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

Thursday, 07 January 10
INDONESIAS COAL OUTPUT MAY RISE TO 309 MILLION TONS IN 2014 - BLOOMBERG
Indonesia’s coal production may rise to 309 million tons by 2014 from an estimated 250 million tons this year, Bambang Setiawan, director-gene ...


Wednesday, 06 January 10
RICHARDS BAY SAYS 46% OF COAL EXPORTS WENT TO EUROPE
Richards Bay Coal Terminal, through which almost all of South Africa’s coal exports are routed, said 46 percent of the coal it exported in 200 ...


Wednesday, 06 January 10
CHINA-AUSTRALIA INVESTMENT TIES SEEN IMPROVING IN 2010
Australia and China showed a united front in a bid to improve investment ties as they signed a $3-billion coal deal on Wednesday, following a rocky ...


Wednesday, 06 January 10
INVESTMENT IN MINING TO TOP $2.5B IN 2010
The government plans to invest US$2.5 billion in the mining sector, an official said Tuesday. Bambang Setiawan, the director general of mineral r ...


Wednesday, 06 January 10
SAS 2009 COAL EXPORTS THROUGH RBCT FLAT AT 61MT
Exports through South Africa’s Richards Bay Coal Terminal (RBCT) remained flat in 2009, as the terminal faced “critical business challen ...


   1221 1222 1223 1224 1225   
Showing 6111 to 6115 news of total 6871
News by Category
Popular News
 
Total Members : 28,619
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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