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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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Friday, 05 August 11
RIO TINTO SIGNS MOU WITH JINDAL STEEL AND POWER ON ADVANCING HISMELT TECHNOLOGY
Press Release - Rio Tinto has signed a Memorandum of Understanding (MoU) with Jindal Steel and Power Limited (JSPL) to take the next step in g ...
Friday, 05 August 11
THE WORLDS LARGEST COAL MINER TO INVEST IN INDO MINES
COALspot.com - Golden Energy Mines (GEMS) might go for initial public offering (IPO) by the end of September 2011. The company is planning to off lo ...
Friday, 05 August 11
DRY BULK MARKET FINALLY TAKES A BREATHER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market at last caught a break mid-week after a constant fall which saw the industry’s benchmark, the BDI (Baltic Dry Index) falli ...
Thursday, 04 August 11
THE HBA CONTINUES TO FALL IN AUGUST
COALspot.com - Ministry of Energy and Mineral Resources of Indonesia has set the August 2011 coal reference price at US$ 117.21 per ton slightly low ...
Wednesday, 03 August 11
DEWA RETURNS TO US$2.65 MIO NET PROFIT - INSIDER STORIES
Coal mining contractor PT Darma Henwa Tbk (DEWA), that most of its revenue is contributed by Kaltim Prima Coal and Arutmin Indonesia, returned to ne ...
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- Semirara Mining and Power Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Africa Commodities Group - South Africa
- Leighton Contractors Pty Ltd - Australia
- Ministry of Finance - Indonesia
- Thai Mozambique Logistica
- Coalindo Energy - Indonesia
- MS Steel International - UAE
- Gujarat Mineral Development Corp Ltd - India
- PNOC Exploration Corporation - Philippines
- Edison Trading Spa - Italy
- Coastal Gujarat Power Limited - India
- Heidelberg Cement - Germany
- Bharathi Cement Corporation - India
- ASAPP Information Group - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Banpu Public Company Limited - Thailand
- Bukit Makmur.PT - Indonesia
- Ambuja Cements Ltd - India
- Wood Mackenzie - Singapore
- Trasteel International SA, Italy
- Kaltim Prima Coal - Indonesia
- Straits Asia Resources Limited - Singapore
- CNBM International Corporation - China
- Videocon Industries ltd - India
- Indonesian Coal Mining Association
- Vijayanagar Sugar Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Global Coal Blending Company Limited - Australia
- SMC Global Power, Philippines
- Grasim Industreis Ltd - India
- Bhoruka Overseas - Indonesia
- Savvy Resources Ltd - HongKong
- ICICI Bank Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Xindia Steels Limited - India
- Kumho Petrochemical, South Korea
- LBH Netherlands Bv - Netherlands
- The State Trading Corporation of India Ltd
- Siam City Cement - Thailand
- Cigading International Bulk Terminal - Indonesia
- Minerals Council of Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- The Treasury - Australian Government
- Miang Besar Coal Terminal - Indonesia
- Sojitz Corporation - Japan
- Wilmar Investment Holdings
- Gujarat Electricity Regulatory Commission - India
- Altura Mining Limited, Indonesia
- Kepco SPC Power Corporation, Philippines
- Thiess Contractors Indonesia
- Baramulti Group, Indonesia
- Vedanta Resources Plc - India
- Krishnapatnam Port Company Ltd. - India
- Coal and Oil Company - UAE
- Bulk Trading Sa - Switzerland
- Meenaskhi Energy Private Limited - India
- SN Aboitiz Power Inc, Philippines
- Kideco Jaya Agung - Indonesia
- Independent Power Producers Association of India
- Indian Energy Exchange, India
- Malabar Cements Ltd - India
- Parliament of New Zealand
- PetroVietnam Power Coal Import and Supply Company
- Globalindo Alam Lestari - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Simpson Spence & Young - Indonesia
- OPG Power Generation Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- European Bulk Services B.V. - Netherlands
- Jorong Barutama Greston.PT - Indonesia
- Medco Energi Mining Internasional
- Mercator Lines Limited - India
- Siam City Cement PLC, Thailand
- Directorate General of MIneral and Coal - Indonesia
- Planning Commission, India
- Meralco Power Generation, Philippines
- Energy Link Ltd, New Zealand
- Sindya Power Generating Company Private Ltd
- Karbindo Abesyapradhi - Indoneisa
- Agrawal Coal Company - India
- PowerSource Philippines DevCo
- Asmin Koalindo Tuhup - Indonesia
- Oldendorff Carriers - Singapore
- Australian Coal Association
- Makarim & Taira - Indonesia
- Riau Bara Harum - Indonesia
- Orica Mining Services - Indonesia
- Sarangani Energy Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Standard Chartered Bank - UAE
- Iligan Light & Power Inc, Philippines
- Posco Energy - South Korea
- Petrochimia International Co. Ltd.- Taiwan
- McConnell Dowell - Australia
- Vizag Seaport Private Limited - India
- Price Waterhouse Coopers - Russia
- Binh Thuan Hamico - Vietnam
- IHS Mccloskey Coal Group - USA
- Interocean Group of Companies - India
- IEA Clean Coal Centre - UK
- Mjunction Services Limited - India
- Orica Australia Pty. Ltd.
- Rio Tinto Coal - Australia
- GN Power Mariveles Coal Plant, Philippines
- VISA Power Limited - India
- Central Java Power - Indonesia
- Indogreen Group - Indonesia
- GMR Energy Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Borneo Indobara - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Australian Commodity Traders Exchange
- Eastern Coal Council - USA
- CIMB Investment Bank - Malaysia
- London Commodity Brokers - England
- Samtan Co., Ltd - South Korea
- Sakthi Sugars Limited - India
- New Zealand Coal & Carbon
- Ministry of Mines - Canada
- Bhushan Steel Limited - India
- Global Green Power PLC Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Maheswari Brothers Coal Limited - India
- Salva Resources Pvt Ltd - India
- Parry Sugars Refinery, India
- Petron Corporation, Philippines
- Anglo American - United Kingdom
- Madhucon Powers Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Sinarmas Energy and Mining - Indonesia
- Formosa Plastics Group - Taiwan
- India Bulls Power Limited - India
- Deloitte Consulting - India
- Bhatia International Limited - India
- Commonwealth Bank - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Jaiprakash Power Ventures ltd
- Bangladesh Power Developement Board
- South Luzon Thermal Energy Corporation
- Therma Luzon, Inc, Philippines
- Star Paper Mills Limited - India
- Essar Steel Hazira Ltd - India
- PTC India Limited - India
- Energy Development Corp, Philippines
- Merrill Lynch Commodities Europe
- Latin American Coal - Colombia
- Indo Tambangraya Megah - Indonesia
- Chamber of Mines of South Africa
- White Energy Company Limited
- Semirara Mining Corp, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Timah Investasi Mineral - Indoneisa
- Kobexindo Tractors - Indoneisa
- Karaikal Port Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Chettinad Cement Corporation Ltd - India
- Uttam Galva Steels Limited - India
- Mercuria Energy - Indonesia
- Attock Cement Pakistan Limited
- Global Business Power Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Electricity Authority, New Zealand
- Carbofer General Trading SA - India
- Kapuas Tunggal Persada - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Kartika Selabumi Mining - Indonesia
- San Jose City I Power Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- Indika Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Central Electricity Authority - India
- Tata Chemicals Ltd - India
- Lanco Infratech Ltd - India
- The University of Queensland
- Ind-Barath Power Infra Limited - India
- Gujarat Sidhee Cement - India
- Goldman Sachs - Singapore
- Aboitiz Power Corporation - Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SMG Consultants - Indonesia
- TeaM Sual Corporation - Philippines
- Intertek Mineral Services - Indonesia
- Bayan Resources Tbk. - Indonesia
- Pendopo Energi Batubara - Indonesia
- Aditya Birla Group - India
- Singapore Mercantile Exchange
- GAC Shipping (India) Pvt Ltd
- Power Finance Corporation Ltd., India
- Renaissance Capital - South Africa
- Indian Oil Corporation Limited
- Metalloyd Limited - United Kingdom
- Romanian Commodities Exchange
- Electricity Generating Authority of Thailand
- Mintek Dendrill Indonesia
- Antam Resourcindo - Indonesia
- Port Waratah Coal Services - Australia
- GVK Power & Infra Limited - India
- Larsen & Toubro Limited - India
- Rashtriya Ispat Nigam Limited - India
- Marubeni Corporation - India
- Tamil Nadu electricity Board
- Maharashtra Electricity Regulatory Commission - India
- Jindal Steel & Power Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Georgia Ports Authority, United States
- Eastern Energy - Thailand
- Economic Council, Georgia
- Sical Logistics Limited - India
- Dalmia Cement Bharat India
- Directorate Of Revenue Intelligence - India
- Cement Manufacturers Association - India
- Ministry of Transport, Egypt
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