Coal Insights Magazine - January 2024
Coal Insights Magazine - January 2024
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In this issue
Lighting up 2024
The road ahead for global coal sector.
Also read:
• DFCC sees 95% completion of freight corridor by March
• India among 10 nations tripling RE capacity by 2030: IRENA
• Whitehaven offers stake in Blackwater mine to steelmakers
• Coal India’s power projects get CCEA approval
• Steel Min studying 13 green steel task force recommendations
Read Coal Insights, January 2024 issue and get a complete insight into the Indian coal value chain...!
SCCL's coal production up 64% in Q1
Coal production by SCCL during Q1 FY22 stood at 15.57mt, 64% higher than 9.50 mt achieved in Q1 FY21.
2 mins
The UK to end thermal coal use in October 2024
The deadline to phase out coal from Great Britain’s energy system has been brought forward by a year as part of the UK government’s decision to go further in driving down emissions and tackling climate change.
8 mins
Coal handled by major ports up 38.5% in Q1
The 12 major Indian ports handled 39.37 million tons (mt) of coal (thermal + coking) during April- June of FY22, up by 38.5 percent from 28.42 mt recorded in the corresponding quarter of FY21, according to data released by the Indian Ports Association (IPA).
1 min
Cement sector sees demand revival
Retail demand was under pressure during the first two months of FY22 with April and May production falling by 12 percent and 17 percent respectively month-on-month (m-o-m) as per Index of Industrial Production data.
3 mins
Indian Railways' coal handling up 42% in Q1
Indian Railways in April-June of FY22 transported 157.78 million tons (mt) of coal, up by 42.4 percent from 110.80 mt handled in corresponding quarter of FY21.
1 min
CIL's coal production up 2.4% in Q1
Coal India’s (CIL) coal production during April-June quarter (Q1) of FY22 was up by 2.4 percent to 124 million tons (mt) as compared to 121 mt achieved during the same quarter last fiscal (FY21), according to (provisional) data released by the company.
1 min
India's May coal imports up 20% y-o-y
Coal and coke imports in May 2021 were up 20.44 percent year-on-year (y-o-y), according to import data available with Coal Insights. Imports rose to 19.92 million tons (mt) from 16.54 mt during May of previous year.
1 min
There is still a long way to go to squeeze coal out: BP
There are worrying signs that last year’s Covid-induced dip in carbon emissions will be short lived as the world economy recovers and lockdowns are lifted, says Bernard Looney Chief Executive Officer of BP in the recently published Statistical Review of World Energy 2021 published by the company.
4 mins
“Growing Infrastrcuture is a big opportunity for OTR Tires in India”
India is now considered to be the largest market for Off-the-Road Tires (OTR) used in construction & mining industry. The opening up of the coal sector has provided further push to the potential usage of such tires. And Balkrishna Industries Ltd, a global player with diversified portfolio under the BKT brand across agriculture, industrial, construction, earthmoving, mining and port is set to seize the opportunity. Rajiv Poddar, Joint Managing Director, Balkrishna Industries Ltd., tells Arindam Bandyopadhyay of Coal Insights about the opportunities and outlook for the sector and the company.
6 mins
SCCL's coal production up 69% in May
After putting up a dismal performance last year, Singareni Collieries Company Ltd (SCCL) has started the new fiscal on a high note. Coal production by SCCL in May 2021 surged to 5.44 million tons (mt), about 68.56 percent higher than 3.23 mt achieved in the same month last year, according to (provisional) data released by the company.
1 min
Traffic handled by major ports up 31% till May
12 major Indian ports handled 122 mt of total traffic during April-May 2021, up 31% over April-May 2020, according to IPA data.
1 min
Replacing coal with RE promises EU energy independence: Report
A recent modeling by the clean energy technology provider Wartsila has revealed that major system-wide benefits are in reach for European power producers that rapidly replace coal with renewable generation and flexibility - from avoiding fuel and carbon costs to new clean power export opportunities.
5 mins
Indian Railways' coal handling up 50% till May
Indian Railways in April-May 2021 transported 107.47 million tons (mt) of coal, 50 percent more than 71.55 mt handled in April-May 2020.
1 min
Power demand recovery to drive Global Coal & Mining's washery utilisation
Global Coal & Mining Pvt Ltd’s (GCMPL) coal beneficiation volumes are likely to gradually ramp up following recovery in India’s power demand, leading to increased demand for washed coal, India Ratings has said.
2 mins
NTPC doubles up on renewable target
Plans 60 GW capacity by 2032
4 mins
New South Wales sees end of thermal power by 2040
“The way we generate energy is set to change as the State’s coal generators progressively reach the end of their useful lives and are replaced with new generation and storage infrastructure.”
3 mins
Commercial coal block auction second tranche to take place in August
According to Vinod Kumar Tiwari, additional secretary, Ministry of Coal, with demand for coal as well as its prices continuing to rise, it is the best time to invest in the coal sector till environmental concerns catch up.
4 mins
Coal in Net Zero era
Year 2020, despite all its nightmarish devastations, provided a vision of a future where there would be much less emission.
10+ mins
CIL's coal production up 1.7% in May
In line with the production growth seen in April, Coal India’s (CIL) coal production in May 2021 was up by 1.7 percent to 42.1 million tons (mt) as compared to 41.4 mt achieved in May 2020, according to (provisional) data released by the company.
2 mins
India power sector should prepare for climate transition risks
Domestic thermal power sector should prepare itself for the impact of the country’s climate transition scenario of 450GW of renewable energy capacity by 2030, a new report by IEEFA has said.
4 mins
Power capacity addition at 5,436 MW in FY21
Power generation capacity addition in FY21 stood at 5,436.15 megawatts (MW), according to data released by the Central Electricity Authority (CEA), a drop of 23 percent from 7,065 MW achieved in FY20.
2 mins
Traffic handled by major ports up 30% in April
The 12 major Indian ports together handled 30% more traffic at 62 mt in April 2021 over 48 mt recorded for the corresponding month of previous year, according to IPA data.
1 min
Indian Railways' coal handling up 52% in April
Railways in April 2021 transported 52% more coal at 52.52 mt against 34.56 mt handled in April 2020. Revenue from coal almost doubled to ₹5,448.94 crore in April.
1 min
Geo-referencing introduced for detecting, stopping illegal mining
Coal mining in certain areas has been getting a lot of criticism for illegal activities related to coal mining operations.
4 mins
SCCL's coal production up 62% in April
After witnessing a subdued performance last year, Singareni Collieries Company Ltd (SCCL) has staged a rebound in coal production growth at the beginning of the new fiscal. Coal production by SCCL in April 2021 stood at 4.86 million tons (mt), about 61.9 percent higher than 3 mt achieved in April 2020, according to (provisional) data released by the company.
1 min
Energy sector rises up to Covid challenge
Country’s energy sector including coal has overwhelmingly acted upon the clarion call to provide life-saving medical oxygen supplies along with setting up hospital care facilities on an urgent basis to mitigate the second wave of the Covid pandemic.
8 mins
Coking coal: Prospects in a tumultuous year
A deep dive into factors any play at global and local levels.
10+ mins
Coal India eyeing 10 mtpa surface gasification projects
Coal India is developing six surface coal gasification projects with an aggregate production capacity of 10 million ton per annum (mtpa).
4 mins
CIL's coal production up 4% in April
After suffering a negative production growth last year, Coal India Ltd (CIL) has started the new fiscal on a positive note.
3 mins
Indian Railways' coal handling down 7.6% in FY21
Railways during FY21 transported 542 mt of coal, down by 7.6% from 587 mt handled during FY20. Revenue from coal were down by 20% to ₹50,596.25 crore during FY21.
1 min
Coal Insights Magazine Description:
Publisher: mjunction services ltd
Category: Business
Language: English
Frequency: Monthly
Coal Insights is India's premier and widely read monthly magazine on coal & mining industry published by mjunction services ltd (A JV of Tata Steel and SAIL).It caters to the entire coal supply chain from mining to consumption. It tracks the coal market with special focus on India, & covers production & consumption reports, as well as dispatch and stocks at power plants.It covers a variety of topics including demand, supply, e-marketing, mining technology, imports, pricing and policy matters, logistics, infrastructure and clean coal initiative. It also covers the interviews of the decision makers of coal industry on a regular basis.
Also includes daily news headlines & daily newsletter on coal industry.
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