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

Wednesday, 21 September 11
2ND ANNUAL SHALE GAS SUMMIT
2nd Annual Shale Gas Summit   31 October – 3 November 2011   JW Marriott Hotel, Hong Kong According to a recent EI ...


Tuesday, 20 September 11
MTD INAUGURATES ITS COAL TERMINAL IN JAVA ISLAND
Press Release – MTD Group of Malaysia, one of prominent key players in the development of infrastructure in Malaysia, today inaugurated their ...


Tuesday, 20 September 11
DRY BULK MARKET LOSING ITS EDGE, RETREATING AT THE START OF THE WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
After a surge during the past couple of weeks, which saw Capesize earnings boosted and the BDI (Baltic Dry Index) reaching levels of year high and c ...


Monday, 19 September 11
CHINA IMPORTS MORE THAN 10 MMT INDO COAL IN AUGUST 2011
COALspot.com - Indonesian coal exports dropped 1.642 million tons in August compared to July exports. Indonesia exports 29.662 million tons of coal ...


Monday, 19 September 11
INDOMOBIL ENTERING INTO COAL MINING BUSINESS
COALspot.Com- PT Indomobil Sukses Internasional Tbk, part of, one of Indonesia's largest  conglomerates, to enter into mining industry ac ...


   1013 1014 1015 1016 1017   
Showing 5071 to 5075 news of total 6871
News by Category
Popular News
 
Total Members : 28,621
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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