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

Thursday, 13 August 09
JAYPEE GROUP. L&T INK RS 4,000-CRORE (US$ 824,818,084) DEAL
Second order bagged by L&T in the supercritical segment. Jaiprakash Power Ventures Ltd (JPVL), promoted by the $7-billion Jaypee group, has s ...


Wednesday, 12 August 09
COAL INDIA TO IMPORT 4 MLN T 2009/10 - MEDIA
State-run Coal India Ltd plans to directly import 4 million tonnes of coal in the current fiscal year to March 2010, Chairman Partha Bhattacharyya s ...


Wednesday, 12 August 09
CHINA'S LARGEST COAL PRODUCER TO SET UP COAL RESERVES
China's National Development and Reform Commission has commissioned China Shenhua Energy Co., the nation's largest coal producer, to build 10 stor ...


Wednesday, 12 August 09
NALCO SMELTER CONSTRUCTION MAY FACE DELAY
The Jakarta Post reported that, India’s state-run National Aluminum Company (Nalco) may postpone the construction of an aluminum smelter in In ...


Wednesday, 12 August 09
COAL MINE PLAN SHOT DOWN OVER GREEN CONCERNS
The Times of India reported that, In a major setback to Adani Powers, the principal chief conservator of forests (PCCF) has rejected its proposal fo ...


   1301 1302 1303 1304 1305   
Showing 6511 to 6515 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 ...

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