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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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Wednesday, 22 November 23
OBLIGATION. INDONESIA AIMS TO START COLLECTING LEVIES FROM COAL MINERS IN JANUARY - REUTERS
Indonesia plans to start collecting levies from coal miners in January to be used to compensate miners who sell coal to the state utility at lower ...
Tuesday, 21 November 23
INDIAN COAL POWER PLANTS’ CAPACITY UTILISATION WILL IMPROVE TO 65% THIS FISCAL: - CRISIL
Coal-based thermal power units’ plant load factor (PLF) or capacity utilisation will improve to 65 percent in the current fiscal year despite ...
Tuesday, 14 November 23
CAPITAL PRODUCT PARTNERS L.P. ANNOUNCES TRANSFORMATIVE TRANSACTION INCLUDING THE ACQUISITION OF 11 NEWBUILD LNG CARRIERS FOR $3.1 BILLION
Capital Product Partners L.P. announced that it has entered into an umbrella agreement (the “Umbrella Agreement”) with Capital Maritime ...
Tuesday, 14 November 23
COAL INDIA BEATS Q2 PROFIT VIEW ON HIGH POWER DEMAND AMID WEAK MONSOON - REUTERS
Coal India on Friday reported better-than-expected second-quarter profit, helped by high power demand and boosted production amid a weak monsoon.
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Tuesday, 14 November 23
CHINA'S BELT AND ROAD INITIATIVE TURNS AWAY FROM COAL - WOOD MACKENZIE
Ambitious, contentious and big spending, China’s Belt and Road Initiative (BRI) is 10 years old. In that time, China has splashed more than U ...
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- Kobexindo Tractors - Indoneisa
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- Africa Commodities Group - South Africa
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- Rio Tinto Coal - Australia
- Ceylon Electricity Board - Sri Lanka
- Singapore Mercantile Exchange
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- Ministry of Transport, Egypt
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- Kepco SPC Power Corporation, Philippines
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- Wood Mackenzie - Singapore
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- Economic Council, Georgia
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- The Treasury - Australian Government
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- Price Waterhouse Coopers - Russia
- Eastern Energy - Thailand
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- Planning Commission, India
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- Indonesian Coal Mining Association
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- McConnell Dowell - Australia
- Indian Oil Corporation Limited
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- Formosa Plastics Group - Taiwan
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- Banpu Public Company Limited - Thailand
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- Salva Resources Pvt Ltd - India
- Attock Cement Pakistan Limited
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- Australian Coal Association
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- Directorate Of Revenue Intelligence - India
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- Chettinad Cement Corporation Ltd - India
- Ministry of Mines - Canada
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- The State Trading Corporation of India Ltd
- VISA Power Limited - India
- IEA Clean Coal Centre - UK
- Timah Investasi Mineral - Indoneisa
- Siam City Cement - Thailand
- Gujarat Mineral Development Corp Ltd - India
- Maheswari Brothers Coal Limited - India
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- Jaiprakash Power Ventures ltd
- Coal and Oil Company - UAE
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- PowerSource Philippines DevCo
- Karaikal Port Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
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- San Jose City I Power Corp, Philippines
- IHS Mccloskey Coal Group - USA
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- Neyveli Lignite Corporation Ltd, - India
- Toyota Tsusho Corporation, Japan
- Jindal Steel & Power Ltd - India
- Baramulti Group, Indonesia
- Eastern Coal Council - USA
- Edison Trading Spa - Italy
- Thai Mozambique Logistica
- GMR Energy Limited - India
- Latin American Coal - Colombia
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- Samtan Co., Ltd - South Korea
- Parry Sugars Refinery, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ambuja Cements Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mercuria Energy - Indonesia
- Deloitte Consulting - India
- Bukit Baiduri Energy - Indonesia
- Siam City Cement PLC, Thailand
- Electricity Generating Authority of Thailand
- Altura Mining Limited, Indonesia
- Cigading International Bulk Terminal - Indonesia
- Therma Luzon, Inc, Philippines
- Uttam Galva Steels Limited - India
- TNB Fuel Sdn Bhd - Malaysia
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Petron Corporation, Philippines
- Larsen & Toubro Limited - India
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- Ind-Barath Power Infra Limited - India
- Sree Jayajothi Cements Limited - India
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- Metalloyd Limited - United Kingdom
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- Global Green Power PLC Corporation, Philippines
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- Karbindo Abesyapradhi - Indoneisa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- ASAPP Information Group - India
- International Coal Ventures Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- The University of Queensland
- PTC India Limited - India
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