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GCV
Power engineers' body seeks withdrawal of Centre's directive to gencos for coal importsIt explained that these state gencos (power generation companies) have been thus exposed to the risk of overcharging, fudging of GCV values...- DRI probes over-valuation of coal imports by power companiesThe Directorate of Revenue Intelligence (DRI) has issued a nationwide alert to its offices and customs formations to scrutinise coal import...
- Real gas price for companies to be $6.2 per unitThe key change in the new formula is a shift from net calorific value to gross calorific value for calculating the price for each unit of g...
- Multiple grade slippages in coal supply to NTPC by CILThe issue of coal quality had last year had resulted in a standoff between the country's largest power producer NTPC and the world's larges...
- RIL to charge KG-D6 gas consumers on revised terms from AprilReliance Industries today said it will from next month charge consumers of its KG-D6 gas on changed terms.
- RIL changes contracts, gas price to rise 10% over new rate of $ 8.3A senior official in the fertiliser ministry said his ministry has taken up the issue of changes made by RIL in the GSPA with the Oil Minis...
- NTPC clocks Rs 2,527 crore profit in Q1NTPC posted a marginal rise in net profit at Rs 2,527.02 crore in the first quarter ended June 30, 2013, even as total income declined.
- Coal India thrusts high-quality fuel on non-power companies"CIL reduced prices of this category recently, yet buyers are finding the international variety a shade cheaper," a CIL official said.
- Now, imported coal more viable for power companies in coastal areas: ExpertsRecent drop in international prices will benefit importers in coastal areas and those buying fuel from Coal India's mines under a special c...
- CIL-NTPC wrangle: Tripartite meeting with government officials soonA tripartite meeting involving government officials will take place soon for the final settlement of issues between Coal India and NTPC.
- Coal India to raise prices of select gradesCost of power generation for companies in Maharashtra is slated to rise as Coal India will hike price of coal supplied by Western Coalfield...
- Coal India Ltd rolls back hike in coal pricesCoal India Ltd (CIL) today rolled back the hike in coal prices it effected from January 1 in the face of stiff opposition from user firms.
- Coal prices under new CIL formula to be lowered by January 30The Coal Ministry today said coal prices under CIL's new pricing mechanism will be revised downward by the end of the current month.
- CIL's pricing formula may increase generation cost by 40%: NTPCNTPC joined the chorus of voices opposed to CIL's new coal pricing mechanism, asserting that it could lead to an increase in its generation...
- Not contemplating hiking prices at this point: NC Jha, Coal IndiaWe have by and large covered wage revision in the provisions that we made in the first quarter. We will be making similar provisions in the...
- Govt to review new pricing mechanism of Coal India on January 20Sriprakash Jaiswal today said CIL's new pricing mechanism will be reviewed on January 20 and will come out with a solution in the next seve...
- Industry bodies oppose Coal India's Gross Calorific Value (GCV) grading systemTwo leading industry bodies here have opposed GCV based grading system adopted by Coal India which has increased coal prices.
- New coal pricing system may be suspendedThe ministry of power has asked coal ministry to suspend the new coal pricing system based on GCV, introduced by the state-owned Coal India.
- Coal India to restructure coal pricing from JanuaryCoal India Ltd will restructure coal prices as it plans to switch over to the pricing based on the Gross Calorific Value method from January
- Modi's son-in-law holds IPL site, mobile rightsGlobal Cricket Ventures (GCV) is linked to the son-in-law of Lalit Modi, raising questions about the business interests of Modi's relatives...
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