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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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Saturday, 27 February 21
CHINA'S BENCHMARK POWER COAL PRICE EDGES DOWN - XINHUA
China’s benchmark power coal price dropped slightly during the past week.
The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge ...
Saturday, 27 February 21
FITCH RATINGS REVISES GLOBAL METALS AND MINING PRICE ASSUMPTIONS
Fitch Ratings has revised some of its metals and mining price assumptions as prices for many commodities will benefit in the short term from return ...
Saturday, 27 February 21
MITSUBISHI PULLS OUT OF VINH TAN 3 COAL PROJECT IN VIETNAM - NIKKEI ASIA
Japanese trading house Mitsubishi Corp. decided Thursday to withdraw from the Vinh Tan 3 coal-fired power plant project in Vietnam amid growing int ...
Thursday, 25 February 21
ARE WE ON THE CUSP OF ANOTHER MINING SUPER-CYCLE? - WOOD MACKENZIE
As the first wave of the coronavirus pandemic began to bite, many observers confidently predicted that the end was nigh for global economic activit ...
Thursday, 25 February 21
2020 PROVED TO BE A TRULY TERRIBLE YEAR FOR SEABORNE COAL TRADE - BANCHERO COSTA
Total loadings in the 12 months of 2020 were down -12.7% year-on-year to 1,130 million tonnes, according to vessels tracking data from Refinitiv, s ...
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- Goldman Sachs - Singapore
- Vizag Seaport Private Limited - India
- Mercuria Energy - Indonesia
- Eastern Energy - Thailand
- GMR Energy Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kaltim Prima Coal - Indonesia
- PTC India Limited - India
- Independent Power Producers Association of India
- Economic Council, Georgia
- Altura Mining Limited, Indonesia
- Jaiprakash Power Ventures ltd
- GAC Shipping (India) Pvt Ltd
- Deloitte Consulting - India
- Rashtriya Ispat Nigam Limited - India
- Central Java Power - Indonesia
- Indian Oil Corporation Limited
- Agrawal Coal Company - India
- Essar Steel Hazira Ltd - India
- Borneo Indobara - Indonesia
- Wood Mackenzie - Singapore
- Kobexindo Tractors - Indoneisa
- Merrill Lynch Commodities Europe
- Timah Investasi Mineral - Indoneisa
- Global Coal Blending Company Limited - Australia
- South Luzon Thermal Energy Corporation
- Global Green Power PLC Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Romanian Commodities Exchange
- Renaissance Capital - South Africa
- Metalloyd Limited - United Kingdom
- San Jose City I Power Corp, Philippines
- Orica Mining Services - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Siam City Cement PLC, Thailand
- Carbofer General Trading SA - India
- Pendopo Energi Batubara - Indonesia
- The University of Queensland
- Power Finance Corporation Ltd., India
- Sical Logistics Limited - India
- Mintek Dendrill Indonesia
- Kartika Selabumi Mining - Indonesia
- PNOC Exploration Corporation - Philippines
- Gujarat Sidhee Cement - India
- Thiess Contractors Indonesia
- Dalmia Cement Bharat India
- Leighton Contractors Pty Ltd - Australia
- Marubeni Corporation - India
- Electricity Authority, New Zealand
- Gujarat Electricity Regulatory Commission - India
- Bangladesh Power Developement Board
- Meenaskhi Energy Private Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Bhoruka Overseas - Indonesia
- Georgia Ports Authority, United States
- European Bulk Services B.V. - Netherlands
- Eastern Coal Council - USA
- Posco Energy - South Korea
- Xindia Steels Limited - India
- Latin American Coal - Colombia
- Edison Trading Spa - Italy
- Karbindo Abesyapradhi - Indoneisa
- Directorate General of MIneral and Coal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- CNBM International Corporation - China
- Mjunction Services Limited - India
- CIMB Investment Bank - Malaysia
- London Commodity Brokers - England
- Semirara Mining and Power Corporation, Philippines
- The State Trading Corporation of India Ltd
- Formosa Plastics Group - Taiwan
- OPG Power Generation Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Antam Resourcindo - Indonesia
- Rio Tinto Coal - Australia
- International Coal Ventures Pvt Ltd - India
- Africa Commodities Group - South Africa
- India Bulls Power Limited - India
- Riau Bara Harum - Indonesia
- Siam City Cement - Thailand
- Ambuja Cements Ltd - India
- Grasim Industreis Ltd - India
- Baramulti Group, Indonesia
- Singapore Mercantile Exchange
- Sojitz Corporation - Japan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Baiduri Energy - Indonesia
- Star Paper Mills Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Indogreen Group - Indonesia
- IHS Mccloskey Coal Group - USA
- Billiton Holdings Pty Ltd - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Maheswari Brothers Coal Limited - India
- Straits Asia Resources Limited - Singapore
- SN Aboitiz Power Inc, Philippines
- PowerSource Philippines DevCo
- Aboitiz Power Corporation - Philippines
- Commonwealth Bank - Australia
- Australian Coal Association
- Directorate Of Revenue Intelligence - India
- Jorong Barutama Greston.PT - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Miang Besar Coal Terminal - Indonesia
- Indonesian Coal Mining Association
- Bharathi Cement Corporation - India
- Barasentosa Lestari - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Standard Chartered Bank - UAE
- Port Waratah Coal Services - Australia
- ICICI Bank Limited - India
- Coastal Gujarat Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Tata Chemicals Ltd - India
- Savvy Resources Ltd - HongKong
- Krishnapatnam Port Company Ltd. - India
- Ministry of Mines - Canada
- PetroVietnam Power Coal Import and Supply Company
- Malabar Cements Ltd - India
- Sindya Power Generating Company Private Ltd
- Videocon Industries ltd - India
- Cement Manufacturers Association - India
- Parry Sugars Refinery, India
- Kideco Jaya Agung - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Energy Development Corp, Philippines
- Therma Luzon, Inc, Philippines
- Makarim & Taira - Indonesia
- Manunggal Multi Energi - Indonesia
- Electricity Generating Authority of Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sree Jayajothi Cements Limited - India
- Banpu Public Company Limited - Thailand
- Orica Australia Pty. Ltd.
- Interocean Group of Companies - India
- Medco Energi Mining Internasional
- Central Electricity Authority - India
- GVK Power & Infra Limited - India
- Samtan Co., Ltd - South Korea
- Kumho Petrochemical, South Korea
- Indian Energy Exchange, India
- Asmin Koalindo Tuhup - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Australian Commodity Traders Exchange
- Wilmar Investment Holdings
- IEA Clean Coal Centre - UK
- Sarangani Energy Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Trasteel International SA, Italy
- Sakthi Sugars Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Oldendorff Carriers - Singapore
- Coalindo Energy - Indonesia
- Parliament of New Zealand
- Anglo American - United Kingdom
- Planning Commission, India
- Lanco Infratech Ltd - India
- Jindal Steel & Power Ltd - India
- Uttam Galva Steels Limited - India
- Alfred C Toepfer International GmbH - Germany
- Bhatia International Limited - India
- Karaikal Port Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Bukit Makmur.PT - Indonesia
- Kepco SPC Power Corporation, Philippines
- MS Steel International - UAE
- Indika Energy - Indonesia
- Ministry of Transport, Egypt
- Petron Corporation, Philippines
- Semirara Mining Corp, Philippines
- Chamber of Mines of South Africa
- SMG Consultants - Indonesia
- TeaM Sual Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- Ministry of Finance - Indonesia
- Indo Tambangraya Megah - Indonesia
- Larsen & Toubro Limited - India
- Intertek Mineral Services - Indonesia
- White Energy Company Limited
- ASAPP Information Group - India
- Chettinad Cement Corporation Ltd - India
- Meralco Power Generation, Philippines
- Heidelberg Cement - Germany
- Gujarat Mineral Development Corp Ltd - India
- SMC Global Power, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Simpson Spence & Young - Indonesia
- The Treasury - Australian Government
- Aditya Birla Group - India
- Iligan Light & Power Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Price Waterhouse Coopers - Russia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Attock Cement Pakistan Limited
- Binh Thuan Hamico - Vietnam
- Thai Mozambique Logistica
- Neyveli Lignite Corporation Ltd, - India
- Energy Link Ltd, New Zealand
- VISA Power Limited - India
- LBH Netherlands Bv - Netherlands
- Toyota Tsusho Corporation, Japan
- Vedanta Resources Plc - India
- Globalindo Alam Lestari - Indonesia
- New Zealand Coal & Carbon
- Tamil Nadu electricity Board
- Coal and Oil Company - UAE
- Salva Resources Pvt Ltd - India
- Mercator Lines Limited - India
- Madhucon Powers Ltd - India
- Bhushan Steel Limited - India
- Minerals Council of Australia
- McConnell Dowell - Australia
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