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Monday, 15 February 10
PVT ENTRY IN COAL MINING TO BE DELAYED
Entry of private players in coal mining will be delayed. Contrary to expectations, the coal ministry will not move in the Budget session a bill that would allow auctioning of coal mines to companies without the restriction of captive use.
The postponement comes in the wake of a decision taken by the PM’s Energy Coordination Committee that the bill should be moved only after a consensus is arrived. The committee had taken the decision after the bill was stalled in the face of stiff opposition from trade unions.
The government had asked a ministerial panel under finance minister’s chairmanship to examine the matter and ordered the Planning Commission to prepare a report. The panel has to make specific recommendations on policy measures on exploration and mining of coal.
But in the Budget season, the bill has taken a back seat. The bill has been hanging fire since 2000 when it was moved in the Rajya Sabha. It was cleared by the standing committee in 2001 but no progress was made in the face of stiff opposition from trade unions. At present, private industries are allowed a role in coal mining only for captive use.
The coal ministry has been proposing to opt for a lumpsum payment route for auctioning coal blocks, instead of royalty and profit-share system being followed in case of handing out oil or gas concessions. The bid amount will be realised in instalments over 10 years. Bidders will be asked to make their offer above the floor price worked out on the basis of the government’s estimate of coal reserves in a block.
On June 20 last year, TOI first reported that the ministry was moving to set up a regulator in six months or so before opening up coal mining to private players through the open bidding system.
Source : Times of India
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Monday, 02 August 10
DRY BULK MARKET NEEDS TO FIND ADDITIONAL SUPPORT IN AUGUST
The dry bulk market ended another week of rebounding, posting on Friday its 11th straight rise. Still, as analysts point out the rate of this rise h ...
Monday, 02 August 10
LINC, ADANI COMPLETE THEIR COAL CONNECTION
"THE much-speculated deal between underground coal gasification company Linc Energy and India's Adani Enterprises is set to be signed tomorrow ...
Saturday, 31 July 10
TABONEO ANCHORAGE TO LOAD 1.5 MLN TON OR MORE COAL IN H1 AUGUST
COALspot.com: Eighty five ocean going vessels and barges have been nominated by coal buyers to their respective suppliers in Indonesia to load about ...
Saturday, 31 July 10
SEEMS THE FREIGHT MARKET WOULD BE FAIRLY STABLE FOR H2 2010 - VISTAAR
COALspot.com: The BDI continued moving up since 16th July and rise by 14 pct almost touching 2000 points.
The BDI was up by 7.72 pct last week wh ...
Friday, 30 July 10
DRY BULK MARKET BACK ON THE ROAD TO RECOVERY
Freight rates for dry bulk carriers have continued to edge higher this week, with the industry’s main benchmark, the Baltic Dry Index (BDI) ga ...
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- Interocean Group of Companies - India
- Essar Steel Hazira Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Miang Besar Coal Terminal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- The State Trading Corporation of India Ltd
- Metalloyd Limited - United Kingdom
- Kepco SPC Power Corporation, Philippines
- Bhushan Steel Limited - India
- Eastern Coal Council - USA
- Antam Resourcindo - Indonesia
- Deloitte Consulting - India
- Ministry of Mines - Canada
- PetroVietnam Power Coal Import and Supply Company
- Pendopo Energi Batubara - Indonesia
- Indian Energy Exchange, India
- Heidelberg Cement - Germany
- Orica Australia Pty. Ltd.
- Billiton Holdings Pty Ltd - Australia
- Semirara Mining Corp, Philippines
- Agrawal Coal Company - India
- Electricity Generating Authority of Thailand
- Carbofer General Trading SA - India
- Kaltim Prima Coal - Indonesia
- Tamil Nadu electricity Board
- Latin American Coal - Colombia
- TeaM Sual Corporation - Philippines
- PowerSource Philippines DevCo
- Aditya Birla Group - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The Treasury - Australian Government
- Parliament of New Zealand
- Coal and Oil Company - UAE
- Xindia Steels Limited - India
- GMR Energy Limited - India
- Rashtriya Ispat Nigam Limited - India
- Borneo Indobara - Indonesia
- Altura Mining Limited, Indonesia
- Wilmar Investment Holdings
- Straits Asia Resources Limited - Singapore
- PTC India Limited - India
- Gujarat Electricity Regulatory Commission - India
- Bhoruka Overseas - Indonesia
- Ind-Barath Power Infra Limited - India
- Cigading International Bulk Terminal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Riau Bara Harum - Indonesia
- Global Green Power PLC Corporation, Philippines
- Energy Link Ltd, New Zealand
- GVK Power & Infra Limited - India
- Global Business Power Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Madhucon Powers Ltd - India
- Holcim Trading Pte Ltd - Singapore
- European Bulk Services B.V. - Netherlands
- Anglo American - United Kingdom
- Salva Resources Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Gujarat Sidhee Cement - India
- Economic Council, Georgia
- Toyota Tsusho Corporation, Japan
- Sinarmas Energy and Mining - Indonesia
- Aboitiz Power Corporation - Philippines
- Larsen & Toubro Limited - India
- Siam City Cement - Thailand
- McConnell Dowell - Australia
- Global Coal Blending Company Limited - Australia
- Africa Commodities Group - South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- SMC Global Power, Philippines
- Bhatia International Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Directorate Of Revenue Intelligence - India
- Minerals Council of Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Port Waratah Coal Services - Australia
- Maharashtra Electricity Regulatory Commission - India
- Barasentosa Lestari - Indonesia
- Edison Trading Spa - Italy
- Kideco Jaya Agung - Indonesia
- Sarangani Energy Corporation, Philippines
- Mercator Lines Limited - India
- Ministry of Finance - Indonesia
- Energy Development Corp, Philippines
- Rio Tinto Coal - Australia
- Grasim Industreis Ltd - India
- LBH Netherlands Bv - Netherlands
- South Luzon Thermal Energy Corporation
- Petron Corporation, Philippines
- Merrill Lynch Commodities Europe
- Bharathi Cement Corporation - India
- Iligan Light & Power Inc, Philippines
- SMG Consultants - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Maheswari Brothers Coal Limited - India
- Bangladesh Power Developement Board
- SN Aboitiz Power Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Singapore Mercantile Exchange
- CIMB Investment Bank - Malaysia
- Oldendorff Carriers - Singapore
- Mjunction Services Limited - India
- Savvy Resources Ltd - HongKong
- Jorong Barutama Greston.PT - Indonesia
- Chettinad Cement Corporation Ltd - India
- Posco Energy - South Korea
- Bukit Baiduri Energy - Indonesia
- CNBM International Corporation - China
- Kumho Petrochemical, South Korea
- PNOC Exploration Corporation - Philippines
- Asmin Koalindo Tuhup - Indonesia
- VISA Power Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Renaissance Capital - South Africa
- Electricity Authority, New Zealand
- Directorate General of MIneral and Coal - Indonesia
- Ambuja Cements Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Kobexindo Tractors - Indoneisa
- Planning Commission, India
- Bukit Asam (Persero) Tbk - Indonesia
- Thai Mozambique Logistica
- Australian Coal Association
- Orica Mining Services - Indonesia
- Sojitz Corporation - Japan
- Manunggal Multi Energi - Indonesia
- Meralco Power Generation, Philippines
- ICICI Bank Limited - India
- MS Steel International - UAE
- Sakthi Sugars Limited - India
- Bayan Resources Tbk. - Indonesia
- Lanco Infratech Ltd - India
- Jindal Steel & Power Ltd - India
- Samtan Co., Ltd - South Korea
- Baramulti Group, Indonesia
- Cement Manufacturers Association - India
- Kartika Selabumi Mining - Indonesia
- Attock Cement Pakistan Limited
- Eastern Energy - Thailand
- Georgia Ports Authority, United States
- Medco Energi Mining Internasional
- OPG Power Generation Pvt Ltd - India
- Ministry of Transport, Egypt
- Goldman Sachs - Singapore
- Mercuria Energy - Indonesia
- Trasteel International SA, Italy
- Vizag Seaport Private Limited - India
- New Zealand Coal & Carbon
- Bulk Trading Sa - Switzerland
- Sree Jayajothi Cements Limited - India
- Binh Thuan Hamico - Vietnam
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Standard Chartered Bank - UAE
- London Commodity Brokers - England
- Bukit Makmur.PT - Indonesia
- Vedanta Resources Plc - India
- Central Java Power - Indonesia
- Indian Oil Corporation Limited
- Dalmia Cement Bharat India
- Jaiprakash Power Ventures ltd
- Petrochimia International Co. Ltd.- Taiwan
- IEA Clean Coal Centre - UK
- Thiess Contractors Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Indogreen Group - Indonesia
- Central Electricity Authority - India
- Coastal Gujarat Power Limited - India
- Romanian Commodities Exchange
- Independent Power Producers Association of India
- Coalindo Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Marubeni Corporation - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indo Tambangraya Megah - Indonesia
- Malabar Cements Ltd - India
- The University of Queensland
- Intertek Mineral Services - Indonesia
- Makarim & Taira - Indonesia
- Commonwealth Bank - Australia
- Timah Investasi Mineral - Indoneisa
- TNB Fuel Sdn Bhd - Malaysia
- Simpson Spence & Young - Indonesia
- Tata Chemicals Ltd - India
- Sindya Power Generating Company Private Ltd
- Indika Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- Alfred C Toepfer International GmbH - Germany
- Star Paper Mills Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Formosa Plastics Group - Taiwan
- Meenaskhi Energy Private Limited - India
- San Jose City I Power Corp, Philippines
- Therma Luzon, Inc, Philippines
- Power Finance Corporation Ltd., India
- Karaikal Port Pvt Ltd - India
- Mintek Dendrill Indonesia
- Australian Commodity Traders Exchange
- Sical Logistics Limited - India
- Uttam Galva Steels Limited - India
- White Energy Company Limited
- Indonesian Coal Mining Association
- Chamber of Mines of South Africa
- Videocon Industries ltd - India
- ASAPP Information Group - India
- IHS Mccloskey Coal Group - USA
- India Bulls Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- Wood Mackenzie - Singapore
- Siam City Cement PLC, Thailand
- Parry Sugars Refinery, India
- Banpu Public Company Limited - Thailand
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