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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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Monday, 06 July 20
INDONESIAN COAL PRICE REFERENCE IN FREE FALL
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised down again the benchmark price of Indonesian th ...
Monday, 06 July 20
SUPRAMAX: A 58,000-DWT FIXING DELIVERY VIETNAM TRIP VIA INDONESIA RE-DELIVERY WEST INDIA IN THE LOW $4,000S
Capesize
The Capesize market continues to go from strength to strength, as rates reach highs not seen since September last year. The rally is p ...
Thursday, 02 July 20
PRIVATE COAL MINING MAY SEE WEAK INVESTOR SENTIMENT: ICRA - LIVEMINT
The prospects of commercial coal mining in India may be dimmer than initially expected because of the expected shift in India’s energy mix fr ...
Wednesday, 01 July 20
THERMAL COAL OPTIONS TRADING LAUNCHED IN CHINA'S ZHENGZHOU - XINHUA
Thermal coal options started trading on the Zhengzhou Commodity Exchange (ZCE) in central China’s Henan Province Tuesday.
It i ...
Wednesday, 01 July 20
COLOMBIA'S COAL EXPORT VOLUMES HAVE STEADILY DECLINED IN RECENT YEARS - BANCHERO COSTA
Colombia is the world’s fifth largest seaborne exporter of coal, coming after Australia, Indonesia, Russia and the USA.
Export ...
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- Energy Link Ltd, New Zealand
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