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Wednesday, 14 April 21
INDIA HAS A RECORD LEVEL OF STOCKPILED COAL DAMPENING NEED FOR NEW DOMESTIC MINES - IEEFA
 Proposed coal mining expansions at odds with excess supply
India has stockpiled a record 132 million tonnes of coal – enough to run India’s power plants for two months – greatly exceeding the average of the previous five years, finds a new briefing note by the Institute for Energy Economics and Financial Analysis (IEEFA).
The note by analyst and guest contributor Charles Worringham says that while power plants have reduced their stocks from record peaks at the start of the year, an even greater quantity has built up at coal mine pitheads managed by Coal India and SCCL, reaching 103 million tonnes.
“As coal quality degrades with prolonged storage and has a heightened risk of spontaneous combustion, operators and the community would be very keen to see the reduction of these stocks being given priority over new coal production,” says Worringham.
“The record-level coal stockpiles should be able to meet any continuation of the current electricity demand surge even if domestic coal production, which dipped this financial year, remains static into the near future.
“In fact, these large stockpiles are likely to put downward pressure on domestic coal production growth.
“While this could be seen as an opportunity to rethink the nation’s coal requirements in the near and longer term, Coal India remains intent on expanding production at the same time as new commercial mining blocks are on offer.”
A second tranche of coal block auctions representing some 67 potential new mines was recently announced. This is despite India experiencing lower-than-expected coal use, in part due to the effect of the pandemic.
“Our analysis shows coal stockpiles are growing disproportionately relative to thermal power generation,” says Worringham.
“And the financial year just ending, FY21, also saw Coal India claim success in their drive to substitute imported coal with domestic production.
“If stockpiles can continue to build up in a year when, despite the pandemic, total electricity generation was stable, coal production slipped, and some imports were substituted, it does not augur well for massive production increases.
“This situation puts both Coal India’s billion tonne production plans for FY24 and the expansion of commercial domestic coal mining increasingly at odds with the reality of flat demand and a record quantity of stockpiled coal.”
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Tuesday, 01 June 21
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX DOWN 0.02 PCT - XINHUA
China Taiyuan coal transaction price index stood at 160.06 points Monday, down 0.02 percent week on week.
The index, released by Chi ...
Tuesday, 01 June 21
BUMA PRODUCED 11.4 MILLION TONNES OF COAL IN 4Q 2020, 5% LOWER COMPARED TO 12.2 MILLION TONNES IN 4Q 2019
PT Delta Dunia Makmur Tbk. presents its newsletter with consolidated financial and operating results that include its primary and wholly-owne ...
Sunday, 30 May 21
PAKISTAN IS PLANNING TO END COAL IMPORTS, WORSENING OUTLOOK FOR SOUTH AFRICAN COAL - IEEFA
The growing and irreversible risks being faced by South African coal exporters
As Thungela Resources’ CEO attempts to talk up ...
Sunday, 30 May 21
G7 COAL FINANCE EXIT AND WHY IT MATTERS FOR INDIA - IEEFA
While India doesn’t rely on export credit finance to fund new coal plants, there are material implications
The commitment by the Group o ...
Saturday, 29 May 21
SKULD’S IMO 2020 SULPHUR CAP EXPERIENCE
More than a year has passed since the International Maritime Organization (IMO) mandate for the 0.50% sulphur cap for marine fuel (MARPOL Annex VI) ...
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- Energy Link Ltd, New Zealand
- Australian Coal Association
- Maheswari Brothers Coal Limited - India
- Latin American Coal - Colombia
- Africa Commodities Group - South Africa
- OPG Power Generation Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- SMG Consultants - Indonesia
- Chamber of Mines of South Africa
- Siam City Cement - Thailand
- White Energy Company Limited
- Kapuas Tunggal Persada - Indonesia
- London Commodity Brokers - England
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- Standard Chartered Bank - UAE
- Edison Trading Spa - Italy
- Directorate Of Revenue Intelligence - India
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- Videocon Industries ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- San Jose City I Power Corp, Philippines
- Global Coal Blending Company Limited - Australia
- Karaikal Port Pvt Ltd - India
- Indogreen Group - Indonesia
- Central Java Power - Indonesia
- The University of Queensland
- Georgia Ports Authority, United States
- Anglo American - United Kingdom
- The Treasury - Australian Government
- Bayan Resources Tbk. - Indonesia
- Attock Cement Pakistan Limited
- Kohat Cement Company Ltd. - Pakistan
- Coal and Oil Company - UAE
- International Coal Ventures Pvt Ltd - India
- Electricity Authority, New Zealand
- Samtan Co., Ltd - South Korea
- Mercuria Energy - Indonesia
- Carbofer General Trading SA - India
- Global Green Power PLC Corporation, Philippines
- Australian Commodity Traders Exchange
- South Luzon Thermal Energy Corporation
- Aboitiz Power Corporation - Philippines
- Posco Energy - South Korea
- Metalloyd Limited - United Kingdom
- Renaissance Capital - South Africa
- Planning Commission, India
- Eastern Energy - Thailand
- Grasim Industreis Ltd - India
- Toyota Tsusho Corporation, Japan
- Formosa Plastics Group - Taiwan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Tata Chemicals Ltd - India
- Rashtriya Ispat Nigam Limited - India
- GMR Energy Limited - India
- New Zealand Coal & Carbon
- Krishnapatnam Port Company Ltd. - India
- Minerals Council of Australia
- Baramulti Group, Indonesia
- India Bulls Power Limited - India
- Petron Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Borneo Indobara - Indonesia
- Parry Sugars Refinery, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Intertek Mineral Services - Indonesia
- Siam City Cement PLC, Thailand
- Merrill Lynch Commodities Europe
- Power Finance Corporation Ltd., India
- Energy Development Corp, Philippines
- Price Waterhouse Coopers - Russia
- Rio Tinto Coal - Australia
- Eastern Coal Council - USA
- Economic Council, Georgia
- Heidelberg Cement - Germany
- Sarangani Energy Corporation, Philippines
- IEA Clean Coal Centre - UK
- PNOC Exploration Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- Indonesian Coal Mining Association
- Singapore Mercantile Exchange
- Semirara Mining Corp, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Ministry of Transport, Egypt
- Jaiprakash Power Ventures ltd
- Makarim & Taira - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Marubeni Corporation - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sindya Power Generating Company Private Ltd
- Riau Bara Harum - Indonesia
- Kartika Selabumi Mining - Indonesia
- Salva Resources Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Meralco Power Generation, Philippines
- GAC Shipping (India) Pvt Ltd
- Bhushan Steel Limited - India
- McConnell Dowell - Australia
- Star Paper Mills Limited - India
- Indian Oil Corporation Limited
- Bahari Cakrawala Sebuku - Indonesia
- Tamil Nadu electricity Board
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- Bhoruka Overseas - Indonesia
- Sakthi Sugars Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Electricity Generating Authority of Thailand
- Jindal Steel & Power Ltd - India
- Cement Manufacturers Association - India
- Thai Mozambique Logistica
- PTC India Limited - India
- Bukit Makmur.PT - Indonesia
- TeaM Sual Corporation - Philippines
- Oldendorff Carriers - Singapore
- Larsen & Toubro Limited - India
- Mintek Dendrill Indonesia
- Petrochimia International Co. Ltd.- Taiwan
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- Simpson Spence & Young - Indonesia
- CNBM International Corporation - China
- Indo Tambangraya Megah - Indonesia
- Sical Logistics Limited - India
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- Agrawal Coal Company - India
- Gujarat Sidhee Cement - India
- SN Aboitiz Power Inc, Philippines
- Mjunction Services Limited - India
- Semirara Mining and Power Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Binh Thuan Hamico - Vietnam
- Timah Investasi Mineral - Indoneisa
- Neyveli Lignite Corporation Ltd, - India
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- Banpu Public Company Limited - Thailand
- Bhatia International Limited - India
- Dalmia Cement Bharat India
- Chettinad Cement Corporation Ltd - India
- Orica Mining Services - Indonesia
- The State Trading Corporation of India Ltd
- Romanian Commodities Exchange
- Kepco SPC Power Corporation, Philippines
- Sojitz Corporation - Japan
- Orica Australia Pty. Ltd.
- Port Waratah Coal Services - Australia
- Kumho Petrochemical, South Korea
- GVK Power & Infra Limited - India
- Pendopo Energi Batubara - Indonesia
- Ministry of Mines - Canada
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- Antam Resourcindo - Indonesia
- Kideco Jaya Agung - Indonesia
- Malabar Cements Ltd - India
- Uttam Galva Steels Limited - India
- Ambuja Cements Ltd - India
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- Iligan Light & Power Inc, Philippines
- Central Electricity Authority - India
- Trasteel International SA, Italy
- Ministry of Finance - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Maharashtra Electricity Regulatory Commission - India
- Goldman Sachs - Singapore
- Deloitte Consulting - India
- Interocean Group of Companies - India
- PowerSource Philippines DevCo
- Jorong Barutama Greston.PT - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Essar Steel Hazira Ltd - India
- Indika Energy - Indonesia
- SMC Global Power, Philippines
- Bangladesh Power Developement Board
- TNB Fuel Sdn Bhd - Malaysia
- Barasentosa Lestari - Indonesia
- CIMB Investment Bank - Malaysia
- Xindia Steels Limited - India
- Mercator Lines Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Vedanta Resources Plc - India
- Bukit Asam (Persero) Tbk - Indonesia
- Aditya Birla Group - India
- Kobexindo Tractors - Indoneisa
- Straits Asia Resources Limited - Singapore
- Coalindo Energy - Indonesia
- Global Business Power Corporation, Philippines
- Wood Mackenzie - Singapore
- Globalindo Alam Lestari - Indonesia
- Independent Power Producers Association of India
- Therma Luzon, Inc, Philippines
- Bharathi Cement Corporation - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- AsiaOL BioFuels Corp., Philippines
- Miang Besar Coal Terminal - Indonesia
- Indian Energy Exchange, India
- Bukit Baiduri Energy - Indonesia
- Sree Jayajothi Cements Limited - India
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- Cigading International Bulk Terminal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Asia Pacific Energy Resources Ventures Inc, Philippines
- ASAPP Information Group - India
- VISA Power Limited - India
- Bulk Trading Sa - Switzerland
- Lanco Infratech Ltd - India
- Parliament of New Zealand
- Manunggal Multi Energi - Indonesia
- Savvy Resources Ltd - HongKong
- MS Steel International - UAE
- Madhucon Powers Ltd - India
- Medco Energi Mining Internasional
- Wilmar Investment Holdings
- Commonwealth Bank - Australia
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