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Wednesday, 22 November 23
INDIA: GOVERNMENT PLANS 1.4 BILLION TONNE COAL OUTPUT BY 2027 - LIVEMINT
The Union coal ministry on Monday announced plans to increase India’s coal production to 1.404 billion tonne by 2027, with an eye to further boost it to 1.577 billion tonne by 2030.
Current domestic production hovers around one billion tonne annually. This increase in output aims to ensure ample supply of domestic coal to India’s thermal power plants, which are essential for the country’s growing energy needs.
The ministry also said that coal stocks at thermal power plants have been rising since 16 October, and stand at approximately 20 million tonne. Stocks at mines have hit 41.59 million tonne. Overall, including transit and captive mines, the stockpile has grown to 73.56 million tonne, up 12% from the previous year’s 65.56 million tonne.
“…The coal supplied to domestic coal-based power plant is around 821 million tonne (MT) for the current year,” it said.
The ministry is also preparing for an expected surge in coal demand, which is estimated to reach around 400 million tonne to support the additional 80 GW of thermal capacity projected by 2030. However, this figure may be adjusted based on future generation requirements and the contribution of renewable energy sources.
To meet these production goals, the ministry is planning opening of new mines, expansion of existing mine capacities, and utilisation of captive and commercial mines.
“The production plans for year 2027 and 2030 will far exceed the likely domestic requirement of thermal power plants in the country, including that for likely additional capacity,” the ministry said in a statement.
It also said that coal, power, and railway ministries are working in close co-ordination, resulting in smooth coal supplies.
The ministry’s statement comes against the backdrop of a robust 13.02% annual growth in coal production, outpacing an 8.99% growth in power generation from domestic coal-based plants. Demand for thermal power has seen a 20% increase over the last year.
In response to rising power demand, the government has asked power generating companies to blend 6% imported coal until March 2024 and has directed all imported-coal-based plants to operate at full capacity until June next year.
Source: livemint
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Friday, 06 September 24
REBOUND IN OIL DEMAND COULD LIFT MARKET IN LATTER HALF OF 2024 - BIMCO
Supply/demand
Based on a strong second half demand, the supply/balance is forecast to strengthen in 2024 but weaken slightly in 2025 as n ...
Friday, 06 September 24
GLOBAL SEABORNE LNG TRADE HAS CONTINUED TO INCREASE LAST YEAR - BANCHERO COSTA
Global seaborne LNG trade has continued to increase last year, helped also by the events in Ukraine which forced Europe to diversify away from Russ ...
Wednesday, 28 August 24
SEABORNE COAL IMPORTS INTO INDIA INCREASED BY +9.9% Y-O-Y TO 146.6 MLN T - BANCHERO COSTA
Global coal trade has really picked up pace over the past year, and is now fully back to pre-Covid levels said Banchero Costa Research in its lates ...
Tuesday, 06 August 24
EXERCISE CAUTION WITH AMMONIA SWITCH - BALTIC EXCHANGE
A new study from the Massachusetts Institute of Technology (MIT) has thrown a spanner into the plan to transition ships from diesel fuel to ammonia ...
Friday, 02 August 24
ENERGY MARKET DEVELOPMENTS: COAL AND NATURAL GAS PRICES REACH RECORD HIGHS - WORLD BANK
The recent surge in natural gas and coal prices has been so swift that the main benchmarks were roughly three times higher in 2022Q2 compared to a ...
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- Semirara Mining and Power Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Xindia Steels Limited - India
- Directorate Of Revenue Intelligence - India
- Dalmia Cement Bharat India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Rio Tinto Coal - Australia
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- Planning Commission, India
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- Indonesian Coal Mining Association
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- London Commodity Brokers - England
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- OPG Power Generation Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Simpson Spence & Young - Indonesia
- Economic Council, Georgia
- Ind-Barath Power Infra Limited - India
- Malabar Cements Ltd - India
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- Sarangani Energy Corporation, Philippines
- Power Finance Corporation Ltd., India
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- VISA Power Limited - India
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- Uttam Galva Steels Limited - India
- Central Electricity Authority - India
- Indian Energy Exchange, India
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- Indogreen Group - Indonesia
- IEA Clean Coal Centre - UK
- Rashtriya Ispat Nigam Limited - India
- India Bulls Power Limited - India
- Merrill Lynch Commodities Europe
- Ministry of Mines - Canada
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- Bangladesh Power Developement Board
- Heidelberg Cement - Germany
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- Billiton Holdings Pty Ltd - Australia
- Vizag Seaport Private Limited - India
- Meenaskhi Energy Private Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Sakthi Sugars Limited - India
- Petron Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- SN Aboitiz Power Inc, Philippines
- Siam City Cement - Thailand
- Port Waratah Coal Services - Australia
- PetroVietnam Power Coal Import and Supply Company
- Coastal Gujarat Power Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Deloitte Consulting - India
- Ceylon Electricity Board - Sri Lanka
- Karaikal Port Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- PowerSource Philippines DevCo
- AsiaOL BioFuels Corp., Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Asmin Koalindo Tuhup - Indonesia
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- Minerals Council of Australia
- Edison Trading Spa - Italy
- Global Coal Blending Company Limited - Australia
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- New Zealand Coal & Carbon
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- Larsen & Toubro Limited - India
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- CNBM International Corporation - China
- Lanco Infratech Ltd - India
- Ministry of Finance - Indonesia
- The Treasury - Australian Government
- White Energy Company Limited
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- Eastern Coal Council - USA
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- Parliament of New Zealand
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- Carbofer General Trading SA - India
- Ambuja Cements Ltd - India
- IHS Mccloskey Coal Group - USA
- Altura Mining Limited, Indonesia
- European Bulk Services B.V. - Netherlands
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- Wood Mackenzie - Singapore
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- Ministry of Transport, Egypt
- Indian Oil Corporation Limited
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- Australian Coal Association
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- The State Trading Corporation of India Ltd
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- GMR Energy Limited - India
- Wilmar Investment Holdings
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- Krishnapatnam Port Company Ltd. - India
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- Australian Commodity Traders Exchange
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- Manunggal Multi Energi - Indonesia
- Thai Mozambique Logistica
- Banpu Public Company Limited - Thailand
- Parry Sugars Refinery, India
- Tamil Nadu electricity Board
- Romanian Commodities Exchange
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- Energy Development Corp, Philippines
- Marubeni Corporation - India
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- TeaM Sual Corporation - Philippines
- Gujarat Electricity Regulatory Commission - India
- Indika Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Mercuria Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
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- PNOC Exploration Corporation - Philippines
- Attock Cement Pakistan Limited
- South Luzon Thermal Energy Corporation
- Global Business Power Corporation, Philippines
- Energy Link Ltd, New Zealand
- Grasim Industreis Ltd - India
- Electricity Generating Authority of Thailand
- Georgia Ports Authority, United States
- Pendopo Energi Batubara - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Intertek Mineral Services - Indonesia
- Globalindo Alam Lestari - Indonesia
- Agrawal Coal Company - India
- Cement Manufacturers Association - India
- Vedanta Resources Plc - India
- Medco Energi Mining Internasional
- Sical Logistics Limited - India
- Mintek Dendrill Indonesia
- Coalindo Energy - Indonesia
- Chamber of Mines of South Africa
- Posco Energy - South Korea
- Mercator Lines Limited - India
- Africa Commodities Group - South Africa
- Bulk Trading Sa - Switzerland
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Meralco Power Generation, Philippines
- Siam City Cement PLC, Thailand
- Goldman Sachs - Singapore
- Miang Besar Coal Terminal - Indonesia
- Global Green Power PLC Corporation, Philippines
- SMC Global Power, Philippines
- Bayan Resources Tbk. - Indonesia
- Commonwealth Bank - Australia
- Kobexindo Tractors - Indoneisa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Formosa Plastics Group - Taiwan
- Electricity Authority, New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Coal and Oil Company - UAE
- PTC India Limited - India
- Latin American Coal - Colombia
- GN Power Mariveles Coal Plant, Philippines
- Borneo Indobara - Indonesia
- GVK Power & Infra Limited - India
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- Bharathi Cement Corporation - India
- Pipit Mutiara Jaya. PT, Indonesia
- ICICI Bank Limited - India
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- GAC Shipping (India) Pvt Ltd
- Sindya Power Generating Company Private Ltd
- International Coal Ventures Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Metalloyd Limited - United Kingdom
- Directorate General of MIneral and Coal - Indonesia
- Gujarat Sidhee Cement - India
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