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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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Monday, 24 August 09
10 LAKH (1 MILLION) TONNE COAL BURNT IN KPT
Times of India reported that, In an unusual phenomenon, 10 lakh tonne coal cache stored at a plot in Kandla Port Trust was reduced to ashes after it ...
Monday, 24 August 09
LANCO IN TALKS FOR INDONESIAN COAL MINE
Economic Times of India reported that, Infrastructure company Lanco Infratech is in advanced talks with Indonesian engineering, procurement and cons ...
Saturday, 22 August 09
'THE BDI IS LIKELY TO BE HOLDING AROUND 2,500 POINTS' - SHIPPING UPDATE
COALspot.com (Singapore): The dry bulk market continued to be soft and the BDI dropped by 10 percent this week and closed at 24,68 points this week. ...
Saturday, 22 August 09
INDIAN COAL BUYERS RE-EMERGE WITH FRESH TENDERS
Reuters world's largest international multimedia news agency reported that,Indian coal end-users have re-emerged after a few weeks with several fre ...
Friday, 21 August 09
HUANENG YIMIN TO HIKE COAL OUTPUT
China Daily, the largest English portal in China reported that, China's first large coal-electricity joint project, Huaneng Yimin Coal Electricity ...
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- Essar Steel Hazira Ltd - India
- Goldman Sachs - Singapore
- Cement Manufacturers Association - India
- Altura Mining Limited, Indonesia
- Baramulti Group, Indonesia
- Chettinad Cement Corporation Ltd - India
- Oldendorff Carriers - Singapore
- OPG Power Generation Pvt Ltd - India
- Latin American Coal - Colombia
- Medco Energi Mining Internasional
- Ministry of Transport, Egypt
- India Bulls Power Limited - India
- Simpson Spence & Young - Indonesia
- Standard Chartered Bank - UAE
- Siam City Cement PLC, Thailand
- Kaltim Prima Coal - Indonesia
- Mintek Dendrill Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- New Zealand Coal & Carbon
- Bulk Trading Sa - Switzerland
- Orica Australia Pty. Ltd.
- Orica Mining Services - Indonesia
- Riau Bara Harum - Indonesia
- McConnell Dowell - Australia
- PTC India Limited - India
- Mjunction Services Limited - India
- Price Waterhouse Coopers - Russia
- Georgia Ports Authority, United States
- Iligan Light & Power Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Heidelberg Cement - Germany
- Kapuas Tunggal Persada - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Intertek Mineral Services - Indonesia
- Tamil Nadu electricity Board
- Anglo American - United Kingdom
- Miang Besar Coal Terminal - Indonesia
- SMC Global Power, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Sinarmas Energy and Mining - Indonesia
- Carbofer General Trading SA - India
- Gujarat Electricity Regulatory Commission - India
- GVK Power & Infra Limited - India
- Africa Commodities Group - South Africa
- Merrill Lynch Commodities Europe
- Central Java Power - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- London Commodity Brokers - England
- LBH Netherlands Bv - Netherlands
- Tata Chemicals Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Global Coal Blending Company Limited - Australia
- Posco Energy - South Korea
- Australian Commodity Traders Exchange
- CIMB Investment Bank - Malaysia
- Bhatia International Limited - India
- Australian Coal Association
- IEA Clean Coal Centre - UK
- Larsen & Toubro Limited - India
- CNBM International Corporation - China
- Sarangani Energy Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- MS Steel International - UAE
- The University of Queensland
- Commonwealth Bank - Australia
- Billiton Holdings Pty Ltd - Australia
- Pendopo Energi Batubara - Indonesia
- Edison Trading Spa - Italy
- Salva Resources Pvt Ltd - India
- Energy Development Corp, Philippines
- Holcim Trading Pte Ltd - Singapore
- Romanian Commodities Exchange
- Energy Link Ltd, New Zealand
- Indika Energy - Indonesia
- Mercator Lines Limited - India
- Therma Luzon, Inc, Philippines
- Ambuja Cements Ltd - India
- Kobexindo Tractors - Indoneisa
- ICICI Bank Limited - India
- IHS Mccloskey Coal Group - USA
- Semirara Mining Corp, Philippines
- Leighton Contractors Pty Ltd - Australia
- The Treasury - Australian Government
- Metalloyd Limited - United Kingdom
- Wilmar Investment Holdings
- Rashtriya Ispat Nigam Limited - India
- Kartika Selabumi Mining - Indonesia
- Rio Tinto Coal - Australia
- Kalimantan Lumbung Energi - Indonesia
- Ministry of Mines - Canada
- Meralco Power Generation, Philippines
- Makarim & Taira - Indonesia
- Global Green Power PLC Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Coastal Gujarat Power Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Straits Asia Resources Limited - Singapore
- Sakthi Sugars Limited - India
- Kumho Petrochemical, South Korea
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Thai Mozambique Logistica
- Bahari Cakrawala Sebuku - Indonesia
- Eastern Coal Council - USA
- Globalindo Alam Lestari - Indonesia
- PowerSource Philippines DevCo
- Maheswari Brothers Coal Limited - India
- Ministry of Finance - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- South Luzon Thermal Energy Corporation
- Planning Commission, India
- Bhoruka Overseas - Indonesia
- Madhucon Powers Ltd - India
- Siam City Cement - Thailand
- Grasim Industreis Ltd - India
- Sojitz Corporation - Japan
- The State Trading Corporation of India Ltd
- SMG Consultants - Indonesia
- Bangladesh Power Developement Board
- Eastern Energy - Thailand
- Samtan Co., Ltd - South Korea
- Neyveli Lignite Corporation Ltd, - India
- Timah Investasi Mineral - Indoneisa
- SN Aboitiz Power Inc, Philippines
- Minerals Council of Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Indian Energy Exchange, India
- Alfred C Toepfer International GmbH - Germany
- Vijayanagar Sugar Pvt Ltd - India
- Power Finance Corporation Ltd., India
- TeaM Sual Corporation - Philippines
- Electricity Generating Authority of Thailand
- Banpu Public Company Limited - Thailand
- Attock Cement Pakistan Limited
- Vizag Seaport Private Limited - India
- Manunggal Multi Energi - Indonesia
- Coal and Oil Company - UAE
- Mercuria Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- International Coal Ventures Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Jindal Steel & Power Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Parry Sugars Refinery, India
- Parliament of New Zealand
- Karaikal Port Pvt Ltd - India
- Deloitte Consulting - India
- Petron Corporation, Philippines
- Malabar Cements Ltd - India
- Independent Power Producers Association of India
- GN Power Mariveles Coal Plant, Philippines
- Directorate Of Revenue Intelligence - India
- Gujarat Mineral Development Corp Ltd - India
- Formosa Plastics Group - Taiwan
- Barasentosa Lestari - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Vedanta Resources Plc - India
- Star Paper Mills Limited - India
- Aboitiz Power Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- Central Electricity Authority - India
- Lanco Infratech Ltd - India
- Renaissance Capital - South Africa
- Chamber of Mines of South Africa
- White Energy Company Limited
- PNOC Exploration Corporation - Philippines
- Aditya Birla Group - India
- Videocon Industries ltd - India
- GAC Shipping (India) Pvt Ltd
- VISA Power Limited - India
- Xindia Steels Limited - India
- Binh Thuan Hamico - Vietnam
- Offshore Bulk Terminal Pte Ltd, Singapore
- Savvy Resources Ltd - HongKong
- Agrawal Coal Company - India
- Bhushan Steel Limited - India
- Bukit Baiduri Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Wood Mackenzie - Singapore
- Indian Oil Corporation Limited
- Meenaskhi Energy Private Limited - India
- San Jose City I Power Corp, Philippines
- Thiess Contractors Indonesia
- Interocean Group of Companies - India
- Ind-Barath Power Infra Limited - India
- Marubeni Corporation - India
- Global Business Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Coalindo Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Economic Council, Georgia
- Kepco SPC Power Corporation, Philippines
- Indogreen Group - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Port Waratah Coal Services - Australia
- Bukit Makmur.PT - Indonesia
- Antam Resourcindo - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Kideco Jaya Agung - Indonesia
- Jaiprakash Power Ventures ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Electricity Authority, New Zealand
- GMR Energy Limited - India
- Sical Logistics Limited - India
- Toyota Tsusho Corporation, Japan
- Indonesian Coal Mining Association
- Singapore Mercantile Exchange
- Gujarat Sidhee Cement - India
- Uttam Galva Steels Limited - India
- Borneo Indobara - Indonesia
- Sindya Power Generating Company Private Ltd
- Trasteel International SA, Italy
- Bharathi Cement Corporation - India
- Jorong Barutama Greston.PT - Indonesia
- Dalmia Cement Bharat India
- ASAPP Information Group - India
- European Bulk Services B.V. - Netherlands
- Bukit Asam (Persero) Tbk - Indonesia
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