COALspot.com keeps you connected across the coal world
  • SEPTEMBER 2020 INDONESIAN COAL PRICE REFERENCE FOR EXPORTS AND DOMESTIC BUYERS INCLUDING POWER PRODUCERS FIXED AT US$ 49.42 A TON

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


WTI Crude Oil

BRENT Crude Oil

Search News
Latest CoalNews Headlines
Wednesday, 15 June 11
INDONESIA NEW COAL POLICY WORRIES INDIA POWER FIRMS - MYDIGITALFC


Tata Power, Adani group, Lanco Infratech and Reliance Power, among other Indian coal importers, are waiting to assess the impact of the Indonesian government attempts to benchmark its coal prices to international indices. The new system has the potential to increase the cost of thermal power generated using imported coal in India.

The new method that will come into effect from September attempts to link the royalties paid to the Indonesian government to an index of coal prices for Australian and South African coal in addition to others. But Indian firms said Indonesian coal is of lower calorific value and, hence, priced cheaper compared with Australian and South African coal.

Deepak Amitabh, director (corporate finance) of PTC, said there are lots of issues, which still need to be sorted before the coal prices are determined. “We are still not clear how the government will work out the price differentials between Indonesian coal and that produced by Australia or South Africa, for example. Also the spot prices are always costly compared with the long-term sales contracts. We need to find out if the long term contracts for Indonesian coal would be at discount to international market prices or not.”

In September 2010 the Indonesian government issued new regulations to determine the benchmark price for the sale of coal and minerals. The regulation proposes to peg the price for both domestic sales and export of coal to a ‘benchmark price’ for all the mining licensees. Dipesh Dipu, director, consulting (mining) at Deloitte in India said the new regulation will force companies to transact at market prices, which may be seen as raising the cost of delivered coal in India.

“When companies invest in Indonesia, they tend to have the intent to sell coal at cost, so that Indonesian business unit remained at no or negligible profits. Taking a holistic view, however, the cash flows in an integrated Indonesian coal mining and Indian power generation unit after this regulation will continue to be similar, except that income taxes will be paid in Indonesia, and the cash flows will need to be brought on the books on Indian power project after paying taxes in Indonesia through appropriate and innovative business structuring,” said Dipu.

Banmali Agarwala, executive director and head of business development at Tata Power said, “The increased pricing will definitely affect the cost of generation and we are trying to work out a strategy to handle the additional hike.”

Adani group that sources coal from its mines in Indonesia is also expected to be affected by this regulation, as Adani Enterprises has direct stake in Bunyu mines in Indonesia. Adani Power has contracted to procure 4.6 mtpa coal from Adani Enterprises at $36 per tonne. However, the total import requirement for present operational capacities is around 6 mtpa.

Vijaykumar Bupathy, senior analyst with Spark Capital Advisors, said in report that “Assuming a $50 per tonne increase in the free on board (FoB) price of coal, there would be Rs 1,040 crore incremental fuel cost to the group to the extent of the committed 4.6 mtpa of supply alone.” However, when Financial Chronicle contacted Adani Enterprises, the company said there will be no direct impact on the company, since its total cost of mining and transporting Indonesian coal to Mundra is $25 per tonne. The coal is sold to Adani Power at $36 per tonne. “Any hike in price would only increase the royalty payments by around $1 or $2 per tonne. This may have a marginal impact on the company,” said a senior finance official of Adani Enterprises.

Tata Power/BSE Rs 1,249.35 p
NSE Rs 1,249.90 p
Source: mydigitalfc (By Vikas Srivastav)



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Thursday, 08 December 16
PANAMAX: THE FIRM TENDENCY CONTINUES IN BOTH HEMISPHERES - FEARNLEY
Supramax Market remained firm - true mostly within Atlantic. Star performer USG remained its title, where Supras reached around USD 21k ...


Wednesday, 07 December 16
SHIPPING MARKET INSIGHT - THEODOROS NTALAKOS
Looking back at my previous end-of-year insights, for the last seven years, in each and every one of them, I begin with something like “there ...


Wednesday, 07 December 16
U.S. COAL PRODUCTION IS FORECAST TO INCREASE BY 2% IN 2017 - EIA
U.S. Coal production in November 2016 was 70.7 million short tons (MMst), the third time this year monthly production exceeded 70 MMst, says EIA. ...


Wednesday, 07 December 16
IT'S BEEN YET ANOTHER TURBULENT COUPLE OF DAYS..... - GEORGE LAZARIDIS
It’s been yet another turbulent couple of days, with a significant number of news headlines shaking up  markets. On Friday we had & ...


Monday, 05 December 16
INDIAN HYDROPOWER PRODUCTION AT LOWEST LEVEL SINCE 2012, SAYS COMMODORE RESEARCH
According to Commodore Research, the first eleven months of this year have seen India’s overall electricity production total approximately 1. ...


   281 282 283 284 285   
Showing 1411 to 1415 news of total 6091
News by Category
Popular News
 
Total Members : 27,085
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Wilmar Investment Holdings
  • Ince & co LLP
  • Minerals Council of Australia
  • Geoservices-GeoAssay Lab
  • Indonesian Coal Mining Association
  • PetroVietnam
  • Surastha Cement
  • Russian Coal LLC
  • SUEK AG - Indonesia
  • Central Java Power - Indonesia
  • Directorate General of MIneral and Coal - Indonesia
  • Videocon Industries ltd - India
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Inspectorate - India
  • Adani Power Ltd - India
  • SASOL - South Africa
  • Cardiff University - UK
  • Kobe Steel Ltd - Japan
  • Leighton Contractors Pty Ltd - Australia
  • Indo Tambangraya Megah - Indonesia
  • Manunggal Multi Energi - Indonesia
  • Thriveni
  • IMC Shipping - Singapore
  • New Zealand Coal & Carbon
  • Kepco SPC Power Corporation, Philippines
  • Semirara Mining Corp, Philippines
  • GHCL Limited - India
  • Riau Bara Harum - Indonesia
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Samtan Co., Ltd - South Korea
  • Arch Coal - USA
  • Kartika Selabumi Mining - Indonesia
  • Australian Commodity Traders Exchange
  • Bangladesh Power Developement Board
  • Bulk Trading Sa - Switzerland
  • Indian School of Mines
  • Jatenergy - Australia
  • Thermax Limited - India
  • Adaro Indonesia
  • Siam City Cement PLC, Thailand
  • Siam City Cement - Thailand
  • Kohat Cement Company Ltd. - Pakistan
  • Freeport Indonesia
  • Total Coal South Africa
  • SMG Consultants - Indonesia
  • Barasentosa Lestari - Indonesia
  • Ambuja Cements Ltd - India
  • Jindal Steel & Power Ltd - India
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Carbofer General Trading SA - India
  • Parliament of New Zealand
  • Madhucon Powers Ltd - India
  • Maharashtra Electricity Regulatory Commission - India
  • RBS Sempra - UK
  • CESC Limited - India
  • KPMG - USA
  • Simpson Spence & Young - Indonesia
  • Ministry of Finance - Indonesia
  • Heidelberg Cement - Germany
  • Deloitte Consulting - India
  • Interocean Group of Companies - India
  • Essar Steel Hazira Ltd - India
  • Neyveli Lignite Corporation Ltd, - India
  • Iligan Light & Power Inc, Philippines
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Vedanta Resources Plc - India
  • Barclays Capital - USA
  • Pipit Mutiara Jaya. PT, Indonesia
  • Arutmin Indonesia
  • Sojitz Corporation - Japan
  • Karaikal Port Pvt Ltd - India
  • Bhoruka Overseas - Indonesia
  • International Coal Ventures Pvt Ltd - India
  • Gujarat Electricity Regulatory Commission - India
  • Gupta Coal India Ltd
  • ING Bank NV - Singapore
  • Thomson Reuters GRC
  • DBS Bank - Singapore
  • Toyota Tsusho Corporation, Japan
  • Humpuss - Indonesia
  • KOWEPO - South Korea
  • Deutsche Bank - India
  • EMO - The Netherlands
  • PLN - Indonesia
  • Banpu Public Company Limited - Thailand
  • SMC Global Power, Philippines
  • Anglo American - United Kingdom
  • Sucofindo - Indonesia
  • Idemitsu - Japan
  • Lafarge - France
  • Africa Commodities Group - South Africa
  • European Bulk Services B.V. - Netherlands
  • Petrosea - Indonesia
  • White Energy Company Limited
  • McKinsey & Co - India
  • Glencore India Pvt. Ltd
  • Coastal Gujarat Power Limited - India
  • Ministry of Transport, Egypt
  • Bhushan Steel Limited - India
  • GB Group - China
  • Mercator Lines Limited - India
  • Kideco Jaya Agung - Indonesia
  • Argus Media - Singapore
  • Cebu Energy, Philippines
  • Holcim Trading Pte Ltd - Singapore
  • Formosa Plastics Group - Taiwan
  • Tanito Harum - Indonesia
  • Uttam Galva Steels Limited - India
  • Trasteel International SA, Italy
  • Cosco
  • The India Cements Ltd
  • Rio Tinto Coal - Australia
  • Semirara Mining and Power Corporation, Philippines
  • Core Mineral Indonesia
  • Mechel - Russia
  • Karbindo Abesyapradhi - Indoneisa
  • Romanian Commodities Exchange
  • Directorate Of Revenue Intelligence - India
  • Fearnleys - India
  • Orica Mining Services - Indonesia
  • Global Business Power Corporation, Philippines
  • Coal India Limited
  • Enel Italy
  • Indonesia Power. PT
  • ANZ Bank - Australia
  • Maruti Cements - India
  • Thailand Anthracite
  • CoalTek, United States
  • Coal and Oil Company - UAE
  • J M Baxi & Co - India
  • TGV SRAAC LIMITED, India
  • South Luzon Thermal Energy Corporation
  • GVK Power & Infra Limited - India
  • Sinarmas Energy and Mining - Indonesia
  • GMR Energy Limited - India
  • Thiess Contractors Indonesia
  • Maybank - Singapore
  • Sakthi Sugars Limited - India
  • PowerSource Philippines DevCo
  • Cargill India Pvt Ltd
  • Indogreen Group - Indonesia
  • Cigading International Bulk Terminal - Indonesia
  • Xindia Steels Limited - India
  • LBH Netherlands Bv - Netherlands
  • Moodys - Singapore
  • HSBC - Hong Kong
  • Peabody Energy - USA
  • IEA Clean Coal Centre - UK
  • Sarangani Energy Corporation, Philippines
  • Runge Indonesia
  • Kaltim Prima Coal - Indonesia
  • Wood Mackenzie - Singapore
  • Mitra SK Pvt Ltd - India
  • ASAPP Information Group - India
  • bp singapore
  • Samsung - South Korea
  • Bharathi Cement Corporation - India
  • SRK Consulting
  • Alfred C Toepfer International GmbH - Germany
  • Britmindo - Indonesia
  • Intertek Mineral Services - Indonesia
  • Berau Coal - Indonesia
  • Maersk Broker
  • The Treasury - Australian Government
  • OCBC - Singapore
  • Kobexindo Tractors - Indoneisa
  • Borneo Indobara - Indonesia
  • Electricity Generating Authority of Thailand
  • Rudhra Energy - India
  • Inco-Indonesia
  • Ind-Barath Power Infra Limited - India
  • Bank of China, Malaysia
  • Sindya Power Generating Company Private Ltd
  • SN Aboitiz Power Inc, Philippines
  • Meenaskhi Energy Private Limited - India
  • Billiton Holdings Pty Ltd - Australia
  • Kumho Petrochemical, South Korea
  • Petrochimia International Co. Ltd.- Taiwan
  • PNOC Exploration Corporation - Philippines
  • Parry Sugars Refinery, India
  • Altura Mining Limited, Indonesia
  • India Bulls Power Limited - India
  • Medco Energi Mining Internasional
  • GN Power Mariveles Coal Plant, Philippines
  • WorleyParsons
  • Aditya Birla Group - India
  • Jorong Barutama Greston.PT - Indonesia
  • Star Paper Mills Limited - India
  • Gresik Semen - Indonesia
  • JPMorgan - India
  • Jaiprakash Power Ventures ltd
  • Edison Trading Spa - Italy
  • Gujarat Mineral Development Corp Ltd - India
  • Australian Coal Association
  • CCIC - Indonesia
  • Global Coal Blending Company Limited - Australia
  • Vijayanagar Sugar Pvt Ltd - India
  • Krishnapatnam Port Company Ltd. - India
  • ICICI Bank Limited - India
  • Independent Power Producers Association of India
  • Ernst & Young Pvt. Ltd.
  • VISA Power Limited - India
  • Gujarat Sidhee Cement - India
  • Qatrana Cement - Jordan
  • Tata Power - India
  • GNFC Limited - India
  • Platts
  • Coaltrans Conferences
  • KEPCO - South Korea
  • Shree Cement - India
  • Rashtriya Ispat Nigam Limited - India
  • Timah Investasi Mineral - Indoneisa
  • Georgia Ports Authority, United States
  • Attock Cement Pakistan Limited
  • Miang Besar Coal Terminal - Indonesia
  • Noble Europe Ltd - UK
  • Power Finance Corporation Ltd., India
  • Merrill Lynch Bank
  • Malco - India
  • Bukit Makmur.PT - Indonesia
  • Standard Chartered Bank - UAE
  • Platou - Singapore
  • Clarksons - UK
  • Energy Development Corp, Philippines
  • Asmin Koalindo Tuhup - Indonesia
  • Price Waterhouse Coopers - Russia
  • Dalmia Cement Bharat India
  • Bukit Asam (Persero) Tbk - Indonesia
  • Cemex - Philippines
  • Global Green Power PLC Corporation, Philippines
  • IHS Mccloskey Coal Group - USA
  • The University of Queensland
  • Japan Coal Energy Center
  • Posco Energy - South Korea
  • Antam Resourcindo - Indonesia
  • Coalindo Energy - Indonesia
  • UBS Singapore
  • Maheswari Brothers Coal Limited - India
  • World Bank
  • Renaissance Capital - South Africa
  • APGENCO India
  • EIA - United States
  • Malabar Cements Ltd - India
  • Goldman Sachs - Singapore
  • Eastern Coal Council - USA
  • Vale Mozambique
  • PetroVietnam Power Coal Import and Supply Company
  • Commonwealth Bank - Australia
  • Bank of America
  • TRAFIGURA, South Korea
  • Lanco Infratech Ltd - India
  • Mitsubishi Corporation
  • Larsen & Toubro Limited - India
  • Tata Chemicals Ltd - India
  • Bahari Cakrawala Sebuku - Indonesia
  • Coeclerici Indonesia
  • Grasim Industreis Ltd - India
  • Eastern Energy - Thailand
  • Metalloyd Limited - United Kingdom
  • TNB Fuel Sdn Bhd - Malaysia
  • ETA - Dubai
  • Vizag Seaport Private Limited - India
  • Tamil Nadu electricity Board
  • Central Electricity Authority - India
  • Mitsui
  • San Jose City I Power Corp, Philippines
  • PTC India Limited - India
  • GAC Shipping (India) Pvt Ltd
  • Indika Energy - Indonesia
  • Salva Resources Pvt Ltd - India
  • IOL Indonesia
  • Asian Development Bank
  • Permata Bank - Indonesia
  • Marubeni Corporation - India
  • Straits Asia Resources Limited - Singapore
  • MEC Coal - Indonesia
  • Baramulti Group, Indonesia
  • Pendopo Energi Batubara - Indonesia
  • KPCL - India
  • JPower - Japan
  • Kalimantan Lumbung Energi - Indonesia
  • Reliance Power - India
  • CIMB Investment Bank - Malaysia
  • McConnell Dowell - Australia
  • Chettinad Cement Corporation Ltd - India
  • Latin American Coal - Colombia
  • Thai Mozambique Logistica
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Agrawal Coal Company - India
  • Aboitiz Power Corporation - Philippines
  • Chamber of Mines of South Africa
  • Coal Orbis AG
  • Shenhua Group - China
  • Globalindo Alam Lestari - Indonesia
  • Bukit Baiduri Energy - Indonesia
  • Orica Australia Pty. Ltd.
  • Mjunction Services Limited - India
  • BRS Brokers - Singapore
  • AsiaOL BioFuels Corp., Philippines
  • Petron Corporation, Philippines
  • The State Trading Corporation of India Ltd
  • Binh Thuan Hamico - Vietnam
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • PLN Batubara - Indonesia
  • Sree Jayajothi Cements Limited - India
  • Port Waratah Coal Services - Australia
  • Infraline Energy - India
  • TANGEDCO India
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • IBC Asia (S) Pte Ltd
  • UOB Asia (HK) Ltd
  • NALCO India
  • Ceylon Electricity Board - Sri Lanka
  • Credit Suisse - India
  • CNBM International Corporation - China
  • NTPC Limited - India
  • TNPL - India
  • Economic Council, Georgia
  • Indorama - Singapore
  • Oldendorff Carriers - Singapore
  • BNP Paribas - Singapore
  • OPG Power Generation Pvt Ltd - India
  • Pinang Coal Indonesia
  • globalCOAL - UK
  • Singapore Mercantile Exchange
  • Merrill Lynch Commodities Europe
  • Ministry of Mines - Canada
  • MS Steel International - UAE
  • Panama Canal Authority
  • Kapuas Tunggal Persada - Indonesia
  • TeaM Sual Corporation - Philippines
  • U S Energy Resources
  • ACC Limited - India
  • Energy Link Ltd, New Zealand
  • Sical Logistics Limited - India
  • London Commodity Brokers - England
  • Planning Commission, India
  • Xstrata Coal
  • Bhatia International Limited - India
  • Bangkok Bank PCL
  • Meralco Power Generation, Philippines
  • SGS (Thailand) Limited
  • Makarim & Taira - Indonesia
  • Savvy Resources Ltd - HongKong
  • World Coal - UK
  • Cement Manufacturers Association - India
  • Therma Luzon, Inc, Philippines
  • Mintek Dendrill Indonesia
  • Mercuria Energy - Indonesia
  • Indian Oil Corporation Limited
  • Bayan Resources Tbk. - Indonesia
  • Asia Cement - Taiwan
  • Vitol - Bahrain