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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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Wednesday, 22 March 23
WILL LOWER GAS PRICES SPARK SWITCHING IN EUROPE AND ASIA?
Record high prices devastated demand for gas and LNG across Asia and Europe last year. But with prices falling, companies are starting to re-evalua ...
Monday, 20 March 23
NTPC MULLS 5.4 MILLION TONNES COAL IMPORT IN FIRST HALF OF 2023-24: PTI
State-run power giant NTPC is planning to import around 5.4 million tonnes of coal to meet the supply shortage during the first half 2023-24 fiscal ...
Monday, 20 March 23
S. AFRICA’S EXXARO RESOURCES SAYS COAL PRICES COOLING OFF - REUTERS
South Africa’s Exxaro Resources on Thursday posted a 28% jump in 2022 profit after seeing average coal prices surge more than 150%, but warne ...
Saturday, 18 March 23
RUSSIAN LNG EXPORTS TO EUROPE REMAIN HIGH - VESSELS VALUE
Russian LNG exports to Europe remained at very high levels in February at 3.6 million CBM, following a 13 month high in January of 4.1 million CBM. ...
Saturday, 18 March 23
HEDGE TO OFFSET LNG VOLATILITY, TRADERS TOLD - BALTIC EXCHANGE
A shift in imports from Asia to Europe led to significant volatility in liquefied natural gas shipping last year, prompting industry experts to urg ...
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- Standard Chartered Bank - UAE
- PetroVietnam Power Coal Import and Supply Company
- GVK Power & Infra Limited - India
- Malabar Cements Ltd - India
- Maheswari Brothers Coal Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Wood Mackenzie - Singapore
- Kapuas Tunggal Persada - Indonesia
- PTC India Limited - India
- Holcim Trading Pte Ltd - Singapore
- Bhushan Steel Limited - India
- Rio Tinto Coal - Australia
- Ceylon Electricity Board - Sri Lanka
- OPG Power Generation Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- The Treasury - Australian Government
- Bank of Tokyo Mitsubishi UFJ Ltd
- LBH Netherlands Bv - Netherlands
- Petron Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Mjunction Services Limited - India
- Billiton Holdings Pty Ltd - Australia
- CNBM International Corporation - China
- Deloitte Consulting - India
- Savvy Resources Ltd - HongKong
- Anglo American - United Kingdom
- Indogreen Group - Indonesia
- Georgia Ports Authority, United States
- Offshore Bulk Terminal Pte Ltd, Singapore
- European Bulk Services B.V. - Netherlands
- Kaltim Prima Coal - Indonesia
- Australian Coal Association
- Sarangani Energy Corporation, Philippines
- The State Trading Corporation of India Ltd
- Kepco SPC Power Corporation, Philippines
- IEA Clean Coal Centre - UK
- Agrawal Coal Company - India
- Dalmia Cement Bharat India
- Intertek Mineral Services - Indonesia
- Thiess Contractors Indonesia
- Independent Power Producers Association of India
- Heidelberg Cement - Germany
- Bhoruka Overseas - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Simpson Spence & Young - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Manunggal Multi Energi - Indonesia
- Samtan Co., Ltd - South Korea
- Metalloyd Limited - United Kingdom
- Port Waratah Coal Services - Australia
- Bharathi Cement Corporation - India
- Trasteel International SA, Italy
- Tamil Nadu electricity Board
- Carbofer General Trading SA - India
- Merrill Lynch Commodities Europe
- Aboitiz Power Corporation - Philippines
- Aditya Birla Group - India
- Chamber of Mines of South Africa
- Coastal Gujarat Power Limited - India
- Borneo Indobara - Indonesia
- Indian Oil Corporation Limited
- Jindal Steel & Power Ltd - India
- Edison Trading Spa - Italy
- SN Aboitiz Power Inc, Philippines
- Interocean Group of Companies - India
- Mercator Lines Limited - India
- Iligan Light & Power Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- India Bulls Power Limited - India
- Salva Resources Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Marubeni Corporation - India
- Madhucon Powers Ltd - India
- Sree Jayajothi Cements Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- VISA Power Limited - India
- Economic Council, Georgia
- Attock Cement Pakistan Limited
- White Energy Company Limited
- Videocon Industries ltd - India
- Orica Australia Pty. Ltd.
- AsiaOL BioFuels Corp., Philippines
- Kohat Cement Company Ltd. - Pakistan
- Ministry of Mines - Canada
- New Zealand Coal & Carbon
- Electricity Authority, New Zealand
- SMG Consultants - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Makarim & Taira - Indonesia
- Sindya Power Generating Company Private Ltd
- Leighton Contractors Pty Ltd - Australia
- The University of Queensland
- Bukit Asam (Persero) Tbk - Indonesia
- Bukit Baiduri Energy - Indonesia
- Energy Development Corp, Philippines
- Bangladesh Power Developement Board
- Lanco Infratech Ltd - India
- Global Green Power PLC Corporation, Philippines
- Sojitz Corporation - Japan
- Timah Investasi Mineral - Indoneisa
- Tata Chemicals Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Posco Energy - South Korea
- Ind-Barath Power Infra Limited - India
- Grasim Industreis Ltd - India
- Straits Asia Resources Limited - Singapore
- Xindia Steels Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Meenaskhi Energy Private Limited - India
- Vedanta Resources Plc - India
- Commonwealth Bank - Australia
- Kartika Selabumi Mining - Indonesia
- Sakthi Sugars Limited - India
- Goldman Sachs - Singapore
- Mintek Dendrill Indonesia
- Central Java Power - Indonesia
- GAC Shipping (India) Pvt Ltd
- Energy Link Ltd, New Zealand
- Sical Logistics Limited - India
- Australian Commodity Traders Exchange
- Altura Mining Limited, Indonesia
- Kobexindo Tractors - Indoneisa
- Eastern Energy - Thailand
- Global Business Power Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- ICICI Bank Limited - India
- Mercuria Energy - Indonesia
- Riau Bara Harum - Indonesia
- Semirara Mining and Power Corporation, Philippines
- SMC Global Power, Philippines
- Wilmar Investment Holdings
- Essar Steel Hazira Ltd - India
- Indika Energy - Indonesia
- Vizag Seaport Private Limited - India
- Sinarmas Energy and Mining - Indonesia
- Oldendorff Carriers - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- IHS Mccloskey Coal Group - USA
- Karaikal Port Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Baramulti Group, Indonesia
- Larsen & Toubro Limited - India
- Bayan Resources Tbk. - Indonesia
- Gujarat Sidhee Cement - India
- Latin American Coal - Colombia
- Star Paper Mills Limited - India
- Renaissance Capital - South Africa
- Uttam Galva Steels Limited - India
- Meralco Power Generation, Philippines
- Parliament of New Zealand
- Alfred C Toepfer International GmbH - Germany
- Global Coal Blending Company Limited - Australia
- Semirara Mining Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Gujarat Electricity Regulatory Commission - India
- Thai Mozambique Logistica
- MS Steel International - UAE
- Therma Luzon, Inc, Philippines
- Price Waterhouse Coopers - Russia
- Bukit Makmur.PT - Indonesia
- International Coal Ventures Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Directorate Of Revenue Intelligence - India
- Banpu Public Company Limited - Thailand
- Kideco Jaya Agung - Indonesia
- Formosa Plastics Group - Taiwan
- Ministry of Transport, Egypt
- Toyota Tsusho Corporation, Japan
- PNOC Exploration Corporation - Philippines
- Barasentosa Lestari - Indonesia
- Ministry of Finance - Indonesia
- Globalindo Alam Lestari - Indonesia
- Binh Thuan Hamico - Vietnam
- Coalindo Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Neyveli Lignite Corporation Ltd, - India
- South Luzon Thermal Energy Corporation
- London Commodity Brokers - England
- Siam City Cement - Thailand
- Central Electricity Authority - India
- Minerals Council of Australia
- Orica Mining Services - Indonesia
- Singapore Mercantile Exchange
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Parry Sugars Refinery, India
- Pendopo Energi Batubara - Indonesia
- Eastern Coal Council - USA
- Kumho Petrochemical, South Korea
- Indo Tambangraya Megah - Indonesia
- Cement Manufacturers Association - India
- TeaM Sual Corporation - Philippines
- GMR Energy Limited - India
- Romanian Commodities Exchange
- PowerSource Philippines DevCo
- Siam City Cement PLC, Thailand
- Bulk Trading Sa - Switzerland
- Indonesian Coal Mining Association
- Coal and Oil Company - UAE
- Ambuja Cements Ltd - India
- ASAPP Information Group - India
- Pipit Mutiara Jaya. PT, Indonesia
- McConnell Dowell - Australia
- Medco Energi Mining Internasional
- San Jose City I Power Corp, Philippines
- Indian Energy Exchange, India
- Antam Resourcindo - Indonesia
- Power Finance Corporation Ltd., India
- Bhatia International Limited - India
- Planning Commission, India
- Africa Commodities Group - South Africa
- Chettinad Cement Corporation Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Vijayanagar Sugar Pvt Ltd - India
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