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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, 13 May 09
INDONESIA ADARO NET PROFIT, REVENUE TO RISE IN 2009 - REUTERS
INDONESIA's largest coal producer by market value, PT Adaro Energy Tbk, expects double-digit growth in revenue and net profit this year, an officia ...
Wednesday, 13 May 09
ALPHA TO BUY RIVAL, CREATING NEW US COAL HEAVYWEIGHT - MININGWEEKLY.COM
Alpha Natural Resources, the biggest supplier of metallurgical coal in the US, has agreed to buy Maryland-based rival Foundation Coal for about $1,4 ...
Tuesday, 12 May 09
CHINA MINERS CUT COAL PRICE OFFER TO JAPAN UTILITIES - ALIBABA.COM
* Producers cut offer to $75.50 a tonne from over $80
* Negotiations may conclude soon as price gap narrows
* New offer at discount of about 43 pe ...
Tuesday, 12 May 09
INDO TAMBANGRAYA SEES 2010 COAL OUTPUT UP 25 PCT - REUTERS
Indonesian coal miner, PT Indo Tambangraya Megah (ITMG.JK), expects coal output to increase by up to 25 percent next year as production kicks in at ...
Tuesday, 12 May 09
INDIKA EXPECTS TO INCREASE COAL PRODUCTION BY 12.68% IN 2010 - THE JAKARTA POST
Energy and infrastructure company PT Indika Energy, the parent company of Indonesia's third largest coal producer PT Kideco Jaya Agung, expects its ...
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Aboitiz Power Corporation - Philippines
- Thiess Contractors Indonesia
- Australian Commodity Traders Exchange
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- PTC India Limited - India
- Port Waratah Coal Services - Australia
- Oldendorff Carriers - Singapore
- Petron Corporation, Philippines
- Wood Mackenzie - Singapore
- Salva Resources Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Ministry of Mines - Canada
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- MS Steel International - UAE
- Directorate General of MIneral and Coal - Indonesia
- Madhucon Powers Ltd - India
- PNOC Exploration Corporation - Philippines
- Toyota Tsusho Corporation, Japan
- Eastern Energy - Thailand
- Global Green Power PLC Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Wilmar Investment Holdings
- Chamber of Mines of South Africa
- OPG Power Generation Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Posco Energy - South Korea
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- LBH Netherlands Bv - Netherlands
- Renaissance Capital - South Africa
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- Indonesian Coal Mining Association
- Rio Tinto Coal - Australia
- Bhushan Steel Limited - India
- Ministry of Transport, Egypt
- Uttam Galva Steels Limited - India
- Sindya Power Generating Company Private Ltd
- ASAPP Information Group - India
- Australian Coal Association
- Iligan Light & Power Inc, Philippines
- Independent Power Producers Association of India
- Simpson Spence & Young - Indonesia
- SMC Global Power, Philippines
- International Coal Ventures Pvt Ltd - India
- Indika Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Formosa Plastics Group - Taiwan
- Coal and Oil Company - UAE
- Bukit Asam (Persero) Tbk - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Goldman Sachs - Singapore
- South Luzon Thermal Energy Corporation
- Romanian Commodities Exchange
- Bhatia International Limited - India
- Altura Mining Limited, Indonesia
- GMR Energy Limited - India
- Coastal Gujarat Power Limited - India
- Vizag Seaport Private Limited - India
- Interocean Group of Companies - India
- Orica Mining Services - Indonesia
- Metalloyd Limited - United Kingdom
- The University of Queensland
- Energy Link Ltd, New Zealand
- Miang Besar Coal Terminal - Indonesia
- Borneo Indobara - Indonesia
- Kideco Jaya Agung - Indonesia
- Carbofer General Trading SA - India
- Trasteel International SA, Italy
- Gujarat Mineral Development Corp Ltd - India
- Eastern Coal Council - USA
- Mintek Dendrill Indonesia
- Ind-Barath Power Infra Limited - India
- Sinarmas Energy and Mining - Indonesia
- GAC Shipping (India) Pvt Ltd
- ICICI Bank Limited - India
- Georgia Ports Authority, United States
- TNB Fuel Sdn Bhd - Malaysia
- GVK Power & Infra Limited - India
- Globalindo Alam Lestari - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Indogreen Group - Indonesia
- Karaikal Port Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Parry Sugars Refinery, India
- Lanco Infratech Ltd - India
- Power Finance Corporation Ltd., India
- Energy Development Corp, Philippines
- IHS Mccloskey Coal Group - USA
- Intertek Mineral Services - Indonesia
- Therma Luzon, Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Vedanta Resources Plc - India
- White Energy Company Limited
- Merrill Lynch Commodities Europe
- Cement Manufacturers Association - India
- Anglo American - United Kingdom
- Neyveli Lignite Corporation Ltd, - India
- Sree Jayajothi Cements Limited - India
- Sical Logistics Limited - India
- Chettinad Cement Corporation Ltd - India
- Siam City Cement PLC, Thailand
- San Jose City I Power Corp, Philippines
- Singapore Mercantile Exchange
- Timah Investasi Mineral - Indoneisa
- India Bulls Power Limited - India
- Manunggal Multi Energi - Indonesia
- Savvy Resources Ltd - HongKong
- Parliament of New Zealand
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- Pipit Mutiara Jaya. PT, Indonesia
- Standard Chartered Bank - UAE
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- Electricity Authority, New Zealand
- McConnell Dowell - Australia
- Global Business Power Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Directorate Of Revenue Intelligence - India
- Mjunction Services Limited - India
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- CIMB Investment Bank - Malaysia
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- Jaiprakash Power Ventures ltd
- Kohat Cement Company Ltd. - Pakistan
- Cigading International Bulk Terminal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- VISA Power Limited - India
- Antam Resourcindo - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Marubeni Corporation - India
- Grasim Industreis Ltd - India
- Ministry of Finance - Indonesia
- Maheswari Brothers Coal Limited - India
- Edison Trading Spa - Italy
- Rashtriya Ispat Nigam Limited - India
- Malabar Cements Ltd - India
- Deloitte Consulting - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Semirara Mining Corp, Philippines
- Commonwealth Bank - Australia
- Agrawal Coal Company - India
- Vijayanagar Sugar Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Economic Council, Georgia
- Orica Australia Pty. Ltd.
- PowerSource Philippines DevCo
- Siam City Cement - Thailand
- London Commodity Brokers - England
- CNBM International Corporation - China
- Bayan Resources Tbk. - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Bukit Makmur.PT - Indonesia
- SMG Consultants - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Bukit Baiduri Energy - Indonesia
- Indian Energy Exchange, India
- Kartika Selabumi Mining - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- TeaM Sual Corporation - Philippines
- Attock Cement Pakistan Limited
- Ambuja Cements Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Sidhee Cement - India
- Mercator Lines Limited - India
- Central Electricity Authority - India
- Billiton Holdings Pty Ltd - Australia
- New Zealand Coal & Carbon
- Sakthi Sugars Limited - India
- Bhoruka Overseas - Indonesia
- Straits Asia Resources Limited - Singapore
- Minerals Council of Australia
- Central Java Power - Indonesia
- Indian Oil Corporation Limited
- Latin American Coal - Colombia
- Kepco SPC Power Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Price Waterhouse Coopers - Russia
- Banpu Public Company Limited - Thailand
- Africa Commodities Group - South Africa
- Electricity Generating Authority of Thailand
- Aditya Birla Group - India
- Barasentosa Lestari - Indonesia
- Bharathi Cement Corporation - India
- Meralco Power Generation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The State Trading Corporation of India Ltd
- Kaltim Prima Coal - Indonesia
- Pendopo Energi Batubara - Indonesia
- Dalmia Cement Bharat India
- Heidelberg Cement - Germany
- Larsen & Toubro Limited - India
- Star Paper Mills Limited - India
- The Treasury - Australian Government
- Bulk Trading Sa - Switzerland
- Makarim & Taira - Indonesia
- Global Coal Blending Company Limited - Australia
- PetroVietnam Power Coal Import and Supply Company
- SN Aboitiz Power Inc, Philippines
- Binh Thuan Hamico - Vietnam
- Sojitz Corporation - Japan
- Asmin Koalindo Tuhup - Indonesia
- Planning Commission, India
- Riau Bara Harum - Indonesia
- Baramulti Group, Indonesia
- Mercuria Energy - Indonesia
- Xindia Steels Limited - India
- Bangladesh Power Developement Board
- Coalindo Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Thai Mozambique Logistica
- Essar Steel Hazira Ltd - India
- Medco Energi Mining Internasional
- Asia Pacific Energy Resources Ventures Inc, Philippines
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