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
Thursday, 28 February 13
INDIA HAS INCREASED CUSTOMS DUTY AND COUNTERVAILING DUTY FOR POWER PLANT COAL


COALspot.com : The government of India raised basic customs duty and countervailing duty on steam coal. In the meantime government has reduced  custom and countervailing duty on Bituminous coal.

Finance Minister of India in his budget speech today, announced a hike in the basic customs duty on steam coal from present Zero to two percent and CVD from one per cent to two per cent. Steam coal also known as thermal coal or power plant coal is mainly used in power generation.

Recently Indian customs officers defined coal with Volatile Matter over 14 percent and calorific value over 5833 kcal/kg on moisture, mineral matter free (DMMF) basis as "Bituminous Coal".

"Prior to today’s announcement, steam coal is exempt from customs duty but subject to one percent  concessional CVD. In the meantime, Bituminous coal attracts a duty of 5 per cent and CVD of 6 per cent. The government has equalized the duties on both type of coal and levy two per cent customs duty and two per cent CVD.

According to Media reports, India has imported around 30 million tons of bituminous coal last year against around 50 million tons of steam coal.

"Coal from Indonesian origin has special tax treatment In India. Hence importers of Indonesian coal will not affect significantly by above increase," a coal importer from India said.



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

Recent News

Thursday, 11 April 13
TNEB HAS OPENED 4.2 MILLION TONS IMPORTED COAL TENDER
COALspot.com - TANGEDCO, the state run utility TANGEDCO (formerly known as TNEB), Tamil Nadu state owned electricity company has opened bids to purc ...


Wednesday, 10 April 13
US COAL CONSUMPTION TO INCREASE FROM 889 MMST IN 2012 TO 948 MMST IN 2013 AND 957 MMST IN 2014 - EIA
Based on estimates for the first quarter of 2013, American coal production has continued to decline. Total production is down 9.9 million short t ...


Wednesday, 10 April 13
DRY BULK FREIGHT RATES SEEN MOSTLY STABLE IN THE COMING WEEKS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS WORLDWIDE
In its latest report, BIMCO forecast that for the coming six weeks, Capesize time charter average rates will remain subdued around $4,500-8,500 per ...


Monday, 08 April 13
SUB-BIT INDONESIA COAL SWAPS: UPWARD TREND
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average Q2’ 2013 delivery has gained 2.71 percent and CFR South China coal shipment&nbs ...


Sunday, 07 April 13
CHARTER RATES ARE UNDER PRESSURE DUE TO DECLINING DEMAND - VISTAAR
COALspot.com - The freight market continued to fall further with all the indices down. The BDI was down by 5.38 pct closing at 861 points and the ...


   863 864 865 866 867   
Showing 4321 to 4325 news of total 6871
News by Category
Popular News
 
Total Members : 28,694
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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