We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Thursday, 30 January 20
PRIVATE SECTOR COMPANIES SEEK 'LEVEL PLAYING FIELD' FOR COAL BLOCK AUCTION - PTI
 Private sector companies scouting opportunities for commercial coal mining in the country are seeking a “level playing field” to encourage them to participate in the bidding process, sources said.
Given the international scenario, global mining companies are looking to gradually reduce their exposure and investments in the coal sector and this will have an impact on FDI in commercial mining, private companies’ officials said.
“If the government does not provide the level playing field to private sector firms for commercial mining, the interest among mining firms will not take-off as it was envisaged earlier,” an official of the country’s leading private sector conglomerate told PTI.
The opening up of commercial coal mining for private sector is the most ambitious reform since the nationalisation of this sector, ending the monopoly of state-owned Coal India Ltd (CIL).
Ministry of Coal is holding consultative meetings in various cities with the stakeholders to discuss the draft methodology as well as key bidding terms and conditions for auction of coal mines for commercial mining.
A closed-door consultative meeting on the proposed coal block auction for commercial mining was held in the city on Tuesday and some 15-20 representatives from mining companies and associations participated in it, sources said.
Many stakeholders stated that a “penalty clause” is a major deterrent and will “not encourage serious commercial miners to participate in the bidding process”.
Explaining about “level playing field”, the official of the private sector company said that there is “no penalty clause” in case of Coal India while they will have to bear a risk to pay, if production quantity is below a threshold level
“We have also sought clarification about computation of the penalty for production below 70 per cent of the targeted output in three years,” the official said.
Central Mine Planning & Design Institute Ltd chairman Shekar Saran said the government has relaxed several conditions to make bidding attractive.
“The Centre expects large participation in the auction process,” he said.
However, officials private sctor companies said several financial institutions and mining majors had either stated to exit coal business or given a roadmap to reduce their exposure toward the polluting sector.
Coal sector analysts claimed that after cancellation of allocations of captive coal mines by the Supreme Court, some 80 blcoks were auctioned and only 18 projects had taken off.
The government had said that the first round of auctioning of blocks for commercial mining is expected to be launched in the current fiscal.
There are about 80-100 coal blocks which are likely to be auctioned in multiple phases over the next few years.
Source: PTI
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Wednesday, 07 December 22
MARKET INSIGHT - INTERMODAL
China’s coal imports from January to October were 230.1m mt, a decrease of around 10.7% y-o-y (2021 totalled 323.2m mt). The question is if t ...
Wednesday, 07 December 22
INDIA'S STEEL MINISTRY SEEKS IMPORT TAX WAIVER FOR COKING COAL - SOURCES REUTERS REPORTED
India’s steel ministry has asked the finance ministry for a waiver of import tax on coking coal among a slew of raw materials, as it scramble ...
Tuesday, 06 December 22
INDIA'S COAL PRODUCTION RISES 17% IN APR-NOV PERIOD - PTI
The country’s coal production increased 17 per cent to 524.20 million tonnes in the April-November period of the ongoing fiscal.
...
Tuesday, 06 December 22
INDONESIA AIMS TO STARTS COLLECTING COAL LEVY IN Q1 2023 - MINISTER, REUTERS REPORTED
Indonesia aims to establish a coal fund agency and start collecting a coal levy in the first quarter next year, to help ensure supply security for ...
Saturday, 03 December 22
COMPLEX RUSSIAN PRICE CAP MAKES MARITIME VISIBILITY A MUST - WINDWARD
Many commentators and analysts are speculating about the potential impact the Russian seaborne oil price cap will have on organizations and entitie ...
|
|
|
Showing 176 to 180 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Bahari Cakrawala Sebuku - Indonesia
- ICICI Bank Limited - India
- Karbindo Abesyapradhi - Indoneisa
- The State Trading Corporation of India Ltd
- Coastal Gujarat Power Limited - India
- Kaltim Prima Coal - Indonesia
- New Zealand Coal & Carbon
- Bhoruka Overseas - Indonesia
- Port Waratah Coal Services - Australia
- MS Steel International - UAE
- Indian Oil Corporation Limited
- Australian Commodity Traders Exchange
- Gujarat Sidhee Cement - India
- Pipit Mutiara Jaya. PT, Indonesia
- Rio Tinto Coal - Australia
- India Bulls Power Limited - India
- Borneo Indobara - Indonesia
- Malabar Cements Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Therma Luzon, Inc, Philippines
- Bulk Trading Sa - Switzerland
- Baramulti Group, Indonesia
- Economic Council, Georgia
- Thiess Contractors Indonesia
- Larsen & Toubro Limited - India
- Price Waterhouse Coopers - Russia
- Ministry of Mines - Canada
- Cigading International Bulk Terminal - Indonesia
- Siam City Cement PLC, Thailand
- Global Coal Blending Company Limited - Australia
- Attock Cement Pakistan Limited
- Offshore Bulk Terminal Pte Ltd, Singapore
- Krishnapatnam Port Company Ltd. - India
- Mintek Dendrill Indonesia
- Energy Link Ltd, New Zealand
- Bhushan Steel Limited - India
- Deloitte Consulting - India
- GN Power Mariveles Coal Plant, Philippines
- Sinarmas Energy and Mining - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Singapore Mercantile Exchange
- Makarim & Taira - Indonesia
- Edison Trading Spa - Italy
- Ministry of Finance - Indonesia
- The Treasury - Australian Government
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Australian Coal Association
- Agrawal Coal Company - India
- Sree Jayajothi Cements Limited - India
- Posco Energy - South Korea
- Gujarat Electricity Regulatory Commission - India
- Wilmar Investment Holdings
- Sarangani Energy Corporation, Philippines
- Indonesian Coal Mining Association
- Bharathi Cement Corporation - India
- Maharashtra Electricity Regulatory Commission - India
- Oldendorff Carriers - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Carbofer General Trading SA - India
- Independent Power Producers Association of India
- Iligan Light & Power Inc, Philippines
- Africa Commodities Group - South Africa
- Maheswari Brothers Coal Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Kideco Jaya Agung - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Pendopo Energi Batubara - Indonesia
- Ambuja Cements Ltd - India
- Directorate Of Revenue Intelligence - India
- Goldman Sachs - Singapore
- Coal and Oil Company - UAE
- SN Aboitiz Power Inc, Philippines
- Cement Manufacturers Association - India
- TeaM Sual Corporation - Philippines
- Bukit Makmur.PT - Indonesia
- Mercuria Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- VISA Power Limited - India
- Lanco Infratech Ltd - India
- Bhatia International Limited - India
- Chamber of Mines of South Africa
- Planning Commission, India
- Meenaskhi Energy Private Limited - India
- Orica Mining Services - Indonesia
- Indo Tambangraya Megah - Indonesia
- Parliament of New Zealand
- Aditya Birla Group - India
- Semirara Mining and Power Corporation, Philippines
- Heidelberg Cement - Germany
- Miang Besar Coal Terminal - Indonesia
- Meralco Power Generation, Philippines
- Petron Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Mjunction Services Limited - India
- Essar Steel Hazira Ltd - India
- Manunggal Multi Energi - Indonesia
- Grasim Industreis Ltd - India
- Georgia Ports Authority, United States
- Salva Resources Pvt Ltd - India
- Anglo American - United Kingdom
- GMR Energy Limited - India
- PetroVietnam Power Coal Import and Supply Company
- PTC India Limited - India
- Romanian Commodities Exchange
- South Luzon Thermal Energy Corporation
- SMG Consultants - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Leighton Contractors Pty Ltd - Australia
- Karaikal Port Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Electricity Authority, New Zealand
- Kapuas Tunggal Persada - Indonesia
- Timah Investasi Mineral - Indoneisa
- Xindia Steels Limited - India
- Electricity Generating Authority of Thailand
- Simpson Spence & Young - Indonesia
- OPG Power Generation Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Kartika Selabumi Mining - Indonesia
- Altura Mining Limited, Indonesia
- Dalmia Cement Bharat India
- ASAPP Information Group - India
- Directorate General of MIneral and Coal - Indonesia
- Antam Resourcindo - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- LBH Netherlands Bv - Netherlands
- White Energy Company Limited
- Ceylon Electricity Board - Sri Lanka
- Barasentosa Lestari - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Ind-Barath Power Infra Limited - India
- Parry Sugars Refinery, India
- Indika Energy - Indonesia
- Eastern Energy - Thailand
- Medco Energi Mining Internasional
- Savvy Resources Ltd - HongKong
- European Bulk Services B.V. - Netherlands
- Eastern Coal Council - USA
- Interocean Group of Companies - India
- IHS Mccloskey Coal Group - USA
- Mercator Lines Limited - India
- Madhucon Powers Ltd - India
- Wood Mackenzie - Singapore
- Rashtriya Ispat Nigam Limited - India
- Tata Chemicals Ltd - India
- IEA Clean Coal Centre - UK
- Sakthi Sugars Limited - India
- Kumho Petrochemical, South Korea
- Uttam Galva Steels Limited - India
- Samtan Co., Ltd - South Korea
- Intertek Mineral Services - Indonesia
- Aboitiz Power Corporation - Philippines
- Marubeni Corporation - India
- Kobexindo Tractors - Indoneisa
- Banpu Public Company Limited - Thailand
- GVK Power & Infra Limited - India
- Siam City Cement - Thailand
- PNOC Exploration Corporation - Philippines
- Sical Logistics Limited - India
- Central Java Power - Indonesia
- Metalloyd Limited - United Kingdom
- Sindya Power Generating Company Private Ltd
- Global Business Power Corporation, Philippines
- The University of Queensland
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kepco SPC Power Corporation, Philippines
- Ministry of Transport, Egypt
- Bukit Baiduri Energy - Indonesia
- Trasteel International SA, Italy
- Global Green Power PLC Corporation, Philippines
- Coalindo Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Vedanta Resources Plc - India
- Renaissance Capital - South Africa
- CIMB Investment Bank - Malaysia
- Straits Asia Resources Limited - Singapore
- Tamil Nadu electricity Board
- International Coal Ventures Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- McConnell Dowell - Australia
- SMC Global Power, Philippines
- Commonwealth Bank - Australia
- Jindal Steel & Power Ltd - India
- Thai Mozambique Logistica
- Indogreen Group - Indonesia
- Orica Australia Pty. Ltd.
- Toyota Tsusho Corporation, Japan
- Minerals Council of Australia
- CNBM International Corporation - China
- London Commodity Brokers - England
- Sojitz Corporation - Japan
- Globalindo Alam Lestari - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Semirara Mining Corp, Philippines
- Merrill Lynch Commodities Europe
- Star Paper Mills Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Riau Bara Harum - Indonesia
- Standard Chartered Bank - UAE
- Kalimantan Lumbung Energi - Indonesia
- Energy Development Corp, Philippines
- Latin American Coal - Colombia
- San Jose City I Power Corp, Philippines
- Alfred C Toepfer International GmbH - Germany
- PowerSource Philippines DevCo
- Central Electricity Authority - India
- Formosa Plastics Group - Taiwan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Videocon Industries ltd - India
- Bangladesh Power Developement Board
- Indian Energy Exchange, India
- Chettinad Cement Corporation Ltd - India
- Vizag Seaport Private Limited - India
- Power Finance Corporation Ltd., India
|
| |
| |
|