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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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Wednesday, 13 October 21
FBX INDEX: THE IMPOSSIBILITY OF SHORT-TERM FORECASTING - LARS JENSEN
Will freight rates on Asia-Europe or the Transpacific reach 40.000 USD/FFE in the run-up prior to Chinese New Year 2022? Or will they start droppin ...
Wednesday, 13 October 21
CHINA FLOODS: COAL PRICE HITS FRESH HIGH AS MINES SHUT - BBC
The price of coal used in China’s power plants has surged to a new record high as another of the country’s key mining regions is hit by ...
Tuesday, 12 October 21
BUMA SIGNS CONDITIONAL AGREEMENT FOR AUSTRALIAN ASSET ACQUISITION
PT Tbk. announced that its subsidiary, PT Bukit Makmur Mandiri Utama, through its newly incorporated Australian subsidiary, BUMA International Pty ...
Tuesday, 12 October 21
INDONESIA'S COAL-BASED POWER PLANTS ARE SUBJECT TO CARBON TAX NEXT YEAR, ELECTRICITY COSTS COULD RISE! - CNBC
The Indonesian government is planning plans to implement a carbon tax of IDR 30 per kilogram (kg) of carbon dioxide equivalent (CO2e) or equivalent ...
Monday, 11 October 21
COAL ABANDONMENT IN POWER GENERATION PROMOTED GAS DEMAND GROWTH IN EUROPE - TOP MANAGER: TASS
Accelerated abandonment of coal in power generation and the overall recovery of economic activity facilitated gas demand growth in Europe and led t ...
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- Riau Bara Harum - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- PTC India Limited - India
- Economic Council, Georgia
- PNOC Exploration Corporation - Philippines
- Romanian Commodities Exchange
- Holcim Trading Pte Ltd - Singapore
- Kartika Selabumi Mining - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- IEA Clean Coal Centre - UK
- Carbofer General Trading SA - India
- Kaltim Prima Coal - Indonesia
- Deloitte Consulting - India
- Essar Steel Hazira Ltd - India
- Mjunction Services Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kapuas Tunggal Persada - Indonesia
- Grasim Industreis Ltd - India
- Bulk Trading Sa - Switzerland
- White Energy Company Limited
- Thai Mozambique Logistica
- Minerals Council of Australia
- Global Business Power Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- India Bulls Power Limited - India
- Madhucon Powers Ltd - India
- London Commodity Brokers - England
- AsiaOL BioFuels Corp., Philippines
- Parliament of New Zealand
- Wood Mackenzie - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- ASAPP Information Group - India
- Energy Link Ltd, New Zealand
- Ambuja Cements Ltd - India
- Eastern Coal Council - USA
- Sakthi Sugars Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- The Treasury - Australian Government
- Oldendorff Carriers - Singapore
- Siam City Cement - Thailand
- Simpson Spence & Young - Indonesia
- Coastal Gujarat Power Limited - India
- Semirara Mining Corp, Philippines
- Sinarmas Energy and Mining - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Edison Trading Spa - Italy
- Intertek Mineral Services - Indonesia
- Tata Chemicals Ltd - India
- Sarangani Energy Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Binh Thuan Hamico - Vietnam
- Indo Tambangraya Megah - Indonesia
- GMR Energy Limited - India
- Banpu Public Company Limited - Thailand
- Posco Energy - South Korea
- Makarim & Taira - Indonesia
- Africa Commodities Group - South Africa
- Karaikal Port Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Aboitiz Power Corporation - Philippines
- European Bulk Services B.V. - Netherlands
- Global Green Power PLC Corporation, Philippines
- Altura Mining Limited, Indonesia
- Parry Sugars Refinery, India
- Jindal Steel & Power Ltd - India
- Jaiprakash Power Ventures ltd
- Thiess Contractors Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Metalloyd Limited - United Kingdom
- Semirara Mining and Power Corporation, Philippines
- Energy Development Corp, Philippines
- Vizag Seaport Private Limited - India
- Sojitz Corporation - Japan
- New Zealand Coal & Carbon
- TNB Fuel Sdn Bhd - Malaysia
- Independent Power Producers Association of India
- Bhoruka Overseas - Indonesia
- Malabar Cements Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- SMC Global Power, Philippines
- Pendopo Energi Batubara - Indonesia
- SMG Consultants - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Tamil Nadu electricity Board
- Marubeni Corporation - India
- Global Coal Blending Company Limited - Australia
- Indonesian Coal Mining Association
- Coal and Oil Company - UAE
- Alfred C Toepfer International GmbH - Germany
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indian Oil Corporation Limited
- Kohat Cement Company Ltd. - Pakistan
- Petron Corporation, Philippines
- Uttam Galva Steels Limited - India
- Ind-Barath Power Infra Limited - India
- Mintek Dendrill Indonesia
- Kumho Petrochemical, South Korea
- Merrill Lynch Commodities Europe
- CNBM International Corporation - China
- Meenaskhi Energy Private Limited - India
- Power Finance Corporation Ltd., India
- Orica Mining Services - Indonesia
- Ministry of Finance - Indonesia
- Bukit Baiduri Energy - Indonesia
- MS Steel International - UAE
- GVK Power & Infra Limited - India
- Mercuria Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Ceylon Electricity Board - Sri Lanka
- Bahari Cakrawala Sebuku - Indonesia
- Ministry of Transport, Egypt
- Toyota Tsusho Corporation, Japan
- VISA Power Limited - India
- Kepco SPC Power Corporation, Philippines
- Sical Logistics Limited - India
- Siam City Cement PLC, Thailand
- Latin American Coal - Colombia
- Standard Chartered Bank - UAE
- Gujarat Sidhee Cement - India
- Port Waratah Coal Services - Australia
- Aditya Birla Group - India
- Agrawal Coal Company - India
- Neyveli Lignite Corporation Ltd, - India
- Electricity Authority, New Zealand
- McConnell Dowell - Australia
- Singapore Mercantile Exchange
- Rashtriya Ispat Nigam Limited - India
- Orica Australia Pty. Ltd.
- Bukit Makmur.PT - Indonesia
- Samtan Co., Ltd - South Korea
- Xindia Steels Limited - India
- Lanco Infratech Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Maheswari Brothers Coal Limited - India
- Dalmia Cement Bharat India
- The State Trading Corporation of India Ltd
- Timah Investasi Mineral - Indoneisa
- Renaissance Capital - South Africa
- Kideco Jaya Agung - Indonesia
- Bharathi Cement Corporation - India
- Bhatia International Limited - India
- TeaM Sual Corporation - Philippines
- Medco Energi Mining Internasional
- Central Java Power - Indonesia
- San Jose City I Power Corp, Philippines
- Antam Resourcindo - Indonesia
- Barasentosa Lestari - Indonesia
- Mercator Lines Limited - India
- Kobexindo Tractors - Indoneisa
- Goldman Sachs - Singapore
- Iligan Light & Power Inc, Philippines
- Indogreen Group - Indonesia
- Meralco Power Generation, Philippines
- Salva Resources Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Directorate Of Revenue Intelligence - India
- Wilmar Investment Holdings
- Straits Asia Resources Limited - Singapore
- IHS Mccloskey Coal Group - USA
- The University of Queensland
- Larsen & Toubro Limited - India
- Formosa Plastics Group - Taiwan
- Savvy Resources Ltd - HongKong
- Gujarat Electricity Regulatory Commission - India
- Interocean Group of Companies - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- ICICI Bank Limited - India
- SN Aboitiz Power Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Anglo American - United Kingdom
- Baramulti Group, Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Videocon Industries ltd - India
- Therma Luzon, Inc, Philippines
- Ministry of Mines - Canada
- Georgia Ports Authority, United States
- Bukit Asam (Persero) Tbk - Indonesia
- Australian Commodity Traders Exchange
- LBH Netherlands Bv - Netherlands
- Bhushan Steel Limited - India
- International Coal Ventures Pvt Ltd - India
- Vedanta Resources Plc - India
- Central Electricity Authority - India
- Bangladesh Power Developement Board
- South Luzon Thermal Energy Corporation
- Asmin Koalindo Tuhup - Indonesia
- Indika Energy - Indonesia
- Attock Cement Pakistan Limited
- Planning Commission, India
- Heidelberg Cement - Germany
- Cigading International Bulk Terminal - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Star Paper Mills Limited - India
- Indian Energy Exchange, India
- Trasteel International SA, Italy
- Leighton Contractors Pty Ltd - Australia
- Rio Tinto Coal - Australia
- Australian Coal Association
- Billiton Holdings Pty Ltd - Australia
- Coalindo Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- PowerSource Philippines DevCo
- Globalindo Alam Lestari - Indonesia
- Price Waterhouse Coopers - Russia
- Borneo Indobara - Indonesia
- Eastern Energy - Thailand
- Cement Manufacturers Association - India
- Jorong Barutama Greston.PT - Indonesia
- Commonwealth Bank - Australia
- Chettinad Cement Corporation Ltd - India
- Electricity Generating Authority of Thailand
- Chamber of Mines of South Africa
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