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
Monday, 20 September 10
ICVL LOOKS FOR COAL ASSETS IN UZBEK, INDONESIA, AUSTRALIA - ECONOMIC TIMES


Economic Times reported that, International Coal Ventures, or ICVL, the special purpose vehicle floated by five state-owned firms to scout for coal assets abroad, is talking to mine owners in Uzbekistan, Indonesia and Australia even as tight supplies of coking coal used by steelmakers has lengthened negotiation time.

Jointly owned by two steelmakers, a utility firm and a coal mining company, ICVL is taking no chances after having lost a prospective bid for a mine in Australia at the very last stage, said a senior executive.

“We are strongly pursuing four proposals which are at various stages of evaluation,” SAIL chairman CS Verma, who is also chairman of the special purpose vehicle, told ET. “We have put non-binding bids for a couple of overseas mines and are conducting due diligence on these assets.”

The firm’s owners include SAIL, Rashtriya Ispat Nigam, which operates the Vizag Steel Plant, Coal India, minerals major NMDC and utility NTPC.

Last month, ICVL was outpriced in its bid to acquire Stanwell coal mine in Queensland, Australia, after it failed to increase its binding bid of around $180 million. The Australian mine could have been a raw material source for the steel companies, besides being a source for NTPC and Coal India.

India’s current shortfall in coking coal, a key input for making steel, is about 80 million tonne. However, ICVL, which was formed in 2008, is yet to acquire a mine overseas. “We are at various stages of evaluating two other leads also,” said Mr Verma. This includes a property in Indonesia, where a team of officials will visit to look at the probable prospects.

Last week, ICVL aligned itself with Rail India Technical & Economic Services (RITES), an engineering consultancy firm under the Ministry of Railways, to jointly develop properties in Indonesia and Mozambique. As part of this, RITES will prepare the feasibility report on setting up the infrastructure for transporting coal mined by ICVL.
Source: Economic Times



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

Recent News

Wednesday, 22 September 10
DRY BULK MARKET SENTIMENT TURNS SOUTH AS IRON ORE DEMAND DECLINES
The dry bulk market has once again turned the tide, with the industry’s benchmark, the Baltic Dry Index (BDI) turning south during the previou ...


Monday, 20 September 10
MMTC SEEKS TO BUY 1.3 MT OF COAL FOR INDIA UTILITIES - SXCOAL
MMTC Ltd., India’s largest state- owned trading company, is seeking bids for the supply of 1.3 million tonnes of coal to feed power plants run ...


Monday, 20 September 10
KANGAROO RESOURCES SIGNS PARTNERSHIP WITH ASEAMCO FOR INDONESIAN COAL ASSETS - PROACTIVE INVESTORS
International coal producer Kangaroo Resources (ASX: KRL) has completed a new three-year agreement with Australian mining consultants ASEAMCO to del ...


Monday, 20 September 10
IRON-ORE SHIPPING DEMAND MAY GAIN ONCE CHINA STEEL CUTS FINISH, SSY SAYS
Demand to transport iron ore may rebound once China ends steel-production cuts and steel prices may gain in the next several months because of the r ...


Saturday, 18 September 10
ECI / CHINA FREIGHT ROUTE DOWN BY 1.22 PCT OR US$ 225 PER DAY AND CLOSED AT US$ 18,123 PER DAY - VISTAAR
COALspot.com: The BDI was under pressure this week and was almost down by 11 pct and closed at 2676 points. The Cape and Panamax index was almost ...


   1119 1120 1121 1122 1123   
Showing 5601 to 5605 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 ...

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