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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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Tuesday, 02 June 20
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX DOWN 0.86 PCT - XINHUA
China Taiyuan coal transaction price index stood at 123.95 points Monday, down 0.86 percent week on week.
The index, released by Chi ...
Monday, 01 June 20
SUPRAMAX: IN SOUTH EAST ASIA RATES TRADED SIDEWAYS - BALTIC BRIEFING
Capesize
A sober end to the week, with the market seemingly ready for the weekend. After a steady week of rate declines a small flurry of Atlan ...
Friday, 29 May 20
COVID-19: COAL SUPPLY BY CIL TO POWER SECTOR DIPS 22% TO 32 MT IN APRIL DUE TO DEMAND SLUMP - PTI
Over 95% of CIL’s production comes from its 171 open cast mines.
The supply of coal to the power sector by state-owned Coal In ...
Friday, 29 May 20
AUSTRALIA'S NEW HOPE WARNS OF HIT FROM COAL PRICE SLUMP - REUTERS
Australia’s New Hope Corp Ltd said on Thursday that a sudden drop in thermal coal prices and lower output from its Queensland operations woul ...
Friday, 29 May 20
KOMIPO ON BEHALF FIVE KOREAN GENCOS INVITED COAL BIDS FOR 5,700 & 4999 NCV COAL FOR AUGUST 2020 LOADING
COALspot.com: South Korea’s Korea Midland Power Co.,Ltd (KOMIPO) on behalf five (5) Korean Gencos has Issued an International Tender for tota ...
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- New Zealand Coal & Carbon
- SN Aboitiz Power Inc, Philippines
- IEA Clean Coal Centre - UK
- Bharathi Cement Corporation - India
- Mercator Lines Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Kumho Petrochemical, South Korea
- Interocean Group of Companies - India
- Jaiprakash Power Ventures ltd
- Kepco SPC Power Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Australian Coal Association
- Metalloyd Limited - United Kingdom
- Indogreen Group - Indonesia
- Price Waterhouse Coopers - Russia
- Posco Energy - South Korea
- Xindia Steels Limited - India
- Central Electricity Authority - India
- Cigading International Bulk Terminal - Indonesia
- Karaikal Port Pvt Ltd - India
- Bhushan Steel Limited - India
- Leighton Contractors Pty Ltd - Australia
- Directorate General of MIneral and Coal - Indonesia
- Directorate Of Revenue Intelligence - India
- Wood Mackenzie - Singapore
- Commonwealth Bank - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Medco Energi Mining Internasional
- Petron Corporation, Philippines
- Antam Resourcindo - Indonesia
- Vedanta Resources Plc - India
- Coastal Gujarat Power Limited - India
- Thiess Contractors Indonesia
- Miang Besar Coal Terminal - Indonesia
- PNOC Exploration Corporation - Philippines
- Kartika Selabumi Mining - Indonesia
- European Bulk Services B.V. - Netherlands
- Electricity Generating Authority of Thailand
- Cement Manufacturers Association - India
- Power Finance Corporation Ltd., India
- Straits Asia Resources Limited - Singapore
- GVK Power & Infra Limited - India
- Parry Sugars Refinery, India
- GN Power Mariveles Coal Plant, Philippines
- Bhoruka Overseas - Indonesia
- Vizag Seaport Private Limited - India
- Deloitte Consulting - India
- Meenaskhi Energy Private Limited - India
- Binh Thuan Hamico - Vietnam
- Mintek Dendrill Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Africa Commodities Group - South Africa
- Orica Australia Pty. Ltd.
- Krishnapatnam Port Company Ltd. - India
- Holcim Trading Pte Ltd - Singapore
- Goldman Sachs - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Minerals Council of Australia
- Energy Link Ltd, New Zealand
- Bayan Resources Tbk. - Indonesia
- Singapore Mercantile Exchange
- Videocon Industries ltd - India
- London Commodity Brokers - England
- San Jose City I Power Corp, Philippines
- Heidelberg Cement - Germany
- Bangladesh Power Developement Board
- Sinarmas Energy and Mining - Indonesia
- Bhatia International Limited - India
- Mjunction Services Limited - India
- Global Business Power Corporation, Philippines
- PTC India Limited - India
- Bukit Makmur.PT - Indonesia
- Altura Mining Limited, Indonesia
- The University of Queensland
- Global Green Power PLC Corporation, Philippines
- Oldendorff Carriers - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Bulk Trading Sa - Switzerland
- The State Trading Corporation of India Ltd
- Siam City Cement - Thailand
- Alfred C Toepfer International GmbH - Germany
- Independent Power Producers Association of India
- Orica Mining Services - Indonesia
- Tata Chemicals Ltd - India
- India Bulls Power Limited - India
- Aboitiz Power Corporation - Philippines
- Sical Logistics Limited - India
- Gujarat Electricity Regulatory Commission - India
- TNB Fuel Sdn Bhd - Malaysia
- Borneo Indobara - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Ind-Barath Power Infra Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Global Coal Blending Company Limited - Australia
- Banpu Public Company Limited - Thailand
- Thai Mozambique Logistica
- Pendopo Energi Batubara - Indonesia
- Coal and Oil Company - UAE
- Star Paper Mills Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Rio Tinto Coal - Australia
- Georgia Ports Authority, United States
- Intertek Mineral Services - Indonesia
- Carbofer General Trading SA - India
- Eastern Coal Council - USA
- Jindal Steel & Power Ltd - India
- Manunggal Multi Energi - Indonesia
- Siam City Cement PLC, Thailand
- OPG Power Generation Pvt Ltd - India
- ICICI Bank Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- International Coal Ventures Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Grasim Industreis Ltd - India
- Samtan Co., Ltd - South Korea
- Uttam Galva Steels Limited - India
- Coalindo Energy - Indonesia
- Madhucon Powers Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Agrawal Coal Company - India
- Indonesian Coal Mining Association
- Australian Commodity Traders Exchange
- Ministry of Finance - Indonesia
- Aditya Birla Group - India
- Anglo American - United Kingdom
- Chettinad Cement Corporation Ltd - India
- Economic Council, Georgia
- Pipit Mutiara Jaya. PT, Indonesia
- Lanco Infratech Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Latin American Coal - Colombia
- Bukit Asam (Persero) Tbk - Indonesia
- Sarangani Energy Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Standard Chartered Bank - UAE
- Essar Steel Hazira Ltd - India
- Renaissance Capital - South Africa
- Kapuas Tunggal Persada - Indonesia
- Parliament of New Zealand
- Planning Commission, India
- Sakthi Sugars Limited - India
- Gujarat Mineral Development Corp Ltd - India
- GMR Energy Limited - India
- Gujarat Sidhee Cement - India
- Formosa Plastics Group - Taiwan
- Kobexindo Tractors - Indoneisa
- Attock Cement Pakistan Limited
- Riau Bara Harum - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Indian Oil Corporation Limited
- Dalmia Cement Bharat India
- The Treasury - Australian Government
- CNBM International Corporation - China
- Electricity Authority, New Zealand
- Trasteel International SA, Italy
- Toyota Tsusho Corporation, Japan
- Therma Luzon, Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Port Waratah Coal Services - Australia
- Indo Tambangraya Megah - Indonesia
- Indika Energy - Indonesia
- Ambuja Cements Ltd - India
- LBH Netherlands Bv - Netherlands
- Maheswari Brothers Coal Limited - India
- Tamil Nadu electricity Board
- Malabar Cements Ltd - India
- Semirara Mining Corp, Philippines
- Timah Investasi Mineral - Indoneisa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Wilmar Investment Holdings
- MS Steel International - UAE
- SMC Global Power, Philippines
- Ceylon Electricity Board - Sri Lanka
- Simpson Spence & Young - Indonesia
- TeaM Sual Corporation - Philippines
- VISA Power Limited - India
- Ministry of Mines - Canada
- McConnell Dowell - Australia
- Mercuria Energy - Indonesia
- South Luzon Thermal Energy Corporation
- IHS Mccloskey Coal Group - USA
- Kideco Jaya Agung - Indonesia
- Sojitz Corporation - Japan
- SMG Consultants - Indonesia
- Central Java Power - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Sree Jayajothi Cements Limited - India
- Meralco Power Generation, Philippines
- Larsen & Toubro Limited - India
- Edison Trading Spa - Italy
- ASAPP Information Group - India
- Sindya Power Generating Company Private Ltd
- White Energy Company Limited
- Merrill Lynch Commodities Europe
- CIMB Investment Bank - Malaysia
- GAC Shipping (India) Pvt Ltd
- Romanian Commodities Exchange
- Globalindo Alam Lestari - Indonesia
- Savvy Resources Ltd - HongKong
- Marubeni Corporation - India
- Kaltim Prima Coal - Indonesia
- Salva Resources Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Baramulti Group, Indonesia
- Energy Development Corp, Philippines
- Indian Energy Exchange, India
- Ministry of Transport, Egypt
- Bukit Baiduri Energy - Indonesia
- Makarim & Taira - Indonesia
- Iligan Light & Power Inc, Philippines
- Chamber of Mines of South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PowerSource Philippines DevCo
- Eastern Energy - Thailand
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