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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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Wednesday, 12 June 24
CHINA ACCOUNTS FOR 16.3% OF AUSTRALIA'S COAL EXPORTS, FOLLOWED BY INDIA 14.4% - BANCHERO COSTA
Global coal trade has really picked up pace in recent months, and is now fully back to pre-Covid levels says Banchero Costa in its latest report.
...
Wednesday, 12 June 24
LNG NEWBUILDING VALUES AT RECORD HIGH: 78 NEWBUILD ORDERS PLACED IN 2024, DOUBLING 2023 - VESON NAUTICAL
The number of LNG newbuilding orders have more than doubled from the same period last year where 34 orders were placed, compared to 78 in the first ...
Monday, 10 June 24
CHINA'S MAY COAL IMPORTS RISE 11% ON LOWER DOMESTIC OUTPUT - REUTERS
China’s imports of coal rose 11% in May from a year earlier, customs data and Reuters records showed on Friday, as lower domestic output this ...
Tuesday, 04 June 24
HOW DO WESTERN SANCTIONS ON RUSSIA IMPACT THE GLOBAL METALS, MINING AND COAL MARKETS - WOOD MACKENZIE
The geopolitical landscape for Russia, as a major supplier of various commodities, has undergone a dramatic transformation since the invasion of Uk ...
Friday, 22 March 24
CASE STUDY: DANGERS OF COAL CARGO - SKULD
Recently, a bulk cargo vessel carrying coal from South Africa to Singapore suffered a fatal accident, resulting in the deaths of three crew members ...
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Showing 21 to 25 news of total 6871 |
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kaltim Prima Coal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Rashtriya Ispat Nigam Limited - India
- Edison Trading Spa - Italy
- Global Business Power Corporation, Philippines
- London Commodity Brokers - England
- Agrawal Coal Company - India
- Siam City Cement - Thailand
- Borneo Indobara - Indonesia
- Chamber of Mines of South Africa
- Ministry of Transport, Egypt
- Bayan Resources Tbk. - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Kartika Selabumi Mining - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Gujarat Sidhee Cement - India
- Bhatia International Limited - India
- GAC Shipping (India) Pvt Ltd
- Makarim & Taira - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- PNOC Exploration Corporation - Philippines
- Electricity Generating Authority of Thailand
- Bulk Trading Sa - Switzerland
- Kobexindo Tractors - Indoneisa
- Wood Mackenzie - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- ASAPP Information Group - India
- Siam City Cement PLC, Thailand
- Sinarmas Energy and Mining - Indonesia
- Uttam Galva Steels Limited - India
- Bukit Makmur.PT - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Electricity Regulatory Commission - India
- Ind-Barath Power Infra Limited - India
- Baramulti Group, Indonesia
- Petron Corporation, Philippines
- GMR Energy Limited - India
- Attock Cement Pakistan Limited
- Anglo American - United Kingdom
- Heidelberg Cement - Germany
- Thai Mozambique Logistica
- Formosa Plastics Group - Taiwan
- Bhoruka Overseas - Indonesia
- Coastal Gujarat Power Limited - India
- Vizag Seaport Private Limited - India
- PowerSource Philippines DevCo
- Bangladesh Power Developement Board
- Sindya Power Generating Company Private Ltd
- Indian Oil Corporation Limited
- Standard Chartered Bank - UAE
- Krishnapatnam Port Company Ltd. - India
- ICICI Bank Limited - India
- Toyota Tsusho Corporation, Japan
- Bank of Tokyo Mitsubishi UFJ Ltd
- CIMB Investment Bank - Malaysia
- SMC Global Power, Philippines
- Manunggal Multi Energi - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Simpson Spence & Young - Indonesia
- Eastern Coal Council - USA
- Metalloyd Limited - United Kingdom
- MS Steel International - UAE
- Australian Coal Association
- Merrill Lynch Commodities Europe
- Kapuas Tunggal Persada - Indonesia
- Parry Sugars Refinery, India
- Tamil Nadu electricity Board
- White Energy Company Limited
- Billiton Holdings Pty Ltd - Australia
- Videocon Industries ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Vedanta Resources Plc - India
- Maheswari Brothers Coal Limited - India
- SN Aboitiz Power Inc, Philippines
- Singapore Mercantile Exchange
- Barasentosa Lestari - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Indika Energy - Indonesia
- McConnell Dowell - Australia
- CNBM International Corporation - China
- Eastern Energy - Thailand
- AsiaOL BioFuels Corp., Philippines
- Larsen & Toubro Limited - India
- Independent Power Producers Association of India
- Malabar Cements Ltd - India
- Binh Thuan Hamico - Vietnam
- Cement Manufacturers Association - India
- Posco Energy - South Korea
- Pendopo Energi Batubara - Indonesia
- Tata Chemicals Ltd - India
- India Bulls Power Limited - India
- Timah Investasi Mineral - Indoneisa
- Indian Energy Exchange, India
- Altura Mining Limited, Indonesia
- LBH Netherlands Bv - Netherlands
- Globalindo Alam Lestari - Indonesia
- Chettinad Cement Corporation Ltd - India
- IHS Mccloskey Coal Group - USA
- Indogreen Group - Indonesia
- Power Finance Corporation Ltd., India
- Jorong Barutama Greston.PT - Indonesia
- Oldendorff Carriers - Singapore
- Electricity Authority, New Zealand
- Sical Logistics Limited - India
- Mintek Dendrill Indonesia
- Carbofer General Trading SA - India
- Jaiprakash Power Ventures ltd
- Miang Besar Coal Terminal - Indonesia
- The State Trading Corporation of India Ltd
- Salva Resources Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Kepco SPC Power Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Antam Resourcindo - Indonesia
- Karaikal Port Pvt Ltd - India
- Xindia Steels Limited - India
- New Zealand Coal & Carbon
- GVK Power & Infra Limited - India
- Kideco Jaya Agung - Indonesia
- Mercator Lines Limited - India
- Coalindo Energy - Indonesia
- Latin American Coal - Colombia
- Kalimantan Lumbung Energi - Indonesia
- Ambuja Cements Ltd - India
- Banpu Public Company Limited - Thailand
- Parliament of New Zealand
- Semirara Mining and Power Corporation, Philippines
- Coal and Oil Company - UAE
- Romanian Commodities Exchange
- Medco Energi Mining Internasional
- Riau Bara Harum - Indonesia
- Jindal Steel & Power Ltd - India
- Savvy Resources Ltd - HongKong
- European Bulk Services B.V. - Netherlands
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mjunction Services Limited - India
- Planning Commission, India
- VISA Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- Straits Asia Resources Limited - Singapore
- Port Waratah Coal Services - Australia
- Star Paper Mills Limited - India
- Indo Tambangraya Megah - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Dalmia Cement Bharat India
- OPG Power Generation Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Bukit Baiduri Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Sarangani Energy Corporation, Philippines
- Indonesian Coal Mining Association
- Bharathi Cement Corporation - India
- Interocean Group of Companies - India
- Karbindo Abesyapradhi - Indoneisa
- Aboitiz Power Corporation - Philippines
- Orica Mining Services - Indonesia
- Meralco Power Generation, Philippines
- Trasteel International SA, Italy
- Renaissance Capital - South Africa
- Grasim Industreis Ltd - India
- Aditya Birla Group - India
- Meenaskhi Energy Private Limited - India
- Marubeni Corporation - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Commonwealth Bank - Australia
- Bhushan Steel Limited - India
- Economic Council, Georgia
- Rio Tinto Coal - Australia
- Sojitz Corporation - Japan
- Semirara Mining Corp, Philippines
- Lanco Infratech Ltd - India
- The Treasury - Australian Government
- Vijayanagar Sugar Pvt Ltd - India
- Sakthi Sugars Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Goldman Sachs - Singapore
- Central Electricity Authority - India
- TeaM Sual Corporation - Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- IEA Clean Coal Centre - UK
- Ministry of Mines - Canada
- Africa Commodities Group - South Africa
- Iligan Light & Power Inc, Philippines
- South Luzon Thermal Energy Corporation
- Therma Luzon, Inc, Philippines
- Australian Commodity Traders Exchange
- Georgia Ports Authority, United States
- Ministry of Finance - Indonesia
- The University of Queensland
- Minerals Council of Australia
- Alfred C Toepfer International GmbH - Germany
- Madhucon Powers Ltd - India
- Central Java Power - Indonesia
- Deloitte Consulting - India
- Cigading International Bulk Terminal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- SMG Consultants - Indonesia
- Energy Development Corp, Philippines
- PTC India Limited - India
- International Coal Ventures Pvt Ltd - India
- Wilmar Investment Holdings
- Pipit Mutiara Jaya. PT, Indonesia
- Intertek Mineral Services - Indonesia
- Orica Australia Pty. Ltd.
- Asia Pacific Energy Resources Ventures Inc, Philippines
- San Jose City I Power Corp, Philippines
- Price Waterhouse Coopers - Russia
- Thiess Contractors Indonesia
- Energy Link Ltd, New Zealand
- Global Green Power PLC Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Global Coal Blending Company Limited - Australia
- Mercuria Energy - Indonesia
- Asmin Koalindo Tuhup - Indonesia
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