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, 19 March 10
COAL INDIA TO HIT CAPITAL MARKETS IN JULY


India’s largest coal producer, Coal India Ltd (CIL), expects to hit the capital markets by July, company chairman Partha S. Bhattacharyya said here Friday.

The government, which holds 100 percent stake in CIL, will divest 10 percent through an initial public offer (IPO) of 63.1 crore (63 million) shares, Bhattacharyya told reporters on the sidelines of the 20th Asian Corporate Conference organised by industry lobby CII.

The company will reserve 6.3  crore (63 million) shares for its employees.

“We hope to file the draft red herring prospectus for the issue with Securities Exchange Board of India by mid-June post our annual general meeting,” Bhattacharyya said.

Bhattacharyya added that the company’s net profit would be around $1.7 billion in the current fiscal.

The company is now producing 430 million tonnes of coal, which is expected to reach 700 million tonnes over the next 10 years, Bhattacharyya said.

CIL has also secured exploration licences for two blocks in Mozambique and expects to start work there soon.

“We are expecting one billion tonnes reserves from these blocks,” he said.

Bhattacharyya also spoke about the company’s corporate social responsibilities. “As we are expanding our coal mining operations, its our responsibility to grow more trees than we have cut. We are passionately pursuing the afforestation programme.”

The company is adopting clean technology to reduce the impact of mining on the environment, he said.
Source:
Business News - INAS



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

Recent News

Wednesday, 30 June 10
PTBA TO SUPPLY ADDITIONAL 180 MLN TONS OF COAL TO PLN FOR 20 YEARS
COALspot.com: Indonesia's state-owned coal mining company PT Tambang Batubara Bukit Asam Tbk (PTBA) has entered into a new contract with state owne ...


Wednesday, 30 June 10
U.S. STEAM COAL EXPORTS TO SUPPORT FREIGHT RATES
Booming North American coal exports to China, driven by the country's insatiable need for steel raw materials, will provide support to freight rate ...


Tuesday, 29 June 10
EXPORT LETTER OF CREDIT PLAN DUMPED - THE JAKARTA GLOBE
The Jakartaglobe reported that, Indonesia has canceled a proposed regulation that would have required exporters of commodities such as cocoa, coffee ...


Tuesday, 29 June 10
BUMA TO MOVE AROUND 333 MLN BCM OF OVERBURDEN IN 2010
COALspot.com: PT Delta Dunia Makmur Tbk, holding company of Indonesia's second largest coal mining contractor PT Bukit Makmur Mandiri Utama (BUMA), ...


Tuesday, 29 June 10
DRY BULK'S DOWNFALL FINALLY SHOWING SIGNS OF STABILIZATION
Although the dry bulk market has begun the week where it left off, that is on a downward note, brokers and charterers appear to be on the consensus ...


   1149 1150 1151 1152 1153   
Showing 5751 to 5755 news of total 6871
News by Category
Popular News
 
Total Members : 28,623
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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