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Thursday, 23 December 21
COAL TO STAY AS MAJOR SOURCE OF ENERGY IN FORESEEABLE FUTURE: JOSHI - BUSINESS STANDARD
Coal will stay as a major source of energy in the foreseeable future as it is an affordable source of energy with substantial reserve, Parliament was informed on Monday.
Despite push for renewables, the country will require base load capacity of coal-based generation for stability and also for energy security, Coal Minister Pralhad Joshi said.
“Being an affordable source of energy with substantial reserve, coal is going to stay as major source of energy in the foreseeable future,” the minister said in a reply to the Rajya Sabha.
He was responding to a query on the steps adopted by the government to effect a ‘Coal Phasedown’ as pledged at the COP26.
The overarching decision titled ‘Glasgow Climate Pact’ reflects the various agreements between parties with regard to coal and fossil fuel subsidies.
The pact calls upon parties to accelerate the development, deployment and dissemination of technologies, and the adoption of policies, to transition towards low emission energy systems, including by rapidly scaling up the deployment of clean power generation, including accelerating efforts towards the phasedown of unabated coal power and phaseout of inefficient fossil fuel subsidies, he said.
It is evident the pact is not mandating the phasedown of coal power, and it is not setting any timelines for that, the minister noted.
Further, it is only ‘calling upon’ parties to accelerate efforts towards the phasedown of unabated coal power in line with national circumstances and recognising the need for support towards a just transition, the minister added.
Paris Agreement is a multilateral treaty for combating climate change. Actions under Paris Agreement are nationally determined, and are undertaken in the context of equity, and common but differentiated responsibilities and respective capabilities, he said.
Accordingly, while India has committed to clean energy; the pace of transition to cleaner energy sources in India is to be viewed in the light of national circumstances, and principle of common but differentiated responsibilities and respective capabilities, the transfer of climate finance and low cost climate technologies.
Source: Business Standard
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Saturday, 11 December 21
BUNKER BUYERS LOSE UP TO $5/MT FOR NOT COVERING ENOUGH SUPPLIERS - INTEGR8 FUELS
With the Brent price recently touching the $80 mark and before the Omicron variant concerns pushed it lower, bunker prices reached levels not seen ...
Tuesday, 07 December 21
SUPERCYCLE DEMAND: ARE WE THERE YET? - WOOD MACKENZIE
Taking young children on a long journey is fraught with challenges, not least the inevitable question a few minutes after leaving: are we there yet ...
Tuesday, 07 December 21
COAL WOULD REMAIN ENERGY LEADER FOR AT LEAST 15 YEARS - LIVEMINT
Coal India Ltd (CIL) has been in the eye of the storm after fuel stocks at coal-fuelled power plants depleted in October. Fuel stocks since are bei ...
Tuesday, 07 December 21
GLOBAL SHIPPING OUTLOOK TURNS STABLE FROM POSITIVE ON THE BACK OF PEAKING EARNINGS DURING 2021 - MOODY'S
The outlook for the global shipping industry is changed to stable from positive for the next 12 to 18 months due to demand slightly outstripping su ...
Tuesday, 07 December 21
COAL FIRMS SEE SHARE PRICES SURGE MONDAY, AFTER GOVERNMENT READJUSTS CONTRACT PRICES - GLOBAL TIMES
Share prices of China’s coal enterprises jumped on Monday on the A-share market following a nationwide adjustment to annual thermal coal pric ...
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- GAC Shipping (India) Pvt Ltd
- Cement Manufacturers Association - India
- Central Java Power - Indonesia
- GVK Power & Infra Limited - India
- PTC India Limited - India
- Binh Thuan Hamico - Vietnam
- Iligan Light & Power Inc, Philippines
- Siam City Cement - Thailand
- Australian Coal Association
- Rashtriya Ispat Nigam Limited - India
- Ministry of Transport, Egypt
- Australian Commodity Traders Exchange
- The State Trading Corporation of India Ltd
- Bayan Resources Tbk. - Indonesia
- Global Business Power Corporation, Philippines
- Indonesian Coal Mining Association
- London Commodity Brokers - England
- Jaiprakash Power Ventures ltd
- VISA Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Vizag Seaport Private Limited - India
- MS Steel International - UAE
- Planning Commission, India
- Aditya Birla Group - India
- Gujarat Sidhee Cement - India
- Videocon Industries ltd - India
- Larsen & Toubro Limited - India
- Electricity Generating Authority of Thailand
- Medco Energi Mining Internasional
- Kepco SPC Power Corporation, Philippines
- Singapore Mercantile Exchange
- Leighton Contractors Pty Ltd - Australia
- PNOC Exploration Corporation - Philippines
- Goldman Sachs - Singapore
- SMG Consultants - Indonesia
- Global Coal Blending Company Limited - Australia
- Karaikal Port Pvt Ltd - India
- Africa Commodities Group - South Africa
- Lanco Infratech Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Standard Chartered Bank - UAE
- Vijayanagar Sugar Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- SN Aboitiz Power Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Semirara Mining Corp, Philippines
- Orica Mining Services - Indonesia
- Coastal Gujarat Power Limited - India
- Independent Power Producers Association of India
- Kalimantan Lumbung Energi - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Posco Energy - South Korea
- New Zealand Coal & Carbon
- Aboitiz Power Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- Pendopo Energi Batubara - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Deloitte Consulting - India
- Neyveli Lignite Corporation Ltd, - India
- IHS Mccloskey Coal Group - USA
- Bahari Cakrawala Sebuku - Indonesia
- Banpu Public Company Limited - Thailand
- Uttam Galva Steels Limited - India
- Edison Trading Spa - Italy
- Carbofer General Trading SA - India
- SMC Global Power, Philippines
- Kartika Selabumi Mining - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Ministry of Finance - Indonesia
- Attock Cement Pakistan Limited
- Maheswari Brothers Coal Limited - India
- Central Electricity Authority - India
- Salva Resources Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Bukit Makmur.PT - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Energy Development Corp, Philippines
- Marubeni Corporation - India
- Mercator Lines Limited - India
- Energy Link Ltd, New Zealand
- Sarangani Energy Corporation, Philippines
- Eastern Coal Council - USA
- Tamil Nadu electricity Board
- Bukit Asam (Persero) Tbk - Indonesia
- Indika Energy - Indonesia
- ASAPP Information Group - India
- European Bulk Services B.V. - Netherlands
- Indian Energy Exchange, India
- Savvy Resources Ltd - HongKong
- Bukit Baiduri Energy - Indonesia
- Mercuria Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Kumho Petrochemical, South Korea
- Parry Sugars Refinery, India
- Madhucon Powers Ltd - India
- Riau Bara Harum - Indonesia
- Bharathi Cement Corporation - India
- Orica Australia Pty. Ltd.
- Jindal Steel & Power Ltd - India
- Straits Asia Resources Limited - Singapore
- Chamber of Mines of South Africa
- TNB Fuel Sdn Bhd - Malaysia
- Price Waterhouse Coopers - Russia
- PowerSource Philippines DevCo
- OPG Power Generation Pvt Ltd - India
- Bhushan Steel Limited - India
- TeaM Sual Corporation - Philippines
- Tata Chemicals Ltd - India
- Wilmar Investment Holdings
- San Jose City I Power Corp, Philippines
- Renaissance Capital - South Africa
- Coalindo Energy - Indonesia
- ICICI Bank Limited - India
- Miang Besar Coal Terminal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Power Finance Corporation Ltd., India
- Gujarat Electricity Regulatory Commission - India
- Indian Oil Corporation Limited
- Barasentosa Lestari - Indonesia
- CNBM International Corporation - China
- Rio Tinto Coal - Australia
- GN Power Mariveles Coal Plant, Philippines
- Toyota Tsusho Corporation, Japan
- South Luzon Thermal Energy Corporation
- Mintek Dendrill Indonesia
- Xindia Steels Limited - India
- Essar Steel Hazira Ltd - India
- Minerals Council of Australia
- The University of Queensland
- Kideco Jaya Agung - Indonesia
- Commonwealth Bank - Australia
- Bhatia International Limited - India
- Kobexindo Tractors - Indoneisa
- Sakthi Sugars Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Indogreen Group - Indonesia
- Agrawal Coal Company - India
- Oldendorff Carriers - Singapore
- Malabar Cements Ltd - India
- Intertek Mineral Services - Indonesia
- Simpson Spence & Young - Indonesia
- Siam City Cement PLC, Thailand
- Ministry of Mines - Canada
- IEA Clean Coal Centre - UK
- Directorate Of Revenue Intelligence - India
- Wood Mackenzie - Singapore
- GMR Energy Limited - India
- Meenaskhi Energy Private Limited - India
- Mjunction Services Limited - India
- Ind-Barath Power Infra Limited - India
- Chettinad Cement Corporation Ltd - India
- Sojitz Corporation - Japan
- Thiess Contractors Indonesia
- Coal and Oil Company - UAE
- Jorong Barutama Greston.PT - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Anglo American - United Kingdom
- Thai Mozambique Logistica
- Sical Logistics Limited - India
- Therma Luzon, Inc, Philippines
- India Bulls Power Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Globalindo Alam Lestari - Indonesia
- Baramulti Group, Indonesia
- Port Waratah Coal Services - Australia
- Electricity Authority, New Zealand
- Ambuja Cements Ltd - India
- Petron Corporation, Philippines
- Vedanta Resources Plc - India
- CIMB Investment Bank - Malaysia
- Kaltim Prima Coal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Star Paper Mills Limited - India
- Sree Jayajothi Cements Limited - India
- Economic Council, Georgia
- Meralco Power Generation, Philippines
- Romanian Commodities Exchange
- Manunggal Multi Energi - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Formosa Plastics Group - Taiwan
- Asmin Koalindo Tuhup - Indonesia
- Metalloyd Limited - United Kingdom
- Interocean Group of Companies - India
- Parliament of New Zealand
- Eastern Energy - Thailand
- LBH Netherlands Bv - Netherlands
- Bhoruka Overseas - Indonesia
- Heidelberg Cement - Germany
- Borneo Indobara - Indonesia
- Bulk Trading Sa - Switzerland
- Georgia Ports Authority, United States
- Latin American Coal - Colombia
- Billiton Holdings Pty Ltd - Australia
- Semirara Mining and Power Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Trasteel International SA, Italy
- AsiaOL BioFuels Corp., Philippines
- International Coal Ventures Pvt Ltd - India
- White Energy Company Limited
- Altura Mining Limited, Indonesia
- Makarim & Taira - Indonesia
- Antam Resourcindo - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Merrill Lynch Commodities Europe
- Offshore Bulk Terminal Pte Ltd, Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- The Treasury - Australian Government
- Global Green Power PLC Corporation, Philippines
- Grasim Industreis Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Krishnapatnam Port Company Ltd. - India
- McConnell Dowell - Australia
- Bangladesh Power Developement Board
- Indo Tambangraya Megah - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dalmia Cement Bharat India
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