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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, 13 October 21
FBX INDEX: THE IMPOSSIBILITY OF SHORT-TERM FORECASTING - LARS JENSEN
Will freight rates on Asia-Europe or the Transpacific reach 40.000 USD/FFE in the run-up prior to Chinese New Year 2022? Or will they start droppin ...
Wednesday, 13 October 21
CHINA FLOODS: COAL PRICE HITS FRESH HIGH AS MINES SHUT - BBC
The price of coal used in China’s power plants has surged to a new record high as another of the country’s key mining regions is hit by ...
Tuesday, 12 October 21
BUMA SIGNS CONDITIONAL AGREEMENT FOR AUSTRALIAN ASSET ACQUISITION
PT Tbk. announced that its subsidiary, PT Bukit Makmur Mandiri Utama, through its newly incorporated Australian subsidiary, BUMA International Pty ...
Tuesday, 12 October 21
INDONESIA'S COAL-BASED POWER PLANTS ARE SUBJECT TO CARBON TAX NEXT YEAR, ELECTRICITY COSTS COULD RISE! - CNBC
The Indonesian government is planning plans to implement a carbon tax of IDR 30 per kilogram (kg) of carbon dioxide equivalent (CO2e) or equivalent ...
Monday, 11 October 21
COAL ABANDONMENT IN POWER GENERATION PROMOTED GAS DEMAND GROWTH IN EUROPE - TOP MANAGER: TASS
Accelerated abandonment of coal in power generation and the overall recovery of economic activity facilitated gas demand growth in Europe and led t ...
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- Ambuja Cements Ltd - India
- Standard Chartered Bank - UAE
- Billiton Holdings Pty Ltd - Australia
- Coalindo Energy - Indonesia
- VISA Power Limited - India
- Jindal Steel & Power Ltd - India
- Georgia Ports Authority, United States
- Jorong Barutama Greston.PT - Indonesia
- Kideco Jaya Agung - Indonesia
- Mercuria Energy - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Energy Link Ltd, New Zealand
- Bulk Trading Sa - Switzerland
- Ceylon Electricity Board - Sri Lanka
- Eastern Coal Council - USA
- Metalloyd Limited - United Kingdom
- Mjunction Services Limited - India
- Chettinad Cement Corporation Ltd - India
- PNOC Exploration Corporation - Philippines
- Electricity Generating Authority of Thailand
- Economic Council, Georgia
- Barasentosa Lestari - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Uttam Galva Steels Limited - India
- Meenaskhi Energy Private Limited - India
- Directorate Of Revenue Intelligence - India
- LBH Netherlands Bv - Netherlands
- Indogreen Group - Indonesia
- Bukit Baiduri Energy - Indonesia
- Parliament of New Zealand
- Sical Logistics Limited - India
- Tata Chemicals Ltd - India
- Sree Jayajothi Cements Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- London Commodity Brokers - England
- Cement Manufacturers Association - India
- Siam City Cement PLC, Thailand
- Simpson Spence & Young - Indonesia
- Electricity Authority, New Zealand
- Madhucon Powers Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Trasteel International SA, Italy
- Banpu Public Company Limited - Thailand
- Directorate General of MIneral and Coal - Indonesia
- MS Steel International - UAE
- Formosa Plastics Group - Taiwan
- Chamber of Mines of South Africa
- Vedanta Resources Plc - India
- The Treasury - Australian Government
- Kaltim Prima Coal - Indonesia
- International Coal Ventures Pvt Ltd - India
- GVK Power & Infra Limited - India
- Pendopo Energi Batubara - Indonesia
- Kobexindo Tractors - Indoneisa
- Orica Australia Pty. Ltd.
- Kalimantan Lumbung Energi - Indonesia
- San Jose City I Power Corp, Philippines
- Global Green Power PLC Corporation, Philippines
- Coal and Oil Company - UAE
- Bangladesh Power Developement Board
- Thai Mozambique Logistica
- Ind-Barath Power Infra Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Heidelberg Cement - Germany
- Iligan Light & Power Inc, Philippines
- Salva Resources Pvt Ltd - India
- GMR Energy Limited - India
- Attock Cement Pakistan Limited
- Australian Commodity Traders Exchange
- PowerSource Philippines DevCo
- Eastern Energy - Thailand
- Edison Trading Spa - Italy
- Manunggal Multi Energi - Indonesia
- CNBM International Corporation - China
- Kapuas Tunggal Persada - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Essar Steel Hazira Ltd - India
- Indian Oil Corporation Limited
- Aboitiz Power Corporation - Philippines
- Lanco Infratech Ltd - India
- Deloitte Consulting - India
- Marubeni Corporation - India
- SMG Consultants - Indonesia
- Baramulti Group, Indonesia
- Africa Commodities Group - South Africa
- Singapore Mercantile Exchange
- Independent Power Producers Association of India
- Holcim Trading Pte Ltd - Singapore
- Interocean Group of Companies - India
- SN Aboitiz Power Inc, Philippines
- Sojitz Corporation - Japan
- Ministry of Finance - Indonesia
- Agrawal Coal Company - India
- Kohat Cement Company Ltd. - Pakistan
- Timah Investasi Mineral - Indoneisa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Global Business Power Corporation, Philippines
- Meralco Power Generation, Philippines
- Sarangani Energy Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Semirara Mining and Power Corporation, Philippines
- Indika Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Miang Besar Coal Terminal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- TeaM Sual Corporation - Philippines
- Parry Sugars Refinery, India
- Siam City Cement - Thailand
- India Bulls Power Limited - India
- Indian Energy Exchange, India
- Price Waterhouse Coopers - Russia
- Ministry of Mines - Canada
- Offshore Bulk Terminal Pte Ltd, Singapore
- Grasim Industreis Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Dalmia Cement Bharat India
- Kumho Petrochemical, South Korea
- CIMB Investment Bank - Malaysia
- GAC Shipping (India) Pvt Ltd
- Rio Tinto Coal - Australia
- Ministry of Transport, Egypt
- Global Coal Blending Company Limited - Australia
- Maheswari Brothers Coal Limited - India
- Kartika Selabumi Mining - Indonesia
- Jaiprakash Power Ventures ltd
- Commonwealth Bank - Australia
- Romanian Commodities Exchange
- Bahari Cakrawala Sebuku - Indonesia
- South Luzon Thermal Energy Corporation
- Kepco SPC Power Corporation, Philippines
- Indonesian Coal Mining Association
- ICICI Bank Limited - India
- Wilmar Investment Holdings
- ASAPP Information Group - India
- Mintek Dendrill Indonesia
- PTC India Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Binh Thuan Hamico - Vietnam
- Central Java Power - Indonesia
- Tamil Nadu electricity Board
- OPG Power Generation Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Intertek Mineral Services - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Planning Commission, India
- Altura Mining Limited, Indonesia
- McConnell Dowell - Australia
- Videocon Industries ltd - India
- Oldendorff Carriers - Singapore
- SMC Global Power, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- New Zealand Coal & Carbon
- Semirara Mining Corp, Philippines
- Latin American Coal - Colombia
- Makarim & Taira - Indonesia
- Bharathi Cement Corporation - India
- Minerals Council of Australia
- Australian Coal Association
- Star Paper Mills Limited - India
- Straits Asia Resources Limited - Singapore
- Mercator Lines Limited - India
- Alfred C Toepfer International GmbH - Germany
- Gujarat Sidhee Cement - India
- Xindia Steels Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Posco Energy - South Korea
- Petrochimia International Co. Ltd.- Taiwan
- Riau Bara Harum - Indonesia
- Thiess Contractors Indonesia
- Rashtriya Ispat Nigam Limited - India
- White Energy Company Limited
- Renaissance Capital - South Africa
- Bukit Makmur.PT - Indonesia
- Bhatia International Limited - India
- Indo Tambangraya Megah - Indonesia
- IEA Clean Coal Centre - UK
- The University of Queensland
- Larsen & Toubro Limited - India
- Aditya Birla Group - India
- Orica Mining Services - Indonesia
- Borneo Indobara - Indonesia
- The State Trading Corporation of India Ltd
- Sakthi Sugars Limited - India
- Sinarmas Energy and Mining - Indonesia
- Coastal Gujarat Power Limited - India
- Bhoruka Overseas - Indonesia
- Globalindo Alam Lestari - Indonesia
- Vizag Seaport Private Limited - India
- Karbindo Abesyapradhi - Indoneisa
- AsiaOL BioFuels Corp., Philippines
- Antam Resourcindo - Indonesia
- Bayan Resources Tbk. - Indonesia
- Merrill Lynch Commodities Europe
- Maharashtra Electricity Regulatory Commission - India
- Neyveli Lignite Corporation Ltd, - India
- Medco Energi Mining Internasional
- Malabar Cements Ltd - India
- Petron Corporation, Philippines
- Energy Development Corp, Philippines
- Sindya Power Generating Company Private Ltd
- Savvy Resources Ltd - HongKong
- Therma Luzon, Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- Central Electricity Authority - India
- Carbofer General Trading SA - India
- IHS Mccloskey Coal Group - USA
- Port Waratah Coal Services - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Cigading International Bulk Terminal - Indonesia
- Bhushan Steel Limited - India
- Goldman Sachs - Singapore
- Wood Mackenzie - Singapore
- Karaikal Port Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Power Finance Corporation Ltd., India
- Anglo American - United Kingdom
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