COALspot.com keeps you connected across the coal world
  • NOVEMBER 2021 HBA FOR EXPORTS INCREASED BY $33.03% MOM, $85.79 YTM AND $183.50% YOY
  • NOVEMBER 2021 INDONESIAN COAL PRICE REFERENCE FOR EXPORTS FIXED AT US$215.01 A TON

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


WTI Crude Oil

BRENT Crude Oil

Search News
Latest CoalNews Headlines
Wednesday, 20 October 21
OVER-RELIANCE ON COAL IN OUR POWER MIX HURTING INDIA - LIVEMINT
In spite of the renewables push, coal still accounts for about 50% of India’s installed power capacity. That means a simultaneous demand and supply shock, as happening now, can disrupt power generation.
 
The current shortage of coal is raising the spectre of long power outages. At a broader level, the crisis also underscores India’s overwhelming dependence on coal to meet its energy needs, the significant push towards renewables notwithstanding. As of September 2021, thermal power— power generated from burning coal, gas and petroleum—comprised 60% of India’s installed capacity in power generation. Coal alone accounted for nearly 50%. By comparison, renewable sources such as wind and solar energy and biomass accounted for 26%.
 
European countries lead the way in renewable sources, which are more sustainable and environment-friendly. Germany, for example, drew 44% of its electricity from renewables in the first half of 2021. For India, that figure was just 10% in 2019-20, against the installed capacity share of 26%. While installed capacity represents the maximum amount of electricity that can be generated, the actual amount generated from renewables is lower due to their erratic nature. For instance, lack of sufficient wind on a given day would lead to lower energy produced from wind turbines.
 
While India is expected to tide over the current coal shortage, the only way it can secure its longer-term energy security is by ramping up production from renewables. However, in the medium term, it is also imperative to upgrade infrastructure at coal mining facilities, and open up existing mines to the private sector for mining to augment the supply of coal. Failure to do so will leave it vulnerable to imbalances in supply—and have deleterious trickle-down effects, as being seen now.
 
Supply Crunch
Coal production has picked up in the current financial year and exceeds pre-pandemic levels. In the six-month period from April to September 2021, India produced 315 million tonnes of coal, a 5.5% increase over the corresponding period of 2019 (pre-pandemic). However, there has been a secular stagnation in coal production since 2017, with the rise in production not keeping pace with increasing demand.
 
State-owned Coal India dominates coal production in the country, accounting for about 85% of the coal produced in the first six months of 2021-22. In addition to domestic production, India imports nearly 25% of its coal requirement. Coal imports too had fallen sharply in 2020-21, due to supply shortages and the ensuing increase in global coal prices. In a move that will enhance imports, the Centre has ordered thermal power producers to import coal for at least 10% blending in their fuel, citing a shortage of domestic supply.
 
Production Woes
There is, currently, a crippling shortage of coal at thermal power plants. At an all-India level, the normative stock of coal required across all power plants is 39.7 million tonnes. However, the coal stock available on 15 October with these plants stood at 7.5 million tonnes, or about 19% of the stock required, according to the Central Electricity Authority. That same day, as many as 104 of the 135 coal-based plants in India had less than five days’ stock of coal remaining, which is deemed to be ‘critical’ for plants that are located near a coal mine.
 
The shortage is stark across states in all regions. The northern region, which is distant from most coal-producing regions, is the worst-affected, with around 91% of thermal plants facing shortages. By comparison, the western region, which includes mineral-rich Chhattisgarh, is slightly better off, with the coal shortage affecting around 74% of power plants there.
 
Price Spikes
The current concern regarding coal supplies has led to a spike in electricity costs. The supply arrangement in India is that distribution companies, mostly state-owned, enter into direct purchase agreements with power producers. In the event that producers are unable to fulfil their commitments, or demand exceeds contracted supply, distribution companies buy from sellers in the open market.
 
Data from the Indian Energy Exchange (IEX), a marketplace for short-term electricity trading in India, shows that electricity prices rose nearly five-fold over the past month in reaction to news regarding the impending shortage of coal. Considering that end prices paid by consumers remained fixed, distribution companies, which are already in a precarious financial position, were forced to bear the brunt of this higher price. Although rates have slid back to normal levels again, this upheaval is a grim reminder of the centrality of coal in India’s power mix and why this needs to change.
Source: Livemint


If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Thursday, 25 November 21
FITCH RATINGS INCREASES MOST GLOBAL METALS AND MINING PRICE ASSUMPTIONS - FITCH RATINGS
Fitch Ratings has increased most metals and mining price assumptions, particularly those that benefit from increased longer-term demand due to glob ...


Thursday, 25 November 21
CHINA'S COAL PRICE DROPS IN MID-NOVEMBER AMID GOVERNMENT’S SWEEPING MEASURES - GLOBAL TIMES
China’s coal prices have dropped significantly in mid-November compared with the beginning of the month, with the price of coking coal and co ...


Wednesday, 24 November 21
MARKET INSIGHT - INTERMODAL
Inflation is the word that has dominated the meetings of foreign leaders and finance ministers in recent weeks, as rising energy costs, supply chai ...


Wednesday, 24 November 21
WHY THIS MINING ANALYST IS UPBEAT ON THE IRON ORE PRICE FORECAST - MOTLEY FOOL
In many ways, 2021 can be called the year of the iron ore price. Much of the talk of the ASX town this year has revolved around this key economic m ...


Wednesday, 24 November 21
PRICE OF CHINA’S COAL FUTURE DROPS BY 60% AS NATIONWIDE DAILY OUTPUT REACHES OVER 12 MILLION TONS: NDRC - GLOBAL TIMES
China’s daily coal output has now stabilized after reaching over 12 million tons and the price of coal futures has declined to 800 yuan ($125 ...


   1 2 3 4 5   
Showing 11 to 15 news of total 6477
News by Category
Popular News
 
Total Members : 27,652
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Kobexindo Tractors - Indoneisa
  • Humpuss - Indonesia
  • GN Power Mariveles Coal Plant, Philippines
  • Therma Luzon, Inc, Philippines
  • PetroVietnam
  • CESC Limited - India
  • Tata Chemicals Ltd - India
  • SMC Global Power, Philippines
  • BRS Brokers - Singapore
  • APGENCO India
  • UOB Asia (HK) Ltd
  • Ernst & Young Pvt. Ltd.
  • Mitra SK Pvt Ltd - India
  • Japan Coal Energy Center
  • Kapuas Tunggal Persada - Indonesia
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Barclays Capital - USA
  • Cargill India Pvt Ltd
  • Xstrata Coal
  • Electricity Authority, New Zealand
  • Jatenergy - Australia
  • Independent Power Producers Association of India
  • OPG Power Generation Pvt Ltd - India
  • Ince & co LLP
  • GB Group - China
  • TGV SRAAC LIMITED, India
  • Manunggal Multi Energi - Indonesia
  • Moodys - Singapore
  • Platts
  • Enel Italy
  • Riau Bara Harum - Indonesia
  • BNP Paribas - Singapore
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Coalindo Energy - Indonesia
  • Anglo American - United Kingdom
  • Kideco Jaya Agung - Indonesia
  • Kohat Cement Company Ltd. - Pakistan
  • Karaikal Port Pvt Ltd - India
  • Gujarat Electricity Regulatory Commission - India
  • SMG Consultants - Indonesia
  • TANGEDCO India
  • New Zealand Coal & Carbon
  • McKinsey & Co - India
  • Miang Besar Coal Terminal - Indonesia
  • Merrill Lynch Bank
  • Inspectorate - India
  • Idemitsu - Japan
  • IMC Shipping - Singapore
  • Ministry of Finance - Indonesia
  • Energy Link Ltd, New Zealand
  • Posco Energy - South Korea
  • Global Green Power PLC Corporation, Philippines
  • Merrill Lynch Commodities Europe
  • Australian Commodity Traders Exchange
  • GHCL Limited - India
  • Edison Trading Spa - Italy
  • Bangkok Bank PCL
  • Pipit Mutiara Jaya. PT, Indonesia
  • Thriveni
  • Leighton Contractors Pty Ltd - Australia
  • Trasteel International SA, Italy
  • Wood Mackenzie - Singapore
  • Romanian Commodities Exchange
  • Bayan Resources Tbk. - Indonesia
  • Indogreen Group - Indonesia
  • Coastal Gujarat Power Limited - India
  • Cebu Energy, Philippines
  • Credit Suisse - India
  • World Coal - UK
  • UBS Singapore
  • Mitsui
  • Petrochimia International Co. Ltd.- Taiwan
  • Arch Coal - USA
  • Kepco SPC Power Corporation, Philippines
  • Deutsche Bank - India
  • Wilmar Investment Holdings
  • Sarangani Energy Corporation, Philippines
  • Baramulti Group, Indonesia
  • Siam City Cement - Thailand
  • MS Steel International - UAE
  • KPCL - India
  • JPMorgan - India
  • Eastern Coal Council - USA
  • Indika Energy - Indonesia
  • The India Cements Ltd
  • Indian School of Mines
  • Iligan Light & Power Inc, Philippines
  • WorleyParsons
  • Malabar Cements Ltd - India
  • Indorama - Singapore
  • Mechel - Russia
  • bp singapore
  • Globalindo Alam Lestari - Indonesia
  • Petron Corporation, Philippines
  • Indonesia Power. PT
  • CoalTek, United States
  • Sinarmas Energy and Mining - Indonesia
  • SUEK AG - Indonesia
  • Billiton Holdings Pty Ltd - Australia
  • SASOL - South Africa
  • San Jose City I Power Corp, Philippines
  • European Bulk Services B.V. - Netherlands
  • Cement Manufacturers Association - India
  • Core Mineral Indonesia
  • Coal Orbis AG
  • U S Energy Resources
  • Medco Energi Mining Internasional
  • Maersk Broker
  • Pendopo Energi Batubara - Indonesia
  • Agrawal Coal Company - India
  • The State Trading Corporation of India Ltd
  • IBC Asia (S) Pte Ltd
  • Latin American Coal - Colombia
  • Directorate Of Revenue Intelligence - India
  • Bhatia International Limited - India
  • Power Finance Corporation Ltd., India
  • Ambuja Cements Ltd - India
  • Global Business Power Corporation, Philippines
  • Ceylon Electricity Board - Sri Lanka
  • Russian Coal LLC
  • Chettinad Cement Corporation Ltd - India
  • Binh Thuan Hamico - Vietnam
  • Gresik Semen - Indonesia
  • TNPL - India
  • JPower - Japan
  • Heidelberg Cement - Germany
  • MEC Coal - Indonesia
  • Kaltim Prima Coal - Indonesia
  • ACC Limited - India
  • Directorate General of MIneral and Coal - Indonesia
  • Mjunction Services Limited - India
  • Thailand Anthracite
  • CCIC - Indonesia
  • PTC India Limited - India
  • Economic Council, Georgia
  • Energy Development Corp, Philippines
  • Karbindo Abesyapradhi - Indoneisa
  • RBS Sempra - UK
  • Vitol - Bahrain
  • GVK Power & Infra Limited - India
  • Rio Tinto Coal - Australia
  • Australian Coal Association
  • Indian Oil Corporation Limited
  • LBH Netherlands Bv - Netherlands
  • Xindia Steels Limited - India
  • NALCO India
  • Africa Commodities Group - South Africa
  • Georgia Ports Authority, United States
  • Star Paper Mills Limited - India
  • Central Electricity Authority - India
  • Clarksons - UK
  • Ind-Barath Power Infra Limited - India
  • Shree Cement - India
  • Toyota Tsusho Corporation, Japan
  • Formosa Plastics Group - Taiwan
  • Borneo Indobara - Indonesia
  • Vedanta Resources Plc - India
  • Standard Chartered Bank - UAE
  • Interocean Group of Companies - India
  • IOL Indonesia
  • The Treasury - Australian Government
  • Port Waratah Coal Services - Australia
  • Samsung - South Korea
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Electricity Generating Authority of Thailand
  • PowerSource Philippines DevCo
  • Uttam Galva Steels Limited - India
  • South Luzon Thermal Energy Corporation
  • EIA - United States
  • Surastha Cement
  • GMR Energy Limited - India
  • Mercator Lines Limited - India
  • Sree Jayajothi Cements Limited - India
  • Savvy Resources Ltd - HongKong
  • Oldendorff Carriers - Singapore
  • Petrosea - Indonesia
  • Permata Bank - Indonesia
  • KOWEPO - South Korea
  • Bank of China, Malaysia
  • Sucofindo - Indonesia
  • CIMB Investment Bank - Malaysia
  • Global Coal Blending Company Limited - Australia
  • DBS Bank - Singapore
  • Mercuria Energy - Indonesia
  • International Coal Ventures Pvt Ltd - India
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Simpson Spence & Young - Indonesia
  • Timah Investasi Mineral - Indoneisa
  • Bank of America
  • Glencore India Pvt. Ltd
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Jindal Steel & Power Ltd - India
  • Mintek Dendrill Indonesia
  • Grasim Industreis Ltd - India
  • IEA Clean Coal Centre - UK
  • Planning Commission, India
  • ING Bank NV - Singapore
  • PLN Batubara - Indonesia
  • London Commodity Brokers - England
  • Cosco
  • Central Java Power - Indonesia
  • Alfred C Toepfer International GmbH - Germany
  • PetroVietnam Power Coal Import and Supply Company
  • Malco - India
  • Eastern Energy - Thailand
  • EMO - The Netherlands
  • Neyveli Lignite Corporation Ltd, - India
  • Aditya Birla Group - India
  • Kalimantan Lumbung Energi - Indonesia
  • Lanco Infratech Ltd - India
  • Makarim & Taira - Indonesia
  • Singapore Mercantile Exchange
  • Mitsubishi Corporation
  • Inco-Indonesia
  • Panama Canal Authority
  • AsiaOL BioFuels Corp., Philippines
  • Maruti Cements - India
  • ASAPP Information Group - India
  • Parliament of New Zealand
  • PLN - Indonesia
  • ICICI Bank Limited - India
  • Indo Tambangraya Megah - Indonesia
  • Reliance Power - India
  • Sindya Power Generating Company Private Ltd
  • Bukit Baiduri Energy - Indonesia
  • Attock Cement Pakistan Limited
  • Kartika Selabumi Mining - Indonesia
  • GNFC Limited - India
  • Antam Resourcindo - Indonesia
  • Berau Coal - Indonesia
  • Siam City Cement PLC, Thailand
  • Maybank - Singapore
  • Larsen & Toubro Limited - India
  • Kobe Steel Ltd - Japan
  • Bharathi Cement Corporation - India
  • Minerals Council of Australia
  • CNBM International Corporation - China
  • SRK Consulting
  • Bhushan Steel Limited - India
  • Vale Mozambique
  • White Energy Company Limited
  • Asmin Koalindo Tuhup - Indonesia
  • SGS (Thailand) Limited
  • Metalloyd Limited - United Kingdom
  • Parry Sugars Refinery, India
  • Essar Steel Hazira Ltd - India
  • Gujarat Mineral Development Corp Ltd - India
  • Indian Energy Exchange, India
  • Thai Mozambique Logistica
  • Goldman Sachs - Singapore
  • Coeclerici Indonesia
  • Shenhua Group - China
  • Tamil Nadu electricity Board
  • KPMG - USA
  • Cigading International Bulk Terminal - Indonesia
  • Coaltrans Conferences
  • Jaiprakash Power Ventures ltd
  • ANZ Bank - Australia
  • Qatrana Cement - Jordan
  • Bhoruka Overseas - Indonesia
  • Gupta Coal India Ltd
  • Tata Power - India
  • Bukit Asam (Persero) Tbk - Indonesia
  • Argus Media - Singapore
  • Asia Cement - Taiwan
  • Vizag Seaport Private Limited - India
  • Gujarat Sidhee Cement - India
  • Price Waterhouse Coopers - Russia
  • Barasentosa Lestari - Indonesia
  • Straits Asia Resources Limited - Singapore
  • IHS Mccloskey Coal Group - USA
  • Carbofer General Trading SA - India
  • Indonesian Coal Mining Association
  • Maharashtra Electricity Regulatory Commission - India
  • Peabody Energy - USA
  • Krishnapatnam Port Company Ltd. - India
  • Jorong Barutama Greston.PT - Indonesia
  • Coal India Limited
  • Lafarge - France
  • Bangladesh Power Developement Board
  • Orica Australia Pty. Ltd.
  • Geoservices-GeoAssay Lab
  • Salva Resources Pvt Ltd - India
  • Intertek Mineral Services - Indonesia
  • Vijayanagar Sugar Pvt Ltd - India
  • Total Coal South Africa
  • Rudhra Energy - India
  • SN Aboitiz Power Inc, Philippines
  • Thomson Reuters GRC
  • Holcim Trading Pte Ltd - Singapore
  • Asian Development Bank
  • OCBC - Singapore
  • Infraline Energy - India
  • Chamber of Mines of South Africa
  • McConnell Dowell - Australia
  • Cardiff University - UK
  • Noble Europe Ltd - UK
  • Britmindo - Indonesia
  • Videocon Industries ltd - India
  • Runge Indonesia
  • Sical Logistics Limited - India
  • Rashtriya Ispat Nigam Limited - India
  • Adaro Indonesia
  • Freeport Indonesia
  • VISA Power Limited - India
  • PNOC Exploration Corporation - Philippines
  • Bahari Cakrawala Sebuku - Indonesia
  • Bukit Makmur.PT - Indonesia
  • Marubeni Corporation - India
  • Banpu Public Company Limited - Thailand
  • NTPC Limited - India
  • Commonwealth Bank - Australia
  • Meralco Power Generation, Philippines
  • KEPCO - South Korea
  • Semirara Mining and Power Corporation, Philippines
  • J M Baxi & Co - India
  • Dalmia Cement Bharat India
  • The University of Queensland
  • HSBC - Hong Kong
  • Adani Power Ltd - India
  • Meenaskhi Energy Private Limited - India
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Thiess Contractors Indonesia
  • Arutmin Indonesia
  • TeaM Sual Corporation - Philippines
  • Maheswari Brothers Coal Limited - India
  • Orica Mining Services - Indonesia
  • Kumho Petrochemical, South Korea
  • Madhucon Powers Ltd - India
  • Thermax Limited - India
  • Pinang Coal Indonesia
  • India Bulls Power Limited - India
  • World Bank
  • Tanito Harum - Indonesia
  • GAC Shipping (India) Pvt Ltd
  • Semirara Mining Corp, Philippines
  • Bulk Trading Sa - Switzerland
  • Fearnleys - India
  • Samtan Co., Ltd - South Korea
  • Cemex - Philippines
  • ETA - Dubai
  • Coal and Oil Company - UAE
  • Ministry of Transport, Egypt
  • Sojitz Corporation - Japan
  • Deloitte Consulting - India
  • Platou - Singapore
  • globalCOAL - UK
  • Aboitiz Power Corporation - Philippines
  • TRAFIGURA, South Korea
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Altura Mining Limited, Indonesia
  • Renaissance Capital - South Africa
  • Ministry of Mines - Canada
  • TNB Fuel Sdn Bhd - Malaysia
  • Sakthi Sugars Limited - India