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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, 09 September 20
MARKET INSIGHT - INTERMODAL
The uneventful summer lull which is coming to an end soon has left its stigma on the newbuilding market, which has already been devastated by the g ...
Saturday, 05 September 20
INDIA WON'T KICK ITS COAL HABIT SO EASILY - HINDU BUSINESS LINE
India has traditionally considered itself lucky to have been endowed with abundant coal reserves, which it has sought to use to meet its energy nee ...
Saturday, 05 September 20
FINANCING COMPLETE FOR 900MW FIFTH PHASE OF MASSIVE DUBAI SOLAR PARK: ARABIAN BUSINESS
Saudi-based ACWA Power on Thursday announced it has completed the signing of all financing agreements for the fifth phase of the Mohammed bin Rashi ...
Saturday, 05 September 20
POLISH COAL DEMAND EXPECTED TO FALL BY 7 MLN TONNES NEXT YEAR: MINISTER - REUTERS
Poland’s demand for coal is expected to fall by around 7 million tonnes next year, or more than 10% of annual hard coal production, after a d ...
Saturday, 05 September 20
PAKISTAN'S NEW 27-YEAR POWER PLAN RISKS LOCKING IN LONG-TERM OVERCAPACITY, LEAVING IMPORTED COAL AND LNG PLANTS STRANDED - IEEFA
Wind and solar, the country’s cheapest source of new generation, also overlooked
Pakistan risks locking itself into building m ...
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- Offshore Bulk Terminal Pte Ltd, Singapore
- OPG Power Generation Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Maheswari Brothers Coal Limited - India
- Mercuria Energy - Indonesia
- Borneo Indobara - Indonesia
- Jindal Steel & Power Ltd - India
- Global Green Power PLC Corporation, Philippines
- Petron Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- White Energy Company Limited
- Therma Luzon, Inc, Philippines
- MS Steel International - UAE
- Cement Manufacturers Association - India
- McConnell Dowell - Australia
- Mjunction Services Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- GN Power Mariveles Coal Plant, Philippines
- Gujarat Mineral Development Corp Ltd - India
- New Zealand Coal & Carbon
- Electricity Authority, New Zealand
- Neyveli Lignite Corporation Ltd, - India
- Tata Chemicals Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Attock Cement Pakistan Limited
- Sical Logistics Limited - India
- Cigading International Bulk Terminal - Indonesia
- Global Business Power Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Asmin Koalindo Tuhup - Indonesia
- Siam City Cement - Thailand
- Kartika Selabumi Mining - Indonesia
- Formosa Plastics Group - Taiwan
- Renaissance Capital - South Africa
- Leighton Contractors Pty Ltd - Australia
- Riau Bara Harum - Indonesia
- Sindya Power Generating Company Private Ltd
- Miang Besar Coal Terminal - Indonesia
- Port Waratah Coal Services - Australia
- Bukit Baiduri Energy - Indonesia
- Central Electricity Authority - India
- The Treasury - Australian Government
- Sojitz Corporation - Japan
- Africa Commodities Group - South Africa
- Simpson Spence & Young - Indonesia
- Vizag Seaport Private Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Australian Commodity Traders Exchange
- AsiaOL BioFuels Corp., Philippines
- Economic Council, Georgia
- Bhatia International Limited - India
- Standard Chartered Bank - UAE
- Aboitiz Power Corporation - Philippines
- Kohat Cement Company Ltd. - Pakistan
- Bhoruka Overseas - Indonesia
- Indian Oil Corporation Limited
- Xindia Steels Limited - India
- Planning Commission, India
- Indo Tambangraya Megah - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Videocon Industries ltd - India
- Bulk Trading Sa - Switzerland
- Parliament of New Zealand
- Interocean Group of Companies - India
- Sinarmas Energy and Mining - Indonesia
- Globalindo Alam Lestari - Indonesia
- Kideco Jaya Agung - Indonesia
- Banpu Public Company Limited - Thailand
- Metalloyd Limited - United Kingdom
- Rio Tinto Coal - Australia
- The University of Queensland
- South Luzon Thermal Energy Corporation
- LBH Netherlands Bv - Netherlands
- GVK Power & Infra Limited - India
- Trasteel International SA, Italy
- Baramulti Group, Indonesia
- India Bulls Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Anglo American - United Kingdom
- Makarim & Taira - Indonesia
- International Coal Ventures Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Sakthi Sugars Limited - India
- Romanian Commodities Exchange
- Bukit Makmur.PT - Indonesia
- Deloitte Consulting - India
- Coal and Oil Company - UAE
- Semirara Mining and Power Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- SN Aboitiz Power Inc, Philippines
- Merrill Lynch Commodities Europe
- Semirara Mining Corp, Philippines
- Bhushan Steel Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Star Paper Mills Limited - India
- Savvy Resources Ltd - HongKong
- Marubeni Corporation - India
- Independent Power Producers Association of India
- Bukit Asam (Persero) Tbk - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Wood Mackenzie - Singapore
- Indian Energy Exchange, India
- Thiess Contractors Indonesia
- Coastal Gujarat Power Limited - India
- Uttam Galva Steels Limited - India
- Madhucon Powers Ltd - India
- SMG Consultants - Indonesia
- Ambuja Cements Ltd - India
- European Bulk Services B.V. - Netherlands
- Eastern Energy - Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Alfred C Toepfer International GmbH - Germany
- Wilmar Investment Holdings
- Gujarat Electricity Regulatory Commission - India
- Bahari Cakrawala Sebuku - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Tamil Nadu electricity Board
- Karaikal Port Pvt Ltd - India
- Bharathi Cement Corporation - India
- Grasim Industreis Ltd - India
- Mintek Dendrill Indonesia
- Salva Resources Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Electricity Generating Authority of Thailand
- Samtan Co., Ltd - South Korea
- Antam Resourcindo - Indonesia
- Agrawal Coal Company - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Iligan Light & Power Inc, Philippines
- The State Trading Corporation of India Ltd
- Central Java Power - Indonesia
- Lanco Infratech Ltd - India
- Indogreen Group - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- CNBM International Corporation - China
- Indonesian Coal Mining Association
- Chettinad Cement Corporation Ltd - India
- IEA Clean Coal Centre - UK
- Siam City Cement PLC, Thailand
- Singapore Mercantile Exchange
- CIMB Investment Bank - Malaysia
- GAC Shipping (India) Pvt Ltd
- Eastern Coal Council - USA
- Commonwealth Bank - Australia
- Meenaskhi Energy Private Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Australian Coal Association
- Gujarat Sidhee Cement - India
- Georgia Ports Authority, United States
- ASAPP Information Group - India
- Vijayanagar Sugar Pvt Ltd - India
- Ministry of Mines - Canada
- Intertek Mineral Services - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Posco Energy - South Korea
- Ministry of Finance - Indonesia
- SMC Global Power, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Meralco Power Generation, Philippines
- Timah Investasi Mineral - Indoneisa
- Power Finance Corporation Ltd., India
- London Commodity Brokers - England
- Aditya Birla Group - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Edison Trading Spa - Italy
- Minerals Council of Australia
- Pendopo Energi Batubara - Indonesia
- Kumho Petrochemical, South Korea
- Kepco SPC Power Corporation, Philippines
- Vedanta Resources Plc - India
- Oldendorff Carriers - Singapore
- PowerSource Philippines DevCo
- Energy Link Ltd, New Zealand
- Energy Development Corp, Philippines
- Sree Jayajothi Cements Limited - India
- GMR Energy Limited - India
- Billiton Holdings Pty Ltd - Australia
- Orica Mining Services - Indonesia
- Orica Australia Pty. Ltd.
- Dalmia Cement Bharat India
- Coalindo Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- PTC India Limited - India
- ICICI Bank Limited - India
- Medco Energi Mining Internasional
- Heidelberg Cement - Germany
- Thai Mozambique Logistica
- Larsen & Toubro Limited - India
- Krishnapatnam Port Company Ltd. - India
- Manunggal Multi Energi - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Carbofer General Trading SA - India
- Price Waterhouse Coopers - Russia
- Directorate Of Revenue Intelligence - India
- Ind-Barath Power Infra Limited - India
- TeaM Sual Corporation - Philippines
- Bangladesh Power Developement Board
- Barasentosa Lestari - Indonesia
- Kaltim Prima Coal - Indonesia
- Malabar Cements Ltd - India
- Mercator Lines Limited - India
- Straits Asia Resources Limited - Singapore
- Toyota Tsusho Corporation, Japan
- Jaiprakash Power Ventures ltd
- Indika Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Altura Mining Limited, Indonesia
- Goldman Sachs - Singapore
- PNOC Exploration Corporation - Philippines
- Ministry of Transport, Egypt
- Latin American Coal - Colombia
- Chamber of Mines of South Africa
- IHS Mccloskey Coal Group - USA
- VISA Power Limited - India
- Parry Sugars Refinery, India
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