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.
|
|
Wednesday, 03 June 09
POWER DEMAND TO BOOST INDIA COAL IMPORTS DURING MONSOON - STEELGURU
Reuters quoted Indian coal importers said that strong demand for power in India is likely to keep coal imports at the maximum level possible in the ...
Wednesday, 03 June 09
NAPOCOR EXTENDS COAL TENDER FOR SOLE BIDDER - ABS CBNNEWS
National Power Corp. (Napocor), the top Philippine electricity producer, has given the lone bidder at a tender for 195,000 tons of coal more time to ...
Wednesday, 03 June 09
NEWCASTLE COAL EXPORTS JUMP 20 PERCENT; SHIP QUEUE LENGTHENS - BLOOMBERG
Coal exports from Australia’s Newcastle, the world’s biggest export harbor for the fuel, jumped 20 percent last week while the number of ...
Wednesday, 03 June 09
IPL-2 OVER, INDIAN COAL LEAGUE BEGINS IN SOUTH AFRICA - ECONOMICTIME
Steel, cement and power companies, which have traditionally relied on cheap Indonesian coal to fuel their factories, are rushing to buy South Africa ...
Wednesday, 03 June 09
BUILDING A ROAD TO LINK 3 GIANTS - THE JAKARTA GLOBE
Madhu Koneru is building a road to the future that will bring together the financial heft of the Middle East, the technological know-how of a rising ...
|
|
|
Showing 6711 to 6715 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Gujarat Electricity Regulatory Commission - India
- Interocean Group of Companies - India
- Asmin Koalindo Tuhup - Indonesia
- Electricity Authority, New Zealand
- Pipit Mutiara Jaya. PT, Indonesia
- Cement Manufacturers Association - India
- Kepco SPC Power Corporation, Philippines
- ASAPP Information Group - India
- Ind-Barath Power Infra Limited - India
- London Commodity Brokers - England
- Cigading International Bulk Terminal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Transport, Egypt
- TeaM Sual Corporation - Philippines
- Merrill Lynch Commodities Europe
- Trasteel International SA, Italy
- Anglo American - United Kingdom
- Iligan Light & Power Inc, Philippines
- Salva Resources Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Xindia Steels Limited - India
- Toyota Tsusho Corporation, Japan
- Standard Chartered Bank - UAE
- Medco Energi Mining Internasional
- Leighton Contractors Pty Ltd - Australia
- PNOC Exploration Corporation - Philippines
- The State Trading Corporation of India Ltd
- Indo Tambangraya Megah - Indonesia
- Eastern Coal Council - USA
- Rio Tinto Coal - Australia
- Australian Commodity Traders Exchange
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- New Zealand Coal & Carbon
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Thai Mozambique Logistica
- Singapore Mercantile Exchange
- IHS Mccloskey Coal Group - USA
- Binh Thuan Hamico - Vietnam
- LBH Netherlands Bv - Netherlands
- Rashtriya Ispat Nigam Limited - India
- Altura Mining Limited, Indonesia
- Meenaskhi Energy Private Limited - India
- Miang Besar Coal Terminal - Indonesia
- Wilmar Investment Holdings
- Maheswari Brothers Coal Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Riau Bara Harum - Indonesia
- Baramulti Group, Indonesia
- Global Green Power PLC Corporation, Philippines
- Deloitte Consulting - India
- Global Coal Blending Company Limited - Australia
- Marubeni Corporation - India
- Maharashtra Electricity Regulatory Commission - India
- Larsen & Toubro Limited - India
- Parliament of New Zealand
- Sojitz Corporation - Japan
- Coal and Oil Company - UAE
- Meralco Power Generation, Philippines
- MS Steel International - UAE
- Indogreen Group - Indonesia
- Parry Sugars Refinery, India
- Bangladesh Power Developement Board
- CNBM International Corporation - China
- Semirara Mining Corp, Philippines
- Edison Trading Spa - Italy
- Vedanta Resources Plc - India
- Minerals Council of Australia
- Kartika Selabumi Mining - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Africa Commodities Group - South Africa
- Port Waratah Coal Services - Australia
- Tata Chemicals Ltd - India
- International Coal Ventures Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Banpu Public Company Limited - Thailand
- Lanco Infratech Ltd - India
- Mercuria Energy - Indonesia
- Global Business Power Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Madhucon Powers Ltd - India
- Thiess Contractors Indonesia
- White Energy Company Limited
- Alfred C Toepfer International GmbH - Germany
- Price Waterhouse Coopers - Russia
- Kaltim Prima Coal - Indonesia
- Mjunction Services Limited - India
- Indian Oil Corporation Limited
- Planning Commission, India
- Siam City Cement - Thailand
- Chamber of Mines of South Africa
- Oldendorff Carriers - Singapore
- Energy Development Corp, Philippines
- Sarangani Energy Corporation, Philippines
- GMR Energy Limited - India
- Directorate Of Revenue Intelligence - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Pendopo Energi Batubara - Indonesia
- Jindal Steel & Power Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Gujarat Sidhee Cement - India
- Coalindo Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Essar Steel Hazira Ltd - India
- Bulk Trading Sa - Switzerland
- Makarim & Taira - Indonesia
- Metalloyd Limited - United Kingdom
- Central Java Power - Indonesia
- Goldman Sachs - Singapore
- European Bulk Services B.V. - Netherlands
- Holcim Trading Pte Ltd - Singapore
- Borneo Indobara - Indonesia
- Globalindo Alam Lestari - Indonesia
- Barasentosa Lestari - Indonesia
- Karaikal Port Pvt Ltd - India
- Wood Mackenzie - Singapore
- Jaiprakash Power Ventures ltd
- Indian Energy Exchange, India
- Australian Coal Association
- Karbindo Abesyapradhi - Indoneisa
- Commonwealth Bank - Australia
- McConnell Dowell - Australia
- Timah Investasi Mineral - Indoneisa
- Dalmia Cement Bharat India
- Tamil Nadu electricity Board
- IEA Clean Coal Centre - UK
- ICICI Bank Limited - India
- Bukit Makmur.PT - Indonesia
- Attock Cement Pakistan Limited
- OPG Power Generation Pvt Ltd - India
- Posco Energy - South Korea
- Star Paper Mills Limited - India
- Krishnapatnam Port Company Ltd. - India
- South Luzon Thermal Energy Corporation
- India Bulls Power Limited - India
- GN Power Mariveles Coal Plant, Philippines
- SN Aboitiz Power Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Bharathi Cement Corporation - India
- Renaissance Capital - South Africa
- Sical Logistics Limited - India
- Indonesian Coal Mining Association
- Power Finance Corporation Ltd., India
- Bukit Asam (Persero) Tbk - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Petron Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Ambuja Cements Ltd - India
- Orica Mining Services - Indonesia
- SMG Consultants - Indonesia
- Agrawal Coal Company - India
- SMC Global Power, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- The University of Queensland
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Videocon Industries ltd - India
- Kapuas Tunggal Persada - Indonesia
- Savvy Resources Ltd - HongKong
- Kalimantan Lumbung Energi - Indonesia
- Chettinad Cement Corporation Ltd - India
- Indika Energy - Indonesia
- Bhatia International Limited - India
- Kobexindo Tractors - Indoneisa
- Ministry of Finance - Indonesia
- Bayan Resources Tbk. - Indonesia
- Energy Link Ltd, New Zealand
- Ministry of Mines - Canada
- Samtan Co., Ltd - South Korea
- Kideco Jaya Agung - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Carbofer General Trading SA - India
- Central Electricity Authority - India
- Sindya Power Generating Company Private Ltd
- Antam Resourcindo - Indonesia
- Georgia Ports Authority, United States
- VISA Power Limited - India
- Latin American Coal - Colombia
- Mintek Dendrill Indonesia
- Bhoruka Overseas - Indonesia
- GVK Power & Infra Limited - India
- Aboitiz Power Corporation - Philippines
- Kumho Petrochemical, South Korea
- Therma Luzon, Inc, Philippines
- PowerSource Philippines DevCo
- Coastal Gujarat Power Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Romanian Commodities Exchange
- CIMB Investment Bank - Malaysia
- Heidelberg Cement - Germany
- Bukit Baiduri Energy - Indonesia
- Orica Australia Pty. Ltd.
- Grasim Industreis Ltd - India
- Mercator Lines Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Eastern Energy - Thailand
- Malabar Cements Ltd - India
- Vizag Seaport Private Limited - India
- Uttam Galva Steels Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Manunggal Multi Energi - Indonesia
- San Jose City I Power Corp, Philippines
- Intertek Mineral Services - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Siam City Cement PLC, Thailand
- Bhushan Steel Limited - India
- Aditya Birla Group - India
- Sree Jayajothi Cements Limited - India
- Sakthi Sugars Limited - India
- The Treasury - Australian Government
- Independent Power Producers Association of India
- PTC India Limited - India
- Straits Asia Resources Limited - Singapore
- Economic Council, Georgia
|
| |
| |
|
