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

Thursday, 04 June 09
CHINA QINHUANGDAO COAL STOCK JUMPS BY 36.2% MOM - STEELGURU
SteelGuru reported that, Sources indicated that, coal stock at Qinhuangdao port, China's major coal port has reached 4.88 million tonnes increasing ...


Thursday, 04 June 09
ASIA COAL - PRICES RISE TO 31/2 MTH HIGH ON OIL, ECONOMY - INTERACTIVE INVESTOR
Interactive Investor reported that, Prices of power-station coal from Australia, a benchmark for Asia, rose to a three-and-a-half-month high of over ...


Thursday, 04 June 09
PTT: RESTRUCTURING BUSINESS, DIVERSIFYING INTO COAL - EASYBOURSE
Thailand's largest energy conglomerate, PTT PCL (PTT.TH), will diversify into coal as part of its business restructuring, Senior Executive Vice Pre ...


Thursday, 04 June 09
ADARO SECURES THREE NEW CONTRACTS, SAYS OUTLOOK POSITIVE - THE JAKARTA POST
Publicly listed PT Adaro Energy, the country's second largest coal miner, announced Wednesday it had secured three new coal contracts from buyers f ...


Wednesday, 03 June 09
XSTRATA, KOMIPO AGREE SOME '09 COAL TONNAGE AT $63/T- REUTERS
South Korean utility Korea Midland Power Co (KOMIPO) has agreed to buy part of its 2009 term contract tonnage from Xstrata's coal unit at about $63 ...


   1340 1341 1342 1343 1344   
Showing 6706 to 6710 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 ...

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