South Korea’s KEPCO cancels foreign coal power investment

According to a media statement from Solutions for Our Climate, a Seoul-based nongovernmental organisation, KEPCO CEO Kim Jong-gap revealed this news during an annual governmental audit hearing by the Korean National Assembly. Kim Jong-gap further underlined that the company has “no plans to pursue overseas coal power projects in the future.”

Japan’s Erex taps Indonesian PKS export business

Erex established joint venture Dharma Sumber Energi with Indonesian PKS supplier Dharma Energi Investama (DEI) earlier this month. The new firm, of which Erex owns 33pc through its subsidiary Erex Singapore, plans to start stockpiling in December and to begin exports in September 2021