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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, 26 January 22
MARKET INSIGHT - INTERMODAL
While it is logical that most of the S&P reports of the first weeks of the year are linked to very limited activity as reflected in the weekly ...
Wednesday, 26 January 22
INDONESIA: DME PROJECT IS ECONOMICALLY VIABLE AS STUDY DEMONSTRATES
The government is encouraging downstream coal processing or increase in coal added value, for example by turning coal into Dimethyl Ether (DME) to ...
Wednesday, 26 January 22
COMMODITY PRICES COULD SOAR IF THE RUSSIA-UKRAINE CRISIS ESCALATES - ING
It appears that a number of commodity markets are starting to at least price in some geopolitical risk around the growing tension between Russia an ...
Wednesday, 26 January 22
INDONESIA'S COAL BAN SENDS PRICES SOARING, OTHER EXPORTERS FAIL TO STEP UP - REUTERS
Indonesia’s short-lived ban on exporting coal has sent ructions through the seaborne market for the fuel in Asia, with the fallout likely to ...
Friday, 21 January 22
CHINA'S POWER TRADING TARIFFS TO RISE IN 2022 - FITCH RATINGS
Rising trading volume and higher-than-benchmark tariffs in the 2022 bilateral contracts signed between Chinese power generation companies (gencos) ...
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- Kapuas Tunggal Persada - Indonesia
- Vedanta Resources Plc - India
- Bukit Makmur.PT - Indonesia
- Bulk Trading Sa - Switzerland
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Coalindo Energy - Indonesia
- Parliament of New Zealand
- Globalindo Alam Lestari - Indonesia
- Petron Corporation, Philippines
- Energy Development Corp, Philippines
- Riau Bara Harum - Indonesia
- Karaikal Port Pvt Ltd - India
- Singapore Mercantile Exchange
- Electricity Authority, New Zealand
- OPG Power Generation Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Anglo American - United Kingdom
- Gujarat Mineral Development Corp Ltd - India
- PTC India Limited - India
- Medco Energi Mining Internasional
- Krishnapatnam Port Company Ltd. - India
- Australian Commodity Traders Exchange
- Parry Sugars Refinery, India
- Tata Chemicals Ltd - India
- Wood Mackenzie - Singapore
- Bangladesh Power Developement Board
- Holcim Trading Pte Ltd - Singapore
- Semirara Mining Corp, Philippines
- Lanco Infratech Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Marubeni Corporation - India
- Banpu Public Company Limited - Thailand
- The Treasury - Australian Government
- Videocon Industries ltd - India
- Chettinad Cement Corporation Ltd - India
- Indo Tambangraya Megah - Indonesia
- Maheswari Brothers Coal Limited - India
- Orica Mining Services - Indonesia
- Formosa Plastics Group - Taiwan
- Renaissance Capital - South Africa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Vizag Seaport Private Limited - India
- Sakthi Sugars Limited - India
- Binh Thuan Hamico - Vietnam
- Sinarmas Energy and Mining - Indonesia
- Standard Chartered Bank - UAE
- Bukit Baiduri Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Cement Manufacturers Association - India
- Australian Coal Association
- Jaiprakash Power Ventures ltd
- Gujarat Sidhee Cement - India
- Coastal Gujarat Power Limited - India
- Planning Commission, India
- Thai Mozambique Logistica
- Makarim & Taira - Indonesia
- Power Finance Corporation Ltd., India
- Bahari Cakrawala Sebuku - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Tamil Nadu electricity Board
- Uttam Galva Steels Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Siam City Cement - Thailand
- Aditya Birla Group - India
- Manunggal Multi Energi - Indonesia
- Sarangani Energy Corporation, Philippines
- Edison Trading Spa - Italy
- GAC Shipping (India) Pvt Ltd
- Indogreen Group - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Meralco Power Generation, Philippines
- Iligan Light & Power Inc, Philippines
- Sical Logistics Limited - India
- Global Business Power Corporation, Philippines
- Bhushan Steel Limited - India
- TeaM Sual Corporation - Philippines
- White Energy Company Limited
- Chamber of Mines of South Africa
- Bhoruka Overseas - Indonesia
- Borneo Indobara - Indonesia
- Dalmia Cement Bharat India
- Grasim Industreis Ltd - India
- PowerSource Philippines DevCo
- Mintek Dendrill Indonesia
- Minerals Council of Australia
- Salva Resources Pvt Ltd - India
- Madhucon Powers Ltd - India
- Electricity Generating Authority of Thailand
- TNB Fuel Sdn Bhd - Malaysia
- McConnell Dowell - Australia
- ASAPP Information Group - India
- LBH Netherlands Bv - Netherlands
- International Coal Ventures Pvt Ltd - India
- Sojitz Corporation - Japan
- Leighton Contractors Pty Ltd - Australia
- Carbofer General Trading SA - India
- Antam Resourcindo - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- European Bulk Services B.V. - Netherlands
- GVK Power & Infra Limited - India
- Romanian Commodities Exchange
- Heidelberg Cement - Germany
- Coal and Oil Company - UAE
- Timah Investasi Mineral - Indoneisa
- PetroVietnam Power Coal Import and Supply Company
- Eastern Coal Council - USA
- IEA Clean Coal Centre - UK
- Straits Asia Resources Limited - Singapore
- Toyota Tsusho Corporation, Japan
- Port Waratah Coal Services - Australia
- Directorate General of MIneral and Coal - Indonesia
- Central Electricity Authority - India
- IHS Mccloskey Coal Group - USA
- Vijayanagar Sugar Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Ceylon Electricity Board - Sri Lanka
- Asmin Koalindo Tuhup - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Alfred C Toepfer International GmbH - Germany
- Meenaskhi Energy Private Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Jindal Steel & Power Ltd - India
- Eastern Energy - Thailand
- Pendopo Energi Batubara - Indonesia
- Larsen & Toubro Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Interocean Group of Companies - India
- Intertek Mineral Services - Indonesia
- The University of Queensland
- Neyveli Lignite Corporation Ltd, - India
- Sree Jayajothi Cements Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- GMR Energy Limited - India
- Indonesian Coal Mining Association
- Goldman Sachs - Singapore
- Ambuja Cements Ltd - India
- SMC Global Power, Philippines
- Energy Link Ltd, New Zealand
- Semirara Mining and Power Corporation, Philippines
- India Bulls Power Limited - India
- Ministry of Finance - Indonesia
- Indian Energy Exchange, India
- Indika Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Deloitte Consulting - India
- Global Coal Blending Company Limited - Australia
- Central Java Power - Indonesia
- Essar Steel Hazira Ltd - India
- New Zealand Coal & Carbon
- Aboitiz Power Corporation - Philippines
- Georgia Ports Authority, United States
- Latin American Coal - Colombia
- Savvy Resources Ltd - HongKong
- Rio Tinto Coal - Australia
- AsiaOL BioFuels Corp., Philippines
- MS Steel International - UAE
- Sindya Power Generating Company Private Ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Kumho Petrochemical, South Korea
- Price Waterhouse Coopers - Russia
- Commonwealth Bank - Australia
- Attock Cement Pakistan Limited
- VISA Power Limited - India
- Bayan Resources Tbk. - Indonesia
- Baramulti Group, Indonesia
- Ministry of Mines - Canada
- ICICI Bank Limited - India
- Oldendorff Carriers - Singapore
- Africa Commodities Group - South Africa
- South Luzon Thermal Energy Corporation
- Maharashtra Electricity Regulatory Commission - India
- Indian Oil Corporation Limited
- Simpson Spence & Young - Indonesia
- The State Trading Corporation of India Ltd
- Kohat Cement Company Ltd. - Pakistan
- Samtan Co., Ltd - South Korea
- Bhatia International Limited - India
- SN Aboitiz Power Inc, Philippines
- Ministry of Transport, Egypt
- Billiton Holdings Pty Ltd - Australia
- Rashtriya Ispat Nigam Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Star Paper Mills Limited - India
- Mercator Lines Limited - India
- Barasentosa Lestari - Indonesia
- Kideco Jaya Agung - Indonesia
- Directorate Of Revenue Intelligence - India
- Independent Power Producers Association of India
- Trasteel International SA, Italy
- Gujarat Electricity Regulatory Commission - India
- CNBM International Corporation - China
- London Commodity Brokers - England
- Bharathi Cement Corporation - India
- Mercuria Energy - Indonesia
- Posco Energy - South Korea
- Kobexindo Tractors - Indoneisa
- Mjunction Services Limited - India
- Kartika Selabumi Mining - Indonesia
- Economic Council, Georgia
- PNOC Exploration Corporation - Philippines
- Therma Luzon, Inc, Philippines
- San Jose City I Power Corp, Philippines
- Wilmar Investment Holdings
- Metalloyd Limited - United Kingdom
- Malabar Cements Ltd - India
- Siam City Cement PLC, Thailand
- Orica Australia Pty. Ltd.
- Cigading International Bulk Terminal - Indonesia
- Xindia Steels Limited - India
- SMG Consultants - Indonesia
- Global Green Power PLC Corporation, Philippines
- Thiess Contractors Indonesia
- Agrawal Coal Company - India
- Kaltim Prima Coal - Indonesia
- Merrill Lynch Commodities Europe
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