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, 12 October 09
SHANDUKA BUYS SACMH RICHARDS BAY COAL ALLOCATION
* Shanduka Coal takes SACMH 500,000T export space * RBCT must approve any change of ownership Reuters reported that, South Africa's Shanduka Co ...


Monday, 12 October 09
INDONESIA TO CUT ROYALTIES TO BOOST LOW QUALITY COAL
Reuters reported that, Indonesia, the world's biggest exporter of thermal coal, plans to cut royalties paid by producers holding certain contracts ...


Monday, 12 October 09
SAMPUR COAL POWER PLANT AGREEMENT
Sunday Observer reported that, The construction work of the Sri Lanka-India joint venture coal power plant which costs US dollars 500 million will c ...


Saturday, 10 October 09
SHORT PERIOD RATES FOR SUPRAMAX WAS AROUND US$ 17,000 PER DAY FOR VESSELS OPENING FAR EAST / SE ASIA - CAPT. REDDY
COALspot.com (Singapore): The BDI again firmed up this week by almost 14 pct to 2,695 points. The cape size index moved up quite sharply by 25 pct t ...


Saturday, 10 October 09
COAL PRICES TIPPED TO SURGE BY 40% AS GLOBAL DEMAND RECOVERS NEXT YEAR
Power-station coal prices may climb by more than 40 percent in 2010 from current levels as a global economic recovery boosts demand from power plant ...


   1269 1270 1271 1272 1273   
Showing 6351 to 6355 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 ...

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