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, 02 October 09
C&O SEES INDONESIA COAL PURCHASES UP 20 PCT IN 2010


Reuters reported that, Dubai-based coal trader Coal & Oil (C&0) expects its coal purchases from Indonesia to increase by at least 20 percent next year, from 5 million tonnes this year, due to strong Indian demand, the firm's founder president said.

The firm is also seeking to buy new mines in Indonesia to secure coal supply for its new power plant, which is expected to start operation in 2012, Ahmed Buhari said late on Thursday.

"There's going to be more imports in the next 3-4 years, because of a slowdown of coal production and expansion of power capacity in India," Buhari told reporters on the sidelines of the opening ceremony at C&0's new office in Jakarta.

"We expect to export 5 million tonnes of Indonesian coal this year and next year it will increase by at least 20 percent," he said.

India's coal imports have grown rapidly from almost nothing five years ago to a projected 70 million tonnes in the next fiscal year. Imports will continue to rise fast over the next 10-15 years because domestic supply cannot meet demand.

Privately-owned C&O, founded by Buhari in 1998, is one of the key players in the subcontinent. The company sells more than 6 million tonnes of imported coal a year and has supply agreements with major producers in Indonesia, South Africa and Australia.

The firm also plans to invest around $300 million within the next 3-5 years to buy mines in Indonesia as it seeks to secure coal supply for its 1,200-MW coal-fired power plant in Tuticori in Tamil Nadu at southern India, Buhari said.

"We are looking at buying (new mines), joint-venture, financing and offtake agreements, anything," he said.

The power plant is designed to use low-quality Indonesian coal.

The firm is currently in talks with a number of Indonesian coal miners for possible joint-venture agreements, but Buhari declined to give details With the new power plants and growing demand, C&O expects to import 20 million tonnes of coal within the next 5 years, with Indonesian coal accounting for 70-80 percent, he said.
Source: Reuters



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

Recent News

Wednesday, 07 October 09
ADARO SECURES $500 M LOAN
The Jakarta Post reported that, The country's second largest coal producer, PT Adaro Energy announced on Wednesday that it has secured US$500 milli ...


Wednesday, 07 October 09
WORLD'S LEADING COAL-BASED PP PROJECT TO BEGIN TRIAL PRODUCTION NEXT YEAR IN NW CHINA
Xinhua Net reported that, a coal-based polypropylene (PP) production project in northwest China, believed to be the world's largest one, is to ...


Wednesday, 07 October 09
INDIA SAIL TO IMPORT 10-11 MLN T COAL IN FY10 - EXEC
Reuters reported that, Steel Authority of India Ltd plans to import 10-11 million tonnes of coal in the current year to March, below last year's 13 ...


Wednesday, 07 October 09
DOMESTIC SHIPPING FIRMS READY FOR NEW RULES ON COAL, INDUSTRY GROUP SAYS
The Jakarta Globe reported that, The domestic coal-shipping sector is ready for the introduction of shipping regulations requiring all power station ...


Wednesday, 07 October 09
CHINESE BANK MAY PULL OUT OF SUMATRA COAL RAILWAY
The Jakarta Globe reported that, The Export-Import Bank of China may pull out of a $1.28 billion South Sumatra coal-railway project with state-owned ...


   1272 1273 1274 1275 1276   
Showing 6366 to 6370 news of total 6871
News by Category
Popular News
 
Total Members : 28,706
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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