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Friday, 09 July 21
CAN WE EXPECT AFFORDABLE POWER SUPPLY BY REPLACING COAL BASED POWER WITH LNG? - FINANCIAL EXPRESS
Bangladesh government’s recent decision to cancel the contracts for 10 coal fired power plants in late June 2021 has invited interest in the country and abroad. On June 27, 2021, State Minister for Power, Energy and Mineral Resources Mr. Nasrul Hamid, MP confirmed that the government decided to cancel permissions for construction of the Patuakhali 1,320 MW, 1,200 MW North Bengal Super Thermal Power Plant, Magura 520 MW Coal Power Plant, Dhaka 282 MW Coal Power Plant, Chattogram 282 MW coal power plant, Khulna 565 MW coal power plant, 2 x1,320 MW coal power plant at Maheshkhali, Bangladesh Singapore 700 MW coal power plant, CPGCBL-Sumitomo 1,200 MW coal power plant. It may be mentioned that the ongoing major coal power plants under operation and the power plants under construction (including Matarbari 1,200 x 2=2,400 MW, Rampal 1,320 MW and Payra 1320 x2=2,620 MW and 1,320 MW, Bashkhali (Chattogram) 1,224 MW power plants and Barishal 307 MW) have been progressing their works. The present government approved earlier 18 coal fired power plants to be built in the country. The cancelled ten power plants are part of the said 18 coal power plants.
The Power Division officials indicate that the cancelled 10 coal power plants could not make any physical progress for their implementation despite the fact that their contracts were signed several year ago. Moreover, proponents of these cancelled power plant projects could not secure investments in the pipelines to advance their projects. Therefore, the government considered the projects unreal and unnecessary to keep them in the lists of upcoming power plants. The State Minister for Power, Energy and Mineral Resources of Bangladesh further stated that the government would consider converting part of the cancelled power plant projects to run with imported LNG fuel. However, Power Division officials indicate that the necessity for converting some of the cancelled power plants into LNG fuel power plants can be considered only after careful assessment of additional power generation capacity requirements in the country. Bangladesh already has grid connected power generation capacity of 22,023 MW. The projected maximum demand for power in 2025 (as per BPDB) would be 19,900 MW. BPDB expects that in 2025 there will be an installed net power generation capacity of 35,635 MW. And the cancellation of 10 coal power plant has no role in the projected generation capacity in 2025.
Coal remains as comparatively cheaper fuel for electricity generation worldwide. Bangladesh has opted not to extract its own coal available in the northern districts but decided to use imported coal for power generation. The coal power plants have been facing difficulties to import coal for power generation at a ‘cheaper’ price due to logistic constraints. The impediment is linked with the absence of deep sea port and large coal import vessel movement restrictions due to shallow depth of the existing port channels. As a result, small ships are to be used for coal import in the country (involving multiple transshipments and high handling costs), imported coal becomes costly. If the coal power plant location is away from the ports, coal import cost for the plant becomes costlier.
Also, the environmental restrictions compel coal fired power plant to use advanced and costlier technology to capture coal dust and Sulphur emission from the plant. Thus, the import based coal fired power plants in Bangladesh are not very cheap compared to many other countries. However, experience of Payra coal fired power plant (2×660 MW) still encourages the local power producers to maintain a healthy share of coal power plant for ensuring cheaper power generation and for fuel diversity.
The ongoing revision of integrated Energy and Power System Master Plan for the country may take two more years to complete. The analysis of primary fuel availability and cost for power generation and realistic projection for power sector growth requirements will influence the decision if increase of LNG share for power generation is justified.
There are infrastructural capacity constraints for LNG import as well. At present, the existing 2 Floating Storage and Regasification Units (FSRU) at Maheshkhali with installed capacity of 1,000 mmcfd (million cubic feet ) equivalent natural gas can no longer support additional import pressures for more LNG. The government has been progressing the installation of 2 more land based LNG Regasification plants (one at Payra, Patuakhali and the other at Maheshkhali, Cox’s Bazar) with 1,000 mmcfd capacity each. Installation of the land based LNG regasification plants is not cheap and their installation will take minimum 3-4 years. In addition, existing gas transmission pipelines have their capacity limitations. Therefore, more LNG regasification plants will invite additional gas transmission pipelines to be build.
The domestic gas production has been declining steadily as no new gas field is added to the gas supply system. These is a long list of industries and development projects requiring natural gas supply. However, the growing gas demands and declining productions of domestic gas fields will push for more gas and electricity supply. Already a number of gas-based power plants remain idle in the country due to gas supply shortages. So, the demand side pressure for natural gas supply as primary fuel for industries and for power generation need to be assessed carefully considering the huge cost of LNG import and its impacts on power generation costs. Significant cost escalation for power generation may invite conflicts with consumers’ affordability and business competiveness of the country.
The potential growth of renewable energy-based power plants and their limitations, potential capacity enhancement for nuclear power and its cost have to be assessed prior to enhancing LNG import. A balanced energy mix is healthy and may allow better energy security. On the other hand, the trend for continuous (for last 11 years per unit power price has increased on average about 90 per cent) energy and power cost escalation challenges the consumers’ demand for affordable energy supply. Therefore, share of coal power plant and LNG based power generation capacity have to be defined carefully keeping in mind the government’s commitment for affordable and sustainable energy and power supply to the consumers.
Source: Financial Express
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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) ...
Thursday, 27 May 21
KOMIPO INVITED BIDS FOR 1.56 MILLION TONS OF BITUMINOUS COAL
COALspot.com: Korea Midland Power Co., Ltd (KOMIPO) has issued an international tender for total 1,560,000 MT of Bituminous Coal to be used a ...
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- Toyota Tsusho Corporation, Japan
- Cigading International Bulk Terminal - Indonesia
- Kumho Petrochemical, South Korea
- Economic Council, Georgia
- Minerals Council of Australia
- Kideco Jaya Agung - Indonesia
- Orica Australia Pty. Ltd.
- Bukit Asam (Persero) Tbk - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kartika Selabumi Mining - Indonesia
- Gujarat Sidhee Cement - India
- Marubeni Corporation - India
- Vijayanagar Sugar Pvt Ltd - India
- Parry Sugars Refinery, India
- Indonesian Coal Mining Association
- International Coal Ventures Pvt Ltd - India
- Chamber of Mines of South Africa
- Central Java Power - Indonesia
- Bayan Resources Tbk. - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Interocean Group of Companies - India
- Chettinad Cement Corporation Ltd - India
- Jindal Steel & Power Ltd - India
- OPG Power Generation Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Samtan Co., Ltd - South Korea
- Romanian Commodities Exchange
- Leighton Contractors Pty Ltd - Australia
- Bhatia International Limited - India
- Tamil Nadu electricity Board
- SN Aboitiz Power Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Kalimantan Lumbung Energi - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Star Paper Mills Limited - India
- Energy Link Ltd, New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Grasim Industreis Ltd - India
- Intertek Mineral Services - Indonesia
- Sical Logistics Limited - India
- Deloitte Consulting - India
- Timah Investasi Mineral - Indoneisa
- TNB Fuel Sdn Bhd - Malaysia
- Semirara Mining Corp, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- McConnell Dowell - Australia
- Videocon Industries ltd - India
- Simpson Spence & Young - Indonesia
- Anglo American - United Kingdom
- Eastern Energy - Thailand
- Edison Trading Spa - Italy
- Wilmar Investment Holdings
- Bhoruka Overseas - Indonesia
- Vedanta Resources Plc - India
- Manunggal Multi Energi - Indonesia
- Sojitz Corporation - Japan
- Trasteel International SA, Italy
- Electricity Generating Authority of Thailand
- Indo Tambangraya Megah - Indonesia
- VISA Power Limited - India
- IHS Mccloskey Coal Group - USA
- Ministry of Finance - Indonesia
- Maheswari Brothers Coal Limited - India
- Riau Bara Harum - Indonesia
- Latin American Coal - Colombia
- Malabar Cements Ltd - India
- Bulk Trading Sa - Switzerland
- Ceylon Electricity Board - Sri Lanka
- Uttam Galva Steels Limited - India
- Coal and Oil Company - UAE
- Mjunction Services Limited - India
- Goldman Sachs - Singapore
- Therma Luzon, Inc, Philippines
- Australian Commodity Traders Exchange
- SMC Global Power, Philippines
- Renaissance Capital - South Africa
- White Energy Company Limited
- Maharashtra Electricity Regulatory Commission - India
- Georgia Ports Authority, United States
- Asmin Koalindo Tuhup - Indonesia
- Wood Mackenzie - Singapore
- GVK Power & Infra Limited - India
- Medco Energi Mining Internasional
- Price Waterhouse Coopers - Russia
- Agrawal Coal Company - India
- Rio Tinto Coal - Australia
- Indian Energy Exchange, India
- Meralco Power Generation, Philippines
- Port Waratah Coal Services - Australia
- Ministry of Mines - Canada
- The State Trading Corporation of India Ltd
- Kaltim Prima Coal - Indonesia
- Cement Manufacturers Association - India
- Oldendorff Carriers - Singapore
- PetroVietnam Power Coal Import and Supply Company
- India Bulls Power Limited - India
- Coalindo Energy - Indonesia
- Borneo Indobara - Indonesia
- GMR Energy Limited - India
- Posco Energy - South Korea
- Independent Power Producers Association of India
- Sakthi Sugars Limited - India
- Ambuja Cements Ltd - India
- Tata Chemicals Ltd - India
- Savvy Resources Ltd - HongKong
- Jaiprakash Power Ventures ltd
- Africa Commodities Group - South Africa
- Thai Mozambique Logistica
- Siam City Cement PLC, Thailand
- Pendopo Energi Batubara - Indonesia
- Aboitiz Power Corporation - Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- The University of Queensland
- Siam City Cement - Thailand
- Carbofer General Trading SA - India
- Formosa Plastics Group - Taiwan
- Ministry of Transport, Egypt
- Sindya Power Generating Company Private Ltd
- Indogreen Group - Indonesia
- Merrill Lynch Commodities Europe
- GAC Shipping (India) Pvt Ltd
- Gujarat Electricity Regulatory Commission - India
- Barasentosa Lestari - Indonesia
- Heidelberg Cement - Germany
- Australian Coal Association
- SMG Consultants - Indonesia
- Sree Jayajothi Cements Limited - India
- Standard Chartered Bank - UAE
- Iligan Light & Power Inc, Philippines
- Banpu Public Company Limited - Thailand
- Madhucon Powers Ltd - India
- The Treasury - Australian Government
- Semirara Mining and Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Mercator Lines Limited - India
- Eastern Coal Council - USA
- Xindia Steels Limited - India
- Planning Commission, India
- Karaikal Port Pvt Ltd - India
- Makarim & Taira - Indonesia
- Metalloyd Limited - United Kingdom
- Krishnapatnam Port Company Ltd. - India
- Ind-Barath Power Infra Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Singapore Mercantile Exchange
- Neyveli Lignite Corporation Ltd, - India
- ASAPP Information Group - India
- Parliament of New Zealand
- Power Finance Corporation Ltd., India
- Bukit Baiduri Energy - Indonesia
- Essar Steel Hazira Ltd - India
- CNBM International Corporation - China
- Energy Development Corp, Philippines
- Coastal Gujarat Power Limited - India
- Holcim Trading Pte Ltd - Singapore
- AsiaOL BioFuels Corp., Philippines
- Salva Resources Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Global Green Power PLC Corporation, Philippines
- London Commodity Brokers - England
- Aditya Birla Group - India
- Binh Thuan Hamico - Vietnam
- Sarangani Energy Corporation, Philippines
- Orica Mining Services - Indonesia
- PTC India Limited - India
- TeaM Sual Corporation - Philippines
- Electricity Authority, New Zealand
- Billiton Holdings Pty Ltd - Australia
- San Jose City I Power Corp, Philippines
- MS Steel International - UAE
- Directorate General of MIneral and Coal - Indonesia
- Bharathi Cement Corporation - India
- Lanco Infratech Ltd - India
- Petron Corporation, Philippines
- Vizag Seaport Private Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Kapuas Tunggal Persada - Indonesia
- Global Business Power Corporation, Philippines
- Central Electricity Authority - India
- CIMB Investment Bank - Malaysia
- Bank of Tokyo Mitsubishi UFJ Ltd
- New Zealand Coal & Carbon
- Alfred C Toepfer International GmbH - Germany
- Kobexindo Tractors - Indoneisa
- Altura Mining Limited, Indonesia
- Rashtriya Ispat Nigam Limited - India
- Larsen & Toubro Limited - India
- Bhushan Steel Limited - India
- Bukit Makmur.PT - Indonesia
- Mercuria Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Thiess Contractors Indonesia
- Commonwealth Bank - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Attock Cement Pakistan Limited
- PowerSource Philippines DevCo
- Kepco SPC Power Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Globalindo Alam Lestari - Indonesia
- LBH Netherlands Bv - Netherlands
- Bangladesh Power Developement Board
- Baramulti Group, Indonesia
- Indika Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- IEA Clean Coal Centre - UK
- Dalmia Cement Bharat India
- Straits Asia Resources Limited - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Directorate Of Revenue Intelligence - India
- Pipit Mutiara Jaya. PT, Indonesia
- Mintek Dendrill Indonesia
- ICICI Bank Limited - India
- European Bulk Services B.V. - Netherlands
- Indian Oil Corporation Limited
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