COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Friday, 19 March 10
COAL INDIA TO HIT CAPITAL MARKETS IN JULY


India’s largest coal producer, Coal India Ltd (CIL), expects to hit the capital markets by July, company chairman Partha S. Bhattacharyya said here Friday.

The government, which holds 100 percent stake in CIL, will divest 10 percent through an initial public offer (IPO) of 63.1 crore (63 million) shares, Bhattacharyya told reporters on the sidelines of the 20th Asian Corporate Conference organised by industry lobby CII.

The company will reserve 6.3  crore (63 million) shares for its employees.

“We hope to file the draft red herring prospectus for the issue with Securities Exchange Board of India by mid-June post our annual general meeting,” Bhattacharyya said.

Bhattacharyya added that the company’s net profit would be around $1.7 billion in the current fiscal.

The company is now producing 430 million tonnes of coal, which is expected to reach 700 million tonnes over the next 10 years, Bhattacharyya said.

CIL has also secured exploration licences for two blocks in Mozambique and expects to start work there soon.

“We are expecting one billion tonnes reserves from these blocks,” he said.

Bhattacharyya also spoke about the company’s corporate social responsibilities. “As we are expanding our coal mining operations, its our responsibility to grow more trees than we have cut. We are passionately pursuing the afforestation programme.”

The company is adopting clean technology to reduce the impact of mining on the environment, he said.
Source:
Business News - INAS



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Tuesday, 30 March 10
CHINA'S DROUGHT RAISES COAL PRICES, LOWERS HYDROPOWER
Bloomberg reported that, Benchmark coal prices at Qinhuangdao, China’s largest port handling the fuel, rose for the first time in 10 weeks aft ...


Tuesday, 30 March 10
PRICES FOR COKING COAL, IRON ORE TO SOAR AMID BURGEONING STEEL DEMAND: SCOTIABANK
Winnipeg Free Press  reported that, Strong steel demand from China and a recovery in the developed world will push coking coal prices 56 per ce ...


Sunday, 28 March 10
DEMAND FROM INDIA RESHAPING THE GLOBAL COAL MARKET - DAVE FOREST
Attention international coal industry. There's a new kid on the block. The nation of India. India is emerging as a major re-shaping force for ...


Sunday, 28 March 10
SHIPS FROM WC INDIA TO CHINA CONTINUED TO BE FIXED AT HEALTHY LEVELS AT AROUND US$ 50/52,000 PER DAY - VISTAAR
COALspot.com: The dry bulk freight market seemed to be heading for a correction with all the indices dropping by 8-10 pct except for handy size whic ...


Saturday, 27 March 10
CHINA DROUGHT MAY RAISE COAL DEMAND, BOOST PRICES, CLSA SAYS - BLOOMBERG
Bloomberg reported that, Droughts in southwest China may increase demand for coal used in power plants, and ‘support” prices in the &ldq ...


   1182 1183 1184 1185 1186   
Showing 5916 to 5920 news of total 6871
News by Category
Popular News
 
Total Members : 28,706
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • PLN Batubara - Indonesia
  • KPMG - USA
  • TNPL - India
  • Geoservices-GeoAssay Lab
  • Samsung - South Korea
  • Kartika Selabumi Mining - Indonesia
  • Semirara Mining and Power Corporation, Philippines
  • Credit Suisse - India
  • Directorate Of Revenue Intelligence - India
  • Timah Investasi Mineral - Indoneisa
  • Larsen & Toubro Limited - India
  • World Coal - UK
  • Leighton Contractors Pty Ltd - Australia
  • Singapore Mercantile Exchange
  • SMC Global Power, Philippines
  • Infraline Energy - India
  • Posco Energy - South Korea
  • Maharashtra Electricity Regulatory Commission - India
  • Global Green Power PLC Corporation, Philippines
  • Commonwealth Bank - Australia
  • Parliament of New Zealand
  • EMO - The Netherlands
  • Marubeni Corporation - India
  • SN Aboitiz Power Inc, Philippines
  • Mintek Dendrill Indonesia
  • KPCL - India
  • Tamil Nadu electricity Board
  • JPMorgan - India
  • SGS (Thailand) Limited
  • Kalimantan Lumbung Energi - Indonesia
  • Georgia Ports Authority, United States
  • Mjunction Services Limited - India
  • Tanito Harum - Indonesia
  • Australian Coal Association
  • Coaltrans Conferences
  • Platou - Singapore
  • Maheswari Brothers Coal Limited - India
  • IEA Clean Coal Centre - UK
  • KOWEPO - South Korea
  • Australian Commodity Traders Exchange
  • Britmindo - Indonesia
  • Cigading International Bulk Terminal - Indonesia
  • GAC Shipping (India) Pvt Ltd
  • SMG Consultants - Indonesia
  • Indorama - Singapore
  • Core Mineral Indonesia
  • Semirara Mining Corp, Philippines
  • Barasentosa Lestari - Indonesia
  • Parry Sugars Refinery, India
  • Edison Trading Spa - Italy
  • Bangladesh Power Developement Board
  • Xstrata Coal
  • Sinarmas Energy and Mining - Indonesia
  • Thailand Anthracite
  • India Bulls Power Limited - India
  • Agrawal Coal Company - India
  • Inspectorate - India
  • Bayan Resources Tbk. - Indonesia
  • Lafarge - France
  • Romanian Commodities Exchange
  • Altura Mining Limited, Indonesia
  • Banpu Public Company Limited - Thailand
  • Panama Canal Authority
  • Eastern Energy - Thailand
  • Kohat Cement Company Ltd. - Pakistan
  • Ernst & Young Pvt. Ltd.
  • PetroVietnam
  • APGENCO India
  • Latin American Coal - Colombia
  • U S Energy Resources
  • Anglo American - United Kingdom
  • Adani Power Ltd - India
  • Cebu Energy, Philippines
  • Deloitte Consulting - India
  • Permata Bank - Indonesia
  • Oldendorff Carriers - Singapore
  • Samtan Co., Ltd - South Korea
  • Indogreen Group - Indonesia
  • Sarangani Energy Corporation, Philippines
  • Total Coal South Africa
  • AsiaOL BioFuels Corp., Philippines
  • Simpson Spence & Young - Indonesia
  • UBS Singapore
  • Electricity Authority, New Zealand
  • LBH Netherlands Bv - Netherlands
  • Power Finance Corporation Ltd., India
  • World Bank
  • Deutsche Bank - India
  • Malco - India
  • Arch Coal - USA
  • Iligan Light & Power Inc, Philippines
  • Xindia Steels Limited - India
  • Indian School of Mines
  • Binh Thuan Hamico - Vietnam
  • Kobexindo Tractors - Indoneisa
  • HSBC - Hong Kong
  • Sakthi Sugars Limited - India
  • Shenhua Group - China
  • PowerSource Philippines DevCo
  • Intertek Mineral Services - Indonesia
  • Orica Australia Pty. Ltd.
  • Bukit Baiduri Energy - Indonesia
  • Electricity Generating Authority of Thailand
  • Energy Link Ltd, New Zealand
  • Meenaskhi Energy Private Limited - India
  • TRAFIGURA, South Korea
  • Ceylon Electricity Board - Sri Lanka
  • Chettinad Cement Corporation Ltd - India
  • Central Java Power - Indonesia
  • ETA - Dubai
  • Ministry of Transport, Egypt
  • Karbindo Abesyapradhi - Indoneisa
  • MEC Coal - Indonesia
  • IOL Indonesia
  • Lanco Infratech Ltd - India
  • New Zealand Coal & Carbon
  • Merrill Lynch Bank
  • Bangkok Bank PCL
  • Kumho Petrochemical, South Korea
  • GN Power Mariveles Coal Plant, Philippines
  • Inco-Indonesia
  • International Coal Ventures Pvt Ltd - India
  • ANZ Bank - Australia
  • Bhushan Steel Limited - India
  • Metalloyd Limited - United Kingdom
  • Mercuria Energy - Indonesia
  • GHCL Limited - India
  • VISA Power Limited - India
  • Coalindo Energy - Indonesia
  • IMC Shipping - Singapore
  • Straits Asia Resources Limited - Singapore
  • Berau Coal - Indonesia
  • Kaltim Prima Coal - Indonesia
  • Savvy Resources Ltd - HongKong
  • Vale Mozambique
  • Bharathi Cement Corporation - India
  • Kobe Steel Ltd - Japan
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Sucofindo - Indonesia
  • San Jose City I Power Corp, Philippines
  • Uttam Galva Steels Limited - India
  • Petrosea - Indonesia
  • The India Cements Ltd
  • OCBC - Singapore
  • Asian Development Bank
  • Planning Commission, India
  • Borneo Indobara - Indonesia
  • RBS Sempra - UK
  • Mitsubishi Corporation
  • Malabar Cements Ltd - India
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • CESC Limited - India
  • UOB Asia (HK) Ltd
  • Essar Steel Hazira Ltd - India
  • Renaissance Capital - South Africa
  • Dalmia Cement Bharat India
  • CNBM International Corporation - China
  • Cosco
  • Cardiff University - UK
  • Adaro Indonesia
  • BNP Paribas - Singapore
  • Heidelberg Cement - Germany
  • Gupta Coal India Ltd
  • Minerals Council of Australia
  • Carbofer General Trading SA - India
  • Gujarat Mineral Development Corp Ltd - India
  • KEPCO - South Korea
  • Thiess Contractors Indonesia
  • Thai Mozambique Logistica
  • Rio Tinto Coal - Australia
  • Directorate General of MIneral and Coal - Indonesia
  • Bank of China, Malaysia
  • Alfred C Toepfer International GmbH - Germany
  • London Commodity Brokers - England
  • Maersk Broker
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Globalindo Alam Lestari - Indonesia
  • TeaM Sual Corporation - Philippines
  • Standard Chartered Bank - UAE
  • Thomson Reuters GRC
  • Toyota Tsusho Corporation, Japan
  • Goldman Sachs - Singapore
  • Ambuja Cements Ltd - India
  • Attock Cement Pakistan Limited
  • Argus Media - Singapore
  • Neyveli Lignite Corporation Ltd, - India
  • Clarksons - UK
  • Jaiprakash Power Ventures ltd
  • Gresik Semen - Indonesia
  • Eastern Coal Council - USA
  • Gujarat Electricity Regulatory Commission - India
  • Petron Corporation, Philippines
  • McConnell Dowell - Australia
  • Kapuas Tunggal Persada - Indonesia
  • Shree Cement - India
  • Miang Besar Coal Terminal - Indonesia
  • Bank of America
  • Gujarat Sidhee Cement - India
  • Economic Council, Georgia
  • Indonesia Power. PT
  • TGV SRAAC LIMITED, India
  • BRS Brokers - Singapore
  • White Energy Company Limited
  • Coal Orbis AG
  • TNB Fuel Sdn Bhd - Malaysia
  • South Luzon Thermal Energy Corporation
  • Kepco SPC Power Corporation, Philippines
  • Independent Power Producers Association of India
  • Enel Italy
  • Grasim Industreis Ltd - India
  • Salva Resources Pvt Ltd - India
  • Global Coal Blending Company Limited - Australia
  • Port Waratah Coal Services - Australia
  • ACC Limited - India
  • Sical Logistics Limited - India
  • Videocon Industries ltd - India
  • Rudhra Energy - India
  • Coal and Oil Company - UAE
  • Mechel - Russia
  • GVK Power & Infra Limited - India
  • IHS Mccloskey Coal Group - USA
  • GMR Energy Limited - India
  • PetroVietnam Power Coal Import and Supply Company
  • Therma Luzon, Inc, Philippines
  • Siam City Cement - Thailand
  • Jindal Steel & Power Ltd - India
  • McKinsey & Co - India
  • Ministry of Finance - Indonesia
  • globalCOAL - UK
  • Qatrana Cement - Jordan
  • WorleyParsons
  • EIA - United States
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Jatenergy - Australia
  • Humpuss - Indonesia
  • GNFC Limited - India
  • Indika Energy - Indonesia
  • Interocean Group of Companies - India
  • Aboitiz Power Corporation - Philippines
  • Runge Indonesia
  • Coeclerici Indonesia
  • Moodys - Singapore
  • bp singapore
  • Tata Chemicals Ltd - India
  • Bhoruka Overseas - Indonesia
  • NALCO India
  • Africa Commodities Group - South Africa
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • J M Baxi & Co - India
  • TANGEDCO India
  • Ince & co LLP
  • Price Waterhouse Coopers - Russia
  • Global Business Power Corporation, Philippines
  • Russian Coal LLC
  • Platts
  • European Bulk Services B.V. - Netherlands
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • JPower - Japan
  • Medco Energi Mining Internasional
  • Sindya Power Generating Company Private Ltd
  • Bhatia International Limited - India
  • Cement Manufacturers Association - India
  • Indo Tambangraya Megah - Indonesia
  • OPG Power Generation Pvt Ltd - India
  • Reliance Power - India
  • Noble Europe Ltd - UK
  • Billiton Holdings Pty Ltd - Australia
  • Japan Coal Energy Center
  • Meralco Power Generation, Philippines
  • Thriveni
  • Siam City Cement PLC, Thailand
  • CIMB Investment Bank - Malaysia
  • SRK Consulting
  • IBC Asia (S) Pte Ltd
  • Vitol - Bahrain
  • Indian Oil Corporation Limited
  • PTC India Limited - India
  • Star Paper Mills Limited - India
  • Antam Resourcindo - Indonesia
  • Vijayanagar Sugar Pvt Ltd - India
  • CoalTek, United States
  • Mitra SK Pvt Ltd - India
  • Karaikal Port Pvt Ltd - India
  • CCIC - Indonesia
  • Indian Energy Exchange, India
  • PLN - Indonesia
  • Vizag Seaport Private Limited - India
  • PNOC Exploration Corporation - Philippines
  • Bukit Asam (Persero) Tbk - Indonesia
  • Baramulti Group, Indonesia
  • Orica Mining Services - Indonesia
  • The State Trading Corporation of India Ltd
  • Ind-Barath Power Infra Limited - India
  • Glencore India Pvt. Ltd
  • Aditya Birla Group - India
  • Jorong Barutama Greston.PT - Indonesia
  • Formosa Plastics Group - Taiwan
  • Krishnapatnam Port Company Ltd. - India
  • Idemitsu - Japan
  • GB Group - China
  • Central Electricity Authority - India
  • ING Bank NV - Singapore
  • ICICI Bank Limited - India
  • The University of Queensland
  • Holcim Trading Pte Ltd - Singapore
  • The Treasury - Australian Government
  • SUEK AG - Indonesia
  • Coastal Gujarat Power Limited - India
  • Bulk Trading Sa - Switzerland
  • Chamber of Mines of South Africa
  • Energy Development Corp, Philippines
  • Maruti Cements - India
  • Mitsui
  • Coal India Limited
  • Thermax Limited - India
  • Madhucon Powers Ltd - India
  • Maybank - Singapore
  • Wilmar Investment Holdings
  • Surastha Cement
  • Kideco Jaya Agung - Indonesia
  • Bukit Makmur.PT - Indonesia
  • Barclays Capital - USA
  • Cargill India Pvt Ltd
  • Asmin Koalindo Tuhup - Indonesia
  • Indonesian Coal Mining Association
  • Bahari Cakrawala Sebuku - Indonesia
  • Manunggal Multi Energi - Indonesia
  • DBS Bank - Singapore
  • Trasteel International SA, Italy
  • Merrill Lynch Commodities Europe
  • Pipit Mutiara Jaya. PT, Indonesia
  • MS Steel International - UAE
  • Mercator Lines Limited - India
  • Pendopo Energi Batubara - Indonesia
  • Asia Cement - Taiwan
  • Freeport Indonesia
  • Ministry of Mines - Canada
  • SASOL - South Africa
  • NTPC Limited - India
  • Makarim & Taira - Indonesia
  • Fearnleys - India
  • Wood Mackenzie - Singapore
  • Rashtriya Ispat Nigam Limited - India
  • Vedanta Resources Plc - India
  • Tata Power - India
  • Arutmin Indonesia
  • Riau Bara Harum - Indonesia
  • Sojitz Corporation - Japan
  • Pinang Coal Indonesia
  • Cemex - Philippines
  • ASAPP Information Group - India
  • Sree Jayajothi Cements Limited - India
  • Peabody Energy - USA
  • Petrochimia International Co. Ltd.- Taiwan