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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, 10 June 11
DRY BULK ON RETREAT MODE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
This week has offered dry bulk ship owners no real reason to smile, as the industry’s benchmarket, the Baltic Dry Index (BDI) has been steadil ...
Thursday, 09 June 11
INDIKA AIMS TO PRODUCE 31 MILLION TONS OF COAL IN 2011 - THE JAKARTA POST
The Jakarta Post, a leading English news paper in Indonesia reported that, PT Indika Energy Tbk, an integrated energy company, is targeting to incre ...
Wednesday, 08 June 11
BAYAN TO DISTRIBUTE RP. 80 ( APPROX. US$ 0.00939850) PER SHARE DIVIDEND
Coal miner PT Bayan Resources Tbk (BYAN), that is controlled by business Dato' Low Tuck Kwong, will distribute Rp80 a share dividend or Rp266.7 bil ...
Wednesday, 08 June 11
CBM PRODUCTION FROM AUSTRALIA, CHINA, INDIA, AND INDONESIA IS EXPECTED TO WITNESS A SIGNIFICANT INCREASE BY 2015
Press Release - According to Global Data (December 2010), CBM production in Australia, China, India, and Indonesia is expected to witness a signific ...
Sunday, 05 June 11
COAL IMPORTS BY CHINA IS LIKELY TO INCREASE - VISTAAR SINGAPORE
COALspot.com - The freight market softened this week except for the BDI and Cape index was up, but even in these sectors the momentum was compared t ...
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- Asmin Koalindo Tuhup - Indonesia
- Global Business Power Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Eastern Coal Council - USA
- Uttam Galva Steels Limited - India
- Bhatia International Limited - India
- Mjunction Services Limited - India
- Sakthi Sugars Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Jindal Steel & Power Ltd - India
- Australian Coal Association
- The University of Queensland
- International Coal Ventures Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Sarangani Energy Corporation, Philippines
- Edison Trading Spa - Italy
- Manunggal Multi Energi - Indonesia
- Videocon Industries ltd - India
- Indika Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Larsen & Toubro Limited - India
- Oldendorff Carriers - Singapore
- Petron Corporation, Philippines
- Sical Logistics Limited - India
- VISA Power Limited - India
- Grasim Industreis Ltd - India
- GVK Power & Infra Limited - India
- Cement Manufacturers Association - India
- Globalindo Alam Lestari - Indonesia
- Indonesian Coal Mining Association
- Bulk Trading Sa - Switzerland
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Star Paper Mills Limited - India
- Kobexindo Tractors - Indoneisa
- Timah Investasi Mineral - Indoneisa
- Maheswari Brothers Coal Limited - India
- Renaissance Capital - South Africa
- ASAPP Information Group - India
- Goldman Sachs - Singapore
- New Zealand Coal & Carbon
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bangladesh Power Developement Board
- Salva Resources Pvt Ltd - India
- Lanco Infratech Ltd - India
- Samtan Co., Ltd - South Korea
- Metalloyd Limited - United Kingdom
- Bhushan Steel Limited - India
- Borneo Indobara - Indonesia
- MS Steel International - UAE
- Kohat Cement Company Ltd. - Pakistan
- Attock Cement Pakistan Limited
- Kaltim Prima Coal - Indonesia
- Coastal Gujarat Power Limited - India
- IHS Mccloskey Coal Group - USA
- Chamber of Mines of South Africa
- Mercuria Energy - Indonesia
- Orica Mining Services - Indonesia
- SN Aboitiz Power Inc, Philippines
- Australian Commodity Traders Exchange
- Vizag Seaport Private Limited - India
- Bayan Resources Tbk. - Indonesia
- Dalmia Cement Bharat India
- PTC India Limited - India
- Kapuas Tunggal Persada - Indonesia
- Straits Asia Resources Limited - Singapore
- Coalindo Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Bukit Makmur.PT - Indonesia
- Kepco SPC Power Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Semirara Mining Corp, Philippines
- Directorate Of Revenue Intelligence - India
- Planning Commission, India
- Marubeni Corporation - India
- Deloitte Consulting - India
- Gujarat Sidhee Cement - India
- Toyota Tsusho Corporation, Japan
- Directorate General of MIneral and Coal - Indonesia
- Power Finance Corporation Ltd., India
- Global Coal Blending Company Limited - Australia
- Commonwealth Bank - Australia
- Medco Energi Mining Internasional
- Xindia Steels Limited - India
- Simpson Spence & Young - Indonesia
- London Commodity Brokers - England
- Eastern Energy - Thailand
- Vedanta Resources Plc - India
- Makarim & Taira - Indonesia
- IEA Clean Coal Centre - UK
- Carbofer General Trading SA - India
- Rashtriya Ispat Nigam Limited - India
- Bukit Baiduri Energy - Indonesia
- Latin American Coal - Colombia
- Interocean Group of Companies - India
- Anglo American - United Kingdom
- San Jose City I Power Corp, Philippines
- Central Java Power - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Central Electricity Authority - India
- Krishnapatnam Port Company Ltd. - India
- Standard Chartered Bank - UAE
- Mercator Lines Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Electricity Generating Authority of Thailand
- Thai Mozambique Logistica
- Kumho Petrochemical, South Korea
- Heidelberg Cement - Germany
- Leighton Contractors Pty Ltd - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Economic Council, Georgia
- Maharashtra Electricity Regulatory Commission - India
- Coal and Oil Company - UAE
- The State Trading Corporation of India Ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- OPG Power Generation Pvt Ltd - India
- Mintek Dendrill Indonesia
- Malabar Cements Ltd - India
- South Luzon Thermal Energy Corporation
- Ministry of Transport, Egypt
- Billiton Holdings Pty Ltd - Australia
- Orica Australia Pty. Ltd.
- Vijayanagar Sugar Pvt Ltd - India
- Rio Tinto Coal - Australia
- Madhucon Powers Ltd - India
- Bhoruka Overseas - Indonesia
- Posco Energy - South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Minerals Council of Australia
- Port Waratah Coal Services - Australia
- Romanian Commodities Exchange
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indo Tambangraya Megah - Indonesia
- CIMB Investment Bank - Malaysia
- Agrawal Coal Company - India
- Kalimantan Lumbung Energi - Indonesia
- Siam City Cement - Thailand
- TeaM Sual Corporation - Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Baramulti Group, Indonesia
- ICICI Bank Limited - India
- Cigading International Bulk Terminal - Indonesia
- Georgia Ports Authority, United States
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Barasentosa Lestari - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Ambuja Cements Ltd - India
- Kideco Jaya Agung - Indonesia
- Ministry of Finance - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Iligan Light & Power Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Tata Chemicals Ltd - India
- The Treasury - Australian Government
- Semirara Mining and Power Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Jaiprakash Power Ventures ltd
- Thiess Contractors Indonesia
- Indian Energy Exchange, India
- Pendopo Energi Batubara - Indonesia
- Sojitz Corporation - Japan
- Banpu Public Company Limited - Thailand
- Sree Jayajothi Cements Limited - India
- Aboitiz Power Corporation - Philippines
- Karaikal Port Pvt Ltd - India
- SMG Consultants - Indonesia
- PNOC Exploration Corporation - Philippines
- Energy Development Corp, Philippines
- Bharathi Cement Corporation - India
- CNBM International Corporation - China
- Formosa Plastics Group - Taiwan
- GN Power Mariveles Coal Plant, Philippines
- Savvy Resources Ltd - HongKong
- SMC Global Power, Philippines
- Global Green Power PLC Corporation, Philippines
- Riau Bara Harum - Indonesia
- McConnell Dowell - Australia
- Wood Mackenzie - Singapore
- Independent Power Producers Association of India
- Price Waterhouse Coopers - Russia
- Jorong Barutama Greston.PT - Indonesia
- Ministry of Mines - Canada
- Kartika Selabumi Mining - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Wilmar Investment Holdings
- Meenaskhi Energy Private Limited - India
- GMR Energy Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Africa Commodities Group - South Africa
- Indogreen Group - Indonesia
- Sindya Power Generating Company Private Ltd
- GAC Shipping (India) Pvt Ltd
- Tamil Nadu electricity Board
- Energy Link Ltd, New Zealand
- Aditya Birla Group - India
- Miang Besar Coal Terminal - Indonesia
- Singapore Mercantile Exchange
- PowerSource Philippines DevCo
- Ceylon Electricity Board - Sri Lanka
- Altura Mining Limited, Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Siam City Cement PLC, Thailand
- Electricity Authority, New Zealand
- European Bulk Services B.V. - Netherlands
- Merrill Lynch Commodities Europe
- India Bulls Power Limited - India
- White Energy Company Limited
- Therma Luzon, Inc, Philippines
- Parliament of New Zealand
- Gujarat Electricity Regulatory Commission - India
- Meralco Power Generation, Philippines
- Antam Resourcindo - Indonesia
- Trasteel International SA, Italy
- Intertek Mineral Services - Indonesia
- Indian Oil Corporation Limited
- Parry Sugars Refinery, India
- Chettinad Cement Corporation Ltd - India
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