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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, 07 May 20
UKRAINE PRODUCES 2.5 MLN TONNES OF COAL IN APRIL - UKRINFORM
Ukraine produced 2.5 million tonnes of coal in April 2020, which is 39% less than planned, according to the Coal Miners Union of Ukraine.
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Thursday, 07 May 20
INDIA: GOVT TO DO AWAY WITH MANDATORY WASHING OF COAL FOR THERMAL POWER UNITS - BUSINESS STANDARD
The Centre is planning to do away with the mandatory requirement of washing of coal before it is transported to thermal power stations. The Ministr ...
Thursday, 07 May 20
CIL'S SUPPLY TO POWER SECTOR FALLS IN MARCH AMID SLUMP IN COAL DEMAND - PTI
The supply of coal to the power sector by state-owned CIL registered a decline of eight per cent to 42.30 million tonne in March in the wake of slu ...
Thursday, 07 May 20
COAL PRICE REFERENCE FALL SHARPLY IN MAY 2020 DUE TO CORONAVIRUS OUTBREAK
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised down the benchmark price of Indonesian thermal ...
Wednesday, 06 May 20
KOSPO INVITED COAL BIDS FOR LOW CALORIFIC VALUE COAL
COALspot.com: Korea Southern Power Co., Ltd. (KOSPO) has issued an International tender for 160,000 Metric Tons (MT) Low Calorific Value Coal for J ...
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- Sarangani Energy Corporation, Philippines
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- Maheswari Brothers Coal Limited - India
- Economic Council, Georgia
- Offshore Bulk Terminal Pte Ltd, Singapore
- San Jose City I Power Corp, Philippines
- McConnell Dowell - Australia
- SN Aboitiz Power Inc, Philippines
- Simpson Spence & Young - Indonesia
- GVK Power & Infra Limited - India
- AsiaOL BioFuels Corp., Philippines
- Maharashtra Electricity Regulatory Commission - India
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- Heidelberg Cement - Germany
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- Parliament of New Zealand
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- Thiess Contractors Indonesia
- Global Business Power Corporation, Philippines
- The State Trading Corporation of India Ltd
- Kumho Petrochemical, South Korea
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- Ministry of Mines - Canada
- Wilmar Investment Holdings
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- Indogreen Group - Indonesia
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- Cigading International Bulk Terminal - Indonesia
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Ceylon Electricity Board - Sri Lanka
- Toyota Tsusho Corporation, Japan
- Holcim Trading Pte Ltd - Singapore
- Chamber of Mines of South Africa
- Coal and Oil Company - UAE
- Interocean Group of Companies - India
- Timah Investasi Mineral - Indoneisa
- Mjunction Services Limited - India
- Mintek Dendrill Indonesia
- Antam Resourcindo - Indonesia
- Borneo Indobara - Indonesia
- Ministry of Transport, Egypt
- Price Waterhouse Coopers - Russia
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- Kohat Cement Company Ltd. - Pakistan
- Petrochimia International Co. Ltd.- Taiwan
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- Tamil Nadu electricity Board
- SMG Consultants - Indonesia
- Bulk Trading Sa - Switzerland
- Gujarat Mineral Development Corp Ltd - India
- Merrill Lynch Commodities Europe
- Indian Energy Exchange, India
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- Gujarat Electricity Regulatory Commission - India
- Bukit Asam (Persero) Tbk - Indonesia
- Sojitz Corporation - Japan
- Intertek Mineral Services - Indonesia
- Goldman Sachs - Singapore
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- Planning Commission, India
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- Australian Commodity Traders Exchange
- PetroVietnam Power Coal Import and Supply Company
- Billiton Holdings Pty Ltd - Australia
- Alfred C Toepfer International GmbH - Germany
- Xindia Steels Limited - India
- Medco Energi Mining Internasional
- Karbindo Abesyapradhi - Indoneisa
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- Dalmia Cement Bharat India
- Rio Tinto Coal - Australia
- ICICI Bank Limited - India
- Bhushan Steel Limited - India
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- Directorate Of Revenue Intelligence - India
- Minerals Council of Australia
- GAC Shipping (India) Pvt Ltd
- TeaM Sual Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- Eastern Energy - Thailand
- CNBM International Corporation - China
- Gujarat Sidhee Cement - India
- Energy Link Ltd, New Zealand
- OPG Power Generation Pvt Ltd - India
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- Larsen & Toubro Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Binh Thuan Hamico - Vietnam
- Indian Oil Corporation Limited
- Metalloyd Limited - United Kingdom
- The Treasury - Australian Government
- Independent Power Producers Association of India
- Pipit Mutiara Jaya. PT, Indonesia
- Karaikal Port Pvt Ltd - India
- Eastern Coal Council - USA
- Star Paper Mills Limited - India
- New Zealand Coal & Carbon
- Indika Energy - Indonesia
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- Barasentosa Lestari - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Georgia Ports Authority, United States
- Samtan Co., Ltd - South Korea
- Global Green Power PLC Corporation, Philippines
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- Power Finance Corporation Ltd., India
- Asmin Koalindo Tuhup - Indonesia
- Mercuria Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- Siam City Cement - Thailand
- Attock Cement Pakistan Limited
- MS Steel International - UAE
- Vizag Seaport Private Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Parry Sugars Refinery, India
- Romanian Commodities Exchange
- Grasim Industreis Ltd - India
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- Formosa Plastics Group - Taiwan
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- Africa Commodities Group - South Africa
- Banpu Public Company Limited - Thailand
- Bangladesh Power Developement Board
- Deloitte Consulting - India
- PNOC Exploration Corporation - Philippines
- The University of Queensland
- Kepco SPC Power Corporation, Philippines
- Trasteel International SA, Italy
- Miang Besar Coal Terminal - Indonesia
- Posco Energy - South Korea
- Electricity Generating Authority of Thailand
- Orica Australia Pty. Ltd.
- Jaiprakash Power Ventures ltd
- European Bulk Services B.V. - Netherlands
- Central Electricity Authority - India
- IEA Clean Coal Centre - UK
- Altura Mining Limited, Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Jindal Steel & Power Ltd - India
- Siam City Cement PLC, Thailand
- Salva Resources Pvt Ltd - India
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- Krishnapatnam Port Company Ltd. - India
- ASAPP Information Group - India
- Central Java Power - Indonesia
- PTC India Limited - India
- Bhoruka Overseas - Indonesia
- SMC Global Power, Philippines
- Pendopo Energi Batubara - Indonesia
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- Malabar Cements Ltd - India
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- PowerSource Philippines DevCo
- Ambuja Cements Ltd - India
- Aditya Birla Group - India
- Semirara Mining and Power Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Wood Mackenzie - Singapore
- Kideco Jaya Agung - Indonesia
- CIMB Investment Bank - Malaysia
- Manunggal Multi Energi - Indonesia
- Electricity Authority, New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- Bhatia International Limited - India
- Kaltim Prima Coal - Indonesia
- Iligan Light & Power Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Ministry of Finance - Indonesia
- Energy Development Corp, Philippines
- Port Waratah Coal Services - Australia
- GMR Energy Limited - India
- Rashtriya Ispat Nigam Limited - India
- Edison Trading Spa - Italy
- Savvy Resources Ltd - HongKong
- Petron Corporation, Philippines
- South Luzon Thermal Energy Corporation
- VISA Power Limited - India
- Madhucon Powers Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Standard Chartered Bank - UAE
- London Commodity Brokers - England
- India Bulls Power Limited - India
- IHS Mccloskey Coal Group - USA
- Cement Manufacturers Association - India
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- Vijayanagar Sugar Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Makarim & Taira - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coalindo Energy - Indonesia
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- Uttam Galva Steels Limited - India
- Singapore Mercantile Exchange
- White Energy Company Limited
- Mercator Lines Limited - India
- Agrawal Coal Company - India
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