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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, 29 January 21
OPEC+, COVID-19 AND ENERGY TRANSITION - 3 THEMES IMPACTING OIL MARKETS AND REFINING IN 2021 - WOOD MACKENZIE
Wood Mackenzie’s latest outlook report shows that the art of balancing oil markets and the refining sector in 2021 hinges upon three key them ...
Thursday, 28 January 21
STRONG CHINESE THERMAL COAL IMPORTS TO BENEFIT INDONESIAN MINERS IN THE NEAR TERM - FITCH RATINGS
China's thermal coal imports are likely to remain strong ahead of the Chinese New Year in mid-February on robust demand, high utilisation at do ...
Thursday, 28 January 21
WIND PROPULSION FOR DRY BULK CARRIERS - OLDENDORFF
Oldendorff Carriers (OC) has signed a Joint Development Project (JDP) with Anemoi Marine Technologies (Anemoi), Lloyd’s Register (LR) and Sha ...
Thursday, 28 January 21
BUMA PRICED A USD400 MILLION 7.75% 5-YEAR SENIOR NOTES
PT Delta Dunia Makmur Tbk. announced that its subsidiary, PT Bukit Makmur Mandiri Utama priced a USD400 million 5-year (non-callable 2-year)& ...
Wednesday, 27 January 21
MARKET INSIGHT - INTERMODAL
As we have entered the era off renewable energies, all industries globally give max effort to minimize their carbon footprint and consequently thei ...
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- Maheswari Brothers Coal Limited - India
- AsiaOL BioFuels Corp., Philippines
- IHS Mccloskey Coal Group - USA
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- Indian Energy Exchange, India
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- Trasteel International SA, Italy
- The University of Queensland
- OPG Power Generation Pvt Ltd - India
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- Agrawal Coal Company - India
- McConnell Dowell - Australia
- Mjunction Services Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Global Green Power PLC Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Coal and Oil Company - UAE
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- Altura Mining Limited, Indonesia
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- New Zealand Coal & Carbon
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- Larsen & Toubro Limited - India
- GAC Shipping (India) Pvt Ltd
- Thai Mozambique Logistica
- ASAPP Information Group - India
- Minerals Council of Australia
- Semirara Mining Corp, Philippines
- TeaM Sual Corporation - Philippines
- Videocon Industries ltd - India
- Pendopo Energi Batubara - Indonesia
- CIMB Investment Bank - Malaysia
- Kideco Jaya Agung - Indonesia
- Tamil Nadu electricity Board
- Heidelberg Cement - Germany
- PowerSource Philippines DevCo
- Ministry of Mines - Canada
- Savvy Resources Ltd - HongKong
- Bangladesh Power Developement Board
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- Indonesian Coal Mining Association
- Sindya Power Generating Company Private Ltd
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- Independent Power Producers Association of India
- International Coal Ventures Pvt Ltd - India
- Indika Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- India Bulls Power Limited - India
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- Commonwealth Bank - Australia
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- Kapuas Tunggal Persada - Indonesia
- Latin American Coal - Colombia
- Formosa Plastics Group - Taiwan
- Ind-Barath Power Infra Limited - India
- Australian Coal Association
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- Metalloyd Limited - United Kingdom
- Intertek Mineral Services - Indonesia
- Oldendorff Carriers - Singapore
- Australian Commodity Traders Exchange
- Energy Link Ltd, New Zealand
- Coastal Gujarat Power Limited - India
- Orica Australia Pty. Ltd.
- Toyota Tsusho Corporation, Japan
- Sinarmas Energy and Mining - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Global Business Power Corporation, Philippines
- Georgia Ports Authority, United States
- Leighton Contractors Pty Ltd - Australia
- Parliament of New Zealand
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- Orica Mining Services - Indonesia
- VISA Power Limited - India
- GVK Power & Infra Limited - India
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- Bukit Baiduri Energy - Indonesia
- Grasim Industreis Ltd - India
- ICICI Bank Limited - India
- Bulk Trading Sa - Switzerland
- MS Steel International - UAE
- Miang Besar Coal Terminal - Indonesia
- Siam City Cement PLC, Thailand
- Mercuria Energy - Indonesia
- Port Waratah Coal Services - Australia
- Binh Thuan Hamico - Vietnam
- Jaiprakash Power Ventures ltd
- Ministry of Transport, Egypt
- Sarangani Energy Corporation, Philippines
- Central Electricity Authority - India
- Alfred C Toepfer International GmbH - Germany
- Sical Logistics Limited - India
- Planning Commission, India
- Wood Mackenzie - Singapore
- Bhoruka Overseas - Indonesia
- Cement Manufacturers Association - India
- Renaissance Capital - South Africa
- SMC Global Power, Philippines
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Directorate Of Revenue Intelligence - India
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- Medco Energi Mining Internasional
- Petron Corporation, Philippines
- Electricity Authority, New Zealand
- Siam City Cement - Thailand
- Banpu Public Company Limited - Thailand
- Essar Steel Hazira Ltd - India
- SN Aboitiz Power Inc, Philippines
- Price Waterhouse Coopers - Russia
- European Bulk Services B.V. - Netherlands
- Kartika Selabumi Mining - Indonesia
- PTC India Limited - India
- Eastern Coal Council - USA
- Ambuja Cements Ltd - India
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- Goldman Sachs - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Karaikal Port Pvt Ltd - India
- Thiess Contractors Indonesia
- Billiton Holdings Pty Ltd - Australia
- Sree Jayajothi Cements Limited - India
- London Commodity Brokers - England
- Lanco Infratech Ltd - India
- SMG Consultants - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Vedanta Resources Plc - India
- Merrill Lynch Commodities Europe
- Riau Bara Harum - Indonesia
- Anglo American - United Kingdom
- Meenaskhi Energy Private Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Timah Investasi Mineral - Indoneisa
- Singapore Mercantile Exchange
- GMR Energy Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Borneo Indobara - Indonesia
- Chamber of Mines of South Africa
- Manunggal Multi Energi - Indonesia
- Kaltim Prima Coal - Indonesia
- Sojitz Corporation - Japan
- Global Coal Blending Company Limited - Australia
- Star Paper Mills Limited - India
- Therma Luzon, Inc, Philippines
- Mercator Lines Limited - India
- The Treasury - Australian Government
- Coalindo Energy - Indonesia
- Ministry of Finance - Indonesia
- CNBM International Corporation - China
- Xindia Steels Limited - India
- Africa Commodities Group - South Africa
- Deloitte Consulting - India
- Standard Chartered Bank - UAE
- Indian Oil Corporation Limited
- Power Finance Corporation Ltd., India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Krishnapatnam Port Company Ltd. - India
- Posco Energy - South Korea
- Samtan Co., Ltd - South Korea
- Barasentosa Lestari - Indonesia
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- IEA Clean Coal Centre - UK
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- Economic Council, Georgia
- Attock Cement Pakistan Limited
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- Indogreen Group - Indonesia
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- White Energy Company Limited
- Carbofer General Trading SA - India
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- Baramulti Group, Indonesia
- Romanian Commodities Exchange
- Gujarat Sidhee Cement - India
- Karbindo Abesyapradhi - Indoneisa
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- Ceylon Electricity Board - Sri Lanka
- Semirara Mining and Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
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