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Friday, 17 October 14
INTERNATIONAL COAL PRICES ARE AT LOWEST LEVEL; COAL STOCKS AT INDIAN POWER PLANTS ARE ALSO AT LOWEST LEVEL
 International coal prices as well as coal freights are falling and reaching to its lowest levels. According to PTI, fuel stockpiles at the thermal power stations hit a new low in 25 years at 7.2 million tonnes, as Coal India and its subsidiaries failed to meet their production targets, as per latest official data.
According to latest data (October 13) by the Central Electricity Authority, total fuel stocks at 103 coal-based stations have come down to 7.2 million tonnes. This 7.2 million tonnes comprise 6.58 million tonnes of indigenous coal and 706 tonnes of imported fuel, PTI said.
"This is the lowest in 25 years. The last time it hit a low was in 2010 when it was 7.8 million tonnes," an official in the Ministry of Power told PTI.
"Coal India's production is not in line with the demand of the power sector and its subsidiaries NCL (Northern Coalfields Ltd), (Central Coalfields Ltd) etc are not producing coal as per their respective targets," the official said when asked about the reason for low stock piles.
According to PTI report, as many as 61 thermal power stations are grappling with critical coal shortage with less than a week's stock at their disposal. The country's largest thermal power producer NTPC is battling with 0-1 day of stocks at some of its plants.
The company's generating stations with nil stocks include Indira Gandhi thermal plant in Haryana, Rihand, Singrauli and Tanda in Uttar Pradesh and Vindhayachal in Madhya Pradesh, CEA data said.
According to the official, NTPC is generating lesser than full capacity at some of these power plants.
Of the 61 plants with less than seven days of fuel stocks left, 36 stations are reeling under acute shortage with less than four days of stockpiles at their disposal.
Asked when the situation will improve, the official said that it could be in a couple of weeks because of improvement in weather. The power demand will come down as winters are approaching and this will reduce the impact of low stocks, as quoted by PTI.
He added that the real solution lay with the Coal India which will have to meet its production targets and increase its capacity.
CEA, the techno-economic clearance body under the Ministry of Power, is also engaged in setting generation targets and other milestones for the power utilities.
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Thursday, 25 September 14
LACK OF COAL BUSINESS PUSHING DOWN PANAMAX EARNINGS IN PACIFIC
Handy
In the Atlantic we see rates steady climbing upwards. More coal cargoes out of USG and USEC are helping the TA market which is up some USD ...
Wednesday, 24 September 14
ADARO AGREED TO REDUCE ITS CONCESSION AREA TO 31,379.8 HECTARES
COALspot.com: PT Adaro Energy Tbk (Adaro Energy) today announced that, PT Adaro Indonesia (AI), its wholly owned subsidiary, entered into a M ...
Wednesday, 24 September 14
CAPESIZE: ACTIVITY IN BOTH BASINS WAS UNIMPRESSIVE
COALspot.com: The end of the week prior seems to have marked the tone for the days that followed, with the Dry Bulk market giving up a significant ...
Tuesday, 23 September 14
MEDCO TO INCREASE ITS COAL PRODUCTION NEXT YEAR
COALspot.com: PT Medco Energi Internasional is looking to increase its coal production next year, supported by the launch of operations at its Duta ...
Monday, 22 September 14
COAL SECTOR CHAOS - GENESIS TO REVELATION - DIPESH DIPU
COALspot.com: “Let there be light”, intends the government of India but the fuel side of the story paints a blackout. The recent Suprem ...
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- Commonwealth Bank - Australia
- Deloitte Consulting - India
- Leighton Contractors Pty Ltd - Australia
- Australian Commodity Traders Exchange
- India Bulls Power Limited - India
- Siam City Cement PLC, Thailand
- Sinarmas Energy and Mining - Indonesia
- Malabar Cements Ltd - India
- Iligan Light & Power Inc, Philippines
- Romanian Commodities Exchange
- LBH Netherlands Bv - Netherlands
- Orica Australia Pty. Ltd.
- Ambuja Cements Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Parry Sugars Refinery, India
- Ceylon Electricity Board - Sri Lanka
- PTC India Limited - India
- Price Waterhouse Coopers - Russia
- Chettinad Cement Corporation Ltd - India
- Larsen & Toubro Limited - India
- Siam City Cement - Thailand
- The University of Queensland
- Makarim & Taira - Indonesia
- Mercator Lines Limited - India
- New Zealand Coal & Carbon
- Meenaskhi Energy Private Limited - India
- Simpson Spence & Young - Indonesia
- Singapore Mercantile Exchange
- Altura Mining Limited, Indonesia
- Oldendorff Carriers - Singapore
- Antam Resourcindo - Indonesia
- Lanco Infratech Ltd - India
- Attock Cement Pakistan Limited
- Pendopo Energi Batubara - Indonesia
- Indian Oil Corporation Limited
- Trasteel International SA, Italy
- Georgia Ports Authority, United States
- Samtan Co., Ltd - South Korea
- Vedanta Resources Plc - India
- Tata Chemicals Ltd - India
- Bangladesh Power Developement Board
- Metalloyd Limited - United Kingdom
- Bharathi Cement Corporation - India
- Gujarat Electricity Regulatory Commission - India
- Ministry of Transport, Egypt
- Asmin Koalindo Tuhup - Indonesia
- Sakthi Sugars Limited - India
- SN Aboitiz Power Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kobexindo Tractors - Indoneisa
- McConnell Dowell - Australia
- Goldman Sachs - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Kideco Jaya Agung - Indonesia
- Kartika Selabumi Mining - Indonesia
- Toyota Tsusho Corporation, Japan
- Eastern Energy - Thailand
- Neyveli Lignite Corporation Ltd, - India
- Rio Tinto Coal - Australia
- Semirara Mining and Power Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Essar Steel Hazira Ltd - India
- Sical Logistics Limited - India
- Posco Energy - South Korea
- Therma Luzon, Inc, Philippines
- Meralco Power Generation, Philippines
- Barasentosa Lestari - Indonesia
- Electricity Generating Authority of Thailand
- Billiton Holdings Pty Ltd - Australia
- Central Electricity Authority - India
- Indo Tambangraya Megah - Indonesia
- Bukit Baiduri Energy - Indonesia
- Edison Trading Spa - Italy
- Baramulti Group, Indonesia
- Mercuria Energy - Indonesia
- Eastern Coal Council - USA
- San Jose City I Power Corp, Philippines
- SMC Global Power, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Electricity Authority, New Zealand
- Grasim Industreis Ltd - India
- Sojitz Corporation - Japan
- The State Trading Corporation of India Ltd
- Cigading International Bulk Terminal - Indonesia
- Bulk Trading Sa - Switzerland
- Aditya Birla Group - India
- Merrill Lynch Commodities Europe
- Orica Mining Services - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Kohat Cement Company Ltd. - Pakistan
- Wood Mackenzie - Singapore
- Medco Energi Mining Internasional
- Karaikal Port Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Bhushan Steel Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Ministry of Mines - Canada
- Holcim Trading Pte Ltd - Singapore
- Coal and Oil Company - UAE
- Bukit Asam (Persero) Tbk - Indonesia
- Australian Coal Association
- Cement Manufacturers Association - India
- Port Waratah Coal Services - Australia
- Manunggal Multi Energi - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Alfred C Toepfer International GmbH - Germany
- South Luzon Thermal Energy Corporation
- Renaissance Capital - South Africa
- Economic Council, Georgia
- Maheswari Brothers Coal Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- OPG Power Generation Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Kepco SPC Power Corporation, Philippines
- Minerals Council of Australia
- Aboitiz Power Corporation - Philippines
- Dalmia Cement Bharat India
- Sree Jayajothi Cements Limited - India
- Standard Chartered Bank - UAE
- Ministry of Finance - Indonesia
- GMR Energy Limited - India
- CIMB Investment Bank - Malaysia
- Sarangani Energy Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Energy Development Corp, Philippines
- Agrawal Coal Company - India
- Indian Energy Exchange, India
- Parliament of New Zealand
- Semirara Mining Corp, Philippines
- Global Green Power PLC Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Star Paper Mills Limited - India
- PowerSource Philippines DevCo
- Pipit Mutiara Jaya. PT, Indonesia
- Marubeni Corporation - India
- Wilmar Investment Holdings
- Salva Resources Pvt Ltd - India
- Indonesian Coal Mining Association
- Latin American Coal - Colombia
- AsiaOL BioFuels Corp., Philippines
- IEA Clean Coal Centre - UK
- Savvy Resources Ltd - HongKong
- ASAPP Information Group - India
- Madhucon Powers Ltd - India
- GVK Power & Infra Limited - India
- CNBM International Corporation - China
- Thai Mozambique Logistica
- Karbindo Abesyapradhi - Indoneisa
- Formosa Plastics Group - Taiwan
- VISA Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PNOC Exploration Corporation - Philippines
- Coastal Gujarat Power Limited - India
- Anglo American - United Kingdom
- Heidelberg Cement - Germany
- SMG Consultants - Indonesia
- Borneo Indobara - Indonesia
- Tamil Nadu electricity Board
- Ind-Barath Power Infra Limited - India
- Planning Commission, India
- Bank of Tokyo Mitsubishi UFJ Ltd
- The Treasury - Australian Government
- Xindia Steels Limited - India
- Mintek Dendrill Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Gujarat Sidhee Cement - India
- MS Steel International - UAE
- Petron Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Kaltim Prima Coal - Indonesia
- European Bulk Services B.V. - Netherlands
- Independent Power Producers Association of India
- Miang Besar Coal Terminal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Binh Thuan Hamico - Vietnam
- Indogreen Group - Indonesia
- Timah Investasi Mineral - Indoneisa
- Videocon Industries ltd - India
- Carbofer General Trading SA - India
- Jaiprakash Power Ventures ltd
- Intertek Mineral Services - Indonesia
- Indika Energy - Indonesia
- Bhatia International Limited - India
- GAC Shipping (India) Pvt Ltd
- Sindya Power Generating Company Private Ltd
- London Commodity Brokers - England
- Energy Link Ltd, New Zealand
- Central Java Power - Indonesia
- Globalindo Alam Lestari - Indonesia
- Kumho Petrochemical, South Korea
- Vijayanagar Sugar Pvt Ltd - India
- Interocean Group of Companies - India
- TeaM Sual Corporation - Philippines
- Global Business Power Corporation, Philippines
- Africa Commodities Group - South Africa
- Riau Bara Harum - Indonesia
- Mjunction Services Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Makmur.PT - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Gujarat Mineral Development Corp Ltd - India
- International Coal Ventures Pvt Ltd - India
- Chamber of Mines of South Africa
- Directorate Of Revenue Intelligence - India
- Coalindo Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- ICICI Bank Limited - India
- Thiess Contractors Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- White Energy Company Limited
- Uttam Galva Steels Limited - India
- Jindal Steel & Power Ltd - India
- Vizag Seaport Private Limited - India
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