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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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Thursday, 23 December 21
COAL DEMAND TO PEAK IN INDIA BY 2030, WILL BACK UP RENEWABLES: NITI REPORT - BUSINESS STANDARD
Coal will remain India’s mainstay energy source and the country will shape global demand this decade, two reports have said a month after the ...
Thursday, 23 December 21
INDONESIA’S 2022 COAL OUTPUT SEEN BETWEEN 637 MLN-664 MLN T- OFFICIAL - REUTERS
Indonesia’s 2022 coal output is estimated at between 637 million to 664 million tonnes based on production plans currently being finalised, s ...
Thursday, 23 December 21
VALE ANNOUNCES THE SALE OF ITS COAL ASSETS
Vale informs that, on this date, it has entered into a binding agreement with Vulcan to sell the Moatize coal mine and the Nacala Logistics Corrido ...
Thursday, 23 December 21
INDIA: CAPTIVE POWER PRODUCERS URGE GOVT TO ENSURE NORMAL COAL SUPPLIES - PTI
A captive power producers’ association has urged the government for 100 per cent normalisation of coal supply to captive power producers whil ...
Thursday, 23 December 21
MARKET INSIGHT - INTERMODAL
As an outstanding year for the dry bulk freight market comes to a close, so does a thriving year for the SnP market which can only be compared to 2 ...
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
- ASAPP Information Group - India
- Kideco Jaya Agung - Indonesia
- Australian Commodity Traders Exchange
- Commonwealth Bank - Australia
- Aditya Birla Group - India
- Indika Energy - Indonesia
- Ministry of Finance - Indonesia
- Sindya Power Generating Company Private Ltd
- Latin American Coal - Colombia
- Ceylon Electricity Board - Sri Lanka
- Malabar Cements Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Anglo American - United Kingdom
- Deloitte Consulting - India
- Cement Manufacturers Association - India
- Intertek Mineral Services - Indonesia
- Vedanta Resources Plc - India
- Mjunction Services Limited - India
- Madhucon Powers Ltd - India
- Ind-Barath Power Infra Limited - India
- Chettinad Cement Corporation Ltd - India
- San Jose City I Power Corp, Philippines
- Thiess Contractors Indonesia
- Marubeni Corporation - India
- Vizag Seaport Private Limited - India
- Krishnapatnam Port Company Ltd. - India
- Global Coal Blending Company Limited - Australia
- Coal and Oil Company - UAE
- Rio Tinto Coal - Australia
- Siam City Cement - Thailand
- Riau Bara Harum - Indonesia
- Sojitz Corporation - Japan
- Sinarmas Energy and Mining - Indonesia
- Interocean Group of Companies - India
- Medco Energi Mining Internasional
- IHS Mccloskey Coal Group - USA
- Xindia Steels Limited - India
- European Bulk Services B.V. - Netherlands
- Wilmar Investment Holdings
- PetroVietnam Power Coal Import and Supply Company
- Agrawal Coal Company - India
- Antam Resourcindo - Indonesia
- Grasim Industreis Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Eastern Coal Council - USA
- New Zealand Coal & Carbon
- Dalmia Cement Bharat India
- Georgia Ports Authority, United States
- South Luzon Thermal Energy Corporation
- Cigading International Bulk Terminal - Indonesia
- Banpu Public Company Limited - Thailand
- Indian Oil Corporation Limited
- Directorate Of Revenue Intelligence - India
- Indogreen Group - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Bangladesh Power Developement Board
- Alfred C Toepfer International GmbH - Germany
- Price Waterhouse Coopers - Russia
- Salva Resources Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Orica Australia Pty. Ltd.
- Thai Mozambique Logistica
- Orica Mining Services - Indonesia
- MS Steel International - UAE
- Manunggal Multi Energi - Indonesia
- Barasentosa Lestari - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Merrill Lynch Commodities Europe
- Kartika Selabumi Mining - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Billiton Holdings Pty Ltd - Australia
- VISA Power Limited - India
- Globalindo Alam Lestari - Indonesia
- International Coal Ventures Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sakthi Sugars Limited - India
- Energy Development Corp, Philippines
- Meralco Power Generation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Aboitiz Power Corporation - Philippines
- Standard Chartered Bank - UAE
- Independent Power Producers Association of India
- Pipit Mutiara Jaya. PT, Indonesia
- PowerSource Philippines DevCo
- Sarangani Energy Corporation, Philippines
- Gujarat Sidhee Cement - India
- Star Paper Mills Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Carbofer General Trading SA - India
- Larsen & Toubro Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- GMR Energy Limited - India
- Edison Trading Spa - Italy
- Indo Tambangraya Megah - Indonesia
- Tamil Nadu electricity Board
- Trasteel International SA, Italy
- Australian Coal Association
- Africa Commodities Group - South Africa
- Kohat Cement Company Ltd. - Pakistan
- Essar Steel Hazira Ltd - India
- Formosa Plastics Group - Taiwan
- Chamber of Mines of South Africa
- Posco Energy - South Korea
- Ministry of Mines - Canada
- Romanian Commodities Exchange
- Meenaskhi Energy Private Limited - India
- Bhoruka Overseas - Indonesia
- Electricity Authority, New Zealand
- Videocon Industries ltd - India
- Indonesian Coal Mining Association
- Indian Energy Exchange, India
- Altura Mining Limited, Indonesia
- Singapore Mercantile Exchange
- Petron Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Heidelberg Cement - Germany
- Goldman Sachs - Singapore
- CNBM International Corporation - China
- Energy Link Ltd, New Zealand
- OPG Power Generation Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- White Energy Company Limited
- Mercuria Energy - Indonesia
- Jaiprakash Power Ventures ltd
- Renaissance Capital - South Africa
- Karbindo Abesyapradhi - Indoneisa
- Bukit Makmur.PT - Indonesia
- London Commodity Brokers - England
- The Treasury - Australian Government
- Offshore Bulk Terminal Pte Ltd, Singapore
- Makarim & Taira - Indonesia
- Wood Mackenzie - Singapore
- SMC Global Power, Philippines
- Toyota Tsusho Corporation, Japan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Tata Chemicals Ltd - India
- Eastern Energy - Thailand
- Uttam Galva Steels Limited - India
- ICICI Bank Limited - India
- Semirara Mining Corp, Philippines
- Ambuja Cements Ltd - India
- Electricity Generating Authority of Thailand
- Borneo Indobara - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Central Java Power - Indonesia
- Kumho Petrochemical, South Korea
- Kepco SPC Power Corporation, Philippines
- Parliament of New Zealand
- Minerals Council of Australia
- Mintek Dendrill Indonesia
- Sical Logistics Limited - India
- Ministry of Transport, Egypt
- Lanco Infratech Ltd - India
- Economic Council, Georgia
- Bayan Resources Tbk. - Indonesia
- The University of Queensland
- Leighton Contractors Pty Ltd - Australia
- GVK Power & Infra Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Metalloyd Limited - United Kingdom
- Iligan Light & Power Inc, Philippines
- IEA Clean Coal Centre - UK
- Timah Investasi Mineral - Indoneisa
- Petrochimia International Co. Ltd.- Taiwan
- Coastal Gujarat Power Limited - India
- Siam City Cement PLC, Thailand
- Global Business Power Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Attock Cement Pakistan Limited
- Port Waratah Coal Services - Australia
- Global Green Power PLC Corporation, Philippines
- Bhushan Steel Limited - India
- Oldendorff Carriers - Singapore
- SMG Consultants - Indonesia
- Mercator Lines Limited - India
- AsiaOL BioFuels Corp., Philippines
- Karaikal Port Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coalindo Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- Therma Luzon, Inc, Philippines
- Binh Thuan Hamico - Vietnam
- Bhatia International Limited - India
- TeaM Sual Corporation - Philippines
- Baramulti Group, Indonesia
- Straits Asia Resources Limited - Singapore
- Gujarat Electricity Regulatory Commission - India
- Samtan Co., Ltd - South Korea
- Miang Besar Coal Terminal - Indonesia
- Kobexindo Tractors - Indoneisa
- Jindal Steel & Power Ltd - India
- India Bulls Power Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- PNOC Exploration Corporation - Philippines
- CIMB Investment Bank - Malaysia
- Planning Commission, India
- Power Finance Corporation Ltd., India
- Bharathi Cement Corporation - India
- PTC India Limited - India
- Parry Sugars Refinery, India
- The State Trading Corporation of India Ltd
- Pendopo Energi Batubara - Indonesia
- Kaltim Prima Coal - Indonesia
- Bulk Trading Sa - Switzerland
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Maheswari Brothers Coal Limited - India
- Simpson Spence & Young - Indonesia
- Sree Jayajothi Cements Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- McConnell Dowell - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Central Electricity Authority - India
- LBH Netherlands Bv - Netherlands
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