We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Monday, 30 December 13
INDONESIAN COAL TO BE PART OF INDEX DETERMINING POWER TARIFFS - BUSINESS STANDARD
In a significant move, power sector regulator CERC has decided to provide 50 per cent weightage for Indonesian coal in the benchmark index that is used to determine escalation rates for electricity generated using imported dry fuel.
The move would help in having a benchmark in deciding the escalation rates for electricity generated by power plants that are fired by Indonesian coal.
It also assumes significance amid deadlock between various power generators and procurers over increasing the electricity tariff due to rise in imported coal prices.
The Central Electricity Regulatory Commission (CERC) has decided to include Indonesian coal, besides South African and Australian dry fuel, in the composite index for imported coal for payment purposes.
Currently for payment purposes, the index takes into account only Australian and South African coal.
The Commission said the decision to revise the index has been taken after considering the composition of steam coal imports as well as the importance and acceptability of indices in international contracts.
"The weights of different coal in the composite index shall include 25 per cent Australian coal, 25 per cent South African coal, and 50 per cent Indonesian coal," the Commission said in an order dated December 23.
CERC has the mandate to notify the escalation rates for imported coal used to fire power plants. These rates are notified every six months.
According to the watchdog, Indonesian coal has been included in the index considering that it makes up for a pre- dominant share of steam coal imports into the country.
In 2010-11 period, about 73 per cent coal was imported from Indonesia while 24 per cent was from South Africa.
Average import of steam coal for the last three years shows about 76 per cent from Indonesia and 19 per cent from South Africa. During the same period, the dry fuel import from Australia was just about one per cent.
Despite insignificant steam coal imports from Australia, it would have 25 per cent weightage in the index.
"Australian coal has been retained in the composite index despite very low volume of consumption in India due to its liquidity, acceptability for contracts, and possibility of increased use of Australian coal in future," the order said.
The new index should be used to determine the escalation rates from April 1, 2014.
Regarding suggestions for country specific indices, CERC said that reliability could be an issue in such cases.
"The rationale for using composite index instead of country specific index is to induce efficiency in procurement and diversification of supplies," the order said.
Further, the regulator noted that the composite index would be subject to review and revision "as and when the need arises".
Source: Trust of India / Business Standard
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Monday, 28 October 13
API 8 CFR SOUTH CHINA COAL FOR Q3'14 DELIVERY LOST ON D-D,W-W & M-M
COALspot.com : API 8 CFR South China Coal swaps for average Q4 2013 delivery fell 0.22 percept M-M on Friday 25 October 2013. The CFR South China Co ...
Monday, 28 October 13
COAL SWAP FOR Q3' 2014 DELIVERY LOST ON D-D, W-W AND M-M
COALspot.com – Sub-Bit Indonesia coal swap (FOB ) for average Q4 2013 delivery gained 0.46 percept month on month on Friday 25 October 2 ...
Saturday, 26 October 13
PANAMAX CHARTER RATES FROM INDONESIA TO INDIA STAY FIRM - SOLYM
COALspot.com: The freight market showed tendency of softness with Cape and Panamax futures and physical soft.
The BDI was down by 12 pct week end ...
Saturday, 26 October 13
DRY BULK MARKET KEEPS ON RETREATING, BUT NEW BUILDING ORDERS KEEP ON PILING - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market kept on retreating this week, with the industry's benchmark, the Baltic Dry Index (BDI) falling to 1,708 points, down 78 on the ...
Friday, 25 October 13
U.S. YEAR-TO-DATE COAL PRODUCTION REACHED TOTALLED 803.1 MMST
COALspot.com – United States the world’s second largest coal producer produced approximately 19.10 million short tons (mmst) of coal in ...
|
|
|
Showing 4041 to 4045 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Gujarat Sidhee Cement - India
- Globalindo Alam Lestari - Indonesia
- Altura Mining Limited, Indonesia
- Planning Commission, India
- Madhucon Powers Ltd - India
- Bangladesh Power Developement Board
- Meralco Power Generation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Standard Chartered Bank - UAE
- Videocon Industries ltd - India
- IHS Mccloskey Coal Group - USA
- Iligan Light & Power Inc, Philippines
- Siam City Cement - Thailand
- Kartika Selabumi Mining - Indonesia
- Indo Tambangraya Megah - Indonesia
- Australian Coal Association
- PNOC Exploration Corporation - Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Riau Bara Harum - Indonesia
- Mercator Lines Limited - India
- Larsen & Toubro Limited - India
- International Coal Ventures Pvt Ltd - India
- New Zealand Coal & Carbon
- SMG Consultants - Indonesia
- Rashtriya Ispat Nigam Limited - India
- South Luzon Thermal Energy Corporation
- LBH Netherlands Bv - Netherlands
- Jorong Barutama Greston.PT - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Siam City Cement PLC, Thailand
- Georgia Ports Authority, United States
- Ministry of Mines - Canada
- Heidelberg Cement - Germany
- Petrochimia International Co. Ltd.- Taiwan
- Ministry of Transport, Egypt
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coal and Oil Company - UAE
- MS Steel International - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Medco Energi Mining Internasional
- Mintek Dendrill Indonesia
- Kaltim Prima Coal - Indonesia
- The State Trading Corporation of India Ltd
- Orica Mining Services - Indonesia
- Bayan Resources Tbk. - Indonesia
- Semirara Mining Corp, Philippines
- GVK Power & Infra Limited - India
- Simpson Spence & Young - Indonesia
- Directorate Of Revenue Intelligence - India
- London Commodity Brokers - England
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Coalindo Energy - Indonesia
- Price Waterhouse Coopers - Russia
- Pendopo Energi Batubara - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Binh Thuan Hamico - Vietnam
- Energy Link Ltd, New Zealand
- Power Finance Corporation Ltd., India
- CNBM International Corporation - China
- Chettinad Cement Corporation Ltd - India
- Independent Power Producers Association of India
- Bhoruka Overseas - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Trasteel International SA, Italy
- Minerals Council of Australia
- Leighton Contractors Pty Ltd - Australia
- Tata Chemicals Ltd - India
- Merrill Lynch Commodities Europe
- Meenaskhi Energy Private Limited - India
- Sree Jayajothi Cements Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Aditya Birla Group - India
- Agrawal Coal Company - India
- Eastern Coal Council - USA
- European Bulk Services B.V. - Netherlands
- Deloitte Consulting - India
- Ceylon Electricity Board - Sri Lanka
- Kepco SPC Power Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Australian Commodity Traders Exchange
- Electricity Generating Authority of Thailand
- Salva Resources Pvt Ltd - India
- Cement Manufacturers Association - India
- Antam Resourcindo - Indonesia
- Xindia Steels Limited - India
- Petron Corporation, Philippines
- Anglo American - United Kingdom
- Malabar Cements Ltd - India
- Bulk Trading Sa - Switzerland
- Global Green Power PLC Corporation, Philippines
- Indika Energy - Indonesia
- Makarim & Taira - Indonesia
- SN Aboitiz Power Inc, Philippines
- Tamil Nadu electricity Board
- Port Waratah Coal Services - Australia
- Carbofer General Trading SA - India
- Goldman Sachs - Singapore
- Sarangani Energy Corporation, Philippines
- Renaissance Capital - South Africa
- Kohat Cement Company Ltd. - Pakistan
- Coastal Gujarat Power Limited - India
- Economic Council, Georgia
- Central Java Power - Indonesia
- Sindya Power Generating Company Private Ltd
- Electricity Authority, New Zealand
- The University of Queensland
- Mjunction Services Limited - India
- Savvy Resources Ltd - HongKong
- Star Paper Mills Limited - India
- Sakthi Sugars Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Marubeni Corporation - India
- Neyveli Lignite Corporation Ltd, - India
- Romanian Commodities Exchange
- Ministry of Finance - Indonesia
- India Bulls Power Limited - India
- Formosa Plastics Group - Taiwan
- Global Business Power Corporation, Philippines
- PowerSource Philippines DevCo
- Essar Steel Hazira Ltd - India
- Bhushan Steel Limited - India
- Holcim Trading Pte Ltd - Singapore
- Energy Development Corp, Philippines
- CIMB Investment Bank - Malaysia
- Eastern Energy - Thailand
- Banpu Public Company Limited - Thailand
- Global Coal Blending Company Limited - Australia
- Wood Mackenzie - Singapore
- Singapore Mercantile Exchange
- Bharathi Cement Corporation - India
- Bhatia International Limited - India
- AsiaOL BioFuels Corp., Philippines
- Maheswari Brothers Coal Limited - India
- Uttam Galva Steels Limited - India
- Semirara Mining and Power Corporation, Philippines
- Sical Logistics Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Orica Australia Pty. Ltd.
- Timah Investasi Mineral - Indoneisa
- OPG Power Generation Pvt Ltd - India
- GMR Energy Limited - India
- Africa Commodities Group - South Africa
- Vijayanagar Sugar Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- White Energy Company Limited
- Gujarat Electricity Regulatory Commission - India
- TeaM Sual Corporation - Philippines
- Metalloyd Limited - United Kingdom
- Vizag Seaport Private Limited - India
- Indian Energy Exchange, India
- Parliament of New Zealand
- Thai Mozambique Logistica
- Interocean Group of Companies - India
- Bukit Makmur.PT - Indonesia
- ASAPP Information Group - India
- Kalimantan Lumbung Energi - Indonesia
- Parry Sugars Refinery, India
- VISA Power Limited - India
- Indian Oil Corporation Limited
- Offshore Bulk Terminal Pte Ltd, Singapore
- Straits Asia Resources Limited - Singapore
- Jaiprakash Power Ventures ltd
- PTC India Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Lanco Infratech Ltd - India
- The Treasury - Australian Government
- Karbindo Abesyapradhi - Indoneisa
- Vedanta Resources Plc - India
- Therma Luzon, Inc, Philippines
- ICICI Bank Limited - India
- Alfred C Toepfer International GmbH - Germany
- Wilmar Investment Holdings
- Dalmia Cement Bharat India
- Chamber of Mines of South Africa
- IEA Clean Coal Centre - UK
- Toyota Tsusho Corporation, Japan
- Samtan Co., Ltd - South Korea
- Ambuja Cements Ltd - India
- Attock Cement Pakistan Limited
- Indonesian Coal Mining Association
- Thiess Contractors Indonesia
- Latin American Coal - Colombia
- Posco Energy - South Korea
- Sojitz Corporation - Japan
- McConnell Dowell - Australia
- Jindal Steel & Power Ltd - India
- Kumho Petrochemical, South Korea
- Kideco Jaya Agung - Indonesia
- SMC Global Power, Philippines
- Sinarmas Energy and Mining - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Rio Tinto Coal - Australia
- Miang Besar Coal Terminal - Indonesia
- Borneo Indobara - Indonesia
- Commonwealth Bank - Australia
- Mercuria Energy - Indonesia
- Intertek Mineral Services - Indonesia
- Bukit Baiduri Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Kobexindo Tractors - Indoneisa
- Manunggal Multi Energi - Indonesia
- Oldendorff Carriers - Singapore
- San Jose City I Power Corp, Philippines
- Edison Trading Spa - Italy
- TNB Fuel Sdn Bhd - Malaysia
- GAC Shipping (India) Pvt Ltd
- Asmin Koalindo Tuhup - Indonesia
- Central Electricity Authority - India
- Indogreen Group - Indonesia
- Grasim Industreis Ltd - India
- Baramulti Group, Indonesia
- Karaikal Port Pvt Ltd - India
|
| |
| |
|