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, 06 November 09
COAL INDIA ABANDONS PLAN TO BUY ASSET IN AUSTRALIA


Coal India’s efforts to acquire a mid-sized virgin thermal coal block from a private party in Australia have drawn a blank.

The effort was made parallel to the company’s exercise to enter into strategic partnership with global majors through the tendering process.

A total of 52 companies from Australia, the US, South Africa and Indonesia had in September submitted expressions of interest to form a strategic alliance with CIL.

According to sources, CIL withdrew from the race for acquisition of the coal asset in Australia following the due diligence carried out in September-October. “The asset quality proved much below our expectations,” a source told Business Line.

On the inclusion of ‘strategic partner,’ the source said the evaluation of the EoIs had begun and the shortlisted companies would be invited to make presentations before CIL by end-November. The company has identified 45 of the 52 EoIs as ‘sound’.

According to him, the Indian coal major is interested in overseas partnerships in three broad areas — long-term agreement to import coal at a cheaper price than the existing landed cost of contracted coal; equity participation in producing assets to get coal on a cost-plus basis and; forming equity joint ventures with overseas majors.

The CIL Chairman, Partha S. Bhattacharyya, has previously said that the company is interested in investing anything between Rs 5,000-7,500 crore (US$ 1.068 - 1,601 Billion) through the strategic partners. The company has a free cash reserve of Rs 20,000 crore (US$ 4,271,430,418).

1 USD = 46.8227 INR
Source: Money Control



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

Recent News

Wednesday, 28 October 09
INVESTMENT IN MINING SECTOR HAMPERED BY LATE REGULATIONS
The Jakarta Post reported that, Indonesia may have to wait for a potential massive inflow of new investment into the mining sector due to delays in ...


Tuesday, 27 October 09
CHINA'S SEPT. COAL IMPORTS RISE AS ECONOMY RECOVERS
Bloomberg reported that, China, the world’s largest coal user and producer, increased imports of the fuel in September to meet rising domest ...


Monday, 26 October 09
DARWIN EYES PRIVATE INVESTMENT
The Jakarta Post reported that, the new energy and ministerial resources minister, Darwin Zahedy Saleh, has set his sights on accelerating the reali ...


Sunday, 25 October 09
THE FUTURE FREIGHT MARKET IS EXPECTED TO HAVE POSITIVE DIRECTION - VISTAAR
COALspot.com (Singapore): According to Vistaar Shipping an experienced ship operator in Singapore, the BDI shot up this week (19-24 October) by abou ...


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 ...


   1259 1260 1261 1262 1263   
Showing 6301 to 6305 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 ...

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