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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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Thursday, 21 May 20
KOMIPO INVITED BIDS FOR TOTAL 610000 MT OF LCV AND HCV COAL FOR 2H 2020
COALspot.com: South Korea’s Korea Midland Power Co. Ltd. (KOMIPO) has Issued an International Tender for 130,000 mt of 5700 NCV coal an ...
Wednesday, 20 May 20
ADARO ENERGY BOOKED A 5% INCREASE IN COAL PRODUCTION VOLUME Y-O-Y IN 1Q2020
PT. Adaro Energy Tbk, Indonesia’s one of the largest coal miner, booked a 5% increase in coal production volume year-over-year in 1Q2020. The ...
Wednesday, 20 May 20
BRAZIL SOYBEAN EXPORTS HAVE BEEN SURGING THIS YEAR - BANCHERO COSTA
Brazil soybean exports have been surging this year, thanks to a combination of strong demand from China, a bumper crop, and favourable exchange rat ...
Wednesday, 20 May 20
MARKET INSIGHT
Seafarers keep maritime trade going so that the food, raw materials, energy and manufactured goods on which so many depend can continue moving arou ...
Tuesday, 19 May 20
AMENDMENT OF THE INDONESIAN MINING LAW: TYING UP LOOSE ENDS - UMBRA
KNOWLEDGE TO ELEVATE
The finalized draft of Law on the amendment of the Mining Law (Bill) was publicly released on 11 May 2020 and was then ap ...
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- White Energy Company Limited
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Baramulti Group, Indonesia
- Xindia Steels Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Directorate General of MIneral and Coal - Indonesia
- Indian Energy Exchange, India
- Ministry of Transport, Egypt
- IHS Mccloskey Coal Group - USA
- Sindya Power Generating Company Private Ltd
- Eastern Energy - Thailand
- Karbindo Abesyapradhi - Indoneisa
- Romanian Commodities Exchange
- Power Finance Corporation Ltd., India
- Bhushan Steel Limited - India
- Australian Coal Association
- MS Steel International - UAE
- TeaM Sual Corporation - Philippines
- Coastal Gujarat Power Limited - India
- Coal and Oil Company - UAE
- Billiton Holdings Pty Ltd - Australia
- Larsen & Toubro Limited - India
- Lanco Infratech Ltd - India
- Globalindo Alam Lestari - Indonesia
- McConnell Dowell - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Economic Council, Georgia
- Medco Energi Mining Internasional
- Bulk Trading Sa - Switzerland
- Siam City Cement PLC, Thailand
- Bayan Resources Tbk. - Indonesia
- Barasentosa Lestari - Indonesia
- Gujarat Sidhee Cement - India
- ICICI Bank Limited - India
- Parry Sugars Refinery, India
- Jaiprakash Power Ventures ltd
- Planning Commission, India
- Karaikal Port Pvt Ltd - India
- Georgia Ports Authority, United States
- Wilmar Investment Holdings
- Miang Besar Coal Terminal - Indonesia
- Electricity Generating Authority of Thailand
- Metalloyd Limited - United Kingdom
- Sical Logistics Limited - India
- The Treasury - Australian Government
- LBH Netherlands Bv - Netherlands
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Tamil Nadu electricity Board
- Gujarat Electricity Regulatory Commission - India
- Energy Link Ltd, New Zealand
- Vedanta Resources Plc - India
- Renaissance Capital - South Africa
- Eastern Coal Council - USA
- Pipit Mutiara Jaya. PT, Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Commonwealth Bank - Australia
- Rashtriya Ispat Nigam Limited - India
- Intertek Mineral Services - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Port Waratah Coal Services - Australia
- Trasteel International SA, Italy
- Mercuria Energy - Indonesia
- Antam Resourcindo - Indonesia
- Ministry of Finance - Indonesia
- Ambuja Cements Ltd - India
- International Coal Ventures Pvt Ltd - India
- Marubeni Corporation - India
- Kalimantan Lumbung Energi - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Straits Asia Resources Limited - Singapore
- Bukit Makmur.PT - Indonesia
- OPG Power Generation Pvt Ltd - India
- Indika Energy - Indonesia
- Cement Manufacturers Association - India
- Timah Investasi Mineral - Indoneisa
- Sinarmas Energy and Mining - Indonesia
- Salva Resources Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Coalindo Energy - Indonesia
- Agrawal Coal Company - India
- SMG Consultants - Indonesia
- GMR Energy Limited - India
- Thai Mozambique Logistica
- Simpson Spence & Young - Indonesia
- Heidelberg Cement - Germany
- The State Trading Corporation of India Ltd
- Kumho Petrochemical, South Korea
- San Jose City I Power Corp, Philippines
- Bangladesh Power Developement Board
- GN Power Mariveles Coal Plant, Philippines
- India Bulls Power Limited - India
- Anglo American - United Kingdom
- Meenaskhi Energy Private Limited - India
- Manunggal Multi Energi - Indonesia
- CNBM International Corporation - China
- Central Java Power - Indonesia
- VISA Power Limited - India
- Interocean Group of Companies - India
- Aboitiz Power Corporation - Philippines
- Ministry of Mines - Canada
- Semirara Mining Corp, Philippines
- Price Waterhouse Coopers - Russia
- Bahari Cakrawala Sebuku - Indonesia
- Mjunction Services Limited - India
- South Luzon Thermal Energy Corporation
- Posco Energy - South Korea
- Parliament of New Zealand
- PetroVietnam Power Coal Import and Supply Company
- London Commodity Brokers - England
- Siam City Cement - Thailand
- Banpu Public Company Limited - Thailand
- PTC India Limited - India
- Samtan Co., Ltd - South Korea
- Essar Steel Hazira Ltd - India
- Iligan Light & Power Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Alfred C Toepfer International GmbH - Germany
- GAC Shipping (India) Pvt Ltd
- Global Business Power Corporation, Philippines
- Edison Trading Spa - Italy
- Standard Chartered Bank - UAE
- Bukit Asam (Persero) Tbk - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Orica Australia Pty. Ltd.
- SN Aboitiz Power Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Chamber of Mines of South Africa
- Indian Oil Corporation Limited
- Merrill Lynch Commodities Europe
- Star Paper Mills Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Asmin Koalindo Tuhup - Indonesia
- Energy Development Corp, Philippines
- Sarangani Energy Corporation, Philippines
- The University of Queensland
- Meralco Power Generation, Philippines
- Petron Corporation, Philippines
- Aditya Birla Group - India
- Krishnapatnam Port Company Ltd. - India
- Electricity Authority, New Zealand
- Singapore Mercantile Exchange
- Holcim Trading Pte Ltd - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Malabar Cements Ltd - India
- Oldendorff Carriers - Singapore
- Thiess Contractors Indonesia
- Bhatia International Limited - India
- Latin American Coal - Colombia
- Carbofer General Trading SA - India
- European Bulk Services B.V. - Netherlands
- Riau Bara Harum - Indonesia
- Madhucon Powers Ltd - India
- Indonesian Coal Mining Association
- Binh Thuan Hamico - Vietnam
- Central Electricity Authority - India
- Goldman Sachs - Singapore
- Sojitz Corporation - Japan
- Maheswari Brothers Coal Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- ASAPP Information Group - India
- Tata Chemicals Ltd - India
- Attock Cement Pakistan Limited
- Uttam Galva Steels Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Toyota Tsusho Corporation, Japan
- Makarim & Taira - Indonesia
- Vizag Seaport Private Limited - India
- PowerSource Philippines DevCo
- Mintek Dendrill Indonesia
- Indo Tambangraya Megah - Indonesia
- Kepco SPC Power Corporation, Philippines
- Wood Mackenzie - Singapore
- CIMB Investment Bank - Malaysia
- Therma Luzon, Inc, Philippines
- Videocon Industries ltd - India
- Directorate Of Revenue Intelligence - India
- Kartika Selabumi Mining - Indonesia
- Bhoruka Overseas - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- GVK Power & Infra Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Independent Power Producers Association of India
- Pendopo Energi Batubara - Indonesia
- Kideco Jaya Agung - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Africa Commodities Group - South Africa
- Jindal Steel & Power Ltd - India
- Chettinad Cement Corporation Ltd - India
- SMC Global Power, Philippines
- Cigading International Bulk Terminal - Indonesia
- Bharathi Cement Corporation - India
- Formosa Plastics Group - Taiwan
- Kaltim Prima Coal - Indonesia
- Ind-Barath Power Infra Limited - India
- Rio Tinto Coal - Australia
- Indogreen Group - Indonesia
- Mercator Lines Limited - India
- Savvy Resources Ltd - HongKong
- Global Coal Blending Company Limited - Australia
- Global Green Power PLC Corporation, Philippines
- New Zealand Coal & Carbon
- IEA Clean Coal Centre - UK
- Australian Commodity Traders Exchange
- Borneo Indobara - Indonesia
- Dalmia Cement Bharat India
- Bukit Baiduri Energy - Indonesia
- Orica Mining Services - Indonesia
- Grasim Industreis Ltd - India
- PNOC Exploration Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- Sree Jayajothi Cements Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sakthi Sugars Limited - India
- Minerals Council of Australia
- Deloitte Consulting - India
- Altura Mining Limited, Indonesia
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