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Friday, 17 October 14
INTERNATIONAL COAL PRICES ARE AT LOWEST LEVEL; COAL STOCKS AT INDIAN POWER PLANTS ARE ALSO AT LOWEST LEVEL
International coal prices as well as coal freights are falling and reaching to its lowest levels. According to PTI, fuel stockpiles at the thermal power stations hit a new low in 25 years at 7.2 million tonnes, as Coal India and its subsidiaries failed to meet their production targets, as per latest official data.
According to latest data (October 13) by the Central Electricity Authority, total fuel stocks at 103 coal-based stations have come down to 7.2 million tonnes. This 7.2 million tonnes comprise 6.58 million tonnes of indigenous coal and 706 tonnes of imported fuel, PTI said.
"This is the lowest in 25 years. The last time it hit a low was in 2010 when it was 7.8 million tonnes," an official in the Ministry of Power told PTI.
"Coal India's production is not in line with the demand of the power sector and its subsidiaries NCL (Northern Coalfields Ltd), (Central Coalfields Ltd) etc are not producing coal as per their respective targets," the official said when asked about the reason for low stock piles.
According to PTI report, as many as 61 thermal power stations are grappling with critical coal shortage with less than a week's stock at their disposal. The country's largest thermal power producer NTPC is battling with 0-1 day of stocks at some of its plants.
The company's generating stations with nil stocks include Indira Gandhi thermal plant in Haryana, Rihand, Singrauli and Tanda in Uttar Pradesh and Vindhayachal in Madhya Pradesh, CEA data said.
According to the official, NTPC is generating lesser than full capacity at some of these power plants.
Of the 61 plants with less than seven days of fuel stocks left, 36 stations are reeling under acute shortage with less than four days of stockpiles at their disposal.
Asked when the situation will improve, the official said that it could be in a couple of weeks because of improvement in weather. The power demand will come down as winters are approaching and this will reduce the impact of low stocks, as quoted by PTI.
He added that the real solution lay with the Coal India which will have to meet its production targets and increase its capacity.
CEA, the techno-economic clearance body under the Ministry of Power, is also engaged in setting generation targets and other milestones for the power utilities.
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Thursday, 13 November 14
MODERN DRY BULK SHIPS' PRICES START FIRMING UP - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
While the main story of the past few weeks has been the rebound of the dry bulk market, which has been a result of increased Chinese iron ore impor ...
Wednesday, 12 November 14
PANAMAX: WITNESSED A FAIRLY STABLE MARKET IN THE ATLANTIC
COALspot.com: Despite the fact that the Dry Bulk market noted another weekly increase, clouds of uncertainty returned mid-week onwards, as the mini ...
Wednesday, 12 November 14
SHIPPING MARKET INSIGHT - CHRISTOPHER T. WHITTY
COALspot.com: The fight continues between the low-cost iron ore producers and the big three: Vale, Rio Tinto and BHP Billiton. We are moving into a ...
Tuesday, 11 November 14
FACING CHALLENGES AND MEETING OPPORTUNITIES - INTERNATIONAL EPC CONFERENCE & EXHIBITION
Press Release: SKYCONNECTION and TRANSEVENT, which is fully supported by the Institution of Engineers Indonesia and Ministry of Industry of the Rep ...
Tuesday, 11 November 14
NEWCASTLE COAL SWAP CLOSED AT $ 52.65 FOR Q1' 15 DELIVERY
COALspot.com: API 5 FOB Newcastle Coal swap for Q1’ 2015 delivery decreased US$ 2.83 (-5.10%) month over month and US$ 1.35 (-2.50%) week ove ...
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- Globalindo Alam Lestari - Indonesia
- Tamil Nadu electricity Board
- Formosa Plastics Group - Taiwan
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- Siam City Cement - Thailand
- Aboitiz Power Corporation - Philippines
- The University of Queensland
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- Australian Coal Association
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- Ministry of Transport, Egypt
- Energy Development Corp, Philippines
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- Sical Logistics Limited - India
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- Edison Trading Spa - Italy
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- OPG Power Generation Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Economic Council, Georgia
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- Semirara Mining and Power Corporation, Philippines
- Mintek Dendrill Indonesia
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- Eastern Coal Council - USA
- Bahari Cakrawala Sebuku - Indonesia
- ASAPP Information Group - India
- GAC Shipping (India) Pvt Ltd
- Deloitte Consulting - India
- Dalmia Cement Bharat India
- Sojitz Corporation - Japan
- Sree Jayajothi Cements Limited - India
- Karbindo Abesyapradhi - Indoneisa
- India Bulls Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- SMC Global Power, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
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- Georgia Ports Authority, United States
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- Petron Corporation, Philippines
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- Gujarat Electricity Regulatory Commission - India
- Bukit Asam (Persero) Tbk - Indonesia
- Coalindo Energy - Indonesia
- Anglo American - United Kingdom
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ministry of Mines - Canada
- Meralco Power Generation, Philippines
- Merrill Lynch Commodities Europe
- Altura Mining Limited, Indonesia
- CNBM International Corporation - China
- Interocean Group of Companies - India
- Samtan Co., Ltd - South Korea
- Miang Besar Coal Terminal - Indonesia
- Meenaskhi Energy Private Limited - India
- The State Trading Corporation of India Ltd
- Neyveli Lignite Corporation Ltd, - India
- Malabar Cements Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Kepco SPC Power Corporation, Philippines
- Jindal Steel & Power Ltd - India
- White Energy Company Limited
- Wilmar Investment Holdings
- Aditya Birla Group - India
- Commonwealth Bank - Australia
- Baramulti Group, Indonesia
- Kapuas Tunggal Persada - Indonesia
- Therma Luzon, Inc, Philippines
- Videocon Industries ltd - India
- Binh Thuan Hamico - Vietnam
- Bharathi Cement Corporation - India
- Ind-Barath Power Infra Limited - India
- Sarangani Energy Corporation, Philippines
- Eastern Energy - Thailand
- Goldman Sachs - Singapore
- Planning Commission, India
- ICICI Bank Limited - India
- Bayan Resources Tbk. - Indonesia
- Australian Commodity Traders Exchange
- Wood Mackenzie - Singapore
- Kartika Selabumi Mining - Indonesia
- Timah Investasi Mineral - Indoneisa
- GVK Power & Infra Limited - India
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- PowerSource Philippines DevCo
- Carbofer General Trading SA - India
- Electricity Authority, New Zealand
- Kaltim Prima Coal - Indonesia
- Marubeni Corporation - India
- Lanco Infratech Ltd - India
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- Ceylon Electricity Board - Sri Lanka
- Orica Australia Pty. Ltd.
- International Coal Ventures Pvt Ltd - India
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- IHS Mccloskey Coal Group - USA
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- Power Finance Corporation Ltd., India
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- Coastal Gujarat Power Limited - India
- Posco Energy - South Korea
- Indonesian Coal Mining Association
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- Ambuja Cements Ltd - India
- Port Waratah Coal Services - Australia
- Siam City Cement PLC, Thailand
- Bukit Makmur.PT - Indonesia
- Electricity Generating Authority of Thailand
- Global Business Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Ministry of Finance - Indonesia
- Romanian Commodities Exchange
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- Chamber of Mines of South Africa
- Uttam Galva Steels Limited - India
- Salva Resources Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Vedanta Resources Plc - India
- Sakthi Sugars Limited - India
- Chettinad Cement Corporation Ltd - India
- Bangladesh Power Developement Board
- TNB Fuel Sdn Bhd - Malaysia
- Grasim Industreis Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Mercator Lines Limited - India
- Xindia Steels Limited - India
- PNOC Exploration Corporation - Philippines
- Sindya Power Generating Company Private Ltd
- Orica Mining Services - Indonesia
- Global Green Power PLC Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- European Bulk Services B.V. - Netherlands
- Standard Chartered Bank - UAE
- Parry Sugars Refinery, India
- GN Power Mariveles Coal Plant, Philippines
- Semirara Mining Corp, Philippines
- IEA Clean Coal Centre - UK
- Straits Asia Resources Limited - Singapore
- Rio Tinto Coal - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jaiprakash Power Ventures ltd
- Medco Energi Mining Internasional
- GMR Energy Limited - India
- Star Paper Mills Limited - India
- Cement Manufacturers Association - India
- SN Aboitiz Power Inc, Philippines
- VISA Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Minerals Council of Australia
- PetroVietnam Power Coal Import and Supply Company
- Heidelberg Cement - Germany
- Barasentosa Lestari - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- Energy Link Ltd, New Zealand
- The Treasury - Australian Government
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- PTC India Limited - India
- Thiess Contractors Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Vizag Seaport Private Limited - India
- South Luzon Thermal Energy Corporation
- TeaM Sual Corporation - Philippines
- Parliament of New Zealand
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- Banpu Public Company Limited - Thailand
- Savvy Resources Ltd - HongKong
- Latin American Coal - Colombia
- Agrawal Coal Company - India
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- Toyota Tsusho Corporation, Japan
- Price Waterhouse Coopers - Russia
- Madhucon Powers Ltd - India
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- Global Coal Blending Company Limited - Australia
- Essar Steel Hazira Ltd - India
- London Commodity Brokers - England
- Antam Resourcindo - Indonesia
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- Africa Commodities Group - South Africa
- Mjunction Services Limited - India
- Thai Mozambique Logistica
- Indo Tambangraya Megah - Indonesia
- Coal and Oil Company - UAE
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