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Sunday, 04 October 09
GOVT THREATENS TO CANCEL COAL BLOCK ALLOTTED TO BINANI CEMENT
 Economic Times reported that, The government has threatened to cancel a coal block allocated for captive use to Binani Cement saying the company seems to be a non-serious player.
"Your company has not only violated the government orders but also seems to be not interested to develop the block as per the milestone chart and terms and conditions of the allocation... The progress is not satisfactory and your company seems to be a non-serious player," the coal ministry said in a showcause notice issued to the company.
Binani Cement said it has already sought time from the government for assessing the viability and feasibility of the block as the decision to acquire the block rests on the report indicating the quality of coal.
The coal ministry served notice on September 29 to the company and sought its reply within 15 days, seeking reasons for the delay in developing the mines allotted for captive use, failing which the process to de-allocate the block would start.
The company has also failed to submit a bank guarantee amount of Rs 5.86 crore to the ministry in the stipulated time frame, it said.
Also, it added that the company has not even applied for any mining related licence with the state government till now.
Earlier, the government had issued notices to ArcelorMittal and MMTC warning cancellation of blocks alloted to them for failing to develop the mines.
Source: Economic Times
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Thursday, 24 September 09
S.KOREA HYUNDAI STEEL TO BUY COAL FROM SIBERIA
Reuters reported that, South Korea's Hyundai Steel said on Wednesday it will buy a maximum of 300,000 tonnes of coal per year from Siberian Anthrac ...
Thursday, 24 September 09
NO IMPORTED COAL-BASED UMPPS: TATA POWER
Will wait until policy environment becomes more favourable.
Business Standard reported that, Tata Power Company (TPC), India’s largest priv ...
Thursday, 24 September 09
BUMI RAISES $1.9 BILLION SELLING DEBT TO CHINA'S CIC
Bloomberg reported that, PT Bumi Resources, Indonesia’s biggest coal producer, said it raised $1.9 billion selling debt to China’s sover ...
Thursday, 24 September 09
MACQUARIE DOWNGRADES U.S. COAL SECTOR TO NEUTRAL
Reuters reported that, Macquarie Research downgraded the U.S. coal sector to "neutral" from "overweight" as it believes that dem ...
Thursday, 24 September 09
CHINA WILL BE IMPORTER OF COKING COAL NEXT YEAR, MCCLOSKEY SAYS
Bloomberg reported that, China, the world’s largest coal user and producer, will remain an importer of the fuel through next year, according t ...
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- Bharathi Cement Corporation - India
- Formosa Plastics Group - Taiwan
- Sinarmas Energy and Mining - Indonesia
- Wilmar Investment Holdings
- Indian Oil Corporation Limited
- Romanian Commodities Exchange
- Kartika Selabumi Mining - Indonesia
- MS Steel International - UAE
- Manunggal Multi Energi - Indonesia
- Bukit Makmur.PT - Indonesia
- Economic Council, Georgia
- GAC Shipping (India) Pvt Ltd
- Iligan Light & Power Inc, Philippines
- ASAPP Information Group - India
- Energy Link Ltd, New Zealand
- Meenaskhi Energy Private Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Eastern Energy - Thailand
- Ministry of Finance - Indonesia
- GVK Power & Infra Limited - India
- Essar Steel Hazira Ltd - India
- Kobexindo Tractors - Indoneisa
- Bangladesh Power Developement Board
- Kaltim Prima Coal - Indonesia
- VISA Power Limited - India
- Price Waterhouse Coopers - Russia
- PNOC Exploration Corporation - Philippines
- Ambuja Cements Ltd - India
- Directorate Of Revenue Intelligence - India
- Dalmia Cement Bharat India
- Electricity Generating Authority of Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- IHS Mccloskey Coal Group - USA
- Africa Commodities Group - South Africa
- Xindia Steels Limited - India
- AsiaOL BioFuels Corp., Philippines
- Uttam Galva Steels Limited - India
- Indika Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Eastern Coal Council - USA
- Bahari Cakrawala Sebuku - Indonesia
- IEA Clean Coal Centre - UK
- Baramulti Group, Indonesia
- Jindal Steel & Power Ltd - India
- Therma Luzon, Inc, Philippines
- Renaissance Capital - South Africa
- Sojitz Corporation - Japan
- Thiess Contractors Indonesia
- Timah Investasi Mineral - Indoneisa
- SMC Global Power, Philippines
- Indonesian Coal Mining Association
- Energy Development Corp, Philippines
- Parry Sugars Refinery, India
- Orica Australia Pty. Ltd.
- Riau Bara Harum - Indonesia
- Coal and Oil Company - UAE
- Wood Mackenzie - Singapore
- Global Coal Blending Company Limited - Australia
- Mjunction Services Limited - India
- Port Waratah Coal Services - Australia
- Standard Chartered Bank - UAE
- Malabar Cements Ltd - India
- Tata Chemicals Ltd - India
- Mercator Lines Limited - India
- Chettinad Cement Corporation Ltd - India
- London Commodity Brokers - England
- Banpu Public Company Limited - Thailand
- Chamber of Mines of South Africa
- Savvy Resources Ltd - HongKong
- Meralco Power Generation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Jaiprakash Power Ventures ltd
- Holcim Trading Pte Ltd - Singapore
- Electricity Authority, New Zealand
- White Energy Company Limited
- Commonwealth Bank - Australia
- Makarim & Taira - Indonesia
- Ministry of Transport, Egypt
- Semirara Mining and Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Jorong Barutama Greston.PT - Indonesia
- Globalindo Alam Lestari - Indonesia
- Trasteel International SA, Italy
- Straits Asia Resources Limited - Singapore
- Goldman Sachs - Singapore
- Mintek Dendrill Indonesia
- European Bulk Services B.V. - Netherlands
- Deloitte Consulting - India
- Vedanta Resources Plc - India
- Bulk Trading Sa - Switzerland
- New Zealand Coal & Carbon
- Marubeni Corporation - India
- Aditya Birla Group - India
- International Coal Ventures Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Bayan Resources Tbk. - Indonesia
- Minerals Council of Australia
- Karaikal Port Pvt Ltd - India
- Anglo American - United Kingdom
- Larsen & Toubro Limited - India
- Indogreen Group - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Bhushan Steel Limited - India
- CIMB Investment Bank - Malaysia
- India Bulls Power Limited - India
- Siam City Cement - Thailand
- OPG Power Generation Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Agrawal Coal Company - India
- Coalindo Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ceylon Electricity Board - Sri Lanka
- TNB Fuel Sdn Bhd - Malaysia
- Latin American Coal - Colombia
- Sindya Power Generating Company Private Ltd
- Maheswari Brothers Coal Limited - India
- Posco Energy - South Korea
- Central Java Power - Indonesia
- Siam City Cement PLC, Thailand
- Vizag Seaport Private Limited - India
- Altura Mining Limited, Indonesia
- Kapuas Tunggal Persada - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Alfred C Toepfer International GmbH - Germany
- Power Finance Corporation Ltd., India
- Georgia Ports Authority, United States
- Ind-Barath Power Infra Limited - India
- Independent Power Producers Association of India
- SMG Consultants - Indonesia
- Indian Energy Exchange, India
- Kideco Jaya Agung - Indonesia
- Aboitiz Power Corporation - Philippines
- Medco Energi Mining Internasional
- Cement Manufacturers Association - India
- The State Trading Corporation of India Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Semirara Mining Corp, Philippines
- Kumho Petrochemical, South Korea
- Samtan Co., Ltd - South Korea
- The University of Queensland
- LBH Netherlands Bv - Netherlands
- Asmin Koalindo Tuhup - Indonesia
- Intertek Mineral Services - Indonesia
- Australian Coal Association
- Videocon Industries ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Kepco SPC Power Corporation, Philippines
- McConnell Dowell - Australia
- Rio Tinto Coal - Australia
- Sical Logistics Limited - India
- Sree Jayajothi Cements Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Carbofer General Trading SA - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Parliament of New Zealand
- Salva Resources Pvt Ltd - India
- PTC India Limited - India
- Petron Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhoruka Overseas - Indonesia
- Bhatia International Limited - India
- Heidelberg Cement - Germany
- ICICI Bank Limited - India
- Mercuria Energy - Indonesia
- CNBM International Corporation - China
- Ministry of Mines - Canada
- Neyveli Lignite Corporation Ltd, - India
- The Treasury - Australian Government
- Attock Cement Pakistan Limited
- Singapore Mercantile Exchange
- Coastal Gujarat Power Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Borneo Indobara - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Grasim Industreis Ltd - India
- Merrill Lynch Commodities Europe
- Thai Mozambique Logistica
- Bukit Baiduri Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Leighton Contractors Pty Ltd - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Binh Thuan Hamico - Vietnam
- Star Paper Mills Limited - India
- Gujarat Sidhee Cement - India
- Gujarat Mineral Development Corp Ltd - India
- Interocean Group of Companies - India
- Sarangani Energy Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Gujarat Electricity Regulatory Commission - India
- Miang Besar Coal Terminal - Indonesia
- PowerSource Philippines DevCo
- Australian Commodity Traders Exchange
- Global Business Power Corporation, Philippines
- Antam Resourcindo - Indonesia
- Lanco Infratech Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- GMR Energy Limited - India
- Orica Mining Services - Indonesia
- Edison Trading Spa - Italy
- Simpson Spence & Young - Indonesia
- SN Aboitiz Power Inc, Philippines
- Tamil Nadu electricity Board
- Toyota Tsusho Corporation, Japan
- Planning Commission, India
- Metalloyd Limited - United Kingdom
- Central Electricity Authority - India
- Madhucon Powers Ltd - India
- Global Green Power PLC Corporation, Philippines
- Sakthi Sugars Limited - India
- TeaM Sual Corporation - Philippines
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