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
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



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

Recent News

Friday, 25 September 09
INDONESIA STOCK EXCHANGE EXAMINES BUMI DEAL WITH CHINESE SOVEREIGN WEALTH FUND
The Jakarta globe reported that, The Indonesia Stock Exchange is looking into the $1.9 billion financing deal between PT Bumi Resources, the country ...


Friday, 25 September 09
FREIGHT RATE CUTS MAKING SOUTH AFRICAN COAL MORE COMPETITIVE IN ASIAN MARKETS
Mining Weekly reported that, Coaltrans South Africa MD Gerard Strahan highlighted the country’s sudden increase in coal exports to southern Ch ...


Friday, 25 September 09
XSTRATA TO BUILD ITS OWN RAIL CAPACITY TO SHIP AUSTRALIAN COAL
Bloomberg reported that, Xstrata Plc, the world’s largest exporter of coal used by power stations, will establish its own rail haulage capacit ...


Thursday, 24 September 09
INDIA CEMENT CO'S TO AWARD 200,000T COAL TENDER
Reuters reported that, India's biggest cement maker ACC Cement Ltd and Gujarat Ambuja will award on Thursday Sept 25 a tender for 100,000 tonnes ea ...


Thursday, 24 September 09
YUDEAN TO SIGN CO-OPERATION LETTER OF INTENT WITH RUSSIA COAL TRADE COMPANY
In the recent days, Gao Shiqiang, deputy manager of Yudean Group Co., Ltd. went and carried out the friendly talks with SUEK and inked the trade co- ...


   1278 1279 1280 1281 1282   
Showing 6396 to 6400 news of total 6871
News by Category
Popular News
 
Total Members : 28,619
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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