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

Saturday, 13 February 10
COAL INDIA 2010/11 COAL IMPORTS TO JUMP - EXEC
Coal imports by state-run Coal India Ltd are likely to soar to 6-10 million tonnes in fiscal 2010/11 from an expected 1.5-1.7 million tonnes in the ...


Saturday, 13 February 10
RULES MAY FREE $10B OF MINING PROJECTS IN INDONESIA
The government announced on Friday that it had issued two implementing regulations for the new Mining Law that will clear the way for the developmen ...


Saturday, 13 February 10
INDONESIA OFFERS TAX INCENTIVES FOR RENEWABLE ENERGY
Indonesia is offering tax incentives to develop renewable energy projects, including geothermal energy, to cut dependency on fossil fuels, a decree ...


Friday, 12 February 10
MECHEL EYES 2010 COAL OUTPUT AT 28-29 MLN T
Russian steel and coking coal producer Mechel expects coal output to reach 28-29 million tonnes this year, returning to pre-crisis levels thanks to ...


Friday, 12 February 10
TATA POWER: QUARTERLY BLIP
Although the company’s revenues dipped in the December quarter, its long-term story is intact. Lower power generation and realisations saw ...


   1199 1200 1201 1202 1203   
Showing 6001 to 6005 news of total 6871
News by Category
Popular News
 
Total Members : 28,619
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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