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Monday, 28 May 18
COAL SUPPLY DIVERSION IRKS INDUSTRIES DEPENDENT ON CAPTIVE POWER PLANTS - HINDU BUSINESS LINE
 The government’s move to prioritise coal supplies to power plants with minimal coal stock has disrupted fuel supply to some sectors, which have fallen off the dynamic priority queue. The move has prompted the affected industries to write to the Prime Minister’s Office (PMO) with their concerns.
An official aware of the government’s decision told BusinessLine, “There are 13 thermal power plants with no coal stock and 23–24 plants with critical levels of stock. The higher coal consumption is partly because of lower generation from hydro power and gas-based power plants. From May 20, we have accorded supply priority to power plants with low coal stock.”
The first priority is to meet the demand from power plants that have to supply to distribution companies because the government prioritises supplies to households and grid-connected consumers. Next in the line are Independent Power Producers (IPPs) that can sell power in the spot market. Captive power plants, or power plants set up to serve particular projects such as aluminium, steel or cement plants, come later in the queue. This schedule practically bypasses all the earlier commitments made to projects under the fuel supply agreements.
The arrangement has been institutionalised after a decision jointly taken by the Ministries of Power, Coal and Railways.
The move also impacts Railways’ allocation of rakes to its customers, creating a wagon shortage. Based on the Power Ministry’s recommendation, the Railways directed its sheds to prioritise the indents of the power sector between May 19 and June 30, which is peak summer demand. “This will hit loading of about 20 rakes a day from the total of 430-440 coal rakes a day,” a Railway Ministry official said.
While only a fraction of the rakes has been hit, the normal functioning of Railway customers such as aluminium producers have also been hit.
Samir Cairae, Chief Executive Officer of Diversified Metals – India at Vedanta Ltd, said they are getting only two of the eight rakes of coal committed to them for their aluminium business. “Last fiscal, we got 65 per cent of the annual contracted capacity,” he said.
Writes to PMO
In a letter to the PMO, the Indian Captive Power Producers Association noted that the coal supplied to IPPs rose by 8.1 per cent to 454 million tonnes (mt) in 2017-18 over 2016-17. But there the volume of coal supplied to the captive power producers during the same period has flatlined at 32 mt.
More coal supplies to IPPs will mean businesses can tap the spot power market for cheaper energy. But for aluminium players, here too, the going is not easy. Cairae said, “The power demand from aluminium units in Odisha alone stands at 9,000 MW. The grid in the State will not be able to supply that.”
But Steel Authority of India, another relatively lowly prioritised coal consumer, is not as worried. “We source 80 per cent of our coal through imports. As of now, we do not see any coal shortage,” a company official said.
The “short-term” reshuffling of the queue during the peak demand period has also raised concerns among other customers, including SAIL, who fear the “re-prioritisation” may become the norm. For coal transported from the sidings of Coal India, company officials said the allocation rejig will be assessed weekly and reworked as the supply eases.
Source: The Hindu Business Line
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Friday, 17 August 18
MALAYSIA'S MANJUNG 4 - WORLD COAL ASSOCIATION
According to the IEA’s Energy Access Outlook 2017 report, nearly all of those who gained access to electricity worldwide in the last 16 years ...
Thursday, 16 August 18
COAL PRODUCTION AT 37.11 PERCENT OF FULL-YEAR TARGET - THE JAKARTA POST
Indonesian coal production was recorded at 180 million tons on Wednesday, or 37.11 percent of the government’s 485 million target this year.
...
Thursday, 16 August 18
OIL MARKET HIGHLIGHTS - OPEC
Crude Oil Price Movements
In July, the OPEC Reference Basket increased marginally by 5¢ m-o-m to settle at $73.27/b. Oil futures saw mixed ...
Tuesday, 14 August 18
THE CAPESIZE MARKET HAS SHOWN A TREMENDOUS COURSE DURING THE PAST 12 MONTHS - THOMAS CHASAPIS
The Capesize market has shown a tremendous course during the past 12 months, having quickly climbed out of the “hole that it had found itself ...
Monday, 13 August 18
A 50,200 DWT FIXED DELIVERY SINGAPORE TRIP VIA INDONESIA REDELIVERY CHINA IN THE LOW $10,000S - THE BALTIC BRIEFING
Capesize
Expectations of a further push in the market were largely unfulfilled last week as rates come under pressure in Asia as the North Atla ...
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Showing 1646 to 1650 news of total 6871 |
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- Sree Jayajothi Cements Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indo Tambangraya Megah - Indonesia
- ICICI Bank Limited - India
- Siam City Cement - Thailand
- Romanian Commodities Exchange
- Rio Tinto Coal - Australia
- PetroVietnam Power Coal Import and Supply Company
- ASAPP Information Group - India
- Kepco SPC Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Cigading International Bulk Terminal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Sakthi Sugars Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Leighton Contractors Pty Ltd - Australia
- Karaikal Port Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Commonwealth Bank - Australia
- Riau Bara Harum - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Vizag Seaport Private Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Barasentosa Lestari - Indonesia
- Aditya Birla Group - India
- Kalimantan Lumbung Energi - Indonesia
- Kartika Selabumi Mining - Indonesia
- Iligan Light & Power Inc, Philippines
- Metalloyd Limited - United Kingdom
- SMC Global Power, Philippines
- IEA Clean Coal Centre - UK
- Africa Commodities Group - South Africa
- Malabar Cements Ltd - India
- Global Business Power Corporation, Philippines
- Siam City Cement PLC, Thailand
- CIMB Investment Bank - Malaysia
- Miang Besar Coal Terminal - Indonesia
- Uttam Galva Steels Limited - India
- Power Finance Corporation Ltd., India
- PowerSource Philippines DevCo
- Bharathi Cement Corporation - India
- Salva Resources Pvt Ltd - India
- The University of Queensland
- Mjunction Services Limited - India
- Heidelberg Cement - Germany
- Edison Trading Spa - Italy
- Lanco Infratech Ltd - India
- Energy Link Ltd, New Zealand
- Price Waterhouse Coopers - Russia
- Kapuas Tunggal Persada - Indonesia
- Grasim Industreis Ltd - India
- Xindia Steels Limited - India
- Gujarat Sidhee Cement - India
- IHS Mccloskey Coal Group - USA
- Bahari Cakrawala Sebuku - Indonesia
- Georgia Ports Authority, United States
- Asmin Koalindo Tuhup - Indonesia
- Electricity Generating Authority of Thailand
- SMG Consultants - Indonesia
- Mercator Lines Limited - India
- Electricity Authority, New Zealand
- Toyota Tsusho Corporation, Japan
- Maheswari Brothers Coal Limited - India
- Economic Council, Georgia
- Mercuria Energy - Indonesia
- Singapore Mercantile Exchange
- Star Paper Mills Limited - India
- Ind-Barath Power Infra Limited - India
- Interocean Group of Companies - India
- SN Aboitiz Power Inc, Philippines
- Minerals Council of Australia
- Gujarat Electricity Regulatory Commission - India
- Bukit Baiduri Energy - Indonesia
- Australian Coal Association
- Indogreen Group - Indonesia
- Ministry of Finance - Indonesia
- Globalindo Alam Lestari - Indonesia
- Coal and Oil Company - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Independent Power Producers Association of India
- Gujarat Mineral Development Corp Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Eastern Coal Council - USA
- GN Power Mariveles Coal Plant, Philippines
- Bangladesh Power Developement Board
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Australian Commodity Traders Exchange
- Agrawal Coal Company - India
- International Coal Ventures Pvt Ltd - India
- Thai Mozambique Logistica
- Bhatia International Limited - India
- Bhushan Steel Limited - India
- New Zealand Coal & Carbon
- Latin American Coal - Colombia
- PNOC Exploration Corporation - Philippines
- Rashtriya Ispat Nigam Limited - India
- Semirara Mining Corp, Philippines
- Cement Manufacturers Association - India
- Wood Mackenzie - Singapore
- Straits Asia Resources Limited - Singapore
- Deloitte Consulting - India
- Indian Oil Corporation Limited
- Therma Luzon, Inc, Philippines
- GMR Energy Limited - India
- Sindya Power Generating Company Private Ltd
- OPG Power Generation Pvt Ltd - India
- Wilmar Investment Holdings
- Kohat Cement Company Ltd. - Pakistan
- Central Electricity Authority - India
- Port Waratah Coal Services - Australia
- Coalindo Energy - Indonesia
- The Treasury - Australian Government
- Sojitz Corporation - Japan
- Central Java Power - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- London Commodity Brokers - England
- Indian Energy Exchange, India
- Billiton Holdings Pty Ltd - Australia
- Kobexindo Tractors - Indoneisa
- Trasteel International SA, Italy
- Makarim & Taira - Indonesia
- Altura Mining Limited, Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Merrill Lynch Commodities Europe
- PTC India Limited - India
- LBH Netherlands Bv - Netherlands
- MS Steel International - UAE
- GVK Power & Infra Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Sarangani Energy Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Bayan Resources Tbk. - Indonesia
- Kideco Jaya Agung - Indonesia
- Antam Resourcindo - Indonesia
- Essar Steel Hazira Ltd - India
- Borneo Indobara - Indonesia
- Binh Thuan Hamico - Vietnam
- Attock Cement Pakistan Limited
- Manunggal Multi Energi - Indonesia
- CNBM International Corporation - China
- Tamil Nadu electricity Board
- Savvy Resources Ltd - HongKong
- Larsen & Toubro Limited - India
- Alfred C Toepfer International GmbH - Germany
- Bukit Makmur.PT - Indonesia
- The State Trading Corporation of India Ltd
- Meralco Power Generation, Philippines
- Formosa Plastics Group - Taiwan
- Karbindo Abesyapradhi - Indoneisa
- Ceylon Electricity Board - Sri Lanka
- Medco Energi Mining Internasional
- Vedanta Resources Plc - India
- Dalmia Cement Bharat India
- Planning Commission, India
- Ministry of Mines - Canada
- Global Coal Blending Company Limited - Australia
- Kaltim Prima Coal - Indonesia
- Mintek Dendrill Indonesia
- South Luzon Thermal Energy Corporation
- Parry Sugars Refinery, India
- GAC Shipping (India) Pvt Ltd
- India Bulls Power Limited - India
- Aboitiz Power Corporation - Philippines
- McConnell Dowell - Australia
- Ambuja Cements Ltd - India
- Madhucon Powers Ltd - India
- Bhoruka Overseas - Indonesia
- Intertek Mineral Services - Indonesia
- White Energy Company Limited
- European Bulk Services B.V. - Netherlands
- Coastal Gujarat Power Limited - India
- Bulk Trading Sa - Switzerland
- Sical Logistics Limited - India
- Thiess Contractors Indonesia
- Posco Energy - South Korea
- VISA Power Limited - India
- Baramulti Group, Indonesia
- Renaissance Capital - South Africa
- Parliament of New Zealand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Indonesian Coal Mining Association
- Holcim Trading Pte Ltd - Singapore
- Orica Australia Pty. Ltd.
- Krishnapatnam Port Company Ltd. - India
- Kumho Petrochemical, South Korea
- Energy Development Corp, Philippines
- Sinarmas Energy and Mining - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Global Green Power PLC Corporation, Philippines
- Anglo American - United Kingdom
- Indika Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Eastern Energy - Thailand
- San Jose City I Power Corp, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Petron Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Simpson Spence & Young - Indonesia
- Marubeni Corporation - India
- Carbofer General Trading SA - India
- AsiaOL BioFuels Corp., Philippines
- Goldman Sachs - Singapore
- Pendopo Energi Batubara - Indonesia
- Directorate Of Revenue Intelligence - India
- Orica Mining Services - Indonesia
- Tata Chemicals Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Banpu Public Company Limited - Thailand
- Chamber of Mines of South Africa
- Jaiprakash Power Ventures ltd
- Ministry of Transport, Egypt
- Videocon Industries ltd - India
- Timah Investasi Mineral - Indoneisa
- Standard Chartered Bank - UAE
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