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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, 18 May 18
INDONESIA'S SAMARINDA ANCHORAGE COAL LOADING ACTIVITIES WERE RESUMED YESTERDAY AT 4PM LOCAL TIME
Samarinda Anchorage coal loading activities were resumed yesterday at 4PM local time.
Local fishermen in Samarinda Anchorage have been demonst ...
Wednesday, 16 May 18
SHIPPING MARKET INSIGHT - GEORGE ILIOPOULOS
Half-way through the second quarter of the year and as the Posidonia week approaches everyone is getting ready for this unique gathering that besid ...
Thursday, 10 May 18
PRIVATE POWER PRODUCERS NEED A 'POWERFUL PUSH' - PRADEEP MITTAL
- PLF of the Private Sector in the country (Coal and Lignite based) for FY 2017-18 (till Dec 2017) is 56%.
- 51 GW of stressed assets (Thermal &a ...
Tuesday, 08 May 18
BUMA SIGNED OVER US$1 BILLION WORTH OF NEW CONTRACT WITH PT INDONESIA PRATAMA
PT Delta Dunia Makmur Tbk. announced that its subsidiary, PT Bukit Makmur Mandiri Utama, has entered into mining services contracts with PT Indones ...
Monday, 07 May 18
BENCHMARK PRICE OF INDONESIAN THERMAL COAL DROPPED BACK BELOW $90 A TON THIS MONTH
COALspot.com: According to latest ministerial decree No. 1812 K/30/MEM/2018 dated 3 May 2018, the Indonesian Coal Price Reference (HBA) decline 5.5 ...
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Showing 1721 to 1725 news of total 6871 |
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- Sical Logistics Limited - India
- Borneo Indobara - Indonesia
- Electricity Authority, New Zealand
- PNOC Exploration Corporation - Philippines
- New Zealand Coal & Carbon
- South Luzon Thermal Energy Corporation
- Africa Commodities Group - South Africa
- Global Business Power Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Central Java Power - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- SN Aboitiz Power Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Formosa Plastics Group - Taiwan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- The Treasury - Australian Government
- Thai Mozambique Logistica
- GVK Power & Infra Limited - India
- Electricity Generating Authority of Thailand
- Gujarat Electricity Regulatory Commission - India
- Indogreen Group - Indonesia
- Petron Corporation, Philippines
- Antam Resourcindo - Indonesia
- Chettinad Cement Corporation Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Dalmia Cement Bharat India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sinarmas Energy and Mining - Indonesia
- Energy Development Corp, Philippines
- Sarangani Energy Corporation, Philippines
- Interocean Group of Companies - India
- Kartika Selabumi Mining - Indonesia
- Essar Steel Hazira Ltd - India
- Orica Mining Services - Indonesia
- Iligan Light & Power Inc, Philippines
- Bulk Trading Sa - Switzerland
- Timah Investasi Mineral - Indoneisa
- Salva Resources Pvt Ltd - India
- India Bulls Power Limited - India
- Jindal Steel & Power Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Maharashtra Electricity Regulatory Commission - India
- Mjunction Services Limited - India
- Maheswari Brothers Coal Limited - India
- OPG Power Generation Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sree Jayajothi Cements Limited - India
- London Commodity Brokers - England
- Indonesian Coal Mining Association
- Australian Coal Association
- Standard Chartered Bank - UAE
- Ceylon Electricity Board - Sri Lanka
- Straits Asia Resources Limited - Singapore
- Indo Tambangraya Megah - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Energy Link Ltd, New Zealand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Aditya Birla Group - India
- Kideco Jaya Agung - Indonesia
- Mintek Dendrill Indonesia
- PTC India Limited - India
- Bhushan Steel Limited - India
- Edison Trading Spa - Italy
- Vizag Seaport Private Limited - India
- Global Coal Blending Company Limited - Australia
- Agrawal Coal Company - India
- Bukit Asam (Persero) Tbk - Indonesia
- IEA Clean Coal Centre - UK
- Central Electricity Authority - India
- European Bulk Services B.V. - Netherlands
- Bayan Resources Tbk. - Indonesia
- LBH Netherlands Bv - Netherlands
- International Coal Ventures Pvt Ltd - India
- Indian Energy Exchange, India
- Kapuas Tunggal Persada - Indonesia
- Orica Australia Pty. Ltd.
- Rashtriya Ispat Nigam Limited - India
- Australian Commodity Traders Exchange
- Kobexindo Tractors - Indoneisa
- Kepco SPC Power Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- ICICI Bank Limited - India
- Sojitz Corporation - Japan
- ASAPP Information Group - India
- Coalindo Energy - Indonesia
- Larsen & Toubro Limited - India
- Heidelberg Cement - Germany
- Billiton Holdings Pty Ltd - Australia
- Wilmar Investment Holdings
- Petrochimia International Co. Ltd.- Taiwan
- Latin American Coal - Colombia
- Attock Cement Pakistan Limited
- VISA Power Limited - India
- Chamber of Mines of South Africa
- Mercator Lines Limited - India
- San Jose City I Power Corp, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Leighton Contractors Pty Ltd - Australia
- Karbindo Abesyapradhi - Indoneisa
- Siam City Cement PLC, Thailand
- Binh Thuan Hamico - Vietnam
- Marubeni Corporation - India
- Singapore Mercantile Exchange
- Siam City Cement - Thailand
- The State Trading Corporation of India Ltd
- Ambuja Cements Ltd - India
- Eastern Coal Council - USA
- Holcim Trading Pte Ltd - Singapore
- Tata Chemicals Ltd - India
- Simpson Spence & Young - Indonesia
- Medco Energi Mining Internasional
- TeaM Sual Corporation - Philippines
- Directorate Of Revenue Intelligence - India
- Gujarat Mineral Development Corp Ltd - India
- Indika Energy - Indonesia
- Therma Luzon, Inc, Philippines
- Oldendorff Carriers - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Coastal Gujarat Power Limited - India
- IHS Mccloskey Coal Group - USA
- Eastern Energy - Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Grasim Industreis Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Parry Sugars Refinery, India
- Coal and Oil Company - UAE
- Rio Tinto Coal - Australia
- SMG Consultants - Indonesia
- PowerSource Philippines DevCo
- Savvy Resources Ltd - HongKong
- Toyota Tsusho Corporation, Japan
- Aboitiz Power Corporation - Philippines
- Altura Mining Limited, Indonesia
- Uttam Galva Steels Limited - India
- Ministry of Finance - Indonesia
- Videocon Industries ltd - India
- Bukit Baiduri Energy - Indonesia
- Kumho Petrochemical, South Korea
- Mercuria Energy - Indonesia
- Makarim & Taira - Indonesia
- Bangladesh Power Developement Board
- Romanian Commodities Exchange
- AsiaOL BioFuels Corp., Philippines
- Sindya Power Generating Company Private Ltd
- McConnell Dowell - Australia
- Miang Besar Coal Terminal - Indonesia
- Meralco Power Generation, Philippines
- Jaiprakash Power Ventures ltd
- Parliament of New Zealand
- Ministry of Transport, Egypt
- Ministry of Mines - Canada
- Kaltim Prima Coal - Indonesia
- Karaikal Port Pvt Ltd - India
- Trasteel International SA, Italy
- Price Waterhouse Coopers - Russia
- MS Steel International - UAE
- Banpu Public Company Limited - Thailand
- Malabar Cements Ltd - India
- Samtan Co., Ltd - South Korea
- Neyveli Lignite Corporation Ltd, - India
- Bhatia International Limited - India
- Port Waratah Coal Services - Australia
- Power Finance Corporation Ltd., India
- Sakthi Sugars Limited - India
- Anglo American - United Kingdom
- Tamil Nadu electricity Board
- Independent Power Producers Association of India
- Ind-Barath Power Infra Limited - India
- Goldman Sachs - Singapore
- Economic Council, Georgia
- Semirara Mining Corp, Philippines
- The University of Queensland
- Renaissance Capital - South Africa
- GMR Energy Limited - India
- Deloitte Consulting - India
- Pendopo Energi Batubara - Indonesia
- SMC Global Power, Philippines
- CNBM International Corporation - China
- Semirara Mining and Power Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Globalindo Alam Lestari - Indonesia
- Madhucon Powers Ltd - India
- Posco Energy - South Korea
- Bukit Makmur.PT - Indonesia
- Xindia Steels Limited - India
- Indian Oil Corporation Limited
- Vedanta Resources Plc - India
- Barasentosa Lestari - Indonesia
- Gujarat Sidhee Cement - India
- GN Power Mariveles Coal Plant, Philippines
- White Energy Company Limited
- Bhoruka Overseas - Indonesia
- Metalloyd Limited - United Kingdom
- Lanco Infratech Ltd - India
- Merrill Lynch Commodities Europe
- Thiess Contractors Indonesia
- Carbofer General Trading SA - India
- CIMB Investment Bank - Malaysia
- Bharathi Cement Corporation - India
- Minerals Council of Australia
- Commonwealth Bank - Australia
- Manunggal Multi Energi - Indonesia
- Planning Commission, India
- Georgia Ports Authority, United States
- Baramulti Group, Indonesia
- Cement Manufacturers Association - India
- Wood Mackenzie - Singapore
- Meenaskhi Energy Private Limited - India
- Global Green Power PLC Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Star Paper Mills Limited - India
- Riau Bara Harum - Indonesia
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