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Sunday, 09 April 23
COAL INDIA TO BOOST SUPPLIES TO INDUSTRIES AS UTILITIES’ INVENTORIES RISE - REUTERS
Coal India Ltd will increase supplies to industries, the world’s largest coal miner said on Wednesday as fuel inventories at utilities run by coal increased by over two-fifths over the last one year.
The state-run miner has historically prioritised supplies to power plants, sometimes at the expense of the non-regulated sector – which includes industries such as aluminium smelters and steel mills.
This year, Coal India is hopeful of increasing supplies to the power sector by 4% to 610 million tonnes, as it targets production of 780 million tonnes.
“With 610 million tonnes programmed to meet the power sector’s demand, availability of coal for the non-regulated sector increases sizeably,” the company said in a statement.
The miner could raise supplies to the industries by as much as 170 million tonnes during fiscal year 2024, compared with 108 million tonnes in 2022/23 – which was the lowest in at least four years.
“Even after compensating for any unforeseen demand surge from thermal power plants, coal accessibility to the non-regulated sector would be much better in 2023/24,” the company added.
A rise in sales to industries typically offers higher margins than its mainstay long-term contracts with utilities, and could help the company add to its higher profits over the last few quarters.
Higher profits have helped the miner’s shares climb 17.3% in the last one year, despite a 1.5% fall in the broader Nifty index during the same period.
The company improved its supplies to utilities during fiscal year 2022/23 due to record production, helping India recover from a crippling coal shortage that had caused widespread power cuts in April.
Coal accounts for 73% of India’s power generation and utilities account for more than 75% of its use. India is the world’s second-largest producer, consumer, and importer of the fossil fuel.
Source: Reuters
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Thursday, 25 January 24
THE RED SEA ESCALATION IMPLICATIONS ON GLOBAL SEABORNE TRADE - MARIA BERTZELETOU
In recent days, discussions have intensified about the potential impact on the seaborne trade and ton-miles due to the evolving dynamics of market ...
Thursday, 25 January 24
RED SEA SHIPPING DISRUPTIONS KEEP GEOPOLITICAL PREMIUM FOR COMMODITIES - FITCH RATINGS
Shipping disruptions and re-routing away from the Red Sea will maintain the geopolitical premium in the main commodity markets, including for oil a ...
Friday, 19 January 24
INDONESIA TARGETS 710 MLN METRIC TONS COAL OUTPUT IN 2024 AFTER RECORD 2023 - REUTERS
Indonesia, a major thermal coal exporter, aims to produce 710 million metric tons of coal in 2024, its mining minister said on Monday, after postin ...
Friday, 19 January 24
DRUMMOND COLOMBIA COAL OUTPUT ROSE 7.1% IN 2023 - REUTERS
Coal production from miner Drummond’s Colombia operations rose 7.1% in 2023 to 29.5 million metric tons, while exports declined by 2.6% to 27 ...
Friday, 19 January 24
CHINA'S 2023 COAL OUTPUT HITS RECORD HIGH - REUTERS
China’s coal output reached a record high in 2023, data from the statistics bureau showed on Wednesday, amid an ongoing focus on energy secur ...
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- Karaikal Port Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Coalindo Energy - Indonesia
- Therma Luzon, Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Neyveli Lignite Corporation Ltd, - India
- Vizag Seaport Private Limited - India
- Savvy Resources Ltd - HongKong
- Asmin Koalindo Tuhup - Indonesia
- Energy Link Ltd, New Zealand
- Latin American Coal - Colombia
- Medco Energi Mining Internasional
- Malabar Cements Ltd - India
- Minerals Council of Australia
- Bangladesh Power Developement Board
- Semirara Mining and Power Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Anglo American - United Kingdom
- Mjunction Services Limited - India
- Eastern Coal Council - USA
- MS Steel International - UAE
- Makarim & Taira - Indonesia
- Sojitz Corporation - Japan
- Cement Manufacturers Association - India
- Global Coal Blending Company Limited - Australia
- International Coal Ventures Pvt Ltd - India
- Orica Mining Services - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Kapuas Tunggal Persada - Indonesia
- Siam City Cement PLC, Thailand
- IEA Clean Coal Centre - UK
- PetroVietnam Power Coal Import and Supply Company
- Wood Mackenzie - Singapore
- TeaM Sual Corporation - Philippines
- London Commodity Brokers - England
- Parry Sugars Refinery, India
- Siam City Cement - Thailand
- Globalindo Alam Lestari - Indonesia
- Formosa Plastics Group - Taiwan
- Sical Logistics Limited - India
- Toyota Tsusho Corporation, Japan
- Banpu Public Company Limited - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Tamil Nadu electricity Board
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Directorate Of Revenue Intelligence - India
- Posco Energy - South Korea
- Oldendorff Carriers - Singapore
- New Zealand Coal & Carbon
- Pendopo Energi Batubara - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Kideco Jaya Agung - Indonesia
- Sindya Power Generating Company Private Ltd
- ICICI Bank Limited - India
- SMG Consultants - Indonesia
- White Energy Company Limited
- GN Power Mariveles Coal Plant, Philippines
- PowerSource Philippines DevCo
- Vijayanagar Sugar Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Energy Development Corp, Philippines
- Krishnapatnam Port Company Ltd. - India
- Petron Corporation, Philippines
- Heidelberg Cement - Germany
- Bulk Trading Sa - Switzerland
- Jaiprakash Power Ventures ltd
- Indika Energy - Indonesia
- Planning Commission, India
- Kepco SPC Power Corporation, Philippines
- Mercuria Energy - Indonesia
- Wilmar Investment Holdings
- Interocean Group of Companies - India
- Baramulti Group, Indonesia
- Edison Trading Spa - Italy
- Kumho Petrochemical, South Korea
- Merrill Lynch Commodities Europe
- SMC Global Power, Philippines
- Bharathi Cement Corporation - India
- Price Waterhouse Coopers - Russia
- Chamber of Mines of South Africa
- GAC Shipping (India) Pvt Ltd
- Thai Mozambique Logistica
- Kartika Selabumi Mining - Indonesia
- Orica Australia Pty. Ltd.
- Ministry of Mines - Canada
- Coal and Oil Company - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- Jindal Steel & Power Ltd - India
- Simpson Spence & Young - Indonesia
- Sarangani Energy Corporation, Philippines
- Indonesian Coal Mining Association
- Indogreen Group - Indonesia
- Larsen & Toubro Limited - India
- Economic Council, Georgia
- South Luzon Thermal Energy Corporation
- San Jose City I Power Corp, Philippines
- Coastal Gujarat Power Limited - India
- Romanian Commodities Exchange
- Global Business Power Corporation, Philippines
- CIMB Investment Bank - Malaysia
- ASAPP Information Group - India
- Ministry of Transport, Egypt
- The Treasury - Australian Government
- Holcim Trading Pte Ltd - Singapore
- Africa Commodities Group - South Africa
- Altura Mining Limited, Indonesia
- Carbofer General Trading SA - India
- Bayan Resources Tbk. - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Ministry of Finance - Indonesia
- Indian Oil Corporation Limited
- Intertek Mineral Services - Indonesia
- Samtan Co., Ltd - South Korea
- Ind-Barath Power Infra Limited - India
- The University of Queensland
- Aditya Birla Group - India
- GMR Energy Limited - India
- Central Java Power - Indonesia
- Straits Asia Resources Limited - Singapore
- Tata Chemicals Ltd - India
- GVK Power & Infra Limited - India
- Salva Resources Pvt Ltd - India
- Madhucon Powers Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Australian Commodity Traders Exchange
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Mineral Development Corp Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Petrochimia International Co. Ltd.- Taiwan
- Kaltim Prima Coal - Indonesia
- Essar Steel Hazira Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Videocon Industries ltd - India
- CNBM International Corporation - China
- Indian Energy Exchange, India
- Electricity Generating Authority of Thailand
- Bhatia International Limited - India
- Cigading International Bulk Terminal - Indonesia
- Xindia Steels Limited - India
- Commonwealth Bank - Australia
- OPG Power Generation Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Central Electricity Authority - India
- Timah Investasi Mineral - Indoneisa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kobexindo Tractors - Indoneisa
- Agrawal Coal Company - India
- Grasim Industreis Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Australian Coal Association
- Bukit Baiduri Energy - Indonesia
- Dalmia Cement Bharat India
- Miang Besar Coal Terminal - Indonesia
- Vedanta Resources Plc - India
- Metalloyd Limited - United Kingdom
- The State Trading Corporation of India Ltd
- Karbindo Abesyapradhi - Indoneisa
- Leighton Contractors Pty Ltd - Australia
- Borneo Indobara - Indonesia
- Mercator Lines Limited - India
- Independent Power Producers Association of India
- Parliament of New Zealand
- Marubeni Corporation - India
- Trasteel International SA, Italy
- Gujarat Electricity Regulatory Commission - India
- Pipit Mutiara Jaya. PT, Indonesia
- Eastern Energy - Thailand
- Sakthi Sugars Limited - India
- Bukit Makmur.PT - Indonesia
- VISA Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Binh Thuan Hamico - Vietnam
- LBH Netherlands Bv - Netherlands
- Star Paper Mills Limited - India
- IHS Mccloskey Coal Group - USA
- Gujarat Sidhee Cement - India
- Ambuja Cements Ltd - India
- Indo Tambangraya Megah - Indonesia
- Rio Tinto Coal - Australia
- Maheswari Brothers Coal Limited - India
- Meralco Power Generation, Philippines
- Standard Chartered Bank - UAE
- Chettinad Cement Corporation Ltd - India
- Power Finance Corporation Ltd., India
- Goldman Sachs - Singapore
- European Bulk Services B.V. - Netherlands
- Mintek Dendrill Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Antam Resourcindo - Indonesia
- Electricity Authority, New Zealand
- Georgia Ports Authority, United States
- Singapore Mercantile Exchange
- Port Waratah Coal Services - Australia
- Jorong Barutama Greston.PT - Indonesia
- PTC India Limited - India
- Renaissance Capital - South Africa
- Bhushan Steel Limited - India
- India Bulls Power Limited - India
- Riau Bara Harum - Indonesia
- Thiess Contractors Indonesia
- Rashtriya Ispat Nigam Limited - India
- Bhoruka Overseas - Indonesia
- Sree Jayajothi Cements Limited - India
- Manunggal Multi Energi - Indonesia
- Attock Cement Pakistan Limited
- Semirara Mining Corp, Philippines
- Deloitte Consulting - India
- SN Aboitiz Power Inc, Philippines
- Meenaskhi Energy Private Limited - India
- McConnell Dowell - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Lanco Infratech Ltd - India
- Iligan Light & Power Inc, Philippines
- Aboitiz Power Corporation - Philippines
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