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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 $1-1.5 billion for acquisition of overseas coal assets. Earlier in March, CIL was awarded two exploratory coal blocks in Tete province of Mozambique, having an estimated reserve of one billion tonnes. While the exploration of these two coal blocks spread over 224 sq km was set to commence within a few months, the mining activities were expected to begin after three years.
Source: Business Standard
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Thursday, 29 October 09
MMTC AWARDED 12.5 MILLION TONS TO THREE INDIAN TRADERS
COALspot.com (India): State-run trading firm MMTC awarded tenders for the import of 12.5 million tonnes of coal for NTPC to three Indian coal trader ...
Thursday, 29 October 09
COAL OF AFRICA SEES VELE OUTPUT BY APRIL 2010
* First coal from Mooiplaats mined and sold
* Talks with Transnet on rail PPP on track
Reuters reported that, Coal of Africa (CoAL) said on Mond ...
Thursday, 29 October 09
UAE FUND EYES INDIA POWER FOR INDONESIAN COAL
Reuters reported that, the UAE's Middle East Coal (MEC) is in talks to buy equity stakes in India's power plants in exchange for long-term coal su ...
Thursday, 29 October 09
CESC POSTS RS 126 CRORE (US$ 26,655,178) NET PROFIT IN QUARTER TWO
Economic Times reported that, Energy major CESC posted a marginal increase in net profit at Rs 126 crore (US$ 26,655,178) for the quarter ended Sep ...
Thursday, 29 October 09
INDIA MMTC TENDER SET TO BOOST S.AFRICA COAL
The South African coal market is set to be boosted further by India's state-owned trading firm MMTC Ltd's tender for 12.5 million tonnes, Indian t ...
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- Siam City Cement PLC, Thailand
- Edison Trading Spa - Italy
- Kumho Petrochemical, South Korea
- Ceylon Electricity Board - Sri Lanka
- Videocon Industries ltd - India
- Simpson Spence & Young - Indonesia
- Globalindo Alam Lestari - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Banpu Public Company Limited - Thailand
- Deloitte Consulting - India
- Coastal Gujarat Power Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Independent Power Producers Association of India
- Kohat Cement Company Ltd. - Pakistan
- Asmin Koalindo Tuhup - Indonesia
- Sical Logistics Limited - India
- Toyota Tsusho Corporation, Japan
- TNB Fuel Sdn Bhd - Malaysia
- Malabar Cements Ltd - India
- Karaikal Port Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- South Luzon Thermal Energy Corporation
- Bangladesh Power Developement Board
- Bhushan Steel Limited - India
- Electricity Authority, New Zealand
- Standard Chartered Bank - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Samtan Co., Ltd - South Korea
- Gujarat Electricity Regulatory Commission - India
- Siam City Cement - Thailand
- GVK Power & Infra Limited - India
- Indogreen Group - Indonesia
- Binh Thuan Hamico - Vietnam
- Global Coal Blending Company Limited - Australia
- Central Electricity Authority - India
- Star Paper Mills Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Vedanta Resources Plc - India
- Medco Energi Mining Internasional
- Jorong Barutama Greston.PT - Indonesia
- Interocean Group of Companies - India
- LBH Netherlands Bv - Netherlands
- Manunggal Multi Energi - Indonesia
- Merrill Lynch Commodities Europe
- Minerals Council of Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- PowerSource Philippines DevCo
- Intertek Mineral Services - Indonesia
- Kepco SPC Power Corporation, Philippines
- Bharathi Cement Corporation - India
- Indo Tambangraya Megah - Indonesia
- Borneo Indobara - Indonesia
- Mintek Dendrill Indonesia
- European Bulk Services B.V. - Netherlands
- Uttam Galva Steels Limited - India
- Xindia Steels Limited - India
- Sinarmas Energy and Mining - Indonesia
- Gujarat Sidhee Cement - India
- Australian Coal Association
- Singapore Mercantile Exchange
- Cement Manufacturers Association - India
- Pipit Mutiara Jaya. PT, Indonesia
- Sakthi Sugars Limited - India
- Meenaskhi Energy Private Limited - India
- Riau Bara Harum - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Global Business Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Aditya Birla Group - India
- Renaissance Capital - South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sindya Power Generating Company Private Ltd
- Antam Resourcindo - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Petron Corporation, Philippines
- Parliament of New Zealand
- Africa Commodities Group - South Africa
- Rashtriya Ispat Nigam Limited - India
- Ministry of Finance - Indonesia
- Barasentosa Lestari - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Oldendorff Carriers - Singapore
- Straits Asia Resources Limited - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kideco Jaya Agung - Indonesia
- Carbofer General Trading SA - India
- The Treasury - Australian Government
- Krishnapatnam Port Company Ltd. - India
- Savvy Resources Ltd - HongKong
- Indian Oil Corporation Limited
- Sree Jayajothi Cements Limited - India
- Metalloyd Limited - United Kingdom
- Jindal Steel & Power Ltd - India
- Jaiprakash Power Ventures ltd
- Iligan Light & Power Inc, Philippines
- Marubeni Corporation - India
- Trasteel International SA, Italy
- Tamil Nadu electricity Board
- GMR Energy Limited - India
- Makarim & Taira - Indonesia
- Bhatia International Limited - India
- The University of Queensland
- Coal and Oil Company - UAE
- Port Waratah Coal Services - Australia
- Georgia Ports Authority, United States
- Energy Link Ltd, New Zealand
- SMC Global Power, Philippines
- Global Green Power PLC Corporation, Philippines
- Romanian Commodities Exchange
- Eastern Coal Council - USA
- Mjunction Services Limited - India
- Thiess Contractors Indonesia
- Therma Luzon, Inc, Philippines
- McConnell Dowell - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Kartika Selabumi Mining - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Bhoruka Overseas - Indonesia
- IEA Clean Coal Centre - UK
- India Bulls Power Limited - India
- Semirara Mining and Power Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- CIMB Investment Bank - Malaysia
- Orica Australia Pty. Ltd.
- GN Power Mariveles Coal Plant, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Australian Commodity Traders Exchange
- Altura Mining Limited, Indonesia
- New Zealand Coal & Carbon
- Latin American Coal - Colombia
- Rio Tinto Coal - Australia
- Indian Energy Exchange, India
- Salva Resources Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Energy Development Corp, Philippines
- GAC Shipping (India) Pvt Ltd
- Anglo American - United Kingdom
- Kapuas Tunggal Persada - Indonesia
- Sarangani Energy Corporation, Philippines
- Parry Sugars Refinery, India
- The State Trading Corporation of India Ltd
- Lanco Infratech Ltd - India
- Kaltim Prima Coal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Semirara Mining Corp, Philippines
- Thai Mozambique Logistica
- Wood Mackenzie - Singapore
- Dalmia Cement Bharat India
- IHS Mccloskey Coal Group - USA
- Ministry of Mines - Canada
- Eastern Energy - Thailand
- Orica Mining Services - Indonesia
- SN Aboitiz Power Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PTC India Limited - India
- CNBM International Corporation - China
- Baramulti Group, Indonesia
- Planning Commission, India
- VISA Power Limited - India
- Aboitiz Power Corporation - Philippines
- Karbindo Abesyapradhi - Indoneisa
- Attock Cement Pakistan Limited
- Agrawal Coal Company - India
- Directorate Of Revenue Intelligence - India
- Bulk Trading Sa - Switzerland
- Gujarat Mineral Development Corp Ltd - India
- MS Steel International - UAE
- Ambuja Cements Ltd - India
- Wilmar Investment Holdings
- PNOC Exploration Corporation - Philippines
- Price Waterhouse Coopers - Russia
- Commonwealth Bank - Australia
- London Commodity Brokers - England
- Sojitz Corporation - Japan
- Bukit Baiduri Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- TeaM Sual Corporation - Philippines
- Bukit Makmur.PT - Indonesia
- Tata Chemicals Ltd - India
- Electricity Generating Authority of Thailand
- Posco Energy - South Korea
- San Jose City I Power Corp, Philippines
- Goldman Sachs - Singapore
- Ministry of Transport, Egypt
- Leighton Contractors Pty Ltd - Australia
- Power Finance Corporation Ltd., India
- Grasim Industreis Ltd - India
- Meralco Power Generation, Philippines
- Mercator Lines Limited - India
- Neyveli Lignite Corporation Ltd, - India
- ICICI Bank Limited - India
- Alfred C Toepfer International GmbH - Germany
- ASAPP Information Group - India
- Pendopo Energi Batubara - Indonesia
- Economic Council, Georgia
- Indika Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- White Energy Company Limited
- Central Java Power - Indonesia
- Coalindo Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Chamber of Mines of South Africa
- AsiaOL BioFuels Corp., Philippines
- Maheswari Brothers Coal Limited - India
- Mercuria Energy - Indonesia
- Madhucon Powers Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Formosa Plastics Group - Taiwan
- SMG Consultants - Indonesia
- Heidelberg Cement - Germany
- Larsen & Toubro Limited - India
- Indonesian Coal Mining Association
- Miang Besar Coal Terminal - Indonesia
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