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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, 23 December 21
INDONESIA’S 2022 COAL OUTPUT SEEN BETWEEN 637 MLN-664 MLN T- OFFICIAL - REUTERS
Indonesia’s 2022 coal output is estimated at between 637 million to 664 million tonnes based on production plans currently being finalised, s ...
Thursday, 23 December 21
VALE ANNOUNCES THE SALE OF ITS COAL ASSETS
Vale informs that, on this date, it has entered into a binding agreement with Vulcan to sell the Moatize coal mine and the Nacala Logistics Corrido ...
Thursday, 23 December 21
INDIA: CAPTIVE POWER PRODUCERS URGE GOVT TO ENSURE NORMAL COAL SUPPLIES - PTI
A captive power producers’ association has urged the government for 100 per cent normalisation of coal supply to captive power producers whil ...
Thursday, 23 December 21
MARKET INSIGHT - INTERMODAL
As an outstanding year for the dry bulk freight market comes to a close, so does a thriving year for the SnP market which can only be compared to 2 ...
Tuesday, 14 December 21
COAL LOCK-IN IN SOUTHEAST ASIA PRESENTS A CHALLENGE FOR THE ASIAN DEVELOPMENT BANK'S COAL RETIREMENT PLAN - IEEFA
In August, the Asian Development Bank (ADB) announced an ambitious plan to buy high emissions coal-fired power plants in Southeast Asia and retire ...
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- Aditya Birla Group - India
- Videocon Industries ltd - India
- Krishnapatnam Port Company Ltd. - India
- Globalindo Alam Lestari - Indonesia
- San Jose City I Power Corp, Philippines
- SMC Global Power, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bhatia International Limited - India
- Karbindo Abesyapradhi - Indoneisa
- London Commodity Brokers - England
- Sical Logistics Limited - India
- Manunggal Multi Energi - Indonesia
- Attock Cement Pakistan Limited
- Thai Mozambique Logistica
- Vijayanagar Sugar Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Banpu Public Company Limited - Thailand
- Rashtriya Ispat Nigam Limited - India
- Cement Manufacturers Association - India
- Directorate General of MIneral and Coal - Indonesia
- Pendopo Energi Batubara - Indonesia
- Energy Development Corp, Philippines
- Electricity Generating Authority of Thailand
- Renaissance Capital - South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Power Finance Corporation Ltd., India
- Sinarmas Energy and Mining - Indonesia
- Karaikal Port Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Intertek Mineral Services - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Altura Mining Limited, Indonesia
- Chettinad Cement Corporation Ltd - India
- SMG Consultants - Indonesia
- Kumho Petrochemical, South Korea
- Ministry of Transport, Egypt
- South Luzon Thermal Energy Corporation
- Coal and Oil Company - UAE
- Kepco SPC Power Corporation, Philippines
- Bharathi Cement Corporation - India
- Kideco Jaya Agung - Indonesia
- Electricity Authority, New Zealand
- Goldman Sachs - Singapore
- Thiess Contractors Indonesia
- Parliament of New Zealand
- Orica Australia Pty. Ltd.
- Directorate Of Revenue Intelligence - India
- Bukit Baiduri Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- Antam Resourcindo - Indonesia
- Global Green Power PLC Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Bhushan Steel Limited - India
- The Treasury - Australian Government
- Sree Jayajothi Cements Limited - India
- Ministry of Mines - Canada
- CIMB Investment Bank - Malaysia
- Ceylon Electricity Board - Sri Lanka
- Ambuja Cements Ltd - India
- Binh Thuan Hamico - Vietnam
- Global Business Power Corporation, Philippines
- Africa Commodities Group - South Africa
- Leighton Contractors Pty Ltd - Australia
- Iligan Light & Power Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Minerals Council of Australia
- New Zealand Coal & Carbon
- Economic Council, Georgia
- Central Java Power - Indonesia
- Commonwealth Bank - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Singapore Mercantile Exchange
- Independent Power Producers Association of India
- Kalimantan Lumbung Energi - Indonesia
- Marubeni Corporation - India
- Romanian Commodities Exchange
- VISA Power Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Merrill Lynch Commodities Europe
- Meralco Power Generation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- TeaM Sual Corporation - Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Coal Blending Company Limited - Australia
- PowerSource Philippines DevCo
- Semirara Mining and Power Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Gujarat Electricity Regulatory Commission - India
- Trasteel International SA, Italy
- Interocean Group of Companies - India
- GVK Power & Infra Limited - India
- Central Electricity Authority - India
- Timah Investasi Mineral - Indoneisa
- Wood Mackenzie - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Sojitz Corporation - Japan
- Agrawal Coal Company - India
- PNOC Exploration Corporation - Philippines
- Tata Chemicals Ltd - India
- Mintek Dendrill Indonesia
- Ministry of Finance - Indonesia
- Barasentosa Lestari - Indonesia
- White Energy Company Limited
- Samtan Co., Ltd - South Korea
- Indogreen Group - Indonesia
- Sindya Power Generating Company Private Ltd
- Simpson Spence & Young - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- ICICI Bank Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Heidelberg Cement - Germany
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Meenaskhi Energy Private Limited - India
- Australian Commodity Traders Exchange
- TNB Fuel Sdn Bhd - Malaysia
- Kaltim Prima Coal - Indonesia
- Medco Energi Mining Internasional
- Sarangani Energy Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Indian Energy Exchange, India
- Jaiprakash Power Ventures ltd
- Cigading International Bulk Terminal - Indonesia
- Chamber of Mines of South Africa
- Mercuria Energy - Indonesia
- GMR Energy Limited - India
- Vedanta Resources Plc - India
- Kohat Cement Company Ltd. - Pakistan
- Borneo Indobara - Indonesia
- Lanco Infratech Ltd - India
- Georgia Ports Authority, United States
- Siam City Cement - Thailand
- Eastern Energy - Thailand
- Neyveli Lignite Corporation Ltd, - India
- European Bulk Services B.V. - Netherlands
- Latin American Coal - Colombia
- Bukit Makmur.PT - Indonesia
- SN Aboitiz Power Inc, Philippines
- Standard Chartered Bank - UAE
- The University of Queensland
- Siam City Cement PLC, Thailand
- Mjunction Services Limited - India
- MS Steel International - UAE
- Australian Coal Association
- Toyota Tsusho Corporation, Japan
- Bangladesh Power Developement Board
- Xindia Steels Limited - India
- Essar Steel Hazira Ltd - India
- Riau Bara Harum - Indonesia
- Sakthi Sugars Limited - India
- Grasim Industreis Ltd - India
- Petron Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Madhucon Powers Ltd - India
- Vizag Seaport Private Limited - India
- Coastal Gujarat Power Limited - India
- Aboitiz Power Corporation - Philippines
- Straits Asia Resources Limited - Singapore
- IHS Mccloskey Coal Group - USA
- Gujarat Sidhee Cement - India
- Oldendorff Carriers - Singapore
- ASAPP Information Group - India
- Therma Luzon, Inc, Philippines
- Jindal Steel & Power Ltd - India
- Deloitte Consulting - India
- Indonesian Coal Mining Association
- IEA Clean Coal Centre - UK
- Bulk Trading Sa - Switzerland
- Gujarat Mineral Development Corp Ltd - India
- Eastern Coal Council - USA
- Coalindo Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Dalmia Cement Bharat India
- PTC India Limited - India
- Indika Energy - Indonesia
- Semirara Mining Corp, Philippines
- Billiton Holdings Pty Ltd - Australia
- LBH Netherlands Bv - Netherlands
- Tamil Nadu electricity Board
- Maheswari Brothers Coal Limited - India
- Edison Trading Spa - Italy
- Energy Link Ltd, New Zealand
- Planning Commission, India
- Mercator Lines Limited - India
- Port Waratah Coal Services - Australia
- Parry Sugars Refinery, India
- AsiaOL BioFuels Corp., Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Price Waterhouse Coopers - Russia
- Posco Energy - South Korea
- The State Trading Corporation of India Ltd
- Indo Tambangraya Megah - Indonesia
- OPG Power Generation Pvt Ltd - India
- Makarim & Taira - Indonesia
- Baramulti Group, Indonesia
- Kartika Selabumi Mining - Indonesia
- CNBM International Corporation - China
- Salva Resources Pvt Ltd - India
- McConnell Dowell - Australia
- India Bulls Power Limited - India
- Larsen & Toubro Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Malabar Cements Ltd - India
- Wilmar Investment Holdings
- Star Paper Mills Limited - India
- Orica Mining Services - Indonesia
- Uttam Galva Steels Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Indian Oil Corporation Limited
- Metalloyd Limited - United Kingdom
- Rio Tinto Coal - Australia
- Carbofer General Trading SA - India
- Anglo American - United Kingdom
- Bayan Resources Tbk. - Indonesia
- Ind-Barath Power Infra Limited - India
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