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.
|
|
Thursday, 29 December 11
NEW VESSELS DELIVERED ARE FLOODING THE OCEANS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
As expected 2011 has been the year that newbuilding deliveries peaked and kept "flooding" the market, thus supressing freight rates and er ...
Tuesday, 27 December 11
MINERS MAKE CASE FOR RESUMING CONTRACT NEGOTIATIONS - THE JAKARTA POST
The Jakarta Post reported that, problems with the renegotiation of mining contracts in the country are far from over, as agreements on several cruci ...
Tuesday, 27 December 11
COAL SHIPMENT OF TIANJIN PORT REACHED 6.72 MLN TONNES IN NOVEMBER - STEEL HOME / HELLENIC SHIPPING
Tianjin port shipped 6.72 million tonnes of coal in November, decreasing 600,000 tonnes versus 7.32 million tonnes in October, while up 21.09% or 1. ...
Tuesday, 27 December 11
NEW CLAUSE PUBLISHED FOR SLOW STEAMING - BIMCO
Many owners and operators faced with high bunker prices are considering implementing slow steaming regimes to save fuel and to assist with capacity ...
Monday, 26 December 11
NEW EXPORT TAX PLAN GREETED WITH PRAISE AND CRITICISM - THE JAKARTA POST
The Jakarta Post, one of the Indonesia's leading english news paper reported that, both praise and criticism showered the government’s plan t ...
|
|
|
Showing 4911 to 4915 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Africa Commodities Group - South Africa
- Maharashtra Electricity Regulatory Commission - India
- Electricity Authority, New Zealand
- Coastal Gujarat Power Limited - India
- Bulk Trading Sa - Switzerland
- South Luzon Thermal Energy Corporation
- Medco Energi Mining Internasional
- Commonwealth Bank - Australia
- Kobexindo Tractors - Indoneisa
- Chamber of Mines of South Africa
- Maheswari Brothers Coal Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Wood Mackenzie - Singapore
- Essar Steel Hazira Ltd - India
- Vedanta Resources Plc - India
- Sarangani Energy Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Bhoruka Overseas - Indonesia
- SMC Global Power, Philippines
- Attock Cement Pakistan Limited
- Bukit Asam (Persero) Tbk - Indonesia
- Indogreen Group - Indonesia
- LBH Netherlands Bv - Netherlands
- India Bulls Power Limited - India
- VISA Power Limited - India
- GMR Energy Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Siam City Cement PLC, Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Pendopo Energi Batubara - Indonesia
- San Jose City I Power Corp, Philippines
- Toyota Tsusho Corporation, Japan
- Straits Asia Resources Limited - Singapore
- Billiton Holdings Pty Ltd - Australia
- Karbindo Abesyapradhi - Indoneisa
- Central Java Power - Indonesia
- Tata Chemicals Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Electricity Generating Authority of Thailand
- Global Coal Blending Company Limited - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Carbofer General Trading SA - India
- New Zealand Coal & Carbon
- Siam City Cement - Thailand
- Singapore Mercantile Exchange
- Savvy Resources Ltd - HongKong
- Aditya Birla Group - India
- Merrill Lynch Commodities Europe
- Interocean Group of Companies - India
- Central Electricity Authority - India
- GN Power Mariveles Coal Plant, Philippines
- Malabar Cements Ltd - India
- Videocon Industries ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Indian Energy Exchange, India
- Directorate Of Revenue Intelligence - India
- Global Business Power Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Baramulti Group, Indonesia
- Sical Logistics Limited - India
- Riau Bara Harum - Indonesia
- Coal and Oil Company - UAE
- Petron Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Trasteel International SA, Italy
- The Treasury - Australian Government
- Mercator Lines Limited - India
- Marubeni Corporation - India
- CNBM International Corporation - China
- Latin American Coal - Colombia
- Timah Investasi Mineral - Indoneisa
- Mintek Dendrill Indonesia
- Indonesian Coal Mining Association
- Bangladesh Power Developement Board
- Agrawal Coal Company - India
- Ministry of Mines - Canada
- Energy Link Ltd, New Zealand
- Standard Chartered Bank - UAE
- Lanco Infratech Ltd - India
- Edison Trading Spa - Italy
- Manunggal Multi Energi - Indonesia
- PTC India Limited - India
- Karaikal Port Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Rashtriya Ispat Nigam Limited - India
- CIMB Investment Bank - Malaysia
- Bukit Makmur.PT - Indonesia
- GAC Shipping (India) Pvt Ltd
- Thiess Contractors Indonesia
- Eastern Energy - Thailand
- Bharathi Cement Corporation - India
- Sree Jayajothi Cements Limited - India
- Kepco SPC Power Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- ASAPP Information Group - India
- Ministry of Finance - Indonesia
- Tamil Nadu electricity Board
- Parry Sugars Refinery, India
- Sakthi Sugars Limited - India
- GVK Power & Infra Limited - India
- Larsen & Toubro Limited - India
- Mercuria Energy - Indonesia
- Sojitz Corporation - Japan
- Rio Tinto Coal - Australia
- Star Paper Mills Limited - India
- Bhatia International Limited - India
- Gujarat Electricity Regulatory Commission - India
- Therma Luzon, Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Australian Coal Association
- Energy Development Corp, Philippines
- Meralco Power Generation, Philippines
- Aboitiz Power Corporation - Philippines
- Makarim & Taira - Indonesia
- Mjunction Services Limited - India
- SN Aboitiz Power Inc, Philippines
- Antam Resourcindo - Indonesia
- Australian Commodity Traders Exchange
- Neyveli Lignite Corporation Ltd, - India
- Power Finance Corporation Ltd., India
- PNOC Exploration Corporation - Philippines
- Xindia Steels Limited - India
- Global Green Power PLC Corporation, Philippines
- Parliament of New Zealand
- Eastern Coal Council - USA
- OPG Power Generation Pvt Ltd - India
- Goldman Sachs - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Gujarat Sidhee Cement - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- The State Trading Corporation of India Ltd
- Dalmia Cement Bharat India
- Formosa Plastics Group - Taiwan
- Anglo American - United Kingdom
- Kapuas Tunggal Persada - Indonesia
- Romanian Commodities Exchange
- Meenaskhi Energy Private Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Posco Energy - South Korea
- McConnell Dowell - Australia
- Samtan Co., Ltd - South Korea
- Kideco Jaya Agung - Indonesia
- Coalindo Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ind-Barath Power Infra Limited - India
- White Energy Company Limited
- Vijayanagar Sugar Pvt Ltd - India
- London Commodity Brokers - England
- Kumho Petrochemical, South Korea
- Indian Oil Corporation Limited
- Thai Mozambique Logistica
- Globalindo Alam Lestari - Indonesia
- Minerals Council of Australia
- Ambuja Cements Ltd - India
- Bukit Baiduri Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- Uttam Galva Steels Limited - India
- Heidelberg Cement - Germany
- AsiaOL BioFuels Corp., Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Port Waratah Coal Services - Australia
- Indika Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Planning Commission, India
- Kartika Selabumi Mining - Indonesia
- Salva Resources Pvt Ltd - India
- ICICI Bank Limited - India
- Vizag Seaport Private Limited - India
- MS Steel International - UAE
- Semirara Mining Corp, Philippines
- Metalloyd Limited - United Kingdom
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Binh Thuan Hamico - Vietnam
- Wilmar Investment Holdings
- Simpson Spence & Young - Indonesia
- Georgia Ports Authority, United States
- TeaM Sual Corporation - Philippines
- Intertek Mineral Services - Indonesia
- Sindya Power Generating Company Private Ltd
- Banpu Public Company Limited - Thailand
- Jindal Steel & Power Ltd - India
- Oldendorff Carriers - Singapore
- Kaltim Prima Coal - Indonesia
- Indo Tambangraya Megah - Indonesia
- Economic Council, Georgia
- Krishnapatnam Port Company Ltd. - India
- Jaiprakash Power Ventures ltd
- The University of Queensland
- Borneo Indobara - Indonesia
- Orica Mining Services - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Miang Besar Coal Terminal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Cement Manufacturers Association - India
- Madhucon Powers Ltd - India
- Price Waterhouse Coopers - Russia
- Sinarmas Energy and Mining - Indonesia
- International Coal Ventures Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Altura Mining Limited, Indonesia
- Independent Power Producers Association of India
- SMG Consultants - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Ceylon Electricity Board - Sri Lanka
- Asmin Koalindo Tuhup - Indonesia
- Iligan Light & Power Inc, Philippines
- Ministry of Transport, Egypt
- Deloitte Consulting - India
- IEA Clean Coal Centre - UK
- Grasim Industreis Ltd - India
- Renaissance Capital - South Africa
- Bhushan Steel Limited - India
- PowerSource Philippines DevCo
- Chettinad Cement Corporation Ltd - India
|
| |
| |
|
