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Thursday, 23 January 20
COAL-BASED ELECTRICITY GENERATION SURGES 95% IN 2019 - PROFIT PAKISTAN TODAY
Coal-based power generation jumped 94.5 percent to 2,030 Gigawatt hours (GWh) in the year to November 2019, taking its share in the country’s energy mix to 27 percent, thanks to China Power Hub Generation and Engro Powergen Thar project.
China Power Hub Generation Company (CPHGC) set up a 1,320-megawatt plant at a cost of $2 billion at Hub, Balochistan, under the China-Pakistan Economic Corridor (CPEC).
The imported coal-fired power plant started commercial operations by supplying power to the national grid station in August 2019. The Engro Powergen Thar project of 660MW, set up at an estimated cost of $1.1 billion, operational in July 2019.
China is investing in 21 energy projects under the CPEC, a flagship project under the larger Belt and Road Initiative. The majority of this investment has gone into coal power generation.
According to data released by National Electric Power Regulatory Authority (NEPRA) the other day said overall electricity generation clocked in at 7,434GWh (10,325 MW) during November 2019, compared to 7,546GWh (10,480 MW) in the same month of 2018. Major contributors during the month were hydel, coal, nuclear, gas and RLNG (regasified liquefied natural gas). On yearly basis, coal-based power generation increased by 95 percent followed by 13 percent rise in hydel-based generation. However, gas and RLNG based generation went down by 54 percent and 47 percent, respectively.
There was zero generation on furnace oil, which is the most expensive source for power generation. Similarly bagasse-based cost of generation also went down by 11.4 percent to Rs5.5/KWh.
On the other hand, hydel-based power generation went up 13.1 percent year-on-year to 2,900GWh, nuclear-based increased 4.6 percent year-on-year to 858GWh, wind-based power was up 19.7 percent to 152GWh, while solar-based power generation inched up 2.4 percent to 49GWh.
Source: Profit Pakistan Today
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Sunday, 24 January 21
GOVT ASSURES COAL INDIA OF 'FULL SUPPORT', STRESSES ON LEARNING 'NEW THINGS' - PTI
Coal Minister Pralhad Joshi assured Coal India of full government support, even as he said the PSU needs to learn “new things” for impr ...
Saturday, 23 January 21
GOVT PLANNING TO OPEN UP COAL MARKETING TO STREAMLINE PROCESS - THE INDIAN EXPRESS
The government is considering opening up coal marketing, Coal Secretary Anil Kumar Jain said on Thursday. Currently, production by Coal India is al ...
Thursday, 21 January 21
LNG MARKET RIDING HIGH, BUT WILL THE GAINS CONTINUE? - DREWRY
The LNG market started 2021 on a high note with Asian spot prices crossing $30 per MMBtu while LNG shipping rates recorded a high $350k per day due ...
Thursday, 21 January 21
CHINA'S SPOT THERMAL COAL PRICES REFRESH RECORD HIGH - MYSTEEL
Despite the moderate rebound in temperatures across most regions of China after late December’s deep-freeze, thermal coal prices in the count ...
Wednesday, 20 January 21
CORONAVIRUS OUTBREAK IN HEBEI HAS LIMITED IMPACT ON CHINA'S STEEL INDUSTRY - FITCH RATINGS
The recent Covid-19 outbreak in the steel producing hub Hebei will not have material impact on China’s steel industry, Fitch Ratings says.
...
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OPG Power Generation Pvt Ltd - India
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Parry Sugars Refinery, India
Coalindo Energy - Indonesia
Neyveli Lignite Corporation Ltd, - India
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Ind-Barath Power Infra Limited - India
Ambuja Cements Ltd - India
Marubeni Corporation - India
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VISA Power Limited - India
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Siam City Cement - Thailand
Global Coal Blending Company Limited - Australia
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Alfred C Toepfer International GmbH - Germany
Ministry of Mines - Canada
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New Zealand Coal & Carbon
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Power Finance Corporation Ltd., India
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Essar Steel Hazira Ltd - India
Antam Resourcindo - Indonesia
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European Bulk Services B.V. - Netherlands