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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, Coal Minister Sriprakash Jaiswal said Monday.
“We are strongly considering to allow commercial coal mining by private firms,” Jaiswal told reporters here.
Currently, the government allows only state-run firms such as Coal India Ltd to mine for commercial use, while private companies are allowed to mine only for captive consumption.
Officials said letting private firms to mine coal would boost India’s coal output and reduce dependence on imports.
India produces over 450 million tonnes of coal annually.
Former power secretary V.S. Sampath had said in March that the country would have to import 35 million tonnes of coal in 2009-10 to run its power utilities.
The government is expected to spell out reforms in the mining sector in the 2009-10 budget, slated to be presented July 6 in the Lok Sabha.
President Pratibha Patil during her address to a joint session of parliament June 9 had indicated reforms in the sector.
The coal ministry is likely to introduce the Coal Nationalisation (Amendment) Bill, 2000, in the coming budget session, which would allow private companies to participate in the mining.
The bill was earlier introduced in parliament during the National Democratic Alliance (NDA) government’s tenure.
The government will likely seek an amendment to the bill to permit competitive bidding of captive coal blocks. This proposal has already been cleared by the cabinet.
Source: World Latest News
(http://www.worldlatestnews.com/business-news/government-may-allow-private-companies-to-mine-coal)
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Saturday, 13 June 09
CLEARLY THE DRIVER FOR DRY BULK MARKET SEEMS TO BE IMPORTS BY CHINA - VISTAAR SINGAPORE
COALspot.com (Singapore): The market saw mixed results last week. The beginning of the week saw the indices dropping including the futures , however t ...
Friday, 12 June 09
SOUTH SUMATERA SPEEDS UP INTERNATIONAL HARBOR CONSTRUCTION - TEMPO INTERACTIVE
The South Sumatera Government will speed up construction of the international harbor Tanjung Api-Api. The harbor is a strategic entry point for comm ...
Friday, 12 June 09
CHINA SHENHUA NOT EYEING NEW FOREIGN COAL MINES - MEDIA
China Shenhua Energy Co Ltd , the top Chinese coal miner, will not consider buying any major overseas mines before it starts operating the Watermark ...
Friday, 12 June 09
CHINA TOP POWER COS SIGN REGIONAL COAL DEALS - REUTERS
China's top five power generating groups have signed 2009 coal supply contracts with miners in Guizhou and Xinjiang, with prices up 4 percent on th ...
Friday, 12 June 09
MERCATOR LINES TARGETS 30 MILLION TONNE FROM MOZAMBIQUE COAL MINE - STEEL GURU
India’s second largest private shipping company Mercator Lines has targeted production of 30 million tonnes of coal from its Mozambique mine o ...
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- Sree Jayajothi Cements Limited - India
- Iligan Light & Power Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Xindia Steels Limited - India
- Pendopo Energi Batubara - Indonesia
- Madhucon Powers Ltd - India
- Lanco Infratech Ltd - India
- Deloitte Consulting - India
- Indika Energy - Indonesia
- Savvy Resources Ltd - HongKong
- Energy Development Corp, Philippines
- Tata Chemicals Ltd - India
- Parry Sugars Refinery, India
- Borneo Indobara - Indonesia
- Agrawal Coal Company - India
- San Jose City I Power Corp, Philippines
- Global Green Power PLC Corporation, Philippines
- Marubeni Corporation - India
- IEA Clean Coal Centre - UK
- Eastern Energy - Thailand
- CNBM International Corporation - China
- Bhushan Steel Limited - India
- Bharathi Cement Corporation - India
- PetroVietnam Power Coal Import and Supply Company
- Thai Mozambique Logistica
- Mjunction Services Limited - India
- Essar Steel Hazira Ltd - India
- Trasteel International SA, Italy
- Bank of Tokyo Mitsubishi UFJ Ltd
- International Coal Ventures Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Rashtriya Ispat Nigam Limited - India
- Renaissance Capital - South Africa
- Bukit Baiduri Energy - Indonesia
- Riau Bara Harum - Indonesia
- Planning Commission, India
- Directorate General of MIneral and Coal - Indonesia
- Energy Link Ltd, New Zealand
- Central Java Power - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Meralco Power Generation, Philippines
- Wood Mackenzie - Singapore
- Mintek Dendrill Indonesia
- Bayan Resources Tbk. - Indonesia
- ICICI Bank Limited - India
- LBH Netherlands Bv - Netherlands
- Australian Coal Association
- Kohat Cement Company Ltd. - Pakistan
- Global Coal Blending Company Limited - Australia
- Indogreen Group - Indonesia
- Straits Asia Resources Limited - Singapore
- MS Steel International - UAE
- Bulk Trading Sa - Switzerland
- Dalmia Cement Bharat India
- Electricity Authority, New Zealand
- Mercuria Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Goldman Sachs - Singapore
- Jaiprakash Power Ventures ltd
- Sarangani Energy Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Orica Mining Services - Indonesia
- Attock Cement Pakistan Limited
- Krishnapatnam Port Company Ltd. - India
- London Commodity Brokers - England
- Billiton Holdings Pty Ltd - Australia
- ASAPP Information Group - India
- Meenaskhi Energy Private Limited - India
- SMC Global Power, Philippines
- Grasim Industreis Ltd - India
- Interocean Group of Companies - India
- The State Trading Corporation of India Ltd
- Directorate Of Revenue Intelligence - India
- Medco Energi Mining Internasional
- Merrill Lynch Commodities Europe
- Pipit Mutiara Jaya. PT, Indonesia
- Anglo American - United Kingdom
- Ministry of Finance - Indonesia
- Orica Australia Pty. Ltd.
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Rio Tinto Coal - Australia
- Videocon Industries ltd - India
- Port Waratah Coal Services - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bukit Makmur.PT - Indonesia
- Central Electricity Authority - India
- Heidelberg Cement - Germany
- Indonesian Coal Mining Association
- Vedanta Resources Plc - India
- PowerSource Philippines DevCo
- Economic Council, Georgia
- Semirara Mining and Power Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Minerals Council of Australia
- Bhoruka Overseas - Indonesia
- Salva Resources Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Sakthi Sugars Limited - India
- Ind-Barath Power Infra Limited - India
- Timah Investasi Mineral - Indoneisa
- Toyota Tsusho Corporation, Japan
- Baramulti Group, Indonesia
- GVK Power & Infra Limited - India
- Intertek Mineral Services - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Wilmar Investment Holdings
- Siam City Cement - Thailand
- Australian Commodity Traders Exchange
- Aditya Birla Group - India
- Power Finance Corporation Ltd., India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Africa Commodities Group - South Africa
- Chettinad Cement Corporation Ltd - India
- Posco Energy - South Korea
- Electricity Generating Authority of Thailand
- Jindal Steel & Power Ltd - India
- Oldendorff Carriers - Singapore
- Aboitiz Power Corporation - Philippines
- Jorong Barutama Greston.PT - Indonesia
- Edison Trading Spa - Italy
- Therma Luzon, Inc, Philippines
- McConnell Dowell - Australia
- TeaM Sual Corporation - Philippines
- VISA Power Limited - India
- Gujarat Electricity Regulatory Commission - India
- Independent Power Producers Association of India
- Romanian Commodities Exchange
- Karaikal Port Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- The University of Queensland
- PTC India Limited - India
- India Bulls Power Limited - India
- Cement Manufacturers Association - India
- Holcim Trading Pte Ltd - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Eastern Coal Council - USA
- Commonwealth Bank - Australia
- Coalindo Energy - Indonesia
- Kumho Petrochemical, South Korea
- PNOC Exploration Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- Cigading International Bulk Terminal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- IHS Mccloskey Coal Group - USA
- Indian Energy Exchange, India
- Mercator Lines Limited - India
- Kartika Selabumi Mining - Indonesia
- Sojitz Corporation - Japan
- Larsen & Toubro Limited - India
- Sical Logistics Limited - India
- Gujarat Sidhee Cement - India
- Kapuas Tunggal Persada - Indonesia
- Indo Tambangraya Megah - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Parliament of New Zealand
- Gujarat Mineral Development Corp Ltd - India
- Global Business Power Corporation, Philippines
- Petron Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Mines - Canada
- Carbofer General Trading SA - India
- Sinarmas Energy and Mining - Indonesia
- Vizag Seaport Private Limited - India
- Antam Resourcindo - Indonesia
- Singapore Mercantile Exchange
- Sindya Power Generating Company Private Ltd
- Simpson Spence & Young - Indonesia
- Bhatia International Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Bahari Cakrawala Sebuku - Indonesia
- White Energy Company Limited
- GN Power Mariveles Coal Plant, Philippines
- SMG Consultants - Indonesia
- Ambuja Cements Ltd - India
- OPG Power Generation Pvt Ltd - India
- Latin American Coal - Colombia
- Kepco SPC Power Corporation, Philippines
- Star Paper Mills Limited - India
- Tamil Nadu electricity Board
- New Zealand Coal & Carbon
- South Luzon Thermal Energy Corporation
- The Treasury - Australian Government
- Indian Oil Corporation Limited
- Kideco Jaya Agung - Indonesia
- Bangladesh Power Developement Board
- Semirara Mining Corp, Philippines
- Coastal Gujarat Power Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Altura Mining Limited, Indonesia
- Malabar Cements Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Thiess Contractors Indonesia
- Globalindo Alam Lestari - Indonesia
- Coal and Oil Company - UAE
- Chamber of Mines of South Africa
- Miang Besar Coal Terminal - Indonesia
- Uttam Galva Steels Limited - India
- Maheswari Brothers Coal Limited - India
- Makarim & Taira - Indonesia
- Samtan Co., Ltd - South Korea
- Ceylon Electricity Board - Sri Lanka
- GMR Energy Limited - India
- SN Aboitiz Power Inc, Philippines
- Price Waterhouse Coopers - Russia
- European Bulk Services B.V. - Netherlands
- Binh Thuan Hamico - Vietnam
- Georgia Ports Authority, United States
- GAC Shipping (India) Pvt Ltd
- Standard Chartered Bank - UAE
- Formosa Plastics Group - Taiwan
- Kaltim Prima Coal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Barasentosa Lestari - Indonesia
- Ministry of Transport, Egypt
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