COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
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.

Recent News

Tuesday, 05 October 10
EWP SEEKING VIETNAMS ANTHRACITE COAL
COALspot.com: South Korea’s EWP is seeking Min 200,000MT of Vietnam coal with plus or minus 30,000MT at EWP’s (Korea East West Power Co ...


Monday, 04 October 10
2 BLN TONS OF COAL RESERVES DISCOVERED IN SOUTHERN PAKISTAN - XINHUA / HELLENIC SHIPPING
Xinhua and Hellenic Shipping reporte dhtat, the discovery of at least two billion tons of usable coal reserves has been confirmed in one of the ...


Sunday, 03 October 10
THE BDI WAS JUST INCREASED BY 8 POINTS AND CLOSED AT 2452 POINTS LAST FRIDAY - VISTAAR
COALspot.com: The BDI was almost at same levels  and just increased by 8 points and closed at 2452 points , however the cape index was up by al ...


Sunday, 03 October 10
NALCO TO FINALIZE INDONESIA COAL DEAL BY JANUARY - HINDUSTAN TIMES
HindustanTimes reported that, state-owned National Aluminium Company (NALCO) will finalise a deal with a coal source in Indonesia for its $4 billion ...


Sunday, 03 October 10
INDONESIA WILL BECOME A NET IMPORTER OF ENERGY IN 2030 - BPPT
Jakarta Updates reported that,Indonesian Agency for the Assessment and Application of Technology (BPPT) predicted that the energy situation in Indon ...


   1115 1116 1117 1118 1119   
Showing 5581 to 5585 news of total 6871
News by Category
Popular News
 
Total Members : 28,691
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Sakthi Sugars Limited - India
  • SN Aboitiz Power Inc, Philippines
  • Malco - India
  • Australian Coal Association
  • Indika Energy - Indonesia
  • Port Waratah Coal Services - Australia
  • Binh Thuan Hamico - Vietnam
  • Tata Chemicals Ltd - India
  • Planning Commission, India
  • Siam City Cement PLC, Thailand
  • Anglo American - United Kingdom
  • Permata Bank - Indonesia
  • Fearnleys - India
  • European Bulk Services B.V. - Netherlands
  • Timah Investasi Mineral - Indoneisa
  • CNBM International Corporation - China
  • Arch Coal - USA
  • Sarangani Energy Corporation, Philippines
  • GNFC Limited - India
  • Ambuja Cements Ltd - India
  • Kideco Jaya Agung - Indonesia
  • Ernst & Young Pvt. Ltd.
  • Parry Sugars Refinery, India
  • Minerals Council of Australia
  • Uttam Galva Steels Limited - India
  • UBS Singapore
  • LBH Netherlands Bv - Netherlands
  • Gresik Semen - Indonesia
  • Coeclerici Indonesia
  • Indo Tambangraya Megah - Indonesia
  • McConnell Dowell - Australia
  • Global Business Power Corporation, Philippines
  • Bulk Trading Sa - Switzerland
  • Mercuria Energy - Indonesia
  • Ministry of Finance - Indonesia
  • Kaltim Prima Coal - Indonesia
  • Merrill Lynch Bank
  • Inspectorate - India
  • KPMG - USA
  • Billiton Holdings Pty Ltd - Australia
  • Bukit Makmur.PT - Indonesia
  • New Zealand Coal & Carbon
  • Semirara Mining and Power Corporation, Philippines
  • Deloitte Consulting - India
  • Kobexindo Tractors - Indoneisa
  • GN Power Mariveles Coal Plant, Philippines
  • Chettinad Cement Corporation Ltd - India
  • OPG Power Generation Pvt Ltd - India
  • GVK Power & Infra Limited - India
  • Petron Corporation, Philippines
  • The Treasury - Australian Government
  • Karbindo Abesyapradhi - Indoneisa
  • EIA - United States
  • CCIC - Indonesia
  • Goldman Sachs - Singapore
  • Karaikal Port Pvt Ltd - India
  • Mitra SK Pvt Ltd - India
  • Wilmar Investment Holdings
  • HSBC - Hong Kong
  • McKinsey & Co - India
  • London Commodity Brokers - England
  • Merrill Lynch Commodities Europe
  • J M Baxi & Co - India
  • Berau Coal - Indonesia
  • Lanco Infratech Ltd - India
  • Meenaskhi Energy Private Limited - India
  • Agrawal Coal Company - India
  • Electricity Authority, New Zealand
  • Globalindo Alam Lestari - Indonesia
  • Chamber of Mines of South Africa
  • Mintek Dendrill Indonesia
  • Deutsche Bank - India
  • Economic Council, Georgia
  • Petrosea - Indonesia
  • Indonesian Coal Mining Association
  • Directorate Of Revenue Intelligence - India
  • Parliament of New Zealand
  • Aboitiz Power Corporation - Philippines
  • PNOC Exploration Corporation - Philippines
  • Jatenergy - Australia
  • Asia Cement - Taiwan
  • Bukit Baiduri Energy - Indonesia
  • Renaissance Capital - South Africa
  • Aditya Birla Group - India
  • Commonwealth Bank - Australia
  • IBC Asia (S) Pte Ltd
  • Peabody Energy - USA
  • Simpson Spence & Young - Indonesia
  • Cargill India Pvt Ltd
  • Essar Steel Hazira Ltd - India
  • UOB Asia (HK) Ltd
  • Clarksons - UK
  • Thiess Contractors Indonesia
  • Bank of China, Malaysia
  • Geoservices-GeoAssay Lab
  • Cebu Energy, Philippines
  • NALCO India
  • PetroVietnam
  • Independent Power Producers Association of India
  • Jaiprakash Power Ventures ltd
  • GHCL Limited - India
  • MS Steel International - UAE
  • Kobe Steel Ltd - Japan
  • Medco Energi Mining Internasional
  • Panama Canal Authority
  • BNP Paribas - Singapore
  • Barasentosa Lestari - Indonesia
  • Russian Coal LLC
  • Alfred C Toepfer International GmbH - Germany
  • Holcim Trading Pte Ltd - Singapore
  • Kartika Selabumi Mining - Indonesia
  • KOWEPO - South Korea
  • Price Waterhouse Coopers - Russia
  • Borneo Indobara - Indonesia
  • ICICI Bank Limited - India
  • Rudhra Energy - India
  • Oldendorff Carriers - Singapore
  • Total Coal South Africa
  • Salva Resources Pvt Ltd - India
  • Electricity Generating Authority of Thailand
  • Arutmin Indonesia
  • Rio Tinto Coal - Australia
  • Makarim & Taira - Indonesia
  • Enel Italy
  • Marubeni Corporation - India
  • Energy Development Corp, Philippines
  • White Energy Company Limited
  • TNPL - India
  • Thriveni
  • Siam City Cement - Thailand
  • PLN - Indonesia
  • KEPCO - South Korea
  • Sree Jayajothi Cements Limited - India
  • Xindia Steels Limited - India
  • Romanian Commodities Exchange
  • ACC Limited - India
  • TANGEDCO India
  • Banpu Public Company Limited - Thailand
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Iligan Light & Power Inc, Philippines
  • World Coal - UK
  • Malabar Cements Ltd - India
  • Krishnapatnam Port Company Ltd. - India
  • SUEK AG - Indonesia
  • The India Cements Ltd
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • KPCL - India
  • Bayan Resources Tbk. - Indonesia
  • Gujarat Sidhee Cement - India
  • The State Trading Corporation of India Ltd
  • Coastal Gujarat Power Limited - India
  • Vizag Seaport Private Limited - India
  • Formosa Plastics Group - Taiwan
  • AsiaOL BioFuels Corp., Philippines
  • Meralco Power Generation, Philippines
  • Therma Luzon, Inc, Philippines
  • Pipit Mutiara Jaya. PT, Indonesia
  • Directorate General of MIneral and Coal - Indonesia
  • Star Paper Mills Limited - India
  • Reliance Power - India
  • Neyveli Lignite Corporation Ltd, - India
  • Petrochimia International Co. Ltd.- Taiwan
  • Central Electricity Authority - India
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Australian Commodity Traders Exchange
  • Cardiff University - UK
  • Asian Development Bank
  • Barclays Capital - USA
  • Adani Power Ltd - India
  • Gupta Coal India Ltd
  • Infraline Energy - India
  • Coal India Limited
  • Bhoruka Overseas - Indonesia
  • Ministry of Mines - Canada
  • TNB Fuel Sdn Bhd - Malaysia
  • Energy Link Ltd, New Zealand
  • Kumho Petrochemical, South Korea
  • Georgia Ports Authority, United States
  • Eastern Energy - Thailand
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Power Finance Corporation Ltd., India
  • Platou - Singapore
  • Asmin Koalindo Tuhup - Indonesia
  • Coal and Oil Company - UAE
  • Cemex - Philippines
  • Thailand Anthracite
  • JPower - Japan
  • Global Coal Blending Company Limited - Australia
  • Sojitz Corporation - Japan
  • TGV SRAAC LIMITED, India
  • Bahari Cakrawala Sebuku - Indonesia
  • San Jose City I Power Corp, Philippines
  • Tata Power - India
  • Kalimantan Lumbung Energi - Indonesia
  • Metalloyd Limited - United Kingdom
  • Miang Besar Coal Terminal - Indonesia
  • Cosco
  • Surastha Cement
  • TRAFIGURA, South Korea
  • Madhucon Powers Ltd - India
  • Vedanta Resources Plc - India
  • Mitsubishi Corporation
  • Attock Cement Pakistan Limited
  • Samtan Co., Ltd - South Korea
  • Maybank - Singapore
  • Credit Suisse - India
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Eastern Coal Council - USA
  • ETA - Dubai
  • IEA Clean Coal Centre - UK
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • TeaM Sual Corporation - Philippines
  • Latin American Coal - Colombia
  • Glencore India Pvt. Ltd
  • Tamil Nadu electricity Board
  • Indogreen Group - Indonesia
  • NTPC Limited - India
  • Orica Mining Services - Indonesia
  • Freeport Indonesia
  • SMG Consultants - Indonesia
  • APGENCO India
  • Vitol - Bahrain
  • Runge Indonesia
  • SGS (Thailand) Limited
  • Shree Cement - India
  • Grasim Industreis Ltd - India
  • Lafarge - France
  • Bukit Asam (Persero) Tbk - Indonesia
  • ING Bank NV - Singapore
  • PTC India Limited - India
  • Dalmia Cement Bharat India
  • Leighton Contractors Pty Ltd - Australia
  • Bharathi Cement Corporation - India
  • Bangladesh Power Developement Board
  • Japan Coal Energy Center
  • Pinang Coal Indonesia
  • Heidelberg Cement - Germany
  • Moodys - Singapore
  • Xstrata Coal
  • Ind-Barath Power Infra Limited - India
  • Gujarat Electricity Regulatory Commission - India
  • Edison Trading Spa - Italy
  • South Luzon Thermal Energy Corporation
  • Samsung - South Korea
  • Thomson Reuters GRC
  • GMR Energy Limited - India
  • The University of Queensland
  • Trasteel International SA, Italy
  • Adaro Indonesia
  • Qatrana Cement - Jordan
  • Orica Australia Pty. Ltd.
  • BRS Brokers - Singapore
  • ASAPP Information Group - India
  • Videocon Industries ltd - India
  • Kohat Cement Company Ltd. - Pakistan
  • Inco-Indonesia
  • Jorong Barutama Greston.PT - Indonesia
  • CIMB Investment Bank - Malaysia
  • bp singapore
  • Thai Mozambique Logistica
  • IOL Indonesia
  • Bhushan Steel Limited - India
  • Sindya Power Generating Company Private Ltd
  • globalCOAL - UK
  • Tanito Harum - Indonesia
  • Manunggal Multi Energi - Indonesia
  • Wood Mackenzie - Singapore
  • Sucofindo - Indonesia
  • Mjunction Services Limited - India
  • Maheswari Brothers Coal Limited - India
  • Indonesia Power. PT
  • ANZ Bank - Australia
  • Ministry of Transport, Egypt
  • Coal Orbis AG
  • WorleyParsons
  • Sinarmas Energy and Mining - Indonesia
  • PetroVietnam Power Coal Import and Supply Company
  • Riau Bara Harum - Indonesia
  • Indian Energy Exchange, India
  • India Bulls Power Limited - India
  • Noble Europe Ltd - UK
  • Mercator Lines Limited - India
  • Maharashtra Electricity Regulatory Commission - India
  • Ince & co LLP
  • Singapore Mercantile Exchange
  • Standard Chartered Bank - UAE
  • Straits Asia Resources Limited - Singapore
  • Ceylon Electricity Board - Sri Lanka
  • Cement Manufacturers Association - India
  • Antam Resourcindo - Indonesia
  • Interocean Group of Companies - India
  • Indorama - Singapore
  • Cigading International Bulk Terminal - Indonesia
  • DBS Bank - Singapore
  • Britmindo - Indonesia
  • Pendopo Energi Batubara - Indonesia
  • Baramulti Group, Indonesia
  • OCBC - Singapore
  • Maersk Broker
  • Rashtriya Ispat Nigam Limited - India
  • IMC Shipping - Singapore
  • Intertek Mineral Services - Indonesia
  • International Coal Ventures Pvt Ltd - India
  • Posco Energy - South Korea
  • Sical Logistics Limited - India
  • Core Mineral Indonesia
  • Mitsui
  • Maruti Cements - India
  • Vijayanagar Sugar Pvt Ltd - India
  • Semirara Mining Corp, Philippines
  • Gujarat Mineral Development Corp Ltd - India
  • SMC Global Power, Philippines
  • Toyota Tsusho Corporation, Japan
  • Platts
  • SASOL - South Africa
  • Coalindo Energy - Indonesia
  • Coaltrans Conferences
  • World Bank
  • Indian School of Mines
  • PowerSource Philippines DevCo
  • Kapuas Tunggal Persada - Indonesia
  • GB Group - China
  • Central Java Power - Indonesia
  • CoalTek, United States
  • Bhatia International Limited - India
  • U S Energy Resources
  • Carbofer General Trading SA - India
  • Savvy Resources Ltd - HongKong
  • MEC Coal - Indonesia
  • Global Green Power PLC Corporation, Philippines
  • Argus Media - Singapore
  • SRK Consulting
  • PLN Batubara - Indonesia
  • VISA Power Limited - India
  • IHS Mccloskey Coal Group - USA
  • Larsen & Toubro Limited - India
  • Jindal Steel & Power Ltd - India
  • Bangkok Bank PCL
  • Altura Mining Limited, Indonesia
  • Mechel - Russia
  • RBS Sempra - UK
  • Vale Mozambique
  • Bank of America
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Indian Oil Corporation Limited
  • Kepco SPC Power Corporation, Philippines
  • Humpuss - Indonesia
  • Shenhua Group - China
  • EMO - The Netherlands
  • Thermax Limited - India
  • GAC Shipping (India) Pvt Ltd
  • JPMorgan - India
  • CESC Limited - India
  • Africa Commodities Group - South Africa
  • Idemitsu - Japan