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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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Wednesday, 10 February 21
MARKET INSIGHT - INTERMODAL
We have just entered February, Chinese New Year holidays are about to start and the SnP market for bulkers is so hot as every seller would dream of ...
Tuesday, 09 February 21
SWITCHING COAL PLANTS TO PLN'S BIOMASS COFIRING PLAN IS NO MAGIC BULLET - IEEFA
Implementation risks for Indonesia PLN's switch from coal to biomass cofiring
PLN’s biomass cofiring plan will require not ...
Friday, 05 February 21
THE INDONESIA COAL PRICE REFERENCE FOR FEBRUARY 2021 SETTLES AT US$ 87.79 PER TON FOB VESSEL
COALspot.com: The Indonesia coal price reference for February 2021 settles at US$ 87.79 per ton FOB vessel. The February reference price is the hig ...
Thursday, 04 February 21
WHY BANGLADESH SHOULDN’T COUNT ON A FOSSIL FUEL FUTURE - IEEFA
Around US$50 billion of LNG projects in Asia at risk of cancellation
Two astonishing figures have circulated in the Asian energy sector in the ...
Wednesday, 03 February 21
INDONESIA TO EXPORT 395 MILLION TONS OF COAL IN 2021 - ESDM
Data from the Ministry of Energy and Mineral Resources shows that, Indonesia is planning to produce 550 million Ton of coal in 2021 and as of t ...
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- Indo Tambangraya Megah - Indonesia
- Bharathi Cement Corporation - India
- Kohat Cement Company Ltd. - Pakistan
- Uttam Galva Steels Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Price Waterhouse Coopers - Russia
- GMR Energy Limited - India
- Georgia Ports Authority, United States
- Gujarat Electricity Regulatory Commission - India
- Asmin Koalindo Tuhup - Indonesia
- Indian Energy Exchange, India
- Kartika Selabumi Mining - Indonesia
- IHS Mccloskey Coal Group - USA
- Global Green Power PLC Corporation, Philippines
- Standard Chartered Bank - UAE
- Bhushan Steel Limited - India
- Straits Asia Resources Limited - Singapore
- Aboitiz Power Corporation - Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Carbofer General Trading SA - India
- Marubeni Corporation - India
- Vizag Seaport Private Limited - India
- Semirara Mining and Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Karaikal Port Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Sindya Power Generating Company Private Ltd
- Cigading International Bulk Terminal - Indonesia
- Banpu Public Company Limited - Thailand
- Sarangani Energy Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Bank of Tokyo Mitsubishi UFJ Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- India Bulls Power Limited - India
- SMC Global Power, Philippines
- Planning Commission, India
- The State Trading Corporation of India Ltd
- Krishnapatnam Port Company Ltd. - India
- GN Power Mariveles Coal Plant, Philippines
- Chamber of Mines of South Africa
- Merrill Lynch Commodities Europe
- GVK Power & Infra Limited - India
- Jindal Steel & Power Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Mercator Lines Limited - India
- Coalindo Energy - Indonesia
- Madhucon Powers Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Kepco SPC Power Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Bhatia International Limited - India
- Australian Coal Association
- The Treasury - Australian Government
- Sical Logistics Limited - India
- MS Steel International - UAE
- Bukit Baiduri Energy - Indonesia
- Tata Chemicals Ltd - India
- Baramulti Group, Indonesia
- Miang Besar Coal Terminal - Indonesia
- Semirara Mining Corp, Philippines
- Electricity Generating Authority of Thailand
- Star Paper Mills Limited - India
- Maheswari Brothers Coal Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Independent Power Producers Association of India
- Latin American Coal - Colombia
- London Commodity Brokers - England
- Pendopo Energi Batubara - Indonesia
- Global Coal Blending Company Limited - Australia
- Kaltim Prima Coal - Indonesia
- Ministry of Mines - Canada
- New Zealand Coal & Carbon
- Singapore Mercantile Exchange
- Alfred C Toepfer International GmbH - Germany
- TeaM Sual Corporation - Philippines
- Meralco Power Generation, Philippines
- Gujarat Sidhee Cement - India
- Sojitz Corporation - Japan
- Sinarmas Energy and Mining - Indonesia
- Salva Resources Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- PTC India Limited - India
- Indonesian Coal Mining Association
- Directorate General of MIneral and Coal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- PowerSource Philippines DevCo
- Power Finance Corporation Ltd., India
- Sree Jayajothi Cements Limited - India
- Sakthi Sugars Limited - India
- Jaiprakash Power Ventures ltd
- Savvy Resources Ltd - HongKong
- Kobexindo Tractors - Indoneisa
- Economic Council, Georgia
- Larsen & Toubro Limited - India
- Rashtriya Ispat Nigam Limited - India
- Antam Resourcindo - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Anglo American - United Kingdom
- Ind-Barath Power Infra Limited - India
- McConnell Dowell - Australia
- Aditya Birla Group - India
- Essar Steel Hazira Ltd - India
- Mintek Dendrill Indonesia
- Heidelberg Cement - Germany
- Timah Investasi Mineral - Indoneisa
- Malabar Cements Ltd - India
- Orica Mining Services - Indonesia
- Wood Mackenzie - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- San Jose City I Power Corp, Philippines
- Commonwealth Bank - Australia
- European Bulk Services B.V. - Netherlands
- Leighton Contractors Pty Ltd - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Borneo Indobara - Indonesia
- ICICI Bank Limited - India
- Rio Tinto Coal - Australia
- Thai Mozambique Logistica
- Indian Oil Corporation Limited
- Mercuria Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Videocon Industries ltd - India
- Wilmar Investment Holdings
- Ceylon Electricity Board - Sri Lanka
- Parliament of New Zealand
- Bayan Resources Tbk. - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- AsiaOL BioFuels Corp., Philippines
- Energy Development Corp, Philippines
- Renaissance Capital - South Africa
- Romanian Commodities Exchange
- White Energy Company Limited
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Tamil Nadu electricity Board
- Samtan Co., Ltd - South Korea
- Eastern Coal Council - USA
- Binh Thuan Hamico - Vietnam
- Cement Manufacturers Association - India
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Mineral Development Corp Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Grasim Industreis Ltd - India
- Simpson Spence & Young - Indonesia
- Orica Australia Pty. Ltd.
- Globalindo Alam Lestari - Indonesia
- Ambuja Cements Ltd - India
- Parry Sugars Refinery, India
- CNBM International Corporation - China
- Interocean Group of Companies - India
- Coal and Oil Company - UAE
- Deloitte Consulting - India
- The University of Queensland
- Coastal Gujarat Power Limited - India
- Bulk Trading Sa - Switzerland
- Edison Trading Spa - Italy
- LBH Netherlands Bv - Netherlands
- Medco Energi Mining Internasional
- Siam City Cement PLC, Thailand
- Directorate Of Revenue Intelligence - India
- Manunggal Multi Energi - Indonesia
- Xindia Steels Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Thiess Contractors Indonesia
- Siam City Cement - Thailand
- Toyota Tsusho Corporation, Japan
- Lanco Infratech Ltd - India
- Dalmia Cement Bharat India
- Iligan Light & Power Inc, Philippines
- Attock Cement Pakistan Limited
- Bukit Makmur.PT - Indonesia
- Trasteel International SA, Italy
- Indogreen Group - Indonesia
- Africa Commodities Group - South Africa
- Makarim & Taira - Indonesia
- Central Electricity Authority - India
- Agrawal Coal Company - India
- Petron Corporation, Philippines
- Indika Energy - Indonesia
- Ministry of Transport, Egypt
- PNOC Exploration Corporation - Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Riau Bara Harum - Indonesia
- IEA Clean Coal Centre - UK
- Kideco Jaya Agung - Indonesia
- Altura Mining Limited, Indonesia
- SMG Consultants - Indonesia
- SN Aboitiz Power Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Ministry of Finance - Indonesia
- Australian Commodity Traders Exchange
- PetroVietnam Power Coal Import and Supply Company
- Vedanta Resources Plc - India
- Holcim Trading Pte Ltd - Singapore
- Mjunction Services Limited - India
- Bhoruka Overseas - Indonesia
- Port Waratah Coal Services - Australia
- Global Business Power Corporation, Philippines
- Bangladesh Power Developement Board
- Eastern Energy - Thailand
- VISA Power Limited - India
- Goldman Sachs - Singapore
- Therma Luzon, Inc, Philippines
- Posco Energy - South Korea
- Kumho Petrochemical, South Korea
- Minerals Council of Australia
- Barasentosa Lestari - Indonesia
- ASAPP Information Group - India
- Meenaskhi Energy Private Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Energy Link Ltd, New Zealand
- Central Java Power - Indonesia
- Oldendorff Carriers - Singapore
- Electricity Authority, New Zealand
- Intertek Mineral Services - Indonesia
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