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Tuesday, 12 May 20
INDIA'S COAL PRODUCTION TO CLOCK RECORD 700 MILLION TONNES IN FY21: COAL SECRETARY - PTI
 Coal Secretary Anil Jain said FY20 coal production was lower than the target of 660 million tonnes because of flooding of a key coal mine.
India will produce a record 700 million tonnes of coal in the current fiscal ending March 2021, helping cut down on imports, Coal Secretary Anil Jain said.
India produced 602.14 million tonnes of coal in 2019-20 fiscal, marginally lower than 606 million tonnes output in the previous year.
“We are on track to producing 700 million tonnes of coal in 2020-21 fiscal,” Jain told PTI in an interview.
This record output will help stop most of substitutable coal imports, he said.
India imports 235 million tonnes of coal annually. About half of this is non-substitutable as they are tied to the power plant or user factories, but the rest can be cut down, he said.
“We will able to cut substitutable coal imports with this rise in production,” he said.
Prime Minister Narendra Modi has set a target to expand the country’s economy to USD 5 trillion by 2024, from USD 2.9 trillion currently, and reducing energy imports and harnessing domestic resources are key to meeting that goal.
To meet the import reduction goal, state miner Coal India Ltd is targeting to raise its annual output to 1 billion tonnes by fiscal year 2024.
Jain said FY20 coal production was lower than the target of 660 million tonnes because of flooding of a key coal mine.
Power plants, which are key coal users, have stocks as high as 30-days due to the coronavirus lockdown, he said.
The lockdown shut factories and offices, slashing electricity demand by about a quarter, thus affecting the use of coal and causing inventories to swell to record levels.
Coal India Ltd has stocked up a record 75 million tonnes at its mines while power station inventories have surged to 44.7 million tonnes, the highest in data going back to 2008.
The combined inventories are more than the two-month average of production at Coal India last fiscal.
The demand for coal, he said, will pick up again after the lockdown is lifted. Jain said coal production in April was about 40 million tonnes, down from 45 million tonnes a year back.
Coal’s share in India’s electricity generation is estimated to come down to 50 per cent by 2030 from about 72 per cent now.
Source: PTI
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Monday, 28 September 20
NEW LNG PROJECTS - ALL DRESSED UP AND NO PLACE TO GO - WOOD MACKENZIE
It was meant to be another boom year. After a record 70 mmtpa of new LNG capacity was sanctioned in 2019, at least as much capacity was lined up fo ...
Thursday, 24 September 20
SUPRAMAX: INDO TO INDIA FIXING AROUND US$13,000 - FEARNLEYS
Cape
Over the last week the iron ore segment from Brazil to China has picked up, and we see freight rates up USD 2 (12%) week on week Fearnleys ...
Thursday, 24 September 20
KOREA MIDLAND POWER TO BUY 1.92 MILLION TONS OF 4,300-4,700 NCV COAL FOR THREE YEARS
COALspot.com: Korea Midland Power Co. Ltd, has issued an International tender for 640,000 MT 4,300-4,700 kcal/kg NCV coal per year.
...
Wednesday, 23 September 20
VIETNAM'S NEW POWER DEVELOPMENT PLAN MUST OPTIMIZE RENEWABLES AND AVOID FOSSIL FUEL LOCK-IN: IEEFA
EVN’s financial constraints leaves the utility with little room for error
Implementing Vietnam’s soon-to-be-launched next Power De ...
Wednesday, 23 September 20
MARKET INSIGHT - INTERMODAL
Undoubtedly, this year (ongoing) will never be forgotten because in a matter of months it has managed to severely affect and shape our day to day p ...
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- TeaM Sual Corporation - Philippines
- Gujarat Electricity Regulatory Commission - India
- Jaiprakash Power Ventures ltd
- McConnell Dowell - Australia
- Star Paper Mills Limited - India
- Global Coal Blending Company Limited - Australia
- CIMB Investment Bank - Malaysia
- Standard Chartered Bank - UAE
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Electricity Generating Authority of Thailand
- Pendopo Energi Batubara - Indonesia
- Price Waterhouse Coopers - Russia
- Makarim & Taira - Indonesia
- Parliament of New Zealand
- Sojitz Corporation - Japan
- Riau Bara Harum - Indonesia
- Lanco Infratech Ltd - India
- Semirara Mining Corp, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Economic Council, Georgia
- PetroVietnam Power Coal Import and Supply Company
- Edison Trading Spa - Italy
- Kobexindo Tractors - Indoneisa
- Antam Resourcindo - Indonesia
- GMR Energy Limited - India
- Coastal Gujarat Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Alfred C Toepfer International GmbH - Germany
- IEA Clean Coal Centre - UK
- European Bulk Services B.V. - Netherlands
- Romanian Commodities Exchange
- Trasteel International SA, Italy
- Kapuas Tunggal Persada - Indonesia
- Minerals Council of Australia
- Bukit Baiduri Energy - Indonesia
- Vedanta Resources Plc - India
- Ind-Barath Power Infra Limited - India
- Samtan Co., Ltd - South Korea
- India Bulls Power Limited - India
- Central Java Power - Indonesia
- Kepco SPC Power Corporation, Philippines
- Central Electricity Authority - India
- Kideco Jaya Agung - Indonesia
- The Treasury - Australian Government
- Kohat Cement Company Ltd. - Pakistan
- Orica Australia Pty. Ltd.
- Renaissance Capital - South Africa
- Thai Mozambique Logistica
- Globalindo Alam Lestari - Indonesia
- Videocon Industries ltd - India
- Eastern Coal Council - USA
- PTC India Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Borneo Indobara - Indonesia
- Independent Power Producers Association of India
- Bayan Resources Tbk. - Indonesia
- Australian Coal Association
- Banpu Public Company Limited - Thailand
- Krishnapatnam Port Company Ltd. - India
- Bharathi Cement Corporation - India
- Dalmia Cement Bharat India
- Meenaskhi Energy Private Limited - India
- Bulk Trading Sa - Switzerland
- Bangladesh Power Developement Board
- Chettinad Cement Corporation Ltd - India
- Meralco Power Generation, Philippines
- Madhucon Powers Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Aboitiz Power Corporation - Philippines
- Power Finance Corporation Ltd., India
- Indo Tambangraya Megah - Indonesia
- South Luzon Thermal Energy Corporation
- Mercuria Energy - Indonesia
- New Zealand Coal & Carbon
- Siam City Cement - Thailand
- Coalindo Energy - Indonesia
- Ministry of Transport, Egypt
- Energy Development Corp, Philippines
- SMG Consultants - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Kumho Petrochemical, South Korea
- Billiton Holdings Pty Ltd - Australia
- Vizag Seaport Private Limited - India
- Mercator Lines Limited - India
- Orica Mining Services - Indonesia
- PNOC Exploration Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- OPG Power Generation Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- London Commodity Brokers - England
- Mjunction Services Limited - India
- Xindia Steels Limited - India
- Malabar Cements Ltd - India
- Marubeni Corporation - India
- Merrill Lynch Commodities Europe
- Indian Energy Exchange, India
- Commonwealth Bank - Australia
- Bukit Makmur.PT - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Metalloyd Limited - United Kingdom
- Manunggal Multi Energi - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Cement Manufacturers Association - India
- Baramulti Group, Indonesia
- Indogreen Group - Indonesia
- Uttam Galva Steels Limited - India
- Essar Steel Hazira Ltd - India
- Siam City Cement PLC, Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Salva Resources Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Jindal Steel & Power Ltd - India
- Aditya Birla Group - India
- Karbindo Abesyapradhi - Indoneisa
- Georgia Ports Authority, United States
- IHS Mccloskey Coal Group - USA
- Deloitte Consulting - India
- Posco Energy - South Korea
- Ambuja Cements Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Toyota Tsusho Corporation, Japan
- Directorate General of MIneral and Coal - Indonesia
- Electricity Authority, New Zealand
- Timah Investasi Mineral - Indoneisa
- VISA Power Limited - India
- Semirara Mining and Power Corporation, Philippines
- Wilmar Investment Holdings
- Bhushan Steel Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Simpson Spence & Young - Indonesia
- Latin American Coal - Colombia
- San Jose City I Power Corp, Philippines
- Bhoruka Overseas - Indonesia
- PowerSource Philippines DevCo
- Gujarat Sidhee Cement - India
- Petron Corporation, Philippines
- Port Waratah Coal Services - Australia
- Goldman Sachs - Singapore
- Singapore Mercantile Exchange
- GVK Power & Infra Limited - India
- Rio Tinto Coal - Australia
- Oldendorff Carriers - Singapore
- International Coal Ventures Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Mintek Dendrill Indonesia
- Directorate Of Revenue Intelligence - India
- Ministry of Mines - Canada
- Chamber of Mines of South Africa
- Kartika Selabumi Mining - Indonesia
- Eastern Energy - Thailand
- Tamil Nadu electricity Board
- Sree Jayajothi Cements Limited - India
- Wood Mackenzie - Singapore
- Coal and Oil Company - UAE
- SN Aboitiz Power Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- ASAPP Information Group - India
- Sinarmas Energy and Mining - Indonesia
- Intertek Mineral Services - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Indian Oil Corporation Limited
- Barasentosa Lestari - Indonesia
- Leighton Contractors Pty Ltd - Australia
- SMC Global Power, Philippines
- Therma Luzon, Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Larsen & Toubro Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The State Trading Corporation of India Ltd
- White Energy Company Limited
- Ministry of Finance - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Tata Chemicals Ltd - India
- Interocean Group of Companies - India
- Sarangani Energy Corporation, Philippines
- CNBM International Corporation - China
- Pipit Mutiara Jaya. PT, Indonesia
- Ceylon Electricity Board - Sri Lanka
- Maharashtra Electricity Regulatory Commission - India
- Indonesian Coal Mining Association
- Anglo American - United Kingdom
- Sindya Power Generating Company Private Ltd
- LBH Netherlands Bv - Netherlands
- Formosa Plastics Group - Taiwan
- Global Green Power PLC Corporation, Philippines
- Agrawal Coal Company - India
- Binh Thuan Hamico - Vietnam
- Bhatia International Limited - India
- Kaltim Prima Coal - Indonesia
- Africa Commodities Group - South Africa
- ICICI Bank Limited - India
- Planning Commission, India
- Australian Commodity Traders Exchange
- Heidelberg Cement - Germany
- Carbofer General Trading SA - India
- Medco Energi Mining Internasional
- Maheswari Brothers Coal Limited - India
- Global Business Power Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Attock Cement Pakistan Limited
- The University of Queensland
- Rashtriya Ispat Nigam Limited - India
- MS Steel International - UAE
- Sical Logistics Limited - India
- GAC Shipping (India) Pvt Ltd
- Sakthi Sugars Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Parry Sugars Refinery, India
- Indika Energy - Indonesia
- Altura Mining Limited, Indonesia
- Karaikal Port Pvt Ltd - India
- Grasim Industreis Ltd - India
- Straits Asia Resources Limited - Singapore
- Thiess Contractors Indonesia
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