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, 27 May 09
NEWCASTLE PORT'S WEEKLY COAL EXPORTS INCREASE 3.6% - BLOOMBERG
Coal shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel, rose 3.6 percent last week while the num ...


Wednesday, 27 May 09
EUROPEAN COAL PRICES FOR 2010 SETTLEMENT DROP TO 11-DAY LOW - BLOOMBERG
Benchmark European coal derivatives declined to an 11-day low as oil prices slumped. Coal for delivery to Amsterdam, Rotterdam or Antwerp with se ...


Tuesday, 26 May 09
NEW MINING PERMITS TO BE OBTAINABLE WITHIN TWO WEEKS' TIME - MAJALAHTAMBANG
The Indonesian government is currently formulating a procedure for companies willing to obtain mining permits (IUP in its Indonesian abbreviation). ...


Tuesday, 26 May 09
KADIN CALLS FOR BIGGER RECOGNITION OF MINING SECTOR - MAJALAHTAMBANG
The Indonesian Chamber of Commerce and Industry (KADIN Indonesia) had called other sectors, particularly the forestry and the land administration se ...


Tuesday, 26 May 09
TUTICORIN PORT TO INVEST RS 700CR FOR COAL HANDLING FACILITIES
Business Standard reported that, The Tuticorin Port will develop coal handling facilities for state-run Neyveli Lignite Corporation (NLC) and Coasta ...


   1345 1346 1347 1348 1349   
Showing 6731 to 6735 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 ...

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