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Monday, 18 February 19
THE ROLE OF COAL IN INDIA'S ENERGY AMBITIONS - WCA
 India is the world’s second most populous country and figures among the world’s most rapidly growing economies.
The South Asian giant is home to one-fifth of the world’s population and an additional 315 million people – almost the population of the United States today – are expected to live in India’s cities by 2040.
Since 2010, the country’s GDP has grown at an annual average of 6.8% and it is projected to surpass Germany at some stage in the 2020s to become the fourth-largest in the world, and Japan sometime around 2040 to become the third.
Energy demand
India is the world’s third largest energy consumer, after China and the US.
However, as the country goes through profound economic and societal transformations, such as economic and population growth, urbanisation and industrialisation, energy demand is expected to increase substantially.
As an example, the ‘Make in India’ campaign, which puts manufacturing at the heart of India’s growth model, means that a large rise in energy will be needed to fuel India’s development.
It is not a surprise then that the country’s energy demand is projected to more than double through to 2040. By then, India’s energy demand will be half that of China, up from less than 30% in 2017, and its share of global demand will rise to 11% from 5% in 2016.
Coal in the energy mix
With India’s energy consumption growing by 4.6% per annum, faster than any other major economy across the world, coal will be essential to help the country meet its future energy needs.
As reported by the 2018 International Energy Agency World Energy Outlook, coal is and will continue to be the country’s largest source of energy, maintaining its historic and crucial role in fuelling developing economies and infrastructure.
Despite the significant growth of renewables, coal still accounts for the primary share of generation in India, supplying 74% of its electricity.
Yet, even as the Modi government strives to ensure universal electricity access by the early 2020s, India’s power system will need to almost quadruple its size by 2040, and investments up to $2 trillion will be required to keep pace with increasing demand.
Large-scale power generation will be at the heart of India’s strategy to electrification, with coal-fired power output forecast to almost double by 2040. This means that while solar will support energy access in rural communities, coal will power up the growing cities, industries and businesses that are key to India’s economic growth.
The outlook
Coal has allowed millions of people to gain access to energy and will continue to be essential to India’s development and rapid urbanisation.
Looking ahead, with coal demand in the country predicted to rise by 120% through to 2040 (IEA), it is clear that it will remain a crucial part of India’s future energy system, as well as acting as a critical enabler for electrification.
Source: World Coal Association
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Monday, 11 March 19
SUPRAMAX: A 61,000 DWT VESSEL WAS BOOKED SINGAPORE FOR A TRIP VIA INDONESIA TO CHINA AT $10,500 - BALTIC BRIEFING
Capesize
A faint glimmer of hope with the suggestion the market may have finally bottomed out, with owners attempting to resist further cuts in ...
Friday, 08 March 19
KOMIPO INVITES BIDS FOR 2.6 MILLION TONS OF AUSTRALIAN 5700 NAR COAL FOR FIVE YEARS
South Korea state-owned utility Korea Midland Power (KOMIPO) issued a tender for 520,000 MT of min. 5700 NAR coal of Australian origin to be burnt ...
Friday, 08 March 19
CHINA'S COAL DEMAND FORECAST TO DROP SLOWLY - YONHAP
China’s coal demand is expected to fall at a snail’s pace over the next 20 years due to the country’s preference for the cheap fo ...
Thursday, 07 March 19
INDONESIAN COAL PRICE REFERENCE PLUNGE TO LOWEST IN SEVEN MONTHS
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised down the benchmark price of Indonesian thermal ...
Wednesday, 06 March 19
KOSPO INVITES BIDS FOR 80,000 MT OF 3800 NCV COAL FOR 21 - 30 MARCH, 2019 LOADING
COALspot.com: South Korea state-owned utility Korea Southern Power Co. Ltd (KOSPO) issued a tender for 80,000 MT of min 3,800 kcal/kg NCV low calor ...
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- Vijayanagar Sugar Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Salva Resources Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Goldman Sachs - Singapore
- Attock Cement Pakistan Limited
- Banpu Public Company Limited - Thailand
- Jindal Steel & Power Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Chamber of Mines of South Africa
- Bukit Asam (Persero) Tbk - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Indonesian Coal Mining Association
- LBH Netherlands Bv - Netherlands
- Formosa Plastics Group - Taiwan
- Thiess Contractors Indonesia
- Ind-Barath Power Infra Limited - India
- VISA Power Limited - India
- Oldendorff Carriers - Singapore
- Sojitz Corporation - Japan
- Karbindo Abesyapradhi - Indoneisa
- Indika Energy - Indonesia
- Grasim Industreis Ltd - India
- Kobexindo Tractors - Indoneisa
- Maharashtra Electricity Regulatory Commission - India
- PNOC Exploration Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- Semirara Mining Corp, Philippines
- White Energy Company Limited
- Therma Luzon, Inc, Philippines
- Antam Resourcindo - Indonesia
- Altura Mining Limited, Indonesia
- IEA Clean Coal Centre - UK
- Bhatia International Limited - India
- PTC India Limited - India
- Global Green Power PLC Corporation, Philippines
- Africa Commodities Group - South Africa
- Straits Asia Resources Limited - Singapore
- Barasentosa Lestari - Indonesia
- Sindya Power Generating Company Private Ltd
- Bhushan Steel Limited - India
- Merrill Lynch Commodities Europe
- AsiaOL BioFuels Corp., Philippines
- Pendopo Energi Batubara - Indonesia
- OPG Power Generation Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Miang Besar Coal Terminal - Indonesia
- TeaM Sual Corporation - Philippines
- Sarangani Energy Corporation, Philippines
- PowerSource Philippines DevCo
- Videocon Industries ltd - India
- Karaikal Port Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Sree Jayajothi Cements Limited - India
- Ministry of Transport, Egypt
- Marubeni Corporation - India
- Energy Development Corp, Philippines
- Coalindo Energy - Indonesia
- CNBM International Corporation - China
- Singapore Mercantile Exchange
- Toyota Tsusho Corporation, Japan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Wilmar Investment Holdings
- Jorong Barutama Greston.PT - Indonesia
- Larsen & Toubro Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Kideco Jaya Agung - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GMR Energy Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Planning Commission, India
- Kaltim Prima Coal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Kumho Petrochemical, South Korea
- Borneo Indobara - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Commonwealth Bank - Australia
- Savvy Resources Ltd - HongKong
- Eastern Energy - Thailand
- Meenaskhi Energy Private Limited - India
- Vedanta Resources Plc - India
- Electricity Generating Authority of Thailand
- Bukit Baiduri Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- Malabar Cements Ltd - India
- Xindia Steels Limited - India
- Jaiprakash Power Ventures ltd
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Mines - Canada
- Chettinad Cement Corporation Ltd - India
- Thai Mozambique Logistica
- MS Steel International - UAE
- Mjunction Services Limited - India
- Interocean Group of Companies - India
- Agrawal Coal Company - India
- The University of Queensland
- Aboitiz Power Corporation - Philippines
- Simpson Spence & Young - Indonesia
- Rio Tinto Coal - Australia
- Sical Logistics Limited - India
- Directorate Of Revenue Intelligence - India
- Petron Corporation, Philippines
- Global Business Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Star Paper Mills Limited - India
- Manunggal Multi Energi - Indonesia
- Power Finance Corporation Ltd., India
- Makarim & Taira - Indonesia
- Romanian Commodities Exchange
- Deloitte Consulting - India
- Samtan Co., Ltd - South Korea
- Indian Oil Corporation Limited
- Lanco Infratech Ltd - India
- Edison Trading Spa - Italy
- Tamil Nadu electricity Board
- Binh Thuan Hamico - Vietnam
- ASAPP Information Group - India
- McConnell Dowell - Australia
- Bhoruka Overseas - Indonesia
- Iligan Light & Power Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Siam City Cement PLC, Thailand
- The State Trading Corporation of India Ltd
- Gujarat Electricity Regulatory Commission - India
- Uttam Galva Steels Limited - India
- Globalindo Alam Lestari - Indonesia
- Electricity Authority, New Zealand
- Ministry of Finance - Indonesia
- The Treasury - Australian Government
- Parliament of New Zealand
- India Bulls Power Limited - India
- SMC Global Power, Philippines
- Dalmia Cement Bharat India
- Billiton Holdings Pty Ltd - Australia
- Bangladesh Power Developement Board
- Bukit Makmur.PT - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Indogreen Group - Indonesia
- Vizag Seaport Private Limited - India
- Heidelberg Cement - Germany
- London Commodity Brokers - England
- Kartika Selabumi Mining - Indonesia
- Ambuja Cements Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- South Luzon Thermal Energy Corporation
- PetroVietnam Power Coal Import and Supply Company
- Timah Investasi Mineral - Indoneisa
- Essar Steel Hazira Ltd - India
- Price Waterhouse Coopers - Russia
- Medco Energi Mining Internasional
- Riau Bara Harum - Indonesia
- International Coal Ventures Pvt Ltd - India
- Parry Sugars Refinery, India
- Renaissance Capital - South Africa
- Latin American Coal - Colombia
- Krishnapatnam Port Company Ltd. - India
- Tata Chemicals Ltd - India
- Bayan Resources Tbk. - Indonesia
- Independent Power Producers Association of India
- Standard Chartered Bank - UAE
- Bharathi Cement Corporation - India
- Economic Council, Georgia
- Australian Coal Association
- Asmin Koalindo Tuhup - Indonesia
- ICICI Bank Limited - India
- Sinarmas Energy and Mining - Indonesia
- Meralco Power Generation, Philippines
- Carbofer General Trading SA - India
- Gujarat Sidhee Cement - India
- Minerals Council of Australia
- Eastern Coal Council - USA
- Sakthi Sugars Limited - India
- Bulk Trading Sa - Switzerland
- Central Java Power - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Aditya Birla Group - India
- Cement Manufacturers Association - India
- Port Waratah Coal Services - Australia
- Mintek Dendrill Indonesia
- SN Aboitiz Power Inc, Philippines
- Mercator Lines Limited - India
- Orica Australia Pty. Ltd.
- Metalloyd Limited - United Kingdom
- Holcim Trading Pte Ltd - Singapore
- Madhucon Powers Ltd - India
- Coastal Gujarat Power Limited - India
- Global Coal Blending Company Limited - Australia
- New Zealand Coal & Carbon
- Neyveli Lignite Corporation Ltd, - India
- Indian Energy Exchange, India
- Georgia Ports Authority, United States
- Central Electricity Authority - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- SMG Consultants - Indonesia
- Australian Commodity Traders Exchange
- Kalimantan Lumbung Energi - Indonesia
- Energy Link Ltd, New Zealand
- Orica Mining Services - Indonesia
- Kepco SPC Power Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- IHS Mccloskey Coal Group - USA
- Baramulti Group, Indonesia
- Mercuria Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Anglo American - United Kingdom
- Wood Mackenzie - Singapore
- Coal and Oil Company - UAE
- Siam City Cement - Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Trasteel International SA, Italy
- Ceylon Electricity Board - Sri Lanka
- CIMB Investment Bank - Malaysia
- GVK Power & Infra Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Posco Energy - South Korea
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