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Monday, 18 April 22
DEMAND FOR THERMAL COAL TO RISE DUE TO INCREASE IN ELECTRICITY DEMAND: INDIAN COAL MINISTRY - PTI
Coal block allocatees have a golden opportunity to augment production as the demand for thermal coal will rise due to an increase in electricity demand, according to a senior government official.
There are reports of coal shortages amid rising demand for electricity with the onset of summer season.
New coal blocks are being allocated for commercial mining and prospective bidders have shown encouraging responses for these blocks. Some of these blocks have started coal production within a year of allocation, the coal ministry said in a statement on Tuesday.
“Coal block allocatees have a golden opportunity for increasing coal production as the price of imported coal is very high at the moment and demand of thermal coal will increase due to increase in electricity demand of country,” Coal Secretary Anil Kumar Jain said.
The production from captive coal blocks registered an increase of 35 per cent to 85 million tonnes in FY22.
It was at 63 million tonnes in FY21.
“The nominated authority, Ministry of Coal has reviewed the production of coal with allocatees of captive coal blocks whose coal blocks have either commenced production or are likely to commence production during the financial year 2022-23,” the statement said.
The review meeting was chaired by Jain.
The coal ministry has taken consistent initiatives to increase the production of coal from captive mines.
Presently, 106 coal blocks have been allocated under the Coal Mines (Special Provisions) Act, 2015 and mine opening permissions have been given for 47 mines.
It is likely to rise to 60 coal blocks in FY’23.
The annual peak rated capacity of operational coal blocks will be around 230 million tonnes and the dry fuel output will be increased substantially to more than 140 million tonnes in the ongoing financial year.
In October last year, many states complained about shortage of coal for power plants and some of them also faced electricity outages for several hours a day.
Source: PTI
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Wednesday, 13 July 22
MARKET INSIGHT - INTERMODAL
Taking the previous market insight a step further, market sentiment remains bullish regarding the overall ROI of scrubbers, facing tailwinds from a ...
Friday, 08 July 22
AUSTRALIAN COAL PRICE BREAKS AGAIN LEVEL US$ 400/TON!, UP AROUND 4% - CNBC INDONESIA
Coal prices shot up again and crossed the level of US$ 400 per ton. On Thursday (7/7/2022) trading, the selling price of August contract closed at ...
Friday, 08 July 22
INDONESIA MULLS MORE FREQUENT SETTING OF CRUDE PALM OIL REFERENCE PRICE - REUTERS
Indonesia is considering setting its crude palm oil (CPO) export reference price every two weeks instead of monthly, a senior trade ministry offici ...
Friday, 08 July 22
BUNKER PRICES EXPECTED TO RECOVER LOST GROUND NEXT WEEK - SERGEY IVANOV, MABUX
Over the Week 27, the world bunker indices showed a sharp decline, primarily due to the fall in oil prices on July 05. The 380 HSFO index fell by 5 ...
Thursday, 07 July 22
NTPC MINES 61% MORE COAL AT 4.22 MN METRIC TONNES IN APRIL-JUNE: PTI
State-owned power giant NTPC on Tuesday said that its coal output grew by 61 per cent to Rs 42.40 lakh metric tonnes in April-June quarter from 26. ...
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- Ceylon Electricity Board - Sri Lanka
- The State Trading Corporation of India Ltd
- Cement Manufacturers Association - India
- Marubeni Corporation - India
- Gujarat Mineral Development Corp Ltd - India
- Coal and Oil Company - UAE
- GAC Shipping (India) Pvt Ltd
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- Energy Link Ltd, New Zealand
- LBH Netherlands Bv - Netherlands
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- Latin American Coal - Colombia
- Indian Oil Corporation Limited
- Interocean Group of Companies - India
- Bahari Cakrawala Sebuku - Indonesia
- Romanian Commodities Exchange
- Samtan Co., Ltd - South Korea
- India Bulls Power Limited - India
- Mercuria Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- Bhoruka Overseas - Indonesia
- Electricity Authority, New Zealand
- Jorong Barutama Greston.PT - Indonesia
- The Treasury - Australian Government
- Eastern Coal Council - USA
- TNB Fuel Sdn Bhd - Malaysia
- Vedanta Resources Plc - India
- Cigading International Bulk Terminal - Indonesia
- Edison Trading Spa - Italy
- Pipit Mutiara Jaya. PT, Indonesia
- Ind-Barath Power Infra Limited - India
- Thai Mozambique Logistica
- Economic Council, Georgia
- Kepco SPC Power Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Oldendorff Carriers - Singapore
- Ministry of Mines - Canada
- Renaissance Capital - South Africa
- Orica Australia Pty. Ltd.
- Meenaskhi Energy Private Limited - India
- Savvy Resources Ltd - HongKong
- Bulk Trading Sa - Switzerland
- Coalindo Energy - Indonesia
- Bangladesh Power Developement Board
- Kohat Cement Company Ltd. - Pakistan
- Medco Energi Mining Internasional
- Tata Chemicals Ltd - India
- Rashtriya Ispat Nigam Limited - India
- McConnell Dowell - Australia
- Manunggal Multi Energi - Indonesia
- Trasteel International SA, Italy
- Directorate Of Revenue Intelligence - India
- Deloitte Consulting - India
- Agrawal Coal Company - India
- Wilmar Investment Holdings
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- PTC India Limited - India
- Aditya Birla Group - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sinarmas Energy and Mining - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Rio Tinto Coal - Australia
- Barasentosa Lestari - Indonesia
- Indogreen Group - Indonesia
- Uttam Galva Steels Limited - India
- Standard Chartered Bank - UAE
- Binh Thuan Hamico - Vietnam
- ASAPP Information Group - India
- Holcim Trading Pte Ltd - Singapore
- Power Finance Corporation Ltd., India
- OPG Power Generation Pvt Ltd - India
- Commonwealth Bank - Australia
- Star Paper Mills Limited - India
- VISA Power Limited - India
- Parliament of New Zealand
- International Coal Ventures Pvt Ltd - India
- London Commodity Brokers - England
- Thiess Contractors Indonesia
- Sree Jayajothi Cements Limited - India
- Riau Bara Harum - Indonesia
- GVK Power & Infra Limited - India
- GMR Energy Limited - India
- South Luzon Thermal Energy Corporation
- Sojitz Corporation - Japan
- Petrochimia International Co. Ltd.- Taiwan
- CNBM International Corporation - China
- Jaiprakash Power Ventures ltd
- Formosa Plastics Group - Taiwan
- PetroVietnam Power Coal Import and Supply Company
- Orica Mining Services - Indonesia
- European Bulk Services B.V. - Netherlands
- Krishnapatnam Port Company Ltd. - India
- Georgia Ports Authority, United States
- Neyveli Lignite Corporation Ltd, - India
- Global Business Power Corporation, Philippines
- IEA Clean Coal Centre - UK
- Australian Coal Association
- Port Waratah Coal Services - Australia
- Kaltim Prima Coal - Indonesia
- Indonesian Coal Mining Association
- Essar Steel Hazira Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Energy Development Corp, Philippines
- Sakthi Sugars Limited - India
- Australian Commodity Traders Exchange
- Global Green Power PLC Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Singapore Mercantile Exchange
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- Sical Logistics Limited - India
- Anglo American - United Kingdom
- Sindya Power Generating Company Private Ltd
- PNOC Exploration Corporation - Philippines
- Planning Commission, India
- Posco Energy - South Korea
- Vizag Seaport Private Limited - India
- IHS Mccloskey Coal Group - USA
- Karaikal Port Pvt Ltd - India
- Indika Energy - Indonesia
- Dalmia Cement Bharat India
- Mercator Lines Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Semirara Mining and Power Corporation, Philippines
- SMG Consultants - Indonesia
- Maheswari Brothers Coal Limited - India
- Intertek Mineral Services - Indonesia
- Minerals Council of Australia
- Kapuas Tunggal Persada - Indonesia
- Larsen & Toubro Limited - India
- Sarangani Energy Corporation, Philippines
- Tamil Nadu electricity Board
- Directorate General of MIneral and Coal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Bhatia International Limited - India
- Malabar Cements Ltd - India
- Chettinad Cement Corporation Ltd - India
- Globalindo Alam Lestari - Indonesia
- Pendopo Energi Batubara - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Lanco Infratech Ltd - India
- San Jose City I Power Corp, Philippines
- Mintek Dendrill Indonesia
- Salva Resources Pvt Ltd - India
- Wood Mackenzie - Singapore
- SN Aboitiz Power Inc, Philippines
- Kideco Jaya Agung - Indonesia
- Electricity Generating Authority of Thailand
- SMC Global Power, Philippines
- Bukit Makmur.PT - Indonesia
- Xindia Steels Limited - India
- Indian Energy Exchange, India
- Kumho Petrochemical, South Korea
- Kobexindo Tractors - Indoneisa
- Global Coal Blending Company Limited - Australia
- Gujarat Electricity Regulatory Commission - India
- Goldman Sachs - Singapore
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- Price Waterhouse Coopers - Russia
- Metalloyd Limited - United Kingdom
- Therma Luzon, Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Parry Sugars Refinery, India
- Bhushan Steel Limited - India
- Videocon Industries ltd - India
- Chamber of Mines of South Africa
- Bayan Resources Tbk. - Indonesia
- Attock Cement Pakistan Limited
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Finance - Indonesia
- PowerSource Philippines DevCo
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Antam Resourcindo - Indonesia
- Simpson Spence & Young - Indonesia
- Independent Power Producers Association of India
- Africa Commodities Group - South Africa
- Straits Asia Resources Limited - Singapore
- Altura Mining Limited, Indonesia
- Merrill Lynch Commodities Europe
- New Zealand Coal & Carbon
- Timah Investasi Mineral - Indoneisa
- Madhucon Powers Ltd - India
- Aboitiz Power Corporation - Philippines
- Toyota Tsusho Corporation, Japan
- Central Electricity Authority - India
- Makarim & Taira - Indonesia
- The University of Queensland
- Ambuja Cements Ltd - India
- Siam City Cement PLC, Thailand
- TeaM Sual Corporation - Philippines
- CIMB Investment Bank - Malaysia
- Petron Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- ICICI Bank Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Banpu Public Company Limited - Thailand
- Eastern Energy - Thailand
- Coastal Gujarat Power Limited - India
- Siam City Cement - Thailand
- Miang Besar Coal Terminal - Indonesia
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- Borneo Indobara - Indonesia
- Semirara Mining Corp, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ministry of Transport, Egypt
- Heidelberg Cement - Germany
- Central Java Power - Indonesia
- MS Steel International - UAE
- Bharathi Cement Corporation - India
- Baramulti Group, Indonesia
- White Energy Company Limited
- Mjunction Services Limited - India
- Gujarat Sidhee Cement - India
- Alfred C Toepfer International GmbH - Germany
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