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

Wednesday, 09 September 09
CHINESE INTEREST IN AUSTRALIA COAL TICKS UP AS PRICES FALL
After a lull of about two months, Australian thermal coal producers are now seeing renewed interest from Chinese buyers for spot cargoes in the four ...


Wednesday, 09 September 09
SALES FORECAST UP ON BETTER DISTRIBUTION
The Jakarta Post reported that, State coal producer PT Tambang Batubara Bukit Asam (PT BA) expects coal sales to rise by 11 percent next year as it ...


Wednesday, 09 September 09
NTPC HIRES MACQUARIE TO ADVISE INDONESIA COAL MINE PURCHASE
Bloomberg reported that, NTPC Ltd., Asia’s biggest power utility by value, has hired Macquarie Group Ltd. to evaluate a proposed coal mine pur ...


Tuesday, 08 September 09
SOUTH AFRICAN COAL FALLS MOST IN 11 WEEKS ON EXCESSIVE PRICES
Bloomberg reported that, Prices for coal shipped from South Africa’s Richards Bay, site of the world’s largest export terminal for the f ...


Tuesday, 08 September 09
INDIA MAY HAVE A JOINT WORKING GROUP FOR COAL WITH INDONESIA: SRIPRAKASH JAISWAL - PRESS RELEASE
Press Information Bureau of India reported in its web site that, The Coal Ministry has, in principle, agreed to set up a Joint Working Group for coa ...


   1286 1287 1288 1289 1290   
Showing 6436 to 6440 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 ...

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