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
Sunday, 15 November 09
NALCO SHELVES SA PROJECT- PUTS IRAN PROJECT ON HOLD


The Economic Times reported that, In a twin decision on its global operations involving about Rs 27,000-crore (US$ 5.847billions) investment, the state-owned aluminium major Nalco has shelved  its proposed project in South Africa, and has put on hold the one in Iran.

Nalco had planned a Rs 17,000-crore (US$ 3.681 billions) project in South Africa to set up a 5-lakh (0.5 million) tonne aluminium smelter plant and a 1,250-MW power plant. However, both these projects have been abandoned now as the company has found that there is no sufficient coal in the offered reserves to feed the ventures, Nalco Director Finance B L Bagra told PTI.

"We could not get coal resource as required to run the captive power plant which was to feed the smelter project. The authorities there had offered some blocks, but it was not sufficient to meet our requirement," Bagra explained.

The Nalco official has also informed that the company has put on hold the Rs 10,000-crore (US$ 2.165 billions) Iranian project, which involved setting up a 3.3-lakh (0.33 million) tonne aluminium smelter plant and an 800-MW power station, as the company has so far been unable to tie up funds for the project.

"In Iran, we are still not able to tie up funds for the project. The project, thus, is currently on hold," Bagra said, adding, however, that the company is still in the process of securing finances for the project. But did not name the prospective lenders with whom the firm is in talks.

Meanwhile, Nalco said it is going ahead with its Rs 17,000 (US$ 3.681 billions) - project in Indonesia to set up 5-lakh (0.5 million) tonne aluminium smelter and 1,250-MW power plant. (1 USD = 46.1800 INR)
Source: The Economic Times



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

Recent News

Friday, 20 November 09
CHINESE COKING COAL SUPPLY TO BE 'TIGHT' IN 2010, KGI SAYS
Bloomberg Reported that, Stephen Wang, an analyst with KGI Securities in Taipei, comments on the outlook for Chinese steel production and demand for ...


Friday, 20 November 09
INDONESIAN CO PLANS JV WITH NAGARJUNA
Economic Times reported that, Infrastructure firm Nagarjuna Constructions Company (NCC) is set to form a joint venture with an Indonesian coal minin ...


Thursday, 19 November 09
S. KOREA TO BUY COAL FROM CHINA FOR US$ 85-90/T IN 2010
Head of one S. Korea power company on November 18 unveiled that S. Korea’s power companies may purchase coal from China at the contract price ...


Thursday, 19 November 09
SNAPSHOT OF INDONESIA'S COAL INDUSTRY - FACT BOX BY REUTERS
Indonesian plans to cap coal exports to meet domestic demand will not hit global supplies in the near term, but could start to bite in three to five ...


Thursday, 19 November 09
INDONESIA COAL EXPORTS CURB WILL TAKE TIME TO BITE
Indonesia's plans to cap coal exports to satisfy demand at home are unlikely to crimp global supplies for as long as five years, when new power pla ...


   1246 1247 1248 1249 1250   
Showing 6236 to 6240 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 ...

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