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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, 28 January 10
THE IRON ORE EXPORTS FROM INDIA TO CHINA ARE DOWN AND THE RATES DROPPED
HANDY
The BSI has continued its downward trend confirming the softening of the Atlantic since the previous week and reflecting a correction of the ...
Thursday, 28 January 10
COAL - VIETNAM / TRADE
Vietnam expects to turn into a coal importer within three years, spurred by an industrial boom and rising power consumption, a senior executive with ...
Thursday, 28 January 10
JAPAN STEELMAKERS OPPOSE QUARTERLY COAL CONTRACTS
Japanese steelmakers oppose miner BHP Billiton's attempt to switch to quarterly contracts from annual deals for supplying coal, as the change would ...
Thursday, 28 January 10
BHP MAY SELL 25% STAKE IN INDONESIAN COAL PROJECT
BHP Billiton Ltd. plans to sell only a 25 percent stake in a coal project in Indonesia as it wants to retain control of the asset, said Indra Dianna ...
Thursday, 28 January 10
TRANSNET ASPIRES TO 81MT/Y COAL EXPORT CAPACITY
South African State-owned rail transport enterprise Transnet wants to increase coal-line rail capacity to 81-million tons a year as part of its Quan ...
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- Jorong Barutama Greston.PT - Indonesia
- Singapore Mercantile Exchange
- Bukit Makmur.PT - Indonesia
- Agrawal Coal Company - India
- Eastern Energy - Thailand
- Alfred C Toepfer International GmbH - Germany
- Parry Sugars Refinery, India
- India Bulls Power Limited - India
- GVK Power & Infra Limited - India
- Mjunction Services Limited - India
- Riau Bara Harum - Indonesia
- Rashtriya Ispat Nigam Limited - India
- GMR Energy Limited - India
- AsiaOL BioFuels Corp., Philippines
- ICICI Bank Limited - India
- Minerals Council of Australia
- Karaikal Port Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Romanian Commodities Exchange
- Vedanta Resources Plc - India
- Power Finance Corporation Ltd., India
- Aditya Birla Group - India
- Economic Council, Georgia
- Tamil Nadu electricity Board
- Gujarat Electricity Regulatory Commission - India
- Indonesian Coal Mining Association
- Central Electricity Authority - India
- Directorate General of MIneral and Coal - Indonesia
- Electricity Generating Authority of Thailand
- The Treasury - Australian Government
- Bangladesh Power Developement Board
- VISA Power Limited - India
- PTC India Limited - India
- Sakthi Sugars Limited - India
- European Bulk Services B.V. - Netherlands
- Ind-Barath Power Infra Limited - India
- Coalindo Energy - Indonesia
- Makarim & Taira - Indonesia
- MS Steel International - UAE
- Banpu Public Company Limited - Thailand
- Sical Logistics Limited - India
- Iligan Light & Power Inc, Philippines
- Posco Energy - South Korea
- Metalloyd Limited - United Kingdom
- Kumho Petrochemical, South Korea
- Energy Development Corp, Philippines
- Larsen & Toubro Limited - India
- OPG Power Generation Pvt Ltd - India
- Madhucon Powers Ltd - India
- PNOC Exploration Corporation - Philippines
- Antam Resourcindo - Indonesia
- Therma Luzon, Inc, Philippines
- Marubeni Corporation - India
- Salva Resources Pvt Ltd - India
- SMG Consultants - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Miang Besar Coal Terminal - Indonesia
- Indogreen Group - Indonesia
- Jindal Steel & Power Ltd - India
- TeaM Sual Corporation - Philippines
- Attock Cement Pakistan Limited
- Trasteel International SA, Italy
- Edison Trading Spa - Italy
- Samtan Co., Ltd - South Korea
- San Jose City I Power Corp, Philippines
- Medco Energi Mining Internasional
- McConnell Dowell - Australia
- Interocean Group of Companies - India
- IEA Clean Coal Centre - UK
- Thiess Contractors Indonesia
- Kepco SPC Power Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Globalindo Alam Lestari - Indonesia
- International Coal Ventures Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Australian Commodity Traders Exchange
- Xindia Steels Limited - India
- Vizag Seaport Private Limited - India
- Carbofer General Trading SA - India
- SMC Global Power, Philippines
- Indika Energy - Indonesia
- Latin American Coal - Colombia
- Maheswari Brothers Coal Limited - India
- Chamber of Mines of South Africa
- Gujarat Mineral Development Corp Ltd - India
- Ambuja Cements Ltd - India
- Renaissance Capital - South Africa
- Formosa Plastics Group - Taiwan
- Essar Steel Hazira Ltd - India
- Port Waratah Coal Services - Australia
- Baramulti Group, Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Electricity Authority, New Zealand
- The State Trading Corporation of India Ltd
- Oldendorff Carriers - Singapore
- Ministry of Mines - Canada
- Bhatia International Limited - India
- Holcim Trading Pte Ltd - Singapore
- Videocon Industries ltd - India
- Coastal Gujarat Power Limited - India
- Siam City Cement PLC, Thailand
- Jaiprakash Power Ventures ltd
- Ministry of Transport, Egypt
- Price Waterhouse Coopers - Russia
- LBH Netherlands Bv - Netherlands
- Mintek Dendrill Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Billiton Holdings Pty Ltd - Australia
- Kaltim Prima Coal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- PowerSource Philippines DevCo
- Timah Investasi Mineral - Indoneisa
- Sree Jayajothi Cements Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- SN Aboitiz Power Inc, Philippines
- Indian Energy Exchange, India
- Sojitz Corporation - Japan
- Australian Coal Association
- Dalmia Cement Bharat India
- Eastern Coal Council - USA
- Gujarat Sidhee Cement - India
- Wilmar Investment Holdings
- Global Business Power Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Heidelberg Cement - Germany
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kartika Selabumi Mining - Indonesia
- Indo Tambangraya Megah - Indonesia
- Mercuria Energy - Indonesia
- Deloitte Consulting - India
- Wood Mackenzie - Singapore
- Planning Commission, India
- Anglo American - United Kingdom
- Toyota Tsusho Corporation, Japan
- Krishnapatnam Port Company Ltd. - India
- London Commodity Brokers - England
- Energy Link Ltd, New Zealand
- Central Java Power - Indonesia
- Pendopo Energi Batubara - Indonesia
- Directorate Of Revenue Intelligence - India
- Tata Chemicals Ltd - India
- IHS Mccloskey Coal Group - USA
- Aboitiz Power Corporation - Philippines
- CNBM International Corporation - China
- Kideco Jaya Agung - Indonesia
- Uttam Galva Steels Limited - India
- Georgia Ports Authority, United States
- Commonwealth Bank - Australia
- PetroVietnam Power Coal Import and Supply Company
- Kalimantan Lumbung Energi - Indonesia
- Star Paper Mills Limited - India
- Intertek Mineral Services - Indonesia
- Siam City Cement - Thailand
- ASAPP Information Group - India
- Orica Mining Services - Indonesia
- Malabar Cements Ltd - India
- CIMB Investment Bank - Malaysia
- Mercator Lines Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kobexindo Tractors - Indoneisa
- Karbindo Abesyapradhi - Indoneisa
- Bulk Trading Sa - Switzerland
- Orica Australia Pty. Ltd.
- Global Green Power PLC Corporation, Philippines
- Cement Manufacturers Association - India
- Bukit Baiduri Energy - Indonesia
- Bhushan Steel Limited - India
- Barasentosa Lestari - Indonesia
- Parliament of New Zealand
- Chettinad Cement Corporation Ltd - India
- GAC Shipping (India) Pvt Ltd
- Meralco Power Generation, Philippines
- Savvy Resources Ltd - HongKong
- Pipit Mutiara Jaya. PT, Indonesia
- Coal and Oil Company - UAE
- Ceylon Electricity Board - Sri Lanka
- Merrill Lynch Commodities Europe
- Leighton Contractors Pty Ltd - Australia
- Cigading International Bulk Terminal - Indonesia
- Sindya Power Generating Company Private Ltd
- Meenaskhi Energy Private Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Bhoruka Overseas - Indonesia
- Global Coal Blending Company Limited - Australia
- Africa Commodities Group - South Africa
- Bharathi Cement Corporation - India
- Indian Oil Corporation Limited
- Sarangani Energy Corporation, Philippines
- Standard Chartered Bank - UAE
- Rio Tinto Coal - Australia
- Straits Asia Resources Limited - Singapore
- Grasim Industreis Ltd - India
- White Energy Company Limited
- Manunggal Multi Energi - Indonesia
- Lanco Infratech Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Thai Mozambique Logistica
- The University of Queensland
- Altura Mining Limited, Indonesia
- Ministry of Finance - Indonesia
- Borneo Indobara - Indonesia
- New Zealand Coal & Carbon
- Independent Power Producers Association of India
- Neyveli Lignite Corporation Ltd, - India
- Petron Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- South Luzon Thermal Energy Corporation
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Simpson Spence & Young - Indonesia
- Goldman Sachs - Singapore
- Semirara Mining and Power Corporation, Philippines
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