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
Monday, 21 February 11
ABOLISH 5% DUTY ON COAL IMPORTS: SHINDE


Indian Express reported that, with acute coal shortage of domestic coal threatening to destabilise its power generation plans, the power ministry has demanded that the government abolish the custom duty of 5 per cent in the coming Budget on imports of the mineral.

In a note to the government on February 11 last, the power ministry pointed out that coal-starved power plants are increasingly securing thermal coal from abroad, the imports of which has shot up to 23.2 million tonnes (MT) in 2009-10 against 16 MT in 2008-09. It argued that with domestic coal in short supply, the utilities have sustained a whooping generation loss of 5.3 billion units in 2010-11 (April-December).

“The problem is likely to aggravate from 2011-12 in view of inadequate availability of coal from Coal India Limited (CIL) and limitations in blending beyond 10-15 per cent of the total consumption. CIL officials have told the Plan Panel in a meeting on January 27 last that of the total demand of 480 MT in 2011-12, they can only supply 319 MT. This further compounds our problem,” the ministry contended.

Arguing that imports were indispensable for firing the turbines ceaselessly, the power ministry asked the government to provide cushion to the utilities by doing away with the 5 per cent duty on coal imports.

“As imports of coal is necessitated mainly due to inadequate availability of coal from domestic sources and it has huge financial impacts on Discoms and consumers, it is recommended that the custom duty on import of coal may be done away with immediately,” the ministry said in the note.

According to the ministry, coal imports have been steadily going up. The domestic utilities imported 4.5 MT in 2004-05, 10 MT during 2005-06, 16 MT in 2008-09 before touching 23.2 MT in 2009-10. Maintaining that supply from CIL and other domestic sources could fire power turbines of up to 3,000 MW only, the power ministry warned that “new capacity of about 20,000 MW is likely to be grounded for want of domestic coal.”

Irrespective of the fact that most of the coal-based generation projects under construction during 11th and 12th Plan periods have either been accorded linkages or coal blocks, but the inadequacy of domestic coal was assuming serious proportions, which would available assets stranded for want of coal.
Source: Indian Express (By: Priyadarshi Siddhanta)



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Thursday, 24 February 11
DRY BULK MARKET KEEPS LOSING GROUND, CAPESIZES SUFFERING - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market lost further ground yesterday, as the industry’s benchmark, the Baltic Dry Index was rapidly falling, ending the session d ...


Thursday, 24 February 11
SUPRAS ARE FIXED AT CLOSE TO 10K FOR TRIPS VIA INDONESIA TO INDIA WITH COAL - FEARNBULK
Handy After a short lived surge in rates the Atlantic market has flattened out due to too many spot vessels. The USGulf has cooled down somewhat f ...


Wednesday, 23 February 11
LIMITED AVAILABILITY OF COAL COULD TRIP MEGA POWER PLANT - THE ECONOMIC TIMES
The Economic Times, an Indian leading news paper reported that, an acute shortage of domestic coal is threatening to destabilize new power generatio ...


Wednesday, 23 February 11
DRY BULK MARKET BACK ON RETREAT MODE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The two week rise of dry bulk freight rates seems to have come to a halt this week, with the industry’s benchmark, the Baltic Dry Index (BDI) lo ...


Wednesday, 23 February 11
INDONESIA NEEDS TO REVISE EXPORT BAN ON 5600 GAD COAL EXPORT - INDUSTRY
COALspot.com - The Indonesian government may be forced to revise its 2014 timeline for the proposed ban on all low quality coal exports, Patrick Han ...


   1072 1073 1074 1075 1076   
Showing 5366 to 5370 news of total 6871
News by Category
Popular News
 
Total Members : 28,697
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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