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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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Thursday, 07 January 21
FITCH FORECASTS DOUBLING IN ASIAN WIND, SOLAR CAPACITY BY 2029, TOPPING 1,500GW
Despite some near-term delays due to the Covid-19 pandemic, solar power and offshore wind will drive steep growth in non-hydro renewables in Asia, ...
Wednesday, 06 January 21
INDONESIA EXCEEDS COAL PRODUCTION TARGET IN 2020
Indonesian coal production reached 557.54 Million Tons in 2020 1.37% higher than of last year’s total target of 550.00 Million Tons, accordin ...
Wednesday, 06 January 21
CHINESE CITIES REPORTEDLY GO DARK AS COUNTRY FACES SHORTAGE OF COAL, A MAJOR AUSTRALIAN EXPORT - CNBC
Several major Chinese cities have reportedly gone dark as authorities limit power usage, citing a shortage of coal.
Analysts said pr ...
Tuesday, 05 January 21
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX UP - XINHUA
China Taiyuan coal transaction price index stood at 136 points Monday, up 0.91 percent week on week.
The index, released by China Ta ...
Tuesday, 05 January 21
THE INDONESIA COAL PRICE REFERENCE SOARS TO HIGHEST ONE-MONTH INCREASE SINCE DECEMBER 2016
COALspot.com: The Indonesia coal price reference for January 2021 settles above $75 for the first time since July 2019 and to highest one-month inc ...
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- Power Finance Corporation Ltd., India
- Billiton Holdings Pty Ltd - Australia
- Independent Power Producers Association of India
- Thiess Contractors Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- SN Aboitiz Power Inc, Philippines
- Madhucon Powers Ltd - India
- Electricity Authority, New Zealand
- Posco Energy - South Korea
- Cigading International Bulk Terminal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- OPG Power Generation Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Iligan Light & Power Inc, Philippines
- Chamber of Mines of South Africa
- Baramulti Group, Indonesia
- Altura Mining Limited, Indonesia
- Renaissance Capital - South Africa
- Merrill Lynch Commodities Europe
- Maheswari Brothers Coal Limited - India
- Xindia Steels Limited - India
- GAC Shipping (India) Pvt Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sakthi Sugars Limited - India
- Aditya Birla Group - India
- Ambuja Cements Ltd - India
- SMG Consultants - Indonesia
- Carbofer General Trading SA - India
- Chettinad Cement Corporation Ltd - India
- Global Coal Blending Company Limited - Australia
- Central Electricity Authority - India
- Kumho Petrochemical, South Korea
- Jorong Barutama Greston.PT - Indonesia
- Mercuria Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Parry Sugars Refinery, India
- Neyveli Lignite Corporation Ltd, - India
- Karaikal Port Pvt Ltd - India
- Energy Development Corp, Philippines
- Bangladesh Power Developement Board
- Gujarat Mineral Development Corp Ltd - India
- ICICI Bank Limited - India
- The University of Queensland
- Heidelberg Cement - Germany
- European Bulk Services B.V. - Netherlands
- Global Green Power PLC Corporation, Philippines
- ASAPP Information Group - India
- Maharashtra Electricity Regulatory Commission - India
- Mjunction Services Limited - India
- Semirara Mining Corp, Philippines
- Australian Coal Association
- Port Waratah Coal Services - Australia
- Indonesian Coal Mining Association
- Meralco Power Generation, Philippines
- Bhatia International Limited - India
- Semirara Mining and Power Corporation, Philippines
- Thai Mozambique Logistica
- Interocean Group of Companies - India
- Globalindo Alam Lestari - Indonesia
- Ind-Barath Power Infra Limited - India
- Trasteel International SA, Italy
- Marubeni Corporation - India
- Bukit Makmur.PT - Indonesia
- Rio Tinto Coal - Australia
- Bhushan Steel Limited - India
- Pendopo Energi Batubara - Indonesia
- Electricity Generating Authority of Thailand
- Rashtriya Ispat Nigam Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Romanian Commodities Exchange
- Dalmia Cement Bharat India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Jindal Steel & Power Ltd - India
- Grasim Industreis Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Aboitiz Power Corporation - Philippines
- Barasentosa Lestari - Indonesia
- SMC Global Power, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Africa Commodities Group - South Africa
- Petrochimia International Co. Ltd.- Taiwan
- Ministry of Transport, Egypt
- New Zealand Coal & Carbon
- Krishnapatnam Port Company Ltd. - India
- Global Business Power Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Bayan Resources Tbk. - Indonesia
- Makarim & Taira - Indonesia
- Attock Cement Pakistan Limited
- Coalindo Energy - Indonesia
- CNBM International Corporation - China
- Bhoruka Overseas - Indonesia
- Tata Chemicals Ltd - India
- MS Steel International - UAE
- Singapore Mercantile Exchange
- Georgia Ports Authority, United States
- Indika Energy - Indonesia
- PTC India Limited - India
- Energy Link Ltd, New Zealand
- Price Waterhouse Coopers - Russia
- VISA Power Limited - India
- Borneo Indobara - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Eastern Energy - Thailand
- Sinarmas Energy and Mining - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Banpu Public Company Limited - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Uttam Galva Steels Limited - India
- GVK Power & Infra Limited - India
- Toyota Tsusho Corporation, Japan
- Kaltim Prima Coal - Indonesia
- Directorate Of Revenue Intelligence - India
- Indogreen Group - Indonesia
- Commonwealth Bank - Australia
- PowerSource Philippines DevCo
- Eastern Coal Council - USA
- Sarangani Energy Corporation, Philippines
- Goldman Sachs - Singapore
- Samtan Co., Ltd - South Korea
- Therma Luzon, Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- PetroVietnam Power Coal Import and Supply Company
- Medco Energi Mining Internasional
- Jaiprakash Power Ventures ltd
- Mercator Lines Limited - India
- Meenaskhi Energy Private Limited - India
- McConnell Dowell - Australia
- Vizag Seaport Private Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Straits Asia Resources Limited - Singapore
- Salva Resources Pvt Ltd - India
- Sojitz Corporation - Japan
- Lanco Infratech Ltd - India
- Siam City Cement PLC, Thailand
- PNOC Exploration Corporation - Philippines
- Sree Jayajothi Cements Limited - India
- Economic Council, Georgia
- Bukit Baiduri Energy - Indonesia
- Bharathi Cement Corporation - India
- Minerals Council of Australia
- White Energy Company Limited
- Agrawal Coal Company - India
- International Coal Ventures Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Planning Commission, India
- Vedanta Resources Plc - India
- Latin American Coal - Colombia
- San Jose City I Power Corp, Philippines
- Ministry of Mines - Canada
- Binh Thuan Hamico - Vietnam
- Central Java Power - Indonesia
- Cement Manufacturers Association - India
- Coastal Gujarat Power Limited - India
- Riau Bara Harum - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Standard Chartered Bank - UAE
- Australian Commodity Traders Exchange
- Savvy Resources Ltd - HongKong
- Parliament of New Zealand
- Star Paper Mills Limited - India
- Ceylon Electricity Board - Sri Lanka
- IEA Clean Coal Centre - UK
- Tamil Nadu electricity Board
- Edison Trading Spa - Italy
- Deloitte Consulting - India
- Kepco SPC Power Corporation, Philippines
- Indian Oil Corporation Limited
- Kobexindo Tractors - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- Ministry of Finance - Indonesia
- Indian Energy Exchange, India
- Anglo American - United Kingdom
- Bulk Trading Sa - Switzerland
- Coal and Oil Company - UAE
- Oldendorff Carriers - Singapore
- Metalloyd Limited - United Kingdom
- South Luzon Thermal Energy Corporation
- TeaM Sual Corporation - Philippines
- Karbindo Abesyapradhi - Indoneisa
- London Commodity Brokers - England
- Orica Australia Pty. Ltd.
- India Bulls Power Limited - India
- Siam City Cement - Thailand
- Indo Tambangraya Megah - Indonesia
- GMR Energy Limited - India
- Orica Mining Services - Indonesia
- Kideco Jaya Agung - Indonesia
- Malabar Cements Ltd - India
- Gujarat Sidhee Cement - India
- IHS Mccloskey Coal Group - USA
- Videocon Industries ltd - India
- Sical Logistics Limited - India
- The State Trading Corporation of India Ltd
- Directorate General of MIneral and Coal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Essar Steel Hazira Ltd - India
- Petron Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- The Treasury - Australian Government
- Intertek Mineral Services - Indonesia
- CIMB Investment Bank - Malaysia
- Mintek Dendrill Indonesia
- Manunggal Multi Energi - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Kohat Cement Company Ltd. - Pakistan
- Leighton Contractors Pty Ltd - Australia
- Wilmar Investment Holdings
- Holcim Trading Pte Ltd - Singapore
- Simpson Spence & Young - Indonesia
- Larsen & Toubro Limited - India
- LBH Netherlands Bv - Netherlands
- Wood Mackenzie - Singapore
- Antam Resourcindo - Indonesia
- AsiaOL BioFuels Corp., Philippines
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