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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 ...
Monday, 01 June 20
SUPRAMAX: IN SOUTH EAST ASIA RATES TRADED SIDEWAYS - BALTIC BRIEFING
Capesize
A sober end to the week, with the market seemingly ready for the weekend. After a steady week of rate declines a small flurry of Atlan ...
Friday, 29 May 20
COVID-19: COAL SUPPLY BY CIL TO POWER SECTOR DIPS 22% TO 32 MT IN APRIL DUE TO DEMAND SLUMP - PTI
Over 95% of CIL’s production comes from its 171 open cast mines.
The supply of coal to the power sector by state-owned Coal In ...
Friday, 29 May 20
AUSTRALIA'S NEW HOPE WARNS OF HIT FROM COAL PRICE SLUMP - REUTERS
Australia’s New Hope Corp Ltd said on Thursday that a sudden drop in thermal coal prices and lower output from its Queensland operations woul ...
Friday, 29 May 20
GOVT MAY LAUNCH COAL BLOCKS AUCTION PROCESS UNDER COMMERCIAL MINING ON JUN 11 - PTI
The Centre is likely to launch the process of coal blocks auction under commercial mining on June 11 and around 50 mines are expected to go under t ...
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- Sree Jayajothi Cements Limited - India
- The Treasury - Australian Government
- Ambuja Cements Ltd - India
- Kartika Selabumi Mining - Indonesia
- Deloitte Consulting - India
- Kalimantan Lumbung Energi - Indonesia
- Barasentosa Lestari - Indonesia
- Bharathi Cement Corporation - India
- San Jose City I Power Corp, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- IHS Mccloskey Coal Group - USA
- Sakthi Sugars Limited - India
- Port Waratah Coal Services - Australia
- Miang Besar Coal Terminal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Leighton Contractors Pty Ltd - Australia
- Coal and Oil Company - UAE
- Electricity Generating Authority of Thailand
- Tamil Nadu electricity Board
- The State Trading Corporation of India Ltd
- Ind-Barath Power Infra Limited - India
- Meralco Power Generation, Philippines
- Latin American Coal - Colombia
- Metalloyd Limited - United Kingdom
- Uttam Galva Steels Limited - India
- Madhucon Powers Ltd - India
- Parry Sugars Refinery, India
- Therma Luzon, Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Economic Council, Georgia
- SMC Global Power, Philippines
- Samtan Co., Ltd - South Korea
- Gujarat Electricity Regulatory Commission - India
- Bukit Makmur.PT - Indonesia
- Anglo American - United Kingdom
- GAC Shipping (India) Pvt Ltd
- Medco Energi Mining Internasional
- Pipit Mutiara Jaya. PT, Indonesia
- Goldman Sachs - Singapore
- Binh Thuan Hamico - Vietnam
- Rio Tinto Coal - Australia
- Sarangani Energy Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Bhatia International Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Indian Oil Corporation Limited
- Parliament of New Zealand
- Riau Bara Harum - Indonesia
- India Bulls Power Limited - India
- International Coal Ventures Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Dalmia Cement Bharat India
- Australian Coal Association
- Neyveli Lignite Corporation Ltd, - India
- Thiess Contractors Indonesia
- Mintek Dendrill Indonesia
- Price Waterhouse Coopers - Russia
- Attock Cement Pakistan Limited
- Independent Power Producers Association of India
- Krishnapatnam Port Company Ltd. - India
- Holcim Trading Pte Ltd - Singapore
- Mercator Lines Limited - India
- Renaissance Capital - South Africa
- Agrawal Coal Company - India
- Vijayanagar Sugar Pvt Ltd - India
- Ministry of Mines - Canada
- Power Finance Corporation Ltd., India
- Sojitz Corporation - Japan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Gujarat Sidhee Cement - India
- Indika Energy - Indonesia
- Xindia Steels Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Orica Australia Pty. Ltd.
- Eastern Energy - Thailand
- Essar Steel Hazira Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Alfred C Toepfer International GmbH - Germany
- Vizag Seaport Private Limited - India
- Semirara Mining and Power Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Orica Mining Services - Indonesia
- Siam City Cement PLC, Thailand
- Wilmar Investment Holdings
- MS Steel International - UAE
- Siam City Cement - Thailand
- Central Electricity Authority - India
- ICICI Bank Limited - India
- Chamber of Mines of South Africa
- New Zealand Coal & Carbon
- Banpu Public Company Limited - Thailand
- Sinarmas Energy and Mining - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Petrochimia International Co. Ltd.- Taiwan
- London Commodity Brokers - England
- Jaiprakash Power Ventures ltd
- Jindal Steel & Power Ltd - India
- Oldendorff Carriers - Singapore
- Petron Corporation, Philippines
- Coalindo Energy - Indonesia
- Minerals Council of Australia
- Jorong Barutama Greston.PT - Indonesia
- Aditya Birla Group - India
- Karaikal Port Pvt Ltd - India
- Mjunction Services Limited - India
- Posco Energy - South Korea
- Marubeni Corporation - India
- CNBM International Corporation - China
- Carbofer General Trading SA - India
- Electricity Authority, New Zealand
- Merrill Lynch Commodities Europe
- Globalindo Alam Lestari - Indonesia
- Standard Chartered Bank - UAE
- GVK Power & Infra Limited - India
- Australian Commodity Traders Exchange
- Sindya Power Generating Company Private Ltd
- Larsen & Toubro Limited - India
- Borneo Indobara - Indonesia
- Formosa Plastics Group - Taiwan
- The University of Queensland
- Indogreen Group - Indonesia
- VISA Power Limited - India
- Baramulti Group, Indonesia
- McConnell Dowell - Australia
- Makarim & Taira - Indonesia
- Eastern Coal Council - USA
- SMG Consultants - Indonesia
- Lanco Infratech Ltd - India
- Global Coal Blending Company Limited - Australia
- Iligan Light & Power Inc, Philippines
- Indonesian Coal Mining Association
- Ministry of Finance - Indonesia
- Energy Link Ltd, New Zealand
- GN Power Mariveles Coal Plant, Philippines
- Sical Logistics Limited - India
- Commonwealth Bank - Australia
- South Luzon Thermal Energy Corporation
- Bhoruka Overseas - Indonesia
- GMR Energy Limited - India
- Central Java Power - Indonesia
- Rashtriya Ispat Nigam Limited - India
- ASAPP Information Group - India
- White Energy Company Limited
- Interocean Group of Companies - India
- Trasteel International SA, Italy
- AsiaOL BioFuels Corp., Philippines
- PNOC Exploration Corporation - Philippines
- Salva Resources Pvt Ltd - India
- Romanian Commodities Exchange
- SN Aboitiz Power Inc, Philippines
- Bhushan Steel Limited - India
- Ceylon Electricity Board - Sri Lanka
- Kumho Petrochemical, South Korea
- Aboitiz Power Corporation - Philippines
- Malabar Cements Ltd - India
- Straits Asia Resources Limited - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Singapore Mercantile Exchange
- Maheswari Brothers Coal Limited - India
- Grasim Industreis Ltd - India
- OPG Power Generation Pvt Ltd - India
- Africa Commodities Group - South Africa
- Manunggal Multi Energi - Indonesia
- Bangladesh Power Developement Board
- Kapuas Tunggal Persada - Indonesia
- Wood Mackenzie - Singapore
- Directorate Of Revenue Intelligence - India
- CIMB Investment Bank - Malaysia
- Altura Mining Limited, Indonesia
- Kaltim Prima Coal - Indonesia
- Pendopo Energi Batubara - Indonesia
- Edison Trading Spa - Italy
- Bulk Trading Sa - Switzerland
- Bukit Baiduri Energy - Indonesia
- Intertek Mineral Services - Indonesia
- Indian Energy Exchange, India
- European Bulk Services B.V. - Netherlands
- Videocon Industries ltd - India
- Cement Manufacturers Association - India
- Vedanta Resources Plc - India
- Georgia Ports Authority, United States
- Kobexindo Tractors - Indoneisa
- Meenaskhi Energy Private Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- IEA Clean Coal Centre - UK
- Mercuria Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Star Paper Mills Limited - India
- Timah Investasi Mineral - Indoneisa
- Chettinad Cement Corporation Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Bayan Resources Tbk. - Indonesia
- Simpson Spence & Young - Indonesia
- Indo Tambangraya Megah - Indonesia
- Global Green Power PLC Corporation, Philippines
- Ministry of Transport, Egypt
- PowerSource Philippines DevCo
- Savvy Resources Ltd - HongKong
- Maharashtra Electricity Regulatory Commission - India
- Energy Development Corp, Philippines
- PTC India Limited - India
- LBH Netherlands Bv - Netherlands
- Global Business Power Corporation, Philippines
- Antam Resourcindo - Indonesia
- Heidelberg Cement - Germany
- Semirara Mining Corp, Philippines
- Thai Mozambique Logistica
- Offshore Bulk Terminal Pte Ltd, Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Toyota Tsusho Corporation, Japan
- Tata Chemicals Ltd - India
- Planning Commission, India
- Bahari Cakrawala Sebuku - Indonesia
- Kohat Cement Company Ltd. - Pakistan
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