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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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Saturday, 15 May 10
THE AVERAGE CHARTER HIRE FOR CAPE REACHES US$ 49,931 PER DAY - VISTAAR SINGAPORE
COALspot.com: "The freight market was extremely buoyant this week with BDI almost up by 9 pct and the market was very firm in Feast/SE Asia sec ...
Saturday, 15 May 10
DRY BULK MARKET POSTS HEALTHY WEEKLY GAINS
The dry bulk market has reached new highs this week, the second consecutive solid one, with the industry’s benchmark, the Baltic Dry Index (BD ...
Friday, 14 May 10
JSW BUYS COAL MINES IN US, PRODUCTION STARTS IN SEPT
JSW Steel on Friday said it has completed $100 million acquisition of coking coal assets in the US and will start production from September to parti ...
Friday, 14 May 10
KANGAROO RESOURCES TO ACQUIRE INDONESIAN COAL PROJECTS - PROACTIVE INVESTORS
Proactive Investors reported that, Kangaroo Resources (ASX: KRL) is preparing to complete the acquisition of its five outstanding Indonesian coal pr ...
Thursday, 13 May 10
CHINA CONCERNS TO TEST RAW MINERALS - THE AUSTRALIAN
The Australian reported that, COMMODITY prices will remain volatile and drop from recent highs as China's appetite for raw materials softens. James ...
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- Indian Oil Corporation Limited
- Pipit Mutiara Jaya. PT, Indonesia
- Singapore Mercantile Exchange
- Rio Tinto Coal - Australia
- Mjunction Services Limited - India
- SMC Global Power, Philippines
- Mercator Lines Limited - India
- GAC Shipping (India) Pvt Ltd
- IEA Clean Coal Centre - UK
- Interocean Group of Companies - India
- Attock Cement Pakistan Limited
- Heidelberg Cement - Germany
- Deloitte Consulting - India
- Bukit Makmur.PT - Indonesia
- Sindya Power Generating Company Private Ltd
- Ceylon Electricity Board - Sri Lanka
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Kideco Jaya Agung - Indonesia
- New Zealand Coal & Carbon
- Straits Asia Resources Limited - Singapore
- Semirara Mining and Power Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Bhatia International Limited - India
- Port Waratah Coal Services - Australia
- Commonwealth Bank - Australia
- Medco Energi Mining Internasional
- Krishnapatnam Port Company Ltd. - India
- Cigading International Bulk Terminal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- SN Aboitiz Power Inc, Philippines
- Tata Chemicals Ltd - India
- Riau Bara Harum - Indonesia
- Samtan Co., Ltd - South Korea
- The Treasury - Australian Government
- Ministry of Finance - Indonesia
- Coal and Oil Company - UAE
- Star Paper Mills Limited - India
- Thiess Contractors Indonesia
- Latin American Coal - Colombia
- Orica Australia Pty. Ltd.
- Globalindo Alam Lestari - Indonesia
- Formosa Plastics Group - Taiwan
- Edison Trading Spa - Italy
- Petron Corporation, Philippines
- Carbofer General Trading SA - India
- Kalimantan Lumbung Energi - Indonesia
- Dalmia Cement Bharat India
- Banpu Public Company Limited - Thailand
- The State Trading Corporation of India Ltd
- Neyveli Lignite Corporation Ltd, - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Timah Investasi Mineral - Indoneisa
- Goldman Sachs - Singapore
- Eastern Energy - Thailand
- Agrawal Coal Company - India
- IHS Mccloskey Coal Group - USA
- Toyota Tsusho Corporation, Japan
- Madhucon Powers Ltd - India
- Barasentosa Lestari - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Savvy Resources Ltd - HongKong
- VISA Power Limited - India
- Australian Coal Association
- TeaM Sual Corporation - Philippines
- Directorate General of MIneral and Coal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Malabar Cements Ltd - India
- OPG Power Generation Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Energy Link Ltd, New Zealand
- Kapuas Tunggal Persada - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Electricity Generating Authority of Thailand
- GN Power Mariveles Coal Plant, Philippines
- Leighton Contractors Pty Ltd - Australia
- Electricity Authority, New Zealand
- Maharashtra Electricity Regulatory Commission - India
- Therma Luzon, Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Kohat Cement Company Ltd. - Pakistan
- Directorate Of Revenue Intelligence - India
- Kaltim Prima Coal - Indonesia
- Makarim & Taira - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Altura Mining Limited, Indonesia
- Salva Resources Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Videocon Industries ltd - India
- SMG Consultants - Indonesia
- Bhushan Steel Limited - India
- PTC India Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Ministry of Transport, Egypt
- Africa Commodities Group - South Africa
- Trasteel International SA, Italy
- Iligan Light & Power Inc, Philippines
- PNOC Exploration Corporation - Philippines
- Baramulti Group, Indonesia
- Wilmar Investment Holdings
- Kartika Selabumi Mining - Indonesia
- Oldendorff Carriers - Singapore
- Pendopo Energi Batubara - Indonesia
- Indo Tambangraya Megah - Indonesia
- European Bulk Services B.V. - Netherlands
- Orica Mining Services - Indonesia
- Thai Mozambique Logistica
- Sakthi Sugars Limited - India
- Energy Development Corp, Philippines
- Kumho Petrochemical, South Korea
- Marubeni Corporation - India
- GMR Energy Limited - India
- Maheswari Brothers Coal Limited - India
- Posco Energy - South Korea
- Bukit Asam (Persero) Tbk - Indonesia
- India Bulls Power Limited - India
- Georgia Ports Authority, United States
- Bayan Resources Tbk. - Indonesia
- Planning Commission, India
- Jorong Barutama Greston.PT - Indonesia
- Karaikal Port Pvt Ltd - India
- Wood Mackenzie - Singapore
- Standard Chartered Bank - UAE
- Minerals Council of Australia
- Sojitz Corporation - Japan
- Romanian Commodities Exchange
- Grasim Industreis Ltd - India
- White Energy Company Limited
- TNB Fuel Sdn Bhd - Malaysia
- Intertek Mineral Services - Indonesia
- Vedanta Resources Plc - India
- AsiaOL BioFuels Corp., Philippines
- Semirara Mining Corp, Philippines
- ICICI Bank Limited - India
- Ind-Barath Power Infra Limited - India
- Binh Thuan Hamico - Vietnam
- Cement Manufacturers Association - India
- Coalindo Energy - Indonesia
- Power Finance Corporation Ltd., India
- CNBM International Corporation - China
- Sical Logistics Limited - India
- ASAPP Information Group - India
- PetroVietnam Power Coal Import and Supply Company
- GVK Power & Infra Limited - India
- Bulk Trading Sa - Switzerland
- Gujarat Sidhee Cement - India
- Ambuja Cements Ltd - India
- McConnell Dowell - Australia
- Central Java Power - Indonesia
- Tamil Nadu electricity Board
- Merrill Lynch Commodities Europe
- The University of Queensland
- Aditya Birla Group - India
- San Jose City I Power Corp, Philippines
- Lanco Infratech Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhoruka Overseas - Indonesia
- Bangladesh Power Developement Board
- Parry Sugars Refinery, India
- CIMB Investment Bank - Malaysia
- Metalloyd Limited - United Kingdom
- Mercuria Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Jaiprakash Power Ventures ltd
- Billiton Holdings Pty Ltd - Australia
- Indogreen Group - Indonesia
- Central Electricity Authority - India
- Anglo American - United Kingdom
- Australian Commodity Traders Exchange
- Siam City Cement - Thailand
- Siam City Cement PLC, Thailand
- MS Steel International - UAE
- Indika Energy - Indonesia
- Larsen & Toubro Limited - India
- Kepco SPC Power Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Sinarmas Energy and Mining - Indonesia
- Chamber of Mines of South Africa
- Antam Resourcindo - Indonesia
- Jindal Steel & Power Ltd - India
- Indonesian Coal Mining Association
- PowerSource Philippines DevCo
- Borneo Indobara - Indonesia
- Independent Power Producers Association of India
- Essar Steel Hazira Ltd - India
- Bharathi Cement Corporation - India
- Simpson Spence & Young - Indonesia
- Xindia Steels Limited - India
- Sarangani Energy Corporation, Philippines
- Renaissance Capital - South Africa
- Uttam Galva Steels Limited - India
- Mintek Dendrill Indonesia
- Economic Council, Georgia
- Aboitiz Power Corporation - Philippines
- London Commodity Brokers - England
- Bahari Cakrawala Sebuku - Indonesia
- Meralco Power Generation, Philippines
- Global Business Power Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Ministry of Mines - Canada
- Rashtriya Ispat Nigam Limited - India
- Price Waterhouse Coopers - Russia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Chettinad Cement Corporation Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sree Jayajothi Cements Limited - India
- Parliament of New Zealand
- Vizag Seaport Private Limited - India
- LBH Netherlands Bv - Netherlands
- Eastern Coal Council - USA
- Kobexindo Tractors - Indoneisa
- Indian Energy Exchange, India
- South Luzon Thermal Energy Corporation
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