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Saturday, 05 September 20
POLISH COAL DEMAND EXPECTED TO FALL BY 7 MLN TONNES NEXT YEAR: MINISTER - REUTERS
 Poland’s demand for coal is expected to fall by around 7 million tonnes next year, or more than 10% of annual hard coal production, after a drop in demand for electricity, Deputy Minister of State Assets Artur Sobon said on Friday.
Poland generates most of its electricity from burning coal, which has become costly due to rising prices of carbon emission permits. The industry has also struggled with falling demand for coal, which accelerated during the COVID-19 lockdown because the country used less power.
“The situation in coal mining is not easy … We have a fall in electricity production and a fall in production of electricity from coal. We should expect that this is a sustained trend,” Sobon said during a discussion panel on energy transformation during the European Economic Congress in Katowice, the heart of Poland’s coal region.
He said data provided by power stations showed that next year demand for coal would likely shrink by around 7 million tonnes.
Speaking at the same panel, Tomasz Rogala, chief executive at Poland’s biggest coal producer, state-run PGG, said the group had to adjust its output to the demand from Polish utilities, as it would not find new markets for its products.
PGG produces around 30 million tonnes of coal a year, but its output is expected to drop this year due to falling demand and the COVID-19 pandemic.
The company’s management prepared a restructuring plan, which assumed the closure of two of its coal mines, but the proposal was rejected by the trade unions in July. Since then, the government, PGG and unions have been working on a new restructuring scheme.
“The biggest challenge today is to design this change in such a way that it is as acceptable as possible,” Rogala said, adding that figures reflecting the market trends could not be ignored.
Source: Reuters (Reporting by Agnieszka Barteczko; Editing by Mark Potter)
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Wednesday, 13 January 21
CHINA THERMAL GENCO PROFITS FACE PRESSURE AMID POWER SHORTAGES - FITHCH WIRE
High coal and gas prices will put near-term pressure on margins for thermal power generators in China, says Fitch Ratings. However, the power short ...
Wednesday, 13 January 21
COAL TO BE BIGGEST CONTRIBUTOR TO INDIA'S $5 TRILLION ECONOMY: AMIT SHAH - BUSINESS STANDARD
The Centre on Monday awarded the letter of allocation to successful bidders of coal mines under the commercial auction held during October-November ...
Monday, 11 January 21
MUTED COAL RECOVERY IN 2021 - BALTIC EXCHANGE
Coal demand is expected to rebound in 2021
Medium-term outlook is less favourable although demand declines are expected to be subtle ...
Sunday, 10 January 21
KOREAN GENCOS INVITED BIDS FOR TOTAL 880,000 TONS OF COAL FOR MARCH 2021 LOADING
COALspot.com: Korea South-East Power Co., Ltd. (KOEN), on behalf of EWP, KOSPO, KOSEP and KOWEPO issued an international tender for total 880 ...
Friday, 08 January 21
INDIA COULD COMPETE AGAINST CHINA IN SOLAR MODULE PRODUCTION WITH THE RIGHT GOVERNMENT SUPPORT - IEEFA
The focus should be on helping manufacturers become globally competitive
Although one of the top 10 solar module producers in the world, India ...
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- Marubeni Corporation - India
- Straits Asia Resources Limited - Singapore
- Kaltim Prima Coal - Indonesia
- Intertek Mineral Services - Indonesia
- Wilmar Investment Holdings
- Meenaskhi Energy Private Limited - India
- GAC Shipping (India) Pvt Ltd
- Manunggal Multi Energi - Indonesia
- Dalmia Cement Bharat India
- Posco Energy - South Korea
- ICICI Bank Limited - India
- Interocean Group of Companies - India
- Indika Energy - Indonesia
- Borneo Indobara - Indonesia
- Kumho Petrochemical, South Korea
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Central Electricity Authority - India
- PowerSource Philippines DevCo
- Mercator Lines Limited - India
- Cigading International Bulk Terminal - Indonesia
- Videocon Industries ltd - India
- Kapuas Tunggal Persada - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Holcim Trading Pte Ltd - Singapore
- Sakthi Sugars Limited - India
- Toyota Tsusho Corporation, Japan
- Sinarmas Energy and Mining - Indonesia
- Salva Resources Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- SMG Consultants - Indonesia
- Global Coal Blending Company Limited - Australia
- Therma Luzon, Inc, Philippines
- GMR Energy Limited - India
- Bharathi Cement Corporation - India
- Coal and Oil Company - UAE
- Energy Link Ltd, New Zealand
- Bhoruka Overseas - Indonesia
- Savvy Resources Ltd - HongKong
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- ASAPP Information Group - India
- Parry Sugars Refinery, India
- Global Green Power PLC Corporation, Philippines
- Sical Logistics Limited - India
- Vizag Seaport Private Limited - India
- White Energy Company Limited
- Latin American Coal - Colombia
- AsiaOL BioFuels Corp., Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Wood Mackenzie - Singapore
- Chamber of Mines of South Africa
- The University of Queensland
- Attock Cement Pakistan Limited
- Medco Energi Mining Internasional
- Mintek Dendrill Indonesia
- Kideco Jaya Agung - Indonesia
- Thai Mozambique Logistica
- Semirara Mining Corp, Philippines
- Commonwealth Bank - Australia
- Jorong Barutama Greston.PT - Indonesia
- Indonesian Coal Mining Association
- OPG Power Generation Pvt Ltd - India
- Thiess Contractors Indonesia
- Billiton Holdings Pty Ltd - Australia
- Binh Thuan Hamico - Vietnam
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Sidhee Cement - India
- Miang Besar Coal Terminal - Indonesia
- Heidelberg Cement - Germany
- Bhushan Steel Limited - India
- Vedanta Resources Plc - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Simpson Spence & Young - Indonesia
- Merrill Lynch Commodities Europe
- Semirara Mining and Power Corporation, Philippines
- Central Java Power - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Standard Chartered Bank - UAE
- Bulk Trading Sa - Switzerland
- India Bulls Power Limited - India
- TeaM Sual Corporation - Philippines
- Bayan Resources Tbk. - Indonesia
- MS Steel International - UAE
- Globalindo Alam Lestari - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Parliament of New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- Electricity Authority, New Zealand
- Grasim Industreis Ltd - India
- Price Waterhouse Coopers - Russia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Orica Australia Pty. Ltd.
- Makarim & Taira - Indonesia
- Indogreen Group - Indonesia
- Coastal Gujarat Power Limited - India
- Edison Trading Spa - Italy
- Jaiprakash Power Ventures ltd
- Maheswari Brothers Coal Limited - India
- Kepco SPC Power Corporation, Philippines
- Carbofer General Trading SA - India
- Africa Commodities Group - South Africa
- Ambuja Cements Ltd - India
- CIMB Investment Bank - Malaysia
- Ministry of Transport, Egypt
- Independent Power Producers Association of India
- VISA Power Limited - India
- Port Waratah Coal Services - Australia
- Larsen & Toubro Limited - India
- Mercuria Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Tamil Nadu electricity Board
- Coalindo Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Gujarat Mineral Development Corp Ltd - India
- Iligan Light & Power Inc, Philippines
- IEA Clean Coal Centre - UK
- Singapore Mercantile Exchange
- Sindya Power Generating Company Private Ltd
- Bhatia International Limited - India
- Aditya Birla Group - India
- Baramulti Group, Indonesia
- Indian Energy Exchange, India
- Bukit Makmur.PT - Indonesia
- Ministry of Mines - Canada
- Bangladesh Power Developement Board
- Eastern Coal Council - USA
- Jindal Steel & Power Ltd - India
- Indian Oil Corporation Limited
- Australian Coal Association
- Lanco Infratech Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Meralco Power Generation, Philippines
- Star Paper Mills Limited - India
- Karaikal Port Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- London Commodity Brokers - England
- Banpu Public Company Limited - Thailand
- Antam Resourcindo - Indonesia
- Eastern Energy - Thailand
- Deloitte Consulting - India
- New Zealand Coal & Carbon
- Kobexindo Tractors - Indoneisa
- Trasteel International SA, Italy
- Formosa Plastics Group - Taiwan
- Chettinad Cement Corporation Ltd - India
- Romanian Commodities Exchange
- Sarangani Energy Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Neyveli Lignite Corporation Ltd, - India
- Rashtriya Ispat Nigam Limited - India
- Krishnapatnam Port Company Ltd. - India
- McConnell Dowell - Australia
- SMC Global Power, Philippines
- Riau Bara Harum - Indonesia
- PTC India Limited - India
- International Coal Ventures Pvt Ltd - India
- The State Trading Corporation of India Ltd
- PNOC Exploration Corporation - Philippines
- GN Power Mariveles Coal Plant, Philippines
- Global Business Power Corporation, Philippines
- Energy Development Corp, Philippines
- Ind-Barath Power Infra Limited - India
- LBH Netherlands Bv - Netherlands
- Xindia Steels Limited - India
- Oldendorff Carriers - Singapore
- Petron Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- IHS Mccloskey Coal Group - USA
- Electricity Generating Authority of Thailand
- Sojitz Corporation - Japan
- Pendopo Energi Batubara - Indonesia
- CNBM International Corporation - China
- Agrawal Coal Company - India
- Petrochimia International Co. Ltd.- Taiwan
- Directorate General of MIneral and Coal - Indonesia
- Mjunction Services Limited - India
- Anglo American - United Kingdom
- Essar Steel Hazira Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Power Finance Corporation Ltd., India
- Samtan Co., Ltd - South Korea
- Planning Commission, India
- Georgia Ports Authority, United States
- Cement Manufacturers Association - India
- Bukit Baiduri Energy - Indonesia
- Directorate Of Revenue Intelligence - India
- Minerals Council of Australia
- Renaissance Capital - South Africa
- Indo Tambangraya Megah - Indonesia
- Barasentosa Lestari - Indonesia
- Malabar Cements Ltd - India
- Australian Commodity Traders Exchange
- Metalloyd Limited - United Kingdom
- Asmin Koalindo Tuhup - Indonesia
- The Treasury - Australian Government
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- South Luzon Thermal Energy Corporation
- Economic Council, Georgia
- Goldman Sachs - Singapore
- Uttam Galva Steels Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Aboitiz Power Corporation - Philippines
- Tata Chemicals Ltd - India
- GVK Power & Infra Limited - India
- Orica Mining Services - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Siam City Cement - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ministry of Finance - Indonesia
- Madhucon Powers Ltd - India
- Altura Mining Limited, Indonesia
- SN Aboitiz Power Inc, Philippines
- Rio Tinto Coal - Australia
- Siam City Cement PLC, Thailand
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