COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Friday, 06 January 12
COAL INDIA LINKED COAL PRICES WITH INTERNATIONAL COAL PRICES


COALspot.com - Consumers of indigenous coal in India to pay International prices in the future. Coal India has recently moved from UHV pricing mechanism to GCV based mechanism to standardize its coal quality as well as prices. Starting from January 1, 2012, Coal India’s coal being sold based on GCV to its customers and also adjusted its coal prices based on current international coal prices, but extended discounts to its customers.

“Coal India recently linked its prices with international rates, and the company will now fix its prices after adjusting for exchange-rate fluctuations and the discounts it offers to local consumers,” Mr. Jha said, as quoted by WSJ. According to an another media,  Coal India will review the impact of linking its coal prices with international prices on its sales realization in the next three months. 

Reports also say, according to the chairman of coal India,  the new pricing mechanism will not lead to any steep rise in coal prices. 

However, market players in the opinion that, the shift to a pricing structure based on the gross calorific value of coal, from the useful heat value, could mean an increase of around 10% in weighted average prices for Coal India’s customers,  an another media quoted.

If landed price of Indigenous coal and import coal are become a same level in the future, then end-users and buyers will prefer to import coal due to easy availability, flexible supply terms and quality consistence, said an Indian coal importer, requesting anonymity.

The coal India’s move to adjust it coal price and pricing mechanism to international level and standard is a good move on the long run. Nevertheless, it may affect immediately to industry as the industry was not ready to adjust their sourcing plan. 



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Sunday, 08 January 12
THARPAK CONSORTIUM FORMED TO DEVELOP MEGA ENERGY COMPLEX IN SINDH PROVINCE, PAKISTAN
Press Release: On January 5th, TharPak, LLC met with officials of the Embassy of Pakistan in Washington DC to introduce and announce the formation o ...


Saturday, 07 January 12
COAL MARKETS SEE FALLING SPOT PRICES
COALspot.com – World’s thermal coal spot prices have slipped this week.. globalCOAL index in Newcastle Port, benchmark for Asian mark ...


Friday, 06 January 12
CLARIDEN GLOBAL BRINGS YOU INDONESIA MINING 2012
Capitalizing Business & Investment Opportunities in an Uncertain Market.Press Release - Clariden Global brings you Indonesia Mining 2012, the dedi ...


Friday, 06 January 12
THE PANAMAX MARKET EXPERIENCED A SLOW START TO 2012 - FEARNLEYS AS
Handy As usual after a holiday owners and charterers both try to get a feel of the market. An Armada of Supras were talking to ballast towards USG, ...


Thursday, 05 January 12
DRY BULK MARKET TAKES A PLUNGE OF LOW ACTIVITY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
As was widely expected the first days of the new year are characterized by significantly low chartering across the board of the dry bulk market, pus ...


   978 979 980 981 982   
Showing 4896 to 4900 news of total 6871
News by Category
Popular News
 
Total Members : 28,705
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Gujarat Mineral Development Corp Ltd - India
  • Coaltrans Conferences
  • Rio Tinto Coal - Australia
  • J M Baxi & Co - India
  • Energy Link Ltd, New Zealand
  • Credit Suisse - India
  • Thiess Contractors Indonesia
  • Ministry of Mines - Canada
  • Humpuss - Indonesia
  • Energy Development Corp, Philippines
  • Bank of China, Malaysia
  • Global Green Power PLC Corporation, Philippines
  • Ind-Barath Power Infra Limited - India
  • Grasim Industreis Ltd - India
  • Bangkok Bank PCL
  • Indorama - Singapore
  • Siam City Cement - Thailand
  • Mitsubishi Corporation
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • GB Group - China
  • Singapore Mercantile Exchange
  • Aboitiz Power Corporation - Philippines
  • GN Power Mariveles Coal Plant, Philippines
  • Idemitsu - Japan
  • Orica Australia Pty. Ltd.
  • Tata Chemicals Ltd - India
  • Bukit Asam (Persero) Tbk - Indonesia
  • Chettinad Cement Corporation Ltd - India
  • Eastern Coal Council - USA
  • Indika Energy - Indonesia
  • EIA - United States
  • Mintek Dendrill Indonesia
  • Surastha Cement
  • SMG Consultants - Indonesia
  • Cement Manufacturers Association - India
  • Cigading International Bulk Terminal - Indonesia
  • Total Coal South Africa
  • Binh Thuan Hamico - Vietnam
  • UOB Asia (HK) Ltd
  • Bukit Baiduri Energy - Indonesia
  • TNPL - India
  • Cebu Energy, Philippines
  • Bhatia International Limited - India
  • TeaM Sual Corporation - Philippines
  • Dalmia Cement Bharat India
  • Attock Cement Pakistan Limited
  • The Treasury - Australian Government
  • Wood Mackenzie - Singapore
  • Cargill India Pvt Ltd
  • SRK Consulting
  • Central Electricity Authority - India
  • Bahari Cakrawala Sebuku - Indonesia
  • McConnell Dowell - Australia
  • Romanian Commodities Exchange
  • U S Energy Resources
  • Arch Coal - USA
  • TNB Fuel Sdn Bhd - Malaysia
  • Jaiprakash Power Ventures ltd
  • International Coal Ventures Pvt Ltd - India
  • Arutmin Indonesia
  • Star Paper Mills Limited - India
  • AsiaOL BioFuels Corp., Philippines
  • Petron Corporation, Philippines
  • Indonesian Coal Mining Association
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Kartika Selabumi Mining - Indonesia
  • McKinsey & Co - India
  • Chamber of Mines of South Africa
  • Geoservices-GeoAssay Lab
  • Karaikal Port Pvt Ltd - India
  • Directorate Of Revenue Intelligence - India
  • Vizag Seaport Private Limited - India
  • Neyveli Lignite Corporation Ltd, - India
  • Argus Media - Singapore
  • Meralco Power Generation, Philippines
  • IEA Clean Coal Centre - UK
  • Indian School of Mines
  • Kalimantan Lumbung Energi - Indonesia
  • Alfred C Toepfer International GmbH - Germany
  • OPG Power Generation Pvt Ltd - India
  • Timah Investasi Mineral - Indoneisa
  • Shree Cement - India
  • SASOL - South Africa
  • Miang Besar Coal Terminal - Indonesia
  • IOL Indonesia
  • Vitol - Bahrain
  • India Bulls Power Limited - India
  • Thailand Anthracite
  • Commonwealth Bank - Australia
  • Tanito Harum - Indonesia
  • Iligan Light & Power Inc, Philippines
  • PowerSource Philippines DevCo
  • Qatrana Cement - Jordan
  • The State Trading Corporation of India Ltd
  • Deloitte Consulting - India
  • Bayan Resources Tbk. - Indonesia
  • Larsen & Toubro Limited - India
  • Adani Power Ltd - India
  • Makarim & Taira - Indonesia
  • Japan Coal Energy Center
  • Fearnleys - India
  • Asian Development Bank
  • Billiton Holdings Pty Ltd - Australia
  • Simpson Spence & Young - Indonesia
  • Economic Council, Georgia
  • Mitra SK Pvt Ltd - India
  • Kepco SPC Power Corporation, Philippines
  • Bharathi Cement Corporation - India
  • Anglo American - United Kingdom
  • MS Steel International - UAE
  • Asmin Koalindo Tuhup - Indonesia
  • CIMB Investment Bank - Malaysia
  • The India Cements Ltd
  • Central Java Power - Indonesia
  • Maybank - Singapore
  • Indo Tambangraya Megah - Indonesia
  • SMC Global Power, Philippines
  • Glencore India Pvt. Ltd
  • Bank of America
  • Standard Chartered Bank - UAE
  • Panama Canal Authority
  • Clarksons - UK
  • Power Finance Corporation Ltd., India
  • ANZ Bank - Australia
  • Renaissance Capital - South Africa
  • Merrill Lynch Commodities Europe
  • Maharashtra Electricity Regulatory Commission - India
  • Vijayanagar Sugar Pvt Ltd - India
  • Oldendorff Carriers - Singapore
  • PetroVietnam Power Coal Import and Supply Company
  • New Zealand Coal & Carbon
  • GVK Power & Infra Limited - India
  • KOWEPO - South Korea
  • Ministry of Transport, Egypt
  • Goldman Sachs - Singapore
  • SGS (Thailand) Limited
  • Pipit Mutiara Jaya. PT, Indonesia
  • Parry Sugars Refinery, India
  • Gupta Coal India Ltd
  • Baramulti Group, Indonesia
  • Bulk Trading Sa - Switzerland
  • Marubeni Corporation - India
  • Merrill Lynch Bank
  • Meenaskhi Energy Private Limited - India
  • Manunggal Multi Energi - Indonesia
  • CESC Limited - India
  • Jindal Steel & Power Ltd - India
  • Pinang Coal Indonesia
  • Medco Energi Mining Internasional
  • Essar Steel Hazira Ltd - India
  • Mjunction Services Limited - India
  • HSBC - Hong Kong
  • Cosco
  • Sarangani Energy Corporation, Philippines
  • Petrosea - Indonesia
  • Savvy Resources Ltd - HongKong
  • RBS Sempra - UK
  • Bangladesh Power Developement Board
  • Moodys - Singapore
  • NTPC Limited - India
  • IMC Shipping - Singapore
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • CCIC - Indonesia
  • Inspectorate - India
  • Posco Energy - South Korea
  • Britmindo - Indonesia
  • TANGEDCO India
  • Sical Logistics Limited - India
  • Ceylon Electricity Board - Sri Lanka
  • Electricity Authority, New Zealand
  • Interocean Group of Companies - India
  • Kumho Petrochemical, South Korea
  • NALCO India
  • Vedanta Resources Plc - India
  • Samsung - South Korea
  • GMR Energy Limited - India
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Maersk Broker
  • Sojitz Corporation - Japan
  • Mercuria Energy - Indonesia
  • Malabar Cements Ltd - India
  • Indian Energy Exchange, India
  • Indian Oil Corporation Limited
  • KPMG - USA
  • Directorate General of MIneral and Coal - Indonesia
  • Heidelberg Cement - Germany
  • Bukit Makmur.PT - Indonesia
  • London Commodity Brokers - England
  • Borneo Indobara - Indonesia
  • Metalloyd Limited - United Kingdom
  • Jorong Barutama Greston.PT - Indonesia
  • Aditya Birla Group - India
  • OCBC - Singapore
  • European Bulk Services B.V. - Netherlands
  • Thermax Limited - India
  • Rashtriya Ispat Nigam Limited - India
  • Lanco Infratech Ltd - India
  • Australian Coal Association
  • Peabody Energy - USA
  • Wilmar Investment Holdings
  • Deutsche Bank - India
  • Rudhra Energy - India
  • Core Mineral Indonesia
  • Coal India Limited
  • ETA - Dubai
  • World Coal - UK
  • Global Coal Blending Company Limited - Australia
  • JPMorgan - India
  • Orica Mining Services - Indonesia
  • PLN Batubara - Indonesia
  • EMO - The Netherlands
  • Uttam Galva Steels Limited - India
  • Platou - Singapore
  • Coalindo Energy - Indonesia
  • Shenhua Group - China
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Kideco Jaya Agung - Indonesia
  • World Bank
  • Eastern Energy - Thailand
  • Gresik Semen - Indonesia
  • IHS Mccloskey Coal Group - USA
  • Kobexindo Tractors - Indoneisa
  • Ambuja Cements Ltd - India
  • Independent Power Producers Association of India
  • WorleyParsons
  • Bhoruka Overseas - Indonesia
  • Sree Jayajothi Cements Limited - India
  • Kohat Cement Company Ltd. - Pakistan
  • BNP Paribas - Singapore
  • Reliance Power - India
  • Coal Orbis AG
  • PLN - Indonesia
  • Videocon Industries ltd - India
  • Banpu Public Company Limited - Thailand
  • Altura Mining Limited, Indonesia
  • Carbofer General Trading SA - India
  • Sucofindo - Indonesia
  • Adaro Indonesia
  • Maruti Cements - India
  • Barclays Capital - USA
  • The University of Queensland
  • Electricity Generating Authority of Thailand
  • UBS Singapore
  • Antam Resourcindo - Indonesia
  • Vale Mozambique
  • TGV SRAAC LIMITED, India
  • Tamil Nadu electricity Board
  • LBH Netherlands Bv - Netherlands
  • Thriveni
  • Holcim Trading Pte Ltd - Singapore
  • Inco-Indonesia
  • Australian Commodity Traders Exchange
  • Indonesia Power. PT
  • Africa Commodities Group - South Africa
  • Enel Italy
  • Sindya Power Generating Company Private Ltd
  • Permata Bank - Indonesia
  • Russian Coal LLC
  • Leighton Contractors Pty Ltd - Australia
  • BRS Brokers - Singapore
  • Toyota Tsusho Corporation, Japan
  • Intertek Mineral Services - Indonesia
  • Mercator Lines Limited - India
  • Cemex - Philippines
  • Ministry of Finance - Indonesia
  • Price Waterhouse Coopers - Russia
  • Jatenergy - Australia
  • San Jose City I Power Corp, Philippines
  • CNBM International Corporation - China
  • Xstrata Coal
  • Pendopo Energi Batubara - Indonesia
  • Karbindo Abesyapradhi - Indoneisa
  • Kobe Steel Ltd - Japan
  • Planning Commission, India
  • Sinarmas Energy and Mining - Indonesia
  • Coal and Oil Company - UAE
  • Kapuas Tunggal Persada - Indonesia
  • Coastal Gujarat Power Limited - India
  • MEC Coal - Indonesia
  • Platts
  • IBC Asia (S) Pte Ltd
  • Tata Power - India
  • Ince & co LLP
  • Infraline Energy - India
  • Malco - India
  • Latin American Coal - Colombia
  • bp singapore
  • Mechel - Russia
  • JPower - Japan
  • Riau Bara Harum - Indonesia
  • Gujarat Electricity Regulatory Commission - India
  • Berau Coal - Indonesia
  • Georgia Ports Authority, United States
  • Madhucon Powers Ltd - India
  • Cardiff University - UK
  • Straits Asia Resources Limited - Singapore
  • Parliament of New Zealand
  • Trasteel International SA, Italy
  • VISA Power Limited - India
  • Lafarge - France
  • ASAPP Information Group - India
  • CoalTek, United States
  • Salva Resources Pvt Ltd - India
  • Ernst & Young Pvt. Ltd.
  • Therma Luzon, Inc, Philippines
  • Barasentosa Lestari - Indonesia
  • Globalindo Alam Lestari - Indonesia
  • SUEK AG - Indonesia
  • Indogreen Group - Indonesia
  • Gujarat Sidhee Cement - India
  • Siam City Cement PLC, Thailand
  • ICICI Bank Limited - India
  • SN Aboitiz Power Inc, Philippines
  • Formosa Plastics Group - Taiwan
  • Kaltim Prima Coal - Indonesia
  • Krishnapatnam Port Company Ltd. - India
  • Sakthi Sugars Limited - India
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • PetroVietnam
  • Global Business Power Corporation, Philippines
  • White Energy Company Limited
  • ACC Limited - India
  • ING Bank NV - Singapore
  • GHCL Limited - India
  • Coeclerici Indonesia
  • Noble Europe Ltd - UK
  • TRAFIGURA, South Korea
  • Runge Indonesia
  • globalCOAL - UK
  • Freeport Indonesia
  • Petrochimia International Co. Ltd.- Taiwan
  • Bhushan Steel Limited - India
  • Thomson Reuters GRC
  • Mitsui
  • KPCL - India
  • DBS Bank - Singapore
  • Thai Mozambique Logistica
  • Semirara Mining and Power Corporation, Philippines
  • Port Waratah Coal Services - Australia
  • Semirara Mining Corp, Philippines
  • Samtan Co., Ltd - South Korea
  • Edison Trading Spa - Italy
  • Agrawal Coal Company - India
  • Asia Cement - Taiwan
  • Xindia Steels Limited - India
  • GAC Shipping (India) Pvt Ltd
  • Maheswari Brothers Coal Limited - India
  • Minerals Council of Australia
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • GNFC Limited - India
  • APGENCO India
  • KEPCO - South Korea
  • PNOC Exploration Corporation - Philippines
  • South Luzon Thermal Energy Corporation
  • PTC India Limited - India