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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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- Altura Mining Limited, Indonesia
- Indika Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- McConnell Dowell - Australia
- Minerals Council of Australia
- Indogreen Group - Indonesia
- Grasim Industreis Ltd - India
- Orica Mining Services - Indonesia
- OPG Power Generation Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Siam City Cement PLC, Thailand
- IEA Clean Coal Centre - UK
- Sindya Power Generating Company Private Ltd
- Holcim Trading Pte Ltd - Singapore
- Intertek Mineral Services - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Bayan Resources Tbk. - Indonesia
- Electricity Generating Authority of Thailand
- ICICI Bank Limited - India
- Ambuja Cements Ltd - India
- SMC Global Power, Philippines
- Essar Steel Hazira Ltd - India
- Baramulti Group, Indonesia
- India Bulls Power Limited - India
- Jindal Steel & Power Ltd - India
- Sakthi Sugars Limited - India
- Directorate General of MIneral and Coal - Indonesia
- White Energy Company Limited
- Goldman Sachs - Singapore
- Bhushan Steel Limited - India
- Sojitz Corporation - Japan
- Jaiprakash Power Ventures ltd
- Standard Chartered Bank - UAE
- Central Java Power - Indonesia
- SMG Consultants - Indonesia
- Global Business Power Corporation, Philippines
- Mjunction Services Limited - India
- Deloitte Consulting - India
- Power Finance Corporation Ltd., India
- Malabar Cements Ltd - India
- Port Waratah Coal Services - Australia
- Economic Council, Georgia
- Coastal Gujarat Power Limited - India
- PTC India Limited - India
- Heidelberg Cement - Germany
- Rashtriya Ispat Nigam Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Chamber of Mines of South Africa
- Lanco Infratech Ltd - India
- Pendopo Energi Batubara - Indonesia
- The University of Queensland
- Simpson Spence & Young - Indonesia
- AsiaOL BioFuels Corp., Philippines
- VISA Power Limited - India
- Binh Thuan Hamico - Vietnam
- Riau Bara Harum - Indonesia
- Energy Link Ltd, New Zealand
- Sree Jayajothi Cements Limited - India
- Renaissance Capital - South Africa
- Larsen & Toubro Limited - India
- Orica Australia Pty. Ltd.
- Uttam Galva Steels Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Antam Resourcindo - Indonesia
- The Treasury - Australian Government
- Global Coal Blending Company Limited - Australia
- Maheswari Brothers Coal Limited - India
- Straits Asia Resources Limited - Singapore
- Star Paper Mills Limited - India
- Electricity Authority, New Zealand
- Ministry of Mines - Canada
- Anglo American - United Kingdom
- Meenaskhi Energy Private Limited - India
- Bukit Makmur.PT - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Kideco Jaya Agung - Indonesia
- Therma Luzon, Inc, Philippines
- Australian Coal Association
- TNB Fuel Sdn Bhd - Malaysia
- Borneo Indobara - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Parry Sugars Refinery, India
- Neyveli Lignite Corporation Ltd, - India
- Samtan Co., Ltd - South Korea
- Kumho Petrochemical, South Korea
- Independent Power Producers Association of India
- Africa Commodities Group - South Africa
- GAC Shipping (India) Pvt Ltd
- Tamil Nadu electricity Board
- GVK Power & Infra Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kaltim Prima Coal - Indonesia
- TeaM Sual Corporation - Philippines
- Thai Mozambique Logistica
- Directorate Of Revenue Intelligence - India
- Cigading International Bulk Terminal - Indonesia
- Iligan Light & Power Inc, Philippines
- MS Steel International - UAE
- Bulk Trading Sa - Switzerland
- PNOC Exploration Corporation - Philippines
- Sarangani Energy Corporation, Philippines
- Merrill Lynch Commodities Europe
- Vizag Seaport Private Limited - India
- Gujarat Sidhee Cement - India
- Thiess Contractors Indonesia
- Indian Energy Exchange, India
- Rio Tinto Coal - Australia
- Eastern Energy - Thailand
- Krishnapatnam Port Company Ltd. - India
- Formosa Plastics Group - Taiwan
- Marubeni Corporation - India
- CNBM International Corporation - China
- Chettinad Cement Corporation Ltd - India
- Kobexindo Tractors - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Singapore Mercantile Exchange
- Indian Oil Corporation Limited
- Bhatia International Limited - India
- Bhoruka Overseas - Indonesia
- Price Waterhouse Coopers - Russia
- Coalindo Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- Global Green Power PLC Corporation, Philippines
- The State Trading Corporation of India Ltd
- Salva Resources Pvt Ltd - India
- Energy Development Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- Videocon Industries ltd - India
- Central Electricity Authority - India
- Billiton Holdings Pty Ltd - Australia
- Eastern Coal Council - USA
- Aboitiz Power Corporation - Philippines
- Latin American Coal - Colombia
- Metalloyd Limited - United Kingdom
- Petrochimia International Co. Ltd.- Taiwan
- Bahari Cakrawala Sebuku - Indonesia
- Oldendorff Carriers - Singapore
- Coal and Oil Company - UAE
- Cement Manufacturers Association - India
- Ind-Barath Power Infra Limited - India
- Maharashtra Electricity Regulatory Commission - India
- PetroVietnam Power Coal Import and Supply Company
- Kepco SPC Power Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Meralco Power Generation, Philippines
- Posco Energy - South Korea
- Toyota Tsusho Corporation, Japan
- International Coal Ventures Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- IHS Mccloskey Coal Group - USA
- Trasteel International SA, Italy
- Carbofer General Trading SA - India
- Petron Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Sical Logistics Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Romanian Commodities Exchange
- Australian Commodity Traders Exchange
- Gujarat Mineral Development Corp Ltd - India
- Indo Tambangraya Megah - Indonesia
- San Jose City I Power Corp, Philippines
- Savvy Resources Ltd - HongKong
- Ministry of Transport, Egypt
- Xindia Steels Limited - India
- LBH Netherlands Bv - Netherlands
- London Commodity Brokers - England
- Siam City Cement - Thailand
- GMR Energy Limited - India
- ASAPP Information Group - India
- Tata Chemicals Ltd - India
- Bharathi Cement Corporation - India
- Planning Commission, India
- CIMB Investment Bank - Malaysia
- Kalimantan Lumbung Energi - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Wood Mackenzie - Singapore
- Edison Trading Spa - Italy
- Ministry of Finance - Indonesia
- Aditya Birla Group - India
- PowerSource Philippines DevCo
- Karaikal Port Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Semirara Mining Corp, Philippines
- Leighton Contractors Pty Ltd - Australia
- Timah Investasi Mineral - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- New Zealand Coal & Carbon
- Semirara Mining and Power Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- South Luzon Thermal Energy Corporation
- Makarim & Taira - Indonesia
- Indonesian Coal Mining Association
- Agrawal Coal Company - India
- Mercuria Energy - Indonesia
- Commonwealth Bank - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Parliament of New Zealand
- Dalmia Cement Bharat India
- Vedanta Resources Plc - India
- Bangladesh Power Developement Board
- Bukit Baiduri Energy - Indonesia
- Madhucon Powers Ltd - India
- Globalindo Alam Lestari - Indonesia
- Georgia Ports Authority, United States
- Interocean Group of Companies - India
- Alfred C Toepfer International GmbH - Germany
- GN Power Mariveles Coal Plant, Philippines
- Banpu Public Company Limited - Thailand
- Mercator Lines Limited - India
- Attock Cement Pakistan Limited
- Mintek Dendrill Indonesia
- Medco Energi Mining Internasional
- Gujarat Electricity Regulatory Commission - India
- Wilmar Investment Holdings
- Barasentosa Lestari - Indonesia
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