We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
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
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Friday, 23 February 24
STRONG OUTLOOK FOR THE TANKER MARKET IN 2024 AND BEYOND - DNV
Several factors have aligned over the past two years to create a robust and profitable market for tanker owners, which is expected to drive newbuil ...
Friday, 23 February 24
AUSTRALIAN COAL FLOWS TO ASIA HOVER ABOVE LAST YEAR’S VOLUME TONNES - SIGNAL GROUP
In the final days of February, the dry bulk freight market appeared to maintain a relatively stable momentum, particularly evident in the large ves ...
Friday, 23 February 24
RUSSIAN COAL SHIPMENTS FALL 14% AS SANCTIONS BITE - BIMCO
During the first seven weeks of 2024, Russian coal shipments have fallen 14% y/y. Volumes have gradually declined since October 2023 when logistica ...
Thursday, 22 February 24
BIMCO PUBLISHES SHIP FINANCING FORMS TO ENSURE UNINTERRUPTED USE OF SHIPS
BIMCO has published two standard Quiet Enjoyment Letters (QELs), the first standard form QELs available to the industry, to offer a tool that can e ...
Monday, 19 February 24
METALS INVESTMENT: THE DARKEST HOUR IS JUST BEFORE THE DAWN - WOOD MACKENZIE
Things often seem at their worst just before they get better. In terms of meeting our net zero 2050 scenario, we’ve reached a watershed momen ...
|
|
|
Showing 31 to 35 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Bukit Baiduri Energy - Indonesia
- Standard Chartered Bank - UAE
- Price Waterhouse Coopers - Russia
- Oldendorff Carriers - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- London Commodity Brokers - England
- Independent Power Producers Association of India
- Chettinad Cement Corporation Ltd - India
- Bhushan Steel Limited - India
- Parliament of New Zealand
- Dalmia Cement Bharat India
- Asmin Koalindo Tuhup - Indonesia
- Meralco Power Generation, Philippines
- Heidelberg Cement - Germany
- Bharathi Cement Corporation - India
- Sakthi Sugars Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Deloitte Consulting - India
- Central Java Power - Indonesia
- International Coal Ventures Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Electricity Authority, New Zealand
- South Luzon Thermal Energy Corporation
- IEA Clean Coal Centre - UK
- Aditya Birla Group - India
- Holcim Trading Pte Ltd - Singapore
- Binh Thuan Hamico - Vietnam
- Jorong Barutama Greston.PT - Indonesia
- Australian Coal Association
- MS Steel International - UAE
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GVK Power & Infra Limited - India
- Romanian Commodities Exchange
- Formosa Plastics Group - Taiwan
- Kideco Jaya Agung - Indonesia
- Bhoruka Overseas - Indonesia
- Salva Resources Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Orica Australia Pty. Ltd.
- New Zealand Coal & Carbon
- Global Business Power Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Vedanta Resources Plc - India
- Kobexindo Tractors - Indoneisa
- Semirara Mining and Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Bayan Resources Tbk. - Indonesia
- Indika Energy - Indonesia
- Economic Council, Georgia
- Renaissance Capital - South Africa
- Marubeni Corporation - India
- Barasentosa Lestari - Indonesia
- Mintek Dendrill Indonesia
- Kumho Petrochemical, South Korea
- Kartika Selabumi Mining - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Videocon Industries ltd - India
- Agrawal Coal Company - India
- ICICI Bank Limited - India
- Global Green Power PLC Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Trasteel International SA, Italy
- Commonwealth Bank - Australia
- Siam City Cement - Thailand
- Directorate Of Revenue Intelligence - India
- Port Waratah Coal Services - Australia
- Planning Commission, India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Therma Luzon, Inc, Philippines
- Power Finance Corporation Ltd., India
- Georgia Ports Authority, United States
- Ministry of Mines - Canada
- Banpu Public Company Limited - Thailand
- SMG Consultants - Indonesia
- Madhucon Powers Ltd - India
- Goldman Sachs - Singapore
- Simpson Spence & Young - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Xindia Steels Limited - India
- Chamber of Mines of South Africa
- Siam City Cement PLC, Thailand
- Indian Energy Exchange, India
- Sarangani Energy Corporation, Philippines
- Minerals Council of Australia
- OPG Power Generation Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Thiess Contractors Indonesia
- Jaiprakash Power Ventures ltd
- Straits Asia Resources Limited - Singapore
- Timah Investasi Mineral - Indoneisa
- Essar Steel Hazira Ltd - India
- Rio Tinto Coal - Australia
- Gujarat Electricity Regulatory Commission - India
- Altura Mining Limited, Indonesia
- Bangladesh Power Developement Board
- Pendopo Energi Batubara - Indonesia
- Star Paper Mills Limited - India
- Eastern Coal Council - USA
- Karaikal Port Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Ministry of Finance - Indonesia
- Anglo American - United Kingdom
- Malabar Cements Ltd - India
- Gujarat Sidhee Cement - India
- Cement Manufacturers Association - India
- Kohat Cement Company Ltd. - Pakistan
- Maharashtra Electricity Regulatory Commission - India
- Ind-Barath Power Infra Limited - India
- Latin American Coal - Colombia
- Iligan Light & Power Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Wood Mackenzie - Singapore
- Rashtriya Ispat Nigam Limited - India
- Toyota Tsusho Corporation, Japan
- White Energy Company Limited
- Mjunction Services Limited - India
- Samtan Co., Ltd - South Korea
- Meenaskhi Energy Private Limited - India
- Semirara Mining Corp, Philippines
- Kapuas Tunggal Persada - Indonesia
- Attock Cement Pakistan Limited
- Energy Link Ltd, New Zealand
- Alfred C Toepfer International GmbH - Germany
- Interocean Group of Companies - India
- Larsen & Toubro Limited - India
- IHS Mccloskey Coal Group - USA
- The State Trading Corporation of India Ltd
- Eastern Energy - Thailand
- GN Power Mariveles Coal Plant, Philippines
- PNOC Exploration Corporation - Philippines
- Wilmar Investment Holdings
- Indian Oil Corporation Limited
- Savvy Resources Ltd - HongKong
- McConnell Dowell - Australia
- Indo Tambangraya Megah - Indonesia
- Kepco SPC Power Corporation, Philippines
- Riau Bara Harum - Indonesia
- Indonesian Coal Mining Association
- Edison Trading Spa - Italy
- Energy Development Corp, Philippines
- Billiton Holdings Pty Ltd - Australia
- Petron Corporation, Philippines
- Bhatia International Limited - India
- Uttam Galva Steels Limited - India
- Mercuria Energy - Indonesia
- SMC Global Power, Philippines
- Electricity Generating Authority of Thailand
- Parry Sugars Refinery, India
- SN Aboitiz Power Inc, Philippines
- Australian Commodity Traders Exchange
- San Jose City I Power Corp, Philippines
- Manunggal Multi Energi - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Lanco Infratech Ltd - India
- Bulk Trading Sa - Switzerland
- Karbindo Abesyapradhi - Indoneisa
- Ambuja Cements Ltd - India
- Grasim Industreis Ltd - India
- Thai Mozambique Logistica
- Baramulti Group, Indonesia
- Orica Mining Services - Indonesia
- VISA Power Limited - India
- Coastal Gujarat Power Limited - India
- Globalindo Alam Lestari - Indonesia
- Singapore Mercantile Exchange
- Carbofer General Trading SA - India
- Coal and Oil Company - UAE
- PowerSource Philippines DevCo
- Antam Resourcindo - Indonesia
- Merrill Lynch Commodities Europe
- Cigading International Bulk Terminal - Indonesia
- Bukit Makmur.PT - Indonesia
- Kaltim Prima Coal - Indonesia
- LBH Netherlands Bv - Netherlands
- Global Coal Blending Company Limited - Australia
- Borneo Indobara - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- India Bulls Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- Sojitz Corporation - Japan
- Tamil Nadu electricity Board
- The University of Queensland
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Metalloyd Limited - United Kingdom
- Indogreen Group - Indonesia
- Aboitiz Power Corporation - Philippines
- TeaM Sual Corporation - Philippines
- ASAPP Information Group - India
- Jindal Steel & Power Ltd - India
- Vizag Seaport Private Limited - India
- Tata Chemicals Ltd - India
- Sical Logistics Limited - India
- Central Electricity Authority - India
- Directorate General of MIneral and Coal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Vijayanagar Sugar Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- European Bulk Services B.V. - Netherlands
- Mercator Lines Limited - India
- Miang Besar Coal Terminal - Indonesia
- PTC India Limited - India
- GAC Shipping (India) Pvt Ltd
- PetroVietnam Power Coal Import and Supply Company
- Coalindo Energy - Indonesia
- The Treasury - Australian Government
- Neyveli Lignite Corporation Ltd, - India
- GMR Energy Limited - India
- CIMB Investment Bank - Malaysia
- Pipit Mutiara Jaya. PT, Indonesia
- Africa Commodities Group - South Africa
- Medco Energi Mining Internasional
- CNBM International Corporation - China
- Posco Energy - South Korea
- AsiaOL BioFuels Corp., Philippines
- Makarim & Taira - Indonesia
- Ministry of Transport, Egypt
|
| |
| |
|