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, 27 December 11
MINERS MAKE CASE FOR RESUMING CONTRACT NEGOTIATIONS - THE JAKARTA POST
The Jakarta Post reported that, problems with the renegotiation of mining contracts in the country are far from over, as agreements on several cruci ...
Tuesday, 27 December 11
COAL SHIPMENT OF TIANJIN PORT REACHED 6.72 MLN TONNES IN NOVEMBER - STEEL HOME / HELLENIC SHIPPING
Tianjin port shipped 6.72 million tonnes of coal in November, decreasing 600,000 tonnes versus 7.32 million tonnes in October, while up 21.09% or 1. ...
Tuesday, 27 December 11
NEW CLAUSE PUBLISHED FOR SLOW STEAMING - BIMCO
Many owners and operators faced with high bunker prices are considering implementing slow steaming regimes to save fuel and to assist with capacity ...
Monday, 26 December 11
NEW EXPORT TAX PLAN GREETED WITH PRAISE AND CRITICISM - THE JAKARTA POST
The Jakarta Post, one of the Indonesia's leading english news paper reported that, both praise and criticism showered the government’s plan t ...
Sunday, 25 December 11
THERMAL COAL PRICES GAINED UP TO 4.32 PERCENT
COALspot.com - globalCOAL index gained 4.32 percent to US$106.36 per ton in RBCT, benchmark for South Asia and West Europe markets, for the week end ...
|
|
|
Showing 4911 to 4915 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Australian Coal Association
- European Bulk Services B.V. - Netherlands
- Meenaskhi Energy Private Limited - India
- Kartika Selabumi Mining - Indonesia
- Trasteel International SA, Italy
- Mintek Dendrill Indonesia
- SN Aboitiz Power Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- London Commodity Brokers - England
- Rio Tinto Coal - Australia
- Holcim Trading Pte Ltd - Singapore
- Planning Commission, India
- Tamil Nadu electricity Board
- PNOC Exploration Corporation - Philippines
- OPG Power Generation Pvt Ltd - India
- SMG Consultants - Indonesia
- South Luzon Thermal Energy Corporation
- The State Trading Corporation of India Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Bukit Baiduri Energy - Indonesia
- Orica Australia Pty. Ltd.
- Ministry of Mines - Canada
- Lanco Infratech Ltd - India
- Baramulti Group, Indonesia
- Iligan Light & Power Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- San Jose City I Power Corp, Philippines
- Singapore Mercantile Exchange
- Timah Investasi Mineral - Indoneisa
- Commonwealth Bank - Australia
- Chettinad Cement Corporation Ltd - India
- Globalindo Alam Lestari - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Anglo American - United Kingdom
- Wilmar Investment Holdings
- VISA Power Limited - India
- Global Coal Blending Company Limited - Australia
- Central Java Power - Indonesia
- Coalindo Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Gujarat Sidhee Cement - India
- Coal and Oil Company - UAE
- Vedanta Resources Plc - India
- Australian Commodity Traders Exchange
- Edison Trading Spa - Italy
- Heidelberg Cement - Germany
- International Coal Ventures Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Chamber of Mines of South Africa
- Neyveli Lignite Corporation Ltd, - India
- Sindya Power Generating Company Private Ltd
- IEA Clean Coal Centre - UK
- Kobexindo Tractors - Indoneisa
- The Treasury - Australian Government
- Eastern Coal Council - USA
- Bhushan Steel Limited - India
- MS Steel International - UAE
- Aboitiz Power Corporation - Philippines
- Dalmia Cement Bharat India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indika Energy - Indonesia
- Energy Link Ltd, New Zealand
- Georgia Ports Authority, United States
- Sree Jayajothi Cements Limited - India
- Essar Steel Hazira Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Wood Mackenzie - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Pendopo Energi Batubara - Indonesia
- LBH Netherlands Bv - Netherlands
- McConnell Dowell - Australia
- Madhucon Powers Ltd - India
- Energy Development Corp, Philippines
- Larsen & Toubro Limited - India
- Sojitz Corporation - Japan
- Ind-Barath Power Infra Limited - India
- Economic Council, Georgia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Formosa Plastics Group - Taiwan
- Medco Energi Mining Internasional
- Indonesian Coal Mining Association
- Antam Resourcindo - Indonesia
- Independent Power Producers Association of India
- Eastern Energy - Thailand
- IHS Mccloskey Coal Group - USA
- White Energy Company Limited
- Port Waratah Coal Services - Australia
- Central Electricity Authority - India
- Petron Corporation, Philippines
- Standard Chartered Bank - UAE
- Samtan Co., Ltd - South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- Africa Commodities Group - South Africa
- Posco Energy - South Korea
- Petrochimia International Co. Ltd.- Taiwan
- GAC Shipping (India) Pvt Ltd
- CNBM International Corporation - China
- Bharathi Cement Corporation - India
- India Bulls Power Limited - India
- Riau Bara Harum - Indonesia
- GMR Energy Limited - India
- ASAPP Information Group - India
- Thai Mozambique Logistica
- Deloitte Consulting - India
- Indian Oil Corporation Limited
- Binh Thuan Hamico - Vietnam
- Toyota Tsusho Corporation, Japan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Krishnapatnam Port Company Ltd. - India
- Thiess Contractors Indonesia
- Interocean Group of Companies - India
- Maharashtra Electricity Regulatory Commission - India
- Kepco SPC Power Corporation, Philippines
- Aditya Birla Group - India
- Mjunction Services Limited - India
- Orica Mining Services - Indonesia
- Bangladesh Power Developement Board
- Manunggal Multi Energi - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Semirara Mining Corp, Philippines
- ICICI Bank Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Marubeni Corporation - India
- Alfred C Toepfer International GmbH - Germany
- Bulk Trading Sa - Switzerland
- Directorate Of Revenue Intelligence - India
- Jorong Barutama Greston.PT - Indonesia
- PTC India Limited - India
- Xindia Steels Limited - India
- Leighton Contractors Pty Ltd - Australia
- Cement Manufacturers Association - India
- Global Business Power Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Latin American Coal - Colombia
- Carbofer General Trading SA - India
- Jindal Steel & Power Ltd - India
- Agrawal Coal Company - India
- Simpson Spence & Young - Indonesia
- Siam City Cement - Thailand
- Therma Luzon, Inc, Philippines
- Savvy Resources Ltd - HongKong
- Miang Besar Coal Terminal - Indonesia
- Altura Mining Limited, Indonesia
- The University of Queensland
- Indo Tambangraya Megah - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- New Zealand Coal & Carbon
- GN Power Mariveles Coal Plant, Philippines
- Attock Cement Pakistan Limited
- Electricity Authority, New Zealand
- Renaissance Capital - South Africa
- Global Green Power PLC Corporation, Philippines
- Ministry of Transport, Egypt
- Indian Energy Exchange, India
- Oldendorff Carriers - Singapore
- Sical Logistics Limited - India
- Bhoruka Overseas - Indonesia
- Parry Sugars Refinery, India
- Sakthi Sugars Limited - India
- Barasentosa Lestari - Indonesia
- Price Waterhouse Coopers - Russia
- Bukit Makmur.PT - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- SMC Global Power, Philippines
- Mercator Lines Limited - India
- Metalloyd Limited - United Kingdom
- Bayan Resources Tbk. - Indonesia
- Bhatia International Limited - India
- Kideco Jaya Agung - Indonesia
- Tata Chemicals Ltd - India
- Maheswari Brothers Coal Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Romanian Commodities Exchange
- CIMB Investment Bank - Malaysia
- Semirara Mining and Power Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Billiton Holdings Pty Ltd - Australia
- Merrill Lynch Commodities Europe
- Mercuria Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- PowerSource Philippines DevCo
- Indogreen Group - Indonesia
- Makarim & Taira - Indonesia
- Salva Resources Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Vizag Seaport Private Limited - India
- Kumho Petrochemical, South Korea
- Goldman Sachs - Singapore
- Malabar Cements Ltd - India
- Grasim Industreis Ltd - India
- Power Finance Corporation Ltd., India
- GVK Power & Infra Limited - India
- Electricity Generating Authority of Thailand
- Ambuja Cements Ltd - India
- Ministry of Finance - Indonesia
- Videocon Industries ltd - India
- Sinarmas Energy and Mining - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Meralco Power Generation, Philippines
- Uttam Galva Steels Limited - India
- Sarangani Energy Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Banpu Public Company Limited - Thailand
- Kohat Cement Company Ltd. - Pakistan
- Parliament of New Zealand
- Minerals Council of Australia
- Siam City Cement PLC, Thailand
- Star Paper Mills Limited - India
- Borneo Indobara - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Jaiprakash Power Ventures ltd
- Ceylon Electricity Board - Sri Lanka
|
| |
| |
|
