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Saturday, 09 January 10
IMPORTED, LOCAL COAL TO BE MIXED IN POWER DRIVE
The government is likely to create a pool price of coal, wherein imported coal and Indian coal could be mixed, making the imported coal becomes more affordable for use in power projects. Once implemented, the move would benefit competitively bid private sector power projects where cost of imported coal is not fully reflected in the electricity tariff.
The price differential between domestic and imported coal varies from 50% to 75% level depending on the distance transported. While the landed cost of good quality domestic thermal coal ranges between Rs 3,000 to Rs 4,000 (US$ 65.99 - 87.98) per tonne for travel distance between 100-1500 kilometres, the price of imported coal (Indonesia) varies between Rs 4000-5250 (US$ 87.98 - 115.48) per tonne.
“A policy on pool price of coal is being considered to prevent discrimination against projects using high level of imported coal in a volatile market situation,” an official in the coal ministry said requesting anonymity.
The Planning Commission in its policy prescription for power sector has also favoured price pooling of coal to prevent under priced domestic coal from affecting use of imported coal. The present system has also resulted in higher demand for domestic coal that is affecting fuel supply to several power projects.
Under current system of coal linkage power projects normally get assured linkage of 80-85% of the coal requirement from the domestic market. Remaining coal has to be imported for meeting the full requirement of a power project. (1 USD = 45.4600 INR). To read more EconomicTimes
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Tuesday, 09 February 10
EURO COAL-PROMPT SLIDES WITH OIL PRICES
* April S.African cargo trades at $83.50/T FOB, unchanged
* April DES cargo trades at $74.75 a tonne, down $1/T
* Russia's Kuzbassrazrezugol sees ...
Monday, 08 February 10
BLACK RIDGE MINING APPOINTS INDEPENDENT CONSULTANT
Australian-listed Black Ridge Mining has announced the appointment of David Tuit as an independent consultant to assist with the assessment of the c ...
Monday, 08 February 10
SOUTH AFRICAN EXPORT COAL RISES FOR FIRST TIME IN FOUR WEEKS
Prices for coal shipped from South Africa’s Richards Bay, the continent’s biggest export facility for the fuel, posted their first gain ...
Monday, 08 February 10
NTPC HOPES TO START ON 500-MW PROJECT IN SRI LANKA BY FEB-END
NTPC sources told Business Standard, “All formalities from our government and NTPC have been completed.
The opinion of the Sri Lankan atto ...
Sunday, 07 February 10
AN AUSTRALIAN FIRM HAS SIGNED A $60BN DEAL TO SUPPLY COAL TO CHINESE POWER STATIONS
Clive Palmer, chairman of the company, Resourcehouse, said it was Australia's "biggest ever export contract".
Under the deal, the firm ...
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- Asmin Koalindo Tuhup - Indonesia
- Eastern Coal Council - USA
- Ministry of Mines - Canada
- Orica Mining Services - Indonesia
- Indonesian Coal Mining Association
- Bangladesh Power Developement Board
- Toyota Tsusho Corporation, Japan
- MS Steel International - UAE
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Singapore Mercantile Exchange
- Wilmar Investment Holdings
- Oldendorff Carriers - Singapore
- Makarim & Taira - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Aditya Birla Group - India
- Miang Besar Coal Terminal - Indonesia
- Simpson Spence & Young - Indonesia
- Ministry of Transport, Egypt
- Kepco SPC Power Corporation, Philippines
- Jaiprakash Power Ventures ltd
- McConnell Dowell - Australia
- Kumho Petrochemical, South Korea
- Petrochimia International Co. Ltd.- Taiwan
- Siam City Cement PLC, Thailand
- LBH Netherlands Bv - Netherlands
- AsiaOL BioFuels Corp., Philippines
- Meralco Power Generation, Philippines
- Economic Council, Georgia
- European Bulk Services B.V. - Netherlands
- Siam City Cement - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Leighton Contractors Pty Ltd - Australia
- Electricity Authority, New Zealand
- Bhatia International Limited - India
- White Energy Company Limited
- Bukit Baiduri Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Alfred C Toepfer International GmbH - Germany
- Chettinad Cement Corporation Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Chamber of Mines of South Africa
- PetroVietnam Power Coal Import and Supply Company
- San Jose City I Power Corp, Philippines
- Central Java Power - Indonesia
- Sarangani Energy Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- IEA Clean Coal Centre - UK
- Baramulti Group, Indonesia
- Posco Energy - South Korea
- The University of Queensland
- SMG Consultants - Indonesia
- Ministry of Finance - Indonesia
- Dalmia Cement Bharat India
- Banpu Public Company Limited - Thailand
- Uttam Galva Steels Limited - India
- ICICI Bank Limited - India
- Star Paper Mills Limited - India
- Interocean Group of Companies - India
- Carbofer General Trading SA - India
- Vijayanagar Sugar Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Aboitiz Power Corporation - Philippines
- Thiess Contractors Indonesia
- Kaltim Prima Coal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- New Zealand Coal & Carbon
- Mercator Lines Limited - India
- IHS Mccloskey Coal Group - USA
- Binh Thuan Hamico - Vietnam
- Tata Chemicals Ltd - India
- London Commodity Brokers - England
- GVK Power & Infra Limited - India
- Sree Jayajothi Cements Limited - India
- Neyveli Lignite Corporation Ltd, - India
- TNB Fuel Sdn Bhd - Malaysia
- Vedanta Resources Plc - India
- Indian Energy Exchange, India
- Heidelberg Cement - Germany
- Thai Mozambique Logistica
- Kartika Selabumi Mining - Indonesia
- GAC Shipping (India) Pvt Ltd
- Energy Link Ltd, New Zealand
- Romanian Commodities Exchange
- Coalindo Energy - Indonesia
- Rio Tinto Coal - Australia
- Commonwealth Bank - Australia
- PTC India Limited - India
- Riau Bara Harum - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Semirara Mining Corp, Philippines
- Price Waterhouse Coopers - Russia
- Salva Resources Pvt Ltd - India
- Central Electricity Authority - India
- CNBM International Corporation - China
- Parry Sugars Refinery, India
- Semirara Mining and Power Corporation, Philippines
- Malabar Cements Ltd - India
- Larsen & Toubro Limited - India
- India Bulls Power Limited - India
- PowerSource Philippines DevCo
- Georgia Ports Authority, United States
- Metalloyd Limited - United Kingdom
- Deloitte Consulting - India
- Power Finance Corporation Ltd., India
- Jorong Barutama Greston.PT - Indonesia
- Petron Corporation, Philippines
- Australian Commodity Traders Exchange
- Meenaskhi Energy Private Limited - India
- Kideco Jaya Agung - Indonesia
- Pendopo Energi Batubara - Indonesia
- ASAPP Information Group - India
- Planning Commission, India
- Electricity Generating Authority of Thailand
- Renaissance Capital - South Africa
- Indogreen Group - Indonesia
- Bulk Trading Sa - Switzerland
- OPG Power Generation Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Jindal Steel & Power Ltd - India
- SMC Global Power, Philippines
- Anglo American - United Kingdom
- Mercuria Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Kalimantan Lumbung Energi - Indonesia
- Intertek Mineral Services - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bharathi Cement Corporation - India
- Xindia Steels Limited - India
- Trasteel International SA, Italy
- Mjunction Services Limited - India
- Africa Commodities Group - South Africa
- Orica Australia Pty. Ltd.
- The Treasury - Australian Government
- PNOC Exploration Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- Ind-Barath Power Infra Limited - India
- GMR Energy Limited - India
- Coastal Gujarat Power Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Sical Logistics Limited - India
- Indo Tambangraya Megah - Indonesia
- Mintek Dendrill Indonesia
- Iligan Light & Power Inc, Philippines
- Lanco Infratech Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Pipit Mutiara Jaya. PT, Indonesia
- Samtan Co., Ltd - South Korea
- Wood Mackenzie - Singapore
- Directorate Of Revenue Intelligence - India
- Marubeni Corporation - India
- Sinarmas Energy and Mining - Indonesia
- Bayan Resources Tbk. - Indonesia
- Billiton Holdings Pty Ltd - Australia
- VISA Power Limited - India
- Cement Manufacturers Association - India
- Goldman Sachs - Singapore
- Ambuja Cements Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Antam Resourcindo - Indonesia
- SN Aboitiz Power Inc, Philippines
- Tamil Nadu electricity Board
- Holcim Trading Pte Ltd - Singapore
- Standard Chartered Bank - UAE
- Global Business Power Corporation, Philippines
- Vizag Seaport Private Limited - India
- Ceylon Electricity Board - Sri Lanka
- Global Coal Blending Company Limited - Australia
- Energy Development Corp, Philippines
- Eastern Energy - Thailand
- Globalindo Alam Lestari - Indonesia
- Formosa Plastics Group - Taiwan
- Coal and Oil Company - UAE
- Indika Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- The State Trading Corporation of India Ltd
- Cigading International Bulk Terminal - Indonesia
- Grasim Industreis Ltd - India
- Essar Steel Hazira Ltd - India
- Australian Coal Association
- Straits Asia Resources Limited - Singapore
- Madhucon Powers Ltd - India
- Bukit Makmur.PT - Indonesia
- Altura Mining Limited, Indonesia
- Bhoruka Overseas - Indonesia
- Port Waratah Coal Services - Australia
- Borneo Indobara - Indonesia
- Barasentosa Lestari - Indonesia
- Sojitz Corporation - Japan
- Latin American Coal - Colombia
- Gujarat Mineral Development Corp Ltd - India
- Bhushan Steel Limited - India
- Attock Cement Pakistan Limited
- Maheswari Brothers Coal Limited - India
- Global Green Power PLC Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Agrawal Coal Company - India
- South Luzon Thermal Energy Corporation
- Karaikal Port Pvt Ltd - India
- Videocon Industries ltd - India
- Merrill Lynch Commodities Europe
- Edison Trading Spa - Italy
- Medco Energi Mining Internasional
- Therma Luzon, Inc, Philippines
- Indian Oil Corporation Limited
- Gujarat Electricity Regulatory Commission - India
- Savvy Resources Ltd - HongKong
- Minerals Council of Australia
- Gujarat Sidhee Cement - India
- Sakthi Sugars Limited - India
- Parliament of New Zealand
- Manunggal Multi Energi - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Independent Power Producers Association of India
- International Coal Ventures Pvt Ltd - India
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