Coal Insights - January 2020

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“CIL confident of retaining leadership position”
A K Jha, chairman cum managing director, Coal India talks about potential competition from private sector and the organisation’s unique place in the economy.

Also read:
• Opening of coal mining to commercial actors is a promising development: IEA
• Energy demand shows signs of recovery
• Coal production growth seen 1-2% in FY20: Care Ratings
• Aussie bush fire hurts coal output

Plus regular features, corporate, logistics, international news & price analyses.

'CIL confident of retaining leadership position'

Notwithstanding the renewables blitzkrieg and compulsive green campaigns, coal’s prospect remains bright and secure in India’s growing energy matrix. Likewise, Coal India Ltd being the largest producer of the dry fuel also finds little threat from the potential competition from the private players in the coal vertical. Instead, the near-monopoly state-owned PSU feels that the emergence of other players will help achieve the common goal of reducing imports, says Anil Kumar Jha, chairman-cum-managing director, CIL, in an exclusive interview to Arindam Bandyopadhyay. He also lays stress on the uniqueness of CIL saying the organisation has made contributions to the economy that go beyond the numbers. Excerpts:

8 mins

'Opening of coal mining to commercial actors is a promising development': IEA

CIL and the MoC have sponsored several R&D programmes and currently most of the equipment available for washing coal in India is suitable. Despite the improvement, an effort to build further washing capacity and develop washing technology specific for Indian coal would pay off, considering the specific characteristics of Indian coal and the prospects for long-term utilisation of coal in India.

10+ mins

India's November coal imports up 21% y-o-y

Coal and coke imports during November 2019 through major and nonmajor ports are estimated to be up by 21.02 percent compared to November 2018, according to a compilation by Coal Insights, based on monitoring of vessels’ positions and data received from shipping companies and various sources.

1 min

Energy demand shows early signs of recovery

Thermal energy demand, after declining for five consecutive months, has shown some early signs of recovery as the decline in December of just 0.5 percent on year was much lower than what was seen in that in October (12.9 percent) and November (4.3 percent).

3 mins

SCCL's coal output down 5.4% y-o-y in December

Coal production by Singareni Collieries Company Ltd (SCCL) declined by 5.41 percent to 5.71 million tons (mt) in December 2019, compared to 6.04 mt reported for the same month last year, according to (provisional) data released by the company.

2 mins

Coal production growth seen 1-2% in FY20: Care Ratings

Domestic coal production growth is likely to be around 1-2 percent in FY20, Care Ratings has said in a report.

3 mins

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Coal Insights Magazine Description:

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.