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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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Thursday, 13 May 10
ACTIVITY ON WEST COAST INDIA IS SLOWING - FEARNLEYS AS
DRY BULK CHARTERING
Handy
Atlantic markets remain firm but more for end May/beg June dates as there seems to be more enquiries for those dates. ...
Thursday, 13 May 10
DRY BULK SHIP OWNERS CHEERFUL AMID MARKET RALLY
China’s appetite for raw materials like iron ore and coal, as well as a series of added factors are boosting demand for dry bulk carriers, hel ...
Wednesday, 12 May 10
BANPU'S Q1 PROFIT SLIDES 43% TO B2.71BN - BANGKOK POST
The Bangkokpost reported that, Banpu Plc posted a first-quarter net profit of 2.71 billion baht, down by 43% from the same period last year.
The ...
Tuesday, 11 May 10
DALRYMPLE BAY COAL EXPORTS HIGHEST SINCE JULY; NEWCASTLE FALLS - BLOOMBERG
Bloomberg reported that, Coal shipments from Australia’s Dalrymple Bay terminal in Queensland state rose to the highest in nine months in Apri ...
Tuesday, 11 May 10
DRY BULK RATES SHOOT UP ON STRONG CARGO DEMAND
The dry bulk industry’s benchmark, the Baltic Dry Index (BDI) has kept its momentum, as predicted by analysts and shipping experts, managing t ...
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- Kohat Cement Company Ltd. - Pakistan
- Eastern Energy - Thailand
- Carbofer General Trading SA - India
- Petrochimia International Co. Ltd.- Taiwan
- Bharathi Cement Corporation - India
- South Luzon Thermal Energy Corporation
- Mintek Dendrill Indonesia
- Sinarmas Energy and Mining - Indonesia
- Intertek Mineral Services - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Bukit Makmur.PT - Indonesia
- TeaM Sual Corporation - Philippines
- Merrill Lynch Commodities Europe
- Planning Commission, India
- Jindal Steel & Power Ltd - India
- CIMB Investment Bank - Malaysia
- Meralco Power Generation, Philippines
- VISA Power Limited - India
- Australian Commodity Traders Exchange
- Savvy Resources Ltd - HongKong
- Global Coal Blending Company Limited - Australia
- PowerSource Philippines DevCo
- New Zealand Coal & Carbon
- Bhushan Steel Limited - India
- The University of Queensland
- Interocean Group of Companies - India
- Thiess Contractors Indonesia
- Karaikal Port Pvt Ltd - India
- Cement Manufacturers Association - India
- Bukit Baiduri Energy - Indonesia
- Star Paper Mills Limited - India
- Energy Development Corp, Philippines
- Central Electricity Authority - India
- Petron Corporation, Philippines
- Medco Energi Mining Internasional
- Minerals Council of Australia
- Makarim & Taira - Indonesia
- Central Java Power - Indonesia
- GAC Shipping (India) Pvt Ltd
- Ministry of Finance - Indonesia
- PTC India Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Bhoruka Overseas - Indonesia
- Timah Investasi Mineral - Indoneisa
- Directorate General of MIneral and Coal - Indonesia
- SMC Global Power, Philippines
- Tamil Nadu electricity Board
- Formosa Plastics Group - Taiwan
- Economic Council, Georgia
- Kobexindo Tractors - Indoneisa
- Romanian Commodities Exchange
- Asmin Koalindo Tuhup - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Trasteel International SA, Italy
- Salva Resources Pvt Ltd - India
- Indika Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Global Business Power Corporation, Philippines
- Bhatia International Limited - India
- Vizag Seaport Private Limited - India
- Parry Sugars Refinery, India
- Dalmia Cement Bharat India
- Price Waterhouse Coopers - Russia
- Indo Tambangraya Megah - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Ambuja Cements Ltd - India
- Aboitiz Power Corporation - Philippines
- Therma Luzon, Inc, Philippines
- Edison Trading Spa - Italy
- Iligan Light & Power Inc, Philippines
- Attock Cement Pakistan Limited
- Sical Logistics Limited - India
- Agrawal Coal Company - India
- Kepco SPC Power Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- White Energy Company Limited
- Bayan Resources Tbk. - Indonesia
- Commonwealth Bank - Australia
- Kapuas Tunggal Persada - Indonesia
- Georgia Ports Authority, United States
- Globalindo Alam Lestari - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Bahari Cakrawala Sebuku - Indonesia
- Altura Mining Limited, Indonesia
- Coalindo Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Oldendorff Carriers - Singapore
- Kumho Petrochemical, South Korea
- Jorong Barutama Greston.PT - Indonesia
- Mjunction Services Limited - India
- Marubeni Corporation - India
- Goldman Sachs - Singapore
- The State Trading Corporation of India Ltd
- Billiton Holdings Pty Ltd - Australia
- Mercator Lines Limited - India
- ASAPP Information Group - India
- Ceylon Electricity Board - Sri Lanka
- Binh Thuan Hamico - Vietnam
- PNOC Exploration Corporation - Philippines
- Electricity Generating Authority of Thailand
- Africa Commodities Group - South Africa
- Parliament of New Zealand
- European Bulk Services B.V. - Netherlands
- Semirara Mining Corp, Philippines
- Ministry of Transport, Egypt
- Bangladesh Power Developement Board
- Power Finance Corporation Ltd., India
- TNB Fuel Sdn Bhd - Malaysia
- Essar Steel Hazira Ltd - India
- GVK Power & Infra Limited - India
- Rio Tinto Coal - Australia
- Wilmar Investment Holdings
- Xindia Steels Limited - India
- Deloitte Consulting - India
- Krishnapatnam Port Company Ltd. - India
- LBH Netherlands Bv - Netherlands
- Tata Chemicals Ltd - India
- Chettinad Cement Corporation Ltd - India
- Baramulti Group, Indonesia
- Sojitz Corporation - Japan
- McConnell Dowell - Australia
- Kalimantan Lumbung Energi - Indonesia
- Renaissance Capital - South Africa
- Thai Mozambique Logistica
- The Treasury - Australian Government
- Alfred C Toepfer International GmbH - Germany
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indian Oil Corporation Limited
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Siam City Cement - Thailand
- GMR Energy Limited - India
- Kaltim Prima Coal - Indonesia
- Samtan Co., Ltd - South Korea
- Vijayanagar Sugar Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Anglo American - United Kingdom
- Heidelberg Cement - Germany
- Sakthi Sugars Limited - India
- CNBM International Corporation - China
- Orica Australia Pty. Ltd.
- Meenaskhi Energy Private Limited - India
- Directorate Of Revenue Intelligence - India
- Australian Coal Association
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Electricity Regulatory Commission - India
- London Commodity Brokers - England
- Bulk Trading Sa - Switzerland
- SMG Consultants - Indonesia
- MS Steel International - UAE
- Coal and Oil Company - UAE
- Kartika Selabumi Mining - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Ministry of Mines - Canada
- Singapore Mercantile Exchange
- Borneo Indobara - Indonesia
- Energy Link Ltd, New Zealand
- Grasim Industreis Ltd - India
- Aditya Birla Group - India
- Videocon Industries ltd - India
- SN Aboitiz Power Inc, Philippines
- Gujarat Sidhee Cement - India
- Port Waratah Coal Services - Australia
- Indian Energy Exchange, India
- Cigading International Bulk Terminal - Indonesia
- IEA Clean Coal Centre - UK
- Barasentosa Lestari - Indonesia
- Wood Mackenzie - Singapore
- Chamber of Mines of South Africa
- Standard Chartered Bank - UAE
- San Jose City I Power Corp, Philippines
- Indonesian Coal Mining Association
- Indogreen Group - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- IHS Mccloskey Coal Group - USA
- Semirara Mining and Power Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Orica Mining Services - Indonesia
- OPG Power Generation Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Independent Power Producers Association of India
- Ind-Barath Power Infra Limited - India
- Global Green Power PLC Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Uttam Galva Steels Limited - India
- Vedanta Resources Plc - India
- India Bulls Power Limited - India
- Riau Bara Harum - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Latin American Coal - Colombia
- Larsen & Toubro Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mercuria Energy - Indonesia
- Coastal Gujarat Power Limited - India
- International Coal Ventures Pvt Ltd - India
- Eastern Coal Council - USA
- Electricity Authority, New Zealand
- Siam City Cement PLC, Thailand
- Metalloyd Limited - United Kingdom
- Sree Jayajothi Cements Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Posco Energy - South Korea
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sarangani Energy Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Maheswari Brothers Coal Limited - India
- Simpson Spence & Young - Indonesia
- Pendopo Energi Batubara - Indonesia
- Jaiprakash Power Ventures ltd
- Manunggal Multi Energi - Indonesia
- Lanco Infratech Ltd - India
- Malabar Cements Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Madhucon Powers Ltd - India
- ICICI Bank Limited - India
- Antam Resourcindo - Indonesia
- Sindya Power Generating Company Private Ltd
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