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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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- Indonesian Coal Mining Association
- Directorate Of Revenue Intelligence - India
- Grasim Industreis Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Barasentosa Lestari - Indonesia
- Indian Energy Exchange, India
- Miang Besar Coal Terminal - Indonesia
- Indika Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- Asmin Koalindo Tuhup - Indonesia
- India Bulls Power Limited - India
- IEA Clean Coal Centre - UK
- PTC India Limited - India
- Banpu Public Company Limited - Thailand
- Carbofer General Trading SA - India
- Jorong Barutama Greston.PT - Indonesia
- Tata Chemicals Ltd - India
- Karaikal Port Pvt Ltd - India
- Lanco Infratech Ltd - India
- Ministry of Mines - Canada
- Bahari Cakrawala Sebuku - Indonesia
- Savvy Resources Ltd - HongKong
- Borneo Indobara - Indonesia
- Globalindo Alam Lestari - Indonesia
- Ministry of Transport, Egypt
- Essar Steel Hazira Ltd - India
- Price Waterhouse Coopers - Russia
- Kohat Cement Company Ltd. - Pakistan
- Gujarat Mineral Development Corp Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Eastern Coal Council - USA
- Sojitz Corporation - Japan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Global Coal Blending Company Limited - Australia
- Meralco Power Generation, Philippines
- Oldendorff Carriers - Singapore
- Interocean Group of Companies - India
- Romanian Commodities Exchange
- Gujarat Electricity Regulatory Commission - India
- Minerals Council of Australia
- Port Waratah Coal Services - Australia
- Standard Chartered Bank - UAE
- TeaM Sual Corporation - Philippines
- Jindal Steel & Power Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Indo Tambangraya Megah - Indonesia
- Independent Power Producers Association of India
- Therma Luzon, Inc, Philippines
- Binh Thuan Hamico - Vietnam
- Neyveli Lignite Corporation Ltd, - India
- Vizag Seaport Private Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Singapore Mercantile Exchange
- VISA Power Limited - India
- PNOC Exploration Corporation - Philippines
- OPG Power Generation Pvt Ltd - India
- Planning Commission, India
- Central Electricity Authority - India
- Economic Council, Georgia
- Bulk Trading Sa - Switzerland
- Parliament of New Zealand
- Sarangani Energy Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Marubeni Corporation - India
- Chamber of Mines of South Africa
- Vijayanagar Sugar Pvt Ltd - India
- Baramulti Group, Indonesia
- Formosa Plastics Group - Taiwan
- Metalloyd Limited - United Kingdom
- Kartika Selabumi Mining - Indonesia
- Kideco Jaya Agung - Indonesia
- Latin American Coal - Colombia
- Timah Investasi Mineral - Indoneisa
- Vedanta Resources Plc - India
- GAC Shipping (India) Pvt Ltd
- Goldman Sachs - Singapore
- Cement Manufacturers Association - India
- CIMB Investment Bank - Malaysia
- Edison Trading Spa - Italy
- Indogreen Group - Indonesia
- Posco Energy - South Korea
- Africa Commodities Group - South Africa
- Xindia Steels Limited - India
- Chettinad Cement Corporation Ltd - India
- Bukit Makmur.PT - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Aditya Birla Group - India
- Holcim Trading Pte Ltd - Singapore
- Global Green Power PLC Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Star Paper Mills Limited - India
- Kobexindo Tractors - Indoneisa
- Jaiprakash Power Ventures ltd
- Anglo American - United Kingdom
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sindya Power Generating Company Private Ltd
- The Treasury - Australian Government
- Bangladesh Power Developement Board
- Mercator Lines Limited - India
- Renaissance Capital - South Africa
- Riau Bara Harum - Indonesia
- Australian Commodity Traders Exchange
- Kumho Petrochemical, South Korea
- Wilmar Investment Holdings
- Sical Logistics Limited - India
- Indian Oil Corporation Limited
- Coalindo Energy - Indonesia
- ASAPP Information Group - India
- Energy Link Ltd, New Zealand
- London Commodity Brokers - England
- The State Trading Corporation of India Ltd
- Medco Energi Mining Internasional
- SMG Consultants - Indonesia
- Sree Jayajothi Cements Limited - India
- Pendopo Energi Batubara - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Gujarat Sidhee Cement - India
- Straits Asia Resources Limited - Singapore
- Kepco SPC Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Kapuas Tunggal Persada - Indonesia
- Dalmia Cement Bharat India
- Electricity Generating Authority of Thailand
- Thai Mozambique Logistica
- Mjunction Services Limited - India
- PowerSource Philippines DevCo
- Leighton Contractors Pty Ltd - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Agrawal Coal Company - India
- Central Java Power - Indonesia
- White Energy Company Limited
- Commonwealth Bank - Australia
- Power Finance Corporation Ltd., India
- Billiton Holdings Pty Ltd - Australia
- Alfred C Toepfer International GmbH - Germany
- Altura Mining Limited, Indonesia
- GVK Power & Infra Limited - India
- Coastal Gujarat Power Limited - India
- Mintek Dendrill Indonesia
- Meenaskhi Energy Private Limited - India
- Electricity Authority, New Zealand
- Tamil Nadu electricity Board
- Videocon Industries ltd - India
- AsiaOL BioFuels Corp., Philippines
- Orica Mining Services - Indonesia
- Bhushan Steel Limited - India
- Mercuria Energy - Indonesia
- Global Business Power Corporation, Philippines
- Malabar Cements Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- San Jose City I Power Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Bhatia International Limited - India
- Attock Cement Pakistan Limited
- Georgia Ports Authority, United States
- Sinarmas Energy and Mining - Indonesia
- IHS Mccloskey Coal Group - USA
- Rashtriya Ispat Nigam Limited - India
- MS Steel International - UAE
- Siam City Cement PLC, Thailand
- McConnell Dowell - Australia
- Maharashtra Electricity Regulatory Commission - India
- SMC Global Power, Philippines
- Wood Mackenzie - Singapore
- GMR Energy Limited - India
- Energy Development Corp, Philippines
- Antam Resourcindo - Indonesia
- Simpson Spence & Young - Indonesia
- Petron Corporation, Philippines
- Trasteel International SA, Italy
- Orica Australia Pty. Ltd.
- LBH Netherlands Bv - Netherlands
- Australian Coal Association
- Larsen & Toubro Limited - India
- The University of Queensland
- Heidelberg Cement - Germany
- Parry Sugars Refinery, India
- Manunggal Multi Energi - Indonesia
- Salva Resources Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Siam City Cement - Thailand
- Bharathi Cement Corporation - India
- ICICI Bank Limited - India
- Madhucon Powers Ltd - India
- Kaltim Prima Coal - Indonesia
- Aboitiz Power Corporation - Philippines
- Ambuja Cements Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Semirara Mining Corp, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Rio Tinto Coal - Australia
- South Luzon Thermal Energy Corporation
- SN Aboitiz Power Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Coal and Oil Company - UAE
- Pipit Mutiara Jaya. PT, Indonesia
- Makarim & Taira - Indonesia
- Eastern Energy - Thailand
- Intertek Mineral Services - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Thiess Contractors Indonesia
- Iligan Light & Power Inc, Philippines
- Ministry of Finance - Indonesia
- Toyota Tsusho Corporation, Japan
- Uttam Galva Steels Limited - India
- CNBM International Corporation - China
- GN Power Mariveles Coal Plant, Philippines
- Samtan Co., Ltd - South Korea
- New Zealand Coal & Carbon
- Sakthi Sugars Limited - India
- Merrill Lynch Commodities Europe
- Deloitte Consulting - India
- Maheswari Brothers Coal Limited - India
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