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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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Monday, 06 December 21
CHINA SETS 2022 ANNUAL THERMAL COAL PRICES AT 700 YUAN/T - MEDIA: REUTERS
China’s top economic planner has proposed to set annual thermal coal prices for 2022 at between 550 yuan and 850 yuan ($86-$133) per tonne, a ...
Thursday, 02 December 21
BUMI RECORDED US$ 666.18 MILLION AS REVENUE IN THE 3RD QUARTER, UP 13.31% YOY
PT Bumi Resources Tbk and its subsidiaries have recorded a surge in revenue in the third quarter of 2021. BUMI has recorded US$ 666.18 million as r ...
Thursday, 02 December 21
CHINA'S COAL CRUNCH IS OVER, BUT PRICES ARE STILL TOO HIGH - REUTERS
China’s coal crisis has largely been resolved with gains in both production and stockpiles sufficient to ensure power supplies over winter.
...
Wednesday, 01 December 21
2022 OUTLOOK: INDONESIAN COAL MINING - FITCH RATINGS
Fitch Ratings has a neutral outlook on the Indonesian coal sector for 2022.
Earnings generation should slow down as selling pr ...
Wednesday, 01 December 21
SUPPLY OF COAL TO POWER PLANTS IN NOV MORE THAN CONSUMPTION: JOSHI - PTI
The supply of coal to power plants in November is more than the consumption, resulting in rise in stock of dry fuel at power plants, and this trend ...
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- Gujarat Mineral Development Corp Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Bayan Resources Tbk. - Indonesia
- Altura Mining Limited, Indonesia
- AsiaOL BioFuels Corp., Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Timah Investasi Mineral - Indoneisa
- Simpson Spence & Young - Indonesia
- Thiess Contractors Indonesia
- Coalindo Energy - Indonesia
- Antam Resourcindo - Indonesia
- The Treasury - Australian Government
- White Energy Company Limited
- Samtan Co., Ltd - South Korea
- Semirara Mining Corp, Philippines
- Meralco Power Generation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Star Paper Mills Limited - India
- Indonesian Coal Mining Association
- Rio Tinto Coal - Australia
- GN Power Mariveles Coal Plant, Philippines
- Eastern Energy - Thailand
- Siam City Cement PLC, Thailand
- Kideco Jaya Agung - Indonesia
- Electricity Generating Authority of Thailand
- Coastal Gujarat Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Malabar Cements Ltd - India
- Energy Development Corp, Philippines
- European Bulk Services B.V. - Netherlands
- Sakthi Sugars Limited - India
- Chettinad Cement Corporation Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Barasentosa Lestari - Indonesia
- Global Business Power Corporation, Philippines
- Australian Coal Association
- Vedanta Resources Plc - India
- Kumho Petrochemical, South Korea
- Power Finance Corporation Ltd., India
- Neyveli Lignite Corporation Ltd, - India
- Straits Asia Resources Limited - Singapore
- Minerals Council of Australia
- Cigading International Bulk Terminal - Indonesia
- OPG Power Generation Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Aditya Birla Group - India
- Maharashtra Electricity Regulatory Commission - India
- Indian Oil Corporation Limited
- South Luzon Thermal Energy Corporation
- Vijayanagar Sugar Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Africa Commodities Group - South Africa
- Alfred C Toepfer International GmbH - Germany
- Ambuja Cements Ltd - India
- New Zealand Coal & Carbon
- Central Java Power - Indonesia
- GAC Shipping (India) Pvt Ltd
- Bhushan Steel Limited - India
- Sree Jayajothi Cements Limited - India
- Global Green Power PLC Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Medco Energi Mining Internasional
- Orica Australia Pty. Ltd.
- Posco Energy - South Korea
- Lanco Infratech Ltd - India
- Attock Cement Pakistan Limited
- Tata Chemicals Ltd - India
- Sarangani Energy Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Indian Energy Exchange, India
- VISA Power Limited - India
- Goldman Sachs - Singapore
- Dalmia Cement Bharat India
- Bangladesh Power Developement Board
- Krishnapatnam Port Company Ltd. - India
- Heidelberg Cement - Germany
- The University of Queensland
- McConnell Dowell - Australia
- Therma Luzon, Inc, Philippines
- Indika Energy - Indonesia
- Videocon Industries ltd - India
- Standard Chartered Bank - UAE
- Chamber of Mines of South Africa
- Toyota Tsusho Corporation, Japan
- Rashtriya Ispat Nigam Limited - India
- PowerSource Philippines DevCo
- Parry Sugars Refinery, India
- Grasim Industreis Ltd - India
- International Coal Ventures Pvt Ltd - India
- Edison Trading Spa - Italy
- CIMB Investment Bank - Malaysia
- Central Electricity Authority - India
- Intertek Mineral Services - Indonesia
- Wilmar Investment Holdings
- Ministry of Transport, Egypt
- Anglo American - United Kingdom
- Energy Link Ltd, New Zealand
- Formosa Plastics Group - Taiwan
- Latin American Coal - Colombia
- Bahari Cakrawala Sebuku - Indonesia
- Australian Commodity Traders Exchange
- Sindya Power Generating Company Private Ltd
- Borneo Indobara - Indonesia
- Jaiprakash Power Ventures ltd
- Leighton Contractors Pty Ltd - Australia
- Globalindo Alam Lestari - Indonesia
- TeaM Sual Corporation - Philippines
- Madhucon Powers Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Thai Mozambique Logistica
- Bukit Baiduri Energy - Indonesia
- Sical Logistics Limited - India
- Vizag Seaport Private Limited - India
- Economic Council, Georgia
- SMG Consultants - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Directorate Of Revenue Intelligence - India
- SN Aboitiz Power Inc, Philippines
- Marubeni Corporation - India
- Romanian Commodities Exchange
- Georgia Ports Authority, United States
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bukit Asam (Persero) Tbk - Indonesia
- Interocean Group of Companies - India
- Agrawal Coal Company - India
- Electricity Authority, New Zealand
- ASAPP Information Group - India
- ICICI Bank Limited - India
- Sojitz Corporation - Japan
- Jindal Steel & Power Ltd - India
- Makarim & Taira - Indonesia
- Xindia Steels Limited - India
- PNOC Exploration Corporation - Philippines
- Tamil Nadu electricity Board
- Bukit Makmur.PT - Indonesia
- Maheswari Brothers Coal Limited - India
- Singapore Mercantile Exchange
- Kobexindo Tractors - Indoneisa
- MS Steel International - UAE
- Baramulti Group, Indonesia
- India Bulls Power Limited - India
- Carbofer General Trading SA - India
- Mjunction Services Limited - India
- Riau Bara Harum - Indonesia
- PTC India Limited - India
- Iligan Light & Power Inc, Philippines
- Eastern Coal Council - USA
- Directorate General of MIneral and Coal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- The State Trading Corporation of India Ltd
- Essar Steel Hazira Ltd - India
- Meenaskhi Energy Private Limited - India
- GMR Energy Limited - India
- Manunggal Multi Energi - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Orica Mining Services - Indonesia
- CNBM International Corporation - China
- Holcim Trading Pte Ltd - Singapore
- Savvy Resources Ltd - HongKong
- Pipit Mutiara Jaya. PT, Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Renaissance Capital - South Africa
- IEA Clean Coal Centre - UK
- Karbindo Abesyapradhi - Indoneisa
- Independent Power Producers Association of India
- Indo Tambangraya Megah - Indonesia
- Kaltim Prima Coal - Indonesia
- Port Waratah Coal Services - Australia
- GVK Power & Infra Limited - India
- Kartika Selabumi Mining - Indonesia
- Global Coal Blending Company Limited - Australia
- Wood Mackenzie - Singapore
- Indogreen Group - Indonesia
- Salva Resources Pvt Ltd - India
- Larsen & Toubro Limited - India
- Bhoruka Overseas - Indonesia
- Uttam Galva Steels Limited - India
- Petron Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Coal and Oil Company - UAE
- Gujarat Sidhee Cement - India
- Trasteel International SA, Italy
- Deloitte Consulting - India
- Ind-Barath Power Infra Limited - India
- Bulk Trading Sa - Switzerland
- IHS Mccloskey Coal Group - USA
- Gujarat Electricity Regulatory Commission - India
- London Commodity Brokers - England
- Binh Thuan Hamico - Vietnam
- Parliament of New Zealand
- Siam City Cement - Thailand
- Oldendorff Carriers - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Ministry of Finance - Indonesia
- San Jose City I Power Corp, Philippines
- Banpu Public Company Limited - Thailand
- Aboitiz Power Corporation - Philippines
- Mintek Dendrill Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Mercuria Energy - Indonesia
- Bhatia International Limited - India
- Planning Commission, India
- Bharathi Cement Corporation - India
- Ministry of Mines - Canada
- Mercator Lines Limited - India
- Miang Besar Coal Terminal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SMC Global Power, Philippines
- Pendopo Energi Batubara - Indonesia
- Commonwealth Bank - Australia
- Karaikal Port Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Cement Manufacturers Association - India
- Asmin Koalindo Tuhup - Indonesia
- Price Waterhouse Coopers - Russia
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