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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, 23 February 24
STRONG OUTLOOK FOR THE TANKER MARKET IN 2024 AND BEYOND - DNV
Several factors have aligned over the past two years to create a robust and profitable market for tanker owners, which is expected to drive newbuil ...
Friday, 23 February 24
AUSTRALIAN COAL FLOWS TO ASIA HOVER ABOVE LAST YEAR’S VOLUME TONNES - SIGNAL GROUP
In the final days of February, the dry bulk freight market appeared to maintain a relatively stable momentum, particularly evident in the large ves ...
Friday, 23 February 24
RUSSIAN COAL SHIPMENTS FALL 14% AS SANCTIONS BITE - BIMCO
During the first seven weeks of 2024, Russian coal shipments have fallen 14% y/y. Volumes have gradually declined since October 2023 when logistica ...
Thursday, 22 February 24
BIMCO PUBLISHES SHIP FINANCING FORMS TO ENSURE UNINTERRUPTED USE OF SHIPS
BIMCO has published two standard Quiet Enjoyment Letters (QELs), the first standard form QELs available to the industry, to offer a tool that can e ...
Monday, 19 February 24
METALS INVESTMENT: THE DARKEST HOUR IS JUST BEFORE THE DAWN - WOOD MACKENZIE
Things often seem at their worst just before they get better. In terms of meeting our net zero 2050 scenario, we’ve reached a watershed momen ...
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- Gujarat Electricity Regulatory Commission - India
- Therma Luzon, Inc, Philippines
- Makarim & Taira - Indonesia
- Port Waratah Coal Services - Australia
- Sinarmas Energy and Mining - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Banpu Public Company Limited - Thailand
- Intertek Mineral Services - Indonesia
- Renaissance Capital - South Africa
- Kideco Jaya Agung - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Toyota Tsusho Corporation, Japan
- MS Steel International - UAE
- Electricity Generating Authority of Thailand
- Siam City Cement - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- IEA Clean Coal Centre - UK
- Indo Tambangraya Megah - Indonesia
- GAC Shipping (India) Pvt Ltd
- Thai Mozambique Logistica
- Chamber of Mines of South Africa
- Bhatia International Limited - India
- CNBM International Corporation - China
- Karaikal Port Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Mjunction Services Limited - India
- Alfred C Toepfer International GmbH - Germany
- South Luzon Thermal Energy Corporation
- Kobexindo Tractors - Indoneisa
- Singapore Mercantile Exchange
- Samtan Co., Ltd - South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Petron Corporation, Philippines
- Indika Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Savvy Resources Ltd - HongKong
- PTC India Limited - India
- Heidelberg Cement - Germany
- Jorong Barutama Greston.PT - Indonesia
- Merrill Lynch Commodities Europe
- Kohat Cement Company Ltd. - Pakistan
- Indian Energy Exchange, India
- Coalindo Energy - Indonesia
- Sojitz Corporation - Japan
- Agrawal Coal Company - India
- Carbofer General Trading SA - India
- IHS Mccloskey Coal Group - USA
- Bhushan Steel Limited - India
- San Jose City I Power Corp, Philippines
- Trasteel International SA, Italy
- Wilmar Investment Holdings
- London Commodity Brokers - England
- Energy Link Ltd, New Zealand
- Mintek Dendrill Indonesia
- Attock Cement Pakistan Limited
- Meralco Power Generation, Philippines
- Sakthi Sugars Limited - India
- Thiess Contractors Indonesia
- Bhoruka Overseas - Indonesia
- Straits Asia Resources Limited - Singapore
- Oldendorff Carriers - Singapore
- Minerals Council of Australia
- Global Business Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Offshore Bulk Terminal Pte Ltd, Singapore
- OPG Power Generation Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Pendopo Energi Batubara - Indonesia
- Eastern Coal Council - USA
- Mercator Lines Limited - India
- AsiaOL BioFuels Corp., Philippines
- Directorate General of MIneral and Coal - Indonesia
- Kumho Petrochemical, South Korea
- Semirara Mining Corp, Philippines
- Ministry of Transport, Egypt
- Indian Oil Corporation Limited
- Goldman Sachs - Singapore
- Chettinad Cement Corporation Ltd - India
- Orica Mining Services - Indonesia
- The University of Queensland
- VISA Power Limited - India
- Romanian Commodities Exchange
- Malabar Cements Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Xindia Steels Limited - India
- Bangladesh Power Developement Board
- Meenaskhi Energy Private Limited - India
- Bayan Resources Tbk. - Indonesia
- Aboitiz Power Corporation - Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Coal and Oil Company - UAE
- Ind-Barath Power Infra Limited - India
- GMR Energy Limited - India
- Kartika Selabumi Mining - Indonesia
- Commonwealth Bank - Australia
- Holcim Trading Pte Ltd - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Interocean Group of Companies - India
- Jaiprakash Power Ventures ltd
- Barasentosa Lestari - Indonesia
- Coastal Gujarat Power Limited - India
- ICICI Bank Limited - India
- Georgia Ports Authority, United States
- CIMB Investment Bank - Malaysia
- SMG Consultants - Indonesia
- Metalloyd Limited - United Kingdom
- Maheswari Brothers Coal Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Wood Mackenzie - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Electricity Authority, New Zealand
- Global Green Power PLC Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Ministry of Finance - Indonesia
- Timah Investasi Mineral - Indoneisa
- The Treasury - Australian Government
- Gujarat Mineral Development Corp Ltd - India
- Tata Chemicals Ltd - India
- Bukit Makmur.PT - Indonesia
- Power Finance Corporation Ltd., India
- Parliament of New Zealand
- India Bulls Power Limited - India
- GVK Power & Infra Limited - India
- Kepco SPC Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Marubeni Corporation - India
- McConnell Dowell - Australia
- Miang Besar Coal Terminal - Indonesia
- PowerSource Philippines DevCo
- Kaltim Prima Coal - Indonesia
- Price Waterhouse Coopers - Russia
- Billiton Holdings Pty Ltd - Australia
- Gujarat Sidhee Cement - India
- The State Trading Corporation of India Ltd
- Medco Energi Mining Internasional
- Energy Development Corp, Philippines
- SN Aboitiz Power Inc, Philippines
- TeaM Sual Corporation - Philippines
- Ambuja Cements Ltd - India
- Antam Resourcindo - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- European Bulk Services B.V. - Netherlands
- Altura Mining Limited, Indonesia
- Deloitte Consulting - India
- LBH Netherlands Bv - Netherlands
- Independent Power Producers Association of India
- Bulk Trading Sa - Switzerland
- Tamil Nadu electricity Board
- Aditya Birla Group - India
- Bharathi Cement Corporation - India
- Manunggal Multi Energi - Indonesia
- Central Electricity Authority - India
- Central Java Power - Indonesia
- Videocon Industries ltd - India
- Standard Chartered Bank - UAE
- Vedanta Resources Plc - India
- Australian Coal Association
- Salva Resources Pvt Ltd - India
- Dalmia Cement Bharat India
- Bukit Baiduri Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- Cigading International Bulk Terminal - Indonesia
- Indonesian Coal Mining Association
- Ministry of Mines - Canada
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Grasim Industreis Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Simpson Spence & Young - Indonesia
- Sical Logistics Limited - India
- Formosa Plastics Group - Taiwan
- PNOC Exploration Corporation - Philippines
- Riau Bara Harum - Indonesia
- Binh Thuan Hamico - Vietnam
- Madhucon Powers Ltd - India
- Edison Trading Spa - Italy
- Orica Australia Pty. Ltd.
- Indogreen Group - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Cement Manufacturers Association - India
- Economic Council, Georgia
- Parry Sugars Refinery, India
- Rashtriya Ispat Nigam Limited - India
- Anglo American - United Kingdom
- Larsen & Toubro Limited - India
- SMC Global Power, Philippines
- Mercuria Energy - Indonesia
- Lanco Infratech Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Kalimantan Lumbung Energi - Indonesia
- Africa Commodities Group - South Africa
- Krishnapatnam Port Company Ltd. - India
- New Zealand Coal & Carbon
- Petrochimia International Co. Ltd.- Taiwan
- White Energy Company Limited
- Asmin Koalindo Tuhup - Indonesia
- ASAPP Information Group - India
- Sree Jayajothi Cements Limited - India
- Australian Commodity Traders Exchange
- Posco Energy - South Korea
- Sindya Power Generating Company Private Ltd
- Rio Tinto Coal - Australia
- Star Paper Mills Limited - India
- Jindal Steel & Power Ltd - India
- Borneo Indobara - Indonesia
- Directorate Of Revenue Intelligence - India
- Iligan Light & Power Inc, Philippines
- Sarangani Energy Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Planning Commission, India
- Baramulti Group, Indonesia
- Eastern Energy - Thailand
- Uttam Galva Steels Limited - India
- Latin American Coal - Colombia
- International Coal Ventures Pvt Ltd - India
- Vizag Seaport Private Limited - India
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