mjunction holds 11th Indian Coal Markets Conference

September 11-13, 2017, the Hyatt Regency, Kolkata

mjunction hosted the 11th International Coal Markets Conference (ICMC) from September 11 to 13 at Kolkata, which was attended by 270 delegates from 110 companies and 10 countries.

mjunction CEO Vinaya Varma said in the welcome address, “The Indian power sector and hence the coal market is undergoing a rapid change in terms of structure and mix. On one hand, the lukewarm demand facing the thermal power plants and the low PLF remain a big concern. On the other hand, the rapid progress in solar and renewables comes as a possible disruptor. All these developments will have an immense impact on the coal and allied industries. It is interesting to see how the coal sector prepares itself to face the changing dynamics."

Among the key speakers were Mr Kulamani Biswal, Director (Finance) NTPC, Mr S.N. Prasad, Director (Marketing) Coal India and Mr Benjamin Sporton, CEO, World Coal Association.

The conference was followed by mjunction’s 8th Indian Coal Markets Awards Night organised in association with the Cement Manufacturers’ Association.

mjunction holds 10th Indian Coal Markets Conference

September 04-06, 2016, the Hyatt Regency, Kolkata

The 10th Indian Coal Markets Conference organised by mjunction was held in Kolkata from September 4 to 6, 2016. Three hundred delegates from 11 countries and 130 organisations explored the future of coal in an increasingly complex business environment.

mjunction CEO, Mr Vinaya Varma, said in his welcome address: “Much has changed in the Indian coal scenario over the last one year….Today, the situation is very different. Instead of scarcity, we have a situation of surplus in coal supply.” However, if the captive coal production continues to falter, the overall supply scenario may go back to where it was a year ago, he cautioned.

Mr Peeyush Kumar, Director (Technical), Ministry of Coal, Mr S D Prasad, General Manager (Fuel), NTPC Ltd, Mr Gerard McCloskey, founder, McCloskey Group, Mr Rajeev Singhal, Vice President, Raw Materials, Tata Steel, and Mr Partha S Bhattacharyya, former chairman, Coal India Ltd, were among those who addressed the conference.

All major consumer segments, which included power, cement and steel industries, had their representations at the event. Apart from the deliberations on the industry, another major draw for the conference was the seventh Awards Night dinner. Awards were given in ten categories to firms engaged with the coal vertical.

mjunction facilitates sale of 418.05 MHz telecom spectrum

January 5, 2015, the Oberoi Grand, Kolkata

e-auction of telecom spectrum in various bands was conducted by mjunction for a period of 19 days beginning March 4 and lasted for over 115 rounds. Eight telecom operators participated in the auction, out of which seven operators emerged winners. They are Airtel, Idea, Vodafone, RJio, RCom, Tata Teleservices and Aircel. Out of the 69 spectrum offerings over 22 telecom circles, 63 received bids, of which 50 were sold at a premium over the reserve price. In fact, the highest price gain over the reserve price stood at over 93%. Out of the 470.75 MHz on offer, 418.05 MHz was sold. Auction of four bands were conducted in a single event, making it convenient for buyers to switch between bands in any of the rounds. Thus it was a Simultaneous Multiple Rounds Ascending (SMRA) e-auction conducted for the four bands of 2100 MHz, 1800 MHz, 900 MHz and 800 MHz spectrum bands. In this method, all 69 offerings opened simultaneously, remaining open together and subsequently closing together.