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
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 coal majors are Rio Tinto and US coal producer, Peabody Energy.

The Union coal minister, Sri Prakash Jaiswal said, “The CEO had come from the US for a meeting on Tuesday and an Indian delegations will fly to there by May-end for further negotiations.”

DNA Money was the first to break the story that CIL has hired RBS and other bankers for evaluating the coal companies.

Jaiswal added, “The deal has to meet our expectations. We want to bring in the latest technology, increase coal production, latest mining equipment and coal property purchase.”

The minister further said that CIL would be taken to the capital market in August-September and he expects it to be the biggest disinvestment from the government’s table.

The coal ministry is expecting a gap of 70 million tonnes, which it expects to import in the 12th five-year plan.

For the 11th Plan, the Planning Commission had a requirement of 604 million tonne, of which, CIL is able to produce 534 million tonne. The coal production for this year is up by 8%.

The minister also said that coal mining licenses, for all those companies who have not started mining in allotted mines, would be revoked.

Jaiswal said, “We have allocated 208 coal blocks in last three-four years and only 25 have been developed as per our survey. We had given it to private players thinking they would start mining fast, which is not the case. They are showing mines as property, so we have issued notices and are awaiting their responses. We will cancel the mine allocations if we find the reasons unjustified and false.”
Source: DNA ( By Pooja Sarkar & Shubhashish / DNA)



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

Recent News

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 ...


Tuesday, 30 March 10
CHINA'S DROUGHT RAISES COAL PRICES, LOWERS HYDROPOWER
Bloomberg reported that, Benchmark coal prices at Qinhuangdao, China’s largest port handling the fuel, rose for the first time in 10 weeks aft ...


   1181 1182 1183 1184 1185   
Showing 5911 to 5915 news of total 6871
News by Category
Popular News
 
Total Members : 28,697
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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