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Wednesday, 16 December 20
INDIAN COAL IMPORTS TO REMAIN SUBDUED - FITCH RATINGS
FitchFitch Rating commented on Indian Coal Imports, Fitch said, coal imports by Indian utilities fell by about 24% yoy to 44 million tonnes  (mt) in January-October 2020 due to a fall in power demand.

The revival  in economic activity has led to power demand growth since mid-September, supporting a small rise in coal imports since then. However, Fitch expects coal imports to remain subdued as the government is urging utilities to replace imported coal with domestically produced coal, and state-owned Coal India Limited is raising production. 
 
Fitch expects the PLFs for coal-fired power plants to improve gradually, tracking the economic recovery. However, we believe cost-competitive renewable energy will account for a larger portion of India’s electricity output in the long term and will continue to pressure PLFs of coal-fired power projects.

India’s central government also relaxed the coal-washing requirement of domestic miners supplying thermal  plants.  This should support demand for domestic coal, but will reduce imports when domestic production and logistical bottle necks are better managed in the long term.


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Wednesday, 13 January 21
CHINA THERMAL GENCO PROFITS FACE PRESSURE AMID POWER SHORTAGES - FITHCH WIRE
High coal and gas prices will put near-term pressure on margins for thermal power generators in China, says Fitch Ratings. However, the power short ...


Wednesday, 13 January 21
COAL TO BE BIGGEST CONTRIBUTOR TO INDIA'S $5 TRILLION ECONOMY: AMIT SHAH - BUSINESS STANDARD
The Centre on Monday awarded the letter of allocation to successful bidders of coal mines under the commercial auction held during October-November ...


Monday, 11 January 21
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Sunday, 10 January 21
KOREAN GENCOS INVITED BIDS FOR TOTAL 880,000 TONS OF COAL FOR MARCH 2021 LOADING
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Friday, 08 January 21
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