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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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Monday, 06 December 21
CHINA SETS 2022 ANNUAL THERMAL COAL PRICES AT 700 YUAN/T - MEDIA: REUTERS
China’s top economic planner has proposed to set annual thermal coal prices for 2022 at between 550 yuan and 850 yuan ($86-$133) per tonne, a ...
Thursday, 02 December 21
BUMI RECORDED US$ 666.18 MILLION AS REVENUE IN THE 3RD QUARTER, UP 13.31% YOY
PT Bumi Resources Tbk and its subsidiaries have recorded a surge in revenue in the third quarter of 2021. BUMI has recorded US$ 666.18 million as r ...
Thursday, 02 December 21
CHINA'S COAL CRUNCH IS OVER, BUT PRICES ARE STILL TOO HIGH - REUTERS
China’s coal crisis has largely been resolved with gains in both production and stockpiles sufficient to ensure power supplies over winter.
...
Wednesday, 01 December 21
2022 OUTLOOK: INDONESIAN COAL MINING - FITCH RATINGS
Fitch Ratings has a neutral outlook on the Indonesian coal sector for 2022.
Earnings generation should slow down as selling pr ...
Wednesday, 01 December 21
SUPPLY OF COAL TO POWER PLANTS IN NOV MORE THAN CONSUMPTION: JOSHI - PTI
The supply of coal to power plants in November is more than the consumption, resulting in rise in stock of dry fuel at power plants, and this trend ...
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- Offshore Bulk Terminal Pte Ltd, Singapore
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- Kohat Cement Company Ltd. - Pakistan
- Simpson Spence & Young - Indonesia
- Sree Jayajothi Cements Limited - India
- Asmin Koalindo Tuhup - Indonesia
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- Xindia Steels Limited - India
- Sarangani Energy Corporation, Philippines
- Tamil Nadu electricity Board
- Indian Energy Exchange, India
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- CIMB Investment Bank - Malaysia
- Eastern Coal Council - USA
- Indian Oil Corporation Limited
- Orica Australia Pty. Ltd.
- Tata Chemicals Ltd - India
- SN Aboitiz Power Inc, Philippines
- Energy Development Corp, Philippines
- Meralco Power Generation, Philippines
- PowerSource Philippines DevCo
- Binh Thuan Hamico - Vietnam
- Deloitte Consulting - India
- Kumho Petrochemical, South Korea
- Salva Resources Pvt Ltd - India
- Coalindo Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Romanian Commodities Exchange
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- Planning Commission, India
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- Ministry of Mines - Canada
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- Economic Council, Georgia
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- Sical Logistics Limited - India
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- Mercator Lines Limited - India
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- Pipit Mutiara Jaya. PT, Indonesia
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- Singapore Mercantile Exchange
- Interocean Group of Companies - India
- Power Finance Corporation Ltd., India
- Australian Commodity Traders Exchange
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Banpu Public Company Limited - Thailand
- Sinarmas Energy and Mining - Indonesia
- Indonesian Coal Mining Association
- Goldman Sachs - Singapore
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- Karbindo Abesyapradhi - Indoneisa
- Lanco Infratech Ltd - India
- Sakthi Sugars Limited - India
- Anglo American - United Kingdom
- IEA Clean Coal Centre - UK
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- Dalmia Cement Bharat India
- Bulk Trading Sa - Switzerland
- Therma Luzon, Inc, Philippines
- Gujarat Sidhee Cement - India
- Commonwealth Bank - Australia
- Oldendorff Carriers - Singapore
- Electricity Authority, New Zealand
- Toyota Tsusho Corporation, Japan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Leighton Contractors Pty Ltd - Australia
- Samtan Co., Ltd - South Korea
- Gujarat Electricity Regulatory Commission - India
- Bukit Baiduri Energy - Indonesia
- Medco Energi Mining Internasional
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- Mintek Dendrill Indonesia
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- Makarim & Taira - Indonesia
- Global Business Power Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Videocon Industries ltd - India
- Global Coal Blending Company Limited - Australia
- Kideco Jaya Agung - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Indo Tambangraya Megah - Indonesia
- Wilmar Investment Holdings
- Georgia Ports Authority, United States
- Kepco SPC Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Orica Mining Services - Indonesia
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- Latin American Coal - Colombia
- The State Trading Corporation of India Ltd
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- Coal and Oil Company - UAE
- Manunggal Multi Energi - Indonesia
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- Energy Link Ltd, New Zealand
- Sindya Power Generating Company Private Ltd
- White Energy Company Limited
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- Price Waterhouse Coopers - Russia
- Jindal Steel & Power Ltd - India
- Iligan Light & Power Inc, Philippines
- Vedanta Resources Plc - India
- Bhushan Steel Limited - India
- Australian Coal Association
- Parliament of New Zealand
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- Ministry of Transport, Egypt
- Bayan Resources Tbk. - Indonesia
- SMG Consultants - Indonesia
- Thai Mozambique Logistica
- Petrochimia International Co. Ltd.- Taiwan
- ICICI Bank Limited - India
- Posco Energy - South Korea
- Karaikal Port Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Siam City Cement PLC, Thailand
- International Coal Ventures Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- VISA Power Limited - India
- Port Waratah Coal Services - Australia
- Rio Tinto Coal - Australia
- OPG Power Generation Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Petron Corporation, Philippines
- Minerals Council of Australia
- Kaltim Prima Coal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Wood Mackenzie - Singapore
- Rashtriya Ispat Nigam Limited - India
- Attock Cement Pakistan Limited
- Antam Resourcindo - Indonesia
- Eastern Energy - Thailand
- Central Electricity Authority - India
- Central Java Power - Indonesia
- San Jose City I Power Corp, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Bhoruka Overseas - Indonesia
- Grasim Industreis Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Mjunction Services Limited - India
- PTC India Limited - India
- Malabar Cements Ltd - India
- Baramulti Group, Indonesia
- TeaM Sual Corporation - Philippines
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- Timah Investasi Mineral - Indoneisa
- Independent Power Producers Association of India
- Semirara Mining Corp, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Vizag Seaport Private Limited - India
- Meenaskhi Energy Private Limited - India
- Indogreen Group - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Globalindo Alam Lestari - Indonesia
- CNBM International Corporation - China
- Indika Energy - Indonesia
- The Treasury - Australian Government
- Star Paper Mills Limited - India
- Metalloyd Limited - United Kingdom
- Maheswari Brothers Coal Limited - India
- Sojitz Corporation - Japan
- MS Steel International - UAE
- Krishnapatnam Port Company Ltd. - India
- ASAPP Information Group - India
- GAC Shipping (India) Pvt Ltd
- Cement Manufacturers Association - India
- Bukit Makmur.PT - Indonesia
- Bangladesh Power Developement Board
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- Merrill Lynch Commodities Europe
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- Ambuja Cements Ltd - India
- Chamber of Mines of South Africa
- Kapuas Tunggal Persada - Indonesia
- Mercuria Energy - Indonesia
- The University of Queensland
- European Bulk Services B.V. - Netherlands
- SMC Global Power, Philippines
- Holcim Trading Pte Ltd - Singapore
- London Commodity Brokers - England
- New Zealand Coal & Carbon
- Riau Bara Harum - Indonesia
- McConnell Dowell - Australia
- Savvy Resources Ltd - HongKong
- Electricity Generating Authority of Thailand
- Formosa Plastics Group - Taiwan
- TNB Fuel Sdn Bhd - Malaysia
- Aditya Birla Group - India
- Directorate Of Revenue Intelligence - India
- Trasteel International SA, Italy
- LBH Netherlands Bv - Netherlands
- Bhatia International Limited - India
- Alfred C Toepfer International GmbH - Germany
- AsiaOL BioFuels Corp., Philippines
- Siam City Cement - Thailand
- Ministry of Finance - Indonesia
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