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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, 18 February 10
THE INDIAN MARKET IS FIRMING A BIT, DUE TO LACK OF TONNAGE IN THE REGION
HANDY
The BSI still decline as holidays around the world have reduced trading.
...
Thursday, 18 February 10
COAL MINERS FACE SHUTDOWN OVER RECLAMATION FUNDING
Three coal mining companies may be forced to temporarily stop operations this year if they fail to provide funding for a site-reclamation program.
...
Thursday, 18 February 10
DECOUPLING FROM OIL PRICES ON STRONG GLOBAL ENERGY DEMAND
A recent coal market conference in Singapore focused on two main issues –— the demand for coal as a source of energy, and coal pricing.& ...
Thursday, 18 February 10
INDONESIA TO INVITE BIDS FOR $1.5 BLN COAL RAILWAY IN MAY
Indonesia plans to invite investors to bid for contracts to build a $1.5 billion coal railway line in Central Kalimantan, a planning ministry offici ...
Thursday, 18 February 10
INDONESIA ZONING RULE THREATENS MINING - INDUSTRY
Reuters reported that, confusion over a new Indonesian land use regulation could halt the operations of some mining firms, providing a new threat to ...
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- SN Aboitiz Power Inc, Philippines
- Thai Mozambique Logistica
- South Luzon Thermal Energy Corporation
- Kumho Petrochemical, South Korea
- Sarangani Energy Corporation, Philippines
- GMR Energy Limited - India
- Dalmia Cement Bharat India
- Riau Bara Harum - Indonesia
- Bangladesh Power Developement Board
- Larsen & Toubro Limited - India
- Standard Chartered Bank - UAE
- Price Waterhouse Coopers - Russia
- Bharathi Cement Corporation - India
- Siam City Cement PLC, Thailand
- Malabar Cements Ltd - India
- Ambuja Cements Ltd - India
- ICICI Bank Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Madhucon Powers Ltd - India
- Australian Commodity Traders Exchange
- Straits Asia Resources Limited - Singapore
- Africa Commodities Group - South Africa
- Grasim Industreis Ltd - India
- LBH Netherlands Bv - Netherlands
- Edison Trading Spa - Italy
- IHS Mccloskey Coal Group - USA
- Indian Oil Corporation Limited
- Timah Investasi Mineral - Indoneisa
- PetroVietnam Power Coal Import and Supply Company
- Coastal Gujarat Power Limited - India
- SMC Global Power, Philippines
- Ministry of Finance - Indonesia
- Manunggal Multi Energi - Indonesia
- Borneo Indobara - Indonesia
- Coalindo Energy - Indonesia
- London Commodity Brokers - England
- McConnell Dowell - Australia
- Attock Cement Pakistan Limited
- Toyota Tsusho Corporation, Japan
- White Energy Company Limited
- PowerSource Philippines DevCo
- Global Coal Blending Company Limited - Australia
- Binh Thuan Hamico - Vietnam
- Kobexindo Tractors - Indoneisa
- ASAPP Information Group - India
- Eastern Energy - Thailand
- Renaissance Capital - South Africa
- Semirara Mining and Power Corporation, Philippines
- Interocean Group of Companies - India
- Karbindo Abesyapradhi - Indoneisa
- Star Paper Mills Limited - India
- Australian Coal Association
- European Bulk Services B.V. - Netherlands
- Karaikal Port Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- The University of Queensland
- Energy Link Ltd, New Zealand
- Kideco Jaya Agung - Indonesia
- Global Green Power PLC Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Ministry of Mines - Canada
- Leighton Contractors Pty Ltd - Australia
- MS Steel International - UAE
- Therma Luzon, Inc, Philippines
- Cement Manufacturers Association - India
- Central Electricity Authority - India
- Videocon Industries ltd - India
- Maheswari Brothers Coal Limited - India
- Bhatia International Limited - India
- Bhushan Steel Limited - India
- Jaiprakash Power Ventures ltd
- Chamber of Mines of South Africa
- Indian Energy Exchange, India
- Barasentosa Lestari - Indonesia
- The Treasury - Australian Government
- Directorate General of MIneral and Coal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Salva Resources Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Planning Commission, India
- Heidelberg Cement - Germany
- International Coal Ventures Pvt Ltd - India
- Baramulti Group, Indonesia
- Savvy Resources Ltd - HongKong
- Metalloyd Limited - United Kingdom
- Kartika Selabumi Mining - Indonesia
- Ind-Barath Power Infra Limited - India
- Indika Energy - Indonesia
- SMG Consultants - Indonesia
- IEA Clean Coal Centre - UK
- Gujarat Electricity Regulatory Commission - India
- Simpson Spence & Young - Indonesia
- Samtan Co., Ltd - South Korea
- Uttam Galva Steels Limited - India
- Parliament of New Zealand
- Miang Besar Coal Terminal - Indonesia
- Agrawal Coal Company - India
- Independent Power Producers Association of India
- Bhoruka Overseas - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Bayan Resources Tbk. - Indonesia
- Rio Tinto Coal - Australia
- Trasteel International SA, Italy
- Siam City Cement - Thailand
- Vizag Seaport Private Limited - India
- Directorate Of Revenue Intelligence - India
- Anglo American - United Kingdom
- The State Trading Corporation of India Ltd
- Billiton Holdings Pty Ltd - Australia
- Goldman Sachs - Singapore
- Mercuria Energy - Indonesia
- Thiess Contractors Indonesia
- Posco Energy - South Korea
- Semirara Mining Corp, Philippines
- CIMB Investment Bank - Malaysia
- India Bulls Power Limited - India
- Sical Logistics Limited - India
- Makarim & Taira - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Indonesian Coal Mining Association
- Gujarat Sidhee Cement - India
- Parry Sugars Refinery, India
- GAC Shipping (India) Pvt Ltd
- Mercator Lines Limited - India
- Aditya Birla Group - India
- PTC India Limited - India
- Marubeni Corporation - India
- Singapore Mercantile Exchange
- Latin American Coal - Colombia
- Sojitz Corporation - Japan
- Sree Jayajothi Cements Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Meenaskhi Energy Private Limited - India
- Indogreen Group - Indonesia
- VISA Power Limited - India
- Mintek Dendrill Indonesia
- TeaM Sual Corporation - Philippines
- Lanco Infratech Ltd - India
- Deloitte Consulting - India
- Wood Mackenzie - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Carbofer General Trading SA - India
- PNOC Exploration Corporation - Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Banpu Public Company Limited - Thailand
- Global Business Power Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Aboitiz Power Corporation - Philippines
- Orica Mining Services - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Iligan Light & Power Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- GVK Power & Infra Limited - India
- Romanian Commodities Exchange
- Wilmar Investment Holdings
- Merrill Lynch Commodities Europe
- Kohat Cement Company Ltd. - Pakistan
- Maharashtra Electricity Regulatory Commission - India
- Tata Chemicals Ltd - India
- Petron Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- CNBM International Corporation - China
- Ministry of Transport, Egypt
- Port Waratah Coal Services - Australia
- Mjunction Services Limited - India
- Medco Energi Mining Internasional
- Antam Resourcindo - Indonesia
- Coal and Oil Company - UAE
- Commonwealth Bank - Australia
- Bukit Baiduri Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Bulk Trading Sa - Switzerland
- Central Java Power - Indonesia
- New Zealand Coal & Carbon
- Georgia Ports Authority, United States
- Electricity Authority, New Zealand
- Tamil Nadu electricity Board
- Xindia Steels Limited - India
- Altura Mining Limited, Indonesia
- Bukit Makmur.PT - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Energy Development Corp, Philippines
- Alfred C Toepfer International GmbH - Germany
- Petrochimia International Co. Ltd.- Taiwan
- Vedanta Resources Plc - India
- Kalimantan Lumbung Energi - Indonesia
- Jindal Steel & Power Ltd - India
- Minerals Council of Australia
- GN Power Mariveles Coal Plant, Philippines
- Meralco Power Generation, Philippines
- Sakthi Sugars Limited - India
- Electricity Generating Authority of Thailand
- Essar Steel Hazira Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Jorong Barutama Greston.PT - Indonesia
- San Jose City I Power Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- Chettinad Cement Corporation Ltd - India
- Orica Australia Pty. Ltd.
- Eastern Coal Council - USA
- Power Finance Corporation Ltd., India
- Economic Council, Georgia
- Formosa Plastics Group - Taiwan
- Krishnapatnam Port Company Ltd. - India
- OPG Power Generation Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Intertek Mineral Services - Indonesia
- Oldendorff Carriers - Singapore
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