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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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- Borneo Indobara - Indonesia
- Makarim & Taira - Indonesia
- Mjunction Services Limited - India
- Attock Cement Pakistan Limited
- Sojitz Corporation - Japan
- Ministry of Finance - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Deloitte Consulting - India
- Grasim Industreis Ltd - India
- Merrill Lynch Commodities Europe
- CNBM International Corporation - China
- New Zealand Coal & Carbon
- Siam City Cement - Thailand
- Indonesian Coal Mining Association
- South Luzon Thermal Energy Corporation
- PNOC Exploration Corporation - Philippines
- Orica Australia Pty. Ltd.
- Meralco Power Generation, Philippines
- Intertek Mineral Services - Indonesia
- Karaikal Port Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- OPG Power Generation Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- SMG Consultants - Indonesia
- Anglo American - United Kingdom
- GVK Power & Infra Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Thai Mozambique Logistica
- VISA Power Limited - India
- Xindia Steels Limited - India
- Oldendorff Carriers - Singapore
- LBH Netherlands Bv - Netherlands
- Medco Energi Mining Internasional
- Gujarat Mineral Development Corp Ltd - India
- Mercuria Energy - Indonesia
- Eastern Energy - Thailand
- Kobexindo Tractors - Indoneisa
- IEA Clean Coal Centre - UK
- Manunggal Multi Energi - Indonesia
- Bangladesh Power Developement Board
- Parry Sugars Refinery, India
- Bulk Trading Sa - Switzerland
- Kartika Selabumi Mining - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Australian Coal Association
- Bukit Baiduri Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Orica Mining Services - Indonesia
- Kepco SPC Power Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Ceylon Electricity Board - Sri Lanka
- Videocon Industries ltd - India
- Price Waterhouse Coopers - Russia
- Planning Commission, India
- Aboitiz Power Corporation - Philippines
- Chamber of Mines of South Africa
- Binh Thuan Hamico - Vietnam
- Minerals Council of Australia
- Gujarat Electricity Regulatory Commission - India
- Riau Bara Harum - Indonesia
- Global Coal Blending Company Limited - Australia
- Baramulti Group, Indonesia
- Parliament of New Zealand
- Directorate General of MIneral and Coal - Indonesia
- Aditya Birla Group - India
- Meenaskhi Energy Private Limited - India
- Karbindo Abesyapradhi - Indoneisa
- London Commodity Brokers - England
- GMR Energy Limited - India
- Edison Trading Spa - Italy
- Chettinad Cement Corporation Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Renaissance Capital - South Africa
- Georgia Ports Authority, United States
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Maheswari Brothers Coal Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Rio Tinto Coal - Australia
- Energy Link Ltd, New Zealand
- CIMB Investment Bank - Malaysia
- Carbofer General Trading SA - India
- Bhushan Steel Limited - India
- Indian Energy Exchange, India
- Star Paper Mills Limited - India
- Kapuas Tunggal Persada - Indonesia
- Petron Corporation, Philippines
- Indian Oil Corporation Limited
- SMC Global Power, Philippines
- Sakthi Sugars Limited - India
- Sical Logistics Limited - India
- Lanco Infratech Ltd - India
- Sarangani Energy Corporation, Philippines
- Uttam Galva Steels Limited - India
- Trasteel International SA, Italy
- Alfred C Toepfer International GmbH - Germany
- GN Power Mariveles Coal Plant, Philippines
- Salva Resources Pvt Ltd - India
- ICICI Bank Limited - India
- India Bulls Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Posco Energy - South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Wood Mackenzie - Singapore
- Indogreen Group - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Latin American Coal - Colombia
- Port Waratah Coal Services - Australia
- Asmin Koalindo Tuhup - Indonesia
- Independent Power Producers Association of India
- Eastern Coal Council - USA
- Interocean Group of Companies - India
- Marubeni Corporation - India
- Australian Commodity Traders Exchange
- Electricity Generating Authority of Thailand
- Economic Council, Georgia
- Directorate Of Revenue Intelligence - India
- Romanian Commodities Exchange
- Bhoruka Overseas - Indonesia
- Bayan Resources Tbk. - Indonesia
- Tata Chemicals Ltd - India
- Mintek Dendrill Indonesia
- International Coal Ventures Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- TeaM Sual Corporation - Philippines
- Kalimantan Lumbung Energi - Indonesia
- Ambuja Cements Ltd - India
- Timah Investasi Mineral - Indoneisa
- Ministry of Transport, Egypt
- Siam City Cement PLC, Thailand
- Essar Steel Hazira Ltd - India
- MS Steel International - UAE
- Kaltim Prima Coal - Indonesia
- Samtan Co., Ltd - South Korea
- Pendopo Energi Batubara - Indonesia
- European Bulk Services B.V. - Netherlands
- Singapore Mercantile Exchange
- Heidelberg Cement - Germany
- Bukit Asam (Persero) Tbk - Indonesia
- Therma Luzon, Inc, Philippines
- Power Finance Corporation Ltd., India
- Tamil Nadu electricity Board
- Indika Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Coalindo Energy - Indonesia
- Central Java Power - Indonesia
- Agrawal Coal Company - India
- Coastal Gujarat Power Limited - India
- The State Trading Corporation of India Ltd
- Standard Chartered Bank - UAE
- Goldman Sachs - Singapore
- Larsen & Toubro Limited - India
- GAC Shipping (India) Pvt Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Vedanta Resources Plc - India
- White Energy Company Limited
- Antam Resourcindo - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Gujarat Sidhee Cement - India
- San Jose City I Power Corp, Philippines
- Thiess Contractors Indonesia
- Jaiprakash Power Ventures ltd
- Altura Mining Limited, Indonesia
- Miang Besar Coal Terminal - Indonesia
- Jindal Steel & Power Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Ind-Barath Power Infra Limited - India
- Leighton Contractors Pty Ltd - Australia
- Global Business Power Corporation, Philippines
- Electricity Authority, New Zealand
- The Treasury - Australian Government
- IHS Mccloskey Coal Group - USA
- Bukit Makmur.PT - Indonesia
- ASAPP Information Group - India
- PTC India Limited - India
- Global Green Power PLC Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Ministry of Mines - Canada
- Bhatia International Limited - India
- Kumho Petrochemical, South Korea
- Iligan Light & Power Inc, Philippines
- Bharathi Cement Corporation - India
- Globalindo Alam Lestari - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Neyveli Lignite Corporation Ltd, - India
- Madhucon Powers Ltd - India
- Formosa Plastics Group - Taiwan
- PowerSource Philippines DevCo
- AsiaOL BioFuels Corp., Philippines
- Banpu Public Company Limited - Thailand
- Straits Asia Resources Limited - Singapore
- SN Aboitiz Power Inc, Philippines
- Wilmar Investment Holdings
- Simpson Spence & Young - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Indo Tambangraya Megah - Indonesia
- McConnell Dowell - Australia
- Metalloyd Limited - United Kingdom
- Bank of Tokyo Mitsubishi UFJ Ltd
- Central Electricity Authority - India
- Sindya Power Generating Company Private Ltd
- Africa Commodities Group - South Africa
- Maharashtra Electricity Regulatory Commission - India
- Dalmia Cement Bharat India
- Savvy Resources Ltd - HongKong
- Billiton Holdings Pty Ltd - Australia
- Mercator Lines Limited - India
- Semirara Mining Corp, Philippines
- Cement Manufacturers Association - India
- Commonwealth Bank - Australia
- The University of Queensland
- Energy Development Corp, Philippines
- Vizag Seaport Private Limited - India
- Malabar Cements Ltd - India
- Coal and Oil Company - UAE
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