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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, 17 February 11
UNCERTAINTY AND VOLATILITY - FEARNBULK
Handy
Recovering market as evidenced by the solid USD 16k/day achieved by a handymax from Continent to east Med with scrap. More short period requ ...
Tuesday, 15 February 11
INDONESIAN COAL FOR HARYANA THERMAL PLANTS - PUNJAB NEWS LINE
To tide over the recurring coal shortage at thermal plants Haryana Power Generation Corporation Limited (HPGCL) has gone for Malaysian coal for its ...
Tuesday, 15 February 11
TONNAGE OVERSUPPLY TO CHOKE FREIGHT RATES IN THE COMING MONTHS SAYS BIMCO - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In a new report assessing the dry bulk market, BIMCO’s analysis suggests that freight rates for Capesize vessels are likely to remain depresse ...
Sunday, 13 February 11
COAL MARKETS 2011 TO HIGHLIGHT INDONESIAN COAL AND NEW SOURCES OF COAL SUPPLY
“Over 300 senior decision-makers from coal mining, power and trading companies expected to congregate in Singapore”
Press Release - K ...
Sunday, 13 February 11
YEAR OF RABBIT PUSHING FREIGHT MARKET UP
COALspot.com – “The market finally moved up with firmness in all sectors with some positive signs of markets recovering”, said Cap ...
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- Medco Energi Mining Internasional
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- Global Green Power PLC Corporation, Philippines
- The University of Queensland
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- Parliament of New Zealand
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- Manunggal Multi Energi - Indonesia
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- Holcim Trading Pte Ltd - Singapore
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- White Energy Company Limited
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- Economic Council, Georgia
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- Therma Luzon, Inc, Philippines
- Tamil Nadu electricity Board
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- Bangladesh Power Developement Board
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- IHS Mccloskey Coal Group - USA
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- Karbindo Abesyapradhi - Indoneisa
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- GMR Energy Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
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- TeaM Sual Corporation - Philippines
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- ASAPP Information Group - India
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- Chamber of Mines of South Africa
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- Bukit Baiduri Energy - Indonesia
- Orica Australia Pty. Ltd.
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- Heidelberg Cement - Germany
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- Coal and Oil Company - UAE
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- Australian Coal Association
- European Bulk Services B.V. - Netherlands
- Attock Cement Pakistan Limited
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- Sarangani Energy Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
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- Maharashtra Electricity Regulatory Commission - India
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- Indian Oil Corporation Limited
- Baramulti Group, Indonesia
- Billiton Holdings Pty Ltd - Australia
- Kohat Cement Company Ltd. - Pakistan
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- International Coal Ventures Pvt Ltd - India
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- Trasteel International SA, Italy
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- Formosa Plastics Group - Taiwan
- Sical Logistics Limited - India
- Borneo Indobara - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Wood Mackenzie - Singapore
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- PTC India Limited - India
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