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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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Wednesday, 25 April 18
TANKER MARKET INSIGHT - THEODOROS NTALAKOS
We had the opportunity to be part of Intertanko's Hellenic Mediterranean Panel last week in the SNFCC and to present an outlook on the tanker f ...
Tuesday, 24 April 18
IMPORTING INDONESIAN COAL MAKES SENSE FOR INDIAN COASTAL PLANTS EVEN WHEN IT IS COSTLIER THAN INDIAN - ECONOMIC TIMES
Rising Indonesian coal production and lower Chinese demand have pulled down Indonesian coal prices by 22% over the last 45 days, a trend that augur ...
Tuesday, 24 April 18
IMO AIMS TO HALVE GLOBAL SHIPPING EMISSIONS - BUT WHAT WILL IT COST? - WOOD MACKENZIE
Global bunker fuel costs could rise by up to US$60 billion annually from 2020, in a full compliance scenario, when the International Maritim ...
Tuesday, 24 April 18
TWO 56K-DWT OPEN HONG KONG AND SINGAPORE WERE FIXED FOR INDONESIA COAL TRIPS TO CHINA, AT $9,500 AND $11,000 RESPECTIVELY - BALTIC BRIEFING
Capesize
This week has seen the Cape 5 timecharter weighted average almost double. Similarly, the Brazil to China ore rates climbed over $4.50, f ...
Wednesday, 18 April 18
SHIPPING MARKET INSIGHT - STELIOS KOLLINTZAS
The return of traders and charterers from the Easter festivities came along with a slight increase in activity across the edible oil markets. Howev ...
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Showing 1736 to 1740 news of total 6871 |
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- Chettinad Cement Corporation Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Indo Tambangraya Megah - Indonesia
- Uttam Galva Steels Limited - India
- Meenaskhi Energy Private Limited - India
- Cigading International Bulk Terminal - Indonesia
- Bhatia International Limited - India
- PTC India Limited - India
- Price Waterhouse Coopers - Russia
- Indika Energy - Indonesia
- Star Paper Mills Limited - India
- Standard Chartered Bank - UAE
- Aboitiz Power Corporation - Philippines
- Kideco Jaya Agung - Indonesia
- Kobexindo Tractors - Indoneisa
- Global Green Power PLC Corporation, Philippines
- Port Waratah Coal Services - Australia
- Rashtriya Ispat Nigam Limited - India
- Kepco SPC Power Corporation, Philippines
- Orica Australia Pty. Ltd.
- Siam City Cement - Thailand
- Bulk Trading Sa - Switzerland
- Baramulti Group, Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Anglo American - United Kingdom
- Bayan Resources Tbk. - Indonesia
- Bhushan Steel Limited - India
- Directorate Of Revenue Intelligence - India
- Straits Asia Resources Limited - Singapore
- Indian Oil Corporation Limited
- Edison Trading Spa - Italy
- Mercator Lines Limited - India
- Sakthi Sugars Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Riau Bara Harum - Indonesia
- Carbofer General Trading SA - India
- The State Trading Corporation of India Ltd
- Wilmar Investment Holdings
- Electricity Generating Authority of Thailand
- Aditya Birla Group - India
- Australian Coal Association
- TeaM Sual Corporation - Philippines
- Therma Luzon, Inc, Philippines
- Kumho Petrochemical, South Korea
- Deloitte Consulting - India
- CIMB Investment Bank - Malaysia
- Mjunction Services Limited - India
- Semirara Mining and Power Corporation, Philippines
- Bharathi Cement Corporation - India
- PetroVietnam Power Coal Import and Supply Company
- Eastern Coal Council - USA
- McConnell Dowell - Australia
- Bukit Makmur.PT - Indonesia
- Coal and Oil Company - UAE
- Intertek Mineral Services - Indonesia
- Banpu Public Company Limited - Thailand
- Africa Commodities Group - South Africa
- Iligan Light & Power Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Kohat Cement Company Ltd. - Pakistan
- Dalmia Cement Bharat India
- Economic Council, Georgia
- LBH Netherlands Bv - Netherlands
- Ministry of Finance - Indonesia
- SN Aboitiz Power Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Leighton Contractors Pty Ltd - Australia
- Renaissance Capital - South Africa
- Thiess Contractors Indonesia
- Sree Jayajothi Cements Limited - India
- Energy Link Ltd, New Zealand
- Planning Commission, India
- Savvy Resources Ltd - HongKong
- Thai Mozambique Logistica
- CNBM International Corporation - China
- GN Power Mariveles Coal Plant, Philippines
- Tamil Nadu electricity Board
- Videocon Industries ltd - India
- Sical Logistics Limited - India
- India Bulls Power Limited - India
- International Coal Ventures Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Globalindo Alam Lestari - Indonesia
- IHS Mccloskey Coal Group - USA
- Energy Development Corp, Philippines
- ICICI Bank Limited - India
- Petron Corporation, Philippines
- Commonwealth Bank - Australia
- Semirara Mining Corp, Philippines
- Parliament of New Zealand
- Central Electricity Authority - India
- Sarangani Energy Corporation, Philippines
- White Energy Company Limited
- Ministry of Transport, Egypt
- Interocean Group of Companies - India
- The University of Queensland
- GAC Shipping (India) Pvt Ltd
- Ambuja Cements Ltd - India
- OPG Power Generation Pvt Ltd - India
- Sojitz Corporation - Japan
- Binh Thuan Hamico - Vietnam
- Romanian Commodities Exchange
- Maharashtra Electricity Regulatory Commission - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ind-Barath Power Infra Limited - India
- Mercuria Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Formosa Plastics Group - Taiwan
- MS Steel International - UAE
- Mintek Dendrill Indonesia
- Antam Resourcindo - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Orica Mining Services - Indonesia
- VISA Power Limited - India
- European Bulk Services B.V. - Netherlands
- Eastern Energy - Thailand
- Global Coal Blending Company Limited - Australia
- Minerals Council of Australia
- Attock Cement Pakistan Limited
- Billiton Holdings Pty Ltd - Australia
- Kalimantan Lumbung Energi - Indonesia
- Wood Mackenzie - Singapore
- Indogreen Group - Indonesia
- Electricity Authority, New Zealand
- Latin American Coal - Colombia
- Gujarat Electricity Regulatory Commission - India
- Agrawal Coal Company - India
- AsiaOL BioFuels Corp., Philippines
- Xindia Steels Limited - India
- Larsen & Toubro Limited - India
- Bangladesh Power Developement Board
- Bhoruka Overseas - Indonesia
- SMC Global Power, Philippines
- Cement Manufacturers Association - India
- Oldendorff Carriers - Singapore
- Vedanta Resources Plc - India
- Gujarat Mineral Development Corp Ltd - India
- Power Finance Corporation Ltd., India
- Borneo Indobara - Indonesia
- SMG Consultants - Indonesia
- Karaikal Port Pvt Ltd - India
- London Commodity Brokers - England
- Kaltim Prima Coal - Indonesia
- San Jose City I Power Corp, Philippines
- Kartika Selabumi Mining - Indonesia
- Makarim & Taira - Indonesia
- Sindya Power Generating Company Private Ltd
- Heidelberg Cement - Germany
- Georgia Ports Authority, United States
- Siam City Cement PLC, Thailand
- Jindal Steel & Power Ltd - India
- Posco Energy - South Korea
- Barasentosa Lestari - Indonesia
- Vizag Seaport Private Limited - India
- The Treasury - Australian Government
- Trasteel International SA, Italy
- Medco Energi Mining Internasional
- Kapuas Tunggal Persada - Indonesia
- Australian Commodity Traders Exchange
- Bukit Baiduri Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Parry Sugars Refinery, India
- Central Java Power - Indonesia
- PNOC Exploration Corporation - Philippines
- Gujarat Sidhee Cement - India
- Manunggal Multi Energi - Indonesia
- Ministry of Mines - Canada
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Alfred C Toepfer International GmbH - Germany
- Jaiprakash Power Ventures ltd
- ASAPP Information Group - India
- South Luzon Thermal Energy Corporation
- Malabar Cements Ltd - India
- Independent Power Producers Association of India
- Salva Resources Pvt Ltd - India
- Meralco Power Generation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Business Power Corporation, Philippines
- Coastal Gujarat Power Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Madhucon Powers Ltd - India
- Grasim Industreis Ltd - India
- IEA Clean Coal Centre - UK
- Directorate General of MIneral and Coal - Indonesia
- Coalindo Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Metalloyd Limited - United Kingdom
- GVK Power & Infra Limited - India
- Goldman Sachs - Singapore
- Maheswari Brothers Coal Limited - India
- Indonesian Coal Mining Association
- Tata Chemicals Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Samtan Co., Ltd - South Korea
- GMR Energy Limited - India
- Holcim Trading Pte Ltd - Singapore
- Chamber of Mines of South Africa
- Rio Tinto Coal - Australia
- Neyveli Lignite Corporation Ltd, - India
- Vijayanagar Sugar Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Marubeni Corporation - India
- New Zealand Coal & Carbon
- Singapore Mercantile Exchange
- Merrill Lynch Commodities Europe
- Timah Investasi Mineral - Indoneisa
- Krishnapatnam Port Company Ltd. - India
- Essar Steel Hazira Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Indian Energy Exchange, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PowerSource Philippines DevCo
- Lanco Infratech Ltd - India
- Altura Mining Limited, Indonesia
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