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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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Wednesday, 13 October 21
FBX INDEX: THE IMPOSSIBILITY OF SHORT-TERM FORECASTING - LARS JENSEN
Will freight rates on Asia-Europe or the Transpacific reach 40.000 USD/FFE in the run-up prior to Chinese New Year 2022? Or will they start droppin ...
Wednesday, 13 October 21
CHINA FLOODS: COAL PRICE HITS FRESH HIGH AS MINES SHUT - BBC
The price of coal used in China’s power plants has surged to a new record high as another of the country’s key mining regions is hit by ...
Tuesday, 12 October 21
BUMA SIGNS CONDITIONAL AGREEMENT FOR AUSTRALIAN ASSET ACQUISITION
PT Tbk. announced that its subsidiary, PT Bukit Makmur Mandiri Utama, through its newly incorporated Australian subsidiary, BUMA International Pty ...
Tuesday, 12 October 21
INDONESIA'S COAL-BASED POWER PLANTS ARE SUBJECT TO CARBON TAX NEXT YEAR, ELECTRICITY COSTS COULD RISE! - CNBC
The Indonesian government is planning plans to implement a carbon tax of IDR 30 per kilogram (kg) of carbon dioxide equivalent (CO2e) or equivalent ...
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 ...
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- Pendopo Energi Batubara - Indonesia
- Australian Commodity Traders Exchange
- Port Waratah Coal Services - Australia
- Ceylon Electricity Board - Sri Lanka
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kaltim Prima Coal - Indonesia
- IHS Mccloskey Coal Group - USA
- Indogreen Group - Indonesia
- Kumho Petrochemical, South Korea
- Goldman Sachs - Singapore
- Petron Corporation, Philippines
- Agrawal Coal Company - India
- Madhucon Powers Ltd - India
- South Luzon Thermal Energy Corporation
- Latin American Coal - Colombia
- Rashtriya Ispat Nigam Limited - India
- Eastern Energy - Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Posco Energy - South Korea
- Toyota Tsusho Corporation, Japan
- Attock Cement Pakistan Limited
- Barasentosa Lestari - Indonesia
- IEA Clean Coal Centre - UK
- PetroVietnam Power Coal Import and Supply Company
- Essar Steel Hazira Ltd - India
- Videocon Industries ltd - India
- Indian Energy Exchange, India
- GMR Energy Limited - India
- Wilmar Investment Holdings
- Chettinad Cement Corporation Ltd - India
- Electricity Authority, New Zealand
- Alfred C Toepfer International GmbH - Germany
- Jaiprakash Power Ventures ltd
- Asmin Koalindo Tuhup - Indonesia
- Star Paper Mills Limited - India
- Dalmia Cement Bharat India
- Krishnapatnam Port Company Ltd. - India
- Sindya Power Generating Company Private Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PowerSource Philippines DevCo
- Uttam Galva Steels Limited - India
- Cigading International Bulk Terminal - Indonesia
- Central Electricity Authority - India
- Price Waterhouse Coopers - Russia
- Africa Commodities Group - South Africa
- Simpson Spence & Young - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Petrochimia International Co. Ltd.- Taiwan
- Heidelberg Cement - Germany
- Billiton Holdings Pty Ltd - Australia
- Parry Sugars Refinery, India
- Cement Manufacturers Association - India
- Coalindo Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Makarim & Taira - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Pipit Mutiara Jaya. PT, Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Anglo American - United Kingdom
- GAC Shipping (India) Pvt Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sinarmas Energy and Mining - Indonesia
- Commonwealth Bank - Australia
- International Coal Ventures Pvt Ltd - India
- Aditya Birla Group - India
- Jorong Barutama Greston.PT - Indonesia
- Energy Development Corp, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Kartika Selabumi Mining - Indonesia
- Samtan Co., Ltd - South Korea
- Coal and Oil Company - UAE
- Orica Australia Pty. Ltd.
- Trasteel International SA, Italy
- OPG Power Generation Pvt Ltd - India
- GVK Power & Infra Limited - India
- Indo Tambangraya Megah - Indonesia
- Interocean Group of Companies - India
- Leighton Contractors Pty Ltd - Australia
- Kideco Jaya Agung - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Maharashtra Electricity Regulatory Commission - India
- Xindia Steels Limited - India
- Bangladesh Power Developement Board
- Holcim Trading Pte Ltd - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The University of Queensland
- Bhoruka Overseas - Indonesia
- Bukit Makmur.PT - Indonesia
- VISA Power Limited - India
- Bukit Baiduri Energy - Indonesia
- Electricity Generating Authority of Thailand
- Carbofer General Trading SA - India
- MS Steel International - UAE
- Thiess Contractors Indonesia
- Binh Thuan Hamico - Vietnam
- Eastern Coal Council - USA
- Oldendorff Carriers - Singapore
- Maheswari Brothers Coal Limited - India
- TeaM Sual Corporation - Philippines
- India Bulls Power Limited - India
- London Commodity Brokers - England
- Therma Luzon, Inc, Philippines
- Tata Chemicals Ltd - India
- Rio Tinto Coal - Australia
- Global Coal Blending Company Limited - Australia
- CIMB Investment Bank - Malaysia
- Sojitz Corporation - Japan
- Timah Investasi Mineral - Indoneisa
- European Bulk Services B.V. - Netherlands
- Gujarat Sidhee Cement - India
- Georgia Ports Authority, United States
- Baramulti Group, Indonesia
- Sree Jayajothi Cements Limited - India
- Energy Link Ltd, New Zealand
- SN Aboitiz Power Inc, Philippines
- Australian Coal Association
- Siam City Cement PLC, Thailand
- Larsen & Toubro Limited - India
- Grasim Industreis Ltd - India
- Wood Mackenzie - Singapore
- Orica Mining Services - Indonesia
- Intertek Mineral Services - Indonesia
- Romanian Commodities Exchange
- ASAPP Information Group - India
- Ministry of Finance - Indonesia
- Salva Resources Pvt Ltd - India
- Bharathi Cement Corporation - India
- Bhushan Steel Limited - India
- The State Trading Corporation of India Ltd
- Thai Mozambique Logistica
- Vijayanagar Sugar Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- The Treasury - Australian Government
- SMG Consultants - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Indika Energy - Indonesia
- Ambuja Cements Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Mintek Dendrill Indonesia
- Lanco Infratech Ltd - India
- Straits Asia Resources Limited - Singapore
- Mercator Lines Limited - India
- AsiaOL BioFuels Corp., Philippines
- Minerals Council of Australia
- Power Finance Corporation Ltd., India
- Deloitte Consulting - India
- Antam Resourcindo - Indonesia
- ICICI Bank Limited - India
- CNBM International Corporation - China
- Merrill Lynch Commodities Europe
- Central Java Power - Indonesia
- Altura Mining Limited, Indonesia
- Ind-Barath Power Infra Limited - India
- Kobexindo Tractors - Indoneisa
- Sakthi Sugars Limited - India
- Miang Besar Coal Terminal - Indonesia
- Vedanta Resources Plc - India
- Standard Chartered Bank - UAE
- Singapore Mercantile Exchange
- Borneo Indobara - Indonesia
- Meralco Power Generation, Philippines
- Directorate Of Revenue Intelligence - India
- Coastal Gujarat Power Limited - India
- Sarangani Energy Corporation, Philippines
- Indonesian Coal Mining Association
- Indian Oil Corporation Limited
- Iligan Light & Power Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Tamil Nadu electricity Board
- Kapuas Tunggal Persada - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Medco Energi Mining Internasional
- Vizag Seaport Private Limited - India
- McConnell Dowell - Australia
- LBH Netherlands Bv - Netherlands
- Riau Bara Harum - Indonesia
- Sical Logistics Limited - India
- SMC Global Power, Philippines
- New Zealand Coal & Carbon
- Aboitiz Power Corporation - Philippines
- Economic Council, Georgia
- Global Business Power Corporation, Philippines
- Mjunction Services Limited - India
- Chamber of Mines of South Africa
- Meenaskhi Energy Private Limited - India
- Bhatia International Limited - India
- Parliament of New Zealand
- Renaissance Capital - South Africa
- Metalloyd Limited - United Kingdom
- Bayan Resources Tbk. - Indonesia
- Karaikal Port Pvt Ltd - India
- Independent Power Producers Association of India
- Banpu Public Company Limited - Thailand
- White Energy Company Limited
- Edison Trading Spa - Italy
- Malabar Cements Ltd - India
- Kepco SPC Power Corporation, Philippines
- Semirara Mining Corp, Philippines
- Ministry of Transport, Egypt
- Mercuria Energy - Indonesia
- Marubeni Corporation - India
- Savvy Resources Ltd - HongKong
- PTC India Limited - India
- Manunggal Multi Energi - Indonesia
- Siam City Cement - Thailand
- Planning Commission, India
- Formosa Plastics Group - Taiwan
- Bulk Trading Sa - Switzerland
- Semirara Mining and Power Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Ministry of Mines - Canada
- Jindal Steel & Power Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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