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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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Monday, 04 January 10
TOKYO ELECTRIC SEALS XSTRATA COAL DEAL
Tokyo Electric Power Co has agreed to pay about $US85 a tonne for Australian thermal coal in 2010 from miner Xstrata, a source familiar with the pri ...
Monday, 04 January 10
IND-BARATH TO SHIFT PROJECT FROM AP TO TN
Hyderabad-based power producer Ind–Barath is planning to set up a power plant at Tuticorin, Tamil Nadu. The proposed project would attract inv ...
Sunday, 03 January 10
NEWCASTLE THERMAL COAL PRICES FALL IN FIRST DECLINE IN 3 WEEKS
Power-station coal prices at Australia’s Newcastle port, a benchmark for Asia, declined 1.5 percent, falling for the first time in three weeks ...
Sunday, 03 January 10
NTPC SEEKS REPORT ON TRANSPORTING COAL THROUGH WATERWAYS
State-run National Thermal Power Corporation (NTPC), the country’s largest power utility, has asked for a “holistic” feasibility r ...
Sunday, 03 January 10
BHP TO STAY IN MARUWAI AND TO KEEP 75 PERCENT OF THE STAKE
Despite recent statements that it would pull out completely from Indonesia, the world's largest mining company BHP Billiton has now admitted that i ...
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- Aditya Birla Group - India
- Chamber of Mines of South Africa
- PowerSource Philippines DevCo
- Ministry of Transport, Egypt
- Sinarmas Energy and Mining - Indonesia
- LBH Netherlands Bv - Netherlands
- Therma Luzon, Inc, Philippines
- McConnell Dowell - Australia
- Ministry of Finance - Indonesia
- Gujarat Sidhee Cement - India
- GN Power Mariveles Coal Plant, Philippines
- Antam Resourcindo - Indonesia
- Bangladesh Power Developement Board
- Timah Investasi Mineral - Indoneisa
- Simpson Spence & Young - Indonesia
- The Treasury - Australian Government
- MS Steel International - UAE
- Thiess Contractors Indonesia
- Indian Oil Corporation Limited
- Bahari Cakrawala Sebuku - Indonesia
- Formosa Plastics Group - Taiwan
- Bharathi Cement Corporation - India
- Posco Energy - South Korea
- Coastal Gujarat Power Limited - India
- Globalindo Alam Lestari - Indonesia
- Central Electricity Authority - India
- Dalmia Cement Bharat India
- TNB Fuel Sdn Bhd - Malaysia
- Romanian Commodities Exchange
- Petron Corporation, Philippines
- Orica Mining Services - Indonesia
- PTC India Limited - India
- Parry Sugars Refinery, India
- Energy Development Corp, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Heidelberg Cement - Germany
- Vizag Seaport Private Limited - India
- Port Waratah Coal Services - Australia
- Salva Resources Pvt Ltd - India
- India Bulls Power Limited - India
- Intertek Mineral Services - Indonesia
- Parliament of New Zealand
- Bukit Baiduri Energy - Indonesia
- Attock Cement Pakistan Limited
- Economic Council, Georgia
- Semirara Mining Corp, Philippines
- Agrawal Coal Company - India
- Sical Logistics Limited - India
- Bhoruka Overseas - Indonesia
- ASAPP Information Group - India
- Riau Bara Harum - Indonesia
- Ambuja Cements Ltd - India
- Merrill Lynch Commodities Europe
- Indo Tambangraya Megah - Indonesia
- Maheswari Brothers Coal Limited - India
- OPG Power Generation Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Wilmar Investment Holdings
- Billiton Holdings Pty Ltd - Australia
- Electricity Authority, New Zealand
- Cigading International Bulk Terminal - Indonesia
- Renaissance Capital - South Africa
- Kepco SPC Power Corporation, Philippines
- Thai Mozambique Logistica
- Baramulti Group, Indonesia
- International Coal Ventures Pvt Ltd - India
- Coal and Oil Company - UAE
- Kalimantan Lumbung Energi - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Price Waterhouse Coopers - Russia
- Kumho Petrochemical, South Korea
- Petrochimia International Co. Ltd.- Taiwan
- Meralco Power Generation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Directorate Of Revenue Intelligence - India
- Binh Thuan Hamico - Vietnam
- Goldman Sachs - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Tamil Nadu electricity Board
- SN Aboitiz Power Inc, Philippines
- Rio Tinto Coal - Australia
- Deloitte Consulting - India
- Semirara Mining and Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Independent Power Producers Association of India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Carbofer General Trading SA - India
- Electricity Generating Authority of Thailand
- Minerals Council of Australia
- Samtan Co., Ltd - South Korea
- Bukit Asam (Persero) Tbk - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bhatia International Limited - India
- Toyota Tsusho Corporation, Japan
- Straits Asia Resources Limited - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Videocon Industries ltd - India
- ICICI Bank Limited - India
- PNOC Exploration Corporation - Philippines
- Neyveli Lignite Corporation Ltd, - India
- Wood Mackenzie - Singapore
- Sree Jayajothi Cements Limited - India
- Oldendorff Carriers - Singapore
- Meenaskhi Energy Private Limited - India
- Australian Commodity Traders Exchange
- Iligan Light & Power Inc, Philippines
- Jaiprakash Power Ventures ltd
- Siam City Cement PLC, Thailand
- Sarangani Energy Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Cement Manufacturers Association - India
- SMC Global Power, Philippines
- TeaM Sual Corporation - Philippines
- Energy Link Ltd, New Zealand
- Bulk Trading Sa - Switzerland
- Xindia Steels Limited - India
- SMG Consultants - Indonesia
- Australian Coal Association
- Barasentosa Lestari - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Krishnapatnam Port Company Ltd. - India
- Jindal Steel & Power Ltd - India
- Africa Commodities Group - South Africa
- Medco Energi Mining Internasional
- Eastern Coal Council - USA
- Latin American Coal - Colombia
- Metalloyd Limited - United Kingdom
- Indika Energy - Indonesia
- Central Java Power - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Planning Commission, India
- Trasteel International SA, Italy
- Sindya Power Generating Company Private Ltd
- Kartika Selabumi Mining - Indonesia
- Interocean Group of Companies - India
- Essar Steel Hazira Ltd - India
- Marubeni Corporation - India
- European Bulk Services B.V. - Netherlands
- South Luzon Thermal Energy Corporation
- Karaikal Port Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- Siam City Cement - Thailand
- Larsen & Toubro Limited - India
- The University of Queensland
- Orica Australia Pty. Ltd.
- Eastern Energy - Thailand
- Standard Chartered Bank - UAE
- Indian Energy Exchange, India
- Singapore Mercantile Exchange
- Borneo Indobara - Indonesia
- Bhushan Steel Limited - India
- Madhucon Powers Ltd - India
- Global Green Power PLC Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Tata Chemicals Ltd - India
- Kaltim Prima Coal - Indonesia
- Edison Trading Spa - Italy
- Mercator Lines Limited - India
- Banpu Public Company Limited - Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- The State Trading Corporation of India Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- White Energy Company Limited
- Malabar Cements Ltd - India
- Indogreen Group - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Altura Mining Limited, Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Mjunction Services Limited - India
- Ministry of Mines - Canada
- London Commodity Brokers - England
- CNBM International Corporation - China
- IHS Mccloskey Coal Group - USA
- Chettinad Cement Corporation Ltd - India
- Bayan Resources Tbk. - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- GMR Energy Limited - India
- San Jose City I Power Corp, Philippines
- Rashtriya Ispat Nigam Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Indonesian Coal Mining Association
- Lanco Infratech Ltd - India
- Grasim Industreis Ltd - India
- Global Coal Blending Company Limited - Australia
- Vedanta Resources Plc - India
- Commonwealth Bank - Australia
- Gujarat Electricity Regulatory Commission - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coalindo Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mercuria Energy - Indonesia
- Makarim & Taira - Indonesia
- Power Finance Corporation Ltd., India
- Sojitz Corporation - Japan
- GVK Power & Infra Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- AsiaOL BioFuels Corp., Philippines
- Sakthi Sugars Limited - India
- Star Paper Mills Limited - India
- New Zealand Coal & Carbon
- IEA Clean Coal Centre - UK
- Mintek Dendrill Indonesia
- VISA Power Limited - India
- Anglo American - United Kingdom
- CIMB Investment Bank - Malaysia
- Global Business Power Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Kideco Jaya Agung - Indonesia
- Uttam Galva Steels Limited - India
- Leighton Contractors Pty Ltd - Australia
- Georgia Ports Authority, United States
- Holcim Trading Pte Ltd - Singapore
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