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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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Monday, 25 May 20
NON-OPEC OIL SUPPLY DEVELOPMENT - OPEC
Non-OPEC oil supply continued to increase by 2.0 mb/d in 2019, driven by US shale production, which rose by 1.7 mb/d, amounting to 84% of total non ...
Sunday, 24 May 20
A 63,000 FIXED DELIVERY VIETNAM TRIP VIA INDONESIA REDELIVERY KOSICHANG AT $8,500 - BALTIC BRIEFING
Capesize
After a week of bounce momentum the market appears to have stalled out once again. The Capesize 5TC has more than doubled since last F ...
Saturday, 23 May 20
COLOMBIA COAL OUTPUT DOWN 7.2% IN Q1 ON LOW PRICES, CORONAVIRUS LOCKDOWN - REUTERS
Coal production in Colombia, the world’s fifth-largest coal exporter, fell 7.2% in the first quarter because of low prices and coronavirus qu ...
Saturday, 23 May 20
EWP INVITES BIDS FOR 840,000 METRIC TONS OF MIN 5700 NAR COAL
COALspot.com: South Korea’s Korea East-West Power Co. Ltd (EWP) has Issued an International Tender for total Max 840,000 Metric Tons of min 5 ...
Thursday, 21 May 20
KOMIPO INVITED BIDS FOR TOTAL 610000 MT OF LCV AND HCV COAL FOR 2H 2020
COALspot.com: South Korea’s Korea Midland Power Co. Ltd. (KOMIPO) has Issued an International Tender for 130,000 mt of 5700 NCV coal an ...
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- Mjunction Services Limited - India
- Lanco Infratech Ltd - India
- PowerSource Philippines DevCo
- GN Power Mariveles Coal Plant, Philippines
- Kartika Selabumi Mining - Indonesia
- Kumho Petrochemical, South Korea
- TeaM Sual Corporation - Philippines
- SN Aboitiz Power Inc, Philippines
- Ministry of Mines - Canada
- The Treasury - Australian Government
- Globalindo Alam Lestari - Indonesia
- Electricity Generating Authority of Thailand
- Global Coal Blending Company Limited - Australia
- Aditya Birla Group - India
- McConnell Dowell - Australia
- Energy Development Corp, Philippines
- The State Trading Corporation of India Ltd
- Independent Power Producers Association of India
- Bukit Asam (Persero) Tbk - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- European Bulk Services B.V. - Netherlands
- Ministry of Transport, Egypt
- Rio Tinto Coal - Australia
- Edison Trading Spa - Italy
- Billiton Holdings Pty Ltd - Australia
- Coastal Gujarat Power Limited - India
- Grasim Industreis Ltd - India
- Bangladesh Power Developement Board
- PTC India Limited - India
- Karaikal Port Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Minerals Council of Australia
- Carbofer General Trading SA - India
- Eastern Coal Council - USA
- Mercuria Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kideco Jaya Agung - Indonesia
- Mercator Lines Limited - India
- Coal and Oil Company - UAE
- Maheswari Brothers Coal Limited - India
- Riau Bara Harum - Indonesia
- Larsen & Toubro Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- London Commodity Brokers - England
- Mintek Dendrill Indonesia
- Siam City Cement PLC, Thailand
- South Luzon Thermal Energy Corporation
- Merrill Lynch Commodities Europe
- New Zealand Coal & Carbon
- Leighton Contractors Pty Ltd - Australia
- GAC Shipping (India) Pvt Ltd
- Metalloyd Limited - United Kingdom
- Thiess Contractors Indonesia
- Bhoruka Overseas - Indonesia
- Standard Chartered Bank - UAE
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- White Energy Company Limited
- GVK Power & Infra Limited - India
- IHS Mccloskey Coal Group - USA
- Vedanta Resources Plc - India
- Economic Council, Georgia
- CIMB Investment Bank - Malaysia
- Ministry of Finance - Indonesia
- Eastern Energy - Thailand
- Star Paper Mills Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Jaiprakash Power Ventures ltd
- Cement Manufacturers Association - India
- Orica Mining Services - Indonesia
- Agrawal Coal Company - India
- ASAPP Information Group - India
- PetroVietnam Power Coal Import and Supply Company
- Australian Coal Association
- India Bulls Power Limited - India
- Intertek Mineral Services - Indonesia
- SMC Global Power, Philippines
- Sarangani Energy Corporation, Philippines
- Indian Oil Corporation Limited
- Manunggal Multi Energi - Indonesia
- Bharathi Cement Corporation - India
- Borneo Indobara - Indonesia
- Iligan Light & Power Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- CNBM International Corporation - China
- Formosa Plastics Group - Taiwan
- Bukit Baiduri Energy - Indonesia
- The University of Queensland
- Alfred C Toepfer International GmbH - Germany
- Indika Energy - Indonesia
- Videocon Industries ltd - India
- VISA Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Coalindo Energy - Indonesia
- Parliament of New Zealand
- Sree Jayajothi Cements Limited - India
- Marubeni Corporation - India
- Kaltim Prima Coal - Indonesia
- Simpson Spence & Young - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Bhushan Steel Limited - India
- Anglo American - United Kingdom
- Sindya Power Generating Company Private Ltd
- Central Electricity Authority - India
- Deloitte Consulting - India
- Singapore Mercantile Exchange
- Kapuas Tunggal Persada - Indonesia
- Sakthi Sugars Limited - India
- Georgia Ports Authority, United States
- Indian Energy Exchange, India
- Jindal Steel & Power Ltd - India
- Thai Mozambique Logistica
- Latin American Coal - Colombia
- Cigading International Bulk Terminal - Indonesia
- Essar Steel Hazira Ltd - India
- Price Waterhouse Coopers - Russia
- Ambuja Cements Ltd - India
- Medco Energi Mining Internasional
- Therma Luzon, Inc, Philippines
- Port Waratah Coal Services - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sical Logistics Limited - India
- Semirara Mining Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- Indogreen Group - Indonesia
- Antam Resourcindo - Indonesia
- AsiaOL BioFuels Corp., Philippines
- SMG Consultants - Indonesia
- Sojitz Corporation - Japan
- Directorate General of MIneral and Coal - Indonesia
- Binh Thuan Hamico - Vietnam
- Kalimantan Lumbung Energi - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Ind-Barath Power Infra Limited - India
- Goldman Sachs - Singapore
- Electricity Authority, New Zealand
- Semirara Mining and Power Corporation, Philippines
- Heidelberg Cement - Germany
- Wilmar Investment Holdings
- Romanian Commodities Exchange
- Planning Commission, India
- Meralco Power Generation, Philippines
- MS Steel International - UAE
- Savvy Resources Ltd - HongKong
- Miang Besar Coal Terminal - Indonesia
- IEA Clean Coal Centre - UK
- Toyota Tsusho Corporation, Japan
- Maharashtra Electricity Regulatory Commission - India
- Salva Resources Pvt Ltd - India
- Malabar Cements Ltd - India
- GMR Energy Limited - India
- Posco Energy - South Korea
- Africa Commodities Group - South Africa
- Global Business Power Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Dalmia Cement Bharat India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Green Power PLC Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indonesian Coal Mining Association
- PNOC Exploration Corporation - Philippines
- Madhucon Powers Ltd - India
- Power Finance Corporation Ltd., India
- Barasentosa Lestari - Indonesia
- Commonwealth Bank - Australia
- Oldendorff Carriers - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Tamil Nadu electricity Board
- Attock Cement Pakistan Limited
- Sinarmas Energy and Mining - Indonesia
- Gujarat Sidhee Cement - India
- Directorate Of Revenue Intelligence - India
- Chamber of Mines of South Africa
- Petrochimia International Co. Ltd.- Taiwan
- Kepco SPC Power Corporation, Philippines
- Siam City Cement - Thailand
- Pendopo Energi Batubara - Indonesia
- OPG Power Generation Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Chettinad Cement Corporation Ltd - India
- Straits Asia Resources Limited - Singapore
- Makarim & Taira - Indonesia
- Central Java Power - Indonesia
- Altura Mining Limited, Indonesia
- Aboitiz Power Corporation - Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Bhatia International Limited - India
- Bulk Trading Sa - Switzerland
- Holcim Trading Pte Ltd - Singapore
- Baramulti Group, Indonesia
- Banpu Public Company Limited - Thailand
- San Jose City I Power Corp, Philippines
- Rashtriya Ispat Nigam Limited - India
- Kobexindo Tractors - Indoneisa
- Krishnapatnam Port Company Ltd. - India
- Vizag Seaport Private Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Gujarat Electricity Regulatory Commission - India
- Trasteel International SA, Italy
- Timah Investasi Mineral - Indoneisa
- Tata Chemicals Ltd - India
- Meenaskhi Energy Private Limited - India
- ICICI Bank Limited - India
- Uttam Galva Steels Limited - India
- Renaissance Capital - South Africa
- Petron Corporation, Philippines
- Parry Sugars Refinery, India
- LBH Netherlands Bv - Netherlands
- Bukit Makmur.PT - Indonesia
- Interocean Group of Companies - India
- Australian Commodity Traders Exchange
- Xindia Steels Limited - India
- Wood Mackenzie - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Jorong Barutama Greston.PT - Indonesia
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