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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, 02 June 20
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX DOWN 0.86 PCT - XINHUA
China Taiyuan coal transaction price index stood at 123.95 points Monday, down 0.86 percent week on week.
The index, released by Chi ...
Tuesday, 02 June 20
THE HISTORIC DECLINE OF US COAL - WOOD MACKENZIE
The first commercial power plant in the US was Thomas Edison’s coal-fired Pearl Street station in lower Manhattan, which started operating in ...
Tuesday, 02 June 20
COAL INDIA'S MAY SALES DRIVEN SHARPLY LOWER BY SLUMP IN POWER DEMAND - REUTER
Coal India’s sales fell 23.3% in May as utilities refrained from purchases amid record stockpiles and tepid demand because of a nationwide lo ...
Tuesday, 02 June 20
TUAH TURANGGA AGUNG RECORDED 4.54 MILLION TONS OF COAL SALES IN THE FIRST FOUR MONTHS OF 2020
PT United Tractors Tbk through its subsidiary, PT Tuah Turangga Agung recorded 4.54 million tons of coal sales in the first four months of 2020, up ...
Tuesday, 02 June 20
SOURING SINO-AUSTRALIA TRADE RELATIONS - BALTIC EXCHANGE
Cooling relations between the commodity powerhouses of China and Australia may point to trade troubles ahead when the world emerges from the Covid- ...
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- International Coal Ventures Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Minerals Council of Australia
- GAC Shipping (India) Pvt Ltd
- Kumho Petrochemical, South Korea
- Meralco Power Generation, Philippines
- Price Waterhouse Coopers - Russia
- Dalmia Cement Bharat India
- Bulk Trading Sa - Switzerland
- Medco Energi Mining Internasional
- Eastern Coal Council - USA
- Mercator Lines Limited - India
- Interocean Group of Companies - India
- Altura Mining Limited, Indonesia
- Global Business Power Corporation, Philippines
- Ministry of Mines - Canada
- Bhatia International Limited - India
- Simpson Spence & Young - Indonesia
- Globalindo Alam Lestari - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Edison Trading Spa - Italy
- Australian Commodity Traders Exchange
- Kalimantan Lumbung Energi - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indogreen Group - Indonesia
- Karaikal Port Pvt Ltd - India
- GMR Energy Limited - India
- Binh Thuan Hamico - Vietnam
- Semirara Mining Corp, Philippines
- Toyota Tsusho Corporation, Japan
- Intertek Mineral Services - Indonesia
- Petron Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Cement Manufacturers Association - India
- Riau Bara Harum - Indonesia
- GVK Power & Infra Limited - India
- Mercuria Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Gujarat Sidhee Cement - India
- Agrawal Coal Company - India
- Kobexindo Tractors - Indoneisa
- Mjunction Services Limited - India
- Jindal Steel & Power Ltd - India
- Sree Jayajothi Cements Limited - India
- Borneo Indobara - Indonesia
- Energy Development Corp, Philippines
- Makarim & Taira - Indonesia
- IEA Clean Coal Centre - UK
- Oldendorff Carriers - Singapore
- Parry Sugars Refinery, India
- Vedanta Resources Plc - India
- LBH Netherlands Bv - Netherlands
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indo Tambangraya Megah - Indonesia
- Eastern Energy - Thailand
- AsiaOL BioFuels Corp., Philippines
- Electricity Generating Authority of Thailand
- Rio Tinto Coal - Australia
- Gujarat Electricity Regulatory Commission - India
- The Treasury - Australian Government
- Electricity Authority, New Zealand
- Barasentosa Lestari - Indonesia
- Wood Mackenzie - Singapore
- ICICI Bank Limited - India
- Banpu Public Company Limited - Thailand
- Chettinad Cement Corporation Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Thiess Contractors Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Indian Energy Exchange, India
- Salva Resources Pvt Ltd - India
- Siam City Cement - Thailand
- Posco Energy - South Korea
- Alfred C Toepfer International GmbH - Germany
- PTC India Limited - India
- Jaiprakash Power Ventures ltd
- White Energy Company Limited
- Latin American Coal - Colombia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Ceylon Electricity Board - Sri Lanka
- Pipit Mutiara Jaya. PT, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Kapuas Tunggal Persada - Indonesia
- Goldman Sachs - Singapore
- Holcim Trading Pte Ltd - Singapore
- Sarangani Energy Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Ministry of Transport, Egypt
- Indika Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- India Bulls Power Limited - India
- Iligan Light & Power Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Manunggal Multi Energi - Indonesia
- Straits Asia Resources Limited - Singapore
- Bukit Makmur.PT - Indonesia
- Economic Council, Georgia
- Samtan Co., Ltd - South Korea
- Billiton Holdings Pty Ltd - Australia
- Maharashtra Electricity Regulatory Commission - India
- Jorong Barutama Greston.PT - Indonesia
- VISA Power Limited - India
- Ambuja Cements Ltd - India
- New Zealand Coal & Carbon
- Africa Commodities Group - South Africa
- Coal and Oil Company - UAE
- Tamil Nadu electricity Board
- Indonesian Coal Mining Association
- Tata Chemicals Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Bhushan Steel Limited - India
- Carbofer General Trading SA - India
- Renaissance Capital - South Africa
- Malabar Cements Ltd - India
- Metalloyd Limited - United Kingdom
- Cigading International Bulk Terminal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Bhoruka Overseas - Indonesia
- Trasteel International SA, Italy
- Meenaskhi Energy Private Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Kepco SPC Power Corporation, Philippines
- Formosa Plastics Group - Taiwan
- San Jose City I Power Corp, Philippines
- Madhucon Powers Ltd - India
- Chamber of Mines of South Africa
- SMC Global Power, Philippines
- Coastal Gujarat Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sical Logistics Limited - India
- Global Coal Blending Company Limited - Australia
- Gujarat Mineral Development Corp Ltd - India
- MS Steel International - UAE
- Bangladesh Power Developement Board
- Star Paper Mills Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Timah Investasi Mineral - Indoneisa
- SMG Consultants - Indonesia
- South Luzon Thermal Energy Corporation
- Heidelberg Cement - Germany
- Sinarmas Energy and Mining - Indonesia
- London Commodity Brokers - England
- Leighton Contractors Pty Ltd - Australia
- CNBM International Corporation - China
- Orica Australia Pty. Ltd.
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Lanco Infratech Ltd - India
- Merrill Lynch Commodities Europe
- Georgia Ports Authority, United States
- Ind-Barath Power Infra Limited - India
- Xindia Steels Limited - India
- Directorate Of Revenue Intelligence - India
- Romanian Commodities Exchange
- Bahari Cakrawala Sebuku - Indonesia
- Pendopo Energi Batubara - Indonesia
- Mintek Dendrill Indonesia
- Singapore Mercantile Exchange
- Independent Power Producers Association of India
- Ministry of Finance - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Siam City Cement PLC, Thailand
- PowerSource Philippines DevCo
- Indian Oil Corporation Limited
- Central Java Power - Indonesia
- Aditya Birla Group - India
- Power Finance Corporation Ltd., India
- Wilmar Investment Holdings
- Marubeni Corporation - India
- Australian Coal Association
- Commonwealth Bank - Australia
- Central Electricity Authority - India
- Uttam Galva Steels Limited - India
- Deloitte Consulting - India
- The University of Queensland
- Anglo American - United Kingdom
- Antam Resourcindo - Indonesia
- Parliament of New Zealand
- TeaM Sual Corporation - Philippines
- Energy Link Ltd, New Zealand
- Coalindo Energy - Indonesia
- Videocon Industries ltd - India
- Kideco Jaya Agung - Indonesia
- CIMB Investment Bank - Malaysia
- Larsen & Toubro Limited - India
- Maheswari Brothers Coal Limited - India
- Asmin Koalindo Tuhup - Indonesia
- OPG Power Generation Pvt Ltd - India
- Baramulti Group, Indonesia
- Semirara Mining and Power Corporation, Philippines
- McConnell Dowell - Australia
- Standard Chartered Bank - UAE
- European Bulk Services B.V. - Netherlands
- Kartika Selabumi Mining - Indonesia
- Therma Luzon, Inc, Philippines
- Vizag Seaport Private Limited - India
- Sakthi Sugars Limited - India
- Bukit Baiduri Energy - Indonesia
- Orica Mining Services - Indonesia
- Kaltim Prima Coal - Indonesia
- Attock Cement Pakistan Limited
- Planning Commission, India
- PNOC Exploration Corporation - Philippines
- Aboitiz Power Corporation - Philippines
- Thai Mozambique Logistica
- The State Trading Corporation of India Ltd
- ASAPP Information Group - India
- Miang Besar Coal Terminal - Indonesia
- Grasim Industreis Ltd - India
- Sojitz Corporation - Japan
- Bharathi Cement Corporation - India
- Sindya Power Generating Company Private Ltd
- Port Waratah Coal Services - Australia
- Directorate General of MIneral and Coal - Indonesia
- Savvy Resources Ltd - HongKong
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