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Monday, 19 April 10
PLN TO OPERATE COAL MINES IN BID TO FUEL POWER PLANTS
The Jakarta Globe reported that, state electricity utility PT Perusahaan Listrik Negara said on Sunday that it aimed to take over operation of small coal mining concessions throughout the archipelago to secure enough fuel for its growing number of power plants.
“We will open the tender next month as we are still preparing the details of business scheme,” said Dahlan Iskan, PLN’s president director. “The companies that win the tender will get royalties per ton, while the concessions will be operated by PLN. It is a solution to ended our dependence on coal supply from mining companies.”
PLN will set aside a minimum of Rp 5 trillion ($555 million) to pay royalties to the coal miners, Dahlan said.
The plant to operate the concessions of coal miners represents a change of tack from PLN’s earlier plan to obtain coal mining concessions itself.
In 2008, the utility set up a coal-buying subsidiary PT PLN Batubara. It was intended that Batubara would also eventually acquire coal mining concessions but it has been unable to do so. Batubara will now be tasked with operating concessions that PLN acquires.
“From our observation over the last three months, coal mining concessions all have been awarded to private companies and foreigners,” Dahlan said. “PLN could not obtain any coal concessions because we don’t have the money to bribe officials,” he said, referring to local government officials responsible for granting coal concessions.
However, Witoro Soelarno, secretary of the directorate general of coal and geothermal energy at the Energy Ministry, said PLN’s plan would violate the Mining Law, which states that mining concession holders should operate their own concessions and are not allowed to hand over the operation of their concession to other company.
“But the case with PLN may be different, because PLN will operate and will use the output itself, rather than selling it,” he said, adding that the Energy Ministry needed to review the plan.
PLN aims to put 10,000 MW of additional electricity capacity online by 2012, most of which will be generated from new coal-fired plants. However, it has been struggling to get enough fuel.
Last year, PLN spent around Rp 18 trillion on coal and it estimates that will increased to around Rp 30 trillion this year.
Small coal miners that already supply coal to PLN include PT Nusa Galih Nusantara, PT Ilthabi Bara Utama, PT Millenium Mining & Resources, PT Surya Artha Mandiri, PT Djan Resources, CV Buana Bara Lestari, PT Ecomas Jaya, PT Borneo Selatan, PT Nusa Alam Lestari, CV Bumi Sakti Prakarsa Mandiri, PT SInar Hakiki Multi, PT Hayam Wuruk, PT Nusantara Geocoal and PT Takenuda.
Source: The Jakarta Globe ( By:Reva Sasistiya)
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Thursday, 17 June 10
INDONESIAN COAL PRICE REFERENCE FOR JUNE IS US$ 97.22/TON UP 5.59 PERCENT
COALspot.com: The directorate general of mineral, coal and geothermal of Indonesia has been publishing a monthly coal price reference (HBA) to be us ...
Thursday, 17 June 10
COAL EXPLORATION & DEVELOPMENTS HOTPOTS CONFERENCE
Press Release: The Coal Exploration and Developments Hotspots conference will bring together a panel of more than 20 of the world’s lead ...
Thursday, 17 June 10
AUSTRALIA'S LEIGHTON WINS $1.3 BILLION OF NEW WORK - THE JAKARTA POST
Australian construction and contract mining group Leighton Holdings Ltd. said Thursday it has won 1.5 billion Australian dollars ($1.3 billion) of n ...
Wednesday, 16 June 10
INDONESIAS STATE OWNED ELECTRICITY COMPANY WILL CONSUME 95.30 MILLION TONS OF COAL IN 2014
COALspot.com: Indonesia's state owned electricity company forecasted its coal requirement in 2014 would be around 95 million tons.  ...
Wednesday, 16 June 10
MADHYA PRADESH GOVT IMPORT 50K METRIC TONNES OF COAL FROM INDONESIA - DNA INDIA
DNA India reported that, the Madhya Pradesh government has imported 50,000 metric tonnes of coal from Indonesia to deal with its shortage which is a ...
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- India Bulls Power Limited - India
- Banpu Public Company Limited - Thailand
- Ceylon Electricity Board - Sri Lanka
- Independent Power Producers Association of India
- Indo Tambangraya Megah - Indonesia
- Wilmar Investment Holdings
- Thiess Contractors Indonesia
- Ministry of Transport, Egypt
- Altura Mining Limited, Indonesia
- Gujarat Electricity Regulatory Commission - India
- Simpson Spence & Young - Indonesia
- ICICI Bank Limited - India
- Indian Energy Exchange, India
- Gujarat Sidhee Cement - India
- Ind-Barath Power Infra Limited - India
- Lanco Infratech Ltd - India
- Dalmia Cement Bharat India
- Madhucon Powers Ltd - India
- Marubeni Corporation - India
- Directorate General of MIneral and Coal - Indonesia
- Tata Chemicals Ltd - India
- Mercator Lines Limited - India
- Commonwealth Bank - Australia
- Orica Mining Services - Indonesia
- Videocon Industries ltd - India
- Global Coal Blending Company Limited - Australia
- Makarim & Taira - Indonesia
- Cigading International Bulk Terminal - Indonesia
- PNOC Exploration Corporation - Philippines
- Latin American Coal - Colombia
- Riau Bara Harum - Indonesia
- VISA Power Limited - India
- Global Green Power PLC Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Port Waratah Coal Services - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Maheswari Brothers Coal Limited - India
- Siam City Cement PLC, Thailand
- Trasteel International SA, Italy
- AsiaOL BioFuels Corp., Philippines
- Electricity Generating Authority of Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- GAC Shipping (India) Pvt Ltd
- Intertek Mineral Services - Indonesia
- Karaikal Port Pvt Ltd - India
- London Commodity Brokers - England
- Gujarat Mineral Development Corp Ltd - India
- Indogreen Group - Indonesia
- Rio Tinto Coal - Australia
- Singapore Mercantile Exchange
- CNBM International Corporation - China
- Jaiprakash Power Ventures ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Salva Resources Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Ministry of Mines - Canada
- Antam Resourcindo - Indonesia
- The State Trading Corporation of India Ltd
- Chamber of Mines of South Africa
- Semirara Mining and Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Indian Oil Corporation Limited
- Standard Chartered Bank - UAE
- Manunggal Multi Energi - Indonesia
- Meenaskhi Energy Private Limited - India
- Chettinad Cement Corporation Ltd - India
- Ministry of Finance - Indonesia
- SMC Global Power, Philippines
- Posco Energy - South Korea
- Timah Investasi Mineral - Indoneisa
- Bayan Resources Tbk. - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Bukit Baiduri Energy - Indonesia
- Medco Energi Mining Internasional
- Sindya Power Generating Company Private Ltd
- Bukit Makmur.PT - Indonesia
- Anglo American - United Kingdom
- Baramulti Group, Indonesia
- PTC India Limited - India
- Parry Sugars Refinery, India
- Bukit Asam (Persero) Tbk - Indonesia
- The Treasury - Australian Government
- Bhatia International Limited - India
- GMR Energy Limited - India
- Leighton Contractors Pty Ltd - Australia
- Uttam Galva Steels Limited - India
- Coal and Oil Company - UAE
- Coastal Gujarat Power Limited - India
- IHS Mccloskey Coal Group - USA
- Mercuria Energy - Indonesia
- Edison Trading Spa - Italy
- Goldman Sachs - Singapore
- Vedanta Resources Plc - India
- SN Aboitiz Power Inc, Philippines
- Cement Manufacturers Association - India
- McConnell Dowell - Australia
- Mintek Dendrill Indonesia
- Coalindo Energy - Indonesia
- Vizag Seaport Private Limited - India
- Miang Besar Coal Terminal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Bharathi Cement Corporation - India
- Renaissance Capital - South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Thai Mozambique Logistica
- Energy Link Ltd, New Zealand
- Planning Commission, India
- Kartika Selabumi Mining - Indonesia
- Straits Asia Resources Limited - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Parliament of New Zealand
- Bulk Trading Sa - Switzerland
- South Luzon Thermal Energy Corporation
- Petrochimia International Co. Ltd.- Taiwan
- Larsen & Toubro Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Alfred C Toepfer International GmbH - Germany
- Electricity Authority, New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- Kalimantan Lumbung Energi - Indonesia
- Bhoruka Overseas - Indonesia
- Kaltim Prima Coal - Indonesia
- Aditya Birla Group - India
- Binh Thuan Hamico - Vietnam
- Romanian Commodities Exchange
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Price Waterhouse Coopers - Russia
- Interocean Group of Companies - India
- Georgia Ports Authority, United States
- Semirara Mining Corp, Philippines
- LBH Netherlands Bv - Netherlands
- Aboitiz Power Corporation - Philippines
- Xindia Steels Limited - India
- Formosa Plastics Group - Taiwan
- Bank of Tokyo Mitsubishi UFJ Ltd
- European Bulk Services B.V. - Netherlands
- Rashtriya Ispat Nigam Limited - India
- Bhushan Steel Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Ambuja Cements Ltd - India
- Barasentosa Lestari - Indonesia
- Australian Coal Association
- PetroVietnam Power Coal Import and Supply Company
- Star Paper Mills Limited - India
- Siam City Cement - Thailand
- Kobexindo Tractors - Indoneisa
- Carbofer General Trading SA - India
- OPG Power Generation Pvt Ltd - India
- Borneo Indobara - Indonesia
- Bangladesh Power Developement Board
- International Coal Ventures Pvt Ltd - India
- Central Java Power - Indonesia
- Attock Cement Pakistan Limited
- GVK Power & Infra Limited - India
- Eastern Coal Council - USA
- Grasim Industreis Ltd - India
- Mjunction Services Limited - India
- CIMB Investment Bank - Malaysia
- Toyota Tsusho Corporation, Japan
- Africa Commodities Group - South Africa
- Economic Council, Georgia
- Krishnapatnam Port Company Ltd. - India
- Sree Jayajothi Cements Limited - India
- Heidelberg Cement - Germany
- Jindal Steel & Power Ltd - India
- New Zealand Coal & Carbon
- Kideco Jaya Agung - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- MS Steel International - UAE
- Directorate Of Revenue Intelligence - India
- ASAPP Information Group - India
- Indika Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Deloitte Consulting - India
- Pendopo Energi Batubara - Indonesia
- Metalloyd Limited - United Kingdom
- SMG Consultants - Indonesia
- Sical Logistics Limited - India
- Savvy Resources Ltd - HongKong
- Global Business Power Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Orica Australia Pty. Ltd.
- Meralco Power Generation, Philippines
- The University of Queensland
- Holcim Trading Pte Ltd - Singapore
- San Jose City I Power Corp, Philippines
- Wood Mackenzie - Singapore
- Oldendorff Carriers - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Central Electricity Authority - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Tamil Nadu electricity Board
- Sakthi Sugars Limited - India
- Kumho Petrochemical, South Korea
- Minerals Council of Australia
- Eastern Energy - Thailand
- Neyveli Lignite Corporation Ltd, - India
- Therma Luzon, Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- Sojitz Corporation - Japan
- PowerSource Philippines DevCo
- Indonesian Coal Mining Association
- Malabar Cements Ltd - India
- Petron Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Energy Development Corp, Philippines
- Merrill Lynch Commodities Europe
- Iligan Light & Power Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Agrawal Coal Company - India
- Samtan Co., Ltd - South Korea
- IEA Clean Coal Centre - UK
- Australian Commodity Traders Exchange
- White Energy Company Limited
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