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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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Monday, 04 January 21
BLISS FOR SHIPOWNERS! DAMAGES MAY BE CLAIMED IN ADDITION TO DEMURRAGE FOR VOYAGE CHARTERPARTY DELAY - WFW
KNOWLEDGE TO ELEVATE
In a significant decision for the maritime sector, The Eternal Bliss[1], the English Commercial Court has resol ...
Sunday, 03 January 21
INDIA: COMMERCE MINISTRY LAUNCHES COAL IMPORT MONITORING SYSTEM - PTI
CIMS shall require importers to submit advance information in an online system for imports of items and obtain an automatic registration number by ...
Wednesday, 30 December 20
A LOOK BACK INTO 2020: THE HEADWINDS, THE TAILWINDS AND EVERYTHING IN BETWEEN - SIGNAL
There is no doubt that 2020 has been a turbulent year for commercial shipping. The coronavirus pandemic has shaken the global maritime transport. T ...
Tuesday, 29 December 20
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX UP 0.66 PCT - XINHUA
China Taiyuan coal transaction price index stood at 134.78 points Monday, up 0.66 percent week on week.
The index, released by China ...
Tuesday, 29 December 20
CORROSION-RESISTANT STEELS FOR CARGO OIL TANKS - DNV GL
KNOWLEDGE TO ELEVATE
Crude oil is a complex mixture of substances at varying ratios and in most cases contains at least some salt water. ...
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- Rio Tinto Coal - Australia
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- Tamil Nadu electricity Board
- Ceylon Electricity Board - Sri Lanka
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- Makarim & Taira - Indonesia
- Independent Power Producers Association of India
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- Kideco Jaya Agung - Indonesia
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- Singapore Mercantile Exchange
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- Kumho Petrochemical, South Korea
- Bangladesh Power Developement Board
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- Trasteel International SA, Italy
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- Standard Chartered Bank - UAE
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- Planning Commission, India
- Straits Asia Resources Limited - Singapore
- Manunggal Multi Energi - Indonesia
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- South Luzon Thermal Energy Corporation
- Parliament of New Zealand
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- Samtan Co., Ltd - South Korea
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- White Energy Company Limited
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- Minerals Council of Australia
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- The University of Queensland
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- Australian Coal Association
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- GN Power Mariveles Coal Plant, Philippines
- Cigading International Bulk Terminal - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Goldman Sachs - Singapore
- IHS Mccloskey Coal Group - USA
- Malabar Cements Ltd - India
- Sarangani Energy Corporation, Philippines
- Mercuria Energy - Indonesia
- Electricity Authority, New Zealand
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- Formosa Plastics Group - Taiwan
- Riau Bara Harum - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Bhushan Steel Limited - India
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- Central Electricity Authority - India
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- Renaissance Capital - South Africa
- Bukit Asam (Persero) Tbk - Indonesia
- Bulk Trading Sa - Switzerland
- Barasentosa Lestari - Indonesia
- Medco Energi Mining Internasional
- Price Waterhouse Coopers - Russia
- Baramulti Group, Indonesia
- Karaikal Port Pvt Ltd - India
- Heidelberg Cement - Germany
- Energy Link Ltd, New Zealand
- SMC Global Power, Philippines
- Sojitz Corporation - Japan
- Sindya Power Generating Company Private Ltd
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- Australian Commodity Traders Exchange
- PTC India Limited - India
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- New Zealand Coal & Carbon
- GVK Power & Infra Limited - India
- Africa Commodities Group - South Africa
- Power Finance Corporation Ltd., India
- Holcim Trading Pte Ltd - Singapore
- Binh Thuan Hamico - Vietnam
- Romanian Commodities Exchange
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- Alfred C Toepfer International GmbH - Germany
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- Georgia Ports Authority, United States
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- Lanco Infratech Ltd - India
- Wood Mackenzie - Singapore
- Antam Resourcindo - Indonesia
- Economic Council, Georgia
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Carbofer General Trading SA - India
- Kobexindo Tractors - Indoneisa
- Essar Steel Hazira Ltd - India
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