We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Tuesday, 24 August 21
COAL PRICE RALLY TO PRESSURE CHINESE POWER GENCOS’ MARGINS FITCH RATINGS
 Fitch 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.
|
|
Tuesday, 28 September 21
THE MAIDEN EDITION OF DIVE TECHNOLOGY SUMMIT 2021 CONCLUDES SUCCESSFULLY
Press Release: DIVE TECHNOLOGY SUMMIT 2021, a one-day conference on the recent technological advancements in the Industrial Diving industry conclud ...
Monday, 27 September 21
CHINESE COAL FIRMS MEET TO ADDRESS WINTER SUPPLY CHALLENGES - CNBC
Major Chinese coal producers are trying to resolve supply shortages and curb price rises as the country’s winter consumption peak approaches, ...
Saturday, 25 September 21
HIGH STAKES FOR ASIAN DEVELOPMENT BANK’S AMBITIOUS COAL POWER RETIREMENT PLAN - IEEFA
Implementation challenges could block funding for other equally important high impact clean energy funding strategies
In the lead up ...
Thursday, 23 September 21
LONGER COAL CONTRACTS MAY REIN IN PRICES - ECNS
In China’s coal sector that has been marred recently by price surges, regional authorities and related enterprises should ensure the fuel con ...
Thursday, 23 September 21
BALTIC INDEX HITS 12-YEAR PEAK ON FIRMER VESSELS RATES - REUTERS
The Baltic Exchange’s main dry bulk sea freight index rose for a fourth straight session on Wednesday to a 12-year high, buoyed by higher rat ...
|
|
|
Showing 476 to 480 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Meralco Power Generation, Philippines
- Electricity Generating Authority of Thailand
- Madhucon Powers Ltd - India
- Semirara Mining Corp, Philippines
- Indika Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Singapore Mercantile Exchange
- Eastern Coal Council - USA
- CIMB Investment Bank - Malaysia
- Sinarmas Energy and Mining - Indonesia
- Energy Development Corp, Philippines
- Power Finance Corporation Ltd., India
- Borneo Indobara - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Manunggal Multi Energi - Indonesia
- Eastern Energy - Thailand
- European Bulk Services B.V. - Netherlands
- The State Trading Corporation of India Ltd
- Tamil Nadu electricity Board
- Pendopo Energi Batubara - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Coastal Gujarat Power Limited - India
- Leighton Contractors Pty Ltd - Australia
- Trasteel International SA, Italy
- Bhoruka Overseas - Indonesia
- Minerals Council of Australia
- Global Green Power PLC Corporation, Philippines
- CNBM International Corporation - China
- Bangladesh Power Developement Board
- Binh Thuan Hamico - Vietnam
- Bukit Makmur.PT - Indonesia
- Wilmar Investment Holdings
- Bharathi Cement Corporation - India
- Jaiprakash Power Ventures ltd
- Kaltim Prima Coal - Indonesia
- International Coal Ventures Pvt Ltd - India
- Thai Mozambique Logistica
- MS Steel International - UAE
- Vizag Seaport Private Limited - India
- Central Java Power - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Energy Link Ltd, New Zealand
- Commonwealth Bank - Australia
- Therma Luzon, Inc, Philippines
- Global Business Power Corporation, Philippines
- Central Electricity Authority - India
- LBH Netherlands Bv - Netherlands
- The University of Queensland
- Ministry of Transport, Egypt
- IHS Mccloskey Coal Group - USA
- Formosa Plastics Group - Taiwan
- PetroVietnam Power Coal Import and Supply Company
- PNOC Exploration Corporation - Philippines
- Rashtriya Ispat Nigam Limited - India
- Krishnapatnam Port Company Ltd. - India
- Rio Tinto Coal - Australia
- Merrill Lynch Commodities Europe
- Bukit Asam (Persero) Tbk - Indonesia
- Global Coal Blending Company Limited - Australia
- Kepco SPC Power Corporation, Philippines
- ASAPP Information Group - India
- Parliament of New Zealand
- Ind-Barath Power Infra Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- San Jose City I Power Corp, Philippines
- Medco Energi Mining Internasional
- Agrawal Coal Company - India
- White Energy Company Limited
- SMC Global Power, Philippines
- Bhatia International Limited - India
- Edison Trading Spa - Italy
- Pipit Mutiara Jaya. PT, Indonesia
- Price Waterhouse Coopers - Russia
- Lanco Infratech Ltd - India
- Bulk Trading Sa - Switzerland
- Indogreen Group - Indonesia
- Jindal Steel & Power Ltd - India
- Metalloyd Limited - United Kingdom
- Anglo American - United Kingdom
- Neyveli Lignite Corporation Ltd, - India
- Heidelberg Cement - Germany
- GAC Shipping (India) Pvt Ltd
- Latin American Coal - Colombia
- Gujarat Electricity Regulatory Commission - India
- Sojitz Corporation - Japan
- Deloitte Consulting - India
- Attock Cement Pakistan Limited
- Simpson Spence & Young - Indonesia
- Sakthi Sugars Limited - India
- Independent Power Producers Association of India
- Bukit Baiduri Energy - Indonesia
- Kumho Petrochemical, South Korea
- New Zealand Coal & Carbon
- Grasim Industreis Ltd - India
- Carbofer General Trading SA - India
- Antam Resourcindo - Indonesia
- Indo Tambangraya Megah - Indonesia
- Mercuria Energy - Indonesia
- Sical Logistics Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Mjunction Services Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Goldman Sachs - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- GMR Energy Limited - India
- Sarangani Energy Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Parry Sugars Refinery, India
- Uttam Galva Steels Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Gujarat Sidhee Cement - India
- Kideco Jaya Agung - Indonesia
- Intertek Mineral Services - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Interocean Group of Companies - India
- Semirara Mining and Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Directorate Of Revenue Intelligence - India
- Coalindo Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Ministry of Finance - Indonesia
- The Treasury - Australian Government
- AsiaOL BioFuels Corp., Philippines
- Orica Australia Pty. Ltd.
- Maharashtra Electricity Regulatory Commission - India
- Aboitiz Power Corporation - Philippines
- Port Waratah Coal Services - Australia
- Essar Steel Hazira Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Oldendorff Carriers - Singapore
- Savvy Resources Ltd - HongKong
- Posco Energy - South Korea
- Directorate General of MIneral and Coal - Indonesia
- Ambuja Cements Ltd - India
- Aditya Birla Group - India
- SN Aboitiz Power Inc, Philippines
- Australian Commodity Traders Exchange
- Africa Commodities Group - South Africa
- Larsen & Toubro Limited - India
- GVK Power & Infra Limited - India
- Malabar Cements Ltd - India
- Vedanta Resources Plc - India
- Mercator Lines Limited - India
- Kapuas Tunggal Persada - Indonesia
- Bhushan Steel Limited - India
- Iligan Light & Power Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- Chamber of Mines of South Africa
- India Bulls Power Limited - India
- Coal and Oil Company - UAE
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indian Energy Exchange, India
- Xindia Steels Limited - India
- Economic Council, Georgia
- SMG Consultants - Indonesia
- Barasentosa Lestari - Indonesia
- Renaissance Capital - South Africa
- Sree Jayajothi Cements Limited - India
- Australian Coal Association
- Dalmia Cement Bharat India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Videocon Industries ltd - India
- Billiton Holdings Pty Ltd - Australia
- Salva Resources Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Ministry of Mines - Canada
- Electricity Authority, New Zealand
- Kartika Selabumi Mining - Indonesia
- IEA Clean Coal Centre - UK
- Baramulti Group, Indonesia
- Globalindo Alam Lestari - Indonesia
- Standard Chartered Bank - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Siam City Cement PLC, Thailand
- Petron Corporation, Philippines
- Thiess Contractors Indonesia
- Sindya Power Generating Company Private Ltd
- Mintek Dendrill Indonesia
- ICICI Bank Limited - India
- Timah Investasi Mineral - Indoneisa
- PTC India Limited - India
- Straits Asia Resources Limited - Singapore
- Altura Mining Limited, Indonesia
- Star Paper Mills Limited - India
- South Luzon Thermal Energy Corporation
- Bayan Resources Tbk. - Indonesia
- Chettinad Cement Corporation Ltd - India
- Makarim & Taira - Indonesia
- Toyota Tsusho Corporation, Japan
- Riau Bara Harum - Indonesia
- Georgia Ports Authority, United States
- Orica Mining Services - Indonesia
- Alfred C Toepfer International GmbH - Germany
- VISA Power Limited - India
- McConnell Dowell - Australia
- TeaM Sual Corporation - Philippines
- Karaikal Port Pvt Ltd - India
- PowerSource Philippines DevCo
- Jorong Barutama Greston.PT - Indonesia
- Wood Mackenzie - Singapore
- Maheswari Brothers Coal Limited - India
- Banpu Public Company Limited - Thailand
- Romanian Commodities Exchange
- Planning Commission, India
- Marubeni Corporation - India
- Miang Besar Coal Terminal - Indonesia
- Siam City Cement - Thailand
- Tata Chemicals Ltd - India
- Indian Oil Corporation Limited
- Bahari Cakrawala Sebuku - Indonesia
- Indonesian Coal Mining Association
- Cement Manufacturers Association - India
- London Commodity Brokers - England
|
| |
| |
|