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Tuesday, 03 October 17
VIETNAM'S COAL-FIRED THERMAL POWER DEPENDENT ON CHINA - VIETNAMNET BRIDGE
 A report from the Green Innovation and Development Centre (GreenID) showed that, as of the end of last year, of 27 coal-fired thermopower plants, 14 had been built by Chinese EPC contractors.
The capital for the plants, about $8 billion, or 50 percent of total foreign capital flowing into coal-fired thermal power, is from China.
Also according to GreenID, 11 large-scale projects capitalized at billions of dollars and implemented under the BOT mode are Chinese invested. These include the $1.755 billion Vinh Tan 1 plant in Binh Thuan province invested by two Chinese enterprises which hold 95 percent of capital. The capital for the project, $1.4 billion, is provided by five Chinese banks.
The Hai Duong plant was initially registered by Jaks Resources Bhd from Malaysia, but it later transferred a 50 percent stake to Chinese CPECC Group.
Duyen Hai 2, 1,200 MW, is capitalized at $2.2 billion and invested by Malaysian JanaKuasa. Huadian Engineering from China is the EPC contractor.
The Chinese are also the investors of many other projects, though they don’t hold a controlling stake in other projects. Mong Duong 2 plant in Quang Ninh province, $2.1 billion, 1,240 MW, for example, has three investors, the US-based AES Group which holds a 51 percent stake and Posco Energy from South Korea which holds 30 percent and CIC from China 19 percent.
Experts also pointed out that Vietnam’s thermal power plants have become more dependent on coal imports. Under the seventh power development master plan, Vietnam would have to import 50 million tons of coal by 2020 and 80 million tons by 2030. The plants about to be built including Vung Ang, Vinh Tan and Duyen Hai would have to run with imported coal as domestic coal is unsuitable.
According to GDC, Vietnam imported 4.6 million tons of coal in the first four months of the year, mostly from Indonesia and Australia, worth $500 million. Experts estimated that Vietnam would need 130-150 tons of coal to generate electricity by 2030, while domestic sources can satisfy 30-40 percent of the demand.
Vietnam is dependent on both investors and input materials when developing coal-fired thermal power plants, which experts consider a high risk for national energy security.
Vu Dinh Anh, a renowned economist, warned that coal-fired BOT projects may turn into the landing field for outdated Chinese technology.
Meanwhile, Le Dang Doanh, also a respected economist, pointed out that the power demand in Vietnam has been increasing rapidly because it has been developing the electricity consuming industries such as cement and steel.
Source: Vietnamnet Bridge
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Tuesday, 07 November 17
MECHEL SIGNED LONG-TERM COAL SUPPLY CONTRACT WITH ITOCHU CORPORATION
Mechel PAO a leading Russian mining and metals company, reports signing a framework agreement with a major Japanese universal trading company Itoch ...
Tuesday, 07 November 17
DRY BULK SHIPPING: TAKE GOOD CARE OF THE RECOVERY SAYS PETER SAND
Demand:
Even without much support from Brazilian iron ore exports during August, capesize rates went from $10,000 to $17,000 per day. In Septembe ...
Tuesday, 07 November 17
COAL MARKETS WERE RELATIVELY BUOYANT - DANIEL HYNES
Coal markets were relatively buoyant. Metallurgical coal prices were supported by the stronger steel and iron ore prices, says Daniel Hynes, Senior ...
Tuesday, 07 November 17
PROSPERITY AND WINTER WARMTH REMAIN PARAMOUNT IN CHINA - JEFFREY LANDSBERG
Chinese officials announced recently that 580 gigawatts of coal-derived electricity generation capacity has completed ultra-low emissions reform as ...
Monday, 06 November 17
COAL SHORTAGE HURTS INDIA'S HINDALCO AND VEDANTA SAYS BUSINESS STANDARD
Aluminium smelter operations of Vedanta and Hindalco are at risk of turning unviable due to a coal crunch.
According to Business Standard an I ...
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Showing 1891 to 1895 news of total 6871 |
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- European Bulk Services B.V. - Netherlands
- Medco Energi Mining Internasional
- Uttam Galva Steels Limited - India
- Australian Commodity Traders Exchange
- IHS Mccloskey Coal Group - USA
- Rio Tinto Coal - Australia
- Australian Coal Association
- Maheswari Brothers Coal Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Ministry of Transport, Egypt
- MS Steel International - UAE
- Karaikal Port Pvt Ltd - India
- Aditya Birla Group - India
- Xindia Steels Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indo Tambangraya Megah - Indonesia
- Mercuria Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Romanian Commodities Exchange
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Finance - Indonesia
- The Treasury - Australian Government
- GMR Energy Limited - India
- Wilmar Investment Holdings
- Latin American Coal - Colombia
- Commonwealth Bank - Australia
- Vijayanagar Sugar Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Bukit Makmur.PT - Indonesia
- Semirara Mining Corp, Philippines
- OPG Power Generation Pvt Ltd - India
- Tamil Nadu electricity Board
- Straits Asia Resources Limited - Singapore
- Vedanta Resources Plc - India
- PowerSource Philippines DevCo
- Lanco Infratech Ltd - India
- Agrawal Coal Company - India
- ASAPP Information Group - India
- Ministry of Mines - Canada
- Directorate Of Revenue Intelligence - India
- VISA Power Limited - India
- Thai Mozambique Logistica
- Madhucon Powers Ltd - India
- Merrill Lynch Commodities Europe
- Meralco Power Generation, Philippines
- SMC Global Power, Philippines
- Borneo Indobara - Indonesia
- Global Coal Blending Company Limited - Australia
- Samtan Co., Ltd - South Korea
- Goldman Sachs - Singapore
- Port Waratah Coal Services - Australia
- Electricity Generating Authority of Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- PTC India Limited - India
- Timah Investasi Mineral - Indoneisa
- Trasteel International SA, Italy
- CIMB Investment Bank - Malaysia
- Parliament of New Zealand
- Tata Chemicals Ltd - India
- Marubeni Corporation - India
- Mintek Dendrill Indonesia
- Indian Oil Corporation Limited
- Billiton Holdings Pty Ltd - Australia
- New Zealand Coal & Carbon
- Sakthi Sugars Limited - India
- Bangladesh Power Developement Board
- Malabar Cements Ltd - India
- Sree Jayajothi Cements Limited - India
- Energy Development Corp, Philippines
- Essar Steel Hazira Ltd - India
- Toyota Tsusho Corporation, Japan
- San Jose City I Power Corp, Philippines
- Kideco Jaya Agung - Indonesia
- Binh Thuan Hamico - Vietnam
- Interocean Group of Companies - India
- Bharathi Cement Corporation - India
- Ambuja Cements Ltd - India
- Sojitz Corporation - Japan
- Barasentosa Lestari - Indonesia
- Bhoruka Overseas - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Gujarat Mineral Development Corp Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Meenaskhi Energy Private Limited - India
- SMG Consultants - Indonesia
- Kobexindo Tractors - Indoneisa
- Grasim Industreis Ltd - India
- Mercator Lines Limited - India
- Alfred C Toepfer International GmbH - Germany
- Posco Energy - South Korea
- Power Finance Corporation Ltd., India
- Dalmia Cement Bharat India
- GAC Shipping (India) Pvt Ltd
- Savvy Resources Ltd - HongKong
- Thiess Contractors Indonesia
- Attock Cement Pakistan Limited
- Star Paper Mills Limited - India
- Central Java Power - Indonesia
- Chamber of Mines of South Africa
- Holcim Trading Pte Ltd - Singapore
- Bukit Baiduri Energy - Indonesia
- Africa Commodities Group - South Africa
- Riau Bara Harum - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Cement Manufacturers Association - India
- Electricity Authority, New Zealand
- Jaiprakash Power Ventures ltd
- International Coal Ventures Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indonesian Coal Mining Association
- Siam City Cement - Thailand
- Heidelberg Cement - Germany
- Coalindo Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- Parry Sugars Refinery, India
- Singapore Mercantile Exchange
- Kapuas Tunggal Persada - Indonesia
- Kaltim Prima Coal - Indonesia
- Aboitiz Power Corporation - Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- McConnell Dowell - Australia
- GVK Power & Infra Limited - India
- Deloitte Consulting - India
- Ind-Barath Power Infra Limited - India
- White Energy Company Limited
- Price Waterhouse Coopers - Russia
- Ceylon Electricity Board - Sri Lanka
- Sindya Power Generating Company Private Ltd
- Planning Commission, India
- Pendopo Energi Batubara - Indonesia
- Chettinad Cement Corporation Ltd - India
- Metalloyd Limited - United Kingdom
- Indian Energy Exchange, India
- Cigading International Bulk Terminal - Indonesia
- Indika Energy - Indonesia
- Antam Resourcindo - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Pipit Mutiara Jaya. PT, Indonesia
- Energy Link Ltd, New Zealand
- Gujarat Electricity Regulatory Commission - India
- Global Business Power Corporation, Philippines
- Edison Trading Spa - Italy
- CNBM International Corporation - China
- Semirara Mining and Power Corporation, Philippines
- Oldendorff Carriers - Singapore
- ICICI Bank Limited - India
- Eastern Energy - Thailand
- Jorong Barutama Greston.PT - Indonesia
- Mjunction Services Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- The State Trading Corporation of India Ltd
- Wood Mackenzie - Singapore
- Bulk Trading Sa - Switzerland
- Sical Logistics Limited - India
- Makarim & Taira - Indonesia
- Vizag Seaport Private Limited - India
- Formosa Plastics Group - Taiwan
- Maharashtra Electricity Regulatory Commission - India
- Bhatia International Limited - India
- Sinarmas Energy and Mining - Indonesia
- Standard Chartered Bank - UAE
- Videocon Industries ltd - India
- Anglo American - United Kingdom
- Banpu Public Company Limited - Thailand
- Miang Besar Coal Terminal - Indonesia
- Minerals Council of Australia
- Kumho Petrochemical, South Korea
- Karbindo Abesyapradhi - Indoneisa
- Altura Mining Limited, Indonesia
- Orica Mining Services - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Orica Australia Pty. Ltd.
- Siam City Cement PLC, Thailand
- Coal and Oil Company - UAE
- Salva Resources Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Bayan Resources Tbk. - Indonesia
- Indogreen Group - Indonesia
- South Luzon Thermal Energy Corporation
- Iligan Light & Power Inc, Philippines
- Renaissance Capital - South Africa
- Gujarat Sidhee Cement - India
- India Bulls Power Limited - India
- Central Electricity Authority - India
- Economic Council, Georgia
- Neyveli Lignite Corporation Ltd, - India
- Jindal Steel & Power Ltd - India
- The University of Queensland
- IEA Clean Coal Centre - UK
- Sarangani Energy Corporation, Philippines
- Petron Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Rashtriya Ispat Nigam Limited - India
- Leighton Contractors Pty Ltd - Australia
- Bhushan Steel Limited - India
- Eastern Coal Council - USA
- Globalindo Alam Lestari - Indonesia
- Intertek Mineral Services - Indonesia
- Baramulti Group, Indonesia
- Simpson Spence & Young - Indonesia
- Larsen & Toubro Limited - India
- Therma Luzon, Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- TNB Fuel Sdn Bhd - Malaysia
- Independent Power Producers Association of India
- Kepco SPC Power Corporation, Philippines
- London Commodity Brokers - England
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Carbofer General Trading SA - India
- SN Aboitiz Power Inc, Philippines
- TeaM Sual Corporation - Philippines
- Manunggal Multi Energi - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Georgia Ports Authority, United States
- Truba Alam Manunggal Engineering.Tbk - Indonesia
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