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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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Friday, 13 November 09
API4 IGNORES LOW COAL TRADES - SWISS SINGAPORE
* Jan, Feb S.Africa coal prices hit 12-month highs
* Indian trader says deals done dollars below index
Reuters reported that, the physical coal ...
Thursday, 12 November 09
INDONESIA'S BUMI COAL PRODUCTION TO INCREASE
The sale is predicted to jump 14 percent to 58 million tons.
Viva News reported that, PT Bumi Resources Tbk. (BUMI) projected that the company's ...
Thursday, 12 November 09
INDIA'S BHEL IS IN INDONESIA NOW WITH THE COST EFFECTIVE CFBC BASED BOILER TURBINE PACKAGES
COALspot.com(Indonesia): BHEL, the largest engineering and manufacturing enterprise in India in the energy-related / infrastructure sector, is now f ...
Thursday, 12 November 09
NTPC FARAKKA AND KAHALGAON UNITS SHUT DOWN ON COAL SHORTAGE
Operations at two units each of power major NTPC Ltd’s 1600 MW Farakka and the 2340 MW Kahalgaon stations have ground to a halt due to an acut ...
Thursday, 12 November 09
GANGAVARAM PORT SETS RECORD BY DISCHARGING 80,514 TONNE OF COAL CARGO
Gangavaram Port, the deepest port in the country with water depth of 20 meters, has achieved an unprecedented milestone by discharging 80,514 metric ...
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- Interocean Group of Companies - India
- Vizag Seaport Private Limited - India
- LBH Netherlands Bv - Netherlands
- GVK Power & Infra Limited - India
- Videocon Industries ltd - India
- Krishnapatnam Port Company Ltd. - India
- Semirara Mining Corp, Philippines
- Eastern Energy - Thailand
- Latin American Coal - Colombia
- Wood Mackenzie - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sical Logistics Limited - India
- Maheswari Brothers Coal Limited - India
- Standard Chartered Bank - UAE
- Goldman Sachs - Singapore
- Karaikal Port Pvt Ltd - India
- White Energy Company Limited
- Mjunction Services Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Bukit Baiduri Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Global Green Power PLC Corporation, Philippines
- Central Java Power - Indonesia
- Timah Investasi Mineral - Indoneisa
- Mercuria Energy - Indonesia
- Independent Power Producers Association of India
- Kideco Jaya Agung - Indonesia
- GAC Shipping (India) Pvt Ltd
- Eastern Coal Council - USA
- Binh Thuan Hamico - Vietnam
- Bharathi Cement Corporation - India
- Marubeni Corporation - India
- Price Waterhouse Coopers - Russia
- Makarim & Taira - Indonesia
- TeaM Sual Corporation - Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Australian Coal Association
- Offshore Bulk Terminal Pte Ltd, Singapore
- The Treasury - Australian Government
- Vedanta Resources Plc - India
- Siam City Cement - Thailand
- ASAPP Information Group - India
- Sarangani Energy Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Tata Chemicals Ltd - India
- Ambuja Cements Ltd - India
- Posco Energy - South Korea
- The State Trading Corporation of India Ltd
- Parry Sugars Refinery, India
- Coal and Oil Company - UAE
- MS Steel International - UAE
- Orica Mining Services - Indonesia
- Medco Energi Mining Internasional
- Global Coal Blending Company Limited - Australia
- Gujarat Mineral Development Corp Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Merrill Lynch Commodities Europe
- PNOC Exploration Corporation - Philippines
- Africa Commodities Group - South Africa
- IEA Clean Coal Centre - UK
- Sinarmas Energy and Mining - Indonesia
- Minerals Council of Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Sakthi Sugars Limited - India
- Georgia Ports Authority, United States
- Kepco SPC Power Corporation, Philippines
- Antam Resourcindo - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Ministry of Mines - Canada
- Meralco Power Generation, Philippines
- Indonesian Coal Mining Association
- Attock Cement Pakistan Limited
- Karbindo Abesyapradhi - Indoneisa
- AsiaOL BioFuels Corp., Philippines
- Jaiprakash Power Ventures ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- European Bulk Services B.V. - Netherlands
- Holcim Trading Pte Ltd - Singapore
- OPG Power Generation Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Bangladesh Power Developement Board
- Sree Jayajothi Cements Limited - India
- Global Business Power Corporation, Philippines
- PTC India Limited - India
- Kumho Petrochemical, South Korea
- San Jose City I Power Corp, Philippines
- Directorate Of Revenue Intelligence - India
- Ceylon Electricity Board - Sri Lanka
- Carbofer General Trading SA - India
- London Commodity Brokers - England
- Salva Resources Pvt Ltd - India
- Baramulti Group, Indonesia
- Alfred C Toepfer International GmbH - Germany
- Commonwealth Bank - Australia
- Electricity Generating Authority of Thailand
- Kohat Cement Company Ltd. - Pakistan
- Bhatia International Limited - India
- Madhucon Powers Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Thai Mozambique Logistica
- Essar Steel Hazira Ltd - India
- Romanian Commodities Exchange
- Globalindo Alam Lestari - Indonesia
- Wilmar Investment Holdings
- Grasim Industreis Ltd - India
- Sindya Power Generating Company Private Ltd
- Pendopo Energi Batubara - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Malabar Cements Ltd - India
- Chamber of Mines of South Africa
- Asmin Koalindo Tuhup - Indonesia
- Samtan Co., Ltd - South Korea
- Ministry of Transport, Egypt
- Straits Asia Resources Limited - Singapore
- Indo Tambangraya Megah - Indonesia
- Thiess Contractors Indonesia
- Aditya Birla Group - India
- Gujarat Electricity Regulatory Commission - India
- Lanco Infratech Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Energy Development Corp, Philippines
- Toyota Tsusho Corporation, Japan
- Coalindo Energy - Indonesia
- Agrawal Coal Company - India
- Jindal Steel & Power Ltd - India
- Parliament of New Zealand
- Oldendorff Carriers - Singapore
- SMG Consultants - Indonesia
- PowerSource Philippines DevCo
- VISA Power Limited - India
- Economic Council, Georgia
- Riau Bara Harum - Indonesia
- Siam City Cement PLC, Thailand
- South Luzon Thermal Energy Corporation
- Planning Commission, India
- Gujarat Sidhee Cement - India
- McConnell Dowell - Australia
- Dalmia Cement Bharat India
- Kobexindo Tractors - Indoneisa
- Deloitte Consulting - India
- Electricity Authority, New Zealand
- Bulk Trading Sa - Switzerland
- Trasteel International SA, Italy
- Chettinad Cement Corporation Ltd - India
- Orica Australia Pty. Ltd.
- Maharashtra Electricity Regulatory Commission - India
- The University of Queensland
- Meenaskhi Energy Private Limited - India
- Renaissance Capital - South Africa
- Barasentosa Lestari - Indonesia
- Mercator Lines Limited - India
- Simpson Spence & Young - Indonesia
- Port Waratah Coal Services - Australia
- SMC Global Power, Philippines
- ICICI Bank Limited - India
- Ind-Barath Power Infra Limited - India
- Sojitz Corporation - Japan
- CNBM International Corporation - China
- Ministry of Finance - Indonesia
- Indogreen Group - Indonesia
- Indika Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- New Zealand Coal & Carbon
- Intertek Mineral Services - Indonesia
- Bukit Makmur.PT - Indonesia
- Indian Energy Exchange, India
- Edison Trading Spa - Italy
- Aboitiz Power Corporation - Philippines
- Mintek Dendrill Indonesia
- Miang Besar Coal Terminal - Indonesia
- Bhoruka Overseas - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Bhushan Steel Limited - India
- Borneo Indobara - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Rashtriya Ispat Nigam Limited - India
- GMR Energy Limited - India
- India Bulls Power Limited - India
- Heidelberg Cement - Germany
- Indian Oil Corporation Limited
- Energy Link Ltd, New Zealand
- Directorate General of MIneral and Coal - Indonesia
- Manunggal Multi Energi - Indonesia
- Rio Tinto Coal - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- CIMB Investment Bank - Malaysia
- Semirara Mining and Power Corporation, Philippines
- Singapore Mercantile Exchange
- Power Finance Corporation Ltd., India
- Bayan Resources Tbk. - Indonesia
- Coastal Gujarat Power Limited - India
- Anglo American - United Kingdom
- Larsen & Toubro Limited - India
- Uttam Galva Steels Limited - India
- Petron Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Star Paper Mills Limited - India
- Tamil Nadu electricity Board
- Formosa Plastics Group - Taiwan
- Kalimantan Lumbung Energi - Indonesia
- Savvy Resources Ltd - HongKong
- Xindia Steels Limited - India
- Kaltim Prima Coal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Australian Commodity Traders Exchange
- SN Aboitiz Power Inc, Philippines
- Iligan Light & Power Inc, Philippines
- Cement Manufacturers Association - India
- IHS Mccloskey Coal Group - USA
- Central Electricity Authority - India
- Kapuas Tunggal Persada - Indonesia
- Metalloyd Limited - United Kingdom
- Petrochimia International Co. Ltd.- Taiwan
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