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Sunday, 08 January 23
INDIAN COAL POWER PLANTS SHOULD BE COMPENSATED FOR 2022 FORCED GENERATION – REGULATOR : REUTERS
Indian power plants that rely on imported coal should be fully compensated when forced to supply electricity, the country’s power regulator said on Tuesday, paving the way for companies to recover losses resulting from a government order last year.
In May, India invoked an emergency clause in the Electricity Act to direct plants using imported coal to resume generation to meet high demand. The power stations, with a combined capacity of about 17 gigawatts, had ceased operating due to high coal prices.
Power tariffs for plants using imported coal should cover their costs as well as a “reasonable profit margin,” the Central Electricity Regulatory Commission (CERC) said in an order dated Jan. 3.
The order came after Tata Power Co Ltd TTPW.NSappealed to the CERC against the tariff fixed by the power ministry after the directive last year forced them to keep operating to avert a power crisis in the country.
Other companies, including Adani Power ADAN.NS and JSW Energy JSWE.NS, would now be able to claim compensation for being compelled to supply electricity during that period, an industry official said.
Tata Power said the CERC order would benefit its power plant at Mundra in Gujarat, which burns imported coal. The plant would recover the full cost incurred for supplying power under the emergency direction last year, it said in a statement.
“We are thankful to the CERC for granting all prayers in our favour,” the company said.
The CERC order also said that the tariff that the power ministry had allowed under the emergency provision had been interim and no longer applied.
Source: Reuters
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Friday, 01 December 23
COAL MINERS GROUP EXPECTS INDONESIA’S 2023 COAL OUTPUT TO SURPASS TARGET - REUTERS
The Indonesian Coal Mining Association (ICMA) expects the country’s 2023 coal output to surpass the official target of 695 million metric ton ...
Friday, 24 November 23
COAL IMPORTS TO INDIA IN OCTOBER 2023 REACHED HIGHEST LEVELS IN NEARLY A YEAR AND A HALF - VESSELSVALUE, VESON NAUTICAL
In October, coal imports to India reached 13.8 mt in October 2023, according to Oceanbolt, a Veson Nautical solution, the highest level since May 2 ...
Friday, 24 November 23
COAL SHIPMENTS TO ADVANCED ECONOMIES DOWN 17% SO FAR IN 2023 - BIMCO
In the first ten months of 2023, coal shipments to advanced economies fell by 17% y/y, as demand for electricity declined and the share of electric ...
Friday, 24 November 23
INTELLIGENT COAL MINES CONTRIBUTE TO IMPROVING SAFETY STANDARDS - CHINA DAILY
Mechanization, automation and intelligent upgrades have contributed to improved safety in coal mines, though the level of development of intelligen ...
Friday, 24 November 23
WHY AUSTRALIA'S COAL MINES ARE GETTING BIGGER - IEEFA
Australia’s largest coal mines are getting larger. Mines in New South Wales (NSW) are ramping up production following the state’s recov ...
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- Australian Commodity Traders Exchange
- Semirara Mining and Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Alfred C Toepfer International GmbH - Germany
- Global Business Power Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Petron Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Malabar Cements Ltd - India
- Borneo Indobara - Indonesia
- The Treasury - Australian Government
- Rashtriya Ispat Nigam Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Electricity Authority, New Zealand
- Bayan Resources Tbk. - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Ambuja Cements Ltd - India
- PNOC Exploration Corporation - Philippines
- Kaltim Prima Coal - Indonesia
- Singapore Mercantile Exchange
- Deloitte Consulting - India
- Latin American Coal - Colombia
- Indonesian Coal Mining Association
- Economic Council, Georgia
- IEA Clean Coal Centre - UK
- Samtan Co., Ltd - South Korea
- ASAPP Information Group - India
- Directorate General of MIneral and Coal - Indonesia
- Global Coal Blending Company Limited - Australia
- Salva Resources Pvt Ltd - India
- Makarim & Taira - Indonesia
- Billiton Holdings Pty Ltd - Australia
- PowerSource Philippines DevCo
- Jindal Steel & Power Ltd - India
- Power Finance Corporation Ltd., India
- Indogreen Group - Indonesia
- Edison Trading Spa - Italy
- Ceylon Electricity Board - Sri Lanka
- Intertek Mineral Services - Indonesia
- Bukit Makmur.PT - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Sindya Power Generating Company Private Ltd
- Independent Power Producers Association of India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Antam Resourcindo - Indonesia
- Medco Energi Mining Internasional
- Indo Tambangraya Megah - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- London Commodity Brokers - England
- Offshore Bulk Terminal Pte Ltd, Singapore
- Commonwealth Bank - Australia
- Australian Coal Association
- Central Electricity Authority - India
- Chamber of Mines of South Africa
- AsiaOL BioFuels Corp., Philippines
- Sojitz Corporation - Japan
- Holcim Trading Pte Ltd - Singapore
- Coastal Gujarat Power Limited - India
- Posco Energy - South Korea
- Renaissance Capital - South Africa
- Baramulti Group, Indonesia
- GMR Energy Limited - India
- Tata Chemicals Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Ind-Barath Power Infra Limited - India
- Parliament of New Zealand
- Sakthi Sugars Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Barasentosa Lestari - Indonesia
- Bhushan Steel Limited - India
- Global Green Power PLC Corporation, Philippines
- Videocon Industries ltd - India
- Bharathi Cement Corporation - India
- Romanian Commodities Exchange
- SMC Global Power, Philippines
- Vedanta Resources Plc - India
- Chettinad Cement Corporation Ltd - India
- Manunggal Multi Energi - Indonesia
- Planning Commission, India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GAC Shipping (India) Pvt Ltd
- PetroVietnam Power Coal Import and Supply Company
- Karbindo Abesyapradhi - Indoneisa
- Ministry of Mines - Canada
- Merrill Lynch Commodities Europe
- Gujarat Sidhee Cement - India
- Eastern Coal Council - USA
- Thai Mozambique Logistica
- Krishnapatnam Port Company Ltd. - India
- CIMB Investment Bank - Malaysia
- Metalloyd Limited - United Kingdom
- Siam City Cement PLC, Thailand
- Jaiprakash Power Ventures ltd
- Grasim Industreis Ltd - India
- Coalindo Energy - Indonesia
- Meralco Power Generation, Philippines
- Siam City Cement - Thailand
- Rio Tinto Coal - Australia
- SN Aboitiz Power Inc, Philippines
- New Zealand Coal & Carbon
- South Luzon Thermal Energy Corporation
- Madhucon Powers Ltd - India
- OPG Power Generation Pvt Ltd - India
- Carbofer General Trading SA - India
- Mercator Lines Limited - India
- Timah Investasi Mineral - Indoneisa
- Eastern Energy - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Uttam Galva Steels Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Energy Link Ltd, New Zealand
- European Bulk Services B.V. - Netherlands
- Minerals Council of Australia
- Orica Australia Pty. Ltd.
- Formosa Plastics Group - Taiwan
- Savvy Resources Ltd - HongKong
- Ministry of Transport, Egypt
- SMG Consultants - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Indian Oil Corporation Limited
- VISA Power Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Altura Mining Limited, Indonesia
- Wilmar Investment Holdings
- Meenaskhi Energy Private Limited - India
- Kideco Jaya Agung - Indonesia
- Semirara Mining Corp, Philippines
- Indian Energy Exchange, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- LBH Netherlands Bv - Netherlands
- Bukit Baiduri Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- Toyota Tsusho Corporation, Japan
- Trasteel International SA, Italy
- International Coal Ventures Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Mintek Dendrill Indonesia
- White Energy Company Limited
- Mjunction Services Limited - India
- Price Waterhouse Coopers - Russia
- CNBM International Corporation - China
- Therma Luzon, Inc, Philippines
- Parry Sugars Refinery, India
- Bulk Trading Sa - Switzerland
- Riau Bara Harum - Indonesia
- Larsen & Toubro Limited - India
- Attock Cement Pakistan Limited
- TeaM Sual Corporation - Philippines
- Coal and Oil Company - UAE
- Cement Manufacturers Association - India
- The University of Queensland
- Tamil Nadu electricity Board
- Ministry of Finance - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Anglo American - United Kingdom
- Electricity Generating Authority of Thailand
- Standard Chartered Bank - UAE
- Wood Mackenzie - Singapore
- Vizag Seaport Private Limited - India
- Indika Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Agrawal Coal Company - India
- Kepco SPC Power Corporation, Philippines
- Marubeni Corporation - India
- Aboitiz Power Corporation - Philippines
- Port Waratah Coal Services - Australia
- Mercuria Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Bhatia International Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Karaikal Port Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Simpson Spence & Young - Indonesia
- Binh Thuan Hamico - Vietnam
- Goldman Sachs - Singapore
- Directorate Of Revenue Intelligence - India
- Star Paper Mills Limited - India
- Sical Logistics Limited - India
- Gujarat Electricity Regulatory Commission - India
- Banpu Public Company Limited - Thailand
- IHS Mccloskey Coal Group - USA
- MS Steel International - UAE
- Georgia Ports Authority, United States
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Orica Mining Services - Indonesia
- Kobexindo Tractors - Indoneisa
- Africa Commodities Group - South Africa
- Maheswari Brothers Coal Limited - India
- Dalmia Cement Bharat India
- PTC India Limited - India
- Aditya Birla Group - India
- Lanco Infratech Ltd - India
- Pendopo Energi Batubara - Indonesia
- Heidelberg Cement - Germany
- McConnell Dowell - Australia
- ICICI Bank Limited - India
- Straits Asia Resources Limited - Singapore
- Bhoruka Overseas - Indonesia
- India Bulls Power Limited - India
- San Jose City I Power Corp, Philippines
- Iligan Light & Power Inc, Philippines
- Xindia Steels Limited - India
- Oldendorff Carriers - Singapore
- Central Java Power - Indonesia
- GVK Power & Infra Limited - India
- Kumho Petrochemical, South Korea
- Bahari Cakrawala Sebuku - Indonesia
- Interocean Group of Companies - India
- Thiess Contractors Indonesia
- Globalindo Alam Lestari - Indonesia
- Bangladesh Power Developement Board
- Sarangani Energy Corporation, Philippines
- Energy Development Corp, Philippines
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