We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
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.
|
|
Wednesday, 27 May 09
EUROPEAN COAL PRICES FOR 2010 SETTLEMENT DROP TO 11-DAY LOW - BLOOMBERG
Benchmark European coal derivatives declined to an 11-day low as oil prices slumped.
Coal for delivery to Amsterdam, Rotterdam or Antwerp with se ...
Tuesday, 26 May 09
NEW MINING PERMITS TO BE OBTAINABLE WITHIN TWO WEEKS' TIME - MAJALAHTAMBANG
The Indonesian government is currently formulating a procedure for companies willing to obtain mining permits (IUP in its Indonesian abbreviation). ...
Tuesday, 26 May 09
KADIN CALLS FOR BIGGER RECOGNITION OF MINING SECTOR - MAJALAHTAMBANG
The Indonesian Chamber of Commerce and Industry (KADIN Indonesia) had called other sectors, particularly the forestry and the land administration se ...
Tuesday, 26 May 09
TUTICORIN PORT TO INVEST RS 700CR FOR COAL HANDLING FACILITIES
Business Standard reported that, The Tuticorin Port will develop coal handling facilities for state-run Neyveli Lignite Corporation (NLC) and Coasta ...
Monday, 25 May 09
MMTC TO IMPORT 12.5 MN TN COAL FOR NTPC
India's State-run trading firm MMTC Ltd will import 12.5 million tonnes of coal this fiscal for the country’s largest power producer, NTPC. M ...
|
|
|
Showing 6731 to 6735 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Savvy Resources Ltd - HongKong
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Central Electricity Authority - India
- Ambuja Cements Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Commonwealth Bank - Australia
- Banpu Public Company Limited - Thailand
- Kumho Petrochemical, South Korea
- PTC India Limited - India
- Electricity Authority, New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ministry of Mines - Canada
- MS Steel International - UAE
- Ind-Barath Power Infra Limited - India
- Global Business Power Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Attock Cement Pakistan Limited
- Cigading International Bulk Terminal - Indonesia
- Manunggal Multi Energi - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Antam Resourcindo - Indonesia
- Timah Investasi Mineral - Indoneisa
- OPG Power Generation Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Anglo American - United Kingdom
- Krishnapatnam Port Company Ltd. - India
- Mercuria Energy - Indonesia
- Singapore Mercantile Exchange
- Eastern Coal Council - USA
- Indogreen Group - Indonesia
- Indonesian Coal Mining Association
- Madhucon Powers Ltd - India
- Coastal Gujarat Power Limited - India
- Ministry of Finance - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Marubeni Corporation - India
- Sakthi Sugars Limited - India
- Pendopo Energi Batubara - Indonesia
- Indian Energy Exchange, India
- Edison Trading Spa - Italy
- Trasteel International SA, Italy
- Bukit Asam (Persero) Tbk - Indonesia
- Simpson Spence & Young - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Orica Australia Pty. Ltd.
- Baramulti Group, Indonesia
- Chamber of Mines of South Africa
- Binh Thuan Hamico - Vietnam
- Heidelberg Cement - Germany
- Salva Resources Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indo Tambangraya Megah - Indonesia
- McConnell Dowell - Australia
- Wood Mackenzie - Singapore
- London Commodity Brokers - England
- Economic Council, Georgia
- Larsen & Toubro Limited - India
- Sindya Power Generating Company Private Ltd
- Indika Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- IEA Clean Coal Centre - UK
- Formosa Plastics Group - Taiwan
- Petrochimia International Co. Ltd.- Taiwan
- Indian Oil Corporation Limited
- Parliament of New Zealand
- Carbofer General Trading SA - India
- Port Waratah Coal Services - Australia
- SN Aboitiz Power Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- Electricity Generating Authority of Thailand
- Essar Steel Hazira Ltd - India
- Wilmar Investment Holdings
- CNBM International Corporation - China
- Medco Energi Mining Internasional
- Merrill Lynch Commodities Europe
- Kobexindo Tractors - Indoneisa
- Price Waterhouse Coopers - Russia
- Straits Asia Resources Limited - Singapore
- Altura Mining Limited, Indonesia
- Meenaskhi Energy Private Limited - India
- Gujarat Sidhee Cement - India
- Tamil Nadu electricity Board
- Latin American Coal - Colombia
- Romanian Commodities Exchange
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- White Energy Company Limited
- Power Finance Corporation Ltd., India
- Karbindo Abesyapradhi - Indoneisa
- Oldendorff Carriers - Singapore
- VISA Power Limited - India
- Mercator Lines Limited - India
- Siam City Cement - Thailand
- Metalloyd Limited - United Kingdom
- Gujarat Electricity Regulatory Commission - India
- Australian Coal Association
- Jorong Barutama Greston.PT - Indonesia
- Coalindo Energy - Indonesia
- Energy Development Corp, Philippines
- Siam City Cement PLC, Thailand
- Georgia Ports Authority, United States
- Malabar Cements Ltd - India
- Directorate Of Revenue Intelligence - India
- Lanco Infratech Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Central Java Power - Indonesia
- Barasentosa Lestari - Indonesia
- Eastern Energy - Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Minerals Council of Australia
- Semirara Mining and Power Corporation, Philippines
- Meralco Power Generation, Philippines
- Mjunction Services Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- PowerSource Philippines DevCo
- Planning Commission, India
- Australian Commodity Traders Exchange
- Bulk Trading Sa - Switzerland
- San Jose City I Power Corp, Philippines
- Bhoruka Overseas - Indonesia
- Bayan Resources Tbk. - Indonesia
- GVK Power & Infra Limited - India
- Semirara Mining Corp, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Borneo Indobara - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jaiprakash Power Ventures ltd
- Kaltim Prima Coal - Indonesia
- India Bulls Power Limited - India
- ASAPP Information Group - India
- Petron Corporation, Philippines
- Africa Commodities Group - South Africa
- Vedanta Resources Plc - India
- Sinarmas Energy and Mining - Indonesia
- Jindal Steel & Power Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Therma Luzon, Inc, Philippines
- Mintek Dendrill Indonesia
- Star Paper Mills Limited - India
- Independent Power Producers Association of India
- Deloitte Consulting - India
- Tata Chemicals Ltd - India
- Billiton Holdings Pty Ltd - Australia
- ICICI Bank Limited - India
- European Bulk Services B.V. - Netherlands
- SMC Global Power, Philippines
- Aboitiz Power Corporation - Philippines
- GMR Energy Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Orica Mining Services - Indonesia
- South Luzon Thermal Energy Corporation
- Sojitz Corporation - Japan
- TNB Fuel Sdn Bhd - Malaysia
- New Zealand Coal & Carbon
- Aditya Birla Group - India
- International Coal Ventures Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Dalmia Cement Bharat India
- Goldman Sachs - Singapore
- Sical Logistics Limited - India
- Sarangani Energy Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Cement Manufacturers Association - India
- Grasim Industreis Ltd - India
- Makarim & Taira - Indonesia
- Vizag Seaport Private Limited - India
- Uttam Galva Steels Limited - India
- Posco Energy - South Korea
- Kartika Selabumi Mining - Indonesia
- Kideco Jaya Agung - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Thai Mozambique Logistica
- Global Green Power PLC Corporation, Philippines
- Bangladesh Power Developement Board
- Bharathi Cement Corporation - India
- Rio Tinto Coal - Australia
- Global Coal Blending Company Limited - Australia
- Xindia Steels Limited - India
- Samtan Co., Ltd - South Korea
- Rashtriya Ispat Nigam Limited - India
- Chettinad Cement Corporation Ltd - India
- Kepco SPC Power Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Globalindo Alam Lestari - Indonesia
- Renaissance Capital - South Africa
- Karaikal Port Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- The Treasury - Australian Government
- The State Trading Corporation of India Ltd
- PetroVietnam Power Coal Import and Supply Company
- SMG Consultants - Indonesia
- Iligan Light & Power Inc, Philippines
- Videocon Industries ltd - India
- Intertek Mineral Services - Indonesia
- Sree Jayajothi Cements Limited - India
- GAC Shipping (India) Pvt Ltd
- Ministry of Transport, Egypt
- Parry Sugars Refinery, India
- Toyota Tsusho Corporation, Japan
- Bhushan Steel Limited - India
- AsiaOL BioFuels Corp., Philippines
- Coal and Oil Company - UAE
- Energy Link Ltd, New Zealand
- IHS Mccloskey Coal Group - USA
- Interocean Group of Companies - India
- Kapuas Tunggal Persada - Indonesia
- Thiess Contractors Indonesia
- The University of Queensland
- Standard Chartered Bank - UAE
- Agrawal Coal Company - India
- Bhatia International Limited - India
- Bukit Makmur.PT - Indonesia
- Ceylon Electricity Board - Sri Lanka
- CIMB Investment Bank - Malaysia
|
| |
| |
|
