We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Tuesday, 06 October 09
COAL INDIA AIMS TO BUY MINE ABROAD BY MARCH
 *Coal India to issue its first coal import tender by Nov
*ArcelorMittal, 9 others in race to develop abandoned mines
*52 firms keen to partner coal India for global coal mine buy
Reuters reported that, State-owned Coal India Ltd aims to conclude a deal to buy an overseas mine by March and plans to float its first-ever coal import tender in November to meet surging demand from power sector, company officials said on Monday.
While India has the world's fourth-largest coal reserves, its coal imports have grown rapidly as Asia's third-largest power producer seeks to add power capacities to end blackouts.
Coal India aims to debut as a coal importer in November by issuing a tender for 4 million tonnes, with shipments to arrive from January, technical director N.C. Jha told reporters at an industry conference. Jha said the firm aimed to increase coal output by nearly 8 percent to 435 million tonnes in 2009/10 (April-March).
He said India was likely to import a total of 60 million tonnes of coal in 2009/10, up from 57 million tonnes last year.
India's biggest coal miner has plans to partner with global players to buy stakes in overseas coal mines.
Chairman Partha Bhattacharyya hopes to conclude an overseas acquisition deal this fiscal ending March. "Something will happen this (fiscal) year," he said without elaborating further.
Coal India has appointed 10 bankers to advise it on overseas buy-outs, with Royal Bank of Canada conducting due diligence for an Australian coal property, he said.
In July, Coal India had sought bids from global players to form strategic partnership for jointly acquiring coal assets in Australia, U.S., South Africa and Indonesia.
Coal India was looking at 45 out of 52 responses, he said, adding the firm's agenda was to bring back coal to India at a price that better than import prices.
Bhattacharyya said 10 firms, including steel major ArcelorMittal (ISPA.AS), were keen to develop its 18 abandoned coal mines in eastern India, which have reserves of 1.6 billion tonnes.
"We hope to sign a contract for one or two of these blocks this (fiscal) year so that production can come from 2013/14," he added.
The share of coal-fired plants in India's total installed power generation capacity will rise to 57 percent by March 2012 from the current 53.3 percent, a PricewaterhouseCoopers report said on Monday.
Source: Reuters
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Monday, 05 October 09
SOUTH AFRICAN COAL RISES ON INDIAN BUYING, DOMESTIC DEMAND
Bloomberg reported that, Prices for coal shipped from South Africa’s Richards Bay, site of the world’s largest export terminal for the f ...
Monday, 05 October 09
BANPU EYES INCREASE IN COAL OUTPUT
The Nation reported that, Banpu plans to boost its coal output to 23 million tonnes next year once production begins at the East Block of its Indomi ...
Monday, 05 October 09
COAL TRADING C&O TO INVEST $100 M NEXT YEAR
The Jakarta Post reported that, Coal and Oil (C&0) Group of India plans to invest up to US$100 million in Indonesia next year to acquire coal mi ...
Sunday, 04 October 09
INDONESIAN COAL EXCHANGE FOR PRICE BENCHMARKING IN OFFING
Reuters cited Mr Bob Kamandanu chairman of the Indonesian Coal Producers Association as saying that Indonesia plans to set up a coal exchange to cre ...
Sunday, 04 October 09
GRASIM TO CONSOLIDATE CEMENT BIZ
The Statesman reported that, India's largest cement producer Aditya Birla group today said it would consolidate its cement businesses by merging Gr ...
|
|
|
Showing 6376 to 6380 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Singapore Mercantile Exchange
- Standard Chartered Bank - UAE
- Jindal Steel & Power Ltd - India
- Anglo American - United Kingdom
- Georgia Ports Authority, United States
- Siam City Cement PLC, Thailand
- Alfred C Toepfer International GmbH - Germany
- IEA Clean Coal Centre - UK
- Rio Tinto Coal - Australia
- Economic Council, Georgia
- Port Waratah Coal Services - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- White Energy Company Limited
- Bukit Baiduri Energy - Indonesia
- Central Java Power - Indonesia
- Kideco Jaya Agung - Indonesia
- Makarim & Taira - Indonesia
- Therma Luzon, Inc, Philippines
- Sical Logistics Limited - India
- Krishnapatnam Port Company Ltd. - India
- Iligan Light & Power Inc, Philippines
- Madhucon Powers Ltd - India
- Coastal Gujarat Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Chettinad Cement Corporation Ltd - India
- Intertek Mineral Services - Indonesia
- MS Steel International - UAE
- Mjunction Services Limited - India
- Kapuas Tunggal Persada - Indonesia
- McConnell Dowell - Australia
- London Commodity Brokers - England
- GAC Shipping (India) Pvt Ltd
- GMR Energy Limited - India
- Global Business Power Corporation, Philippines
- PowerSource Philippines DevCo
- Sree Jayajothi Cements Limited - India
- Siam City Cement - Thailand
- Straits Asia Resources Limited - Singapore
- Barasentosa Lestari - Indonesia
- VISA Power Limited - India
- Sarangani Energy Corporation, Philippines
- Electricity Generating Authority of Thailand
- Globalindo Alam Lestari - Indonesia
- Interocean Group of Companies - India
- New Zealand Coal & Carbon
- GN Power Mariveles Coal Plant, Philippines
- Star Paper Mills Limited - India
- Binh Thuan Hamico - Vietnam
- Planning Commission, India
- Miang Besar Coal Terminal - Indonesia
- Aboitiz Power Corporation - Philippines
- Indonesian Coal Mining Association
- OPG Power Generation Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Malabar Cements Ltd - India
- Bulk Trading Sa - Switzerland
- Indian Oil Corporation Limited
- GVK Power & Infra Limited - India
- Minerals Council of Australia
- Medco Energi Mining Internasional
- Renaissance Capital - South Africa
- Carbofer General Trading SA - India
- Xindia Steels Limited - India
- Commonwealth Bank - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Global Green Power PLC Corporation, Philippines
- ASAPP Information Group - India
- Maheswari Brothers Coal Limited - India
- Kohat Cement Company Ltd. - Pakistan
- The University of Queensland
- Grasim Industreis Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Asmin Koalindo Tuhup - Indonesia
- Thai Mozambique Logistica
- Indogreen Group - Indonesia
- Uttam Galva Steels Limited - India
- Bukit Makmur.PT - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Orica Australia Pty. Ltd.
- AsiaOL BioFuels Corp., Philippines
- Karaikal Port Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Meenaskhi Energy Private Limited - India
- TeaM Sual Corporation - Philippines
- Samtan Co., Ltd - South Korea
- European Bulk Services B.V. - Netherlands
- Wood Mackenzie - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sakthi Sugars Limited - India
- Australian Coal Association
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Global Coal Blending Company Limited - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Dalmia Cement Bharat India
- Marubeni Corporation - India
- Directorate Of Revenue Intelligence - India
- Petron Corporation, Philippines
- Bhushan Steel Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Antam Resourcindo - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Power Finance Corporation Ltd., India
- Ceylon Electricity Board - Sri Lanka
- Bayan Resources Tbk. - Indonesia
- Larsen & Toubro Limited - India
- Eastern Energy - Thailand
- Altura Mining Limited, Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- PTC India Limited - India
- Bharathi Cement Corporation - India
- Independent Power Producers Association of India
- Jorong Barutama Greston.PT - Indonesia
- Borneo Indobara - Indonesia
- Heidelberg Cement - Germany
- Ministry of Finance - Indonesia
- Mercuria Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- PetroVietnam Power Coal Import and Supply Company
- Vedanta Resources Plc - India
- Edison Trading Spa - Italy
- Ambuja Cements Ltd - India
- Ind-Barath Power Infra Limited - India
- Orica Mining Services - Indonesia
- Kobexindo Tractors - Indoneisa
- Goldman Sachs - Singapore
- Lanco Infratech Ltd - India
- ICICI Bank Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Cigading International Bulk Terminal - Indonesia
- San Jose City I Power Corp, Philippines
- Coal and Oil Company - UAE
- Aditya Birla Group - India
- Toyota Tsusho Corporation, Japan
- Bukit Asam (Persero) Tbk - Indonesia
- Oldendorff Carriers - Singapore
- Tata Chemicals Ltd - India
- Tamil Nadu electricity Board
- Ministry of Mines - Canada
- Semirara Mining Corp, Philippines
- Deloitte Consulting - India
- Cement Manufacturers Association - India
- Maharashtra Electricity Regulatory Commission - India
- Kumho Petrochemical, South Korea
- Vizag Seaport Private Limited - India
- Mercator Lines Limited - India
- IHS Mccloskey Coal Group - USA
- Meralco Power Generation, Philippines
- Mintek Dendrill Indonesia
- International Coal Ventures Pvt Ltd - India
- Eastern Coal Council - USA
- Bhatia International Limited - India
- Billiton Holdings Pty Ltd - Australia
- SMC Global Power, Philippines
- CNBM International Corporation - China
- Indian Energy Exchange, India
- Price Waterhouse Coopers - Russia
- Gujarat Electricity Regulatory Commission - India
- Thiess Contractors Indonesia
- Leighton Contractors Pty Ltd - Australia
- Kaltim Prima Coal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Pendopo Energi Batubara - Indonesia
- Ministry of Transport, Egypt
- CIMB Investment Bank - Malaysia
- Indo Tambangraya Megah - Indonesia
- Africa Commodities Group - South Africa
- Kepco SPC Power Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Videocon Industries ltd - India
- Riau Bara Harum - Indonesia
- Merrill Lynch Commodities Europe
- South Luzon Thermal Energy Corporation
- Latin American Coal - Colombia
- Posco Energy - South Korea
- Attock Cement Pakistan Limited
- PNOC Exploration Corporation - Philippines
- Simpson Spence & Young - Indonesia
- Central Electricity Authority - India
- Sinarmas Energy and Mining - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jaiprakash Power Ventures ltd
- Banpu Public Company Limited - Thailand
- Savvy Resources Ltd - HongKong
- The Treasury - Australian Government
- Gujarat Sidhee Cement - India
- LBH Netherlands Bv - Netherlands
- Essar Steel Hazira Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- SMG Consultants - Indonesia
- Formosa Plastics Group - Taiwan
- Kartika Selabumi Mining - Indonesia
- Romanian Commodities Exchange
- India Bulls Power Limited - India
- Energy Development Corp, Philippines
- Salva Resources Pvt Ltd - India
- Trasteel International SA, Italy
- Bhoruka Overseas - Indonesia
- Indika Energy - Indonesia
- Sojitz Corporation - Japan
- Baramulti Group, Indonesia
- Parliament of New Zealand
- Pipit Mutiara Jaya. PT, Indonesia
- Australian Commodity Traders Exchange
- Wilmar Investment Holdings
- Parry Sugars Refinery, India
- Electricity Authority, New Zealand
- Chamber of Mines of South Africa
- Sindya Power Generating Company Private Ltd
- Coalindo Energy - Indonesia
- Agrawal Coal Company - India
- Rashtriya Ispat Nigam Limited - India
- Bangladesh Power Developement Board
- Gujarat Mineral Development Corp Ltd - India
- The State Trading Corporation of India Ltd
|
| |
| |
|
