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Monday, 23 October 23
INDIA COAL INVENTORIES DROP AT FASTEST PACE IN TWO YEARS, BOOSTING IMPORTS - REUTERS
Coal inventories at Indian power plants in the first half of October fell at their fastest rate in two years, an analysis of government data showed, with electricity demand boosting imports as fuel use outpaced supply.
Inventories held by power plants fell by 12.6% to 20.58 million metric tons in the sharpest fortnightly decline since the second half of September 2021. Stocks fell to their lowest level since November 2021.
While India’s power demand typically peaks during May, unusually dry weather and an uptick in economic activity has boosted consumption this month.
Stockpiles fell as coal-fired power generation jumped 33% year on year – much faster than the 21.6% increase seen in September. Utilities faced a 20.4% increase in power demand and a 26.8% decline in hydropower output, data from the federal grid regulator showed.
India also ramped up coal-fired power output to make up for a seasonal decline in generation from renewable sources such as wind and solar, whose share in total output fell to 10.1% in the first half of this month from 12.1% in September, the data showed.
The demand surge was so steep that coal stockpiles at power plants fell despite state-run Coal India, the dominant miner, ramping up supplies to power plants by 6% year on year to 23.5 million tons between Oct 1 and Oct 15.
Higher coal-fired power generation is driving an increase in imports, with India-bound shipments of thermal coal set to increase to 19.35 million tons in October, the highest level since June 2022, data from analytics firm Kpler showed.
There was also a nearly three-fold surge in natural gas-fired power generation in the first half of October to 1,993 million kilowatt-hours (kWh), up from 700 million kWh a year earlier.
Stepped-up buying of seaborne thermal coal and liquefied natural gas by India could boost global benchmark prices, which have also benefited from Chinese demand in recent months.
“Steady coal prices and increased demand ahead of the festive season and after the monsoon are the main factors driving the Indian imports,” a Indian coal trader said.
The power demand spike also resulted in more outages in parts of the country. Average shortages jumped by 33.1% to 19.3 million kWh a day during the first half of October from 14.5 million units in September, the grid regulator data showed.
Power cuts reported by states to the regulator nearly halved during the first nine months of this year but have increased in recent weeks, the data showed.
Source: Reuters
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Friday, 29 July 22
GLOBAL COAL DEMAND IS SET TO RETURN TO ITS ALL-TIME HIGH IN 2022 - IEA
The world’s consumption of coal is set to rise slightly in 2022, taking it back to the record level it reached nearly a decade ago, according ...
Thursday, 28 July 22
CREW FAMILIARISATION IS CRITICAL WHEN TAKING OVER A VESSEL - WEST P&I CLUB
Knowledge to Elevate
When a vessel changes ownership and/or manager, it can take some considerable time before the new crew and mana ...
Thursday, 28 July 22
RETURN OF COAL A THREAT TO EUROPEAN COMPANIES' ESG RATINGS - REUTERS
European companies turning to coal as an alternative to Russian gas face a hit to their environmental, social and governance ratings, leaving them ...
Wednesday, 27 July 22
MARKET INSIGHT - INTERMODAL
Amid the upcoming ban on Russian coal from the EU, which will be in full effect on August 10th, EU nations have been accelerating their coal import ...
Tuesday, 26 July 22
CAP RUSSIA'S OIL PRICE NOW - PROJECT SYNDICATE
Though the price of oil has declined in recent weeks, it is still through the roof, filtering through to gasoline prices, and causing economic and ...
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Showing 271 to 275 news of total 6871 |
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- Kohat Cement Company Ltd. - Pakistan
- Kumho Petrochemical, South Korea
- Therma Luzon, Inc, Philippines
- Vizag Seaport Private Limited - India
- Indo Tambangraya Megah - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Thai Mozambique Logistica
- Semirara Mining Corp, Philippines
- The Treasury - Australian Government
- ICICI Bank Limited - India
- Formosa Plastics Group - Taiwan
- Savvy Resources Ltd - HongKong
- Carbofer General Trading SA - India
- Ministry of Mines - Canada
- Wilmar Investment Holdings
- Dalmia Cement Bharat India
- Africa Commodities Group - South Africa
- GAC Shipping (India) Pvt Ltd
- Baramulti Group, Indonesia
- Tata Chemicals Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- IHS Mccloskey Coal Group - USA
- Electricity Generating Authority of Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- South Luzon Thermal Energy Corporation
- Sinarmas Energy and Mining - Indonesia
- Orica Mining Services - Indonesia
- Karaikal Port Pvt Ltd - India
- Mjunction Services Limited - India
- Banpu Public Company Limited - Thailand
- Binh Thuan Hamico - Vietnam
- SN Aboitiz Power Inc, Philippines
- CIMB Investment Bank - Malaysia
- Heidelberg Cement - Germany
- Deloitte Consulting - India
- MS Steel International - UAE
- Petrochimia International Co. Ltd.- Taiwan
- Sree Jayajothi Cements Limited - India
- Salva Resources Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Rashtriya Ispat Nigam Limited - India
- Star Paper Mills Limited - India
- GVK Power & Infra Limited - India
- Simpson Spence & Young - Indonesia
- Latin American Coal - Colombia
- Bhoruka Overseas - Indonesia
- Manunggal Multi Energi - Indonesia
- Indika Energy - Indonesia
- SMC Global Power, Philippines
- PTC India Limited - India
- Xindia Steels Limited - India
- Petron Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- VISA Power Limited - India
- Mintek Dendrill Indonesia
- Interocean Group of Companies - India
- AsiaOL BioFuels Corp., Philippines
- Commonwealth Bank - Australia
- Kobexindo Tractors - Indoneisa
- PNOC Exploration Corporation - Philippines
- Aboitiz Power Corporation - Philippines
- Posco Energy - South Korea
- Sindya Power Generating Company Private Ltd
- Standard Chartered Bank - UAE
- Ceylon Electricity Board - Sri Lanka
- Indian Energy Exchange, India
- Siam City Cement - Thailand
- Malabar Cements Ltd - India
- Coalindo Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Singapore Mercantile Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- IEA Clean Coal Centre - UK
- Gujarat Sidhee Cement - India
- New Zealand Coal & Carbon
- Alfred C Toepfer International GmbH - Germany
- Sarangani Energy Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Parry Sugars Refinery, India
- San Jose City I Power Corp, Philippines
- Thiess Contractors Indonesia
- Chamber of Mines of South Africa
- Planning Commission, India
- Vedanta Resources Plc - India
- Bharathi Cement Corporation - India
- Independent Power Producers Association of India
- Global Business Power Corporation, Philippines
- Renaissance Capital - South Africa
- Goldman Sachs - Singapore
- Antam Resourcindo - Indonesia
- Jindal Steel & Power Ltd - India
- Gujarat Electricity Regulatory Commission - India
- CNBM International Corporation - China
- Oldendorff Carriers - Singapore
- Cigading International Bulk Terminal - Indonesia
- Kartika Selabumi Mining - Indonesia
- Altura Mining Limited, Indonesia
- Timah Investasi Mineral - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- Ministry of Transport, Egypt
- Borneo Indobara - Indonesia
- SMG Consultants - Indonesia
- Edison Trading Spa - Italy
- Port Waratah Coal Services - Australia
- Bhatia International Limited - India
- Meralco Power Generation, Philippines
- India Bulls Power Limited - India
- Pendopo Energi Batubara - Indonesia
- Globalindo Alam Lestari - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Directorate Of Revenue Intelligence - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- PowerSource Philippines DevCo
- Energy Development Corp, Philippines
- Bhushan Steel Limited - India
- Price Waterhouse Coopers - Russia
- Bangladesh Power Developement Board
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Iligan Light & Power Inc, Philippines
- Anglo American - United Kingdom
- Mercuria Energy - Indonesia
- White Energy Company Limited
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Madhucon Powers Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Global Green Power PLC Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Rio Tinto Coal - Australia
- Essar Steel Hazira Ltd - India
- Romanian Commodities Exchange
- Medco Energi Mining Internasional
- Tamil Nadu electricity Board
- Samtan Co., Ltd - South Korea
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Finance - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Chettinad Cement Corporation Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Bayan Resources Tbk. - Indonesia
- Videocon Industries ltd - India
- Ambuja Cements Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Orica Australia Pty. Ltd.
- Billiton Holdings Pty Ltd - Australia
- GN Power Mariveles Coal Plant, Philippines
- Indogreen Group - Indonesia
- Mercator Lines Limited - India
- Jaiprakash Power Ventures ltd
- Kideco Jaya Agung - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Indian Oil Corporation Limited
- Uttam Galva Steels Limited - India
- Sojitz Corporation - Japan
- Kaltim Prima Coal - Indonesia
- Merrill Lynch Commodities Europe
- Australian Commodity Traders Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Riau Bara Harum - Indonesia
- Electricity Authority, New Zealand
- Toyota Tsusho Corporation, Japan
- Meenaskhi Energy Private Limited - India
- Trasteel International SA, Italy
- GMR Energy Limited - India
- The University of Queensland
- The State Trading Corporation of India Ltd
- Eastern Coal Council - USA
- Economic Council, Georgia
- Agrawal Coal Company - India
- Lanco Infratech Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Intertek Mineral Services - Indonesia
- Central Java Power - Indonesia
- Australian Coal Association
- McConnell Dowell - Australia
- Sical Logistics Limited - India
- Bukit Baiduri Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- TeaM Sual Corporation - Philippines
- ASAPP Information Group - India
- Marubeni Corporation - India
- Coastal Gujarat Power Limited - India
- Larsen & Toubro Limited - India
- LBH Netherlands Bv - Netherlands
- Georgia Ports Authority, United States
- Energy Link Ltd, New Zealand
- Kapuas Tunggal Persada - Indonesia
- Metalloyd Limited - United Kingdom
- Aditya Birla Group - India
- European Bulk Services B.V. - Netherlands
- Global Coal Blending Company Limited - Australia
- Parliament of New Zealand
- Minerals Council of Australia
- Cement Manufacturers Association - India
- International Coal Ventures Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Sakthi Sugars Limited - India
- London Commodity Brokers - England
- Holcim Trading Pte Ltd - Singapore
- Makarim & Taira - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Siam City Cement PLC, Thailand
- Ind-Barath Power Infra Limited - India
- Eastern Energy - Thailand
- Power Finance Corporation Ltd., India
- Miang Besar Coal Terminal - Indonesia
- Grasim Industreis Ltd - India
- Wood Mackenzie - Singapore
- Coal and Oil Company - UAE
- OPG Power Generation Pvt Ltd - India
- Indonesian Coal Mining Association
- Straits Asia Resources Limited - Singapore
- Attock Cement Pakistan Limited
- Central Electricity Authority - India
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