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
Friday, 08 June 12
ESSAR ENERGY RECEIVES FINAL APPROVAL FOR INDONESIAN COAL BLOCK


COALspot.com - Essar Energy plc, the India-focused integrated energy company, today announced that it has received final ‘Pinjam Pakai’ forest approval for its Aries coal mine in Indonesia. This is the final approval needed ahead of commencement of mine development activities.

Essar Energy acquired a 100% interest in the Aries coal mine in April 2010 for US$118 million. The mining area comprises approximately 5,000 hectares located in the West Kutai region of East Kalimantan. A Joint Ore Reserves Committee (JORC) compliant resource assessment estimates that the block contains approximately 64 million tonnes of mineable reserves with an annual potential production of 4 million tonnes of coal with an average gross calorific value of 5,400 to 5,500 Kcal/kg. This is sufficient to provide a dedicated fuel supply to the Salaya I, 1,200 MW coal-fired power plant located in Gujarat, India.

The Company has already commenced the construction of supporting road and port infrastructure and it is expected that first coal will be available within 9-12 months of today’s announcement.

Until coal from the Aries coal mine becomes available, fuel for the Salaya I power project is being supplied under a fixed price coal contract with Essar Shipping and Logistics Limited, Cyprus. Unit 1 of Salaya I (600 MW), has already entered commercial operations, and unit 2 (also 600MW) is near to completion.

Naresh Nayyar, Chief Executive Officer of Essar Energy, said: "With today’s approval, we can now accelerate development at the Aries coal mine to provide fuel for our Salaya I power plant. This is a major step forward in our strategy of providing full fuel security for all of our power generation assets, thereby eliminating price and delivery risks."

Essar Energy has access to over 500 million tonnes of coal resources across seven coal blocks in India and overseas. This coal is sufficient to provide fuel to 5,250 MW of Essar Energy’s power generation capacity.
Source:Essar Energy



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

Recent News

Tuesday, 12 June 12
ITACHA RESOURCES BUYS SARANA MARINE - INSIDER STORIES
Insider Stories reported that, coal mining company PT Itacha Resources, a joint venture between Anthoni Salim and Glenn Yusuf, announced that Itacha ...


Monday, 11 June 12
BAHANA FORECASTS THE COAL PRICES WILL FALL FURTHER
COALspot.com - Growing US coal supplies + low shipping costs = Asia as target. According to Irwan Budiarto analyst at Bahana Securities, US ...


Monday, 11 June 12
ASIAN COAL TRADING COMMUNITY EMBRACES API 5 AND API 8
Press Release - The Asian coal trading community is embracing the API 5 and API 8 indexes for its swap contracts. The API 5 index represents 5,50 ...


Sunday, 10 June 12
FREIGHT MARKET EXPECTED TO REMAIN WEAK FOR NEXT FEW WEEKS - VISTAAR
COALspot.com - The BDI continued to fall this week and down by 2.99 pct closing at 877 points. The Cape index also was down by 5.78 pct closing a ...


Friday, 08 June 12
MINISTER DENIES COAL EXPORT TAX PLAN, ENDORSES RESTRICTIONS - THE JAKARTA POST
The Jakarta post, one of the leading english news paper in Indonesia reported that, Energy and Mineral Resources Minister Jero Wacik has denied that ...


   938 939 940 941 942   
Showing 4696 to 4700 news of total 6871
News by Category
Popular News
 
Total Members : 28,624
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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