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Sunday, 13 September 09
COAL INDIA MAY ACQUIRE ASSETS OF RIO TINTO
Coal India’s plan to acquire overseas mining assets is gathering steam. After a breakthrough in Mozambique, the coal behemoth has received offers to buy properties of mining giants Rio Tinto and Hancock in Australia.
Sources close to the development said Rio Tinto and Hancock are considering selling stakes in some thermal coal assets to Coal India. Hancock and Rio are understood to be among a number of Australian miners that have submitted expressions of interest to sell stakes in mines and projects to CIL.
CIL officials refused to divulge details citing confidentiality issues. “We have had a good response from Australia — better than what we had expected,” an official said. Incidentally, CIL has been made a total of 54 offers for acquiring mining assets in Australia, United States, Indonesia and South Africa.
“A team led by coal minister Shriprakash Jaiswal and CIL chairman & MD Partha S Bhattacharyya, along with Coal Videsh officials, was in Australia last week to look for mining assets,” sources said. CIL is setting up an expert committee to evaluate offers for overseas assets, they added.
“There will be a seven-member committee comprising Coal Videsh and other officials. It will be formed in the next 2-3 days. It will submit the report by March. It is not very easy to identify 7-8 mines from 54 offers,” sources said.
Source: Times of India
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Friday, 26 August 11
INTRACO EYES US$200 MIO COAL TAKEOVER - INSIDER STORIES
Heavy equipment distributor PT Intraco Penta Tbk, that was founded by Halex Halim, is scouting a coal acquisition with the valuation above US$200 mi ...
Thursday, 25 August 11
OPG EXPECTS COAL PRICES TO REMAIN FIRM IN THE SHORT TERM
COALspot.com - Revenue of OPG, the developer and operator of Group Captive power plants in India up 188% to £33.15m and Income from continuing ...
Thursday, 25 August 11
PAITON POWER LOOKING FOR 3.96 MILLION TONS OF COAL
COALspot.com - PT Pembangkit Jawa Bali (PJB) is looking for 3.96 million tons coal with calorific value 4,800 kcal/kg on as received basis. Accordin ...
Tuesday, 23 August 11
ICMA CALLS GOVERNMENT TO REVIEW EXPORT BAN REGULATION
COALspot.com - Chairman of the Indonesian Coal Mining Association (ICMA) Bob Kamandanu asks the government to review the regulation that being draft ...
Tuesday, 23 August 11
ADARO ENERGY ACQUIRES 75% STAKE OF PT MUSTIKA INDAH PERMAI FOR US$ 222.5 MILLION
COALspot.com - PT Alam Tri Abadi, a wholly owned subsidiary of PT Adaro Energy Tbk, signed a share purchase agreement to acquire a 75% stake of PT M ...
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- Power Finance Corporation Ltd., India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sical Logistics Limited - India
- Xindia Steels Limited - India
- Indogreen Group - Indonesia
- Ministry of Transport, Egypt
- Independent Power Producers Association of India
- Iligan Light & Power Inc, Philippines
- Merrill Lynch Commodities Europe
- Central Electricity Authority - India
- CNBM International Corporation - China
- Sree Jayajothi Cements Limited - India
- Dalmia Cement Bharat India
- Bayan Resources Tbk. - Indonesia
- Lanco Infratech Ltd - India
- Bhushan Steel Limited - India
- Indian Energy Exchange, India
- Holcim Trading Pte Ltd - Singapore
- Ministry of Mines - Canada
- Petrochimia International Co. Ltd.- Taiwan
- Mintek Dendrill Indonesia
- Edison Trading Spa - Italy
- Wilmar Investment Holdings
- Ceylon Electricity Board - Sri Lanka
- Salva Resources Pvt Ltd - India
- Cement Manufacturers Association - India
- Renaissance Capital - South Africa
- Borneo Indobara - Indonesia
- Port Waratah Coal Services - Australia
- Bhatia International Limited - India
- Billiton Holdings Pty Ltd - Australia
- GN Power Mariveles Coal Plant, Philippines
- Trasteel International SA, Italy
- Jindal Steel & Power Ltd - India
- The Treasury - Australian Government
- Petron Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Madhucon Powers Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Kepco SPC Power Corporation, Philippines
- ASAPP Information Group - India
- Bukit Baiduri Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Metalloyd Limited - United Kingdom
- ICICI Bank Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Rio Tinto Coal - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Directorate Of Revenue Intelligence - India
- Kumho Petrochemical, South Korea
- GAC Shipping (India) Pvt Ltd
- Banpu Public Company Limited - Thailand
- Romanian Commodities Exchange
- Global Business Power Corporation, Philippines
- McConnell Dowell - Australia
- Savvy Resources Ltd - HongKong
- The State Trading Corporation of India Ltd
- VISA Power Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SN Aboitiz Power Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Straits Asia Resources Limited - Singapore
- Kobexindo Tractors - Indoneisa
- Wood Mackenzie - Singapore
- Gujarat Electricity Regulatory Commission - India
- Price Waterhouse Coopers - Russia
- Indonesian Coal Mining Association
- International Coal Ventures Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Rashtriya Ispat Nigam Limited - India
- Orica Australia Pty. Ltd.
- Singapore Mercantile Exchange
- Riau Bara Harum - Indonesia
- Essar Steel Hazira Ltd - India
- Planning Commission, India
- Samtan Co., Ltd - South Korea
- New Zealand Coal & Carbon
- Timah Investasi Mineral - Indoneisa
- South Luzon Thermal Energy Corporation
- Oldendorff Carriers - Singapore
- Sakthi Sugars Limited - India
- Karaikal Port Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Electricity Generating Authority of Thailand
- Bangladesh Power Developement Board
- Tamil Nadu electricity Board
- Ambuja Cements Ltd - India
- Carbofer General Trading SA - India
- Parliament of New Zealand
- Energy Development Corp, Philippines
- Bulk Trading Sa - Switzerland
- Marubeni Corporation - India
- Indika Energy - Indonesia
- Central Java Power - Indonesia
- Thiess Contractors Indonesia
- Interocean Group of Companies - India
- Binh Thuan Hamico - Vietnam
- Maheswari Brothers Coal Limited - India
- Bharathi Cement Corporation - India
- European Bulk Services B.V. - Netherlands
- TNB Fuel Sdn Bhd - Malaysia
- Leighton Contractors Pty Ltd - Australia
- Malabar Cements Ltd - India
- Sojitz Corporation - Japan
- Coal and Oil Company - UAE
- Goldman Sachs - Singapore
- Alfred C Toepfer International GmbH - Germany
- Australian Commodity Traders Exchange
- Baramulti Group, Indonesia
- Vizag Seaport Private Limited - India
- Global Green Power PLC Corporation, Philippines
- Siam City Cement PLC, Thailand
- Antam Resourcindo - Indonesia
- Bhoruka Overseas - Indonesia
- Kaltim Prima Coal - Indonesia
- White Energy Company Limited
- Jaiprakash Power Ventures ltd
- Thai Mozambique Logistica
- Africa Commodities Group - South Africa
- Asmin Koalindo Tuhup - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Makarim & Taira - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Coastal Gujarat Power Limited - India
- Kideco Jaya Agung - Indonesia
- Gujarat Sidhee Cement - India
- Indian Oil Corporation Limited
- Mjunction Services Limited - India
- TeaM Sual Corporation - Philippines
- The University of Queensland
- Sarangani Energy Corporation, Philippines
- Latin American Coal - Colombia
- Indo Tambangraya Megah - Indonesia
- Chettinad Cement Corporation Ltd - India
- Minerals Council of Australia
- Semirara Mining and Power Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- MS Steel International - UAE
- Larsen & Toubro Limited - India
- Altura Mining Limited, Indonesia
- Georgia Ports Authority, United States
- Commonwealth Bank - Australia
- Aditya Birla Group - India
- London Commodity Brokers - England
- Manunggal Multi Energi - Indonesia
- Therma Luzon, Inc, Philippines
- GMR Energy Limited - India
- Grasim Industreis Ltd - India
- OPG Power Generation Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Chamber of Mines of South Africa
- Siam City Cement - Thailand
- Sinarmas Energy and Mining - Indonesia
- Medco Energi Mining Internasional
- Miang Besar Coal Terminal - Indonesia
- Anglo American - United Kingdom
- Offshore Bulk Terminal Pte Ltd, Singapore
- Parry Sugars Refinery, India
- Semirara Mining Corp, Philippines
- Deloitte Consulting - India
- Ind-Barath Power Infra Limited - India
- Vedanta Resources Plc - India
- San Jose City I Power Corp, Philippines
- AsiaOL BioFuels Corp., Philippines
- Intertek Mineral Services - Indonesia
- Orica Mining Services - Indonesia
- Posco Energy - South Korea
- Globalindo Alam Lestari - Indonesia
- Mercator Lines Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Agrawal Coal Company - India
- Sindya Power Generating Company Private Ltd
- SMG Consultants - Indonesia
- Attock Cement Pakistan Limited
- PNOC Exploration Corporation - Philippines
- Eastern Coal Council - USA
- Toyota Tsusho Corporation, Japan
- PowerSource Philippines DevCo
- Pipit Mutiara Jaya. PT, Indonesia
- Economic Council, Georgia
- Meralco Power Generation, Philippines
- Australian Coal Association
- Bukit Makmur.PT - Indonesia
- LBH Netherlands Bv - Netherlands
- Standard Chartered Bank - UAE
- Bukit Asam (Persero) Tbk - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Energy Link Ltd, New Zealand
- Heidelberg Cement - Germany
- Mercuria Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- GVK Power & Infra Limited - India
- Pendopo Energi Batubara - Indonesia
- Meenaskhi Energy Private Limited - India
- SMC Global Power, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Formosa Plastics Group - Taiwan
- Ministry of Finance - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Videocon Industries ltd - India
- India Bulls Power Limited - India
- Tata Chemicals Ltd - India
- PTC India Limited - India
- CIMB Investment Bank - Malaysia
- Eastern Energy - Thailand
- Kartika Selabumi Mining - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- IEA Clean Coal Centre - UK
- Maharashtra Electricity Regulatory Commission - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Star Paper Mills Limited - India
- Uttam Galva Steels Limited - India
- Kapuas Tunggal Persada - Indonesia
- Coalindo Energy - Indonesia
- Electricity Authority, New Zealand
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