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
Friday, 04 December 09
SUBHASH PROJECTS BEGINS MINING AT INDONESIAN COAL BLOCK


Kolkata-based infrastructure company Subhash Projects and Marketing (SPML) has begun mining at its coal block in Indonesia and will begin despatching coal next month, chairman Anil Sethi said.

SPML had acquired the PT Bism mine along with power equipment maker Emco last year for about $40 million. SPML holds 55% in the mine and Emco the rest. "The infrastructural activity at the mine was on for a year and we began mining last month," Sethi said. The mine has reserves of over 100 million tonnes. "We plan to export the coal to all across Asia, including India," he said.

The Indonesian government had last month proposed a plan to cap the export of coal at 150 million tonnes a year to meet the demand of local companies. The plan could come into force next year. "After the ban we would supply about 25-30% of the coal to local companies and export the rest," Sethi said. He added that the mine would start booking revenues next fiscal. He did not reveal how much the company expects the mine to contribute to the topline. "The market is volatile right now, so we can make a projection in a couple of months," he added.

SPML has an order-book of Rs 3,800 crore, about 60% of which comes from water contracts, 25% from infrastructure and 15% from power, which includes rural electrification, sub-stations and transmission lines. Their contribution to the topline is in a similar proportion.

"We are not very keen on rural electrification projects because of issues with villagers and panchayats," said Sethi. The share of power contracts in the order-book was 40% last year. SPML is one of the biggest companies in the water space, with projects spread across the country. SPML is also developing 42 mw of hydro power in Himachal Pradesh.
Source: DNA India



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

Recent News

Wednesday, 16 September 09
NAPOCOR GETS 3 OFFERS IN COAL TENDER
ABS-CBN news reported that, The Philippines' state-run National Power Corp. (Napocor) said on Wednesday it received offers from 3 Indonesian firms ...


Wednesday, 16 September 09
S.KOREA KOSEP BUYS 1.06 MLN T COAL-SOURCE
* 6,080 kcal/kg at $63-65, 4,900-5,350 kcal/kg at $56-58 * Initially about 5 mln T offered for tender Reuters reported that,  Korea South ...


Tuesday, 15 September 09
CHINA COAL EXPORT ROSE M-O-M FOR THE STRAIGHT 3 MONTHS
Alibaba reported that, In the January-August period, China coal exports slid by 55.9% to 14.83mln tons month on month. In August, China exported 1.9 ...


Monday, 14 September 09
CIL MAY REDUCE FLOOR PRICE OF E-AUCTION COAL
After receiving a lukewarm response to the forward e-auction started in two of its subsidiaries, Coal India Limited (CIL) is mulling to reduce the f ...


Monday, 14 September 09
INDONESIAN GOVT UPBEAT ABOUT $1.5B, 185-KM COAL RAILWAY PROJECT
In addition to a 30-year concession right, the government will also award a competitive pricing scheme as an incentive to lure investors in a US$1.5 ...


   1283 1284 1285 1286 1287   
Showing 6421 to 6425 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 ...

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