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Thursday, 28 February 13
INDIA HAS INCREASED CUSTOMS DUTY AND COUNTERVAILING DUTY FOR POWER PLANT COAL
COALspot.com : The government of India raised basic customs duty and countervailing duty on steam coal. In the meantime government has reduced custom and countervailing duty on Bituminous coal.
Finance Minister of India in his budget speech today, announced a hike in the basic customs duty on steam coal from present Zero to two percent and CVD from one per cent to two per cent. Steam coal also known as thermal coal or power plant coal is mainly used in power generation.
Recently Indian customs officers defined coal with Volatile Matter over 14 percent and calorific value over 5833 kcal/kg on moisture, mineral matter free (DMMF) basis as "Bituminous Coal".
"Prior to today’s announcement, steam coal is exempt from customs duty but subject to one percent concessional CVD. In the meantime, Bituminous coal attracts a duty of 5 per cent and CVD of 6 per cent. The government has equalized the duties on both type of coal and levy two per cent customs duty and two per cent CVD.
According to Media reports, India has imported around 30 million tons of bituminous coal last year against around 50 million tons of steam coal.
"Coal from Indonesian origin has special tax treatment In India. Hence importers of Indonesian coal will not affect significantly by above increase," a coal importer from India said.
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Sunday, 09 June 13
IRON ORE DEMAND: WEAK; COAL MOVEMENT: STEADY TO INDIA AND CHINA - CAPT. REDDY
COALspot.com - The freight market was fairly steady with BDI up by 0.37 per cent closed at 812 points this week.
The Cape index was also ended in ...
Friday, 07 June 13
MEDITERRANEAN COAL MARKETS
Press Release: 3rd International Conference Mediterranean Coal Markets will be held on 16-17th of September 2013, Istanbul, Turkey, Ceylan Intercont ...
Friday, 07 June 13
US'S COAL PRODUCTION INCREASED BY 0.54 PER CENT THE WEEK ENDED JUNE 1
COALspot.com – United states the world’s second largest coal producer produced totaled approximately 18.60 million short tons (mmst) of ...
Thursday, 06 June 13
WE ARE SEEING SOME FRESH INDO COAL TO CHINA AND INDIA - FEARNRESEARCH
Handy
In the Atlantic, the Gulf remains firm for the next week with a few orders in the market. The Supramaxes are seeing around low 20k for fronth ...
Wednesday, 05 June 13
DON'T AVOID PAYING COAL ROYALTY TO THE GOVERNMENT - INDONESIAN ENERGY MINISTER
COALspot.com – “Every country has the right to make policies to protect their national interests”, Energy and Mineral Resources Mi ...
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- CIMB Investment Bank - Malaysia
- Makarim & Taira - Indonesia
- Trasteel International SA, Italy
- Sojitz Corporation - Japan
- Mercator Lines Limited - India
- Formosa Plastics Group - Taiwan
- Anglo American - United Kingdom
- Miang Besar Coal Terminal - Indonesia
- SMC Global Power, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sinarmas Energy and Mining - Indonesia
- PTC India Limited - India
- Rio Tinto Coal - Australia
- IHS Mccloskey Coal Group - USA
- Edison Trading Spa - Italy
- Commonwealth Bank - Australia
- Indika Energy - Indonesia
- Antam Resourcindo - Indonesia
- Kideco Jaya Agung - Indonesia
- Sree Jayajothi Cements Limited - India
- Posco Energy - South Korea
- Aditya Birla Group - India
- Directorate General of MIneral and Coal - Indonesia
- Sical Logistics Limited - India
- Carbofer General Trading SA - India
- Lanco Infratech Ltd - India
- Ambuja Cements Ltd - India
- Directorate Of Revenue Intelligence - India
- Metalloyd Limited - United Kingdom
- Medco Energi Mining Internasional
- Power Finance Corporation Ltd., India
- MS Steel International - UAE
- SN Aboitiz Power Inc, Philippines
- Oldendorff Carriers - Singapore
- Orica Australia Pty. Ltd.
- Rashtriya Ispat Nigam Limited - India
- Wood Mackenzie - Singapore
- White Energy Company Limited
- Global Business Power Corporation, Philippines
- Deloitte Consulting - India
- Bukit Baiduri Energy - Indonesia
- Independent Power Producers Association of India
- Indonesian Coal Mining Association
- Neyveli Lignite Corporation Ltd, - India
- Altura Mining Limited, Indonesia
- AsiaOL BioFuels Corp., Philippines
- Jindal Steel & Power Ltd - India
- Uttam Galva Steels Limited - India
- Eastern Energy - Thailand
- Kapuas Tunggal Persada - Indonesia
- Globalindo Alam Lestari - Indonesia
- Thiess Contractors Indonesia
- Kaltim Prima Coal - Indonesia
- Global Coal Blending Company Limited - Australia
- Coalindo Energy - Indonesia
- Vizag Seaport Private Limited - India
- Mintek Dendrill Indonesia
- Jaiprakash Power Ventures ltd
- Vijayanagar Sugar Pvt Ltd - India
- Malabar Cements Ltd - India
- Thai Mozambique Logistica
- Vedanta Resources Plc - India
- Madhucon Powers Ltd - India
- Star Paper Mills Limited - India
- Mjunction Services Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Holcim Trading Pte Ltd - Singapore
- Gujarat Electricity Regulatory Commission - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Romanian Commodities Exchange
- Jorong Barutama Greston.PT - Indonesia
- Bhatia International Limited - India
- Ministry of Finance - Indonesia
- Bangladesh Power Developement Board
- IEA Clean Coal Centre - UK
- Sakthi Sugars Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Toyota Tsusho Corporation, Japan
- Wilmar Investment Holdings
- PowerSource Philippines DevCo
- Therma Luzon, Inc, Philippines
- Bulk Trading Sa - Switzerland
- Marubeni Corporation - India
- Africa Commodities Group - South Africa
- Meenaskhi Energy Private Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Bukit Makmur.PT - Indonesia
- Central Java Power - Indonesia
- Pendopo Energi Batubara - Indonesia
- Karaikal Port Pvt Ltd - India
- Tamil Nadu electricity Board
- Agrawal Coal Company - India
- Larsen & Toubro Limited - India
- India Bulls Power Limited - India
- Heidelberg Cement - Germany
- Standard Chartered Bank - UAE
- Global Green Power PLC Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Baramulti Group, Indonesia
- Ceylon Electricity Board - Sri Lanka
- Billiton Holdings Pty Ltd - Australia
- Bhoruka Overseas - Indonesia
- GVK Power & Infra Limited - India
- European Bulk Services B.V. - Netherlands
- Intertek Mineral Services - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Singapore Mercantile Exchange
- OPG Power Generation Pvt Ltd - India
- Meralco Power Generation, Philippines
- Manunggal Multi Energi - Indonesia
- Coastal Gujarat Power Limited - India
- Ind-Barath Power Infra Limited - India
- GMR Energy Limited - India
- Kumho Petrochemical, South Korea
- SMG Consultants - Indonesia
- Electricity Authority, New Zealand
- Central Electricity Authority - India
- Essar Steel Hazira Ltd - India
- Electricity Generating Authority of Thailand
- Simpson Spence & Young - Indonesia
- Cement Manufacturers Association - India
- Sindya Power Generating Company Private Ltd
- London Commodity Brokers - England
- Bhushan Steel Limited - India
- Tata Chemicals Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Goldman Sachs - Singapore
- Kartika Selabumi Mining - Indonesia
- Gujarat Sidhee Cement - India
- Chettinad Cement Corporation Ltd - India
- The University of Queensland
- Minerals Council of Australia
- Latin American Coal - Colombia
- CNBM International Corporation - China
- Xindia Steels Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Bharathi Cement Corporation - India
- Energy Development Corp, Philippines
- Merrill Lynch Commodities Europe
- Gujarat Mineral Development Corp Ltd - India
- VISA Power Limited - India
- Eastern Coal Council - USA
- Asmin Koalindo Tuhup - Indonesia
- Binh Thuan Hamico - Vietnam
- Petron Corporation, Philippines
- Parry Sugars Refinery, India
- Aboitiz Power Corporation - Philippines
- Sarangani Energy Corporation, Philippines
- Videocon Industries ltd - India
- Krishnapatnam Port Company Ltd. - India
- Maharashtra Electricity Regulatory Commission - India
- The Treasury - Australian Government
- Price Waterhouse Coopers - Russia
- Siam City Cement PLC, Thailand
- Borneo Indobara - Indonesia
- Dalmia Cement Bharat India
- The State Trading Corporation of India Ltd
- Ministry of Mines - Canada
- Mercuria Energy - Indonesia
- Indian Oil Corporation Limited
- Samtan Co., Ltd - South Korea
- Bayan Resources Tbk. - Indonesia
- Iligan Light & Power Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Ministry of Transport, Egypt
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Planning Commission, India
- ICICI Bank Limited - India
- South Luzon Thermal Energy Corporation
- Offshore Bulk Terminal Pte Ltd, Singapore
- Leighton Contractors Pty Ltd - Australia
- PNOC Exploration Corporation - Philippines
- Interocean Group of Companies - India
- LBH Netherlands Bv - Netherlands
- TeaM Sual Corporation - Philippines
- Parliament of New Zealand
- Energy Link Ltd, New Zealand
- Semirara Mining and Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- McConnell Dowell - Australia
- Australian Commodity Traders Exchange
- Kepco SPC Power Corporation, Philippines
- Semirara Mining Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Chamber of Mines of South Africa
- PetroVietnam Power Coal Import and Supply Company
- Grasim Industreis Ltd - India
- Indogreen Group - Indonesia
- Indian Energy Exchange, India
- Timah Investasi Mineral - Indoneisa
- Kohat Cement Company Ltd. - Pakistan
- New Zealand Coal & Carbon
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Maheswari Brothers Coal Limited - India
- Barasentosa Lestari - Indonesia
- Renaissance Capital - South Africa
- San Jose City I Power Corp, Philippines
- Salva Resources Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Savvy Resources Ltd - HongKong
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Georgia Ports Authority, United States
- Straits Asia Resources Limited - Singapore
- Orica Mining Services - Indonesia
- Alfred C Toepfer International GmbH - Germany
- GAC Shipping (India) Pvt Ltd
- Banpu Public Company Limited - Thailand
- Attock Cement Pakistan Limited
- Kalimantan Lumbung Energi - Indonesia
- Riau Bara Harum - Indonesia
- Siam City Cement - Thailand
- ASAPP Information Group - India
- Economic Council, Georgia
- Coal and Oil Company - UAE
- Australian Coal Association
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