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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, 31 January 18
SHIPPING MARKET INSIGHT - TIMOS PAPADIMITRIOU
Days before the celebrations of the Lunar New Year, the dry bulk market seems to be holding well, against negative predictions. Period numbers repo ...
Monday, 29 January 18
BALTIC INDEX GAINS ON STRONGER BIG VESSEL ACTIVITY
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities rose this past week and ending on a positive note week ov ...
Monday, 29 January 18
U.S.WEEKLY COAL OUTPUT UP 8.7% W/W - EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 14.6 million short tons ...
Wednesday, 24 January 18
SHIPPING MARKET INSIGHT - GEORGE ILIOPOULOS
Since the beginning of the New Year we have been witnessing the BDI correcting downwards, which nonetheless seems to have no effect at ...
Tuesday, 23 January 18
OIL MARKET ANALYSIS - ALLIED
Brent oil futures hit a three year high on January 16th touching around USD 70.30 before falling back down to around USD 68.60 at the Time of this ...
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Showing 1821 to 1825 news of total 6871 |
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- GAC Shipping (India) Pvt Ltd
- Kapuas Tunggal Persada - Indonesia
- Electricity Authority, New Zealand
- Videocon Industries ltd - India
- Manunggal Multi Energi - Indonesia
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- European Bulk Services B.V. - Netherlands
- Binh Thuan Hamico - Vietnam
- Bayan Resources Tbk. - Indonesia
- Ministry of Finance - Indonesia
- Intertek Mineral Services - Indonesia
- Central Electricity Authority - India
- The State Trading Corporation of India Ltd
- Ministry of Mines - Canada
- Ind-Barath Power Infra Limited - India
- Latin American Coal - Colombia
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- ICICI Bank Limited - India
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- Essar Steel Hazira Ltd - India
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- Antam Resourcindo - Indonesia
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- Kideco Jaya Agung - Indonesia
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- Bangladesh Power Developement Board
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- LBH Netherlands Bv - Netherlands
- Ambuja Cements Ltd - India
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- Indian Oil Corporation Limited
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- Singapore Mercantile Exchange
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- MS Steel International - UAE
- Commonwealth Bank - Australia
- London Commodity Brokers - England
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- Jindal Steel & Power Ltd - India
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- Planning Commission, India
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- Minerals Council of Australia
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- GVK Power & Infra Limited - India
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- Altura Mining Limited, Indonesia
- Sarangani Energy Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
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- Timah Investasi Mineral - Indoneisa
- Africa Commodities Group - South Africa
- Karaikal Port Pvt Ltd - India
- Mercuria Energy - Indonesia
- McConnell Dowell - Australia
- Economic Council, Georgia
- Carbofer General Trading SA - India
- Siam City Cement - Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Coalindo Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Straits Asia Resources Limited - Singapore
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- Grasim Industreis Ltd - India
- Eastern Coal Council - USA
- Mjunction Services Limited - India
- Billiton Holdings Pty Ltd - Australia
- Tata Chemicals Ltd - India
- Larsen & Toubro Limited - India
- Power Finance Corporation Ltd., India
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- Parliament of New Zealand
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- Coal and Oil Company - UAE
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- PNOC Exploration Corporation - Philippines
- Samtan Co., Ltd - South Korea
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- Ministry of Transport, Egypt
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- Australian Commodity Traders Exchange
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- Rio Tinto Coal - Australia
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- Maharashtra Electricity Regulatory Commission - India
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- SN Aboitiz Power Inc, Philippines
- Agrawal Coal Company - India
- Indian Energy Exchange, India
- Energy Development Corp, Philippines
- IEA Clean Coal Centre - UK
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- Merrill Lynch Commodities Europe
- Kumho Petrochemical, South Korea
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- Chamber of Mines of South Africa
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- Independent Power Producers Association of India
- TNB Fuel Sdn Bhd - Malaysia
- CNBM International Corporation - China
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- South Luzon Thermal Energy Corporation
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- TeaM Sual Corporation - Philippines
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- Port Waratah Coal Services - Australia
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- Kohat Cement Company Ltd. - Pakistan
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- CIMB Investment Bank - Malaysia
- ASAPP Information Group - India
- Borneo Indobara - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Heidelberg Cement - Germany
- Standard Chartered Bank - UAE
- Pendopo Energi Batubara - Indonesia
- Edison Trading Spa - Italy
- Baramulti Group, Indonesia
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- Mintek Dendrill Indonesia
- SMC Global Power, Philippines
- Iligan Light & Power Inc, Philippines
- India Bulls Power Limited - India
- Metalloyd Limited - United Kingdom
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- PowerSource Philippines DevCo
- Madhucon Powers Ltd - India
- The Treasury - Australian Government
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