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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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Saturday, 25 April 20
KOREA SOUTH-EAST POWER CO. INVITED BIDS FOR 780K - 900K MT OF 5600 NCV COAL FOR JULY TO OCTOBER 2020 LOADING
COALspot.com: South Korea’s KOREA SOUTH-EAST POWER CO., LTD. (KOEN) has issued an international tender for 780,000~900,000 Metric Tons (MT) s ...
Saturday, 25 April 20
SEAFARER MENTAL WELLBEING DURING THE COVID-19 PANDEMIC - STANDARD CLUB
KNOWLEDGE TO ELEVATE
COVID-19 has forced many parts of the world to enforce a lockdown in a bid to flatten the curve in terms of transmissions ...
Friday, 24 April 20
KOMIPO INVITED BIDS FOR 5700 NAR COAL FOR JUNE & JULY LOADING
COALspot.com: South Korea’s Korea Midland Power Co. Ltd. (KOMIPO) Has Issued An International Tender For 260,000 Metric Tons (MT) Steam Coal ...
Friday, 24 April 20
CHINA'S BENCHMARK POWER COAL PRICE REMAINS FLAT - XINHUA
China’s benchmark power coal price remained flat during the past week.
The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge of ...
Friday, 24 April 20
COAL INDIA TO PRODUCE 710 MT COAL - MINISTER OF COAL AND MINES
Coal India Limited (CIL) will produce 710 million tonnes (MT) of coal and company’s coal off take target will also remain at710 MT for this f ...
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- Minerals Council of Australia
- Wood Mackenzie - Singapore
- SN Aboitiz Power Inc, Philippines
- Romanian Commodities Exchange
- Makarim & Taira - Indonesia
- Bharathi Cement Corporation - India
- Australian Commodity Traders Exchange
- GAC Shipping (India) Pvt Ltd
- Bangladesh Power Developement Board
- Salva Resources Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Central Electricity Authority - India
- Indonesian Coal Mining Association
- Formosa Plastics Group - Taiwan
- Price Waterhouse Coopers - Russia
- Straits Asia Resources Limited - Singapore
- Globalindo Alam Lestari - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Intertek Mineral Services - Indonesia
- European Bulk Services B.V. - Netherlands
- Sarangani Energy Corporation, Philippines
- Dalmia Cement Bharat India
- Jaiprakash Power Ventures ltd
- Thai Mozambique Logistica
- Antam Resourcindo - Indonesia
- Simpson Spence & Young - Indonesia
- Kartika Selabumi Mining - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Meralco Power Generation, Philippines
- Therma Luzon, Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GVK Power & Infra Limited - India
- Indika Energy - Indonesia
- Savvy Resources Ltd - HongKong
- Latin American Coal - Colombia
- Carbofer General Trading SA - India
- SMG Consultants - Indonesia
- Orica Mining Services - Indonesia
- Independent Power Producers Association of India
- Petron Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Banpu Public Company Limited - Thailand
- Gujarat Electricity Regulatory Commission - India
- Essar Steel Hazira Ltd - India
- Kaltim Prima Coal - Indonesia
- Planning Commission, India
- Rio Tinto Coal - Australia
- Kepco SPC Power Corporation, Philippines
- Baramulti Group, Indonesia
- Ceylon Electricity Board - Sri Lanka
- PTC India Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Tamil Nadu electricity Board
- GN Power Mariveles Coal Plant, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Malabar Cements Ltd - India
- Commonwealth Bank - Australia
- Leighton Contractors Pty Ltd - Australia
- Tata Chemicals Ltd - India
- Directorate Of Revenue Intelligence - India
- VISA Power Limited - India
- The State Trading Corporation of India Ltd
- PowerSource Philippines DevCo
- Meenaskhi Energy Private Limited - India
- Uttam Galva Steels Limited - India
- Bayan Resources Tbk. - Indonesia
- Edison Trading Spa - Italy
- Ambuja Cements Ltd - India
- Videocon Industries ltd - India
- Heidelberg Cement - Germany
- CNBM International Corporation - China
- Timah Investasi Mineral - Indoneisa
- Coastal Gujarat Power Limited - India
- Port Waratah Coal Services - Australia
- Electricity Generating Authority of Thailand
- Kideco Jaya Agung - Indonesia
- Kumho Petrochemical, South Korea
- Sakthi Sugars Limited - India
- Posco Energy - South Korea
- Deloitte Consulting - India
- Jindal Steel & Power Ltd - India
- Power Finance Corporation Ltd., India
- Asmin Koalindo Tuhup - Indonesia
- Merrill Lynch Commodities Europe
- Ind-Barath Power Infra Limited - India
- Barasentosa Lestari - Indonesia
- India Bulls Power Limited - India
- Ministry of Finance - Indonesia
- Oldendorff Carriers - Singapore
- Cement Manufacturers Association - India
- Altura Mining Limited, Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Star Paper Mills Limited - India
- New Zealand Coal & Carbon
- Cigading International Bulk Terminal - Indonesia
- London Commodity Brokers - England
- South Luzon Thermal Energy Corporation
- Global Business Power Corporation, Philippines
- IEA Clean Coal Centre - UK
- Miang Besar Coal Terminal - Indonesia
- Attock Cement Pakistan Limited
- Goldman Sachs - Singapore
- CIMB Investment Bank - Malaysia
- ASAPP Information Group - India
- Kobexindo Tractors - Indoneisa
- Vizag Seaport Private Limited - India
- Georgia Ports Authority, United States
- Gujarat Sidhee Cement - India
- Vedanta Resources Plc - India
- Metalloyd Limited - United Kingdom
- Vijayanagar Sugar Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Electricity Authority, New Zealand
- Parry Sugars Refinery, India
- Lanco Infratech Ltd - India
- Mercuria Energy - Indonesia
- Chamber of Mines of South Africa
- Energy Development Corp, Philippines
- Ministry of Mines - Canada
- Orica Australia Pty. Ltd.
- Neyveli Lignite Corporation Ltd, - India
- IHS Mccloskey Coal Group - USA
- Sojitz Corporation - Japan
- Trasteel International SA, Italy
- The Treasury - Australian Government
- Karaikal Port Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Jorong Barutama Greston.PT - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Renaissance Capital - South Africa
- Billiton Holdings Pty Ltd - Australia
- Indian Energy Exchange, India
- Bulk Trading Sa - Switzerland
- Mjunction Services Limited - India
- Riau Bara Harum - Indonesia
- Grasim Industreis Ltd - India
- Manunggal Multi Energi - Indonesia
- Singapore Mercantile Exchange
- Samtan Co., Ltd - South Korea
- GMR Energy Limited - India
- Anglo American - United Kingdom
- Sinarmas Energy and Mining - Indonesia
- Medco Energi Mining Internasional
- Pendopo Energi Batubara - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Thiess Contractors Indonesia
- Siam City Cement - Thailand
- Gujarat Mineral Development Corp Ltd - India
- Agrawal Coal Company - India
- Eastern Energy - Thailand
- AsiaOL BioFuels Corp., Philippines
- Mercator Lines Limited - India
- Indian Oil Corporation Limited
- Wilmar Investment Holdings
- McConnell Dowell - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Aboitiz Power Corporation - Philippines
- Global Green Power PLC Corporation, Philippines
- Economic Council, Georgia
- Global Coal Blending Company Limited - Australia
- Aditya Birla Group - India
- The University of Queensland
- Bhoruka Overseas - Indonesia
- Iligan Light & Power Inc, Philippines
- Semirara Mining Corp, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Karbindo Abesyapradhi - Indoneisa
- TNB Fuel Sdn Bhd - Malaysia
- Alfred C Toepfer International GmbH - Germany
- Indo Tambangraya Megah - Indonesia
- Bhushan Steel Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Interocean Group of Companies - India
- Sical Logistics Limited - India
- Mintek Dendrill Indonesia
- MS Steel International - UAE
- Marubeni Corporation - India
- SMC Global Power, Philippines
- Holcim Trading Pte Ltd - Singapore
- Ministry of Transport, Egypt
- Borneo Indobara - Indonesia
- Madhucon Powers Ltd - India
- Coal and Oil Company - UAE
- Bahari Cakrawala Sebuku - Indonesia
- Xindia Steels Limited - India
- Chettinad Cement Corporation Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Siam City Cement PLC, Thailand
- Indogreen Group - Indonesia
- White Energy Company Limited
- PNOC Exploration Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- ICICI Bank Limited - India
- Larsen & Toubro Limited - India
- Bukit Baiduri Energy - Indonesia
- Central Java Power - Indonesia
- Coalindo Energy - Indonesia
- Australian Coal Association
- Parliament of New Zealand
- OPG Power Generation Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- San Jose City I Power Corp, Philippines
- Maheswari Brothers Coal Limited - India
- Sindya Power Generating Company Private Ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Africa Commodities Group - South Africa
- Bhatia International Limited - India
- Sree Jayajothi Cements Limited - India
- Bukit Makmur.PT - Indonesia
- Binh Thuan Hamico - Vietnam
- Eastern Coal Council - USA
- Standard Chartered Bank - UAE
- LBH Netherlands Bv - Netherlands
- Krishnapatnam Port Company Ltd. - India
- Pipit Mutiara Jaya. PT, Indonesia
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