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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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Monday, 31 October 22
CHINA COAL OUTPUT UP 12.3 PCT IN SEPTEMBER - XINHUA
China’s raw coal output posted stable expansion in September, official data showed.
The country produced 390 million tonnes of ...
Wednesday, 26 October 22
BIMCO PUBLISHES UPDATED GENCON CONTRACT
BIMCO has published a revised and updated version GENCON 2022 – one of its flagship contracts within its portfolio of standard contracts for ...
Monday, 24 October 22
KOSPO TO INVITE 400,000 MT OF COAL FOR 3 YEARS
COALspot.com: Korea Southern Power Co., Ltd. (KOSPO) has issued an international tender for 400,000 MT of 3,800 - 4,400kcal/kg NCV and Sulfur Max 0 ...
Wednesday, 19 October 22
ASIA COULD BE A BRIGHT SPOT AMID GLOBAL DOWNTURN NEXT YEAR, ECONOMISTS SAY - CNBC
Asia — especially Southeast Asia — remains a bright spot, even as the global economy looks set to head into recession next year, econom ...
Wednesday, 19 October 22
WHAT WILL THE GAS MARKET LOOK LIKE IN A NET ZERO WORLD? - WOOD MACKENZIE
The global gas and LNG market faces a number of ‘great unknowns’. With the market in turmoil uncertainty abounds – from the scale ...
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- Wood Mackenzie - Singapore
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- GMR Energy Limited - India
- Sindya Power Generating Company Private Ltd
- Therma Luzon, Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- San Jose City I Power Corp, Philippines
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- Siam City Cement - Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Chamber of Mines of South Africa
- GVK Power & Infra Limited - India
- IEA Clean Coal Centre - UK
- Bangladesh Power Developement Board
- Karaikal Port Pvt Ltd - India
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- GAC Shipping (India) Pvt Ltd
- Goldman Sachs - Singapore
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- Ministry of Mines - Canada
- International Coal Ventures Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Deloitte Consulting - India
- Romanian Commodities Exchange
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- Ministry of Transport, Egypt
- Malabar Cements Ltd - India
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- Petron Corporation, Philippines
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- The University of Queensland
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- Coalindo Energy - Indonesia
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- Economic Council, Georgia
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- Anglo American - United Kingdom
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- Ind-Barath Power Infra Limited - India
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- Sakthi Sugars Limited - India
- Global Business Power Corporation, Philippines
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- PTC India Limited - India
- Electricity Generating Authority of Thailand
- Banpu Public Company Limited - Thailand
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- Eastern Coal Council - USA
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- Indonesian Coal Mining Association
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- Marubeni Corporation - India
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- Power Finance Corporation Ltd., India
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- Borneo Indobara - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
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- McConnell Dowell - Australia
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- Thai Mozambique Logistica
- Bhushan Steel Limited - India
- Chettinad Cement Corporation Ltd - India
- Wilmar Investment Holdings
- Planning Commission, India
- AsiaOL BioFuels Corp., Philippines
- Jaiprakash Power Ventures ltd
- Parry Sugars Refinery, India
- Posco Energy - South Korea
- Central Java Power - Indonesia
- Kobexindo Tractors - Indoneisa
- Kepco SPC Power Corporation, Philippines
- Dalmia Cement Bharat India
- Rio Tinto Coal - Australia
- Simpson Spence & Young - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Uttam Galva Steels Limited - India
- Sical Logistics Limited - India
- Bhoruka Overseas - Indonesia
- India Bulls Power Limited - India
- Eastern Energy - Thailand
- The State Trading Corporation of India Ltd
- Straits Asia Resources Limited - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Cement Manufacturers Association - India
- Australian Commodity Traders Exchange
- Merrill Lynch Commodities Europe
- Salva Resources Pvt Ltd - India
- Baramulti Group, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Essar Steel Hazira Ltd - India
- Parliament of New Zealand
- Jindal Steel & Power Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Mineral Development Corp Ltd - India
- Indika Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- Attock Cement Pakistan Limited
- Maheswari Brothers Coal Limited - India
- TeaM Sual Corporation - Philippines
- Commonwealth Bank - Australia
- LBH Netherlands Bv - Netherlands
- Aboitiz Power Corporation - Philippines
- Star Paper Mills Limited - India
- Ambuja Cements Ltd - India
- Larsen & Toubro Limited - India
- Tata Chemicals Ltd - India
- Intertek Mineral Services - Indonesia
- PNOC Exploration Corporation - Philippines
- Sree Jayajothi Cements Limited - India
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- Videocon Industries ltd - India
- White Energy Company Limited
- Bayan Resources Tbk. - Indonesia
- Semirara Mining Corp, Philippines
- Independent Power Producers Association of India
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- Global Green Power PLC Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Indian Oil Corporation Limited
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- Coastal Gujarat Power Limited - India
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- OPG Power Generation Pvt Ltd - India
- Energy Link Ltd, New Zealand
- London Commodity Brokers - England
- Altura Mining Limited, Indonesia
- Makarim & Taira - Indonesia
- Indian Energy Exchange, India
- Global Coal Blending Company Limited - Australia
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