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

Wednesday, 05 August 09
PEOPLE'S MINING SHOULD BE REGULATED UNDER RPP MINERBA
The Indonesian Institute of Science (LIPI) has called on the government to include a specific provision for people’s mining in the draft govern ...


Tuesday, 04 August 09
SRI LANKA IS LOOKING FOR 650,000 TON OF COAL NEXT YEAR FOR ITS FIRST 900 MW POWER PLANT.
COALspot.com ( Sri Lanka) : Lanka Coal Company Limited was issued a tender on 23 July 2009 to purchase 650,000 +/- 20% MT Bituminous Coal per a ...


Monday, 03 August 09
ONE YEAR CHARTER RATES FOR SUPRAMAX WAS AT AROUND USD 18,500 - VISTAAR SINGAPORE
COALspot.com (Singapore) : The freight market was flat this week with hardly any change in the BDI.The cape was up by about 4 pct and closed at 5,38 ...


Saturday, 01 August 09
APGENCO SAYS BOUGHT 500,000T MALAYSIAN COAL
The Malaysian Insider reported that, Indian state utility Andhra Pradesh Power Generation Corporation Ltd (Apgenco) has bought 500,000 tonnes of Mal ...


Thursday, 30 July 09
KOMIPO OFFERED 3 MILLION MT IN TENDER, TEN TIMES OVERSUBSCRIBED
Korea Midland has received offers for 3 million mt of bituminous steam coal in its latest tender despite the power utility seeking only 300,000 mt, ...


   1307 1308 1309 1310 1311   
Showing 6541 to 6545 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 ...

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