We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Wednesday, 28 October 09
MIDDLE EAST COAL EYEING INDIAN POWER PLANTS IN EXCHANGE FOR LONG TERM COAL SUPPLY
Reuters reported that UAE's Middle East Coal is in talks to buy equity stakes in India's power plants in exchange for long term coal supply.
MEC is JV between UAE investment fund RAK Minerals & Metals Investments and UAE based mining company Trimex. RMMI won a license in March to build a 150 kilometers long rail link carrying coal from a mine in Indonesia's East Kalimantan province to a coal terminal.
Mr Madu Koneru VC of Middle East Coal said that "We are close to signing a contact with a number of Indian power plants who need to be supplied with coal over the coming 15 years, the deals will be finalized by the end of next month. India has one of the fastest growing economies and also has a shortage of power supply so that's why we have decided to go ahead with these deals."
The deals would help MEC find the USD 500 million in financing it needs for the project. MEC would start approaching institutions for funding once the deals were in place.
He said that RMMI plans to provide USD 100 million of the initial USD 600 million investment. Around USD 500 million will come from institutions such as the World Bank. The rest of the investment would come from additional partners that the company is now seeking.
Middle East Coal plans to start shipments of 3 to 5 million tonnes of thermal coal via road. Once the rail project is complete, shipments would rise to 17 million tonnes. MEC had raised its projections for how much coal it could ship as it had progressed with planning for the project. Earlier this year, the company said that it would ship 15 million tonnes of coal.
Sourced from Steel Guru
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Wednesday, 11 November 09
INDIAN COAL IMPORT FROM SA IN OCTOBER
Reuters reported that India imported 2.4 million tonnes of coal from South Africa's Richards Bay Coal Terminal in October 2009, 35% of the total of ...
Wednesday, 11 November 09
INDONESIA ASKS DOMESTIC COAL FIRMS TO SET ASIDE 30PCT OF OUTPUT
Indonesian government said that it had asked domestic coal producers to set aside 30% of their output next year to meet demand from new coal fired p ...
Wednesday, 11 November 09
MINING ACQUISITIONS BECOMING MORE STRATEGIC - E&Y
Mining Weekly reported that, Although miners around the world are looking to position themselves for growth, companies are being more selective when ...
Tuesday, 10 November 09
THAI COAL MINER BANPU Q3 NET UP, BEATS FORECAST
Reuters reported that, Thailand's top coal miner, Banpu, said on Tuesday its third-quarter net earnings rose a higher-than-expected 22 percent, hel ...
Monday, 09 November 09
NAPOCOR DEFERS 50,000 T COAL TENDER
Top Philippine electricity producer National Power Corp. (Napocor) has indefinitely postponed a tender for supply of 50,000 tons of steam coal sched ...
|
|
|
Showing 6261 to 6265 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- The University of Queensland
- European Bulk Services B.V. - Netherlands
- Offshore Bulk Terminal Pte Ltd, Singapore
- London Commodity Brokers - England
- Orica Mining Services - Indonesia
- Posco Energy - South Korea
- International Coal Ventures Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Merrill Lynch Commodities Europe
- Sarangani Energy Corporation, Philippines
- Semirara Mining Corp, Philippines
- Parry Sugars Refinery, India
- Bukit Asam (Persero) Tbk - Indonesia
- Tamil Nadu electricity Board
- Simpson Spence & Young - Indonesia
- Barasentosa Lestari - Indonesia
- Bhoruka Overseas - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- OPG Power Generation Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Semirara Mining and Power Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Banpu Public Company Limited - Thailand
- Thai Mozambique Logistica
- Baramulti Group, Indonesia
- Kumho Petrochemical, South Korea
- The State Trading Corporation of India Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- LBH Netherlands Bv - Netherlands
- IEA Clean Coal Centre - UK
- SN Aboitiz Power Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Aditya Birla Group - India
- Alfred C Toepfer International GmbH - Germany
- Marubeni Corporation - India
- South Luzon Thermal Energy Corporation
- Sindya Power Generating Company Private Ltd
- Aboitiz Power Corporation - Philippines
- Cement Manufacturers Association - India
- Central Electricity Authority - India
- Georgia Ports Authority, United States
- Energy Link Ltd, New Zealand
- Jaiprakash Power Ventures ltd
- Riau Bara Harum - Indonesia
- Sree Jayajothi Cements Limited - India
- Kobexindo Tractors - Indoneisa
- IHS Mccloskey Coal Group - USA
- Chamber of Mines of South Africa
- Sakthi Sugars Limited - India
- PNOC Exploration Corporation - Philippines
- Essar Steel Hazira Ltd - India
- Edison Trading Spa - Italy
- Xindia Steels Limited - India
- White Energy Company Limited
- Iligan Light & Power Inc, Philippines
- Tata Chemicals Ltd - India
- Intertek Mineral Services - Indonesia
- Romanian Commodities Exchange
- Kartika Selabumi Mining - Indonesia
- Coal and Oil Company - UAE
- GMR Energy Limited - India
- Indo Tambangraya Megah - Indonesia
- Mercator Lines Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Coastal Gujarat Power Limited - India
- Latin American Coal - Colombia
- Mjunction Services Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Binh Thuan Hamico - Vietnam
- Vijayanagar Sugar Pvt Ltd - India
- PowerSource Philippines DevCo
- Maharashtra Electricity Regulatory Commission - India
- Indogreen Group - Indonesia
- Maheswari Brothers Coal Limited - India
- The Treasury - Australian Government
- Standard Chartered Bank - UAE
- Petron Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Gujarat Sidhee Cement - India
- TNB Fuel Sdn Bhd - Malaysia
- GVK Power & Infra Limited - India
- Bangladesh Power Developement Board
- Kapuas Tunggal Persada - Indonesia
- Central Java Power - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Indonesian Coal Mining Association
- Globalindo Alam Lestari - Indonesia
- Ministry of Transport, Egypt
- Bukit Baiduri Energy - Indonesia
- Lanco Infratech Ltd - India
- Rio Tinto Coal - Australia
- PetroVietnam Power Coal Import and Supply Company
- Planning Commission, India
- Antam Resourcindo - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Renaissance Capital - South Africa
- Leighton Contractors Pty Ltd - Australia
- Meralco Power Generation, Philippines
- Manunggal Multi Energi - Indonesia
- Siam City Cement - Thailand
- Miang Besar Coal Terminal - Indonesia
- McConnell Dowell - Australia
- Chettinad Cement Corporation Ltd - India
- Indian Energy Exchange, India
- Sical Logistics Limited - India
- Energy Development Corp, Philippines
- GAC Shipping (India) Pvt Ltd
- Wilmar Investment Holdings
- Meenaskhi Energy Private Limited - India
- Bhatia International Limited - India
- Straits Asia Resources Limited - Singapore
- Agrawal Coal Company - India
- Orica Australia Pty. Ltd.
- TeaM Sual Corporation - Philippines
- Electricity Authority, New Zealand
- Ministry of Mines - Canada
- Siam City Cement PLC, Thailand
- Grasim Industreis Ltd - India
- Formosa Plastics Group - Taiwan
- Deloitte Consulting - India
- Carbofer General Trading SA - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Mercuria Energy - Indonesia
- Africa Commodities Group - South Africa
- CIMB Investment Bank - Malaysia
- Neyveli Lignite Corporation Ltd, - India
- Petrochimia International Co. Ltd.- Taiwan
- PTC India Limited - India
- Eastern Energy - Thailand
- Kideco Jaya Agung - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Altura Mining Limited, Indonesia
- Coalindo Energy - Indonesia
- Indian Oil Corporation Limited
- Oldendorff Carriers - Singapore
- Price Waterhouse Coopers - Russia
- Global Business Power Corporation, Philippines
- Trasteel International SA, Italy
- Karaikal Port Pvt Ltd - India
- Dalmia Cement Bharat India
- Minerals Council of Australia
- Indika Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Ind-Barath Power Infra Limited - India
- Metalloyd Limited - United Kingdom
- Larsen & Toubro Limited - India
- Krishnapatnam Port Company Ltd. - India
- India Bulls Power Limited - India
- Global Green Power PLC Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Attock Cement Pakistan Limited
- Australian Commodity Traders Exchange
- MS Steel International - UAE
- Toyota Tsusho Corporation, Japan
- SMC Global Power, Philippines
- ASAPP Information Group - India
- Uttam Galva Steels Limited - India
- Singapore Mercantile Exchange
- CNBM International Corporation - China
- Gujarat Electricity Regulatory Commission - India
- Videocon Industries ltd - India
- Australian Coal Association
- Bukit Makmur.PT - Indonesia
- New Zealand Coal & Carbon
- Kepco SPC Power Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Jindal Steel & Power Ltd - India
- Madhucon Powers Ltd - India
- Goldman Sachs - Singapore
- Makarim & Taira - Indonesia
- Salva Resources Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Electricity Generating Authority of Thailand
- Holcim Trading Pte Ltd - Singapore
- Sinarmas Energy and Mining - Indonesia
- Bhushan Steel Limited - India
- Directorate Of Revenue Intelligence - India
- Kalimantan Lumbung Energi - Indonesia
- VISA Power Limited - India
- Vizag Seaport Private Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Anglo American - United Kingdom
- Malabar Cements Ltd - India
- Bharathi Cement Corporation - India
- SMG Consultants - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Parliament of New Zealand
- Thiess Contractors Indonesia
- Heidelberg Cement - Germany
- Port Waratah Coal Services - Australia
- Mintek Dendrill Indonesia
- Global Coal Blending Company Limited - Australia
- Power Finance Corporation Ltd., India
- Ambuja Cements Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ministry of Finance - Indonesia
- Eastern Coal Council - USA
- Borneo Indobara - Indonesia
- Wood Mackenzie - Singapore
- Star Paper Mills Limited - India
- ICICI Bank Limited - India
- Medco Energi Mining Internasional
- Economic Council, Georgia
- Independent Power Producers Association of India
- Savvy Resources Ltd - HongKong
- Interocean Group of Companies - India
- Commonwealth Bank - Australia
- Asmin Koalindo Tuhup - Indonesia
- Bulk Trading Sa - Switzerland
- Sojitz Corporation - Japan
- Timah Investasi Mineral - Indoneisa
- Vedanta Resources Plc - India
|
| |
| |
|