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Saturday, 23 January 21
GOVT PLANNING TO OPEN UP COAL MARKETING TO STREAMLINE PROCESS - THE INDIAN EXPRESS
The government is considering opening up coal marketing, Coal Secretary Anil Kumar Jain said on Thursday. Currently, production by Coal India is allocated through a number of different methods, including multiple sector-based auctions and coal linkages based on recommendations by the Union government, and Fuel Supply Agreements (FSAs).
 
India produced about 729 million tonnes of coal and imported about 248 million tonnes in the previous fiscal. Coal India accounts for over 80 per cent of domestic production. “It’s about time that coal marketing was opened up. All the knots, which have tied up coal linkages, PPAs, FSAs and bidding have to be opened up,” said the secretary, adding the freeing up of coal marketing would give an assurance to buyers that they will be able to get the product, if they want it, without having to go through multiple processes.
 
The government, in June 2020, opened up coal mining for commercial use.
Source: The Indian Express


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Saturday, 17 July 21
COAL PRICES TRADE AT DECADE HIGH OF $140 PER TONNE, HERE ARE SOME FACTORS AT PLAY: CNBC-TV18
Coal prices are trading at $140 per tonne. In the last one week, coal has seen more than 8 percent gains; the last one month has seen 24 percent ju ...


Thursday, 15 July 21
U.S. FOSSIL FUEL CONSUMPTION FELL BY 9% IN 2020, THE LOWEST LEVEL IN NEARLY 30 YEARS - EIA
U.S. fossil fuel consumption fell by 9% in 2020, the lowest level in nearly 30 years   In 2020, total consumption of fossil fuels in t ...


Thursday, 15 July 21
IN 2020, U.S. COAL PRODUCTION FELL TO ITS LOWEST LEVEL SINCE 1965 - EIA
U.S. coal production totaled 535 million short tons (MMst) in 2020, a 24% decrease from the 706 MMst mined in 2019 and the lowest level of coal pro ...


Wednesday, 14 July 21
MARKET INSIGHT - INTERMODAL
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Tuesday, 13 July 21
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JBIC wants to continue burdening developing nations with its expensive coal-fired power technology Japan is continuing to push its expensive c ...


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