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Thursday, 10 October 19
THERMAL COAL IMPORT LIKELY TO CROSS 200 MT IN 2019-20 - TIME OF INDIA
The country's overall thermal coal import is likely to cross the 200-million tonnes (MT) mark in the current financial year, according to Icra.
"Thermal coal imports expected to cross 200 MT in FY2020," Icra said in a statement on Monday.
Coal India Ltd's (CIL) production might fall short of its 2019-20 target of 660 million tonne (MT) by around 55-75 MT, Icra .
CIL registered a year-on-year (y-o-y) decline of 23.5 per cent in production in September, as operations were impacted by labour issues and flooding of key mines due to heavy rains.
In the first half of the current financial year, CIL's coal production witnessed a fall of 6 per cent y-o-y, in stark contrast to the healthy production growth of 7 per cent achieved in 2018-19.
"Thus, in order to achieve the targeted annual coal production or come anywhere close to the annual guidance of 660 MT and, given the first half slippages, CIL would have to step up to an average run rate of 2.3 MT coal production per day for the rest of the year," it said.
This looks an unlikely task, given that in recent times, the central miner has been able to briefly sustain at the two million tonnes per day average coal production rate only in the months of March 2018 and March 2019, it said.
Consequently, fully recovering the lost ground during the second half would be challenging, it added.
As Coal India Ltd attempts to make up for the lost volumes in the second half, the power sector is expected to be a much larger beneficiary of the incremental supplies, given that it gets higher priority over supplies to the non-regulated sector, it said.
Consequently, imports by the non-regulated sector are expected to remain elevated for the year as well.
"Given CIL's lacklustre first half performance, coal stocks at domestic thermal power plants have steadily depleted from 33 million tonne at the end of May 2019 to around 22 million tonne at the end of September 2019," Jayanta Roy, senior vice-president and group head (corporate sector ratings), ICRA, said.
Since power plants in the northern region contributed around 50 per cent of this inventory run-down, they would be more vulnerable if the ongoing production shortage persists, Roy said
"Mirroring the lower coal despatches, generation from coal-based thermal power plants fell by 4.0 per cent y-o-y in August 2019, and by a steeper 10.6 per cent y-o-y in September 2019," Roy added
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Sunday, 29 December 19
AUSTRALIA SUFFERS WORST OF CHINA'S COAL CURBS AFTER EARLIER BOOM - BLOOMBERG
Australia is bearing the brunt of China’s year-end coal import restrictions, ceding market share to other exporters including Russia and Mong ...
Saturday, 28 December 19
SUPRAMAX: A 63,000DWT VESSEL, OPEN CIGADING, FIXED A TRIP VIA INDONESIA, REDELIVERY WEST COAST INDIA, AT $8,500 - BALTIC BRIEFING
Capesize
The Capesize market this past week has been attempting to recalibrate itself in consideration of weakening freight levels and increasing ...
Saturday, 28 December 19
CHINESE INDUSTRIAL CITY TO FURTHER CUT COAL CONSUMPTION - XINHUA
Harbin, capital city of Heilongjiang Province in China’s northeastern industrial heartland, is planning to further reduce its coal consumptio ...
Friday, 27 December 19
MISERY LOOMS OVER TOP COAL SHIPPERS AS CHINA TO BUY LESS IN 2020 BLOOMBERG
China isn’t cutting back on consumption of the most-polluting fossil fuel just yet, but it is set to reduce imports.
The world ...
Thursday, 26 December 19
REVIEW OF 2019 AND OUTLOOK FOR 2020 - OPEC
Global economic growth slowed in 2019, impacted by a variety of challenges. Trade issues not only led to reduction in global final consumption but ...
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Showing 1221 to 1225 news of total 6871 |
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- Global Business Power Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Sinarmas Energy and Mining - Indonesia
- Toyota Tsusho Corporation, Japan
- GMR Energy Limited - India
- White Energy Company Limited
- Formosa Plastics Group - Taiwan
- Bukit Baiduri Energy - Indonesia
- Latin American Coal - Colombia
- Heidelberg Cement - Germany
- Ind-Barath Power Infra Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Indogreen Group - Indonesia
- International Coal Ventures Pvt Ltd - India
- Singapore Mercantile Exchange
- TNB Fuel Sdn Bhd - Malaysia
- Eastern Energy - Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Green Power PLC Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Orica Mining Services - Indonesia
- Vedanta Resources Plc - India
- Savvy Resources Ltd - HongKong
- Parry Sugars Refinery, India
- Bhatia International Limited - India
- Ministry of Transport, Egypt
- Indian Oil Corporation Limited
- Gujarat Mineral Development Corp Ltd - India
- Africa Commodities Group - South Africa
- Straits Asia Resources Limited - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Parliament of New Zealand
- Bangladesh Power Developement Board
- Barasentosa Lestari - Indonesia
- Sical Logistics Limited - India
- European Bulk Services B.V. - Netherlands
- Star Paper Mills Limited - India
- Makarim & Taira - Indonesia
- Tamil Nadu electricity Board
- Leighton Contractors Pty Ltd - Australia
- Borneo Indobara - Indonesia
- Rio Tinto Coal - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Antam Resourcindo - Indonesia
- GVK Power & Infra Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Central Electricity Authority - India
- IHS Mccloskey Coal Group - USA
- Dalmia Cement Bharat India
- Karbindo Abesyapradhi - Indoneisa
- Carbofer General Trading SA - India
- Pipit Mutiara Jaya. PT, Indonesia
- Gujarat Electricity Regulatory Commission - India
- Coalindo Energy - Indonesia
- Anglo American - United Kingdom
- ASAPP Information Group - India
- Karaikal Port Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Xindia Steels Limited - India
- Larsen & Toubro Limited - India
- Indian Energy Exchange, India
- Standard Chartered Bank - UAE
- Directorate Of Revenue Intelligence - India
- MS Steel International - UAE
- Electricity Generating Authority of Thailand
- AsiaOL BioFuels Corp., Philippines
- Indika Energy - Indonesia
- Medco Energi Mining Internasional
- SMG Consultants - Indonesia
- Deloitte Consulting - India
- Kobexindo Tractors - Indoneisa
- Bharathi Cement Corporation - India
- Pendopo Energi Batubara - Indonesia
- Vizag Seaport Private Limited - India
- Petron Corporation, Philippines
- Salva Resources Pvt Ltd - India
- India Bulls Power Limited - India
- Bukit Makmur.PT - Indonesia
- South Luzon Thermal Energy Corporation
- Ministry of Finance - Indonesia
- Kartika Selabumi Mining - Indonesia
- Manunggal Multi Energi - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Grasim Industreis Ltd - India
- LBH Netherlands Bv - Netherlands
- Oldendorff Carriers - Singapore
- Thai Mozambique Logistica
- Interocean Group of Companies - India
- Kepco SPC Power Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- CIMB Investment Bank - Malaysia
- Merrill Lynch Commodities Europe
- CNBM International Corporation - China
- Sojitz Corporation - Japan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Minerals Council of Australia
- The University of Queensland
- Kumho Petrochemical, South Korea
- Power Finance Corporation Ltd., India
- Electricity Authority, New Zealand
- Energy Development Corp, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Aboitiz Power Corporation - Philippines
- Baramulti Group, Indonesia
- San Jose City I Power Corp, Philippines
- Asmin Koalindo Tuhup - Indonesia
- ICICI Bank Limited - India
- Krishnapatnam Port Company Ltd. - India
- Marubeni Corporation - India
- Central Java Power - Indonesia
- Energy Link Ltd, New Zealand
- Gujarat Sidhee Cement - India
- Edison Trading Spa - Italy
- Sarangani Energy Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Iligan Light & Power Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Price Waterhouse Coopers - Russia
- Mjunction Services Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Wood Mackenzie - Singapore
- GAC Shipping (India) Pvt Ltd
- Neyveli Lignite Corporation Ltd, - India
- Ceylon Electricity Board - Sri Lanka
- The State Trading Corporation of India Ltd
- Mintek Dendrill Indonesia
- Coastal Gujarat Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Mercuria Energy - Indonesia
- Posco Energy - South Korea
- Chamber of Mines of South Africa
- Bhoruka Overseas - Indonesia
- Indonesian Coal Mining Association
- Altura Mining Limited, Indonesia
- Goldman Sachs - Singapore
- Global Coal Blending Company Limited - Australia
- Semirara Mining and Power Corporation, Philippines
- SMC Global Power, Philippines
- Coal and Oil Company - UAE
- Orica Australia Pty. Ltd.
- Intertek Mineral Services - Indonesia
- Aditya Birla Group - India
- Siam City Cement PLC, Thailand
- Cement Manufacturers Association - India
- Jindal Steel & Power Ltd - India
- PTC India Limited - India
- Planning Commission, India
- Therma Luzon, Inc, Philippines
- Georgia Ports Authority, United States
- Ambuja Cements Ltd - India
- Semirara Mining Corp, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Wilmar Investment Holdings
- Lanco Infratech Ltd - India
- Chettinad Cement Corporation Ltd - India
- Thiess Contractors Indonesia
- Tata Chemicals Ltd - India
- VISA Power Limited - India
- Samtan Co., Ltd - South Korea
- Indo Tambangraya Megah - Indonesia
- Australian Commodity Traders Exchange
- PNOC Exploration Corporation - Philippines
- Siam City Cement - Thailand
- Australian Coal Association
- Kapuas Tunggal Persada - Indonesia
- Port Waratah Coal Services - Australia
- Maheswari Brothers Coal Limited - India
- Romanian Commodities Exchange
- PowerSource Philippines DevCo
- The Treasury - Australian Government
- Metalloyd Limited - United Kingdom
- Madhucon Powers Ltd - India
- Simpson Spence & Young - Indonesia
- Economic Council, Georgia
- Videocon Industries ltd - India
- Binh Thuan Hamico - Vietnam
- TeaM Sual Corporation - Philippines
- IEA Clean Coal Centre - UK
- Ministry of Mines - Canada
- McConnell Dowell - Australia
- Agrawal Coal Company - India
- Independent Power Producers Association of India
- Malabar Cements Ltd - India
- Timah Investasi Mineral - Indoneisa
- Bulk Trading Sa - Switzerland
- Bhushan Steel Limited - India
- Renaissance Capital - South Africa
- Essar Steel Hazira Ltd - India
- Kaltim Prima Coal - Indonesia
- Attock Cement Pakistan Limited
- Commonwealth Bank - Australia
- Trasteel International SA, Italy
- Globalindo Alam Lestari - Indonesia
- Meralco Power Generation, Philippines
- Kideco Jaya Agung - Indonesia
- London Commodity Brokers - England
- Alfred C Toepfer International GmbH - Germany
- Eastern Coal Council - USA
- Cigading International Bulk Terminal - Indonesia
- Uttam Galva Steels Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Mercator Lines Limited - India
- New Zealand Coal & Carbon
- Meenaskhi Energy Private Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Riau Bara Harum - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Sakthi Sugars Limited - India
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