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Wednesday, 12 August 09
COAL MINE PLAN SHOT DOWN OVER GREEN CONCERNS
 The Times of India reported that, In a major setback to Adani Powers, the principal chief conservator of forests (PCCF) has rejected its proposal for operating a captive coal
mine in the vicinity of Tadoba-Andhari Tiger Reserve (TATR) for its 1000 MW power plant in Gondia, home town of civil aviation minister Praful Patel.
Additional chief secretary (revenue and forest) J P Dange on Monday confirmed that his office had received a comprehensive report from the PCCF, saying Adani Powers should not be allotted the 1750 hectare coal block. "We have received the report. It will be placed before the forest minister Babanrao Pachpute as well as chief minister Ashok Chavan for their opinion,'' Dange said.
A senior official said the PCCF has made it clear that if Adani Powers is granted permission to operate a captive open-cast coal mine for its proposed thermal plant, it will have an adverse impact on the environment, particularly on the TATR near Chandrapur.
As per the rules, once a proposal for allotment of a coal block is submitted to the Centre, it seeks the PCCF's opinion on its impact on the environment before further processing the application. In its proposal, Adani Powers has submitted a comprehensive mining plan, rehabilitation plan and wildlife conservation plan to the ministry of environment and forest.
A week ago, Pachpute had told TOI that till the PCCF submits the report, it will be premature to comment on the on-going agitation against the multicrore power project, while Praful Patel had taken the view that a right balance should be struck between environment and development. "We expect that the CM and Pachpute will take a decision on the PCCF recommendations within a week and submit the report to the Centre,'' a senior forest official said.
Barring Praful Patel, all MPs from Vidarbha led by Congress MP Vilas Muttemwar have opposed the proposal for allocation of the coal mine block on the ground that its operation would cause colossal damage to the rich biodiversity in and around TATR and seriously endanger the very existence of tigers in the reserve, rated as the best in India in terms of tiger population.
Significantly, even Union minister of state for environment Jairam Ramesh has also stepped in following the agitation. "The ministry of environment and forest has not received any proposal for clearing a coal mining project. As and when the proposal comes, we will take a decision keeping in view the relevant laws and regulations, which are there to protect the environment as well as the tiger reserve. I assure you that protection of the environment and the tiger reserve is my first priority,'' Ramesh said in a letter to environmental activist Bandu Dhotre.
In response to the issues raised, Adani Power submitted that a total 1,598 hectares of forest land will be acquired. On approval of the forest diversion plan, land having equivalent area will be handed over to the forest department for compensatory afforestation. "We will minimise environmental impact by good mining practices and execution of a wildlife conservation plan ,'' an official said.
Source: The times of India
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Friday, 07 August 09
COAL-PRICE FORECAST RAISED AT MERRILL ON CHINA, INDIA DEMAND
Bloomberg reported that, Bank of America Corp.’s Merrill Lynch & Co. unit increased its price forecast for Asian power-station coal becaus ...
Friday, 07 August 09
CHINESE DEMAND FOR FOREIGN COAL SOARS
Mining Weekly reported that, Chinese coal imports rocketed by 126,3%, year-on-year, in the first half of this year, the country’s customs auth ...
Thursday, 06 August 09
RICHARDS BAY COAL SHIPMENTS FELL 3% ON YEAR IN JULY
Bloomberg reported that, Richards Bay Coal Terminal, Africa’s largest coal-export facility, exported 3 percent less of the fuel in July than i ...
Thursday, 06 August 09
NTPC LOOKS TO BYPASS STATE TRADING FIRMS ON COAL IMPORT
A reduced coal import bill for NTPC could lead to lower power tariffs
Live mint.com reported that, India’s largest power generation utility ...
Thursday, 06 August 09
CHINA JULY COAL IMPORTS AT 9.5 MLN T, DEMAND FIRM
* Coal imports at key ports in July 2.8 times year-ago levels
* July coal imports down nearly 40 percent from June
* China still buying overseas c ...
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- Thiess Contractors Indonesia
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- Romanian Commodities Exchange
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- VISA Power Limited - India
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- Vedanta Resources Plc - India
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- White Energy Company Limited
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- Goldman Sachs - Singapore
- Ind-Barath Power Infra Limited - India
- Siam City Cement PLC, Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Bulk Trading Sa - Switzerland
- Leighton Contractors Pty Ltd - Australia
- Price Waterhouse Coopers - Russia
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- GAC Shipping (India) Pvt Ltd
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- Africa Commodities Group - South Africa
- Metalloyd Limited - United Kingdom
- ASAPP Information Group - India
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- Planning Commission, India
- Sojitz Corporation - Japan
- Kaltim Prima Coal - Indonesia
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- Banpu Public Company Limited - Thailand
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- Straits Asia Resources Limited - Singapore
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- Minerals Council of Australia
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- Posco Energy - South Korea
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- Electricity Authority, New Zealand
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- Australian Commodity Traders Exchange
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- Merrill Lynch Commodities Europe
- India Bulls Power Limited - India
- CIMB Investment Bank - Malaysia
- Holcim Trading Pte Ltd - Singapore
- Tata Chemicals Ltd - India
- Medco Energi Mining Internasional
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- Bhoruka Overseas - Indonesia
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- IHS Mccloskey Coal Group - USA
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