Tag: Coal
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Colombia halts coal sales to Israel in protest against Gaza war
Petro, Colombia's first leftist president and a fierce critic of Israeli Prime Minister Benjamin Netanyahu, said on X on Saturday that coal exports to Israel would remain suspended “until the genocide stops.” A government order specified that these restrictions would continue “until the provisional measures order issued by the International Court of Justice (ICJ) are…
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The cost is three times higher, yet electricity is being purchased from oil-fired power plants.
At present the power generation capacity in the country is 26,000 MW, but power generation reaches 13,000-15,000 MW in summer and 8,000-9,000 MW in winter. To date, the highest electricity, 15,648 MW, was generated on 19 April 2023. Gas contributes 42 per cent of the total power generation capacity, furnace oil 24 per cent and…
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Power crisis looms: Uncertainty over summer loadshedding due to fuel shortage
Like last year, this year too there is uncertainty regarding fuel supply. Involves the use of gas in producing electricity at low cost. The demand for gas in the power sector is about 2.32 billion sft. Last year the maximum supply of gas was 1.30 billion cft. The current supply is 850 million cft. The…
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Pakistan plans to quadruple domestic coal-fired electricity, moving away from gas
Pakistan’s annual LNG imports fell to the lowest level in five years, even as electricity demand surges in 2022 as European buyers crowd out price-sensitive consumers. “We have some of the most efficient regasified LNG-based power plants in the world. But we don’t have the gas to run them,” Dastgir said in an interview. He…
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Equipment worth Rs 47 lakh stolen from Rampal Power Plant’s highly secure, locked lab
A 47 lakh taka bomb calorimeter used to measure the calorific value of coal has been stolen from the highly secured lab of Rampal Power Plant. The US-made equipment was stolen on January 15, just 27 days after it began commercial production, a day after the plant stopped power generation due to a coal shortage.…
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Power cuts have resurfaced in some areas despite a fall in demand during the winter
An analysis of PDB data shows that the Rampal coal-fired power plant generated 500-624 MW of electricity till December, but recently stopped operations due to a shortage of coal. The six coal-fired power plants in the country can generate 2,602 MW of power, but five of them have reported a drop in production due to…
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Production stalled at Rampal Power Plant, import of coal affected due to dollar crisis
The company took up the issue with the power division and the Bangladesh Power Development Board. “Since we are unable to pay, we are unable to import. We require at least 5,000 tonnes of coal for regular power generation. We were forced to stop production as we did not have enough coal, Anwarul said on…
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Hockey or Health? World Cup sucks cash from poor Indian mining hub
They have called for more money to go to “high priority” social goals such as healthcare, education and jobs, as mandated by rules governing the spending of funds collected from mining companies and the District Mineral Foundation (DMF). assigned by DMF). DMF rules state that local communities must be involved in funding decisions, but Sundergarh…
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How strained China-Australia relations affected the trade of coal, barley, beef and wine
The tariff on barley totaled 80.5% while the duty on wine was as high as 218% for some brands. Wine exports to China, previously Australia’s biggest market, are set to decline by A$844 million in the first year before final tariffs are imposed until March 2022. Barley trade with the world’s biggest beer maker was…
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Bangladesh will get Adani’s power in March: Nasrul
Nasrul said the Adani group has built a dedicated transmission line to supply power from India to Bangladesh, adding, “It will be possible to import power from mid-March and by June we will get 1,450 MW.” “We need more power to meet the demand next summer as 1000 MW diesel based power plants will be…
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Coal, gas lead 2022 commodities rally; fear of recession happy new year
Newcastle coal futures are up almost 140% in 2022, the biggest jump since 2008. US gas futures and Dutch bulk gas prices are up more than 20% each, rising for the third year in a row. Gas prices are expected to remain higher amid limited new supplies as Europe continues to import LNG to rebuild…
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10 killed in Indonesia mine explosion
Ten workers were killed in an explosion at a coal mine in Indonesia, a rescue agency official said on Friday. The miners were at a coal mine in West Sumatra province when the explosion buried an estimated 14 people. “The mine collapsed due to an explosion caused by methane,” said Octaviento, a spokesman for the…
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New wind power plant to set in Cox’s Bazaar
Bangladesh depends heavily on gas and oil for electricity generation. Experts have been pressing for diversification of energy source. There is a hydroelectric power plant in Chittagong Hill Tracts but that can generate only two hundred and thirty megawatts of electricity and there is a coal operated power plant in northern part of Bangladesh which…
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India may export gas to Bangladesh
Some years ago international oil companies lectured Bangladesh to export gas. They said gas reserve of Bangladesh is more than required. But the scenario has changed. The country is facing severe energy crisis. The state owned gas exploration company BAPEX has explored some gas field in recent years, but that seems not enough to meet…