COALspot.com keeps you connected across the coal world
  • OCTOBER 2020 INDONESIAN COAL PRICE REFERENCE FOR EXPORTS AND DOMESTIC BUYERS INCLUDING POWER PRODUCERS FIXED AT US$ 51.00 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, 04 August 20
THE WORLD’S FLEET OF COAL-FIRED POWER STATIONS HAS GOT SMALLER FOR THE FIRST TIME ON RECORD, WITH MORE CAPACITY RETIRED IN THE FIRST HALF OF 2020 THAN THE AMOUNT OPENED - IEA
IEA clean coal logoThis is according to the latest Global Coal Plant Tracker (GCPT) results by Global Energy Monitor (GEM), which we completed last month and report for the first time here. The 2.9 gigawatt (GW) decline in the first half (H1) of 2020 takes the global total down to 2,047GW. The fall – including a decline in India – was due to a combination of slowed commissioning due to the Covid-19 pandemic and record retirements in the EU from strengthened pollution regulations.
 
Nevertheless, our new figures show that 189.8GW of coal power capacity is still under construction globally and another 331.9GW is in planning. This runs counter to calls from UN secretary general António Guterres for a global moratorium on new coal plants after 2020. New coal plant development in H1 2020 was predominantly concentrated in China, which has increased its coal proposals and permits, while much of the world has put coal plans on pause.
 
Outside China, operating coal power capacity already peaked in 2018 – a trend that looks to hold as planned retirements outside China exceed planned commissioning. These shifts mean China is for the first time now home to half the world’s operating coal fleet.
 
Despite the decline in the global coal fleet, meeting global climate goals requires a much more rapid reduction in coal power use, with generation falling by at least half this decade in pathways that limit warming to well-below 2C, and up to three-fourths for 1.5C.
 
First fall in 2020
This year has witnessed the first six-month period on record when more coal-fired capacity was retired than commissioned. From 1 January to 30 June, 18.3GW started operating and 21.2GW retired, leading to a net decline in the global coal fleet of 2.9GW, shown in the chart below.
 
Commissioning in 2020 was led by China (11.4GW) and Japan (1.8GW). Germany’s newly opened 1.1 GW Datteln coal plant will have to be retired as the country phases out coal by 2038.
 
In terms of retirements during H1 2020, the bulk were in the EU27 plus UK (-8.3GW) – discussed in more detail below – followed by the US (-5.4GW) and China (-1.7GW).
 
Whereas H1 2020 marked the first overall global decline (solid line in the chart below), coal power capacity has already been in decline since 2018 outside China (dotted line).
 
The net change in global coal power capacity (solid black line) between 2000 and H1 2020. Country-by-country additions (positive) and retirements (negative) are shown with coloured columns. Source: Global Coal Plant Tracker, July 2020. Chart by Carbon Brief using Highcharts.
This declining trend outside China is likely to hold: some 98.6GW of coal power is already marked for retirement through to 2024, exceeding the 91.3GW currently under construction. (The median construction time for coal plants outside China is five years.)
 
Drop driven by the EU
The decline in global coal power capacity was driven primarily by the EU and UK, which saw a 8.3GW net reduction in capacity in the first half of 2020. This is the largest half-year drop on record, with only 2016 seeing a larger net reduction of 8.7GW across 12 months (see chart below). With another 6.0GW of coal closures scheduled for the second half of this year, the EU is on course to set a clear annual retirement record for the full year of 2020.
 
The net change in EU+UK coal power capacity (solid black line) between 2000 and H1 2020. Country-by-country additions (positive) and retirements (negative) are shown with coloured columns. Source: Global Coal Plant Tracker, July 2020. Chart by Carbon Brief using Highcharts.
Retirements in the EU+UK were driven by the rising price of EU carbon allowances and tightening pollution regulations, both of which have cut into the profitability of coal plants.
 
In H1 2020, EU27 coal use fell by 32%, as lower power demand from the Covid-19 pandemic primarily affected coal plants due to their higher operating costs.
 
Citing the declining profitability of its coal plants, power company EDP recently announced two coal plant closures in Portugal, putting the country on track to be coal-free by 2021 – two years ahead of schedule.
 
Altogether, 19 EU countries and the UK have committed to phase out coal power generation by 2030, with Germany targeting 2038. This leaves seven member states yet to agree to a phaseout: Spain, Poland, Czechia, Romania, Bulgaria, Slovenia and Croatia.
 
Radical reductions in Spain and the UK
While Spain has not yet committed to a coal phaseout, the country retired half its fleet in June 2020 (4.8 of 9.6GW), before the expiration of exemptions from EU pollution limits. The retirements were preceded by a 58% annual drop in Spain’s coal power generation, from 8.0 terawatt-hours (TWh) in H1 2019 to 3.3TWh in H1 2020, shown in the chart below.
 
The UK also retired a significant chunk of its coal fleet in the first half of 2020, closing more than a third of its remaining plants (3.3 of 9.6GW, or 34%). At the same time, the British electricity grid was coal-free for more than two months.
 
UK coal power generation has declined by more than 95% from an average of 65TWh every six months during 2000–2010 to just 3TWh in the first half of 2020, suggesting the country may well exit coal before its 2025 phaseout deadline.
 
Concentrated in China
The coal power industry continues to be concentrated in a handful of countries, with just ten comprising 90% of the pipeline for new coal plants and 86% of the operating fleet. China alone is now home to half of all operating coal power capacity (50%), as well as half of capacity in the pipeline (48%), up from a 34% share of the global coal pipeline in mid-2018. 
 
Coal power capacity in planning and under construction by country and percent share (left). Operating coal power capacity by country and percent share (right). Source: Global Coal Plant Tracker, July 2020. China also dominated coal plant development in the first half of 2020, making up 90% of newly proposed capacity (53.2 of 59.4GW), 86% of new construction (12.8 of 15.0GW) and 62% of plant openings (11.4 of 18.3GW). This is shown in the figure, below.
 
From 1 January to 30 June 2020, Chinese provinces granted permits for 19.7GW of new coal capacity, the highest rate since the central government began restricting permitting in 2016. Most of this activity has taken place since March, raising concerns that provinces are regarding coal plants as a form of post-covid economic stimulus to counter the financial slowdown. Central government moves to limit the surge have so far lacked teeth. Analysis by the University of Maryland warns the continuing build-out of large amounts of coal power will exacerbate China’s overcapacity crisis, lowering the average utilisation rate for its coal plants from below 50% today to below 45% by 2025, with negative consequences for profitability.
 
Slowdown outside China
Outside China, plans for new coal development radically slowed in 2020, with fresh proposals and construction starts occurring in just seven countries. India has been reducing its share of global coal power development, from 17% of the world pipeline in mid-2018 to 12% in mid-2020. The country also had no new construction in H1 2020 and shrank its coal fleet by 0.3GW – an unthinkable prospect just a few years ago.
 
In southeast Asia – regarded as one of the biggest growth markets for coal – only 1GW of coal power was newly proposed and 0.8GW started construction in H1 2020. This is 70% lower than the average 2.9GW of new proposals and 2.7GW of new construction every six months in the region since 2015. The decline in southeast Asia comes as two of the region’s largest financial backers of new coal plants – Japan and South Korea – face continued publicpressure to end their support of the technology.
 
So far, the governments have instead opted for tightened restrictions, although South Korea lawmakers will soon be deciding on a set of bills that would end the country’s public support for coal projects abroad. The growing restrictions have made coal plant financing increasingly difficult to secure and Chinese banks the lenders of last resort.
 
In south Asia, Bangladesh’s state minister for power recently announced that the country may restrict future coal plant additions to just three coal power plants that are under construction: Matarbari, Rampal, and Payra. This would effectively cancel the remaining 17.9GW of planned coal power. In June 2020, Pakistan canceled plans for the 0.7GW Port Qasim power station, as the country deals with economic problems at two of its recently commissioned coal plants, financed by Chinese firms.
 
Notably, some of the world’s largest coal plant proposals were called off or scaled down in 2020, suggesting coal “megaprojects” face diminishing prospects as alternative power sources cut into their potential operating hours and profitability.
 
In February 2020, for example, Egypt’s ministry of electricity said it would postpone construction of the 6.6GW Hamrawein coal plant to launch a renewable energy project instead. With the decision, Egypt has shelved or canceled all 15.2GW of new coal power it had previously planned. Russia also scaled down plans for its proposed Erkovetskaya coal plant, from 8.0GW in 2013 to 1.0GW.
 
Coal and climate goals
Despite the decline in commissioning and development, global coal use – and its associated CO2 release – is expected to fall only very slowly over the next decade. Yet emissions from coal use need to plummet by 2030 in pathways that meet the goals of the Paris Agreement.
 
Looking specifically at the power sector, coal use falls roughly in half by 2030 (53%) in pathways that limit warming to well-below 2C and by three-quarters (73%) in those that keep warming below 1.5C, according to GEM’s analysis of pathways considered by the Intergovernmental Panel on Climate Change (IPCC) special report on 1.5C (SR15). These figures are for scenarios with “no or low overshoot” of the temperature target and no carbon capture, utilisation and storage (CCUS) for coal plants, since few commercial coal plants have or are planning to deploy the technology, making widespread adoption over the next decade unlikely.
 
The figures are similar to those in recent analysis by Carbon Brief, which found CO2 emissions from all uses of coal – both power and industrial – fall by up to 80% below current levels in 2030 in 1.5C pathways, and by 42-70% in well-below 2C scenarios. Even excluding the pipeline of new coal developments, there is already far more than enough coal capacity to breach these climate-compliant pathways. The figure below shows the amount of coal generation implied by the IPCC scenarios (black lines) against an estimate of the output from existing plants. This estimate assumes coal plants operate for 40 years before closure and run at a 51% “load factor”, matching the current global average.
 
The Powering Past Coal Alliance (PPCA) estimates that 58% of EU and OECD countries will be coal-free by 2030. The US – home to 13% of global capacity, which is second only to China – is notably not on this list.
 
Japan is also not among the OECD countries planning a coal phaseout. While the Japanese government recently announced plans for the retirement of 100 “inefficient” coal-fired units by 2030, analysis by Japan-based Kiko Network concludes the plan could leave more than 35GW of coal power operating in 2030. (Carbon Brief analysis reached a similar conclusion.)
 
For China, recent research suggests it would be cheaper to rapidly build up renewables than to continue expanding coal capacity. Another study found that the cost-optimal path to limit stranded assets in China’s coal sector was an immediate moratorium on new construction, a 20- to 30-year limit on coal-plant lifespans, and a phased reduction in the utilisation rates of remaining capacity.
 
Countries around the world are moving to stimulate their economies after the coronavirus pandemic. In that context, recovery efforts could prioritize replacing coal with clean energy, as recent analysis led by thinktank CarbonTracker suggests it is already cheaper to build new renewable power than to continue operating 60% of the global coal fleet, rising to 100% of the coal fleet by 2030.
Source: IEA Clean Coal Centre


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

Recent News

Thursday, 19 November 20
MARKET INSIGHT - INTERMODAL
As we are moving towards the end of the year, the overall deal landscape of the dry bulk sector corresponding to the second half of 2020 (up to dat ...


Tuesday, 17 November 20
COAL SQUEEZE INTENSIFIES - BALTIC EXCHANGE
The message from the top is clear: cut out coal. While the regulatory pressure has been evident for some time, the race to banish the black stuff s ...


Tuesday, 17 November 20
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX UP 0.35 PCT - XINHUA
China Taiyuan coal transaction price index stood at 128.72 points Monday, up 0.35 percent week on week.   The index, released by China ...


Tuesday, 17 November 20
AUSTRALIAN COAL EXPORTS TO CHINA SLUMP, BUT PRICES ARE MIXED - REUTERS
China’s unofficial ban on coal imports from Australia is starting to take its toll on volumes, with departing cargoes down sharply so far in ...


Friday, 13 November 20
SHIPPING OUTLOOK TURNS STABLE ON EBITDA GROWTH, IMPROVING SUPPLY-DEMAND BALANCE - MOODY’S
Outlook revised to stable from negative.   The global shipping industry is on course to perform better overall than we had previously ex ...


   1 2 3 4 5   
Showing 11 to 15 news of total 6147
News by Category
Popular News
 
Total Members : 27,167
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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