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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, 31 December 10
STC TO FINALIZE 12 MILLION MT OF COAL IMPORT CONTRACT TO TWO INDIAN AND A DUBAI BASED COAL TRADER - SOURCES
COALspot.com - World's single largest coal import tender floated by STC on behalf of state utility NTPC to finalize its suppliers or already finali ...
Thursday, 30 December 10
DRY BULK MARKET STAYS SUBDUED AT THE END OF 2010 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dy bulk market failed to cheer ship owners across the board as the year draws to an end, thus bringing mixed feelings ahead of 2011. On one hand ...
Thursday, 30 December 10
KANGAROO RESOURCES BUYS INDONESIAN COAL COMPANY
Australian-listed Kangaroo Resources Ltd. said Wednesday it will buy 99% of the Pakar thermal coal project in East Kalimantan, for A$277 million thr ...
Wednesday, 29 December 10
WEATHER IMPACTS RIO TINTO COAL AUSTRALIAS QUEENSLAND OPERATIONS
Press Release - As a result of severe monsoonal rain in central and northern Queensland, force majeure has been declared on coal sales contracts fro ...
Monday, 27 December 10
ANALYSIS: CHINA'S COAL PRODUCTION MISMATCHED WITH DOMESTIC DEMAND
As reported by iStock Analyst, China's coal market has been trapped in a strange cycle. Large coal production bases are facing overcapacity, while ...
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- PNOC Exploration Corporation - Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
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- GN Power Mariveles Coal Plant, Philippines
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- Vedanta Resources Plc - India
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- SN Aboitiz Power Inc, Philippines
- Standard Chartered Bank - UAE
- Xindia Steels Limited - India
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- Parliament of New Zealand
- Romanian Commodities Exchange
- Kepco SPC Power Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- ICICI Bank Limited - India
- New Zealand Coal & Carbon
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- European Bulk Services B.V. - Netherlands
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- International Coal Ventures Pvt Ltd - India
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- Merrill Lynch Commodities Europe
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- LBH Netherlands Bv - Netherlands
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- Thai Mozambique Logistica
- Renaissance Capital - South Africa
- Jaiprakash Power Ventures ltd
- Aboitiz Power Corporation - Philippines
- Bahari Cakrawala Sebuku - Indonesia
- White Energy Company Limited
- Kalimantan Lumbung Energi - Indonesia
- Indian Energy Exchange, India
- Bhoruka Overseas - Indonesia
- Jindal Steel & Power Ltd - India
- Malabar Cements Ltd - India
- Sarangani Energy Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Bayan Resources Tbk. - Indonesia
- Aditya Birla Group - India
- Bulk Trading Sa - Switzerland
- Posco Energy - South Korea
- Asmin Koalindo Tuhup - Indonesia
- Therma Luzon, Inc, Philippines
- Mjunction Services Limited - India
- Chamber of Mines of South Africa
- Mintek Dendrill Indonesia
- GMR Energy Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Orica Australia Pty. Ltd.
- CNBM International Corporation - China
- Meralco Power Generation, Philippines
- Oldendorff Carriers - Singapore
- IEA Clean Coal Centre - UK
- Toyota Tsusho Corporation, Japan
- Directorate Of Revenue Intelligence - India
- Gujarat Sidhee Cement - India
- Binh Thuan Hamico - Vietnam
- The State Trading Corporation of India Ltd
- Singapore Mercantile Exchange
- Borneo Indobara - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Grasim Industreis Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Dalmia Cement Bharat India
- Wilmar Investment Holdings
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- Leighton Contractors Pty Ltd - Australia
- Electricity Generating Authority of Thailand
- Cigading International Bulk Terminal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Sindya Power Generating Company Private Ltd
- Marubeni Corporation - India
- Trasteel International SA, Italy
- SMC Global Power, Philippines
- Karaikal Port Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- India Bulls Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Central Java Power - Indonesia
- Mercator Lines Limited - India
- IHS Mccloskey Coal Group - USA
- The University of Queensland
- Planning Commission, India
- Rio Tinto Coal - Australia
- Lanco Infratech Ltd - India
- Indogreen Group - Indonesia
- Australian Commodity Traders Exchange
- TNB Fuel Sdn Bhd - Malaysia
- VISA Power Limited - India
- Ministry of Mines - Canada
- Chettinad Cement Corporation Ltd - India
- Central Electricity Authority - India
- ASAPP Information Group - India
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- Energy Link Ltd, New Zealand
- Ceylon Electricity Board - Sri Lanka
- Ministry of Finance - Indonesia
- PTC India Limited - India
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- Iligan Light & Power Inc, Philippines
- Heidelberg Cement - Germany
- Manunggal Multi Energi - Indonesia
- Samtan Co., Ltd - South Korea
- Carbofer General Trading SA - India
- Global Green Power PLC Corporation, Philippines
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- San Jose City I Power Corp, Philippines
- Sical Logistics Limited - India
- Economic Council, Georgia
- Pipit Mutiara Jaya. PT, Indonesia
- Kaltim Prima Coal - Indonesia
- Sinarmas Energy and Mining - Indonesia
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- Indonesian Coal Mining Association
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- Makarim & Taira - Indonesia
- Indian Oil Corporation Limited
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- Miang Besar Coal Terminal - Indonesia
- Eastern Energy - Thailand
- Kumho Petrochemical, South Korea
- Videocon Industries ltd - India
- OPG Power Generation Pvt Ltd - India
- Edison Trading Spa - Italy
- Orica Mining Services - Indonesia
- Bangladesh Power Developement Board
- Sakthi Sugars Limited - India
- Ambuja Cements Ltd - India
- Sree Jayajothi Cements Limited - India
- South Luzon Thermal Energy Corporation
- Mercuria Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Maheswari Brothers Coal Limited - India
- London Commodity Brokers - England
- Gujarat Mineral Development Corp Ltd - India
- Port Waratah Coal Services - Australia
- Sojitz Corporation - Japan
- Banpu Public Company Limited - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Tamil Nadu electricity Board
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- Gujarat Electricity Regulatory Commission - India
- Global Business Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Metalloyd Limited - United Kingdom
- Minerals Council of Australia
- Interocean Group of Companies - India
- MS Steel International - UAE
- Africa Commodities Group - South Africa
- McConnell Dowell - Australia
- Indika Energy - Indonesia
- Vizag Seaport Private Limited - India
- Ind-Barath Power Infra Limited - India
- Billiton Holdings Pty Ltd - Australia
- CIMB Investment Bank - Malaysia
- Coal and Oil Company - UAE
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- TeaM Sual Corporation - Philippines
- Global Coal Blending Company Limited - Australia
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- Power Finance Corporation Ltd., India
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- Formosa Plastics Group - Taiwan
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- Wood Mackenzie - Singapore
- Commonwealth Bank - Australia
- Independent Power Producers Association of India
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- AsiaOL BioFuels Corp., Philippines
- Straits Asia Resources Limited - Singapore
- GVK Power & Infra Limited - India
- Goldman Sachs - Singapore
- Electricity Authority, New Zealand
- Australian Coal Association
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