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Saturday, 11 September 21
CIL STEPS UP SUPPLY COAL TO POWER SECTOR; PER-DAY AVERAGE 20 PC HIGHER THAN LAST YEAR - PTI
 State-owned CIL on Friday said it has stepped up the supply of coal to the power sector in the first eight days of the current month, with an average of 1.39 million tonnes (MT) per day, clocking a growth of around 20 per cent y-o-y.
The development assumes significance in the wake of power plants across the country facing coal shortages.
“CIL has stepped up supplies to the power sector in the first eight days of September, clocking around 20 per cent growth at an average of 1.39 MT per day,” the state-owned firm said in a statement.
Till the same date of last year”s September, the average supply per day had stood at 1.16 MT, Coal India Ltd (CIL) said in the statement.
“We are aiming to augment the total supply further to a level of 1.8 MT per day consistently and 1.45 MT per day to the power sector,” the company said.
CIL”s e-auction bookings logged a robust 42 per cent growth during the April-August period, on the back of a demand spike in coal-based power generation and soaring international coal prices, compared to a similar period a year ago.
The booked volume during the ongoing financial year, till August, was also more than a two-fold increase compared with nearly 20 MT over the pre-pandemic April-August period of 2019.
CIL booked 53.3 million tonnes of coal in the first five months of FY22, under the five auction categories. This is nearly 16 MT higher compared with 37.5 MT of the corresponding period of FY21.
The add-on fetched was 30 per cent over notified prices.
Amid the spiralling international prices, non-power sector customers, under their exclusive auction window, opted for domestic coal accounting for 37 per cent or 19.7 MT of the total auction bookings during the April-August period. Seventy per cent of the total offered quantity was booked by them.
With the upsurge in coal-based power generation, the quantity booked by power sector customers under special forward auction more than doubled to 17.3 MT during the referred period against eight MT booked in the corresponding period a year ago.
As the international coal prices soar, generation from 14 imported coal-based power plants of the country, who source their coal from overseas, dropped by 20 per cent during the April-August period to 23.63 MW from that of 29.67 MW same period a year ago.
The contraction was 30 per cent in August when the generation was 3.95 megawatts (MW) against 5.64 MW of the same month last year. This resulted in additional demand for domestic coal.
CIL accounts for over 80 per cent of the total domestic coal output. PTI SID SID HRS
Source: Press Trust of India
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Wednesday, 20 October 21
CHINA COAL HITS RECORD HIGH AMID TIGHT SUPPLIES - REUTERS
China coal prices hit a record high on Tuesday buoyed by a widening power crunch and cold weather despite Beijing’s efforts to bolster supply ...
Wednesday, 20 October 21
MARKET INSIGHT - INTERMODAL
IMO 2020, Ballast Water Treatment regulations, Green Recycling, GHG emissions, EEXI, CII, ETS, Fit for 55, Carbon price/levy, the Poseidon Principl ...
Tuesday, 19 October 21
SPONGE IRON SECTOR MIGHT REPORT NEGATIVE GROWTH DUE TO COAL CRISIS: SIMA - PTI
The domestic sponge iron industry might report a negative growth in the ongoing December quarter “if the shortage of coal is allowed to conti ...
Tuesday, 19 October 21
COAL INDIA, THE FALL GUY FOR POWER CRISIS - INDIA EXPRESS
The post-Covid economic recovery has led to a major increase in the demand for power, both in India and globally. In India, coal-based power plants ...
Saturday, 16 October 21
SOLAR INSTALLATION SURGE PUTS INDIA ON TRACK TO CAP COAL-FIRED POWER AS EARLY AS 2024 - IEEFA
Recent increase in solar power installations could push coal to peak sooner than expected
If India keeps installing solar capacity a ...
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- New Zealand Coal & Carbon
- Sical Logistics Limited - India
- Bukit Makmur.PT - Indonesia
- ICICI Bank Limited - India
- Standard Chartered Bank - UAE
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhoruka Overseas - Indonesia
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- Port Waratah Coal Services - Australia
- Ind-Barath Power Infra Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Dalmia Cement Bharat India
- Larsen & Toubro Limited - India
- Mercuria Energy - Indonesia
- Madhucon Powers Ltd - India
- Petron Corporation, Philippines
- Gujarat Sidhee Cement - India
- Interocean Group of Companies - India
- Intertek Mineral Services - Indonesia
- Eastern Energy - Thailand
- Mjunction Services Limited - India
- Australian Coal Association
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- Semirara Mining Corp, Philippines
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- McConnell Dowell - Australia
- Goldman Sachs - Singapore
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- Bukit Baiduri Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Star Paper Mills Limited - India
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- IHS Mccloskey Coal Group - USA
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- White Energy Company Limited
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- Bahari Cakrawala Sebuku - Indonesia
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- The State Trading Corporation of India Ltd
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- The University of Queensland
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- Bhushan Steel Limited - India
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- Africa Commodities Group - South Africa
- Economic Council, Georgia
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- Directorate General of MIneral and Coal - Indonesia
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- Ministry of Transport, Egypt
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- Kaltim Prima Coal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Power Finance Corporation Ltd., India
- Siam City Cement PLC, Thailand
- Kideco Jaya Agung - Indonesia
- Metalloyd Limited - United Kingdom
- Cigading International Bulk Terminal - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Samtan Co., Ltd - South Korea
- Pendopo Energi Batubara - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Coalindo Energy - Indonesia
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- Global Business Power Corporation, Philippines
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- Indo Tambangraya Megah - Indonesia
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- Electricity Generating Authority of Thailand
- Asmin Koalindo Tuhup - Indonesia
- Ambuja Cements Ltd - India
- SMC Global Power, Philippines
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- India Bulls Power Limited - India
- MS Steel International - UAE
- Heidelberg Cement - Germany
- Tata Chemicals Ltd - India
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- Indika Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
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- Indian Energy Exchange, India
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- Bulk Trading Sa - Switzerland
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- Gujarat Mineral Development Corp Ltd - India
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- Mintek Dendrill Indonesia
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Oldendorff Carriers - Singapore
- Videocon Industries ltd - India
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- Neyveli Lignite Corporation Ltd, - India
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- Central Java Power - Indonesia
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Independent Power Producers Association of India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Edison Trading Spa - Italy
- TNB Fuel Sdn Bhd - Malaysia
- Planning Commission, India
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- Chettinad Cement Corporation Ltd - India
- IEA Clean Coal Centre - UK
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- Minerals Council of Australia
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- Cement Manufacturers Association - India
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- Vedanta Resources Plc - India
- Attock Cement Pakistan Limited
- Directorate Of Revenue Intelligence - India
- TeaM Sual Corporation - Philippines
- Bangladesh Power Developement Board
- Eastern Coal Council - USA
- Manunggal Multi Energi - Indonesia
- Sarangani Energy Corporation, Philippines
- Rio Tinto Coal - Australia
- Kohat Cement Company Ltd. - Pakistan
- Therma Luzon, Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- European Bulk Services B.V. - Netherlands
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- Trasteel International SA, Italy
- Bayan Resources Tbk. - Indonesia
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- Maharashtra Electricity Regulatory Commission - India
- Sakthi Sugars Limited - India
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- OPG Power Generation Pvt Ltd - India
- Sojitz Corporation - Japan
- The Treasury - Australian Government
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