We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Saturday, 30 May 09
COAL INDIA SIGNS FUEL SUPPLY AGREEMENT WITH NTPC - SINDHTODAY
 India’s largest coal miner Coal India Friday inked a much-awaited fuel supply agreement (FSA) with power generation major NTPC Ltd.
In the agreement both sides have settled for a ‘trigger level’ of 90 percent. Trigger level is the minimum assured level of coal supply and offtake, failing which either of the parties will attract penalty.
Earlier Coal India had insisted on a trigger level of 75 percent, but NTPC had asked for 90 percent.
The FSA signed here is the first between Coal India and any power utility and would serve as the model for all subsequent agreements between coal companies and power agencies, Coal India chairman Partha Bhattacharyya said.
“We will now sign such pacts with state power utilities and other power companies,” he told reporters.
As per the new coal distribution policy (NCDP) of the central government, coal companies are required to supply the black gold to consumers through legally enforceable FSAs with performance-based ‘take or pay’ provision.
Out of its 1,222 valid consumers, Coal India has formulated FSAs with 1,167, but so far it had not entered into any such pact with any power utility.
More than 75 percent of Coal India’s production is lapped up by power utilities.
The Central Electricity Authority (CEA), which played a pivotal role in formulating the FSA, has developed an all India coal supply matrix for all 78 power stations in which Coal India will supply a total aggregate annual contracted quantity (ACQ) of 306 million tonnes, Bhattacharyya said.
The tenure of the FSA with power utilities will be a maximum of 20 years or till the end of the life of the power station, whichever is earlier. However, there are provisions for a joint review of the ACQ after five years.
The coal company will get a bonus if it can supply more than the trigger level of 90 percent of the ACQ, but will have to shell out a penalty to the power agency if the supply falls below the trigger level.
Similarly, the power utilities will be eligible for a bonus if they can lift more than the trigger level of 90 percent of the ACQ, but pay a compensation in case the lifted quantity falls below the trigger level.
NTPC chairman R.S. Sharma was also present at the media meet.
Source: http://www.sindhtoday.net/news/1/15435.htm
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Saturday, 03 September 11
FEW SHIPS REPORTED FIXED FROM INDONESIA TO INDIA - VISTAAR
COALspot.com - The freight market continued the upward trend during last week with BDI up by about 13 pct closing at 1,740 points and cape index up ...
Saturday, 03 September 11
TNPL TO BUY 240K MT OF NON-COKING COAL
COALspot.com - Tamil Nadu Newsprint and Papers Limited (TNPL), is seeking to procure 240,000 MT +/- 5 percent of non-coking imported coal with ...
Friday, 02 September 11
CAPESIZE DEMAND LIFTS DRY BULK MARKET ONCE AGAIN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In what proves to be the best week of the year for Capesize owners, strong demand has helped propel the dry bulk market to new highs yesterday. The ...
Thursday, 01 September 11
EWP TO BUY 195KT OF VIETNAM COAL
COALspot.com - Korea Midland Power (KOMIPO) has issued an International open bidding for 490kt of sub bituminous coal, according to a bid invitation ...
Thursday, 01 September 11
DRY BULK MARKET TAKES GREAT LEAP FORWARD - NIKOS ROUSSANOGLOU
In what turned out to be a rather hopeful ending of the month, the last day of August saw the dry bulk market’s benchmark, the BDI (Baltic Dry ...
|
|
|
Showing 5106 to 5110 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Iligan Light & Power Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Carbofer General Trading SA - India
- IEA Clean Coal Centre - UK
- VISA Power Limited - India
- Medco Energi Mining Internasional
- Sical Logistics Limited - India
- Sarangani Energy Corporation, Philippines
- Aditya Birla Group - India
- Eastern Coal Council - USA
- Africa Commodities Group - South Africa
- The Treasury - Australian Government
- Anglo American - United Kingdom
- Standard Chartered Bank - UAE
- Kohat Cement Company Ltd. - Pakistan
- Banpu Public Company Limited - Thailand
- Ceylon Electricity Board - Sri Lanka
- GN Power Mariveles Coal Plant, Philippines
- Oldendorff Carriers - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Indonesian Coal Mining Association
- Central Electricity Authority - India
- Agrawal Coal Company - India
- Kumho Petrochemical, South Korea
- Bhoruka Overseas - Indonesia
- Samtan Co., Ltd - South Korea
- Maharashtra Electricity Regulatory Commission - India
- Sinarmas Energy and Mining - Indonesia
- Timah Investasi Mineral - Indoneisa
- Bhatia International Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Vizag Seaport Private Limited - India
- Coal and Oil Company - UAE
- LBH Netherlands Bv - Netherlands
- Bhushan Steel Limited - India
- PNOC Exploration Corporation - Philippines
- Energy Development Corp, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Cement Manufacturers Association - India
- Electricity Generating Authority of Thailand
- Petrochimia International Co. Ltd.- Taiwan
- SN Aboitiz Power Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- Miang Besar Coal Terminal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Riau Bara Harum - Indonesia
- Antam Resourcindo - Indonesia
- Commonwealth Bank - Australia
- Merrill Lynch Commodities Europe
- Wood Mackenzie - Singapore
- Vedanta Resources Plc - India
- Rio Tinto Coal - Australia
- London Commodity Brokers - England
- Altura Mining Limited, Indonesia
- Trasteel International SA, Italy
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Xindia Steels Limited - India
- Kepco SPC Power Corporation, Philippines
- India Bulls Power Limited - India
- Central Java Power - Indonesia
- Minerals Council of Australia
- Metalloyd Limited - United Kingdom
- Pipit Mutiara Jaya. PT, Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Toyota Tsusho Corporation, Japan
- Bukit Asam (Persero) Tbk - Indonesia
- New Zealand Coal & Carbon
- Economic Council, Georgia
- Sakthi Sugars Limited - India
- PowerSource Philippines DevCo
- White Energy Company Limited
- Bulk Trading Sa - Switzerland
- Marubeni Corporation - India
- Kaltim Prima Coal - Indonesia
- Formosa Plastics Group - Taiwan
- Independent Power Producers Association of India
- SMC Global Power, Philippines
- Siam City Cement PLC, Thailand
- Tata Chemicals Ltd - India
- Orica Australia Pty. Ltd.
- Mercuria Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Leighton Contractors Pty Ltd - Australia
- Energy Link Ltd, New Zealand
- Indo Tambangraya Megah - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Kobexindo Tractors - Indoneisa
- Singapore Mercantile Exchange
- TNB Fuel Sdn Bhd - Malaysia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Parliament of New Zealand
- Heidelberg Cement - Germany
- Interocean Group of Companies - India
- Globalindo Alam Lestari - Indonesia
- GVK Power & Infra Limited - India
- The State Trading Corporation of India Ltd
- Lanco Infratech Ltd - India
- Intertek Mineral Services - Indonesia
- ASAPP Information Group - India
- Thai Mozambique Logistica
- Latin American Coal - Colombia
- Ministry of Finance - Indonesia
- Ambuja Cements Ltd - India
- CNBM International Corporation - China
- Orica Mining Services - Indonesia
- GAC Shipping (India) Pvt Ltd
- Dalmia Cement Bharat India
- Price Waterhouse Coopers - Russia
- Binh Thuan Hamico - Vietnam
- Romanian Commodities Exchange
- Thiess Contractors Indonesia
- Alfred C Toepfer International GmbH - Germany
- Karbindo Abesyapradhi - Indoneisa
- Planning Commission, India
- PetroVietnam Power Coal Import and Supply Company
- Sojitz Corporation - Japan
- The University of Queensland
- South Luzon Thermal Energy Corporation
- Salva Resources Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Tamil Nadu electricity Board
- Sindya Power Generating Company Private Ltd
- Bukit Makmur.PT - Indonesia
- Savvy Resources Ltd - HongKong
- Coastal Gujarat Power Limited - India
- Ministry of Mines - Canada
- Asmin Koalindo Tuhup - Indonesia
- TeaM Sual Corporation - Philippines
- McConnell Dowell - Australia
- Simpson Spence & Young - Indonesia
- Malabar Cements Ltd - India
- Deloitte Consulting - India
- Bharathi Cement Corporation - India
- Kapuas Tunggal Persada - Indonesia
- Indian Energy Exchange, India
- Coalindo Energy - Indonesia
- Gujarat Sidhee Cement - India
- MS Steel International - UAE
- Jaiprakash Power Ventures ltd
- International Coal Ventures Pvt Ltd - India
- Indian Oil Corporation Limited
- ICICI Bank Limited - India
- Australian Commodity Traders Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Madhucon Powers Ltd - India
- Baramulti Group, Indonesia
- Georgia Ports Authority, United States
- San Jose City I Power Corp, Philippines
- Attock Cement Pakistan Limited
- Holcim Trading Pte Ltd - Singapore
- Chettinad Cement Corporation Ltd - India
- Essar Steel Hazira Ltd - India
- Manunggal Multi Energi - Indonesia
- Edison Trading Spa - Italy
- Aboitiz Power Corporation - Philippines
- Straits Asia Resources Limited - Singapore
- Makarim & Taira - Indonesia
- Mintek Dendrill Indonesia
- Global Coal Blending Company Limited - Australia
- Borneo Indobara - Indonesia
- Jindal Steel & Power Ltd - India
- Renaissance Capital - South Africa
- GMR Energy Limited - India
- CIMB Investment Bank - Malaysia
- AsiaOL BioFuels Corp., Philippines
- Billiton Holdings Pty Ltd - Australia
- Therma Luzon, Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- OPG Power Generation Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Semirara Mining and Power Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- European Bulk Services B.V. - Netherlands
- Pendopo Energi Batubara - Indonesia
- Meenaskhi Energy Private Limited - India
- Australian Coal Association
- Star Paper Mills Limited - India
- Chamber of Mines of South Africa
- IHS Mccloskey Coal Group - USA
- Petron Corporation, Philippines
- Semirara Mining Corp, Philippines
- Bayan Resources Tbk. - Indonesia
- Barasentosa Lestari - Indonesia
- Grasim Industreis Ltd - India
- Wilmar Investment Holdings
- Jorong Barutama Greston.PT - Indonesia
- Global Business Power Corporation, Philippines
- Indogreen Group - Indonesia
- Posco Energy - South Korea
- Port Waratah Coal Services - Australia
- Uttam Galva Steels Limited - India
- Karaikal Port Pvt Ltd - India
- SMG Consultants - Indonesia
- Siam City Cement - Thailand
- Goldman Sachs - Singapore
- Bangladesh Power Developement Board
- Mercator Lines Limited - India
- Kideco Jaya Agung - Indonesia
- PTC India Limited - India
- Larsen & Toubro Limited - India
- Electricity Authority, New Zealand
- Parry Sugars Refinery, India
- Mjunction Services Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Meralco Power Generation, Philippines
- Maheswari Brothers Coal Limited - India
- Eastern Energy - Thailand
- Global Green Power PLC Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Indika Energy - Indonesia
- Ministry of Transport, Egypt
- Videocon Industries ltd - India
- Kartika Selabumi Mining - Indonesia
- Neyveli Lignite Corporation Ltd, - India
|
| |
| |
|
