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Monday, 18 April 22
GOVT IN DISCUSSION WITH WORLD BANK ON FRAMEWORK FOR COAL MINE CLOSURE - BUSINESS STANDARD
The coal ministry is in discussions with the World Bank for collaboration on the mine closure framework, a government official said on Wednesday.
Coal Additional Secretary M Nagaraju said the government is committed to ensuring that mines are properly and scientifically closed for the benefit of the society.
“We are now actually collaborating with the World Bank to develop a coal mine closure framework,” Nagaraju said during a webinar.
Vast experience of the World Bank in handling mine closure cases in different countries will be highly beneficial and facilitate the adoption of the best practices and standards in handling mine closure cases.
The additional secretary also said both renewable energy (RE) and coal will go hand in hand complementing each other for some more time and then RE will take over the energy security of the country.
The ministry had earlier said it is in the process of finalising a robust mine closure framework on three major aspects – institutional governance; people and communities; and environmental reclamation and land re-purposing on the principles of just transition.
The ministry had earlier said that as of now, the Indian coal sector is doing its best to fulfill the country’s energy demand by augmenting coal production. At the same time, it is also taking various initiatives towards adopting the path of sustainable development with an emphasis on care for the environment and the host community.
However, the Indian coal sector, the ministry had said, is relatively new to the concept of systematic mine closure. Mine closure guidelines were first introduced in 2009, re-issued in 2013 and are still evolving.
“As coal mining in India had started long ago, our coalfields are replete with several legacy mines remaining unused for long. In addition, mines are closing and will close in future also due to reasons such as exhaustion of reserves, adverse geo-mining conditions, safety issues, etc,” the ministry had said.
These mine sites should not only be made safe and environmentally stable but the continuity of livelihood should also be ensured for those who were directly or indirectly dependent on the mines, it had said.
Reclaimed lands will also be repurposed for economic use of the community and state, including tourism, sports, forestry, agriculture, horticulture and townships.
The coal ministry has, therefore, envisaged building an all-inclusive comprehensive nationwide mine closure framework to cover legacy mines, recently closed mines and mine closures scheduled to happen in the short term, the statement had said.
Source: Business Standard
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Wednesday, 10 August 22
THE FUTURE OF COAL: EIGHT KEY THEMES FROM THE GLOBAL COAL FORUM - WOOD MACKENZIE
Coal investors face a multi-layered and unavoidable challenge: markets distorted by war, trade constraints and the existential threat of the energy ...
Saturday, 06 August 22
SUMITOMO Q1 PROFIT RISES 45% ON STRONGER PRICES OF COAL, NICKEL - REUTERS
Japanese trading house Sumitomo Corp 8053.T said on Wednesday its net profit for the April-June quarter rose 45% to a record thanks to higher price ...
Saturday, 06 August 22
GERMANY'S ENERGY U-TURN: COAL INSTEAD OF GAS - DEUTSCHE WELLE
Berlin has realized it will never again import as much energy from Russia as before the Ukraine war. So the challenge is to wean Germany off its de ...
Saturday, 30 July 22
NUANCES OF FORCE MAJEURE CLAUSE - BALTIC EXCHANGE
Knowledge to Elevate
In NKD Maritime Limited v. Bart Maritime (No 2) Inc (Shagang Giant) [2022] EWHC 1615 (Comm), Bart Maritime (No 2) Inc (th ...
Saturday, 30 July 22
AEMO URGES QUICKER SHIFT TO RENEWABLES AMID COAL FAILURES AND SOARING FOSSIL FUEL COSTS
The Australian Energy Market Operator has called for an accelerated shift to wind and solar, backed up by batteries and other storage, as a devasta ...
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- Rio Tinto Coal - Australia
- Oldendorff Carriers - Singapore
- CNBM International Corporation - China
- PetroVietnam Power Coal Import and Supply Company
- Electricity Generating Authority of Thailand
- Orica Australia Pty. Ltd.
- Meralco Power Generation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Price Waterhouse Coopers - Russia
- Neyveli Lignite Corporation Ltd, - India
- Tata Chemicals Ltd - India
- Economic Council, Georgia
- Semirara Mining Corp, Philippines
- Indogreen Group - Indonesia
- Ministry of Finance - Indonesia
- Karaikal Port Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- TeaM Sual Corporation - Philippines
- Krishnapatnam Port Company Ltd. - India
- Mercuria Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Sakthi Sugars Limited - India
- Medco Energi Mining Internasional
- SMG Consultants - Indonesia
- Savvy Resources Ltd - HongKong
- Indonesian Coal Mining Association
- Binh Thuan Hamico - Vietnam
- Toyota Tsusho Corporation, Japan
- Banpu Public Company Limited - Thailand
- Agrawal Coal Company - India
- Kaltim Prima Coal - Indonesia
- Romanian Commodities Exchange
- Tamil Nadu electricity Board
- New Zealand Coal & Carbon
- Coal and Oil Company - UAE
- Bahari Cakrawala Sebuku - Indonesia
- European Bulk Services B.V. - Netherlands
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Coastal Gujarat Power Limited - India
- Barasentosa Lestari - Indonesia
- Siam City Cement - Thailand
- AsiaOL BioFuels Corp., Philippines
- OPG Power Generation Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Energy Link Ltd, New Zealand
- Kalimantan Lumbung Energi - Indonesia
- Intertek Mineral Services - Indonesia
- Indo Tambangraya Megah - Indonesia
- Independent Power Producers Association of India
- Bangladesh Power Developement Board
- Australian Commodity Traders Exchange
- GMR Energy Limited - India
- Bukit Baiduri Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Bukit Makmur.PT - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Bhushan Steel Limited - India
- Grasim Industreis Ltd - India
- Bulk Trading Sa - Switzerland
- Riau Bara Harum - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Sidhee Cement - India
- Videocon Industries ltd - India
- Sarangani Energy Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Mjunction Services Limited - India
- Standard Chartered Bank - UAE
- Kumho Petrochemical, South Korea
- GN Power Mariveles Coal Plant, Philippines
- Energy Development Corp, Philippines
- Jindal Steel & Power Ltd - India
- International Coal Ventures Pvt Ltd - India
- Commonwealth Bank - Australia
- Malabar Cements Ltd - India
- Thai Mozambique Logistica
- Sojitz Corporation - Japan
- Ind-Barath Power Infra Limited - India
- Heidelberg Cement - Germany
- McConnell Dowell - Australia
- Formosa Plastics Group - Taiwan
- Coalindo Energy - Indonesia
- Indian Oil Corporation Limited
- Altura Mining Limited, Indonesia
- Indian Energy Exchange, India
- Global Coal Blending Company Limited - Australia
- CIMB Investment Bank - Malaysia
- Larsen & Toubro Limited - India
- Electricity Authority, New Zealand
- Directorate General of MIneral and Coal - Indonesia
- Lanco Infratech Ltd - India
- Jaiprakash Power Ventures ltd
- Posco Energy - South Korea
- Xindia Steels Limited - India
- Eastern Energy - Thailand
- Port Waratah Coal Services - Australia
- IHS Mccloskey Coal Group - USA
- Simpson Spence & Young - Indonesia
- Essar Steel Hazira Ltd - India
- India Bulls Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- Baramulti Group, Indonesia
- The Treasury - Australian Government
- Bhatia International Limited - India
- Ceylon Electricity Board - Sri Lanka
- Anglo American - United Kingdom
- Orica Mining Services - Indonesia
- Meenaskhi Energy Private Limited - India
- Billiton Holdings Pty Ltd - Australia
- Cement Manufacturers Association - India
- Bharathi Cement Corporation - India
- Star Paper Mills Limited - India
- Gujarat Electricity Regulatory Commission - India
- Dalmia Cement Bharat India
- Bayan Resources Tbk. - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Global Green Power PLC Corporation, Philippines
- Carbofer General Trading SA - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Vizag Seaport Private Limited - India
- Vedanta Resources Plc - India
- Ministry of Transport, Egypt
- Straits Asia Resources Limited - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sinarmas Energy and Mining - Indonesia
- Parliament of New Zealand
- Chettinad Cement Corporation Ltd - India
- Sree Jayajothi Cements Limited - India
- Manunggal Multi Energi - Indonesia
- Deloitte Consulting - India
- Timah Investasi Mineral - Indoneisa
- Madhucon Powers Ltd - India
- Australian Coal Association
- Vijayanagar Sugar Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Metalloyd Limited - United Kingdom
- Salva Resources Pvt Ltd - India
- Makarim & Taira - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Kobexindo Tractors - Indoneisa
- White Energy Company Limited
- Power Finance Corporation Ltd., India
- VISA Power Limited - India
- Samtan Co., Ltd - South Korea
- Kohat Cement Company Ltd. - Pakistan
- Pipit Mutiara Jaya. PT, Indonesia
- PNOC Exploration Corporation - Philippines
- Singapore Mercantile Exchange
- Borneo Indobara - Indonesia
- SN Aboitiz Power Inc, Philippines
- Chamber of Mines of South Africa
- Bhoruka Overseas - Indonesia
- SMC Global Power, Philippines
- Edison Trading Spa - Italy
- Thiess Contractors Indonesia
- Central Electricity Authority - India
- Goldman Sachs - Singapore
- Iligan Light & Power Inc, Philippines
- Marubeni Corporation - India
- Therma Luzon, Inc, Philippines
- Renaissance Capital - South Africa
- LBH Netherlands Bv - Netherlands
- Pendopo Energi Batubara - Indonesia
- Global Business Power Corporation, Philippines
- GVK Power & Infra Limited - India
- Eastern Coal Council - USA
- Siam City Cement PLC, Thailand
- MS Steel International - UAE
- Georgia Ports Authority, United States
- ASAPP Information Group - India
- Kepco SPC Power Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- San Jose City I Power Corp, Philippines
- Uttam Galva Steels Limited - India
- Latin American Coal - Colombia
- Interocean Group of Companies - India
- Aditya Birla Group - India
- Central Java Power - Indonesia
- Merrill Lynch Commodities Europe
- Directorate Of Revenue Intelligence - India
- Wilmar Investment Holdings
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- The University of Queensland
- Minerals Council of Australia
- Sindya Power Generating Company Private Ltd
- Maharashtra Electricity Regulatory Commission - India
- IEA Clean Coal Centre - UK
- Globalindo Alam Lestari - Indonesia
- Mercator Lines Limited - India
- Indika Energy - Indonesia
- London Commodity Brokers - England
- Ambuja Cements Ltd - India
- Ministry of Mines - Canada
- Parry Sugars Refinery, India
- Kideco Jaya Agung - Indonesia
- PTC India Limited - India
- Semirara Mining and Power Corporation, Philippines
- Mintek Dendrill Indonesia
- Africa Commodities Group - South Africa
- Miang Besar Coal Terminal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- ICICI Bank Limited - India
- Holcim Trading Pte Ltd - Singapore
- GAC Shipping (India) Pvt Ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Antam Resourcindo - Indonesia
- Petron Corporation, Philippines
- Trasteel International SA, Italy
- Attock Cement Pakistan Limited
- Wood Mackenzie - Singapore
- South Luzon Thermal Energy Corporation
- Sical Logistics Limited - India
- Planning Commission, India
- PowerSource Philippines DevCo
- Gujarat Mineral Development Corp Ltd - India
- The State Trading Corporation of India Ltd
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