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

Sunday, 26 April 09
INDONESIAN GOVT SAYS COAL MINES CAUSE WEEKLONG FLOOD - THE JAKARTA POST
Samarinda administration in East Kalimantan admitted openly Thursday that the weeklong flood that paralyzed the city was caused by unruly management ...


Saturday, 25 April 09
FOREIGN SHARE DIVESTMENT STARTING THE 6TH YEAR OF PRODUCTION - MAJALAH TAMBANG
The government would set a divestment scheme for foreign miners, which would require companies to divest their ownership starting the 6th year of pr ...


Saturday, 25 April 09
INDO TAMBANGRAYA MEGAH ALLOCATED USD 126 MILLION FOR CAPITAL SPENDING - MAJALAH TAMBANG
Somyot Ruchirawat, President Director of PT Indo Tambangraya Megah, Tbk (ITMG), has announced the company's total dividend payment of Rp 1,345 per ...


Saturday, 25 April 09
MINING SECTOR IS STILL ON THE SURPLUS - THE JAKARTA POST
The global financial crisis is apparently also having an impact on the mining sector. People are thinking twice about investing in the mining sector ...


Saturday, 25 April 09
ADARO RUNS CATARACT OPERATION PROGRAM - THE JAKARTA POST
As part of its CSR program, thermal coal producer PT Adaro Indonesia has made cataract operations available to residents of Tandjung district, South ...


   1357 1358 1359 1360 1361   
Showing 6791 to 6795 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 ...

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