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.
|
|
Thursday, 17 November 16
FROTHY THERMAL COAL PRICES POINT TO DOWNSIDE PRESSURES IN 2017 - FITCH
Fitch Ratings says in an Outlook Report that the Asian thermal coal industry will remain under pressure in 2017 due to more-than-adequate capacity ...
Thursday, 17 November 16
CHINA STEEL EXPORTS TO REMAIN HIGH IN 2017, FITCH SAYS
Fitch Ratings expects Chinese steel exports to remain at around 100 million metric tons (Mt) in 2017, due to flat 'apparent' consumption an ...
Wednesday, 16 November 16
SHIPPING MARKET INSIGHT
Going through a relatively interesting second half of the year so far in the ship repair sector, we are experiencing a volatile climate of differen ...
Tuesday, 15 November 16
CHINA, FOR MANY YEARS NOW HAS SERVED AS A MAJOR GROWTH ENGINE FOR ASIA - ALLIED SHIPPING RESEARCH
It’s been a turbulent couple of days after the announcement of the U.S. Presidential results in the early hours of Wednesday.
After week ...
Monday, 14 November 16
KOMIPO'S SEOCHEON POWER PLANT TO IMPORT 240,000 MT OF SEMI / ANTHRACITE COAL FOR Q1'17
COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued a new tender for 240K mt of Semi-Anthracite and Anthracite Coal f ...
|
|
|
Showing 2211 to 2215 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Bhoruka Overseas - Indonesia
- Central Electricity Authority - India
- Kartika Selabumi Mining - Indonesia
- Interocean Group of Companies - India
- Indo Tambangraya Megah - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bayan Resources Tbk. - Indonesia
- Toyota Tsusho Corporation, Japan
- Electricity Authority, New Zealand
- Formosa Plastics Group - Taiwan
- SN Aboitiz Power Inc, Philippines
- Goldman Sachs - Singapore
- Mjunction Services Limited - India
- Energy Development Corp, Philippines
- Oldendorff Carriers - Singapore
- Meralco Power Generation, Philippines
- Metalloyd Limited - United Kingdom
- Sinarmas Energy and Mining - Indonesia
- Edison Trading Spa - Italy
- Simpson Spence & Young - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Meenaskhi Energy Private Limited - India
- Orica Mining Services - Indonesia
- Central Java Power - Indonesia
- Coalindo Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- GVK Power & Infra Limited - India
- Parry Sugars Refinery, India
- Kaltim Prima Coal - Indonesia
- Trasteel International SA, Italy
- Electricity Generating Authority of Thailand
- Straits Asia Resources Limited - Singapore
- Kapuas Tunggal Persada - Indonesia
- OPG Power Generation Pvt Ltd - India
- Xindia Steels Limited - India
- San Jose City I Power Corp, Philippines
- Port Waratah Coal Services - Australia
- Timah Investasi Mineral - Indoneisa
- Star Paper Mills Limited - India
- Intertek Mineral Services - Indonesia
- Bharathi Cement Corporation - India
- TNB Fuel Sdn Bhd - Malaysia
- Krishnapatnam Port Company Ltd. - India
- GMR Energy Limited - India
- SMC Global Power, Philippines
- Wilmar Investment Holdings
- Sindya Power Generating Company Private Ltd
- Indian Energy Exchange, India
- Karbindo Abesyapradhi - Indoneisa
- Altura Mining Limited, Indonesia
- Standard Chartered Bank - UAE
- Globalindo Alam Lestari - Indonesia
- Eastern Energy - Thailand
- Price Waterhouse Coopers - Russia
- Lanco Infratech Ltd - India
- Marubeni Corporation - India
- Kepco SPC Power Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Baramulti Group, Indonesia
- Larsen & Toubro Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Grasim Industreis Ltd - India
- Videocon Industries ltd - India
- Petron Corporation, Philippines
- Vizag Seaport Private Limited - India
- Merrill Lynch Commodities Europe
- Chamber of Mines of South Africa
- Renaissance Capital - South Africa
- Thai Mozambique Logistica
- GN Power Mariveles Coal Plant, Philippines
- Kideco Jaya Agung - Indonesia
- Karaikal Port Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Attock Cement Pakistan Limited
- White Energy Company Limited
- Mercuria Energy - Indonesia
- Makarim & Taira - Indonesia
- Barasentosa Lestari - Indonesia
- MS Steel International - UAE
- Salva Resources Pvt Ltd - India
- McConnell Dowell - Australia
- CNBM International Corporation - China
- Gujarat Electricity Regulatory Commission - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kohat Cement Company Ltd. - Pakistan
- Ceylon Electricity Board - Sri Lanka
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Green Power PLC Corporation, Philippines
- Wood Mackenzie - Singapore
- Bukit Baiduri Energy - Indonesia
- Therma Luzon, Inc, Philippines
- Ministry of Mines - Canada
- Manunggal Multi Energi - Indonesia
- Mercator Lines Limited - India
- Directorate Of Revenue Intelligence - India
- Singapore Mercantile Exchange
- Jindal Steel & Power Ltd - India
- The University of Queensland
- Neyveli Lignite Corporation Ltd, - India
- Minerals Council of Australia
- Pendopo Energi Batubara - Indonesia
- Ambuja Cements Ltd - India
- Bukit Makmur.PT - Indonesia
- Kobexindo Tractors - Indoneisa
- European Bulk Services B.V. - Netherlands
- Kalimantan Lumbung Energi - Indonesia
- Bangladesh Power Developement Board
- India Bulls Power Limited - India
- Miang Besar Coal Terminal - Indonesia
- Commonwealth Bank - Australia
- IHS Mccloskey Coal Group - USA
- Global Coal Blending Company Limited - Australia
- Energy Link Ltd, New Zealand
- Thiess Contractors Indonesia
- Posco Energy - South Korea
- Semirara Mining and Power Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- London Commodity Brokers - England
- Orica Australia Pty. Ltd.
- Gujarat Sidhee Cement - India
- Riau Bara Harum - Indonesia
- Australian Commodity Traders Exchange
- IEA Clean Coal Centre - UK
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Finance - Indonesia
- Banpu Public Company Limited - Thailand
- Kumho Petrochemical, South Korea
- ICICI Bank Limited - India
- Georgia Ports Authority, United States
- Indogreen Group - Indonesia
- PowerSource Philippines DevCo
- Ind-Barath Power Infra Limited - India
- Latin American Coal - Colombia
- New Zealand Coal & Carbon
- VISA Power Limited - India
- Sojitz Corporation - Japan
- Bulk Trading Sa - Switzerland
- Billiton Holdings Pty Ltd - Australia
- Jorong Barutama Greston.PT - Indonesia
- Indian Oil Corporation Limited
- Romanian Commodities Exchange
- Indonesian Coal Mining Association
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Eastern Coal Council - USA
- PTC India Limited - India
- Iligan Light & Power Inc, Philippines
- Parliament of New Zealand
- CIMB Investment Bank - Malaysia
- Asmin Koalindo Tuhup - Indonesia
- Bhatia International Limited - India
- Siam City Cement - Thailand
- PetroVietnam Power Coal Import and Supply Company
- LBH Netherlands Bv - Netherlands
- Mintek Dendrill Indonesia
- Aditya Birla Group - India
- Heidelberg Cement - Germany
- Directorate General of MIneral and Coal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- ASAPP Information Group - India
- Australian Coal Association
- Antam Resourcindo - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Power Finance Corporation Ltd., India
- The Treasury - Australian Government
- Economic Council, Georgia
- Vijayanagar Sugar Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Uttam Galva Steels Limited - India
- Malabar Cements Ltd - India
- Coal and Oil Company - UAE
- Pipit Mutiara Jaya. PT, Indonesia
- Planning Commission, India
- Siam City Cement PLC, Thailand
- International Coal Ventures Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Tata Chemicals Ltd - India
- Africa Commodities Group - South Africa
- Tamil Nadu electricity Board
- The State Trading Corporation of India Ltd
- Anglo American - United Kingdom
- Sical Logistics Limited - India
- Ministry of Transport, Egypt
- PNOC Exploration Corporation - Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Aboitiz Power Corporation - Philippines
- Coastal Gujarat Power Limited - India
- Sarangani Energy Corporation, Philippines
- Madhucon Powers Ltd - India
- Global Business Power Corporation, Philippines
- TeaM Sual Corporation - Philippines
- South Luzon Thermal Energy Corporation
- AsiaOL BioFuels Corp., Philippines
- Borneo Indobara - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Semirara Mining Corp, Philippines
- Bhushan Steel Limited - India
- Independent Power Producers Association of India
- Rio Tinto Coal - Australia
- Carbofer General Trading SA - India
- Dalmia Cement Bharat India
- Savvy Resources Ltd - HongKong
- Cigading International Bulk Terminal - Indonesia
- Cement Manufacturers Association - India
- Sakthi Sugars Limited - India
- Vedanta Resources Plc - India
- Jaiprakash Power Ventures ltd
- Deloitte Consulting - India
- Indika Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Chettinad Cement Corporation Ltd - India
- Medco Energi Mining Internasional
- Maheswari Brothers Coal Limited - India
- SMG Consultants - Indonesia
- Agrawal Coal Company - India
|
| |
| |
|
