COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
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)



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

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 ...


   1154 1155 1156 1157 1158   
Showing 5776 to 5780 news of total 6871
News by Category
Popular News
 
Total Members : 28,622
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • India Bulls Power Limited - India
  • Inspectorate - India
  • Banpu Public Company Limited - Thailand
  • ETA - Dubai
  • WorleyParsons
  • JPower - Japan
  • CoalTek, United States
  • Ceylon Electricity Board - Sri Lanka
  • Independent Power Producers Association of India
  • KPCL - India
  • Indo Tambangraya Megah - Indonesia
  • Glencore India Pvt. Ltd
  • Cemex - Philippines
  • 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
  • Adaro Indonesia
  • Indian Energy Exchange, India
  • Gujarat Sidhee Cement - India
  • Ind-Barath Power Infra Limited - India
  • TRAFIGURA, South Korea
  • Lanco Infratech Ltd - India
  • UBS Singapore
  • Platou - Singapore
  • Coeclerici Indonesia
  • Japan Coal Energy Center
  • NALCO 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
  • IOL Indonesia
  • SGS (Thailand) Limited
  • Reliance Power - India
  • Bangkok Bank PCL
  • Infraline Energy - India
  • Inco-Indonesia
  • Cigading International Bulk Terminal - Indonesia
  • TANGEDCO India
  • Peabody Energy - USA
  • PNOC Exploration Corporation - Philippines
  • Latin American Coal - Colombia
  • JPMorgan - India
  • Riau Bara Harum - Indonesia
  • HSBC - Hong Kong
  • IMC Shipping - Singapore
  • VISA Power Limited - India
  • KPMG - USA
  • Global Green Power PLC Corporation, Philippines
  • Globalindo Alam Lestari - Indonesia
  • Humpuss - Indonesia
  • Kapuas Tunggal Persada - Indonesia
  • Permata Bank - Indonesia
  • Port Waratah Coal Services - Australia
  • Pipit Mutiara Jaya. PT, Indonesia
  • bp singapore
  • Shree Cement - India
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Maheswari Brothers Coal Limited - India
  • Russian Coal LLC
  • Siam City Cement PLC, Thailand
  • Trasteel International SA, Italy
  • Deutsche Bank - India
  • AsiaOL BioFuels Corp., Philippines
  • Electricity Generating Authority of Thailand
  • Vijayanagar Sugar Pvt Ltd - India
  • Petrosea - Indonesia
  • Essar Steel Hazira Ltd - India
  • GAC Shipping (India) Pvt Ltd
  • Intertek Mineral Services - Indonesia
  • Karaikal Port Pvt Ltd - India
  • London Commodity Brokers - England
  • EIA - United States
  • Gujarat Mineral Development Corp Ltd - India
  • Indogreen Group - Indonesia
  • Rio Tinto Coal - Australia
  • Singapore Mercantile Exchange
  • CNBM International Corporation - China
  • Lafarge - France
  • Xstrata Coal
  • Jaiprakash Power Ventures ltd
  • Bank of China, Malaysia
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Salva Resources Pvt Ltd - India
  • Core Mineral Indonesia
  • Power Finance Corporation Ltd., India
  • Ministry of Mines - Canada
  • Antam Resourcindo - Indonesia
  • Maruti Cements - India
  • Thermax Limited - India
  • The State Trading Corporation of India Ltd
  • Chamber of Mines of South Africa
  • Semirara Mining and Power Corporation, Philippines
  • Clarksons - UK
  • Jorong Barutama Greston.PT - Indonesia
  • PetroVietnam
  • Barclays Capital - USA
  • Indian Oil Corporation Limited
  • Standard Chartered Bank - UAE
  • Manunggal Multi Energi - Indonesia
  • Meenaskhi Energy Private Limited - India
  • Chettinad Cement Corporation Ltd - India
  • Geoservices-GeoAssay Lab
  • Ministry of Finance - Indonesia
  • SMC Global Power, Philippines
  • Posco Energy - South Korea
  • KOWEPO - South Korea
  • Timah Investasi Mineral - Indoneisa
  • Vitol - Bahrain
  • Surastha Cement
  • Bayan Resources Tbk. - Indonesia
  • Enel Italy
  • Runge Indonesia
  • Coal India Limited
  • GB Group - China
  • Sinarmas Energy and Mining - Indonesia
  • Bukit Baiduri Energy - Indonesia
  • ANZ Bank - Australia
  • Medco Energi Mining Internasional
  • Qatrana Cement - Jordan
  • Sindya Power Generating Company Private Ltd
  • Samsung - South Korea
  • Bukit Makmur.PT - Indonesia
  • Anglo American - United Kingdom
  • Baramulti Group, Indonesia
  • Tanito Harum - Indonesia
  • PTC India Limited - India
  • Mitra SK Pvt Ltd - India
  • APGENCO India
  • Parry Sugars Refinery, India
  • Bukit Asam (Persero) Tbk - Indonesia
  • The Treasury - Australian Government
  • Credit Suisse - India
  • Bhatia International Limited - India
  • GMR Energy Limited - India
  • Leighton Contractors Pty Ltd - Australia
  • Uttam Galva Steels Limited - India
  • Coal and Oil Company - UAE
  • Fearnleys - India
  • Malco - India
  • SUEK AG - Indonesia
  • Coastal Gujarat Power Limited - India
  • IHS Mccloskey Coal Group - USA
  • Mercuria Energy - Indonesia
  • Noble Europe Ltd - UK
  • Edison Trading Spa - Italy
  • Asia Cement - Taiwan
  • 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
  • CESC Limited - India
  • Miang Besar Coal Terminal - Indonesia
  • Pinang Coal Indonesia
  • Maharashtra Electricity Regulatory Commission - India
  • RBS Sempra - UK
  • Bharathi Cement Corporation - India
  • Renaissance Capital - South Africa
  • PLN - Indonesia
  • globalCOAL - UK
  • UOB Asia (HK) Ltd
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Thai Mozambique Logistica
  • Jatenergy - Australia
  • Vale Mozambique
  • Kobe Steel Ltd - Japan
  • Ernst & Young Pvt. Ltd.
  • Energy Link Ltd, New Zealand
  • Planning Commission, India
  • Kartika Selabumi Mining - Indonesia
  • BNP Paribas - Singapore
  • IBC Asia (S) Pte Ltd
  • Coal Orbis AG
  • Straits Asia Resources Limited - Singapore
  • Asmin Koalindo Tuhup - Indonesia
  • Parliament of New Zealand
  • GNFC Limited - India
  • Gresik Semen - Indonesia
  • Bulk Trading Sa - Switzerland
  • Total Coal South Africa
  • Cosco
  • South Luzon Thermal Energy Corporation
  • MEC Coal - Indonesia
  • PLN Batubara - Indonesia
  • OCBC - Singapore
  • Petrochimia International Co. Ltd.- Taiwan
  • Larsen & Toubro Limited - India
  • GN Power Mariveles Coal Plant, Philippines
  • EMO - The Netherlands
  • Alfred C Toepfer International GmbH - Germany
  • Electricity Authority, New Zealand
  • TNB Fuel Sdn Bhd - Malaysia
  • Kalimantan Lumbung Energi - Indonesia
  • Bhoruka Overseas - Indonesia
  • Adani Power Ltd - India
  • Gupta Coal India Ltd
  • Kaltim Prima Coal - Indonesia
  • Aditya Birla Group - India
  • KEPCO - South Korea
  • Tata Power - 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
  • Sucofindo - Indonesia
  • TGV SRAAC LIMITED, India
  • DBS Bank - Singapore
  • Semirara Mining Corp, Philippines
  • LBH Netherlands Bv - Netherlands
  • U S Energy Resources
  • Freeport Indonesia
  • Aboitiz Power Corporation - Philippines
  • Xindia Steels Limited - India
  • Formosa Plastics Group - Taiwan
  • CCIC - Indonesia
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Mitsui
  • Arch Coal - USA
  • European Bulk Services B.V. - Netherlands
  • Rashtriya Ispat Nigam Limited - India
  • Bhushan Steel Limited - India
  • Karbindo Abesyapradhi - Indoneisa
  • Ambuja Cements Ltd - India
  • Panama Canal Authority
  • Barasentosa Lestari - Indonesia
  • Asian Development Bank
  • McKinsey & Co - India
  • 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
  • ACC Limited - India
  • Bangladesh Power Developement Board
  • International Coal Ventures Pvt Ltd - India
  • Indonesia Power. PT
  • Berau Coal - Indonesia
  • Argus Media - Singapore
  • Central Java Power - Indonesia
  • Attock Cement Pakistan Limited
  • GVK Power & Infra Limited - India
  • Eastern Coal Council - USA
  • Mechel - Russia
  • Idemitsu - Japan
  • Grasim Industreis Ltd - India
  • The India Cements Ltd
  • ING Bank NV - Singapore
  • 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
  • Thailand Anthracite
  • Indorama - Singapore
  • Heidelberg Cement - Germany
  • Jindal Steel & Power Ltd - India
  • Bank of America
  • New Zealand Coal & Carbon
  • Coaltrans Conferences
  • Mitsubishi Corporation
  • Kideco Jaya Agung - Indonesia
  • Bahari Cakrawala Sebuku - Indonesia
  • MS Steel International - UAE
  • Moodys - Singapore
  • SRK Consulting
  • Directorate Of Revenue Intelligence - India
  • Platts
  • Thomson Reuters GRC
  • Indian School of Mines
  • Cebu Energy, Philippines
  • Shenhua Group - China
  • ASAPP Information Group - India
  • Indika Energy - Indonesia
  • TeaM Sual Corporation - Philippines
  • SASOL - South Africa
  • Deloitte Consulting - India
  • Pendopo Energi Batubara - Indonesia
  • Metalloyd Limited - United Kingdom
  • Cargill India Pvt Ltd
  • Rudhra Energy - India
  • GHCL Limited - India
  • SMG Consultants - Indonesia
  • Sical Logistics Limited - India
  • Savvy Resources Ltd - HongKong
  • Global Business Power Corporation, Philippines
  • World Bank
  • Billiton Holdings Pty Ltd - Australia
  • Orica Australia Pty. Ltd.
  • Meralco Power Generation, Philippines
  • Thriveni
  • Cardiff University - UK
  • TNPL - India
  • 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
  • J M Baxi & Co - India
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Tamil Nadu electricity Board
  • BRS Brokers - Singapore
  • Sakthi Sugars Limited - India
  • Britmindo - Indonesia
  • Kumho Petrochemical, South Korea
  • Minerals Council of Australia
  • Ince & co LLP
  • 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
  • World Coal - UK
  • 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
  • Merrill Lynch Bank
  • Maybank - Singapore
  • NTPC Limited - India
  • Australian Commodity Traders Exchange
  • Arutmin Indonesia
  • Maersk Broker
  • White Energy Company Limited