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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, 25 November 20
CHINA KICKS AN OWN GOAL WITH AUSTRALIAN COAL - FORBES
China’s annoyance at Australia’s hardline stance on political interference and demands for an independent inquiry into the root cause o ...
Wednesday, 25 November 20
MINISTER - INDONESIA JAN-OCT COAL OUTPUT AT 459 MILLION TONNES - REUTERS
Indonesia coal output in the January to October period was 459 million tonnes, the country’s energy minister told parliament on Monday.
& ...
Wednesday, 25 November 20
INDIA: MORE STEPS NEEDED TO MAKE COMMERCIAL COAL MINING ATTRACTIVE TO GLOBAL PLAYERS - LIVEMINT
India concluded its first commercial coal mine auctions earlier this month. A total of 19 coal mines spread across Madhya Pradesh, Jharkhand, Odish ...
Wednesday, 25 November 20
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX UP 0.38 PCT - XINHUA
China Taiyuan coal transaction price index stood at 129.21 points Monday, up 0.38 percent week on week.
The index, released by China ...
Wednesday, 25 November 20
MARKET INSIGHT - INTERMODAL
Over 90% of the world’s goods are transported by sea. LPG is a clean, energy efficient and portable fuel that is being marketed at an afforda ...
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- Neyveli Lignite Corporation Ltd, - India
- Baramulti Group, Indonesia
- Formosa Plastics Group - Taiwan
- International Coal Ventures Pvt Ltd - India
- Interocean Group of Companies - India
- PowerSource Philippines DevCo
- Larsen & Toubro Limited - India
- Jindal Steel & Power Ltd - India
- Directorate Of Revenue Intelligence - India
- Riau Bara Harum - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Sakthi Sugars Limited - India
- SN Aboitiz Power Inc, Philippines
- Trasteel International SA, Italy
- Minerals Council of Australia
- Economic Council, Georgia
- Grasim Industreis Ltd - India
- Savvy Resources Ltd - HongKong
- Bhatia International Limited - India
- The State Trading Corporation of India Ltd
- Ambuja Cements Ltd - India
- Coastal Gujarat Power Limited - India
- Orica Australia Pty. Ltd.
- India Bulls Power Limited - India
- Tamil Nadu electricity Board
- Bukit Makmur.PT - Indonesia
- Chettinad Cement Corporation Ltd - India
- GMR Energy Limited - India
- Vizag Seaport Private Limited - India
- Cement Manufacturers Association - India
- Jaiprakash Power Ventures ltd
- Iligan Light & Power Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Chamber of Mines of South Africa
- Manunggal Multi Energi - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Maharashtra Electricity Regulatory Commission - India
- White Energy Company Limited
- TNB Fuel Sdn Bhd - Malaysia
- SMG Consultants - Indonesia
- GVK Power & Infra Limited - India
- Medco Energi Mining Internasional
- Bhushan Steel Limited - India
- Power Finance Corporation Ltd., India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Heidelberg Cement - Germany
- Meralco Power Generation, Philippines
- Anglo American - United Kingdom
- Carbofer General Trading SA - India
- Latin American Coal - Colombia
- PTC India Limited - India
- Globalindo Alam Lestari - Indonesia
- Toyota Tsusho Corporation, Japan
- Australian Commodity Traders Exchange
- Semirara Mining Corp, Philippines
- Kaltim Prima Coal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Indika Energy - Indonesia
- London Commodity Brokers - England
- Bharathi Cement Corporation - India
- Electricity Authority, New Zealand
- Lanco Infratech Ltd - India
- ASAPP Information Group - India
- Coalindo Energy - Indonesia
- Electricity Generating Authority of Thailand
- Simpson Spence & Young - Indonesia
- Thai Mozambique Logistica
- The University of Queensland
- Ministry of Finance - Indonesia
- IEA Clean Coal Centre - UK
- Kideco Jaya Agung - Indonesia
- Mjunction Services Limited - India
- AsiaOL BioFuels Corp., Philippines
- Samtan Co., Ltd - South Korea
- Barasentosa Lestari - Indonesia
- GAC Shipping (India) Pvt Ltd
- The Treasury - Australian Government
- Meenaskhi Energy Private Limited - India
- Singapore Mercantile Exchange
- Uttam Galva Steels Limited - India
- Oldendorff Carriers - Singapore
- Indo Tambangraya Megah - Indonesia
- Indonesian Coal Mining Association
- Dalmia Cement Bharat India
- Attock Cement Pakistan Limited
- LBH Netherlands Bv - Netherlands
- Sical Logistics Limited - India
- Xindia Steels Limited - India
- CNBM International Corporation - China
- VISA Power Limited - India
- Star Paper Mills Limited - India
- PetroVietnam Power Coal Import and Supply Company
- ICICI Bank Limited - India
- Altura Mining Limited, Indonesia
- Eastern Energy - Thailand
- Parry Sugars Refinery, India
- Alfred C Toepfer International GmbH - Germany
- Renaissance Capital - South Africa
- Wood Mackenzie - Singapore
- Mercator Lines Limited - India
- Cigading International Bulk Terminal - Indonesia
- Kartika Selabumi Mining - Indonesia
- Port Waratah Coal Services - Australia
- Gujarat Electricity Regulatory Commission - India
- Standard Chartered Bank - UAE
- San Jose City I Power Corp, Philippines
- Antam Resourcindo - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Kapuas Tunggal Persada - Indonesia
- Eastern Coal Council - USA
- South Luzon Thermal Energy Corporation
- Ministry of Mines - Canada
- Romanian Commodities Exchange
- Global Coal Blending Company Limited - Australia
- Price Waterhouse Coopers - Russia
- Deloitte Consulting - India
- Borneo Indobara - Indonesia
- Commonwealth Bank - Australia
- Mintek Dendrill Indonesia
- Metalloyd Limited - United Kingdom
- Indogreen Group - Indonesia
- Banpu Public Company Limited - Thailand
- Siam City Cement - Thailand
- Semirara Mining and Power Corporation, Philippines
- Posco Energy - South Korea
- Karbindo Abesyapradhi - Indoneisa
- Aditya Birla Group - India
- TeaM Sual Corporation - Philippines
- Ministry of Transport, Egypt
- Directorate General of MIneral and Coal - Indonesia
- Thiess Contractors Indonesia
- Kobexindo Tractors - Indoneisa
- Parliament of New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PNOC Exploration Corporation - Philippines
- Merrill Lynch Commodities Europe
- IHS Mccloskey Coal Group - USA
- Kohat Cement Company Ltd. - Pakistan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Australian Coal Association
- Videocon Industries ltd - India
- Straits Asia Resources Limited - Singapore
- Coal and Oil Company - UAE
- Energy Link Ltd, New Zealand
- Global Green Power PLC Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Miang Besar Coal Terminal - Indonesia
- Bhoruka Overseas - Indonesia
- Makarim & Taira - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Tata Chemicals Ltd - India
- Indian Energy Exchange, India
- Aboitiz Power Corporation - Philippines
- Edison Trading Spa - Italy
- Petrochimia International Co. Ltd.- Taiwan
- Bukit Asam (Persero) Tbk - Indonesia
- Siam City Cement PLC, Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Orica Mining Services - Indonesia
- Pendopo Energi Batubara - Indonesia
- Petron Corporation, Philippines
- Wilmar Investment Holdings
- Kepco SPC Power Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Timah Investasi Mineral - Indoneisa
- Mercuria Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Marubeni Corporation - India
- Karaikal Port Pvt Ltd - India
- McConnell Dowell - Australia
- Intertek Mineral Services - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Kumho Petrochemical, South Korea
- Bukit Baiduri Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- OPG Power Generation Pvt Ltd - India
- Planning Commission, India
- Maheswari Brothers Coal Limited - India
- Goldman Sachs - Singapore
- Madhucon Powers Ltd - India
- Bayan Resources Tbk. - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Therma Luzon, Inc, Philippines
- New Zealand Coal & Carbon
- Malabar Cements Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Ceylon Electricity Board - Sri Lanka
- Gujarat Sidhee Cement - India
- Rio Tinto Coal - Australia
- European Bulk Services B.V. - Netherlands
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Essar Steel Hazira Ltd - India
- Sindya Power Generating Company Private Ltd
- Indian Oil Corporation Limited
- Central Java Power - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Bulk Trading Sa - Switzerland
- Central Electricity Authority - India
- SMC Global Power, Philippines
- Vedanta Resources Plc - India
- Georgia Ports Authority, United States
- Africa Commodities Group - South Africa
- MS Steel International - UAE
- Independent Power Producers Association of India
- Global Business Power Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Energy Development Corp, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Bangladesh Power Developement Board
- Agrawal Coal Company - India
- Sojitz Corporation - Japan
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