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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, 19 December 09
THE FUTURES FOR 2010 - 2012 FIRMED UP COMPARED TO LAST WEEK AND WAS AT AROUND CAPE US$ 28,000 PER DAY - VISTAAR
COALspot.com (Singapore): The freight market continued to soften this week with major drop in the cape size index by almost 21 pct and Panamax , Sup ...
Friday, 18 December 09
CARGOTEC WINS IBJ'S BEST SHIP LOADING / UNLOADING SYSTEM AWARD WITH SIWERTELL
Cargotec’s Siwertell ship unloader has recently won International Bulk Journal’s best ship loading/unloading system award for 2009; out ...
Friday, 18 December 09
THERMAL COAL PROJECT MOVES AHEAD
A proposal for Australia's largest thermal coal project in Queensland's central west has taken a step forward.
Hancock Prospecting is proposing ...
Friday, 18 December 09
CHURCHILL MINING COMPLETES FEASIBILITY STUDY FOR EAST KUTAI COAL PROJECT
Churchill Mining Plc has announced the completion of the feasibility study for its flagship project, the 75% held East Kutai coal project in Indones ...
Friday, 18 December 09
COKING COAL SHORTAGE IN CHINA TO SPUR DEMAND FIGHT WITH JAPAN
China, the world’s largest steelmaker, faces a shortage of coking coal that may drive imports next year and spur a fight for resources with Ja ...
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- Kartika Selabumi Mining - Indonesia
- Edison Trading Spa - Italy
- Indian Energy Exchange, India
- Holcim Trading Pte Ltd - Singapore
- Iligan Light & Power Inc, Philippines
- Gujarat Sidhee Cement - India
- Jaiprakash Power Ventures ltd
- Maheswari Brothers Coal Limited - India
- Bangladesh Power Developement Board
- Mercator Lines Limited - India
- Semirara Mining Corp, Philippines
- Ministry of Finance - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Mintek Dendrill Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- MS Steel International - UAE
- Malabar Cements Ltd - India
- McConnell Dowell - Australia
- Ceylon Electricity Board - Sri Lanka
- Straits Asia Resources Limited - Singapore
- Xindia Steels Limited - India
- Ministry of Transport, Egypt
- Kohat Cement Company Ltd. - Pakistan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Planning Commission, India
- Salva Resources Pvt Ltd - India
- Madhucon Powers Ltd - India
- European Bulk Services B.V. - Netherlands
- Chettinad Cement Corporation Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Larsen & Toubro Limited - India
- Manunggal Multi Energi - Indonesia
- Baramulti Group, Indonesia
- Coal and Oil Company - UAE
- Indogreen Group - Indonesia
- Electricity Generating Authority of Thailand
- Central Java Power - Indonesia
- Bulk Trading Sa - Switzerland
- Directorate Of Revenue Intelligence - India
- Rio Tinto Coal - Australia
- Indika Energy - Indonesia
- Latin American Coal - Colombia
- Medco Energi Mining Internasional
- Star Paper Mills Limited - India
- Kumho Petrochemical, South Korea
- Formosa Plastics Group - Taiwan
- Sinarmas Energy and Mining - Indonesia
- Sarangani Energy Corporation, Philippines
- Australian Commodity Traders Exchange
- Kaltim Prima Coal - Indonesia
- Carbofer General Trading SA - India
- Parry Sugars Refinery, India
- ICICI Bank Limited - India
- Port Waratah Coal Services - Australia
- Bharathi Cement Corporation - India
- Makarim & Taira - Indonesia
- Therma Luzon, Inc, Philippines
- Dalmia Cement Bharat India
- Power Finance Corporation Ltd., India
- Petrochimia International Co. Ltd.- Taiwan
- Altura Mining Limited, Indonesia
- SMG Consultants - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Posco Energy - South Korea
- Sojitz Corporation - Japan
- Maharashtra Electricity Regulatory Commission - India
- Independent Power Producers Association of India
- Miang Besar Coal Terminal - Indonesia
- Anglo American - United Kingdom
- Eastern Coal Council - USA
- Indonesian Coal Mining Association
- PowerSource Philippines DevCo
- CNBM International Corporation - China
- Australian Coal Association
- PetroVietnam Power Coal Import and Supply Company
- Antam Resourcindo - Indonesia
- Cement Manufacturers Association - India
- Vizag Seaport Private Limited - India
- Wood Mackenzie - Singapore
- Economic Council, Georgia
- Orica Mining Services - Indonesia
- PTC India Limited - India
- London Commodity Brokers - England
- Toyota Tsusho Corporation, Japan
- Directorate General of MIneral and Coal - Indonesia
- Kobexindo Tractors - Indoneisa
- Georgia Ports Authority, United States
- Intertek Mineral Services - Indonesia
- The Treasury - Australian Government
- OPG Power Generation Pvt Ltd - India
- Bhushan Steel Limited - India
- PNOC Exploration Corporation - Philippines
- VISA Power Limited - India
- Tata Chemicals Ltd - India
- Vedanta Resources Plc - India
- Karaikal Port Pvt Ltd - India
- Heidelberg Cement - Germany
- Meenaskhi Energy Private Limited - India
- IEA Clean Coal Centre - UK
- New Zealand Coal & Carbon
- Ind-Barath Power Infra Limited - India
- Essar Steel Hazira Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Bhatia International Limited - India
- Merrill Lynch Commodities Europe
- Aditya Birla Group - India
- The State Trading Corporation of India Ltd
- Parliament of New Zealand
- Renaissance Capital - South Africa
- IHS Mccloskey Coal Group - USA
- Asmin Koalindo Tuhup - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- GAC Shipping (India) Pvt Ltd
- Meralco Power Generation, Philippines
- Coalindo Energy - Indonesia
- Oldendorff Carriers - Singapore
- Bukit Baiduri Energy - Indonesia
- Wilmar Investment Holdings
- Pipit Mutiara Jaya. PT, Indonesia
- Deloitte Consulting - India
- Commonwealth Bank - Australia
- Krishnapatnam Port Company Ltd. - India
- Orica Australia Pty. Ltd.
- Sree Jayajothi Cements Limited - India
- South Luzon Thermal Energy Corporation
- Globalindo Alam Lestari - Indonesia
- Kepco SPC Power Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Gujarat Electricity Regulatory Commission - India
- Global Business Power Corporation, Philippines
- Standard Chartered Bank - UAE
- Lanco Infratech Ltd - India
- Bayan Resources Tbk. - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Mjunction Services Limited - India
- SN Aboitiz Power Inc, Philippines
- Thiess Contractors Indonesia
- Indo Tambangraya Megah - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Simpson Spence & Young - Indonesia
- Jindal Steel & Power Ltd - India
- Siam City Cement PLC, Thailand
- SMC Global Power, Philippines
- Semirara Mining and Power Corporation, Philippines
- Mercuria Energy - Indonesia
- Sical Logistics Limited - India
- Samtan Co., Ltd - South Korea
- Indian Oil Corporation Limited
- Savvy Resources Ltd - HongKong
- GMR Energy Limited - India
- Timah Investasi Mineral - Indoneisa
- Petron Corporation, Philippines
- White Energy Company Limited
- Energy Link Ltd, New Zealand
- Sindya Power Generating Company Private Ltd
- Goldman Sachs - Singapore
- Uttam Galva Steels Limited - India
- Marubeni Corporation - India
- Leighton Contractors Pty Ltd - Australia
- Bhoruka Overseas - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Makmur.PT - Indonesia
- Sakthi Sugars Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- CIMB Investment Bank - Malaysia
- Metalloyd Limited - United Kingdom
- Kapuas Tunggal Persada - Indonesia
- Tamil Nadu electricity Board
- Price Waterhouse Coopers - Russia
- Neyveli Lignite Corporation Ltd, - India
- GVK Power & Infra Limited - India
- Energy Development Corp, Philippines
- LBH Netherlands Bv - Netherlands
- Grasim Industreis Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Aboitiz Power Corporation - Philippines
- India Bulls Power Limited - India
- Chamber of Mines of South Africa
- ASAPP Information Group - India
- Binh Thuan Hamico - Vietnam
- Minerals Council of Australia
- Africa Commodities Group - South Africa
- Karbindo Abesyapradhi - Indoneisa
- San Jose City I Power Corp, Philippines
- Ambuja Cements Ltd - India
- Borneo Indobara - Indonesia
- Global Coal Blending Company Limited - Australia
- Kideco Jaya Agung - Indonesia
- Interocean Group of Companies - India
- The University of Queensland
- Agrawal Coal Company - India
- Gujarat Mineral Development Corp Ltd - India
- Coastal Gujarat Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Riau Bara Harum - Indonesia
- Ministry of Mines - Canada
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Attock Cement Pakistan Limited
- Pendopo Energi Batubara - Indonesia
- Central Electricity Authority - India
- International Coal Ventures Pvt Ltd - India
- Videocon Industries ltd - India
- Electricity Authority, New Zealand
- Global Green Power PLC Corporation, Philippines
- Singapore Mercantile Exchange
- Barasentosa Lestari - Indonesia
- Trasteel International SA, Italy
- Thai Mozambique Logistica
- Eastern Energy - Thailand
- Romanian Commodities Exchange
- Siam City Cement - Thailand
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