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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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Monday, 20 July 20
COAL INDIA LAUNCHES SPECIAL CATEGORY OF E-AUCTION FOR COAL IMPORTERS - BUSINESS STANDARD
Coal India (CIL) on Friday launched a special category of e-auction for importers of coal. This is in line with the government’s declaration ...
Monday, 20 July 20
OIL PRICE OF $40-43 PER BARREL MORE OR LESS BALANCED - NOVAK | TASS
The Russian Ministry of Energy considers the current oil price of $40-43 per barrel more or less balanced and does not expect price changes after t ...
Monday, 20 July 20
SUPRAMAX: A 63,000 OPEN NORTH CHINA FIXING AN AUSTRALIAN ROUND IN THE LOW $10,000S - BALTIC BRIEFING
Capesize
The capesize market showed some resistance this week to recent losses as all routes saw a small uptick in value to end the week. With ...
Friday, 17 July 20
MISC MALAYSIA ENTERS INTO PURCHASE AGREEMENTS AND TIME CHARTER PARTIES FOR SIX VLECS
MISC Berhad (MISC) has entered into Memorandum of Agreements (MOAs) with six indirect wholly-owned subsidiaries of Zhejiang Satellite Petrochem ...
Wednesday, 15 July 20
HOW MEANINGFUL ARE SOME ESTIMATES FOR INDIA’S COAL CONSUMPTION DATA? - IEEFA
In recent years, BP's estimates for India have contained what appears to be a record of over-optimistic projections
BP’s a ...
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- Binh Thuan Hamico - Vietnam
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- Global Coal Blending Company Limited - Australia
- London Commodity Brokers - England
- IHS Mccloskey Coal Group - USA
- Ind-Barath Power Infra Limited - India
- Manunggal Multi Energi - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Larsen & Toubro Limited - India
- Posco Energy - South Korea
- PowerSource Philippines DevCo
- Bukit Baiduri Energy - Indonesia
- Economic Council, Georgia
- Electricity Authority, New Zealand
- Indian Energy Exchange, India
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- Marubeni Corporation - India
- Chamber of Mines of South Africa
- Petrochimia International Co. Ltd.- Taiwan
- Independent Power Producers Association of India
- Ministry of Mines - Canada
- Bukit Makmur.PT - Indonesia
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- Orica Mining Services - Indonesia
- Karaikal Port Pvt Ltd - India
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- SMC Global Power, Philippines
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- White Energy Company Limited
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- Formosa Plastics Group - Taiwan
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GMR Energy Limited - India
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- Planning Commission, India
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- GVK Power & Infra Limited - India
- Central Java Power - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Commonwealth Bank - Australia
- Intertek Mineral Services - Indonesia
- Energy Development Corp, Philippines
- Siam City Cement PLC, Thailand
- Merrill Lynch Commodities Europe
- Energy Link Ltd, New Zealand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coastal Gujarat Power Limited - India
- MS Steel International - UAE
- Wilmar Investment Holdings
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- Ministry of Transport, Egypt
- Indian Oil Corporation Limited
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- Agrawal Coal Company - India
- Meenaskhi Energy Private Limited - India
- Attock Cement Pakistan Limited
- European Bulk Services B.V. - Netherlands
- Tata Chemicals Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Australian Commodity Traders Exchange
- Cigading International Bulk Terminal - Indonesia
- Edison Trading Spa - Italy
- Directorate Of Revenue Intelligence - India
- International Coal Ventures Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Madhucon Powers Ltd - India
- VISA Power Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Price Waterhouse Coopers - Russia
- Kumho Petrochemical, South Korea
- Jindal Steel & Power Ltd - India
- SMG Consultants - Indonesia
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- Parry Sugars Refinery, India
- Alfred C Toepfer International GmbH - Germany
- GN Power Mariveles Coal Plant, Philippines
- Anglo American - United Kingdom
- IEA Clean Coal Centre - UK
- Vijayanagar Sugar Pvt Ltd - India
- Wood Mackenzie - Singapore
- PNOC Exploration Corporation - Philippines
- The University of Queensland
- Goldman Sachs - Singapore
- Meralco Power Generation, Philippines
- Antam Resourcindo - Indonesia
- Standard Chartered Bank - UAE
- PTC India Limited - India
- Sojitz Corporation - Japan
- Bayan Resources Tbk. - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Mintek Dendrill Indonesia
- Medco Energi Mining Internasional
- Port Waratah Coal Services - Australia
- Bangladesh Power Developement Board
- GAC Shipping (India) Pvt Ltd
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- Singapore Mercantile Exchange
- Trasteel International SA, Italy
- Rio Tinto Coal - Australia
- Kepco SPC Power Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Globalindo Alam Lestari - Indonesia
- Ministry of Finance - Indonesia
- Straits Asia Resources Limited - Singapore
- ASAPP Information Group - India
- Minerals Council of Australia
- Kohat Cement Company Ltd. - Pakistan
- Billiton Holdings Pty Ltd - Australia
- Makarim & Taira - Indonesia
- Jaiprakash Power Ventures ltd
- Vizag Seaport Private Limited - India
- CIMB Investment Bank - Malaysia
- Leighton Contractors Pty Ltd - Australia
- Samtan Co., Ltd - South Korea
- Iligan Light & Power Inc, Philippines
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- Sindya Power Generating Company Private Ltd
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- Central Electricity Authority - India
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- OPG Power Generation Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Georgia Ports Authority, United States
- Ceylon Electricity Board - Sri Lanka
- Bulk Trading Sa - Switzerland
- Electricity Generating Authority of Thailand
- Dalmia Cement Bharat India
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- Africa Commodities Group - South Africa
- Gujarat Sidhee Cement - India
- Global Business Power Corporation, Philippines
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- Australian Coal Association
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- Holcim Trading Pte Ltd - Singapore
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- Thiess Contractors Indonesia
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- Karbindo Abesyapradhi - Indoneisa
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- PetroVietnam Power Coal Import and Supply Company
- Bahari Cakrawala Sebuku - Indonesia
- Metalloyd Limited - United Kingdom
- Maharashtra Electricity Regulatory Commission - India
- CNBM International Corporation - China
- Sical Logistics Limited - India
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- Therma Luzon, Inc, Philippines
- Vedanta Resources Plc - India
- Semirara Mining and Power Corporation, Philippines
- The Treasury - Australian Government
- Thai Mozambique Logistica
- Sarangani Energy Corporation, Philippines
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- Aboitiz Power Corporation - Philippines
- Malabar Cements Ltd - India
- Oldendorff Carriers - Singapore
- Coal and Oil Company - UAE
- Eastern Energy - Thailand
- Siam City Cement - Thailand
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