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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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Friday, 23 October 09
CIL PRICE HIKE LIKELY TO PUSH POWER RATES UP
Business-Standard reported that, May squeeze cement companies’ margins, but the steel sector is unlikely to be affected much.
The upward re ...
Thursday, 22 October 09
2ND UNITED INDONESIA CABINET UNVEILED
The Jakarta Post reported that, President Susilo Bambang Yudhoyono announced his second United Indonesia Cabinet on Wednesday night, comprising 34 m ...
Thursday, 22 October 09
PEABODY SET TO TAP ASIAN DEMAND FOR COAL
The Australian reported that, US coal giant Peabody Energy plans to double its Queensland and NSW coal exports in the next five years, as it looks t ...
Wednesday, 21 October 09
INDONESIA POWER FIRM SEEKS TO DEFER COAL SUPPLIES
Reuters reported that, Indonesia's state power firm is negotiating with two coal producers, including a unit of PT Bumi Resources Tbk, to defer a c ...
Wednesday, 21 October 09
MINING REGULATION GENERATES CONFUSION IN INDONESIA
The Jakarta Globe reported that, Mining industry representatives said on Friday they were confused by a recently issued regulation restricting the w ...
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- Minerals Council of Australia
- Siam City Cement PLC, Thailand
- ICICI Bank Limited - India
- Bulk Trading Sa - Switzerland
- San Jose City I Power Corp, Philippines
- Global Coal Blending Company Limited - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Edison Trading Spa - Italy
- ASAPP Information Group - India
- Intertek Mineral Services - Indonesia
- European Bulk Services B.V. - Netherlands
- Kaltim Prima Coal - Indonesia
- Commonwealth Bank - Australia
- Gujarat Electricity Regulatory Commission - India
- Ministry of Mines - Canada
- Port Waratah Coal Services - Australia
- Neyveli Lignite Corporation Ltd, - India
- Metalloyd Limited - United Kingdom
- Carbofer General Trading SA - India
- Sree Jayajothi Cements Limited - India
- SMC Global Power, Philippines
- Malabar Cements Ltd - India
- Vedanta Resources Plc - India
- Videocon Industries ltd - India
- Thai Mozambique Logistica
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GAC Shipping (India) Pvt Ltd
- Karaikal Port Pvt Ltd - India
- Bangladesh Power Developement Board
- Eastern Energy - Thailand
- White Energy Company Limited
- PNOC Exploration Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- The Treasury - Australian Government
- Petrochimia International Co. Ltd.- Taiwan
- Heidelberg Cement - Germany
- Power Finance Corporation Ltd., India
- Makarim & Taira - Indonesia
- Vizag Seaport Private Limited - India
- Holcim Trading Pte Ltd - Singapore
- Xindia Steels Limited - India
- Karbindo Abesyapradhi - Indoneisa
- MS Steel International - UAE
- Mintek Dendrill Indonesia
- IEA Clean Coal Centre - UK
- OPG Power Generation Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Samtan Co., Ltd - South Korea
- McConnell Dowell - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Orica Australia Pty. Ltd.
- Cement Manufacturers Association - India
- Miang Besar Coal Terminal - Indonesia
- Meenaskhi Energy Private Limited - India
- Merrill Lynch Commodities Europe
- Ministry of Finance - Indonesia
- Parliament of New Zealand
- Salva Resources Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Maheswari Brothers Coal Limited - India
- Bhatia International Limited - India
- South Luzon Thermal Energy Corporation
- VISA Power Limited - India
- SN Aboitiz Power Inc, Philippines
- Anglo American - United Kingdom
- Oldendorff Carriers - Singapore
- Trasteel International SA, Italy
- Posco Energy - South Korea
- PTC India Limited - India
- Ministry of Transport, Egypt
- Coalindo Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Australian Commodity Traders Exchange
- SMG Consultants - Indonesia
- Star Paper Mills Limited - India
- Cigading International Bulk Terminal - Indonesia
- Attock Cement Pakistan Limited
- Sinarmas Energy and Mining - Indonesia
- India Bulls Power Limited - India
- Standard Chartered Bank - UAE
- Bhushan Steel Limited - India
- CIMB Investment Bank - Malaysia
- Independent Power Producers Association of India
- Central Electricity Authority - India
- Directorate General of MIneral and Coal - Indonesia
- Electricity Generating Authority of Thailand
- Kalimantan Lumbung Energi - Indonesia
- Sindya Power Generating Company Private Ltd
- Agrawal Coal Company - India
- Wood Mackenzie - Singapore
- Antam Resourcindo - Indonesia
- Madhucon Powers Ltd - India
- CNBM International Corporation - China
- Parry Sugars Refinery, India
- Timah Investasi Mineral - Indoneisa
- Mercator Lines Limited - India
- Larsen & Toubro Limited - India
- Tata Chemicals Ltd - India
- Uttam Galva Steels Limited - India
- Krishnapatnam Port Company Ltd. - India
- Goldman Sachs - Singapore
- Coal and Oil Company - UAE
- Barasentosa Lestari - Indonesia
- Electricity Authority, New Zealand
- Indian Oil Corporation Limited
- PowerSource Philippines DevCo
- Coastal Gujarat Power Limited - India
- Kideco Jaya Agung - Indonesia
- Lanco Infratech Ltd - India
- Banpu Public Company Limited - Thailand
- Australian Coal Association
- GN Power Mariveles Coal Plant, Philippines
- GVK Power & Infra Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Deloitte Consulting - India
- Kepco SPC Power Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Rashtriya Ispat Nigam Limited - India
- Altura Mining Limited, Indonesia
- Orica Mining Services - Indonesia
- Chamber of Mines of South Africa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Petron Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Siam City Cement - Thailand
- Ind-Barath Power Infra Limited - India
- Eastern Coal Council - USA
- Romanian Commodities Exchange
- Meralco Power Generation, Philippines
- Aditya Birla Group - India
- AsiaOL BioFuels Corp., Philippines
- Planning Commission, India
- Bharathi Cement Corporation - India
- Kohat Cement Company Ltd. - Pakistan
- Borneo Indobara - Indonesia
- Jaiprakash Power Ventures ltd
- Sakthi Sugars Limited - India
- The University of Queensland
- Bhoruka Overseas - Indonesia
- New Zealand Coal & Carbon
- Kartika Selabumi Mining - Indonesia
- Semirara Mining Corp, Philippines
- Globalindo Alam Lestari - Indonesia
- Singapore Mercantile Exchange
- Baramulti Group, Indonesia
- Gujarat Sidhee Cement - India
- Simpson Spence & Young - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Economic Council, Georgia
- Sical Logistics Limited - India
- Therma Luzon, Inc, Philippines
- Riau Bara Harum - Indonesia
- Ambuja Cements Ltd - India
- Global Business Power Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Kobexindo Tractors - Indoneisa
- Essar Steel Hazira Ltd - India
- The State Trading Corporation of India Ltd
- Straits Asia Resources Limited - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Central Java Power - Indonesia
- Manunggal Multi Energi - Indonesia
- Mercuria Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Jindal Steel & Power Ltd - India
- Indian Energy Exchange, India
- Indogreen Group - Indonesia
- Dalmia Cement Bharat India
- Rio Tinto Coal - Australia
- Interocean Group of Companies - India
- Indonesian Coal Mining Association
- Semirara Mining and Power Corporation, Philippines
- Wilmar Investment Holdings
- Mjunction Services Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Pipit Mutiara Jaya. PT, Indonesia
- Georgia Ports Authority, United States
- Alfred C Toepfer International GmbH - Germany
- International Coal Ventures Pvt Ltd - India
- GMR Energy Limited - India
- Kapuas Tunggal Persada - Indonesia
- Indika Energy - Indonesia
- Energy Link Ltd, New Zealand
- Africa Commodities Group - South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- LBH Netherlands Bv - Netherlands
- Chettinad Cement Corporation Ltd - India
- London Commodity Brokers - England
- Pendopo Energi Batubara - Indonesia
- Leighton Contractors Pty Ltd - Australia
- IHS Mccloskey Coal Group - USA
- Medco Energi Mining Internasional
- Directorate Of Revenue Intelligence - India
- PetroVietnam Power Coal Import and Supply Company
- Formosa Plastics Group - Taiwan
- Asmin Koalindo Tuhup - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Sojitz Corporation - Japan
- Kumho Petrochemical, South Korea
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Bukit Makmur.PT - Indonesia
- Renaissance Capital - South Africa
- Tamil Nadu electricity Board
- Thiess Contractors Indonesia
- Energy Development Corp, Philippines
- Savvy Resources Ltd - HongKong
- Latin American Coal - Colombia
- Marubeni Corporation - India
- Bukit Baiduri Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Grasim Industreis Ltd - India
- Global Green Power PLC Corporation, Philippines
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