COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
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



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Wednesday, 10 February 10
ANGLO AMERICAN TIPS COAL PRICE RISE AFTER RAIN, AUSTRALIAN SAYS
Anglo American Plc expects coking coal contract prices to rise after weeks of heavy rain in Queensland state cut output by as much as 10 million met ...


Wednesday, 10 February 10
KANGAROO RESOURCES COMMENCES MINING AT MAMAHAK COKING COAL PROJECT
International coal producer Kangaroo Resources has kicked off mining at its second Indonesian coal operation, the Mamahak Coking Coal Project in Eas ...


Wednesday, 10 February 10
CHINA DENIES CLIVE PALMER'S COAL DEAL
ONE of China's biggest government-owned companies yesterday repudiated mining billionaire Clive Palmer for overstating what he said was Australia' ...


Tuesday, 09 February 10
INDIANS SAY SEEKING COAL BARGAINS VIA INDEX PRICES
* Indonesian cheaper than S.African - traders * End-users wait for price falls before tendering Indian coal traders responsible for the bulk of ...


Tuesday, 09 February 10
EURO COAL-PROMPT SLIDES WITH OIL PRICES
* April S.African cargo trades at $83.50/T FOB, unchanged * April DES cargo trades at $74.75 a tonne, down $1/T * Russia's Kuzbassrazrezugol sees ...


   1201 1202 1203 1204 1205   
Showing 6011 to 6015 news of total 6871
News by Category
Popular News
 
Total Members : 28,619
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Vedanta Resources Plc - India
  • Kalimantan Lumbung Energi - Indonesia
  • Baramulti Group, Indonesia
  • Adaro Indonesia
  • Asia Cement - Taiwan
  • Africa Commodities Group - South Africa
  • Mercuria Energy - Indonesia
  • McConnell Dowell - Australia
  • World Bank
  • Orica Mining Services - Indonesia
  • J M Baxi & Co - India
  • Cemex - Philippines
  • Petrochimia International Co. Ltd.- Taiwan
  • WorleyParsons
  • The University of Queensland
  • Kartika Selabumi Mining - Indonesia
  • Shree Cement - India
  • The State Trading Corporation of India Ltd
  • Mercator Lines Limited - India
  • Geoservices-GeoAssay Lab
  • Idemitsu - Japan
  • Posco Energy - South Korea
  • Cosco
  • Credit Suisse - India
  • ICICI Bank Limited - India
  • Intertek Mineral Services - Indonesia
  • Georgia Ports Authority, United States
  • Vijayanagar Sugar Pvt Ltd - India
  • ANZ Bank - Australia
  • PLN - Indonesia
  • Savvy Resources Ltd - HongKong
  • Fearnleys - India
  • Thai Mozambique Logistica
  • IHS Mccloskey Coal Group - USA
  • Therma Luzon, Inc, Philippines
  • Rudhra Energy - India
  • CIMB Investment Bank - Malaysia
  • U S Energy Resources
  • Directorate Of Revenue Intelligence - India
  • KPCL - India
  • Permata Bank - Indonesia
  • Maruti Cements - India
  • TANGEDCO India
  • Bharathi Cement Corporation - India
  • Samsung - South Korea
  • Toyota Tsusho Corporation, Japan
  • Indian Oil Corporation Limited
  • Adani Power Ltd - India
  • Tata Chemicals Ltd - India
  • The Treasury - Australian Government
  • Thriveni
  • Ambuja Cements Ltd - India
  • Wilmar Investment Holdings
  • JPMorgan - India
  • Gupta Coal India Ltd
  • NALCO India
  • Tamil Nadu electricity Board
  • Neyveli Lignite Corporation Ltd, - India
  • APGENCO India
  • Kumho Petrochemical, South Korea
  • Maheswari Brothers Coal Limited - India
  • Renaissance Capital - South Africa
  • KEPCO - South Korea
  • TNPL - India
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • RBS Sempra - UK
  • Indo Tambangraya Megah - Indonesia
  • Australian Commodity Traders Exchange
  • Electricity Authority, New Zealand
  • Global Coal Blending Company Limited - Australia
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • KOWEPO - South Korea
  • VISA Power Limited - India
  • UOB Asia (HK) Ltd
  • Independent Power Producers Association of India
  • Trasteel International SA, Italy
  • LBH Netherlands Bv - Netherlands
  • South Luzon Thermal Energy Corporation
  • GVK Power & Infra Limited - India
  • Straits Asia Resources Limited - Singapore
  • Agrawal Coal Company - India
  • Rio Tinto Coal - Australia
  • Videocon Industries ltd - India
  • Kobe Steel Ltd - Japan
  • Panama Canal Authority
  • SMG Consultants - Indonesia
  • EMO - The Netherlands
  • Maybank - Singapore
  • Semirara Mining Corp, Philippines
  • GNFC Limited - India
  • Bank of China, Malaysia
  • Essar Steel Hazira Ltd - India
  • India Bulls Power Limited - India
  • Qatrana Cement - Jordan
  • SASOL - South Africa
  • Sojitz Corporation - Japan
  • Coal Orbis AG
  • Eastern Energy - Thailand
  • World Coal - UK
  • Global Business Power Corporation, Philippines
  • Romanian Commodities Exchange
  • Edison Trading Spa - Italy
  • TRAFIGURA, South Korea
  • Carbofer General Trading SA - India
  • Borneo Indobara - Indonesia
  • Krishnapatnam Port Company Ltd. - India
  • Coalindo Energy - Indonesia
  • Mintek Dendrill Indonesia
  • Directorate General of MIneral and Coal - Indonesia
  • Ind-Barath Power Infra Limited - India
  • Indonesia Power. PT
  • Xindia Steels Limited - India
  • Mjunction Services Limited - India
  • Thiess Contractors Indonesia
  • Billiton Holdings Pty Ltd - Australia
  • Shenhua Group - China
  • Bukit Asam (Persero) Tbk - Indonesia
  • Electricity Generating Authority of Thailand
  • Bhoruka Overseas - Indonesia
  • Total Coal South Africa
  • Kobexindo Tractors - Indoneisa
  • Riau Bara Harum - Indonesia
  • JPower - Japan
  • OPG Power Generation Pvt Ltd - India
  • Jatenergy - Australia
  • Siam City Cement PLC, Thailand
  • Eastern Coal Council - USA
  • SRK Consulting
  • Bukit Makmur.PT - Indonesia
  • Clarksons - UK
  • GAC Shipping (India) Pvt Ltd
  • Attock Cement Pakistan Limited
  • Cigading International Bulk Terminal - Indonesia
  • Glencore India Pvt. Ltd
  • Cargill India Pvt Ltd
  • PetroVietnam
  • Miang Besar Coal Terminal - Indonesia
  • Sakthi Sugars Limited - India
  • Orica Australia Pty. Ltd.
  • Vizag Seaport Private Limited - India
  • Tata Power - India
  • Planning Commission, India
  • Indian School of Mines
  • UBS Singapore
  • Merrill Lynch Bank
  • Bangladesh Power Developement Board
  • Dalmia Cement Bharat India
  • Medco Energi Mining Internasional
  • Metalloyd Limited - United Kingdom
  • Jorong Barutama Greston.PT - Indonesia
  • Ministry of Transport, Egypt
  • Star Paper Mills Limited - India
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Tanito Harum - Indonesia
  • European Bulk Services B.V. - Netherlands
  • ING Bank NV - Singapore
  • Coeclerici Indonesia
  • Alfred C Toepfer International GmbH - Germany
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Antam Resourcindo - Indonesia
  • IMC Shipping - Singapore
  • Arutmin Indonesia
  • Maharashtra Electricity Regulatory Commission - India
  • Larsen & Toubro Limited - India
  • Pipit Mutiara Jaya. PT, Indonesia
  • PTC India Limited - India
  • Madhucon Powers Ltd - India
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Mitsubishi Corporation
  • Power Finance Corporation Ltd., India
  • Moodys - Singapore
  • Xstrata Coal
  • Timah Investasi Mineral - Indoneisa
  • International Coal Ventures Pvt Ltd - India
  • Gujarat Electricity Regulatory Commission - India
  • Semirara Mining and Power Corporation, Philippines
  • Kepco SPC Power Corporation, Philippines
  • Samtan Co., Ltd - South Korea
  • Reliance Power - India
  • Manunggal Multi Energi - Indonesia
  • SMC Global Power, Philippines
  • Wood Mackenzie - Singapore
  • TNB Fuel Sdn Bhd - Malaysia
  • Meralco Power Generation, Philippines
  • Anglo American - United Kingdom
  • Ministry of Finance - Indonesia
  • Kideco Jaya Agung - Indonesia
  • New Zealand Coal & Carbon
  • CNBM International Corporation - China
  • Japan Coal Energy Center
  • Inspectorate - India
  • Asmin Koalindo Tuhup - Indonesia
  • Sical Logistics Limited - India
  • Chamber of Mines of South Africa
  • NTPC Limited - India
  • AsiaOL BioFuels Corp., Philippines
  • Asian Development Bank
  • Australian Coal Association
  • The India Cements Ltd
  • Mechel - Russia
  • Karaikal Port Pvt Ltd - India
  • Humpuss - Indonesia
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Sarangani Energy Corporation, Philippines
  • Aditya Birla Group - India
  • Latin American Coal - Colombia
  • SUEK AG - Indonesia
  • Rashtriya Ispat Nigam Limited - India
  • Thailand Anthracite
  • BNP Paribas - Singapore
  • Ministry of Mines - Canada
  • Ernst & Young Pvt. Ltd.
  • PNOC Exploration Corporation - Philippines
  • McKinsey & Co - India
  • Deloitte Consulting - India
  • Price Waterhouse Coopers - Russia
  • Noble Europe Ltd - UK
  • TeaM Sual Corporation - Philippines
  • BRS Brokers - Singapore
  • Mitsui
  • Standard Chartered Bank - UAE
  • Mitra SK Pvt Ltd - India
  • Coal India Limited
  • Arch Coal - USA
  • Kohat Cement Company Ltd. - Pakistan
  • Parry Sugars Refinery, India
  • Coal and Oil Company - UAE
  • Vitol - Bahrain
  • Energy Link Ltd, New Zealand
  • Ince & co LLP
  • GN Power Mariveles Coal Plant, Philippines
  • Barasentosa Lestari - Indonesia
  • GHCL Limited - India
  • Indian Energy Exchange, India
  • Leighton Contractors Pty Ltd - Australia
  • Holcim Trading Pte Ltd - Singapore
  • Maersk Broker
  • ACC Limited - India
  • Aboitiz Power Corporation - Philippines
  • Energy Development Corp, Philippines
  • MEC Coal - Indonesia
  • Minerals Council of Australia
  • Parliament of New Zealand
  • Bulk Trading Sa - Switzerland
  • Salva Resources Pvt Ltd - India
  • MS Steel International - UAE
  • Cement Manufacturers Association - India
  • Pendopo Energi Batubara - Indonesia
  • Gujarat Mineral Development Corp Ltd - India
  • Russian Coal LLC
  • Indika Energy - Indonesia
  • CoalTek, United States
  • Singapore Mercantile Exchange
  • Lafarge - France
  • HSBC - Hong Kong
  • Lanco Infratech Ltd - India
  • Jindal Steel & Power Ltd - India
  • Bukit Baiduri Energy - Indonesia
  • Gresik Semen - Indonesia
  • Coaltrans Conferences
  • Surastha Cement
  • London Commodity Brokers - England
  • EIA - United States
  • Enel Italy
  • Indogreen Group - Indonesia
  • CESC Limited - India
  • Indonesian Coal Mining Association
  • IBC Asia (S) Pte Ltd
  • SGS (Thailand) Limited
  • Sinarmas Energy and Mining - Indonesia
  • Argus Media - Singapore
  • IEA Clean Coal Centre - UK
  • Core Mineral Indonesia
  • DBS Bank - Singapore
  • Ceylon Electricity Board - Sri Lanka
  • Bayan Resources Tbk. - Indonesia
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Petrosea - Indonesia
  • GMR Energy Limited - India
  • Kaltim Prima Coal - Indonesia
  • Vale Mozambique
  • Runge Indonesia
  • Barclays Capital - USA
  • Thermax Limited - India
  • PLN Batubara - Indonesia
  • Oldendorff Carriers - Singapore
  • Coastal Gujarat Power Limited - India
  • PetroVietnam Power Coal Import and Supply Company
  • Indorama - Singapore
  • Commonwealth Bank - Australia
  • Meenaskhi Energy Private Limited - India
  • IOL Indonesia
  • Central Electricity Authority - India
  • Malco - India
  • Marubeni Corporation - India
  • Peabody Energy - USA
  • Deutsche Bank - India
  • Pinang Coal Indonesia
  • Gujarat Sidhee Cement - India
  • Sucofindo - Indonesia
  • Formosa Plastics Group - Taiwan
  • bp singapore
  • White Energy Company Limited
  • Jaiprakash Power Ventures ltd
  • Banpu Public Company Limited - Thailand
  • Merrill Lynch Commodities Europe
  • Makarim & Taira - Indonesia
  • Berau Coal - Indonesia
  • Bahari Cakrawala Sebuku - Indonesia
  • GB Group - China
  • Globalindo Alam Lestari - Indonesia
  • OCBC - Singapore
  • San Jose City I Power Corp, Philippines
  • Bangkok Bank PCL
  • TGV SRAAC LIMITED, India
  • Bank of America
  • Grasim Industreis Ltd - India
  • globalCOAL - UK
  • Malabar Cements Ltd - India
  • Port Waratah Coal Services - Australia
  • Cebu Energy, Philippines
  • Uttam Galva Steels Limited - India
  • Sree Jayajothi Cements Limited - India
  • Iligan Light & Power Inc, Philippines
  • SN Aboitiz Power Inc, Philippines
  • Platou - Singapore
  • KPMG - USA
  • Platts
  • Cardiff University - UK
  • Economic Council, Georgia
  • Chettinad Cement Corporation Ltd - India
  • Bhushan Steel Limited - India
  • Goldman Sachs - Singapore
  • Siam City Cement - Thailand
  • ASAPP Information Group - India
  • Bhatia International Limited - India
  • Altura Mining Limited, Indonesia
  • Britmindo - Indonesia
  • Heidelberg Cement - Germany
  • Karbindo Abesyapradhi - Indoneisa
  • Inco-Indonesia
  • Interocean Group of Companies - India
  • Central Java Power - Indonesia
  • CCIC - Indonesia
  • Infraline Energy - India
  • ETA - Dubai
  • Petron Corporation, Philippines
  • Sindya Power Generating Company Private Ltd
  • Global Green Power PLC Corporation, Philippines
  • Binh Thuan Hamico - Vietnam
  • Simpson Spence & Young - Indonesia
  • Thomson Reuters GRC
  • PowerSource Philippines DevCo
  • Freeport Indonesia
  • Kapuas Tunggal Persada - Indonesia