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Monday, 18 April 22
DEMAND FOR THERMAL COAL TO RISE DUE TO INCREASE IN ELECTRICITY DEMAND: INDIAN COAL MINISTRY - PTI
Coal block allocatees have a golden opportunity to augment production as the demand for thermal coal will rise due to an increase in electricity demand, according to a senior government official.
There are reports of coal shortages amid rising demand for electricity with the onset of summer season.
New coal blocks are being allocated for commercial mining and prospective bidders have shown encouraging responses for these blocks. Some of these blocks have started coal production within a year of allocation, the coal ministry said in a statement on Tuesday.
“Coal block allocatees have a golden opportunity for increasing coal production as the price of imported coal is very high at the moment and demand of thermal coal will increase due to increase in electricity demand of country,” Coal Secretary Anil Kumar Jain said.
The production from captive coal blocks registered an increase of 35 per cent to 85 million tonnes in FY22.
It was at 63 million tonnes in FY21.
“The nominated authority, Ministry of Coal has reviewed the production of coal with allocatees of captive coal blocks whose coal blocks have either commenced production or are likely to commence production during the financial year 2022-23,” the statement said.
The review meeting was chaired by Jain.
The coal ministry has taken consistent initiatives to increase the production of coal from captive mines.
Presently, 106 coal blocks have been allocated under the Coal Mines (Special Provisions) Act, 2015 and mine opening permissions have been given for 47 mines.
It is likely to rise to 60 coal blocks in FY’23.
The annual peak rated capacity of operational coal blocks will be around 230 million tonnes and the dry fuel output will be increased substantially to more than 140 million tonnes in the ongoing financial year.
In October last year, many states complained about shortage of coal for power plants and some of them also faced electricity outages for several hours a day.
Source: PTI
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Saturday, 11 June 22
AIMTEK INTERNATIONAL CONFERENCE AND AWARDS
Press Release: The prestigious AIMTEK International Conference and Awards concluded successfully on June 7th, 2022 at Radisson Blu, Yas Island Abu ...
Thursday, 26 May 22
MARKET INSIGHT - INTERMODAL
The newbuilding market activity has been significantly positive from a dry bulk owner perspective during the first half of 2022. Indeed, the contra ...
Wednesday, 18 May 22
INDONESIAN COAL PRICE REFERENCE DROPPED 4.42% IN MAY
COALspot.com: Indonesian Coal Price Reference for May delivery drops 4.42 per cent month on month.
The Indonesian Coal Price Referen ...
Thursday, 12 May 22
MARKET INSIGHT - INTERMODAL
Almost through half of the year, the overall shipping market continues to show signs of healthiness, after plenty of festivities and holidays that ...
Wednesday, 27 April 22
EUROPEAN UNION'S LNG IMPORTS - BANCHERO COSTA
In 2021, the European Union (27) was the third largest seaborne importer of LNG in the world, with a 15.8% share.
It followed Mainla ...
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Rio Tinto Coal - Australia
- Mintek Dendrill Indonesia
- Antam Resourcindo - Indonesia
- London Commodity Brokers - England
- Indonesian Coal Mining Association
- Alfred C Toepfer International GmbH - Germany
- Orica Australia Pty. Ltd.
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- Medco Energi Mining Internasional
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- The State Trading Corporation of India Ltd
- Price Waterhouse Coopers - Russia
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- SMC Global Power, Philippines
- ASAPP Information Group - India
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- Petron Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- IEA Clean Coal Centre - UK
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- Energy Development Corp, Philippines
- Trasteel International SA, Italy
- Indian Oil Corporation Limited
- Merrill Lynch Commodities Europe
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- Leighton Contractors Pty Ltd - Australia
- Simpson Spence & Young - Indonesia
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- Global Business Power Corporation, Philippines
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- VISA Power Limited - India
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- Minerals Council of Australia
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indika Energy - Indonesia
- Bangladesh Power Developement Board
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- Global Coal Blending Company Limited - Australia
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- Indian Energy Exchange, India
- International Coal Ventures Pvt Ltd - India
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- The University of Queensland
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- Parliament of New Zealand
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- Madhucon Powers Ltd - India
- Metalloyd Limited - United Kingdom
- Latin American Coal - Colombia
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- GN Power Mariveles Coal Plant, Philippines
- Miang Besar Coal Terminal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- European Bulk Services B.V. - Netherlands
- Binh Thuan Hamico - Vietnam
- Bhushan Steel Limited - India
- Economic Council, Georgia
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Orica Mining Services - Indonesia
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- Xindia Steels Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Romanian Commodities Exchange
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- Kalimantan Lumbung Energi - Indonesia
- Kideco Jaya Agung - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- MS Steel International - UAE
- Intertek Mineral Services - Indonesia
- Uttam Galva Steels Limited - India
- McConnell Dowell - Australia
- Bhatia International Limited - India
- Ministry of Mines - Canada
- Anglo American - United Kingdom
- GVK Power & Infra Limited - India
- Coastal Gujarat Power Limited - India
- Singapore Mercantile Exchange
- Indogreen Group - Indonesia
- Sarangani Energy Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Borneo Indobara - Indonesia
- Posco Energy - South Korea
- Iligan Light & Power Inc, Philippines
- Bulk Trading Sa - Switzerland
- Thiess Contractors Indonesia
- Commonwealth Bank - Australia
- Jaiprakash Power Ventures ltd
- Planning Commission, India
- Ceylon Electricity Board - Sri Lanka
- The Treasury - Australian Government
- Timah Investasi Mineral - Indoneisa
- Holcim Trading Pte Ltd - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- OPG Power Generation Pvt Ltd - India
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- Chamber of Mines of South Africa
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- Standard Chartered Bank - UAE
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- Therma Luzon, Inc, Philippines
- Wilmar Investment Holdings
- Ministry of Transport, Egypt
- Riau Bara Harum - Indonesia
- LBH Netherlands Bv - Netherlands
- Oldendorff Carriers - Singapore
- Ind-Barath Power Infra Limited - India
- Coalindo Energy - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Australian Coal Association
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- PNOC Exploration Corporation - Philippines
- Directorate General of MIneral and Coal - Indonesia
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- White Energy Company Limited
- Independent Power Producers Association of India
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- Siam City Cement PLC, Thailand
- Thai Mozambique Logistica
- New Zealand Coal & Carbon
- CNBM International Corporation - China
- Bukit Baiduri Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Australian Commodity Traders Exchange
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- Heidelberg Cement - Germany
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- Deloitte Consulting - India
- Indo Tambangraya Megah - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Marubeni Corporation - India
- Billiton Holdings Pty Ltd - Australia
- Energy Link Ltd, New Zealand
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- Makarim & Taira - Indonesia
- IHS Mccloskey Coal Group - USA
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- Electricity Authority, New Zealand
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- Port Waratah Coal Services - Australia
- Semirara Mining Corp, Philippines
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- PowerSource Philippines DevCo
- Coal and Oil Company - UAE
- India Bulls Power Limited - India
- Cement Manufacturers Association - India
- Tamil Nadu electricity Board
- Baramulti Group, Indonesia
- Straits Asia Resources Limited - Singapore
- Wood Mackenzie - Singapore
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