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Thursday, 13 November 14
COAL MINISTER WANTS INDIA TO STOP COAL IMPORTS IN TWO OR THREE YEARS
 COALspot.com: India to ramp up coal production to a billion tonnes by 2019 from its current level of 490 million tones. According to Power and Coal Minister of India Piyush Goyal “ It is clearly doable, it is not a fanciful target.”
India the third largest coal producers in the world after China and US and one of the world’s largest coal importer, may be able to stop thermal coal imports in the next three years if the coal India, the state owned and the world largest coal miner able to increase its coal production to 1 billion ton per annum by 2019.
Indian government has asked Coal India, to increase its coal output to 1 billion tonnes by 2019 to feed existing and upcoming power plants.
"I'm very confident of achieving these targets and am very confident that India's current account deficit will not be burdened with the amount of money we lose for imports of coal," Mr. Goyal told a conference, media reports says.
The minister , according to media reports, added that, "Possibly in the next two or three years we should be able to stop imports of thermal coal”. He even went a step further and said the country should make efforts to become an exporter of coal by drawing up a clear roadmap for the same.
If India able to produce 1 billion tons of coal by 2019 and stops coal imports, the global physical coal prices will face downward pressure. Indian coal imports rose to 168.4Mmt last fiscal year, and the government estimated earlier this year that the domestic shortage would range between 185 and 265 million tonnes by 2016/17.
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Monday, 04 March 24
IS YOUR GUARANTEE A GUARANTEE? NOTE TO SHIPOWNERS - GARD
KNOWLEDGE TO ELEVATE
The law of guarantees is not always obvious or easy to understand without proper guidance. This article clarifies the dif ...
Friday, 23 February 24
STRONG OUTLOOK FOR THE TANKER MARKET IN 2024 AND BEYOND - DNV
Several factors have aligned over the past two years to create a robust and profitable market for tanker owners, which is expected to drive newbuil ...
Friday, 23 February 24
AUSTRALIAN COAL FLOWS TO ASIA HOVER ABOVE LAST YEAR’S VOLUME TONNES - SIGNAL GROUP
In the final days of February, the dry bulk freight market appeared to maintain a relatively stable momentum, particularly evident in the large ves ...
Friday, 23 February 24
RUSSIAN COAL SHIPMENTS FALL 14% AS SANCTIONS BITE - BIMCO
During the first seven weeks of 2024, Russian coal shipments have fallen 14% y/y. Volumes have gradually declined since October 2023 when logistica ...
Thursday, 22 February 24
BIMCO PUBLISHES SHIP FINANCING FORMS TO ENSURE UNINTERRUPTED USE OF SHIPS
BIMCO has published two standard Quiet Enjoyment Letters (QELs), the first standard form QELs available to the industry, to offer a tool that can e ...
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- Sakthi Sugars Limited - India
- IEA Clean Coal Centre - UK
- Karaikal Port Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Eastern Coal Council - USA
- Maharashtra Electricity Regulatory Commission - India
- Coastal Gujarat Power Limited - India
- Indian Oil Corporation Limited
- Global Coal Blending Company Limited - Australia
- Directorate Of Revenue Intelligence - India
- Kumho Petrochemical, South Korea
- Planning Commission, India
- International Coal Ventures Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indo Tambangraya Megah - Indonesia
- Commonwealth Bank - Australia
- Alfred C Toepfer International GmbH - Germany
- Sical Logistics Limited - India
- Kaltim Prima Coal - Indonesia
- Central Electricity Authority - India
- GAC Shipping (India) Pvt Ltd
- Aditya Birla Group - India
- Price Waterhouse Coopers - Russia
- Essar Steel Hazira Ltd - India
- Deloitte Consulting - India
- Bukit Baiduri Energy - Indonesia
- ICICI Bank Limited - India
- Central Java Power - Indonesia
- Chamber of Mines of South Africa
- Romanian Commodities Exchange
- Jindal Steel & Power Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Riau Bara Harum - Indonesia
- South Luzon Thermal Energy Corporation
- Manunggal Multi Energi - Indonesia
- Mercuria Energy - Indonesia
- Rio Tinto Coal - Australia
- Global Green Power PLC Corporation, Philippines
- Carbofer General Trading SA - India
- Eastern Energy - Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Trasteel International SA, Italy
- Karbindo Abesyapradhi - Indoneisa
- Ministry of Mines - Canada
- Petron Corporation, Philippines
- Singapore Mercantile Exchange
- Attock Cement Pakistan Limited
- Power Finance Corporation Ltd., India
- Lanco Infratech Ltd - India
- Kobexindo Tractors - Indoneisa
- Indogreen Group - Indonesia
- Ind-Barath Power Infra Limited - India
- Mercator Lines Limited - India
- Indika Energy - Indonesia
- Larsen & Toubro Limited - India
- The University of Queensland
- Latin American Coal - Colombia
- Jaiprakash Power Ventures ltd
- CIMB Investment Bank - Malaysia
- The State Trading Corporation of India Ltd
- Metalloyd Limited - United Kingdom
- MS Steel International - UAE
- McConnell Dowell - Australia
- Gujarat Electricity Regulatory Commission - India
- Asmin Koalindo Tuhup - Indonesia
- Thiess Contractors Indonesia
- SMG Consultants - Indonesia
- PNOC Exploration Corporation - Philippines
- Australian Coal Association
- Straits Asia Resources Limited - Singapore
- AsiaOL BioFuels Corp., Philippines
- Marubeni Corporation - India
- Mintek Dendrill Indonesia
- Therma Luzon, Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Tata Chemicals Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Energy Development Corp, Philippines
- Toyota Tsusho Corporation, Japan
- Anglo American - United Kingdom
- London Commodity Brokers - England
- Ministry of Finance - Indonesia
- Bharathi Cement Corporation - India
- Bahari Cakrawala Sebuku - Indonesia
- Baramulti Group, Indonesia
- ASAPP Information Group - India
- Orica Australia Pty. Ltd.
- Miang Besar Coal Terminal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Globalindo Alam Lestari - Indonesia
- San Jose City I Power Corp, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Altura Mining Limited, Indonesia
- India Bulls Power Limited - India
- Star Paper Mills Limited - India
- Sarangani Energy Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Bangladesh Power Developement Board
- Parliament of New Zealand
- Siam City Cement PLC, Thailand
- Oldendorff Carriers - Singapore
- Bayan Resources Tbk. - Indonesia
- LBH Netherlands Bv - Netherlands
- Uttam Galva Steels Limited - India
- Energy Link Ltd, New Zealand
- Gujarat Mineral Development Corp Ltd - India
- Sojitz Corporation - Japan
- Siam City Cement - Thailand
- Semirara Mining Corp, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Malabar Cements Ltd - India
- IHS Mccloskey Coal Group - USA
- Grasim Industreis Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Salva Resources Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Xindia Steels Limited - India
- OPG Power Generation Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Parry Sugars Refinery, India
- Agrawal Coal Company - India
- Petrochimia International Co. Ltd.- Taiwan
- Standard Chartered Bank - UAE
- Edison Trading Spa - Italy
- Dalmia Cement Bharat India
- SMC Global Power, Philippines
- White Energy Company Limited
- Kapuas Tunggal Persada - Indonesia
- New Zealand Coal & Carbon
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Formosa Plastics Group - Taiwan
- GVK Power & Infra Limited - India
- TeaM Sual Corporation - Philippines
- Georgia Ports Authority, United States
- Holcim Trading Pte Ltd - Singapore
- Aboitiz Power Corporation - Philippines
- The Treasury - Australian Government
- Posco Energy - South Korea
- Binh Thuan Hamico - Vietnam
- Pendopo Energi Batubara - Indonesia
- Orica Mining Services - Indonesia
- Barasentosa Lestari - Indonesia
- European Bulk Services B.V. - Netherlands
- CNBM International Corporation - China
- Maheswari Brothers Coal Limited - India
- Vedanta Resources Plc - India
- Simpson Spence & Young - Indonesia
- Intertek Mineral Services - Indonesia
- Minerals Council of Australia
- Tamil Nadu electricity Board
- Ceylon Electricity Board - Sri Lanka
- Economic Council, Georgia
- Makarim & Taira - Indonesia
- GMR Energy Limited - India
- Kideco Jaya Agung - Indonesia
- Samtan Co., Ltd - South Korea
- Kartika Selabumi Mining - Indonesia
- Goldman Sachs - Singapore
- Kepco SPC Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Thai Mozambique Logistica
- Electricity Authority, New Zealand
- Leighton Contractors Pty Ltd - Australia
- Timah Investasi Mineral - Indoneisa
- Iligan Light & Power Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- Sinarmas Energy and Mining - Indonesia
- Independent Power Producers Association of India
- Krishnapatnam Port Company Ltd. - India
- Kohat Cement Company Ltd. - Pakistan
- Bhatia International Limited - India
- Sindya Power Generating Company Private Ltd
- Renaissance Capital - South Africa
- PowerSource Philippines DevCo
- Sree Jayajothi Cements Limited - India
- Port Waratah Coal Services - Australia
- SN Aboitiz Power Inc, Philippines
- Borneo Indobara - Indonesia
- Wilmar Investment Holdings
- Ministry of Transport, Egypt
- Bhushan Steel Limited - India
- Indian Energy Exchange, India
- Indonesian Coal Mining Association
- Bhoruka Overseas - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Savvy Resources Ltd - HongKong
- Bukit Makmur.PT - Indonesia
- Antam Resourcindo - Indonesia
- Gujarat Sidhee Cement - India
- Kalimantan Lumbung Energi - Indonesia
- Meralco Power Generation, Philippines
- Mjunction Services Limited - India
- Bulk Trading Sa - Switzerland
- VISA Power Limited - India
- Heidelberg Cement - Germany
- Offshore Bulk Terminal Pte Ltd, Singapore
- Cigading International Bulk Terminal - Indonesia
- Madhucon Powers Ltd - India
- Global Business Power Corporation, Philippines
- PTC India Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Coalindo Energy - Indonesia
- Merrill Lynch Commodities Europe
- Pipit Mutiara Jaya. PT, Indonesia
- Africa Commodities Group - South Africa
- Coal and Oil Company - UAE
- Banpu Public Company Limited - Thailand
- Cement Manufacturers Association - India
- Medco Energi Mining Internasional
- Australian Commodity Traders Exchange
- Interocean Group of Companies - India
- Videocon Industries ltd - India
- Electricity Generating Authority of Thailand
- Ambuja Cements Ltd - India
- Wood Mackenzie - Singapore
- GN Power Mariveles Coal Plant, Philippines
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