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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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Saturday, 05 June 21
IT'S TIME FOR THE BIDEN ADMINISTRATION TO CHAMPION RENEWABLE ENERGY IN THE PHILIPPINES, NOT NUCLEAR OR FOSSIL GAS - IEEFA
Fossil gas and nuclear investments risk locking in costly, outdated infrastructure for the long-term
The United States has spent the ...
Friday, 04 June 21
NEW COAL-FIRED POWER PLANTS IN INDIA WILL BE ECONOMICALLY UNVIABLE - IEEFA
Coal capacity additions face major stranded asset risk
Much of India’s 33 gigawatts (GW) of coal-fired power capacity currently under co ...
Thursday, 03 June 21
JUNE HBA IS HITTING ABOVE $100 AND SETTLED AT ITS HIGHEST SINCE OCTOBER 2020
COALspot.com: The Indonesia coal price reference for June 2021 settles at US$ 100.33 per ton FOB vessel.
The Indonesia coal pr ...
Wednesday, 02 June 21
INDONESIA RV WAS DOWN TO LOW/MID $20,000S DAY FOR PANAMAX/KAMSARMAX WITH DELIVERY S CHINA - BANCHERO COSTA
Panamax
A softening week in the Pacific basin with rates under a downward pressure mainly caused by the oversupply of tonnage in the area, said ...
Wednesday, 02 June 21
EUROPEAN UNION'S IRON ORE IMPORTS - BANCHERO COSTA
The European Union (27) is currently the fourth largest importer of iron ore in the world, after China, Japan, and South Korea.
Euro ...
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- Global Coal Blending Company Limited - Australia
- Asmin Koalindo Tuhup - Indonesia
- Australian Commodity Traders Exchange
- Mercator Lines Limited - India
- Sakthi Sugars Limited - India
- LBH Netherlands Bv - Netherlands
- Borneo Indobara - Indonesia
- Rashtriya Ispat Nigam Limited - India
- SN Aboitiz Power Inc, Philippines
- Toyota Tsusho Corporation, Japan
- Straits Asia Resources Limited - Singapore
- Eastern Coal Council - USA
- Eastern Energy - Thailand
- Trasteel International SA, Italy
- Siam City Cement PLC, Thailand
- Vedanta Resources Plc - India
- CNBM International Corporation - China
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Jaiprakash Power Ventures ltd
- Star Paper Mills Limited - India
- Oldendorff Carriers - Singapore
- Timah Investasi Mineral - Indoneisa
- Karbindo Abesyapradhi - Indoneisa
- Tata Chemicals Ltd - India
- Georgia Ports Authority, United States
- GMR Energy Limited - India
- Anglo American - United Kingdom
- Lanco Infratech Ltd - India
- Edison Trading Spa - Italy
- Economic Council, Georgia
- Siam City Cement - Thailand
- Energy Development Corp, Philippines
- Ministry of Mines - Canada
- Dalmia Cement Bharat India
- San Jose City I Power Corp, Philippines
- Power Finance Corporation Ltd., India
- Kumho Petrochemical, South Korea
- The University of Queensland
- Gujarat Mineral Development Corp Ltd - India
- Banpu Public Company Limited - Thailand
- Alfred C Toepfer International GmbH - Germany
- Merrill Lynch Commodities Europe
- Jindal Steel & Power Ltd - India
- Singapore Mercantile Exchange
- White Energy Company Limited
- GVK Power & Infra Limited - India
- Iligan Light & Power Inc, Philippines
- Indogreen Group - Indonesia
- Gujarat Sidhee Cement - India
- Holcim Trading Pte Ltd - Singapore
- Minerals Council of Australia
- Meralco Power Generation, Philippines
- CIMB Investment Bank - Malaysia
- Attock Cement Pakistan Limited
- Africa Commodities Group - South Africa
- Kalimantan Lumbung Energi - Indonesia
- Renaissance Capital - South Africa
- Carbofer General Trading SA - India
- Meenaskhi Energy Private Limited - India
- Indika Energy - Indonesia
- Tamil Nadu electricity Board
- Directorate Of Revenue Intelligence - India
- Coalindo Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- ICICI Bank Limited - India
- Interocean Group of Companies - India
- Wilmar Investment Holdings
- Ambuja Cements Ltd - India
- Bangladesh Power Developement Board
- Bukit Makmur.PT - Indonesia
- Therma Luzon, Inc, Philippines
- Karaikal Port Pvt Ltd - India
- India Bulls Power Limited - India
- New Zealand Coal & Carbon
- Formosa Plastics Group - Taiwan
- Semirara Mining Corp, Philippines
- PowerSource Philippines DevCo
- TeaM Sual Corporation - Philippines
- Aboitiz Power Corporation - Philippines
- Metalloyd Limited - United Kingdom
- Ministry of Finance - Indonesia
- Mintek Dendrill Indonesia
- Posco Energy - South Korea
- Bhoruka Overseas - Indonesia
- PNOC Exploration Corporation - Philippines
- Australian Coal Association
- Intertek Mineral Services - Indonesia
- Indian Oil Corporation Limited
- Kideco Jaya Agung - Indonesia
- Parry Sugars Refinery, India
- The State Trading Corporation of India Ltd
- Billiton Holdings Pty Ltd - Australia
- Planning Commission, India
- PetroVietnam Power Coal Import and Supply Company
- AsiaOL BioFuels Corp., Philippines
- Latin American Coal - Colombia
- PTC India Limited - India
- Gujarat Electricity Regulatory Commission - India
- Sojitz Corporation - Japan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Barasentosa Lestari - Indonesia
- Commonwealth Bank - Australia
- Indian Energy Exchange, India
- Thai Mozambique Logistica
- IHS Mccloskey Coal Group - USA
- Xindia Steels Limited - India
- Sree Jayajothi Cements Limited - India
- Bayan Resources Tbk. - Indonesia
- Marubeni Corporation - India
- Kapuas Tunggal Persada - Indonesia
- Standard Chartered Bank - UAE
- Miang Besar Coal Terminal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Mercuria Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Maharashtra Electricity Regulatory Commission - India
- Semirara Mining and Power Corporation, Philippines
- MS Steel International - UAE
- Bharathi Cement Corporation - India
- Directorate General of MIneral and Coal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Port Waratah Coal Services - Australia
- European Bulk Services B.V. - Netherlands
- Bukit Asam (Persero) Tbk - Indonesia
- Essar Steel Hazira Ltd - India
- Indonesian Coal Mining Association
- Pendopo Energi Batubara - Indonesia
- Kepco SPC Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Madhucon Powers Ltd - India
- Orica Australia Pty. Ltd.
- Bhatia International Limited - India
- Parliament of New Zealand
- Price Waterhouse Coopers - Russia
- London Commodity Brokers - England
- Kartika Selabumi Mining - Indonesia
- Independent Power Producers Association of India
- Pipit Mutiara Jaya. PT, Indonesia
- Savvy Resources Ltd - HongKong
- South Luzon Thermal Energy Corporation
- Kaltim Prima Coal - Indonesia
- VISA Power Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Coal and Oil Company - UAE
- Global Green Power PLC Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Kohat Cement Company Ltd. - Pakistan
- Binh Thuan Hamico - Vietnam
- Indo Tambangraya Megah - Indonesia
- Heidelberg Cement - Germany
- Kobexindo Tractors - Indoneisa
- Mjunction Services Limited - India
- McConnell Dowell - Australia
- Manunggal Multi Energi - Indonesia
- GAC Shipping (India) Pvt Ltd
- Petron Corporation, Philippines
- Global Business Power Corporation, Philippines
- Romanian Commodities Exchange
- Antam Resourcindo - Indonesia
- Central Java Power - Indonesia
- Maheswari Brothers Coal Limited - India
- Videocon Industries ltd - India
- Coastal Gujarat Power Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Salva Resources Pvt Ltd - India
- Aditya Birla Group - India
- Electricity Authority, New Zealand
- Agrawal Coal Company - India
- SMG Consultants - Indonesia
- Energy Link Ltd, New Zealand
- Globalindo Alam Lestari - Indonesia
- ASAPP Information Group - India
- Petrochimia International Co. Ltd.- Taiwan
- Sindya Power Generating Company Private Ltd
- Electricity Generating Authority of Thailand
- Thiess Contractors Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Grasim Industreis Ltd - India
- Uttam Galva Steels Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Cement Manufacturers Association - India
- Sical Logistics Limited - India
- Cigading International Bulk Terminal - Indonesia
- Central Electricity Authority - India
- Vizag Seaport Private Limited - India
- Makarim & Taira - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Altura Mining Limited, Indonesia
- Deloitte Consulting - India
- Simpson Spence & Young - Indonesia
- Chamber of Mines of South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Larsen & Toubro Limited - India
- Wood Mackenzie - Singapore
- Medco Energi Mining Internasional
- Ind-Barath Power Infra Limited - India
- Bhushan Steel Limited - India
- Ministry of Transport, Egypt
- Riau Bara Harum - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- IEA Clean Coal Centre - UK
- Orica Mining Services - Indonesia
- Rio Tinto Coal - Australia
- The Treasury - Australian Government
- SMC Global Power, Philippines
- OPG Power Generation Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Malabar Cements Ltd - India
- International Coal Ventures Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Baramulti Group, Indonesia
- Sarangani Energy Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Bukit Baiduri Energy - Indonesia
- Goldman Sachs - Singapore
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