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Sunday, 15 March 20
CAPTIVE COAL OUTPUT RISES 19% IN APRIL-FEBRUARY - FINANCIAL EXPRESS
Coal production from captive mines in the first eleven months of the ongoing fiscal have increased by 18.8% year-on-year (y-o-y) to 51.7 million tonne (MT) from the corresponding period in FY19. However, about 53% of the output came from coal blocks which were not cancelled by the Supreme Court in its September 2014 order.
The apex court had then cancelled 204 out of 218 captive coal block licences, saying that these had been allocated in an illegal and arbitrary manner. After the Supreme Court ruling, 36 coal mines has been auctioned so far. The Rajya Sabha on Thursday passed The Mineral Laws (Amendment) Bill, 2020, which removes end-use restrictions in coal blocks to be put up for auctions, essentially ending the practice of captive mining and allowing coal mine developers to sell the fuel to consumers in the open market.
The union government in January had issued the ordinance for the same, along with amendments to the MMDR Act 1957 and the CMSP Act 2015 have also been amended to allocate coal blocks for composite prospecting licence-cum-mining lease to make it more attractive for commercial mining.
The new edicts will come into force after the President’s assent and is seen to to put an end to the long-held monopoly of public-sector behemoth Coal India (CIL).
Production by CIL declined 1.9% annually to 517.8 million tonne (MT) in the first eleven months of FY20, mainly due to excessive rains hampering mining operations during the monsoons earlier this year. Law and order issues in some major mines and several employee union strikes after the Cabinet’s February 2019 decision to ease mining norms for private companies also hampered the world’s largest miner’s production.
The drop in CIL production in the fiscal would have been much lower had it not recorded a 14.2% annual rise in its February output. The coal production scenario has improved at least from the November, 2019 levels, when CIL output was lower by 7.8% year-on-year (y-o-y).
Source: Financial Express
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Friday, 13 March 20
TOP 4 ACCOUNTING CONSIDERATIONS AFTER THE IMPLEMENTATION OF IMO 2020 - PWC
To install or not to install?
Following the IMO 2020 global low sulphur cap for marine fuel effective since 1 January 2020, many shi ...
Friday, 13 March 20
CHINA'S BENCHMARK POWER COAL PRICE DROPS SLIGHTLY - XINHUA
China’s benchmark power coal price dropped slightly during the past week.
The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge ...
Friday, 13 March 20
KOREA SOUTH-EAST POWER INVITED BIDS FOR 390,000 MT OF THERMAL COAL FOR MAY-JUNE 2020 LOADING
COALspot.com: Korea South-East Power Co., Ltd. (KOEN), has issued an international tender for total 390,000 Metric Tons of coal for May & June ...
Thursday, 12 March 20
INDIA 2019 THERMAL COAL IMPORTS RISE 12.6% TO NEARLY 200 MILLION TONNES - REUTERS
India’s thermal coal imports rose 12.6% to nearly 200 million tonnes in 2019, government data reviewed by Reuters showed, reflecting the seco ...
Wednesday, 11 March 20
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX UP 0.07 PCT - XINHUA
China Taiyuan coal transaction price index stood at 133.16 points Monday, up 0.07 percent week on week.
The index, released by China ...
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- GAC Shipping (India) Pvt Ltd
- Sinarmas Energy and Mining - Indonesia
- Essar Steel Hazira Ltd - India
- Cement Manufacturers Association - India
- Ceylon Electricity Board - Sri Lanka
- Indian Oil Corporation Limited
- India Bulls Power Limited - India
- Sakthi Sugars Limited - India
- South Luzon Thermal Energy Corporation
- Kohat Cement Company Ltd. - Pakistan
- Bulk Trading Sa - Switzerland
- Australian Commodity Traders Exchange
- Bahari Cakrawala Sebuku - Indonesia
- Deloitte Consulting - India
- PetroVietnam Power Coal Import and Supply Company
- Videocon Industries ltd - India
- Rio Tinto Coal - Australia
- Jorong Barutama Greston.PT - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Indonesian Coal Mining Association
- Coalindo Energy - Indonesia
- Mercuria Energy - Indonesia
- Electricity Authority, New Zealand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Carbofer General Trading SA - India
- Alfred C Toepfer International GmbH - Germany
- Orica Australia Pty. Ltd.
- AsiaOL BioFuels Corp., Philippines
- San Jose City I Power Corp, Philippines
- Binh Thuan Hamico - Vietnam
- Sree Jayajothi Cements Limited - India
- Directorate Of Revenue Intelligence - India
- Kartika Selabumi Mining - Indonesia
- VISA Power Limited - India
- Banpu Public Company Limited - Thailand
- London Commodity Brokers - England
- Central Java Power - Indonesia
- Orica Mining Services - Indonesia
- Global Business Power Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Jindal Steel & Power Ltd - India
- Ministry of Finance - Indonesia
- Formosa Plastics Group - Taiwan
- Indian Energy Exchange, India
- TeaM Sual Corporation - Philippines
- Australian Coal Association
- Siam City Cement - Thailand
- Parry Sugars Refinery, India
- Asmin Koalindo Tuhup - Indonesia
- OPG Power Generation Pvt Ltd - India
- Mercator Lines Limited - India
- The Treasury - Australian Government
- Bharathi Cement Corporation - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Latin American Coal - Colombia
- Parliament of New Zealand
- Antam Resourcindo - Indonesia
- ASAPP Information Group - India
- International Coal Ventures Pvt Ltd - India
- Xindia Steels Limited - India
- Posco Energy - South Korea
- SMG Consultants - Indonesia
- Bhushan Steel Limited - India
- MS Steel International - UAE
- ICICI Bank Limited - India
- Port Waratah Coal Services - Australia
- Economic Council, Georgia
- White Energy Company Limited
- Savvy Resources Ltd - HongKong
- Central Electricity Authority - India
- Globalindo Alam Lestari - Indonesia
- Sindya Power Generating Company Private Ltd
- Global Green Power PLC Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Oldendorff Carriers - Singapore
- Romanian Commodities Exchange
- Standard Chartered Bank - UAE
- PNOC Exploration Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- SMC Global Power, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Eastern Coal Council - USA
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- SN Aboitiz Power Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- Maharashtra Electricity Regulatory Commission - India
- Sarangani Energy Corporation, Philippines
- IEA Clean Coal Centre - UK
- Therma Luzon, Inc, Philippines
- Planning Commission, India
- Energy Development Corp, Philippines
- Indogreen Group - Indonesia
- Maheswari Brothers Coal Limited - India
- Kepco SPC Power Corporation, Philippines
- Sojitz Corporation - Japan
- Edison Trading Spa - Italy
- PTC India Limited - India
- Star Paper Mills Limited - India
- Tamil Nadu electricity Board
- The State Trading Corporation of India Ltd
- Petron Corporation, Philippines
- GVK Power & Infra Limited - India
- Agrawal Coal Company - India
- Price Waterhouse Coopers - Russia
- Larsen & Toubro Limited - India
- Mintek Dendrill Indonesia
- Mjunction Services Limited - India
- Kaltim Prima Coal - Indonesia
- The University of Queensland
- Ind-Barath Power Infra Limited - India
- Leighton Contractors Pty Ltd - Australia
- Commonwealth Bank - Australia
- Singapore Mercantile Exchange
- Independent Power Producers Association of India
- Bukit Asam (Persero) Tbk - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Electricity Generating Authority of Thailand
- Tata Chemicals Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Karaikal Port Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Vizag Seaport Private Limited - India
- Bhoruka Overseas - Indonesia
- Intertek Mineral Services - Indonesia
- Coal and Oil Company - UAE
- Kideco Jaya Agung - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Malabar Cements Ltd - India
- CIMB Investment Bank - Malaysia
- Pipit Mutiara Jaya. PT, Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Anglo American - United Kingdom
- Altura Mining Limited, Indonesia
- Renaissance Capital - South Africa
- Minerals Council of Australia
- Aboitiz Power Corporation - Philippines
- Barasentosa Lestari - Indonesia
- Ambuja Cements Ltd - India
- Simpson Spence & Young - Indonesia
- Sical Logistics Limited - India
- Thiess Contractors Indonesia
- Baramulti Group, Indonesia
- Bayan Resources Tbk. - Indonesia
- Dalmia Cement Bharat India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Aditya Birla Group - India
- Metalloyd Limited - United Kingdom
- Bukit Makmur.PT - Indonesia
- Pendopo Energi Batubara - Indonesia
- Borneo Indobara - Indonesia
- Grasim Industreis Ltd - India
- Medco Energi Mining Internasional
- PowerSource Philippines DevCo
- Energy Link Ltd, New Zealand
- Manunggal Multi Energi - Indonesia
- Siam City Cement PLC, Thailand
- Jaiprakash Power Ventures ltd
- GMR Energy Limited - India
- Eastern Energy - Thailand
- Gujarat Sidhee Cement - India
- Trasteel International SA, Italy
- Semirara Mining Corp, Philippines
- Bukit Baiduri Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Attock Cement Pakistan Limited
- Vedanta Resources Plc - India
- Miang Besar Coal Terminal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Madhucon Powers Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Indika Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Wood Mackenzie - Singapore
- McConnell Dowell - Australia
- LBH Netherlands Bv - Netherlands
- Interocean Group of Companies - India
- Ministry of Transport, Egypt
- TNB Fuel Sdn Bhd - Malaysia
- Riau Bara Harum - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Merrill Lynch Commodities Europe
- Samtan Co., Ltd - South Korea
- Marubeni Corporation - India
- Wilmar Investment Holdings
- IHS Mccloskey Coal Group - USA
- Power Finance Corporation Ltd., India
- Bhatia International Limited - India
- Lanco Infratech Ltd - India
- European Bulk Services B.V. - Netherlands
- Heidelberg Cement - Germany
- Uttam Galva Steels Limited - India
- Africa Commodities Group - South Africa
- Goldman Sachs - Singapore
- Kobexindo Tractors - Indoneisa
- Salva Resources Pvt Ltd - India
- Meralco Power Generation, Philippines
- Gujarat Electricity Regulatory Commission - India
- GN Power Mariveles Coal Plant, Philippines
- Thai Mozambique Logistica
- Georgia Ports Authority, United States
- Neyveli Lignite Corporation Ltd, - India
- Global Coal Blending Company Limited - Australia
- Timah Investasi Mineral - Indoneisa
- Chettinad Cement Corporation Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- New Zealand Coal & Carbon
- CNBM International Corporation - China
- Bangladesh Power Developement Board
- Ministry of Mines - Canada
- Makarim & Taira - Indonesia
- Chamber of Mines of South Africa
- Kumho Petrochemical, South Korea
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