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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, 09 October 09
INDIKA IN TALKS TO SELL 4M TONS OF COAL, EYEING BP ASSETS
The Jakarta Post reported that, Energy company PT Indika Energy is in talks with Indian buyers to sell 4 million tons of coal next year, one of its ...
Friday, 09 October 09
BULK-SHIPPING LINES MUST CANCEL 50% OF NEW ORDERS, PLATOU SAYS
Bloomberg reported that, Bulk-shipping lines need to cancel half of the new vessels they have on order to ease a capacity glut and revive freight ra ...
Friday, 09 October 09
THE BALTIC DRY INDEX WOKE UP: DRY BULK MARKET ON THE RISE
Hellenic Shipping News reported that, In what could prove the beginning of a new and sustainable rally for the dry bulk market, the BDI (Baltic Dry ...
Friday, 09 October 09
STRAITS ASIA INDONESIAN MINE COAL LOADER COLLAPSES
* New coal loading facility collapsed due to heavy rain
* Older coal loading facility seem unaffected so far
* UBS may cut valuation if disruption ...
Thursday, 08 October 09
COAL INDIA SAYS IMPORTS COULD JUMP 10 TIMES IN 3 YRS
Reuters reported that, Coal imports by state explorer Coal India Ltd could jump 10 times to 40-45 million tonnes in three years to meet a sharp rise ...
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- Leighton Contractors Pty Ltd - Australia
- Merrill Lynch Commodities Europe
- Savvy Resources Ltd - HongKong
- Sojitz Corporation - Japan
- SN Aboitiz Power Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Cement Manufacturers Association - India
- Madhucon Powers Ltd - India
- Bukit Makmur.PT - Indonesia
- Ind-Barath Power Infra Limited - India
- Sical Logistics Limited - India
- Port Waratah Coal Services - Australia
- Kohat Cement Company Ltd. - Pakistan
- VISA Power Limited - India
- Independent Power Producers Association of India
- Oldendorff Carriers - Singapore
- Toyota Tsusho Corporation, Japan
- Therma Luzon, Inc, Philippines
- Meralco Power Generation, Philippines
- White Energy Company Limited
- San Jose City I Power Corp, Philippines
- Essar Steel Hazira Ltd - India
- OPG Power Generation Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Chamber of Mines of South Africa
- Interocean Group of Companies - India
- Coal and Oil Company - UAE
- Maheswari Brothers Coal Limited - India
- Eastern Energy - Thailand
- Romanian Commodities Exchange
- Edison Trading Spa - Italy
- Indika Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Bharathi Cement Corporation - India
- IHS Mccloskey Coal Group - USA
- Posco Energy - South Korea
- Ceylon Electricity Board - Sri Lanka
- Karbindo Abesyapradhi - Indoneisa
- Parry Sugars Refinery, India
- The University of Queensland
- Kumho Petrochemical, South Korea
- Bangladesh Power Developement Board
- Petrochimia International Co. Ltd.- Taiwan
- Sarangani Energy Corporation, Philippines
- Economic Council, Georgia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PTC India Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Renaissance Capital - South Africa
- Neyveli Lignite Corporation Ltd, - India
- Medco Energi Mining Internasional
- Aditya Birla Group - India
- Latin American Coal - Colombia
- Metalloyd Limited - United Kingdom
- Miang Besar Coal Terminal - Indonesia
- Banpu Public Company Limited - Thailand
- Pendopo Energi Batubara - Indonesia
- Altura Mining Limited, Indonesia
- MS Steel International - UAE
- Orica Australia Pty. Ltd.
- Maharashtra Electricity Regulatory Commission - India
- Makarim & Taira - Indonesia
- Borneo Indobara - Indonesia
- Carbofer General Trading SA - India
- Mercuria Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Rio Tinto Coal - Australia
- TeaM Sual Corporation - Philippines
- Jaiprakash Power Ventures ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Indogreen Group - Indonesia
- Indian Oil Corporation Limited
- Georgia Ports Authority, United States
- GVK Power & Infra Limited - India
- Goldman Sachs - Singapore
- Standard Chartered Bank - UAE
- Gujarat Electricity Regulatory Commission - India
- Global Business Power Corporation, Philippines
- Orica Mining Services - Indonesia
- Bulk Trading Sa - Switzerland
- Tamil Nadu electricity Board
- Globalindo Alam Lestari - Indonesia
- Riau Bara Harum - Indonesia
- ASAPP Information Group - India
- Kapuas Tunggal Persada - Indonesia
- Wilmar Investment Holdings
- Jorong Barutama Greston.PT - Indonesia
- Uttam Galva Steels Limited - India
- Attock Cement Pakistan Limited
- Kaltim Prima Coal - Indonesia
- Lanco Infratech Ltd - India
- Siam City Cement - Thailand
- Videocon Industries ltd - India
- Sakthi Sugars Limited - India
- Energy Development Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Salva Resources Pvt Ltd - India
- Australian Coal Association
- The State Trading Corporation of India Ltd
- Thiess Contractors Indonesia
- Indian Energy Exchange, India
- Price Waterhouse Coopers - Russia
- GAC Shipping (India) Pvt Ltd
- Alfred C Toepfer International GmbH - Germany
- Kepco SPC Power Corporation, Philippines
- Central Electricity Authority - India
- Kobexindo Tractors - Indoneisa
- Baramulti Group, Indonesia
- Antam Resourcindo - Indonesia
- Intertek Mineral Services - Indonesia
- Semirara Mining and Power Corporation, Philippines
- IEA Clean Coal Centre - UK
- Samtan Co., Ltd - South Korea
- Global Green Power PLC Corporation, Philippines
- Agrawal Coal Company - India
- Bhoruka Overseas - Indonesia
- Xindia Steels Limited - India
- Heidelberg Cement - Germany
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Billiton Holdings Pty Ltd - Australia
- ICICI Bank Limited - India
- SMG Consultants - Indonesia
- Grasim Industreis Ltd - India
- Binh Thuan Hamico - Vietnam
- Sindya Power Generating Company Private Ltd
- European Bulk Services B.V. - Netherlands
- Sinarmas Energy and Mining - Indonesia
- Planning Commission, India
- Meenaskhi Energy Private Limited - India
- Semirara Mining Corp, Philippines
- Coalindo Energy - Indonesia
- Australian Commodity Traders Exchange
- Larsen & Toubro Limited - India
- GMR Energy Limited - India
- Africa Commodities Group - South Africa
- Cigading International Bulk Terminal - Indonesia
- Trasteel International SA, Italy
- Jindal Steel & Power Ltd - India
- Tata Chemicals Ltd - India
- Gujarat Sidhee Cement - India
- Karaikal Port Pvt Ltd - India
- Singapore Mercantile Exchange
- London Commodity Brokers - England
- Bhushan Steel Limited - India
- Barasentosa Lestari - Indonesia
- Aboitiz Power Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- International Coal Ventures Pvt Ltd - India
- New Zealand Coal & Carbon
- Holcim Trading Pte Ltd - Singapore
- South Luzon Thermal Energy Corporation
- Ambuja Cements Ltd - India
- Ministry of Finance - Indonesia
- Sree Jayajothi Cements Limited - India
- Vedanta Resources Plc - India
- Anglo American - United Kingdom
- CIMB Investment Bank - Malaysia
- Straits Asia Resources Limited - Singapore
- Star Paper Mills Limited - India
- Iligan Light & Power Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Offshore Bulk Terminal Pte Ltd, Singapore
- Minerals Council of Australia
- Petron Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Mercator Lines Limited - India
- Electricity Generating Authority of Thailand
- PowerSource Philippines DevCo
- Kartika Selabumi Mining - Indonesia
- Bayan Resources Tbk. - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- AsiaOL BioFuels Corp., Philippines
- Eastern Coal Council - USA
- Bahari Cakrawala Sebuku - Indonesia
- Deloitte Consulting - India
- Siam City Cement PLC, Thailand
- Chettinad Cement Corporation Ltd - India
- Parliament of New Zealand
- The Treasury - Australian Government
- India Bulls Power Limited - India
- SMC Global Power, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Mjunction Services Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- PetroVietnam Power Coal Import and Supply Company
- Indonesian Coal Mining Association
- Marubeni Corporation - India
- Coastal Gujarat Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- Electricity Authority, New Zealand
- Gujarat Mineral Development Corp Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Central Java Power - Indonesia
- Ministry of Transport, Egypt
- Thai Mozambique Logistica
- Wood Mackenzie - Singapore
- Energy Link Ltd, New Zealand
- Kideco Jaya Agung - Indonesia
- Global Coal Blending Company Limited - Australia
- Ministry of Mines - Canada
- CNBM International Corporation - China
- Power Finance Corporation Ltd., India
- Mintek Dendrill Indonesia
- Manunggal Multi Energi - Indonesia
- PNOC Exploration Corporation - Philippines
- Timah Investasi Mineral - Indoneisa
- Pipit Mutiara Jaya. PT, Indonesia
- Simpson Spence & Young - Indonesia
- Vizag Seaport Private Limited - India
- McConnell Dowell - Australia
- Dalmia Cement Bharat India
- Commonwealth Bank - Australia
- Bhatia International Limited - India
- Malabar Cements Ltd - India
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