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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, 08 January 20
WHAT IS BIMCO THINKING ABOUT 2020? - BIMCO
Every year, BIMCO considers what is in store for the shipping industry and for BIMCO in the coming years, while also reflecting on the year gone by ...
Wednesday, 08 January 20
VINACOMIN SETS TO SELL 49 MILLION TONNES OF COAL IN 2020 - VIETNAM NET
The Vietnam National Coal-Mineral Industries Holding Corporation Limited (Vinacomin) has set to sell 49 million tonnes of coal in 2020, a year-on-y ...
Wednesday, 08 January 20
CHINA'S COAL-RICH PROVINCE CUTS 18.95 MLN TONNES OF CAPACITY IN 2019 - XINHUA
North China’s Shanxi Province reduced its coal production capacity by 18.95 million tonnes by closing 18 coal mines in 2019.
A ...
Wednesday, 08 January 20
JANUARY INDONESIAN COAL PRICE REFERENCE SLIPS US$ 0.37 MOM
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised down the benchmark price of Indonesian thermal ...
Tuesday, 07 January 20
CLEANER AIR IN 2020: 0.5% SULPHUR CAP FOR SHIPS ENTERS INTO FORCE WORLDWIDE - EUROPEAN COMMISSION
From 1 January 2020, the maximum sulphur content of marine fuels is reduced to 0.5% (down from 3.5%) globally – reducing air pollution and pr ...
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- European Bulk Services B.V. - Netherlands
- Gujarat Electricity Regulatory Commission - India
- Bayan Resources Tbk. - Indonesia
- Grasim Industreis Ltd - India
- Thai Mozambique Logistica
- GVK Power & Infra Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Port Waratah Coal Services - Australia
- Baramulti Group, Indonesia
- Formosa Plastics Group - Taiwan
- Ceylon Electricity Board - Sri Lanka
- Essar Steel Hazira Ltd - India
- Larsen & Toubro Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Sical Logistics Limited - India
- Sree Jayajothi Cements Limited - India
- Energy Development Corp, Philippines
- Heidelberg Cement - Germany
- Central Electricity Authority - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- ASAPP Information Group - India
- Jorong Barutama Greston.PT - Indonesia
- Salva Resources Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Rashtriya Ispat Nigam Limited - India
- International Coal Ventures Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Trasteel International SA, Italy
- Attock Cement Pakistan Limited
- GAC Shipping (India) Pvt Ltd
- Planning Commission, India
- Tamil Nadu electricity Board
- Holcim Trading Pte Ltd - Singapore
- Kumho Petrochemical, South Korea
- Aboitiz Power Corporation - Philippines
- Sinarmas Energy and Mining - Indonesia
- The University of Queensland
- Romanian Commodities Exchange
- Jaiprakash Power Ventures ltd
- Aditya Birla Group - India
- TeaM Sual Corporation - Philippines
- Merrill Lynch Commodities Europe
- Medco Energi Mining Internasional
- Oldendorff Carriers - Singapore
- Mercuria Energy - Indonesia
- Malabar Cements Ltd - India
- Coalindo Energy - Indonesia
- Commonwealth Bank - Australia
- New Zealand Coal & Carbon
- Vedanta Resources Plc - India
- Metalloyd Limited - United Kingdom
- Kalimantan Lumbung Energi - Indonesia
- Meenaskhi Energy Private Limited - India
- London Commodity Brokers - England
- Petrochimia International Co. Ltd.- Taiwan
- PowerSource Philippines DevCo
- PNOC Exploration Corporation - Philippines
- South Luzon Thermal Energy Corporation
- McConnell Dowell - Australia
- Krishnapatnam Port Company Ltd. - India
- Karaikal Port Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Indika Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Dalmia Cement Bharat India
- Ambuja Cements Ltd - India
- Price Waterhouse Coopers - Russia
- Sarangani Energy Corporation, Philippines
- Independent Power Producers Association of India
- Miang Besar Coal Terminal - Indonesia
- Eastern Energy - Thailand
- LBH Netherlands Bv - Netherlands
- Eastern Coal Council - USA
- Sindya Power Generating Company Private Ltd
- Toyota Tsusho Corporation, Japan
- Straits Asia Resources Limited - Singapore
- Barasentosa Lestari - Indonesia
- Cement Manufacturers Association - India
- Coal and Oil Company - UAE
- Gujarat Mineral Development Corp Ltd - India
- The State Trading Corporation of India Ltd
- Electricity Authority, New Zealand
- Singapore Mercantile Exchange
- The Treasury - Australian Government
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indonesian Coal Mining Association
- Bukit Makmur.PT - Indonesia
- Marubeni Corporation - India
- PetroVietnam Power Coal Import and Supply Company
- Thiess Contractors Indonesia
- OPG Power Generation Pvt Ltd - India
- Bharathi Cement Corporation - India
- Siam City Cement - Thailand
- SMC Global Power, Philippines
- Kartika Selabumi Mining - Indonesia
- Electricity Generating Authority of Thailand
- Videocon Industries ltd - India
- Riau Bara Harum - Indonesia
- Directorate Of Revenue Intelligence - India
- Petron Corporation, Philippines
- Latin American Coal - Colombia
- Deloitte Consulting - India
- Ind-Barath Power Infra Limited - India
- Africa Commodities Group - South Africa
- ICICI Bank Limited - India
- SMG Consultants - Indonesia
- Energy Link Ltd, New Zealand
- Bhushan Steel Limited - India
- Renaissance Capital - South Africa
- Semirara Mining Corp, Philippines
- Ministry of Transport, Egypt
- Intertek Mineral Services - Indonesia
- Mjunction Services Limited - India
- Georgia Ports Authority, United States
- Bulk Trading Sa - Switzerland
- Kapuas Tunggal Persada - Indonesia
- Tata Chemicals Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Makarim & Taira - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Chamber of Mines of South Africa
- Uttam Galva Steels Limited - India
- Bhatia International Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Sakthi Sugars Limited - India
- Orica Australia Pty. Ltd.
- PTC India Limited - India
- Minerals Council of Australia
- Australian Coal Association
- VISA Power Limited - India
- Banpu Public Company Limited - Thailand
- Indo Tambangraya Megah - Indonesia
- Standard Chartered Bank - UAE
- CNBM International Corporation - China
- Lanco Infratech Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- White Energy Company Limited
- Madhucon Powers Ltd - India
- Star Paper Mills Limited - India
- Bhoruka Overseas - Indonesia
- Leighton Contractors Pty Ltd - Australia
- CIMB Investment Bank - Malaysia
- Pipit Mutiara Jaya. PT, Indonesia
- Kobexindo Tractors - Indoneisa
- Edison Trading Spa - Italy
- Bangladesh Power Developement Board
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Meralco Power Generation, Philippines
- Vizag Seaport Private Limited - India
- Neyveli Lignite Corporation Ltd, - India
- SN Aboitiz Power Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Therma Luzon, Inc, Philippines
- Posco Energy - South Korea
- Rio Tinto Coal - Australia
- India Bulls Power Limited - India
- Wilmar Investment Holdings
- Global Coal Blending Company Limited - Australia
- Australian Commodity Traders Exchange
- IEA Clean Coal Centre - UK
- Coastal Gujarat Power Limited - India
- Interocean Group of Companies - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Jindal Steel & Power Ltd - India
- Chettinad Cement Corporation Ltd - India
- Xindia Steels Limited - India
- Samtan Co., Ltd - South Korea
- Cigading International Bulk Terminal - Indonesia
- Mintek Dendrill Indonesia
- Iligan Light & Power Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Power Finance Corporation Ltd., India
- Indogreen Group - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Sojitz Corporation - Japan
- Semirara Mining and Power Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Orica Mining Services - Indonesia
- Borneo Indobara - Indonesia
- Kaltim Prima Coal - Indonesia
- Central Java Power - Indonesia
- Antam Resourcindo - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Anglo American - United Kingdom
- Wood Mackenzie - Singapore
- Gujarat Sidhee Cement - India
- GMR Energy Limited - India
- Kepco SPC Power Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ministry of Finance - Indonesia
- Goldman Sachs - Singapore
- Maheswari Brothers Coal Limited - India
- Economic Council, Georgia
- Simpson Spence & Young - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Parry Sugars Refinery, India
- Parliament of New Zealand
- Manunggal Multi Energi - Indonesia
- Global Green Power PLC Corporation, Philippines
- Indian Energy Exchange, India
- Mercator Lines Limited - India
- Bukit Baiduri Energy - Indonesia
- Agrawal Coal Company - India
- Binh Thuan Hamico - Vietnam
- MS Steel International - UAE
- Siam City Cement PLC, Thailand
- Ministry of Mines - Canada
- Altura Mining Limited, Indonesia
- Carbofer General Trading SA - India
- Indian Oil Corporation Limited
- Timah Investasi Mineral - Indoneisa
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