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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
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Monday, 24 June 24
PHILIPPINES COAL SUPPLY ENOUGH UNTIL 2030 - PHILSTAR GLOBAL
The country’s existing coal-fired power plants are sufficient to ensure enough base load capacity in the next six years, Energy Secretary Rap ...
Friday, 14 June 24
NEXTDECADE, SAUDI ARAMCO SIGN 20-YEAR LNG SUPPLY DEAL - REUTERS
U.S. liquefied natural gas (LNG) provider NextDecade has signed a non-binding agreement with Saudi Aramco 2222.SE to supply 1.2 million tonnes per ...
Friday, 14 June 24
NEWBUILDING PRICES CLIMB 3% TO HIGHEST LEVEL IN 16 YEARS - NIELS RASMUSSEN
“Since the start of the year, newbuilding prices have risen 3% to their highest level since 2008. Compared to their most recent low in late 2 ...
Friday, 14 June 24
INDIA TARGETS HIGHER DOMESTIC COAL PRODUCTION, REDUCED IMPORTS: GOVT - REUTERS
India wants to reduce coal imports and increase domestic production, federal coal minister G. Kishan Reddy said on Thursday.
The cou ...
Thursday, 13 June 24
US LNG TO ASIA FOR POWER GENERATION EXPECTED TO CUT EMISSIONS VERSUS COAL - RYSTAD ENERGY
The value-chain emissions of liquified natural gas (LNG) are lower on average than for coal-fired power generation, even when the fuel is shipp ...
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Showing 16 to 20 news of total 6871 |
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- Standard Chartered Bank - UAE
- Vijayanagar Sugar Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Indian Energy Exchange, India
- Energy Link Ltd, New Zealand
- McConnell Dowell - Australia
- Manunggal Multi Energi - Indonesia
- Anglo American - United Kingdom
- IEA Clean Coal Centre - UK
- The University of Queensland
- Kideco Jaya Agung - Indonesia
- Lanco Infratech Ltd - India
- PowerSource Philippines DevCo
- Orica Mining Services - Indonesia
- Essar Steel Hazira Ltd - India
- Antam Resourcindo - Indonesia
- SMC Global Power, Philippines
- Straits Asia Resources Limited - Singapore
- Attock Cement Pakistan Limited
- Mjunction Services Limited - India
- Bhoruka Overseas - Indonesia
- Deloitte Consulting - India
- Kohat Cement Company Ltd. - Pakistan
- Ambuja Cements Ltd - India
- White Energy Company Limited
- GMR Energy Limited - India
- Ind-Barath Power Infra Limited - India
- Marubeni Corporation - India
- Grasim Industreis Ltd - India
- GVK Power & Infra Limited - India
- Meralco Power Generation, Philippines
- Oldendorff Carriers - Singapore
- MS Steel International - UAE
- Global Business Power Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Goldman Sachs - Singapore
- Directorate Of Revenue Intelligence - India
- Kepco SPC Power Corporation, Philippines
- Independent Power Producers Association of India
- Medco Energi Mining Internasional
- Dalmia Cement Bharat India
- Tata Chemicals Ltd - India
- Indika Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Chamber of Mines of South Africa
- Edison Trading Spa - Italy
- Binh Thuan Hamico - Vietnam
- Latin American Coal - Colombia
- Therma Luzon, Inc, Philippines
- Star Paper Mills Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Bulk Trading Sa - Switzerland
- Eastern Energy - Thailand
- Maheswari Brothers Coal Limited - India
- Electricity Authority, New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- Trasteel International SA, Italy
- Metalloyd Limited - United Kingdom
- Sindya Power Generating Company Private Ltd
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Mines - Canada
- Global Green Power PLC Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Bayan Resources Tbk. - Indonesia
- Parliament of New Zealand
- Jorong Barutama Greston.PT - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- ICICI Bank Limited - India
- Siam City Cement PLC, Thailand
- International Coal Ventures Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Mintek Dendrill Indonesia
- Central Electricity Authority - India
- Aditya Birla Group - India
- Vizag Seaport Private Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Chettinad Cement Corporation Ltd - India
- CIMB Investment Bank - Malaysia
- Singapore Mercantile Exchange
- AsiaOL BioFuels Corp., Philippines
- Energy Development Corp, Philippines
- Intertek Mineral Services - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Merrill Lynch Commodities Europe
- SN Aboitiz Power Inc, Philippines
- Bhatia International Limited - India
- Semirara Mining and Power Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Siam City Cement - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Commonwealth Bank - Australia
- Posco Energy - South Korea
- Orica Australia Pty. Ltd.
- Videocon Industries ltd - India
- Wilmar Investment Holdings
- Heidelberg Cement - Germany
- Mercuria Energy - Indonesia
- Larsen & Toubro Limited - India
- Makarim & Taira - Indonesia
- Banpu Public Company Limited - Thailand
- European Bulk Services B.V. - Netherlands
- Kalimantan Lumbung Energi - Indonesia
- Economic Council, Georgia
- CNBM International Corporation - China
- Vedanta Resources Plc - India
- New Zealand Coal & Carbon
- Bhushan Steel Limited - India
- Tamil Nadu electricity Board
- Petron Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Altura Mining Limited, Indonesia
- Global Coal Blending Company Limited - Australia
- Barasentosa Lestari - Indonesia
- Australian Coal Association
- Malabar Cements Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Planning Commission, India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kobexindo Tractors - Indoneisa
- Gujarat Sidhee Cement - India
- Coalindo Energy - Indonesia
- Ministry of Finance - Indonesia
- PTC India Limited - India
- Formosa Plastics Group - Taiwan
- Ceylon Electricity Board - Sri Lanka
- Central Java Power - Indonesia
- Thai Mozambique Logistica
- Romanian Commodities Exchange
- Sojitz Corporation - Japan
- Carbofer General Trading SA - India
- Kapuas Tunggal Persada - Indonesia
- Samtan Co., Ltd - South Korea
- Coastal Gujarat Power Limited - India
- GAC Shipping (India) Pvt Ltd
- ASAPP Information Group - India
- Mercator Lines Limited - India
- Wood Mackenzie - Singapore
- IHS Mccloskey Coal Group - USA
- Savvy Resources Ltd - HongKong
- Sical Logistics Limited - India
- Salva Resources Pvt Ltd - India
- Madhucon Powers Ltd - India
- Semirara Mining Corp, Philippines
- Kumho Petrochemical, South Korea
- Indogreen Group - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Eastern Coal Council - USA
- Iligan Light & Power Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- SMG Consultants - Indonesia
- The State Trading Corporation of India Ltd
- Coal and Oil Company - UAE
- Bukit Asam (Persero) Tbk - Indonesia
- Sarangani Energy Corporation, Philippines
- Ministry of Transport, Egypt
- Price Waterhouse Coopers - Russia
- Petrochimia International Co. Ltd.- Taiwan
- GN Power Mariveles Coal Plant, Philippines
- Parry Sugars Refinery, India
- VISA Power Limited - India
- Minerals Council of Australia
- Baramulti Group, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- PNOC Exploration Corporation - Philippines
- Krishnapatnam Port Company Ltd. - India
- London Commodity Brokers - England
- Africa Commodities Group - South Africa
- TeaM Sual Corporation - Philippines
- OPG Power Generation Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Renaissance Capital - South Africa
- Electricity Generating Authority of Thailand
- Karaikal Port Pvt Ltd - India
- Xindia Steels Limited - India
- Indian Oil Corporation Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Bangladesh Power Developement Board
- Georgia Ports Authority, United States
- Interocean Group of Companies - India
- Bukit Baiduri Energy - Indonesia
- Cement Manufacturers Association - India
- South Luzon Thermal Energy Corporation
- Kartika Selabumi Mining - Indonesia
- Riau Bara Harum - Indonesia
- The Treasury - Australian Government
- Power Finance Corporation Ltd., India
- Agrawal Coal Company - India
- Simpson Spence & Young - Indonesia
- India Bulls Power Limited - India
- Bukit Makmur.PT - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Bharathi Cement Corporation - India
- Australian Commodity Traders Exchange
- LBH Netherlands Bv - Netherlands
- Globalindo Alam Lestari - Indonesia
- Toyota Tsusho Corporation, Japan
- Sree Jayajothi Cements Limited - India
- Indonesian Coal Mining Association
- Borneo Indobara - Indonesia
- Timah Investasi Mineral - Indoneisa
- Jindal Steel & Power Ltd - India
- Rio Tinto Coal - Australia
- Sakthi Sugars Limited - India
- Rashtriya Ispat Nigam Limited - India
- Aboitiz Power Corporation - Philippines
- Meenaskhi Energy Private Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- San Jose City I Power Corp, Philippines
- Uttam Galva Steels Limited - India
- Port Waratah Coal Services - Australia
- Thiess Contractors Indonesia
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