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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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Thursday, 04 June 20
CHINA'S BENCHMARK POWER COAL PRICE EDGES UP - XINHUA
China’s benchmark power coal price rose slightly during the past week.
The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge of ...
Thursday, 04 June 20
DON'T FORGET THE REAL PURPOSE OF RISK ASSESSMENTS - GARD
KNOWLEDGE TO ELEVATE
When doing a risk assessment, we often overcomplicate it and forget its real purpose.
Rather than ensuring that crew ...
Wednesday, 03 June 20
MARKET INSIGHT - INTERMODAL
Once again shipping is about to venture into uncharted waters and before the challenges of the past decade are forgotten, shipowners will have to o ...
Tuesday, 02 June 20
KOSPO LOOKING FOR 80000 MT OF 4200 NCV COAL FOR JULY
COALspot.com: Korea Southern Power Co., Ltd. (KOSPO) has issued an International tender for 80,000 Metric Tons (MT) 4200 NCV coal for 12 - 21, July ...
Tuesday, 02 June 20
INDONESIAN COAL MINER BUMI RESOURCES Q1 OUTPUT UP 5% - REUTERS
Indonesia’s largest coal miner Bumi Resources posted a 5% increase in first-quarter output at 20.8 million tonnes, the company said in a stat ...
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- Kapuas Tunggal Persada - Indonesia
- Aditya Birla Group - India
- Indian Oil Corporation Limited
- Bukit Asam (Persero) Tbk - Indonesia
- Merrill Lynch Commodities Europe
- Maharashtra Electricity Regulatory Commission - India
- Neyveli Lignite Corporation Ltd, - India
- Maheswari Brothers Coal Limited - India
- Siam City Cement - Thailand
- Carbofer General Trading SA - India
- IEA Clean Coal Centre - UK
- McConnell Dowell - Australia
- Global Green Power PLC Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Altura Mining Limited, Indonesia
- Gujarat Electricity Regulatory Commission - India
- Semirara Mining and Power Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Iligan Light & Power Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Antam Resourcindo - Indonesia
- Interocean Group of Companies - India
- Kalimantan Lumbung Energi - Indonesia
- Petron Corporation, Philippines
- Coal and Oil Company - UAE
- Formosa Plastics Group - Taiwan
- Essar Steel Hazira Ltd - India
- Central Java Power - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Madhucon Powers Ltd - India
- Mintek Dendrill Indonesia
- Parliament of New Zealand
- PTC India Limited - India
- Eastern Coal Council - USA
- OPG Power Generation Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Parry Sugars Refinery, India
- Mjunction Services Limited - India
- CNBM International Corporation - China
- Australian Commodity Traders Exchange
- IHS Mccloskey Coal Group - USA
- Price Waterhouse Coopers - Russia
- Thiess Contractors Indonesia
- Holcim Trading Pte Ltd - Singapore
- Agrawal Coal Company - India
- Wilmar Investment Holdings
- Vedanta Resources Plc - India
- London Commodity Brokers - England
- Salva Resources Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Jaiprakash Power Ventures ltd
- Barasentosa Lestari - Indonesia
- Grasim Industreis Ltd - India
- PowerSource Philippines DevCo
- Indian Energy Exchange, India
- Gujarat Mineral Development Corp Ltd - India
- Energy Development Corp, Philippines
- Savvy Resources Ltd - HongKong
- International Coal Ventures Pvt Ltd - India
- Minerals Council of Australia
- Indogreen Group - Indonesia
- Kobexindo Tractors - Indoneisa
- Posco Energy - South Korea
- Ministry of Mines - Canada
- Meralco Power Generation, Philippines
- Sarangani Energy Corporation, Philippines
- Electricity Authority, New Zealand
- MS Steel International - UAE
- Standard Chartered Bank - UAE
- Orica Australia Pty. Ltd.
- Coalindo Energy - Indonesia
- Singapore Mercantile Exchange
- India Bulls Power Limited - India
- Marubeni Corporation - India
- The State Trading Corporation of India Ltd
- Straits Asia Resources Limited - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jorong Barutama Greston.PT - Indonesia
- Manunggal Multi Energi - Indonesia
- Romanian Commodities Exchange
- Energy Link Ltd, New Zealand
- Billiton Holdings Pty Ltd - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Therma Luzon, Inc, Philippines
- Videocon Industries ltd - India
- Australian Coal Association
- Kideco Jaya Agung - Indonesia
- Bhatia International Limited - India
- VISA Power Limited - India
- Central Electricity Authority - India
- Simpson Spence & Young - Indonesia
- Heidelberg Cement - Germany
- Directorate General of MIneral and Coal - Indonesia
- Independent Power Producers Association of India
- San Jose City I Power Corp, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Oldendorff Carriers - Singapore
- Bayan Resources Tbk. - Indonesia
- SMG Consultants - Indonesia
- Eastern Energy - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Bhushan Steel Limited - India
- Baramulti Group, Indonesia
- Cement Manufacturers Association - India
- Global Coal Blending Company Limited - Australia
- Leighton Contractors Pty Ltd - Australia
- Trasteel International SA, Italy
- Indo Tambangraya Megah - Indonesia
- White Energy Company Limited
- Kohat Cement Company Ltd. - Pakistan
- The University of Queensland
- Aboitiz Power Corporation - Philippines
- Uttam Galva Steels Limited - India
- Riau Bara Harum - Indonesia
- Semirara Mining Corp, Philippines
- Metalloyd Limited - United Kingdom
- Electricity Generating Authority of Thailand
- Kepco SPC Power Corporation, Philippines
- Lanco Infratech Ltd - India
- Gujarat Sidhee Cement - India
- Banpu Public Company Limited - Thailand
- Alfred C Toepfer International GmbH - Germany
- Krishnapatnam Port Company Ltd. - India
- Medco Energi Mining Internasional
- Makarim & Taira - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Sakthi Sugars Limited - India
- CIMB Investment Bank - Malaysia
- Ind-Barath Power Infra Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Xindia Steels Limited - India
- Goldman Sachs - Singapore
- Bukit Baiduri Energy - Indonesia
- Samtan Co., Ltd - South Korea
- European Bulk Services B.V. - Netherlands
- Malabar Cements Ltd - India
- Dalmia Cement Bharat India
- Planning Commission, India
- ASAPP Information Group - India
- SN Aboitiz Power Inc, Philippines
- Star Paper Mills Limited - India
- Bharathi Cement Corporation - India
- Africa Commodities Group - South Africa
- Kaltim Prima Coal - Indonesia
- Chamber of Mines of South Africa
- Global Business Power Corporation, Philippines
- Attock Cement Pakistan Limited
- Indika Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Chettinad Cement Corporation Ltd - India
- Kumho Petrochemical, South Korea
- Petrochimia International Co. Ltd.- Taiwan
- South Luzon Thermal Energy Corporation
- Toyota Tsusho Corporation, Japan
- Mercuria Energy - Indonesia
- Rio Tinto Coal - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Commonwealth Bank - Australia
- Cigading International Bulk Terminal - Indonesia
- Orica Mining Services - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Binh Thuan Hamico - Vietnam
- Anglo American - United Kingdom
- Ministry of Transport, Egypt
- Wood Mackenzie - Singapore
- Thai Mozambique Logistica
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Georgia Ports Authority, United States
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Borneo Indobara - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- TeaM Sual Corporation - Philippines
- Sindya Power Generating Company Private Ltd
- Tata Chemicals Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Siam City Cement PLC, Thailand
- PetroVietnam Power Coal Import and Supply Company
- Power Finance Corporation Ltd., India
- Bukit Makmur.PT - Indonesia
- Economic Council, Georgia
- Indonesian Coal Mining Association
- Tamil Nadu electricity Board
- Edison Trading Spa - Italy
- Pendopo Energi Batubara - Indonesia
- ICICI Bank Limited - India
- Mercator Lines Limited - India
- Miang Besar Coal Terminal - Indonesia
- New Zealand Coal & Carbon
- Bangladesh Power Developement Board
- Sical Logistics Limited - India
- Jindal Steel & Power Ltd - India
- Vizag Seaport Private Limited - India
- Timah Investasi Mineral - Indoneisa
- SMC Global Power, Philippines
- Port Waratah Coal Services - Australia
- Kartika Selabumi Mining - Indonesia
- Directorate Of Revenue Intelligence - India
- Coastal Gujarat Power Limited - India
- Larsen & Toubro Limited - India
- Sojitz Corporation - Japan
- Pipit Mutiara Jaya. PT, Indonesia
- Deloitte Consulting - India
- Renaissance Capital - South Africa
- GAC Shipping (India) Pvt Ltd
- Bulk Trading Sa - Switzerland
- Ministry of Finance - Indonesia
- The Treasury - Australian Government
- Ambuja Cements Ltd - India
- Latin American Coal - Colombia
- Intertek Mineral Services - Indonesia
- GVK Power & Infra Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- GMR Energy Limited - India
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