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
Thursday, 15 February 18
INDIA: THERMAL POWER PLANTS UNDER STRESS ON RISING COAL, FREIGHT COSTS - BUSINESS STANDARD
Coal and excavatorCoal-based power plants are feeling the heat of spike in thermal grade coal prices and railway freight costs.

Prices of thermal grade coal since the last notification by Coal India on January 9 this year have moved up by 15-18 per cent. This apart, the levy of evacuation charge of Rs 50 per tonne is estimated to increase the cost of generation for coal-based power plants by 13-15 paise per unit.

Also, the Ministry of Railways through a notification on January 9 this year has rationalized the freight rates for coal transportation and withdrawing the levy of busy season surcharge (15 per cent) and development surcharge (five per cent) on coal transportation. The busy season surcharge is levied from April to June and October to March in a financial year. On an annual basis, the freight rates have been revised by 3.4-3.6 per cent across various distance slabs. According to a report by Icra, the impact of this freight revision on the cost of generation for thermal plants could be two to four paise per unit depending on the distance of the project from the associated coal mine.

“Thermal power plants are already operating at lower load due to rising demand for renewable power.

The hike in coal and railway freight costs is a blow on the operations of the coal-based units. The plants without long-term PPAs will suffer the most”, said an industry source.

For domestic coal-based IPPs (independent power producers) which have competitively bid based PPAs, the impact on the margins will be dependent on the extent of scalable energy charge component in the tariff structure. For power generating companies and IPPs without long-term PPAs and having exposure to short-term PPAs, the profitability will be negatively impacted with a rise in coal price, given the subdued short-term tariffs with the surplus generation capacity available in the country.

Icra expects a partial pass-through by private IPPs with a competitive bid based PPAs for the balance coal-based generation. Under these assumptions, the cost of power procurement for discoms at an all India level is estimated to increase by about nine paise per unit.

Assuming the average AT&C (aggregate technical & commercial) loss level at around 23 per cent in the country, the impact of the revision in coal prices and railway freight on cost of power supply per unit sold and retail tariffs (assuming full pass through by state regulators) is estimated at around 14 paisa per unit or 2.3 per cent tariff hike. However, the state-wise extent of an increase in the cost of power supply and hence, in retail tariff for a distribution utility would be dependent upon the mix of coal-based generation in its overall power procurement, the Icra report stated.

Cost of thermal power generation is likely to witness upward pressure due to Capex (Capital expenditure) requirement for complying with the revised environment norms, operating cost associated with the same as well as the cost of ensuring flexibility in operations with rising share of renewables.
Source: Business Standard


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

Recent News

Wednesday, 15 March 17
SHIPPING MARKET INSIGHT - GEORGE PANAGOPOULOS
Over the past two weeks, the Dry Baltic Index has been on an upward trend, breaking the 1000 point mark and creating a positive sentiment for the u ...


Tuesday, 14 March 17
ORDERBOOK-TO-FEET RATIO DECREASING; THE FREIGHT MARKET IMPROVING
It seems as though the renewed optimism that has arisen from the recent upward trends being noted in the freight market, the dry bulk market has be ...


Monday, 13 March 17
PORT OF NEWCASTLE HAS SHIPPED 11.563 MILLION TONS COAL IN FEBRUARY 2017; DECLINED 12.19 PERCENT M/M
COALspot.com: The Port of Newcastle, Australia’s major trading ports and the world’s largest coal export ports has shipped $AU 1,4 ...


Monday, 13 March 17
INDO - INDIA COAL FREIGHT RATES STAY FIRM
COALspot.com: The Freight market was continuing to firming up. The Baltic Exchange, tracking rates for ships carrying dry bulk commodities ros ...


Friday, 10 March 17
ESTIMATED U.S. COAL PRODUCTION ALMOST FLAT WEEK ENDED MARCH 4, SAYS EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 15.7 million short ton ...


   419 420 421 422 423   
Showing 2101 to 2105 news of total 6871
News by Category
Popular News
 
Total Members : 28,635
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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