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Saturday, 09 October 21
CHINA POWER CUTS: COAL MINERS ORDERED TO BOOST OUTPUT, SAY REPORTS - BBC
Beijing has reportedly ordered China’s coal mines to boost output as an energy shortage across the country has seen millions of homes and businesses hit by power cuts in recent weeks.
Three major coal-producing provinces have pledged to increase production, Chinese news agency Caixin said.
Several provinces across the country have been suffering from blackouts since the middle of last month.
Demand for electricity is soaring as the country emerges from lockdowns.
North China’s Inner Mongolia region has told more than 70 mines to boost annual output capacity by nearly 100 million tonnes, according to the Reuters news agency, citing a government official and coal traders.
The area is the country’s second-largest producer of coal.
The proposed increase in output of 100 million tonnes would amount to almost 3% of China’s total annual thermal coal consumption.
The move is the latest attempt by authorities to increase coal supplies as prices hit record highs and electricity shortages have forced energy firms to ration power in large parts of the country.
Last week China’s state planner, the National Development and Reform Commission, called on mining companies and power firms to sign up to new agreements to resolve the problem.
Since last month, a series of power cuts has forced factories to cut back production or stop operations completely.
Manufacturing hubs in the northeast of China have been hit particularly hard.
In recent weeks, energy shortages have raised concerns in countries around the world, including the UK, mainland Europe and India.
UK consumers have been warned that household energy bills are set to rise sharply as prices surge on the wholesale market.
Meanwhile, India is on the brink of an unprecedented energy crisis as the country’s power suppliers are struggling to secure enough coal to meet rising demand for electricity.
Source: BBC
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Wednesday, 28 April 21
MARKET INSIGHT - INTERMODAL
Despite the current challenges as a result of the global pandemic, 2021 is turning out to be a landmark year for the iron ore market with spot pric ...
Monday, 26 April 21
CHINA TO FURTHER CUT COAL USE IN 2021 - XINHUA
China aims to reduce the share of coal in its energy mix to less than 56% this year, according to a guideline released by the National Energy Admin ...
Wednesday, 21 April 21
COAL FINANCING COSTS HAVE SURGED IN PAST 10 YEARS - UNIVERSITY OF OXFORD - THE GUARDIAN
Coal financing costs have surged over the last decade as investors demand returns four times as high as the payoff required from renewable energy p ...
Tuesday, 20 April 21
US DOLLAR LIBOR TRANSITION IN ASSET FINANCE - WHERE ARE WE NOW? - WATSON FARLEY & WILLIAMS
Since our last article, there has been a raft of regulatory and market body announcements relating to the transition away from LIBOR and the follow ...
Sunday, 18 April 21
INDONESIA LIKELY TO WITNESS 119 OIL AND GAS PROJECTS STARTS ACROSS VALUE CHAIN BY 2025, SAYS GLOBALDATA
Indonesia is expected to witness 119 oil and gas projects commencing their operations across value chain during 2021-2025, accounting for 6% of the ...
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- Kumho Petrochemical, South Korea
- Indonesian Coal Mining Association
- MS Steel International - UAE
- Indika Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- Commonwealth Bank - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- South Luzon Thermal Energy Corporation
- Kepco SPC Power Corporation, Philippines
- Malabar Cements Ltd - India
- OPG Power Generation Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Tata Chemicals Ltd - India
- Heidelberg Cement - Germany
- PNOC Exploration Corporation - Philippines
- Siam City Cement - Thailand
- Ministry of Transport, Egypt
- Videocon Industries ltd - India
- Kobexindo Tractors - Indoneisa
- Mercuria Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Kideco Jaya Agung - Indonesia
- ICICI Bank Limited - India
- SMC Global Power, Philippines
- Bukit Makmur.PT - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Ambuja Cements Ltd - India
- Ministry of Finance - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- India Bulls Power Limited - India
- Bhatia International Limited - India
- McConnell Dowell - Australia
- Savvy Resources Ltd - HongKong
- Siam City Cement PLC, Thailand
- Vizag Seaport Private Limited - India
- Global Coal Blending Company Limited - Australia
- Mintek Dendrill Indonesia
- Alfred C Toepfer International GmbH - Germany
- Economic Council, Georgia
- Romanian Commodities Exchange
- Makarim & Taira - Indonesia
- Port Waratah Coal Services - Australia
- IEA Clean Coal Centre - UK
- Holcim Trading Pte Ltd - Singapore
- Meenaskhi Energy Private Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Vedanta Resources Plc - India
- Semirara Mining and Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Mercator Lines Limited - India
- Goldman Sachs - Singapore
- Indo Tambangraya Megah - Indonesia
- Pendopo Energi Batubara - Indonesia
- Parry Sugars Refinery, India
- Wood Mackenzie - Singapore
- Sree Jayajothi Cements Limited - India
- Eastern Coal Council - USA
- Thai Mozambique Logistica
- Electricity Authority, New Zealand
- Pipit Mutiara Jaya. PT, Indonesia
- Indian Oil Corporation Limited
- Intertek Mineral Services - Indonesia
- Australian Coal Association
- Sinarmas Energy and Mining - Indonesia
- Riau Bara Harum - Indonesia
- Carbofer General Trading SA - India
- Gujarat Electricity Regulatory Commission - India
- Borneo Indobara - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Thiess Contractors Indonesia
- Cement Manufacturers Association - India
- Bangladesh Power Developement Board
- Rio Tinto Coal - Australia
- Uttam Galva Steels Limited - India
- Attock Cement Pakistan Limited
- Samtan Co., Ltd - South Korea
- PetroVietnam Power Coal Import and Supply Company
- Dalmia Cement Bharat India
- Bayan Resources Tbk. - Indonesia
- Medco Energi Mining Internasional
- Petrochimia International Co. Ltd.- Taiwan
- Electricity Generating Authority of Thailand
- The University of Queensland
- San Jose City I Power Corp, Philippines
- Gujarat Sidhee Cement - India
- LBH Netherlands Bv - Netherlands
- Semirara Mining Corp, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Mjunction Services Limited - India
- Banpu Public Company Limited - Thailand
- Ind-Barath Power Infra Limited - India
- GAC Shipping (India) Pvt Ltd
- Oldendorff Carriers - Singapore
- Deloitte Consulting - India
- Sarangani Energy Corporation, Philippines
- Grasim Industreis Ltd - India
- Xindia Steels Limited - India
- Altura Mining Limited, Indonesia
- Central Java Power - Indonesia
- Eastern Energy - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Larsen & Toubro Limited - India
- Antam Resourcindo - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Business Power Corporation, Philippines
- Africa Commodities Group - South Africa
- Kalimantan Lumbung Energi - Indonesia
- Star Paper Mills Limited - India
- Marubeni Corporation - India
- Parliament of New Zealand
- Gujarat Mineral Development Corp Ltd - India
- European Bulk Services B.V. - Netherlands
- Metalloyd Limited - United Kingdom
- Edison Trading Spa - Italy
- Australian Commodity Traders Exchange
- Latin American Coal - Colombia
- Essar Steel Hazira Ltd - India
- Jaiprakash Power Ventures ltd
- Iligan Light & Power Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- PTC India Limited - India
- Leighton Contractors Pty Ltd - Australia
- Billiton Holdings Pty Ltd - Australia
- TeaM Sual Corporation - Philippines
- ASAPP Information Group - India
- Bhushan Steel Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Sindya Power Generating Company Private Ltd
- Aditya Birla Group - India
- New Zealand Coal & Carbon
- Directorate Of Revenue Intelligence - India
- The State Trading Corporation of India Ltd
- Independent Power Producers Association of India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Planning Commission, India
- Ministry of Mines - Canada
- Meralco Power Generation, Philippines
- Energy Development Corp, Philippines
- AsiaOL BioFuels Corp., Philippines
- International Coal Ventures Pvt Ltd - India
- Anglo American - United Kingdom
- The Treasury - Australian Government
- Coastal Gujarat Power Limited - India
- Sojitz Corporation - Japan
- Chettinad Cement Corporation Ltd - India
- Power Finance Corporation Ltd., India
- Orica Mining Services - Indonesia
- Bharathi Cement Corporation - India
- IHS Mccloskey Coal Group - USA
- Lanco Infratech Ltd - India
- Formosa Plastics Group - Taiwan
- PowerSource Philippines DevCo
- Bulk Trading Sa - Switzerland
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Karbindo Abesyapradhi - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Agrawal Coal Company - India
- Georgia Ports Authority, United States
- Binh Thuan Hamico - Vietnam
- Barasentosa Lestari - Indonesia
- White Energy Company Limited
- Central Electricity Authority - India
- Bukit Baiduri Energy - Indonesia
- Sakthi Sugars Limited - India
- Globalindo Alam Lestari - Indonesia
- Renaissance Capital - South Africa
- Maharashtra Electricity Regulatory Commission - India
- Petron Corporation, Philippines
- Madhucon Powers Ltd - India
- Kaltim Prima Coal - Indonesia
- Indian Energy Exchange, India
- Karaikal Port Pvt Ltd - India
- Baramulti Group, Indonesia
- London Commodity Brokers - England
- Sical Logistics Limited - India
- Bhoruka Overseas - Indonesia
- Tamil Nadu electricity Board
- Timah Investasi Mineral - Indoneisa
- Bahari Cakrawala Sebuku - Indonesia
- Singapore Mercantile Exchange
- Kohat Cement Company Ltd. - Pakistan
- Price Waterhouse Coopers - Russia
- GMR Energy Limited - India
- SMG Consultants - Indonesia
- Simpson Spence & Young - Indonesia
- Merrill Lynch Commodities Europe
- Wilmar Investment Holdings
- Energy Link Ltd, New Zealand
- Global Green Power PLC Corporation, Philippines
- Trasteel International SA, Italy
- GVK Power & Infra Limited - India
- Chamber of Mines of South Africa
- Posco Energy - South Korea
- Salva Resources Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- VISA Power Limited - India
- Coalindo Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- Standard Chartered Bank - UAE
- Manunggal Multi Energi - Indonesia
- Orica Australia Pty. Ltd.
- Minerals Council of Australia
- Interocean Group of Companies - India
- Jindal Steel & Power Ltd - India
- CIMB Investment Bank - Malaysia
- Miang Besar Coal Terminal - Indonesia
- CNBM International Corporation - China
- Coal and Oil Company - UAE
- Toyota Tsusho Corporation, Japan
- SN Aboitiz Power Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Indogreen Group - Indonesia
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