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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, 19 December 09
THE FUTURES FOR 2010 - 2012 FIRMED UP COMPARED TO LAST WEEK AND WAS AT AROUND CAPE US$ 28,000 PER DAY - VISTAAR
COALspot.com (Singapore): The freight market continued to soften this week with major drop in the cape size index by almost 21 pct and Panamax , Sup ...
Friday, 18 December 09
CARGOTEC WINS IBJ'S BEST SHIP LOADING / UNLOADING SYSTEM AWARD WITH SIWERTELL
Cargotec’s Siwertell ship unloader has recently won International Bulk Journal’s best ship loading/unloading system award for 2009; out ...
Friday, 18 December 09
THERMAL COAL PROJECT MOVES AHEAD
A proposal for Australia's largest thermal coal project in Queensland's central west has taken a step forward.
Hancock Prospecting is proposing ...
Friday, 18 December 09
CHURCHILL MINING COMPLETES FEASIBILITY STUDY FOR EAST KUTAI COAL PROJECT
Churchill Mining Plc has announced the completion of the feasibility study for its flagship project, the 75% held East Kutai coal project in Indones ...
Friday, 18 December 09
COKING COAL SHORTAGE IN CHINA TO SPUR DEMAND FIGHT WITH JAPAN
China, the world’s largest steelmaker, faces a shortage of coking coal that may drive imports next year and spur a fight for resources with Ja ...
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- Timah Investasi Mineral - Indoneisa
- Gujarat Mineral Development Corp Ltd - India
- Global Coal Blending Company Limited - Australia
- PowerSource Philippines DevCo
- Thai Mozambique Logistica
- Larsen & Toubro Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Trasteel International SA, Italy
- Formosa Plastics Group - Taiwan
- Toyota Tsusho Corporation, Japan
- Riau Bara Harum - Indonesia
- Petron Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Carbofer General Trading SA - India
- Binh Thuan Hamico - Vietnam
- Kaltim Prima Coal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Indo Tambangraya Megah - Indonesia
- Aditya Birla Group - India
- Mjunction Services Limited - India
- McConnell Dowell - Australia
- Anglo American - United Kingdom
- Kideco Jaya Agung - Indonesia
- Malabar Cements Ltd - India
- Directorate Of Revenue Intelligence - India
- Interocean Group of Companies - India
- Mercator Lines Limited - India
- Sinarmas Energy and Mining - Indonesia
- Kumho Petrochemical, South Korea
- Billiton Holdings Pty Ltd - Australia
- Sarangani Energy Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Planning Commission, India
- Dalmia Cement Bharat India
- Altura Mining Limited, Indonesia
- Mintek Dendrill Indonesia
- Global Green Power PLC Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Mercuria Energy - Indonesia
- Vedanta Resources Plc - India
- Singapore Mercantile Exchange
- Xindia Steels Limited - India
- Karbindo Abesyapradhi - Indoneisa
- India Bulls Power Limited - India
- Africa Commodities Group - South Africa
- Posco Energy - South Korea
- Alfred C Toepfer International GmbH - Germany
- ASAPP Information Group - India
- Rashtriya Ispat Nigam Limited - India
- Chettinad Cement Corporation Ltd - India
- Samtan Co., Ltd - South Korea
- Pendopo Energi Batubara - Indonesia
- Global Business Power Corporation, Philippines
- Madhucon Powers Ltd - India
- Siam City Cement - Thailand
- CNBM International Corporation - China
- Neyveli Lignite Corporation Ltd, - India
- Sical Logistics Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Australian Commodity Traders Exchange
- Leighton Contractors Pty Ltd - Australia
- Minerals Council of Australia
- TeaM Sual Corporation - Philippines
- Intertek Mineral Services - Indonesia
- Romanian Commodities Exchange
- GVK Power & Infra Limited - India
- Sindya Power Generating Company Private Ltd
- White Energy Company Limited
- Petrochimia International Co. Ltd.- Taiwan
- Indian Oil Corporation Limited
- Wilmar Investment Holdings
- Rio Tinto Coal - Australia
- New Zealand Coal & Carbon
- Makarim & Taira - Indonesia
- Therma Luzon, Inc, Philippines
- Eastern Coal Council - USA
- Asmin Koalindo Tuhup - Indonesia
- Ministry of Mines - Canada
- IEA Clean Coal Centre - UK
- Kalimantan Lumbung Energi - Indonesia
- Coal and Oil Company - UAE
- Holcim Trading Pte Ltd - Singapore
- Power Finance Corporation Ltd., India
- Bulk Trading Sa - Switzerland
- Gujarat Sidhee Cement - India
- Vizag Seaport Private Limited - India
- Baramulti Group, Indonesia
- Kepco SPC Power Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- PetroVietnam Power Coal Import and Supply Company
- Wood Mackenzie - Singapore
- Bhoruka Overseas - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Sojitz Corporation - Japan
- GMR Energy Limited - India
- PNOC Exploration Corporation - Philippines
- Central Electricity Authority - India
- Economic Council, Georgia
- VISA Power Limited - India
- The University of Queensland
- SN Aboitiz Power Inc, Philippines
- European Bulk Services B.V. - Netherlands
- Ministry of Transport, Egypt
- Merrill Lynch Commodities Europe
- Orica Australia Pty. Ltd.
- The Treasury - Australian Government
- South Luzon Thermal Energy Corporation
- Maheswari Brothers Coal Limited - India
- Borneo Indobara - Indonesia
- Energy Development Corp, Philippines
- Marubeni Corporation - India
- Parliament of New Zealand
- Simpson Spence & Young - Indonesia
- Salva Resources Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Banpu Public Company Limited - Thailand
- Antam Resourcindo - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Central Java Power - Indonesia
- Ministry of Finance - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Manunggal Multi Energi - Indonesia
- London Commodity Brokers - England
- Eastern Energy - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Sree Jayajothi Cements Limited - India
- Georgia Ports Authority, United States
- Deloitte Consulting - India
- Standard Chartered Bank - UAE
- Sakthi Sugars Limited - India
- Bharathi Cement Corporation - India
- Savvy Resources Ltd - HongKong
- Grasim Industreis Ltd - India
- Cement Manufacturers Association - India
- Videocon Industries ltd - India
- Straits Asia Resources Limited - Singapore
- Price Waterhouse Coopers - Russia
- Bayan Resources Tbk. - Indonesia
- OPG Power Generation Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Jaiprakash Power Ventures ltd
- Electricity Authority, New Zealand
- Goldman Sachs - Singapore
- Energy Link Ltd, New Zealand
- Electricity Generating Authority of Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bhatia International Limited - India
- Barasentosa Lestari - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Agrawal Coal Company - India
- Star Paper Mills Limited - India
- Bangladesh Power Developement Board
- Karaikal Port Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Ambuja Cements Ltd - India
- PTC India Limited - India
- Metalloyd Limited - United Kingdom
- Latin American Coal - Colombia
- SMC Global Power, Philippines
- MS Steel International - UAE
- Miang Besar Coal Terminal - Indonesia
- Meralco Power Generation, Philippines
- The State Trading Corporation of India Ltd
- Ind-Barath Power Infra Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Indian Energy Exchange, India
- Uttam Galva Steels Limited - India
- Essar Steel Hazira Ltd - India
- Tata Chemicals Ltd - India
- Port Waratah Coal Services - Australia
- Indonesian Coal Mining Association
- Lanco Infratech Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- SMG Consultants - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- GAC Shipping (India) Pvt Ltd
- CIMB Investment Bank - Malaysia
- Medco Energi Mining Internasional
- Coalindo Energy - Indonesia
- Independent Power Producers Association of India
- Semirara Mining and Power Corporation, Philippines
- ICICI Bank Limited - India
- Edison Trading Spa - Italy
- GN Power Mariveles Coal Plant, Philippines
- Kobexindo Tractors - Indoneisa
- Siam City Cement PLC, Thailand
- Thiess Contractors Indonesia
- Oldendorff Carriers - Singapore
- Attock Cement Pakistan Limited
- Pipit Mutiara Jaya. PT, Indonesia
- Bukit Baiduri Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- LBH Netherlands Bv - Netherlands
- Kartika Selabumi Mining - Indonesia
- Commonwealth Bank - Australia
- Gujarat Electricity Regulatory Commission - India
- San Jose City I Power Corp, Philippines
- Indika Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- Heidelberg Cement - Germany
- Parry Sugars Refinery, India
- Indogreen Group - Indonesia
- Chamber of Mines of South Africa
- Aboitiz Power Corporation - Philippines
- Iligan Light & Power Inc, Philippines
- Renaissance Capital - South Africa
- Australian Coal Association
- Tamil Nadu electricity Board
- Bukit Asam (Persero) Tbk - Indonesia
- Meenaskhi Energy Private Limited - India
- Semirara Mining Corp, Philippines
- Orica Mining Services - Indonesia
- Bhushan Steel Limited - India
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