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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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Thursday, 25 November 21
SE ASIA POWER DEMAND TO RISE AS STATE SUPPORT MITIGATES COVID-19 IMPACT - FITCH RATINGS
Electricity demand in south-east Asia is likely to increase in 2021, following slow growth or contraction in 2020, thanks to state support that has ...
Thursday, 25 November 21
FITCH RATINGS INCREASES MOST GLOBAL METALS AND MINING PRICE ASSUMPTIONS - FITCH RATINGS
Fitch Ratings has increased most metals and mining price assumptions, particularly those that benefit from increased longer-term demand due to glob ...
Thursday, 25 November 21
CHINA'S COAL PRICE DROPS IN MID-NOVEMBER AMID GOVERNMENT’S SWEEPING MEASURES - GLOBAL TIMES
China’s coal prices have dropped significantly in mid-November compared with the beginning of the month, with the price of coking coal and co ...
Wednesday, 24 November 21
MARKET INSIGHT - INTERMODAL
Inflation is the word that has dominated the meetings of foreign leaders and finance ministers in recent weeks, as rising energy costs, supply chai ...
Wednesday, 24 November 21
WHY THIS MINING ANALYST IS UPBEAT ON THE IRON ORE PRICE FORECAST - MOTLEY FOOL
In many ways, 2021 can be called the year of the iron ore price. Much of the talk of the ASX town this year has revolved around this key economic m ...
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- Indo Tambangraya Megah - Indonesia
- Globalindo Alam Lestari - Indonesia
- Electricity Generating Authority of Thailand
- Ministry of Mines - Canada
- Aditya Birla Group - India
- Parry Sugars Refinery, India
- Coastal Gujarat Power Limited - India
- Indian Oil Corporation Limited
- Maheswari Brothers Coal Limited - India
- Essar Steel Hazira Ltd - India
- Billiton Holdings Pty Ltd - Australia
- CNBM International Corporation - China
- Kalimantan Lumbung Energi - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bukit Makmur.PT - Indonesia
- Riau Bara Harum - Indonesia
- Tamil Nadu electricity Board
- Karaikal Port Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Carbofer General Trading SA - India
- Kohat Cement Company Ltd. - Pakistan
- IHS Mccloskey Coal Group - USA
- Petrochimia International Co. Ltd.- Taiwan
- Port Waratah Coal Services - Australia
- Altura Mining Limited, Indonesia
- Deloitte Consulting - India
- TeaM Sual Corporation - Philippines
- Global Green Power PLC Corporation, Philippines
- Bhatia International Limited - India
- Bangladesh Power Developement Board
- Petron Corporation, Philippines
- Central Electricity Authority - India
- Leighton Contractors Pty Ltd - Australia
- International Coal Ventures Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Marubeni Corporation - India
- Uttam Galva Steels Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Baramulti Group, Indonesia
- ICICI Bank Limited - India
- London Commodity Brokers - England
- VISA Power Limited - India
- White Energy Company Limited
- Intertek Mineral Services - Indonesia
- Orica Australia Pty. Ltd.
- Mercuria Energy - Indonesia
- Indian Energy Exchange, India
- Metalloyd Limited - United Kingdom
- PowerSource Philippines DevCo
- Directorate General of MIneral and Coal - Indonesia
- Mjunction Services Limited - India
- Vedanta Resources Plc - India
- Barasentosa Lestari - Indonesia
- SMG Consultants - Indonesia
- Kartika Selabumi Mining - Indonesia
- GAC Shipping (India) Pvt Ltd
- Formosa Plastics Group - Taiwan
- Latin American Coal - Colombia
- Bahari Cakrawala Sebuku - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Salva Resources Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Semirara Mining and Power Corporation, Philippines
- GVK Power & Infra Limited - India
- SMC Global Power, Philippines
- Antam Resourcindo - Indonesia
- Sojitz Corporation - Japan
- ASAPP Information Group - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kapuas Tunggal Persada - Indonesia
- Sical Logistics Limited - India
- Minerals Council of Australia
- Gujarat Sidhee Cement - India
- Price Waterhouse Coopers - Russia
- Bhoruka Overseas - Indonesia
- Edison Trading Spa - Italy
- Therma Luzon, Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- Xindia Steels Limited - India
- Ceylon Electricity Board - Sri Lanka
- Singapore Mercantile Exchange
- The State Trading Corporation of India Ltd
- Cigading International Bulk Terminal - Indonesia
- Vizag Seaport Private Limited - India
- Lanco Infratech Ltd - India
- Australian Coal Association
- Interocean Group of Companies - India
- Australian Commodity Traders Exchange
- Bhushan Steel Limited - India
- Bukit Baiduri Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Power Finance Corporation Ltd., India
- Asmin Koalindo Tuhup - Indonesia
- Pendopo Energi Batubara - Indonesia
- Jindal Steel & Power Ltd - India
- The University of Queensland
- Grasim Industreis Ltd - India
- Orica Mining Services - Indonesia
- PTC India Limited - India
- GMR Energy Limited - India
- Straits Asia Resources Limited - Singapore
- Medco Energi Mining Internasional
- Ambuja Cements Ltd - India
- Mintek Dendrill Indonesia
- Bulk Trading Sa - Switzerland
- MS Steel International - UAE
- Electricity Authority, New Zealand
- European Bulk Services B.V. - Netherlands
- Sarangani Energy Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Wood Mackenzie - Singapore
- Ministry of Finance - Indonesia
- Toyota Tsusho Corporation, Japan
- AsiaOL BioFuels Corp., Philippines
- Madhucon Powers Ltd - India
- Goldman Sachs - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Renaissance Capital - South Africa
- San Jose City I Power Corp, Philippines
- Mercator Lines Limited - India
- Africa Commodities Group - South Africa
- Sinarmas Energy and Mining - Indonesia
- Siam City Cement PLC, Thailand
- Makarim & Taira - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Indogreen Group - Indonesia
- Oldendorff Carriers - Singapore
- Thiess Contractors Indonesia
- Semirara Mining Corp, Philippines
- Tata Chemicals Ltd - India
- The Treasury - Australian Government
- PetroVietnam Power Coal Import and Supply Company
- Anglo American - United Kingdom
- Wilmar Investment Holdings
- Georgia Ports Authority, United States
- Timah Investasi Mineral - Indoneisa
- Videocon Industries ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Agrawal Coal Company - India
- Economic Council, Georgia
- Rashtriya Ispat Nigam Limited - India
- Bayan Resources Tbk. - Indonesia
- Holcim Trading Pte Ltd - Singapore
- LBH Netherlands Bv - Netherlands
- Chamber of Mines of South Africa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- McConnell Dowell - Australia
- Star Paper Mills Limited - India
- Thai Mozambique Logistica
- Merrill Lynch Commodities Europe
- SN Aboitiz Power Inc, Philippines
- New Zealand Coal & Carbon
- Jaiprakash Power Ventures ltd
- Simpson Spence & Young - Indonesia
- Malabar Cements Ltd - India
- Ind-Barath Power Infra Limited - India
- Sakthi Sugars Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Ministry of Transport, Egypt
- Iligan Light & Power Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Siam City Cement - Thailand
- Eastern Coal Council - USA
- Parliament of New Zealand
- Energy Development Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Trasteel International SA, Italy
- Indika Energy - Indonesia
- Heidelberg Cement - Germany
- Gujarat Mineral Development Corp Ltd - India
- Savvy Resources Ltd - HongKong
- Sree Jayajothi Cements Limited - India
- South Luzon Thermal Energy Corporation
- IEA Clean Coal Centre - UK
- Neyveli Lignite Corporation Ltd, - India
- Kumho Petrochemical, South Korea
- Central Java Power - Indonesia
- Aboitiz Power Corporation - Philippines
- OPG Power Generation Pvt Ltd - India
- Independent Power Producers Association of India
- Kobexindo Tractors - Indoneisa
- Borneo Indobara - Indonesia
- Commonwealth Bank - Australia
- Energy Link Ltd, New Zealand
- Meralco Power Generation, Philippines
- PNOC Exploration Corporation - Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Kideco Jaya Agung - Indonesia
- Romanian Commodities Exchange
- Directorate Of Revenue Intelligence - India
- Bharathi Cement Corporation - India
- Posco Energy - South Korea
- Coal and Oil Company - UAE
- Rio Tinto Coal - Australia
- Cement Manufacturers Association - India
- CIMB Investment Bank - Malaysia
- Maharashtra Electricity Regulatory Commission - India
- Planning Commission, India
- Kaltim Prima Coal - Indonesia
- Binh Thuan Hamico - Vietnam
- Eastern Energy - Thailand
- Indonesian Coal Mining Association
- Meenaskhi Energy Private Limited - India
- Standard Chartered Bank - UAE
- Gujarat Electricity Regulatory Commission - India
- Attock Cement Pakistan Limited
- Global Coal Blending Company Limited - Australia
- Dalmia Cement Bharat India
- India Bulls Power Limited - India
- Coalindo Energy - Indonesia
- Larsen & Toubro Limited - India
- Global Business Power Corporation, Philippines
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