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
Saturday, 30 May 09
COAL INDIA SIGNS FUEL SUPPLY AGREEMENT WITH NTPC - SINDHTODAY


India’s largest coal miner Coal India Friday inked a much-awaited fuel supply agreement (FSA) with power generation major NTPC Ltd.

In the agreement both sides have settled for a ‘trigger level’ of 90 percent. Trigger level is the minimum assured level of coal supply and offtake, failing which either of the parties will attract penalty.

Earlier Coal India had insisted on a trigger level of 75 percent, but NTPC had asked for 90 percent.

The FSA signed here is the first between Coal India and any power utility and would serve as the model for all subsequent agreements between coal companies and power agencies, Coal India chairman Partha Bhattacharyya said.

“We will now sign such pacts with state power utilities and other power companies,” he told reporters.

As per the new coal distribution policy (NCDP) of the central government, coal companies are required to supply the black gold to consumers through legally enforceable FSAs with performance-based ‘take or pay’ provision.

Out of its 1,222 valid consumers, Coal India has formulated FSAs with 1,167, but so far it had not entered into any such pact with any power utility.

More than 75 percent of Coal India’s production is lapped up by power utilities.

The Central Electricity Authority (CEA), which played a pivotal role in formulating the FSA, has developed an all India coal supply matrix for all 78 power stations in which Coal India will supply a total aggregate annual contracted quantity (ACQ) of 306 million tonnes, Bhattacharyya said.

The tenure of the FSA with power utilities will be a maximum of 20 years or till the end of the life of the power station, whichever is earlier. However, there are provisions for a joint review of the ACQ after five years.

The coal company will get a bonus if it can supply more than the trigger level of 90 percent of the ACQ, but will have to shell out a penalty to the power agency if the supply falls below the trigger level.

Similarly, the power utilities will be eligible for a bonus if they can lift more than the trigger level of 90 percent of the ACQ, but pay a compensation in case the lifted quantity falls below the trigger level.

NTPC chairman R.S. Sharma was also present at the media meet.

Source: http://www.sindhtoday.net/news/1/15435.htm   



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

Recent News

Tuesday, 02 June 09
ADARO MAY RAISE COAL SALES TO CHINA, INDIA PLANTS - THE JAKARTA GLOBE
PT Adaro Energy, the country’s second-largest coal producer, may increase sales of power-plant coal to China and India on signs of a global ec ...


Monday, 01 June 09
LAHAT RELIES ON COAL FOR GROWTH
Lahat regency in South Sumatra spans 6,618.27 square kilometers, encompasses 19 districts and covers 528 subdistricts and villages. It is inhabited ...


Monday, 01 June 09
LANDED COST OF IMPORTED COAL HAS INCREASED BY 10 - 15% COMPARE TO EARLY THIS YEAR - PAKISTAN TRADERS
COALspot.com (Pakistan): Due to visiting non commercial vessels occupied commercial berths in  Karachi port, coal carrying vessels were sufferi ...


Monday, 01 June 09
LAHAT RELIES ON COAL FOR GROWTH - THE JAKARTA POST
Lahat regency in South Sumatra spans 6,618.27 square kilometers, encompasses 19 districts and covers 528 subdistricts and villages. It is inhabited ...


Saturday, 30 May 09
THE CHINESE IMPORTS OF IRON ORE,COAL AND NICKEL ORE SEEMED TO BE STEADY - VISTAAR SINGAPORE
COALspot.com (Singapore): VISTAAR Shipping Pte Limited, an experienced ship operator from Singapore,said, the Baltic index rally continued this week ...


   1343 1344 1345 1346 1347   
Showing 6721 to 6725 news of total 6871
News by Category
Popular News
 
Total Members : 28,706
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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