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Monday, 14 December 20
PHILIPPINE BANK RCBC TO STOP LENDING FOR NEW COAL-FIRED POWER PROJECTS - MANILA BULLETIN
Yuchengco-led Rizal Commercial Banking Corporation (RCBC) has forthrightly declared that it will no longer extend financing to new coal-fired power projects in the Philippines.
That came as a daring statement from RCBC President and CEO Eugene S. Acevedo, the first bank chief executive to do so following last month’s coal moratorium declaration by the Department of Energy. “No more coal, no more coal. I’ll say that slowly — NO MORE COAL,” he told reporters who were attending the Yuchengco Groups’ Future-Proofing 2021 virtual forum.
Acevedo made it clear to the journalists that the bank will be taking a milestone change and shift on its energy project funding – that the leaning moving forward will be largely on renewables and gas-fired power facilities.
“The good news is, many of those who used to be coal are migrating to renewables,” the RCBC chief executive said, noting that while there might not be a set percentage on their energy loan portfolios now, the sure thing is they will just bankroll clean energy projects in the foreseeable future.
“I’m going to say that moving forward, all our loans for energy projects will be non-coal, it will be 100 percent non-coal… but it’s very difficult for the country to subsist on purely renewables, so we’ll have a mix,” he said.
Acevedo further opined that “to create a robust energy grid, there has to be a combination of renewables plus a few power plants that are rapidly ratcheted up — and those plants are usually gas-fired. So, we might have a combination of gas and a lot of renewables moving forward.”
- Myrna M. Velasco -
Source: Manila Bulletin
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Wednesday, 16 December 20
CHINA TO BOOST DOMESTIC SUPPLY - FITCH
China’s benchmark Qinhuangdao 5,500kcal/kg coal price rose above the government’s upper yellow interval of CNY600/tonne in early Octobe ...
Wednesday, 16 December 20
INDONESIAN COAL RECOVERING - FITCH
Commenting on Indonesian coal, Fitch Ratings, the Indonesian 4,200 kcal index has begun to recover, improving to over USD 29 in November compared t ...
Tuesday, 15 December 20
NEWCASTLE PRICES RECOVER - FITCH
Prices for the benchmark Newcastle 6,000 kcal/kg grade coal have rebounded to over USD 70/tonne since late November as major Asian economies ease l ...
Tuesday, 15 December 20
APAC COAL PRICES REBOUND ON IMPROVED DEMAND AND SUPPLY CUTS - FITCH RATINGS
Prices for the benchmark Newcastle 6,000kcal/kg grade coal have rebounded to over USD70/tonne since late November as major Asian economies ease loc ...
Tuesday, 15 December 20
CHINA EXTENDS FULL OPEN GESTURE TO IMPORTED COAL EXCEPT FOR AUSTRALIA - GLOBAL TIMES
Domestic, overseas suppliers will take up share with easier clearance
China's top economic planner on Saturday gave approval to ...
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Showing 706 to 710 news of total 6871 |
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- GVK Power & Infra Limited - India
- Savvy Resources Ltd - HongKong
- Kartika Selabumi Mining - Indonesia
- White Energy Company Limited
- Siam City Cement - Thailand
- Binh Thuan Hamico - Vietnam
- Edison Trading Spa - Italy
- Central Java Power - Indonesia
- Ministry of Transport, Egypt
- Kaltim Prima Coal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Meralco Power Generation, Philippines
- IEA Clean Coal Centre - UK
- Bukit Makmur.PT - Indonesia
- New Zealand Coal & Carbon
- Orica Mining Services - Indonesia
- Coastal Gujarat Power Limited - India
- Leighton Contractors Pty Ltd - Australia
- Mintek Dendrill Indonesia
- Karaikal Port Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Star Paper Mills Limited - India
- Meenaskhi Energy Private Limited - India
- Barasentosa Lestari - Indonesia
- Heidelberg Cement - Germany
- Krishnapatnam Port Company Ltd. - India
- Intertek Mineral Services - Indonesia
- OPG Power Generation Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Sakthi Sugars Limited - India
- Australian Commodity Traders Exchange
- International Coal Ventures Pvt Ltd - India
- Lanco Infratech Ltd - India
- Planning Commission, India
- Jaiprakash Power Ventures ltd
- Merrill Lynch Commodities Europe
- The University of Queensland
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bhatia International Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Toyota Tsusho Corporation, Japan
- Vijayanagar Sugar Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Ministry of Finance - Indonesia
- Deloitte Consulting - India
- Cigading International Bulk Terminal - Indonesia
- Wood Mackenzie - Singapore
- Therma Luzon, Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bukit Baiduri Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Indian Oil Corporation Limited
- Eastern Energy - Thailand
- Kalimantan Lumbung Energi - Indonesia
- Marubeni Corporation - India
- Timah Investasi Mineral - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- Banpu Public Company Limited - Thailand
- GN Power Mariveles Coal Plant, Philippines
- The State Trading Corporation of India Ltd
- Ceylon Electricity Board - Sri Lanka
- Chamber of Mines of South Africa
- Kumho Petrochemical, South Korea
- Posco Energy - South Korea
- Siam City Cement PLC, Thailand
- Kepco SPC Power Corporation, Philippines
- Bhushan Steel Limited - India
- Interocean Group of Companies - India
- Maheswari Brothers Coal Limited - India
- Global Coal Blending Company Limited - Australia
- Standard Chartered Bank - UAE
- Mjunction Services Limited - India
- Parliament of New Zealand
- Formosa Plastics Group - Taiwan
- Makarim & Taira - Indonesia
- Sical Logistics Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Oldendorff Carriers - Singapore
- Baramulti Group, Indonesia
- Uttam Galva Steels Limited - India
- Coal and Oil Company - UAE
- Sindya Power Generating Company Private Ltd
- Indika Energy - Indonesia
- Directorate Of Revenue Intelligence - India
- PTC India Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Jindal Steel & Power Ltd - India
- Tata Chemicals Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Globalindo Alam Lestari - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Independent Power Producers Association of India
- Price Waterhouse Coopers - Russia
- Power Finance Corporation Ltd., India
- Energy Link Ltd, New Zealand
- Kapuas Tunggal Persada - Indonesia
- The Treasury - Australian Government
- Commonwealth Bank - Australia
- Gujarat Sidhee Cement - India
- Pendopo Energi Batubara - Indonesia
- Chettinad Cement Corporation Ltd - India
- Larsen & Toubro Limited - India
- Central Electricity Authority - India
- Alfred C Toepfer International GmbH - Germany
- Wilmar Investment Holdings
- Ministry of Mines - Canada
- Minerals Council of Australia
- Bukit Asam (Persero) Tbk - Indonesia
- GMR Energy Limited - India
- Grasim Industreis Ltd - India
- Mercator Lines Limited - India
- Straits Asia Resources Limited - Singapore
- PowerSource Philippines DevCo
- PNOC Exploration Corporation - Philippines
- Global Business Power Corporation, Philippines
- Aditya Birla Group - India
- Carbofer General Trading SA - India
- Georgia Ports Authority, United States
- Borneo Indobara - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Coalindo Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Orica Australia Pty. Ltd.
- Iligan Light & Power Inc, Philippines
- Petron Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- TeaM Sual Corporation - Philippines
- Thai Mozambique Logistica
- Simpson Spence & Young - Indonesia
- Medco Energi Mining Internasional
- Gujarat Mineral Development Corp Ltd - India
- Port Waratah Coal Services - Australia
- Holcim Trading Pte Ltd - Singapore
- Indonesian Coal Mining Association
- Thiess Contractors Indonesia
- CIMB Investment Bank - Malaysia
- Goldman Sachs - Singapore
- Kideco Jaya Agung - Indonesia
- Bulk Trading Sa - Switzerland
- Singapore Mercantile Exchange
- Bangladesh Power Developement Board
- London Commodity Brokers - England
- Rio Tinto Coal - Australia
- Attock Cement Pakistan Limited
- Global Green Power PLC Corporation, Philippines
- Africa Commodities Group - South Africa
- IHS Mccloskey Coal Group - USA
- Kohat Cement Company Ltd. - Pakistan
- Miang Besar Coal Terminal - Indonesia
- Salva Resources Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Sarangani Energy Corporation, Philippines
- Madhucon Powers Ltd - India
- Vizag Seaport Private Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Economic Council, Georgia
- San Jose City I Power Corp, Philippines
- Malabar Cements Ltd - India
- Eastern Coal Council - USA
- Anglo American - United Kingdom
- Sree Jayajothi Cements Limited - India
- Mercuria Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Bharathi Cement Corporation - India
- Renaissance Capital - South Africa
- ASAPP Information Group - India
- Metalloyd Limited - United Kingdom
- Indo Tambangraya Megah - Indonesia
- Agrawal Coal Company - India
- Indian Energy Exchange, India
- Samtan Co., Ltd - South Korea
- Latin American Coal - Colombia
- SMC Global Power, Philippines
- Electricity Generating Authority of Thailand
- Ambuja Cements Ltd - India
- Bhoruka Overseas - Indonesia
- SN Aboitiz Power Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- CNBM International Corporation - China
- MS Steel International - UAE
- Altura Mining Limited, Indonesia
- Dalmia Cement Bharat India
- Sojitz Corporation - Japan
- Australian Coal Association
- Parry Sugars Refinery, India
- Indogreen Group - Indonesia
- Romanian Commodities Exchange
- Trasteel International SA, Italy
- McConnell Dowell - Australia
- Energy Development Corp, Philippines
- Cement Manufacturers Association - India
- Electricity Authority, New Zealand
- Semirara Mining and Power Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Semirara Mining Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- LBH Netherlands Bv - Netherlands
- SMG Consultants - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- VISA Power Limited - India
- Kobexindo Tractors - Indoneisa
- South Luzon Thermal Energy Corporation
- Aboitiz Power Corporation - Philippines
- Xindia Steels Limited - India
- Tamil Nadu electricity Board
- ICICI Bank Limited - India
- Riau Bara Harum - Indonesia
- Videocon Industries ltd - India
- Maharashtra Electricity Regulatory Commission - India
- India Bulls Power Limited - India
- Ind-Barath Power Infra Limited - India
- Vedanta Resources Plc - India
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