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, 20 December 09
GLOBAL COAL MAJORS MAKE THEIR PRESENTATIONS


Major energy companies from four countries, including the U.S., Indonesia and South Africa, have completed detailed presentations before a committee which has been set up by Coal India (CIL). This was in response to the global expressions of interest (EoIs) invited by CIL for striking alliances with overseas coal majors.

Eight proposals

During this week, companies including Peabody Energy, Massey Energy, First Coal, Murray Energy made their presentations this week while two companies Rio Tinto and Xtrata have sought time till the first week of January 2009, officials connected with the development said. “These proposals will now have to be analysed — it is a huge amount of information which will need processing,” sources said. Altogether about eight proposals have been received. The committee before which representatives of the companies made their proposals comprise five functional directors, two independent directors and the Chairman and Managing Director of the Central Mine Planning and Development Institute (CMPDIL), CIL’s design and consultancy subsidiary. Once the process of presentation and the subsequent evaluation is completed, the proposals based on some criteria will shape up and the entire matter will be put up before the board, officials said.

CIL had floated in September this year, global EoIs for striking strategic partnerships with coal companies in the U.S., Australia, Indonesia and South Africa. The companies which made their presentations were among those shortlisted from the 52 companies which had responded to the EoI.

One of the main objectives behind the CIL initiative is to enter into long-term sourcing contracts to import coal at prices which are lower than the international price from these joint ventures. India now imports about 59 million tonnes of thermal and coking coal annually to bridge the demand-supply gap.

Aside from trying to ramp up coal production by CIL, which now accounts for 85 per cent of the country’s output, several initiatives have been taken by the Government to increase the availability of coal. These include acquisition of coal assets by CIL as well as through International Coal Ventures, the joint venture of five public sector companies. However this would involve a gestation period.

Aim is to secure long-term sourcing contracts

Rio Tinto, Xtrata seek time till first week of Jan.
Source: The Hindu



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

Recent News

Saturday, 06 February 10
FREIGHT WOULD CONTINUE TO BE SOFT NEXT WEEK - VISTAAR SHIPPING
COALspot.com (Singapore): The freight market continued to soften this week including  the stock markets. The main reason seems to be Chinese ne ...


Saturday, 06 February 10
COAL MINISTRY SEEKS CUT IN IMPORT DUTY
The coal ministry wants the finance ministry to reduce the 5.1% import duty on thermal coal and continue with the existing zero import duty on cokin ...


Friday, 05 February 10
IN 2010, CHINA COAL OUTPUT TO REACH AROUND 3.3BLN T
It is expected that China's coal production in 2010 will reach around 3.3bln tons. It is predicted that in the first quarter of 2010, the tight coa ...


Thursday, 04 February 10
INDIA REMAINS FIRM - FEARNRESEARCH
CHARTERING - DRY BULK Handy The BSI has continued it´s downward movement for 2 weeks now.Nevertheless activity in the atlantic remains bu ...


Thursday, 04 February 10
INFRASTRUCTURE DEVELOPMENT & INFRASTRUCTURE ASIA 2010
ASIA-PACIFIC MINISTERIAL CONFERENCE ON PUBLIC-PRIVATE PARTNERSHIPS FOR INFRASTRUCTURE DEVELOPMENT & INFRASTRUCTURE ASIA 2010 IPFA TO JOIN INF ...


   1203 1204 1205 1206 1207   
Showing 6021 to 6025 news of total 6871
News by Category
Popular News
 
Total Members : 28,635
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
  • ACC Limited - India
  • BNP Paribas - Singapore
  • Coastal Gujarat Power Limited - India
  • Bangladesh Power Developement Board
  • Cigading International Bulk Terminal - Indonesia
  • White Energy Company Limited
  • Kapuas Tunggal Persada - Indonesia
  • Global Coal Blending Company Limited - Australia
  • PTC India Limited - India
  • Pendopo Energi Batubara - Indonesia
  • KPMG - USA
  • Sinarmas Energy and Mining - Indonesia
  • Peabody Energy - USA
  • Petrochimia International Co. Ltd.- Taiwan
  • Barclays Capital - USA
  • Sical Logistics Limited - India
  • Pipit Mutiara Jaya. PT, Indonesia
  • Gresik Semen - Indonesia
  • UBS Singapore
  • Baramulti Group, Indonesia
  • Maybank - Singapore
  • Noble Europe Ltd - UK
  • Price Waterhouse Coopers - Russia
  • Interocean Group of Companies - India
  • APGENCO India
  • Merrill Lynch Bank
  • Coal and Oil Company - UAE
  • Adani Power Ltd - India
  • Banpu Public Company Limited - Thailand
  • Indorama - Singapore
  • Parry Sugars Refinery, India
  • Commonwealth Bank - Australia
  • WorleyParsons
  • Therma Luzon, Inc, Philippines
  • Lafarge - France
  • Mitra SK Pvt Ltd - India
  • Asian Development Bank
  • Bukit Makmur.PT - Indonesia
  • Port Waratah Coal Services - Australia
  • TANGEDCO India
  • Runge Indonesia
  • Kaltim Prima Coal - Indonesia
  • Billiton Holdings Pty Ltd - Australia
  • Deutsche Bank - India
  • Goldman Sachs - Singapore
  • Maharashtra Electricity Regulatory Commission - India
  • Clarksons - UK
  • The University of Queensland
  • Directorate General of MIneral and Coal - Indonesia
  • Arutmin Indonesia
  • Marubeni Corporation - India
  • Coaltrans Conferences
  • Bulk Trading Sa - Switzerland
  • Shree Cement - India
  • Electricity Authority, New Zealand
  • globalCOAL - UK
  • Indonesia Power. PT
  • Thiess Contractors Indonesia
  • Thriveni
  • Eastern Coal Council - USA
  • TeaM Sual Corporation - Philippines
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Kobexindo Tractors - Indoneisa
  • Wilmar Investment Holdings
  • BRS Brokers - Singapore
  • Gujarat Electricity Regulatory Commission - India
  • Arch Coal - USA
  • Indian Energy Exchange, India
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Indian Oil Corporation Limited
  • Kumho Petrochemical, South Korea
  • KOWEPO - South Korea
  • McConnell Dowell - Australia
  • New Zealand Coal & Carbon
  • Binh Thuan Hamico - Vietnam
  • Intertek Mineral Services - Indonesia
  • Leighton Contractors Pty Ltd - Australia
  • GVK Power & Infra Limited - India
  • Xindia Steels Limited - India
  • Orica Australia Pty. Ltd.
  • Bhatia International Limited - India
  • Aditya Birla Group - India
  • EIA - United States
  • Barasentosa Lestari - Indonesia
  • GN Power Mariveles Coal Plant, Philippines
  • Oldendorff Carriers - Singapore
  • Cosco
  • Bhoruka Overseas - Indonesia
  • Manunggal Multi Energi - Indonesia
  • Romanian Commodities Exchange
  • Idemitsu - Japan
  • Krishnapatnam Port Company Ltd. - India
  • NALCO India
  • Agrawal Coal Company - India
  • ICICI Bank Limited - India
  • Argus Media - Singapore
  • Rudhra Energy - India
  • Metalloyd Limited - United Kingdom
  • IOL Indonesia
  • Gujarat Sidhee Cement - India
  • Iligan Light & Power Inc, Philippines
  • Mintek Dendrill Indonesia
  • Energy Development Corp, Philippines
  • HSBC - Hong Kong
  • TGV SRAAC LIMITED, India
  • SASOL - South Africa
  • Medco Energi Mining Internasional
  • Mjunction Services Limited - India
  • Australian Coal Association
  • SMC Global Power, Philippines
  • Vijayanagar Sugar Pvt Ltd - India
  • Siam City Cement PLC, Thailand
  • The India Cements Ltd
  • Miang Besar Coal Terminal - Indonesia
  • Star Paper Mills Limited - India
  • Mechel - Russia
  • Larsen & Toubro Limited - India
  • KPCL - India
  • Coal India Limited
  • Cardiff University - UK
  • GB Group - China
  • Petrosea - Indonesia
  • IMC Shipping - Singapore
  • Indogreen Group - Indonesia
  • ETA - Dubai
  • PLN Batubara - Indonesia
  • Coalindo Energy - Indonesia
  • Semirara Mining and Power Corporation, Philippines
  • Directorate Of Revenue Intelligence - India
  • Cargill India Pvt Ltd
  • Infraline Energy - India
  • TNB Fuel Sdn Bhd - Malaysia
  • Neyveli Lignite Corporation Ltd, - India
  • Samsung - South Korea
  • Vizag Seaport Private Limited - India
  • Semirara Mining Corp, Philippines
  • Kideco Jaya Agung - Indonesia
  • South Luzon Thermal Energy Corporation
  • RBS Sempra - UK
  • Credit Suisse - India
  • Mitsubishi Corporation
  • SGS (Thailand) Limited
  • PetroVietnam Power Coal Import and Supply Company
  • Eastern Energy - Thailand
  • Kartika Selabumi Mining - Indonesia
  • CoalTek, United States
  • The Treasury - Australian Government
  • Savvy Resources Ltd - HongKong
  • LBH Netherlands Bv - Netherlands
  • IEA Clean Coal Centre - UK
  • Merrill Lynch Commodities Europe
  • IHS Mccloskey Coal Group - USA
  • Borneo Indobara - Indonesia
  • Platts
  • Jaiprakash Power Ventures ltd
  • TRAFIGURA, South Korea
  • Dalmia Cement Bharat India
  • Asmin Koalindo Tuhup - Indonesia
  • Ind-Barath Power Infra Limited - India
  • Tamil Nadu electricity Board
  • Jindal Steel & Power Ltd - India
  • UOB Asia (HK) Ltd
  • Formosa Plastics Group - Taiwan
  • Malco - India
  • SN Aboitiz Power Inc, Philippines
  • Kobe Steel Ltd - Japan
  • PNOC Exploration Corporation - Philippines
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Bukit Asam (Persero) Tbk - Indonesia
  • Berau Coal - Indonesia
  • World Bank
  • Indian School of Mines
  • Pinang Coal Indonesia
  • Sindya Power Generating Company Private Ltd
  • Georgia Ports Authority, United States
  • Chettinad Cement Corporation Ltd - India
  • KEPCO - South Korea
  • Adaro Indonesia
  • Siam City Cement - Thailand
  • Jorong Barutama Greston.PT - Indonesia
  • Kalimantan Lumbung Energi - Indonesia
  • Indo Tambangraya Megah - Indonesia
  • GHCL Limited - India
  • U S Energy Resources
  • Central Java Power - Indonesia
  • AsiaOL BioFuels Corp., Philippines
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Madhucon Powers Ltd - India
  • Kepco SPC Power Corporation, Philippines
  • Bangkok Bank PCL
  • Ambuja Cements Ltd - India
  • Tanito Harum - Indonesia
  • Kohat Cement Company Ltd. - Pakistan
  • Minerals Council of Australia
  • GAC Shipping (India) Pvt Ltd
  • Geoservices-GeoAssay Lab
  • Core Mineral Indonesia
  • Bhushan Steel Limited - India
  • Ceylon Electricity Board - Sri Lanka
  • Latin American Coal - Colombia
  • Independent Power Producers Association of India
  • EMO - The Netherlands
  • SUEK AG - Indonesia
  • Maheswari Brothers Coal Limited - India
  • McKinsey & Co - India
  • Surastha Cement
  • MEC Coal - Indonesia
  • Inco-Indonesia
  • Holcim Trading Pte Ltd - Singapore
  • Economic Council, Georgia
  • Antam Resourcindo - Indonesia
  • Africa Commodities Group - South Africa
  • Russian Coal LLC
  • Inspectorate - India
  • Tata Chemicals Ltd - India
  • Bank of America
  • Asia Cement - Taiwan
  • Jatenergy - Australia
  • Edison Trading Spa - Italy
  • Alfred C Toepfer International GmbH - Germany
  • Platou - Singapore
  • Standard Chartered Bank - UAE
  • JPower - Japan
  • MS Steel International - UAE
  • Thai Mozambique Logistica
  • Enel Italy
  • Mitsui
  • Trasteel International SA, Italy
  • Coeclerici Indonesia
  • Globalindo Alam Lestari - Indonesia
  • DBS Bank - Singapore
  • PetroVietnam
  • Vedanta Resources Plc - India
  • SMG Consultants - Indonesia
  • Permata Bank - Indonesia
  • CIMB Investment Bank - Malaysia
  • Grasim Industreis Ltd - India
  • GNFC Limited - India
  • London Commodity Brokers - England
  • Indonesian Coal Mining Association
  • Heidelberg Cement - Germany
  • Makarim & Taira - Indonesia
  • IBC Asia (S) Pte Ltd
  • Energy Link Ltd, New Zealand
  • Samtan Co., Ltd - South Korea
  • CNBM International Corporation - China
  • Fearnleys - India
  • Malabar Cements Ltd - India
  • European Bulk Services B.V. - Netherlands
  • Maersk Broker
  • Humpuss - Indonesia
  • GMR Energy Limited - India
  • VISA Power Limited - India
  • OCBC - Singapore
  • Lanco Infratech Ltd - India
  • Chamber of Mines of South Africa
  • Videocon Industries ltd - India
  • Rio Tinto Coal - Australia
  • Bahari Cakrawala Sebuku - Indonesia
  • JPMorgan - India
  • Salva Resources Pvt Ltd - India
  • Straits Asia Resources Limited - Singapore
  • Renaissance Capital - South Africa
  • Toyota Tsusho Corporation, Japan
  • J M Baxi & Co - India
  • Vale Mozambique
  • Total Coal South Africa
  • ASAPP Information Group - India
  • Meenaskhi Energy Private Limited - India
  • Sucofindo - Indonesia
  • Bank of China, Malaysia
  • Simpson Spence & Young - Indonesia
  • Ernst & Young Pvt. Ltd.
  • PLN - Indonesia
  • Mercator Lines Limited - India
  • Qatrana Cement - Jordan
  • Planning Commission, India
  • Thermax Limited - India
  • Britmindo - Indonesia
  • Ministry of Mines - Canada
  • Maruti Cements - India
  • NTPC Limited - India
  • World Coal - UK
  • Freeport Indonesia
  • Thomson Reuters GRC
  • Riau Bara Harum - Indonesia
  • Moodys - Singapore
  • Electricity Generating Authority of Thailand
  • Gupta Coal India Ltd
  • SRK Consulting
  • Rashtriya Ispat Nigam Limited - India
  • Deloitte Consulting - India
  • CESC Limited - India
  • San Jose City I Power Corp, Philippines
  • Karaikal Port Pvt Ltd - India
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Wood Mackenzie - Singapore
  • Uttam Galva Steels Limited - India
  • Anglo American - United Kingdom
  • Sree Jayajothi Cements Limited - India
  • Bayan Resources Tbk. - Indonesia
  • CCIC - Indonesia
  • Gujarat Mineral Development Corp Ltd - India
  • Global Business Power Corporation, Philippines
  • Panama Canal Authority
  • Thailand Anthracite
  • Attock Cement Pakistan Limited
  • Sakthi Sugars Limited - India
  • bp singapore
  • Australian Commodity Traders Exchange
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Shenhua Group - China
  • ING Bank NV - Singapore
  • ANZ Bank - Australia
  • Coal Orbis AG
  • Singapore Mercantile Exchange
  • Altura Mining Limited, Indonesia
  • International Coal Ventures Pvt Ltd - India
  • Ministry of Transport, Egypt
  • Vitol - Bahrain
  • Power Finance Corporation Ltd., India
  • Indika Energy - Indonesia
  • Xstrata Coal
  • Sojitz Corporation - Japan
  • Cement Manufacturers Association - India
  • Meralco Power Generation, Philippines
  • Cebu Energy, Philippines
  • Bukit Baiduri Energy - Indonesia
  • Cemex - Philippines
  • The State Trading Corporation of India Ltd
  • Ministry of Finance - Indonesia
  • Aboitiz Power Corporation - Philippines
  • Sarangani Energy Corporation, Philippines
  • Bharathi Cement Corporation - India
  • Ince & co LLP
  • Orica Mining Services - Indonesia
  • Parliament of New Zealand
  • Japan Coal Energy Center
  • Tata Power - India
  • Mercuria Energy - Indonesia
  • Petron Corporation, Philippines
  • Posco Energy - South Korea
  • Carbofer General Trading SA - India
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Timah Investasi Mineral - Indoneisa
  • Central Electricity Authority - India
  • Karbindo Abesyapradhi - Indoneisa
  • Reliance Power - India
  • India Bulls Power Limited - India
  • TNPL - India
  • OPG Power Generation Pvt Ltd - India
  • Global Green Power PLC Corporation, Philippines
  • Essar Steel Hazira Ltd - India
  • Glencore India Pvt. Ltd