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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, 15 December 22
MARKET INSIGHT - INTERMODAL
While observing the ship repair market very close to the end of the year, we are confident that shipyards worldwide are entering a new era. The nex ...
Tuesday, 13 December 22
STRONG COAL PRICES SUPPORT ROBUST EARNINGS AT INDONESIAN COAL MINERS - FITCH RATINGS
Fitch Ratings expects cash flow generation at Indonesian coal miners to remain strong in 2023, based on its forecast for coal prices to remain high ...
Tuesday, 13 December 22
BIMCO CII CLAUSE FINALLY RELEASED: DOES IT MAKE ANY SENSE OF CCI? - WFW
WHAT IS CII?
The new International Maritime Organisation’s (“IMO’s”) Carbon Intensity Indicator (“CII”) cer ...
Tuesday, 13 December 22
COAL BASE RAMPS UP ENERGY SUPPLY FOR WINTER NEEDS - XINHUA
Inner Mongolia Autonomous Region, China’s leading coal production base, has kicked its production into high gear to meet heating needs as col ...
Tuesday, 13 December 22
AUSTRALIA TO CAP PRICES OF COAL, GAS TO DRIVE DOWN ENERGY BILLS - REUTERS
Australia will cap coal and gas prices for a year in a bid to shave utility bills for households and businesses hit by soaring costs because of the ...
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- Global Green Power PLC Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Baiduri Energy - Indonesia
- Bangladesh Power Developement Board
- Eastern Energy - Thailand
- Indian Oil Corporation Limited
- Altura Mining Limited, Indonesia
- Electricity Generating Authority of Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Mintek Dendrill Indonesia
- Parry Sugars Refinery, India
- Gujarat Sidhee Cement - India
- Formosa Plastics Group - Taiwan
- Grasim Industreis Ltd - India
- Tata Chemicals Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Uttam Galva Steels Limited - India
- Savvy Resources Ltd - HongKong
- Commonwealth Bank - Australia
- Simpson Spence & Young - Indonesia
- Minerals Council of Australia
- CIMB Investment Bank - Malaysia
- Sindya Power Generating Company Private Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Port Waratah Coal Services - Australia
- Chettinad Cement Corporation Ltd - India
- Sree Jayajothi Cements Limited - India
- Planning Commission, India
- Iligan Light & Power Inc, Philippines
- San Jose City I Power Corp, Philippines
- OPG Power Generation Pvt Ltd - India
- Trasteel International SA, Italy
- The State Trading Corporation of India Ltd
- Electricity Authority, New Zealand
- Bukit Asam (Persero) Tbk - Indonesia
- IEA Clean Coal Centre - UK
- Essar Steel Hazira Ltd - India
- Larsen & Toubro Limited - India
- The University of Queensland
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Interocean Group of Companies - India
- Lanco Infratech Ltd - India
- London Commodity Brokers - England
- Sarangani Energy Corporation, Philippines
- Bhushan Steel Limited - India
- Central Java Power - Indonesia
- GAC Shipping (India) Pvt Ltd
- GMR Energy Limited - India
- Posco Energy - South Korea
- Indian Energy Exchange, India
- Orica Australia Pty. Ltd.
- Heidelberg Cement - Germany
- Agrawal Coal Company - India
- LBH Netherlands Bv - Netherlands
- Australian Coal Association
- Cigading International Bulk Terminal - Indonesia
- Makarim & Taira - Indonesia
- PowerSource Philippines DevCo
- Globalindo Alam Lestari - Indonesia
- Medco Energi Mining Internasional
- Energy Development Corp, Philippines
- Siam City Cement PLC, Thailand
- Ind-Barath Power Infra Limited - India
- MS Steel International - UAE
- India Bulls Power Limited - India
- Ambuja Cements Ltd - India
- Aboitiz Power Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Therma Luzon, Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Intertek Mineral Services - Indonesia
- Eastern Coal Council - USA
- VISA Power Limited - India
- Meralco Power Generation, Philippines
- Manunggal Multi Energi - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Videocon Industries ltd - India
- Toyota Tsusho Corporation, Japan
- Merrill Lynch Commodities Europe
- Tamil Nadu electricity Board
- Petrochimia International Co. Ltd.- Taiwan
- Wood Mackenzie - Singapore
- Riau Bara Harum - Indonesia
- Renaissance Capital - South Africa
- Energy Link Ltd, New Zealand
- Kumho Petrochemical, South Korea
- Neyveli Lignite Corporation Ltd, - India
- Indo Tambangraya Megah - Indonesia
- European Bulk Services B.V. - Netherlands
- Ministry of Mines - Canada
- Wilmar Investment Holdings
- Ceylon Electricity Board - Sri Lanka
- Attock Cement Pakistan Limited
- Siam City Cement - Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Malabar Cements Ltd - India
- Baramulti Group, Indonesia
- Oldendorff Carriers - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Sical Logistics Limited - India
- Central Electricity Authority - India
- Bayan Resources Tbk. - Indonesia
- Kobexindo Tractors - Indoneisa
- PetroVietnam Power Coal Import and Supply Company
- ASAPP Information Group - India
- Vedanta Resources Plc - India
- Krishnapatnam Port Company Ltd. - India
- GVK Power & Infra Limited - India
- Indika Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Parliament of New Zealand
- Mercator Lines Limited - India
- Binh Thuan Hamico - Vietnam
- Thiess Contractors Indonesia
- Sojitz Corporation - Japan
- Goldman Sachs - Singapore
- Aditya Birla Group - India
- Sakthi Sugars Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Jaiprakash Power Ventures ltd
- Latin American Coal - Colombia
- SN Aboitiz Power Inc, Philippines
- Barasentosa Lestari - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Straits Asia Resources Limited - Singapore
- White Energy Company Limited
- Kideco Jaya Agung - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Mjunction Services Limited - India
- Anglo American - United Kingdom
- Rashtriya Ispat Nigam Limited - India
- Maheswari Brothers Coal Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Meenaskhi Energy Private Limited - India
- Carbofer General Trading SA - India
- Billiton Holdings Pty Ltd - Australia
- Bhoruka Overseas - Indonesia
- Vizag Seaport Private Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bank of Tokyo Mitsubishi UFJ Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- New Zealand Coal & Carbon
- Georgia Ports Authority, United States
- GN Power Mariveles Coal Plant, Philippines
- Metalloyd Limited - United Kingdom
- Kepco SPC Power Corporation, Philippines
- Bhatia International Limited - India
- Antam Resourcindo - Indonesia
- Economic Council, Georgia
- Marubeni Corporation - India
- TeaM Sual Corporation - Philippines
- Karbindo Abesyapradhi - Indoneisa
- Independent Power Producers Association of India
- IHS Mccloskey Coal Group - USA
- Semirara Mining Corp, Philippines
- Petron Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Indogreen Group - Indonesia
- Romanian Commodities Exchange
- South Luzon Thermal Energy Corporation
- McConnell Dowell - Australia
- Deloitte Consulting - India
- Directorate Of Revenue Intelligence - India
- AsiaOL BioFuels Corp., Philippines
- Bukit Makmur.PT - Indonesia
- Orica Mining Services - Indonesia
- ICICI Bank Limited - India
- Salva Resources Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Ministry of Finance - Indonesia
- Mercuria Energy - Indonesia
- Samtan Co., Ltd - South Korea
- PTC India Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Asmin Koalindo Tuhup - Indonesia
- SMC Global Power, Philippines
- Dalmia Cement Bharat India
- The Treasury - Australian Government
- Coalindo Energy - Indonesia
- Madhucon Powers Ltd - India
- Price Waterhouse Coopers - Russia
- Rio Tinto Coal - Australia
- Borneo Indobara - Indonesia
- Banpu Public Company Limited - Thailand
- Australian Commodity Traders Exchange
- Chamber of Mines of South Africa
- Singapore Mercantile Exchange
- Star Paper Mills Limited - India
- Kapuas Tunggal Persada - Indonesia
- Coal and Oil Company - UAE
- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Electricity Regulatory Commission - India
- PNOC Exploration Corporation - Philippines
- Standard Chartered Bank - UAE
- Thai Mozambique Logistica
- Global Coal Blending Company Limited - Australia
- Pendopo Energi Batubara - Indonesia
- Ministry of Transport, Egypt
- Bharathi Cement Corporation - India
- Xindia Steels Limited - India
- Kaltim Prima Coal - Indonesia
- SMG Consultants - Indonesia
- CNBM International Corporation - China
- Edison Trading Spa - Italy
- Kalimantan Lumbung Energi - Indonesia
- Indonesian Coal Mining Association
- Jindal Steel & Power Ltd - India
- Cement Manufacturers Association - India
- Africa Commodities Group - South Africa
- Alfred C Toepfer International GmbH - Germany
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