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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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Friday, 12 February 16
DRY BULK MARKET'S FORTUNES STILL TIED WITH CHINA'S ECONOMY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The inevitable slowdown of the Chinese economy was expected to hurt dry bulk shipping, but few expected the blow to be this hard, especially given ...
Friday, 12 February 16
COAL PRICES ARE EXPECTED TO DECLINE 13% IN 2016 TO $50 ATON, ON CONTINUED WEAK DEMAND AND OVERSUPPLY - WORLD BANK
COALspot.com: Thermal coal prices fell 9 percent in the fourth quarter on continued weak demand, high stocks, and surplus production, World Bank sa ...
Friday, 12 February 16
U.S. COAL PRODUCTION OFF 5.4% FROM LAST WEEK - EIA
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 12.9 million shor ...
Thursday, 11 February 16
GLOBAL NEWBUILDING ORDERBOOK IS SHRINKING ON A DAILY BASIS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
2016 has started right where 2015 left off when it comes to newbuilding ordering activity, i.e. there are slim pickings to be had from shipyards ar ...
Wednesday, 10 February 16
SOUTH AFRICA IS HOPING TO SHIP MORE COAL TO INDIA IN 2016
COALspot.com: South Africa is hoping to boost coal exports to India after shipping a record 75.4 million tonnes of coal in 2015, industry officials ...
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- Directorate Of Revenue Intelligence - India
- Semirara Mining Corp, Philippines
- Kumho Petrochemical, South Korea
- Bukit Baiduri Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Vijayanagar Sugar Pvt Ltd - India
- Attock Cement Pakistan Limited
- Eastern Coal Council - USA
- Global Coal Blending Company Limited - Australia
- Maharashtra Electricity Regulatory Commission - India
- Borneo Indobara - Indonesia
- Bhatia International Limited - India
- Makarim & Taira - Indonesia
- Simpson Spence & Young - Indonesia
- The Treasury - Australian Government
- Indogreen Group - Indonesia
- Energy Link Ltd, New Zealand
- Uttam Galva Steels Limited - India
- Iligan Light & Power Inc, Philippines
- Star Paper Mills Limited - India
- London Commodity Brokers - England
- Gujarat Mineral Development Corp Ltd - India
- Metalloyd Limited - United Kingdom
- Standard Chartered Bank - UAE
- Latin American Coal - Colombia
- European Bulk Services B.V. - Netherlands
- Goldman Sachs - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Therma Luzon, Inc, Philippines
- VISA Power Limited - India
- Sojitz Corporation - Japan
- Electricity Authority, New Zealand
- Interocean Group of Companies - India
- AsiaOL BioFuels Corp., Philippines
- PowerSource Philippines DevCo
- Savvy Resources Ltd - HongKong
- Anglo American - United Kingdom
- Meralco Power Generation, Philippines
- Chamber of Mines of South Africa
- Orica Australia Pty. Ltd.
- Thai Mozambique Logistica
- Altura Mining Limited, Indonesia
- Dalmia Cement Bharat India
- Straits Asia Resources Limited - Singapore
- Bukit Makmur.PT - Indonesia
- Petron Corporation, Philippines
- Indian Oil Corporation Limited
- Coastal Gujarat Power Limited - India
- Mintek Dendrill Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Central Electricity Authority - India
- Intertek Mineral Services - Indonesia
- Bayan Resources Tbk. - Indonesia
- Thiess Contractors Indonesia
- Renaissance Capital - South Africa
- New Zealand Coal & Carbon
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sindya Power Generating Company Private Ltd
- Asmin Koalindo Tuhup - Indonesia
- Economic Council, Georgia
- Tamil Nadu electricity Board
- Jaiprakash Power Ventures ltd
- Riau Bara Harum - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Banpu Public Company Limited - Thailand
- Ministry of Transport, Egypt
- Aboitiz Power Corporation - Philippines
- The University of Queensland
- White Energy Company Limited
- Australian Coal Association
- Ministry of Finance - Indonesia
- Toyota Tsusho Corporation, Japan
- International Coal Ventures Pvt Ltd - India
- SMC Global Power, Philippines
- Medco Energi Mining Internasional
- Bhoruka Overseas - Indonesia
- MS Steel International - UAE
- Siam City Cement PLC, Thailand
- Australian Commodity Traders Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Semirara Mining and Power Corporation, Philippines
- Romanian Commodities Exchange
- South Luzon Thermal Energy Corporation
- Kohat Cement Company Ltd. - Pakistan
- Vedanta Resources Plc - India
- ICICI Bank Limited - India
- Singapore Mercantile Exchange
- Krishnapatnam Port Company Ltd. - India
- Ind-Barath Power Infra Limited - India
- Barasentosa Lestari - Indonesia
- Gujarat Sidhee Cement - India
- Merrill Lynch Commodities Europe
- Jorong Barutama Greston.PT - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Cement Manufacturers Association - India
- Minerals Council of Australia
- Posco Energy - South Korea
- Kalimantan Lumbung Energi - Indonesia
- Xindia Steels Limited - India
- Malabar Cements Ltd - India
- Manunggal Multi Energi - Indonesia
- Electricity Generating Authority of Thailand
- Georgia Ports Authority, United States
- Sical Logistics Limited - India
- Mjunction Services Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- India Bulls Power Limited - India
- Planning Commission, India
- Tata Chemicals Ltd - India
- Bhushan Steel Limited - India
- San Jose City I Power Corp, Philippines
- Heidelberg Cement - Germany
- Coalindo Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Commonwealth Bank - Australia
- GN Power Mariveles Coal Plant, Philippines
- Price Waterhouse Coopers - Russia
- Globalindo Alam Lestari - Indonesia
- Holcim Trading Pte Ltd - Singapore
- PNOC Exploration Corporation - Philippines
- Larsen & Toubro Limited - India
- Salva Resources Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Ambuja Cements Ltd - India
- Pendopo Energi Batubara - Indonesia
- Eastern Energy - Thailand
- Ceylon Electricity Board - Sri Lanka
- Kideco Jaya Agung - Indonesia
- Maheswari Brothers Coal Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Billiton Holdings Pty Ltd - Australia
- Kobexindo Tractors - Indoneisa
- CIMB Investment Bank - Malaysia
- Kaltim Prima Coal - Indonesia
- Aditya Birla Group - India
- Karbindo Abesyapradhi - Indoneisa
- TeaM Sual Corporation - Philippines
- Port Waratah Coal Services - Australia
- SN Aboitiz Power Inc, Philippines
- Rio Tinto Coal - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Videocon Industries ltd - India
- Cigading International Bulk Terminal - Indonesia
- Agrawal Coal Company - India
- Wilmar Investment Holdings
- Marubeni Corporation - India
- Bahari Cakrawala Sebuku - Indonesia
- Sree Jayajothi Cements Limited - India
- Sarangani Energy Corporation, Philippines
- Grasim Industreis Ltd - India
- Lanco Infratech Ltd - India
- LBH Netherlands Bv - Netherlands
- Timah Investasi Mineral - Indoneisa
- Vizag Seaport Private Limited - India
- Binh Thuan Hamico - Vietnam
- Ministry of Mines - Canada
- Indian Energy Exchange, India
- Sinarmas Energy and Mining - Indonesia
- Coal and Oil Company - UAE
- Alfred C Toepfer International GmbH - Germany
- Kapuas Tunggal Persada - Indonesia
- Indika Energy - Indonesia
- Carbofer General Trading SA - India
- Bulk Trading Sa - Switzerland
- Essar Steel Hazira Ltd - India
- ASAPP Information Group - India
- Rashtriya Ispat Nigam Limited - India
- Karaikal Port Pvt Ltd - India
- Parry Sugars Refinery, India
- Deloitte Consulting - India
- Indo Tambangraya Megah - Indonesia
- Indonesian Coal Mining Association
- Siam City Cement - Thailand
- PTC India Limited - India
- Independent Power Producers Association of India
- Power Finance Corporation Ltd., India
- Edison Trading Spa - Italy
- GVK Power & Infra Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Central Java Power - Indonesia
- Trasteel International SA, Italy
- Neyveli Lignite Corporation Ltd, - India
- McConnell Dowell - Australia
- CNBM International Corporation - China
- Wood Mackenzie - Singapore
- The State Trading Corporation of India Ltd
- Energy Development Corp, Philippines
- Samtan Co., Ltd - South Korea
- Orica Mining Services - Indonesia
- IHS Mccloskey Coal Group - USA
- Leighton Contractors Pty Ltd - Australia
- Global Green Power PLC Corporation, Philippines
- Antam Resourcindo - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- SMG Consultants - Indonesia
- Baramulti Group, Indonesia
- Oldendorff Carriers - Singapore
- Mercuria Energy - Indonesia
- Bangladesh Power Developement Board
- Parliament of New Zealand
- Chettinad Cement Corporation Ltd - India
- Kartika Selabumi Mining - Indonesia
- Africa Commodities Group - South Africa
- GAC Shipping (India) Pvt Ltd
- GMR Energy Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- IEA Clean Coal Centre - UK
- OPG Power Generation Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Sakthi Sugars Limited - India
- Mercator Lines Limited - India
- Bharathi Cement Corporation - India
- Madhucon Powers Ltd - India
- Global Business Power Corporation, Philippines
- Formosa Plastics Group - Taiwan
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