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Thursday, 21 June 18
INDIAN GOVERNMENT ADMITS COAL SHORTAGE, ASKS DISCOMS TO IMPORT - TIMES OF INDIA
Times of India reported that the power ministry has advised all state governments and private power distribution companies to import coal as Coal India was unable to meet the growing demand. To add to problems, there was also a shortage of rail rakes to evacuate coal. The advisory comes in the wake of states demanding more coal to run their thermal units in face of growing demand.
In Tamil Nadu, power demand shot up by 2383MW this summer. If Tangedco is to import five million tonnes of coal to meet the shortage, it would cost the state discom around USD 5,000, said officials.
Across the country, hydro power generation came down this summer because of low water level in reservoirs, mostly in the Himalayan states. It was after the NDA government took charge, the power ministry asked all government discoms to stop importing coal. Tamil Nadu alone was importing 5.5 crore tonnes to meet its demand in all thermal units.
Mr Ghanshyam Prasad power ministry chief engineer in a letter to all discoms said that “The power ministry, in coordination with ministry of railway and ministry of coal, has been closely monitoring coal supply to thermal units. During 2017-18, we faced acute shortage. Coal stock in power stations depleted to 7.26 million tonnes in October 2017.”
The coal consumption during April 2018 increased by 3.9% compared this year. Mr Prasad said that “The hydro generation has also come down by 26% in April as compared to last year. In the coming months too, hydro generation will be less due to low storage level in reservoirs.”
Mr Vikram Kapur chairman of Tangedco said that “Importing coal has helped us not just in meeting the huge summer demand without interruption, but also to gradually build up buffer stock for nearly seven days of consumption.”
Tangedco started importing coal regularly from 2004-05. A Tangedco coal wing official said that “It requires 26 million tonnes of coal for full capacity generation of North Chennai, Mettur, Ennore and Tuticorin thermal units. Of this, 20.445 million tonnes of coal is met by indigenous stock and the balance 5.50 million tonnes is being imported.”
The imports started in 2004-05 at one million tonne but as the demand for power increased and more thermal units were commissioned, the amount of coal imported also increased. In 2016, Coal India Limited requested Tamil Nadu government to advise Tangedco to stop imports and use indigenous coal available with CIL.
The official said that “Following this, the Union ministry of coal convened a meeting in New Delhi, where CIL, in principle, agreed to provide the additional five million tonnes to Tangedco, whenever it required the entire quantity.” Mr Kapur said that “It is back to square one and we have started to import coal.”
Source : TIMES OF INDIA
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Wednesday, 25 April 18
TANKER MARKET INSIGHT - THEODOROS NTALAKOS
We had the opportunity to be part of Intertanko's Hellenic Mediterranean Panel last week in the SNFCC and to present an outlook on the tanker f ...
Tuesday, 24 April 18
IMPORTING INDONESIAN COAL MAKES SENSE FOR INDIAN COASTAL PLANTS EVEN WHEN IT IS COSTLIER THAN INDIAN - ECONOMIC TIMES
Rising Indonesian coal production and lower Chinese demand have pulled down Indonesian coal prices by 22% over the last 45 days, a trend that augur ...
Tuesday, 24 April 18
IMO AIMS TO HALVE GLOBAL SHIPPING EMISSIONS - BUT WHAT WILL IT COST? - WOOD MACKENZIE
Global bunker fuel costs could rise by up to US$60 billion annually from 2020, in a full compliance scenario, when the International Maritim ...
Tuesday, 24 April 18
TWO 56K-DWT OPEN HONG KONG AND SINGAPORE WERE FIXED FOR INDONESIA COAL TRIPS TO CHINA, AT $9,500 AND $11,000 RESPECTIVELY - BALTIC BRIEFING
Capesize
This week has seen the Cape 5 timecharter weighted average almost double. Similarly, the Brazil to China ore rates climbed over $4.50, f ...
Wednesday, 18 April 18
SHIPPING MARKET INSIGHT - STELIOS KOLLINTZAS
The return of traders and charterers from the Easter festivities came along with a slight increase in activity across the edible oil markets. Howev ...
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Showing 1736 to 1740 news of total 6871 |
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- Madhucon Powers Ltd - India
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- Trasteel International SA, Italy
- Riau Bara Harum - Indonesia
- Cement Manufacturers Association - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- IHS Mccloskey Coal Group - USA
- GN Power Mariveles Coal Plant, Philippines
- Videocon Industries ltd - India
- Merrill Lynch Commodities Europe
- San Jose City I Power Corp, Philippines
- Miang Besar Coal Terminal - Indonesia
- Mercuria Energy - Indonesia
- Goldman Sachs - Singapore
- Essar Steel Hazira Ltd - India
- Bangladesh Power Developement Board
- Uttam Galva Steels Limited - India
- Globalindo Alam Lestari - Indonesia
- Ministry of Finance - Indonesia
- Manunggal Multi Energi - Indonesia
- Port Waratah Coal Services - Australia
- Romanian Commodities Exchange
- Semirara Mining and Power Corporation, Philippines
- Planning Commission, India
- Africa Commodities Group - South Africa
- Energy Link Ltd, New Zealand
- Pendopo Energi Batubara - Indonesia
- GMR Energy Limited - India
- Electricity Authority, New Zealand
- Ceylon Electricity Board - Sri Lanka
- Wood Mackenzie - Singapore
- Sarangani Energy Corporation, Philippines
- Eastern Coal Council - USA
- Dalmia Cement Bharat India
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- Marubeni Corporation - India
- Electricity Generating Authority of Thailand
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- Deloitte Consulting - India
- GVK Power & Infra Limited - India
- Maheswari Brothers Coal Limited - India
- Altura Mining Limited, Indonesia
- Latin American Coal - Colombia
- Medco Energi Mining Internasional
- White Energy Company Limited
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- Singapore Mercantile Exchange
- The Treasury - Australian Government
- Global Coal Blending Company Limited - Australia
- MS Steel International - UAE
- Vedanta Resources Plc - India
- Iligan Light & Power Inc, Philippines
- South Luzon Thermal Energy Corporation
- Minerals Council of Australia
- Attock Cement Pakistan Limited
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- Anglo American - United Kingdom
- Agrawal Coal Company - India
- Baramulti Group, Indonesia
- Coastal Gujarat Power Limited - India
- CIMB Investment Bank - Malaysia
- Billiton Holdings Pty Ltd - Australia
- Semirara Mining Corp, Philippines
- Thai Mozambique Logistica
- Mintek Dendrill Indonesia
- SMG Consultants - Indonesia
- Economic Council, Georgia
- Meenaskhi Energy Private Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Standard Chartered Bank - UAE
- Sical Logistics Limited - India
- VISA Power Limited - India
- Toyota Tsusho Corporation, Japan
- OPG Power Generation Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Bukit Baiduri Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Heidelberg Cement - Germany
- Coalindo Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Indogreen Group - Indonesia
- Aditya Birla Group - India
- Thiess Contractors Indonesia
- Bhatia International Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Directorate Of Revenue Intelligence - India
- Power Finance Corporation Ltd., India
- London Commodity Brokers - England
- Price Waterhouse Coopers - Russia
- Bukit Makmur.PT - Indonesia
- The State Trading Corporation of India Ltd
- Wilmar Investment Holdings
- Orica Mining Services - Indonesia
- Chamber of Mines of South Africa
- Kartika Selabumi Mining - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Eastern Energy - Thailand
- The University of Queensland
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- Karbindo Abesyapradhi - Indoneisa
- Therma Luzon, Inc, Philippines
- Gujarat Sidhee Cement - India
- Tata Chemicals Ltd - India
- Banpu Public Company Limited - Thailand
- Commonwealth Bank - Australia
- Antam Resourcindo - Indonesia
- Indika Energy - Indonesia
- Makarim & Taira - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- ICICI Bank Limited - India
- Grasim Industreis Ltd - India
- Formosa Plastics Group - Taiwan
- CNBM International Corporation - China
- Kumho Petrochemical, South Korea
- Kohat Cement Company Ltd. - Pakistan
- Holcim Trading Pte Ltd - Singapore
- Coal and Oil Company - UAE
- Central Electricity Authority - India
- Global Green Power PLC Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Asmin Koalindo Tuhup - Indonesia
- European Bulk Services B.V. - Netherlands
- Aboitiz Power Corporation - Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Indian Oil Corporation Limited
- Sree Jayajothi Cements Limited - India
- Bulk Trading Sa - Switzerland
- PowerSource Philippines DevCo
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- Neyveli Lignite Corporation Ltd, - India
- Ministry of Mines - Canada
- New Zealand Coal & Carbon
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- McConnell Dowell - Australia
- AsiaOL BioFuels Corp., Philippines
- Oldendorff Carriers - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kaltim Prima Coal - Indonesia
- Australian Commodity Traders Exchange
- Bhushan Steel Limited - India
- Intertek Mineral Services - Indonesia
- Interocean Group of Companies - India
- Lanco Infratech Ltd - India
- Sojitz Corporation - Japan
- Indian Energy Exchange, India
- SN Aboitiz Power Inc, Philippines
- Simpson Spence & Young - Indonesia
- Renaissance Capital - South Africa
- IEA Clean Coal Centre - UK
- Energy Development Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Siam City Cement - Thailand
- Samtan Co., Ltd - South Korea
- Timah Investasi Mineral - Indoneisa
- Parry Sugars Refinery, India
- Mercator Lines Limited - India
- Australian Coal Association
- Sindya Power Generating Company Private Ltd
- SMC Global Power, Philippines
- Straits Asia Resources Limited - Singapore
- Kobexindo Tractors - Indoneisa
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- Central Java Power - Indonesia
- Star Paper Mills Limited - India
- Binh Thuan Hamico - Vietnam
- Kapuas Tunggal Persada - Indonesia
- India Bulls Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- Indo Tambangraya Megah - Indonesia
- Sakthi Sugars Limited - India
- PTC India Limited - India
- Savvy Resources Ltd - HongKong
- Jorong Barutama Greston.PT - Indonesia
- Jaiprakash Power Ventures ltd
- Petron Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Sinarmas Energy and Mining - Indonesia
- Edison Trading Spa - Italy
- Leighton Contractors Pty Ltd - Australia
- Larsen & Toubro Limited - India
- Meralco Power Generation, Philippines
- Mjunction Services Limited - India
- GAC Shipping (India) Pvt Ltd
- Barasentosa Lestari - Indonesia
- Carbofer General Trading SA - India
- Malabar Cements Ltd - India
- Salva Resources Pvt Ltd - India
- Posco Energy - South Korea
- Independent Power Producers Association of India
- Metalloyd Limited - United Kingdom
- Global Business Power Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Ministry of Transport, Egypt
- International Coal Ventures Pvt Ltd - India
- Georgia Ports Authority, United States
- Maharashtra Electricity Regulatory Commission - India
- Rio Tinto Coal - Australia
- Orica Australia Pty. Ltd.
- Karaikal Port Pvt Ltd - India
- Borneo Indobara - Indonesia
- Bayan Resources Tbk. - Indonesia
- Tamil Nadu electricity Board
- Siam City Cement PLC, Thailand
- Gujarat Electricity Regulatory Commission - India
- Parliament of New Zealand
- Indonesian Coal Mining Association
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