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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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Thursday, 26 November 09
CIL EYES OVERSEAS ACQUISITIONS TO BRIDGE SUPPLY GAP
Coal Minister Sriprakash Jaiswal on Wednesday said that state-run coal major Coal India is looking to acquire coal blocks in the US and
othe ...
Wednesday, 25 November 09
NAPOCOR SCRAPS AWARD OF 715,000 TONS COAL
Top Philippine electricity producer National Power Corp. (Napocor) said on Wednesday it had cancelled plans to award 715,000 tons in coal supply con ...
Wednesday, 25 November 09
RISING FREIGHT RATES HIT COAL IMPORTERS
While state-owned NTPC’s 12.5 million tonne coal import order may have been aimed at plugging the shortage of coal at its thermal power plants ...
Wednesday, 25 November 09
CSN TO BUY RIVERSDALE STAKE TO BOOST COAL SUPPLIES
Cia. Siderurgica Nacional SA plans to buy 16.3 percent of Australian coal-exploration company Riversdale Mining Ltd. for about A$190.5 million ($175 ...
Tuesday, 24 November 09
ICRA DOWNGRADES TNPL`S RATING TO LAA
Credit rating agency, ICRA has revised the long term rating for the Rs 11.25 billion long-term fund-based bank facilities and Rs 1.5 billion non-con ...
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- Trasteel International SA, Italy
- The University of Queensland
- Krishnapatnam Port Company Ltd. - India
- IHS Mccloskey Coal Group - USA
- Jaiprakash Power Ventures ltd
- Vijayanagar Sugar Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Kumho Petrochemical, South Korea
- Grasim Industreis Ltd - India
- Energy Link Ltd, New Zealand
- Kideco Jaya Agung - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Sarangani Energy Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Central Electricity Authority - India
- Goldman Sachs - Singapore
- Rio Tinto Coal - Australia
- Ceylon Electricity Board - Sri Lanka
- Bahari Cakrawala Sebuku - Indonesia
- Jindal Steel & Power Ltd - India
- Coastal Gujarat Power Limited - India
- PNOC Exploration Corporation - Philippines
- Bayan Resources Tbk. - Indonesia
- GAC Shipping (India) Pvt Ltd
- PTC India Limited - India
- Banpu Public Company Limited - Thailand
- ICICI Bank Limited - India
- Chettinad Cement Corporation Ltd - India
- Georgia Ports Authority, United States
- Indo Tambangraya Megah - Indonesia
- Anglo American - United Kingdom
- SMG Consultants - Indonesia
- Makarim & Taira - Indonesia
- Uttam Galva Steels Limited - India
- Alfred C Toepfer International GmbH - Germany
- MS Steel International - UAE
- GMR Energy Limited - India
- Lanco Infratech Ltd - India
- Savvy Resources Ltd - HongKong
- Parry Sugars Refinery, India
- Sakthi Sugars Limited - India
- Ambuja Cements Ltd - India
- Therma Luzon, Inc, Philippines
- Central Java Power - Indonesia
- Electricity Authority, New Zealand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Coalindo Energy - Indonesia
- Power Finance Corporation Ltd., India
- Ministry of Transport, Egypt
- The Treasury - Australian Government
- Manunggal Multi Energi - Indonesia
- GVK Power & Infra Limited - India
- TeaM Sual Corporation - Philippines
- Deloitte Consulting - India
- Toyota Tsusho Corporation, Japan
- Merrill Lynch Commodities Europe
- Planning Commission, India
- Sinarmas Energy and Mining - Indonesia
- Formosa Plastics Group - Taiwan
- OPG Power Generation Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Barasentosa Lestari - Indonesia
- Ind-Barath Power Infra Limited - India
- Parliament of New Zealand
- Eastern Energy - Thailand
- Latin American Coal - Colombia
- Bhoruka Overseas - Indonesia
- Ministry of Finance - Indonesia
- Orica Mining Services - Indonesia
- Eastern Coal Council - USA
- Thai Mozambique Logistica
- McConnell Dowell - Australia
- Indian Energy Exchange, India
- Madhucon Powers Ltd - India
- Maheswari Brothers Coal Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Attock Cement Pakistan Limited
- Rashtriya Ispat Nigam Limited - India
- Carbofer General Trading SA - India
- Meralco Power Generation, Philippines
- Port Waratah Coal Services - Australia
- India Bulls Power Limited - India
- Intertek Mineral Services - Indonesia
- Chamber of Mines of South Africa
- Independent Power Producers Association of India
- Neyveli Lignite Corporation Ltd, - India
- Marubeni Corporation - India
- Vedanta Resources Plc - India
- Petron Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Holcim Trading Pte Ltd - Singapore
- Renaissance Capital - South Africa
- Pipit Mutiara Jaya. PT, Indonesia
- Samtan Co., Ltd - South Korea
- Australian Commodity Traders Exchange
- Directorate General of MIneral and Coal - Indonesia
- Kaltim Prima Coal - Indonesia
- Tamil Nadu electricity Board
- Edison Trading Spa - Italy
- Miang Besar Coal Terminal - Indonesia
- Riau Bara Harum - Indonesia
- Xindia Steels Limited - India
- Sindya Power Generating Company Private Ltd
- Star Paper Mills Limited - India
- Standard Chartered Bank - UAE
- Bulk Trading Sa - Switzerland
- TNB Fuel Sdn Bhd - Malaysia
- Semirara Mining and Power Corporation, Philippines
- Wood Mackenzie - Singapore
- The State Trading Corporation of India Ltd
- Minerals Council of Australia
- Wilmar Investment Holdings
- Leighton Contractors Pty Ltd - Australia
- Globalindo Alam Lestari - Indonesia
- Electricity Generating Authority of Thailand
- London Commodity Brokers - England
- Karaikal Port Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Gujarat Electricity Regulatory Commission - India
- Kohat Cement Company Ltd. - Pakistan
- Agrawal Coal Company - India
- Malabar Cements Ltd - India
- Sree Jayajothi Cements Limited - India
- Essar Steel Hazira Ltd - India
- Gujarat Sidhee Cement - India
- Kepco SPC Power Corporation, Philippines
- Romanian Commodities Exchange
- White Energy Company Limited
- Semirara Mining Corp, Philippines
- Larsen & Toubro Limited - India
- Medco Energi Mining Internasional
- Videocon Industries ltd - India
- Dalmia Cement Bharat India
- Billiton Holdings Pty Ltd - Australia
- Aboitiz Power Corporation - Philippines
- Indika Energy - Indonesia
- Borneo Indobara - Indonesia
- Energy Development Corp, Philippines
- Siam City Cement PLC, Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Singapore Mercantile Exchange
- Price Waterhouse Coopers - Russia
- Cement Manufacturers Association - India
- Siam City Cement - Thailand
- Kartika Selabumi Mining - Indonesia
- IEA Clean Coal Centre - UK
- CNBM International Corporation - China
- LBH Netherlands Bv - Netherlands
- Bukit Baiduri Energy - Indonesia
- Vizag Seaport Private Limited - India
- Mintek Dendrill Indonesia
- SMC Global Power, Philippines
- Iligan Light & Power Inc, Philippines
- Orica Australia Pty. Ltd.
- Kobexindo Tractors - Indoneisa
- Economic Council, Georgia
- Maharashtra Electricity Regulatory Commission - India
- New Zealand Coal & Carbon
- International Coal Ventures Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Kalimantan Lumbung Energi - Indonesia
- Bharathi Cement Corporation - India
- Mercator Lines Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sical Logistics Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Australian Coal Association
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Cigading International Bulk Terminal - Indonesia
- Indonesian Coal Mining Association
- Pendopo Energi Batubara - Indonesia
- ASAPP Information Group - India
- PowerSource Philippines DevCo
- Heidelberg Cement - Germany
- Baramulti Group, Indonesia
- Timah Investasi Mineral - Indoneisa
- Interocean Group of Companies - India
- Bukit Makmur.PT - Indonesia
- European Bulk Services B.V. - Netherlands
- Directorate Of Revenue Intelligence - India
- Bhushan Steel Limited - India
- Oldendorff Carriers - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Commonwealth Bank - Australia
- Antam Resourcindo - Indonesia
- Thiess Contractors Indonesia
- Bangladesh Power Developement Board
- Karbindo Abesyapradhi - Indoneisa
- Metalloyd Limited - United Kingdom
- Meenaskhi Energy Private Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- SN Aboitiz Power Inc, Philippines
- Posco Energy - South Korea
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Mercuria Energy - Indonesia
- Tata Chemicals Ltd - India
- Bhatia International Limited - India
- Global Coal Blending Company Limited - Australia
- Africa Commodities Group - South Africa
- VISA Power Limited - India
- Coal and Oil Company - UAE
- Ministry of Mines - Canada
- Gujarat Mineral Development Corp Ltd - India
- San Jose City I Power Corp, Philippines
- Global Business Power Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Sojitz Corporation - Japan
- Kapuas Tunggal Persada - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Indian Oil Corporation Limited
- Indogreen Group - Indonesia
- Aditya Birla Group - India
- Mjunction Services Limited - India
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