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, 28 April 09
S'PORE COURT RULES AGAINST DEUTSCHE ON ASSET SALE - REUTERS
Singapore's highest court has ruled that Deutsche Bank (DBKGn.DE) may have to pay unspecified damages to an investment firm as it did not get the b ...


Tuesday, 28 April 09
WORLD THERMAL COAL PRICE EXPECTED TO CRASH - PURCHASING.COM
Macquarie Bank sees 50% drop to $60/ton in 2009 Macquarie Bank today forecast the 2009 average market price for world thermal coal at $60/ton, a ...


Tuesday, 28 April 09
THAI LANNA TO OPEN NEW INDONESIAN MINE BY Q3 - REUTERS
Thailand's Lanna Resources PCL LANN.BK said on Monday it planned to open a new coal mine in Indonesia by the third quarter of 2009 with an initial ...


Tuesday, 28 April 09
SOUTH AFRICAN EXPORT COAL RETREATS ON WEAKER EUROPEAN DEMAND - BLOOMBERG
Prices for coal shipped from South Africa’s Richards Bay, site of the world’s largest export terminal for the fuel, fell for a second co ...


Monday, 27 April 09
INDONESIA S.KALIMANTAN GETS COAL TRUCKS OFF PUBLIC ROADS - REUTERS
A local government in one of Indonesia's top coal-producing areas has banned coal and palm oil firms from using public roads because of the damage ...


   1355 1356 1357 1358 1359   
Showing 6781 to 6785 news of total 6871
News by Category
Popular News
 
Total Members : 28,617
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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