Guptas'' Oakbay Signs Coal-Export Deal at Premium to Eskom ...

Sep 8, 2016 ... Oakbay Investments, owned by the Gupta family, signed a contract to export ... For more local news from India, visit Bloombergquint.com .... Eskom Holdings SOC Ltd.''s coal contracts and suppliers including Tegeta ... With rising prices for coal shipments, exports will also be key for the Optimum mine, which...

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Eskom warns on looming coal shortages | Energy | BDlive

Apr 24, 2013 ... "Underinvestment in the coal-mining sector in South Africa and rising ... Ms Maharaj said India was expected to represent 82% of the market share for ... was declining coal volumes from Eskom''s long-term contracts, which had to be ... On the other hand, the performance of rail transport had improved from...

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South Africa and coal - SourceWatch

... in South Africa · Coal transport accidents in South Africa · Eskom ... 5.1 China''s Datong seeking SA coal mines; 5.2 Eskom calls for 15 new coal mines ... ranked as the world''s fifth largest hard coal producer, behind China, the USA, India and Australia. ... Power is exported under contracts with national electricity utilities in...

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Analysis: The Future of Eskom and South Africa''s coal sector will be ...

Jul 4, 2016 ... Eskom is not just some failing state-owned enterprise like SAA; it represents our total electricity sector. ... Well, a long-term supply contract signed in 1995 on a cost-plus ... a slower than expected increase in demand from India, but important, ... Many coal mines around the world look like stranded assets.

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The Needless Struggle in South Africa - Coal Age

Apr 17, 2015 ... The country''s single biggest external customer is India, taking .... This is the proposed mine intended to supply Eskom''s under ... A take-or-pay agreement obliges collieries to produce a minimum volume of coal for transport. ... “The government has got to be a little concerned on these take-or-pay (contracts).

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Projects and Energy Weekly Snippets - Hogan Lovells

Gas will be integral to energy mix in the future – Eskom ... 2020 will impact coal mines in an already declining coal market, Eskom renewables research manager...

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PLC - Construction and projects in South Africa: overview

Construction contracts do not differ for international projects (see above, ...... Advising on the construction of two new coal fired power stations for Eskom: the new...

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Grootvlei Power Station - Return to Service, South Africa - Fluor

The contract with Eskom was to support the recommissioning of a ... Power Station Return to Service Project and Construction Management for Coal-Fired Units.

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Mozambique - Country mining guide - KPMG

is set to benefit from large coal demand from China and India and could well become one of the 10 ... of the Nacala corridor project for transporting coal from the mine to the sea .... and foreign investment projects are subject to individual licensing agreements. ...... to 120 cents/lb as the Eskom buy-back deals start, and then.

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Giant merger puts wind up Eskom | Business | Business | M&G

Jan 11, 2013 ... Coal is Eskom''s biggest single cost overall and is projected to grow ... coal by India, and an increase in short-term purchases by Eskom. ... long-term contracts with Eskom because they can get higher returns ... But the area lacked infrastructure such as railways for transporting the coal and water for mining.

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There have been several developments in the South African and

Evolution of Eskom''s coal contracting and portfolio of contracts; Eskom''s stock day recovery ... Performance of cost plus mines has decreased over the past few years .... Poor road networks, logistical constraints and high transportation costs ... 25% of steam coal exports go to India – (power stations on the west coast of India...

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Treasury blocks Eskom''s Tegeta contract | National | BDlive

Sep 1, 2016 ... THE Treasury has blocked an attempt by Eskom to hand a Gupta company an R855m extension to a coal contract without an open tender.

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Identifying Coal Subsidies - Oil Change InternationalOil Change ...

State-owned coal mines, power plants, and associated infrastructure are ... in the world are SOE''s – China''s Shenhua Group and India''s Coal India Limited. ... such as power plants, mining operations, coal rail transport, transmission, etc. .... OECD data; individual project contracts – these often are difficult to access, but may...

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S.African Treasury, Eskom row over coal contracts as government ...

Aug 30, 2016 ... Treasury says Eskom blocks probe into coal contracts, power utility denies. ... The Guptas, a family of Indian-born businessmen who moved to South ... mining company owned by the Gupta family for coal the power utility could...

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Eskom''s Medupi coal mess - Times LIVE

Mar 19, 2015 ... Eskom is paying for coal that the Medupi power station is not yet ready to ... Public Enterprises director-general Matietsi Mokholo said that the coal supply contract for ... The department''s deputy director-general for transport, Kgomotso ... Celebrating Women · Banker SA · African Leader · SA Mining · Built...

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Barbara Hogan on Eskom`s coal procurement - NEWS & ANALYSIS ...

Mar 15, 2010 ... (1)(a) From whom is Eskom procuring its coal stock, (b) how much coal is procured ... (1)(b) Eskom has a portfolio of contracts with each of the suppliers which ... (2)(a-b) All Eskom''s suppliers meet the requirements of the Mining Charter ... Investment in low cost, flexible coal transport infrastructure: Where...

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Answer: How to Start a Trucking Business? - Startup Business

i am looking for the truck /construction equipment business at the mining sector. i .... namastey, i want to start the business of transportation in india. so i want to ... like to know how to secure a 5 year coal transport contract with Eskom SA, I have...

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COP21 and South Africa''s impending Coal Cliff | Daily Maverick

Dec 23, 2015 ... Simply put: new investments in coal mining, in a post-COP21 context of ... Recently, we have seen Eskom in a dispute with two of its coal suppliers. ... supplies its Arnot plant which has supplied coal at R900/tonne, a contract which it ... More recently, India has emerged as a new market and it too has built its...

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In South Africa, Renewables Vie With the Political Power of Coal by ...

Dec 12, 2013 ... electricity comes from coal, as does almost half its liquid transport fuel. .... State-owned Eskom granted a lucrative contract to make the boilers of ... Most of South Africa''s coal mining currently takes place in three centrally ... largest coal export terminal at Richards Bay on the Indian Ocean to increase...

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REVEALED: How Zuma planned to capture the country | Politics | RDM

Mar 4, 2016 ... The Guptas begin exporting coal to India. ... programme - including mining, steel production, computer systems, transportation… ... is awarded the contract to supply Eskom and Necsa with uranium, for stockpiling purposes.

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Indian Firm Profits From SA Coal Waste With Green Tech - Archives ...

Jun 18, 2011 ... A privately owned Indian company, Osho Coal, is clearing old colliery ... producers in SA focused primarily on sales to Eskom or exports to Europe. ... The strategy was straightforward: tie up contracts to recover discarded coal that was ... But recovering and transporting recovered discards is a low-margin...

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South Africa Locks Onto Coal Despite Water Risks, Grim Market ...

Mar 23, 2016 ... The coal terminal at Richards Bay, an Indian Ocean port in ... South Africa''s allegiance to coal mining and coal-fired power generation in an era of ... the big water supply and transport network for Pongola''s sugar cane plantations, .... which won the multi-billion dollar contracts to build the boilers for the two...

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South African authorities accused over Glencore coal mine deal - FT ...

Feb 14, 2016 ... Telecoms · Transport ... South African authorities accused over Glencore coal mine deal ... because of the terms of its coal supply contract with Eskom. ... The Gupta family moved to South Africa from India in 1993 and has...

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South Africa''s politically connected elites profit amid power outages ...

Jan 29, 2015 ... On Monday, ESKOM, the largest South African power utility, began ... “a new company hoping to secure contracts to supply coal to ESKOM.”.

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S.African Treasury, Eskom row over coal contracts as government ...

Aug 30, 2016 ... Treasury says Eskom blocks probe into coal contracts, power utility denies. ... The Guptas, a family of Indian-born businessmen who moved to South ... mining company owned by the Gupta family for coal the power utility could...

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XMP Consulting: Articles and links

Valuations undertaken to date focus exclusively on coal mines and projects. ... lower-grade coal to India - Mining Weekly >> read; Capacity Crunch - Mining Weekly ... bids - Engineering News >> read; Eskom to sell coal Export capacity - Mining ... of transport - Engineering News >> read; Richards Bay Coal Shipments Fall...

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Exxaro confirms take-or-pay coal rail contact with Transnet

Mar 5, 2015 ... Home / Sector News / Transport & Logistics / Transport & Logistics Home← Back ... Exxaro confirms take-or-pay coal rail contract with Transnet ... exported in greater volumes for use in Indian power plants and also for blending. ... Many of the contracts the coal mining industry had with Eskom were either in...

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2014 Market Report - International Energy Agency

Nov 4, 2014 ... executives from coal mining, transportation and machinery .... provided comments on the draft India chapter of the IEA publication “Energy ...... Eskom''s long term coal supply contracts, several of which end within the next 10...

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South Africa''s dirty secret: Eskom and the Medupi power plant ...

May 14, 2010 ... And both, in conjunction with India and the US - described by Senator John ... river systems, in addition to the creation of 40 new coal mines. .... More recently, Eskom claims to have renegotiated Billiton''s ''sweetheart'' contract,...

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Gupta family - Wikipedia, the free encyclopedia

The Gupta family is an Indian-South African business family whose most .... Minister Zwane assisted in the sale of a large coal mine to a Gupta owned company. ... a R4 billion contract to supply coal to the state electrical utility company Eskom. ... to pressure then South African minister of transport, Ben Martins, and Montana,...

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Identifying Coal Subsidies - Oil Change InternationalOil Change ...

State-owned coal mines, power plants, and associated infrastructure are ... in the world are SOE''s – China''s Shenhua Group and India''s Coal India Limited. ... such as power plants, mining operations, coal rail transport, transmission, etc. .... OECD data; individual project contracts – these often are difficult to access, but may...

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2014 Market Report - International Energy Agency

Nov 4, 2014 ... executives from coal mining, transportation and machinery .... provided comments on the draft India chapter of the IEA publication “Energy ...... Eskom''s long term coal supply contracts, several of which end within the next 10...

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The World Bank Eskom Support Program | World Resources Institute

Mar 8, 2010 ... The coal plant, part of the national South African utility Eskom''s program ... Construction of the plant has already begun, and contracts for key components have been signed. ... Interruptions in coal supply caused by transport failures and weather ... WRI (USA) and Prayas Energy Group (India) coordinate the...

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South African Coal - Program on Energy and Sustainable ...

China, the USA and India are much larger producers and consumers of coal; Australia ... overview is provided of coal mining companies, how the current market ..... Vereeniging, have cost-plus, long-term contracts with Eskom, while the Mafube (Arnot) ..... Small coal contractors, supplying via road transport, are an increasing.

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Coal is in terminal decline - Greenpeace

coal mines have been shut down, as a result of a powerful grassroots ... India has seen significant growth in recent years, but that growth seems to have ..... Eskom''s portfolio, coal-fired generation is very likely to have fallen by a similar amount. ... for Russia, but the country''s GDP is projected to contract by 3.4%31, making it.

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ARM Coal

Improve domestic sales and prices received through Eskom contract. ... Although the Goedgevonden Coal Mine (GGV) showed an improved .... This necessitated an increase in the use of road transport and resulted in ... African coal was evident out of India with exports from South Africa to India increasing 130% in 2009.

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South Africa aims to lift coal exports to India - EWN

Feb 5, 2016 ... Global oversupply and a drop in coal prices to 7-year lows have hit miners and coal exporting countries hard. Surface coal mine transportation.

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Mining Weekly - Eskom aiming to slash truck-delivered coal as it ...

Jul 24, 2015 ... Eskom aiming to slash truck-delivered coal as it seeks cost, other benefits ... Eskom has 58 transport contracts in place with logistics companies...

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