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Wednesday, 02 September 20
COAL PRODUCTION FALLS 7% IN APR-AUG; OFF TAKE DIPS 13.4% - FINANCIAL EXPRESS
 In the month of August coal off take also increased 9.3% y-o-y to 44.34 MT as compared with 40.57 MT in the same period last year.
Coal India (CIL), the world’s largest coal miner, on Tuesday reported around 7% year-on-year decline in its production to 195.54 million tonne during April to August as against 210.15 million tonne during the same period last year.
Coal off take also declined 13.4% y-o-y to 208.36 million tonne (MT) in the first five months of the current fiscal as compared with 204.65 MT in the corresponding period last fiscal, the state-run coal behemoth said in a stock exchange filing, Financial Express reported.
Financial Express furher said, the company’s production, however, rose 7.1% y-o-y to 37.17 MT in August, 2020 as against 34.70 MT in August, 2019. In the month of August coal off take also increased 9.3% y-o-y to 44.34 MT as compared with 40.57 MT in the same period last year.
“Coal India shrugging off the Covid-constricted growth and monsoonal downpour came back strongly in the month of August 2020 logging 9.3% growth in coal off take and 7.1% growth in coal output compared to August a year ago. For the first time in the ongoing fiscal, CIL has clocked growth in both the facets,” the company said in a release.
According to Financial Express, “The growth slowdown is contained and going forward in the ensuing months of the fiscal we endeavour to maintain our production and off-take tempo,” said a senior official of CIL.
Mahanadi Coalfields (MCL), a CIL subsidiary, recorded a 45.6% coal output growth despite having received 41% more rainfall in August, 2020 than a year ago month. Since the beginning of the monsoon from, June 1 till end August, 2020, MCL was beleaguered by 45% of increased rainfall compared to same period last year.
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Friday, 04 September 20
IN A DEEPENING DEBT HOLE OF $34 BILLION, INDONESIA’S PLN MUST STOP DIGGING - IEEFA
The utility has added IDR100 trillion in debt annually for the last five years
Utilities globally started changing the way they do business ye ...
Friday, 04 September 20
KOMIPO INVITED BIDS FOR AUSTRALIAN MIN 5,700 NCV COAL FOR NOVEMBER
COALspot.com: Korea Midland Power Co. Ltd, has issued an International tender for 260,000 MT Min.5,700 kcal/kg NCV coal November, 2020 loading. Acc ...
Thursday, 03 September 20
BRINGING SERVICES OF FTCCI CLOSER TO THE EXPORTERS AT GMR AIR CARGO COMPLEX AT SHAMSHABAD
Press Release: “FTCCI Trade Facilitation Services at your doorstep now” says J.S. Chandrashekar, IRS., Principal Commissioner of Custom ...
Thursday, 03 September 20
CHINA'S BENCHMARK POWER COAL PRICE REMAINS FLAT - XINHUA
China’s benchmark power coal price remained flat during the past week.
The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge of ...
Wednesday, 02 September 20
MARKET INSIGHT - INTERMODAL
The imminent global shift towards eco-friendliness has caused divide among the shipping community because there is no outlined, clear-cut way via w ...
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- Thiess Contractors Indonesia
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- Economic Council, Georgia
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- Eastern Coal Council - USA
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- Power Finance Corporation Ltd., India
- London Commodity Brokers - England
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- Global Coal Blending Company Limited - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Krishnapatnam Port Company Ltd. - India
- White Energy Company Limited
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- Malabar Cements Ltd - India
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- Energy Link Ltd, New Zealand
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- Singapore Mercantile Exchange
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- Australian Coal Association
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- Altura Mining Limited, Indonesia
- Bhatia International Limited - India
- Carbofer General Trading SA - India
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- Asmin Koalindo Tuhup - Indonesia
- India Bulls Power Limited - India
- Renaissance Capital - South Africa
- Meenaskhi Energy Private Limited - India
- International Coal Ventures Pvt Ltd - India
- Commonwealth Bank - Australia
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- Africa Commodities Group - South Africa
- Chettinad Cement Corporation Ltd - India
- SN Aboitiz Power Inc, Philippines
- MS Steel International - UAE
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- Trasteel International SA, Italy
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- AsiaOL BioFuels Corp., Philippines
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- McConnell Dowell - Australia
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- Ministry of Finance - Indonesia
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- Thai Mozambique Logistica
- The University of Queensland
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- Karaikal Port Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Formosa Plastics Group - Taiwan
- Central Electricity Authority - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The State Trading Corporation of India Ltd
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- Ambuja Cements Ltd - India
- Central Java Power - Indonesia
- Dalmia Cement Bharat India
- Sarangani Energy Corporation, Philippines
- Kumho Petrochemical, South Korea
- Savvy Resources Ltd - HongKong
- The Treasury - Australian Government
- Planning Commission, India
- OPG Power Generation Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Global Business Power Corporation, Philippines
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- Bukit Makmur.PT - Indonesia
- Alfred C Toepfer International GmbH - Germany
- VISA Power Limited - India
- PTC India Limited - India
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- Jorong Barutama Greston.PT - Indonesia
- CIMB Investment Bank - Malaysia
- Tamil Nadu electricity Board
- Pendopo Energi Batubara - Indonesia
- Gujarat Sidhee Cement - India
- Ministry of Transport, Egypt
- Maheswari Brothers Coal Limited - India
- Samtan Co., Ltd - South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- South Luzon Thermal Energy Corporation
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- Minerals Council of Australia
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- IEA Clean Coal Centre - UK
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- Deloitte Consulting - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Riau Bara Harum - Indonesia
- Electricity Generating Authority of Thailand
- Energy Development Corp, Philippines
- Indogreen Group - Indonesia
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