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
Tuesday, 08 December 09
MEC TO SHIP 2M T INDONESIA COAL TO INDIA IN 2010 - REUTER'S INTERVIEW


The UAE's Middle East Coal plans to start operation of coal mines in Indonesia's East Kalimantan province next year with initial production of 2 million tonnes destined for India, the firm's chief executive said.

Indonesia is the world's top exporter of thermal coal, and coal production in East Kalimantan, on the island of Borneo, accounts for more than half of the country's total coal output, forecast to reach around 230 million tonnes this year.

MEC is a joint venture between UAE investment fund RAK Minerals and Metals Investments (RMMI) and UAE-based mining company Trimex. RMMI won a license in March to build a 150-km (93-mile) rail link to take coal from a mine in East Kalimantan province to a coal terminal.

"We are looking at full-scale production starting in 2010 with a delivery of 2 million tonnes," Naveen Chandralal, Middle East Coal's chief executive officer, told Reuters in an e-mail, adding that it would also begin work on the coal rail project.

The coal will be all exported to India, Chandralal said.

Shipments will subsequently increase up to 32 million tonnes by 2015, he added.

MEC operates a greenfield coal concession in East Kalimantan with estimated resources of 2 billion tonnes of low-sulphur/low-ash thermal coal.

The firm has been in talks to buy equity stakes in India's power plants in exchange for a long-term supply deal.

"Although India is a key market for coal as the country continues to address its power requirement, MEC would like to be part of the Indian growth story rather than just a supplier of coal," Chandralal said.

MEC is close to finalising agreements to take equity stakes in Indian power plants, he said, but declined to identify them, saying that was confidential information.

India is expected to step up coal imports in 2012 for its new power projects as its own production lags.

The firm also expects to start construction of the railway project to link its mine in Muara Wahau to Bengalon port in East Kalimantan, in March 2010, Chandralal said, "with a view to commissioning the first cargo train by early 2012".

The firm has acquired about 80 percent of the land needed for the project, he said. The project is estimated to cost around $1 billion, the firm has said.

Indonesia mostly uses waterways to ship coal as most coal mines are located near rivers or the open sea.
Source: Reuters



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

Recent News

Monday, 07 December 09
CHINA COKING COAL PRICE MAY RISE 14% ON DEFICIT, CITIGROUP SAYS
Coking coal prices in China, the world’s biggest steel producer, may rise 14 percent next year because of a supply deficit, Citigroup Inc. sai ...


Monday, 07 December 09
JSW STEEL TO SELL MOZAMBIQUE COAL MINE FOR RS 300 CRORE
JSW Steel may sell its coal mine in Mozambique to sister company JSW Energy as the mine has become commercially unviable for the steel producer, a t ...


Monday, 07 December 09
BLACK RIDGE MINING ENTERS AGREEMENT WITH INDONESIAN COAL PRODUCER
Australian-listed Black Ridge Mining has entered into an exclusive dealing and non-circumvention agreement with Indonesian coal producer PT. Inmas A ...


Sunday, 06 December 09
THE ECI / CHINA (S7) ROUTE SOFTENED AND WAS AT US$ 25,275 PER DAY - VISTAAR
COALspot.com (Singapore): "The market was bit soft in the beginning of the week, however towards mid week that market started to pick up and th ...


Sunday, 06 December 09
NEW MANGALORE PORT GETS UPCL'S FIRST COAL PARCEL FROM INDONESIA
The Lanco Group-promoted Udupi Power Corporation Ltd (UPCL) has received the first parcel of imported coal from Indonesia at the New Mangalore Port. ...


   1238 1239 1240 1241 1242   
Showing 6196 to 6200 news of total 6871
News by Category
Popular News
 
Total Members : 28,634
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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