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Tuesday, 08 September 09
MERCHANT BANKERS ADVISE CIL ON INDONESIAN MINE BUYS
Business Standard reported that, State-owned Coal India Ltd (CIL) is being advised by four to five merchant bankers on acquisition of coal assets in Indonesia. The Navratna coal firm, which had so far been slow in acquiring coal properties in Indonesia compared with other nations like Australia and Mozambique, is now keen on expediting the process.
“The process has been somewhat slow compared with other nations. We want to expedite the acquisition process in Indonesia,” a company source told Business Standard. The coal major is yet to zero on any particular mine, but is focused on buying stakes in thermal coal assets in that country.
It was only recently that CIL had also stepped up efforts to acquire coal assets in Australia. A delegation comprising coal minister Sriprakash Jaiswal, CIL Chairman Partha S Bhattacharyya and other top officials of the coal ministry is on a visit to Australia to secure coal assets there.
The coal major is open to acquiring both operational and virgin coal mines in Australia. CIL could either pick up stakes in Australian mining companies or carry out joint mining operations with them.
CIL had also called for Expressions of Interest (EoIs) from global mining firms in July this year for entering into a strategic business partnership. Over 100 global mining firms had evinced interest in the proposed partnership.
The company had lined up an investment of $1-1.5 billion for acquisition of overseas coal assets. Earlier in March, CIL was awarded two exploratory coal blocks in Tete province of Mozambique, having an estimated reserve of one billion tonnes. While the exploration of these two coal blocks spread over 224 sq km was set to commence within a few months, the mining activities were expected to begin after three years.
Source: Business Standard
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Tuesday, 17 November 09
JSW STEEL MAY SPEND $500 MILLION TO ACQUIRE COAL MINES OVERSEAS
JSW Steel Ltd., India’s third- biggest producer, may spend $500 million buying coal mines overseas, securing supplies for its local expansion. ...
Monday, 16 November 09
141 VESSELS ARE EXPECTED TO LOAD 8.833 MILLION TONS OF INDONESIAN COAL BEFORE 30 NOVEMBER 2009
COALspot.com (Indonesia): 141 vessels are expected to load or sail with 8.833 million tons of Indonesian coal before 30 November 2009.
A source f ...
Sunday, 15 November 09
NALCO SHELVES SA PROJECT- PUTS IRAN PROJECT ON HOLD
The Economic Times reported that, In a twin decision on its global operations involving about Rs 27,000-crore (US$ 5.847billions) investment, the st ...
Saturday, 14 November 09
SHORT PERIOD RATES FOR SUPRAMAX WAS AT US$ 19,000 / 20,000 PER DAY FOR VESSELS OPENING FAR EAST / SE ASIA - VISTAAR SINGAPORE
COALspot.com (Singaproe): BDI continues to rally crossing the 4,000 mark. The BDI increased this week by 718 points up by 21 pct and closed at 4,111 ...
Saturday, 14 November 09
CHINA HAS BEEN THE LARGEST SINGLE BUYER OF INDONESIAN COAL IN OCTOBER, TAKING 24.37% OF TOTAL EXPORT QUANTITY OF 22.637 MILLION TONS
COALspot.com (Indonesia): China has been the largest single buyer of Indonesian coal in October 2009, taking 24.37% of total export quantity o ...
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- Merrill Lynch Commodities Europe
- Sindya Power Generating Company Private Ltd
- Billiton Holdings Pty Ltd - Australia
- Rio Tinto Coal - Australia
- Miang Besar Coal Terminal - Indonesia
- Malabar Cements Ltd - India
- The University of Queensland
- Meenaskhi Energy Private Limited - India
- Kartika Selabumi Mining - Indonesia
- Bukit Baiduri Energy - Indonesia
- Orica Australia Pty. Ltd.
- Georgia Ports Authority, United States
- Jindal Steel & Power Ltd - India
- Electricity Authority, New Zealand
- Essar Steel Hazira Ltd - India
- Wood Mackenzie - Singapore
- Videocon Industries ltd - India
- Bhatia International Limited - India
- European Bulk Services B.V. - Netherlands
- Petron Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Ambuja Cements Ltd - India
- Tamil Nadu electricity Board
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ministry of Finance - Indonesia
- Dalmia Cement Bharat India
- Romanian Commodities Exchange
- Pendopo Energi Batubara - Indonesia
- Sree Jayajothi Cements Limited - India
- Electricity Generating Authority of Thailand
- Wilmar Investment Holdings
- Sarangani Energy Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Sinarmas Energy and Mining - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Agrawal Coal Company - India
- Interocean Group of Companies - India
- CNBM International Corporation - China
- Medco Energi Mining Internasional
- Indogreen Group - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Siam City Cement PLC, Thailand
- PetroVietnam Power Coal Import and Supply Company
- Star Paper Mills Limited - India
- Toyota Tsusho Corporation, Japan
- Thiess Contractors Indonesia
- Alfred C Toepfer International GmbH - Germany
- Rashtriya Ispat Nigam Limited - India
- White Energy Company Limited
- Semirara Mining Corp, Philippines
- Indonesian Coal Mining Association
- Samtan Co., Ltd - South Korea
- Marubeni Corporation - India
- PowerSource Philippines DevCo
- Renaissance Capital - South Africa
- Kapuas Tunggal Persada - Indonesia
- Meralco Power Generation, Philippines
- Aditya Birla Group - India
- PNOC Exploration Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Makarim & Taira - Indonesia
- Energy Link Ltd, New Zealand
- Holcim Trading Pte Ltd - Singapore
- Sical Logistics Limited - India
- Ceylon Electricity Board - Sri Lanka
- Port Waratah Coal Services - Australia
- Directorate Of Revenue Intelligence - India
- Bukit Makmur.PT - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Independent Power Producers Association of India
- Thai Mozambique Logistica
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kobexindo Tractors - Indoneisa
- Pipit Mutiara Jaya. PT, Indonesia
- Bayan Resources Tbk. - Indonesia
- Indika Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- India Bulls Power Limited - India
- Bhoruka Overseas - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Australian Commodity Traders Exchange
- Indo Tambangraya Megah - Indonesia
- Anglo American - United Kingdom
- Tata Chemicals Ltd - India
- Globalindo Alam Lestari - Indonesia
- Bhushan Steel Limited - India
- Chamber of Mines of South Africa
- Timah Investasi Mineral - Indoneisa
- IEA Clean Coal Centre - UK
- GN Power Mariveles Coal Plant, Philippines
- Attock Cement Pakistan Limited
- Madhucon Powers Ltd - India
- Edison Trading Spa - Italy
- Ind-Barath Power Infra Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- ICICI Bank Limited - India
- Larsen & Toubro Limited - India
- Power Finance Corporation Ltd., India
- Kaltim Prima Coal - Indonesia
- Vizag Seaport Private Limited - India
- Aboitiz Power Corporation - Philippines
- Intertek Mineral Services - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Latin American Coal - Colombia
- Kohat Cement Company Ltd. - Pakistan
- Indian Oil Corporation Limited
- Leighton Contractors Pty Ltd - Australia
- Economic Council, Georgia
- Indian Energy Exchange, India
- Salva Resources Pvt Ltd - India
- Mercator Lines Limited - India
- Orica Mining Services - Indonesia
- Eastern Energy - Thailand
- International Coal Ventures Pvt Ltd - India
- Parry Sugars Refinery, India
- Therma Luzon, Inc, Philippines
- Mintek Dendrill Indonesia
- Oldendorff Carriers - Singapore
- Binh Thuan Hamico - Vietnam
- Maharashtra Electricity Regulatory Commission - India
- Iligan Light & Power Inc, Philippines
- The Treasury - Australian Government
- TeaM Sual Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- Siam City Cement - Thailand
- LBH Netherlands Bv - Netherlands
- VISA Power Limited - India
- Kideco Jaya Agung - Indonesia
- Coastal Gujarat Power Limited - India
- Gujarat Sidhee Cement - India
- The State Trading Corporation of India Ltd
- London Commodity Brokers - England
- Sojitz Corporation - Japan
- ASAPP Information Group - India
- Uttam Galva Steels Limited - India
- PTC India Limited - India
- Global Green Power PLC Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Standard Chartered Bank - UAE
- Africa Commodities Group - South Africa
- Carbofer General Trading SA - India
- Bahari Cakrawala Sebuku - Indonesia
- MS Steel International - UAE
- GMR Energy Limited - India
- AsiaOL BioFuels Corp., Philippines
- Coal and Oil Company - UAE
- Xindia Steels Limited - India
- Formosa Plastics Group - Taiwan
- Mercuria Energy - Indonesia
- Ministry of Mines - Canada
- Ministry of Transport, Egypt
- Posco Energy - South Korea
- Price Waterhouse Coopers - Russia
- San Jose City I Power Corp, Philippines
- Bangladesh Power Developement Board
- GVK Power & Infra Limited - India
- Bharathi Cement Corporation - India
- Petrochimia International Co. Ltd.- Taiwan
- Heidelberg Cement - Germany
- OPG Power Generation Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- New Zealand Coal & Carbon
- Coalindo Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Sakthi Sugars Limited - India
- SMG Consultants - Indonesia
- Riau Bara Harum - Indonesia
- Mjunction Services Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Jaiprakash Power Ventures ltd
- Maheswari Brothers Coal Limited - India
- Altura Mining Limited, Indonesia
- Gujarat Electricity Regulatory Commission - India
- Borneo Indobara - Indonesia
- Energy Development Corp, Philippines
- Semirara Mining and Power Corporation, Philippines
- Australian Coal Association
- South Luzon Thermal Energy Corporation
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Central Java Power - Indonesia
- Cement Manufacturers Association - India
- SMC Global Power, Philippines
- Barasentosa Lestari - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Lanco Infratech Ltd - India
- Parliament of New Zealand
- Global Coal Blending Company Limited - Australia
- CIMB Investment Bank - Malaysia
- Singapore Mercantile Exchange
- Planning Commission, India
- Baramulti Group, Indonesia
- Central Electricity Authority - India
- Metalloyd Limited - United Kingdom
- Minerals Council of Australia
- GAC Shipping (India) Pvt Ltd
- Trasteel International SA, Italy
- Gujarat Mineral Development Corp Ltd - India
- Deloitte Consulting - India
- Krishnapatnam Port Company Ltd. - India
- Commonwealth Bank - Australia
- Manunggal Multi Energi - Indonesia
- Banpu Public Company Limited - Thailand
- Kalimantan Lumbung Energi - Indonesia
- Savvy Resources Ltd - HongKong
- Karaikal Port Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Bulk Trading Sa - Switzerland
- Offshore Bulk Terminal Pte Ltd, Singapore
- Vedanta Resources Plc - India
- Grasim Industreis Ltd - India
- Goldman Sachs - Singapore
- Karbindo Abesyapradhi - Indoneisa
- McConnell Dowell - Australia
- Eastern Coal Council - USA
- Global Business Power Corporation, Philippines
- Antam Resourcindo - Indonesia
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