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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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Sunday, 02 October 22
MISC STRENGTHENS ITS PARTNERSHIP WITH SEARIVER MARITIME
MISC Berhad (MISC) today announced that its subsidiaries Polaris LNG Three Pte. Ltd. and Polaris LNG Four Pte. Ltd. have secured long-term time cha ...
Thursday, 29 September 22
MARKET INSIGHT - INTERMODAL
This week, focus turns to the 38th APPEC Conference, where leading professionals from the global oil industry will discuss the future key drivers o ...
Thursday, 29 September 22
HIGH COAL PRICES REMAIN A CONCERN FOR DOMESTIC NON-FERROUS METAL COMPANIES - ICRA
According to ICRA on Monday, the high price of coal will have a negative effect on the profitability of domestic non-ferrous metal companies that m ...
Tuesday, 27 September 22
14% INCREASE IN EUROPEAN COAL DEMAND TO BE SHORT-TERM TREND - WOOD MACKENZIE
European seaborne thermal coal demand is projected to increase 14% or 12 million metric tonnes (Mt) this year to 98 Mt as it grapples with the curr ...
Friday, 23 September 22
CHINA DIGS DEEP TO RAISE COAL OUTPUT TO RECORD HIGH - REUTERS
China’s coal production has surged this year as the government seeks to improve energy security by reducing dependence on imports and amassin ...
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- CNBM International Corporation - China
- Power Finance Corporation Ltd., India
- CIMB Investment Bank - Malaysia
- TNB Fuel Sdn Bhd - Malaysia
- AsiaOL BioFuels Corp., Philippines
- European Bulk Services B.V. - Netherlands
- Lanco Infratech Ltd - India
- Edison Trading Spa - Italy
- Sindya Power Generating Company Private Ltd
- Malabar Cements Ltd - India
- Mercuria Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Straits Asia Resources Limited - Singapore
- Sinarmas Energy and Mining - Indonesia
- Kumho Petrochemical, South Korea
- IHS Mccloskey Coal Group - USA
- Uttam Galva Steels Limited - India
- Barasentosa Lestari - Indonesia
- Simpson Spence & Young - Indonesia
- Semirara Mining Corp, Philippines
- Electricity Generating Authority of Thailand
- India Bulls Power Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Bharathi Cement Corporation - India
- Therma Luzon, Inc, Philippines
- Kideco Jaya Agung - Indonesia
- Indogreen Group - Indonesia
- Energy Development Corp, Philippines
- Sree Jayajothi Cements Limited - India
- Global Business Power Corporation, Philippines
- Vedanta Resources Plc - India
- Miang Besar Coal Terminal - Indonesia
- ICICI Bank Limited - India
- Agrawal Coal Company - India
- Thai Mozambique Logistica
- Jaiprakash Power Ventures ltd
- Billiton Holdings Pty Ltd - Australia
- Renaissance Capital - South Africa
- Bhushan Steel Limited - India
- Global Green Power PLC Corporation, Philippines
- VISA Power Limited - India
- Mjunction Services Limited - India
- Krishnapatnam Port Company Ltd. - India
- Gujarat Mineral Development Corp Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Medco Energi Mining Internasional
- Directorate General of MIneral and Coal - Indonesia
- Grasim Industreis Ltd - India
- Australian Coal Association
- Bhatia International Limited - India
- McConnell Dowell - Australia
- Central Java Power - Indonesia
- Manunggal Multi Energi - Indonesia
- Coalindo Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Kobexindo Tractors - Indoneisa
- Alfred C Toepfer International GmbH - Germany
- Aboitiz Power Corporation - Philippines
- New Zealand Coal & Carbon
- Australian Commodity Traders Exchange
- Jorong Barutama Greston.PT - Indonesia
- Sojitz Corporation - Japan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Binh Thuan Hamico - Vietnam
- Timah Investasi Mineral - Indoneisa
- Independent Power Producers Association of India
- Bank of Tokyo Mitsubishi UFJ Ltd
- GMR Energy Limited - India
- SN Aboitiz Power Inc, Philippines
- Latin American Coal - Colombia
- SMG Consultants - Indonesia
- Indo Tambangraya Megah - Indonesia
- Kepco SPC Power Corporation, Philippines
- IEA Clean Coal Centre - UK
- Kalimantan Lumbung Energi - Indonesia
- PTC India Limited - India
- Jindal Steel & Power Ltd - India
- Formosa Plastics Group - Taiwan
- The State Trading Corporation of India Ltd
- Heidelberg Cement - Germany
- Bukit Baiduri Energy - Indonesia
- Vizag Seaport Private Limited - India
- Kapuas Tunggal Persada - Indonesia
- Gujarat Sidhee Cement - India
- Riau Bara Harum - Indonesia
- Pendopo Energi Batubara - Indonesia
- The University of Queensland
- Romanian Commodities Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Orica Australia Pty. Ltd.
- Directorate Of Revenue Intelligence - India
- TeaM Sual Corporation - Philippines
- Neyveli Lignite Corporation Ltd, - India
- Kohat Cement Company Ltd. - Pakistan
- Merrill Lynch Commodities Europe
- Standard Chartered Bank - UAE
- Ind-Barath Power Infra Limited - India
- Central Electricity Authority - India
- Thiess Contractors Indonesia
- Anglo American - United Kingdom
- Star Paper Mills Limited - India
- Rio Tinto Coal - Australia
- Port Waratah Coal Services - Australia
- Siam City Cement - Thailand
- Ministry of Mines - Canada
- PNOC Exploration Corporation - Philippines
- Trasteel International SA, Italy
- Wilmar Investment Holdings
- Videocon Industries ltd - India
- Ministry of Finance - Indonesia
- Indian Oil Corporation Limited
- Electricity Authority, New Zealand
- Rashtriya Ispat Nigam Limited - India
- Tamil Nadu electricity Board
- International Coal Ventures Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Iligan Light & Power Inc, Philippines
- Larsen & Toubro Limited - India
- Bulk Trading Sa - Switzerland
- MS Steel International - UAE
- Sakthi Sugars Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Indian Energy Exchange, India
- Indonesian Coal Mining Association
- Parry Sugars Refinery, India
- Kartika Selabumi Mining - Indonesia
- Minerals Council of Australia
- Attock Cement Pakistan Limited
- Orica Mining Services - Indonesia
- Eastern Energy - Thailand
- Essar Steel Hazira Ltd - India
- Indika Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Mintek Dendrill Indonesia
- Economic Council, Georgia
- Goldman Sachs - Singapore
- Borneo Indobara - Indonesia
- Marubeni Corporation - India
- Madhucon Powers Ltd - India
- Eastern Coal Council - USA
- Petron Corporation, Philippines
- Georgia Ports Authority, United States
- Samtan Co., Ltd - South Korea
- Coastal Gujarat Power Limited - India
- PowerSource Philippines DevCo
- LBH Netherlands Bv - Netherlands
- Carbofer General Trading SA - India
- Kaltim Prima Coal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- GAC Shipping (India) Pvt Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Chamber of Mines of South Africa
- Ceylon Electricity Board - Sri Lanka
- Xindia Steels Limited - India
- Semirara Mining and Power Corporation, Philippines
- Sical Logistics Limited - India
- Energy Link Ltd, New Zealand
- Gujarat Electricity Regulatory Commission - India
- Interocean Group of Companies - India
- Cement Manufacturers Association - India
- Globalindo Alam Lestari - Indonesia
- Dalmia Cement Bharat India
- Bukit Makmur.PT - Indonesia
- Savvy Resources Ltd - HongKong
- SMC Global Power, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Antam Resourcindo - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Singapore Mercantile Exchange
- Holcim Trading Pte Ltd - Singapore
- Leighton Contractors Pty Ltd - Australia
- OPG Power Generation Pvt Ltd - India
- Planning Commission, India
- Bhoruka Overseas - Indonesia
- Makarim & Taira - Indonesia
- Commonwealth Bank - Australia
- Coal and Oil Company - UAE
- Baramulti Group, Indonesia
- GVK Power & Infra Limited - India
- London Commodity Brokers - England
- Intertek Mineral Services - Indonesia
- Oldendorff Carriers - Singapore
- South Luzon Thermal Energy Corporation
- Vijayanagar Sugar Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Salva Resources Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Global Coal Blending Company Limited - Australia
- GN Power Mariveles Coal Plant, Philippines
- Wood Mackenzie - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- The Treasury - Australian Government
- Karaikal Port Pvt Ltd - India
- Ambuja Cements Ltd - India
- Meralco Power Generation, Philippines
- Ministry of Transport, Egypt
- Aditya Birla Group - India
- Parliament of New Zealand
- Metalloyd Limited - United Kingdom
- Bangladesh Power Developement Board
- Mercator Lines Limited - India
- Banpu Public Company Limited - Thailand
- Sarangani Energy Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Deloitte Consulting - India
- Tata Chemicals Ltd - India
- Price Waterhouse Coopers - Russia
- ASAPP Information Group - India
- Posco Energy - South Korea
- Toyota Tsusho Corporation, Japan
- Africa Commodities Group - South Africa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Siam City Cement PLC, Thailand
- White Energy Company Limited
- Maharashtra Electricity Regulatory Commission - India
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