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

Monday, 28 December 09
INDONESIAN MINER LINKED TO FUGITIVE FINANCIER
The Energy Ministry is unlikely to approve the transfer of ownership of coal miner PT Riau Baraharum on allegations it is indirectly owned by fugiti ...


Monday, 28 December 09
SOMALI PIRATES SAY $4 MILLION RANSOM PAID FOR COAL SHIP
A helicopter dropped a $4 million ransom payment on Sunday on to the deck of a Chinese coal ship hijacked by Somali pirates in mid-October, a pirate ...


Saturday, 26 December 09
COAL INDIA, RIO TINTO MAY HOLD TALKS SOON ON TIE-UP
State owned Coal India Limited (CIL), which is in the race for acquisition of overseas coal properties to plug the demand supply shortfall of the dr ...


Saturday, 26 December 09
COKING COAL PRICES MAY RISE BY 10 - 15% FROM APRIL 2010
The price of coking coal, one of the key raw materials for steel production, is likely to increase by 10-15% in next April, the month in which m ...


Saturday, 26 December 09
COAL INDIA SECURES TWO BLOCKS IN MOZAMBIQUE
It's official now. Mozambique has awarded two coal acreages in its Maotize region with an estimated one billion tonne reserves to Coal India Ltd bu ...


   1227 1228 1229 1230 1231   
Showing 6141 to 6145 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 ...

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