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
Tuesday, 01 June 10
LANCO INFRATECH PLANS POWER PROJECTS IN COASTAL REGIONS


My digital reported that, Hyderabad-based Lanco Infratech will set up power projects in coastal regions based on imported coal. The company is also evaluating coal properties with sizeable reserves in Indonesia, Australia and South Africa, its chief financial officer J Suresh Kumar said on Tuesday.

At present, the company has one imported-coal based project - Udupi Power Project - in Karnataka, which would be completed in the last quarter of financial year 2011. Debt and equity funds estimated at Rs 4342 crore for the 1,015-mw project have been arranged by a consortium of 14 banks and financial institutions led by Power Finance Corporation.

Kumar said the company was evaluating opportunities to set up more such projects of same capacity. Lanco has lined up capacity addition targets of 15,000 mw during next five years. Lanco Infratech’s operating power capacity more than doubled to 1,349 mw during last financial year. Its total operating and under-construction power portfolio stands at 9,300-mw.

Lanco also figures among the power generators who are on look out for fuel in coal-rich nations like Australia, South Africa and Indonesia. NTPC has appointed three merchant bankers for due-diligence on acquisition of coalmines in Indonesia. Country’s largest private power producer Tata Power has a stake in two Indonesian coal companies.

The company on Tuesday announced a 63.5 per cent growth in profit after tax to Rs 458.6 crore in 2009-10 from Rs 280.4 crore in 2008-09.

The net profit for fourth quarter ended March 31, 2010 went up by 26 per cent to Rs 113.3 crore from Rs 89.9 crore during the corresponding period previous financial year.

Kumar said the rise in profits was due to company’s good performance in power business. “The company added 800-mw of operating capacity in the previous fiscal a good chunk of which was sold as merchant power at an average tariff of Rs 4 – Rs 4.50 per unit.” Lanco Infratech expects to add 2,600-mw to its generating capacity in the present financial year.

Commenting on the company’s performance, La­n­co Infratech chairman L Madhusudhan Rao said, “With power generation and construction & EPC as our strengths, we are also exploring opportunities in roads, transmission, distribution and other emerging infrastructure sectors.”
Source: My Digital FC ( By Sarita C Singh )



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

Recent News

Thursday, 24 June 10
DRY BULK MARKET AT LOWEST POINT IN EIGHT MONTHS
The dry bulk market’s demise has failed to turn around so far this week, with the industry’s benchmark, the Baltic Dry Index (BDI), yest ...


Wednesday, 23 June 10
WILHELMSEN SHIPS SERVICE OPENS NEW OFFICE IN KRISHNAPATNAM PORT INDIA
Wilhelmsen Ships Service has opened a branch office in Krishnapatnam port on the east coast of India according to statement released by company ...


Wednesday, 23 June 10
PTC'S INDONESIAN COAL-MINING FORAY-I: TO INVEST USD 69 MILLION VIA OVERSEAS SPV
Moving ahead with its plans to acquire coal assets abroad, the power trading major, PTC India Limited, has decided to invest a total of USD 69 milli ...


Tuesday, 22 June 10
INDIA HAS REPORTED MORE COAL IMPORTS FROM COLOMBIA
A second consecutive week of sharp corrections for the dry bulk market, although some of the softness could be attributed to Chinese holidays at the ...


Monday, 21 June 10
THE SUPRAMAX INDEX IN THE FAR-EAST (S6 ROUTE) WAS DOWN BY $ 1300 PER DAY - VISTAAR
COALspot.com: The market continued to soften in all sectors last week also with the BDI dropping by 18.07 pct and Cape index by 26.71 pct. The BD ...


   1152 1153 1154 1155 1156   
Showing 5766 to 5770 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 ...

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