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Wednesday, 22 January 20
INDIA: COAL PRODUCTION FROM CAPTIVE MINES RAISES 24% OUTPUT IN APRIL TO DECEMBER - FINANCIAL EXPRESS
Coal production from captive mines in the first nine months of the ongoing financial year was up 24% year-on-year (y-o-y) at 40.93 million tonne (MT). However, about 53% of the output came from coal blocks, which were not cancelled by the Supreme Court in its September 2014 order.
The apex court had then cancelled 204 out of 218 captive coal block licences, saying these had been allocated in an illegal and arbitrary manner. After the apex court ruling, 36 captive coal mines have been auctioned so far. Of these, 11 are producing coal at present. Allocations of nine mines have been terminated for various reasons.
The Union government has recently issued the Mineral Laws Amendment Ordinance, 2020, which removes end-use restrictions in coal blocks to be put up for auctions, essentially ending the practice of captive mining and allowing coal mine developers to sell the fuel to consumers in the open market. The MMDR Act, 1957, and the CMSP Act, 2015, have also been amended to allocate coal blocks for composite prospecting licence-cum-mining lease to make it more attractive for commercial mining. This has put an end to the long-held monopoly of public-sector behemoth Coal India (CIL).
Production by CIL declined 5.8% annually to 388.4 MT in the first nine months of FY20, mainly due to excessive rainfall hampering mining operations during the monsoons. Law and order issues in some major mines and several employee union strikes after the Cabinet’s February 2019 decision to ease mining norms for private companies also hampered the world’s largest miner’s production. CIL’s supply to the power sector also shrank 8.1% annually to 334.3 MT in April-December FY20. However, power plants are currently stocked with coal, which can last them for as many as 19 days. The fuel reserves had critically come down to 11 days in the same period last year. Experts have attributed lower coal off-take by power plants to muted electricity demand amid economic slowdown.
Coal companies have to moderate production according to off-take, as coal cannot be stockpiled beyond a certain quantity without the risk of catching fire.
Source: Financial Express
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Monday, 24 June 24
PHILIPPINES COAL SUPPLY ENOUGH UNTIL 2030 - PHILSTAR GLOBAL
The country’s existing coal-fired power plants are sufficient to ensure enough base load capacity in the next six years, Energy Secretary Rap ...
Friday, 14 June 24
NEXTDECADE, SAUDI ARAMCO SIGN 20-YEAR LNG SUPPLY DEAL - REUTERS
U.S. liquefied natural gas (LNG) provider NextDecade has signed a non-binding agreement with Saudi Aramco 2222.SE to supply 1.2 million tonnes per ...
Friday, 14 June 24
NEWBUILDING PRICES CLIMB 3% TO HIGHEST LEVEL IN 16 YEARS - NIELS RASMUSSEN
“Since the start of the year, newbuilding prices have risen 3% to their highest level since 2008. Compared to their most recent low in late 2 ...
Friday, 14 June 24
INDIA TARGETS HIGHER DOMESTIC COAL PRODUCTION, REDUCED IMPORTS: GOVT - REUTERS
India wants to reduce coal imports and increase domestic production, federal coal minister G. Kishan Reddy said on Thursday.
The cou ...
Thursday, 13 June 24
US LNG TO ASIA FOR POWER GENERATION EXPECTED TO CUT EMISSIONS VERSUS COAL - RYSTAD ENERGY
The value-chain emissions of liquified natural gas (LNG) are lower on average than for coal-fired power generation, even when the fuel is shipp ...
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- South Luzon Thermal Energy Corporation
- India Bulls Power Limited - India
- GMR Energy Limited - India
- Salva Resources Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Chamber of Mines of South Africa
- Global Business Power Corporation, Philippines
- Australian Coal Association
- Indo Tambangraya Megah - Indonesia
- Bukit Makmur.PT - Indonesia
- Carbofer General Trading SA - India
- Manunggal Multi Energi - Indonesia
- Riau Bara Harum - Indonesia
- Mercuria Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- San Jose City I Power Corp, Philippines
- Agrawal Coal Company - India
- Sical Logistics Limited - India
- Sarangani Energy Corporation, Philippines
- Power Finance Corporation Ltd., India
- Jorong Barutama Greston.PT - Indonesia
- Electricity Authority, New Zealand
- Kartika Selabumi Mining - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Sindya Power Generating Company Private Ltd
- Eastern Energy - Thailand
- White Energy Company Limited
- Tata Chemicals Ltd - India
- Videocon Industries ltd - India
- Kideco Jaya Agung - Indonesia
- Rio Tinto Coal - Australia
- Ministry of Transport, Egypt
- VISA Power Limited - India
- Aditya Birla Group - India
- Bhushan Steel Limited - India
- Essar Steel Hazira Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Oldendorff Carriers - Singapore
- Formosa Plastics Group - Taiwan
- Barasentosa Lestari - Indonesia
- Central Java Power - Indonesia
- Kepco SPC Power Corporation, Philippines
- Gujarat Sidhee Cement - India
- Romanian Commodities Exchange
- Vedanta Resources Plc - India
- Tamil Nadu electricity Board
- Karaikal Port Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Posco Energy - South Korea
- Indogreen Group - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Jaiprakash Power Ventures ltd
- Planning Commission, India
- Bhatia International Limited - India
- Minerals Council of Australia
- Toyota Tsusho Corporation, Japan
- Central Electricity Authority - India
- Ministry of Mines - Canada
- Kohat Cement Company Ltd. - Pakistan
- Bukit Asam (Persero) Tbk - Indonesia
- Mintek Dendrill Indonesia
- Uttam Galva Steels Limited - India
- Indika Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Port Waratah Coal Services - Australia
- Xindia Steels Limited - India
- Directorate Of Revenue Intelligence - India
- Africa Commodities Group - South Africa
- McConnell Dowell - Australia
- Grasim Industreis Ltd - India
- Vizag Seaport Private Limited - India
- Kumho Petrochemical, South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- Madhucon Powers Ltd - India
- Antam Resourcindo - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Maharashtra Electricity Regulatory Commission - India
- Banpu Public Company Limited - Thailand
- Attock Cement Pakistan Limited
- Deloitte Consulting - India
- Bukit Baiduri Energy - Indonesia
- Anglo American - United Kingdom
- Electricity Generating Authority of Thailand
- Singapore Mercantile Exchange
- Semirara Mining Corp, Philippines
- Orica Mining Services - Indonesia
- New Zealand Coal & Carbon
- PowerSource Philippines DevCo
- Parry Sugars Refinery, India
- Semirara Mining and Power Corporation, Philippines
- Heidelberg Cement - Germany
- GAC Shipping (India) Pvt Ltd
- Meenaskhi Energy Private Limited - India
- Coalindo Energy - Indonesia
- Independent Power Producers Association of India
- Siam City Cement PLC, Thailand
- Merrill Lynch Commodities Europe
- Therma Luzon, Inc, Philippines
- TeaM Sual Corporation - Philippines
- Samtan Co., Ltd - South Korea
- Energy Link Ltd, New Zealand
- AsiaOL BioFuels Corp., Philippines
- Ambuja Cements Ltd - India
- Indian Oil Corporation Limited
- Edison Trading Spa - Italy
- Bharathi Cement Corporation - India
- Binh Thuan Hamico - Vietnam
- CNBM International Corporation - China
- Chettinad Cement Corporation Ltd - India
- Price Waterhouse Coopers - Russia
- Baramulti Group, Indonesia
- IEA Clean Coal Centre - UK
- Star Paper Mills Limited - India
- Altura Mining Limited, Indonesia
- Pendopo Energi Batubara - Indonesia
- Kobexindo Tractors - Indoneisa
- Malabar Cements Ltd - India
- GVK Power & Infra Limited - India
- Coal and Oil Company - UAE
- Maheswari Brothers Coal Limited - India
- Global Green Power PLC Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Thai Mozambique Logistica
- Global Coal Blending Company Limited - Australia
- Medco Energi Mining Internasional
- Jindal Steel & Power Ltd - India
- Indian Energy Exchange, India
- Holcim Trading Pte Ltd - Singapore
- IHS Mccloskey Coal Group - USA
- PTC India Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Simpson Spence & Young - Indonesia
- Petron Corporation, Philippines
- The State Trading Corporation of India Ltd
- Commonwealth Bank - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Siam City Cement - Thailand
- Makarim & Taira - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Sinarmas Energy and Mining - Indonesia
- Coastal Gujarat Power Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Metalloyd Limited - United Kingdom
- The University of Queensland
- Cigading International Bulk Terminal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Ceylon Electricity Board - Sri Lanka
- MS Steel International - UAE
- OPG Power Generation Pvt Ltd - India
- Ministry of Finance - Indonesia
- International Coal Ventures Pvt Ltd - India
- Latin American Coal - Colombia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Cement Manufacturers Association - India
- Renaissance Capital - South Africa
- Wilmar Investment Holdings
- TNB Fuel Sdn Bhd - Malaysia
- Thiess Contractors Indonesia
- SMG Consultants - Indonesia
- Eastern Coal Council - USA
- Economic Council, Georgia
- Sree Jayajothi Cements Limited - India
- Krishnapatnam Port Company Ltd. - India
- London Commodity Brokers - England
- Meralco Power Generation, Philippines
- Larsen & Toubro Limited - India
- Aboitiz Power Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Bayan Resources Tbk. - Indonesia
- Intertek Mineral Services - Indonesia
- Standard Chartered Bank - UAE
- Timah Investasi Mineral - Indoneisa
- CIMB Investment Bank - Malaysia
- Pipit Mutiara Jaya. PT, Indonesia
- Sojitz Corporation - Japan
- The Treasury - Australian Government
- Energy Development Corp, Philippines
- Bangladesh Power Developement Board
- Vijayanagar Sugar Pvt Ltd - India
- Lanco Infratech Ltd - India
- ASAPP Information Group - India
- Sakthi Sugars Limited - India
- Wood Mackenzie - Singapore
- SN Aboitiz Power Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Billiton Holdings Pty Ltd - Australia
- Georgia Ports Authority, United States
- Borneo Indobara - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Trasteel International SA, Italy
- Dalmia Cement Bharat India
- Bank of Tokyo Mitsubishi UFJ Ltd
- ICICI Bank Limited - India
- Iligan Light & Power Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Savvy Resources Ltd - HongKong
- Parliament of New Zealand
- Mercator Lines Limited - India
- Ind-Barath Power Infra Limited - India
- Indonesian Coal Mining Association
- Globalindo Alam Lestari - Indonesia
- Kaltim Prima Coal - Indonesia
- PNOC Exploration Corporation - Philippines
- Australian Commodity Traders Exchange
- Mjunction Services Limited - India
- Interocean Group of Companies - India
- Marubeni Corporation - India
- SMC Global Power, Philippines
- Goldman Sachs - Singapore
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