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Monday, 18 April 22
GOVT IN DISCUSSION WITH WORLD BANK ON FRAMEWORK FOR COAL MINE CLOSURE - BUSINESS STANDARD
The coal ministry is in discussions with the World Bank for collaboration on the mine closure framework, a government official said on Wednesday.
Coal Additional Secretary M Nagaraju said the government is committed to ensuring that mines are properly and scientifically closed for the benefit of the society.
“We are now actually collaborating with the World Bank to develop a coal mine closure framework,” Nagaraju said during a webinar.
Vast experience of the World Bank in handling mine closure cases in different countries will be highly beneficial and facilitate the adoption of the best practices and standards in handling mine closure cases.
The additional secretary also said both renewable energy (RE) and coal will go hand in hand complementing each other for some more time and then RE will take over the energy security of the country.
The ministry had earlier said it is in the process of finalising a robust mine closure framework on three major aspects – institutional governance; people and communities; and environmental reclamation and land re-purposing on the principles of just transition.
The ministry had earlier said that as of now, the Indian coal sector is doing its best to fulfill the country’s energy demand by augmenting coal production. At the same time, it is also taking various initiatives towards adopting the path of sustainable development with an emphasis on care for the environment and the host community.
However, the Indian coal sector, the ministry had said, is relatively new to the concept of systematic mine closure. Mine closure guidelines were first introduced in 2009, re-issued in 2013 and are still evolving.
“As coal mining in India had started long ago, our coalfields are replete with several legacy mines remaining unused for long. In addition, mines are closing and will close in future also due to reasons such as exhaustion of reserves, adverse geo-mining conditions, safety issues, etc,” the ministry had said.
These mine sites should not only be made safe and environmentally stable but the continuity of livelihood should also be ensured for those who were directly or indirectly dependent on the mines, it had said.
Reclaimed lands will also be repurposed for economic use of the community and state, including tourism, sports, forestry, agriculture, horticulture and townships.
The coal ministry has, therefore, envisaged building an all-inclusive comprehensive nationwide mine closure framework to cover legacy mines, recently closed mines and mine closures scheduled to happen in the short term, the statement had said.
Source: Business Standard
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Thursday, 30 June 22
FINANCIAL GAINS SUPPORT COAL TRANSITION - BALTIC EXCHANGE
Support for the shift away from coal dependency continues to mount, with the International Monetary Fund (IMF) calculating that the move would gene ...
Thursday, 30 June 22
WHY ARE LNG SHIPPING STOCKS RESILIENT? - DREWRY
LNG shipping stocks are proving resilient despite uncertainties about growth in global GDP, high inflation and the ongoing geopolitical crisis caus ...
Thursday, 30 June 22
SPOT AUSTRALIAN THERMAL COAL HAS SURGED, BUT CONTRACT PRICE IS KEY - REUTERS
The spot price of Australian thermal coal is higher than that of coking coal, an unprecedented situation that highlights just how the global market ...
Thursday, 30 June 22
SHANXI PROVINCE RAISES ANNUAL COAL OUTPUT TO 1.3 BILLION TONS TO ENSURE CHINA’S ENERGY SUPPLY - GLOBAL TIMES
North China’s Shanxi Province, a major coal-producing region, recently announced a move to increase its annual coal production output by 107 ...
Thursday, 30 June 22
DIVERGENCE BETWEEN HIGH- AND LOW-GRADE THERMAL COAL PRICES IN APAC TO NARROW - FITCH RATINGS
Prices between high- and low-grade thermal coal in Asia-Pacific (APAC) have diverged since late March 2022, but Fitch Ratings expects the gap to na ...
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- Cement Manufacturers Association - India
- Central Electricity Authority - India
- Oldendorff Carriers - Singapore
- Goldman Sachs - Singapore
- Sindya Power Generating Company Private Ltd
- International Coal Ventures Pvt Ltd - India
- Ambuja Cements Ltd - India
- Intertek Mineral Services - Indonesia
- Sarangani Energy Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Energy Link Ltd, New Zealand
- Sinarmas Energy and Mining - Indonesia
- Chamber of Mines of South Africa
- San Jose City I Power Corp, Philippines
- Krishnapatnam Port Company Ltd. - India
- Port Waratah Coal Services - Australia
- Orica Australia Pty. Ltd.
- Central Java Power - Indonesia
- Merrill Lynch Commodities Europe
- Global Green Power PLC Corporation, Philippines
- Electricity Generating Authority of Thailand
- Bulk Trading Sa - Switzerland
- IHS Mccloskey Coal Group - USA
- Planning Commission, India
- Uttam Galva Steels Limited - India
- Wood Mackenzie - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Baramulti Group, Indonesia
- TeaM Sual Corporation - Philippines
- Dalmia Cement Bharat India
- ASAPP Information Group - India
- Singapore Mercantile Exchange
- Meenaskhi Energy Private Limited - India
- Thai Mozambique Logistica
- India Bulls Power Limited - India
- Karaikal Port Pvt Ltd - India
- Minerals Council of Australia
- Semirara Mining Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Agrawal Coal Company - India
- Karbindo Abesyapradhi - Indoneisa
- Global Business Power Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Binh Thuan Hamico - Vietnam
- Sojitz Corporation - Japan
- Rashtriya Ispat Nigam Limited - India
- Kideco Jaya Agung - Indonesia
- Indian Energy Exchange, India
- Mercuria Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Kepco SPC Power Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Bukit Makmur.PT - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Ministry of Mines - Canada
- PNOC Exploration Corporation - Philippines
- Indian Oil Corporation Limited
- Indonesian Coal Mining Association
- Attock Cement Pakistan Limited
- Trasteel International SA, Italy
- Africa Commodities Group - South Africa
- AsiaOL BioFuels Corp., Philippines
- Grasim Industreis Ltd - India
- Bayan Resources Tbk. - Indonesia
- Barasentosa Lestari - Indonesia
- Petron Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Edison Trading Spa - Italy
- Gujarat Mineral Development Corp Ltd - India
- MS Steel International - UAE
- PetroVietnam Power Coal Import and Supply Company
- Madhucon Powers Ltd - India
- Therma Luzon, Inc, Philippines
- ICICI Bank Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Larsen & Toubro Limited - India
- Timah Investasi Mineral - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- PowerSource Philippines DevCo
- Iligan Light & Power Inc, Philippines
- Australian Commodity Traders Exchange
- Siam City Cement - Thailand
- Salva Resources Pvt Ltd - India
- Carbofer General Trading SA - India
- Riau Bara Harum - Indonesia
- McConnell Dowell - Australia
- Jorong Barutama Greston.PT - Indonesia
- GVK Power & Infra Limited - India
- Kartika Selabumi Mining - Indonesia
- Banpu Public Company Limited - Thailand
- Deloitte Consulting - India
- Bukit Baiduri Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- GAC Shipping (India) Pvt Ltd
- London Commodity Brokers - England
- Vizag Seaport Private Limited - India
- SMC Global Power, Philippines
- Parry Sugars Refinery, India
- OPG Power Generation Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Latin American Coal - Colombia
- Simpson Spence & Young - Indonesia
- Ministry of Finance - Indonesia
- Energy Development Corp, Philippines
- New Zealand Coal & Carbon
- Coal and Oil Company - UAE
- The State Trading Corporation of India Ltd
- Toyota Tsusho Corporation, Japan
- Xindia Steels Limited - India
- Sical Logistics Limited - India
- Star Paper Mills Limited - India
- Makarim & Taira - Indonesia
- Kumho Petrochemical, South Korea
- Altura Mining Limited, Indonesia
- White Energy Company Limited
- CNBM International Corporation - China
- Wilmar Investment Holdings
- Bhushan Steel Limited - India
- Price Waterhouse Coopers - Russia
- Antam Resourcindo - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Lanco Infratech Ltd - India
- Maheswari Brothers Coal Limited - India
- Pendopo Energi Batubara - Indonesia
- Sakthi Sugars Limited - India
- Jindal Steel & Power Ltd - India
- Mercator Lines Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jaiprakash Power Ventures ltd
- Tamil Nadu electricity Board
- VISA Power Limited - India
- SN Aboitiz Power Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- CIMB Investment Bank - Malaysia
- Coastal Gujarat Power Limited - India
- Orica Mining Services - Indonesia
- Romanian Commodities Exchange
- Directorate Of Revenue Intelligence - India
- Eastern Energy - Thailand
- Vedanta Resources Plc - India
- Aboitiz Power Corporation - Philippines
- Renaissance Capital - South Africa
- Manunggal Multi Energi - Indonesia
- Sree Jayajothi Cements Limited - India
- Mjunction Services Limited - India
- Gujarat Sidhee Cement - India
- Meralco Power Generation, Philippines
- Malabar Cements Ltd - India
- SMG Consultants - Indonesia
- Anglo American - United Kingdom
- GN Power Mariveles Coal Plant, Philippines
- Indo Tambangraya Megah - Indonesia
- Essar Steel Hazira Ltd - India
- Aditya Birla Group - India
- Independent Power Producers Association of India
- Indika Energy - Indonesia
- Parliament of New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- Australian Coal Association
- PTC India Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Alfred C Toepfer International GmbH - Germany
- Economic Council, Georgia
- Power Finance Corporation Ltd., India
- Pipit Mutiara Jaya. PT, Indonesia
- Bhatia International Limited - India
- Miang Besar Coal Terminal - Indonesia
- Interocean Group of Companies - India
- LBH Netherlands Bv - Netherlands
- GMR Energy Limited - India
- Heidelberg Cement - Germany
- Commonwealth Bank - Australia
- Kohat Cement Company Ltd. - Pakistan
- Formosa Plastics Group - Taiwan
- Samtan Co., Ltd - South Korea
- Standard Chartered Bank - UAE
- Tata Chemicals Ltd - India
- Rio Tinto Coal - Australia
- Gujarat Electricity Regulatory Commission - India
- Posco Energy - South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Chettinad Cement Corporation Ltd - India
- The University of Queensland
- Global Coal Blending Company Limited - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Indogreen Group - Indonesia
- Bharathi Cement Corporation - India
- South Luzon Thermal Energy Corporation
- Marubeni Corporation - India
- Bangladesh Power Developement Board
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Videocon Industries ltd - India
- The Treasury - Australian Government
- IEA Clean Coal Centre - UK
- Mintek Dendrill Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Kaltim Prima Coal - Indonesia
- Coalindo Energy - Indonesia
- Thiess Contractors Indonesia
- Georgia Ports Authority, United States
- Siam City Cement PLC, Thailand
- Leighton Contractors Pty Ltd - Australia
- Borneo Indobara - Indonesia
- Savvy Resources Ltd - HongKong
- Electricity Authority, New Zealand
- European Bulk Services B.V. - Netherlands
- Medco Energi Mining Internasional
- Petrochimia International Co. Ltd.- Taiwan
- Metalloyd Limited - United Kingdom
- Eastern Coal Council - USA
- Ministry of Transport, Egypt
- Semirara Mining and Power Corporation, Philippines
- Straits Asia Resources Limited - Singapore
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