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

Wednesday, 03 June 09
BUILDING A ROAD TO LINK 3 GIANTS - THE JAKARTA GLOBE
Madhu Koneru is building a road to the future that will bring together the financial heft of the Middle East, the technological know-how of a rising ...


Tuesday, 02 June 09
GOVT FINALIZING DMO MECHANISM, REFERENCE PRICE FOR COAL - THE JAKARTA POST
Indonesia, the world's largest thermal coal exporter, is finalizing regulations on a reference price on coal, on a domestic market obligation (DMO) ...


Tuesday, 02 June 09
CHINA OVERSEAS COAL DEMAND TO STAY BUOYANT-MINERS (REUTERS)
China's demand for overseas coal is expected to stay strong in the second half as long as prices of imported coal maintain a discount to domestic p ...


Tuesday, 02 June 09
INDONESIA'S COAL EXPORTS REACH US$ 3.44 BILLION SO FAR THIS YEAR - TRADINGCHARTS
Indonesia`s coal exports in the January-April 2009 period increased by 21.31 per cent to US$3.44 billion compared to US$2.83 billion in the same per ...


Tuesday, 02 June 09
INDONESIA'S BUKIT ASAM AGREES HIGHER COAL PRICES - REUTERS
Indonesian state coal miner PT Bukit Asam Tbk said it has agreed coal prices for two power plants owned by state electricity firm PT Perusahaan List ...


   1342 1343 1344 1345 1346   
Showing 6716 to 6720 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 ...

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