We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Monday, 10 August 09
POLICY HURDLES DELAY NALCO'S U$$ 4.166 BILLION OVERSEAS PROJECTS
 National Aluminium Company Ltd's (NALCO) greenfield projects in overseas markets like Indonesia and Iran are in limbo because of political
and policy hurdles in those countries.
The policies of the Indonesian government and a volatile political situation in Iran are keeping the aluminium major from setting up its plants entailing an estimated investment of over Rs 20,000 crore (about US$ 4.166 Billion) , NALCO CMD C R Pradhan told PTI during his recent visit to Kolkata.
Though, the Indonesian law does not allow foreign companies to have a stake in mineral exploration, the NALCO project would be developed in a joint venture with a local partner who will have the control of the rights of coal and bauxite mines, he said.
The company would go ahead with the project, which would require at least Rs 10,000 crore (US$ 2.083 Billion) investment each, only after there is assurance of the right of some control on the minerals, Pradhan said.
The navratna company would be the majority shareholder and will control the management of the projects, Pradhan said.
Last year, NALCO had inked an agreement with the government of Indonesia for setting up a 5-lakh-tonne aluminium smelter and a 1,250 MW captive power unit at an investment of about Rs 17,000 crore (US$ 3.541 Billion).
In Iran, NALCO has plans to set up a 3.30-lakh (0.33 million) tonne smelter in a joint venture with the Iranian firm ALPHA at an investment of Rs 10,000 crore. But, the company seeks a better political climate before it submits the project plan to the Iranian government for approval.
It also plans to set up an aluminium smelter in South Africa, but the project is in nascent stage.
NALCO was aiming to ramp up its production capacity to 2.10 lakh tonnes (0.21 million) per annum for the current fiscal. In 2010-11, the capacity would be scaled up to 2.60 lakh (0.26 million) tonnes.
Pradhan was also expecting aluminium prices to stabilise at Rs 1,800-2,000 (US$ 37.5 - 41.67) a tonne which, he said, would offer the company a comfortable margin as its break-even price was below Rs 1,400 (US$ 29.16) a tonne. (1 US$ = Rs. 48)
Source: Ecomic Times
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Wednesday, 05 August 09
PEOPLE'S MINING SHOULD BE REGULATED UNDER RPP MINERBA
The Indonesian Institute of Science (LIPI) has called on the government to include a specific provision for people’s mining in the draft govern ...
Tuesday, 04 August 09
SRI LANKA IS LOOKING FOR 650,000 TON OF COAL NEXT YEAR FOR ITS FIRST 900 MW POWER PLANT.
COALspot.com ( Sri Lanka) : Lanka Coal Company Limited was issued a tender on 23 July 2009 to purchase 650,000 +/- 20% MT Bituminous Coal per a ...
Monday, 03 August 09
ONE YEAR CHARTER RATES FOR SUPRAMAX WAS AT AROUND USD 18,500 - VISTAAR SINGAPORE
COALspot.com (Singapore) : The freight market was flat this week with hardly any change in the BDI.The cape was up by about 4 pct and closed at 5,38 ...
Saturday, 01 August 09
APGENCO SAYS BOUGHT 500,000T MALAYSIAN COAL
The Malaysian Insider reported that, Indian state utility Andhra Pradesh Power Generation Corporation Ltd (Apgenco) has bought 500,000 tonnes of Mal ...
Thursday, 30 July 09
KOMIPO OFFERED 3 MILLION MT IN TENDER, TEN TIMES OVERSUBSCRIBED
Korea Midland has received offers for 3 million mt of bituminous steam coal in its latest tender despite the power utility seeking only 300,000 mt, ...
|
|
|
Showing 6541 to 6545 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Sindya Power Generating Company Private Ltd
- Essar Steel Hazira Ltd - India
- Australian Coal Association
- Malabar Cements Ltd - India
- Intertek Mineral Services - Indonesia
- Ministry of Finance - Indonesia
- Jaiprakash Power Ventures ltd
- Georgia Ports Authority, United States
- Riau Bara Harum - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coalindo Energy - Indonesia
- Ministry of Transport, Egypt
- Kohat Cement Company Ltd. - Pakistan
- Central Java Power - Indonesia
- Jindal Steel & Power Ltd - India
- Samtan Co., Ltd - South Korea
- GMR Energy Limited - India
- Banpu Public Company Limited - Thailand
- IEA Clean Coal Centre - UK
- Ceylon Electricity Board - Sri Lanka
- Economic Council, Georgia
- Bukit Asam (Persero) Tbk - Indonesia
- SMC Global Power, Philippines
- Gujarat Electricity Regulatory Commission - India
- Independent Power Producers Association of India
- The University of Queensland
- Attock Cement Pakistan Limited
- Cigading International Bulk Terminal - Indonesia
- Australian Commodity Traders Exchange
- South Luzon Thermal Energy Corporation
- Toyota Tsusho Corporation, Japan
- Grasim Industreis Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Bhatia International Limited - India
- Straits Asia Resources Limited - Singapore
- Directorate Of Revenue Intelligence - India
- Altura Mining Limited, Indonesia
- PTC India Limited - India
- Interocean Group of Companies - India
- Sarangani Energy Corporation, Philippines
- Petron Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Indian Oil Corporation Limited
- The State Trading Corporation of India Ltd
- LBH Netherlands Bv - Netherlands
- Larsen & Toubro Limited - India
- New Zealand Coal & Carbon
- Minerals Council of Australia
- Parliament of New Zealand
- McConnell Dowell - Australia
- Bangladesh Power Developement Board
- Therma Luzon, Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Romanian Commodities Exchange
- Bhushan Steel Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Kumho Petrochemical, South Korea
- Dalmia Cement Bharat India
- Antam Resourcindo - Indonesia
- Aboitiz Power Corporation - Philippines
- Semirara Mining Corp, Philippines
- Simpson Spence & Young - Indonesia
- CIMB Investment Bank - Malaysia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- ASAPP Information Group - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Heidelberg Cement - Germany
- Parry Sugars Refinery, India
- Kepco SPC Power Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- ICICI Bank Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Goldman Sachs - Singapore
- Bayan Resources Tbk. - Indonesia
- Maheswari Brothers Coal Limited - India
- Merrill Lynch Commodities Europe
- Agrawal Coal Company - India
- GAC Shipping (India) Pvt Ltd
- Cement Manufacturers Association - India
- Timah Investasi Mineral - Indoneisa
- Sical Logistics Limited - India
- Orica Australia Pty. Ltd.
- Deloitte Consulting - India
- Thiess Contractors Indonesia
- Energy Link Ltd, New Zealand
- Madhucon Powers Ltd - India
- European Bulk Services B.V. - Netherlands
- Rashtriya Ispat Nigam Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Iligan Light & Power Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Planning Commission, India
- Aditya Birla Group - India
- Directorate General of MIneral and Coal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- GVK Power & Infra Limited - India
- Sojitz Corporation - Japan
- Edison Trading Spa - Italy
- CNBM International Corporation - China
- Leighton Contractors Pty Ltd - Australia
- Tata Chemicals Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Baramulti Group, Indonesia
- SMG Consultants - Indonesia
- Coal and Oil Company - UAE
- Gujarat Sidhee Cement - India
- OPG Power Generation Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Kapuas Tunggal Persada - Indonesia
- Barasentosa Lestari - Indonesia
- Vedanta Resources Plc - India
- Sree Jayajothi Cements Limited - India
- Kartika Selabumi Mining - Indonesia
- Sakthi Sugars Limited - India
- Siam City Cement - Thailand
- Metalloyd Limited - United Kingdom
- Port Waratah Coal Services - Australia
- Wood Mackenzie - Singapore
- Mercator Lines Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Energy Development Corp, Philippines
- India Bulls Power Limited - India
- Indika Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Rio Tinto Coal - Australia
- Siam City Cement PLC, Thailand
- San Jose City I Power Corp, Philippines
- Bukit Baiduri Energy - Indonesia
- Electricity Generating Authority of Thailand
- Xindia Steels Limited - India
- Krishnapatnam Port Company Ltd. - India
- Global Coal Blending Company Limited - Australia
- Salva Resources Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Makarim & Taira - Indonesia
- Wilmar Investment Holdings
- Bharathi Cement Corporation - India
- Trasteel International SA, Italy
- Sinarmas Energy and Mining - Indonesia
- Indogreen Group - Indonesia
- Medco Energi Mining Internasional
- Karaikal Port Pvt Ltd - India
- Posco Energy - South Korea
- London Commodity Brokers - England
- Neyveli Lignite Corporation Ltd, - India
- Oldendorff Carriers - Singapore
- Mjunction Services Limited - India
- Tamil Nadu electricity Board
- Power Finance Corporation Ltd., India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ambuja Cements Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Africa Commodities Group - South Africa
- Bulk Trading Sa - Switzerland
- Latin American Coal - Colombia
- TNB Fuel Sdn Bhd - Malaysia
- Alfred C Toepfer International GmbH - Germany
- Global Business Power Corporation, Philippines
- Chamber of Mines of South Africa
- PowerSource Philippines DevCo
- Chettinad Cement Corporation Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Indo Tambangraya Megah - Indonesia
- Bukit Makmur.PT - Indonesia
- Kideco Jaya Agung - Indonesia
- Globalindo Alam Lestari - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Mercuria Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Eastern Energy - Thailand
- Thai Mozambique Logistica
- Commonwealth Bank - Australia
- Central Electricity Authority - India
- Renaissance Capital - South Africa
- Anglo American - United Kingdom
- White Energy Company Limited
- Singapore Mercantile Exchange
- Standard Chartered Bank - UAE
- SN Aboitiz Power Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- MS Steel International - UAE
- Ind-Barath Power Infra Limited - India
- Holcim Trading Pte Ltd - Singapore
- Carbofer General Trading SA - India
- Pendopo Energi Batubara - Indonesia
- Eastern Coal Council - USA
- TeaM Sual Corporation - Philippines
- Videocon Industries ltd - India
- Ministry of Mines - Canada
- Indian Energy Exchange, India
- Uttam Galva Steels Limited - India
- Manunggal Multi Energi - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Marubeni Corporation - India
- Borneo Indobara - Indonesia
- Kobexindo Tractors - Indoneisa
- Savvy Resources Ltd - HongKong
- VISA Power Limited - India
- IHS Mccloskey Coal Group - USA
- PNOC Exploration Corporation - Philippines
- Formosa Plastics Group - Taiwan
- Mintek Dendrill Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indonesian Coal Mining Association
- Vizag Seaport Private Limited - India
- Kaltim Prima Coal - Indonesia
- Orica Mining Services - Indonesia
- Star Paper Mills Limited - India
- Bhoruka Overseas - Indonesia
- The Treasury - Australian Government
- Price Waterhouse Coopers - Russia
- Lanco Infratech Ltd - India
- Meralco Power Generation, Philippines
- Electricity Authority, New Zealand
|
| |
| |
|
