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Tuesday, 14 November 23
COAL INDIA BEATS Q2 PROFIT VIEW ON HIGH POWER DEMAND AMID WEAK MONSOON - REUTERS
Coal India on Friday reported better-than-expected second-quarter profit, helped by high power demand and boosted production amid a weak monsoon.
The state-run miner posted a consolidated net profit of 68 billion rupees ($816.3 million) for the quarter ended Sept. 30, up 12.5% from last year.
It also beat analysts’ estimate of 63.70 billion rupees, as per LSEG data.
Power demand in India, which usually peaks in May due to extreme summer heat, remained high in the reporting quarter due to unusually dry weather and higher economic activity, amid a drop in hydroelectric output.
The country’s power demand hit a high of 241 gigwatts (GW) in the second quarter, surpassing the Central Electricity Authority’s target of 230 GW for fiscal 2024 as hydropower generation fell 11% due to reduced rainfall caused by El Nino, Elara Capital said in a note.
Thermal power – derived from burning fuels such as coal – had to fill the gap as nearly 75% of India’s power generation comes from the fossil fuel.
Coal India’s revenue grew 9.8% to 327.76 billion rupees, also beating the estimates, as production of raw coal jumped 13.1%. Analysts had expected a revenue of 323.66 billion rupees.
Total expenses grew 9.4% to 260 billion rupeeson the back of higher employee and contractual expenses. However, its raw materials cost fell 15.1%.
The company also declared its first interim dividend of 15.25 rupees per share for the ongoing financial year.
In May, Coal India had raised prices of non-coking coal by 8% for high grades, which it said would add an extra revenue of 27.03 billion rupees in the balance of the fiscal.
Source: Reuters
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Wednesday, 06 March 19
KOREA SOUTHERN POWER CO INVITES BIDS FOR 980,000 MT OF 4600 NCV COAL FOR THREE YEARS
COALspot.com: South Korea state-owned utility Korea Southern Power Co. Ltd (KOSPO) issued a tender for 320,000 MT of min 4,600 kcal/kg NCV low calo ...
Wednesday, 06 March 19
SHIPPING MARKET INSIGHT - INERMODAL
In a downward moving market, softer SnP activity is usually a given, as the gap between Sellers’ and Buyers’ ideas widens, especially w ...
Saturday, 02 March 19
A 60,500-TONNER WAS BOOKED DELIVERY SINGAPORE, VIA INDONESIA, REDELIVERY WEST COAST INDIA, AT $11,250 - BALTIC BRIEFING
Capesize
Vale’s ongoing absence from the Brazil spot market continued to have a negative impact on sentiment, with rates falling in all a ...
Thursday, 28 February 19
COAL'S PERFECT STORM HITS $70 BILLION AUSTRALIAN PROJECTS - BLOOMBERG
It’s been a tough few weeks for our coal industry.
First there was a court ruling blocking a new mine on climate change ground ...
Wednesday, 27 February 19
SHIPPING MARKET INSIGHT - INTERMODAL
With the IMO 2020 approaching, it becomes challenging for the market to accurately explore the run-up to the deadline given that marine fuel-oil of ...
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Showing 1431 to 1435 news of total 6846 |
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- Straits Asia Resources Limited - Singapore
- Thai Mozambique Logistica
- Sinarmas Energy and Mining - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Medco Energi Mining Internasional
- Bukit Asam (Persero) Tbk - Indonesia
- Bhoruka Overseas - Indonesia
- Ministry of Transport, Egypt
- Indo Tambangraya Megah - Indonesia
- South Luzon Thermal Energy Corporation
- Mercuria Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Manunggal Multi Energi - Indonesia
- Energy Link Ltd, New Zealand
- Minerals Council of Australia
- Binh Thuan Hamico - Vietnam
- Jindal Steel & Power Ltd - India
- Agrawal Coal Company - India
- Cigading International Bulk Terminal - Indonesia
- Kartika Selabumi Mining - Indonesia
- Planning Commission, India
- Iligan Light & Power Inc, Philippines
- Jaiprakash Power Ventures ltd
- CNBM International Corporation - China
- MS Steel International - UAE
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Wood Mackenzie - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Energy Development Corp, Philippines
- Timah Investasi Mineral - Indoneisa
- Interocean Group of Companies - India
- Goldman Sachs - Singapore
- McConnell Dowell - Australia
- LBH Netherlands Bv - Netherlands
- Star Paper Mills Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Barasentosa Lestari - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Semirara Mining and Power Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Electricity Authority, New Zealand
- Chettinad Cement Corporation Ltd - India
- Trasteel International SA, Italy
- Tata Chemicals Ltd - India
- GVK Power & Infra Limited - India
- Global Green Power PLC Corporation, Philippines
- Altura Mining Limited, Indonesia
- Economic Council, Georgia
- Karaikal Port Pvt Ltd - India
- Aditya Birla Group - India
- Mercator Lines Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Commonwealth Bank - Australia
- Baramulti Group, Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Sojitz Corporation - Japan
- Wilmar Investment Holdings
- San Jose City I Power Corp, Philippines
- GAC Shipping (India) Pvt Ltd
- Riau Bara Harum - Indonesia
- Bhushan Steel Limited - India
- Vizag Seaport Private Limited - India
- Singapore Mercantile Exchange
- India Bulls Power Limited - India
- Port Waratah Coal Services - Australia
- Bulk Trading Sa - Switzerland
- Siam City Cement - Thailand
- International Coal Ventures Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- The University of Queensland
- Bukit Makmur.PT - Indonesia
- Chamber of Mines of South Africa
- Bhatia International Limited - India
- PowerSource Philippines DevCo
- Offshore Bulk Terminal Pte Ltd, Singapore
- Deloitte Consulting - India
- Parry Sugars Refinery, India
- Carbofer General Trading SA - India
- Cement Manufacturers Association - India
- Madhucon Powers Ltd - India
- Siam City Cement PLC, Thailand
- Larsen & Toubro Limited - India
- Gujarat Sidhee Cement - India
- AsiaOL BioFuels Corp., Philippines
- Edison Trading Spa - Italy
- Simpson Spence & Young - Indonesia
- New Zealand Coal & Carbon
- Anglo American - United Kingdom
- Jorong Barutama Greston.PT - Indonesia
- Meenaskhi Energy Private Limited - India
- Formosa Plastics Group - Taiwan
- Billiton Holdings Pty Ltd - Australia
- Sakthi Sugars Limited - India
- IEA Clean Coal Centre - UK
- Eastern Energy - Thailand
- Directorate Of Revenue Intelligence - India
- PetroVietnam Power Coal Import and Supply Company
- VISA Power Limited - India
- Kumho Petrochemical, South Korea
- Renaissance Capital - South Africa
- Pipit Mutiara Jaya. PT, Indonesia
- Parliament of New Zealand
- Samtan Co., Ltd - South Korea
- Bharathi Cement Corporation - India
- Essar Steel Hazira Ltd - India
- PNOC Exploration Corporation - Philippines
- Ind-Barath Power Infra Limited - India
- Ministry of Finance - Indonesia
- PTC India Limited - India
- Semirara Mining Corp, Philippines
- Australian Commodity Traders Exchange
- Indika Energy - Indonesia
- Tamil Nadu electricity Board
- Salva Resources Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Independent Power Producers Association of India
- Ambuja Cements Ltd - India
- Power Finance Corporation Ltd., India
- Indian Oil Corporation Limited
- Georgia Ports Authority, United States
- Australian Coal Association
- Standard Chartered Bank - UAE
- Aboitiz Power Corporation - Philippines
- ICICI Bank Limited - India
- ASAPP Information Group - India
- Merrill Lynch Commodities Europe
- Savvy Resources Ltd - HongKong
- Pendopo Energi Batubara - Indonesia
- Therma Luzon, Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Thiess Contractors Indonesia
- Banpu Public Company Limited - Thailand
- Coastal Gujarat Power Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Marubeni Corporation - India
- Sical Logistics Limited - India
- Maheswari Brothers Coal Limited - India
- The State Trading Corporation of India Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Videocon Industries ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Dalmia Cement Bharat India
- Leighton Contractors Pty Ltd - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Globalindo Alam Lestari - Indonesia
- Heidelberg Cement - Germany
- Bukit Baiduri Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- Rashtriya Ispat Nigam Limited - India
- Kideco Jaya Agung - Indonesia
- Mjunction Services Limited - India
- Ministry of Mines - Canada
- Oldendorff Carriers - Singapore
- White Energy Company Limited
- Coalindo Energy - Indonesia
- Intertek Mineral Services - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Karbindo Abesyapradhi - Indoneisa
- Miang Besar Coal Terminal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Petron Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Mintek Dendrill Indonesia
- Orica Mining Services - Indonesia
- IHS Mccloskey Coal Group - USA
- Holcim Trading Pte Ltd - Singapore
- Meralco Power Generation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Makarim & Taira - Indonesia
- OPG Power Generation Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Sarangani Energy Corporation, Philippines
- Central Java Power - Indonesia
- Central Electricity Authority - India
- Rio Tinto Coal - Australia
- Lanco Infratech Ltd - India
- TeaM Sual Corporation - Philippines
- SMG Consultants - Indonesia
- Price Waterhouse Coopers - Russia
- SN Aboitiz Power Inc, Philippines
- CIMB Investment Bank - Malaysia
- Sindya Power Generating Company Private Ltd
- Indonesian Coal Mining Association
- Toyota Tsusho Corporation, Japan
- Global Business Power Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Kaltim Prima Coal - Indonesia
- London Commodity Brokers - England
- European Bulk Services B.V. - Netherlands
- Bayan Resources Tbk. - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Eastern Coal Council - USA
- Electricity Generating Authority of Thailand
- Borneo Indobara - Indonesia
- Xindia Steels Limited - India
- GMR Energy Limited - India
- Vedanta Resources Plc - India
- Grasim Industreis Ltd - India
- Latin American Coal - Colombia
- The Treasury - Australian Government
- Indogreen Group - Indonesia
- Africa Commodities Group - South Africa
- Posco Energy - South Korea
- Indian Energy Exchange, India
- Antam Resourcindo - Indonesia
- SMC Global Power, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Sree Jayajothi Cements Limited - India
- Bangladesh Power Developement Board
- Uttam Galva Steels Limited - India
- Malabar Cements Ltd - India
- Attock Cement Pakistan Limited
- Romanian Commodities Exchange
- Coal and Oil Company - UAE
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