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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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Wednesday, 24 February 21
MARKET INSIGHT - INTERMODAL
With yields of up to 563%, the shares of Greek shipping companies listed on Wall Street are recorded. The Coronavirus pandemic has not significantl ...
Sunday, 21 February 21
ANZ DIVESTING FROM THE WORLD’S LARGEST COAL EXPORT PORT IS 'PRAGMATISM' - IEEFA
The biggest buyers of Australian thermal coal have committed to net-zero emissions
ANZ, Australia’s third largest bank, has decided to s ...
Sunday, 21 February 21
EDITORIAL: TIME FOR BANGLADESH TO FOCUS ON RENEWABLE ENERGY, NOT COAL - DHAKA TRIBUNE
Shifting away from coal is not only desirable, but absolutely necessary in these times.
In spite of being detrimental to environment ...
Wednesday, 17 February 21
STRANDED ASSETS A LONG-TERM RISK FOR MAJOR FOSSIL FUEL EXPORTERS - FITCH RATINGS
Fossil exporters face a loss of GDP, government revenue and export receipts from the transition to a lower-carbon economy over the coming decades. ...
Friday, 12 February 21
U.S: WIND SURPASSED COAL AS NO. 1 FUEL SOURCE IN 2020 FOR SOUTHWEST POWER POOL - IEEFA
Wind energy growth due to geography, design factors, and new installations
Wind surpassed coal as the primary power generation sourc ...
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- Eastern Energy - Thailand
- Attock Cement Pakistan Limited
- Miang Besar Coal Terminal - Indonesia
- Altura Mining Limited, Indonesia
- Chettinad Cement Corporation Ltd - India
- SMG Consultants - Indonesia
- Ministry of Finance - Indonesia
- Star Paper Mills Limited - India
- Price Waterhouse Coopers - Russia
- OPG Power Generation Pvt Ltd - India
- Bharathi Cement Corporation - India
- Therma Luzon, Inc, Philippines
- Grasim Industreis Ltd - India
- Singapore Mercantile Exchange
- Chamber of Mines of South Africa
- Coastal Gujarat Power Limited - India
- Australian Coal Association
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- San Jose City I Power Corp, Philippines
- Madhucon Powers Ltd - India
- VISA Power Limited - India
- Coalindo Energy - Indonesia
- Power Finance Corporation Ltd., India
- Intertek Mineral Services - Indonesia
- Kaltim Prima Coal - Indonesia
- Marubeni Corporation - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- IHS Mccloskey Coal Group - USA
- Gujarat Electricity Regulatory Commission - India
- Banpu Public Company Limited - Thailand
- London Commodity Brokers - England
- Australian Commodity Traders Exchange
- Ambuja Cements Ltd - India
- GVK Power & Infra Limited - India
- Meralco Power Generation, Philippines
- Siam City Cement - Thailand
- Samtan Co., Ltd - South Korea
- Indogreen Group - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Tamil Nadu electricity Board
- The State Trading Corporation of India Ltd
- Bhatia International Limited - India
- Cigading International Bulk Terminal - Indonesia
- Meenaskhi Energy Private Limited - India
- MS Steel International - UAE
- SMC Global Power, Philippines
- Rio Tinto Coal - Australia
- Videocon Industries ltd - India
- Kepco SPC Power Corporation, Philippines
- Wood Mackenzie - Singapore
- Globalindo Alam Lestari - Indonesia
- Gujarat Sidhee Cement - India
- Central Java Power - Indonesia
- Krishnapatnam Port Company Ltd. - India
- AsiaOL BioFuels Corp., Philippines
- Petron Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Indo Tambangraya Megah - Indonesia
- New Zealand Coal & Carbon
- Commonwealth Bank - Australia
- Thiess Contractors Indonesia
- Sarangani Energy Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Neyveli Lignite Corporation Ltd, - India
- Bulk Trading Sa - Switzerland
- ASAPP Information Group - India
- Makarim & Taira - Indonesia
- CNBM International Corporation - China
- Kalimantan Lumbung Energi - Indonesia
- Bayan Resources Tbk. - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Directorate General of MIneral and Coal - Indonesia
- Iligan Light & Power Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Eastern Coal Council - USA
- Sindya Power Generating Company Private Ltd
- Uttam Galva Steels Limited - India
- Siam City Cement PLC, Thailand
- Semirara Mining Corp, Philippines
- Global Coal Blending Company Limited - Australia
- Latin American Coal - Colombia
- Heidelberg Cement - Germany
- Petrochimia International Co. Ltd.- Taiwan
- International Coal Ventures Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Standard Chartered Bank - UAE
- Lanco Infratech Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Interocean Group of Companies - India
- ICICI Bank Limited - India
- India Bulls Power Limited - India
- Directorate Of Revenue Intelligence - India
- Karaikal Port Pvt Ltd - India
- Posco Energy - South Korea
- Orica Australia Pty. Ltd.
- Anglo American - United Kingdom
- Savvy Resources Ltd - HongKong
- Bukit Asam (Persero) Tbk - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Wilmar Investment Holdings
- Pendopo Energi Batubara - Indonesia
- Bukit Makmur.PT - Indonesia
- Kideco Jaya Agung - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- White Energy Company Limited
- Leighton Contractors Pty Ltd - Australia
- GAC Shipping (India) Pvt Ltd
- Energy Development Corp, Philippines
- Merrill Lynch Commodities Europe
- TNB Fuel Sdn Bhd - Malaysia
- Romanian Commodities Exchange
- Indika Energy - Indonesia
- Independent Power Producers Association of India
- Manunggal Multi Energi - Indonesia
- Indian Energy Exchange, India
- McConnell Dowell - Australia
- Bukit Baiduri Energy - Indonesia
- Tata Chemicals Ltd - India
- Barasentosa Lestari - Indonesia
- Kapuas Tunggal Persada - Indonesia
- TeaM Sual Corporation - Philippines
- Parry Sugars Refinery, India
- Mintek Dendrill Indonesia
- Medco Energi Mining Internasional
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Oldendorff Carriers - Singapore
- Maheswari Brothers Coal Limited - India
- Mjunction Services Limited - India
- Agrawal Coal Company - India
- Economic Council, Georgia
- Alfred C Toepfer International GmbH - Germany
- Cement Manufacturers Association - India
- IEA Clean Coal Centre - UK
- Africa Commodities Group - South Africa
- Borneo Indobara - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Holcim Trading Pte Ltd - Singapore
- Central Electricity Authority - India
- European Bulk Services B.V. - Netherlands
- Sinarmas Energy and Mining - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Riau Bara Harum - Indonesia
- PNOC Exploration Corporation - Philippines
- Sical Logistics Limited - India
- Vedanta Resources Plc - India
- Renaissance Capital - South Africa
- Sojitz Corporation - Japan
- Formosa Plastics Group - Taiwan
- Kumho Petrochemical, South Korea
- Bhushan Steel Limited - India
- Global Business Power Corporation, Philippines
- Indian Oil Corporation Limited
- SN Aboitiz Power Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Minerals Council of Australia
- PetroVietnam Power Coal Import and Supply Company
- Semirara Mining and Power Corporation, Philippines
- PTC India Limited - India
- Trasteel International SA, Italy
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The University of Queensland
- Ministry of Mines - Canada
- Sakthi Sugars Limited - India
- Essar Steel Hazira Ltd - India
- Ind-Barath Power Infra Limited - India
- Deloitte Consulting - India
- Vizag Seaport Private Limited - India
- Baramulti Group, Indonesia
- Kartika Selabumi Mining - Indonesia
- LBH Netherlands Bv - Netherlands
- Thai Mozambique Logistica
- Jaiprakash Power Ventures ltd
- Simpson Spence & Young - Indonesia
- Xindia Steels Limited - India
- Port Waratah Coal Services - Australia
- Larsen & Toubro Limited - India
- Indonesian Coal Mining Association
- Binh Thuan Hamico - Vietnam
- PowerSource Philippines DevCo
- Orica Mining Services - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Aditya Birla Group - India
- Malabar Cements Ltd - India
- Sree Jayajothi Cements Limited - India
- Jindal Steel & Power Ltd - India
- Planning Commission, India
- Mercuria Energy - Indonesia
- Georgia Ports Authority, United States
- Electricity Authority, New Zealand
- Coal and Oil Company - UAE
- Straits Asia Resources Limited - Singapore
- Bhoruka Overseas - Indonesia
- Metalloyd Limited - United Kingdom
- South Luzon Thermal Energy Corporation
- Electricity Generating Authority of Thailand
- Timah Investasi Mineral - Indoneisa
- Ministry of Transport, Egypt
- Mercator Lines Limited - India
- Carbofer General Trading SA - India
- Dalmia Cement Bharat India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GMR Energy Limited - India
- Edison Trading Spa - Italy
- Parliament of New Zealand
- Antam Resourcindo - Indonesia
- Bangladesh Power Developement Board
- CIMB Investment Bank - Malaysia
- Goldman Sachs - Singapore
- Aboitiz Power Corporation - Philippines
- Global Green Power PLC Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- The Treasury - Australian Government
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