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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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Thursday, 05 March 20
INDONESIA'S BUKIT ASAM 2019 OUTPUT RISES 10.2% Y/Y - REUTERS
PT Bukit Asam, Indonesia’s state-owned coal miner, said on Wednesday its output in 2019 rose 10.2% to 29.1 million tonnes.
Coa ...
Thursday, 05 March 20
SEEING REMOTELY - IN SAFETY: BUREAU VERITAS PERFORMS FIRST SURVEY BY DRONE - BUREAU VERITAS
Bureau Veritas Marine & Offshore (BV), a world leader in testing, inspection and certification (TIC) services has completed its first survey by ...
Wednesday, 04 March 20
AN EPIDEMIC OF UNCERTAINTY - THE CORONAVIRUS AND FORCE MAJEURE - WFW
KNOWLEDGE TO ELEVATE
Do the effects of the coronavirus give rise to legitimate force majeure claims in connection with shipbuilding contracts ...
Wednesday, 04 March 20
CHINA IMPORTED 76.8 MLN TONNES OF CRUDE OIL FOR JANUARY & FEBRUARY 2020; UP 3.4% YOY - REFINITIV | BC
The COVID-19 crisis has been gripping China already for almost two months now. It’s having a huge negative impact on the economy, and this is ...
Wednesday, 04 March 20
MARKET INSIGHT - INTERMODAL
As it was expected, the whole world has been focusing on the spread of the Coronavirus, with the fast outbreak being primarily a massive humanitari ...
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- Thiess Contractors Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Eastern Coal Council - USA
- The Treasury - Australian Government
- SN Aboitiz Power Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Neyveli Lignite Corporation Ltd, - India
- Medco Energi Mining Internasional
- Bangladesh Power Developement Board
- Sree Jayajothi Cements Limited - India
- Mjunction Services Limited - India
- Riau Bara Harum - Indonesia
- Energy Development Corp, Philippines
- Goldman Sachs - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- AsiaOL BioFuels Corp., Philippines
- Essar Steel Hazira Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- ASAPP Information Group - India
- Billiton Holdings Pty Ltd - Australia
- Grasim Industreis Ltd - India
- Latin American Coal - Colombia
- Simpson Spence & Young - Indonesia
- Aditya Birla Group - India
- Vedanta Resources Plc - India
- Madhucon Powers Ltd - India
- Attock Cement Pakistan Limited
- Marubeni Corporation - India
- White Energy Company Limited
- Pipit Mutiara Jaya. PT, Indonesia
- Central Electricity Authority - India
- Renaissance Capital - South Africa
- Star Paper Mills Limited - India
- Manunggal Multi Energi - Indonesia
- Chamber of Mines of South Africa
- PNOC Exploration Corporation - Philippines
- Global Green Power PLC Corporation, Philippines
- Sical Logistics Limited - India
- Uttam Galva Steels Limited - India
- Baramulti Group, Indonesia
- Tata Chemicals Ltd - India
- Thai Mozambique Logistica
- CNBM International Corporation - China
- Gujarat Mineral Development Corp Ltd - India
- Formosa Plastics Group - Taiwan
- Bhoruka Overseas - Indonesia
- Jaiprakash Power Ventures ltd
- Central Java Power - Indonesia
- CIMB Investment Bank - Malaysia
- Bukit Asam (Persero) Tbk - Indonesia
- Kaltim Prima Coal - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Siam City Cement - Thailand
- Barasentosa Lestari - Indonesia
- Kobexindo Tractors - Indoneisa
- IHS Mccloskey Coal Group - USA
- Standard Chartered Bank - UAE
- Directorate General of MIneral and Coal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Trasteel International SA, Italy
- Sakthi Sugars Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Economic Council, Georgia
- Indo Tambangraya Megah - Indonesia
- Xindia Steels Limited - India
- Parliament of New Zealand
- Singapore Mercantile Exchange
- Mercuria Energy - Indonesia
- Power Finance Corporation Ltd., India
- Ceylon Electricity Board - Sri Lanka
- Oldendorff Carriers - Singapore
- European Bulk Services B.V. - Netherlands
- Meralco Power Generation, Philippines
- Salva Resources Pvt Ltd - India
- Borneo Indobara - Indonesia
- Mintek Dendrill Indonesia
- Siam City Cement PLC, Thailand
- Carbofer General Trading SA - India
- Jindal Steel & Power Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhushan Steel Limited - India
- Coalindo Energy - Indonesia
- Semirara Mining Corp, Philippines
- Antam Resourcindo - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Australian Coal Association
- Indian Oil Corporation Limited
- Deloitte Consulting - India
- Sojitz Corporation - Japan
- Wood Mackenzie - Singapore
- PTC India Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coastal Gujarat Power Limited - India
- Kumho Petrochemical, South Korea
- VISA Power Limited - India
- Kartika Selabumi Mining - Indonesia
- Indika Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- Vizag Seaport Private Limited - India
- Bukit Baiduri Energy - Indonesia
- McConnell Dowell - Australia
- Holcim Trading Pte Ltd - Singapore
- TeaM Sual Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
- Global Business Power Corporation, Philippines
- Heidelberg Cement - Germany
- Bayan Resources Tbk. - Indonesia
- Altura Mining Limited, Indonesia
- Makarim & Taira - Indonesia
- Iligan Light & Power Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Bhatia International Limited - India
- Planning Commission, India
- London Commodity Brokers - England
- Krishnapatnam Port Company Ltd. - India
- Orica Mining Services - Indonesia
- Ministry of Mines - Canada
- Price Waterhouse Coopers - Russia
- Metalloyd Limited - United Kingdom
- Australian Commodity Traders Exchange
- GVK Power & Infra Limited - India
- Sarangani Energy Corporation, Philippines
- SMC Global Power, Philippines
- India Bulls Power Limited - India
- Minerals Council of Australia
- Maheswari Brothers Coal Limited - India
- Wilmar Investment Holdings
- New Zealand Coal & Carbon
- PowerSource Philippines DevCo
- Africa Commodities Group - South Africa
- Chettinad Cement Corporation Ltd - India
- Toyota Tsusho Corporation, Japan
- Independent Power Producers Association of India
- Edison Trading Spa - Italy
- GMR Energy Limited - India
- Karaikal Port Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Posco Energy - South Korea
- Ministry of Finance - Indonesia
- Directorate Of Revenue Intelligence - India
- Karbindo Abesyapradhi - Indoneisa
- The State Trading Corporation of India Ltd
- The University of Queensland
- Alfred C Toepfer International GmbH - Germany
- Global Coal Blending Company Limited - Australia
- Energy Link Ltd, New Zealand
- Maharashtra Electricity Regulatory Commission - India
- Bahari Cakrawala Sebuku - Indonesia
- Meenaskhi Energy Private Limited - India
- Eastern Energy - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Binh Thuan Hamico - Vietnam
- Gujarat Sidhee Cement - India
- Ministry of Transport, Egypt
- MS Steel International - UAE
- Pendopo Energi Batubara - Indonesia
- LBH Netherlands Bv - Netherlands
- Bulk Trading Sa - Switzerland
- Coal and Oil Company - UAE
- Straits Asia Resources Limited - Singapore
- Malabar Cements Ltd - India
- Ambuja Cements Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Commonwealth Bank - Australia
- PetroVietnam Power Coal Import and Supply Company
- Port Waratah Coal Services - Australia
- Samtan Co., Ltd - South Korea
- Georgia Ports Authority, United States
- Indonesian Coal Mining Association
- GAC Shipping (India) Pvt Ltd
- IEA Clean Coal Centre - UK
- Electricity Authority, New Zealand
- Indogreen Group - Indonesia
- Bharathi Cement Corporation - India
- Petrochimia International Co. Ltd.- Taiwan
- Kapuas Tunggal Persada - Indonesia
- Petron Corporation, Philippines
- Cement Manufacturers Association - India
- Kohat Cement Company Ltd. - Pakistan
- Ind-Barath Power Infra Limited - India
- Mercator Lines Limited - India
- Aboitiz Power Corporation - Philippines
- Parry Sugars Refinery, India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- International Coal Ventures Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Merrill Lynch Commodities Europe
- Therma Luzon, Inc, Philippines
- Savvy Resources Ltd - HongKong
- San Jose City I Power Corp, Philippines
- Electricity Generating Authority of Thailand
- Semirara Mining and Power Corporation, Philippines
- Anglo American - United Kingdom
- Gujarat Electricity Regulatory Commission - India
- ICICI Bank Limited - India
- SMG Consultants - Indonesia
- Agrawal Coal Company - India
- Videocon Industries ltd - India
- Interocean Group of Companies - India
- Larsen & Toubro Limited - India
- Globalindo Alam Lestari - Indonesia
- Kideco Jaya Agung - Indonesia
- Timah Investasi Mineral - Indoneisa
- Rio Tinto Coal - Australia
- GN Power Mariveles Coal Plant, Philippines
- Orica Australia Pty. Ltd.
- Leighton Contractors Pty Ltd - Australia
- Dalmia Cement Bharat India
- South Luzon Thermal Energy Corporation
- Tamil Nadu electricity Board
- Lanco Infratech Ltd - India
- OPG Power Generation Pvt Ltd - India
- Romanian Commodities Exchange
- Bukit Makmur.PT - Indonesia
- Indian Energy Exchange, India
- Intertek Mineral Services - Indonesia
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