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Monday, 28 May 18
COAL SUPPLY DIVERSION IRKS INDUSTRIES DEPENDENT ON CAPTIVE POWER PLANTS - HINDU BUSINESS LINE
 The government’s move to prioritise coal supplies to power plants with minimal coal stock has disrupted fuel supply to some sectors, which have fallen off the dynamic priority queue. The move has prompted the affected industries to write to the Prime Minister’s Office (PMO) with their concerns.
An official aware of the government’s decision told BusinessLine, “There are 13 thermal power plants with no coal stock and 23–24 plants with critical levels of stock. The higher coal consumption is partly because of lower generation from hydro power and gas-based power plants. From May 20, we have accorded supply priority to power plants with low coal stock.”
The first priority is to meet the demand from power plants that have to supply to distribution companies because the government prioritises supplies to households and grid-connected consumers. Next in the line are Independent Power Producers (IPPs) that can sell power in the spot market. Captive power plants, or power plants set up to serve particular projects such as aluminium, steel or cement plants, come later in the queue. This schedule practically bypasses all the earlier commitments made to projects under the fuel supply agreements.
The arrangement has been institutionalised after a decision jointly taken by the Ministries of Power, Coal and Railways.
The move also impacts Railways’ allocation of rakes to its customers, creating a wagon shortage. Based on the Power Ministry’s recommendation, the Railways directed its sheds to prioritise the indents of the power sector between May 19 and June 30, which is peak summer demand. “This will hit loading of about 20 rakes a day from the total of 430-440 coal rakes a day,” a Railway Ministry official said.
While only a fraction of the rakes has been hit, the normal functioning of Railway customers such as aluminium producers have also been hit.
Samir Cairae, Chief Executive Officer of Diversified Metals – India at Vedanta Ltd, said they are getting only two of the eight rakes of coal committed to them for their aluminium business. “Last fiscal, we got 65 per cent of the annual contracted capacity,” he said.
Writes to PMO
In a letter to the PMO, the Indian Captive Power Producers Association noted that the coal supplied to IPPs rose by 8.1 per cent to 454 million tonnes (mt) in 2017-18 over 2016-17. But there the volume of coal supplied to the captive power producers during the same period has flatlined at 32 mt.
More coal supplies to IPPs will mean businesses can tap the spot power market for cheaper energy. But for aluminium players, here too, the going is not easy. Cairae said, “The power demand from aluminium units in Odisha alone stands at 9,000 MW. The grid in the State will not be able to supply that.”
But Steel Authority of India, another relatively lowly prioritised coal consumer, is not as worried. “We source 80 per cent of our coal through imports. As of now, we do not see any coal shortage,” a company official said.
The “short-term” reshuffling of the queue during the peak demand period has also raised concerns among other customers, including SAIL, who fear the “re-prioritisation” may become the norm. For coal transported from the sidings of Coal India, company officials said the allocation rejig will be assessed weekly and reworked as the supply eases.
Source: The Hindu Business Line
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Wednesday, 30 May 18
HIGH PRICE, DMO ENCOURAGE COAL MINERS TO BOOST PRODUCTION - THE JAKARTA POST
A number of coal miners are planning to increase production by 10 percent in the second half of this year after a worldwide price increase.
Th ...
Wednesday, 30 May 18
SHIPPING MARKET INSIGHT - ILIAS M. LALAOUNIS
Among several hot topics that will be discussed during the Posidonia week, the International Maritime Organization regulation that will be enforced ...
Tuesday, 29 May 18
BLOCKCHAIN CAN HAVE A TRANSFORMATIVE EFFECT ON THE SHIPPING INDUSTRY
KNOWLEDGE TO ELEVATE
Following the launch of a legal briefing on blockchain contracts from UK P&I Club, Claims Executive, Filip Koscieleck ...
Tuesday, 29 May 18
INDIA'S COAL IMPORT DECLINES IN APRIL AMID DIVERSION TO THERMAL POWER PLANTS - PTI
India’s coal import fell by 9 percent to 17.32 million tonnes (MT) in April on the back of ample supply of dry fuel from domestic sources.
...
Monday, 28 May 18
KOMIPO ISSUED ANOTHER TENDER FOR 130K MT OF 5700 NAR COAL
COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued a tender for 130,000 mt of min. 5700 NAR coal of Australian origi ...
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Showing 1711 to 1715 news of total 6871 |
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- Planning Commission, India
- Bhoruka Overseas - Indonesia
- Medco Energi Mining Internasional
- Economic Council, Georgia
- SMG Consultants - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Barasentosa Lestari - Indonesia
- Coal and Oil Company - UAE
- Ambuja Cements Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Binh Thuan Hamico - Vietnam
- Cigading International Bulk Terminal - Indonesia
- Manunggal Multi Energi - Indonesia
- Mercator Lines Limited - India
- Gujarat Sidhee Cement - India
- India Bulls Power Limited - India
- OPG Power Generation Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Semirara Mining and Power Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Madhucon Powers Ltd - India
- Edison Trading Spa - Italy
- Lanco Infratech Ltd - India
- Intertek Mineral Services - Indonesia
- IEA Clean Coal Centre - UK
- Siam City Cement - Thailand
- Kaltim Prima Coal - Indonesia
- Eastern Coal Council - USA
- Karbindo Abesyapradhi - Indoneisa
- Aditya Birla Group - India
- LBH Netherlands Bv - Netherlands
- VISA Power Limited - India
- San Jose City I Power Corp, Philippines
- Kobexindo Tractors - Indoneisa
- Aboitiz Power Corporation - Philippines
- CNBM International Corporation - China
- Attock Cement Pakistan Limited
- Formosa Plastics Group - Taiwan
- Bukit Asam (Persero) Tbk - Indonesia
- Price Waterhouse Coopers - Russia
- Bharathi Cement Corporation - India
- CIMB Investment Bank - Malaysia
- Meenaskhi Energy Private Limited - India
- PTC India Limited - India
- Thai Mozambique Logistica
- Orica Mining Services - Indonesia
- Star Paper Mills Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- New Zealand Coal & Carbon
- Bayan Resources Tbk. - Indonesia
- Bukit Baiduri Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Port Waratah Coal Services - Australia
- Wilmar Investment Holdings
- Jindal Steel & Power Ltd - India
- Sojitz Corporation - Japan
- Central Java Power - Indonesia
- Larsen & Toubro Limited - India
- Cement Manufacturers Association - India
- Indonesian Coal Mining Association
- Heidelberg Cement - Germany
- Grasim Industreis Ltd - India
- Mercuria Energy - Indonesia
- GMR Energy Limited - India
- Kumho Petrochemical, South Korea
- International Coal Ventures Pvt Ltd - India
- Tata Chemicals Ltd - India
- Indogreen Group - Indonesia
- Independent Power Producers Association of India
- Trasteel International SA, Italy
- Uttam Galva Steels Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Global Coal Blending Company Limited - Australia
- SMC Global Power, Philippines
- Pendopo Energi Batubara - Indonesia
- Australian Coal Association
- Merrill Lynch Commodities Europe
- South Luzon Thermal Energy Corporation
- Energy Development Corp, Philippines
- PNOC Exploration Corporation - Philippines
- Asmin Koalindo Tuhup - Indonesia
- Bhushan Steel Limited - India
- Holcim Trading Pte Ltd - Singapore
- Africa Commodities Group - South Africa
- Parliament of New Zealand
- Standard Chartered Bank - UAE
- Carbofer General Trading SA - India
- Vizag Seaport Private Limited - India
- ICICI Bank Limited - India
- Interocean Group of Companies - India
- GVK Power & Infra Limited - India
- Maheswari Brothers Coal Limited - India
- Antam Resourcindo - Indonesia
- European Bulk Services B.V. - Netherlands
- Videocon Industries ltd - India
- Georgia Ports Authority, United States
- The State Trading Corporation of India Ltd
- White Energy Company Limited
- Mintek Dendrill Indonesia
- The University of Queensland
- Therma Luzon, Inc, Philippines
- Ministry of Mines - Canada
- Anglo American - United Kingdom
- Altura Mining Limited, Indonesia
- Indian Energy Exchange, India
- Latin American Coal - Colombia
- Rio Tinto Coal - Australia
- Alfred C Toepfer International GmbH - Germany
- Bhatia International Limited - India
- TeaM Sual Corporation - Philippines
- Sinarmas Energy and Mining - Indonesia
- Bangladesh Power Developement Board
- Commonwealth Bank - Australia
- Power Finance Corporation Ltd., India
- Gujarat Electricity Regulatory Commission - India
- Malabar Cements Ltd - India
- Indian Oil Corporation Limited
- The Treasury - Australian Government
- Vijayanagar Sugar Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Meralco Power Generation, Philippines
- Energy Link Ltd, New Zealand
- Central Electricity Authority - India
- Dalmia Cement Bharat India
- Sarangani Energy Corporation, Philippines
- Petron Corporation, Philippines
- PowerSource Philippines DevCo
- Sindya Power Generating Company Private Ltd
- Metalloyd Limited - United Kingdom
- Thiess Contractors Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bulk Trading Sa - Switzerland
- Tamil Nadu electricity Board
- Agrawal Coal Company - India
- Salva Resources Pvt Ltd - India
- Ministry of Finance - Indonesia
- MS Steel International - UAE
- Chettinad Cement Corporation Ltd - India
- Jaiprakash Power Ventures ltd
- Electricity Authority, New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Marubeni Corporation - India
- Kepco SPC Power Corporation, Philippines
- Vedanta Resources Plc - India
- Rashtriya Ispat Nigam Limited - India
- Mjunction Services Limited - India
- Semirara Mining Corp, Philippines
- GAC Shipping (India) Pvt Ltd
- Billiton Holdings Pty Ltd - Australia
- Kartika Selabumi Mining - Indonesia
- Deloitte Consulting - India
- Kohat Cement Company Ltd. - Pakistan
- Bukit Makmur.PT - Indonesia
- SN Aboitiz Power Inc, Philippines
- Sree Jayajothi Cements Limited - India
- Orica Australia Pty. Ltd.
- Ceylon Electricity Board - Sri Lanka
- GN Power Mariveles Coal Plant, Philippines
- AsiaOL BioFuels Corp., Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Australian Commodity Traders Exchange
- Krishnapatnam Port Company Ltd. - India
- Posco Energy - South Korea
- Wood Mackenzie - Singapore
- Kideco Jaya Agung - Indonesia
- Iligan Light & Power Inc, Philippines
- Essar Steel Hazira Ltd - India
- Ind-Barath Power Infra Limited - India
- Makarim & Taira - Indonesia
- Timah Investasi Mineral - Indoneisa
- Savvy Resources Ltd - HongKong
- Kalimantan Lumbung Energi - Indonesia
- Indika Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Renaissance Capital - South Africa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indo Tambangraya Megah - Indonesia
- Ministry of Transport, Egypt
- Parry Sugars Refinery, India
- Maharashtra Electricity Regulatory Commission - India
- Coalindo Energy - Indonesia
- Electricity Generating Authority of Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Minerals Council of Australia
- Sical Logistics Limited - India
- Leighton Contractors Pty Ltd - Australia
- Global Green Power PLC Corporation, Philippines
- Oldendorff Carriers - Singapore
- London Commodity Brokers - England
- Xindia Steels Limited - India
- Eastern Energy - Thailand
- Romanian Commodities Exchange
- Coastal Gujarat Power Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Petrochimia International Co. Ltd.- Taiwan
- Jorong Barutama Greston.PT - Indonesia
- Simpson Spence & Young - Indonesia
- Goldman Sachs - Singapore
- Borneo Indobara - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- IHS Mccloskey Coal Group - USA
- Singapore Mercantile Exchange
- Toyota Tsusho Corporation, Japan
- Banpu Public Company Limited - Thailand
- Straits Asia Resources Limited - Singapore
- Chamber of Mines of South Africa
- Sakthi Sugars Limited - India
- Directorate Of Revenue Intelligence - India
- McConnell Dowell - Australia
- Baramulti Group, Indonesia
- ASAPP Information Group - India
- PetroVietnam Power Coal Import and Supply Company
- Global Business Power Corporation, Philippines
- Karaikal Port Pvt Ltd - India
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