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, 17 December 09
CIL TO IMPORT 4 MILLION TONNES COAL FOR NTPC
The country's largest coal miner Coal India Ltd (CIL) will import 4 million tonnes of coal for state-run power company NTPC. "Earlier, ther ...


Wednesday, 16 December 09
COAL MARKETS 2010 CONFERENCE - PRESS RELEASE
COALspot.com (Singapore) Press Release  – Back for the 8th year, Coal Markets 2010 will be taking place in Singapore on 28 – 29 Jan ...


Wednesday, 16 December 09
CHINA 2010 COAL TERM PRICES SEEN RISING 8% ON YEAR
Term prices of thermal coal for 2010 in China are expected to rise about 8 percent from this year's levels, as demand for power has been roaring ba ...


Wednesday, 16 December 09
KANGAROO RESOURCES TO ACQUIRE INDONESIAN COAL INTERESTS
Emerging coal producer Kangaroo Resources has significantly enhanced its production pipeline in Indonesia after reaching agreement to acquire a coki ...


Wednesday, 16 December 09
UAE'S RAS AL KHAIMAH TO INVEST $5.2B IN EAST KALIMANTAN PROJECT
Shrugging off neighbor Dubai’s debt problems, the smaller United Arab Emirate of Ras Al Khaimah announced on Tuesday that it would increase it ...


   1232 1233 1234 1235 1236   
Showing 6166 to 6170 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 ...

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