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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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Thursday, 08 April 10
INDONESIAN ENERGY MINISTRY SEEKS LONGER MINING CONTRACTS - THE JAKARTAGLOBE
The Jakarta Globe reported that, Energy Minister Darwin Zahedy Saleh said he would seek to amend the mining law to address investors’ complain ...
Thursday, 08 April 10
NAPOCOR GETS ONE OFFER AT COAL TENDER - ABS CBN
ABS- CBN News reported that, Philippine power producer National Power Corp. (Napocor) is likely to buy 50,000 tons of steam coal from PT Berau Coal ...
Wednesday, 07 April 10
DRY BULK MARKET LOOKING FOR DIRECTION
The dry bulk market has kept a low profile during the past week, as evidenced by the small changes of a usually rather turbulent Baltic Dry Index (B ...
Tuesday, 06 April 10
NEWCASTLE COAL EXPORTS RISE 24%, SHIP QUEUE SHORTENS - BLOOMBERG
Bloomberg reported that, Coal shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel used in power st ...
Tuesday, 06 April 10
UAE STEEL TRADERS FEAR LOSSES ON GLOBAL HIKE
A sudden spurt in the price of iron ore in the international market has caught local steel traders and manufacturers and a host of other steel-depen ...
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- Bharathi Cement Corporation - India
- Georgia Ports Authority, United States
- Malabar Cements Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Iligan Light & Power Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- Planning Commission, India
- India Bulls Power Limited - India
- Commonwealth Bank - Australia
- Borneo Indobara - Indonesia
- Minerals Council of Australia
- Vedanta Resources Plc - India
- Banpu Public Company Limited - Thailand
- Salva Resources Pvt Ltd - India
- PTC India Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Bukit Makmur.PT - Indonesia
- Chettinad Cement Corporation Ltd - India
- Kumho Petrochemical, South Korea
- Mercuria Energy - Indonesia
- GVK Power & Infra Limited - India
- Eastern Coal Council - USA
- Cement Manufacturers Association - India
- Anglo American - United Kingdom
- Australian Commodity Traders Exchange
- Mintek Dendrill Indonesia
- Wood Mackenzie - Singapore
- Eastern Energy - Thailand
- Semirara Mining Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- McConnell Dowell - Australia
- Manunggal Multi Energi - Indonesia
- Heidelberg Cement - Germany
- Ministry of Finance - Indonesia
- Electricity Generating Authority of Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Jaiprakash Power Ventures ltd
- Baramulti Group, Indonesia
- Madhucon Powers Ltd - India
- SMG Consultants - Indonesia
- Sakthi Sugars Limited - India
- Karaikal Port Pvt Ltd - India
- Aditya Birla Group - India
- Therma Luzon, Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Indian Energy Exchange, India
- Larsen & Toubro Limited - India
- Ambuja Cements Ltd - India
- Global Green Power PLC Corporation, Philippines
- Indonesian Coal Mining Association
- Sojitz Corporation - Japan
- London Commodity Brokers - England
- Cigading International Bulk Terminal - Indonesia
- Vizag Seaport Private Limited - India
- Agrawal Coal Company - India
- Rashtriya Ispat Nigam Limited - India
- Jindal Steel & Power Ltd - India
- Kartika Selabumi Mining - Indonesia
- Straits Asia Resources Limited - Singapore
- ICICI Bank Limited - India
- Toyota Tsusho Corporation, Japan
- Kaltim Prima Coal - Indonesia
- Kobexindo Tractors - Indoneisa
- Xindia Steels Limited - India
- SN Aboitiz Power Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Sindya Power Generating Company Private Ltd
- European Bulk Services B.V. - Netherlands
- Bhoruka Overseas - Indonesia
- The University of Queensland
- LBH Netherlands Bv - Netherlands
- Metalloyd Limited - United Kingdom
- Coal and Oil Company - UAE
- Siam City Cement - Thailand
- Deloitte Consulting - India
- Pipit Mutiara Jaya. PT, Indonesia
- Holcim Trading Pte Ltd - Singapore
- Grasim Industreis Ltd - India
- Savvy Resources Ltd - HongKong
- GMR Energy Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Africa Commodities Group - South Africa
- Indogreen Group - Indonesia
- Pendopo Energi Batubara - Indonesia
- Globalindo Alam Lestari - Indonesia
- IEA Clean Coal Centre - UK
- The Treasury - Australian Government
- Trasteel International SA, Italy
- Binh Thuan Hamico - Vietnam
- Economic Council, Georgia
- Indika Energy - Indonesia
- Indian Oil Corporation Limited
- Neyveli Lignite Corporation Ltd, - India
- SMC Global Power, Philippines
- Aboitiz Power Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- VISA Power Limited - India
- Energy Development Corp, Philippines
- Edison Trading Spa - Italy
- Kalimantan Lumbung Energi - Indonesia
- Star Paper Mills Limited - India
- GAC Shipping (India) Pvt Ltd
- Wilmar Investment Holdings
- Bank of Tokyo Mitsubishi UFJ Ltd
- IHS Mccloskey Coal Group - USA
- White Energy Company Limited
- Directorate General of MIneral and Coal - Indonesia
- Rio Tinto Coal - Australia
- Central Java Power - Indonesia
- Goldman Sachs - Singapore
- Riau Bara Harum - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Dalmia Cement Bharat India
- CNBM International Corporation - China
- Singapore Mercantile Exchange
- Global Coal Blending Company Limited - Australia
- Samtan Co., Ltd - South Korea
- Gujarat Sidhee Cement - India
- Billiton Holdings Pty Ltd - Australia
- Posco Energy - South Korea
- MS Steel International - UAE
- Romanian Commodities Exchange
- Central Electricity Authority - India
- Bulk Trading Sa - Switzerland
- PowerSource Philippines DevCo
- Tamil Nadu electricity Board
- Thai Mozambique Logistica
- Krishnapatnam Port Company Ltd. - India
- Australian Coal Association
- Bayan Resources Tbk. - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Power Finance Corporation Ltd., India
- Standard Chartered Bank - UAE
- San Jose City I Power Corp, Philippines
- Altura Mining Limited, Indonesia
- Meralco Power Generation, Philippines
- The State Trading Corporation of India Ltd
- Merrill Lynch Commodities Europe
- Mercator Lines Limited - India
- International Coal Ventures Pvt Ltd - India
- Bhatia International Limited - India
- Antam Resourcindo - Indonesia
- Directorate Of Revenue Intelligence - India
- Makarim & Taira - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Renaissance Capital - South Africa
- Latin American Coal - Colombia
- Port Waratah Coal Services - Australia
- Medco Energi Mining Internasional
- Vijayanagar Sugar Pvt Ltd - India
- Electricity Authority, New Zealand
- Meenaskhi Energy Private Limited - India
- OPG Power Generation Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhushan Steel Limited - India
- Independent Power Producers Association of India
- Marubeni Corporation - India
- TeaM Sual Corporation - Philippines
- Sinarmas Energy and Mining - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Barasentosa Lestari - Indonesia
- Kideco Jaya Agung - Indonesia
- Sical Logistics Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Orica Mining Services - Indonesia
- Maheswari Brothers Coal Limited - India
- Intertek Mineral Services - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Petron Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Uttam Galva Steels Limited - India
- Carbofer General Trading SA - India
- Gujarat Electricity Regulatory Commission - India
- Price Waterhouse Coopers - Russia
- Bukit Asam (Persero) Tbk - Indonesia
- Coastal Gujarat Power Limited - India
- Tata Chemicals Ltd - India
- Sree Jayajothi Cements Limited - India
- Bangladesh Power Developement Board
- Ministry of Mines - Canada
- Oldendorff Carriers - Singapore
- Ind-Barath Power Infra Limited - India
- South Luzon Thermal Energy Corporation
- Chamber of Mines of South Africa
- GN Power Mariveles Coal Plant, Philippines
- Parry Sugars Refinery, India
- Global Business Power Corporation, Philippines
- Interocean Group of Companies - India
- Bahari Cakrawala Sebuku - Indonesia
- PNOC Exploration Corporation - Philippines
- Miang Besar Coal Terminal - Indonesia
- Parliament of New Zealand
- Ministry of Transport, Egypt
- Simpson Spence & Young - Indonesia
- Formosa Plastics Group - Taiwan
- Lanco Infratech Ltd - India
- Videocon Industries ltd - India
- Attock Cement Pakistan Limited
- PetroVietnam Power Coal Import and Supply Company
- Coalindo Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Kepco SPC Power Corporation, Philippines
- Mjunction Services Limited - India
- New Zealand Coal & Carbon
- Energy Link Ltd, New Zealand
- CIMB Investment Bank - Malaysia
- ASAPP Information Group - India
- Timah Investasi Mineral - Indoneisa
- Siam City Cement PLC, Thailand
- Sarangani Energy Corporation, Philippines
- Thiess Contractors Indonesia
- Orica Australia Pty. Ltd.
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