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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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Thursday, 04 February 10
INDIA`S APPETITE FOR COAL EXPECTED TO RISE SHARPLY
Coal powers more than half of India's electricity plants and demand for the commodity is expected to rise sharply as the third-largest Asian econom ...
Thursday, 04 February 10
COAL PRODUCTION EXPECTED TO REACH 280 MILLION METRIC TONS - INDONESIA UPDATE
Indonesia`s coal production target for 2010 has been set at 275 million to 280 million metric tons, according to the Association of Indonesian Coal ...
Thursday, 04 February 10
MASSEY CEO 'NOT EXCITED' ABOUT PROSPECT OF QUARTERLY COAL PRICING
US coal producer Massey Energy is not in favour of switching to a quarterly pricing schedule for metallurgical coal, from the current annual price b ...
Thursday, 04 February 10
BUKIT ASAM GOES SHOPPING FOR MORE COAL MINES
State-owned coal miner PT Tambang Batubara Bukit Asam has set aside Rp 1.5 trillion ($162 million) to acquire two coal mines in East Kalimantan, pre ...
Thursday, 04 February 10
PTT EYES OVERSEAS COAL
Revenue could reachUS$600 million a year
PTT Plc, Thailand's largest energy company, aims to raise the annual revenue from its overseas coal bus ...
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Showing 6026 to 6030 news of total 6871 |
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- Agrawal Coal Company - India
- Petrochimia International Co. Ltd.- Taiwan
- Bukit Baiduri Energy - Indonesia
- Electricity Generating Authority of Thailand
- Malabar Cements Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Eastern Coal Council - USA
- Indonesian Coal Mining Association
- McConnell Dowell - Australia
- Ind-Barath Power Infra Limited - India
- Chamber of Mines of South Africa
- Meralco Power Generation, Philippines
- Indian Energy Exchange, India
- Wood Mackenzie - Singapore
- Ceylon Electricity Board - Sri Lanka
- Sindya Power Generating Company Private Ltd
- The Treasury - Australian Government
- Romanian Commodities Exchange
- Asmin Koalindo Tuhup - Indonesia
- Thiess Contractors Indonesia
- Uttam Galva Steels Limited - India
- Krishnapatnam Port Company Ltd. - India
- Ministry of Mines - Canada
- Coastal Gujarat Power Limited - India
- Independent Power Producers Association of India
- Coalindo Energy - Indonesia
- Cement Manufacturers Association - India
- Mjunction Services Limited - India
- Kumho Petrochemical, South Korea
- Central Java Power - Indonesia
- Borneo Indobara - Indonesia
- Antam Resourcindo - Indonesia
- Edison Trading Spa - Italy
- Samtan Co., Ltd - South Korea
- Rashtriya Ispat Nigam Limited - India
- Jindal Steel & Power Ltd - India
- Straits Asia Resources Limited - Singapore
- Bangladesh Power Developement Board
- TNB Fuel Sdn Bhd - Malaysia
- Parliament of New Zealand
- Carbofer General Trading SA - India
- Kapuas Tunggal Persada - Indonesia
- Metalloyd Limited - United Kingdom
- Vizag Seaport Private Limited - India
- Global Coal Blending Company Limited - Australia
- Attock Cement Pakistan Limited
- The University of Queensland
- White Energy Company Limited
- Bukit Makmur.PT - Indonesia
- Barasentosa Lestari - Indonesia
- Bayan Resources Tbk. - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Meenaskhi Energy Private Limited - India
- ASAPP Information Group - India
- Holcim Trading Pte Ltd - Singapore
- Gujarat Electricity Regulatory Commission - India
- European Bulk Services B.V. - Netherlands
- Intertek Mineral Services - Indonesia
- Renaissance Capital - South Africa
- Makarim & Taira - Indonesia
- Sical Logistics Limited - India
- Baramulti Group, Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Xindia Steels Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dalmia Cement Bharat India
- Coal and Oil Company - UAE
- Manunggal Multi Energi - Indonesia
- Banpu Public Company Limited - Thailand
- Ambuja Cements Ltd - India
- CNBM International Corporation - China
- Essar Steel Hazira Ltd - India
- Simpson Spence & Young - Indonesia
- Star Paper Mills Limited - India
- TeaM Sual Corporation - Philippines
- Siam City Cement - Thailand
- Parry Sugars Refinery, India
- San Jose City I Power Corp, Philippines
- Deloitte Consulting - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Oldendorff Carriers - Singapore
- Energy Link Ltd, New Zealand
- Siam City Cement PLC, Thailand
- Power Finance Corporation Ltd., India
- Toyota Tsusho Corporation, Japan
- IEA Clean Coal Centre - UK
- Mintek Dendrill Indonesia
- Aboitiz Power Corporation - Philippines
- SN Aboitiz Power Inc, Philippines
- Port Waratah Coal Services - Australia
- Kaltim Prima Coal - Indonesia
- Price Waterhouse Coopers - Russia
- Marubeni Corporation - India
- Sakthi Sugars Limited - India
- Planning Commission, India
- Sinarmas Energy and Mining - Indonesia
- Bulk Trading Sa - Switzerland
- Bhatia International Limited - India
- GAC Shipping (India) Pvt Ltd
- Sojitz Corporation - Japan
- Maheswari Brothers Coal Limited - India
- Lanco Infratech Ltd - India
- New Zealand Coal & Carbon
- Kepco SPC Power Corporation, Philippines
- Goldman Sachs - Singapore
- Altura Mining Limited, Indonesia
- Timah Investasi Mineral - Indoneisa
- Riau Bara Harum - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Trasteel International SA, Italy
- Orica Australia Pty. Ltd.
- Heidelberg Cement - Germany
- Karbindo Abesyapradhi - Indoneisa
- Ministry of Finance - Indonesia
- Savvy Resources Ltd - HongKong
- Billiton Holdings Pty Ltd - Australia
- Standard Chartered Bank - UAE
- Global Green Power PLC Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- PNOC Exploration Corporation - Philippines
- Africa Commodities Group - South Africa
- Neyveli Lignite Corporation Ltd, - India
- Alfred C Toepfer International GmbH - Germany
- Singapore Mercantile Exchange
- Maharashtra Electricity Regulatory Commission - India
- Wilmar Investment Holdings
- Grasim Industreis Ltd - India
- Tata Chemicals Ltd - India
- Rio Tinto Coal - Australia
- Indika Energy - Indonesia
- Merrill Lynch Commodities Europe
- Sree Jayajothi Cements Limited - India
- Aditya Birla Group - India
- Petron Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indian Oil Corporation Limited
- The State Trading Corporation of India Ltd
- Medco Energi Mining Internasional
- Commonwealth Bank - Australia
- Directorate General of MIneral and Coal - Indonesia
- Australian Coal Association
- Posco Energy - South Korea
- Larsen & Toubro Limited - India
- Sarangani Energy Corporation, Philippines
- Economic Council, Georgia
- Mercuria Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Anglo American - United Kingdom
- Minerals Council of Australia
- Gujarat Sidhee Cement - India
- Interocean Group of Companies - India
- Chettinad Cement Corporation Ltd - India
- Jaiprakash Power Ventures ltd
- Kartika Selabumi Mining - Indonesia
- Directorate Of Revenue Intelligence - India
- SMC Global Power, Philippines
- Semirara Mining and Power Corporation, Philippines
- Therma Luzon, Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Leighton Contractors Pty Ltd - Australia
- VISA Power Limited - India
- IHS Mccloskey Coal Group - USA
- Salva Resources Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Madhucon Powers Ltd - India
- Tamil Nadu electricity Board
- PowerSource Philippines DevCo
- Central Electricity Authority - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Formosa Plastics Group - Taiwan
- Bharathi Cement Corporation - India
- Globalindo Alam Lestari - Indonesia
- ICICI Bank Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Vedanta Resources Plc - India
- Cigading International Bulk Terminal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Energy Development Corp, Philippines
- Videocon Industries ltd - India
- Bhoruka Overseas - Indonesia
- London Commodity Brokers - England
- Eastern Energy - Thailand
- Kohat Cement Company Ltd. - Pakistan
- GVK Power & Infra Limited - India
- PTC India Limited - India
- Bhushan Steel Limited - India
- Latin American Coal - Colombia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ministry of Transport, Egypt
- Semirara Mining Corp, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Electricity Authority, New Zealand
- PetroVietnam Power Coal Import and Supply Company
- Georgia Ports Authority, United States
- Australian Commodity Traders Exchange
- SMG Consultants - Indonesia
- Global Business Power Corporation, Philippines
- Thai Mozambique Logistica
- Mercator Lines Limited - India
- Indogreen Group - Indonesia
- GMR Energy Limited - India
- India Bulls Power Limited - India
- Orica Mining Services - Indonesia
- LBH Netherlands Bv - Netherlands
- International Coal Ventures Pvt Ltd - India
- MS Steel International - UAE
- Indo Tambangraya Megah - Indonesia
- Miang Besar Coal Terminal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Kalimantan Lumbung Energi - Indonesia
- CIMB Investment Bank - Malaysia
- Iligan Light & Power Inc, Philippines
- Kobexindo Tractors - Indoneisa
- South Luzon Thermal Energy Corporation
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