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, 31 March 10
COAL INDIA MULLS JOINT VENTURE WITH RIO TINTO AND PEABODY - DNA
DNA reported that, Coal India Ltd. (CIL) has finalised two key contenders for its international joint venture (JV) in Australian and US each. The co ...


Wednesday, 31 March 10
DRY BULK MARKET STILL MODERATELY FALLING, BUT POSITIVE SIGNS APPEAR ON THE HORIZON - HELLENIC SHIPPING
The irregularities of the current dry bulk market have been more than evident in the fact that panamax vessels today earn more than their larger cap ...


Wednesday, 31 March 10
INDIKA ENERGYS PROFIT HIT BY FOREX LOSS AND CABOTAGE - THE JAKARTA GLOBE
The Jakarta Globe reportd that, PT Indika Energy posted a 30 percent drop in 2009 net profit due to a foreign exchange loss and impairment of intang ...


Wednesday, 31 March 10
ITMG TO UP COAL OUTPUT DESPITE PERMIT PROBLEMS - THE JAKARTA POST
The Jakarta Post reported that, the country’s third largest coal producer PT Indo Tambang Raya Megah (ITMG) said it can raise output although ...


Tuesday, 30 March 10
ANALYST SEES BDI LIFT, SUGGESTS DRY BULK SHORT SQUEEZE
Analysts at Credit Suisse are bullish on Diana and see a potential short squeeze elsewhere in the sector. The Baltic Dry Index (BDI) -- an industry ...


   1181 1182 1183 1184 1185   
Showing 5911 to 5915 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 ...

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