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, 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 and in its proposed distribution business. The company has shortlisted three companies for the proposed partnership in transmission.

For its expansion plan, the company is planning to acquire coal mines abroad. It will invest Rs 14,048 crore over five years in power generation, transmission and mining. It plans to raise around Rs 3,000 crore through a public offer (IPO).

Pramod Menon, chief financial officer, JSW Energy, said, “The company’s main business is production, and going forward, we would like to become an integrated power company.”

JSW Energy has floated Jaigad Power Transco, a joint venture company floated with Maharashtra State Power Transmission. JSW Energy holds 74 per cent stake in the company, which bagged a Rs 580-crore order for a 169 km transmission line. To strengthen this business, the company plans to bring in a technology partner. “We are talking to three foreign companies for a potential technology tie-up. We will not dilute any stake and the partnership would be on a project-to-project basis.” The company is also planning to foray into power distribution business through the same model, said Menon.

On the power production business, he said the company planned to invest Rs 14,048 crore over five years. Of this, Rs 9,500 crore will be invested before March 2011. He said the company commissioned a 600 Mw power plant in Vijayanagar, Karnataka, and a 135 Mw plant in Barmer, Rajasthan. With the recent addition of 735 Mw, the company now has 995 Mw generating capacity.

JSW Energy’s power generation capacity is likely to go up to 3,140 Mw by April 2011 and 11,390 Mw by September 2015. The new plants will be in Karnataka, West Bengal, Jharkhand, Rajasthan, Maharashtra, Himachal Pradesh and Chhattisgarh.

On acquisition of coal mines, Menon said the company required six million tonnes of coal per annum. “To meet this demand, we are exploring the possibility of acquiring coal mines at Australia and Indonesia.” Due diligence is in process,” added Menon.
Source: Business-Standard



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

Recent News

Thursday, 20 August 09
INDONESIA'S DELTA DUNIA BUYS COAL FIRM FOR $550 MLN
* Delta Dunia to acquire BUMA for $550 million * Expect to complete the deal in the fourth quarter of 2009 * Delta Dunia has appointed Barclays Ca ...


Thursday, 20 August 09
MUNDRA PORT BAGS MORMUGAO PORT COAL TERMINAL DEVELOPMENT CONCESSIONS
NDTV reported that, Mundra Port and Special Economic Zone (Mundra Port) the largest private port in India has won the bid for the development of coa ...


Thursday, 20 August 09
INDONESIA'S BUKIT ASAM SET FOR MINE ACQUISITIONS
* Allocates $150 million for coal mine acquisitions * Expects one deal to be completed by the end of 2009 Reuters world's largest international ...


Thursday, 20 August 09
INDONESIAN COAL EXPORT LESSENS IN FIRST SEMESTER
Domestic coal use has grown by five million tons. Viva News reported that, Domestic coal export up until the first half of 2009 decreased by four ...


Wednesday, 19 August 09
STEAM COAL PRICES ARE SINKING - THE GERMAN COAL IMPORTERS ASSOCIATION
COALspot.com (German): Oversupply in the World Market. In 2Q 2009  the steam coal prices sank massive in comparison to the previous years quart ...


   1296 1297 1298 1299 1300   
Showing 6486 to 6490 news of total 6871
News by Category
Popular News
 
Total Members : 28,619
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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