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

Tuesday, 08 November 11
COAL MINER ABM INVESTAMA PLANS $290M PUBLIC OFFERING - JG
The Jakarta Globe reported that, ABM Investama, an Indonesian coal miner controlled by the Hamami family, plans to raise as much as Rp 2.6 trillion ...


Monday, 07 November 11
CHINA'S COAL IMPORTS STEAM AHEAD
Chinese seaborne coal imports have grown greatly in recent years, up from 39.2mt in 2008 to 167.7mt in 2010, with the result that China became a net ...


Saturday, 05 November 11
DEMAND SLUMP THREATENS MORE PAIN FOR BULK VESSELS - VISTAAR
COALspot.com - The market continued to fall with BDI dropping below 2,000 points by around 10 pct and closing at 1817 points. The cape index also co ...


Saturday, 05 November 11
BERAU STARTS TO EXPLORE BINUNGAN SITE - INSIDER STORIES
Insider Stories reported that, coal miner PT Berau Coal, a 90% owned subsidiary of PT Berau Coal Energy Tbk (BRAU), is busy to hold exploration in B ...


Friday, 04 November 11
INDIAN IRON ORE MARKET REMAINS DEAD - FEARNLEYS
Handy The Atlantic market kept its strong position from last week.  Even with fewer fixtures reported.  Fronthauls still around 25k, wit ...


   997 998 999 1000 1001   
Showing 4991 to 4995 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 ...

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