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Monday, 21 July 14
25% OF INDIA'S POWER PLANTS WERE HAVING SUPER CRITICAL COAL STOCK - COAL AND POWER MINISTER
 25% of India’s power plants were having super critical coal stock; power utilities have also been advised to enhance the import of coal - Coal and Power Minister
One fourth of the 100 coal-based power plants monitored by CEA are reeling under acute coal shortage with stocks to last less than four days, Coal and Power Minister Piyush Goyal said today, quoted by PTI.
According to PTI report, "Out of 100 coal-based power plants monitored by Central Electricity Authority (CEA), 44 power plants were having critical coal stock of less than seven days requirement, out of which 25 power plants were having super critical coal stock of less than four days requirement," Goyal said in a written reply in Rajya Sabha.
Out of the 25 thermal power plants (TPP) having super critical stock, four each are in states like Chhattisgarh, Madhya Pradesh, Maharashtra and Andhra Pradesh, three in Uttar Pradesh among others.
During the current year (April to June) the coal materialization to the power sector has been 87 percent, the minister said, adding that that shortage of supplies was on account of less supply of wagons and transportation constraints, PTI further reported.
In order to view the coal supplies to power sector, an inter-ministerial sub group has been formed which has representatives from the three ministries coal, power and Railways.
"The sub-group takes various operational decisions for meeting the contingent situations relating to the power sector, including coal stock position," Goyal said.
He said that in order to ensure adequate availability of coal for the power sector, Coal India (CIL) has been asked to enhance domestic coal production and power utilities have also been advised to enhance the import of fossil fuel.
"The target of e-auction of coal has been reduced to 25 MT and the balance diverted to the power sector," he said.
Further, CIL has offered all power generating companies drawing coal under fuel supply agreements, to lift coal on "as is where is" basis with stipulation that they will make their own evacuation arrangement. The scheme, which was earlier implemented by the coal companies, has been extended for the current fiscal also.
"A new inter-ministerial task force has been constituted to undertake a comprehensive review of existing coal sources and to consider feasibility for rationalization of the sources with the view to optimizing transportation cost," the minister said.
The government has taken various steps to ensure time-bound production which include efforts to expedite environment and forest clearances.
"Steps have been taken by Coal India Ltd and its subsidiaries to augment coal production which includes capacity addition from new projects and use of mass production technologies," Goyal said.
Source: PTI
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Tuesday, 22 July 14
INDONESIA'S MINERAL EXPORT BAN: CHINA UNDER PRESSURE? - CLARKSONS
In January 2014, Indonesia introduced new regulations on exports of unprocessed minerals. Exports of some minerals have been heavily taxed, whilst ...
Tuesday, 22 July 14
ASIAN SUB-BITUMINOUS COAL USERS' GROUP CONFERENCE
Press Release: Registration Open for Fourth Annual Asian Sub-Bituminous Coal Users’ Group Conference
Register today for this year&r ...
Monday, 21 July 14
INDONESIA'S STATE CONTROLLED COAL MINER BUKIT ASAM ENJOYED HIGHER SELLING PRICE DURING THIS STORMY MARKET
COALspot.com: PT Bukit Asam, the Indonesian government controlled coal miner announced today that, the company has produced 7.70 million tons of co ...
Monday, 21 July 14
CFR SOUTH CHINA COAL Q3 DELIVERY SWAPS LOST 16% SINCE JANUARY 17, 2014
COALspot.com: Coal price falling is continues as the impact oversupply and lower demand. Market is not showing any positive trend in near future.
...
Sunday, 20 July 14
THE FREIGHT MARKET CONTINUED ITS DOWNWARD TREND
COALspot.com: The market continued its downward trend this week as all segments were down compared to last week. The Cape and Panamax indices being ...
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- GN Power Mariveles Coal Plant, Philippines
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- Indonesian Coal Mining Association
- The University of Queensland
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- Australian Coal Association
- Kumho Petrochemical, South Korea
- Formosa Plastics Group - Taiwan
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- Metalloyd Limited - United Kingdom
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- Indian Energy Exchange, India
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Jaiprakash Power Ventures ltd
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- McConnell Dowell - Australia
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- Coalindo Energy - Indonesia
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- SMG Consultants - Indonesia
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Central Electricity Authority - India
- Directorate Of Revenue Intelligence - India
- MS Steel International - UAE
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- IEA Clean Coal Centre - UK
- Thiess Contractors Indonesia
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- Edison Trading Spa - Italy
- Ind-Barath Power Infra Limited - India
- Sical Logistics Limited - India
- Energy Link Ltd, New Zealand
- CNBM International Corporation - China
- Alfred C Toepfer International GmbH - Germany
- Global Green Power PLC Corporation, Philippines
- Orica Mining Services - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Interocean Group of Companies - India
- Standard Chartered Bank - UAE
- Parliament of New Zealand
- Cement Manufacturers Association - India
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- Africa Commodities Group - South Africa
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- London Commodity Brokers - England
- Vizag Seaport Private Limited - India
- Electricity Authority, New Zealand
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- Goldman Sachs - Singapore
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- GAC Shipping (India) Pvt Ltd
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- Salva Resources Pvt Ltd - India
- GMR Energy Limited - India
- White Energy Company Limited
- Economic Council, Georgia
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- Gujarat Mineral Development Corp Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Chamber of Mines of South Africa
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- Star Paper Mills Limited - India
- Indogreen Group - Indonesia
- Binh Thuan Hamico - Vietnam
- Bangladesh Power Developement Board
- Port Waratah Coal Services - Australia
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- India Bulls Power Limited - India
- Sindya Power Generating Company Private Ltd
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- PowerSource Philippines DevCo
- Bukit Baiduri Energy - Indonesia
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- Ministry of Finance - Indonesia
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- SMC Global Power, Philippines
- The Treasury - Australian Government
- Merrill Lynch Commodities Europe
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- Meenaskhi Energy Private Limited - India
- TNB Fuel Sdn Bhd - Malaysia
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