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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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Monday, 18 January 10
BHP TO SPEND $267 MILLION ON QUEENSLAND COKING COAL
BHP Billiton Ltd, the world’s largest mining company, will spend $267 million to accelerate development of the Caval Ridge mine and the Hay Po ...
Sunday, 17 January 10
THE FUTURES FOR THREE YEARS (2010 - 2012) FIRMED UP - VISTAAR SINGAPORE
COALspot.com (Singapore): The freight market was a bit mixed with BDI up by about 159 points and closed at 3,299 points.
BDI
The cape index cont ...
Sunday, 17 January 10
NTPC TO DOUBLE CAPACITY BY 2017
NTPC, which will launch its follow-on public offer on February 3, plans to more than double its generating capacity to over 70,000 mega watts by 201 ...
Saturday, 16 January 10
HANDY CONTINUED FIRM CONDITIONS FOR MARKET IN THE ATLANTIC
HANDY
Continued firm conditions for the Handymax / Smax market in the Atlantic with the BSI having a continued upwards momentum. US$ 45,000 ac ...
Friday, 15 January 10
INDONESIA COAL - HEAVY RAINS HAVE LITTLE IMPACT ON COAL OUTPUT
Coal shipments from Indonesia's main coal-producing area are unlikely to be hit by heavy rains during January-February as many miners are prepared ...
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- Alfred C Toepfer International GmbH - Germany
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- Kohat Cement Company Ltd. - Pakistan
- OPG Power Generation Pvt Ltd - India
- Edison Trading Spa - Italy
- Cigading International Bulk Terminal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Vedanta Resources Plc - India
- Altura Mining Limited, Indonesia
- Bukit Makmur.PT - Indonesia
- Bangladesh Power Developement Board
- Bhushan Steel Limited - India
- Parry Sugars Refinery, India
- Meenaskhi Energy Private Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Karbindo Abesyapradhi - Indoneisa
- Malabar Cements Ltd - India
- ICICI Bank Limited - India
- Kartika Selabumi Mining - Indonesia
- CIMB Investment Bank - Malaysia
- Sindya Power Generating Company Private Ltd
- Chamber of Mines of South Africa
- Maheswari Brothers Coal Limited - India
- MS Steel International - UAE
- European Bulk Services B.V. - Netherlands
- Timah Investasi Mineral - Indoneisa
- Directorate General of MIneral and Coal - Indonesia
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- Aboitiz Power Corporation - Philippines
- VISA Power Limited - India
- Eastern Energy - Thailand
- Madhucon Powers Ltd - India
- Indogreen Group - Indonesia
- India Bulls Power Limited - India
- Anglo American - United Kingdom
- Mercator Lines Limited - India
- TeaM Sual Corporation - Philippines
- Oldendorff Carriers - Singapore
- Commonwealth Bank - Australia
- Sree Jayajothi Cements Limited - India
- Barasentosa Lestari - Indonesia
- Toyota Tsusho Corporation, Japan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- ASAPP Information Group - India
- SN Aboitiz Power Inc, Philippines
- Merrill Lynch Commodities Europe
- Tamil Nadu electricity Board
- GMR Energy Limited - India
- Eastern Coal Council - USA
- Indian Oil Corporation Limited
- Parliament of New Zealand
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- Kobexindo Tractors - Indoneisa
- Wilmar Investment Holdings
- Australian Commodity Traders Exchange
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- Coal and Oil Company - UAE
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Australian Coal Association
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- Medco Energi Mining Internasional
- Directorate Of Revenue Intelligence - India
- Xindia Steels Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Bulk Trading Sa - Switzerland
- IEA Clean Coal Centre - UK
- Electricity Generating Authority of Thailand
- Pendopo Energi Batubara - Indonesia
- Bayan Resources Tbk. - Indonesia
- Mjunction Services Limited - India
- Gujarat Electricity Regulatory Commission - India
- Siam City Cement - Thailand
- Krishnapatnam Port Company Ltd. - India
- Gujarat Sidhee Cement - India
- Electricity Authority, New Zealand
- GN Power Mariveles Coal Plant, Philippines
- Siam City Cement PLC, Thailand
- Kideco Jaya Agung - Indonesia
- Antam Resourcindo - Indonesia
- Samtan Co., Ltd - South Korea
- GVK Power & Infra Limited - India
- Ministry of Finance - Indonesia
- Minerals Council of Australia
- Global Business Power Corporation, Philippines
- Orica Mining Services - Indonesia
- Ambuja Cements Ltd - India
- Bharathi Cement Corporation - India
- The University of Queensland
- Kapuas Tunggal Persada - Indonesia
- Iligan Light & Power Inc, Philippines
- Energy Link Ltd, New Zealand
- Mintek Dendrill Indonesia
- Posco Energy - South Korea
- Independent Power Producers Association of India
- Agrawal Coal Company - India
- Savvy Resources Ltd - HongKong
- Maharashtra Electricity Regulatory Commission - India
- Meralco Power Generation, Philippines
- Karaikal Port Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Carbofer General Trading SA - India
- LBH Netherlands Bv - Netherlands
- Globalindo Alam Lestari - Indonesia
- Sojitz Corporation - Japan
- Trasteel International SA, Italy
- Price Waterhouse Coopers - Russia
- Deloitte Consulting - India
- TNB Fuel Sdn Bhd - Malaysia
- IHS Mccloskey Coal Group - USA
- Asmin Koalindo Tuhup - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Formosa Plastics Group - Taiwan
- Ceylon Electricity Board - Sri Lanka
- Ministry of Mines - Canada
- Sarangani Energy Corporation, Philippines
- Aditya Birla Group - India
- Kepco SPC Power Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sical Logistics Limited - India
- Attock Cement Pakistan Limited
- San Jose City I Power Corp, Philippines
- Central Electricity Authority - India
- London Commodity Brokers - England
- Semirara Mining and Power Corporation, Philippines
- Metalloyd Limited - United Kingdom
- SMG Consultants - Indonesia
- Baramulti Group, Indonesia
- Africa Commodities Group - South Africa
- Sakthi Sugars Limited - India
- Dalmia Cement Bharat India
- Kumho Petrochemical, South Korea
- Heidelberg Cement - Germany
- Kalimantan Lumbung Energi - Indonesia
- The Treasury - Australian Government
- Bank of Tokyo Mitsubishi UFJ Ltd
- Salva Resources Pvt Ltd - India
- New Zealand Coal & Carbon
- Economic Council, Georgia
- Lanco Infratech Ltd - India
- Rio Tinto Coal - Australia
- Coalindo Energy - Indonesia
- Wood Mackenzie - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Standard Chartered Bank - UAE
- Singapore Mercantile Exchange
- Marubeni Corporation - India
- PetroVietnam Power Coal Import and Supply Company
- Global Green Power PLC Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Orica Australia Pty. Ltd.
- Thiess Contractors Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Semirara Mining Corp, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Global Coal Blending Company Limited - Australia
- Georgia Ports Authority, United States
- Latin American Coal - Colombia
- Indika Energy - Indonesia
- Jindal Steel & Power Ltd - India
- Petron Corporation, Philippines
- Ministry of Transport, Egypt
- International Coal Ventures Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- White Energy Company Limited
- Bhatia International Limited - India
- Goldman Sachs - Singapore
- Binh Thuan Hamico - Vietnam
- Riau Bara Harum - Indonesia
- South Luzon Thermal Energy Corporation
- Renaissance Capital - South Africa
- Neyveli Lignite Corporation Ltd, - India
- Energy Development Corp, Philippines
- Tata Chemicals Ltd - India
- The State Trading Corporation of India Ltd
- Indian Energy Exchange, India
- Pipit Mutiara Jaya. PT, Indonesia
- Simpson Spence & Young - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Romanian Commodities Exchange
- Kaltim Prima Coal - Indonesia
- Manunggal Multi Energi - Indonesia
- SMC Global Power, Philippines
- Power Finance Corporation Ltd., India
- Planning Commission, India
- Banpu Public Company Limited - Thailand
- Larsen & Toubro Limited - India
- Port Waratah Coal Services - Australia
- Coastal Gujarat Power Limited - India
- Makarim & Taira - Indonesia
- Thai Mozambique Logistica
- McConnell Dowell - Australia
- Bhoruka Overseas - Indonesia
- Essar Steel Hazira Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Indonesian Coal Mining Association
- CNBM International Corporation - China
- PTC India Limited - India
- Therma Luzon, Inc, Philippines
- Borneo Indobara - Indonesia
- Mercuria Energy - Indonesia
- Central Java Power - Indonesia
- Interocean Group of Companies - India
- Vizag Seaport Private Limited - India
- Cement Manufacturers Association - India
- PNOC Exploration Corporation - Philippines
- Straits Asia Resources Limited - Singapore
- GAC Shipping (India) Pvt Ltd
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