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Tuesday, 06 December 22
INDONESIA AIMS TO STARTS COLLECTING COAL LEVY IN Q1 2023 - MINISTER, REUTERS REPORTED
Indonesia aims to establish a coal fund agency and start collecting a coal levy in the first quarter next year, to help ensure supply security for domestic power plants and industries, energy minister Arifin Tasrif said.
The plan to set up the agency follows a coal supply crunch at local power plants that forced the world’s largest thermal coal exporter to temporarily halt exports at the start of the year.
The government plans to collect the levy from coal companies based on their output and proceeds will be used to pay the gap between the coal market price and the price cap set for a domestic market obligation (DMO).
Indonesia has put a price cap of $70 per tonne for coal sales to power plants and a $90 per tonne cap for local cement and fertiliser companies, and other industries.
Officials have said the significant gap between international prices and the domestic price cap had led to poor compliance with the DMO scheme.
Arifin declined to disclose the levy rate, but said it would be tiered based on the coal’s calorific value.
“If the calorific value is low, automatically (the levy rate) will be low, as the sale price is low, .. while for the higher calorific value… we will set it higher, because the selling price is higher,” Arifin said.
Source: Reuters
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Thursday, 26 January 23
AUSTRALIA'S CORONADO GLOBAL SEES COAL PRICES RISING ON RESUMING CHINA IMPORTS - REUTERS
Australia’s Coronado Global Resources said on Tuesday resuming metallurgical coal imports to China would likely push sea-borne coal prices hi ...
Monday, 23 January 23
CHINA'S MAJOR COAL-PRODUCING PROVINCE ACCELERATES DIGITAL TRANSFORMATION - XINHUA
At Chindata Group’s big-data industrial park in Lingqiu County of Datong City, hundreds of thousands of servers are running round-the-clock t ...
Monday, 23 January 23
CHINA'S COAL-RICH PROVINCE SEES COAL PRODUCTION INCREASE IN 2022 - XINHUA
North China’s coal-rich province of Shanxi saw its coal production hit 1.31 billion tonnes in 2022, up 8.7 percent year on year, local author ...
Wednesday, 18 January 23
MARKET INSIGHT - INTERMODAL
From Feb 5, another price cap will be introduced to Russian fuels and oil products, adding to the one for crude oil, already in place from Dec. 3. ...
Tuesday, 17 January 23
FRAUD IS THE BIGGEST THREAT TO CARGO LOSSES - TT CLUB
The almost exclusive use of online facilities to process business transactions allows a myriad of fraudulent pursuits to find opportunities within ...
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- Tata Chemicals Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- ICICI Bank Limited - India
- Mercuria Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Sree Jayajothi Cements Limited - India
- Jaiprakash Power Ventures ltd
- Georgia Ports Authority, United States
- AsiaOL BioFuels Corp., Philippines
- IEA Clean Coal Centre - UK
- Toyota Tsusho Corporation, Japan
- Barasentosa Lestari - Indonesia
- Siam City Cement - Thailand
- Iligan Light & Power Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Orica Mining Services - Indonesia
- Aditya Birla Group - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- IHS Mccloskey Coal Group - USA
- Samtan Co., Ltd - South Korea
- Xindia Steels Limited - India
- Gujarat Electricity Regulatory Commission - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Electricity Generating Authority of Thailand
- Kohat Cement Company Ltd. - Pakistan
- SMG Consultants - Indonesia
- PowerSource Philippines DevCo
- Salva Resources Pvt Ltd - India
- Larsen & Toubro Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Bhushan Steel Limited - India
- Dalmia Cement Bharat India
- Chamber of Mines of South Africa
- Karaikal Port Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Mercator Lines Limited - India
- Power Finance Corporation Ltd., India
- Wilmar Investment Holdings
- Sakthi Sugars Limited - India
- Indogreen Group - Indonesia
- VISA Power Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- San Jose City I Power Corp, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Madhucon Powers Ltd - India
- Global Business Power Corporation, Philippines
- Deloitte Consulting - India
- The Treasury - Australian Government
- Ambuja Cements Ltd - India
- PTC India Limited - India
- Ministry of Finance - Indonesia
- Metalloyd Limited - United Kingdom
- Simpson Spence & Young - Indonesia
- Energy Development Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Petron Corporation, Philippines
- India Bulls Power Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Meralco Power Generation, Philippines
- Orica Australia Pty. Ltd.
- Coalindo Energy - Indonesia
- Independent Power Producers Association of India
- Ministry of Mines - Canada
- Cement Manufacturers Association - India
- Latin American Coal - Colombia
- Malabar Cements Ltd - India
- Riau Bara Harum - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Electricity Authority, New Zealand
- Bangladesh Power Developement Board
- Commonwealth Bank - Australia
- Intertek Mineral Services - Indonesia
- CIMB Investment Bank - Malaysia
- Thiess Contractors Indonesia
- Baramulti Group, Indonesia
- Bhoruka Overseas - Indonesia
- Directorate Of Revenue Intelligence - India
- Kapuas Tunggal Persada - Indonesia
- Indian Energy Exchange, India
- Grasim Industreis Ltd - India
- OPG Power Generation Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Wood Mackenzie - Singapore
- Pendopo Energi Batubara - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Tamil Nadu electricity Board
- The University of Queensland
- Bukit Baiduri Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Marubeni Corporation - India
- LBH Netherlands Bv - Netherlands
- Sindya Power Generating Company Private Ltd
- Kideco Jaya Agung - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Aboitiz Power Corporation - Philippines
- Bharathi Cement Corporation - India
- Cigading International Bulk Terminal - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Kartika Selabumi Mining - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Borneo Indobara - Indonesia
- Singapore Mercantile Exchange
- Parry Sugars Refinery, India
- Makarim & Taira - Indonesia
- GVK Power & Infra Limited - India
- Merrill Lynch Commodities Europe
- Sinarmas Energy and Mining - Indonesia
- Agrawal Coal Company - India
- Billiton Holdings Pty Ltd - Australia
- Therma Luzon, Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Bhatia International Limited - India
- Kaltim Prima Coal - Indonesia
- Port Waratah Coal Services - Australia
- Rashtriya Ispat Nigam Limited - India
- Standard Chartered Bank - UAE
- Ceylon Electricity Board - Sri Lanka
- Romanian Commodities Exchange
- Directorate General of MIneral and Coal - Indonesia
- McConnell Dowell - Australia
- Renaissance Capital - South Africa
- Coastal Gujarat Power Limited - India
- Altura Mining Limited, Indonesia
- Globalindo Alam Lestari - Indonesia
- ASAPP Information Group - India
- Mintek Dendrill Indonesia
- Leighton Contractors Pty Ltd - Australia
- Bulk Trading Sa - Switzerland
- Minerals Council of Australia
- Energy Link Ltd, New Zealand
- Chettinad Cement Corporation Ltd - India
- Thai Mozambique Logistica
- Kumho Petrochemical, South Korea
- New Zealand Coal & Carbon
- Medco Energi Mining Internasional
- Indian Oil Corporation Limited
- PNOC Exploration Corporation - Philippines
- Heidelberg Cement - Germany
- Bahari Cakrawala Sebuku - Indonesia
- SMC Global Power, Philippines
- Indonesian Coal Mining Association
- Maheswari Brothers Coal Limited - India
- Sical Logistics Limited - India
- Kepco SPC Power Corporation, Philippines
- Videocon Industries ltd - India
- Eastern Energy - Thailand
- Central Electricity Authority - India
- Uttam Galva Steels Limited - India
- European Bulk Services B.V. - Netherlands
- Sarangani Energy Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Holcim Trading Pte Ltd - Singapore
- Ind-Barath Power Infra Limited - India
- Mjunction Services Limited - India
- Interocean Group of Companies - India
- London Commodity Brokers - England
- Vedanta Resources Plc - India
- Semirara Mining Corp, Philippines
- Africa Commodities Group - South Africa
- Star Paper Mills Limited - India
- MS Steel International - UAE
- Essar Steel Hazira Ltd - India
- South Luzon Thermal Energy Corporation
- Price Waterhouse Coopers - Russia
- Vijayanagar Sugar Pvt Ltd - India
- Lanco Infratech Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- CNBM International Corporation - China
- GMR Energy Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indo Tambangraya Megah - Indonesia
- Carbofer General Trading SA - India
- Banpu Public Company Limited - Thailand
- Goldman Sachs - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Edison Trading Spa - Italy
- Alfred C Toepfer International GmbH - Germany
- Economic Council, Georgia
- Australian Commodity Traders Exchange
- Oldendorff Carriers - Singapore
- White Energy Company Limited
- Ministry of Transport, Egypt
- Attock Cement Pakistan Limited
- Antam Resourcindo - Indonesia
- The State Trading Corporation of India Ltd
- Rio Tinto Coal - Australia
- Parliament of New Zealand
- Bayan Resources Tbk. - Indonesia
- Gujarat Sidhee Cement - India
- Global Coal Blending Company Limited - Australia
- Eastern Coal Council - USA
- Savvy Resources Ltd - HongKong
- Anglo American - United Kingdom
- Kobexindo Tractors - Indoneisa
- Planning Commission, India
- Australian Coal Association
- Manunggal Multi Energi - Indonesia
- Posco Energy - South Korea
- Vizag Seaport Private Limited - India
- Coal and Oil Company - UAE
- Binh Thuan Hamico - Vietnam
- Meenaskhi Energy Private Limited - India
- Formosa Plastics Group - Taiwan
- Bukit Makmur.PT - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Central Java Power - Indonesia
- Trasteel International SA, Italy
- Indika Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Sojitz Corporation - Japan
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