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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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Friday, 17 April 20
OPEC BRACES FOR OIL MARKET'S "HISTORIC SHOCK"
OPEC released its much anticipated April monthly report.
Crude Oil Price Movements
Crude oil prices collapsed in March 2020, rec ...
Friday, 17 April 20
SAUDI ARABIA'S MAY 2020 OSPS FOR CRUDE EXPORTS BODE WELL FOR ASIAN REFINERS - WOOD MACKENZIE
On 13 April, Saudi Arabia announced the Official Selling Prices (OSPs) for its May crude oil exports. The new OSPs speak volumes about Saudi Arabia ...
Friday, 17 April 20
SEABORNE COAL PRICES UNDER PRESSURE AS DEMAND SOFTENS IN CHINA, INDIA - CLYDE RUSSELL
Worrying signs are emerging for coal exporters to the world’s biggest markets in Asia, as top buyers China and India move to favour domestic ...
Thursday, 16 April 20
THERMAL POWER SECTOR FACES BLEAK SCENARIO POST-COVID SITUATION - THE HINDU BUSINESS LINE
The centre should take a fresh look at coal-energy value chain as the sector tops the chart on loan defaults.
Covid-19 may have serv ...
Thursday, 16 April 20
CHINA'S BENCHMARK POWER COAL PRICE FALLS 5 YUAN PER TONNE - XINHUA
China’s benchmark power coal price fell by 5 yuan (about 70 U.S. cents) per tonne during the past week.
The Bohai-Rim Steam-Co ...
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- Chamber of Mines of South Africa
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- GMR Energy Limited - India
- Binh Thuan Hamico - Vietnam
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
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- Wood Mackenzie - Singapore
- Parliament of New Zealand
- Global Business Power Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Singapore Mercantile Exchange
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- Holcim Trading Pte Ltd - Singapore
- Latin American Coal - Colombia
- Energy Link Ltd, New Zealand
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- London Commodity Brokers - England
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- Bank of Tokyo Mitsubishi UFJ Ltd
- OPG Power Generation Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Edison Trading Spa - Italy
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Goldman Sachs - Singapore
- Larsen & Toubro Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Minerals Council of Australia
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- Bulk Trading Sa - Switzerland
- Karaikal Port Pvt Ltd - India
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- Deloitte Consulting - India
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- The Treasury - Australian Government
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- Ministry of Mines - Canada
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- New Zealand Coal & Carbon
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- Ministry of Finance - Indonesia
- Maharashtra Electricity Regulatory Commission - India
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- Metalloyd Limited - United Kingdom
- Indian Oil Corporation Limited
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- Sical Logistics Limited - India
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- White Energy Company Limited
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- Rashtriya Ispat Nigam Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Simpson Spence & Young - Indonesia
- Commonwealth Bank - Australia
- Borneo Indobara - Indonesia
- Maheswari Brothers Coal Limited - India
- Miang Besar Coal Terminal - Indonesia
- Pendopo Energi Batubara - Indonesia
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- Altura Mining Limited, Indonesia
- Aboitiz Power Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
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- Leighton Contractors Pty Ltd - Australia
- Standard Chartered Bank - UAE
- Sarangani Energy Corporation, Philippines
- Georgia Ports Authority, United States
- Sinarmas Energy and Mining - Indonesia
- Sree Jayajothi Cements Limited - India
- Kumho Petrochemical, South Korea
- Eastern Coal Council - USA
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- The State Trading Corporation of India Ltd
- Eastern Energy - Thailand
- Rio Tinto Coal - Australia
- Sindya Power Generating Company Private Ltd
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- Wilmar Investment Holdings
- GVK Power & Infra Limited - India
- McConnell Dowell - Australia
- Timah Investasi Mineral - Indoneisa
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- ASAPP Information Group - India
- Attock Cement Pakistan Limited
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- Kohat Cement Company Ltd. - Pakistan
- Thai Mozambique Logistica
- Ministry of Transport, Egypt
- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- IHS Mccloskey Coal Group - USA
- PetroVietnam Power Coal Import and Supply Company
- Toyota Tsusho Corporation, Japan
- Gujarat Mineral Development Corp Ltd - India
- Posco Energy - South Korea
- Gujarat Electricity Regulatory Commission - India
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- Indian Energy Exchange, India
- Tamil Nadu electricity Board
- Semirara Mining Corp, Philippines
- Madhucon Powers Ltd - India
- PTC India Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- CIMB Investment Bank - Malaysia
- Riau Bara Harum - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Central Java Power - Indonesia
- VISA Power Limited - India
- Agrawal Coal Company - India
- Sojitz Corporation - Japan
- CNBM International Corporation - China
- Australian Commodity Traders Exchange
- Krishnapatnam Port Company Ltd. - India
- Semirara Mining and Power Corporation, Philippines
- Marubeni Corporation - India
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- Iligan Light & Power Inc, Philippines
- Indogreen Group - Indonesia
- MS Steel International - UAE
- Cement Manufacturers Association - India
- Economic Council, Georgia
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- Mercator Lines Limited - India
- Indonesian Coal Mining Association
- The University of Queensland
- Electricity Generating Authority of Thailand
- Vedanta Resources Plc - India
- Australian Coal Association
- Directorate General of MIneral and Coal - Indonesia
- Bhatia International Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Tata Chemicals Ltd - India
- Alfred C Toepfer International GmbH - Germany
- LBH Netherlands Bv - Netherlands
- Independent Power Producers Association of India
- Bangladesh Power Developement Board
- Planning Commission, India
- Formosa Plastics Group - Taiwan
- IEA Clean Coal Centre - UK
- Mjunction Services Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Aditya Birla Group - India
- Merrill Lynch Commodities Europe
- Jorong Barutama Greston.PT - Indonesia
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- Petron Corporation, Philippines
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- European Bulk Services B.V. - Netherlands
- Meralco Power Generation, Philippines
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- Kideco Jaya Agung - Indonesia
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- Uttam Galva Steels Limited - India
- Banpu Public Company Limited - Thailand
- Bhoruka Overseas - Indonesia
- Global Coal Blending Company Limited - Australia
- Siam City Cement PLC, Thailand
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- Renaissance Capital - South Africa
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- Billiton Holdings Pty Ltd - Australia
- PowerSource Philippines DevCo
- Ceylon Electricity Board - Sri Lanka
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