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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, 24 June 21
FEBRUARY'S INCREASE IN COAL-FIRED ELECTRIC GENERATION REDUCED U.S. COAL STOCKPILES - EIA
Coal stockpiles at U.S. power plants decreased significantly from December 2020 to February 2021, including a draw of nearly 16 million tons in Feb ...
Wednesday, 23 June 21
MARKET INSIGHT - INTERMODAL
The first half of 2021 has brought a very sharp and continued recovery in the dry bulk market and while many where expecting a relatively strong ma ...
Thursday, 17 June 21
2020 PROVED TO BE A TRULY TERRIBLE YEAR FOR GLOBAL SEABORNE COAL TRADE; CHINA'S COAL IMPORTS - BANCHERO COSTA
2020 proved to be a truly terrible year for global seaborne coal trade.
Total global loadings in the 12 months of 2020 were down -12 ...
Thursday, 17 June 21
FITCH RATINGS RAISES SHORT-TERM OIL AND GAS PRICE ASSUMPTIONS
Fitch Ratings has increased its 2021 and 2022 oil price assumptions for the Brent and West Texas Intermediate (WTI) benchmarks due to stronger year ...
Wednesday, 16 June 21
MARKET INSIGHT - INTERMODAL
“While approaching the second half of the year and summer season is just around the corner, COVID vaccination programs are steadily moving fo ...
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- Maharashtra Electricity Regulatory Commission - India
- Georgia Ports Authority, United States
- Standard Chartered Bank - UAE
- Global Business Power Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- GN Power Mariveles Coal Plant, Philippines
- Rashtriya Ispat Nigam Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mjunction Services Limited - India
- Jaiprakash Power Ventures ltd
- Borneo Indobara - Indonesia
- Merrill Lynch Commodities Europe
- Siam City Cement - Thailand
- Vizag Seaport Private Limited - India
- The Treasury - Australian Government
- Minerals Council of Australia
- Edison Trading Spa - Italy
- Riau Bara Harum - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- PowerSource Philippines DevCo
- Toyota Tsusho Corporation, Japan
- Aboitiz Power Corporation - Philippines
- Interocean Group of Companies - India
- VISA Power Limited - India
- Chettinad Cement Corporation Ltd - India
- Straits Asia Resources Limited - Singapore
- Binh Thuan Hamico - Vietnam
- Intertek Mineral Services - Indonesia
- TeaM Sual Corporation - Philippines
- Makarim & Taira - Indonesia
- Medco Energi Mining Internasional
- Indian Energy Exchange, India
- South Luzon Thermal Energy Corporation
- ASAPP Information Group - India
- Uttam Galva Steels Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Singapore Mercantile Exchange
- Samtan Co., Ltd - South Korea
- Essar Steel Hazira Ltd - India
- MS Steel International - UAE
- Bharathi Cement Corporation - India
- Africa Commodities Group - South Africa
- GMR Energy Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- LBH Netherlands Bv - Netherlands
- White Energy Company Limited
- Petrochimia International Co. Ltd.- Taiwan
- Australian Coal Association
- European Bulk Services B.V. - Netherlands
- Timah Investasi Mineral - Indoneisa
- PNOC Exploration Corporation - Philippines
- Star Paper Mills Limited - India
- Kobexindo Tractors - Indoneisa
- Coastal Gujarat Power Limited - India
- Power Finance Corporation Ltd., India
- Ambuja Cements Ltd - India
- Energy Development Corp, Philippines
- Semirara Mining and Power Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- Petron Corporation, Philippines
- Ministry of Transport, Egypt
- Bukit Makmur.PT - Indonesia
- International Coal Ventures Pvt Ltd - India
- Wood Mackenzie - Singapore
- Marubeni Corporation - India
- Kumho Petrochemical, South Korea
- Bayan Resources Tbk. - Indonesia
- Pendopo Energi Batubara - Indonesia
- Trasteel International SA, Italy
- Jindal Steel & Power Ltd - India
- Siam City Cement PLC, Thailand
- Electricity Authority, New Zealand
- IHS Mccloskey Coal Group - USA
- Therma Luzon, Inc, Philippines
- IEA Clean Coal Centre - UK
- Bahari Cakrawala Sebuku - Indonesia
- Baramulti Group, Indonesia
- Deloitte Consulting - India
- San Jose City I Power Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- Sakthi Sugars Limited - India
- Wilmar Investment Holdings
- Metalloyd Limited - United Kingdom
- Tata Chemicals Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Banpu Public Company Limited - Thailand
- Global Green Power PLC Corporation, Philippines
- Commonwealth Bank - Australia
- Semirara Mining Corp, Philippines
- Ministry of Mines - Canada
- Bhatia International Limited - India
- Alfred C Toepfer International GmbH - Germany
- Sical Logistics Limited - India
- Aditya Birla Group - India
- Ministry of Finance - Indonesia
- Iligan Light & Power Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Karaikal Port Pvt Ltd - India
- Bangladesh Power Developement Board
- Central Java Power - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Eastern Coal Council - USA
- Bank of Tokyo Mitsubishi UFJ Ltd
- Eastern Energy - Thailand
- PetroVietnam Power Coal Import and Supply Company
- GVK Power & Infra Limited - India
- Sree Jayajothi Cements Limited - India
- Cement Manufacturers Association - India
- Renaissance Capital - South Africa
- Lanco Infratech Ltd - India
- Indo Tambangraya Megah - Indonesia
- Thai Mozambique Logistica
- Krishnapatnam Port Company Ltd. - India
- Central Electricity Authority - India
- Kepco SPC Power Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Agrawal Coal Company - India
- Antam Resourcindo - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Price Waterhouse Coopers - Russia
- Directorate General of MIneral and Coal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- SMG Consultants - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Altura Mining Limited, Indonesia
- Coalindo Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Orica Mining Services - Indonesia
- Bhoruka Overseas - Indonesia
- Anglo American - United Kingdom
- Economic Council, Georgia
- Gujarat Sidhee Cement - India
- CIMB Investment Bank - Malaysia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Electricity Generating Authority of Thailand
- Energy Link Ltd, New Zealand
- Dalmia Cement Bharat India
- Port Waratah Coal Services - Australia
- Vedanta Resources Plc - India
- Kartika Selabumi Mining - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Grasim Industreis Ltd - India
- Meralco Power Generation, Philippines
- Indika Energy - Indonesia
- Indian Oil Corporation Limited
- CNBM International Corporation - China
- Leighton Contractors Pty Ltd - Australia
- Chamber of Mines of South Africa
- Indogreen Group - Indonesia
- Bukit Baiduri Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- New Zealand Coal & Carbon
- Bhushan Steel Limited - India
- Thiess Contractors Indonesia
- Global Coal Blending Company Limited - Australia
- Romanian Commodities Exchange
- Parliament of New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- The University of Queensland
- Larsen & Toubro Limited - India
- India Bulls Power Limited - India
- Coal and Oil Company - UAE
- Heidelberg Cement - Germany
- SMC Global Power, Philippines
- Kideco Jaya Agung - Indonesia
- Posco Energy - South Korea
- Kapuas Tunggal Persada - Indonesia
- Oldendorff Carriers - Singapore
- Holcim Trading Pte Ltd - Singapore
- Videocon Industries ltd - India
- Goldman Sachs - Singapore
- The State Trading Corporation of India Ltd
- Madhucon Powers Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Parry Sugars Refinery, India
- Australian Commodity Traders Exchange
- Bulk Trading Sa - Switzerland
- TNB Fuel Sdn Bhd - Malaysia
- Gujarat Electricity Regulatory Commission - India
- Latin American Coal - Colombia
- Xindia Steels Limited - India
- Kaltim Prima Coal - Indonesia
- Rio Tinto Coal - Australia
- ICICI Bank Limited - India
- Mercator Lines Limited - India
- Formosa Plastics Group - Taiwan
- Maheswari Brothers Coal Limited - India
- Manunggal Multi Energi - Indonesia
- GAC Shipping (India) Pvt Ltd
- Sarangani Energy Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Independent Power Producers Association of India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PTC India Limited - India
- Mintek Dendrill Indonesia
- Attock Cement Pakistan Limited
- Gujarat Mineral Development Corp Ltd - India
- Planning Commission, India
- Neyveli Lignite Corporation Ltd, - India
- Mercuria Energy - Indonesia
- Tamil Nadu electricity Board
- Sojitz Corporation - Japan
- Savvy Resources Ltd - HongKong
- McConnell Dowell - Australia
- Ind-Barath Power Infra Limited - India
- Orica Australia Pty. Ltd.
- Carbofer General Trading SA - India
- Salva Resources Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- London Commodity Brokers - England
- Simpson Spence & Young - Indonesia
- Indonesian Coal Mining Association
- Malabar Cements Ltd - India
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