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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Vu Dinh Anh, a renowned economist, warned that coal-fired BOT projects may turn into the landing field for outdated Chinese technology.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, 17 October 17
SULPHUR 2020: COMING, READY OR NOT - ALIBRA SHIPPING
Some 70% of shipping companies surveyed say they do not believe the industry is ready for IMO’s 2020 deadline, when a global limit of 0.5% su ...
Tuesday, 17 October 17
U.S RECORD EXPORTS OIL TO EAST HAS HELPED THE TANKER TRADE - GEORGE LAZARIDIS
There was a flood of fresh news this week which clouded the overall prospects of the crude oil market. Just one week prior Saudi Arabia and Russia, ...
Monday, 16 October 17
INDONESIA TO INDIA COAL FREIGHT RATES STAY FIRM
COALspot.com: The daily average earnings for Supramax, for the route Indonesia to India passing through Singapore has stayed firm, week over week, ...
Friday, 13 October 17
INDIKA ENERGY SIGNS SHARE PURCHASE AGREEMENTS FOR AN ADDITIONAL 45% STAKE IN KIDECO
PT Indika Energy Tbk. and its wholly-owned subsidiary PT Indika Inti Corpindo (collectively, “Indika Energy”) has entered into separate ...
Friday, 13 October 17
THE SHORT-TERM OUTLOOK FOR THE PANAMAX MARKET REMAIN POSITIVE - FEARNLEYS
Supramax
The market has picked up strongly since last week with the Chinese holidays. In the Pacific rates are increasing with some strong number ...
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Showing 1911 to 1915 news of total 6871 |
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- Simpson Spence & Young - Indonesia
- Siam City Cement PLC, Thailand
- Ministry of Mines - Canada
- AsiaOL BioFuels Corp., Philippines
- Semirara Mining and Power Corporation, Philippines
- Interocean Group of Companies - India
- Standard Chartered Bank - UAE
- Salva Resources Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- CIMB Investment Bank - Malaysia
- PowerSource Philippines DevCo
- TNB Fuel Sdn Bhd - Malaysia
- Mjunction Services Limited - India
- Antam Resourcindo - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Baramulti Group, Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Goldman Sachs - Singapore
- Ministry of Transport, Egypt
- New Zealand Coal & Carbon
- CNBM International Corporation - China
- Attock Cement Pakistan Limited
- Independent Power Producers Association of India
- Vijayanagar Sugar Pvt Ltd - India
- Larsen & Toubro Limited - India
- Australian Commodity Traders Exchange
- Iligan Light & Power Inc, Philippines
- Rio Tinto Coal - Australia
- Maheswari Brothers Coal Limited - India
- GMR Energy Limited - India
- Bukit Makmur.PT - Indonesia
- Eastern Energy - Thailand
- Videocon Industries ltd - India
- London Commodity Brokers - England
- Makarim & Taira - Indonesia
- Indian Energy Exchange, India
- Bukit Baiduri Energy - Indonesia
- Coal and Oil Company - UAE
- Indogreen Group - Indonesia
- Posco Energy - South Korea
- South Luzon Thermal Energy Corporation
- Kepco SPC Power Corporation, Philippines
- Xindia Steels Limited - India
- Global Coal Blending Company Limited - Australia
- Orica Australia Pty. Ltd.
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Singapore Mercantile Exchange
- Kumho Petrochemical, South Korea
- Agrawal Coal Company - India
- Medco Energi Mining Internasional
- Aboitiz Power Corporation - Philippines
- Jorong Barutama Greston.PT - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Karaikal Port Pvt Ltd - India
- Mercator Lines Limited - India
- Power Finance Corporation Ltd., India
- Metalloyd Limited - United Kingdom
- Straits Asia Resources Limited - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Central Electricity Authority - India
- SN Aboitiz Power Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Tamil Nadu electricity Board
- Ambuja Cements Ltd - India
- Cement Manufacturers Association - India
- Miang Besar Coal Terminal - Indonesia
- LBH Netherlands Bv - Netherlands
- Banpu Public Company Limited - Thailand
- Commonwealth Bank - Australia
- Electricity Generating Authority of Thailand
- Africa Commodities Group - South Africa
- Kaltim Prima Coal - Indonesia
- Orica Mining Services - Indonesia
- Thiess Contractors Indonesia
- Billiton Holdings Pty Ltd - Australia
- PetroVietnam Power Coal Import and Supply Company
- Grasim Industreis Ltd - India
- Wood Mackenzie - Singapore
- Gujarat Electricity Regulatory Commission - India
- Vedanta Resources Plc - India
- Kalimantan Lumbung Energi - Indonesia
- OPG Power Generation Pvt Ltd - India
- Madhucon Powers Ltd - India
- Renaissance Capital - South Africa
- Lanco Infratech Ltd - India
- The State Trading Corporation of India Ltd
- Pendopo Energi Batubara - Indonesia
- Coalindo Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- MS Steel International - UAE
- Indian Oil Corporation Limited
- Ministry of Finance - Indonesia
- Directorate Of Revenue Intelligence - India
- GN Power Mariveles Coal Plant, Philippines
- Star Paper Mills Limited - India
- Malabar Cements Ltd - India
- Central Java Power - Indonesia
- Chamber of Mines of South Africa
- Mintek Dendrill Indonesia
- Gujarat Sidhee Cement - India
- ICICI Bank Limited - India
- Georgia Ports Authority, United States
- Deloitte Consulting - India
- Semirara Mining Corp, Philippines
- Parry Sugars Refinery, India
- Bharathi Cement Corporation - India
- The University of Queensland
- India Bulls Power Limited - India
- Chettinad Cement Corporation Ltd - India
- Ind-Barath Power Infra Limited - India
- Sindya Power Generating Company Private Ltd
- Sojitz Corporation - Japan
- Karbindo Abesyapradhi - Indoneisa
- Tata Chemicals Ltd - India
- Marubeni Corporation - India
- Alfred C Toepfer International GmbH - Germany
- Jindal Steel & Power Ltd - India
- Petron Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Kobexindo Tractors - Indoneisa
- McConnell Dowell - Australia
- Vizag Seaport Private Limited - India
- GAC Shipping (India) Pvt Ltd
- Formosa Plastics Group - Taiwan
- IEA Clean Coal Centre - UK
- Energy Link Ltd, New Zealand
- Port Waratah Coal Services - Australia
- VISA Power Limited - India
- ASAPP Information Group - India
- Ceylon Electricity Board - Sri Lanka
- Oldendorff Carriers - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Global Green Power PLC Corporation, Philippines
- Uttam Galva Steels Limited - India
- Timah Investasi Mineral - Indoneisa
- Rashtriya Ispat Nigam Limited - India
- White Energy Company Limited
- Eastern Coal Council - USA
- Economic Council, Georgia
- Bhushan Steel Limited - India
- Jaiprakash Power Ventures ltd
- Trasteel International SA, Italy
- International Coal Ventures Pvt Ltd - India
- Sakthi Sugars Limited - India
- Electricity Authority, New Zealand
- Kapuas Tunggal Persada - Indonesia
- Savvy Resources Ltd - HongKong
- Pipit Mutiara Jaya. PT, Indonesia
- Minerals Council of Australia
- Altura Mining Limited, Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Coastal Gujarat Power Limited - India
- Sical Logistics Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Merrill Lynch Commodities Europe
- Romanian Commodities Exchange
- SMC Global Power, Philippines
- Meralco Power Generation, Philippines
- IHS Mccloskey Coal Group - USA
- Mercuria Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Price Waterhouse Coopers - Russia
- Global Business Power Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PNOC Exploration Corporation - Philippines
- GVK Power & Infra Limited - India
- Indonesian Coal Mining Association
- Therma Luzon, Inc, Philippines
- Borneo Indobara - Indonesia
- Kideco Jaya Agung - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Bangladesh Power Developement Board
- Barasentosa Lestari - Indonesia
- Sarangani Energy Corporation, Philippines
- Anglo American - United Kingdom
- Indo Tambangraya Megah - Indonesia
- San Jose City I Power Corp, Philippines
- Planning Commission, India
- Asmin Koalindo Tuhup - Indonesia
- Sree Jayajothi Cements Limited - India
- Thai Mozambique Logistica
- Energy Development Corp, Philippines
- Siam City Cement - Thailand
- Kartika Selabumi Mining - Indonesia
- Samtan Co., Ltd - South Korea
- The Treasury - Australian Government
- Neyveli Lignite Corporation Ltd, - India
- Bhoruka Overseas - Indonesia
- Indika Energy - Indonesia
- Aditya Birla Group - India
- Sinarmas Energy and Mining - Indonesia
- Edison Trading Spa - Italy
- Manunggal Multi Energi - Indonesia
- Heidelberg Cement - Germany
- Bhatia International Limited - India
- Riau Bara Harum - Indonesia
- Toyota Tsusho Corporation, Japan
- Bulk Trading Sa - Switzerland
- Wilmar Investment Holdings
- Binh Thuan Hamico - Vietnam
- SMG Consultants - Indonesia
- Carbofer General Trading SA - India
- Intertek Mineral Services - Indonesia
- Cigading International Bulk Terminal - Indonesia
- PTC India Limited - India
- Bayan Resources Tbk. - Indonesia
- Dalmia Cement Bharat India
- Essar Steel Hazira Ltd - India
- TeaM Sual Corporation - Philippines
- Latin American Coal - Colombia
- Meenaskhi Energy Private Limited - India
- Parliament of New Zealand
- Australian Coal Association
- European Bulk Services B.V. - Netherlands
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