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
Wednesday, 07 September 11
INDIA HIT BY INDONESIAS COAL PRICE - TEMPO INTERACTIVE


TEMPO Interactive, an Indonesian online news portal reported that, The Indian government has complained about the price increase of Indonesian coal, saying the hike has affected the operations of its power plants. “Some electricity companies are now having problems due to this,” said India’s Energy Minister K.C. Venugopal, quoted by the Press Trust India, last week.

Although Indian electricity companies own some shares and manage coal mines in Indonesia they cannot get a lower coal price, especially after the Indonesian government set a price margin for coal.

The government’s regulation has been deemed too strict and has forced businessmen to adjust their contracts in line with the rate increase.

The Indian government calculates power plant operations on an annual basis, taking into account the company’s performance, maintenance programs and the company’s contribution to the state electricity supply.

Two Indian electricity companies, Tata Power and Power Reliance, have sent letters to the ministry to mediate the problem between electricity buyers from the Mundra (Gujarat) and Krishnapatnam (Andhra Pradesh) projects with regards to the price increase. Both companies asked the government to allow them to increase the project value.

On a separate occasion, Indonesian Geothermal Association executive-director Supriatna Sahala said the problem began in September last year when a ministerial regulation set the lowest coal price reference.

Before the regulation, Indian companies always bought the coal below the reference price. The price of 4,200 calorie coal, which they bought for US$30 per ton, has increased to US$53 per ton with the new reference price.

As for Indonesian coal businessmen, the policy is advantageous. They are not concerned they will lose business as most coal exported to India is low-calorie.

In terms of volume, coal exports to India are relatively high, reaching 35-36 million tons per year. Japan is also a valuable export market for 6,500-calorie coal from Indonesia.
Source:
Tempo Interactive (By Gustidha Budiartie)



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Thursday, 15 September 11
INDIAN GOVT PLANS TO DEVELOP 9 NEW MAJOR PORTS BY 2016 - INVEST MONEY / HELLENIC SHIPPING
The government has announced to make a investment of more than Rs 22,000 crore (approximately US$ 4,623,791,331) to develop nine new major ...


Thursday, 15 September 11
BOTSWANA COAL AND ENERGY CONFERENCE 2011
Press Release - Botswana Coal and Energy Conference 2011 | 29-30 November 2011 | Gaborone. Botswana represents Africa’s exciting new coal and ...


Thursday, 15 September 11
DRY BULK MARKET EDGING FURTHER UP THE SCALE, CLOSING IN ON 2,000 POINTS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market was up once again yesterday, reaching 1,927 points, or 1.375 higher on the day. Thus, it has kept its rising trend established d ...


Wednesday, 14 September 11
INDO STRAITS BAGS 2.4 MILLION TON COAL TRANSPORTATION CONTRACT FROM ARUTMIN
COALspot.com - PT Indo Straits Tbk (PTIS) bagged a contract to tranship  about 2.40 million tons of coal over an initial period of 6 months fro ...


Wednesday, 14 September 11
DUTA PERTIWI DISCOVERS COAL RESERVE - INSIDER STORIES
  Insider Stories reported that, PT Duta Pertiwi Nusantara Tbk (DPNS) yesterday steeply jumped 24.56% to Rp710 a share after the company discove ...


   1015 1016 1017 1018 1019   
Showing 5081 to 5085 news of total 6871
News by Category
Popular News
 
Total Members : 28,627
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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