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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.
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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 ...
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- Karaikal Port Pvt Ltd - India
- Medco Energi Mining Internasional
- Vedanta Resources Plc - India
- Electricity Authority, New Zealand
- Semirara Mining Corp, Philippines
- Coalindo Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Economic Council, Georgia
- Bukit Baiduri Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Indogreen Group - Indonesia
- Jindal Steel & Power Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Mjunction Services Limited - India
- Cement Manufacturers Association - India
- Petrochimia International Co. Ltd.- Taiwan
- Wilmar Investment Holdings
- Kalimantan Lumbung Energi - Indonesia
- International Coal Ventures Pvt Ltd - India
- Anglo American - United Kingdom
- Karbindo Abesyapradhi - Indoneisa
- Directorate Of Revenue Intelligence - India
- Vijayanagar Sugar Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- LBH Netherlands Bv - Netherlands
- 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
- Renaissance Capital - South Africa
- Maharashtra Electricity Regulatory Commission - India
- Latin American Coal - Colombia
- Merrill Lynch Commodities Europe
- Ambuja Cements Ltd - India
- Siam City Cement PLC, Thailand
- Indo Tambangraya Megah - Indonesia
- Therma Luzon, Inc, Philippines
- Parry Sugars Refinery, India
- Baramulti Group, Indonesia
- Ministry of Finance - Indonesia
- 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
- TeaM Sual Corporation - Philippines
- Kideco Jaya Agung - Indonesia
- SMC Global Power, Philippines
- IHS Mccloskey Coal Group - USA
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Marubeni Corporation - India
- Cigading International Bulk Terminal - Indonesia
- Global Coal Blending Company Limited - Australia
- Semirara Mining and Power Corporation, Philippines
- Jaiprakash Power Ventures ltd
- The Treasury - Australian Government
- India Bulls Power Limited - India
- Goldman Sachs - Singapore
- Singapore Mercantile Exchange
- The University of Queensland
- Samtan Co., Ltd - South Korea
- Petron Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Straits Asia Resources Limited - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Rio Tinto Coal - Australia
- Central Electricity Authority - India
- Thai Mozambique Logistica
- South Luzon Thermal Energy Corporation
- Savvy Resources Ltd - HongKong
- Manunggal Multi Energi - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- MS Steel International - UAE
- Maheswari Brothers Coal Limited - India
- Banpu Public Company Limited - Thailand
- Kaltim Prima Coal - Indonesia
- Mintek Dendrill Indonesia
- Metalloyd Limited - United Kingdom
- Bhushan Steel Limited - India
- Trasteel International SA, Italy
- Kobexindo Tractors - Indoneisa
- Xindia Steels Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Aboitiz Power Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
- 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
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indian Oil Corporation Limited
- Bangladesh Power Developement Board
- Oldendorff Carriers - Singapore
- Grasim Industreis Ltd - India
- Barasentosa Lestari - Indonesia
- Indika Energy - Indonesia
- Deloitte Consulting - India
- Tamil Nadu electricity Board
- Krishnapatnam Port Company Ltd. - India
- Sojitz Corporation - Japan
- Coastal Gujarat Power Limited - India
- Sakthi Sugars Limited - India
- SMG Consultants - Indonesia
- Binh Thuan Hamico - Vietnam
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- CIMB Investment Bank - Malaysia
- Bhatia International Limited - India
- Carbofer General Trading SA - India
- Orica Mining Services - Indonesia
- Kartika Selabumi Mining - Indonesia
- Bharathi Cement Corporation - India
- Mercator Lines Limited - India
- Altura Mining Limited, Indonesia
- Dalmia Cement Bharat India
- Larsen & Toubro Limited - India
- Attock Cement Pakistan Limited
- Chettinad Cement Corporation Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Eastern Energy - Thailand
- Independent Power Producers Association of India
- Indonesian Coal Mining Association
- Bukit Asam (Persero) Tbk - Indonesia
- Ind-Barath Power Infra Limited - India
- Sical Logistics Limited - India
- San Jose City I Power Corp, Philippines
- Wood Mackenzie - Singapore
- Kapuas Tunggal Persada - Indonesia
- Edison Trading Spa - Italy
- Toyota Tsusho Corporation, Japan
- Sarangani Energy Corporation, Philippines
- Madhucon Powers Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- White Energy Company Limited
- Makarim & Taira - Indonesia
- Price Waterhouse Coopers - Russia
- Georgia Ports Authority, United States
- Simpson Spence & Young - Indonesia
- CNBM International Corporation - China
- Gujarat Sidhee Cement - India
- Ministry of Mines - Canada
- McConnell Dowell - Australia
- Kumho Petrochemical, South Korea
- New Zealand Coal & Carbon
- Indian Energy Exchange, India
- Posco Energy - South Korea
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Salva Resources Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Planning Commission, India
- Uttam Galva Steels Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- 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
- Sree Jayajothi Cements Limited - India
- Eastern Coal Council - USA
- Antam Resourcindo - Indonesia
- Energy Development Corp, Philippines
- 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
- Power Finance Corporation Ltd., India
- PNOC Exploration Corporation - Philippines
- Energy Link Ltd, New Zealand
- Vizag Seaport Private Limited - India
- Port Waratah Coal Services - Australia
- VISA Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Global Business Power Corporation, Philippines
- Central Java Power - Indonesia
- Timah Investasi Mineral - Indoneisa
- SN Aboitiz Power Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Interocean Group of Companies - India
- PTC India Limited - India
- Coal and Oil Company - UAE
- Gujarat Electricity Regulatory Commission - India
- GVK Power & Infra Limited - India
- Australian Commodity Traders Exchange
- GMR Energy Limited - India
- Lanco Infratech Ltd - India
- Sindya Power Generating Company Private Ltd
- Holcim Trading Pte Ltd - Singapore
- Leighton Contractors Pty Ltd - Australia
- Agrawal Coal Company - India
- Heidelberg Cement - Germany
- 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
- European Bulk Services B.V. - Netherlands
- Parliament of New Zealand
- AsiaOL BioFuels Corp., Philippines
- PetroVietnam Power Coal Import and Supply Company
- Bukit Makmur.PT - Indonesia
- Bhoruka Overseas - Indonesia
- GAC Shipping (India) Pvt Ltd
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