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Thursday, 25 November 21
SE ASIA POWER DEMAND TO RISE AS STATE SUPPORT MITIGATES COVID-19 IMPACT - FITCH RATINGS
 Electricity demand in south-east Asia is likely to increase in 2021, following slow growth or contraction in 2020, thanks to state support that has mitigated the impact of the coronavirus pandemic on power consumption, Fitch Ratings says in a new report.
In Vietnam, a resurgence of Covid-19 cases in 2H21 led to re-imposition of restrictions. As a result, Fitch expects Vietnam’s electricity demand to rise by 5% in 2021 (1H21: 8% yoy), slower than the annual average of 9% in the past decade. The government approved tariff subsidies for consumers in 2020, and this continued at lower levels in 2021. We expect Vietnam Electricity's (BB/Positive) ‘bb’ Standalone Credit Profile to have reasonable headroom to absorb the lower electricity demand and delay in tariff increase.
Fitch expects electricity demand in Indonesia to increase by around 5% in 2021 (9M21: 4.4%), after demand fell by 0.8% in 2020 due to the pandemic-led economic slowdown. Fitch expects an electricity-tariff freeze and various Covid-19 relief measures to continue till the end of the year. This will mean Perusahaan Listrik Negara (Persero) (BBB/Stable) will remain reliant on state support to sustain its operations over the medium term.
A spike in Covid-19 cases in Thailand led to a lockdown from July to September 2021, which is likely to drag down overall demand growth for electricity to 1%-1.5% for the year. Thailand’s electricity demand declined by 3% in 2020 (2019: 3% growth), driven by the pandemic-led economic slowdown and decline in tourism. The government provided several relief measures to aid households and businesses. We expect Electricity Generating Authority of Thailand's (BBB+/Stable) strong financial profile to provide buffer against lower electricity demand and tariff discounts.
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Tuesday, 09 November 21
ASIA-PACIFIC IS HOME TO SOME OF THE WORLD'S LARGEST CARBON-EMITTERS - 2 CHARTS SHOW ITS RELIANCE ON COAL - CNBC
Asia-Pacific is home to some of the world’s largest carbon emitters — and experts say much of global efforts to fight climate change de ...
Tuesday, 09 November 21
CHINA DAILY COAL OUTPUT HITS MULTI-YEAR PEAK, PRICES EXPECTED TO FALL - REUTERS
China’s daily coal output hit 11.93 million tonnes last week, a multi-year high as more capacity returned to operation, the state planner sai ...
Thursday, 04 November 21
CHINA'S COAL MARKET SEES SIGNIFICANT IMPROVEMENTS: NDRC - GLOBAL TIMES
China’s top economic planner has declared initial success in its efforts to ensure coal supply and stabilize prices, saying that daily coal o ...
Thursday, 04 November 21
CHINA THERMAL COAL PRICES RISE AFTER FALLING FOR 10 DAYS - REUTERS
China thermal coal futures rebounded on Wednesday after falling for 10 days on an expected jump in fuel demand to meet heating needs amid forecasts ...
Thursday, 04 November 21
FASTER DECARBONISATION: BACK TO BASICS FOR THE MINING INDUSTRY? - WOOD MACKENZIE
To the uninitiated, rugby is a technical and complicated game. As young schoolboys it was all a wee bit confusing and we invariably ended up on the ...
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- Energy Link Ltd, New Zealand
- Altura Mining Limited, Indonesia
- CIMB Investment Bank - Malaysia
- India Bulls Power Limited - India
- Bukit Baiduri Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Central Electricity Authority - India
- PetroVietnam Power Coal Import and Supply Company
- SMG Consultants - Indonesia
- Planning Commission, India
- Therma Luzon, Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Indonesian Coal Mining Association
- Bahari Cakrawala Sebuku - Indonesia
- Bangladesh Power Developement Board
- Borneo Indobara - Indonesia
- Kobexindo Tractors - Indoneisa
- Marubeni Corporation - India
- Orica Mining Services - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Chamber of Mines of South Africa
- Ministry of Finance - Indonesia
- Minerals Council of Australia
- Parliament of New Zealand
- Rashtriya Ispat Nigam Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Asmin Koalindo Tuhup - Indonesia
- IHS Mccloskey Coal Group - USA
- Sree Jayajothi Cements Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Latin American Coal - Colombia
- Jindal Steel & Power Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Trasteel International SA, Italy
- European Bulk Services B.V. - Netherlands
- Siam City Cement - Thailand
- London Commodity Brokers - England
- Star Paper Mills Limited - India
- Wood Mackenzie - Singapore
- Samtan Co., Ltd - South Korea
- Meralco Power Generation, Philippines
- Timah Investasi Mineral - Indoneisa
- Eastern Coal Council - USA
- Romanian Commodities Exchange
- Anglo American - United Kingdom
- Global Coal Blending Company Limited - Australia
- Aboitiz Power Corporation - Philippines
- Energy Development Corp, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sical Logistics Limited - India
- Coastal Gujarat Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Sakthi Sugars Limited - India
- Malabar Cements Ltd - India
- Intertek Mineral Services - Indonesia
- PowerSource Philippines DevCo
- Semirara Mining and Power Corporation, Philippines
- New Zealand Coal & Carbon
- The Treasury - Australian Government
- Thiess Contractors Indonesia
- Cement Manufacturers Association - India
- Indo Tambangraya Megah - Indonesia
- Tamil Nadu electricity Board
- Eastern Energy - Thailand
- Cigading International Bulk Terminal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Iligan Light & Power Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- GMR Energy Limited - India
- Commonwealth Bank - Australia
- Krishnapatnam Port Company Ltd. - India
- Ministry of Mines - Canada
- Bank of Tokyo Mitsubishi UFJ Ltd
- Rio Tinto Coal - Australia
- Independent Power Producers Association of India
- VISA Power Limited - India
- Vizag Seaport Private Limited - India
- Kumho Petrochemical, South Korea
- Global Business Power Corporation, Philippines
- Merrill Lynch Commodities Europe
- AsiaOL BioFuels Corp., Philippines
- Price Waterhouse Coopers - Russia
- Ministry of Transport, Egypt
- Bayan Resources Tbk. - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Indogreen Group - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- The State Trading Corporation of India Ltd
- Renaissance Capital - South Africa
- Bhoruka Overseas - Indonesia
- Singapore Mercantile Exchange
- Port Waratah Coal Services - Australia
- Attock Cement Pakistan Limited
- Bhatia International Limited - India
- Miang Besar Coal Terminal - Indonesia
- South Luzon Thermal Energy Corporation
- Videocon Industries ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Parry Sugars Refinery, India
- Ind-Barath Power Infra Limited - India
- Africa Commodities Group - South Africa
- Chettinad Cement Corporation Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Uttam Galva Steels Limited - India
- Goldman Sachs - Singapore
- McConnell Dowell - Australia
- Holcim Trading Pte Ltd - Singapore
- Electricity Generating Authority of Thailand
- Petron Corporation, Philippines
- Posco Energy - South Korea
- Mercator Lines Limited - India
- Riau Bara Harum - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Neyveli Lignite Corporation Ltd, - India
- Pendopo Energi Batubara - Indonesia
- Baramulti Group, Indonesia
- San Jose City I Power Corp, Philippines
- Coal and Oil Company - UAE
- Jaiprakash Power Ventures ltd
- Binh Thuan Hamico - Vietnam
- Globalindo Alam Lestari - Indonesia
- Salva Resources Pvt Ltd - India
- Xindia Steels Limited - India
- Indian Oil Corporation Limited
- Mintek Dendrill Indonesia
- Kaltim Prima Coal - Indonesia
- Coalindo Energy - Indonesia
- Medco Energi Mining Internasional
- Sinarmas Energy and Mining - Indonesia
- Banpu Public Company Limited - Thailand
- Kalimantan Lumbung Energi - Indonesia
- Standard Chartered Bank - UAE
- PTC India Limited - India
- Deloitte Consulting - India
- Global Green Power PLC Corporation, Philippines
- Heidelberg Cement - Germany
- Australian Coal Association
- Lanco Infratech Ltd - India
- Georgia Ports Authority, United States
- Ambuja Cements Ltd - India
- Kideco Jaya Agung - Indonesia
- The University of Queensland
- Semirara Mining Corp, Philippines
- Sindya Power Generating Company Private Ltd
- Makarim & Taira - Indonesia
- Madhucon Powers Ltd - India
- Electricity Authority, New Zealand
- Maheswari Brothers Coal Limited - India
- Metalloyd Limited - United Kingdom
- SMC Global Power, Philippines
- Economic Council, Georgia
- Carbofer General Trading SA - India
- Bhushan Steel Limited - India
- Simpson Spence & Young - Indonesia
- Gujarat Electricity Regulatory Commission - India
- OPG Power Generation Pvt Ltd - India
- Mjunction Services Limited - India
- Bulk Trading Sa - Switzerland
- Power Finance Corporation Ltd., India
- Mercuria Energy - Indonesia
- ASAPP Information Group - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Directorate Of Revenue Intelligence - India
- Grasim Industreis Ltd - India
- GAC Shipping (India) Pvt Ltd
- GN Power Mariveles Coal Plant, Philippines
- CNBM International Corporation - China
- Agrawal Coal Company - India
- Ceylon Electricity Board - Sri Lanka
- Barasentosa Lestari - Indonesia
- Karaikal Port Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Alfred C Toepfer International GmbH - Germany
- Aditya Birla Group - India
- Wilmar Investment Holdings
- Essar Steel Hazira Ltd - India
- Australian Commodity Traders Exchange
- Tata Chemicals Ltd - India
- ICICI Bank Limited - India
- Kepco SPC Power Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Karbindo Abesyapradhi - Indoneisa
- Central Java Power - Indonesia
- White Energy Company Limited
- MS Steel International - UAE
- GVK Power & Infra Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Straits Asia Resources Limited - Singapore
- Edison Trading Spa - Italy
- Dalmia Cement Bharat India
- PNOC Exploration Corporation - Philippines
- Toyota Tsusho Corporation, Japan
- Oldendorff Carriers - Singapore
- Indian Energy Exchange, India
- Bukit Makmur.PT - Indonesia
- Thai Mozambique Logistica
- Sojitz Corporation - Japan
- Bharathi Cement Corporation - India
- Indika Energy - Indonesia
- Gujarat Sidhee Cement - India
- Kartika Selabumi Mining - Indonesia
- Interocean Group of Companies - India
- Petrochimia International Co. Ltd.- Taiwan
- Orica Australia Pty. Ltd.
- Larsen & Toubro Limited - India
- SN Aboitiz Power Inc, Philippines
- IEA Clean Coal Centre - UK
- Vedanta Resources Plc - India
- Siam City Cement PLC, Thailand
- LBH Netherlands Bv - Netherlands
- Savvy Resources Ltd - HongKong
- Sarangani Energy Corporation, Philippines
- Antam Resourcindo - Indonesia
- Formosa Plastics Group - Taiwan
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