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 ...

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