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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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Saturday, 17 July 10
BULLISH OUTLOOK FOR COKING COAL - MINING MX & HELLENIC SHIPPING
Mining Mx reported that, the coking coal market has better long-term fundamentals than the iron ore market, according to a recent research rep ...
Friday, 16 July 10
CHINA EXPORTS 10.14 MILLION TONNES OF COAL IN H1 OF 2010
China exported 10.14 million tonnes of coal in the first half of this year, down 13.1% compared with the corresponding period of last year, accordin ...
Thursday, 15 July 10
SMC TO PURSUE MINDANAO COAL MINING PROJECTS
Philippine Daily Inquirer reported that, DIVERSIFYING CONGLOMERATE San Miguel Corp. is inclined to pursue its coal mining projects in Mindanao ...
Thursday, 15 July 10
ADANI ENTERPRISES WILL BUY $1 BILLION COAL MINE FROM LINC ENERGY - TOP NEWS
Top News reported that, Adani Enterprises has almost managed to obtain a coal mine from Linc Energy for $1 billion in Queensland, Australia. This mi ...
Thursday, 15 July 10
ADANI TO DEVELOP COAL EXPORT TERMINAL IN AUSTRALIA - BUSINESS STANDARD
Business-Standard reported that, The Adani Group, promoter of Mundra Port and Special Economic Zone (MPSEZ), today said it has been selected as the ...
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- Metalloyd Limited - United Kingdom
- Trasteel International SA, Italy
- Wilmar Investment Holdings
- Sical Logistics Limited - India
- Georgia Ports Authority, United States
- Madhucon Powers Ltd - India
- Semirara Mining and Power Corporation, Philippines
- MS Steel International - UAE
- The State Trading Corporation of India Ltd
- Aboitiz Power Corporation - Philippines
- Baramulti Group, Indonesia
- GVK Power & Infra Limited - India
- VISA Power Limited - India
- Vizag Seaport Private Limited - India
- Indian Energy Exchange, India
- PetroVietnam Power Coal Import and Supply Company
- Miang Besar Coal Terminal - Indonesia
- Kartika Selabumi Mining - Indonesia
- IHS Mccloskey Coal Group - USA
- Bayan Resources Tbk. - Indonesia
- Kaltim Prima Coal - Indonesia
- Pendopo Energi Batubara - Indonesia
- Renaissance Capital - South Africa
- Holcim Trading Pte Ltd - Singapore
- Larsen & Toubro Limited - India
- Salva Resources Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- White Energy Company Limited
- Bangladesh Power Developement Board
- Bhushan Steel Limited - India
- Port Waratah Coal Services - Australia
- Eastern Coal Council - USA
- LBH Netherlands Bv - Netherlands
- South Luzon Thermal Energy Corporation
- CNBM International Corporation - China
- Bhoruka Overseas - Indonesia
- SN Aboitiz Power Inc, Philippines
- McConnell Dowell - Australia
- Carbofer General Trading SA - India
- London Commodity Brokers - England
- Binh Thuan Hamico - Vietnam
- Interocean Group of Companies - India
- Bhatia International Limited - India
- Sinarmas Energy and Mining - Indonesia
- Directorate Of Revenue Intelligence - India
- San Jose City I Power Corp, Philippines
- PNOC Exploration Corporation - Philippines
- Coastal Gujarat Power Limited - India
- OPG Power Generation Pvt Ltd - India
- Tamil Nadu electricity Board
- Oldendorff Carriers - Singapore
- New Zealand Coal & Carbon
- Straits Asia Resources Limited - Singapore
- Iligan Light & Power Inc, Philippines
- Grasim Industreis Ltd - India
- Siam City Cement - Thailand
- Ministry of Transport, Egypt
- Toyota Tsusho Corporation, Japan
- Kohat Cement Company Ltd. - Pakistan
- Billiton Holdings Pty Ltd - Australia
- Alfred C Toepfer International GmbH - Germany
- Bukit Baiduri Energy - Indonesia
- GMR Energy Limited - India
- Antam Resourcindo - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Leighton Contractors Pty Ltd - Australia
- Independent Power Producers Association of India
- PowerSource Philippines DevCo
- ASAPP Information Group - India
- Ministry of Mines - Canada
- PTC India Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Power Finance Corporation Ltd., India
- SMC Global Power, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Globalindo Alam Lestari - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Commonwealth Bank - Australia
- Electricity Generating Authority of Thailand
- GAC Shipping (India) Pvt Ltd
- ICICI Bank Limited - India
- Kumho Petrochemical, South Korea
- Siam City Cement PLC, Thailand
- Gujarat Sidhee Cement - India
- Attock Cement Pakistan Limited
- Indonesian Coal Mining Association
- Ind-Barath Power Infra Limited - India
- Borneo Indobara - Indonesia
- Simpson Spence & Young - Indonesia
- Standard Chartered Bank - UAE
- TeaM Sual Corporation - Philippines
- Orica Australia Pty. Ltd.
- TNB Fuel Sdn Bhd - Malaysia
- Global Business Power Corporation, Philippines
- Sojitz Corporation - Japan
- Tata Chemicals Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Jaiprakash Power Ventures ltd
- Parliament of New Zealand
- Posco Energy - South Korea
- Semirara Mining Corp, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Rio Tinto Coal - Australia
- Krishnapatnam Port Company Ltd. - India
- Rashtriya Ispat Nigam Limited - India
- Samtan Co., Ltd - South Korea
- Parry Sugars Refinery, India
- Agrawal Coal Company - India
- Minerals Council of Australia
- Heidelberg Cement - Germany
- Global Green Power PLC Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Makarim & Taira - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Edison Trading Spa - Italy
- Meralco Power Generation, Philippines
- Merrill Lynch Commodities Europe
- European Bulk Services B.V. - Netherlands
- Marubeni Corporation - India
- Kepco SPC Power Corporation, Philippines
- Mercuria Energy - Indonesia
- Electricity Authority, New Zealand
- Energy Link Ltd, New Zealand
- Indika Energy - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Bulk Trading Sa - Switzerland
- Maheswari Brothers Coal Limited - India
- Anglo American - United Kingdom
- Romanian Commodities Exchange
- GN Power Mariveles Coal Plant, Philippines
- Intertek Mineral Services - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- IEA Clean Coal Centre - UK
- CIMB Investment Bank - Malaysia
- Essar Steel Hazira Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Aditya Birla Group - India
- Orica Mining Services - Indonesia
- Central Electricity Authority - India
- Timah Investasi Mineral - Indoneisa
- Therma Luzon, Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Wood Mackenzie - Singapore
- Central Java Power - Indonesia
- Economic Council, Georgia
- Chamber of Mines of South Africa
- Sarangani Energy Corporation, Philippines
- Petron Corporation, Philippines
- Star Paper Mills Limited - India
- Videocon Industries ltd - India
- Singapore Mercantile Exchange
- India Bulls Power Limited - India
- Gujarat Electricity Regulatory Commission - India
- Sindya Power Generating Company Private Ltd
- Lanco Infratech Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Medco Energi Mining Internasional
- Indo Tambangraya Megah - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Mercator Lines Limited - India
- Thai Mozambique Logistica
- Cement Manufacturers Association - India
- Sakthi Sugars Limited - India
- Jindal Steel & Power Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Altura Mining Limited, Indonesia
- Mintek Dendrill Indonesia
- The Treasury - Australian Government
- The University of Queensland
- Uttam Galva Steels Limited - India
- Latin American Coal - Colombia
- Vedanta Resources Plc - India
- Goldman Sachs - Singapore
- Kideco Jaya Agung - Indonesia
- Australian Coal Association
- Ambuja Cements Ltd - India
- Indian Oil Corporation Limited
- Energy Development Corp, Philippines
- Bukit Makmur.PT - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Savvy Resources Ltd - HongKong
- Bharathi Cement Corporation - India
- Africa Commodities Group - South Africa
- Kalimantan Lumbung Energi - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Meenaskhi Energy Private Limited - India
- Xindia Steels Limited - India
- Global Coal Blending Company Limited - Australia
- Formosa Plastics Group - Taiwan
- Banpu Public Company Limited - Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Price Waterhouse Coopers - Russia
- SMG Consultants - Indonesia
- Coalindo Energy - Indonesia
- Deloitte Consulting - India
- Coal and Oil Company - UAE
- Australian Commodity Traders Exchange
- Manunggal Multi Energi - Indonesia
- Riau Bara Harum - Indonesia
- Ministry of Finance - Indonesia
- Thiess Contractors Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Dalmia Cement Bharat India
- International Coal Ventures Pvt Ltd - India
- Malabar Cements Ltd - India
- Barasentosa Lestari - Indonesia
- Eastern Energy - Thailand
- Indogreen Group - Indonesia
- Mjunction Services Limited - India
- Cigading International Bulk Terminal - Indonesia
- Karaikal Port Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Planning Commission, India
- Jorong Barutama Greston.PT - Indonesia
- Karbindo Abesyapradhi - Indoneisa
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