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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 official said, driven mainly by higher production from mines owned by private companies.
State-run Coal India is expected to boost production to 850 million tons from an estimated 780 million tons in 2023/24, but its share in overall output is expected to drop to 75% from 80% in 2022/23.
If output meets expectations, it will mark the third straight year of India’s coal output rising by more than 10%.
Prime Minister Narendra Modi’s government has cited energy security concerns amid surging power demand and low per-capita emissions to defend India’s high dependence on coal. Power generation in 2023 increased by 11.3%, the fastest pace in at least five years.
The world’s second largest user of coal has also been boosting imports of thermal coal, which increased 9.4% to 176.3 million tons in the year ended December 2023, according to consultancy Coalmint.
Coal-fired energy output surged 14.7% in 2023, outpacing renewable output growth for the first time since at least 2019.
Captive mines – which mine coal for their own use – are seen boosting production to 175 million tons in 2024/25, 30 million tons more than estimated in 2023/24, the official said. Output from mines recently auctioned to private companies are expected to boost output by over 40% to 20 million tons in 2024/25.
Smaller miner Singreni Collieries is expected to produce 72 million tons in 2024/25, compared with an estimated 70 million tons in 2023/24. NLC India is expected to produce 17.8 million tons in 2024/25, compared with 14.44 million tons this fiscal year.
India has contributed most to the rise in Asia’s coal-fired power output, with an increase in generation outpacing other coal-dependent major economies such as Indonesia, Philippines and Vietnam.
Source: Reuters
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Friday, 23 February 24
STRONG OUTLOOK FOR THE TANKER MARKET IN 2024 AND BEYOND - DNV
Several factors have aligned over the past two years to create a robust and profitable market for tanker owners, which is expected to drive newbuil ...
Friday, 23 February 24
AUSTRALIAN COAL FLOWS TO ASIA HOVER ABOVE LAST YEAR’S VOLUME TONNES - SIGNAL GROUP
In the final days of February, the dry bulk freight market appeared to maintain a relatively stable momentum, particularly evident in the large ves ...
Friday, 23 February 24
RUSSIAN COAL SHIPMENTS FALL 14% AS SANCTIONS BITE - BIMCO
During the first seven weeks of 2024, Russian coal shipments have fallen 14% y/y. Volumes have gradually declined since October 2023 when logistica ...
Thursday, 22 February 24
BIMCO PUBLISHES SHIP FINANCING FORMS TO ENSURE UNINTERRUPTED USE OF SHIPS
BIMCO has published two standard Quiet Enjoyment Letters (QELs), the first standard form QELs available to the industry, to offer a tool that can e ...
Monday, 19 February 24
METALS INVESTMENT: THE DARKEST HOUR IS JUST BEFORE THE DAWN - WOOD MACKENZIE
Things often seem at their worst just before they get better. In terms of meeting our net zero 2050 scenario, we’ve reached a watershed momen ...
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Showing 31 to 35 news of total 6871 |
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- CNBM International Corporation - China
- Directorate General of MIneral and Coal - Indonesia
- Merrill Lynch Commodities Europe
- GMR Energy Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Trasteel International SA, Italy
- Holcim Trading Pte Ltd - Singapore
- Wood Mackenzie - Singapore
- Parliament of New Zealand
- Posco Energy - South Korea
- Bahari Cakrawala Sebuku - Indonesia
- Samtan Co., Ltd - South Korea
- Chamber of Mines of South Africa
- Tata Chemicals Ltd - India
- San Jose City I Power Corp, Philippines
- ASAPP Information Group - India
- Renaissance Capital - South Africa
- Rashtriya Ispat Nigam Limited - India
- Thiess Contractors Indonesia
- GAC Shipping (India) Pvt Ltd
- Mintek Dendrill Indonesia
- Mercuria Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- International Coal Ventures Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bhushan Steel Limited - India
- Iligan Light & Power Inc, Philippines
- Port Waratah Coal Services - Australia
- Commonwealth Bank - Australia
- Kideco Jaya Agung - Indonesia
- Cement Manufacturers Association - India
- Dalmia Cement Bharat India
- Timah Investasi Mineral - Indoneisa
- Gujarat Mineral Development Corp Ltd - India
- Heidelberg Cement - Germany
- Coalindo Energy - Indonesia
- Therma Luzon, Inc, Philippines
- Planning Commission, India
- Bharathi Cement Corporation - India
- Oldendorff Carriers - Singapore
- Vizag Seaport Private Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Vedanta Resources Plc - India
- European Bulk Services B.V. - Netherlands
- Eastern Energy - Thailand
- Ceylon Electricity Board - Sri Lanka
- Borneo Indobara - Indonesia
- LBH Netherlands Bv - Netherlands
- VISA Power Limited - India
- Meenaskhi Energy Private Limited - India
- Romanian Commodities Exchange
- Bangladesh Power Developement Board
- Kumho Petrochemical, South Korea
- The Treasury - Australian Government
- Sarangani Energy Corporation, Philippines
- Larsen & Toubro Limited - India
- Australian Commodity Traders Exchange
- Metalloyd Limited - United Kingdom
- Madhucon Powers Ltd - India
- Edison Trading Spa - Italy
- Gujarat Electricity Regulatory Commission - India
- Asmin Koalindo Tuhup - Indonesia
- Semirara Mining Corp, Philippines
- Bulk Trading Sa - Switzerland
- Leighton Contractors Pty Ltd - Australia
- Directorate Of Revenue Intelligence - India
- Pendopo Energi Batubara - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Wilmar Investment Holdings
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Energy Development Corp, Philippines
- SN Aboitiz Power Inc, Philippines
- McConnell Dowell - Australia
- Sical Logistics Limited - India
- Ind-Barath Power Infra Limited - India
- Binh Thuan Hamico - Vietnam
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Makarim & Taira - Indonesia
- Jindal Steel & Power Ltd - India
- Maheswari Brothers Coal Limited - India
- Salva Resources Pvt Ltd - India
- MS Steel International - UAE
- PNOC Exploration Corporation - Philippines
- PTC India Limited - India
- Sakthi Sugars Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Jaiprakash Power Ventures ltd
- Petron Corporation, Philippines
- IEA Clean Coal Centre - UK
- Marubeni Corporation - India
- Simpson Spence & Young - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Attock Cement Pakistan Limited
- Banpu Public Company Limited - Thailand
- Kartika Selabumi Mining - Indonesia
- Kaltim Prima Coal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Carbofer General Trading SA - India
- Mjunction Services Limited - India
- Aboitiz Power Corporation - Philippines
- Power Finance Corporation Ltd., India
- Coal and Oil Company - UAE
- Petrochimia International Co. Ltd.- Taiwan
- Bhatia International Limited - India
- Orica Australia Pty. Ltd.
- Ambuja Cements Ltd - India
- Indonesian Coal Mining Association
- Vijayanagar Sugar Pvt Ltd - India
- Central Java Power - Indonesia
- New Zealand Coal & Carbon
- Savvy Resources Ltd - HongKong
- Xindia Steels Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Straits Asia Resources Limited - Singapore
- Singapore Mercantile Exchange
- Parry Sugars Refinery, India
- Economic Council, Georgia
- Bukit Asam (Persero) Tbk - Indonesia
- Medco Energi Mining Internasional
- Deloitte Consulting - India
- Toyota Tsusho Corporation, Japan
- Goldman Sachs - Singapore
- Kobexindo Tractors - Indoneisa
- Mercator Lines Limited - India
- PowerSource Philippines DevCo
- Price Waterhouse Coopers - Russia
- Star Paper Mills Limited - India
- Agrawal Coal Company - India
- Intertek Mineral Services - Indonesia
- Independent Power Producers Association of India
- Chettinad Cement Corporation Ltd - India
- Central Electricity Authority - India
- IHS Mccloskey Coal Group - USA
- OPG Power Generation Pvt Ltd - India
- Indian Oil Corporation Limited
- Global Business Power Corporation, Philippines
- Ministry of Transport, Egypt
- Rio Tinto Coal - Australia
- TeaM Sual Corporation - Philippines
- Meralco Power Generation, Philippines
- Bukit Makmur.PT - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Miang Besar Coal Terminal - Indonesia
- Uttam Galva Steels Limited - India
- Global Coal Blending Company Limited - Australia
- Kapuas Tunggal Persada - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Lanco Infratech Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Bayan Resources Tbk. - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Tamil Nadu electricity Board
- Energy Link Ltd, New Zealand
- Kepco SPC Power Corporation, Philippines
- Malabar Cements Ltd - India
- Coastal Gujarat Power Limited - India
- Thai Mozambique Logistica
- Indika Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Krishnapatnam Port Company Ltd. - India
- Globalindo Alam Lestari - Indonesia
- Sindya Power Generating Company Private Ltd
- Sojitz Corporation - Japan
- PetroVietnam Power Coal Import and Supply Company
- CIMB Investment Bank - Malaysia
- Electricity Authority, New Zealand
- Standard Chartered Bank - UAE
- Alfred C Toepfer International GmbH - Germany
- The University of Queensland
- Siam City Cement - Thailand
- Indo Tambangraya Megah - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Africa Commodities Group - South Africa
- Georgia Ports Authority, United States
- Aditya Birla Group - India
- Ministry of Mines - Canada
- SMC Global Power, Philippines
- Riau Bara Harum - Indonesia
- London Commodity Brokers - England
- The State Trading Corporation of India Ltd
- ICICI Bank Limited - India
- Orica Mining Services - Indonesia
- Indian Energy Exchange, India
- Semirara Mining and Power Corporation, Philippines
- Indogreen Group - Indonesia
- Anglo American - United Kingdom
- Electricity Generating Authority of Thailand
- AsiaOL BioFuels Corp., Philippines
- White Energy Company Limited
- Karbindo Abesyapradhi - Indoneisa
- Interocean Group of Companies - India
- Ministry of Finance - Indonesia
- Gujarat Sidhee Cement - India
- Siam City Cement PLC, Thailand
- Essar Steel Hazira Ltd - India
- Australian Coal Association
- Eastern Coal Council - USA
- Bhoruka Overseas - Indonesia
- South Luzon Thermal Energy Corporation
- Videocon Industries ltd - India
- GVK Power & Infra Limited - India
- India Bulls Power Limited - India
- Grasim Industreis Ltd - India
- Latin American Coal - Colombia
- Karaikal Port Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Bukit Baiduri Energy - Indonesia
- Minerals Council of Australia
- Antam Resourcindo - Indonesia
- Global Green Power PLC Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Barasentosa Lestari - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Formosa Plastics Group - Taiwan
- SMG Consultants - Indonesia
- Baramulti Group, Indonesia
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