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
Monday, 10 August 09
NOMINAL HIKE IN COAL PRICES SOON - MEDIA


The hindu business reported that, a marginal hike in coal prices is in the offing. "I will be soon approaching the Prime Minister on the matter,'' Coal Minister, Mr Sriprakash Jaiswal told PTI.

Mr Jaiswal's statement came after Coal India said its multi-billion dollars worth of projects could become unviable if prices were not hiked.

The PSU is seeking a nominal increase in prices of its products, which were marginally revised last in 2007. "Our prices starting at about $16 a tonne are over 50 per cent cheaper than the prevailing global rates. We are seeking a marginal increase as w e do not wish to lose the tag of provider of cheap coal to end users,'' Coal India Chairman, Mr Partha S Bhattacharyya said.

CIL is undertaking projects entailing huge investment and ."a nominal hike in coal prices would make such projects viable,'' he said. Also, the Rs 4,000 crore coal-wage pact between CIL and its workers is a factor behind the demand for a price hike.

Mr Bhattacharya said Coal India had reported a sharp drop in retained earnings because of the wage-built annual impact. A profit of Rs 300 crore on a turnover of Rs 45,000 crore was low.

Retained earnings are that percentage of net earnings of a company that is not paid out as dividends but is retained by the company to be reinvested for the growth of the business. CIL had a pre-tax profit of Rs 8,700 crore  in the last fiscal. - PTI
Source: The Hindu Busienss



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

Recent News

Tuesday, 08 September 09
INDIA MAY HAVE A JOINT WORKING GROUP FOR COAL WITH INDONESIA: SRIPRAKASH JAISWAL - PRESS RELEASE
Press Information Bureau of India reported in its web site that, The Coal Ministry has, in principle, agreed to set up a Joint Working Group for coa ...


Tuesday, 08 September 09
INDONESIA OFFERS AN OPPORTUNITY TO INDIANS
Meri News reported that, Indonesia is all set to launch the country's second 10,000 MW accelerated power expansion programme. The new power develop ...


Tuesday, 08 September 09
BUKIT ASAM AIMS 14 MLN TONS COAL PRODUCTION
VIVA News reported that, The rise in coal production is mainly triggered by the step-up in domestic demand. Coal mining company PT Tambang Batuba ...


Tuesday, 08 September 09
MERCHANT BANKERS ADVISE CIL ON INDONESIAN MINE BUYS
Business Standard reported that, State-owned Coal India Ltd (CIL) is being advised by four to five merchant bankers on acquisition of coal assets in ...


Tuesday, 08 September 09
THE 3RD ASIA PACIFIC COAL TRADING & INVESTMENT OUTLOOK 2009 - PRESS RELEASE
The 3rd Asia Pacific Coal Trading & Investment Outlook 2009 Analysis of Asia Coal Market amid Global Financial Crisis  COALspot.com(Chin ...


   1287 1288 1289 1290 1291   
Showing 6441 to 6445 news of total 6871
News by Category
Popular News
 
Total Members : 28,706
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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