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Sunday, 24 January 21
GOVT ASSURES COAL INDIA OF 'FULL SUPPORT', STRESSES ON LEARNING 'NEW THINGS' - PTI
Coal Minister Pralhad Joshi assured Coal India of full government support, even as he said the PSU needs to learn “new things” for improvement in its future prospects.
The minister, who was speaking during the launch of Enterprise Resource Planning (ERP) of Coal India Ltd (CIL), said there will be full support to the company because it is the “backbone of the country”.
“But having said that the improvement is a continuous process, learning is a continuous process….let us learn new things, new ideas, new approach, and new goal. And in this, the image of coal (sector), Coal India needs to be changed. We have to change the image of Coal India,” Joshi stressed.
The ERP of CIL will help improve business performance and growth of the company with enhanced data integrity.
Stating that one and two subsidiaries of CIL were doing very good work, the minister said that other arms of the PSU should also learn from them.
“Implementation of ERP will help CIL in real-time decision making, improving efficiency and reducing costs. It will empower CIL to achieve 1 billion tonne coal production by FY 2023-24 and make it one of the most efficient mining companies in today’s dynamic and ever-changing energy scenario,” Joshi said.
Coal India accounts for over 80% of domestic coal output.
ERP in Coal India will be implemented in two phases. The first phase launched on Thursday covers operations of CIL headquarters and its two subsidiaries Western Coalfields Ltd (WCL) and Mahanadi Coalfields Ltd (MCL).
The second phase will cover rest six subsidiaries and will be made operational by August this year.
The minister also presented ‘Coal Minister’s Award’ to three coal companies of Coal India Ltd – Northern Coalfields Ltd (NCL), Central Coalfields Ltd (CCL) and WCL in a function held here.
The award has been instituted to promote best and sustainable practices for coal mining in the country.
The minister inaugurated a new Coal Handling Plant (CHP) at Krishnashila Coal Project of NCL via video conferencing. Having four million tonnes per annum (MTPA) coal handing capacity, this state of the art CHP will transport coal through conveyor belts and Rapid Loading system to Anpara Thermal Power Station (ATPS) of Uttar Pradesh Rajya Vidyut Utpadan Nigam Ltd and Renusagar Power Division of Hindalco.
CHP is part of CIL’s 35 First Mile Connectivity (FMC) projects with over 400 MTPA capacity that the company aims to complete by FY’24 with a whopping investment of ₹12,500 crore.
Coal Secretary Anil Kumar Jain, CIL Chairman Pramod Agarwal, NCL CMD P K Sinha, CCL CMD P M Prasad, WCL CMD Manoj Kumar and other dignitaries were also present during the function.
Source: PTI
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Monday, 29 March 21
MOODY'S: OUTLOOK FOR GLOBAL METALS AND MINING INDUSTRY TURNS POSITIVE ON HIGHER EBITDA IN PANDEMIC'S WAKE
- Demand for steel, iron ore and copper will rise, while aluminum, nickel and zinc will remain in surplus
- EBITDA is expected to ...
Thursday, 25 March 21
'OMNIBUS LAW' REGULATION ON INDONESIA’S ENERGY AND MINING SECTORS TO BOOST COAL PROCESSING BUT ALSO RAISES QUESTIONS - ABNR
February 2021 saw the issuance of a raft of new government regulations to give effect to the reformist Job Creation Law (colloquially known as the ...
Thursday, 25 March 21
PROPOSED SWITCH FROM COAL TO LNG THREATENS RENEWABLE ENERGY DEVELOPMENT IN ASIA - IEEFA
Renewables offer an ever cheaper, financially sustainable and energy secure alternative, better able to support developing nations
A ...
Thursday, 25 March 21
MAJOR INVESTMENT ADVISORS BLACKROCK AND MEKETA PROVIDE A FIDUCIARY PATH THROUGH THE ENERGY TRANSITION - IEEFA
BlackRock and Meketa say divestment from fossil fuels improves, not weakens, investment returns
Two major financial management firms ...
Thursday, 25 March 21
EUROPE PASSES MILESTONE WITH HALF OF COAL PLANTS CLOSED OR SET TO RETIRE BY 2030 - EURACTIV
Half of Europe’s 324 coal-fueled power plants have either closed or announced a retirement date before 2030, it emerged on Monday (22 March) ...
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- Medco Energi Mining Internasional
- Dalmia Cement Bharat India
- Manunggal Multi Energi - Indonesia
- New Zealand Coal & Carbon
- Makarim & Taira - Indonesia
- Goldman Sachs - Singapore
- Thiess Contractors Indonesia
- Intertek Mineral Services - Indonesia
- Ministry of Mines - Canada
- The University of Queensland
- Kapuas Tunggal Persada - Indonesia
- Sojitz Corporation - Japan
- Semirara Mining and Power Corporation, Philippines
- Bangladesh Power Developement Board
- Star Paper Mills Limited - India
- Riau Bara Harum - Indonesia
- Interocean Group of Companies - India
- Orica Mining Services - Indonesia
- Global Coal Blending Company Limited - Australia
- Siam City Cement - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bharathi Cement Corporation - India
- Kumho Petrochemical, South Korea
- San Jose City I Power Corp, Philippines
- Timah Investasi Mineral - Indoneisa
- Aditya Birla Group - India
- Minerals Council of Australia
- Ind-Barath Power Infra Limited - India
- Independent Power Producers Association of India
- Miang Besar Coal Terminal - Indonesia
- Uttam Galva Steels Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Agrawal Coal Company - India
- Global Business Power Corporation, Philippines
- IEA Clean Coal Centre - UK
- Binh Thuan Hamico - Vietnam
- PetroVietnam Power Coal Import and Supply Company
- Price Waterhouse Coopers - Russia
- Parry Sugars Refinery, India
- Bulk Trading Sa - Switzerland
- Central Electricity Authority - India
- Gujarat Mineral Development Corp Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Eastern Energy - Thailand
- The Treasury - Australian Government
- Aboitiz Power Corporation - Philippines
- Grasim Industreis Ltd - India
- Toyota Tsusho Corporation, Japan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- SMG Consultants - Indonesia
- Renaissance Capital - South Africa
- Carbofer General Trading SA - India
- Mercuria Energy - Indonesia
- Chamber of Mines of South Africa
- Energy Link Ltd, New Zealand
- Ministry of Finance - Indonesia
- Deloitte Consulting - India
- Iligan Light & Power Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Commonwealth Bank - Australia
- ASAPP Information Group - India
- Vizag Seaport Private Limited - India
- GMR Energy Limited - India
- Africa Commodities Group - South Africa
- Orica Australia Pty. Ltd.
- Antam Resourcindo - Indonesia
- Globalindo Alam Lestari - Indonesia
- Marubeni Corporation - India
- Kobexindo Tractors - Indoneisa
- South Luzon Thermal Energy Corporation
- Siam City Cement PLC, Thailand
- GAC Shipping (India) Pvt Ltd
- Alfred C Toepfer International GmbH - Germany
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Posco Energy - South Korea
- Holcim Trading Pte Ltd - Singapore
- Metalloyd Limited - United Kingdom
- MS Steel International - UAE
- Merrill Lynch Commodities Europe
- Bhushan Steel Limited - India
- Kepco SPC Power Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Gujarat Sidhee Cement - India
- Coal and Oil Company - UAE
- Karaikal Port Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Lanco Infratech Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Simpson Spence & Young - Indonesia
- Coastal Gujarat Power Limited - India
- Kartika Selabumi Mining - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Indo Tambangraya Megah - Indonesia
- ICICI Bank Limited - India
- Wood Mackenzie - Singapore
- Standard Chartered Bank - UAE
- Borneo Indobara - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Larsen & Toubro Limited - India
- Eastern Coal Council - USA
- Chettinad Cement Corporation Ltd - India
- International Coal Ventures Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- VISA Power Limited - India
- Bhatia International Limited - India
- Attock Cement Pakistan Limited
- Global Green Power PLC Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Jaiprakash Power Ventures ltd
- Jindal Steel & Power Ltd - India
- Electricity Authority, New Zealand
- Leighton Contractors Pty Ltd - Australia
- GVK Power & Infra Limited - India
- PowerSource Philippines DevCo
- Formosa Plastics Group - Taiwan
- Port Waratah Coal Services - Australia
- London Commodity Brokers - England
- Madhucon Powers Ltd - India
- Vedanta Resources Plc - India
- Singapore Mercantile Exchange
- Directorate General of MIneral and Coal - Indonesia
- Malabar Cements Ltd - India
- Savvy Resources Ltd - HongKong
- McConnell Dowell - Australia
- Rio Tinto Coal - Australia
- Coalindo Energy - Indonesia
- SMC Global Power, Philippines
- Indonesian Coal Mining Association
- Ceylon Electricity Board - Sri Lanka
- Semirara Mining Corp, Philippines
- Central Java Power - Indonesia
- Sakthi Sugars Limited - India
- Sarangani Energy Corporation, Philippines
- Heidelberg Cement - Germany
- Sindya Power Generating Company Private Ltd
- White Energy Company Limited
- Cigading International Bulk Terminal - Indonesia
- Parliament of New Zealand
- Australian Coal Association
- Anglo American - United Kingdom
- Indian Energy Exchange, India
- Georgia Ports Authority, United States
- Indika Energy - Indonesia
- PTC India Limited - India
- CIMB Investment Bank - Malaysia
- The State Trading Corporation of India Ltd
- Maharashtra Electricity Regulatory Commission - India
- Romanian Commodities Exchange
- Mercator Lines Limited - India
- Pendopo Energi Batubara - Indonesia
- Therma Luzon, Inc, Philippines
- Indian Oil Corporation Limited
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Makmur.PT - Indonesia
- Ministry of Transport, Egypt
- Energy Development Corp, Philippines
- Gujarat Electricity Regulatory Commission - India
- TeaM Sual Corporation - Philippines
- Tamil Nadu electricity Board
- Baramulti Group, Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bukit Asam (Persero) Tbk - Indonesia
- Mintek Dendrill Indonesia
- Meralco Power Generation, Philippines
- Krishnapatnam Port Company Ltd. - India
- European Bulk Services B.V. - Netherlands
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Bayan Resources Tbk. - Indonesia
- Banpu Public Company Limited - Thailand
- Asmin Koalindo Tuhup - Indonesia
- OPG Power Generation Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Thai Mozambique Logistica
- Edison Trading Spa - Italy
- Essar Steel Hazira Ltd - India
- Maheswari Brothers Coal Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Australian Commodity Traders Exchange
- India Bulls Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kalimantan Lumbung Energi - Indonesia
- Altura Mining Limited, Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Salva Resources Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- CNBM International Corporation - China
- AsiaOL BioFuels Corp., Philippines
- Ambuja Cements Ltd - India
- Trasteel International SA, Italy
- Xindia Steels Limited - India
- Tata Chemicals Ltd - India
- Kaltim Prima Coal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Oldendorff Carriers - Singapore
- Power Finance Corporation Ltd., India
- Kideco Jaya Agung - Indonesia
- Planning Commission, India
- Directorate Of Revenue Intelligence - India
- Cement Manufacturers Association - India
- Sical Logistics Limited - India
- Latin American Coal - Colombia
- Petron Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- LBH Netherlands Bv - Netherlands
- Rashtriya Ispat Nigam Limited - India
- Sree Jayajothi Cements Limited - India
- Electricity Generating Authority of Thailand
- Wilmar Investment Holdings
- Sinarmas Energy and Mining - Indonesia
- Economic Council, Georgia
- IHS Mccloskey Coal Group - USA
- Videocon Industries ltd - India
- Mjunction Services Limited - India
- Indogreen Group - Indonesia
- Straits Asia Resources Limited - Singapore
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