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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
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Thursday, 06 July 17
SUPRAMAX: INDO TO INDIA TRIPS WITH DELIVERY THAILAND RANGE IS GIVING OWNERS AROUND MID $8000 - FEARNLEYS
Supramax
Another slow start to the week with somewhat softening rates and few fixtures.
According to Fearnleys Weekly Dry bulk report, the N ...
Thursday, 06 July 17
UNEXPECTED MOVE FROM CHINA BOOSTS COAL PRICES - OIL PRICE
Coal prices have been cooling the last few months — after a spectacular run last year. But news late last week suggests the market is about t ...
Wednesday, 05 July 17
COAL PRICES ROSE IN CHINA, JAPAN AND EUROPE IN 2016 - BP
COALspot.com: Coal prices rose in China, Japan and Europe in 2016 after four years of price declines.
According to bp, the rise in coal prices ...
Wednesday, 05 July 17
TANKER MARKET INSIGHT - KATERINA RESTIS
A war of words blasted last month as the UAE, S. Arabia, Egypt and Bahrain revealed that they are experiencing severe diplomatic issues with the st ...
Wednesday, 05 July 17
TROUBLE SEEMS TO BE LOOMING ONCE MORE IN THE STEEL INDUSTRY - GEORGE LAZARIDIS
Trouble seems to be looming once more in the steel industry as US President Trump puts forth his plans for specialist protectionist measures for th ...
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Showing 2011 to 2015 news of total 6871 |
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- Indika Energy - Indonesia
- The Treasury - Australian Government
- Energy Link Ltd, New Zealand
- Bharathi Cement Corporation - India
- Pipit Mutiara Jaya. PT, Indonesia
- Sarangani Energy Corporation, Philippines
- New Zealand Coal & Carbon
- Indian Energy Exchange, India
- Petrochimia International Co. Ltd.- Taiwan
- San Jose City I Power Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Barasentosa Lestari - Indonesia
- Madhucon Powers Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Intertek Mineral Services - Indonesia
- Bukit Makmur.PT - Indonesia
- Africa Commodities Group - South Africa
- Interocean Group of Companies - India
- International Coal Ventures Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Sinarmas Energy and Mining - Indonesia
- Jindal Steel & Power Ltd - India
- Carbofer General Trading SA - India
- South Luzon Thermal Energy Corporation
- Directorate General of MIneral and Coal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Thiess Contractors Indonesia
- Goldman Sachs - Singapore
- Lanco Infratech Ltd - India
- Aditya Birla Group - India
- Simpson Spence & Young - Indonesia
- Maheswari Brothers Coal Limited - India
- European Bulk Services B.V. - Netherlands
- Globalindo Alam Lestari - Indonesia
- Videocon Industries ltd - India
- Kartika Selabumi Mining - Indonesia
- Riau Bara Harum - Indonesia
- Altura Mining Limited, Indonesia
- Kideco Jaya Agung - Indonesia
- Ministry of Transport, Egypt
- Georgia Ports Authority, United States
- Karbindo Abesyapradhi - Indoneisa
- Antam Resourcindo - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Tamil Nadu electricity Board
- Thai Mozambique Logistica
- Xindia Steels Limited - India
- Baramulti Group, Indonesia
- Indogreen Group - Indonesia
- Siam City Cement - Thailand
- Miang Besar Coal Terminal - Indonesia
- Trasteel International SA, Italy
- Kapuas Tunggal Persada - Indonesia
- Bhatia International Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Leighton Contractors Pty Ltd - Australia
- Standard Chartered Bank - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- Central Java Power - Indonesia
- Larsen & Toubro Limited - India
- Holcim Trading Pte Ltd - Singapore
- Ministry of Mines - Canada
- Banpu Public Company Limited - Thailand
- Australian Commodity Traders Exchange
- Medco Energi Mining Internasional
- Gujarat Mineral Development Corp Ltd - India
- ASAPP Information Group - India
- ICICI Bank Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Kobexindo Tractors - Indoneisa
- SN Aboitiz Power Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- India Bulls Power Limited - India
- Attock Cement Pakistan Limited
- Renaissance Capital - South Africa
- Indonesian Coal Mining Association
- Australian Coal Association
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- CNBM International Corporation - China
- Manunggal Multi Energi - Indonesia
- Toyota Tsusho Corporation, Japan
- Price Waterhouse Coopers - Russia
- Mintek Dendrill Indonesia
- Wood Mackenzie - Singapore
- Uttam Galva Steels Limited - India
- Bhushan Steel Limited - India
- Essar Steel Hazira Ltd - India
- Global Business Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- Central Electricity Authority - India
- Meenaskhi Energy Private Limited - India
- Romanian Commodities Exchange
- Asmin Koalindo Tuhup - Indonesia
- Samtan Co., Ltd - South Korea
- Bahari Cakrawala Sebuku - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Metalloyd Limited - United Kingdom
- White Energy Company Limited
- Coastal Gujarat Power Limited - India
- Petron Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Independent Power Producers Association of India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Commonwealth Bank - Australia
- Cement Manufacturers Association - India
- Salva Resources Pvt Ltd - India
- Electricity Authority, New Zealand
- Makarim & Taira - Indonesia
- McConnell Dowell - Australia
- Bayan Resources Tbk. - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Eastern Energy - Thailand
- Kaltim Prima Coal - Indonesia
- Minerals Council of Australia
- Mercuria Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- Parry Sugars Refinery, India
- MS Steel International - UAE
- Therma Luzon, Inc, Philippines
- Grasim Industreis Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Orica Australia Pty. Ltd.
- Tata Chemicals Ltd - India
- Siam City Cement PLC, Thailand
- Merrill Lynch Commodities Europe
- Vizag Seaport Private Limited - India
- Semirara Mining and Power Corporation, Philippines
- Latin American Coal - Colombia
- Karaikal Port Pvt Ltd - India
- GMR Energy Limited - India
- Maharashtra Electricity Regulatory Commission - India
- TeaM Sual Corporation - Philippines
- PTC India Limited - India
- PowerSource Philippines DevCo
- Neyveli Lignite Corporation Ltd, - India
- Anglo American - United Kingdom
- SMC Global Power, Philippines
- Parliament of New Zealand
- Chettinad Cement Corporation Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Meralco Power Generation, Philippines
- Sree Jayajothi Cements Limited - India
- Ministry of Finance - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Vijayanagar Sugar Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Pendopo Energi Batubara - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Vedanta Resources Plc - India
- Kepco SPC Power Corporation, Philippines
- Mercator Lines Limited - India
- Deloitte Consulting - India
- Energy Development Corp, Philippines
- Formosa Plastics Group - Taiwan
- Electricity Generating Authority of Thailand
- Global Coal Blending Company Limited - Australia
- Timah Investasi Mineral - Indoneisa
- Gujarat Sidhee Cement - India
- GAC Shipping (India) Pvt Ltd
- Krishnapatnam Port Company Ltd. - India
- Posco Energy - South Korea
- Ambuja Cements Ltd - India
- Straits Asia Resources Limited - Singapore
- Iligan Light & Power Inc, Philippines
- Sojitz Corporation - Japan
- Binh Thuan Hamico - Vietnam
- London Commodity Brokers - England
- GN Power Mariveles Coal Plant, Philippines
- Bangladesh Power Developement Board
- Kalimantan Lumbung Energi - Indonesia
- Singapore Mercantile Exchange
- Savvy Resources Ltd - HongKong
- IEA Clean Coal Centre - UK
- LBH Netherlands Bv - Netherlands
- OPG Power Generation Pvt Ltd - India
- Oldendorff Carriers - Singapore
- VISA Power Limited - India
- Edison Trading Spa - Italy
- Chamber of Mines of South Africa
- Coalindo Energy - Indonesia
- SMG Consultants - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Rio Tinto Coal - Australia
- Sakthi Sugars Limited - India
- PNOC Exploration Corporation - Philippines
- Marubeni Corporation - India
- Mjunction Services Limited - India
- Planning Commission, India
- Heidelberg Cement - Germany
- IHS Mccloskey Coal Group - USA
- Kohat Cement Company Ltd. - Pakistan
- Directorate Of Revenue Intelligence - India
- Star Paper Mills Limited - India
- Eastern Coal Council - USA
- Jaiprakash Power Ventures ltd
- Bulk Trading Sa - Switzerland
- Bukit Asam (Persero) Tbk - Indonesia
- Coal and Oil Company - UAE
- Wilmar Investment Holdings
- Gujarat Electricity Regulatory Commission - India
- Borneo Indobara - Indonesia
- The University of Queensland
- Semirara Mining Corp, Philippines
- Global Green Power PLC Corporation, Philippines
- GVK Power & Infra Limited - India
- Sical Logistics Limited - India
- Aboitiz Power Corporation - Philippines
- Indian Oil Corporation Limited
- The State Trading Corporation of India Ltd
- Economic Council, Georgia
- Kumho Petrochemical, South Korea
- Malabar Cements Ltd - India
- Orica Mining Services - Indonesia
- Ind-Barath Power Infra Limited - India
- Dalmia Cement Bharat India
- Agrawal Coal Company - India
- Bhoruka Overseas - Indonesia
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