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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, 21 January 15
PANAMAX MARKET MOVED SIDEWAYS OVERALL LAST WEEK - INTERMODAL
COALspot.com: The positive sentiment in which the week prior ended carried on through-out last week as well, the end of which marked the first posi ...
Wednesday, 21 January 15
SHIFT IN INTERNATIONAL COAL TRADE TO THE PACIFIC BASIN WILL CONTINUE - IMF
COALspot.com: The shift in international coal trade to the Pacific Basin will continue, IMF said in its latest Medium-Term Coal Market Report.
...
Wednesday, 21 January 15
MARKET INSIGHT - VASSILIS LOGOTHETIS, INTERMODAL
The World Bank has lowered its forecast for global growth in 2015 to 3% down from its previous level of 3.4% amid rising concerns over the economic ...
Wednesday, 21 January 15
THERMAL COAL PRICE OUTLOOK DEPENDENT ON INDIAN IMPORT DEMAND - MATTHEW BOYLE, CRU
COALspot.com: Supply and demand side developments in India will be an important determinant of future market dynamics and prices for thermal coal a ...
Wednesday, 21 January 15
PORT OF NEWCASTLE COAL EXPORTS JUMP 16.19% ON MONTH TO 15.80 MIL MT IN DECEMBER' 14
COALspot.com: The Port of Newcastle, Australia’s major trading ports and the world’s largest coal export port, has shipped $1.136 billi ...
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- Parry Sugars Refinery, India
- Vijayanagar Sugar Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Intertek Mineral Services - Indonesia
- Chamber of Mines of South Africa
- Antam Resourcindo - Indonesia
- Siam City Cement - Thailand
- Bukit Baiduri Energy - Indonesia
- Eastern Energy - Thailand
- Singapore Mercantile Exchange
- Carbofer General Trading SA - India
- GMR Energy Limited - India
- Oldendorff Carriers - Singapore
- Siam City Cement PLC, Thailand
- Chettinad Cement Corporation Ltd - India
- Pendopo Energi Batubara - Indonesia
- The State Trading Corporation of India Ltd
- Electricity Authority, New Zealand
- Krishnapatnam Port Company Ltd. - India
- Bharathi Cement Corporation - India
- Kideco Jaya Agung - Indonesia
- Salva Resources Pvt Ltd - India
- Aditya Birla Group - India
- Directorate General of MIneral and Coal - Indonesia
- Riau Bara Harum - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Sree Jayajothi Cements Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Merrill Lynch Commodities Europe
- Lanco Infratech Ltd - India
- Georgia Ports Authority, United States
- Sakthi Sugars Limited - India
- IHS Mccloskey Coal Group - USA
- Sarangani Energy Corporation, Philippines
- Savvy Resources Ltd - HongKong
- IEA Clean Coal Centre - UK
- Goldman Sachs - Singapore
- Toyota Tsusho Corporation, Japan
- Edison Trading Spa - Italy
- Iligan Light & Power Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Commonwealth Bank - Australia
- Alfred C Toepfer International GmbH - Germany
- Karaikal Port Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mintek Dendrill Indonesia
- Bhatia International Limited - India
- SMC Global Power, Philippines
- Global Business Power Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Central Electricity Authority - India
- TNB Fuel Sdn Bhd - Malaysia
- Vizag Seaport Private Limited - India
- Planning Commission, India
- McConnell Dowell - Australia
- Coal and Oil Company - UAE
- Global Coal Blending Company Limited - Australia
- Electricity Generating Authority of Thailand
- Minerals Council of Australia
- Thiess Contractors Indonesia
- Renaissance Capital - South Africa
- ASAPP Information Group - India
- Asmin Koalindo Tuhup - Indonesia
- VISA Power Limited - India
- Meenaskhi Energy Private Limited - India
- Indo Tambangraya Megah - Indonesia
- Indonesian Coal Mining Association
- Sojitz Corporation - Japan
- MS Steel International - UAE
- Cigading International Bulk Terminal - Indonesia
- Australian Coal Association
- Jaiprakash Power Ventures ltd
- Leighton Contractors Pty Ltd - Australia
- Kaltim Prima Coal - Indonesia
- CIMB Investment Bank - Malaysia
- Gujarat Sidhee Cement - India
- Aboitiz Power Corporation - Philippines
- SMG Consultants - Indonesia
- OPG Power Generation Pvt Ltd - India
- The Treasury - Australian Government
- Petron Corporation, Philippines
- Star Paper Mills Limited - India
- Global Green Power PLC Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Mjunction Services Limited - India
- Globalindo Alam Lestari - Indonesia
- GVK Power & Infra Limited - India
- Therma Luzon, Inc, Philippines
- Price Waterhouse Coopers - Russia
- Formosa Plastics Group - Taiwan
- New Zealand Coal & Carbon
- Gujarat Mineral Development Corp Ltd - India
- Jindal Steel & Power Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Bulk Trading Sa - Switzerland
- Metalloyd Limited - United Kingdom
- The University of Queensland
- Anglo American - United Kingdom
- Vedanta Resources Plc - India
- Standard Chartered Bank - UAE
- Miang Besar Coal Terminal - Indonesia
- Medco Energi Mining Internasional
- Africa Commodities Group - South Africa
- PetroVietnam Power Coal Import and Supply Company
- Straits Asia Resources Limited - Singapore
- Ministry of Mines - Canada
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Maheswari Brothers Coal Limited - India
- Holcim Trading Pte Ltd - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Orica Mining Services - Indonesia
- Ambuja Cements Ltd - India
- Kobexindo Tractors - Indoneisa
- Tata Chemicals Ltd - India
- India Bulls Power Limited - India
- Borneo Indobara - Indonesia
- Coalindo Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Central Java Power - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Kartika Selabumi Mining - Indonesia
- Attock Cement Pakistan Limited
- ICICI Bank Limited - India
- South Luzon Thermal Energy Corporation
- Grasim Industreis Ltd - India
- Sical Logistics Limited - India
- Sindya Power Generating Company Private Ltd
- Madhucon Powers Ltd - India
- Larsen & Toubro Limited - India
- GAC Shipping (India) Pvt Ltd
- Dalmia Cement Bharat India
- Indogreen Group - Indonesia
- Ministry of Transport, Egypt
- Indian Oil Corporation Limited
- LBH Netherlands Bv - Netherlands
- Orica Australia Pty. Ltd.
- Cement Manufacturers Association - India
- PTC India Limited - India
- White Energy Company Limited
- Independent Power Producers Association of India
- Sinarmas Energy and Mining - Indonesia
- European Bulk Services B.V. - Netherlands
- San Jose City I Power Corp, Philippines
- Power Finance Corporation Ltd., India
- CNBM International Corporation - China
- Samtan Co., Ltd - South Korea
- London Commodity Brokers - England
- Bangladesh Power Developement Board
- Maharashtra Electricity Regulatory Commission - India
- Pipit Mutiara Jaya. PT, Indonesia
- Bukit Makmur.PT - Indonesia
- Bhoruka Overseas - Indonesia
- Banpu Public Company Limited - Thailand
- Ceylon Electricity Board - Sri Lanka
- Mercuria Energy - Indonesia
- Energy Link Ltd, New Zealand
- Wilmar Investment Holdings
- Latin American Coal - Colombia
- Ministry of Finance - Indonesia
- Coastal Gujarat Power Limited - India
- Videocon Industries ltd - India
- Directorate Of Revenue Intelligence - India
- Indika Energy - Indonesia
- Economic Council, Georgia
- Binh Thuan Hamico - Vietnam
- Port Waratah Coal Services - Australia
- Kumho Petrochemical, South Korea
- Ind-Barath Power Infra Limited - India
- Tamil Nadu electricity Board
- Offshore Bulk Terminal Pte Ltd, Singapore
- Rashtriya Ispat Nigam Limited - India
- Trasteel International SA, Italy
- Semirara Mining Corp, Philippines
- Simpson Spence & Young - Indonesia
- Mercator Lines Limited - India
- Posco Energy - South Korea
- Kapuas Tunggal Persada - Indonesia
- Rio Tinto Coal - Australia
- Kepco SPC Power Corporation, Philippines
- Malabar Cements Ltd - India
- PNOC Exploration Corporation - Philippines
- Kohat Cement Company Ltd. - Pakistan
- Marubeni Corporation - India
- Makarim & Taira - Indonesia
- Bayan Resources Tbk. - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Thai Mozambique Logistica
- SN Aboitiz Power Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Altura Mining Limited, Indonesia
- Romanian Commodities Exchange
- Kalimantan Lumbung Energi - Indonesia
- Wood Mackenzie - Singapore
- Semirara Mining and Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Baramulti Group, Indonesia
- Essar Steel Hazira Ltd - India
- Heidelberg Cement - Germany
- Indian Energy Exchange, India
- PowerSource Philippines DevCo
- Australian Commodity Traders Exchange
- Bhushan Steel Limited - India
- Parliament of New Zealand
- Gujarat Electricity Regulatory Commission - India
- Deloitte Consulting - India
- Agrawal Coal Company - India
- Energy Development Corp, Philippines
- Meralco Power Generation, Philippines
- International Coal Ventures Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Xindia Steels Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Eastern Coal Council - USA
- Interocean Group of Companies - India
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