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Thursday, 27 August 20
BANGLADESH POWER MINISTRY SEEKING AUTHORITY TO CANCEL 13,000 MW OF PROPOSED COAL-FIRED CAPACITY - BUSINESS STANDARD
In a bid to move away from dirty energy, the Ministry of Power, Energy and Mineral Resources is seeking the prime minister’s approval to convert 13 large coal power projects into clean liquefied natural gas (LNG) based plants.
In a letter sent to the Prime Minister’s Office earlier this month, the Power Division said these 13 coal-based projects either made little progress or could not secure financing, a well-placed source said. Besides, coal power has become costlier in recent years than clean power.
These ongoing projects have a total capacity of 13,000 megawatts – which is more than the country’s current power consumption. As such, the ministry suggested keeping only the projects that are already under construction, and five ongoing coal power projects having 5,371MW of capacity fit the criteria.
The 13 other projects in question have acquired land, and they could be renegotiated into LNG based power projects, Power Division officials told The Business Standard.
State Minister for Energy and Power Nasrul Hamid, who announced the policy direction to shift from coal, recently revealed that financing issues and slow progress are the main reasons behind the re-thinking on the projects. “As most of the sponsored companies failed to get financing, we have decided to rethink the projects. However, further discussion will be taken with the directive of the prime minister,” he had said.
While coal power is difficult to finance, LNG attracts financiers easily now-a-days because of its declining price and clean reputation. Currently, the government is importing 1000 mmcf (million cubic feet) LNG per day through two floating storage units. However, it plans to increase the import capacity to 2,000 mmcf gas per day by 2030.
Meanwhile, a total of five LNG-based projects with a capacity of 8,750 megawatts of electricity are in the pipeline. Payra 3,600 megawatts and Moheskhali 3,600MW combined cycle power projects are the two of these plants which will be implemented by Siemens and General Electric (GE) respectively. Summit Power also joined hands with GE to set up another big LNG based power plant in Meghnaghat.
Source: The Business Standard
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Friday, 14 August 20
EIA: COAL PLANTS UNECONOMICAL IN MOST REGIONS - IEEFA
U.S. coal power generation plunged by 30 percent in the first half of 2020 off an already-depressed base, shoved out by natural gas and renewables ...
Thursday, 13 August 20
INDIA SHOULD RECORD A SLIGHT DECREASE IN THERMAL COAL IMPORTS, REACHING A VOLUME OF 167 MILLION TONS BY THE END OF 2020 - ASSOCARBONI
Regarding 2020 thermal coal imports forecasts, Vietnam’s coal imports showed a very strong growth in the first half of 2020 and it is believe ...
Thursday, 13 August 20
INDONESIA REMAINS THE LARGEST EXPORTER OF COAL IN THE WORLD - ASSOCARBONI
According to the last Assocarboni data for 2019, Indonesia remains the largest exporter in the world. Thermal coal exports have in fact reached 456 ...
Wednesday, 12 August 20
VIETNAM WAS THE PROTAGONIST OF A SIGNIFICANT INCREASE IN COAL IMPORTS IN 2019 - ASSOCARBONI
The latest Assocarboni data for 2019 also provide a detailed picture on the trend of the global coal import.
According to Assocarbon ...
Wednesday, 12 August 20
THE COAL MARKET IN ITALY - ASSOCARBONI
Italy, which in 2019 reported a decrease in thermal coal imports, with a volume of 7,5 million tons (-32% compared to 11 million tons in 2018), whi ...
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- Essar Steel Hazira Ltd - India
- Agrawal Coal Company - India
- Electricity Generating Authority of Thailand
- Binh Thuan Hamico - Vietnam
- London Commodity Brokers - England
- Marubeni Corporation - India
- Siam City Cement PLC, Thailand
- IHS Mccloskey Coal Group - USA
- Antam Resourcindo - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- ICICI Bank Limited - India
- Karaikal Port Pvt Ltd - India
- Australian Commodity Traders Exchange
- Indian Energy Exchange, India
- Petron Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Goldman Sachs - Singapore
- Global Coal Blending Company Limited - Australia
- Videocon Industries ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Miang Besar Coal Terminal - Indonesia
- Interocean Group of Companies - India
- Coalindo Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Directorate Of Revenue Intelligence - India
- Planning Commission, India
- Timah Investasi Mineral - Indoneisa
- SMG Consultants - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- IEA Clean Coal Centre - UK
- International Coal Ventures Pvt Ltd - India
- PowerSource Philippines DevCo
- Electricity Authority, New Zealand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Aditya Birla Group - India
- Australian Coal Association
- Ministry of Finance - Indonesia
- Thiess Contractors Indonesia
- Salva Resources Pvt Ltd - India
- Central Java Power - Indonesia
- Semirara Mining Corp, Philippines
- ASAPP Information Group - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- The State Trading Corporation of India Ltd
- Economic Council, Georgia
- Rio Tinto Coal - Australia
- Heidelberg Cement - Germany
- Vijayanagar Sugar Pvt Ltd - India
- The University of Queensland
- Karbindo Abesyapradhi - Indoneisa
- Mintek Dendrill Indonesia
- Lanco Infratech Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Orica Mining Services - Indonesia
- Makarim & Taira - Indonesia
- New Zealand Coal & Carbon
- Merrill Lynch Commodities Europe
- Kumho Petrochemical, South Korea
- Sree Jayajothi Cements Limited - India
- Eastern Coal Council - USA
- Star Paper Mills Limited - India
- Bulk Trading Sa - Switzerland
- Krishnapatnam Port Company Ltd. - India
- Central Electricity Authority - India
- Billiton Holdings Pty Ltd - Australia
- India Bulls Power Limited - India
- Savvy Resources Ltd - HongKong
- Malabar Cements Ltd - India
- Dalmia Cement Bharat India
- Maheswari Brothers Coal Limited - India
- Coastal Gujarat Power Limited - India
- TeaM Sual Corporation - Philippines
- Iligan Light & Power Inc, Philippines
- Deloitte Consulting - India
- Grasim Industreis Ltd - India
- Sarangani Energy Corporation, Philippines
- White Energy Company Limited
- Jorong Barutama Greston.PT - Indonesia
- Wilmar Investment Holdings
- Leighton Contractors Pty Ltd - Australia
- Vizag Seaport Private Limited - India
- Straits Asia Resources Limited - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Tata Chemicals Ltd - India
- McConnell Dowell - Australia
- Aboitiz Power Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Energy Development Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- Mjunction Services Limited - India
- South Luzon Thermal Energy Corporation
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Therma Luzon, Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Pendopo Energi Batubara - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Cement Manufacturers Association - India
- Rashtriya Ispat Nigam Limited - India
- AsiaOL BioFuels Corp., Philippines
- Metalloyd Limited - United Kingdom
- Georgia Ports Authority, United States
- GVK Power & Infra Limited - India
- Ambuja Cements Ltd - India
- Siam City Cement - Thailand
- Sical Logistics Limited - India
- Parry Sugars Refinery, India
- Riau Bara Harum - Indonesia
- Uttam Galva Steels Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Globalindo Alam Lestari - Indonesia
- Samtan Co., Ltd - South Korea
- European Bulk Services B.V. - Netherlands
- Port Waratah Coal Services - Australia
- Attock Cement Pakistan Limited
- Vedanta Resources Plc - India
- Oldendorff Carriers - Singapore
- Formosa Plastics Group - Taiwan
- Kohat Cement Company Ltd. - Pakistan
- CIMB Investment Bank - Malaysia
- Ministry of Mines - Canada
- Semirara Mining and Power Corporation, Philippines
- Parliament of New Zealand
- Energy Link Ltd, New Zealand
- Thai Mozambique Logistica
- Orica Australia Pty. Ltd.
- Indonesian Coal Mining Association
- Maharashtra Electricity Regulatory Commission - India
- GMR Energy Limited - India
- Trasteel International SA, Italy
- Jindal Steel & Power Ltd - India
- Indian Oil Corporation Limited
- Bhushan Steel Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Toyota Tsusho Corporation, Japan
- Intertek Mineral Services - Indonesia
- Bukit Makmur.PT - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Power Finance Corporation Ltd., India
- Sindya Power Generating Company Private Ltd
- Coal and Oil Company - UAE
- OPG Power Generation Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Chamber of Mines of South Africa
- Independent Power Producers Association of India
- SN Aboitiz Power Inc, Philippines
- Carbofer General Trading SA - India
- Bhatia International Limited - India
- Wood Mackenzie - Singapore
- Gujarat Electricity Regulatory Commission - India
- Ind-Barath Power Infra Limited - India
- Renaissance Capital - South Africa
- Commonwealth Bank - Australia
- Medco Energi Mining Internasional
- Kapuas Tunggal Persada - Indonesia
- Posco Energy - South Korea
- Romanian Commodities Exchange
- Mercuria Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- Anglo American - United Kingdom
- Larsen & Toubro Limited - India
- Indogreen Group - Indonesia
- Singapore Mercantile Exchange
- Global Business Power Corporation, Philippines
- Mercator Lines Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Bayan Resources Tbk. - Indonesia
- Latin American Coal - Colombia
- Meralco Power Generation, Philippines
- Bharathi Cement Corporation - India
- Chettinad Cement Corporation Ltd - India
- Manunggal Multi Energi - Indonesia
- The Treasury - Australian Government
- Barasentosa Lestari - Indonesia
- Kaltim Prima Coal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Gujarat Sidhee Cement - India
- CNBM International Corporation - China
- Altura Mining Limited, Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Baramulti Group, Indonesia
- Kobexindo Tractors - Indoneisa
- PTC India Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Edison Trading Spa - Italy
- Sojitz Corporation - Japan
- Price Waterhouse Coopers - Russia
- SMC Global Power, Philippines
- Borneo Indobara - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Global Green Power PLC Corporation, Philippines
- Madhucon Powers Ltd - India
- MS Steel International - UAE
- Bukit Baiduri Energy - Indonesia
- Xindia Steels Limited - India
- Jaiprakash Power Ventures ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Africa Commodities Group - South Africa
- Simpson Spence & Young - Indonesia
- Tamil Nadu electricity Board
- Bangladesh Power Developement Board
- Bank of Tokyo Mitsubishi UFJ Ltd
- LBH Netherlands Bv - Netherlands
- Kartika Selabumi Mining - Indonesia
- Bhoruka Overseas - Indonesia
- Indika Energy - Indonesia
- VISA Power Limited - India
- Eastern Energy - Thailand
- Sakthi Sugars Limited - India
- Ministry of Transport, Egypt
- San Jose City I Power Corp, Philippines
- Minerals Council of Australia
- Standard Chartered Bank - UAE
- Alfred C Toepfer International GmbH - Germany
- Kideco Jaya Agung - Indonesia
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