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

Thursday, 16 December 10
LANCO BAGS AUSTRALIAN COAL MINER GRIFFITH - DNA
As part of its strategy to secure coal supplies for meeting its needs in expanding power generation capacities, infrastructure major Lanco Infratech ...


Thursday, 16 December 10
COAL INDIA IN TALKS WITH INDONESIAN CO TO BUY ITS COAL MINES - APN NEWS
APN News reported that, World’s largest coal producer Coal India is in talks with Indonesia’s Sinar Mas Group for acquiring coal mines i ...


Wednesday, 15 December 10
GOVT SETS NEW MINIMUM LEVEL FOR DOMESTIC MARKET SALES - THE JAKARTA POST
The Jakarta Post reported that, Indonesian coal producers are required to sell at least 24.17 percent of their production to the domestic market nex ...


Wednesday, 15 December 10
CAPESIZE RATES ARE NOW AT THEIR LOWEST LEVEL SINCE AUGUST
It was a repeat performance for the market this week, with another increase in earnings for the small sizes but a sharp drop for the Capes. Overall ...


Wednesday, 15 December 10
LARGE ORDERBOOK TO HINDER 2011 DRY BULK MARKET REBOUND DESPITE INCREASED DEMAND SAYS PARAGON SHIPPING - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
A large orderbook which currently stands at 53% of the existing fleet is expected to render 2011 another challenging year for the dry bulk marke ...


   1096 1097 1098 1099 1100   
Showing 5486 to 5490 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 ...

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