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
Tuesday, 30 June 09
ARCELORMITTAL, RIO, 8 OTHERS VIE FOR COAL INDIA MINES


Coal India Ltd. short-listed ArcelorMittal, Rio Tinto Group and eight other companies to develop its abandoned mines to help ease a shortage of coal used in power plants in Asia’s third-biggest economy.

State-owned Coal India is offering 18 of its abandoned mines for development, Chairman Partha S. Bhattacharyya said by telephone, confirming a report in the Business Standard newspaper today. The offered mines hold combined reserves of 1.6 billion metric tons, Bhattacharyya said.

Finding partners may help the country’s monopoly miner increase production by 29 percent within three years and allow the nation to avoid costly imports. India aims to add 13,000 megawatts of new power capacity every year, President Pratibha Patil told parliament June 4. Coal fuels half of India’s power- generation capacity.

“We are amongst the companies considering,” the mines, Ian Head, a spokesman for Rio Tinto, said in an e-mail today.

London-based Rio Tinto, JSW Steel Ltd., GVK Power & Infrastructure Ltd. and Essar Mineral Resources Ltd. were short- listed, according to the Business Standard report.

“Steel producers have captive power plants and if they can get mines that can assure coal supplies, they would be interested,” said Pawan Burde, an analyst at Angel Broking Ltd. in Mumbai. “Secondary steel producers use sponge iron where they need thermal coal and they may be trying to secure coal for future expansion plans.”

Steel demand growth may almost double the pace previously estimated with the government planning to spend $8.95 billion to build networks of roads, telephones, electricity and irrigation.

Coal Shortages

Coal India aims to complete the bidding process by the year-end, Bhattacharyya said. The company invited separate bids for the mines, owned by three of its units, he said.

“Our portion of the equity will largely be the mines,” Bhattacharyya said. “The partners can have 50 percent of the coal provided they have customers in the country.”

Coal India produced 403.7 million tons in the year that ended March, according to data on the company’s Web site. The company signed a 20-year agreement on May 29 to supply the fuel to the coal-fired plants of NTPC Ltd., the country’s biggest power producer.

India’s coal shortage will be about 228 million tons by the year ending March 2012, J. Goel, chief general manager of sales and marketing at Coal India, said on Feb. 24. Demand may reach 731 million tons a year by then, government estimates show.

Source: Bloomberg (http://www.bloomberg.com/apps/news?pid=20601091&sid=acVNNnCPXmhg)



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

Recent News

Saturday, 04 July 09
MINING CONTRACT SOUGHT FOR COAL AREA IN MASBATE
Because of its coal deposits, a town in Masbate is one of the sites in the country being sought out for exploration and development by mining compan ...


Saturday, 04 July 09
S. AFRICA'S RICHARDS BAY TO CAP NEW COAL VOLUMES, MININGMX SAYS
South Africa’s Richards Bay Coal Terminal is proposing restrictions on the quotas it awards to coal exporters from the so-called Phase 5 expansi ...


Saturday, 04 July 09
DALRYMPLE BAY COAL TERMINAL EXPANSION COMPLETE
BABCOCK & Brown Infrastructure has completed expansion of the Dalrymple Bay Coal Terminal (DBCT) near Mackay, Queensland. The terminal is now ...


Friday, 03 July 09
CHINA SHENHUA TO DOUBLE COAL CAPACITY BY 2014-PAPER
China Shenhua Energy Co Ltd plans to double its annual coal production capacity by 2014 from this year's level, the China Securities Journal report ...


Friday, 03 July 09
UKRAINE CUTS COAL PRODUCTION 9.3 PERCENT IN H1
Ukraine reduced coal production approximately 9.3%, or by 3.673 million tonnes, to 35.879 million tonnes in the first half of 2009 compared to the s ...


   1325 1326 1327 1328 1329   
Showing 6631 to 6635 news of total 6871
News by Category
Popular News
 
Total Members : 28,634
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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