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Monday, 18 February 19
THE ROLE OF COAL IN INDIA'S ENERGY AMBITIONS - WCA
 India is the world’s second most populous country and figures among the world’s most rapidly growing economies.
The South Asian giant is home to one-fifth of the world’s population and an additional 315 million people – almost the population of the United States today – are expected to live in India’s cities by 2040.
Since 2010, the country’s GDP has grown at an annual average of 6.8% and it is projected to surpass Germany at some stage in the 2020s to become the fourth-largest in the world, and Japan sometime around 2040 to become the third.
Energy demand
India is the world’s third largest energy consumer, after China and the US.
However, as the country goes through profound economic and societal transformations, such as economic and population growth, urbanisation and industrialisation, energy demand is expected to increase substantially.
As an example, the ‘Make in India’ campaign, which puts manufacturing at the heart of India’s growth model, means that a large rise in energy will be needed to fuel India’s development.
It is not a surprise then that the country’s energy demand is projected to more than double through to 2040. By then, India’s energy demand will be half that of China, up from less than 30% in 2017, and its share of global demand will rise to 11% from 5% in 2016.
Coal in the energy mix
With India’s energy consumption growing by 4.6% per annum, faster than any other major economy across the world, coal will be essential to help the country meet its future energy needs.
As reported by the 2018 International Energy Agency World Energy Outlook, coal is and will continue to be the country’s largest source of energy, maintaining its historic and crucial role in fuelling developing economies and infrastructure.
Despite the significant growth of renewables, coal still accounts for the primary share of generation in India, supplying 74% of its electricity.
Yet, even as the Modi government strives to ensure universal electricity access by the early 2020s, India’s power system will need to almost quadruple its size by 2040, and investments up to $2 trillion will be required to keep pace with increasing demand.
Large-scale power generation will be at the heart of India’s strategy to electrification, with coal-fired power output forecast to almost double by 2040. This means that while solar will support energy access in rural communities, coal will power up the growing cities, industries and businesses that are key to India’s economic growth.
The outlook
Coal has allowed millions of people to gain access to energy and will continue to be essential to India’s development and rapid urbanisation.
Looking ahead, with coal demand in the country predicted to rise by 120% through to 2040 (IEA), it is clear that it will remain a crucial part of India’s future energy system, as well as acting as a critical enabler for electrification.
Source: World Coal Association
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Wednesday, 06 February 19
THE BDI HAS EASED BACK TO 645 BP, ITS LOWEST LEVEL SINCE AUGUST 2016 - ALLIED
The dry bulk sector is in the doldrums, with most market participants seemingly left utterly perplexed, and simultaneously, in pursuit of any posit ...
Monday, 04 February 19
COAL STILL IN HIGH DEMAND GLOBALLY
Although the world is switching to renewable energy there is still a big demand for coal around the globe.
This is according to Cany ...
Friday, 01 February 19
ULTRAMAX WAS FIXED DELIVERY KALIMANTAN, FOR TRIP TO WEST COAST INDIA AT $7,000 - BALTIC BRIEFING
Capesize
The Vale dam tragedy sparked a sharp fall in rates across all regions even where tonnage remained tight. The potential loss of product ...
Friday, 01 February 19
SEMBCORP SELECTS NORDEN FOR LONG-TERM INDIAN CONTRACT
NORDEN A/S has signed a 10-year Panamax Contract of Affreightment (COA) with Indian utility firm Sembcorp Energy India Ltd.
From 1 A ...
Tuesday, 29 January 19
HARD COAL BEARS THE BRUNT OF THE RECOMMENDATIONS OF THE COMMISSION GROWTH STRUCTURAL CHANGE AND EMPLOYMENT - VDKI
Press Release: Hard coal bears the brunt of the recommendations of the Commission Growth Structural change and employment.
In its fi ...
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- Eastern Coal Council - USA
- Banpu Public Company Limited - Thailand
- India Bulls Power Limited - India
- The University of Queensland
- Xindia Steels Limited - India
- Sindya Power Generating Company Private Ltd
- Kideco Jaya Agung - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Tata Chemicals Ltd - India
- TeaM Sual Corporation - Philippines
- Jaiprakash Power Ventures ltd
- Planning Commission, India
- Sree Jayajothi Cements Limited - India
- Kapuas Tunggal Persada - Indonesia
- ASAPP Information Group - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- IEA Clean Coal Centre - UK
- Videocon Industries ltd - India
- Bangladesh Power Developement Board
- Indo Tambangraya Megah - Indonesia
- Barasentosa Lestari - Indonesia
- Karaikal Port Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Parry Sugars Refinery, India
- Malabar Cements Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Cement Manufacturers Association - India
- Africa Commodities Group - South Africa
- Mjunction Services Limited - India
- Bhushan Steel Limited - India
- Binh Thuan Hamico - Vietnam
- Rio Tinto Coal - Australia
- Central Java Power - Indonesia
- Timah Investasi Mineral - Indoneisa
- Essar Steel Hazira Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indian Energy Exchange, India
- Pendopo Energi Batubara - Indonesia
- New Zealand Coal & Carbon
- Anglo American - United Kingdom
- Commonwealth Bank - Australia
- Gujarat Mineral Development Corp Ltd - India
- Independent Power Producers Association of India
- Deloitte Consulting - India
- Australian Commodity Traders Exchange
- Star Paper Mills Limited - India
- Petron Corporation, Philippines
- Tamil Nadu electricity Board
- AsiaOL BioFuels Corp., Philippines
- Standard Chartered Bank - UAE
- IHS Mccloskey Coal Group - USA
- Central Electricity Authority - India
- Rashtriya Ispat Nigam Limited - India
- Karbindo Abesyapradhi - Indoneisa
- International Coal Ventures Pvt Ltd - India
- Bhatia International Limited - India
- Medco Energi Mining Internasional
- Eastern Energy - Thailand
- Minerals Council of Australia
- Electricity Authority, New Zealand
- Dalmia Cement Bharat India
- Siam City Cement PLC, Thailand
- Heidelberg Cement - Germany
- Wood Mackenzie - Singapore
- Indika Energy - Indonesia
- Thiess Contractors Indonesia
- Energy Development Corp, Philippines
- Vedanta Resources Plc - India
- Bahari Cakrawala Sebuku - Indonesia
- SMG Consultants - Indonesia
- Samtan Co., Ltd - South Korea
- Coastal Gujarat Power Limited - India
- Ind-Barath Power Infra Limited - India
- Marubeni Corporation - India
- Kobexindo Tractors - Indoneisa
- Straits Asia Resources Limited - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Ceylon Electricity Board - Sri Lanka
- PTC India Limited - India
- Bayan Resources Tbk. - Indonesia
- LBH Netherlands Bv - Netherlands
- VISA Power Limited - India
- Price Waterhouse Coopers - Russia
- Billiton Holdings Pty Ltd - Australia
- SMC Global Power, Philippines
- Alfred C Toepfer International GmbH - Germany
- Edison Trading Spa - Italy
- Renaissance Capital - South Africa
- Gujarat Electricity Regulatory Commission - India
- Georgia Ports Authority, United States
- Aboitiz Power Corporation - Philippines
- Savvy Resources Ltd - HongKong
- Directorate General of MIneral and Coal - Indonesia
- Australian Coal Association
- Ministry of Mines - Canada
- Mintek Dendrill Indonesia
- Larsen & Toubro Limited - India
- Sarangani Energy Corporation, Philippines
- Agrawal Coal Company - India
- Global Green Power PLC Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Trasteel International SA, Italy
- Maheswari Brothers Coal Limited - India
- GVK Power & Infra Limited - India
- White Energy Company Limited
- GAC Shipping (India) Pvt Ltd
- Gujarat Sidhee Cement - India
- Electricity Generating Authority of Thailand
- Borneo Indobara - Indonesia
- Siam City Cement - Thailand
- Carbofer General Trading SA - India
- The State Trading Corporation of India Ltd
- Mercator Lines Limited - India
- European Bulk Services B.V. - Netherlands
- Port Waratah Coal Services - Australia
- Grasim Industreis Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Singapore Mercantile Exchange
- Globalindo Alam Lestari - Indonesia
- Iligan Light & Power Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- Uttam Galva Steels Limited - India
- San Jose City I Power Corp, Philippines
- Madhucon Powers Ltd - India
- Power Finance Corporation Ltd., India
- CNBM International Corporation - China
- Bukit Makmur.PT - Indonesia
- Meralco Power Generation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Leighton Contractors Pty Ltd - Australia
- South Luzon Thermal Energy Corporation
- Altura Mining Limited, Indonesia
- Ministry of Finance - Indonesia
- Orica Australia Pty. Ltd.
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coal and Oil Company - UAE
- Merrill Lynch Commodities Europe
- PowerSource Philippines DevCo
- Kepco SPC Power Corporation, Philippines
- Mercuria Energy - Indonesia
- ICICI Bank Limited - India
- Toyota Tsusho Corporation, Japan
- London Commodity Brokers - England
- Vizag Seaport Private Limited - India
- CIMB Investment Bank - Malaysia
- Sojitz Corporation - Japan
- Energy Link Ltd, New Zealand
- Bulk Trading Sa - Switzerland
- Pipit Mutiara Jaya. PT, Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Wilmar Investment Holdings
- Krishnapatnam Port Company Ltd. - India
- Petrochimia International Co. Ltd.- Taiwan
- Aditya Birla Group - India
- PNOC Exploration Corporation - Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Semirara Mining Corp, Philippines
- Sakthi Sugars Limited - India
- Indogreen Group - Indonesia
- Oldendorff Carriers - Singapore
- Global Coal Blending Company Limited - Australia
- Posco Energy - South Korea
- Kaltim Prima Coal - Indonesia
- Romanian Commodities Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ministry of Transport, Egypt
- SN Aboitiz Power Inc, Philippines
- The Treasury - Australian Government
- Indonesian Coal Mining Association
- Goldman Sachs - Singapore
- Antam Resourcindo - Indonesia
- Thai Mozambique Logistica
- Manunggal Multi Energi - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bharathi Cement Corporation - India
- Parliament of New Zealand
- Coalindo Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Interocean Group of Companies - India
- Directorate Of Revenue Intelligence - India
- Latin American Coal - Colombia
- Cigading International Bulk Terminal - Indonesia
- Formosa Plastics Group - Taiwan
- Riau Bara Harum - Indonesia
- McConnell Dowell - Australia
- Chamber of Mines of South Africa
- Jorong Barutama Greston.PT - Indonesia
- Metalloyd Limited - United Kingdom
- Sical Logistics Limited - India
- Makarim & Taira - Indonesia
- MS Steel International - UAE
- Ambuja Cements Ltd - India
- Attock Cement Pakistan Limited
- Economic Council, Georgia
- GN Power Mariveles Coal Plant, Philippines
- Therma Luzon, Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indian Oil Corporation Limited
- Lanco Infratech Ltd - India
- Meenaskhi Energy Private Limited - India
- Kumho Petrochemical, South Korea
- GMR Energy Limited - India
- Bukit Baiduri Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Global Business Power Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Baramulti Group, Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Bhoruka Overseas - Indonesia
- Orica Mining Services - Indonesia
- Jindal Steel & Power Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Simpson Spence & Young - Indonesia
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