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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, 01 April 09
COAL FIRMS' PROFITS NOT EXPECTED TO GROW IN '09 - - THE JAKARTA POST (ANALYSTS)
Despite their windfall profits in 2008, analysts doubt that PT Bumi Resources Tbk or any other coal firms will post profit growth this year, with pr ...
Tuesday, 31 March 09
DEUTSCHE BANK TO ADD COAL, GAS, SHIPPING IN COMMODITY EXPANSION - BLOOMBERG
Deutsche Bank AG, after quadrupling revenue from commodities in two years, plans to add coal, European natural-gas and shipping to its business, ant ...
Monday, 30 March 09
CHINA SHENHUA SAYS AGREES DOMESTIC COAL DEALS - REUTERS
Chinese coal mining giant China Shenhua Energy Co has agreed long-term contracts with some Chinese power producers, its President Ling Wen said on M ...
Sunday, 29 March 09
SHENHUA ENERGY 2008 NET RISES 29% TO RECORD ON PRICES - BLOOMBERG
China Shenhua Energy Co Ltd., the nation’s biggest coal producer, said profit rose 29 percent to a record in 2008 after it increased productio ...
Friday, 27 March 09
SOUTH AFRICAN COAL EXPORTS EXPECTED TO RISE IN 2009, BUT RAIL WILL DETERMINE BY HOW MUCH - MININGWEEKLY
South Africa has an expanding coal-export terminal, but an uncertain rail capacity.
The mismatch is something South Africa cannot afford, given i ...
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- Mercuria Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Coal and Oil Company - UAE
- Makarim & Taira - Indonesia
- Bhatia International Limited - India
- Kumho Petrochemical, South Korea
- PowerSource Philippines DevCo
- Economic Council, Georgia
- SMC Global Power, Philippines
- Savvy Resources Ltd - HongKong
- India Bulls Power Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Indian Oil Corporation Limited
- GVK Power & Infra Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Directorate General of MIneral and Coal - Indonesia
- Parry Sugars Refinery, India
- CIMB Investment Bank - Malaysia
- Goldman Sachs - Singapore
- Maheswari Brothers Coal Limited - India
- IEA Clean Coal Centre - UK
- Posco Energy - South Korea
- Gujarat Mineral Development Corp Ltd - India
- Carbofer General Trading SA - India
- White Energy Company Limited
- Star Paper Mills Limited - India
- The University of Queensland
- The State Trading Corporation of India Ltd
- Bangladesh Power Developement Board
- South Luzon Thermal Energy Corporation
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Gujarat Sidhee Cement - India
- Latin American Coal - Colombia
- Africa Commodities Group - South Africa
- Edison Trading Spa - Italy
- Vedanta Resources Plc - India
- Jindal Steel & Power Ltd - India
- Bharathi Cement Corporation - India
- Siam City Cement - Thailand
- Antam Resourcindo - Indonesia
- Kartika Selabumi Mining - Indonesia
- Timah Investasi Mineral - Indoneisa
- Siam City Cement PLC, Thailand
- European Bulk Services B.V. - Netherlands
- Formosa Plastics Group - Taiwan
- Iligan Light & Power Inc, Philippines
- Tamil Nadu electricity Board
- London Commodity Brokers - England
- San Jose City I Power Corp, Philippines
- The Treasury - Australian Government
- Videocon Industries ltd - India
- Semirara Mining Corp, Philippines
- GAC Shipping (India) Pvt Ltd
- Directorate Of Revenue Intelligence - India
- Eastern Coal Council - USA
- Mintek Dendrill Indonesia
- Standard Chartered Bank - UAE
- Baramulti Group, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Rio Tinto Coal - Australia
- Deloitte Consulting - India
- Essar Steel Hazira Ltd - India
- Central Electricity Authority - India
- Xindia Steels Limited - India
- Price Waterhouse Coopers - Russia
- McConnell Dowell - Australia
- Planning Commission, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Thiess Contractors Indonesia
- Singapore Mercantile Exchange
- Semirara Mining and Power Corporation, Philippines
- Aditya Birla Group - India
- Bayan Resources Tbk. - Indonesia
- Tata Chemicals Ltd - India
- LBH Netherlands Bv - Netherlands
- Wilmar Investment Holdings
- Indian Energy Exchange, India
- Indo Tambangraya Megah - Indonesia
- Barasentosa Lestari - Indonesia
- Australian Coal Association
- Sakthi Sugars Limited - India
- Larsen & Toubro Limited - India
- Meralco Power Generation, Philippines
- Eastern Energy - Thailand
- Power Finance Corporation Ltd., India
- Therma Luzon, Inc, Philippines
- Thai Mozambique Logistica
- Mercator Lines Limited - India
- Anglo American - United Kingdom
- Global Business Power Corporation, Philippines
- Australian Commodity Traders Exchange
- Minerals Council of Australia
- Romanian Commodities Exchange
- Sojitz Corporation - Japan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Energy Development Corp, Philippines
- AsiaOL BioFuels Corp., Philippines
- MS Steel International - UAE
- Riau Bara Harum - Indonesia
- Coalindo Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Ministry of Mines - Canada
- Orica Mining Services - Indonesia
- Grasim Industreis Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Commonwealth Bank - Australia
- Electricity Generating Authority of Thailand
- Cigading International Bulk Terminal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Dalmia Cement Bharat India
- Billiton Holdings Pty Ltd - Australia
- Ministry of Finance - Indonesia
- Kobexindo Tractors - Indoneisa
- Krishnapatnam Port Company Ltd. - India
- Salva Resources Pvt Ltd - India
- Lanco Infratech Ltd - India
- Mjunction Services Limited - India
- ASAPP Information Group - India
- Metalloyd Limited - United Kingdom
- Borneo Indobara - Indonesia
- Georgia Ports Authority, United States
- Indogreen Group - Indonesia
- ICICI Bank Limited - India
- Central Java Power - Indonesia
- Kaltim Prima Coal - Indonesia
- Cement Manufacturers Association - India
- Pipit Mutiara Jaya. PT, Indonesia
- Heidelberg Cement - Germany
- Vizag Seaport Private Limited - India
- Oldendorff Carriers - Singapore
- CNBM International Corporation - China
- Bulk Trading Sa - Switzerland
- Bhoruka Overseas - Indonesia
- Bukit Baiduri Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Altura Mining Limited, Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Bahari Cakrawala Sebuku - Indonesia
- Globalindo Alam Lestari - Indonesia
- Sinarmas Energy and Mining - Indonesia
- PTC India Limited - India
- Kalimantan Lumbung Energi - Indonesia
- IHS Mccloskey Coal Group - USA
- Parliament of New Zealand
- Marubeni Corporation - India
- Global Coal Blending Company Limited - Australia
- Pendopo Energi Batubara - Indonesia
- VISA Power Limited - India
- Coastal Gujarat Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Leighton Contractors Pty Ltd - Australia
- Energy Link Ltd, New Zealand
- Indika Energy - Indonesia
- Medco Energi Mining Internasional
- International Coal Ventures Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- New Zealand Coal & Carbon
- Sical Logistics Limited - India
- Karaikal Port Pvt Ltd - India
- Ambuja Cements Ltd - India
- Aboitiz Power Corporation - Philippines
- Madhucon Powers Ltd - India
- OPG Power Generation Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Ministry of Transport, Egypt
- Electricity Authority, New Zealand
- Kepco SPC Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Merrill Lynch Commodities Europe
- Independent Power Producers Association of India
- Alfred C Toepfer International GmbH - Germany
- Simpson Spence & Young - Indonesia
- TeaM Sual Corporation - Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Toyota Tsusho Corporation, Japan
- Attock Cement Pakistan Limited
- Offshore Bulk Terminal Pte Ltd, Singapore
- Malabar Cements Ltd - India
- SN Aboitiz Power Inc, Philippines
- Bhushan Steel Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Trasteel International SA, Italy
- Vijayanagar Sugar Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Global Green Power PLC Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Bukit Makmur.PT - Indonesia
- Agrawal Coal Company - India
- Ceylon Electricity Board - Sri Lanka
- Samtan Co., Ltd - South Korea
- Karbindo Abesyapradhi - Indoneisa
- Holcim Trading Pte Ltd - Singapore
- Orica Australia Pty. Ltd.
- Kapuas Tunggal Persada - Indonesia
- Indonesian Coal Mining Association
- PNOC Exploration Corporation - Philippines
- Sindya Power Generating Company Private Ltd
- Wood Mackenzie - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Uttam Galva Steels Limited - India
- Petron Corporation, Philippines
- Interocean Group of Companies - India
- Intertek Mineral Services - Indonesia
- Chamber of Mines of South Africa
- Sree Jayajothi Cements Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Manunggal Multi Energi - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Binh Thuan Hamico - Vietnam
- Miang Besar Coal Terminal - Indonesia
- SMG Consultants - Indonesia
- GMR Energy Limited - India
- Port Waratah Coal Services - Australia
- Maharashtra Electricity Regulatory Commission - India
- Renaissance Capital - South Africa
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