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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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Monday, 31 August 09
INDONESIA ADARO'S NET PROFIT SOARS 1,506 PERCENT ON HIGH PRICES
The Jakarta Post reported that, the country's second largest coal producer, PT Adaro Energy said Sunday that its first-half net profit soared 1,506 ...
Sunday, 30 August 09
THE FUTURES FOR THREE YEARS FOR 2010-2012 IS AROUND PANAMAX / US$ 15,500 & SUPRAMAX / US$ 13,500 PER DAY
COALspot.com (Singapore): The dry bulk market continued to be soft this week and the BDI was almost stable and closed at 2,421 points this week.
...
Friday, 28 August 09
INDONESIA SEEKS TO INCREASE COAL PRODUCTION TO BOLSTER REVENUE
The Jakarta Post, the leading english news paper in Indonesia reported that, Indonesia expects to increase coal production by up to 20 million tons ...
Friday, 28 August 09
MERCURIA ENERGY OPENS INDONESIA TRADING OFFICE
COALspot.com ( Indonesia): Mercuria Energy Group has opened a new office in Jakarta, Indonesia, focussed on trading coal.
Jakarta-based Emanuele ...
Friday, 28 August 09
COAL MINE BUYERS DUST OFF THEIR CASH ( ANALYZED BY REUTERS)
* Coal asset buyers give up waiting for bargains
* Mining majors expected to buy not sell
* South Africa a target, Indonesia less so
By Jackie ...
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Showing 6461 to 6465 news of total 6871 |
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- Vijayanagar Sugar Pvt Ltd - India
- Rio Tinto Coal - Australia
- Pendopo Energi Batubara - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Wilmar Investment Holdings
- Singapore Mercantile Exchange
- Kohat Cement Company Ltd. - Pakistan
- Alfred C Toepfer International GmbH - Germany
- PNOC Exploration Corporation - Philippines
- Petron Corporation, Philippines
- Parry Sugars Refinery, India
- Kumho Petrochemical, South Korea
- Kideco Jaya Agung - Indonesia
- CIMB Investment Bank - Malaysia
- Kobexindo Tractors - Indoneisa
- Mintek Dendrill Indonesia
- Toyota Tsusho Corporation, Japan
- AsiaOL BioFuels Corp., Philippines
- Altura Mining Limited, Indonesia
- Heidelberg Cement - Germany
- The Treasury - Australian Government
- Ambuja Cements Ltd - India
- Holcim Trading Pte Ltd - Singapore
- SMG Consultants - Indonesia
- Bayan Resources Tbk. - Indonesia
- Edison Trading Spa - Italy
- Eastern Energy - Thailand
- GN Power Mariveles Coal Plant, Philippines
- Coalindo Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Barasentosa Lestari - Indonesia
- International Coal Ventures Pvt Ltd - India
- Tata Chemicals Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Semirara Mining Corp, Philippines
- Energy Link Ltd, New Zealand
- Economic Council, Georgia
- Sree Jayajothi Cements Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Eastern Coal Council - USA
- Antam Resourcindo - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Sarangani Energy Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Indian Energy Exchange, India
- Iligan Light & Power Inc, Philippines
- TeaM Sual Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Thai Mozambique Logistica
- Bangladesh Power Developement Board
- ASAPP Information Group - India
- SMC Global Power, Philippines
- Directorate Of Revenue Intelligence - India
- MS Steel International - UAE
- Sakthi Sugars Limited - India
- Planning Commission, India
- Billiton Holdings Pty Ltd - Australia
- Kaltim Prima Coal - Indonesia
- Mjunction Services Limited - India
- South Luzon Thermal Energy Corporation
- GVK Power & Infra Limited - India
- PTC India Limited - India
- Cement Manufacturers Association - India
- Indogreen Group - Indonesia
- Bulk Trading Sa - Switzerland
- Australian Coal Association
- Marubeni Corporation - India
- Thiess Contractors Indonesia
- Binh Thuan Hamico - Vietnam
- Baramulti Group, Indonesia
- Jaiprakash Power Ventures ltd
- Grasim Industreis Ltd - India
- Orica Australia Pty. Ltd.
- Mercuria Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Makarim & Taira - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Metalloyd Limited - United Kingdom
- Tamil Nadu electricity Board
- Lanco Infratech Ltd - India
- Siam City Cement PLC, Thailand
- Bukit Baiduri Energy - Indonesia
- Indonesian Coal Mining Association
- Orica Mining Services - Indonesia
- Siam City Cement - Thailand
- Latin American Coal - Colombia
- Therma Luzon, Inc, Philippines
- Deloitte Consulting - India
- The University of Queensland
- Salva Resources Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Carbofer General Trading SA - India
- Ceylon Electricity Board - Sri Lanka
- Bhushan Steel Limited - India
- Price Waterhouse Coopers - Russia
- Intertek Mineral Services - Indonesia
- Malabar Cements Ltd - India
- Gujarat Electricity Regulatory Commission - India
- IEA Clean Coal Centre - UK
- Australian Commodity Traders Exchange
- Global Business Power Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Maheswari Brothers Coal Limited - India
- Global Coal Blending Company Limited - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Renaissance Capital - South Africa
- Ministry of Finance - Indonesia
- New Zealand Coal & Carbon
- Bharathi Cement Corporation - India
- Riau Bara Harum - Indonesia
- San Jose City I Power Corp, Philippines
- White Energy Company Limited
- Goldman Sachs - Singapore
- Ministry of Mines - Canada
- Leighton Contractors Pty Ltd - Australia
- Cigading International Bulk Terminal - Indonesia
- Formosa Plastics Group - Taiwan
- India Bulls Power Limited - India
- Aditya Birla Group - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Wood Mackenzie - Singapore
- Coal and Oil Company - UAE
- Timah Investasi Mineral - Indoneisa
- Attock Cement Pakistan Limited
- Romanian Commodities Exchange
- Georgia Ports Authority, United States
- Mercator Lines Limited - India
- Dalmia Cement Bharat India
- Meenaskhi Energy Private Limited - India
- Videocon Industries ltd - India
- Uttam Galva Steels Limited - India
- Meralco Power Generation, Philippines
- McConnell Dowell - Australia
- Commonwealth Bank - Australia
- Larsen & Toubro Limited - India
- Jindal Steel & Power Ltd - India
- Simpson Spence & Young - Indonesia
- Sindya Power Generating Company Private Ltd
- Vizag Seaport Private Limited - India
- Global Green Power PLC Corporation, Philippines
- Central Java Power - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Agrawal Coal Company - India
- Trasteel International SA, Italy
- Savvy Resources Ltd - HongKong
- Parliament of New Zealand
- Energy Development Corp, Philippines
- ICICI Bank Limited - India
- Independent Power Producers Association of India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Africa Commodities Group - South Africa
- Vedanta Resources Plc - India
- Standard Chartered Bank - UAE
- Indian Oil Corporation Limited
- Straits Asia Resources Limited - Singapore
- Anglo American - United Kingdom
- GAC Shipping (India) Pvt Ltd
- SN Aboitiz Power Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- Indika Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Posco Energy - South Korea
- Xindia Steels Limited - India
- Electricity Generating Authority of Thailand
- Karaikal Port Pvt Ltd - India
- Electricity Authority, New Zealand
- Asmin Koalindo Tuhup - Indonesia
- Kartika Selabumi Mining - Indonesia
- Samtan Co., Ltd - South Korea
- Bhoruka Overseas - Indonesia
- CNBM International Corporation - China
- Minerals Council of Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Sojitz Corporation - Japan
- IHS Mccloskey Coal Group - USA
- Chettinad Cement Corporation Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Medco Energi Mining Internasional
- Indo Tambangraya Megah - Indonesia
- Bhatia International Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Bukit Makmur.PT - Indonesia
- LBH Netherlands Bv - Netherlands
- Gujarat Sidhee Cement - India
- Chamber of Mines of South Africa
- Central Electricity Authority - India
- VISA Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- Interocean Group of Companies - India
- Banpu Public Company Limited - Thailand
- European Bulk Services B.V. - Netherlands
- GMR Energy Limited - India
- Miang Besar Coal Terminal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Madhucon Powers Ltd - India
- Port Waratah Coal Services - Australia
- Rashtriya Ispat Nigam Limited - India
- Manunggal Multi Energi - Indonesia
- Star Paper Mills Limited - India
- Essar Steel Hazira Ltd - India
- Sical Logistics Limited - India
- Coastal Gujarat Power Limited - India
- Power Finance Corporation Ltd., India
- London Commodity Brokers - England
- PowerSource Philippines DevCo
- Borneo Indobara - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Directorate General of MIneral and Coal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Merrill Lynch Commodities Europe
- Ministry of Transport, Egypt
- Ind-Barath Power Infra Limited - India
- The State Trading Corporation of India Ltd
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