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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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Tuesday, 08 January 19
GLOBAL TRADE GROWTH EXPECTED TO REMAIN AT HEALTHY IN 2019 - ALLIED
2019 is here and we find ourselves with new challenges for the shipping industry and the global economy as whole, with market prospects being neith ...
Monday, 07 January 19
THE NEWCASTLE BENCHMARK SPOT PRICE IS FORECAST TO DECLINE FROM AN ESTIMATED AVERAGE OF US$105 A TONNE IN 2018 TO US$74 A TONNE IN 2020 - DEPARTMENT OF INDUSTRY, AUSTRALIA
• The Newcastle benchmark spot price is forecast to decline from an estimated average of US$105 a tonne in 2018 to US$74 a tonne in 2020, prim ...
Monday, 07 January 19
INDONESIAN GOVERNMENT DECLARED COAL BENCHMARK PRICE FALLS FOR FIFTH STRAIGHT MONTH IN JANUARY 2019; LOWEST SINCE JUNE 2018
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised down again the benchmark price of Indonesian th ...
Monday, 07 January 19
RUSSIA'S COAL PRODUCTION UP 5.9% TO 433.4 MLN TONNES IN 2018 - TASS
Coal production in Russia in 2018 increased by 5.9% year-on-year to 433.4 mln tonnes, according to the Central Dispatching Department of Fuel Energ ...
Friday, 04 January 19
FOCUS IS ON BOOSTING COAL PRODUCTION: INDIAN COAL MINISTER
The current focus of the government is on boosting production from operational coal mines, according to Minister for Coal, Piyush Goyal.
...
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- Videocon Industries ltd - India
- GVK Power & Infra Limited - India
- Kapuas Tunggal Persada - Indonesia
- Iligan Light & Power Inc, Philippines
- Orica Australia Pty. Ltd.
- Bayan Resources Tbk. - Indonesia
- The Treasury - Australian Government
- Cement Manufacturers Association - India
- Vedanta Resources Plc - India
- South Luzon Thermal Energy Corporation
- Central Electricity Authority - India
- Global Business Power Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Aditya Birla Group - India
- Altura Mining Limited, Indonesia
- Coal and Oil Company - UAE
- IHS Mccloskey Coal Group - USA
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kaltim Prima Coal - Indonesia
- CIMB Investment Bank - Malaysia
- PetroVietnam Power Coal Import and Supply Company
- Goldman Sachs - Singapore
- Mjunction Services Limited - India
- Binh Thuan Hamico - Vietnam
- Aboitiz Power Corporation - Philippines
- Africa Commodities Group - South Africa
- Gujarat Mineral Development Corp Ltd - India
- Renaissance Capital - South Africa
- Parliament of New Zealand
- Straits Asia Resources Limited - Singapore
- Dalmia Cement Bharat India
- Alfred C Toepfer International GmbH - Germany
- Essar Steel Hazira Ltd - India
- Mercuria Energy - Indonesia
- The University of Queensland
- Sarangani Energy Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Ministry of Transport, Egypt
- MS Steel International - UAE
- Indonesian Coal Mining Association
- Anglo American - United Kingdom
- Sree Jayajothi Cements Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- White Energy Company Limited
- Vijayanagar Sugar Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Energy Link Ltd, New Zealand
- Price Waterhouse Coopers - Russia
- Attock Cement Pakistan Limited
- Ministry of Mines - Canada
- Therma Luzon, Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- Marubeni Corporation - India
- Timah Investasi Mineral - Indoneisa
- Singapore Mercantile Exchange
- Makarim & Taira - Indonesia
- Electricity Generating Authority of Thailand
- Eastern Coal Council - USA
- Oldendorff Carriers - Singapore
- Sinarmas Energy and Mining - Indonesia
- Posco Energy - South Korea
- Neyveli Lignite Corporation Ltd, - India
- Kobexindo Tractors - Indoneisa
- Borneo Indobara - Indonesia
- Deloitte Consulting - India
- Bhushan Steel Limited - India
- Madhucon Powers Ltd - India
- Siam City Cement PLC, Thailand
- Eastern Energy - Thailand
- Global Coal Blending Company Limited - Australia
- Semirara Mining Corp, Philippines
- Uttam Galva Steels Limited - India
- Larsen & Toubro Limited - India
- Latin American Coal - Colombia
- Ceylon Electricity Board - Sri Lanka
- Parry Sugars Refinery, India
- Meralco Power Generation, Philippines
- Bharathi Cement Corporation - India
- Power Finance Corporation Ltd., India
- IEA Clean Coal Centre - UK
- Bukit Asam (Persero) Tbk - Indonesia
- Merrill Lynch Commodities Europe
- Jaiprakash Power Ventures ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Toyota Tsusho Corporation, Japan
- Kideco Jaya Agung - Indonesia
- Savvy Resources Ltd - HongKong
- Banpu Public Company Limited - Thailand
- Independent Power Producers Association of India
- Standard Chartered Bank - UAE
- Kohat Cement Company Ltd. - Pakistan
- Trasteel International SA, Italy
- Carbofer General Trading SA - India
- San Jose City I Power Corp, Philippines
- Directorate Of Revenue Intelligence - India
- Planning Commission, India
- Rashtriya Ispat Nigam Limited - India
- AsiaOL BioFuels Corp., Philippines
- GAC Shipping (India) Pvt Ltd
- Kalimantan Lumbung Energi - Indonesia
- Coalindo Energy - Indonesia
- Bukit Baiduri Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Australian Commodity Traders Exchange
- Indian Oil Corporation Limited
- Star Paper Mills Limited - India
- Ambuja Cements Ltd - India
- Energy Development Corp, Philippines
- ICICI Bank Limited - India
- Pendopo Energi Batubara - Indonesia
- Heidelberg Cement - Germany
- Semirara Mining and Power Corporation, Philippines
- Vizag Seaport Private Limited - India
- ASAPP Information Group - India
- Tata Chemicals Ltd - India
- Tamil Nadu electricity Board
- Indogreen Group - Indonesia
- Minerals Council of Australia
- TeaM Sual Corporation - Philippines
- Indian Energy Exchange, India
- Port Waratah Coal Services - Australia
- London Commodity Brokers - England
- Leighton Contractors Pty Ltd - Australia
- CNBM International Corporation - China
- Simpson Spence & Young - Indonesia
- Mintek Dendrill Indonesia
- Petron Corporation, Philippines
- Siam City Cement - Thailand
- Rio Tinto Coal - Australia
- Asmin Koalindo Tuhup - Indonesia
- McConnell Dowell - Australia
- Agrawal Coal Company - India
- Wilmar Investment Holdings
- Maharashtra Electricity Regulatory Commission - India
- OPG Power Generation Pvt Ltd - India
- New Zealand Coal & Carbon
- SMC Global Power, Philippines
- Thiess Contractors Indonesia
- Sojitz Corporation - Japan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Wood Mackenzie - Singapore
- Riau Bara Harum - Indonesia
- Bhatia International Limited - India
- Intertek Mineral Services - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Xindia Steels Limited - India
- Globalindo Alam Lestari - Indonesia
- PTC India Limited - India
- Miang Besar Coal Terminal - Indonesia
- Orica Mining Services - Indonesia
- Ind-Barath Power Infra Limited - India
- Coastal Gujarat Power Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Medco Energi Mining Internasional
- Sical Logistics Limited - India
- Meenaskhi Energy Private Limited - India
- Metalloyd Limited - United Kingdom
- GN Power Mariveles Coal Plant, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Baramulti Group, Indonesia
- Kumho Petrochemical, South Korea
- Gujarat Sidhee Cement - India
- Petrochimia International Co. Ltd.- Taiwan
- GMR Energy Limited - India
- Grasim Industreis Ltd - India
- Ministry of Finance - Indonesia
- Sindya Power Generating Company Private Ltd
- Samtan Co., Ltd - South Korea
- Bangladesh Power Developement Board
- Malabar Cements Ltd - India
- Sakthi Sugars Limited - India
- LBH Netherlands Bv - Netherlands
- Lanco Infratech Ltd - India
- Kartika Selabumi Mining - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Karaikal Port Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- European Bulk Services B.V. - Netherlands
- Bahari Cakrawala Sebuku - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Central Java Power - Indonesia
- Formosa Plastics Group - Taiwan
- Indo Tambangraya Megah - Indonesia
- Mercator Lines Limited - India
- Bhoruka Overseas - Indonesia
- Interocean Group of Companies - India
- Bukit Makmur.PT - Indonesia
- Manunggal Multi Energi - Indonesia
- SMG Consultants - Indonesia
- Chamber of Mines of South Africa
- Electricity Authority, New Zealand
- Barasentosa Lestari - Indonesia
- Thai Mozambique Logistica
- PowerSource Philippines DevCo
- Jorong Barutama Greston.PT - Indonesia
- International Coal Ventures Pvt Ltd - India
- Commonwealth Bank - Australia
- Edison Trading Spa - Italy
- Romanian Commodities Exchange
- SN Aboitiz Power Inc, Philippines
- VISA Power Limited - India
- Indika Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Maheswari Brothers Coal Limited - India
- Antam Resourcindo - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Australian Coal Association
- Salva Resources Pvt Ltd - India
- Georgia Ports Authority, United States
- Global Green Power PLC Corporation, Philippines
- India Bulls Power Limited - India
- Holcim Trading Pte Ltd - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Economic Council, Georgia
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