Hanoi (VNA) – Vietnam Electricity (EVN)’s Power Generation Corporation 1 (EVNGENCO1) said on March 8 that it has built a coordination plan to ensure coal supply for thermal power production. Accordingly, the company will sign a contract to import this year’s first batch of 1 million tonnes of coal to serve the operation of Duyen […]

HÀ NỘI – Though the Government plans to increase its renewable energy capacity, Việt Nam’s power industry is forecast to see a rise in coal-powered generation as the cheap and reliable source remains the most feasible option to meet the country’s rapidly rising power demands. According to Daine Loh, power and renewables analyst of Fitch […]

A group of top executives of foreign and local mining firms gathered at a forum held in a five-star hotel at the heart of Jakarta recently, expressing their wishes that the government should do more to help their industry as several problems were left unsolved. Deputy Energy and Mineral Resources Minister Arcandra Tahar gave an […]

JAKARTA: * The Indonesian government has set the coal benchmark price (HBA) for March at $90.57 per tonne, marking a seventh consecutive month of price fall, Muhamad Hendrasto, director of coal at the energy ministry, told reporters on Monday. * February’s benchmark price, which the government uses to calculate a miner’s royalties, was $91.80 per […]

We expect coal-powered generation growth to increase rapidly over the next decade and to dominate Vietnam’s power sector expansion. We forecast coal-powered generation to grow at an average of 10.1% y-o-y to reach about 50.5% of the power mix by 2028. This is due to relatively slow supply growth from traditional sources of energy such as […]

A coalition of non-government organisations (NGOs) has called on Southeast Asia’s largest financial services group, DBS Bank, to back out of a 2,000-megawatt coal-fired power project in Indonesia that is reaching financial close. The Banten Suralaya complex in Java, located less than 100km from the capital Jakarta, is being sponsored by Indonesia’s state utility Perusahaan […]

Christiana Figueres, the woman who led the negotiations in the groundbreaking Paris Agreement as executive secretary of the UN Framework Convention on Climate Change, steered almost 200 nations through the most complex international deal ever attempted four years ago. But in her current job as convenor of Mission 2020, a global initiative to curb fossil fuels by the […]

Coal demand for electricity generation is estimated at 25.84 million tonnes in 2019. Electricity of Vietnam (EVN) is urging authorities to add $64.96m (VND1.49t) to electricity purchase costs due to increasing coal prices as proposed by the Vietnam National Coal and Mineral Industries Group (Vinacomin) and the Northeast Corporation, a report revealed. In its official […]

JAKARTA — Usman’s been glued to the TV news lately. A young fisherman living in Batang, along the northeastern coast of Indonesia’s main island of Java, Usman is closely following this year’s presidential race. While much of the country has been caught up in the daily trading of barbs between the campaign teams of President […]

Indonesia’s domestic market obligation requirements could impact thermal coal prices throughout 2019 should the country’s government take action against companies that are missing their targets, S&P Global Ratings said Wednesday. “DMO sales reached only 21.7% of domestic production in 2018, and a number of coal miners could not meet their DMO requirement,” S&P Global Ratings […]