COALspot.com keeps you connected across the coal world
  • AUGUST 2020 INDONESIAN COAL PRICE REFERENCE FOR EXPORTS AND DOMESTIC BUYERS INCLUDING POWER PRODUCERS FIXED AT US$ 50.34 A TON

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


WTI Crude Oil

BRENT Crude Oil

Search News
Latest CoalNews Headlines
Thursday, 18 June 20
INDIA: GOVT'S PLAN TO CUT COAL IMPORT GOES FOR A TOSS AS FY20 BREAKS LOGISTICS CHAIN; LOCAL OUTPUT STAGNANT - FINANCIAL EXPRESS
Weak logistics support and disrupted supply chain towards the end of the last financial year 2019-20 hit the government’s plan to cut coal imports and boost domestic production. Despite having the world’s fourth-largest coal reserves in the country, India imported about one-fourth of its domestic coal requirements in the last fiscal, mainly due to shortfall in coal production and logistical constraints in evacuation infrastructure, said a report by Care Ratings. While coal production in India remained flat – rising marginally by 0.1 per cent in FY20, imports surged 3.3 per cent. Although Coal India has been mandated by the government to replace at least 100 million tonnes of substitutable imports with domestically-produced coal in the ongoing fiscal, the effect of the nationwide lockdown may keep India relying on imports in the current fiscal too.
 
Coal production remains gloomy in FY21 so far
 
Mining was classified as an essential industry and was allowed to operate through the lockdown
 
period; but despite being operational, the domestic coal output shrank 14.8 per cent in two months of April and May 2020 as steel and power demand fell up to 65 per cent, and labour force left for their hometown in the wake of the pandemic. Even after the lockdown measures were gradually eased in May, the demand for coal did not see any significant pickup. Many manufacturing companies were unable to restart operations due to shortage of labour and liquidity, and power plants were not very keen to lift coal due to muted demand and high inventories, causing the coal production to shrink, the report added.
 
High inventories, low demand put brakes on coal offtake
 
Inventories of coal at thermal power plants have sharply risen in the last three months and power utilities are now refraining from purchasing more coal. To avoid the risk of coal catching fire and pilferage due to high inventories at pit-heads, coal miners are likely to cut their production till the record stockpiles are brought down to mandated levels, Care Ratings said.
 
Meanwhile, the Narendra Modi-led government has recently allowed commercial mining of coal, putting an end to decades-long government’s monopoly on coal production. Commercial mining is aimed to introduce competition, transparency, and private sector participation through a revenue-sharing mechanism in the coal sector. Opening up of coal mining for the private sector is expected to boost domestic production in the medium-term although it will take some time for the country to reduce over-dependence on CIL for its coal requirements, the report added.
Source: Financial Express


If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Tuesday, 04 August 20
KOEN INVITED BIDS FOR TOTAL 900K MT OF MIN 5600 NCV COAL FOR 3 YEARS
COALspot.com: South Korea’s KOREA SOUTH-EAST POWER CO., LTD. (KOEN) has issued an international tender for 260,000 to 300,000 Tons (MT) min. ...


Tuesday, 04 August 20
THE WORLD’S FLEET OF COAL-FIRED POWER STATIONS HAS GOT SMALLER FOR THE FIRST TIME ON RECORD, WITH MORE CAPACITY RETIRED IN THE FIRST HALF OF 2020 THAN THE AMOUNT OPENED - IEA
This is according to the latest Global Coal Plant Tracker (GCPT) results by Global Energy Monitor (GEM), which we completed last month and report f ...


Monday, 03 August 20
U.S. COAL CONSUMPTION, WHICH HAS DECLINED SINCE ITS 2007 PEAK, FELL TO ITS LOWEST POINT IN APRIL 2020 - EIA
According to the U.S. Energy Information Administration’s (EIA) most recent Monthly Energy Review, the United States consumed 6.5 quadrillion ...


Monday, 03 August 20
LOW OIL PRICE AND CORONA VIRUS HIT SUB-SAHARAN AFRICA OIL PRODUCERS - FITCH RATINGS
The collapse in oil prices and the coronavirus shock is worsening the fiscal and external balances of sub-Saharan African oil producers, Fitch Rati ...


Saturday, 01 August 20
SHIP SHAPE - OUCH: FIS
Thursday afternoon saw a report that US GDP in Q2 shrank by 32.9%. Now this may have beaten expectations, but it’s a bit like saying that you ...


   2 3 4 5 6   
Showing 16 to 20 news of total 6038
News by Category
Popular News
 
Total Members : 27,028
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Xstrata Coal
  • World Bank
  • GNFC Limited - India
  • RBS Sempra - UK
  • Bulk Trading Sa - Switzerland
  • Orica Mining Services - Indonesia
  • Merrill Lynch Commodities Europe
  • Directorate Of Revenue Intelligence - India
  • Simpson Spence & Young - Indonesia
  • Surastha Cement
  • Maharashtra Electricity Regulatory Commission - India
  • Parry Sugars Refinery, India
  • Geoservices-GeoAssay Lab
  • Bhatia International Limited - India
  • KPMG - USA
  • Rio Tinto Coal - Australia
  • Lanco Infratech Ltd - India
  • Formosa Plastics Group - Taiwan
  • The India Cements Ltd
  • Sinarmas Energy and Mining - Indonesia
  • Parliament of New Zealand
  • TNPL - India
  • SN Aboitiz Power Inc, Philippines
  • Manunggal Multi Energi - Indonesia
  • Sojitz Corporation - Japan
  • SMC Global Power, Philippines
  • White Energy Company Limited
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Thailand Anthracite
  • India Bulls Power Limited - India
  • Vitol - Bahrain
  • Platts
  • Idemitsu - Japan
  • Coalindo Energy - Indonesia
  • Riau Bara Harum - Indonesia
  • Independent Power Producers Association of India
  • Cigading International Bulk Terminal - Indonesia
  • Standard Chartered Bank - UAE
  • Heidelberg Cement - Germany
  • Coal India Limited
  • Banpu Public Company Limited - Thailand
  • Thermax Limited - India
  • Petrochimia International Co. Ltd.- Taiwan
  • ETA - Dubai
  • PNOC Exploration Corporation - Philippines
  • Bahari Cakrawala Sebuku - Indonesia
  • JPMorgan - India
  • bp singapore
  • SGS (Thailand) Limited
  • Karaikal Port Pvt Ltd - India
  • Platou - Singapore
  • Cement Manufacturers Association - India
  • Petron Corporation, Philippines
  • Anglo American - United Kingdom
  • GN Power Mariveles Coal Plant, Philippines
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Central Electricity Authority - India
  • Pipit Mutiara Jaya. PT, Indonesia
  • Asia Cement - Taiwan
  • Cargill India Pvt Ltd
  • Sakthi Sugars Limited - India
  • Malco - India
  • PetroVietnam Power Coal Import and Supply Company
  • CESC Limited - India
  • Maheswari Brothers Coal Limited - India
  • Port Waratah Coal Services - Australia
  • Gujarat Mineral Development Corp Ltd - India
  • DBS Bank - Singapore
  • Barasentosa Lestari - Indonesia
  • Iligan Light & Power Inc, Philippines
  • Energy Development Corp, Philippines
  • Sical Logistics Limited - India
  • Indonesian Coal Mining Association
  • Tanito Harum - Indonesia
  • Oldendorff Carriers - Singapore
  • Clarksons - UK
  • Straits Asia Resources Limited - Singapore
  • London Commodity Brokers - England
  • TANGEDCO India
  • KEPCO - South Korea
  • Cosco
  • Sucofindo - Indonesia
  • Ince & co LLP
  • Argus Media - Singapore
  • GAC Shipping (India) Pvt Ltd
  • Ambuja Cements Ltd - India
  • Britmindo - Indonesia
  • ACC Limited - India
  • Indo Tambangraya Megah - Indonesia
  • Mercator Lines Limited - India
  • Coeclerici Indonesia
  • KPCL - India
  • VISA Power Limited - India
  • Jaiprakash Power Ventures ltd
  • Asmin Koalindo Tuhup - Indonesia
  • Gujarat Sidhee Cement - India
  • Ernst & Young Pvt. Ltd.
  • Rashtriya Ispat Nigam Limited - India
  • Marubeni Corporation - India
  • Mintek Dendrill Indonesia
  • Indian School of Mines
  • Star Paper Mills Limited - India
  • Sree Jayajothi Cements Limited - India
  • Kobexindo Tractors - Indoneisa
  • Bangladesh Power Developement Board
  • Tata Power - India
  • Samtan Co., Ltd - South Korea
  • Arutmin Indonesia
  • Minerals Council of Australia
  • Miang Besar Coal Terminal - Indonesia
  • Coaltrans Conferences
  • Globalindo Alam Lestari - Indonesia
  • Krishnapatnam Port Company Ltd. - India
  • Eastern Energy - Thailand
  • TRAFIGURA, South Korea
  • NALCO India
  • Larsen & Toubro Limited - India
  • Ind-Barath Power Infra Limited - India
  • Altura Mining Limited, Indonesia
  • Economic Council, Georgia
  • Kapuas Tunggal Persada - Indonesia
  • Enel Italy
  • Moodys - Singapore
  • Noble Europe Ltd - UK
  • Ministry of Transport, Egypt
  • Indogreen Group - Indonesia
  • Samsung - South Korea
  • Bukit Baiduri Energy - Indonesia
  • Dalmia Cement Bharat India
  • Asian Development Bank
  • Borneo Indobara - Indonesia
  • Permata Bank - Indonesia
  • Petrosea - Indonesia
  • GMR Energy Limited - India
  • Cemex - Philippines
  • Pendopo Energi Batubara - Indonesia
  • Savvy Resources Ltd - HongKong
  • Kepco SPC Power Corporation, Philippines
  • SASOL - South Africa
  • Shree Cement - India
  • SMG Consultants - Indonesia
  • Tamil Nadu electricity Board
  • GVK Power & Infra Limited - India
  • Alfred C Toepfer International GmbH - Germany
  • Wood Mackenzie - Singapore
  • CNBM International Corporation - China
  • MS Steel International - UAE
  • Inspectorate - India
  • Jatenergy - Australia
  • globalCOAL - UK
  • Thomson Reuters GRC
  • IOL Indonesia
  • Mitsubishi Corporation
  • Runge Indonesia
  • San Jose City I Power Corp, Philippines
  • KOWEPO - South Korea
  • Tata Chemicals Ltd - India
  • IMC Shipping - Singapore
  • Attock Cement Pakistan Limited
  • Leighton Contractors Pty Ltd - Australia
  • PLN - Indonesia
  • Freeport Indonesia
  • Deutsche Bank - India
  • Coal and Oil Company - UAE
  • OCBC - Singapore
  • Central Java Power - Indonesia
  • Aditya Birla Group - India
  • Latin American Coal - Colombia
  • Indonesia Power. PT
  • PTC India Limited - India
  • Billiton Holdings Pty Ltd - Australia
  • HSBC - Hong Kong
  • Indorama - Singapore
  • European Bulk Services B.V. - Netherlands
  • Australian Commodity Traders Exchange
  • ICICI Bank Limited - India
  • JPower - Japan
  • Cardiff University - UK
  • Fearnleys - India
  • TNB Fuel Sdn Bhd - Malaysia
  • Japan Coal Energy Center
  • ANZ Bank - Australia
  • Infraline Energy - India
  • South Luzon Thermal Energy Corporation
  • CoalTek, United States
  • Baramulti Group, Indonesia
  • Thai Mozambique Logistica
  • Indika Energy - Indonesia
  • Chettinad Cement Corporation Ltd - India
  • Global Green Power PLC Corporation, Philippines
  • Mitsui
  • Madhucon Powers Ltd - India
  • Credit Suisse - India
  • Bhoruka Overseas - Indonesia
  • Salva Resources Pvt Ltd - India
  • Holcim Trading Pte Ltd - Singapore
  • Coastal Gujarat Power Limited - India
  • Indian Oil Corporation Limited
  • Xindia Steels Limited - India
  • The University of Queensland
  • Thiess Contractors Indonesia
  • Thriveni
  • Metalloyd Limited - United Kingdom
  • Mercuria Energy - Indonesia
  • PetroVietnam
  • J M Baxi & Co - India
  • U S Energy Resources
  • Kaltim Prima Coal - Indonesia
  • Bank of China, Malaysia
  • SUEK AG - Indonesia
  • MEC Coal - Indonesia
  • Sarangani Energy Corporation, Philippines
  • UBS Singapore
  • Karbindo Abesyapradhi - Indoneisa
  • Antam Resourcindo - Indonesia
  • Africa Commodities Group - South Africa
  • Semirara Mining and Power Corporation, Philippines
  • SRK Consulting
  • Lafarge - France
  • Medco Energi Mining Internasional
  • Price Waterhouse Coopers - Russia
  • Kobe Steel Ltd - Japan
  • Global Coal Blending Company Limited - Australia
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Jorong Barutama Greston.PT - Indonesia
  • McKinsey & Co - India
  • Malabar Cements Ltd - India
  • Vijayanagar Sugar Pvt Ltd - India
  • Global Business Power Corporation, Philippines
  • Agrawal Coal Company - India
  • Kartika Selabumi Mining - Indonesia
  • Mechel - Russia
  • Makarim & Taira - Indonesia
  • The Treasury - Australian Government
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Panama Canal Authority
  • Bangkok Bank PCL
  • Maybank - Singapore
  • EIA - United States
  • Pinang Coal Indonesia
  • Bukit Asam (Persero) Tbk - Indonesia
  • Binh Thuan Hamico - Vietnam
  • Romanian Commodities Exchange
  • Vale Mozambique
  • Reliance Power - India
  • The State Trading Corporation of India Ltd
  • Bhushan Steel Limited - India
  • Barclays Capital - USA
  • Aboitiz Power Corporation - Philippines
  • Bayan Resources Tbk. - Indonesia
  • Meenaskhi Energy Private Limited - India
  • BNP Paribas - Singapore
  • Kohat Cement Company Ltd. - Pakistan
  • Ministry of Mines - Canada
  • International Coal Ventures Pvt Ltd - India
  • Siam City Cement - Thailand
  • OPG Power Generation Pvt Ltd - India
  • Planning Commission, India
  • Australian Coal Association
  • Interocean Group of Companies - India
  • Bukit Makmur.PT - Indonesia
  • Neyveli Lignite Corporation Ltd, - India
  • LBH Netherlands Bv - Netherlands
  • NTPC Limited - India
  • Chamber of Mines of South Africa
  • UOB Asia (HK) Ltd
  • Vizag Seaport Private Limited - India
  • AsiaOL BioFuels Corp., Philippines
  • Adani Power Ltd - India
  • New Zealand Coal & Carbon
  • Vedanta Resources Plc - India
  • Semirara Mining Corp, Philippines
  • Bank of America
  • Posco Energy - South Korea
  • Commonwealth Bank - Australia
  • TGV SRAAC LIMITED, India
  • Total Coal South Africa
  • Directorate General of MIneral and Coal - Indonesia
  • ASAPP Information Group - India
  • Goldman Sachs - Singapore
  • Berau Coal - Indonesia
  • Siam City Cement PLC, Thailand
  • Maersk Broker
  • Merrill Lynch Bank
  • PowerSource Philippines DevCo
  • Kideco Jaya Agung - Indonesia
  • McConnell Dowell - Australia
  • Maruti Cements - India
  • Gujarat Electricity Regulatory Commission - India
  • Orica Australia Pty. Ltd.
  • World Coal - UK
  • Mjunction Services Limited - India
  • Inco-Indonesia
  • Deloitte Consulting - India
  • Wilmar Investment Holdings
  • Renaissance Capital - South Africa
  • Arch Coal - USA
  • IBC Asia (S) Pte Ltd
  • Electricity Generating Authority of Thailand
  • Carbofer General Trading SA - India
  • EMO - The Netherlands
  • Sindya Power Generating Company Private Ltd
  • Timah Investasi Mineral - Indoneisa
  • Kalimantan Lumbung Energi - Indonesia
  • Russian Coal LLC
  • Meralco Power Generation, Philippines
  • Gupta Coal India Ltd
  • Qatrana Cement - Jordan
  • Edison Trading Spa - Italy
  • Gresik Semen - Indonesia
  • Humpuss - Indonesia
  • Mitra SK Pvt Ltd - India
  • Therma Luzon, Inc, Philippines
  • ING Bank NV - Singapore
  • Bharathi Cement Corporation - India
  • Ceylon Electricity Board - Sri Lanka
  • Energy Link Ltd, New Zealand
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Toyota Tsusho Corporation, Japan
  • Essar Steel Hazira Ltd - India
  • Jindal Steel & Power Ltd - India
  • Glencore India Pvt. Ltd
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Intertek Mineral Services - Indonesia
  • Videocon Industries ltd - India
  • CIMB Investment Bank - Malaysia
  • Grasim Industreis Ltd - India
  • Georgia Ports Authority, United States
  • Shenhua Group - China
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Rudhra Energy - India
  • CCIC - Indonesia
  • PLN Batubara - Indonesia
  • TeaM Sual Corporation - Philippines
  • IHS Mccloskey Coal Group - USA
  • Core Mineral Indonesia
  • Uttam Galva Steels Limited - India
  • WorleyParsons
  • Kumho Petrochemical, South Korea
  • Adaro Indonesia
  • Ministry of Finance - Indonesia
  • GB Group - China
  • Coal Orbis AG
  • Singapore Mercantile Exchange
  • Eastern Coal Council - USA
  • Cebu Energy, Philippines
  • Peabody Energy - USA
  • IEA Clean Coal Centre - UK
  • BRS Brokers - Singapore
  • Power Finance Corporation Ltd., India
  • GHCL Limited - India
  • Trasteel International SA, Italy
  • APGENCO India