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Friday, 16 October 09
COAL INDIA RAISES PRICE BY 11%
Trak reported that, State-owned Coal India Ltd (CIL) has raised the price of coal produced by its subsidiaries by an average of 11 percent effective from Oct 16, the company said here Thursday.
‘Such increase is being effected after a gap of almost two years. The last price revision took place on December 13, 2007,’ Coal India said in a statement.
The basic price of ROM (run-of-mine) coal for Eastern Coalfields and Bharat Coking Coal has increased by 15 percent whereas the coal produced by all other subsidiary companies will be dearer by 10 percent, it said.
The other subsidiaries of CIL are Mahanadi Coalfields, Western Coalfields, South Eastern Coalfields, Northern Coalfields, Central Coalfields and North Eastern Coalfields.
‘Further, Eastern Coalfields is authorised to set a special price for its high quality A and B grades of Raniganj coal, available in limited quantity, at a level commensurate with price of imported coal,’ the company added.
Coal India said there had been ’substantial increase’ in the cost of inputs since last price revision.
‘After the deregulation of coal price, during the last nine years the coal price in fact has effectively declined by 1.1 percent per annum, in real terms, after absorbing for inflation.’
Source: Trak
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Wednesday, 30 September 09
COKING COAL PRICES MAY TOUCH $200/TN IN 2010-11
Business Standard reported that, Driven by surge in imports of coking coal by China, growth in Japanese steel output and signs of recovery in the In ...
Wednesday, 30 September 09
PURNOMO BIDS 'GOODBYE' TO ENERGY MINISTRY
The Jakarta globe reported that, In what could be construed as a resignation speech from a government official — but perhaps wasn’t &mda ...
Tuesday, 29 September 09
MINING AND ENERGY DAY 2009
The Minister of Energy and Mineral Resources, Purnomo Yusgiantoro led the ceremony marking 2009 Mining and Energy Day celebrations, held at the Depa ...
Tuesday, 29 September 09
BUKIT ASAM REDUCES ITS SALES TARGET
Tempo Interactive reported that, PT Tambang Batubara Bukit Asam Tbk has decided to reduce its sales target this year from 14.5 million tons of coal ...
Monday, 28 September 09
INDONESIA UNLIKELY TO PASS NEW MINING RULES IN 2009
Reuters reported that, Indonesia is unlikely to complete final regulations attached to a new mining and coal law this year, an official said on Mond ...
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- Maharashtra Electricity Regulatory Commission - India
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- Petron Corporation, Philippines
- Energy Link Ltd, New Zealand
- India Bulls Power Limited - India
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- Miang Besar Coal Terminal - Indonesia
- VISA Power Limited - India
- SN Aboitiz Power Inc, Philippines
- Chamber of Mines of South Africa
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- IHS Mccloskey Coal Group - USA
- Wood Mackenzie - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Meenaskhi Energy Private Limited - India
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- Deloitte Consulting - India
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- Edison Trading Spa - Italy
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- Essar Steel Hazira Ltd - India
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- Dalmia Cement Bharat India
- Price Waterhouse Coopers - Russia
- LBH Netherlands Bv - Netherlands
- Latin American Coal - Colombia
- Formosa Plastics Group - Taiwan
- New Zealand Coal & Carbon
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- TNB Fuel Sdn Bhd - Malaysia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- San Jose City I Power Corp, Philippines
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- Ministry of Mines - Canada
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- Anglo American - United Kingdom
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- Jindal Steel & Power Ltd - India
- Renaissance Capital - South Africa
- Indo Tambangraya Megah - Indonesia
- Australian Commodity Traders Exchange
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- Maheswari Brothers Coal Limited - India
- Bhoruka Overseas - Indonesia
- European Bulk Services B.V. - Netherlands
- Medco Energi Mining Internasional
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- Bukit Makmur.PT - Indonesia
- London Commodity Brokers - England
- Africa Commodities Group - South Africa
- Ministry of Finance - Indonesia
- Global Coal Blending Company Limited - Australia
- Independent Power Producers Association of India
- Minerals Council of Australia
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- Chettinad Cement Corporation Ltd - India
- Romanian Commodities Exchange
- Kapuas Tunggal Persada - Indonesia
- PNOC Exploration Corporation - Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Eastern Energy - Thailand
- Parry Sugars Refinery, India
- CIMB Investment Bank - Malaysia
- Binh Thuan Hamico - Vietnam
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- Coalindo Energy - Indonesia
- Thiess Contractors Indonesia
- CNBM International Corporation - China
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- Pipit Mutiara Jaya. PT, Indonesia
- Global Business Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
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- Timah Investasi Mineral - Indoneisa
- Makarim & Taira - Indonesia
- Xindia Steels Limited - India
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- Sree Jayajothi Cements Limited - India
- Thai Mozambique Logistica
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- Indian Oil Corporation Limited
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Metalloyd Limited - United Kingdom
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- Ambuja Cements Ltd - India
- Videocon Industries ltd - India
- Samtan Co., Ltd - South Korea
- Leighton Contractors Pty Ltd - Australia
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- The State Trading Corporation of India Ltd
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- Commonwealth Bank - Australia
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- Antam Resourcindo - Indonesia
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- Directorate Of Revenue Intelligence - India
- Baramulti Group, Indonesia
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- Kepco SPC Power Corporation, Philippines
- Marubeni Corporation - India
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- Georgia Ports Authority, United States
- Ministry of Transport, Egypt
- Indonesian Coal Mining Association
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- Electricity Authority, New Zealand
- Larsen & Toubro Limited - India
- Trasteel International SA, Italy
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- Economic Council, Georgia
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- Singapore Mercantile Exchange
- Parliament of New Zealand
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- Bulk Trading Sa - Switzerland
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