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Wednesday, 05 June 13
DON'T AVOID PAYING COAL ROYALTY TO THE GOVERNMENT - INDONESIAN ENERGY MINISTER
 COALspot.com – “Every country has the right to make policies to protect their national interests”, Energy and Mineral Resources Minister of Indonesia Jero Wacik replied to a question related to China’s proposed import ban on low calorific value coal on the sidelines of the 19th CoalTrans Asia conference at the Bali International Convention Center in Nusa Dua, Bali. The minister further said, the government would increase coal exports to other countries, including India, look to new markets and encourage domestic consumption, if China imposes the ban on lower grader coal.
According to minister demand for coal is still high, and it will continue to be increases. The current low prices are just for temporary period, and the coal prices will increase again soon once world economy returns to its normal condition.
“Don’t avoid paying coal royalty to the government”, he requests coal producers to pay the royalty on time as per the government regulation.
China is reportedly considering to ban imports of lower calorific value coal because these types of coal create high pollution. China’s decision, if implemented, would hurt Indonesia’s low calorific value coal producers. In the meantime, it will be benefited for high calorific value producers. The Chinese coal buyers as well as Indonesian coal suppliers were saying, during 19th CoalTrans Asia conference, China is considering banning coal with calorific value below 3700 on NAR basis instead of previously 4540 NAR coal. However, some of the participants of coal conference are in an opinion that, the ban will not be implemented immediately.
In the meantime, the demand for 3800 GAR to 4200 GAR coal is still high and Indian buyers are looking for similar coal for Indian market.
“The demand is there, but the asking prices for 3800 GAR coal are very low”, said a coal producer. According to the producer, who is producing coal from central Kalimantan, the bids are around US$ 35 per MT fob vessel, which is far below than current offer prices.
In the meantime, a south Sumatra coal producer said, the price differences between their offers are bids that they are receiving is very narrow. “ The difference between our offer and bids are around US$ 0.50 to US$ 1 per ton” said the same producer who is producing around 100,000 tons of coal every month.
The immediate future of coal market direction is unpredictable at this moment. No stakeholder of coal industry is able to give a firm forecast neither on direction of coal market nor price.
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Friday, 28 June 24
INDIAN POWER STATIONS STOCKED WITH BUMPER COAL SUPPLY AS TRANSPORT WOES EASE - BUSINESS STANDARD
Even as power demand has touched a historic high of 250 gigawatts (Gw) amid sweltering heat this June, India’s power stations are stocked wit ...
Friday, 28 June 24
INDIA'S CY23 COAL USE LARGER THAN NORTH AMERICA, EUROPE COMBINED - THE HINDU
For the first time, India’s coal consumption surpassed that of North America and Europe combined in the calendar year 2023, said Energy Insti ...
Monday, 24 June 24
PLN'S FINANCIAL SUSTAINABILITY RESTS ON ACCELERATED COAL RETIREMENT AND RENEWABLES DEPLOYMENT - MUTYA YUSTIKA
On 28 May 2024, Indonesia’s national electricity utility, PT Perusahaan Listrik Negara (PLN), released its financial report for 2023. Althoug ...
Monday, 24 June 24
INDIA'S COAL-BASED POWER DEMAND AT ALL-TIME HIGH, GOVERNMENT SAYS - REUTERS
India’s demand for coal-based power has risen by 7.3% this fiscal year to an all-time high, the government said in a statement on Wednesday.
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Monday, 24 June 24
CHINA'S COAL INDUSTRY TURNS GREENER THROUGH INNOVATIVE APPROACHES - PEOPLE'S DAILY
At an opencast mine operated by Inner Mongolia Pingzhuang Coal Group Co. Ltd., a subsidiary of CHN Energy Investment Group (CHN Energy), a 14-meter ...
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- Parliament of New Zealand
- Central Java Power - Indonesia
- MS Steel International - UAE
- Barasentosa Lestari - Indonesia
- GVK Power & Infra Limited - India
- Semirara Mining Corp, Philippines
- Ministry of Finance - Indonesia
- Chettinad Cement Corporation Ltd - India
- Commonwealth Bank - Australia
- Kartika Selabumi Mining - Indonesia
- Indian Oil Corporation Limited
- Sical Logistics Limited - India
- Sinarmas Energy and Mining - Indonesia
- Oldendorff Carriers - Singapore
- Maheswari Brothers Coal Limited - India
- Star Paper Mills Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Trasteel International SA, Italy
- Sarangani Energy Corporation, Philippines
- Coal and Oil Company - UAE
- Madhucon Powers Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Bharathi Cement Corporation - India
- Chamber of Mines of South Africa
- Energy Link Ltd, New Zealand
- Vizag Seaport Private Limited - India
- Tata Chemicals Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Bayan Resources Tbk. - Indonesia
- Makarim & Taira - Indonesia
- Mjunction Services Limited - India
- Ministry of Transport, Egypt
- Kalimantan Lumbung Energi - Indonesia
- Manunggal Multi Energi - Indonesia
- LBH Netherlands Bv - Netherlands
- Wood Mackenzie - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Electricity Authority, New Zealand
- Ind-Barath Power Infra Limited - India
- VISA Power Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- IHS Mccloskey Coal Group - USA
- TeaM Sual Corporation - Philippines
- GMR Energy Limited - India
- Eastern Coal Council - USA
- Lanco Infratech Ltd - India
- Standard Chartered Bank - UAE
- Interocean Group of Companies - India
- Samtan Co., Ltd - South Korea
- Independent Power Producers Association of India
- Sakthi Sugars Limited - India
- Rashtriya Ispat Nigam Limited - India
- Holcim Trading Pte Ltd - Singapore
- Alfred C Toepfer International GmbH - Germany
- Indonesian Coal Mining Association
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Indogreen Group - Indonesia
- Mintek Dendrill Indonesia
- Cigading International Bulk Terminal - Indonesia
- India Bulls Power Limited - India
- Aditya Birla Group - India
- Central Electricity Authority - India
- Deloitte Consulting - India
- The Treasury - Australian Government
- Maharashtra Electricity Regulatory Commission - India
- Semirara Mining and Power Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- CIMB Investment Bank - Malaysia
- Baramulti Group, Indonesia
- Thai Mozambique Logistica
- Kepco SPC Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Global Coal Blending Company Limited - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Bhoruka Overseas - Indonesia
- White Energy Company Limited
- SMG Consultants - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Timah Investasi Mineral - Indoneisa
- Kapuas Tunggal Persada - Indonesia
- Bulk Trading Sa - Switzerland
- Coalindo Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- PTC India Limited - India
- Romanian Commodities Exchange
- Uttam Galva Steels Limited - India
- Meenaskhi Energy Private Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Minerals Council of Australia
- Vedanta Resources Plc - India
- Port Waratah Coal Services - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Renaissance Capital - South Africa
- SN Aboitiz Power Inc, Philippines
- Wilmar Investment Holdings
- Leighton Contractors Pty Ltd - Australia
- Malabar Cements Ltd - India
- Parry Sugars Refinery, India
- Siam City Cement PLC, Thailand
- PNOC Exploration Corporation - Philippines
- Antam Resourcindo - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Merrill Lynch Commodities Europe
- Planning Commission, India
- Gujarat Sidhee Cement - India
- San Jose City I Power Corp, Philippines
- McConnell Dowell - Australia
- Siam City Cement - Thailand
- Jorong Barutama Greston.PT - Indonesia
- PowerSource Philippines DevCo
- Eastern Energy - Thailand
- Binh Thuan Hamico - Vietnam
- Mercator Lines Limited - India
- Posco Energy - South Korea
- ASAPP Information Group - India
- Sindya Power Generating Company Private Ltd
- Africa Commodities Group - South Africa
- Therma Luzon, Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ambuja Cements Ltd - India
- Jindal Steel & Power Ltd - India
- Orica Mining Services - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Aboitiz Power Corporation - Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Essar Steel Hazira Ltd - India
- Electricity Generating Authority of Thailand
- Indika Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Straits Asia Resources Limited - Singapore
- International Coal Ventures Pvt Ltd - India
- Mercuria Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Cement Manufacturers Association - India
- Gujarat Electricity Regulatory Commission - India
- CNBM International Corporation - China
- Directorate Of Revenue Intelligence - India
- Sojitz Corporation - Japan
- Salva Resources Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Heidelberg Cement - Germany
- IEA Clean Coal Centre - UK
- Bukit Baiduri Energy - Indonesia
- The State Trading Corporation of India Ltd
- Simpson Spence & Young - Indonesia
- Petron Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- GAC Shipping (India) Pvt Ltd
- Intertek Mineral Services - Indonesia
- Rio Tinto Coal - Australia
- Dalmia Cement Bharat India
- Economic Council, Georgia
- Metalloyd Limited - United Kingdom
- New Zealand Coal & Carbon
- Price Waterhouse Coopers - Russia
- Orica Australia Pty. Ltd.
- Larsen & Toubro Limited - India
- Sree Jayajothi Cements Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Coastal Gujarat Power Limited - India
- Pendopo Energi Batubara - Indonesia
- Tamil Nadu electricity Board
- Kobexindo Tractors - Indoneisa
- Marubeni Corporation - India
- Karbindo Abesyapradhi - Indoneisa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ceylon Electricity Board - Sri Lanka
- Carbofer General Trading SA - India
- London Commodity Brokers - England
- Georgia Ports Authority, United States
- Goldman Sachs - Singapore
- Agrawal Coal Company - India
- Kumho Petrochemical, South Korea
- Vijayanagar Sugar Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Indo Tambangraya Megah - Indonesia
- Singapore Mercantile Exchange
- Kideco Jaya Agung - Indonesia
- Energy Development Corp, Philippines
- Ministry of Mines - Canada
- Bukit Makmur.PT - Indonesia
- Attock Cement Pakistan Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Thiess Contractors Indonesia
- SMC Global Power, Philippines
- Global Business Power Corporation, Philippines
- Videocon Industries ltd - India
- Australian Coal Association
- Meralco Power Generation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Grasim Industreis Ltd - India
- Bhatia International Limited - India
- Edison Trading Spa - Italy
- The University of Queensland
- Power Finance Corporation Ltd., India
- Global Green Power PLC Corporation, Philippines
- Bangladesh Power Developement Board
- Toyota Tsusho Corporation, Japan
- PetroVietnam Power Coal Import and Supply Company
- Australian Commodity Traders Exchange
- Kaltim Prima Coal - Indonesia
- Bhushan Steel Limited - India
- Indian Energy Exchange, India
- ICICI Bank Limited - India
- OPG Power Generation Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Anglo American - United Kingdom
- Xindia Steels Limited - India
- Altura Mining Limited, Indonesia
- Latin American Coal - Colombia
- Jaiprakash Power Ventures ltd
- Borneo Indobara - Indonesia
- Medco Energi Mining Internasional
- Riau Bara Harum - Indonesia
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