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
Tuesday, 06 October 09
COAL INDIA AIMS TO BUY MINE ABROAD BY MARCH


*Coal India to issue its first coal import tender by Nov
*ArcelorMittal, 9 others in race to develop abandoned mines
*52 firms keen to partner coal India for global coal mine buy

Reuters reported that, State-owned Coal India Ltd aims to conclude a deal to buy an overseas mine by March and plans to float its first-ever coal import tender in November to meet surging demand from power sector, company officials said on Monday.

While India has the world's fourth-largest coal reserves, its coal imports have grown rapidly as Asia's third-largest power producer seeks to add power capacities to end blackouts.

Coal India aims to debut as a coal importer in November by issuing a tender for 4 million tonnes, with shipments to arrive from January, technical director N.C. Jha told reporters at an industry conference. Jha said the firm aimed to increase coal output by nearly 8 percent to 435 million tonnes in 2009/10 (April-March).

He said India was likely to import a total of 60 million tonnes of coal in 2009/10, up from 57 million tonnes last year.

India's biggest coal miner has plans to partner with global players to buy stakes in overseas coal mines.

Chairman Partha Bhattacharyya hopes to conclude an overseas acquisition deal this fiscal ending March. "Something will happen this (fiscal) year," he said without elaborating further.

Coal India has appointed 10 bankers to advise it on overseas buy-outs, with Royal Bank of Canada conducting due diligence for an Australian coal property, he said.

In July, Coal India had sought bids from global players to form strategic partnership for jointly acquiring coal assets in Australia, U.S., South Africa and Indonesia.

Coal India was looking at 45 out of 52 responses, he said, adding the firm's agenda was to bring back coal to India at a price that better than import prices.

Bhattacharyya said 10 firms, including steel major ArcelorMittal (ISPA.AS), were keen to develop its 18 abandoned coal mines in eastern India, which have reserves of 1.6 billion tonnes.

"We hope to sign a contract for one or two of these blocks this (fiscal) year so that production can come from 2013/14," he added.

The share of coal-fired plants in India's total installed power generation capacity will rise to 57 percent by March 2012 from the current 53.3 percent, a PricewaterhouseCoopers report said on Monday.
Source: Reuters



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

Recent News

Saturday, 24 October 09
NTPC SEEKS ALTERNATE COAL SUPPLY FOR KAHALGAON
State-run NTPC is looking at alternate sources of coal to fire its Kahalgaon (Bihar) and Farakka (West Bengal) and power stations, which are facing ...


Saturday, 24 October 09
ADANI, MMTC IN RACE TO SUPPLY COAL TO GSECL
Business-Standard  reported that, as many as five companies are in fray to supply 15 lakh (1.5 million) metric tonnes of non-coking steam (ther ...


Saturday, 24 October 09
INDONESIA STATE POWER FIRM PLANS TO DELAY COAL SUPPLIES
Indonesia's state-controlled electricity company is negotiating with two coal producing firms to delay plans to supply coal to a power plant in Wes ...


Friday, 23 October 09
MONGOLIA LISTS 8 POTENTIAL BIDDERS FOR COAL PROJECT
Reuters reported that, Mongolia has shortlisted eight potential partners for its huge Tavan Tolgoi coking coal project, according to Temuulen Ganzor ...


Friday, 23 October 09
2010 WILL BE 'BRIDGE YEAR' FOR COAL - CONSOL CHIEF
Mining Weekly reported that, After a difficult 2009, 2010 will likely be a “bridge” year for the US coal industry, followed by improved ...


   1260 1261 1262 1263 1264   
Showing 6306 to 6310 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 ...

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