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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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Monday, 14 June 10
S. AFRICA BOOSTS COAL SALES TO INDIA 12%, TRADER SAYS
Bloomberg reported that, South Africa’s Richards Bay, the world’s second-biggest coal export harbor, boosted sales to India by 12 percen ...
Sunday, 13 June 10
THE FUTURES FOR THREE YEARS (2010-2012) WAS AT AROUND CAPE/US$ 29000 PER DAY & PANAMAX/US$ 20500 PER DAY - VISTAAR
COALspot.com: The market continue to soften in all sectors and the most affected was cape size which was down by 16.32 pct. The BDI was down by 14.4 ...
Saturday, 12 June 10
BALTIC EXCHANGE ESTABLISHES ASIA-PACIFIC OFFICE
The London-based Baltic Exchange has today announced it is setting up an Asia-Pacific Representative Office in Singapore, to ensure closer contact w ...
Saturday, 12 June 10
NALCO TO ROPE IN PARTNERS FOR INDONESIA PROJECT
Sify reported that, the public sector National Aluminium Company (Nalco) is set to finalise the terms of its joint venture (JV) agreement with two f ...
Thursday, 10 June 10
CHARTERERS ARE NOT WILLING TO PAY THE RATES AS MARKET SLIDES
DRY BULK
Handy
Atlantic markets are quieter (Posidonia?) with less activity. Nevertheless expect some fresh enquiries f ...
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- Karaikal Port Pvt Ltd - India
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- Edison Trading Spa - Italy
- VISA Power Limited - India
- Binh Thuan Hamico - Vietnam
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- The University of Queensland
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- Madhucon Powers Ltd - India
- GAC Shipping (India) Pvt Ltd
- Trasteel International SA, Italy
- Kapuas Tunggal Persada - Indonesia
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- South Luzon Thermal Energy Corporation
- Essar Steel Hazira Ltd - India
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- Meenaskhi Energy Private Limited - India
- Iligan Light & Power Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Lanco Infratech Ltd - India
- SN Aboitiz Power Inc, Philippines
- Thai Mozambique Logistica
- Metalloyd Limited - United Kingdom
- MS Steel International - UAE
- Altura Mining Limited, Indonesia
- Eastern Coal Council - USA
- Chamber of Mines of South Africa
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- Energy Link Ltd, New Zealand
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- Samtan Co., Ltd - South Korea
- The State Trading Corporation of India Ltd
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- Neyveli Lignite Corporation Ltd, - India
- Sakthi Sugars Limited - India
- Planning Commission, India
- Gujarat Sidhee Cement - India
- Savvy Resources Ltd - HongKong
- Energy Development Corp, Philippines
- Kobexindo Tractors - Indoneisa
- Mercuria Energy - Indonesia
- Ministry of Finance - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Australian Commodity Traders Exchange
- European Bulk Services B.V. - Netherlands
- Ministry of Mines - Canada
- Wilmar Investment Holdings
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- Makarim & Taira - Indonesia
- Aditya Birla Group - India
- Maharashtra Electricity Regulatory Commission - India
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhushan Steel Limited - India
- IEA Clean Coal Centre - UK
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- Uttam Galva Steels Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Intertek Mineral Services - Indonesia
- Rio Tinto Coal - Australia
- London Commodity Brokers - England
- Xindia Steels Limited - India
- Sindya Power Generating Company Private Ltd
- Attock Cement Pakistan Limited
- White Energy Company Limited
- Parliament of New Zealand
- Jaiprakash Power Ventures ltd
- PTC India Limited - India
- Mintek Dendrill Indonesia
- TeaM Sual Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- Indo Tambangraya Megah - Indonesia
- Orica Mining Services - Indonesia
- Electricity Generating Authority of Thailand
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- LBH Netherlands Bv - Netherlands
- Medco Energi Mining Internasional
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- Deloitte Consulting - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Marubeni Corporation - India
- Wood Mackenzie - Singapore
- GMR Energy Limited - India
- Minerals Council of Australia
- Simpson Spence & Young - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Antam Resourcindo - Indonesia
- Banpu Public Company Limited - Thailand
- Indian Oil Corporation Limited
- Bharathi Cement Corporation - India
- Directorate General of MIneral and Coal - Indonesia
- Singapore Mercantile Exchange
- Tamil Nadu electricity Board
- Goldman Sachs - Singapore
- Port Waratah Coal Services - Australia
- Leighton Contractors Pty Ltd - Australia
- Indonesian Coal Mining Association
- Cigading International Bulk Terminal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Straits Asia Resources Limited - Singapore
- ICICI Bank Limited - India
- Posco Energy - South Korea
- Renaissance Capital - South Africa
- Aboitiz Power Corporation - Philippines
- Larsen & Toubro Limited - India
- Gujarat Electricity Regulatory Commission - India
- Kideco Jaya Agung - Indonesia
- Ambuja Cements Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Ceylon Electricity Board - Sri Lanka
- Vizag Seaport Private Limited - India
- Georgia Ports Authority, United States
- Malabar Cements Ltd - India
- Coastal Gujarat Power Limited - India
- Cement Manufacturers Association - India
- Billiton Holdings Pty Ltd - Australia
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- Global Coal Blending Company Limited - Australia
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- Alfred C Toepfer International GmbH - Germany
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- Economic Council, Georgia
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- India Bulls Power Limited - India
- Bhatia International Limited - India
- Manunggal Multi Energi - Indonesia
- PowerSource Philippines DevCo
- Semirara Mining and Power Corporation, Philippines
- Borneo Indobara - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Oldendorff Carriers - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Holcim Trading Pte Ltd - Singapore
- Dalmia Cement Bharat India
- Indogreen Group - Indonesia
- Sree Jayajothi Cements Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Meralco Power Generation, Philippines
- Rashtriya Ispat Nigam Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Standard Chartered Bank - UAE
- Parry Sugars Refinery, India
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- Vedanta Resources Plc - India
- Ministry of Transport, Egypt
- Bulk Trading Sa - Switzerland
- Barasentosa Lestari - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Kaltim Prima Coal - Indonesia
- Price Waterhouse Coopers - Russia
- Sinarmas Energy and Mining - Indonesia
- Central Electricity Authority - India
- Sical Logistics Limited - India
- OPG Power Generation Pvt Ltd - India
- Grasim Industreis Ltd - India
- Siam City Cement - Thailand
- SMC Global Power, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Coalindo Energy - Indonesia
- Commonwealth Bank - Australia
- Tata Chemicals Ltd - India
- Thiess Contractors Indonesia
- Videocon Industries ltd - India
- Electricity Authority, New Zealand
- Bhoruka Overseas - Indonesia
- Salva Resources Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- New Zealand Coal & Carbon
- The Treasury - Australian Government
- Ind-Barath Power Infra Limited - India
- Indian Energy Exchange, India
- Merrill Lynch Commodities Europe
- Orica Australia Pty. Ltd.
- Independent Power Producers Association of India
- Eastern Energy - Thailand
- Baramulti Group, Indonesia
- Romanian Commodities Exchange
- Africa Commodities Group - South Africa
- Kepco SPC Power Corporation, Philippines
- Coal and Oil Company - UAE
- Petron Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- IHS Mccloskey Coal Group - USA
- McConnell Dowell - Australia
- Bukit Baiduri Energy - Indonesia
- Australian Coal Association
- PNOC Exploration Corporation - Philippines
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- CNBM International Corporation - China
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- Globalindo Alam Lestari - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Mjunction Services Limited - India
- Toyota Tsusho Corporation, Japan
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- Global Green Power PLC Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
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