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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, 28 April 13
PANAMAX FREIGHT COULD BE SOFT NEXT WEEK - CAPT. REDDY
COALspot.com - This BDI closed slightly lower at 871 points (down by 1.91 pct) mainly due to drop in the Panamax index by almost 10 pct.
Th ...
Saturday, 27 April 13
HANDY : SLIDING ; PANAMAX : POSITIVE ; CAPESIZE : STILL ON ITS KNEES - FEARNRESEARCH
Handy
The Atlantic markets started sliding with no fresh cargoes seen in the market. The USG-Feast was at USD 18k and Black sea-Feast was at USD 11 ...
Saturday, 27 April 13
2ND CHINA INTERNATIONAL SHALE GAS SUMMIT
Press Release - 2nd China International Shale Gas Summit, 10-13 September 2013 | Chengdu, China
*The largest annual event for the shale gas indus ...
Friday, 26 April 13
LIMA SUMMIT IN JULY TO HIGHLIGHT LATIN AMERICAN MINING POTENTIAL
COALspot.com - Latin American mining industry officials and their private sector counterparts will be gathering in Lima, Peru on July 1-2 for the La ...
Wednesday, 24 April 13
FUTURE US POWER MARKET SHARES OF COAL, NATURAL GAS GENERATORS DEPEND ON RELATIVE FUEL PRICES - EIA
COALspot.com - In recent years, in US, natural gas competed more effectively with coal as a fuel for electricity generation as the cost of operating ...
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- Directorate Of Revenue Intelligence - India
- Bulk Trading Sa - Switzerland
- Parry Sugars Refinery, India
- Therma Luzon, Inc, Philippines
- The Treasury - Australian Government
- Maheswari Brothers Coal Limited - India
- Africa Commodities Group - South Africa
- TNB Fuel Sdn Bhd - Malaysia
- ICICI Bank Limited - India
- Lanco Infratech Ltd - India
- Indo Tambangraya Megah - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coastal Gujarat Power Limited - India
- New Zealand Coal & Carbon
- Sindya Power Generating Company Private Ltd
- Electricity Authority, New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- Bukit Makmur.PT - Indonesia
- Oldendorff Carriers - Singapore
- Savvy Resources Ltd - HongKong
- Formosa Plastics Group - Taiwan
- Xindia Steels Limited - India
- Dalmia Cement Bharat India
- Wilmar Investment Holdings
- Bayan Resources Tbk. - Indonesia
- Global Business Power Corporation, Philippines
- Bharathi Cement Corporation - India
- LBH Netherlands Bv - Netherlands
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Leighton Contractors Pty Ltd - Australia
- India Bulls Power Limited - India
- The University of Queensland
- Kartika Selabumi Mining - Indonesia
- Mjunction Services Limited - India
- Tamil Nadu electricity Board
- Indika Energy - Indonesia
- Siam City Cement PLC, Thailand
- Indonesian Coal Mining Association
- Price Waterhouse Coopers - Russia
- Karbindo Abesyapradhi - Indoneisa
- Thiess Contractors Indonesia
- Australian Commodity Traders Exchange
- Pipit Mutiara Jaya. PT, Indonesia
- Barasentosa Lestari - Indonesia
- Billiton Holdings Pty Ltd - Australia
- SN Aboitiz Power Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Kumho Petrochemical, South Korea
- PTC India Limited - India
- Interocean Group of Companies - India
- Star Paper Mills Limited - India
- Essar Steel Hazira Ltd - India
- Videocon Industries ltd - India
- Sree Jayajothi Cements Limited - India
- Coalindo Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Intertek Mineral Services - Indonesia
- Bhoruka Overseas - Indonesia
- Kobexindo Tractors - Indoneisa
- Kalimantan Lumbung Energi - Indonesia
- Chettinad Cement Corporation Ltd - India
- Independent Power Producers Association of India
- PowerSource Philippines DevCo
- Aboitiz Power Corporation - Philippines
- Meenaskhi Energy Private Limited - India
- London Commodity Brokers - England
- GVK Power & Infra Limited - India
- Attock Cement Pakistan Limited
- McConnell Dowell - Australia
- Commonwealth Bank - Australia
- Marubeni Corporation - India
- Heidelberg Cement - Germany
- GMR Energy Limited - India
- Globalindo Alam Lestari - Indonesia
- The State Trading Corporation of India Ltd
- Toyota Tsusho Corporation, Japan
- Miang Besar Coal Terminal - Indonesia
- ASAPP Information Group - India
- Pendopo Energi Batubara - Indonesia
- Goldman Sachs - Singapore
- Mintek Dendrill Indonesia
- Sinarmas Energy and Mining - Indonesia
- Uttam Galva Steels Limited - India
- SMG Consultants - Indonesia
- Malabar Cements Ltd - India
- Ind-Barath Power Infra Limited - India
- Sojitz Corporation - Japan
- Directorate General of MIneral and Coal - Indonesia
- Sical Logistics Limited - India
- Meralco Power Generation, Philippines
- Altura Mining Limited, Indonesia
- Central Java Power - Indonesia
- Binh Thuan Hamico - Vietnam
- Bank of Tokyo Mitsubishi UFJ Ltd
- Cement Manufacturers Association - India
- Singapore Mercantile Exchange
- Global Coal Blending Company Limited - Australia
- Jorong Barutama Greston.PT - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Eastern Coal Council - USA
- Petrochimia International Co. Ltd.- Taiwan
- Makarim & Taira - Indonesia
- International Coal Ventures Pvt Ltd - India
- Madhucon Powers Ltd - India
- Vedanta Resources Plc - India
- Romanian Commodities Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Semirara Mining Corp, Philippines
- Kapuas Tunggal Persada - Indonesia
- Baramulti Group, Indonesia
- MS Steel International - UAE
- PetroVietnam Power Coal Import and Supply Company
- Parliament of New Zealand
- Cigading International Bulk Terminal - Indonesia
- Agrawal Coal Company - India
- South Luzon Thermal Energy Corporation
- Mercuria Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Simpson Spence & Young - Indonesia
- Siam City Cement - Thailand
- Jindal Steel & Power Ltd - India
- Chamber of Mines of South Africa
- Salva Resources Pvt Ltd - India
- Ministry of Finance - Indonesia
- Anglo American - United Kingdom
- Gujarat Sidhee Cement - India
- San Jose City I Power Corp, Philippines
- Ambuja Cements Ltd - India
- Kideco Jaya Agung - Indonesia
- White Energy Company Limited
- Straits Asia Resources Limited - Singapore
- IHS Mccloskey Coal Group - USA
- IEA Clean Coal Centre - UK
- Energy Link Ltd, New Zealand
- Latin American Coal - Colombia
- Energy Development Corp, Philippines
- Central Electricity Authority - India
- Banpu Public Company Limited - Thailand
- Eastern Energy - Thailand
- Jaiprakash Power Ventures ltd
- Tata Chemicals Ltd - India
- Ministry of Mines - Canada
- Bhushan Steel Limited - India
- CNBM International Corporation - China
- Vijayanagar Sugar Pvt Ltd - India
- Bangladesh Power Developement Board
- Planning Commission, India
- Vizag Seaport Private Limited - India
- Manunggal Multi Energi - Indonesia
- Carbofer General Trading SA - India
- Gujarat Electricity Regulatory Commission - India
- Indian Oil Corporation Limited
- Rashtriya Ispat Nigam Limited - India
- Bukit Baiduri Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- GAC Shipping (India) Pvt Ltd
- Ministry of Transport, Egypt
- Medco Energi Mining Internasional
- AsiaOL BioFuels Corp., Philippines
- Orica Australia Pty. Ltd.
- Samtan Co., Ltd - South Korea
- Indogreen Group - Indonesia
- OPG Power Generation Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Renaissance Capital - South Africa
- PNOC Exploration Corporation - Philippines
- Trasteel International SA, Italy
- Electricity Generating Authority of Thailand
- Deloitte Consulting - India
- Semirara Mining and Power Corporation, Philippines
- Rio Tinto Coal - Australia
- Antam Resourcindo - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Economic Council, Georgia
- Riau Bara Harum - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Georgia Ports Authority, United States
- Larsen & Toubro Limited - India
- SMC Global Power, Philippines
- Aditya Birla Group - India
- European Bulk Services B.V. - Netherlands
- Grasim Industreis Ltd - India
- Thai Mozambique Logistica
- Metalloyd Limited - United Kingdom
- Indian Energy Exchange, India
- Kaltim Prima Coal - Indonesia
- Australian Coal Association
- TeaM Sual Corporation - Philippines
- Wood Mackenzie - Singapore
- Minerals Council of Australia
- Standard Chartered Bank - UAE
- Kepco SPC Power Corporation, Philippines
- VISA Power Limited - India
- Port Waratah Coal Services - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Sarangani Energy Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Bhatia International Limited - India
- Timah Investasi Mineral - Indoneisa
- Petron Corporation, Philippines
- Sakthi Sugars Limited - India
- Alfred C Toepfer International GmbH - Germany
- Coal and Oil Company - UAE
- Karaikal Port Pvt Ltd - India
- Borneo Indobara - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Orica Mining Services - Indonesia
- Mercator Lines Limited - India
- Posco Energy - South Korea
- Neyveli Lignite Corporation Ltd, - India
- Power Finance Corporation Ltd., India
- Edison Trading Spa - Italy
- Holcim Trading Pte Ltd - Singapore
- Iligan Light & Power Inc, Philippines
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