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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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Thursday, 02 March 23
DRY BULK MARKET: THE WAY CHINA GOES, SO GOES THE MARKET - BIMCO
We expect demand growth within the 1.5-2.5% range in 2023, driven by China’s economic recovery. Improvements in consumer sentiment should hel ...
Thursday, 02 March 23
INDIA, CHINA DEMAND BOOST LOW-RANK THERMAL COAL PRICES IN ASIA - RUSSELL, REUTERS
Signs of stronger import demand from India have arrested the decline in price of the thermal coal grades most commonly sought by the world’s ...
Thursday, 02 March 23
INDIA CHEERS THE RETURN OF ‘KING COAL’ AS INDUSTRY SEES BUOYANT FUTURE - REUTERS
India’s coal industry celebrated the return of its major conference after a three-year pandemic hiatus by presenting a bullish view of demand ...
Wednesday, 01 March 23
GEO CONNECT ASIA RETURNS IN MARCH TO ACCELERATE THE REGION’S GEOSPATIAL AND LOCATION INTELLIGENCE CAPABILITIES
Press Release: The third edition of GCA will be held in conjunction with Digital Construction Asia and the inaugural Drones Asia – an event d ...
Wednesday, 01 March 23
THE DECLINE IN THE COAL PRICE SINCE THE BEGINNING OF THE YEAR HAS BEEN SIGNIFICANT - INTERMODAL
Last week, the front-month API2 future rose by 3.5%, but since the beginning of the year the future has fallen by 39% to $136.65/t, while the Newca ...
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- Leighton Contractors Pty Ltd - Australia
- Renaissance Capital - South Africa
- Ambuja Cements Ltd - India
- TeaM Sual Corporation - Philippines
- Bhatia International Limited - India
- Sojitz Corporation - Japan
- Sarangani Energy Corporation, Philippines
- Planning Commission, India
- TNB Fuel Sdn Bhd - Malaysia
- Madhucon Powers Ltd - India
- SMG Consultants - Indonesia
- Indika Energy - Indonesia
- Oldendorff Carriers - Singapore
- ASAPP Information Group - India
- Wood Mackenzie - Singapore
- Merrill Lynch Commodities Europe
- Interocean Group of Companies - India
- Bahari Cakrawala Sebuku - Indonesia
- Eastern Energy - Thailand
- Ceylon Electricity Board - Sri Lanka
- Samtan Co., Ltd - South Korea
- Bukit Baiduri Energy - Indonesia
- Grasim Industreis Ltd - India
- Kumho Petrochemical, South Korea
- Gujarat Mineral Development Corp Ltd - India
- Price Waterhouse Coopers - Russia
- Jaiprakash Power Ventures ltd
- Indogreen Group - Indonesia
- CNBM International Corporation - China
- Global Business Power Corporation, Philippines
- Indonesian Coal Mining Association
- Bukit Asam (Persero) Tbk - Indonesia
- Australian Coal Association
- Semirara Mining and Power Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Uttam Galva Steels Limited - India
- Bulk Trading Sa - Switzerland
- Minerals Council of Australia
- PNOC Exploration Corporation - Philippines
- Kideco Jaya Agung - Indonesia
- Iligan Light & Power Inc, Philippines
- The University of Queensland
- Parry Sugars Refinery, India
- Posco Energy - South Korea
- Asmin Koalindo Tuhup - Indonesia
- Banpu Public Company Limited - Thailand
- Indian Oil Corporation Limited
- Tamil Nadu electricity Board
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Metalloyd Limited - United Kingdom
- Mintek Dendrill Indonesia
- Essar Steel Hazira Ltd - India
- GAC Shipping (India) Pvt Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Gujarat Sidhee Cement - India
- Karbindo Abesyapradhi - Indoneisa
- Trasteel International SA, Italy
- Timah Investasi Mineral - Indoneisa
- Globalindo Alam Lestari - Indonesia
- Ind-Barath Power Infra Limited - India
- Holcim Trading Pte Ltd - Singapore
- Siam City Cement PLC, Thailand
- Vedanta Resources Plc - India
- Bhoruka Overseas - Indonesia
- Bharathi Cement Corporation - India
- Kartika Selabumi Mining - Indonesia
- Independent Power Producers Association of India
- Formosa Plastics Group - Taiwan
- Global Coal Blending Company Limited - Australia
- MS Steel International - UAE
- PetroVietnam Power Coal Import and Supply Company
- Port Waratah Coal Services - Australia
- Energy Development Corp, Philippines
- Meenaskhi Energy Private Limited - India
- SMC Global Power, Philippines
- Bhushan Steel Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Thai Mozambique Logistica
- GVK Power & Infra Limited - India
- GMR Energy Limited - India
- Billiton Holdings Pty Ltd - Australia
- Baramulti Group, Indonesia
- Central Electricity Authority - India
- Central Java Power - Indonesia
- Electricity Generating Authority of Thailand
- Agrawal Coal Company - India
- London Commodity Brokers - England
- CIMB Investment Bank - Malaysia
- Singapore Mercantile Exchange
- India Bulls Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Thiess Contractors Indonesia
- Kaltim Prima Coal - Indonesia
- Carbofer General Trading SA - India
- Romanian Commodities Exchange
- Jorong Barutama Greston.PT - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Australian Commodity Traders Exchange
- Simpson Spence & Young - Indonesia
- Jindal Steel & Power Ltd - India
- Coal and Oil Company - UAE
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- White Energy Company Limited
- Toyota Tsusho Corporation, Japan
- Sakthi Sugars Limited - India
- Economic Council, Georgia
- Commonwealth Bank - Australia
- Antam Resourcindo - Indonesia
- Anglo American - United Kingdom
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indo Tambangraya Megah - Indonesia
- Aboitiz Power Corporation - Philippines
- PowerSource Philippines DevCo
- Straits Asia Resources Limited - Singapore
- Georgia Ports Authority, United States
- Neyveli Lignite Corporation Ltd, - India
- GN Power Mariveles Coal Plant, Philippines
- Bangladesh Power Developement Board
- Manunggal Multi Energi - Indonesia
- International Coal Ventures Pvt Ltd - India
- Aditya Birla Group - India
- Coalindo Energy - Indonesia
- McConnell Dowell - Australia
- Mjunction Services Limited - India
- Sree Jayajothi Cements Limited - India
- LBH Netherlands Bv - Netherlands
- Salva Resources Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- AsiaOL BioFuels Corp., Philippines
- Krishnapatnam Port Company Ltd. - India
- Eastern Coal Council - USA
- Global Green Power PLC Corporation, Philippines
- Africa Commodities Group - South Africa
- Savvy Resources Ltd - HongKong
- European Bulk Services B.V. - Netherlands
- Edison Trading Spa - Italy
- Dalmia Cement Bharat India
- Directorate Of Revenue Intelligence - India
- Larsen & Toubro Limited - India
- San Jose City I Power Corp, Philippines
- Karaikal Port Pvt Ltd - India
- PTC India Limited - India
- Sindya Power Generating Company Private Ltd
- Siam City Cement - Thailand
- Malabar Cements Ltd - India
- Deloitte Consulting - India
- Barasentosa Lestari - Indonesia
- Xindia Steels Limited - India
- Coastal Gujarat Power Limited - India
- Sical Logistics Limited - India
- SN Aboitiz Power Inc, Philippines
- Electricity Authority, New Zealand
- IEA Clean Coal Centre - UK
- Bayan Resources Tbk. - Indonesia
- Tata Chemicals Ltd - India
- Cement Manufacturers Association - India
- Power Finance Corporation Ltd., India
- Bukit Makmur.PT - Indonesia
- Orica Mining Services - Indonesia
- Medco Energi Mining Internasional
- South Luzon Thermal Energy Corporation
- Intertek Mineral Services - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Kobexindo Tractors - Indoneisa
- Chettinad Cement Corporation Ltd - India
- Riau Bara Harum - Indonesia
- ICICI Bank Limited - India
- Ministry of Finance - Indonesia
- Ministry of Mines - Canada
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indian Energy Exchange, India
- Rio Tinto Coal - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Alfred C Toepfer International GmbH - Germany
- Gujarat Electricity Regulatory Commission - India
- Goldman Sachs - Singapore
- Ministry of Transport, Egypt
- Kepco SPC Power Corporation, Philippines
- Petron Corporation, Philippines
- Mercuria Energy - Indonesia
- Marubeni Corporation - India
- OPG Power Generation Pvt Ltd - India
- Latin American Coal - Colombia
- New Zealand Coal & Carbon
- Makarim & Taira - Indonesia
- Lanco Infratech Ltd - India
- Maheswari Brothers Coal Limited - India
- Sinarmas Energy and Mining - Indonesia
- Altura Mining Limited, Indonesia
- Binh Thuan Hamico - Vietnam
- Parliament of New Zealand
- Semirara Mining Corp, Philippines
- Therma Luzon, Inc, Philippines
- The State Trading Corporation of India Ltd
- The Treasury - Australian Government
- Borneo Indobara - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Star Paper Mills Limited - India
- Wilmar Investment Holdings
- Orica Australia Pty. Ltd.
- Miang Besar Coal Terminal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Cigading International Bulk Terminal - Indonesia
- Meralco Power Generation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Heidelberg Cement - Germany
- Chamber of Mines of South Africa
- Kapuas Tunggal Persada - Indonesia
- Videocon Industries ltd - India
- IHS Mccloskey Coal Group - USA
- VISA Power Limited - India
- Energy Link Ltd, New Zealand
- Attock Cement Pakistan Limited
- Vizag Seaport Private Limited - India
- Standard Chartered Bank - UAE
- Mercator Lines Limited - India
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