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Tuesday, 23 May 23
INDIA: COAL OUTPUT UP 8.9%, SUPPLY RISES 11.7% IN APRIL - FINANCIAL EXPRESS
India’s coal production jumped 8.85% to 73.14 million tonne (MT) in April 2023 and the total coal despatch during the month went up 11.66% to 80.35 MT as against the corresponding figures in the previous year.
In April 2022, coal production stood at 67.20 MT and the coal supply was 71.96 MT, as per the coal ministry. The coal production in April 2023 was 94.89% of 77.08 MT target for the month. The full FY24 production target is 1,012 MT.
Coal India and subsidiaries together produced 57.57 MT of coal in April 2023, up 7.67% from 53.47 MT in April 2022. Their despatch went up 8.57% to 62.35 MT as compared to 57.43 MT in April 2022, the coal ministry data showed
The Singareni Collieries Company Ltd (SCCL) extracted 5.57 MT of coal, up 4.77% from 5.32 MT in April last year. The coal output by captive mines stood at 10 MT in April, an increase of 18.93% from 8.41 MT in April 2022.
The coal despatch to power utilities went up 6.66% from 61.33 MT in April last year to 65.41 MT last month due to improvement in rail connectivity between the major coal producing mines and the power generation companies.
Coal based power generation has registered a growth of 5.44% in April 2023 as compared to April 2022 and overall power generation in April 2023 has been 3.98% higher than the power generated in April 2022.
The total power generation from all sources in the country in April 2023 was 1,41,898 million unit (MU) as compared to 1,36,465 MU in April 2022. Coal based power generation was 1,08,106 MU in April 2023, reflecting 76.19% share in total power generation for the month.
India is the fifth largest coal producing country in the world and as it is a major coal consuming country it imports part of its coal requirement, particularly the coking coal which is less available in India and is used in the steel industry.
The coking coal production stood at 4.89 MT in April 2023, 18.07% higher than 4.14 MT in April 2022.
Source: Financial Express
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Wednesday, 21 June 23
CHINA'S MAY COAL IMPORTS FROM AUSTRALIA RECOVER TO PRE-BAN LEVELS - REUTERS
Australian coal sales to China increased in May, as trade resumed between them even as overall coal demand weakened against an uncertain macroecono ...
Monday, 19 June 23
DROUGHT-DEPLETED HYDROPOWER DRIVES CHINA TO TURN TO COAL - REUTERS
China has leant hard on coal-fired power plants as well as wind and solar generators to make up for a shortfall in hydroelectric generation as a re ...
Monday, 19 June 23
CHINA COAL OUTPUT UP 4.2 PCT IN MAY - XINHUA
China’s raw coal output posted steady growth in May, official data showed.
The country produced 390 million tonnes of raw coal ...
Wednesday, 24 May 23
AMMONIA-FUELLED BULK CARRIERS WITHIN FIVE YEARS - BALTIC EXCHANGE
Within five years, ships powered by clean ammonia could be a feature on the iron ore trade routes between West Australia and East Asia.
A study ...
Tuesday, 23 May 23
CHINA'S APRIL COAL OUTPUT LEAPS 11% ON YEAR, BUT DEMAND DOWNTURN LOOMS - REUTERS
China’s daily coal output in April jumped 11% from the same month a year earlier, boosted by Beijing’s order to increase supply to ensu ...
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