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Tuesday, 16 February 10
KPMG PENS 6-POINT STRATEGY FOR COAL INDIA RESTRUCTURING
Coal India Ltd (CIL) has appointed KPMG Advisory Services Pvt Ltd to advise on consolidating its position as the country’s prime energy provider, a statement released by CIL said.
KPMG has identified six key areas that will support CIL to realise its vision, including managing scale of growth, improving operational efficiency, improving customer orientation, expanding presence across the coal value chain, becoming the employer of choice and focusing on environment and community through sustainable initiatives.
A time frame of 18 months has been fixed for this initiative, including a year of implementation, during which the roadmap for improvement will be laid out.
Currently, the Navratna coal mining major produces 82% of overall coal output of the country and meets 45% of the country’s primary commercial energy needs. According to the statement, land acquisition is one of the road blocks hampering CIL’s production rate and thus the growth potential. The fair price of land to be acquired and the compensation thereof has emerged as a major issue between CIL and tenancy land owners.
Secondly, the company is also facing difficulty in hiring for statutory positions and certain niche skills. Thirdly, there is a mismatch between evacuation requirements of CIL vis-à-vis the resources availability for dispatch; particularly through rail transportation.Also, current production is skewed towards open cast mining, consequently there is scope to increase output through adoption of new technologies in underground mines.
Source: DNA India
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Thursday, 11 February 10
THE INDIAN MARKET SOFTENING A BIT - FEARNRESEARCH
Handy
The BSI has gone down for 3 weeks now but it is more a reflection of the Pac market. Activity in the Atl remains solid and rates remain firm ...
Thursday, 11 February 10
SOUTH AFRICA COAL EXPORTS DROP TO INDIA, CHINA
South African coal exports to India from Richards Bay Coal Terminal fell 39% in January from December's levels while shipments to China dropped 55% ...
Thursday, 11 February 10
JSW STEEL IS CLOSE TO ACQUIRING TWO COAL MINES IN THE US
“We are in advanced stages of negotiation and the deal will be completed in a month or two,” a company official told DNA Money on the co ...
Wednesday, 10 February 10
BHP TAKES MARUWAI SALE OFF THE TABLE, MINISTRY SAYS
Australian mining giant BHP Billiton may cancel a plan to sell a stake in its coal mining project in Maruwai, East Kalimantan, an official at the En ...
Wednesday, 10 February 10
JPMORGAN FORECASTS A 5.7% GROWTH IN SEABORNE IRON ORE SHIPMENTS, 3.8% FOR COAL AND GRAIN THIS YEAR
This year volumes of iron ore transportation by sea may grow to 5.7%, coal and grain up 3.8% over numbers in 2009, Ukrrudprom reports citing analyst ...
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- Global Green Power PLC Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Cement Manufacturers Association - India
- Bulk Trading Sa - Switzerland
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kumho Petrochemical, South Korea
- VISA Power Limited - India
- Siam City Cement - Thailand
- Mjunction Services Limited - India
- Ceylon Electricity Board - Sri Lanka
- Commonwealth Bank - Australia
- ASAPP Information Group - India
- Coal and Oil Company - UAE
- The Treasury - Australian Government
- Petrochimia International Co. Ltd.- Taiwan
- Indika Energy - Indonesia
- Interocean Group of Companies - India
- Straits Asia Resources Limited - Singapore
- CIMB Investment Bank - Malaysia
- Australian Coal Association
- Tamil Nadu electricity Board
- Baramulti Group, Indonesia
- McConnell Dowell - Australia
- PNOC Exploration Corporation - Philippines
- Borneo Indobara - Indonesia
- Sree Jayajothi Cements Limited - India
- Planning Commission, India
- Posco Energy - South Korea
- Kepco SPC Power Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- LBH Netherlands Bv - Netherlands
- Ministry of Transport, Egypt
- CNBM International Corporation - China
- Krishnapatnam Port Company Ltd. - India
- Standard Chartered Bank - UAE
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Dalmia Cement Bharat India
- Directorate Of Revenue Intelligence - India
- Karaikal Port Pvt Ltd - India
- Ambuja Cements Ltd - India
- Electricity Authority, New Zealand
- Pipit Mutiara Jaya. PT, Indonesia
- Indogreen Group - Indonesia
- Meralco Power Generation, Philippines
- White Energy Company Limited
- Intertek Mineral Services - Indonesia
- Samtan Co., Ltd - South Korea
- Orica Australia Pty. Ltd.
- South Luzon Thermal Energy Corporation
- Bukit Asam (Persero) Tbk - Indonesia
- GVK Power & Infra Limited - India
- IEA Clean Coal Centre - UK
- Edison Trading Spa - Italy
- Energy Link Ltd, New Zealand
- Iligan Light & Power Inc, Philippines
- Orica Mining Services - Indonesia
- Uttam Galva Steels Limited - India
- Sarangani Energy Corporation, Philippines
- Indian Oil Corporation Limited
- PTC India Limited - India
- Power Finance Corporation Ltd., India
- India Bulls Power Limited - India
- Chamber of Mines of South Africa
- Leighton Contractors Pty Ltd - Australia
- Eastern Coal Council - USA
- Goldman Sachs - Singapore
- Kaltim Prima Coal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Metalloyd Limited - United Kingdom
- International Coal Ventures Pvt Ltd - India
- Sical Logistics Limited - India
- Miang Besar Coal Terminal - Indonesia
- Mercator Lines Limited - India
- Therma Luzon, Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Sinarmas Energy and Mining - Indonesia
- Star Paper Mills Limited - India
- Salva Resources Pvt Ltd - India
- Parry Sugars Refinery, India
- Grasim Industreis Ltd - India
- Sindya Power Generating Company Private Ltd
- Mercuria Energy - Indonesia
- Vizag Seaport Private Limited - India
- Central Java Power - Indonesia
- Simpson Spence & Young - Indonesia
- Thiess Contractors Indonesia
- Semirara Mining and Power Corporation, Philippines
- Medco Energi Mining Internasional
- TNB Fuel Sdn Bhd - Malaysia
- Formosa Plastics Group - Taiwan
- Banpu Public Company Limited - Thailand
- Tata Chemicals Ltd - India
- Riau Bara Harum - Indonesia
- Global Business Power Corporation, Philippines
- Australian Commodity Traders Exchange
- The University of Queensland
- Maheswari Brothers Coal Limited - India
- Oldendorff Carriers - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Mines - Canada
- Gujarat Sidhee Cement - India
- Bhoruka Overseas - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Global Coal Blending Company Limited - Australia
- Central Electricity Authority - India
- Wood Mackenzie - Singapore
- Port Waratah Coal Services - Australia
- Attock Cement Pakistan Limited
- Indonesian Coal Mining Association
- Jindal Steel & Power Ltd - India
- Semirara Mining Corp, Philippines
- SN Aboitiz Power Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Neyveli Lignite Corporation Ltd, - India
- OPG Power Generation Pvt Ltd - India
- Agrawal Coal Company - India
- Ministry of Finance - Indonesia
- AsiaOL BioFuels Corp., Philippines
- The State Trading Corporation of India Ltd
- Latin American Coal - Colombia
- Cigading International Bulk Terminal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Coalindo Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Deloitte Consulting - India
- Mintek Dendrill Indonesia
- Trasteel International SA, Italy
- Kohat Cement Company Ltd. - Pakistan
- IHS Mccloskey Coal Group - USA
- Singapore Mercantile Exchange
- Videocon Industries ltd - India
- Eastern Energy - Thailand
- Indo Tambangraya Megah - Indonesia
- Kideco Jaya Agung - Indonesia
- Makarim & Taira - Indonesia
- Toyota Tsusho Corporation, Japan
- Vedanta Resources Plc - India
- Marubeni Corporation - India
- Aboitiz Power Corporation - Philippines
- Energy Development Corp, Philippines
- ICICI Bank Limited - India
- Parliament of New Zealand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Rio Tinto Coal - Australia
- SMC Global Power, Philippines
- Wilmar Investment Holdings
- Madhucon Powers Ltd - India
- Antam Resourcindo - Indonesia
- Bangladesh Power Developement Board
- Minerals Council of Australia
- GN Power Mariveles Coal Plant, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Bukit Baiduri Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Altura Mining Limited, Indonesia
- Kartika Selabumi Mining - Indonesia
- Heidelberg Cement - Germany
- Bayan Resources Tbk. - Indonesia
- TeaM Sual Corporation - Philippines
- Bhatia International Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Barasentosa Lestari - Indonesia
- Renaissance Capital - South Africa
- Coastal Gujarat Power Limited - India
- Jaiprakash Power Ventures ltd
- Meenaskhi Energy Private Limited - India
- Bharathi Cement Corporation - India
- Sakthi Sugars Limited - India
- Africa Commodities Group - South Africa
- MS Steel International - UAE
- Ind-Barath Power Infra Limited - India
- Larsen & Toubro Limited - India
- Electricity Generating Authority of Thailand
- Maharashtra Electricity Regulatory Commission - India
- Sojitz Corporation - Japan
- Malabar Cements Ltd - India
- Indian Energy Exchange, India
- Aditya Birla Group - India
- European Bulk Services B.V. - Netherlands
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Siam City Cement PLC, Thailand
- Chettinad Cement Corporation Ltd - India
- Thai Mozambique Logistica
- Merrill Lynch Commodities Europe
- Carbofer General Trading SA - India
- New Zealand Coal & Carbon
- Anglo American - United Kingdom
- PowerSource Philippines DevCo
- Xindia Steels Limited - India
- Globalindo Alam Lestari - Indonesia
- Romanian Commodities Exchange
- Bhushan Steel Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Petron Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Pendopo Energi Batubara - Indonesia
- Price Waterhouse Coopers - Russia
- Independent Power Producers Association of India
- London Commodity Brokers - England
- Georgia Ports Authority, United States
- Binh Thuan Hamico - Vietnam
- Bukit Makmur.PT - Indonesia
- GMR Energy Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Savvy Resources Ltd - HongKong
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Economic Council, Georgia
- Rashtriya Ispat Nigam Limited - India
- San Jose City I Power Corp, Philippines
- Lanco Infratech Ltd - India
- Manunggal Multi Energi - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SMG Consultants - Indonesia
- Gujarat Electricity Regulatory Commission - India
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