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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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Thursday, 15 March 12
RESOURCE ALAM FY11 PROFIT UP 171% - INSIDER STORIES
Insider Stories reported that, coal mining company PT Resource Alam Indonesia Tbk (KKGI) reported a 171.16% jump in net profit last year on the back ...
Wednesday, 14 March 12
GLOBAL THERMAL TRADE FLOW CHANGES WILL ENSURE SECURITY OF THERMAL COAL SUPPLY, ALBEIT AT A HIGH PRICE - WOOD MACKENZIE
Wood Mackenzie Says Global Thermal Trade Flow Changes Will Ensure Security of Thermal Coal Supply, Albeit At a High Price Seaborne thermal demand by ...
Wednesday, 14 March 12
COKAL TAKES ANOTHER STEP IN DEVELOPING INFRASTRUCTURE TO FACILITATE METALLURGICAL COAL PRODUCTION
Global coal group, Cokal Limited (ASX-CKA), has signed Memorandums of Understanding (MoU’s) to develop two river ports and two small scale coa ...
Tuesday, 13 March 12
CLARIFICATION OF GR 24 OF 2012 REQUIRING DIVESTMENT OF FOREIGN OWNERSHIP OVER TIME
ASX Announcement
Global metallurgical coal group, Cokal Limited (ASX-CKA), is responding to the recent announcement of the Indonesian Ministry of ...
Tuesday, 13 March 12
EUROPEAN COAL CONTANGO: FURTHER STEEPNESS REQUIRED TO MAKE LARGE SCALE PHYSICAL TIME SPREAD ARBITRAGE MORE ATTRACTIVE - MISWIN MAHESH, BARCLAYS CAPITAL
COALspot.com - "With the contango between the Y+1 and M+1 ARA delivered contract now averaging above the $14/t level, there is an increasing in ...
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- Singapore Mercantile Exchange
- Jindal Steel & Power Ltd - India
- Wilmar Investment Holdings
- Karbindo Abesyapradhi - Indoneisa
- GVK Power & Infra Limited - India
- Neyveli Lignite Corporation Ltd, - India
- SMC Global Power, Philippines
- ASAPP Information Group - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PTC India Limited - India
- White Energy Company Limited
- New Zealand Coal & Carbon
- LBH Netherlands Bv - Netherlands
- Deloitte Consulting - India
- Economic Council, Georgia
- Grasim Industreis Ltd - India
- Jaiprakash Power Ventures ltd
- Cement Manufacturers Association - India
- Price Waterhouse Coopers - Russia
- Karaikal Port Pvt Ltd - India
- Eastern Energy - Thailand
- Tamil Nadu electricity Board
- McConnell Dowell - Australia
- Meralco Power Generation, Philippines
- Kepco SPC Power Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Simpson Spence & Young - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Meenaskhi Energy Private Limited - India
- Essar Steel Hazira Ltd - India
- Global Business Power Corporation, Philippines
- Vedanta Resources Plc - India
- Sinarmas Energy and Mining - Indonesia
- Krishnapatnam Port Company Ltd. - India
- PowerSource Philippines DevCo
- Siam City Cement PLC, Thailand
- AsiaOL BioFuels Corp., Philippines
- Orica Mining Services - Indonesia
- Rio Tinto Coal - Australia
- Australian Commodity Traders Exchange
- TeaM Sual Corporation - Philippines
- The Treasury - Australian Government
- South Luzon Thermal Energy Corporation
- Asmin Koalindo Tuhup - Indonesia
- International Coal Ventures Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Makarim & Taira - Indonesia
- IEA Clean Coal Centre - UK
- Coal and Oil Company - UAE
- Indonesian Coal Mining Association
- Bank of Tokyo Mitsubishi UFJ Ltd
- Energy Development Corp, Philippines
- The State Trading Corporation of India Ltd
- Kobexindo Tractors - Indoneisa
- Sical Logistics Limited - India
- Energy Link Ltd, New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- Dalmia Cement Bharat India
- Georgia Ports Authority, United States
- Ministry of Transport, Egypt
- Kaltim Prima Coal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Independent Power Producers Association of India
- Cigading International Bulk Terminal - Indonesia
- Coalindo Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- Sree Jayajothi Cements Limited - India
- Bukit Baiduri Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- Bhushan Steel Limited - India
- Romanian Commodities Exchange
- Parry Sugars Refinery, India
- IHS Mccloskey Coal Group - USA
- GN Power Mariveles Coal Plant, Philippines
- Miang Besar Coal Terminal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Ind-Barath Power Infra Limited - India
- Siam City Cement - Thailand
- Bulk Trading Sa - Switzerland
- Central Java Power - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- ICICI Bank Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Straits Asia Resources Limited - Singapore
- Salva Resources Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Tata Chemicals Ltd - India
- Mjunction Services Limited - India
- Sakthi Sugars Limited - India
- Indika Energy - Indonesia
- Parliament of New Zealand
- Indian Energy Exchange, India
- Timah Investasi Mineral - Indoneisa
- Globalindo Alam Lestari - Indonesia
- Central Electricity Authority - India
- CIMB Investment Bank - Malaysia
- Standard Chartered Bank - UAE
- European Bulk Services B.V. - Netherlands
- Ambuja Cements Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Bhatia International Limited - India
- Global Green Power PLC Corporation, Philippines
- Oldendorff Carriers - Singapore
- Interocean Group of Companies - India
- Sarangani Energy Corporation, Philippines
- Electricity Generating Authority of Thailand
- Posco Energy - South Korea
- Thai Mozambique Logistica
- Minerals Council of Australia
- Anglo American - United Kingdom
- Indo Tambangraya Megah - Indonesia
- Eastern Coal Council - USA
- Mercuria Energy - Indonesia
- Altura Mining Limited, Indonesia
- Attock Cement Pakistan Limited
- Medco Energi Mining Internasional
- Mintek Dendrill Indonesia
- Manunggal Multi Energi - Indonesia
- Xindia Steels Limited - India
- Kumho Petrochemical, South Korea
- Latin American Coal - Colombia
- Heidelberg Cement - Germany
- Ministry of Mines - Canada
- Kohat Cement Company Ltd. - Pakistan
- Rashtriya Ispat Nigam Limited - India
- Formosa Plastics Group - Taiwan
- Borneo Indobara - Indonesia
- Commonwealth Bank - Australia
- San Jose City I Power Corp, Philippines
- Baramulti Group, Indonesia
- Barasentosa Lestari - Indonesia
- Bangladesh Power Developement Board
- Thiess Contractors Indonesia
- Bukit Makmur.PT - Indonesia
- Mercator Lines Limited - India
- Petron Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- MS Steel International - UAE
- OPG Power Generation Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Global Coal Blending Company Limited - Australia
- Chettinad Cement Corporation Ltd - India
- Savvy Resources Ltd - HongKong
- Gujarat Electricity Regulatory Commission - India
- Wood Mackenzie - Singapore
- CNBM International Corporation - China
- Planning Commission, India
- Coastal Gujarat Power Limited - India
- Toyota Tsusho Corporation, Japan
- Gujarat Sidhee Cement - India
- Semirara Mining Corp, Philippines
- Semirara Mining and Power Corporation, Philippines
- Larsen & Toubro Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Maheswari Brothers Coal Limited - India
- Malabar Cements Ltd - India
- Indian Oil Corporation Limited
- Bhoruka Overseas - Indonesia
- Australian Coal Association
- Port Waratah Coal Services - Australia
- India Bulls Power Limited - India
- Kideco Jaya Agung - Indonesia
- Renaissance Capital - South Africa
- Kapuas Tunggal Persada - Indonesia
- Samtan Co., Ltd - South Korea
- Holcim Trading Pte Ltd - Singapore
- Sojitz Corporation - Japan
- SN Aboitiz Power Inc, Philippines
- Edison Trading Spa - Italy
- Vizag Seaport Private Limited - India
- Merrill Lynch Commodities Europe
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indogreen Group - Indonesia
- Metalloyd Limited - United Kingdom
- Trasteel International SA, Italy
- SMG Consultants - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Agrawal Coal Company - India
- Antam Resourcindo - Indonesia
- Orica Australia Pty. Ltd.
- Carbofer General Trading SA - India
- Kartika Selabumi Mining - Indonesia
- Videocon Industries ltd - India
- Kalimantan Lumbung Energi - Indonesia
- The University of Queensland
- Marubeni Corporation - India
- Lanco Infratech Ltd - India
- Intertek Mineral Services - Indonesia
- Aditya Birla Group - India
- VISA Power Limited - India
- Bharathi Cement Corporation - India
- PetroVietnam Power Coal Import and Supply Company
- Power Finance Corporation Ltd., India
- Africa Commodities Group - South Africa
- Aboitiz Power Corporation - Philippines
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Finance - Indonesia
- Riau Bara Harum - Indonesia
- London Commodity Brokers - England
- Binh Thuan Hamico - Vietnam
- Electricity Authority, New Zealand
- Pipit Mutiara Jaya. PT, Indonesia
- PNOC Exploration Corporation - Philippines
- Chamber of Mines of South Africa
- Therma Luzon, Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Madhucon Powers Ltd - India
- Uttam Galva Steels Limited - India
- Sindya Power Generating Company Private Ltd
- Star Paper Mills Limited - India
- Iligan Light & Power Inc, Philippines
- Goldman Sachs - Singapore
- Billiton Holdings Pty Ltd - Australia
- GMR Energy Limited - India
- Directorate Of Revenue Intelligence - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Leighton Contractors Pty Ltd - Australia
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