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Monday, 09 November 15
INDIAN THERMAL COAL IMPORTS SURGED 18%; COKING COAL 6.31% DURING APRIL-OCTOBER: BUSINESS-STANDARD
 Indian thermal coal imports surged 18% at the country's top 12 major ports to 55.90 million tonnes (MT) in the first seven months of the current fiscal Year.
According to business-standard, these ports had handled 47.23 MT of coal during the April-October period of the last fiscal, 2014-15 and Imports of coking coal, used mainly for steel-making, also jumped by 6.31% to 19.38 MT, as per the latest data with the Indian Ports Authority.
The centre-owned ports had handled 18.23 MT of coking coal in April-October period of 2014-15. Together, these ports handled 75.28 MT coal during the April-October period of the current fiscal as against 65.46 MT in the same period of the previous fiscal, the paper reported.
India is the third-largest producer of coal after China and the US with 299 billion tonnes of resources and 123 billion tonnes of proven reserves, which may last for over 100 years.
India has 12 major ports -- Kandla, Mumbai, JNPT, Marmugao, New Mangalore, Cochin, Chennai, Ennore, V O Chidambarnar, Visakhapatnam, Paradip and Kolkata (including Haldia) -- which handle approximately 61 per cent of the country's total cargo traffic.
The business-standard noted that, thermal coal is used in power generation and with the world's largest miner Coal India, which accounts for over 80% of the domestic requirement, consistently failing to meet its target as well as demand of the firms, the power plants resort to imports.
The business-standard, further reported that, less production coupled with increased demand from power firms is further widening the demand-supply gap in the country, which is likely to widen to 185.5 MT in 2016-17.
The Coal India's coal production rose 9.15% to 273.91 MT during the April-October quarter this year compared to 250.94 MT in the year-ago period. For the current fiscal, CIL's production target has been fixed at 550 MT.
CIL missed the production target for 2014-15 by 3 per cent recording an output of 494.23 MT. The company's output target was 507 MT for the fiscal. In 2013-14, the company had clocked production of 462.53 MT against a target of 482 MT.
The Centre has announced plans to boost Coal India's annual production to the level of 1 billion tonnes by 2019 to meet growing fuel demand.
Goyal had recently said that CIL will invest $20 billion to increase production to one billion tonnes over the next five years.
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Thursday, 13 August 15
THE RATES FOR CAPES KEPT RALLYING LAST WEEK - INTERMODAL
COALspot.com: Strong Capesize performance kept supporting the Dry Bulk market last week, which noted another positive weekly closing, while rates f ...
Thursday, 13 August 15
FOB RICHARDS BAY COAL SWAPS CONTINUE FALLING
COALspot.com: API4 FOB Richards Bay Coal swap for delivery 4Q' 2015 declined month over month and week over week.
The 4Q swap was down US$ ...
Wednesday, 12 August 15
DRY BULK MARKET: WITHOUT A DOUBT REACHED HEALTHIER LEVEL
A few weeks before the end of the summer season, the BDI is hovering around 1,200 points, providing some much needed optimism to all Dry Bulk marke ...
Wednesday, 12 August 15
REGULATION CURBS POWER OF LOCAL AUTHORITIES IN MINING SECTOR IN INDONESIA - FLORENCE G. SANTOSO
The Indonesian Government appears to be getting serious about stripping Regents of the authority to issue mining licenses. The Government took the ...
Wednesday, 12 August 15
FOB NEWCASTLE COAL SWAP FLAT WEEK OVER WEEK
COALspot.com: API 5 FOB Newcastle Coal swap for 4Q’ 2015 delivery down $ 0.98 per MT (-2.20%) month over month to US$ 43.65 per mt. The swap ...
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- The Treasury - Australian Government
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- Electricity Authority, New Zealand
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Georgia Ports Authority, United States
- Mercator Lines Limited - India
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- Toyota Tsusho Corporation, Japan
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- New Zealand Coal & Carbon
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- Bharathi Cement Corporation - India
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- Bhushan Steel Limited - India
- Heidelberg Cement - Germany
- Kobexindo Tractors - Indoneisa
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- Formosa Plastics Group - Taiwan
- Power Finance Corporation Ltd., India
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- Jaiprakash Power Ventures ltd
- South Luzon Thermal Energy Corporation
- Kohat Cement Company Ltd. - Pakistan
- Siam City Cement - Thailand
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- Alfred C Toepfer International GmbH - Germany
- McConnell Dowell - Australia
- Rashtriya Ispat Nigam Limited - India
- Cement Manufacturers Association - India
- Chamber of Mines of South Africa
- Coastal Gujarat Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- Kalimantan Lumbung Energi - Indonesia
- Mercuria Energy - Indonesia
- Ministry of Finance - Indonesia
- PNOC Exploration Corporation - Philippines
- Wood Mackenzie - Singapore
- The University of Queensland
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- Planning Commission, India
- Ambuja Cements Ltd - India
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- Kideco Jaya Agung - Indonesia
- International Coal Ventures Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Altura Mining Limited, Indonesia
- Straits Asia Resources Limited - Singapore
- White Energy Company Limited
- IHS Mccloskey Coal Group - USA
- Renaissance Capital - South Africa
- Lanco Infratech Ltd - India
- Sojitz Corporation - Japan
- Sical Logistics Limited - India
- Kepco SPC Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- Metalloyd Limited - United Kingdom
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- Gujarat Sidhee Cement - India
- Aboitiz Power Corporation - Philippines
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- Semirara Mining Corp, Philippines
- Kapuas Tunggal Persada - Indonesia
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- Independent Power Producers Association of India
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- ICICI Bank Limited - India
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- Romanian Commodities Exchange
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- CIMB Investment Bank - Malaysia
- San Jose City I Power Corp, Philippines
- MS Steel International - UAE
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- Global Business Power Corporation, Philippines
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- Ministry of Transport, Egypt
- The State Trading Corporation of India Ltd
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- VISA Power Limited - India
- Leighton Contractors Pty Ltd - Australia
- Antam Resourcindo - Indonesia
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- Trasteel International SA, Italy
- Barasentosa Lestari - Indonesia
- PTC India Limited - India
- Orica Australia Pty. Ltd.
- Ind-Barath Power Infra Limited - India
- Australian Commodity Traders Exchange
- Directorate Of Revenue Intelligence - India
- Kumho Petrochemical, South Korea
- Energy Link Ltd, New Zealand
- Standard Chartered Bank - UAE
- Agrawal Coal Company - India
- Bukit Baiduri Energy - Indonesia
- Rio Tinto Coal - Australia
- Indonesian Coal Mining Association
- Parry Sugars Refinery, India
- Commonwealth Bank - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sree Jayajothi Cements Limited - India
- Deloitte Consulting - India
- IEA Clean Coal Centre - UK
- GAC Shipping (India) Pvt Ltd
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- Indian Oil Corporation Limited
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- Petrochimia International Co. Ltd.- Taiwan
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- London Commodity Brokers - England
- Siam City Cement PLC, Thailand
- Gujarat Electricity Regulatory Commission - India
- Edison Trading Spa - Italy
- Sakthi Sugars Limited - India
- Sindya Power Generating Company Private Ltd
- Tamil Nadu electricity Board
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- Videocon Industries ltd - India
- Indogreen Group - Indonesia
- LBH Netherlands Bv - Netherlands
- Parliament of New Zealand
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- GN Power Mariveles Coal Plant, Philippines
- Indian Energy Exchange, India
- Aditya Birla Group - India
- Indo Tambangraya Megah - Indonesia
- GMR Energy Limited - India
- Baramulti Group, Indonesia
- Bulk Trading Sa - Switzerland
- Global Coal Blending Company Limited - Australia
- Electricity Generating Authority of Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- PowerSource Philippines DevCo
- Economic Council, Georgia
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- Jorong Barutama Greston.PT - Indonesia
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- Ministry of Mines - Canada
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