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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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- Minerals Council of Australia
- Standard Chartered Bank - UAE
- CNBM International Corporation - China
- Oldendorff Carriers - Singapore
- Mintek Dendrill Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Petron Corporation, Philippines
- Wood Mackenzie - Singapore
- Posco Energy - South Korea
- Semirara Mining and Power Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Interocean Group of Companies - India
- New Zealand Coal & Carbon
- Rio Tinto Coal - Australia
- Electricity Authority, New Zealand
- Chettinad Cement Corporation Ltd - India
- Directorate Of Revenue Intelligence - India
- Sical Logistics Limited - India
- CIMB Investment Bank - Malaysia
- Chamber of Mines of South Africa
- Sarangani Energy Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- VISA Power Limited - India
- Coal and Oil Company - UAE
- OPG Power Generation Pvt Ltd - India
- Aditya Birla Group - India
- European Bulk Services B.V. - Netherlands
- LBH Netherlands Bv - Netherlands
- Vizag Seaport Private Limited - India
- Mercator Lines Limited - India
- London Commodity Brokers - England
- Malabar Cements Ltd - India
- GMR Energy Limited - India
- Videocon Industries ltd - India
- SMG Consultants - Indonesia
- Sree Jayajothi Cements Limited - India
- Manunggal Multi Energi - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Central Electricity Authority - India
- Siam City Cement PLC, Thailand
- Port Waratah Coal Services - Australia
- Gujarat Mineral Development Corp Ltd - India
- Indian Oil Corporation Limited
- Meralco Power Generation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Eastern Energy - Thailand
- Global Coal Blending Company Limited - Australia
- Riau Bara Harum - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Ministry of Finance - Indonesia
- Economic Council, Georgia
- Alfred C Toepfer International GmbH - Germany
- Makarim & Taira - Indonesia
- Jaiprakash Power Ventures ltd
- Cigading International Bulk Terminal - Indonesia
- Sakthi Sugars Limited - India
- San Jose City I Power Corp, Philippines
- SN Aboitiz Power Inc, Philippines
- Indika Energy - Indonesia
- Simpson Spence & Young - Indonesia
- Altura Mining Limited, Indonesia
- Metalloyd Limited - United Kingdom
- Coalindo Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- Marubeni Corporation - India
- Energy Link Ltd, New Zealand
- The State Trading Corporation of India Ltd
- Ministry of Mines - Canada
- Holcim Trading Pte Ltd - Singapore
- Essar Steel Hazira Ltd - India
- Therma Luzon, Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Bhoruka Overseas - Indonesia
- Aboitiz Power Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Lanco Infratech Ltd - India
- Tamil Nadu electricity Board
- Deloitte Consulting - India
- Central Java Power - Indonesia
- Mjunction Services Limited - India
- Siam City Cement - Thailand
- Maheswari Brothers Coal Limited - India
- Banpu Public Company Limited - Thailand
- Star Paper Mills Limited - India
- Kideco Jaya Agung - Indonesia
- Uttam Galva Steels Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Agrawal Coal Company - India
- ASAPP Information Group - India
- The University of Queensland
- Borneo Indobara - Indonesia
- Tata Chemicals Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Edison Trading Spa - Italy
- GVK Power & Infra Limited - India
- Indonesian Coal Mining Association
- Heidelberg Cement - Germany
- Ceylon Electricity Board - Sri Lanka
- Savvy Resources Ltd - HongKong
- Trasteel International SA, Italy
- Bulk Trading Sa - Switzerland
- Price Waterhouse Coopers - Russia
- Madhucon Powers Ltd - India
- India Bulls Power Limited - India
- Antam Resourcindo - Indonesia
- Australian Commodity Traders Exchange
- Iligan Light & Power Inc, Philippines
- Dalmia Cement Bharat India
- Indian Energy Exchange, India
- GN Power Mariveles Coal Plant, Philippines
- Thai Mozambique Logistica
- Gujarat Sidhee Cement - India
- IEA Clean Coal Centre - UK
- Merrill Lynch Commodities Europe
- Karaikal Port Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Orica Australia Pty. Ltd.
- Formosa Plastics Group - Taiwan
- Medco Energi Mining Internasional
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Baiduri Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Eastern Coal Council - USA
- Attock Cement Pakistan Limited
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ministry of Transport, Egypt
- Barasentosa Lestari - Indonesia
- Bhatia International Limited - India
- Bukit Makmur.PT - Indonesia
- Bangladesh Power Developement Board
- Samtan Co., Ltd - South Korea
- Gujarat Electricity Regulatory Commission - India
- PowerSource Philippines DevCo
- Latin American Coal - Colombia
- Intertek Mineral Services - Indonesia
- Larsen & Toubro Limited - India
- Sinarmas Energy and Mining - Indonesia
- Coastal Gujarat Power Limited - India
- Rashtriya Ispat Nigam Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Kobexindo Tractors - Indoneisa
- Globalindo Alam Lestari - Indonesia
- Parry Sugars Refinery, India
- Miang Besar Coal Terminal - Indonesia
- Binh Thuan Hamico - Vietnam
- White Energy Company Limited
- Xindia Steels Limited - India
- International Coal Ventures Pvt Ltd - India
- Renaissance Capital - South Africa
- Leighton Contractors Pty Ltd - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Commonwealth Bank - Australia
- Parliament of New Zealand
- Energy Development Corp, Philippines
- Kartika Selabumi Mining - Indonesia
- Toyota Tsusho Corporation, Japan
- Electricity Generating Authority of Thailand
- South Luzon Thermal Energy Corporation
- McConnell Dowell - Australia
- The Treasury - Australian Government
- Power Finance Corporation Ltd., India
- Africa Commodities Group - South Africa
- Jindal Steel & Power Ltd - India
- Baramulti Group, Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Billiton Holdings Pty Ltd - Australia
- SMC Global Power, Philippines
- Carbofer General Trading SA - India
- Singapore Mercantile Exchange
- Ambuja Cements Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Australian Coal Association
- Bayan Resources Tbk. - Indonesia
- Ind-Barath Power Infra Limited - India
- Romanian Commodities Exchange
- Kaltim Prima Coal - Indonesia
- PNOC Exploration Corporation - Philippines
- Grasim Industreis Ltd - India
- Semirara Mining Corp, Philippines
- Planning Commission, India
- Global Business Power Corporation, Philippines
- MS Steel International - UAE
- IHS Mccloskey Coal Group - USA
- Meenaskhi Energy Private Limited - India
- Orica Mining Services - Indonesia
- Vedanta Resources Plc - India
- Bharathi Cement Corporation - India
- Pendopo Energi Batubara - Indonesia
- Sojitz Corporation - Japan
- Indo Tambangraya Megah - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Anglo American - United Kingdom
- PTC India Limited - India
- Global Green Power PLC Corporation, Philippines
- Thiess Contractors Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Wilmar Investment Holdings
- Indogreen Group - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Straits Asia Resources Limited - Singapore
- Independent Power Producers Association of India
- ICICI Bank Limited - India
- Salva Resources Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Goldman Sachs - Singapore
- Cement Manufacturers Association - India
- Georgia Ports Authority, United States
- Mercuria Energy - Indonesia
- Bhushan Steel Limited - India
- Kumho Petrochemical, South Korea
- Kapuas Tunggal Persada - Indonesia
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