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Wednesday, 22 November 23
INDIA: GOVERNMENT PLANS 1.4 BILLION TONNE COAL OUTPUT BY 2027 - LIVEMINT
The Union coal ministry on Monday announced plans to increase India’s coal production to 1.404 billion tonne by 2027, with an eye to further boost it to 1.577 billion tonne by 2030.
Current domestic production hovers around one billion tonne annually. This increase in output aims to ensure ample supply of domestic coal to India’s thermal power plants, which are essential for the country’s growing energy needs.
The ministry also said that coal stocks at thermal power plants have been rising since 16 October, and stand at approximately 20 million tonne. Stocks at mines have hit 41.59 million tonne. Overall, including transit and captive mines, the stockpile has grown to 73.56 million tonne, up 12% from the previous year’s 65.56 million tonne.
“…The coal supplied to domestic coal-based power plant is around 821 million tonne (MT) for the current year,” it said.
The ministry is also preparing for an expected surge in coal demand, which is estimated to reach around 400 million tonne to support the additional 80 GW of thermal capacity projected by 2030. However, this figure may be adjusted based on future generation requirements and the contribution of renewable energy sources.
To meet these production goals, the ministry is planning opening of new mines, expansion of existing mine capacities, and utilisation of captive and commercial mines.
“The production plans for year 2027 and 2030 will far exceed the likely domestic requirement of thermal power plants in the country, including that for likely additional capacity,” the ministry said in a statement.
It also said that coal, power, and railway ministries are working in close co-ordination, resulting in smooth coal supplies.
The ministry’s statement comes against the backdrop of a robust 13.02% annual growth in coal production, outpacing an 8.99% growth in power generation from domestic coal-based plants. Demand for thermal power has seen a 20% increase over the last year.
In response to rising power demand, the government has asked power generating companies to blend 6% imported coal until March 2024 and has directed all imported-coal-based plants to operate at full capacity until June next year.
Source: livemint
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Friday, 06 September 24
REBOUND IN OIL DEMAND COULD LIFT MARKET IN LATTER HALF OF 2024 - BIMCO
Supply/demand
Based on a strong second half demand, the supply/balance is forecast to strengthen in 2024 but weaken slightly in 2025 as n ...
Friday, 06 September 24
GLOBAL SEABORNE LNG TRADE HAS CONTINUED TO INCREASE LAST YEAR - BANCHERO COSTA
Global seaborne LNG trade has continued to increase last year, helped also by the events in Ukraine which forced Europe to diversify away from Russ ...
Wednesday, 28 August 24
SEABORNE COAL IMPORTS INTO INDIA INCREASED BY +9.9% Y-O-Y TO 146.6 MLN T - BANCHERO COSTA
Global coal trade has really picked up pace over the past year, and is now fully back to pre-Covid levels said Banchero Costa Research in its lates ...
Tuesday, 06 August 24
EXERCISE CAUTION WITH AMMONIA SWITCH - BALTIC EXCHANGE
A new study from the Massachusetts Institute of Technology (MIT) has thrown a spanner into the plan to transition ships from diesel fuel to ammonia ...
Friday, 02 August 24
ENERGY MARKET DEVELOPMENTS: COAL AND NATURAL GAS PRICES REACH RECORD HIGHS - WORLD BANK
The recent surge in natural gas and coal prices has been so swift that the main benchmarks were roughly three times higher in 2022Q2 compared to a ...
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- Neyveli Lignite Corporation Ltd, - India
- Riau Bara Harum - Indonesia
- Ambuja Cements Ltd - India
- Meenaskhi Energy Private Limited - India
- Orica Mining Services - Indonesia
- Grasim Industreis Ltd - India
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- Malabar Cements Ltd - India
- Ministry of Transport, Egypt
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- Bangladesh Power Developement Board
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- Makarim & Taira - Indonesia
- Central Electricity Authority - India
- Alfred C Toepfer International GmbH - Germany
- Mercator Lines Limited - India
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Intertek Mineral Services - Indonesia
- Bhoruka Overseas - Indonesia
- MS Steel International - UAE
- Miang Besar Coal Terminal - Indonesia
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- Anglo American - United Kingdom
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- Baramulti Group, Indonesia
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- Kumho Petrochemical, South Korea
- Meralco Power Generation, Philippines
- Indo Tambangraya Megah - Indonesia
- Metalloyd Limited - United Kingdom
- Ministry of Mines - Canada
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Chamber of Mines of South Africa
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- India Bulls Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- Sree Jayajothi Cements Limited - India
- Agrawal Coal Company - India
- Madhucon Powers Ltd - India
- Star Paper Mills Limited - India
- Sinarmas Energy and Mining - Indonesia
- Lanco Infratech Ltd - India
- Borneo Indobara - Indonesia
- Trasteel International SA, Italy
- Salva Resources Pvt Ltd - India
- Tata Chemicals Ltd - India
- Edison Trading Spa - Italy
- Wilmar Investment Holdings
- ICICI Bank Limited - India
- Australian Commodity Traders Exchange
- Cement Manufacturers Association - India
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- Medco Energi Mining Internasional
- Energy Link Ltd, New Zealand
- The Treasury - Australian Government
- Kapuas Tunggal Persada - Indonesia
- Petron Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Marubeni Corporation - India
- GN Power Mariveles Coal Plant, Philippines
- Attock Cement Pakistan Limited
- Coastal Gujarat Power Limited - India
- PowerSource Philippines DevCo
- Indogreen Group - Indonesia
- Toyota Tsusho Corporation, Japan
- AsiaOL BioFuels Corp., Philippines
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- Africa Commodities Group - South Africa
- Central Java Power - Indonesia
- GMR Energy Limited - India
- Therma Luzon, Inc, Philippines
- Banpu Public Company Limited - Thailand
- Singapore Mercantile Exchange
- Power Finance Corporation Ltd., India
- White Energy Company Limited
- Jindal Steel & Power Ltd - India
- GAC Shipping (India) Pvt Ltd
- Timah Investasi Mineral - Indoneisa
- Kohat Cement Company Ltd. - Pakistan
- GVK Power & Infra Limited - India
- San Jose City I Power Corp, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Mintek Dendrill Indonesia
- IEA Clean Coal Centre - UK
- Ind-Barath Power Infra Limited - India
- Sindya Power Generating Company Private Ltd
- Videocon Industries ltd - India
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- Xindia Steels Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Bhushan Steel Limited - India
- Jaiprakash Power Ventures ltd
- Gujarat Mineral Development Corp Ltd - India
- Renaissance Capital - South Africa
- Sakthi Sugars Limited - India
- Maheswari Brothers Coal Limited - India
- Port Waratah Coal Services - Australia
- Indian Energy Exchange, India
- VISA Power Limited - India
- Aboitiz Power Corporation - Philippines
- Wood Mackenzie - Singapore
- Cigading International Bulk Terminal - Indonesia
- Altura Mining Limited, Indonesia
- Formosa Plastics Group - Taiwan
- Savvy Resources Ltd - HongKong
- PTC India Limited - India
- Directorate Of Revenue Intelligence - India
- Iligan Light & Power Inc, Philippines
- Indika Energy - Indonesia
- Rio Tinto Coal - Australia
- Carbofer General Trading SA - India
- Aditya Birla Group - India
- Kaltim Prima Coal - Indonesia
- Romanian Commodities Exchange
- Commonwealth Bank - Australia
- Semirara Mining Corp, Philippines
- Bukit Baiduri Energy - Indonesia
- Global Business Power Corporation, Philippines
- Electricity Authority, New Zealand
- OPG Power Generation Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Vedanta Resources Plc - India
- Bukit Asam (Persero) Tbk - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- European Bulk Services B.V. - Netherlands
- Deloitte Consulting - India
- Australian Coal Association
- Price Waterhouse Coopers - Russia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Barasentosa Lestari - Indonesia
- Pendopo Energi Batubara - Indonesia
- Dalmia Cement Bharat India
- CNBM International Corporation - China
- PNOC Exploration Corporation - Philippines
- Energy Development Corp, Philippines
- Straits Asia Resources Limited - Singapore
- Chettinad Cement Corporation Ltd - India
- CIMB Investment Bank - Malaysia
- SN Aboitiz Power Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Gujarat Electricity Regulatory Commission - India
- Planning Commission, India
- Economic Council, Georgia
- Mercuria Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- TeaM Sual Corporation - Philippines
- SMC Global Power, Philippines
- Siam City Cement PLC, Thailand
- Sojitz Corporation - Japan
- ASAPP Information Group - India
- PetroVietnam Power Coal Import and Supply Company
- Globalindo Alam Lestari - Indonesia
- Oldendorff Carriers - Singapore
- Minerals Council of Australia
- Leighton Contractors Pty Ltd - Australia
- Bhatia International Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Global Coal Blending Company Limited - Australia
- Orica Australia Pty. Ltd.
- Karbindo Abesyapradhi - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- Eastern Energy - Thailand
- Coalindo Energy - Indonesia
- The University of Queensland
- Posco Energy - South Korea
- Kepco SPC Power Corporation, Philippines
- Indian Oil Corporation Limited
- Georgia Ports Authority, United States
- Bharathi Cement Corporation - India
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- The State Trading Corporation of India Ltd
- Global Green Power PLC Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Standard Chartered Bank - UAE
- SMG Consultants - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Eastern Coal Council - USA
- Mjunction Services Limited - India
- Goldman Sachs - Singapore
- McConnell Dowell - Australia
- LBH Netherlands Bv - Netherlands
- Petrochimia International Co. Ltd.- Taiwan
- Indonesian Coal Mining Association
- Parliament of New Zealand
- Jorong Barutama Greston.PT - Indonesia
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- Larsen & Toubro Limited - India
- Heidelberg Cement - Germany
- Karaikal Port Pvt Ltd - India
- Coal and Oil Company - UAE
- Binh Thuan Hamico - Vietnam
- Bukit Makmur.PT - Indonesia
- Ministry of Finance - Indonesia
- Sarangani Energy Corporation, Philippines
- New Zealand Coal & Carbon
- IHS Mccloskey Coal Group - USA
- Kartika Selabumi Mining - Indonesia
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