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Sunday, 04 October 09
GOVT THREATENS TO CANCEL COAL BLOCK ALLOTTED TO BINANI CEMENT
 Economic Times reported that, The government has threatened to cancel a coal block allocated for captive use to Binani Cement saying the company seems to be a non-serious player.
"Your company has not only violated the government orders but also seems to be not interested to develop the block as per the milestone chart and terms and conditions of the allocation... The progress is not satisfactory and your company seems to be a non-serious player," the coal ministry said in a showcause notice issued to the company.
Binani Cement said it has already sought time from the government for assessing the viability and feasibility of the block as the decision to acquire the block rests on the report indicating the quality of coal.
The coal ministry served notice on September 29 to the company and sought its reply within 15 days, seeking reasons for the delay in developing the mines allotted for captive use, failing which the process to de-allocate the block would start.
The company has also failed to submit a bank guarantee amount of Rs 5.86 crore to the ministry in the stipulated time frame, it said.
Also, it added that the company has not even applied for any mining related licence with the state government till now.
Earlier, the government had issued notices to ArcelorMittal and MMTC warning cancellation of blocks alloted to them for failing to develop the mines.
Source: Economic Times
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Thursday, 15 October 09
SOUTH AFRICAN MINING COMPANY ACCEPTED $92 MILLION BID FOR COAL MINE STAKE IN SIYANDA COAL
Paguntaka reported that, Sentula Mining Ltd. gained in Johannesburg trading after the South African company accepted a 686 million-rand ($92 million ...
Thursday, 15 October 09
GOVT TO CAP COAL EXPORTS AT 150 MILLION TONS A YEAR
The Jakarta Post reported that, The government plans to cap coal exports at around 150 million tons a year in a bid to guarantee supply for domestic ...
Thursday, 15 October 09
AUSTRALIAN MINING COMPANIES REPORTED FINDING 1.5 BILLION COAL MINE DEPOSIT IN MOZAMBIQUE
Paguntaka reported that, Mozambique is a country that has the potential mining areas are very rich. Many mining companies who want to invest in the ...
Wednesday, 14 October 09
INDONESIA POWER FIRM SIGNS LOAN AGREEMENTS FOR OVER $1 BLN
Reuters reported that, Indonesia's state electricity firm PT Perusahaan Listrik Negara (PLN) has raised more than $1 billion from a group of banks ...
Wednesday, 14 October 09
LARSEN & TOUBRO MAY ENTER POWER GENERATION BUSINESS IN INDIA
Bloomberg reported that, Larsen & Toubro Ltd., India’s biggest engineering company, said it is considering entering the power generation b ...
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- Simpson Spence & Young - Indonesia
- IHS Mccloskey Coal Group - USA
- Gujarat Sidhee Cement - India
- Bahari Cakrawala Sebuku - Indonesia
- Maheswari Brothers Coal Limited - India
- The Treasury - Australian Government
- Sree Jayajothi Cements Limited - India
- Timah Investasi Mineral - Indoneisa
- LBH Netherlands Bv - Netherlands
- Indian Energy Exchange, India
- Coal and Oil Company - UAE
- Vizag Seaport Private Limited - India
- Marubeni Corporation - India
- Energy Link Ltd, New Zealand
- Manunggal Multi Energi - Indonesia
- Edison Trading Spa - Italy
- Bukit Asam (Persero) Tbk - Indonesia
- Kobexindo Tractors - Indoneisa
- Aboitiz Power Corporation - Philippines
- Kalimantan Lumbung Energi - Indonesia
- Baramulti Group, Indonesia
- McConnell Dowell - Australia
- India Bulls Power Limited - India
- Eastern Coal Council - USA
- Indian Oil Corporation Limited
- Central Java Power - Indonesia
- Makarim & Taira - Indonesia
- South Luzon Thermal Energy Corporation
- Ministry of Mines - Canada
- Georgia Ports Authority, United States
- Lanco Infratech Ltd - India
- White Energy Company Limited
- CNBM International Corporation - China
- Alfred C Toepfer International GmbH - Germany
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Videocon Industries ltd - India
- Intertek Mineral Services - Indonesia
- GMR Energy Limited - India
- Thiess Contractors Indonesia
- Karaikal Port Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Mjunction Services Limited - India
- Krishnapatnam Port Company Ltd. - India
- Ind-Barath Power Infra Limited - India
- Central Electricity Authority - India
- Tamil Nadu electricity Board
- Chamber of Mines of South Africa
- Sinarmas Energy and Mining - Indonesia
- Bhoruka Overseas - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- New Zealand Coal & Carbon
- Miang Besar Coal Terminal - Indonesia
- Ministry of Finance - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Dalmia Cement Bharat India
- Kideco Jaya Agung - Indonesia
- Indika Energy - Indonesia
- PTC India Limited - India
- Siam City Cement - Thailand
- Indogreen Group - Indonesia
- Aditya Birla Group - India
- Chettinad Cement Corporation Ltd - India
- Pendopo Energi Batubara - Indonesia
- Salva Resources Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Riau Bara Harum - Indonesia
- Ministry of Transport, Egypt
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- The State Trading Corporation of India Ltd
- Iligan Light & Power Inc, Philippines
- Goldman Sachs - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Sojitz Corporation - Japan
- Anglo American - United Kingdom
- OPG Power Generation Pvt Ltd - India
- Oldendorff Carriers - Singapore
- ASAPP Information Group - India
- Carbofer General Trading SA - India
- Energy Development Corp, Philippines
- GVK Power & Infra Limited - India
- Mercuria Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- SMC Global Power, Philippines
- Global Business Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Bayan Resources Tbk. - Indonesia
- Formosa Plastics Group - Taiwan
- Savvy Resources Ltd - HongKong
- Indo Tambangraya Megah - Indonesia
- Thai Mozambique Logistica
- International Coal Ventures Pvt Ltd - India
- Bangladesh Power Developement Board
- Straits Asia Resources Limited - Singapore
- Electricity Generating Authority of Thailand
- Sakthi Sugars Limited - India
- Toyota Tsusho Corporation, Japan
- Binh Thuan Hamico - Vietnam
- Latin American Coal - Colombia
- Agrawal Coal Company - India
- Merrill Lynch Commodities Europe
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Minerals Council of Australia
- CIMB Investment Bank - Malaysia
- Jaiprakash Power Ventures ltd
- Attock Cement Pakistan Limited
- Electricity Authority, New Zealand
- Semirara Mining and Power Corporation, Philippines
- Petron Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Trasteel International SA, Italy
- Rio Tinto Coal - Australia
- Grasim Industreis Ltd - India
- Mintek Dendrill Indonesia
- Bhatia International Limited - India
- Metalloyd Limited - United Kingdom
- Xindia Steels Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Parry Sugars Refinery, India
- Price Waterhouse Coopers - Russia
- Meenaskhi Energy Private Limited - India
- PNOC Exploration Corporation - Philippines
- Madhucon Powers Ltd - India
- MS Steel International - UAE
- Bukit Baiduri Energy - Indonesia
- PowerSource Philippines DevCo
- Medco Energi Mining Internasional
- Bhushan Steel Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Bulk Trading Sa - Switzerland
- PetroVietnam Power Coal Import and Supply Company
- Asmin Koalindo Tuhup - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Billiton Holdings Pty Ltd - Australia
- Neyveli Lignite Corporation Ltd, - India
- Rashtriya Ispat Nigam Limited - India
- Malabar Cements Ltd - India
- Barasentosa Lestari - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Indonesian Coal Mining Association
- GAC Shipping (India) Pvt Ltd
- SMG Consultants - Indonesia
- ICICI Bank Limited - India
- Renaissance Capital - South Africa
- San Jose City I Power Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Global Green Power PLC Corporation, Philippines
- Power Finance Corporation Ltd., India
- Eastern Energy - Thailand
- Parliament of New Zealand
- Deloitte Consulting - India
- Borneo Indobara - Indonesia
- Australian Commodity Traders Exchange
- Therma Luzon, Inc, Philippines
- Orica Australia Pty. Ltd.
- VISA Power Limited - India
- Kapuas Tunggal Persada - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Kartika Selabumi Mining - Indonesia
- Star Paper Mills Limited - India
- Vedanta Resources Plc - India
- Independent Power Producers Association of India
- IEA Clean Coal Centre - UK
- Standard Chartered Bank - UAE
- Sical Logistics Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Wilmar Investment Holdings
- The University of Queensland
- Bukit Makmur.PT - Indonesia
- Economic Council, Georgia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Heidelberg Cement - Germany
- Orica Mining Services - Indonesia
- Kaltim Prima Coal - Indonesia
- Essar Steel Hazira Ltd - India
- TeaM Sual Corporation - Philippines
- SN Aboitiz Power Inc, Philippines
- Mercator Lines Limited - India
- Commonwealth Bank - Australia
- Bharathi Cement Corporation - India
- Sindya Power Generating Company Private Ltd
- Uttam Galva Steels Limited - India
- European Bulk Services B.V. - Netherlands
- Ambuja Cements Ltd - India
- Singapore Mercantile Exchange
- Port Waratah Coal Services - Australia
- Posco Energy - South Korea
- Australian Coal Association
- Coastal Gujarat Power Limited - India
- Romanian Commodities Exchange
- Antam Resourcindo - Indonesia
- Africa Commodities Group - South Africa
- Karbindo Abesyapradhi - Indoneisa
- Cigading International Bulk Terminal - Indonesia
- Siam City Cement PLC, Thailand
- Samtan Co., Ltd - South Korea
- Kumho Petrochemical, South Korea
- Larsen & Toubro Limited - India
- Sarangani Energy Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Wood Mackenzie - Singapore
- Cement Manufacturers Association - India
- Jindal Steel & Power Ltd - India
- Planning Commission, India
- Banpu Public Company Limited - Thailand
- Tata Chemicals Ltd - India
- Directorate Of Revenue Intelligence - India
- Gujarat Electricity Regulatory Commission - India
- Altura Mining Limited, Indonesia
- Coalindo Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- London Commodity Brokers - England
- Global Coal Blending Company Limited - Australia
- Semirara Mining Corp, Philippines
- Meralco Power Generation, Philippines
- Interocean Group of Companies - India
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