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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, 20 August 20
MINER BHP CONFIRMS PLANS TO EXIT THERMAL COAL SECTOR - THE SYDNEY MORNING HERALD
The head of mining giant BHP has laid out plans for a reshaping of its global operations by seeking to quit thermal coal mining, offload some cokin ...
Thursday, 20 August 20
LONDON RETAINS ARBITER CROWN - BALTIC EXCHANGE | HFW
Fears that the UK’s decision to leave the European Union would dent the reputation of the nation’s capital as the leader in maritime ar ...
Wednesday, 19 August 20
U.S. COAL STOCKPILES STEADILY INCREASE AFTER REACHING LOWEST LEVEL IN A DECADE IN 2019 - EIA
After reaching their lowest level in more than a decade in March 2019, U.S. coal stockpiles steadily increased to 152 million tons in April 2020, r ...
Wednesday, 19 August 20
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX DOWN 0.26 PCT - XINHUA
China Taiyuan coal transaction price index stood at 124.92 points Monday, down 0.26 percent week on week.
The index, released by Chi ...
Wednesday, 19 August 20
COAL INDIA TRADE UNIONS DEFER DAY-LONG STRIKE: PTI
The unions had decided to go on strike against the commercial mining and the proposed divestment or buyback of shares of Coal India Ltd (CIL).
...
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- Edison Trading Spa - Italy
- Central Java Power - Indonesia
- Bangladesh Power Developement Board
- Jaiprakash Power Ventures ltd
- Petrochimia International Co. Ltd.- Taiwan
- Pipit Mutiara Jaya. PT, Indonesia
- Tata Chemicals Ltd - India
- Borneo Indobara - Indonesia
- Siam City Cement PLC, Thailand
- Bayan Resources Tbk. - Indonesia
- Timah Investasi Mineral - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- PTC India Limited - India
- CIMB Investment Bank - Malaysia
- Electricity Generating Authority of Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Petron Corporation, Philippines
- Riau Bara Harum - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Altura Mining Limited, Indonesia
- Mercuria Energy - Indonesia
- Georgia Ports Authority, United States
- Xindia Steels Limited - India
- Jindal Steel & Power Ltd - India
- Grasim Industreis Ltd - India
- London Commodity Brokers - England
- New Zealand Coal & Carbon
- International Coal Ventures Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Chamber of Mines of South Africa
- Malabar Cements Ltd - India
- MS Steel International - UAE
- Indonesian Coal Mining Association
- Agrawal Coal Company - India
- Vedanta Resources Plc - India
- Coal and Oil Company - UAE
- AsiaOL BioFuels Corp., Philippines
- Intertek Mineral Services - Indonesia
- Banpu Public Company Limited - Thailand
- PetroVietnam Power Coal Import and Supply Company
- Mjunction Services Limited - India
- Semirara Mining and Power Corporation, Philippines
- India Bulls Power Limited - India
- Videocon Industries ltd - India
- Star Paper Mills Limited - India
- Wood Mackenzie - Singapore
- Electricity Authority, New Zealand
- Gujarat Mineral Development Corp Ltd - India
- Indo Tambangraya Megah - Indonesia
- CNBM International Corporation - China
- Interocean Group of Companies - India
- Tamil Nadu electricity Board
- European Bulk Services B.V. - Netherlands
- Asmin Koalindo Tuhup - Indonesia
- Singapore Mercantile Exchange
- Kideco Jaya Agung - Indonesia
- Bhatia International Limited - India
- Cement Manufacturers Association - India
- White Energy Company Limited
- Coastal Gujarat Power Limited - India
- Eastern Coal Council - USA
- TeaM Sual Corporation - Philippines
- Neyveli Lignite Corporation Ltd, - India
- Medco Energi Mining Internasional
- Meenaskhi Energy Private Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- San Jose City I Power Corp, Philippines
- Port Waratah Coal Services - Australia
- Directorate Of Revenue Intelligence - India
- Jorong Barutama Greston.PT - Indonesia
- Toyota Tsusho Corporation, Japan
- The Treasury - Australian Government
- Directorate General of MIneral and Coal - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Sree Jayajothi Cements Limited - India
- Ambuja Cements Ltd - India
- IHS Mccloskey Coal Group - USA
- Standard Chartered Bank - UAE
- Marubeni Corporation - India
- Global Coal Blending Company Limited - Australia
- Karbindo Abesyapradhi - Indoneisa
- Mercator Lines Limited - India
- Price Waterhouse Coopers - Russia
- ASAPP Information Group - India
- Sical Logistics Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Kartika Selabumi Mining - Indonesia
- SMG Consultants - Indonesia
- Savvy Resources Ltd - HongKong
- Orica Mining Services - Indonesia
- Australian Commodity Traders Exchange
- Krishnapatnam Port Company Ltd. - India
- Africa Commodities Group - South Africa
- Makarim & Taira - Indonesia
- Pendopo Energi Batubara - Indonesia
- Bukit Baiduri Energy - Indonesia
- Goldman Sachs - Singapore
- Salva Resources Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- GMR Energy Limited - India
- Indika Energy - Indonesia
- Planning Commission, India
- Kohat Cement Company Ltd. - Pakistan
- Economic Council, Georgia
- Ministry of Finance - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Energy Link Ltd, New Zealand
- Minerals Council of Australia
- VISA Power Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Rio Tinto Coal - Australia
- Leighton Contractors Pty Ltd - Australia
- Posco Energy - South Korea
- Simpson Spence & Young - Indonesia
- Baramulti Group, Indonesia
- Sojitz Corporation - Japan
- Holcim Trading Pte Ltd - Singapore
- GVK Power & Infra Limited - India
- SN Aboitiz Power Inc, Philippines
- Thai Mozambique Logistica
- Orica Australia Pty. Ltd.
- Sinarmas Energy and Mining - Indonesia
- Bukit Makmur.PT - Indonesia
- Romanian Commodities Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sindya Power Generating Company Private Ltd
- Gujarat Electricity Regulatory Commission - India
- ICICI Bank Limited - India
- Therma Luzon, Inc, Philippines
- Carbofer General Trading SA - India
- Latin American Coal - Colombia
- Global Green Power PLC Corporation, Philippines
- Kumho Petrochemical, South Korea
- OPG Power Generation Pvt Ltd - India
- Indian Oil Corporation Limited
- Samtan Co., Ltd - South Korea
- Deloitte Consulting - India
- Anglo American - United Kingdom
- Dalmia Cement Bharat India
- Ind-Barath Power Infra Limited - India
- Madhucon Powers Ltd - India
- PNOC Exploration Corporation - Philippines
- Gujarat Sidhee Cement - India
- Binh Thuan Hamico - Vietnam
- Indian Energy Exchange, India
- Alfred C Toepfer International GmbH - Germany
- Wilmar Investment Holdings
- Global Business Power Corporation, Philippines
- Aditya Birla Group - India
- Bahari Cakrawala Sebuku - Indonesia
- Parliament of New Zealand
- Maheswari Brothers Coal Limited - India
- Billiton Holdings Pty Ltd - Australia
- Cigading International Bulk Terminal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Barasentosa Lestari - Indonesia
- Parry Sugars Refinery, India
- Formosa Plastics Group - Taiwan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Rashtriya Ispat Nigam Limited - India
- Central Electricity Authority - India
- Indogreen Group - Indonesia
- Ministry of Mines - Canada
- Ministry of Transport, Egypt
- McConnell Dowell - Australia
- Eastern Energy - Thailand
- Thiess Contractors Indonesia
- Bharathi Cement Corporation - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Trasteel International SA, Italy
- IEA Clean Coal Centre - UK
- Independent Power Producers Association of India
- PowerSource Philippines DevCo
- Energy Development Corp, Philippines
- Chettinad Cement Corporation Ltd - India
- Attock Cement Pakistan Limited
- Karaikal Port Pvt Ltd - India
- Siam City Cement - Thailand
- LBH Netherlands Bv - Netherlands
- Uttam Galva Steels Limited - India
- Lanco Infratech Ltd - India
- Sarangani Energy Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Kalimantan Lumbung Energi - Indonesia
- Straits Asia Resources Limited - Singapore
- Oldendorff Carriers - Singapore
- Bhushan Steel Limited - India
- Larsen & Toubro Limited - India
- Heidelberg Cement - Germany
- Kaltim Prima Coal - Indonesia
- The University of Queensland
- Kapuas Tunggal Persada - Indonesia
- SMC Global Power, Philippines
- The State Trading Corporation of India Ltd
- Semirara Mining Corp, Philippines
- Essar Steel Hazira Ltd - India
- Bhoruka Overseas - Indonesia
- Kepco SPC Power Corporation, Philippines
- Vizag Seaport Private Limited - India
- Power Finance Corporation Ltd., India
- Commonwealth Bank - Australia
- Kobexindo Tractors - Indoneisa
- South Luzon Thermal Energy Corporation
- Renaissance Capital - South Africa
- Metalloyd Limited - United Kingdom
- Coalindo Energy - Indonesia
- Sakthi Sugars Limited - India
- Aboitiz Power Corporation - Philippines
- Globalindo Alam Lestari - Indonesia
- Bulk Trading Sa - Switzerland
- Australian Coal Association
- Manunggal Multi Energi - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mintek Dendrill Indonesia
- Meralco Power Generation, Philippines
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