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
Monday, 05 October 09
BANPU EYES INCREASE IN COAL OUTPUT


The Nation reported that, Banpu plans to boost its coal output to 23 million tonnes next year once production begins at the East Block of its Indominco mine and the Gaohe mine in China

 "We plan to boost our production by 12 to 15 per cent from our target of 20.5 million tonnes for this year in a bid to serve increasing demand once the global economy picks up," said chief executive officer Chanin Vongkusolkit.

The Gaohe mine, in which Banpu holds 45 per cent, is expected to start operation in the second half of 2010 with a target production of 1 million tonnes. The mine will have full production capacity of 6 million tonnes by 2013.

The company expects to maintain coal sales at 20.5 million tonnes this year even though it only sold 8.6 million tonnes in the first six months.

Its average coal price in 2009 would be around US$71-$72 (Bt2,378-Bt2,411) per tonne, he said.

Banpu targets revenue of Bt57 billion this year, a slight increase on Bt56.83 billion in 2008. In the first half of this year, it generated revenue of Bt33.07 billion. Profit rose to Bt8.78 billion, slightly less than the profit for the whole of 2008, at Bt9.23 billion.

"We performed well in the first half thanks to the rising coal price. Despite the downward trend of the coal price in the second half, we are confident that our performance this year will be better than last year, and that we will hit our revenue target of Bt57 billion if the baht doesn't fluctuate too much," he said.

The coal price is expected to rise in the fourth quarter thanks to the global economic recovery and higher demand in winter.

Chanin added that robust economic growth in China and India would be a main factor pulling up global coal consumption in the coming year.

On a possible move by Banpu to diversify into the alternative energy business, including ethanol production and wind energy, Chanin said no final decision had yet been made because of the complicated issues of technology and environmental regulations.

"Over the next five years, we will focus on our coal operation, which is our core business. However, we see alternative energy as investment choices that would support sustainable development," he added.
Source: The Nation



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

Recent News

Tuesday, 13 October 09
JSW ENERGY SCOUTING FOR PARTNERS, ACQUISITIONS
Business-Standard reported that, JSW Energy is planning to become an integrated power company by bringing in a partner for its transmission business ...


Tuesday, 13 October 09
INDIA INTERESTED IN AMERICAN COAL
UPI reported that, Coal India Ltd. in its global expansion efforts is now interested in coal properties in the United States. The Business Standard ...


Tuesday, 13 October 09
RIVERSDALE MAY USE ZAMBEZI RIVER TO TRANSPORT MOZAMBIQUE COAL
Mining Weekly reported that, ASX-listed coal-miner Riversdale Mining would submit a feasibility study and an environmental-impact study (EIS) for it ...


Monday, 12 October 09
INDONESIAN COAL MINER SAYS PLANS IPO IN 2010
Reuters reported that, Indonesian coal miner PT Bhakti Energi Persada plans an initial public offering in the first quarter of 2010 to develop coal ...


Monday, 12 October 09
BISICHI MINING FINALIZES COAL SUPPLY CONTRACT FOR 2010-2012
Small Cap News reported that, Bisichi, the South Africa based coal mining group, has agreed a three year coal supply contract between its principal ...


   1268 1269 1270 1271 1272   
Showing 6346 to 6350 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 ...

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