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

Saturday, 23 March 13
WORLD COAL TRADE FIRST PASSES 1 BILLION TONS IN 2012 - VEREIN DER KOHLENIMPORTEURE E.V
Press Release: Hard coal imports to Germany on the previous year's level in spite of regenerative energies. Imports for power plants at an all-time ...


Thursday, 21 March 13
HANDY : RBCT ROUNDS FIXED AT $ 9000 + 300K BB - FEARNRESEARCH
Handy The Atlantic market remains firm with cargoes seen to support healthy rates as per last week. The USG-Feast was at USD 25k and Black Sea-Feas ...


Wednesday, 20 March 13
NTPC TO IMPORT SEVEN MILLION TONS COAL FOR FOUR MONTHS
COALspot.com : NTPC Limited (formerly National Thermal Power Corporation) is the largest Indian state-owned electric utilities company has awarded&n ...


Tuesday, 19 March 13
CHINA GAS PRICE REFORMS AND APAC GAS PRICING - FITCH STREET VIEW
Fitch Ratings says pricing reform in the Chinese gas sector is unlikely to materially impact gas distributors' margins, and low gas prices in the U ...


Tuesday, 19 March 13
NEWCASTLE COAL EXPORTS FALL BY 4.27 PERCENT ON WEEK
COALspot.com - Newcastle port in Australia has loaded 2,365,561 MT of thermal and coking coal for week ended  0700 hours 18 March 2013, Newcast ...


   867 868 869 870 871   
Showing 4341 to 4345 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 ...

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