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Saturday, 27 February 21
MITSUBISHI PULLS OUT OF VINH TAN 3 COAL PROJECT IN VIETNAM - NIKKEI ASIA
Japanese trading house Mitsubishi Corp. decided Thursday to withdraw from the Vinh Tan 3 coal-fired power plant project in Vietnam amid growing international concern about climate change, Nikkei has learned.
The project is separate from the Vung Ang 2 coal power plant, which the governments of Japan and Vietnam are pursuing together. Environmental activist Greta Thunberg has called for the cancellation of Vung Ang 2.
Vinh Tan 3, planned for Binh Thuan Province in southern Vietnam, is scheduled to come online in 2024. The 2-gigawatt plant is expected to feature cutting-edge ultra-supercritical technology.
OneEnergy, a joint venture of Mitsubishi and Hong Kong’s CLP group, holds a 49% interest in the $2 billion project. State-owned Electricity of Vietnam owns another 29%. Chinese companies are handling materials procurement, construction and equipment delivery. The banking consortium behind Vinh Tan 3 includes Industrial and Commercial Bank of China. Standard Chartered and HSBC have pulled financing from the power plant.
Unlike Vung Ang 2, Vinh Tan 3 is not a national project, and the start date for construction has already been delayed, making it easier to bow out.
This marks Mitsubishi’s first time withdrawing from a coal plant project. The trading house has said it will not build any new facilities of this type after Vung Ang 2. It plans to contribute to development on power projects that are less harmful to the environment, including liquefied natural gas and renewables such as solar.
Source: Nikkei Asia
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Wednesday, 30 June 21
BUMA SIGNED MINING AGREEMENT WITH ADARO
PT Delta Dunia Makmur Tbk. announced that its subsidiary, PT Bukit Makmur Mandiri Utama ("BUMA"), has entered into an agreement for the p ...
Wednesday, 30 June 21
MARKET INSIGHT - INTERMODAL
The strong freight performance since the beginning of year has continued for the dry bulk market with earnings being at the highest level in over a ...
Monday, 28 June 21
MINISTRY OF ENERGY AND MINERAL RESOURCES OF INDONESIA THREATENS TO REVOKE 2,350 MINING BUSINESS PERMITS
The Ministry of Energy and Mineral Resources said that the revocation of mining business permits was in accordance with President Jokowi's inst ...
Sunday, 27 June 21
INDONESIA'S STATE-OWNED UTILITY PLN'S 2060 NET ZERO AMBITION NOT WITHOUT FLAWS AND GAPS - IEEFA
Indonesia on the right emissions reduction pathway but same old coal stories persist
Recent announcements by Indonesia’s state-owned uti ...
Saturday, 26 June 21
COAL PRICES HIT DECADE HIGH DESPITE EFFORTS TO WEAN THE WORLD OFF CARBON - WSJ
Rebounding electricity usage and scanty rainfall in China have added fuel to the rally
Coal prices have climbed to their highest lev ...
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- Maharashtra Electricity Regulatory Commission - India
- AsiaOL BioFuels Corp., Philippines
- GMR Energy Limited - India
- Bukit Baiduri Energy - Indonesia
- New Zealand Coal & Carbon
- Meenaskhi Energy Private Limited - India
- Global Coal Blending Company Limited - Australia
- The University of Queensland
- Standard Chartered Bank - UAE
- Mercator Lines Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Parliament of New Zealand
- Bhoruka Overseas - Indonesia
- Sarangani Energy Corporation, Philippines
- London Commodity Brokers - England
- Xindia Steels Limited - India
- Karaikal Port Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Mercuria Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- SN Aboitiz Power Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Latin American Coal - Colombia
- Baramulti Group, Indonesia
- Coalindo Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Marubeni Corporation - India
- Coal and Oil Company - UAE
- PTC India Limited - India
- Essar Steel Hazira Ltd - India
- Bharathi Cement Corporation - India
- Billiton Holdings Pty Ltd - Australia
- Heidelberg Cement - Germany
- Banpu Public Company Limited - Thailand
- Tamil Nadu electricity Board
- PetroVietnam Power Coal Import and Supply Company
- Star Paper Mills Limited - India
- Binh Thuan Hamico - Vietnam
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Power Finance Corporation Ltd., India
- PNOC Exploration Corporation - Philippines
- Interocean Group of Companies - India
- Sindya Power Generating Company Private Ltd
- India Bulls Power Limited - India
- Energy Development Corp, Philippines
- Indian Energy Exchange, India
- Barasentosa Lestari - Indonesia
- Indogreen Group - Indonesia
- SMC Global Power, Philippines
- Chamber of Mines of South Africa
- Savvy Resources Ltd - HongKong
- SMG Consultants - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Uttam Galva Steels Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Meralco Power Generation, Philippines
- Global Green Power PLC Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Karbindo Abesyapradhi - Indoneisa
- Simpson Spence & Young - Indonesia
- Siam City Cement - Thailand
- Globalindo Alam Lestari - Indonesia
- Malabar Cements Ltd - India
- Renaissance Capital - South Africa
- Ceylon Electricity Board - Sri Lanka
- Electricity Authority, New Zealand
- GAC Shipping (India) Pvt Ltd
- Iligan Light & Power Inc, Philippines
- Lanco Infratech Ltd - India
- The State Trading Corporation of India Ltd
- Leighton Contractors Pty Ltd - Australia
- GVK Power & Infra Limited - India
- Bhatia International Limited - India
- Thai Mozambique Logistica
- ASAPP Information Group - India
- San Jose City I Power Corp, Philippines
- Trasteel International SA, Italy
- Deloitte Consulting - India
- Sojitz Corporation - Japan
- Pendopo Energi Batubara - Indonesia
- Merrill Lynch Commodities Europe
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bangladesh Power Developement Board
- Price Waterhouse Coopers - Russia
- Global Business Power Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Sidhee Cement - India
- Independent Power Producers Association of India
- Bhushan Steel Limited - India
- Bayan Resources Tbk. - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Romanian Commodities Exchange
- Minerals Council of Australia
- Timah Investasi Mineral - Indoneisa
- International Coal Ventures Pvt Ltd - India
- Australian Coal Association
- Maheswari Brothers Coal Limited - India
- Grasim Industreis Ltd - India
- Singapore Mercantile Exchange
- Anglo American - United Kingdom
- Orica Australia Pty. Ltd.
- VISA Power Limited - India
- LBH Netherlands Bv - Netherlands
- Thiess Contractors Indonesia
- Metalloyd Limited - United Kingdom
- Indonesian Coal Mining Association
- Goldman Sachs - Singapore
- Ambuja Cements Ltd - India
- Videocon Industries ltd - India
- Madhucon Powers Ltd - India
- Semirara Mining Corp, Philippines
- Energy Link Ltd, New Zealand
- Directorate Of Revenue Intelligence - India
- Miang Besar Coal Terminal - Indonesia
- Georgia Ports Authority, United States
- Makarim & Taira - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Edison Trading Spa - Italy
- Bahari Cakrawala Sebuku - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Formosa Plastics Group - Taiwan
- Mintek Dendrill Indonesia
- Ministry of Finance - Indonesia
- PowerSource Philippines DevCo
- Pipit Mutiara Jaya. PT, Indonesia
- Aboitiz Power Corporation - Philippines
- Aditya Birla Group - India
- Port Waratah Coal Services - Australia
- IHS Mccloskey Coal Group - USA
- Jaiprakash Power Ventures ltd
- Posco Energy - South Korea
- CIMB Investment Bank - Malaysia
- South Luzon Thermal Energy Corporation
- Salva Resources Pvt Ltd - India
- Commonwealth Bank - Australia
- Rio Tinto Coal - Australia
- Sakthi Sugars Limited - India
- Intertek Mineral Services - Indonesia
- Wilmar Investment Holdings
- Vedanta Resources Plc - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Krishnapatnam Port Company Ltd. - India
- Kumho Petrochemical, South Korea
- Kaltim Prima Coal - Indonesia
- Oldendorff Carriers - Singapore
- CNBM International Corporation - China
- Larsen & Toubro Limited - India
- Central Electricity Authority - India
- European Bulk Services B.V. - Netherlands
- Gujarat Electricity Regulatory Commission - India
- Straits Asia Resources Limited - Singapore
- Riau Bara Harum - Indonesia
- Indian Oil Corporation Limited
- The Treasury - Australian Government
- Medco Energi Mining Internasional
- IEA Clean Coal Centre - UK
- GN Power Mariveles Coal Plant, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Orica Mining Services - Indonesia
- MS Steel International - UAE
- Eastern Coal Council - USA
- Africa Commodities Group - South Africa
- Eastern Energy - Thailand
- Dalmia Cement Bharat India
- Gujarat Mineral Development Corp Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kobexindo Tractors - Indoneisa
- Bukit Makmur.PT - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Borneo Indobara - Indonesia
- Bulk Trading Sa - Switzerland
- Central Java Power - Indonesia
- Tata Chemicals Ltd - India
- Toyota Tsusho Corporation, Japan
- Wood Mackenzie - Singapore
- Kepco SPC Power Corporation, Philippines
- Economic Council, Georgia
- Australian Commodity Traders Exchange
- Vizag Seaport Private Limited - India
- Mjunction Services Limited - India
- Carbofer General Trading SA - India
- White Energy Company Limited
- Indika Energy - Indonesia
- Planning Commission, India
- Semirara Mining and Power Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Electricity Generating Authority of Thailand
- Cement Manufacturers Association - India
- Attock Cement Pakistan Limited
- OPG Power Generation Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Ministry of Mines - Canada
- Kartika Selabumi Mining - Indonesia
- McConnell Dowell - Australia
- Jorong Barutama Greston.PT - Indonesia
- Indo Tambangraya Megah - Indonesia
- Altura Mining Limited, Indonesia
- Manunggal Multi Energi - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Parry Sugars Refinery, India
- Kalimantan Lumbung Energi - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Agrawal Coal Company - India
- Therma Luzon, Inc, Philippines
- Sree Jayajothi Cements Limited - India
- Ind-Barath Power Infra Limited - India
- Antam Resourcindo - Indonesia
- ICICI Bank Limited - India
- TeaM Sual Corporation - Philippines
- Chettinad Cement Corporation Ltd - India
- Jindal Steel & Power Ltd - India
- Sical Logistics Limited - India
- Petron Corporation, Philippines
- Ministry of Transport, Egypt
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