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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
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Tuesday, 12 May 09
BANPU'S PROFIT DOUBLES TO RECORD AFTER SALES JUMP - BLOOMBERG
BANPU Pcl, Thailand’s biggest coal producer, reported first-quarter profit more than doubled to a record after higher prices for the fuel boos ...
Tuesday, 12 May 09
COAL IN PLACE, GMR PLANS 2,000-MW THERMAL PLANT - BUSINESS-STANDARD
GMR ENERGY, a subsidiary of Bangalore-based infrastructure company GMR Infrastructure Ltd, is planning to set up a 2,000-Mw thermal power plant near ...
Monday, 11 May 09
SOUTH AFRICA PROBLEMS SLOW INDIA COAL BUYING - MINE WEB
Indian imports of South African coal are likely to be close to 12 million tonnes in 2009, up from 10 million last year.
Indian coal buyers were a ...
Saturday, 09 May 09
THE WEEK SAW BIT OF HECTIC ACTIVITY IN THE FREIGHT MARKET - VISTAAR SHIPPING
COALspot.com (Singapore) : VISTAAR Shipping Pte Limited, one of the experienced ship operator in Singapore, said, the week saw bit of hectic ac ...
Saturday, 09 May 09
CHINA PLANS TO BUILD COAL STOCKPILE BASES IN SHANDONG - BLOOMBERG
China, the world’s largest coal producer and consumer, plans to build stockpiles of the fuel in the eastern province of Shandong to ensure sup ...
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- Ind-Barath Power Infra Limited - India
- Straits Asia Resources Limited - Singapore
- Electricity Generating Authority of Thailand
- Barasentosa Lestari - Indonesia
- Siam City Cement PLC, Thailand
- Jorong Barutama Greston.PT - Indonesia
- The University of Queensland
- Trasteel International SA, Italy
- Aditya Birla Group - India
- Aboitiz Power Corporation - Philippines
- SMC Global Power, Philippines
- Holcim Trading Pte Ltd - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Timah Investasi Mineral - Indoneisa
- The Treasury - Australian Government
- Semirara Mining and Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Miang Besar Coal Terminal - Indonesia
- Deloitte Consulting - India
- Essar Steel Hazira Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Vizag Seaport Private Limited - India
- Interocean Group of Companies - India
- Mjunction Services Limited - India
- Ceylon Electricity Board - Sri Lanka
- Riau Bara Harum - Indonesia
- Rio Tinto Coal - Australia
- Maheswari Brothers Coal Limited - India
- Australian Commodity Traders Exchange
- Globalindo Alam Lestari - Indonesia
- Australian Coal Association
- VISA Power Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Siam City Cement - Thailand
- IEA Clean Coal Centre - UK
- Makarim & Taira - Indonesia
- Anglo American - United Kingdom
- Carbofer General Trading SA - India
- Coastal Gujarat Power Limited - India
- Bulk Trading Sa - Switzerland
- Bhatia International Limited - India
- McConnell Dowell - Australia
- Indian Oil Corporation Limited
- TNB Fuel Sdn Bhd - Malaysia
- ASAPP Information Group - India
- Ministry of Finance - Indonesia
- SN Aboitiz Power Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Kobexindo Tractors - Indoneisa
- Krishnapatnam Port Company Ltd. - India
- PowerSource Philippines DevCo
- Sojitz Corporation - Japan
- Ministry of Mines - Canada
- Eastern Energy - Thailand
- GMR Energy Limited - India
- Semirara Mining Corp, Philippines
- Singapore Mercantile Exchange
- Samtan Co., Ltd - South Korea
- Star Paper Mills Limited - India
- ICICI Bank Limited - India
- Global Business Power Corporation, Philippines
- Latin American Coal - Colombia
- Sree Jayajothi Cements Limited - India
- Bukit Makmur.PT - Indonesia
- Central Electricity Authority - India
- Power Finance Corporation Ltd., India
- Commonwealth Bank - Australia
- Kapuas Tunggal Persada - Indonesia
- Metalloyd Limited - United Kingdom
- Alfred C Toepfer International GmbH - Germany
- Attock Cement Pakistan Limited
- Merrill Lynch Commodities Europe
- Xindia Steels Limited - India
- Indo Tambangraya Megah - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dalmia Cement Bharat India
- Indonesian Coal Mining Association
- Sindya Power Generating Company Private Ltd
- Karaikal Port Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- New Zealand Coal & Carbon
- PTC India Limited - India
- European Bulk Services B.V. - Netherlands
- Madhucon Powers Ltd - India
- Electricity Authority, New Zealand
- Planning Commission, India
- Central Java Power - Indonesia
- Standard Chartered Bank - UAE
- Chamber of Mines of South Africa
- Independent Power Producers Association of India
- Malabar Cements Ltd - India
- Thiess Contractors Indonesia
- Toyota Tsusho Corporation, Japan
- Altura Mining Limited, Indonesia
- CIMB Investment Bank - Malaysia
- Wilmar Investment Holdings
- Bhoruka Overseas - Indonesia
- GVK Power & Infra Limited - India
- Baramulti Group, Indonesia
- Medco Energi Mining Internasional
- Jaiprakash Power Ventures ltd
- Formosa Plastics Group - Taiwan
- Gujarat Sidhee Cement - India
- Uttam Galva Steels Limited - India
- Banpu Public Company Limited - Thailand
- Gujarat Electricity Regulatory Commission - India
- TeaM Sual Corporation - Philippines
- Edison Trading Spa - Italy
- Indogreen Group - Indonesia
- Ministry of Transport, Egypt
- Renaissance Capital - South Africa
- Global Coal Blending Company Limited - Australia
- Videocon Industries ltd - India
- LBH Netherlands Bv - Netherlands
- Economic Council, Georgia
- Simpson Spence & Young - Indonesia
- London Commodity Brokers - England
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Orica Australia Pty. Ltd.
- Indika Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- SMG Consultants - Indonesia
- Bukit Baiduri Energy - Indonesia
- Larsen & Toubro Limited - India
- Binh Thuan Hamico - Vietnam
- Chettinad Cement Corporation Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Romanian Commodities Exchange
- Vijayanagar Sugar Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Wood Mackenzie - Singapore
- Marubeni Corporation - India
- Bhushan Steel Limited - India
- Kideco Jaya Agung - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Tata Chemicals Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kaltim Prima Coal - Indonesia
- Kartika Selabumi Mining - Indonesia
- Cement Manufacturers Association - India
- Borneo Indobara - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Bangladesh Power Developement Board
- Energy Development Corp, Philippines
- Petron Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- India Bulls Power Limited - India
- Indian Energy Exchange, India
- Karbindo Abesyapradhi - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Asmin Koalindo Tuhup - Indonesia
- Mintek Dendrill Indonesia
- Sarangani Energy Corporation, Philippines
- Kumho Petrochemical, South Korea
- Intertek Mineral Services - Indonesia
- Bayan Resources Tbk. - Indonesia
- Agrawal Coal Company - India
- Mercuria Energy - Indonesia
- Ambuja Cements Ltd - India
- Lanco Infratech Ltd - India
- San Jose City I Power Corp, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Bahari Cakrawala Sebuku - Indonesia
- Oldendorff Carriers - Singapore
- GAC Shipping (India) Pvt Ltd
- Vedanta Resources Plc - India
- Coal and Oil Company - UAE
- Posco Energy - South Korea
- IHS Mccloskey Coal Group - USA
- Minerals Council of Australia
- Parry Sugars Refinery, India
- Heidelberg Cement - Germany
- Grasim Industreis Ltd - India
- Bharathi Cement Corporation - India
- Meralco Power Generation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Antam Resourcindo - Indonesia
- White Energy Company Limited
- Price Waterhouse Coopers - Russia
- Mercator Lines Limited - India
- Orica Mining Services - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Meenaskhi Energy Private Limited - India
- Tamil Nadu electricity Board
- Billiton Holdings Pty Ltd - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coalindo Energy - Indonesia
- Eastern Coal Council - USA
- Bukit Asam (Persero) Tbk - Indonesia
- Energy Link Ltd, New Zealand
- Pendopo Energi Batubara - Indonesia
- Kepco SPC Power Corporation, Philippines
- Sakthi Sugars Limited - India
- Therma Luzon, Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Jindal Steel & Power Ltd - India
- Salva Resources Pvt Ltd - India
- Thai Mozambique Logistica
- Port Waratah Coal Services - Australia
- PNOC Exploration Corporation - Philippines
- MS Steel International - UAE
- Parliament of New Zealand
- CNBM International Corporation - China
- Kohat Cement Company Ltd. - Pakistan
- Sinarmas Energy and Mining - Indonesia
- The State Trading Corporation of India Ltd
- OPG Power Generation Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Georgia Ports Authority, United States
- Africa Commodities Group - South Africa
- Sical Logistics Limited - India
- Goldman Sachs - Singapore
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