Showing posts with label proven coal reserve. Show all posts
Showing posts with label proven coal reserve. Show all posts

Monday, June 24, 2013

Coal related report


According to TERI(the energy research institute)
·       Coal accounts for > 50% in India’s energy mix
·       Delay in clearances and tightening of environmental norms create problem for coal sector
·       Import of coal scenario: 83 million tonnes(current fiscal), 142 million tonnes(next fiscal)
·       Amidst tight global supplies and price rise, the ability to import large quantities could be restricted
·       India has followed the ISP(Indian Standard Procedure Code) to assess coal inventory
·       ISP code is based on the geological evaluation of resources without assessing the quality, mineability or extractability of deposits
·       Total coal inventory: 276.81 billion tonnes
·       Proven coal inventory: 0.4 * 276.81= 110 billion tonnes
·       Extractable : 55 billion tonnes
·       At the current rate of production 550 million tonnes per annum, coal reserve will last for around 100 years
·       Considering increasing rate of production, coal might last within next 50 years.


CIL status:
·       Total inventory : 65 billion tonnes
·       Feasibility studies for : 30.4 billion tonnes
·       Extractable reserve : 21.8 billion tonnes

Ø  Tighter environmental regulations forced the world’s largest coal producer to revise downward its output target twice during the fiscal
Ø  TERI suggests UNFC(the United Nations Framework Classification)
UNFC’s method includes several parameters which are (among others):
·       Geological parameters
·       Economic and commercial viability
·       Field project status
·       Feasibility in arriving at the inventory
Ø  Government decided to apply UNFC in 2001, not yet applied
Ø  One of the reasons for not applying UNFC is time consuming process of UNFC’s methods
Chemical properties of coal are :
·       Ash
·       Moisture
·       Volatile matters
Physical parameters are:
·       Caking index
·       Coke type
·       Swelling index
Reserves :
·       Coking coal: 33.7 billion tonnes
·       Non coking coal: 258 billion tonnes
·       Tertiary coal : 1.5 billion tonnes

Ø  In NCV(net calorific value),  the heat contained in water is not recovered
Ø  In GCV(gross calorific value), the heat contained in water is recovered
Ø  Under the new norm, to be made effective from April, BCCL would be charging 20% less than the landed cost of imported coal of equivalent gross calorific value, against 30% earlier.
Ø  SAIL imports close to 80% of its total coking coal requirement of about 14 million tonnes  
Ø  The price increase by Coal India will apply to only around 3 million tonnes