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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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Tuesday, 15 November 22
CHINA SEES RISING COAL STORAGE AMID SUPPLY PUSH - XINHUA
Coal stockpiles at China’s power plants have seen considerable increases, ensuring energy supply for the winter, the country’s energy r ...
Tuesday, 15 November 22
SEABORNE THERMAL COAL PRICES START TO EASE, BUT PROCESS IS UNEVEN - REUTERS
Prices for seaborne thermal coal have started to drop as fears of a winter energy crunch ease, but the rate of decline has varied across the differ ...
Thursday, 10 November 22
INDIA: THERMAL PLANTS HAVE ADEQUATE COAL STOCKS AT 25.6 MILLION TONNES, SAYS GOVT - IANS
The coal stock with domestic dry fuel-based power plants, as on October 31, was 25.6 million tonnes, the government said, adding that the availabil ...
Tuesday, 08 November 22
OUTLOOK ON CHINA’S WEAKENED BASIC MATERIALS SECTOR CLOUDED BY POLICY SWINGS - FITCH RATINGS
Fitch Ratings expects basic materials demand in China to improve qoq in 4Q22, driven by seasonally higher construction activity, solid infrastructu ...
Friday, 04 November 22
CHINA EXPANDS COAL TERM CONTRACTS TO ALL MINES TO STABILIZE MARKET - REUTERS
China has expanded long-term thermal coal supply contracts for 2023 to all coal mines and asked power utilities to source more of their demand thro ...
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- Goldman Sachs - Singapore
- Indo Tambangraya Megah - Indonesia
- Interocean Group of Companies - India
- Sical Logistics Limited - India
- Cigading International Bulk Terminal - Indonesia
- San Jose City I Power Corp, Philippines
- Bhushan Steel Limited - India
- Manunggal Multi Energi - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Antam Resourcindo - Indonesia
- Samtan Co., Ltd - South Korea
- Larsen & Toubro Limited - India
- ICICI Bank Limited - India
- Cement Manufacturers Association - India
- SMC Global Power, Philippines
- Price Waterhouse Coopers - Russia
- Attock Cement Pakistan Limited
- Kapuas Tunggal Persada - Indonesia
- Ministry of Finance - Indonesia
- PowerSource Philippines DevCo
- The University of Queensland
- SN Aboitiz Power Inc, Philippines
- Meralco Power Generation, Philippines
- Wilmar Investment Holdings
- Dalmia Cement Bharat India
- IHS Mccloskey Coal Group - USA
- Bulk Trading Sa - Switzerland
- Maharashtra Electricity Regulatory Commission - India
- Sakthi Sugars Limited - India
- Lanco Infratech Ltd - India
- London Commodity Brokers - England
- Australian Coal Association
- Ceylon Electricity Board - Sri Lanka
- Leighton Contractors Pty Ltd - Australia
- CNBM International Corporation - China
- Straits Asia Resources Limited - Singapore
- PNOC Exploration Corporation - Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Indogreen Group - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Globalindo Alam Lestari - Indonesia
- ASAPP Information Group - India
- Pendopo Energi Batubara - Indonesia
- Kaltim Prima Coal - Indonesia
- Xindia Steels Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Timah Investasi Mineral - Indoneisa
- Videocon Industries ltd - India
- Standard Chartered Bank - UAE
- Billiton Holdings Pty Ltd - Australia
- Merrill Lynch Commodities Europe
- McConnell Dowell - Australia
- Semirara Mining and Power Corporation, Philippines
- Orica Australia Pty. Ltd.
- Neyveli Lignite Corporation Ltd, - India
- Kobexindo Tractors - Indoneisa
- Coalindo Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- GN Power Mariveles Coal Plant, Philippines
- AsiaOL BioFuels Corp., Philippines
- Heidelberg Cement - Germany
- Rio Tinto Coal - Australia
- IEA Clean Coal Centre - UK
- Kumho Petrochemical, South Korea
- Kideco Jaya Agung - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bayan Resources Tbk. - Indonesia
- Renaissance Capital - South Africa
- Ministry of Transport, Egypt
- Jindal Steel & Power Ltd - India
- Salva Resources Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Bhatia International Limited - India
- Trasteel International SA, Italy
- Singapore Mercantile Exchange
- Banpu Public Company Limited - Thailand
- Central Electricity Authority - India
- Indian Energy Exchange, India
- South Luzon Thermal Energy Corporation
- Kepco SPC Power Corporation, Philippines
- Romanian Commodities Exchange
- Grasim Industreis Ltd - India
- Star Paper Mills Limited - India
- Vizag Seaport Private Limited - India
- Indonesian Coal Mining Association
- Therma Luzon, Inc, Philippines
- Chamber of Mines of South Africa
- Siam City Cement - Thailand
- Bangladesh Power Developement Board
- VISA Power Limited - India
- Chettinad Cement Corporation Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Ind-Barath Power Infra Limited - India
- Mercator Lines Limited - India
- Holcim Trading Pte Ltd - Singapore
- Australian Commodity Traders Exchange
- Carbofer General Trading SA - India
- OPG Power Generation Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Intertek Mineral Services - Indonesia
- Kartika Selabumi Mining - Indonesia
- Parry Sugars Refinery, India
- Sarangani Energy Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- GMR Energy Limited - India
- GAC Shipping (India) Pvt Ltd
- Mercuria Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Port Waratah Coal Services - Australia
- Indian Oil Corporation Limited
- International Coal Ventures Pvt Ltd - India
- The Treasury - Australian Government
- Orica Mining Services - Indonesia
- Bukit Makmur.PT - Indonesia
- Global Green Power PLC Corporation, Philippines
- GVK Power & Infra Limited - India
- Madhucon Powers Ltd - India
- MS Steel International - UAE
- Petrochimia International Co. Ltd.- Taiwan
- New Zealand Coal & Carbon
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Altura Mining Limited, Indonesia
- Planning Commission, India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Thai Mozambique Logistica
- Indika Energy - Indonesia
- White Energy Company Limited
- Parliament of New Zealand
- Petron Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Bharathi Cement Corporation - India
- Electricity Generating Authority of Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Tamil Nadu electricity Board
- Eastern Energy - Thailand
- Kalimantan Lumbung Energi - Indonesia
- Central Java Power - Indonesia
- Binh Thuan Hamico - Vietnam
- Savvy Resources Ltd - HongKong
- Krishnapatnam Port Company Ltd. - India
- Energy Link Ltd, New Zealand
- Riau Bara Harum - Indonesia
- Coastal Gujarat Power Limited - India
- Borneo Indobara - Indonesia
- Ministry of Mines - Canada
- Gujarat Sidhee Cement - India
- Sinarmas Energy and Mining - Indonesia
- Ambuja Cements Ltd - India
- Marubeni Corporation - India
- Formosa Plastics Group - Taiwan
- PetroVietnam Power Coal Import and Supply Company
- Aditya Birla Group - India
- Energy Development Corp, Philippines
- Uttam Galva Steels Limited - India
- Bukit Baiduri Energy - Indonesia
- Agrawal Coal Company - India
- Global Coal Blending Company Limited - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Eastern Coal Council - USA
- Tata Chemicals Ltd - India
- India Bulls Power Limited - India
- Mjunction Services Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Electricity Authority, New Zealand
- SMG Consultants - Indonesia
- Deloitte Consulting - India
- Power Finance Corporation Ltd., India
- Gujarat Electricity Regulatory Commission - India
- Directorate Of Revenue Intelligence - India
- Thiess Contractors Indonesia
- Bhoruka Overseas - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Global Business Power Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Malabar Cements Ltd - India
- Wood Mackenzie - Singapore
- PTC India Limited - India
- Karaikal Port Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- LBH Netherlands Bv - Netherlands
- Anglo American - United Kingdom
- Medco Energi Mining Internasional
- Edison Trading Spa - Italy
- Vedanta Resources Plc - India
- Toyota Tsusho Corporation, Japan
- Sree Jayajothi Cements Limited - India
- Posco Energy - South Korea
- Metalloyd Limited - United Kingdom
- Sojitz Corporation - Japan
- Iligan Light & Power Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Semirara Mining Corp, Philippines
- Georgia Ports Authority, United States
- Minerals Council of Australia
- Economic Council, Georgia
- Bahari Cakrawala Sebuku - Indonesia
- The State Trading Corporation of India Ltd
- Independent Power Producers Association of India
- CIMB Investment Bank - Malaysia
- Makarim & Taira - Indonesia
- Commonwealth Bank - Australia
- Essar Steel Hazira Ltd - India
- TeaM Sual Corporation - Philippines
- Maheswari Brothers Coal Limited - India
- Mintek Dendrill Indonesia
- Jaiprakash Power Ventures ltd
- Simpson Spence & Young - Indonesia
- Latin American Coal - Colombia
- Africa Commodities Group - South Africa
- Coal and Oil Company - UAE
- Jorong Barutama Greston.PT - Indonesia
- Baramulti Group, Indonesia
- Oldendorff Carriers - Singapore
- Karbindo Abesyapradhi - Indoneisa
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