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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 ensure security of the country’s energy supply, but the volume dropped from a record high set in March.
The immediate outlook for demand is not strong, however.
China, the world’s top coal producer, mined 362.8 million tonnes of the fuel last month, data from the National Bureau of Statistics showed on Monday, equivalent to 12.09 million tonnes per day.
That compares with the record of 12.77 million tonnes per day in March and 10.74 million tonnes per day a year before.
Production over the January-April period was 1.45 billion tonnes, also 11% higher than in the same period a year earlier, the bureau’s data showed.
China is aiming at lifting daily coal output above 12.6 million tonnes and building a national inventory of 620 million tonnes to ensure it has sufficient supply.
The government has also urged regions that largely rely on imported coal to sign more contracts of at least a year’s duration with domestic coal producers, to secure supply.
China’s central bank said that, to support more output, it had allocated an additional 100 billion yuan ($14.7 billion) of loans dedicated to coal production, storage and purchases by power plants.
Beijing has also set price caps for thermal coal under spot trade and term contracts to ease inflation pressures and balance profits between coal miners and utilities.
However, lean demand from downstream sectors, following a wide range of industrial plant shutdowns because of COVID-19 outbreaks, could weigh on further growth of coal output.
China’s April power generation plunged to a level last seen in May 2020, with thermal power output dropping 12% from a year before.
Coal inventories at utilities in eight Chinese coastal regions reached 29.66 million tonnes by May 7, 25% higher than the same period last year, data tracked by China Coal Transportation and Distribution showed.
Source: Reuters
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Wednesday, 22 November 23
INDIA: GOVERNMENT PLANS 1.4 BILLION TONNE COAL OUTPUT BY 2027 - LIVEMINT
The Union coal ministry on Monday announced plans to increase India’s coal production to 1.404 billion tonne by 2027, with an eye to further ...
Wednesday, 22 November 23
OBLIGATION. INDONESIA AIMS TO START COLLECTING LEVIES FROM COAL MINERS IN JANUARY - REUTERS
Indonesia plans to start collecting levies from coal miners in January to be used to compensate miners who sell coal to the state utility at lower ...
Tuesday, 21 November 23
INDIAN COAL POWER PLANTS’ CAPACITY UTILISATION WILL IMPROVE TO 65% THIS FISCAL: - CRISIL
Coal-based thermal power units’ plant load factor (PLF) or capacity utilisation will improve to 65 percent in the current fiscal year despite ...
Tuesday, 14 November 23
CAPITAL PRODUCT PARTNERS L.P. ANNOUNCES TRANSFORMATIVE TRANSACTION INCLUDING THE ACQUISITION OF 11 NEWBUILD LNG CARRIERS FOR $3.1 BILLION
Capital Product Partners L.P. announced that it has entered into an umbrella agreement (the “Umbrella Agreement”) with Capital Maritime ...
Tuesday, 14 November 23
COAL INDIA BEATS Q2 PROFIT VIEW ON HIGH POWER DEMAND AMID WEAK MONSOON - REUTERS
Coal India on Friday reported better-than-expected second-quarter profit, helped by high power demand and boosted production amid a weak monsoon.
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- Tamil Nadu electricity Board
- Semirara Mining and Power Corporation, Philippines
- Commonwealth Bank - Australia
- Cigading International Bulk Terminal - Indonesia
- Riau Bara Harum - Indonesia
- Ministry of Mines - Canada
- International Coal Ventures Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ceylon Electricity Board - Sri Lanka
- Essar Steel Hazira Ltd - India
- Pendopo Energi Batubara - Indonesia
- Karaikal Port Pvt Ltd - India
- Rio Tinto Coal - Australia
- Salva Resources Pvt Ltd - India
- Larsen & Toubro Limited - India
- VISA Power Limited - India
- The University of Queensland
- PTC India Limited - India
- Iligan Light & Power Inc, Philippines
- Wilmar Investment Holdings
- Kobexindo Tractors - Indoneisa
- IEA Clean Coal Centre - UK
- Uttam Galva Steels Limited - India
- Energy Link Ltd, New Zealand
- Kohat Cement Company Ltd. - Pakistan
- Savvy Resources Ltd - HongKong
- Bangladesh Power Developement Board
- Electricity Generating Authority of Thailand
- Africa Commodities Group - South Africa
- Dalmia Cement Bharat India
- Orica Australia Pty. Ltd.
- Kapuas Tunggal Persada - Indonesia
- Trasteel International SA, Italy
- Sakthi Sugars Limited - India
- London Commodity Brokers - England
- Kalimantan Lumbung Energi - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Bukit Baiduri Energy - Indonesia
- Borneo Indobara - Indonesia
- Deloitte Consulting - India
- Attock Cement Pakistan Limited
- Baramulti Group, Indonesia
- Oldendorff Carriers - Singapore
- The Treasury - Australian Government
- Gujarat Mineral Development Corp Ltd - India
- Manunggal Multi Energi - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Parry Sugars Refinery, India
- The State Trading Corporation of India Ltd
- Mintek Dendrill Indonesia
- SMC Global Power, Philippines
- Australian Commodity Traders Exchange
- LBH Netherlands Bv - Netherlands
- Petron Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Medco Energi Mining Internasional
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Jindal Steel & Power Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Vedanta Resources Plc - India
- Edison Trading Spa - Italy
- Agrawal Coal Company - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Directorate Of Revenue Intelligence - India
- Krishnapatnam Port Company Ltd. - India
- Petrochimia International Co. Ltd.- Taiwan
- GVK Power & Infra Limited - India
- White Energy Company Limited
- Simpson Spence & Young - Indonesia
- MS Steel International - UAE
- Xindia Steels Limited - India
- Meralco Power Generation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Makarim & Taira - Indonesia
- Jaiprakash Power Ventures ltd
- Port Waratah Coal Services - Australia
- Altura Mining Limited, Indonesia
- Kartika Selabumi Mining - Indonesia
- Kideco Jaya Agung - Indonesia
- SN Aboitiz Power Inc, Philippines
- Bhoruka Overseas - Indonesia
- Vizag Seaport Private Limited - India
- Bharathi Cement Corporation - India
- Latin American Coal - Colombia
- Therma Luzon, Inc, Philippines
- Gujarat Sidhee Cement - India
- Carbofer General Trading SA - India
- Sical Logistics Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bayan Resources Tbk. - Indonesia
- Australian Coal Association
- Ambuja Cements Ltd - India
- Ministry of Transport, Egypt
- Sree Jayajothi Cements Limited - India
- Malabar Cements Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Cement Manufacturers Association - India
- Anglo American - United Kingdom
- Pipit Mutiara Jaya. PT, Indonesia
- Indogreen Group - Indonesia
- GAC Shipping (India) Pvt Ltd
- European Bulk Services B.V. - Netherlands
- Orica Mining Services - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Thiess Contractors Indonesia
- Straits Asia Resources Limited - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Bhatia International Limited - India
- Coastal Gujarat Power Limited - India
- Antam Resourcindo - Indonesia
- Madhucon Powers Ltd - India
- Meenaskhi Energy Private Limited - India
- Interocean Group of Companies - India
- Kepco SPC Power Corporation, Philippines
- Marubeni Corporation - India
- PetroVietnam Power Coal Import and Supply Company
- South Luzon Thermal Energy Corporation
- Siam City Cement PLC, Thailand
- Mercator Lines Limited - India
- Bhushan Steel Limited - India
- Minerals Council of Australia
- Tata Chemicals Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indian Energy Exchange, India
- Energy Development Corp, Philippines
- Bulk Trading Sa - Switzerland
- CIMB Investment Bank - Malaysia
- SMG Consultants - Indonesia
- Grasim Industreis Ltd - India
- San Jose City I Power Corp, Philippines
- Indonesian Coal Mining Association
- Videocon Industries ltd - India
- Coalindo Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Semirara Mining Corp, Philippines
- CNBM International Corporation - China
- Georgia Ports Authority, United States
- Indian Oil Corporation Limited
- Siam City Cement - Thailand
- TeaM Sual Corporation - Philippines
- Renaissance Capital - South Africa
- Sindya Power Generating Company Private Ltd
- Thai Mozambique Logistica
- Lanco Infratech Ltd - India
- Globalindo Alam Lestari - Indonesia
- Parliament of New Zealand
- GMR Energy Limited - India
- Standard Chartered Bank - UAE
- Planning Commission, India
- Merrill Lynch Commodities Europe
- Eastern Coal Council - USA
- ICICI Bank Limited - India
- Ind-Barath Power Infra Limited - India
- Mjunction Services Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Star Paper Mills Limited - India
- Neyveli Lignite Corporation Ltd, - India
- AsiaOL BioFuels Corp., Philippines
- Economic Council, Georgia
- Intertek Mineral Services - Indonesia
- Banpu Public Company Limited - Thailand
- Central Java Power - Indonesia
- Posco Energy - South Korea
- PNOC Exploration Corporation - Philippines
- Timah Investasi Mineral - Indoneisa
- Directorate General of MIneral and Coal - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Chamber of Mines of South Africa
- Singapore Mercantile Exchange
- Aditya Birla Group - India
- Global Business Power Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Chettinad Cement Corporation Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Indika Energy - Indonesia
- Formosa Plastics Group - Taiwan
- Heidelberg Cement - Germany
- IHS Mccloskey Coal Group - USA
- ASAPP Information Group - India
- Global Green Power PLC Corporation, Philippines
- Independent Power Producers Association of India
- Indo Tambangraya Megah - Indonesia
- Price Waterhouse Coopers - Russia
- Mercuria Energy - Indonesia
- Eastern Energy - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Binh Thuan Hamico - Vietnam
- Maheswari Brothers Coal Limited - India
- Alfred C Toepfer International GmbH - Germany
- Sojitz Corporation - Japan
- Bukit Makmur.PT - Indonesia
- Power Finance Corporation Ltd., India
- New Zealand Coal & Carbon
- Gujarat Electricity Regulatory Commission - India
- Romanian Commodities Exchange
- Ministry of Finance - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Barasentosa Lestari - Indonesia
- Samtan Co., Ltd - South Korea
- Central Electricity Authority - India
- Global Coal Blending Company Limited - Australia
- Kaltim Prima Coal - Indonesia
- Electricity Authority, New Zealand
- Sarangani Energy Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Goldman Sachs - Singapore
- India Bulls Power Limited - India
- Coal and Oil Company - UAE
- Wood Mackenzie - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kumho Petrochemical, South Korea
- Aboitiz Power Corporation - Philippines
- PowerSource Philippines DevCo
- GN Power Mariveles Coal Plant, Philippines
- OPG Power Generation Pvt Ltd - India
- McConnell Dowell - Australia
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