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Sunday, 23 May 10
SINGARENI LEVIES PREMIUM TO BALANCE COAL DEMAND - BUSINESS STANDARD
Business-Standard reported that, In view of the rising demand for coal, Singareni Collieries Company Limited has recently levied a premium on coal from select mines ranging from Rs 109 to 521 (US$ 2.32 - 11.10) per tonne over the basic price depending on the quality and the distance from the customers.
The new prices, which have come into effect from April, are expected to bring in an additional Rs 20 crore (US$ 4.264 million) to the coal company this year. More than the revenues, the exercise is part of the efforts to spread the customer base uniformly across the mines.
“There has been more demand for coal from certain mines. This will upset the distribution cycles,” SCCL chairman and managing director S Narsing Rao told Business Standard. However, the power utilities are exempted from the price rise.
According to Rao, there would be minor quality variations in coal across the mines. However, many were intended to have coal from only specific mines due to logistics reasons as transport costs add to the overall landing costs.
The premium, which is about 10 per cent of the base price of coal, is fixed based on the quality, availability and transportation ease, he said.
Apart from the power sector, which is the largest consumer of coal, SSCL supplies coal to agro products, brick, ceramics, chemical, dairy, distilleries, glass, leather, cement and a host of other units.(1 INR = 0.0213220 USD). To red more Business-Standard (By-B Krishna Mohan)
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Thursday, 03 June 10
INDO GOVERNMENT TRIES TO CALM BUSINESSES FEARS OVER FOREST - CLEARING MORATORIUM
The Jakarta Globe reported that, as producers of coal and palm oil continued to howl, the government on Tuesday offered reassurances that the develo ...
Thursday, 03 June 10
GOVT CONSIDERING IMPORT PARITY PRICE FOR DOMESTIC COAL
The government on June 1 said it is considering to price domestic coal on par with global rates, a move which may increase the cost of the raw mater ...
Wednesday, 02 June 10
SRI LANKA TESTS 1ST COAL POWER PLANT IN SEPT.
Sri Lanka will start testing its first 300 MegaWatt coal power plant in September with plans to connect it to the national distribution grid by Janu ...
Wednesday, 02 June 10
CHINA'S IRON ORE IMPORTS TO KEEP BEING THE BIGGEST FACTOR FOR DRY BULK FREIGHT RATES SAY READERS
With dry bulk freight rates staging a positive rally during most of May, the industry’s main benchmark, the Baltic Dry Index (BDI) has managed ...
Wednesday, 02 June 10
KIDECO TO PRODUCE 29.5 MILLION TONS OF COAL IN 2010
COALspot.com: Kideco to produce 29.5 million tons of coal in 2010 up 4.8 million or about 19 percent up from 2009 production. Kideco produced 24.7 m ...
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indian Energy Exchange, India
- Gujarat Mineral Development Corp Ltd - India
- Ambuja Cements Ltd - India
- Aboitiz Power Corporation - Philippines
- Semirara Mining and Power Corporation, Philippines
- Thiess Contractors Indonesia
- Singapore Mercantile Exchange
- Coalindo Energy - Indonesia
- Planning Commission, India
- Vizag Seaport Private Limited - India
- Price Waterhouse Coopers - Russia
- Toyota Tsusho Corporation, Japan
- SMC Global Power, Philippines
- Simpson Spence & Young - Indonesia
- Electricity Generating Authority of Thailand
- The University of Queensland
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Banpu Public Company Limited - Thailand
- Mercator Lines Limited - India
- Eastern Energy - Thailand
- GVK Power & Infra Limited - India
- Mintek Dendrill Indonesia
- Savvy Resources Ltd - HongKong
- SMG Consultants - Indonesia
- Star Paper Mills Limited - India
- Georgia Ports Authority, United States
- Merrill Lynch Commodities Europe
- Indonesian Coal Mining Association
- Heidelberg Cement - Germany
- Gujarat Electricity Regulatory Commission - India
- London Commodity Brokers - England
- Jorong Barutama Greston.PT - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Renaissance Capital - South Africa
- European Bulk Services B.V. - Netherlands
- ICICI Bank Limited - India
- Deloitte Consulting - India
- Meralco Power Generation, Philippines
- Therma Luzon, Inc, Philippines
- Romanian Commodities Exchange
- Marubeni Corporation - India
- Pipit Mutiara Jaya. PT, Indonesia
- Minerals Council of Australia
- Orica Australia Pty. Ltd.
- Agrawal Coal Company - India
- Holcim Trading Pte Ltd - Singapore
- GMR Energy Limited - India
- White Energy Company Limited
- Edison Trading Spa - Italy
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Directorate Of Revenue Intelligence - India
- Bukit Asam (Persero) Tbk - Indonesia
- Ministry of Transport, Egypt
- Bhoruka Overseas - Indonesia
- Samtan Co., Ltd - South Korea
- Sinarmas Energy and Mining - Indonesia
- Wilmar Investment Holdings
- Semirara Mining Corp, Philippines
- Sojitz Corporation - Japan
- South Luzon Thermal Energy Corporation
- Gujarat Sidhee Cement - India
- Posco Energy - South Korea
- Kobexindo Tractors - Indoneisa
- Indogreen Group - Indonesia
- Goldman Sachs - Singapore
- Intertek Mineral Services - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- New Zealand Coal & Carbon
- Mjunction Services Limited - India
- Bukit Baiduri Energy - Indonesia
- Attock Cement Pakistan Limited
- Directorate General of MIneral and Coal - Indonesia
- Antam Resourcindo - Indonesia
- Kumho Petrochemical, South Korea
- Chettinad Cement Corporation Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Chamber of Mines of South Africa
- Latin American Coal - Colombia
- Australian Coal Association
- Parry Sugars Refinery, India
- Independent Power Producers Association of India
- The Treasury - Australian Government
- Neyveli Lignite Corporation Ltd, - India
- Tata Chemicals Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Ind-Barath Power Infra Limited - India
- Central Electricity Authority - India
- International Coal Ventures Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Indika Energy - Indonesia
- Thai Mozambique Logistica
- Kohat Cement Company Ltd. - Pakistan
- Indo Tambangraya Megah - Indonesia
- Economic Council, Georgia
- IHS Mccloskey Coal Group - USA
- Iligan Light & Power Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Binh Thuan Hamico - Vietnam
- Indian Oil Corporation Limited
- TeaM Sual Corporation - Philippines
- Meenaskhi Energy Private Limited - India
- Larsen & Toubro Limited - India
- Bukit Makmur.PT - Indonesia
- Pendopo Energi Batubara - Indonesia
- Jaiprakash Power Ventures ltd
- Commonwealth Bank - Australia
- Sree Jayajothi Cements Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Lanco Infratech Ltd - India
- Timah Investasi Mineral - Indoneisa
- Medco Energi Mining Internasional
- Energy Development Corp, Philippines
- Uttam Galva Steels Limited - India
- PowerSource Philippines DevCo
- CNBM International Corporation - China
- Siam City Cement - Thailand
- Ceylon Electricity Board - Sri Lanka
- Straits Asia Resources Limited - Singapore
- Oldendorff Carriers - Singapore
- Global Business Power Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Petron Corporation, Philippines
- Energy Link Ltd, New Zealand
- Malabar Cements Ltd - India
- Bayan Resources Tbk. - Indonesia
- OPG Power Generation Pvt Ltd - India
- Bhushan Steel Limited - India
- Tamil Nadu electricity Board
- Ministry of Finance - Indonesia
- Carbofer General Trading SA - India
- Grasim Industreis Ltd - India
- India Bulls Power Limited - India
- GAC Shipping (India) Pvt Ltd
- Interocean Group of Companies - India
- Kepco SPC Power Corporation, Philippines
- Altura Mining Limited, Indonesia
- Africa Commodities Group - South Africa
- Global Green Power PLC Corporation, Philippines
- Ministry of Mines - Canada
- Xindia Steels Limited - India
- Wood Mackenzie - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Siam City Cement PLC, Thailand
- Maharashtra Electricity Regulatory Commission - India
- Trasteel International SA, Italy
- Globalindo Alam Lestari - Indonesia
- Videocon Industries ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Sakthi Sugars Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kartika Selabumi Mining - Indonesia
- Kaltim Prima Coal - Indonesia
- Bharathi Cement Corporation - India
- Borneo Indobara - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Eastern Coal Council - USA
- Leighton Contractors Pty Ltd - Australia
- Sical Logistics Limited - India
- Electricity Authority, New Zealand
- GN Power Mariveles Coal Plant, Philippines
- Kideco Jaya Agung - Indonesia
- ASAPP Information Group - India
- Baramulti Group, Indonesia
- Port Waratah Coal Services - Australia
- San Jose City I Power Corp, Philippines
- Madhucon Powers Ltd - India
- Manunggal Multi Energi - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Cement Manufacturers Association - India
- Makarim & Taira - Indonesia
- VISA Power Limited - India
- LBH Netherlands Bv - Netherlands
- Maheswari Brothers Coal Limited - India
- Vedanta Resources Plc - India
- Bangladesh Power Developement Board
- Alfred C Toepfer International GmbH - Germany
- Riau Bara Harum - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Coal and Oil Company - UAE
- Billiton Holdings Pty Ltd - Australia
- Rio Tinto Coal - Australia
- MS Steel International - UAE
- Mercuria Energy - Indonesia
- Bhatia International Limited - India
- Sindya Power Generating Company Private Ltd
- CIMB Investment Bank - Malaysia
- The State Trading Corporation of India Ltd
- Asmin Koalindo Tuhup - Indonesia
- Salva Resources Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Formosa Plastics Group - Taiwan
- Coastal Gujarat Power Limited - India
- Miang Besar Coal Terminal - Indonesia
- Parliament of New Zealand
- AsiaOL BioFuels Corp., Philippines
- Jindal Steel & Power Ltd - India
- Power Finance Corporation Ltd., India
- PNOC Exploration Corporation - Philippines
- IEA Clean Coal Centre - UK
- Bulk Trading Sa - Switzerland
- McConnell Dowell - Australia
- Global Coal Blending Company Limited - Australia
- Central Java Power - Indonesia
- Karaikal Port Pvt Ltd - India
- PTC India Limited - India
- Barasentosa Lestari - Indonesia
- Australian Commodity Traders Exchange
- Aditya Birla Group - India
- Standard Chartered Bank - UAE
- Sarangani Energy Corporation, Philippines
- Orica Mining Services - Indonesia
- SN Aboitiz Power Inc, Philippines
- Dalmia Cement Bharat India
- Metalloyd Limited - United Kingdom
- Anglo American - United Kingdom
- Kapuas Tunggal Persada - Indonesia
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