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Sunday, 18 November 18
COAL STOCKS IN A THIRD OF NTPC PLANTS CLOSE TO NIL - FINANCIAL EXPRESS
 Coal supply shortage continues to haunt NTPC, the country’s largest power generator, with latest government data showing 31% of the company’s coal-based capacity is running with ‘hand to mouth’ coal stock. As on November 12, six major NTPC power plants, with a combined capacity of 12,480 MW, have fuel stock of ‘zero’ days, data from the Central Electricity Authority show.
NTPC’s 2,980 MW Sipat plant in Chattisgarh, 2,340 MW Kahalgaon unit in Bihar, 2,100 MW Farakka station in West Bengal, 2,400 MW Kudgi unit in Karnataka, 2,000 MW Simhadri plant in Andhra Pradesh and the 660 MW Solapur plant in Maharashtra are grappling with severe fuel shortage.
Interestingly, the first three aforementioned plants are pit-head stations, suggesting that production at the mines dedicated to specific power plants are not being able to cater to the necessary requirements. Power plants across the country have been complaining about coal supply, but the brunt of fuel shortage has traditionally been faced by the units located far away from the coal mines.
“We are using carpet coal (leftover chunks and powder) to run our plants on a hand to mouth basis,” a senior official at the Kahalgaon plant told FE on condition of anonymity. The station sources coal from the Rajmahal mines, which supply fuel to the Kahalgaon and Farakka stations through the company’s ‘merry-go-round’ railway system. The mine produces 45,000 tonnes of coal per day, of which 34,000 tonnes go to Kahalgaon, while the remaining goes to the Farakka plant, which is also facing fuel scarcity.
“Our daily requirement is 40,000 tonnes and we manage to get one additional rake (about 3,000 tonnes) from the Indian Railways every day but that is not sufficient,” the person cited above added.
Coal India’s (CIL) Rajmahal mine is not being able to ramp up production as its expansion plans are impeded by land acquisition issues.
The coal shortage coincides with a sudden surge in electricity demand. As on November 13, year-on-year peak demand in Chhattisgarh, Bihar, Andhra Pradesh and Karnataka has increased by 14%, 14%, 18% and 22%, respectively. Coal-based power generation recorded a 5.4% y-o-y rise in the April-October period whereas a whopping 11% rise was recorded in October itself.
NTPC has recently reported under-recoveries of Rs 210 crore in Q2FY19 owing to unavailability of coal, causing its net profit to slip by 1.1% y-o-y to Rs 2,417.6 crore. To tackle the domestic fuel shortage, NTPC paid Rs 10,000 crore in advance to the railways to receive coal supply at unrevised rates until FY20.
Source: Financial Express
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Monday, 19 November 18
SUPRAMAX: THE BSI CONTINUED TO FALL LAST WEEK, ESPECIALLY THE ASIAN ROUTES - BALTIC BRIEFING
Capesize
After a cut throat couple of weeks, the market finally appeared to have found a floor and rates ticked up. Those analysts that predict ...
Thursday, 15 November 18
OIL MARKET REPORT: HEEDING THE WARNINGS - IEA
In last month’s Report, we noted that since the middle of the year oil supply had increased sharply, with gains in the Middle East, Russia an ...
Wednesday, 14 November 18
BIMCO ADOPTS 2020 BUNKER CLAUSES
BIMCO has developed two 2020 bunker clauses that deal with general compliance and the transitional period for an early December release.
...
Wednesday, 14 November 18
SHIPPING MARKET INSIGHT - KONSTANTINOS KONTOMICHIS
The shipping industry is going through an interesting period across all markets. Since the end of last year, the Dry Baltic Index has been showing ...
Tuesday, 13 November 18
INDIA: POWER DEMAND UP; COAL STOCKS AT MINES AT A 5-YEAR LOW - FINANCIAL EXPRESS
Stocks at Coal India mines plunged to a five-year low of 21 million tonne (mt) in October, as a sudden surge in demand for the fuel from the power ...
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- Savvy Resources Ltd - HongKong
- Parry Sugars Refinery, India
- Manunggal Multi Energi - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Chamber of Mines of South Africa
- Borneo Indobara - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Sakthi Sugars Limited - India
- McConnell Dowell - Australia
- Coalindo Energy - Indonesia
- London Commodity Brokers - England
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Gujarat Mineral Development Corp Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Oldendorff Carriers - Singapore
- Energy Development Corp, Philippines
- IEA Clean Coal Centre - UK
- Electricity Generating Authority of Thailand
- Neyveli Lignite Corporation Ltd, - India
- Ministry of Mines - Canada
- Madhucon Powers Ltd - India
- ICICI Bank Limited - India
- Aditya Birla Group - India
- Karaikal Port Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Globalindo Alam Lestari - Indonesia
- Bangladesh Power Developement Board
- Banpu Public Company Limited - Thailand
- Rio Tinto Coal - Australia
- Tata Chemicals Ltd - India
- Indian Energy Exchange, India
- GVK Power & Infra Limited - India
- Samtan Co., Ltd - South Korea
- Orica Mining Services - Indonesia
- Trasteel International SA, Italy
- Commonwealth Bank - Australia
- Romanian Commodities Exchange
- San Jose City I Power Corp, Philippines
- Iligan Light & Power Inc, Philippines
- Jaiprakash Power Ventures ltd
- Goldman Sachs - Singapore
- Formosa Plastics Group - Taiwan
- Directorate Of Revenue Intelligence - India
- Petron Corporation, Philippines
- Malabar Cements Ltd - India
- Semirara Mining Corp, Philippines
- Sarangani Energy Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- ASAPP Information Group - India
- Kobexindo Tractors - Indoneisa
- LBH Netherlands Bv - Netherlands
- Georgia Ports Authority, United States
- Ministry of Transport, Egypt
- CIMB Investment Bank - Malaysia
- Billiton Holdings Pty Ltd - Australia
- Bukit Makmur.PT - Indonesia
- Aboitiz Power Corporation - Philippines
- India Bulls Power Limited - India
- Coastal Gujarat Power Limited - India
- Carbofer General Trading SA - India
- Bhatia International Limited - India
- Indogreen Group - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Toyota Tsusho Corporation, Japan
- Tamil Nadu electricity Board
- Miang Besar Coal Terminal - Indonesia
- Central Java Power - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Vizag Seaport Private Limited - India
- Jindal Steel & Power Ltd - India
- PowerSource Philippines DevCo
- Indika Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Renaissance Capital - South Africa
- Timah Investasi Mineral - Indoneisa
- Chettinad Cement Corporation Ltd - India
- Sindya Power Generating Company Private Ltd
- Alfred C Toepfer International GmbH - Germany
- Independent Power Producers Association of India
- Electricity Authority, New Zealand
- SMC Global Power, Philippines
- Marubeni Corporation - India
- Thiess Contractors Indonesia
- Posco Energy - South Korea
- Salva Resources Pvt Ltd - India
- MS Steel International - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Green Power PLC Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- PNOC Exploration Corporation - Philippines
- Therma Luzon, Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Karbindo Abesyapradhi - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ministry of Finance - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Eastern Coal Council - USA
- Essar Steel Hazira Ltd - India
- The University of Queensland
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Deloitte Consulting - India
- Cigading International Bulk Terminal - Indonesia
- Pendopo Energi Batubara - Indonesia
- Wilmar Investment Holdings
- TeaM Sual Corporation - Philippines
- Australian Coal Association
- IHS Mccloskey Coal Group - USA
- Metalloyd Limited - United Kingdom
- Bulk Trading Sa - Switzerland
- Vijayanagar Sugar Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Bharathi Cement Corporation - India
- Sinarmas Energy and Mining - Indonesia
- Meralco Power Generation, Philippines
- PTC India Limited - India
- Heidelberg Cement - Germany
- Grasim Industreis Ltd - India
- Australian Commodity Traders Exchange
- Kalimantan Lumbung Energi - Indonesia
- Altura Mining Limited, Indonesia
- Siam City Cement PLC, Thailand
- The Treasury - Australian Government
- The State Trading Corporation of India Ltd
- GN Power Mariveles Coal Plant, Philippines
- International Coal Ventures Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Uttam Galva Steels Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Coal and Oil Company - UAE
- Africa Commodities Group - South Africa
- Wood Mackenzie - Singapore
- Central Electricity Authority - India
- Port Waratah Coal Services - Australia
- Siam City Cement - Thailand
- GMR Energy Limited - India
- Parliament of New Zealand
- VISA Power Limited - India
- CNBM International Corporation - China
- Kideco Jaya Agung - Indonesia
- Barasentosa Lestari - Indonesia
- Edison Trading Spa - Italy
- Straits Asia Resources Limited - Singapore
- Sree Jayajothi Cements Limited - India
- SN Aboitiz Power Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- White Energy Company Limited
- Anglo American - United Kingdom
- Latin American Coal - Colombia
- European Bulk Services B.V. - Netherlands
- Minerals Council of Australia
- Cement Manufacturers Association - India
- Bukit Asam (Persero) Tbk - Indonesia
- Bukit Baiduri Energy - Indonesia
- Gujarat Sidhee Cement - India
- Dalmia Cement Bharat India
- Orica Australia Pty. Ltd.
- Kaltim Prima Coal - Indonesia
- Power Finance Corporation Ltd., India
- Semirara Mining and Power Corporation, Philippines
- Mjunction Services Limited - India
- Antam Resourcindo - Indonesia
- Ind-Barath Power Infra Limited - India
- Meenaskhi Energy Private Limited - India
- Kepco SPC Power Corporation, Philippines
- Vedanta Resources Plc - India
- Agrawal Coal Company - India
- Global Coal Blending Company Limited - Australia
- Bhushan Steel Limited - India
- Larsen & Toubro Limited - India
- Attock Cement Pakistan Limited
- OPG Power Generation Pvt Ltd - India
- Singapore Mercantile Exchange
- Rashtriya Ispat Nigam Limited - India
- Eastern Energy - Thailand
- Merrill Lynch Commodities Europe
- Economic Council, Georgia
- Maheswari Brothers Coal Limited - India
- Xindia Steels Limited - India
- South Luzon Thermal Energy Corporation
- Interocean Group of Companies - India
- Riau Bara Harum - Indonesia
- Binh Thuan Hamico - Vietnam
- PetroVietnam Power Coal Import and Supply Company
- Baramulti Group, Indonesia
- Lanco Infratech Ltd - India
- Planning Commission, India
- Global Business Power Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Price Waterhouse Coopers - Russia
- Kumho Petrochemical, South Korea
- New Zealand Coal & Carbon
- Medco Energi Mining Internasional
- Star Paper Mills Limited - India
- Mercuria Energy - Indonesia
- Mintek Dendrill Indonesia
- Kartika Selabumi Mining - Indonesia
- Mercator Lines Limited - India
- Bhoruka Overseas - Indonesia
- Makarim & Taira - Indonesia
- Ambuja Cements Ltd - India
- Thai Mozambique Logistica
- AsiaOL BioFuels Corp., Philippines
- Indo Tambangraya Megah - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Leighton Contractors Pty Ltd - Australia
- Indonesian Coal Mining Association
- Standard Chartered Bank - UAE
- Indian Oil Corporation Limited
- Sical Logistics Limited - India
- Simpson Spence & Young - Indonesia
- Videocon Industries ltd - India
- Sojitz Corporation - Japan
- SMG Consultants - Indonesia
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