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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, 08 March 22
THE HIGH COST OF INDONESIA’S DOWNSTREAM COAL PROJECTS IS UNDERESTIMATED - IEEFA
Three Indonesian ministries have come up with a DME purchase price of US$378/tonne fixed for 20 years compared to IEEFA’s US$601/tonne estima ...
Wednesday, 02 March 22
SHIPPING MARKET INSIGHT - INTERMODAL
The escalating confrontation between Russia and Ukraine has the potential to disrupt global order and set the world back a few decades. While count ...
Tuesday, 22 February 22
THE DRY BULK MARKET HAS MOVED ON A POSITIVE TRACK - ALLIED
The dry bulk market has moved on a positive track as of the past couple of weeks or so. Following the typical softening in freight conditions durin ...
Tuesday, 22 February 22
CHINA'S DAILY OUTPUT OF COAL REBOUNDS TO OVER 12 MLN TONNES - REUTERS
China’s coal output returned to more than 12 million tonnes per day as of Feb. 20, the country’s state planner said on Monday, a level ...
Thursday, 17 February 22
MAJOR INSTITUTIONS PROVIDED OVER $1.5 TRLN TO COAL SECTOR IN 2019-2021, SAYS NGO GROUP - REUTERS
Financial institutions channelled more than $1.5 trillion into the coal industry in loans and underwriting from January 2019 to November 2021, even ...
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- CNBM International Corporation - China
- Ministry of Mines - Canada
- Maheswari Brothers Coal Limited - India
- Makarim & Taira - Indonesia
- The State Trading Corporation of India Ltd
- VISA Power Limited - India
- Manunggal Multi Energi - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Antam Resourcindo - Indonesia
- Orica Mining Services - Indonesia
- White Energy Company Limited
- Siam City Cement PLC, Thailand
- Malabar Cements Ltd - India
- Star Paper Mills Limited - India
- Energy Link Ltd, New Zealand
- Dalmia Cement Bharat India
- PNOC Exploration Corporation - Philippines
- Tata Chemicals Ltd - India
- Kartika Selabumi Mining - Indonesia
- Latin American Coal - Colombia
- Meralco Power Generation, Philippines
- Binh Thuan Hamico - Vietnam
- Leighton Contractors Pty Ltd - Australia
- GAC Shipping (India) Pvt Ltd
- Electricity Generating Authority of Thailand
- Timah Investasi Mineral - Indoneisa
- McConnell Dowell - Australia
- Oldendorff Carriers - Singapore
- Gujarat Sidhee Cement - India
- Economic Council, Georgia
- Kepco SPC Power Corporation, Philippines
- SMG Consultants - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Globalindo Alam Lestari - Indonesia
- Global Coal Blending Company Limited - Australia
- PetroVietnam Power Coal Import and Supply Company
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Eastern Coal Council - USA
- Therma Luzon, Inc, Philippines
- Deloitte Consulting - India
- Ministry of Finance - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coal and Oil Company - UAE
- Madhucon Powers Ltd - India
- Trasteel International SA, Italy
- Vedanta Resources Plc - India
- Thiess Contractors Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- LBH Netherlands Bv - Netherlands
- PTC India Limited - India
- Central Java Power - Indonesia
- Price Waterhouse Coopers - Russia
- Coastal Gujarat Power Limited - India
- Altura Mining Limited, Indonesia
- Heidelberg Cement - Germany
- Sree Jayajothi Cements Limited - India
- Vizag Seaport Private Limited - India
- Neyveli Lignite Corporation Ltd, - India
- TeaM Sual Corporation - Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Semirara Mining and Power Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- New Zealand Coal & Carbon
- Commonwealth Bank - Australia
- Miang Besar Coal Terminal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- San Jose City I Power Corp, Philippines
- Bangladesh Power Developement Board
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Larsen & Toubro Limited - India
- Wood Mackenzie - Singapore
- Simpson Spence & Young - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Bhatia International Limited - India
- Chamber of Mines of South Africa
- South Luzon Thermal Energy Corporation
- Gujarat Electricity Regulatory Commission - India
- Uttam Galva Steels Limited - India
- Bukit Makmur.PT - Indonesia
- Borneo Indobara - Indonesia
- Power Finance Corporation Ltd., India
- OPG Power Generation Pvt Ltd - India
- Renaissance Capital - South Africa
- AsiaOL BioFuels Corp., Philippines
- Petron Corporation, Philippines
- Kumho Petrochemical, South Korea
- Directorate Of Revenue Intelligence - India
- Goldman Sachs - Singapore
- Indika Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Bhushan Steel Limited - India
- Rashtriya Ispat Nigam Limited - India
- Pendopo Energi Batubara - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Baramulti Group, Indonesia
- Indogreen Group - Indonesia
- PowerSource Philippines DevCo
- International Coal Ventures Pvt Ltd - India
- Minerals Council of Australia
- Mercuria Energy - Indonesia
- Global Business Power Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Posco Energy - South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhoruka Overseas - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Karaikal Port Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- SMC Global Power, Philippines
- IHS Mccloskey Coal Group - USA
- Semirara Mining Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Jaiprakash Power Ventures ltd
- Standard Chartered Bank - UAE
- Straits Asia Resources Limited - Singapore
- GMR Energy Limited - India
- IEA Clean Coal Centre - UK
- Sinarmas Energy and Mining - Indonesia
- Krishnapatnam Port Company Ltd. - India
- ASAPP Information Group - India
- Samtan Co., Ltd - South Korea
- Australian Commodity Traders Exchange
- Sojitz Corporation - Japan
- Aboitiz Power Corporation - Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The Treasury - Australian Government
- Wilmar Investment Holdings
- Pipit Mutiara Jaya. PT, Indonesia
- MS Steel International - UAE
- ICICI Bank Limited - India
- Xindia Steels Limited - India
- Georgia Ports Authority, United States
- Agrawal Coal Company - India
- Bukit Asam (Persero) Tbk - Indonesia
- Essar Steel Hazira Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Formosa Plastics Group - Taiwan
- Jorong Barutama Greston.PT - Indonesia
- Kaltim Prima Coal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Marubeni Corporation - India
- Port Waratah Coal Services - Australia
- Metalloyd Limited - United Kingdom
- India Bulls Power Limited - India
- Eastern Energy - Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Sindya Power Generating Company Private Ltd
- Jindal Steel & Power Ltd - India
- Bulk Trading Sa - Switzerland
- Kapuas Tunggal Persada - Indonesia
- Savvy Resources Ltd - HongKong
- Orica Australia Pty. Ltd.
- Siam City Cement - Thailand
- Indian Oil Corporation Limited
- Carbofer General Trading SA - India
- CIMB Investment Bank - Malaysia
- Kideco Jaya Agung - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Cement Manufacturers Association - India
- Kobexindo Tractors - Indoneisa
- Electricity Authority, New Zealand
- Bayan Resources Tbk. - Indonesia
- Ambuja Cements Ltd - India
- Iligan Light & Power Inc, Philippines
- Romanian Commodities Exchange
- Sarangani Energy Corporation, Philippines
- London Commodity Brokers - England
- Meenaskhi Energy Private Limited - India
- Rio Tinto Coal - Australia
- Attock Cement Pakistan Limited
- Aditya Birla Group - India
- Riau Bara Harum - Indonesia
- Indian Energy Exchange, India
- Africa Commodities Group - South Africa
- Interocean Group of Companies - India
- Bharathi Cement Corporation - India
- Singapore Mercantile Exchange
- Independent Power Producers Association of India
- Indonesian Coal Mining Association
- GVK Power & Infra Limited - India
- European Bulk Services B.V. - Netherlands
- Chettinad Cement Corporation Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Parry Sugars Refinery, India
- Coalindo Energy - Indonesia
- Thai Mozambique Logistica
- Mercator Lines Limited - India
- Ministry of Transport, Egypt
- Cigading International Bulk Terminal - Indonesia
- Tamil Nadu electricity Board
- Sakthi Sugars Limited - India
- Holcim Trading Pte Ltd - Singapore
- Lanco Infratech Ltd - India
- The University of Queensland
- TNB Fuel Sdn Bhd - Malaysia
- Australian Coal Association
- Barasentosa Lestari - Indonesia
- Banpu Public Company Limited - Thailand
- Edison Trading Spa - Italy
- Planning Commission, India
- Sical Logistics Limited - India
- Medco Energi Mining Internasional
- Energy Development Corp, Philippines
- Bukit Baiduri Energy - Indonesia
- Mjunction Services Limited - India
- Salva Resources Pvt Ltd - India
- Videocon Industries ltd - India
- Mintek Dendrill Indonesia
- Grasim Industreis Ltd - India
- Intertek Mineral Services - Indonesia
- Anglo American - United Kingdom
- Merrill Lynch Commodities Europe
- Parliament of New Zealand
- Central Electricity Authority - India
- Alfred C Toepfer International GmbH - Germany
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