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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
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Monday, 25 May 20
NON-OPEC OIL SUPPLY DEVELOPMENT - OPEC
Non-OPEC oil supply continued to increase by 2.0 mb/d in 2019, driven by US shale production, which rose by 1.7 mb/d, amounting to 84% of total non ...
Sunday, 24 May 20
A 63,000 FIXED DELIVERY VIETNAM TRIP VIA INDONESIA REDELIVERY KOSICHANG AT $8,500 - BALTIC BRIEFING
Capesize
After a week of bounce momentum the market appears to have stalled out once again. The Capesize 5TC has more than doubled since last F ...
Saturday, 23 May 20
COLOMBIA COAL OUTPUT DOWN 7.2% IN Q1 ON LOW PRICES, CORONAVIRUS LOCKDOWN - REUTERS
Coal production in Colombia, the world’s fifth-largest coal exporter, fell 7.2% in the first quarter because of low prices and coronavirus qu ...
Saturday, 23 May 20
EWP INVITES BIDS FOR 840,000 METRIC TONS OF MIN 5700 NAR COAL
COALspot.com: South Korea’s Korea East-West Power Co. Ltd (EWP) has Issued an International Tender for total Max 840,000 Metric Tons of min 5 ...
Thursday, 21 May 20
KOMIPO INVITED BIDS FOR TOTAL 610000 MT OF LCV AND HCV COAL FOR 2H 2020
COALspot.com: South Korea’s Korea Midland Power Co. Ltd. (KOMIPO) has Issued an International Tender for 130,000 mt of 5700 NCV coal an ...
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Showing 951 to 955 news of total 6871 |
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- Kobexindo Tractors - Indoneisa
- Ind-Barath Power Infra Limited - India
- Chamber of Mines of South Africa
- Indo Tambangraya Megah - Indonesia
- Wood Mackenzie - Singapore
- Australian Commodity Traders Exchange
- Energy Link Ltd, New Zealand
- IHS Mccloskey Coal Group - USA
- Global Green Power PLC Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Larsen & Toubro Limited - India
- Formosa Plastics Group - Taiwan
- Sindya Power Generating Company Private Ltd
- Ambuja Cements Ltd - India
- Mercuria Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Standard Chartered Bank - UAE
- Georgia Ports Authority, United States
- Aditya Birla Group - India
- Bhushan Steel Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Bhatia International Limited - India
- Africa Commodities Group - South Africa
- GAC Shipping (India) Pvt Ltd
- Bayan Resources Tbk. - Indonesia
- Lanco Infratech Ltd - India
- Kaltim Prima Coal - Indonesia
- Latin American Coal - Colombia
- The State Trading Corporation of India Ltd
- Maharashtra Electricity Regulatory Commission - India
- Kapuas Tunggal Persada - Indonesia
- Meenaskhi Energy Private Limited - India
- Pendopo Energi Batubara - Indonesia
- IEA Clean Coal Centre - UK
- Eastern Energy - Thailand
- Global Coal Blending Company Limited - Australia
- The University of Queensland
- Chettinad Cement Corporation Ltd - India
- Rio Tinto Coal - Australia
- Bharathi Cement Corporation - India
- Metalloyd Limited - United Kingdom
- Indonesian Coal Mining Association
- Electricity Authority, New Zealand
- Altura Mining Limited, Indonesia
- Indian Energy Exchange, India
- Borneo Indobara - Indonesia
- GVK Power & Infra Limited - India
- Gujarat Electricity Regulatory Commission - India
- Malabar Cements Ltd - India
- Sree Jayajothi Cements Limited - India
- London Commodity Brokers - England
- Riau Bara Harum - Indonesia
- Heidelberg Cement - Germany
- Semirara Mining and Power Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Essar Steel Hazira Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Semirara Mining Corp, Philippines
- Ministry of Transport, Egypt
- Posco Energy - South Korea
- Banpu Public Company Limited - Thailand
- Trasteel International SA, Italy
- Agrawal Coal Company - India
- Therma Luzon, Inc, Philippines
- Romanian Commodities Exchange
- Sarangani Energy Corporation, Philippines
- Mercator Lines Limited - India
- Marubeni Corporation - India
- Karaikal Port Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Eastern Coal Council - USA
- Star Paper Mills Limited - India
- Xindia Steels Limited - India
- Orica Mining Services - Indonesia
- Port Waratah Coal Services - Australia
- Renaissance Capital - South Africa
- Cement Manufacturers Association - India
- Straits Asia Resources Limited - Singapore
- San Jose City I Power Corp, Philippines
- AsiaOL BioFuels Corp., Philippines
- PetroVietnam Power Coal Import and Supply Company
- Economic Council, Georgia
- Anglo American - United Kingdom
- Directorate Of Revenue Intelligence - India
- Miang Besar Coal Terminal - Indonesia
- Uttam Galva Steels Limited - India
- Parry Sugars Refinery, India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mintek Dendrill Indonesia
- Carbofer General Trading SA - India
- Sojitz Corporation - Japan
- Bulk Trading Sa - Switzerland
- Parliament of New Zealand
- Manunggal Multi Energi - Indonesia
- Siam City Cement - Thailand
- Krishnapatnam Port Company Ltd. - India
- Thiess Contractors Indonesia
- Singapore Mercantile Exchange
- The Treasury - Australian Government
- Antam Resourcindo - Indonesia
- Ministry of Finance - Indonesia
- TeaM Sual Corporation - Philippines
- ASAPP Information Group - India
- Petron Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Cigading International Bulk Terminal - Indonesia
- VISA Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Electricity Generating Authority of Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Deloitte Consulting - India
- Jorong Barutama Greston.PT - Indonesia
- Jaiprakash Power Ventures ltd
- GMR Energy Limited - India
- Grasim Industreis Ltd - India
- Global Business Power Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Merrill Lynch Commodities Europe
- Videocon Industries ltd - India
- Maheswari Brothers Coal Limited - India
- Tamil Nadu electricity Board
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Sidhee Cement - India
- Aboitiz Power Corporation - Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Wilmar Investment Holdings
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ceylon Electricity Board - Sri Lanka
- Barasentosa Lestari - Indonesia
- McConnell Dowell - Australia
- Binh Thuan Hamico - Vietnam
- Bank of Tokyo Mitsubishi UFJ Ltd
- Attock Cement Pakistan Limited
- Ministry of Mines - Canada
- Kideco Jaya Agung - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Minerals Council of Australia
- Orica Australia Pty. Ltd.
- Timah Investasi Mineral - Indoneisa
- Indogreen Group - Indonesia
- Oldendorff Carriers - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- New Zealand Coal & Carbon
- Sakthi Sugars Limited - India
- Kartika Selabumi Mining - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- White Energy Company Limited
- Bukit Makmur.PT - Indonesia
- Vizag Seaport Private Limited - India
- International Coal Ventures Pvt Ltd - India
- MS Steel International - UAE
- Jindal Steel & Power Ltd - India
- Energy Development Corp, Philippines
- Vedanta Resources Plc - India
- Rashtriya Ispat Nigam Limited - India
- Alfred C Toepfer International GmbH - Germany
- Indika Energy - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- CIMB Investment Bank - Malaysia
- Independent Power Producers Association of India
- Siam City Cement PLC, Thailand
- Bangladesh Power Developement Board
- Simpson Spence & Young - Indonesia
- Central Electricity Authority - India
- Vijayanagar Sugar Pvt Ltd - India
- PTC India Limited - India
- Medco Energi Mining Internasional
- Baramulti Group, Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Toyota Tsusho Corporation, Japan
- Iligan Light & Power Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Samtan Co., Ltd - South Korea
- CNBM International Corporation - China
- ICICI Bank Limited - India
- Edison Trading Spa - Italy
- Australian Coal Association
- Meralco Power Generation, Philippines
- SN Aboitiz Power Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Savvy Resources Ltd - HongKong
- Planning Commission, India
- PowerSource Philippines DevCo
- Indian Oil Corporation Limited
- SMC Global Power, Philippines
- PNOC Exploration Corporation - Philippines
- Goldman Sachs - Singapore
- Holcim Trading Pte Ltd - Singapore
- Sinarmas Energy and Mining - Indonesia
- Tata Chemicals Ltd - India
- Madhucon Powers Ltd - India
- Coal and Oil Company - UAE
- Central Java Power - Indonesia
- Power Finance Corporation Ltd., India
- SMG Consultants - Indonesia
- Mjunction Services Limited - India
- Globalindo Alam Lestari - Indonesia
- Interocean Group of Companies - India
- India Bulls Power Limited - India
- Salva Resources Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Dalmia Cement Bharat India
- Coalindo Energy - Indonesia
- Makarim & Taira - Indonesia
- LBH Netherlands Bv - Netherlands
- Thai Mozambique Logistica
- South Luzon Thermal Energy Corporation
- TNB Fuel Sdn Bhd - Malaysia
- Coastal Gujarat Power Limited - India
- Commonwealth Bank - Australia
- Kohat Cement Company Ltd. - Pakistan
- Kumho Petrochemical, South Korea
- Sical Logistics Limited - India
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