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Thursday, 23 December 21
COAL TO STAY AS MAJOR SOURCE OF ENERGY IN FORESEEABLE FUTURE: JOSHI - BUSINESS STANDARD
Coal will stay as a major source of energy in the foreseeable future as it is an affordable source of energy with substantial reserve, Parliament was informed on Monday.
Despite push for renewables, the country will require base load capacity of coal-based generation for stability and also for energy security, Coal Minister Pralhad Joshi said.
“Being an affordable source of energy with substantial reserve, coal is going to stay as major source of energy in the foreseeable future,” the minister said in a reply to the Rajya Sabha.
He was responding to a query on the steps adopted by the government to effect a ‘Coal Phasedown’ as pledged at the COP26.
The overarching decision titled ‘Glasgow Climate Pact’ reflects the various agreements between parties with regard to coal and fossil fuel subsidies.
The pact calls upon parties to accelerate the development, deployment and dissemination of technologies, and the adoption of policies, to transition towards low emission energy systems, including by rapidly scaling up the deployment of clean power generation, including accelerating efforts towards the phasedown of unabated coal power and phaseout of inefficient fossil fuel subsidies, he said.
It is evident the pact is not mandating the phasedown of coal power, and it is not setting any timelines for that, the minister noted.
Further, it is only ‘calling upon’ parties to accelerate efforts towards the phasedown of unabated coal power in line with national circumstances and recognising the need for support towards a just transition, the minister added.
Paris Agreement is a multilateral treaty for combating climate change. Actions under Paris Agreement are nationally determined, and are undertaken in the context of equity, and common but differentiated responsibilities and respective capabilities, he said.
Accordingly, while India has committed to clean energy; the pace of transition to cleaner energy sources in India is to be viewed in the light of national circumstances, and principle of common but differentiated responsibilities and respective capabilities, the transfer of climate finance and low cost climate technologies.
Source: Business Standard
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Friday, 04 February 22
RENEWABLES ON THE RISE, COAL CONTINUOUSLY FALLING - EUROPEAN COMMISSION
Although oil (34.5%) and natural gas (23.7%) were still the most important fuel sources in the EU energy mix in 2020, renewable energy’s shar ...
Thursday, 03 February 22
COAL SHORTAGE NOW AT ALARMING LEVELS, SAY ALUMINIUM PRODUCERS - IANS
With no relief in sight despite coal stocks running critically low and production disruptions looming across the Indian aluminium sector, the Alumi ...
Wednesday, 02 February 22
HIGH COKING COAL PRICES PROVIDE GLIMPSE INTO STEELMAKING'S FUTURE - MCKINSEY
Last year was a volatile one in global commodity markets. Demand for coking coal, an essential raw material in the production of steel, was extreme ...
Wednesday, 02 February 22
INDONESIA'S RESTRICTIONS ON COMMODITIES RATTLE MARKETS, MORE MOVES LIKELY - REUTERS
In just the first month of this year, Indonesian policymakers have rattled global markets with restrictions on some of its biggest commodities expo ...
Wednesday, 02 February 22
CHINA'S TOP COAL PRODUCER FORECASTS 28 PCT PROFIT GROWTH IN 2021 - XINHUA
China Shenhua Energy Company Limited, one of the country’s biggest coal producers, said its net profits are expected to jump by 28 percent in ...
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- Formosa Plastics Group - Taiwan
- Bangladesh Power Developement Board
- Uttam Galva Steels Limited - India
- Altura Mining Limited, Indonesia
- Global Business Power Corporation, Philippines
- Mjunction Services Limited - India
- Power Finance Corporation Ltd., India
- Eastern Coal Council - USA
- Anglo American - United Kingdom
- Toyota Tsusho Corporation, Japan
- Malabar Cements Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Mercuria Energy - Indonesia
- Orica Mining Services - Indonesia
- Australian Commodity Traders Exchange
- Pipit Mutiara Jaya. PT, Indonesia
- CNBM International Corporation - China
- Tamil Nadu electricity Board
- Mintek Dendrill Indonesia
- Directorate Of Revenue Intelligence - India
- Bukit Baiduri Energy - Indonesia
- Videocon Industries ltd - India
- Semirara Mining Corp, Philippines
- Standard Chartered Bank - UAE
- Miang Besar Coal Terminal - Indonesia
- Central Electricity Authority - India
- IHS Mccloskey Coal Group - USA
- Ministry of Finance - Indonesia
- Karaikal Port Pvt Ltd - India
- Commonwealth Bank - Australia
- Renaissance Capital - South Africa
- Bayan Resources Tbk. - Indonesia
- GMR Energy Limited - India
- PNOC Exploration Corporation - Philippines
- Metalloyd Limited - United Kingdom
- Chettinad Cement Corporation Ltd - India
- Edison Trading Spa - Italy
- VISA Power Limited - India
- Baramulti Group, Indonesia
- Siam City Cement PLC, Thailand
- PowerSource Philippines DevCo
- Timah Investasi Mineral - Indoneisa
- Karbindo Abesyapradhi - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- Wood Mackenzie - Singapore
- Agrawal Coal Company - India
- Dalmia Cement Bharat India
- Sindya Power Generating Company Private Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Gujarat Mineral Development Corp Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Australian Coal Association
- GN Power Mariveles Coal Plant, Philippines
- Kepco SPC Power Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Meenaskhi Energy Private Limited - India
- Energy Development Corp, Philippines
- AsiaOL BioFuels Corp., Philippines
- Attock Cement Pakistan Limited
- Port Waratah Coal Services - Australia
- Sojitz Corporation - Japan
- Lanco Infratech Ltd - India
- Independent Power Producers Association of India
- Wilmar Investment Holdings
- Deloitte Consulting - India
- Essar Steel Hazira Ltd - India
- Gujarat Electricity Regulatory Commission - India
- The Treasury - Australian Government
- Sakthi Sugars Limited - India
- Ministry of Mines - Canada
- Central Java Power - Indonesia
- Electricity Generating Authority of Thailand
- Orica Australia Pty. Ltd.
- Energy Link Ltd, New Zealand
- White Energy Company Limited
- Pendopo Energi Batubara - Indonesia
- Gujarat Sidhee Cement - India
- Latin American Coal - Colombia
- Marubeni Corporation - India
- Ambuja Cements Ltd - India
- Ind-Barath Power Infra Limited - India
- Bhushan Steel Limited - India
- Cigading International Bulk Terminal - Indonesia
- Carbofer General Trading SA - India
- Aboitiz Power Corporation - Philippines
- Jindal Steel & Power Ltd - India
- The University of Queensland
- ASAPP Information Group - India
- SMG Consultants - Indonesia
- Rio Tinto Coal - Australia
- Bharathi Cement Corporation - India
- Intertek Mineral Services - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Jaiprakash Power Ventures ltd
- Indika Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Meralco Power Generation, Philippines
- Aditya Birla Group - India
- San Jose City I Power Corp, Philippines
- Thai Mozambique Logistica
- Indonesian Coal Mining Association
- Maheswari Brothers Coal Limited - India
- Binh Thuan Hamico - Vietnam
- Posco Energy - South Korea
- Parliament of New Zealand
- Tata Chemicals Ltd - India
- Savvy Resources Ltd - HongKong
- CIMB Investment Bank - Malaysia
- Barasentosa Lestari - Indonesia
- London Commodity Brokers - England
- GAC Shipping (India) Pvt Ltd
- Therma Luzon, Inc, Philippines
- Sree Jayajothi Cements Limited - India
- International Coal Ventures Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Sical Logistics Limited - India
- Kalimantan Lumbung Energi - Indonesia
- ICICI Bank Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Cement Manufacturers Association - India
- Petron Corporation, Philippines
- Heidelberg Cement - Germany
- Iligan Light & Power Inc, Philippines
- India Bulls Power Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bahari Cakrawala Sebuku - Indonesia
- Indian Energy Exchange, India
- Electricity Authority, New Zealand
- Indo Tambangraya Megah - Indonesia
- Simpson Spence & Young - Indonesia
- Vizag Seaport Private Limited - India
- Manunggal Multi Energi - Indonesia
- GVK Power & Infra Limited - India
- Alfred C Toepfer International GmbH - Germany
- Eastern Energy - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coastal Gujarat Power Limited - India
- New Zealand Coal & Carbon
- Merrill Lynch Commodities Europe
- Bhatia International Limited - India
- South Luzon Thermal Energy Corporation
- SMC Global Power, Philippines
- Kartika Selabumi Mining - Indonesia
- Romanian Commodities Exchange
- Indian Oil Corporation Limited
- Kideco Jaya Agung - Indonesia
- European Bulk Services B.V. - Netherlands
- Parry Sugars Refinery, India
- Kaltim Prima Coal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Trasteel International SA, Italy
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Thiess Contractors Indonesia
- SN Aboitiz Power Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- MS Steel International - UAE
- Bulk Trading Sa - Switzerland
- IEA Clean Coal Centre - UK
- Antam Resourcindo - Indonesia
- PTC India Limited - India
- Global Coal Blending Company Limited - Australia
- Kobexindo Tractors - Indoneisa
- Siam City Cement - Thailand
- Holcim Trading Pte Ltd - Singapore
- Salva Resources Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Samtan Co., Ltd - South Korea
- Economic Council, Georgia
- Ceylon Electricity Board - Sri Lanka
- Oldendorff Carriers - Singapore
- Globalindo Alam Lestari - Indonesia
- Kumho Petrochemical, South Korea
- PetroVietnam Power Coal Import and Supply Company
- McConnell Dowell - Australia
- Kohat Cement Company Ltd. - Pakistan
- Vedanta Resources Plc - India
- Larsen & Toubro Limited - India
- The State Trading Corporation of India Ltd
- Singapore Mercantile Exchange
- Planning Commission, India
- Georgia Ports Authority, United States
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Chamber of Mines of South Africa
- Interocean Group of Companies - India
- Medco Energi Mining Internasional
- Coalindo Energy - Indonesia
- Star Paper Mills Limited - India
- Kapuas Tunggal Persada - Indonesia
- Indogreen Group - Indonesia
- Global Green Power PLC Corporation, Philippines
- Borneo Indobara - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Goldman Sachs - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Coal and Oil Company - UAE
- Petrochimia International Co. Ltd.- Taiwan
- Banpu Public Company Limited - Thailand
- Bukit Makmur.PT - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Minerals Council of Australia
- Price Waterhouse Coopers - Russia
- Makarim & Taira - Indonesia
- Mercator Lines Limited - India
- Sarangani Energy Corporation, Philippines
- Xindia Steels Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Africa Commodities Group - South Africa
- Ministry of Transport, Egypt
- Directorate General of MIneral and Coal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Madhucon Powers Ltd - India
- Grasim Industreis Ltd - India
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