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Sunday, 01 November 20
GRADUAL RECOVERY FOR INDONESIAN COAL FROM 4Q20; RISKS REMAIN - FITCH RATINGS
Fitch Ratings expects the credit metrics of Indonesian coal miners and coal contractors to improve from 4Q20 with the recovery in volumes and prices. Fitch also expects the recovery to continue into 2021, as we do not envisage a second round of strict lockdowns.
Fitch has revised its full-year coal-price assumptions, and also assumes lower volumes of 84%-89% of 2019 levels in 2020, reflecting weaker seaborne coal demand, before recovering gradually in 2021. There are further downside risks to volumes beyond our estimates, from a sustained weakness in coal prices.
Fitch also said, credit metrics of most Indonesian miners and contractors are likely to decline in 2020 close to - or beyond - our negative rating action triggers, affected by lower profitability and weaker volumes before recovering in 2021. Recurring sporadic lockdowns are likely to delay revival in economic growth, and in turn hurt demand for coal in key import markets.
Fitch also said, we envisage the ratings on most of the Indonesian coal companies to be at risk if the current weak coal price and demand environment continues into 2021. PT Bukit Makmur Mandiri Utama (BUMA, BB-), PT ABM Investama Tbk (ABM, B+) and PT Indika Energy Tbk (Indika, BB-), which are currently on Negative Outlook, are the most prone to a rating downgrade.
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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 ...
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, ...
Showing 11 to 15 news of total 6208
Medco Energi Mining Internasional
MS Steel International - UAE
Romanian Commodities Exchange
Sinarmas Energy and Mining - Indonesia
Posco Energy - South Korea
Meralco Power Generation, Philippines
Karbindo Abesyapradhi - Indoneisa
Latin American Coal - Colombia
Interocean Group of Companies - India
Aditya Birla Group - India
Central Java Power - Indonesia
Siam City Cement PLC, Thailand
London Commodity Brokers - England
Parry Sugars Refinery, India
Jaiprakash Power Ventures ltd
Georgia Ports Authority, United States
Carbofer General Trading SA - India
Agrawal Coal Company - India
VISA Power Limited - India
Bulk Trading Sa - Switzerland
Therma Luzon, Inc, Philippines
Heidelberg Cement - Germany
CIMB Investment Bank - Malaysia
European Bulk Services B.V. - Netherlands
Planning Commission, India
IHS Mccloskey Coal Group - USA
Iligan Light & Power Inc, Philippines
Simpson Spence & Young - Indonesia
Jindal Steel & Power Ltd - India
Baramulti Group, Indonesia
Vedanta Resources Plc - India
Bahari Cakrawala Sebuku - Indonesia
Banpu Public Company Limited - Thailand
Coal and Oil Company - UAE
Oldendorff Carriers - Singapore
Ministry of Transport, Egypt
SN Aboitiz Power Inc, Philippines
Global Green Power PLC Corporation, Philippines
Rashtriya Ispat Nigam Limited - India
Sakthi Sugars Limited - India
Pipit Mutiara Jaya. PT, Indonesia
Star Paper Mills Limited - India
Global Business Power Corporation, Philippines
SMC Global Power, Philippines
Ministry of Mines - Canada
Mjunction Services Limited - India
Eastern Coal Council - USA
Renaissance Capital - South Africa
Intertek Mineral Services - Indonesia
Lanco Infratech Ltd - India
Siam City Cement - Thailand
Altura Mining Limited, Indonesia
Truba Alam Manunggal Engineering.Tbk - Indonesia
South Luzon Thermal Energy Corporation
ASAPP Information Group - India
Maharashtra Electricity Regulatory Commission - India
PTC India Limited - India
Barasentosa Lestari - Indonesia
Indo Tambangraya Megah - Indonesia
Minerals Council of Australia
Formosa Plastics Group - Taiwan
Timah Investasi Mineral - Indoneisa
Gujarat Electricity Regulatory Commission - India
Thai Mozambique Logistica
Commonwealth Bank - Australia
The University of Queensland
Vizag Seaport Private Limited - India
PetroVietnam Power Coal Import and Supply Company
Metalloyd Limited - United Kingdom
Makarim & Taira - Indonesia
Gujarat Mineral Development Corp Ltd - India
International Coal Ventures Pvt Ltd - India
Standard Chartered Bank - UAE
Economic Council, Georgia
Petron Corporation, Philippines
Petrochimia International Co. Ltd.- Taiwan
Borneo Indobara - Indonesia
New Zealand Coal & Carbon
Xindia Steels Limited - India
Singapore Mercantile Exchange
Dalmia Cement Bharat India
TeaM Sual Corporation - Philippines
GVK Power & Infra Limited - India
Miang Besar Coal Terminal - Indonesia
Bank of Tokyo Mitsubishi UFJ Ltd
India Bulls Power Limited - India
Ceylon Electricity Board - Sri Lanka
Cement Manufacturers Association - India
Billiton Holdings Pty Ltd - Australia
Electricity Generating Authority of Thailand
Larsen & Toubro Limited - India
Pendopo Energi Batubara - Indonesia
Attock Cement Pakistan Limited
Kalimantan Lumbung Energi - Indonesia
CNBM International Corporation - China
Gujarat Sidhee Cement - India
Dr Ramakrishna Prasad Power Pvt Ltd - India
GN Power Mariveles Coal Plant, Philippines
Meenaskhi Energy Private Limited - India
Globalindo Alam Lestari - Indonesia
Anglo American - United Kingdom
Australian Commodity Traders Exchange
Semirara Mining Corp, Philippines
Salva Resources Pvt Ltd - India
Essar Steel Hazira Ltd - India
Australian Coal Association
Kapuas Tunggal Persada - Indonesia
Asia Pacific Energy Resources Ventures Inc, Philippines
Kobexindo Tractors - Indoneisa
Indika Energy - Indonesia
Wood Mackenzie - Singapore
Ind-Barath Power Infra Limited - India
Edison Trading Spa - Italy
GAC Shipping (India) Pvt Ltd
Sree Jayajothi Cements Limited - India
Alfred C Toepfer International GmbH - Germany
Leighton Contractors Pty Ltd - Australia
Energy Link Ltd, New Zealand
The State Trading Corporation of India Ltd
Vijayanagar Sugar Pvt Ltd - India
LBH Netherlands Bv - Netherlands
Directorate Of Revenue Intelligence - India
Maheswari Brothers Coal Limited - India
Madhucon Powers Ltd - India
Thiess Contractors Indonesia
Bukit Asam (Persero) Tbk - Indonesia
Bhoruka Overseas - Indonesia
Wilmar Investment Holdings
ICICI Bank Limited - India
Kepco SPC Power Corporation, Philippines
Global Coal Blending Company Limited - Australia
SMG Consultants - Indonesia
Eastern Energy - Thailand
Bangladesh Power Developement Board
GMR Energy Limited - India
TNB Fuel Sdn Bhd - Malaysia
Offshore Bulk Terminal Pte Ltd, Singapore
OPG Power Generation Pvt Ltd - India
Power Finance Corporation Ltd., India
PNOC Exploration Corporation - Philippines
Jorong Barutama Greston.PT - Indonesia
Riau Bara Harum - Indonesia
Tamil Nadu electricity Board
Bharathi Cement Corporation - India
Videocon Industries ltd - India
Directorate General of MIneral and Coal - Indonesia
Mercuria Energy - Indonesia
Merrill Lynch Commodities Europe
Chamber of Mines of South Africa
Deloitte Consulting - India
Karaikal Port Pvt Ltd - India
Bhatia International Limited - India
Trasteel International SA, Italy
Mintek Dendrill Indonesia
Grasim Industreis Ltd - India
Samtan Co., Ltd - South Korea
Rio Tinto Coal - Australia
Kumho Petrochemical, South Korea
Indian Oil Corporation Limited
Bukit Baiduri Energy - Indonesia
IEA Clean Coal Centre - UK
Savvy Resources Ltd - HongKong
Goldman Sachs - Singapore
Kideco Jaya Agung - Indonesia
San Jose City I Power Corp, Philippines
Chettinad Cement Corporation Ltd - India
Orica Mining Services - Indonesia
McConnell Dowell - Australia
Price Waterhouse Coopers - Russia
Africa Commodities Group - South Africa
Bhushan Steel Limited - India
Orica Australia Pty. Ltd.
Coalindo Energy - Indonesia
Sojitz Corporation - Japan
Marubeni Corporation - India
Parliament of New Zealand
Tata Chemicals Ltd - India
Krishnapatnam Port Company Ltd. - India
Ambuja Cements Ltd - India
Ministry of Finance - Indonesia
Indogreen Group - Indonesia
AsiaOL BioFuels Corp., Philippines
Cigading International Bulk Terminal - Indonesia
Indonesian Coal Mining Association
Malabar Cements Ltd - India
Filglen & Citicon Mining (HK) Ltd - Hong Kong
Semirara Mining and Power Corporation, Philippines
Kartika Selabumi Mining - Indonesia
Neyveli Lignite Corporation Ltd, - India
Sarangani Energy Corporation, Philippines
Kohat Cement Company Ltd. - Pakistan
Straits Asia Resources Limited - Singapore
Asmin Koalindo Tuhup - Indonesia
Bayan Resources Tbk. - Indonesia
Toyota Tsusho Corporation, Japan
White Energy Company Limited
Mercator Lines Limited - India
Coastal Gujarat Power Limited - India
The Treasury - Australian Government
Manunggal Multi Energi - Indonesia
Antam Resourcindo - Indonesia
Sindya Power Generating Company Private Ltd
Binh Thuan Hamico - Vietnam
Port Waratah Coal Services - Australia
Energy Development Corp, Philippines
Sical Logistics Limited - India
Dong Bac Coal Mineral Investment Coporation - Vietnam
Independent Power Producers Association of India
Holcim Trading Pte Ltd - Singapore
Uttam Galva Steels Limited - India
Aboitiz Power Corporation - Philippines
Bukit Makmur.PT - Indonesia
Kaltim Prima Coal - Indonesia
Central Electricity Authority - India
PowerSource Philippines DevCo