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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, 02 February 24
DRY BULK MARKET: THE DOWNWARD REVISION IN THE GROWTH OF CAPESIZE TONNE DAYS IN JANUARY WITH THE BCI DROPPING - MARIA BERTZELETOU
In the last week of January, the dry freight market sustained weakness in the Capesize segment, while the number of ballasters in the Southeast (SE ...
Friday, 02 February 24
COAL INDIA ACHIEVES NEARLY 80% OF ITS FY24 PRODUCTION TARGET IN TEN MONTHS - CNBCTV18
For the month of January, the company’s production grew by 9.1% from the same period last year to 78.4 Million Tonnes (MT), from 71.9 MT last ...
Thursday, 01 February 24
CHINA'S WIND, SOLAR CAPACITY TO OVERTAKE COAL IN 2024 - INDUSTRY BODY, REUTERS REPORTED
China’s installed wind and solar capacity is expected to overtake coal for the first time this year, according to industry forecasts.
&nb ...
Thursday, 01 February 24
ANTI-DEDUCTION CLAUSES: CAN A CHARTERER WITHHOLD HIRE WITHOUT AN OWNER'S CONSENT? - SKULD
KNOWLEDGE TO ELEVATE
Summary
In The Anna Dorothea, the Court found that where a charterparty provides that no deduction from hire may be m ...
Thursday, 01 February 24
INDIA REBUILDS COAL STOCKS TO ENSURE ELECTRIC RELIABILITY - REUTERS
India’s electricity supply is much more comfortable at the start of 2024 than in either 2023 or 2022 as coal production has ramped up and the ...
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- London Commodity Brokers - England
- Ind-Barath Power Infra Limited - India
- Globalindo Alam Lestari - Indonesia
- Bukit Makmur.PT - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Baramulti Group, Indonesia
- Oldendorff Carriers - Singapore
- White Energy Company Limited
- Sree Jayajothi Cements Limited - India
- Kobexindo Tractors - Indoneisa
- Planning Commission, India
- Edison Trading Spa - Italy
- Sakthi Sugars Limited - India
- Georgia Ports Authority, United States
- SMC Global Power, Philippines
- Savvy Resources Ltd - HongKong
- Sojitz Corporation - Japan
- Posco Energy - South Korea
- Independent Power Producers Association of India
- The State Trading Corporation of India Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Thiess Contractors Indonesia
- Heidelberg Cement - Germany
- Kapuas Tunggal Persada - Indonesia
- Attock Cement Pakistan Limited
- Lanco Infratech Ltd - India
- TeaM Sual Corporation - Philippines
- Sindya Power Generating Company Private Ltd
- Eastern Coal Council - USA
- Maheswari Brothers Coal Limited - India
- Goldman Sachs - Singapore
- Bhatia International Limited - India
- Chamber of Mines of South Africa
- Larsen & Toubro Limited - India
- The University of Queensland
- Siam City Cement PLC, Thailand
- Ambuja Cements Ltd - India
- Deloitte Consulting - India
- Standard Chartered Bank - UAE
- Essar Steel Hazira Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Indian Energy Exchange, India
- Indo Tambangraya Megah - Indonesia
- Leighton Contractors Pty Ltd - Australia
- AsiaOL BioFuels Corp., Philippines
- OPG Power Generation Pvt Ltd - India
- Electricity Authority, New Zealand
- Borneo Indobara - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- PowerSource Philippines DevCo
- Rashtriya Ispat Nigam Limited - India
- Billiton Holdings Pty Ltd - Australia
- Indonesian Coal Mining Association
- Wood Mackenzie - Singapore
- Timah Investasi Mineral - Indoneisa
- Medco Energi Mining Internasional
- Jaiprakash Power Ventures ltd
- Samtan Co., Ltd - South Korea
- Africa Commodities Group - South Africa
- International Coal Ventures Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Bukit Baiduri Energy - Indonesia
- GMR Energy Limited - India
- Straits Asia Resources Limited - Singapore
- Xindia Steels Limited - India
- Eastern Energy - Thailand
- Wilmar Investment Holdings
- Sarangani Energy Corporation, Philippines
- Videocon Industries ltd - India
- Kaltim Prima Coal - Indonesia
- Therma Luzon, Inc, Philippines
- Bangladesh Power Developement Board
- Bayan Resources Tbk. - Indonesia
- Madhucon Powers Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- LBH Netherlands Bv - Netherlands
- McConnell Dowell - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mjunction Services Limited - India
- Mercator Lines Limited - India
- Interocean Group of Companies - India
- Energy Link Ltd, New Zealand
- Carbofer General Trading SA - India
- Neyveli Lignite Corporation Ltd, - India
- Vizag Seaport Private Limited - India
- Kumho Petrochemical, South Korea
- Banpu Public Company Limited - Thailand
- Kepco SPC Power Corporation, Philippines
- Ministry of Finance - Indonesia
- Kideco Jaya Agung - Indonesia
- Makarim & Taira - Indonesia
- European Bulk Services B.V. - Netherlands
- ASAPP Information Group - India
- Agrawal Coal Company - India
- Kohat Cement Company Ltd. - Pakistan
- Gujarat Electricity Regulatory Commission - India
- Gujarat Sidhee Cement - India
- Orica Mining Services - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Bank of Tokyo Mitsubishi UFJ Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Pendopo Energi Batubara - Indonesia
- Global Green Power PLC Corporation, Philippines
- Riau Bara Harum - Indonesia
- Bhushan Steel Limited - India
- Anglo American - United Kingdom
- Kalimantan Lumbung Energi - Indonesia
- Malabar Cements Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Uttam Galva Steels Limited - India
- New Zealand Coal & Carbon
- Grasim Industreis Ltd - India
- Coalindo Energy - Indonesia
- Tata Chemicals Ltd - India
- Parliament of New Zealand
- GVK Power & Infra Limited - India
- Marubeni Corporation - India
- Vijayanagar Sugar Pvt Ltd - India
- Ministry of Transport, Egypt
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Coal and Oil Company - UAE
- Star Paper Mills Limited - India
- Binh Thuan Hamico - Vietnam
- Simpson Spence & Young - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Indian Oil Corporation Limited
- Bharathi Cement Corporation - India
- Romanian Commodities Exchange
- IEA Clean Coal Centre - UK
- Cement Manufacturers Association - India
- Ceylon Electricity Board - Sri Lanka
- Meralco Power Generation, Philippines
- Minerals Council of Australia
- Thai Mozambique Logistica
- Siam City Cement - Thailand
- Merrill Lynch Commodities Europe
- Indogreen Group - Indonesia
- Latin American Coal - Colombia
- Iligan Light & Power Inc, Philippines
- Australian Coal Association
- Bulk Trading Sa - Switzerland
- Jorong Barutama Greston.PT - Indonesia
- VISA Power Limited - India
- Jindal Steel & Power Ltd - India
- Manunggal Multi Energi - Indonesia
- Global Business Power Corporation, Philippines
- Aditya Birla Group - India
- GN Power Mariveles Coal Plant, Philippines
- Sical Logistics Limited - India
- The Treasury - Australian Government
- Commonwealth Bank - Australia
- CIMB Investment Bank - Malaysia
- Petrochimia International Co. Ltd.- Taiwan
- Semirara Mining Corp, Philippines
- Sinarmas Energy and Mining - Indonesia
- Coastal Gujarat Power Limited - India
- IHS Mccloskey Coal Group - USA
- Altura Mining Limited, Indonesia
- ICICI Bank Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Karaikal Port Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Australian Commodity Traders Exchange
- Global Coal Blending Company Limited - Australia
- Aboitiz Power Corporation - Philippines
- Central Electricity Authority - India
- SN Aboitiz Power Inc, Philippines
- SMG Consultants - Indonesia
- Economic Council, Georgia
- Renaissance Capital - South Africa
- Dalmia Cement Bharat India
- Port Waratah Coal Services - Australia
- Petron Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Power Finance Corporation Ltd., India
- Singapore Mercantile Exchange
- Cigading International Bulk Terminal - Indonesia
- GAC Shipping (India) Pvt Ltd
- Trasteel International SA, Italy
- Tamil Nadu electricity Board
- Price Waterhouse Coopers - Russia
- Electricity Generating Authority of Thailand
- Directorate General of MIneral and Coal - Indonesia
- Barasentosa Lestari - Indonesia
- Intertek Mineral Services - Indonesia
- Indika Energy - Indonesia
- MS Steel International - UAE
- Toyota Tsusho Corporation, Japan
- Meenaskhi Energy Private Limited - India
- Orica Australia Pty. Ltd.
- Ministry of Mines - Canada
- CNBM International Corporation - China
- Energy Development Corp, Philippines
- India Bulls Power Limited - India
- Metalloyd Limited - United Kingdom
- Bukit Asam (Persero) Tbk - Indonesia
- Mercuria Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- PTC India Limited - India
- Central Java Power - Indonesia
- Kartika Selabumi Mining - Indonesia
- Vedanta Resources Plc - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Rio Tinto Coal - Australia
- South Luzon Thermal Energy Corporation
- Parry Sugars Refinery, India
- Asmin Koalindo Tuhup - Indonesia
- Formosa Plastics Group - Taiwan
- Gujarat Mineral Development Corp Ltd - India
- Bhoruka Overseas - Indonesia
- San Jose City I Power Corp, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Semirara Mining and Power Corporation, Philippines
- Mintek Dendrill Indonesia
- PNOC Exploration Corporation - Philippines
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