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Friday, 10 November 23
INDIA: NATIONAL COAL INDEX RISES 3.83 POINTS IN SEPTEMBER AMID HIGHER DEMAND - LIVEMINT
The National Coal Index (NCI) rose 3.83 points to 143.91 in September amid growing demand for coal.
The union coal ministry on Tuesday said this is the first increase in the index since April 2023. “This incline was influenced by temporary rise of coal prices in global markets,” it said.
NCI is a price index combining the prices of coal from all the sales channels, notified prices, auction prices and import prices. It is used to determine the premium, on a per-tonne basis or revenue share on a percentage basis based on a market-based mechanism.
According to the ministry, the upward movement in the index indicates rising demand for coal because of the upcoming festive season and winter in the country, which will encourage coal producer to take maximum benefit by further scaling-up domestic coal production to meet the growing energy demands.
The National Coal Index (NCI) was rolled out on 4 June 2020 and it is a price index that reflects the change in price of coal on a particular month relative to the fixed base year.
In the past few months, India has witnessed an increase in demand for coal, largely from the power sector with surging power demand. Imports of coal by power plants have also continued as the power ministry has mandated all gencos to blend imported coal.
So far in FY24 (April-October) India has produced 507.01 million metric tonne coal with a 13.02% year-on-year growth. The government aims to take the annual production this fiscal to $1 billion tonne.
The captive and commercial mines have so far produced 75.94 million tonne and are expected to reach 162 million tonne by the end of the fiscal.
In FY23, India had produced 893.19 million tonne coal with a 14.77% growth over the previous year.
Source: Livemint
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Thursday, 02 March 23
INDIA, CHINA DEMAND BOOST LOW-RANK THERMAL COAL PRICES IN ASIA - RUSSELL, REUTERS
Signs of stronger import demand from India have arrested the decline in price of the thermal coal grades most commonly sought by the world’s ...
Thursday, 02 March 23
INDIA CHEERS THE RETURN OF ‘KING COAL’ AS INDUSTRY SEES BUOYANT FUTURE - REUTERS
India’s coal industry celebrated the return of its major conference after a three-year pandemic hiatus by presenting a bullish view of demand ...
Wednesday, 01 March 23
GEO CONNECT ASIA RETURNS IN MARCH TO ACCELERATE THE REGION’S GEOSPATIAL AND LOCATION INTELLIGENCE CAPABILITIES
Press Release: The third edition of GCA will be held in conjunction with Digital Construction Asia and the inaugural Drones Asia – an event d ...
Wednesday, 01 March 23
THE DECLINE IN THE COAL PRICE SINCE THE BEGINNING OF THE YEAR HAS BEEN SIGNIFICANT - INTERMODAL
Last week, the front-month API2 future rose by 3.5%, but since the beginning of the year the future has fallen by 39% to $136.65/t, while the Newca ...
Sunday, 26 February 23
MAWANI AND JEDDAH CHAMBER SIGN AN AGREEMENT TO BUILD INTEGRATED LOGISTICS PARK
Press Release: The Saudi Ports Authority (Mawani) and Jeddah Chamber of Commerce and Industry have today inked an agreement to set up an integrated ...
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- Uttam Galva Steels Limited - India
- South Luzon Thermal Energy Corporation
- Directorate General of MIneral and Coal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Electricity Authority, New Zealand
- Gujarat Mineral Development Corp Ltd - India
- Bharathi Cement Corporation - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ambuja Cements Ltd - India
- Essar Steel Hazira Ltd - India
- MS Steel International - UAE
- Eastern Coal Council - USA
- Tata Chemicals Ltd - India
- Ind-Barath Power Infra Limited - India
- Kideco Jaya Agung - Indonesia
- IHS Mccloskey Coal Group - USA
- India Bulls Power Limited - India
- Economic Council, Georgia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Madhucon Powers Ltd - India
- Parliament of New Zealand
- Xindia Steels Limited - India
- Aditya Birla Group - India
- Trasteel International SA, Italy
- OPG Power Generation Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Africa Commodities Group - South Africa
- Siam City Cement PLC, Thailand
- Anglo American - United Kingdom
- Commonwealth Bank - Australia
- Marubeni Corporation - India
- Independent Power Producers Association of India
- Salva Resources Pvt Ltd - India
- Ministry of Mines - Canada
- Chamber of Mines of South Africa
- Rio Tinto Coal - Australia
- Power Finance Corporation Ltd., India
- CIMB Investment Bank - Malaysia
- Energy Link Ltd, New Zealand
- Siam City Cement - Thailand
- Bhoruka Overseas - Indonesia
- The State Trading Corporation of India Ltd
- Altura Mining Limited, Indonesia
- Ministry of Finance - Indonesia
- Coastal Gujarat Power Limited - India
- Indika Energy - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Intertek Mineral Services - Indonesia
- Aboitiz Power Corporation - Philippines
- Thiess Contractors Indonesia
- Miang Besar Coal Terminal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Edison Trading Spa - Italy
- Thai Mozambique Logistica
- Romanian Commodities Exchange
- Kalimantan Lumbung Energi - Indonesia
- Wilmar Investment Holdings
- Mjunction Services Limited - India
- Attock Cement Pakistan Limited
- Gujarat Electricity Regulatory Commission - India
- Kartika Selabumi Mining - Indonesia
- Port Waratah Coal Services - Australia
- Jorong Barutama Greston.PT - Indonesia
- Goldman Sachs - Singapore
- Agrawal Coal Company - India
- GN Power Mariveles Coal Plant, Philippines
- Latin American Coal - Colombia
- Riau Bara Harum - Indonesia
- Jaiprakash Power Ventures ltd
- Metalloyd Limited - United Kingdom
- Chettinad Cement Corporation Ltd - India
- Therma Luzon, Inc, Philippines
- VISA Power Limited - India
- AsiaOL BioFuels Corp., Philippines
- Wood Mackenzie - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Banpu Public Company Limited - Thailand
- Barasentosa Lestari - Indonesia
- Medco Energi Mining Internasional
- Sree Jayajothi Cements Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Bulk Trading Sa - Switzerland
- Bhushan Steel Limited - India
- Samtan Co., Ltd - South Korea
- Sakthi Sugars Limited - India
- Singapore Mercantile Exchange
- Cement Manufacturers Association - India
- Meenaskhi Energy Private Limited - India
- Central Java Power - Indonesia
- Bukit Baiduri Energy - Indonesia
- New Zealand Coal & Carbon
- Energy Development Corp, Philippines
- ASAPP Information Group - India
- Kaltim Prima Coal - Indonesia
- LBH Netherlands Bv - Netherlands
- ICICI Bank Limited - India
- Sical Logistics Limited - India
- Ceylon Electricity Board - Sri Lanka
- Directorate Of Revenue Intelligence - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- London Commodity Brokers - England
- Eastern Energy - Thailand
- GMR Energy Limited - India
- PTC India Limited - India
- Electricity Generating Authority of Thailand
- Mintek Dendrill Indonesia
- Antam Resourcindo - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Star Paper Mills Limited - India
- PNOC Exploration Corporation - Philippines
- Borneo Indobara - Indonesia
- Manunggal Multi Energi - Indonesia
- Timah Investasi Mineral - Indoneisa
- McConnell Dowell - Australia
- Standard Chartered Bank - UAE
- Leighton Contractors Pty Ltd - Australia
- Asmin Koalindo Tuhup - Indonesia
- CNBM International Corporation - China
- Petron Corporation, Philippines
- Baramulti Group, Indonesia
- TeaM Sual Corporation - Philippines
- Australian Coal Association
- Georgia Ports Authority, United States
- Karaikal Port Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Holcim Trading Pte Ltd - Singapore
- Interocean Group of Companies - India
- Simpson Spence & Young - Indonesia
- Central Electricity Authority - India
- Bukit Makmur.PT - Indonesia
- Bangladesh Power Developement Board
- PetroVietnam Power Coal Import and Supply Company
- Orica Australia Pty. Ltd.
- International Coal Ventures Pvt Ltd - India
- Lanco Infratech Ltd - India
- Deloitte Consulting - India
- The Treasury - Australian Government
- Posco Energy - South Korea
- Cigading International Bulk Terminal - Indonesia
- Videocon Industries ltd - India
- Sinarmas Energy and Mining - Indonesia
- GAC Shipping (India) Pvt Ltd
- San Jose City I Power Corp, Philippines
- Rashtriya Ispat Nigam Limited - India
- Australian Commodity Traders Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- Planning Commission, India
- The University of Queensland
- Oldendorff Carriers - Singapore
- Global Business Power Corporation, Philippines
- Carbofer General Trading SA - India
- Heidelberg Cement - Germany
- Semirara Mining and Power Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Indo Tambangraya Megah - Indonesia
- Vizag Seaport Private Limited - India
- SMC Global Power, Philippines
- SMG Consultants - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Kepco SPC Power Corporation, Philippines
- Makarim & Taira - Indonesia
- Indogreen Group - Indonesia
- Formosa Plastics Group - Taiwan
- Global Green Power PLC Corporation, Philippines
- Sojitz Corporation - Japan
- Coal and Oil Company - UAE
- PowerSource Philippines DevCo
- Binh Thuan Hamico - Vietnam
- Tamil Nadu electricity Board
- Indian Oil Corporation Limited
- Renaissance Capital - South Africa
- Indonesian Coal Mining Association
- Semirara Mining Corp, Philippines
- Grasim Industreis Ltd - India
- Gujarat Sidhee Cement - India
- Mercator Lines Limited - India
- Kumho Petrochemical, South Korea
- Malabar Cements Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Minerals Council of Australia
- GVK Power & Infra Limited - India
- Pendopo Energi Batubara - Indonesia
- Global Coal Blending Company Limited - Australia
- Parry Sugars Refinery, India
- Coalindo Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Larsen & Toubro Limited - India
- Bhatia International Limited - India
- Meralco Power Generation, Philippines
- Ministry of Transport, Egypt
- Mercuria Energy - Indonesia
- Price Waterhouse Coopers - Russia
- Toyota Tsusho Corporation, Japan
- IEA Clean Coal Centre - UK
- Kobexindo Tractors - Indoneisa
- Straits Asia Resources Limited - Singapore
- Orica Mining Services - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Sindya Power Generating Company Private Ltd
- White Energy Company Limited
- Alfred C Toepfer International GmbH - Germany
- European Bulk Services B.V. - Netherlands
- Jindal Steel & Power Ltd - India
- Vedanta Resources Plc - India
- Dalmia Cement Bharat India
- Maheswari Brothers Coal Limited - India
- Globalindo Alam Lestari - Indonesia
- Merrill Lynch Commodities Europe
- Maharashtra Electricity Regulatory Commission - India
- Indian Energy Exchange, India
- Iligan Light & Power Inc, Philippines
- Savvy Resources Ltd - HongKong
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