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, 13 December 10
K SERA SERA TO SPEND RS325CR TO BUY COAL,OIL & GAS FIRMS STAKE - LIVE MINT


The company might have to dole out around Rs 225 crore (US$ 50,122,522) for picking up the majority stake in the coal mine in Indonesia and around Rs 100 crore for over 50% stake in the domestic oil and gas exploration and exploitation firm.

Live Mint reported that, Film producing company K Sera Sera Productions on Sunday said it will acquire majority stakes in a domestic oil and gas firm and a coal mine in Indonesia for over Rs. 325 crore (US$ 72,399,199) before the end of this fiscal.

“We are at advanced stages for acquiring majority stakes in a coal mine in Indonesia and an oil and gas exploration and exploitation within India. The acquisitions will be completed before the end of the current fiscal,” K Sera Sera Productions chief executive officer Sanjay Gupta told PTI.

Gupta said that the company might have to dole out around Rs. 225 crore (US$ 50,122,522) for picking up the majority stake in the coal mine in Indonesia and around Rs. 100 crore (US$ 22,276,676) for over 50% stake in the domestic oil and gas exploration and exploitation firm.

The coal mine in Indonesia has an expected reserve of 200 million tonnes, which could be mined over a period of 20 years aimed at the international market, he said.

Gupta declined to divulge much details about the domestic entity, but said that the firm is currently doing the job for state-owned Oil and Natural Gas Corporation (ONGC).

K Sera Sera would fund the proposed stakes acquisitions through internal accruals and borrowing from banks and “other” sources.

“Our entry into these verticals are aimed at de-risking ourselves from our existing businesses and seizing the growing opportunities in the fast changing world,” Gupta said.

K Sera Sera Productions had earlier this month acquired five per cent stake in Australia’s Citi Gold Corporation for nearly $6 million from the open market through subsidiary K Sera Sera Holdings.

Citi Gold has a gold resource of 10 million ounce (310 tonnes) and has a market capitalisation of over $113 million.
(1 USD = 44.8900 INR - www.xe.com)
Source: Live Mint



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

Recent News

Thursday, 09 December 10
DRY BULK MARKET LOOKING FOR DIRECTION THIS WEEK, AS CAPESIZE SHIPS END THEIR MISFORTUNES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk has began the week on a positive note capitalizing on the positive sentiment which finally prevailed during the last days of the previo ...


Monday, 06 December 10
NTPC MAY OPT FOR INDONESIA OVER AFRICA, OZ FOR COAL MINES
Country's largest power producer NTPC, which is scouting for coal properties abroad to fuel its power plants back home, may zero in on Indonesia fo ...


Saturday, 04 December 10
INDONESIA TO INDIA AND CHINA SEA FREIGHT UP BY ABOUT US$ 2.50 PMT - CAPT. REDDY
COALspot.com - The freight market even though remained weak, but towards end of the week the market seemed to firm up. The BDI was almost at sam ...


Saturday, 04 December 10
OFF WEST COAST OF INDIA TONNAGE IS SEEMINGLY QUITE SPARSE - FEARNBULK
Handy The  Atlantic  markets  are  weak  and  remained  unusually  calm  after  the Thanksgiving ...


Friday, 03 December 10
INDONESIAN LOW RANK COAL IS ATTRACTING COAL BUYERS FROM INDIA AND CHINA
COALspot.com - Bhakti Energi Persada has sold out its whole coal production until the end of 2011, Jeffry Mulyono  said during McCloskey Asia P ...


   1099 1100 1101 1102 1103   
Showing 5501 to 5505 news of total 6871
News by Category
Popular News
 
Total Members : 28,634
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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