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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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Tuesday, 17 October 17
U.S RECORD EXPORTS OIL TO EAST HAS HELPED THE TANKER TRADE - GEORGE LAZARIDIS
There was a flood of fresh news this week which clouded the overall prospects of the crude oil market. Just one week prior Saudi Arabia and Russia, ...
Monday, 16 October 17
INDONESIA TO INDIA COAL FREIGHT RATES STAY FIRM
COALspot.com: The daily average earnings for Supramax, for the route Indonesia to India passing through Singapore has stayed firm, week over week, ...
Friday, 13 October 17
INDIKA ENERGY SIGNS SHARE PURCHASE AGREEMENTS FOR AN ADDITIONAL 45% STAKE IN KIDECO
PT Indika Energy Tbk. and its wholly-owned subsidiary PT Indika Inti Corpindo (collectively, “Indika Energy”) has entered into separate ...
Friday, 13 October 17
THE SHORT-TERM OUTLOOK FOR THE PANAMAX MARKET REMAIN POSITIVE - FEARNLEYS
Supramax
The market has picked up strongly since last week with the Chinese holidays. In the Pacific rates are increasing with some strong number ...
Friday, 13 October 17
U.S. COAL EXPORTS FOR THE FIRST SEVEN MONTHS OF 2017 TOTALED 51 MMST; UP 62% YOY, EIA DATA SHOWS
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 15.2 million shor ...
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Showing 1911 to 1915 news of total 6871 |
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- Ind-Barath Power Infra Limited - India
- Cement Manufacturers Association - India
- Star Paper Mills Limited - India
- Standard Chartered Bank - UAE
- Binh Thuan Hamico - Vietnam
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coalindo Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- Chamber of Mines of South Africa
- Carbofer General Trading SA - India
- Trasteel International SA, Italy
- Ministry of Mines - Canada
- Siam City Cement - Thailand
- Directorate Of Revenue Intelligence - India
- Indo Tambangraya Megah - Indonesia
- Indian Oil Corporation Limited
- Agrawal Coal Company - India
- PetroVietnam Power Coal Import and Supply Company
- South Luzon Thermal Energy Corporation
- Aditya Birla Group - India
- International Coal Ventures Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Orica Australia Pty. Ltd.
- GMR Energy Limited - India
- Grasim Industreis Ltd - India
- San Jose City I Power Corp, Philippines
- Latin American Coal - Colombia
- ASAPP Information Group - India
- Sical Logistics Limited - India
- Bharathi Cement Corporation - India
- Tata Chemicals Ltd - India
- Merrill Lynch Commodities Europe
- VISA Power Limited - India
- Ministry of Finance - Indonesia
- Port Waratah Coal Services - Australia
- Meenaskhi Energy Private Limited - India
- The State Trading Corporation of India Ltd
- Therma Luzon, Inc, Philippines
- Baramulti Group, Indonesia
- Mercuria Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- Bahari Cakrawala Sebuku - Indonesia
- Independent Power Producers Association of India
- Commonwealth Bank - Australia
- Kapuas Tunggal Persada - Indonesia
- Banpu Public Company Limited - Thailand
- Deloitte Consulting - India
- Altura Mining Limited, Indonesia
- Electricity Authority, New Zealand
- Anglo American - United Kingdom
- Kideco Jaya Agung - Indonesia
- Indian Energy Exchange, India
- Vedanta Resources Plc - India
- Miang Besar Coal Terminal - Indonesia
- Thai Mozambique Logistica
- Petrochimia International Co. Ltd.- Taiwan
- Australian Coal Association
- Mercator Lines Limited - India
- Malabar Cements Ltd - India
- The Treasury - Australian Government
- Pipit Mutiara Jaya. PT, Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Economic Council, Georgia
- Singapore Mercantile Exchange
- Chettinad Cement Corporation Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Orica Mining Services - Indonesia
- White Energy Company Limited
- Posco Energy - South Korea
- ICICI Bank Limited - India
- Intertek Mineral Services - Indonesia
- IEA Clean Coal Centre - UK
- Metalloyd Limited - United Kingdom
- Bulk Trading Sa - Switzerland
- Antam Resourcindo - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Meralco Power Generation, Philippines
- Global Green Power PLC Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Kartika Selabumi Mining - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Directorate General of MIneral and Coal - Indonesia
- Eastern Energy - Thailand
- Ambuja Cements Ltd - India
- Globalindo Alam Lestari - Indonesia
- Sojitz Corporation - Japan
- Global Business Power Corporation, Philippines
- Wood Mackenzie - Singapore
- CNBM International Corporation - China
- Aboitiz Power Corporation - Philippines
- SMC Global Power, Philippines
- Central Electricity Authority - India
- Electricity Generating Authority of Thailand
- Billiton Holdings Pty Ltd - Australia
- Madhucon Powers Ltd - India
- Edison Trading Spa - Italy
- Parry Sugars Refinery, India
- Sindya Power Generating Company Private Ltd
- IHS Mccloskey Coal Group - USA
- Barasentosa Lestari - Indonesia
- Vizag Seaport Private Limited - India
- Energy Link Ltd, New Zealand
- Central Java Power - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Mintek Dendrill Indonesia
- Simpson Spence & Young - Indonesia
- Bhoruka Overseas - Indonesia
- Eastern Coal Council - USA
- Sakthi Sugars Limited - India
- Power Finance Corporation Ltd., India
- Iligan Light & Power Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Indonesian Coal Mining Association
- Heidelberg Cement - Germany
- Gujarat Sidhee Cement - India
- Maharashtra Electricity Regulatory Commission - India
- Interocean Group of Companies - India
- PTC India Limited - India
- Energy Development Corp, Philippines
- Savvy Resources Ltd - HongKong
- Pendopo Energi Batubara - Indonesia
- MS Steel International - UAE
- Dalmia Cement Bharat India
- Gujarat Mineral Development Corp Ltd - India
- Salva Resources Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Bhatia International Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- PNOC Exploration Corporation - Philippines
- LBH Netherlands Bv - Netherlands
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Rio Tinto Coal - Australia
- The University of Queensland
- Xindia Steels Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Romanian Commodities Exchange
- McConnell Dowell - Australia
- Bhushan Steel Limited - India
- Parliament of New Zealand
- Goldman Sachs - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Africa Commodities Group - South Africa
- Toyota Tsusho Corporation, Japan
- Bayan Resources Tbk. - Indonesia
- India Bulls Power Limited - India
- Holcim Trading Pte Ltd - Singapore
- Riau Bara Harum - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Jaiprakash Power Ventures ltd
- Petron Corporation, Philippines
- Siam City Cement PLC, Thailand
- Planning Commission, India
- Semirara Mining and Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Minerals Council of Australia
- Attock Cement Pakistan Limited
- Videocon Industries ltd - India
- Uttam Galva Steels Limited - India
- PowerSource Philippines DevCo
- OPG Power Generation Pvt Ltd - India
- Indogreen Group - Indonesia
- Kumho Petrochemical, South Korea
- Jorong Barutama Greston.PT - Indonesia
- CIMB Investment Bank - Malaysia
- Coal and Oil Company - UAE
- AsiaOL BioFuels Corp., Philippines
- Bukit Makmur.PT - Indonesia
- SN Aboitiz Power Inc, Philippines
- Georgia Ports Authority, United States
- New Zealand Coal & Carbon
- Borneo Indobara - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Ministry of Transport, Egypt
- TNB Fuel Sdn Bhd - Malaysia
- Sarangani Energy Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Bangladesh Power Developement Board
- Larsen & Toubro Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Formosa Plastics Group - Taiwan
- Bukit Baiduri Energy - Indonesia
- GVK Power & Infra Limited - India
- Thiess Contractors Indonesia
- Coastal Gujarat Power Limited - India
- Makarim & Taira - Indonesia
- Jindal Steel & Power Ltd - India
- Manunggal Multi Energi - Indonesia
- Samtan Co., Ltd - South Korea
- Australian Commodity Traders Exchange
- Timah Investasi Mineral - Indoneisa
- Wilmar Investment Holdings
- Lanco Infratech Ltd - India
- Sree Jayajothi Cements Limited - India
- Karbindo Abesyapradhi - Indoneisa
- GAC Shipping (India) Pvt Ltd
- Kepco SPC Power Corporation, Philippines
- Indika Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Marubeni Corporation - India
- Asmin Koalindo Tuhup - Indonesia
- Kaltim Prima Coal - Indonesia
- Kobexindo Tractors - Indoneisa
- SMG Consultants - Indonesia
- London Commodity Brokers - England
- Straits Asia Resources Limited - Singapore
- GN Power Mariveles Coal Plant, Philippines
- TeaM Sual Corporation - Philippines
- Renaissance Capital - South Africa
- Global Coal Blending Company Limited - Australia
- Tamil Nadu electricity Board
- Medco Energi Mining Internasional
- Semirara Mining Corp, Philippines
- Price Waterhouse Coopers - Russia
- Mjunction Services Limited - India
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