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Thursday, 18 June 20
INDIA: GOVT'S PLAN TO CUT COAL IMPORT GOES FOR A TOSS AS FY20 BREAKS LOGISTICS CHAIN; LOCAL OUTPUT STAGNANT - FINANCIAL EXPRESS
Weak logistics support and disrupted supply chain towards the end of the last financial year 2019-20 hit the government’s plan to cut coal imports and boost domestic production. Despite having the world’s fourth-largest coal reserves in the country, India imported about one-fourth of its domestic coal requirements in the last fiscal, mainly due to shortfall in coal production and logistical constraints in evacuation infrastructure, said a report by Care Ratings. While coal production in India remained flat – rising marginally by 0.1 per cent in FY20, imports surged 3.3 per cent. Although Coal India has been mandated by the government to replace at least 100 million tonnes of substitutable imports with domestically-produced coal in the ongoing fiscal, the effect of the nationwide lockdown may keep India relying on imports in the current fiscal too.
Coal production remains gloomy in FY21 so far
Mining was classified as an essential industry and was allowed to operate through the lockdown
period; but despite being operational, the domestic coal output shrank 14.8 per cent in two months of April and May 2020 as steel and power demand fell up to 65 per cent, and labour force left for their hometown in the wake of the pandemic. Even after the lockdown measures were gradually eased in May, the demand for coal did not see any significant pickup. Many manufacturing companies were unable to restart operations due to shortage of labour and liquidity, and power plants were not very keen to lift coal due to muted demand and high inventories, causing the coal production to shrink, the report added.
High inventories, low demand put brakes on coal offtake
Inventories of coal at thermal power plants have sharply risen in the last three months and power utilities are now refraining from purchasing more coal. To avoid the risk of coal catching fire and pilferage due to high inventories at pit-heads, coal miners are likely to cut their production till the record stockpiles are brought down to mandated levels, Care Ratings said.
Meanwhile, the Narendra Modi-led government has recently allowed commercial mining of coal, putting an end to decades-long government’s monopoly on coal production. Commercial mining is aimed to introduce competition, transparency, and private sector participation through a revenue-sharing mechanism in the coal sector. Opening up of coal mining for the private sector is expected to boost domestic production in the medium-term although it will take some time for the country to reduce over-dependence on CIL for its coal requirements, the report added.
Source: Financial Express
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Tuesday, 31 March 20
COAL POWER REMAINS IN GLOBAL DECLINE, DESPITE CHINESE SURGE - SYDNEY MORNING HERALD
The impact of coronavirus has prompted a surge in coal-fired power plant construction permits in China, with the Chinese government issuing more pe ...
Monday, 30 March 20
CORONAVIRUS - IMPLICATIONS FOR SHIPS AND CREW - GARD
KNOWLEDGE TO ELEVATE
Countries around the world are strengthening their border control measures in order to prevent the further spread of COVI ...
Monday, 30 March 20
LAY-UP AND RE-ACTIVATION REVISITED - GARD
KNOWLEDGE TO ELEVATE
The COVID-19 pandemic has affected the maritime industry in previously unthinkable ways. Ports around the world are denyi ...
Monday, 30 March 20
PANAMAX: INDONESIA LACKED VOLUME, PARTLY DUE TO FORCE MAJEURE IN INDIAN PORTS - BALTIC BRIEFING
Capesize
As Covid-19 continued to ratchet up tensions across the globe, the Cape market dealt with the change to remote working. Most regions o ...
Saturday, 28 March 20
ASIA'S COAL MARKETS DIVERGE ON QUALITY LINES AS CORONAVIRUS HITS INDIA - REUTERS
Asia’s seaborne coal market is increasingly diverging between higher-quality Australian coal, where prices are holding up despite the economi ...
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Showing 1036 to 1040 news of total 6871 |
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Sidhee Cement - India
- Kumho Petrochemical, South Korea
- Sarangani Energy Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Sical Logistics Limited - India
- Sinarmas Energy and Mining - Indonesia
- Kaltim Prima Coal - Indonesia
- ASAPP Information Group - India
- Mercator Lines Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Electricity Authority, New Zealand
- Iligan Light & Power Inc, Philippines
- IEA Clean Coal Centre - UK
- Toyota Tsusho Corporation, Japan
- VISA Power Limited - India
- Simpson Spence & Young - Indonesia
- Pendopo Energi Batubara - Indonesia
- SN Aboitiz Power Inc, Philippines
- Samtan Co., Ltd - South Korea
- Kepco SPC Power Corporation, Philippines
- Ministry of Finance - Indonesia
- Vedanta Resources Plc - India
- Billiton Holdings Pty Ltd - Australia
- Petrochimia International Co. Ltd.- Taiwan
- OPG Power Generation Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Mintek Dendrill Indonesia
- Wilmar Investment Holdings
- Heidelberg Cement - Germany
- Chettinad Cement Corporation Ltd - India
- Meenaskhi Energy Private Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Malabar Cements Ltd - India
- Price Waterhouse Coopers - Russia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- GAC Shipping (India) Pvt Ltd
- Indian Energy Exchange, India
- Aditya Birla Group - India
- Parry Sugars Refinery, India
- Savvy Resources Ltd - HongKong
- Makarim & Taira - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Coal and Oil Company - UAE
- Kobexindo Tractors - Indoneisa
- Pipit Mutiara Jaya. PT, Indonesia
- Metalloyd Limited - United Kingdom
- Eastern Coal Council - USA
- San Jose City I Power Corp, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Essar Steel Hazira Ltd - India
- Banpu Public Company Limited - Thailand
- Formosa Plastics Group - Taiwan
- International Coal Ventures Pvt Ltd - India
- Ministry of Transport, Egypt
- Wood Mackenzie - Singapore
- Siam City Cement PLC, Thailand
- Bhoruka Overseas - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Indo Tambangraya Megah - Indonesia
- Mercuria Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Coastal Gujarat Power Limited - India
- Bukit Baiduri Energy - Indonesia
- GMR Energy Limited - India
- Manunggal Multi Energi - Indonesia
- Siam City Cement - Thailand
- Oldendorff Carriers - Singapore
- Larsen & Toubro Limited - India
- Latin American Coal - Colombia
- Maheswari Brothers Coal Limited - India
- Marubeni Corporation - India
- Maharashtra Electricity Regulatory Commission - India
- Sindya Power Generating Company Private Ltd
- SMC Global Power, Philippines
- Central Electricity Authority - India
- Bhushan Steel Limited - India
- Therma Luzon, Inc, Philippines
- Vizag Seaport Private Limited - India
- Energy Link Ltd, New Zealand
- SMG Consultants - Indonesia
- Posco Energy - South Korea
- Salva Resources Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Standard Chartered Bank - UAE
- Energy Development Corp, Philippines
- Bharathi Cement Corporation - India
- Directorate Of Revenue Intelligence - India
- Kohat Cement Company Ltd. - Pakistan
- Indogreen Group - Indonesia
- Australian Coal Association
- TeaM Sual Corporation - Philippines
- Merrill Lynch Commodities Europe
- Goldman Sachs - Singapore
- Indonesian Coal Mining Association
- European Bulk Services B.V. - Netherlands
- Rashtriya Ispat Nigam Limited - India
- Indian Oil Corporation Limited
- LBH Netherlands Bv - Netherlands
- Agrawal Coal Company - India
- Timah Investasi Mineral - Indoneisa
- Minerals Council of Australia
- Straits Asia Resources Limited - Singapore
- Economic Council, Georgia
- Eastern Energy - Thailand
- Bulk Trading Sa - Switzerland
- Karaikal Port Pvt Ltd - India
- New Zealand Coal & Carbon
- Power Finance Corporation Ltd., India
- Meralco Power Generation, Philippines
- Attock Cement Pakistan Limited
- PetroVietnam Power Coal Import and Supply Company
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Electricity Generating Authority of Thailand
- Anglo American - United Kingdom
- Global Business Power Corporation, Philippines
- Ambuja Cements Ltd - India
- Jindal Steel & Power Ltd - India
- Central Java Power - Indonesia
- Xindia Steels Limited - India
- CNBM International Corporation - China
- Asmin Koalindo Tuhup - Indonesia
- Baramulti Group, Indonesia
- Orica Australia Pty. Ltd.
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Deloitte Consulting - India
- Cement Manufacturers Association - India
- Carbofer General Trading SA - India
- London Commodity Brokers - England
- Kartika Selabumi Mining - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Africa Commodities Group - South Africa
- ICICI Bank Limited - India
- Singapore Mercantile Exchange
- Renaissance Capital - South Africa
- Antam Resourcindo - Indonesia
- The State Trading Corporation of India Ltd
- Global Coal Blending Company Limited - Australia
- Cigading International Bulk Terminal - Indonesia
- Jaiprakash Power Ventures ltd
- Tamil Nadu electricity Board
- Romanian Commodities Exchange
- Grasim Industreis Ltd - India
- Videocon Industries ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Port Waratah Coal Services - Australia
- Interocean Group of Companies - India
- Borneo Indobara - Indonesia
- Dalmia Cement Bharat India
- Bhatia International Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Tata Chemicals Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Sojitz Corporation - Japan
- India Bulls Power Limited - India
- Kideco Jaya Agung - Indonesia
- PowerSource Philippines DevCo
- PNOC Exploration Corporation - Philippines
- Lanco Infratech Ltd - India
- The University of Queensland
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mjunction Services Limited - India
- Edison Trading Spa - Italy
- Indika Energy - Indonesia
- Georgia Ports Authority, United States
- Chamber of Mines of South Africa
- Holcim Trading Pte Ltd - Singapore
- Binh Thuan Hamico - Vietnam
- Coalindo Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Directorate General of MIneral and Coal - Indonesia
- CIMB Investment Bank - Malaysia
- Sree Jayajothi Cements Limited - India
- Parliament of New Zealand
- Semirara Mining Corp, Philippines
- Thai Mozambique Logistica
- Commonwealth Bank - Australia
- Trasteel International SA, Italy
- Global Green Power PLC Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Altura Mining Limited, Indonesia
- Bukit Makmur.PT - Indonesia
- The Treasury - Australian Government
- White Energy Company Limited
- Aboitiz Power Corporation - Philippines
- McConnell Dowell - Australia
- Thiess Contractors Indonesia
- Ministry of Mines - Canada
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Australian Commodity Traders Exchange
- Ind-Barath Power Infra Limited - India
- Rio Tinto Coal - Australia
- Petron Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Globalindo Alam Lestari - Indonesia
- PTC India Limited - India
- South Luzon Thermal Energy Corporation
- Kalimantan Lumbung Energi - Indonesia
- GVK Power & Infra Limited - India
- Sakthi Sugars Limited - India
- Star Paper Mills Limited - India
- Madhucon Powers Ltd - India
- Medco Energi Mining Internasional
- MS Steel International - UAE
- IHS Mccloskey Coal Group - USA
- Orica Mining Services - Indonesia
- Uttam Galva Steels Limited - India
- Riau Bara Harum - Indonesia
- Bangladesh Power Developement Board
- Planning Commission, India
- Independent Power Producers Association of India
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