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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, 18 February 20
ADARO REMAINS POSITIVE ON THE LONG-TERM FUNDAMENTALS OF COAL MARKET SUPPORTED BY THE SOUTHEAST ASIA AND SOUTH ASIA REGION
The global seaborne thermal coal market in 2019 was faced with macro and industry challenges which pushed international coa ...
Tuesday, 18 February 20
CORONAVIRUS AND ITS IMPACT ON YOUR CONTRACT - CAN YOU RELY ON 'FORCE MAJEURE'? - INCE
KNOWLEDGE TO ELEVATE
On 30 January 2020, the World Health Organization (WHO) declared that the outbreak of the Novel Coronavirus (officially t ...
Monday, 17 February 20
IMO-2020 SULPHUR CAP - ISSUES TO CONSIDER PRIOR TO THE IMPLEMENTATION OF THE CARRIAGE BAN ON 1 MARCH 2020 - STANDARD CLUB
With the IMO 2020 global sulphur cap now in force, members should bear in mind another significant date in relation to the ‘carriage ban&rsqu ...
Monday, 17 February 20
COVID-19: THE EFFECT OF THIS PUBLIC HEALTH EMERGENCY ON CHARTERPARTY TERMS - GARD
KNOWLEDGE TO ELEVATE
Is it useful to compare the COVID-19 with earlier disease outbreaks?
A comparison with the Ebola outbreak ...
Saturday, 15 February 20
CHINA'S BENCHMARK POWER COAL PRICE EDGES UP - REUTERS
China’s benchmark power coal price rose slightly during the past week.
The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge of ...
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- White Energy Company Limited
- Indonesian Coal Mining Association
- Thai Mozambique Logistica
- Eastern Coal Council - USA
- Sical Logistics Limited - India
- Malabar Cements Ltd - India
- The Treasury - Australian Government
- Carbofer General Trading SA - India
- Tamil Nadu electricity Board
- ASAPP Information Group - India
- Orica Mining Services - Indonesia
- SN Aboitiz Power Inc, Philippines
- Independent Power Producers Association of India
- South Luzon Thermal Energy Corporation
- Uttam Galva Steels Limited - India
- Meralco Power Generation, Philippines
- LBH Netherlands Bv - Netherlands
- Videocon Industries ltd - India
- Parry Sugars Refinery, India
- TeaM Sual Corporation - Philippines
- Pendopo Energi Batubara - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Wood Mackenzie - Singapore
- Oldendorff Carriers - Singapore
- Mercator Lines Limited - India
- Petron Corporation, Philippines
- Latin American Coal - Colombia
- ICICI Bank Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Romanian Commodities Exchange
- Kobexindo Tractors - Indoneisa
- Mercuria Energy - Indonesia
- Marubeni Corporation - India
- Bulk Trading Sa - Switzerland
- MS Steel International - UAE
- Kohat Cement Company Ltd. - Pakistan
- Ministry of Mines - Canada
- Goldman Sachs - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Interocean Group of Companies - India
- The State Trading Corporation of India Ltd
- AsiaOL BioFuels Corp., Philippines
- Australian Commodity Traders Exchange
- European Bulk Services B.V. - Netherlands
- Essar Steel Hazira Ltd - India
- Planning Commission, India
- Bangladesh Power Developement Board
- Indian Oil Corporation Limited
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Energy Link Ltd, New Zealand
- Australian Coal Association
- Straits Asia Resources Limited - Singapore
- Makarim & Taira - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- GMR Energy Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Salva Resources Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- PetroVietnam Power Coal Import and Supply Company
- Iligan Light & Power Inc, Philippines
- Eastern Energy - Thailand
- Bayan Resources Tbk. - Indonesia
- International Coal Ventures Pvt Ltd - India
- Deloitte Consulting - India
- Indo Tambangraya Megah - Indonesia
- Altura Mining Limited, Indonesia
- Kapuas Tunggal Persada - Indonesia
- Tata Chemicals Ltd - India
- Rio Tinto Coal - Australia
- Kaltim Prima Coal - Indonesia
- Banpu Public Company Limited - Thailand
- Borneo Indobara - Indonesia
- London Commodity Brokers - England
- GVK Power & Infra Limited - India
- Ministry of Finance - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Therma Luzon, Inc, Philippines
- Attock Cement Pakistan Limited
- Mintek Dendrill Indonesia
- Heidelberg Cement - Germany
- Posco Energy - South Korea
- Indian Energy Exchange, India
- India Bulls Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- Gujarat Electricity Regulatory Commission - India
- Bhoruka Overseas - Indonesia
- Merrill Lynch Commodities Europe
- Ambuja Cements Ltd - India
- Binh Thuan Hamico - Vietnam
- Bhatia International Limited - India
- Cigading International Bulk Terminal - Indonesia
- Edison Trading Spa - Italy
- GAC Shipping (India) Pvt Ltd
- GN Power Mariveles Coal Plant, Philippines
- Vedanta Resources Plc - India
- Standard Chartered Bank - UAE
- Petrochimia International Co. Ltd.- Taiwan
- Jaiprakash Power Ventures ltd
- Parliament of New Zealand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Miang Besar Coal Terminal - Indonesia
- Chamber of Mines of South Africa
- Meenaskhi Energy Private Limited - India
- McConnell Dowell - Australia
- Power Finance Corporation Ltd., India
- Bukit Asam (Persero) Tbk - Indonesia
- Cement Manufacturers Association - India
- Medco Energi Mining Internasional
- Central Electricity Authority - India
- Leighton Contractors Pty Ltd - Australia
- Toyota Tsusho Corporation, Japan
- Minerals Council of Australia
- Price Waterhouse Coopers - Russia
- Semirara Mining Corp, Philippines
- Kartika Selabumi Mining - Indonesia
- San Jose City I Power Corp, Philippines
- Ind-Barath Power Infra Limited - India
- PowerSource Philippines DevCo
- CNBM International Corporation - China
- Sinarmas Energy and Mining - Indonesia
- Intertek Mineral Services - Indonesia
- Karaikal Port Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ministry of Transport, Egypt
- Trasteel International SA, Italy
- Madhucon Powers Ltd - India
- Indogreen Group - Indonesia
- Bharathi Cement Corporation - India
- Xindia Steels Limited - India
- Holcim Trading Pte Ltd - Singapore
- Siam City Cement PLC, Thailand
- Simpson Spence & Young - Indonesia
- Coastal Gujarat Power Limited - India
- Electricity Authority, New Zealand
- Africa Commodities Group - South Africa
- Formosa Plastics Group - Taiwan
- Directorate General of MIneral and Coal - Indonesia
- Larsen & Toubro Limited - India
- Baramulti Group, Indonesia
- Coalindo Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Mjunction Services Limited - India
- Bhushan Steel Limited - India
- Aboitiz Power Corporation - Philippines
- Commonwealth Bank - Australia
- Barasentosa Lestari - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Lanco Infratech Ltd - India
- PNOC Exploration Corporation - Philippines
- Singapore Mercantile Exchange
- Kideco Jaya Agung - Indonesia
- Thiess Contractors Indonesia
- Krishnapatnam Port Company Ltd. - India
- Manunggal Multi Energi - Indonesia
- Star Paper Mills Limited - India
- Aditya Birla Group - India
- Jindal Steel & Power Ltd - India
- Maheswari Brothers Coal Limited - India
- Electricity Generating Authority of Thailand
- Chettinad Cement Corporation Ltd - India
- Metalloyd Limited - United Kingdom
- TNB Fuel Sdn Bhd - Malaysia
- Rashtriya Ispat Nigam Limited - India
- The University of Queensland
- Grasim Industreis Ltd - India
- Vizag Seaport Private Limited - India
- IHS Mccloskey Coal Group - USA
- Orica Australia Pty. Ltd.
- Maharashtra Electricity Regulatory Commission - India
- Georgia Ports Authority, United States
- Global Business Power Corporation, Philippines
- Riau Bara Harum - Indonesia
- Siam City Cement - Thailand
- Samtan Co., Ltd - South Korea
- Wilmar Investment Holdings
- OPG Power Generation Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Agrawal Coal Company - India
- Indika Energy - Indonesia
- Sojitz Corporation - Japan
- Energy Development Corp, Philippines
- Global Coal Blending Company Limited - Australia
- Global Green Power PLC Corporation, Philippines
- IEA Clean Coal Centre - UK
- Kepco SPC Power Corporation, Philippines
- Economic Council, Georgia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Antam Resourcindo - Indonesia
- New Zealand Coal & Carbon
- PTC India Limited - India
- Port Waratah Coal Services - Australia
- Anglo American - United Kingdom
- CIMB Investment Bank - Malaysia
- Renaissance Capital - South Africa
- Bukit Baiduri Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- SMG Consultants - Indonesia
- Central Java Power - Indonesia
- Sindya Power Generating Company Private Ltd
- Sakthi Sugars Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Coal and Oil Company - UAE
- SMC Global Power, Philippines
- Globalindo Alam Lestari - Indonesia
- Dalmia Cement Bharat India
- Gujarat Sidhee Cement - India
- Neyveli Lignite Corporation Ltd, - India
- Kumho Petrochemical, South Korea
- Timah Investasi Mineral - Indoneisa
- Savvy Resources Ltd - HongKong
- Bahari Cakrawala Sebuku - Indonesia
- VISA Power Limited - India
- Ceylon Electricity Board - Sri Lanka
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