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Tuesday, 21 November 23
INDIAN COAL POWER PLANTS’ CAPACITY UTILISATION WILL IMPROVE TO 65% THIS FISCAL: - CRISIL
Coal-based thermal power units’ plant load factor (PLF) or capacity utilisation will improve to 65 percent in the current fiscal year despite record renewable energy capacity addition, according to Crisil Ratings.
“Healthy PLFs along with lower receivables and encouraging fuel supply will support the credit profiles of private coal-based generating companies (gencos),” Crisil Ratings said in a statement.
The PLFs of coal-based power plants in India will improve to 65 percent this fiscal despite record renewable energy (RE) capacity addition, it added.
Over the past two fiscals, electricity demand witnessed a robust 8-9 percent annual growth, driven by the post-pandemic economic rebound, the agency noted.
During this period, 34 gigawatts (GW) of capacity has been added, with 90 percent of it in RE, the statement said.
In GW terms, this is a 9 percent growth in power capacities, but on normative terms this was only 4-5 percent growth as capacities operate at varying PLFs, and in this incremental supply, coal-based power plants remain an important cog, accounting for 69-71 percent of total power generation because of the intermittent nature of RE with lower PLFs, it added.
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Crisil Ratings Director Ankit Hakhu said, “Power demand is seen growing 5-6 percent, and a part of the incremental requirement will be met by the newly added RE capacities, including 18 GW in wind and solar, the highest ever. That said, a good portion of the incremental generation will be met by existing coal-based power plants”.
This will prove beneficial for thermal PLFs, which are likely to improve by 100 basis points (bps) to over 65 percent in fiscal 2024, as no material coal-based capacity is envisaged in this fiscal and relatively low-capacity addition of hydro, biomass and nuclear, Hakhu said.
Crisil Ratings Team Leader Mithun Vyas said, “Overall, we expect coal-based power plants rated by us to witness over 20 percent on-year rise in cash flow from operations (CFO) this fiscal. Consequently, CFO to total debt for these power plants will improve from 11 percent as on March 31, 2023, to an estimated 15 percent as on March 31, 2024”.
Source: PSU Watch Bureau
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Friday, 23 February 24
STRONG OUTLOOK FOR THE TANKER MARKET IN 2024 AND BEYOND - DNV
Several factors have aligned over the past two years to create a robust and profitable market for tanker owners, which is expected to drive newbuil ...
Friday, 23 February 24
AUSTRALIAN COAL FLOWS TO ASIA HOVER ABOVE LAST YEAR’S VOLUME TONNES - SIGNAL GROUP
In the final days of February, the dry bulk freight market appeared to maintain a relatively stable momentum, particularly evident in the large ves ...
Friday, 23 February 24
RUSSIAN COAL SHIPMENTS FALL 14% AS SANCTIONS BITE - BIMCO
During the first seven weeks of 2024, Russian coal shipments have fallen 14% y/y. Volumes have gradually declined since October 2023 when logistica ...
Thursday, 22 February 24
BIMCO PUBLISHES SHIP FINANCING FORMS TO ENSURE UNINTERRUPTED USE OF SHIPS
BIMCO has published two standard Quiet Enjoyment Letters (QELs), the first standard form QELs available to the industry, to offer a tool that can e ...
Monday, 19 February 24
METALS INVESTMENT: THE DARKEST HOUR IS JUST BEFORE THE DAWN - WOOD MACKENZIE
Things often seem at their worst just before they get better. In terms of meeting our net zero 2050 scenario, we’ve reached a watershed momen ...
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Showing 31 to 35 news of total 6871 |
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- Semirara Mining and Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Toyota Tsusho Corporation, Japan
- PTC India Limited - India
- Gujarat Sidhee Cement - India
- Indo Tambangraya Megah - Indonesia
- Siam City Cement PLC, Thailand
- Madhucon Powers Ltd - India
- Lanco Infratech Ltd - India
- Parliament of New Zealand
- International Coal Ventures Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- GAC Shipping (India) Pvt Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bukit Makmur.PT - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Tata Chemicals Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- VISA Power Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bukit Baiduri Energy - Indonesia
- Aditya Birla Group - India
- Asmin Koalindo Tuhup - Indonesia
- PNOC Exploration Corporation - Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Semirara Mining Corp, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Coastal Gujarat Power Limited - India
- Eastern Coal Council - USA
- GN Power Mariveles Coal Plant, Philippines
- Alfred C Toepfer International GmbH - Germany
- Mercator Lines Limited - India
- Planning Commission, India
- Malabar Cements Ltd - India
- Binh Thuan Hamico - Vietnam
- Essar Steel Hazira Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Altura Mining Limited, Indonesia
- Miang Besar Coal Terminal - Indonesia
- Africa Commodities Group - South Africa
- The Treasury - Australian Government
- Ministry of Finance - Indonesia
- Georgia Ports Authority, United States
- Deloitte Consulting - India
- PowerSource Philippines DevCo
- Electricity Authority, New Zealand
- IHS Mccloskey Coal Group - USA
- Billiton Holdings Pty Ltd - Australia
- Bharathi Cement Corporation - India
- Rio Tinto Coal - Australia
- Kobexindo Tractors - Indoneisa
- Baramulti Group, Indonesia
- The State Trading Corporation of India Ltd
- Ind-Barath Power Infra Limited - India
- OPG Power Generation Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- ICICI Bank Limited - India
- Salva Resources Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Price Waterhouse Coopers - Russia
- European Bulk Services B.V. - Netherlands
- Singapore Mercantile Exchange
- Orica Australia Pty. Ltd.
- Cigading International Bulk Terminal - Indonesia
- Grasim Industreis Ltd - India
- Bhushan Steel Limited - India
- London Commodity Brokers - England
- Central Electricity Authority - India
- Straits Asia Resources Limited - Singapore
- Power Finance Corporation Ltd., India
- Electricity Generating Authority of Thailand
- Australian Coal Association
- Videocon Industries ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Oldendorff Carriers - Singapore
- SN Aboitiz Power Inc, Philippines
- Intertek Mineral Services - Indonesia
- Attock Cement Pakistan Limited
- Sinarmas Energy and Mining - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Sarangani Energy Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Kaltim Prima Coal - Indonesia
- Global Business Power Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Therma Luzon, Inc, Philippines
- Anglo American - United Kingdom
- Vizag Seaport Private Limited - India
- Metalloyd Limited - United Kingdom
- Romanian Commodities Exchange
- Antam Resourcindo - Indonesia
- Star Paper Mills Limited - India
- White Energy Company Limited
- Latin American Coal - Colombia
- New Zealand Coal & Carbon
- Karaikal Port Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Eastern Energy - Thailand
- Kohat Cement Company Ltd. - Pakistan
- Jindal Steel & Power Ltd - India
- Ministry of Mines - Canada
- Meralco Power Generation, Philippines
- Thiess Contractors Indonesia
- Bhatia International Limited - India
- Merrill Lynch Commodities Europe
- Global Green Power PLC Corporation, Philippines
- Xindia Steels Limited - India
- Samtan Co., Ltd - South Korea
- Kapuas Tunggal Persada - Indonesia
- Port Waratah Coal Services - Australia
- Wilmar Investment Holdings
- Wood Mackenzie - Singapore
- McConnell Dowell - Australia
- Australian Commodity Traders Exchange
- Trasteel International SA, Italy
- Kumho Petrochemical, South Korea
- Indika Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- Sojitz Corporation - Japan
- Bayan Resources Tbk. - Indonesia
- IEA Clean Coal Centre - UK
- Dalmia Cement Bharat India
- AsiaOL BioFuels Corp., Philippines
- Chamber of Mines of South Africa
- Gujarat Mineral Development Corp Ltd - India
- LBH Netherlands Bv - Netherlands
- Sindya Power Generating Company Private Ltd
- GVK Power & Infra Limited - India
- Posco Energy - South Korea
- San Jose City I Power Corp, Philippines
- Jaiprakash Power Ventures ltd
- Standard Chartered Bank - UAE
- MS Steel International - UAE
- TeaM Sual Corporation - Philippines
- Marubeni Corporation - India
- Renaissance Capital - South Africa
- Directorate General of MIneral and Coal - Indonesia
- Sical Logistics Limited - India
- Agrawal Coal Company - India
- Mintek Dendrill Indonesia
- Makarim & Taira - Indonesia
- Coalindo Energy - Indonesia
- Medco Energi Mining Internasional
- Formosa Plastics Group - Taiwan
- Manunggal Multi Energi - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Timah Investasi Mineral - Indoneisa
- Goldman Sachs - Singapore
- SMC Global Power, Philippines
- Petron Corporation, Philippines
- Ambuja Cements Ltd - India
- Thai Mozambique Logistica
- Uttam Galva Steels Limited - India
- Central Java Power - Indonesia
- Interocean Group of Companies - India
- CIMB Investment Bank - Malaysia
- Bukit Asam (Persero) Tbk - Indonesia
- Economic Council, Georgia
- Aboitiz Power Corporation - Philippines
- Indian Oil Corporation Limited
- India Bulls Power Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Globalindo Alam Lestari - Indonesia
- Coal and Oil Company - UAE
- Larsen & Toubro Limited - India
- Simpson Spence & Young - Indonesia
- Energy Development Corp, Philippines
- Kideco Jaya Agung - Indonesia
- Ministry of Transport, Egypt
- ASAPP Information Group - India
- SMG Consultants - Indonesia
- Iligan Light & Power Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Vijayanagar Sugar Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Bhoruka Overseas - Indonesia
- Barasentosa Lestari - Indonesia
- Global Coal Blending Company Limited - Australia
- Parry Sugars Refinery, India
- Carbofer General Trading SA - India
- Mercuria Energy - Indonesia
- Tamil Nadu electricity Board
- The University of Queensland
- Pendopo Energi Batubara - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Leighton Contractors Pty Ltd - Australia
- Independent Power Producers Association of India
- Maharashtra Electricity Regulatory Commission - India
- Orica Mining Services - Indonesia
- Riau Bara Harum - Indonesia
- Cement Manufacturers Association - India
- Petrochimia International Co. Ltd.- Taiwan
- GMR Energy Limited - India
- Heidelberg Cement - Germany
- Siam City Cement - Thailand
- PetroVietnam Power Coal Import and Supply Company
- Savvy Resources Ltd - HongKong
- Bangladesh Power Developement Board
- Commonwealth Bank - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sakthi Sugars Limited - India
- Vedanta Resources Plc - India
- Mjunction Services Limited - India
- CNBM International Corporation - China
- Edison Trading Spa - Italy
- Borneo Indobara - Indonesia
- Directorate Of Revenue Intelligence - India
- Sree Jayajothi Cements Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Energy Link Ltd, New Zealand
- Indian Energy Exchange, India
- Indogreen Group - Indonesia
- Indonesian Coal Mining Association
- Minerals Council of Australia
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