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

Wednesday, 28 October 09
INVESTMENT IN MINING SECTOR HAMPERED BY LATE REGULATIONS
The Jakarta Post reported that, Indonesia may have to wait for a potential massive inflow of new investment into the mining sector due to delays in ...


Tuesday, 27 October 09
CHINA'S SEPT. COAL IMPORTS RISE AS ECONOMY RECOVERS
Bloomberg reported that, China, the world’s largest coal user and producer, increased imports of the fuel in September to meet rising domest ...


Monday, 26 October 09
DARWIN EYES PRIVATE INVESTMENT
The Jakarta Post reported that, the new energy and ministerial resources minister, Darwin Zahedy Saleh, has set his sights on accelerating the reali ...


Sunday, 25 October 09
THE FUTURE FREIGHT MARKET IS EXPECTED TO HAVE POSITIVE DIRECTION - VISTAAR
COALspot.com (Singapore): According to Vistaar Shipping an experienced ship operator in Singapore, the BDI shot up this week (19-24 October) by abou ...


Saturday, 24 October 09
NTPC SEEKS ALTERNATE COAL SUPPLY FOR KAHALGAON
State-run NTPC is looking at alternate sources of coal to fire its Kahalgaon (Bihar) and Farakka (West Bengal) and power stations, which are facing ...


   1259 1260 1261 1262 1263   
Showing 6301 to 6305 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 ...

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