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

Monday, 11 October 21
COAL ABANDONMENT IN POWER GENERATION PROMOTED GAS DEMAND GROWTH IN EUROPE - TOP MANAGER: TASS
Accelerated abandonment of coal in power generation and the overall recovery of economic activity facilitated gas demand growth in Europe and led t ...


Saturday, 09 October 21
CHINA POWER CUTS: COAL MINERS ORDERED TO BOOST OUTPUT, SAY REPORTS - BBC
Beijing has reportedly ordered China’s coal mines to boost output as an energy shortage across the country has seen millions of homes and bus ...


Friday, 08 October 21
SEPTEMBER CRUDE OIL TANKER DEMOLISHING HITS 39-MONTHS HIGH AT 1.9M DWT - PETER SAND
Has the lid finally come off for crude oil tanker demolition in 2021? If judged by the 1.9m DWT of capacity that was removed in September, the answ ...


Friday, 08 October 21
COAL SHORTAGE MAY LEAD TO RISE IN STEEL PRICES IN COMING MONTHS: JSPL MD - PTI
Steel prices are expected to increase in the coming months as companies are buying coal at three times the rates a month ago, said a top industry e ...


Wednesday, 06 October 21
INDONESIA COAL PRICE REFERENCE: ANOTHER MONTH, ANOTHER RALLY
COALspot.com: Indonesian Coal Price Reference in a steep climb for most of second and third quarters of 2021 as it reached a pinnacle of $161.63 Oc ...


   92 93 94 95 96   
Showing 466 to 470 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 ...

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