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Tuesday, 07 July 20
COAL INDIA WORKERS STRIKE CUTS OUTPUT BY 56%: OFFICIAL - REUTERS
A strike at Coal India Ltd cut production by 56% in the three days ending July 4 as workers oppose opening up coal mining to the private sector, a senior company official told Reuters.
The world’s largest coal miner’s production fell to 573,000 tonnes per day over the three days, compared with a June average output of 1.29 million tonnes per day.
Offtake by customers, such as power generators, fell nearly 62% to an average of about 536,000 tonnes per day, the official said.
“The production was higher than what was initially anticipated internally,” the official said, adding that output increased progressively over the three days.
The state-run miner reported a third straight decline in monthly production in June, as national coronavirus lockdowns cut demand.
The company, which wants to produce 1 billion tonnes of coal by 2023/24, saw its annual output fall for the first time in more than two decades in 2019/20.
Provisional government data showed electricity demand fell 9.9% in June, suggesting a recovery amid greater consumption in industrial western states as India slowly lifts restrictions and allows factories and offices to operate.
However, analysts expect power usage during the current financial year to fall for the first time in decades.
Utilities have refrained from purchases of coal amid stockpiles expected to last for weeks and Coal India’s own inventory hitting record highs.
Source: Reuters (Reporting by Sudarshan Varadhan; editing by Jason Neely)
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Friday, 31 July 20
BOTSWANA PLANS MORE COAL-FIRED POWER AS AFRICAN SOLAR ACCELERATES - IEEFA
An African economic leader like Botswana should embrace solar to reduce subsidies and tariff hikes
As Sub-Saharan solar ambition has ...
Wednesday, 29 July 20
2019 U.S. COAL PRODUCTION FALLS TO ITS LOWEST LEVEL SINCE 1978 - EIA
In 2019, U.S. coal production totaled 706 million short tons (MMst), a 7% decrease from the 756 MMst mined in 2018. Last year’s production wa ...
Wednesday, 29 July 20
MARKET INSIGHT - INTERMODAL
The dry bulk sector is beginning to recover from reduced SnP activity recorded in the first quarter of 2020. The table below illustrates that appro ...
Tuesday, 28 July 20
DEUTSCHE BANK TO END GLOBAL BUSINESS ACTIVITIES IN COAL MINING BY 2025 - REUTERS
Deutsche Bank, in a revamp of its policies for fossil fuels, said on Monday that it would end business activities worldwide related to coal mining ...
Monday, 27 July 20
IEEFA ENERGY FINANCE CONFERENCE 2020: COAL, LNG, PETROCHEMICAL SECTORS FACE POOR OUTLOOK AND UPHILL BATTLE FOR INVESTORS
Fossil fuel industries were becoming less financially attractive even before the global coronavirus pandemic
Three major fossil fuel ...
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- Standard Chartered Bank - UAE
- Ceylon Electricity Board - Sri Lanka
- Vedanta Resources Plc - India
- The University of Queensland
- Siam City Cement PLC, Thailand
- Price Waterhouse Coopers - Russia
- Alfred C Toepfer International GmbH - Germany
- Sical Logistics Limited - India
- Simpson Spence & Young - Indonesia
- Globalindo Alam Lestari - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bukit Makmur.PT - Indonesia
- Singapore Mercantile Exchange
- Vizag Seaport Private Limited - India
- Kideco Jaya Agung - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- LBH Netherlands Bv - Netherlands
- SMG Consultants - Indonesia
- Kumho Petrochemical, South Korea
- Larsen & Toubro Limited - India
- PowerSource Philippines DevCo
- Chamber of Mines of South Africa
- Bangladesh Power Developement Board
- Medco Energi Mining Internasional
- Bhatia International Limited - India
- Holcim Trading Pte Ltd - Singapore
- Power Finance Corporation Ltd., India
- Indika Energy - Indonesia
- Romanian Commodities Exchange
- Therma Luzon, Inc, Philippines
- Minerals Council of Australia
- GMR Energy Limited - India
- Energy Link Ltd, New Zealand
- Leighton Contractors Pty Ltd - Australia
- Banpu Public Company Limited - Thailand
- GVK Power & Infra Limited - India
- Orica Mining Services - Indonesia
- White Energy Company Limited
- Bahari Cakrawala Sebuku - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Malabar Cements Ltd - India
- Parry Sugars Refinery, India
- Vijayanagar Sugar Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kaltim Prima Coal - Indonesia
- Manunggal Multi Energi - Indonesia
- Planning Commission, India
- IHS Mccloskey Coal Group - USA
- Semirara Mining Corp, Philippines
- Latin American Coal - Colombia
- Australian Commodity Traders Exchange
- Altura Mining Limited, Indonesia
- Metalloyd Limited - United Kingdom
- SN Aboitiz Power Inc, Philippines
- Thiess Contractors Indonesia
- Carbofer General Trading SA - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kapuas Tunggal Persada - Indonesia
- Meralco Power Generation, Philippines
- Barasentosa Lestari - Indonesia
- Tata Chemicals Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Savvy Resources Ltd - HongKong
- Sojitz Corporation - Japan
- Thai Mozambique Logistica
- Wilmar Investment Holdings
- Riau Bara Harum - Indonesia
- SMC Global Power, Philippines
- TeaM Sual Corporation - Philippines
- OPG Power Generation Pvt Ltd - India
- Economic Council, Georgia
- Attock Cement Pakistan Limited
- Coal and Oil Company - UAE
- Miang Besar Coal Terminal - Indonesia
- Salva Resources Pvt Ltd - India
- Star Paper Mills Limited - India
- Deloitte Consulting - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- AsiaOL BioFuels Corp., Philippines
- Petron Corporation, Philippines
- Commonwealth Bank - Australia
- Bhushan Steel Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Iligan Light & Power Inc, Philippines
- Eastern Energy - Thailand
- Jindal Steel & Power Ltd - India
- Sakthi Sugars Limited - India
- Global Coal Blending Company Limited - Australia
- London Commodity Brokers - England
- Videocon Industries ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Central Electricity Authority - India
- Africa Commodities Group - South Africa
- Global Green Power PLC Corporation, Philippines
- The State Trading Corporation of India Ltd
- Formosa Plastics Group - Taiwan
- Merrill Lynch Commodities Europe
- Indogreen Group - Indonesia
- Bukit Baiduri Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Petrochimia International Co. Ltd.- Taiwan
- Mercator Lines Limited - India
- Toyota Tsusho Corporation, Japan
- Coalindo Energy - Indonesia
- Ministry of Finance - Indonesia
- Madhucon Powers Ltd - India
- Tamil Nadu electricity Board
- Anglo American - United Kingdom
- Georgia Ports Authority, United States
- Straits Asia Resources Limited - Singapore
- PTC India Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Borneo Indobara - Indonesia
- Directorate Of Revenue Intelligence - India
- India Bulls Power Limited - India
- Indo Tambangraya Megah - Indonesia
- Posco Energy - South Korea
- Trasteel International SA, Italy
- Bulk Trading Sa - Switzerland
- Maheswari Brothers Coal Limited - India
- Essar Steel Hazira Ltd - India
- Jaiprakash Power Ventures ltd
- Maharashtra Electricity Regulatory Commission - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Karbindo Abesyapradhi - Indoneisa
- Aboitiz Power Corporation - Philippines
- Ministry of Mines - Canada
- Indian Oil Corporation Limited
- CIMB Investment Bank - Malaysia
- Cigading International Bulk Terminal - Indonesia
- ASAPP Information Group - India
- Port Waratah Coal Services - Australia
- European Bulk Services B.V. - Netherlands
- Billiton Holdings Pty Ltd - Australia
- IEA Clean Coal Centre - UK
- New Zealand Coal & Carbon
- Ministry of Transport, Egypt
- GAC Shipping (India) Pvt Ltd
- Independent Power Producers Association of India
- Meenaskhi Energy Private Limited - India
- Orica Australia Pty. Ltd.
- Xindia Steels Limited - India
- McConnell Dowell - Australia
- Gujarat Sidhee Cement - India
- Heidelberg Cement - Germany
- Gujarat Mineral Development Corp Ltd - India
- Sarangani Energy Corporation, Philippines
- Electricity Authority, New Zealand
- Karaikal Port Pvt Ltd - India
- Mintek Dendrill Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Baramulti Group, Indonesia
- Wood Mackenzie - Singapore
- Australian Coal Association
- Rashtriya Ispat Nigam Limited - India
- CNBM International Corporation - China
- Aditya Birla Group - India
- Siam City Cement - Thailand
- Antam Resourcindo - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Mjunction Services Limited - India
- Kartika Selabumi Mining - Indonesia
- Indonesian Coal Mining Association
- Cement Manufacturers Association - India
- Bayan Resources Tbk. - Indonesia
- MS Steel International - UAE
- Dalmia Cement Bharat India
- Directorate General of MIneral and Coal - Indonesia
- Lanco Infratech Ltd - India
- Sindya Power Generating Company Private Ltd
- Sree Jayajothi Cements Limited - India
- Pendopo Energi Batubara - Indonesia
- Renaissance Capital - South Africa
- Global Business Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- The Treasury - Australian Government
- Krishnapatnam Port Company Ltd. - India
- Timah Investasi Mineral - Indoneisa
- Grasim Industreis Ltd - India
- Bharathi Cement Corporation - India
- San Jose City I Power Corp, Philippines
- Goldman Sachs - Singapore
- Agrawal Coal Company - India
- Neyveli Lignite Corporation Ltd, - India
- VISA Power Limited - India
- Marubeni Corporation - India
- Central Java Power - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Rio Tinto Coal - Australia
- International Coal Ventures Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Binh Thuan Hamico - Vietnam
- Oldendorff Carriers - Singapore
- Uttam Galva Steels Limited - India
- Samtan Co., Ltd - South Korea
- Energy Development Corp, Philippines
- Parliament of New Zealand
- PNOC Exploration Corporation - Philippines
- Coastal Gujarat Power Limited - India
- Bhoruka Overseas - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Interocean Group of Companies - India
- Eastern Coal Council - USA
- Makarim & Taira - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Edison Trading Spa - Italy
- Intertek Mineral Services - Indonesia
- Mercuria Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- Kepco SPC Power Corporation, Philippines
- ICICI Bank Limited - India
- Indian Energy Exchange, India
- South Luzon Thermal Energy Corporation
- Ambuja Cements Ltd - India
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