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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, 12 May 21
U.S. COAL PRODUCTION TO INCREASE BY 43 MMST IN 2021 TOTAL 582 MILLION SHORT TONS - EIA
U.S. energy Information Administration expects U.S. coal production to total 582 million short tons (MMst) in 2021, 43 MMst (8%) more than in 2020. ...
Wednesday, 12 May 21
MARKET INSIGHT - INTERMODAL
Tanker S&P is finally back!
For an extended period, Dry bulk & Wet market rates have been diverging, with the SnP deals on each sect ...
Monday, 10 May 21
PAKISTAN: COAL GASIFICATION AND LIQUEFACTION HARMFUL TO ECONOMY - IEEFA
There is no second life for coal
Pakistan’s intention to use coal for power production through gasification and liquefaction technologie ...
Sunday, 09 May 21
HERE'S WHY INVESTORS ARE POURING MONEY INTO COAL, DESPITE ITS BLEAK FUTURE - FORBES
Coal stocks have surged this year – along with the wider energy sector – but experts warn these are likely short-term gains for an indu ...
Sunday, 09 May 21
MAYBANK TO STOP COAL FINANCING - BERNAMA
Malayan Banking Bhd (Maybank) will stop financing new coal activities as part of its sustainable agenda.
Currently, coal financing m ...
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- Romanian Commodities Exchange
- Petron Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Agrawal Coal Company - India
- Binh Thuan Hamico - Vietnam
- Coal and Oil Company - UAE
- Lanco Infratech Ltd - India
- Attock Cement Pakistan Limited
- Thiess Contractors Indonesia
- Electricity Generating Authority of Thailand
- New Zealand Coal & Carbon
- SN Aboitiz Power Inc, Philippines
- Bangladesh Power Developement Board
- Leighton Contractors Pty Ltd - Australia
- Marubeni Corporation - India
- VISA Power Limited - India
- Maheswari Brothers Coal Limited - India
- Thai Mozambique Logistica
- Essar Steel Hazira Ltd - India
- Banpu Public Company Limited - Thailand
- Billiton Holdings Pty Ltd - Australia
- Bukit Baiduri Energy - Indonesia
- Global Business Power Corporation, Philippines
- Mercuria Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Central Electricity Authority - India
- Indika Energy - Indonesia
- Oldendorff Carriers - Singapore
- Rashtriya Ispat Nigam Limited - India
- European Bulk Services B.V. - Netherlands
- Petrochimia International Co. Ltd.- Taiwan
- Power Finance Corporation Ltd., India
- India Bulls Power Limited - India
- Trasteel International SA, Italy
- Simpson Spence & Young - Indonesia
- Indian Oil Corporation Limited
- Chettinad Cement Corporation Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Semirara Mining Corp, Philippines
- Borneo Indobara - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- The State Trading Corporation of India Ltd
- Ministry of Mines - Canada
- Metalloyd Limited - United Kingdom
- Indo Tambangraya Megah - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Bharathi Cement Corporation - India
- Mjunction Services Limited - India
- Madhucon Powers Ltd - India
- Samtan Co., Ltd - South Korea
- Xindia Steels Limited - India
- Parry Sugars Refinery, India
- Price Waterhouse Coopers - Russia
- Sinarmas Energy and Mining - Indonesia
- Bhushan Steel Limited - India
- Videocon Industries ltd - India
- Ceylon Electricity Board - Sri Lanka
- Bank of Tokyo Mitsubishi UFJ Ltd
- Pendopo Energi Batubara - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- ICICI Bank Limited - India
- Siam City Cement PLC, Thailand
- Orica Australia Pty. Ltd.
- Bhatia International Limited - India
- LBH Netherlands Bv - Netherlands
- SMC Global Power, Philippines
- Dalmia Cement Bharat India
- Posco Energy - South Korea
- Alfred C Toepfer International GmbH - Germany
- CIMB Investment Bank - Malaysia
- Kartika Selabumi Mining - Indonesia
- Baramulti Group, Indonesia
- Savvy Resources Ltd - HongKong
- Indonesian Coal Mining Association
- Renaissance Capital - South Africa
- MS Steel International - UAE
- Eastern Coal Council - USA
- Aboitiz Power Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- Coastal Gujarat Power Limited - India
- Energy Development Corp, Philippines
- Miang Besar Coal Terminal - Indonesia
- Bayan Resources Tbk. - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Edison Trading Spa - Italy
- The Treasury - Australian Government
- Economic Council, Georgia
- White Energy Company Limited
- Aditya Birla Group - India
- Energy Link Ltd, New Zealand
- PNOC Exploration Corporation - Philippines
- CNBM International Corporation - China
- London Commodity Brokers - England
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bulk Trading Sa - Switzerland
- Kideco Jaya Agung - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SMG Consultants - Indonesia
- Global Green Power PLC Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Coalindo Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kumho Petrochemical, South Korea
- Bukit Makmur.PT - Indonesia
- Star Paper Mills Limited - India
- Deloitte Consulting - India
- Larsen & Toubro Limited - India
- Eastern Energy - Thailand
- Karaikal Port Pvt Ltd - India
- Electricity Authority, New Zealand
- Directorate Of Revenue Intelligence - India
- Holcim Trading Pte Ltd - Singapore
- Tamil Nadu electricity Board
- Heidelberg Cement - Germany
- Parliament of New Zealand
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- Meenaskhi Energy Private Limited - India
- Barasentosa Lestari - Indonesia
- Toyota Tsusho Corporation, Japan
- Salva Resources Pvt Ltd - India
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- Anglo American - United Kingdom
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- Minerals Council of Australia
- Georgia Ports Authority, United States
- Ministry of Transport, Egypt
- Indogreen Group - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Ambuja Cements Ltd - India
- International Coal Ventures Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Vizag Seaport Private Limited - India
- Jaiprakash Power Ventures ltd
- Globalindo Alam Lestari - Indonesia
- Timah Investasi Mineral - Indoneisa
- Australian Commodity Traders Exchange
- Tata Chemicals Ltd - India
- Therma Luzon, Inc, Philippines
- Latin American Coal - Colombia
- Sojitz Corporation - Japan
- The University of Queensland
- Siam City Cement - Thailand
- Chamber of Mines of South Africa
- ASAPP Information Group - India
- Interocean Group of Companies - India
- TeaM Sual Corporation - Philippines
- PowerSource Philippines DevCo
- GMR Energy Limited - India
- GVK Power & Infra Limited - India
- Central Java Power - Indonesia
- Ministry of Finance - Indonesia
- Indian Energy Exchange, India
- Rio Tinto Coal - Australia
- Singapore Mercantile Exchange
- Formosa Plastics Group - Taiwan
- Krishnapatnam Port Company Ltd. - India
- Cement Manufacturers Association - India
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Sidhee Cement - India
- Straits Asia Resources Limited - Singapore
- Sree Jayajothi Cements Limited - India
- OPG Power Generation Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Riau Bara Harum - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Vedanta Resources Plc - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Medco Energi Mining Internasional
- Karbindo Abesyapradhi - Indoneisa
- Jindal Steel & Power Ltd - India
- Carbofer General Trading SA - India
- IEA Clean Coal Centre - UK
- Kohat Cement Company Ltd. - Pakistan
- Orica Mining Services - Indonesia
- Grasim Industreis Ltd - India
- South Luzon Thermal Energy Corporation
- Wood Mackenzie - Singapore
- Kaltim Prima Coal - Indonesia
- Commonwealth Bank - Australia
- Sical Logistics Limited - India
- Ind-Barath Power Infra Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Uttam Galva Steels Limited - India
- Bhoruka Overseas - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Intertek Mineral Services - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Makarim & Taira - Indonesia
- Africa Commodities Group - South Africa
- Sarangani Energy Corporation, Philippines
- Standard Chartered Bank - UAE
- Mercator Lines Limited - India
- Sindya Power Generating Company Private Ltd
- Meralco Power Generation, Philippines
- Global Coal Blending Company Limited - Australia
- Port Waratah Coal Services - Australia
- Wilmar Investment Holdings
- Sakthi Sugars Limited - India
- Kepco SPC Power Corporation, Philippines
- Goldman Sachs - Singapore
- Mintek Dendrill Indonesia
- Australian Coal Association
- TNB Fuel Sdn Bhd - Malaysia
- McConnell Dowell - Australia
- Merrill Lynch Commodities Europe
- Malabar Cements Ltd - India
- San Jose City I Power Corp, Philippines
- Independent Power Producers Association of India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- GAC Shipping (India) Pvt Ltd
- IHS Mccloskey Coal Group - USA
- Bahari Cakrawala Sebuku - Indonesia
- Antam Resourcindo - Indonesia
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