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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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Tuesday, 11 August 09
INDONESIA'S COAL EXPORTS TO INDIA WILL BE EXEMPTED FROM DUTIES STARTING JANUARY 1, 2013 - BERITA SORE
Berita sore reported that, ASEAN is scheduled to sign a long-awaited Free Trade Agreement (FTA) with India in Bangkok on Thursday aimed at boosting ...
Tuesday, 11 August 09
ZAMBIAN COAL BUYERS CONTINUE IMPORTING COAL FROM ZIMBABWE
Lusaka Times reported that, Coal mining companies have bemoaned the lack of market for their produce as prospective buyers continue importing the co ...
Monday, 10 August 09
NOMINAL HIKE IN COAL PRICES SOON - MEDIA
The hindu business reported that, a marginal hike in coal prices is in the offing. "I will be soon approaching the Prime Minister on the matter ...
Monday, 10 August 09
MANGALAM CEMENT PLACES ORDER FOR CAPTIVE POWER PLANT
Steel Guru reported that, Mangalam Cement Ltd has announced that the company on August 6th 2009 finalized order for Captive Thermal Power Plant of 1 ...
Monday, 10 August 09
VIET NAM COAL EXPORTS HIT 13.5 MILLION TONNES
VietNamNet Bridge reported that, Viet Nam exported more than 13.5 million tonnes of coal in the first seven months of this year, equal to the same p ...
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Showing 6516 to 6520 news of total 6871 |
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- Sree Jayajothi Cements Limited - India
- Borneo Indobara - Indonesia
- Goldman Sachs - Singapore
- Price Waterhouse Coopers - Russia
- Directorate General of MIneral and Coal - Indonesia
- Makarim & Taira - Indonesia
- Jindal Steel & Power Ltd - India
- Aditya Birla Group - India
- Kobexindo Tractors - Indoneisa
- Australian Coal Association
- India Bulls Power Limited - India
- Salva Resources Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Simpson Spence & Young - Indonesia
- Mjunction Services Limited - India
- Economic Council, Georgia
- Marubeni Corporation - India
- European Bulk Services B.V. - Netherlands
- Parry Sugars Refinery, India
- Anglo American - United Kingdom
- Globalindo Alam Lestari - Indonesia
- Indian Oil Corporation Limited
- SN Aboitiz Power Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Wood Mackenzie - Singapore
- Dalmia Cement Bharat India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GVK Power & Infra Limited - India
- ASAPP Information Group - India
- Bhatia International Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Mercuria Energy - Indonesia
- Meralco Power Generation, Philippines
- Independent Power Producers Association of India
- CIMB Investment Bank - Malaysia
- VISA Power Limited - India
- Altura Mining Limited, Indonesia
- Posco Energy - South Korea
- Videocon Industries ltd - India
- Ministry of Transport, Egypt
- IEA Clean Coal Centre - UK
- SMC Global Power, Philippines
- PNOC Exploration Corporation - Philippines
- Sakthi Sugars Limited - India
- Tamil Nadu electricity Board
- McConnell Dowell - Australia
- Formosa Plastics Group - Taiwan
- Bayan Resources Tbk. - Indonesia
- Carbofer General Trading SA - India
- Siam City Cement - Thailand
- Sarangani Energy Corporation, Philippines
- Singapore Mercantile Exchange
- PTC India Limited - India
- Vizag Seaport Private Limited - India
- The University of Queensland
- Chamber of Mines of South Africa
- Medco Energi Mining Internasional
- ICICI Bank Limited - India
- GAC Shipping (India) Pvt Ltd
- Standard Chartered Bank - UAE
- CNBM International Corporation - China
- Billiton Holdings Pty Ltd - Australia
- Sindya Power Generating Company Private Ltd
- Petron Corporation, Philippines
- Tata Chemicals Ltd - India
- Minerals Council of Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indogreen Group - Indonesia
- Coalindo Energy - Indonesia
- White Energy Company Limited
- Energy Development Corp, Philippines
- Wilmar Investment Holdings
- Madhucon Powers Ltd - India
- GMR Energy Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Leighton Contractors Pty Ltd - Australia
- Banpu Public Company Limited - Thailand
- Xindia Steels Limited - India
- Commonwealth Bank - Australia
- Kepco SPC Power Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- MS Steel International - UAE
- Essar Steel Hazira Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- LBH Netherlands Bv - Netherlands
- Chettinad Cement Corporation Ltd - India
- Antam Resourcindo - Indonesia
- SMG Consultants - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Lanco Infratech Ltd - India
- Straits Asia Resources Limited - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Semirara Mining Corp, Philippines
- San Jose City I Power Corp, Philippines
- Siam City Cement PLC, Thailand
- PowerSource Philippines DevCo
- PetroVietnam Power Coal Import and Supply Company
- Iligan Light & Power Inc, Philippines
- Ind-Barath Power Infra Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhushan Steel Limited - India
- Mintek Dendrill Indonesia
- Ministry of Mines - Canada
- Renaissance Capital - South Africa
- Coastal Gujarat Power Limited - India
- Larsen & Toubro Limited - India
- Therma Luzon, Inc, Philippines
- Uttam Galva Steels Limited - India
- London Commodity Brokers - England
- Planning Commission, India
- Vedanta Resources Plc - India
- AsiaOL BioFuels Corp., Philippines
- Karaikal Port Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Global Coal Blending Company Limited - Australia
- Gujarat Sidhee Cement - India
- Samtan Co., Ltd - South Korea
- Indonesian Coal Mining Association
- Cement Manufacturers Association - India
- Electricity Generating Authority of Thailand
- Timah Investasi Mineral - Indoneisa
- Agrawal Coal Company - India
- Eastern Energy - Thailand
- Interocean Group of Companies - India
- Star Paper Mills Limited - India
- Holcim Trading Pte Ltd - Singapore
- Barasentosa Lestari - Indonesia
- The State Trading Corporation of India Ltd
- Intertek Mineral Services - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Trasteel International SA, Italy
- New Zealand Coal & Carbon
- GN Power Mariveles Coal Plant, Philippines
- Energy Link Ltd, New Zealand
- Georgia Ports Authority, United States
- Ministry of Finance - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Central Electricity Authority - India
- International Coal Ventures Pvt Ltd - India
- Deloitte Consulting - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Thiess Contractors Indonesia
- Savvy Resources Ltd - HongKong
- Thai Mozambique Logistica
- Kartika Selabumi Mining - Indonesia
- Africa Commodities Group - South Africa
- Indika Energy - Indonesia
- Romanian Commodities Exchange
- IHS Mccloskey Coal Group - USA
- Binh Thuan Hamico - Vietnam
- Electricity Authority, New Zealand
- Edison Trading Spa - Italy
- Merrill Lynch Commodities Europe
- Parliament of New Zealand
- Kaltim Prima Coal - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Toyota Tsusho Corporation, Japan
- Bukit Baiduri Energy - Indonesia
- Grasim Industreis Ltd - India
- Eastern Coal Council - USA
- Ceylon Electricity Board - Sri Lanka
- Rio Tinto Coal - Australia
- Indian Energy Exchange, India
- Australian Commodity Traders Exchange
- Baramulti Group, Indonesia
- Global Business Power Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Oldendorff Carriers - Singapore
- Power Finance Corporation Ltd., India
- Orica Australia Pty. Ltd.
- Krishnapatnam Port Company Ltd. - India
- Manunggal Multi Energi - Indonesia
- Metalloyd Limited - United Kingdom
- Kumho Petrochemical, South Korea
- Cigading International Bulk Terminal - Indonesia
- TeaM Sual Corporation - Philippines
- Directorate Of Revenue Intelligence - India
- Orica Mining Services - Indonesia
- OPG Power Generation Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Bharathi Cement Corporation - India
- The Treasury - Australian Government
- Sojitz Corporation - Japan
- Malabar Cements Ltd - India
- Latin American Coal - Colombia
- Port Waratah Coal Services - Australia
- Bulk Trading Sa - Switzerland
- Bangladesh Power Developement Board
- Coal and Oil Company - UAE
- Attock Cement Pakistan Limited
- Ambuja Cements Ltd - India
- Central Java Power - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Sical Logistics Limited - India
- Indo Tambangraya Megah - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Pendopo Energi Batubara - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- TNB Fuel Sdn Bhd - Malaysia
- South Luzon Thermal Energy Corporation
- Kalimantan Lumbung Energi - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Meenaskhi Energy Private Limited - India
- Bhoruka Overseas - Indonesia
- Bukit Makmur.PT - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Jaiprakash Power Ventures ltd
- Mercator Lines Limited - India
- Heidelberg Cement - Germany
- Gujarat Mineral Development Corp Ltd - India
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