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Tuesday, 08 March 11
INDIA'S VEDANTA TO ACQUIRE COAL MINES IN OVERSEAS


COALspot.com - India's Vedanta group is also looking at long-term off take agreements and possible acquire of coal mines overseas, the official said during 10th Anniversary Coaltrans India conference in The Taj Palace Hotel, New Delhi, India.

Vedanta is planning to import one million tons of coal to blend with Indian coal to feed its 2,400-MW power plant in Orissa, India. The IPP will supply power to Vedanta's aluminium plant.

Coaltrans conference in India was attended by hundreds of coal suppliers, coal consumers, coal traders and logistic  services companies. The conference will continue tomorrow.



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Recent News

Monday, 21 February 11
CHURCHILL MINING RECEIVES SIGNIFICANT INTEREST, PROPOSALS TO DEVELOP EAST KUTAI COAL PROJECT - PROACTIVE INVESTORS
Proactive Investors reported that, Churchill Mining  has received a number of specific proposals to fund and develop its massive East Kutai coa ...


Monday, 21 February 11
ABOLISH 5% DUTY ON COAL IMPORTS: SHINDE
Indian Express reported that, with acute coal shortage of domestic coal threatening to destabilise its power generation plans, the power ministry ha ...


Saturday, 19 February 11
THE FREIGHT MARKET EXPECTED TO BE STEADY NEXT WEEK - VISTAAR
COALspot.com - The market was quite firm this week with freight rates in South east asia and India/Feast almost up by 30 pct. However towards end ...


Thursday, 17 February 11
COAL-GEN EUROPE 2011 REAFFIRMS THE IMPORTANCE OF COAL
Press Release: The third COAL-GEN Europe conference and exhibition, kicked off on Tuesday 15 February, with leading experts, professionals and compa ...


Thursday, 17 February 11
UNCERTAINTY AND VOLATILITY - FEARNBULK
Handy Recovering market as evidenced by the solid USD 16k/day achieved by a handymax from Continent to east Med with scrap. More short period requ ...


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