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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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Monday, 08 January 24
KOSPO TO BUY 80000 MT OF INDONESIAN LOW CALORIFIC VALUE COAL FOR FEB 2024
Korea Southern Power Co., Ltd. (KOSPO), is inviting bids for the supply of Indonesian Low Calorific Value Coal from qualified suppliers for Korean ...
Monday, 08 January 24
SEABORNE TRADE REACHES 12.4BN TONNES - CLARKSONS
China will establish a back-up coal production system by 2027 to stabilise prices and secure coal supply, the state planner said on Wednesday, even ...
Monday, 08 January 24
CAPESIZES START THE NEW YEAR ON POSITIVE NOTE - BALTIC EXCHANGE
Capesize
This week the capsize market has been marked by a mix of activities and challenges. Despite a slow start following the Christmas and N ...
Friday, 05 January 24
MORGAN STANLEY SEES LOWER OIL PRICES IN 2024 ON OVERSUPPLY CONCERNS - REUTERS
Morgan Stanley sees Brent crude prices anchored near $80 per barrel in the first half in 2024 before declining towards the end of the year as it ex ...
Friday, 05 January 24
INDIA'S COAL OUTPUT RISES NEARLY 11 PC IN DEC TO 92.87 MT - PTI
India’s coal production increased by 10.75 per cent to 92.87 million tonne in December 2023 as compared to the year-ago period, an official s ...
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- VISA Power Limited - India
- Power Finance Corporation Ltd., India
- Malabar Cements Ltd - India
- Vizag Seaport Private Limited - India
- Georgia Ports Authority, United States
- Maharashtra Electricity Regulatory Commission - India
- Madhucon Powers Ltd - India
- PNOC Exploration Corporation - Philippines
- Aditya Birla Group - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sindya Power Generating Company Private Ltd
- South Luzon Thermal Energy Corporation
- Chamber of Mines of South Africa
- Xindia Steels Limited - India
- ICICI Bank Limited - India
- Salva Resources Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Siam City Cement PLC, Thailand
- Krishnapatnam Port Company Ltd. - India
- Anglo American - United Kingdom
- The University of Queensland
- Miang Besar Coal Terminal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Jindal Steel & Power Ltd - India
- Latin American Coal - Colombia
- Alfred C Toepfer International GmbH - Germany
- Kepco SPC Power Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Renaissance Capital - South Africa
- Makarim & Taira - Indonesia
- Minerals Council of Australia
- Siam City Cement - Thailand
- Leighton Contractors Pty Ltd - Australia
- PetroVietnam Power Coal Import and Supply Company
- Gujarat Electricity Regulatory Commission - India
- Pipit Mutiara Jaya. PT, Indonesia
- Mjunction Services Limited - India
- Sinarmas Energy and Mining - Indonesia
- Riau Bara Harum - Indonesia
- Coalindo Energy - Indonesia
- Australian Coal Association
- Sojitz Corporation - Japan
- Tamil Nadu electricity Board
- Oldendorff Carriers - Singapore
- Lanco Infratech Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Medco Energi Mining Internasional
- Economic Council, Georgia
- Sakthi Sugars Limited - India
- Indika Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- PTC India Limited - India
- Sical Logistics Limited - India
- Parliament of New Zealand
- Karaikal Port Pvt Ltd - India
- Orica Mining Services - Indonesia
- Electricity Authority, New Zealand
- Agrawal Coal Company - India
- Mintek Dendrill Indonesia
- Cigading International Bulk Terminal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Barasentosa Lestari - Indonesia
- New Zealand Coal & Carbon
- Wilmar Investment Holdings
- Dalmia Cement Bharat India
- Bukit Asam (Persero) Tbk - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ind-Barath Power Infra Limited - India
- Meenaskhi Energy Private Limited - India
- AsiaOL BioFuels Corp., Philippines
- GMR Energy Limited - India
- Bukit Baiduri Energy - Indonesia
- Videocon Industries ltd - India
- Thai Mozambique Logistica
- MS Steel International - UAE
- ASAPP Information Group - India
- Timah Investasi Mineral - Indoneisa
- London Commodity Brokers - England
- Antam Resourcindo - Indonesia
- Kideco Jaya Agung - Indonesia
- Thiess Contractors Indonesia
- CNBM International Corporation - China
- Metalloyd Limited - United Kingdom
- Uttam Galva Steels Limited - India
- CIMB Investment Bank - Malaysia
- SMG Consultants - Indonesia
- Rio Tinto Coal - Australia
- Edison Trading Spa - Italy
- Heidelberg Cement - Germany
- Asia Pacific Energy Resources Ventures Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Petron Corporation, Philippines
- Wood Mackenzie - Singapore
- Kobexindo Tractors - Indoneisa
- Ministry of Mines - Canada
- International Coal Ventures Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- PowerSource Philippines DevCo
- White Energy Company Limited
- Indo Tambangraya Megah - Indonesia
- Star Paper Mills Limited - India
- SMC Global Power, Philippines
- The State Trading Corporation of India Ltd
- Grasim Industreis Ltd - India
- Romanian Commodities Exchange
- Iligan Light & Power Inc, Philippines
- Bhoruka Overseas - Indonesia
- Singapore Mercantile Exchange
- Coal and Oil Company - UAE
- Samtan Co., Ltd - South Korea
- Posco Energy - South Korea
- Indonesian Coal Mining Association
- Baramulti Group, Indonesia
- Globalindo Alam Lestari - Indonesia
- Essar Steel Hazira Ltd - India
- Planning Commission, India
- Deloitte Consulting - India
- Toyota Tsusho Corporation, Japan
- Manunggal Multi Energi - Indonesia
- Parry Sugars Refinery, India
- Semirara Mining Corp, Philippines
- Tata Chemicals Ltd - India
- Ministry of Transport, Egypt
- Bhatia International Limited - India
- Standard Chartered Bank - UAE
- Simpson Spence & Young - Indonesia
- Billiton Holdings Pty Ltd - Australia
- McConnell Dowell - Australia
- IHS Mccloskey Coal Group - USA
- Price Waterhouse Coopers - Russia
- Sree Jayajothi Cements Limited - India
- Straits Asia Resources Limited - Singapore
- Rashtriya Ispat Nigam Limited - India
- Cement Manufacturers Association - India
- Marubeni Corporation - India
- Attock Cement Pakistan Limited
- TNB Fuel Sdn Bhd - Malaysia
- Ambuja Cements Ltd - India
- Interocean Group of Companies - India
- Formosa Plastics Group - Taiwan
- GAC Shipping (India) Pvt Ltd
- IEA Clean Coal Centre - UK
- SN Aboitiz Power Inc, Philippines
- Eastern Energy - Thailand
- Indian Oil Corporation Limited
- Sarangani Energy Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Global Business Power Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Gujarat Sidhee Cement - India
- Therma Luzon, Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Carbofer General Trading SA - India
- GVK Power & Infra Limited - India
- Bulk Trading Sa - Switzerland
- Global Green Power PLC Corporation, Philippines
- Indogreen Group - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Central Java Power - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bharathi Cement Corporation - India
- Independent Power Producers Association of India
- Kalimantan Lumbung Energi - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Trasteel International SA, Italy
- Holcim Trading Pte Ltd - Singapore
- Energy Development Corp, Philippines
- Orica Australia Pty. Ltd.
- Kartika Selabumi Mining - Indonesia
- Directorate Of Revenue Intelligence - India
- India Bulls Power Limited - India
- Global Coal Blending Company Limited - Australia
- Pendopo Energi Batubara - Indonesia
- Kumho Petrochemical, South Korea
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Finance - Indonesia
- Bangladesh Power Developement Board
- Bhushan Steel Limited - India
- Maheswari Brothers Coal Limited - India
- OPG Power Generation Pvt Ltd - India
- Africa Commodities Group - South Africa
- Energy Link Ltd, New Zealand
- Intertek Mineral Services - Indonesia
- Indian Energy Exchange, India
- GN Power Mariveles Coal Plant, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Goldman Sachs - Singapore
- Vedanta Resources Plc - India
- Mercator Lines Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Borneo Indobara - Indonesia
- Banpu Public Company Limited - Thailand
- The Treasury - Australian Government
- Australian Commodity Traders Exchange
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mercuria Energy - Indonesia
- Port Waratah Coal Services - Australia
- Bukit Makmur.PT - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Savvy Resources Ltd - HongKong
- European Bulk Services B.V. - Netherlands
- Central Electricity Authority - India
- Coastal Gujarat Power Limited - India
- Eastern Coal Council - USA
- Chettinad Cement Corporation Ltd - India
- Merrill Lynch Commodities Europe
- Jaiprakash Power Ventures ltd
- Larsen & Toubro Limited - India
- Electricity Generating Authority of Thailand
- Binh Thuan Hamico - Vietnam
- San Jose City I Power Corp, Philippines
- Meralco Power Generation, Philippines
- Commonwealth Bank - Australia
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