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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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Friday, 29 May 20
DRY BULK SHIPPING: NO QUICK RECOVERY FOR THE DRY BULK MARKET AS COVID-19 DIGS DEEPER
The outlook is poor for dry bulk, as the negative demand shock and overcapacity come together to send rates to multi-year lows, even a return to wo ...
Thursday, 28 May 20
COVID-19: A FORCE MAJEURE EVENT? - KYPRIANOU
KNOWLEDGE TO ELEVATE
While seeing the unexpected COVID-19 outbreak expanding worldwide and the first cases being identified in Cyprus, the com ...
Thursday, 28 May 20
OIL DEMAND RECOVERED BY 20% IN MAY AGAINST APRIL: RUSSIAN ENERGY MINISTER - TASS
Oil demand remains at a low level but the demand in May increased by 20% against April, Russian Energy Minister Alexander Novak said, cited by the ...
Thursday, 28 May 20
MARKET INSIGHT - INTERMODAL
Earlier in May, China’s top leaders convened for the annual National People's Congress, following over two months of delays due to the co ...
Wednesday, 27 May 20
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX UP 0.94 PCT - XINHUA
China Taiyuan coal transaction price index stood at 125.03 points Monday, up 0.94 percent week on week.
The index, released by China ...
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- Bukit Asam (Persero) Tbk - Indonesia
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- Altura Mining Limited, Indonesia
- Jorong Barutama Greston.PT - Indonesia
- ASAPP Information Group - India
- Australian Coal Association
- Antam Resourcindo - Indonesia
- Electricity Generating Authority of Thailand
- McConnell Dowell - Australia
- Banpu Public Company Limited - Thailand
- Binh Thuan Hamico - Vietnam
- Eastern Coal Council - USA
- Globalindo Alam Lestari - Indonesia
- Mintek Dendrill Indonesia
- Karaikal Port Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Orica Australia Pty. Ltd.
- Cigading International Bulk Terminal - Indonesia
- Xindia Steels Limited - India
- Kideco Jaya Agung - Indonesia
- Metalloyd Limited - United Kingdom
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- Holcim Trading Pte Ltd - Singapore
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- Romanian Commodities Exchange
- Interocean Group of Companies - India
- The State Trading Corporation of India Ltd
- Meralco Power Generation, Philippines
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- Chamber of Mines of South Africa
- Grasim Industreis Ltd - India
- Goldman Sachs - Singapore
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- ICICI Bank Limited - India
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indika Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
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- Therma Luzon, Inc, Philippines
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- Wood Mackenzie - Singapore
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- Maharashtra Electricity Regulatory Commission - India
- Australian Commodity Traders Exchange
- Sree Jayajothi Cements Limited - India
- Chettinad Cement Corporation Ltd - India
- Port Waratah Coal Services - Australia
- Sojitz Corporation - Japan
- Oldendorff Carriers - Singapore
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- Sakthi Sugars Limited - India
- Krishnapatnam Port Company Ltd. - India
- Attock Cement Pakistan Limited
- Central Electricity Authority - India
- Karbindo Abesyapradhi - Indoneisa
- Parliament of New Zealand
- Price Waterhouse Coopers - Russia
- Vijayanagar Sugar Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- MS Steel International - UAE
- Kalimantan Lumbung Energi - Indonesia
- PNOC Exploration Corporation - Philippines
- Kapuas Tunggal Persada - Indonesia
- Petron Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Economic Council, Georgia
- Deloitte Consulting - India
- GAC Shipping (India) Pvt Ltd
- Minerals Council of Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Planning Commission, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bukit Makmur.PT - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Sarangani Energy Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Renaissance Capital - South Africa
- San Jose City I Power Corp, Philippines
- OPG Power Generation Pvt Ltd - India
- Thiess Contractors Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Eastern Energy - Thailand
- Siam City Cement - Thailand
- Merrill Lynch Commodities Europe
- White Energy Company Limited
- Rio Tinto Coal - Australia
- GN Power Mariveles Coal Plant, Philippines
- Pendopo Energi Batubara - Indonesia
- Georgia Ports Authority, United States
- European Bulk Services B.V. - Netherlands
- Marubeni Corporation - India
- Baramulti Group, Indonesia
- Salva Resources Pvt Ltd - India
- Orica Mining Services - Indonesia
- Global Green Power PLC Corporation, Philippines
- CNBM International Corporation - China
- Standard Chartered Bank - UAE
- VISA Power Limited - India
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- Cement Manufacturers Association - India
- Ministry of Finance - Indonesia
- Kobexindo Tractors - Indoneisa
- International Coal Ventures Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Bhoruka Overseas - Indonesia
- Energy Development Corp, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Trasteel International SA, Italy
- Pipit Mutiara Jaya. PT, Indonesia
- Bayan Resources Tbk. - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Ambuja Cements Ltd - India
- Straits Asia Resources Limited - Singapore
- Independent Power Producers Association of India
- India Bulls Power Limited - India
- The University of Queensland
- Bukit Baiduri Energy - Indonesia
- Mercuria Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Toyota Tsusho Corporation, Japan
- Aboitiz Power Corporation - Philippines
- Simpson Spence & Young - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Star Paper Mills Limited - India
- Borneo Indobara - Indonesia
- Commonwealth Bank - Australia
- Formosa Plastics Group - Taiwan
- SMG Consultants - Indonesia
- Timah Investasi Mineral - Indoneisa
- Madhucon Powers Ltd - India
- New Zealand Coal & Carbon
- CIMB Investment Bank - Malaysia
- IHS Mccloskey Coal Group - USA
- Ministry of Transport, Egypt
- Mjunction Services Limited - India
- Power Finance Corporation Ltd., India
- Kohat Cement Company Ltd. - Pakistan
- Lanco Infratech Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Global Business Power Corporation, Philippines
- SMC Global Power, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Aditya Birla Group - India
- Medco Energi Mining Internasional
- Thai Mozambique Logistica
- Ind-Barath Power Infra Limited - India
- Iligan Light & Power Inc, Philippines
- Uttam Galva Steels Limited - India
- Bhushan Steel Limited - India
- Leighton Contractors Pty Ltd - Australia
- Riau Bara Harum - Indonesia
- Alfred C Toepfer International GmbH - Germany
- PTC India Limited - India
- Coal and Oil Company - UAE
- Posco Energy - South Korea
- Bulk Trading Sa - Switzerland
- Maheswari Brothers Coal Limited - India
- London Commodity Brokers - England
- Heidelberg Cement - Germany
- GVK Power & Infra Limited - India
- Kumho Petrochemical, South Korea
- Anglo American - United Kingdom
- Indian Oil Corporation Limited
- Bharathi Cement Corporation - India
- Samtan Co., Ltd - South Korea
- Indo Tambangraya Megah - Indonesia
- Electricity Authority, New Zealand
- Sical Logistics Limited - India
- Gujarat Sidhee Cement - India
- Gujarat Electricity Regulatory Commission - India
- Tata Chemicals Ltd - India
- Global Coal Blending Company Limited - Australia
- Videocon Industries ltd - India
- Africa Commodities Group - South Africa
- Ministry of Mines - Canada
- Directorate General of MIneral and Coal - Indonesia
- Sindya Power Generating Company Private Ltd
- Energy Link Ltd, New Zealand
- Indian Energy Exchange, India
- Kaltim Prima Coal - Indonesia
- Latin American Coal - Colombia
- TNB Fuel Sdn Bhd - Malaysia
- Coalindo Energy - Indonesia
- Makarim & Taira - Indonesia
- Essar Steel Hazira Ltd - India
- Kepco SPC Power Corporation, Philippines
- Wilmar Investment Holdings
- Jindal Steel & Power Ltd - India
- Edison Trading Spa - Italy
- Rashtriya Ispat Nigam Limited - India
- Meenaskhi Energy Private Limited - India
- LBH Netherlands Bv - Netherlands
- Parry Sugars Refinery, India
- South Luzon Thermal Energy Corporation
- Bangladesh Power Developement Board
- The Treasury - Australian Government
- Semirara Mining Corp, Philippines
- Bhatia International Limited - India
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- Larsen & Toubro Limited - India
- Indonesian Coal Mining Association
- Agrawal Coal Company - India
- Carbofer General Trading SA - India
- GMR Energy Limited - India
- Singapore Mercantile Exchange
- IEA Clean Coal Centre - UK
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