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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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Monday, 02 January 23
CHINA’S COAL CONSUMPTION TO PEAK BY 2035: REPORT - REUTERS
China’s primary energy consumption is likely to peak at nearly 6.03 billion tonnes of standard coal between 2030 and 2035, refining giant Chi ...
Thursday, 29 December 22
INDIA'S COAL DEMAND LIKELY TO PEAK BETWEEN 2030-2035: MINISTER - ANI
The demand for coal in India will continue and is likely to peak between 2030-2035, Union Minister of Coal, Mines, and Parliamentary Affairs Pralha ...
Thursday, 29 December 22
RIO TINTO AND PARTNERS COULD RECEIVE AS MUCH AS $450M IN GOVERNMENT COMPENSATION FOR COAL PRICE CAP - THE GUARDIAN
Compensation payments for the Gladstone power plant remain the sticking point in the federal government’s coal price cap compensation negotia ...
Wednesday, 28 December 22
MARKET INSIGHT - INTERMODAL
The United Nations Conference on Trade and Development (UNCTAD) published a Global Trade Update on December 13th highlighting that global trade wou ...
Thursday, 22 December 22
RUSSIAN OIL EXPORTS CRATER BY 54% IN THE FIRST FULL WEEK OF THE EU'S EMBARGO AMID A SHORTAGE OF TANKERS WILLING TO CARRY CARGOES - BUSINESS INSIDER
Since the European Union imposed its seaborne crude sanctions, Russian oil exports have tumbled by more than half, according to data compiled by Bl ...
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- Dalmia Cement Bharat India
- Bukit Baiduri Energy - Indonesia
- White Energy Company Limited
- Videocon Industries ltd - India
- GMR Energy Limited - India
- Economic Council, Georgia
- Central Java Power - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- CNBM International Corporation - China
- McConnell Dowell - Australia
- Rio Tinto Coal - Australia
- Sarangani Energy Corporation, Philippines
- Ambuja Cements Ltd - India
- Mercuria Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Ministry of Finance - Indonesia
- Price Waterhouse Coopers - Russia
- Directorate General of MIneral and Coal - Indonesia
- Directorate Of Revenue Intelligence - India
- Indogreen Group - Indonesia
- Medco Energi Mining Internasional
- Chamber of Mines of South Africa
- Makarim & Taira - Indonesia
- Barasentosa Lestari - Indonesia
- Agrawal Coal Company - India
- Siam City Cement PLC, Thailand
- LBH Netherlands Bv - Netherlands
- Electricity Generating Authority of Thailand
- Sree Jayajothi Cements Limited - India
- Singapore Mercantile Exchange
- Coal and Oil Company - UAE
- Renaissance Capital - South Africa
- Kumho Petrochemical, South Korea
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Africa Commodities Group - South Africa
- Kideco Jaya Agung - Indonesia
- Semirara Mining Corp, Philippines
- Oldendorff Carriers - Singapore
- Toyota Tsusho Corporation, Japan
- Global Coal Blending Company Limited - Australia
- Straits Asia Resources Limited - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Commonwealth Bank - Australia
- Romanian Commodities Exchange
- Miang Besar Coal Terminal - Indonesia
- Vedanta Resources Plc - India
- Altura Mining Limited, Indonesia
- ICICI Bank Limited - India
- Electricity Authority, New Zealand
- Port Waratah Coal Services - Australia
- Ind-Barath Power Infra Limited - India
- Cement Manufacturers Association - India
- Independent Power Producers Association of India
- Aboitiz Power Corporation - Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Indo Tambangraya Megah - Indonesia
- IEA Clean Coal Centre - UK
- Energy Development Corp, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Binh Thuan Hamico - Vietnam
- Thiess Contractors Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Interocean Group of Companies - India
- Karaikal Port Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Meenaskhi Energy Private Limited - India
- Merrill Lynch Commodities Europe
- Coastal Gujarat Power Limited - India
- Parry Sugars Refinery, India
- The State Trading Corporation of India Ltd
- Jindal Steel & Power Ltd - India
- Ministry of Mines - Canada
- Bhushan Steel Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sical Logistics Limited - India
- Holcim Trading Pte Ltd - Singapore
- Bharathi Cement Corporation - India
- Attock Cement Pakistan Limited
- Kobexindo Tractors - Indoneisa
- Orica Australia Pty. Ltd.
- PetroVietnam Power Coal Import and Supply Company
- Samtan Co., Ltd - South Korea
- Mintek Dendrill Indonesia
- Tata Chemicals Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Timah Investasi Mineral - Indoneisa
- Maheswari Brothers Coal Limited - India
- OPG Power Generation Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Wood Mackenzie - Singapore
- Therma Luzon, Inc, Philippines
- Star Paper Mills Limited - India
- Indonesian Coal Mining Association
- AsiaOL BioFuels Corp., Philippines
- Posco Energy - South Korea
- TeaM Sual Corporation - Philippines
- Malabar Cements Ltd - India
- Kartika Selabumi Mining - Indonesia
- International Coal Ventures Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Deloitte Consulting - India
- Gujarat Sidhee Cement - India
- Rashtriya Ispat Nigam Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- ASAPP Information Group - India
- Kohat Cement Company Ltd. - Pakistan
- Borneo Indobara - Indonesia
- Australian Coal Association
- CIMB Investment Bank - Malaysia
- Wilmar Investment Holdings
- The Treasury - Australian Government
- GAC Shipping (India) Pvt Ltd
- Bhoruka Overseas - Indonesia
- Bukit Makmur.PT - Indonesia
- VISA Power Limited - India
- Tamil Nadu electricity Board
- Global Green Power PLC Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Eastern Energy - Thailand
- Sakthi Sugars Limited - India
- Bangladesh Power Developement Board
- Sinarmas Energy and Mining - Indonesia
- Banpu Public Company Limited - Thailand
- Marubeni Corporation - India
- Coalindo Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Petrochimia International Co. Ltd.- Taiwan
- SMG Consultants - Indonesia
- Bulk Trading Sa - Switzerland
- Ceylon Electricity Board - Sri Lanka
- Kepco SPC Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Vijayanagar Sugar Pvt Ltd - India
- London Commodity Brokers - England
- GVK Power & Infra Limited - India
- Lanco Infratech Ltd - India
- Chettinad Cement Corporation Ltd - India
- Thai Mozambique Logistica
- Essar Steel Hazira Ltd - India
- Orica Mining Services - Indonesia
- PTC India Limited - India
- Formosa Plastics Group - Taiwan
- Salva Resources Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Goldman Sachs - Singapore
- Edison Trading Spa - Italy
- Global Business Power Corporation, Philippines
- Mercator Lines Limited - India
- Iligan Light & Power Inc, Philippines
- Indika Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Trasteel International SA, Italy
- Ministry of Transport, Egypt
- Energy Link Ltd, New Zealand
- Pendopo Energi Batubara - Indonesia
- MS Steel International - UAE
- Bhatia International Limited - India
- Riau Bara Harum - Indonesia
- Simpson Spence & Young - Indonesia
- Minerals Council of Australia
- Indian Oil Corporation Limited
- Krishnapatnam Port Company Ltd. - India
- Sojitz Corporation - Japan
- India Bulls Power Limited - India
- Xindia Steels Limited - India
- Savvy Resources Ltd - HongKong
- Latin American Coal - Colombia
- IHS Mccloskey Coal Group - USA
- SMC Global Power, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Petron Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Bukit Asam (Persero) Tbk - Indonesia
- Grasim Industreis Ltd - India
- Kaltim Prima Coal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Australian Commodity Traders Exchange
- Mjunction Services Limited - India
- Carbofer General Trading SA - India
- Bayan Resources Tbk. - Indonesia
- The University of Queensland
- Cigading International Bulk Terminal - Indonesia
- PowerSource Philippines DevCo
- Antam Resourcindo - Indonesia
- Heidelberg Cement - Germany
- Alfred C Toepfer International GmbH - Germany
- Pipit Mutiara Jaya. PT, Indonesia
- Aditya Birla Group - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Billiton Holdings Pty Ltd - Australia
- Planning Commission, India
- GN Power Mariveles Coal Plant, Philippines
- Standard Chartered Bank - UAE
- New Zealand Coal & Carbon
- Bank of Tokyo Mitsubishi UFJ Ltd
- Asmin Koalindo Tuhup - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Indian Energy Exchange, India
- Parliament of New Zealand
- Siam City Cement - Thailand
- San Jose City I Power Corp, Philippines
- European Bulk Services B.V. - Netherlands
- Madhucon Powers Ltd - India
- SN Aboitiz Power Inc, Philippines
- Central Electricity Authority - India
- Neyveli Lignite Corporation Ltd, - India
- Meralco Power Generation, Philippines
- Baramulti Group, Indonesia
- Metalloyd Limited - United Kingdom
- Eastern Coal Council - USA
- Power Finance Corporation Ltd., India
- Globalindo Alam Lestari - Indonesia
- Larsen & Toubro Limited - India
- Anglo American - United Kingdom
- Uttam Galva Steels Limited - India
- Georgia Ports Authority, United States
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