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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, 20 March 20
VOLATILITY TO INCREASE IN TANKER MARKET FOLLOWING OIL PRICE WAR - DREWRY
Crude oil prices plunged by more than a third in the past week after OPEC+ failed to agree on production cut as demand softened in the aftermath of ...
Friday, 20 March 20
CHINA'S BENCHMARK POWER COAL PRICE DROPS SLIGHTLY - XINHUA
China’s benchmark power coal price dropped slightly during the past week.
The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge ...
Friday, 20 March 20
OIL PRICES COULD FALL BELOW ZERO: ANALYST - FOX BUSINESS
Plunging oil prices could be headed a lot lower – possibly below zero, according to one Wall Street analyst.
West Texas Interm ...
Friday, 20 March 20
84% OF FEBRUARY BUNKER SALES IN SINGAPORE ARE LOW-SULPHUR FUELS - BIMCO
Low-sulphur fuels accounted for 84% of total February sales in Singapore, slightly up from 83% in January. The sale of low-sulphur fuel oil (LSFO) ...
Thursday, 19 March 20
A CRUDE TSUNAMI: UP TO 3 MILLION BPD OF EXTRA OIL CAN HIT THE MARKET FROM APRIL, MORE COMING IN MAY - RYSTAD ENERGY
The extra oil coming into the global market from April will be as much as 3 million barrels per day (bpd), Rystad Energy estimates. Two million bpd ...
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- Malabar Cements Ltd - India
- Aditya Birla Group - India
- Bulk Trading Sa - Switzerland
- IEA Clean Coal Centre - UK
- The State Trading Corporation of India Ltd
- Mercuria Energy - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Medco Energi Mining Internasional
- Economic Council, Georgia
- Star Paper Mills Limited - India
- ASAPP Information Group - India
- Bukit Makmur.PT - Indonesia
- Australian Commodity Traders Exchange
- Meenaskhi Energy Private Limited - India
- Sindya Power Generating Company Private Ltd
- Semirara Mining and Power Corporation, Philippines
- Energy Development Corp, Philippines
- PTC India Limited - India
- GAC Shipping (India) Pvt Ltd
- Singapore Mercantile Exchange
- Antam Resourcindo - Indonesia
- Meralco Power Generation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Latin American Coal - Colombia
- Maheswari Brothers Coal Limited - India
- Essar Steel Hazira Ltd - India
- PowerSource Philippines DevCo
- Power Finance Corporation Ltd., India
- Riau Bara Harum - Indonesia
- PNOC Exploration Corporation - Philippines
- Eastern Coal Council - USA
- Leighton Contractors Pty Ltd - Australia
- Parliament of New Zealand
- Karbindo Abesyapradhi - Indoneisa
- LBH Netherlands Bv - Netherlands
- Straits Asia Resources Limited - Singapore
- Kartika Selabumi Mining - Indonesia
- Eastern Energy - Thailand
- San Jose City I Power Corp, Philippines
- Borneo Indobara - Indonesia
- Iligan Light & Power Inc, Philippines
- Jaiprakash Power Ventures ltd
- Interocean Group of Companies - India
- Karaikal Port Pvt Ltd - India
- Mercator Lines Limited - India
- Electricity Authority, New Zealand
- Sical Logistics Limited - India
- Simpson Spence & Young - Indonesia
- Global Green Power PLC Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PetroVietnam Power Coal Import and Supply Company
- Energy Link Ltd, New Zealand
- Price Waterhouse Coopers - Russia
- Ministry of Mines - Canada
- Coal and Oil Company - UAE
- Deloitte Consulting - India
- Bayan Resources Tbk. - Indonesia
- Uttam Galva Steels Limited - India
- Rio Tinto Coal - Australia
- Bhatia International Limited - India
- Madhucon Powers Ltd - India
- Africa Commodities Group - South Africa
- Ministry of Finance - Indonesia
- London Commodity Brokers - England
- Gujarat Mineral Development Corp Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- The Treasury - Australian Government
- Ceylon Electricity Board - Sri Lanka
- Bank of Tokyo Mitsubishi UFJ Ltd
- India Bulls Power Limited - India
- Cement Manufacturers Association - India
- Ministry of Transport, Egypt
- Romanian Commodities Exchange
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indian Energy Exchange, India
- GMR Energy Limited - India
- White Energy Company Limited
- Heidelberg Cement - Germany
- Petrochimia International Co. Ltd.- Taiwan
- Miang Besar Coal Terminal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Indogreen Group - Indonesia
- Timah Investasi Mineral - Indoneisa
- Directorate Of Revenue Intelligence - India
- Xindia Steels Limited - India
- Aboitiz Power Corporation - Philippines
- GVK Power & Infra Limited - India
- Krishnapatnam Port Company Ltd. - India
- Neyveli Lignite Corporation Ltd, - India
- Sakthi Sugars Limited - India
- Wood Mackenzie - Singapore
- Intertek Mineral Services - Indonesia
- Ambuja Cements Ltd - India
- Vizag Seaport Private Limited - India
- Coalindo Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Toyota Tsusho Corporation, Japan
- McConnell Dowell - Australia
- Kobexindo Tractors - Indoneisa
- Minerals Council of Australia
- Kaltim Prima Coal - Indonesia
- Agrawal Coal Company - India
- Vedanta Resources Plc - India
- Directorate General of MIneral and Coal - Indonesia
- Videocon Industries ltd - India
- Therma Luzon, Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- SMC Global Power, Philippines
- Oldendorff Carriers - Singapore
- Renaissance Capital - South Africa
- Coastal Gujarat Power Limited - India
- Bharathi Cement Corporation - India
- Merrill Lynch Commodities Europe
- Edison Trading Spa - Italy
- Formosa Plastics Group - Taiwan
- Bukit Asam (Persero) Tbk - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- SMG Consultants - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Banpu Public Company Limited - Thailand
- Orica Mining Services - Indonesia
- Baramulti Group, Indonesia
- Sree Jayajothi Cements Limited - India
- Orica Australia Pty. Ltd.
- Lanco Infratech Ltd - India
- Samtan Co., Ltd - South Korea
- Ind-Barath Power Infra Limited - India
- Larsen & Toubro Limited - India
- Mintek Dendrill Indonesia
- Siam City Cement PLC, Thailand
- Trasteel International SA, Italy
- AsiaOL BioFuels Corp., Philippines
- MS Steel International - UAE
- Planning Commission, India
- Electricity Generating Authority of Thailand
- GN Power Mariveles Coal Plant, Philippines
- OPG Power Generation Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Tata Chemicals Ltd - India
- Thai Mozambique Logistica
- Sarangani Energy Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Central Java Power - Indonesia
- Marubeni Corporation - India
- Indika Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Maharashtra Electricity Regulatory Commission - India
- Mjunction Services Limited - India
- Wilmar Investment Holdings
- Petron Corporation, Philippines
- Commonwealth Bank - Australia
- Siam City Cement - Thailand
- Goldman Sachs - Singapore
- Gujarat Electricity Regulatory Commission - India
- Jorong Barutama Greston.PT - Indonesia
- Makarim & Taira - Indonesia
- Bangladesh Power Developement Board
- Thiess Contractors Indonesia
- Jindal Steel & Power Ltd - India
- Chamber of Mines of South Africa
- SN Aboitiz Power Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Standard Chartered Bank - UAE
- Indo Tambangraya Megah - Indonesia
- CIMB Investment Bank - Malaysia
- Port Waratah Coal Services - Australia
- Binh Thuan Hamico - Vietnam
- Australian Coal Association
- TNB Fuel Sdn Bhd - Malaysia
- Tamil Nadu electricity Board
- Pendopo Energi Batubara - Indonesia
- Kepco SPC Power Corporation, Philippines
- CNBM International Corporation - China
- Barasentosa Lestari - Indonesia
- Indonesian Coal Mining Association
- Savvy Resources Ltd - HongKong
- Independent Power Producers Association of India
- Semirara Mining Corp, Philippines
- Chettinad Cement Corporation Ltd - India
- Global Business Power Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Georgia Ports Authority, United States
- Kumho Petrochemical, South Korea
- Cigading International Bulk Terminal - Indonesia
- Global Coal Blending Company Limited - Australia
- Parry Sugars Refinery, India
- TeaM Sual Corporation - Philippines
- Kideco Jaya Agung - Indonesia
- IHS Mccloskey Coal Group - USA
- Attock Cement Pakistan Limited
- Metalloyd Limited - United Kingdom
- Posco Energy - South Korea
- ICICI Bank Limited - India
- Grasim Industreis Ltd - India
- Sojitz Corporation - Japan
- South Luzon Thermal Energy Corporation
- Globalindo Alam Lestari - Indonesia
- Dalmia Cement Bharat India
- Central Electricity Authority - India
- Rashtriya Ispat Nigam Limited - India
- Altura Mining Limited, Indonesia
- Bhushan Steel Limited - India
- European Bulk Services B.V. - Netherlands
- Anglo American - United Kingdom
- Gujarat Sidhee Cement - India
- Bhoruka Overseas - Indonesia
- VISA Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Indian Oil Corporation Limited
- International Coal Ventures Pvt Ltd - India
- The University of Queensland
- New Zealand Coal & Carbon
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Carbofer General Trading SA - India
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