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Thursday, 03 February 22
COAL SHORTAGE NOW AT ALARMING LEVELS, SAY ALUMINIUM PRODUCERS - IANS
With no relief in sight despite coal stocks running critically low and production disruptions looming across the Indian aluminium sector, the Aluminium Association of India (AAI) has approached the Ministry of Coal, urging the immediate resumption of adequate coal rakes for the highly power-intensive Aluminium industry.
In its representation to the Ministry, the AAI has lauded the combined efforts by the Ministry of Coal and Coal India Limited in reviving domestic coal production, which has helped ease the coal supply crisis for the Power Sector. The steps undertaken by the Ministry increased the overall daily rakes dispatched from 242 rakes/day in September 2021 to 289 rakes/day in December 2021. This has drastically strengthened the coal stocks of the Power Sector to around 10 days, a marked improvement from a mere 2-3 days in the months of September-October last year.
However, this has come at enormous cost to the Captive Power Plants (CPP)-based industry and the worst impacted is the Indian aluminium industry, which continues to see depleting coal stocks of only 3-4 days, abysmally low compared to the prescribed level of 15 days for the sector. Struggling to cope with this prolonged crisis since the second quarter of this fiscal year, the AAI has now sought the Ministry’s support to ensure adequate supplies to the CPPs by earmarking at least 25-30 coal rakes per day to ensure viable industry operations.
The need for the CPPs is especially urgent, given that Aluminium production is a continuous process that requires huge volumes of uninterrupted quality power supply. This quantum can only be met only through the in-house CPPs set up by all the aluminium smelters plants to meet this specific requirement. Accordingly, the industry has established Captive Power Plants of 9,400 MW capacity (comprising 34 per cent of the cumulative thermal CPPs capacity domestically) to supply continuous power for Aluminium operations.
Even though the Government has reiterated that there is now an improved availability of coal in the country overall, the non-availability of rakes for the non-regulated sectors remains a major concern. Curtailing coal supplies to Captive Power Plants (CPPs) has directly resulted in a coal crunch situation for the Aluminium Sector. Any power interruption in an aluminium smelting operation for more than 2 hours can lead to the freezing of molten aluminium within the smelting pots, which takes a minimum of 6 months to fix, and then almost a year to once again begin yielding the desired metal output, causing enormous production, cost and supply disruptions. With the continued crisis, it will take over a year’s time to clear the backlog of rakes, and for the CPPs to build and maintain adequate coal stocks for sustainable operations. The crisis further aggravates with the last-minute cancellation of coal auctions for NRS, giving no relief for the domestic industry to secure coal for manufacturing and CPP-based industries.
With the ongoing revival of the economy and increased post-pandemic industrial activity, the CPP-based industries are highly dependent on uninterrupted coal supplies which is vital for sustainable operations and the continued cost-competitiveness of power intensive industries vis-a-vis global players. Any production curtailment by this sector will have cascading effect on consumption and downstream supply chain, thereby adversely impacting the nation’s GDP growth.
The AAI representation has gone on to highlight that since August 2021, the Non-Regulated Sector has been facing uncertainties in securing sufficient coal rakes for continued operations, with supplies limited to just 40-50 per cent of the required coal. This has led to a backlog of over 6000 coal rakes as most of the available coal and rakes are being diverted to the Power Sector as “Priority Coal Supplies”, even despite their coal inventory situation drastically improving.
Source: IANS
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Monday, 18 April 22
DEMAND FOR THERMAL COAL TO RISE DUE TO INCREASE IN ELECTRICITY DEMAND: INDIAN COAL MINISTRY - PTI
Coal block allocatees have a golden opportunity to augment production as the demand for thermal coal will rise due to an increase in electricity de ...
Tuesday, 05 April 22
INDONESIAN COAL PRICE REFERENCE HITS RECORD ABOVE $288
COALspot.com: Indonesian Coal Price Reference for April in a steep climb from March 2022.
As expected, Russia – Ukraine war dr ...
Thursday, 31 March 22
CHINA STATE PLANNER ASKS COAL INDEX PROVIDERS TO RECTIFY IRREGULARITIES - REUTERS
China’s state planner has asked some major coal price index providers to rectify “severe irregularities” it had identified in the ...
Thursday, 31 March 22
IMPORTED COAL PRICES TO JUMP 55% IN APR-JUN, IMPACT INDIAN FIRMS: ICRA - LIVEMINT
Supply disruption owing to the Russia-Ukraine conflict could push the price of imported coal by 45-55% in Q1FY23 compared to the previous quarter, ...
Thursday, 31 March 22
CHINA'S COAL OUTPUT SET FOR MODERATE GROWTH IN 2022 - INDUSTRY BODY - REUTERS
China is expected to see its coal output to grow further in 2022 after hitting a record last year, an industry body forecast on Wednesday, as the c ...
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- Chettinad Cement Corporation Ltd - India
- Singapore Mercantile Exchange
- Kohat Cement Company Ltd. - Pakistan
- Sarangani Energy Corporation, Philippines
- Port Waratah Coal Services - Australia
- Posco Energy - South Korea
- Medco Energi Mining Internasional
- Indogreen Group - Indonesia
- Intertek Mineral Services - Indonesia
- Iligan Light & Power Inc, Philippines
- Latin American Coal - Colombia
- Miang Besar Coal Terminal - Indonesia
- Baramulti Group, Indonesia
- Chamber of Mines of South Africa
- Edison Trading Spa - Italy
- Vedanta Resources Plc - India
- New Zealand Coal & Carbon
- Kapuas Tunggal Persada - Indonesia
- Interocean Group of Companies - India
- Sakthi Sugars Limited - India
- Cigading International Bulk Terminal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Samtan Co., Ltd - South Korea
- Makarim & Taira - Indonesia
- Bukit Baiduri Energy - Indonesia
- ASAPP Information Group - India
- Savvy Resources Ltd - HongKong
- SMG Consultants - Indonesia
- Energy Development Corp, Philippines
- Marubeni Corporation - India
- Gujarat Mineral Development Corp Ltd - India
- Bhatia International Limited - India
- Mjunction Services Limited - India
- Meenaskhi Energy Private Limited - India
- Africa Commodities Group - South Africa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Videocon Industries ltd - India
- Indonesian Coal Mining Association
- Petrochimia International Co. Ltd.- Taiwan
- Sinarmas Energy and Mining - Indonesia
- LBH Netherlands Bv - Netherlands
- Kideco Jaya Agung - Indonesia
- Toyota Tsusho Corporation, Japan
- Lanco Infratech Ltd - India
- Global Coal Blending Company Limited - Australia
- Kumho Petrochemical, South Korea
- OPG Power Generation Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Mercuria Energy - Indonesia
- Trasteel International SA, Italy
- Wilmar Investment Holdings
- Billiton Holdings Pty Ltd - Australia
- Ind-Barath Power Infra Limited - India
- SMC Global Power, Philippines
- Thai Mozambique Logistica
- Krishnapatnam Port Company Ltd. - India
- Central Java Power - Indonesia
- San Jose City I Power Corp, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Mintek Dendrill Indonesia
- Eastern Coal Council - USA
- Sindya Power Generating Company Private Ltd
- Antam Resourcindo - Indonesia
- PowerSource Philippines DevCo
- Jaiprakash Power Ventures ltd
- Bayan Resources Tbk. - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Sical Logistics Limited - India
- Bharathi Cement Corporation - India
- Orica Australia Pty. Ltd.
- Holcim Trading Pte Ltd - Singapore
- Aditya Birla Group - India
- Star Paper Mills Limited - India
- Price Waterhouse Coopers - Russia
- Tata Chemicals Ltd - India
- MS Steel International - UAE
- Straits Asia Resources Limited - Singapore
- Coal and Oil Company - UAE
- PTC India Limited - India
- Indika Energy - Indonesia
- Goldman Sachs - Singapore
- Ministry of Finance - Indonesia
- Orica Mining Services - Indonesia
- Gujarat Sidhee Cement - India
- Pipit Mutiara Jaya. PT, Indonesia
- Electricity Generating Authority of Thailand
- Ceylon Electricity Board - Sri Lanka
- The University of Queensland
- CIMB Investment Bank - Malaysia
- Renaissance Capital - South Africa
- Coalindo Energy - Indonesia
- Simpson Spence & Young - Indonesia
- Kartika Selabumi Mining - Indonesia
- Sojitz Corporation - Japan
- Alfred C Toepfer International GmbH - Germany
- Grasim Industreis Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- London Commodity Brokers - England
- Economic Council, Georgia
- Rio Tinto Coal - Australia
- Karbindo Abesyapradhi - Indoneisa
- Kalimantan Lumbung Energi - Indonesia
- Directorate Of Revenue Intelligence - India
- Bulk Trading Sa - Switzerland
- Maharashtra Electricity Regulatory Commission - India
- Minerals Council of Australia
- Indo Tambangraya Megah - Indonesia
- Global Business Power Corporation, Philippines
- VISA Power Limited - India
- Parry Sugars Refinery, India
- European Bulk Services B.V. - Netherlands
- Romanian Commodities Exchange
- Georgia Ports Authority, United States
- Kaltim Prima Coal - Indonesia
- Australian Coal Association
- PetroVietnam Power Coal Import and Supply Company
- The Treasury - Australian Government
- Semirara Mining and Power Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- SN Aboitiz Power Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Indian Energy Exchange, India
- Bhushan Steel Limited - India
- Australian Commodity Traders Exchange
- Larsen & Toubro Limited - India
- Coastal Gujarat Power Limited - India
- Independent Power Producers Association of India
- Maheswari Brothers Coal Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Wood Mackenzie - Singapore
- Jindal Steel & Power Ltd - India
- Meralco Power Generation, Philippines
- Indian Oil Corporation Limited
- Global Green Power PLC Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Altura Mining Limited, Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Petron Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- Ambuja Cements Ltd - India
- Siam City Cement - Thailand
- GVK Power & Infra Limited - India
- India Bulls Power Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Mercator Lines Limited - India
- White Energy Company Limited
- TNB Fuel Sdn Bhd - Malaysia
- Cement Manufacturers Association - India
- IEA Clean Coal Centre - UK
- Bukit Asam (Persero) Tbk - Indonesia
- Bangladesh Power Developement Board
- Standard Chartered Bank - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Metalloyd Limited - United Kingdom
- Deloitte Consulting - India
- Thiess Contractors Indonesia
- Uttam Galva Steels Limited - India
- Anglo American - United Kingdom
- Parliament of New Zealand
- Eastern Energy - Thailand
- Ministry of Mines - Canada
- Timah Investasi Mineral - Indoneisa
- IHS Mccloskey Coal Group - USA
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhoruka Overseas - Indonesia
- Ministry of Transport, Egypt
- Salva Resources Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Agrawal Coal Company - India
- CNBM International Corporation - China
- Gujarat Electricity Regulatory Commission - India
- Heidelberg Cement - Germany
- Central Electricity Authority - India
- Dalmia Cement Bharat India
- Aboitiz Power Corporation - Philippines
- Banpu Public Company Limited - Thailand
- Malabar Cements Ltd - India
- Electricity Authority, New Zealand
- Semirara Mining Corp, Philippines
- Attock Cement Pakistan Limited
- Energy Link Ltd, New Zealand
- Formosa Plastics Group - Taiwan
- Tamil Nadu electricity Board
- Borneo Indobara - Indonesia
- Oldendorff Carriers - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kepco SPC Power Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Carbofer General Trading SA - India
- Planning Commission, India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Essar Steel Hazira Ltd - India
- South Luzon Thermal Energy Corporation
- Riau Bara Harum - Indonesia
- Merrill Lynch Commodities Europe
- Therma Luzon, Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Xindia Steels Limited - India
- Karaikal Port Pvt Ltd - India
- McConnell Dowell - Australia
- Pendopo Energi Batubara - Indonesia
- The State Trading Corporation of India Ltd
- Vizag Seaport Private Limited - India
- Barasentosa Lestari - Indonesia
- International Coal Ventures Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Manunggal Multi Energi - Indonesia
- GMR Energy Limited - India
- Power Finance Corporation Ltd., India
- Madhucon Powers Ltd - India
- Commonwealth Bank - Australia
- Siam City Cement PLC, Thailand
- ICICI Bank Limited - India
- TeaM Sual Corporation - Philippines
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