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Wednesday, 10 February 21
FY21 COAL DEMAND MAY BE LOWER THAN PREVIOUSLY ESTIMATED DUE TO COVID-19: PRALHAD JOSHI - PTI
 Coal demand in the current fiscal may be lower than the initial estimate of 1,085 million tonnes (MT) due to the impact of COVID-19, Parliament was informed on Monday.
Domestic supply of coal during the April-December period of the ongoing financial year stood at 489.89MT, Coal Minister Pralhad Joshi said in a reply in the Rajya Sabha.
“Initially demand of coal for current year i.e. 2020-21 was estimated at 1085 MT. However, due to COVID-19 effect actual demand of coal is likely to be less than estimated demand,” the minister said.
The demand of coal is higher than the current level of domestic supply of the fossil fuel, he added.
In FY’20, the actual demand of coal in the country was 955.26MT while the supply was 706.72MT, Joshi said.
The gap between demand and domestic supply of coal cannot be bridged completely as there is insufficient availability and reserves of prime coking coal in the country, the minister said.
Further, coal is imported by power plants designed on imported coal and high-grade coal required for blending purposes is also imported in the country as this cannot be fully substituted by the domestic sector which has limited reserves of high-grade coal.
The focus of the government is on increasing domestic production of the dry fuel through allocation of more coal blocks, pursuing with state government for assistance in land acquisition and coordinated efforts with Railways for movement of coal, he said.
In order to enhance domestic production, 25 percent of coal production has been allowed for sale in open market for newly allocated captive coal blocks.
Source: PTI
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Wednesday, 30 June 21
BUMA SIGNED MINING AGREEMENT WITH ADARO
PT Delta Dunia Makmur Tbk. announced that its subsidiary, PT Bukit Makmur Mandiri Utama ("BUMA"), has entered into an agreement for the p ...
Wednesday, 30 June 21
MARKET INSIGHT - INTERMODAL
The strong freight performance since the beginning of year has continued for the dry bulk market with earnings being at the highest level in over a ...
Monday, 28 June 21
MINISTRY OF ENERGY AND MINERAL RESOURCES OF INDONESIA THREATENS TO REVOKE 2,350 MINING BUSINESS PERMITS
The Ministry of Energy and Mineral Resources said that the revocation of mining business permits was in accordance with President Jokowi's inst ...
Sunday, 27 June 21
INDONESIA'S STATE-OWNED UTILITY PLN'S 2060 NET ZERO AMBITION NOT WITHOUT FLAWS AND GAPS - IEEFA
Indonesia on the right emissions reduction pathway but same old coal stories persist
Recent announcements by Indonesia’s state-owned uti ...
Saturday, 26 June 21
COAL PRICES HIT DECADE HIGH DESPITE EFFORTS TO WEAN THE WORLD OFF CARBON - WSJ
Rebounding electricity usage and scanty rainfall in China have added fuel to the rally
Coal prices have climbed to their highest lev ...
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- Orica Mining Services - Indonesia
- Sical Logistics Limited - India
- GAC Shipping (India) Pvt Ltd
- Timah Investasi Mineral - Indoneisa
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- New Zealand Coal & Carbon
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- ICICI Bank Limited - India
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- PetroVietnam Power Coal Import and Supply Company
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- Edison Trading Spa - Italy
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- Sojitz Corporation - Japan
- Thai Mozambique Logistica
- Renaissance Capital - South Africa
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- Heidelberg Cement - Germany
- Ministry of Finance - Indonesia
- Rashtriya Ispat Nigam Limited - India
- International Coal Ventures Pvt Ltd - India
- Star Paper Mills Limited - India
- Kideco Jaya Agung - Indonesia
- Agrawal Coal Company - India
- Gujarat Mineral Development Corp Ltd - India
- Deloitte Consulting - India
- Planning Commission, India
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- Metalloyd Limited - United Kingdom
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- Georgia Ports Authority, United States
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- Eastern Coal Council - USA
- Chettinad Cement Corporation Ltd - India
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- Power Finance Corporation Ltd., India
- Videocon Industries ltd - India
- Jaiprakash Power Ventures ltd
- Ceylon Electricity Board - Sri Lanka
- Australian Commodity Traders Exchange
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- Ambuja Cements Ltd - India
- Larsen & Toubro Limited - India
- Bulk Trading Sa - Switzerland
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- Kohat Cement Company Ltd. - Pakistan
- Bhushan Steel Limited - India
- Tata Chemicals Ltd - India
- Carbofer General Trading SA - India
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- Romanian Commodities Exchange
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- Banpu Public Company Limited - Thailand
- Port Waratah Coal Services - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- MS Steel International - UAE
- The State Trading Corporation of India Ltd
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- Sarangani Energy Corporation, Philippines
- Posco Energy - South Korea
- Vedanta Resources Plc - India
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- Mercuria Energy - Indonesia
- Therma Luzon, Inc, Philippines
- Global Business Power Corporation, Philippines
- Siam City Cement PLC, Thailand
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- Electricity Authority, New Zealand
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- Global Coal Blending Company Limited - Australia
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- Price Waterhouse Coopers - Russia
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- Sindya Power Generating Company Private Ltd
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- Mintek Dendrill Indonesia
- Lanco Infratech Ltd - India
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- Kumho Petrochemical, South Korea
- GMR Energy Limited - India
- Goldman Sachs - Singapore
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- Central Electricity Authority - India
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- White Energy Company Limited
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- TeaM Sual Corporation - Philippines
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- SMC Global Power, Philippines
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kobexindo Tractors - Indoneisa
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- Latin American Coal - Colombia
- European Bulk Services B.V. - Netherlands
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