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, 18 August 09
BANPU TO FOCUS ON CORE BUSINESS
Banpu, the country's leading energy firm, expects to conclude its four-year strategic plan next month, resulting in a strengthening of its core bus ...


Monday, 17 August 09
COAL EXPORTS CONTINUE DESPITE SHORTAGE
Vietnam News reported that, Viet Nam is exporting more coal despite a warning from experts that the country could face a shortage of this fossil fue ...


Monday, 17 August 09
S.KOREA JULY COAL IMPORTS UP TO 8.97 MLN T
* Imports of heating coal in July up 3.7 percent on year * LNG imports in July fall for seventh straight month Alibaba reorted that, South Kore ...


Monday, 17 August 09
COAL INDIA PLANS A PRICE HIKE OF 11%
With the state-run CIL mining 84% of the coal produced in the country, an 11% increase will push up inflation by around 0.16%, the company said L ...


Monday, 17 August 09
BANPU SEES INDONESIAN MINE OUTPUT UP 10 PCT IN 2010
Reuters reported that, Thailand's top coal miner, Banpu, said on Monday it expected coal output from its Indonesian mines to rise 10 percent to abo ...


   1298 1299 1300 1301 1302   
Showing 6496 to 6500 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 ...

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