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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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Tuesday, 06 July 10
SHENHUA GROUPS 2013 PROFIT MAY EXCEED $15 BILLION - BUSINESS WEEK
Business Week reported that, Shenhua Group Corp., China’s biggest coal producer, expects profit to exceed 100 billion yuan ($15 billion) by 20 ...
Saturday, 03 July 10
THE FREIGHT MARKET CONTINUES TO BE UNCERTAIN - CAPT. REDDY
COALspot.com: The market continues to soften and the most affect sector was Panamax which was down by almost 20 pct and closed at 2447 points. The C ...
Friday, 02 July 10
SARDA ENERGY TO ACQUIRE COAL MINES IN INDONESIA
India Info Line reported that, Sarda Energy & Minerals Ltd has announced that the authorities in Indonesia have granted the Environment Cle ...
Friday, 02 July 10
DRY BULK MARKET ON A FREEFALL, REACHING ITS LOWEST IN 9 MONTHS
The Baltic Dry Index is off to break more negative records this week, as the dry bulk shipping industry’s main benchmark has failed to find ro ...
Friday, 02 July 10
PROPOSED MINERAL RESOURCE RENT TAX - PRESS RELEASE (2)
Press Release: BHP Billiton, Rio Tinto and Xstrata said today that they are encouraged by the Federal Government’s announcement that it propos ...
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- Cement Manufacturers Association - India
- Lanco Infratech Ltd - India
- Mjunction Services Limited - India
- Larsen & Toubro Limited - India
- Essar Steel Hazira Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- India Bulls Power Limited - India
- Goldman Sachs - Singapore
- Kobexindo Tractors - Indoneisa
- Energy Development Corp, Philippines
- Salva Resources Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Australian Coal Association
- Intertek Mineral Services - Indonesia
- San Jose City I Power Corp, Philippines
- LBH Netherlands Bv - Netherlands
- Attock Cement Pakistan Limited
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Simpson Spence & Young - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Bhoruka Overseas - Indonesia
- South Luzon Thermal Energy Corporation
- Coal and Oil Company - UAE
- Parliament of New Zealand
- Indonesian Coal Mining Association
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Bangladesh Power Developement Board
- The University of Queensland
- IEA Clean Coal Centre - UK
- Barasentosa Lestari - Indonesia
- Thai Mozambique Logistica
- Jaiprakash Power Ventures ltd
- Timah Investasi Mineral - Indoneisa
- PTC India Limited - India
- McConnell Dowell - Australia
- Cigading International Bulk Terminal - Indonesia
- Xindia Steels Limited - India
- Petron Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Bayan Resources Tbk. - Indonesia
- Eastern Coal Council - USA
- Star Paper Mills Limited - India
- SN Aboitiz Power Inc, Philippines
- Singapore Mercantile Exchange
- Parry Sugars Refinery, India
- Sojitz Corporation - Japan
- PowerSource Philippines DevCo
- Gujarat Sidhee Cement - India
- Commonwealth Bank - Australia
- Formosa Plastics Group - Taiwan
- Kalimantan Lumbung Energi - Indonesia
- Pendopo Energi Batubara - Indonesia
- Manunggal Multi Energi - Indonesia
- Bukit Makmur.PT - Indonesia
- Samtan Co., Ltd - South Korea
- Georgia Ports Authority, United States
- Ministry of Transport, Egypt
- Global Green Power PLC Corporation, Philippines
- Global Business Power Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Indian Energy Exchange, India
- Pipit Mutiara Jaya. PT, Indonesia
- Kaltim Prima Coal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Renaissance Capital - South Africa
- Marubeni Corporation - India
- Economic Council, Georgia
- Wilmar Investment Holdings
- PNOC Exploration Corporation - Philippines
- Jindal Steel & Power Ltd - India
- The Treasury - Australian Government
- Savvy Resources Ltd - HongKong
- International Coal Ventures Pvt Ltd - India
- Indika Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- GMR Energy Limited - India
- Latin American Coal - Colombia
- Kepco SPC Power Corporation, Philippines
- MS Steel International - UAE
- Central Java Power - Indonesia
- Mercator Lines Limited - India
- Tamil Nadu electricity Board
- Metalloyd Limited - United Kingdom
- Indian Oil Corporation Limited
- Standard Chartered Bank - UAE
- TeaM Sual Corporation - Philippines
- Carbofer General Trading SA - India
- Sree Jayajothi Cements Limited - India
- Posco Energy - South Korea
- Indo Tambangraya Megah - Indonesia
- Orica Australia Pty. Ltd.
- Electricity Authority, New Zealand
- OPG Power Generation Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- PetroVietnam Power Coal Import and Supply Company
- Wood Mackenzie - Singapore
- CNBM International Corporation - China
- Australian Commodity Traders Exchange
- Planning Commission, India
- IHS Mccloskey Coal Group - USA
- Alfred C Toepfer International GmbH - Germany
- Agrawal Coal Company - India
- Aditya Birla Group - India
- White Energy Company Limited
- Energy Link Ltd, New Zealand
- Coalindo Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Gujarat Mineral Development Corp Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Sical Logistics Limited - India
- Karaikal Port Pvt Ltd - India
- Heidelberg Cement - Germany
- Neyveli Lignite Corporation Ltd, - India
- Baramulti Group, Indonesia
- Electricity Generating Authority of Thailand
- Makarim & Taira - Indonesia
- ICICI Bank Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Interocean Group of Companies - India
- Port Waratah Coal Services - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- The State Trading Corporation of India Ltd
- VISA Power Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Sakthi Sugars Limited - India
- Thiess Contractors Indonesia
- Bhatia International Limited - India
- Central Electricity Authority - India
- Bharathi Cement Corporation - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- Minerals Council of Australia
- Altura Mining Limited, Indonesia
- Power Finance Corporation Ltd., India
- Borneo Indobara - Indonesia
- Globalindo Alam Lestari - Indonesia
- Ministry of Mines - Canada
- Sinarmas Energy and Mining - Indonesia
- Siam City Cement PLC, Thailand
- Chettinad Cement Corporation Ltd - India
- Kumho Petrochemical, South Korea
- Semirara Mining Corp, Philippines
- Binh Thuan Hamico - Vietnam
- Aboitiz Power Corporation - Philippines
- New Zealand Coal & Carbon
- Kapuas Tunggal Persada - Indonesia
- GVK Power & Infra Limited - India
- Uttam Galva Steels Limited - India
- Tata Chemicals Ltd - India
- London Commodity Brokers - England
- AsiaOL BioFuels Corp., Philippines
- European Bulk Services B.V. - Netherlands
- Grasim Industreis Ltd - India
- Madhucon Powers Ltd - India
- Eastern Energy - Thailand
- Riau Bara Harum - Indonesia
- Independent Power Producers Association of India
- Bukit Asam (Persero) Tbk - Indonesia
- Romanian Commodities Exchange
- ASAPP Information Group - India
- Price Waterhouse Coopers - Russia
- Chamber of Mines of South Africa
- Bukit Baiduri Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Africa Commodities Group - South Africa
- Bhushan Steel Limited - India
- Sarangani Energy Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Meenaskhi Energy Private Limited - India
- Siam City Cement - Thailand
- GAC Shipping (India) Pvt Ltd
- Toyota Tsusho Corporation, Japan
- Malabar Cements Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Antam Resourcindo - Indonesia
- Orica Mining Services - Indonesia
- Rio Tinto Coal - Australia
- Directorate Of Revenue Intelligence - India
- Merrill Lynch Commodities Europe
- Banpu Public Company Limited - Thailand
- Kideco Jaya Agung - Indonesia
- SMC Global Power, Philippines
- Sindya Power Generating Company Private Ltd
- Anglo American - United Kingdom
- Ind-Barath Power Infra Limited - India
- Oldendorff Carriers - Singapore
- Straits Asia Resources Limited - Singapore
- SMG Consultants - Indonesia
- Therma Luzon, Inc, Philippines
- Iligan Light & Power Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- Meralco Power Generation, Philippines
- Dalmia Cement Bharat India
- Videocon Industries ltd - India
- Trasteel International SA, Italy
- Maheswari Brothers Coal Limited - India
- CIMB Investment Bank - Malaysia
- Indogreen Group - Indonesia
- Coastal Gujarat Power Limited - India
- Medco Energi Mining Internasional
- Rashtriya Ispat Nigam Limited - India
- Ceylon Electricity Board - Sri Lanka
- Deloitte Consulting - India
- Mintek Dendrill Indonesia
- Mercuria Energy - Indonesia
- Vedanta Resources Plc - India
- Ambuja Cements Ltd - India
- Edison Trading Spa - Italy
- Vizag Seaport Private Limited - India
- Ministry of Finance - Indonesia
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