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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, 21 January 10
MEC IN TALKS WITH TATA POWER ON COAL - TRADE
The UAE's Middle East Coal is in talks to supply coal to Tata Power, India's biggest private sector power firm, from its new Indonesian operations ...
Wednesday, 20 January 10
NALCO SEEKS CONSULTANT FOR $4 BILLION INDONESIAN SMELTER, PLANT
National Aluminium Co., India’s second-biggest producer of the metal, called for bids for a consultant on its proposed aluminum smelter and co ...
Wednesday, 20 January 10
NTPC PLANS TO SET UP ARM FOR ACQUIRING COAL ASSETS ABROAD
NTPC, the world’s second-largest independent power producer (IPP), plans to set up a new entity for acquiring coal assets abroad to secure fue ...
Wednesday, 20 January 10
CEMENT FIRMS TO BUY POWER PLANT COAL ASH
CEBU, Philippines - Cement companies in Cebu are interested to buy the coal ash that will be produced from the coal-fired power plant in Toledo City ...
Tuesday, 19 January 10
CHINA TO INCREASE THERMAL COAL IMPORTS - WEN
China's Premier Wen Jiabao said on Tuesday that China will appropriately increase imports of thermal coal to ease the country's power shortages.
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- Goldman Sachs - Singapore
- Toyota Tsusho Corporation, Japan
- Sojitz Corporation - Japan
- Madhucon Powers Ltd - India
- GMR Energy Limited - India
- Gujarat Mineral Development Corp Ltd - India
- SMC Global Power, Philippines
- Bhushan Steel Limited - India
- TeaM Sual Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- Meralco Power Generation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Mintek Dendrill Indonesia
- Iligan Light & Power Inc, Philippines
- Port Waratah Coal Services - Australia
- Directorate General of MIneral and Coal - Indonesia
- SMG Consultants - Indonesia
- Independent Power Producers Association of India
- Altura Mining Limited, Indonesia
- Miang Besar Coal Terminal - Indonesia
- Orica Australia Pty. Ltd.
- ASAPP Information Group - India
- Coal and Oil Company - UAE
- Dalmia Cement Bharat India
- Antam Resourcindo - Indonesia
- India Bulls Power Limited - India
- Aditya Birla Group - India
- Simpson Spence & Young - Indonesia
- Chettinad Cement Corporation Ltd - India
- Tata Chemicals Ltd - India
- Sakthi Sugars Limited - India
- Australian Commodity Traders Exchange
- Neyveli Lignite Corporation Ltd, - India
- Georgia Ports Authority, United States
- Anglo American - United Kingdom
- Power Finance Corporation Ltd., India
- Banpu Public Company Limited - Thailand
- Star Paper Mills Limited - India
- McConnell Dowell - Australia
- Indian Oil Corporation Limited
- Latin American Coal - Colombia
- IEA Clean Coal Centre - UK
- Australian Coal Association
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Heidelberg Cement - Germany
- Vizag Seaport Private Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Ceylon Electricity Board - Sri Lanka
- Wilmar Investment Holdings
- Grasim Industreis Ltd - India
- Indogreen Group - Indonesia
- Intertek Mineral Services - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ambuja Cements Ltd - India
- Vedanta Resources Plc - India
- Semirara Mining and Power Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Sindya Power Generating Company Private Ltd
- San Jose City I Power Corp, Philippines
- OPG Power Generation Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Coalindo Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Renaissance Capital - South Africa
- Electricity Generating Authority of Thailand
- Bukit Makmur.PT - Indonesia
- CNBM International Corporation - China
- Kepco SPC Power Corporation, Philippines
- Mercator Lines Limited - India
- Samtan Co., Ltd - South Korea
- Siam City Cement PLC, Thailand
- Energy Link Ltd, New Zealand
- Straits Asia Resources Limited - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Metalloyd Limited - United Kingdom
- Lanco Infratech Ltd - India
- Sarangani Energy Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Energy Development Corp, Philippines
- SN Aboitiz Power Inc, Philippines
- Indika Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- New Zealand Coal & Carbon
- Deloitte Consulting - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Africa Commodities Group - South Africa
- GN Power Mariveles Coal Plant, Philippines
- Krishnapatnam Port Company Ltd. - India
- Oldendorff Carriers - Singapore
- Rio Tinto Coal - Australia
- Karaikal Port Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Larsen & Toubro Limited - India
- Bukit Baiduri Energy - Indonesia
- London Commodity Brokers - England
- Bukit Asam (Persero) Tbk - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- GAC Shipping (India) Pvt Ltd
- PTC India Limited - India
- Interocean Group of Companies - India
- Mjunction Services Limited - India
- Thai Mozambique Logistica
- Economic Council, Georgia
- IHS Mccloskey Coal Group - USA
- Central Electricity Authority - India
- Formosa Plastics Group - Taiwan
- Parliament of New Zealand
- Jindal Steel & Power Ltd - India
- Wood Mackenzie - Singapore
- Attock Cement Pakistan Limited
- Agrawal Coal Company - India
- Ind-Barath Power Infra Limited - India
- Posco Energy - South Korea
- Makarim & Taira - Indonesia
- Siam City Cement - Thailand
- Rashtriya Ispat Nigam Limited - India
- Semirara Mining Corp, Philippines
- Gujarat Sidhee Cement - India
- Vijayanagar Sugar Pvt Ltd - India
- Central Java Power - Indonesia
- Sical Logistics Limited - India
- Cement Manufacturers Association - India
- PNOC Exploration Corporation - Philippines
- Merrill Lynch Commodities Europe
- ICICI Bank Limited - India
- Indo Tambangraya Megah - Indonesia
- European Bulk Services B.V. - Netherlands
- Timah Investasi Mineral - Indoneisa
- Global Green Power PLC Corporation, Philippines
- Planning Commission, India
- Chamber of Mines of South Africa
- Pipit Mutiara Jaya. PT, Indonesia
- Global Coal Blending Company Limited - Australia
- Sinarmas Energy and Mining - Indonesia
- International Coal Ventures Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- The Treasury - Australian Government
- White Energy Company Limited
- Global Business Power Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Kartika Selabumi Mining - Indonesia
- Tamil Nadu electricity Board
- Riau Bara Harum - Indonesia
- Bayan Resources Tbk. - Indonesia
- Baramulti Group, Indonesia
- Indian Energy Exchange, India
- Carbofer General Trading SA - India
- Leighton Contractors Pty Ltd - Australia
- Billiton Holdings Pty Ltd - Australia
- Commonwealth Bank - Australia
- Minerals Council of Australia
- Kalimantan Lumbung Energi - Indonesia
- Indonesian Coal Mining Association
- Kumho Petrochemical, South Korea
- Binh Thuan Hamico - Vietnam
- Jorong Barutama Greston.PT - Indonesia
- Sree Jayajothi Cements Limited - India
- Salva Resources Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Price Waterhouse Coopers - Russia
- Ministry of Finance - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Malabar Cements Ltd - India
- Uttam Galva Steels Limited - India
- Bulk Trading Sa - Switzerland
- Trasteel International SA, Italy
- VISA Power Limited - India
- Directorate Of Revenue Intelligence - India
- Ministry of Transport, Egypt
- Savvy Resources Ltd - HongKong
- Barasentosa Lestari - Indonesia
- Bharathi Cement Corporation - India
- GVK Power & Infra Limited - India
- The University of Queensland
- Offshore Bulk Terminal Pte Ltd, Singapore
- Globalindo Alam Lestari - Indonesia
- Standard Chartered Bank - UAE
- Singapore Mercantile Exchange
- Cigading International Bulk Terminal - Indonesia
- Eastern Coal Council - USA
- Electricity Authority, New Zealand
- Alfred C Toepfer International GmbH - Germany
- Kapuas Tunggal Persada - Indonesia
- Marubeni Corporation - India
- Medco Energi Mining Internasional
- CIMB Investment Bank - Malaysia
- Essar Steel Hazira Ltd - India
- Xindia Steels Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Thiess Contractors Indonesia
- South Luzon Thermal Energy Corporation
- Romanian Commodities Exchange
- Ministry of Mines - Canada
- Bhatia International Limited - India
- Borneo Indobara - Indonesia
- Orica Mining Services - Indonesia
- Mercuria Energy - Indonesia
- Eastern Energy - Thailand
- Videocon Industries ltd - India
- Therma Luzon, Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Maheswari Brothers Coal Limited - India
- Edison Trading Spa - Italy
- MS Steel International - UAE
- Bhoruka Overseas - Indonesia
- Petron Corporation, Philippines
- PowerSource Philippines DevCo
- Coastal Gujarat Power Limited - India
- Parry Sugars Refinery, India
- LBH Netherlands Bv - Netherlands
- Kaltim Prima Coal - Indonesia
- Jaiprakash Power Ventures ltd
- Bangladesh Power Developement Board
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