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, 08 August 09
TWO / THREE YEAR CHARTER RATES FOR SUPRAMAX IS AROUND US$ 15,000-16,000 PER DAY - CAPT. REDDY
COALspot.com (Singapore): The dry bulk market tumbled this week and the BDI dropped by almost 17% and closed at 2,772 points. The cape and panam ...


Saturday, 08 August 09
SULTAN MINING SIGNS P8-BILLION, 10-YEAR COAL-SUPPLY CONTRACT WITH KEPCO POWER CORP.
COAL developer Sultan Mining and Energy Development Corp. (SMEDC) reported on Thursday that its subsidiary MG Mining and Energy Corp. signed an P8-b ...


Friday, 07 August 09
NEED TO HIKE DOMESTIC PRICES - COAL INDIA
WSJ reported that, The chairman of Coal India Ltd., the country's biggest coal producer, Friday said there was a need to hike domestic coal prices ...


Friday, 07 August 09
INDONESIA COAL NEWS UPDATES
PTBA to Produce 13 Million Tons President Director of Tambang Batubara Bukit Asam (PTBA), Sukrisno has estimated coal production of the company th ...


Friday, 07 August 09
BALTIC DRY INDEX HAS WORST WEEK SINCE OCTOBER AS DEMAND SLOWS
Bloomberg reported that, The Baltic Dry Index, a measure of shipping costs for commodities, had its worst week since October as Chinese demand for s ...


   1304 1305 1306 1307 1308   
Showing 6526 to 6530 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 ...

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