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Friday, 18 September 20
INDIA'S COAL-FIRED POWER OUTPUT PICKS UP AS INDUSTRIAL USE RISES - REUTERS
 India’s coal-fired electricity generation rose 9.4% in the first half of September, provisional government data showed, as demand from industrial western states rose for the first time since coronavirus lockdowns were enforced.
The country’s overall electricity generation rose 1.6% during the first 15 days of September, a Reuters analysis of daily load despatch data from federal grid operator POSOCO showed, driven by higher consumption by states such as Maharashtra and Gujarat.
Coal-fired electricity generation accounted for 70% of India’s power output in 2019, according to India’s Central Electricity Authority. The share of the fuel in power generation fell to as low as 60% during the coronavirus lockdowns, as use of renewable energy for electricity generation rose.
However, the share of coal in India’s overall electricity generation rose to nearly 66% during the first 15 days of September, the highest since March 2020 levels of 71.2%, data from POSOCO showed.
Coal India Ltd COAL.NS, the world’s largest coal miner, had reported its first increase in production in five months during the month of August, driven by higher demand from power producers.
Electricity use by Gujarat rose 6.2%, whereas consumption in Maharashtra rose 4.3%, the data showed. The two states, among the most industrial in the country, together account for about a fifth of annual power consumption.
Power consumption by industries and offices account for half of India’s electricity demand. Most states have removed nearly all restrictions and opened up factories, even as coronavirus cases continue to surge in the country.
While solar-powered electricity generation continued to rise, surging over a third compared with the previous year, hydro and wind power output fell, the data showed.
Hydro power output fell over 10%, while wind-based electricity generation fell by over half, the data showed. Gas-fired generation rose about 8%.
Source: Reuters
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Wednesday, 30 September 20
MARKET INSIGHT - INTERMODAL
Spot rates for Capesize bulk carriers received a significant boost last week, however, there are certain reservations in the market regarding the p ...
Tuesday, 29 September 20
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX UP 0.73 PCT - XINHUA
China Taiyuan coal transaction price index stood at 125.91 points Monday, up 0.73 percent week on week.
The index, released by China ...
Tuesday, 29 September 20
SHIPPING MARKET - ALLIED
Here we are, just a short breath before the final quarter of the year, and many are now debating to what extent we can really expect a firm dry bul ...
Tuesday, 29 September 20
INDONESIAN COAL COMPANIES' EARNINGS TO WEAKEN IN 2H20 - FITCH RATINGS
Rated Indonesian coal miners and contractors will have weaker operating and financial performances in the second half of 2020 than in the first, sa ...
Tuesday, 29 September 20
RUSSIA'S COAL PRODUCTION TO DROP BY 10.5% IN 2020, SAYS MINISTRY - TASS
Russia’s Economic Development Ministry projects a 10.5% decrease in coal production in the country in 2020 compared with last year to 395 mln ...
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- Antam Resourcindo - Indonesia
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- Ceylon Electricity Board - Sri Lanka
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- CNBM International Corporation - China
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- Indian Energy Exchange, India
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- Petron Corporation, Philippines
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