We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Sunday, 01 January 12
IS INDIA FOLLOWING INDONESIA TO STANDARDIZE COAL PRICES TO GET MAXIMUM BENEFITS?
 COALspot.com - Coal India limited, an Indian state owned and world largest coal producer has introduced gross calorific value (GCV) based pricing mechanism by January 1, 2012.
The BoD of Coal India Ltd on Friday approved a proposal to adopt the internationally accepted, gross calorific value (GCV) based pricing mechanism beginning 2012. The GCV based pricing mechanism will replace existing useful heat value (UHV) pricing mechanism.
According to media reports, new coal prices, dearer by 12-15 percent, is expected to push up power generation cost by at least US$ 0.00753 per unit. Indian UMPP’s, already affected due to Indonesian regulation that requires all the coal suppliers to follow government bench-mark pricing mechanism for coal transaction. UMMP’s have appealed to the government for a power tariff rise. If Coal India’s new coal-price structure pushes the prices of indigenous coal upward, then power producers may push the government for a tariff increase to secure bottom-line of company to keep the industry alive.
Times of India reported that, January 1, coal will be sold in 17 price brands starting from the variety that produces 2,200 kcal/kg to one that produces 7,000 kcal/kg. In between, there are 15 price bands, each at an incremental rise of 300 kcal/kg. Times of India has not reported anything about price adjustment for ash content.
Imported coal
As Coal India moving from UHV pricing mechanism to GCV based mechanism, Indian utilities in the opinion that, the imported coal prices may be competitive in the future for utilities who are currently using only indigenous coal due to price as well as the quality. Indian coal used to be higher ash content compared to imported coal.
"Even if we want to use more coal of higher calorific value, CIL cannot supply it. So we will be using the same coal but paying more," said a utility official, as quoted by times of India. If Coal India fails to fulfill customers' requirements for higher GCV coal when they willing to pay high, then there is possibility utilities looking for imported coal.
However, it is not clear that, whether Coal India will also introduce a coal price index, or it will go with a fixed pricing mechanism for a specific period. Incase coal India follows Indonesian coal pricing structure and tries to introduce index based pricing mechanism for its coal, then indigenous coal prices will also vary based on monthly international indices.
According to media reports, coal India has released price structure to its customers, which has not published for public.
Media reports further said, while those using coal of B, G and F grades will not be affected as new prices will be either same or lower, but those using other coal grades will be extremely affected.
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Tuesday, 16 February 10
KPMG PENS 6-POINT STRATEGY FOR COAL INDIA RESTRUCTURING
Coal India Ltd (CIL) has appointed KPMG Advisory Services Pvt Ltd to advise on consolidating its position as the country’s prime energy provid ...
Monday, 15 February 10
MINING LAW TO BE REVISED
Law No. 4 of 2009 on mineral and coal mining will be revised after a working visit of the Bangka Belitung (Babel) Provincial legislative assembly (D ...
Monday, 15 February 10
EURO COAL PRICES SOFTEN AS CHINESE LUNAR NEW YEAR HOLIDAYS START
Prices of prompt cargoes of coal for delivery into Europe weakened last week on a lack of European demand and market nerves over the possible impact ...
Monday, 15 February 10
INDONESIAN COAL SUFFERS SETBACK AS SUMATRA RAIL LINE HELD UP AGAIN
State-owned coal miner PT Tambang Batubara Bukit Asam’s $1.06 billion rail project in Sumatra faces more delays, and the cost of the project i ...
Monday, 15 February 10
MEC INFRA TO COMMISSION INDONESIA RAIL PROJECT
A joint venture between Ras Al Khaimah Investment Authority (Rakia) RAK Investment Authority and Minerals Energy and Commodities Holdings, a f ...
|
|
|
Showing 5991 to 5995 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- TNB Fuel Sdn Bhd - Malaysia
- Anglo American - United Kingdom
- Port Waratah Coal Services - Australia
- Kobexindo Tractors - Indoneisa
- Australian Commodity Traders Exchange
- Commonwealth Bank - Australia
- Madhucon Powers Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Parliament of New Zealand
- The State Trading Corporation of India Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Sarangani Energy Corporation, Philippines
- McConnell Dowell - Australia
- Savvy Resources Ltd - HongKong
- Krishnapatnam Port Company Ltd. - India
- ICICI Bank Limited - India
- CNBM International Corporation - China
- Simpson Spence & Young - Indonesia
- Orica Australia Pty. Ltd.
- Ministry of Mines - Canada
- Manunggal Multi Energi - Indonesia
- Malabar Cements Ltd - India
- Tata Chemicals Ltd - India
- Price Waterhouse Coopers - Russia
- Singapore Mercantile Exchange
- Indian Energy Exchange, India
- Medco Energi Mining Internasional
- Dalmia Cement Bharat India
- Energy Link Ltd, New Zealand
- Central Java Power - Indonesia
- Ministry of Finance - Indonesia
- Bhushan Steel Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- The Treasury - Australian Government
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Oldendorff Carriers - Singapore
- Eastern Coal Council - USA
- Parry Sugars Refinery, India
- Kalimantan Lumbung Energi - Indonesia
- Grasim Industreis Ltd - India
- Intertek Mineral Services - Indonesia
- Kaltim Prima Coal - Indonesia
- Eastern Energy - Thailand
- Karbindo Abesyapradhi - Indoneisa
- Toyota Tsusho Corporation, Japan
- Thiess Contractors Indonesia
- The University of Queensland
- Coalindo Energy - Indonesia
- Indonesian Coal Mining Association
- SN Aboitiz Power Inc, Philippines
- Wood Mackenzie - Singapore
- Georgia Ports Authority, United States
- Billiton Holdings Pty Ltd - Australia
- Attock Cement Pakistan Limited
- Directorate General of MIneral and Coal - Indonesia
- IHS Mccloskey Coal Group - USA
- Formosa Plastics Group - Taiwan
- New Zealand Coal & Carbon
- Sindya Power Generating Company Private Ltd
- Sojitz Corporation - Japan
- Rashtriya Ispat Nigam Limited - India
- London Commodity Brokers - England
- LBH Netherlands Bv - Netherlands
- AsiaOL BioFuels Corp., Philippines
- White Energy Company Limited
- SMG Consultants - Indonesia
- Borneo Indobara - Indonesia
- Australian Coal Association
- Electricity Authority, New Zealand
- Samtan Co., Ltd - South Korea
- Vizag Seaport Private Limited - India
- Indika Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Standard Chartered Bank - UAE
- Meralco Power Generation, Philippines
- Lanco Infratech Ltd - India
- Thai Mozambique Logistica
- Petrochimia International Co. Ltd.- Taiwan
- Coastal Gujarat Power Limited - India
- Jaiprakash Power Ventures ltd
- CIMB Investment Bank - Malaysia
- GVK Power & Infra Limited - India
- Kumho Petrochemical, South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Interocean Group of Companies - India
- Ambuja Cements Ltd - India
- VISA Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Riau Bara Harum - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Bukit Baiduri Energy - Indonesia
- Global Business Power Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Alfred C Toepfer International GmbH - Germany
- Tamil Nadu electricity Board
- Edison Trading Spa - Italy
- Deloitte Consulting - India
- PowerSource Philippines DevCo
- MS Steel International - UAE
- Indo Tambangraya Megah - Indonesia
- Merrill Lynch Commodities Europe
- Electricity Generating Authority of Thailand
- Marubeni Corporation - India
- Aditya Birla Group - India
- Karaikal Port Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Energy Development Corp, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Bharathi Cement Corporation - India
- Siam City Cement - Thailand
- Indian Oil Corporation Limited
- Cement Manufacturers Association - India
- GMR Energy Limited - India
- Kartika Selabumi Mining - Indonesia
- Sree Jayajothi Cements Limited - India
- Orica Mining Services - Indonesia
- Coal and Oil Company - UAE
- Vijayanagar Sugar Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Sinarmas Energy and Mining - Indonesia
- Videocon Industries ltd - India
- Bayan Resources Tbk. - Indonesia
- Global Green Power PLC Corporation, Philippines
- Bangladesh Power Developement Board
- Makarim & Taira - Indonesia
- Xindia Steels Limited - India
- Antam Resourcindo - Indonesia
- Kepco SPC Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- PTC India Limited - India
- Gujarat Electricity Regulatory Commission - India
- Kideco Jaya Agung - Indonesia
- Therma Luzon, Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bhoruka Overseas - Indonesia
- Iligan Light & Power Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Bulk Trading Sa - Switzerland
- Minerals Council of Australia
- Latin American Coal - Colombia
- Bhatia International Limited - India
- Africa Commodities Group - South Africa
- Pipit Mutiara Jaya. PT, Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Salva Resources Pvt Ltd - India
- Agrawal Coal Company - India
- Mercator Lines Limited - India
- Ministry of Transport, Egypt
- Baramulti Group, Indonesia
- Miang Besar Coal Terminal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Barasentosa Lestari - Indonesia
- Rio Tinto Coal - Australia
- Meenaskhi Energy Private Limited - India
- Petron Corporation, Philippines
- Independent Power Producers Association of India
- SMC Global Power, Philippines
- Aboitiz Power Corporation - Philippines
- Sical Logistics Limited - India
- Mintek Dendrill Indonesia
- GAC Shipping (India) Pvt Ltd
- Essar Steel Hazira Ltd - India
- Planning Commission, India
- Goldman Sachs - Singapore
- Heidelberg Cement - Germany
- Vedanta Resources Plc - India
- Renaissance Capital - South Africa
- Uttam Galva Steels Limited - India
- Carbofer General Trading SA - India
- Chamber of Mines of South Africa
- Economic Council, Georgia
- Bukit Makmur.PT - Indonesia
- Indogreen Group - Indonesia
- South Luzon Thermal Energy Corporation
- Leighton Contractors Pty Ltd - Australia
- Gujarat Sidhee Cement - India
- PetroVietnam Power Coal Import and Supply Company
- International Coal Ventures Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- ASAPP Information Group - India
- Larsen & Toubro Limited - India
- Trasteel International SA, Italy
- Maheswari Brothers Coal Limited - India
- European Bulk Services B.V. - Netherlands
- Mercuria Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Jindal Steel & Power Ltd - India
- Timah Investasi Mineral - Indoneisa
- Metalloyd Limited - United Kingdom
- OPG Power Generation Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Binh Thuan Hamico - Vietnam
- Semirara Mining Corp, Philippines
- Pendopo Energi Batubara - Indonesia
- Posco Energy - South Korea
- Ind-Barath Power Infra Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Romanian Commodities Exchange
- Semirara Mining and Power Corporation, Philippines
- Central Electricity Authority - India
- Maharashtra Electricity Regulatory Commission - India
- Wilmar Investment Holdings
- PNOC Exploration Corporation - Philippines
- Altura Mining Limited, Indonesia
- San Jose City I Power Corp, Philippines
- Siam City Cement PLC, Thailand
- India Bulls Power Limited - India
- IEA Clean Coal Centre - UK
- Banpu Public Company Limited - Thailand
- Sakthi Sugars Limited - India
- Mjunction Services Limited - India
- TeaM Sual Corporation - Philippines
- Star Paper Mills Limited - India
|
| |
| |
|
