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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, 07 June 10
SOUTH AFRICA COAL STAYS NEAR 18-MONTH HIGH ON EUROPEAN DEMAND - BLOOMBERG
Bloomberg Reported that, Prices for coal shipped from South Africa’s Richards Bay, the continent’s biggest export facility for the fuel, ...
Sunday, 06 June 10
THE DOWNWARD TREND FOR S6 AND S7 ROUTE IS LIKELY TO CONTINUE NEXT WEEK - VISTAAR
COALspot.com: "This seemed market heading for corrections with all sectors down", said, Capt. Reddy, MD of Vistaar Shipping Singapore, an ...
Sunday, 06 June 10
STEAM COAL MAY BECOME NEXT BOOMING COMMODITY IN AUSTRALIA - DB
Deutsche Bank predicts that thermal coal could become Australia's next booming commodity. The German investment bank's global thermal coal team ex ...
Friday, 04 June 10
INDO/INDIA AROUND THE MID 20'S LEVEL AND MID TO HIGH 20'S INDIA/CHINA
Handy
After a quiet end to last week, the Atlantic handysize market continued&nb ...
Thursday, 03 June 10
INDO GOVERNMENT TRIES TO CALM BUSINESSES FEARS OVER FOREST - CLEARING MORATORIUM
The Jakarta Globe reported that, as producers of coal and palm oil continued to howl, the government on Tuesday offered reassurances that the develo ...
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- PetroVietnam Power Coal Import and Supply Company
- Bhushan Steel Limited - India
- Bayan Resources Tbk. - Indonesia
- Australian Coal Association
- Rio Tinto Coal - Australia
- White Energy Company Limited
- MS Steel International - UAE
- PTC India Limited - India
- San Jose City I Power Corp, Philippines
- Altura Mining Limited, Indonesia
- Kumho Petrochemical, South Korea
- Bulk Trading Sa - Switzerland
- Malabar Cements Ltd - India
- SMG Consultants - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Alfred C Toepfer International GmbH - Germany
- Neyveli Lignite Corporation Ltd, - India
- Riau Bara Harum - Indonesia
- Cement Manufacturers Association - India
- Simpson Spence & Young - Indonesia
- Global Business Power Corporation, Philippines
- Sojitz Corporation - Japan
- Makarim & Taira - Indonesia
- Eastern Energy - Thailand
- Miang Besar Coal Terminal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Ambuja Cements Ltd - India
- Economic Council, Georgia
- Gujarat Electricity Regulatory Commission - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Videocon Industries ltd - India
- Sical Logistics Limited - India
- ASAPP Information Group - India
- Dalmia Cement Bharat India
- Sakthi Sugars Limited - India
- Oldendorff Carriers - Singapore
- Manunggal Multi Energi - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Bukit Baiduri Energy - Indonesia
- GVK Power & Infra Limited - India
- Orica Mining Services - Indonesia
- Latin American Coal - Colombia
- Ministry of Mines - Canada
- Port Waratah Coal Services - Australia
- Planning Commission, India
- Global Coal Blending Company Limited - Australia
- Formosa Plastics Group - Taiwan
- Jorong Barutama Greston.PT - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Mercuria Energy - Indonesia
- Directorate Of Revenue Intelligence - India
- Uttam Galva Steels Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Star Paper Mills Limited - India
- SN Aboitiz Power Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Bharathi Cement Corporation - India
- Tata Chemicals Ltd - India
- Samtan Co., Ltd - South Korea
- Energy Link Ltd, New Zealand
- Global Green Power PLC Corporation, Philippines
- London Commodity Brokers - England
- Meralco Power Generation, Philippines
- TeaM Sual Corporation - Philippines
- CIMB Investment Bank - Malaysia
- Indo Tambangraya Megah - Indonesia
- Standard Chartered Bank - UAE
- Thiess Contractors Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Leighton Contractors Pty Ltd - Australia
- Agrawal Coal Company - India
- Intertek Mineral Services - Indonesia
- Parry Sugars Refinery, India
- PNOC Exploration Corporation - Philippines
- Merrill Lynch Commodities Europe
- GN Power Mariveles Coal Plant, Philippines
- Interocean Group of Companies - India
- AsiaOL BioFuels Corp., Philippines
- Kaltim Prima Coal - Indonesia
- Iligan Light & Power Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Straits Asia Resources Limited - Singapore
- India Bulls Power Limited - India
- Coalindo Energy - Indonesia
- Ministry of Transport, Egypt
- Tamil Nadu electricity Board
- PowerSource Philippines DevCo
- Aboitiz Power Corporation - Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ministry of Finance - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Wilmar Investment Holdings
- Antam Resourcindo - Indonesia
- Central Electricity Authority - India
- GMR Energy Limited - India
- Parliament of New Zealand
- New Zealand Coal & Carbon
- Mintek Dendrill Indonesia
- Toyota Tsusho Corporation, Japan
- Barasentosa Lestari - Indonesia
- Jaiprakash Power Ventures ltd
- Edison Trading Spa - Italy
- Bhatia International Limited - India
- IHS Mccloskey Coal Group - USA
- Coal and Oil Company - UAE
- Central Java Power - Indonesia
- Minerals Council of Australia
- Grasim Industreis Ltd - India
- Bhoruka Overseas - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Meenaskhi Energy Private Limited - India
- Essar Steel Hazira Ltd - India
- Medco Energi Mining Internasional
- Chamber of Mines of South Africa
- Rashtriya Ispat Nigam Limited - India
- ICICI Bank Limited - India
- Maheswari Brothers Coal Limited - India
- Jindal Steel & Power Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- European Bulk Services B.V. - Netherlands
- Metalloyd Limited - United Kingdom
- Sindya Power Generating Company Private Ltd
- Georgia Ports Authority, United States
- Wood Mackenzie - Singapore
- Indonesian Coal Mining Association
- Coastal Gujarat Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Anglo American - United Kingdom
- IEA Clean Coal Centre - UK
- Mjunction Services Limited - India
- Larsen & Toubro Limited - India
- Electricity Generating Authority of Thailand
- Romanian Commodities Exchange
- Trasteel International SA, Italy
- GAC Shipping (India) Pvt Ltd
- Petron Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- The University of Queensland
- Bukit Asam (Persero) Tbk - Indonesia
- Bangladesh Power Developement Board
- OPG Power Generation Pvt Ltd - India
- Electricity Authority, New Zealand
- Kepco SPC Power Corporation, Philippines
- Aditya Birla Group - India
- Billiton Holdings Pty Ltd - Australia
- Australian Commodity Traders Exchange
- Binh Thuan Hamico - Vietnam
- The State Trading Corporation of India Ltd
- Therma Luzon, Inc, Philippines
- Independent Power Producers Association of India
- Orica Australia Pty. Ltd.
- Gujarat Sidhee Cement - India
- Lanco Infratech Ltd - India
- International Coal Ventures Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Kartika Selabumi Mining - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- McConnell Dowell - Australia
- Timah Investasi Mineral - Indoneisa
- Ceylon Electricity Board - Sri Lanka
- Madhucon Powers Ltd - India
- Deloitte Consulting - India
- Attock Cement Pakistan Limited
- Savvy Resources Ltd - HongKong
- Eastern Coal Council - USA
- The Treasury - Australian Government
- Baramulti Group, Indonesia
- Indika Energy - Indonesia
- Indogreen Group - Indonesia
- CNBM International Corporation - China
- Globalindo Alam Lestari - Indonesia
- Commonwealth Bank - Australia
- Indian Energy Exchange, India
- South Luzon Thermal Energy Corporation
- Singapore Mercantile Exchange
- Heidelberg Cement - Germany
- Energy Development Corp, Philippines
- Banpu Public Company Limited - Thailand
- Karaikal Port Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Carbofer General Trading SA - India
- Karbindo Abesyapradhi - Indoneisa
- Semirara Mining and Power Corporation, Philippines
- Posco Energy - South Korea
- Africa Commodities Group - South Africa
- Renaissance Capital - South Africa
- Semirara Mining Corp, Philippines
- Borneo Indobara - Indonesia
- VISA Power Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Indian Oil Corporation Limited
- Power Finance Corporation Ltd., India
- Thai Mozambique Logistica
- Xindia Steels Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Siam City Cement - Thailand
- Siam City Cement PLC, Thailand
- Vizag Seaport Private Limited - India
- Chettinad Cement Corporation Ltd - India
- Pendopo Energi Batubara - Indonesia
- Goldman Sachs - Singapore
- Price Waterhouse Coopers - Russia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kobexindo Tractors - Indoneisa
- Salva Resources Pvt Ltd - India
- Mercator Lines Limited - India
- SMC Global Power, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Kideco Jaya Agung - Indonesia
- Ind-Barath Power Infra Limited - India
- Marubeni Corporation - India
- Vedanta Resources Plc - India
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