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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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Monday, 06 December 21
CHINA SETS 2022 ANNUAL THERMAL COAL PRICES AT 700 YUAN/T - MEDIA: REUTERS
China’s top economic planner has proposed to set annual thermal coal prices for 2022 at between 550 yuan and 850 yuan ($86-$133) per tonne, a ...
Thursday, 02 December 21
BUMI RECORDED US$ 666.18 MILLION AS REVENUE IN THE 3RD QUARTER, UP 13.31% YOY
PT Bumi Resources Tbk and its subsidiaries have recorded a surge in revenue in the third quarter of 2021. BUMI has recorded US$ 666.18 million as r ...
Thursday, 02 December 21
CHINA'S COAL CRUNCH IS OVER, BUT PRICES ARE STILL TOO HIGH - REUTERS
China’s coal crisis has largely been resolved with gains in both production and stockpiles sufficient to ensure power supplies over winter.
...
Wednesday, 01 December 21
2022 OUTLOOK: INDONESIAN COAL MINING - FITCH RATINGS
Fitch Ratings has a neutral outlook on the Indonesian coal sector for 2022.
Earnings generation should slow down as selling pr ...
Wednesday, 01 December 21
SUPPLY OF COAL TO POWER PLANTS IN NOV MORE THAN CONSUMPTION: JOSHI - PTI
The supply of coal to power plants in November is more than the consumption, resulting in rise in stock of dry fuel at power plants, and this trend ...
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- Agrawal Coal Company - India
- CIMB Investment Bank - Malaysia
- Wood Mackenzie - Singapore
- Chamber of Mines of South Africa
- Siam City Cement - Thailand
- Jorong Barutama Greston.PT - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Indian Energy Exchange, India
- Leighton Contractors Pty Ltd - Australia
- London Commodity Brokers - England
- Bukit Baiduri Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Eastern Energy - Thailand
- Edison Trading Spa - Italy
- Goldman Sachs - Singapore
- Simpson Spence & Young - Indonesia
- PowerSource Philippines DevCo
- Banpu Public Company Limited - Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Trasteel International SA, Italy
- Intertek Mineral Services - Indonesia
- Central Electricity Authority - India
- GAC Shipping (India) Pvt Ltd
- Larsen & Toubro Limited - India
- Binh Thuan Hamico - Vietnam
- Deloitte Consulting - India
- Minerals Council of Australia
- Krishnapatnam Port Company Ltd. - India
- Indonesian Coal Mining Association
- Energy Link Ltd, New Zealand
- South Luzon Thermal Energy Corporation
- Coal and Oil Company - UAE
- Semirara Mining and Power Corporation, Philippines
- Planning Commission, India
- Kartika Selabumi Mining - Indonesia
- Singapore Mercantile Exchange
- IHS Mccloskey Coal Group - USA
- Bhoruka Overseas - Indonesia
- Thiess Contractors Indonesia
- Dalmia Cement Bharat India
- VISA Power Limited - India
- Bulk Trading Sa - Switzerland
- Indo Tambangraya Megah - Indonesia
- Kepco SPC Power Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Xindia Steels Limited - India
- Meralco Power Generation, Philippines
- Uttam Galva Steels Limited - India
- Georgia Ports Authority, United States
- Central Java Power - Indonesia
- Kapuas Tunggal Persada - Indonesia
- ASAPP Information Group - India
- Meenaskhi Energy Private Limited - India
- Straits Asia Resources Limited - Singapore
- Globalindo Alam Lestari - Indonesia
- Energy Development Corp, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Riau Bara Harum - Indonesia
- SMC Global Power, Philippines
- Sojitz Corporation - Japan
- PetroVietnam Power Coal Import and Supply Company
- ICICI Bank Limited - India
- European Bulk Services B.V. - Netherlands
- Marubeni Corporation - India
- Holcim Trading Pte Ltd - Singapore
- Heidelberg Cement - Germany
- Miang Besar Coal Terminal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Petron Corporation, Philippines
- Tamil Nadu electricity Board
- Mintek Dendrill Indonesia
- Indogreen Group - Indonesia
- Siam City Cement PLC, Thailand
- GN Power Mariveles Coal Plant, Philippines
- Samtan Co., Ltd - South Korea
- Bahari Cakrawala Sebuku - Indonesia
- Barasentosa Lestari - Indonesia
- Global Coal Blending Company Limited - Australia
- Ministry of Finance - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Maheswari Brothers Coal Limited - India
- Indika Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- GMR Energy Limited - India
- Mjunction Services Limited - India
- Kaltim Prima Coal - Indonesia
- Electricity Authority, New Zealand
- Orica Mining Services - Indonesia
- Alfred C Toepfer International GmbH - Germany
- PTC India Limited - India
- Manunggal Multi Energi - Indonesia
- Ind-Barath Power Infra Limited - India
- Pendopo Energi Batubara - Indonesia
- Oldendorff Carriers - Singapore
- Eastern Coal Council - USA
- Toyota Tsusho Corporation, Japan
- The University of Queensland
- Anglo American - United Kingdom
- Bukit Makmur.PT - Indonesia
- Renaissance Capital - South Africa
- Timah Investasi Mineral - Indoneisa
- Parry Sugars Refinery, India
- Commonwealth Bank - Australia
- The State Trading Corporation of India Ltd
- Sakthi Sugars Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Bangladesh Power Developement Board
- PNOC Exploration Corporation - Philippines
- Gujarat Sidhee Cement - India
- Global Green Power PLC Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Coastal Gujarat Power Limited - India
- Bayan Resources Tbk. - Indonesia
- Sindya Power Generating Company Private Ltd
- Posco Energy - South Korea
- Asmin Koalindo Tuhup - Indonesia
- Antam Resourcindo - Indonesia
- Makarim & Taira - Indonesia
- Standard Chartered Bank - UAE
- Essar Steel Hazira Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Salva Resources Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Ministry of Mines - Canada
- India Bulls Power Limited - India
- Coalindo Energy - Indonesia
- Malabar Cements Ltd - India
- Price Waterhouse Coopers - Russia
- Cigading International Bulk Terminal - Indonesia
- Savvy Resources Ltd - HongKong
- Semirara Mining Corp, Philippines
- Australian Coal Association
- Merrill Lynch Commodities Europe
- San Jose City I Power Corp, Philippines
- Grasim Industreis Ltd - India
- Parliament of New Zealand
- CNBM International Corporation - China
- Thai Mozambique Logistica
- New Zealand Coal & Carbon
- Romanian Commodities Exchange
- Cement Manufacturers Association - India
- McConnell Dowell - Australia
- IEA Clean Coal Centre - UK
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Metalloyd Limited - United Kingdom
- Economic Council, Georgia
- Orica Australia Pty. Ltd.
- Medco Energi Mining Internasional
- Madhucon Powers Ltd - India
- Africa Commodities Group - South Africa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Attock Cement Pakistan Limited
- Ministry of Transport, Egypt
- Altura Mining Limited, Indonesia
- Directorate Of Revenue Intelligence - India
- Indian Oil Corporation Limited
- TeaM Sual Corporation - Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Electricity Generating Authority of Thailand
- Jindal Steel & Power Ltd - India
- Aboitiz Power Corporation - Philippines
- Kideco Jaya Agung - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Baramulti Group, Indonesia
- Therma Luzon, Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GVK Power & Infra Limited - India
- Rashtriya Ispat Nigam Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Power Finance Corporation Ltd., India
- The Treasury - Australian Government
- Kobexindo Tractors - Indoneisa
- Carbofer General Trading SA - India
- Lanco Infratech Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Wilmar Investment Holdings
- Borneo Indobara - Indonesia
- Port Waratah Coal Services - Australia
- Aditya Birla Group - India
- Global Business Power Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Sical Logistics Limited - India
- Tata Chemicals Ltd - India
- Latin American Coal - Colombia
- Interocean Group of Companies - India
- Rio Tinto Coal - Australia
- Independent Power Producers Association of India
- Gujarat Mineral Development Corp Ltd - India
- Bharathi Cement Corporation - India
- White Energy Company Limited
- Australian Commodity Traders Exchange
- Ceylon Electricity Board - Sri Lanka
- Maharashtra Electricity Regulatory Commission - India
- SMG Consultants - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Sree Jayajothi Cements Limited - India
- Sarangani Energy Corporation, Philippines
- Mercuria Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Bhushan Steel Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Vedanta Resources Plc - India
- Karaikal Port Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Chettinad Cement Corporation Ltd - India
- Vizag Seaport Private Limited - India
- Bhatia International Limited - India
- MS Steel International - UAE
- Ambuja Cements Ltd - India
- Star Paper Mills Limited - India
- Formosa Plastics Group - Taiwan
- Mercator Lines Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Videocon Industries ltd - India
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