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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, 12 October 22
MARKET INSIGHT - INTERMODAL
Sale and Purchase activity during the first three quarters of 2022 has been remarkable.
Focusing only on Tankers and Bulkers, such v ...
Monday, 10 October 22
ENERGY TRANSITION BOOSTS GLOBAL LONG-TERM DEMAND FOR METALS - FITCH RATINGS
The energy transition will significantly increase demand for metals used in manufacturing of electric vehicles (EVs) and renewable power generation ...
Monday, 10 October 22
GLOBAL CEOS EXPECT IMPENDING RECESSION TO BE 'SHORT AND SHARP,' POLL SHOWS - CNBC
Global CEOs are anticipating a recession in the next 12 months, according to a new survey by professional services firm KPMG, which said more than ...
Thursday, 06 October 22
AUSTRALIA’S RESOURCES REVENUE TO HIT RECORD AMID UKRAINE CONFLICT - REUTERS
Australian resources and energy export earnings are forecast to jump 7% to a record A$450 billion ($290 billion) this fiscal year, bolstered by soa ...
Thursday, 06 October 22
COAL INDIA ASKED TO ENHANCE SUPPLY TO THERMAL POWER PLANTS - IANS
With the festival season round the corner, Coal India Ltd. has been directed by the government to scale up dispatch to thermal power plants.
&n ...
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- Maharashtra Electricity Regulatory Commission - India
- PowerSource Philippines DevCo
- Parry Sugars Refinery, India
- The University of Queensland
- San Jose City I Power Corp, Philippines
- Siam City Cement PLC, Thailand
- Essar Steel Hazira Ltd - India
- Intertek Mineral Services - Indonesia
- Sarangani Energy Corporation, Philippines
- The State Trading Corporation of India Ltd
- Antam Resourcindo - Indonesia
- Aditya Birla Group - India
- Vedanta Resources Plc - India
- Indika Energy - Indonesia
- Sojitz Corporation - Japan
- SN Aboitiz Power Inc, Philippines
- Sical Logistics Limited - India
- SMC Global Power, Philippines
- TeaM Sual Corporation - Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Indonesian Coal Mining Association
- Banpu Public Company Limited - Thailand
- Star Paper Mills Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Vizag Seaport Private Limited - India
- Thai Mozambique Logistica
- Australian Coal Association
- Malabar Cements Ltd - India
- Ind-Barath Power Infra Limited - India
- Mintek Dendrill Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Krishnapatnam Port Company Ltd. - India
- Gujarat Mineral Development Corp Ltd - India
- Dalmia Cement Bharat India
- Toyota Tsusho Corporation, Japan
- CNBM International Corporation - China
- Edison Trading Spa - Italy
- VISA Power Limited - India
- Central Electricity Authority - India
- Indian Oil Corporation Limited
- Anglo American - United Kingdom
- ASAPP Information Group - India
- Meenaskhi Energy Private Limited - India
- Goldman Sachs - Singapore
- Sinarmas Energy and Mining - Indonesia
- Orica Mining Services - Indonesia
- Ministry of Finance - Indonesia
- Petron Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- White Energy Company Limited
- Riau Bara Harum - Indonesia
- Borneo Indobara - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- GVK Power & Infra Limited - India
- Singapore Mercantile Exchange
- Videocon Industries ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Directorate General of MIneral and Coal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PNOC Exploration Corporation - Philippines
- McConnell Dowell - Australia
- Kideco Jaya Agung - Indonesia
- International Coal Ventures Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Kepco SPC Power Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Commonwealth Bank - Australia
- Central Java Power - Indonesia
- Price Waterhouse Coopers - Russia
- Indian Energy Exchange, India
- Mercuria Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Tata Chemicals Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Merrill Lynch Commodities Europe
- Barasentosa Lestari - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Semirara Mining Corp, Philippines
- Global Coal Blending Company Limited - Australia
- Ministry of Transport, Egypt
- Bank of Tokyo Mitsubishi UFJ Ltd
- Trasteel International SA, Italy
- Lanco Infratech Ltd - India
- Kumho Petrochemical, South Korea
- Independent Power Producers Association of India
- Jaiprakash Power Ventures ltd
- Bukit Makmur.PT - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Posco Energy - South Korea
- Wood Mackenzie - Singapore
- Georgia Ports Authority, United States
- Coalindo Energy - Indonesia
- Energy Development Corp, Philippines
- Australian Commodity Traders Exchange
- Xindia Steels Limited - India
- Ceylon Electricity Board - Sri Lanka
- LBH Netherlands Bv - Netherlands
- The Treasury - Australian Government
- Power Finance Corporation Ltd., India
- IEA Clean Coal Centre - UK
- Meralco Power Generation, Philippines
- Gujarat Sidhee Cement - India
- Rio Tinto Coal - Australia
- Bhoruka Overseas - Indonesia
- Bukit Baiduri Energy - Indonesia
- SMG Consultants - Indonesia
- Iligan Light & Power Inc, Philippines
- Larsen & Toubro Limited - India
- Simpson Spence & Young - Indonesia
- Interocean Group of Companies - India
- Pendopo Energi Batubara - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Savvy Resources Ltd - HongKong
- IHS Mccloskey Coal Group - USA
- Electricity Generating Authority of Thailand
- OPG Power Generation Pvt Ltd - India
- Planning Commission, India
- Energy Link Ltd, New Zealand
- Mjunction Services Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Eastern Energy - Thailand
- Semirara Mining and Power Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Siam City Cement - Thailand
- Coastal Gujarat Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- Bayan Resources Tbk. - Indonesia
- Madhucon Powers Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Timah Investasi Mineral - Indoneisa
- Chamber of Mines of South Africa
- Karaikal Port Pvt Ltd - India
- Indogreen Group - Indonesia
- Parliament of New Zealand
- Agrawal Coal Company - India
- Sree Jayajothi Cements Limited - India
- Port Waratah Coal Services - Australia
- Standard Chartered Bank - UAE
- Uttam Galva Steels Limited - India
- Orica Australia Pty. Ltd.
- Directorate Of Revenue Intelligence - India
- ICICI Bank Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Binh Thuan Hamico - Vietnam
- Heidelberg Cement - Germany
- Kobexindo Tractors - Indoneisa
- Samtan Co., Ltd - South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- Bharathi Cement Corporation - India
- Chettinad Cement Corporation Ltd - India
- Salva Resources Pvt Ltd - India
- Minerals Council of Australia
- Vijayanagar Sugar Pvt Ltd - India
- Ministry of Mines - Canada
- Oldendorff Carriers - Singapore
- GAC Shipping (India) Pvt Ltd
- Metalloyd Limited - United Kingdom
- Africa Commodities Group - South Africa
- Grasim Industreis Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Bangladesh Power Developement Board
- Kohat Cement Company Ltd. - Pakistan
- Makarim & Taira - Indonesia
- Formosa Plastics Group - Taiwan
- European Bulk Services B.V. - Netherlands
- Marubeni Corporation - India
- Global Green Power PLC Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Tamil Nadu electricity Board
- Mercator Lines Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PTC India Limited - India
- Bhushan Steel Limited - India
- Jindal Steel & Power Ltd - India
- Sakthi Sugars Limited - India
- Carbofer General Trading SA - India
- Baramulti Group, Indonesia
- Global Business Power Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- GMR Energy Limited - India
- Leighton Contractors Pty Ltd - Australia
- Electricity Authority, New Zealand
- Bulk Trading Sa - Switzerland
- Renaissance Capital - South Africa
- Attock Cement Pakistan Limited
- Alfred C Toepfer International GmbH - Germany
- Medco Energi Mining Internasional
- Maheswari Brothers Coal Limited - India
- Romanian Commodities Exchange
- Coal and Oil Company - UAE
- Kapuas Tunggal Persada - Indonesia
- London Commodity Brokers - England
- South Luzon Thermal Energy Corporation
- Aboitiz Power Corporation - Philippines
- Gujarat Electricity Regulatory Commission - India
- CIMB Investment Bank - Malaysia
- Sindya Power Generating Company Private Ltd
- Altura Mining Limited, Indonesia
- Eastern Coal Council - USA
- Thiess Contractors Indonesia
- Latin American Coal - Colombia
- Ambuja Cements Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Bhatia International Limited - India
- MS Steel International - UAE
- India Bulls Power Limited - India
- Therma Luzon, Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- Deloitte Consulting - India
- New Zealand Coal & Carbon
- Wilmar Investment Holdings
- Cement Manufacturers Association - India
- Indo Tambangraya Megah - Indonesia
- Economic Council, Georgia
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