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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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Tuesday, 25 May 10
KALIMANTAN COAL RAIL PROJECT RUNS INTO COST DELAY - THE JAKARTA GLOBE
The Jakart globe reported that, A$1.5 billion coal rail and port project planned for Central Kalimantan may be delayed by a year after a review of t ...
Tuesday, 25 May 10
BUMPER YEAR PREDICTED FOR INDONESIAN COAL - THE JAKARTA GLOBE
The Jakarta globe reported that, In The country’s coal output may reach 320 million tons this year, up from 300 million tons in 2009, as produ ...
Tuesday, 25 May 10
CHINA'S COAL SHIPMENTS VIA ITS MAIN PORTS RISE BY 13.1 PERCENT IN APRIL
According to the data issued by China's Ministry of Industry and Information on May 21, in April total coal shipments via China's main ports reach ...
Monday, 24 May 10
SAMTAN TO SELL KIDECO TO INDIKA ENERGY?
Insider Stories reported that, Parent company of Indonesia's coal mining contractor PT Petrosea Tbk (PTRO), PT Indika Energy Tbk (INDY) aims to boo ...
Monday, 24 May 10
INDIA'S ESSAR SHIPPING BEGIN COMMERCIAL OPERATIONS OF BULK TERMINAL AT HAZIRA
COALspot.com: Essar Shipping Ports & Logistics Ltd. commences commercial operations of Essar Bulk Terminal at Hazira, one of India's largest dr ...
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- SN Aboitiz Power Inc, Philippines
- Singapore Mercantile Exchange
- Kapuas Tunggal Persada - Indonesia
- Ambuja Cements Ltd - India
- Sree Jayajothi Cements Limited - India
- Xindia Steels Limited - India
- Timah Investasi Mineral - Indoneisa
- Chamber of Mines of South Africa
- Kartika Selabumi Mining - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Banpu Public Company Limited - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Africa Commodities Group - South Africa
- Indian Energy Exchange, India
- IHS Mccloskey Coal Group - USA
- Uttam Galva Steels Limited - India
- PTC India Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Metalloyd Limited - United Kingdom
- Borneo Indobara - Indonesia
- Sarangani Energy Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Rio Tinto Coal - Australia
- Globalindo Alam Lestari - Indonesia
- Indian Oil Corporation Limited
- Indika Energy - Indonesia
- Vedanta Resources Plc - India
- LBH Netherlands Bv - Netherlands
- Semirara Mining Corp, Philippines
- Larsen & Toubro Limited - India
- Planning Commission, India
- Petron Corporation, Philippines
- Renaissance Capital - South Africa
- Kohat Cement Company Ltd. - Pakistan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Dalmia Cement Bharat India
- Miang Besar Coal Terminal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Australian Commodity Traders Exchange
- Lanco Infratech Ltd - India
- Romanian Commodities Exchange
- Attock Cement Pakistan Limited
- Central Java Power - Indonesia
- Makarim & Taira - Indonesia
- Meenaskhi Energy Private Limited - India
- Global Coal Blending Company Limited - Australia
- Latin American Coal - Colombia
- Independent Power Producers Association of India
- Samtan Co., Ltd - South Korea
- Ministry of Finance - Indonesia
- Georgia Ports Authority, United States
- Siam City Cement PLC, Thailand
- Thai Mozambique Logistica
- Bulk Trading Sa - Switzerland
- Meralco Power Generation, Philippines
- Indogreen Group - Indonesia
- Bukit Baiduri Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Bayan Resources Tbk. - Indonesia
- Oldendorff Carriers - Singapore
- Barasentosa Lestari - Indonesia
- South Luzon Thermal Energy Corporation
- Indonesian Coal Mining Association
- Bank of Tokyo Mitsubishi UFJ Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Maharashtra Electricity Regulatory Commission - India
- Holcim Trading Pte Ltd - Singapore
- Pendopo Energi Batubara - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- New Zealand Coal & Carbon
- Jindal Steel & Power Ltd - India
- Kepco SPC Power Corporation, Philippines
- Sical Logistics Limited - India
- Australian Coal Association
- GAC Shipping (India) Pvt Ltd
- European Bulk Services B.V. - Netherlands
- Global Business Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- Semirara Mining and Power Corporation, Philippines
- Orica Australia Pty. Ltd.
- GMR Energy Limited - India
- Antam Resourcindo - Indonesia
- Price Waterhouse Coopers - Russia
- Aboitiz Power Corporation - Philippines
- Star Paper Mills Limited - India
- Jaiprakash Power Ventures ltd
- Kaltim Prima Coal - Indonesia
- IEA Clean Coal Centre - UK
- Straits Asia Resources Limited - Singapore
- Wilmar Investment Holdings
- Gujarat Sidhee Cement - India
- Vizag Seaport Private Limited - India
- Videocon Industries ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mercuria Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Minerals Council of Australia
- Agrawal Coal Company - India
- Mjunction Services Limited - India
- SMC Global Power, Philippines
- Coal and Oil Company - UAE
- PNOC Exploration Corporation - Philippines
- Directorate General of MIneral and Coal - Indonesia
- SMG Consultants - Indonesia
- Goldman Sachs - Singapore
- Mintek Dendrill Indonesia
- The Treasury - Australian Government
- PetroVietnam Power Coal Import and Supply Company
- Heidelberg Cement - Germany
- Bhoruka Overseas - Indonesia
- McConnell Dowell - Australia
- Carbofer General Trading SA - India
- Power Finance Corporation Ltd., India
- ICICI Bank Limited - India
- Ministry of Transport, Egypt
- Rashtriya Ispat Nigam Limited - India
- ASAPP Information Group - India
- Directorate Of Revenue Intelligence - India
- International Coal Ventures Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Tamil Nadu electricity Board
- The State Trading Corporation of India Ltd
- Toyota Tsusho Corporation, Japan
- Trasteel International SA, Italy
- Gujarat Mineral Development Corp Ltd - India
- Edison Trading Spa - Italy
- Economic Council, Georgia
- Commonwealth Bank - Australia
- Parry Sugars Refinery, India
- Interocean Group of Companies - India
- Alfred C Toepfer International GmbH - Germany
- Bhatia International Limited - India
- Siam City Cement - Thailand
- Energy Link Ltd, New Zealand
- Parliament of New Zealand
- OPG Power Generation Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Sojitz Corporation - Japan
- Intertek Mineral Services - Indonesia
- Central Electricity Authority - India
- Formosa Plastics Group - Taiwan
- Anglo American - United Kingdom
- Jorong Barutama Greston.PT - Indonesia
- Essar Steel Hazira Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- PowerSource Philippines DevCo
- Malabar Cements Ltd - India
- Eastern Coal Council - USA
- Madhucon Powers Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Electricity Generating Authority of Thailand
- Bhushan Steel Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Eastern Energy - Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- VISA Power Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coalindo Energy - Indonesia
- CNBM International Corporation - China
- Mercator Lines Limited - India
- Marubeni Corporation - India
- Altura Mining Limited, Indonesia
- Medco Energi Mining Internasional
- Petrochimia International Co. Ltd.- Taiwan
- Sindya Power Generating Company Private Ltd
- Grasim Industreis Ltd - India
- Maheswari Brothers Coal Limited - India
- San Jose City I Power Corp, Philippines
- Savvy Resources Ltd - HongKong
- Billiton Holdings Pty Ltd - Australia
- CIMB Investment Bank - Malaysia
- Energy Development Corp, Philippines
- Karaikal Port Pvt Ltd - India
- Bharathi Cement Corporation - India
- White Energy Company Limited
- Ind-Barath Power Infra Limited - India
- Kobexindo Tractors - Indoneisa
- Global Green Power PLC Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Wood Mackenzie - Singapore
- Posco Energy - South Korea
- Ministry of Mines - Canada
- The University of Queensland
- Standard Chartered Bank - UAE
- Orica Mining Services - Indonesia
- Merrill Lynch Commodities Europe
- Baramulti Group, Indonesia
- Simpson Spence & Young - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- GN Power Mariveles Coal Plant, Philippines
- Salva Resources Pvt Ltd - India
- Electricity Authority, New Zealand
- Riau Bara Harum - Indonesia
- Therma Luzon, Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- GVK Power & Infra Limited - India
- Sakthi Sugars Limited - India
- Bangladesh Power Developement Board
- Thiess Contractors Indonesia
- MS Steel International - UAE
- Cement Manufacturers Association - India
- Asmin Koalindo Tuhup - Indonesia
- TeaM Sual Corporation - Philippines
- Krishnapatnam Port Company Ltd. - India
- Bukit Makmur.PT - Indonesia
- London Commodity Brokers - England
- Tata Chemicals Ltd - India
- Port Waratah Coal Services - Australia
- Iligan Light & Power Inc, Philippines
- Deloitte Consulting - India
- Indo Tambangraya Megah - Indonesia
- Kideco Jaya Agung - Indonesia
- Chettinad Cement Corporation Ltd - India
- Aditya Birla Group - India
- India Bulls Power Limited - India
- Manunggal Multi Energi - Indonesia
- Binh Thuan Hamico - Vietnam
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