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China Likely to Ease Coal Mine Closures to Meet Surging Demand
Selasa, 16 Juni 2020 / 09:16 WIB
China will likely ease the pressure on local governments to shut older, inefficient coal mines as it seeks to meet rising demand of the most-polluting fuel to spur its economic recovery. Government officials are in the midst of preparing the country’s all-important five-year-plan, the...
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PM Modi To Launch Auction For Commercial Coal Mining On 18 June
Senin, 15 Juni 2020 / 11:38 WIB
by IANS -  Jun 14 2020, 8:45 am In a big reform initiative aimed at attracting global investment in the mining sector, the government proposes to start auction of coal mines for commercial extraction by private sector from 18 June.   Prime Minister Narendra Modi...
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The pandemic has everyone ditching coal quicker — except Asia
Jumat, 12 Juni 2020 / 10:01 WIB
While the coronavirus pandemic is accelerating the death of coal in developed nations, the dirtiest fossil fuel is alive and kicking in Asia. Demand for electricity plunged — and with it the need for coal — as factories around the world sat dormant and people spent months at home. In...
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Coal miner Bukit Asam to disburse ‘biggest payout ratio' in company history
Kamis, 11 Juni 2020 / 12:06 WIB
Coal mining heavyweight PT Bukit Asam is set to pay Rp 3.65 trillion (US$258.7 million) in dividends — claimed as the biggest payout ratio in the company's history — to its shareholders, mainly its heavily indebted parent company, MIND.ID. The dividends amounted to 90...
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Chinese consortium to reconstruct Montenegro's only coal power plant
Rabu, 10 Juni 2020 / 10:25 WIB
BELGRADE, June 9 (Xinhua) -- State utility Electric Power Industry of Montenegro (EPCG) signed an agreement on Tuesday with a consortium spearheaded by China's Dongfang Electric Corporation (DEC) on the reconstruction of Montenegro's only coal power plant built in 1982. The agreement on...
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Japan turns to coal as COVID-19 delays solar projects June 8, 2020 0
Selasa, 09 Juni 2020 / 09:23 WIB
In the wake of the COVID-19, electricity demand in Japan has dropped and power prices have declined. The electricity sector is further impacted by ongoing economic contraction, delays in the shipment of photovoltaic (PV) modules from China, and low nuclear availability. These factors are leading...
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Energy ministry rejects miners' request for relaxation on coal royalties
Selasa, 09 Juni 2020 / 09:20 WIB
The Energy and Mineral Resources Ministry has expressed its opposition to granting Indonesian coal miners’ request to relax coal royalty payments amid the COVID-19 pandemic. The ministry’s director for non-tax state revenue of coal and minerals, Johnson Pakpahan, said on Friday that...
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Asia's pandemic stimulus may slow the demise of coal
Selasa, 26 Mei 2020 / 15:14 WIB
SINGAPORE (Reuters) - Coal power plant construction will push ahead in Asia despite falling electricity demand and environmental concerns as policymakers prioritise boosting economies crippled by the coronavirus pandemic, analysts say. Fossil fuel demand will plummet this year as lockdowns sap...
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JBIC muddies comments from chief on ending coal finance
Rabu, 06 Mei 2020 / 12:40 WIB
TOKYO (Reuters) - Japan’s government-owned export credit agency said it has not changed its policy on financing coal power plants, muddying a message from the bank’s head that environmental groups had hailed as a major shift on the polluting fuel. The Japan Bank for International...
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