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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, 16 September 09
S. LANKA, INDIA'S NTPC TO SIGN $500 MLN COAL DEAL
Reuters reported that, Sri Lanka is to sign a commercial agreement with India's National Thermal Power Corporation (NTPC.BO) to build a $500 millio ...
Wednesday, 16 September 09
NAPOCOR GETS 3 OFFERS IN COAL TENDER
ABS-CBN news reported that, The Philippines' state-run National Power Corp. (Napocor) said on Wednesday it received offers from 3 Indonesian firms ...
Wednesday, 16 September 09
S.KOREA KOSEP BUYS 1.06 MLN T COAL-SOURCE
* 6,080 kcal/kg at $63-65, 4,900-5,350 kcal/kg at $56-58
* Initially about 5 mln T offered for tender
Reuters reported that, Korea South ...
Tuesday, 15 September 09
CHINA COAL EXPORT ROSE M-O-M FOR THE STRAIGHT 3 MONTHS
Alibaba reported that, In the January-August period, China coal exports slid by 55.9% to 14.83mln tons month on month. In August, China exported 1.9 ...
Monday, 14 September 09
CIL MAY REDUCE FLOOR PRICE OF E-AUCTION COAL
After receiving a lukewarm response to the forward e-auction started in two of its subsidiaries, Coal India Limited (CIL) is mulling to reduce the f ...
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- Chettinad Cement Corporation Ltd - India
- New Zealand Coal & Carbon
- Thiess Contractors Indonesia
- South Luzon Thermal Energy Corporation
- Jorong Barutama Greston.PT - Indonesia
- Sinarmas Energy and Mining - Indonesia
- San Jose City I Power Corp, Philippines
- TeaM Sual Corporation - Philippines
- Directorate Of Revenue Intelligence - India
- Vedanta Resources Plc - India
- Sree Jayajothi Cements Limited - India
- Indika Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Simpson Spence & Young - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Price Waterhouse Coopers - Russia
- Bank of Tokyo Mitsubishi UFJ Ltd
- GMR Energy Limited - India
- Global Coal Blending Company Limited - Australia
- Cement Manufacturers Association - India
- PetroVietnam Power Coal Import and Supply Company
- India Bulls Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- Attock Cement Pakistan Limited
- Parry Sugars Refinery, India
- Miang Besar Coal Terminal - Indonesia
- Minerals Council of Australia
- Cigading International Bulk Terminal - Indonesia
- Edison Trading Spa - Italy
- Neyveli Lignite Corporation Ltd, - India
- Central Electricity Authority - India
- Kideco Jaya Agung - Indonesia
- Banpu Public Company Limited - Thailand
- Mjunction Services Limited - India
- GAC Shipping (India) Pvt Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Petrochimia International Co. Ltd.- Taiwan
- Bahari Cakrawala Sebuku - Indonesia
- Eastern Energy - Thailand
- Ministry of Finance - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Therma Luzon, Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Vizag Seaport Private Limited - India
- Mercator Lines Limited - India
- Barasentosa Lestari - Indonesia
- Videocon Industries ltd - India
- Sical Logistics Limited - India
- Riau Bara Harum - Indonesia
- Eastern Coal Council - USA
- Independent Power Producers Association of India
- Latin American Coal - Colombia
- Indian Oil Corporation Limited
- Sojitz Corporation - Japan
- Goldman Sachs - Singapore
- International Coal Ventures Pvt Ltd - India
- Economic Council, Georgia
- Central Java Power - Indonesia
- Coastal Gujarat Power Limited - India
- Borneo Indobara - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Transport, Egypt
- Bhoruka Overseas - Indonesia
- Tata Chemicals Ltd - India
- Power Finance Corporation Ltd., India
- LBH Netherlands Bv - Netherlands
- Heidelberg Cement - Germany
- Antam Resourcindo - Indonesia
- Interocean Group of Companies - India
- Ambuja Cements Ltd - India
- GVK Power & Infra Limited - India
- Malabar Cements Ltd - India
- Wilmar Investment Holdings
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Semirara Mining and Power Corporation, Philippines
- Merrill Lynch Commodities Europe
- White Energy Company Limited
- Toyota Tsusho Corporation, Japan
- Karbindo Abesyapradhi - Indoneisa
- McConnell Dowell - Australia
- SMC Global Power, Philippines
- Bhatia International Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Romanian Commodities Exchange
- Bhushan Steel Limited - India
- Africa Commodities Group - South Africa
- Indian Energy Exchange, India
- Kumho Petrochemical, South Korea
- Rio Tinto Coal - Australia
- Iligan Light & Power Inc, Philippines
- Orica Australia Pty. Ltd.
- Coalindo Energy - Indonesia
- Parliament of New Zealand
- Maheswari Brothers Coal Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Tamil Nadu electricity Board
- Kepco SPC Power Corporation, Philippines
- Dalmia Cement Bharat India
- SMG Consultants - Indonesia
- Electricity Generating Authority of Thailand
- Commonwealth Bank - Australia
- Krishnapatnam Port Company Ltd. - India
- Kobexindo Tractors - Indoneisa
- Grasim Industreis Ltd - India
- Baramulti Group, Indonesia
- Ministry of Mines - Canada
- Madhucon Powers Ltd - India
- The Treasury - Australian Government
- Altura Mining Limited, Indonesia
- CIMB Investment Bank - Malaysia
- Anglo American - United Kingdom
- Kalimantan Lumbung Energi - Indonesia
- ICICI Bank Limited - India
- Trasteel International SA, Italy
- Larsen & Toubro Limited - India
- Ceylon Electricity Board - Sri Lanka
- Intertek Mineral Services - Indonesia
- Carbofer General Trading SA - India
- Renaissance Capital - South Africa
- Coal and Oil Company - UAE
- Indo Tambangraya Megah - Indonesia
- Posco Energy - South Korea
- Bayan Resources Tbk. - Indonesia
- Bukit Makmur.PT - Indonesia
- Mercuria Energy - Indonesia
- Marubeni Corporation - India
- Deloitte Consulting - India
- Timah Investasi Mineral - Indoneisa
- Jindal Steel & Power Ltd - India
- Manunggal Multi Energi - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Gujarat Sidhee Cement - India
- Bulk Trading Sa - Switzerland
- Kohat Cement Company Ltd. - Pakistan
- Mintek Dendrill Indonesia
- Gujarat Electricity Regulatory Commission - India
- Uttam Galva Steels Limited - India
- Kapuas Tunggal Persada - Indonesia
- Global Business Power Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Semirara Mining Corp, Philippines
- Karaikal Port Pvt Ltd - India
- Indogreen Group - Indonesia
- SN Aboitiz Power Inc, Philippines
- MS Steel International - UAE
- PNOC Exploration Corporation - Philippines
- Meralco Power Generation, Philippines
- Star Paper Mills Limited - India
- Xindia Steels Limited - India
- Siam City Cement - Thailand
- Aditya Birla Group - India
- Aboitiz Power Corporation - Philippines
- Australian Coal Association
- The University of Queensland
- Oldendorff Carriers - Singapore
- PTC India Limited - India
- Thai Mozambique Logistica
- Electricity Authority, New Zealand
- Makarim & Taira - Indonesia
- Metalloyd Limited - United Kingdom
- Binh Thuan Hamico - Vietnam
- Indonesian Coal Mining Association
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Alfred C Toepfer International GmbH - Germany
- Medco Energi Mining Internasional
- IHS Mccloskey Coal Group - USA
- Chamber of Mines of South Africa
- Bangladesh Power Developement Board
- London Commodity Brokers - England
- Straits Asia Resources Limited - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- The State Trading Corporation of India Ltd
- Sakthi Sugars Limited - India
- Lanco Infratech Ltd - India
- Port Waratah Coal Services - Australia
- Planning Commission, India
- Jaiprakash Power Ventures ltd
- Bukit Baiduri Energy - Indonesia
- Savvy Resources Ltd - HongKong
- Formosa Plastics Group - Taiwan
- Kaltim Prima Coal - Indonesia
- IEA Clean Coal Centre - UK
- Singapore Mercantile Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Siam City Cement PLC, Thailand
- Bharathi Cement Corporation - India
- Georgia Ports Authority, United States
- Wood Mackenzie - Singapore
- Australian Commodity Traders Exchange
- CNBM International Corporation - China
- Ind-Barath Power Infra Limited - India
- Sarangani Energy Corporation, Philippines
- Standard Chartered Bank - UAE
- Salva Resources Pvt Ltd - India
- Energy Development Corp, Philippines
- Agrawal Coal Company - India
- PowerSource Philippines DevCo
- Kartika Selabumi Mining - Indonesia
- OPG Power Generation Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- ASAPP Information Group - India
- Leighton Contractors Pty Ltd - Australia
- Petron Corporation, Philippines
- VISA Power Limited - India
- Orica Mining Services - Indonesia
- Essar Steel Hazira Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Energy Link Ltd, New Zealand
- Global Green Power PLC Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- AsiaOL BioFuels Corp., Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Samtan Co., Ltd - South Korea
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