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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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Friday, 15 October 21
GLOBAL STEEL DEMAND GROWTH DOWNGRADED FOR 2021 DUE TO CHINA - WORLD STEEL ASSOCIATION
The World Steel Association (worldsteel) today released an update of its Short Range Outlook (SRO) for 2021 and 2022. worldsteel forecasts that ste ...
Thursday, 14 October 21
SPIKING COAL PRICES: DON’T BLAME THE ENERGY TRANSITION - IEEFA
Volatility highlights urgency for renewables-based energy solutions
“Energy crisis.” The phrase evokes nearly-forgotten ...
Thursday, 14 October 21
EIA FORECASTS U.S. COAL PRODUCTION TOTALS 588 MMST IN 2021, UP 53 MMST YOY
U.S. coal production in EIA's forecasts totals 588 million short tons (MMst) in 2021, 53 MMst more than in 2020.
According ...
Wednesday, 13 October 21
COAL PRICES ARE ROARING BACK AMID A GLOBAL ENERGY CRUNCH - SYDNEY MORNING HERALD
Soaring coal prices have placed Australia’s mining and energy exports on track to reach a record $349 billion this year evenas the value of t ...
Wednesday, 13 October 21
CHINA ISN'T THE ONLY HUGE ASIAN ECONOMY WITH A COAL SHORTAGE NOW - CNBC
China is not the only Asian giant grappling with an energy crunch — India is also teetering on the edge of a power crisis.
Mos ...
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- Global Business Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Vizag Seaport Private Limited - India
- Leighton Contractors Pty Ltd - Australia
- Bhoruka Overseas - Indonesia
- Baramulti Group, Indonesia
- Australian Coal Association
- Semirara Mining and Power Corporation, Philippines
- London Commodity Brokers - England
- Karaikal Port Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Alfred C Toepfer International GmbH - Germany
- CIMB Investment Bank - Malaysia
- Price Waterhouse Coopers - Russia
- Parry Sugars Refinery, India
- Lanco Infratech Ltd - India
- Mercuria Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Pipit Mutiara Jaya. PT, Indonesia
- Bayan Resources Tbk. - Indonesia
- Vedanta Resources Plc - India
- Uttam Galva Steels Limited - India
- Carbofer General Trading SA - India
- Ind-Barath Power Infra Limited - India
- Deloitte Consulting - India
- Bukit Baiduri Energy - Indonesia
- Kumho Petrochemical, South Korea
- Independent Power Producers Association of India
- India Bulls Power Limited - India
- Energy Development Corp, Philippines
- Goldman Sachs - Singapore
- Malabar Cements Ltd - India
- Oldendorff Carriers - Singapore
- Antam Resourcindo - Indonesia
- Rio Tinto Coal - Australia
- Orica Mining Services - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Riau Bara Harum - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- SMC Global Power, Philippines
- Videocon Industries ltd - India
- Cigading International Bulk Terminal - Indonesia
- Therma Luzon, Inc, Philippines
- Posco Energy - South Korea
- Indika Energy - Indonesia
- Minerals Council of Australia
- Australian Commodity Traders Exchange
- Gujarat Mineral Development Corp Ltd - India
- The State Trading Corporation of India Ltd
- GN Power Mariveles Coal Plant, Philippines
- Africa Commodities Group - South Africa
- Rashtriya Ispat Nigam Limited - India
- Banpu Public Company Limited - Thailand
- MS Steel International - UAE
- Chamber of Mines of South Africa
- GAC Shipping (India) Pvt Ltd
- The University of Queensland
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Coalindo Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- GMR Energy Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Sarangani Energy Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Dalmia Cement Bharat India
- Eastern Energy - Thailand
- Petron Corporation, Philippines
- Trasteel International SA, Italy
- Indian Energy Exchange, India
- Karbindo Abesyapradhi - Indoneisa
- Attock Cement Pakistan Limited
- Mercator Lines Limited - India
- Thai Mozambique Logistica
- Singapore Mercantile Exchange
- Indonesian Coal Mining Association
- ASAPP Information Group - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Madhucon Powers Ltd - India
- PowerSource Philippines DevCo
- Gujarat Sidhee Cement - India
- Eastern Coal Council - USA
- Offshore Bulk Terminal Pte Ltd, Singapore
- PTC India Limited - India
- Meenaskhi Energy Private Limited - India
- White Energy Company Limited
- Billiton Holdings Pty Ltd - Australia
- Bhushan Steel Limited - India
- Merrill Lynch Commodities Europe
- South Luzon Thermal Energy Corporation
- San Jose City I Power Corp, Philippines
- Edison Trading Spa - Italy
- Bukit Makmur.PT - Indonesia
- Simpson Spence & Young - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- International Coal Ventures Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Ambuja Cements Ltd - India
- Indo Tambangraya Megah - Indonesia
- Aditya Birla Group - India
- Bharathi Cement Corporation - India
- European Bulk Services B.V. - Netherlands
- Kohat Cement Company Ltd. - Pakistan
- IHS Mccloskey Coal Group - USA
- Sree Jayajothi Cements Limited - India
- SN Aboitiz Power Inc, Philippines
- Directorate Of Revenue Intelligence - India
- OPG Power Generation Pvt Ltd - India
- Latin American Coal - Colombia
- Vijayanagar Sugar Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Samtan Co., Ltd - South Korea
- Binh Thuan Hamico - Vietnam
- New Zealand Coal & Carbon
- Planning Commission, India
- Ministry of Finance - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Tata Chemicals Ltd - India
- Central Java Power - Indonesia
- Aboitiz Power Corporation - Philippines
- Thiess Contractors Indonesia
- Sojitz Corporation - Japan
- TeaM Sual Corporation - Philippines
- Jaiprakash Power Ventures ltd
- Economic Council, Georgia
- AsiaOL BioFuels Corp., Philippines
- Kartika Selabumi Mining - Indonesia
- Electricity Generating Authority of Thailand
- Star Paper Mills Limited - India
- IEA Clean Coal Centre - UK
- Kaltim Prima Coal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Electricity Authority, New Zealand
- Makarim & Taira - Indonesia
- Ministry of Mines - Canada
- Essar Steel Hazira Ltd - India
- Maheswari Brothers Coal Limited - India
- Sakthi Sugars Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Toyota Tsusho Corporation, Japan
- Semirara Mining Corp, Philippines
- Manunggal Multi Energi - Indonesia
- Bangladesh Power Developement Board
- Jindal Steel & Power Ltd - India
- ICICI Bank Limited - India
- Iligan Light & Power Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Wood Mackenzie - Singapore
- Global Coal Blending Company Limited - Australia
- Savvy Resources Ltd - HongKong
- Tamil Nadu electricity Board
- Coastal Gujarat Power Limited - India
- Metalloyd Limited - United Kingdom
- Bank of Tokyo Mitsubishi UFJ Ltd
- Wilmar Investment Holdings
- Anglo American - United Kingdom
- Cement Manufacturers Association - India
- Bukit Asam (Persero) Tbk - Indonesia
- VISA Power Limited - India
- Intertek Mineral Services - Indonesia
- Sical Logistics Limited - India
- Altura Mining Limited, Indonesia
- Siam City Cement - Thailand
- Larsen & Toubro Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Barasentosa Lestari - Indonesia
- Siam City Cement PLC, Thailand
- Georgia Ports Authority, United States
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Salva Resources Pvt Ltd - India
- McConnell Dowell - Australia
- Miang Besar Coal Terminal - Indonesia
- Global Green Power PLC Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Kobexindo Tractors - Indoneisa
- Agrawal Coal Company - India
- Standard Chartered Bank - UAE
- Ceylon Electricity Board - Sri Lanka
- Medco Energi Mining Internasional
- Pendopo Energi Batubara - Indonesia
- Commonwealth Bank - Australia
- Bhatia International Limited - India
- Kepco SPC Power Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Jorong Barutama Greston.PT - Indonesia
- Coal and Oil Company - UAE
- Romanian Commodities Exchange
- GVK Power & Infra Limited - India
- Heidelberg Cement - Germany
- Power Finance Corporation Ltd., India
- Ministry of Transport, Egypt
- Borneo Indobara - Indonesia
- PNOC Exploration Corporation - Philippines
- Orica Australia Pty. Ltd.
- Maharashtra Electricity Regulatory Commission - India
- Kideco Jaya Agung - Indonesia
- Sindya Power Generating Company Private Ltd
- Renaissance Capital - South Africa
- Grasim Industreis Ltd - India
- Parliament of New Zealand
- CNBM International Corporation - China
- Kapuas Tunggal Persada - Indonesia
- Mjunction Services Limited - India
- Port Waratah Coal Services - Australia
- Indogreen Group - Indonesia
- Mintek Dendrill Indonesia
- Sinarmas Energy and Mining - Indonesia
- Marubeni Corporation - India
- Gujarat Electricity Regulatory Commission - India
- SMG Consultants - Indonesia
- Indian Oil Corporation Limited
- Central Electricity Authority - India
- Energy Link Ltd, New Zealand
- Meralco Power Generation, Philippines
- Xindia Steels Limited - India
- The Treasury - Australian Government
- Interocean Group of Companies - India
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