COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
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  



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Monday, 08 June 09
PTC INDIA TO ACQUIRE COAL MINES IN AUSTRALIA, INDONESIA - PTI NEWS
PTI reported that, State-owned Power Trading Corp today said it would acquire coal properties overseas and has identified mines in Australia and Ind ...


Monday, 08 June 09
PRIVATE COAL MINERS LIKELY TO LAND COMMERCIAL LICENSE - ECONOMIC TIMES
Economic Times of India reported that, The government may allow commercial coal mining by private companies as it looks to plug the demand-supply ga ...


Monday, 08 June 09
SAN MIGUEL EYES LOCAL MINING VENTURES - PHILIPPINE DAILY INQUIRER
Philippine Daily Inquirer reported that, Diversifying conglomerate San Miguel Corp.is making big plans for Philippine mining, seen as an industry th ...


Monday, 08 June 09
NAPOCOR BUYING COAL FOR PAGBILAO PLANT - PHILIPPINE DAILY INQUIRER
Philippine Daily Inquirer reported that, State-run National Power Corp. plans to buy 390,000 metric tons of steaming coal next month, to supply the ...


Sunday, 07 June 09
SEMIRARA SELLING COAL TO THAILAND - STEELGURU
Business Mirror reported that coal producer Semirara Mining Corporation has successfully entered the Thailand market during the Q1 of the year, help ...


   1338 1339 1340 1341 1342   
Showing 6696 to 6700 news of total 6871
News by Category
Popular News
 
Total Members : 28,634
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Clarksons - UK
  • Edison Trading Spa - Italy
  • Vizag Seaport Private Limited - India
  • Mechel - Russia
  • Mercator Lines Limited - India
  • Chamber of Mines of South Africa
  • Merrill Lynch Commodities Europe
  • Pendopo Energi Batubara - Indonesia
  • Gresik Semen - Indonesia
  • IOL Indonesia
  • Reliance Power - India
  • Ince & co LLP
  • Minerals Council of Australia
  • Deutsche Bank - India
  • GAC Shipping (India) Pvt Ltd
  • Goldman Sachs - Singapore
  • Cargill India Pvt Ltd
  • Pipit Mutiara Jaya. PT, Indonesia
  • Parliament of New Zealand
  • Sakthi Sugars Limited - India
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Cement Manufacturers Association - India
  • Leighton Contractors Pty Ltd - Australia
  • Eastern Energy - Thailand
  • Coal and Oil Company - UAE
  • Dalmia Cement Bharat India
  • Jatenergy - Australia
  • Kideco Jaya Agung - Indonesia
  • ANZ Bank - Australia
  • GNFC Limited - India
  • Idemitsu - Japan
  • bp singapore
  • Coaltrans Conferences
  • Savvy Resources Ltd - HongKong
  • IHS Mccloskey Coal Group - USA
  • Mintek Dendrill Indonesia
  • SGS (Thailand) Limited
  • Shenhua Group - China
  • Fearnleys - India
  • Economic Council, Georgia
  • Planning Commission, India
  • Romanian Commodities Exchange
  • AsiaOL BioFuels Corp., Philippines
  • CESC Limited - India
  • RBS Sempra - UK
  • PLN - Indonesia
  • Asia Cement - Taiwan
  • Mitsui
  • Bhatia International Limited - India
  • Aditya Birla Group - India
  • Kumho Petrochemical, South Korea
  • Indonesia Power. PT
  • Platts
  • Geoservices-GeoAssay Lab
  • Coalindo Energy - Indonesia
  • Orica Mining Services - Indonesia
  • Baramulti Group, Indonesia
  • PLN Batubara - Indonesia
  • Petron Corporation, Philippines
  • Mitra SK Pvt Ltd - India
  • KPMG - USA
  • Neyveli Lignite Corporation Ltd, - India
  • Jindal Steel & Power Ltd - India
  • Ambuja Cements Ltd - India
  • Toyota Tsusho Corporation, Japan
  • TeaM Sual Corporation - Philippines
  • Gupta Coal India Ltd
  • Wood Mackenzie - Singapore
  • Latin American Coal - Colombia
  • Essar Steel Hazira Ltd - India
  • Semirara Mining Corp, Philippines
  • Electricity Authority, New Zealand
  • Iligan Light & Power Inc, Philippines
  • PNOC Exploration Corporation - Philippines
  • Bukit Baiduri Energy - Indonesia
  • Pinang Coal Indonesia
  • IEA Clean Coal Centre - UK
  • Surastha Cement
  • CNBM International Corporation - China
  • Cigading International Bulk Terminal - Indonesia
  • Mitsubishi Corporation
  • Ind-Barath Power Infra Limited - India
  • Barasentosa Lestari - Indonesia
  • Lafarge - France
  • Kaltim Prima Coal - Indonesia
  • Bayan Resources Tbk. - Indonesia
  • Ceylon Electricity Board - Sri Lanka
  • Bhushan Steel Limited - India
  • World Bank
  • Simpson Spence & Young - Indonesia
  • New Zealand Coal & Carbon
  • Bangladesh Power Developement Board
  • Borneo Indobara - Indonesia
  • HSBC - Hong Kong
  • WorleyParsons
  • Jaiprakash Power Ventures ltd
  • Videocon Industries ltd - India
  • Lanco Infratech Ltd - India
  • Carbofer General Trading SA - India
  • Arch Coal - USA
  • Kobe Steel Ltd - Japan
  • Inspectorate - India
  • Thriveni
  • IMC Shipping - Singapore
  • Banpu Public Company Limited - Thailand
  • Kapuas Tunggal Persada - Indonesia
  • International Coal Ventures Pvt Ltd - India
  • Indorama - Singapore
  • ACC Limited - India
  • White Energy Company Limited
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Meenaskhi Energy Private Limited - India
  • Sarangani Energy Corporation, Philippines
  • Price Waterhouse Coopers - Russia
  • Aboitiz Power Corporation - Philippines
  • Enel Italy
  • South Luzon Thermal Energy Corporation
  • Ministry of Finance - Indonesia
  • Tanito Harum - Indonesia
  • Thailand Anthracite
  • Posco Energy - South Korea
  • Vedanta Resources Plc - India
  • Bank of China, Malaysia
  • UOB Asia (HK) Ltd
  • Cebu Energy, Philippines
  • Asmin Koalindo Tuhup - Indonesia
  • J M Baxi & Co - India
  • Cemex - Philippines
  • Maheswari Brothers Coal Limited - India
  • Malabar Cements Ltd - India
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • VISA Power Limited - India
  • Ministry of Mines - Canada
  • Adaro Indonesia
  • London Commodity Brokers - England
  • NTPC Limited - India
  • PetroVietnam
  • Sinarmas Energy and Mining - Indonesia
  • Mjunction Services Limited - India
  • Kobexindo Tractors - Indoneisa
  • Interocean Group of Companies - India
  • OCBC - Singapore
  • ING Bank NV - Singapore
  • Indian Oil Corporation Limited
  • Argus Media - Singapore
  • Mercuria Energy - Indonesia
  • Formosa Plastics Group - Taiwan
  • CCIC - Indonesia
  • The State Trading Corporation of India Ltd
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • European Bulk Services B.V. - Netherlands
  • Alfred C Toepfer International GmbH - Germany
  • Altura Mining Limited, Indonesia
  • Eastern Coal Council - USA
  • Gujarat Electricity Regulatory Commission - India
  • Britmindo - Indonesia
  • Marubeni Corporation - India
  • Indian School of Mines
  • Antam Resourcindo - Indonesia
  • Xindia Steels Limited - India
  • Kartika Selabumi Mining - Indonesia
  • GMR Energy Limited - India
  • Parry Sugars Refinery, India
  • Holcim Trading Pte Ltd - Singapore
  • Freeport Indonesia
  • Vijayanagar Sugar Pvt Ltd - India
  • Indonesian Coal Mining Association
  • Timah Investasi Mineral - Indoneisa
  • Thermax Limited - India
  • MEC Coal - Indonesia
  • SMG Consultants - Indonesia
  • McConnell Dowell - Australia
  • Coastal Gujarat Power Limited - India
  • Kepco SPC Power Corporation, Philippines
  • MS Steel International - UAE
  • Berau Coal - Indonesia
  • Standard Chartered Bank - UAE
  • Wilmar Investment Holdings
  • Indika Energy - Indonesia
  • Commonwealth Bank - Australia
  • Georgia Ports Authority, United States
  • JPMorgan - India
  • Vale Mozambique
  • BRS Brokers - Singapore
  • TRAFIGURA, South Korea
  • Vitol - Bahrain
  • Core Mineral Indonesia
  • Total Coal South Africa
  • Asian Development Bank
  • Thai Mozambique Logistica
  • Indogreen Group - Indonesia
  • Bhoruka Overseas - Indonesia
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Permata Bank - Indonesia
  • Thiess Contractors Indonesia
  • Platou - Singapore
  • SN Aboitiz Power Inc, Philippines
  • Sindya Power Generating Company Private Ltd
  • Gujarat Mineral Development Corp Ltd - India
  • Samtan Co., Ltd - South Korea
  • Tamil Nadu electricity Board
  • Kohat Cement Company Ltd. - Pakistan
  • Manunggal Multi Energi - Indonesia
  • Panama Canal Authority
  • Barclays Capital - USA
  • Directorate Of Revenue Intelligence - India
  • Cosco
  • Global Green Power PLC Corporation, Philippines
  • Sojitz Corporation - Japan
  • Russian Coal LLC
  • Intertek Mineral Services - Indonesia
  • Riau Bara Harum - Indonesia
  • Port Waratah Coal Services - Australia
  • Sical Logistics Limited - India
  • BNP Paribas - Singapore
  • KEPCO - South Korea
  • Merrill Lynch Bank
  • Agrawal Coal Company - India
  • Maharashtra Electricity Regulatory Commission - India
  • The India Cements Ltd
  • Africa Commodities Group - South Africa
  • Maybank - Singapore
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Samsung - South Korea
  • APGENCO India
  • Orica Australia Pty. Ltd.
  • Global Coal Blending Company Limited - Australia
  • LBH Netherlands Bv - Netherlands
  • NALCO India
  • Petrosea - Indonesia
  • Maruti Cements - India
  • KPCL - India
  • Central Java Power - Indonesia
  • U S Energy Resources
  • Japan Coal Energy Center
  • Tata Chemicals Ltd - India
  • Billiton Holdings Pty Ltd - Australia
  • Shree Cement - India
  • Qatrana Cement - Jordan
  • Australian Coal Association
  • Petrochimia International Co. Ltd.- Taiwan
  • Rashtriya Ispat Nigam Limited - India
  • Infraline Energy - India
  • TNB Fuel Sdn Bhd - Malaysia
  • Meralco Power Generation, Philippines
  • KOWEPO - South Korea
  • Binh Thuan Hamico - Vietnam
  • Coal India Limited
  • SRK Consulting
  • Peabody Energy - USA
  • PowerSource Philippines DevCo
  • ETA - Dubai
  • Independent Power Producers Association of India
  • Makarim & Taira - Indonesia
  • Star Paper Mills Limited - India
  • Larsen & Toubro Limited - India
  • Maersk Broker
  • Global Business Power Corporation, Philippines
  • Sree Jayajothi Cements Limited - India
  • Electricity Generating Authority of Thailand
  • Metalloyd Limited - United Kingdom
  • Ministry of Transport, Egypt
  • PetroVietnam Power Coal Import and Supply Company
  • Rio Tinto Coal - Australia
  • SMC Global Power, Philippines
  • EMO - The Netherlands
  • Coal Orbis AG
  • globalCOAL - UK
  • Bharathi Cement Corporation - India
  • EIA - United States
  • Globalindo Alam Lestari - Indonesia
  • Chettinad Cement Corporation Ltd - India
  • Indo Tambangraya Megah - Indonesia
  • Malco - India
  • Renaissance Capital - South Africa
  • Energy Link Ltd, New Zealand
  • Bahari Cakrawala Sebuku - Indonesia
  • Bukit Asam (Persero) Tbk - Indonesia
  • Singapore Mercantile Exchange
  • The University of Queensland
  • Cardiff University - UK
  • Sucofindo - Indonesia
  • The Treasury - Australian Government
  • Attock Cement Pakistan Limited
  • GHCL Limited - India
  • Karaikal Port Pvt Ltd - India
  • ICICI Bank Limited - India
  • TGV SRAAC LIMITED, India
  • Inco-Indonesia
  • GB Group - China
  • Bulk Trading Sa - Switzerland
  • Madhucon Powers Ltd - India
  • Uttam Galva Steels Limited - India
  • PTC India Limited - India
  • Glencore India Pvt. Ltd
  • Oldendorff Carriers - Singapore
  • Anglo American - United Kingdom
  • Rudhra Energy - India
  • San Jose City I Power Corp, Philippines
  • OPG Power Generation Pvt Ltd - India
  • Power Finance Corporation Ltd., India
  • Australian Commodity Traders Exchange
  • UBS Singapore
  • India Bulls Power Limited - India
  • DBS Bank - Singapore
  • Noble Europe Ltd - UK
  • Salva Resources Pvt Ltd - India
  • Tata Power - India
  • Xstrata Coal
  • Energy Development Corp, Philippines
  • Miang Besar Coal Terminal - Indonesia
  • ASAPP Information Group - India
  • Ernst & Young Pvt. Ltd.
  • Runge Indonesia
  • Indian Energy Exchange, India
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Credit Suisse - India
  • Medco Energi Mining Internasional
  • Trasteel International SA, Italy
  • Bangkok Bank PCL
  • Bukit Makmur.PT - Indonesia
  • TANGEDCO India
  • TNPL - India
  • Adani Power Ltd - India
  • Deloitte Consulting - India
  • Siam City Cement - Thailand
  • Heidelberg Cement - Germany
  • McKinsey & Co - India
  • IBC Asia (S) Pte Ltd
  • SUEK AG - Indonesia
  • Bank of America
  • Grasim Industreis Ltd - India
  • World Coal - UK
  • CIMB Investment Bank - Malaysia
  • Humpuss - Indonesia
  • Krishnapatnam Port Company Ltd. - India
  • Siam City Cement PLC, Thailand
  • Karbindo Abesyapradhi - Indoneisa
  • Kalimantan Lumbung Energi - Indonesia
  • SASOL - South Africa
  • Jorong Barutama Greston.PT - Indonesia
  • Straits Asia Resources Limited - Singapore
  • Central Electricity Authority - India
  • Gujarat Sidhee Cement - India
  • Directorate General of MIneral and Coal - Indonesia
  • Arutmin Indonesia
  • Therma Luzon, Inc, Philippines
  • GN Power Mariveles Coal Plant, Philippines
  • Moodys - Singapore
  • Coeclerici Indonesia
  • Semirara Mining and Power Corporation, Philippines
  • CoalTek, United States
  • Thomson Reuters GRC
  • JPower - Japan
  • GVK Power & Infra Limited - India