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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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Friday, 23 February 24
STRONG OUTLOOK FOR THE TANKER MARKET IN 2024 AND BEYOND - DNV
Several factors have aligned over the past two years to create a robust and profitable market for tanker owners, which is expected to drive newbuil ...
Friday, 23 February 24
AUSTRALIAN COAL FLOWS TO ASIA HOVER ABOVE LAST YEAR’S VOLUME TONNES - SIGNAL GROUP
In the final days of February, the dry bulk freight market appeared to maintain a relatively stable momentum, particularly evident in the large ves ...
Friday, 23 February 24
RUSSIAN COAL SHIPMENTS FALL 14% AS SANCTIONS BITE - BIMCO
During the first seven weeks of 2024, Russian coal shipments have fallen 14% y/y. Volumes have gradually declined since October 2023 when logistica ...
Thursday, 22 February 24
BIMCO PUBLISHES SHIP FINANCING FORMS TO ENSURE UNINTERRUPTED USE OF SHIPS
BIMCO has published two standard Quiet Enjoyment Letters (QELs), the first standard form QELs available to the industry, to offer a tool that can e ...
Monday, 19 February 24
METALS INVESTMENT: THE DARKEST HOUR IS JUST BEFORE THE DAWN - WOOD MACKENZIE
Things often seem at their worst just before they get better. In terms of meeting our net zero 2050 scenario, we’ve reached a watershed momen ...
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- Karbindo Abesyapradhi - Indoneisa
- Straits Asia Resources Limited - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Makarim & Taira - Indonesia
- Wood Mackenzie - Singapore
- Standard Chartered Bank - UAE
- MS Steel International - UAE
- Minerals Council of Australia
- Alfred C Toepfer International GmbH - Germany
- Lanco Infratech Ltd - India
- Heidelberg Cement - Germany
- Ind-Barath Power Infra Limited - India
- ASAPP Information Group - India
- Global Green Power PLC Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Karaikal Port Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Metalloyd Limited - United Kingdom
- Gujarat Mineral Development Corp Ltd - India
- Central Electricity Authority - India
- Therma Luzon, Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Goldman Sachs - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Singapore Mercantile Exchange
- Bahari Cakrawala Sebuku - Indonesia
- London Commodity Brokers - England
- Coalindo Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Indogreen Group - Indonesia
- Cement Manufacturers Association - India
- Neyveli Lignite Corporation Ltd, - India
- Sinarmas Energy and Mining - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Salva Resources Pvt Ltd - India
- Romanian Commodities Exchange
- Videocon Industries ltd - India
- Thiess Contractors Indonesia
- Holcim Trading Pte Ltd - Singapore
- White Energy Company Limited
- Madhucon Powers Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Aditya Birla Group - India
- Altura Mining Limited, Indonesia
- Bukit Makmur.PT - Indonesia
- IHS Mccloskey Coal Group - USA
- Jaiprakash Power Ventures ltd
- Sical Logistics Limited - India
- Leighton Contractors Pty Ltd - Australia
- TeaM Sual Corporation - Philippines
- Pendopo Energi Batubara - Indonesia
- GVK Power & Infra Limited - India
- Trasteel International SA, Italy
- TNB Fuel Sdn Bhd - Malaysia
- Africa Commodities Group - South Africa
- Grasim Industreis Ltd - India
- Price Waterhouse Coopers - Russia
- Kobexindo Tractors - Indoneisa
- Bhoruka Overseas - Indonesia
- McConnell Dowell - Australia
- Intertek Mineral Services - Indonesia
- Sree Jayajothi Cements Limited - India
- Latin American Coal - Colombia
- Malabar Cements Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Meenaskhi Energy Private Limited - India
- Borneo Indobara - Indonesia
- Coal and Oil Company - UAE
- Ministry of Mines - Canada
- Ministry of Transport, Egypt
- Bukit Asam (Persero) Tbk - Indonesia
- Renaissance Capital - South Africa
- Georgia Ports Authority, United States
- Parry Sugars Refinery, India
- Savvy Resources Ltd - HongKong
- Riau Bara Harum - Indonesia
- Indika Energy - Indonesia
- Orica Mining Services - Indonesia
- CIMB Investment Bank - Malaysia
- AsiaOL BioFuels Corp., Philippines
- Eastern Energy - Thailand
- Petron Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- SMG Consultants - Indonesia
- Chamber of Mines of South Africa
- Globalindo Alam Lestari - Indonesia
- Directorate Of Revenue Intelligence - India
- SN Aboitiz Power Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Energy Link Ltd, New Zealand
- South Luzon Thermal Energy Corporation
- GAC Shipping (India) Pvt Ltd
- Semirara Mining Corp, Philippines
- Tamil Nadu electricity Board
- Global Business Power Corporation, Philippines
- Mintek Dendrill Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Sojitz Corporation - Japan
- Barasentosa Lestari - Indonesia
- VISA Power Limited - India
- Orica Australia Pty. Ltd.
- Antam Resourcindo - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Ceylon Electricity Board - Sri Lanka
- Parliament of New Zealand
- Gujarat Electricity Regulatory Commission - India
- Siam City Cement - Thailand
- Kaltim Prima Coal - Indonesia
- SMC Global Power, Philippines
- Oldendorff Carriers - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Vedanta Resources Plc - India
- New Zealand Coal & Carbon
- Chettinad Cement Corporation Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Baramulti Group, Indonesia
- PTC India Limited - India
- Mjunction Services Limited - India
- Meralco Power Generation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- CNBM International Corporation - China
- Maharashtra Electricity Regulatory Commission - India
- PNOC Exploration Corporation - Philippines
- European Bulk Services B.V. - Netherlands
- Energy Development Corp, Philippines
- Marubeni Corporation - India
- Independent Power Producers Association of India
- Timah Investasi Mineral - Indoneisa
- Cigading International Bulk Terminal - Indonesia
- Sakthi Sugars Limited - India
- Jorong Barutama Greston.PT - Indonesia
- GMR Energy Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- San Jose City I Power Corp, Philippines
- Bulk Trading Sa - Switzerland
- Posco Energy - South Korea
- Indo Tambangraya Megah - Indonesia
- Anglo American - United Kingdom
- India Bulls Power Limited - India
- Commonwealth Bank - Australia
- Carbofer General Trading SA - India
- Electricity Generating Authority of Thailand
- Krishnapatnam Port Company Ltd. - India
- Interocean Group of Companies - India
- PowerSource Philippines DevCo
- Kartika Selabumi Mining - Indonesia
- Eastern Coal Council - USA
- ICICI Bank Limited - India
- Vizag Seaport Private Limited - India
- Coastal Gujarat Power Limited - India
- Kumho Petrochemical, South Korea
- Gujarat Sidhee Cement - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Samtan Co., Ltd - South Korea
- Sindya Power Generating Company Private Ltd
- Electricity Authority, New Zealand
- Central Java Power - Indonesia
- Jindal Steel & Power Ltd - India
- Medco Energi Mining Internasional
- Aboitiz Power Corporation - Philippines
- Global Coal Blending Company Limited - Australia
- Rashtriya Ispat Nigam Limited - India
- Dalmia Cement Bharat India
- Xindia Steels Limited - India
- Indonesian Coal Mining Association
- Mercuria Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Rio Tinto Coal - Australia
- Bhushan Steel Limited - India
- Bharathi Cement Corporation - India
- Agrawal Coal Company - India
- OPG Power Generation Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- The State Trading Corporation of India Ltd
- Star Paper Mills Limited - India
- Simpson Spence & Young - Indonesia
- Economic Council, Georgia
- Siam City Cement PLC, Thailand
- Power Finance Corporation Ltd., India
- Wilmar Investment Holdings
- Toyota Tsusho Corporation, Japan
- Kepco SPC Power Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Deloitte Consulting - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- The University of Queensland
- IEA Clean Coal Centre - UK
- Indian Oil Corporation Limited
- Edison Trading Spa - Italy
- Merrill Lynch Commodities Europe
- Attock Cement Pakistan Limited
- Ministry of Finance - Indonesia
- Essar Steel Hazira Ltd - India
- The Treasury - Australian Government
- Australian Coal Association
- Iligan Light & Power Inc, Philippines
- Indian Energy Exchange, India
- Larsen & Toubro Limited - India
- Maheswari Brothers Coal Limited - India
- Bhatia International Limited - India
- Bayan Resources Tbk. - Indonesia
- Bangladesh Power Developement Board
- Bank of Tokyo Mitsubishi UFJ Ltd
- Binh Thuan Hamico - Vietnam
- Planning Commission, India
- Australian Commodity Traders Exchange
- Directorate General of MIneral and Coal - Indonesia
- Thai Mozambique Logistica
- Semirara Mining and Power Corporation, Philippines
- Tata Chemicals Ltd - India
- Mercator Lines Limited - India
- Ambuja Cements Ltd - India
- Port Waratah Coal Services - Australia
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