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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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Wednesday, 03 February 10
INDONESIA BUKIT ASAM SEES DOUBLE DIGIT 2010 REV GROWTH
* 2009 net profit rose an estimated 50 pct
* Sees opportunities for overseas acquisitions
Indonesian state-owned coal miner Bukit Asam saw 2009 ...
Wednesday, 03 February 10
RECOVERY IN INDONESIAN MINING SECTOR EXPECTED TO BOOST SALES, UNITED TRACTORS SAYS
PT United Tractors, the country’s biggest supplier of heavy equipment, said on Tuesday that it expected sales to increase 15 percent this year ...
Tuesday, 02 February 10
THAI BANPU SAYS HIGHER COSTS TO HIT COAL PROFITS
Thailand's top coal miner, expects profits from its coal business in 2010 to be lower than last year due to higher costs, but its chief executive i ...
Monday, 01 February 10
CIL PLANS TO INVEST IN OVERSEAS COAL MINES
Over the next 10 years, CIL expects to import from these mines at least 500 million tonnes of thermal coal, a variety used by power plants
The bo ...
Sunday, 31 January 10
AUSTRALIA NEWCASTLE THERMAL COAL FALLS 0.7 PERCENT TO $ 98.53
Power-station coal prices at Australia’s Newcastle port, a benchmark for Asia, declined 0.7 percent, falling for the first time in four weeks. ...
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- Mintek Dendrill Indonesia
- Singapore Mercantile Exchange
- Kideco Jaya Agung - Indonesia
- Kaltim Prima Coal - Indonesia
- Trasteel International SA, Italy
- Tata Chemicals Ltd - India
- Altura Mining Limited, Indonesia
- GN Power Mariveles Coal Plant, Philippines
- GMR Energy Limited - India
- Standard Chartered Bank - UAE
- Formosa Plastics Group - Taiwan
- Global Business Power Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Georgia Ports Authority, United States
- AsiaOL BioFuels Corp., Philippines
- Uttam Galva Steels Limited - India
- Electricity Generating Authority of Thailand
- Minerals Council of Australia
- India Bulls Power Limited - India
- Banpu Public Company Limited - Thailand
- South Luzon Thermal Energy Corporation
- Samtan Co., Ltd - South Korea
- Edison Trading Spa - Italy
- McConnell Dowell - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Independent Power Producers Association of India
- Indo Tambangraya Megah - Indonesia
- Grasim Industreis Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- New Zealand Coal & Carbon
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- San Jose City I Power Corp, Philippines
- Indonesian Coal Mining Association
- Alfred C Toepfer International GmbH - Germany
- Thiess Contractors Indonesia
- Australian Coal Association
- Australian Commodity Traders Exchange
- Metalloyd Limited - United Kingdom
- Bukit Makmur.PT - Indonesia
- Bhushan Steel Limited - India
- Meenaskhi Energy Private Limited - India
- Baramulti Group, Indonesia
- Bulk Trading Sa - Switzerland
- Marubeni Corporation - India
- Bayan Resources Tbk. - Indonesia
- Planning Commission, India
- Indika Energy - Indonesia
- Anglo American - United Kingdom
- MS Steel International - UAE
- Manunggal Multi Energi - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- OPG Power Generation Pvt Ltd - India
- Energy Development Corp, Philippines
- Cement Manufacturers Association - India
- Bangladesh Power Developement Board
- Eastern Coal Council - USA
- Siam City Cement - Thailand
- Gujarat Mineral Development Corp Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bhoruka Overseas - Indonesia
- Pendopo Energi Batubara - Indonesia
- ASAPP Information Group - India
- Wood Mackenzie - Singapore
- The Treasury - Australian Government
- LBH Netherlands Bv - Netherlands
- Mercator Lines Limited - India
- Barasentosa Lestari - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Sojitz Corporation - Japan
- Lanco Infratech Ltd - India
- Rio Tinto Coal - Australia
- Bukit Baiduri Energy - Indonesia
- Siam City Cement PLC, Thailand
- Timah Investasi Mineral - Indoneisa
- Simpson Spence & Young - Indonesia
- Parliament of New Zealand
- Attock Cement Pakistan Limited
- Neyveli Lignite Corporation Ltd, - India
- Wilmar Investment Holdings
- Merrill Lynch Commodities Europe
- Petrochimia International Co. Ltd.- Taiwan
- Ministry of Transport, Egypt
- Vedanta Resources Plc - India
- Electricity Authority, New Zealand
- White Energy Company Limited
- TeaM Sual Corporation - Philippines
- Directorate General of MIneral and Coal - Indonesia
- Chamber of Mines of South Africa
- Deloitte Consulting - India
- Posco Energy - South Korea
- Star Paper Mills Limited - India
- Makarim & Taira - Indonesia
- Sical Logistics Limited - India
- Heidelberg Cement - Germany
- Malabar Cements Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Essar Steel Hazira Ltd - India
- Goldman Sachs - Singapore
- Energy Link Ltd, New Zealand
- SMG Consultants - Indonesia
- Ambuja Cements Ltd - India
- The State Trading Corporation of India Ltd
- Savvy Resources Ltd - HongKong
- Leighton Contractors Pty Ltd - Australia
- International Coal Ventures Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- GVK Power & Infra Limited - India
- Latin American Coal - Colombia
- Jorong Barutama Greston.PT - Indonesia
- Power Finance Corporation Ltd., India
- IEA Clean Coal Centre - UK
- Aditya Birla Group - India
- GAC Shipping (India) Pvt Ltd
- Sree Jayajothi Cements Limited - India
- Gujarat Electricity Regulatory Commission - India
- Semirara Mining Corp, Philippines
- Parry Sugars Refinery, India
- Petron Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Ministry of Mines - Canada
- Maharashtra Electricity Regulatory Commission - India
- SMC Global Power, Philippines
- Central Electricity Authority - India
- Maheswari Brothers Coal Limited - India
- Romanian Commodities Exchange
- PowerSource Philippines DevCo
- London Commodity Brokers - England
- PNOC Exploration Corporation - Philippines
- Tamil Nadu electricity Board
- Directorate Of Revenue Intelligence - India
- Borneo Indobara - Indonesia
- Thai Mozambique Logistica
- Vijayanagar Sugar Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Therma Luzon, Inc, Philippines
- VISA Power Limited - India
- Chettinad Cement Corporation Ltd - India
- Indian Oil Corporation Limited
- European Bulk Services B.V. - Netherlands
- Kartika Selabumi Mining - Indonesia
- Larsen & Toubro Limited - India
- Mjunction Services Limited - India
- Central Java Power - Indonesia
- Mercuria Energy - Indonesia
- Africa Commodities Group - South Africa
- Jaiprakash Power Ventures ltd
- Global Green Power PLC Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Ministry of Finance - Indonesia
- PTC India Limited - India
- Kepco SPC Power Corporation, Philippines
- Orica Australia Pty. Ltd.
- Karaikal Port Pvt Ltd - India
- Agrawal Coal Company - India
- Semirara Mining and Power Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Sakthi Sugars Limited - India
- Riau Bara Harum - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Coalindo Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Bhatia International Limited - India
- Indian Energy Exchange, India
- ICICI Bank Limited - India
- Kapuas Tunggal Persada - Indonesia
- Port Waratah Coal Services - Australia
- Renaissance Capital - South Africa
- Antam Resourcindo - Indonesia
- Vizag Seaport Private Limited - India
- Global Coal Blending Company Limited - Australia
- Ceylon Electricity Board - Sri Lanka
- Videocon Industries ltd - India
- Indogreen Group - Indonesia
- Intertek Mineral Services - Indonesia
- Kobexindo Tractors - Indoneisa
- PetroVietnam Power Coal Import and Supply Company
- Bharathi Cement Corporation - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Oldendorff Carriers - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Krishnapatnam Port Company Ltd. - India
- IHS Mccloskey Coal Group - USA
- Binh Thuan Hamico - Vietnam
- Jindal Steel & Power Ltd - India
- Kumho Petrochemical, South Korea
- Dalmia Cement Bharat India
- Sindya Power Generating Company Private Ltd
- Orica Mining Services - Indonesia
- Coastal Gujarat Power Limited - India
- Sinarmas Energy and Mining - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Economic Council, Georgia
- Meralco Power Generation, Philippines
- Madhucon Powers Ltd - India
- Ind-Barath Power Infra Limited - India
- CNBM International Corporation - China
- Interocean Group of Companies - India
- Medco Energi Mining Internasional
- Carbofer General Trading SA - India
- Holcim Trading Pte Ltd - Singapore
- Gujarat Sidhee Cement - India
- Straits Asia Resources Limited - Singapore
- Miang Besar Coal Terminal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Xindia Steels Limited - India
- Eastern Energy - Thailand
- Coal and Oil Company - UAE
- Salva Resources Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Commonwealth Bank - Australia
- Kohat Cement Company Ltd. - Pakistan
- Rashtriya Ispat Nigam Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The University of Queensland
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