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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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Saturday, 09 January 16
BALTIC DRY INDEX SINKS 10% WEEK OVER WEEK TO AN ALL-TIME LOW OF 429 POINTS
COALspot.com: The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, decline around 10% we ...
Friday, 08 January 16
FOB INDONESIA COAL SWAP FOR DELIVERY H1'16 REMAIN FLAT AS DEMAND DROPS OFF
COALspot.com: Indonesian coal swap delivery Q1 2016 declined month on month, flat week over week. The price for coal has been in a Dull Market sinc ...
Friday, 08 January 16
FOB RICHARDS BAY COAL SWAP FOR Q2'16 DELIVERY CLOSED UP $0.13 AT $45.50 PER TON
COALspot.com: Q1’ 2016 API4 FOB Richards Bay Coal swap decline month over month and slightly up week over week.
The Q1’ 2016 FOB R ...
Friday, 08 January 16
WEEKLY US COAL PRODUCTION DECLINES 1.6% TO 11.7 MMST, SAYS EIA
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 11.7million short ...
Friday, 08 January 16
DRY BULK MARKET'S CRISIS DEEPENS AS RATES ARE DROPPING TO NEW RECORD LOWS BY THE DAY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Just when you would think that the dry bulk market is reaching its bottom, even as it has long surpassed all-time lows, each day that passes by at ...
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- Petron Corporation, Philippines
- Ministry of Transport, Egypt
- Indonesian Coal Mining Association
- Independent Power Producers Association of India
- Africa Commodities Group - South Africa
- Petrochimia International Co. Ltd.- Taiwan
- ASAPP Information Group - India
- Anglo American - United Kingdom
- Edison Trading Spa - Italy
- CNBM International Corporation - China
- Meralco Power Generation, Philippines
- Grasim Industreis Ltd - India
- San Jose City I Power Corp, Philippines
- Indika Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Vedanta Resources Plc - India
- Holcim Trading Pte Ltd - Singapore
- Deloitte Consulting - India
- Mercator Lines Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Bhoruka Overseas - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Indo Tambangraya Megah - Indonesia
- Aboitiz Power Corporation - Philippines
- Savvy Resources Ltd - HongKong
- Attock Cement Pakistan Limited
- Altura Mining Limited, Indonesia
- Sojitz Corporation - Japan
- Maheswari Brothers Coal Limited - India
- Vizag Seaport Private Limited - India
- Ministry of Mines - Canada
- AsiaOL BioFuels Corp., Philippines
- Commonwealth Bank - Australia
- Cigading International Bulk Terminal - Indonesia
- Tata Chemicals Ltd - India
- PowerSource Philippines DevCo
- Sree Jayajothi Cements Limited - India
- Sakthi Sugars Limited - India
- Carbofer General Trading SA - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bharathi Cement Corporation - India
- Larsen & Toubro Limited - India
- Parliament of New Zealand
- South Luzon Thermal Energy Corporation
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Electricity Authority, New Zealand
- Essar Steel Hazira Ltd - India
- Mintek Dendrill Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Chamber of Mines of South Africa
- Central Java Power - Indonesia
- Eastern Coal Council - USA
- Economic Council, Georgia
- Planning Commission, India
- India Bulls Power Limited - India
- Wood Mackenzie - Singapore
- Aditya Birla Group - India
- Karaikal Port Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Jindal Steel & Power Ltd - India
- Intertek Mineral Services - Indonesia
- Bukit Makmur.PT - Indonesia
- Thiess Contractors Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Metalloyd Limited - United Kingdom
- Mjunction Services Limited - India
- Agrawal Coal Company - India
- Billiton Holdings Pty Ltd - Australia
- Romanian Commodities Exchange
- Ministry of Finance - Indonesia
- Siam City Cement PLC, Thailand
- Kartika Selabumi Mining - Indonesia
- Orica Mining Services - Indonesia
- Semirara Mining Corp, Philippines
- Singapore Mercantile Exchange
- Jaiprakash Power Ventures ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kapuas Tunggal Persada - Indonesia
- Pendopo Energi Batubara - Indonesia
- Gujarat Sidhee Cement - India
- International Coal Ventures Pvt Ltd - India
- Indogreen Group - Indonesia
- Banpu Public Company Limited - Thailand
- Asmin Koalindo Tuhup - Indonesia
- The University of Queensland
- Vijayanagar Sugar Pvt Ltd - India
- McConnell Dowell - Australia
- Australian Commodity Traders Exchange
- Ambuja Cements Ltd - India
- Ind-Barath Power Infra Limited - India
- Global Green Power PLC Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- LBH Netherlands Bv - Netherlands
- OPG Power Generation Pvt Ltd - India
- Coal and Oil Company - UAE
- Kumho Petrochemical, South Korea
- CIMB Investment Bank - Malaysia
- Iligan Light & Power Inc, Philippines
- Standard Chartered Bank - UAE
- Straits Asia Resources Limited - Singapore
- Malabar Cements Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Port Waratah Coal Services - Australia
- Goldman Sachs - Singapore
- Energy Development Corp, Philippines
- Simpson Spence & Young - Indonesia
- European Bulk Services B.V. - Netherlands
- SN Aboitiz Power Inc, Philippines
- Medco Energi Mining Internasional
- Coalindo Energy - Indonesia
- The State Trading Corporation of India Ltd
- Kaltim Prima Coal - Indonesia
- Riau Bara Harum - Indonesia
- Toyota Tsusho Corporation, Japan
- PTC India Limited - India
- ICICI Bank Limited - India
- Bhatia International Limited - India
- Oldendorff Carriers - Singapore
- New Zealand Coal & Carbon
- Central Electricity Authority - India
- Sindya Power Generating Company Private Ltd
- Baramulti Group, Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Coastal Gujarat Power Limited - India
- Power Finance Corporation Ltd., India
- Latin American Coal - Colombia
- Sical Logistics Limited - India
- Price Waterhouse Coopers - Russia
- Pipit Mutiara Jaya. PT, Indonesia
- Leighton Contractors Pty Ltd - Australia
- Renaissance Capital - South Africa
- Salva Resources Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Indian Energy Exchange, India
- Maharashtra Electricity Regulatory Commission - India
- Bayan Resources Tbk. - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Sinarmas Energy and Mining - Indonesia
- Indian Oil Corporation Limited
- IHS Mccloskey Coal Group - USA
- Binh Thuan Hamico - Vietnam
- Orica Australia Pty. Ltd.
- Posco Energy - South Korea
- The Treasury - Australian Government
- Thai Mozambique Logistica
- Semirara Mining and Power Corporation, Philippines
- Borneo Indobara - Indonesia
- GVK Power & Infra Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GAC Shipping (India) Pvt Ltd
- Bulk Trading Sa - Switzerland
- London Commodity Brokers - England
- Therma Luzon, Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- SMC Global Power, Philippines
- SMG Consultants - Indonesia
- GMR Energy Limited - India
- Georgia Ports Authority, United States
- Bahari Cakrawala Sebuku - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Bukit Baiduri Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Global Coal Blending Company Limited - Australia
- Eastern Energy - Thailand
- Directorate Of Revenue Intelligence - India
- Interocean Group of Companies - India
- TeaM Sual Corporation - Philippines
- Barasentosa Lestari - Indonesia
- Bhushan Steel Limited - India
- Miang Besar Coal Terminal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Tamil Nadu electricity Board
- Heidelberg Cement - Germany
- Bangladesh Power Developement Board
- IEA Clean Coal Centre - UK
- Makarim & Taira - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Rio Tinto Coal - Australia
- Formosa Plastics Group - Taiwan
- Mercuria Energy - Indonesia
- Siam City Cement - Thailand
- Cement Manufacturers Association - India
- Uttam Galva Steels Limited - India
- Videocon Industries ltd - India
- Antam Resourcindo - Indonesia
- Sarangani Energy Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Globalindo Alam Lestari - Indonesia
- Meenaskhi Energy Private Limited - India
- Merrill Lynch Commodities Europe
- Xindia Steels Limited - India
- White Energy Company Limited
- Ceylon Electricity Board - Sri Lanka
- Electricity Generating Authority of Thailand
- Lanco Infratech Ltd - India
- Wilmar Investment Holdings
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Parry Sugars Refinery, India
- Rashtriya Ispat Nigam Limited - India
- Dalmia Cement Bharat India
- MS Steel International - UAE
- Kepco SPC Power Corporation, Philippines
- Madhucon Powers Ltd - India
- Timah Investasi Mineral - Indoneisa
- Minerals Council of Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Marubeni Corporation - India
- VISA Power Limited - India
- Australian Coal Association
- Global Business Power Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- Gujarat Electricity Regulatory Commission - India
- Trasteel International SA, Italy
- Star Paper Mills Limited - India
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