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Tuesday, 06 February 24
INDIA SEES ANNUAL COAL OUTPUT UP 10.9% IN 2024/25 - REUTERS
India expects domestic coal output to increase by 10.9% to 1.13 billion metric tons in the fiscal year ending March 2025, a senior government official said, driven mainly by higher production from mines owned by private companies.
State-run Coal India is expected to boost production to 850 million tons from an estimated 780 million tons in 2023/24, but its share in overall output is expected to drop to 75% from 80% in 2022/23.
If output meets expectations, it will mark the third straight year of India’s coal output rising by more than 10%.
Prime Minister Narendra Modi’s government has cited energy security concerns amid surging power demand and low per-capita emissions to defend India’s high dependence on coal. Power generation in 2023 increased by 11.3%, the fastest pace in at least five years.
The world’s second largest user of coal has also been boosting imports of thermal coal, which increased 9.4% to 176.3 million tons in the year ended December 2023, according to consultancy Coalmint.
Coal-fired energy output surged 14.7% in 2023, outpacing renewable output growth for the first time since at least 2019.
Captive mines – which mine coal for their own use – are seen boosting production to 175 million tons in 2024/25, 30 million tons more than estimated in 2023/24, the official said. Output from mines recently auctioned to private companies are expected to boost output by over 40% to 20 million tons in 2024/25.
Smaller miner Singreni Collieries is expected to produce 72 million tons in 2024/25, compared with an estimated 70 million tons in 2023/24. NLC India is expected to produce 17.8 million tons in 2024/25, compared with 14.44 million tons this fiscal year.
India has contributed most to the rise in Asia’s coal-fired power output, with an increase in generation outpacing other coal-dependent major economies such as Indonesia, Philippines and Vietnam.
Source: Reuters
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Monday, 08 January 24
SEABORNE TRADE REACHES 12.4BN TONNES - CLARKSONS
China will establish a back-up coal production system by 2027 to stabilise prices and secure coal supply, the state planner said on Wednesday, even ...
Monday, 08 January 24
CAPESIZES START THE NEW YEAR ON POSITIVE NOTE - BALTIC EXCHANGE
Capesize
This week the capsize market has been marked by a mix of activities and challenges. Despite a slow start following the Christmas and N ...
Friday, 05 January 24
MORGAN STANLEY SEES LOWER OIL PRICES IN 2024 ON OVERSUPPLY CONCERNS - REUTERS
Morgan Stanley sees Brent crude prices anchored near $80 per barrel in the first half in 2024 before declining towards the end of the year as it ex ...
Friday, 05 January 24
INDIA'S COAL OUTPUT RISES NEARLY 11 PC IN DEC TO 92.87 MT - PTI
India’s coal production increased by 10.75 per cent to 92.87 million tonne in December 2023 as compared to the year-ago period, an official s ...
Friday, 05 January 24
BANGLADESH’S 2023 COAL-FIRED POWER OUTPUT TRIPLED, EASING SHORTAGES - REUTERS
Bangladesh nearly tripled its coal-fired power output in 2023, a Reuters analysis of government data showed, helping it tide over the worst power s ...
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- ICICI Bank Limited - India
- Manunggal Multi Energi - Indonesia
- Australian Coal Association
- Energy Development Corp, Philippines
- IEA Clean Coal Centre - UK
- Energy Link Ltd, New Zealand
- Price Waterhouse Coopers - Russia
- Savvy Resources Ltd - HongKong
- International Coal Ventures Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Essar Steel Hazira Ltd - India
- Orica Mining Services - Indonesia
- Indogreen Group - Indonesia
- New Zealand Coal & Carbon
- Electricity Authority, New Zealand
- Krishnapatnam Port Company Ltd. - India
- Orica Australia Pty. Ltd.
- ASAPP Information Group - India
- Rashtriya Ispat Nigam Limited - India
- Therma Luzon, Inc, Philippines
- PowerSource Philippines DevCo
- Tata Chemicals Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Miang Besar Coal Terminal - Indonesia
- Binh Thuan Hamico - Vietnam
- European Bulk Services B.V. - Netherlands
- Leighton Contractors Pty Ltd - Australia
- Merrill Lynch Commodities Europe
- VISA Power Limited - India
- Sree Jayajothi Cements Limited - India
- Marubeni Corporation - India
- CIMB Investment Bank - Malaysia
- Central Electricity Authority - India
- Semirara Mining and Power Corporation, Philippines
- Cement Manufacturers Association - India
- Africa Commodities Group - South Africa
- Kohat Cement Company Ltd. - Pakistan
- Eastern Coal Council - USA
- TeaM Sual Corporation - Philippines
- Parry Sugars Refinery, India
- Sindya Power Generating Company Private Ltd
- Wood Mackenzie - Singapore
- Mercuria Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Trasteel International SA, Italy
- Mjunction Services Limited - India
- Latin American Coal - Colombia
- PNOC Exploration Corporation - Philippines
- Romanian Commodities Exchange
- Kepco SPC Power Corporation, Philippines
- Antam Resourcindo - Indonesia
- Sical Logistics Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Jaiprakash Power Ventures ltd
- Vedanta Resources Plc - India
- Chettinad Cement Corporation Ltd - India
- GMR Energy Limited - India
- Timah Investasi Mineral - Indoneisa
- Ceylon Electricity Board - Sri Lanka
- Aditya Birla Group - India
- SMG Consultants - Indonesia
- Rio Tinto Coal - Australia
- Carbofer General Trading SA - India
- Jorong Barutama Greston.PT - Indonesia
- Kartika Selabumi Mining - Indonesia
- Meralco Power Generation, Philippines
- Chamber of Mines of South Africa
- Bahari Cakrawala Sebuku - Indonesia
- Baramulti Group, Indonesia
- Oldendorff Carriers - Singapore
- Kalimantan Lumbung Energi - Indonesia
- London Commodity Brokers - England
- Samtan Co., Ltd - South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- MS Steel International - UAE
- Banpu Public Company Limited - Thailand
- Posco Energy - South Korea
- Lanco Infratech Ltd - India
- Ministry of Finance - Indonesia
- Singapore Mercantile Exchange
- Sarangani Energy Corporation, Philippines
- Electricity Generating Authority of Thailand
- Gujarat Mineral Development Corp Ltd - India
- Kaltim Prima Coal - Indonesia
- GVK Power & Infra Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Eastern Energy - Thailand
- Meenaskhi Energy Private Limited - India
- Grasim Industreis Ltd - India
- Kobexindo Tractors - Indoneisa
- PTC India Limited - India
- Attock Cement Pakistan Limited
- Directorate General of MIneral and Coal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Indo Tambangraya Megah - Indonesia
- Georgia Ports Authority, United States
- LBH Netherlands Bv - Netherlands
- Siam City Cement - Thailand
- Borneo Indobara - Indonesia
- White Energy Company Limited
- Edison Trading Spa - Italy
- Asmin Koalindo Tuhup - Indonesia
- Medco Energi Mining Internasional
- Xindia Steels Limited - India
- IHS Mccloskey Coal Group - USA
- CNBM International Corporation - China
- Kumho Petrochemical, South Korea
- Ambuja Cements Ltd - India
- Star Paper Mills Limited - India
- Formosa Plastics Group - Taiwan
- Renaissance Capital - South Africa
- Indonesian Coal Mining Association
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Makmur.PT - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Alfred C Toepfer International GmbH - Germany
- Karaikal Port Pvt Ltd - India
- Videocon Industries ltd - India
- Independent Power Producers Association of India
- Global Business Power Corporation, Philippines
- Gujarat Sidhee Cement - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Tamil Nadu electricity Board
- The Treasury - Australian Government
- Commonwealth Bank - Australia
- Metalloyd Limited - United Kingdom
- McConnell Dowell - Australia
- Siam City Cement PLC, Thailand
- Interocean Group of Companies - India
- Globalindo Alam Lestari - Indonesia
- Global Green Power PLC Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Ministry of Transport, Egypt
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Bharathi Cement Corporation - India
- Indian Oil Corporation Limited
- Iligan Light & Power Inc, Philippines
- Ind-Barath Power Infra Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- AsiaOL BioFuels Corp., Philippines
- The State Trading Corporation of India Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Larsen & Toubro Limited - India
- Bangladesh Power Developement Board
- GN Power Mariveles Coal Plant, Philippines
- Mintek Dendrill Indonesia
- Intertek Mineral Services - Indonesia
- Toyota Tsusho Corporation, Japan
- Coalindo Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Semirara Mining Corp, Philippines
- Indian Energy Exchange, India
- Australian Commodity Traders Exchange
- Parliament of New Zealand
- Heidelberg Cement - Germany
- Jindal Steel & Power Ltd - India
- GAC Shipping (India) Pvt Ltd
- Deloitte Consulting - India
- Thai Mozambique Logistica
- Wilmar Investment Holdings
- Directorate Of Revenue Intelligence - India
- Dalmia Cement Bharat India
- Salva Resources Pvt Ltd - India
- Bhatia International Limited - India
- Barasentosa Lestari - Indonesia
- Kideco Jaya Agung - Indonesia
- Riau Bara Harum - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Simpson Spence & Young - Indonesia
- Indika Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- The University of Queensland
- Central Java Power - Indonesia
- Aboitiz Power Corporation - Philippines
- Bayan Resources Tbk. - Indonesia
- Bulk Trading Sa - Switzerland
- Malabar Cements Ltd - India
- Bhoruka Overseas - Indonesia
- Thiess Contractors Indonesia
- Pendopo Energi Batubara - Indonesia
- Minerals Council of Australia
- Standard Chartered Bank - UAE
- Coal and Oil Company - UAE
- Goldman Sachs - Singapore
- Uttam Galva Steels Limited - India
- Maheswari Brothers Coal Limited - India
- India Bulls Power Limited - India
- Makarim & Taira - Indonesia
- Petron Corporation, Philippines
- Mercator Lines Limited - India
- Ministry of Mines - Canada
- Planning Commission, India
- Port Waratah Coal Services - Australia
- SN Aboitiz Power Inc, Philippines
- Sojitz Corporation - Japan
- Sinarmas Energy and Mining - Indonesia
- Sakthi Sugars Limited - India
- Kapuas Tunggal Persada - Indonesia
- Vizag Seaport Private Limited - India
- Economic Council, Georgia
- Anglo American - United Kingdom
- Global Coal Blending Company Limited - Australia
- Madhucon Powers Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Bhushan Steel Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Straits Asia Resources Limited - Singapore
- SMC Global Power, Philippines
- Altura Mining Limited, Indonesia
- Agrawal Coal Company - India
- Karbindo Abesyapradhi - Indoneisa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Neyveli Lignite Corporation Ltd, - India
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