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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, 28 September 12
DRY BULK SECOND HAND VESSELS ON HIGH DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Despite the demise of the dry bulk market and the collapse of freight rates since the beginning of 2012, on the back of record breaking newbuilding ...
Thursday, 27 September 12
MINING RE-COMMENCES AT ORPHEUS' B2 EAST KALIMANTAN COAL PROJECT
- B2 project overburden removal completed and coal exposed
- Coal getting has commenced with target production of 30,000tpm
- Orpheus to re ...
Thursday, 27 September 12
HANDY: THE PACIFIC MARKET IS GETTING WEAKER WITH UPCOMING GOLDEN WEEK HOLIDAYS - FEARNLEYS AS
Handy
Yet another week with rates softening in all trades. Especially owners with ships open Continent struggle to find employment paying decent mo ...
Thursday, 27 September 12
DRY BULK MARKET LOSES STEAM - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The rise of the BDI (Baltic Dry Index), the dry bulk industry’s benchmark during the course of the previous week, proved to be short-lived, as ...
Wednesday, 26 September 12
NEWBUILDING ORDERING ACTIVITY REMAINS SUBDUED ON GLOBAL MARKET UNCERTAINTY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Newbuilding ordering activity has been on the down side during the past few weeks, a trend also noticeable during the course of the past few days, a ...
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- International Coal Ventures Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Manunggal Multi Energi - Indonesia
- Star Paper Mills Limited - India
- Iligan Light & Power Inc, Philippines
- Electricity Generating Authority of Thailand
- Indogreen Group - Indonesia
- Chamber of Mines of South Africa
- Kumho Petrochemical, South Korea
- Africa Commodities Group - South Africa
- Intertek Mineral Services - Indonesia
- Bhatia International Limited - India
- Latin American Coal - Colombia
- Maharashtra Electricity Regulatory Commission - India
- Central Java Power - Indonesia
- Australian Commodity Traders Exchange
- Samtan Co., Ltd - South Korea
- GAC Shipping (India) Pvt Ltd
- Gujarat Electricity Regulatory Commission - India
- Mercator Lines Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Bangladesh Power Developement Board
- Mjunction Services Limited - India
- The State Trading Corporation of India Ltd
- Anglo American - United Kingdom
- Bukit Makmur.PT - Indonesia
- London Commodity Brokers - England
- Simpson Spence & Young - Indonesia
- Pendopo Energi Batubara - Indonesia
- The Treasury - Australian Government
- Eastern Coal Council - USA
- Metalloyd Limited - United Kingdom
- Bhushan Steel Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Chettinad Cement Corporation Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- ICICI Bank Limited - India
- Sree Jayajothi Cements Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- IHS Mccloskey Coal Group - USA
- New Zealand Coal & Carbon
- Meralco Power Generation, Philippines
- Salva Resources Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- IEA Clean Coal Centre - UK
- Wood Mackenzie - Singapore
- Directorate Of Revenue Intelligence - India
- TeaM Sual Corporation - Philippines
- San Jose City I Power Corp, Philippines
- Goldman Sachs - Singapore
- Medco Energi Mining Internasional
- PetroVietnam Power Coal Import and Supply Company
- Therma Luzon, Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bharathi Cement Corporation - India
- Tamil Nadu electricity Board
- Directorate General of MIneral and Coal - Indonesia
- CNBM International Corporation - China
- Billiton Holdings Pty Ltd - Australia
- PowerSource Philippines DevCo
- Attock Cement Pakistan Limited
- MS Steel International - UAE
- Krishnapatnam Port Company Ltd. - India
- McConnell Dowell - Australia
- Jaiprakash Power Ventures ltd
- Rio Tinto Coal - Australia
- Energy Link Ltd, New Zealand
- Sinarmas Energy and Mining - Indonesia
- Indika Energy - Indonesia
- The University of Queensland
- Lanco Infratech Ltd - India
- Heidelberg Cement - Germany
- OPG Power Generation Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- GVK Power & Infra Limited - India
- Orica Australia Pty. Ltd.
- Gujarat Sidhee Cement - India
- Australian Coal Association
- Kartika Selabumi Mining - Indonesia
- Romanian Commodities Exchange
- Timah Investasi Mineral - Indoneisa
- Planning Commission, India
- Karbindo Abesyapradhi - Indoneisa
- Central Electricity Authority - India
- Carbofer General Trading SA - India
- Georgia Ports Authority, United States
- Bank of Tokyo Mitsubishi UFJ Ltd
- Rashtriya Ispat Nigam Limited - India
- Meenaskhi Energy Private Limited - India
- Edison Trading Spa - Italy
- Interocean Group of Companies - India
- India Bulls Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- Formosa Plastics Group - Taiwan
- Cigading International Bulk Terminal - Indonesia
- Bhoruka Overseas - Indonesia
- Indian Oil Corporation Limited
- Orica Mining Services - Indonesia
- Marubeni Corporation - India
- Videocon Industries ltd - India
- Thai Mozambique Logistica
- Aditya Birla Group - India
- Kaltim Prima Coal - Indonesia
- Riau Bara Harum - Indonesia
- Borneo Indobara - Indonesia
- Banpu Public Company Limited - Thailand
- Bulk Trading Sa - Switzerland
- Indo Tambangraya Megah - Indonesia
- Malabar Cements Ltd - India
- Semirara Mining Corp, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Grasim Industreis Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Globalindo Alam Lestari - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Madhucon Powers Ltd - India
- Maheswari Brothers Coal Limited - India
- ASAPP Information Group - India
- Eastern Energy - Thailand
- Economic Council, Georgia
- Minerals Council of Australia
- Mintek Dendrill Indonesia
- White Energy Company Limited
- Larsen & Toubro Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Savvy Resources Ltd - HongKong
- Parry Sugars Refinery, India
- Petron Corporation, Philippines
- Vizag Seaport Private Limited - India
- Altura Mining Limited, Indonesia
- Indian Energy Exchange, India
- VISA Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Deloitte Consulting - India
- Sakthi Sugars Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- SN Aboitiz Power Inc, Philippines
- Siam City Cement PLC, Thailand
- Coalindo Energy - Indonesia
- Ambuja Cements Ltd - India
- Commonwealth Bank - Australia
- Sical Logistics Limited - India
- Makarim & Taira - Indonesia
- Binh Thuan Hamico - Vietnam
- Kalimantan Lumbung Energi - Indonesia
- Siam City Cement - Thailand
- Ministry of Finance - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Antam Resourcindo - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Standard Chartered Bank - UAE
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Baiduri Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Baramulti Group, Indonesia
- Energy Development Corp, Philippines
- Renaissance Capital - South Africa
- SMC Global Power, Philippines
- Port Waratah Coal Services - Australia
- Kobexindo Tractors - Indoneisa
- PTC India Limited - India
- Agrawal Coal Company - India
- Uttam Galva Steels Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Leighton Contractors Pty Ltd - Australia
- CIMB Investment Bank - Malaysia
- Global Coal Blending Company Limited - Australia
- Miang Besar Coal Terminal - Indonesia
- Price Waterhouse Coopers - Russia
- Ministry of Transport, Egypt
- Coastal Gujarat Power Limited - India
- Singapore Mercantile Exchange
- Global Business Power Corporation, Philippines
- Wilmar Investment Holdings
- Ind-Barath Power Infra Limited - India
- Oldendorff Carriers - Singapore
- Independent Power Producers Association of India
- Mercuria Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- GMR Energy Limited - India
- Essar Steel Hazira Ltd - India
- South Luzon Thermal Energy Corporation
- Electricity Authority, New Zealand
- Kepco SPC Power Corporation, Philippines
- Dalmia Cement Bharat India
- Sojitz Corporation - Japan
- Merrill Lynch Commodities Europe
- SMG Consultants - Indonesia
- Global Green Power PLC Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Cement Manufacturers Association - India
- Barasentosa Lestari - Indonesia
- Trasteel International SA, Italy
- Bayan Resources Tbk. - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- LBH Netherlands Bv - Netherlands
- Coal and Oil Company - UAE
- Tata Chemicals Ltd - India
- Xindia Steels Limited - India
- Posco Energy - South Korea
- Indonesian Coal Mining Association
- Alfred C Toepfer International GmbH - Germany
- Jindal Steel & Power Ltd - India
- Toyota Tsusho Corporation, Japan
- Aboitiz Power Corporation - Philippines
- Vedanta Resources Plc - India
- Thiess Contractors Indonesia
- Neyveli Lignite Corporation Ltd, - India
- European Bulk Services B.V. - Netherlands
- Power Finance Corporation Ltd., India
- Parliament of New Zealand
- Ministry of Mines - Canada
- PNOC Exploration Corporation - Philippines
- GN Power Mariveles Coal Plant, Philippines
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