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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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Wednesday, 17 June 09
MINE BLAST KILLS NINE, BURIES DOZENS
A major mine explosion near Sawahlunto city, West Sumatra, Tuesday, killed at least nine people while more than 30 were buried and are feared ...
Tuesday, 16 June 09
INDIAN MINING WORKER ARRESTED IN BENGKULU
Forestry officials in Bengkulu Province, Sumatra, arrested one Indian national and two Indonesians on Sunday for unauthorized exploration in the ele ...
Tuesday, 16 June 09
INDIAN GOVERNMENT MAY ALLOW PRIVATE COMPANIES TO MINE COAL
The government is “strongly considering” to allow commercial coal mining by private companies in a bid to bridge the demand-supply gap, ...
Monday, 15 June 09
SAFRICA'S COAL TERMINAL EXPANSION DELAYED TO Q4
South Africa's Richards Bay Coal Terminal (RBCT) said on Monday the completion of a project to expand the export facility had been delayed to the f ...
Monday, 15 June 09
SHENHUA DENIES GIVING GROUND ON EXPORT COAL PRICE - REUTERS
China Shenhua Energy Co, the country's top coal producer, expects Japanese and South Korean clients to pay at least as much as Chinese customers fo ...
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- Lanco Infratech Ltd - India
- Medco Energi Mining Internasional
- CNBM International Corporation - China
- Romanian Commodities Exchange
- Borneo Indobara - Indonesia
- New Zealand Coal & Carbon
- Altura Mining Limited, Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Aboitiz Power Corporation - Philippines
- Kartika Selabumi Mining - Indonesia
- IHS Mccloskey Coal Group - USA
- Sojitz Corporation - Japan
- Agrawal Coal Company - India
- Ministry of Transport, Egypt
- Global Business Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Australian Commodity Traders Exchange
- GAC Shipping (India) Pvt Ltd
- Siam City Cement - Thailand
- Coalindo Energy - Indonesia
- Planning Commission, India
- Independent Power Producers Association of India
- PNOC Exploration Corporation - Philippines
- Larsen & Toubro Limited - India
- Meenaskhi Energy Private Limited - India
- Kobexindo Tractors - Indoneisa
- Singapore Mercantile Exchange
- Antam Resourcindo - Indonesia
- Mjunction Services Limited - India
- Globalindo Alam Lestari - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Global Coal Blending Company Limited - Australia
- Indian Oil Corporation Limited
- Binh Thuan Hamico - Vietnam
- Sakthi Sugars Limited - India
- Indogreen Group - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Sarangani Energy Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Gujarat Electricity Regulatory Commission - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Deloitte Consulting - India
- Barasentosa Lestari - Indonesia
- Georgia Ports Authority, United States
- Madhucon Powers Ltd - India
- Vedanta Resources Plc - India
- International Coal Ventures Pvt Ltd - India
- ICICI Bank Limited - India
- Bhushan Steel Limited - India
- Indian Energy Exchange, India
- Indonesian Coal Mining Association
- PowerSource Philippines DevCo
- Ceylon Electricity Board - Sri Lanka
- Africa Commodities Group - South Africa
- Orica Mining Services - Indonesia
- Gujarat Sidhee Cement - India
- Directorate General of MIneral and Coal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Meralco Power Generation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- SMG Consultants - Indonesia
- Posco Energy - South Korea
- Price Waterhouse Coopers - Russia
- Wilmar Investment Holdings
- MS Steel International - UAE
- Bukit Makmur.PT - Indonesia
- Interocean Group of Companies - India
- Leighton Contractors Pty Ltd - Australia
- VISA Power Limited - India
- Bhatia International Limited - India
- Kideco Jaya Agung - Indonesia
- European Bulk Services B.V. - Netherlands
- Sinarmas Energy and Mining - Indonesia
- Metalloyd Limited - United Kingdom
- Energy Link Ltd, New Zealand
- Chettinad Cement Corporation Ltd - India
- Ind-Barath Power Infra Limited - India
- Port Waratah Coal Services - Australia
- Heidelberg Cement - Germany
- Merrill Lynch Commodities Europe
- Commonwealth Bank - Australia
- Kumho Petrochemical, South Korea
- Toyota Tsusho Corporation, Japan
- Electricity Generating Authority of Thailand
- Neyveli Lignite Corporation Ltd, - India
- Aditya Birla Group - India
- Tata Chemicals Ltd - India
- Parry Sugars Refinery, India
- Vizag Seaport Private Limited - India
- Makarim & Taira - Indonesia
- Semirara Mining Corp, Philippines
- Attock Cement Pakistan Limited
- Cement Manufacturers Association - India
- Videocon Industries ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- OPG Power Generation Pvt Ltd - India
- PTC India Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- India Bulls Power Limited - India
- Timah Investasi Mineral - Indoneisa
- Petron Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Kohat Cement Company Ltd. - Pakistan
- Renaissance Capital - South Africa
- Minerals Council of Australia
- Latin American Coal - Colombia
- The University of Queensland
- Essar Steel Hazira Ltd - India
- The Treasury - Australian Government
- Xindia Steels Limited - India
- Goldman Sachs - Singapore
- TeaM Sual Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- GVK Power & Infra Limited - India
- Economic Council, Georgia
- Jindal Steel & Power Ltd - India
- Tamil Nadu electricity Board
- Malabar Cements Ltd - India
- LBH Netherlands Bv - Netherlands
- Edison Trading Spa - Italy
- Sindya Power Generating Company Private Ltd
- Marubeni Corporation - India
- Asmin Koalindo Tuhup - Indonesia
- Holcim Trading Pte Ltd - Singapore
- McConnell Dowell - Australia
- Standard Chartered Bank - UAE
- Ministry of Finance - Indonesia
- Coastal Gujarat Power Limited - India
- Therma Luzon, Inc, Philippines
- Thai Mozambique Logistica
- Global Green Power PLC Corporation, Philippines
- The State Trading Corporation of India Ltd
- Bangladesh Power Developement Board
- Indika Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Krishnapatnam Port Company Ltd. - India
- PetroVietnam Power Coal Import and Supply Company
- Bharathi Cement Corporation - India
- Bukit Asam (Persero) Tbk - Indonesia
- Oldendorff Carriers - Singapore
- Trasteel International SA, Italy
- Thiess Contractors Indonesia
- Grasim Industreis Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Banpu Public Company Limited - Thailand
- Cigading International Bulk Terminal - Indonesia
- White Energy Company Limited
- Directorate Of Revenue Intelligence - India
- Mintek Dendrill Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Central Electricity Authority - India
- Pendopo Energi Batubara - Indonesia
- Siam City Cement PLC, Thailand
- Power Finance Corporation Ltd., India
- Formosa Plastics Group - Taiwan
- Star Paper Mills Limited - India
- Simpson Spence & Young - Indonesia
- Ambuja Cements Ltd - India
- Sree Jayajothi Cements Limited - India
- Electricity Authority, New Zealand
- Maheswari Brothers Coal Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Australian Coal Association
- Samtan Co., Ltd - South Korea
- Anglo American - United Kingdom
- Mercator Lines Limited - India
- Miang Besar Coal Terminal - Indonesia
- Wood Mackenzie - Singapore
- Sical Logistics Limited - India
- Jaiprakash Power Ventures ltd
- Bayan Resources Tbk. - Indonesia
- Central Java Power - Indonesia
- Karaikal Port Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Intertek Mineral Services - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Uttam Galva Steels Limited - India
- Riau Bara Harum - Indonesia
- Rashtriya Ispat Nigam Limited - India
- London Commodity Brokers - England
- Salva Resources Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Eastern Energy - Thailand
- Ministry of Mines - Canada
- Indo Tambangraya Megah - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Straits Asia Resources Limited - Singapore
- Dalmia Cement Bharat India
- Manunggal Multi Energi - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- South Luzon Thermal Energy Corporation
- Coal and Oil Company - UAE
- Parliament of New Zealand
- GMR Energy Limited - India
- Energy Development Corp, Philippines
- Mercuria Energy - Indonesia
- Eastern Coal Council - USA
- San Jose City I Power Corp, Philippines
- Rio Tinto Coal - Australia
- Iligan Light & Power Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- ASAPP Information Group - India
- IEA Clean Coal Centre - UK
- Kepco SPC Power Corporation, Philippines
- Orica Australia Pty. Ltd.
- Kaltim Prima Coal - Indonesia
- SMC Global Power, Philippines
- Baramulti Group, Indonesia
- Carbofer General Trading SA - India
- Maharashtra Electricity Regulatory Commission - India
- Chamber of Mines of South Africa
- Bukit Baiduri Energy - Indonesia
- Bulk Trading Sa - Switzerland
- TNB Fuel Sdn Bhd - Malaysia
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