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Wednesday, 22 July 20
CIL'S COAL SUPPLY TO POWER SECTOR DROPS OVER 21% TO 93.5 MT IN APR-JUN QUARTER - PTI
The supply of coal by state-owned Coal India Ltd to the power sector fell 21.7 percent to 93.5 million tonnes (MT) in the first quarter of the ongoing fiscal.
Coal India Ltd (CIL) had supplied 119.5MT of dry-fuel in the April-June period of the previous fiscal, according to a latest report by the Coal Ministry.
The coal dispatch by the Maharatna firm last month also dropped by 19 percent to 30.94MT, from over 38.14 MT of dry fuel in June last fiscal.
The fuel dispatch by Singareni Collieries Co Ltd (SCCL) during April-June period also fell 48 percent to 7.28MT, from over 13.99MT supplied in corresponding quarter of previous fiscal.
In June, the supply fell by half to 2.27MT, from over 4.60MT in the corresponding month of the previous fiscal.
Coal India (CIL), had last week said the situation will remain uncertain in July-September quarter, as some states are resorting to fresh lockdown amid rise in COVID-19 cases. Coal production in some of the major mines is still affected due to high coal stock and less offtake, it had said.
The state-owned miner produced 18.05MT of coal from July 1 to July 16, as against 19.61MT produced in the same period last year.
Pithead stock of CIL as on July 16 stood at 72.88MT, as compared to 33.17MT during the year-ago period, it said.
Due to continuing lockdown and various guidelines issued by centre and state governments, normalcy has not been restored yet, affecting coal production and despatch, Coal India had said.
Despatch of coal was adversely affected in the last week of March resulting into mounting coal stock at pithead. Coal stock as on March 31 was 74.629MT, compared to 54.155MT on March 31, 2019.
Restriction imposed on movement of vehicles badly affected supply of explosives in the mines.
Coal India had produced 121.01MT of coal during April 1-June 30, compared to 136.94MT during the same period last year.
Source: PTI
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Wednesday, 05 August 20
SLUMP IN OIL REVENUE CHALLENGES MIDDLE EAST OIL EXPORTERS - INTERMODAL
The Covid-19 pandemic has had far-reaching consequences on the global capital markets. Despite the US government’s efforts for a quick and de ...
Tuesday, 04 August 20
KOEN INVITED BIDS FOR TOTAL 900K MT OF MIN 5600 NCV COAL FOR 3 YEARS
COALspot.com: South Korea’s KOREA SOUTH-EAST POWER CO., LTD. (KOEN) has issued an international tender for 260,000 to 300,000 Tons (MT) min. ...
Tuesday, 04 August 20
THE WORLD’S FLEET OF COAL-FIRED POWER STATIONS HAS GOT SMALLER FOR THE FIRST TIME ON RECORD, WITH MORE CAPACITY RETIRED IN THE FIRST HALF OF 2020 THAN THE AMOUNT OPENED - IEA
This is according to the latest Global Coal Plant Tracker (GCPT) results by Global Energy Monitor (GEM), which we completed last month and report f ...
Monday, 03 August 20
U.S. COAL CONSUMPTION, WHICH HAS DECLINED SINCE ITS 2007 PEAK, FELL TO ITS LOWEST POINT IN APRIL 2020 - EIA
According to the U.S. Energy Information Administration’s (EIA) most recent Monthly Energy Review, the United States consumed 6.5 quadrillion ...
Monday, 03 August 20
LOW OIL PRICE AND CORONA VIRUS HIT SUB-SAHARAN AFRICA OIL PRODUCERS - FITCH RATINGS
The collapse in oil prices and the coronavirus shock is worsening the fiscal and external balances of sub-Saharan African oil producers, Fitch Rati ...
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- GAC Shipping (India) Pvt Ltd
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- Eastern Coal Council - USA
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- Posco Energy - South Korea
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- Billiton Holdings Pty Ltd - Australia
- Global Business Power Corporation, Philippines
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- Tata Chemicals Ltd - India
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- Karbindo Abesyapradhi - Indoneisa
- Aditya Birla Group - India
- AsiaOL BioFuels Corp., Philippines
- Kumho Petrochemical, South Korea
- Indogreen Group - Indonesia
- McConnell Dowell - Australia
- Savvy Resources Ltd - HongKong
- Intertek Mineral Services - Indonesia
- VISA Power Limited - India
- Commonwealth Bank - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Romanian Commodities Exchange
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- Formosa Plastics Group - Taiwan
- Central Java Power - Indonesia
- Electricity Generating Authority of Thailand
- Grasim Industreis Ltd - India
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