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Thursday, 07 May 20
CIL'S SUPPLY TO POWER SECTOR FALLS IN MARCH AMID SLUMP IN COAL DEMAND - PTI
 The supply of coal to the power sector by state-owned CIL registered a decline of eight per cent to 42.30 million tonne in March in the wake of slump in the fuel demand due to lockdown. CIL dispatched 45.84 million tonne (MT) of coal in the corresponding month of 2018-19, the coal ministry said in its latest report to the Cabinet.
In 2019-20, the supply of fuel by Coal India Ltd (CIL) to the power sector dropped by six per cent to 463 MT as compared to 491.5 MT in 2018-19.
CIL, the world’s largest coal producing company, is a major supplier of the dry fuel to the power sector in India.
The coal supply by state-owned Singareni Collieries Company Ltd (SCCL) to the power sector also dropped by 19 per cent to 4.35 MT in March, over 5.35 MT in the year-ago period.
In 2019-20, SCCL dispatched 52.95 MT of coal as compared to 55.38 MT in the previous fiscal, registering a decline of 4.4 per cent.
With the power sector, a major consumer of the dry fuel, witnessing almost 30 per cent drop in fuel consumption amid the lockdown, CIL has shifted its focus to overburden removal — the process of removing the top soil and rock to expose coal seams in its open cast mines.
The enhancement in overburden removal will enable CIL to accelerate production whenever the demand picks up and coal can be supplied to its customers at short notice.
Over 95 per cent of CIL’s production comes from its 171 open cast mines.
The PSU removed 114.43 million cubic metres of overburden in its open cast mines in April 2020, as compared to 104.22 million cubic metres during the same period last year, registering an increase of 9.7 per cent.
A Central Electricity Authority (CEA) report said that as on April 30, 2020, there were 50.89 MT of coal stocked up at the power houses in India, enough to last for 31 days.
CIL itself has a pit-head stock of about 76 MT as on April 30.
The PSU is in regular touch with its customers, especially in the southern states, and is pursuing them to increase the intake of domestic coal as a substitute for imported coal.
CIL, which accounts for over 80 per cent of domestic coal output, is eyeing one billion tonne of production by 2023-24.
Source: PTI
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Wednesday, 05 August 20
SLUMP IN OIL REVENUE CHALLENGES MIDDLE EAST OIL EXPORTERS - INTERMODAL
The Covid-19 pandemic has had far-reaching consequences on the global capital markets. Despite the US government’s efforts for a quick and de ...
Tuesday, 04 August 20
KOEN INVITED BIDS FOR TOTAL 900K MT OF MIN 5600 NCV COAL FOR 3 YEARS
COALspot.com: South Korea’s KOREA SOUTH-EAST POWER CO., LTD. (KOEN) has issued an international tender for 260,000 to 300,000 Tons (MT) min. ...
Tuesday, 04 August 20
THE WORLD’S FLEET OF COAL-FIRED POWER STATIONS HAS GOT SMALLER FOR THE FIRST TIME ON RECORD, WITH MORE CAPACITY RETIRED IN THE FIRST HALF OF 2020 THAN THE AMOUNT OPENED - IEA
This is according to the latest Global Coal Plant Tracker (GCPT) results by Global Energy Monitor (GEM), which we completed last month and report f ...
Monday, 03 August 20
U.S. COAL CONSUMPTION, WHICH HAS DECLINED SINCE ITS 2007 PEAK, FELL TO ITS LOWEST POINT IN APRIL 2020 - EIA
According to the U.S. Energy Information Administration’s (EIA) most recent Monthly Energy Review, the United States consumed 6.5 quadrillion ...
Monday, 03 August 20
LOW OIL PRICE AND CORONA VIRUS HIT SUB-SAHARAN AFRICA OIL PRODUCERS - FITCH RATINGS
The collapse in oil prices and the coronavirus shock is worsening the fiscal and external balances of sub-Saharan African oil producers, Fitch Rati ...
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- Africa Commodities Group - South Africa
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- Kohat Cement Company Ltd. - Pakistan
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- Power Finance Corporation Ltd., India
- Attock Cement Pakistan Limited
- Indian Oil Corporation Limited
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- Alfred C Toepfer International GmbH - Germany
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- Meenaskhi Energy Private Limited - India
- Sakthi Sugars Limited - India
- Ministry of Mines - Canada
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- Minerals Council of Australia
- Price Waterhouse Coopers - Russia
- Kaltim Prima Coal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Miang Besar Coal Terminal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Coal and Oil Company - UAE
- PNOC Exploration Corporation - Philippines
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- Indika Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Tata Chemicals Ltd - India
- Global Green Power PLC Corporation, Philippines
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- GN Power Mariveles Coal Plant, Philippines
- Dalmia Cement Bharat India
- Singapore Mercantile Exchange
- Aboitiz Power Corporation - Philippines
- Straits Asia Resources Limited - Singapore
- Toyota Tsusho Corporation, Japan
- Ministry of Finance - Indonesia
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- Cement Manufacturers Association - India
- Thai Mozambique Logistica
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- McConnell Dowell - Australia
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- Agrawal Coal Company - India
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- Samtan Co., Ltd - South Korea
- Wood Mackenzie - Singapore
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- Indo Tambangraya Megah - Indonesia
- Bhatia International Limited - India
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- Port Waratah Coal Services - Australia
- International Coal Ventures Pvt Ltd - India
- Petron Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
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- IHS Mccloskey Coal Group - USA
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- Sical Logistics Limited - India
- Georgia Ports Authority, United States
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- Mercator Lines Limited - India
- TeaM Sual Corporation - Philippines
- Goldman Sachs - Singapore
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- Mjunction Services Limited - India
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- Meralco Power Generation, Philippines
- Bhushan Steel Limited - India
- Sindya Power Generating Company Private Ltd
- Oldendorff Carriers - Singapore
- Eastern Coal Council - USA
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- Anglo American - United Kingdom
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- IEA Clean Coal Centre - UK
- Edison Trading Spa - Italy
- Australian Coal Association
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- AsiaOL BioFuels Corp., Philippines
- Manunggal Multi Energi - Indonesia
- Renaissance Capital - South Africa
- Thiess Contractors Indonesia
- PowerSource Philippines DevCo
- Vizag Seaport Private Limited - India
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- San Jose City I Power Corp, Philippines
- Deloitte Consulting - India
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- The State Trading Corporation of India Ltd
- Electricity Authority, New Zealand
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- SMC Global Power, Philippines
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- Eastern Energy - Thailand
- Mintek Dendrill Indonesia
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- Energy Development Corp, Philippines
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- Therma Luzon, Inc, Philippines
- Bharathi Cement Corporation - India
- Ministry of Transport, Egypt
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- Karbindo Abesyapradhi - Indoneisa
- Rio Tinto Coal - Australia
- Parliament of New Zealand
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- PTC India Limited - India
- Heidelberg Cement - Germany
- Semirara Mining and Power Corporation, Philippines
- Uttam Galva Steels Limited - India
- Global Coal Blending Company Limited - Australia
- Kobexindo Tractors - Indoneisa
- GVK Power & Infra Limited - India
- Semirara Mining Corp, Philippines
- Lanco Infratech Ltd - India
- New Zealand Coal & Carbon
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- Chamber of Mines of South Africa
- India Bulls Power Limited - India
- Coalindo Energy - Indonesia
- Indonesian Coal Mining Association
- Neyveli Lignite Corporation Ltd, - India
- Videocon Industries ltd - India
- Tamil Nadu electricity Board
- SN Aboitiz Power Inc, Philippines
- Planning Commission, India
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- Central Electricity Authority - India
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- Ind-Barath Power Infra Limited - India
- The Treasury - Australian Government
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- Krishnapatnam Port Company Ltd. - India
- Petrochimia International Co. Ltd.- Taiwan
- Carbofer General Trading SA - India
- Malabar Cements Ltd - India
- MS Steel International - UAE
- Romanian Commodities Exchange
- Latin American Coal - Colombia
- Australian Commodity Traders Exchange
- Bulk Trading Sa - Switzerland
- Standard Chartered Bank - UAE
- Kumho Petrochemical, South Korea
- The University of Queensland
- Energy Link Ltd, New Zealand
- Asmin Koalindo Tuhup - Indonesia
- Banpu Public Company Limited - Thailand
- Larsen & Toubro Limited - India
- Riau Bara Harum - Indonesia
- Directorate Of Revenue Intelligence - India
- Leighton Contractors Pty Ltd - Australia
- Directorate General of MIneral and Coal - Indonesia
- South Luzon Thermal Energy Corporation
- Bahari Cakrawala Sebuku - Indonesia
- Altura Mining Limited, Indonesia
- Globalindo Alam Lestari - Indonesia
- Iligan Light & Power Inc, Philippines
- Metalloyd Limited - United Kingdom
- Gujarat Mineral Development Corp Ltd - India
- CNBM International Corporation - China
- Timah Investasi Mineral - Indoneisa
- SMG Consultants - Indonesia
- White Energy Company Limited
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- Pendopo Energi Batubara - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Star Paper Mills Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Global Business Power Corporation, Philippines
- Orica Australia Pty. Ltd.
- Maheswari Brothers Coal Limited - India
- Indian Energy Exchange, India
- TNB Fuel Sdn Bhd - Malaysia
- VISA Power Limited - India
- Bangladesh Power Developement Board
- Jorong Barutama Greston.PT - Indonesia
- European Bulk Services B.V. - Netherlands
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- Ceylon Electricity Board - Sri Lanka
- Madhucon Powers Ltd - India
- London Commodity Brokers - England
- Jindal Steel & Power Ltd - India
- Ambuja Cements Ltd - India
- Economic Council, Georgia
- Bukit Makmur.PT - Indonesia
- Siam City Cement PLC, Thailand
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