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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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Friday, 29 May 20
DRY BULK SHIPPING: NO QUICK RECOVERY FOR THE DRY BULK MARKET AS COVID-19 DIGS DEEPER
The outlook is poor for dry bulk, as the negative demand shock and overcapacity come together to send rates to multi-year lows, even a return to wo ...
Thursday, 28 May 20
COVID-19: A FORCE MAJEURE EVENT? - KYPRIANOU
KNOWLEDGE TO ELEVATE
While seeing the unexpected COVID-19 outbreak expanding worldwide and the first cases being identified in Cyprus, the com ...
Thursday, 28 May 20
OIL DEMAND RECOVERED BY 20% IN MAY AGAINST APRIL: RUSSIAN ENERGY MINISTER - TASS
Oil demand remains at a low level but the demand in May increased by 20% against April, Russian Energy Minister Alexander Novak said, cited by the ...
Thursday, 28 May 20
MARKET INSIGHT - INTERMODAL
Earlier in May, China’s top leaders convened for the annual National People's Congress, following over two months of delays due to the co ...
Wednesday, 27 May 20
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX UP 0.94 PCT - XINHUA
China Taiyuan coal transaction price index stood at 125.03 points Monday, up 0.94 percent week on week.
The index, released by China ...
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- Meenaskhi Energy Private Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Orica Mining Services - Indonesia
- Sakthi Sugars Limited - India
- Rio Tinto Coal - Australia
- Aditya Birla Group - India
- Madhucon Powers Ltd - India
- Global Green Power PLC Corporation, Philippines
- Vedanta Resources Plc - India
- Coastal Gujarat Power Limited - India
- Toyota Tsusho Corporation, Japan
- Alfred C Toepfer International GmbH - Germany
- The Treasury - Australian Government
- Bank of Tokyo Mitsubishi UFJ Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indika Energy - Indonesia
- Orica Australia Pty. Ltd.
- Georgia Ports Authority, United States
- Renaissance Capital - South Africa
- Africa Commodities Group - South Africa
- Kumho Petrochemical, South Korea
- Neyveli Lignite Corporation Ltd, - India
- Semirara Mining and Power Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Kobexindo Tractors - Indoneisa
- Trasteel International SA, Italy
- Miang Besar Coal Terminal - Indonesia
- Indian Oil Corporation Limited
- Energy Development Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Electricity Authority, New Zealand
- Bhatia International Limited - India
- Chettinad Cement Corporation Ltd - India
- Global Business Power Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Indian Energy Exchange, India
- Pendopo Energi Batubara - Indonesia
- TeaM Sual Corporation - Philippines
- Marubeni Corporation - India
- Thiess Contractors Indonesia
- Coal and Oil Company - UAE
- Timah Investasi Mineral - Indoneisa
- PowerSource Philippines DevCo
- GN Power Mariveles Coal Plant, Philippines
- South Luzon Thermal Energy Corporation
- Sindya Power Generating Company Private Ltd
- Ceylon Electricity Board - Sri Lanka
- Wilmar Investment Holdings
- Riau Bara Harum - Indonesia
- Edison Trading Spa - Italy
- Straits Asia Resources Limited - Singapore
- Malabar Cements Ltd - India
- Karaikal Port Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Uttam Galva Steels Limited - India
- Formosa Plastics Group - Taiwan
- White Energy Company Limited
- Global Coal Blending Company Limited - Australia
- Essar Steel Hazira Ltd - India
- Price Waterhouse Coopers - Russia
- Bhushan Steel Limited - India
- Sojitz Corporation - Japan
- Videocon Industries ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Vijayanagar Sugar Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Kartika Selabumi Mining - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- IEA Clean Coal Centre - UK
- Jindal Steel & Power Ltd - India
- Heidelberg Cement - Germany
- Independent Power Producers Association of India
- Directorate General of MIneral and Coal - Indonesia
- Goldman Sachs - Singapore
- Larsen & Toubro Limited - India
- International Coal Ventures Pvt Ltd - India
- Eastern Energy - Thailand
- Mjunction Services Limited - India
- Iligan Light & Power Inc, Philippines
- Jaiprakash Power Ventures ltd
- Bukit Makmur.PT - Indonesia
- Directorate Of Revenue Intelligence - India
- Aboitiz Power Corporation - Philippines
- Interocean Group of Companies - India
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- Star Paper Mills Limited - India
- Romanian Commodities Exchange
- Power Finance Corporation Ltd., India
- San Jose City I Power Corp, Philippines
- Vizag Seaport Private Limited - India
- McConnell Dowell - Australia
- Ministry of Transport, Egypt
- VISA Power Limited - India
- Leighton Contractors Pty Ltd - Australia
- Kaltim Prima Coal - Indonesia
- Posco Energy - South Korea
- Cigading International Bulk Terminal - Indonesia
- Samtan Co., Ltd - South Korea
- Siam City Cement PLC, Thailand
- Australian Coal Association
- TNB Fuel Sdn Bhd - Malaysia
- Xindia Steels Limited - India
- Ministry of Mines - Canada
- Economic Council, Georgia
- Intertek Mineral Services - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Ambuja Cements Ltd - India
- Minerals Council of Australia
- Australian Commodity Traders Exchange
- Simpson Spence & Young - Indonesia
- Antam Resourcindo - Indonesia
- Ministry of Finance - Indonesia
- Bayan Resources Tbk. - Indonesia
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- GVK Power & Infra Limited - India
- Globalindo Alam Lestari - Indonesia
- Electricity Generating Authority of Thailand
- Sree Jayajothi Cements Limited - India
- Grasim Industreis Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Sical Logistics Limited - India
- Chamber of Mines of South Africa
- Borneo Indobara - Indonesia
- Bangladesh Power Developement Board
- Savvy Resources Ltd - HongKong
- Agrawal Coal Company - India
- Mercuria Energy - Indonesia
- Attock Cement Pakistan Limited
- Parliament of New Zealand
- Oldendorff Carriers - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GMR Energy Limited - India
- Thai Mozambique Logistica
- Meralco Power Generation, Philippines
- India Bulls Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- Singapore Mercantile Exchange
- Gujarat Sidhee Cement - India
- Lanco Infratech Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Deloitte Consulting - India
- Tata Chemicals Ltd - India
- Medco Energi Mining Internasional
- The University of Queensland
- Indo Tambangraya Megah - Indonesia
- Bukit Baiduri Energy - Indonesia
- Standard Chartered Bank - UAE
- Energy Link Ltd, New Zealand
- London Commodity Brokers - England
- Banpu Public Company Limited - Thailand
- CNBM International Corporation - China
- IHS Mccloskey Coal Group - USA
- PNOC Exploration Corporation - Philippines
- New Zealand Coal & Carbon
- Binh Thuan Hamico - Vietnam
- Billiton Holdings Pty Ltd - Australia
- Mercator Lines Limited - India
- ASAPP Information Group - India
- Parry Sugars Refinery, India
- Coalindo Energy - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Sarangani Energy Corporation, Philippines
- Siam City Cement - Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Commonwealth Bank - Australia
- SN Aboitiz Power Inc, Philippines
- Cement Manufacturers Association - India
- Kohat Cement Company Ltd. - Pakistan
- Merrill Lynch Commodities Europe
- Salva Resources Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Holcim Trading Pte Ltd - Singapore
- Indogreen Group - Indonesia
- Baramulti Group, Indonesia
- Latin American Coal - Colombia
- Metalloyd Limited - United Kingdom
- Semirara Mining Corp, Philippines
- SMC Global Power, Philippines
- Makarim & Taira - Indonesia
- Manunggal Multi Energi - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Bahari Cakrawala Sebuku - Indonesia
- ICICI Bank Limited - India
- Central Java Power - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Mintek Dendrill Indonesia
- Port Waratah Coal Services - Australia
- Wood Mackenzie - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Eastern Coal Council - USA
- CIMB Investment Bank - Malaysia
- European Bulk Services B.V. - Netherlands
- Gujarat Electricity Regulatory Commission - India
- Carbofer General Trading SA - India
- Indonesian Coal Mining Association
- Altura Mining Limited, Indonesia
- Barasentosa Lestari - Indonesia
- Tamil Nadu electricity Board
- LBH Netherlands Bv - Netherlands
- Petron Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- PTC India Limited - India
- Planning Commission, India
- Central Electricity Authority - India
- The State Trading Corporation of India Ltd
- Maheswari Brothers Coal Limited - India
- Dalmia Cement Bharat India
- Bhoruka Overseas - Indonesia
- Therma Luzon, Inc, Philippines
- SMG Consultants - Indonesia
- MS Steel International - UAE
- Bharathi Cement Corporation - India
- OPG Power Generation Pvt Ltd - India
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