Indonesia denies reports of possible coal export quotas

May 11, 2008 Filed Under: Bauxite Mining, Lithium Mining, Mining Services  

Indonesia has denied that it will set a quota for coal exports as it wants to reserve the coal for future use. The reports had prompted rising interest in the country’s natural resources from energy-hungry China and India. The reports were baseless and the new mining law likely to be passed by Parliament by June would in fact provide more certainty for mining companies, said Simon Sembiring,... 

Arrow wins India coal gas blocks

September 30, 2006 Filed Under: Coal Mining, Mining Services  

India has awarded coal bed methane gas blocks to firms including British oil major BP Plc, Australia’s Arrow Energy and India’s Reliance Energy Ltd and Tata Power Co Ltd. “The cabinet has accepted the recommendations of Empowered Committee of Secretaries and decided to award blocks according to their recommendations without any change,” Finance Minister Palaniappan Chidambaram... 

Reliance Energy win India coal gas blocks

September 30, 2006 Filed Under: Coal Mining, Mining Services, Mining Stocks  

India on Friday awarded coal bed methane (CBM) gas blocks to firms including British oil major BP Plc , Australia’s Arrow Energy , and India’s Reliance Energy Ltd. and Tata Power Co. Ltd. . “The cabinet has accepted the recommendations of Empowered Committee of Secretaries and decided to award blocks according to their recommendations without any change,” Finance Minister Palaniappan... 

Anil Ambani meets Petroleum Secy

August 3, 2006 Filed Under: Mining Services, Oil and Gas  

Reliance-ADA Group chairman Anil Ambani today met Petroleum Secretary M S Srinivasan in the backdrop of the government rejecting Reliance Industries’ proposal to sell natural gas to his group firm RNRL at a price agreed mutually, instead of the bidding route. Besides raising the contentious issue of sourcing gas from RIL’s K-G basin field, Ambani is also believed to have sought the Ministry’s... 

Tata Power eyes Aussie, Indonesia coal mines

August 3, 2006 Filed Under: Coal Mining, Mining Services  

Indian utility Tata Power Co. Ltd. is in talks to buy coal mines in Australia, Indonesia and South Africa to tie up fuel supplies for its proposed 15,000-megawatt capacity expansion, a top official said. The company, which supplies power to the financial hub of Mumbai, India’s capital New Delhi and to smaller cities, is pursuing projects that will be fired by a hybrid mix of fuels such as coal,... 

Investors fly in to tap Orissa’s mineral riches

July 28, 2006 Filed Under: Bauxite Mining, Mining Services, Mining Stocks, Oil and Gas  

Ratan Tata will soon become the latest of a series of top industrialists to land his private jet at Bhubaneshwar, the dusty capital of Orissa, whose vast deposits of high quality coal, iron ore and bauxite have made the eastern state the hottest investment destination in India. This month plans have been confirmed or proposals announced for about $1bn (€785m, £536m) worth of investment in the...