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 : 28,618
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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