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Friday, 02 November 18
COAL FETCHES 102% PREMIUM IN E-AUCTION, SURPASSING THE EARLIER HIGHEST OF 95% - FINANCIAL EXPRESS
 Coal prices have received a premium of 102% in spot e-auction during September 2018, surpassing the earlier highest of 95% premium during the spot e-auction in October 2017.
This price discovery is owing to the demand-supply mismatch, although coal production has achieved a double digit growth during the first six months of the fiscal. In the first six months coal production grew 10.6%, according to CIL statistics. But this could not match the high coal demand due to rise in power production, lower hydro power generation as well as growth in production levels from non regulated consuming sectors like cement, aluminium, steel and paper.
A section of coal ministry officials suggest leakage in mechanism for which coal shortage is persistent in the power sector despite increased supply.
However, non power consumers, not getting linked coal are compelled to take costlier e-auction coal thereby losing cost efficiency in production. Further the woes are added by having to carry coal by the road mode with no additional railway rakes being allotted.
Carrying coal by road is almost 4 times costlier than carrying coal by rail and thereafter coal is being offered from such location, which doesn’t seem feasible for lifting. “A company in Maharashtra is offered coal from the mines of Eastern Coalfields in West Bengal, whereas West Bengal Power Development Corporation has to bring coal from the mines of Mahanadi Coalfield,” a non power consumer on the condition of anonymity said.
This has been true even for the power producers since the extra coal, the sector has been recently offered, has to be taken by the road mode, a CIL official said.
However, a ministry official pointed out that while the state gencos and the state agencies are being supplied coal above their quota by an order of the coal ministry in June this year, the utilisation of this coal is not known. Citing West Bengal Power
Development Corporation he said, while most of the units are shut down and the state distribution company is sourcing power from the exchange, there is no dearth of supplies of coal to WBPDCL. But there are reports of power supplies tripping, which should not be the case.
However, CIL said it has increased coal supplies to West Bengal’s generation company to meet increasing demand during the festive season.
According to an ICRA report, during the just concluded monsoon season, domestic coal production growth slowed down to 3.8% and 3.2% in September and August respectively, against 10.6% in July and 13.2% in June. This lead coal stocks at power plants to steadily deteriorate from a high of 21.1 million tonne (mt) in July end to an estimated 15.8 mt in end of September.
Source: Financial Express
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Friday, 14 December 18
KOSPO INVITED BIDS FOR 320,000 MT OF LOW CALORIFIC VALUE COAL
COALspot.com: South Korea state-owned utility Korea Southern Power Co. Ltd (KOSPO) issued a tender for 320,000 MT of min 4,300 kcal/kg NCV coal per ...
Friday, 14 December 18
KOSPO INVITES BIDS FOR 1,177,000 METRIC TONS OF COAL FOR Q1' 19 LOADING
COALspot.com: South Korea state-owned utility Korea Southern Power Co. Ltd (KOSPO) issued a tender for 701,000 MT of min 5,600 kcal/kg NCV coal and ...
Friday, 14 December 18
COAL IMPORT TO BE CHECKED BY RISING DOMESTIC PRODUCTION - FINANCIAL EXPRESS
The government’s effort to increase domestic coal production and power demand falling with the onset of the winters will check coal imports, ...
Thursday, 13 December 18
STRAITS AFFECTED BY TERRITORIAL DISPUTE BETWEEN SINGAPORE AND MALAYSIA - THE STANDARD CLUB
A recent territorial dispute has occurred between Singapore and Malaysia involving the Straits of Johor.
The Malaysian Attorney Gene ...
Wednesday, 12 December 18
SHIPPING MARKET INSIGHT - CHRISTOPHER WHITTY
China’s monthly iron ore imports dropped for the first time this year joined by declines in copper and soybeans as economic growth slows in t ...
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- Independent Power Producers Association of India
- Toyota Tsusho Corporation, Japan
- Sindya Power Generating Company Private Ltd
- LBH Netherlands Bv - Netherlands
- Iligan Light & Power Inc, Philippines
- European Bulk Services B.V. - Netherlands
- Mjunction Services Limited - India
- Jaiprakash Power Ventures ltd
- OPG Power Generation Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Xindia Steels Limited - India
- Africa Commodities Group - South Africa
- Coastal Gujarat Power Limited - India
- Tata Chemicals Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Central Java Power - Indonesia
- PNOC Exploration Corporation - Philippines
- Rio Tinto Coal - Australia
- Australian Commodity Traders Exchange
- Oldendorff Carriers - Singapore
- Merrill Lynch Commodities Europe
- Therma Luzon, Inc, Philippines
- Eastern Coal Council - USA
- Dalmia Cement Bharat India
- Asmin Koalindo Tuhup - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Directorate General of MIneral and Coal - Indonesia
- Indogreen Group - Indonesia
- Indonesian Coal Mining Association
- Siam City Cement PLC, Thailand
- Makarim & Taira - Indonesia
- Minerals Council of Australia
- Pendopo Energi Batubara - Indonesia
- Baramulti Group, Indonesia
- Gujarat Electricity Regulatory Commission - India
- Karbindo Abesyapradhi - Indoneisa
- Straits Asia Resources Limited - Singapore
- The University of Queensland
- Vedanta Resources Plc - India
- Australian Coal Association
- Gujarat Sidhee Cement - India
- Global Green Power PLC Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Meralco Power Generation, Philippines
- Electricity Generating Authority of Thailand
- Mercuria Energy - Indonesia
- Star Paper Mills Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Georgia Ports Authority, United States
- IEA Clean Coal Centre - UK
- Siam City Cement - Thailand
- Planning Commission, India
- Eastern Energy - Thailand
- Kohat Cement Company Ltd. - Pakistan
- Alfred C Toepfer International GmbH - Germany
- Indian Oil Corporation Limited
- Holcim Trading Pte Ltd - Singapore
- Indo Tambangraya Megah - Indonesia
- Romanian Commodities Exchange
- GN Power Mariveles Coal Plant, Philippines
- Directorate Of Revenue Intelligence - India
- CIMB Investment Bank - Malaysia
- Bhatia International Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Sojitz Corporation - Japan
- Mercator Lines Limited - India
- Jindal Steel & Power Ltd - India
- Manunggal Multi Energi - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Carbofer General Trading SA - India
- Bulk Trading Sa - Switzerland
- Economic Council, Georgia
- Energy Link Ltd, New Zealand
- India Bulls Power Limited - India
- Marubeni Corporation - India
- Tamil Nadu electricity Board
- Metalloyd Limited - United Kingdom
- Jorong Barutama Greston.PT - Indonesia
- GVK Power & Infra Limited - India
- London Commodity Brokers - England
- Port Waratah Coal Services - Australia
- Bangladesh Power Developement Board
- CNBM International Corporation - China
- Trasteel International SA, Italy
- MS Steel International - UAE
- Wilmar Investment Holdings
- ICICI Bank Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- GAC Shipping (India) Pvt Ltd
- Medco Energi Mining Internasional
- Billiton Holdings Pty Ltd - Australia
- Goldman Sachs - Singapore
- Kobexindo Tractors - Indoneisa
- Grasim Industreis Ltd - India
- Energy Development Corp, Philippines
- The State Trading Corporation of India Ltd
- Global Coal Blending Company Limited - Australia
- Videocon Industries ltd - India
- The Treasury - Australian Government
- Bhushan Steel Limited - India
- Leighton Contractors Pty Ltd - Australia
- Latin American Coal - Colombia
- Kaltim Prima Coal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Bayan Resources Tbk. - Indonesia
- Sakthi Sugars Limited - India
- Aditya Birla Group - India
- Indika Energy - Indonesia
- Chamber of Mines of South Africa
- Mintek Dendrill Indonesia
- Thai Mozambique Logistica
- Ambuja Cements Ltd - India
- Ministry of Finance - Indonesia
- Barasentosa Lestari - Indonesia
- Bukit Makmur.PT - Indonesia
- Semirara Mining Corp, Philippines
- Intertek Mineral Services - Indonesia
- Borneo Indobara - Indonesia
- Price Waterhouse Coopers - Russia
- SMC Global Power, Philippines
- Indian Energy Exchange, India
- PetroVietnam Power Coal Import and Supply Company
- Deloitte Consulting - India
- Sarangani Energy Corporation, Philippines
- White Energy Company Limited
- Thiess Contractors Indonesia
- Karaikal Port Pvt Ltd - India
- Standard Chartered Bank - UAE
- Kapuas Tunggal Persada - Indonesia
- Ministry of Transport, Egypt
- Timah Investasi Mineral - Indoneisa
- Madhucon Powers Ltd - India
- PowerSource Philippines DevCo
- Maheswari Brothers Coal Limited - India
- Kumho Petrochemical, South Korea
- Rashtriya Ispat Nigam Limited - India
- Riau Bara Harum - Indonesia
- Cement Manufacturers Association - India
- Central Electricity Authority - India
- Power Finance Corporation Ltd., India
- SN Aboitiz Power Inc, Philippines
- Altura Mining Limited, Indonesia
- Parry Sugars Refinery, India
- Sical Logistics Limited - India
- GMR Energy Limited - India
- Attock Cement Pakistan Limited
- Sree Jayajothi Cements Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Renaissance Capital - South Africa
- Commonwealth Bank - Australia
- Anglo American - United Kingdom
- Samtan Co., Ltd - South Korea
- Vizag Seaport Private Limited - India
- Essar Steel Hazira Ltd - India
- PTC India Limited - India
- Electricity Authority, New Zealand
- Agrawal Coal Company - India
- McConnell Dowell - Australia
- Banpu Public Company Limited - Thailand
- Cigading International Bulk Terminal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Bukit Baiduri Energy - Indonesia
- Bharathi Cement Corporation - India
- Interocean Group of Companies - India
- Edison Trading Spa - Italy
- Formosa Plastics Group - Taiwan
- Kepco SPC Power Corporation, Philippines
- Lanco Infratech Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Uttam Galva Steels Limited - India
- Malabar Cements Ltd - India
- Simpson Spence & Young - Indonesia
- Coal and Oil Company - UAE
- San Jose City I Power Corp, Philippines
- Ind-Barath Power Infra Limited - India
- Antam Resourcindo - Indonesia
- Salva Resources Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- International Coal Ventures Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- VISA Power Limited - India
- Ministry of Mines - Canada
- Chettinad Cement Corporation Ltd - India
- Globalindo Alam Lestari - Indonesia
- Singapore Mercantile Exchange
- Coalindo Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Aboitiz Power Corporation - Philippines
- Larsen & Toubro Limited - India
- Heidelberg Cement - Germany
- New Zealand Coal & Carbon
- Posco Energy - South Korea
- IHS Mccloskey Coal Group - USA
- TeaM Sual Corporation - Philippines
- Gujarat Mineral Development Corp Ltd - India
- ASAPP Information Group - India
- Miang Besar Coal Terminal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Meenaskhi Energy Private Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SMG Consultants - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Petron Corporation, Philippines
- Wood Mackenzie - Singapore
- AsiaOL BioFuels Corp., Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Business Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Binh Thuan Hamico - Vietnam
- Orica Mining Services - Indonesia
- Parliament of New Zealand
- Ceylon Electricity Board - Sri Lanka
- Orica Australia Pty. Ltd.
- Maharashtra Electricity Regulatory Commission - India
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