We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
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 since the last notification by Coal India on January 9 this year have moved up by 15-18 per cent. This apart, the levy of evacuation charge of Rs 50 per tonne is estimated to increase the cost of generation for coal-based power plants by 13-15 paise per unit.
Also, the Ministry of Railways through a notification on January 9 this year has rationalized the freight rates for coal transportation and withdrawing the levy of busy season surcharge (15 per cent) and development surcharge (five per cent) on coal transportation. The busy season surcharge is levied from April to June and October to March in a financial year. On an annual basis, the freight rates have been revised by 3.4-3.6 per cent across various distance slabs. According to a report by Icra, the impact of this freight revision on the cost of generation for thermal plants could be two to four paise per unit depending on the distance of the project from the associated coal mine.
“Thermal power plants are already operating at lower load due to rising demand for renewable power.
The hike in coal and railway freight costs is a blow on the operations of the coal-based units. The plants without long-term PPAs will suffer the most”, said an industry source.
For domestic coal-based IPPs (independent power producers) which have competitively bid based PPAs, the impact on the margins will be dependent on the extent of scalable energy charge component in the tariff structure. For power generating companies and IPPs without long-term PPAs and having exposure to short-term PPAs, the profitability will be negatively impacted with a rise in coal price, given the subdued short-term tariffs with the surplus generation capacity available in the country.
Icra expects a partial pass-through by private IPPs with a competitive bid based PPAs for the balance coal-based generation. Under these assumptions, the cost of power procurement for discoms at an all India level is estimated to increase by about nine paise per unit.
Assuming the average AT&C (aggregate technical & commercial) loss level at around 23 per cent in the country, the impact of the revision in coal prices and railway freight on cost of power supply per unit sold and retail tariffs (assuming full pass through by state regulators) is estimated at around 14 paisa per unit or 2.3 per cent tariff hike. However, the state-wise extent of an increase in the cost of power supply and hence, in retail tariff for a distribution utility would be dependent upon the mix of coal-based generation in its overall power procurement, the Icra report stated.
Cost of thermal power generation is likely to witness upward pressure due to Capex (Capital expenditure) requirement for complying with the revised environment norms, operating cost associated with the same as well as the cost of ensuring flexibility in operations with rising share of renewables.
Source: Business Standard
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Wednesday, 29 November 17
SHIPPING MARKET INSIGHT - VASILIS MOIRIS
In line with most expectations for the end of this month, during the past days the Dry Bulk market realized a significant rebound that sent the BDI ...
Tuesday, 28 November 17
THE DRY BULK MARKET HAS SHOWN A REMARKABLE RECOVERY THIS YEAR - GEORGE LAZARIDIS
The Dry Bulk market has shown a remarkable recovery this year with the average earnings having increased by around 63% this year so far compared to ...
Friday, 24 November 17
U.S. PRODUCED 14.9 MMST FOR THE WEEK ENDING NOV 18; UP 0.9% W/W - EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 14.9 million short ton ...
Thursday, 23 November 17
PANAMAX: ANOTHER SLOW AND UNEVENTFUL WEEK; DECREASING FREIGHT RATES IN BOTH HEMISPHERES - FEARNLEYS
Supramax
A quiet start to the week. USG closed last week a bit tighter, and continued into the new week on a positive tone with little concluded, ...
Wednesday, 22 November 17
THERMAL COAL WAS FLAT AMID CONCERNS OF FURTHER GOVERNMENT INTERVENTION IN CHINA, SAYS DANIEL HYNES
Coal prices were mixed. Thermal coal was flat amid concerns of further government intervention in China, said Daniel Hynes Senior Commodity Strateg ...
|
|
|
Showing 1866 to 1870 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Sarangani Energy Corporation, Philippines
- McConnell Dowell - Australia
- India Bulls Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Grasim Industreis Ltd - India
- The Treasury - Australian Government
- Bhushan Steel Limited - India
- Indo Tambangraya Megah - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Aboitiz Power Corporation - Philippines
- Aditya Birla Group - India
- Directorate General of MIneral and Coal - Indonesia
- Heidelberg Cement - Germany
- Sree Jayajothi Cements Limited - India
- Manunggal Multi Energi - Indonesia
- Indian Oil Corporation Limited
- Attock Cement Pakistan Limited
- Interocean Group of Companies - India
- Bangladesh Power Developement Board
- Carbofer General Trading SA - India
- Larsen & Toubro Limited - India
- Indogreen Group - Indonesia
- Standard Chartered Bank - UAE
- Barasentosa Lestari - Indonesia
- GVK Power & Infra Limited - India
- Makarim & Taira - Indonesia
- White Energy Company Limited
- Deloitte Consulting - India
- Bukit Baiduri Energy - Indonesia
- Tata Chemicals Ltd - India
- Indian Energy Exchange, India
- Semirara Mining and Power Corporation, Philippines
- Thai Mozambique Logistica
- Vedanta Resources Plc - India
- Port Waratah Coal Services - Australia
- Bukit Makmur.PT - Indonesia
- Samtan Co., Ltd - South Korea
- Merrill Lynch Commodities Europe
- Xindia Steels Limited - India
- Alfred C Toepfer International GmbH - Germany
- London Commodity Brokers - England
- Karbindo Abesyapradhi - Indoneisa
- TNB Fuel Sdn Bhd - Malaysia
- Rashtriya Ispat Nigam Limited - India
- Borneo Indobara - Indonesia
- Georgia Ports Authority, United States
- Coal and Oil Company - UAE
- Sindya Power Generating Company Private Ltd
- Jaiprakash Power Ventures ltd
- Price Waterhouse Coopers - Russia
- Posco Energy - South Korea
- Chamber of Mines of South Africa
- GMR Energy Limited - India
- TeaM Sual Corporation - Philippines
- Gujarat Sidhee Cement - India
- Indika Energy - Indonesia
- Edison Trading Spa - Italy
- San Jose City I Power Corp, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Oldendorff Carriers - Singapore
- Global Coal Blending Company Limited - Australia
- IHS Mccloskey Coal Group - USA
- Meenaskhi Energy Private Limited - India
- Holcim Trading Pte Ltd - Singapore
- Planning Commission, India
- Krishnapatnam Port Company Ltd. - India
- Thiess Contractors Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Intertek Mineral Services - Indonesia
- Anglo American - United Kingdom
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Eastern Energy - Thailand
- Sakthi Sugars Limited - India
- GAC Shipping (India) Pvt Ltd
- Jorong Barutama Greston.PT - Indonesia
- Central Electricity Authority - India
- Chettinad Cement Corporation Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Wood Mackenzie - Singapore
- International Coal Ventures Pvt Ltd - India
- Malabar Cements Ltd - India
- Jindal Steel & Power Ltd - India
- Karaikal Port Pvt Ltd - India
- Ministry of Transport, Egypt
- Cigading International Bulk Terminal - Indonesia
- LBH Netherlands Bv - Netherlands
- The University of Queensland
- Maharashtra Electricity Regulatory Commission - India
- PetroVietnam Power Coal Import and Supply Company
- Semirara Mining Corp, Philippines
- Timah Investasi Mineral - Indoneisa
- Dalmia Cement Bharat India
- Gujarat Electricity Regulatory Commission - India
- Mjunction Services Limited - India
- Independent Power Producers Association of India
- Eastern Coal Council - USA
- Parry Sugars Refinery, India
- Billiton Holdings Pty Ltd - Australia
- Parliament of New Zealand
- Gujarat Mineral Development Corp Ltd - India
- Therma Luzon, Inc, Philippines
- Antam Resourcindo - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Medco Energi Mining Internasional
- PNOC Exploration Corporation - Philippines
- Commonwealth Bank - Australia
- Essar Steel Hazira Ltd - India
- Mercuria Energy - Indonesia
- Agrawal Coal Company - India
- Kapuas Tunggal Persada - Indonesia
- Altura Mining Limited, Indonesia
- Africa Commodities Group - South Africa
- Sojitz Corporation - Japan
- Indonesian Coal Mining Association
- IEA Clean Coal Centre - UK
- Goldman Sachs - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Wilmar Investment Holdings
- Singapore Mercantile Exchange
- Binh Thuan Hamico - Vietnam
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Riau Bara Harum - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- PTC India Limited - India
- Sical Logistics Limited - India
- Siam City Cement PLC, Thailand
- Coastal Gujarat Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Ceylon Electricity Board - Sri Lanka
- Salva Resources Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Madhucon Powers Ltd - India
- Toyota Tsusho Corporation, Japan
- Bharathi Cement Corporation - India
- AsiaOL BioFuels Corp., Philippines
- Petron Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Minerals Council of Australia
- Ministry of Finance - Indonesia
- Australian Coal Association
- Orica Mining Services - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Meralco Power Generation, Philippines
- VISA Power Limited - India
- Leighton Contractors Pty Ltd - Australia
- Siam City Cement - Thailand
- New Zealand Coal & Carbon
- Energy Development Corp, Philippines
- Lanco Infratech Ltd - India
- Pendopo Energi Batubara - Indonesia
- Renaissance Capital - South Africa
- SMC Global Power, Philippines
- Energy Link Ltd, New Zealand
- SN Aboitiz Power Inc, Philippines
- Kideco Jaya Agung - Indonesia
- Electricity Authority, New Zealand
- OPG Power Generation Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Romanian Commodities Exchange
- Formosa Plastics Group - Taiwan
- Marubeni Corporation - India
- Economic Council, Georgia
- Directorate Of Revenue Intelligence - India
- Bhoruka Overseas - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Kaltim Prima Coal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- PowerSource Philippines DevCo
- Asmin Koalindo Tuhup - Indonesia
- MS Steel International - UAE
- Mercator Lines Limited - India
- Latin American Coal - Colombia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Videocon Industries ltd - India
- CNBM International Corporation - China
- Rio Tinto Coal - Australia
- Trasteel International SA, Italy
- Kepco SPC Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Vizag Seaport Private Limited - India
- European Bulk Services B.V. - Netherlands
- Neyveli Lignite Corporation Ltd, - India
- Tamil Nadu electricity Board
- Star Paper Mills Limited - India
- Kumho Petrochemical, South Korea
- SMG Consultants - Indonesia
- Bayan Resources Tbk. - Indonesia
- ASAPP Information Group - India
- Electricity Generating Authority of Thailand
- South Luzon Thermal Energy Corporation
- CIMB Investment Bank - Malaysia
- Banpu Public Company Limited - Thailand
- Bulk Trading Sa - Switzerland
- Global Green Power PLC Corporation, Philippines
- Orica Australia Pty. Ltd.
- Bhatia International Limited - India
- Simpson Spence & Young - Indonesia
- Mintek Dendrill Indonesia
- Central Java Power - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Power Finance Corporation Ltd., India
- Ind-Barath Power Infra Limited - India
- Uttam Galva Steels Limited - India
- Ministry of Mines - Canada
- Coalindo Energy - Indonesia
- ICICI Bank Limited - India
- Cement Manufacturers Association - India
- Savvy Resources Ltd - HongKong
- Iligan Light & Power Inc, Philippines
- Metalloyd Limited - United Kingdom
- Ambuja Cements Ltd - India
- The State Trading Corporation of India Ltd
- Straits Asia Resources Limited - Singapore
- Global Business Power Corporation, Philippines
- Australian Commodity Traders Exchange
- Baramulti Group, Indonesia
|
| |
| |
|
