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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, 17 March 23
INDONESIAN COAL PRICE REFERENCE UP AROUND 2.17% IN MARCH 2023
COALspot.com: Indonesian Coal Price Reference up around 2.17% in March 2023.
According to the new HBA regulation No. 41.K/MB.0 ...
Saturday, 11 March 23
MARKET INSIGHT - INTERMODAL
Uncertainty over the recovery of Chinese demand, demand destruction in Europe, as well as weather conditions will pivot the LNG market this summer. ...
Wednesday, 08 March 23
INDONESIAN COAL REFERENCE PRICE FORMULA HAS OFFICIALLY CHANGED
Indonesian Minister of Energy and Mineral Resources has officially changed the guideline for determining the benchmark price for the sale of coal c ...
Thursday, 02 March 23
INDIA'S SEABORNE CRUDE OIL IMPORTS IN 2022 INCREASED BY 11.5% YOY - BANCHERO COSTA
2022 has turned out to be a very positive year for crude oil trade, despite the surging oil prices and risks of economic recession, Banchero Costa ...
Thursday, 02 March 23
DRY BULK MARKET: THE WAY CHINA GOES, SO GOES THE MARKET - BIMCO
We expect demand growth within the 1.5-2.5% range in 2023, driven by China’s economic recovery. Improvements in consumer sentiment should hel ...
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Sical Logistics Limited - India
- The State Trading Corporation of India Ltd
- Cement Manufacturers Association - India
- Malabar Cements Ltd - India
- Borneo Indobara - Indonesia
- Romanian Commodities Exchange
- Oldendorff Carriers - Singapore
- AsiaOL BioFuels Corp., Philippines
- Sindya Power Generating Company Private Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Miang Besar Coal Terminal - Indonesia
- Medco Energi Mining Internasional
- Mintek Dendrill Indonesia
- Thiess Contractors Indonesia
- Krishnapatnam Port Company Ltd. - India
- India Bulls Power Limited - India
- Kaltim Prima Coal - Indonesia
- Merrill Lynch Commodities Europe
- Indogreen Group - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Deloitte Consulting - India
- Anglo American - United Kingdom
- Bukit Asam (Persero) Tbk - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- VISA Power Limited - India
- Australian Coal Association
- Aditya Birla Group - India
- Xindia Steels Limited - India
- Economic Council, Georgia
- Uttam Galva Steels Limited - India
- Holcim Trading Pte Ltd - Singapore
- Africa Commodities Group - South Africa
- Eastern Energy - Thailand
- Sojitz Corporation - Japan
- Bulk Trading Sa - Switzerland
- Gujarat Sidhee Cement - India
- Australian Commodity Traders Exchange
- Kapuas Tunggal Persada - Indonesia
- Makarim & Taira - Indonesia
- Salva Resources Pvt Ltd - India
- GVK Power & Infra Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Samtan Co., Ltd - South Korea
- Lanco Infratech Ltd - India
- Chamber of Mines of South Africa
- Price Waterhouse Coopers - Russia
- Semirara Mining Corp, Philippines
- Formosa Plastics Group - Taiwan
- Meralco Power Generation, Philippines
- Therma Luzon, Inc, Philippines
- Toyota Tsusho Corporation, Japan
- Riau Bara Harum - Indonesia
- Ministry of Mines - Canada
- Dalmia Cement Bharat India
- Vijayanagar Sugar Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Interocean Group of Companies - India
- Star Paper Mills Limited - India
- PNOC Exploration Corporation - Philippines
- Timah Investasi Mineral - Indoneisa
- Indian Oil Corporation Limited
- Sarangani Energy Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Parry Sugars Refinery, India
- Videocon Industries ltd - India
- Sree Jayajothi Cements Limited - India
- Pendopo Energi Batubara - Indonesia
- Madhucon Powers Ltd - India
- SMC Global Power, Philippines
- Thai Mozambique Logistica
- Grasim Industreis Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- TNB Fuel Sdn Bhd - Malaysia
- Bhushan Steel Limited - India
- Wilmar Investment Holdings
- Edison Trading Spa - Italy
- GN Power Mariveles Coal Plant, Philippines
- Binh Thuan Hamico - Vietnam
- Coalindo Energy - Indonesia
- San Jose City I Power Corp, Philippines
- GMR Energy Limited - India
- Meenaskhi Energy Private Limited - India
- Aboitiz Power Corporation - Philippines
- Port Waratah Coal Services - Australia
- Agrawal Coal Company - India
- International Coal Ventures Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Indonesian Coal Mining Association
- Antam Resourcindo - Indonesia
- Trasteel International SA, Italy
- Mercuria Energy - Indonesia
- SMG Consultants - Indonesia
- SN Aboitiz Power Inc, Philippines
- PowerSource Philippines DevCo
- Banpu Public Company Limited - Thailand
- Sinarmas Energy and Mining - Indonesia
- Global Green Power PLC Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- CNBM International Corporation - China
- Manunggal Multi Energi - Indonesia
- Eastern Coal Council - USA
- Essar Steel Hazira Ltd - India
- Central Electricity Authority - India
- Orica Australia Pty. Ltd.
- Siam City Cement PLC, Thailand
- IEA Clean Coal Centre - UK
- Electricity Generating Authority of Thailand
- Jindal Steel & Power Ltd - India
- Indika Energy - Indonesia
- New Zealand Coal & Carbon
- London Commodity Brokers - England
- Leighton Contractors Pty Ltd - Australia
- South Luzon Thermal Energy Corporation
- Bukit Makmur.PT - Indonesia
- Metalloyd Limited - United Kingdom
- Kepco SPC Power Corporation, Philippines
- ASAPP Information Group - India
- Neyveli Lignite Corporation Ltd, - India
- Maharashtra Electricity Regulatory Commission - India
- Vedanta Resources Plc - India
- Wood Mackenzie - Singapore
- GAC Shipping (India) Pvt Ltd
- Standard Chartered Bank - UAE
- Bharathi Cement Corporation - India
- Vizag Seaport Private Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Energy Development Corp, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Attock Cement Pakistan Limited
- Ministry of Finance - Indonesia
- Bhoruka Overseas - Indonesia
- Altura Mining Limited, Indonesia
- Ceylon Electricity Board - Sri Lanka
- Kohat Cement Company Ltd. - Pakistan
- Kartika Selabumi Mining - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Billiton Holdings Pty Ltd - Australia
- Orica Mining Services - Indonesia
- Jaiprakash Power Ventures ltd
- Cigading International Bulk Terminal - Indonesia
- TeaM Sual Corporation - Philippines
- Barasentosa Lestari - Indonesia
- Maheswari Brothers Coal Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Georgia Ports Authority, United States
- Larsen & Toubro Limited - India
- Mjunction Services Limited - India
- Ambuja Cements Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Simpson Spence & Young - Indonesia
- The Treasury - Australian Government
- LBH Netherlands Bv - Netherlands
- Parliament of New Zealand
- Mercator Lines Limited - India
- Kalimantan Lumbung Energi - Indonesia
- OPG Power Generation Pvt Ltd - India
- ICICI Bank Limited - India
- Coal and Oil Company - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Goldman Sachs - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bangladesh Power Developement Board
- Chettinad Cement Corporation Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Globalindo Alam Lestari - Indonesia
- Siam City Cement - Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Directorate Of Revenue Intelligence - India
- Marubeni Corporation - India
- Petron Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Karaikal Port Pvt Ltd - India
- Minerals Council of Australia
- Semirara Mining and Power Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Alfred C Toepfer International GmbH - Germany
- Rio Tinto Coal - Australia
- Global Business Power Corporation, Philippines
- Posco Energy - South Korea
- Latin American Coal - Colombia
- European Bulk Services B.V. - Netherlands
- The University of Queensland
- Bhatia International Limited - India
- Baramulti Group, Indonesia
- Straits Asia Resources Limited - Singapore
- Renaissance Capital - South Africa
- PTC India Limited - India
- Energy Link Ltd, New Zealand
- Kobexindo Tractors - Indoneisa
- Sakthi Sugars Limited - India
- Savvy Resources Ltd - HongKong
- Rashtriya Ispat Nigam Limited - India
- Ind-Barath Power Infra Limited - India
- Independent Power Producers Association of India
- MS Steel International - UAE
- Planning Commission, India
- Bayan Resources Tbk. - Indonesia
- Power Finance Corporation Ltd., India
- Tata Chemicals Ltd - India
- Tamil Nadu electricity Board
- Electricity Authority, New Zealand
- Intertek Mineral Services - Indonesia
- Kumho Petrochemical, South Korea
- Ministry of Transport, Egypt
- White Energy Company Limited
- Indian Energy Exchange, India
- Singapore Mercantile Exchange
- Central Java Power - Indonesia
- McConnell Dowell - Australia
- CIMB Investment Bank - Malaysia
- Commonwealth Bank - Australia
- Kideco Jaya Agung - Indonesia
- Carbofer General Trading SA - India
- Heidelberg Cement - Germany
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