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

Tuesday, 17 November 09
JSW STEEL MAY SPEND $500 MILLION TO ACQUIRE COAL MINES OVERSEAS
JSW Steel Ltd., India’s third- biggest producer, may spend $500 million buying coal mines overseas, securing supplies for its local expansion. ...


Monday, 16 November 09
141 VESSELS ARE EXPECTED TO LOAD 8.833 MILLION TONS OF INDONESIAN COAL BEFORE 30 NOVEMBER 2009
COALspot.com (Indonesia): 141 vessels are expected to load or sail with 8.833 million tons of Indonesian coal before 30 November 2009. A source f ...


Saturday, 14 November 09
SHORT PERIOD RATES FOR SUPRAMAX WAS AT US$ 19,000 / 20,000 PER DAY FOR VESSELS OPENING FAR EAST / SE ASIA - VISTAAR SINGAPORE
COALspot.com (Singaproe): BDI continues to rally crossing the 4,000 mark. The BDI increased this week by 718 points up by 21 pct and closed at 4,111 ...


Saturday, 14 November 09
CHINA HAS BEEN THE LARGEST SINGLE BUYER OF INDONESIAN COAL IN OCTOBER, TAKING 24.37% OF TOTAL EXPORT QUANTITY OF 22.637 MILLION TONS
COALspot.com (Indonesia): China has been the largest single buyer of Indonesian coal in October 2009, taking 24.37% of  total export quantity o ...


Saturday, 14 November 09
ASIA'S POWER SECTOR IS INVESTING IN COALMINES TO SECURE SUPPLIES
COALspot.com (Press Release): Asia Coal Power conference in Jakarta pinpoints growing power demand in Asia & Power sector investments in Indones ...


   1248 1249 1250 1251 1252   
Showing 6246 to 6250 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 ...

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