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, 08 September 11
TRADA MARITIME BUYS GUNUNG BARA UTAMA
Insider Stories reported that, PT Trada Maritime Tbk (TRAM) has purchased convertible bonds issued by PT Awesome Coal from Zakia Limited. The memora ...


Thursday, 08 September 11
PETROSEA ADDS US$730 MIO CONTRACT
Coal mining contractor PT Petrosea Tbk (PTRO), a majority owned subsidiary of energy integrated company PT Indika Energy Tbk (INDY), has secured a U ...


Wednesday, 07 September 11
ANOTHER EXCEPTIONALLY STRONG WEEK FOR THE CAPESIZE MARKET - BRS
The very strong rise in Cape rates pushed through an overall improvement in the BDI this week, although relatively little benefit from the Capes has ...


Wednesday, 07 September 11
SAMPUR POWER AGREEMENT SIGNED - DAILY NEWS
Daily News, Sri Lank's national news paper reported that, the agreement for the setting up of a 500 MW coal-fired power plant at Sampur, Trincomale ...


Tuesday, 06 September 11
INDONESIAS PROPOSED COAL EXPORT BAN MAY HAVE IMPACT ON THE INDIAN POWER SECTOR - DIPESH DIPU
COALspot.com - This is a special interview about Indonesian proposed coal export ban by 2014, with Mr. Dipesh Dipu, Director of Deloitte Touche Tohm ...


   1018 1019 1020 1021 1022   
Showing 5096 to 5100 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 ...

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