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

Tuesday, 05 May 09
INDONESIA'S ADARO PAYS $78.6 MLN FOR COAL-BARGING FIRM - REUTERS
INDONESIA's largest coal producer by market value, PT Adaro Energy Tbk, said late on Monday it paid $78.6 million for a 74 percent stake in Orchard ...


Tuesday, 05 May 09
PHILIPPINES SEMIRARA STILL EXPECTS HIKE IN COAL SALES - BUSINESS MIRROR
DESPITE the anticipated soft demand resulting from the prevailing global financial crisis, the country’s largest coal producer Semirara Mining ...


Monday, 04 May 09
VISTAAR SINGAPORE SAYS, THIS MONTH DRY BULK FREIGHT LIKELY TO COME DOWN
COALspot.com (Singapore) - VISTAAR shipping Services Pte Limited of Singapore, said, the beginning of last week started with bit of weakness an ...


Monday, 04 May 09
PNOC-EC TO GROW COAL OPERATIONS - PHILIPPINE DAILY INQUIRER
LISTED firm Philippine National Oil Co.-Exploration Corp.  plans to expand its operations this year to ensure the steady supply of coal and fur ...


Saturday, 02 May 09
BUMI'S FIRST-QUARTER PROFIT RISES 21% ON COAL PRICE - BLOOMBERG
PT BUMI RESOURCES, Asia’s biggest exporter of power-station coal, said first-quarter profit rose 21 percent after it earned higher prices for ...


   1353 1354 1355 1356 1357   
Showing 6771 to 6775 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 ...

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