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

Saturday, 22 May 10
INDUSTRY QUESTIONS STEAM COAL PRICE ANOMALY
Five South Korean utilities have secured a deal for 3.13 million tonnes of Australian thermal coal with a calorific value of 6,080kcal/kg for delive ...


Wednesday, 19 May 10
DRY BULK FREIGHT RATES' RALLY MAY BE SET TO END
The Baltic Dry Index (BDI) has rallied these past couple of weeks, almost touching the 4,000 point mark. But this positive development for dry bulk ...


Wednesday, 19 May 10
NEWCASTLE WEEKLY EXPORTS RISE; SHIP QUEUE LENGTHENS
Coal shipments from Australia's Newcastle port, the world's biggest export harbor for the fuel used in power stations, rose 2.9 percent last week ...


Tuesday, 18 May 10
THE BDI HIT A FIVE-MONTH HIGH AT THE CLOSE OF LAST WEEK
According to BRS, One of the oldest ship broker, at 3,929 points, the BDI hit a five-month high at the close of last week. The Capesize four time ch ...


Tuesday, 18 May 10
COAL TRADER CHINA QINFA TO BUY TWO BULK CARRIERS FOR 69 MLN USD
China Qinfa Group, a leading non-State-owned coal trader on China's mainland, said Sunday it had signed shipbuilding contracts to pay 69 million U. ...


   1164 1165 1166 1167 1168   
Showing 5826 to 5830 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 ...

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