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Thursday, 07 July 22
COAL INDIA'S PRODUCTION SETS RECORD INCREASE OF 29% YOY AT 36 MT IN Q1FY23 - IIFL SECURITIES
Coal India Limited (CIL) has ended April-June quarter FY’23 capping a historic high of 29% yoy output growth, compared to same quarter FY’22.
According to the BSE release data, CIL produced 159.8 million tonnes (MTs) of coal as of Q1 end, which is 35.8 MTs more than the 124 MT output of April-June’22. All the coal companies of CIL have registered growth.
At around 10:16 AM, Coal India was trading at Rs183.90 per share up by Rs1.8 or 0.99% from its previous closing of Rs182.10 per share on the BSE.
“The likeness of such whopping growth was never witnessed in any Q1 since CIL’s inception. Our first quarter production surge of nearly 36 MTs surpassed the entire annual increase of 26.4 MTs of FY’22” said a senior official of the company.
Only twice before, CIL’s total yearly production was higher than what it achieved during the current year’s first quarter alone.
In its bid to achieve the fiscal’s 700 MT output target CIL began FY’23 with an asking rate of 12.4%. The steep production gain of Q1 helped the company bring down the asking growth rate to 8.3%. Increased production enables better stock build up.
Coal output for June’22 at 51.6 MTs also registered an unmatched 29% growth with volume increase of 11.5 MTs. CIL produced 40 MTs in June’21.
With the coal demand from power plants reaching a higher pitch, CIL’s supplies to power sector peaked to a new high of 153.2 MTs during the quarter registering a strong growth of 19.8%. The expansion in absolute terms was a robust 25.3 MTs over 127.9 MTs of last fiscal’s Q1.
CIL on an average supplied 1.684 MTs of coal per day to power sector during the quarter ended June’22 against requirement of 1.650 MTs per day, resulting in 102% materialization.
In June’22 supplies to coal fired plants have gone up to 1.713 MTs per day against projected requirement of 1.6 MTs resulting in 107% materialization.
CIL’s offtake to power sector, during June’22, clocked a sharp 27% growth at 51.4 MTs. This is 11 MT jump compared to 40.4 MTs in June’21. Higher supplies during the month resulted in coal stock accretion to the tune of 77,000 tons per day at power plants end.
Total coal off-take of 177.6 MTs during the quarter ended June’22 posted nearly 11% growth. Increase in absolute terms was 17.3 MTs compared to offtake of was 160.3 MTs in April-June’21.
CIL’s total off-take for June’22 clocked 15.4% growth at 59 MTs. The increase was 7.8 MTs compared to 51.2 MTs in June’21.
Source: IIFL Securities Ltd
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Friday, 18 November 22
REALITIES OF LOI LIABILITIES - BALTIC EXCHANGE
KNOWLEDGE TO ELEVATE
The cargo misdelivery claim in Trafigura Maritime Logistics Pte Ltd v. Clearlake Shipping Pte Ltd (Miracle Hope) [2022] E ...
Tuesday, 15 November 22
CHINA SEES RISING COAL STORAGE AMID SUPPLY PUSH - XINHUA
Coal stockpiles at China’s power plants have seen considerable increases, ensuring energy supply for the winter, the country’s energy r ...
Tuesday, 15 November 22
SEABORNE THERMAL COAL PRICES START TO EASE, BUT PROCESS IS UNEVEN - REUTERS
Prices for seaborne thermal coal have started to drop as fears of a winter energy crunch ease, but the rate of decline has varied across the differ ...
Thursday, 10 November 22
INDIA: THERMAL PLANTS HAVE ADEQUATE COAL STOCKS AT 25.6 MILLION TONNES, SAYS GOVT - IANS
The coal stock with domestic dry fuel-based power plants, as on October 31, was 25.6 million tonnes, the government said, adding that the availabil ...
Tuesday, 08 November 22
OUTLOOK ON CHINA’S WEAKENED BASIC MATERIALS SECTOR CLOUDED BY POLICY SWINGS - FITCH RATINGS
Fitch Ratings expects basic materials demand in China to improve qoq in 4Q22, driven by seasonally higher construction activity, solid infrastructu ...
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- Power Finance Corporation Ltd., India
- Borneo Indobara - Indonesia
- Toyota Tsusho Corporation, Japan
- Price Waterhouse Coopers - Russia
- SN Aboitiz Power Inc, Philippines
- Essar Steel Hazira Ltd - India
- Tamil Nadu electricity Board
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Binh Thuan Hamico - Vietnam
- Petron Corporation, Philippines
- Latin American Coal - Colombia
- Meenaskhi Energy Private Limited - India
- TeaM Sual Corporation - Philippines
- Semirara Mining and Power Corporation, Philippines
- Siam City Cement PLC, Thailand
- Eastern Energy - Thailand
- Intertek Mineral Services - Indonesia
- White Energy Company Limited
- Australian Coal Association
- Savvy Resources Ltd - HongKong
- Goldman Sachs - Singapore
- Sical Logistics Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Riau Bara Harum - Indonesia
- Indian Oil Corporation Limited
- Sakthi Sugars Limited - India
- Kepco SPC Power Corporation, Philippines
- PTC India Limited - India
- Krishnapatnam Port Company Ltd. - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- McConnell Dowell - Australia
- SMG Consultants - Indonesia
- Eastern Coal Council - USA
- Coalindo Energy - Indonesia
- Anglo American - United Kingdom
- Madhucon Powers Ltd - India
- Aboitiz Power Corporation - Philippines
- Lanco Infratech Ltd - India
- Antam Resourcindo - Indonesia
- Makarim & Taira - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Australian Commodity Traders Exchange
- Grasim Industreis Ltd - India
- Interocean Group of Companies - India
- Economic Council, Georgia
- Alfred C Toepfer International GmbH - Germany
- Ministry of Transport, Egypt
- SMC Global Power, Philippines
- Billiton Holdings Pty Ltd - Australia
- Jindal Steel & Power Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Wilmar Investment Holdings
- ICICI Bank Limited - India
- Therma Luzon, Inc, Philippines
- Minerals Council of Australia
- Sree Jayajothi Cements Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Indika Energy - Indonesia
- Romanian Commodities Exchange
- Altura Mining Limited, Indonesia
- Coal and Oil Company - UAE
- Central Electricity Authority - India
- Orica Mining Services - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Formosa Plastics Group - Taiwan
- Parliament of New Zealand
- Mercator Lines Limited - India
- Pendopo Energi Batubara - Indonesia
- IEA Clean Coal Centre - UK
- MS Steel International - UAE
- Port Waratah Coal Services - Australia
- Maheswari Brothers Coal Limited - India
- Holcim Trading Pte Ltd - Singapore
- Coastal Gujarat Power Limited - India
- Videocon Industries ltd - India
- Bukit Makmur.PT - Indonesia
- Banpu Public Company Limited - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Cement Manufacturers Association - India
- Indian Energy Exchange, India
- Energy Development Corp, Philippines
- Carbofer General Trading SA - India
- South Luzon Thermal Energy Corporation
- Global Green Power PLC Corporation, Philippines
- Dalmia Cement Bharat India
- Bahari Cakrawala Sebuku - Indonesia
- Heidelberg Cement - Germany
- The Treasury - Australian Government
- PetroVietnam Power Coal Import and Supply Company
- Bayan Resources Tbk. - Indonesia
- CNBM International Corporation - China
- Indo Tambangraya Megah - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Ambuja Cements Ltd - India
- Singapore Mercantile Exchange
- GMR Energy Limited - India
- Agrawal Coal Company - India
- Ind-Barath Power Infra Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Pipit Mutiara Jaya. PT, Indonesia
- Global Coal Blending Company Limited - Australia
- Electricity Generating Authority of Thailand
- Tata Chemicals Ltd - India
- Kobexindo Tractors - Indoneisa
- Bhoruka Overseas - Indonesia
- IHS Mccloskey Coal Group - USA
- Barasentosa Lestari - Indonesia
- Bharathi Cement Corporation - India
- Salva Resources Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- PNOC Exploration Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- Gujarat Electricity Regulatory Commission - India
- Bukit Asam (Persero) Tbk - Indonesia
- Thiess Contractors Indonesia
- Trasteel International SA, Italy
- Planning Commission, India
- Mercuria Energy - Indonesia
- The State Trading Corporation of India Ltd
- Miang Besar Coal Terminal - Indonesia
- Electricity Authority, New Zealand
- Larsen & Toubro Limited - India
- Vizag Seaport Private Limited - India
- Africa Commodities Group - South Africa
- Renaissance Capital - South Africa
- Commonwealth Bank - Australia
- Samtan Co., Ltd - South Korea
- Indonesian Coal Mining Association
- Uttam Galva Steels Limited - India
- OPG Power Generation Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GVK Power & Infra Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Vedanta Resources Plc - India
- Medco Energi Mining Internasional
- Mintek Dendrill Indonesia
- International Coal Ventures Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Global Business Power Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- PowerSource Philippines DevCo
- Star Paper Mills Limited - India
- Marubeni Corporation - India
- Sojitz Corporation - Japan
- San Jose City I Power Corp, Philippines
- Parry Sugars Refinery, India
- GN Power Mariveles Coal Plant, Philippines
- Simpson Spence & Young - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Globalindo Alam Lestari - Indonesia
- CIMB Investment Bank - Malaysia
- Bangladesh Power Developement Board
- VISA Power Limited - India
- European Bulk Services B.V. - Netherlands
- The University of Queensland
- Baramulti Group, Indonesia
- Oldendorff Carriers - Singapore
- Georgia Ports Authority, United States
- Directorate Of Revenue Intelligence - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Chettinad Cement Corporation Ltd - India
- Indogreen Group - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Rio Tinto Coal - Australia
- Rashtriya Ispat Nigam Limited - India
- Deloitte Consulting - India
- India Bulls Power Limited - India
- Ministry of Mines - Canada
- Bhatia International Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bulk Trading Sa - Switzerland
- Aditya Birla Group - India
- Kohat Cement Company Ltd. - Pakistan
- Kaltim Prima Coal - Indonesia
- Meralco Power Generation, Philippines
- Merrill Lynch Commodities Europe
- Orica Australia Pty. Ltd.
- Semirara Mining Corp, Philippines
- Ministry of Finance - Indonesia
- Attock Cement Pakistan Limited
- Sinarmas Energy and Mining - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Gujarat Sidhee Cement - India
- Chamber of Mines of South Africa
- Edison Trading Spa - Italy
- London Commodity Brokers - England
- Kideco Jaya Agung - Indonesia
- ASAPP Information Group - India
- Mjunction Services Limited - India
- Kapuas Tunggal Persada - Indonesia
- Bukit Baiduri Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Wood Mackenzie - Singapore
- Sarangani Energy Corporation, Philippines
- Jaiprakash Power Ventures ltd
- New Zealand Coal & Carbon
- Manunggal Multi Energi - Indonesia
- Energy Link Ltd, New Zealand
- Independent Power Producers Association of India
- Siam City Cement - Thailand
- Central Java Power - Indonesia
- Kumho Petrochemical, South Korea
- Standard Chartered Bank - UAE
- GAC Shipping (India) Pvt Ltd
- Bhushan Steel Limited - India
- Thai Mozambique Logistica
- AsiaOL BioFuels Corp., Philippines
- Posco Energy - South Korea
- Malabar Cements Ltd - India
- Metalloyd Limited - United Kingdom
- Timah Investasi Mineral - Indoneisa
- Xindia Steels Limited - India
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