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Saturday, 27 February 21
MITSUBISHI PULLS OUT OF VINH TAN 3 COAL PROJECT IN VIETNAM - NIKKEI ASIA
Japanese trading house Mitsubishi Corp. decided Thursday to withdraw from the Vinh Tan 3 coal-fired power plant project in Vietnam amid growing international concern about climate change, Nikkei has learned.
The project is separate from the Vung Ang 2 coal power plant, which the governments of Japan and Vietnam are pursuing together. Environmental activist Greta Thunberg has called for the cancellation of Vung Ang 2.
Vinh Tan 3, planned for Binh Thuan Province in southern Vietnam, is scheduled to come online in 2024. The 2-gigawatt plant is expected to feature cutting-edge ultra-supercritical technology.
OneEnergy, a joint venture of Mitsubishi and Hong Kong’s CLP group, holds a 49% interest in the $2 billion project. State-owned Electricity of Vietnam owns another 29%. Chinese companies are handling materials procurement, construction and equipment delivery. The banking consortium behind Vinh Tan 3 includes Industrial and Commercial Bank of China. Standard Chartered and HSBC have pulled financing from the power plant.
Unlike Vung Ang 2, Vinh Tan 3 is not a national project, and the start date for construction has already been delayed, making it easier to bow out.
This marks Mitsubishi’s first time withdrawing from a coal plant project. The trading house has said it will not build any new facilities of this type after Vung Ang 2. It plans to contribute to development on power projects that are less harmful to the environment, including liquefied natural gas and renewables such as solar.
Source: Nikkei Asia
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Friday, 29 January 21
OPEC+, COVID-19 AND ENERGY TRANSITION - 3 THEMES IMPACTING OIL MARKETS AND REFINING IN 2021 - WOOD MACKENZIE
Wood Mackenzie’s latest outlook report shows that the art of balancing oil markets and the refining sector in 2021 hinges upon three key them ...
Thursday, 28 January 21
STRONG CHINESE THERMAL COAL IMPORTS TO BENEFIT INDONESIAN MINERS IN THE NEAR TERM - FITCH RATINGS
China's thermal coal imports are likely to remain strong ahead of the Chinese New Year in mid-February on robust demand, high utilisation at do ...
Thursday, 28 January 21
WIND PROPULSION FOR DRY BULK CARRIERS - OLDENDORFF
Oldendorff Carriers (OC) has signed a Joint Development Project (JDP) with Anemoi Marine Technologies (Anemoi), Lloyd’s Register (LR) and Sha ...
Thursday, 28 January 21
BUMA PRICED A USD400 MILLION 7.75% 5-YEAR SENIOR NOTES
PT Delta Dunia Makmur Tbk. announced that its subsidiary, PT Bukit Makmur Mandiri Utama priced a USD400 million 5-year (non-callable 2-year)& ...
Wednesday, 27 January 21
MARKET INSIGHT - INTERMODAL
As we have entered the era off renewable energies, all industries globally give max effort to minimize their carbon footprint and consequently thei ...
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- Vijayanagar Sugar Pvt Ltd - India
- Deloitte Consulting - India
- Tamil Nadu electricity Board
- Indo Tambangraya Megah - Indonesia
- Anglo American - United Kingdom
- GN Power Mariveles Coal Plant, Philippines
- Madhucon Powers Ltd - India
- Petron Corporation, Philippines
- Central Java Power - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Essar Steel Hazira Ltd - India
- Rashtriya Ispat Nigam Limited - India
- London Commodity Brokers - England
- Africa Commodities Group - South Africa
- Sree Jayajothi Cements Limited - India
- Kideco Jaya Agung - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Metalloyd Limited - United Kingdom
- ICICI Bank Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Simpson Spence & Young - Indonesia
- Baramulti Group, Indonesia
- The State Trading Corporation of India Ltd
- Kobexindo Tractors - Indoneisa
- Standard Chartered Bank - UAE
- Trasteel International SA, Italy
- Marubeni Corporation - India
- Orica Australia Pty. Ltd.
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Formosa Plastics Group - Taiwan
- Australian Coal Association
- Star Paper Mills Limited - India
- Cement Manufacturers Association - India
- Economic Council, Georgia
- Energy Development Corp, Philippines
- Binh Thuan Hamico - Vietnam
- IHS Mccloskey Coal Group - USA
- Asmin Koalindo Tuhup - Indonesia
- Coalindo Energy - Indonesia
- GMR Energy Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Savvy Resources Ltd - HongKong
- Central Electricity Authority - India
- Jorong Barutama Greston.PT - Indonesia
- Posco Energy - South Korea
- Bukit Makmur.PT - Indonesia
- PowerSource Philippines DevCo
- European Bulk Services B.V. - Netherlands
- Commonwealth Bank - Australia
- Lanco Infratech Ltd - India
- Semirara Mining Corp, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Miang Besar Coal Terminal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Romanian Commodities Exchange
- Minerals Council of Australia
- LBH Netherlands Bv - Netherlands
- Indian Energy Exchange, India
- White Energy Company Limited
- Mercator Lines Limited - India
- Ministry of Finance - Indonesia
- McConnell Dowell - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- India Bulls Power Limited - India
- Global Coal Blending Company Limited - Australia
- PNOC Exploration Corporation - Philippines
- Merrill Lynch Commodities Europe
- Sindya Power Generating Company Private Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- CIMB Investment Bank - Malaysia
- Medco Energi Mining Internasional
- Ambuja Cements Ltd - India
- Kartika Selabumi Mining - Indonesia
- IEA Clean Coal Centre - UK
- Timah Investasi Mineral - Indoneisa
- Intertek Mineral Services - Indonesia
- Barasentosa Lestari - Indonesia
- Malabar Cements Ltd - India
- Banpu Public Company Limited - Thailand
- Maheswari Brothers Coal Limited - India
- Eastern Energy - Thailand
- Holcim Trading Pte Ltd - Singapore
- Semirara Mining and Power Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Leighton Contractors Pty Ltd - Australia
- Jaiprakash Power Ventures ltd
- Bukit Baiduri Energy - Indonesia
- GVK Power & Infra Limited - India
- CNBM International Corporation - China
- Parry Sugars Refinery, India
- Vedanta Resources Plc - India
- Goldman Sachs - Singapore
- Gujarat Sidhee Cement - India
- Sarangani Energy Corporation, Philippines
- Electricity Authority, New Zealand
- Pipit Mutiara Jaya. PT, Indonesia
- Carbofer General Trading SA - India
- Mercuria Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Kaltim Prima Coal - Indonesia
- Ministry of Mines - Canada
- San Jose City I Power Corp, Philippines
- Manunggal Multi Energi - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Uttam Galva Steels Limited - India
- Gujarat Electricity Regulatory Commission - India
- Georgia Ports Authority, United States
- GAC Shipping (India) Pvt Ltd
- Grasim Industreis Ltd - India
- Orica Mining Services - Indonesia
- Bhushan Steel Limited - India
- Makarim & Taira - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indogreen Group - Indonesia
- TeaM Sual Corporation - Philippines
- Sakthi Sugars Limited - India
- Siam City Cement - Thailand
- Tata Chemicals Ltd - India
- Wilmar Investment Holdings
- Indika Energy - Indonesia
- Interocean Group of Companies - India
- Riau Bara Harum - Indonesia
- Salva Resources Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Port Waratah Coal Services - Australia
- Altura Mining Limited, Indonesia
- PTC India Limited - India
- Independent Power Producers Association of India
- Coastal Gujarat Power Limited - India
- Mintek Dendrill Indonesia
- AsiaOL BioFuels Corp., Philippines
- The Treasury - Australian Government
- MS Steel International - UAE
- SMG Consultants - Indonesia
- Borneo Indobara - Indonesia
- Vizag Seaport Private Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jindal Steel & Power Ltd - India
- Iligan Light & Power Inc, Philippines
- Videocon Industries ltd - India
- Maharashtra Electricity Regulatory Commission - India
- New Zealand Coal & Carbon
- Karaikal Port Pvt Ltd - India
- Planning Commission, India
- Kepco SPC Power Corporation, Philippines
- Rio Tinto Coal - Australia
- Renaissance Capital - South Africa
- Latin American Coal - Colombia
- Sinarmas Energy and Mining - Indonesia
- International Coal Ventures Pvt Ltd - India
- Eastern Coal Council - USA
- Wood Mackenzie - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Singapore Mercantile Exchange
- Bayan Resources Tbk. - Indonesia
- ASAPP Information Group - India
- Xindia Steels Limited - India
- Meralco Power Generation, Philippines
- Therma Luzon, Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Edison Trading Spa - Italy
- SMC Global Power, Philippines
- Krishnapatnam Port Company Ltd. - India
- Indonesian Coal Mining Association
- Aditya Birla Group - India
- Sojitz Corporation - Japan
- Mjunction Services Limited - India
- Kapuas Tunggal Persada - Indonesia
- Bharathi Cement Corporation - India
- Pendopo Energi Batubara - Indonesia
- Chamber of Mines of South Africa
- Bhoruka Overseas - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Bangladesh Power Developement Board
- Oldendorff Carriers - Singapore
- Energy Link Ltd, New Zealand
- Chettinad Cement Corporation Ltd - India
- Meenaskhi Energy Private Limited - India
- Bhatia International Limited - India
- Price Waterhouse Coopers - Russia
- Ceylon Electricity Board - Sri Lanka
- Karbindo Abesyapradhi - Indoneisa
- Kumho Petrochemical, South Korea
- Attock Cement Pakistan Limited
- Thai Mozambique Logistica
- Aboitiz Power Corporation - Philippines
- Globalindo Alam Lestari - Indonesia
- Australian Commodity Traders Exchange
- Antam Resourcindo - Indonesia
- Agrawal Coal Company - India
- Global Business Power Corporation, Philippines
- VISA Power Limited - India
- Indian Oil Corporation Limited
- South Luzon Thermal Energy Corporation
- Directorate Of Revenue Intelligence - India
- Sical Logistics Limited - India
- Thiess Contractors Indonesia
- Heidelberg Cement - Germany
- Samtan Co., Ltd - South Korea
- Power Finance Corporation Ltd., India
- The University of Queensland
- Dalmia Cement Bharat India
- TNB Fuel Sdn Bhd - Malaysia
- Ind-Barath Power Infra Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ministry of Transport, Egypt
- Cigading International Bulk Terminal - Indonesia
- Coal and Oil Company - UAE
- Parliament of New Zealand
- Electricity Generating Authority of Thailand
- Larsen & Toubro Limited - India
- Global Green Power PLC Corporation, Philippines
- Siam City Cement PLC, Thailand
- Alfred C Toepfer International GmbH - Germany
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