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Thursday, 26 November 20
COAL FINANCING QUICKLY DRYING UP WORLDWIDE - ANALYSTS : REUTERS
Financing for coal projects is drying up at ever increasing rates as more countries target zero carbon emissions amid an energy transition sweeping the world, participants at Asia’s biggest gathering of the coal industry said on Tuesday.
The exit from coal by big international banks and government-backed agencies, which has accelerated this year, is likely to push coal companies to use offsets to get funding and listed ones to go private to avoid shareholder pressure as the dirtiest fossil fuel is increasingly shunned.
With insurance companies, banks and other financiers pulling out of coal “we are seeing a real tide of all these forces moving in capital markets,” Lachlan Shaw, head of commodities research at ANZ, said at the virtual Coaltrans Asia conference. “What’s changed more recently is we have seen China, Japan and South Korea all commit to net-zero carbon emissions targets,” he said.
Carbon trading and offsets will become important tools companies to get finance for new projects, so they “can go to the financial markets and say we have a package here that is totally offset from a carbon emissions point of view,” he said.
Shaw said he expects more public listed companies to go private as shareholders focus more on the risks to investments from coal.
Even cleaner projects such as a coal gasification plant in Indonesia under consideration by coal miner PT Bukit Asam will struggle to obtain finance, said Ben Lawson, vice-chairman of the Djakarta Mining Club and chief operating officer of PT Sandman Coal Indonesia. “Even though gasification is the cleanest way of extracting power or downstream product for coal, its still coal,” he told the conference. To get financing, “I think its going to be a hard sell.”
- Aaron Sheldrick and Fransiska Nangoy -
Source: Reuters
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Friday, 15 January 21
OVER US$50 BILLION IN GAS POWER PROJECTS AND LNG IMPORT FACILITIES AT RISK OF CANCELLATION IN BANGLADESH, PAKISTAN AND VIETNAM - IEEFA
Pakistan and Bangladesh have already cancelled tenders for LNG imports
Emerging markets such as Vietnam, Pakistan and Bangladesh tha ...
Friday, 15 January 21
VIETNAM'S EXTRAORDINARY ROOFTOP SOLAR SUCCESS DEALS ANOTHER BLOW TO THE REMAINING COAL PIPELINE - IEEFA
9.3 gigawatts peak of solar capacity, equal to 6 coal power plants, installed in less than a year
Vietnam’s solar power indust ...
Friday, 15 January 21
CHINA'S BENCHMARK POWER COAL PRICE EDGES UP - XINHUA
China’s benchmark power coal price rose slightly during the past week.
The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge of ...
Thursday, 14 January 21
KOREA MIDLAND POWER INVITED BIDS FOR AUSTRALIAN COAL FOR THREE YEARS SUPPLY
COALspot.com: Korea Midland Power Co. Ltd, issued an International tender for total 1,560,000 MT of Min.5,700 kcal/kg NCV coal of Australian Origin ...
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 ...
Showing 6 to 10 news of total 6208
Miang Besar Coal Terminal - Indonesia
Uttam Galva Steels Limited - India
Wood Mackenzie - Singapore
Australian Commodity Traders Exchange
Sree Jayajothi Cements Limited - India
Coastal Gujarat Power Limited - India
Straits Asia Resources Limited - Singapore
Grasim Industreis Ltd - India
Bahari Cakrawala Sebuku - Indonesia
Planning Commission, India
Therma Luzon, Inc, Philippines
Interocean Group of Companies - India
Thiess Contractors Indonesia
Tamil Nadu electricity Board
Directorate General of MIneral and Coal - Indonesia
Maheswari Brothers Coal Limited - India
Deloitte Consulting - India
Thai Mozambique Logistica
Dong Bac Coal Mineral Investment Coporation - Vietnam
Videocon Industries ltd - India
Indo Tambangraya Megah - Indonesia
Salva Resources Pvt Ltd - India
Marubeni Corporation - India
Maharashtra Electricity Regulatory Commission - India
Globalindo Alam Lestari - Indonesia
Altura Mining Limited, Indonesia
Savvy Resources Ltd - HongKong
Gujarat Electricity Regulatory Commission - India
Baramulti Group, Indonesia
Metalloyd Limited - United Kingdom
Coal and Oil Company - UAE
SN Aboitiz Power Inc, Philippines
Bharathi Cement Corporation - India
Medco Energi Mining Internasional
Banpu Public Company Limited - Thailand
SMC Global Power, Philippines
Parry Sugars Refinery, India
Offshore Bulk Terminal Pte Ltd, Singapore
Economic Council, Georgia
Global Business Power Corporation, Philippines
San Jose City I Power Corp, Philippines
Kapuas Tunggal Persada - Indonesia
Xindia Steels Limited - India
Orica Mining Services - Indonesia
Asia Pacific Energy Resources Ventures Inc, Philippines
Karbindo Abesyapradhi - Indoneisa
Romanian Commodities Exchange
Petrochimia International Co. Ltd.- Taiwan
Borneo Indobara - Indonesia
GVK Power & Infra Limited - India
Sical Logistics Limited - India
Bukit Makmur.PT - Indonesia
Price Waterhouse Coopers - Russia
Vizag Seaport Private Limited - India
Sarangani Energy Corporation, Philippines
Larsen & Toubro Limited - India
Ministry of Mines - Canada
Kepco SPC Power Corporation, Philippines
Vedanta Resources Plc - India
Bayan Resources Tbk. - Indonesia
Indika Energy - Indonesia
Independent Power Producers Association of India
ASAPP Information Group - India
Ministry of Transport, Egypt
Georgia Ports Authority, United States
CNBM International Corporation - China
Alfred C Toepfer International GmbH - Germany
Ind-Barath Power Infra Limited - India
International Coal Ventures Pvt Ltd - India
Directorate Of Revenue Intelligence - India
Pendopo Energi Batubara - Indonesia
ICICI Bank Limited - India
Indian Oil Corporation Limited
Oldendorff Carriers - Singapore
Latin American Coal - Colombia
Power Finance Corporation Ltd., India
Billiton Holdings Pty Ltd - Australia
Bhoruka Overseas - Indonesia
Madhucon Powers Ltd - India
Meralco Power Generation, Philippines
Gujarat Sidhee Cement - India
The Treasury - Australian Government
Standard Chartered Bank - UAE
Ministry of Finance - Indonesia
Kaltim Prima Coal - Indonesia
Sakthi Sugars Limited - India
Kideco Jaya Agung - Indonesia
CIMB Investment Bank - Malaysia
Trasteel International SA, Italy
Port Waratah Coal Services - Australia
Aboitiz Power Corporation - Philippines
Coalindo Energy - Indonesia
Rashtriya Ispat Nigam Limited - India
Intertek Mineral Services - Indonesia
Chamber of Mines of South Africa
Rio Tinto Coal - Australia
Dr Ramakrishna Prasad Power Pvt Ltd - India
Meenaskhi Energy Private Limited - India
Edison Trading Spa - Italy
PetroVietnam Power Coal Import and Supply Company
LBH Netherlands Bv - Netherlands
Posco Energy - South Korea
Global Coal Blending Company Limited - Australia
Central Electricity Authority - India
London Commodity Brokers - England
Toyota Tsusho Corporation, Japan
GMR Energy Limited - India
Singapore Mercantile Exchange
Africa Commodities Group - South Africa
TNB Fuel Sdn Bhd - Malaysia
McConnell Dowell - Australia
Barasentosa Lestari - Indonesia
Global Green Power PLC Corporation, Philippines
MS Steel International - UAE
Kohat Cement Company Ltd. - Pakistan
Malabar Cements Ltd - India
Energy Development Corp, Philippines
Wilmar Investment Holdings
Eastern Energy - Thailand
Pipit Mutiara Jaya. PT, Indonesia
Jaiprakash Power Ventures ltd
South Luzon Thermal Energy Corporation
New Zealand Coal & Carbon
Semirara Mining and Power Corporation, Philippines
Bangladesh Power Developement Board
Riau Bara Harum - Indonesia
TeaM Sual Corporation - Philippines
Filglen & Citicon Mining (HK) Ltd - Hong Kong
Dalmia Cement Bharat India
Mercator Lines Limited - India
Merrill Lynch Commodities Europe
Kartika Selabumi Mining - Indonesia
Sojitz Corporation - Japan
Central Java Power - Indonesia
IEA Clean Coal Centre - UK
AsiaOL BioFuels Corp., Philippines
Binh Thuan Hamico - Vietnam
Orica Australia Pty. Ltd.
VISA Power Limited - India
Agrawal Coal Company - India
Mjunction Services Limited - India
Attock Cement Pakistan Limited
Mercuria Energy - Indonesia
Kobexindo Tractors - Indoneisa
Simpson Spence & Young - Indonesia
Petron Corporation, Philippines
Siam City Cement PLC, Thailand
Karaikal Port Pvt Ltd - India
Essar Steel Hazira Ltd - India
Commonwealth Bank - Australia
Sindya Power Generating Company Private Ltd
Siam City Cement - Thailand
Antam Resourcindo - Indonesia
Electricity Generating Authority of Thailand
Parliament of New Zealand
Chettinad Cement Corporation Ltd - India
Kumho Petrochemical, South Korea
Krishnapatnam Port Company Ltd. - India
European Bulk Services B.V. - Netherlands
Goldman Sachs - Singapore
PTC India Limited - India
Holcim Trading Pte Ltd - Singapore
Indonesian Coal Mining Association
The State Trading Corporation of India Ltd
White Energy Company Limited
Formosa Plastics Group - Taiwan
Leighton Contractors Pty Ltd - Australia
Eastern Coal Council - USA
Minerals Council of Australia
Asmin Koalindo Tuhup - Indonesia
Star Paper Mills Limited - India
GN Power Mariveles Coal Plant, Philippines
Bhushan Steel Limited - India
Mintek Dendrill Indonesia
Jorong Barutama Greston.PT - Indonesia
Heidelberg Cement - Germany
Lanco Infratech Ltd - India
Renaissance Capital - South Africa
Anglo American - United Kingdom
Ceylon Electricity Board - Sri Lanka
Kalimantan Lumbung Energi - Indonesia
Sinarmas Energy and Mining - Indonesia
Bukit Asam (Persero) Tbk - Indonesia
Samtan Co., Ltd - South Korea
Bank of Tokyo Mitsubishi UFJ Ltd
IHS Mccloskey Coal Group - USA
Neyveli Lignite Corporation Ltd, - India
Ambuja Cements Ltd - India
Gujarat Mineral Development Corp Ltd - India
Energy Link Ltd, New Zealand
India Bulls Power Limited - India
Tata Chemicals Ltd - India
The University of Queensland
Bukit Baiduri Energy - Indonesia
Vijayanagar Sugar Pvt Ltd - India
Australian Coal Association
Cigading International Bulk Terminal - Indonesia
OPG Power Generation Pvt Ltd - India
Carbofer General Trading SA - India
Indogreen Group - Indonesia
Bulk Trading Sa - Switzerland
Timah Investasi Mineral - Indoneisa
PowerSource Philippines DevCo
PNOC Exploration Corporation - Philippines
Bhatia International Limited - India
Makarim & Taira - Indonesia
SMG Consultants - Indonesia
Truba Alam Manunggal Engineering.Tbk - Indonesia
GAC Shipping (India) Pvt Ltd
Aditya Birla Group - India
Semirara Mining Corp, Philippines
Manunggal Multi Energi - Indonesia
Iligan Light & Power Inc, Philippines
Jindal Steel & Power Ltd - India
Cement Manufacturers Association - India