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
Friday, 22 January 10
JSW ENERGY TO INVEST RS 4,500 CRORE IN COAL MINES ABROAD


The Sajjan Jindal-promoted JSW Energy is planning an investment of Rs 4,500 crore (US$ 978,260,869) to acquire coal mines abroad and another of Rs 10,000 crore (US$ 2,173,913,043)  in West Bengal through a joint venture with group company JSW Bengal Steel.

The company’s board today approved the floating of an overseas subsidiary for the investment abroad. The company also announced a profit after tax of Rs 205 crore (US$ 44,565,217) for the quarter ended December 31, about 73 per cent more than the Rs 118.5 crore (US$ 25,760,869) net profit posted in the corresponding period last year. Total income for the period was Rs 712.4 crore (US$ 154,869,565), about the same as the corresponding period revenues of Rs 711 crore (US$ 154,565,217) last year.

The better performance was mainly on account of enhanced generation from capacity additions, sales and less fuel costs.

JSW Energy, which debuted on the stock exchanges in the first week of January, had earlier contracted coal from Indonesia to fuel its power projects.

The company will form a special purpose vehicle (SPV) with group company JSW Bengal Steel to set up a 1,600-Mw (2x800 Mw) power plant at Ichhapur in West Bengal.

JSW Energy will hold 74 per cent in the SPV and JSW Bengal Steel the balance 26 per cent. The SPV will develop the power project and captive coal mines in Ichhapur at an estimated cost of Rs 7,680 crore (US$ 1,669,565,217) and Rs 2,000 crore (US$ 434,782,608), respectively. The project is proposed to be financed with a debt equity ratio of 3:1. The steel producer will buy 51 per cent of the power produced from this unit and the rest will be up for sale, said the release.

Share prices of the company fell 2.33 per cent on the Bombay Stock Exchange today, to close at Rs 112.95 (US$ 2.45543) per share. (1 USD = 46.0000 INR)
Source: Business-Standard



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

Recent News

Saturday, 02 January 10
INDONESIAS COAL OUTPUT RISES BY 5%
Indonesia, Asia’s largest coal exporter, produced 254 million tons of coal in 2009, a 5.8 percent increase from 2008 and well ahead of the gov ...


Saturday, 02 January 10
TAIPOWER FORECASTS COAL DEMAND TO SNAP DECLINE
Taiwan Power Co., Asia's biggest importer of thermal coal, expects its demand for the fuel to rise in 2010 after falling for two years as the islan ...


Friday, 01 January 10
COAL INDIA TO START IMPORTING DIRECTLY
According to sources, the coal major has already finalised tender document to import four million tonnes thermal grade coal for supplies to NTPC. Th ...


Thursday, 31 December 09
INDONESIA SEES 2010 MINING INVESTMENT UP 39 PCT
Reuters reported that, Indonesian mining investment is expected to hit $2.5 billion next year, up from $1.81 billion in 2009, supported by greater c ...


Thursday, 31 December 09
YANDICOOGINA BECOMES FIRST MINE IN AUSTRALIA TO PRODUCE 50 MILLION TONNES A YEAR
COALspot.com Press Release: Rio Tinto's Yandicoogina, Australia's largest-producing iron ore mine, has broken the 50 million tonne mark for annual ...


   1224 1225 1226 1227 1228   
Showing 6126 to 6130 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 ...

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