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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, 07 December 21
COAL FIRMS SEE SHARE PRICES SURGE MONDAY, AFTER GOVERNMENT READJUSTS CONTRACT PRICES - GLOBAL TIMES
Share prices of China’s coal enterprises jumped on Monday on the A-share market following a nationwide adjustment to annual thermal coal pric ...
Monday, 06 December 21
CHINA SETS 2022 ANNUAL THERMAL COAL PRICES AT 700 YUAN/T - MEDIA: REUTERS
China’s top economic planner has proposed to set annual thermal coal prices for 2022 at between 550 yuan and 850 yuan ($86-$133) per tonne, a ...
Thursday, 02 December 21
BUMI RECORDED US$ 666.18 MILLION AS REVENUE IN THE 3RD QUARTER, UP 13.31% YOY
PT Bumi Resources Tbk and its subsidiaries have recorded a surge in revenue in the third quarter of 2021. BUMI has recorded US$ 666.18 million as r ...
Thursday, 02 December 21
CHINA'S COAL CRUNCH IS OVER, BUT PRICES ARE STILL TOO HIGH - REUTERS
China’s coal crisis has largely been resolved with gains in both production and stockpiles sufficient to ensure power supplies over winter.
...
Wednesday, 01 December 21
2022 OUTLOOK: INDONESIAN COAL MINING - FITCH RATINGS
Fitch Ratings has a neutral outlook on the Indonesian coal sector for 2022.
Earnings generation should slow down as selling pr ...
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- Rio Tinto Coal - Australia
- Riau Bara Harum - Indonesia
- Uttam Galva Steels Limited - India
- Bayan Resources Tbk. - Indonesia
- Dalmia Cement Bharat India
- Gujarat Electricity Regulatory Commission - India
- Cement Manufacturers Association - India
- San Jose City I Power Corp, Philippines
- Borneo Indobara - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Kaltim Prima Coal - Indonesia
- India Bulls Power Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- SMC Global Power, Philippines
- Madhucon Powers Ltd - India
- Attock Cement Pakistan Limited
- Central Java Power - Indonesia
- OPG Power Generation Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Global Coal Blending Company Limited - Australia
- Mintek Dendrill Indonesia
- Bhushan Steel Limited - India
- Barasentosa Lestari - Indonesia
- Price Waterhouse Coopers - Russia
- IHS Mccloskey Coal Group - USA
- SN Aboitiz Power Inc, Philippines
- Directorate Of Revenue Intelligence - India
- Kalimantan Lumbung Energi - Indonesia
- Semirara Mining Corp, Philippines
- Anglo American - United Kingdom
- Vedanta Resources Plc - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Chamber of Mines of South Africa
- Timah Investasi Mineral - Indoneisa
- Banpu Public Company Limited - Thailand
- London Commodity Brokers - England
- Simpson Spence & Young - Indonesia
- Jindal Steel & Power Ltd - India
- Agrawal Coal Company - India
- Toyota Tsusho Corporation, Japan
- White Energy Company Limited
- Indo Tambangraya Megah - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Parliament of New Zealand
- Parry Sugars Refinery, India
- Australian Coal Association
- Orica Mining Services - Indonesia
- The State Trading Corporation of India Ltd
- Alfred C Toepfer International GmbH - Germany
- Maharashtra Electricity Regulatory Commission - India
- Samtan Co., Ltd - South Korea
- Indogreen Group - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Goldman Sachs - Singapore
- Antam Resourcindo - Indonesia
- Medco Energi Mining Internasional
- Indonesian Coal Mining Association
- Bhatia International Limited - India
- Heidelberg Cement - Germany
- Essar Steel Hazira Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Ambuja Cements Ltd - India
- Bukit Baiduri Energy - Indonesia
- Kumho Petrochemical, South Korea
- Ministry of Mines - Canada
- CIMB Investment Bank - Malaysia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Trasteel International SA, Italy
- Eastern Energy - Thailand
- Formosa Plastics Group - Taiwan
- Vizag Seaport Private Limited - India
- MS Steel International - UAE
- Malabar Cements Ltd - India
- Economic Council, Georgia
- VISA Power Limited - India
- Tata Chemicals Ltd - India
- Indian Oil Corporation Limited
- Australian Commodity Traders Exchange
- Xindia Steels Limited - India
- Manunggal Multi Energi - Indonesia
- Baramulti Group, Indonesia
- Central Electricity Authority - India
- Sakthi Sugars Limited - India
- Sical Logistics Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Holcim Trading Pte Ltd - Singapore
- Siam City Cement PLC, Thailand
- Global Green Power PLC Corporation, Philippines
- Indian Energy Exchange, India
- Maheswari Brothers Coal Limited - India
- The University of Queensland
- SMG Consultants - Indonesia
- Ind-Barath Power Infra Limited - India
- Chettinad Cement Corporation Ltd - India
- Mercator Lines Limited - India
- Salva Resources Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- LBH Netherlands Bv - Netherlands
- Thai Mozambique Logistica
- ASAPP Information Group - India
- Singapore Mercantile Exchange
- Independent Power Producers Association of India
- South Luzon Thermal Energy Corporation
- Billiton Holdings Pty Ltd - Australia
- Leighton Contractors Pty Ltd - Australia
- PowerSource Philippines DevCo
- PetroVietnam Power Coal Import and Supply Company
- Sree Jayajothi Cements Limited - India
- Power Finance Corporation Ltd., India
- Metalloyd Limited - United Kingdom
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Lanco Infratech Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Thiess Contractors Indonesia
- PTC India Limited - India
- Videocon Industries ltd - India
- Bulk Trading Sa - Switzerland
- Oldendorff Carriers - Singapore
- Sarangani Energy Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Binh Thuan Hamico - Vietnam
- Eastern Coal Council - USA
- Coalindo Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Karaikal Port Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- IEA Clean Coal Centre - UK
- Meralco Power Generation, Philippines
- Planning Commission, India
- Pendopo Energi Batubara - Indonesia
- GVK Power & Infra Limited - India
- Kartika Selabumi Mining - Indonesia
- GAC Shipping (India) Pvt Ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Savvy Resources Ltd - HongKong
- Miang Besar Coal Terminal - Indonesia
- Electricity Authority, New Zealand
- Petron Corporation, Philippines
- Larsen & Toubro Limited - India
- European Bulk Services B.V. - Netherlands
- Mercuria Energy - Indonesia
- GMR Energy Limited - India
- Aditya Birla Group - India
- Rashtriya Ispat Nigam Limited - India
- Star Paper Mills Limited - India
- Aboitiz Power Corporation - Philippines
- Siam City Cement - Thailand
- Sindya Power Generating Company Private Ltd
- Intertek Mineral Services - Indonesia
- Orica Australia Pty. Ltd.
- International Coal Ventures Pvt Ltd - India
- Renaissance Capital - South Africa
- Kepco SPC Power Corporation, Philippines
- Merrill Lynch Commodities Europe
- Semirara Mining and Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Posco Energy - South Korea
- Kideco Jaya Agung - Indonesia
- Interocean Group of Companies - India
- Straits Asia Resources Limited - Singapore
- CNBM International Corporation - China
- Makarim & Taira - Indonesia
- Ceylon Electricity Board - Sri Lanka
- ICICI Bank Limited - India
- Altura Mining Limited, Indonesia
- Ministry of Transport, Egypt
- GN Power Mariveles Coal Plant, Philippines
- Indika Energy - Indonesia
- Energy Development Corp, Philippines
- Tamil Nadu electricity Board
- Gujarat Sidhee Cement - India
- Kobexindo Tractors - Indoneisa
- Iligan Light & Power Inc, Philippines
- Energy Link Ltd, New Zealand
- Africa Commodities Group - South Africa
- Standard Chartered Bank - UAE
- Carbofer General Trading SA - India
- Sojitz Corporation - Japan
- Coastal Gujarat Power Limited - India
- Georgia Ports Authority, United States
- Ministry of Finance - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- The Treasury - Australian Government
- Bahari Cakrawala Sebuku - Indonesia
- Deloitte Consulting - India
- Marubeni Corporation - India
- Neyveli Lignite Corporation Ltd, - India
- Coal and Oil Company - UAE
- McConnell Dowell - Australia
- Globalindo Alam Lestari - Indonesia
- Latin American Coal - Colombia
- Bukit Makmur.PT - Indonesia
- Global Business Power Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Edison Trading Spa - Italy
- PNOC Exploration Corporation - Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- New Zealand Coal & Carbon
- Grasim Industreis Ltd - India
- Mjunction Services Limited - India
- Commonwealth Bank - Australia
- Bharathi Cement Corporation - India
- Meenaskhi Energy Private Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Kapuas Tunggal Persada - Indonesia
- Wood Mackenzie - Singapore
- Minerals Council of Australia
- Port Waratah Coal Services - Australia
- Romanian Commodities Exchange
- Bangladesh Power Developement Board
- Wilmar Investment Holdings
- Bukit Asam (Persero) Tbk - Indonesia
- Jaiprakash Power Ventures ltd
- Sinarmas Energy and Mining - Indonesia
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