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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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Friday, 22 October 21
HARD COAL REMAINS AN IMPORTANT FACTOR FOR SECURITY OF SUPPLY - COAL IMPORTERS ASSOCIATION, GERMANY
- Hard coal remains an important factor for security of supply
- Increase of around 35% in hard-coal-fired power generation in the first three ...
Wednesday, 20 October 21
CHINA'S COAL SHORTAGE TO EASE IN COMING MONTHS, INDUSTRY BODY SAYS - REUTERS
China’s coal shortage will likely ease in coming months, with domestic production and imports already showing signs of picking up, a coal ind ...
Wednesday, 20 October 21
CHINA'S RAW COAL OUTPUT DROPS IN SEPTEMBER - XINHUA
China’s raw coal output dropped 0.9 percent year on year to 330 million tonnes last month, data from the National Bureau of Statistics (NBS) ...
Wednesday, 20 October 21
OVER-RELIANCE ON COAL IN OUR POWER MIX HURTING INDIA - LIVEMINT
In spite of the renewables push, coal still accounts for about 50% of India’s installed power capacity. That means a simultaneous demand and ...
Wednesday, 20 October 21
CHINA COAL HITS RECORD HIGH AMID TIGHT SUPPLIES - REUTERS
China coal prices hit a record high on Tuesday buoyed by a widening power crunch and cold weather despite Beijing’s efforts to bolster supply ...
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- Latin American Coal - Colombia
- Rashtriya Ispat Nigam Limited - India
- Rio Tinto Coal - Australia
- Holcim Trading Pte Ltd - Singapore
- Semirara Mining Corp, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Kapuas Tunggal Persada - Indonesia
- Independent Power Producers Association of India
- Baramulti Group, Indonesia
- Jorong Barutama Greston.PT - Indonesia
- The Treasury - Australian Government
- Africa Commodities Group - South Africa
- Straits Asia Resources Limited - Singapore
- Kobexindo Tractors - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- McConnell Dowell - Australia
- Kaltim Prima Coal - Indonesia
- Sojitz Corporation - Japan
- Orica Mining Services - Indonesia
- Altura Mining Limited, Indonesia
- India Bulls Power Limited - India
- Kideco Jaya Agung - Indonesia
- Manunggal Multi Energi - Indonesia
- Sarangani Energy Corporation, Philippines
- Bangladesh Power Developement Board
- Economic Council, Georgia
- Standard Chartered Bank - UAE
- OPG Power Generation Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Electricity Generating Authority of Thailand
- Bhoruka Overseas - Indonesia
- Central Java Power - Indonesia
- Videocon Industries ltd - India
- Price Waterhouse Coopers - Russia
- Kalimantan Lumbung Energi - Indonesia
- GVK Power & Infra Limited - India
- Bukit Baiduri Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Iligan Light & Power Inc, Philippines
- Petron Corporation, Philippines
- Marubeni Corporation - India
- LBH Netherlands Bv - Netherlands
- IHS Mccloskey Coal Group - USA
- Aditya Birla Group - India
- Attock Cement Pakistan Limited
- Central Electricity Authority - India
- PTC India Limited - India
- Wood Mackenzie - Singapore
- Xindia Steels Limited - India
- Billiton Holdings Pty Ltd - Australia
- Chamber of Mines of South Africa
- White Energy Company Limited
- Eastern Energy - Thailand
- Sree Jayajothi Cements Limited - India
- IEA Clean Coal Centre - UK
- San Jose City I Power Corp, Philippines
- Chettinad Cement Corporation Ltd - India
- CIMB Investment Bank - Malaysia
- Globalindo Alam Lestari - Indonesia
- Australian Commodity Traders Exchange
- GN Power Mariveles Coal Plant, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- Indika Energy - Indonesia
- Renaissance Capital - South Africa
- Barasentosa Lestari - Indonesia
- International Coal Ventures Pvt Ltd - India
- Siam City Cement - Thailand
- Sindya Power Generating Company Private Ltd
- Mintek Dendrill Indonesia
- Samtan Co., Ltd - South Korea
- Ministry of Mines - Canada
- Star Paper Mills Limited - India
- Parliament of New Zealand
- Coal and Oil Company - UAE
- Pendopo Energi Batubara - Indonesia
- Toyota Tsusho Corporation, Japan
- Krishnapatnam Port Company Ltd. - India
- Electricity Authority, New Zealand
- Energy Link Ltd, New Zealand
- TeaM Sual Corporation - Philippines
- Goldman Sachs - Singapore
- Gujarat Sidhee Cement - India
- Deloitte Consulting - India
- Kumho Petrochemical, South Korea
- Indian Oil Corporation Limited
- Indogreen Group - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Directorate General of MIneral and Coal - Indonesia
- Parry Sugars Refinery, India
- Minerals Council of Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indonesian Coal Mining Association
- Bhushan Steel Limited - India
- Karbindo Abesyapradhi - Indoneisa
- CNBM International Corporation - China
- VISA Power Limited - India
- Eastern Coal Council - USA
- PetroVietnam Power Coal Import and Supply Company
- Banpu Public Company Limited - Thailand
- Ambuja Cements Ltd - India
- Maheswari Brothers Coal Limited - India
- Anglo American - United Kingdom
- SMG Consultants - Indonesia
- Coalindo Energy - Indonesia
- Commonwealth Bank - Australia
- Ministry of Finance - Indonesia
- Port Waratah Coal Services - Australia
- AsiaOL BioFuels Corp., Philippines
- Bulk Trading Sa - Switzerland
- Essar Steel Hazira Ltd - India
- Timah Investasi Mineral - Indoneisa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Semirara Mining and Power Corporation, Philippines
- Mercator Lines Limited - India
- Heidelberg Cement - Germany
- Wilmar Investment Holdings
- Uttam Galva Steels Limited - India
- SN Aboitiz Power Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- PowerSource Philippines DevCo
- The University of Queensland
- Grasim Industreis Ltd - India
- Riau Bara Harum - Indonesia
- The State Trading Corporation of India Ltd
- Medco Energi Mining Internasional
- Therma Luzon, Inc, Philippines
- Sakthi Sugars Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Metalloyd Limited - United Kingdom
- Vizag Seaport Private Limited - India
- Trasteel International SA, Italy
- European Bulk Services B.V. - Netherlands
- MS Steel International - UAE
- Global Business Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Sinarmas Energy and Mining - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Larsen & Toubro Limited - India
- South Luzon Thermal Energy Corporation
- Lanco Infratech Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Singapore Mercantile Exchange
- London Commodity Brokers - England
- Malabar Cements Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Jaiprakash Power Ventures ltd
- Salva Resources Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Binh Thuan Hamico - Vietnam
- Directorate Of Revenue Intelligence - India
- Posco Energy - South Korea
- Formosa Plastics Group - Taiwan
- Georgia Ports Authority, United States
- Miang Besar Coal Terminal - Indonesia
- Sical Logistics Limited - India
- Simpson Spence & Young - Indonesia
- ASAPP Information Group - India
- New Zealand Coal & Carbon
- SMC Global Power, Philippines
- Agrawal Coal Company - India
- Aboitiz Power Corporation - Philippines
- Intertek Mineral Services - Indonesia
- Bhatia International Limited - India
- Energy Development Corp, Philippines
- Power Finance Corporation Ltd., India
- Thai Mozambique Logistica
- Vedanta Resources Plc - India
- Mjunction Services Limited - India
- Australian Coal Association
- PNOC Exploration Corporation - Philippines
- Tata Chemicals Ltd - India
- Dalmia Cement Bharat India
- Bukit Makmur.PT - Indonesia
- Borneo Indobara - Indonesia
- Global Green Power PLC Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Meenaskhi Energy Private Limited - India
- Indian Energy Exchange, India
- Gujarat Mineral Development Corp Ltd - India
- GMR Energy Limited - India
- ICICI Bank Limited - India
- Gujarat Electricity Regulatory Commission - India
- Thiess Contractors Indonesia
- Interocean Group of Companies - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Siam City Cement PLC, Thailand
- Bharathi Cement Corporation - India
- Orica Australia Pty. Ltd.
- Edison Trading Spa - Italy
- Jindal Steel & Power Ltd - India
- Coastal Gujarat Power Limited - India
- Merrill Lynch Commodities Europe
- Romanian Commodities Exchange
- Madhucon Powers Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Mercuria Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Oldendorff Carriers - Singapore
- Tamil Nadu electricity Board
- TNB Fuel Sdn Bhd - Malaysia
- Ind-Barath Power Infra Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Planning Commission, India
- Ministry of Transport, Egypt
- Cement Manufacturers Association - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Meralco Power Generation, Philippines
- Carbofer General Trading SA - India
- Cigading International Bulk Terminal - Indonesia
- Bayan Resources Tbk. - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Makarim & Taira - Indonesia
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