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Thursday, 29 October 09
INDIA CEMENTS SET TO ACQUIRE COAL MINE IN INDONESIA
Business-Standard reported that, India Cements is set to acquire a coal mine in Indonesia for around $20 million (around Rs 100 crore). The company is taking the mine on a develop, operate and market model.
Speaking to reporters after announcing the results here on Wednesday, vice chairman and managing director N Srinivasan said the company would sign the agreement in two weeks. The mine would be for captive purpose.
Initially, it would produce 40,000-50,000 tonne a month and this would be ramped up to 100,000 tonne after one year. The company’s present requirement is around 800,000 tonne of coal per annum for cement alone. This is likely to go up by another 400,000 tons in two-three years when its greenfield plant in Rajasthan and other expansion plans are complete. The company imports around 600,000 tonne of coal every year, he said.
Speaking about the power business, Srinivasan said the company had identified ThyssenKrupp as an EPC (engineering, procurement and construction) partner for the two projects coming up in Tamil Nadu and Andhra Pradesh. The first project is expected to go on stream by March 2011 and second by September 2011. The two projects, with a capacity of 50 mega watt each, involve a cost of around Rs 500 crore (US$ 105,942,333) - 1 USD = 47.1955 INR
Source: Business-Standard
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Thursday, 29 October 09
PTC INDIA UNIT CHASES 2.5 MTPA INDONESIAN COAL
Reuters reported that, PTC Energy is in talks with an Indonesian firm to source 2.5 million tonnes per annum (MTPA) coal for its 350-400 MW power to ...
Thursday, 29 October 09
CHINA MAY SEEK THERMAL COAL ELSEWHERE IF AUSTRALIAN EXPORT COSTS RISE, SAYS REPORT
The Australian reported that, CHINA is likely to turn to alternative markets for thermal coal if the cost and availability of Australia's exports a ...
Thursday, 29 October 09
CURRENCIES, ASIA DEMAND TO LIFT EUROPE COAL PRICE
Supportive currency movements and strong Asian demand mean the price of coal delivered into Europe is poised to rise more than 30 percent to above $ ...
Wednesday, 28 October 09
AUSTRALIAN POWER STATION COAL PRICE TOPPED USD 73 A TONNE
Reuters reported that prices of power station coal in Australia, a benchmark for Asia, crept up for the fourth week and topped USD 73 a tonne, as a ...
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.
ME ...
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- Rashtriya Ispat Nigam Limited - India
- Kaltim Prima Coal - Indonesia
- Bharathi Cement Corporation - India
- Kepco SPC Power Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Semirara Mining Corp, Philippines
- Carbofer General Trading SA - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Tamil Nadu electricity Board
- Orica Mining Services - Indonesia
- India Bulls Power Limited - India
- Dalmia Cement Bharat India
- European Bulk Services B.V. - Netherlands
- Samtan Co., Ltd - South Korea
- Bukit Makmur.PT - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Sarangani Energy Corporation, Philippines
- Marubeni Corporation - India
- Makarim & Taira - Indonesia
- Binh Thuan Hamico - Vietnam
- AsiaOL BioFuels Corp., Philippines
- Barasentosa Lestari - Indonesia
- Bayan Resources Tbk. - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Port Waratah Coal Services - Australia
- Deloitte Consulting - India
- Essar Steel Hazira Ltd - India
- Altura Mining Limited, Indonesia
- Agrawal Coal Company - India
- Timah Investasi Mineral - Indoneisa
- Indo Tambangraya Megah - Indonesia
- CIMB Investment Bank - Malaysia
- OPG Power Generation Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Jaiprakash Power Ventures ltd
- Economic Council, Georgia
- Toyota Tsusho Corporation, Japan
- Coalindo Energy - Indonesia
- IEA Clean Coal Centre - UK
- Attock Cement Pakistan Limited
- Gujarat Mineral Development Corp Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Energy Development Corp, Philippines
- Simpson Spence & Young - Indonesia
- Antam Resourcindo - Indonesia
- Baramulti Group, Indonesia
- Cigading International Bulk Terminal - Indonesia
- Central Java Power - Indonesia
- Directorate Of Revenue Intelligence - India
- Ambuja Cements Ltd - India
- Global Business Power Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Mintek Dendrill Indonesia
- Siam City Cement - Thailand
- Globalindo Alam Lestari - Indonesia
- Coastal Gujarat Power Limited - India
- New Zealand Coal & Carbon
- Riau Bara Harum - Indonesia
- Rio Tinto Coal - Australia
- Global Coal Blending Company Limited - Australia
- Cement Manufacturers Association - India
- Standard Chartered Bank - UAE
- Minerals Council of Australia
- Eastern Coal Council - USA
- Pipit Mutiara Jaya. PT, Indonesia
- The Treasury - Australian Government
- Interocean Group of Companies - India
- Bhatia International Limited - India
- PowerSource Philippines DevCo
- Krishnapatnam Port Company Ltd. - India
- Romanian Commodities Exchange
- Wilmar Investment Holdings
- ICICI Bank Limited - India
- ASAPP Information Group - India
- Ind-Barath Power Infra Limited - India
- Grasim Industreis Ltd - India
- Anglo American - United Kingdom
- PNOC Exploration Corporation - Philippines
- Madhucon Powers Ltd - India
- Mercuria Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Sindya Power Generating Company Private Ltd
- Meralco Power Generation, Philippines
- Bukit Baiduri Energy - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Videocon Industries ltd - India
- Orica Australia Pty. Ltd.
- Kumho Petrochemical, South Korea
- Bulk Trading Sa - Switzerland
- Wood Mackenzie - Singapore
- Aditya Birla Group - India
- Larsen & Toubro Limited - India
- Electricity Authority, New Zealand
- Directorate General of MIneral and Coal - Indonesia
- Indian Energy Exchange, India
- Heidelberg Cement - Germany
- Ministry of Mines - Canada
- GMR Energy Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Jindal Steel & Power Ltd - India
- Africa Commodities Group - South Africa
- Posco Energy - South Korea
- Banpu Public Company Limited - Thailand
- Meenaskhi Energy Private Limited - India
- Electricity Generating Authority of Thailand
- Kobexindo Tractors - Indoneisa
- McConnell Dowell - Australia
- Sree Jayajothi Cements Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Vizag Seaport Private Limited - India
- Ministry of Transport, Egypt
- Formosa Plastics Group - Taiwan
- Xindia Steels Limited - India
- Leighton Contractors Pty Ltd - Australia
- International Coal Ventures Pvt Ltd - India
- Singapore Mercantile Exchange
- Alfred C Toepfer International GmbH - Germany
- VISA Power Limited - India
- Parliament of New Zealand
- Kartika Selabumi Mining - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Bhoruka Overseas - Indonesia
- Indogreen Group - Indonesia
- GAC Shipping (India) Pvt Ltd
- Georgia Ports Authority, United States
- Parry Sugars Refinery, India
- Merrill Lynch Commodities Europe
- Planning Commission, India
- Straits Asia Resources Limited - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kapuas Tunggal Persada - Indonesia
- Latin American Coal - Colombia
- Bangladesh Power Developement Board
- Petrochimia International Co. Ltd.- Taiwan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Central Electricity Authority - India
- Price Waterhouse Coopers - Russia
- Indonesian Coal Mining Association
- SMC Global Power, Philippines
- Malabar Cements Ltd - India
- Therma Luzon, Inc, Philippines
- South Luzon Thermal Energy Corporation
- Independent Power Producers Association of India
- Manunggal Multi Energi - Indonesia
- Chettinad Cement Corporation Ltd - India
- Thai Mozambique Logistica
- SMG Consultants - Indonesia
- Metalloyd Limited - United Kingdom
- Indian Oil Corporation Limited
- Australian Coal Association
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Pendopo Energi Batubara - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Renaissance Capital - South Africa
- Trasteel International SA, Italy
- Tata Chemicals Ltd - India
- PTC India Limited - India
- Iligan Light & Power Inc, Philippines
- Australian Commodity Traders Exchange
- Borneo Indobara - Indonesia
- Savvy Resources Ltd - HongKong
- Mjunction Services Limited - India
- White Energy Company Limited
- London Commodity Brokers - England
- Salva Resources Pvt Ltd - India
- Mercator Lines Limited - India
- Lanco Infratech Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Oldendorff Carriers - Singapore
- Intertek Mineral Services - Indonesia
- TeaM Sual Corporation - Philippines
- Sical Logistics Limited - India
- Power Finance Corporation Ltd., India
- CNBM International Corporation - China
- Commonwealth Bank - Australia
- Miang Besar Coal Terminal - Indonesia
- The University of Queensland
- Petron Corporation, Philippines
- Chamber of Mines of South Africa
- Ministry of Finance - Indonesia
- SN Aboitiz Power Inc, Philippines
- Medco Energi Mining Internasional
- PetroVietnam Power Coal Import and Supply Company
- Vedanta Resources Plc - India
- Jorong Barutama Greston.PT - Indonesia
- The State Trading Corporation of India Ltd
- Goldman Sachs - Singapore
- Bhushan Steel Limited - India
- GVK Power & Infra Limited - India
- Sojitz Corporation - Japan
- Energy Link Ltd, New Zealand
- Edison Trading Spa - Italy
- IHS Mccloskey Coal Group - USA
- Star Paper Mills Limited - India
- Gujarat Electricity Regulatory Commission - India
- Sakthi Sugars Limited - India
- MS Steel International - UAE
- Coal and Oil Company - UAE
- TNB Fuel Sdn Bhd - Malaysia
- Kideco Jaya Agung - Indonesia
- Thiess Contractors Indonesia
- Gujarat Sidhee Cement - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Siam City Cement PLC, Thailand
- Kohat Cement Company Ltd. - Pakistan
- Uttam Galva Steels Limited - India
- Eastern Energy - Thailand
- Indika Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Karaikal Port Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- LBH Netherlands Bv - Netherlands
- San Jose City I Power Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
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