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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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Tuesday, 13 December 22
YANCOAL AUSTRALIA TO PREPAY $459 MLN DEBT AS RECORD COAL PRICES BOOST CASHFLOWS - REUTERS
Coal miner Yancoal Australia Ltd. said on Friday it intended to prepay $459 million of its debt on or around Dec. 16, as elevated coal prices were ...
Tuesday, 13 December 22
WHY COAL LEADS THE RISE IN COMMODITIES THIS YEAR - MARKETWATCH
This year marked a resurgence for coal, often known — and loathed — by environmentalists as the dirtiest energy source, with prices mor ...
Thursday, 08 December 22
BIMCO TO REVISE WAR RISK CLAUSES
Work to revise the BIMCO War Cancellation Clause 2004, the BIMCO War Risks Clause for Time Chartering 2013 (CONWARTIME 2013) and the BIMCO War Risk ...
Thursday, 08 December 22
COAL ROYALTY PAYMENTS BOOST AUSTRALIAN STATE'S BUDGET FORECAST - REUTERS
Australia’s Queensland state on Wednesday forecast a record surplus for the current financial year, largely driven by higher royalty payments ...
Wednesday, 07 December 22
MARKET INSIGHT - INTERMODAL
China’s coal imports from January to October were 230.1m mt, a decrease of around 10.7% y-o-y (2021 totalled 323.2m mt). The question is if t ...
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- SN Aboitiz Power Inc, Philippines
- Indian Energy Exchange, India
- Barasentosa Lestari - Indonesia
- Xindia Steels Limited - India
- OPG Power Generation Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Carbofer General Trading SA - India
- Indika Energy - Indonesia
- Mintek Dendrill Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bulk Trading Sa - Switzerland
- Cement Manufacturers Association - India
- GN Power Mariveles Coal Plant, Philippines
- Africa Commodities Group - South Africa
- Sindya Power Generating Company Private Ltd
- Kohat Cement Company Ltd. - Pakistan
- Independent Power Producers Association of India
- Ministry of Finance - Indonesia
- Coal and Oil Company - UAE
- The State Trading Corporation of India Ltd
- Bhoruka Overseas - Indonesia
- Wood Mackenzie - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Marubeni Corporation - India
- Jorong Barutama Greston.PT - Indonesia
- Meralco Power Generation, Philippines
- Therma Luzon, Inc, Philippines
- McConnell Dowell - Australia
- PowerSource Philippines DevCo
- Gujarat Electricity Regulatory Commission - India
- Ceylon Electricity Board - Sri Lanka
- Deloitte Consulting - India
- PNOC Exploration Corporation - Philippines
- Thiess Contractors Indonesia
- Kideco Jaya Agung - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Indonesian Coal Mining Association
- Ministry of Transport, Egypt
- Formosa Plastics Group - Taiwan
- Baramulti Group, Indonesia
- Mercator Lines Limited - India
- Wilmar Investment Holdings
- Georgia Ports Authority, United States
- Thai Mozambique Logistica
- Bukit Asam (Persero) Tbk - Indonesia
- Central Java Power - Indonesia
- Siam City Cement PLC, Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bangladesh Power Developement Board
- Parliament of New Zealand
- Metalloyd Limited - United Kingdom
- SMG Consultants - Indonesia
- Power Finance Corporation Ltd., India
- Kartika Selabumi Mining - Indonesia
- Electricity Generating Authority of Thailand
- Romanian Commodities Exchange
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- LBH Netherlands Bv - Netherlands
- Sical Logistics Limited - India
- Renaissance Capital - South Africa
- Iligan Light & Power Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Larsen & Toubro Limited - India
- Semirara Mining and Power Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Intertek Mineral Services - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- ICICI Bank Limited - India
- Orica Australia Pty. Ltd.
- Parry Sugars Refinery, India
- Uttam Galva Steels Limited - India
- Energy Link Ltd, New Zealand
- Samtan Co., Ltd - South Korea
- Kapuas Tunggal Persada - Indonesia
- CNBM International Corporation - China
- MS Steel International - UAE
- White Energy Company Limited
- Attock Cement Pakistan Limited
- Bahari Cakrawala Sebuku - Indonesia
- Mercuria Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Neyveli Lignite Corporation Ltd, - India
- TeaM Sual Corporation - Philippines
- Lanco Infratech Ltd - India
- Rashtriya Ispat Nigam Limited - India
- IHS Mccloskey Coal Group - USA
- Indo Tambangraya Megah - Indonesia
- Malabar Cements Ltd - India
- Banpu Public Company Limited - Thailand
- Anglo American - United Kingdom
- Interocean Group of Companies - India
- Meenaskhi Energy Private Limited - India
- Pendopo Energi Batubara - Indonesia
- Standard Chartered Bank - UAE
- Timah Investasi Mineral - Indoneisa
- Mjunction Services Limited - India
- Merrill Lynch Commodities Europe
- Semirara Mining Corp, Philippines
- Coastal Gujarat Power Limited - India
- Jaiprakash Power Ventures ltd
- Heidelberg Cement - Germany
- Goldman Sachs - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Medco Energi Mining Internasional
- Aditya Birla Group - India
- Gujarat Mineral Development Corp Ltd - India
- Tamil Nadu electricity Board
- The Treasury - Australian Government
- Offshore Bulk Terminal Pte Ltd, Singapore
- Krishnapatnam Port Company Ltd. - India
- Gujarat Sidhee Cement - India
- Ministry of Mines - Canada
- Australian Commodity Traders Exchange
- Economic Council, Georgia
- Ambuja Cements Ltd - India
- Bukit Makmur.PT - Indonesia
- Bhatia International Limited - India
- Australian Coal Association
- Chamber of Mines of South Africa
- Siam City Cement - Thailand
- New Zealand Coal & Carbon
- Leighton Contractors Pty Ltd - Australia
- Tata Chemicals Ltd - India
- Vedanta Resources Plc - India
- Minerals Council of Australia
- Kepco SPC Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Kobexindo Tractors - Indoneisa
- Coalindo Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Antam Resourcindo - Indonesia
- Binh Thuan Hamico - Vietnam
- Central Electricity Authority - India
- Planning Commission, India
- Dalmia Cement Bharat India
- Edison Trading Spa - Italy
- GAC Shipping (India) Pvt Ltd
- Directorate Of Revenue Intelligence - India
- Petron Corporation, Philippines
- Indian Oil Corporation Limited
- Altura Mining Limited, Indonesia
- Global Business Power Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Borneo Indobara - Indonesia
- GMR Energy Limited - India
- Energy Development Corp, Philippines
- Aboitiz Power Corporation - Philippines
- Makarim & Taira - Indonesia
- Savvy Resources Ltd - HongKong
- Pipit Mutiara Jaya. PT, Indonesia
- Price Waterhouse Coopers - Russia
- IEA Clean Coal Centre - UK
- Videocon Industries ltd - India
- Cigading International Bulk Terminal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Agrawal Coal Company - India
- Star Paper Mills Limited - India
- Billiton Holdings Pty Ltd - Australia
- ASAPP Information Group - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bhushan Steel Limited - India
- VISA Power Limited - India
- Essar Steel Hazira Ltd - India
- Singapore Mercantile Exchange
- Vizag Seaport Private Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Toyota Tsusho Corporation, Japan
- CIMB Investment Bank - Malaysia
- Sarangani Energy Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Port Waratah Coal Services - Australia
- Karaikal Port Pvt Ltd - India
- GVK Power & Infra Limited - India
- SMC Global Power, Philippines
- AsiaOL BioFuels Corp., Philippines
- Simpson Spence & Young - Indonesia
- Ind-Barath Power Infra Limited - India
- Salva Resources Pvt Ltd - India
- Commonwealth Bank - Australia
- Sree Jayajothi Cements Limited - India
- The University of Queensland
- Kumho Petrochemical, South Korea
- Indogreen Group - Indonesia
- Sojitz Corporation - Japan
- Directorate General of MIneral and Coal - Indonesia
- Rio Tinto Coal - Australia
- London Commodity Brokers - England
- Bharathi Cement Corporation - India
- Sakthi Sugars Limited - India
- Chettinad Cement Corporation Ltd - India
- International Coal Ventures Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Posco Energy - South Korea
- India Bulls Power Limited - India
- Globalindo Alam Lestari - Indonesia
- Global Green Power PLC Corporation, Philippines
- Eastern Energy - Thailand
- South Luzon Thermal Energy Corporation
- Madhucon Powers Ltd - India
- Orica Mining Services - Indonesia
- Oldendorff Carriers - Singapore
- Electricity Authority, New Zealand
- San Jose City I Power Corp, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Latin American Coal - Colombia
- European Bulk Services B.V. - Netherlands
- Riau Bara Harum - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Maheswari Brothers Coal Limited - India
- Jindal Steel & Power Ltd - India
- PTC India Limited - India
- Trasteel International SA, Italy
- Eastern Coal Council - USA
- Grasim Industreis Ltd - India
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