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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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Monday, 21 March 22
A FORCE MAJEURE TO BE RECKONED WITH - BALTIC EXCHANGE
Sanctions cause payment confusion
This dispute in MUR Shipping BV v. RTI Ltd [2022] EWHC 467 (Comm) related to an owner’s purported exercis ...
Monday, 21 March 22
CHINA'S COAL OUTPUT UP 10.3 PCT IN FIRST TWO MONTHS - XINHUA
China’s raw coal output posted fast growth in the first two months of 2022, while coal imports continued to shrink, official data showed.
...
Tuesday, 15 March 22
INDUSTRY VETERANS & ORGANIZATIONS HONOURED WITH THE PRESTIGIOUS SHIPTEK INTERNATIONAL AWARDS 2022
Press Release: The 15th edition of the prestigious ShipTek International Conference & Awards 2022 concluded successfully from March 7th - 8th 2 ...
Tuesday, 15 March 22
CHINA'S COAL OUTPUT GROWS TO STABILIZE MARKET SUPPLY - XINHUA
China’s coal market has seen growth in output since late February amid the country’s efforts to stabilize production and ensure supply, ...
Tuesday, 08 March 22
RUSSIA-UKRAINE CONFLICT ADDS IMPETUS TO ASIA'S ENERGY TRANSITION - IEEFA
Clean energy alternatives are a crucial hedge against future disruptions in global commodity markets
Russia’s invasion of Ukra ...
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- Neyveli Lignite Corporation Ltd, - India
- Maheswari Brothers Coal Limited - India
- New Zealand Coal & Carbon
- Bhushan Steel Limited - India
- Renaissance Capital - South Africa
- The State Trading Corporation of India Ltd
- Wood Mackenzie - Singapore
- Port Waratah Coal Services - Australia
- Karbindo Abesyapradhi - Indoneisa
- GVK Power & Infra Limited - India
- India Bulls Power Limited - India
- Goldman Sachs - Singapore
- Banpu Public Company Limited - Thailand
- Metalloyd Limited - United Kingdom
- Tamil Nadu electricity Board
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Lanco Infratech Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Star Paper Mills Limited - India
- Kaltim Prima Coal - Indonesia
- Siam City Cement PLC, Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Deloitte Consulting - India
- Indonesian Coal Mining Association
- Bhoruka Overseas - Indonesia
- Mercator Lines Limited - India
- Leighton Contractors Pty Ltd - Australia
- Heidelberg Cement - Germany
- Marubeni Corporation - India
- Ministry of Finance - Indonesia
- Latin American Coal - Colombia
- Eastern Energy - Thailand
- Salva Resources Pvt Ltd - India
- Malabar Cements Ltd - India
- The University of Queensland
- Jaiprakash Power Ventures ltd
- Sakthi Sugars Limited - India
- Uttam Galva Steels Limited - India
- Romanian Commodities Exchange
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kobexindo Tractors - Indoneisa
- Gujarat Sidhee Cement - India
- Cigading International Bulk Terminal - Indonesia
- GMR Energy Limited - India
- PNOC Exploration Corporation - Philippines
- Energy Development Corp, Philippines
- Ministry of Transport, Egypt
- CIMB Investment Bank - Malaysia
- Interocean Group of Companies - India
- Bukit Makmur.PT - Indonesia
- Orica Australia Pty. Ltd.
- Mercuria Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- The Treasury - Australian Government
- Dalmia Cement Bharat India
- PetroVietnam Power Coal Import and Supply Company
- Ind-Barath Power Infra Limited - India
- SN Aboitiz Power Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Standard Chartered Bank - UAE
- MS Steel International - UAE
- Ministry of Mines - Canada
- Formosa Plastics Group - Taiwan
- Directorate General of MIneral and Coal - Indonesia
- ASAPP Information Group - India
- White Energy Company Limited
- Posco Energy - South Korea
- Miang Besar Coal Terminal - Indonesia
- European Bulk Services B.V. - Netherlands
- ICICI Bank Limited - India
- Riau Bara Harum - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Antam Resourcindo - Indonesia
- Videocon Industries ltd - India
- Global Business Power Corporation, Philippines
- Siam City Cement - Thailand
- Kideco Jaya Agung - Indonesia
- Tata Chemicals Ltd - India
- LBH Netherlands Bv - Netherlands
- Africa Commodities Group - South Africa
- Wilmar Investment Holdings
- Chamber of Mines of South Africa
- Aboitiz Power Corporation - Philippines
- VISA Power Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Ambuja Cements Ltd - India
- Cement Manufacturers Association - India
- Altura Mining Limited, Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Petron Corporation, Philippines
- Sojitz Corporation - Japan
- Oldendorff Carriers - Singapore
- Medco Energi Mining Internasional
- Makarim & Taira - Indonesia
- London Commodity Brokers - England
- Semirara Mining and Power Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Kartika Selabumi Mining - Indonesia
- Georgia Ports Authority, United States
- Binh Thuan Hamico - Vietnam
- Samtan Co., Ltd - South Korea
- Energy Link Ltd, New Zealand
- Bharathi Cement Corporation - India
- Kumho Petrochemical, South Korea
- Indian Oil Corporation Limited
- Meenaskhi Energy Private Limited - India
- Coal and Oil Company - UAE
- Global Coal Blending Company Limited - Australia
- Indogreen Group - Indonesia
- Bhatia International Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Therma Luzon, Inc, Philippines
- Bulk Trading Sa - Switzerland
- Rio Tinto Coal - Australia
- GAC Shipping (India) Pvt Ltd
- PowerSource Philippines DevCo
- Edison Trading Spa - Italy
- Price Waterhouse Coopers - Russia
- Minerals Council of Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sarangani Energy Corporation, Philippines
- Semirara Mining Corp, Philippines
- Planning Commission, India
- Sinarmas Energy and Mining - Indonesia
- Thai Mozambique Logistica
- Kalimantan Lumbung Energi - Indonesia
- SMC Global Power, Philippines
- Sical Logistics Limited - India
- Straits Asia Resources Limited - Singapore
- Indian Energy Exchange, India
- Sree Jayajothi Cements Limited - India
- Manunggal Multi Energi - Indonesia
- Indika Energy - Indonesia
- SMG Consultants - Indonesia
- Globalindo Alam Lestari - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Anglo American - United Kingdom
- Bayan Resources Tbk. - Indonesia
- Economic Council, Georgia
- Orica Mining Services - Indonesia
- Bangladesh Power Developement Board
- Meralco Power Generation, Philippines
- PTC India Limited - India
- Attock Cement Pakistan Limited
- Xindia Steels Limited - India
- Iligan Light & Power Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Carbofer General Trading SA - India
- Australian Commodity Traders Exchange
- Parliament of New Zealand
- Petrochimia International Co. Ltd.- Taiwan
- Kapuas Tunggal Persada - Indonesia
- San Jose City I Power Corp, Philippines
- Electricity Generating Authority of Thailand
- TeaM Sual Corporation - Philippines
- Eastern Coal Council - USA
- Commonwealth Bank - Australia
- Australian Coal Association
- IHS Mccloskey Coal Group - USA
- Parry Sugars Refinery, India
- Kepco SPC Power Corporation, Philippines
- Coalindo Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Savvy Resources Ltd - HongKong
- South Luzon Thermal Energy Corporation
- Vedanta Resources Plc - India
- Sindya Power Generating Company Private Ltd
- Jorong Barutama Greston.PT - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- CNBM International Corporation - China
- Mjunction Services Limited - India
- Borneo Indobara - Indonesia
- IEA Clean Coal Centre - UK
- Holcim Trading Pte Ltd - Singapore
- Singapore Mercantile Exchange
- Merrill Lynch Commodities Europe
- Baramulti Group, Indonesia
- Grasim Industreis Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Coastal Gujarat Power Limited - India
- AsiaOL BioFuels Corp., Philippines
- Essar Steel Hazira Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Gujarat Electricity Regulatory Commission - India
- Madhucon Powers Ltd - India
- Intertek Mineral Services - Indonesia
- Central Java Power - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Trasteel International SA, Italy
- Simpson Spence & Young - Indonesia
- Timah Investasi Mineral - Indoneisa
- Mintek Dendrill Indonesia
- Power Finance Corporation Ltd., India
- Pipit Mutiara Jaya. PT, Indonesia
- Chettinad Cement Corporation Ltd - India
- OPG Power Generation Pvt Ltd - India
- Agrawal Coal Company - India
- Larsen & Toubro Limited - India
- Vizag Seaport Private Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Central Electricity Authority - India
- Jindal Steel & Power Ltd - India
- Independent Power Producers Association of India
- Indo Tambangraya Megah - Indonesia
- Barasentosa Lestari - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Directorate Of Revenue Intelligence - India
- Bukit Baiduri Energy - Indonesia
- Aditya Birla Group - India
- Electricity Authority, New Zealand
- Thiess Contractors Indonesia
- McConnell Dowell - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
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