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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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Wednesday, 07 June 17
MARKET INSIGHT - PANOS MAKRINOS
2017 undoubtedly began with very optimistic signs for the future of the Oil & Gas industry on the back of the Vienna Agreement. OPEC and non-OP ...
Tuesday, 06 June 17
THE FREIGHT MARKET WAS CONTINUE TO TUMBLE THIS PAST WEEK
COALspot.com: The Freight market continued to tumble this past week, as BDI and cape index showed a negative trend week over week.
The Baltic ...
Friday, 02 June 17
THE WORLD COAL ASSOCIATION HAS RESPONDED TO THE WITHDRAWAL OF THE UNITED STATES FROM THE PARIS AGREEMENT
“This decision is the result of a failure to build a genuine coalition on climate action that recognises the role of all technologies, includ ...
Friday, 02 June 17
MOL SIGNS COAL TRANSPORT DEAL WITH THERMAL POWERTECH CORPORATION INDIA LIMITED
MOL Signs Coal Transport Deal with Thermal Powertech Corporation India Limited - Contributing to a Stable Power Supply in India -
Jun ...
Friday, 02 June 17
U.S THE PAST WEEK'S COAL PRODUCTION ESTIMATE UP 4.4% - EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 15 million short tonnes ...
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Showing 2031 to 2035 news of total 6871 |
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- Larsen & Toubro Limited - India
- Ministry of Mines - Canada
- The Treasury - Australian Government
- OPG Power Generation Pvt Ltd - India
- Aditya Birla Group - India
- TeaM Sual Corporation - Philippines
- Port Waratah Coal Services - Australia
- Global Coal Blending Company Limited - Australia
- Manunggal Multi Energi - Indonesia
- Intertek Mineral Services - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Coal and Oil Company - UAE
- Bangladesh Power Developement Board
- Asmin Koalindo Tuhup - Indonesia
- Siam City Cement - Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Indika Energy - Indonesia
- CNBM International Corporation - China
- GN Power Mariveles Coal Plant, Philippines
- Australian Commodity Traders Exchange
- Mjunction Services Limited - India
- Trasteel International SA, Italy
- Electricity Generating Authority of Thailand
- Formosa Plastics Group - Taiwan
- TNB Fuel Sdn Bhd - Malaysia
- Riau Bara Harum - Indonesia
- Banpu Public Company Limited - Thailand
- South Luzon Thermal Energy Corporation
- Baramulti Group, Indonesia
- Thai Mozambique Logistica
- Minerals Council of Australia
- PetroVietnam Power Coal Import and Supply Company
- Bhoruka Overseas - Indonesia
- Carbofer General Trading SA - India
- Pendopo Energi Batubara - Indonesia
- Antam Resourcindo - Indonesia
- Latin American Coal - Colombia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- MS Steel International - UAE
- Sical Logistics Limited - India
- Eastern Coal Council - USA
- San Jose City I Power Corp, Philippines
- Meralco Power Generation, Philippines
- Maheswari Brothers Coal Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Georgia Ports Authority, United States
- London Commodity Brokers - England
- Romanian Commodities Exchange
- Anglo American - United Kingdom
- Indian Energy Exchange, India
- Bukit Makmur.PT - Indonesia
- IHS Mccloskey Coal Group - USA
- Pipit Mutiara Jaya. PT, Indonesia
- PowerSource Philippines DevCo
- Cigading International Bulk Terminal - Indonesia
- Wood Mackenzie - Singapore
- Jindal Steel & Power Ltd - India
- Singapore Mercantile Exchange
- Altura Mining Limited, Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Iligan Light & Power Inc, Philippines
- Price Waterhouse Coopers - Russia
- Savvy Resources Ltd - HongKong
- Kartika Selabumi Mining - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Lanco Infratech Ltd - India
- Planning Commission, India
- Ceylon Electricity Board - Sri Lanka
- Star Paper Mills Limited - India
- Ministry of Finance - Indonesia
- International Coal Ventures Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Rio Tinto Coal - Australia
- Siam City Cement PLC, Thailand
- IEA Clean Coal Centre - UK
- Standard Chartered Bank - UAE
- Orica Mining Services - Indonesia
- Kumho Petrochemical, South Korea
- Vizag Seaport Private Limited - India
- Kideco Jaya Agung - Indonesia
- Ambuja Cements Ltd - India
- Eastern Energy - Thailand
- Binh Thuan Hamico - Vietnam
- Chamber of Mines of South Africa
- Edison Trading Spa - Italy
- Energy Development Corp, Philippines
- Madhucon Powers Ltd - India
- Bhushan Steel Limited - India
- Kepco SPC Power Corporation, Philippines
- VISA Power Limited - India
- Jaiprakash Power Ventures ltd
- Gujarat Electricity Regulatory Commission - India
- McConnell Dowell - Australia
- Interocean Group of Companies - India
- Thiess Contractors Indonesia
- Sakthi Sugars Limited - India
- SMC Global Power, Philippines
- Makarim & Taira - Indonesia
- White Energy Company Limited
- The State Trading Corporation of India Ltd
- GVK Power & Infra Limited - India
- Africa Commodities Group - South Africa
- Bharathi Cement Corporation - India
- Tamil Nadu electricity Board
- Essar Steel Hazira Ltd - India
- Coalindo Energy - Indonesia
- Bhatia International Limited - India
- Cement Manufacturers Association - India
- Commonwealth Bank - Australia
- Billiton Holdings Pty Ltd - Australia
- Jorong Barutama Greston.PT - Indonesia
- Bayan Resources Tbk. - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Agrawal Coal Company - India
- Grasim Industreis Ltd - India
- Energy Link Ltd, New Zealand
- Leighton Contractors Pty Ltd - Australia
- Meenaskhi Energy Private Limited - India
- The University of Queensland
- Holcim Trading Pte Ltd - Singapore
- Barasentosa Lestari - Indonesia
- Goldman Sachs - Singapore
- PNOC Exploration Corporation - Philippines
- Chettinad Cement Corporation Ltd - India
- Independent Power Producers Association of India
- Videocon Industries ltd - India
- Electricity Authority, New Zealand
- Semirara Mining and Power Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Posco Energy - South Korea
- Vijayanagar Sugar Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Petron Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- PTC India Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Straits Asia Resources Limited - Singapore
- Mercator Lines Limited - India
- Indogreen Group - Indonesia
- SMG Consultants - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Bulk Trading Sa - Switzerland
- Rashtriya Ispat Nigam Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Sidhee Cement - India
- Samtan Co., Ltd - South Korea
- Oldendorff Carriers - Singapore
- Central Java Power - Indonesia
- Deloitte Consulting - India
- Marubeni Corporation - India
- Mintek Dendrill Indonesia
- Malabar Cements Ltd - India
- Merrill Lynch Commodities Europe
- Therma Luzon, Inc, Philippines
- Wilmar Investment Holdings
- Ind-Barath Power Infra Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- New Zealand Coal & Carbon
- Kobexindo Tractors - Indoneisa
- Toyota Tsusho Corporation, Japan
- CIMB Investment Bank - Malaysia
- Ministry of Transport, Egypt
- Indonesian Coal Mining Association
- Kohat Cement Company Ltd. - Pakistan
- Tata Chemicals Ltd - India
- Economic Council, Georgia
- Indian Oil Corporation Limited
- Bukit Baiduri Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Heidelberg Cement - Germany
- Coastal Gujarat Power Limited - India
- Central Electricity Authority - India
- Karaikal Port Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Australian Coal Association
- Sinarmas Energy and Mining - Indonesia
- ASAPP Information Group - India
- Aboitiz Power Corporation - Philippines
- Power Finance Corporation Ltd., India
- Medco Energi Mining Internasional
- Parry Sugars Refinery, India
- Xindia Steels Limited - India
- Renaissance Capital - South Africa
- Alfred C Toepfer International GmbH - Germany
- Dalmia Cement Bharat India
- European Bulk Services B.V. - Netherlands
- Simpson Spence & Young - Indonesia
- Metalloyd Limited - United Kingdom
- Sindya Power Generating Company Private Ltd
- Borneo Indobara - Indonesia
- Globalindo Alam Lestari - Indonesia
- Orica Australia Pty. Ltd.
- ICICI Bank Limited - India
- Sojitz Corporation - Japan
- Miang Besar Coal Terminal - Indonesia
- GAC Shipping (India) Pvt Ltd
- Attock Cement Pakistan Limited
- GMR Energy Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- LBH Netherlands Bv - Netherlands
- Indo Tambangraya Megah - Indonesia
- Kapuas Tunggal Persada - Indonesia
- India Bulls Power Limited - India
- Salva Resources Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- SN Aboitiz Power Inc, Philippines
- Vedanta Resources Plc - India
- Kaltim Prima Coal - Indonesia
- Global Business Power Corporation, Philippines
- Parliament of New Zealand
- Maharashtra Electricity Regulatory Commission - India
- AsiaOL BioFuels Corp., Philippines
- Global Green Power PLC Corporation, Philippines
- Mercuria Energy - Indonesia
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