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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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Wednesday, 21 June 23
CHINA'S MAY COAL IMPORTS FROM AUSTRALIA RECOVER TO PRE-BAN LEVELS - REUTERS
Australian coal sales to China increased in May, as trade resumed between them even as overall coal demand weakened against an uncertain macroecono ...
Monday, 19 June 23
DROUGHT-DEPLETED HYDROPOWER DRIVES CHINA TO TURN TO COAL - REUTERS
China has leant hard on coal-fired power plants as well as wind and solar generators to make up for a shortfall in hydroelectric generation as a re ...
Monday, 19 June 23
CHINA COAL OUTPUT UP 4.2 PCT IN MAY - XINHUA
China’s raw coal output posted steady growth in May, official data showed.
The country produced 390 million tonnes of raw coal ...
Wednesday, 24 May 23
AMMONIA-FUELLED BULK CARRIERS WITHIN FIVE YEARS - BALTIC EXCHANGE
Within five years, ships powered by clean ammonia could be a feature on the iron ore trade routes between West Australia and East Asia.
A study ...
Tuesday, 23 May 23
CHINA'S APRIL COAL OUTPUT LEAPS 11% ON YEAR, BUT DEMAND DOWNTURN LOOMS - REUTERS
China’s daily coal output in April jumped 11% from the same month a year earlier, boosted by Beijing’s order to increase supply to ensu ...
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- Energy Development Corp, Philippines
- London Commodity Brokers - England
- McConnell Dowell - Australia
- Posco Energy - South Korea
- SMC Global Power, Philippines
- Renaissance Capital - South Africa
- Dalmia Cement Bharat India
- Coal and Oil Company - UAE
- Singapore Mercantile Exchange
- PTC India Limited - India
- Vedanta Resources Plc - India
- Therma Luzon, Inc, Philippines
- Ind-Barath Power Infra Limited - India
- Australian Coal Association
- Georgia Ports Authority, United States
- Binh Thuan Hamico - Vietnam
- Mintek Dendrill Indonesia
- Bukit Baiduri Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- ICICI Bank Limited - India
- Attock Cement Pakistan Limited
- Mjunction Services Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- SMG Consultants - Indonesia
- MS Steel International - UAE
- Ministry of Transport, Egypt
- Kepco SPC Power Corporation, Philippines
- Global Business Power Corporation, Philippines
- Standard Chartered Bank - UAE
- SN Aboitiz Power Inc, Philippines
- Carbofer General Trading SA - India
- Sinarmas Energy and Mining - Indonesia
- Bangladesh Power Developement Board
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- Intertek Mineral Services - Indonesia
- India Bulls Power Limited - India
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- Karaikal Port Pvt Ltd - India
- Sical Logistics Limited - India
- Madhucon Powers Ltd - India
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kobexindo Tractors - Indoneisa
- Coalindo Energy - Indonesia
- New Zealand Coal & Carbon
- Iligan Light & Power Inc, Philippines
- Chamber of Mines of South Africa
- GMR Energy Limited - India
- AsiaOL BioFuels Corp., Philippines
- Sree Jayajothi Cements Limited - India
- Rio Tinto Coal - Australia
- Krishnapatnam Port Company Ltd. - India
- European Bulk Services B.V. - Netherlands
- Formosa Plastics Group - Taiwan
- Eastern Energy - Thailand
- Indogreen Group - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Africa Commodities Group - South Africa
- Indian Oil Corporation Limited
- Thai Mozambique Logistica
- Anglo American - United Kingdom
- Cement Manufacturers Association - India
- Eastern Coal Council - USA
- Uttam Galva Steels Limited - India
- Indika Energy - Indonesia
- CNBM International Corporation - China
- Sakthi Sugars Limited - India
- Port Waratah Coal Services - Australia
- Holcim Trading Pte Ltd - Singapore
- Videocon Industries ltd - India
- Global Green Power PLC Corporation, Philippines
- Gujarat Sidhee Cement - India
- Ministry of Finance - Indonesia
- Siam City Cement - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Tata Chemicals Ltd - India
- IHS Mccloskey Coal Group - USA
- Sindya Power Generating Company Private Ltd
- Jorong Barutama Greston.PT - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Bayan Resources Tbk. - Indonesia
- Salva Resources Pvt Ltd - India
- PowerSource Philippines DevCo
- Pipit Mutiara Jaya. PT, Indonesia
- Straits Asia Resources Limited - Singapore
- Bharathi Cement Corporation - India
- Xindia Steels Limited - India
- Latin American Coal - Colombia
- Meenaskhi Energy Private Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Maheswari Brothers Coal Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Rashtriya Ispat Nigam Limited - India
- Goldman Sachs - Singapore
- Ceylon Electricity Board - Sri Lanka
- South Luzon Thermal Energy Corporation
- LBH Netherlands Bv - Netherlands
- Savvy Resources Ltd - HongKong
- Kalimantan Lumbung Energi - Indonesia
- Orica Australia Pty. Ltd.
- Mercator Lines Limited - India
- Petron Corporation, Philippines
- Antam Resourcindo - Indonesia
- Lanco Infratech Ltd - India
- Leighton Contractors Pty Ltd - Australia
- The State Trading Corporation of India Ltd
- Riau Bara Harum - Indonesia
- Medco Energi Mining Internasional
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Aditya Birla Group - India
- Malabar Cements Ltd - India
- Edison Trading Spa - Italy
- Marubeni Corporation - India
- PNOC Exploration Corporation - Philippines
- Ministry of Mines - Canada
- Jaiprakash Power Ventures ltd
- TNB Fuel Sdn Bhd - Malaysia
- Manunggal Multi Energi - Indonesia
- Star Paper Mills Limited - India
- Sarangani Energy Corporation, Philippines
- Electricity Generating Authority of Thailand
- The Treasury - Australian Government
- Deloitte Consulting - India
- Larsen & Toubro Limited - India
- Baramulti Group, Indonesia
- VISA Power Limited - India
- Central Java Power - Indonesia
- Altura Mining Limited, Indonesia
- Heidelberg Cement - Germany
- Toyota Tsusho Corporation, Japan
- Gujarat Electricity Regulatory Commission - India
- Wood Mackenzie - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Trasteel International SA, Italy
- Planning Commission, India
- Merrill Lynch Commodities Europe
- Thiess Contractors Indonesia
- Pendopo Energi Batubara - Indonesia
- Essar Steel Hazira Ltd - India
- Minerals Council of Australia
- Global Coal Blending Company Limited - Australia
- Romanian Commodities Exchange
- GAC Shipping (India) Pvt Ltd
- Cigading International Bulk Terminal - Indonesia
- Borneo Indobara - Indonesia
- White Energy Company Limited
- Gujarat Mineral Development Corp Ltd - India
- Meralco Power Generation, Philippines
- Billiton Holdings Pty Ltd - Australia
- IEA Clean Coal Centre - UK
- Indonesian Coal Mining Association
- Timah Investasi Mineral - Indoneisa
- Sojitz Corporation - Japan
- Miang Besar Coal Terminal - Indonesia
- Metalloyd Limited - United Kingdom
- The University of Queensland
- Economic Council, Georgia
- Samtan Co., Ltd - South Korea
- GVK Power & Infra Limited - India
- Indian Energy Exchange, India
- Globalindo Alam Lestari - Indonesia
- Independent Power Producers Association of India
- Alfred C Toepfer International GmbH - Germany
- Karbindo Abesyapradhi - Indoneisa
- Jindal Steel & Power Ltd - India
- Chettinad Cement Corporation Ltd - India
- Siam City Cement PLC, Thailand
- Bukit Makmur.PT - Indonesia
- Directorate Of Revenue Intelligence - India
- Coastal Gujarat Power Limited - India
- Mercuria Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
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- GN Power Mariveles Coal Plant, Philippines
- Kohat Cement Company Ltd. - Pakistan
- International Coal Ventures Pvt Ltd - India
- ASAPP Information Group - India
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- Parry Sugars Refinery, India
- PetroVietnam Power Coal Import and Supply Company
- Asmin Koalindo Tuhup - Indonesia
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- Australian Commodity Traders Exchange
- Energy Link Ltd, New Zealand
- Kumho Petrochemical, South Korea
- Power Finance Corporation Ltd., India
- Kideco Jaya Agung - Indonesia
- San Jose City I Power Corp, Philippines
- Commonwealth Bank - Australia
- Bhoruka Overseas - Indonesia
- Wilmar Investment Holdings
- TeaM Sual Corporation - Philippines
- Ambuja Cements Ltd - India
- Central Electricity Authority - India
- Tamil Nadu electricity Board
- Orica Mining Services - Indonesia
- Interocean Group of Companies - India
- Makarim & Taira - Indonesia
- Kaltim Prima Coal - Indonesia
- Simpson Spence & Young - Indonesia
- CIMB Investment Bank - Malaysia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Parliament of New Zealand
- Agrawal Coal Company - India
- Aboitiz Power Corporation - Philippines
- Electricity Authority, New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- Grasim Industreis Ltd - India
- Barasentosa Lestari - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Price Waterhouse Coopers - Russia
- Maharashtra Electricity Regulatory Commission - India
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