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, 21 December 10
CIL TOLD TO SCOUT MINES ABROAD TO BRIDGE COAL DEFICIT - ECONOMIC TIMES


Economic Times reported that, The government asked state-owned CIL to look for acquiring assets abroad to meet the domestic shortfall of coal.

"Coal India (LTD) has been asked to look at opportunities overseas.....from where coal can be brought and agreements made," Coal Minister Sriprakash Jaiswal told reporters on the sidelines of national consultation on MPLADS.

Coal India, and several other state-run companies are actively scouting for coal mines abroad to secure their raw material supply.

The government has also floated a special purpose vehicle, International Coal Ventures Ltd (ICVL), with Coal India NTPC, SAIL, among others, as members for acquiring coal mines abroad.

Last week, Coal India Ltd (CIL) had said that it was in talks with Indonesia's Sinar Mas Group for acquiring coal mines in that country.

Indonesian conglomerate Sinar Mas Group has interests in coal mining, logging and wood-pulp production and palm oil plantations.

Besides, the fourth-largest coal firm in the US, Massey Energy was also negotiating with CIL for sale of some of its assets.

The Indian coal miner, which has earmarked Rs 6,000 crore this fiscal for acquisition of coal mines abroad, is also in advanced talks to acquire a stake in the US-based Peabody Energy Corp's asset in Australia.

Peabody is believed to have offered the state-run coal major 10 per cent equity in one of their coal producing mines in Australia.

At present, the demand-supply gap of coal in the country is around 80 million tonnes, which is projected to double in the next few years.

The country had a coal output of about 532 million tonnes in the last fiscal with CIL producing 431.5 MT of this.

CIL accounts for over 85 per cent of the domestic production in the country.

The state-owned company saw coal production of 253.26 million tonnes by November 15 last month (of the current financial year) compared to 245.89 million tonnes in the corresponding period of previous fiscal.

It hopes to achieve 460.5 million tonnes production target for the current fiscal.
Source: Economic Times



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

Recent News

Wednesday, 22 December 10
PEABODY ENERGY TO SOURCE INDONESIAN COAL FROM PT SUPRA BARA ENERGI (SBE) - COAL GEOLOGY
Coal Geology reported that, Peabody Energy has entered into an agreement to source coal from PT Supra Bara Energi (SBE), which will be sold on the e ...


Wednesday, 22 December 10
INDONESIAN COAL LOAD PORT WEATHER CONDITION AND DELAYS
COALspot.com - The several leading shipping agents in Indonesia, said due to rainy season in Indonesia, loading activities in coal loading ports hav ...


Wednesday, 22 December 10
COAL INDIA CLOSE TO BUYING 15% STAKE IN AUSTRALIAN MINE - ECONOMIC TIMES
Economic Times reported that, Coal India (CIL) is close to buying a stake between 10% to 15% in an Australian mine owned by Peabody, a US company. ...


Wednesday, 22 December 10
CAPESIZE FUTURES MARKET RATES ARE EXPECTED TO CONTINUE THEIR DRIFT DOWN IN 2011 - BRS
Nearly two months of weekly declines in the Baltic Capesize Index were finally halted last week with a small 1% increase Friday-to-Friday. The impro ...


Wednesday, 22 December 10
DRY BULK MARKET LOOKING FOR DIRECTION AMID HOLIDAYS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market isn’t exhibiting a “festive” behavior, thus cheering ship owners and investors alike. Instead, the industry&rs ...


   1094 1095 1096 1097 1098   
Showing 5476 to 5480 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
  • Leighton Contractors Pty Ltd - Australia
  • WorleyParsons
  • Petrosea - Indonesia
  • Bangkok Bank PCL
  • Commonwealth Bank - Australia
  • Trasteel International SA, Italy
  • Holcim Trading Pte Ltd - Singapore
  • Coal India Limited
  • Adaro Indonesia
  • Tata Chemicals Ltd - India
  • Ministry of Finance - Indonesia
  • Grasim Industreis Ltd - India
  • Maruti Cements - India
  • IBC Asia (S) Pte Ltd
  • Lanco Infratech Ltd - India
  • Samsung - South Korea
  • Jatenergy - Australia
  • Essar Steel Hazira Ltd - India
  • Malabar Cements Ltd - India
  • Global Business Power Corporation, Philippines
  • PetroVietnam Power Coal Import and Supply Company
  • Wilmar Investment Holdings
  • Formosa Plastics Group - Taiwan
  • Billiton Holdings Pty Ltd - Australia
  • Mechel - Russia
  • globalCOAL - UK
  • Coastal Gujarat Power Limited - India
  • JPMorgan - India
  • Infraline Energy - India
  • Standard Chartered Bank - UAE
  • OCBC - Singapore
  • Metalloyd Limited - United Kingdom
  • Credit Suisse - India
  • Posco Energy - South Korea
  • IEA Clean Coal Centre - UK
  • Indika Energy - Indonesia
  • Mintek Dendrill Indonesia
  • Wood Mackenzie - Singapore
  • Asia Cement - Taiwan
  • Power Finance Corporation Ltd., India
  • Mercator Lines Limited - India
  • Bangladesh Power Developement Board
  • Indonesia Power. PT
  • Meenaskhi Energy Private Limited - India
  • IHS Mccloskey Coal Group - USA
  • Orica Mining Services - Indonesia
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • White Energy Company Limited
  • GHCL Limited - India
  • Berau Coal - Indonesia
  • Noble Europe Ltd - UK
  • Economic Council, Georgia
  • Global Coal Blending Company Limited - Australia
  • Videocon Industries ltd - India
  • Singapore Mercantile Exchange
  • Ind-Barath Power Infra Limited - India
  • Ince & co LLP
  • Parry Sugars Refinery, India
  • Bukit Asam (Persero) Tbk - Indonesia
  • Central Java Power - Indonesia
  • MS Steel International - UAE
  • PowerSource Philippines DevCo
  • KEPCO - South Korea
  • Panama Canal Authority
  • Electricity Generating Authority of Thailand
  • Romanian Commodities Exchange
  • Attock Cement Pakistan Limited
  • Thermax Limited - India
  • Coal and Oil Company - UAE
  • Cemex - Philippines
  • GVK Power & Infra Limited - India
  • Kartika Selabumi Mining - Indonesia
  • Africa Commodities Group - South Africa
  • Sucofindo - Indonesia
  • Latin American Coal - Colombia
  • Rashtriya Ispat Nigam Limited - India
  • Mitra SK Pvt Ltd - India
  • PTC India Limited - India
  • Permata Bank - Indonesia
  • Kideco Jaya Agung - Indonesia
  • London Commodity Brokers - England
  • Deloitte Consulting - India
  • Heidelberg Cement - Germany
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Barasentosa Lestari - Indonesia
  • Platou - Singapore
  • Goldman Sachs - Singapore
  • San Jose City I Power Corp, Philippines
  • CIMB Investment Bank - Malaysia
  • Inspectorate - India
  • World Bank
  • CESC Limited - India
  • Savvy Resources Ltd - HongKong
  • Aboitiz Power Corporation - Philippines
  • ING Bank NV - Singapore
  • TNB Fuel Sdn Bhd - Malaysia
  • Ministry of Mines - Canada
  • Thai Mozambique Logistica
  • Electricity Authority, New Zealand
  • SMC Global Power, Philippines
  • UOB Asia (HK) Ltd
  • BNP Paribas - Singapore
  • Pendopo Energi Batubara - Indonesia
  • TeaM Sual Corporation - Philippines
  • Russian Coal LLC
  • Australian Coal Association
  • Shenhua Group - China
  • Moodys - Singapore
  • Sakthi Sugars Limited - India
  • Indian Oil Corporation Limited
  • Asmin Koalindo Tuhup - Indonesia
  • Cebu Energy, Philippines
  • Ambuja Cements Ltd - India
  • Indorama - Singapore
  • Barclays Capital - USA
  • Star Paper Mills Limited - India
  • J M Baxi & Co - India
  • Jorong Barutama Greston.PT - Indonesia
  • Cement Manufacturers Association - India
  • Kumho Petrochemical, South Korea
  • Rio Tinto Coal - Australia
  • Larsen & Toubro Limited - India
  • Sinarmas Energy and Mining - Indonesia
  • Eastern Energy - Thailand
  • Maheswari Brothers Coal Limited - India
  • McKinsey & Co - India
  • Argus Media - Singapore
  • India Bulls Power Limited - India
  • Krishnapatnam Port Company Ltd. - India
  • Fearnleys - India
  • Bharathi Cement Corporation - India
  • Indian Energy Exchange, India
  • Freeport Indonesia
  • Siam City Cement PLC, Thailand
  • GN Power Mariveles Coal Plant, Philippines
  • Maybank - Singapore
  • GB Group - China
  • Indian School of Mines
  • KPMG - USA
  • Platts
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Riau Bara Harum - Indonesia
  • Interocean Group of Companies - India
  • Karbindo Abesyapradhi - Indoneisa
  • Meralco Power Generation, Philippines
  • Orica Australia Pty. Ltd.
  • Independent Power Producers Association of India
  • PetroVietnam
  • Straits Asia Resources Limited - Singapore
  • Thriveni
  • IMC Shipping - Singapore
  • Pipit Mutiara Jaya. PT, Indonesia
  • CoalTek, United States
  • Coeclerici Indonesia
  • KOWEPO - South Korea
  • Uttam Galva Steels Limited - India
  • Chamber of Mines of South Africa
  • Carbofer General Trading SA - India
  • Central Electricity Authority - India
  • SMG Consultants - Indonesia
  • Indogreen Group - Indonesia
  • Thiess Contractors Indonesia
  • Bank of America
  • The State Trading Corporation of India Ltd
  • EMO - The Netherlands
  • Runge Indonesia
  • Pinang Coal Indonesia
  • Peabody Energy - USA
  • SRK Consulting
  • MEC Coal - Indonesia
  • Adani Power Ltd - India
  • TNPL - India
  • Rudhra Energy - India
  • Bhoruka Overseas - Indonesia
  • SGS (Thailand) Limited
  • Vale Mozambique
  • Vizag Seaport Private Limited - India
  • Vitol - Bahrain
  • Sree Jayajothi Cements Limited - India
  • Petrochimia International Co. Ltd.- Taiwan
  • Alfred C Toepfer International GmbH - Germany
  • Directorate General of MIneral and Coal - Indonesia
  • McConnell Dowell - Australia
  • Clarksons - UK
  • Planning Commission, India
  • Bhatia International Limited - India
  • Sindya Power Generating Company Private Ltd
  • Jaiprakash Power Ventures ltd
  • Baramulti Group, Indonesia
  • Geoservices-GeoAssay Lab
  • OPG Power Generation Pvt Ltd - India
  • Port Waratah Coal Services - Australia
  • Simpson Spence & Young - Indonesia
  • KPCL - India
  • Gujarat Mineral Development Corp Ltd - India
  • Samtan Co., Ltd - South Korea
  • UBS Singapore
  • HSBC - Hong Kong
  • Borneo Indobara - Indonesia
  • TANGEDCO India
  • PLN - Indonesia
  • Vijayanagar Sugar Pvt Ltd - India
  • Tanito Harum - Indonesia
  • Semirara Mining and Power Corporation, Philippines
  • Directorate Of Revenue Intelligence - India
  • Miang Besar Coal Terminal - Indonesia
  • Petron Corporation, Philippines
  • Merrill Lynch Commodities Europe
  • Ministry of Transport, Egypt
  • ASAPP Information Group - India
  • Merrill Lynch Bank
  • CCIC - Indonesia
  • Madhucon Powers Ltd - India
  • Dalmia Cement Bharat India
  • Ceylon Electricity Board - Sri Lanka
  • The India Cements Ltd
  • Therma Luzon, Inc, Philippines
  • TRAFIGURA, South Korea
  • Cosco
  • LBH Netherlands Bv - Netherlands
  • Coalindo Energy - Indonesia
  • AsiaOL BioFuels Corp., Philippines
  • Mjunction Services Limited - India
  • Qatrana Cement - Jordan
  • Bank of China, Malaysia
  • The Treasury - Australian Government
  • Karaikal Port Pvt Ltd - India
  • SUEK AG - Indonesia
  • Lafarge - France
  • Tamil Nadu electricity Board
  • Gupta Coal India Ltd
  • European Bulk Services B.V. - Netherlands
  • World Coal - UK
  • SASOL - South Africa
  • Surastha Cement
  • Neyveli Lignite Corporation Ltd, - India
  • Kaltim Prima Coal - Indonesia
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • PNOC Exploration Corporation - Philippines
  • Aditya Birla Group - India
  • Shree Cement - India
  • Gujarat Sidhee Cement - India
  • Deutsche Bank - India
  • Georgia Ports Authority, United States
  • bp singapore
  • Arch Coal - USA
  • Eastern Coal Council - USA
  • Bukit Makmur.PT - Indonesia
  • ETA - Dubai
  • GNFC Limited - India
  • RBS Sempra - UK
  • TGV SRAAC LIMITED, India
  • Kobexindo Tractors - Indoneisa
  • Asian Development Bank
  • Sojitz Corporation - Japan
  • Kepco SPC Power Corporation, Philippines
  • Energy Development Corp, Philippines
  • Reliance Power - India
  • South Luzon Thermal Energy Corporation
  • JPower - Japan
  • Mitsubishi Corporation
  • GAC Shipping (India) Pvt Ltd
  • EIA - United States
  • Chettinad Cement Corporation Ltd - India
  • ANZ Bank - Australia
  • Coal Orbis AG
  • Jindal Steel & Power Ltd - India
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Total Coal South Africa
  • Semirara Mining Corp, Philippines
  • Core Mineral Indonesia
  • Coaltrans Conferences
  • GMR Energy Limited - India
  • Altura Mining Limited, Indonesia
  • Siam City Cement - Thailand
  • Inco-Indonesia
  • Humpuss - Indonesia
  • Bayan Resources Tbk. - Indonesia
  • Intertek Mineral Services - Indonesia
  • Sical Logistics Limited - India
  • Iligan Light & Power Inc, Philippines
  • Kalimantan Lumbung Energi - Indonesia
  • Oldendorff Carriers - Singapore
  • Xstrata Coal
  • Price Waterhouse Coopers - Russia
  • Banpu Public Company Limited - Thailand
  • Maharashtra Electricity Regulatory Commission - India
  • Mercuria Energy - Indonesia
  • Edison Trading Spa - Italy
  • Sarangani Energy Corporation, Philippines
  • Global Green Power PLC Corporation, Philippines
  • DBS Bank - Singapore
  • Toyota Tsusho Corporation, Japan
  • Bulk Trading Sa - Switzerland
  • PLN Batubara - Indonesia
  • Malco - India
  • Idemitsu - Japan
  • Arutmin Indonesia
  • Makarim & Taira - Indonesia
  • U S Energy Resources
  • Kobe Steel Ltd - Japan
  • Indonesian Coal Mining Association
  • Bukit Baiduri Energy - Indonesia
  • Glencore India Pvt. Ltd
  • The University of Queensland
  • Cigading International Bulk Terminal - Indonesia
  • Australian Commodity Traders Exchange
  • Bahari Cakrawala Sebuku - Indonesia
  • Ernst & Young Pvt. Ltd.
  • NTPC Limited - India
  • Manunggal Multi Energi - Indonesia
  • Salva Resources Pvt Ltd - India
  • Vedanta Resources Plc - India
  • Renaissance Capital - South Africa
  • Kohat Cement Company Ltd. - Pakistan
  • Kapuas Tunggal Persada - Indonesia
  • Indo Tambangraya Megah - Indonesia
  • Xindia Steels Limited - India
  • Cargill India Pvt Ltd
  • Energy Link Ltd, New Zealand
  • New Zealand Coal & Carbon
  • IOL Indonesia
  • Medco Energi Mining Internasional
  • Gresik Semen - Indonesia
  • Enel Italy
  • Timah Investasi Mineral - Indoneisa
  • Cardiff University - UK
  • NALCO India
  • ACC Limited - India
  • Japan Coal Energy Center
  • International Coal Ventures Pvt Ltd - India
  • Binh Thuan Hamico - Vietnam
  • CNBM International Corporation - China
  • Britmindo - Indonesia
  • Thomson Reuters GRC
  • Bhushan Steel Limited - India
  • Gujarat Electricity Regulatory Commission - India
  • Thailand Anthracite
  • APGENCO India
  • BRS Brokers - Singapore
  • Minerals Council of Australia
  • Agrawal Coal Company - India
  • Mitsui
  • Anglo American - United Kingdom
  • VISA Power Limited - India
  • Parliament of New Zealand
  • Antam Resourcindo - Indonesia
  • ICICI Bank Limited - India
  • Marubeni Corporation - India
  • Maersk Broker
  • Globalindo Alam Lestari - Indonesia
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • SN Aboitiz Power Inc, Philippines