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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, 11 April 18
CHINA UTILITIES PLAN NEW COAL IMPORT PRICE INDEX TO CURB VOLATILITY - REUTERS
China’s major utilities are preparing to launch their own coal price index for imports, an official at China Huaneng Group said, in a move th ...
Wednesday, 11 April 18
US-CHINA TARIFF THREATS RAISE GLOBAL TRADE RISKS - FITCH
Escalating tariff proposals by the U.S. and Chinese governments are increasing the risks of a full-blown trade war, says Fitch Ratings. The most li ...
Tuesday, 10 April 18
BUMA GRANTED ADDITIONAL LOAN FACILITY FROM BTMU TO SUPPORT GROWTH
Press Release: PT Delta Dunia Makmur Tbk. is pleased to announce that its subsidiary, PT Bukit Makmur Mandiri Utama ("BUMA"), signed an a ...
Monday, 09 April 18
APRIL INDONESIAN COAL PRICE REFERENCE DROPS TO LOWEST IN 2018
COALspot.com: According to latest ministerial decree, the Indonesian Coal Price Reference (HBA) decline 6.98 per cent in April 2018 compared to Mar ...
Friday, 06 April 18
TOP MINER BHP QUITS WORLD COAL ASSOCIATION OVER CLIMATE CLASH - BLOOMBERG
BHP Billiton Ltd. has severed ties with the World Coal Association over a clash of views on how to combat climate change, with the mining giant say ...
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- Riau Bara Harum - Indonesia
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- OPG Power Generation Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Dalmia Cement Bharat India
- Tata Chemicals Ltd - India
- Australian Commodity Traders Exchange
- Oldendorff Carriers - Singapore
- Parliament of New Zealand
- Cement Manufacturers Association - India
- Kalimantan Lumbung Energi - Indonesia
- Metalloyd Limited - United Kingdom
- Sree Jayajothi Cements Limited - India
- Rio Tinto Coal - Australia
- Miang Besar Coal Terminal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Barasentosa Lestari - Indonesia
- Orica Mining Services - Indonesia
- Georgia Ports Authority, United States
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- Sarangani Energy Corporation, Philippines
- South Luzon Thermal Energy Corporation
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- The State Trading Corporation of India Ltd
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- GN Power Mariveles Coal Plant, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Global Green Power PLC Corporation, Philippines
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- Electricity Generating Authority of Thailand
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- The University of Queensland
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- Asia Pacific Energy Resources Ventures Inc, Philippines
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- European Bulk Services B.V. - Netherlands
- Wilmar Investment Holdings
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- Directorate Of Revenue Intelligence - India
- Mjunction Services Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Indo Tambangraya Megah - Indonesia
- Mintek Dendrill Indonesia
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- Salva Resources Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Eastern Coal Council - USA
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- Jaiprakash Power Ventures ltd
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- Interocean Group of Companies - India
- New Zealand Coal & Carbon
- Meralco Power Generation, Philippines
- Singapore Mercantile Exchange
- Global Business Power Corporation, Philippines
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- San Jose City I Power Corp, Philippines
- Altura Mining Limited, Indonesia
- Gujarat Sidhee Cement - India
- Mercator Lines Limited - India
- Siam City Cement - Thailand
- Ceylon Electricity Board - Sri Lanka
- Edison Trading Spa - Italy
- Bhoruka Overseas - Indonesia
- Australian Coal Association
- Sical Logistics Limited - India
- GMR Energy Limited - India
- Chamber of Mines of South Africa
- Kaltim Prima Coal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Kideco Jaya Agung - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Central Java Power - Indonesia
- Energy Development Corp, Philippines
- Madhucon Powers Ltd - India
- Sojitz Corporation - Japan
- Bhushan Steel Limited - India
- Marubeni Corporation - India
- Gujarat Electricity Regulatory Commission - India
- Intertek Mineral Services - Indonesia
- Planning Commission, India
- Directorate General of MIneral and Coal - Indonesia
- Eastern Energy - Thailand
- Latin American Coal - Colombia
- Electricity Authority, New Zealand
- Offshore Bulk Terminal Pte Ltd, Singapore
- CNBM International Corporation - China
- Ministry of Finance - Indonesia
- Therma Luzon, Inc, Philippines
- Aboitiz Power Corporation - Philippines
- GAC Shipping (India) Pvt Ltd
- Trasteel International SA, Italy
- Power Finance Corporation Ltd., India
- The Treasury - Australian Government
- Standard Chartered Bank - UAE
- Central Electricity Authority - India
- SMG Consultants - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Formosa Plastics Group - Taiwan
- Romanian Commodities Exchange
- Kapuas Tunggal Persada - Indonesia
- Manunggal Multi Energi - Indonesia
- McConnell Dowell - Australia
- Anglo American - United Kingdom
- PTC India Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Banpu Public Company Limited - Thailand
- Indian Energy Exchange, India
- Deloitte Consulting - India
- International Coal Ventures Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Karaikal Port Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bukit Makmur.PT - Indonesia
- Videocon Industries ltd - India
- Kartika Selabumi Mining - Indonesia
- London Commodity Brokers - England
- ICICI Bank Limited - India
- Independent Power Producers Association of India
- India Bulls Power Limited - India
- Tamil Nadu electricity Board
- SMC Global Power, Philippines
- Heidelberg Cement - Germany
- Larsen & Toubro Limited - India
- Petron Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- SN Aboitiz Power Inc, Philippines
- Indogreen Group - Indonesia
- Kepco SPC Power Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Merrill Lynch Commodities Europe
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- Savvy Resources Ltd - HongKong
- Parry Sugars Refinery, India
- Bulk Trading Sa - Switzerland
- Meenaskhi Energy Private Limited - India
- Jindal Steel & Power Ltd - India
- Commonwealth Bank - Australia
- Xindia Steels Limited - India
- Siam City Cement PLC, Thailand
- Ministry of Mines - Canada
- Thiess Contractors Indonesia
- Carbofer General Trading SA - India
- Simpson Spence & Young - Indonesia
- LBH Netherlands Bv - Netherlands
- Mercuria Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- PNOC Exploration Corporation - Philippines
- Indonesian Coal Mining Association
- Africa Commodities Group - South Africa
- Rashtriya Ispat Nigam Limited - India
- Energy Link Ltd, New Zealand
- Bhatia International Limited - India
- Leighton Contractors Pty Ltd - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Antam Resourcindo - Indonesia
- Ambuja Cements Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Price Waterhouse Coopers - Russia
- Holcim Trading Pte Ltd - Singapore
- Lanco Infratech Ltd - India
- IHS Mccloskey Coal Group - USA
- Port Waratah Coal Services - Australia
- Ind-Barath Power Infra Limited - India
- AsiaOL BioFuels Corp., Philippines
- Thai Mozambique Logistica
- Toyota Tsusho Corporation, Japan
- Bharathi Cement Corporation - India
- Maheswari Brothers Coal Limited - India
- MS Steel International - UAE
- Bukit Asam (Persero) Tbk - Indonesia
- Samtan Co., Ltd - South Korea
- Goldman Sachs - Singapore
- Global Coal Blending Company Limited - Australia
- Grasim Industreis Ltd - India
- PowerSource Philippines DevCo
- Borneo Indobara - Indonesia
- Indika Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Makarim & Taira - Indonesia
- Bayan Resources Tbk. - Indonesia
- Aditya Birla Group - India
- ASAPP Information Group - India
- IEA Clean Coal Centre - UK
- Alfred C Toepfer International GmbH - Germany
- Coal and Oil Company - UAE
- Sindya Power Generating Company Private Ltd
- Ministry of Transport, Egypt
- Attock Cement Pakistan Limited
- Orica Australia Pty. Ltd.
- Economic Council, Georgia
- Posco Energy - South Korea
- CIMB Investment Bank - Malaysia
- Indian Oil Corporation Limited
- Malabar Cements Ltd - India
- Bangladesh Power Developement Board
- Straits Asia Resources Limited - Singapore
- VISA Power Limited - India
- Minerals Council of Australia
- Iligan Light & Power Inc, Philippines
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Vedanta Resources Plc - India
- Agrawal Coal Company - India
- White Energy Company Limited
- Renaissance Capital - South Africa
- TNB Fuel Sdn Bhd - Malaysia
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