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, 19 January 10
ESSAR'S MEGA ACQUISITION PLANS


India’s Essar Group has carved a mega plan that includes a slew of acquisitions and investments in assets across various businesses. CNBC-TV18’s Sajeet Manghat reports.

As part of its mega acquisition plans, ETHL Communication, the group’s holding company for telecom services, will make equity investments of nearly USD 1 billion in its Mauritius subsidiary, which would invest these proceeds for various group acquisitions. ETHL Communication had raised Rs 4,500 crore via a debenture issue in January 2010.

The company will use proceeds for acquisitions of coal, steel, telecom and refining assets. As part of its acquisition targets, Essar will:

—      Acquire Shell’s refining assets for up to USD 975 million.
—      Acquire 78.84% stake in a South African coal mining company for USD 150 million.
—      Acquire 100% in an Indonesian company having rights to thermal exploration coal blocks for USD 110-120 million excluding USD 40 million capex.
—      Acquire 100% in a UK company with coal assets for USD 330 million. The company has coal assets in Australia.
—      Acquire 100% in a company owning metallurgical coal in the US for USD 225 million.
—      Acquire at least 51% in telecoms in Uganda and Congo for up to USD 200 million.

Additionally, Essar plans to invest an additional USD 1 billion in its US subsidiary Essar Steel Minnesota to set up a new iron ore pellet plant. The group will also invest up to USD 500 million in setting up steel services centres globally.

The Essar Group has either signed term sheets or advance negotiations for these assets.
Source: Money Control



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

Recent News

Wednesday, 17 February 10
LAND OVERLAPPING UNAVOIDABLE
Land overlapping issues in the mining industry is unavoidable due to the availability of mineral, coal, and oil resources which are often located be ...


Wednesday, 17 February 10
JORONG COULD COST BANPU 5%
Banpu Plc, Asean's biggest coal miner, forecasts a 5% drop in revenue if its suspended coal mine in Indonesia is closed for one year, says presiden ...


Wednesday, 17 February 10
RUSSIA KRU JAN COAL EXPORTS DOWN 4 PCT
Kuzbassrazrezugol, Russia's second largest steam coal producer, exported 1.859 million tonnes of coal last month, down 80,000 tonnes or 4 percent f ...


Wednesday, 17 February 10
VEDANTA SET FOR PORTS ENTRY WITH VIZAG TENDER
Vedanta, along with Leighton Contractors India, quoted a revenue share of 38.1% to win the 30-year contract Mining and metals conglomerate Vedant ...


Tuesday, 16 February 10
TRENDS DRY BULK MARKET ... TRENDS - BRS
The start of the Chinese New Year had an immediate impact on rates and for once all the dry bulk segments lost similar ground. The BDI fell 5%, a ...


   1196 1197 1198 1199 1200   
Showing 5986 to 5990 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 ...

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