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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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Tuesday, 18 February 20
ADARO REMAINS POSITIVE ON THE LONG-TERM FUNDAMENTALS OF COAL MARKET SUPPORTED BY THE SOUTHEAST ASIA AND SOUTH ASIA REGION
The global seaborne thermal coal market in 2019 was faced with macro and industry challenges which pushed international coa ...
Tuesday, 18 February 20
CORONAVIRUS AND ITS IMPACT ON YOUR CONTRACT - CAN YOU RELY ON 'FORCE MAJEURE'? - INCE
KNOWLEDGE TO ELEVATE
On 30 January 2020, the World Health Organization (WHO) declared that the outbreak of the Novel Coronavirus (officially t ...
Monday, 17 February 20
IMO-2020 SULPHUR CAP - ISSUES TO CONSIDER PRIOR TO THE IMPLEMENTATION OF THE CARRIAGE BAN ON 1 MARCH 2020 - STANDARD CLUB
With the IMO 2020 global sulphur cap now in force, members should bear in mind another significant date in relation to the ‘carriage ban&rsqu ...
Monday, 17 February 20
COVID-19: THE EFFECT OF THIS PUBLIC HEALTH EMERGENCY ON CHARTERPARTY TERMS - GARD
KNOWLEDGE TO ELEVATE
Is it useful to compare the COVID-19 with earlier disease outbreaks?
A comparison with the Ebola outbreak ...
Saturday, 15 February 20
CHINA'S BENCHMARK POWER COAL PRICE EDGES UP - REUTERS
China’s benchmark power coal price rose slightly during the past week.
The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge of ...
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- London Commodity Brokers - England
- VISA Power Limited - India
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- Bayan Resources Tbk. - Indonesia
- Altura Mining Limited, Indonesia
- Oldendorff Carriers - Singapore
- Bukit Makmur.PT - Indonesia
- Coastal Gujarat Power Limited - India
- Central Electricity Authority - India
- Africa Commodities Group - South Africa
- Asmin Koalindo Tuhup - Indonesia
- Siam City Cement - Thailand
- Economic Council, Georgia
- Parry Sugars Refinery, India
- ICICI Bank Limited - India
- Australian Coal Association
- Sinarmas Energy and Mining - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Kobexindo Tractors - Indoneisa
- Neyveli Lignite Corporation Ltd, - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Thiess Contractors Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Salva Resources Pvt Ltd - India
- Aditya Birla Group - India
- ASAPP Information Group - India
- Indika Energy - Indonesia
- New Zealand Coal & Carbon
- Kohat Cement Company Ltd. - Pakistan
- Timah Investasi Mineral - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Georgia Ports Authority, United States
- Toyota Tsusho Corporation, Japan
- Grasim Industreis Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Rio Tinto Coal - Australia
- SMG Consultants - Indonesia
- CNBM International Corporation - China
- Borneo Indobara - Indonesia
- Medco Energi Mining Internasional
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- Karaikal Port Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Banpu Public Company Limited - Thailand
- Lanco Infratech Ltd - India
- Thai Mozambique Logistica
- Independent Power Producers Association of India
- Cement Manufacturers Association - India
- Metalloyd Limited - United Kingdom
- Uttam Galva Steels Limited - India
- LBH Netherlands Bv - Netherlands
- Formosa Plastics Group - Taiwan
- Bukit Baiduri Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bangladesh Power Developement Board
- IHS Mccloskey Coal Group - USA
- Baramulti Group, Indonesia
- GVK Power & Infra Limited - India
- Ind-Barath Power Infra Limited - India
- Coalindo Energy - Indonesia
- Petron Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- MS Steel International - UAE
- TNB Fuel Sdn Bhd - Malaysia
- Bhatia International Limited - India
- Ambuja Cements Ltd - India
- Ministry of Transport, Egypt
- Bharathi Cement Corporation - India
- Leighton Contractors Pty Ltd - Australia
- Goldman Sachs - Singapore
- The Treasury - Australian Government
- Kaltim Prima Coal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Sojitz Corporation - Japan
- Kumho Petrochemical, South Korea
- PowerSource Philippines DevCo
- Essar Steel Hazira Ltd - India
- Posco Energy - South Korea
- Sarangani Energy Corporation, Philippines
- Wilmar Investment Holdings
- Coal and Oil Company - UAE
- CIMB Investment Bank - Malaysia
- Kartika Selabumi Mining - Indonesia
- Standard Chartered Bank - UAE
- GN Power Mariveles Coal Plant, Philippines
- Planning Commission, India
- Straits Asia Resources Limited - Singapore
- Therma Luzon, Inc, Philippines
- Antam Resourcindo - Indonesia
- Binh Thuan Hamico - Vietnam
- Kepco SPC Power Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Samtan Co., Ltd - South Korea
- The University of Queensland
- Vedanta Resources Plc - India
- Sindya Power Generating Company Private Ltd
- PNOC Exploration Corporation - Philippines
- Aboitiz Power Corporation - Philippines
- Jaiprakash Power Ventures ltd
- Heidelberg Cement - Germany
- Videocon Industries ltd - India
- Eastern Coal Council - USA
- PetroVietnam Power Coal Import and Supply Company
- Dalmia Cement Bharat India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Mintek Dendrill Indonesia
- Electricity Generating Authority of Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Globalindo Alam Lestari - Indonesia
- IEA Clean Coal Centre - UK
- Chamber of Mines of South Africa
- Barasentosa Lestari - Indonesia
- Tata Chemicals Ltd - India
- Indian Energy Exchange, India
- Indonesian Coal Mining Association
- Savvy Resources Ltd - HongKong
- Indogreen Group - Indonesia
- Global Business Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Edison Trading Spa - Italy
- Orica Mining Services - Indonesia
- Manunggal Multi Energi - Indonesia
- Xindia Steels Limited - India
- South Luzon Thermal Energy Corporation
- OPG Power Generation Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Ministry of Mines - Canada
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Port Waratah Coal Services - Australia
- Vizag Seaport Private Limited - India
- Power Finance Corporation Ltd., India
- Gujarat Mineral Development Corp Ltd - India
- India Bulls Power Limited - India
- Wood Mackenzie - Singapore
- Parliament of New Zealand
- Kapuas Tunggal Persada - Indonesia
- SMC Global Power, Philippines
- International Coal Ventures Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Sree Jayajothi Cements Limited - India
- GMR Energy Limited - India
- Malabar Cements Ltd - India
- Directorate Of Revenue Intelligence - India
- Jorong Barutama Greston.PT - Indonesia
- Energy Link Ltd, New Zealand
- Meralco Power Generation, Philippines
- Riau Bara Harum - Indonesia
- Energy Development Corp, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Maheswari Brothers Coal Limited - India
- Latin American Coal - Colombia
- Global Green Power PLC Corporation, Philippines
- Minerals Council of Australia
- European Bulk Services B.V. - Netherlands
- Central Java Power - Indonesia
- Romanian Commodities Exchange
- Price Waterhouse Coopers - Russia
- Indo Tambangraya Megah - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Global Coal Blending Company Limited - Australia
- Australian Commodity Traders Exchange
- Gujarat Sidhee Cement - India
- Siam City Cement PLC, Thailand
- Meenaskhi Energy Private Limited - India
- Makarim & Taira - Indonesia
- Indian Oil Corporation Limited
- The State Trading Corporation of India Ltd
- Attock Cement Pakistan Limited
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Madhucon Powers Ltd - India
- Renaissance Capital - South Africa
- Eastern Energy - Thailand
- Marubeni Corporation - India
- Directorate General of MIneral and Coal - Indonesia
- Mjunction Services Limited - India
- Tamil Nadu electricity Board
- Alfred C Toepfer International GmbH - Germany
- Kideco Jaya Agung - Indonesia
- Chettinad Cement Corporation Ltd - India
- Jindal Steel & Power Ltd - India
- Sical Logistics Limited - India
- PTC India Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Ministry of Finance - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Agrawal Coal Company - India
- SN Aboitiz Power Inc, Philippines
- Mercator Lines Limited - India
- Orica Australia Pty. Ltd.
- Semirara Mining Corp, Philippines
- Iligan Light & Power Inc, Philippines
- Singapore Mercantile Exchange
- Ceylon Electricity Board - Sri Lanka
- McConnell Dowell - Australia
- Carbofer General Trading SA - India
- TeaM Sual Corporation - Philippines
- Star Paper Mills Limited - India
- Commonwealth Bank - Australia
- Intertek Mineral Services - Indonesia
- Sakthi Sugars Limited - India
- Deloitte Consulting - India
- Rashtriya Ispat Nigam Limited - India
- Interocean Group of Companies - India
- Bulk Trading Sa - Switzerland
- Electricity Authority, New Zealand
- Krishnapatnam Port Company Ltd. - India
- White Energy Company Limited
- Trasteel International SA, Italy
- Pendopo Energi Batubara - Indonesia
- Larsen & Toubro Limited - India
- Mercuria Energy - Indonesia
- Anglo American - United Kingdom
- AsiaOL BioFuels Corp., Philippines
- Karbindo Abesyapradhi - Indoneisa
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