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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, 17 March 23
INDONESIAN COAL PRICE REFERENCE UP AROUND 2.17% IN MARCH 2023
COALspot.com: Indonesian Coal Price Reference up around 2.17% in March 2023.
According to the new HBA regulation No. 41.K/MB.0 ...
Saturday, 11 March 23
MARKET INSIGHT - INTERMODAL
Uncertainty over the recovery of Chinese demand, demand destruction in Europe, as well as weather conditions will pivot the LNG market this summer. ...
Wednesday, 08 March 23
INDONESIAN COAL REFERENCE PRICE FORMULA HAS OFFICIALLY CHANGED
Indonesian Minister of Energy and Mineral Resources has officially changed the guideline for determining the benchmark price for the sale of coal c ...
Thursday, 02 March 23
INDIA'S SEABORNE CRUDE OIL IMPORTS IN 2022 INCREASED BY 11.5% YOY - BANCHERO COSTA
2022 has turned out to be a very positive year for crude oil trade, despite the surging oil prices and risks of economic recession, Banchero Costa ...
Thursday, 02 March 23
DRY BULK MARKET: THE WAY CHINA GOES, SO GOES THE MARKET - BIMCO
We expect demand growth within the 1.5-2.5% range in 2023, driven by China’s economic recovery. Improvements in consumer sentiment should hel ...
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- Interocean Group of Companies - India
- Vedanta Resources Plc - India
- Indika Energy - Indonesia
- PTC India Limited - India
- SMC Global Power, Philippines
- Deloitte Consulting - India
- Holcim Trading Pte Ltd - Singapore
- Electricity Authority, New Zealand
- Mercator Lines Limited - India
- Merrill Lynch Commodities Europe
- Karbindo Abesyapradhi - Indoneisa
- Semirara Mining Corp, Philippines
- Sinarmas Energy and Mining - Indonesia
- Salva Resources Pvt Ltd - India
- Xindia Steels Limited - India
- MS Steel International - UAE
- Kapuas Tunggal Persada - Indonesia
- Pendopo Energi Batubara - Indonesia
- Barasentosa Lestari - Indonesia
- Ambuja Cements Ltd - India
- Global Business Power Corporation, Philippines
- Coalindo Energy - Indonesia
- Tata Chemicals Ltd - India
- OPG Power Generation Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Ministry of Finance - Indonesia
- Independent Power Producers Association of India
- Simpson Spence & Young - Indonesia
- Renaissance Capital - South Africa
- Chamber of Mines of South Africa
- Maharashtra Electricity Regulatory Commission - India
- Lanco Infratech Ltd - India
- McConnell Dowell - Australia
- Georgia Ports Authority, United States
- Mintek Dendrill Indonesia
- Leighton Contractors Pty Ltd - Australia
- Borneo Indobara - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- European Bulk Services B.V. - Netherlands
- Standard Chartered Bank - UAE
- Posco Energy - South Korea
- Uttam Galva Steels Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Bukit Makmur.PT - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Anglo American - United Kingdom
- GAC Shipping (India) Pvt Ltd
- CNBM International Corporation - China
- SN Aboitiz Power Inc, Philippines
- Siam City Cement - Thailand
- Billiton Holdings Pty Ltd - Australia
- Cement Manufacturers Association - India
- Rashtriya Ispat Nigam Limited - India
- Siam City Cement PLC, Thailand
- Iligan Light & Power Inc, Philippines
- Kaltim Prima Coal - Indonesia
- Riau Bara Harum - Indonesia
- Price Waterhouse Coopers - Russia
- Australian Coal Association
- Coal and Oil Company - UAE
- Gujarat Mineral Development Corp Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Star Paper Mills Limited - India
- Electricity Generating Authority of Thailand
- VISA Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- Antam Resourcindo - Indonesia
- Marubeni Corporation - India
- Sree Jayajothi Cements Limited - India
- Eastern Coal Council - USA
- Kartika Selabumi Mining - Indonesia
- Indonesian Coal Mining Association
- IHS Mccloskey Coal Group - USA
- Altura Mining Limited, Indonesia
- Parliament of New Zealand
- IEA Clean Coal Centre - UK
- Ceylon Electricity Board - Sri Lanka
- Ministry of Mines - Canada
- Economic Council, Georgia
- Dalmia Cement Bharat India
- Power Finance Corporation Ltd., India
- Bank of Tokyo Mitsubishi UFJ Ltd
- South Luzon Thermal Energy Corporation
- Vizag Seaport Private Limited - India
- The Treasury - Australian Government
- Port Waratah Coal Services - Australia
- Thai Mozambique Logistica
- Parry Sugars Refinery, India
- Larsen & Toubro Limited - India
- Jindal Steel & Power Ltd - India
- Savvy Resources Ltd - HongKong
- Australian Commodity Traders Exchange
- Bharathi Cement Corporation - India
- Indian Energy Exchange, India
- Metalloyd Limited - United Kingdom
- Petron Corporation, Philippines
- Energy Link Ltd, New Zealand
- India Bulls Power Limited - India
- Chettinad Cement Corporation Ltd - India
- Medco Energi Mining Internasional
- Kepco SPC Power Corporation, Philippines
- ICICI Bank Limited - India
- Sojitz Corporation - Japan
- Malabar Cements Ltd - India
- Minerals Council of Australia
- Carbofer General Trading SA - India
- Alfred C Toepfer International GmbH - Germany
- Grasim Industreis Ltd - India
- Wilmar Investment Holdings
- Kobexindo Tractors - Indoneisa
- GVK Power & Infra Limited - India
- Intertek Mineral Services - Indonesia
- Indo Tambangraya Megah - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- PetroVietnam Power Coal Import and Supply Company
- Central Electricity Authority - India
- Tamil Nadu electricity Board
- Globalindo Alam Lestari - Indonesia
- Energy Development Corp, Philippines
- Orica Mining Services - Indonesia
- Timah Investasi Mineral - Indoneisa
- ASAPP Information Group - India
- Gujarat Electricity Regulatory Commission - India
- Manunggal Multi Energi - Indonesia
- Coastal Gujarat Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Mjunction Services Limited - India
- Wood Mackenzie - Singapore
- AsiaOL BioFuels Corp., Philippines
- PNOC Exploration Corporation - Philippines
- Indian Oil Corporation Limited
- Formosa Plastics Group - Taiwan
- Meenaskhi Energy Private Limited - India
- Bhatia International Limited - India
- Bayan Resources Tbk. - Indonesia
- Agrawal Coal Company - India
- GN Power Mariveles Coal Plant, Philippines
- Indogreen Group - Indonesia
- Essar Steel Hazira Ltd - India
- Singapore Mercantile Exchange
- Orica Australia Pty. Ltd.
- New Zealand Coal & Carbon
- Karaikal Port Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Neyveli Lignite Corporation Ltd, - India
- Bangladesh Power Developement Board
- Directorate General of MIneral and Coal - Indonesia
- Africa Commodities Group - South Africa
- LBH Netherlands Bv - Netherlands
- Central Java Power - Indonesia
- London Commodity Brokers - England
- Videocon Industries ltd - India
- Sindya Power Generating Company Private Ltd
- Romanian Commodities Exchange
- Kalimantan Lumbung Energi - Indonesia
- Ind-Barath Power Infra Limited - India
- White Energy Company Limited
- Binh Thuan Hamico - Vietnam
- San Jose City I Power Corp, Philippines
- Ministry of Transport, Egypt
- The State Trading Corporation of India Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Baramulti Group, Indonesia
- International Coal Ventures Pvt Ltd - India
- PowerSource Philippines DevCo
- Global Green Power PLC Corporation, Philippines
- Kumho Petrochemical, South Korea
- Thiess Contractors Indonesia
- Directorate Of Revenue Intelligence - India
- Bhoruka Overseas - Indonesia
- Bukit Baiduri Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- Maheswari Brothers Coal Limited - India
- SMG Consultants - Indonesia
- Goldman Sachs - Singapore
- Latin American Coal - Colombia
- Attock Cement Pakistan Limited
- Miang Besar Coal Terminal - Indonesia
- Gujarat Sidhee Cement - India
- Vijayanagar Sugar Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Asmin Koalindo Tuhup - Indonesia
- Commonwealth Bank - Australia
- GMR Energy Limited - India
- Jaiprakash Power Ventures ltd
- Bahari Cakrawala Sebuku - Indonesia
- Mercuria Energy - Indonesia
- Rio Tinto Coal - Australia
- Kideco Jaya Agung - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Sakthi Sugars Limited - India
- Trasteel International SA, Italy
- Meralco Power Generation, Philippines
- Toyota Tsusho Corporation, Japan
- Aditya Birla Group - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Banpu Public Company Limited - Thailand
- Sarangani Energy Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Edison Trading Spa - Italy
- Bhushan Steel Limited - India
- Sical Logistics Limited - India
- The University of Queensland
- Bulk Trading Sa - Switzerland
- Makarim & Taira - Indonesia
- Therma Luzon, Inc, Philippines
- Heidelberg Cement - Germany
- CIMB Investment Bank - Malaysia
- Oldendorff Carriers - Singapore
- TeaM Sual Corporation - Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Samtan Co., Ltd - South Korea
- Eastern Energy - Thailand
- Madhucon Powers Ltd - India
- Planning Commission, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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