COALspot.com keeps you connected across the coal world
  • JUNE 2022 HBA FOR EXPORTS INCREASED BY 17.51% MOM, 104.36% YTM AND 222.84% YOY
  • JUNE 2022 INDONESIAN COAL PRICE REFERENCE FOR EXPORTS FIXED AT US$ 323.91 A TON

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


WTI Crude Oil

BRENT Crude Oil

Search News
Latest CoalNews Headlines
Wednesday, 15 June 11
INDONESIA NEW COAL POLICY WORRIES INDIA POWER FIRMS - MYDIGITALFC


Tata Power, Adani group, Lanco Infratech and Reliance Power, among other Indian coal importers, are waiting to assess the impact of the Indonesian government attempts to benchmark its coal prices to international indices. The new system has the potential to increase the cost of thermal power generated using imported coal in India.

The new method that will come into effect from September attempts to link the royalties paid to the Indonesian government to an index of coal prices for Australian and South African coal in addition to others. But Indian firms said Indonesian coal is of lower calorific value and, hence, priced cheaper compared with Australian and South African coal.

Deepak Amitabh, director (corporate finance) of PTC, said there are lots of issues, which still need to be sorted before the coal prices are determined. “We are still not clear how the government will work out the price differentials between Indonesian coal and that produced by Australia or South Africa, for example. Also the spot prices are always costly compared with the long-term sales contracts. We need to find out if the long term contracts for Indonesian coal would be at discount to international market prices or not.”

In September 2010 the Indonesian government issued new regulations to determine the benchmark price for the sale of coal and minerals. The regulation proposes to peg the price for both domestic sales and export of coal to a ‘benchmark price’ for all the mining licensees. Dipesh Dipu, director, consulting (mining) at Deloitte in India said the new regulation will force companies to transact at market prices, which may be seen as raising the cost of delivered coal in India.

“When companies invest in Indonesia, they tend to have the intent to sell coal at cost, so that Indonesian business unit remained at no or negligible profits. Taking a holistic view, however, the cash flows in an integrated Indonesian coal mining and Indian power generation unit after this regulation will continue to be similar, except that income taxes will be paid in Indonesia, and the cash flows will need to be brought on the books on Indian power project after paying taxes in Indonesia through appropriate and innovative business structuring,” said Dipu.

Banmali Agarwala, executive director and head of business development at Tata Power said, “The increased pricing will definitely affect the cost of generation and we are trying to work out a strategy to handle the additional hike.”

Adani group that sources coal from its mines in Indonesia is also expected to be affected by this regulation, as Adani Enterprises has direct stake in Bunyu mines in Indonesia. Adani Power has contracted to procure 4.6 mtpa coal from Adani Enterprises at $36 per tonne. However, the total import requirement for present operational capacities is around 6 mtpa.

Vijaykumar Bupathy, senior analyst with Spark Capital Advisors, said in report that “Assuming a $50 per tonne increase in the free on board (FoB) price of coal, there would be Rs 1,040 crore incremental fuel cost to the group to the extent of the committed 4.6 mtpa of supply alone.” However, when Financial Chronicle contacted Adani Enterprises, the company said there will be no direct impact on the company, since its total cost of mining and transporting Indonesian coal to Mundra is $25 per tonne. The coal is sold to Adani Power at $36 per tonne. “Any hike in price would only increase the royalty payments by around $1 or $2 per tonne. This may have a marginal impact on the company,” said a senior finance official of Adani Enterprises.

Tata Power/BSE Rs 1,249.35 p
NSE Rs 1,249.90 p
Source: mydigitalfc (By Vikas Srivastav)



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

Recent News

Tuesday, 22 February 22
CHINA'S DAILY OUTPUT OF COAL REBOUNDS TO OVER 12 MLN TONNES - REUTERS
China’s coal output returned to more than 12 million tonnes per day as of Feb. 20, the country’s state planner said on Monday, a level ...


Thursday, 17 February 22
MAJOR INSTITUTIONS PROVIDED OVER $1.5 TRLN TO COAL SECTOR IN 2019-2021, SAYS NGO GROUP - REUTERS
Financial institutions channelled more than $1.5 trillion into the coal industry in loans and underwriting from January 2019 to November 2021, even ...


Thursday, 17 February 22
APAC THERMAL COAL PRICES TO EASE ON END OF INDONESIA EXPORT BAN - FITCH RATINGS
Fitch Ratings-Shanghai/Singapore-14 February 2022: APAC thermal coal prices are likely to come under pressure in the near term due to seasonally we ...


Tuesday, 15 February 22
IS ANOTHER COAL SHORTAGE CRISIS LOOMING OVER INDIA? - BUSINESS STANDARD
In December last year, the Federation of Indian Mineral Industries (FIMI) shot off a letter to the Prime Minister claiming that the coal crisis was ...


Tuesday, 15 February 22
THERMAL COAL'S RECORD PRICE RUN MAY END UP ITS OWN WORST ENEMY - REUTERS
The price of benchmark Australian thermal coal rose last week to trade near record highs, providing a short-term boost to producers but increasing ...


   4 5 6 7 8   
Showing 26 to 30 news of total 6550
News by Category
Popular News
 
Total Members : 27,851
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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