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Monday, 08 June 09
PRIVATE COAL MINERS LIKELY TO LAND COMMERCIAL LICENSE - ECONOMIC TIMES
 Economic Times of India reported that, The government may allow commercial coal mining by private companies as it looks to plug the demand-supply gap in the sector considered crucial to India’s long-term energy security, according to an official in the coal ministry.
Currently, state-run firms such as Coal India enjoy absolute monopoly over coal mining and sale in the country. Private companies are allowed to mine only for captive consumption.
The Coal Nationalisation (Amendment) Bill, 2000, introduced in the Rajya Sabha by the NDA government to carry forward long-pending reforms in the sector, may now get a fresh lease of life, said the official who didn’t want to be named.
The Budget slated for next month is likely to lay out the government strategy. “President Pratibha Patil has already indicated that the government wants to carry forward reforms in the coal sector. Allowing the private sector in commercial coal mining is the only major reform initiative that remains to be completed. A Bill in this regard is pending and it could be revived after building necessary consensus,” the official said.
The move stands to benefit national and multinational companies such as BHP Billiton, Rio Tinto, Vale, Monnet Ispat, Gujarat NRE, the Tata Group and Jindals.
The official said the government will try to build political consensus on the matter before approaching Parliament. It will also bring employees’ unions of state-run coal companies on board.
Even earlier, there was a broad consensus in the UPA with Prime Minister Manmohan Singh too endorsing the opening of the coal sector to step up production. However, the reforms could not be carried out in the face of stiff opposition from trade unions and Left parties.
Getting private firms in coal mining is considered important to give a boost to India’s coal output and reduce dependence on imports by bridging the shortfall between demand and production. Additional coal output will also come in handy for a raft of new coal-based power projects being planned across the country.
India produces over 450 million tonnes of coal annually, almost 50 million tonnes less than what it consumes. In 8-10 years, coal production is slated to touch a billion tonnes but the demand-supply mismatch too will enlarge. Coal India is unlikely to meet the entire future requirement, so the government wants the private sector to step in to increase coal production at a much faster pace, the official said.
The government is also likely to carry forward an amendment in Parliament to permit competitive bidding of captive coal blocks. The Cabinet has already cleared this proposal. This amendment is expected to be the first phase of liberalising coal mining in the country. Allowing merchant sale of coal from captive blocks is also on the government’s radar till the sector is fully opened up.
Source:http://economictimes.indiatimes.com/News/News-By-Industry/Indl-Goods--Svs/Metals--Mining/Private-coal-miners-likely-to-land-commercial-licence/articleshow/4629194.cms
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Friday, 21 August 09
HUANENG YIMIN TO HIKE COAL OUTPUT
China Daily, the largest English portal in China reported that, China's first large coal-electricity joint project, Huaneng Yimin Coal Electricity ...
Thursday, 20 August 09
INDONESIA'S DELTA DUNIA BUYS COAL FIRM FOR $550 MLN
* Delta Dunia to acquire BUMA for $550 million
* Expect to complete the deal in the fourth quarter of 2009
* Delta Dunia has appointed Barclays Ca ...
Thursday, 20 August 09
MUNDRA PORT BAGS MORMUGAO PORT COAL TERMINAL DEVELOPMENT CONCESSIONS
NDTV reported that, Mundra Port and Special Economic Zone (Mundra Port) the largest private port in India has won the bid for the development of coa ...
Thursday, 20 August 09
INDONESIA'S BUKIT ASAM SET FOR MINE ACQUISITIONS
* Allocates $150 million for coal mine acquisitions
* Expects one deal to be completed by the end of 2009
Reuters world's largest international ...
Thursday, 20 August 09
INDONESIAN COAL EXPORT LESSENS IN FIRST SEMESTER
Domestic coal use has grown by five million tons.
Viva News reported that, Domestic coal export up until the first half of 2009 decreased by four ...
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- Parliament of New Zealand
- Agrawal Coal Company - India
- Ind-Barath Power Infra Limited - India
- PTC India Limited - India
- Romanian Commodities Exchange
- Pipit Mutiara Jaya. PT, Indonesia
- Meralco Power Generation, Philippines
- Gujarat Sidhee Cement - India
- Simpson Spence & Young - Indonesia
- Trasteel International SA, Italy
- Indika Energy - Indonesia
- Indogreen Group - Indonesia
- Grasim Industreis Ltd - India
- Energy Development Corp, Philippines
- Miang Besar Coal Terminal - Indonesia
- Straits Asia Resources Limited - Singapore
- Australian Commodity Traders Exchange
- Renaissance Capital - South Africa
- Manunggal Multi Energi - Indonesia
- Formosa Plastics Group - Taiwan
- Posco Energy - South Korea
- CNBM International Corporation - China
- Semirara Mining Corp, Philippines
- Antam Resourcindo - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Merrill Lynch Commodities Europe
- Energy Link Ltd, New Zealand
- AsiaOL BioFuels Corp., Philippines
- Ministry of Finance - Indonesia
- Cement Manufacturers Association - India
- Latin American Coal - Colombia
- Sakthi Sugars Limited - India
- Vedanta Resources Plc - India
- Ceylon Electricity Board - Sri Lanka
- SMG Consultants - Indonesia
- SMC Global Power, Philippines
- Orica Mining Services - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dalmia Cement Bharat India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Siam City Cement - Thailand
- Semirara Mining and Power Corporation, Philippines
- Eastern Energy - Thailand
- Attock Cement Pakistan Limited
- PetroVietnam Power Coal Import and Supply Company
- Australian Coal Association
- GVK Power & Infra Limited - India
- Sree Jayajothi Cements Limited - India
- Maheswari Brothers Coal Limited - India
- Tata Chemicals Ltd - India
- PNOC Exploration Corporation - Philippines
- Global Business Power Corporation, Philippines
- Planning Commission, India
- GN Power Mariveles Coal Plant, Philippines
- Aditya Birla Group - India
- PowerSource Philippines DevCo
- Kartika Selabumi Mining - Indonesia
- Globalindo Alam Lestari - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Meenaskhi Energy Private Limited - India
- Malabar Cements Ltd - India
- Economic Council, Georgia
- Central Electricity Authority - India
- ASAPP Information Group - India
- Global Coal Blending Company Limited - Australia
- Parry Sugars Refinery, India
- Kobexindo Tractors - Indoneisa
- Vizag Seaport Private Limited - India
- LBH Netherlands Bv - Netherlands
- Electricity Generating Authority of Thailand
- New Zealand Coal & Carbon
- Uttam Galva Steels Limited - India
- Petron Corporation, Philippines
- IEA Clean Coal Centre - UK
- Timah Investasi Mineral - Indoneisa
- GMR Energy Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Indian Oil Corporation Limited
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bhushan Steel Limited - India
- Metalloyd Limited - United Kingdom
- Jindal Steel & Power Ltd - India
- Wilmar Investment Holdings
- Heidelberg Cement - Germany
- Jaiprakash Power Ventures ltd
- Georgia Ports Authority, United States
- VISA Power Limited - India
- Wood Mackenzie - Singapore
- Maharashtra Electricity Regulatory Commission - India
- San Jose City I Power Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Barasentosa Lestari - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kumho Petrochemical, South Korea
- Binh Thuan Hamico - Vietnam
- Ambuja Cements Ltd - India
- Directorate Of Revenue Intelligence - India
- MS Steel International - UAE
- Sojitz Corporation - Japan
- Savvy Resources Ltd - HongKong
- Billiton Holdings Pty Ltd - Australia
- Salva Resources Pvt Ltd - India
- Deloitte Consulting - India
- IHS Mccloskey Coal Group - USA
- Central Java Power - Indonesia
- Anglo American - United Kingdom
- Altura Mining Limited, Indonesia
- Samtan Co., Ltd - South Korea
- OPG Power Generation Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- The University of Queensland
- Xindia Steels Limited - India
- Videocon Industries ltd - India
- Leighton Contractors Pty Ltd - Australia
- Africa Commodities Group - South Africa
- Singapore Mercantile Exchange
- White Energy Company Limited
- Rashtriya Ispat Nigam Limited - India
- Coastal Gujarat Power Limited - India
- GAC Shipping (India) Pvt Ltd
- Intertek Mineral Services - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Riau Bara Harum - Indonesia
- Bukit Baiduri Energy - Indonesia
- Baramulti Group, Indonesia
- Independent Power Producers Association of India
- Thiess Contractors Indonesia
- Indo Tambangraya Megah - Indonesia
- Power Finance Corporation Ltd., India
- Kideco Jaya Agung - Indonesia
- TeaM Sual Corporation - Philippines
- Minerals Council of Australia
- India Bulls Power Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Lanco Infratech Ltd - India
- Larsen & Toubro Limited - India
- Chettinad Cement Corporation Ltd - India
- Bangladesh Power Developement Board
- Orica Australia Pty. Ltd.
- Krishnapatnam Port Company Ltd. - India
- Neyveli Lignite Corporation Ltd, - India
- Essar Steel Hazira Ltd - India
- Sical Logistics Limited - India
- South Luzon Thermal Energy Corporation
- Indian Energy Exchange, India
- Ministry of Transport, Egypt
- Kohat Cement Company Ltd. - Pakistan
- Vijayanagar Sugar Pvt Ltd - India
- Borneo Indobara - Indonesia
- ICICI Bank Limited - India
- Siam City Cement PLC, Thailand
- Thai Mozambique Logistica
- SN Aboitiz Power Inc, Philippines
- Interocean Group of Companies - India
- Aboitiz Power Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Bhatia International Limited - India
- Therma Luzon, Inc, Philippines
- Rio Tinto Coal - Australia
- Mercuria Energy - Indonesia
- McConnell Dowell - Australia
- Pendopo Energi Batubara - Indonesia
- Iligan Light & Power Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Bayan Resources Tbk. - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Bahari Cakrawala Sebuku - Indonesia
- Goldman Sachs - Singapore
- London Commodity Brokers - England
- Directorate General of MIneral and Coal - Indonesia
- Madhucon Powers Ltd - India
- Chamber of Mines of South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The Treasury - Australian Government
- TNB Fuel Sdn Bhd - Malaysia
- Gujarat Mineral Development Corp Ltd - India
- Bukit Makmur.PT - Indonesia
- European Bulk Services B.V. - Netherlands
- Indonesian Coal Mining Association
- Standard Chartered Bank - UAE
- Sinarmas Energy and Mining - Indonesia
- Karaikal Port Pvt Ltd - India
- Coal and Oil Company - UAE
- Edison Trading Spa - Italy
- Holcim Trading Pte Ltd - Singapore
- The State Trading Corporation of India Ltd
- Global Green Power PLC Corporation, Philippines
- Carbofer General Trading SA - India
- Mercator Lines Limited - India
- Sarangani Energy Corporation, Philippines
- Tamil Nadu electricity Board
- Marubeni Corporation - India
- Star Paper Mills Limited - India
- Port Waratah Coal Services - Australia
- Toyota Tsusho Corporation, Japan
- Bhoruka Overseas - Indonesia
- Medco Energi Mining Internasional
- Bulk Trading Sa - Switzerland
- Bharathi Cement Corporation - India
- Oldendorff Carriers - Singapore
- Mjunction Services Limited - India
- Price Waterhouse Coopers - Russia
- Makarim & Taira - Indonesia
- Eastern Coal Council - USA
- Commonwealth Bank - Australia
- Ministry of Mines - Canada
- Karbindo Abesyapradhi - Indoneisa
- Coalindo Energy - Indonesia
- Mintek Dendrill Indonesia
- Electricity Authority, New Zealand
- CIMB Investment Bank - Malaysia
- Kaltim Prima Coal - Indonesia
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