We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Friday, 05 June 20
COAL INDIA ESTIMATES PRODUCTION GROWTH BY OVERBURDEN REMOVAL - FINANCIAL EXPRESS
 PSU miner Coal India (CIL) has now limited mining only to Overburden Removal (OBR) with falling demand of coal. The mining behemoth is now keeping seams exposed removing the top soil so that coal can be extracted as soon as the demand picks up.
OBR is an integral part of coal mining and the first stage in the process. Through exposed seams it can be easily estimated how much of coal has actually been mined, a CIL official told FE.
CIL has already been flushed with pit head stock and reserves at the power plants are at an all time high. As of April 1, this year, pit head stocks are 75 million tonne (MT) while reserves at power plants are 50 MT, maintaining over 30 days stock above the required level of 22 days as mandated by the Central Electricity Authority. So, extracting further coal from the mines and creating a huge stock pile would endanger the mines with chances of catching fire.
So, CIL for now is only exposing seams keeping coal ready for extraction as soon as the demand picks up. The company has also started reporting growth in terms of OB removal. CIL has kept a target of producing 710 mt for FY 21, which is huge jump from the 602 mt it has achieved this fiscal. CIL fell short of target by 58 mt during FY20 but in FY21 it wants to remain on target, for which it has concentrated on speedy OB removal, a CIL official said.
OB removal grew 10.4% during May, against OB removed during April this year, while production of coal and off take grew by 2.6% and 2.3%, respectively on a month-to-month basis. The miner as a whole produced 41.43 mt of coal in May compared to 40.38 mt in April.
Amid a crippled demand, coal sales expanded 0.9 mt during May in terms of volume. Offtake was up at 39.95 mt during May as compared to 39 mt in April.
Non-power sector, which always starved of coal showed an impressive growth of 37.3% in off take during May with supplies in absolute terms at 9.76 mt. These are positive signs of CIL ramping up production, a CIL official said, adding though demand for coal was yet to pick up.
Source: Financial Express
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Thursday, 11 June 20
JAN-MAY, INDONESIA SHIPPED 175.15 MILLION TONS OF COAL TO ITS OVERSEAS BUYERS
Indonesia's coal production for the first 5 months of this year have reached 228 million tons. January – May 2020, Indonesia shipped US$ ...
Thursday, 11 June 20
CHINA'S BENCHMARK POWER COAL PRICE EDGES UP - XINHUA
China’s benchmark power coal price rose slightly during the past week.
The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge of ...
Wednesday, 10 June 20
OPEC+ CUTS EXTENSION TO ACCELERATE MARKET REBALANCING - FITCH RATINGS
Fitch Ratings-London-08 June 2020: The OPEC+ agreement to extend by one month record oil production cuts should accelerate market rebalancing, Fitc ...
Wednesday, 10 June 20
MARKET INSIGHT - INTERMODAL
In contrast to the economic projections of the past two years for the first half of 2020, the oil & gas industry and those involved in it faced ...
Wednesday, 10 June 20
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX DOWN 0.19 PCT - XINHUA
China Taiyuan coal transaction price index stood at 123.71 points Monday, down 0.19 percent week on week.
The index, released by Chi ...
|
|
|
Showing 916 to 920 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- CNBM International Corporation - China
- Wood Mackenzie - Singapore
- Salva Resources Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Makarim & Taira - Indonesia
- The Treasury - Australian Government
- Central Java Power - Indonesia
- Manunggal Multi Energi - Indonesia
- McConnell Dowell - Australia
- Samtan Co., Ltd - South Korea
- Kideco Jaya Agung - Indonesia
- Indonesian Coal Mining Association
- Riau Bara Harum - Indonesia
- Renaissance Capital - South Africa
- Ministry of Mines - Canada
- Antam Resourcindo - Indonesia
- Essar Steel Hazira Ltd - India
- Petron Corporation, Philippines
- Sical Logistics Limited - India
- Rio Tinto Coal - Australia
- Borneo Indobara - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Vizag Seaport Private Limited - India
- Uttam Galva Steels Limited - India
- Indo Tambangraya Megah - Indonesia
- Indian Oil Corporation Limited
- Coal and Oil Company - UAE
- Indian Energy Exchange, India
- Jorong Barutama Greston.PT - Indonesia
- Star Paper Mills Limited - India
- South Luzon Thermal Energy Corporation
- Intertek Mineral Services - Indonesia
- Krishnapatnam Port Company Ltd. - India
- The State Trading Corporation of India Ltd
- Aditya Birla Group - India
- MS Steel International - UAE
- Global Coal Blending Company Limited - Australia
- Kalimantan Lumbung Energi - Indonesia
- Bukit Makmur.PT - Indonesia
- ASAPP Information Group - India
- Kaltim Prima Coal - Indonesia
- Kepco SPC Power Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Romanian Commodities Exchange
- Ceylon Electricity Board - Sri Lanka
- Australian Commodity Traders Exchange
- Toyota Tsusho Corporation, Japan
- White Energy Company Limited
- Barasentosa Lestari - Indonesia
- Eastern Energy - Thailand
- Coalindo Energy - Indonesia
- Indogreen Group - Indonesia
- Heidelberg Cement - Germany
- Medco Energi Mining Internasional
- Chamber of Mines of South Africa
- Savvy Resources Ltd - HongKong
- Xindia Steels Limited - India
- Sojitz Corporation - Japan
- Siam City Cement - Thailand
- Deloitte Consulting - India
- London Commodity Brokers - England
- Bukit Baiduri Energy - Indonesia
- Siam City Cement PLC, Thailand
- Madhucon Powers Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Sindya Power Generating Company Private Ltd
- Semirara Mining Corp, Philippines
- Indika Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- Lanco Infratech Ltd - India
- Chettinad Cement Corporation Ltd - India
- Karaikal Port Pvt Ltd - India
- PTC India Limited - India
- Mercator Lines Limited - India
- India Bulls Power Limited - India
- Dalmia Cement Bharat India
- Leighton Contractors Pty Ltd - Australia
- Semirara Mining and Power Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- ICICI Bank Limited - India
- Trasteel International SA, Italy
- Kapuas Tunggal Persada - Indonesia
- Marubeni Corporation - India
- Malabar Cements Ltd - India
- Latin American Coal - Colombia
- Bharathi Cement Corporation - India
- Parry Sugars Refinery, India
- Bayan Resources Tbk. - Indonesia
- Electricity Authority, New Zealand
- Gujarat Sidhee Cement - India
- San Jose City I Power Corp, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Alfred C Toepfer International GmbH - Germany
- Offshore Bulk Terminal Pte Ltd, Singapore
- Miang Besar Coal Terminal - Indonesia
- Port Waratah Coal Services - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Economic Council, Georgia
- Kartika Selabumi Mining - Indonesia
- AsiaOL BioFuels Corp., Philippines
- IHS Mccloskey Coal Group - USA
- Asmin Koalindo Tuhup - Indonesia
- Directorate Of Revenue Intelligence - India
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Electricity Regulatory Commission - India
- Pendopo Energi Batubara - Indonesia
- PNOC Exploration Corporation - Philippines
- LBH Netherlands Bv - Netherlands
- Karbindo Abesyapradhi - Indoneisa
- SMC Global Power, Philippines
- SN Aboitiz Power Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Rashtriya Ispat Nigam Limited - India
- Edison Trading Spa - Italy
- Ministry of Transport, Egypt
- Meenaskhi Energy Private Limited - India
- Anglo American - United Kingdom
- Jindal Steel & Power Ltd - India
- Videocon Industries ltd - India
- Globalindo Alam Lestari - Indonesia
- Oldendorff Carriers - Singapore
- Banpu Public Company Limited - Thailand
- Ind-Barath Power Infra Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Central Electricity Authority - India
- European Bulk Services B.V. - Netherlands
- Thai Mozambique Logistica
- Wilmar Investment Holdings
- Directorate General of MIneral and Coal - Indonesia
- Ambuja Cements Ltd - India
- Agrawal Coal Company - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Simpson Spence & Young - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Thiess Contractors Indonesia
- Sinarmas Energy and Mining - Indonesia
- Binh Thuan Hamico - Vietnam
- CIMB Investment Bank - Malaysia
- Goldman Sachs - Singapore
- Sakthi Sugars Limited - India
- Formosa Plastics Group - Taiwan
- Merrill Lynch Commodities Europe
- Timah Investasi Mineral - Indoneisa
- GMR Energy Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Meralco Power Generation, Philippines
- Mintek Dendrill Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Larsen & Toubro Limited - India
- Kumho Petrochemical, South Korea
- Carbofer General Trading SA - India
- Bangladesh Power Developement Board
- Global Green Power PLC Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Minerals Council of Australia
- Baramulti Group, Indonesia
- Cigading International Bulk Terminal - Indonesia
- Attock Cement Pakistan Limited
- OPG Power Generation Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Bhushan Steel Limited - India
- Bhoruka Overseas - Indonesia
- Independent Power Producers Association of India
- VISA Power Limited - India
- PowerSource Philippines DevCo
- Interocean Group of Companies - India
- Kobexindo Tractors - Indoneisa
- Tamil Nadu electricity Board
- Sree Jayajothi Cements Limited - India
- GAC Shipping (India) Pvt Ltd
- Standard Chartered Bank - UAE
- Altura Mining Limited, Indonesia
- Africa Commodities Group - South Africa
- Orica Mining Services - Indonesia
- Electricity Generating Authority of Thailand
- SMG Consultants - Indonesia
- Iligan Light & Power Inc, Philippines
- Posco Energy - South Korea
- Cement Manufacturers Association - India
- Bahari Cakrawala Sebuku - Indonesia
- Power Finance Corporation Ltd., India
- The University of Queensland
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Eastern Coal Council - USA
- Gujarat Mineral Development Corp Ltd - India
- Planning Commission, India
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Finance - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Singapore Mercantile Exchange
- Billiton Holdings Pty Ltd - Australia
- Georgia Ports Authority, United States
- Commonwealth Bank - Australia
- Parliament of New Zealand
- International Coal Ventures Pvt Ltd - India
- Mjunction Services Limited - India
- Therma Luzon, Inc, Philippines
- Global Business Power Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Mercuria Energy - Indonesia
- Jaiprakash Power Ventures ltd
- Coastal Gujarat Power Limited - India
- Grasim Industreis Ltd - India
- Vedanta Resources Plc - India
- Energy Development Corp, Philippines
- Energy Link Ltd, New Zealand
- New Zealand Coal & Carbon
- Bhatia International Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Australian Coal Association
- Tata Chemicals Ltd - India
- GVK Power & Infra Limited - India
- Orica Australia Pty. Ltd.
- IEA Clean Coal Centre - UK
- Metalloyd Limited - United Kingdom
|
| |
| |
|
