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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, 26 February 20
SHIPPING MARKET INSIGHT - INTERMODAL
Coming from one of its busiest periods historically, with a list of scrubber and BWMS retrofits on a waiting list, the ship repair sector is witnes ...
Wednesday, 26 February 20
AS ALL OF THE GLOBAL COAL GIANTS EXIT SOUTH AFRICA, ESKOM TO DEPEND ON TWO MINERS FOR 70% OF ITS SUPPLY - BUSINESS INSIDER
While some of its politicians continue to imagine that coal has a future in South Africa, two key developments from the real world show that securi ...
Tuesday, 25 February 20
DELTA DUNIA MAKMUR REGISTERED A NET PROFIT OF US$20 MILLION FOR FY 2019
PT Delta Dunia Makmur, one of the largest coal mining company in Indonesia, has recorded an US$882 million revenue for FY 2019, 1% lower compared t ...
Tuesday, 25 February 20
SHIPPING UPDATE - ALLIED
The positive feeling and optimism for a fresh rally during the first few months of 2020 that prevailed in the tanker markets during the final quart ...
Monday, 24 February 20
COULD SOME VLSFO FUELS BE BANNED? - GIBSON
The run up to the implementation of the new IMO rules on marine fuels from1st January 2020 had owners and charterers analysing the vari ...
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Showing 1106 to 1110 news of total 6871 |
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- IHS Mccloskey Coal Group - USA
- Cement Manufacturers Association - India
- Dalmia Cement Bharat India
- Sinarmas Energy and Mining - Indonesia
- Bukit Makmur.PT - Indonesia
- Agrawal Coal Company - India
- Bhatia International Limited - India
- Aditya Birla Group - India
- Bukit Baiduri Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- European Bulk Services B.V. - Netherlands
- Videocon Industries ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Georgia Ports Authority, United States
- Posco Energy - South Korea
- Timah Investasi Mineral - Indoneisa
- ICICI Bank Limited - India
- Parliament of New Zealand
- Ministry of Transport, Egypt
- Standard Chartered Bank - UAE
- Vedanta Resources Plc - India
- Aboitiz Power Corporation - Philippines
- Barasentosa Lestari - Indonesia
- Directorate Of Revenue Intelligence - India
- Power Finance Corporation Ltd., India
- Therma Luzon, Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Bhoruka Overseas - Indonesia
- Intertek Mineral Services - Indonesia
- Petron Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Semirara Mining Corp, Philippines
- Uttam Galva Steels Limited - India
- Savvy Resources Ltd - HongKong
- San Jose City I Power Corp, Philippines
- Coal and Oil Company - UAE
- Metalloyd Limited - United Kingdom
- Altura Mining Limited, Indonesia
- Anglo American - United Kingdom
- Krishnapatnam Port Company Ltd. - India
- Coastal Gujarat Power Limited - India
- Interocean Group of Companies - India
- Jorong Barutama Greston.PT - Indonesia
- Latin American Coal - Colombia
- Globalindo Alam Lestari - Indonesia
- CNBM International Corporation - China
- Romanian Commodities Exchange
- Kohat Cement Company Ltd. - Pakistan
- Ceylon Electricity Board - Sri Lanka
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ministry of Finance - Indonesia
- Indo Tambangraya Megah - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- GN Power Mariveles Coal Plant, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Ambuja Cements Ltd - India
- GVK Power & Infra Limited - India
- Trasteel International SA, Italy
- Sree Jayajothi Cements Limited - India
- SMC Global Power, Philippines
- Central Electricity Authority - India
- New Zealand Coal & Carbon
- Marubeni Corporation - India
- Mercuria Energy - Indonesia
- The University of Queensland
- The Treasury - Australian Government
- Energy Link Ltd, New Zealand
- Commonwealth Bank - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Siam City Cement PLC, Thailand
- Energy Development Corp, Philippines
- PowerSource Philippines DevCo
- Essar Steel Hazira Ltd - India
- Heidelberg Cement - Germany
- Jaiprakash Power Ventures ltd
- The State Trading Corporation of India Ltd
- Formosa Plastics Group - Taiwan
- Antam Resourcindo - Indonesia
- Port Waratah Coal Services - Australia
- Indika Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kumho Petrochemical, South Korea
- CIMB Investment Bank - Malaysia
- Mintek Dendrill Indonesia
- Ministry of Mines - Canada
- GMR Energy Limited - India
- South Luzon Thermal Energy Corporation
- Gujarat Mineral Development Corp Ltd - India
- Chamber of Mines of South Africa
- Pendopo Energi Batubara - Indonesia
- Rio Tinto Coal - Australia
- Thiess Contractors Indonesia
- Gujarat Sidhee Cement - India
- Bayan Resources Tbk. - Indonesia
- PTC India Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Australian Commodity Traders Exchange
- White Energy Company Limited
- Attock Cement Pakistan Limited
- Sical Logistics Limited - India
- Bangladesh Power Developement Board
- Merrill Lynch Commodities Europe
- Lanco Infratech Ltd - India
- LBH Netherlands Bv - Netherlands
- Tamil Nadu electricity Board
- Sakthi Sugars Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Bhushan Steel Limited - India
- India Bulls Power Limited - India
- Carbofer General Trading SA - India
- Ind-Barath Power Infra Limited - India
- Mjunction Services Limited - India
- Kaltim Prima Coal - Indonesia
- Deloitte Consulting - India
- Grasim Industreis Ltd - India
- Star Paper Mills Limited - India
- Miang Besar Coal Terminal - Indonesia
- Oldendorff Carriers - Singapore
- Singapore Mercantile Exchange
- Kalimantan Lumbung Energi - Indonesia
- Central Java Power - Indonesia
- Coalindo Energy - Indonesia
- MS Steel International - UAE
- International Coal Ventures Pvt Ltd - India
- ASAPP Information Group - India
- Iligan Light & Power Inc, Philippines
- Orica Mining Services - Indonesia
- Indogreen Group - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Global Green Power PLC Corporation, Philippines
- Australian Coal Association
- PNOC Exploration Corporation - Philippines
- Africa Commodities Group - South Africa
- Samtan Co., Ltd - South Korea
- Medco Energi Mining Internasional
- Mercator Lines Limited - India
- Indian Oil Corporation Limited
- McConnell Dowell - Australia
- Chettinad Cement Corporation Ltd - India
- Eastern Coal Council - USA
- Sarangani Energy Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Madhucon Powers Ltd - India
- Electricity Authority, New Zealand
- Pipit Mutiara Jaya. PT, Indonesia
- Independent Power Producers Association of India
- Bharathi Cement Corporation - India
- Banpu Public Company Limited - Thailand
- Xindia Steels Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Vizag Seaport Private Limited - India
- AsiaOL BioFuels Corp., Philippines
- Bulk Trading Sa - Switzerland
- Thai Mozambique Logistica
- Planning Commission, India
- Indonesian Coal Mining Association
- Jindal Steel & Power Ltd - India
- Goldman Sachs - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Economic Council, Georgia
- Electricity Generating Authority of Thailand
- Eastern Energy - Thailand
- Edison Trading Spa - Italy
- TeaM Sual Corporation - Philippines
- Riau Bara Harum - Indonesia
- Larsen & Toubro Limited - India
- Sindya Power Generating Company Private Ltd
- Siam City Cement - Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Wood Mackenzie - Singapore
- Renaissance Capital - South Africa
- SN Aboitiz Power Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- London Commodity Brokers - England
- Meenaskhi Energy Private Limited - India
- Orica Australia Pty. Ltd.
- Alfred C Toepfer International GmbH - Germany
- Rashtriya Ispat Nigam Limited - India
- Meralco Power Generation, Philippines
- Makarim & Taira - Indonesia
- Parry Sugars Refinery, India
- Malabar Cements Ltd - India
- Baramulti Group, Indonesia
- Simpson Spence & Young - Indonesia
- Manunggal Multi Energi - Indonesia
- Kideco Jaya Agung - Indonesia
- Tata Chemicals Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Cigading International Bulk Terminal - Indonesia
- Global Business Power Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Global Coal Blending Company Limited - Australia
- SMG Consultants - Indonesia
- Indian Energy Exchange, India
- Minerals Council of Australia
- Binh Thuan Hamico - Vietnam
- Kartika Selabumi Mining - Indonesia
- Toyota Tsusho Corporation, Japan
- Asmin Koalindo Tuhup - Indonesia
- IEA Clean Coal Centre - UK
- Kapuas Tunggal Persada - Indonesia
- GAC Shipping (India) Pvt Ltd
- Borneo Indobara - Indonesia
- Sojitz Corporation - Japan
- VISA Power Limited - India
- Kepco SPC Power Corporation, Philippines
- Wilmar Investment Holdings
- Billiton Holdings Pty Ltd - Australia
- Semirara Mining and Power Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Maharashtra Electricity Regulatory Commission - India
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