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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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Sunday, 17 June 12
S7 & S8 ROUTES ARE LIKELY TO BE SOFT NEXT WEEK - VISTAAR
COALspot.com - The BDI gained some increase after continues fall for several weeks.
The BDI increased by 47 points (up by 5.36 pct) closing at 92 ...
Saturday, 16 June 12
INDONESIAN SUB-BITUMINOUS COAL & CFR SOUTH CHINA COAL CONTRACT SWAPS ARE UNDER PRESSURE
COALspot.com - Indonesian sub-bituminous coal swaps and CFR South China coal contracts for July deliveries seems to be under pressure this week.&nbs ...
Friday, 15 June 12
CAPESIZE - THE LEVELS THAT DID FIX ARE DOWN W-O-W LEVELS - FEARNLEYS
Handy
Another slow-moving market with rates hovering at same level as last week. US Gulf positions fixed USD 25,000 for trips to Cont/Passero and S ...
Thursday, 14 June 12
SMALLER DRY BULK CARRIERS LIKELY TO FACE MORE CHALLENGES; DEMOLITION ACTIVITY SET FOR RECORD YEAR - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In its latest update on the dry bulk markets, BIMCO said that China is partly “failing to deliver” on raw material imports that can affe ...
Wednesday, 13 June 12
LOW COAL PRICES COULD CHANGE SUPPLY SIDE DYNAMICS - FITCH RATINGS
Fitch Ratings believes that the weakness seen in thermal coal prices in recent months should reverse once demand from major importers recovers, alth ...
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- Energy Link Ltd, New Zealand
- Tata Chemicals Ltd - India
- GAC Shipping (India) Pvt Ltd
- Kobexindo Tractors - Indoneisa
- Ind-Barath Power Infra Limited - India
- Toyota Tsusho Corporation, Japan
- Planning Commission, India
- Bukit Baiduri Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Makarim & Taira - Indonesia
- South Luzon Thermal Energy Corporation
- Sakthi Sugars Limited - India
- Global Coal Blending Company Limited - Australia
- Kaltim Prima Coal - Indonesia
- Central Java Power - Indonesia
- IEA Clean Coal Centre - UK
- European Bulk Services B.V. - Netherlands
- Edison Trading Spa - Italy
- Kepco SPC Power Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- PowerSource Philippines DevCo
- Trasteel International SA, Italy
- Sical Logistics Limited - India
- Coalindo Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Siam City Cement - Thailand
- Ceylon Electricity Board - Sri Lanka
- Orica Mining Services - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Cigading International Bulk Terminal - Indonesia
- Karaikal Port Pvt Ltd - India
- Australian Coal Association
- Bukit Makmur.PT - Indonesia
- Jindal Steel & Power Ltd - India
- Merrill Lynch Commodities Europe
- Wilmar Investment Holdings
- Xindia Steels Limited - India
- Australian Commodity Traders Exchange
- Eastern Energy - Thailand
- Thiess Contractors Indonesia
- Larsen & Toubro Limited - India
- Vizag Seaport Private Limited - India
- Parry Sugars Refinery, India
- Simpson Spence & Young - Indonesia
- Banpu Public Company Limited - Thailand
- Bayan Resources Tbk. - Indonesia
- Billiton Holdings Pty Ltd - Australia
- GN Power Mariveles Coal Plant, Philippines
- VISA Power Limited - India
- Standard Chartered Bank - UAE
- Maharashtra Electricity Regulatory Commission - India
- Savvy Resources Ltd - HongKong
- Bhatia International Limited - India
- Dalmia Cement Bharat India
- TNB Fuel Sdn Bhd - Malaysia
- Indonesian Coal Mining Association
- Riau Bara Harum - Indonesia
- Chettinad Cement Corporation Ltd - India
- Formosa Plastics Group - Taiwan
- Kapuas Tunggal Persada - Indonesia
- Ministry of Mines - Canada
- SN Aboitiz Power Inc, Philippines
- Ambuja Cements Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Meenaskhi Energy Private Limited - India
- Commonwealth Bank - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sree Jayajothi Cements Limited - India
- OPG Power Generation Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Krishnapatnam Port Company Ltd. - India
- Gujarat Sidhee Cement - India
- Kohat Cement Company Ltd. - Pakistan
- Globalindo Alam Lestari - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Antam Resourcindo - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Timah Investasi Mineral - Indoneisa
- Price Waterhouse Coopers - Russia
- New Zealand Coal & Carbon
- Metalloyd Limited - United Kingdom
- Barasentosa Lestari - Indonesia
- SMC Global Power, Philippines
- Meralco Power Generation, Philippines
- Ministry of Finance - Indonesia
- Anglo American - United Kingdom
- Mercuria Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Iligan Light & Power Inc, Philippines
- Petron Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Chamber of Mines of South Africa
- Sojitz Corporation - Japan
- Coal and Oil Company - UAE
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PTC India Limited - India
- The University of Queensland
- Ministry of Transport, Egypt
- Therma Luzon, Inc, Philippines
- Altura Mining Limited, Indonesia
- Borneo Indobara - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Indian Energy Exchange, India
- Pipit Mutiara Jaya. PT, Indonesia
- GVK Power & Infra Limited - India
- Port Waratah Coal Services - Australia
- Leighton Contractors Pty Ltd - Australia
- Semirara Mining Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- Goldman Sachs - Singapore
- ASAPP Information Group - India
- Aditya Birla Group - India
- London Commodity Brokers - England
- Coastal Gujarat Power Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Marubeni Corporation - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Vedanta Resources Plc - India
- Singapore Mercantile Exchange
- Kumho Petrochemical, South Korea
- Orica Australia Pty. Ltd.
- Bahari Cakrawala Sebuku - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- The Treasury - Australian Government
- Deloitte Consulting - India
- ICICI Bank Limited - India
- Eastern Coal Council - USA
- Indogreen Group - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- SMG Consultants - Indonesia
- Directorate Of Revenue Intelligence - India
- Thai Mozambique Logistica
- LBH Netherlands Bv - Netherlands
- Carbofer General Trading SA - India
- Independent Power Producers Association of India
- Manunggal Multi Energi - Indonesia
- Rio Tinto Coal - Australia
- Pendopo Energi Batubara - Indonesia
- Mintek Dendrill Indonesia
- Power Finance Corporation Ltd., India
- Miang Besar Coal Terminal - Indonesia
- PNOC Exploration Corporation - Philippines
- Indian Oil Corporation Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- CNBM International Corporation - China
- Sindya Power Generating Company Private Ltd
- Sarangani Energy Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Parliament of New Zealand
- Economic Council, Georgia
- Indika Energy - Indonesia
- Intertek Mineral Services - Indonesia
- Heidelberg Cement - Germany
- Global Green Power PLC Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- McConnell Dowell - Australia
- GMR Energy Limited - India
- Romanian Commodities Exchange
- Kalimantan Lumbung Energi - Indonesia
- Straits Asia Resources Limited - Singapore
- Medco Energi Mining Internasional
- Directorate General of MIneral and Coal - Indonesia
- Salva Resources Pvt Ltd - India
- Minerals Council of Australia
- Cement Manufacturers Association - India
- Jaiprakash Power Ventures ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Electricity Authority, New Zealand
- IHS Mccloskey Coal Group - USA
- PetroVietnam Power Coal Import and Supply Company
- Malabar Cements Ltd - India
- Lanco Infratech Ltd - India
- Attock Cement Pakistan Limited
- Gujarat Mineral Development Corp Ltd - India
- White Energy Company Limited
- Baramulti Group, Indonesia
- Latin American Coal - Colombia
- Electricity Generating Authority of Thailand
- Central Electricity Authority - India
- The State Trading Corporation of India Ltd
- MS Steel International - UAE
- Grasim Industreis Ltd - India
- Kideco Jaya Agung - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Maheswari Brothers Coal Limited - India
- Global Business Power Corporation, Philippines
- Georgia Ports Authority, United States
- Renaissance Capital - South Africa
- Karbindo Abesyapradhi - Indoneisa
- Star Paper Mills Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Madhucon Powers Ltd - India
- Africa Commodities Group - South Africa
- Siam City Cement PLC, Thailand
- Uttam Galva Steels Limited - India
- Mercator Lines Limited - India
- Interocean Group of Companies - India
- India Bulls Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhushan Steel Limited - India
- Bangladesh Power Developement Board
- Tamil Nadu electricity Board
- Kartika Selabumi Mining - Indonesia
- Samtan Co., Ltd - South Korea
- Energy Development Corp, Philippines
- Mjunction Services Limited - India
- CIMB Investment Bank - Malaysia
- Bulk Trading Sa - Switzerland
- Videocon Industries ltd - India
- Posco Energy - South Korea
- Aboitiz Power Corporation - Philippines
- Wood Mackenzie - Singapore
- Agrawal Coal Company - India
- Bharathi Cement Corporation - India
- TeaM Sual Corporation - Philippines
- Oldendorff Carriers - Singapore
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