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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, 17 August 22
PAXOCEAN, HONG LAM MARINE AND BUREAU VERITAS SIGN MOU TO DEVELOP AMMONIA BUNKER VESSEL DESIGN - BUREAU VERITAS
PaxOcean Engineering Pte. Ltd. has signed a Memorandum of Understanding (MOU) with Singapore-based bunker vessel operator Hong Lam Marine and class ...
Wednesday, 17 August 22
GOODFUELSS ASIA-PACIFIC BRANCH KICKSTARTS SUSTAINABLE BIOFUEL DELIVERIES WITH NYK AS FIRST CLIENT - GOOD FUELS
GoodFuels, the leading biofuels pioneer for the global transport industry, has today announced that it has successfully supplied sustainable marine ...
Tuesday, 16 August 22
EU BAN ON RUSSIAN COAL IMPORTS COMES INTO FORCE - DEUTSCHE WELLE
The European Union banned Russian coal imports in response to the invasion of Ukraine as part of sanctions in April. Since then, it’s been sc ...
Thursday, 11 August 22
MARKET INSIGHT - INTERMODAL
On July 22nd, Ukraine signed a deal with Russia to release 22mn tons of grain from Ukraine’s 3 major ports (Yuzhny, Chornomorsk, Odesa). Such ...
Wednesday, 10 August 22
THE FUTURE OF COAL: EIGHT KEY THEMES FROM THE GLOBAL COAL FORUM - WOOD MACKENZIE
Coal investors face a multi-layered and unavoidable challenge: markets distorted by war, trade constraints and the existential threat of the energy ...
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- Global Business Power Corporation, Philippines
- MS Steel International - UAE
- Tamil Nadu electricity Board
- Orica Australia Pty. Ltd.
- Samtan Co., Ltd - South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- Baramulti Group, Indonesia
- Mercator Lines Limited - India
- Bhatia International Limited - India
- OPG Power Generation Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Economic Council, Georgia
- Siam City Cement - Thailand
- SN Aboitiz Power Inc, Philippines
- Madhucon Powers Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Parliament of New Zealand
- Bukit Baiduri Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indogreen Group - Indonesia
- Sree Jayajothi Cements Limited - India
- New Zealand Coal & Carbon
- Mintek Dendrill Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Minerals Council of Australia
- Savvy Resources Ltd - HongKong
- Thai Mozambique Logistica
- Global Green Power PLC Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Leighton Contractors Pty Ltd - Australia
- Karaikal Port Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Bayan Resources Tbk. - Indonesia
- Jindal Steel & Power Ltd - India
- Renaissance Capital - South Africa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dalmia Cement Bharat India
- PNOC Exploration Corporation - Philippines
- Cigading International Bulk Terminal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- Edison Trading Spa - Italy
- Pendopo Energi Batubara - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Iligan Light & Power Inc, Philippines
- Videocon Industries ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Thiess Contractors Indonesia
- Grasim Industreis Ltd - India
- London Commodity Brokers - England
- Kepco SPC Power Corporation, Philippines
- The Treasury - Australian Government
- Petrochimia International Co. Ltd.- Taiwan
- Electricity Generating Authority of Thailand
- PTC India Limited - India
- GMR Energy Limited - India
- Ministry of Finance - Indonesia
- Simpson Spence & Young - Indonesia
- Trasteel International SA, Italy
- Tata Chemicals Ltd - India
- Essar Steel Hazira Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Independent Power Producers Association of India
- Chettinad Cement Corporation Ltd - India
- Siam City Cement PLC, Thailand
- Parry Sugars Refinery, India
- Ministry of Transport, Egypt
- Gujarat Sidhee Cement - India
- ASAPP Information Group - India
- Altura Mining Limited, Indonesia
- Alfred C Toepfer International GmbH - Germany
- Semirara Mining Corp, Philippines
- Petron Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- GVK Power & Infra Limited - India
- Indo Tambangraya Megah - Indonesia
- Sindya Power Generating Company Private Ltd
- Maharashtra Electricity Regulatory Commission - India
- Romanian Commodities Exchange
- Eastern Energy - Thailand
- Xindia Steels Limited - India
- Oldendorff Carriers - Singapore
- Therma Luzon, Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Wood Mackenzie - Singapore
- Agrawal Coal Company - India
- Meralco Power Generation, Philippines
- Global Coal Blending Company Limited - Australia
- Central Java Power - Indonesia
- Orica Mining Services - Indonesia
- Timah Investasi Mineral - Indoneisa
- Uttam Galva Steels Limited - India
- Interocean Group of Companies - India
- Star Paper Mills Limited - India
- Sojitz Corporation - Japan
- Toyota Tsusho Corporation, Japan
- Medco Energi Mining Internasional
- Bharathi Cement Corporation - India
- Lanco Infratech Ltd - India
- Sical Logistics Limited - India
- Borneo Indobara - Indonesia
- LBH Netherlands Bv - Netherlands
- Sakthi Sugars Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Ambuja Cements Ltd - India
- Indonesian Coal Mining Association
- GAC Shipping (India) Pvt Ltd
- Ind-Barath Power Infra Limited - India
- San Jose City I Power Corp, Philippines
- Power Finance Corporation Ltd., India
- AsiaOL BioFuels Corp., Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Merrill Lynch Commodities Europe
- GN Power Mariveles Coal Plant, Philippines
- Bulk Trading Sa - Switzerland
- Chamber of Mines of South Africa
- Wilmar Investment Holdings
- Energy Development Corp, Philippines
- Posco Energy - South Korea
- McConnell Dowell - Australia
- South Luzon Thermal Energy Corporation
- Deloitte Consulting - India
- Carbofer General Trading SA - India
- Bangladesh Power Developement Board
- SMC Global Power, Philippines
- Miang Besar Coal Terminal - Indonesia
- Kumho Petrochemical, South Korea
- Singapore Mercantile Exchange
- Bhushan Steel Limited - India
- Coastal Gujarat Power Limited - India
- Price Waterhouse Coopers - Russia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Port Waratah Coal Services - Australia
- Holcim Trading Pte Ltd - Singapore
- Mjunction Services Limited - India
- Riau Bara Harum - Indonesia
- IHS Mccloskey Coal Group - USA
- Ministry of Mines - Canada
- Barasentosa Lestari - Indonesia
- PowerSource Philippines DevCo
- Vijayanagar Sugar Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Cement Manufacturers Association - India
- Vedanta Resources Plc - India
- Neyveli Lignite Corporation Ltd, - India
- Australian Coal Association
- Bukit Makmur.PT - Indonesia
- ICICI Bank Limited - India
- Intertek Mineral Services - Indonesia
- Coal and Oil Company - UAE
- Asmin Koalindo Tuhup - Indonesia
- Commonwealth Bank - Australia
- Mercuria Energy - Indonesia
- Marubeni Corporation - India
- TeaM Sual Corporation - Philippines
- Rio Tinto Coal - Australia
- Rashtriya Ispat Nigam Limited - India
- CNBM International Corporation - China
- Bhoruka Overseas - Indonesia
- Latin American Coal - Colombia
- Kaltim Prima Coal - Indonesia
- Australian Commodity Traders Exchange
- Sarangani Energy Corporation, Philippines
- Standard Chartered Bank - UAE
- Maheswari Brothers Coal Limited - India
- Indika Energy - Indonesia
- Malabar Cements Ltd - India
- Larsen & Toubro Limited - India
- Coalindo Energy - Indonesia
- India Bulls Power Limited - India
- Anglo American - United Kingdom
- White Energy Company Limited
- Directorate Of Revenue Intelligence - India
- Aboitiz Power Corporation - Philippines
- Heidelberg Cement - Germany
- Indian Energy Exchange, India
- Jaiprakash Power Ventures ltd
- Makarim & Taira - Indonesia
- The University of Queensland
- Binh Thuan Hamico - Vietnam
- Africa Commodities Group - South Africa
- Kideco Jaya Agung - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Kalimantan Lumbung Energi - Indonesia
- SMG Consultants - Indonesia
- Meenaskhi Energy Private Limited - India
- Formosa Plastics Group - Taiwan
- Karbindo Abesyapradhi - Indoneisa
- Bahari Cakrawala Sebuku - Indonesia
- Electricity Authority, New Zealand
- Georgia Ports Authority, United States
- The State Trading Corporation of India Ltd
- Central Electricity Authority - India
- Globalindo Alam Lestari - Indonesia
- Kartika Selabumi Mining - Indonesia
- VISA Power Limited - India
- Semirara Mining and Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Eastern Coal Council - USA
- Aditya Birla Group - India
- Kobexindo Tractors - Indoneisa
- Antam Resourcindo - Indonesia
- Indian Oil Corporation Limited
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Planning Commission, India
- Bukit Asam (Persero) Tbk - Indonesia
- CIMB Investment Bank - Malaysia
- Goldman Sachs - Singapore
- Straits Asia Resources Limited - Singapore
- Manunggal Multi Energi - Indonesia
- Energy Link Ltd, New Zealand
- Attock Cement Pakistan Limited
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