The Adaro Blog

India's coal output up 10% to 156 MT during Apr-Nov
December 10, 2018, 6:42 pm
New Delhi: India's coal import rose 9.7 per cent to 156.08 million tonnes (MT) in the April-November period of the ongoing fiscal, as against 142.25 MT in the corresponding months a year ago, according to mjunction services Ltd, a joint venture between Tata Steel and SAIL. Coal imports in...
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Coal India touches 52-week low after promoter sells 2.2% stake in co
December 7, 2018, 7:18 pm
Shares of Coal India touched 52-week low of Rs 237.60, down 1.2 percent intraday Friday after promoter sold its stake in the company. The President of India, acting through the Ministry of Coal, Government of India, (Promoter) has sold 13,73,11,943 (2.21 percent) equity shares of Coal India to...
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Trump promised to rescue the coal industry. But he can't
December 5, 2018, 6:31 pm
New York (CNN Business)The Trump administration attempted a daring rescue of the coal country, but the pro-coal agenda is failing to jump-start a renaissance — and analysts don't see one on the horizon. Despite trying for nearly two years to prop up coal by rolling back climate...
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Coal Power Plants Lose Their Cost Advantage Over Clean Energy
December 3, 2018, 6:59 pm
When it started becoming as cheap, and then cheaper, to build wind or solar farms than fossil fuel power, the renewable energy plants still faced the barrier of being in competition with coal plants that had already been built. Invariably, these were cheaper. Not any more – in 2018, more...
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More than 40 percent of world coal plants are unprofitable: report
November 30, 2018, 7:05 pm
LONDON (Reuters) - More than 40 percent of the world’s coal plants are operating at a loss due to high fuel costs and that proportion could to rise to nearly 75 percent by 2040, a report by environmental think-tank Carbon Tracker showed on Friday. Institutional investors are increasingly...
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Coal Is the Junk Food of Global Energy
November 29, 2018, 6:48 pm
Coal is an anachronism that also happens to be the single largest source of electricity on the planet. Some of its resilience reflects pure politics (“beautiful clean coal”). But there’s another aspect more akin to that guilty pleasure that floods through you when you devour a...
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Indonesia may study commercial aspect of coal gasification: Ministry
November 23, 2018, 8:26 pm
The government is interested in studying the economic aspects of the downstream coal business, including the gasification of solid fossil fuel. Energy and Mineral Resources Ministry mineral and coal director general Bambang Gatot Ariyono said before boosting investment in coal derivatives, a...
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Association calls for revision of DMO scheme for coal
November 22, 2018, 8:29 pm
The Indonesian Coal Mining Association (APBI) has called on the government to revise the domestic market obligation (DMO) scheme for coal, which requires a coal mining company to sell 25 percent of its production to the domestic market at a fixed price of US$70 per ton. APBI chairman Pandu P....
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China-backed coal projects prompt climate change fears
November 22, 2018, 7:23 pm
As levels of greenhouse gases reach a new record, concerns are growing about the role of China in global warming. For years, the increase in the number of Chinese coal-fired power stations has been criticised. Now environmental groups say China is also backing dozens of coal projects far...
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Coal to remain king in Indonesia, for now
November 22, 2018, 7:19 pm
Indonesia's consumption of domestic coal for power generation will almost double from 84 million t in 2018 to 157 million t by 2027. This increases power generation's share of domestic consumption from 18.5% to 33.6%, which is likely to displace export tonnage. Another factor...
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