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Wednesday, 25 August 10
GOVT SHOULD ALLOW DUTY-FREE IMPORT OF THERMAL COAL: ASSOCHAM
Industry body Assocham Wednesday said the government should allow duty free import of thermal coal to bring down power tariffs in the country.
"The government should bring down customs duty on import of steam coal for coal-based power plants so that power generated reach out to masses at affordable rates," the chamber said in a statement.
Import duty on thermal (steam) coal is five percent.
Power tariffs in the country are already very high, it said.
"The levy of customs duty only leads to an increased cost of generating power, which will have a cascading effect on all the goods and services," it said.
It said, as thermal power plants would be a major source for generating electricity, country's dependence on coal import would continue to grow, in case production from captive blocks do not come as envisaged.
The current demand-supply gap is estimated at 80 million tonnes and likely to double in the next few years.
During April-December 2009, the consumption of coal by power sector was 271.0 million tonnes, Assocham said. (PTI)
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Thursday, 08 September 11
TRADA MARITIME BUYS GUNUNG BARA UTAMA
Insider Stories reported that, PT Trada Maritime Tbk (TRAM) has purchased convertible bonds issued by PT Awesome Coal from Zakia Limited. The memora ...
Thursday, 08 September 11
PETROSEA ADDS US$730 MIO CONTRACT
Coal mining contractor PT Petrosea Tbk (PTRO), a majority owned subsidiary of energy integrated company PT Indika Energy Tbk (INDY), has secured a U ...
Wednesday, 07 September 11
ANOTHER EXCEPTIONALLY STRONG WEEK FOR THE CAPESIZE MARKET - BRS
The very strong rise in Cape rates pushed through an overall improvement in the BDI this week, although relatively little benefit from the Capes has ...
Wednesday, 07 September 11
INDIA HIT BY INDONESIAS COAL PRICE - TEMPO INTERACTIVE
TEMPO Interactive, an Indonesian online news portal reported that, The Indian government has complained about the price increase of Indonesian coal, ...
Wednesday, 07 September 11
SAMPUR POWER AGREEMENT SIGNED - DAILY NEWS
Daily News, Sri Lank's national news paper reported that, the agreement for the setting up of a 500 MW coal-fired power plant at Sampur, Trincomale ...
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- Kalimantan Lumbung Energi - Indonesia
- Oldendorff Carriers - Singapore
- Star Paper Mills Limited - India
- Ministry of Mines - Canada
- Asmin Koalindo Tuhup - Indonesia
- Semirara Mining Corp, Philippines
- Heidelberg Cement - Germany
- Ministry of Transport, Egypt
- Wood Mackenzie - Singapore
- India Bulls Power Limited - India
- Kumho Petrochemical, South Korea
- Metalloyd Limited - United Kingdom
- Kohat Cement Company Ltd. - Pakistan
- Posco Energy - South Korea
- Ministry of Finance - Indonesia
- Jindal Steel & Power Ltd - India
- PNOC Exploration Corporation - Philippines
- Intertek Mineral Services - Indonesia
- Electricity Authority, New Zealand
- Samtan Co., Ltd - South Korea
- Merrill Lynch Commodities Europe
- Bayan Resources Tbk. - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Petron Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Kartika Selabumi Mining - Indonesia
- San Jose City I Power Corp, Philippines
- Chettinad Cement Corporation Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Orica Mining Services - Indonesia
- Central Java Power - Indonesia
- Agrawal Coal Company - India
- SMG Consultants - Indonesia
- Mintek Dendrill Indonesia
- Power Finance Corporation Ltd., India
- Singapore Mercantile Exchange
- Manunggal Multi Energi - Indonesia
- Sarangani Energy Corporation, Philippines
- Madhucon Powers Ltd - India
- LBH Netherlands Bv - Netherlands
- Siam City Cement - Thailand
- Kapuas Tunggal Persada - Indonesia
- CIMB Investment Bank - Malaysia
- Directorate Of Revenue Intelligence - India
- Georgia Ports Authority, United States
- Mercator Lines Limited - India
- Iligan Light & Power Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Barasentosa Lestari - Indonesia
- Siam City Cement PLC, Thailand
- Xindia Steels Limited - India
- Australian Commodity Traders Exchange
- Pipit Mutiara Jaya. PT, Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Straits Asia Resources Limited - Singapore
- Price Waterhouse Coopers - Russia
- Energy Link Ltd, New Zealand
- Marubeni Corporation - India
- IEA Clean Coal Centre - UK
- Deloitte Consulting - India
- Dalmia Cement Bharat India
- Holcim Trading Pte Ltd - Singapore
- Videocon Industries ltd - India
- Central Electricity Authority - India
- Semirara Mining and Power Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Cigading International Bulk Terminal - Indonesia
- MS Steel International - UAE
- Vijayanagar Sugar Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Banpu Public Company Limited - Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Edison Trading Spa - Italy
- Indo Tambangraya Megah - Indonesia
- Medco Energi Mining Internasional
- Sree Jayajothi Cements Limited - India
- Antam Resourcindo - Indonesia
- Bhatia International Limited - India
- Global Green Power PLC Corporation, Philippines
- Borneo Indobara - Indonesia
- Aboitiz Power Corporation - Philippines
- New Zealand Coal & Carbon
- Australian Coal Association
- Bukit Makmur.PT - Indonesia
- Coal and Oil Company - UAE
- Ambuja Cements Ltd - India
- Anglo American - United Kingdom
- Gujarat Electricity Regulatory Commission - India
- Ind-Barath Power Infra Limited - India
- GMR Energy Limited - India
- Gujarat Sidhee Cement - India
- Parry Sugars Refinery, India
- Independent Power Producers Association of India
- Tamil Nadu electricity Board
- Attock Cement Pakistan Limited
- Karaikal Port Pvt Ltd - India
- Tata Chemicals Ltd - India
- Indian Oil Corporation Limited
- Bulk Trading Sa - Switzerland
- Goldman Sachs - Singapore
- Kobexindo Tractors - Indoneisa
- International Coal Ventures Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Baramulti Group, Indonesia
- CNBM International Corporation - China
- AsiaOL BioFuels Corp., Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Electricity Generating Authority of Thailand
- White Energy Company Limited
- Toyota Tsusho Corporation, Japan
- Vedanta Resources Plc - India
- SMC Global Power, Philippines
- Riau Bara Harum - Indonesia
- Globalindo Alam Lestari - Indonesia
- Bangladesh Power Developement Board
- Kepco SPC Power Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Bukit Baiduri Energy - Indonesia
- Minerals Council of Australia
- Alfred C Toepfer International GmbH - Germany
- Chamber of Mines of South Africa
- Directorate General of MIneral and Coal - Indonesia
- The Treasury - Australian Government
- Bhoruka Overseas - Indonesia
- ICICI Bank Limited - India
- Aditya Birla Group - India
- Eastern Energy - Thailand
- Miang Besar Coal Terminal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Cement Manufacturers Association - India
- Renaissance Capital - South Africa
- Global Coal Blending Company Limited - Australia
- Carbofer General Trading SA - India
- The State Trading Corporation of India Ltd
- Pendopo Energi Batubara - Indonesia
- Indika Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Binh Thuan Hamico - Vietnam
- Karbindo Abesyapradhi - Indoneisa
- IHS Mccloskey Coal Group - USA
- Grasim Industreis Ltd - India
- Jaiprakash Power Ventures ltd
- Maheswari Brothers Coal Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indogreen Group - Indonesia
- Mjunction Services Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Meralco Power Generation, Philippines
- Larsen & Toubro Limited - India
- Meenaskhi Energy Private Limited - India
- Bharathi Cement Corporation - India
- Uttam Galva Steels Limited - India
- Planning Commission, India
- Wilmar Investment Holdings
- Thiess Contractors Indonesia
- Essar Steel Hazira Ltd - India
- Savvy Resources Ltd - HongKong
- Salva Resources Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- PTC India Limited - India
- Africa Commodities Group - South Africa
- Makarim & Taira - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Rio Tinto Coal - Australia
- Romanian Commodities Exchange
- Bahari Cakrawala Sebuku - Indonesia
- Commonwealth Bank - Australia
- PetroVietnam Power Coal Import and Supply Company
- Parliament of New Zealand
- Orica Australia Pty. Ltd.
- Malabar Cements Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Bhushan Steel Limited - India
- Latin American Coal - Colombia
- PowerSource Philippines DevCo
- Thai Mozambique Logistica
- Energy Development Corp, Philippines
- Indian Energy Exchange, India
- TeaM Sual Corporation - Philippines
- Kaltim Prima Coal - Indonesia
- Timah Investasi Mineral - Indoneisa
- GN Power Mariveles Coal Plant, Philippines
- The University of Queensland
- Sindya Power Generating Company Private Ltd
- Billiton Holdings Pty Ltd - Australia
- Lanco Infratech Ltd - India
- Coalindo Energy - Indonesia
- London Commodity Brokers - England
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indonesian Coal Mining Association
- ASAPP Information Group - India
- Sojitz Corporation - Japan
- Eastern Coal Council - USA
- Krishnapatnam Port Company Ltd. - India
- Economic Council, Georgia
- Sical Logistics Limited - India
- Trasteel International SA, Italy
- Global Business Power Corporation, Philippines
- Formosa Plastics Group - Taiwan
- European Bulk Services B.V. - Netherlands
- Interocean Group of Companies - India
- Standard Chartered Bank - UAE
- TNB Fuel Sdn Bhd - Malaysia
- Petrochimia International Co. Ltd.- Taiwan
- Mercuria Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- GVK Power & Infra Limited - India
- Sinarmas Energy and Mining - Indonesia
- Simpson Spence & Young - Indonesia
- VISA Power Limited - India
- Vizag Seaport Private Limited - India
- Sakthi Sugars Limited - India
- Altura Mining Limited, Indonesia
- South Luzon Thermal Energy Corporation
- McConnell Dowell - Australia
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