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

Thursday, 11 March 10
THE INDIAN MARKET WAS A BIT QUIET BUT STILL FIRM - FEARNLEYS AS
Handy - Atlantic activity has kept its firm tendency throughout the week for handies, with Atlantic RV´s fixed in the USD.16000 region. With s ...


Thursday, 11 March 10
COAL PRICES SET TO RISE AMID CONFUSION OVER QUARTERLY SYSTEM
Trading room reported that, Coal prices are tipped to rise in coming months amid constrained supply and ongoing Chinese demand, and analysts are con ...


Wednesday, 10 March 10
PROTECTED FORESTS NOW UP FOR GRABS FOR MINING
The Jakarta Post reported that, the government has just issued two new regulations on forests, which could allow protected forests to be used for co ...


Tuesday, 09 March 10
REGULATION NO.23 OF 2010 CONCERNING IMPLEMENTATION OF NEW MINING LAW, PROVIDES MORE CLARITY ON OBTAINING A IUP
COALspot.com: Indonesian government has recently issued another regulation related to Law number 4 of 2009 concerning mineral and coal mining. Two r ...


Tuesday, 09 March 10
MINING LAW OPTIMIZES SECTOR
Law No. 4 / 2009 on Mineral and Coal Mining have given a new direction for the future of mining in Indonesia, including Domestic Market Obligation, ...


   1188 1189 1190 1191 1192   
Showing 5946 to 5950 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 ...

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