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Sunday, 08 January 23
INDIAN COAL POWER PLANTS SHOULD BE COMPENSATED FOR 2022 FORCED GENERATION – REGULATOR : REUTERS
Indian power plants that rely on imported coal should be fully compensated when forced to supply electricity, the country’s power regulator said on Tuesday, paving the way for companies to recover losses resulting from a government order last year.
In May, India invoked an emergency clause in the Electricity Act to direct plants using imported coal to resume generation to meet high demand. The power stations, with a combined capacity of about 17 gigawatts, had ceased operating due to high coal prices.
Power tariffs for plants using imported coal should cover their costs as well as a “reasonable profit margin,” the Central Electricity Regulatory Commission (CERC) said in an order dated Jan. 3.
The order came after Tata Power Co Ltd TTPW.NSappealed to the CERC against the tariff fixed by the power ministry after the directive last year forced them to keep operating to avert a power crisis in the country.
Other companies, including Adani Power ADAN.NS and JSW Energy JSWE.NS, would now be able to claim compensation for being compelled to supply electricity during that period, an industry official said.
Tata Power said the CERC order would benefit its power plant at Mundra in Gujarat, which burns imported coal. The plant would recover the full cost incurred for supplying power under the emergency direction last year, it said in a statement.
“We are thankful to the CERC for granting all prayers in our favour,” the company said.
The CERC order also said that the tariff that the power ministry had allowed under the emergency provision had been interim and no longer applied.
Source: Reuters
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Thursday, 01 July 21
END TO COAL POWER BROUGHT FORWARD TO OCTOBER 2024
Press Release: The deadline to phase out coal from Great Britain's energy system has been brought forward by a whole year, highlighting the UK& ...
Thursday, 01 July 21
WHY BUILD 600 NEW UNPROFITABLE COAL PLANTS? - DEUTSCHE WELLE
Governments in Asia are planning 600 new coal plants that could lose investors $150 billion and derail efforts to limit temperature rise in line wi ...
Thursday, 01 July 21
FIVE ASIAN COUNTRIES ACCOUNT FOR 80% OF NEW COAL POWER INVESTMENT - THE GUARDIAN
Five Asian countries are jeopardising global climate ambitions by investing in 80% of the world’s planned new coal plants, according to a rep ...
Wednesday, 30 June 21
DELTA DUNIA MAKMUR RECORDED AN IMPROVED REVENUE IN Q1 2021; REVENUE INCREASED BY 49% QOQ TO US$160 MILLION ON THE BACK OF COAL PRICE RECOVERY
PT Delta Dunia Makmur Tbk. (“DOID”) released its consolidated financial and operating results that include its primary and wholly-owned ...
Wednesday, 30 June 21
BUMA SIGNED MINING AGREEMENT WITH ADARO
PT Delta Dunia Makmur Tbk. announced that its subsidiary, PT Bukit Makmur Mandiri Utama ("BUMA"), has entered into an agreement for the p ...
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- Star Paper Mills Limited - India
- Trasteel International SA, Italy
- Indogreen Group - Indonesia
- Romanian Commodities Exchange
- Timah Investasi Mineral - Indoneisa
- Jorong Barutama Greston.PT - Indonesia
- PTC India Limited - India
- SMG Consultants - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Sarangani Energy Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Indian Oil Corporation Limited
- Videocon Industries ltd - India
- Banpu Public Company Limited - Thailand
- Vijayanagar Sugar Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Wood Mackenzie - Singapore
- Price Waterhouse Coopers - Russia
- Eastern Coal Council - USA
- Offshore Bulk Terminal Pte Ltd, Singapore
- Neyveli Lignite Corporation Ltd, - India
- Malabar Cements Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- New Zealand Coal & Carbon
- Central Java Power - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Xindia Steels Limited - India
- The University of Queensland
- Leighton Contractors Pty Ltd - Australia
- Kaltim Prima Coal - Indonesia
- GMR Energy Limited - India
- Iligan Light & Power Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- MS Steel International - UAE
- Sindya Power Generating Company Private Ltd
- Bhoruka Overseas - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Essar Steel Hazira Ltd - India
- Dalmia Cement Bharat India
- Standard Chartered Bank - UAE
- Eastern Energy - Thailand
- Kideco Jaya Agung - Indonesia
- Parry Sugars Refinery, India
- Aditya Birla Group - India
- Gujarat Mineral Development Corp Ltd - India
- Oldendorff Carriers - Singapore
- Semirara Mining and Power Corporation, Philippines
- Coal and Oil Company - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Binh Thuan Hamico - Vietnam
- Global Business Power Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Tamil Nadu electricity Board
- Uttam Galva Steels Limited - India
- Krishnapatnam Port Company Ltd. - India
- Mjunction Services Limited - India
- Therma Luzon, Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- International Coal Ventures Pvt Ltd - India
- GVK Power & Infra Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Metalloyd Limited - United Kingdom
- Energy Link Ltd, New Zealand
- AsiaOL BioFuels Corp., Philippines
- India Bulls Power Limited - India
- Indian Energy Exchange, India
- Asmin Koalindo Tuhup - Indonesia
- Indika Energy - Indonesia
- Georgia Ports Authority, United States
- Makarim & Taira - Indonesia
- Bhatia International Limited - India
- Siam City Cement PLC, Thailand
- San Jose City I Power Corp, Philippines
- Energy Development Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- Borneo Indobara - Indonesia
- Riau Bara Harum - Indonesia
- Siam City Cement - Thailand
- White Energy Company Limited
- Gujarat Sidhee Cement - India
- Kartika Selabumi Mining - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Pendopo Energi Batubara - Indonesia
- Heidelberg Cement - Germany
- Barasentosa Lestari - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Mercuria Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Baramulti Group, Indonesia
- Renaissance Capital - South Africa
- Singapore Mercantile Exchange
- European Bulk Services B.V. - Netherlands
- CNBM International Corporation - China
- Straits Asia Resources Limited - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Indonesian Coal Mining Association
- Merrill Lynch Commodities Europe
- Jindal Steel & Power Ltd - India
- GAC Shipping (India) Pvt Ltd
- Orica Mining Services - Indonesia
- ASAPP Information Group - India
- The State Trading Corporation of India Ltd
- Bukit Baiduri Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Savvy Resources Ltd - HongKong
- TeaM Sual Corporation - Philippines
- Parliament of New Zealand
- Planning Commission, India
- Chamber of Mines of South Africa
- Simpson Spence & Young - Indonesia
- Marubeni Corporation - India
- Sical Logistics Limited - India
- Formosa Plastics Group - Taiwan
- Bharathi Cement Corporation - India
- PowerSource Philippines DevCo
- Sinarmas Energy and Mining - Indonesia
- Sakthi Sugars Limited - India
- Minerals Council of Australia
- Meralco Power Generation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- IHS Mccloskey Coal Group - USA
- Vedanta Resources Plc - India
- Holcim Trading Pte Ltd - Singapore
- Australian Coal Association
- Kumho Petrochemical, South Korea
- Sree Jayajothi Cements Limited - India
- Directorate Of Revenue Intelligence - India
- Ind-Barath Power Infra Limited - India
- Latin American Coal - Colombia
- Electricity Generating Authority of Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Wilmar Investment Holdings
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Australian Commodity Traders Exchange
- Ministry of Mines - Canada
- PetroVietnam Power Coal Import and Supply Company
- VISA Power Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Independent Power Producers Association of India
- LBH Netherlands Bv - Netherlands
- Rashtriya Ispat Nigam Limited - India
- Rio Tinto Coal - Australia
- McConnell Dowell - Australia
- Samtan Co., Ltd - South Korea
- Sojitz Corporation - Japan
- Petron Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Coalindo Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- PNOC Exploration Corporation - Philippines
- IEA Clean Coal Centre - UK
- Edison Trading Spa - Italy
- Posco Energy - South Korea
- Africa Commodities Group - South Africa
- Larsen & Toubro Limited - India
- Global Coal Blending Company Limited - Australia
- Attock Cement Pakistan Limited
- Kalimantan Lumbung Energi - Indonesia
- SMC Global Power, Philippines
- Orica Australia Pty. Ltd.
- Power Finance Corporation Ltd., India
- Manunggal Multi Energi - Indonesia
- ICICI Bank Limited - India
- Toyota Tsusho Corporation, Japan
- Globalindo Alam Lestari - Indonesia
- Indo Tambangraya Megah - Indonesia
- South Luzon Thermal Energy Corporation
- Commonwealth Bank - Australia
- Goldman Sachs - Singapore
- Kepco SPC Power Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Anglo American - United Kingdom
- Agrawal Coal Company - India
- CIMB Investment Bank - Malaysia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Carbofer General Trading SA - India
- London Commodity Brokers - England
- Port Waratah Coal Services - Australia
- Jaiprakash Power Ventures ltd
- Electricity Authority, New Zealand
- The Treasury - Australian Government
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bukit Makmur.PT - Indonesia
- Cement Manufacturers Association - India
- Mercator Lines Limited - India
- Maheswari Brothers Coal Limited - India
- Bhushan Steel Limited - India
- Interocean Group of Companies - India
- Altura Mining Limited, Indonesia
- Salva Resources Pvt Ltd - India
- Mintek Dendrill Indonesia
- Central Electricity Authority - India
- Thai Mozambique Logistica
- Ministry of Transport, Egypt
- Thiess Contractors Indonesia
- Aboitiz Power Corporation - Philippines
- Grasim Industreis Ltd - India
- Madhucon Powers Ltd - India
- Bangladesh Power Developement Board
- Karaikal Port Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Deloitte Consulting - India
- Coastal Gujarat Power Limited - India
- Antam Resourcindo - Indonesia
- Lanco Infratech Ltd - India
- Economic Council, Georgia
- Ministry of Finance - Indonesia
- Medco Energi Mining Internasional
- Tata Chemicals Ltd - India
- Semirara Mining Corp, Philippines
- Ambuja Cements Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Vizag Seaport Private Limited - India
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