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Saturday, 15 October 11
BENGAL COAL IMPORT TEST - THE TELEGRAPH
 The Telegraph reported that, the power position in Bengal improved today but alarm bells are ringing over imported coal stocks that are running out fast.
Telegraph further reported, “The stock of imported coal will exhaust by the end of this month,” said Krishna Gupta, the managing director of the West Bengal Power Development Corporation Ltd (WBPDCL), the largest electricity supplier in the state.
The corporation had last year imported 1.2 million tonnes of coal from Indonesia.
“We will come up with a fresh tender to import 1.5 million tonnes of coal by the end of this month or early November,” Gupta added.
He did not say why the corporation waited till the eleventh hour for floating the tender. Between tendering and the arrival of the consignment, a time lag of at least a month is expected.
However, a government official said the corporation appeared to have waited because the new state government did not give the green signal to raise tariffs.
The price of the Indonesian variety that the corporation imports rules at Rs 4,500 per tonne. The utility will need least Rs 675 crore for the quantity it is planning to import.
Hand-wringing over whether the cash-strapped state government, the sole owner of the power utility, will dole out the money appeared to have held back the company till now. The new government had restricted the company from filing a petition with the regulator for revising the tariff.
The 1.5 million tonnes on the import wish list do not account for more than 8 per cent of the total requirement but when the barrel is being scraped, every tonne counts.
“We have to go in for imports because the current stocks will last only a month or so. The improvement in supply from Coal India over the last couple of days is temporary. Coal India will ask for money after a week to supply more,” Gupta said. He discounted the possibility of market borrowing. “Who will give us money looking at our current balance sheet?”
Another official said: “Till August, we thought that we would be allowed to file the petition for the tariff revision. But that didn’t happen. Tendering is a simple process and it can take a month to get the coal imported. The bigger question is the money.”
The supply of coal from captive mines is also dwindling. Bengal EMTA, a joint venture, is supplying only two to three rakes a day. One rake packs around 3,500 tonnes.
The corporation requires 55,000 tonnes (or 16 rakes) of coal a day. In other words, supply from the captive mines now accounts for only 12-13 per cent of its requirement. “Our biggest captive coal blocks, Tara (East) and Tara (West), are old and hence output is coming down,” Gupta said.
As a consequence, the corporation’s dependence on Coal India has increased to 75 per cent now from 55 per cent.
The power shortfall in the districts today was 325MW, around 400MW less than yesterday. The supply went up because of the arrival of more rakes of coal and flow from the national grid.
Source: The Telegraph (By: Srikumar Bondyopadhyay)
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Tuesday, 08 December 20
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Friday, 04 December 20
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- The State Trading Corporation of India Ltd
- Global Business Power Corporation, Philippines
- Singapore Mercantile Exchange
- Karbindo Abesyapradhi - Indoneisa
- Vizag Seaport Private Limited - India
- Baramulti Group, Indonesia
- Gujarat Sidhee Cement - India
- GMR Energy Limited - India
- OPG Power Generation Pvt Ltd - India
- Independent Power Producers Association of India
- Directorate General of MIneral and Coal - Indonesia
- Xindia Steels Limited - India
- Alfred C Toepfer International GmbH - Germany
- Bukit Asam (Persero) Tbk - Indonesia
- Bharathi Cement Corporation - India
- South Luzon Thermal Energy Corporation
- Central Java Power - Indonesia
- Bhoruka Overseas - Indonesia
- Deloitte Consulting - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Vedanta Resources Plc - India
- Australian Coal Association
- Directorate Of Revenue Intelligence - India
- SMC Global Power, Philippines
- Therma Luzon, Inc, Philippines
- Sojitz Corporation - Japan
- Medco Energi Mining Internasional
- Malabar Cements Ltd - India
- IHS Mccloskey Coal Group - USA
- Electricity Generating Authority of Thailand
- Siam City Cement - Thailand
- Bahari Cakrawala Sebuku - Indonesia
- GVK Power & Infra Limited - India
- Tamil Nadu electricity Board
- Kalimantan Lumbung Energi - Indonesia
- Heidelberg Cement - Germany
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Billiton Holdings Pty Ltd - Australia
- Ind-Barath Power Infra Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coastal Gujarat Power Limited - India
- Sindya Power Generating Company Private Ltd
- Formosa Plastics Group - Taiwan
- Merrill Lynch Commodities Europe
- CIMB Investment Bank - Malaysia
- Cigading International Bulk Terminal - Indonesia
- Sarangani Energy Corporation, Philippines
- Semirara Mining Corp, Philippines
- Antam Resourcindo - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Leighton Contractors Pty Ltd - Australia
- Miang Besar Coal Terminal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Bhatia International Limited - India
- Global Coal Blending Company Limited - Australia
- Karaikal Port Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Essar Steel Hazira Ltd - India
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- Straits Asia Resources Limited - Singapore
- Agrawal Coal Company - India
- Meenaskhi Energy Private Limited - India
- Mintek Dendrill Indonesia
- Toyota Tsusho Corporation, Japan
- Indian Oil Corporation Limited
- Kartika Selabumi Mining - Indonesia
- Metalloyd Limited - United Kingdom
- Eastern Coal Council - USA
- Orica Mining Services - Indonesia
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- Globalindo Alam Lestari - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Indonesian Coal Mining Association
- GAC Shipping (India) Pvt Ltd
- Kepco SPC Power Corporation, Philippines
- Indika Energy - Indonesia
- Altura Mining Limited, Indonesia
- Savvy Resources Ltd - HongKong
- Bukit Baiduri Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Marubeni Corporation - India
- Energy Development Corp, Philippines
- Carbofer General Trading SA - India
- Grasim Industreis Ltd - India
- Commonwealth Bank - Australia
- Central Electricity Authority - India
- CNBM International Corporation - China
- Neyveli Lignite Corporation Ltd, - India
- Kapuas Tunggal Persada - Indonesia
- Banpu Public Company Limited - Thailand
- Cement Manufacturers Association - India
- LBH Netherlands Bv - Netherlands
- Energy Link Ltd, New Zealand
- Samtan Co., Ltd - South Korea
- Dalmia Cement Bharat India
- European Bulk Services B.V. - Netherlands
- Kumho Petrochemical, South Korea
- Rio Tinto Coal - Australia
- Ministry of Finance - Indonesia
- Manunggal Multi Energi - Indonesia
- Intertek Mineral Services - Indonesia
- TeaM Sual Corporation - Philippines
- McConnell Dowell - Australia
- Bukit Makmur.PT - Indonesia
- Attock Cement Pakistan Limited
- India Bulls Power Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Maheswari Brothers Coal Limited - India
- ICICI Bank Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Eastern Energy - Thailand
- Rashtriya Ispat Nigam Limited - India
- Kobexindo Tractors - Indoneisa
- Ministry of Mines - Canada
- Coalindo Energy - Indonesia
- Mjunction Services Limited - India
- SMG Consultants - Indonesia
- Jindal Steel & Power Ltd - India
- Thiess Contractors Indonesia
- Aditya Birla Group - India
- Mercator Lines Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Mercuria Energy - Indonesia
- Romanian Commodities Exchange
- Africa Commodities Group - South Africa
- Chamber of Mines of South Africa
- Chettinad Cement Corporation Ltd - India
- Latin American Coal - Colombia
- Trasteel International SA, Italy
- Bhushan Steel Limited - India
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- Pendopo Energi Batubara - Indonesia
- Edison Trading Spa - Italy
- International Coal Ventures Pvt Ltd - India
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- Sical Logistics Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Ambuja Cements Ltd - India
- Binh Thuan Hamico - Vietnam
- Videocon Industries ltd - India
- Larsen & Toubro Limited - India
- San Jose City I Power Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Petron Corporation, Philippines
- Indian Energy Exchange, India
- MS Steel International - UAE
- Kideco Jaya Agung - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Madhucon Powers Ltd - India
- Bayan Resources Tbk. - Indonesia
- The Treasury - Australian Government
- Economic Council, Georgia
- Kohat Cement Company Ltd. - Pakistan
- Bulk Trading Sa - Switzerland
- Iligan Light & Power Inc, Philippines
- New Zealand Coal & Carbon
- IEA Clean Coal Centre - UK
- Vijayanagar Sugar Pvt Ltd - India
- Sakthi Sugars Limited - India
- Australian Commodity Traders Exchange
- Makarim & Taira - Indonesia
- Price Waterhouse Coopers - Russia
- Siam City Cement PLC, Thailand
- Indo Tambangraya Megah - Indonesia
- Global Green Power PLC Corporation, Philippines
- Parliament of New Zealand
- Krishnapatnam Port Company Ltd. - India
- Tata Chemicals Ltd - India
- Riau Bara Harum - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Meralco Power Generation, Philippines
- Bangladesh Power Developement Board
- Goldman Sachs - Singapore
- Interocean Group of Companies - India
- Oldendorff Carriers - Singapore
- Barasentosa Lestari - Indonesia
- Renaissance Capital - South Africa
- Jaiprakash Power Ventures ltd
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- Salva Resources Pvt Ltd - India
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- Timah Investasi Mineral - Indoneisa
- Wilmar Investment Holdings
- Sree Jayajothi Cements Limited - India
- Borneo Indobara - Indonesia
- Orica Australia Pty. Ltd.
- Electricity Authority, New Zealand
- PTC India Limited - India
- White Energy Company Limited
- Standard Chartered Bank - UAE
- London Commodity Brokers - England
- Thai Mozambique Logistica
- The University of Queensland
- Planning Commission, India
- Indogreen Group - Indonesia
- Simpson Spence & Young - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Coal and Oil Company - UAE
- PowerSource Philippines DevCo
- Minerals Council of Australia
- Ceylon Electricity Board - Sri Lanka
- Port Waratah Coal Services - Australia
- Ministry of Transport, Egypt
- ASAPP Information Group - India
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- Aboitiz Power Corporation - Philippines
- Kaltim Prima Coal - Indonesia
- Star Paper Mills Limited - India
- Georgia Ports Authority, United States
- Power Finance Corporation Ltd., India
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