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Saturday, 09 January 10
IMPORTED, LOCAL COAL TO BE MIXED IN POWER DRIVE
The government is likely to create a pool price of coal, wherein imported coal and Indian coal could be mixed, making the imported coal becomes more affordable for use in power projects. Once implemented, the move would benefit competitively bid private sector power projects where cost of imported coal is not fully reflected in the electricity tariff.
The price differential between domestic and imported coal varies from 50% to 75% level depending on the distance transported. While the landed cost of good quality domestic thermal coal ranges between Rs 3,000 to Rs 4,000 (US$ 65.99 - 87.98) per tonne for travel distance between 100-1500 kilometres, the price of imported coal (Indonesia) varies between Rs 4000-5250 (US$ 87.98 - 115.48) per tonne.
“A policy on pool price of coal is being considered to prevent discrimination against projects using high level of imported coal in a volatile market situation,” an official in the coal ministry said requesting anonymity.
The Planning Commission in its policy prescription for power sector has also favoured price pooling of coal to prevent under priced domestic coal from affecting use of imported coal. The present system has also resulted in higher demand for domestic coal that is affecting fuel supply to several power projects.
Under current system of coal linkage power projects normally get assured linkage of 80-85% of the coal requirement from the domestic market. Remaining coal has to be imported for meeting the full requirement of a power project. (1 USD = 45.4600 INR). To read more EconomicTimes
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Saturday, 09 January 10
THE FAR EAST MARKET STARTED TO STABILIZE - FEARNLEYS
Handy
The FEAST market started to stabilize after the quite holidays and we saw growing activity fed by Chinese coal and iron ore imports and Indi ...
Friday, 08 January 10
SA COAL PRICES TO SPIKE ON RESUMED INDIA BUYING
South African coal prices are set for another price surge to over $100 a ton FOB as Indian and Chinese buyers compete for limited prompt supply, pro ...
Friday, 08 January 10
COLOMBIAN COAL STARTS TO MOVE TO CHINA - TRADERS
* Producer sells cape cargo Colombian coal to China
* Firm bids in freight market
* More shipments expected
Colombian coal is starting to move ...
Thursday, 07 January 10
PT. BUKIT ASAM TO BUILD NEW COAL LOADING TERMINAL AND COAL LOADER
COALspot.com (Indonesia): PT Bukit Asam (Persero) Tbk, Indonesia’s state owned coal mining company, is planning to build an additi ...
Thursday, 07 January 10
RAMKY PLANS COAL MINING IN INDONESIA
Ramky Infrastructure Limited, a Hyderabad-based integrated infrastructure construction and development management company with strategic emphasis on ...
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- Simpson Spence & Young - Indonesia
- IEA Clean Coal Centre - UK
- Sojitz Corporation - Japan
- The State Trading Corporation of India Ltd
- Semirara Mining Corp, Philippines
- McConnell Dowell - Australia
- Metalloyd Limited - United Kingdom
- Iligan Light & Power Inc, Philippines
- Grasim Industreis Ltd - India
- Bhoruka Overseas - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Australian Commodity Traders Exchange
- Merrill Lynch Commodities Europe
- Pipit Mutiara Jaya. PT, Indonesia
- Mercuria Energy - Indonesia
- Chamber of Mines of South Africa
- Indika Energy - Indonesia
- Parry Sugars Refinery, India
- Singapore Mercantile Exchange
- Kapuas Tunggal Persada - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Salva Resources Pvt Ltd - India
- Eastern Energy - Thailand
- Kohat Cement Company Ltd. - Pakistan
- Economic Council, Georgia
- Sakthi Sugars Limited - India
- Global Green Power PLC Corporation, Philippines
- Tata Chemicals Ltd - India
- Formosa Plastics Group - Taiwan
- Altura Mining Limited, Indonesia
- Carbofer General Trading SA - India
- Latin American Coal - Colombia
- Trasteel International SA, Italy
- Directorate Of Revenue Intelligence - India
- Star Paper Mills Limited - India
- Africa Commodities Group - South Africa
- Vedanta Resources Plc - India
- Central Java Power - Indonesia
- Sree Jayajothi Cements Limited - India
- Thiess Contractors Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Power Finance Corporation Ltd., India
- Indian Energy Exchange, India
- GN Power Mariveles Coal Plant, Philippines
- GAC Shipping (India) Pvt Ltd
- Georgia Ports Authority, United States
- Bahari Cakrawala Sebuku - Indonesia
- Agrawal Coal Company - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Wilmar Investment Holdings
- Bukit Makmur.PT - Indonesia
- Interocean Group of Companies - India
- Indonesian Coal Mining Association
- Meenaskhi Energy Private Limited - India
- Coalindo Energy - Indonesia
- Bangladesh Power Developement Board
- Maheswari Brothers Coal Limited - India
- Kideco Jaya Agung - Indonesia
- White Energy Company Limited
- Binh Thuan Hamico - Vietnam
- Ministry of Transport, Egypt
- Essar Steel Hazira Ltd - India
- ASAPP Information Group - India
- Central Electricity Authority - India
- Cement Manufacturers Association - India
- Chettinad Cement Corporation Ltd - India
- Mintek Dendrill Indonesia
- Ceylon Electricity Board - Sri Lanka
- Sindya Power Generating Company Private Ltd
- Indogreen Group - Indonesia
- Holcim Trading Pte Ltd - Singapore
- The Treasury - Australian Government
- Coal and Oil Company - UAE
- Bulk Trading Sa - Switzerland
- Romanian Commodities Exchange
- Larsen & Toubro Limited - India
- Samtan Co., Ltd - South Korea
- LBH Netherlands Bv - Netherlands
- Medco Energi Mining Internasional
- Cigading International Bulk Terminal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Attock Cement Pakistan Limited
- Rashtriya Ispat Nigam Limited - India
- Thai Mozambique Logistica
- Straits Asia Resources Limited - Singapore
- Uttam Galva Steels Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Gujarat Mineral Development Corp Ltd - India
- OPG Power Generation Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Gujarat Electricity Regulatory Commission - India
- SMG Consultants - Indonesia
- SN Aboitiz Power Inc, Philippines
- Mercator Lines Limited - India
- Globalindo Alam Lestari - Indonesia
- Ind-Barath Power Infra Limited - India
- Sinarmas Energy and Mining - Indonesia
- London Commodity Brokers - England
- Vizag Seaport Private Limited - India
- Savvy Resources Ltd - HongKong
- Intertek Mineral Services - Indonesia
- Madhucon Powers Ltd - India
- GMR Energy Limited - India
- Alfred C Toepfer International GmbH - Germany
- Baramulti Group, Indonesia
- Siam City Cement - Thailand
- Minerals Council of Australia
- Energy Development Corp, Philippines
- European Bulk Services B.V. - Netherlands
- Aboitiz Power Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- Bayan Resources Tbk. - Indonesia
- Bharathi Cement Corporation - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bhatia International Limited - India
- Ministry of Mines - Canada
- Ambuja Cements Ltd - India
- GVK Power & Infra Limited - India
- Riau Bara Harum - Indonesia
- Ministry of Finance - Indonesia
- Dalmia Cement Bharat India
- Offshore Bulk Terminal Pte Ltd, Singapore
- PTC India Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Aditya Birla Group - India
- VISA Power Limited - India
- Karaikal Port Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Goldman Sachs - Singapore
- Kartika Selabumi Mining - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Wood Mackenzie - Singapore
- SMC Global Power, Philippines
- Indian Oil Corporation Limited
- The University of Queensland
- Electricity Generating Authority of Thailand
- Meralco Power Generation, Philippines
- TeaM Sual Corporation - Philippines
- Mjunction Services Limited - India
- Bhushan Steel Limited - India
- Renaissance Capital - South Africa
- Rio Tinto Coal - Australia
- Heidelberg Cement - Germany
- Karbindo Abesyapradhi - Indoneisa
- Leighton Contractors Pty Ltd - Australia
- Manunggal Multi Energi - Indonesia
- Siam City Cement PLC, Thailand
- Anglo American - United Kingdom
- Toyota Tsusho Corporation, Japan
- Maharashtra Electricity Regulatory Commission - India
- TNB Fuel Sdn Bhd - Malaysia
- Jaiprakash Power Ventures ltd
- India Bulls Power Limited - India
- San Jose City I Power Corp, Philippines
- Therma Luzon, Inc, Philippines
- PowerSource Philippines DevCo
- MS Steel International - UAE
- Lanco Infratech Ltd - India
- International Coal Ventures Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Kepco SPC Power Corporation, Philippines
- New Zealand Coal & Carbon
- Neyveli Lignite Corporation Ltd, - India
- Deloitte Consulting - India
- Planning Commission, India
- Gujarat Sidhee Cement - India
- Coastal Gujarat Power Limited - India
- IHS Mccloskey Coal Group - USA
- Bukit Baiduri Energy - Indonesia
- CIMB Investment Bank - Malaysia
- PNOC Exploration Corporation - Philippines
- Price Waterhouse Coopers - Russia
- Videocon Industries ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Barasentosa Lestari - Indonesia
- Standard Chartered Bank - UAE
- Billiton Holdings Pty Ltd - Australia
- Timah Investasi Mineral - Indoneisa
- Port Waratah Coal Services - Australia
- Edison Trading Spa - Italy
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Orica Mining Services - Indonesia
- Sical Logistics Limited - India
- Australian Coal Association
- Borneo Indobara - Indonesia
- Eastern Coal Council - USA
- Parliament of New Zealand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Banpu Public Company Limited - Thailand
- Independent Power Producers Association of India
- CNBM International Corporation - China
- South Luzon Thermal Energy Corporation
- Bukit Asam (Persero) Tbk - Indonesia
- Pendopo Energi Batubara - Indonesia
- Energy Link Ltd, New Zealand
- Commonwealth Bank - Australia
- ICICI Bank Limited - India
- Xindia Steels Limited - India
- Tamil Nadu electricity Board
- Marubeni Corporation - India
- Sarangani Energy Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Makarim & Taira - Indonesia
- Orica Australia Pty. Ltd.
- Petron Corporation, Philippines
- Electricity Authority, New Zealand
- Oldendorff Carriers - Singapore
- Posco Energy - South Korea
- Kobexindo Tractors - Indoneisa
- Kumho Petrochemical, South Korea
- Krishnapatnam Port Company Ltd. - India
- Malabar Cements Ltd - India
- Global Business Power Corporation, Philippines
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