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

Saturday, 05 September 09
SHANXI AIMS TO MAINTAIN 2009 COAL OUTPUT AT LAST YEAR'S LEVEL
Interfax-China reported that, Shanxi Province, the country's second-largest  coal producing region, is aiming to keep its annual coal output a ...


Saturday, 05 September 09
INDIA BUYING INTO AUSTRALIA'S COAL - INTERVIEW
India is in line to buy vast amounts of Australian coal. An Indian cabinet minister is on a special mission to Australia to help satisfy India's ur ...


Saturday, 05 September 09
52 COMPANIES SUBMIT EOIS TO COAL INDIA
The Hindu, India's largest English news paper reported that, International mining majors from the U.S., South Africa, Australia and Indonesia are a ...


Friday, 04 September 09
INDONESIA PAITON ENERGY BUYS COAL FROM ADARO, KIDECO
PT Paiton Energy, an Indonesian independent power producer, has agreed to buy 3 million tonnes of coal from PT Adaro Energy Tbk (ADRO.JK) and PT Kid ...


Thursday, 03 September 09
ICVL IN TALKS FOR COAL BLOCKS IN INDONESIA
These acquisitions will help ICVL meet an internal target of importing at least 5 million tonnes (mt) of coking coal by 2012-13 LiveMint reported ...


   1289 1290 1291 1292 1293   
Showing 6451 to 6455 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 ...

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