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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, 20 March 10
NO MAJOR CHANGES ON SUPRAMAX MARKET FOR NEXT COUPLE OF WEEKS - VISTAAR
COALspot.com: “The dry bulk freight market continued to be firm on the Panamax and Supramax and Handy size vessels”, said Capt. Reddy MD ...
Friday, 19 March 10
COAL INDIA TO HIT CAPITAL MARKETS IN JULY
India’s largest coal producer, Coal India Ltd (CIL), expects to hit the capital markets by July, company chairman Partha S. Bhattacharyya said ...
Thursday, 18 March 10
COAL IMPORTS SOAR IN NANTONG PORT OF JIANGSU PROVINCE CHINA
BloombergUTV reported that, Coal imports at Nantong Port, located in coastal China's Jiangsu Province, soared 13 times to 581,000 tonnes in the fir ...
Thursday, 18 March 10
INNER MONGOLIA TO CAP COAL OUTPUT AT 700 MLN TONS IN 2010
Alibaba / China Knowledge reported that, Inner Mongolia, China's northern border autonomous region, plans to control coal output at 700 million ton ...
Thursday, 18 March 10
THE INDIAN MARKET WAS QUIET, BUT BECAUSE OF THE TIGHT TONNAGE SITUATION STILL FIRM - FEARNLEYS AS
Handy
Activity continues to be solid in the Atlantic.
Supramax physical market is strong which pushed the BSI to a 17 month high at ...
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- Gujarat Electricity Regulatory Commission - India
- Electricity Generating Authority of Thailand
- Aboitiz Power Corporation - Philippines
- Cement Manufacturers Association - India
- Intertek Mineral Services - Indonesia
- Global Coal Blending Company Limited - Australia
- Eastern Coal Council - USA
- Vizag Seaport Private Limited - India
- Wilmar Investment Holdings
- Ministry of Mines - Canada
- Romanian Commodities Exchange
- Pendopo Energi Batubara - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Kaltim Prima Coal - Indonesia
- Simpson Spence & Young - Indonesia
- Kartika Selabumi Mining - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- European Bulk Services B.V. - Netherlands
- Jindal Steel & Power Ltd - India
- CNBM International Corporation - China
- Xindia Steels Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Bhatia International Limited - India
- ICICI Bank Limited - India
- Lanco Infratech Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Mercator Lines Limited - India
- White Energy Company Limited
- Thai Mozambique Logistica
- Baramulti Group, Indonesia
- Cigading International Bulk Terminal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Parliament of New Zealand
- GAC Shipping (India) Pvt Ltd
- Georgia Ports Authority, United States
- Asmin Koalindo Tuhup - Indonesia
- Wood Mackenzie - Singapore
- Grasim Industreis Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Port Waratah Coal Services - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Central Electricity Authority - India
- Karaikal Port Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Price Waterhouse Coopers - Russia
- Indian Energy Exchange, India
- Electricity Authority, New Zealand
- Economic Council, Georgia
- Manunggal Multi Energi - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Commonwealth Bank - Australia
- Central Java Power - Indonesia
- Bhoruka Overseas - Indonesia
- Bukit Makmur.PT - Indonesia
- Orica Mining Services - Indonesia
- Meralco Power Generation, Philippines
- SN Aboitiz Power Inc, Philippines
- Riau Bara Harum - Indonesia
- Vedanta Resources Plc - India
- Orica Australia Pty. Ltd.
- Barasentosa Lestari - Indonesia
- Sical Logistics Limited - India
- Alfred C Toepfer International GmbH - Germany
- Interocean Group of Companies - India
- Bukit Baiduri Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- VISA Power Limited - India
- Meenaskhi Energy Private Limited - India
- Energy Development Corp, Philippines
- Semirara Mining Corp, Philippines
- Mjunction Services Limited - India
- Ministry of Transport, Egypt
- Kepco SPC Power Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- International Coal Ventures Pvt Ltd - India
- Star Paper Mills Limited - India
- South Luzon Thermal Energy Corporation
- Oldendorff Carriers - Singapore
- Ministry of Finance - Indonesia
- The Treasury - Australian Government
- Petrochimia International Co. Ltd.- Taiwan
- TNB Fuel Sdn Bhd - Malaysia
- Therma Luzon, Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Ind-Barath Power Infra Limited - India
- GVK Power & Infra Limited - India
- Global Business Power Corporation, Philippines
- Australian Commodity Traders Exchange
- Africa Commodities Group - South Africa
- Jaiprakash Power Ventures ltd
- Essar Steel Hazira Ltd - India
- Straits Asia Resources Limited - Singapore
- Leighton Contractors Pty Ltd - Australia
- SMG Consultants - Indonesia
- Bharathi Cement Corporation - India
- Standard Chartered Bank - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Australian Coal Association
- Bayan Resources Tbk. - Indonesia
- London Commodity Brokers - England
- Kideco Jaya Agung - Indonesia
- Thiess Contractors Indonesia
- SMC Global Power, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Kumho Petrochemical, South Korea
- India Bulls Power Limited - India
- The University of Queensland
- Aditya Birla Group - India
- Borneo Indobara - Indonesia
- Indogreen Group - Indonesia
- PowerSource Philippines DevCo
- Bulk Trading Sa - Switzerland
- Edison Trading Spa - Italy
- Eastern Energy - Thailand
- Uttam Galva Steels Limited - India
- Billiton Holdings Pty Ltd - Australia
- Altura Mining Limited, Indonesia
- Kobexindo Tractors - Indoneisa
- Salva Resources Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- PTC India Limited - India
- LBH Netherlands Bv - Netherlands
- Power Finance Corporation Ltd., India
- Rashtriya Ispat Nigam Limited - India
- Petron Corporation, Philippines
- Agrawal Coal Company - India
- Maheswari Brothers Coal Limited - India
- Formosa Plastics Group - Taiwan
- Binh Thuan Hamico - Vietnam
- Minerals Council of Australia
- Chettinad Cement Corporation Ltd - India
- Sindya Power Generating Company Private Ltd
- Rio Tinto Coal - Australia
- Medco Energi Mining Internasional
- Ambuja Cements Ltd - India
- Singapore Mercantile Exchange
- Carbofer General Trading SA - India
- Metalloyd Limited - United Kingdom
- Planning Commission, India
- Latin American Coal - Colombia
- Dalmia Cement Bharat India
- Merrill Lynch Commodities Europe
- Ceylon Electricity Board - Sri Lanka
- San Jose City I Power Corp, Philippines
- Parry Sugars Refinery, India
- Iligan Light & Power Inc, Philippines
- Samtan Co., Ltd - South Korea
- Gujarat Mineral Development Corp Ltd - India
- New Zealand Coal & Carbon
- Indian Oil Corporation Limited
- Kapuas Tunggal Persada - Indonesia
- Sree Jayajothi Cements Limited - India
- Energy Link Ltd, New Zealand
- Posco Energy - South Korea
- Indonesian Coal Mining Association
- Goldman Sachs - Singapore
- Madhucon Powers Ltd - India
- Bangladesh Power Developement Board
- Indo Tambangraya Megah - Indonesia
- MS Steel International - UAE
- Sakthi Sugars Limited - India
- Tata Chemicals Ltd - India
- McConnell Dowell - Australia
- Anglo American - United Kingdom
- Malabar Cements Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- GMR Energy Limited - India
- Larsen & Toubro Limited - India
- Coastal Gujarat Power Limited - India
- Gujarat Sidhee Cement - India
- The State Trading Corporation of India Ltd
- Miang Besar Coal Terminal - Indonesia
- Siam City Cement - Thailand
- Tamil Nadu electricity Board
- Mercuria Energy - Indonesia
- Mintek Dendrill Indonesia
- IHS Mccloskey Coal Group - USA
- IEA Clean Coal Centre - UK
- TeaM Sual Corporation - Philippines
- Videocon Industries ltd - India
- Antam Resourcindo - Indonesia
- Trasteel International SA, Italy
- Marubeni Corporation - India
- Savvy Resources Ltd - HongKong
- Sarangani Energy Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- OPG Power Generation Pvt Ltd - India
- Chamber of Mines of South Africa
- Neyveli Lignite Corporation Ltd, - India
- Deloitte Consulting - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Vijayanagar Sugar Pvt Ltd - India
- Makarim & Taira - Indonesia
- Directorate Of Revenue Intelligence - India
- CIMB Investment Bank - Malaysia
- Siam City Cement PLC, Thailand
- Coal and Oil Company - UAE
- AsiaOL BioFuels Corp., Philippines
- Bhushan Steel Limited - India
- Heidelberg Cement - Germany
- Karbindo Abesyapradhi - Indoneisa
- Renaissance Capital - South Africa
- ASAPP Information Group - India
- Indika Energy - Indonesia
- Sojitz Corporation - Japan
- Krishnapatnam Port Company Ltd. - India
- Coalindo Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Attock Cement Pakistan Limited
- Toyota Tsusho Corporation, Japan
- Global Green Power PLC Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Independent Power Producers Association of India
- Globalindo Alam Lestari - Indonesia
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