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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, 25 November 09
NAPOCOR SCRAPS AWARD OF 715,000 TONS COAL
Top Philippine electricity producer National Power Corp. (Napocor) said on Wednesday it had cancelled plans to award 715,000 tons in coal supply con ...
Wednesday, 25 November 09
RISING FREIGHT RATES HIT COAL IMPORTERS
While state-owned NTPC’s 12.5 million tonne coal import order may have been aimed at plugging the shortage of coal at its thermal power plants ...
Wednesday, 25 November 09
CSN TO BUY RIVERSDALE STAKE TO BOOST COAL SUPPLIES
Cia. Siderurgica Nacional SA plans to buy 16.3 percent of Australian coal-exploration company Riversdale Mining Ltd. for about A$190.5 million ($175 ...
Tuesday, 24 November 09
ICRA DOWNGRADES TNPL`S RATING TO LAA
Credit rating agency, ICRA has revised the long term rating for the Rs 11.25 billion long-term fund-based bank facilities and Rs 1.5 billion non-con ...
Monday, 23 November 09
INDONESIA MINING RULE THREATENS INVESTMENT DRIVE
A new Indonesian mining rule, limiting contract work that can be outsourced and favouring local players, is shaping up as a new blow to plans ...
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- IHS Mccloskey Coal Group - USA
- Minerals Council of Australia
- Kartika Selabumi Mining - Indonesia
- Siam City Cement PLC, Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bukit Makmur.PT - Indonesia
- Goldman Sachs - Singapore
- Parry Sugars Refinery, India
- Port Waratah Coal Services - Australia
- Directorate General of MIneral and Coal - Indonesia
- Intertek Mineral Services - Indonesia
- Wood Mackenzie - Singapore
- Meenaskhi Energy Private Limited - India
- Star Paper Mills Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Interocean Group of Companies - India
- Coalindo Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- Indogreen Group - Indonesia
- Sakthi Sugars Limited - India
- Simpson Spence & Young - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Manunggal Multi Energi - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- ICICI Bank Limited - India
- Altura Mining Limited, Indonesia
- OPG Power Generation Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Tamil Nadu electricity Board
- Bhoruka Overseas - Indonesia
- LBH Netherlands Bv - Netherlands
- ASAPP Information Group - India
- Mercuria Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Rio Tinto Coal - Australia
- Agrawal Coal Company - India
- Lanco Infratech Ltd - India
- Sindya Power Generating Company Private Ltd
- Indo Tambangraya Megah - Indonesia
- Thai Mozambique Logistica
- Thiess Contractors Indonesia
- PTC India Limited - India
- Parliament of New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- Indian Energy Exchange, India
- Economic Council, Georgia
- India Bulls Power Limited - India
- Directorate Of Revenue Intelligence - India
- Latin American Coal - Colombia
- Grasim Industreis Ltd - India
- PNOC Exploration Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- Gujarat Electricity Regulatory Commission - India
- Antam Resourcindo - Indonesia
- GVK Power & Infra Limited - India
- Kaltim Prima Coal - Indonesia
- Mintek Dendrill Indonesia
- Georgia Ports Authority, United States
- GAC Shipping (India) Pvt Ltd
- Posco Energy - South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- The Treasury - Australian Government
- MS Steel International - UAE
- Mercator Lines Limited - India
- Indika Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Global Green Power PLC Corporation, Philippines
- Baramulti Group, Indonesia
- Jindal Steel & Power Ltd - India
- Ambuja Cements Ltd - India
- Kideco Jaya Agung - Indonesia
- International Coal Ventures Pvt Ltd - India
- Attock Cement Pakistan Limited
- Australian Coal Association
- Singapore Mercantile Exchange
- Sarangani Energy Corporation, Philippines
- Romanian Commodities Exchange
- Heidelberg Cement - Germany
- Bank of Tokyo Mitsubishi UFJ Ltd
- Maharashtra Electricity Regulatory Commission - India
- Trasteel International SA, Italy
- Ceylon Electricity Board - Sri Lanka
- Power Finance Corporation Ltd., India
- Semirara Mining Corp, Philippines
- Jaiprakash Power Ventures ltd
- Holcim Trading Pte Ltd - Singapore
- The University of Queensland
- Kepco SPC Power Corporation, Philippines
- Orica Mining Services - Indonesia
- Vizag Seaport Private Limited - India
- Therma Luzon, Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- White Energy Company Limited
- Medco Energi Mining Internasional
- Asmin Koalindo Tuhup - Indonesia
- Price Waterhouse Coopers - Russia
- Australian Commodity Traders Exchange
- Timah Investasi Mineral - Indoneisa
- Renaissance Capital - South Africa
- Africa Commodities Group - South Africa
- McConnell Dowell - Australia
- Alfred C Toepfer International GmbH - Germany
- GMR Energy Limited - India
- Energy Link Ltd, New Zealand
- Formosa Plastics Group - Taiwan
- The State Trading Corporation of India Ltd
- Samtan Co., Ltd - South Korea
- Cigading International Bulk Terminal - Indonesia
- Riau Bara Harum - Indonesia
- Pendopo Energi Batubara - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Bhushan Steel Limited - India
- South Luzon Thermal Energy Corporation
- Uttam Galva Steels Limited - India
- Standard Chartered Bank - UAE
- Petrochimia International Co. Ltd.- Taiwan
- Miang Besar Coal Terminal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Bayan Resources Tbk. - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sinarmas Energy and Mining - Indonesia
- IEA Clean Coal Centre - UK
- Global Coal Blending Company Limited - Australia
- Sical Logistics Limited - India
- Oldendorff Carriers - Singapore
- Energy Development Corp, Philippines
- Ministry of Transport, Egypt
- Central Electricity Authority - India
- Xindia Steels Limited - India
- Eastern Energy - Thailand
- New Zealand Coal & Carbon
- San Jose City I Power Corp, Philippines
- Coal and Oil Company - UAE
- Siam City Cement - Thailand
- SMG Consultants - Indonesia
- Bulk Trading Sa - Switzerland
- Bangladesh Power Developement Board
- Madhucon Powers Ltd - India
- London Commodity Brokers - England
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- CNBM International Corporation - China
- Independent Power Producers Association of India
- Videocon Industries ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Banpu Public Company Limited - Thailand
- Malabar Cements Ltd - India
- Bhatia International Limited - India
- VISA Power Limited - India
- Straits Asia Resources Limited - Singapore
- Orica Australia Pty. Ltd.
- Indonesian Coal Mining Association
- Gujarat Sidhee Cement - India
- Semirara Mining and Power Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Globalindo Alam Lestari - Indonesia
- Barasentosa Lestari - Indonesia
- Tata Chemicals Ltd - India
- Electricity Generating Authority of Thailand
- Eastern Coal Council - USA
- PetroVietnam Power Coal Import and Supply Company
- Petron Corporation, Philippines
- Ministry of Finance - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- SN Aboitiz Power Inc, Philippines
- Aditya Birla Group - India
- Central Java Power - Indonesia
- Bharathi Cement Corporation - India
- Wilmar Investment Holdings
- Salva Resources Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Indian Oil Corporation Limited
- Kobexindo Tractors - Indoneisa
- Anglo American - United Kingdom
- Carbofer General Trading SA - India
- Dalmia Cement Bharat India
- Merrill Lynch Commodities Europe
- Leighton Contractors Pty Ltd - Australia
- Neyveli Lignite Corporation Ltd, - India
- Karaikal Port Pvt Ltd - India
- Edison Trading Spa - Italy
- Vijayanagar Sugar Pvt Ltd - India
- Electricity Authority, New Zealand
- Ministry of Mines - Canada
- Iligan Light & Power Inc, Philippines
- Vedanta Resources Plc - India
- Meralco Power Generation, Philippines
- PowerSource Philippines DevCo
- Binh Thuan Hamico - Vietnam
- Bukit Asam (Persero) Tbk - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Cement Manufacturers Association - India
- CIMB Investment Bank - Malaysia
- Sojitz Corporation - Japan
- Krishnapatnam Port Company Ltd. - India
- Kumho Petrochemical, South Korea
- Deloitte Consulting - India
- SMC Global Power, Philippines
- European Bulk Services B.V. - Netherlands
- Commonwealth Bank - Australia
- Sree Jayajothi Cements Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Larsen & Toubro Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Planning Commission, India
- Mjunction Services Limited - India
- Essar Steel Hazira Ltd - India
- Makarim & Taira - Indonesia
- Global Business Power Corporation, Philippines
- Borneo Indobara - Indonesia
- Marubeni Corporation - India
- Chamber of Mines of South Africa
- Savvy Resources Ltd - HongKong
- Billiton Holdings Pty Ltd - Australia
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