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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, 10 August 18
U.S. COAL PRODUCTION TO DECLINE BY 1.8% IN 2019 BECAUSE COAL EXPORTS AND COAL CONSUMPTION ARE BOTH FORECAST TO DECREASE - EIA
EIA forecasts U.S. coal production will decline by 1.1% to 766 million short tons (MMst) in 2018 despite a 5.7% (6 MMst) increase in coal exports.
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Thursday, 09 August 18
RIO TINTO COMPLETES SALE OF REMAINING COAL ASSETS
Rio Tinto has completed the sale of its remaining coal assets in Queensland, Australia, for $3.95 billion.
According to a noted post ...
Wednesday, 08 August 18
CHINA DEMANDS PREMIUM IRON ORE, COAL; MINERS MIXED IMPACT - FITCH RATINGS
China’s stricter environmental regulations and structural changes in its steelmaking industry boosts ongoing demand for high-quality iron ore ...
Wednesday, 08 August 18
SHIPPING MARKET INSIGHT - CHRISTOPHER WHITTY
Singapore's shipyard business has evolved over the decades, from shipbuilding and repairs to rig building. It's now evolving again, to cate ...
Friday, 03 August 18
PHEW! ASIA, EUROPE HEATWAVE PUSHES AUSTRALIA COAL PRICES TO 6-YEAR HIGH: REUTERS
Australian thermal coal prices have hit fresh six-year highs as a heatwave across the northern hemisphere has triggered a spike in demand for coal- ...
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- Bukit Makmur.PT - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- PNOC Exploration Corporation - Philippines
- Metalloyd Limited - United Kingdom
- IHS Mccloskey Coal Group - USA
- London Commodity Brokers - England
- Eastern Coal Council - USA
- Kideco Jaya Agung - Indonesia
- Sarangani Energy Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Formosa Plastics Group - Taiwan
- The State Trading Corporation of India Ltd
- Vijayanagar Sugar Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Indogreen Group - Indonesia
- Coal and Oil Company - UAE
- Vizag Seaport Private Limited - India
- Salva Resources Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Kaltim Prima Coal - Indonesia
- Ministry of Mines - Canada
- SMC Global Power, Philippines
- Attock Cement Pakistan Limited
- Directorate Of Revenue Intelligence - India
- Sojitz Corporation - Japan
- Toyota Tsusho Corporation, Japan
- Sree Jayajothi Cements Limited - India
- Eastern Energy - Thailand
- Mercuria Energy - Indonesia
- Trasteel International SA, Italy
- Madhucon Powers Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Orica Mining Services - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Kartika Selabumi Mining - Indonesia
- Dalmia Cement Bharat India
- Interocean Group of Companies - India
- Parry Sugars Refinery, India
- Posco Energy - South Korea
- Planning Commission, India
- PTC India Limited - India
- Riau Bara Harum - Indonesia
- Electricity Authority, New Zealand
- Antam Resourcindo - Indonesia
- Petron Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Renaissance Capital - South Africa
- Cement Manufacturers Association - India
- Minerals Council of Australia
- Port Waratah Coal Services - Australia
- Thai Mozambique Logistica
- Mintek Dendrill Indonesia
- Central Electricity Authority - India
- Asmin Koalindo Tuhup - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Rio Tinto Coal - Australia
- Iligan Light & Power Inc, Philippines
- European Bulk Services B.V. - Netherlands
- Energy Link Ltd, New Zealand
- Wilmar Investment Holdings
- White Energy Company Limited
- Savvy Resources Ltd - HongKong
- Thiess Contractors Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- New Zealand Coal & Carbon
- Larsen & Toubro Limited - India
- Leighton Contractors Pty Ltd - Australia
- India Bulls Power Limited - India
- Standard Chartered Bank - UAE
- Timah Investasi Mineral - Indoneisa
- Central Java Power - Indonesia
- Merrill Lynch Commodities Europe
- Baramulti Group, Indonesia
- Bhoruka Overseas - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Economic Council, Georgia
- South Luzon Thermal Energy Corporation
- Pipit Mutiara Jaya. PT, Indonesia
- Meralco Power Generation, Philippines
- Bayan Resources Tbk. - Indonesia
- Indika Energy - Indonesia
- SMG Consultants - Indonesia
- Star Paper Mills Limited - India
- Ceylon Electricity Board - Sri Lanka
- Jorong Barutama Greston.PT - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Kumho Petrochemical, South Korea
- Cigading International Bulk Terminal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Singapore Mercantile Exchange
- Ambuja Cements Ltd - India
- Mercator Lines Limited - India
- Commonwealth Bank - Australia
- Africa Commodities Group - South Africa
- Bukit Asam (Persero) Tbk - Indonesia
- Wood Mackenzie - Singapore
- The University of Queensland
- Borneo Indobara - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Edison Trading Spa - Italy
- Goldman Sachs - Singapore
- Barasentosa Lestari - Indonesia
- Xindia Steels Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Bukit Baiduri Energy - Indonesia
- ICICI Bank Limited - India
- Ind-Barath Power Infra Limited - India
- Alfred C Toepfer International GmbH - Germany
- Kepco SPC Power Corporation, Philippines
- Orica Australia Pty. Ltd.
- Sakthi Sugars Limited - India
- Binh Thuan Hamico - Vietnam
- Billiton Holdings Pty Ltd - Australia
- Bharathi Cement Corporation - India
- Meenaskhi Energy Private Limited - India
- Ministry of Transport, Egypt
- Oldendorff Carriers - Singapore
- Uttam Galva Steels Limited - India
- GAC Shipping (India) Pvt Ltd
- Anglo American - United Kingdom
- Indonesian Coal Mining Association
- McConnell Dowell - Australia
- Chamber of Mines of South Africa
- Siam City Cement - Thailand
- Australian Coal Association
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Coal Blending Company Limited - Australia
- Grasim Industreis Ltd - India
- Altura Mining Limited, Indonesia
- Mjunction Services Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- GN Power Mariveles Coal Plant, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Global Business Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Sinarmas Energy and Mining - Indonesia
- San Jose City I Power Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- Marubeni Corporation - India
- Aditya Birla Group - India
- Samtan Co., Ltd - South Korea
- IEA Clean Coal Centre - UK
- PowerSource Philippines DevCo
- Karaikal Port Pvt Ltd - India
- The Treasury - Australian Government
- Heidelberg Cement - Germany
- Rashtriya Ispat Nigam Limited - India
- AsiaOL BioFuels Corp., Philippines
- Australian Commodity Traders Exchange
- Bangladesh Power Developement Board
- Sical Logistics Limited - India
- Semirara Mining Corp, Philippines
- Gujarat Mineral Development Corp Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Siam City Cement PLC, Thailand
- Semirara Mining and Power Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Power Finance Corporation Ltd., India
- Intertek Mineral Services - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- OPG Power Generation Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- MS Steel International - UAE
- Indian Oil Corporation Limited
- Bhushan Steel Limited - India
- Carbofer General Trading SA - India
- Therma Luzon, Inc, Philippines
- Latin American Coal - Colombia
- Electricity Generating Authority of Thailand
- Georgia Ports Authority, United States
- Romanian Commodities Exchange
- Straits Asia Resources Limited - Singapore
- Indian Energy Exchange, India
- Lanco Infratech Ltd - India
- Parliament of New Zealand
- Kohat Cement Company Ltd. - Pakistan
- Maheswari Brothers Coal Limited - India
- Malabar Cements Ltd - India
- Tata Chemicals Ltd - India
- Deloitte Consulting - India
- Jaiprakash Power Ventures ltd
- Tamil Nadu electricity Board
- Energy Development Corp, Philippines
- Simpson Spence & Young - Indonesia
- Makarim & Taira - Indonesia
- Agrawal Coal Company - India
- Vedanta Resources Plc - India
- Pendopo Energi Batubara - Indonesia
- Aboitiz Power Corporation - Philippines
- ASAPP Information Group - India
- CNBM International Corporation - China
- CIMB Investment Bank - Malaysia
- Banpu Public Company Limited - Thailand
- SN Aboitiz Power Inc, Philippines
- Price Waterhouse Coopers - Russia
- GMR Energy Limited - India
- Videocon Industries ltd - India
- Coastal Gujarat Power Limited - India
- Jindal Steel & Power Ltd - India
- Essar Steel Hazira Ltd - India
- Independent Power Producers Association of India
- Globalindo Alam Lestari - Indonesia
- Coalindo Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- Medco Energi Mining Internasional
- GVK Power & Infra Limited - India
- TeaM Sual Corporation - Philippines
- Gujarat Sidhee Cement - India
- Bhatia International Limited - India
- Ministry of Finance - Indonesia
- VISA Power Limited - India
- Kapuas Tunggal Persada - Indonesia
- Chettinad Cement Corporation Ltd - India
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