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Friday, 10 November 23
INDIA: NATIONAL COAL INDEX RISES 3.83 POINTS IN SEPTEMBER AMID HIGHER DEMAND - LIVEMINT
The National Coal Index (NCI) rose 3.83 points to 143.91 in September amid growing demand for coal.
The union coal ministry on Tuesday said this is the first increase in the index since April 2023. “This incline was influenced by temporary rise of coal prices in global markets,” it said.
NCI is a price index combining the prices of coal from all the sales channels, notified prices, auction prices and import prices. It is used to determine the premium, on a per-tonne basis or revenue share on a percentage basis based on a market-based mechanism.
According to the ministry, the upward movement in the index indicates rising demand for coal because of the upcoming festive season and winter in the country, which will encourage coal producer to take maximum benefit by further scaling-up domestic coal production to meet the growing energy demands.
The National Coal Index (NCI) was rolled out on 4 June 2020 and it is a price index that reflects the change in price of coal on a particular month relative to the fixed base year.
In the past few months, India has witnessed an increase in demand for coal, largely from the power sector with surging power demand. Imports of coal by power plants have also continued as the power ministry has mandated all gencos to blend imported coal.
So far in FY24 (April-October) India has produced 507.01 million metric tonne coal with a 13.02% year-on-year growth. The government aims to take the annual production this fiscal to $1 billion tonne.
The captive and commercial mines have so far produced 75.94 million tonne and are expected to reach 162 million tonne by the end of the fiscal.
In FY23, India had produced 893.19 million tonne coal with a 14.77% growth over the previous year.
Source: Livemint
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Wednesday, 22 March 23
WILL LOWER GAS PRICES SPARK SWITCHING IN EUROPE AND ASIA?
Record high prices devastated demand for gas and LNG across Asia and Europe last year. But with prices falling, companies are starting to re-evalua ...
Monday, 20 March 23
NTPC MULLS 5.4 MILLION TONNES COAL IMPORT IN FIRST HALF OF 2023-24: PTI
State-run power giant NTPC is planning to import around 5.4 million tonnes of coal to meet the supply shortage during the first half 2023-24 fiscal ...
Monday, 20 March 23
S. AFRICA’S EXXARO RESOURCES SAYS COAL PRICES COOLING OFF - REUTERS
South Africa’s Exxaro Resources on Thursday posted a 28% jump in 2022 profit after seeing average coal prices surge more than 150%, but warne ...
Saturday, 18 March 23
RUSSIAN LNG EXPORTS TO EUROPE REMAIN HIGH - VESSELS VALUE
Russian LNG exports to Europe remained at very high levels in February at 3.6 million CBM, following a 13 month high in January of 4.1 million CBM. ...
Saturday, 18 March 23
HEDGE TO OFFSET LNG VOLATILITY, TRADERS TOLD - BALTIC EXCHANGE
A shift in imports from Asia to Europe led to significant volatility in liquefied natural gas shipping last year, prompting industry experts to urg ...
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- Interocean Group of Companies - India
- Vizag Seaport Private Limited - India
- Bukit Makmur.PT - Indonesia
- Africa Commodities Group - South Africa
- Trasteel International SA, Italy
- Ceylon Electricity Board - Sri Lanka
- Energy Development Corp, Philippines
- Sindya Power Generating Company Private Ltd
- Coal and Oil Company - UAE
- Essar Steel Hazira Ltd - India
- Semirara Mining Corp, Philippines
- Kobexindo Tractors - Indoneisa
- South Luzon Thermal Energy Corporation
- Global Green Power PLC Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Orica Mining Services - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Thai Mozambique Logistica
- Lanco Infratech Ltd - India
- London Commodity Brokers - England
- Heidelberg Cement - Germany
- TeaM Sual Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- Energy Link Ltd, New Zealand
- Semirara Mining and Power Corporation, Philippines
- India Bulls Power Limited - India
- Indika Energy - Indonesia
- Mercator Lines Limited - India
- Parry Sugars Refinery, India
- Latin American Coal - Colombia
- Metalloyd Limited - United Kingdom
- White Energy Company Limited
- Singapore Mercantile Exchange
- Australian Coal Association
- Bukit Asam (Persero) Tbk - Indonesia
- Kepco SPC Power Corporation, Philippines
- Independent Power Producers Association of India
- Sojitz Corporation - Japan
- GMR Energy Limited - India
- International Coal Ventures Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- ASAPP Information Group - India
- Pendopo Energi Batubara - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Kideco Jaya Agung - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Romanian Commodities Exchange
- GVK Power & Infra Limited - India
- Electricity Authority, New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- Indogreen Group - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Riau Bara Harum - Indonesia
- Attock Cement Pakistan Limited
- Georgia Ports Authority, United States
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Goldman Sachs - Singapore
- Borneo Indobara - Indonesia
- Gujarat Sidhee Cement - India
- Orica Australia Pty. Ltd.
- Coastal Gujarat Power Limited - India
- Edison Trading Spa - Italy
- San Jose City I Power Corp, Philippines
- Tata Chemicals Ltd - India
- Xindia Steels Limited - India
- Savvy Resources Ltd - HongKong
- Deloitte Consulting - India
- Salva Resources Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Videocon Industries ltd - India
- Ministry of Mines - Canada
- Medco Energi Mining Internasional
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Maheswari Brothers Coal Limited - India
- Meralco Power Generation, Philippines
- Madhucon Powers Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- VISA Power Limited - India
- Toyota Tsusho Corporation, Japan
- PowerSource Philippines DevCo
- The University of Queensland
- Ministry of Transport, Egypt
- Barasentosa Lestari - Indonesia
- Mintek Dendrill Indonesia
- Banpu Public Company Limited - Thailand
- Neyveli Lignite Corporation Ltd, - India
- AsiaOL BioFuels Corp., Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Ambuja Cements Ltd - India
- Star Paper Mills Limited - India
- Simpson Spence & Young - Indonesia
- Karaikal Port Pvt Ltd - India
- Grasim Industreis Ltd - India
- Renaissance Capital - South Africa
- Bukit Baiduri Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- Altura Mining Limited, Indonesia
- Central Java Power - Indonesia
- Intertek Mineral Services - Indonesia
- Chamber of Mines of South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- New Zealand Coal & Carbon
- Agrawal Coal Company - India
- Larsen & Toubro Limited - India
- Coalindo Energy - Indonesia
- Power Finance Corporation Ltd., India
- Thiess Contractors Indonesia
- Gujarat Electricity Regulatory Commission - India
- PetroVietnam Power Coal Import and Supply Company
- Ministry of Finance - Indonesia
- The Treasury - Australian Government
- Therma Luzon, Inc, Philippines
- Mjunction Services Limited - India
- Baramulti Group, Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Eastern Energy - Thailand
- Indian Oil Corporation Limited
- The State Trading Corporation of India Ltd
- Bhushan Steel Limited - India
- Kalimantan Lumbung Energi - Indonesia
- CNBM International Corporation - China
- Miang Besar Coal Terminal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Australian Commodity Traders Exchange
- SMC Global Power, Philippines
- Port Waratah Coal Services - Australia
- MS Steel International - UAE
- Manunggal Multi Energi - Indonesia
- Cement Manufacturers Association - India
- OPG Power Generation Pvt Ltd - India
- Central Electricity Authority - India
- Economic Council, Georgia
- Electricity Generating Authority of Thailand
- Directorate General of MIneral and Coal - Indonesia
- Mercuria Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Antam Resourcindo - Indonesia
- Bangladesh Power Developement Board
- Meenaskhi Energy Private Limited - India
- PTC India Limited - India
- Sinarmas Energy and Mining - Indonesia
- Parliament of New Zealand
- Kaltim Prima Coal - Indonesia
- Formosa Plastics Group - Taiwan
- Kumho Petrochemical, South Korea
- IEA Clean Coal Centre - UK
- Kapuas Tunggal Persada - Indonesia
- SMG Consultants - Indonesia
- PNOC Exploration Corporation - Philippines
- Directorate Of Revenue Intelligence - India
- Petron Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Vedanta Resources Plc - India
- Kartika Selabumi Mining - Indonesia
- Global Coal Blending Company Limited - Australia
- Sakthi Sugars Limited - India
- ICICI Bank Limited - India
- Krishnapatnam Port Company Ltd. - India
- Bayan Resources Tbk. - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Standard Chartered Bank - UAE
- Uttam Galva Steels Limited - India
- Indian Energy Exchange, India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- GAC Shipping (India) Pvt Ltd
- Carbofer General Trading SA - India
- Posco Energy - South Korea
- Eastern Coal Council - USA
- Bulk Trading Sa - Switzerland
- CIMB Investment Bank - Malaysia
- Siam City Cement PLC, Thailand
- Straits Asia Resources Limited - Singapore
- Minerals Council of Australia
- Binh Thuan Hamico - Vietnam
- Iligan Light & Power Inc, Philippines
- Wilmar Investment Holdings
- Global Business Power Corporation, Philippines
- Sical Logistics Limited - India
- Timah Investasi Mineral - Indoneisa
- Marubeni Corporation - India
- Aditya Birla Group - India
- Malabar Cements Ltd - India
- Tamil Nadu electricity Board
- Rio Tinto Coal - Australia
- Rashtriya Ispat Nigam Limited - India
- Sree Jayajothi Cements Limited - India
- McConnell Dowell - Australia
- Dalmia Cement Bharat India
- Bhoruka Overseas - Indonesia
- Price Waterhouse Coopers - Russia
- Wood Mackenzie - Singapore
- Jaiprakash Power Ventures ltd
- Jorong Barutama Greston.PT - Indonesia
- Merrill Lynch Commodities Europe
- European Bulk Services B.V. - Netherlands
- Indonesian Coal Mining Association
- IHS Mccloskey Coal Group - USA
- Sarangani Energy Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Anglo American - United Kingdom
- SN Aboitiz Power Inc, Philippines
- Siam City Cement - Thailand
- Samtan Co., Ltd - South Korea
- Planning Commission, India
- Commonwealth Bank - Australia
- Bhatia International Limited - India
- Oldendorff Carriers - Singapore
- Ind-Barath Power Infra Limited - India
- Bharathi Cement Corporation - India
- Makarim & Taira - Indonesia
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