coal india eyes mine acquisitions in indonesia

  • Coal India

    Coal India Limited (CIL) is an Indian government-owned coal mining and refining corporation. It is under the ownership of Ministry of Coal, Government of India headquartered in Kolkata, West Bengal, India. It is the largest coal-producing company in the world and a Maharatna public sector undertaking. It is also the fifth largest employer in India with nearly 272,000 employees.

  • Reliance Power to sell off three Indonesian coal mines ...

     · MUMBAI: The Anil Ambani-led. Reliance Power. NSE 1.45 % has decided to sell three coal mines in Indonesia and concentrate on coal mining business in the country to support Prime Minister Narendra Modi ''s initiative of ''Make in India''. "India has ambitious plans of doubling its coal production from 450 million tonnes to 900 million tonnes.

  • Indonesia: Coal India''s Indonesia foray hopes revive ...

     · Kolkata, Sept 21 Coal India has plans to go for acquisition of coal assets in Indonesia after having failed in its attempt about a decade back. "In Indonesia, we are in touch with government ...

  • Hunger for coal in fast-growing economy

     · Tata Power has a 30 per cent stake in two large coal mines, while the Adani group – the largest coal importer in India – plans to build a $1.6 billion mining infrastructure in Indonesia. India ...

  • CIL eyes mine acquisitions in Indonesia

     · Pursuing its overseas expansion strategy, Coal India Ltd (CIL) is actively looking at as many as five proposals for acquisition of mines in Indonesia. CIL''s overseas plans …

  • Indian company investments in overseas coal mines

    In November 2014, the first shipment of coking coal from the Benga mine reached Vizag port in India, destined for the Steel Authority of India Limited (SAIL). [37] In February 2011, Mozambique awarded the Indian company Jindal Steel & Power a 25-year licence to explore and mine for coal …

  • Coal India looking at mine acquisitions in Indonesia: report

     · Pursuing its overseas expansion strategy, Coal India Ltd (CIL) is actively looking at as many as five proposals for acquisition of mines in Indonesia, according to Coal Ministry sources.

  • Coal India eyes mine acquisitions in Indonesia

     · Coal India eyes mine acquisitions in Indonesia CIL''s overseas plans come at a time when the company is facing flak for acute shortages of coal, which is …

  • Coal Videsh eyes blocks in Indonesia ...

     · India Business News: Coal Videsh has zeroed in on Indonesia and Mozambique for acquiring coking and non-coking coal blocks. Coal India CMD Partha Bhattacharyya said he and

  • Merges & Acquisitions | Coal Today

     · Posts about Merges & Acquisitions written by Coal Reporter. Lanco Infratech on Friday finalised the acquisition of Australia''s Griffin coal mines for an estimated $760 million (Rs 3,420 crore) in what is being seen as the largest investment made by any Indian company in West Australia.

  • Foreign Coal Companies | Indonesia Power Generation

     · Anglo Coal Subsidiary of UK-listed Anglo American plc and based in South Africa, is seeking to exploit thermal coal opportunities in Indonesia (Reuters 12/4/2010). Banpu Public Company Ltd (Thailand), owns 5 mines, containing reserves of around 300 mt, in South and East Kalimantan - Jorong, Indominco Bontang, Kitadin-Emblamut and Trubaindo (Coal Trans 7/5/2010).

  • All eyes are on Coal India as cancellation of coal ...

    The coal ministry is in the news for all the wrong reasons-from the CAG report criticising the allocation of captive mines to low production by Coal India Ltd. Coal Minister Sriprakash Jaiswal ...

  • Andrew Scrymgeour

    Detailed mining feasibity studies, engineering support for resource sales/acquisitions, efficiency studies, mine start-up, contract mining. Principal focus on coal projects in Asia (Mongolia ...

  • NTPC eyes coal mines in Indonesia, Mozambique, South Africa

     · The company is looking at coal mines abroad that can give upto 20 million tons of coal per annum. "We are looking at coal mines in Indonesia, Mozambique and …

  • Coal India looking to acquire mines in US, Australia and ...

     · Coal India has budgeted $1.2 billion to buy assets in the US, Indonesia and Australia during the year ending March as it battles a widening gap between domestic coal supply and demand. The company, which last month raised $3.4 billion in the nation''s biggest-ever initial public offering, has near-monopoly control of India''s coal market.

  • Coal India eyes mine acquisitions in Indonesia

     · The capital expenditure for current fiscal has been envisaged at Rs 5,000 crore, along with additional ad-hoc provision of Rs 4,000 crore to acquire coal assets abroad and develop coal blocks in Mozambique, it said. The demand-supply gap of coal was 135 million tonne (MT) last fiscal and may widen 185.5 million tonnes in 2016-17.

  • India Power Corporation eyes coal asset acquisitions in ...

     · India Power Corporation Limited (IPCL) was scouting for coal assets in South Africa and Indonesia to establish coal supply linkages for its current 1 000 MW thermal power generation projects.

  • Opposition to coal in India

     · 1 Within India, grassroots opposition to coal continues to be intense -- and the opposition is showing success. 1.1 Opponents have halted projects in 67% of locations with protest -- that''s twice the expected attrition rate; 1.2 Table 1: Plants that have been the object of community opposition; 2 Opposition to coal mines; 3 Protests and actions. 3.1 May 2018: 500 farmers arrested in Gujarat ...

  • Vallar eyes acquisitions to follow Asian deal | The ...

     · "Vallar, the London-listed cash shell founded by financier Nat Rothschild, is looking at acquisitions of coal assets in North America and Australia worth up to $1bn (£646m) as it seeks to bolster its aspirations to join the FTSE 100. Vallar is set to be transformed this month under a complex deal that will see it…

  • Coal India Limited

    NOTICE dated 21.06.2021 regarding Cancellation of Engagement of Executive Director (Indian Institute of Coal Management) on Fixed Tenure Contract Basis Advertisement No. 01/2021 7th International Day of Yoga, 21 June 2021 NOTICE dated 15.06.2021 regarding Cancellation of Recruitment of Company Secretary in E6, E7 & E8 Grades ESG Report 19-20 Recruitment of Medical Executives in …

  • Coal India in talks to buy stake in Indonesian mines

     · Coal India, the world''s largest coal miner, is in advanced talks to buy up to 40 per cent of Indonesia''s Golden Energy Mines for as much as $1-billion …

  • NTPC identifies Indonesian coal mines for acquisition ...

     · NTPC already owns a coal mine in Indonesia and has earmarked about $3 billion (Rs.14,000 crore) for international acquisitions. It is eyeing assets in South Africa, Nigeria and Mozambique, apart ...

  • Banpu mines Indonesia for coal mergers

     · Banpu mines Indonesia for coal mergers. Banpu Plc, Thailand''s biggest coal mine operator, is in talks with industry peers in Indonesia on possible mergers and acquisition (M&A) deals to help increase its long-term coal reserves, Bangkok Post reported on August 17, citing deputy chief executive Somyot Ruchirawat as said.

  • The Indian coal sector: Challenges and future outlook

    Mining in India is a major economic activity which contributes significantly to the economy of India. The GDP contribution of the mining industry varies from 2.2% to 2.5% only but going by the GDP of the total industrial sector it contributes around 10% to 11%. Coal with a proven reserve of 860 billion tonnes is mined the most in the world.

  • Latest coal industry news in India, domestic and ...

     · Coal India looking at mine acquisitions in Indonesia: report 09 Dec 2013 Pursuing its overseas expansion strategy, Coal India Ltd (CIL) is actively looking at as many as five proposals for acquisition of mines in Indonesia, according to Coal Ministry sources.

  • India''s coal minister says mine auction yielding positive ...

     · India''s Coal Minister Pralhad Joshi said that just a few days into the auction process of coal blocks to commercial mining operators, 1,140 parties …

  • The ASIA Miner

     · INDONESIA - Lanna looks for acquisition. Thai-based company Lanna Resources PCL plans to acquire at least one coal mine in Indonesia with an approximate investment outlay of US$20-30 million. As part of diversification plans, Lanna is also interested in investing in a coal-fired power plant in Indonesia and alternative-energy based power plants in Thailand.

  • Coal India eyes mine acquisitions in Indonesia | कोल ...

     · अपनी विदेशों में अधिग्रहण की नीति को आगे बढ़ाते हुए कोल इंडिया इंडोनेशिया में खान अधिग्रहण के पांच प्रस्तावों पर …

  • Latest News on Business, Market News, RBI ...

     · Coal India eyes mine acquisitions in Indonesia. Health premium set to cross Rs 32,000 crore. EU-India free trade pact unlikely soon. Biz Briefs. December 8, 2013 9:20 am.

  • UPDATE 1-India eyes coal fund to buy assets abroad | Reuters

     · UPDATE 1-India eyes coal fund to buy assets abroad ... Mozambique, the United States and Indonesia top the priority list for acquisitions by state-run Coal India …

  • India''s resource (inter)nationalism: Overseas mining ...

     · India mining coal in frontier Indonesia. ... the indirect evidence points to the possible role played by it in aiding TPC in its part acquisition of KPC. According to a Times of India report, the deal was ... at the helm of financial affairs reaffirms this possibility of greater control of PT KPC operations than meets the eye by the Indian ...

  • Latest News on Business, Market News, RBI ...

     · Coal India eyes mine acquisitions in Indonesia. Health premium set to cross Rs 32,000 crore. EU-India free trade pact unlikely soon. Biz Briefs. India Inc on state polls: Good governance matters.

  • Received 2 proposal of coal mines in Indonesia: ICVL tells ...

     · In a presentation to Coal India Ltd, ICVL said that "two promising proposals of thermal coal operating mines (in Indonesia) were received recently" by the consortium. LIVE TV हिन्दी मराठी বাংলা தமிழ் മലയാളം ગુજરાતી తెలుగు ಕನ್ನಡ ਪੰਜਾਬੀ

  • Coal India eyes five overseas mine acquisitions | Business ...

     · Coal India eyes five overseas mine acquisitions ... At the last meeting of an Indonesia-India working group "we had suggested Bukit Asam is a …

  • India-Indonesia joint working group on coal holds ...

     · New Delhi: The fifth Joint Working Group (JWG) on coal between India and Indonesia discussed various issues through video conferencing and the coal ministry provided an overview of the domestic coal sector. The meeting of the JWG was hosted through video conferencing due to travel restrictions on account of COVID-19 pandemic. It was chaired from the Indian side by Additional …

  • Coal India''s EoI for mine acquisitions attracts 52 global ...

     · The country''s largest coal producer, Coal India, on Monday said 52 global companies have expressed interest in partnering with it for acquiring mines overseas, especially in Australia ...

  • NTPC plans to acquire coal mines in Mozambique, Indonesia

     · Saturday, 19 June 2021. Subscribe. Search

  • Indian business : companies : C : Coal India : index ...

    Coal India eyes acquisitions in Africa, Indonesia and Bangladesh ; 11 December 2006 Coal India plans Rs 12,000 crore investments to boost production ... Coal India mines more money in e-marketing

  • India eyes coal reserves in Indonesian Papua

     · India eyes coal reserves in Indonesian Papua. India is looking to get in on the ground floor of coal mining in previously unexploited deposits in Indonesian Papua. The details of an Indian mining ...

  • Scramble for coal reaches Indonesia | Financial Times

    And while China and India are leading the charge, Thai, Korean, Italian and Japanese companies are also on the lookout for acquisitions or coal-sourcing deals. Churchill Mining, listed in London ...

  • Mozambique mine News and Updates from The Economic Times ...

     · Coal India eyes mine acquisitions in Indonesia 08 Dec, 2013, 12.33 PM IST State-owned Coal India Ltd (CIL) is actively looking at as many as five proposals for acquisition of mines in Indonesia.