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Thursday, 23 January 20
COAL-BASED ELECTRICITY GENERATION SURGES 95% IN 2019 - PROFIT PAKISTAN TODAY
Coal-based power generation jumped 94.5 percent to 2,030 Gigawatt hours (GWh) in the year to November 2019, taking its share in the country’s energy mix to 27 percent, thanks to China Power Hub Generation and Engro Powergen Thar project.
China Power Hub Generation Company (CPHGC) set up a 1,320-megawatt plant at a cost of $2 billion at Hub, Balochistan, under the China-Pakistan Economic Corridor (CPEC).
The imported coal-fired power plant started commercial operations by supplying power to the national grid station in August 2019. The Engro Powergen Thar project of 660MW, set up at an estimated cost of $1.1 billion, operational in July 2019.
China is investing in 21 energy projects under the CPEC, a flagship project under the larger Belt and Road Initiative. The majority of this investment has gone into coal power generation.
According to data released by National Electric Power Regulatory Authority (NEPRA) the other day said overall electricity generation clocked in at 7,434GWh (10,325 MW) during November 2019, compared to 7,546GWh (10,480 MW) in the same month of 2018. Major contributors during the month were hydel, coal, nuclear, gas and RLNG (regasified liquefied natural gas). On yearly basis, coal-based power generation increased by 95 percent followed by 13 percent rise in hydel-based generation. However, gas and RLNG based generation went down by 54 percent and 47 percent, respectively.
There was zero generation on furnace oil, which is the most expensive source for power generation. Similarly bagasse-based cost of generation also went down by 11.4 percent to Rs5.5/KWh.
On the other hand, hydel-based power generation went up 13.1 percent year-on-year to 2,900GWh, nuclear-based increased 4.6 percent year-on-year to 858GWh, wind-based power was up 19.7 percent to 152GWh, while solar-based power generation inched up 2.4 percent to 49GWh.
Source: Profit Pakistan Today
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Friday, 06 September 24
REBOUND IN OIL DEMAND COULD LIFT MARKET IN LATTER HALF OF 2024 - BIMCO
Supply/demand
Based on a strong second half demand, the supply/balance is forecast to strengthen in 2024 but weaken slightly in 2025 as n ...
Friday, 06 September 24
GLOBAL SEABORNE LNG TRADE HAS CONTINUED TO INCREASE LAST YEAR - BANCHERO COSTA
Global seaborne LNG trade has continued to increase last year, helped also by the events in Ukraine which forced Europe to diversify away from Russ ...
Wednesday, 28 August 24
SEABORNE COAL IMPORTS INTO INDIA INCREASED BY +9.9% Y-O-Y TO 146.6 MLN T - BANCHERO COSTA
Global coal trade has really picked up pace over the past year, and is now fully back to pre-Covid levels said Banchero Costa Research in its lates ...
Tuesday, 06 August 24
EXERCISE CAUTION WITH AMMONIA SWITCH - BALTIC EXCHANGE
A new study from the Massachusetts Institute of Technology (MIT) has thrown a spanner into the plan to transition ships from diesel fuel to ammonia ...
Friday, 02 August 24
ENERGY MARKET DEVELOPMENTS: COAL AND NATURAL GAS PRICES REACH RECORD HIGHS - WORLD BANK
The recent surge in natural gas and coal prices has been so swift that the main benchmarks were roughly three times higher in 2022Q2 compared to a ...
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- GAC Shipping (India) Pvt Ltd
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- Economic Council, Georgia
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- Marubeni Corporation - India
- Vizag Seaport Private Limited - India
- San Jose City I Power Corp, Philippines
- Essar Steel Hazira Ltd - India
- International Coal Ventures Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Price Waterhouse Coopers - Russia
- Chamber of Mines of South Africa
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- Coal and Oil Company - UAE
- PetroVietnam Power Coal Import and Supply Company
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- Meenaskhi Energy Private Limited - India
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- Power Finance Corporation Ltd., India
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- Latin American Coal - Colombia
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- Samtan Co., Ltd - South Korea
- Commonwealth Bank - Australia
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- Eastern Energy - Thailand
- Savvy Resources Ltd - HongKong
- The Treasury - Australian Government
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- Bhatia International Limited - India
- Electricity Authority, New Zealand
- Agrawal Coal Company - India
- Indika Energy - Indonesia
- Meralco Power Generation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Ministry of Mines - Canada
- Krishnapatnam Port Company Ltd. - India
- Gujarat Electricity Regulatory Commission - India
- The University of Queensland
- Banpu Public Company Limited - Thailand
- Sindya Power Generating Company Private Ltd
- Globalindo Alam Lestari - Indonesia
- Karaikal Port Pvt Ltd - India
- Rio Tinto Coal - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Medco Energi Mining Internasional
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- Wilmar Investment Holdings
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- Dalmia Cement Bharat India
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- India Bulls Power Limited - India
- PowerSource Philippines DevCo
- Directorate General of MIneral and Coal - Indonesia
- New Zealand Coal & Carbon
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- White Energy Company Limited
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- Mercuria Energy - Indonesia
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- Offshore Bulk Terminal Pte Ltd, Singapore
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- SN Aboitiz Power Inc, Philippines
- ICICI Bank Limited - India
- IEA Clean Coal Centre - UK
- Standard Chartered Bank - UAE
- Romanian Commodities Exchange
- Ambuja Cements Ltd - India
- Port Waratah Coal Services - Australia
- Australian Coal Association
- Indonesian Coal Mining Association
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