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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, 30 December 09
INDIA CEMENTS TO FINALIZE 3 SHIPMENTS OF SOUTH AFRICAN COAL NEXT WEEK
COALspot.com (India): India Cements is looking for 3 shipments (150,000MT) of South African coal for January – March 2010 delivery on C ...
Wednesday, 30 December 09
BANPU EXPECTS STABLE COAL PRICES
2009 revenue growth will be hard to beat
Banpu Plc, Asean's largest coal miner, expects coal prices to stay firm at about US$80 per tonne in the f ...
Wednesday, 30 December 09
CIL DELISTS JAGUAR ENERGY FOR KODA LINKS
Coal India Ltd (CIL) has dropped Indonesia-based Jaguar Energy & Power Ltd from the list of companies, it intended to forge partnerships with to ...
Wednesday, 30 December 09
COAL PRICE RISE REQUEST DENIED
A proposal by the Viet Nam National Coal and Mineral Industries Group to double the price of coal has been turned down by the Ministry of Industry a ...
Wednesday, 30 December 09
CHINA'S 2010 COAL DEMAND COULD RISE 4%-6%, ACCORDING TO CHINA SECURITIES JOURNAL
China, which is the world’s second-largest energy user, may consume between 4 and 6% more coal next year on continued economic growth, China S ...
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- Bukit Asam (Persero) Tbk - Indonesia
- Mintek Dendrill Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- White Energy Company Limited
- Maheswari Brothers Coal Limited - India
- Agrawal Coal Company - India
- Billiton Holdings Pty Ltd - Australia
- Semirara Mining Corp, Philippines
- Binh Thuan Hamico - Vietnam
- Carbofer General Trading SA - India
- Coastal Gujarat Power Limited - India
- Indika Energy - Indonesia
- Simpson Spence & Young - Indonesia
- SMC Global Power, Philippines
- Indonesian Coal Mining Association
- Aditya Birla Group - India
- Videocon Industries ltd - India
- Wilmar Investment Holdings
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bukit Baiduri Energy - Indonesia
- Sojitz Corporation - Japan
- Bayan Resources Tbk. - Indonesia
- Sindya Power Generating Company Private Ltd
- Deloitte Consulting - India
- Planning Commission, India
- The State Trading Corporation of India Ltd
- Minerals Council of Australia
- San Jose City I Power Corp, Philippines
- Standard Chartered Bank - UAE
- Indo Tambangraya Megah - Indonesia
- London Commodity Brokers - England
- PTC India Limited - India
- Siam City Cement - Thailand
- Jorong Barutama Greston.PT - Indonesia
- Pendopo Energi Batubara - Indonesia
- Medco Energi Mining Internasional
- PowerSource Philippines DevCo
- Xindia Steels Limited - India
- Oldendorff Carriers - Singapore
- Gujarat Sidhee Cement - India
- Eastern Coal Council - USA
- Vizag Seaport Private Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Chettinad Cement Corporation Ltd - India
- India Bulls Power Limited - India
- Bharathi Cement Corporation - India
- Goldman Sachs - Singapore
- Malabar Cements Ltd - India
- South Luzon Thermal Energy Corporation
- Straits Asia Resources Limited - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Georgia Ports Authority, United States
- Formosa Plastics Group - Taiwan
- Makarim & Taira - Indonesia
- Renaissance Capital - South Africa
- TNB Fuel Sdn Bhd - Malaysia
- CIMB Investment Bank - Malaysia
- Vijayanagar Sugar Pvt Ltd - India
- Commonwealth Bank - Australia
- VISA Power Limited - India
- IEA Clean Coal Centre - UK
- ASAPP Information Group - India
- Interocean Group of Companies - India
- Sical Logistics Limited - India
- Eastern Energy - Thailand
- CNBM International Corporation - China
- Star Paper Mills Limited - India
- Therma Luzon, Inc, Philippines
- Barasentosa Lestari - Indonesia
- Global Green Power PLC Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Vedanta Resources Plc - India
- Indian Energy Exchange, India
- Mjunction Services Limited - India
- Global Coal Blending Company Limited - Australia
- GMR Energy Limited - India
- GVK Power & Infra Limited - India
- Essar Steel Hazira Ltd - India
- Lanco Infratech Ltd - India
- Merrill Lynch Commodities Europe
- Bukit Makmur.PT - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Romanian Commodities Exchange
- Posco Energy - South Korea
- Indogreen Group - Indonesia
- Orica Australia Pty. Ltd.
- Bulk Trading Sa - Switzerland
- SMG Consultants - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Manunggal Multi Energi - Indonesia
- Global Business Power Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Bhoruka Overseas - Indonesia
- Attock Cement Pakistan Limited
- Directorate General of MIneral and Coal - Indonesia
- Coal and Oil Company - UAE
- Kohat Cement Company Ltd. - Pakistan
- Metalloyd Limited - United Kingdom
- Meralco Power Generation, Philippines
- Globalindo Alam Lestari - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Petron Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Iligan Light & Power Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Bhushan Steel Limited - India
- Parliament of New Zealand
- Coalindo Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Singapore Mercantile Exchange
- Ind-Barath Power Infra Limited - India
- Ambuja Cements Ltd - India
- European Bulk Services B.V. - Netherlands
- TeaM Sual Corporation - Philippines
- GN Power Mariveles Coal Plant, Philippines
- Energy Development Corp, Philippines
- Uttam Galva Steels Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- New Zealand Coal & Carbon
- The University of Queensland
- PetroVietnam Power Coal Import and Supply Company
- Ministry of Transport, Egypt
- AsiaOL BioFuels Corp., Philippines
- Economic Council, Georgia
- Krishnapatnam Port Company Ltd. - India
- LBH Netherlands Bv - Netherlands
- Kaltim Prima Coal - Indonesia
- Bhatia International Limited - India
- Latin American Coal - Colombia
- Marubeni Corporation - India
- Central Java Power - Indonesia
- Bangladesh Power Developement Board
- Independent Power Producers Association of India
- Kartika Selabumi Mining - Indonesia
- Kideco Jaya Agung - Indonesia
- Meenaskhi Energy Private Limited - India
- Energy Link Ltd, New Zealand
- Thai Mozambique Logistica
- Central Electricity Authority - India
- Chamber of Mines of South Africa
- Gujarat Electricity Regulatory Commission - India
- Bahari Cakrawala Sebuku - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Tata Chemicals Ltd - India
- Electricity Authority, New Zealand
- Jindal Steel & Power Ltd - India
- Rio Tinto Coal - Australia
- Alfred C Toepfer International GmbH - Germany
- Grasim Industreis Ltd - India
- Power Finance Corporation Ltd., India
- International Coal Ventures Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kalimantan Lumbung Energi - Indonesia
- Miang Besar Coal Terminal - Indonesia
- McConnell Dowell - Australia
- Tamil Nadu electricity Board
- SN Aboitiz Power Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- Larsen & Toubro Limited - India
- Intertek Mineral Services - Indonesia
- ICICI Bank Limited - India
- Ministry of Mines - Canada
- Altura Mining Limited, Indonesia
- Baramulti Group, Indonesia
- Leighton Contractors Pty Ltd - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Semirara Mining and Power Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Mercuria Energy - Indonesia
- Australian Coal Association
- Sarangani Energy Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Ministry of Finance - Indonesia
- Parry Sugars Refinery, India
- Australian Commodity Traders Exchange
- Heidelberg Cement - Germany
- Borneo Indobara - Indonesia
- Port Waratah Coal Services - Australia
- Africa Commodities Group - South Africa
- Directorate Of Revenue Intelligence - India
- Karaikal Port Pvt Ltd - India
- Thiess Contractors Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Banpu Public Company Limited - Thailand
- Antam Resourcindo - Indonesia
- Mercator Lines Limited - India
- Aboitiz Power Corporation - Philippines
- Dalmia Cement Bharat India
- Toyota Tsusho Corporation, Japan
- Kobexindo Tractors - Indoneisa
- Electricity Generating Authority of Thailand
- Riau Bara Harum - Indonesia
- Wood Mackenzie - Singapore
- Holcim Trading Pte Ltd - Singapore
- Siam City Cement PLC, Thailand
- Sakthi Sugars Limited - India
- Salva Resources Pvt Ltd - India
- Trasteel International SA, Italy
- Orica Mining Services - Indonesia
- Jaiprakash Power Ventures ltd
- Madhucon Powers Ltd - India
- The Treasury - Australian Government
- Savvy Resources Ltd - HongKong
- Anglo American - United Kingdom
- Indian Oil Corporation Limited
- Kepco SPC Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Samtan Co., Ltd - South Korea
- MS Steel International - UAE
- Edison Trading Spa - Italy
- Kumho Petrochemical, South Korea
- Maharashtra Electricity Regulatory Commission - India
- Cement Manufacturers Association - India
- Timah Investasi Mineral - Indoneisa
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