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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, 13 January 21
COAL TO BE BIGGEST CONTRIBUTOR TO INDIA'S $5 TRILLION ECONOMY: AMIT SHAH - BUSINESS STANDARD
The Centre on Monday awarded the letter of allocation to successful bidders of coal mines under the commercial auction held during October-November ...
Monday, 11 January 21
MUTED COAL RECOVERY IN 2021 - BALTIC EXCHANGE
Coal demand is expected to rebound in 2021
Medium-term outlook is less favourable although demand declines are expected to be subtle ...
Sunday, 10 January 21
KOREAN GENCOS INVITED BIDS FOR TOTAL 880,000 TONS OF COAL FOR MARCH 2021 LOADING
COALspot.com: Korea South-East Power Co., Ltd. (KOEN), on behalf of EWP, KOSPO, KOSEP and KOWEPO issued an international tender for total 880 ...
Friday, 08 January 21
INDIA COULD COMPETE AGAINST CHINA IN SOLAR MODULE PRODUCTION WITH THE RIGHT GOVERNMENT SUPPORT - IEEFA
The focus should be on helping manufacturers become globally competitive
Although one of the top 10 solar module producers in the world, India ...
Thursday, 07 January 21
FITCH FORECASTS DOUBLING IN ASIAN WIND, SOLAR CAPACITY BY 2029, TOPPING 1,500GW
Despite some near-term delays due to the Covid-19 pandemic, solar power and offshore wind will drive steep growth in non-hydro renewables in Asia, ...
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- Coalindo Energy - Indonesia
- Bukit Makmur.PT - Indonesia
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- European Bulk Services B.V. - Netherlands
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- The University of Queensland
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- Kapuas Tunggal Persada - Indonesia
- Manunggal Multi Energi - Indonesia
- Indian Energy Exchange, India
- Siam City Cement - Thailand
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- Semirara Mining Corp, Philippines
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- Dalmia Cement Bharat India
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- Lanco Infratech Ltd - India
- MS Steel International - UAE
- Ministry of Transport, Egypt
- TNB Fuel Sdn Bhd - Malaysia
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- Goldman Sachs - Singapore
- London Commodity Brokers - England
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- Port Waratah Coal Services - Australia
- Leighton Contractors Pty Ltd - Australia
- Carbofer General Trading SA - India
- Gujarat Mineral Development Corp Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Petron Corporation, Philippines
- Sakthi Sugars Limited - India
- Economic Council, Georgia
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- Petrochimia International Co. Ltd.- Taiwan
- White Energy Company Limited
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Australian Coal Association
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- Therma Luzon, Inc, Philippines
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- Parry Sugars Refinery, India
- Singapore Mercantile Exchange
- Bhoruka Overseas - Indonesia
- McConnell Dowell - Australia
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- Indo Tambangraya Megah - Indonesia
- Standard Chartered Bank - UAE
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- Australian Commodity Traders Exchange
- Oldendorff Carriers - Singapore
- Sojitz Corporation - Japan
- Trasteel International SA, Italy
- Baramulti Group, Indonesia
- GVK Power & Infra Limited - India
- Eastern Energy - Thailand
- Planning Commission, India
- PowerSource Philippines DevCo
- San Jose City I Power Corp, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Karbindo Abesyapradhi - Indoneisa
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- VISA Power Limited - India
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- Formosa Plastics Group - Taiwan
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- Thiess Contractors Indonesia
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- AsiaOL BioFuels Corp., Philippines
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- Larsen & Toubro Limited - India
- LBH Netherlands Bv - Netherlands
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Binh Thuan Hamico - Vietnam
- Minerals Council of Australia
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- Central Electricity Authority - India
- Interocean Group of Companies - India
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Tata Chemicals Ltd - India
- Malabar Cements Ltd - India
- Barasentosa Lestari - Indonesia
- Xindia Steels Limited - India
- Price Waterhouse Coopers - Russia
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- Bangladesh Power Developement Board
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- Tamil Nadu electricity Board
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- PTC India Limited - India
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- Madhucon Powers Ltd - India
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- Kumho Petrochemical, South Korea
- Straits Asia Resources Limited - Singapore
- Indonesian Coal Mining Association
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Borneo Indobara - Indonesia
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- Electricity Authority, New Zealand
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- Mintek Dendrill Indonesia
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- The Treasury - Australian Government
- Bayan Resources Tbk. - Indonesia
- The State Trading Corporation of India Ltd
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- Maheswari Brothers Coal Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Siam City Cement PLC, Thailand
- SN Aboitiz Power Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Parliament of New Zealand
- Chamber of Mines of South Africa
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- Jindal Steel & Power Ltd - India
- Toyota Tsusho Corporation, Japan
- Commonwealth Bank - Australia
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