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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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Wednesday, 10 February 10
ANGLO AMERICAN TIPS COAL PRICE RISE AFTER RAIN, AUSTRALIAN SAYS
Anglo American Plc expects coking coal contract prices to rise after weeks of heavy rain in Queensland state cut output by as much as 10 million met ...
Wednesday, 10 February 10
KANGAROO RESOURCES COMMENCES MINING AT MAMAHAK COKING COAL PROJECT
International coal producer Kangaroo Resources has kicked off mining at its second Indonesian coal operation, the Mamahak Coking Coal Project in Eas ...
Wednesday, 10 February 10
CHINA DENIES CLIVE PALMER'S COAL DEAL
ONE of China's biggest government-owned companies yesterday repudiated mining billionaire Clive Palmer for overstating what he said was Australia' ...
Tuesday, 09 February 10
INDIANS SAY SEEKING COAL BARGAINS VIA INDEX PRICES
* Indonesian cheaper than S.African - traders
* End-users wait for price falls before tendering
Indian coal traders responsible for the bulk of ...
Tuesday, 09 February 10
EURO COAL-PROMPT SLIDES WITH OIL PRICES
* April S.African cargo trades at $83.50/T FOB, unchanged
* April DES cargo trades at $74.75 a tonne, down $1/T
* Russia's Kuzbassrazrezugol sees ...
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- GVK Power & Infra Limited - India
- Timah Investasi Mineral - Indoneisa
- Bahari Cakrawala Sebuku - Indonesia
- Toyota Tsusho Corporation, Japan
- Mercuria Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Commonwealth Bank - Australia
- Jindal Steel & Power Ltd - India
- Parliament of New Zealand
- Krishnapatnam Port Company Ltd. - India
- Coastal Gujarat Power Limited - India
- Chamber of Mines of South Africa
- Kideco Jaya Agung - Indonesia
- Rio Tinto Coal - Australia
- Independent Power Producers Association of India
- Petrochimia International Co. Ltd.- Taiwan
- Global Business Power Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Larsen & Toubro Limited - India
- Tamil Nadu electricity Board
- Indogreen Group - Indonesia
- Kepco SPC Power Corporation, Philippines
- Standard Chartered Bank - UAE
- Vijayanagar Sugar Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Baramulti Group, Indonesia
- The University of Queensland
- Alfred C Toepfer International GmbH - Germany
- Jaiprakash Power Ventures ltd
- SN Aboitiz Power Inc, Philippines
- Iligan Light & Power Inc, Philippines
- Deloitte Consulting - India
- Bhatia International Limited - India
- Indo Tambangraya Megah - Indonesia
- Dalmia Cement Bharat India
- Savvy Resources Ltd - HongKong
- CIMB Investment Bank - Malaysia
- Sojitz Corporation - Japan
- GAC Shipping (India) Pvt Ltd
- Indian Oil Corporation Limited
- Formosa Plastics Group - Taiwan
- Vedanta Resources Plc - India
- South Luzon Thermal Energy Corporation
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Makarim & Taira - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Global Coal Blending Company Limited - Australia
- Wood Mackenzie - Singapore
- Carbofer General Trading SA - India
- Bukit Asam (Persero) Tbk - Indonesia
- Orica Mining Services - Indonesia
- Bayan Resources Tbk. - Indonesia
- TeaM Sual Corporation - Philippines
- Kohat Cement Company Ltd. - Pakistan
- Kartika Selabumi Mining - Indonesia
- The Treasury - Australian Government
- Intertek Mineral Services - Indonesia
- Holcim Trading Pte Ltd - Singapore
- London Commodity Brokers - England
- SMG Consultants - Indonesia
- Binh Thuan Hamico - Vietnam
- Gujarat Sidhee Cement - India
- Chettinad Cement Corporation Ltd - India
- Medco Energi Mining Internasional
- ICICI Bank Limited - India
- IHS Mccloskey Coal Group - USA
- Eastern Energy - Thailand
- Georgia Ports Authority, United States
- Directorate Of Revenue Intelligence - India
- Electricity Generating Authority of Thailand
- Coalindo Energy - Indonesia
- Australian Coal Association
- Parry Sugars Refinery, India
- GMR Energy Limited - India
- Thiess Contractors Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Barasentosa Lestari - Indonesia
- Ministry of Finance - Indonesia
- White Energy Company Limited
- Africa Commodities Group - South Africa
- Pipit Mutiara Jaya. PT, Indonesia
- Merrill Lynch Commodities Europe
- Simpson Spence & Young - Indonesia
- Eastern Coal Council - USA
- Minerals Council of Australia
- Jorong Barutama Greston.PT - Indonesia
- Ministry of Mines - Canada
- Bulk Trading Sa - Switzerland
- Anglo American - United Kingdom
- Ambuja Cements Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Sakthi Sugars Limited - India
- Edison Trading Spa - Italy
- Videocon Industries ltd - India
- Renaissance Capital - South Africa
- ASAPP Information Group - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Tata Chemicals Ltd - India
- Salva Resources Pvt Ltd - India
- India Bulls Power Limited - India
- Heidelberg Cement - Germany
- Indian Energy Exchange, India
- Sinarmas Energy and Mining - Indonesia
- Kapuas Tunggal Persada - Indonesia
- IEA Clean Coal Centre - UK
- Price Waterhouse Coopers - Russia
- Billiton Holdings Pty Ltd - Australia
- Manunggal Multi Energi - Indonesia
- Planning Commission, India
- Aboitiz Power Corporation - Philippines
- Attock Cement Pakistan Limited
- Siam City Cement PLC, Thailand
- Kumho Petrochemical, South Korea
- Sarangani Energy Corporation, Philippines
- Romanian Commodities Exchange
- Latin American Coal - Colombia
- Meenaskhi Energy Private Limited - India
- Straits Asia Resources Limited - Singapore
- Bangladesh Power Developement Board
- Mercator Lines Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Meralco Power Generation, Philippines
- Port Waratah Coal Services - Australia
- Kobexindo Tractors - Indoneisa
- Trasteel International SA, Italy
- Central Java Power - Indonesia
- Energy Link Ltd, New Zealand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The State Trading Corporation of India Ltd
- Indonesian Coal Mining Association
- New Zealand Coal & Carbon
- Bukit Baiduri Energy - Indonesia
- VISA Power Limited - India
- Globalindo Alam Lestari - Indonesia
- Coal and Oil Company - UAE
- SMC Global Power, Philippines
- McConnell Dowell - Australia
- Madhucon Powers Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Bhushan Steel Limited - India
- Therma Luzon, Inc, Philippines
- Ministry of Transport, Egypt
- PowerSource Philippines DevCo
- Wilmar Investment Holdings
- Indika Energy - Indonesia
- Bharathi Cement Corporation - India
- Cement Manufacturers Association - India
- MS Steel International - UAE
- PetroVietnam Power Coal Import and Supply Company
- Malabar Cements Ltd - India
- Essar Steel Hazira Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Antam Resourcindo - Indonesia
- Thai Mozambique Logistica
- Australian Commodity Traders Exchange
- PTC India Limited - India
- Agrawal Coal Company - India
- Oldendorff Carriers - Singapore
- Siam City Cement - Thailand
- Semirara Mining Corp, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Goldman Sachs - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Aditya Birla Group - India
- Samtan Co., Ltd - South Korea
- Vizag Seaport Private Limited - India
- Pendopo Energi Batubara - Indonesia
- Electricity Authority, New Zealand
- OPG Power Generation Pvt Ltd - India
- Lanco Infratech Ltd - India
- Sree Jayajothi Cements Limited - India
- PNOC Exploration Corporation - Philippines
- Altura Mining Limited, Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhoruka Overseas - Indonesia
- Marubeni Corporation - India
- Rashtriya Ispat Nigam Limited - India
- Grasim Industreis Ltd - India
- Economic Council, Georgia
- Interocean Group of Companies - India
- Ceylon Electricity Board - Sri Lanka
- Singapore Mercantile Exchange
- Kaltim Prima Coal - Indonesia
- Global Green Power PLC Corporation, Philippines
- Uttam Galva Steels Limited - India
- Mintek Dendrill Indonesia
- Central Electricity Authority - India
- Leighton Contractors Pty Ltd - Australia
- Banpu Public Company Limited - Thailand
- Orica Australia Pty. Ltd.
- Riau Bara Harum - Indonesia
- Energy Development Corp, Philippines
- Metalloyd Limited - United Kingdom
- Power Finance Corporation Ltd., India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Maharashtra Electricity Regulatory Commission - India
- Ind-Barath Power Infra Limited - India
- CNBM International Corporation - China
- Borneo Indobara - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Xindia Steels Limited - India
- Sical Logistics Limited - India
- Karaikal Port Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- European Bulk Services B.V. - Netherlands
- Miang Besar Coal Terminal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Sindya Power Generating Company Private Ltd
- Mjunction Services Limited - India
- Bukit Makmur.PT - Indonesia
- Posco Energy - South Korea
- Star Paper Mills Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Petron Corporation, Philippines
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