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Friday, 29 May 20
GOVT MAY LAUNCH COAL BLOCKS AUCTION PROCESS UNDER COMMERCIAL MINING ON JUN 11 - PTI
 The Centre is likely to launch the process of coal blocks auction under commercial mining on June 11 and around 50 mines are expected to go under the hammer.
An official on the condition of anonymity said the "government will come out with the notice inviting tender (NIT) for auction of coal mines for sale of coal on June 11."
The official further said around 50 coal blocks are likely to be put on sale.
The coal ministry proposes to launch the auction of coal mines through an event in the national capital followed by a series of events in different parts of the country to create sensitisation on the amendments made in Acts and Rules by the Centre and generate private sector interest and participation, according to a government notice.
In a bid to organise and manage the event the coal ministry will appoint a programme management partner, it said.
The government last week approved a methodology for commercial mining of coal on revenue sharing basis.
The decision was taken during a meeting of the Cabinet Committee on Economic Affairs (CCEA) under the chairmanship of Prime Minister Narendra Modi.
Finance Minister Nirmala Sitharaman while announcing financial package had earlier said coal mines would be auctioned to the private sector for commercial mining to end reliance on imports and improve local production.
The methodology approved by CCEA provides that bid parameter will be revenue share, the government had said adding that bidders would be required to bid for a percentage share of revenue payable to the government.
"The floor price shall be four per cent of the revenue share. Bids would be accepted in multiples of 0.5 per cent of the revenue share till the percentage of revenue share is up to 10 per cent and thereafter bids would be accepted in multiples of 0.25 per cent of the revenue share," the coal ministry had said in a release.
There will be no restriction on the sale and/or utilisation of coal from the coal mine.
Source: PTI
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Friday, 06 September 24
REBOUND IN OIL DEMAND COULD LIFT MARKET IN LATTER HALF OF 2024 - BIMCO
Supply/demand
Based on a strong second half demand, the supply/balance is forecast to strengthen in 2024 but weaken slightly in 2025 as n ...
Friday, 06 September 24
GLOBAL SEABORNE LNG TRADE HAS CONTINUED TO INCREASE LAST YEAR - BANCHERO COSTA
Global seaborne LNG trade has continued to increase last year, helped also by the events in Ukraine which forced Europe to diversify away from Russ ...
Wednesday, 28 August 24
SEABORNE COAL IMPORTS INTO INDIA INCREASED BY +9.9% Y-O-Y TO 146.6 MLN T - BANCHERO COSTA
Global coal trade has really picked up pace over the past year, and is now fully back to pre-Covid levels said Banchero Costa Research in its lates ...
Tuesday, 06 August 24
EXERCISE CAUTION WITH AMMONIA SWITCH - BALTIC EXCHANGE
A new study from the Massachusetts Institute of Technology (MIT) has thrown a spanner into the plan to transition ships from diesel fuel to ammonia ...
Friday, 02 August 24
ENERGY MARKET DEVELOPMENTS: COAL AND NATURAL GAS PRICES REACH RECORD HIGHS - WORLD BANK
The recent surge in natural gas and coal prices has been so swift that the main benchmarks were roughly three times higher in 2022Q2 compared to a ...
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- Videocon Industries ltd - India
- Standard Chartered Bank - UAE
- White Energy Company Limited
- Bhushan Steel Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Heidelberg Cement - Germany
- Kaltim Prima Coal - Indonesia
- GVK Power & Infra Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Sree Jayajothi Cements Limited - India
- GMR Energy Limited - India
- AsiaOL BioFuels Corp., Philippines
- Eastern Coal Council - USA
- Mercuria Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- Indonesian Coal Mining Association
- Kepco SPC Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Intertek Mineral Services - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- PowerSource Philippines DevCo
- Thai Mozambique Logistica
- Dalmia Cement Bharat India
- SN Aboitiz Power Inc, Philippines
- India Bulls Power Limited - India
- Orica Mining Services - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Parliament of New Zealand
- Orica Australia Pty. Ltd.
- Power Finance Corporation Ltd., India
- CIMB Investment Bank - Malaysia
- Commonwealth Bank - Australia
- Bhoruka Overseas - Indonesia
- Indian Oil Corporation Limited
- ASAPP Information Group - India
- Therma Luzon, Inc, Philippines
- Jaiprakash Power Ventures ltd
- Directorate Of Revenue Intelligence - India
- Barasentosa Lestari - Indonesia
- Iligan Light & Power Inc, Philippines
- Medco Energi Mining Internasional
- Globalindo Alam Lestari - Indonesia
- CNBM International Corporation - China
- Tata Chemicals Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Thiess Contractors Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PTC India Limited - India
- Australian Coal Association
- Kumho Petrochemical, South Korea
- Electricity Authority, New Zealand
- Indika Energy - Indonesia
- Lanco Infratech Ltd - India
- Oldendorff Carriers - Singapore
- Semirara Mining and Power Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Interocean Group of Companies - India
- Global Green Power PLC Corporation, Philippines
- Xindia Steels Limited - India
- Krishnapatnam Port Company Ltd. - India
- Pipit Mutiara Jaya. PT, Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Bulk Trading Sa - Switzerland
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coal and Oil Company - UAE
- Rio Tinto Coal - Australia
- Toyota Tsusho Corporation, Japan
- Ministry of Transport, Egypt
- Meralco Power Generation, Philippines
- International Coal Ventures Pvt Ltd - India
- Marubeni Corporation - India
- Mercator Lines Limited - India
- Latin American Coal - Colombia
- Baramulti Group, Indonesia
- MS Steel International - UAE
- Trasteel International SA, Italy
- Attock Cement Pakistan Limited
- Grasim Industreis Ltd - India
- TeaM Sual Corporation - Philippines
- Sarangani Energy Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Rashtriya Ispat Nigam Limited - India
- Merrill Lynch Commodities Europe
- Kideco Jaya Agung - Indonesia
- Vedanta Resources Plc - India
- Ind-Barath Power Infra Limited - India
- Meenaskhi Energy Private Limited - India
- Mjunction Services Limited - India
- OPG Power Generation Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Borneo Indobara - Indonesia
- Minerals Council of Australia
- Billiton Holdings Pty Ltd - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Planning Commission, India
- Alfred C Toepfer International GmbH - Germany
- Indian Energy Exchange, India
- Posco Energy - South Korea
- Gujarat Sidhee Cement - India
- Straits Asia Resources Limited - Singapore
- McConnell Dowell - Australia
- Bharathi Cement Corporation - India
- Wood Mackenzie - Singapore
- Binh Thuan Hamico - Vietnam
- Bayan Resources Tbk. - Indonesia
- European Bulk Services B.V. - Netherlands
- Aditya Birla Group - India
- Sical Logistics Limited - India
- GN Power Mariveles Coal Plant, Philippines
- New Zealand Coal & Carbon
- The University of Queensland
- London Commodity Brokers - England
- South Luzon Thermal Energy Corporation
- Deloitte Consulting - India
- Bangladesh Power Developement Board
- Chettinad Cement Corporation Ltd - India
- Parry Sugars Refinery, India
- Siam City Cement - Thailand
- Goldman Sachs - Singapore
- Altura Mining Limited, Indonesia
- Global Business Power Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Agrawal Coal Company - India
- The Treasury - Australian Government
- IEA Clean Coal Centre - UK
- Miang Besar Coal Terminal - Indonesia
- Anglo American - United Kingdom
- Price Waterhouse Coopers - Russia
- Maheswari Brothers Coal Limited - India
- Eastern Energy - Thailand
- Metalloyd Limited - United Kingdom
- Jindal Steel & Power Ltd - India
- IHS Mccloskey Coal Group - USA
- Energy Development Corp, Philippines
- Australian Commodity Traders Exchange
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Siam City Cement PLC, Thailand
- Holcim Trading Pte Ltd - Singapore
- Edison Trading Spa - Italy
- Karaikal Port Pvt Ltd - India
- Georgia Ports Authority, United States
- Bukit Makmur.PT - Indonesia
- Singapore Mercantile Exchange
- The State Trading Corporation of India Ltd
- Ambuja Cements Ltd - India
- SMG Consultants - Indonesia
- Ministry of Finance - Indonesia
- Manunggal Multi Energi - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Semirara Mining Corp, Philippines
- Essar Steel Hazira Ltd - India
- Romanian Commodities Exchange
- Chamber of Mines of South Africa
- Vijayanagar Sugar Pvt Ltd - India
- Star Paper Mills Limited - India
- Mintek Dendrill Indonesia
- Ministry of Mines - Canada
- LBH Netherlands Bv - Netherlands
- ICICI Bank Limited - India
- Cigading International Bulk Terminal - Indonesia
- Renaissance Capital - South Africa
- Ceylon Electricity Board - Sri Lanka
- Energy Link Ltd, New Zealand
- Kalimantan Lumbung Energi - Indonesia
- Bukit Baiduri Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Independent Power Producers Association of India
- Banpu Public Company Limited - Thailand
- Petron Corporation, Philippines
- SMC Global Power, Philippines
- Salva Resources Pvt Ltd - India
- Sojitz Corporation - Japan
- Simpson Spence & Young - Indonesia
- Sakthi Sugars Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Coastal Gujarat Power Limited - India
- Kobexindo Tractors - Indoneisa
- Port Waratah Coal Services - Australia
- Tamil Nadu electricity Board
- Pendopo Energi Batubara - Indonesia
- Kartika Selabumi Mining - Indonesia
- San Jose City I Power Corp, Philippines
- Savvy Resources Ltd - HongKong
- Larsen & Toubro Limited - India
- Formosa Plastics Group - Taiwan
- PNOC Exploration Corporation - Philippines
- Bhatia International Limited - India
- Riau Bara Harum - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Bahari Cakrawala Sebuku - Indonesia
- Central Java Power - Indonesia
- Wilmar Investment Holdings
- Vizag Seaport Private Limited - India
- Global Coal Blending Company Limited - Australia
- Uttam Galva Steels Limited - India
- Leighton Contractors Pty Ltd - Australia
- Central Electricity Authority - India
- Economic Council, Georgia
- Makarim & Taira - Indonesia
- Indogreen Group - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Coalindo Energy - Indonesia
- Antam Resourcindo - Indonesia
- Carbofer General Trading SA - India
- Indo Tambangraya Megah - Indonesia
- Aboitiz Power Corporation - Philippines
- Africa Commodities Group - South Africa
- Electricity Generating Authority of Thailand
- Cement Manufacturers Association - India
- Malabar Cements Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- VISA Power Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Madhucon Powers Ltd - India
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