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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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Friday, 30 April 21
HIGH-SULPHUR FUEL OIL SALES REBOUND AFTER PRE-IMO 2020 - BIMCO
HSFO sales are up 47.2% from Q1 2020, reaching 3.1m tonnes. This is however still less than a third of high-sulphur fuel sales in Q1 2019, before t ...
Wednesday, 28 April 21
MARKET INSIGHT - INTERMODAL
Despite the current challenges as a result of the global pandemic, 2021 is turning out to be a landmark year for the iron ore market with spot pric ...
Monday, 26 April 21
CHINA TO FURTHER CUT COAL USE IN 2021 - XINHUA
China aims to reduce the share of coal in its energy mix to less than 56% this year, according to a guideline released by the National Energy Admin ...
Wednesday, 21 April 21
COAL FINANCING COSTS HAVE SURGED IN PAST 10 YEARS - UNIVERSITY OF OXFORD - THE GUARDIAN
Coal financing costs have surged over the last decade as investors demand returns four times as high as the payoff required from renewable energy p ...
Tuesday, 20 April 21
US DOLLAR LIBOR TRANSITION IN ASSET FINANCE - WHERE ARE WE NOW? - WATSON FARLEY & WILLIAMS
Since our last article, there has been a raft of regulatory and market body announcements relating to the transition away from LIBOR and the follow ...
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- Billiton Holdings Pty Ltd - Australia
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- Marubeni Corporation - India
- Eastern Energy - Thailand
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- Bhatia International Limited - India
- Central Java Power - Indonesia
- Petron Corporation, Philippines
- IEA Clean Coal Centre - UK
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- Ministry of Transport, Egypt
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- Bahari Cakrawala Sebuku - Indonesia
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- International Coal Ventures Pvt Ltd - India
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- Directorate Of Revenue Intelligence - India
- Star Paper Mills Limited - India
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- Parliament of New Zealand
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- Offshore Bulk Terminal Pte Ltd, Singapore
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- Lanco Infratech Ltd - India
- Goldman Sachs - Singapore
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- Economic Council, Georgia
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- Global Business Power Corporation, Philippines
- Romanian Commodities Exchange
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- Salva Resources Pvt Ltd - India
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- Larsen & Toubro Limited - India
- Planning Commission, India
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- Maharashtra Electricity Regulatory Commission - India
- Coastal Gujarat Power Limited - India
- The University of Queensland
- Ind-Barath Power Infra Limited - India
- Port Waratah Coal Services - Australia
- Bukit Baiduri Energy - Indonesia
- Electricity Authority, New Zealand
- Australian Coal Association
- Mjunction Services Limited - India
- Makarim & Taira - Indonesia
- Rio Tinto Coal - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Heidelberg Cement - Germany
- ASAPP Information Group - India
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- Sakthi Sugars Limited - India
- Indonesian Coal Mining Association
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Aditya Birla Group - India
- Kapuas Tunggal Persada - Indonesia
- Ministry of Mines - Canada
- Wood Mackenzie - Singapore
- Bulk Trading Sa - Switzerland
- Meenaskhi Energy Private Limited - India
- Chettinad Cement Corporation Ltd - India
- Antam Resourcindo - Indonesia
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- Attock Cement Pakistan Limited
- Therma Luzon, Inc, Philippines
- Indika Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Bukit Asam (Persero) Tbk - Indonesia
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- Georgia Ports Authority, United States
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- Global Coal Blending Company Limited - Australia
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- Edison Trading Spa - Italy
- Electricity Generating Authority of Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Ministry of Finance - Indonesia
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- CNBM International Corporation - China
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- Ambuja Cements Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Renaissance Capital - South Africa
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- Central Electricity Authority - India
- TeaM Sual Corporation - Philippines
- Directorate General of MIneral and Coal - Indonesia
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- Sree Jayajothi Cements Limited - India
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- Indian Oil Corporation Limited
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- Samtan Co., Ltd - South Korea
- Independent Power Producers Association of India
- Orica Australia Pty. Ltd.
- Aboitiz Power Corporation - Philippines
- Vedanta Resources Plc - India
- Kumho Petrochemical, South Korea
- IHS Mccloskey Coal Group - USA
- Indian Energy Exchange, India
- New Zealand Coal & Carbon
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- AsiaOL BioFuels Corp., Philippines
- Ceylon Electricity Board - Sri Lanka
- Uttam Galva Steels Limited - India
- San Jose City I Power Corp, Philippines
- Banpu Public Company Limited - Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Grasim Industreis Ltd - India
- Indo Tambangraya Megah - Indonesia
- Anglo American - United Kingdom
- European Bulk Services B.V. - Netherlands
- Timah Investasi Mineral - Indoneisa
- Neyveli Lignite Corporation Ltd, - India
- Coal and Oil Company - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Coalindo Energy - Indonesia
- White Energy Company Limited
- Bukit Makmur.PT - Indonesia
- Orica Mining Services - Indonesia
- Formosa Plastics Group - Taiwan
- MS Steel International - UAE
- TNB Fuel Sdn Bhd - Malaysia
- Jaiprakash Power Ventures ltd
- Toyota Tsusho Corporation, Japan
- Vijayanagar Sugar Pvt Ltd - India
- The Treasury - Australian Government
- Cigading International Bulk Terminal - Indonesia
- McConnell Dowell - Australia
- Maheswari Brothers Coal Limited - India
- Merrill Lynch Commodities Europe
- Power Finance Corporation Ltd., India
- Parry Sugars Refinery, India
- Madhucon Powers Ltd - India
- Pendopo Energi Batubara - Indonesia
- Price Waterhouse Coopers - Russia
- Pipit Mutiara Jaya. PT, Indonesia
- Gujarat Electricity Regulatory Commission - India
- Mintek Dendrill Indonesia
- India Bulls Power Limited - India
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- Thai Mozambique Logistica
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- SMG Consultants - Indonesia
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- Vizag Seaport Private Limited - India
- Australian Commodity Traders Exchange
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- Karbindo Abesyapradhi - Indoneisa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bharathi Cement Corporation - India
- Medco Energi Mining Internasional
- Kobexindo Tractors - Indoneisa
- PTC India Limited - India
- Chamber of Mines of South Africa
- Kartika Selabumi Mining - Indonesia
- Baramulti Group, Indonesia
- Carbofer General Trading SA - India
- Tata Chemicals Ltd - India
- Commonwealth Bank - Australia
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- Minerals Council of Australia
- Binh Thuan Hamico - Vietnam
- Energy Link Ltd, New Zealand
- Metalloyd Limited - United Kingdom
- PNOC Exploration Corporation - Philippines
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