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Thursday, 18 February 16
INDIA NEEDS INTERNATIONAL SUPPORT ON HIGH EFFICIENCY COAL - WORLD COAL ASSOCIATION
 Speaking at a conference in New Delhi today, World Coal Association Chief Executive Benjamin Sporton said the critical role of coal in driving economic development in India meant the international community should support advanced coal technologies in the country.
“India has made it very clear that coal will be critical to delivering its economic development and energy access objectives. India is working hard to reduce emissions from coal, but it would benefit from greater international support to build modern coal technology,” Benjamin Sporton said.
Speaking at the 6th World PetroCoal Congress, a gathering of leaders from across the fossil fuel industry in India, Mr Sporton highlighted that power generation capacity from coal will more than double between now and 2040.
“Coal will help fuel the economic development of India’s economy as it urbanises and industrialises over the decades to come. With 300 million people currently living without access to electricity and many more – including businesses that can help drive growth – suffering from intermittent supply, coal will do much of the heaving lifting in powering up India’s economy,” Mr Sporton said.
Reflecting on the WCA’s recent report, India’s Energy Trilemma, Mr Sporton noted that modern high efficiency low emission coal technologies will be essential to providing affordable electricity while reducing emissions to meet climate objectives.
“Our research shows that while renewable technologies such as solar PV in India could result in high emission abatement, they do not provide the scale of generation growth required to meet electrification targets. Modern high efficiency coal plants can actually abate carbon emissions at a much lower cost compared to solar PV and provide almost four times as much increase in power generation,” Mr Sporton said.
“All forms of electricity will have a role to play in India, indeed non-hydro renewables are forecast to grow almost exponentially – but our analysis shows the huge co-benefits of building modern coal plants. It’s for that reason that the World Coal Association believes there must be more international support for high efficiency low emission coal technology,” Mr Sporton said.
Noting recent developments in international coal financing policy, particularly with more restrictive positions from the World Bank and OECD, Mr Sporton said: “The international community needs to be taking an approach that helps deploy the most efficient coal in place of the least efficient coal technology, rather than just ignoring the reality that coal will play a very significant role in industrialising and urbanising economies like India.”
Source: World Coal
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Monday, 07 March 16
INDONESIAN 5700 GAR COAL INDEX DECLINE $0.05 A TON WEEK OVER WEEK
COALspot.com: Average 5000 GAR coal index of Indonesian origin decline 0.28 percent week over week to averaging $38.66 per ton on this past Friday, ...
Monday, 07 March 16
FREIGHT MARKET MOVING POSITIVE; ALL SEGMENTS EXCEPT CAPE SHOWING A FIRM TREND
COALspot.com: The freight market was steady this past week and showing a firm trend for all segments except for Cape index.
The Baltic Dry Ind ...
Friday, 04 March 16
GLOBAL ECONOMY'S JITTERS ARE SLOWING DOWN SHIPPING EVEN FURTHER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The global economy’s shaky condition to say the least is now hampering growth and as a result demand for shipping is slowing down, something ...
Friday, 04 March 16
U.S. YEAR-TO-DATE COAL PRODUCTION TOTALED 109.3 MMST; 30.2% LOWER THAN THE COMPARABLE YEAR-TO-DATE COAL PRODUCTION IN 2015 - EIA
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 13.1 million shor ...
Thursday, 03 March 16
INDIA'S BUDGET NOT ENOUGH TO BOOST STEELMAKERS' PROFITABILITY - FITCH RATINGS
COALspot.com: Fitch Ratings says that increase in proposed infrastructure spending in India's latest government budget is unlikely to provide a ...
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- Eastern Coal Council - USA
- Ceylon Electricity Board - Sri Lanka
- Gujarat Sidhee Cement - India
- Indo Tambangraya Megah - Indonesia
- Borneo Indobara - Indonesia
- Madhucon Powers Ltd - India
- Jaiprakash Power Ventures ltd
- Energy Link Ltd, New Zealand
- Antam Resourcindo - Indonesia
- Uttam Galva Steels Limited - India
- Australian Commodity Traders Exchange
- Semirara Mining and Power Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- White Energy Company Limited
- Edison Trading Spa - Italy
- GAC Shipping (India) Pvt Ltd
- Commonwealth Bank - Australia
- Riau Bara Harum - Indonesia
- Barasentosa Lestari - Indonesia
- The State Trading Corporation of India Ltd
- Bangladesh Power Developement Board
- Central Java Power - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- European Bulk Services B.V. - Netherlands
- Baramulti Group, Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Independent Power Producers Association of India
- Bhatia International Limited - India
- McConnell Dowell - Australia
- Ministry of Mines - Canada
- Indogreen Group - Indonesia
- Grasim Industreis Ltd - India
- GMR Energy Limited - India
- Timah Investasi Mineral - Indoneisa
- Therma Luzon, Inc, Philippines
- Minerals Council of Australia
- Indonesian Coal Mining Association
- Toyota Tsusho Corporation, Japan
- Savvy Resources Ltd - HongKong
- Chamber of Mines of South Africa
- Latin American Coal - Colombia
- Heidelberg Cement - Germany
- Australian Coal Association
- Parliament of New Zealand
- Bhushan Steel Limited - India
- Trasteel International SA, Italy
- Orica Australia Pty. Ltd.
- India Bulls Power Limited - India
- Metalloyd Limited - United Kingdom
- Port Waratah Coal Services - Australia
- Globalindo Alam Lestari - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- GVK Power & Infra Limited - India
- Semirara Mining Corp, Philippines
- Jindal Steel & Power Ltd - India
- PTC India Limited - India
- Rashtriya Ispat Nigam Limited - India
- PNOC Exploration Corporation - Philippines
- ICICI Bank Limited - India
- Cement Manufacturers Association - India
- Dalmia Cement Bharat India
- Marubeni Corporation - India
- Iligan Light & Power Inc, Philippines
- Bulk Trading Sa - Switzerland
- Medco Energi Mining Internasional
- Indian Oil Corporation Limited
- Ministry of Transport, Egypt
- Global Green Power PLC Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Kobexindo Tractors - Indoneisa
- Kepco SPC Power Corporation, Philippines
- Standard Chartered Bank - UAE
- Georgia Ports Authority, United States
- Mercator Lines Limited - India
- Bukit Baiduri Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- Vizag Seaport Private Limited - India
- Price Waterhouse Coopers - Russia
- Holcim Trading Pte Ltd - Singapore
- SMC Global Power, Philippines
- Cigading International Bulk Terminal - Indonesia
- Interocean Group of Companies - India
- Aboitiz Power Corporation - Philippines
- Malabar Cements Ltd - India
- Meenaskhi Energy Private Limited - India
- Coal and Oil Company - UAE
- Kumho Petrochemical, South Korea
- Formosa Plastics Group - Taiwan
- VISA Power Limited - India
- IEA Clean Coal Centre - UK
- SMG Consultants - Indonesia
- Wilmar Investment Holdings
- Bukit Makmur.PT - Indonesia
- Merrill Lynch Commodities Europe
- IHS Mccloskey Coal Group - USA
- Sree Jayajothi Cements Limited - India
- Energy Development Corp, Philippines
- Chettinad Cement Corporation Ltd - India
- Orica Mining Services - Indonesia
- Posco Energy - South Korea
- Sakthi Sugars Limited - India
- Indika Energy - Indonesia
- Tamil Nadu electricity Board
- Deloitte Consulting - India
- Essar Steel Hazira Ltd - India
- Ind-Barath Power Infra Limited - India
- Simpson Spence & Young - Indonesia
- SN Aboitiz Power Inc, Philippines
- The Treasury - Australian Government
- Directorate Of Revenue Intelligence - India
- Sindya Power Generating Company Private Ltd
- Coalindo Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Wood Mackenzie - Singapore
- Banpu Public Company Limited - Thailand
- Pendopo Energi Batubara - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- International Coal Ventures Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Pipit Mutiara Jaya. PT, Indonesia
- Sinarmas Energy and Mining - Indonesia
- Eastern Energy - Thailand
- TeaM Sual Corporation - Philippines
- Power Finance Corporation Ltd., India
- Lanco Infratech Ltd - India
- Meralco Power Generation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Kaltim Prima Coal - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Global Coal Blending Company Limited - Australia
- CNBM International Corporation - China
- Economic Council, Georgia
- London Commodity Brokers - England
- Salva Resources Pvt Ltd - India
- New Zealand Coal & Carbon
- Anglo American - United Kingdom
- The University of Queensland
- Electricity Authority, New Zealand
- Bayan Resources Tbk. - Indonesia
- Coastal Gujarat Power Limited - India
- Carbofer General Trading SA - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Xindia Steels Limited - India
- Thiess Contractors Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Romanian Commodities Exchange
- Aditya Birla Group - India
- Binh Thuan Hamico - Vietnam
- Straits Asia Resources Limited - Singapore
- Mjunction Services Limited - India
- Mintek Dendrill Indonesia
- Oldendorff Carriers - Singapore
- Makarim & Taira - Indonesia
- Siam City Cement - Thailand
- Attock Cement Pakistan Limited
- Sical Logistics Limited - India
- Ministry of Finance - Indonesia
- Sojitz Corporation - Japan
- Intertek Mineral Services - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Kapuas Tunggal Persada - Indonesia
- Indian Energy Exchange, India
- CIMB Investment Bank - Malaysia
- Star Paper Mills Limited - India
- Manunggal Multi Energi - Indonesia
- Central Electricity Authority - India
- AsiaOL BioFuels Corp., Philippines
- Africa Commodities Group - South Africa
- Kohat Cement Company Ltd. - Pakistan
- Vedanta Resources Plc - India
- Renaissance Capital - South Africa
- Samtan Co., Ltd - South Korea
- Ambuja Cements Ltd - India
- Singapore Mercantile Exchange
- South Luzon Thermal Energy Corporation
- Altura Mining Limited, Indonesia
- Parry Sugars Refinery, India
- Agrawal Coal Company - India
- Petron Corporation, Philippines
- ASAPP Information Group - India
- Kideco Jaya Agung - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Planning Commission, India
- Tata Chemicals Ltd - India
- Electricity Generating Authority of Thailand
- PetroVietnam Power Coal Import and Supply Company
- Jorong Barutama Greston.PT - Indonesia
- Goldman Sachs - Singapore
- Leighton Contractors Pty Ltd - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Thai Mozambique Logistica
- Rio Tinto Coal - Australia
- OPG Power Generation Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Asam (Persero) Tbk - Indonesia
- Global Business Power Corporation, Philippines
- PowerSource Philippines DevCo
- Billiton Holdings Pty Ltd - Australia
- Asmin Koalindo Tuhup - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Siam City Cement PLC, Thailand
- Bhoruka Overseas - Indonesia
- Bharathi Cement Corporation - India
- Sarangani Energy Corporation, Philippines
- Mercuria Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Larsen & Toubro Limited - India
- San Jose City I Power Corp, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Videocon Industries ltd - India
- MS Steel International - UAE
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