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Wednesday, 22 January 20
INDIA: COAL PRODUCTION FROM CAPTIVE MINES RAISES 24% OUTPUT IN APRIL TO DECEMBER - FINANCIAL EXPRESS
Coal production from captive mines in the first nine months of the ongoing financial year was up 24% year-on-year (y-o-y) at 40.93 million tonne (MT). However, about 53% of the output came from coal blocks, which were not cancelled by the Supreme Court in its September 2014 order.
The apex court had then cancelled 204 out of 218 captive coal block licences, saying these had been allocated in an illegal and arbitrary manner. After the apex court ruling, 36 captive coal mines have been auctioned so far. Of these, 11 are producing coal at present. Allocations of nine mines have been terminated for various reasons.
The Union government has recently issued the Mineral Laws Amendment Ordinance, 2020, which removes end-use restrictions in coal blocks to be put up for auctions, essentially ending the practice of captive mining and allowing coal mine developers to sell the fuel to consumers in the open market. The MMDR Act, 1957, and the CMSP Act, 2015, have also been amended to allocate coal blocks for composite prospecting licence-cum-mining lease to make it more attractive for commercial mining. This has put an end to the long-held monopoly of public-sector behemoth Coal India (CIL).
Production by CIL declined 5.8% annually to 388.4 MT in the first nine months of FY20, mainly due to excessive rainfall hampering mining operations during the monsoons. Law and order issues in some major mines and several employee union strikes after the Cabinet’s February 2019 decision to ease mining norms for private companies also hampered the world’s largest miner’s production. CIL’s supply to the power sector also shrank 8.1% annually to 334.3 MT in April-December FY20. However, power plants are currently stocked with coal, which can last them for as many as 19 days. The fuel reserves had critically come down to 11 days in the same period last year. Experts have attributed lower coal off-take by power plants to muted electricity demand amid economic slowdown.
Coal companies have to moderate production according to off-take, as coal cannot be stockpiled beyond a certain quantity without the risk of catching fire.
Source: Financial Express
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Thursday, 05 March 20
SEABORNE COAL'S STRUGGLES IN ASIA ARE MORE THAN JUST CHINA CORONAVIRUS - REUTERS
Asia’s seaborne coal markets stumbled in February and it appears the coronavirus outbreak in China may dodge most of the blame, with the weak ...
Thursday, 05 March 20
INDONESIA'S BUKIT ASAM 2019 OUTPUT RISES 10.2% Y/Y - REUTERS
PT Bukit Asam, Indonesia’s state-owned coal miner, said on Wednesday its output in 2019 rose 10.2% to 29.1 million tonnes.
Coa ...
Thursday, 05 March 20
SEEING REMOTELY - IN SAFETY: BUREAU VERITAS PERFORMS FIRST SURVEY BY DRONE - BUREAU VERITAS
Bureau Veritas Marine & Offshore (BV), a world leader in testing, inspection and certification (TIC) services has completed its first survey by ...
Wednesday, 04 March 20
AN EPIDEMIC OF UNCERTAINTY - THE CORONAVIRUS AND FORCE MAJEURE - WFW
KNOWLEDGE TO ELEVATE
Do the effects of the coronavirus give rise to legitimate force majeure claims in connection with shipbuilding contracts ...
Wednesday, 04 March 20
CHINA IMPORTED 76.8 MLN TONNES OF CRUDE OIL FOR JANUARY & FEBRUARY 2020; UP 3.4% YOY - REFINITIV | BC
The COVID-19 crisis has been gripping China already for almost two months now. It’s having a huge negative impact on the economy, and this is ...
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- Carbofer General Trading SA - India
- SMC Global Power, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Jorong Barutama Greston.PT - Indonesia
- Karaikal Port Pvt Ltd - India
- Interocean Group of Companies - India
- Port Waratah Coal Services - Australia
- New Zealand Coal & Carbon
- Energy Development Corp, Philippines
- Uttam Galva Steels Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Semirara Mining Corp, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Independent Power Producers Association of India
- Jindal Steel & Power Ltd - India
- Minerals Council of Australia
- Romanian Commodities Exchange
- Indonesian Coal Mining Association
- Rashtriya Ispat Nigam Limited - India
- Kaltim Prima Coal - Indonesia
- Edison Trading Spa - Italy
- Indo Tambangraya Megah - Indonesia
- Sical Logistics Limited - India
- White Energy Company Limited
- Power Finance Corporation Ltd., India
- Cigading International Bulk Terminal - Indonesia
- Vizag Seaport Private Limited - India
- International Coal Ventures Pvt Ltd - India
- Georgia Ports Authority, United States
- The Treasury - Australian Government
- Chettinad Cement Corporation Ltd - India
- Thai Mozambique Logistica
- Gujarat Electricity Regulatory Commission - India
- TNB Fuel Sdn Bhd - Malaysia
- Pendopo Energi Batubara - Indonesia
- Bulk Trading Sa - Switzerland
- Formosa Plastics Group - Taiwan
- Renaissance Capital - South Africa
- Savvy Resources Ltd - HongKong
- Central Java Power - Indonesia
- Aditya Birla Group - India
- Toyota Tsusho Corporation, Japan
- GN Power Mariveles Coal Plant, Philippines
- Miang Besar Coal Terminal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Antam Resourcindo - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Straits Asia Resources Limited - Singapore
- Ind-Barath Power Infra Limited - India
- Kobexindo Tractors - Indoneisa
- CIMB Investment Bank - Malaysia
- Timah Investasi Mineral - Indoneisa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indogreen Group - Indonesia
- Oldendorff Carriers - Singapore
- Grasim Industreis Ltd - India
- Siam City Cement PLC, Thailand
- OPG Power Generation Pvt Ltd - India
- PowerSource Philippines DevCo
- Neyveli Lignite Corporation Ltd, - India
- GAC Shipping (India) Pvt Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Trasteel International SA, Italy
- Mercator Lines Limited - India
- Singapore Mercantile Exchange
- Kapuas Tunggal Persada - Indonesia
- South Luzon Thermal Energy Corporation
- Ambuja Cements Ltd - India
- Mjunction Services Limited - India
- Mercuria Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- LBH Netherlands Bv - Netherlands
- Vijayanagar Sugar Pvt Ltd - India
- Commonwealth Bank - Australia
- Bhoruka Overseas - Indonesia
- Borneo Indobara - Indonesia
- Thiess Contractors Indonesia
- Lanco Infratech Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Attock Cement Pakistan Limited
- Maheswari Brothers Coal Limited - India
- Iligan Light & Power Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Dalmia Cement Bharat India
- Bangladesh Power Developement Board
- Sree Jayajothi Cements Limited - India
- Coastal Gujarat Power Limited - India
- Makarim & Taira - Indonesia
- Directorate Of Revenue Intelligence - India
- AsiaOL BioFuels Corp., Philippines
- Anglo American - United Kingdom
- The University of Queensland
- Altura Mining Limited, Indonesia
- Vedanta Resources Plc - India
- Planning Commission, India
- Chamber of Mines of South Africa
- PTC India Limited - India
- Riau Bara Harum - Indonesia
- Metalloyd Limited - United Kingdom
- Krishnapatnam Port Company Ltd. - India
- Sojitz Corporation - Japan
- Asmin Koalindo Tuhup - Indonesia
- Aboitiz Power Corporation - Philippines
- The State Trading Corporation of India Ltd
- Standard Chartered Bank - UAE
- Sindya Power Generating Company Private Ltd
- GMR Energy Limited - India
- Alfred C Toepfer International GmbH - Germany
- IEA Clean Coal Centre - UK
- Australian Commodity Traders Exchange
- Africa Commodities Group - South Africa
- Sakthi Sugars Limited - India
- Parliament of New Zealand
- Bharathi Cement Corporation - India
- Gujarat Mineral Development Corp Ltd - India
- Latin American Coal - Colombia
- Orica Australia Pty. Ltd.
- Sinarmas Energy and Mining - Indonesia
- Price Waterhouse Coopers - Russia
- Coalindo Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Rio Tinto Coal - Australia
- Ministry of Mines - Canada
- Pipit Mutiara Jaya. PT, Indonesia
- Indian Energy Exchange, India
- Jaiprakash Power Ventures ltd
- CNBM International Corporation - China
- Bhatia International Limited - India
- Barasentosa Lestari - Indonesia
- Goldman Sachs - Singapore
- SMG Consultants - Indonesia
- Energy Link Ltd, New Zealand
- Madhucon Powers Ltd - India
- Wood Mackenzie - Singapore
- Kepco SPC Power Corporation, Philippines
- Heidelberg Cement - Germany
- Electricity Generating Authority of Thailand
- Bukit Baiduri Energy - Indonesia
- Merrill Lynch Commodities Europe
- SN Aboitiz Power Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Salva Resources Pvt Ltd - India
- GVK Power & Infra Limited - India
- ICICI Bank Limited - India
- Binh Thuan Hamico - Vietnam
- Banpu Public Company Limited - Thailand
- Semirara Mining and Power Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Samtan Co., Ltd - South Korea
- London Commodity Brokers - England
- Orica Mining Services - Indonesia
- Kartika Selabumi Mining - Indonesia
- Kumho Petrochemical, South Korea
- Medco Energi Mining Internasional
- Globalindo Alam Lestari - Indonesia
- Sarangani Energy Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Cement Manufacturers Association - India
- Indika Energy - Indonesia
- VISA Power Limited - India
- Global Business Power Corporation, Philippines
- Eastern Energy - Thailand
- Parry Sugars Refinery, India
- IHS Mccloskey Coal Group - USA
- Gujarat Sidhee Cement - India
- Meenaskhi Energy Private Limited - India
- Agrawal Coal Company - India
- Meralco Power Generation, Philippines
- Ministry of Finance - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Videocon Industries ltd - India
- MS Steel International - UAE
- Simpson Spence & Young - Indonesia
- Malabar Cements Ltd - India
- Global Green Power PLC Corporation, Philippines
- Eastern Coal Council - USA
- Economic Council, Georgia
- Coal and Oil Company - UAE
- McConnell Dowell - Australia
- Tata Chemicals Ltd - India
- Bukit Makmur.PT - Indonesia
- Intertek Mineral Services - Indonesia
- Global Coal Blending Company Limited - Australia
- Electricity Authority, New Zealand
- Maharashtra Electricity Regulatory Commission - India
- Manunggal Multi Energi - Indonesia
- Larsen & Toubro Limited - India
- Bayan Resources Tbk. - Indonesia
- Marubeni Corporation - India
- Bhushan Steel Limited - India
- Indian Oil Corporation Limited
- India Bulls Power Limited - India
- San Jose City I Power Corp, Philippines
- Ministry of Transport, Egypt
- PetroVietnam Power Coal Import and Supply Company
- Mintek Dendrill Indonesia
- Star Paper Mills Limited - India
- PNOC Exploration Corporation - Philippines
- Australian Coal Association
- Leighton Contractors Pty Ltd - Australia
- Xindia Steels Limited - India
- Posco Energy - South Korea
- Siam City Cement - Thailand
- Central Electricity Authority - India
- ASAPP Information Group - India
- Bukit Asam (Persero) Tbk - Indonesia
- TeaM Sual Corporation - Philippines
- Petron Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Baramulti Group, Indonesia
- European Bulk Services B.V. - Netherlands
- Tamil Nadu electricity Board
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Wilmar Investment Holdings
- Deloitte Consulting - India
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