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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, 13 May 10
ACTIVITY ON WEST COAST INDIA IS SLOWING - FEARNLEYS AS
DRY BULK CHARTERING
Handy
Atlantic markets remain firm but more for end May/beg June dates as there seems to be more enquiries for those dates. ...
Thursday, 13 May 10
DRY BULK SHIP OWNERS CHEERFUL AMID MARKET RALLY
China’s appetite for raw materials like iron ore and coal, as well as a series of added factors are boosting demand for dry bulk carriers, hel ...
Wednesday, 12 May 10
BANPU'S Q1 PROFIT SLIDES 43% TO B2.71BN - BANGKOK POST
The Bangkokpost reported that, Banpu Plc posted a first-quarter net profit of 2.71 billion baht, down by 43% from the same period last year.
The ...
Tuesday, 11 May 10
DALRYMPLE BAY COAL EXPORTS HIGHEST SINCE JULY; NEWCASTLE FALLS - BLOOMBERG
Bloomberg reported that, Coal shipments from Australia’s Dalrymple Bay terminal in Queensland state rose to the highest in nine months in Apri ...
Tuesday, 11 May 10
DRY BULK RATES SHOOT UP ON STRONG CARGO DEMAND
The dry bulk industry’s benchmark, the Baltic Dry Index (BDI) has kept its momentum, as predicted by analysts and shipping experts, managing t ...
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- Ind-Barath Power Infra Limited - India
- Jaiprakash Power Ventures ltd
- Rio Tinto Coal - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ministry of Mines - Canada
- PTC India Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhatia International Limited - India
- Ceylon Electricity Board - Sri Lanka
- Oldendorff Carriers - Singapore
- Bulk Trading Sa - Switzerland
- Aboitiz Power Corporation - Philippines
- Ministry of Finance - Indonesia
- Madhucon Powers Ltd - India
- Parry Sugars Refinery, India
- Sinarmas Energy and Mining - Indonesia
- Simpson Spence & Young - Indonesia
- Singapore Mercantile Exchange
- Sarangani Energy Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Mercuria Energy - Indonesia
- Georgia Ports Authority, United States
- Barasentosa Lestari - Indonesia
- Eastern Energy - Thailand
- ASAPP Information Group - India
- Gujarat Sidhee Cement - India
- Cement Manufacturers Association - India
- Globalindo Alam Lestari - Indonesia
- Posco Energy - South Korea
- Romanian Commodities Exchange
- Directorate General of MIneral and Coal - Indonesia
- Directorate Of Revenue Intelligence - India
- Energy Development Corp, Philippines
- Malabar Cements Ltd - India
- Straits Asia Resources Limited - Singapore
- Krishnapatnam Port Company Ltd. - India
- Miang Besar Coal Terminal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Coastal Gujarat Power Limited - India
- Electricity Generating Authority of Thailand
- Billiton Holdings Pty Ltd - Australia
- Mintek Dendrill Indonesia
- Videocon Industries ltd - India
- Antam Resourcindo - Indonesia
- Kaltim Prima Coal - Indonesia
- Chamber of Mines of South Africa
- Savvy Resources Ltd - HongKong
- PetroVietnam Power Coal Import and Supply Company
- Kohat Cement Company Ltd. - Pakistan
- Chettinad Cement Corporation Ltd - India
- Kumho Petrochemical, South Korea
- Central Java Power - Indonesia
- Wood Mackenzie - Singapore
- SMG Consultants - Indonesia
- Africa Commodities Group - South Africa
- Xindia Steels Limited - India
- Goldman Sachs - Singapore
- Carbofer General Trading SA - India
- Dalmia Cement Bharat India
- Indika Energy - Indonesia
- Australian Commodity Traders Exchange
- Gujarat Mineral Development Corp Ltd - India
- Latin American Coal - Colombia
- Ambuja Cements Ltd - India
- Kapuas Tunggal Persada - Indonesia
- White Energy Company Limited
- The University of Queensland
- Bhoruka Overseas - Indonesia
- Kobexindo Tractors - Indoneisa
- Ministry of Transport, Egypt
- Planning Commission, India
- Lanco Infratech Ltd - India
- Eastern Coal Council - USA
- Manunggal Multi Energi - Indonesia
- Cigading International Bulk Terminal - Indonesia
- SMC Global Power, Philippines
- Energy Link Ltd, New Zealand
- Indian Energy Exchange, India
- Trasteel International SA, Italy
- GAC Shipping (India) Pvt Ltd
- AsiaOL BioFuels Corp., Philippines
- Meenaskhi Energy Private Limited - India
- Bhushan Steel Limited - India
- Thiess Contractors Indonesia
- Renaissance Capital - South Africa
- Sical Logistics Limited - India
- Binh Thuan Hamico - Vietnam
- Makarim & Taira - Indonesia
- Medco Energi Mining Internasional
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Jorong Barutama Greston.PT - Indonesia
- Agrawal Coal Company - India
- MS Steel International - UAE
- Grasim Industreis Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Altura Mining Limited, Indonesia
- Global Business Power Corporation, Philippines
- Intertek Mineral Services - Indonesia
- GVK Power & Infra Limited - India
- Riau Bara Harum - Indonesia
- IEA Clean Coal Centre - UK
- Thai Mozambique Logistica
- Kartika Selabumi Mining - Indonesia
- Orica Australia Pty. Ltd.
- Global Coal Blending Company Limited - Australia
- Port Waratah Coal Services - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Wilmar Investment Holdings
- Petron Corporation, Philippines
- Electricity Authority, New Zealand
- Bangladesh Power Developement Board
- Coalindo Energy - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Jindal Steel & Power Ltd - India
- LBH Netherlands Bv - Netherlands
- Bukit Makmur.PT - Indonesia
- OPG Power Generation Pvt Ltd - India
- The Treasury - Australian Government
- Tata Chemicals Ltd - India
- Semirara Mining Corp, Philippines
- Power Finance Corporation Ltd., India
- Kalimantan Lumbung Energi - Indonesia
- Indo Tambangraya Megah - Indonesia
- Star Paper Mills Limited - India
- Attock Cement Pakistan Limited
- Edison Trading Spa - Italy
- Orica Mining Services - Indonesia
- Meralco Power Generation, Philippines
- SN Aboitiz Power Inc, Philippines
- Indonesian Coal Mining Association
- India Bulls Power Limited - India
- Timah Investasi Mineral - Indoneisa
- Aditya Birla Group - India
- Bayan Resources Tbk. - Indonesia
- Sree Jayajothi Cements Limited - India
- London Commodity Brokers - England
- Siam City Cement - Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Bharathi Cement Corporation - India
- Global Green Power PLC Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Iligan Light & Power Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Banpu Public Company Limited - Thailand
- Gujarat Electricity Regulatory Commission - India
- South Luzon Thermal Energy Corporation
- Indogreen Group - Indonesia
- Parliament of New Zealand
- ICICI Bank Limited - India
- Commonwealth Bank - Australia
- Baramulti Group, Indonesia
- Sindya Power Generating Company Private Ltd
- Semirara Mining and Power Corporation, Philippines
- Australian Coal Association
- Bahari Cakrawala Sebuku - Indonesia
- Larsen & Toubro Limited - India
- VISA Power Limited - India
- McConnell Dowell - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Anglo American - United Kingdom
- Vedanta Resources Plc - India
- Kepco SPC Power Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- GMR Energy Limited - India
- Formosa Plastics Group - Taiwan
- Heidelberg Cement - Germany
- Pendopo Energi Batubara - Indonesia
- CNBM International Corporation - China
- New Zealand Coal & Carbon
- San Jose City I Power Corp, Philippines
- Indian Oil Corporation Limited
- Mjunction Services Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Economic Council, Georgia
- TNB Fuel Sdn Bhd - Malaysia
- The State Trading Corporation of India Ltd
- Toyota Tsusho Corporation, Japan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PNOC Exploration Corporation - Philippines
- Rashtriya Ispat Nigam Limited - India
- Marubeni Corporation - India
- Alfred C Toepfer International GmbH - Germany
- Uttam Galva Steels Limited - India
- Independent Power Producers Association of India
- IHS Mccloskey Coal Group - USA
- TeaM Sual Corporation - Philippines
- Minerals Council of Australia
- Therma Luzon, Inc, Philippines
- Mercator Lines Limited - India
- Standard Chartered Bank - UAE
- Sakthi Sugars Limited - India
- Price Waterhouse Coopers - Russia
- Merrill Lynch Commodities Europe
- Holcim Trading Pte Ltd - Singapore
- Coal and Oil Company - UAE
- Karaikal Port Pvt Ltd - India
- Sojitz Corporation - Japan
- Petrochimia International Co. Ltd.- Taiwan
- Salva Resources Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Vizag Seaport Private Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Deloitte Consulting - India
- Borneo Indobara - Indonesia
- International Coal Ventures Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Interocean Group of Companies - India
- Siam City Cement PLC, Thailand
- Central Electricity Authority - India
- Tamil Nadu electricity Board
- PowerSource Philippines DevCo
- Bukit Baiduri Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Metalloyd Limited - United Kingdom
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