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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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Sunday, 09 April 23
CHINA’S BUSINESS INCOME REBOUND POINTS TO IMPROVING ECONOMY: OFFICIAL - XINHUA
Chinese businesses have posted a strong rebound in sales revenue since the beginning of this year in the latest signal of an improving economy.
...
Sunday, 09 April 23
COAL INDIA TO BOOST SUPPLIES TO INDUSTRIES AS UTILITIES’ INVENTORIES RISE - REUTERS
Coal India Ltd will increase supplies to industries, the world’s largest coal miner said on Wednesday as fuel inventories at utilities run by ...
Thursday, 06 April 23
MARKET INSIGHT - INTERMODAL
LNG Current Supply/Demand Dynamics
This year, LNG supply will likely exceed demand, so prices will need to decline to levels that will encourag ...
Sunday, 26 March 23
EUROPE’S RUSH TO LNG COULD TURN INTO 'WORLD’S MOST EXPENSIVE AND UNNECESSARY INSURANCE POLICY'- CNBC
Europe’s rapid buildout of liquefied natural gas infrastructure is on track to far exceed demand by the end of the decade, according to new r ...
Saturday, 25 March 23
COAL INDIA HAS STRONG CASE TO INCREASE PRICES, TALKS ON: CMD AGRAWAL - BUSINESS STANDARD
Coal India (CIL) Chairman and Managing Director Pramod Agrawal said on Monday there is a “strong case” for increasing coal prices, and ...
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- New Zealand Coal & Carbon
- Indian Energy Exchange, India
- McConnell Dowell - Australia
- Bukit Asam (Persero) Tbk - Indonesia
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Agrawal Coal Company - India
- Petron Corporation, Philippines
- The Treasury - Australian Government
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- Goldman Sachs - Singapore
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- Orica Mining Services - Indonesia
- PTC India Limited - India
- IHS Mccloskey Coal Group - USA
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- Directorate General of MIneral and Coal - Indonesia
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- Neyveli Lignite Corporation Ltd, - India
- Standard Chartered Bank - UAE
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- Kumho Petrochemical, South Korea
- European Bulk Services B.V. - Netherlands
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Metalloyd Limited - United Kingdom
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- Planning Commission, India
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- Miang Besar Coal Terminal - Indonesia
- Bhoruka Overseas - Indonesia
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- Timah Investasi Mineral - Indoneisa
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- Ministry of Finance - Indonesia
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- Port Waratah Coal Services - Australia
- Sindya Power Generating Company Private Ltd
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- Intertek Mineral Services - Indonesia
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- TNB Fuel Sdn Bhd - Malaysia
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- Samtan Co., Ltd - South Korea
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- South Luzon Thermal Energy Corporation
- Energy Development Corp, Philippines
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- Merrill Lynch Commodities Europe
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- MS Steel International - UAE
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- Thiess Contractors Indonesia
- The State Trading Corporation of India Ltd
- Chamber of Mines of South Africa
- Global Coal Blending Company Limited - Australia
- Renaissance Capital - South Africa
- Jorong Barutama Greston.PT - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Cigading International Bulk Terminal - Indonesia
- Riau Bara Harum - Indonesia
- GVK Power & Infra Limited - India
- Baramulti Group, Indonesia
- AsiaOL BioFuels Corp., Philippines
- Uttam Galva Steels Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Commonwealth Bank - Australia
- Mercator Lines Limited - India
- Attock Cement Pakistan Limited
- Videocon Industries ltd - India
- The University of Queensland
- VISA Power Limited - India
- Pendopo Energi Batubara - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Kapuas Tunggal Persada - Indonesia
- Price Waterhouse Coopers - Russia
- Iligan Light & Power Inc, Philippines
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- Coalindo Energy - Indonesia
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- Star Paper Mills Limited - India
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- Aboitiz Power Corporation - Philippines
- Central Electricity Authority - India
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- Ministry of Transport, Egypt
- Maheswari Brothers Coal Limited - India
- Africa Commodities Group - South Africa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Wood Mackenzie - Singapore
- PNOC Exploration Corporation - Philippines
- Heidelberg Cement - Germany
- Coastal Gujarat Power Limited - India
- Medco Energi Mining Internasional
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- Singapore Mercantile Exchange
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- Antam Resourcindo - Indonesia
- Kideco Jaya Agung - Indonesia
- Power Finance Corporation Ltd., India
- Parliament of New Zealand
- Bangladesh Power Developement Board
- Georgia Ports Authority, United States
- Carbofer General Trading SA - India
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