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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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Sunday, 21 June 09
CHINESE MINERS SEAL THERMAL COAL DEALS WITH JAPAN AND KOREA
As the confrontation between China's power and coal enterprises become more and more serious, coal enterprises which had supposedly been in the sho ...
Sunday, 21 June 09
MERCATOR TO BUY 3 BULK VESSELS
Mercator Lines, India’s second-largest private shipping company, is expanding its capacity and is set to acquire three gearless post-Panamax b ...
Sunday, 21 June 09
COAL SCARCITY HITS BIHAR POWER PLANTS
The Rs 60,000 crore 12,500mw power projects cleared by the State Investment Planning Board (SIPB) which could change the face of Bihar if commission ...
Sunday, 21 June 09
NLC CHALKS OUT RS 40K CR INVESTMENT
Public sector mini rathna, Neyveli Lignite Corporation is in rapid expansion mode and has chalked out Rs 40,000 crore investment both in
the mining ...
Sunday, 21 June 09
TRANSPORT PROBLEMS HOLD BACK RUSSIAN COAL EXPORTS
Limited rail capacity and poor port infrastructure are frustrating the ambitions of Russia's leading coal producers to increase exports quickly to ...
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- Jorong Barutama Greston.PT - Indonesia
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- Indonesian Coal Mining Association
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- The Treasury - Australian Government
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- Standard Chartered Bank - UAE
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- GN Power Mariveles Coal Plant, Philippines
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- IHS Mccloskey Coal Group - USA
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- Ministry of Mines - Canada
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- Economic Council, Georgia
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- Africa Commodities Group - South Africa
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- Gujarat Electricity Regulatory Commission - India
- Sindya Power Generating Company Private Ltd
- Parliament of New Zealand
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- Karbindo Abesyapradhi - Indoneisa
- Planning Commission, India
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- Manunggal Multi Energi - Indonesia
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- Minerals Council of Australia
- Jaiprakash Power Ventures ltd
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- Holcim Trading Pte Ltd - Singapore
- European Bulk Services B.V. - Netherlands
- Kohat Cement Company Ltd. - Pakistan
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- Directorate Of Revenue Intelligence - India
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- Metalloyd Limited - United Kingdom
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- Barasentosa Lestari - Indonesia
- Energy Development Corp, Philippines
- Eastern Coal Council - USA
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- White Energy Company Limited
- Power Finance Corporation Ltd., India
- Makarim & Taira - Indonesia
- Central Java Power - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Electricity Generating Authority of Thailand
- Price Waterhouse Coopers - Russia
- Heidelberg Cement - Germany
- Straits Asia Resources Limited - Singapore
- Larsen & Toubro Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Ministry of Finance - Indonesia
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- Bangladesh Power Developement Board
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coalindo Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Energy Link Ltd, New Zealand
- Toyota Tsusho Corporation, Japan
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- Meenaskhi Energy Private Limited - India
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- Commonwealth Bank - Australia
- India Bulls Power Limited - India
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- Interocean Group of Companies - India
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- Intertek Mineral Services - Indonesia
- LBH Netherlands Bv - Netherlands
- Alfred C Toepfer International GmbH - Germany
- Ministry of Transport, Egypt
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- Tamil Nadu electricity Board
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- Riau Bara Harum - Indonesia
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- Petrochimia International Co. Ltd.- Taiwan
- Merrill Lynch Commodities Europe
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