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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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Tuesday, 03 March 20
IMPORTANCE OF MASTER'S CARGO CHECKS - BALTIC EXCHANGE
KNOWLEDGE TO ELEVATE
Adecision in recent High Court case has made it clear that there is no implied indemnity from a charterer to their counte ...
Tuesday, 03 March 20
COAL'S SHARE OF CHINA ENERGY MIX FALLS IN 2019 BUT CONSUMPTION STILL RISING - REUTERS
Coal accounted for 57.7% of China’s primary energy consumption in 2019, the National Bureau of Statistics said on Friday, down 1.5 percentage ...
Monday, 02 March 20
SHIPOWNERS AND OPERATORS COULD FACE DETENTION OF SHIPS FROM 1ST MARCH UNDER IMO RULE - ICS
Port state control authorities will begin to enforce the IMO’s Sulphur 2020 from 1st March, making it an offense for ships to carry fuel that ...
Saturday, 29 February 20
SUPRAMAX SENTIMENT WAS UP IN A FEW KEY AREAS OVER THE LAST WEEK - BALTIC BRIEFING
Capesize
The Capesize market woes related to Coronavirus have now spread through the wider global markets like wildfire. The wider supply and d ...
Thursday, 27 February 20
FOREIGN COMPANIES LIKELY TO SKIP COMMERCIAL COAL BLOCK AUCTIONS - ECONOMIC TIMES
The Centre is in the process of inviting global players for commercial mining, following 100% foreign direct investment in the sector. However, giv ...
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- Ministry of Mines - Canada
- Jindal Steel & Power Ltd - India
- Antam Resourcindo - Indonesia
- Ambuja Cements Ltd - India
- Singapore Mercantile Exchange
- Sojitz Corporation - Japan
- Goldman Sachs - Singapore
- Gujarat Electricity Regulatory Commission - India
- Uttam Galva Steels Limited - India
- Indika Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Borneo Indobara - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Attock Cement Pakistan Limited
- Pipit Mutiara Jaya. PT, Indonesia
- Baramulti Group, Indonesia
- Posco Energy - South Korea
- Globalindo Alam Lestari - Indonesia
- Iligan Light & Power Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Romanian Commodities Exchange
- Global Business Power Corporation, Philippines
- Energy Development Corp, Philippines
- The University of Queensland
- Kepco SPC Power Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Bayan Resources Tbk. - Indonesia
- ASAPP Information Group - India
- Leighton Contractors Pty Ltd - Australia
- Price Waterhouse Coopers - Russia
- International Coal Ventures Pvt Ltd - India
- Edison Trading Spa - Italy
- TNB Fuel Sdn Bhd - Malaysia
- Agrawal Coal Company - India
- Thai Mozambique Logistica
- Riau Bara Harum - Indonesia
- Therma Luzon, Inc, Philippines
- Latin American Coal - Colombia
- Rio Tinto Coal - Australia
- Thiess Contractors Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Vedanta Resources Plc - India
- Standard Chartered Bank - UAE
- Sakthi Sugars Limited - India
- Indonesian Coal Mining Association
- Kumho Petrochemical, South Korea
- Bharathi Cement Corporation - India
- Kartika Selabumi Mining - Indonesia
- Oldendorff Carriers - Singapore
- Mercuria Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Sindya Power Generating Company Private Ltd
- Ceylon Electricity Board - Sri Lanka
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ministry of Transport, Egypt
- Asmin Koalindo Tuhup - Indonesia
- Coastal Gujarat Power Limited - India
- Anglo American - United Kingdom
- Bank of Tokyo Mitsubishi UFJ Ltd
- Africa Commodities Group - South Africa
- Bulk Trading Sa - Switzerland
- Bhatia International Limited - India
- Maheswari Brothers Coal Limited - India
- Global Green Power PLC Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Krishnapatnam Port Company Ltd. - India
- Cement Manufacturers Association - India
- GAC Shipping (India) Pvt Ltd
- Kapuas Tunggal Persada - Indonesia
- LBH Netherlands Bv - Netherlands
- Energy Link Ltd, New Zealand
- India Bulls Power Limited - India
- Global Coal Blending Company Limited - Australia
- San Jose City I Power Corp, Philippines
- PNOC Exploration Corporation - Philippines
- Mintek Dendrill Indonesia
- Tamil Nadu electricity Board
- Medco Energi Mining Internasional
- Bukit Makmur.PT - Indonesia
- SN Aboitiz Power Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Interocean Group of Companies - India
- Indian Energy Exchange, India
- Marubeni Corporation - India
- PowerSource Philippines DevCo
- Tata Chemicals Ltd - India
- Australian Coal Association
- Vizag Seaport Private Limited - India
- Economic Council, Georgia
- Siam City Cement PLC, Thailand
- European Bulk Services B.V. - Netherlands
- McConnell Dowell - Australia
- Electricity Generating Authority of Thailand
- Larsen & Toubro Limited - India
- Merrill Lynch Commodities Europe
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Makarim & Taira - Indonesia
- Semirara Mining and Power Corporation, Philippines
- MS Steel International - UAE
- Coal and Oil Company - UAE
- Timah Investasi Mineral - Indoneisa
- GVK Power & Infra Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Madhucon Powers Ltd - India
- Bangladesh Power Developement Board
- Electricity Authority, New Zealand
- Kalimantan Lumbung Energi - Indonesia
- Kideco Jaya Agung - Indonesia
- Australian Commodity Traders Exchange
- Malabar Cements Ltd - India
- VISA Power Limited - India
- Eastern Energy - Thailand
- Eastern Coal Council - USA
- Independent Power Producers Association of India
- Xindia Steels Limited - India
- Chamber of Mines of South Africa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Intertek Mineral Services - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Orica Australia Pty. Ltd.
- Georgia Ports Authority, United States
- Planning Commission, India
- Port Waratah Coal Services - Australia
- Ind-Barath Power Infra Limited - India
- Indian Oil Corporation Limited
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indogreen Group - Indonesia
- Samtan Co., Ltd - South Korea
- The Treasury - Australian Government
- Coalindo Energy - Indonesia
- Directorate Of Revenue Intelligence - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Lanco Infratech Ltd - India
- Power Finance Corporation Ltd., India
- Petron Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Wilmar Investment Holdings
- Central Java Power - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Bahari Cakrawala Sebuku - Indonesia
- Essar Steel Hazira Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Aditya Birla Group - India
- Dalmia Cement Bharat India
- Straits Asia Resources Limited - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Sarangani Energy Corporation, Philippines
- London Commodity Brokers - England
- GMR Energy Limited - India
- Wood Mackenzie - Singapore
- Meenaskhi Energy Private Limited - India
- Bhoruka Overseas - Indonesia
- Semirara Mining Corp, Philippines
- Orica Mining Services - Indonesia
- Cigading International Bulk Terminal - Indonesia
- SMC Global Power, Philippines
- PTC India Limited - India
- IEA Clean Coal Centre - UK
- Bukit Baiduri Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Commonwealth Bank - Australia
- Alfred C Toepfer International GmbH - Germany
- Deloitte Consulting - India
- Pendopo Energi Batubara - Indonesia
- Indo Tambangraya Megah - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Kaltim Prima Coal - Indonesia
- Banpu Public Company Limited - Thailand
- Savvy Resources Ltd - HongKong
- Kohat Cement Company Ltd. - Pakistan
- TeaM Sual Corporation - Philippines
- Altura Mining Limited, Indonesia
- Trasteel International SA, Italy
- Minerals Council of Australia
- Ministry of Finance - Indonesia
- CNBM International Corporation - China
- Videocon Industries ltd - India
- Metalloyd Limited - United Kingdom
- Grasim Industreis Ltd - India
- Jaiprakash Power Ventures ltd
- Mjunction Services Limited - India
- OPG Power Generation Pvt Ltd - India
- Star Paper Mills Limited - India
- Mercator Lines Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Kobexindo Tractors - Indoneisa
- New Zealand Coal & Carbon
- ICICI Bank Limited - India
- Renaissance Capital - South Africa
- Barasentosa Lestari - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Parliament of New Zealand
- Bhushan Steel Limited - India
- Binh Thuan Hamico - Vietnam
- Toyota Tsusho Corporation, Japan
- Heidelberg Cement - Germany
- Jorong Barutama Greston.PT - Indonesia
- Parry Sugars Refinery, India
- Gujarat Sidhee Cement - India
- Sree Jayajothi Cements Limited - India
- Siam City Cement - Thailand
- Chettinad Cement Corporation Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Sical Logistics Limited - India
- IHS Mccloskey Coal Group - USA
- CIMB Investment Bank - Malaysia
- White Energy Company Limited
- Simpson Spence & Young - Indonesia
- Central Electricity Authority - India
- Carbofer General Trading SA - India
- SMG Consultants - Indonesia
- Meralco Power Generation, Philippines
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