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.
|
|
Friday, 15 July 11
BUKIT ASAM 1H COAL SALES UP 44 PERCENT
The state-controlled PT Tambang Batubara Bukit Asam Tbk (PTBA) is estimated to post 6.5 million tons of coal sales in the first half of this year, a ...
Thursday, 14 July 11
INDO GOVT. SETS JULY COAL REFERENCE PRICE AT US$ 118.24 PER TON
COALspot.com - The Ministry of Energy & Mineral Resources of Indonesia sets coal spot price benchmark for July 2011 at US$ 118.24 per ton, US$ 0 ...
Thursday, 14 July 11
DRY BULK MARKET KEEPS FALLING ON WEAK CAPESIZE SENTIMENT - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market kept on retreating on Wednesday, with the Baltic Dry Index (BDI) falling to 1,383 points, from 1,411 of the previous day. Capesi ...
Thursday, 14 July 11
UNITED TRACTORS BUYS DUTA SEJAHTERA - INSIDER STORIES
Insider Stories reported that, PT United Tractors Tbk (UNTR), via a wholly-owned subsidiary PT Tuah Turangga Agung, will acquire PT Duta Sejahtera a ...
Wednesday, 13 July 11
ANOTHER FIRMER WEEK FOR THE CAPES - BRS
Barry Rogliano Salles reported that, there were mixed results for the dry bulk market this week: the Capesize and Panamax markets performed well gai ...
|
|
|
Showing 5191 to 5195 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- TeaM Sual Corporation - Philippines
- Videocon Industries ltd - India
- Minerals Council of Australia
- Larsen & Toubro Limited - India
- ASAPP Information Group - India
- PetroVietnam Power Coal Import and Supply Company
- Formosa Plastics Group - Taiwan
- Romanian Commodities Exchange
- London Commodity Brokers - England
- Indika Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Energy Link Ltd, New Zealand
- Thiess Contractors Indonesia
- Ind-Barath Power Infra Limited - India
- New Zealand Coal & Carbon
- Trasteel International SA, Italy
- Toyota Tsusho Corporation, Japan
- Vizag Seaport Private Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Borneo Indobara - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Baramulti Group, Indonesia
- Tata Chemicals Ltd - India
- Xindia Steels Limited - India
- PowerSource Philippines DevCo
- Intertek Mineral Services - Indonesia
- Sree Jayajothi Cements Limited - India
- Indian Oil Corporation Limited
- Vijayanagar Sugar Pvt Ltd - India
- Lanco Infratech Ltd - India
- Edison Trading Spa - Italy
- Africa Commodities Group - South Africa
- Gujarat Electricity Regulatory Commission - India
- Port Waratah Coal Services - Australia
- Energy Development Corp, Philippines
- Sojitz Corporation - Japan
- Commonwealth Bank - Australia
- Holcim Trading Pte Ltd - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sical Logistics Limited - India
- Economic Council, Georgia
- Maharashtra Electricity Regulatory Commission - India
- Bhatia International Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Makarim & Taira - Indonesia
- Jindal Steel & Power Ltd - India
- Meenaskhi Energy Private Limited - India
- The State Trading Corporation of India Ltd
- Kartika Selabumi Mining - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- ICICI Bank Limited - India
- Alfred C Toepfer International GmbH - Germany
- Uttam Galva Steels Limited - India
- AsiaOL BioFuels Corp., Philippines
- Indonesian Coal Mining Association
- Straits Asia Resources Limited - Singapore
- Kepco SPC Power Corporation, Philippines
- SMC Global Power, Philippines
- Carbofer General Trading SA - India
- Ceylon Electricity Board - Sri Lanka
- Chamber of Mines of South Africa
- Coal and Oil Company - UAE
- SN Aboitiz Power Inc, Philippines
- PTC India Limited - India
- PNOC Exploration Corporation - Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Global Coal Blending Company Limited - Australia
- Ministry of Finance - Indonesia
- India Bulls Power Limited - India
- Central Java Power - Indonesia
- Electricity Generating Authority of Thailand
- Rio Tinto Coal - Australia
- GAC Shipping (India) Pvt Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Malabar Cements Ltd - India
- Bharathi Cement Corporation - India
- Metalloyd Limited - United Kingdom
- Planning Commission, India
- Altura Mining Limited, Indonesia
- Miang Besar Coal Terminal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Meralco Power Generation, Philippines
- Heidelberg Cement - Germany
- VISA Power Limited - India
- Globalindo Alam Lestari - Indonesia
- SMG Consultants - Indonesia
- Mjunction Services Limited - India
- Posco Energy - South Korea
- Petrochimia International Co. Ltd.- Taiwan
- Kobexindo Tractors - Indoneisa
- Manunggal Multi Energi - Indonesia
- Eastern Energy - Thailand
- Wilmar Investment Holdings
- Power Finance Corporation Ltd., India
- European Bulk Services B.V. - Netherlands
- Indo Tambangraya Megah - Indonesia
- GMR Energy Limited - India
- The Treasury - Australian Government
- Bulk Trading Sa - Switzerland
- Ambuja Cements Ltd - India
- McConnell Dowell - Australia
- Interocean Group of Companies - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Standard Chartered Bank - UAE
- Semirara Mining Corp, Philippines
- White Energy Company Limited
- Sarangani Energy Corporation, Philippines
- Barasentosa Lestari - Indonesia
- OPG Power Generation Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Mercator Lines Limited - India
- Kumho Petrochemical, South Korea
- Aditya Birla Group - India
- Kohat Cement Company Ltd. - Pakistan
- Orica Australia Pty. Ltd.
- CIMB Investment Bank - Malaysia
- Vedanta Resources Plc - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Marubeni Corporation - India
- Maheswari Brothers Coal Limited - India
- Bhushan Steel Limited - India
- Jaiprakash Power Ventures ltd
- Anglo American - United Kingdom
- Antam Resourcindo - Indonesia
- Parry Sugars Refinery, India
- Sakthi Sugars Limited - India
- Essar Steel Hazira Ltd - India
- Chettinad Cement Corporation Ltd - India
- Banpu Public Company Limited - Thailand
- Bangladesh Power Developement Board
- Indian Energy Exchange, India
- San Jose City I Power Corp, Philippines
- Timah Investasi Mineral - Indoneisa
- Mercuria Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- Siam City Cement PLC, Thailand
- Salva Resources Pvt Ltd - India
- Coalindo Energy - Indonesia
- Merrill Lynch Commodities Europe
- Cigading International Bulk Terminal - Indonesia
- Kideco Jaya Agung - Indonesia
- Bayan Resources Tbk. - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Oldendorff Carriers - Singapore
- Bukit Baiduri Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Jorong Barutama Greston.PT - Indonesia
- IEA Clean Coal Centre - UK
- Central Electricity Authority - India
- International Coal Ventures Pvt Ltd - India
- Parliament of New Zealand
- Wood Mackenzie - Singapore
- Eastern Coal Council - USA
- Deloitte Consulting - India
- Electricity Authority, New Zealand
- Grasim Industreis Ltd - India
- Binh Thuan Hamico - Vietnam
- Petron Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Price Waterhouse Coopers - Russia
- Neyveli Lignite Corporation Ltd, - India
- Madhucon Powers Ltd - India
- Goldman Sachs - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Georgia Ports Authority, United States
- South Luzon Thermal Energy Corporation
- Kaltim Prima Coal - Indonesia
- The University of Queensland
- LBH Netherlands Bv - Netherlands
- Renaissance Capital - South Africa
- Ministry of Transport, Egypt
- Rashtriya Ispat Nigam Limited - India
- Gujarat Sidhee Cement - India
- Bhoruka Overseas - Indonesia
- Global Business Power Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Kapuas Tunggal Persada - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Australian Coal Association
- MS Steel International - UAE
- Indogreen Group - Indonesia
- Cement Manufacturers Association - India
- Attock Cement Pakistan Limited
- Leighton Contractors Pty Ltd - Australia
- CNBM International Corporation - China
- Independent Power Producers Association of India
- Orica Mining Services - Indonesia
- Global Green Power PLC Corporation, Philippines
- Australian Commodity Traders Exchange
- Mintek Dendrill Indonesia
- Dalmia Cement Bharat India
- Singapore Mercantile Exchange
- Coastal Gujarat Power Limited - India
- Pendopo Energi Batubara - Indonesia
- Ministry of Mines - Canada
- Bukit Makmur.PT - Indonesia
- Samtan Co., Ltd - South Korea
- Semirara Mining and Power Corporation, Philippines
- Thai Mozambique Logistica
- Sinarmas Energy and Mining - Indonesia
- Directorate Of Revenue Intelligence - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Star Paper Mills Limited - India
- Iligan Light & Power Inc, Philippines
- Riau Bara Harum - Indonesia
- Savvy Resources Ltd - HongKong
- Karaikal Port Pvt Ltd - India
- Agrawal Coal Company - India
- Latin American Coal - Colombia
- GVK Power & Infra Limited - India
- Siam City Cement - Thailand
- Tamil Nadu electricity Board
- Therma Luzon, Inc, Philippines
- Simpson Spence & Young - Indonesia
- Medco Energi Mining Internasional
|
| |
| |
|
