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Friday, 28 June 24
INDIAN POWER STATIONS STOCKED WITH BUMPER COAL SUPPLY AS TRANSPORT WOES EASE - BUSINESS STANDARD
Even as power demand has touched a historic high of 250 gigawatts (Gw) amid sweltering heat this June, India’s power stations are stocked with bumper supply of coal — 25 per cent higher than last year and a massive 71 per cent more than in 2022, when the sector faced a domestic coal shortage. The national average coal stock with thermal power units stands at a comfortable 16 days at present.
While the domestic production of coal during these summer months has grown 8-10 per cent over last year, easing of transportation bottlenecks has been the real catalyst of change. Imported coal currently accounts for 9-10 per cent of the total national coal stock.
According to senior coal ministry officials, the Eastern Dedicated Freight Corridor (EDFC), finally operationalised in October 2023, is among the major drivers of improved coal supply. “The rake movement on the EDFC route has become three times faster. The congestion that originated from Mughalsarai-Sonnagar and continued till Delhi-Punjab has eased significantly because of EDFC,” said a senior official.
The average coal stock position at the 20 thermal power plants that fall in or around the EDFC route is 25 days. Some of them have as high as 36 days of stock, according to railways data.
The 1,300-km EDFC, which was operational in parts, has been seamlessly connected between Ludhiana in Punjab and Sonnagar in Bihar. While the corridor does not connect directly to the coal-rich areas, it allows the Indian Railways to ensure smooth movement on its mixed-use tracks for passenger and other freight services by shifting the coal traffic on EDFC lines.
According to Indian Railways officials, the completion of the EDFC has helped the Railways deliver more coal to power houses in Uttar Pradesh, which typically are among the highest consumers in the country.
The state is currently leading with a demand of 28 Gw, more than even the more industrial states.
In May, coal volumes on Indian Railways rose 9 per cent to 72 million tonnes. The Dhanbad division of the Indian Railways is among those primarily responsible for evacuating coal to power houses falling on the EDFC. Coal loading from the Dhanbad division in 2023-24 was 188 million tonnes. According to an executive, loading increased by 10 per cent in May, when nationwide heat waves caused a surge in demand. So far in 2023-24, the division has loaded 44 million tonnes, which is nearly 6 per cent higher than the previous year.
“On average, DFCC is running 12 long-haul rakes every day. The number goes up to 15+ during peak demand time,” the executive said, adding that 20 long-haul rakes were moved through EDFC on June 24. A long-haul rake can carry double the volumes of a regular rake.
In the coal-bearing states of Odisha, Jharkhand and Chhattisgarh, the Railways and Coal India Ltd (CIL) have increased rail lines to decongest the network and provide seamless transport of coal from the eastern region to other parts of the country. “There were only two railway lines between Bilaspur and Jharsuguda. Now there are four. In Bilaspur, two lines used to cross each other – Howrah-Mumbai and Bilaspur-Katni. So, there we have constructed a ‘rail over rail’ (RoR) system. This has reduced delays on railway crossing,” said an official.
Another decongestion in the coal supply chain is the operationalisation of close to 35 first-mile connectivity (FMC) projects which have mechanised coal loading from the mine to railway siding. Officials said this had brought down the coal loading time to 45 minutes from 3-4 hours earlier.
According to the central government, coastal shipping of coal has also increased. Overall thermal coal volumes (both coastal and imported) for non-major ports have risen 20 per cent in 2024-25 to 9.4 million tonnes, while those for central government-owned ports have fallen 4 per cent to 20 million tonnes.
Source: Business Standard
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Friday, 29 May 20
DRY BULK SHIPPING: NO QUICK RECOVERY FOR THE DRY BULK MARKET AS COVID-19 DIGS DEEPER
The outlook is poor for dry bulk, as the negative demand shock and overcapacity come together to send rates to multi-year lows, even a return to wo ...
Thursday, 28 May 20
COVID-19: A FORCE MAJEURE EVENT? - KYPRIANOU
KNOWLEDGE TO ELEVATE
While seeing the unexpected COVID-19 outbreak expanding worldwide and the first cases being identified in Cyprus, the com ...
Thursday, 28 May 20
OIL DEMAND RECOVERED BY 20% IN MAY AGAINST APRIL: RUSSIAN ENERGY MINISTER - TASS
Oil demand remains at a low level but the demand in May increased by 20% against April, Russian Energy Minister Alexander Novak said, cited by the ...
Thursday, 28 May 20
MARKET INSIGHT - INTERMODAL
Earlier in May, China’s top leaders convened for the annual National People's Congress, following over two months of delays due to the co ...
Wednesday, 27 May 20
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX UP 0.94 PCT - XINHUA
China Taiyuan coal transaction price index stood at 125.03 points Monday, up 0.94 percent week on week.
The index, released by China ...
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- Oldendorff Carriers - Singapore
- Anglo American - United Kingdom
- Bayan Resources Tbk. - Indonesia
- CIMB Investment Bank - Malaysia
- PNOC Exploration Corporation - Philippines
- Indonesian Coal Mining Association
- Leighton Contractors Pty Ltd - Australia
- VISA Power Limited - India
- Intertek Mineral Services - Indonesia
- Central Java Power - Indonesia
- Coastal Gujarat Power Limited - India
- Mjunction Services Limited - India
- Globalindo Alam Lestari - Indonesia
- Metalloyd Limited - United Kingdom
- Posco Energy - South Korea
- AsiaOL BioFuels Corp., Philippines
- Savvy Resources Ltd - HongKong
- Central Electricity Authority - India
- Asmin Koalindo Tuhup - Indonesia
- Trasteel International SA, Italy
- Alfred C Toepfer International GmbH - Germany
- Georgia Ports Authority, United States
- Bulk Trading Sa - Switzerland
- Siam City Cement PLC, Thailand
- Indo Tambangraya Megah - Indonesia
- Gujarat Sidhee Cement - India
- Deloitte Consulting - India
- Power Finance Corporation Ltd., India
- Petron Corporation, Philippines
- The University of Queensland
- Bukit Makmur.PT - Indonesia
- Pendopo Energi Batubara - Indonesia
- Cement Manufacturers Association - India
- Orica Mining Services - Indonesia
- Romanian Commodities Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- Singapore Mercantile Exchange
- Kobexindo Tractors - Indoneisa
- Indika Energy - Indonesia
- ASAPP Information Group - India
- San Jose City I Power Corp, Philippines
- Manunggal Multi Energi - Indonesia
- Toyota Tsusho Corporation, Japan
- Indian Oil Corporation Limited
- Port Waratah Coal Services - Australia
- Coal and Oil Company - UAE
- Kideco Jaya Agung - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Attock Cement Pakistan Limited
- Parliament of New Zealand
- Kapuas Tunggal Persada - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- South Luzon Thermal Energy Corporation
- Therma Luzon, Inc, Philippines
- Kumho Petrochemical, South Korea
- Directorate Of Revenue Intelligence - India
- Heidelberg Cement - Germany
- Kaltim Prima Coal - Indonesia
- Global Coal Blending Company Limited - Australia
- Neyveli Lignite Corporation Ltd, - India
- Jorong Barutama Greston.PT - Indonesia
- Uttam Galva Steels Limited - India
- Tamil Nadu electricity Board
- Altura Mining Limited, Indonesia
- Gujarat Electricity Regulatory Commission - India
- Indogreen Group - Indonesia
- Barasentosa Lestari - Indonesia
- Chamber of Mines of South Africa
- Economic Council, Georgia
- Thiess Contractors Indonesia
- Standard Chartered Bank - UAE
- Billiton Holdings Pty Ltd - Australia
- India Bulls Power Limited - India
- Orica Australia Pty. Ltd.
- Formosa Plastics Group - Taiwan
- Global Green Power PLC Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Edison Trading Spa - Italy
- Latin American Coal - Colombia
- Ind-Barath Power Infra Limited - India
- Australian Coal Association
- Vijayanagar Sugar Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Karaikal Port Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Madhucon Powers Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Africa Commodities Group - South Africa
- London Commodity Brokers - England
- SN Aboitiz Power Inc, Philippines
- Indian Energy Exchange, India
- Rio Tinto Coal - Australia
- Bhushan Steel Limited - India
- Bhatia International Limited - India
- Makarim & Taira - Indonesia
- Riau Bara Harum - Indonesia
- Samtan Co., Ltd - South Korea
- Iligan Light & Power Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Wilmar Investment Holdings
- Ambuja Cements Ltd - India
- Eastern Energy - Thailand
- Parry Sugars Refinery, India
- White Energy Company Limited
- PowerSource Philippines DevCo
- Mercuria Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Meenaskhi Energy Private Limited - India
- Ministry of Transport, Egypt
- Sarangani Energy Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Antam Resourcindo - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Electricity Authority, New Zealand
- Agrawal Coal Company - India
- Baramulti Group, Indonesia
- Bangladesh Power Developement Board
- The Treasury - Australian Government
- Sree Jayajothi Cements Limited - India
- Energy Development Corp, Philippines
- Global Business Power Corporation, Philippines
- CNBM International Corporation - China
- Ministry of Mines - Canada
- Lanco Infratech Ltd - India
- Electricity Generating Authority of Thailand
- Medco Energi Mining Internasional
- Renaissance Capital - South Africa
- Rashtriya Ispat Nigam Limited - India
- PTC India Limited - India
- Thai Mozambique Logistica
- Siam City Cement - Thailand
- Binh Thuan Hamico - Vietnam
- Pipit Mutiara Jaya. PT, Indonesia
- LBH Netherlands Bv - Netherlands
- European Bulk Services B.V. - Netherlands
- Videocon Industries ltd - India
- Planning Commission, India
- The State Trading Corporation of India Ltd
- Maharashtra Electricity Regulatory Commission - India
- Kalimantan Lumbung Energi - Indonesia
- Ministry of Finance - Indonesia
- Eastern Coal Council - USA
- Chettinad Cement Corporation Ltd - India
- Larsen & Toubro Limited - India
- SMC Global Power, Philippines
- Vedanta Resources Plc - India
- OPG Power Generation Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Wood Mackenzie - Singapore
- Semirara Mining Corp, Philippines
- Tata Chemicals Ltd - India
- McConnell Dowell - Australia
- Sindya Power Generating Company Private Ltd
- Straits Asia Resources Limited - Singapore
- Marubeni Corporation - India
- IEA Clean Coal Centre - UK
- GN Power Mariveles Coal Plant, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- SMG Consultants - Indonesia
- Bhoruka Overseas - Indonesia
- Essar Steel Hazira Ltd - India
- Sakthi Sugars Limited - India
- Maheswari Brothers Coal Limited - India
- Timah Investasi Mineral - Indoneisa
- Aboitiz Power Corporation - Philippines
- Mintek Dendrill Indonesia
- International Coal Ventures Pvt Ltd - India
- Bharathi Cement Corporation - India
- Aditya Birla Group - India
- Jaiprakash Power Ventures ltd
- Australian Commodity Traders Exchange
- Dalmia Cement Bharat India
- IHS Mccloskey Coal Group - USA
- MS Steel International - UAE
- Offshore Bulk Terminal Pte Ltd, Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Borneo Indobara - Indonesia
- Price Waterhouse Coopers - Russia
- Goldman Sachs - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Mercator Lines Limited - India
- Salva Resources Pvt Ltd - India
- Malabar Cements Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- GVK Power & Infra Limited - India
- Ceylon Electricity Board - Sri Lanka
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Merrill Lynch Commodities Europe
- Minerals Council of Australia
- Interocean Group of Companies - India
- Grasim Industreis Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Meralco Power Generation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sojitz Corporation - Japan
- New Zealand Coal & Carbon
- Commonwealth Bank - Australia
- Simpson Spence & Young - Indonesia
- GAC Shipping (India) Pvt Ltd
- Xindia Steels Limited - India
- TeaM Sual Corporation - Philippines
- Star Paper Mills Limited - India
- Sical Logistics Limited - India
- Energy Link Ltd, New Zealand
- Miang Besar Coal Terminal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Kartika Selabumi Mining - Indonesia
- Carbofer General Trading SA - India
- GMR Energy Limited - India
- Jindal Steel & Power Ltd - India
- Coalindo Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Independent Power Producers Association of India
- ICICI Bank Limited - India
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