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

Tuesday, 19 January 10
CESC TO BUY 100,000 MT OF INDONESIAN SUB BITUMINOUS COAL
COALspot.com (India): CESC, India’s one of the largest and oldest private power producer is expected to issue a closed tender any time this we ...


Tuesday, 19 January 10
COAL FOR DOMESTIC USERS
While the government is already almost a year behind schedule in issuing regulations to implement the new mining law, mineral producers have been&nb ...


Tuesday, 19 January 10
RISING DEMAND FROM POWER FIRMS TO PUSH COAL PRICES
The resurgence of the Chinese economy, along with harsh winter conditions across the country, is likely to push coal prices up in the short term. In ...


Monday, 18 January 10
INDONESIA SHIPPED 15.90 PERCENT OF TOTAL COAL EXPORTS IN 2009 TO INDIA
COALspot.com (Indonesia): Indonesia, the world largest coal exporter, exported 19.07 percent of the total coal export in 2009  to China and 15. ...


Monday, 18 January 10
BHP TO SPEND $267 MILLION ON QUEENSLAND COKING COAL
BHP Billiton Ltd, the world’s largest mining company, will spend $267 million to accelerate development of the Caval Ridge mine and the Hay Po ...


   1214 1215 1216 1217 1218   
Showing 6076 to 6080 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 ...

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