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Monday, 01 February 21
PAKISTAN: COAL DEMAND EXPECTED TO SPIKE IN 2021 - DAWN
Coal demand is expected to remain upbeat in 2021 as more coal-fired and captive power plants are coming up in the current year.
According to sources, the import of coal at three coal-based power plants – China Hubco, Sahiwal and Port Qasim Electric — is around 10-12 million tonnes per annum.
According to Nepra, the contribution of coal to the country’s energy mix was a staggering 21 per cent in CY20.
The cement sector is also expanding its capacity to cope with the rising demand under Prime Minister’s Naya Pakistan Housing Scheme, the sources added.
A cement manufacturer and exporter anticipated 30-40 per cent hike in coal demand in 2021 from the current volume of over 20 million tonnes as demand for cement increased, followed by the start of new coal-based power plants by leading business groups in the country.
Talking to Dawn, Pakistan International Bulk Terminal Limited (PIBT) CFO Arsalan Iftikhar Khan said the coal volume imported at the facility rose to 9.496m tonnes in 2020 from 8.994m tonnes in 2019.
He said that the final figure of the volume of coal imports in January 2021 — estimated to be between 700,000 and 800,000 tonnes — will be available in February.
Out of the coal handled by PIBTL, approximately 55pc is imported by the cement industry, 20pc by power plants and 25pc by textile, rubber and other such industries that use coal as a fuel, Mr Khan said.
The CFO recalled that PIBTL handled a record 1.04m tonnes of coal cargo in Dec 2020 — 32pc more than the 0.791m tonnes handled in Dec 2019. This was the first month that the terminal volumes had crossed a million tonnes — solidly establishing PIBT as the premier bulk terminal of the country, he added.
PIBTL is the first state-of-the-art and fully mechanised bulk handling facility at Port Qasim for coal, clinker, and cement cargo. It was set up on Build-Operate-Transfer (BOT) basis with an investment of $300m and was fully operational in mid-2017, the CFO added.
The shifting of coal handling from Karachi Port Trust to Port Qasim — under the orders of the Supreme Court in June 2018 over environmental challenges associated with handling of coal — has greatly benefited the national economy as approximately 35pc of PIBTL’s revenue goes to the Port Qasim Authority in terms of royalty payments, Mr Khan added.
Meanwhile, Lucky Cement Limited (LCL), in its financial results for the half year ended Dec 31, 2020, predicted a slight delay in commercial operation of 660MW coal-based power plant. LCL said that the project may now achieve its commercial operation by the middle of first quarter FY2022 as compared to March 1, 2021.
Source: Dawn
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Monday, 29 March 21
MOODY'S: OUTLOOK FOR GLOBAL METALS AND MINING INDUSTRY TURNS POSITIVE ON HIGHER EBITDA IN PANDEMIC'S WAKE
- Demand for steel, iron ore and copper will rise, while aluminum, nickel and zinc will remain in surplus
- EBITDA is expected to ...
Thursday, 25 March 21
'OMNIBUS LAW' REGULATION ON INDONESIA’S ENERGY AND MINING SECTORS TO BOOST COAL PROCESSING BUT ALSO RAISES QUESTIONS - ABNR
February 2021 saw the issuance of a raft of new government regulations to give effect to the reformist Job Creation Law (colloquially known as the ...
Thursday, 25 March 21
PROPOSED SWITCH FROM COAL TO LNG THREATENS RENEWABLE ENERGY DEVELOPMENT IN ASIA - IEEFA
Renewables offer an ever cheaper, financially sustainable and energy secure alternative, better able to support developing nations
A ...
Thursday, 25 March 21
MAJOR INVESTMENT ADVISORS BLACKROCK AND MEKETA PROVIDE A FIDUCIARY PATH THROUGH THE ENERGY TRANSITION - IEEFA
BlackRock and Meketa say divestment from fossil fuels improves, not weakens, investment returns
Two major financial management firms ...
Thursday, 25 March 21
EUROPE PASSES MILESTONE WITH HALF OF COAL PLANTS CLOSED OR SET TO RETIRE BY 2030 - EURACTIV
Half of Europe’s 324 coal-fueled power plants have either closed or announced a retirement date before 2030, it emerged on Monday (22 March) ...
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- Leighton Contractors Pty Ltd - Australia
- Romanian Commodities Exchange
- Vizag Seaport Private Limited - India
- Energy Link Ltd, New Zealand
- GN Power Mariveles Coal Plant, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Therma Luzon, Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- SMC Global Power, Philippines
- Africa Commodities Group - South Africa
- Jindal Steel & Power Ltd - India
- Billiton Holdings Pty Ltd - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Ministry of Mines - Canada
- Carbofer General Trading SA - India
- Essar Steel Hazira Ltd - India
- Independent Power Producers Association of India
- India Bulls Power Limited - India
- Indian Energy Exchange, India
- Manunggal Multi Energi - Indonesia
- Chettinad Cement Corporation Ltd - India
- The State Trading Corporation of India Ltd
- Malabar Cements Ltd - India
- New Zealand Coal & Carbon
- GVK Power & Infra Limited - India
- IHS Mccloskey Coal Group - USA
- Kepco SPC Power Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Oldendorff Carriers - Singapore
- PTC India Limited - India
- Madhucon Powers Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Sree Jayajothi Cements Limited - India
- Aboitiz Power Corporation - Philippines
- Barasentosa Lestari - Indonesia
- South Luzon Thermal Energy Corporation
- Medco Energi Mining Internasional
- Star Paper Mills Limited - India
- Orica Australia Pty. Ltd.
- Power Finance Corporation Ltd., India
- Asmin Koalindo Tuhup - Indonesia
- Energy Development Corp, Philippines
- Banpu Public Company Limited - Thailand
- Videocon Industries ltd - India
- Jorong Barutama Greston.PT - Indonesia
- IEA Clean Coal Centre - UK
- Parliament of New Zealand
- Intertek Mineral Services - Indonesia
- Binh Thuan Hamico - Vietnam
- Global Coal Blending Company Limited - Australia
- TeaM Sual Corporation - Philippines
- Bukit Baiduri Energy - Indonesia
- Parry Sugars Refinery, India
- Bhatia International Limited - India
- Mercuria Energy - Indonesia
- MS Steel International - UAE
- Jaiprakash Power Ventures ltd
- Gujarat Sidhee Cement - India
- Karaikal Port Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Bharathi Cement Corporation - India
- Sojitz Corporation - Japan
- Ind-Barath Power Infra Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Thai Mozambique Logistica
- Planning Commission, India
- Pipit Mutiara Jaya. PT, Indonesia
- Coalindo Energy - Indonesia
- Wood Mackenzie - Singapore
- Dalmia Cement Bharat India
- Siam City Cement - Thailand
- Australian Commodity Traders Exchange
- Bayan Resources Tbk. - Indonesia
- OPG Power Generation Pvt Ltd - India
- Petron Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- GMR Energy Limited - India
- Simpson Spence & Young - Indonesia
- Wilmar Investment Holdings
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Miang Besar Coal Terminal - Indonesia
- LBH Netherlands Bv - Netherlands
- PowerSource Philippines DevCo
- Economic Council, Georgia
- Kumho Petrochemical, South Korea
- Pendopo Energi Batubara - Indonesia
- CIMB Investment Bank - Malaysia
- Kaltim Prima Coal - Indonesia
- Port Waratah Coal Services - Australia
- Metalloyd Limited - United Kingdom
- Alfred C Toepfer International GmbH - Germany
- Altura Mining Limited, Indonesia
- Renaissance Capital - South Africa
- San Jose City I Power Corp, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Aditya Birla Group - India
- Maheswari Brothers Coal Limited - India
- Trasteel International SA, Italy
- Bhoruka Overseas - Indonesia
- Meenaskhi Energy Private Limited - India
- Indika Energy - Indonesia
- Sakthi Sugars Limited - India
- Posco Energy - South Korea
- ICICI Bank Limited - India
- Kapuas Tunggal Persada - Indonesia
- Samtan Co., Ltd - South Korea
- Indo Tambangraya Megah - Indonesia
- Borneo Indobara - Indonesia
- Global Green Power PLC Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Lanco Infratech Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Latin American Coal - Colombia
- Vedanta Resources Plc - India
- Semirara Mining Corp, Philippines
- VISA Power Limited - India
- The University of Queensland
- Ministry of Finance - Indonesia
- Bukit Makmur.PT - Indonesia
- Global Business Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Grasim Industreis Ltd - India
- Indogreen Group - Indonesia
- Mercator Lines Limited - India
- Orica Mining Services - Indonesia
- Straits Asia Resources Limited - Singapore
- Edison Trading Spa - Italy
- Eastern Energy - Thailand
- Minerals Council of Australia
- Electricity Generating Authority of Thailand
- Riau Bara Harum - Indonesia
- Kobexindo Tractors - Indoneisa
- Electricity Authority, New Zealand
- Central Java Power - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Bhushan Steel Limited - India
- AsiaOL BioFuels Corp., Philippines
- Sinarmas Energy and Mining - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Merrill Lynch Commodities Europe
- Cement Manufacturers Association - India
- Heidelberg Cement - Germany
- Kartika Selabumi Mining - Indonesia
- Marubeni Corporation - India
- Sical Logistics Limited - India
- Tamil Nadu electricity Board
- Antam Resourcindo - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Goldman Sachs - Singapore
- Makarim & Taira - Indonesia
- Timah Investasi Mineral - Indoneisa
- Singapore Mercantile Exchange
- Ambuja Cements Ltd - India
- Georgia Ports Authority, United States
- Rio Tinto Coal - Australia
- PNOC Exploration Corporation - Philippines
- Chamber of Mines of South Africa
- GAC Shipping (India) Pvt Ltd
- Cigading International Bulk Terminal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Mjunction Services Limited - India
- Iligan Light & Power Inc, Philippines
- Xindia Steels Limited - India
- Bulk Trading Sa - Switzerland
- Semirara Mining and Power Corporation, Philippines
- Anglo American - United Kingdom
- Formosa Plastics Group - Taiwan
- Eastern Coal Council - USA
- The Treasury - Australian Government
- Gujarat Mineral Development Corp Ltd - India
- Baramulti Group, Indonesia
- Thiess Contractors Indonesia
- Uttam Galva Steels Limited - India
- Indian Oil Corporation Limited
- Standard Chartered Bank - UAE
- Australian Coal Association
- PetroVietnam Power Coal Import and Supply Company
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- London Commodity Brokers - England
- Savvy Resources Ltd - HongKong
- McConnell Dowell - Australia
- Siam City Cement PLC, Thailand
- Directorate Of Revenue Intelligence - India
- Ministry of Transport, Egypt
- Neyveli Lignite Corporation Ltd, - India
- Tata Chemicals Ltd - India
- Kideco Jaya Agung - Indonesia
- Central Electricity Authority - India
- Price Waterhouse Coopers - Russia
- SMG Consultants - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Meralco Power Generation, Philippines
- Bangladesh Power Developement Board
- Interocean Group of Companies - India
- CNBM International Corporation - China
- Karbindo Abesyapradhi - Indoneisa
- Commonwealth Bank - Australia
- Mintek Dendrill Indonesia
- Ceylon Electricity Board - Sri Lanka
- European Bulk Services B.V. - Netherlands
- Toyota Tsusho Corporation, Japan
- Deloitte Consulting - India
- Maharashtra Electricity Regulatory Commission - India
- Globalindo Alam Lestari - Indonesia
- White Energy Company Limited
- Indonesian Coal Mining Association
- ASAPP Information Group - India
- Agrawal Coal Company - India
- Coastal Gujarat Power Limited - India
- Coal and Oil Company - UAE
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Larsen & Toubro Limited - India
- International Coal Ventures Pvt Ltd - India
- Attock Cement Pakistan Limited
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