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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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Monday, 24 June 24
PHILIPPINES COAL SUPPLY ENOUGH UNTIL 2030 - PHILSTAR GLOBAL
The country’s existing coal-fired power plants are sufficient to ensure enough base load capacity in the next six years, Energy Secretary Rap ...
Friday, 14 June 24
NEXTDECADE, SAUDI ARAMCO SIGN 20-YEAR LNG SUPPLY DEAL - REUTERS
U.S. liquefied natural gas (LNG) provider NextDecade has signed a non-binding agreement with Saudi Aramco 2222.SE to supply 1.2 million tonnes per ...
Friday, 14 June 24
NEWBUILDING PRICES CLIMB 3% TO HIGHEST LEVEL IN 16 YEARS - NIELS RASMUSSEN
“Since the start of the year, newbuilding prices have risen 3% to their highest level since 2008. Compared to their most recent low in late 2 ...
Friday, 14 June 24
INDIA TARGETS HIGHER DOMESTIC COAL PRODUCTION, REDUCED IMPORTS: GOVT - REUTERS
India wants to reduce coal imports and increase domestic production, federal coal minister G. Kishan Reddy said on Thursday.
The cou ...
Thursday, 13 June 24
US LNG TO ASIA FOR POWER GENERATION EXPECTED TO CUT EMISSIONS VERSUS COAL - RYSTAD ENERGY
The value-chain emissions of liquified natural gas (LNG) are lower on average than for coal-fired power generation, even when the fuel is shipp ...
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- Bhoruka Overseas - Indonesia
- South Luzon Thermal Energy Corporation
- Singapore Mercantile Exchange
- Larsen & Toubro Limited - India
- Semirara Mining Corp, Philippines
- Vizag Seaport Private Limited - India
- Cigading International Bulk Terminal - Indonesia
- Indogreen Group - Indonesia
- Globalindo Alam Lestari - Indonesia
- Grasim Industreis Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Altura Mining Limited, Indonesia
- Riau Bara Harum - Indonesia
- Goldman Sachs - Singapore
- Makarim & Taira - Indonesia
- Jindal Steel & Power Ltd - India
- Manunggal Multi Energi - Indonesia
- Xindia Steels Limited - India
- Agrawal Coal Company - India
- Sarangani Energy Corporation, Philippines
- VISA Power Limited - India
- Coal and Oil Company - UAE
- Leighton Contractors Pty Ltd - Australia
- Miang Besar Coal Terminal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Jaiprakash Power Ventures ltd
- AsiaOL BioFuels Corp., Philippines
- SN Aboitiz Power Inc, Philippines
- Toyota Tsusho Corporation, Japan
- Kobexindo Tractors - Indoneisa
- Energy Development Corp, Philippines
- Planning Commission, India
- Energy Link Ltd, New Zealand
- Karbindo Abesyapradhi - Indoneisa
- White Energy Company Limited
- Cement Manufacturers Association - India
- GN Power Mariveles Coal Plant, Philippines
- Semirara Mining and Power Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Global Coal Blending Company Limited - Australia
- Romanian Commodities Exchange
- Ministry of Mines - Canada
- Oldendorff Carriers - Singapore
- Wilmar Investment Holdings
- Sree Jayajothi Cements Limited - India
- Wood Mackenzie - Singapore
- New Zealand Coal & Carbon
- IEA Clean Coal Centre - UK
- Meralco Power Generation, Philippines
- Interocean Group of Companies - India
- Rio Tinto Coal - Australia
- Simpson Spence & Young - Indonesia
- Indonesian Coal Mining Association
- Banpu Public Company Limited - Thailand
- Iligan Light & Power Inc, Philippines
- London Commodity Brokers - England
- Alfred C Toepfer International GmbH - Germany
- Rashtriya Ispat Nigam Limited - India
- Directorate General of MIneral and Coal - Indonesia
- International Coal Ventures Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Indian Oil Corporation Limited
- European Bulk Services B.V. - Netherlands
- Aboitiz Power Corporation - Philippines
- Thai Mozambique Logistica
- Bukit Baiduri Energy - Indonesia
- Heidelberg Cement - Germany
- Vedanta Resources Plc - India
- Karaikal Port Pvt Ltd - India
- Baramulti Group, Indonesia
- Electricity Generating Authority of Thailand
- Bulk Trading Sa - Switzerland
- Tata Chemicals Ltd - India
- Salva Resources Pvt Ltd - India
- The State Trading Corporation of India Ltd
- LBH Netherlands Bv - Netherlands
- Coalindo Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Formosa Plastics Group - Taiwan
- Timah Investasi Mineral - Indoneisa
- Indian Energy Exchange, India
- Central Java Power - Indonesia
- CNBM International Corporation - China
- Aditya Birla Group - India
- Asmin Koalindo Tuhup - Indonesia
- Antam Resourcindo - Indonesia
- McConnell Dowell - Australia
- TeaM Sual Corporation - Philippines
- Minerals Council of Australia
- Economic Council, Georgia
- India Bulls Power Limited - India
- PNOC Exploration Corporation - Philippines
- Thiess Contractors Indonesia
- Madhucon Powers Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Edison Trading Spa - Italy
- San Jose City I Power Corp, Philippines
- Sical Logistics Limited - India
- Coastal Gujarat Power Limited - India
- Marubeni Corporation - India
- Kumho Petrochemical, South Korea
- Ceylon Electricity Board - Sri Lanka
- Maharashtra Electricity Regulatory Commission - India
- ASAPP Information Group - India
- Latin American Coal - Colombia
- Sinarmas Energy and Mining - Indonesia
- Attock Cement Pakistan Limited
- Central Electricity Authority - India
- Ind-Barath Power Infra Limited - India
- Standard Chartered Bank - UAE
- Bayan Resources Tbk. - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Eastern Coal Council - USA
- PetroVietnam Power Coal Import and Supply Company
- Essar Steel Hazira Ltd - India
- Orica Australia Pty. Ltd.
- Uttam Galva Steels Limited - India
- GAC Shipping (India) Pvt Ltd
- Deloitte Consulting - India
- Intertek Mineral Services - Indonesia
- The Treasury - Australian Government
- Renaissance Capital - South Africa
- Georgia Ports Authority, United States
- Power Finance Corporation Ltd., India
- Dalmia Cement Bharat India
- Bangladesh Power Developement Board
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bhatia International Limited - India
- Malabar Cements Ltd - India
- Indika Energy - Indonesia
- Barasentosa Lestari - Indonesia
- GMR Energy Limited - India
- Orica Mining Services - Indonesia
- Eastern Energy - Thailand
- Binh Thuan Hamico - Vietnam
- SMG Consultants - Indonesia
- Commonwealth Bank - Australia
- Borneo Indobara - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Billiton Holdings Pty Ltd - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sojitz Corporation - Japan
- CIMB Investment Bank - Malaysia
- Australian Commodity Traders Exchange
- Ambuja Cements Ltd - India
- Anglo American - United Kingdom
- Bukit Asam (Persero) Tbk - Indonesia
- Tamil Nadu electricity Board
- Merrill Lynch Commodities Europe
- Chettinad Cement Corporation Ltd - India
- ICICI Bank Limited - India
- Kaltim Prima Coal - Indonesia
- Mjunction Services Limited - India
- Chamber of Mines of South Africa
- Kalimantan Lumbung Energi - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Bharathi Cement Corporation - India
- Sakthi Sugars Limited - India
- Videocon Industries ltd - India
- Global Green Power PLC Corporation, Philippines
- Siam City Cement - Thailand
- Ministry of Finance - Indonesia
- Gujarat Sidhee Cement - India
- SMC Global Power, Philippines
- PTC India Limited - India
- Trasteel International SA, Italy
- Lanco Infratech Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Mintek Dendrill Indonesia
- OPG Power Generation Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Bhushan Steel Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Africa Commodities Group - South Africa
- Directorate Of Revenue Intelligence - India
- Krishnapatnam Port Company Ltd. - India
- Ministry of Transport, Egypt
- Maheswari Brothers Coal Limited - India
- Petron Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Pendopo Energi Batubara - Indonesia
- PowerSource Philippines DevCo
- Carbofer General Trading SA - India
- MS Steel International - UAE
- Therma Luzon, Inc, Philippines
- Straits Asia Resources Limited - Singapore
- Savvy Resources Ltd - HongKong
- Posco Energy - South Korea
- Mercuria Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Sindya Power Generating Company Private Ltd
- Indo Tambangraya Megah - Indonesia
- Parry Sugars Refinery, India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Siam City Cement PLC, Thailand
- Kohat Cement Company Ltd. - Pakistan
- Metalloyd Limited - United Kingdom
- Kartika Selabumi Mining - Indonesia
- Price Waterhouse Coopers - Russia
- Samtan Co., Ltd - South Korea
- Mercator Lines Limited - India
- Medco Energi Mining Internasional
- Star Paper Mills Limited - India
- Meenaskhi Energy Private Limited - India
- Holcim Trading Pte Ltd - Singapore
- Australian Coal Association
- GVK Power & Infra Limited - India
- Gujarat Electricity Regulatory Commission - India
- The University of Queensland
- Independent Power Producers Association of India
- Electricity Authority, New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Parliament of New Zealand
- Global Business Power Corporation, Philippines
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