>>Garibaldi Thohir, the head of PT Adaro Energy—the second largest coal mining company in Indonesia—expects the coal prices in Indonesia to remain more or less stable in 2018, with strong demand to prevail in the South East Asian region.
Coal production in the top Thermal Coal exporting country is expected to increase by 5% to around 440 MnT in 2018. Coal consumption is estimated to reach 101 MnT this year in Indonesia.
>> To address the concerns of coal shortage at its power plants, NTPC Limited, plans to step up its own captive coal production. In order to achieve its objective, the state-owned power major wants to have at least five of its 10 captive coal blocks ready by the next fiscal.
The power major has been allotted with the following coal blocks: Pakri-Barwadih, Chatti-Bariatu, Kerandari, Dulanga, Talaipalli, Banai, Bhalumuda and Mandakini-B. Additionally, the Kudanali-Luburi coal block was allocated jointly to NTPC and the state of Jammu and Kashmir with the power company being allotted with the two-third of the supply. Furthermore, the Barhandih coal block is being allotted to NTPC and one of its joint-venture entities.
These 10 coal blocks cumulatively bear an estimated geological coal reserve of 7.3 BnT, and can produce upto 107 MnTPA.
>>The Coal Ministry of the Government of India had refuted the recent claim of NALCO that coal shortage was hampering its aluminum production. In its clarification, the ministry said that the company is provided with a supply of 4.7 MnTPA of coal, which is more than the committed quantity.
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