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Wednesday, 10 February 21
FY21 COAL DEMAND MAY BE LOWER THAN PREVIOUSLY ESTIMATED DUE TO COVID-19: PRALHAD JOSHI - PTI
 Coal demand in the current fiscal may be lower than the initial estimate of 1,085 million tonnes (MT) due to the impact of COVID-19, Parliament was informed on Monday.
Domestic supply of coal during the April-December period of the ongoing financial year stood at 489.89MT, Coal Minister Pralhad Joshi said in a reply in the Rajya Sabha.
“Initially demand of coal for current year i.e. 2020-21 was estimated at 1085 MT. However, due to COVID-19 effect actual demand of coal is likely to be less than estimated demand,” the minister said.
The demand of coal is higher than the current level of domestic supply of the fossil fuel, he added.
In FY’20, the actual demand of coal in the country was 955.26MT while the supply was 706.72MT, Joshi said.
The gap between demand and domestic supply of coal cannot be bridged completely as there is insufficient availability and reserves of prime coking coal in the country, the minister said.
Further, coal is imported by power plants designed on imported coal and high-grade coal required for blending purposes is also imported in the country as this cannot be fully substituted by the domestic sector which has limited reserves of high-grade coal.
The focus of the government is on increasing domestic production of the dry fuel through allocation of more coal blocks, pursuing with state government for assistance in land acquisition and coordinated efforts with Railways for movement of coal, he said.
In order to enhance domestic production, 25 percent of coal production has been allowed for sale in open market for newly allocated captive coal blocks.
Source: PTI
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Wednesday, 21 October 20
MARKET INSIGHT - INTERMODAL
The second wave of COVID-19 is now a reality; offices are closing again, and stricter rules and regulations are being implemented in public spaces. ...
Tuesday, 20 October 20
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX UP 0.82 PCT - XINHUA
China Taiyuan coal transaction price index stood at 127.49 points Monday, up 0.82 percent week on week.
The index, released by China ...
Tuesday, 20 October 20
BIMCO 'SHIPLEASE' TERM SHEET - WATSON FARLEY & WILLIAMS
KNOWLEDGE TO ELEVATE
The ever-growing importance of sale and leaseback transactions as an alternative to financing ships by way of loan, makes ...
Friday, 16 October 20
KOMIPO ON BEHALF OF K GENCO'S INVITED BIDS FOR TOTAL 715,000 MT MIN. 5,700 NAR COAL FOR DECEMBER
COALspot.com: Korea Midland Power Co., Ltd (KOMIPO) on behalf of EWP, KOSPO, KOSEP and KOWEPO has issued an international tender for total 715,000& ...
Wednesday, 14 October 20
CHINA COKING COAL FUTURES RALLY ON REPORTED BAN ON AUSTRALIA CARGOES - REUTERS
Dalian coking coal futures rallied for a sixth straight session on Tuesday after reports surfaced that China had stopped buying coal from Australia ...
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- New Zealand Coal & Carbon
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- Baramulti Group, Indonesia
- European Bulk Services B.V. - Netherlands
- Bangladesh Power Developement Board
- Siam City Cement PLC, Thailand
- Essar Steel Hazira Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Altura Mining Limited, Indonesia
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- Ministry of Transport, Egypt
- Gujarat Mineral Development Corp Ltd - India
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- Australian Coal Association
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- Eastern Coal Council - USA
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- Agrawal Coal Company - India
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- Siam City Cement - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Eastern Energy - Thailand
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- Directorate General of MIneral and Coal - Indonesia
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- Economic Council, Georgia
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- Price Waterhouse Coopers - Russia
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- Makarim & Taira - Indonesia
- Meralco Power Generation, Philippines
- Posco Energy - South Korea
- Savvy Resources Ltd - HongKong
- Toyota Tsusho Corporation, Japan
- Vedanta Resources Plc - India
- SN Aboitiz Power Inc, Philippines
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- Indian Energy Exchange, India
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- Indian Oil Corporation Limited
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- Attock Cement Pakistan Limited
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- Alfred C Toepfer International GmbH - Germany
- GAC Shipping (India) Pvt Ltd
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- Chettinad Cement Corporation Ltd - India
- Electricity Generating Authority of Thailand
- Australian Commodity Traders Exchange
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- Indogreen Group - Indonesia
- Samtan Co., Ltd - South Korea
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- IHS Mccloskey Coal Group - USA
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- Central Electricity Authority - India
- PowerSource Philippines DevCo
- Kobexindo Tractors - Indoneisa
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- India Bulls Power Limited - India
- Planning Commission, India
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Indika Energy - Indonesia
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- Anglo American - United Kingdom
- GMR Energy Limited - India
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- Romanian Commodities Exchange
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- Larsen & Toubro Limited - India
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- White Energy Company Limited
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- Energy Link Ltd, New Zealand
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- Trasteel International SA, Italy
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- Singapore Mercantile Exchange
- Lanco Infratech Ltd - India
- Ministry of Mines - Canada
- Parliament of New Zealand
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- Sojitz Corporation - Japan
- Kumho Petrochemical, South Korea
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- Coal and Oil Company - UAE
- Ministry of Finance - Indonesia
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- Chamber of Mines of South Africa
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- IEA Clean Coal Centre - UK
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