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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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Wednesday, 12 August 20
THE COAL MARKET IN ITALY - ASSOCARBONI
Italy, which in 2019 reported a decrease in thermal coal imports, with a volume of 7,5 million tons (-32% compared to 11 million tons in 2018), whi ...
Wednesday, 12 August 20
U.S. COAL PRODUCTION IN 2020 WILL DECREASE BY 29% FROM 2019 LEVELS TO 502 MMST - EIA
U.S. coal consumption, which dropped to its lowest point since April, totaled 95 MMst in the second quarter of 2020.
EIA expec ...
Tuesday, 11 August 20
BHP COAL ASSETS WORTH A BILLION LESS THAN JUST TWO YEARS AGO - IEEFA
Another global investor, the UK’s biggest public pension fund NEST, has withdrawn funds from BHP this week because the company is profiting & ...
Monday, 10 August 20
COAL IMPORT DROPS 43% IN JULY OWING TO HIGH STOCKPILE AT PITHEADS, PLANTS - PTI
“The market participants seem to have adopted a wait and watch approach and are currently looking for a direction. We do not expect to see an ...
Saturday, 08 August 20
GLOBAL COAL POWER PUZZLE - BALTIC EXCHANGE
Global Energy Monitor’s latest Global Coal Plant Tracker has put another nail in the coffin for the coal-carrying fleet with its finding that ...
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- IEA Clean Coal Centre - UK
- Goldman Sachs - Singapore
- ICICI Bank Limited - India
- PTC India Limited - India
- Commonwealth Bank - Australia
- PNOC Exploration Corporation - Philippines
- Sojitz Corporation - Japan
- Central Java Power - Indonesia
- Electricity Generating Authority of Thailand
- Salva Resources Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Pendopo Energi Batubara - Indonesia
- Marubeni Corporation - India
- Bangladesh Power Developement Board
- Merrill Lynch Commodities Europe
- Riau Bara Harum - Indonesia
- Billiton Holdings Pty Ltd - Australia
- European Bulk Services B.V. - Netherlands
- Savvy Resources Ltd - HongKong
- Independent Power Producers Association of India
- Kalimantan Lumbung Energi - Indonesia
- India Bulls Power Limited - India
- Borneo Indobara - Indonesia
- Indogreen Group - Indonesia
- Kideco Jaya Agung - Indonesia
- Aditya Birla Group - India
- Toyota Tsusho Corporation, Japan
- Planning Commission, India
- GN Power Mariveles Coal Plant, Philippines
- Star Paper Mills Limited - India
- Chamber of Mines of South Africa
- Bharathi Cement Corporation - India
- Bhushan Steel Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Karaikal Port Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Makarim & Taira - Indonesia
- Straits Asia Resources Limited - Singapore
- MS Steel International - UAE
- Grasim Industreis Ltd - India
- Binh Thuan Hamico - Vietnam
- Kumho Petrochemical, South Korea
- Sarangani Energy Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Rio Tinto Coal - Australia
- PowerSource Philippines DevCo
- Gujarat Sidhee Cement - India
- Indian Energy Exchange, India
- Essar Steel Hazira Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sakthi Sugars Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Formosa Plastics Group - Taiwan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Georgia Ports Authority, United States
- Vijayanagar Sugar Pvt Ltd - India
- Mercuria Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Vizag Seaport Private Limited - India
- Kobexindo Tractors - Indoneisa
- SMC Global Power, Philippines
- Tamil Nadu electricity Board
- Siam City Cement PLC, Thailand
- Heidelberg Cement - Germany
- Thai Mozambique Logistica
- Wilmar Investment Holdings
- PetroVietnam Power Coal Import and Supply Company
- Holcim Trading Pte Ltd - Singapore
- London Commodity Brokers - England
- Wood Mackenzie - Singapore
- Directorate Of Revenue Intelligence - India
- Rashtriya Ispat Nigam Limited - India
- Karbindo Abesyapradhi - Indoneisa
- VISA Power Limited - India
- GMR Energy Limited - India
- TeaM Sual Corporation - Philippines
- Electricity Authority, New Zealand
- Bayan Resources Tbk. - Indonesia
- Tata Chemicals Ltd - India
- Intertek Mineral Services - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Deloitte Consulting - India
- International Coal Ventures Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Indian Oil Corporation Limited
- Energy Development Corp, Philippines
- Mercator Lines Limited - India
- Mjunction Services Limited - India
- Thiess Contractors Indonesia
- South Luzon Thermal Energy Corporation
- SN Aboitiz Power Inc, Philippines
- Bhatia International Limited - India
- SMG Consultants - Indonesia
- Chettinad Cement Corporation Ltd - India
- Ministry of Finance - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Minerals Council of Australia
- Samtan Co., Ltd - South Korea
- Barasentosa Lestari - Indonesia
- Meralco Power Generation, Philippines
- Carbofer General Trading SA - India
- Xindia Steels Limited - India
- Anglo American - United Kingdom
- Ministry of Mines - Canada
- Australian Coal Association
- Therma Luzon, Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Global Coal Blending Company Limited - Australia
- Sindya Power Generating Company Private Ltd
- The State Trading Corporation of India Ltd
- Semirara Mining Corp, Philippines
- Indika Energy - Indonesia
- Antam Resourcindo - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Economic Council, Georgia
- AsiaOL BioFuels Corp., Philippines
- Manunggal Multi Energi - Indonesia
- Coastal Gujarat Power Limited - India
- Ambuja Cements Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Ceylon Electricity Board - Sri Lanka
- Coal and Oil Company - UAE
- Krishnapatnam Port Company Ltd. - India
- Miang Besar Coal Terminal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- Medco Energi Mining Internasional
- Parliament of New Zealand
- Vedanta Resources Plc - India
- Dalmia Cement Bharat India
- Eastern Energy - Thailand
- Latin American Coal - Colombia
- Bank of Tokyo Mitsubishi UFJ Ltd
- GVK Power & Infra Limited - India
- Global Green Power PLC Corporation, Philippines
- Parry Sugars Refinery, India
- Maheswari Brothers Coal Limited - India
- Banpu Public Company Limited - Thailand
- Altura Mining Limited, Indonesia
- Aboitiz Power Corporation - Philippines
- Price Waterhouse Coopers - Russia
- Trasteel International SA, Italy
- Mintek Dendrill Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Iligan Light & Power Inc, Philippines
- Oldendorff Carriers - Singapore
- Romanian Commodities Exchange
- Bhoruka Overseas - Indonesia
- Attock Cement Pakistan Limited
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Eastern Coal Council - USA
- Orica Mining Services - Indonesia
- Renaissance Capital - South Africa
- CNBM International Corporation - China
- Sical Logistics Limited - India
- The Treasury - Australian Government
- Simpson Spence & Young - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Uttam Galva Steels Limited - India
- New Zealand Coal & Carbon
- White Energy Company Limited
- Petrochimia International Co. Ltd.- Taiwan
- Port Waratah Coal Services - Australia
- Kaltim Prima Coal - Indonesia
- Petron Corporation, Philippines
- McConnell Dowell - Australia
- OPG Power Generation Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Jaiprakash Power Ventures ltd
- San Jose City I Power Corp, Philippines
- Bukit Baiduri Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Lanco Infratech Ltd - India
- Ministry of Transport, Egypt
- Orica Australia Pty. Ltd.
- Agrawal Coal Company - India
- Videocon Industries ltd - India
- Power Finance Corporation Ltd., India
- Baramulti Group, Indonesia
- Africa Commodities Group - South Africa
- Standard Chartered Bank - UAE
- Larsen & Toubro Limited - India
- Meenaskhi Energy Private Limited - India
- The University of Queensland
- Cigading International Bulk Terminal - Indonesia
- Australian Commodity Traders Exchange
- LBH Netherlands Bv - Netherlands
- Posco Energy - South Korea
- Neyveli Lignite Corporation Ltd, - India
- Central Electricity Authority - India
- Sree Jayajothi Cements Limited - India
- Bukit Makmur.PT - Indonesia
- Singapore Mercantile Exchange
- Jindal Steel & Power Ltd - India
- Metalloyd Limited - United Kingdom
- ASAPP Information Group - India
- Coalindo Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Global Business Power Corporation, Philippines
- Siam City Cement - Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ind-Barath Power Infra Limited - India
- Malabar Cements Ltd - India
- Indo Tambangraya Megah - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Edison Trading Spa - Italy
- GAC Shipping (India) Pvt Ltd
- CIMB Investment Bank - Malaysia
- Indonesian Coal Mining Association
- Interocean Group of Companies - India
- Madhucon Powers Ltd - India
- Cement Manufacturers Association - India
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