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, 21 October 09
INDONESIA'S BUKIT ASAM GETS COAL RAILWAY APPROVAL
Reuters reported that, Indonesian state coal miner PT Tambang Batubara Bukit Asam Tbk said on Wednesday it had been given government approval to sta ...


Wednesday, 21 October 09
COAL DEMAND SOARS AS ASIA ECONOMIES REBOUND - PEABODY
Reuters reported that, Demand for coal to generate electricity and make steel in China and India is expected to grow by 7 percent to 8 percent annua ...


Wednesday, 21 October 09
INDONESIAN SHOCK FOR INDIAN POWER PLANTS
Business-Standard reported that, India’s ambitious plans to generate an additional 180,000 Mw of power in the next seven years will face hurdl ...


Wednesday, 21 October 09
DUTA GRAHA PLANNING TO DELVE INTO MINING SECTOR
The Jakarta Globe reported that, PT Duta Graha, one of the country’s largest private engineering firms, says it intends to diversify into the ...


Tuesday, 20 October 09
RECAPITAL SET TO BUY INDONESIA'S BERAU COAL - SOURCES
* COULD PAY AT LEAST $1.3 BLN FOR BERAU - SOURCES * RECAPITAL CONFIRMS IT HAS BID FOR BERAU * BAKRIE GROUP LIKELY TO BACK BID – SOURCES ...


   1263 1264 1265 1266 1267   
Showing 6321 to 6325 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 ...

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