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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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Friday, 12 February 16
COAL PRICES ARE EXPECTED TO DECLINE 13% IN 2016 TO $50 ATON, ON CONTINUED WEAK DEMAND AND OVERSUPPLY - WORLD BANK
COALspot.com: Thermal coal prices fell 9 percent in the fourth quarter on continued weak demand, high stocks, and surplus production, World Bank sa ...
Friday, 12 February 16
U.S. COAL PRODUCTION OFF 5.4% FROM LAST WEEK - EIA
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 12.9 million shor ...
Thursday, 11 February 16
GLOBAL NEWBUILDING ORDERBOOK IS SHRINKING ON A DAILY BASIS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
2016 has started right where 2015 left off when it comes to newbuilding ordering activity, i.e. there are slim pickings to be had from shipyards ar ...
Wednesday, 10 February 16
SOUTH AFRICA IS HOPING TO SHIP MORE COAL TO INDIA IN 2016
COALspot.com: South Africa is hoping to boost coal exports to India after shipping a record 75.4 million tonnes of coal in 2015, industry officials ...
Wednesday, 10 February 16
OWNERS APPEAR WILLING TO DISPOSE OF TONNAGE THE SOONEST IT HITS THE 10 YEAR MARK - TIMOS PAPADIMITRIOU
COALspot.com: The last two months of 2015 made a case for traditional shipowners to invest in the dry bulk sector, doing so though based purely on ...
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- Pendopo Energi Batubara - Indonesia
- Mercuria Energy - Indonesia
- Bukit Baiduri Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Xindia Steels Limited - India
- Kideco Jaya Agung - Indonesia
- Orica Mining Services - Indonesia
- Australian Commodity Traders Exchange
- Mercator Lines Limited - India
- Binh Thuan Hamico - Vietnam
- Indonesian Coal Mining Association
- Bulk Trading Sa - Switzerland
- Globalindo Alam Lestari - Indonesia
- Indo Tambangraya Megah - Indonesia
- Medco Energi Mining Internasional
- Electricity Generating Authority of Thailand
- Petron Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Meralco Power Generation, Philippines
- Alfred C Toepfer International GmbH - Germany
- SMG Consultants - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Chamber of Mines of South Africa
- Borneo Indobara - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Lanco Infratech Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Ind-Barath Power Infra Limited - India
- Parry Sugars Refinery, India
- LBH Netherlands Bv - Netherlands
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Uttam Galva Steels Limited - India
- Rashtriya Ispat Nigam Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- International Coal Ventures Pvt Ltd - India
- Independent Power Producers Association of India
- Makarim & Taira - Indonesia
- Coalindo Energy - Indonesia
- CNBM International Corporation - China
- Kartika Selabumi Mining - Indonesia
- India Bulls Power Limited - India
- ICICI Bank Limited - India
- Aditya Birla Group - India
- IHS Mccloskey Coal Group - USA
- Vizag Seaport Private Limited - India
- AsiaOL BioFuels Corp., Philippines
- Savvy Resources Ltd - HongKong
- Timah Investasi Mineral - Indoneisa
- Krishnapatnam Port Company Ltd. - India
- Sindya Power Generating Company Private Ltd
- Indian Energy Exchange, India
- Global Green Power PLC Corporation, Philippines
- Attock Cement Pakistan Limited
- Wilmar Investment Holdings
- Straits Asia Resources Limited - Singapore
- Antam Resourcindo - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Intertek Mineral Services - Indonesia
- Bangladesh Power Developement Board
- Cement Manufacturers Association - India
- ASAPP Information Group - India
- Salva Resources Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Coal and Oil Company - UAE
- Toyota Tsusho Corporation, Japan
- Miang Besar Coal Terminal - Indonesia
- Meenaskhi Energy Private Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Manunggal Multi Energi - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Sakthi Sugars Limited - India
- Karaikal Port Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Thiess Contractors Indonesia
- OPG Power Generation Pvt Ltd - India
- Siam City Cement - Thailand
- Central Electricity Authority - India
- Jorong Barutama Greston.PT - Indonesia
- Larsen & Toubro Limited - India
- Heidelberg Cement - Germany
- Deloitte Consulting - India
- Port Waratah Coal Services - Australia
- Videocon Industries ltd - India
- Power Finance Corporation Ltd., India
- Orica Australia Pty. Ltd.
- San Jose City I Power Corp, Philippines
- Energy Development Corp, Philippines
- Vedanta Resources Plc - India
- Trasteel International SA, Italy
- Therma Luzon, Inc, Philippines
- Altura Mining Limited, Indonesia
- Coastal Gujarat Power Limited - India
- Essar Steel Hazira Ltd - India
- Latin American Coal - Colombia
- Tata Chemicals Ltd - India
- Global Coal Blending Company Limited - Australia
- Kepco SPC Power Corporation, Philippines
- Africa Commodities Group - South Africa
- Bhoruka Overseas - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Renaissance Capital - South Africa
- Oldendorff Carriers - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ministry of Mines - Canada
- Agrawal Coal Company - India
- Simpson Spence & Young - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Carbofer General Trading SA - India
- Ministry of Finance - Indonesia
- The University of Queensland
- GAC Shipping (India) Pvt Ltd
- Sojitz Corporation - Japan
- Singapore Mercantile Exchange
- Aboitiz Power Corporation - Philippines
- Eastern Energy - Thailand
- Bhatia International Limited - India
- MS Steel International - UAE
- Indian Oil Corporation Limited
- Gujarat Sidhee Cement - India
- Bayan Resources Tbk. - Indonesia
- GVK Power & Infra Limited - India
- Sree Jayajothi Cements Limited - India
- Central Java Power - Indonesia
- Interocean Group of Companies - India
- Siam City Cement PLC, Thailand
- Kobexindo Tractors - Indoneisa
- Mintek Dendrill Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Eastern Coal Council - USA
- Australian Coal Association
- Directorate Of Revenue Intelligence - India
- New Zealand Coal & Carbon
- Riau Bara Harum - Indonesia
- Madhucon Powers Ltd - India
- PNOC Exploration Corporation - Philippines
- SN Aboitiz Power Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Anglo American - United Kingdom
- Baramulti Group, Indonesia
- PowerSource Philippines DevCo
- Bhushan Steel Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Barasentosa Lestari - Indonesia
- Electricity Authority, New Zealand
- Commonwealth Bank - Australia
- Planning Commission, India
- VISA Power Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Rio Tinto Coal - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jaiprakash Power Ventures ltd
- Semirara Mining Corp, Philippines
- European Bulk Services B.V. - Netherlands
- McConnell Dowell - Australia
- Sical Logistics Limited - India
- Bharathi Cement Corporation - India
- Pipit Mutiara Jaya. PT, Indonesia
- The Treasury - Australian Government
- Maheswari Brothers Coal Limited - India
- Grasim Industreis Ltd - India
- GMR Energy Limited - India
- Metalloyd Limited - United Kingdom
- Asmin Koalindo Tuhup - Indonesia
- Edison Trading Spa - Italy
- Maharashtra Electricity Regulatory Commission - India
- Thai Mozambique Logistica
- Global Business Power Corporation, Philippines
- Posco Energy - South Korea
- Tamil Nadu electricity Board
- Chettinad Cement Corporation Ltd - India
- Indika Energy - Indonesia
- White Energy Company Limited
- Parliament of New Zealand
- The State Trading Corporation of India Ltd
- CIMB Investment Bank - Malaysia
- London Commodity Brokers - England
- IEA Clean Coal Centre - UK
- Economic Council, Georgia
- PTC India Limited - India
- Georgia Ports Authority, United States
- Ministry of Transport, Egypt
- Offshore Bulk Terminal Pte Ltd, Singapore
- Karbindo Abesyapradhi - Indoneisa
- South Luzon Thermal Energy Corporation
- Goldman Sachs - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Leighton Contractors Pty Ltd - Australia
- Merrill Lynch Commodities Europe
- Standard Chartered Bank - UAE
- TeaM Sual Corporation - Philippines
- Romanian Commodities Exchange
- Energy Link Ltd, New Zealand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Banpu Public Company Limited - Thailand
- Iligan Light & Power Inc, Philippines
- Bukit Makmur.PT - Indonesia
- Dalmia Cement Bharat India
- Indogreen Group - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Malabar Cements Ltd - India
- Wood Mackenzie - Singapore
- Formosa Plastics Group - Taiwan
- GN Power Mariveles Coal Plant, Philippines
- Minerals Council of Australia
- Ambuja Cements Ltd - India
- SMC Global Power, Philippines
- Marubeni Corporation - India
- Ceylon Electricity Board - Sri Lanka
- Price Waterhouse Coopers - Russia
- Star Paper Mills Limited - India
- Mjunction Services Limited - India
- Kumho Petrochemical, South Korea
- Kaltim Prima Coal - Indonesia
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