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Sunday, 23 May 10
SINGARENI LEVIES PREMIUM TO BALANCE COAL DEMAND - BUSINESS STANDARD
Business-Standard reported that, In view of the rising demand for coal, Singareni Collieries Company Limited has recently levied a premium on coal from select mines ranging from Rs 109 to 521 (US$ 2.32 - 11.10) per tonne over the basic price depending on the quality and the distance from the customers.
The new prices, which have come into effect from April, are expected to bring in an additional Rs 20 crore (US$ 4.264 million) to the coal company this year. More than the revenues, the exercise is part of the efforts to spread the customer base uniformly across the mines.
“There has been more demand for coal from certain mines. This will upset the distribution cycles,” SCCL chairman and managing director S Narsing Rao told Business Standard. However, the power utilities are exempted from the price rise.
According to Rao, there would be minor quality variations in coal across the mines. However, many were intended to have coal from only specific mines due to logistics reasons as transport costs add to the overall landing costs.
The premium, which is about 10 per cent of the base price of coal, is fixed based on the quality, availability and transportation ease, he said.
Apart from the power sector, which is the largest consumer of coal, SSCL supplies coal to agro products, brick, ceramics, chemical, dairy, distilleries, glass, leather, cement and a host of other units.(1 INR = 0.0213220 USD). To red more Business-Standard (By-B Krishna Mohan)
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Monday, 24 May 10
INDONESIAN COAL PRICE REFERENCE (HBA) FOR MAY 2010 REACHES US$ 92.07 PER TON FOB VESSEL
COALspot.com: The directorate general of mineral, coal and geothermal of Indonesia has released Indonesian coal price reference (HBA) for Month of M ...
Monday, 24 May 10
PAMA TO CLOSE COALS ACQUISITION IN 2010
Insider Stories reported that, Indonesia's largest coal mining contractor PT Pamapersada Nusantara, subsidiary of PT United Tractors Tbk (UNTR), wi ...
Saturday, 22 May 10
THE BRENT CRUDE PRICES WAS SHARPLY DOWN AT US$ 71.72 PER BARREL - VISTAAR SHIPPING
COALspot.com: The freight market was under pressure with the caps size index down by 10 pct with uncertainty in Europe crisis continuing.
The BD ...
Saturday, 22 May 10
PORT CONGESTION IN AUSTRALIA HELPING RATES CHINA COAL IMPORT BOOM TO CUSHION FREIGHT RATES
China's record coal imports this year will provide some support to freight rates but growing pressure from fleet oversupply is set to limit gains. ...
Saturday, 22 May 10
INDUSTRY QUESTIONS STEAM COAL PRICE ANOMALY
Five South Korean utilities have secured a deal for 3.13 million tonnes of Australian thermal coal with a calorific value of 6,080kcal/kg for delive ...
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- Billiton Holdings Pty Ltd - Australia
- Mjunction Services Limited - India
- Kepco SPC Power Corporation, Philippines
- Power Finance Corporation Ltd., India
- Sinarmas Energy and Mining - Indonesia
- Sical Logistics Limited - India
- Antam Resourcindo - Indonesia
- Manunggal Multi Energi - Indonesia
- Goldman Sachs - Singapore
- San Jose City I Power Corp, Philippines
- Siam City Cement PLC, Thailand
- Ministry of Finance - Indonesia
- GMR Energy Limited - India
- Altura Mining Limited, Indonesia
- Trasteel International SA, Italy
- Videocon Industries ltd - India
- Therma Luzon, Inc, Philippines
- Edison Trading Spa - Italy
- GN Power Mariveles Coal Plant, Philippines
- Mintek Dendrill Indonesia
- Georgia Ports Authority, United States
- Cement Manufacturers Association - India
- Bukit Makmur.PT - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Standard Chartered Bank - UAE
- Bukit Baiduri Energy - Indonesia
- Coal and Oil Company - UAE
- Gujarat Mineral Development Corp Ltd - India
- Karaikal Port Pvt Ltd - India
- CNBM International Corporation - China
- Baramulti Group, Indonesia
- Globalindo Alam Lestari - Indonesia
- SN Aboitiz Power Inc, Philippines
- Singapore Mercantile Exchange
- McConnell Dowell - Australia
- Tamil Nadu electricity Board
- White Energy Company Limited
- Vedanta Resources Plc - India
- Ceylon Electricity Board - Sri Lanka
- Leighton Contractors Pty Ltd - Australia
- Africa Commodities Group - South Africa
- Bhushan Steel Limited - India
- Attock Cement Pakistan Limited
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indo Tambangraya Megah - Indonesia
- Holcim Trading Pte Ltd - Singapore
- AsiaOL BioFuels Corp., Philippines
- Central Electricity Authority - India
- Planning Commission, India
- New Zealand Coal & Carbon
- MS Steel International - UAE
- Uttam Galva Steels Limited - India
- Malabar Cements Ltd - India
- India Bulls Power Limited - India
- Marubeni Corporation - India
- South Luzon Thermal Energy Corporation
- Barasentosa Lestari - Indonesia
- GVK Power & Infra Limited - India
- Coastal Gujarat Power Limited - India
- PowerSource Philippines DevCo
- Electricity Authority, New Zealand
- Lanco Infratech Ltd - India
- Larsen & Toubro Limited - India
- Latin American Coal - Colombia
- Directorate Of Revenue Intelligence - India
- Timah Investasi Mineral - Indoneisa
- Jindal Steel & Power Ltd - India
- Commonwealth Bank - Australia
- Anglo American - United Kingdom
- Wood Mackenzie - Singapore
- Ministry of Mines - Canada
- GAC Shipping (India) Pvt Ltd
- Savvy Resources Ltd - HongKong
- Ind-Barath Power Infra Limited - India
- Riau Bara Harum - Indonesia
- Economic Council, Georgia
- Petrochimia International Co. Ltd.- Taiwan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Green Power PLC Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Xindia Steels Limited - India
- Kapuas Tunggal Persada - Indonesia
- Agrawal Coal Company - India
- Australian Commodity Traders Exchange
- The State Trading Corporation of India Ltd
- Romanian Commodities Exchange
- Global Coal Blending Company Limited - Australia
- Heidelberg Cement - Germany
- Samtan Co., Ltd - South Korea
- European Bulk Services B.V. - Netherlands
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Eastern Coal Council - USA
- Karbindo Abesyapradhi - Indoneisa
- Maheswari Brothers Coal Limited - India
- Ambuja Cements Ltd - India
- Energy Development Corp, Philippines
- Alfred C Toepfer International GmbH - Germany
- Bharathi Cement Corporation - India
- IEA Clean Coal Centre - UK
- Energy Link Ltd, New Zealand
- Directorate General of MIneral and Coal - Indonesia
- Eastern Energy - Thailand
- Orica Mining Services - Indonesia
- SMG Consultants - Indonesia
- Bhoruka Overseas - Indonesia
- Merrill Lynch Commodities Europe
- Mercuria Energy - Indonesia
- Aditya Birla Group - India
- Indika Energy - Indonesia
- Chamber of Mines of South Africa
- Simpson Spence & Young - Indonesia
- Central Java Power - Indonesia
- Semirara Mining Corp, Philippines
- Oldendorff Carriers - Singapore
- Parry Sugars Refinery, India
- Madhucon Powers Ltd - India
- Indonesian Coal Mining Association
- Neyveli Lignite Corporation Ltd, - India
- Chettinad Cement Corporation Ltd - India
- Wilmar Investment Holdings
- Toyota Tsusho Corporation, Japan
- Bangladesh Power Developement Board
- Rio Tinto Coal - Australia
- The Treasury - Australian Government
- Meenaskhi Energy Private Limited - India
- Indogreen Group - Indonesia
- Sindya Power Generating Company Private Ltd
- Interocean Group of Companies - India
- Borneo Indobara - Indonesia
- Indian Energy Exchange, India
- LBH Netherlands Bv - Netherlands
- PetroVietnam Power Coal Import and Supply Company
- Dalmia Cement Bharat India
- Kideco Jaya Agung - Indonesia
- Carbofer General Trading SA - India
- Medco Energi Mining Internasional
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jaiprakash Power Ventures ltd
- Formosa Plastics Group - Taiwan
- Grasim Industreis Ltd - India
- Pendopo Energi Batubara - Indonesia
- Independent Power Producers Association of India
- International Coal Ventures Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- The University of Queensland
- Bayan Resources Tbk. - Indonesia
- Iligan Light & Power Inc, Philippines
- Kobexindo Tractors - Indoneisa
- Metalloyd Limited - United Kingdom
- ASAPP Information Group - India
- Mercator Lines Limited - India
- OPG Power Generation Pvt Ltd - India
- Gujarat Sidhee Cement - India
- TeaM Sual Corporation - Philippines
- Makarim & Taira - Indonesia
- Sree Jayajothi Cements Limited - India
- Electricity Generating Authority of Thailand
- Port Waratah Coal Services - Australia
- Straits Asia Resources Limited - Singapore
- Renaissance Capital - South Africa
- PTC India Limited - India
- Gujarat Electricity Regulatory Commission - India
- Bhatia International Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Krishnapatnam Port Company Ltd. - India
- Kalimantan Lumbung Energi - Indonesia
- Aboitiz Power Corporation - Philippines
- ICICI Bank Limited - India
- Deloitte Consulting - India
- Kartika Selabumi Mining - Indonesia
- Salva Resources Pvt Ltd - India
- Coalindo Energy - Indonesia
- Kumho Petrochemical, South Korea
- Star Paper Mills Limited - India
- VISA Power Limited - India
- Meralco Power Generation, Philippines
- Orica Australia Pty. Ltd.
- Australian Coal Association
- Parliament of New Zealand
- Semirara Mining and Power Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Bukit Asam (Persero) Tbk - Indonesia
- Siam City Cement - Thailand
- Asmin Koalindo Tuhup - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Minerals Council of Australia
- CIMB Investment Bank - Malaysia
- PNOC Exploration Corporation - Philippines
- Essar Steel Hazira Ltd - India
- Tata Chemicals Ltd - India
- Intertek Mineral Services - Indonesia
- Thiess Contractors Indonesia
- Banpu Public Company Limited - Thailand
- Sojitz Corporation - Japan
- Binh Thuan Hamico - Vietnam
- SMC Global Power, Philippines
- Vizag Seaport Private Limited - India
- Sarangani Energy Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Global Business Power Corporation, Philippines
- Petron Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Indian Oil Corporation Limited
- Thai Mozambique Logistica
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Transport, Egypt
- Sakthi Sugars Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Miang Besar Coal Terminal - Indonesia
- Posco Energy - South Korea
- Bulk Trading Sa - Switzerland
- Price Waterhouse Coopers - Russia
- London Commodity Brokers - England
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