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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, 06 July 22
MARKET INSIGHT - INTERMODAL
Following the 3rd Decarbonizing Shipping Forum, held in Hamburg on June 2022, there has been a meaningful resurgence of discussions within the ship ...
Tuesday, 05 July 22
WHY ARE VLSFO PRICES SO HIGH, ESPECIALLY IN SINGAPORE? - STEVE CHRISTY, INTEGR8 FUELS
Tightness in products still trumps talks of recession
Last month we wrote about the fears of recession versus the tightness in product markets ...
Tuesday, 05 July 22
ADANI ENTERPRISES LOWEST BIDDER IN COAL INDIA'S IMPORT TENDER: REPORT - BUSINESS STANDARD
Coal India Ltd floated its first import tender on behalf of power companies, where Adani Enterprises Ltd came out to be the lowest bidder, a report ...
Tuesday, 05 July 22
CHINA POLICY KEY FOR IRON ORE OUTLOOK - ING
China’s covid lockdowns and recessionary risks hit iron ore
Iron ore prices have fallen significantly from their year-to-date high of US$ ...
Monday, 04 July 22
INDONESIAN COAL PRICE REFERENCE SLIGHTLY DOWN IN JULY
COALspot.com: Indonesian Coal Price Reference for July delivery drops 1.52 per cent month on month.
The Indonesian Coal Price Refere ...
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- ASAPP Information Group - India
- Mercuria Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Central Electricity Authority - India
- Baramulti Group, Indonesia
- Deloitte Consulting - India
- Africa Commodities Group - South Africa
- Singapore Mercantile Exchange
- Parry Sugars Refinery, India
- Thiess Contractors Indonesia
- Siam City Cement - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Parliament of New Zealand
- Chettinad Cement Corporation Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Petrochimia International Co. Ltd.- Taiwan
- Bukit Baiduri Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Miang Besar Coal Terminal - Indonesia
- Ind-Barath Power Infra Limited - India
- Coal and Oil Company - UAE
- Energy Development Corp, Philippines
- GVK Power & Infra Limited - India
- Bhoruka Overseas - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Eastern Energy - Thailand
- Altura Mining Limited, Indonesia
- Sree Jayajothi Cements Limited - India
- Energy Link Ltd, New Zealand
- Power Finance Corporation Ltd., India
- Ministry of Transport, Egypt
- Binh Thuan Hamico - Vietnam
- Global Business Power Corporation, Philippines
- Malabar Cements Ltd - India
- Samtan Co., Ltd - South Korea
- IEA Clean Coal Centre - UK
- Petron Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- London Commodity Brokers - England
- SN Aboitiz Power Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- CIMB Investment Bank - Malaysia
- Sinarmas Energy and Mining - Indonesia
- GAC Shipping (India) Pvt Ltd
- Larsen & Toubro Limited - India
- Uttam Galva Steels Limited - India
- Wood Mackenzie - Singapore
- Bhatia International Limited - India
- Merrill Lynch Commodities Europe
- Star Paper Mills Limited - India
- The Treasury - Australian Government
- Goldman Sachs - Singapore
- Medco Energi Mining Internasional
- Carbofer General Trading SA - India
- Videocon Industries ltd - India
- Jaiprakash Power Ventures ltd
- Bukit Makmur.PT - Indonesia
- Banpu Public Company Limited - Thailand
- Timah Investasi Mineral - Indoneisa
- Semirara Mining Corp, Philippines
- Makarim & Taira - Indonesia
- Sindya Power Generating Company Private Ltd
- Minerals Council of Australia
- Kapuas Tunggal Persada - Indonesia
- LBH Netherlands Bv - Netherlands
- Cement Manufacturers Association - India
- Directorate Of Revenue Intelligence - India
- Wilmar Investment Holdings
- Meenaskhi Energy Private Limited - India
- Sakthi Sugars Limited - India
- Marubeni Corporation - India
- Bahari Cakrawala Sebuku - Indonesia
- Semirara Mining and Power Corporation, Philippines
- The State Trading Corporation of India Ltd
- PowerSource Philippines DevCo
- Global Coal Blending Company Limited - Australia
- Neyveli Lignite Corporation Ltd, - India
- Barasentosa Lestari - Indonesia
- Kartika Selabumi Mining - Indonesia
- Kumho Petrochemical, South Korea
- Tamil Nadu electricity Board
- Kohat Cement Company Ltd. - Pakistan
- Aditya Birla Group - India
- Essar Steel Hazira Ltd - India
- Global Green Power PLC Corporation, Philippines
- Central Java Power - Indonesia
- Sarangani Energy Corporation, Philippines
- Indogreen Group - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Planning Commission, India
- Toyota Tsusho Corporation, Japan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indonesian Coal Mining Association
- Port Waratah Coal Services - Australia
- Heidelberg Cement - Germany
- Rio Tinto Coal - Australia
- Sojitz Corporation - Japan
- Simpson Spence & Young - Indonesia
- Kepco SPC Power Corporation, Philippines
- VISA Power Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Rashtriya Ispat Nigam Limited - India
- Vizag Seaport Private Limited - India
- Bangladesh Power Developement Board
- Electricity Authority, New Zealand
- Gujarat Electricity Regulatory Commission - India
- Commonwealth Bank - Australia
- India Bulls Power Limited - India
- Indian Oil Corporation Limited
- Karaikal Port Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- ICICI Bank Limited - India
- Meralco Power Generation, Philippines
- Standard Chartered Bank - UAE
- Alfred C Toepfer International GmbH - Germany
- Gujarat Mineral Development Corp Ltd - India
- European Bulk Services B.V. - Netherlands
- Savvy Resources Ltd - HongKong
- Riau Bara Harum - Indonesia
- Attock Cement Pakistan Limited
- TeaM Sual Corporation - Philippines
- Sical Logistics Limited - India
- Georgia Ports Authority, United States
- Asia Pacific Energy Resources Ventures Inc, Philippines
- SMG Consultants - Indonesia
- Iligan Light & Power Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Karbindo Abesyapradhi - Indoneisa
- SMC Global Power, Philippines
- Vedanta Resources Plc - India
- Thai Mozambique Logistica
- Lanco Infratech Ltd - India
- Indian Energy Exchange, India
- Formosa Plastics Group - Taiwan
- Australian Coal Association
- Gujarat Sidhee Cement - India
- Straits Asia Resources Limited - Singapore
- Price Waterhouse Coopers - Russia
- Eastern Coal Council - USA
- Grasim Industreis Ltd - India
- Dalmia Cement Bharat India
- South Luzon Thermal Energy Corporation
- Mjunction Services Limited - India
- Kaltim Prima Coal - Indonesia
- Bharathi Cement Corporation - India
- IHS Mccloskey Coal Group - USA
- Orica Mining Services - Indonesia
- Xindia Steels Limited - India
- Indo Tambangraya Megah - Indonesia
- Cigading International Bulk Terminal - Indonesia
- White Energy Company Limited
- Ministry of Finance - Indonesia
- Manunggal Multi Energi - Indonesia
- Mintek Dendrill Indonesia
- Pendopo Energi Batubara - Indonesia
- Renaissance Capital - South Africa
- Maheswari Brothers Coal Limited - India
- Coalindo Energy - Indonesia
- Therma Luzon, Inc, Philippines
- Trasteel International SA, Italy
- Tata Chemicals Ltd - India
- OPG Power Generation Pvt Ltd - India
- The University of Queensland
- Holcim Trading Pte Ltd - Singapore
- MS Steel International - UAE
- GMR Energy Limited - India
- Jindal Steel & Power Ltd - India
- Indika Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Economic Council, Georgia
- Australian Commodity Traders Exchange
- Krishnapatnam Port Company Ltd. - India
- Kideco Jaya Agung - Indonesia
- Romanian Commodities Exchange
- Ministry of Mines - Canada
- Antam Resourcindo - Indonesia
- Leighton Contractors Pty Ltd - Australia
- PNOC Exploration Corporation - Philippines
- Anglo American - United Kingdom
- International Coal Ventures Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- New Zealand Coal & Carbon
- Ceylon Electricity Board - Sri Lanka
- Aboitiz Power Corporation - Philippines
- Edison Trading Spa - Italy
- Jorong Barutama Greston.PT - Indonesia
- Borneo Indobara - Indonesia
- Independent Power Producers Association of India
- Siam City Cement PLC, Thailand
- Bhushan Steel Limited - India
- Coastal Gujarat Power Limited - India
- Bulk Trading Sa - Switzerland
- Ambuja Cements Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- PTC India Limited - India
- McConnell Dowell - Australia
- Oldendorff Carriers - Singapore
- Madhucon Powers Ltd - India
- Latin American Coal - Colombia
- Posco Energy - South Korea
- Asmin Koalindo Tuhup - Indonesia
- Mercator Lines Limited - India
- Orica Australia Pty. Ltd.
- Bayan Resources Tbk. - Indonesia
- Interocean Group of Companies - India
- Salva Resources Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- CNBM International Corporation - China
- Electricity Generating Authority of Thailand
- Kalimantan Lumbung Energi - Indonesia
- Chamber of Mines of South Africa
- Metalloyd Limited - United Kingdom
- Agrawal Coal Company - India
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