We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Saturday, 15 October 11
BENGAL COAL IMPORT TEST - THE TELEGRAPH
 The Telegraph reported that, the power position in Bengal improved today but alarm bells are ringing over imported coal stocks that are running out fast.
Telegraph further reported, “The stock of imported coal will exhaust by the end of this month,” said Krishna Gupta, the managing director of the West Bengal Power Development Corporation Ltd (WBPDCL), the largest electricity supplier in the state.
The corporation had last year imported 1.2 million tonnes of coal from Indonesia.
“We will come up with a fresh tender to import 1.5 million tonnes of coal by the end of this month or early November,” Gupta added.
He did not say why the corporation waited till the eleventh hour for floating the tender. Between tendering and the arrival of the consignment, a time lag of at least a month is expected.
However, a government official said the corporation appeared to have waited because the new state government did not give the green signal to raise tariffs.
The price of the Indonesian variety that the corporation imports rules at Rs 4,500 per tonne. The utility will need least Rs 675 crore for the quantity it is planning to import.
Hand-wringing over whether the cash-strapped state government, the sole owner of the power utility, will dole out the money appeared to have held back the company till now. The new government had restricted the company from filing a petition with the regulator for revising the tariff.
The 1.5 million tonnes on the import wish list do not account for more than 8 per cent of the total requirement but when the barrel is being scraped, every tonne counts.
“We have to go in for imports because the current stocks will last only a month or so. The improvement in supply from Coal India over the last couple of days is temporary. Coal India will ask for money after a week to supply more,” Gupta said. He discounted the possibility of market borrowing. “Who will give us money looking at our current balance sheet?”
Another official said: “Till August, we thought that we would be allowed to file the petition for the tariff revision. But that didn’t happen. Tendering is a simple process and it can take a month to get the coal imported. The bigger question is the money.”
The supply of coal from captive mines is also dwindling. Bengal EMTA, a joint venture, is supplying only two to three rakes a day. One rake packs around 3,500 tonnes.
The corporation requires 55,000 tonnes (or 16 rakes) of coal a day. In other words, supply from the captive mines now accounts for only 12-13 per cent of its requirement. “Our biggest captive coal blocks, Tara (East) and Tara (West), are old and hence output is coming down,” Gupta said.
As a consequence, the corporation’s dependence on Coal India has increased to 75 per cent now from 55 per cent.
The power shortfall in the districts today was 325MW, around 400MW less than yesterday. The supply went up because of the arrival of more rakes of coal and flow from the national grid.
Source: The Telegraph (By: Srikumar Bondyopadhyay)
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Saturday, 15 October 11
BUNKER PRICES AND DEMANDS PUSHED FREIGHT RATES UP - VISTAAR
COALspot.com - The market continued to be firm with all segments moving up with biggest gain in Handy size segment up by 15 pct. The BDI was u ...
Friday, 14 October 11
CAPE DERIVATIVES MARKET HAS NOT REFLECTED OWNERS EXPECTATIONS' - FEARNBULK
Handy
The Atlantic market continued its upward trend, with fresh cargo entering the market. Skaw Passero to US Gulf climbed US$ 1500 from la ...
Friday, 14 October 11
ADARO BUYS SERVO MEDA FOR RP200 BIO - INSIDER STORIES
Insider Stories reported that, PT Adaro Energy Tbk (ADRO) announced that its subsidiary PT Alam Tri Abadi (ATI), acquired 35% stake in PT Serv ...
Thursday, 13 October 11
DRY BULK MARKETS RALLY CONTINUES, BUT ANALYSTS WARN IT WILL BE SHORTLIVED - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market continued its push forward yesterday, for yet another session, as the BDI (Baltic Dry Index), the industry’s benchmark edg ...
Wednesday, 12 October 11
INDONESIAS COAL RUSH - JOSEPH KIRSCHKE
COALspot.com - Last winter, the Chinese government mobilized thousands of soldiers and reservists of the People’s Liberation Army to the port ...
|
|
|
Showing 5031 to 5035 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Kapuas Tunggal Persada - Indonesia
- Larsen & Toubro Limited - India
- Asmin Koalindo Tuhup - Indonesia
- GMR Energy Limited - India
- Meralco Power Generation, Philippines
- GVK Power & Infra Limited - India
- Eastern Coal Council - USA
- Savvy Resources Ltd - HongKong
- Uttam Galva Steels Limited - India
- Intertek Mineral Services - Indonesia
- The University of Queensland
- Bahari Cakrawala Sebuku - Indonesia
- Barasentosa Lestari - Indonesia
- Mercator Lines Limited - India
- Borneo Indobara - Indonesia
- Samtan Co., Ltd - South Korea
- Australian Coal Association
- Coal and Oil Company - UAE
- Neyveli Lignite Corporation Ltd, - India
- Indo Tambangraya Megah - Indonesia
- Global Coal Blending Company Limited - Australia
- Antam Resourcindo - Indonesia
- South Luzon Thermal Energy Corporation
- Aditya Birla Group - India
- Eastern Energy - Thailand
- European Bulk Services B.V. - Netherlands
- IHS Mccloskey Coal Group - USA
- Formosa Plastics Group - Taiwan
- Ambuja Cements Ltd - India
- Kideco Jaya Agung - Indonesia
- Parry Sugars Refinery, India
- Altura Mining Limited, Indonesia
- Oldendorff Carriers - Singapore
- Manunggal Multi Energi - Indonesia
- PTC India Limited - India
- Ministry of Finance - Indonesia
- Attock Cement Pakistan Limited
- Indian Oil Corporation Limited
- Carbofer General Trading SA - India
- Port Waratah Coal Services - Australia
- Meenaskhi Energy Private Limited - India
- Holcim Trading Pte Ltd - Singapore
- Coalindo Energy - Indonesia
- Kumho Petrochemical, South Korea
- Gujarat Sidhee Cement - India
- Directorate Of Revenue Intelligence - India
- Bukit Makmur.PT - Indonesia
- Power Finance Corporation Ltd., India
- Dalmia Cement Bharat India
- Alfred C Toepfer International GmbH - Germany
- Commonwealth Bank - Australia
- Ministry of Mines - Canada
- Kalimantan Lumbung Energi - Indonesia
- Thai Mozambique Logistica
- Mjunction Services Limited - India
- SMG Consultants - Indonesia
- Central Java Power - Indonesia
- Makarim & Taira - Indonesia
- Interocean Group of Companies - India
- Wilmar Investment Holdings
- Pendopo Energi Batubara - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Tata Chemicals Ltd - India
- Vizag Seaport Private Limited - India
- Deloitte Consulting - India
- Electricity Generating Authority of Thailand
- Jindal Steel & Power Ltd - India
- Rashtriya Ispat Nigam Limited - India
- International Coal Ventures Pvt Ltd - India
- Star Paper Mills Limited - India
- Price Waterhouse Coopers - Russia
- TNB Fuel Sdn Bhd - Malaysia
- Kaltim Prima Coal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Chamber of Mines of South Africa
- Edison Trading Spa - Italy
- Africa Commodities Group - South Africa
- Sinarmas Energy and Mining - Indonesia
- Indogreen Group - Indonesia
- Madhucon Powers Ltd - India
- Mercuria Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- London Commodity Brokers - England
- Straits Asia Resources Limited - Singapore
- Central Electricity Authority - India
- India Bulls Power Limited - India
- Banpu Public Company Limited - Thailand
- Jorong Barutama Greston.PT - Indonesia
- Marubeni Corporation - India
- Bhatia International Limited - India
- Goldman Sachs - Singapore
- OPG Power Generation Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Metalloyd Limited - United Kingdom
- The State Trading Corporation of India Ltd
- Renaissance Capital - South Africa
- Thiess Contractors Indonesia
- McConnell Dowell - Australia
- Independent Power Producers Association of India
- Sakthi Sugars Limited - India
- Indian Energy Exchange, India
- Cigading International Bulk Terminal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- MS Steel International - UAE
- Anglo American - United Kingdom
- Karbindo Abesyapradhi - Indoneisa
- PetroVietnam Power Coal Import and Supply Company
- Rio Tinto Coal - Australia
- Ministry of Transport, Egypt
- Sojitz Corporation - Japan
- Ind-Barath Power Infra Limited - India
- Mintek Dendrill Indonesia
- Ceylon Electricity Board - Sri Lanka
- Maheswari Brothers Coal Limited - India
- Videocon Industries ltd - India
- Aboitiz Power Corporation - Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Planning Commission, India
- Romanian Commodities Exchange
- Xindia Steels Limited - India
- Chettinad Cement Corporation Ltd - India
- Global Business Power Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Medco Energi Mining Internasional
- TeaM Sual Corporation - Philippines
- Iligan Light & Power Inc, Philippines
- Sical Logistics Limited - India
- New Zealand Coal & Carbon
- Simpson Spence & Young - Indonesia
- Agrawal Coal Company - India
- Sarangani Energy Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kobexindo Tractors - Indoneisa
- ASAPP Information Group - India
- CIMB Investment Bank - Malaysia
- The Treasury - Australian Government
- Cement Manufacturers Association - India
- Semirara Mining and Power Corporation, Philippines
- Latin American Coal - Colombia
- Heidelberg Cement - Germany
- Indika Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- Bulk Trading Sa - Switzerland
- Lanco Infratech Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- SMC Global Power, Philippines
- Baramulti Group, Indonesia
- Energy Link Ltd, New Zealand
- Minerals Council of Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- San Jose City I Power Corp, Philippines
- Energy Development Corp, Philippines
- Bangladesh Power Developement Board
- Pipit Mutiara Jaya. PT, Indonesia
- Semirara Mining Corp, Philippines
- Petron Corporation, Philippines
- White Energy Company Limited
- Parliament of New Zealand
- Merrill Lynch Commodities Europe
- GN Power Mariveles Coal Plant, Philippines
- Miang Besar Coal Terminal - Indonesia
- Standard Chartered Bank - UAE
- LBH Netherlands Bv - Netherlands
- CNBM International Corporation - China
- Bukit Asam (Persero) Tbk - Indonesia
- Bharathi Cement Corporation - India
- Posco Energy - South Korea
- Petrochimia International Co. Ltd.- Taiwan
- Binh Thuan Hamico - Vietnam
- Bukit Baiduri Energy - Indonesia
- Grasim Industreis Ltd - India
- Singapore Mercantile Exchange
- Kartika Selabumi Mining - Indonesia
- Electricity Authority, New Zealand
- Globalindo Alam Lestari - Indonesia
- Malabar Cements Ltd - India
- Bhoruka Overseas - Indonesia
- Sree Jayajothi Cements Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Siam City Cement - Thailand
- Coastal Gujarat Power Limited - India
- Orica Australia Pty. Ltd.
- Orica Mining Services - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Georgia Ports Authority, United States
- Salva Resources Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Billiton Holdings Pty Ltd - Australia
- PNOC Exploration Corporation - Philippines
- Bhushan Steel Limited - India
- Karaikal Port Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Siam City Cement PLC, Thailand
- Global Green Power PLC Corporation, Philippines
- Australian Commodity Traders Exchange
- Indonesian Coal Mining Association
- Vedanta Resources Plc - India
- Trasteel International SA, Italy
- ICICI Bank Limited - India
- Bayan Resources Tbk. - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Tamil Nadu electricity Board
- Kepco SPC Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- SN Aboitiz Power Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Jaiprakash Power Ventures ltd
- Wood Mackenzie - Singapore
- PowerSource Philippines DevCo
- Toyota Tsusho Corporation, Japan
- Riau Bara Harum - Indonesia
- Essar Steel Hazira Ltd - India
- Economic Council, Georgia
- VISA Power Limited - India
|
| |
| |
|
