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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.
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Sunday, 17 January 10
THE FUTURES FOR THREE YEARS (2010 - 2012) FIRMED UP - VISTAAR SINGAPORE
COALspot.com (Singapore): The freight market was a bit mixed with BDI up by about 159 points and closed at 3,299 points.
BDI
The cape index cont ...
Sunday, 17 January 10
NTPC TO DOUBLE CAPACITY BY 2017
NTPC, which will launch its follow-on public offer on February 3, plans to more than double its generating capacity to over 70,000 mega watts by 201 ...
Saturday, 16 January 10
HANDY CONTINUED FIRM CONDITIONS FOR MARKET IN THE ATLANTIC
HANDY
Continued firm conditions for the Handymax / Smax market in the Atlantic with the BSI having a continued upwards momentum. US$ 45,000 ac ...
Friday, 15 January 10
INDONESIA COAL - HEAVY RAINS HAVE LITTLE IMPACT ON COAL OUTPUT
Coal shipments from Indonesia's main coal-producing area are unlikely to be hit by heavy rains during January-February as many miners are prepared ...
Friday, 15 January 10
GOVT BRINGS IN DOMESTIC COAL MARKET OBLIGATION
The Energy and Mineral Resources Ministry has issued a ministerial decree requiring producers of coal and other minerals to allocate a proportion ...
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Showing 6081 to 6085 news of total 6871 |
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- ICICI Bank Limited - India
- Toyota Tsusho Corporation, Japan
- Siam City Cement PLC, Thailand
- Tata Chemicals Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Eastern Coal Council - USA
- Alfred C Toepfer International GmbH - Germany
- Independent Power Producers Association of India
- Ambuja Cements Ltd - India
- Simpson Spence & Young - Indonesia
- Central Electricity Authority - India
- Coalindo Energy - Indonesia
- Indonesian Coal Mining Association
- GN Power Mariveles Coal Plant, Philippines
- Orica Australia Pty. Ltd.
- Directorate General of MIneral and Coal - Indonesia
- Larsen & Toubro Limited - India
- Heidelberg Cement - Germany
- Oldendorff Carriers - Singapore
- Antam Resourcindo - Indonesia
- International Coal Ventures Pvt Ltd - India
- Parry Sugars Refinery, India
- Gujarat Sidhee Cement - India
- Mercuria Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- Samtan Co., Ltd - South Korea
- Thiess Contractors Indonesia
- IHS Mccloskey Coal Group - USA
- White Energy Company Limited
- Global Coal Blending Company Limited - Australia
- Interocean Group of Companies - India
- Australian Coal Association
- Offshore Bulk Terminal Pte Ltd, Singapore
- GVK Power & Infra Limited - India
- CIMB Investment Bank - Malaysia
- SMC Global Power, Philippines
- Kobexindo Tractors - Indoneisa
- Singapore Mercantile Exchange
- GMR Energy Limited - India
- Intertek Mineral Services - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- SMG Consultants - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Coal and Oil Company - UAE
- LBH Netherlands Bv - Netherlands
- Kepco SPC Power Corporation, Philippines
- Rio Tinto Coal - Australia
- Uttam Galva Steels Limited - India
- Bangladesh Power Developement Board
- Indika Energy - Indonesia
- Commonwealth Bank - Australia
- Port Waratah Coal Services - Australia
- Meenaskhi Energy Private Limited - India
- TeaM Sual Corporation - Philippines
- Wilmar Investment Holdings
- Global Business Power Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Parliament of New Zealand
- VISA Power Limited - India
- New Zealand Coal & Carbon
- Global Green Power PLC Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Ministry of Finance - Indonesia
- Africa Commodities Group - South Africa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ministry of Mines - Canada
- Bhatia International Limited - India
- Kumho Petrochemical, South Korea
- Miang Besar Coal Terminal - Indonesia
- Siam City Cement - Thailand
- Aboitiz Power Corporation - Philippines
- Pendopo Energi Batubara - Indonesia
- Globalindo Alam Lestari - Indonesia
- Altura Mining Limited, Indonesia
- Chettinad Cement Corporation Ltd - India
- The Treasury - Australian Government
- Kideco Jaya Agung - Indonesia
- Marubeni Corporation - India
- SN Aboitiz Power Inc, Philippines
- Romanian Commodities Exchange
- Petron Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Posco Energy - South Korea
- Bukit Asam (Persero) Tbk - Indonesia
- Carbofer General Trading SA - India
- Standard Chartered Bank - UAE
- London Commodity Brokers - England
- Bukit Makmur.PT - Indonesia
- Sree Jayajothi Cements Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Electricity Generating Authority of Thailand
- Indian Energy Exchange, India
- Star Paper Mills Limited - India
- Gujarat Electricity Regulatory Commission - India
- Australian Commodity Traders Exchange
- Vijayanagar Sugar Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Ind-Barath Power Infra Limited - India
- Madhucon Powers Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- OPG Power Generation Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Riau Bara Harum - Indonesia
- Sarangani Energy Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Energy Development Corp, Philippines
- Jindal Steel & Power Ltd - India
- Bharathi Cement Corporation - India
- Price Waterhouse Coopers - Russia
- Minerals Council of Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- IEA Clean Coal Centre - UK
- Ministry of Transport, Egypt
- Thai Mozambique Logistica
- TNB Fuel Sdn Bhd - Malaysia
- Xindia Steels Limited - India
- Videocon Industries ltd - India
- South Luzon Thermal Energy Corporation
- Makarim & Taira - Indonesia
- Agrawal Coal Company - India
- Semirara Mining Corp, Philippines
- Georgia Ports Authority, United States
- Sakthi Sugars Limited - India
- Directorate Of Revenue Intelligence - India
- McConnell Dowell - Australia
- Bhushan Steel Limited - India
- Vizag Seaport Private Limited - India
- CNBM International Corporation - China
- Grasim Industreis Ltd - India
- Edison Trading Spa - Italy
- Goldman Sachs - Singapore
- Aditya Birla Group - India
- Meralco Power Generation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Borneo Indobara - Indonesia
- Latin American Coal - Colombia
- Formosa Plastics Group - Taiwan
- Tamil Nadu electricity Board
- Kalimantan Lumbung Energi - Indonesia
- Electricity Authority, New Zealand
- Planning Commission, India
- Krishnapatnam Port Company Ltd. - India
- Banpu Public Company Limited - Thailand
- The University of Queensland
- Renaissance Capital - South Africa
- Dalmia Cement Bharat India
- Lanco Infratech Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Merrill Lynch Commodities Europe
- Kaltim Prima Coal - Indonesia
- European Bulk Services B.V. - Netherlands
- Savvy Resources Ltd - HongKong
- Indogreen Group - Indonesia
- Iligan Light & Power Inc, Philippines
- Orica Mining Services - Indonesia
- Salva Resources Pvt Ltd - India
- Deloitte Consulting - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Attock Cement Pakistan Limited
- Sindya Power Generating Company Private Ltd
- Mintek Dendrill Indonesia
- MS Steel International - UAE
- The State Trading Corporation of India Ltd
- Sojitz Corporation - Japan
- Karbindo Abesyapradhi - Indoneisa
- Rashtriya Ispat Nigam Limited - India
- AsiaOL BioFuels Corp., Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Leighton Contractors Pty Ltd - Australia
- San Jose City I Power Corp, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Anglo American - United Kingdom
- Medco Energi Mining Internasional
- India Bulls Power Limited - India
- PTC India Limited - India
- Sinarmas Energy and Mining - Indonesia
- Chamber of Mines of South Africa
- ASAPP Information Group - India
- Binh Thuan Hamico - Vietnam
- Economic Council, Georgia
- Mjunction Services Limited - India
- Vedanta Resources Plc - India
- Bulk Trading Sa - Switzerland
- Bayan Resources Tbk. - Indonesia
- Coastal Gujarat Power Limited - India
- Indo Tambangraya Megah - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Indian Oil Corporation Limited
- Bhoruka Overseas - Indonesia
- PNOC Exploration Corporation - Philippines
- Mercator Lines Limited - India
- Cement Manufacturers Association - India
- Energy Link Ltd, New Zealand
- Jaiprakash Power Ventures ltd
- Manunggal Multi Energi - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Therma Luzon, Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Eastern Energy - Thailand
- Wood Mackenzie - Singapore
- Maheswari Brothers Coal Limited - India
- Baramulti Group, Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Barasentosa Lestari - Indonesia
- Bukit Baiduri Energy - Indonesia
- Malabar Cements Ltd - India
- Central Java Power - Indonesia
- Sical Logistics Limited - India
- Trasteel International SA, Italy
- Power Finance Corporation Ltd., India
- PetroVietnam Power Coal Import and Supply Company
- PowerSource Philippines DevCo
- Holcim Trading Pte Ltd - Singapore
- Straits Asia Resources Limited - Singapore
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