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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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Wednesday, 30 November 22
INDONESIA’S BUMI RESOURCES TARGETS 2023 COAL OUTPUT OF 80 MLN TONNES - REUTERS
Indonesian coal miner PT Bumi Resources Tbk BUMI.JKis eyeing a 10% increase in output to 80 million tonnes next year amid expectations for more fav ...
Wednesday, 30 November 22
TANKERS: LONGER HAULS TO SUPPORT CONTINUED STRENGTH - BIMCO
Highlights
A rebound in the dirty tanker trade has led the Baltic Exchange Dirty Index (BDTI) to increase by 64% since our last report from mid ...
Wednesday, 30 November 22
MARKET INSIGHT - INTERMODAL
Shipping, although a conservative and innovation adverse industry, is currently in a transition period of digital transformation. According to a su ...
Tuesday, 29 November 22
INDIA TO RECEIVE FIRST LNG CARGO FROM INDONESIA’S TANGGUH LNG - REUTERS
India will receive its first cargo from Indonesia’s Tangguh liquefied natural gas (LNG) plant at the Dahej terminal on Monday, according to a ...
Tuesday, 29 November 22
SEABORNE COAL FLOWS IN 2022 - SIGNAL
This year is crucial for the energy mix in European countries, as the EU has imposed new sanctions on Russia. It is important to emphasize that the ...
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Borneo Indobara - Indonesia
- Barasentosa Lestari - Indonesia
- Chamber of Mines of South Africa
- Agrawal Coal Company - India
- Sarangani Energy Corporation, Philippines
- Romanian Commodities Exchange
- Samtan Co., Ltd - South Korea
- PTC India Limited - India
- Bhatia International Limited - India
- Kepco SPC Power Corporation, Philippines
- Wilmar Investment Holdings
- Attock Cement Pakistan Limited
- Energy Development Corp, Philippines
- Commonwealth Bank - Australia
- MS Steel International - UAE
- Videocon Industries ltd - India
- The State Trading Corporation of India Ltd
- Georgia Ports Authority, United States
- Binh Thuan Hamico - Vietnam
- Formosa Plastics Group - Taiwan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Banpu Public Company Limited - Thailand
- Gujarat Mineral Development Corp Ltd - India
- OPG Power Generation Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Karaikal Port Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Rio Tinto Coal - Australia
- Marubeni Corporation - India
- Indogreen Group - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Ambuja Cements Ltd - India
- Salva Resources Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Intertek Mineral Services - Indonesia
- Siam City Cement PLC, Thailand
- TeaM Sual Corporation - Philippines
- Miang Besar Coal Terminal - Indonesia
- Parry Sugars Refinery, India
- Simpson Spence & Young - Indonesia
- Port Waratah Coal Services - Australia
- Australian Coal Association
- Medco Energi Mining Internasional
- Independent Power Producers Association of India
- TNB Fuel Sdn Bhd - Malaysia
- Orica Australia Pty. Ltd.
- Indian Oil Corporation Limited
- Kaltim Prima Coal - Indonesia
- White Energy Company Limited
- London Commodity Brokers - England
- Therma Luzon, Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SN Aboitiz Power Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- IHS Mccloskey Coal Group - USA
- Ministry of Mines - Canada
- Australian Commodity Traders Exchange
- Maharashtra Electricity Regulatory Commission - India
- Neyveli Lignite Corporation Ltd, - India
- Directorate Of Revenue Intelligence - India
- Central Java Power - Indonesia
- Bharathi Cement Corporation - India
- Coastal Gujarat Power Limited - India
- McConnell Dowell - Australia
- Africa Commodities Group - South Africa
- Coalindo Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Bukit Makmur.PT - Indonesia
- Bhoruka Overseas - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- The University of Queensland
- Siam City Cement - Thailand
- Xindia Steels Limited - India
- Makarim & Taira - Indonesia
- Central Electricity Authority - India
- Mercuria Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Globalindo Alam Lestari - Indonesia
- Kideco Jaya Agung - Indonesia
- Bangladesh Power Developement Board
- Goldman Sachs - Singapore
- Mercator Lines Limited - India
- IEA Clean Coal Centre - UK
- Manunggal Multi Energi - Indonesia
- Savvy Resources Ltd - HongKong
- Ministry of Transport, Egypt
- Ceylon Electricity Board - Sri Lanka
- Uttam Galva Steels Limited - India
- Straits Asia Resources Limited - Singapore
- Eastern Energy - Thailand
- Anglo American - United Kingdom
- Meralco Power Generation, Philippines
- Sical Logistics Limited - India
- Global Green Power PLC Corporation, Philippines
- Jindal Steel & Power Ltd - India
- SMC Global Power, Philippines
- Pendopo Energi Batubara - Indonesia
- Singapore Mercantile Exchange
- Energy Link Ltd, New Zealand
- Heidelberg Cement - Germany
- Vedanta Resources Plc - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Carbofer General Trading SA - India
- Semirara Mining and Power Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Economic Council, Georgia
- GMR Energy Limited - India
- Minerals Council of Australia
- Aditya Birla Group - India
- Parliament of New Zealand
- Wood Mackenzie - Singapore
- Power Finance Corporation Ltd., India
- Kalimantan Lumbung Energi - Indonesia
- Dalmia Cement Bharat India
- Price Waterhouse Coopers - Russia
- Deloitte Consulting - India
- Bhushan Steel Limited - India
- India Bulls Power Limited - India
- Star Paper Mills Limited - India
- Mintek Dendrill Indonesia
- Eastern Coal Council - USA
- Riau Bara Harum - Indonesia
- Cigading International Bulk Terminal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Kapuas Tunggal Persada - Indonesia
- PowerSource Philippines DevCo
- Kartika Selabumi Mining - Indonesia
- The Treasury - Australian Government
- New Zealand Coal & Carbon
- Semirara Mining Corp, Philippines
- Essar Steel Hazira Ltd - India
- Posco Energy - South Korea
- Mjunction Services Limited - India
- Edison Trading Spa - Italy
- Madhucon Powers Ltd - India
- Maheswari Brothers Coal Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Leighton Contractors Pty Ltd - Australia
- GVK Power & Infra Limited - India
- CIMB Investment Bank - Malaysia
- Sakthi Sugars Limited - India
- LBH Netherlands Bv - Netherlands
- Merrill Lynch Commodities Europe
- Ind-Barath Power Infra Limited - India
- Vizag Seaport Private Limited - India
- San Jose City I Power Corp, Philippines
- SMG Consultants - Indonesia
- Antam Resourcindo - Indonesia
- ASAPP Information Group - India
- Electricity Authority, New Zealand
- Bayan Resources Tbk. - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Kohat Cement Company Ltd. - Pakistan
- ICICI Bank Limited - India
- Ministry of Finance - Indonesia
- Cement Manufacturers Association - India
- Sinarmas Energy and Mining - Indonesia
- South Luzon Thermal Energy Corporation
- Baramulti Group, Indonesia
- Indonesian Coal Mining Association
- Sojitz Corporation - Japan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Standard Chartered Bank - UAE
- Jorong Barutama Greston.PT - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Aboitiz Power Corporation - Philippines
- Oldendorff Carriers - Singapore
- Global Coal Blending Company Limited - Australia
- Indika Energy - Indonesia
- Interocean Group of Companies - India
- Latin American Coal - Colombia
- Global Business Power Corporation, Philippines
- Orica Mining Services - Indonesia
- Sindya Power Generating Company Private Ltd
- Metalloyd Limited - United Kingdom
- Planning Commission, India
- Rashtriya Ispat Nigam Limited - India
- AsiaOL BioFuels Corp., Philippines
- Thiess Contractors Indonesia
- Petron Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Gujarat Electricity Regulatory Commission - India
- Iligan Light & Power Inc, Philippines
- Bulk Trading Sa - Switzerland
- Grasim Industreis Ltd - India
- Renaissance Capital - South Africa
- Tata Chemicals Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Larsen & Toubro Limited - India
- Kobexindo Tractors - Indoneisa
- International Coal Ventures Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Pipit Mutiara Jaya. PT, Indonesia
- Tamil Nadu electricity Board
- Lanco Infratech Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- CNBM International Corporation - China
- GAC Shipping (India) Pvt Ltd
- Kumho Petrochemical, South Korea
- Timah Investasi Mineral - Indoneisa
- Trasteel International SA, Italy
- Electricity Generating Authority of Thailand
- Malabar Cements Ltd - India
- Indian Energy Exchange, India
- Gujarat Sidhee Cement - India
- Coal and Oil Company - UAE
- VISA Power Limited - India
- Indo Tambangraya Megah - Indonesia
- Altura Mining Limited, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Thai Mozambique Logistica
- Karbindo Abesyapradhi - Indoneisa
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