Page 6 - Coal Mining
One step back for coal mine reform: MDO contracts with state PSUs are back
Four years after the Supreme Court declared them illegal, the MDO model has become the private mining industries' route to cornering a larger piece of the coal mining business again
 "One step back for coal mine reform: MDO contracts with state PSUs are back")
Commercial mining likely to replace coal import market: Icra report
The recent bidding guidelines forcommercial coal mining is likely to throw open a market for importsubstitution. A report from ICRA says the absence of end-use condition in the guidelinesis a significant positive for commercial miners, who were not eligible toparticipate in the previous coal mine auctions conducted during 2015. "The potential market opportunity forprivate commercial miners would include the partial substitution of India's 160million tonne per annum (mtpa) thermal coal imports, getting a share of the 100mtpa e-auction market, and meeting a part of the 165 mtpa incremental domesticcoal demand to be created in the next five years," said ICRA in its latestreport. The report noted that India's coaldemand-supply balance remains tilted in favour of coal imports as theproduction by Coal India Limited remains short of meeting India's coal demand,especially with respect to coking coal and higher grade thermal coal/washedcoal. As against a compounded annual growth rateof 5.6% .
 "Commercial mining likely to replace coal import market: Icra report")
Is commercial coal mining really transformative?
The government can help by choosing coal blocks that promise scalability, lower risks and short gestation periods
 "Is commercial coal mining really transformative?")
Commercial coal mining: A question of ecosystems
A major impending reform for the sector is fraught with doubts over demand and the robustness of the regulatory environment
 "Commercial coal mining: A question of ecosystems")
Cabinet ends Coal India monopoly, allows commercial mining by private firms
Move will allow both domestic and foreign players to sell the fuel in open market as a commodity, at market-determined prices
 "Cabinet ends Coal India monopoly, allows commercial mining by private firms")
Coal mining picks up pace in India, China, US, after global decline in 2016
Mining data show that production through May is up by at least 121 million tons, or 6 per cent
 "Coal mining picks up pace in India, China, US, after global decline in 2016")
Commercial coal mining to lower power tariff, says top govt official
Govt plans to auction four blocks under commercial mining in the first phase
 "Commercial coal mining to lower power tariff, says top govt official")
Govt looking to end CIL monopoly but policy may give it pricing advantage
Mining policy proposes higher price for coal sold by private firms; move may dampen pvt investment
 "Govt looking to end CIL monopoly but policy may give it pricing advantage")
Lack of pricing freedom leaves industry jittery on commercial coal mining
Availability of surplus coal and CIL's monopoly cited as other reasons
 "Lack of pricing freedom leaves industry jittery on commercial coal mining")
Coal output to miss government's target of self-sufficiency: BMI report
The country is eyeing 1.5 bn tonnes of coal production by 2020, of which 1 bn tonnes would come from Coal India
 "Coal output to miss government's target of self-sufficiency: BMI report")
India's coal mining ambition hurts indigenous group, says Amnesty
Laws to protect vulnerable communities such as indigenous groups are poorly implemented and regularly flouted, it said
 "India's coal mining ambition hurts indigenous group, says Amnesty")
A year after e-auction, coal mining stays in slow lane
Legal cases, delayed clearance haunt states and private miners
 "A year after e-auction, coal mining stays in slow lane")
