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, 17 April 09
JSW TO BUY THERMAL COAL MINE IN AFRICA


Sajjan Jindal-led JSW Energy is close to acquiring a sub-Saharan African thermal coal mine, which has reserves of more than 200 million tons, to minimise dependence on other overseas companies, said a person with direct knowledge of the development.

Although the person did not reveal the deal size, an expert tracking the sector said it could be anywhere between $70 to $100 million (Rs 350-500 crore) depending on the quality of coal and how far the mine is from the port. Thermal coal is a key input in power generation.

The acquisition, if successful, would be funded through a mix of internal accruals and debt, the person added. Coal from the mine would be shipped to India for captive use in the company's three upcoming power plants. JSW Energy, part of the JSW Group, has interests in power generation, transmission, distribution and trading.

The JSW Energy official spokesman declined to comment on the proposed deal. Currently, the company has access to limited thermal coal reserves in India and is largely dependant on imports. Besides making full-fledged acquisitions, the firm is also in talks with the local African government for jointly developing thermal coal mines.

According to a Delhi-based independent steel analyst, the procedure to access a coal mine in India is arduous and raises environmental issues. So, domestic power firms are constantly looking for mineral resources overseas.

Thermal coal is most well-found resource in the world and is available in abundance in Africa and Indonesia. JSW Energy is in the process of installing three power plants, one each in Karnataka (600 MW), Rajasthan (1,080 MW) and Maharashtra (1,200 MW). The company has already commissioned 300 MW in Karnataka.
Source: source:http://coaljunction.in/market_news/jsw_to_buy_thermal_coal_mine_i.php



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

Recent News

Monday, 13 April 09
INDIA'S NTPC FOURTH-QUARTER PROFIT RISES 30% ON POWER OUTPUT - BLOOMBERG
NTPC Ltd., India’s biggest electricity generator, said profit rose 30 percent in the fourth quarter after higher efficiency helped production. ...


Thursday, 09 April 09
INDONESIAN CILACAP, FISHERMEN PROTEST COAL BARGES ANCHORING IN BAY - THE JAKARTA POST
Fishermen in Cilacap, Central Java, have protested against the presence of dozens of coal barges lying at anchor in Teluk Penyu Bay, claiming they a ...


Thursday, 09 April 09
INDONESIA'S PLN (STATE ELECTRICITY COMPANY) TO SET POWER PURCHASE PRICES FOR INDEPENDENT PRODUCERS - THE JAKARTA POST
State power company PT PLN holds the mandate to set power purchase prices to buy electricity produced by its (IPP) business partners, aiming at flex ...


Wednesday, 08 April 09
ARCELORMITTAL BUYS STAKE IN COAL OF AFRICA - MINEWEB
Steel maker, ArcelorMittal SA, has acquired a 16.3 percent stake in Coal of Africa Ltd. for $44.98 million in cash. ArcelorMittal SA, the South A ...


Wednesday, 08 April 09
EXPORTS AT AUSTRALIA NEWCASTLE COAL PORT FALL ON STORM -MINING-JOURNAL
Coal exports from Australia's Newcastle port, the world's largest coal export terminal, fell roughly 18% last week to a 4½-month low, as ro ...


   1361 1362 1363 1364 1365   
Showing 6811 to 6815 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 ...

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