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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, 26 May 22
MARKET INSIGHT - INTERMODAL
The newbuilding market activity has been significantly positive from a dry bulk owner perspective during the first half of 2022. Indeed, the contra ...
Wednesday, 18 May 22
INDONESIAN COAL PRICE REFERENCE DROPPED 4.42% IN MAY
COALspot.com: Indonesian Coal Price Reference for May delivery drops 4.42 per cent month on month.
The Indonesian Coal Price Referen ...
Thursday, 12 May 22
MARKET INSIGHT - INTERMODAL
Almost through half of the year, the overall shipping market continues to show signs of healthiness, after plenty of festivities and holidays that ...
Wednesday, 27 April 22
EUROPEAN UNION'S LNG IMPORTS - BANCHERO COSTA
In 2021, the European Union (27) was the third largest seaborne importer of LNG in the world, with a 15.8% share.
It followed Mainla ...
Tuesday, 26 April 22
CHINA'S APPETITE FOR BAUXITE HITS NEW RECORD AS Q1 IMPORTS JUMP 15.4% Y/Y - BIMCO
Bauxite shipments arriving in China hit new record levels in the first quarter of 2022 and grew at an average annual rate of 12.8% between 2017 and ...
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- Goldman Sachs - Singapore
- Makarim & Taira - Indonesia
- Rio Tinto Coal - Australia
- Eastern Energy - Thailand
- Chamber of Mines of South Africa
- International Coal Ventures Pvt Ltd - India
- Deloitte Consulting - India
- VISA Power Limited - India
- Sindya Power Generating Company Private Ltd
- Price Waterhouse Coopers - Russia
- Straits Asia Resources Limited - Singapore
- GVK Power & Infra Limited - India
- Sarangani Energy Corporation, Philippines
- Carbofer General Trading SA - India
- Maheswari Brothers Coal Limited - India
- Mintek Dendrill Indonesia
- Vedanta Resources Plc - India
- Leighton Contractors Pty Ltd - Australia
- Dalmia Cement Bharat India
- Xindia Steels Limited - India
- Sical Logistics Limited - India
- Energy Link Ltd, New Zealand
- Ministry of Mines - Canada
- Merrill Lynch Commodities Europe
- Electricity Generating Authority of Thailand
- Lanco Infratech Ltd - India
- Central Java Power - Indonesia
- Bayan Resources Tbk. - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Altura Mining Limited, Indonesia
- Oldendorff Carriers - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Cigading International Bulk Terminal - Indonesia
- Metalloyd Limited - United Kingdom
- Coal and Oil Company - UAE
- Kapuas Tunggal Persada - Indonesia
- India Bulls Power Limited - India
- Binh Thuan Hamico - Vietnam
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Samtan Co., Ltd - South Korea
- Marubeni Corporation - India
- Africa Commodities Group - South Africa
- Grasim Industreis Ltd - India
- Commonwealth Bank - Australia
- Ministry of Finance - Indonesia
- Indika Energy - Indonesia
- Bangladesh Power Developement Board
- Barasentosa Lestari - Indonesia
- Riau Bara Harum - Indonesia
- Parry Sugars Refinery, India
- European Bulk Services B.V. - Netherlands
- SMC Global Power, Philippines
- Miang Besar Coal Terminal - Indonesia
- White Energy Company Limited
- McConnell Dowell - Australia
- Vizag Seaport Private Limited - India
- Bukit Baiduri Energy - Indonesia
- The Treasury - Australian Government
- Ind-Barath Power Infra Limited - India
- Billiton Holdings Pty Ltd - Australia
- Banpu Public Company Limited - Thailand
- Karbindo Abesyapradhi - Indoneisa
- Intertek Mineral Services - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- ICICI Bank Limited - India
- TeaM Sual Corporation - Philippines
- Aditya Birla Group - India
- Singapore Mercantile Exchange
- Sinarmas Energy and Mining - Indonesia
- IEA Clean Coal Centre - UK
- Australian Coal Association
- Kobexindo Tractors - Indoneisa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PTC India Limited - India
- Attock Cement Pakistan Limited
- Directorate General of MIneral and Coal - Indonesia
- Star Paper Mills Limited - India
- Meralco Power Generation, Philippines
- Kaltim Prima Coal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- IHS Mccloskey Coal Group - USA
- Gujarat Sidhee Cement - India
- Chettinad Cement Corporation Ltd - India
- Jindal Steel & Power Ltd - India
- SN Aboitiz Power Inc, Philippines
- GMR Energy Limited - India
- Kohat Cement Company Ltd. - Pakistan
- PowerSource Philippines DevCo
- Sree Jayajothi Cements Limited - India
- Globalindo Alam Lestari - Indonesia
- Indogreen Group - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Mercuria Energy - Indonesia
- Indonesian Coal Mining Association
- Wilmar Investment Holdings
- Sakthi Sugars Limited - India
- Salva Resources Pvt Ltd - India
- Independent Power Producers Association of India
- Tata Chemicals Ltd - India
- Mjunction Services Limited - India
- Meenaskhi Energy Private Limited - India
- Anglo American - United Kingdom
- Minerals Council of Australia
- Ministry of Transport, Egypt
- Therma Luzon, Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Petron Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Energy Development Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Bhatia International Limited - India
- Siam City Cement - Thailand
- Tamil Nadu electricity Board
- Posco Energy - South Korea
- Thai Mozambique Logistica
- AsiaOL BioFuels Corp., Philippines
- Bhushan Steel Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Central Electricity Authority - India
- Ambuja Cements Ltd - India
- Coastal Gujarat Power Limited - India
- Bulk Trading Sa - Switzerland
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Kepco SPC Power Corporation, Philippines
- Coalindo Energy - Indonesia
- Thiess Contractors Indonesia
- Heidelberg Cement - Germany
- Planning Commission, India
- CIMB Investment Bank - Malaysia
- Edison Trading Spa - Italy
- Bhoruka Overseas - Indonesia
- Borneo Indobara - Indonesia
- Sojitz Corporation - Japan
- Indo Tambangraya Megah - Indonesia
- London Commodity Brokers - England
- PNOC Exploration Corporation - Philippines
- Directorate Of Revenue Intelligence - India
- Renaissance Capital - South Africa
- Georgia Ports Authority, United States
- Jaiprakash Power Ventures ltd
- Electricity Authority, New Zealand
- Rashtriya Ispat Nigam Limited - India
- Videocon Industries ltd - India
- Trasteel International SA, Italy
- The State Trading Corporation of India Ltd
- Parliament of New Zealand
- Cement Manufacturers Association - India
- Krishnapatnam Port Company Ltd. - India
- Alfred C Toepfer International GmbH - Germany
- Maharashtra Electricity Regulatory Commission - India
- Bahari Cakrawala Sebuku - Indonesia
- Manunggal Multi Energi - Indonesia
- Savvy Resources Ltd - HongKong
- Wood Mackenzie - Singapore
- Global Business Power Corporation, Philippines
- Australian Commodity Traders Exchange
- The University of Queensland
- SMG Consultants - Indonesia
- Power Finance Corporation Ltd., India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Orica Australia Pty. Ltd.
- Bukit Makmur.PT - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Karaikal Port Pvt Ltd - India
- Romanian Commodities Exchange
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Interocean Group of Companies - India
- GN Power Mariveles Coal Plant, Philippines
- Siam City Cement PLC, Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Antam Resourcindo - Indonesia
- Kumho Petrochemical, South Korea
- San Jose City I Power Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- New Zealand Coal & Carbon
- Standard Chartered Bank - UAE
- OPG Power Generation Pvt Ltd - India
- Madhucon Powers Ltd - India
- Formosa Plastics Group - Taiwan
- MS Steel International - UAE
- ASAPP Information Group - India
- Eastern Coal Council - USA
- Jorong Barutama Greston.PT - Indonesia
- Larsen & Toubro Limited - India
- Aboitiz Power Corporation - Philippines
- Toyota Tsusho Corporation, Japan
- Malabar Cements Ltd - India
- Medco Energi Mining Internasional
- Indian Energy Exchange, India
- Global Coal Blending Company Limited - Australia
- South Luzon Thermal Energy Corporation
- Kideco Jaya Agung - Indonesia
- Timah Investasi Mineral - Indoneisa
- Uttam Galva Steels Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Global Green Power PLC Corporation, Philippines
- Latin American Coal - Colombia
- LBH Netherlands Bv - Netherlands
- Bharathi Cement Corporation - India
- Semirara Mining Corp, Philippines
- CNBM International Corporation - China
- GAC Shipping (India) Pvt Ltd
- Orica Mining Services - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Port Waratah Coal Services - Australia
- Economic Council, Georgia
- Baramulti Group, Indonesia
- Iligan Light & Power Inc, Philippines
- Simpson Spence & Young - Indonesia
- Kartika Selabumi Mining - Indonesia
- Indian Oil Corporation Limited
- Agrawal Coal Company - India
- Mercator Lines Limited - India
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