COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Tuesday, 24 August 21
COAL PRICE RALLY TO PRESSURE CHINESE POWER GENCOS’ MARGINS FITCH RATINGS
Fitch RatingsFitch Ratings expects the pressure on Chinese power generation companies’ (gencos) profit from the recent coal price surge to weaken their credit metrics in 2021. However, the magnitude may vary as they have different risk exposure to coal-price fluctuations from factors such as fuel mix, business and geographical diversification, degree of integration and coal procurement strategy.
 
The Chinese benchmark Qinhuangdao 5,500 kcal/kg coal price surged 66% yoy to CNY942/tonne by end-July 2021. Power gencos with higher capacity contribution from coal-fired power and less integration into the coal-mining business are more vulnerable to the coal price rally.
 
However, their coal procurement strategies may partly mitigate the adverse impact. Some power gencos maintain a high share of procurement via long-term contracts, which, to some extent, can mitigate their lack of a natural hedge from having an upstream coal-mining business. Power gencos in coastal regions also use more imported coal, which is generally cheaper than domestic coal, while power gencos with assets in proximity to low-cost inland coal mines benefit from lower coal price volatility and transport costs.
 
Fitch expects rated Chinese power gencos’ leverage to rise in 2021 due to lower operating cash flow, reflecting the coal-price-driven profit decline, and higher capex to fund renewable investments. We expect most of the rated gencos’ Issuer Default Ratings (IDR) to remain intact due to their status as government-related entities or subsidiaries with IDRs linked directly or indirectly to the creditworthiness of their local governments under a top-down approach based on our Government-Related Entities Rating Criteria. However, standalone credit profile headroom for some entities may be reduced due to the elevated leverage.


If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Saturday, 16 October 21
DESPITE HIGHER COAL PRICES, U.S. COAL RECOVERY LOOKS WEAK BY MOST MEASURES - IEEFA
U.S. coal sector is locked into a long-term sectoral decline Coal prices have surged to the highest level in years in the U.S., and have soare ...


Saturday, 16 October 21
COAL IS 'KING' AS GAS PRICES SOAR, TOTAL CEO SAYS - AND IT’S BACKFIRING ON CLEANER ENERGY GOALS - CNBC
Surging natural gas prices have led to a jump in coal use, with plants in Europe and Asia firing back up as temperatures decline and the world grap ...


Saturday, 16 October 21
VIETNAM'S COAL-FIRED POWER MAY DOUBLE BY 2030 UNDER DRAFT ENERGY PLAN - REUTERS
Vietnam may double the amount of coal-fired electric generation it installs by 2030 under a draft power development plan submitted to the prime min ...


Friday, 15 October 21
AUSTRALIA'S WHITEHAVEN EXPECTS TO BE DEBT-FREE NEXT YEAR AS COAL PRICES SOAR - REUTERS
Australia’s Whitehaven Coal WHC.AX said on Thursday it expects to be debt-free by early 2022, as thermal coal prices surge to record highs on ...


Friday, 15 October 21
WINTER CHILL KEEPS CHINA'S COAL PRICES HIGH, POWER CRUNCH STOKES INFLATION - REUTERS
China coal prices held near record highs on Thursday as cold weather swept into the country’s north and power plants stocked up on the fuel t ...


   89 90 91 92 93   
Showing 451 to 455 news of total 6871
News by Category
Popular News
 
Total Members : 28,619
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Jaiprakash Power Ventures ltd
  • Siam City Cement PLC, Thailand
  • Maruti Cements - India
  • Economic Council, Georgia
  • Simpson Spence & Young - Indonesia
  • LBH Netherlands Bv - Netherlands
  • International Coal Ventures Pvt Ltd - India
  • Minerals Council of Australia
  • Gupta Coal India Ltd
  • TGV SRAAC LIMITED, India
  • Glencore India Pvt. Ltd
  • Edison Trading Spa - Italy
  • European Bulk Services B.V. - Netherlands
  • South Luzon Thermal Energy Corporation
  • Kaltim Prima Coal - Indonesia
  • Vizag Seaport Private Limited - India
  • IEA Clean Coal Centre - UK
  • VISA Power Limited - India
  • Independent Power Producers Association of India
  • Toyota Tsusho Corporation, Japan
  • HSBC - Hong Kong
  • Marubeni Corporation - India
  • Mintek Dendrill Indonesia
  • Inco-Indonesia
  • World Coal - UK
  • Tamil Nadu electricity Board
  • Meenaskhi Energy Private Limited - India
  • Argus Media - Singapore
  • Coal India Limited
  • Platts
  • Vijayanagar Sugar Pvt Ltd - India
  • PowerSource Philippines DevCo
  • McConnell Dowell - Australia
  • Kartika Selabumi Mining - Indonesia
  • Aditya Birla Group - India
  • Cargill India Pvt Ltd
  • Heidelberg Cement - Germany
  • Arutmin Indonesia
  • TNPL - India
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • San Jose City I Power Corp, Philippines
  • SASOL - South Africa
  • KPMG - USA
  • Japan Coal Energy Center
  • Coalindo Energy - Indonesia
  • Asmin Koalindo Tuhup - Indonesia
  • Intertek Mineral Services - Indonesia
  • Thailand Anthracite
  • Qatrana Cement - Jordan
  • Goldman Sachs - Singapore
  • Holcim Trading Pte Ltd - Singapore
  • Permata Bank - Indonesia
  • Core Mineral Indonesia
  • PetroVietnam Power Coal Import and Supply Company
  • Therma Luzon, Inc, Philippines
  • EMO - The Netherlands
  • Adani Power Ltd - India
  • Parry Sugars Refinery, India
  • Surastha Cement
  • Bahari Cakrawala Sebuku - Indonesia
  • Petrochimia International Co. Ltd.- Taiwan
  • Semirara Mining Corp, Philippines
  • Sical Logistics Limited - India
  • Borneo Indobara - Indonesia
  • Global Business Power Corporation, Philippines
  • Singapore Mercantile Exchange
  • Peabody Energy - USA
  • Ernst & Young Pvt. Ltd.
  • MS Steel International - UAE
  • Banpu Public Company Limited - Thailand
  • CIMB Investment Bank - Malaysia
  • PetroVietnam
  • London Commodity Brokers - England
  • Britmindo - Indonesia
  • McKinsey & Co - India
  • Wood Mackenzie - Singapore
  • Chettinad Cement Corporation Ltd - India
  • Shree Cement - India
  • Jindal Steel & Power Ltd - India
  • Russian Coal LLC
  • Australian Commodity Traders Exchange
  • Indogreen Group - Indonesia
  • GVK Power & Infra Limited - India
  • Indonesia Power. PT
  • New Zealand Coal & Carbon
  • Indonesian Coal Mining Association
  • Total Coal South Africa
  • Leighton Contractors Pty Ltd - Australia
  • Lafarge - France
  • India Bulls Power Limited - India
  • Ceylon Electricity Board - Sri Lanka
  • Planning Commission, India
  • Mechel - Russia
  • Central Electricity Authority - India
  • Ministry of Mines - Canada
  • Mercuria Energy - Indonesia
  • Orica Australia Pty. Ltd.
  • BRS Brokers - Singapore
  • White Energy Company Limited
  • Directorate Of Revenue Intelligence - India
  • Thriveni
  • Malco - India
  • Trasteel International SA, Italy
  • Tata Chemicals Ltd - India
  • World Bank
  • Eastern Energy - Thailand
  • Kobe Steel Ltd - Japan
  • Maybank - Singapore
  • NTPC Limited - India
  • Price Waterhouse Coopers - Russia
  • Savvy Resources Ltd - HongKong
  • Maersk Broker
  • Attock Cement Pakistan Limited
  • Kumho Petrochemical, South Korea
  • Cement Manufacturers Association - India
  • DBS Bank - Singapore
  • Gresik Semen - Indonesia
  • PLN - Indonesia
  • Energy Link Ltd, New Zealand
  • Port Waratah Coal Services - Australia
  • Pipit Mutiara Jaya. PT, Indonesia
  • Bulk Trading Sa - Switzerland
  • Pendopo Energi Batubara - Indonesia
  • Sarangani Energy Corporation, Philippines
  • Rio Tinto Coal - Australia
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Kideco Jaya Agung - Indonesia
  • Sinarmas Energy and Mining - Indonesia
  • Bukit Baiduri Energy - Indonesia
  • Cigading International Bulk Terminal - Indonesia
  • KPCL - India
  • Ince & co LLP
  • GN Power Mariveles Coal Plant, Philippines
  • Sakthi Sugars Limited - India
  • Rashtriya Ispat Nigam Limited - India
  • Kepco SPC Power Corporation, Philippines
  • The India Cements Ltd
  • Agrawal Coal Company - India
  • Vitol - Bahrain
  • Sojitz Corporation - Japan
  • Fearnleys - India
  • MEC Coal - Indonesia
  • Enel Italy
  • SN Aboitiz Power Inc, Philippines
  • Jatenergy - Australia
  • Renaissance Capital - South Africa
  • The Treasury - Australian Government
  • Petrosea - Indonesia
  • Georgia Ports Authority, United States
  • Cardiff University - UK
  • Anglo American - United Kingdom
  • TNB Fuel Sdn Bhd - Malaysia
  • UOB Asia (HK) Ltd
  • NALCO India
  • Merrill Lynch Bank
  • Gujarat Electricity Regulatory Commission - India
  • EIA - United States
  • PNOC Exploration Corporation - Philippines
  • Geoservices-GeoAssay Lab
  • Electricity Authority, New Zealand
  • Neyveli Lignite Corporation Ltd, - India
  • Ministry of Transport, Egypt
  • SMG Consultants - Indonesia
  • Thomson Reuters GRC
  • Barasentosa Lestari - Indonesia
  • ASAPP Information Group - India
  • ETA - Dubai
  • GHCL Limited - India
  • Merrill Lynch Commodities Europe
  • IMC Shipping - Singapore
  • Vedanta Resources Plc - India
  • Thermax Limited - India
  • Mitra SK Pvt Ltd - India
  • Krishnapatnam Port Company Ltd. - India
  • Latin American Coal - Colombia
  • Asia Cement - Taiwan
  • Karaikal Port Pvt Ltd - India
  • IHS Mccloskey Coal Group - USA
  • BNP Paribas - Singapore
  • PTC India Limited - India
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Australian Coal Association
  • Dalmia Cement Bharat India
  • Power Finance Corporation Ltd., India
  • Bukit Makmur.PT - Indonesia
  • Sucofindo - Indonesia
  • Samsung - South Korea
  • Freeport Indonesia
  • Bhoruka Overseas - Indonesia
  • Standard Chartered Bank - UAE
  • Electricity Generating Authority of Thailand
  • CESC Limited - India
  • Rudhra Energy - India
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Cosco
  • Global Coal Blending Company Limited - Australia
  • Kobexindo Tractors - Indoneisa
  • Larsen & Toubro Limited - India
  • Billiton Holdings Pty Ltd - Australia
  • Noble Europe Ltd - UK
  • Arch Coal - USA
  • CoalTek, United States
  • Asian Development Bank
  • Chamber of Mines of South Africa
  • Orica Mining Services - Indonesia
  • GNFC Limited - India
  • Uttam Galva Steels Limited - India
  • TRAFIGURA, South Korea
  • IBC Asia (S) Pte Ltd
  • Carbofer General Trading SA - India
  • Moodys - Singapore
  • SRK Consulting
  • The University of Queensland
  • Coal Orbis AG
  • IOL Indonesia
  • Cemex - Philippines
  • Global Green Power PLC Corporation, Philippines
  • Salva Resources Pvt Ltd - India
  • Sree Jayajothi Cements Limited - India
  • Credit Suisse - India
  • KEPCO - South Korea
  • Idemitsu - Japan
  • Indian Oil Corporation Limited
  • Miang Besar Coal Terminal - Indonesia
  • GMR Energy Limited - India
  • Bangladesh Power Developement Board
  • Altura Mining Limited, Indonesia
  • TeaM Sual Corporation - Philippines
  • Lanco Infratech Ltd - India
  • Semirara Mining and Power Corporation, Philippines
  • UBS Singapore
  • Pinang Coal Indonesia
  • RBS Sempra - UK
  • Bhatia International Limited - India
  • Berau Coal - Indonesia
  • Infraline Energy - India
  • Directorate General of MIneral and Coal - Indonesia
  • Star Paper Mills Limited - India
  • Sindya Power Generating Company Private Ltd
  • Posco Energy - South Korea
  • SUEK AG - Indonesia
  • Thiess Contractors Indonesia
  • Panama Canal Authority
  • Timah Investasi Mineral - Indoneisa
  • GAC Shipping (India) Pvt Ltd
  • Videocon Industries ltd - India
  • Indian Energy Exchange, India
  • SGS (Thailand) Limited
  • ACC Limited - India
  • Shenhua Group - China
  • OPG Power Generation Pvt Ltd - India
  • Formosa Plastics Group - Taiwan
  • Straits Asia Resources Limited - Singapore
  • CCIC - Indonesia
  • Riau Bara Harum - Indonesia
  • Commonwealth Bank - Australia
  • Africa Commodities Group - South Africa
  • Kalimantan Lumbung Energi - Indonesia
  • Kohat Cement Company Ltd. - Pakistan
  • OCBC - Singapore
  • Coal and Oil Company - UAE
  • Humpuss - Indonesia
  • bp singapore
  • Petron Corporation, Philippines
  • ING Bank NV - Singapore
  • Cebu Energy, Philippines
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • ANZ Bank - Australia
  • Vale Mozambique
  • Alfred C Toepfer International GmbH - Germany
  • Ind-Barath Power Infra Limited - India
  • Tanito Harum - Indonesia
  • Maharashtra Electricity Regulatory Commission - India
  • Oldendorff Carriers - Singapore
  • Energy Development Corp, Philippines
  • Ambuja Cements Ltd - India
  • Romanian Commodities Exchange
  • Tata Power - India
  • Mitsui
  • J M Baxi & Co - India
  • Reliance Power - India
  • APGENCO India
  • Bank of China, Malaysia
  • Parliament of New Zealand
  • Bayan Resources Tbk. - Indonesia
  • Indika Energy - Indonesia
  • GB Group - China
  • Malabar Cements Ltd - India
  • Coastal Gujarat Power Limited - India
  • Eastern Coal Council - USA
  • Bukit Asam (Persero) Tbk - Indonesia
  • Medco Energi Mining Internasional
  • Meralco Power Generation, Philippines
  • JPower - Japan
  • Coeclerici Indonesia
  • Barclays Capital - USA
  • Bhushan Steel Limited - India
  • Mitsubishi Corporation
  • AsiaOL BioFuels Corp., Philippines
  • Grasim Industreis Ltd - India
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • SMC Global Power, Philippines
  • JPMorgan - India
  • Platou - Singapore
  • Runge Indonesia
  • CNBM International Corporation - China
  • Ministry of Finance - Indonesia
  • Jorong Barutama Greston.PT - Indonesia
  • Globalindo Alam Lestari - Indonesia
  • Clarksons - UK
  • Interocean Group of Companies - India
  • Central Java Power - Indonesia
  • Thai Mozambique Logistica
  • ICICI Bank Limited - India
  • Gujarat Mineral Development Corp Ltd - India
  • Xindia Steels Limited - India
  • Bangkok Bank PCL
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • KOWEPO - South Korea
  • Essar Steel Hazira Ltd - India
  • Adaro Indonesia
  • Antam Resourcindo - Indonesia
  • Kapuas Tunggal Persada - Indonesia
  • Mjunction Services Limited - India
  • Metalloyd Limited - United Kingdom
  • Inspectorate - India
  • Baramulti Group, Indonesia
  • globalCOAL - UK
  • Bank of America
  • Karbindo Abesyapradhi - Indoneisa
  • The State Trading Corporation of India Ltd
  • Indian School of Mines
  • Bharathi Cement Corporation - India
  • Gujarat Sidhee Cement - India
  • U S Energy Resources
  • Iligan Light & Power Inc, Philippines
  • WorleyParsons
  • Makarim & Taira - Indonesia
  • Mercator Lines Limited - India
  • Deutsche Bank - India
  • Indo Tambangraya Megah - Indonesia
  • TANGEDCO India
  • Xstrata Coal
  • Aboitiz Power Corporation - Philippines
  • Siam City Cement - Thailand
  • Samtan Co., Ltd - South Korea
  • Manunggal Multi Energi - Indonesia
  • Indorama - Singapore
  • Maheswari Brothers Coal Limited - India
  • Madhucon Powers Ltd - India
  • Coaltrans Conferences
  • Binh Thuan Hamico - Vietnam
  • Deloitte Consulting - India
  • PLN Batubara - Indonesia
  • Wilmar Investment Holdings