COALspot.com keeps you connected across the coal world
  • MAY 2020 INDONESIAN COAL PRICE REFERENCE FOR EXPORTS AND DOMESTIC BUYERS INCLUDING POWER PRODUCERS FIXED AT US$ 61.11 A TON

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


WTI Crude Oil

BRENT Crude Oil

Search News
Latest CoalNews Headlines
Tuesday, 03 October 17
VIETNAM'S COAL-FIRED THERMAL POWER DEPENDENT ON CHINA - VIETNAMNET BRIDGE
Coal ExcavatorA report from the Green Innovation and Development Centre (GreenID) showed that, as of the end of last year, of 27 coal-fired thermopower plants, 14 had been built by Chinese EPC contractors.

The capital for the plants, about $8 billion, or 50 percent of total foreign capital flowing into coal-fired thermal power, is from China.

Also according to GreenID, 11 large-scale projects capitalized at billions of dollars and implemented under the BOT mode are Chinese invested. These include the $1.755 billion Vinh Tan 1 plant in Binh Thuan province invested by two Chinese enterprises which hold 95 percent of capital. The capital for the project, $1.4 billion, is provided by five Chinese banks.

The Hai Duong plant was initially registered by Jaks Resources Bhd from Malaysia, but it later transferred a 50 percent stake to Chinese CPECC Group.

Duyen Hai 2, 1,200 MW, is capitalized at $2.2 billion and invested by Malaysian JanaKuasa. Huadian Engineering from China is the EPC contractor.

The Chinese are also the investors of many other projects, though they don’t hold a controlling stake in other projects. Mong Duong 2 plant in Quang Ninh province, $2.1 billion, 1,240 MW, for example, has three investors, the US-based AES Group which holds a 51 percent stake and Posco Energy from South Korea which holds 30 percent and CIC from China 19 percent.

Experts also pointed out that Vietnam’s thermal power plants have become more dependent on coal imports. Under the seventh power development master plan, Vietnam would have to import 50 million tons of coal by 2020 and 80 million tons by 2030. The plants about to be built including Vung Ang, Vinh Tan and Duyen Hai would have to run with imported coal as domestic coal is unsuitable.

According to GDC, Vietnam imported 4.6 million tons of coal in the first four months of the year, mostly from Indonesia and Australia, worth $500 million. Experts estimated that Vietnam would need 130-150 tons of coal to generate electricity by 2030, while domestic sources can satisfy 30-40 percent of the demand.

Vietnam is dependent on both investors and input materials when developing coal-fired thermal power plants, which experts consider a high risk for national energy security.

Vu Dinh Anh, a renowned economist, warned that coal-fired BOT projects may turn into the landing field for outdated Chinese technology.

Meanwhile, Le Dang Doanh, also a respected economist, pointed out that the power demand in Vietnam has been increasing rapidly because it has been developing the electricity consuming industries such as cement and steel.
Source: Vietnamnet Bridge


If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Wednesday, 03 June 20
MARKET INSIGHT - INTERMODAL
Once again shipping is about to venture into uncharted waters and before the challenges of the past decade are forgotten, shipowners will have to o ...


Tuesday, 02 June 20
KOSPO LOOKING FOR 80000 MT OF 4200 NCV COAL FOR JULY
COALspot.com: Korea Southern Power Co., Ltd. (KOSPO) has issued an International tender for 80,000 Metric Tons (MT) 4200 NCV coal for 12 - 21, July ...


Tuesday, 02 June 20
INDONESIAN COAL MINER BUMI RESOURCES Q1 OUTPUT UP 5% - REUTERS
Indonesia’s largest coal miner Bumi Resources posted a 5% increase in first-quarter output at 20.8 million tonnes, the company said in a stat ...


Tuesday, 02 June 20
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX DOWN 0.86 PCT - XINHUA
China Taiyuan coal transaction price index stood at 123.95 points Monday, down 0.86 percent week on week.   The index, released by Chi ...


Tuesday, 02 June 20
THE HISTORIC DECLINE OF US COAL - WOOD MACKENZIE
The first commercial power plant in the US was Thomas Edison’s coal-fired Pearl Street station in lower Manhattan, which started operating in ...


   1 2 3 4 5   
Showing 1 to 5 news of total 5937
News by Category
Popular News
 
Total Members : 26,914
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • TeaM Sual Corporation - Philippines
  • Orica Australia Pty. Ltd.
  • UBS Singapore
  • JPMorgan - India
  • Indika Energy - Indonesia
  • Bank of America
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Sindya Power Generating Company Private Ltd
  • Kartika Selabumi Mining - Indonesia
  • Alfred C Toepfer International GmbH - Germany
  • DBS Bank - Singapore
  • globalCOAL - UK
  • Siam City Cement PLC, Thailand
  • Glencore India Pvt. Ltd
  • Inspectorate - India
  • The State Trading Corporation of India Ltd
  • MS Steel International - UAE
  • The India Cements Ltd
  • Fearnleys - India
  • Thermax Limited - India
  • Mjunction Services Limited - India
  • Thriveni
  • Asia Cement - Taiwan
  • Ambuja Cements Ltd - India
  • KPCL - India
  • Sakthi Sugars Limited - India
  • Clarksons - UK
  • New Zealand Coal & Carbon
  • Arutmin Indonesia
  • Binh Thuan Hamico - Vietnam
  • Mitsui
  • Directorate Of Revenue Intelligence - India
  • Carbofer General Trading SA - India
  • RBS Sempra - UK
  • SRK Consulting
  • BNP Paribas - Singapore
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Russian Coal LLC
  • Karaikal Port Pvt Ltd - India
  • Tata Chemicals Ltd - India
  • KEPCO - South Korea
  • Runge Indonesia
  • Barclays Capital - USA
  • Makarim & Taira - Indonesia
  • Bangladesh Power Developement Board
  • ETA - Dubai
  • Kobexindo Tractors - Indoneisa
  • Electricity Generating Authority of Thailand
  • Thai Mozambique Logistica
  • bp singapore
  • Chamber of Mines of South Africa
  • Krishnapatnam Port Company Ltd. - India
  • Inco-Indonesia
  • Energy Development Corp, Philippines
  • MEC Coal - Indonesia
  • Core Mineral Indonesia
  • White Energy Company Limited
  • Parry Sugars Refinery, India
  • IHS Mccloskey Coal Group - USA
  • Chettinad Cement Corporation Ltd - India
  • Maharashtra Electricity Regulatory Commission - India
  • PTC India Limited - India
  • Miang Besar Coal Terminal - Indonesia
  • Reliance Power - India
  • Bayan Resources Tbk. - Indonesia
  • Petrosea - Indonesia
  • Rashtriya Ispat Nigam Limited - India
  • Interocean Group of Companies - India
  • Noble Europe Ltd - UK
  • PLN Batubara - Indonesia
  • Platts
  • Leighton Contractors Pty Ltd - Australia
  • The University of Queensland
  • Wilmar Investment Holdings
  • Essar Steel Hazira Ltd - India
  • SMC Global Power, Philippines
  • Riau Bara Harum - Indonesia
  • Rudhra Energy - India
  • Thiess Contractors Indonesia
  • Australian Coal Association
  • London Commodity Brokers - England
  • Attock Cement Pakistan Limited
  • Toyota Tsusho Corporation, Japan
  • Shree Cement - India
  • Adaro Indonesia
  • Neyveli Lignite Corporation Ltd, - India
  • WorleyParsons
  • Goldman Sachs - Singapore
  • IOL Indonesia
  • Banpu Public Company Limited - Thailand
  • Formosa Plastics Group - Taiwan
  • LBH Netherlands Bv - Netherlands
  • Shenhua Group - China
  • Romanian Commodities Exchange
  • Deutsche Bank - India
  • Australian Commodity Traders Exchange
  • Merrill Lynch Bank
  • Gujarat Mineral Development Corp Ltd - India
  • Tamil Nadu electricity Board
  • KPMG - USA
  • Indian Oil Corporation Limited
  • J M Baxi & Co - India
  • The Treasury - Australian Government
  • PetroVietnam
  • Cement Manufacturers Association - India
  • Commonwealth Bank - Australia
  • South Luzon Thermal Energy Corporation
  • Qatrana Cement - Jordan
  • Asmin Koalindo Tuhup - Indonesia
  • Videocon Industries ltd - India
  • JPower - Japan
  • Ceylon Electricity Board - Sri Lanka
  • BRS Brokers - Singapore
  • PLN - Indonesia
  • Globalindo Alam Lestari - Indonesia
  • Xindia Steels Limited - India
  • Holcim Trading Pte Ltd - Singapore
  • Therma Luzon, Inc, Philippines
  • Jindal Steel & Power Ltd - India
  • Trasteel International SA, Italy
  • Kaltim Prima Coal - Indonesia
  • Malco - India
  • Samsung - South Korea
  • Peabody Energy - USA
  • India Bulls Power Limited - India
  • Kideco Jaya Agung - Indonesia
  • Bukit Asam (Persero) Tbk - Indonesia
  • GVK Power & Infra Limited - India
  • IMC Shipping - Singapore
  • Surastha Cement
  • Jatenergy - Australia
  • Bank of China, Malaysia
  • Renaissance Capital - South Africa
  • Meenaskhi Energy Private Limited - India
  • KOWEPO - South Korea
  • Semirara Mining Corp, Philippines
  • Britmindo - Indonesia
  • Wood Mackenzie - Singapore
  • Gresik Semen - Indonesia
  • GMR Energy Limited - India
  • Mechel - Russia
  • Mercuria Energy - Indonesia
  • APGENCO India
  • Manunggal Multi Energi - Indonesia
  • McConnell Dowell - Australia
  • Bangkok Bank PCL
  • Central Electricity Authority - India
  • Baramulti Group, Indonesia
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Barasentosa Lestari - Indonesia
  • EMO - The Netherlands
  • Sarangani Energy Corporation, Philippines
  • Ince & co LLP
  • Latin American Coal - Colombia
  • Credit Suisse - India
  • Vijayanagar Sugar Pvt Ltd - India
  • Coeclerici Indonesia
  • Vizag Seaport Private Limited - India
  • Cargill India Pvt Ltd
  • GHCL Limited - India
  • SGS (Thailand) Limited
  • CESC Limited - India
  • TGV SRAAC LIMITED, India
  • Straits Asia Resources Limited - Singapore
  • Aboitiz Power Corporation - Philippines
  • Vale Mozambique
  • Bhatia International Limited - India
  • World Bank
  • Minerals Council of Australia
  • Deloitte Consulting - India
  • Cigading International Bulk Terminal - Indonesia
  • Eastern Energy - Thailand
  • Billiton Holdings Pty Ltd - Australia
  • Africa Commodities Group - South Africa
  • Coal Orbis AG
  • Coal India Limited
  • Petron Corporation, Philippines
  • Altura Mining Limited, Indonesia
  • ICICI Bank Limited - India
  • Adani Power Ltd - India
  • Agrawal Coal Company - India
  • World Coal - UK
  • Gujarat Sidhee Cement - India
  • Enel Italy
  • Thomson Reuters GRC
  • Mitsubishi Corporation
  • Star Paper Mills Limited - India
  • Maersk Broker
  • HSBC - Hong Kong
  • Indonesian Coal Mining Association
  • GB Group - China
  • Cardiff University - UK
  • Indorama - Singapore
  • Pinang Coal Indonesia
  • Permata Bank - Indonesia
  • Kohat Cement Company Ltd. - Pakistan
  • Asian Development Bank
  • ACC Limited - India
  • Mitra SK Pvt Ltd - India
  • Ind-Barath Power Infra Limited - India
  • Heidelberg Cement - Germany
  • TRAFIGURA, South Korea
  • NALCO India
  • CCIC - Indonesia
  • SMG Consultants - Indonesia
  • Georgia Ports Authority, United States
  • Vitol - Bahrain
  • Bhushan Steel Limited - India
  • Ministry of Transport, Egypt
  • Gujarat Electricity Regulatory Commission - India
  • Coastal Gujarat Power Limited - India
  • Bhoruka Overseas - Indonesia
  • Platou - Singapore
  • Grasim Industreis Ltd - India
  • Moodys - Singapore
  • Bahari Cakrawala Sebuku - Indonesia
  • Pendopo Energi Batubara - Indonesia
  • Sucofindo - Indonesia
  • Kapuas Tunggal Persada - Indonesia
  • SN Aboitiz Power Inc, Philippines
  • CNBM International Corporation - China
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Medco Energi Mining Internasional
  • PowerSource Philippines DevCo
  • Japan Coal Energy Center
  • Arch Coal - USA
  • Sree Jayajothi Cements Limited - India
  • Kepco SPC Power Corporation, Philippines
  • Antam Resourcindo - Indonesia
  • Global Coal Blending Company Limited - Australia
  • Aditya Birla Group - India
  • Intertek Mineral Services - Indonesia
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Mercator Lines Limited - India
  • International Coal Ventures Pvt Ltd - India
  • Kalimantan Lumbung Energi - Indonesia
  • Bulk Trading Sa - Switzerland
  • NTPC Limited - India
  • EIA - United States
  • Tata Power - India
  • Indo Tambangraya Megah - Indonesia
  • Indonesia Power. PT
  • Karbindo Abesyapradhi - Indoneisa
  • Sical Logistics Limited - India
  • Pipit Mutiara Jaya. PT, Indonesia
  • Infraline Energy - India
  • Meralco Power Generation, Philippines
  • TNB Fuel Sdn Bhd - Malaysia
  • Savvy Resources Ltd - HongKong
  • CoalTek, United States
  • ASAPP Information Group - India
  • Berau Coal - Indonesia
  • Directorate General of MIneral and Coal - Indonesia
  • GN Power Mariveles Coal Plant, Philippines
  • Sojitz Corporation - Japan
  • Sinarmas Energy and Mining - Indonesia
  • Xstrata Coal
  • Humpuss - Indonesia
  • San Jose City I Power Corp, Philippines
  • Madhucon Powers Ltd - India
  • Cosco
  • Borneo Indobara - Indonesia
  • Simpson Spence & Young - Indonesia
  • Standard Chartered Bank - UAE
  • SUEK AG - Indonesia
  • IEA Clean Coal Centre - UK
  • Bukit Baiduri Energy - Indonesia
  • Kobe Steel Ltd - Japan
  • Malabar Cements Ltd - India
  • Port Waratah Coal Services - Australia
  • Idemitsu - Japan
  • Geoservices-GeoAssay Lab
  • European Bulk Services B.V. - Netherlands
  • Independent Power Producers Association of India
  • UOB Asia (HK) Ltd
  • Ernst & Young Pvt. Ltd.
  • Kumho Petrochemical, South Korea
  • Panama Canal Authority
  • Petrochimia International Co. Ltd.- Taiwan
  • OCBC - Singapore
  • Tanito Harum - Indonesia
  • McKinsey & Co - India
  • Mintek Dendrill Indonesia
  • ANZ Bank - Australia
  • Gupta Coal India Ltd
  • Samtan Co., Ltd - South Korea
  • Planning Commission, India
  • Power Finance Corporation Ltd., India
  • TNPL - India
  • Jaiprakash Power Ventures ltd
  • Iligan Light & Power Inc, Philippines
  • AsiaOL BioFuels Corp., Philippines
  • Economic Council, Georgia
  • PetroVietnam Power Coal Import and Supply Company
  • Edison Trading Spa - Italy
  • Anglo American - United Kingdom
  • Indogreen Group - Indonesia
  • Oldendorff Carriers - Singapore
  • Merrill Lynch Commodities Europe
  • Energy Link Ltd, New Zealand
  • Eastern Coal Council - USA
  • Cemex - Philippines
  • GAC Shipping (India) Pvt Ltd
  • Timah Investasi Mineral - Indoneisa
  • Vedanta Resources Plc - India
  • VISA Power Limited - India
  • GNFC Limited - India
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Maybank - Singapore
  • Bukit Makmur.PT - Indonesia
  • Lafarge - France
  • Coalindo Energy - Indonesia
  • Coal and Oil Company - UAE
  • Posco Energy - South Korea
  • Siam City Cement - Thailand
  • Price Waterhouse Coopers - Russia
  • Ministry of Finance - Indonesia
  • Singapore Mercantile Exchange
  • U S Energy Resources
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Coaltrans Conferences
  • Global Business Power Corporation, Philippines
  • Dalmia Cement Bharat India
  • Maruti Cements - India
  • Global Green Power PLC Corporation, Philippines
  • CIMB Investment Bank - Malaysia
  • Thailand Anthracite
  • Bharathi Cement Corporation - India
  • OPG Power Generation Pvt Ltd - India
  • Freeport Indonesia
  • Jorong Barutama Greston.PT - Indonesia
  • Lanco Infratech Ltd - India
  • IBC Asia (S) Pte Ltd
  • PNOC Exploration Corporation - Philippines
  • Indian School of Mines
  • Salva Resources Pvt Ltd - India
  • Maheswari Brothers Coal Limited - India
  • Cebu Energy, Philippines
  • Parliament of New Zealand
  • Metalloyd Limited - United Kingdom
  • SASOL - South Africa
  • Total Coal South Africa
  • Argus Media - Singapore
  • TANGEDCO India
  • ING Bank NV - Singapore
  • Rio Tinto Coal - Australia
  • Semirara Mining and Power Corporation, Philippines
  • Marubeni Corporation - India
  • Ministry of Mines - Canada
  • Orica Mining Services - Indonesia
  • Uttam Galva Steels Limited - India
  • Central Java Power - Indonesia
  • Larsen & Toubro Limited - India