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, 03 December 09
PROLONGED COAL MARGIN SQUEEZE AHEAD - WESCOAL
Mining Weekly reported that, Coal junior Wescoal foresees a continued margin squeeze ahead. The JSE AltX-listed company's gross margin was reduced ...


Tuesday, 01 December 09
COAL DEMAND REBOUNDING FROM DOWNTURN - U.S. MINING EXECS
The coal industry is slowly rebounding from last year's recession with demand and prices inching upward, although inventories at U.S. power ...


Tuesday, 01 December 09
INDONESIA COAL OUTPUT SEEN LIFTED BY CHINA, INDIA
Reuters reported that, Indonesia's coal output is expected to grow by as much as 12 percent in 2010, boosted by demand from power hungry China and ...


Monday, 30 November 09
NTPC SCOUTS FOR MORE COAL BLOCKS IN INDONESIA
State-run National Thermal Power Corporation (NTPC) today said it has identified three more coal blocks in Indonesia for acquisition. "We ha ...


Monday, 30 November 09
THE FUTURES FOR THREE YEARS (2010-2012) WAS SOFT COMPARED TO LAST WEEK - VISTAAR SINGAPORE
COALspot.com (Singapore): BDI continued to drop this week and touched below 4,000 mark level. The drop in BDI was almost 12 pct and closed at 3,975 ...


   1241 1242 1243 1244 1245   
Showing 6211 to 6215 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 ...

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