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Friday, 29 May 20
GOVT MAY LAUNCH COAL BLOCKS AUCTION PROCESS UNDER COMMERCIAL MINING ON JUN 11 - PTI
 The Centre is likely to launch the process of coal blocks auction under commercial mining on June 11 and around 50 mines are expected to go under the hammer.
An official on the condition of anonymity said the "government will come out with the notice inviting tender (NIT) for auction of coal mines for sale of coal on June 11."
The official further said around 50 coal blocks are likely to be put on sale.
The coal ministry proposes to launch the auction of coal mines through an event in the national capital followed by a series of events in different parts of the country to create sensitisation on the amendments made in Acts and Rules by the Centre and generate private sector interest and participation, according to a government notice.
In a bid to organise and manage the event the coal ministry will appoint a programme management partner, it said.
The government last week approved a methodology for commercial mining of coal on revenue sharing basis.
The decision was taken during a meeting of the Cabinet Committee on Economic Affairs (CCEA) under the chairmanship of Prime Minister Narendra Modi.
Finance Minister Nirmala Sitharaman while announcing financial package had earlier said coal mines would be auctioned to the private sector for commercial mining to end reliance on imports and improve local production.
The methodology approved by CCEA provides that bid parameter will be revenue share, the government had said adding that bidders would be required to bid for a percentage share of revenue payable to the government.
"The floor price shall be four per cent of the revenue share. Bids would be accepted in multiples of 0.5 per cent of the revenue share till the percentage of revenue share is up to 10 per cent and thereafter bids would be accepted in multiples of 0.25 per cent of the revenue share," the coal ministry had said in a release.
There will be no restriction on the sale and/or utilisation of coal from the coal mine.
Source: PTI
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Tuesday, 09 June 20
BUNKER SUPPLY CONTRACTS - KEY CONSIDERATIONS FOR THE BUYER - GARD
KNOWLEDGE TO ELEVATE
Regardless of whether a buyer purchases fuel directly from physical suppliers or via brokers or traders and whether sale ...
Tuesday, 09 June 20
INDIA: COAL IMPORT DROPS BY 20% TO NEARLY 19 MILLION TONNES IN MAY, SAYS REPORT - HINDUSTAN TIMES
The country’s coal import dropped by 20 per cent to 18.93 million tonnes (MT) last month, industry data showed.
The government ...
Monday, 08 June 20
WOOD MACKENZIE: THE INDISPENSABLE OPEC+
Rumours of “the death of OPEC” have been circulating for almost as long as the organisation has existed. Just three years after the car ...
Monday, 08 June 20
CHINA'S COAL IMPORTS FALL NEARLY 20% IN MAY EVEN AS DEMAND RISES - REUTERS
China’s coal imports in May fell nearly 20% compared with a year earlier even as demand recovered at power plants and industrial users, custo ...
Monday, 08 June 20
JUNE 2020 INDONESIAN COAL PRICE REFERENCE HIT US$ 52.98 A TON, ITS LOWEST LEVEL SINCE AT LEAST AUGUST 2016
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised down again the benchmark price of Indonesian th ...
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- Eastern Energy - Thailand
- Price Waterhouse Coopers - Russia
- Malabar Cements Ltd - India
- Minerals Council of Australia
- Vijayanagar Sugar Pvt Ltd - India
- Sical Logistics Limited - India
- Indo Tambangraya Megah - Indonesia
- Antam Resourcindo - Indonesia
- IHS Mccloskey Coal Group - USA
- Makarim & Taira - Indonesia
- Bayan Resources Tbk. - Indonesia
- TeaM Sual Corporation - Philippines
- Parry Sugars Refinery, India
- Formosa Plastics Group - Taiwan
- Kepco SPC Power Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- PTC India Limited - India
- Romanian Commodities Exchange
- Borneo Indobara - Indonesia
- Indonesian Coal Mining Association
- Latin American Coal - Colombia
- Gujarat Electricity Regulatory Commission - India
- Africa Commodities Group - South Africa
- Economic Council, Georgia
- Sinarmas Energy and Mining - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bukit Makmur.PT - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Carbofer General Trading SA - India
- London Commodity Brokers - England
- Bukit Asam (Persero) Tbk - Indonesia
- Chettinad Cement Corporation Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Planning Commission, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- AsiaOL BioFuels Corp., Philippines
- Posco Energy - South Korea
- Global Coal Blending Company Limited - Australia
- Leighton Contractors Pty Ltd - Australia
- Ministry of Finance - Indonesia
- Orica Mining Services - Indonesia
- CIMB Investment Bank - Malaysia
- South Luzon Thermal Energy Corporation
- Ministry of Mines - Canada
- Jindal Steel & Power Ltd - India
- Straits Asia Resources Limited - Singapore
- Barasentosa Lestari - Indonesia
- Bhoruka Overseas - Indonesia
- Energy Development Corp, Philippines
- Aditya Birla Group - India
- LBH Netherlands Bv - Netherlands
- Savvy Resources Ltd - HongKong
- Alfred C Toepfer International GmbH - Germany
- Meralco Power Generation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Kohat Cement Company Ltd. - Pakistan
- Singapore Mercantile Exchange
- Mjunction Services Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Renaissance Capital - South Africa
- Standard Chartered Bank - UAE
- Orica Australia Pty. Ltd.
- Holcim Trading Pte Ltd - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Kartika Selabumi Mining - Indonesia
- CNBM International Corporation - China
- Therma Luzon, Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Uttam Galva Steels Limited - India
- Electricity Authority, New Zealand
- Electricity Generating Authority of Thailand
- Kapuas Tunggal Persada - Indonesia
- Ind-Barath Power Infra Limited - India
- Vedanta Resources Plc - India
- MS Steel International - UAE
- Sojitz Corporation - Japan
- Indogreen Group - Indonesia
- GAC Shipping (India) Pvt Ltd
- Samtan Co., Ltd - South Korea
- Larsen & Toubro Limited - India
- Intertek Mineral Services - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- GN Power Mariveles Coal Plant, Philippines
- Interocean Group of Companies - India
- Jaiprakash Power Ventures ltd
- Ambuja Cements Ltd - India
- Kumho Petrochemical, South Korea
- Mercator Lines Limited - India
- San Jose City I Power Corp, Philippines
- Star Paper Mills Limited - India
- Petron Corporation, Philippines
- Central Electricity Authority - India
- Semirara Mining Corp, Philippines
- The University of Queensland
- Mercuria Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- Siam City Cement PLC, Thailand
- PowerSource Philippines DevCo
- Bhushan Steel Limited - India
- Coal and Oil Company - UAE
- Altura Mining Limited, Indonesia
- SMG Consultants - Indonesia
- European Bulk Services B.V. - Netherlands
- Thiess Contractors Indonesia
- IEA Clean Coal Centre - UK
- Mintek Dendrill Indonesia
- Attock Cement Pakistan Limited
- Bank of Tokyo Mitsubishi UFJ Ltd
- Oldendorff Carriers - Singapore
- Marubeni Corporation - India
- Cigading International Bulk Terminal - Indonesia
- Independent Power Producers Association of India
- The State Trading Corporation of India Ltd
- Wood Mackenzie - Singapore
- Lanco Infratech Ltd - India
- Trasteel International SA, Italy
- Krishnapatnam Port Company Ltd. - India
- Medco Energi Mining Internasional
- Tata Chemicals Ltd - India
- Toyota Tsusho Corporation, Japan
- Riau Bara Harum - Indonesia
- Coalindo Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Australian Coal Association
- Miang Besar Coal Terminal - Indonesia
- White Energy Company Limited
- Jorong Barutama Greston.PT - Indonesia
- Deloitte Consulting - India
- Vizag Seaport Private Limited - India
- GMR Energy Limited - India
- Salva Resources Pvt Ltd - India
- India Bulls Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- PNOC Exploration Corporation - Philippines
- Australian Commodity Traders Exchange
- Kaltim Prima Coal - Indonesia
- Heidelberg Cement - Germany
- Cement Manufacturers Association - India
- ICICI Bank Limited - India
- Ceylon Electricity Board - Sri Lanka
- PetroVietnam Power Coal Import and Supply Company
- Power Finance Corporation Ltd., India
- Banpu Public Company Limited - Thailand
- Billiton Holdings Pty Ltd - Australia
- Manunggal Multi Energi - Indonesia
- Xindia Steels Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Chamber of Mines of South Africa
- Tamil Nadu electricity Board
- Goldman Sachs - Singapore
- Simpson Spence & Young - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Indian Energy Exchange, India
- Eastern Coal Council - USA
- Bharathi Cement Corporation - India
- Baramulti Group, Indonesia
- Anglo American - United Kingdom
- Semirara Mining and Power Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Bahari Cakrawala Sebuku - Indonesia
- Agrawal Coal Company - India
- Thai Mozambique Logistica
- Gujarat Mineral Development Corp Ltd - India
- Karaikal Port Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Binh Thuan Hamico - Vietnam
- Aboitiz Power Corporation - Philippines
- ASAPP Information Group - India
- GVK Power & Infra Limited - India
- Videocon Industries ltd - India
- SMC Global Power, Philippines
- Parliament of New Zealand
- Directorate General of MIneral and Coal - Indonesia
- VISA Power Limited - India
- Energy Link Ltd, New Zealand
- Indian Oil Corporation Limited
- Georgia Ports Authority, United States
- Siam City Cement - Thailand
- Global Business Power Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Essar Steel Hazira Ltd - India
- Gujarat Sidhee Cement - India
- Global Green Power PLC Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Wilmar Investment Holdings
- Kideco Jaya Agung - Indonesia
- Bukit Baiduri Energy - Indonesia
- Bhatia International Limited - India
- The Treasury - Australian Government
- Madhucon Powers Ltd - India
- Globalindo Alam Lestari - Indonesia
- New Zealand Coal & Carbon
- Sindya Power Generating Company Private Ltd
- Edison Trading Spa - Italy
- Dalmia Cement Bharat India
- Ministry of Transport, Egypt
- SN Aboitiz Power Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Iligan Light & Power Inc, Philippines
- Bulk Trading Sa - Switzerland
- Central Java Power - Indonesia
- Sakthi Sugars Limited - India
- Metalloyd Limited - United Kingdom
- Timah Investasi Mineral - Indoneisa
- Sree Jayajothi Cements Limited - India
- OPG Power Generation Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Grasim Industreis Ltd - India
- Commonwealth Bank - Australia
- Rio Tinto Coal - Australia
- Maharashtra Electricity Regulatory Commission - India
- McConnell Dowell - Australia
- Indika Energy - Indonesia
- Merrill Lynch Commodities Europe
- Port Waratah Coal Services - Australia
- Bangladesh Power Developement Board
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