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Saturday, 10 February 18
COAL INDIA ON PATH OF SUSTAINABLE PRODUCTION GROWTH AND SUPPLY TO POWER AND NON POWER SECTOR - PIB
 Supply of 371.8 MT of Coal to Power Sector and 103.1 MT Coal to Non-Power Sector Achieved in 2017-18 Till January,2018 Average Rake Loading To The Thermal Power Plant Increased To 226 Rake/ Day in February, 2018; AsOn Date, Coal Stock Is More Than 34 MT. SeveralStrategic Decisions Help Boost Supply ToThermal Power Stations Commissioning of Tori Shivpur Railway Line Will Give A Boost To The Development Of Mega Project Like Magadh and Amrapali OCPs
Coal India Limited has supplied 371.8 MT of coal to power sector and 103.1 MT coal to non-power sector in 2017-18 till January,2018, recording a growth of 6.8% in power sector & 8.8% in non-power sector dispatch, as against 348.1 MT and 94.8 MT respectivelyin the same period last year.
Likewiseafter sustained effort all time high rake loading could be achieved i.e. more than three hundred rakes a day consistently for last fifteen days during the current month.
As a result of all this a level of 14.5 MT coal stock at power house was recorded on 5th February, 2018 as compared to 8.5 MT on 30th September, 2017.
Average rake loading to the Thermal Power Plant has also increased from a level of 209.8 rake/day in October, 2017 to 226 rake/ day in February, 2018.There has been a jump of 6.53 % in power rake loading in October’17 (from 209.3 rakes per day in Oct’16 to 223 rakes per day in Oct’17) and 13.7% increase in rake loading in February ’18. (from 199.7rakes per day in Feb’17 to 227 rakes per day in Feb’18 till 6th Feb 2018)
To boost supply to Thermal Power stations, a strategic decision has been taken to ensure coal supply from pit head to power stations located within 50 Kms. through road and the available rake from the circuit was utilised to supply distant thermal power stations. It was also decided to maximise supply to the pit head power stations through MGR route and this strategy has ensured stock level of more than twenty one days of normative stock especially in pit head power stations located in Northern Coalfields.
Coal India has huge potential to increase coal production in peak period i.e. in January, February & March of the year. In the FY 2016-17 CIL had produced 66 MT of coal during March’17 and presently CIL is poised to surpass what was produced last year in that period. Since last one month, daily production has taken over daily despatch which means coal is added to the stock everyday and as on date, coal stock is more than 34 MT.
By the end of FY- 2016-17,the subsidiary Central Coalfields LimitedCCL &Bharat Coking Coal LimitedBCCL had huge coal stock to the tune of 17.6 MT & 6.2 MT respectively. As a result, from the beginning FY-2017-18 itself, the production was curtailed in these two subsidiaries and stress was given for coal despatch. Any coal stock which is more than three month old deteriorates in quality,so as a strategy the coal production was curtailed and emphasis was given on coal despatch and coal exposure.
In CCL ,ToriShivpur railway line is to become backbone of coal evacuation from mega mines of CCL. The project was envisaged way back in 1990s but during the period 2000-2014 there was hardly any progress. The Union Minister for Railways and Coal, Shri PiyushGoyal is laying specific emphasis on monitoring this railway line and construction has picked up. The commissioning this will give a boost to the development of Mega Project like Magadh and Amrapali OCPs.
CIL has also undertaken a number of steps for improving transparency and fairness with extensive use of IT initiatives in all most all spheres of its operation thus reducing human intervention. Steps have also been taken to promote a good culture, good governancethrough well laid policy and principles to improve production, productivity, offtake. Close monitoring of project implementation and capital expenditure is being done. Opening of large projects, closure of unsafe and unviable mines and improving mine geometry is being given high priority. To prevent frequent disruption of mining operations by miscreants named FIR is being lodged and damage suits have been registered in court of law against such miscreants. This has resulted in substantial reduction in disruption of mining operations.
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Wednesday, 21 February 18
SHIPPING MARKET INSIGHT - KONSTANTINOS KONTOMICHIS
2017 proved to be a relatively good year with positive margins for the Dry Bulk market. Especially during the last quarter of the year everyone can ...
Tuesday, 20 February 18
INDIA: COAL IMPORT RISES BY 12 PER CENT TO 18 MILLION TONNES IN JANUARY - PTI
The country’s coal import increased by 12.4 per cent to 18.49 million tonnes (MT) in January, against 16.
44 MT in the same month of the ...
Monday, 19 February 18
JOINT INSURANCE - WHY SHOULD YOU CARE? - SKULD
KNOWLEDGE TO ELEVATE
It is neither controversial nor new to say that co-assureds under a joint insurance policy cannot claim against each othe ...
Friday, 16 February 18
U.S. WEEKLY COAL OUTPUT DOWN 4.5 PER CENT WEEK OVER WEEK, EIA DATA SHOWS
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 15.2 million short tons ...
Thursday, 15 February 18
INDIA: THERMAL POWER PLANTS UNDER STRESS ON RISING COAL, FREIGHT COSTS - BUSINESS STANDARD
Coal-based power plants are feeling the heat of spike in thermal grade coal prices and railway freight costs.
Prices of thermal grade coal sin ...
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- Holcim Trading Pte Ltd - Singapore
- Essar Steel Hazira Ltd - India
- Larsen & Toubro Limited - India
- Indika Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Planning Commission, India
- Rio Tinto Coal - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Sree Jayajothi Cements Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Baramulti Group, Indonesia
- Price Waterhouse Coopers - Russia
- Bulk Trading Sa - Switzerland
- Timah Investasi Mineral - Indoneisa
- The University of Queensland
- Ind-Barath Power Infra Limited - India
- European Bulk Services B.V. - Netherlands
- LBH Netherlands Bv - Netherlands
- CIMB Investment Bank - Malaysia
- Indo Tambangraya Megah - Indonesia
- Economic Council, Georgia
- Merrill Lynch Commodities Europe
- Formosa Plastics Group - Taiwan
- New Zealand Coal & Carbon
- PTC India Limited - India
- Medco Energi Mining Internasional
- Georgia Ports Authority, United States
- Billiton Holdings Pty Ltd - Australia
- Chamber of Mines of South Africa
- Riau Bara Harum - Indonesia
- Australian Commodity Traders Exchange
- Bangladesh Power Developement Board
- Globalindo Alam Lestari - Indonesia
- Sarangani Energy Corporation, Philippines
- Simpson Spence & Young - Indonesia
- McConnell Dowell - Australia
- Tamil Nadu electricity Board
- Ministry of Mines - Canada
- Orica Mining Services - Indonesia
- TeaM Sual Corporation - Philippines
- Meralco Power Generation, Philippines
- GAC Shipping (India) Pvt Ltd
- Thiess Contractors Indonesia
- Commonwealth Bank - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Renaissance Capital - South Africa
- PetroVietnam Power Coal Import and Supply Company
- Tata Chemicals Ltd - India
- Thai Mozambique Logistica
- ASAPP Information Group - India
- Mintek Dendrill Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Central Java Power - Indonesia
- Siam City Cement - Thailand
- GMR Energy Limited - India
- Salva Resources Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Rashtriya Ispat Nigam Limited - India
- Vedanta Resources Plc - India
- GN Power Mariveles Coal Plant, Philippines
- Energy Link Ltd, New Zealand
- PowerSource Philippines DevCo
- Electricity Generating Authority of Thailand
- Interocean Group of Companies - India
- Latin American Coal - Colombia
- Vizag Seaport Private Limited - India
- Eastern Energy - Thailand
- Wilmar Investment Holdings
- Karaikal Port Pvt Ltd - India
- Indonesian Coal Mining Association
- Banpu Public Company Limited - Thailand
- MS Steel International - UAE
- Kaltim Prima Coal - Indonesia
- Africa Commodities Group - South Africa
- VISA Power Limited - India
- Barasentosa Lestari - Indonesia
- International Coal Ventures Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Bhatia International Limited - India
- Krishnapatnam Port Company Ltd. - India
- Sical Logistics Limited - India
- Power Finance Corporation Ltd., India
- Agrawal Coal Company - India
- Heidelberg Cement - Germany
- SMC Global Power, Philippines
- Chettinad Cement Corporation Ltd - India
- Antam Resourcindo - Indonesia
- Marubeni Corporation - India
- Dalmia Cement Bharat India
- Standard Chartered Bank - UAE
- Singapore Mercantile Exchange
- Maharashtra Electricity Regulatory Commission - India
- Sakthi Sugars Limited - India
- Global Coal Blending Company Limited - Australia
- Sojitz Corporation - Japan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sindya Power Generating Company Private Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- South Luzon Thermal Energy Corporation
- Global Business Power Corporation, Philippines
- Malabar Cements Ltd - India
- Mercator Lines Limited - India
- Leighton Contractors Pty Ltd - Australia
- Indian Energy Exchange, India
- CNBM International Corporation - China
- Offshore Bulk Terminal Pte Ltd, Singapore
- Goldman Sachs - Singapore
- Electricity Authority, New Zealand
- Australian Coal Association
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Xindia Steels Limited - India
- Coastal Gujarat Power Limited - India
- Bukit Makmur.PT - Indonesia
- Minerals Council of Australia
- Metalloyd Limited - United Kingdom
- Uttam Galva Steels Limited - India
- Petron Corporation, Philippines
- Carbofer General Trading SA - India
- Kobexindo Tractors - Indoneisa
- Eastern Coal Council - USA
- White Energy Company Limited
- SMG Consultants - Indonesia
- Altura Mining Limited, Indonesia
- Indian Oil Corporation Limited
- Gujarat Electricity Regulatory Commission - India
- Straits Asia Resources Limited - Singapore
- Gujarat Sidhee Cement - India
- PNOC Exploration Corporation - Philippines
- Asmin Koalindo Tuhup - Indonesia
- Kepco SPC Power Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- OPG Power Generation Pvt Ltd - India
- Coal and Oil Company - UAE
- Ceylon Electricity Board - Sri Lanka
- Bharathi Cement Corporation - India
- Siam City Cement PLC, Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Samtan Co., Ltd - South Korea
- Aboitiz Power Corporation - Philippines
- Intertek Mineral Services - Indonesia
- ICICI Bank Limited - India
- Semirara Mining and Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Makarim & Taira - Indonesia
- Kartika Selabumi Mining - Indonesia
- Binh Thuan Hamico - Vietnam
- Lanco Infratech Ltd - India
- Meenaskhi Energy Private Limited - India
- Iligan Light & Power Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Independent Power Producers Association of India
- The Treasury - Australian Government
- Kohat Cement Company Ltd. - Pakistan
- Indogreen Group - Indonesia
- Savvy Resources Ltd - HongKong
- Directorate Of Revenue Intelligence - India
- Orica Australia Pty. Ltd.
- Deloitte Consulting - India
- Bahari Cakrawala Sebuku - Indonesia
- Semirara Mining Corp, Philippines
- Oldendorff Carriers - Singapore
- Star Paper Mills Limited - India
- Posco Energy - South Korea
- Toyota Tsusho Corporation, Japan
- Port Waratah Coal Services - Australia
- Ministry of Finance - Indonesia
- Anglo American - United Kingdom
- Aditya Birla Group - India
- Coalindo Energy - Indonesia
- Grasim Industreis Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Jindal Steel & Power Ltd - India
- Borneo Indobara - Indonesia
- Cement Manufacturers Association - India
- Pendopo Energi Batubara - Indonesia
- Kideco Jaya Agung - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Videocon Industries ltd - India
- India Bulls Power Limited - India
- Edison Trading Spa - Italy
- Parliament of New Zealand
- Miang Besar Coal Terminal - Indonesia
- Mjunction Services Limited - India
- Global Green Power PLC Corporation, Philippines
- Ambuja Cements Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Bayan Resources Tbk. - Indonesia
- GVK Power & Infra Limited - India
- IHS Mccloskey Coal Group - USA
- Therma Luzon, Inc, Philippines
- Ministry of Transport, Egypt
- Mercuria Energy - Indonesia
- Trasteel International SA, Italy
- Karbindo Abesyapradhi - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Energy Development Corp, Philippines
- Wood Mackenzie - Singapore
- The State Trading Corporation of India Ltd
- Central Electricity Authority - India
- Madhucon Powers Ltd - India
- London Commodity Brokers - England
- Maheswari Brothers Coal Limited - India
- Parry Sugars Refinery, India
- San Jose City I Power Corp, Philippines
- SN Aboitiz Power Inc, Philippines
- Manunggal Multi Energi - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Bhushan Steel Limited - India
- Romanian Commodities Exchange
- Bukit Baiduri Energy - Indonesia
- Attock Cement Pakistan Limited
- IEA Clean Coal Centre - UK
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