COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Thursday, 03 February 22
COAL SHORTAGE NOW AT ALARMING LEVELS, SAY ALUMINIUM PRODUCERS - IANS
With no relief in sight despite coal stocks running critically low and production disruptions looming across the Indian aluminium sector, the Aluminium Association of India (AAI) has approached the Ministry of Coal, urging the immediate resumption of adequate coal rakes for the highly power-intensive Aluminium industry.
 
In its representation to the Ministry, the AAI has lauded the combined efforts by the Ministry of Coal and Coal India Limited in reviving domestic coal production, which has helped ease the coal supply crisis for the Power Sector. The steps undertaken by the Ministry increased the overall daily rakes dispatched from 242 rakes/day in September 2021 to 289 rakes/day in December 2021. This has drastically strengthened the coal stocks of the Power Sector to around 10 days, a marked improvement from a mere 2-3 days in the months of September-October last year.
 
However, this has come at enormous cost to the Captive Power Plants (CPP)-based industry and the worst impacted is the Indian aluminium industry, which continues to see depleting coal stocks of only 3-4 days, abysmally low compared to the prescribed level of 15 days for the sector. Struggling to cope with this prolonged crisis since the second quarter of this fiscal year, the AAI has now sought the Ministry’s support to ensure adequate supplies to the CPPs by earmarking at least 25-30 coal rakes per day to ensure viable industry operations.
 
The need for the CPPs is especially urgent, given that Aluminium production is a continuous process that requires huge volumes of uninterrupted quality power supply. This quantum can only be met only through the in-house CPPs set up by all the aluminium smelters plants to meet this specific requirement. Accordingly, the industry has established Captive Power Plants of 9,400 MW capacity (comprising 34 per cent of the cumulative thermal CPPs capacity domestically) to supply continuous power for Aluminium operations.
 
Even though the Government has reiterated that there is now an improved availability of coal in the country overall, the non-availability of rakes for the non-regulated sectors remains a major concern. Curtailing coal supplies to Captive Power Plants (CPPs) has directly resulted in a coal crunch situation for the Aluminium Sector. Any power interruption in an aluminium smelting operation for more than 2 hours can lead to the freezing of molten aluminium within the smelting pots, which takes a minimum of 6 months to fix, and then almost a year to once again begin yielding the desired metal output, causing enormous production, cost and supply disruptions. With the continued crisis, it will take over a year’s time to clear the backlog of rakes, and for the CPPs to build and maintain adequate coal stocks for sustainable operations. The crisis further aggravates with the last-minute cancellation of coal auctions for NRS, giving no relief for the domestic industry to secure coal for manufacturing and CPP-based industries.
 
With the ongoing revival of the economy and increased post-pandemic industrial activity, the CPP-based industries are highly dependent on uninterrupted coal supplies which is vital for sustainable operations and the continued cost-competitiveness of power intensive industries vis-a-vis global players. Any production curtailment by this sector will have cascading effect on consumption and downstream supply chain, thereby adversely impacting the nation’s GDP growth.
 
The AAI representation has gone on to highlight that since August 2021, the Non-Regulated Sector has been facing uncertainties in securing sufficient coal rakes for continued operations, with supplies limited to just 40-50 per cent of the required coal. This has led to a backlog of over 6000 coal rakes as most of the available coal and rakes are being diverted to the Power Sector as “Priority Coal Supplies”, even despite their coal inventory situation drastically improving.
Source: IANS


If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Thursday, 20 January 22
CHINESE COAL JUMPS OVER 6% ON PRE-HOLIDAY SUPPLY WORRY - REUTERS
China’s thermal coal futures soared more than 6% on Wednesday, hitting a level last seen in late November as investors grew concerned over ti ...


Thursday, 20 January 22
VIETNAM: COAL SECTOR SEES POSITIVE PROSPECT IN 2022 - VNA
With many signs of rising demand for coal in various economic sectors in 2022, the Vietnam National Coal – Mineral Industries Group (Vinacomi ...


Wednesday, 19 January 22
MARKET INSIGHT - INTERMODAL
Since the beginning of the year, we have been witnessing the BDI correcting downwards with sizable drops across all segments. Latest similar levels ...


Sunday, 09 January 22
INDONESIA MINISTER SAYS 'EMERGENCY OVER' ON COAL SUPPLY CRUNCH - REUTERS
Indonesia’s power emergency which has triggered a coal export ban is over but the government will still continue to discuss policies in this ...


Wednesday, 05 January 22
CHINA COAL FUTURES SURGE ON SUPPLY WORRIES AMID INDONESIA EXPORT BAN - REUTERS
China’s thermal coal futures surged by as much as 7.8per cent to kick off 2022 on concerns of supply disruptions after Indonesia, its biggest ...


   73 74 75 76 77   
Showing 371 to 375 news of total 6871
News by Category
Popular News
 
Total Members : 28,634
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Goldman Sachs - Singapore
  • Karaikal Port Pvt Ltd - India
  • KOWEPO - South Korea
  • Orica Mining Services - Indonesia
  • Bank of China, Malaysia
  • Humpuss - Indonesia
  • EIA - United States
  • Sarangani Energy Corporation, Philippines
  • San Jose City I Power Corp, Philippines
  • MEC Coal - Indonesia
  • Barasentosa Lestari - Indonesia
  • Coaltrans Conferences
  • Merrill Lynch Commodities Europe
  • The State Trading Corporation of India Ltd
  • Maheswari Brothers Coal Limited - India
  • SASOL - South Africa
  • ETA - Dubai
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Commonwealth Bank - Australia
  • Coeclerici Indonesia
  • Riau Bara Harum - Indonesia
  • Georgia Ports Authority, United States
  • Chamber of Mines of South Africa
  • Makarim & Taira - Indonesia
  • Leighton Contractors Pty Ltd - Australia
  • Sucofindo - Indonesia
  • Kobexindo Tractors - Indoneisa
  • Ince & co LLP
  • Permata Bank - Indonesia
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • IHS Mccloskey Coal Group - USA
  • CIMB Investment Bank - Malaysia
  • Thomson Reuters GRC
  • Shenhua Group - China
  • Shree Cement - India
  • Ministry of Mines - Canada
  • Videocon Industries ltd - India
  • Vijayanagar Sugar Pvt Ltd - India
  • KEPCO - South Korea
  • Vizag Seaport Private Limited - India
  • Core Mineral Indonesia
  • SUEK AG - Indonesia
  • Latin American Coal - Colombia
  • Tamil Nadu electricity Board
  • KPCL - India
  • Indian Energy Exchange, India
  • GAC Shipping (India) Pvt Ltd
  • NTPC Limited - India
  • Energy Link Ltd, New Zealand
  • TANGEDCO India
  • Petron Corporation, Philippines
  • Mitsubishi Corporation
  • Binh Thuan Hamico - Vietnam
  • Credit Suisse - India
  • Mitra SK Pvt Ltd - India
  • TGV SRAAC LIMITED, India
  • IEA Clean Coal Centre - UK
  • Tata Power - India
  • NALCO India
  • The Treasury - Australian Government
  • Cigading International Bulk Terminal - Indonesia
  • Cebu Energy, Philippines
  • Malabar Cements Ltd - India
  • Berau Coal - Indonesia
  • International Coal Ventures Pvt Ltd - India
  • The India Cements Ltd
  • London Commodity Brokers - England
  • Cement Manufacturers Association - India
  • Sical Logistics Limited - India
  • Vedanta Resources Plc - India
  • India Bulls Power Limited - India
  • IBC Asia (S) Pte Ltd
  • Gujarat Electricity Regulatory Commission - India
  • IMC Shipping - Singapore
  • Gupta Coal India Ltd
  • CCIC - Indonesia
  • Antam Resourcindo - Indonesia
  • OPG Power Generation Pvt Ltd - India
  • PTC India Limited - India
  • Pipit Mutiara Jaya. PT, Indonesia
  • Krishnapatnam Port Company Ltd. - India
  • Gujarat Mineral Development Corp Ltd - India
  • Merrill Lynch Bank
  • Mjunction Services Limited - India
  • Carbofer General Trading SA - India
  • ACC Limited - India
  • Vale Mozambique
  • Lanco Infratech Ltd - India
  • SN Aboitiz Power Inc, Philippines
  • European Bulk Services B.V. - Netherlands
  • Moodys - Singapore
  • CNBM International Corporation - China
  • PNOC Exploration Corporation - Philippines
  • TNB Fuel Sdn Bhd - Malaysia
  • ANZ Bank - Australia
  • Asian Development Bank
  • Pendopo Energi Batubara - Indonesia
  • Coal India Limited
  • Asmin Koalindo Tuhup - Indonesia
  • AsiaOL BioFuels Corp., Philippines
  • EMO - The Netherlands
  • Inco-Indonesia
  • Simpson Spence & Young - Indonesia
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • MS Steel International - UAE
  • TNPL - India
  • GVK Power & Infra Limited - India
  • Tanito Harum - Indonesia
  • Cosco
  • Bharathi Cement Corporation - India
  • Japan Coal Energy Center
  • Thai Mozambique Logistica
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Savvy Resources Ltd - HongKong
  • Platou - Singapore
  • HSBC - Hong Kong
  • PetroVietnam
  • IOL Indonesia
  • Enel Italy
  • Semirara Mining Corp, Philippines
  • Thriveni
  • UBS Singapore
  • U S Energy Resources
  • PetroVietnam Power Coal Import and Supply Company
  • Medco Energi Mining Internasional
  • Ernst & Young Pvt. Ltd.
  • Rashtriya Ispat Nigam Limited - India
  • Standard Chartered Bank - UAE
  • Sinarmas Energy and Mining - Indonesia
  • Dalmia Cement Bharat India
  • White Energy Company Limited
  • Timah Investasi Mineral - Indoneisa
  • Global Green Power PLC Corporation, Philippines
  • JPMorgan - India
  • Bangkok Bank PCL
  • Interocean Group of Companies - India
  • Kapuas Tunggal Persada - Indonesia
  • Panama Canal Authority
  • Sojitz Corporation - Japan
  • Indian Oil Corporation Limited
  • DBS Bank - Singapore
  • SMC Global Power, Philippines
  • Central Electricity Authority - India
  • Oldendorff Carriers - Singapore
  • Samsung - South Korea
  • Billiton Holdings Pty Ltd - Australia
  • Ministry of Finance - Indonesia
  • Runge Indonesia
  • Britmindo - Indonesia
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Baramulti Group, Indonesia
  • Indorama - Singapore
  • Bulk Trading Sa - Switzerland
  • Power Finance Corporation Ltd., India
  • Barclays Capital - USA
  • Global Business Power Corporation, Philippines
  • Tata Chemicals Ltd - India
  • CESC Limited - India
  • Central Java Power - Indonesia
  • Samtan Co., Ltd - South Korea
  • PLN Batubara - Indonesia
  • Platts
  • Independent Power Producers Association of India
  • Ind-Barath Power Infra Limited - India
  • BRS Brokers - Singapore
  • Bukit Asam (Persero) Tbk - Indonesia
  • Deutsche Bank - India
  • Larsen & Toubro Limited - India
  • Thiess Contractors Indonesia
  • Wilmar Investment Holdings
  • Port Waratah Coal Services - Australia
  • KPMG - USA
  • Renaissance Capital - South Africa
  • McKinsey & Co - India
  • Peabody Energy - USA
  • Indian School of Mines
  • Rudhra Energy - India
  • Adani Power Ltd - India
  • GMR Energy Limited - India
  • WorleyParsons
  • Salva Resources Pvt Ltd - India
  • Coalindo Energy - Indonesia
  • Mercator Lines Limited - India
  • Jaiprakash Power Ventures ltd
  • Xstrata Coal
  • Bank of America
  • Star Paper Mills Limited - India
  • Infraline Energy - India
  • Kartika Selabumi Mining - Indonesia
  • Intertek Mineral Services - Indonesia
  • Gujarat Sidhee Cement - India
  • World Bank
  • Lafarge - France
  • Toyota Tsusho Corporation, Japan
  • Agrawal Coal Company - India
  • GN Power Mariveles Coal Plant, Philippines
  • Maharashtra Electricity Regulatory Commission - India
  • McConnell Dowell - Australia
  • Cemex - Philippines
  • Xindia Steels Limited - India
  • Heidelberg Cement - Germany
  • Coal and Oil Company - UAE
  • Kaltim Prima Coal - Indonesia
  • SRK Consulting
  • CoalTek, United States
  • Fearnleys - India
  • Aboitiz Power Corporation - Philippines
  • Uttam Galva Steels Limited - India
  • Minerals Council of Australia
  • Neyveli Lignite Corporation Ltd, - India
  • Total Coal South Africa
  • Kohat Cement Company Ltd. - Pakistan
  • Borneo Indobara - Indonesia
  • ING Bank NV - Singapore
  • Ministry of Transport, Egypt
  • Eastern Coal Council - USA
  • Inspectorate - India
  • Thailand Anthracite
  • Sree Jayajothi Cements Limited - India
  • Aditya Birla Group - India
  • Coal Orbis AG
  • Global Coal Blending Company Limited - Australia
  • Parliament of New Zealand
  • Malco - India
  • bp singapore
  • Therma Luzon, Inc, Philippines
  • Kumho Petrochemical, South Korea
  • Electricity Generating Authority of Thailand
  • Geoservices-GeoAssay Lab
  • Indonesian Coal Mining Association
  • TRAFIGURA, South Korea
  • LBH Netherlands Bv - Netherlands
  • Africa Commodities Group - South Africa
  • RBS Sempra - UK
  • Maybank - Singapore
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Indonesia Power. PT
  • Maersk Broker
  • GNFC Limited - India
  • Surastha Cement
  • Mercuria Energy - Indonesia
  • Coastal Gujarat Power Limited - India
  • Rio Tinto Coal - Australia
  • Indika Energy - Indonesia
  • South Luzon Thermal Energy Corporation
  • Straits Asia Resources Limited - Singapore
  • Vitol - Bahrain
  • New Zealand Coal & Carbon
  • Price Waterhouse Coopers - Russia
  • Sakthi Sugars Limited - India
  • Siam City Cement PLC, Thailand
  • Romanian Commodities Exchange
  • Bangladesh Power Developement Board
  • Alfred C Toepfer International GmbH - Germany
  • Banpu Public Company Limited - Thailand
  • Altura Mining Limited, Indonesia
  • Eastern Energy - Thailand
  • Posco Energy - South Korea
  • JPower - Japan
  • Meenaskhi Energy Private Limited - India
  • globalCOAL - UK
  • PowerSource Philippines DevCo
  • Manunggal Multi Energi - Indonesia
  • Argus Media - Singapore
  • Pinang Coal Indonesia
  • Ambuja Cements Ltd - India
  • Formosa Plastics Group - Taiwan
  • Arutmin Indonesia
  • Petrochimia International Co. Ltd.- Taiwan
  • GHCL Limited - India
  • Jatenergy - Australia
  • UOB Asia (HK) Ltd
  • Marubeni Corporation - India
  • Reliance Power - India
  • Orica Australia Pty. Ltd.
  • Glencore India Pvt. Ltd
  • GB Group - China
  • Holcim Trading Pte Ltd - Singapore
  • Sindya Power Generating Company Private Ltd
  • Mintek Dendrill Indonesia
  • Directorate General of MIneral and Coal - Indonesia
  • SGS (Thailand) Limited
  • SMG Consultants - Indonesia
  • Semirara Mining and Power Corporation, Philippines
  • J M Baxi & Co - India
  • Grasim Industreis Ltd - India
  • Essar Steel Hazira Ltd - India
  • Petrosea - Indonesia
  • Adaro Indonesia
  • Bayan Resources Tbk. - Indonesia
  • Russian Coal LLC
  • Mechel - Russia
  • Directorate Of Revenue Intelligence - India
  • World Coal - UK
  • Cargill India Pvt Ltd
  • Electricity Authority, New Zealand
  • Kobe Steel Ltd - Japan
  • Noble Europe Ltd - UK
  • Anglo American - United Kingdom
  • VISA Power Limited - India
  • Parry Sugars Refinery, India
  • Ceylon Electricity Board - Sri Lanka
  • Siam City Cement - Thailand
  • Australian Coal Association
  • Energy Development Corp, Philippines
  • Clarksons - UK
  • Kalimantan Lumbung Energi - Indonesia
  • Indogreen Group - Indonesia
  • TeaM Sual Corporation - Philippines
  • Chettinad Cement Corporation Ltd - India
  • Freeport Indonesia
  • ICICI Bank Limited - India
  • BNP Paribas - Singapore
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Karbindo Abesyapradhi - Indoneisa
  • Bukit Makmur.PT - Indonesia
  • Trasteel International SA, Italy
  • The University of Queensland
  • ASAPP Information Group - India
  • Iligan Light & Power Inc, Philippines
  • Bahari Cakrawala Sebuku - Indonesia
  • Deloitte Consulting - India
  • Edison Trading Spa - Italy
  • PLN - Indonesia
  • Madhucon Powers Ltd - India
  • Metalloyd Limited - United Kingdom
  • Mitsui
  • OCBC - Singapore
  • Gresik Semen - Indonesia
  • Attock Cement Pakistan Limited
  • Jindal Steel & Power Ltd - India
  • Idemitsu - Japan
  • Australian Commodity Traders Exchange
  • Thermax Limited - India
  • Kepco SPC Power Corporation, Philippines
  • Cardiff University - UK
  • Jorong Barutama Greston.PT - Indonesia
  • Bhushan Steel Limited - India
  • Miang Besar Coal Terminal - Indonesia
  • Bhatia International Limited - India
  • APGENCO India
  • Bukit Baiduri Energy - Indonesia
  • Bhoruka Overseas - Indonesia
  • Globalindo Alam Lestari - Indonesia
  • Arch Coal - USA
  • Wood Mackenzie - Singapore
  • Asia Cement - Taiwan
  • Kideco Jaya Agung - Indonesia
  • Planning Commission, India
  • Indo Tambangraya Megah - Indonesia
  • Meralco Power Generation, Philippines
  • Maruti Cements - India
  • Economic Council, Georgia
  • Singapore Mercantile Exchange
  • Qatrana Cement - Jordan