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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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Tuesday, 02 June 20
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX DOWN 0.86 PCT - XINHUA
China Taiyuan coal transaction price index stood at 123.95 points Monday, down 0.86 percent week on week.
The index, released by Chi ...
Tuesday, 02 June 20
THE HISTORIC DECLINE OF US COAL - WOOD MACKENZIE
The first commercial power plant in the US was Thomas Edison’s coal-fired Pearl Street station in lower Manhattan, which started operating in ...
Tuesday, 02 June 20
COAL INDIA'S MAY SALES DRIVEN SHARPLY LOWER BY SLUMP IN POWER DEMAND - REUTER
Coal India’s sales fell 23.3% in May as utilities refrained from purchases amid record stockpiles and tepid demand because of a nationwide lo ...
Tuesday, 02 June 20
TUAH TURANGGA AGUNG RECORDED 4.54 MILLION TONS OF COAL SALES IN THE FIRST FOUR MONTHS OF 2020
PT United Tractors Tbk through its subsidiary, PT Tuah Turangga Agung recorded 4.54 million tons of coal sales in the first four months of 2020, up ...
Tuesday, 02 June 20
SOURING SINO-AUSTRALIA TRADE RELATIONS - BALTIC EXCHANGE
Cooling relations between the commodity powerhouses of China and Australia may point to trade troubles ahead when the world emerges from the Covid- ...
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- Globalindo Alam Lestari - Indonesia
- Gujarat Mineral Development Corp Ltd - India
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- Binh Thuan Hamico - Vietnam
- Directorate General of MIneral and Coal - Indonesia
- Global Business Power Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Intertek Mineral Services - Indonesia
- Directorate Of Revenue Intelligence - India
- Makarim & Taira - Indonesia
- Kideco Jaya Agung - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- India Bulls Power Limited - India
- Kobexindo Tractors - Indoneisa
- Jindal Steel & Power Ltd - India
- IEA Clean Coal Centre - UK
- Petrochimia International Co. Ltd.- Taiwan
- Mercator Lines Limited - India
- Mintek Dendrill Indonesia
- Kalimantan Lumbung Energi - Indonesia
- European Bulk Services B.V. - Netherlands
- OPG Power Generation Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Miang Besar Coal Terminal - Indonesia
- GAC Shipping (India) Pvt Ltd
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- Global Green Power PLC Corporation, Philippines
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- Chamber of Mines of South Africa
- Thai Mozambique Logistica
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- Meenaskhi Energy Private Limited - India
- Ministry of Mines - Canada
- Bharathi Cement Corporation - India
- Bahari Cakrawala Sebuku - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Uttam Galva Steels Limited - India
- Borneo Indobara - Indonesia
- Straits Asia Resources Limited - Singapore
- Australian Commodity Traders Exchange
- Latin American Coal - Colombia
- Altura Mining Limited, Indonesia
- Parry Sugars Refinery, India
- Sakthi Sugars Limited - India
- Ceylon Electricity Board - Sri Lanka
- Riau Bara Harum - Indonesia
- Vedanta Resources Plc - India
- Electricity Authority, New Zealand
- The State Trading Corporation of India Ltd
- Edison Trading Spa - Italy
- South Luzon Thermal Energy Corporation
- International Coal Ventures Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Medco Energi Mining Internasional
- Kepco SPC Power Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Romanian Commodities Exchange
- Eastern Energy - Thailand
- CIMB Investment Bank - Malaysia
- Sarangani Energy Corporation, Philippines
- Cement Manufacturers Association - India
- Bukit Makmur.PT - Indonesia
- Siam City Cement PLC, Thailand
- Parliament of New Zealand
- Power Finance Corporation Ltd., India
- Kaltim Prima Coal - Indonesia
- Economic Council, Georgia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indian Energy Exchange, India
- New Zealand Coal & Carbon
- Timah Investasi Mineral - Indoneisa
- Semirara Mining Corp, Philippines
- Kapuas Tunggal Persada - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Banpu Public Company Limited - Thailand
- Alfred C Toepfer International GmbH - Germany
- Grasim Industreis Ltd - India
- Bulk Trading Sa - Switzerland
- Carbofer General Trading SA - India
- PTC India Limited - India
- Kartika Selabumi Mining - Indonesia
- Port Waratah Coal Services - Australia
- Eastern Coal Council - USA
- ICICI Bank Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- McConnell Dowell - Australia
- Planning Commission, India
- Aditya Birla Group - India
- Indo Tambangraya Megah - Indonesia
- Manunggal Multi Energi - Indonesia
- London Commodity Brokers - England
- Siam City Cement - Thailand
- Savvy Resources Ltd - HongKong
- GN Power Mariveles Coal Plant, Philippines
- Standard Chartered Bank - UAE
- CNBM International Corporation - China
- The Treasury - Australian Government
- Minerals Council of Australia
- PNOC Exploration Corporation - Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Independent Power Producers Association of India
- Indika Energy - Indonesia
- GMR Energy Limited - India
- Sojitz Corporation - Japan
- Bhatia International Limited - India
- Deloitte Consulting - India
- Agrawal Coal Company - India
- Orica Mining Services - Indonesia
- Price Waterhouse Coopers - Russia
- Maharashtra Electricity Regulatory Commission - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Trasteel International SA, Italy
- VISA Power Limited - India
- Ministry of Finance - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Gujarat Electricity Regulatory Commission - India
- LBH Netherlands Bv - Netherlands
- Coastal Gujarat Power Limited - India
- Tamil Nadu electricity Board
- Lanco Infratech Ltd - India
- Commonwealth Bank - Australia
- Tata Chemicals Ltd - India
- Sree Jayajothi Cements Limited - India
- TeaM Sual Corporation - Philippines
- Coal and Oil Company - UAE
- Australian Coal Association
- MS Steel International - UAE
- Mercuria Energy - Indonesia
- Xindia Steels Limited - India
- Pendopo Energi Batubara - Indonesia
- Marubeni Corporation - India
- Vizag Seaport Private Limited - India
- Thiess Contractors Indonesia
- Global Coal Blending Company Limited - Australia
- Larsen & Toubro Limited - India
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- Ambuja Cements Ltd - India
- Indian Oil Corporation Limited
- Videocon Industries ltd - India
- ASAPP Information Group - India
- Krishnapatnam Port Company Ltd. - India
- SMG Consultants - Indonesia
- Heidelberg Cement - Germany
- Rio Tinto Coal - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Electricity Generating Authority of Thailand
- Attock Cement Pakistan Limited
- Central Java Power - Indonesia
- Dalmia Cement Bharat India
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- Kumho Petrochemical, South Korea
- Petron Corporation, Philippines
- Georgia Ports Authority, United States
- Formosa Plastics Group - Taiwan
- San Jose City I Power Corp, Philippines
- Energy Development Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- Central Electricity Authority - India
- Samtan Co., Ltd - South Korea
- Singapore Mercantile Exchange
- Meralco Power Generation, Philippines
- Merrill Lynch Commodities Europe
- Wilmar Investment Holdings
- Karaikal Port Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Leighton Contractors Pty Ltd - Australia
- PowerSource Philippines DevCo
- Oldendorff Carriers - Singapore
- Metalloyd Limited - United Kingdom
- Malabar Cements Ltd - India
- Anglo American - United Kingdom
- Bukit Baiduri Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Pipit Mutiara Jaya. PT, Indonesia
- SN Aboitiz Power Inc, Philippines
- Bangladesh Power Developement Board
- The University of Queensland
- Therma Luzon, Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Baramulti Group, Indonesia
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- SMC Global Power, Philippines
- Coalindo Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Bhoruka Overseas - Indonesia
- Salva Resources Pvt Ltd - India
- Renaissance Capital - South Africa
- AsiaOL BioFuels Corp., Philippines
- Mjunction Services Limited - India
- Posco Energy - South Korea
- Jaiprakash Power Ventures ltd
- Gujarat Sidhee Cement - India
- Billiton Holdings Pty Ltd - Australia
- Iligan Light & Power Inc, Philippines
- Wood Mackenzie - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Jorong Barutama Greston.PT - Indonesia
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- Star Paper Mills Limited - India
- Sical Logistics Limited - India
- Antam Resourcindo - Indonesia
- Interocean Group of Companies - India
- GVK Power & Infra Limited - India
- Sindya Power Generating Company Private Ltd
- Karbindo Abesyapradhi - Indoneisa
- Goldman Sachs - Singapore
- Semirara Mining and Power Corporation, Philippines
- Africa Commodities Group - South Africa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
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