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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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Tuesday, 13 February 24
WHAT IS THE OUTLOOK FOR THE NATURAL GAS SPOT PRICE IN 2024 AND 2025? EIA
We expect the U.S. benchmark Henry Hub natural gas spot price to average higher in 2024 and 2025 than in 2023, but to remain lower than $3.00 per m ...
Monday, 12 February 24
US THERMAL COAL EXPORTS HIT 5-YEAR HIGHS AND TOP $5 BLN IN 2023 - REUTERS
United States exporters of thermal coal earned more than $5 billion in 2023 as they shipped out more than 32.5 million metric tons of the high-poll ...
Tuesday, 06 February 24
NEW E-FUELS PROJECT TO MAKE INTERNATIONAL SHIPPING CLIMATE-NEUTRAL - RINA
Transport and trade on the ocean blue must be made much greener. This is the goal of the new €17 million European GAMMA project, where compani ...
Tuesday, 06 February 24
INDIA SEES ANNUAL COAL OUTPUT UP 10.9% IN 2024/25 - REUTERS
India expects domestic coal output to increase by 10.9% to 1.13 billion metric tons in the fiscal year ending March 2025, a senior government offic ...
Tuesday, 06 February 24
INDIA'S COAL PRODUCTION INCREASES BY 10.3% TO 99.73 MILLION TONNE IN JANUARY - PTI
The country’s coal output rose 10.3 per cent to 99.73 Million Tonne (MT) in January, over the same month in the previous fiscal.
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- White Energy Company Limited
- Iligan Light & Power Inc, Philippines
- Formosa Plastics Group - Taiwan
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- Siam City Cement PLC, Thailand
- GAC Shipping (India) Pvt Ltd
- PNOC Exploration Corporation - Philippines
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- Xindia Steels Limited - India
- Ministry of Transport, Egypt
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- Directorate Of Revenue Intelligence - India
- Economic Council, Georgia
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- GN Power Mariveles Coal Plant, Philippines
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- Wood Mackenzie - Singapore
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- Merrill Lynch Commodities Europe
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- Sakthi Sugars Limited - India
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- PowerSource Philippines DevCo
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- Asia Pacific Energy Resources Ventures Inc, Philippines
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- Standard Chartered Bank - UAE
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- Parliament of New Zealand
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- Eastern Energy - Thailand
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- Malabar Cements Ltd - India
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- Therma Luzon, Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Bukit Makmur.PT - Indonesia
- The University of Queensland
- VISA Power Limited - India
- Commonwealth Bank - Australia
- Gujarat Electricity Regulatory Commission - India
- Dalmia Cement Bharat India
- Indika Energy - Indonesia
- London Commodity Brokers - England
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- Attock Cement Pakistan Limited
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coastal Gujarat Power Limited - India
- Orica Australia Pty. Ltd.
- Africa Commodities Group - South Africa
- India Bulls Power Limited - India
- Simpson Spence & Young - Indonesia
- Banpu Public Company Limited - Thailand
- Antam Resourcindo - Indonesia
- Siam City Cement - Thailand
- Australian Coal Association
- Central Java Power - Indonesia
- Global Business Power Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Interocean Group of Companies - India
- Electricity Authority, New Zealand
- Bhoruka Overseas - Indonesia
- Makarim & Taira - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Ceylon Electricity Board - Sri Lanka
- Latin American Coal - Colombia
- Agrawal Coal Company - India
- Goldman Sachs - Singapore
- Salva Resources Pvt Ltd - India
- Mjunction Services Limited - India
- Meenaskhi Energy Private Limited - India
- Bharathi Cement Corporation - India
- Chettinad Cement Corporation Ltd - India
- Semirara Mining and Power Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Thiess Contractors Indonesia
- Coal and Oil Company - UAE
- SN Aboitiz Power Inc, Philippines
- Toyota Tsusho Corporation, Japan
- Renaissance Capital - South Africa
- The State Trading Corporation of India Ltd
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- Indian Oil Corporation Limited
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- Sree Jayajothi Cements Limited - India
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- SMC Global Power, Philippines
- Parry Sugars Refinery, India
- Altura Mining Limited, Indonesia
- Edison Trading Spa - Italy
- Bhatia International Limited - India
- Sindya Power Generating Company Private Ltd
- IHS Mccloskey Coal Group - USA
- Asmin Koalindo Tuhup - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- European Bulk Services B.V. - Netherlands
- Heidelberg Cement - Germany
- Savvy Resources Ltd - HongKong
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- SMG Consultants - Indonesia
- Samtan Co., Ltd - South Korea
- IEA Clean Coal Centre - UK
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- Bulk Trading Sa - Switzerland
- Cement Manufacturers Association - India
- Power Finance Corporation Ltd., India
- Chamber of Mines of South Africa
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- PetroVietnam Power Coal Import and Supply Company
- Meralco Power Generation, Philippines
- Global Green Power PLC Corporation, Philippines
- Orica Mining Services - Indonesia
- Sical Logistics Limited - India
- Kartika Selabumi Mining - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Marubeni Corporation - India
- Coalindo Energy - Indonesia
- Deloitte Consulting - India
- South Luzon Thermal Energy Corporation
- Bangladesh Power Developement Board
- Indonesian Coal Mining Association
- PTC India Limited - India
- Aditya Birla Group - India
- Timah Investasi Mineral - Indoneisa
- Petrochimia International Co. Ltd.- Taiwan
- New Zealand Coal & Carbon
- Bank of Tokyo Mitsubishi UFJ Ltd
- Australian Commodity Traders Exchange
- Sinarmas Energy and Mining - Indonesia
- ICICI Bank Limited - India
- Kumho Petrochemical, South Korea
- Metalloyd Limited - United Kingdom
- Petron Corporation, Philippines
- McConnell Dowell - Australia
- CIMB Investment Bank - Malaysia
- Tamil Nadu electricity Board
- Vijayanagar Sugar Pvt Ltd - India
- MS Steel International - UAE
- Port Waratah Coal Services - Australia
- Kalimantan Lumbung Energi - Indonesia
- Planning Commission, India
- Wilmar Investment Holdings
- Uttam Galva Steels Limited - India
- Tata Chemicals Ltd - India
- Price Waterhouse Coopers - Russia
- Posco Energy - South Korea
- Binh Thuan Hamico - Vietnam
- Jaiprakash Power Ventures ltd
- International Coal Ventures Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Essar Steel Hazira Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Barasentosa Lestari - Indonesia
- Riau Bara Harum - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ministry of Finance - Indonesia
- Trasteel International SA, Italy
- Madhucon Powers Ltd - India
- Eastern Coal Council - USA
- Mercator Lines Limited - India
- Kepco SPC Power Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Minerals Council of Australia
- Borneo Indobara - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Ministry of Mines - Canada
- Georgia Ports Authority, United States
- Videocon Industries ltd - India
- Thai Mozambique Logistica
- Kohat Cement Company Ltd. - Pakistan
- The Treasury - Australian Government
- Energy Link Ltd, New Zealand
- Miang Besar Coal Terminal - Indonesia
- Straits Asia Resources Limited - Singapore
- Independent Power Producers Association of India
- Jorong Barutama Greston.PT - Indonesia
- Rio Tinto Coal - Australia
- TeaM Sual Corporation - Philippines
- Central Electricity Authority - India
- Mercuria Energy - Indonesia
- Larsen & Toubro Limited - India
- ASAPP Information Group - India
- Bukit Baiduri Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Ambuja Cements Ltd - India
- LBH Netherlands Bv - Netherlands
- Kobexindo Tractors - Indoneisa
- Kaltim Prima Coal - Indonesia
- Sojitz Corporation - Japan
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