Contents 15 Thermal coal offers mostly flat in May 16 Seaborne coking coal offers remain volatile in June 17 CIL’s coal production down 11.3% in May 18 India’s April coal imports down 35% y-o-y 19 Coal India Q4 profit down 23% 20 SCCL’s coal production plunges 45% in May 24 Coal Reserve of 7.77 billion tons added in FY20: CMPDI 26 Restarting stranded power plants to spur economies: IEA 29 Power demand declines in May as lockdown continues 31 Electricity (Amendment) Bill won’t weaken state regulators: Power Minister 34 No power capacity addition in April 35 India’s cement production in April plunges to 4 mt 36 May sponge iron production down 55% y-o-y, up m-o-m 37 Methodology for rationalization of linkages/ swapping approved 38 China plans 41 GW coalfired power capacity 40 US coal production seen at 530MMst in 2020 41 Traffic handled by major ports down 22%till May 42 Indian Railways’ coal handling down 32.5% till May 48 NTPC defers `2,000 crore charges on Discoms 50 Ambuja Cement eyes 20% of coal need from Gare Palma by 2021 52 Corporate Update 54 Government Update 56 E auction data
4 Coal Insights, June 2020
6 | COVER STORY
Coal blocks auction: Push for Ease of Doing Mining
21 | Feature
Government goes for commercial mine auction at a challenging time with a promise to overhaul clearance bureaucracy.
Short-term post-Covid energy strategy may raise emissions: BP Post-Covid world needs decisive changes to move to a more sustainable path, says BP in its latest Statistical Review of World Energy.
22 | Feature Falling PLF, rising renewable make retiring old plants viable: report
43 | INTERNATIONAL
Low capacity utilization, ambitious renewable energy targets makes economic sense to retire old coal plants.
Perils of sending high cash coal to distant power plants Former Coal India chairman NC Jha discusses recent amendments to environmental norms by the government
49 | CORPORATE
Coal India eyes mines for MDO route 15 mines with 168 mtpa capacity including 3 underground mines selected