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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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Monday, 06 December 21
CHINA SETS 2022 ANNUAL THERMAL COAL PRICES AT 700 YUAN/T - MEDIA: REUTERS
China’s top economic planner has proposed to set annual thermal coal prices for 2022 at between 550 yuan and 850 yuan ($86-$133) per tonne, a ...
Thursday, 02 December 21
BUMI RECORDED US$ 666.18 MILLION AS REVENUE IN THE 3RD QUARTER, UP 13.31% YOY
PT Bumi Resources Tbk and its subsidiaries have recorded a surge in revenue in the third quarter of 2021. BUMI has recorded US$ 666.18 million as r ...
Thursday, 02 December 21
CHINA'S COAL CRUNCH IS OVER, BUT PRICES ARE STILL TOO HIGH - REUTERS
China’s coal crisis has largely been resolved with gains in both production and stockpiles sufficient to ensure power supplies over winter.
...
Wednesday, 01 December 21
2022 OUTLOOK: INDONESIAN COAL MINING - FITCH RATINGS
Fitch Ratings has a neutral outlook on the Indonesian coal sector for 2022.
Earnings generation should slow down as selling pr ...
Wednesday, 01 December 21
SUPPLY OF COAL TO POWER PLANTS IN NOV MORE THAN CONSUMPTION: JOSHI - PTI
The supply of coal to power plants in November is more than the consumption, resulting in rise in stock of dry fuel at power plants, and this trend ...
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- Central Java Power - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Renaissance Capital - South Africa
- Coalindo Energy - Indonesia
- Semirara Mining Corp, Philippines
- GAC Shipping (India) Pvt Ltd
- Eastern Energy - Thailand
- Cigading International Bulk Terminal - Indonesia
- The University of Queensland
- Indian Energy Exchange, India
- Videocon Industries ltd - India
- Rio Tinto Coal - Australia
- GVK Power & Infra Limited - India
- Orica Australia Pty. Ltd.
- Attock Cement Pakistan Limited
- Krishnapatnam Port Company Ltd. - India
- Therma Luzon, Inc, Philippines
- Antam Resourcindo - Indonesia
- Indo Tambangraya Megah - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Pipit Mutiara Jaya. PT, Indonesia
- Holcim Trading Pte Ltd - Singapore
- Essar Steel Hazira Ltd - India
- Altura Mining Limited, Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Energy Link Ltd, New Zealand
- Kohat Cement Company Ltd. - Pakistan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sical Logistics Limited - India
- Heidelberg Cement - Germany
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Power Finance Corporation Ltd., India
- Vijayanagar Sugar Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- SN Aboitiz Power Inc, Philippines
- Thai Mozambique Logistica
- New Zealand Coal & Carbon
- Samtan Co., Ltd - South Korea
- GMR Energy Limited - India
- Bulk Trading Sa - Switzerland
- Binh Thuan Hamico - Vietnam
- Tamil Nadu electricity Board
- Jaiprakash Power Ventures ltd
- Central Electricity Authority - India
- GN Power Mariveles Coal Plant, Philippines
- Kaltim Prima Coal - Indonesia
- Economic Council, Georgia
- Cement Manufacturers Association - India
- Price Waterhouse Coopers - Russia
- Vizag Seaport Private Limited - India
- Billiton Holdings Pty Ltd - Australia
- Planning Commission, India
- Tata Chemicals Ltd - India
- Port Waratah Coal Services - Australia
- Salva Resources Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Siam City Cement PLC, Thailand
- Makarim & Taira - Indonesia
- Indika Energy - Indonesia
- Oldendorff Carriers - Singapore
- Marubeni Corporation - India
- PTC India Limited - India
- Electricity Authority, New Zealand
- Global Green Power PLC Corporation, Philippines
- The Treasury - Australian Government
- Energy Development Corp, Philippines
- Iligan Light & Power Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- European Bulk Services B.V. - Netherlands
- TeaM Sual Corporation - Philippines
- Gujarat Sidhee Cement - India
- Jindal Steel & Power Ltd - India
- Parry Sugars Refinery, India
- Edison Trading Spa - Italy
- Mercator Lines Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Ind-Barath Power Infra Limited - India
- Africa Commodities Group - South Africa
- Ministry of Finance - Indonesia
- Bhushan Steel Limited - India
- Sindya Power Generating Company Private Ltd
- Ambuja Cements Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Standard Chartered Bank - UAE
- Deloitte Consulting - India
- SMG Consultants - Indonesia
- Global Business Power Corporation, Philippines
- Baramulti Group, Indonesia
- Merrill Lynch Commodities Europe
- Neyveli Lignite Corporation Ltd, - India
- Uttam Galva Steels Limited - India
- Bukit Baiduri Energy - Indonesia
- Commonwealth Bank - Australia
- CNBM International Corporation - China
- Thiess Contractors Indonesia
- Vedanta Resources Plc - India
- Mercuria Energy - Indonesia
- SMC Global Power, Philippines
- Intertek Mineral Services - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kumho Petrochemical, South Korea
- IEA Clean Coal Centre - UK
- Sakthi Sugars Limited - India
- Kideco Jaya Agung - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Carbofer General Trading SA - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Goldman Sachs - Singapore
- Borneo Indobara - Indonesia
- Pendopo Energi Batubara - Indonesia
- Kepco SPC Power Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- ICICI Bank Limited - India
- Global Coal Blending Company Limited - Australia
- Singapore Mercantile Exchange
- Wilmar Investment Holdings
- CIMB Investment Bank - Malaysia
- Karbindo Abesyapradhi - Indoneisa
- Georgia Ports Authority, United States
- South Luzon Thermal Energy Corporation
- Bayan Resources Tbk. - Indonesia
- MS Steel International - UAE
- Coal and Oil Company - UAE
- Karaikal Port Pvt Ltd - India
- Ministry of Transport, Egypt
- Siam City Cement - Thailand
- Eastern Coal Council - USA
- Miang Besar Coal Terminal - Indonesia
- Trasteel International SA, Italy
- Mjunction Services Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Lanco Infratech Ltd - India
- Mintek Dendrill Indonesia
- Posco Energy - South Korea
- Toyota Tsusho Corporation, Japan
- Bahari Cakrawala Sebuku - Indonesia
- Meralco Power Generation, Philippines
- Australian Coal Association
- Chamber of Mines of South Africa
- Semirara Mining and Power Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Larsen & Toubro Limited - India
- Medco Energi Mining Internasional
- Sojitz Corporation - Japan
- Wood Mackenzie - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Globalindo Alam Lestari - Indonesia
- PowerSource Philippines DevCo
- Dalmia Cement Bharat India
- Simpson Spence & Young - Indonesia
- Sarangani Energy Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Straits Asia Resources Limited - Singapore
- OPG Power Generation Pvt Ltd - India
- Petron Corporation, Philippines
- Australian Commodity Traders Exchange
- Manunggal Multi Energi - Indonesia
- Latin American Coal - Colombia
- McConnell Dowell - Australia
- Bharathi Cement Corporation - India
- Orica Mining Services - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Star Paper Mills Limited - India
- Anglo American - United Kingdom
- Indogreen Group - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Indonesian Coal Mining Association
- Formosa Plastics Group - Taiwan
- Interocean Group of Companies - India
- Riau Bara Harum - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Aboitiz Power Corporation - Philippines
- Bukit Makmur.PT - Indonesia
- Madhucon Powers Ltd - India
- The State Trading Corporation of India Ltd
- VISA Power Limited - India
- Malabar Cements Ltd - India
- Chettinad Cement Corporation Ltd - India
- Agrawal Coal Company - India
- Metalloyd Limited - United Kingdom
- Indian Oil Corporation Limited
- ASAPP Information Group - India
- Minerals Council of Australia
- Electricity Generating Authority of Thailand
- IHS Mccloskey Coal Group - USA
- Romanian Commodities Exchange
- Kobexindo Tractors - Indoneisa
- Barasentosa Lestari - Indonesia
- Bhatia International Limited - India
- Bangladesh Power Developement Board
- International Coal Ventures Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Coastal Gujarat Power Limited - India
- Grasim Industreis Ltd - India
- London Commodity Brokers - England
- Aditya Birla Group - India
- Independent Power Producers Association of India
- Xindia Steels Limited - India
- Ministry of Mines - Canada
- India Bulls Power Limited - India
- Savvy Resources Ltd - HongKong
- San Jose City I Power Corp, Philippines
- PNOC Exploration Corporation - Philippines
- Directorate Of Revenue Intelligence - India
- Banpu Public Company Limited - Thailand
- White Energy Company Limited
- Parliament of New Zealand
- Petrochimia International Co. Ltd.- Taiwan
- Meenaskhi Energy Private Limited - India
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