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

Tuesday, 22 September 09
SHORT PERIOD RATE FOR SUPRAMAX WAS AROUND US$ 17,000 PER DAY FOR VESSELS OPENING FAR EAST / SE ASIA - VISTAAR
COALspot.com (Singapore): The dry bulk market continued to be stable with the BDI just dropping by about 5 pct to 2,356 points last week. The change ...


Tuesday, 22 September 09
AUSTRALIA SEES HIGHER ASIAN THERMAL COAL IMPORTS
* Asia '09 imports to rise 3.5%, vs pvs f'cast of 3.3% fall * Asia 2010 thermal coal imports expected to rise 6.3 pct * China to become net im ...


Tuesday, 22 September 09
PANAMA CANAL EXPANSION MAY AID COLOMBIA COAL TO ASIA
* Colombia producers hope for growth in Asia shipments * Panama Canal will allow smaller coal Capesize vessels * Australia, Indonesia to remain bi ...


Monday, 21 September 09
ACCC SET TO APPROVE NEWCASTLE COAL SHIPPING AGREEMENT
ABC reported that, The competition regulator says it is likely to approve a new agreement over coal loading arrangements at Newcastle. Australian ...


Friday, 18 September 09
PEABODY ENERGY ESTABLISHES ASIAN COAL TRADING HUB IN SINGAPORE
Peabody Energy announced it has opened an office in Singapore that will serve as the new hub for Peabody COALTRADE International activities in South ...


   1281 1282 1283 1284 1285   
Showing 6411 to 6415 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 ...

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