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Thursday, 26 November 20
COAL FINANCING QUICKLY DRYING UP WORLDWIDE - ANALYSTS : REUTERS
Financing for coal projects is drying up at ever increasing rates as more countries target zero carbon emissions amid an energy transition sweeping the world, participants at Asia’s biggest gathering of the coal industry said on Tuesday.
The exit from coal by big international banks and government-backed agencies, which has accelerated this year, is likely to push coal companies to use offsets to get funding and listed ones to go private to avoid shareholder pressure as the dirtiest fossil fuel is increasingly shunned.
With insurance companies, banks and other financiers pulling out of coal “we are seeing a real tide of all these forces moving in capital markets,” Lachlan Shaw, head of commodities research at ANZ, said at the virtual Coaltrans Asia conference. “What’s changed more recently is we have seen China, Japan and South Korea all commit to net-zero carbon emissions targets,” he said.
Carbon trading and offsets will become important tools companies to get finance for new projects, so they “can go to the financial markets and say we have a package here that is totally offset from a carbon emissions point of view,” he said.
Shaw said he expects more public listed companies to go private as shareholders focus more on the risks to investments from coal.
Even cleaner projects such as a coal gasification plant in Indonesia under consideration by coal miner PT Bukit Asam will struggle to obtain finance, said Ben Lawson, vice-chairman of the Djakarta Mining Club and chief operating officer of PT Sandman Coal Indonesia. “Even though gasification is the cleanest way of extracting power or downstream product for coal, its still coal,” he told the conference. To get financing, “I think its going to be a hard sell.”
- Aaron Sheldrick and Fransiska Nangoy -
Source: Reuters
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Wednesday, 25 November 20
CHINA KICKS AN OWN GOAL WITH AUSTRALIAN COAL - FORBES
China’s annoyance at Australia’s hardline stance on political interference and demands for an independent inquiry into the root cause o ...
Wednesday, 25 November 20
MINISTER - INDONESIA JAN-OCT COAL OUTPUT AT 459 MILLION TONNES - REUTERS
Indonesia coal output in the January to October period was 459 million tonnes, the country’s energy minister told parliament on Monday.
& ...
Wednesday, 25 November 20
INDIA: MORE STEPS NEEDED TO MAKE COMMERCIAL COAL MINING ATTRACTIVE TO GLOBAL PLAYERS - LIVEMINT
India concluded its first commercial coal mine auctions earlier this month. A total of 19 coal mines spread across Madhya Pradesh, Jharkhand, Odish ...
Wednesday, 25 November 20
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX UP 0.38 PCT - XINHUA
China Taiyuan coal transaction price index stood at 129.21 points Monday, up 0.38 percent week on week.
The index, released by China ...
Wednesday, 25 November 20
MARKET INSIGHT - INTERMODAL
Over 90% of the world’s goods are transported by sea. LPG is a clean, energy efficient and portable fuel that is being marketed at an afforda ...
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Showing 726 to 730 news of total 6871 |
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- Riau Bara Harum - Indonesia
- Indian Energy Exchange, India
- Australian Commodity Traders Exchange
- Ceylon Electricity Board - Sri Lanka
- Eastern Energy - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Pipit Mutiara Jaya. PT, Indonesia
- Chettinad Cement Corporation Ltd - India
- Latin American Coal - Colombia
- Bharathi Cement Corporation - India
- Central Java Power - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Mercator Lines Limited - India
- Meenaskhi Energy Private Limited - India
- Central Electricity Authority - India
- Standard Chartered Bank - UAE
- GAC Shipping (India) Pvt Ltd
- McConnell Dowell - Australia
- Global Coal Blending Company Limited - Australia
- Metalloyd Limited - United Kingdom
- Meralco Power Generation, Philippines
- Georgia Ports Authority, United States
- Bhatia International Limited - India
- ASAPP Information Group - India
- Simpson Spence & Young - Indonesia
- Toyota Tsusho Corporation, Japan
- Timah Investasi Mineral - Indoneisa
- European Bulk Services B.V. - Netherlands
- Bangladesh Power Developement Board
- Krishnapatnam Port Company Ltd. - India
- Cement Manufacturers Association - India
- Vedanta Resources Plc - India
- Aboitiz Power Corporation - Philippines
- Parry Sugars Refinery, India
- Kalimantan Lumbung Energi - Indonesia
- Videocon Industries ltd - India
- Ministry of Mines - Canada
- Indogreen Group - Indonesia
- Bulk Trading Sa - Switzerland
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Maheswari Brothers Coal Limited - India
- Bayan Resources Tbk. - Indonesia
- Uttam Galva Steels Limited - India
- Semirara Mining and Power Corporation, Philippines
- Goldman Sachs - Singapore
- Aditya Birla Group - India
- Coalindo Energy - Indonesia
- Xindia Steels Limited - India
- Kapuas Tunggal Persada - Indonesia
- Star Paper Mills Limited - India
- Energy Development Corp, Philippines
- Rio Tinto Coal - Australia
- Economic Council, Georgia
- Coastal Gujarat Power Limited - India
- TeaM Sual Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
- Gujarat Sidhee Cement - India
- Madhucon Powers Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Singapore Mercantile Exchange
- Ministry of Transport, Egypt
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Ind-Barath Power Infra Limited - India
- SMC Global Power, Philippines
- Samtan Co., Ltd - South Korea
- Posco Energy - South Korea
- Energy Link Ltd, New Zealand
- Ambuja Cements Ltd - India
- PNOC Exploration Corporation - Philippines
- Indonesian Coal Mining Association
- White Energy Company Limited
- Independent Power Producers Association of India
- Baramulti Group, Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Thai Mozambique Logistica
- Bukit Baiduri Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- Vizag Seaport Private Limited - India
- Merrill Lynch Commodities Europe
- Australian Coal Association
- Jindal Steel & Power Ltd - India
- Tamil Nadu electricity Board
- Edison Trading Spa - Italy
- VISA Power Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Lanco Infratech Ltd - India
- Barasentosa Lestari - Indonesia
- Orica Mining Services - Indonesia
- CNBM International Corporation - China
- Bhoruka Overseas - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Wood Mackenzie - Singapore
- MS Steel International - UAE
- Formosa Plastics Group - Taiwan
- Parliament of New Zealand
- Global Green Power PLC Corporation, Philippines
- Intertek Mineral Services - Indonesia
- New Zealand Coal & Carbon
- Holcim Trading Pte Ltd - Singapore
- San Jose City I Power Corp, Philippines
- Tata Chemicals Ltd - India
- Semirara Mining Corp, Philippines
- Medco Energi Mining Internasional
- Manunggal Multi Energi - Indonesia
- Grasim Industreis Ltd - India
- Sindya Power Generating Company Private Ltd
- International Coal Ventures Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Bank of Tokyo Mitsubishi UFJ Ltd
- Siam City Cement - Thailand
- Dalmia Cement Bharat India
- AsiaOL BioFuels Corp., Philippines
- Kumho Petrochemical, South Korea
- Sakthi Sugars Limited - India
- GVK Power & Infra Limited - India
- Globalindo Alam Lestari - Indonesia
- SN Aboitiz Power Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Port Waratah Coal Services - Australia
- Mjunction Services Limited - India
- Deloitte Consulting - India
- GMR Energy Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Borneo Indobara - Indonesia
- Attock Cement Pakistan Limited
- Anglo American - United Kingdom
- Global Business Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- The University of Queensland
- Iligan Light & Power Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Savvy Resources Ltd - HongKong
- Bhushan Steel Limited - India
- Cigading International Bulk Terminal - Indonesia
- Antam Resourcindo - Indonesia
- Larsen & Toubro Limited - India
- Oldendorff Carriers - Singapore
- Sree Jayajothi Cements Limited - India
- India Bulls Power Limited - India
- Minerals Council of Australia
- Jorong Barutama Greston.PT - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Essar Steel Hazira Ltd - India
- Heidelberg Cement - Germany
- Alfred C Toepfer International GmbH - Germany
- Sojitz Corporation - Japan
- Rashtriya Ispat Nigam Limited - India
- Altura Mining Limited, Indonesia
- Price Waterhouse Coopers - Russia
- Pendopo Energi Batubara - Indonesia
- Kideco Jaya Agung - Indonesia
- The State Trading Corporation of India Ltd
- Karbindo Abesyapradhi - Indoneisa
- ICICI Bank Limited - India
- Coal and Oil Company - UAE
- Gujarat Mineral Development Corp Ltd - India
- Interocean Group of Companies - India
- Kaltim Prima Coal - Indonesia
- Malabar Cements Ltd - India
- Ministry of Finance - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Orica Australia Pty. Ltd.
- Therma Luzon, Inc, Philippines
- Electricity Authority, New Zealand
- Salva Resources Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Commonwealth Bank - Australia
- Indika Energy - Indonesia
- Agrawal Coal Company - India
- Bukit Makmur.PT - Indonesia
- SMG Consultants - Indonesia
- Trasteel International SA, Italy
- London Commodity Brokers - England
- Carbofer General Trading SA - India
- Makarim & Taira - Indonesia
- Directorate Of Revenue Intelligence - India
- Thiess Contractors Indonesia
- Mintek Dendrill Indonesia
- Karaikal Port Pvt Ltd - India
- Africa Commodities Group - South Africa
- South Luzon Thermal Energy Corporation
- IEA Clean Coal Centre - UK
- Indian Oil Corporation Limited
- Power Finance Corporation Ltd., India
- Petron Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Mercuria Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- Eastern Coal Council - USA
- Banpu Public Company Limited - Thailand
- Siam City Cement PLC, Thailand
- Sical Logistics Limited - India
- Chamber of Mines of South Africa
- OPG Power Generation Pvt Ltd - India
- Marubeni Corporation - India
- Renaissance Capital - South Africa
- Straits Asia Resources Limited - Singapore
- PTC India Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- The Treasury - Australian Government
- Jaiprakash Power Ventures ltd
- Leighton Contractors Pty Ltd - Australia
- Planning Commission, India
- LBH Netherlands Bv - Netherlands
- PowerSource Philippines DevCo
- GN Power Mariveles Coal Plant, Philippines
- Romanian Commodities Exchange
- CIMB Investment Bank - Malaysia
- Electricity Generating Authority of Thailand
- Billiton Holdings Pty Ltd - Australia
- Kartika Selabumi Mining - Indonesia
- Wilmar Investment Holdings
- Miang Besar Coal Terminal - Indonesia
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