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.
|
|
Friday, 15 January 10
ADARO INDONESIA STILL TOPS IN INDONESIAN COAL EXPORT RANKING
COALspot.com (Indonesia): PT. Adaro Indonesia, the world first Envirocoal producer and Indonesia's second largest thermal coal producer is top coal ...
Friday, 15 January 10
NTPC TO ADD 6,000 MW EACH YEAR IN 12TH PLAN
Will raise total generation capacity to 75,000 Mw by 2017, up from 30,644 Mw at present.
India's largest power generator NTPC, which will launch ...
Friday, 15 January 10
POSCO SAYS 2010 COKING COAL AGREEMENT MAY BE DELAYED - BLOOMBERG
Posco, South Korea’s biggest steelmaker, said an agreement on coking coal prices for this year may be delayed because major suppliers of the s ...
Friday, 15 January 10
CHINA POWER FIRMS SEEK COAL IMPORTS, SUPPLY SCARCE
China's coal-hungry power plants have turned to imported coal to cope with widespread shortages, but spot supply is scarce, traders said on Thursda ...
Thursday, 14 January 10
INDONESIA POWER REDUCES COAL SUPPLY
PT Indonesia Power will reduce coal supplies from PT Tambang Batu Bara Bukit Asam to its Suralaya Power Plant. "The coal supply for the plant s ...
|
|
|
Showing 6086 to 6090 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Marubeni Corporation - India
- International Coal Ventures Pvt Ltd - India
- Grasim Industreis Ltd - India
- Essar Steel Hazira Ltd - India
- CIMB Investment Bank - Malaysia
- GMR Energy Limited - India
- Iligan Light & Power Inc, Philippines
- Salva Resources Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Kideco Jaya Agung - Indonesia
- Anglo American - United Kingdom
- MS Steel International - UAE
- SMG Consultants - Indonesia
- Ambuja Cements Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Asmin Koalindo Tuhup - Indonesia
- Sojitz Corporation - Japan
- Edison Trading Spa - Italy
- Simpson Spence & Young - Indonesia
- Samtan Co., Ltd - South Korea
- The State Trading Corporation of India Ltd
- London Commodity Brokers - England
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Mineral Development Corp Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- SMC Global Power, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Rashtriya Ispat Nigam Limited - India
- Sical Logistics Limited - India
- SN Aboitiz Power Inc, Philippines
- Bharathi Cement Corporation - India
- Indonesian Coal Mining Association
- ICICI Bank Limited - India
- Bhushan Steel Limited - India
- Orica Mining Services - Indonesia
- Metalloyd Limited - United Kingdom
- Standard Chartered Bank - UAE
- Siam City Cement - Thailand
- Ministry of Transport, Egypt
- Aditya Birla Group - India
- Interocean Group of Companies - India
- Malabar Cements Ltd - India
- Sindya Power Generating Company Private Ltd
- Australian Commodity Traders Exchange
- Parry Sugars Refinery, India
- McConnell Dowell - Australia
- Manunggal Multi Energi - Indonesia
- Vedanta Resources Plc - India
- South Luzon Thermal Energy Corporation
- Straits Asia Resources Limited - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Bhoruka Overseas - Indonesia
- Coalindo Energy - Indonesia
- Riau Bara Harum - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Kobexindo Tractors - Indoneisa
- TNB Fuel Sdn Bhd - Malaysia
- Antam Resourcindo - Indonesia
- Thai Mozambique Logistica
- Mintek Dendrill Indonesia
- Chamber of Mines of South Africa
- Ceylon Electricity Board - Sri Lanka
- Bukit Baiduri Energy - Indonesia
- Xindia Steels Limited - India
- Alfred C Toepfer International GmbH - Germany
- Attock Cement Pakistan Limited
- Barasentosa Lestari - Indonesia
- Formosa Plastics Group - Taiwan
- Carbofer General Trading SA - India
- Toyota Tsusho Corporation, Japan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Dalmia Cement Bharat India
- Sree Jayajothi Cements Limited - India
- Global Green Power PLC Corporation, Philippines
- GVK Power & Infra Limited - India
- Bhatia International Limited - India
- Eastern Energy - Thailand
- Semirara Mining and Power Corporation, Philippines
- The University of Queensland
- IHS Mccloskey Coal Group - USA
- Tata Chemicals Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Minerals Council of Australia
- Bukit Makmur.PT - Indonesia
- Vizag Seaport Private Limited - India
- Kepco SPC Power Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Coal Blending Company Limited - Australia
- Heidelberg Cement - Germany
- Indogreen Group - Indonesia
- Wilmar Investment Holdings
- Ind-Barath Power Infra Limited - India
- Tamil Nadu electricity Board
- Deloitte Consulting - India
- Gujarat Electricity Regulatory Commission - India
- Timah Investasi Mineral - Indoneisa
- Orica Australia Pty. Ltd.
- LBH Netherlands Bv - Netherlands
- Kumho Petrochemical, South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- Oldendorff Carriers - Singapore
- Gujarat Sidhee Cement - India
- Renaissance Capital - South Africa
- Mercator Lines Limited - India
- Energy Link Ltd, New Zealand
- Jindal Steel & Power Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kartika Selabumi Mining - Indonesia
- Baramulti Group, Indonesia
- Uttam Galva Steels Limited - India
- White Energy Company Limited
- Ministry of Finance - Indonesia
- Economic Council, Georgia
- Billiton Holdings Pty Ltd - Australia
- Videocon Industries ltd - India
- Electricity Generating Authority of Thailand
- Star Paper Mills Limited - India
- Planning Commission, India
- Miang Besar Coal Terminal - Indonesia
- ASAPP Information Group - India
- PetroVietnam Power Coal Import and Supply Company
- Borneo Indobara - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Indian Oil Corporation Limited
- Indo Tambangraya Megah - Indonesia
- Merrill Lynch Commodities Europe
- Directorate Of Revenue Intelligence - India
- Meralco Power Generation, Philippines
- Energy Development Corp, Philippines
- Parliament of New Zealand
- Coastal Gujarat Power Limited - India
- Bulk Trading Sa - Switzerland
- CNBM International Corporation - China
- San Jose City I Power Corp, Philippines
- Jaiprakash Power Ventures ltd
- Goldman Sachs - Singapore
- Bayan Resources Tbk. - Indonesia
- Wood Mackenzie - Singapore
- Central Electricity Authority - India
- Global Business Power Corporation, Philippines
- Georgia Ports Authority, United States
- Larsen & Toubro Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Siam City Cement PLC, Thailand
- Commonwealth Bank - Australia
- Power Finance Corporation Ltd., India
- European Bulk Services B.V. - Netherlands
- Ministry of Mines - Canada
- Karaikal Port Pvt Ltd - India
- Semirara Mining Corp, Philippines
- PNOC Exploration Corporation - Philippines
- Kohat Cement Company Ltd. - Pakistan
- Coal and Oil Company - UAE
- Indian Energy Exchange, India
- Karbindo Abesyapradhi - Indoneisa
- Agrawal Coal Company - India
- Sarangani Energy Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Independent Power Producers Association of India
- Pipit Mutiara Jaya. PT, Indonesia
- Holcim Trading Pte Ltd - Singapore
- Price Waterhouse Coopers - Russia
- Neyveli Lignite Corporation Ltd, - India
- Rio Tinto Coal - Australia
- GN Power Mariveles Coal Plant, Philippines
- Makarim & Taira - Indonesia
- Bangladesh Power Developement Board
- Mercuria Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Globalindo Alam Lestari - Indonesia
- Mjunction Services Limited - India
- Intertek Mineral Services - Indonesia
- Posco Energy - South Korea
- Medco Energi Mining Internasional
- Eastern Coal Council - USA
- TeaM Sual Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- Pendopo Energi Batubara - Indonesia
- Africa Commodities Group - South Africa
- Madhucon Powers Ltd - India
- PTC India Limited - India
- Sakthi Sugars Limited - India
- IEA Clean Coal Centre - UK
- Australian Coal Association
- Altura Mining Limited, Indonesia
- New Zealand Coal & Carbon
- Maheswari Brothers Coal Limited - India
- Indika Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Trasteel International SA, Italy
- The Treasury - Australian Government
- Thiess Contractors Indonesia
- Electricity Authority, New Zealand
- Kapuas Tunggal Persada - Indonesia
- PowerSource Philippines DevCo
- Central Java Power - Indonesia
- GAC Shipping (India) Pvt Ltd
- Cement Manufacturers Association - India
- Lanco Infratech Ltd - India
- India Bulls Power Limited - India
- Aboitiz Power Corporation - Philippines
- Port Waratah Coal Services - Australia
- VISA Power Limited - India
- Romanian Commodities Exchange
- Chettinad Cement Corporation Ltd - India
- Latin American Coal - Colombia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kaltim Prima Coal - Indonesia
- Petron Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Singapore Mercantile Exchange
- Savvy Resources Ltd - HongKong
|
| |
| |
|
