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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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Saturday, 13 June 09
CLEARLY THE DRIVER FOR DRY BULK MARKET SEEMS TO BE IMPORTS BY CHINA - VISTAAR SINGAPORE
COALspot.com (Singapore): The market saw mixed results last week. The beginning of the week saw the indices dropping including the futures , however t ...
Friday, 12 June 09
SOUTH SUMATERA SPEEDS UP INTERNATIONAL HARBOR CONSTRUCTION - TEMPO INTERACTIVE
The South Sumatera Government will speed up construction of the international harbor Tanjung Api-Api. The harbor is a strategic entry point for comm ...
Friday, 12 June 09
CHINA SHENHUA NOT EYEING NEW FOREIGN COAL MINES - MEDIA
China Shenhua Energy Co Ltd , the top Chinese coal miner, will not consider buying any major overseas mines before it starts operating the Watermark ...
Friday, 12 June 09
CHINA TOP POWER COS SIGN REGIONAL COAL DEALS - REUTERS
China's top five power generating groups have signed 2009 coal supply contracts with miners in Guizhou and Xinjiang, with prices up 4 percent on th ...
Friday, 12 June 09
MERCATOR LINES TARGETS 30 MILLION TONNE FROM MOZAMBIQUE COAL MINE - STEEL GURU
India’s second largest private shipping company Mercator Lines has targeted production of 30 million tonnes of coal from its Mozambique mine o ...
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- Sindya Power Generating Company Private Ltd
- Pendopo Energi Batubara - Indonesia
- IHS Mccloskey Coal Group - USA
- Barasentosa Lestari - Indonesia
- IEA Clean Coal Centre - UK
- Straits Asia Resources Limited - Singapore
- Kobexindo Tractors - Indoneisa
- Australian Commodity Traders Exchange
- Gujarat Sidhee Cement - India
- Vizag Seaport Private Limited - India
- Eastern Coal Council - USA
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sical Logistics Limited - India
- Ceylon Electricity Board - Sri Lanka
- Marubeni Corporation - India
- Semirara Mining Corp, Philippines
- Orica Australia Pty. Ltd.
- Meenaskhi Energy Private Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- New Zealand Coal & Carbon
- Energy Development Corp, Philippines
- Bangladesh Power Developement Board
- AsiaOL BioFuels Corp., Philippines
- Alfred C Toepfer International GmbH - Germany
- Sarangani Energy Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Coastal Gujarat Power Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Vedanta Resources Plc - India
- Commonwealth Bank - Australia
- PTC India Limited - India
- Global Coal Blending Company Limited - Australia
- Krishnapatnam Port Company Ltd. - India
- SN Aboitiz Power Inc, Philippines
- White Energy Company Limited
- Altura Mining Limited, Indonesia
- Rashtriya Ispat Nigam Limited - India
- Bayan Resources Tbk. - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Videocon Industries ltd - India
- Jaiprakash Power Ventures ltd
- Binh Thuan Hamico - Vietnam
- GMR Energy Limited - India
- Ind-Barath Power Infra Limited - India
- Thiess Contractors Indonesia
- Directorate Of Revenue Intelligence - India
- Attock Cement Pakistan Limited
- Indika Energy - Indonesia
- Jindal Steel & Power Ltd - India
- Bulk Trading Sa - Switzerland
- Madhucon Powers Ltd - India
- Kumho Petrochemical, South Korea
- Petrochimia International Co. Ltd.- Taiwan
- Romanian Commodities Exchange
- Antam Resourcindo - Indonesia
- Therma Luzon, Inc, Philippines
- Siam City Cement - Thailand
- GN Power Mariveles Coal Plant, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Electricity Authority, New Zealand
- ASAPP Information Group - India
- Kepco SPC Power Corporation, Philippines
- Cement Manufacturers Association - India
- Aboitiz Power Corporation - Philippines
- Electricity Generating Authority of Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Edison Trading Spa - Italy
- Bhushan Steel Limited - India
- Mintek Dendrill Indonesia
- SMG Consultants - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Carbofer General Trading SA - India
- Energy Link Ltd, New Zealand
- Posco Energy - South Korea
- Miang Besar Coal Terminal - Indonesia
- GAC Shipping (India) Pvt Ltd
- Samtan Co., Ltd - South Korea
- Sinarmas Energy and Mining - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Grasim Industreis Ltd - India
- Petron Corporation, Philippines
- Agrawal Coal Company - India
- Anglo American - United Kingdom
- PetroVietnam Power Coal Import and Supply Company
- Kapuas Tunggal Persada - Indonesia
- Central Electricity Authority - India
- OPG Power Generation Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- ICICI Bank Limited - India
- Bhoruka Overseas - Indonesia
- Tata Chemicals Ltd - India
- Ministry of Mines - Canada
- Latin American Coal - Colombia
- European Bulk Services B.V. - Netherlands
- Medco Energi Mining Internasional
- Gujarat Electricity Regulatory Commission - India
- Ministry of Finance - Indonesia
- Renaissance Capital - South Africa
- Maheswari Brothers Coal Limited - India
- The University of Queensland
- Georgia Ports Authority, United States
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Trasteel International SA, Italy
- Makarim & Taira - Indonesia
- Karaikal Port Pvt Ltd - India
- MS Steel International - UAE
- Global Business Power Corporation, Philippines
- Australian Coal Association
- The State Trading Corporation of India Ltd
- Vijayanagar Sugar Pvt Ltd - India
- Mercuria Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Indogreen Group - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Eastern Energy - Thailand
- Simpson Spence & Young - Indonesia
- Parry Sugars Refinery, India
- Iligan Light & Power Inc, Philippines
- Price Waterhouse Coopers - Russia
- Planning Commission, India
- LBH Netherlands Bv - Netherlands
- Borneo Indobara - Indonesia
- Indian Energy Exchange, India
- Kartika Selabumi Mining - Indonesia
- VISA Power Limited - India
- Rio Tinto Coal - Australia
- Dalmia Cement Bharat India
- Mercator Lines Limited - India
- Timah Investasi Mineral - Indoneisa
- Wilmar Investment Holdings
- Riau Bara Harum - Indonesia
- Globalindo Alam Lestari - Indonesia
- Sree Jayajothi Cements Limited - India
- Siam City Cement PLC, Thailand
- Singapore Mercantile Exchange
- Power Finance Corporation Ltd., India
- Intertek Mineral Services - Indonesia
- International Coal Ventures Pvt Ltd - India
- Larsen & Toubro Limited - India
- Goldman Sachs - Singapore
- Chamber of Mines of South Africa
- Interocean Group of Companies - India
- Bukit Baiduri Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- South Luzon Thermal Energy Corporation
- Toyota Tsusho Corporation, Japan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Central Java Power - Indonesia
- Minerals Council of Australia
- Savvy Resources Ltd - HongKong
- Ambuja Cements Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Tamil Nadu electricity Board
- The Treasury - Australian Government
- Parliament of New Zealand
- Meralco Power Generation, Philippines
- Wood Mackenzie - Singapore
- Manunggal Multi Energi - Indonesia
- Xindia Steels Limited - India
- Leighton Contractors Pty Ltd - Australia
- Global Green Power PLC Corporation, Philippines
- Sakthi Sugars Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Mjunction Services Limited - India
- SMC Global Power, Philippines
- Independent Power Producers Association of India
- Merrill Lynch Commodities Europe
- Indo Tambangraya Megah - Indonesia
- Ministry of Transport, Egypt
- Maharashtra Electricity Regulatory Commission - India
- PowerSource Philippines DevCo
- Kaltim Prima Coal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- CNBM International Corporation - China
- Star Paper Mills Limited - India
- Kideco Jaya Agung - Indonesia
- McConnell Dowell - Australia
- Indian Oil Corporation Limited
- Port Waratah Coal Services - Australia
- San Jose City I Power Corp, Philippines
- Economic Council, Georgia
- Uttam Galva Steels Limited - India
- Coal and Oil Company - UAE
- Gujarat Mineral Development Corp Ltd - India
- Lanco Infratech Ltd - India
- Deloitte Consulting - India
- India Bulls Power Limited - India
- Orica Mining Services - Indonesia
- Essar Steel Hazira Ltd - India
- Holcim Trading Pte Ltd - Singapore
- GVK Power & Infra Limited - India
- Cigading International Bulk Terminal - Indonesia
- Coalindo Energy - Indonesia
- Heidelberg Cement - Germany
- Thai Mozambique Logistica
- Bhatia International Limited - India
- Aditya Birla Group - India
- Oldendorff Carriers - Singapore
- Malabar Cements Ltd - India
- Metalloyd Limited - United Kingdom
- Bukit Makmur.PT - Indonesia
- Standard Chartered Bank - UAE
- Baramulti Group, Indonesia
- Billiton Holdings Pty Ltd - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Formosa Plastics Group - Taiwan
- Sojitz Corporation - Japan
- Jorong Barutama Greston.PT - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Banpu Public Company Limited - Thailand
- CIMB Investment Bank - Malaysia
- Bharathi Cement Corporation - India
- Indonesian Coal Mining Association
- Salva Resources Pvt Ltd - India
- Africa Commodities Group - South Africa
- London Commodity Brokers - England
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