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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, 25 November 21
SE ASIA POWER DEMAND TO RISE AS STATE SUPPORT MITIGATES COVID-19 IMPACT - FITCH RATINGS
Electricity demand in south-east Asia is likely to increase in 2021, following slow growth or contraction in 2020, thanks to state support that has ...
Thursday, 25 November 21
FITCH RATINGS INCREASES MOST GLOBAL METALS AND MINING PRICE ASSUMPTIONS - FITCH RATINGS
Fitch Ratings has increased most metals and mining price assumptions, particularly those that benefit from increased longer-term demand due to glob ...
Thursday, 25 November 21
CHINA'S COAL PRICE DROPS IN MID-NOVEMBER AMID GOVERNMENT’S SWEEPING MEASURES - GLOBAL TIMES
China’s coal prices have dropped significantly in mid-November compared with the beginning of the month, with the price of coking coal and co ...
Wednesday, 24 November 21
MARKET INSIGHT - INTERMODAL
Inflation is the word that has dominated the meetings of foreign leaders and finance ministers in recent weeks, as rising energy costs, supply chai ...
Wednesday, 24 November 21
WHY THIS MINING ANALYST IS UPBEAT ON THE IRON ORE PRICE FORECAST - MOTLEY FOOL
In many ways, 2021 can be called the year of the iron ore price. Much of the talk of the ASX town this year has revolved around this key economic m ...
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- Manunggal Multi Energi - Indonesia
- Australian Commodity Traders Exchange
- PNOC Exploration Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- Wilmar Investment Holdings
- Maheswari Brothers Coal Limited - India
- Planning Commission, India
- Savvy Resources Ltd - HongKong
- New Zealand Coal & Carbon
- Ministry of Finance - Indonesia
- Bukit Makmur.PT - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Eastern Coal Council - USA
- Krishnapatnam Port Company Ltd. - India
- Malabar Cements Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Wood Mackenzie - Singapore
- Energy Development Corp, Philippines
- Renaissance Capital - South Africa
- Antam Resourcindo - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Pendopo Energi Batubara - Indonesia
- Agrawal Coal Company - India
- Orica Mining Services - Indonesia
- Therma Luzon, Inc, Philippines
- Star Paper Mills Limited - India
- India Bulls Power Limited - India
- Mercator Lines Limited - India
- Petron Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Ceylon Electricity Board - Sri Lanka
- Mercuria Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Coastal Gujarat Power Limited - India
- SN Aboitiz Power Inc, Philippines
- Lanco Infratech Ltd - India
- Timah Investasi Mineral - Indoneisa
- Edison Trading Spa - Italy
- Electricity Authority, New Zealand
- Maharashtra Electricity Regulatory Commission - India
- LBH Netherlands Bv - Netherlands
- Chamber of Mines of South Africa
- Kapuas Tunggal Persada - Indonesia
- Anglo American - United Kingdom
- Bhatia International Limited - India
- Ministry of Transport, Egypt
- Global Business Power Corporation, Philippines
- GVK Power & Infra Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Rio Tinto Coal - Australia
- Baramulti Group, Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Tamil Nadu electricity Board
- Latin American Coal - Colombia
- Central Electricity Authority - India
- Directorate General of MIneral and Coal - Indonesia
- Goldman Sachs - Singapore
- Simpson Spence & Young - Indonesia
- ASAPP Information Group - India
- Attock Cement Pakistan Limited
- Ind-Barath Power Infra Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Eastern Energy - Thailand
- Sojitz Corporation - Japan
- Bukit Baiduri Energy - Indonesia
- PowerSource Philippines DevCo
- Jaiprakash Power Ventures ltd
- Globalindo Alam Lestari - Indonesia
- Xindia Steels Limited - India
- Metalloyd Limited - United Kingdom
- Merrill Lynch Commodities Europe
- Indian Oil Corporation Limited
- Mintek Dendrill Indonesia
- The University of Queensland
- Deloitte Consulting - India
- International Coal Ventures Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Madhucon Powers Ltd - India
- Dalmia Cement Bharat India
- Vedanta Resources Plc - India
- Commonwealth Bank - Australia
- Semirara Mining Corp, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Thiess Contractors Indonesia
- Kideco Jaya Agung - Indonesia
- Bharathi Cement Corporation - India
- Australian Coal Association
- Power Finance Corporation Ltd., India
- Cigading International Bulk Terminal - Indonesia
- MS Steel International - UAE
- Jindal Steel & Power Ltd - India
- Thai Mozambique Logistica
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- San Jose City I Power Corp, Philippines
- Economic Council, Georgia
- Bayan Resources Tbk. - Indonesia
- CNBM International Corporation - China
- McConnell Dowell - Australia
- Sree Jayajothi Cements Limited - India
- Posco Energy - South Korea
- Bukit Asam (Persero) Tbk - Indonesia
- Kobexindo Tractors - Indoneisa
- SMC Global Power, Philippines
- Ministry of Mines - Canada
- Georgia Ports Authority, United States
- Medco Energi Mining Internasional
- Bangladesh Power Developement Board
- Electricity Generating Authority of Thailand
- PTC India Limited - India
- Rashtriya Ispat Nigam Limited - India
- Semirara Mining and Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- The Treasury - Australian Government
- Meralco Power Generation, Philippines
- Videocon Industries ltd - India
- Gujarat Electricity Regulatory Commission - India
- Indika Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- ICICI Bank Limited - India
- Coalindo Energy - Indonesia
- Intertek Mineral Services - Indonesia
- Toyota Tsusho Corporation, Japan
- Energy Link Ltd, New Zealand
- Standard Chartered Bank - UAE
- SMG Consultants - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Sarangani Energy Corporation, Philippines
- Independent Power Producers Association of India
- Cement Manufacturers Association - India
- Binh Thuan Hamico - Vietnam
- CIMB Investment Bank - Malaysia
- Billiton Holdings Pty Ltd - Australia
- IEA Clean Coal Centre - UK
- Holcim Trading Pte Ltd - Singapore
- Coal and Oil Company - UAE
- Indogreen Group - Indonesia
- Siam City Cement - Thailand
- Formosa Plastics Group - Taiwan
- Leighton Contractors Pty Ltd - Australia
- Bhoruka Overseas - Indonesia
- Mjunction Services Limited - India
- Singapore Mercantile Exchange
- Aditya Birla Group - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Grasim Industreis Ltd - India
- Sakthi Sugars Limited - India
- Interocean Group of Companies - India
- Sinarmas Energy and Mining - Indonesia
- Indian Energy Exchange, India
- Larsen & Toubro Limited - India
- Uttam Galva Steels Limited - India
- VISA Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Marubeni Corporation - India
- Central Java Power - Indonesia
- Romanian Commodities Exchange
- Barasentosa Lestari - Indonesia
- European Bulk Services B.V. - Netherlands
- AsiaOL BioFuels Corp., Philippines
- Banpu Public Company Limited - Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Altura Mining Limited, Indonesia
- Aboitiz Power Corporation - Philippines
- GAC Shipping (India) Pvt Ltd
- Parliament of New Zealand
- Directorate Of Revenue Intelligence - India
- Indonesian Coal Mining Association
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Straits Asia Resources Limited - Singapore
- Parry Sugars Refinery, India
- Kohat Cement Company Ltd. - Pakistan
- Pipit Mutiara Jaya. PT, Indonesia
- GMR Energy Limited - India
- Trasteel International SA, Italy
- Chettinad Cement Corporation Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Port Waratah Coal Services - Australia
- White Energy Company Limited
- London Commodity Brokers - England
- Bhushan Steel Limited - India
- Samtan Co., Ltd - South Korea
- Heidelberg Cement - Germany
- Makarim & Taira - Indonesia
- Africa Commodities Group - South Africa
- Sical Logistics Limited - India
- Iligan Light & Power Inc, Philippines
- South Luzon Thermal Energy Corporation
- Riau Bara Harum - Indonesia
- Orica Australia Pty. Ltd.
- Tata Chemicals Ltd - India
- Salva Resources Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Karaikal Port Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Sindya Power Generating Company Private Ltd
- The State Trading Corporation of India Ltd
- Global Coal Blending Company Limited - Australia
- Minerals Council of Australia
- Siam City Cement PLC, Thailand
- OPG Power Generation Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Bulk Trading Sa - Switzerland
- Gujarat Sidhee Cement - India
- Alfred C Toepfer International GmbH - Germany
- Neyveli Lignite Corporation Ltd, - India
- Vijayanagar Sugar Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Carbofer General Trading SA - India
- PetroVietnam Power Coal Import and Supply Company
- Kaltim Prima Coal - Indonesia
- Price Waterhouse Coopers - Russia
- Ambuja Cements Ltd - India
- Borneo Indobara - Indonesia
- Kepco SPC Power Corporation, Philippines
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