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Sunday, 09 April 23
COAL INDIA TO BOOST SUPPLIES TO INDUSTRIES AS UTILITIES’ INVENTORIES RISE - REUTERS
Coal India Ltd will increase supplies to industries, the world’s largest coal miner said on Wednesday as fuel inventories at utilities run by coal increased by over two-fifths over the last one year.
The state-run miner has historically prioritised supplies to power plants, sometimes at the expense of the non-regulated sector – which includes industries such as aluminium smelters and steel mills.
This year, Coal India is hopeful of increasing supplies to the power sector by 4% to 610 million tonnes, as it targets production of 780 million tonnes.
“With 610 million tonnes programmed to meet the power sector’s demand, availability of coal for the non-regulated sector increases sizeably,” the company said in a statement.
The miner could raise supplies to the industries by as much as 170 million tonnes during fiscal year 2024, compared with 108 million tonnes in 2022/23 – which was the lowest in at least four years.
“Even after compensating for any unforeseen demand surge from thermal power plants, coal accessibility to the non-regulated sector would be much better in 2023/24,” the company added.
A rise in sales to industries typically offers higher margins than its mainstay long-term contracts with utilities, and could help the company add to its higher profits over the last few quarters.
Higher profits have helped the miner’s shares climb 17.3% in the last one year, despite a 1.5% fall in the broader Nifty index during the same period.
The company improved its supplies to utilities during fiscal year 2022/23 due to record production, helping India recover from a crippling coal shortage that had caused widespread power cuts in April.
Coal accounts for 73% of India’s power generation and utilities account for more than 75% of its use. India is the world’s second-largest producer, consumer, and importer of the fossil fuel.
Source: Reuters
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Friday, 05 January 24
BANGLADESH’S 2023 COAL-FIRED POWER OUTPUT TRIPLED, EASING SHORTAGES - REUTERS
Bangladesh nearly tripled its coal-fired power output in 2023, a Reuters analysis of government data showed, helping it tide over the worst power s ...
Tuesday, 02 January 24
COAL TRADE CONTINUES TO HEAD EAST - BALTIC EXCHANGE
The global coal trade, once concentrated in the Pacific and Atlantic basins, is undergoing a significant transformation, as highlighted in the Inte ...
Tuesday, 02 January 24
COAL CARGOES: AVOIDING EXPLOSION AND SELF-HEATING - GARD
KNOWLEDGE TO ELEVATE
Despite its contribution to greenhouse gas emissions, global coal consumption climbed to an all-time high in 2022 and is ...
Tuesday, 02 January 24
SINOPEC FORECASTS CHINA’S COAL CONSUMPTION TO PEAK AROUND 2025 - REUTERS
China Petrochemical Corp, or Sinopec, expects coal consumption to peak around 2025 at 4.37 billion metric tons, the state energy group said in an o ...
Thursday, 07 December 23
CHINA TO SET UP COAL PRODUCTION RESERVE TO STABILISE PRICES - REUTERS
China will establish a back-up coal production system by 2027 to stabilise prices and secure coal supply, the state planner said on Wednesday, even ...
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- Sical Logistics Limited - India
- GVK Power & Infra Limited - India
- Aboitiz Power Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- PowerSource Philippines DevCo
- Electricity Generating Authority of Thailand
- New Zealand Coal & Carbon
- Antam Resourcindo - Indonesia
- Sree Jayajothi Cements Limited - India
- Ambuja Cements Ltd - India
- Coalindo Energy - Indonesia
- PTC India Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kepco SPC Power Corporation, Philippines
- Mercuria Energy - Indonesia
- VISA Power Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Australian Commodity Traders Exchange
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Orica Mining Services - Indonesia
- International Coal Ventures Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Holcim Trading Pte Ltd - Singapore
- India Bulls Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Trasteel International SA, Italy
- Metalloyd Limited - United Kingdom
- Australian Coal Association
- Central Java Power - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Port Waratah Coal Services - Australia
- Bulk Trading Sa - Switzerland
- Riau Bara Harum - Indonesia
- Tamil Nadu electricity Board
- Indian Energy Exchange, India
- Madhucon Powers Ltd - India
- Goldman Sachs - Singapore
- Maheswari Brothers Coal Limited - India
- Carbofer General Trading SA - India
- Interocean Group of Companies - India
- Rashtriya Ispat Nigam Limited - India
- Indo Tambangraya Megah - Indonesia
- Makarim & Taira - Indonesia
- Timah Investasi Mineral - Indoneisa
- GAC Shipping (India) Pvt Ltd
- LBH Netherlands Bv - Netherlands
- Kumho Petrochemical, South Korea
- Siam City Cement PLC, Thailand
- Mercator Lines Limited - India
- Sarangani Energy Corporation, Philippines
- Banpu Public Company Limited - Thailand
- OPG Power Generation Pvt Ltd - India
- Commonwealth Bank - Australia
- Chamber of Mines of South Africa
- Meenaskhi Energy Private Limited - India
- Toyota Tsusho Corporation, Japan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Wood Mackenzie - Singapore
- Bangladesh Power Developement Board
- Energy Development Corp, Philippines
- Planning Commission, India
- Straits Asia Resources Limited - Singapore
- Price Waterhouse Coopers - Russia
- Kohat Cement Company Ltd. - Pakistan
- Semirara Mining and Power Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Global Coal Blending Company Limited - Australia
- South Luzon Thermal Energy Corporation
- Wilmar Investment Holdings
- Salva Resources Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Kaltim Prima Coal - Indonesia
- Jaiprakash Power Ventures ltd
- Indogreen Group - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- The Treasury - Australian Government
- European Bulk Services B.V. - Netherlands
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Global Business Power Corporation, Philippines
- Latin American Coal - Colombia
- Medco Energi Mining Internasional
- Kartika Selabumi Mining - Indonesia
- Kideco Jaya Agung - Indonesia
- CNBM International Corporation - China
- GMR Energy Limited - India
- Ministry of Mines - Canada
- Tata Chemicals Ltd - India
- Intertek Mineral Services - Indonesia
- Borneo Indobara - Indonesia
- Directorate Of Revenue Intelligence - India
- Oldendorff Carriers - Singapore
- McConnell Dowell - Australia
- Power Finance Corporation Ltd., India
- Romanian Commodities Exchange
- Mintek Dendrill Indonesia
- Parry Sugars Refinery, India
- Karbindo Abesyapradhi - Indoneisa
- ICICI Bank Limited - India
- Malabar Cements Ltd - India
- Semirara Mining Corp, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Offshore Bulk Terminal Pte Ltd, Singapore
- Larsen & Toubro Limited - India
- PNOC Exploration Corporation - Philippines
- Vedanta Resources Plc - India
- Attock Cement Pakistan Limited
- Energy Link Ltd, New Zealand
- The University of Queensland
- SMC Global Power, Philippines
- Africa Commodities Group - South Africa
- Economic Council, Georgia
- Bhatia International Limited - India
- Uttam Galva Steels Limited - India
- Ind-Barath Power Infra Limited - India
- Independent Power Producers Association of India
- Essar Steel Hazira Ltd - India
- Mjunction Services Limited - India
- Bayan Resources Tbk. - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Jorong Barutama Greston.PT - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Krishnapatnam Port Company Ltd. - India
- Sojitz Corporation - Japan
- Merrill Lynch Commodities Europe
- Star Paper Mills Limited - India
- Binh Thuan Hamico - Vietnam
- San Jose City I Power Corp, Philippines
- Pendopo Energi Batubara - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Petron Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Dalmia Cement Bharat India
- Posco Energy - South Korea
- IEA Clean Coal Centre - UK
- Ceylon Electricity Board - Sri Lanka
- TNB Fuel Sdn Bhd - Malaysia
- Minerals Council of Australia
- Gujarat Sidhee Cement - India
- Singapore Mercantile Exchange
- Altura Mining Limited, Indonesia
- Miang Besar Coal Terminal - Indonesia
- Indian Oil Corporation Limited
- Vizag Seaport Private Limited - India
- Renaissance Capital - South Africa
- Grasim Industreis Ltd - India
- The State Trading Corporation of India Ltd
- Eastern Energy - Thailand
- Heidelberg Cement - Germany
- SMG Consultants - Indonesia
- Karaikal Port Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Chettinad Cement Corporation Ltd - India
- Siam City Cement - Thailand
- Sindya Power Generating Company Private Ltd
- Leighton Contractors Pty Ltd - Australia
- Ministry of Finance - Indonesia
- Thai Mozambique Logistica
- Gujarat Mineral Development Corp Ltd - India
- SN Aboitiz Power Inc, Philippines
- Indonesian Coal Mining Association
- Kobexindo Tractors - Indoneisa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- MS Steel International - UAE
- Manunggal Multi Energi - Indonesia
- Jindal Steel & Power Ltd - India
- Global Green Power PLC Corporation, Philippines
- Lanco Infratech Ltd - India
- Samtan Co., Ltd - South Korea
- Cigading International Bulk Terminal - Indonesia
- White Energy Company Limited
- Ministry of Transport, Egypt
- Billiton Holdings Pty Ltd - Australia
- Indika Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Anglo American - United Kingdom
- London Commodity Brokers - England
- Eastern Coal Council - USA
- CIMB Investment Bank - Malaysia
- Asmin Koalindo Tuhup - Indonesia
- TeaM Sual Corporation - Philippines
- Formosa Plastics Group - Taiwan
- Therma Luzon, Inc, Philippines
- Thiess Contractors Indonesia
- Georgia Ports Authority, United States
- Bhushan Steel Limited - India
- Standard Chartered Bank - UAE
- Baramulti Group, Indonesia
- Savvy Resources Ltd - HongKong
- IHS Mccloskey Coal Group - USA
- Xindia Steels Limited - India
- Bukit Baiduri Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Edison Trading Spa - Italy
- Electricity Authority, New Zealand
- Bhoruka Overseas - Indonesia
- Coal and Oil Company - UAE
- Marubeni Corporation - India
- Bahari Cakrawala Sebuku - Indonesia
- Aditya Birla Group - India
- Parliament of New Zealand
- Videocon Industries ltd - India
- Cement Manufacturers Association - India
- Agrawal Coal Company - India
- Simpson Spence & Young - Indonesia
- Bharathi Cement Corporation - India
- Rio Tinto Coal - Australia
- Sakthi Sugars Limited - India
- Central Electricity Authority - India
- ASAPP Information Group - India
- Deloitte Consulting - India
- Kapuas Tunggal Persada - Indonesia
- Meralco Power Generation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Petrochimia International Co. Ltd.- Taiwan
- Orica Australia Pty. Ltd.
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