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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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Monday, 15 September 14
CFR SOUTH CHINA COAL SWAP GAINED DAY ON DAY AND WEEK ON WEEK
COALspot.com: API 8 CFR South China Coal swap for delivery in October 2014 decreased US$ 2.30 (-3.36%) month over month, but increased day on day a ...
Sunday, 14 September 14
FREIGHT RATES RALLY AS DEMAND INCREASED
COALspot.com: The Baltic Dry Index (BDI) is a number (in US$) issued daily by the London-based Baltic Exchange up 2.25 percent week on week. BDI cl ...
Friday, 12 September 14
U.S. YEAR-TO-DATE COAL PRODUCTION TOTALED 673.3 MMST, SAYS EIA
COALspot.com – United States the world's second largest coal producer, produced approximately 19.20 million short tons (mmst) of coal in ...
Thursday, 11 September 14
THE PANAMAX MARKET IS TAKING A BREATHER - FEARNLEYS
Handy
We have experienced more activity in both hemispheres this week, said Fearnleys in this week's weekly report.
"We see rates c ...
Wednesday, 10 September 14
ARE GREEK BANKS ON THE VERGE TO START LENDING AGAIN? - JOHN N. COTZIAS
It is well known that Greek Banks had suffered severely after the economic crisis of 2008. From that period onwards, major changes have occur ...
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Indonesian Coal Mining Association
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- PowerSource Philippines DevCo
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- Jindal Steel & Power Ltd - India
- Coalindo Energy - Indonesia
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- Economic Council, Georgia
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- Eastern Energy - Thailand
- IHS Mccloskey Coal Group - USA
- Sical Logistics Limited - India
- Independent Power Producers Association of India
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- The State Trading Corporation of India Ltd
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- Eastern Coal Council - USA
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- Energy Link Ltd, New Zealand
- Wood Mackenzie - Singapore
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- Straits Asia Resources Limited - Singapore
- Semirara Mining Corp, Philippines
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- Coal and Oil Company - UAE
- Pendopo Energi Batubara - Indonesia
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- White Energy Company Limited
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- Medco Energi Mining Internasional
- PetroVietnam Power Coal Import and Supply Company
- Karbindo Abesyapradhi - Indoneisa
- Bhoruka Overseas - Indonesia
- The Treasury - Australian Government
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- Madhucon Powers Ltd - India
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- Commonwealth Bank - Australia
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- Leighton Contractors Pty Ltd - Australia
- Formosa Plastics Group - Taiwan
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- Ministry of Finance - Indonesia
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- Billiton Holdings Pty Ltd - Australia
- Maheswari Brothers Coal Limited - India
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