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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, 21 April 09
INDONESIAN GOVT TO ALLOW UNDERGROUND MINING IN PROTECTED FORESTS - THE JAKARTA POST
The government will issue a regulation allowing mining companies to carry out underground mining in protected forests.
"This regulation will ...
Tuesday, 21 April 09
INDONESIAN GOVT LIKELY TO MISS INVESTMENT TARGETS FOR ENERGY, MINING - THE JAKARTA POST
The total value of investments in energy and mining sectors by the end of the year is likely to be below the government’s target, as a result of ...
Monday, 20 April 09
INDONESIAN COAL MINING ASSOCIATION CALLED TO CONTROL MINERS - MAJALA TAMBANG
The Indonesian Coal Mining Association (ICMA) is called to expand its membership further in view of controlling the conduct of miners in the nationa ...
Monday, 20 April 09
BANPU PLANS TO SHIP 2 MLN T COAL TO CHINA IN 09 - REUTERS
Banpu, Thailand's largest coal miner, plans to increase coal shipments to China by about 30 percent to 2 million tonnes in 2009, company officials ...
Monday, 20 April 09
INDO TAMBANGRAYA 2009 OUTPUT TO GO UP 16% - THE JAKARTA POST
Indonesia's third largest coal producer, publicly listed PT Indo Tambangraya Megah (ITM), is targeting to raise production by 16 percent this year ...
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- Semirara Mining Corp, Philippines
- Global Coal Blending Company Limited - Australia
- Makarim & Taira - Indonesia
- Global Green Power PLC Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Ministry of Mines - Canada
- OPG Power Generation Pvt Ltd - India
- Australian Coal Association
- Intertek Mineral Services - Indonesia
- Eastern Coal Council - USA
- Indika Energy - Indonesia
- Bangladesh Power Developement Board
- Trasteel International SA, Italy
- IHS Mccloskey Coal Group - USA
- Price Waterhouse Coopers - Russia
- Indian Energy Exchange, India
- Malabar Cements Ltd - India
- Posco Energy - South Korea
- VISA Power Limited - India
- Kapuas Tunggal Persada - Indonesia
- Vedanta Resources Plc - India
- Kaltim Prima Coal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Altura Mining Limited, Indonesia
- Independent Power Producers Association of India
- Kartika Selabumi Mining - Indonesia
- Heidelberg Cement - Germany
- Semirara Mining and Power Corporation, Philippines
- Rio Tinto Coal - Australia
- Eastern Energy - Thailand
- Mintek Dendrill Indonesia
- Lanco Infratech Ltd - India
- Electricity Authority, New Zealand
- Deloitte Consulting - India
- Timah Investasi Mineral - Indoneisa
- Aboitiz Power Corporation - Philippines
- Karaikal Port Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Cigading International Bulk Terminal - Indonesia
- London Commodity Brokers - England
- Gujarat Electricity Regulatory Commission - India
- Commonwealth Bank - Australia
- Anglo American - United Kingdom
- Renaissance Capital - South Africa
- Standard Chartered Bank - UAE
- PNOC Exploration Corporation - Philippines
- Economic Council, Georgia
- Thai Mozambique Logistica
- Grasim Industreis Ltd - India
- Indian Oil Corporation Limited
- Carbofer General Trading SA - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- South Luzon Thermal Energy Corporation
- Banpu Public Company Limited - Thailand
- Wood Mackenzie - Singapore
- Miang Besar Coal Terminal - Indonesia
- European Bulk Services B.V. - Netherlands
- Ministry of Transport, Egypt
- Alfred C Toepfer International GmbH - Germany
- Sindya Power Generating Company Private Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Jindal Steel & Power Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Mineral Development Corp Ltd - India
- Georgia Ports Authority, United States
- Tamil Nadu electricity Board
- Central Electricity Authority - India
- Asmin Koalindo Tuhup - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Billiton Holdings Pty Ltd - Australia
- Aditya Birla Group - India
- Thiess Contractors Indonesia
- Krishnapatnam Port Company Ltd. - India
- Larsen & Toubro Limited - India
- Bayan Resources Tbk. - Indonesia
- Mjunction Services Limited - India
- SN Aboitiz Power Inc, Philippines
- Directorate Of Revenue Intelligence - India
- Vizag Seaport Private Limited - India
- LBH Netherlands Bv - Netherlands
- Sojitz Corporation - Japan
- Xindia Steels Limited - India
- Siam City Cement - Thailand
- Binh Thuan Hamico - Vietnam
- Metalloyd Limited - United Kingdom
- Latin American Coal - Colombia
- Medco Energi Mining Internasional
- Meenaskhi Energy Private Limited - India
- San Jose City I Power Corp, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- White Energy Company Limited
- Bukit Baiduri Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- IEA Clean Coal Centre - UK
- ASAPP Information Group - India
- Interocean Group of Companies - India
- Orica Australia Pty. Ltd.
- Formosa Plastics Group - Taiwan
- Karbindo Abesyapradhi - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Parry Sugars Refinery, India
- Dalmia Cement Bharat India
- Jaiprakash Power Ventures ltd
- Maharashtra Electricity Regulatory Commission - India
- PetroVietnam Power Coal Import and Supply Company
- Minerals Council of Australia
- Edison Trading Spa - Italy
- The State Trading Corporation of India Ltd
- Port Waratah Coal Services - Australia
- Straits Asia Resources Limited - Singapore
- Coal and Oil Company - UAE
- Manunggal Multi Energi - Indonesia
- Riau Bara Harum - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Orica Mining Services - Indonesia
- Oldendorff Carriers - Singapore
- Planning Commission, India
- Kumho Petrochemical, South Korea
- Marubeni Corporation - India
- SMC Global Power, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Africa Commodities Group - South Africa
- Uttam Galva Steels Limited - India
- Sical Logistics Limited - India
- Kohat Cement Company Ltd. - Pakistan
- PowerSource Philippines DevCo
- Indo Tambangraya Megah - Indonesia
- Siam City Cement PLC, Thailand
- CNBM International Corporation - China
- Ambuja Cements Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Samtan Co., Ltd - South Korea
- The University of Queensland
- Energy Development Corp, Philippines
- Salva Resources Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Electricity Generating Authority of Thailand
- Mercator Lines Limited - India
- Videocon Industries ltd - India
- Therma Luzon, Inc, Philippines
- Bhatia International Limited - India
- Cement Manufacturers Association - India
- TNB Fuel Sdn Bhd - Malaysia
- GVK Power & Infra Limited - India
- Coastal Gujarat Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- Indogreen Group - Indonesia
- McConnell Dowell - Australia
- ICICI Bank Limited - India
- Bulk Trading Sa - Switzerland
- Bahari Cakrawala Sebuku - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Bhushan Steel Limited - India
- Simpson Spence & Young - Indonesia
- PTC India Limited - India
- Attock Cement Pakistan Limited
- New Zealand Coal & Carbon
- Singapore Mercantile Exchange
- Iligan Light & Power Inc, Philippines
- Coalindo Energy - Indonesia
- MS Steel International - UAE
- Pendopo Energi Batubara - Indonesia
- Romanian Commodities Exchange
- TeaM Sual Corporation - Philippines
- Wilmar Investment Holdings
- Madhucon Powers Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Australian Commodity Traders Exchange
- Kideco Jaya Agung - Indonesia
- International Coal Ventures Pvt Ltd - India
- Bharathi Cement Corporation - India
- Parliament of New Zealand
- GMR Energy Limited - India
- Merrill Lynch Commodities Europe
- Essar Steel Hazira Ltd - India
- Star Paper Mills Limited - India
- Sakthi Sugars Limited - India
- Power Finance Corporation Ltd., India
- Toyota Tsusho Corporation, Japan
- Tata Chemicals Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Baramulti Group, Indonesia
- CIMB Investment Bank - Malaysia
- Globalindo Alam Lestari - Indonesia
- Ministry of Finance - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Savvy Resources Ltd - HongKong
- Agrawal Coal Company - India
- Gujarat Sidhee Cement - India
- Central Java Power - Indonesia
- Indonesian Coal Mining Association
- Borneo Indobara - Indonesia
- Sree Jayajothi Cements Limited - India
- Bukit Makmur.PT - Indonesia
- SMG Consultants - Indonesia
- The Treasury - Australian Government
- Goldman Sachs - Singapore
- Antam Resourcindo - Indonesia
- Petron Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Mercuria Energy - Indonesia
- India Bulls Power Limited - India
- Chamber of Mines of South Africa
- Meralco Power Generation, Philippines
- Kobexindo Tractors - Indoneisa
- Maheswari Brothers Coal Limited - India
- Energy Link Ltd, New Zealand
- Chettinad Cement Corporation Ltd - India
- Global Business Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
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