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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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Thursday, 04 June 09
ASIA COAL - PRICES RISE TO 31/2 MTH HIGH ON OIL, ECONOMY - INTERACTIVE INVESTOR
Interactive Investor reported that, Prices of power-station coal from Australia, a benchmark for Asia, rose to a three-and-a-half-month high of over ...
Thursday, 04 June 09
PTT: RESTRUCTURING BUSINESS, DIVERSIFYING INTO COAL - EASYBOURSE
Thailand's largest energy conglomerate, PTT PCL (PTT.TH), will diversify into coal as part of its business restructuring, Senior Executive Vice Pre ...
Thursday, 04 June 09
ADARO SECURES THREE NEW CONTRACTS, SAYS OUTLOOK POSITIVE - THE JAKARTA POST
Publicly listed PT Adaro Energy, the country's second largest coal miner, announced Wednesday it had secured three new coal contracts from buyers f ...
Wednesday, 03 June 09
XSTRATA, KOMIPO AGREE SOME '09 COAL TONNAGE AT $63/T- REUTERS
South Korean utility Korea Midland Power Co (KOMIPO) has agreed to buy part of its 2009 term contract tonnage from Xstrata's coal unit at about $63 ...
Wednesday, 03 June 09
KOSEP SEEKS UP TO 3 MLN TONNES OF COAL - REUTERS
Korea South-East Power Co Ltd (KOSEP) has issued four tenders seeking a total of 3 million tonnes of coal for delivery between 2009 to 2011, a tende ...
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- Leighton Contractors Pty Ltd - Australia
- Deloitte Consulting - India
- Timah Investasi Mineral - Indoneisa
- European Bulk Services B.V. - Netherlands
- Parliament of New Zealand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Bukit Makmur.PT - Indonesia
- Vizag Seaport Private Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Salva Resources Pvt Ltd - India
- SMG Consultants - Indonesia
- Formosa Plastics Group - Taiwan
- International Coal Ventures Pvt Ltd - India
- Borneo Indobara - Indonesia
- Eastern Energy - Thailand
- Sree Jayajothi Cements Limited - India
- Goldman Sachs - Singapore
- Wilmar Investment Holdings
- Chettinad Cement Corporation Ltd - India
- Siam City Cement - Thailand
- Aditya Birla Group - India
- Coastal Gujarat Power Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Petron Corporation, Philippines
- India Bulls Power Limited - India
- Chamber of Mines of South Africa
- Sindya Power Generating Company Private Ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bharathi Cement Corporation - India
- Malabar Cements Ltd - India
- Vedanta Resources Plc - India
- Manunggal Multi Energi - Indonesia
- Videocon Industries ltd - India
- Larsen & Toubro Limited - India
- Interocean Group of Companies - India
- AsiaOL BioFuels Corp., Philippines
- Metalloyd Limited - United Kingdom
- Thiess Contractors Indonesia
- South Luzon Thermal Energy Corporation
- PTC India Limited - India
- Coal and Oil Company - UAE
- Power Finance Corporation Ltd., India
- Coalindo Energy - Indonesia
- Romanian Commodities Exchange
- Siam City Cement PLC, Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Tamil Nadu electricity Board
- Kapuas Tunggal Persada - Indonesia
- Bulk Trading Sa - Switzerland
- Tata Chemicals Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Agrawal Coal Company - India
- Singapore Mercantile Exchange
- Bayan Resources Tbk. - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Trasteel International SA, Italy
- Holcim Trading Pte Ltd - Singapore
- Directorate General of MIneral and Coal - Indonesia
- VISA Power Limited - India
- Attock Cement Pakistan Limited
- Jaiprakash Power Ventures ltd
- Globalindo Alam Lestari - Indonesia
- Mjunction Services Limited - India
- Barasentosa Lestari - Indonesia
- TeaM Sual Corporation - Philippines
- Mercuria Energy - Indonesia
- Sojitz Corporation - Japan
- London Commodity Brokers - England
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Electricity Regulatory Commission - India
- McConnell Dowell - Australia
- Cigading International Bulk Terminal - Indonesia
- Bangladesh Power Developement Board
- Xindia Steels Limited - India
- Parry Sugars Refinery, India
- Mercator Lines Limited - India
- Orica Mining Services - Indonesia
- Global Business Power Corporation, Philippines
- Sical Logistics Limited - India
- Therma Luzon, Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Mintek Dendrill Indonesia
- Maheswari Brothers Coal Limited - India
- Bhushan Steel Limited - India
- Bukit Baiduri Energy - Indonesia
- Indika Energy - Indonesia
- Renaissance Capital - South Africa
- Grasim Industreis Ltd - India
- The University of Queensland
- New Zealand Coal & Carbon
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- White Energy Company Limited
- Ceylon Electricity Board - Sri Lanka
- Banpu Public Company Limited - Thailand
- Ind-Barath Power Infra Limited - India
- Posco Energy - South Korea
- Savvy Resources Ltd - HongKong
- Bhatia International Limited - India
- IEA Clean Coal Centre - UK
- Star Paper Mills Limited - India
- Madhucon Powers Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Standard Chartered Bank - UAE
- Electricity Generating Authority of Thailand
- Vijayanagar Sugar Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Meenaskhi Energy Private Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Africa Commodities Group - South Africa
- Merrill Lynch Commodities Europe
- Medco Energi Mining Internasional
- Edison Trading Spa - Italy
- PNOC Exploration Corporation - Philippines
- Energy Development Corp, Philippines
- Uttam Galva Steels Limited - India
- PowerSource Philippines DevCo
- Indian Oil Corporation Limited
- Australian Coal Association
- Semirara Mining and Power Corporation, Philippines
- Meralco Power Generation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- CIMB Investment Bank - Malaysia
- ICICI Bank Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Dalmia Cement Bharat India
- Pendopo Energi Batubara - Indonesia
- Gujarat Sidhee Cement - India
- Alfred C Toepfer International GmbH - Germany
- Independent Power Producers Association of India
- Kideco Jaya Agung - Indonesia
- Minerals Council of Australia
- Lanco Infratech Ltd - India
- Kartika Selabumi Mining - Indonesia
- Energy Link Ltd, New Zealand
- The State Trading Corporation of India Ltd
- Aboitiz Power Corporation - Philippines
- Ministry of Transport, Egypt
- Simpson Spence & Young - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Planning Commission, India
- MS Steel International - UAE
- Heidelberg Cement - Germany
- GVK Power & Infra Limited - India
- Port Waratah Coal Services - Australia
- Samtan Co., Ltd - South Korea
- PetroVietnam Power Coal Import and Supply Company
- Rio Tinto Coal - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- IHS Mccloskey Coal Group - USA
- Economic Council, Georgia
- OPG Power Generation Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Sarangani Energy Corporation, Philippines
- GMR Energy Limited - India
- Indogreen Group - Indonesia
- SMC Global Power, Philippines
- Georgia Ports Authority, United States
- Marubeni Corporation - India
- Central Electricity Authority - India
- Gujarat Mineral Development Corp Ltd - India
- Commonwealth Bank - Australia
- Central Java Power - Indonesia
- Ambuja Cements Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Australian Commodity Traders Exchange
- Riau Bara Harum - Indonesia
- Indian Energy Exchange, India
- GAC Shipping (India) Pvt Ltd
- Thai Mozambique Logistica
- Jindal Steel & Power Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The Treasury - Australian Government
- Directorate Of Revenue Intelligence - India
- Kobexindo Tractors - Indoneisa
- Ministry of Finance - Indonesia
- Sakthi Sugars Limited - India
- Baramulti Group, Indonesia
- Antam Resourcindo - Indonesia
- Oldendorff Carriers - Singapore
- Price Waterhouse Coopers - Russia
- Toyota Tsusho Corporation, Japan
- Indo Tambangraya Megah - Indonesia
- Ministry of Mines - Canada
- Makarim & Taira - Indonesia
- CNBM International Corporation - China
- GN Power Mariveles Coal Plant, Philippines
- Maharashtra Electricity Regulatory Commission - India
- LBH Netherlands Bv - Netherlands
- Semirara Mining Corp, Philippines
- Global Green Power PLC Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Altura Mining Limited, Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Cement Manufacturers Association - India
- Eastern Coal Council - USA
- Kumho Petrochemical, South Korea
- San Jose City I Power Corp, Philippines
- Binh Thuan Hamico - Vietnam
- Anglo American - United Kingdom
- Carbofer General Trading SA - India
- Bahari Cakrawala Sebuku - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Karaikal Port Pvt Ltd - India
- ASAPP Information Group - India
- Bhoruka Overseas - Indonesia
- Wood Mackenzie - Singapore
- Electricity Authority, New Zealand
- Latin American Coal - Colombia
- Iligan Light & Power Inc, Philippines
- Indonesian Coal Mining Association
- Orica Australia Pty. Ltd.
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