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, 02 October 09
C&O SEES INDONESIA COAL PURCHASES UP 20 PCT IN 2010


Reuters reported that, Dubai-based coal trader Coal & Oil (C&0) expects its coal purchases from Indonesia to increase by at least 20 percent next year, from 5 million tonnes this year, due to strong Indian demand, the firm's founder president said.

The firm is also seeking to buy new mines in Indonesia to secure coal supply for its new power plant, which is expected to start operation in 2012, Ahmed Buhari said late on Thursday.

"There's going to be more imports in the next 3-4 years, because of a slowdown of coal production and expansion of power capacity in India," Buhari told reporters on the sidelines of the opening ceremony at C&0's new office in Jakarta.

"We expect to export 5 million tonnes of Indonesian coal this year and next year it will increase by at least 20 percent," he said.

India's coal imports have grown rapidly from almost nothing five years ago to a projected 70 million tonnes in the next fiscal year. Imports will continue to rise fast over the next 10-15 years because domestic supply cannot meet demand.

Privately-owned C&O, founded by Buhari in 1998, is one of the key players in the subcontinent. The company sells more than 6 million tonnes of imported coal a year and has supply agreements with major producers in Indonesia, South Africa and Australia.

The firm also plans to invest around $300 million within the next 3-5 years to buy mines in Indonesia as it seeks to secure coal supply for its 1,200-MW coal-fired power plant in Tuticori in Tamil Nadu at southern India, Buhari said.

"We are looking at buying (new mines), joint-venture, financing and offtake agreements, anything," he said.

The power plant is designed to use low-quality Indonesian coal.

The firm is currently in talks with a number of Indonesian coal miners for possible joint-venture agreements, but Buhari declined to give details With the new power plants and growing demand, C&O expects to import 20 million tonnes of coal within the next 5 years, with Indonesian coal accounting for 70-80 percent, he said.
Source: Reuters



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

Recent News

Monday, 19 October 09
CEMENT UNLIKELY TO COST MORE DESPITE COAL PRICE HIKE
Business-Standard reported that, Cement manufacturers will not immediately hike prices of the construction material, despite a surge in their input ...


Saturday, 17 October 09
US COAL MINERS LOOKING AT LOWER PROFITS
Most US coal miners are looking at sharply lower third-quarter earnings, but those that produce coal for steelmaking and export should enjoy higher ...


Friday, 16 October 09
INDONESIA EXPORTED 19,194,857 MT OF COAL IN SEPTEMBER 2009 - SOURCES
COALspot.com (Indonesia): Indonesia exported 19,194,857 MT of coal in September 2009. Out of total exported quantity, South Korea imported abou ...


Friday, 16 October 09
NAVIGATING THROUGH STORMY WATERS
To Theodore E Veniamis, the President of the Union of Greek Shipowners, the current turmoil in world shipping is due to the cyclical nature of marit ...


Friday, 16 October 09
COAL INDIA RAISES PRICE BY 11%
Trak reported that, State-owned Coal India Ltd (CIL) has raised the price of coal produced by its subsidiaries by an average of 11 percent effective ...


   1265 1266 1267 1268 1269   
Showing 6331 to 6335 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 ...

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