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

Friday, 25 September 09
FREIGHT RATE CUTS MAKING SOUTH AFRICAN COAL MORE COMPETITIVE IN ASIAN MARKETS
Mining Weekly reported that, Coaltrans South Africa MD Gerard Strahan highlighted the country’s sudden increase in coal exports to southern Ch ...


Friday, 25 September 09
XSTRATA TO BUILD ITS OWN RAIL CAPACITY TO SHIP AUSTRALIAN COAL
Bloomberg reported that, Xstrata Plc, the world’s largest exporter of coal used by power stations, will establish its own rail haulage capacit ...


Thursday, 24 September 09
INDIA CEMENT CO'S TO AWARD 200,000T COAL TENDER
Reuters reported that, India's biggest cement maker ACC Cement Ltd and Gujarat Ambuja will award on Thursday Sept 25 a tender for 100,000 tonnes ea ...


Thursday, 24 September 09
YUDEAN TO SIGN CO-OPERATION LETTER OF INTENT WITH RUSSIA COAL TRADE COMPANY
In the recent days, Gao Shiqiang, deputy manager of Yudean Group Co., Ltd. went and carried out the friendly talks with SUEK and inked the trade co- ...


Thursday, 24 September 09
ANGLO EYES DOUBLED METALLURGICAL COAL OUTPUT BY 2018
Mining group Anglo American could double its production of coal used for steel making by 2018 if all of its unapproved projects went ahead, the comp ...


   1278 1279 1280 1281 1282   
Showing 6396 to 6400 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 ...

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