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.
|
|
Friday, 29 May 09
INDONESIA PLANS "CLEARING HOUSE" FOR COAL - ALIBABA
Alibaba reported that, Indonesia, the world's biggest thermal coal exporter, plans to set up an agency similar to a clearing house to trade stocks ...
Friday, 29 May 09
INDIKA EYES MORE ACQUISITIONS - THE JAKARTA POST
Having nearly completed the acquisition of engineering and mining company PT Petrosea, energy company PT Indika Energy is preparing for more acquisi ...
Friday, 29 May 09
PTBA PAYS DIVIDENDS OF RP 371.5 A SHARE - THE JAKARTA POST
The annual shareholders' meeting of state-controlled coal producer PT Tambang Batubara Bukit Asam (PTBA) approved on Thursday the allocation of 50 ...
Thursday, 28 May 09
INDIANS CHOOSE SOUTH AFRICA COAL OVER INDONESIAN - MINEWEB (REUTERS)
South African cargoes are about $4 a tonne cheaper than Indonesian coal, as a result India now prefers South Africa .
Indian imports of South Afr ...
Wednesday, 27 May 09
NEWCASTLE PORT'S WEEKLY COAL EXPORTS INCREASE 3.6% - BLOOMBERG
Coal shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel, rose 3.6 percent last week while the num ...
|
|
|
Showing 6726 to 6730 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- GN Power Mariveles Coal Plant, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Price Waterhouse Coopers - Russia
- Timah Investasi Mineral - Indoneisa
- Meenaskhi Energy Private Limited - India
- Riau Bara Harum - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- LBH Netherlands Bv - Netherlands
- Borneo Indobara - Indonesia
- Ambuja Cements Ltd - India
- Mercator Lines Limited - India
- Siam City Cement - Thailand
- Parry Sugars Refinery, India
- Barasentosa Lestari - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Central Java Power - Indonesia
- Star Paper Mills Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Larsen & Toubro Limited - India
- Holcim Trading Pte Ltd - Singapore
- Commonwealth Bank - Australia
- Meralco Power Generation, Philippines
- Global Business Power Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Lanco Infratech Ltd - India
- Wilmar Investment Holdings
- Asmin Koalindo Tuhup - Indonesia
- Coalindo Energy - Indonesia
- Eastern Coal Council - USA
- Kumho Petrochemical, South Korea
- Indian Oil Corporation Limited
- Bhoruka Overseas - Indonesia
- Manunggal Multi Energi - Indonesia
- Sakthi Sugars Limited - India
- Maheswari Brothers Coal Limited - India
- Makarim & Taira - Indonesia
- Toyota Tsusho Corporation, Japan
- Cigading International Bulk Terminal - Indonesia
- Standard Chartered Bank - UAE
- Indonesian Coal Mining Association
- Samtan Co., Ltd - South Korea
- Bhushan Steel Limited - India
- Thiess Contractors Indonesia
- Miang Besar Coal Terminal - Indonesia
- Sical Logistics Limited - India
- Edison Trading Spa - Italy
- Indian Energy Exchange, India
- Coastal Gujarat Power Limited - India
- Gujarat Sidhee Cement - India
- Sindya Power Generating Company Private Ltd
- Global Coal Blending Company Limited - Australia
- Attock Cement Pakistan Limited
- Vizag Seaport Private Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- India Bulls Power Limited - India
- Ind-Barath Power Infra Limited - India
- Grasim Industreis Ltd - India
- Antam Resourcindo - Indonesia
- Dalmia Cement Bharat India
- Petron Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Directorate Of Revenue Intelligence - India
- Electricity Generating Authority of Thailand
- AsiaOL BioFuels Corp., Philippines
- PowerSource Philippines DevCo
- Gujarat Electricity Regulatory Commission - India
- Mercuria Energy - Indonesia
- Eastern Energy - Thailand
- VISA Power Limited - India
- Energy Link Ltd, New Zealand
- Formosa Plastics Group - Taiwan
- OPG Power Generation Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- TeaM Sual Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- New Zealand Coal & Carbon
- Malabar Cements Ltd - India
- Independent Power Producers Association of India
- Orica Mining Services - Indonesia
- Jaiprakash Power Ventures ltd
- Bukit Baiduri Energy - Indonesia
- Singapore Mercantile Exchange
- Altura Mining Limited, Indonesia
- Trasteel International SA, Italy
- Kohat Cement Company Ltd. - Pakistan
- Kobexindo Tractors - Indoneisa
- Global Green Power PLC Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Baramulti Group, Indonesia
- Bulk Trading Sa - Switzerland
- Billiton Holdings Pty Ltd - Australia
- Merrill Lynch Commodities Europe
- Parliament of New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SMC Global Power, Philippines
- Latin American Coal - Colombia
- Videocon Industries ltd - India
- Agrawal Coal Company - India
- Tata Chemicals Ltd - India
- Bharathi Cement Corporation - India
- Ministry of Mines - Canada
- Savvy Resources Ltd - HongKong
- Australian Coal Association
- Electricity Authority, New Zealand
- ICICI Bank Limited - India
- Ministry of Finance - Indonesia
- Central Electricity Authority - India
- TNB Fuel Sdn Bhd - Malaysia
- Energy Development Corp, Philippines
- PNOC Exploration Corporation - Philippines
- Port Waratah Coal Services - Australia
- Economic Council, Georgia
- MS Steel International - UAE
- Bhatia International Limited - India
- Anglo American - United Kingdom
- Heidelberg Cement - Germany
- Minerals Council of Australia
- Thai Mozambique Logistica
- Salva Resources Pvt Ltd - India
- Ministry of Transport, Egypt
- PTC India Limited - India
- Semirara Mining and Power Corporation, Philippines
- White Energy Company Limited
- Siam City Cement PLC, Thailand
- GAC Shipping (India) Pvt Ltd
- Intertek Mineral Services - Indonesia
- Wood Mackenzie - Singapore
- Marubeni Corporation - India
- Uttam Galva Steels Limited - India
- Interocean Group of Companies - India
- Cement Manufacturers Association - India
- Sojitz Corporation - Japan
- Orica Australia Pty. Ltd.
- Indogreen Group - Indonesia
- Xindia Steels Limited - India
- Rashtriya Ispat Nigam Limited - India
- CNBM International Corporation - China
- Rio Tinto Coal - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Medco Energi Mining Internasional
- SMG Consultants - Indonesia
- Kepco SPC Power Corporation, Philippines
- Posco Energy - South Korea
- The State Trading Corporation of India Ltd
- Vedanta Resources Plc - India
- Alfred C Toepfer International GmbH - Germany
- Semirara Mining Corp, Philippines
- GVK Power & Infra Limited - India
- CIMB Investment Bank - Malaysia
- Deloitte Consulting - India
- Directorate General of MIneral and Coal - Indonesia
- Romanian Commodities Exchange
- The University of Queensland
- Oldendorff Carriers - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Therma Luzon, Inc, Philippines
- Indika Energy - Indonesia
- Chamber of Mines of South Africa
- SN Aboitiz Power Inc, Philippines
- Straits Asia Resources Limited - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mjunction Services Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sree Jayajothi Cements Limited - India
- San Jose City I Power Corp, Philippines
- Georgia Ports Authority, United States
- Chettinad Cement Corporation Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Africa Commodities Group - South Africa
- Aditya Birla Group - India
- Indo Tambangraya Megah - Indonesia
- GMR Energy Limited - India
- London Commodity Brokers - England
- Madhucon Powers Ltd - India
- Jindal Steel & Power Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bangladesh Power Developement Board
- Goldman Sachs - Singapore
- Power Finance Corporation Ltd., India
- Kideco Jaya Agung - Indonesia
- Mintek Dendrill Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Renaissance Capital - South Africa
- Essar Steel Hazira Ltd - India
- Iligan Light & Power Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Planning Commission, India
- Simpson Spence & Young - Indonesia
- McConnell Dowell - Australia
- Kartika Selabumi Mining - Indonesia
- European Bulk Services B.V. - Netherlands
- IEA Clean Coal Centre - UK
- Globalindo Alam Lestari - Indonesia
- Tamil Nadu electricity Board
- Pendopo Energi Batubara - Indonesia
- Metalloyd Limited - United Kingdom
- Bank of Tokyo Mitsubishi UFJ Ltd
- The Treasury - Australian Government
- Pipit Mutiara Jaya. PT, Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Carbofer General Trading SA - India
- Binh Thuan Hamico - Vietnam
- Australian Commodity Traders Exchange
- Kaltim Prima Coal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Karbindo Abesyapradhi - Indoneisa
- Bahari Cakrawala Sebuku - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Karaikal Port Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- ASAPP Information Group - India
- South Luzon Thermal Energy Corporation
- Coal and Oil Company - UAE
- Banpu Public Company Limited - Thailand
|
| |
| |
|
