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

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 ...


Friday, 23 October 09
INDIAN GROUP INTERESTED IN MOZAMBICAN COAL
Mining Weekly reported that, India’s leading steelmaker, the Steel Authority of India Limited (Sail), has confirmed that it is seeking to acqu ...


   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 ...

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