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Thursday, 30 January 20
PRIVATE SECTOR COMPANIES SEEK 'LEVEL PLAYING FIELD' FOR COAL BLOCK AUCTION - PTI
 Private sector companies scouting opportunities for commercial coal mining in the country are seeking a “level playing field” to encourage them to participate in the bidding process, sources said.
Given the international scenario, global mining companies are looking to gradually reduce their exposure and investments in the coal sector and this will have an impact on FDI in commercial mining, private companies’ officials said.
“If the government does not provide the level playing field to private sector firms for commercial mining, the interest among mining firms will not take-off as it was envisaged earlier,” an official of the country’s leading private sector conglomerate told PTI.
The opening up of commercial coal mining for private sector is the most ambitious reform since the nationalisation of this sector, ending the monopoly of state-owned Coal India Ltd (CIL).
Ministry of Coal is holding consultative meetings in various cities with the stakeholders to discuss the draft methodology as well as key bidding terms and conditions for auction of coal mines for commercial mining.
A closed-door consultative meeting on the proposed coal block auction for commercial mining was held in the city on Tuesday and some 15-20 representatives from mining companies and associations participated in it, sources said.
Many stakeholders stated that a “penalty clause” is a major deterrent and will “not encourage serious commercial miners to participate in the bidding process”.
Explaining about “level playing field”, the official of the private sector company said that there is “no penalty clause” in case of Coal India while they will have to bear a risk to pay, if production quantity is below a threshold level
“We have also sought clarification about computation of the penalty for production below 70 per cent of the targeted output in three years,” the official said.
Central Mine Planning & Design Institute Ltd chairman Shekar Saran said the government has relaxed several conditions to make bidding attractive.
“The Centre expects large participation in the auction process,” he said.
However, officials private sctor companies said several financial institutions and mining majors had either stated to exit coal business or given a roadmap to reduce their exposure toward the polluting sector.
Coal sector analysts claimed that after cancellation of allocations of captive coal mines by the Supreme Court, some 80 blcoks were auctioned and only 18 projects had taken off.
The government had said that the first round of auctioning of blocks for commercial mining is expected to be launched in the current fiscal.
There are about 80-100 coal blocks which are likely to be auctioned in multiple phases over the next few years.
Source: PTI
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Wednesday, 26 February 20
SHIPPING MARKET INSIGHT - INTERMODAL
Coming from one of its busiest periods historically, with a list of scrubber and BWMS retrofits on a waiting list, the ship repair sector is witnes ...
Wednesday, 26 February 20
AS ALL OF THE GLOBAL COAL GIANTS EXIT SOUTH AFRICA, ESKOM TO DEPEND ON TWO MINERS FOR 70% OF ITS SUPPLY - BUSINESS INSIDER
While some of its politicians continue to imagine that coal has a future in South Africa, two key developments from the real world show that securi ...
Tuesday, 25 February 20
DELTA DUNIA MAKMUR REGISTERED A NET PROFIT OF US$20 MILLION FOR FY 2019
PT Delta Dunia Makmur, one of the largest coal mining company in Indonesia, has recorded an US$882 million revenue for FY 2019, 1% lower compared t ...
Tuesday, 25 February 20
SHIPPING UPDATE - ALLIED
The positive feeling and optimism for a fresh rally during the first few months of 2020 that prevailed in the tanker markets during the final quart ...
Monday, 24 February 20
COULD SOME VLSFO FUELS BE BANNED? - GIBSON
The run up to the implementation of the new IMO rules on marine fuels from1st January 2020 had owners and charterers analysing the vari ...
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Showing 1106 to 1110 news of total 6871 |
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- Chettinad Cement Corporation Ltd - India
- Indika Energy - Indonesia
- Mercuria Energy - Indonesia
- Siam City Cement - Thailand
- San Jose City I Power Corp, Philippines
- Semirara Mining Corp, Philippines
- Therma Luzon, Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Trasteel International SA, Italy
- Directorate General of MIneral and Coal - Indonesia
- The Treasury - Australian Government
- Aditya Birla Group - India
- PTC India Limited - India
- Siam City Cement PLC, Thailand
- CNBM International Corporation - China
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Singapore Mercantile Exchange
- Manunggal Multi Energi - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Independent Power Producers Association of India
- Coal and Oil Company - UAE
- Indian Oil Corporation Limited
- Directorate Of Revenue Intelligence - India
- Coastal Gujarat Power Limited - India
- Mintek Dendrill Indonesia
- Gujarat Sidhee Cement - India
- Bayan Resources Tbk. - Indonesia
- Sree Jayajothi Cements Limited - India
- Karaikal Port Pvt Ltd - India
- Ministry of Transport, Egypt
- Mjunction Services Limited - India
- Deloitte Consulting - India
- Port Waratah Coal Services - Australia
- Madhucon Powers Ltd - India
- Mercator Lines Limited - India
- Agrawal Coal Company - India
- Dalmia Cement Bharat India
- Edison Trading Spa - Italy
- Indo Tambangraya Megah - Indonesia
- IHS Mccloskey Coal Group - USA
- Bulk Trading Sa - Switzerland
- SMC Global Power, Philippines
- Kapuas Tunggal Persada - Indonesia
- Maheswari Brothers Coal Limited - India
- Videocon Industries ltd - India
- Formosa Plastics Group - Taiwan
- Central Java Power - Indonesia
- Metalloyd Limited - United Kingdom
- Offshore Bulk Terminal Pte Ltd, Singapore
- Interocean Group of Companies - India
- Baramulti Group, Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Electricity Generating Authority of Thailand
- Karbindo Abesyapradhi - Indoneisa
- Timah Investasi Mineral - Indoneisa
- Vedanta Resources Plc - India
- Billiton Holdings Pty Ltd - Australia
- South Luzon Thermal Energy Corporation
- Barasentosa Lestari - Indonesia
- Kaltim Prima Coal - Indonesia
- Petron Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Holcim Trading Pte Ltd - Singapore
- Medco Energi Mining Internasional
- ASAPP Information Group - India
- Carbofer General Trading SA - India
- Borneo Indobara - Indonesia
- VISA Power Limited - India
- McConnell Dowell - Australia
- Ind-Barath Power Infra Limited - India
- Uttam Galva Steels Limited - India
- Straits Asia Resources Limited - Singapore
- Makarim & Taira - Indonesia
- Eastern Coal Council - USA
- Essar Steel Hazira Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Lanco Infratech Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Economic Council, Georgia
- PetroVietnam Power Coal Import and Supply Company
- Cigading International Bulk Terminal - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Jindal Steel & Power Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- LBH Netherlands Bv - Netherlands
- Bahari Cakrawala Sebuku - Indonesia
- The University of Queensland
- Gujarat Mineral Development Corp Ltd - India
- Bhoruka Overseas - Indonesia
- Star Paper Mills Limited - India
- Coalindo Energy - Indonesia
- GVK Power & Infra Limited - India
- Sarangani Energy Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Bhushan Steel Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Posco Energy - South Korea
- Salva Resources Pvt Ltd - India
- Sojitz Corporation - Japan
- Heidelberg Cement - Germany
- Sinarmas Energy and Mining - Indonesia
- Global Green Power PLC Corporation, Philippines
- Ministry of Mines - Canada
- Kohat Cement Company Ltd. - Pakistan
- Thai Mozambique Logistica
- Pipit Mutiara Jaya. PT, Indonesia
- Samtan Co., Ltd - South Korea
- Goldman Sachs - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- The State Trading Corporation of India Ltd
- PowerSource Philippines DevCo
- GN Power Mariveles Coal Plant, Philippines
- OPG Power Generation Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Standard Chartered Bank - UAE
- Oldendorff Carriers - Singapore
- Globalindo Alam Lestari - Indonesia
- Wood Mackenzie - Singapore
- Thiess Contractors Indonesia
- CIMB Investment Bank - Malaysia
- Parry Sugars Refinery, India
- Latin American Coal - Colombia
- Jorong Barutama Greston.PT - Indonesia
- Grasim Industreis Ltd - India
- Energy Link Ltd, New Zealand
- Bharathi Cement Corporation - India
- Vijayanagar Sugar Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Tamil Nadu electricity Board
- Semirara Mining and Power Corporation, Philippines
- Marubeni Corporation - India
- SN Aboitiz Power Inc, Philippines
- New Zealand Coal & Carbon
- Planning Commission, India
- Toyota Tsusho Corporation, Japan
- MS Steel International - UAE
- Sical Logistics Limited - India
- Jaiprakash Power Ventures ltd
- Australian Coal Association
- Wilmar Investment Holdings
- Rashtriya Ispat Nigam Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Romanian Commodities Exchange
- TeaM Sual Corporation - Philippines
- Indian Energy Exchange, India
- Larsen & Toubro Limited - India
- Global Business Power Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Banpu Public Company Limited - Thailand
- Sindya Power Generating Company Private Ltd
- Minerals Council of Australia
- Indonesian Coal Mining Association
- Africa Commodities Group - South Africa
- Ministry of Finance - Indonesia
- Parliament of New Zealand
- Merrill Lynch Commodities Europe
- Krishnapatnam Port Company Ltd. - India
- Cement Manufacturers Association - India
- Australian Commodity Traders Exchange
- Global Coal Blending Company Limited - Australia
- Attock Cement Pakistan Limited
- Renaissance Capital - South Africa
- Aboitiz Power Corporation - Philippines
- Bukit Makmur.PT - Indonesia
- Sakthi Sugars Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Commonwealth Bank - Australia
- Ambuja Cements Ltd - India
- Binh Thuan Hamico - Vietnam
- Central Electricity Authority - India
- Kideco Jaya Agung - Indonesia
- IEA Clean Coal Centre - UK
- Bangladesh Power Developement Board
- Meenaskhi Energy Private Limited - India
- Vizag Seaport Private Limited - India
- Leighton Contractors Pty Ltd - Australia
- Antam Resourcindo - Indonesia
- GAC Shipping (India) Pvt Ltd
- Eastern Energy - Thailand
- Bhatia International Limited - India
- Kumho Petrochemical, South Korea
- Electricity Authority, New Zealand
- Riau Bara Harum - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Xindia Steels Limited - India
- Altura Mining Limited, Indonesia
- GMR Energy Limited - India
- Bukit Baiduri Energy - Indonesia
- SMG Consultants - Indonesia
- Pendopo Energi Batubara - Indonesia
- Anglo American - United Kingdom
- Savvy Resources Ltd - HongKong
- AsiaOL BioFuels Corp., Philippines
- Iligan Light & Power Inc, Philippines
- Orica Mining Services - Indonesia
- India Bulls Power Limited - India
- Intertek Mineral Services - Indonesia
- Meralco Power Generation, Philippines
- Price Waterhouse Coopers - Russia
- London Commodity Brokers - England
- Power Finance Corporation Ltd., India
- Energy Development Corp, Philippines
- White Energy Company Limited
- Chamber of Mines of South Africa
- Malabar Cements Ltd - India
- Simpson Spence & Young - Indonesia
- PNOC Exploration Corporation - Philippines
- Rio Tinto Coal - Australia
- Asmin Koalindo Tuhup - Indonesia
- Orica Australia Pty. Ltd.
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indogreen Group - Indonesia
- Tata Chemicals Ltd - India
- Georgia Ports Authority, United States
- ICICI Bank Limited - India
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