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, 13 May 09
INDONESIA ADARO NET PROFIT, REVENUE TO RISE IN 2009 - REUTERS
INDONESIA's largest coal producer by market value, PT Adaro Energy Tbk, expects double-digit growth in revenue and net profit this year, an officia ...


Wednesday, 13 May 09
ALPHA TO BUY RIVAL, CREATING NEW US COAL HEAVYWEIGHT - MININGWEEKLY.COM
Alpha Natural Resources, the biggest supplier of metallurgical coal in the US, has agreed to buy Maryland-based rival Foundation Coal for about $1,4 ...


Tuesday, 12 May 09
CHINA MINERS CUT COAL PRICE OFFER TO JAPAN UTILITIES - ALIBABA.COM
* Producers cut offer to $75.50 a tonne from over $80 * Negotiations may conclude soon as price gap narrows * New offer at discount of about 43 pe ...


Tuesday, 12 May 09
INDO TAMBANGRAYA SEES 2010 COAL OUTPUT UP 25 PCT - REUTERS
Indonesian coal miner, PT Indo Tambangraya Megah (ITMG.JK), expects coal output to increase by up to 25 percent next year as production kicks in at ...


Tuesday, 12 May 09
INDIKA EXPECTS TO INCREASE COAL PRODUCTION BY 12.68% IN 2010 - THE JAKARTA POST
Energy and infrastructure company PT Indika Energy, the parent company of Indonesia's third largest coal producer PT Kideco Jaya Agung, expects its ...


   1350 1351 1352 1353 1354   
Showing 6756 to 6760 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 ...

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