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
Thursday, 13 January 11
SPML INFRA TO DOUBLE INDONESIA COAL MINE OUTPUT IN TWO YEARS - DNA INDIA


DNA India reported that, Kolkata-based infrastructure company SPML Infra, formerly Subhash Projects & Marketing Ltd, will in two years nearly double the production at its Indonesian coal mine to 2 million tonnes per annum (mtpa), said chief operating officer Rishabh Sethi.

The production this fiscal will be short of the targeted 1 million tonnes (mt), he said, adding, “Our plan is to increase it to 1.5-2 million tonnes in two years.”

The maximum production at the PT Bism mine in the East Kalimantan province is 3 mtpa, which will take over three years. “It will involve some additional expenditure,” he said.

SPML bought the mine in 2008 with power equipment maker Emco for $40 million. SPML holds 55% and Emco the rest in the mine, which is spread over 5,000 hectare and has reserves of 100 mt.

The companies began mining in November 2009 and produced 20,000 tonnes a month initially.

“We now produce 70,000 tonnes per month,” said Sethi.

Though the company plans to export to the rest of Asia including India, currently it only sells locally.

The coal terminal at the mine, including the jetty, has a capacity to handle 2.5 mtpa.

For the three months ended September 30, SPML’s net sales grew 20% from a year ago to Rs313.5 crore and net profit jumped 83% to Rs12.5 crore.

SPML at the end of the quarter had an order backlog of about Rs3,700 crore, over half of which is from water contracts. The company plans to end the year with a portfolio of Rs5,000 crore.

Other than water, SPML is engaged in roads, airports and civil & industrial construction, among others. It is also developing 30 mini-hydel projects, according to its website.

To meet its capital needs, SPML plans to raise by March up to Rs175 crore through a qualified institutional placement or a private placement at the subsidiary level.

On Wednesday, SPML Infra closed at Rs215 a share, 1.69% lower over the Tuesday’s close on the BSE.
Source: DNA India



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

Recent News

Monday, 07 February 11
RICHARDS BAY COAL TERMINAL EXPORTS SURGE, BUOYED BY ECONOMIC DEVELOPMENT IN CHINA AND INDIA
COALspot.com - Richards Bay Coal Terminal (RBCT) announced today that 2010 exports have exceeded the last two years’ performance, said in a re ...


Monday, 07 February 11
RBCT SHIPPED 28.67 PERCENT LESS COAL IN JANUARY
COALspot.com - Richards Bay Coal Terminal (RBCT) is the single largest export coal terminal in the world, shipped 4,389,925 MT of coal in January 20 ...


Sunday, 06 February 11
THE PANAMAX & SUPRAMAX FUTURES FOR 2011-2013 WAS AT AROUND US$ 16,500 & US$ 15,000 PER DAY RESPECTIVELY
COALspot.com - With the Chinese new year holidays this week, the market has been fairly quite as expected. The BDI saw a bigger drop compared to ...


Saturday, 05 February 11
INDONESIAN ENERGY MINISTER HAS SIGNED A DECREE FOR COAL TRANSPORTATION PERMITS ON FRIDAY
COALspot.com - Minister of Energy, Darwin Minister Saleh said, that, he had signed a decree for  transportation and sale of coal, which was the ...


Saturday, 05 February 11
ANCHORAGE LOADING POINT MOVED TO MUARA JAWA
COALspot.com - The Ministry of  Transportation Republic Indonesia has announced that, the loading point at Muara Berau, East kalimantan  h ...


   1077 1078 1079 1080 1081   
Showing 5391 to 5395 news of total 6871
News by Category
Popular News
 
Total Members : 28,622
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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