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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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Thursday, 27 January 22
2022 - A YEAR OF REBALANCING FOR METALS AND MINING - WOOD MACKENZIE
If 2021 was the year of rebound for metals and mining (M&M) commodities, then 2022 is shaping as the year of rebalance, says Wood Mackenzie, a ...
Wednesday, 26 January 22
MARKET INSIGHT - INTERMODAL
While it is logical that most of the S&P reports of the first weeks of the year are linked to very limited activity as reflected in the weekly ...
Wednesday, 26 January 22
INDONESIA: DME PROJECT IS ECONOMICALLY VIABLE AS STUDY DEMONSTRATES
The government is encouraging downstream coal processing or increase in coal added value, for example by turning coal into Dimethyl Ether (DME) to ...
Wednesday, 26 January 22
COMMODITY PRICES COULD SOAR IF THE RUSSIA-UKRAINE CRISIS ESCALATES - ING
It appears that a number of commodity markets are starting to at least price in some geopolitical risk around the growing tension between Russia an ...
Wednesday, 26 January 22
INDONESIA'S COAL BAN SENDS PRICES SOARING, OTHER EXPORTERS FAIL TO STEP UP - REUTERS
Indonesia’s short-lived ban on exporting coal has sent ructions through the seaborne market for the fuel in Asia, with the fallout likely to ...
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- GVK Power & Infra Limited - India
- Coalindo Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Electricity Generating Authority of Thailand
- Energy Development Corp, Philippines
- Thai Mozambique Logistica
- Directorate Of Revenue Intelligence - India
- Bhushan Steel Limited - India
- Oldendorff Carriers - Singapore
- India Bulls Power Limited - India
- The Treasury - Australian Government
- Semirara Mining Corp, Philippines
- Energy Link Ltd, New Zealand
- Rio Tinto Coal - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indian Oil Corporation Limited
- Standard Chartered Bank - UAE
- Cigading International Bulk Terminal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Merrill Lynch Commodities Europe
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Malabar Cements Ltd - India
- Essar Steel Hazira Ltd - India
- Kumho Petrochemical, South Korea
- Indika Energy - Indonesia
- Carbofer General Trading SA - India
- Georgia Ports Authority, United States
- Tamil Nadu electricity Board
- Mintek Dendrill Indonesia
- Indian Energy Exchange, India
- PTC India Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- International Coal Ventures Pvt Ltd - India
- Economic Council, Georgia
- Makarim & Taira - Indonesia
- The State Trading Corporation of India Ltd
- Kalimantan Lumbung Energi - Indonesia
- Riau Bara Harum - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Orica Mining Services - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Australian Coal Association
- McConnell Dowell - Australia
- Posco Energy - South Korea
- Maheswari Brothers Coal Limited - India
- Altura Mining Limited, Indonesia
- SN Aboitiz Power Inc, Philippines
- Electricity Authority, New Zealand
- GN Power Mariveles Coal Plant, Philippines
- Bulk Trading Sa - Switzerland
- Interocean Group of Companies - India
- Bangladesh Power Developement Board
- Independent Power Producers Association of India
- Salva Resources Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- ASAPP Information Group - India
- Videocon Industries ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Alfred C Toepfer International GmbH - Germany
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Ministry of Mines - Canada
- Central Java Power - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Sinarmas Energy and Mining - Indonesia
- Trasteel International SA, Italy
- Siam City Cement - Thailand
- Formosa Plastics Group - Taiwan
- Pendopo Energi Batubara - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Finance - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Cement Manufacturers Association - India
- Holcim Trading Pte Ltd - Singapore
- Larsen & Toubro Limited - India
- Latin American Coal - Colombia
- Parliament of New Zealand
- Kepco SPC Power Corporation, Philippines
- Global Business Power Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Mjunction Services Limited - India
- Dalmia Cement Bharat India
- Marubeni Corporation - India
- Globalindo Alam Lestari - Indonesia
- Central Electricity Authority - India
- IEA Clean Coal Centre - UK
- PowerSource Philippines DevCo
- Anglo American - United Kingdom
- Gujarat Sidhee Cement - India
- Simpson Spence & Young - Indonesia
- Jindal Steel & Power Ltd - India
- Ambuja Cements Ltd - India
- Toyota Tsusho Corporation, Japan
- Billiton Holdings Pty Ltd - Australia
- Bhoruka Overseas - Indonesia
- Kartika Selabumi Mining - Indonesia
- South Luzon Thermal Energy Corporation
- Samtan Co., Ltd - South Korea
- Minerals Council of Australia
- Commonwealth Bank - Australia
- Meenaskhi Energy Private Limited - India
- San Jose City I Power Corp, Philippines
- Vizag Seaport Private Limited - India
- CNBM International Corporation - China
- Barasentosa Lestari - Indonesia
- Africa Commodities Group - South Africa
- Uttam Galva Steels Limited - India
- Therma Luzon, Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Goldman Sachs - Singapore
- Chettinad Cement Corporation Ltd - India
- Aboitiz Power Corporation - Philippines
- London Commodity Brokers - England
- Attock Cement Pakistan Limited
- Kapuas Tunggal Persada - Indonesia
- Sindya Power Generating Company Private Ltd
- Leighton Contractors Pty Ltd - Australia
- Vedanta Resources Plc - India
- ICICI Bank Limited - India
- MS Steel International - UAE
- Gujarat Mineral Development Corp Ltd - India
- Heidelberg Cement - Germany
- Petron Corporation, Philippines
- The University of Queensland
- Australian Commodity Traders Exchange
- Kohat Cement Company Ltd. - Pakistan
- Binh Thuan Hamico - Vietnam
- Coal and Oil Company - UAE
- Sojitz Corporation - Japan
- Renaissance Capital - South Africa
- Sakthi Sugars Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kaltim Prima Coal - Indonesia
- Indonesian Coal Mining Association
- Sree Jayajothi Cements Limited - India
- Romanian Commodities Exchange
- Ministry of Transport, Egypt
- Star Paper Mills Limited - India
- Xindia Steels Limited - India
- Antam Resourcindo - Indonesia
- Madhucon Powers Ltd - India
- GAC Shipping (India) Pvt Ltd
- Bayan Resources Tbk. - Indonesia
- Port Waratah Coal Services - Australia
- New Zealand Coal & Carbon
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Parry Sugars Refinery, India
- Bukit Makmur.PT - Indonesia
- VISA Power Limited - India
- Orica Australia Pty. Ltd.
- Wilmar Investment Holdings
- Mercator Lines Limited - India
- Lanco Infratech Ltd - India
- Sical Logistics Limited - India
- European Bulk Services B.V. - Netherlands
- Timah Investasi Mineral - Indoneisa
- Meralco Power Generation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PNOC Exploration Corporation - Philippines
- LBH Netherlands Bv - Netherlands
- Eastern Energy - Thailand
- GMR Energy Limited - India
- Metalloyd Limited - United Kingdom
- Baramulti Group, Indonesia
- Deloitte Consulting - India
- Borneo Indobara - Indonesia
- OPG Power Generation Pvt Ltd - India
- Agrawal Coal Company - India
- Pipit Mutiara Jaya. PT, Indonesia
- Ind-Barath Power Infra Limited - India
- Gujarat Electricity Regulatory Commission - India
- Karaikal Port Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Grasim Industreis Ltd - India
- Indogreen Group - Indonesia
- Mercuria Energy - Indonesia
- Medco Energi Mining Internasional
- Thiess Contractors Indonesia
- SMC Global Power, Philippines
- Straits Asia Resources Limited - Singapore
- Global Green Power PLC Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Aditya Birla Group - India
- Bharathi Cement Corporation - India
- AsiaOL BioFuels Corp., Philippines
- Krishnapatnam Port Company Ltd. - India
- White Energy Company Limited
- Power Finance Corporation Ltd., India
- Jaiprakash Power Ventures ltd
- Planning Commission, India
- Ceylon Electricity Board - Sri Lanka
- Coastal Gujarat Power Limited - India
- Eastern Coal Council - USA
- TNB Fuel Sdn Bhd - Malaysia
- Kideco Jaya Agung - Indonesia
- Banpu Public Company Limited - Thailand
- Chamber of Mines of South Africa
- Sarangani Energy Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Bukit Asam (Persero) Tbk - Indonesia
- Intertek Mineral Services - Indonesia
- Siam City Cement PLC, Thailand
- Wood Mackenzie - Singapore
- Singapore Mercantile Exchange
- Tata Chemicals Ltd - India
- IHS Mccloskey Coal Group - USA
- SMG Consultants - Indonesia
- Edison Trading Spa - Italy
- Kobexindo Tractors - Indoneisa
- TeaM Sual Corporation - Philippines
- Miang Besar Coal Terminal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Bhatia International Limited - India
- Price Waterhouse Coopers - Russia
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