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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, 04 January 21
BLISS FOR SHIPOWNERS! DAMAGES MAY BE CLAIMED IN ADDITION TO DEMURRAGE FOR VOYAGE CHARTERPARTY DELAY - WFW
KNOWLEDGE TO ELEVATE
In a significant decision for the maritime sector, The Eternal Bliss[1], the English Commercial Court has resol ...
Sunday, 03 January 21
INDIA: COMMERCE MINISTRY LAUNCHES COAL IMPORT MONITORING SYSTEM - PTI
CIMS shall require importers to submit advance information in an online system for imports of items and obtain an automatic registration number by ...
Wednesday, 30 December 20
A LOOK BACK INTO 2020: THE HEADWINDS, THE TAILWINDS AND EVERYTHING IN BETWEEN - SIGNAL
There is no doubt that 2020 has been a turbulent year for commercial shipping. The coronavirus pandemic has shaken the global maritime transport. T ...
Tuesday, 29 December 20
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX UP 0.66 PCT - XINHUA
China Taiyuan coal transaction price index stood at 134.78 points Monday, up 0.66 percent week on week.
The index, released by China ...
Tuesday, 29 December 20
CORROSION-RESISTANT STEELS FOR CARGO OIL TANKS - DNV GL
KNOWLEDGE TO ELEVATE
Crude oil is a complex mixture of substances at varying ratios and in most cases contains at least some salt water. ...
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- Bulk Trading Sa - Switzerland
- Directorate Of Revenue Intelligence - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Thiess Contractors Indonesia
- Australian Commodity Traders Exchange
- Bukit Baiduri Energy - Indonesia
- Electricity Generating Authority of Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GMR Energy Limited - India
- Wilmar Investment Holdings
- Meenaskhi Energy Private Limited - India
- Posco Energy - South Korea
- Anglo American - United Kingdom
- Rio Tinto Coal - Australia
- Altura Mining Limited, Indonesia
- Parry Sugars Refinery, India
- Economic Council, Georgia
- Sindya Power Generating Company Private Ltd
- The University of Queensland
- PetroVietnam Power Coal Import and Supply Company
- Energy Link Ltd, New Zealand
- Minerals Council of Australia
- McConnell Dowell - Australia
- Sical Logistics Limited - India
- Oldendorff Carriers - Singapore
- Georgia Ports Authority, United States
- Jaiprakash Power Ventures ltd
- Tamil Nadu electricity Board
- Bayan Resources Tbk. - Indonesia
- Gujarat Sidhee Cement - India
- Goldman Sachs - Singapore
- LBH Netherlands Bv - Netherlands
- Semirara Mining Corp, Philippines
- Borneo Indobara - Indonesia
- Siam City Cement PLC, Thailand
- TeaM Sual Corporation - Philippines
- Kartika Selabumi Mining - Indonesia
- Coastal Gujarat Power Limited - India
- Heidelberg Cement - Germany
- Edison Trading Spa - Italy
- Agrawal Coal Company - India
- Indonesian Coal Mining Association
- PTC India Limited - India
- Semirara Mining and Power Corporation, Philippines
- Standard Chartered Bank - UAE
- SMC Global Power, Philippines
- Independent Power Producers Association of India
- Cigading International Bulk Terminal - Indonesia
- Interocean Group of Companies - India
- Iligan Light & Power Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Global Green Power PLC Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Bhatia International Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Savvy Resources Ltd - HongKong
- Intertek Mineral Services - Indonesia
- Binh Thuan Hamico - Vietnam
- Therma Luzon, Inc, Philippines
- India Bulls Power Limited - India
- Electricity Authority, New Zealand
- Billiton Holdings Pty Ltd - Australia
- Bhushan Steel Limited - India
- Ambuja Cements Ltd - India
- The Treasury - Australian Government
- Meralco Power Generation, Philippines
- London Commodity Brokers - England
- Petron Corporation, Philippines
- Ministry of Transport, Egypt
- Siam City Cement - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Latin American Coal - Colombia
- Kideco Jaya Agung - Indonesia
- Makarim & Taira - Indonesia
- Tata Chemicals Ltd - India
- Straits Asia Resources Limited - Singapore
- Thai Mozambique Logistica
- Wood Mackenzie - Singapore
- Baramulti Group, Indonesia
- Global Coal Blending Company Limited - Australia
- Gujarat Mineral Development Corp Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Attock Cement Pakistan Limited
- Globalindo Alam Lestari - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Kaltim Prima Coal - Indonesia
- Pendopo Energi Batubara - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Star Paper Mills Limited - India
- Mercator Lines Limited - India
- International Coal Ventures Pvt Ltd - India
- Australian Coal Association
- GAC Shipping (India) Pvt Ltd
- Formosa Plastics Group - Taiwan
- ASAPP Information Group - India
- Pipit Mutiara Jaya. PT, Indonesia
- Indian Oil Corporation Limited
- Indian Energy Exchange, India
- Bukit Makmur.PT - Indonesia
- Medco Energi Mining Internasional
- Samtan Co., Ltd - South Korea
- Kepco SPC Power Corporation, Philippines
- Sakthi Sugars Limited - India
- New Zealand Coal & Carbon
- CIMB Investment Bank - Malaysia
- Karbindo Abesyapradhi - Indoneisa
- MS Steel International - UAE
- Kobexindo Tractors - Indoneisa
- Metalloyd Limited - United Kingdom
- Holcim Trading Pte Ltd - Singapore
- SN Aboitiz Power Inc, Philippines
- IEA Clean Coal Centre - UK
- Cement Manufacturers Association - India
- Manunggal Multi Energi - Indonesia
- Lanco Infratech Ltd - India
- The State Trading Corporation of India Ltd
- Coal and Oil Company - UAE
- Salva Resources Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indo Tambangraya Megah - Indonesia
- Eastern Coal Council - USA
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Timah Investasi Mineral - Indoneisa
- Videocon Industries ltd - India
- Grasim Industreis Ltd - India
- Mintek Dendrill Indonesia
- Africa Commodities Group - South Africa
- Gujarat Electricity Regulatory Commission - India
- Singapore Mercantile Exchange
- Ind-Barath Power Infra Limited - India
- Eastern Energy - Thailand
- Energy Development Corp, Philippines
- San Jose City I Power Corp, Philippines
- Price Waterhouse Coopers - Russia
- Antam Resourcindo - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Xindia Steels Limited - India
- Bhoruka Overseas - Indonesia
- Simpson Spence & Young - Indonesia
- Ministry of Finance - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Vedanta Resources Plc - India
- Indika Energy - Indonesia
- Mercuria Energy - Indonesia
- GVK Power & Infra Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Essar Steel Hazira Ltd - India
- Indogreen Group - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Karaikal Port Pvt Ltd - India
- Marubeni Corporation - India
- TNB Fuel Sdn Bhd - Malaysia
- European Bulk Services B.V. - Netherlands
- Coalindo Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Vizag Seaport Private Limited - India
- Kumho Petrochemical, South Korea
- Dalmia Cement Bharat India
- SMG Consultants - Indonesia
- Planning Commission, India
- Banpu Public Company Limited - Thailand
- Trasteel International SA, Italy
- Riau Bara Harum - Indonesia
- Central Electricity Authority - India
- Orica Mining Services - Indonesia
- Deloitte Consulting - India
- Neyveli Lignite Corporation Ltd, - India
- Petrochimia International Co. Ltd.- Taiwan
- Central Java Power - Indonesia
- Global Business Power Corporation, Philippines
- Ministry of Mines - Canada
- White Energy Company Limited
- Jorong Barutama Greston.PT - Indonesia
- PowerSource Philippines DevCo
- IHS Mccloskey Coal Group - USA
- Kalimantan Lumbung Energi - Indonesia
- Chamber of Mines of South Africa
- Aboitiz Power Corporation - Philippines
- Uttam Galva Steels Limited - India
- Aditya Birla Group - India
- Vijayanagar Sugar Pvt Ltd - India
- VISA Power Limited - India
- Barasentosa Lestari - Indonesia
- Bangladesh Power Developement Board
- Chettinad Cement Corporation Ltd - India
- Romanian Commodities Exchange
- GN Power Mariveles Coal Plant, Philippines
- Bharathi Cement Corporation - India
- Power Finance Corporation Ltd., India
- Sojitz Corporation - Japan
- CNBM International Corporation - China
- Ceylon Electricity Board - Sri Lanka
- Kohat Cement Company Ltd. - Pakistan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sree Jayajothi Cements Limited - India
- Commonwealth Bank - Australia
- Carbofer General Trading SA - India
- Malabar Cements Ltd - India
- Orica Australia Pty. Ltd.
- Larsen & Toubro Limited - India
- Krishnapatnam Port Company Ltd. - India
- Renaissance Capital - South Africa
- Leighton Contractors Pty Ltd - Australia
- Toyota Tsusho Corporation, Japan
- Directorate General of MIneral and Coal - Indonesia
- Jindal Steel & Power Ltd - India
- South Luzon Thermal Energy Corporation
- Miang Besar Coal Terminal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Madhucon Powers Ltd - India
- Parliament of New Zealand
- Merrill Lynch Commodities Europe
- Mjunction Services Limited - India
- Sarangani Energy Corporation, Philippines
- ICICI Bank Limited - India
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