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Wednesday, 26 August 20
PENDING SOUTH KOREA LEGISLATION COULD FORCE HALT TO COUNTRY’S COAL PLANT EXPORT DEALS - KOREA ECONOMIC DAILY
South Korea’s parliament looks set to pass new legislation to ban financing on foreign coal power projects, putting all overseas coal-fired plant deals under way at risk of being scrapped.
Late last month, four lawmakers from the ruling Democratic Party proposed a set of bills, aimed at prohibiting utility Korea Electric Power Corp. (KEPCO), two state-run Korean banks and the state trade insurance provider from financing foreign coal projects.
The draft bills concerning KEPCO, Korea Development Bank, Export-Import Bank of Korea (Korea EXIM) and Korea Trade Insurance Corp. are very likely to pass at the ruling party-controlled National Assembly next month.
Under the proposed bills, the four state-run entities will be prohibited from participating in the construction and operation of coal-fired power plants abroad, as well as extending the life of existing plants. After passing through the National Assembly’s regular session, the bills will take effect immediately.
South Korea is the world’s No. 2 coal power plant exporter in terms of orders received, winning $5.8 billion worth of orders between January 2013 and July 2020, according to EndCoal. China is the biggest coal power plant exporter for orders of $50 billion, nearly 10 times more than South Korea.
But the new legislation may herald the collapse of the relevant industry in Korea. In particular, Doosan Heavy would be hard hit by a ban on the country’s financing of overseas coal plants, as this accounts for half of its overseas business. The company has already suffered from the South Korean government’s policy to phase out nuclear power.
Source: The Korea Economic Daily
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Wednesday, 24 February 21
MARKET INSIGHT - INTERMODAL
With yields of up to 563%, the shares of Greek shipping companies listed on Wall Street are recorded. The Coronavirus pandemic has not significantl ...
Sunday, 21 February 21
ANZ DIVESTING FROM THE WORLD’S LARGEST COAL EXPORT PORT IS 'PRAGMATISM' - IEEFA
The biggest buyers of Australian thermal coal have committed to net-zero emissions
ANZ, Australia’s third largest bank, has decided to s ...
Sunday, 21 February 21
EDITORIAL: TIME FOR BANGLADESH TO FOCUS ON RENEWABLE ENERGY, NOT COAL - DHAKA TRIBUNE
Shifting away from coal is not only desirable, but absolutely necessary in these times.
In spite of being detrimental to environment ...
Wednesday, 17 February 21
STRANDED ASSETS A LONG-TERM RISK FOR MAJOR FOSSIL FUEL EXPORTERS - FITCH RATINGS
Fossil exporters face a loss of GDP, government revenue and export receipts from the transition to a lower-carbon economy over the coming decades. ...
Friday, 12 February 21
U.S: WIND SURPASSED COAL AS NO. 1 FUEL SOURCE IN 2020 FOR SOUTHWEST POWER POOL - IEEFA
Wind energy growth due to geography, design factors, and new installations
Wind surpassed coal as the primary power generation sourc ...
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- Minerals Council of Australia
- Orica Australia Pty. Ltd.
- Energy Development Corp, Philippines
- Goldman Sachs - Singapore
- Rashtriya Ispat Nigam Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Merrill Lynch Commodities Europe
- Holcim Trading Pte Ltd - Singapore
- Sinarmas Energy and Mining - Indonesia
- Petron Corporation, Philippines
- GMR Energy Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Banpu Public Company Limited - Thailand
- Borneo Indobara - Indonesia
- Kaltim Prima Coal - Indonesia
- Simpson Spence & Young - Indonesia
- Jindal Steel & Power Ltd - India
- TeaM Sual Corporation - Philippines
- GAC Shipping (India) Pvt Ltd
- Sindya Power Generating Company Private Ltd
- Indogreen Group - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Commonwealth Bank - Australia
- IEA Clean Coal Centre - UK
- Eastern Energy - Thailand
- Cement Manufacturers Association - India
- Attock Cement Pakistan Limited
- Timah Investasi Mineral - Indoneisa
- Posco Energy - South Korea
- Carbofer General Trading SA - India
- Trasteel International SA, Italy
- Thiess Contractors Indonesia
- Metalloyd Limited - United Kingdom
- Bukit Baiduri Energy - Indonesia
- Renaissance Capital - South Africa
- Jorong Barutama Greston.PT - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Semirara Mining Corp, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mintek Dendrill Indonesia
- Sical Logistics Limited - India
- Siam City Cement PLC, Thailand
- Anglo American - United Kingdom
- Planning Commission, India
- Xindia Steels Limited - India
- Binh Thuan Hamico - Vietnam
- Petrochimia International Co. Ltd.- Taiwan
- Latin American Coal - Colombia
- Antam Resourcindo - Indonesia
- The University of Queensland
- Deloitte Consulting - India
- SMC Global Power, Philippines
- Kartika Selabumi Mining - Indonesia
- Parliament of New Zealand
- Australian Coal Association
- Port Waratah Coal Services - Australia
- Bangladesh Power Developement Board
- India Bulls Power Limited - India
- IHS Mccloskey Coal Group - USA
- Cigading International Bulk Terminal - Indonesia
- Orica Mining Services - Indonesia
- Coal and Oil Company - UAE
- Vedanta Resources Plc - India
- Baramulti Group, Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bhushan Steel Limited - India
- Price Waterhouse Coopers - Russia
- LBH Netherlands Bv - Netherlands
- White Energy Company Limited
- Mjunction Services Limited - India
- Coalindo Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Chamber of Mines of South Africa
- CIMB Investment Bank - Malaysia
- Jaiprakash Power Ventures ltd
- Kepco SPC Power Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Indian Oil Corporation Limited
- AsiaOL BioFuels Corp., Philippines
- Standard Chartered Bank - UAE
- ASAPP Information Group - India
- Independent Power Producers Association of India
- South Luzon Thermal Energy Corporation
- Indika Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Ind-Barath Power Infra Limited - India
- Savvy Resources Ltd - HongKong
- Grasim Industreis Ltd - India
- San Jose City I Power Corp, Philippines
- Aboitiz Power Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- Wood Mackenzie - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Meralco Power Generation, Philippines
- Makarim & Taira - Indonesia
- PowerSource Philippines DevCo
- Indian Energy Exchange, India
- Bhatia International Limited - India
- Rio Tinto Coal - Australia
- Formosa Plastics Group - Taiwan
- Billiton Holdings Pty Ltd - Australia
- Iligan Light & Power Inc, Philippines
- Power Finance Corporation Ltd., India
- Bayan Resources Tbk. - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Karbindo Abesyapradhi - Indoneisa
- Sakthi Sugars Limited - India
- Videocon Industries ltd - India
- Interocean Group of Companies - India
- Sarangani Energy Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Samtan Co., Ltd - South Korea
- Semirara Mining and Power Corporation, Philippines
- Electricity Authority, New Zealand
- Bulk Trading Sa - Switzerland
- Leighton Contractors Pty Ltd - Australia
- Global Business Power Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Barasentosa Lestari - Indonesia
- Ministry of Mines - Canada
- Ceylon Electricity Board - Sri Lanka
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indo Tambangraya Megah - Indonesia
- Sree Jayajothi Cements Limited - India
- Toyota Tsusho Corporation, Japan
- Georgia Ports Authority, United States
- Ministry of Finance - Indonesia
- Bharathi Cement Corporation - India
- Salva Resources Pvt Ltd - India
- Singapore Mercantile Exchange
- Wilmar Investment Holdings
- Dalmia Cement Bharat India
- Asmin Koalindo Tuhup - Indonesia
- OPG Power Generation Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Economic Council, Georgia
- Straits Asia Resources Limited - Singapore
- Indonesian Coal Mining Association
- VISA Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- Uttam Galva Steels Limited - India
- PNOC Exploration Corporation - Philippines
- Kumho Petrochemical, South Korea
- Romanian Commodities Exchange
- Malabar Cements Ltd - India
- London Commodity Brokers - England
- Kalimantan Lumbung Energi - Indonesia
- Vizag Seaport Private Limited - India
- Madhucon Powers Ltd - India
- Globalindo Alam Lestari - Indonesia
- Global Green Power PLC Corporation, Philippines
- Larsen & Toubro Limited - India
- Aditya Birla Group - India
- Central Java Power - Indonesia
- Gujarat Sidhee Cement - India
- Kobexindo Tractors - Indoneisa
- New Zealand Coal & Carbon
- Heidelberg Cement - Germany
- Karaikal Port Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Lanco Infratech Ltd - India
- Marubeni Corporation - India
- Kideco Jaya Agung - Indonesia
- MS Steel International - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- European Bulk Services B.V. - Netherlands
- ICICI Bank Limited - India
- Agrawal Coal Company - India
- PetroVietnam Power Coal Import and Supply Company
- Parry Sugars Refinery, India
- McConnell Dowell - Australia
- Electricity Generating Authority of Thailand
- Ministry of Transport, Egypt
- Thai Mozambique Logistica
- Riau Bara Harum - Indonesia
- Altura Mining Limited, Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Medco Energi Mining Internasional
- CNBM International Corporation - China
- Global Coal Blending Company Limited - Australia
- SMG Consultants - Indonesia
- Tata Chemicals Ltd - India
- Ambuja Cements Ltd - India
- Australian Commodity Traders Exchange
- PTC India Limited - India
- Manunggal Multi Energi - Indonesia
- Therma Luzon, Inc, Philippines
- The State Trading Corporation of India Ltd
- Mercator Lines Limited - India
- Eastern Coal Council - USA
- Bukit Makmur.PT - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- The Treasury - Australian Government
- Meenaskhi Energy Private Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Central Electricity Authority - India
- Bahari Cakrawala Sebuku - Indonesia
- Edison Trading Spa - Italy
- Directorate Of Revenue Intelligence - India
- Mercuria Energy - Indonesia
- Tamil Nadu electricity Board
- Siam City Cement - Thailand
- Star Paper Mills Limited - India
- Coastal Gujarat Power Limited - India
- SN Aboitiz Power Inc, Philippines
- Africa Commodities Group - South Africa
- Sojitz Corporation - Japan
- GVK Power & Infra Limited - India
- International Coal Ventures Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Chettinad Cement Corporation Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Oldendorff Carriers - Singapore
- Gujarat Electricity Regulatory Commission - India
- Pendopo Energi Batubara - Indonesia
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