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
Thursday, 09 September 10
INDONESIA SWAPS COAL FOR INFRASTRUCTURE - FT


As Asia’s major economies bound forward and their hunger for energy surges over the next decade, Indonesia is strategically positioned to take advantage as the world’s largest exporter of coal. It is also neatly placed geographically, on the doorsteps (well, almost) of China and India.

Rudi Vann, a leading coal analyst at Wood Mackenzie, told beyondbrics he expects Indonesian coal production to rise nearly 90 percent to 480m tonnes by 2020. By striking deals to sell it in exchange for infrastructure financing, Indonesia is using the resource to fix its own crumbling roads, ports, bridges - and its power plants too.

As you might expect, the competition to secure Indonesian coal is being led by China and India, as the FT reports on Thursday. Companies from the two countries signed a series of deals in recent months to finance billions of dollars in Indonesian infrastructure projects in exchange for thermal coal.

The deals are reminiscent of the controversial minerals-for-infrastructure transactions that China has struck across Africa to secure supplies of that continent’s resources.

Indonesia is in desperate need of capital and has set the ambitious target of attracting $160bn in foreign investment over the next few years.

The most recent coal deal was in August, when Indian conglomerate Adani said it would spend $1.6bn on a railway line and coal terminal in southern Sumatra.

KPMG estimates India’s coal shortfall will reach 189 tonnes a year by 2015. Domestic supplies could soon be limited by tougher environmental regulations planned by Environment Minister Jairam Ramesh, who recently said a third of India’s coal reserves are in areas off limits to mining companies.

Chinese companies, already heavily invested in Indonesian coal mines, are looking for more acquisitions, but have also inked deals to build power plants. Vann noted that Indonesia has already exported more coal to China in the first half of this year than all of 2009.

The country’s production of thermal coal will likely rise by around seven per cent to 280 million tonnes in 2010, led by purchases from China, India, South Korea, Japan and Taiwan, the Indonesian Coal Mining Association said.

On top of flourishing exports, domestic Indonesian demand will also rise around eight per cent a year as it adds 10,000 megawatts of electricity-generation capacity from coal-fired power plants by 2016.
Source: FT



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

Recent News

Monday, 13 September 10
CIL IN TALKS WITH SHIPPING CORP TO FORM JV FOR COAL IMPORTS
Shipping Corporation of India, the largest domestic shipping liner, may form a joint venture with Coal India for coal imports, a top company officia ...


Monday, 13 September 10
FREIGHT MARKETS MAY BE A BIT SOFT THIS WEEK - VISTAAR SINGAPORE
COALspot.com: The freight market continued its upward trend with the BDI almost touching 3000 points. However the uncertainty seems to continue with ...


Friday, 10 September 10
INDONESIAN RAILWAY CONTRACT STILL UP FOR BIDDING - LOGISTICS WEEK
The tender process for a $2.2bn project to build a coal-transporting railway line in Central Kalimantan province, Indonesia, is still underway and n ...


Friday, 10 September 10
WCI INTO CHINA WITH IRON ORE ARE AIMING AROUND $ 20K - FEARNBULK
Handy The rates are firm in every corner of the world. However it still looks Atlantic/Baltic/Black Sea offer better employment opportunities for ...


Thursday, 09 September 10
INDIANS BALCO TO BUY 50 K OF 3,000 TO 4,500 GAR CALORIFIC VALUE COAL
COALspot.com: Bharat Aluminium Company Limited (BALCO) is a subsidiary of Sterlite Industries (India) Limited and part of Vedanta Resources PLC, a L ...


   1122 1123 1124 1125 1126   
Showing 5616 to 5620 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 ...

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