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Wednesday, 26 August 09
COAL INDIA MAY HIKE COAL PRICES BY UP TO RS 175 (ABOUT US$ 3.60) A TONNE
The Economic Times reported that, state-owned Coal India may hike coal prices by up to Rs 175 (~ US$ 3.60) a tonne to close the gap between domestic and international rates.
CIL has not hiked prices since 2007 and this has resulted in a huge difference in prices.
"CIL is considering to raise the coal prices by about 10 per cent across-the-board soon," sources said.
Domestic coal prices range between Rs 770 (US$ 15.87) and Rs 1,700 (US$ 35.05) a tonne. If hiked by 10 per cent, the prices would go up by Rs 175 (US$ 3.60) a tonne.
A top Coal India official, however, said the hike would be "modest" and said, "our prices are 50 per cent discounted as compared to the global prices. Now there has been a major wage revision resulting in over Rs 4,000 crore (US$ 825,251,988) additional financial burden on us which cannot be met through production and productivity alone."
The official said that CIL had witnessed a sharp drop in retained earnings because of the wage-built annual impact and the company's retained profit could be only Rs 300 crore (US$ 61,893,942) on a turnover of about Rs 45,000 crore (US$ 9,284,092,954) last year. (US$ 1 = 48.47 INR)
Source: The Economic Times
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Wednesday, 07 October 09
COAL INDIA LOOKS AT LONG-TERM PRICE CONTRACTS
Economic Times reported that, Coal India is looking at long-term price contracts, of at least three-four year periods, with foreign entities, 54 of ...
Wednesday, 07 October 09
COAL INDIA, SHIPPING CORP MAY FORM VENTURE TO IMPORT COAL
The venture may be on the lines of the firm that CIL plans with SAIL for coal imports in which both to hold 25%
Live Mint reported that, State-ru ...
Tuesday, 06 October 09
ASIA COAL-PRICE REBOUND TOWARDS $71 ON TENDER ACTIVITY
Reuters reported that, Prices of power-station coal in Australia, a benchmark for Asia, rose 4 percent in the latest week to near $71 a tonne, bolst ...
Tuesday, 06 October 09
BHARATHI CEMENT TO ADD 2.5 MT CAPACITY BY 2010
Business-Standard reported that, Bharathi Cement Corporation (BCC) commenced its commercial operations from its Nallalingayapalli manufacturing plan ...
Tuesday, 06 October 09
MOZAMBIQUE TO BUILD COAL RAILWAY
BBC reported that, Mozambique's government has announced that it has secured $500m (£313m) to build a new railway line. The transport ministe ...
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- GAC Shipping (India) Pvt Ltd
- PTC India Limited - India
- Deloitte Consulting - India
- Toyota Tsusho Corporation, Japan
- Global Business Power Corporation, Philippines
- Xindia Steels Limited - India
- Kapuas Tunggal Persada - Indonesia
- Ambuja Cements Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PowerSource Philippines DevCo
- Oldendorff Carriers - Singapore
- Rio Tinto Coal - Australia
- Sarangani Energy Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Bhoruka Overseas - Indonesia
- Siam City Cement PLC, Thailand
- Posco Energy - South Korea
- OPG Power Generation Pvt Ltd - India
- Orica Mining Services - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Georgia Ports Authority, United States
- Singapore Mercantile Exchange
- Indonesian Coal Mining Association
- Petron Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- White Energy Company Limited
- Eastern Coal Council - USA
- London Commodity Brokers - England
- Jindal Steel & Power Ltd - India
- Planning Commission, India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Parliament of New Zealand
- Interocean Group of Companies - India
- Minerals Council of Australia
- GN Power Mariveles Coal Plant, Philippines
- Thai Mozambique Logistica
- Intertek Mineral Services - Indonesia
- Tata Chemicals Ltd - India
- SMC Global Power, Philippines
- Kumho Petrochemical, South Korea
- Sojitz Corporation - Japan
- Maharashtra Electricity Regulatory Commission - India
- Karaikal Port Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Bukit Baiduri Energy - Indonesia
- Vizag Seaport Private Limited - India
- Star Paper Mills Limited - India
- Vedanta Resources Plc - India
- Marubeni Corporation - India
- Rashtriya Ispat Nigam Limited - India
- Sical Logistics Limited - India
- SN Aboitiz Power Inc, Philippines
- Renaissance Capital - South Africa
- Ceylon Electricity Board - Sri Lanka
- Bhatia International Limited - India
- Larsen & Toubro Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Essar Steel Hazira Ltd - India
- Uttam Galva Steels Limited - India
- Merrill Lynch Commodities Europe
- Videocon Industries ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Simpson Spence & Young - Indonesia
- Siam City Cement - Thailand
- Holcim Trading Pte Ltd - Singapore
- Cement Manufacturers Association - India
- Aditya Birla Group - India
- Miang Besar Coal Terminal - Indonesia
- Sindya Power Generating Company Private Ltd
- Salva Resources Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Leighton Contractors Pty Ltd - Australia
- GMR Energy Limited - India
- Formosa Plastics Group - Taiwan
- Orica Australia Pty. Ltd.
- Kaltim Prima Coal - Indonesia
- Maheswari Brothers Coal Limited - India
- Samtan Co., Ltd - South Korea
- Bayan Resources Tbk. - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Coalindo Energy - Indonesia
- Goldman Sachs - Singapore
- Gujarat Mineral Development Corp Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Krishnapatnam Port Company Ltd. - India
- Thiess Contractors Indonesia
- TeaM Sual Corporation - Philippines
- Coastal Gujarat Power Limited - India
- Eastern Energy - Thailand
- Manunggal Multi Energi - Indonesia
- Bharathi Cement Corporation - India
- Straits Asia Resources Limited - Singapore
- Mercator Lines Limited - India
- IHS Mccloskey Coal Group - USA
- Independent Power Producers Association of India
- Bulk Trading Sa - Switzerland
- Alfred C Toepfer International GmbH - Germany
- Africa Commodities Group - South Africa
- Metalloyd Limited - United Kingdom
- Baramulti Group, Indonesia
- Agrawal Coal Company - India
- Electricity Generating Authority of Thailand
- International Coal Ventures Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Asmin Koalindo Tuhup - Indonesia
- Medco Energi Mining Internasional
- Globalindo Alam Lestari - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Makarim & Taira - Indonesia
- The State Trading Corporation of India Ltd
- Ministry of Finance - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Mintek Dendrill Indonesia
- Australian Coal Association
- Chettinad Cement Corporation Ltd - India
- Standard Chartered Bank - UAE
- Sakthi Sugars Limited - India
- Energy Development Corp, Philippines
- Riau Bara Harum - Indonesia
- ASAPP Information Group - India
- Meenaskhi Energy Private Limited - India
- Price Waterhouse Coopers - Russia
- Altura Mining Limited, Indonesia
- Malabar Cements Ltd - India
- Kobexindo Tractors - Indoneisa
- Sree Jayajothi Cements Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Semirara Mining Corp, Philippines
- Trasteel International SA, Italy
- Banpu Public Company Limited - Thailand
- Bhushan Steel Limited - India
- Borneo Indobara - Indonesia
- The University of Queensland
- Port Waratah Coal Services - Australia
- Attock Cement Pakistan Limited
- Offshore Bulk Terminal Pte Ltd, Singapore
- Dalmia Cement Bharat India
- ICICI Bank Limited - India
- South Luzon Thermal Energy Corporation
- GVK Power & Infra Limited - India
- Billiton Holdings Pty Ltd - Australia
- Iligan Light & Power Inc, Philippines
- New Zealand Coal & Carbon
- San Jose City I Power Corp, Philippines
- Romanian Commodities Exchange
- Antam Resourcindo - Indonesia
- Grasim Industreis Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Economic Council, Georgia
- Semirara Mining and Power Corporation, Philippines
- Mercuria Energy - Indonesia
- Energy Link Ltd, New Zealand
- Australian Commodity Traders Exchange
- Kepco SPC Power Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Central Electricity Authority - India
- Carbofer General Trading SA - India
- Ministry of Mines - Canada
- Wood Mackenzie - Singapore
- Edison Trading Spa - Italy
- Mjunction Services Limited - India
- Madhucon Powers Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Pendopo Energi Batubara - Indonesia
- CIMB Investment Bank - Malaysia
- Central Java Power - Indonesia
- IEA Clean Coal Centre - UK
- India Bulls Power Limited - India
- CNBM International Corporation - China
- Electricity Authority, New Zealand
- Power Finance Corporation Ltd., India
- Sinarmas Energy and Mining - Indonesia
- MS Steel International - UAE
- Kohat Cement Company Ltd. - Pakistan
- Indo Tambangraya Megah - Indonesia
- Indian Energy Exchange, India
- Global Green Power PLC Corporation, Philippines
- Bangladesh Power Developement Board
- SMG Consultants - Indonesia
- VISA Power Limited - India
- Ind-Barath Power Infra Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Tamil Nadu electricity Board
- LBH Netherlands Bv - Netherlands
- Gujarat Sidhee Cement - India
- Heidelberg Cement - Germany
- Wilmar Investment Holdings
- Barasentosa Lestari - Indonesia
- Lanco Infratech Ltd - India
- Commonwealth Bank - Australia
- Coal and Oil Company - UAE
- Chamber of Mines of South Africa
- Directorate Of Revenue Intelligence - India
- Aboitiz Power Corporation - Philippines
- Latin American Coal - Colombia
- Therma Luzon, Inc, Philippines
- PNOC Exploration Corporation - Philippines
- Global Coal Blending Company Limited - Australia
- Indian Oil Corporation Limited
- Parry Sugars Refinery, India
- Anglo American - United Kingdom
- McConnell Dowell - Australia
- Ministry of Transport, Egypt
- Gujarat Electricity Regulatory Commission - India
- Jaiprakash Power Ventures ltd
- Indogreen Group - Indonesia
- European Bulk Services B.V. - Netherlands
- Karbindo Abesyapradhi - Indoneisa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Neyveli Lignite Corporation Ltd, - India
- The Treasury - Australian Government
- AsiaOL BioFuels Corp., Philippines
- Indika Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Binh Thuan Hamico - Vietnam
- Meralco Power Generation, Philippines
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