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Friday, 24 April 20
COAL INDIA TO PRODUCE 710 MT COAL - MINISTER OF COAL AND MINES
 Coal India Limited (CIL) will produce 710 million tonnes (MT) of coal and company’s coal off take target will also remain at710 MT for this fiscal. Union Minister of Coal and Mines Shri Pralhad Joshi set these targets for the state-run company while reviewing its performance through video conference on 22 April 2020.
According to the press release posted on company’s website, Shri Pralhad Joshi said “The demand of coal will pick up again after coronavirus lockdown, so I have directed CIL to keep the production and off take targets at 710 MT for financial year 2020-21 in line with its goal to achieve 1 billion tonne coal production by year2023-24.”
Union Coal and Mines Minister stressed upon consistency in coal production throughout the year and instructed CIL management to make all necessary preparations so that production doesn’t get affected even during monsoon season. He asked CIL authorities to provide quality coal to all consumers and make sure that sufficient coal is available at power plant during the year.
The press release further noted that, the company’s Over Burden (OB) removal target for financial year 2020-21 was set in the meeting at 1580 million cubic meters in alignment with its 1 BT plans. OB removal refers to the removal of top soil to expose the coal seams making them ready for mining.
“I am proud of our Coal Warriors who are toiling day and night to keep the lights on even during Corona Pandemic and hopeful that CIL will achieve all assigned targets on or before time. Government will extend all possible support to get the targets accomplished.” Shri Pralhad Joshi added.
The Minister further asked CIL management to approach the companies presently importing coal to cater their demand and advised to chalk out a detailed plan to substitute the import of coal.
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Wednesday, 06 May 20
KOSPO INVITED COAL BIDS FOR LOW CALORIFIC VALUE COAL
COALspot.com: Korea Southern Power Co., Ltd. (KOSPO) has issued an International tender for 160,000 Metric Tons (MT) Low Calorific Value Coal for J ...
Wednesday, 06 May 20
COST CHALLENGES IN A US$20/BBL WORLD - WOOD MACKENZIE
A new approach is needed to ensure supply sector resilience
How will US$20/bbl affect the oil and gas supply chain?
It’s going to g ...
Wednesday, 06 May 20
MARKET INSIGHT - INTERMODAL
It comes as no surprise that activity in the dry bulk SnP market remains soft, with asset values caught in the downward spiral generated by the Cov ...
Wednesday, 06 May 20
FLOATING STORAGE OF OIL CARGOES - STANDARD CLUB
KNOWLEDGE TO ELEVATE
Due to a combination of circumstances there is now a worldwide shortage of storage space ashore for both unrefi ...
Wednesday, 06 May 20
IRON ORE TRADE REMAINS REMARKABLY RESILIENT THIS YEAR, AT LEAST IN ASIA - BANCHERO COSTA
Iron ore trade remains remarkably resilient this year, at least in Asia, despite the global economic impact from COVID-19. In the first 4 months of ...
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- European Bulk Services B.V. - Netherlands
- Bukit Baiduri Energy - Indonesia
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- Billiton Holdings Pty Ltd - Australia
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- London Commodity Brokers - England
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- Metalloyd Limited - United Kingdom
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- Leighton Contractors Pty Ltd - Australia
- Thiess Contractors Indonesia
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- Grasim Industreis Ltd - India
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- Dalmia Cement Bharat India
- Indo Tambangraya Megah - Indonesia
- Commonwealth Bank - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Australian Commodity Traders Exchange
- Petron Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Toyota Tsusho Corporation, Japan
- Globalindo Alam Lestari - Indonesia
- Central Java Power - Indonesia
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- Bharathi Cement Corporation - India
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- Coal and Oil Company - UAE
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- Parry Sugars Refinery, India
- Eastern Coal Council - USA
- CNBM International Corporation - China
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- Energy Link Ltd, New Zealand
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- Directorate General of MIneral and Coal - Indonesia
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- Jaiprakash Power Ventures ltd
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- Chamber of Mines of South Africa
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- Sical Logistics Limited - India
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- South Luzon Thermal Energy Corporation
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- Petrochimia International Co. Ltd.- Taiwan
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- Kohat Cement Company Ltd. - Pakistan
- Siam City Cement PLC, Thailand
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- Ministry of Finance - Indonesia
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