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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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Saturday, 25 March 23
COAL INDIA HAS STRONG CASE TO INCREASE PRICES, TALKS ON: CMD AGRAWAL - BUSINESS STANDARD
Coal India (CIL) Chairman and Managing Director Pramod Agrawal said on Monday there is a “strong case” for increasing coal prices, and ...
Saturday, 25 March 23
ASIAN CRUDE PALM OIL WATCH 1Q23 - FITCH RATINGS
Malaysian benchmark crude palm oil (CPO) spot prices have averaged around USD915 per tonne (t) so far in 1Q23, sharply lower than the average of ar ...
Saturday, 25 March 23
INDONESIA’S COAL EXPORT INCREASED BY 21.0% YOY TO 388.4 MLN T IN 2022 - BANCHERO COSTA
After a slow start in the first quarter, global coal trade has really picked up pace last year, and is now fully back to pre-Covid levels. In the f ...
Saturday, 25 March 23
GLOBAL LNG-ASIA SPOT PRICES SLIP AS WEAK NORTHERN DEMAND REMAINS - REUTERS
Asian spot prices of liquefied natural gas (LNG) declined this week, falling to a 21-month low, as weak demand in the northeast Asia region continu ...
Wednesday, 22 March 23
OIL PRICE FALL SPECULATIVE, TO HIT $140 BY YEAR-END -ANDURAND: REUTERS
The recent fall in oil prices due to banking jitters is speculative and oil will hit $140 a barrel by the end of the year, hedge fund manager Pierr ...
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- Minerals Council of Australia
- Global Green Power PLC Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Wood Mackenzie - Singapore
- GMR Energy Limited - India
- Larsen & Toubro Limited - India
- Indo Tambangraya Megah - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Merrill Lynch Commodities Europe
- TNB Fuel Sdn Bhd - Malaysia
- Central Electricity Authority - India
- Bhushan Steel Limited - India
- Port Waratah Coal Services - Australia
- Semirara Mining and Power Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Attock Cement Pakistan Limited
- Straits Asia Resources Limited - Singapore
- Rashtriya Ispat Nigam Limited - India
- Electricity Authority, New Zealand
- Energy Link Ltd, New Zealand
- Agrawal Coal Company - India
- Jindal Steel & Power Ltd - India
- White Energy Company Limited
- Holcim Trading Pte Ltd - Singapore
- Wilmar Investment Holdings
- Ministry of Finance - Indonesia
- Sakthi Sugars Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Miang Besar Coal Terminal - Indonesia
- Mjunction Services Limited - India
- The University of Queensland
- Videocon Industries ltd - India
- Toyota Tsusho Corporation, Japan
- Mercator Lines Limited - India
- Intertek Mineral Services - Indonesia
- Ministry of Mines - Canada
- Lanco Infratech Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Bhatia International Limited - India
- Medco Energi Mining Internasional
- San Jose City I Power Corp, Philippines
- Bukit Makmur.PT - Indonesia
- Energy Development Corp, Philippines
- Eastern Coal Council - USA
- Kapuas Tunggal Persada - Indonesia
- Samtan Co., Ltd - South Korea
- Kepco SPC Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Eastern Energy - Thailand
- Ministry of Transport, Egypt
- Indian Energy Exchange, India
- Xindia Steels Limited - India
- Karaikal Port Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- VISA Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Anglo American - United Kingdom
- MS Steel International - UAE
- Siam City Cement PLC, Thailand
- Altura Mining Limited, Indonesia
- Kartika Selabumi Mining - Indonesia
- Sical Logistics Limited - India
- Coal and Oil Company - UAE
- Bukit Baiduri Energy - Indonesia
- PowerSource Philippines DevCo
- Mintek Dendrill Indonesia
- Alfred C Toepfer International GmbH - Germany
- Indogreen Group - Indonesia
- Mercuria Energy - Indonesia
- Star Paper Mills Limited - India
- Ambuja Cements Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Maharashtra Electricity Regulatory Commission - India
- OPG Power Generation Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Meralco Power Generation, Philippines
- Directorate Of Revenue Intelligence - India
- Cigading International Bulk Terminal - Indonesia
- Australian Commodity Traders Exchange
- Asmin Koalindo Tuhup - Indonesia
- Gujarat Sidhee Cement - India
- Parry Sugars Refinery, India
- Sindya Power Generating Company Private Ltd
- Price Waterhouse Coopers - Russia
- Parliament of New Zealand
- SN Aboitiz Power Inc, Philippines
- Riau Bara Harum - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sojitz Corporation - Japan
- Deloitte Consulting - India
- Chettinad Cement Corporation Ltd - India
- Independent Power Producers Association of India
- Billiton Holdings Pty Ltd - Australia
- GAC Shipping (India) Pvt Ltd
- Carbofer General Trading SA - India
- CIMB Investment Bank - Malaysia
- LBH Netherlands Bv - Netherlands
- Thiess Contractors Indonesia
- Banpu Public Company Limited - Thailand
- Timah Investasi Mineral - Indoneisa
- ASAPP Information Group - India
- Aboitiz Power Corporation - Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coalindo Energy - Indonesia
- Siam City Cement - Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Posco Energy - South Korea
- The Treasury - Australian Government
- Petrochimia International Co. Ltd.- Taiwan
- Standard Chartered Bank - UAE
- Electricity Generating Authority of Thailand
- TeaM Sual Corporation - Philippines
- Edison Trading Spa - Italy
- Sree Jayajothi Cements Limited - India
- Ind-Barath Power Infra Limited - India
- McConnell Dowell - Australia
- Bhoruka Overseas - Indonesia
- Aditya Birla Group - India
- Petron Corporation, Philippines
- Orica Mining Services - Indonesia
- Vedanta Resources Plc - India
- Salva Resources Pvt Ltd - India
- Georgia Ports Authority, United States
- Planning Commission, India
- Chamber of Mines of South Africa
- Directorate General of MIneral and Coal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Sinarmas Energy and Mining - Indonesia
- Maheswari Brothers Coal Limited - India
- International Coal Ventures Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Kobexindo Tractors - Indoneisa
- PNOC Exploration Corporation - Philippines
- Karbindo Abesyapradhi - Indoneisa
- Baramulti Group, Indonesia
- IEA Clean Coal Centre - UK
- Australian Coal Association
- Central Java Power - Indonesia
- Dalmia Cement Bharat India
- Pendopo Energi Batubara - Indonesia
- Singapore Mercantile Exchange
- Bangladesh Power Developement Board
- Rio Tinto Coal - Australia
- Interocean Group of Companies - India
- Manunggal Multi Energi - Indonesia
- Binh Thuan Hamico - Vietnam
- Makarim & Taira - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Semirara Mining Corp, Philippines
- Jaiprakash Power Ventures ltd
- Heidelberg Cement - Germany
- Global Coal Blending Company Limited - Australia
- Indika Energy - Indonesia
- Africa Commodities Group - South Africa
- Sarangani Energy Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- ICICI Bank Limited - India
- Economic Council, Georgia
- Globalindo Alam Lestari - Indonesia
- Romanian Commodities Exchange
- Vizag Seaport Private Limited - India
- Therma Luzon, Inc, Philippines
- Indonesian Coal Mining Association
- Vijayanagar Sugar Pvt Ltd - India
- Renaissance Capital - South Africa
- Malabar Cements Ltd - India
- Borneo Indobara - Indonesia
- CNBM International Corporation - China
- PTC India Limited - India
- Antam Resourcindo - Indonesia
- SMC Global Power, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- New Zealand Coal & Carbon
- AsiaOL BioFuels Corp., Philippines
- Tamil Nadu electricity Board
- Jorong Barutama Greston.PT - Indonesia
- London Commodity Brokers - England
- Savvy Resources Ltd - HongKong
- Tata Chemicals Ltd - India
- European Bulk Services B.V. - Netherlands
- Bayan Resources Tbk. - Indonesia
- Kumho Petrochemical, South Korea
- Goldman Sachs - Singapore
- SMG Consultants - Indonesia
- Bharathi Cement Corporation - India
- Marubeni Corporation - India
- Barasentosa Lestari - Indonesia
- India Bulls Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Coastal Gujarat Power Limited - India
- Uttam Galva Steels Limited - India
- Meenaskhi Energy Private Limited - India
- Cement Manufacturers Association - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Madhucon Powers Ltd - India
- Thai Mozambique Logistica
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Oldendorff Carriers - Singapore
- Essar Steel Hazira Ltd - India
- GVK Power & Infra Limited - India
- Grasim Industreis Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Ceylon Electricity Board - Sri Lanka
- IHS Mccloskey Coal Group - USA
- Metalloyd Limited - United Kingdom
- Simpson Spence & Young - Indonesia
- Trasteel International SA, Italy
- Formosa Plastics Group - Taiwan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Kaltim Prima Coal - Indonesia
- Latin American Coal - Colombia
- Commonwealth Bank - Australia
- Power Finance Corporation Ltd., India
- Indian Oil Corporation Limited
- Iligan Light & Power Inc, Philippines
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