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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, 25 August 09
INDIAN FIRM TO INVEST $44 MN IN INDONESIA
Economic Times - India Times reported that, BEML Limited, India-based second largest heavy equipment producer in Asia, will invest $44 million in In ...
Tuesday, 25 August 09
BHARAT LOOKS TO BULLDOZE RIVALS WITH LOWER PRICES
The Jakarta Globe reported that, The country’s two established heavy equipment suppliers now have a competitor in the form of Indian firm Bhar ...
Tuesday, 25 August 09
PIKE RIVER DELAYS COAL EXPORTS FROM NEW ZEALAND MINE
South African mining Weekly reported that, The first 60,000-t export shipment from ASX-listed Pike River Coal’s new mine has been delayed unti ...
Monday, 24 August 09
INDONESIAN GOVT ASKED TO CONTROL COAL TRADERS, BROKERS
The Jakarta Post, the leading English news paper in Indoneisa reported that, Businesses are urging the government to bring all coal traders and brok ...
Monday, 24 August 09
10,000 MW TO BE GENERATED THROUGH THAR COAL RESERVES BY 2020
Four projects of 2450 MW approved; govt to invest Rs80bn in five years on infrastructure
The News Pakistan reported that, The Thar Coal a ...
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- Standard Chartered Bank - UAE
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- Samtan Co., Ltd - South Korea
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- India Bulls Power Limited - India
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- Ambuja Cements Ltd - India
- Eastern Energy - Thailand
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- Madhucon Powers Ltd - India
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- McConnell Dowell - Australia
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- SN Aboitiz Power Inc, Philippines
- MS Steel International - UAE
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- Coal and Oil Company - UAE
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- Meralco Power Generation, Philippines
- The Treasury - Australian Government
- Gujarat Mineral Development Corp Ltd - India
- SMG Consultants - Indonesia
- Mercator Lines Limited - India
- Ceylon Electricity Board - Sri Lanka
- Ministry of Finance - Indonesia
- Dalmia Cement Bharat India
- Electricity Authority, New Zealand
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- Bhoruka Overseas - Indonesia
- Meenaskhi Energy Private Limited - India
- Economic Council, Georgia
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- Orica Mining Services - Indonesia
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- Indian Energy Exchange, India
- White Energy Company Limited
- Price Waterhouse Coopers - Russia
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- Xindia Steels Limited - India
- Metalloyd Limited - United Kingdom
- Pendopo Energi Batubara - Indonesia
- Posco Energy - South Korea
- Medco Energi Mining Internasional
- PowerSource Philippines DevCo
- Karaikal Port Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- San Jose City I Power Corp, Philippines
- Billiton Holdings Pty Ltd - Australia
- Makarim & Taira - Indonesia
- Uttam Galva Steels Limited - India
- IHS Mccloskey Coal Group - USA
- Coastal Gujarat Power Limited - India
- Petron Corporation, Philippines
- Planning Commission, India
- PNOC Exploration Corporation - Philippines
- Kumho Petrochemical, South Korea
- Energy Link Ltd, New Zealand
- Sojitz Corporation - Japan
- Simpson Spence & Young - Indonesia
- Directorate Of Revenue Intelligence - India
- Cement Manufacturers Association - India
- Mjunction Services Limited - India
- Riau Bara Harum - Indonesia
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- PTC India Limited - India
- Anglo American - United Kingdom
- Ministry of Mines - Canada
- Petrochimia International Co. Ltd.- Taiwan
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- Kartika Selabumi Mining - Indonesia
- London Commodity Brokers - England
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- Pipit Mutiara Jaya. PT, Indonesia
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- Chamber of Mines of South Africa
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- Central Electricity Authority - India
- Tata Chemicals Ltd - India
- Romanian Commodities Exchange
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- Grasim Industreis Ltd - India
- Sakthi Sugars Limited - India
- Deloitte Consulting - India
- Mercuria Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Indika Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Electricity Generating Authority of Thailand
- Australian Coal Association
- Renaissance Capital - South Africa
- Indogreen Group - Indonesia
- VISA Power Limited - India
- Formosa Plastics Group - Taiwan
- Videocon Industries ltd - India
- Goldman Sachs - Singapore
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Australian Commodity Traders Exchange
- Barasentosa Lestari - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Merrill Lynch Commodities Europe
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- Commonwealth Bank - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Marubeni Corporation - India
- Port Waratah Coal Services - Australia
- Manunggal Multi Energi - Indonesia
- Miang Besar Coal Terminal - Indonesia
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- Trasteel International SA, Italy
- PetroVietnam Power Coal Import and Supply Company
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- Therma Luzon, Inc, Philippines
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- Thiess Contractors Indonesia
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- Minerals Council of Australia
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- Kobexindo Tractors - Indoneisa
- Banpu Public Company Limited - Thailand
- Timah Investasi Mineral - Indoneisa
- Africa Commodities Group - South Africa
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- TeaM Sual Corporation - Philippines
- ASAPP Information Group - India
- Bukit Makmur.PT - Indonesia
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- Savvy Resources Ltd - HongKong
- Baramulti Group, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ministry of Transport, Egypt
- Bhushan Steel Limited - India
- Agrawal Coal Company - India
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- Bangladesh Power Developement Board
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Eastern Coal Council - USA
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