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Monday, 15 February 10
PVT ENTRY IN COAL MINING TO BE DELAYED
 Entry of private players in coal mining will be delayed. Contrary to expectations, the coal ministry will not move in the Budget session a bill that would allow auctioning of coal mines to companies without the restriction of captive use.
The postponement comes in the wake of a decision taken by the PM’s Energy Coordination Committee that the bill should be moved only after a consensus is arrived. The committee had taken the decision after the bill was stalled in the face of stiff opposition from trade unions.
The government had asked a ministerial panel under finance minister’s chairmanship to examine the matter and ordered the Planning Commission to prepare a report. The panel has to make specific recommendations on policy measures on exploration and mining of coal.
But in the Budget season, the bill has taken a back seat. The bill has been hanging fire since 2000 when it was moved in the Rajya Sabha. It was cleared by the standing committee in 2001 but no progress was made in the face of stiff opposition from trade unions. At present, private industries are allowed a role in coal mining only for captive use.
The coal ministry has been proposing to opt for a lumpsum payment route for auctioning coal blocks, instead of royalty and profit-share system being followed in case of handing out oil or gas concessions. The bid amount will be realised in instalments over 10 years. Bidders will be asked to make their offer above the floor price worked out on the basis of the government’s estimate of coal reserves in a block.
On June 20 last year, TOI first reported that the ministry was moving to set up a regulator in six months or so before opening up coal mining to private players through the open bidding system.
Source : Times of India
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Thursday, 18 February 10
THE INDIAN MARKET IS FIRMING A BIT, DUE TO LACK OF TONNAGE IN THE REGION
HANDY
The BSI still decline as holidays around the world have reduced trading.
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Thursday, 18 February 10
COAL MINERS FACE SHUTDOWN OVER RECLAMATION FUNDING
Three coal mining companies may be forced to temporarily stop operations this year if they fail to provide funding for a site-reclamation program.
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Thursday, 18 February 10
DECOUPLING FROM OIL PRICES ON STRONG GLOBAL ENERGY DEMAND
A recent coal market conference in Singapore focused on two main issues –— the demand for coal as a source of energy, and coal pricing.& ...
Thursday, 18 February 10
INDONESIA TO INVITE BIDS FOR $1.5 BLN COAL RAILWAY IN MAY
Indonesia plans to invite investors to bid for contracts to build a $1.5 billion coal railway line in Central Kalimantan, a planning ministry offici ...
Thursday, 18 February 10
INDONESIA ZONING RULE THREATENS MINING - INDUSTRY
Reuters reported that, confusion over a new Indonesian land use regulation could halt the operations of some mining firms, providing a new threat to ...
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- Bhoruka Overseas - Indonesia
- Economic Council, Georgia
- Petrochimia International Co. Ltd.- Taiwan
- Central Java Power - Indonesia
- Sakthi Sugars Limited - India
- Therma Luzon, Inc, Philippines
- Jaiprakash Power Ventures ltd
- Eastern Energy - Thailand
- Deloitte Consulting - India
- Latin American Coal - Colombia
- Chettinad Cement Corporation Ltd - India
- Tata Chemicals Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- GN Power Mariveles Coal Plant, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- TeaM Sual Corporation - Philippines
- Aboitiz Power Corporation - Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Minerals Council of Australia
- Global Business Power Corporation, Philippines
- Ministry of Mines - Canada
- Semirara Mining Corp, Philippines
- Riau Bara Harum - Indonesia
- Oldendorff Carriers - Singapore
- Kideco Jaya Agung - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Borneo Indobara - Indonesia
- Kumho Petrochemical, South Korea
- Simpson Spence & Young - Indonesia
- Rio Tinto Coal - Australia
- MS Steel International - UAE
- Price Waterhouse Coopers - Russia
- Mercator Lines Limited - India
- San Jose City I Power Corp, Philippines
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- Intertek Mineral Services - Indonesia
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- Kapuas Tunggal Persada - Indonesia
- Siam City Cement PLC, Thailand
- Asmin Koalindo Tuhup - Indonesia
- Marubeni Corporation - India
- Rashtriya Ispat Nigam Limited - India
- International Coal Ventures Pvt Ltd - India
- The Treasury - Australian Government
- Bharathi Cement Corporation - India
- Barasentosa Lestari - Indonesia
- Mercuria Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Grasim Industreis Ltd - India
- Anglo American - United Kingdom
- Siam City Cement - Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Kobexindo Tractors - Indoneisa
- Miang Besar Coal Terminal - Indonesia
- Meenaskhi Energy Private Limited - India
- ICICI Bank Limited - India
- Australian Commodity Traders Exchange
- Coastal Gujarat Power Limited - India
- Ambuja Cements Ltd - India
- London Commodity Brokers - England
- Leighton Contractors Pty Ltd - Australia
- Coalindo Energy - Indonesia
- Georgia Ports Authority, United States
- Electricity Authority, New Zealand
- Kalimantan Lumbung Energi - Indonesia
- Videocon Industries ltd - India
- Essar Steel Hazira Ltd - India
- Altura Mining Limited, Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Lanco Infratech Ltd - India
- Bangladesh Power Developement Board
- SN Aboitiz Power Inc, Philippines
- Energy Development Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Attock Cement Pakistan Limited
- Orica Australia Pty. Ltd.
- Electricity Generating Authority of Thailand
- Timah Investasi Mineral - Indoneisa
- Global Coal Blending Company Limited - Australia
- LBH Netherlands Bv - Netherlands
- Banpu Public Company Limited - Thailand
- Standard Chartered Bank - UAE
- Central Electricity Authority - India
- Neyveli Lignite Corporation Ltd, - India
- New Zealand Coal & Carbon
- Aditya Birla Group - India
- Commonwealth Bank - Australia
- Indonesian Coal Mining Association
- Mjunction Services Limited - India
- Globalindo Alam Lestari - Indonesia
- IEA Clean Coal Centre - UK
- AsiaOL BioFuels Corp., Philippines
- Xindia Steels Limited - India
- Indika Energy - Indonesia
- Independent Power Producers Association of India
- Sojitz Corporation - Japan
- Karaikal Port Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- IHS Mccloskey Coal Group - USA
- Romanian Commodities Exchange
- Wood Mackenzie - Singapore
- South Luzon Thermal Energy Corporation
- Kartika Selabumi Mining - Indonesia
- Sindya Power Generating Company Private Ltd
- Billiton Holdings Pty Ltd - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Petron Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Manunggal Multi Energi - Indonesia
- The State Trading Corporation of India Ltd
- Sical Logistics Limited - India
- Ceylon Electricity Board - Sri Lanka
- Sinarmas Energy and Mining - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Merrill Lynch Commodities Europe
- GVK Power & Infra Limited - India
- Planning Commission, India
- Global Green Power PLC Corporation, Philippines
- Cement Manufacturers Association - India
- Coal and Oil Company - UAE
- White Energy Company Limited
- Indian Oil Corporation Limited
- Metalloyd Limited - United Kingdom
- Ministry of Finance - Indonesia
- PowerSource Philippines DevCo
- Thiess Contractors Indonesia
- Star Paper Mills Limited - India
- Alfred C Toepfer International GmbH - Germany
- Makarim & Taira - Indonesia
- Singapore Mercantile Exchange
- Malabar Cements Ltd - India
- CIMB Investment Bank - Malaysia
- Kohat Cement Company Ltd. - Pakistan
- Australian Coal Association
- Heidelberg Cement - Germany
- Directorate Of Revenue Intelligence - India
- Power Finance Corporation Ltd., India
- GMR Energy Limited - India
- Chamber of Mines of South Africa
- Gujarat Sidhee Cement - India
- Formosa Plastics Group - Taiwan
- Gujarat Mineral Development Corp Ltd - India
- Bukit Makmur.PT - Indonesia
- Binh Thuan Hamico - Vietnam
- Ind-Barath Power Infra Limited - India
- PTC India Limited - India
- Toyota Tsusho Corporation, Japan
- Port Waratah Coal Services - Australia
- Samtan Co., Ltd - South Korea
- Bhatia International Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Parry Sugars Refinery, India
- Agrawal Coal Company - India
- OPG Power Generation Pvt Ltd - India
- Baramulti Group, Indonesia
- European Bulk Services B.V. - Netherlands
- VISA Power Limited - India
- PNOC Exploration Corporation - Philippines
- Madhucon Powers Ltd - India
- Mintek Dendrill Indonesia
- Trasteel International SA, Italy
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Karbindo Abesyapradhi - Indoneisa
- Carbofer General Trading SA - India
- Eastern Coal Council - USA
- Uttam Galva Steels Limited - India
- Renaissance Capital - South Africa
- Africa Commodities Group - South Africa
- Indogreen Group - Indonesia
- Antam Resourcindo - Indonesia
- Edison Trading Spa - Italy
- Kepco SPC Power Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Goldman Sachs - Singapore
- Indo Tambangraya Megah - Indonesia
- Salva Resources Pvt Ltd - India
- Vizag Seaport Private Limited - India
- The University of Queensland
- Maheswari Brothers Coal Limited - India
- Medco Energi Mining Internasional
- CNBM International Corporation - China
- PetroVietnam Power Coal Import and Supply Company
- Indian Energy Exchange, India
- Savvy Resources Ltd - HongKong
- Bhushan Steel Limited - India
- Bayan Resources Tbk. - Indonesia
- Larsen & Toubro Limited - India
- McConnell Dowell - Australia
- Ministry of Transport, Egypt
- Dalmia Cement Bharat India
- Wilmar Investment Holdings
- Straits Asia Resources Limited - Singapore
- Bulk Trading Sa - Switzerland
- Bukit Baiduri Energy - Indonesia
- Jindal Steel & Power Ltd - India
- Interocean Group of Companies - India
- Parliament of New Zealand
- GAC Shipping (India) Pvt Ltd
- Thai Mozambique Logistica
- Holcim Trading Pte Ltd - Singapore
- ASAPP Information Group - India
- Semirara Mining and Power Corporation, Philippines
- Posco Energy - South Korea
- Vedanta Resources Plc - India
- Pendopo Energi Batubara - Indonesia
- Sarangani Energy Corporation, Philippines
- India Bulls Power Limited - India
- Energy Link Ltd, New Zealand
- Bank of Tokyo Mitsubishi UFJ Ltd
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- SMG Consultants - Indonesia
- Iligan Light & Power Inc, Philippines
- Orica Mining Services - Indonesia
- Krishnapatnam Port Company Ltd. - India
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