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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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Saturday, 25 March 23
ASIAN CRUDE PALM OIL WATCH 1Q23 - FITCH RATINGS
Malaysian benchmark crude palm oil (CPO) spot prices have averaged around USD915 per tonne (t) so far in 1Q23, sharply lower than the average of ar ...
Saturday, 25 March 23
INDONESIA’S COAL EXPORT INCREASED BY 21.0% YOY TO 388.4 MLN T IN 2022 - BANCHERO COSTA
After a slow start in the first quarter, global coal trade has really picked up pace last year, and is now fully back to pre-Covid levels. In the f ...
Saturday, 25 March 23
GLOBAL LNG-ASIA SPOT PRICES SLIP AS WEAK NORTHERN DEMAND REMAINS - REUTERS
Asian spot prices of liquefied natural gas (LNG) declined this week, falling to a 21-month low, as weak demand in the northeast Asia region continu ...
Wednesday, 22 March 23
OIL PRICE FALL SPECULATIVE, TO HIT $140 BY YEAR-END -ANDURAND: REUTERS
The recent fall in oil prices due to banking jitters is speculative and oil will hit $140 a barrel by the end of the year, hedge fund manager Pierr ...
Wednesday, 22 March 23
MARKET INSIGHT - INTERMODAL
The crude tanker market continues to gather momentum as we head towards the end of 1Q2023, against a backdrop of strong U.S. exports paired with a ...
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- Kepco SPC Power Corporation, Philippines
- Indika Energy - Indonesia
- Intertek Mineral Services - Indonesia
- The Treasury - Australian Government
- Coal and Oil Company - UAE
- Makarim & Taira - Indonesia
- Sree Jayajothi Cements Limited - India
- Ministry of Mines - Canada
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- Bayan Resources Tbk. - Indonesia
- Metalloyd Limited - United Kingdom
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Deloitte Consulting - India
- Eastern Energy - Thailand
- Videocon Industries ltd - India
- Aditya Birla Group - India
- Posco Energy - South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Lanco Infratech Ltd - India
- SMG Consultants - Indonesia
- Bharathi Cement Corporation - India
- Carbofer General Trading SA - India
- Latin American Coal - Colombia
- Asmin Koalindo Tuhup - Indonesia
- Merrill Lynch Commodities Europe
- Africa Commodities Group - South Africa
- Mercuria Energy - Indonesia
- Meralco Power Generation, Philippines
- Barasentosa Lestari - Indonesia
- CNBM International Corporation - China
- Globalindo Alam Lestari - Indonesia
- Bhushan Steel Limited - India
- Baramulti Group, Indonesia
- Gujarat Electricity Regulatory Commission - India
- IHS Mccloskey Coal Group - USA
- Eastern Coal Council - USA
- Antam Resourcindo - Indonesia
- Samtan Co., Ltd - South Korea
- Indonesian Coal Mining Association
- Power Finance Corporation Ltd., India
- PetroVietnam Power Coal Import and Supply Company
- McConnell Dowell - Australia
- GVK Power & Infra Limited - India
- VISA Power Limited - India
- Toyota Tsusho Corporation, Japan
- Anglo American - United Kingdom
- Miang Besar Coal Terminal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Coalindo Energy - Indonesia
- Economic Council, Georgia
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- GN Power Mariveles Coal Plant, Philippines
- Parliament of New Zealand
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- Tata Chemicals Ltd - India
- Parry Sugars Refinery, India
- Australian Commodity Traders Exchange
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- Electricity Generating Authority of Thailand
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- Malabar Cements Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Sarangani Energy Corporation, Philippines
- Semirara Mining Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- Star Paper Mills Limited - India
- Rashtriya Ispat Nigam Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- GMR Energy Limited - India
- Grasim Industreis Ltd - India
- Australian Coal Association
- Simpson Spence & Young - Indonesia
- Formosa Plastics Group - Taiwan
- AsiaOL BioFuels Corp., Philippines
- MS Steel International - UAE
- Agrawal Coal Company - India
- Sojitz Corporation - Japan
- Vedanta Resources Plc - India
- Larsen & Toubro Limited - India
- Therma Luzon, Inc, Philippines
- PTC India Limited - India
- Price Waterhouse Coopers - Russia
- Kapuas Tunggal Persada - Indonesia
- Petron Corporation, Philippines
- White Energy Company Limited
- TeaM Sual Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- Jorong Barutama Greston.PT - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Coastal Gujarat Power Limited - India
- Jaiprakash Power Ventures ltd
- Xindia Steels Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Bangladesh Power Developement Board
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- Banpu Public Company Limited - Thailand
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- Uttam Galva Steels Limited - India
- Kumho Petrochemical, South Korea
- Directorate General of MIneral and Coal - Indonesia
- Bulk Trading Sa - Switzerland
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- Wood Mackenzie - Singapore
- PNOC Exploration Corporation - Philippines
- Goldman Sachs - Singapore
- Bukit Makmur.PT - Indonesia
- GAC Shipping (India) Pvt Ltd
- IEA Clean Coal Centre - UK
- Cigading International Bulk Terminal - Indonesia
- Thiess Contractors Indonesia
- Timah Investasi Mineral - Indoneisa
- Kaltim Prima Coal - Indonesia
- Standard Chartered Bank - UAE
- Electricity Authority, New Zealand
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- SMC Global Power, Philippines
- The University of Queensland
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- LBH Netherlands Bv - Netherlands
- India Bulls Power Limited - India
- Siam City Cement PLC, Thailand
- Bukit Baiduri Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- Independent Power Producers Association of India
- Oldendorff Carriers - Singapore
- Ministry of Transport, Egypt
- Meenaskhi Energy Private Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Interocean Group of Companies - India
- Gujarat Mineral Development Corp Ltd - India
- Salva Resources Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Romanian Commodities Exchange
- Trasteel International SA, Italy
- Manunggal Multi Energi - Indonesia
- Rio Tinto Coal - Australia
- Krishnapatnam Port Company Ltd. - India
- Central Java Power - Indonesia
- Renaissance Capital - South Africa
- Gujarat Sidhee Cement - India
- Energy Development Corp, Philippines
- Mjunction Services Limited - India
- Heidelberg Cement - Germany
- Edison Trading Spa - Italy
- Ind-Barath Power Infra Limited - India
- ICICI Bank Limited - India
- Chettinad Cement Corporation Ltd - India
- Siam City Cement - Thailand
- OPG Power Generation Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Mercator Lines Limited - India
- Vizag Seaport Private Limited - India
- Global Green Power PLC Corporation, Philippines
- Port Waratah Coal Services - Australia
- Bahari Cakrawala Sebuku - Indonesia
- ASAPP Information Group - India
- Dalmia Cement Bharat India
- Savvy Resources Ltd - HongKong
- PowerSource Philippines DevCo
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- Orica Mining Services - Indonesia
- Sakthi Sugars Limited - India
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- Maheswari Brothers Coal Limited - India
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- Altura Mining Limited, Indonesia
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