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Tuesday, 16 February 10
KPMG PENS 6-POINT STRATEGY FOR COAL INDIA RESTRUCTURING
Coal India Ltd (CIL) has appointed KPMG Advisory Services Pvt Ltd to advise on consolidating its position as the country’s prime energy provider, a statement released by CIL said.
KPMG has identified six key areas that will support CIL to realise its vision, including managing scale of growth, improving operational efficiency, improving customer orientation, expanding presence across the coal value chain, becoming the employer of choice and focusing on environment and community through sustainable initiatives.
A time frame of 18 months has been fixed for this initiative, including a year of implementation, during which the roadmap for improvement will be laid out.
Currently, the Navratna coal mining major produces 82% of overall coal output of the country and meets 45% of the country’s primary commercial energy needs. According to the statement, land acquisition is one of the road blocks hampering CIL’s production rate and thus the growth potential. The fair price of land to be acquired and the compensation thereof has emerged as a major issue between CIL and tenancy land owners.
Secondly, the company is also facing difficulty in hiring for statutory positions and certain niche skills. Thirdly, there is a mismatch between evacuation requirements of CIL vis-à-vis the resources availability for dispatch; particularly through rail transportation.Also, current production is skewed towards open cast mining, consequently there is scope to increase output through adoption of new technologies in underground mines.
Source: DNA India
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Tuesday, 16 February 10
LAW POSES THREAT TO INDONESIA'S COAL INDUSTRY
A zoning law could cost coal miners billions of dollars this year alone, hurt investment in the industry and disrupt the supply of the fuel to the c ...
Monday, 15 February 10
MINING LAW TO BE REVISED
Law No. 4 of 2009 on mineral and coal mining will be revised after a working visit of the Bangka Belitung (Babel) Provincial legislative assembly (D ...
Monday, 15 February 10
EURO COAL PRICES SOFTEN AS CHINESE LUNAR NEW YEAR HOLIDAYS START
Prices of prompt cargoes of coal for delivery into Europe weakened last week on a lack of European demand and market nerves over the possible impact ...
Monday, 15 February 10
INDONESIAN COAL SUFFERS SETBACK AS SUMATRA RAIL LINE HELD UP AGAIN
State-owned coal miner PT Tambang Batubara Bukit Asam’s $1.06 billion rail project in Sumatra faces more delays, and the cost of the project i ...
Monday, 15 February 10
MEC INFRA TO COMMISSION INDONESIA RAIL PROJECT
A joint venture between Ras Al Khaimah Investment Authority (Rakia) RAK Investment Authority and Minerals Energy and Commodities Holdings, a f ...
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- Sojitz Corporation - Japan
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- Banpu Public Company Limited - Thailand
- Electricity Authority, New Zealand
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- Leighton Contractors Pty Ltd - Australia
- Sical Logistics Limited - India
- Medco Energi Mining Internasional
- Intertek Mineral Services - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Bhatia International Limited - India
- PowerSource Philippines DevCo
- McConnell Dowell - Australia
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- Orica Australia Pty. Ltd.
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- Pendopo Energi Batubara - Indonesia
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- The University of Queensland
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- CNBM International Corporation - China
- MS Steel International - UAE
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- PTC India Limited - India
- Directorate General of MIneral and Coal - Indonesia
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- Holcim Trading Pte Ltd - Singapore
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- Merrill Lynch Commodities Europe
- Tata Chemicals Ltd - India
- Attock Cement Pakistan Limited
- LBH Netherlands Bv - Netherlands
- Miang Besar Coal Terminal - Indonesia
- Eastern Coal Council - USA
- Global Coal Blending Company Limited - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Trasteel International SA, Italy
- Aditya Birla Group - India
- Baramulti Group, Indonesia
- Mintek Dendrill Indonesia
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- Star Paper Mills Limited - India
- GMR Energy Limited - India
- Ceylon Electricity Board - Sri Lanka
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- Globalindo Alam Lestari - Indonesia
- International Coal Ventures Pvt Ltd - India
- Deloitte Consulting - India
- Bulk Trading Sa - Switzerland
- Mjunction Services Limited - India
- Rio Tinto Coal - Australia
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- GVK Power & Infra Limited - India
- Standard Chartered Bank - UAE
- Grasim Industreis Ltd - India
- Coastal Gujarat Power Limited - India
- Global Business Power Corporation, Philippines
- Africa Commodities Group - South Africa
- SMG Consultants - Indonesia
- Ministry of Finance - Indonesia
- Coalindo Energy - Indonesia
- Simpson Spence & Young - Indonesia
- Semirara Mining Corp, Philippines
- Vedanta Resources Plc - India
- Indonesian Coal Mining Association
- Therma Luzon, Inc, Philippines
- Siam City Cement - Thailand
- Tamil Nadu electricity Board
- Indika Energy - Indonesia
- IEA Clean Coal Centre - UK
- Kideco Jaya Agung - Indonesia
- Central Electricity Authority - India
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- Sree Jayajothi Cements Limited - India
- Indogreen Group - Indonesia
- Independent Power Producers Association of India
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- Energy Link Ltd, New Zealand
- Oldendorff Carriers - Singapore
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- Toyota Tsusho Corporation, Japan
- Antam Resourcindo - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Riau Bara Harum - Indonesia
- Kaltim Prima Coal - Indonesia
- Energy Development Corp, Philippines
- Billiton Holdings Pty Ltd - Australia
- Electricity Generating Authority of Thailand
- Economic Council, Georgia
- Jindal Steel & Power Ltd - India
- Aboitiz Power Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- TeaM Sual Corporation - Philippines
- Asmin Koalindo Tuhup - Indonesia
- Port Waratah Coal Services - Australia
- Power Finance Corporation Ltd., India
- The Treasury - Australian Government
- Interocean Group of Companies - India
- CIMB Investment Bank - Malaysia
- Straits Asia Resources Limited - Singapore
- Carbofer General Trading SA - India
- Lanco Infratech Ltd - India
- Latin American Coal - Colombia
- Dalmia Cement Bharat India
- Edison Trading Spa - Italy
- Gujarat Electricity Regulatory Commission - India
- Kalimantan Lumbung Energi - Indonesia
- Kobexindo Tractors - Indoneisa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Videocon Industries ltd - India
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- Australian Coal Association
- Heidelberg Cement - Germany
- Petron Corporation, Philippines
- Wilmar Investment Holdings
- SMC Global Power, Philippines
- Binh Thuan Hamico - Vietnam
- Bayan Resources Tbk. - Indonesia
- Barasentosa Lestari - Indonesia
- Parliament of New Zealand
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- Ambuja Cements Ltd - India
- Manunggal Multi Energi - Indonesia
- Goldman Sachs - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Metalloyd Limited - United Kingdom
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- Marubeni Corporation - India
- Jorong Barutama Greston.PT - Indonesia
- Xindia Steels Limited - India
- Wood Mackenzie - Singapore
- Parry Sugars Refinery, India
- South Luzon Thermal Energy Corporation
- Kohat Cement Company Ltd. - Pakistan
- Singapore Mercantile Exchange
- Australian Commodity Traders Exchange
- Maheswari Brothers Coal Limited - India
- Malabar Cements Ltd - India
- Price Waterhouse Coopers - Russia
- Central Java Power - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
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- White Energy Company Limited
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- Romanian Commodities Exchange
- The State Trading Corporation of India Ltd
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- London Commodity Brokers - England
- ICICI Bank Limited - India
- Alfred C Toepfer International GmbH - Germany
- Eastern Energy - Thailand
- Cigading International Bulk Terminal - Indonesia
- Gujarat Sidhee Cement - India
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