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

Monday, 20 April 09
PT PAMAPERSADA SEES ITS REVENUE TO CLIMB BY 20% IN 2009 - STEELGURU
PT Pamapersada Nusantara, a unit of Indonesia's PT United Tractors, said that its 2009 profit will be similar to last year, even as it forecasts re ...


Monday, 20 April 09
NIPPON STEEL SEMI-SOFT COAL PRICE SAID TO DROP 67% - BLOOMBERG
Nippon Steel Corp., Japan’s largest mill, will pay up to 67 percent less for semi-soft coking coal this fiscal year, two industry executives w ...


Monday, 20 April 09
INTERNATIONAL INVESTORS SEEK TO SELL ADARO STAKES - MONEY.CNN
Some international investors in PT Adaro Energy ( ADRO.JK) have approached other companies to sell around a combined 17% stake in the coal miner via ...


Friday, 17 April 09
BHATIA COAL INDIA, VITOL IN DISPUTE - COAL JUNCTION
Bhatia Coal India, a subsidiary of the Bhatia International Group, terminated a coal supply contract with traders Vitol and has initiated arbitratio ...


Friday, 17 April 09
JSW TO BUY THERMAL COAL MINE IN AFRICA
Sajjan Jindal-led JSW Energy is close to acquiring a sub-Saharan African thermal coal mine, which has reserves of more than 200 million tons, to min ...


   1360 1361 1362 1363 1364   
Showing 6806 to 6810 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 ...

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