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
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.



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

Recent News

Tuesday, 08 January 13
HOLIDAY ACTIVITY SCARCE IN THE MARKET OF SECOND HAND VESSELS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Although the market for second hand vessel purchasing was quite lull during the Holiday period, as is usually the case, the first days of the New Ye ...


Tuesday, 08 January 13
NEWCASTLE PORT SHIPPED 3.197 MILLION MT OF COAL W/E 7 JANUARY 2013
COALspot.com - Newcastle port in Australia has loaded 3,197,580 MT of thermal and coking coal for week ended  0700 hours 7 January 2013, Newcas ...


Sunday, 06 January 13
CFR SOUTH CHINA COAL: 2014 DELIVERY CLOSED US$ 6.80 HIGHER THAN Q1 '13 PRICE
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average Q1’ 2013 delivery has gained 0.37 percent WoW  and CFR South China coal sh ...


Sunday, 06 January 13
COAL BOOM: WAKE-UP CALL FOR INDIA & INDONESIA! - SUNIL K KUMBHAT
COALspot.com - Coal Boom : Scenario, Now & later! Coal has been the dominant fuel for power generating plants in developed countries since th ...


Sunday, 06 January 13
FREIGHT MARKET REMAINED FAIRLY STEADY - VISTAAR
WISH YOU ALL HAPPY NEW YEAR COALspot.com - The freight market remained fairly steady in spite of Christmas / New Year Holidays. The BDI was almos ...


   885 886 887 888 889   
Showing 4431 to 4435 news of total 6871
News by Category
Popular News
 
Total Members : 28,617
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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