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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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Thursday, 27 May 21
KOMIPO INVITED BIDS FOR 1.56 MILLION TONS OF BITUMINOUS COAL
COALspot.com: Korea Midland Power Co., Ltd (KOMIPO) has issued an international tender for total 1,560,000 MT of Bituminous Coal to be used a ...
Thursday, 27 May 21
CHINA POWER DEMAND EXCEEDS PRE-COVID-19 LEVELS; THERMAL OUTPUT STRONG - FITCH RATINGS
Rising Consumption: Total power consumption rose by 21.2% yoy to 1,921.9GWh in 1Q21 due to the fast recovery of China’s economy, after a drop ...
Thursday, 27 May 21
CHINA'S POWER DEMAND EXCEEDS PRE-PANDEMIC LEVELS; RENEWABLES TO DRIVE DEVELOPMENT - FITCH RATINGS
China's power consumption exceeded the pre-Covid-19 levels in 1Q21 due to the country's fast economic recovery, with strong output from the ...
Wednesday, 26 May 21
THE INDONESIA COAL PRICE REFERENCE FOR MAY 2021 SETTLES AT US$ 89.74 PER TON
COALspot.com: The Indonesia coal price reference for May 2021 settles at US$ 89.74 per ton FOB vessel.
The Indonesia coal pric ...
Wednesday, 26 May 21
MARKET INSIGHT - INTERMODAL
Last year crude tankers’ newbuilding contracting activity was devastated by the economic effects of the Covid-19 pandemic and the cloud of un ...
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- Riau Bara Harum - Indonesia
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- Power Finance Corporation Ltd., India
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- ICICI Bank Limited - India
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- Commonwealth Bank - Australia
- Heidelberg Cement - Germany
- Kohat Cement Company Ltd. - Pakistan
- Australian Commodity Traders Exchange
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- Marubeni Corporation - India
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- The State Trading Corporation of India Ltd
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- Mercuria Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Xindia Steels Limited - India
- Rashtriya Ispat Nigam Limited - India
- Sarangani Energy Corporation, Philippines
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- IEA Clean Coal Centre - UK
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- Ind-Barath Power Infra Limited - India
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Orica Australia Pty. Ltd.
- Merrill Lynch Commodities Europe
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- Global Business Power Corporation, Philippines
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- Ceylon Electricity Board - Sri Lanka
- Asmin Koalindo Tuhup - Indonesia
- Latin American Coal - Colombia
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- Bukit Baiduri Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
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- Parry Sugars Refinery, India
- Goldman Sachs - Singapore
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- Bhushan Steel Limited - India
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- Siam City Cement PLC, Thailand
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- Eastern Coal Council - USA
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- Independent Power Producers Association of India
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- Karaikal Port Pvt Ltd - India
- Videocon Industries ltd - India
- GAC Shipping (India) Pvt Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sical Logistics Limited - India
- Alfred C Toepfer International GmbH - Germany
- Mjunction Services Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Malabar Cements Ltd - India
- Therma Luzon, Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- India Bulls Power Limited - India
- Eastern Energy - Thailand
- Tamil Nadu electricity Board
- Kaltim Prima Coal - Indonesia
- MS Steel International - UAE
- Meralco Power Generation, Philippines
- Makarim & Taira - Indonesia
- Edison Trading Spa - Italy
- Indogreen Group - Indonesia
- Indo Tambangraya Megah - Indonesia
- Leighton Contractors Pty Ltd - Australia
- AsiaOL BioFuels Corp., Philippines
- Sojitz Corporation - Japan
- Port Waratah Coal Services - Australia
- Chamber of Mines of South Africa
- Aditya Birla Group - India
- Jorong Barutama Greston.PT - Indonesia
- Samtan Co., Ltd - South Korea
- Bahari Cakrawala Sebuku - Indonesia
- San Jose City I Power Corp, Philippines
- Bangladesh Power Developement Board
- Semirara Mining and Power Corporation, Philippines
- Medco Energi Mining Internasional
- Meenaskhi Energy Private Limited - India
- Ministry of Mines - Canada
- Pipit Mutiara Jaya. PT, Indonesia
- Thai Mozambique Logistica
- SMC Global Power, Philippines
- Essar Steel Hazira Ltd - India
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- Bulk Trading Sa - Switzerland
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- Deloitte Consulting - India
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- Indian Energy Exchange, India
- Global Green Power PLC Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Renaissance Capital - South Africa
- Economic Council, Georgia
- Wilmar Investment Holdings
- Coastal Gujarat Power Limited - India
- Lanco Infratech Ltd - India
- Savvy Resources Ltd - HongKong
- Kapuas Tunggal Persada - Indonesia
- Parliament of New Zealand
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