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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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Wednesday, 09 February 22
OIL PRICES: "IT'S GOING TO BE VERY EASY" TO GET TO $100/BARREL, ANALYST SAYS - YAHOO FINANCE
Energy and oil prices have been on fire over the last six months — and expect them to go higher, says one analyst.
“For ...
Wednesday, 09 February 22
MARKET INSIGHT - INTERMODAL
Iron ore prices have jumped significantly in the week prior to the Chinese New Year with traders and producers stocking up on raw materials. China& ...
Wednesday, 09 February 22
FEBRUARY HBA HITS RECORD HIGH IN 2022 ON INDONESIA’S EXPORT BAN IN JANUARY, WORSEN SUPPLY, UKRAINE TENSIONS
COALspot.com: Indonesian Coal Price Reference for February in a steep climb from January 2022.
As expected in January the Indonesia ...
Wednesday, 09 February 22
CHINESE COAL MARKS BEST DAY IN 4 MONTHS ON TIGHT SUPPLY, HIGH DEMAND - REUTERS
China’s coal futures on Tuesday recorded their best session since Bejing’s mid-October intervention to cool runaway prices, aided by co ...
Friday, 04 February 22
RENEWABLES ON THE RISE, COAL CONTINUOUSLY FALLING - EUROPEAN COMMISSION
Although oil (34.5%) and natural gas (23.7%) were still the most important fuel sources in the EU energy mix in 2020, renewable energy’s shar ...
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- Banpu Public Company Limited - Thailand
- Simpson Spence & Young - Indonesia
- Formosa Plastics Group - Taiwan
- Aditya Birla Group - India
- VISA Power Limited - India
- ASAPP Information Group - India
- Bangladesh Power Developement Board
- Makarim & Taira - Indonesia
- Bukit Baiduri Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Kideco Jaya Agung - Indonesia
- Thiess Contractors Indonesia
- Siam City Cement - Thailand
- IHS Mccloskey Coal Group - USA
- Deloitte Consulting - India
- Semirara Mining Corp, Philippines
- SN Aboitiz Power Inc, Philippines
- Madhucon Powers Ltd - India
- Tamil Nadu electricity Board
- McConnell Dowell - Australia
- Port Waratah Coal Services - Australia
- Star Paper Mills Limited - India
- Straits Asia Resources Limited - Singapore
- Planning Commission, India
- Heidelberg Cement - Germany
- The University of Queensland
- Chettinad Cement Corporation Ltd - India
- Goldman Sachs - Singapore
- TeaM Sual Corporation - Philippines
- Intertek Mineral Services - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Standard Chartered Bank - UAE
- Indian Energy Exchange, India
- Timah Investasi Mineral - Indoneisa
- Iligan Light & Power Inc, Philippines
- Tata Chemicals Ltd - India
- Carbofer General Trading SA - India
- The Treasury - Australian Government
- Petron Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- PTC India Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Medco Energi Mining Internasional
- Chamber of Mines of South Africa
- Electricity Generating Authority of Thailand
- Maheswari Brothers Coal Limited - India
- Jorong Barutama Greston.PT - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Uttam Galva Steels Limited - India
- Kepco SPC Power Corporation, Philippines
- Power Finance Corporation Ltd., India
- Altura Mining Limited, Indonesia
- Wood Mackenzie - Singapore
- Jindal Steel & Power Ltd - India
- Economic Council, Georgia
- Gujarat Sidhee Cement - India
- Sakthi Sugars Limited - India
- Coal and Oil Company - UAE
- Indogreen Group - Indonesia
- Australian Coal Association
- Vedanta Resources Plc - India
- GN Power Mariveles Coal Plant, Philippines
- Antam Resourcindo - Indonesia
- Ambuja Cements Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Kohat Cement Company Ltd. - Pakistan
- Parry Sugars Refinery, India
- Sarangani Energy Corporation, Philippines
- Ministry of Transport, Egypt
- GAC Shipping (India) Pvt Ltd
- Indian Oil Corporation Limited
- Mercuria Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Meralco Power Generation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Parliament of New Zealand
- Rashtriya Ispat Nigam Limited - India
- Eastern Energy - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Grasim Industreis Ltd - India
- Singapore Mercantile Exchange
- Mintek Dendrill Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Ministry of Finance - Indonesia
- Independent Power Producers Association of India
- Commonwealth Bank - Australia
- Mercator Lines Limited - India
- Posco Energy - South Korea
- Kapuas Tunggal Persada - Indonesia
- Latin American Coal - Colombia
- Anglo American - United Kingdom
- IEA Clean Coal Centre - UK
- Central Java Power - Indonesia
- Wilmar Investment Holdings
- Kalimantan Lumbung Energi - Indonesia
- Lanco Infratech Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Sinarmas Energy and Mining - Indonesia
- Therma Luzon, Inc, Philippines
- Salva Resources Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Ministry of Mines - Canada
- ICICI Bank Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Jaiprakash Power Ventures ltd
- Price Waterhouse Coopers - Russia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Miang Besar Coal Terminal - Indonesia
- Merrill Lynch Commodities Europe
- Indika Energy - Indonesia
- Dalmia Cement Bharat India
- Orica Australia Pty. Ltd.
- SMG Consultants - Indonesia
- Energy Development Corp, Philippines
- PowerSource Philippines DevCo
- Kobexindo Tractors - Indoneisa
- CIMB Investment Bank - Malaysia
- Sindya Power Generating Company Private Ltd
- Malabar Cements Ltd - India
- Interocean Group of Companies - India
- Sojitz Corporation - Japan
- Borneo Indobara - Indonesia
- Bharathi Cement Corporation - India
- Globalindo Alam Lestari - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Toyota Tsusho Corporation, Japan
- Oldendorff Carriers - Singapore
- MS Steel International - UAE
- Global Business Power Corporation, Philippines
- Georgia Ports Authority, United States
- TNB Fuel Sdn Bhd - Malaysia
- International Coal Ventures Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Ind-Barath Power Infra Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kumho Petrochemical, South Korea
- CNBM International Corporation - China
- Barasentosa Lestari - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PNOC Exploration Corporation - Philippines
- Bukit Makmur.PT - Indonesia
- Xindia Steels Limited - India
- Coastal Gujarat Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Sree Jayajothi Cements Limited - India
- Global Green Power PLC Corporation, Philippines
- Bhatia International Limited - India
- The State Trading Corporation of India Ltd
- Samtan Co., Ltd - South Korea
- Essar Steel Hazira Ltd - India
- Mjunction Services Limited - India
- Eastern Coal Council - USA
- Attock Cement Pakistan Limited
- Holcim Trading Pte Ltd - Singapore
- Indonesian Coal Mining Association
- Minerals Council of Australia
- Edison Trading Spa - Italy
- Karbindo Abesyapradhi - Indoneisa
- Kartika Selabumi Mining - Indonesia
- Electricity Authority, New Zealand
- European Bulk Services B.V. - Netherlands
- San Jose City I Power Corp, Philippines
- South Luzon Thermal Energy Corporation
- Vizag Seaport Private Limited - India
- Siam City Cement PLC, Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Cement Manufacturers Association - India
- SMC Global Power, Philippines
- Bhoruka Overseas - Indonesia
- Videocon Industries ltd - India
- Directorate Of Revenue Intelligence - India
- Bahari Cakrawala Sebuku - Indonesia
- Aboitiz Power Corporation - Philippines
- Meenaskhi Energy Private Limited - India
- Coalindo Energy - Indonesia
- Marubeni Corporation - India
- Thai Mozambique Logistica
- Renaissance Capital - South Africa
- Orica Mining Services - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Bhushan Steel Limited - India
- Sical Logistics Limited - India
- Larsen & Toubro Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Pendopo Energi Batubara - Indonesia
- Agrawal Coal Company - India
- Bulk Trading Sa - Switzerland
- Asmin Koalindo Tuhup - Indonesia
- Rio Tinto Coal - Australia
- Global Coal Blending Company Limited - Australia
- Maharashtra Electricity Regulatory Commission - India
- GMR Energy Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- LBH Netherlands Bv - Netherlands
- Trasteel International SA, Italy
- GVK Power & Infra Limited - India
- New Zealand Coal & Carbon
- Leighton Contractors Pty Ltd - Australia
- Directorate General of MIneral and Coal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Manunggal Multi Energi - Indonesia
- India Bulls Power Limited - India
- London Commodity Brokers - England
- Romanian Commodities Exchange
- Cigading International Bulk Terminal - Indonesia
- Baramulti Group, Indonesia
- Energy Link Ltd, New Zealand
- Africa Commodities Group - South Africa
- Australian Commodity Traders Exchange
- Karaikal Port Pvt Ltd - India
- Central Electricity Authority - India
- Savvy Resources Ltd - HongKong
- White Energy Company Limited
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