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Tuesday, 24 August 21
TIGHT POWER SUPPLY IN CHINA AMID STRONG DEMAND, HIGH COAL PRICES - FITCH RATINGS
China experienced tight power supply in 1H21 on stronger than expected power demand as economic activity continued to recover, Fitch Ratings says in its latest China Power Watch report.
Total power consumption rose by 16.2% yoy in 1H21, or 7.6% based on a two-year CAGR, mainly driven by the industrial sector, which contributed 68% to total power consumption. This, together with higher residential demand on hot days, pushed peak loads to record high levels for many regional grids in 2Q21, when hydropower, the second largest contributor of power generation in China, was weak due to low waterflow. As a result, many places in China saw restrictions on power usage.
Tight power supply also reflects weak peak-load flexibility in China. However, China is stepping up efforts to improve the flexibility of its power system. Power generation companies (gencos) are upgrading thermal power plants and increasing peak shaving capacity. They are also investing in power storage projects to ensure stable power supply. The grid company State Grid Corporation of China (SGCC, A+/Stable) is increasing capex on grid infrastructure and we believe this will also enhance grid flexibility.
Coal prices also surged in 1H21 as market demand exceeded domestic production, which is further heightened by a 19.7% yoy decrease in import coal volume. High coal prices will squeeze gencos' profit due to lack of pass-through under the current tariff mechanism. Fitch expects this, together with power gencos' higher capex to fund renewable projects, will result in weakened 2021 credit metrics.
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Thursday, 31 March 22
CHINA STATE PLANNER ASKS COAL INDEX PROVIDERS TO RECTIFY IRREGULARITIES - REUTERS
China’s state planner has asked some major coal price index providers to rectify “severe irregularities” it had identified in the ...
Thursday, 31 March 22
IMPORTED COAL PRICES TO JUMP 55% IN APR-JUN, IMPACT INDIAN FIRMS: ICRA - LIVEMINT
Supply disruption owing to the Russia-Ukraine conflict could push the price of imported coal by 45-55% in Q1FY23 compared to the previous quarter, ...
Thursday, 31 March 22
CHINA'S COAL OUTPUT SET FOR MODERATE GROWTH IN 2022 - INDUSTRY BODY - REUTERS
China is expected to see its coal output to grow further in 2022 after hitting a record last year, an industry body forecast on Wednesday, as the c ...
Tuesday, 29 March 22
MEMR OF INDONESIA HAS FIXED COAL PRICE AT US$ 90 PER TONNE FOR DOMESTIC INDUSTRIES EXCEPT SMELTER INDUSTRIES; FOR PLN USD 70 IS APPLICABLE
Minister of Energy and Mineral Resources (ESDM) Arifin Tasrif has set the selling price of coal for domestic, industrial except metal processing an ...
Monday, 21 March 22
A FORCE MAJEURE TO BE RECKONED WITH - BALTIC EXCHANGE
Sanctions cause payment confusion
This dispute in MUR Shipping BV v. RTI Ltd [2022] EWHC 467 (Comm) related to an owner’s purported exercis ...
Showing 11 to 15 news of total 6547
Indian Oil Corporation Limited
Billiton Holdings Pty Ltd - Australia
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Petrochimia International Co. Ltd.- Taiwan
Sarangani Energy Corporation, Philippines
Sinarmas Energy and Mining - Indonesia
Sree Jayajothi Cements Limited - India
Gujarat Electricity Regulatory Commission - India
Indonesian Coal Mining Association
SMG Consultants - Indonesia
Kalimantan Lumbung Energi - Indonesia
The University of Queensland
TNB Fuel Sdn Bhd - Malaysia
Therma Luzon, Inc, Philippines
Sindya Power Generating Company Private Ltd
Africa Commodities Group - South Africa
Mercuria Energy - Indonesia
Maharashtra Electricity Regulatory Commission - India
Toyota Tsusho Corporation, Japan
Indian Energy Exchange, India
Eastern Energy - Thailand
Heidelberg Cement - Germany
Latin American Coal - Colombia
Kumho Petrochemical, South Korea
GAC Shipping (India) Pvt Ltd
Kaltim Prima Coal - Indonesia
LBH Netherlands Bv - Netherlands
SMC Global Power, Philippines
Antam Resourcindo - Indonesia
Coalindo Energy - Indonesia
Directorate General of MIneral and Coal - Indonesia
Thiess Contractors Indonesia
Globalindo Alam Lestari - Indonesia
Jaiprakash Power Ventures ltd
Thai Mozambique Logistica
VISA Power Limited - India
Kepco SPC Power Corporation, Philippines
Economic Council, Georgia
Gujarat Sidhee Cement - India
Global Green Power PLC Corporation, Philippines
Interocean Group of Companies - India
Agrawal Coal Company - India
Dalmia Cement Bharat India
Vedanta Resources Plc - India
Semirara Mining Corp, Philippines
Singapore Mercantile Exchange
Price Waterhouse Coopers - Russia
Edison Trading Spa - Italy
Renaissance Capital - South Africa
Savvy Resources Ltd - HongKong
Asmin Koalindo Tuhup - Indonesia
Planning Commission, India
Leighton Contractors Pty Ltd - Australia
Baramulti Group, Indonesia
Mjunction Services Limited - India
Offshore Bulk Terminal Pte Ltd, Singapore
Siam City Cement PLC, Thailand
Electricity Authority, New Zealand
Bhushan Steel Limited - India
McConnell Dowell - Australia
Bharathi Cement Corporation - India
Karbindo Abesyapradhi - Indoneisa
Star Paper Mills Limited - India
Power Finance Corporation Ltd., India
Oldendorff Carriers - Singapore
Bayan Resources Tbk. - Indonesia
Bangladesh Power Developement Board
Goldman Sachs - Singapore
Parry Sugars Refinery, India
ASAPP Information Group - India
Pendopo Energi Batubara - Indonesia
Tata Chemicals Ltd - India
Energy Development Corp, Philippines
OPG Power Generation Pvt Ltd - India
Bukit Makmur.PT - Indonesia
Wilmar Investment Holdings
Wood Mackenzie - Singapore
Coastal Gujarat Power Limited - India
Binh Thuan Hamico - Vietnam
Sojitz Corporation - Japan
Kobexindo Tractors - Indoneisa
CIMB Investment Bank - Malaysia
Parliament of New Zealand
Aditya Birla Group - India
Indika Energy - Indonesia
Jindal Steel & Power Ltd - India
White Energy Company Limited
Cigading International Bulk Terminal - Indonesia
Aboitiz Power Corporation - Philippines
Xindia Steels Limited - India
Maheswari Brothers Coal Limited - India
Central Electricity Authority - India
Straits Asia Resources Limited - Singapore
Minerals Council of Australia
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ICICI Bank Limited - India
Deloitte Consulting - India
Gujarat Mineral Development Corp Ltd - India
PTC India Limited - India
Miang Besar Coal Terminal - Indonesia
Jorong Barutama Greston.PT - Indonesia
Romanian Commodities Exchange
San Jose City I Power Corp, Philippines
India Bulls Power Limited - India
Holcim Trading Pte Ltd - Singapore
Kapuas Tunggal Persada - Indonesia
Posco Energy - South Korea
Uttam Galva Steels Limited - India
Rashtriya Ispat Nigam Limited - India
Madhucon Powers Ltd - India
Chamber of Mines of South Africa
GMR Energy Limited - India
Pipit Mutiara Jaya. PT, Indonesia
Independent Power Producers Association of India
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Attock Cement Pakistan Limited
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Bhatia International Limited - India
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Marubeni Corporation - India
PNOC Exploration Corporation - Philippines
Dr Ramakrishna Prasad Power Pvt Ltd - India
TeaM Sual Corporation - Philippines
Makarim & Taira - Indonesia
Port Waratah Coal Services - Australia
Ministry of Finance - Indonesia
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Tamil Nadu electricity Board
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Lanco Infratech Ltd - India
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Siam City Cement - Thailand
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Manunggal Multi Energi - Indonesia
Borneo Indobara - Indonesia
Kartika Selabumi Mining - Indonesia
Bulk Trading Sa - Switzerland
Malabar Cements Ltd - India
Bukit Asam (Persero) Tbk - Indonesia
Petron Corporation, Philippines
AsiaOL BioFuels Corp., Philippines
Medco Energi Mining Internasional
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Riau Bara Harum - Indonesia
Electricity Generating Authority of Thailand
Energy Link Ltd, New Zealand
Standard Chartered Bank - UAE
Grasim Industreis Ltd - India
PowerSource Philippines DevCo
Salva Resources Pvt Ltd - India
Carbofer General Trading SA - India
Sical Logistics Limited - India
Bahari Cakrawala Sebuku - Indonesia
Truba Alam Manunggal Engineering.Tbk - Indonesia
SN Aboitiz Power Inc, Philippines
Georgia Ports Authority, United States
MS Steel International - UAE
Essar Steel Hazira Ltd - India
Neyveli Lignite Corporation Ltd, - India
Ministry of Mines - Canada
Altura Mining Limited, Indonesia
Meralco Power Generation, Philippines
Intertek Mineral Services - Indonesia
Anglo American - United Kingdom
Asia Pacific Energy Resources Ventures Inc, Philippines
Bhoruka Overseas - Indonesia
Videocon Industries ltd - India
Ministry of Transport, Egypt
Larsen & Toubro Limited - India
Metalloyd Limited - United Kingdom
New Zealand Coal & Carbon
Mercator Lines Limited - India
Formosa Plastics Group - Taiwan
Coal and Oil Company - UAE
Global Coal Blending Company Limited - Australia
Samtan Co., Ltd - South Korea
Iligan Light & Power Inc, Philippines
Ceylon Electricity Board - Sri Lanka
Australian Commodity Traders Exchange
PetroVietnam Power Coal Import and Supply Company
IHS Mccloskey Coal Group - USA
Orica Australia Pty. Ltd.
Kideco Jaya Agung - Indonesia
Kohat Cement Company Ltd. - Pakistan
Ambuja Cements Ltd - India
Meenaskhi Energy Private Limited - India
Chettinad Cement Corporation Ltd - India
Indogreen Group - Indonesia
Mintek Dendrill Indonesia
Timah Investasi Mineral - Indoneisa
GVK Power & Infra Limited - India
Global Business Power Corporation, Philippines
London Commodity Brokers - England
Bank of Tokyo Mitsubishi UFJ Ltd
CNBM International Corporation - China
Merrill Lynch Commodities Europe
Karaikal Port Pvt Ltd - India
European Bulk Services B.V. - Netherlands
Sakthi Sugars Limited - India
GN Power Mariveles Coal Plant, Philippines
Banpu Public Company Limited - Thailand
Krishnapatnam Port Company Ltd. - India
IEA Clean Coal Centre - UK
Central Java Power - Indonesia
The State Trading Corporation of India Ltd
Indo Tambangraya Megah - Indonesia
Cement Manufacturers Association - India
Vijayanagar Sugar Pvt Ltd - India