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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, 19 February 24
METALS INVESTMENT: THE DARKEST HOUR IS JUST BEFORE THE DAWN - WOOD MACKENZIE
Things often seem at their worst just before they get better. In terms of meeting our net zero 2050 scenario, we’ve reached a watershed momen ...
Tuesday, 13 February 24
WHAT IS THE OUTLOOK FOR THE NATURAL GAS SPOT PRICE IN 2024 AND 2025? EIA
We expect the U.S. benchmark Henry Hub natural gas spot price to average higher in 2024 and 2025 than in 2023, but to remain lower than $3.00 per m ...
Monday, 12 February 24
US THERMAL COAL EXPORTS HIT 5-YEAR HIGHS AND TOP $5 BLN IN 2023 - REUTERS
United States exporters of thermal coal earned more than $5 billion in 2023 as they shipped out more than 32.5 million metric tons of the high-poll ...
Tuesday, 06 February 24
NEW E-FUELS PROJECT TO MAKE INTERNATIONAL SHIPPING CLIMATE-NEUTRAL - RINA
Transport and trade on the ocean blue must be made much greener. This is the goal of the new €17 million European GAMMA project, where compani ...
Tuesday, 06 February 24
INDIA SEES ANNUAL COAL OUTPUT UP 10.9% IN 2024/25 - REUTERS
India expects domestic coal output to increase by 10.9% to 1.13 billion metric tons in the fiscal year ending March 2025, a senior government offic ...
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- Intertek Mineral Services - Indonesia
- Trasteel International SA, Italy
- Ambuja Cements Ltd - India
- PTC India Limited - India
- Standard Chartered Bank - UAE
- Maharashtra Electricity Regulatory Commission - India
- Bukit Baiduri Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- The Treasury - Australian Government
- Eastern Coal Council - USA
- Global Coal Blending Company Limited - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- SMC Global Power, Philippines
- Coastal Gujarat Power Limited - India
- Mjunction Services Limited - India
- Port Waratah Coal Services - Australia
- Electricity Authority, New Zealand
- Therma Luzon, Inc, Philippines
- Latin American Coal - Colombia
- Videocon Industries ltd - India
- Dalmia Cement Bharat India
- Romanian Commodities Exchange
- European Bulk Services B.V. - Netherlands
- International Coal Ventures Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Kalimantan Lumbung Energi - Indonesia
- Rio Tinto Coal - Australia
- Sical Logistics Limited - India
- Kartika Selabumi Mining - Indonesia
- Orica Mining Services - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Coalindo Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Posco Energy - South Korea
- CIMB Investment Bank - Malaysia
- Ceylon Electricity Board - Sri Lanka
- Makarim & Taira - Indonesia
- Tata Chemicals Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- San Jose City I Power Corp, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Ind-Barath Power Infra Limited - India
- ICICI Bank Limited - India
- Rashtriya Ispat Nigam Limited - India
- Meralco Power Generation, Philippines
- LBH Netherlands Bv - Netherlands
- Jorong Barutama Greston.PT - Indonesia
- Medco Energi Mining Internasional
- Holcim Trading Pte Ltd - Singapore
- Riau Bara Harum - Indonesia
- Energy Development Corp, Philippines
- Carbofer General Trading SA - India
- PNOC Exploration Corporation - Philippines
- Economic Council, Georgia
- Goldman Sachs - Singapore
- Malabar Cements Ltd - India
- Directorate Of Revenue Intelligence - India
- Semirara Mining and Power Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- GVK Power & Infra Limited - India
- PowerSource Philippines DevCo
- Oldendorff Carriers - Singapore
- Sarangani Energy Corporation, Philippines
- Madhucon Powers Ltd - India
- Edison Trading Spa - Italy
- Gujarat Mineral Development Corp Ltd - India
- Vedanta Resources Plc - India
- Eastern Energy - Thailand
- Bhoruka Overseas - Indonesia
- Sakthi Sugars Limited - India
- Iligan Light & Power Inc, Philippines
- Bhatia International Limited - India
- Thiess Contractors Indonesia
- Singapore Mercantile Exchange
- Energy Link Ltd, New Zealand
- CNBM International Corporation - China
- Asmin Koalindo Tuhup - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Orica Australia Pty. Ltd.
- Australian Coal Association
- Africa Commodities Group - South Africa
- Power Finance Corporation Ltd., India
- Billiton Holdings Pty Ltd - Australia
- Formosa Plastics Group - Taiwan
- Global Business Power Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Indonesian Coal Mining Association
- Indo Tambangraya Megah - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Siam City Cement - Thailand
- Ministry of Finance - Indonesia
- Altura Mining Limited, Indonesia
- Toyota Tsusho Corporation, Japan
- Leighton Contractors Pty Ltd - Australia
- Indogreen Group - Indonesia
- Star Paper Mills Limited - India
- Samtan Co., Ltd - South Korea
- The University of Queensland
- Gujarat Electricity Regulatory Commission - India
- OPG Power Generation Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Transport, Egypt
- Metalloyd Limited - United Kingdom
- Simpson Spence & Young - Indonesia
- ASAPP Information Group - India
- Salva Resources Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- London Commodity Brokers - England
- Xindia Steels Limited - India
- Banpu Public Company Limited - Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Central Electricity Authority - India
- Thai Mozambique Logistica
- Pendopo Energi Batubara - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Petron Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Interocean Group of Companies - India
- Attock Cement Pakistan Limited
- McConnell Dowell - Australia
- Wood Mackenzie - Singapore
- Bhushan Steel Limited - India
- MS Steel International - UAE
- New Zealand Coal & Carbon
- Krishnapatnam Port Company Ltd. - India
- Ministry of Mines - Canada
- Central Java Power - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Karbindo Abesyapradhi - Indoneisa
- Planning Commission, India
- Globalindo Alam Lestari - Indonesia
- Agrawal Coal Company - India
- Karaikal Port Pvt Ltd - India
- VISA Power Limited - India
- Borneo Indobara - Indonesia
- Price Waterhouse Coopers - Russia
- The State Trading Corporation of India Ltd
- IHS Mccloskey Coal Group - USA
- Manunggal Multi Energi - Indonesia
- Parliament of New Zealand
- Bulk Trading Sa - Switzerland
- Electricity Generating Authority of Thailand
- Minerals Council of Australia
- IEA Clean Coal Centre - UK
- Jaiprakash Power Ventures ltd
- Aboitiz Power Corporation - Philippines
- TNB Fuel Sdn Bhd - Malaysia
- PetroVietnam Power Coal Import and Supply Company
- Lanco Infratech Ltd - India
- Aditya Birla Group - India
- Anglo American - United Kingdom
- GAC Shipping (India) Pvt Ltd
- Mercator Lines Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Bharathi Cement Corporation - India
- Essar Steel Hazira Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Australian Commodity Traders Exchange
- Uttam Galva Steels Limited - India
- Merrill Lynch Commodities Europe
- Commonwealth Bank - Australia
- Bukit Makmur.PT - Indonesia
- Semirara Mining Corp, Philippines
- Siam City Cement PLC, Thailand
- GMR Energy Limited - India
- Grasim Industreis Ltd - India
- Chamber of Mines of South Africa
- Savvy Resources Ltd - HongKong
- Petrochimia International Co. Ltd.- Taiwan
- Kepco SPC Power Corporation, Philippines
- White Energy Company Limited
- Kapuas Tunggal Persada - Indonesia
- Parry Sugars Refinery, India
- Independent Power Producers Association of India
- Wilmar Investment Holdings
- Deloitte Consulting - India
- Kaltim Prima Coal - Indonesia
- Mintek Dendrill Indonesia
- Alfred C Toepfer International GmbH - Germany
- Coal and Oil Company - UAE
- Antam Resourcindo - Indonesia
- Chettinad Cement Corporation Ltd - India
- SMG Consultants - Indonesia
- Larsen & Toubro Limited - India
- Sree Jayajothi Cements Limited - India
- Maheswari Brothers Coal Limited - India
- Tamil Nadu electricity Board
- Barasentosa Lestari - Indonesia
- Kobexindo Tractors - Indoneisa
- Vizag Seaport Private Limited - India
- Miang Besar Coal Terminal - Indonesia
- South Luzon Thermal Energy Corporation
- Bangladesh Power Developement Board
- Cement Manufacturers Association - India
- Indian Energy Exchange, India
- India Bulls Power Limited - India
- Indika Energy - Indonesia
- Sojitz Corporation - Japan
- Indian Oil Corporation Limited
- Kohat Cement Company Ltd. - Pakistan
- Jindal Steel & Power Ltd - India
- Marubeni Corporation - India
- Bayan Resources Tbk. - Indonesia
- Georgia Ports Authority, United States
- Baramulti Group, Indonesia
- Sindya Power Generating Company Private Ltd
- Straits Asia Resources Limited - Singapore
- Gujarat Sidhee Cement - India
- Renaissance Capital - South Africa
- TeaM Sual Corporation - Philippines
- Mercuria Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Heidelberg Cement - Germany
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