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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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Wednesday, 19 May 10
DRY BULK FREIGHT RATES' RALLY MAY BE SET TO END
The Baltic Dry Index (BDI) has rallied these past couple of weeks, almost touching the 4,000 point mark. But this positive development for dry bulk ...
Wednesday, 19 May 10
NEWCASTLE WEEKLY EXPORTS RISE; SHIP QUEUE LENGTHENS
Coal shipments from Australia's Newcastle port, the world's biggest export harbor for the fuel used in power stations, rose 2.9 percent last week ...
Tuesday, 18 May 10
THE BDI HIT A FIVE-MONTH HIGH AT THE CLOSE OF LAST WEEK
According to BRS, One of the oldest ship broker, at 3,929 points, the BDI hit a five-month high at the close of last week. The Capesize four time ch ...
Tuesday, 18 May 10
COAL TRADER CHINA QINFA TO BUY TWO BULK CARRIERS FOR 69 MLN USD
China Qinfa Group, a leading non-State-owned coal trader on China's mainland, said Sunday it had signed shipbuilding contracts to pay 69 million U. ...
Monday, 17 May 10
INDONESIA SHIPPED 15.51 PERCENT LESS COAL IN APRIL THAN A MONTH EARLIER
COALspot.com: Indonesia, the world largest coal exporter, shipped 23,331,542 MT of coal in April 2010, compare to 27.61 million tons in ...
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- Pipit Mutiara Jaya. PT, Indonesia
- Attock Cement Pakistan Limited
- Kohat Cement Company Ltd. - Pakistan
- CNBM International Corporation - China
- Miang Besar Coal Terminal - Indonesia
- Indian Energy Exchange, India
- The Treasury - Australian Government
- Indo Tambangraya Megah - Indonesia
- Minerals Council of Australia
- Rio Tinto Coal - Australia
- Uttam Galva Steels Limited - India
- Sindya Power Generating Company Private Ltd
- Kumho Petrochemical, South Korea
- Sojitz Corporation - Japan
- Directorate Of Revenue Intelligence - India
- Semirara Mining Corp, Philippines
- European Bulk Services B.V. - Netherlands
- Ambuja Cements Ltd - India
- Maheswari Brothers Coal Limited - India
- Price Waterhouse Coopers - Russia
- Savvy Resources Ltd - HongKong
- Goldman Sachs - Singapore
- Rashtriya Ispat Nigam Limited - India
- Marubeni Corporation - India
- Alfred C Toepfer International GmbH - Germany
- Chettinad Cement Corporation Ltd - India
- Kartika Selabumi Mining - Indonesia
- Eastern Coal Council - USA
- Energy Link Ltd, New Zealand
- Salva Resources Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Kideco Jaya Agung - Indonesia
- Economic Council, Georgia
- Wilmar Investment Holdings
- Energy Development Corp, Philippines
- South Luzon Thermal Energy Corporation
- AsiaOL BioFuels Corp., Philippines
- Larsen & Toubro Limited - India
- Leighton Contractors Pty Ltd - Australia
- Globalindo Alam Lestari - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Siam City Cement - Thailand
- Altura Mining Limited, Indonesia
- The University of Queensland
- Kalimantan Lumbung Energi - Indonesia
- Meralco Power Generation, Philippines
- Aditya Birla Group - India
- Star Paper Mills Limited - India
- ASAPP Information Group - India
- Central Electricity Authority - India
- Wood Mackenzie - Singapore
- SMC Global Power, Philippines
- The State Trading Corporation of India Ltd
- New Zealand Coal & Carbon
- Tamil Nadu electricity Board
- McConnell Dowell - Australia
- IHS Mccloskey Coal Group - USA
- Thai Mozambique Logistica
- Bank of Tokyo Mitsubishi UFJ Ltd
- Orica Mining Services - Indonesia
- Agrawal Coal Company - India
- TNB Fuel Sdn Bhd - Malaysia
- Mjunction Services Limited - India
- OPG Power Generation Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Mercator Lines Limited - India
- White Energy Company Limited
- Binh Thuan Hamico - Vietnam
- Thiess Contractors Indonesia
- Tata Chemicals Ltd - India
- Sarangani Energy Corporation, Philippines
- Commonwealth Bank - Australia
- Coal and Oil Company - UAE
- Baramulti Group, Indonesia
- Parry Sugars Refinery, India
- Planning Commission, India
- Parliament of New Zealand
- Ministry of Transport, Egypt
- GMR Energy Limited - India
- Sinarmas Energy and Mining - Indonesia
- Bhatia International Limited - India
- Bhushan Steel Limited - India
- Indogreen Group - Indonesia
- Georgia Ports Authority, United States
- Semirara Mining and Power Corporation, Philippines
- Malabar Cements Ltd - India
- VISA Power Limited - India
- PowerSource Philippines DevCo
- MS Steel International - UAE
- Bayan Resources Tbk. - Indonesia
- Samtan Co., Ltd - South Korea
- Electricity Authority, New Zealand
- Ministry of Mines - Canada
- Cement Manufacturers Association - India
- Jindal Steel & Power Ltd - India
- Essar Steel Hazira Ltd - India
- IEA Clean Coal Centre - UK
- Ceylon Electricity Board - Sri Lanka
- Vizag Seaport Private Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Renaissance Capital - South Africa
- Aboitiz Power Corporation - Philippines
- Kapuas Tunggal Persada - Indonesia
- Riau Bara Harum - Indonesia
- Global Green Power PLC Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Bulk Trading Sa - Switzerland
- Mercuria Energy - Indonesia
- Videocon Industries ltd - India
- Krishnapatnam Port Company Ltd. - India
- Therma Luzon, Inc, Philippines
- CIMB Investment Bank - Malaysia
- Singapore Mercantile Exchange
- Trasteel International SA, Italy
- Formosa Plastics Group - Taiwan
- Heidelberg Cement - Germany
- Carbofer General Trading SA - India
- Power Finance Corporation Ltd., India
- PTC India Limited - India
- Cigading International Bulk Terminal - Indonesia
- Australian Commodity Traders Exchange
- PetroVietnam Power Coal Import and Supply Company
- Siam City Cement PLC, Thailand
- Karbindo Abesyapradhi - Indoneisa
- Holcim Trading Pte Ltd - Singapore
- Ministry of Finance - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Posco Energy - South Korea
- Bukit Asam (Persero) Tbk - Indonesia
- Port Waratah Coal Services - Australia
- Karaikal Port Pvt Ltd - India
- Australian Coal Association
- Chamber of Mines of South Africa
- Jorong Barutama Greston.PT - Indonesia
- Kaltim Prima Coal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Iligan Light & Power Inc, Philippines
- Toyota Tsusho Corporation, Japan
- TeaM Sual Corporation - Philippines
- Eastern Energy - Thailand
- London Commodity Brokers - England
- Bukit Baiduri Energy - Indonesia
- Simpson Spence & Young - Indonesia
- Borneo Indobara - Indonesia
- Bhoruka Overseas - Indonesia
- Bangladesh Power Developement Board
- Orica Australia Pty. Ltd.
- GN Power Mariveles Coal Plant, Philippines
- Lanco Infratech Ltd - India
- Mintek Dendrill Indonesia
- Bharathi Cement Corporation - India
- Merrill Lynch Commodities Europe
- Ind-Barath Power Infra Limited - India
- Banpu Public Company Limited - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indonesian Coal Mining Association
- GVK Power & Infra Limited - India
- Petron Corporation, Philippines
- Madhucon Powers Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Vedanta Resources Plc - India
- LBH Netherlands Bv - Netherlands
- Pendopo Energi Batubara - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Vijayanagar Sugar Pvt Ltd - India
- Central Java Power - Indonesia
- Kepco SPC Power Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Gujarat Sidhee Cement - India
- Grasim Industreis Ltd - India
- Africa Commodities Group - South Africa
- ICICI Bank Limited - India
- Meenaskhi Energy Private Limited - India
- India Bulls Power Limited - India
- Xindia Steels Limited - India
- Bukit Makmur.PT - Indonesia
- SMG Consultants - Indonesia
- Electricity Generating Authority of Thailand
- Sakthi Sugars Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Dalmia Cement Bharat India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indian Oil Corporation Limited
- Timah Investasi Mineral - Indoneisa
- Sical Logistics Limited - India
- Indika Energy - Indonesia
- Intertek Mineral Services - Indonesia
- Deloitte Consulting - India
- Edison Trading Spa - Italy
- GAC Shipping (India) Pvt Ltd
- Kobexindo Tractors - Indoneisa
- Antam Resourcindo - Indonesia
- Standard Chartered Bank - UAE
- Bahari Cakrawala Sebuku - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Global Coal Blending Company Limited - Australia
- Global Business Power Corporation, Philippines
- Barasentosa Lestari - Indonesia
- San Jose City I Power Corp, Philippines
- Makarim & Taira - Indonesia
- Latin American Coal - Colombia
- Oldendorff Carriers - Singapore
- Coastal Gujarat Power Limited - India
- Coalindo Energy - Indonesia
- Anglo American - United Kingdom
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Romanian Commodities Exchange
- Interocean Group of Companies - India
- Sree Jayajothi Cements Limited - India
- Independent Power Producers Association of India
- Medco Energi Mining Internasional
- Manunggal Multi Energi - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- PNOC Exploration Corporation - Philippines
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