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Sunday, 15 March 20
CAPTIVE COAL OUTPUT RISES 19% IN APRIL-FEBRUARY - FINANCIAL EXPRESS
Coal production from captive mines in the first eleven months of the ongoing fiscal have increased by 18.8% year-on-year (y-o-y) to 51.7 million tonne (MT) from the corresponding period in FY19. However, about 53% of the output came from coal blocks which were not cancelled by the Supreme Court in its September 2014 order.
The apex court had then cancelled 204 out of 218 captive coal block licences, saying that these had been allocated in an illegal and arbitrary manner. After the Supreme Court ruling, 36 coal mines has been auctioned so far. The Rajya Sabha on Thursday passed The Mineral Laws (Amendment) Bill, 2020, which removes end-use restrictions in coal blocks to be put up for auctions, essentially ending the practice of captive mining and allowing coal mine developers to sell the fuel to consumers in the open market.
The union government in January had issued the ordinance for the same, along with amendments to the MMDR Act 1957 and the CMSP Act 2015 have also been amended to allocate coal blocks for composite prospecting licence-cum-mining lease to make it more attractive for commercial mining.
The new edicts will come into force after the President’s assent and is seen to to put an end to the long-held monopoly of public-sector behemoth Coal India (CIL).
Production by CIL declined 1.9% annually to 517.8 million tonne (MT) in the first eleven months of FY20, mainly due to excessive rains hampering mining operations during the monsoons earlier this year. Law and order issues in some major mines and several employee union strikes after the Cabinet’s February 2019 decision to ease mining norms for private companies also hampered the world’s largest miner’s production.
The drop in CIL production in the fiscal would have been much lower had it not recorded a 14.2% annual rise in its February output. The coal production scenario has improved at least from the November, 2019 levels, when CIL output was lower by 7.8% year-on-year (y-o-y).
Source: Financial Express
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Monday, 09 March 20
OPEC+ 'NO DEAL' A BLOW TO THE MARKET - WOOD MACKENZIE
Speaking after today’s OPEC+ meeting broke up, Ann-Louise Hittle, vice president, Macro Oils, at Wood Mackenzie, said: “Today’s o ...
Monday, 09 March 20
KOREA EAST-WEST POWER INVITED BIDS FOR 150,000 MT OF MIN 4,400 - MAX 5,499 NAR COAL
COALspot.com: KOREA EAST-WEST POWER CO. LTD. of South Korea has issued an international tender for total 150,000 MT of LCV coal for May – Jun ...
Sunday, 08 March 20
SUPRAMAX: A 55,000DWT VESSEL FIXING DELIVERY FROM EAST KALIMANTAN FOR A TRIP TO VIETNAM AT $9,100 - BALTIC BRIEFING
SUPRAMAX/ULTRAMAX - A 56,000DWT VESSEL FIXED DELIVERY SOUTH CHINA TRIP VIA INDONESIA, REDELIVERY EAST COAST INDIA, IN THE $6,000S
SUPRAMAX/U ...
Friday, 06 March 20
CHINA RESUMES 83.4 PCT COAL PRODUCTION CAPACITY AMID EPIDEMIC - XINHUA
China has resumed 83.4 percent of its coal production capacity amid the fight against the novel coronavirus outbreak, the National Energy Administr ...
Friday, 06 March 20
COLOMBIAN COAL OUTPUT FELL 2% IN 2019 - REUTERS
Coal production in Colombia, the fifth-largest coal exporter in the world, fell 2% to 82.2 million tonnes in 2019 after output at one of the princi ...
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- Coalindo Energy - Indonesia
- Grasim Industreis Ltd - India
- The State Trading Corporation of India Ltd
- CIMB Investment Bank - Malaysia
- Romanian Commodities Exchange
- Toyota Tsusho Corporation, Japan
- Kobexindo Tractors - Indoneisa
- IEA Clean Coal Centre - UK
- IHS Mccloskey Coal Group - USA
- Global Business Power Corporation, Philippines
- Standard Chartered Bank - UAE
- Asmin Koalindo Tuhup - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Ministry of Finance - Indonesia
- Minerals Council of Australia
- OPG Power Generation Pvt Ltd - India
- Singapore Mercantile Exchange
- Madhucon Powers Ltd - India
- Metalloyd Limited - United Kingdom
- Indo Tambangraya Megah - Indonesia
- Indogreen Group - Indonesia
- McConnell Dowell - Australia
- New Zealand Coal & Carbon
- Borneo Indobara - Indonesia
- Wood Mackenzie - Singapore
- Port Waratah Coal Services - Australia
- Directorate General of MIneral and Coal - Indonesia
- Manunggal Multi Energi - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Agrawal Coal Company - India
- Antam Resourcindo - Indonesia
- London Commodity Brokers - England
- SMC Global Power, Philippines
- Energy Link Ltd, New Zealand
- Orica Mining Services - Indonesia
- Electricity Authority, New Zealand
- Timah Investasi Mineral - Indoneisa
- Ministry of Transport, Egypt
- Global Coal Blending Company Limited - Australia
- Cement Manufacturers Association - India
- Baramulti Group, Indonesia
- Siam City Cement - Thailand
- Independent Power Producers Association of India
- Mercator Lines Limited - India
- Maharashtra Electricity Regulatory Commission - India
- White Energy Company Limited
- VISA Power Limited - India
- Bhoruka Overseas - Indonesia
- Aditya Birla Group - India
- Savvy Resources Ltd - HongKong
- Kumho Petrochemical, South Korea
- Economic Council, Georgia
- Mintek Dendrill Indonesia
- Merrill Lynch Commodities Europe
- SN Aboitiz Power Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Kepco SPC Power Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Bulk Trading Sa - Switzerland
- GAC Shipping (India) Pvt Ltd
- Meenaskhi Energy Private Limited - India
- Bangladesh Power Developement Board
- Salva Resources Pvt Ltd - India
- Power Finance Corporation Ltd., India
- ASAPP Information Group - India
- Bharathi Cement Corporation - India
- Semirara Mining Corp, Philippines
- Sarangani Energy Corporation, Philippines
- Parliament of New Zealand
- Simpson Spence & Young - Indonesia
- South Luzon Thermal Energy Corporation
- Interocean Group of Companies - India
- Billiton Holdings Pty Ltd - Australia
- Ceylon Electricity Board - Sri Lanka
- SMG Consultants - Indonesia
- European Bulk Services B.V. - Netherlands
- Electricity Generating Authority of Thailand
- Bayan Resources Tbk. - Indonesia
- Anglo American - United Kingdom
- Chettinad Cement Corporation Ltd - India
- Ministry of Mines - Canada
- PNOC Exploration Corporation - Philippines
- Miang Besar Coal Terminal - Indonesia
- Posco Energy - South Korea
- Indian Energy Exchange, India
- Africa Commodities Group - South Africa
- Georgia Ports Authority, United States
- Binh Thuan Hamico - Vietnam
- Sakthi Sugars Limited - India
- Sindya Power Generating Company Private Ltd
- Commonwealth Bank - Australia
- Videocon Industries ltd - India
- Sical Logistics Limited - India
- Indian Oil Corporation Limited
- Malabar Cements Ltd - India
- Heidelberg Cement - Germany
- PowerSource Philippines DevCo
- Ind-Barath Power Infra Limited - India
- Straits Asia Resources Limited - Singapore
- Aboitiz Power Corporation - Philippines
- GVK Power & Infra Limited - India
- Tamil Nadu electricity Board
- AsiaOL BioFuels Corp., Philippines
- Tata Chemicals Ltd - India
- Jaiprakash Power Ventures ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Samtan Co., Ltd - South Korea
- Latin American Coal - Colombia
- Holcim Trading Pte Ltd - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- TeaM Sual Corporation - Philippines
- Bhushan Steel Limited - India
- Petron Corporation, Philippines
- Goldman Sachs - Singapore
- Meralco Power Generation, Philippines
- Coastal Gujarat Power Limited - India
- Star Paper Mills Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- CNBM International Corporation - China
- Vedanta Resources Plc - India
- Krishnapatnam Port Company Ltd. - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mercuria Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Sinarmas Energy and Mining - Indonesia
- Xindia Steels Limited - India
- Deloitte Consulting - India
- San Jose City I Power Corp, Philippines
- Carbofer General Trading SA - India
- Karaikal Port Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Renaissance Capital - South Africa
- Chamber of Mines of South Africa
- Neyveli Lignite Corporation Ltd, - India
- Sojitz Corporation - Japan
- Marubeni Corporation - India
- Cigading International Bulk Terminal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- MS Steel International - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Therma Luzon, Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Energy Development Corp, Philippines
- Leighton Contractors Pty Ltd - Australia
- Mjunction Services Limited - India
- Jindal Steel & Power Ltd - India
- Price Waterhouse Coopers - Russia
- Coal and Oil Company - UAE
- Vijayanagar Sugar Pvt Ltd - India
- Eastern Coal Council - USA
- Makarim & Taira - Indonesia
- Trasteel International SA, Italy
- Thiess Contractors Indonesia
- Kaltim Prima Coal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Ambuja Cements Ltd - India
- Siam City Cement PLC, Thailand
- LBH Netherlands Bv - Netherlands
- Parry Sugars Refinery, India
- India Bulls Power Limited - India
- Planning Commission, India
- Central Electricity Authority - India
- PetroVietnam Power Coal Import and Supply Company
- Indika Energy - Indonesia
- Australian Commodity Traders Exchange
- Kapuas Tunggal Persada - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Kohat Cement Company Ltd. - Pakistan
- The University of Queensland
- Banpu Public Company Limited - Thailand
- Rio Tinto Coal - Australia
- Uttam Galva Steels Limited - India
- Semirara Mining and Power Corporation, Philippines
- Indonesian Coal Mining Association
- Australian Coal Association
- Wilmar Investment Holdings
- Medco Energi Mining Internasional
- PTC India Limited - India
- Globalindo Alam Lestari - Indonesia
- Intertek Mineral Services - Indonesia
- Bhatia International Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Iligan Light & Power Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Vizag Seaport Private Limited - India
- Oldendorff Carriers - Singapore
- Bukit Baiduri Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Kartika Selabumi Mining - Indonesia
- Altura Mining Limited, Indonesia
- International Coal Ventures Pvt Ltd - India
- Orica Australia Pty. Ltd.
- The Treasury - Australian Government
- Global Green Power PLC Corporation, Philippines
- Larsen & Toubro Limited - India
- Riau Bara Harum - Indonesia
- Formosa Plastics Group - Taiwan
- Barasentosa Lestari - Indonesia
- Bukit Makmur.PT - Indonesia
- ICICI Bank Limited - India
- Lanco Infratech Ltd - India
- Gujarat Sidhee Cement - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GMR Energy Limited - India
- Pendopo Energi Batubara - Indonesia
- Attock Cement Pakistan Limited
- Eastern Energy - Thailand
- Edison Trading Spa - Italy
- Thai Mozambique Logistica
- Dalmia Cement Bharat India
- Central Java Power - Indonesia
- Sree Jayajothi Cements Limited - India
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