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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, 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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- Videocon Industries ltd - India
- GMR Energy Limited - India
- Marubeni Corporation - India
- Port Waratah Coal Services - Australia
- Intertek Mineral Services - Indonesia
- European Bulk Services B.V. - Netherlands
- SN Aboitiz Power Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indogreen Group - Indonesia
- Indian Oil Corporation Limited
- Banpu Public Company Limited - Thailand
- Aboitiz Power Corporation - Philippines
- Bukit Baiduri Energy - Indonesia
- Semirara Mining Corp, Philippines
- Toyota Tsusho Corporation, Japan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Posco Energy - South Korea
- Agrawal Coal Company - India
- Sakthi Sugars Limited - India
- Minerals Council of Australia
- SMG Consultants - Indonesia
- Bayan Resources Tbk. - Indonesia
- Anglo American - United Kingdom
- Larsen & Toubro Limited - India
- Indo Tambangraya Megah - Indonesia
- Straits Asia Resources Limited - Singapore
- Kohat Cement Company Ltd. - Pakistan
- The State Trading Corporation of India Ltd
- SMC Global Power, Philippines
- Jaiprakash Power Ventures ltd
- London Commodity Brokers - England
- Malabar Cements Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Global Coal Blending Company Limited - Australia
- Parliament of New Zealand
- Grasim Industreis Ltd - India
- Bhoruka Overseas - Indonesia
- Australian Coal Association
- Standard Chartered Bank - UAE
- Leighton Contractors Pty Ltd - Australia
- Energy Development Corp, Philippines
- Wilmar Investment Holdings
- Ministry of Mines - Canada
- Medco Energi Mining Internasional
- India Bulls Power Limited - India
- Antam Resourcindo - Indonesia
- GVK Power & Infra Limited - India
- Interocean Group of Companies - India
- Alfred C Toepfer International GmbH - Germany
- Kumho Petrochemical, South Korea
- Tata Chemicals Ltd - India
- Deloitte Consulting - India
- Thai Mozambique Logistica
- The University of Queensland
- Eastern Energy - Thailand
- CIMB Investment Bank - Malaysia
- Chettinad Cement Corporation Ltd - India
- Lanco Infratech Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Australian Commodity Traders Exchange
- Baramulti Group, Indonesia
- Indian Energy Exchange, India
- Sarangani Energy Corporation, Philippines
- Africa Commodities Group - South Africa
- New Zealand Coal & Carbon
- Holcim Trading Pte Ltd - Singapore
- Riau Bara Harum - Indonesia
- Heidelberg Cement - Germany
- Central Electricity Authority - India
- AsiaOL BioFuels Corp., Philippines
- Sojitz Corporation - Japan
- San Jose City I Power Corp, Philippines
- Electricity Authority, New Zealand
- Sical Logistics Limited - India
- Chamber of Mines of South Africa
- Billiton Holdings Pty Ltd - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- TeaM Sual Corporation - Philippines
- PowerSource Philippines DevCo
- Orica Australia Pty. Ltd.
- Coastal Gujarat Power Limited - India
- Mercuria Energy - Indonesia
- Savvy Resources Ltd - HongKong
- Xindia Steels Limited - India
- Iligan Light & Power Inc, Philippines
- Ministry of Finance - Indonesia
- Commonwealth Bank - Australia
- Karaikal Port Pvt Ltd - India
- Dalmia Cement Bharat India
- Eastern Coal Council - USA
- Kapuas Tunggal Persada - Indonesia
- Bhatia International Limited - India
- Coalindo Energy - Indonesia
- Simpson Spence & Young - Indonesia
- Orica Mining Services - Indonesia
- Globalindo Alam Lestari - Indonesia
- Sree Jayajothi Cements Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- CNBM International Corporation - China
- Uttam Galva Steels Limited - India
- Therma Luzon, Inc, Philippines
- Gujarat Sidhee Cement - India
- Rashtriya Ispat Nigam Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- TNB Fuel Sdn Bhd - Malaysia
- Meralco Power Generation, Philippines
- Planning Commission, India
- Kepco SPC Power Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Price Waterhouse Coopers - Russia
- Renaissance Capital - South Africa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- South Luzon Thermal Energy Corporation
- Bhushan Steel Limited - India
- Attock Cement Pakistan Limited
- Bahari Cakrawala Sebuku - Indonesia
- McConnell Dowell - Australia
- Georgia Ports Authority, United States
- GAC Shipping (India) Pvt Ltd
- Gujarat Electricity Regulatory Commission - India
- Wood Mackenzie - Singapore
- OPG Power Generation Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Bulk Trading Sa - Switzerland
- PTC India Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Thiess Contractors Indonesia
- Makarim & Taira - Indonesia
- IHS Mccloskey Coal Group - USA
- Ambuja Cements Ltd - India
- White Energy Company Limited
- Bharathi Cement Corporation - India
- Meenaskhi Energy Private Limited - India
- Global Green Power PLC Corporation, Philippines
- Global Business Power Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Mintek Dendrill Indonesia
- ASAPP Information Group - India
- Barasentosa Lestari - Indonesia
- Economic Council, Georgia
- Timah Investasi Mineral - Indoneisa
- The Treasury - Australian Government
- Vedanta Resources Plc - India
- Tamil Nadu electricity Board
- Jorong Barutama Greston.PT - Indonesia
- Goldman Sachs - Singapore
- Essar Steel Hazira Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Formosa Plastics Group - Taiwan
- Siam City Cement PLC, Thailand
- Power Finance Corporation Ltd., India
- Directorate Of Revenue Intelligence - India
- Sindya Power Generating Company Private Ltd
- Directorate General of MIneral and Coal - Indonesia
- Coal and Oil Company - UAE
- MS Steel International - UAE
- ICICI Bank Limited - India
- Latin American Coal - Colombia
- Siam City Cement - Thailand
- Aditya Birla Group - India
- Ceylon Electricity Board - Sri Lanka
- Indonesian Coal Mining Association
- Rio Tinto Coal - Australia
- Metalloyd Limited - United Kingdom
- Trasteel International SA, Italy
- Ministry of Transport, Egypt
- Altura Mining Limited, Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Mjunction Services Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Kideco Jaya Agung - Indonesia
- Samtan Co., Ltd - South Korea
- Bangladesh Power Developement Board
- Ind-Barath Power Infra Limited - India
- Petron Corporation, Philippines
- Carbofer General Trading SA - India
- Karbindo Abesyapradhi - Indoneisa
- Singapore Mercantile Exchange
- Semirara Mining and Power Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Binh Thuan Hamico - Vietnam
- Madhucon Powers Ltd - India
- Independent Power Producers Association of India
- PNOC Exploration Corporation - Philippines
- Romanian Commodities Exchange
- Asmin Koalindo Tuhup - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Oldendorff Carriers - Singapore
- Pendopo Energi Batubara - Indonesia
- Bukit Makmur.PT - Indonesia
- IEA Clean Coal Centre - UK
- Kartika Selabumi Mining - Indonesia
- Kaltim Prima Coal - Indonesia
- Borneo Indobara - Indonesia
- Salva Resources Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- LBH Netherlands Bv - Netherlands
- Energy Link Ltd, New Zealand
- Star Paper Mills Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Merrill Lynch Commodities Europe
- Central Java Power - Indonesia
- Electricity Generating Authority of Thailand
- Indika Energy - Indonesia
- Vizag Seaport Private Limited - India
- Kobexindo Tractors - Indoneisa
- Cement Manufacturers Association - India
- Edison Trading Spa - Italy
- Parry Sugars Refinery, India
- VISA Power Limited - India
- Mercator Lines Limited - India
- Manunggal Multi Energi - Indonesia
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