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Friday, 06 January 12
COAL INDIA LINKED COAL PRICES WITH INTERNATIONAL COAL PRICES
COALspot.com - Consumers of indigenous coal in India to pay International prices in the future. Coal India has recently moved from UHV pricing mechanism to GCV based mechanism to standardize its coal quality as well as prices. Starting from January 1, 2012, Coal India’s coal being sold based on GCV to its customers and also adjusted its coal prices based on current international coal prices, but extended discounts to its customers.
“Coal India recently linked its prices with international rates, and the company will now fix its prices after adjusting for exchange-rate fluctuations and the discounts it offers to local consumers,” Mr. Jha said, as quoted by WSJ. According to an another media, Coal India will review the impact of linking its coal prices with international prices on its sales realization in the next three months.
Reports also say, according to the chairman of coal India, the new pricing mechanism will not lead to any steep rise in coal prices.
However, market players in the opinion that, the shift to a pricing structure based on the gross calorific value of coal, from the useful heat value, could mean an increase of around 10% in weighted average prices for Coal India’s customers, an another media quoted.
If landed price of Indigenous coal and import coal are become a same level in the future, then end-users and buyers will prefer to import coal due to easy availability, flexible supply terms and quality consistence, said an Indian coal importer, requesting anonymity.
The coal India’s move to adjust it coal price and pricing mechanism to international level and standard is a good move on the long run. Nevertheless, it may affect immediately to industry as the industry was not ready to adjust their sourcing plan.
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Thursday, 01 March 12
BUKIT ASAM TARGETS EUROPEAN INVESTORS
COALspot.com - PT. Bukit Asam (persero) Tbk, Indonesian state owned coal miner is planning to conduct road show in Europe next week to target at Eur ...
Thursday, 01 March 12
INDO-INDIA, LARGE ECO SUPRA CAN FETCH CLOSE TO USD 9K DOP N.CHINA - FEARNLEYS AS
Handy
The Atlantic Handysize market did not see any signs for recovery this week. It is still a major lack of spot cargoes and an oversupply of pro ...
Wednesday, 29 February 12
69 MINERS AGREE TO RENEGOTIATE CONTRACTS - THE JAKARTA POST
The Jakarta Post, one of the leading English news papaer in Indonesia reported that, as many as 60 coal contracts-of-work (PKP2B) and nine non-coal ...
Wednesday, 29 February 12
PUTTING COAL GASIFICATION TO WORK
Clifford Reese of the SSOE Group looks at practical solutions for district energy leaders who wish to implement clean coal technology.
Coal fuels ...
Monday, 27 February 12
COAL MINING PROFITS TOO HIGH, SAYS GOVT - TEMPO INTERACTIVE
Tempo Interactive reported that, Energy and Mineral Resources Deputy Minister of Indonesia Widjajono Partowidagdo has criticized coal-mining compani ...
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- Chamber of Mines of South Africa
- Eastern Energy - Thailand
- Anglo American - United Kingdom
- Intertek Mineral Services - Indonesia
- Bhatia International Limited - India
- Edison Trading Spa - Italy
- Maharashtra Electricity Regulatory Commission - India
- Holcim Trading Pte Ltd - Singapore
- The State Trading Corporation of India Ltd
- Coal and Oil Company - UAE
- Indogreen Group - Indonesia
- Ministry of Transport, Egypt
- Kartika Selabumi Mining - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Kideco Jaya Agung - Indonesia
- Grasim Industreis Ltd - India
- Price Waterhouse Coopers - Russia
- Tamil Nadu electricity Board
- Orica Mining Services - Indonesia
- Riau Bara Harum - Indonesia
- Aditya Birla Group - India
- TeaM Sual Corporation - Philippines
- Rio Tinto Coal - Australia
- San Jose City I Power Corp, Philippines
- Madhucon Powers Ltd - India
- Semirara Mining Corp, Philippines
- Baramulti Group, Indonesia
- Makarim & Taira - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Indika Energy - Indonesia
- Bharathi Cement Corporation - India
- European Bulk Services B.V. - Netherlands
- Karbindo Abesyapradhi - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- Jorong Barutama Greston.PT - Indonesia
- Toyota Tsusho Corporation, Japan
- Africa Commodities Group - South Africa
- International Coal Ventures Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Metalloyd Limited - United Kingdom
- Kohat Cement Company Ltd. - Pakistan
- Therma Luzon, Inc, Philippines
- Simpson Spence & Young - Indonesia
- Samtan Co., Ltd - South Korea
- Bukit Makmur.PT - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Bangladesh Power Developement Board
- GVK Power & Infra Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- ASAPP Information Group - India
- Indian Oil Corporation Limited
- AsiaOL BioFuels Corp., Philippines
- Merrill Lynch Commodities Europe
- Coastal Gujarat Power Limited - India
- Georgia Ports Authority, United States
- Energy Development Corp, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Ministry of Mines - Canada
- Power Finance Corporation Ltd., India
- Neyveli Lignite Corporation Ltd, - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- India Bulls Power Limited - India
- Sojitz Corporation - Japan
- Gujarat Sidhee Cement - India
- Manunggal Multi Energi - Indonesia
- Antam Resourcindo - Indonesia
- Indonesian Coal Mining Association
- Essar Steel Hazira Ltd - India
- Siam City Cement PLC, Thailand
- Asmin Koalindo Tuhup - Indonesia
- Coalindo Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Chettinad Cement Corporation Ltd - India
- Globalindo Alam Lestari - Indonesia
- Ind-Barath Power Infra Limited - India
- Dalmia Cement Bharat India
- Larsen & Toubro Limited - India
- Cigading International Bulk Terminal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Jaiprakash Power Ventures ltd
- Oldendorff Carriers - Singapore
- White Energy Company Limited
- Singapore Mercantile Exchange
- Salva Resources Pvt Ltd - India
- PTC India Limited - India
- Global Coal Blending Company Limited - Australia
- Parliament of New Zealand
- Heidelberg Cement - Germany
- Leighton Contractors Pty Ltd - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Thai Mozambique Logistica
- Banpu Public Company Limited - Thailand
- Kapuas Tunggal Persada - Indonesia
- Star Paper Mills Limited - India
- Cement Manufacturers Association - India
- PNOC Exploration Corporation - Philippines
- Posco Energy - South Korea
- SMC Global Power, Philippines
- IHS Mccloskey Coal Group - USA
- Global Business Power Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- London Commodity Brokers - England
- Standard Chartered Bank - UAE
- Uttam Galva Steels Limited - India
- Vizag Seaport Private Limited - India
- Central Java Power - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- LBH Netherlands Bv - Netherlands
- Vedanta Resources Plc - India
- Agrawal Coal Company - India
- Goldman Sachs - Singapore
- VISA Power Limited - India
- Mercator Lines Limited - India
- Medco Energi Mining Internasional
- Australian Coal Association
- Attock Cement Pakistan Limited
- Economic Council, Georgia
- Semirara Mining and Power Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Sakthi Sugars Limited - India
- Formosa Plastics Group - Taiwan
- Borneo Indobara - Indonesia
- Tata Chemicals Ltd - India
- Binh Thuan Hamico - Vietnam
- Petron Corporation, Philippines
- Electricity Generating Authority of Thailand
- Meralco Power Generation, Philippines
- Timah Investasi Mineral - Indoneisa
- Mjunction Services Limited - India
- Barasentosa Lestari - Indonesia
- Sindya Power Generating Company Private Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Australian Commodity Traders Exchange
- IEA Clean Coal Centre - UK
- Straits Asia Resources Limited - Singapore
- Interocean Group of Companies - India
- Sical Logistics Limited - India
- SN Aboitiz Power Inc, Philippines
- New Zealand Coal & Carbon
- CIMB Investment Bank - Malaysia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Rashtriya Ispat Nigam Limited - India
- Commonwealth Bank - Australia
- Marubeni Corporation - India
- Port Waratah Coal Services - Australia
- Directorate Of Revenue Intelligence - India
- Kaltim Prima Coal - Indonesia
- Mintek Dendrill Indonesia
- Energy Link Ltd, New Zealand
- Bhushan Steel Limited - India
- Xindia Steels Limited - India
- Eastern Coal Council - USA
- Lanco Infratech Ltd - India
- The University of Queensland
- Ceylon Electricity Board - Sri Lanka
- Latin American Coal - Colombia
- Independent Power Producers Association of India
- Bayan Resources Tbk. - Indonesia
- Kumho Petrochemical, South Korea
- Electricity Authority, New Zealand
- The Treasury - Australian Government
- Bhoruka Overseas - Indonesia
- Renaissance Capital - South Africa
- Indo Tambangraya Megah - Indonesia
- Carbofer General Trading SA - India
- OPG Power Generation Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- McConnell Dowell - Australia
- Gujarat Electricity Regulatory Commission - India
- Parry Sugars Refinery, India
- Sarangani Energy Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Planning Commission, India
- GN Power Mariveles Coal Plant, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Maheswari Brothers Coal Limited - India
- ICICI Bank Limited - India
- Karaikal Port Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Bulk Trading Sa - Switzerland
- Kobexindo Tractors - Indoneisa
- Wilmar Investment Holdings
- MS Steel International - UAE
- GMR Energy Limited - India
- Ambuja Cements Ltd - India
- Central Electricity Authority - India
- Bukit Asam (Persero) Tbk - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- PowerSource Philippines DevCo
- Trasteel International SA, Italy
- Orica Australia Pty. Ltd.
- CNBM International Corporation - China
- Ministry of Finance - Indonesia
- Mercuria Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- Siam City Cement - Thailand
- Thiess Contractors Indonesia
- SMG Consultants - Indonesia
- Indian Energy Exchange, India
- Jindal Steel & Power Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Meenaskhi Energy Private Limited - India
- Wood Mackenzie - Singapore
- Videocon Industries ltd - India
- Altura Mining Limited, Indonesia
- Deloitte Consulting - India
- South Luzon Thermal Energy Corporation
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Pendopo Energi Batubara - Indonesia
- Malabar Cements Ltd - India
- Aboitiz Power Corporation - Philippines
- Romanian Commodities Exchange
- Minerals Council of Australia
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