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Friday, 28 August 09
COAL INDIA ALLOWED TO IMPORT COKING COAL
The government Thursday allowed the state-owned Coal India to import coking coal and high grade ash thermal coal by acquiring coal properties abroad or overseas joint ventures.
The Cabinet Committee on Economic Affairs (CCEA) authorised an Empowered Committee of Secretaries (ECS) to look into Coal India's proposal to import coking coal for meeting domestic demand.
The ECS had been constituted earlier to consider proposals by International Coal Ventures, a special purpose vehicle set up jointly by five state-owned companies - Steel Authority of India, Rashtriya Ispat Nigam, power utility NTPC, National Mineral Development Corp and Coal India - for acquiring coal properties abroad.
"Since India does not have enough reserves of metallurgical and high grade coal to meet the projected gap between demand and supply, efforts are being made to secure resources abroad from where long term supply of coal at reasonable prices could be assured," the coal ministry said in a statement Thursday.
India's demand for coal has outpaced supply from indigenous sources, and is expected to increase to about 731 million tonnes by 2011-12 from 474 million tonnes, it said.
As a short-term strategy for immediate returns, Coal India aims to establish joint ventures or equity participation with companies engaged in mining meteorological coal and/or low ash thermal coal.
Over the medium term, it would explore equity participation in greenfield projects while over the long term Coal India plans to acquire or lease coal blocks.
Incidentally, Mozambique, in southeastern Africa, has awarded two coal blocks to the company for carrying out exploration and future mine development.
Source: Pro Kerala
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Wednesday, 26 August 09
COAL INDIA MAY HIKE COAL PRICES BY UP TO RS 175 (ABOUT US$ 3.60) A TONNE
The Economic Times reported that, state-owned Coal India may hike coal prices by up to Rs 175 (~ US$ 3.60) a tonne to close the gap between domestic ...
Tuesday, 25 August 09
KOREA TO INTRODUCE COAL-MINING ROBOTS TO REDUCE THE RISK OF HUMAN LOSSES FROM CONVENTIONAL MINING
Far East Gizmos reported that, The state-run Korea Coal Corp. (KOCOAL) signed a memorandum of understanding (MOU) on Monday with three Korean engine ...
Tuesday, 25 August 09
INDIA'S GNFC EXTENDED ONLINE BIDDING FOR PURCHASE OF 260,000 T COAL TO 23RD SEPTEMBER 2009
COALspot.com (India): Gujarat Narmada Valley Fertilizers Co. Ltd. (GNFC) invites offers (e-Tender) for supply of 130,000 MT +/- 5% on firm basis and ...
Tuesday, 25 August 09
ANTAM CONSIDERS ACQUIRING BHP
The Jakarta Post reported that, State mining company PT Aneka Tambang (Antam) is contemplating acquiring BHP Billiton's coal concessions in Central ...
Tuesday, 25 August 09
COAL OUTPUT TO RISE IN H2 BUT EXPORTS TO GO FLAT
The leading english news paper in Indonesia reported that, It is estimated coal production will rise by 5.7 percent in the second semester from a ye ...
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- ICICI Bank Limited - India
- SN Aboitiz Power Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Wilmar Investment Holdings
- Dalmia Cement Bharat India
- Bhushan Steel Limited - India
- Ambuja Cements Ltd - India
- Ministry of Finance - Indonesia
- Power Finance Corporation Ltd., India
- European Bulk Services B.V. - Netherlands
- Formosa Plastics Group - Taiwan
- Krishnapatnam Port Company Ltd. - India
- Mjunction Services Limited - India
- Simpson Spence & Young - Indonesia
- Africa Commodities Group - South Africa
- PNOC Exploration Corporation - Philippines
- PowerSource Philippines DevCo
- IHS Mccloskey Coal Group - USA
- Indian Energy Exchange, India
- Siam City Cement - Thailand
- Bangladesh Power Developement Board
- White Energy Company Limited
- Attock Cement Pakistan Limited
- ASAPP Information Group - India
- AsiaOL BioFuels Corp., Philippines
- Cement Manufacturers Association - India
- Directorate Of Revenue Intelligence - India
- Metalloyd Limited - United Kingdom
- Bukit Makmur.PT - Indonesia
- Kumho Petrochemical, South Korea
- Gujarat Electricity Regulatory Commission - India
- Australian Commodity Traders Exchange
- Vedanta Resources Plc - India
- Sarangani Energy Corporation, Philippines
- Mercator Lines Limited - India
- Aboitiz Power Corporation - Philippines
- GVK Power & Infra Limited - India
- Orica Australia Pty. Ltd.
- Mercuria Energy - Indonesia
- Energy Development Corp, Philippines
- Rio Tinto Coal - Australia
- Cigading International Bulk Terminal - Indonesia
- Eastern Energy - Thailand
- Essar Steel Hazira Ltd - India
- Planning Commission, India
- Holcim Trading Pte Ltd - Singapore
- Thiess Contractors Indonesia
- Electricity Authority, New Zealand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Intertek Mineral Services - Indonesia
- Orica Mining Services - Indonesia
- Antam Resourcindo - Indonesia
- Sojitz Corporation - Japan
- Borneo Indobara - Indonesia
- Bharathi Cement Corporation - India
- Sindya Power Generating Company Private Ltd
- Mintek Dendrill Indonesia
- Leighton Contractors Pty Ltd - Australia
- The Treasury - Australian Government
- Bukit Asam (Persero) Tbk - Indonesia
- Meralco Power Generation, Philippines
- Barasentosa Lestari - Indonesia
- Sical Logistics Limited - India
- Maheswari Brothers Coal Limited - India
- Posco Energy - South Korea
- International Coal Ventures Pvt Ltd - India
- London Commodity Brokers - England
- Semirara Mining Corp, Philippines
- PTC India Limited - India
- Bukit Baiduri Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Thai Mozambique Logistica
- Gujarat Sidhee Cement - India
- Latin American Coal - Colombia
- Indian Oil Corporation Limited
- Kalimantan Lumbung Energi - Indonesia
- Ministry of Transport, Egypt
- Billiton Holdings Pty Ltd - Australia
- OPG Power Generation Pvt Ltd - India
- Anglo American - United Kingdom
- Indo Tambangraya Megah - Indonesia
- Energy Link Ltd, New Zealand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- SMC Global Power, Philippines
- Savvy Resources Ltd - HongKong
- Petron Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Tata Chemicals Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Merrill Lynch Commodities Europe
- Tamil Nadu electricity Board
- Therma Luzon, Inc, Philippines
- Chamber of Mines of South Africa
- Miang Besar Coal Terminal - Indonesia
- Salva Resources Pvt Ltd - India
- Deloitte Consulting - India
- India Bulls Power Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Australian Coal Association
- Rashtriya Ispat Nigam Limited - India
- Jaiprakash Power Ventures ltd
- Economic Council, Georgia
- Indika Energy - Indonesia
- VISA Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Chettinad Cement Corporation Ltd - India
- Makarim & Taira - Indonesia
- CIMB Investment Bank - Malaysia
- SMG Consultants - Indonesia
- Banpu Public Company Limited - Thailand
- Bhatia International Limited - India
- GAC Shipping (India) Pvt Ltd
- Central Java Power - Indonesia
- Xindia Steels Limited - India
- Jindal Steel & Power Ltd - India
- Ind-Barath Power Infra Limited - India
- Medco Energi Mining Internasional
- Kohat Cement Company Ltd. - Pakistan
- Carbofer General Trading SA - India
- Marubeni Corporation - India
- Indogreen Group - Indonesia
- Samtan Co., Ltd - South Korea
- Coalindo Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kartika Selabumi Mining - Indonesia
- GMR Energy Limited - India
- Central Electricity Authority - India
- Videocon Industries ltd - India
- Wood Mackenzie - Singapore
- MS Steel International - UAE
- Lanco Infratech Ltd - India
- Vizag Seaport Private Limited - India
- Malabar Cements Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Singapore Mercantile Exchange
- Binh Thuan Hamico - Vietnam
- Minerals Council of Australia
- Grasim Industreis Ltd - India
- Kepco SPC Power Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Meenaskhi Energy Private Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Global Coal Blending Company Limited - Australia
- Altura Mining Limited, Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- The University of Queensland
- Kobexindo Tractors - Indoneisa
- LBH Netherlands Bv - Netherlands
- Maharashtra Electricity Regulatory Commission - India
- Bulk Trading Sa - Switzerland
- Commonwealth Bank - Australia
- Larsen & Toubro Limited - India
- Semirara Mining and Power Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Bhoruka Overseas - Indonesia
- Karaikal Port Pvt Ltd - India
- Georgia Ports Authority, United States
- Uttam Galva Steels Limited - India
- Eastern Coal Council - USA
- Siam City Cement PLC, Thailand
- Independent Power Producers Association of India
- Heidelberg Cement - Germany
- Directorate General of MIneral and Coal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Straits Asia Resources Limited - Singapore
- Standard Chartered Bank - UAE
- Global Business Power Corporation, Philippines
- Electricity Generating Authority of Thailand
- Jorong Barutama Greston.PT - Indonesia
- Coal and Oil Company - UAE
- Madhucon Powers Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- The State Trading Corporation of India Ltd
- Riau Bara Harum - Indonesia
- New Zealand Coal & Carbon
- Edison Trading Spa - Italy
- McConnell Dowell - Australia
- Oldendorff Carriers - Singapore
- Alfred C Toepfer International GmbH - Germany
- Asmin Koalindo Tuhup - Indonesia
- Aditya Birla Group - India
- Port Waratah Coal Services - Australia
- Parliament of New Zealand
- Iligan Light & Power Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Trasteel International SA, Italy
- Agrawal Coal Company - India
- Sakthi Sugars Limited - India
- TeaM Sual Corporation - Philippines
- CNBM International Corporation - China
- Bayan Resources Tbk. - Indonesia
- Goldman Sachs - Singapore
- Baramulti Group, Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Renaissance Capital - South Africa
- Coastal Gujarat Power Limited - India
- Romanian Commodities Exchange
- Manunggal Multi Energi - Indonesia
- Interocean Group of Companies - India
- Ministry of Mines - Canada
- Kapuas Tunggal Persada - Indonesia
- Parry Sugars Refinery, India
- South Luzon Thermal Energy Corporation
- Indonesian Coal Mining Association
- Sree Jayajothi Cements Limited - India
- Price Waterhouse Coopers - Russia
- IEA Clean Coal Centre - UK
- Kaltim Prima Coal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Green Power PLC Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Star Paper Mills Limited - India
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