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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, 11 August 11
INDO TAMBANGRAYA 1H NET PROFIT SOARS 53.09%
Coal miner PT Indo Tambangraya Megah Tbk (ITMG) today reported a 53.09% jump in net profit for the first 6 months of this year on the back of higher ...
Wednesday, 10 August 11
KILLARA RESOURCES TO ACQUIRE SIX COAL CONCESSIONS OF TASON HOLDINGS
COALspot.com - Killara Resources Limited, an Australian listed company has formed PT Tavesco Killara Energy (TKE), a joint company with PT Tavesco I ...
Wednesday, 10 August 11
RESOURCE NATIONALISM IS MAIN BUSINESS RISK FOR MINING SECTORS, E&Y SURVEY
Resource nationalism is top of the business risk list for mining and metals companies around the world, while supply capacity constraint issues cont ...
Wednesday, 10 August 11
INDONESIAN COAL MINING ASSOCIATION OPPOSES LOW-GRADE COAL EXPORT BAN
COALspot.com - The Indonesian Coal Mining Association (ICMA) frowns on and challenges the government plan to ban the low-grade coal export inf ...
Wednesday, 10 August 11
ABM INVESTAMA TO OFFLOAD 20% IPO
Integrated coal mining PT ABM Investama, affiliated company of Tiara Marga Trakindo Group, aims to dispose 20% stake during an initial public offeri ...
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- Ceylon Electricity Board - Sri Lanka
- Miang Besar Coal Terminal - Indonesia
- Energy Development Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Simpson Spence & Young - Indonesia
- Attock Cement Pakistan Limited
- PetroVietnam Power Coal Import and Supply Company
- Petrochimia International Co. Ltd.- Taiwan
- Sindya Power Generating Company Private Ltd
- Antam Resourcindo - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Globalindo Alam Lestari - Indonesia
- Central Java Power - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Singapore Mercantile Exchange
- Chettinad Cement Corporation Ltd - India
- Savvy Resources Ltd - HongKong
- Chamber of Mines of South Africa
- Bukit Asam (Persero) Tbk - Indonesia
- Larsen & Toubro Limited - India
- Australian Coal Association
- Marubeni Corporation - India
- Toyota Tsusho Corporation, Japan
- Malabar Cements Ltd - India
- Aditya Birla Group - India
- White Energy Company Limited
- Star Paper Mills Limited - India
- Binh Thuan Hamico - Vietnam
- Indogreen Group - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Electricity Generating Authority of Thailand
- Jaiprakash Power Ventures ltd
- Global Green Power PLC Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Ministry of Finance - Indonesia
- Commonwealth Bank - Australia
- Manunggal Multi Energi - Indonesia
- Xindia Steels Limited - India
- Parry Sugars Refinery, India
- PowerSource Philippines DevCo
- Mercuria Energy - Indonesia
- Petron Corporation, Philippines
- Bhatia International Limited - India
- PTC India Limited - India
- Intertek Mineral Services - Indonesia
- Kumho Petrochemical, South Korea
- Oldendorff Carriers - Singapore
- Bukit Makmur.PT - Indonesia
- Deloitte Consulting - India
- Planning Commission, India
- Mjunction Services Limited - India
- International Coal Ventures Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SN Aboitiz Power Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Electricity Authority, New Zealand
- Bharathi Cement Corporation - India
- Indian Oil Corporation Limited
- Karaikal Port Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Indian Energy Exchange, India
- Bahari Cakrawala Sebuku - Indonesia
- Bhoruka Overseas - Indonesia
- Alfred C Toepfer International GmbH - Germany
- CNBM International Corporation - China
- Leighton Contractors Pty Ltd - Australia
- Port Waratah Coal Services - Australia
- Bayan Resources Tbk. - Indonesia
- Metalloyd Limited - United Kingdom
- TeaM Sual Corporation - Philippines
- Wood Mackenzie - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Lanco Infratech Ltd - India
- Sarangani Energy Corporation, Philippines
- Coalindo Energy - Indonesia
- Meralco Power Generation, Philippines
- Cement Manufacturers Association - India
- MS Steel International - UAE
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Iligan Light & Power Inc, Philippines
- GVK Power & Infra Limited - India
- Meenaskhi Energy Private Limited - India
- Posco Energy - South Korea
- SMG Consultants - Indonesia
- Ambuja Cements Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Mintek Dendrill Indonesia
- Interocean Group of Companies - India
- Salva Resources Pvt Ltd - India
- Renaissance Capital - South Africa
- Eastern Coal Council - USA
- Riau Bara Harum - Indonesia
- Georgia Ports Authority, United States
- Mercator Lines Limited - India
- Kartika Selabumi Mining - Indonesia
- Borneo Indobara - Indonesia
- OPG Power Generation Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Australian Commodity Traders Exchange
- Videocon Industries ltd - India
- GMR Energy Limited - India
- San Jose City I Power Corp, Philippines
- Kapuas Tunggal Persada - Indonesia
- Latin American Coal - Colombia
- IHS Mccloskey Coal Group - USA
- Jindal Steel & Power Ltd - India
- Makarim & Taira - Indonesia
- Global Business Power Corporation, Philippines
- Power Finance Corporation Ltd., India
- Wilmar Investment Holdings
- LBH Netherlands Bv - Netherlands
- The University of Queensland
- Samtan Co., Ltd - South Korea
- Orica Mining Services - Indonesia
- Tamil Nadu electricity Board
- Parliament of New Zealand
- Vedanta Resources Plc - India
- Eastern Energy - Thailand
- Orica Australia Pty. Ltd.
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Carbofer General Trading SA - India
- Gujarat Sidhee Cement - India
- Rashtriya Ispat Nigam Limited - India
- Straits Asia Resources Limited - Singapore
- Altura Mining Limited, Indonesia
- Coal and Oil Company - UAE
- Price Waterhouse Coopers - Russia
- Pipit Mutiara Jaya. PT, Indonesia
- McConnell Dowell - Australia
- Cigading International Bulk Terminal - Indonesia
- Minerals Council of Australia
- IEA Clean Coal Centre - UK
- Directorate Of Revenue Intelligence - India
- Bulk Trading Sa - Switzerland
- Global Coal Blending Company Limited - Australia
- South Luzon Thermal Energy Corporation
- VISA Power Limited - India
- Kobexindo Tractors - Indoneisa
- Edison Trading Spa - Italy
- Sree Jayajothi Cements Limited - India
- Grasim Industreis Ltd - India
- Goldman Sachs - Singapore
- Essar Steel Hazira Ltd - India
- Holcim Trading Pte Ltd - Singapore
- AsiaOL BioFuels Corp., Philippines
- Siam City Cement PLC, Thailand
- Thai Mozambique Logistica
- Ind-Barath Power Infra Limited - India
- Standard Chartered Bank - UAE
- Sakthi Sugars Limited - India
- ASAPP Information Group - India
- Bhushan Steel Limited - India
- Kepco SPC Power Corporation, Philippines
- Ministry of Mines - Canada
- Kaltim Prima Coal - Indonesia
- Thiess Contractors Indonesia
- Merrill Lynch Commodities Europe
- Krishnapatnam Port Company Ltd. - India
- Energy Link Ltd, New Zealand
- Sojitz Corporation - Japan
- Baramulti Group, Indonesia
- European Bulk Services B.V. - Netherlands
- Vizag Seaport Private Limited - India
- Agrawal Coal Company - India
- Maheswari Brothers Coal Limited - India
- Formosa Plastics Group - Taiwan
- The Treasury - Australian Government
- Barasentosa Lestari - Indonesia
- Indika Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Africa Commodities Group - South Africa
- Kideco Jaya Agung - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Therma Luzon, Inc, Philippines
- Semirara Mining Corp, Philippines
- Ministry of Transport, Egypt
- Karbindo Abesyapradhi - Indoneisa
- SMC Global Power, Philippines
- Timah Investasi Mineral - Indoneisa
- Independent Power Producers Association of India
- Siam City Cement - Thailand
- Aboitiz Power Corporation - Philippines
- Rio Tinto Coal - Australia
- Coastal Gujarat Power Limited - India
- London Commodity Brokers - England
- Central Electricity Authority - India
- Trasteel International SA, Italy
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Madhucon Powers Ltd - India
- Bangladesh Power Developement Board
- Asmin Koalindo Tuhup - Indonesia
- Romanian Commodities Exchange
- CIMB Investment Bank - Malaysia
- Dalmia Cement Bharat India
- Semirara Mining and Power Corporation, Philippines
- India Bulls Power Limited - India
- Sical Logistics Limited - India
- Heidelberg Cement - Germany
- Indo Tambangraya Megah - Indonesia
- Banpu Public Company Limited - Thailand
- Pendopo Energi Batubara - Indonesia
- The State Trading Corporation of India Ltd
- ICICI Bank Limited - India
- Kohat Cement Company Ltd. - Pakistan
- PNOC Exploration Corporation - Philippines
- Economic Council, Georgia
- Sinarmas Energy and Mining - Indonesia
- Anglo American - United Kingdom
- Indonesian Coal Mining Association
- Tata Chemicals Ltd - India
- Medco Energi Mining Internasional
- Maharashtra Electricity Regulatory Commission - India
- New Zealand Coal & Carbon
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