We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
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
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Monday, 20 July 09
CHINA COAL PRODUCES 52.7 MLN TONNES OF COAL IN 1H, UP 5.4 PCT
China Mining reported that, China Coal Energy Co., the country's second largest coal producer, said Saturday that it produced 52.67 million tonnes ...
Monday, 20 July 09
INDONESIA PRODUCES 72 MILLION MT IN FIRST HALF OF YEAR: OFFICIAL
Indonesia produced 72 million mt of coal in the first half of 2009, or 31.3% of the government’s target this year, a senior government officia ...
Sunday, 19 July 09
JINDAL S&P IN TALKS TO BUY SA COAL MINE FOR RS 350-400 CR (US$ 80 - 90 MILLION)
Economic Times reported that, Naveen Jindal-led Jindal Steel & Power (JSPL) is acquiring a thermal coal mine in South Africa, a top company exec ...
Saturday, 18 July 09
REN POWER CZ COMMISSIONS ANOTHER PHOTOVOLTAIC POWER STATION
COALspot.com (Press Release): REN Power CZ, a company in the Czech Coal Group, has put into operation another photovoltaic power station. The plant ...
Saturday, 18 July 09
THE FUTURE FOR SUPRAMAX FOR NEXT 3 YEARS TILL 2012 WOULD BE AROUND US$ 13,500 PER DAY - CAPT. REDDY
COALspot.com ( Singapore): The market moved up sharply this week , which was quite unexpected.
The BDI was up by 557 which is an increase of 18 ...
|
|
|
Showing 6586 to 6590 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Maharashtra Electricity Regulatory Commission - India
- Bukit Baiduri Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Sree Jayajothi Cements Limited - India
- TeaM Sual Corporation - Philippines
- SMC Global Power, Philippines
- SMG Consultants - Indonesia
- ICICI Bank Limited - India
- Oldendorff Carriers - Singapore
- Global Coal Blending Company Limited - Australia
- Goldman Sachs - Singapore
- Sical Logistics Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Ministry of Mines - Canada
- MS Steel International - UAE
- Manunggal Multi Energi - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Jaiprakash Power Ventures ltd
- Savvy Resources Ltd - HongKong
- PNOC Exploration Corporation - Philippines
- Kaltim Prima Coal - Indonesia
- Agrawal Coal Company - India
- Meenaskhi Energy Private Limited - India
- Heidelberg Cement - Germany
- Bukit Asam (Persero) Tbk - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Cement Manufacturers Association - India
- Medco Energi Mining Internasional
- Riau Bara Harum - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Electricity Generating Authority of Thailand
- Metalloyd Limited - United Kingdom
- Vedanta Resources Plc - India
- Price Waterhouse Coopers - Russia
- Vijayanagar Sugar Pvt Ltd - India
- Standard Chartered Bank - UAE
- Cigading International Bulk Terminal - Indonesia
- Latin American Coal - Colombia
- Globalindo Alam Lestari - Indonesia
- Krishnapatnam Port Company Ltd. - India
- PowerSource Philippines DevCo
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Formosa Plastics Group - Taiwan
- London Commodity Brokers - England
- Salva Resources Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Wilmar Investment Holdings
- Chamber of Mines of South Africa
- Karbindo Abesyapradhi - Indoneisa
- Videocon Industries ltd - India
- Carbofer General Trading SA - India
- Kartika Selabumi Mining - Indonesia
- ASAPP Information Group - India
- Ind-Barath Power Infra Limited - India
- Electricity Authority, New Zealand
- GVK Power & Infra Limited - India
- European Bulk Services B.V. - Netherlands
- Deloitte Consulting - India
- Eastern Coal Council - USA
- San Jose City I Power Corp, Philippines
- Eastern Energy - Thailand
- Coalindo Energy - Indonesia
- Star Paper Mills Limited - India
- Sakthi Sugars Limited - India
- IHS Mccloskey Coal Group - USA
- The University of Queensland
- GMR Energy Limited - India
- Iligan Light & Power Inc, Philippines
- Bukit Makmur.PT - Indonesia
- CNBM International Corporation - China
- Semirara Mining Corp, Philippines
- Binh Thuan Hamico - Vietnam
- Intertek Mineral Services - Indonesia
- Grasim Industreis Ltd - India
- India Bulls Power Limited - India
- Coastal Gujarat Power Limited - India
- Pendopo Energi Batubara - Indonesia
- Chettinad Cement Corporation Ltd - India
- The State Trading Corporation of India Ltd
- International Coal Ventures Pvt Ltd - India
- Energy Development Corp, Philippines
- Banpu Public Company Limited - Thailand
- Bharathi Cement Corporation - India
- The Treasury - Australian Government
- Sinarmas Energy and Mining - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Singapore Mercantile Exchange
- Minerals Council of Australia
- Global Business Power Corporation, Philippines
- Madhucon Powers Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Maheswari Brothers Coal Limited - India
- Xindia Steels Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Power Finance Corporation Ltd., India
- New Zealand Coal & Carbon
- South Luzon Thermal Energy Corporation
- GAC Shipping (India) Pvt Ltd
- Timah Investasi Mineral - Indoneisa
- Gujarat Sidhee Cement - India
- Kepco SPC Power Corporation, Philippines
- Orica Mining Services - Indonesia
- Simpson Spence & Young - Indonesia
- Kumho Petrochemical, South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhushan Steel Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sarangani Energy Corporation, Philippines
- Indika Energy - Indonesia
- Posco Energy - South Korea
- Indonesian Coal Mining Association
- Lanco Infratech Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Georgia Ports Authority, United States
- Australian Commodity Traders Exchange
- Petron Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Uttam Galva Steels Limited - India
- Semirara Mining and Power Corporation, Philippines
- White Energy Company Limited
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Altura Mining Limited, Indonesia
- Central Electricity Authority - India
- Orica Australia Pty. Ltd.
- OPG Power Generation Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Africa Commodities Group - South Africa
- Economic Council, Georgia
- AsiaOL BioFuels Corp., Philippines
- Aboitiz Power Corporation - Philippines
- Asmin Koalindo Tuhup - Indonesia
- Tamil Nadu electricity Board
- Rashtriya Ispat Nigam Limited - India
- Baramulti Group, Indonesia
- Miang Besar Coal Terminal - Indonesia
- Indian Oil Corporation Limited
- LBH Netherlands Bv - Netherlands
- Larsen & Toubro Limited - India
- Mercuria Energy - Indonesia
- Siam City Cement - Thailand
- Edison Trading Spa - Italy
- Parliament of New Zealand
- Essar Steel Hazira Ltd - India
- Karaikal Port Pvt Ltd - India
- Anglo American - United Kingdom
- Borneo Indobara - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Bulk Trading Sa - Switzerland
- Central Java Power - Indonesia
- Global Green Power PLC Corporation, Philippines
- Mjunction Services Limited - India
- Indian Energy Exchange, India
- Ministry of Finance - Indonesia
- Billiton Holdings Pty Ltd - Australia
- McConnell Dowell - Australia
- Directorate Of Revenue Intelligence - India
- Mintek Dendrill Indonesia
- Toyota Tsusho Corporation, Japan
- PetroVietnam Power Coal Import and Supply Company
- Port Waratah Coal Services - Australia
- Neyveli Lignite Corporation Ltd, - India
- Bangladesh Power Developement Board
- Merrill Lynch Commodities Europe
- Thiess Contractors Indonesia
- Parry Sugars Refinery, India
- Jindal Steel & Power Ltd - India
- Trasteel International SA, Italy
- VISA Power Limited - India
- Indogreen Group - Indonesia
- Bayan Resources Tbk. - Indonesia
- PTC India Limited - India
- Dalmia Cement Bharat India
- Bhoruka Overseas - Indonesia
- Bhatia International Limited - India
- Rio Tinto Coal - Australia
- Energy Link Ltd, New Zealand
- Antam Resourcindo - Indonesia
- Ministry of Transport, Egypt
- Mercator Lines Limited - India
- Indo Tambangraya Megah - Indonesia
- Planning Commission, India
- CIMB Investment Bank - Malaysia
- Makarim & Taira - Indonesia
- Thai Mozambique Logistica
- Kohat Cement Company Ltd. - Pakistan
- Attock Cement Pakistan Limited
- Kalimantan Lumbung Energi - Indonesia
- Kideco Jaya Agung - Indonesia
- Sojitz Corporation - Japan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Aditya Birla Group - India
- Malabar Cements Ltd - India
- Australian Coal Association
- GN Power Mariveles Coal Plant, Philippines
- Wood Mackenzie - Singapore
- Romanian Commodities Exchange
- Vizag Seaport Private Limited - India
- Ambuja Cements Ltd - India
- Therma Luzon, Inc, Philippines
- Siam City Cement PLC, Thailand
- Coal and Oil Company - UAE
- IEA Clean Coal Centre - UK
- Meralco Power Generation, Philippines
- Interocean Group of Companies - India
- Samtan Co., Ltd - South Korea
- Tata Chemicals Ltd - India
- Straits Asia Resources Limited - Singapore
- Marubeni Corporation - India
- Alfred C Toepfer International GmbH - Germany
- Barasentosa Lestari - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Bahari Cakrawala Sebuku - Indonesia
- Renaissance Capital - South Africa
- Kapuas Tunggal Persada - Indonesia
- Commonwealth Bank - Australia
- Independent Power Producers Association of India
|
| |
| |
|
