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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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Tuesday, 23 February 10
TRENDS..... DRY BULK MARKET .... TRENDS
The dry bulk market was pulled along by the Capes this week, as fresh enquiry breathed temporary life back into the market. Short period rates also ...
Tuesday, 23 February 10
UAE COMPANY TO ACQUIRE CONTROL OF ALLBOND MAKMUR
The Jakarta globe reported that, Renuka Energy Resources Holding, based in the United Arab Emirates, has signed an agreement to acquire 80 percent o ...
Tuesday, 23 February 10
CIL SHORTLISTS 24 FOREIGN COS FOR JV
India's Economic Times reported that, Coal India has shortlisted 24 foreign firms — six each from the US, Australia, South Africa and Indones ...
Saturday, 20 February 10
THE FREIGHT MARKET CONTINUED TO BE SOFT THIS WEEK - CAPT. REDDY
COALspot.com: The freight market continued to be soft this week as still affect of Chinese new year holidays continue. However the index overall had ...
Friday, 19 February 10
MAKING THE JOINT COOPERATION OF PRIVATE GOVERNMENT IN INDONESIA
COALspot.com - Press Release
1. Revision of the presidential decree 67/2005 has been signed by the President on January 28, 2010 with the public ...
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- AsiaOL BioFuels Corp., Philippines
- Bhatia International Limited - India
- Jindal Steel & Power Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Altura Mining Limited, Indonesia
- SMG Consultants - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Anglo American - United Kingdom
- Goldman Sachs - Singapore
- IEA Clean Coal Centre - UK
- Kaltim Prima Coal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Star Paper Mills Limited - India
- PetroVietnam Power Coal Import and Supply Company
- OPG Power Generation Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Larsen & Toubro Limited - India
- Uttam Galva Steels Limited - India
- Planning Commission, India
- Vijayanagar Sugar Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Orica Mining Services - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Cigading International Bulk Terminal - Indonesia
- Indogreen Group - Indonesia
- GAC Shipping (India) Pvt Ltd
- Singapore Mercantile Exchange
- Alfred C Toepfer International GmbH - Germany
- Indian Oil Corporation Limited
- Edison Trading Spa - Italy
- Central Electricity Authority - India
- Energy Link Ltd, New Zealand
- Eastern Coal Council - USA
- Madhucon Powers Ltd - India
- IHS Mccloskey Coal Group - USA
- Jorong Barutama Greston.PT - Indonesia
- Aditya Birla Group - India
- Semirara Mining and Power Corporation, Philippines
- CIMB Investment Bank - Malaysia
- TeaM Sual Corporation - Philippines
- Indonesian Coal Mining Association
- Tamil Nadu electricity Board
- Electricity Authority, New Zealand
- Cement Manufacturers Association - India
- Essar Steel Hazira Ltd - India
- The University of Queensland
- Maheswari Brothers Coal Limited - India
- Interocean Group of Companies - India
- Kapuas Tunggal Persada - Indonesia
- Vedanta Resources Plc - India
- Vizag Seaport Private Limited - India
- Parliament of New Zealand
- Kartika Selabumi Mining - Indonesia
- Thai Mozambique Logistica
- Energy Development Corp, Philippines
- Aboitiz Power Corporation - Philippines
- Ambuja Cements Ltd - India
- Parry Sugars Refinery, India
- Petrochimia International Co. Ltd.- Taiwan
- Baramulti Group, Indonesia
- Toyota Tsusho Corporation, Japan
- Port Waratah Coal Services - Australia
- Antam Resourcindo - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Gujarat Sidhee Cement - India
- Samtan Co., Ltd - South Korea
- Salva Resources Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Attock Cement Pakistan Limited
- CNBM International Corporation - China
- San Jose City I Power Corp, Philippines
- Indika Energy - Indonesia
- Kumho Petrochemical, South Korea
- Commonwealth Bank - Australia
- Straits Asia Resources Limited - Singapore
- Bharathi Cement Corporation - India
- ICICI Bank Limited - India
- Petron Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Siam City Cement - Thailand
- PNOC Exploration Corporation - Philippines
- Dalmia Cement Bharat India
- Ind-Barath Power Infra Limited - India
- Ceylon Electricity Board - Sri Lanka
- Sical Logistics Limited - India
- Deloitte Consulting - India
- McConnell Dowell - Australia
- Riau Bara Harum - Indonesia
- Chettinad Cement Corporation Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Holcim Trading Pte Ltd - Singapore
- Miang Besar Coal Terminal - Indonesia
- Therma Luzon, Inc, Philippines
- Romanian Commodities Exchange
- Sree Jayajothi Cements Limited - India
- Coalindo Energy - Indonesia
- Minerals Council of Australia
- PowerSource Philippines DevCo
- Barasentosa Lestari - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Bayan Resources Tbk. - Indonesia
- Thiess Contractors Indonesia
- GMR Energy Limited - India
- ASAPP Information Group - India
- Marubeni Corporation - India
- GVK Power & Infra Limited - India
- Sakthi Sugars Limited - India
- Makarim & Taira - Indonesia
- Mercuria Energy - Indonesia
- Bukit Baiduri Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Gujarat Electricity Regulatory Commission - India
- Eastern Energy - Thailand
- White Energy Company Limited
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- MS Steel International - UAE
- India Bulls Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Meenaskhi Energy Private Limited - India
- Pendopo Energi Batubara - Indonesia
- Grasim Industreis Ltd - India
- Xindia Steels Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- VISA Power Limited - India
- Economic Council, Georgia
- Ministry of Transport, Egypt
- Directorate Of Revenue Intelligence - India
- Oldendorff Carriers - Singapore
- Bhushan Steel Limited - India
- Bangladesh Power Developement Board
- PTC India Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Electricity Generating Authority of Thailand
- Merrill Lynch Commodities Europe
- Australian Coal Association
- Latin American Coal - Colombia
- Banpu Public Company Limited - Thailand
- Sojitz Corporation - Japan
- Orica Australia Pty. Ltd.
- SN Aboitiz Power Inc, Philippines
- European Bulk Services B.V. - Netherlands
- Sinarmas Energy and Mining - Indonesia
- Global Coal Blending Company Limited - Australia
- London Commodity Brokers - England
- Ministry of Mines - Canada
- Savvy Resources Ltd - HongKong
- Africa Commodities Group - South Africa
- Kepco SPC Power Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- SMC Global Power, Philippines
- Wood Mackenzie - Singapore
- Tata Chemicals Ltd - India
- Metalloyd Limited - United Kingdom
- Australian Commodity Traders Exchange
- Ministry of Finance - Indonesia
- Renaissance Capital - South Africa
- Krishnapatnam Port Company Ltd. - India
- New Zealand Coal & Carbon
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Formosa Plastics Group - Taiwan
- Posco Energy - South Korea
- Georgia Ports Authority, United States
- Bukit Makmur.PT - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Carbofer General Trading SA - India
- Semirara Mining Corp, Philippines
- Kobexindo Tractors - Indoneisa
- Borneo Indobara - Indonesia
- Power Finance Corporation Ltd., India
- Sindya Power Generating Company Private Ltd
- Intertek Mineral Services - Indonesia
- The State Trading Corporation of India Ltd
- Medco Energi Mining Internasional
- Trasteel International SA, Italy
- LBH Netherlands Bv - Netherlands
- Coastal Gujarat Power Limited - India
- Leighton Contractors Pty Ltd - Australia
- South Luzon Thermal Energy Corporation
- Heidelberg Cement - Germany
- Globalindo Alam Lestari - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Indo Tambangraya Megah - Indonesia
- Indian Energy Exchange, India
- Videocon Industries ltd - India
- Binh Thuan Hamico - Vietnam
- Billiton Holdings Pty Ltd - Australia
- Lanco Infratech Ltd - India
- Agrawal Coal Company - India
- Simpson Spence & Young - Indonesia
- Siam City Cement PLC, Thailand
- Global Business Power Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Coal and Oil Company - UAE
- Karaikal Port Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Meralco Power Generation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Mintek Dendrill Indonesia
- Chamber of Mines of South Africa
- Kideco Jaya Agung - Indonesia
- Bhoruka Overseas - Indonesia
- Malabar Cements Ltd - India
- Wilmar Investment Holdings
- Maharashtra Electricity Regulatory Commission - India
- Asmin Koalindo Tuhup - Indonesia
- Timah Investasi Mineral - Indoneisa
- International Coal Ventures Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Central Java Power - Indonesia
- Mercator Lines Limited - India
- Independent Power Producers Association of India
- Jaiprakash Power Ventures ltd
- Standard Chartered Bank - UAE
- The Treasury - Australian Government
- Rio Tinto Coal - Australia
- Mjunction Services Limited - India
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