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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, 13 January 21
CHINA THERMAL GENCO PROFITS FACE PRESSURE AMID POWER SHORTAGES - FITHCH WIRE
High coal and gas prices will put near-term pressure on margins for thermal power generators in China, says Fitch Ratings. However, the power short ...
Wednesday, 13 January 21
COAL TO BE BIGGEST CONTRIBUTOR TO INDIA'S $5 TRILLION ECONOMY: AMIT SHAH - BUSINESS STANDARD
The Centre on Monday awarded the letter of allocation to successful bidders of coal mines under the commercial auction held during October-November ...
Monday, 11 January 21
MUTED COAL RECOVERY IN 2021 - BALTIC EXCHANGE
Coal demand is expected to rebound in 2021
Medium-term outlook is less favourable although demand declines are expected to be subtle ...
Sunday, 10 January 21
KOREAN GENCOS INVITED BIDS FOR TOTAL 880,000 TONS OF COAL FOR MARCH 2021 LOADING
COALspot.com: Korea South-East Power Co., Ltd. (KOEN), on behalf of EWP, KOSPO, KOSEP and KOWEPO issued an international tender for total 880 ...
Friday, 08 January 21
INDIA COULD COMPETE AGAINST CHINA IN SOLAR MODULE PRODUCTION WITH THE RIGHT GOVERNMENT SUPPORT - IEEFA
The focus should be on helping manufacturers become globally competitive
Although one of the top 10 solar module producers in the world, India ...
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- Cigading International Bulk Terminal - Indonesia
- Australian Coal Association
- PetroVietnam Power Coal Import and Supply Company
- Parry Sugars Refinery, India
- Malabar Cements Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Sakthi Sugars Limited - India
- GAC Shipping (India) Pvt Ltd
- Maheswari Brothers Coal Limited - India
- ASAPP Information Group - India
- Vizag Seaport Private Limited - India
- Rio Tinto Coal - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bhoruka Overseas - Indonesia
- IEA Clean Coal Centre - UK
- Asmin Koalindo Tuhup - Indonesia
- Sical Logistics Limited - India
- Coal and Oil Company - UAE
- International Coal Ventures Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Bayan Resources Tbk. - Indonesia
- Australian Commodity Traders Exchange
- Vijayanagar Sugar Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Ministry of Transport, Egypt
- TNB Fuel Sdn Bhd - Malaysia
- White Energy Company Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- VISA Power Limited - India
- Renaissance Capital - South Africa
- Merrill Lynch Commodities Europe
- European Bulk Services B.V. - Netherlands
- IHS Mccloskey Coal Group - USA
- Parliament of New Zealand
- Rashtriya Ispat Nigam Limited - India
- Bharathi Cement Corporation - India
- Latin American Coal - Colombia
- SN Aboitiz Power Inc, Philippines
- New Zealand Coal & Carbon
- Trasteel International SA, Italy
- Formosa Plastics Group - Taiwan
- Energy Link Ltd, New Zealand
- Chettinad Cement Corporation Ltd - India
- Baramulti Group, Indonesia
- Salva Resources Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Orica Mining Services - Indonesia
- Simpson Spence & Young - Indonesia
- Economic Council, Georgia
- Videocon Industries ltd - India
- Eastern Coal Council - USA
- Indian Energy Exchange, India
- Central Java Power - Indonesia
- Mjunction Services Limited - India
- Anglo American - United Kingdom
- Ministry of Mines - Canada
- Antam Resourcindo - Indonesia
- Indogreen Group - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Altura Mining Limited, Indonesia
- Aditya Birla Group - India
- GN Power Mariveles Coal Plant, Philippines
- Siam City Cement PLC, Thailand
- Price Waterhouse Coopers - Russia
- Kideco Jaya Agung - Indonesia
- Grasim Industreis Ltd - India
- Aboitiz Power Corporation - Philippines
- PowerSource Philippines DevCo
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Romanian Commodities Exchange
- Africa Commodities Group - South Africa
- Tamil Nadu electricity Board
- Eastern Energy - Thailand
- Essar Steel Hazira Ltd - India
- Indo Tambangraya Megah - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Marubeni Corporation - India
- Straits Asia Resources Limited - Singapore
- LBH Netherlands Bv - Netherlands
- Carbofer General Trading SA - India
- Commonwealth Bank - Australia
- Coastal Gujarat Power Limited - India
- India Bulls Power Limited - India
- Savvy Resources Ltd - HongKong
- Kumho Petrochemical, South Korea
- Indonesian Coal Mining Association
- Siam City Cement - Thailand
- Gujarat Sidhee Cement - India
- Banpu Public Company Limited - Thailand
- Toyota Tsusho Corporation, Japan
- Xindia Steels Limited - India
- London Commodity Brokers - England
- PNOC Exploration Corporation - Philippines
- GVK Power & Infra Limited - India
- Samtan Co., Ltd - South Korea
- Indian Oil Corporation Limited
- Alfred C Toepfer International GmbH - Germany
- Central Electricity Authority - India
- Barasentosa Lestari - Indonesia
- Metalloyd Limited - United Kingdom
- CIMB Investment Bank - Malaysia
- Ministry of Finance - Indonesia
- Bhatia International Limited - India
- Interocean Group of Companies - India
- Kohat Cement Company Ltd. - Pakistan
- Power Finance Corporation Ltd., India
- The State Trading Corporation of India Ltd
- Port Waratah Coal Services - Australia
- Sarangani Energy Corporation, Philippines
- SMC Global Power, Philippines
- Oldendorff Carriers - Singapore
- Lanco Infratech Ltd - India
- Pendopo Energi Batubara - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Ind-Barath Power Infra Limited - India
- Meralco Power Generation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Thai Mozambique Logistica
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mercuria Energy - Indonesia
- Semirara Mining Corp, Philippines
- Globalindo Alam Lestari - Indonesia
- Jaiprakash Power Ventures ltd
- Bukit Makmur.PT - Indonesia
- Heidelberg Cement - Germany
- Sree Jayajothi Cements Limited - India
- Electricity Authority, New Zealand
- GMR Energy Limited - India
- Electricity Generating Authority of Thailand
- San Jose City I Power Corp, Philippines
- Kaltim Prima Coal - Indonesia
- The University of Queensland
- Bukit Asam (Persero) Tbk - Indonesia
- OPG Power Generation Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Mintek Dendrill Indonesia
- Attock Cement Pakistan Limited
- CNBM International Corporation - China
- Tata Chemicals Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Independent Power Producers Association of India
- Jorong Barutama Greston.PT - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Sindya Power Generating Company Private Ltd
- Orica Australia Pty. Ltd.
- Therma Luzon, Inc, Philippines
- Chamber of Mines of South Africa
- Medco Energi Mining Internasional
- Star Paper Mills Limited - India
- SMG Consultants - Indonesia
- Bulk Trading Sa - Switzerland
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Standard Chartered Bank - UAE
- Posco Energy - South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- Agrawal Coal Company - India
- Bukit Baiduri Energy - Indonesia
- Georgia Ports Authority, United States
- Pipit Mutiara Jaya. PT, Indonesia
- MS Steel International - UAE
- Wilmar Investment Holdings
- Global Business Power Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Ambuja Cements Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Jindal Steel & Power Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Ceylon Electricity Board - Sri Lanka
- PTC India Limited - India
- Makarim & Taira - Indonesia
- Manunggal Multi Energi - Indonesia
- Bangladesh Power Developement Board
- Kobexindo Tractors - Indoneisa
- Cement Manufacturers Association - India
- Global Green Power PLC Corporation, Philippines
- McConnell Dowell - Australia
- Meenaskhi Energy Private Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Dalmia Cement Bharat India
- Minerals Council of Australia
- Madhucon Powers Ltd - India
- Goldman Sachs - Singapore
- Petron Corporation, Philippines
- Bhushan Steel Limited - India
- Uttam Galva Steels Limited - India
- Iligan Light & Power Inc, Philippines
- Deloitte Consulting - India
- TeaM Sual Corporation - Philippines
- Coalindo Energy - Indonesia
- Thiess Contractors Indonesia
- Kartika Selabumi Mining - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Sinarmas Energy and Mining - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Energy Development Corp, Philippines
- The Treasury - Australian Government
- ICICI Bank Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Wood Mackenzie - Singapore
- Mercator Lines Limited - India
- Miang Besar Coal Terminal - Indonesia
- Edison Trading Spa - Italy
- Planning Commission, India
- Vedanta Resources Plc - India
- Singapore Mercantile Exchange
- Timah Investasi Mineral - Indoneisa
- Sojitz Corporation - Japan
- Borneo Indobara - Indonesia
- Intertek Mineral Services - Indonesia
- Karaikal Port Pvt Ltd - India
- Indika Energy - Indonesia
- Larsen & Toubro Limited - India
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