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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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Sunday, 16 May 10
INDIKA ENERGY & COAL ASSETS EXPANSION
Insider stories reported that, PT Indika Energy Tbk (INDY) has three portfolio coal assets, PT Kideco Jaya Agung, coal asset in East Kalimanta ...
Saturday, 15 May 10
THE AVERAGE CHARTER HIRE FOR CAPE REACHES US$ 49,931 PER DAY - VISTAAR SINGAPORE
COALspot.com: "The freight market was extremely buoyant this week with BDI almost up by 9 pct and the market was very firm in Feast/SE Asia sec ...
Saturday, 15 May 10
DRY BULK MARKET POSTS HEALTHY WEEKLY GAINS
The dry bulk market has reached new highs this week, the second consecutive solid one, with the industry’s benchmark, the Baltic Dry Index (BD ...
Friday, 14 May 10
JSW BUYS COAL MINES IN US, PRODUCTION STARTS IN SEPT
JSW Steel on Friday said it has completed $100 million acquisition of coking coal assets in the US and will start production from September to parti ...
Friday, 14 May 10
KANGAROO RESOURCES TO ACQUIRE INDONESIAN COAL PROJECTS - PROACTIVE INVESTORS
Proactive Investors reported that, Kangaroo Resources (ASX: KRL) is preparing to complete the acquisition of its five outstanding Indonesian coal pr ...
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- Kideco Jaya Agung - Indonesia
- Kobexindo Tractors - Indoneisa
- Central Java Power - Indonesia
- GMR Energy Limited - India
- Eastern Energy - Thailand
- Sree Jayajothi Cements Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Central Electricity Authority - India
- Intertek Mineral Services - Indonesia
- Directorate Of Revenue Intelligence - India
- Global Coal Blending Company Limited - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Siam City Cement PLC, Thailand
- Indonesian Coal Mining Association
- Price Waterhouse Coopers - Russia
- Aboitiz Power Corporation - Philippines
- Oldendorff Carriers - Singapore
- Mercuria Energy - Indonesia
- Anglo American - United Kingdom
- Wood Mackenzie - Singapore
- Formosa Plastics Group - Taiwan
- White Energy Company Limited
- SMC Global Power, Philippines
- Economic Council, Georgia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Pendopo Energi Batubara - Indonesia
- ASAPP Information Group - India
- Medco Energi Mining Internasional
- Lanco Infratech Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Gujarat Sidhee Cement - India
- Heidelberg Cement - Germany
- Mintek Dendrill Indonesia
- Bukit Makmur.PT - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Directorate General of MIneral and Coal - Indonesia
- Sojitz Corporation - Japan
- Sakthi Sugars Limited - India
- Iligan Light & Power Inc, Philippines
- Indika Energy - Indonesia
- PTC India Limited - India
- Riau Bara Harum - Indonesia
- Romanian Commodities Exchange
- Kohat Cement Company Ltd. - Pakistan
- VISA Power Limited - India
- Independent Power Producers Association of India
- The State Trading Corporation of India Ltd
- IHS Mccloskey Coal Group - USA
- Trasteel International SA, Italy
- Essar Steel Hazira Ltd - India
- Thai Mozambique Logistica
- Antam Resourcindo - Indonesia
- Meralco Power Generation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Indian Oil Corporation Limited
- Sinarmas Energy and Mining - Indonesia
- Globalindo Alam Lestari - Indonesia
- Commonwealth Bank - Australia
- Interocean Group of Companies - India
- Georgia Ports Authority, United States
- Gujarat Electricity Regulatory Commission - India
- Xindia Steels Limited - India
- LBH Netherlands Bv - Netherlands
- Simpson Spence & Young - Indonesia
- Africa Commodities Group - South Africa
- Parliament of New Zealand
- Electricity Generating Authority of Thailand
- Orica Australia Pty. Ltd.
- Savvy Resources Ltd - HongKong
- OPG Power Generation Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Parry Sugars Refinery, India
- Energy Link Ltd, New Zealand
- Karbindo Abesyapradhi - Indoneisa
- Leighton Contractors Pty Ltd - Australia
- Larsen & Toubro Limited - India
- Baramulti Group, Indonesia
- Karaikal Port Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Borneo Indobara - Indonesia
- Agrawal Coal Company - India
- Vedanta Resources Plc - India
- Port Waratah Coal Services - Australia
- Edison Trading Spa - Italy
- Altura Mining Limited, Indonesia
- Wilmar Investment Holdings
- Madhucon Powers Ltd - India
- International Coal Ventures Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Petron Corporation, Philippines
- Mjunction Services Limited - India
- Tamil Nadu electricity Board
- Australian Commodity Traders Exchange
- GN Power Mariveles Coal Plant, Philippines
- Semirara Mining Corp, Philippines
- Attock Cement Pakistan Limited
- San Jose City I Power Corp, Philippines
- Malabar Cements Ltd - India
- Siam City Cement - Thailand
- Metalloyd Limited - United Kingdom
- Videocon Industries ltd - India
- Straits Asia Resources Limited - Singapore
- Salva Resources Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- New Zealand Coal & Carbon
- Mercator Lines Limited - India
- CNBM International Corporation - China
- Australian Coal Association
- Standard Chartered Bank - UAE
- Billiton Holdings Pty Ltd - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indian Energy Exchange, India
- Sical Logistics Limited - India
- European Bulk Services B.V. - Netherlands
- The University of Queensland
- Bhushan Steel Limited - India
- MS Steel International - UAE
- Rashtriya Ispat Nigam Limited - India
- Deloitte Consulting - India
- Ceylon Electricity Board - Sri Lanka
- Bhatia International Limited - India
- Timah Investasi Mineral - Indoneisa
- Jaiprakash Power Ventures ltd
- Binh Thuan Hamico - Vietnam
- PowerSource Philippines DevCo
- Kartika Selabumi Mining - Indonesia
- Carbofer General Trading SA - India
- Dalmia Cement Bharat India
- Bangladesh Power Developement Board
- Maharashtra Electricity Regulatory Commission - India
- Meenaskhi Energy Private Limited - India
- Miang Besar Coal Terminal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Cement Manufacturers Association - India
- Bulk Trading Sa - Switzerland
- Power Finance Corporation Ltd., India
- Jorong Barutama Greston.PT - Indonesia
- Thiess Contractors Indonesia
- Bharathi Cement Corporation - India
- Barasentosa Lestari - Indonesia
- Indogreen Group - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Latin American Coal - Colombia
- Kaltim Prima Coal - Indonesia
- Global Business Power Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Aditya Birla Group - India
- Ind-Barath Power Infra Limited - India
- GVK Power & Infra Limited - India
- Minerals Council of Australia
- Gujarat Mineral Development Corp Ltd - India
- Kumho Petrochemical, South Korea
- Jindal Steel & Power Ltd - India
- GAC Shipping (India) Pvt Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Energy Development Corp, Philippines
- Vizag Seaport Private Limited - India
- Marubeni Corporation - India
- McConnell Dowell - Australia
- Chamber of Mines of South Africa
- Maheswari Brothers Coal Limited - India
- AsiaOL BioFuels Corp., Philippines
- Rio Tinto Coal - Australia
- Indo Tambangraya Megah - Indonesia
- Ministry of Finance - Indonesia
- IEA Clean Coal Centre - UK
- Renaissance Capital - South Africa
- India Bulls Power Limited - India
- Uttam Galva Steels Limited - India
- Orica Mining Services - Indonesia
- Samtan Co., Ltd - South Korea
- Goldman Sachs - Singapore
- Singapore Mercantile Exchange
- Toyota Tsusho Corporation, Japan
- Coal and Oil Company - UAE
- Posco Energy - South Korea
- SMG Consultants - Indonesia
- Chettinad Cement Corporation Ltd - India
- Kepco SPC Power Corporation, Philippines
- Grasim Industreis Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Planning Commission, India
- Banpu Public Company Limited - Thailand
- Sarangani Energy Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- TeaM Sual Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- Bayan Resources Tbk. - Indonesia
- Bhoruka Overseas - Indonesia
- ICICI Bank Limited - India
- London Commodity Brokers - England
- Bukit Baiduri Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Therma Luzon, Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Asam (Persero) Tbk - Indonesia
- Coalindo Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Tata Chemicals Ltd - India
- Eastern Coal Council - USA
- South Luzon Thermal Energy Corporation
- PNOC Exploration Corporation - Philippines
- Ministry of Mines - Canada
- Pipit Mutiara Jaya. PT, Indonesia
- Ambuja Cements Ltd - India
- Makarim & Taira - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Cigading International Bulk Terminal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Electricity Authority, New Zealand
- Merrill Lynch Commodities Europe
- Manunggal Multi Energi - Indonesia
- Ministry of Transport, Egypt
- The Treasury - Australian Government
- Star Paper Mills Limited - India
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