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Sunday, 15 March 20
CAPTIVE COAL OUTPUT RISES 19% IN APRIL-FEBRUARY - FINANCIAL EXPRESS
Coal production from captive mines in the first eleven months of the ongoing fiscal have increased by 18.8% year-on-year (y-o-y) to 51.7 million tonne (MT) from the corresponding period in FY19. However, about 53% of the output came from coal blocks which were not cancelled by the Supreme Court in its September 2014 order.
The apex court had then cancelled 204 out of 218 captive coal block licences, saying that these had been allocated in an illegal and arbitrary manner. After the Supreme Court ruling, 36 coal mines has been auctioned so far. The Rajya Sabha on Thursday passed The Mineral Laws (Amendment) Bill, 2020, which removes end-use restrictions in coal blocks to be put up for auctions, essentially ending the practice of captive mining and allowing coal mine developers to sell the fuel to consumers in the open market.
The union government in January had issued the ordinance for the same, along with amendments to the MMDR Act 1957 and the CMSP Act 2015 have also been amended to allocate coal blocks for composite prospecting licence-cum-mining lease to make it more attractive for commercial mining.
The new edicts will come into force after the President’s assent and is seen to to put an end to the long-held monopoly of public-sector behemoth Coal India (CIL).
Production by CIL declined 1.9% annually to 517.8 million tonne (MT) in the first eleven months of FY20, mainly due to excessive rains hampering mining operations during the monsoons earlier this year. Law and order issues in some major mines and several employee union strikes after the Cabinet’s February 2019 decision to ease mining norms for private companies also hampered the world’s largest miner’s production.
The drop in CIL production in the fiscal would have been much lower had it not recorded a 14.2% annual rise in its February output. The coal production scenario has improved at least from the November, 2019 levels, when CIL output was lower by 7.8% year-on-year (y-o-y).
Source: Financial Express
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Wednesday, 25 March 20
CORONAVIRUS CRISIS IS CRUSHING GLOBAL GDP GROWTH - FITCH RATINGS
The coronavirus crisis is crushing global GDP growth according to Fitch Ratings in its latest quarterly “Global Economic Outlook” (GEO) ...
Wednesday, 25 March 20
MARKET INSIGHT - INTERMODAL
There is no doubt that the Covid-19 pandemic crisis is a world-shattering event that will change the world as we know it. Societies are facing chal ...
Wednesday, 25 March 20
INDONESIA TO CANCEL RULES REQUIRING DOMESTIC SHIPS FOR COAL, PALM EXPORTS : REFINITIV
Indonesia's government will revoke rules requiring exporters of coal and palm oil to use domestic shipping companies for shipments, Coordinatin ...
Wednesday, 25 March 20
JAN-FEB 2020, INDONESIA SHIPPED 64.5 MLN TONNES OF COAL, UP +3.4% YOY - BANCHERO COSTA
In the 12 months of calendar 2019, Indonesia exported 386.4 mln tonnes of coal, according to vessel tracking data from Refinitiv. This represents a ...
Tuesday, 24 March 20
MARKET ANALYSIS - ALLIED
As countries around the world struggle to take back control of the ongoing COVID-19 pandemic the global economy shuts down bit by bit, leaving only ...
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- Ceylon Electricity Board - Sri Lanka
- Africa Commodities Group - South Africa
- Indian Energy Exchange, India
- Directorate Of Revenue Intelligence - India
- Indonesian Coal Mining Association
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Therma Luzon, Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Attock Cement Pakistan Limited
- Mjunction Services Limited - India
- Bukit Baiduri Energy - Indonesia
- Kumho Petrochemical, South Korea
- Electricity Authority, New Zealand
- Parliament of New Zealand
- Thiess Contractors Indonesia
- Meralco Power Generation, Philippines
- Vizag Seaport Private Limited - India
- Tata Chemicals Ltd - India
- Wilmar Investment Holdings
- Bhoruka Overseas - Indonesia
- Malabar Cements Ltd - India
- Carbofer General Trading SA - India
- ICICI Bank Limited - India
- Renaissance Capital - South Africa
- The University of Queensland
- Formosa Plastics Group - Taiwan
- Australian Coal Association
- Mercuria Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Binh Thuan Hamico - Vietnam
- Sree Jayajothi Cements Limited - India
- PowerSource Philippines DevCo
- Kapuas Tunggal Persada - Indonesia
- Sical Logistics Limited - India
- CIMB Investment Bank - Malaysia
- Antam Resourcindo - Indonesia
- Edison Trading Spa - Italy
- Vijayanagar Sugar Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Cigading International Bulk Terminal - Indonesia
- Goldman Sachs - Singapore
- SMC Global Power, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Planning Commission, India
- Kalimantan Lumbung Energi - Indonesia
- Port Waratah Coal Services - Australia
- Lanco Infratech Ltd - India
- SMG Consultants - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Anglo American - United Kingdom
- Grasim Industreis Ltd - India
- Coalindo Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- Neyveli Lignite Corporation Ltd, - India
- Videocon Industries ltd - India
- Gujarat Sidhee Cement - India
- Bukit Asam (Persero) Tbk - Indonesia
- Bangladesh Power Developement Board
- Latin American Coal - Colombia
- Rio Tinto Coal - Australia
- Singapore Mercantile Exchange
- SN Aboitiz Power Inc, Philippines
- Baramulti Group, Indonesia
- Global Coal Blending Company Limited - Australia
- Bharathi Cement Corporation - India
- Global Green Power PLC Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- ASAPP Information Group - India
- Aboitiz Power Corporation - Philippines
- Kartika Selabumi Mining - Indonesia
- Chamber of Mines of South Africa
- Romanian Commodities Exchange
- Iligan Light & Power Inc, Philippines
- Toyota Tsusho Corporation, Japan
- South Luzon Thermal Energy Corporation
- Australian Commodity Traders Exchange
- Riau Bara Harum - Indonesia
- San Jose City I Power Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- International Coal Ventures Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Uttam Galva Steels Limited - India
- The State Trading Corporation of India Ltd
- Cement Manufacturers Association - India
- Mercator Lines Limited - India
- Sindya Power Generating Company Private Ltd
- Barasentosa Lestari - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Makarim & Taira - Indonesia
- MS Steel International - UAE
- GVK Power & Infra Limited - India
- Timah Investasi Mineral - Indoneisa
- White Energy Company Limited
- Star Paper Mills Limited - India
- Coastal Gujarat Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Sarangani Energy Corporation, Philippines
- Sojitz Corporation - Japan
- Straits Asia Resources Limited - Singapore
- Semirara Mining Corp, Philippines
- Kepco SPC Power Corporation, Philippines
- Petron Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Eastern Energy - Thailand
- Intertek Mineral Services - Indonesia
- Merrill Lynch Commodities Europe
- AsiaOL BioFuels Corp., Philippines
- Aditya Birla Group - India
- Maharashtra Electricity Regulatory Commission - India
- Bukit Makmur.PT - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Central Java Power - Indonesia
- Power Finance Corporation Ltd., India
- Siam City Cement PLC, Thailand
- Kobexindo Tractors - Indoneisa
- Simpson Spence & Young - Indonesia
- Standard Chartered Bank - UAE
- Pendopo Energi Batubara - Indonesia
- Bayan Resources Tbk. - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Essar Steel Hazira Ltd - India
- VISA Power Limited - India
- Energy Link Ltd, New Zealand
- Altura Mining Limited, Indonesia
- Chettinad Cement Corporation Ltd - India
- Sakthi Sugars Limited - India
- Madhucon Powers Ltd - India
- European Bulk Services B.V. - Netherlands
- Manunggal Multi Energi - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Bhatia International Limited - India
- Thai Mozambique Logistica
- Agrawal Coal Company - India
- Electricity Generating Authority of Thailand
- Alfred C Toepfer International GmbH - Germany
- Maheswari Brothers Coal Limited - India
- London Commodity Brokers - England
- Trasteel International SA, Italy
- Dalmia Cement Bharat India
- India Bulls Power Limited - India
- Interocean Group of Companies - India
- Gujarat Electricity Regulatory Commission - India
- Indian Oil Corporation Limited
- Ministry of Mines - Canada
- Bulk Trading Sa - Switzerland
- Bank of Tokyo Mitsubishi UFJ Ltd
- Heidelberg Cement - Germany
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jindal Steel & Power Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Energy Development Corp, Philippines
- PNOC Exploration Corporation - Philippines
- Tamil Nadu electricity Board
- Kohat Cement Company Ltd. - Pakistan
- Independent Power Producers Association of India
- Samtan Co., Ltd - South Korea
- Eastern Coal Council - USA
- The Treasury - Australian Government
- Mintek Dendrill Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Leighton Contractors Pty Ltd - Australia
- Siam City Cement - Thailand
- Holcim Trading Pte Ltd - Singapore
- Orica Australia Pty. Ltd.
- CNBM International Corporation - China
- Parry Sugars Refinery, India
- Oldendorff Carriers - Singapore
- Indogreen Group - Indonesia
- Global Business Power Corporation, Philippines
- Posco Energy - South Korea
- New Zealand Coal & Carbon
- Marubeni Corporation - India
- OPG Power Generation Pvt Ltd - India
- Ministry of Transport, Egypt
- Bhushan Steel Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Deloitte Consulting - India
- Kideco Jaya Agung - Indonesia
- Indika Energy - Indonesia
- Xindia Steels Limited - India
- McConnell Dowell - Australia
- Minerals Council of Australia
- Vedanta Resources Plc - India
- Borneo Indobara - Indonesia
- Wood Mackenzie - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Central Electricity Authority - India
- IHS Mccloskey Coal Group - USA
- Ministry of Finance - Indonesia
- Karaikal Port Pvt Ltd - India
- PTC India Limited - India
- Salva Resources Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- TeaM Sual Corporation - Philippines
- Jorong Barutama Greston.PT - Indonesia
- Georgia Ports Authority, United States
- Ambuja Cements Ltd - India
- Commonwealth Bank - Australia
- Orica Mining Services - Indonesia
- Economic Council, Georgia
- IEA Clean Coal Centre - UK
- Medco Energi Mining Internasional
- Meenaskhi Energy Private Limited - India
- Miang Besar Coal Terminal - Indonesia
- Jaiprakash Power Ventures ltd
- Kaltim Prima Coal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- GMR Energy Limited - India
- Metalloyd Limited - United Kingdom
- Coal and Oil Company - UAE
- Savvy Resources Ltd - HongKong
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Larsen & Toubro Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Karbindo Abesyapradhi - Indoneisa
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