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, 07 September 11
INDIA HIT BY INDONESIAS COAL PRICE - TEMPO INTERACTIVE


TEMPO Interactive, an Indonesian online news portal reported that, The Indian government has complained about the price increase of Indonesian coal, saying the hike has affected the operations of its power plants. “Some electricity companies are now having problems due to this,” said India’s Energy Minister K.C. Venugopal, quoted by the Press Trust India, last week.

Although Indian electricity companies own some shares and manage coal mines in Indonesia they cannot get a lower coal price, especially after the Indonesian government set a price margin for coal.

The government’s regulation has been deemed too strict and has forced businessmen to adjust their contracts in line with the rate increase.

The Indian government calculates power plant operations on an annual basis, taking into account the company’s performance, maintenance programs and the company’s contribution to the state electricity supply.

Two Indian electricity companies, Tata Power and Power Reliance, have sent letters to the ministry to mediate the problem between electricity buyers from the Mundra (Gujarat) and Krishnapatnam (Andhra Pradesh) projects with regards to the price increase. Both companies asked the government to allow them to increase the project value.

On a separate occasion, Indonesian Geothermal Association executive-director Supriatna Sahala said the problem began in September last year when a ministerial regulation set the lowest coal price reference.

Before the regulation, Indian companies always bought the coal below the reference price. The price of 4,200 calorie coal, which they bought for US$30 per ton, has increased to US$53 per ton with the new reference price.

As for Indonesian coal businessmen, the policy is advantageous. They are not concerned they will lose business as most coal exported to India is low-calorie.

In terms of volume, coal exports to India are relatively high, reaching 35-36 million tons per year. Japan is also a valuable export market for 6,500-calorie coal from Indonesia.
Source:
Tempo Interactive (By Gustidha Budiartie)



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

Recent News

Thursday, 03 November 11
DRY BULK MARKET OFFICIALLY IN THE RED ON LOWER CARGO DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market kept falling yesterday, on lower iron ore demand, which has caused the industry’s benchmark, the BDI (Baltic Dry Index) to ...


Wednesday, 02 November 11
MMTC TO BUY 3.73 MILLION TONS OF COAL FOR 2011- 2013
COALspot.com - India’s state-owned coal and mineral trader MMTC looking for 3.73 million tons of power plant coal for the period 2011 - 2012/ ...


Wednesday, 02 November 11
PANAMAX MARKET BECAME QUIETER AFTER THE RECENT RECOVERY - BRS
There were substantial losses across the board this week: the BDI lost 6.3% to end at 2,018 and the BCI 8.2% to end 3,274. In the smaller sizes the ...


Tuesday, 01 November 11
BORNEO LUMBUNG BUYS 23.8% INTEREST IN BUMI
COALspot.com - PT. Borneo Lumbung Energi (BORN), an Indonesian coking coal producer announces that it has signed a sale and purchase agreement, cond ...


Tuesday, 01 November 11
BAKRIE FORMS STRATEGIC PARTNERSHIP WITH BORNEO - REDUCING DEBT BY USD 1 BILLION
Press Release - Enhancing the standing of “Indonesia Inc.” at the London Stock Exchange PT Bakrie & Brothers Tbk (“BNBR” ...


   998 999 1000 1001 1002   
Showing 4996 to 5000 news of total 6871
News by Category
Popular News
 
Total Members : 28,622
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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