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
Wednesday, 28 October 09
MIDDLE EAST COAL EYEING INDIAN POWER PLANTS IN EXCHANGE FOR LONG TERM COAL SUPPLY


Reuters reported that UAE's Middle East Coal is in talks to buy equity stakes in India's power plants in exchange for long term coal supply.

MEC is JV between UAE investment fund RAK Minerals & Metals Investments and UAE based mining company Trimex. RMMI won a license in March to build a 150 kilometers long rail link carrying coal from a mine in Indonesia's East Kalimantan province to a coal terminal.

Mr Madu Koneru VC of Middle East Coal said that "We are close to signing a contact with a number of Indian power plants who need to be supplied with coal over the coming 15 years, the deals will be finalized by the end of next month. India has one of the fastest growing economies and also has a shortage of power supply so that's why we have decided to go ahead with these deals."

The deals would help MEC find the USD 500 million in financing it needs for the project. MEC would start approaching institutions for funding once the deals were in place.

He said that RMMI plans to provide USD 100 million of the initial USD 600 million investment. Around USD 500 million will come from institutions such as the World Bank. The rest of the investment would come from additional partners that the company is now seeking.

Middle East Coal plans to start shipments of 3 to 5 million tonnes of thermal coal via road. Once the rail project is complete, shipments would rise to 17 million tonnes. MEC had raised its projections for how much coal it could ship as it had progressed with planning for the project. Earlier this year, the company said that it would ship 15 million tonnes of coal.
Sourced from Steel Guru



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

Recent News

Thursday, 31 December 09
YANDICOOGINA BECOMES FIRST MINE IN AUSTRALIA TO PRODUCE 50 MILLION TONNES A YEAR
COALspot.com Press Release: Rio Tinto's Yandicoogina, Australia's largest-producing iron ore mine, has broken the 50 million tonne mark for annual ...


Wednesday, 30 December 09
INDIA CEMENTS TO FINALIZE 3 SHIPMENTS OF SOUTH AFRICAN COAL NEXT WEEK
COALspot.com (India): India Cements is looking for 3 shipments (150,000MT) of South African coal for January – March 2010 delivery on C ...


Wednesday, 30 December 09
BANPU EXPECTS STABLE COAL PRICES
2009 revenue growth will be hard to beat Banpu Plc, Asean's largest coal miner, expects coal prices to stay firm at about US$80 per tonne in the f ...


Wednesday, 30 December 09
CIL DELISTS JAGUAR ENERGY FOR KODA LINKS
Coal India Ltd (CIL) has dropped Indonesia-based Jaguar Energy & Power Ltd from the list of companies, it intended to forge partnerships with to ...


Wednesday, 30 December 09
COAL PRICE RISE REQUEST DENIED
A proposal by the Viet Nam National Coal and Mineral Industries Group to double the price of coal has been turned down by the Ministry of Industry a ...


   1225 1226 1227 1228 1229   
Showing 6131 to 6135 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 ...

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