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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, 26 January 23
AUSTRALIA'S CORONADO GLOBAL SEES COAL PRICES RISING ON RESUMING CHINA IMPORTS - REUTERS
Australia’s Coronado Global Resources said on Tuesday resuming metallurgical coal imports to China would likely push sea-borne coal prices hi ...
Monday, 23 January 23
CHINA'S MAJOR COAL-PRODUCING PROVINCE ACCELERATES DIGITAL TRANSFORMATION - XINHUA
At Chindata Group’s big-data industrial park in Lingqiu County of Datong City, hundreds of thousands of servers are running round-the-clock t ...
Monday, 23 January 23
CHINA'S COAL-RICH PROVINCE SEES COAL PRODUCTION INCREASE IN 2022 - XINHUA
North China’s coal-rich province of Shanxi saw its coal production hit 1.31 billion tonnes in 2022, up 8.7 percent year on year, local author ...
Wednesday, 18 January 23
MARKET INSIGHT - INTERMODAL
From Feb 5, another price cap will be introduced to Russian fuels and oil products, adding to the one for crude oil, already in place from Dec. 3. ...
Tuesday, 17 January 23
FRAUD IS THE BIGGEST THREAT TO CARGO LOSSES - TT CLUB
The almost exclusive use of online facilities to process business transactions allows a myriad of fraudulent pursuits to find opportunities within ...
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- Iligan Light & Power Inc, Philippines
- SMG Consultants - Indonesia
- Kumho Petrochemical, South Korea
- Bhatia International Limited - India
- Ceylon Electricity Board - Sri Lanka
- Bharathi Cement Corporation - India
- Simpson Spence & Young - Indonesia
- International Coal Ventures Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Sree Jayajothi Cements Limited - India
- Eastern Coal Council - USA
- Riau Bara Harum - Indonesia
- Chamber of Mines of South Africa
- Central Electricity Authority - India
- Petron Corporation, Philippines
- Videocon Industries ltd - India
- Kapuas Tunggal Persada - Indonesia
- Port Waratah Coal Services - Australia
- Sinarmas Energy and Mining - Indonesia
- Sical Logistics Limited - India
- Energy Development Corp, Philippines
- Star Paper Mills Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Price Waterhouse Coopers - Russia
- Asmin Koalindo Tuhup - Indonesia
- Borneo Indobara - Indonesia
- New Zealand Coal & Carbon
- Siam City Cement - Thailand
- ICICI Bank Limited - India
- White Energy Company Limited
- Bulk Trading Sa - Switzerland
- Global Business Power Corporation, Philippines
- Aditya Birla Group - India
- Electricity Generating Authority of Thailand
- Georgia Ports Authority, United States
- Kartika Selabumi Mining - Indonesia
- Orica Australia Pty. Ltd.
- Tata Chemicals Ltd - India
- Edison Trading Spa - Italy
- Ambuja Cements Ltd - India
- Metalloyd Limited - United Kingdom
- Binh Thuan Hamico - Vietnam
- Merrill Lynch Commodities Europe
- Indian Oil Corporation Limited
- AsiaOL BioFuels Corp., Philippines
- Grasim Industreis Ltd - India
- Sindya Power Generating Company Private Ltd
- Makarim & Taira - Indonesia
- Chettinad Cement Corporation Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Latin American Coal - Colombia
- Marubeni Corporation - India
- TNB Fuel Sdn Bhd - Malaysia
- Mercator Lines Limited - India
- Vizag Seaport Private Limited - India
- The Treasury - Australian Government
- Coalindo Energy - Indonesia
- Australian Commodity Traders Exchange
- Timah Investasi Mineral - Indoneisa
- Parry Sugars Refinery, India
- Altura Mining Limited, Indonesia
- Eastern Energy - Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Vedanta Resources Plc - India
- Bukit Makmur.PT - Indonesia
- Lanco Infratech Ltd - India
- Heidelberg Cement - Germany
- Savvy Resources Ltd - HongKong
- Orica Mining Services - Indonesia
- Bayan Resources Tbk. - Indonesia
- Xindia Steels Limited - India
- Madhucon Powers Ltd - India
- Ind-Barath Power Infra Limited - India
- Globalindo Alam Lestari - Indonesia
- Jaiprakash Power Ventures ltd
- Salva Resources Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Standard Chartered Bank - UAE
- PTC India Limited - India
- Thiess Contractors Indonesia
- Carbofer General Trading SA - India
- Mjunction Services Limited - India
- Power Finance Corporation Ltd., India
- South Luzon Thermal Energy Corporation
- Sakthi Sugars Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mercuria Energy - Indonesia
- Trasteel International SA, Italy
- Thai Mozambique Logistica
- PowerSource Philippines DevCo
- Minerals Council of Australia
- PetroVietnam Power Coal Import and Supply Company
- Mintek Dendrill Indonesia
- The University of Queensland
- Singapore Mercantile Exchange
- Meenaskhi Energy Private Limited - India
- Therma Luzon, Inc, Philippines
- Electricity Authority, New Zealand
- Gujarat Mineral Development Corp Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indo Tambangraya Megah - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Bukit Baiduri Energy - Indonesia
- Intertek Mineral Services - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Asia Pacific Energy Resources Ventures Inc, Philippines
- McConnell Dowell - Australia
- Maheswari Brothers Coal Limited - India
- Manunggal Multi Energi - Indonesia
- Karaikal Port Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Indonesian Coal Mining Association
- CIMB Investment Bank - Malaysia
- Bangladesh Power Developement Board
- Kobexindo Tractors - Indoneisa
- VISA Power Limited - India
- European Bulk Services B.V. - Netherlands
- Straits Asia Resources Limited - Singapore
- Semirara Mining and Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Ministry of Transport, Egypt
- Maharashtra Electricity Regulatory Commission - India
- Samtan Co., Ltd - South Korea
- Gujarat Sidhee Cement - India
- Attock Cement Pakistan Limited
- Jorong Barutama Greston.PT - Indonesia
- Anglo American - United Kingdom
- Interocean Group of Companies - India
- Aboitiz Power Corporation - Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Romanian Commodities Exchange
- Baramulti Group, Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Formosa Plastics Group - Taiwan
- Sarangani Energy Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Medco Energi Mining Internasional
- San Jose City I Power Corp, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Economic Council, Georgia
- Commonwealth Bank - Australia
- Global Green Power PLC Corporation, Philippines
- Africa Commodities Group - South Africa
- OPG Power Generation Pvt Ltd - India
- ASAPP Information Group - India
- Indogreen Group - Indonesia
- Siam City Cement PLC, Thailand
- Meralco Power Generation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Wilmar Investment Holdings
- Energy Link Ltd, New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- Tamil Nadu electricity Board
- Cement Manufacturers Association - India
- Pendopo Energi Batubara - Indonesia
- Malabar Cements Ltd - India
- Barasentosa Lestari - Indonesia
- Kepco SPC Power Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- SMC Global Power, Philippines
- Rashtriya Ispat Nigam Limited - India
- Bhushan Steel Limited - India
- Indian Energy Exchange, India
- Coal and Oil Company - UAE
- PNOC Exploration Corporation - Philippines
- Banpu Public Company Limited - Thailand
- Kideco Jaya Agung - Indonesia
- Semirara Mining Corp, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Ministry of Mines - Canada
- Rio Tinto Coal - Australia
- Global Coal Blending Company Limited - Australia
- Uttam Galva Steels Limited - India
- GMR Energy Limited - India
- Agrawal Coal Company - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Miang Besar Coal Terminal - Indonesia
- Planning Commission, India
- Renaissance Capital - South Africa
- Petrochimia International Co. Ltd.- Taiwan
- Posco Energy - South Korea
- Ministry of Finance - Indonesia
- MS Steel International - UAE
- Indika Energy - Indonesia
- Parliament of New Zealand
- Central Java Power - Indonesia
- Sojitz Corporation - Japan
- LBH Netherlands Bv - Netherlands
- IEA Clean Coal Centre - UK
- Goldman Sachs - Singapore
- GAC Shipping (India) Pvt Ltd
- Deloitte Consulting - India
- Neyveli Lignite Corporation Ltd, - India
- SN Aboitiz Power Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- IHS Mccloskey Coal Group - USA
- London Commodity Brokers - England
- Independent Power Producers Association of India
- India Bulls Power Limited - India
- TeaM Sual Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- Kohat Cement Company Ltd. - Pakistan
- CNBM International Corporation - China
- Larsen & Toubro Limited - India
- Bhoruka Overseas - Indonesia
- Essar Steel Hazira Ltd - India
- GVK Power & Infra Limited - India
- Dalmia Cement Bharat India
- Billiton Holdings Pty Ltd - Australia
- Directorate Of Revenue Intelligence - India
- Kaltim Prima Coal - Indonesia
- Australian Coal Association
- Toyota Tsusho Corporation, Japan
- Wood Mackenzie - Singapore
- Krishnapatnam Port Company Ltd. - India
- Coastal Gujarat Power Limited - India
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