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Thursday, 11 November 21
ASIA COAL POWER PIPELINE TO SHRINK BY TWO THIRDS AFTER CHINA FINANCE CUT - REUTERS
Asia’s pipeline of proposed coal-fired power plants is expected to shrink from 65 gigawatts to 22 gigawatts following China’s pledge to put an end to the financing of overseas projects, new research showed on Wednesday.
Excluding China and India’s domestic coal power programmes, there are now just 28 new coal-fired plants being planned across Asia, less than 30% of which have secured finance, the Centre for Research on Energy and Clean Air (CREA) and Global Energy Monitor (GEM) think tanks said in a joint report.
“Once the final bastion of coal power, Asia’s coal power sector has witnessed wave after wave of coal power plant cancellations,” said GEM’s Russell Gray. “China’s pledge to stop financing coal power plants overseas will trigger one more wave.”
The report said nearly all of Bangladesh and Sri Lanka’s planned coal-fired power plants now face cancellation, as well as 65% of Indonesia’s.
However, there are still about 43 GW of projects already under construction throughout Asia, the report estimated.
Chinese President Xi Jinping pledged to end China’s support for new overseas coal power plants during his video address to the United Nations General Assembly in September. The move meant that 99% of global development financing was now committed to the transition to clean energy.
According to the Boston University Global Development Policy Center, if all the China-financed overseas coal plants now under construction or being planned were cancelled, 646 million tonnes of annual CO2 emissions could be avoided, more than the total annual footprint of Canada.
As COP26 climate talks continue in Glasgow, China’s coal industry plans have come under increasing scrutiny.
China, the world’s biggest producer of greenhouse gases, has promised to switch to lower-carbon forms of energy, but it will only start to cut total coal consumption from 2026.
Source: Reuters
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Tuesday, 01 June 21
BUMA PRODUCED 11.4 MILLION TONNES OF COAL IN 4Q 2020, 5% LOWER COMPARED TO 12.2 MILLION TONNES IN 4Q 2019
PT Delta Dunia Makmur Tbk. presents its newsletter with consolidated financial and operating results that include its primary and wholly-owne ...
Sunday, 30 May 21
PAKISTAN IS PLANNING TO END COAL IMPORTS, WORSENING OUTLOOK FOR SOUTH AFRICAN COAL - IEEFA
The growing and irreversible risks being faced by South African coal exporters
As Thungela Resources’ CEO attempts to talk up ...
Sunday, 30 May 21
G7 COAL FINANCE EXIT AND WHY IT MATTERS FOR INDIA - IEEFA
While India doesn’t rely on export credit finance to fund new coal plants, there are material implications
The commitment by the Group o ...
Saturday, 29 May 21
SKULD’S IMO 2020 SULPHUR CAP EXPERIENCE
More than a year has passed since the International Maritime Organization (IMO) mandate for the 0.50% sulphur cap for marine fuel (MARPOL Annex VI) ...
Thursday, 27 May 21
KOMIPO INVITED BIDS FOR 1.56 MILLION TONS OF BITUMINOUS COAL
COALspot.com: Korea Midland Power Co., Ltd (KOMIPO) has issued an international tender for total 1,560,000 MT of Bituminous Coal to be used a ...
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- Larsen & Toubro Limited - India
- Barasentosa Lestari - Indonesia
- Merrill Lynch Commodities Europe
- SN Aboitiz Power Inc, Philippines
- Indian Oil Corporation Limited
- PetroVietnam Power Coal Import and Supply Company
- Dalmia Cement Bharat India
- Formosa Plastics Group - Taiwan
- Uttam Galva Steels Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Global Green Power PLC Corporation, Philippines
- Meralco Power Generation, Philippines
- Goldman Sachs - Singapore
- Gujarat Electricity Regulatory Commission - India
- European Bulk Services B.V. - Netherlands
- Indonesian Coal Mining Association
- Tamil Nadu electricity Board
- Grasim Industreis Ltd - India
- Metalloyd Limited - United Kingdom
- Thiess Contractors Indonesia
- Directorate General of MIneral and Coal - Indonesia
- PNOC Exploration Corporation - Philippines
- Miang Besar Coal Terminal - Indonesia
- Intertek Mineral Services - Indonesia
- Oldendorff Carriers - Singapore
- Power Finance Corporation Ltd., India
- Independent Power Producers Association of India
- Sinarmas Energy and Mining - Indonesia
- Renaissance Capital - South Africa
- PTC India Limited - India
- AsiaOL BioFuels Corp., Philippines
- Holcim Trading Pte Ltd - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Eastern Energy - Thailand
- Sindya Power Generating Company Private Ltd
- Gujarat Mineral Development Corp Ltd - India
- Price Waterhouse Coopers - Russia
- New Zealand Coal & Carbon
- VISA Power Limited - India
- Altura Mining Limited, Indonesia
- Siam City Cement - Thailand
- Semirara Mining and Power Corporation, Philippines
- Agrawal Coal Company - India
- GN Power Mariveles Coal Plant, Philippines
- The State Trading Corporation of India Ltd
- CNBM International Corporation - China
- Neyveli Lignite Corporation Ltd, - India
- GAC Shipping (India) Pvt Ltd
- ICICI Bank Limited - India
- Trasteel International SA, Italy
- Chettinad Cement Corporation Ltd - India
- Jindal Steel & Power Ltd - India
- Straits Asia Resources Limited - Singapore
- Savvy Resources Ltd - HongKong
- Georgia Ports Authority, United States
- Heidelberg Cement - Germany
- Mjunction Services Limited - India
- Sakthi Sugars Limited - India
- Lanco Infratech Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Maheswari Brothers Coal Limited - India
- Binh Thuan Hamico - Vietnam
- Globalindo Alam Lestari - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Riau Bara Harum - Indonesia
- Coal and Oil Company - UAE
- Bukit Asam (Persero) Tbk - Indonesia
- Samtan Co., Ltd - South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- Electricity Generating Authority of Thailand
- TeaM Sual Corporation - Philippines
- Australian Commodity Traders Exchange
- Kaltim Prima Coal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kideco Jaya Agung - Indonesia
- LBH Netherlands Bv - Netherlands
- Maharashtra Electricity Regulatory Commission - India
- Vedanta Resources Plc - India
- Indian Energy Exchange, India
- Romanian Commodities Exchange
- GVK Power & Infra Limited - India
- Economic Council, Georgia
- Minerals Council of Australia
- Carbofer General Trading SA - India
- Alfred C Toepfer International GmbH - Germany
- Aditya Birla Group - India
- South Luzon Thermal Energy Corporation
- Mintek Dendrill Indonesia
- Rashtriya Ispat Nigam Limited - India
- Ind-Barath Power Infra Limited - India
- Medco Energi Mining Internasional
- PowerSource Philippines DevCo
- Kalimantan Lumbung Energi - Indonesia
- Central Java Power - Indonesia
- Global Coal Blending Company Limited - Australia
- Essar Steel Hazira Ltd - India
- Kumho Petrochemical, South Korea
- Cigading International Bulk Terminal - Indonesia
- Videocon Industries ltd - India
- Deloitte Consulting - India
- SMG Consultants - Indonesia
- Ministry of Transport, Egypt
- Global Business Power Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- CIMB Investment Bank - Malaysia
- Energy Link Ltd, New Zealand
- Marubeni Corporation - India
- Antam Resourcindo - Indonesia
- Coastal Gujarat Power Limited - India
- Simpson Spence & Young - Indonesia
- Karaikal Port Pvt Ltd - India
- Baramulti Group, Indonesia
- Africa Commodities Group - South Africa
- The University of Queensland
- Anglo American - United Kingdom
- White Energy Company Limited
- Bulk Trading Sa - Switzerland
- Semirara Mining Corp, Philippines
- Interocean Group of Companies - India
- London Commodity Brokers - England
- Makarim & Taira - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Leighton Contractors Pty Ltd - Australia
- The Treasury - Australian Government
- Bhushan Steel Limited - India
- Iligan Light & Power Inc, Philippines
- Electricity Authority, New Zealand
- Sree Jayajothi Cements Limited - India
- Bhatia International Limited - India
- Borneo Indobara - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Vizag Seaport Private Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sarangani Energy Corporation, Philippines
- Gujarat Sidhee Cement - India
- Bangladesh Power Developement Board
- Vijayanagar Sugar Pvt Ltd - India
- Latin American Coal - Colombia
- Billiton Holdings Pty Ltd - Australia
- Ambuja Cements Ltd - India
- IEA Clean Coal Centre - UK
- Wilmar Investment Holdings
- Jaiprakash Power Ventures ltd
- San Jose City I Power Corp, Philippines
- Chamber of Mines of South Africa
- Indo Tambangraya Megah - Indonesia
- MS Steel International - UAE
- Bharathi Cement Corporation - India
- Thai Mozambique Logistica
- Standard Chartered Bank - UAE
- Toyota Tsusho Corporation, Japan
- Parliament of New Zealand
- Sical Logistics Limited - India
- Star Paper Mills Limited - India
- Malabar Cements Ltd - India
- SMC Global Power, Philippines
- Tata Chemicals Ltd - India
- Energy Development Corp, Philippines
- Kepco SPC Power Corporation, Philippines
- Wood Mackenzie - Singapore
- Eastern Coal Council - USA
- TNB Fuel Sdn Bhd - Malaysia
- Aboitiz Power Corporation - Philippines
- Cement Manufacturers Association - India
- GMR Energy Limited - India
- Kobexindo Tractors - Indoneisa
- Petron Corporation, Philippines
- Indogreen Group - Indonesia
- Therma Luzon, Inc, Philippines
- Australian Coal Association
- Bukit Baiduri Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Mercuria Energy - Indonesia
- Salva Resources Pvt Ltd - India
- Madhucon Powers Ltd - India
- Xindia Steels Limited - India
- Ministry of Finance - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Central Electricity Authority - India
- Banpu Public Company Limited - Thailand
- Posco Energy - South Korea
- Siam City Cement PLC, Thailand
- Edison Trading Spa - Italy
- Orica Australia Pty. Ltd.
- Mercator Lines Limited - India
- Timah Investasi Mineral - Indoneisa
- Sojitz Corporation - Japan
- Kartika Selabumi Mining - Indonesia
- Commonwealth Bank - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bhoruka Overseas - Indonesia
- OPG Power Generation Pvt Ltd - India
- McConnell Dowell - Australia
- Directorate Of Revenue Intelligence - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Ministry of Mines - Canada
- Asmin Koalindo Tuhup - Indonesia
- Indika Energy - Indonesia
- Singapore Mercantile Exchange
- Planning Commission, India
- India Bulls Power Limited - India
- Port Waratah Coal Services - Australia
- ASAPP Information Group - India
- International Coal Ventures Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Bayan Resources Tbk. - Indonesia
- Manunggal Multi Energi - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Coalindo Energy - Indonesia
- Orica Mining Services - Indonesia
- Attock Cement Pakistan Limited
- Pendopo Energi Batubara - Indonesia
- IHS Mccloskey Coal Group - USA
- Rio Tinto Coal - Australia
- Parry Sugars Refinery, India
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