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Wednesday, 20 May 09
CIL MAY URGE NEW GOVERNMENT TO HIKE COAL PRICE - STEELGURU
BL reported that soon after assuming office the new government may be faced with a proposal for an increase in prices of coal by Coal India Limited in the H2 of the current financial year. This is to meet the rising cost of production, especially on account of the recent salary hike of employees and officers.
While officials in CIL and the Union Coal Ministry denied any such development, sources close to the development said that CIL had initiated the related spadework well before the Lok Sabha election and had proposed approximately 10% increase in prices.
Sources said that CIL has intimated the Union Coal Ministry that its annual wage bill is estimated to increase by INR 2,200 crore to INR 2,300 crore following implementation of the National Coal Wage Agreement and the Pay Commission recommendations.
It may be mentioned that soon after announcing the NCWA, the CIL Chairman indicated that a price revision was imminent, especially to ensure the viability of approximately 124 new projects.
Mr Partha S Bhattacharya chairman of CIL said “Despite our best efforts, the increase in costs may not be fully recovered by increasing production and productivity.” He, however, added that the company would take a call on this issue (price revision) after due assessment.
Meanwhile, coal prices were last increased by 10% in December 2007 after a gap of three years. According to CIL, domestic coal enjoys 50% to 60% price advantage over the landed cost of imported coal even after the meltdown.
Source:http://www.steelguru.com/news/index/2009/05/20/OTUxOTI%3D/CIL_may_urge_new_government_to_hike_coal_price.html
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Friday, 12 June 09
MERCATOR LINES TARGETS 30 MILLION TONNE FROM MOZAMBIQUE COAL MINE - STEEL GURU
India’s second largest private shipping company Mercator Lines has targeted production of 30 million tonnes of coal from its Mozambique mine o ...
Friday, 12 June 09
THERMAL COAL PRICE REMAINS STABLE IN SHANXI - STEEL GURU
It is reported that coming into June, no major changes are seen in coal supply-demand relations in Shanxi province. Statistics of Qinhuangdao port, ...
Thursday, 11 June 09
PT NALCO PLANS TO CONSTRUCT COAL-FIRED POWER PLANT IN SOUTH SUMATRA - ENERGY BUSINESS REVIEW
PT Nalco (National Aluminium Company Limited), an Indian-based company, plans to construct a coal-fired power plant in South Sumatra. The company in ...
Thursday, 11 June 09
COAL PRODUCERS TO SEE BOOST IN DEMAND FROM ASIA PACIFIC - JAKARTA POST
The Jakarta Post reported that, at the recent 15th Coaltrans conference in Bali, we noted concerns related to rising oil prices at a faster pace tha ...
Wednesday, 10 June 09
BHP TO CUT 450 JOBS AT INDONESIAN COAL PROJECT - REUTERS
Reuters reported that, BHP Billiton Ltd will lay off all 450 workers at its Indonesian coal project after deciding not to go ahead with the pr ...
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- The Treasury - Australian Government
- AsiaOL BioFuels Corp., Philippines
- Coal and Oil Company - UAE
- Manunggal Multi Energi - Indonesia
- India Bulls Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Georgia Ports Authority, United States
- The State Trading Corporation of India Ltd
- Mintek Dendrill Indonesia
- Parry Sugars Refinery, India
- Bhoruka Overseas - Indonesia
- Essar Steel Hazira Ltd - India
- Independent Power Producers Association of India
- Port Waratah Coal Services - Australia
- Bangladesh Power Developement Board
- Kohat Cement Company Ltd. - Pakistan
- SMC Global Power, Philippines
- Ministry of Mines - Canada
- SN Aboitiz Power Inc, Philippines
- Uttam Galva Steels Limited - India
- Aboitiz Power Corporation - Philippines
- Gujarat Mineral Development Corp Ltd - India
- Riau Bara Harum - Indonesia
- Global Coal Blending Company Limited - Australia
- Banpu Public Company Limited - Thailand
- Meralco Power Generation, Philippines
- Deloitte Consulting - India
- Australian Coal Association
- Minerals Council of Australia
- PNOC Exploration Corporation - Philippines
- Neyveli Lignite Corporation Ltd, - India
- Central Electricity Authority - India
- Mjunction Services Limited - India
- Carbofer General Trading SA - India
- Karbindo Abesyapradhi - Indoneisa
- Meenaskhi Energy Private Limited - India
- Energy Development Corp, Philippines
- Wilmar Investment Holdings
- Global Green Power PLC Corporation, Philippines
- Star Paper Mills Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Malabar Cements Ltd - India
- Interocean Group of Companies - India
- Borneo Indobara - Indonesia
- Power Finance Corporation Ltd., India
- IEA Clean Coal Centre - UK
- Mercuria Energy - Indonesia
- Grasim Industreis Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Sree Jayajothi Cements Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- McConnell Dowell - Australia
- Siam City Cement PLC, Thailand
- Aditya Birla Group - India
- Indian Oil Corporation Limited
- Indo Tambangraya Megah - Indonesia
- Electricity Generating Authority of Thailand
- LBH Netherlands Bv - Netherlands
- Therma Luzon, Inc, Philippines
- Cement Manufacturers Association - India
- Thai Mozambique Logistica
- Binh Thuan Hamico - Vietnam
- Bukit Makmur.PT - Indonesia
- Vizag Seaport Private Limited - India
- Kapuas Tunggal Persada - Indonesia
- Madhucon Powers Ltd - India
- CIMB Investment Bank - Malaysia
- Kumho Petrochemical, South Korea
- Medco Energi Mining Internasional
- Kaltim Prima Coal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- White Energy Company Limited
- Coastal Gujarat Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- PTC India Limited - India
- Petron Corporation, Philippines
- ASAPP Information Group - India
- Pipit Mutiara Jaya. PT, Indonesia
- Planning Commission, India
- Kobexindo Tractors - Indoneisa
- Ministry of Finance - Indonesia
- Indogreen Group - Indonesia
- Sojitz Corporation - Japan
- Simpson Spence & Young - Indonesia
- Marubeni Corporation - India
- Makarim & Taira - Indonesia
- Jaiprakash Power Ventures ltd
- ICICI Bank Limited - India
- Rio Tinto Coal - Australia
- Maharashtra Electricity Regulatory Commission - India
- Attock Cement Pakistan Limited
- Latin American Coal - Colombia
- Krishnapatnam Port Company Ltd. - India
- Metalloyd Limited - United Kingdom
- IHS Mccloskey Coal Group - USA
- Baramulti Group, Indonesia
- Kepco SPC Power Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Directorate Of Revenue Intelligence - India
- MS Steel International - UAE
- Semirara Mining and Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Commonwealth Bank - Australia
- Standard Chartered Bank - UAE
- Lanco Infratech Ltd - India
- San Jose City I Power Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Bhushan Steel Limited - India
- Parliament of New Zealand
- Bukit Asam (Persero) Tbk - Indonesia
- Bulk Trading Sa - Switzerland
- Sical Logistics Limited - India
- SMG Consultants - Indonesia
- Anglo American - United Kingdom
- Semirara Mining Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Eastern Energy - Thailand
- Altura Mining Limited, Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Africa Commodities Group - South Africa
- Wood Mackenzie - Singapore
- GVK Power & Infra Limited - India
- Trasteel International SA, Italy
- Formosa Plastics Group - Taiwan
- Sarangani Energy Corporation, Philippines
- Videocon Industries ltd - India
- Romanian Commodities Exchange
- Bhatia International Limited - India
- Straits Asia Resources Limited - Singapore
- Indika Energy - Indonesia
- Central Java Power - Indonesia
- Tata Chemicals Ltd - India
- Barasentosa Lestari - Indonesia
- VISA Power Limited - India
- Iligan Light & Power Inc, Philippines
- Oldendorff Carriers - Singapore
- Xindia Steels Limited - India
- Maheswari Brothers Coal Limited - India
- Bharathi Cement Corporation - India
- Eastern Coal Council - USA
- Heidelberg Cement - Germany
- Karaikal Port Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Australian Commodity Traders Exchange
- Chettinad Cement Corporation Ltd - India
- Bayan Resources Tbk. - Indonesia
- Ind-Barath Power Infra Limited - India
- Kideco Jaya Agung - Indonesia
- Singapore Mercantile Exchange
- Jindal Steel & Power Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Renaissance Capital - South Africa
- Global Business Power Corporation, Philippines
- Siam City Cement - Thailand
- Gujarat Sidhee Cement - India
- Globalindo Alam Lestari - Indonesia
- Antam Resourcindo - Indonesia
- Posco Energy - South Korea
- The University of Queensland
- Goldman Sachs - Singapore
- Merrill Lynch Commodities Europe
- Ambuja Cements Ltd - India
- Larsen & Toubro Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Coalindo Energy - Indonesia
- Intertek Mineral Services - Indonesia
- Vedanta Resources Plc - India
- Indian Energy Exchange, India
- CNBM International Corporation - China
- Sakthi Sugars Limited - India
- Samtan Co., Ltd - South Korea
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- European Bulk Services B.V. - Netherlands
- PowerSource Philippines DevCo
- Holcim Trading Pte Ltd - Singapore
- GMR Energy Limited - India
- Bukit Baiduri Energy - Indonesia
- Thiess Contractors Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Rashtriya Ispat Nigam Limited - India
- Ministry of Transport, Egypt
- Gujarat Electricity Regulatory Commission - India
- Billiton Holdings Pty Ltd - Australia
- Orica Australia Pty. Ltd.
- Edison Trading Spa - Italy
- Economic Council, Georgia
- Savvy Resources Ltd - HongKong
- Tamil Nadu electricity Board
- Asmin Koalindo Tuhup - Indonesia
- Mercator Lines Limited - India
- London Commodity Brokers - England
- New Zealand Coal & Carbon
- Agrawal Coal Company - India
- Electricity Authority, New Zealand
- Toyota Tsusho Corporation, Japan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Pendopo Energi Batubara - Indonesia
- South Luzon Thermal Energy Corporation
- Dalmia Cement Bharat India
- Price Waterhouse Coopers - Russia
- Orica Mining Services - Indonesia
- Sindya Power Generating Company Private Ltd
- Salva Resources Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- GAC Shipping (India) Pvt Ltd
- Timah Investasi Mineral - Indoneisa
- Indonesian Coal Mining Association
- Energy Link Ltd, New Zealand
- Sinarmas Energy and Mining - Indonesia
- Miang Besar Coal Terminal - Indonesia
- International Coal Ventures Pvt Ltd - India
- Chamber of Mines of South Africa
- Ceylon Electricity Board - Sri Lanka
- Kartika Selabumi Mining - Indonesia
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