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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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Tuesday, 27 April 10
S.KOREA EWP SEEKS 0.520 MILLION TONS OF SUB-BITUMINOUS COAL
COALspot.com: South Korea East West Power Company has called for term bids for supply of Sub-bituminous Coal for Dangjin Thermal Power Pla ...
Monday, 26 April 10
COAL INDIA NEARS PORT DEAL WITH VIZAG STEEL - DNA
DNA India reported that, Coal India Ltd (CIL), the country’s largest coal producer, is close to signing a deal to acquire space at Vizag Steel ...
Sunday, 25 April 10
THE WAITING AT INDIAN PORTS FOR COAL VESSELS WAS QUITE NORMAL - VISTAAR
COALspot.com: The BDI remained unchanged this week and all other sectors also the change was not much.
The cape index continued to move up and wa ...
Saturday, 24 April 10
NTPC TO BUY COAL MINES IN KAZAKHSTAN - TELEGRAPH INDIA
Telegraph India reported that, NTPC Ltd plans to acquire coal mines and operate two thermal power plants in Kazakhstan.
“We are exploring t ...
Saturday, 24 April 10
CHINA'S COAL IMPORTS DOUBLE IN MARCH
China's General Administration of Customs said that the country imported 15.22 million tons of coal last month, more than double the amount it impo ...
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- Aboitiz Power Corporation - Philippines
- Pendopo Energi Batubara - Indonesia
- Karaikal Port Pvt Ltd - India
- Malabar Cements Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Indogreen Group - Indonesia
- Anglo American - United Kingdom
- Madhucon Powers Ltd - India
- Bhushan Steel Limited - India
- Thiess Contractors Indonesia
- Riau Bara Harum - Indonesia
- Metalloyd Limited - United Kingdom
- LBH Netherlands Bv - Netherlands
- Goldman Sachs - Singapore
- Sindya Power Generating Company Private Ltd
- Global Green Power PLC Corporation, Philippines
- Wilmar Investment Holdings
- Bhatia International Limited - India
- SN Aboitiz Power Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Mercator Lines Limited - India
- Tata Chemicals Ltd - India
- Georgia Ports Authority, United States
- Bahari Cakrawala Sebuku - Indonesia
- Meenaskhi Energy Private Limited - India
- India Bulls Power Limited - India
- Posco Energy - South Korea
- Xindia Steels Limited - India
- Global Coal Blending Company Limited - Australia
- International Coal Ventures Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Semirara Mining Corp, Philippines
- South Luzon Thermal Energy Corporation
- Neyveli Lignite Corporation Ltd, - India
- Power Finance Corporation Ltd., India
- Romanian Commodities Exchange
- Chettinad Cement Corporation Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- White Energy Company Limited
- OPG Power Generation Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Bulk Trading Sa - Switzerland
- Gujarat Sidhee Cement - India
- Petrochimia International Co. Ltd.- Taiwan
- Grasim Industreis Ltd - India
- Agrawal Coal Company - India
- Barasentosa Lestari - Indonesia
- Simpson Spence & Young - Indonesia
- European Bulk Services B.V. - Netherlands
- New Zealand Coal & Carbon
- Global Business Power Corporation, Philippines
- ASAPP Information Group - India
- Ceylon Electricity Board - Sri Lanka
- IEA Clean Coal Centre - UK
- TNB Fuel Sdn Bhd - Malaysia
- Altura Mining Limited, Indonesia
- Coal and Oil Company - UAE
- Savvy Resources Ltd - HongKong
- Rashtriya Ispat Nigam Limited - India
- Siam City Cement - Thailand
- Bayan Resources Tbk. - Indonesia
- GAC Shipping (India) Pvt Ltd
- Latin American Coal - Colombia
- VISA Power Limited - India
- SMC Global Power, Philippines
- Lanco Infratech Ltd - India
- Bharathi Cement Corporation - India
- Videocon Industries ltd - India
- Siam City Cement PLC, Thailand
- Formosa Plastics Group - Taiwan
- Ind-Barath Power Infra Limited - India
- Chamber of Mines of South Africa
- Standard Chartered Bank - UAE
- TeaM Sual Corporation - Philippines
- Electricity Generating Authority of Thailand
- Medco Energi Mining Internasional
- Independent Power Producers Association of India
- Marubeni Corporation - India
- Kartika Selabumi Mining - Indonesia
- Star Paper Mills Limited - India
- Alfred C Toepfer International GmbH - Germany
- Africa Commodities Group - South Africa
- AsiaOL BioFuels Corp., Philippines
- MS Steel International - UAE
- Trasteel International SA, Italy
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Toyota Tsusho Corporation, Japan
- Asmin Koalindo Tuhup - Indonesia
- The Treasury - Australian Government
- Indian Oil Corporation Limited
- Minerals Council of Australia
- Mercuria Energy - Indonesia
- Oldendorff Carriers - Singapore
- Bukit Baiduri Energy - Indonesia
- The State Trading Corporation of India Ltd
- Energy Development Corp, Philippines
- Bangladesh Power Developement Board
- Petron Corporation, Philippines
- Parry Sugars Refinery, India
- Sojitz Corporation - Japan
- Vedanta Resources Plc - India
- Borneo Indobara - Indonesia
- Indonesian Coal Mining Association
- Economic Council, Georgia
- Kalimantan Lumbung Energi - Indonesia
- PNOC Exploration Corporation - Philippines
- Baramulti Group, Indonesia
- Bhoruka Overseas - Indonesia
- Kapuas Tunggal Persada - Indonesia
- McConnell Dowell - Australia
- Coalindo Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Central Java Power - Indonesia
- Australian Coal Association
- Pipit Mutiara Jaya. PT, Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Jindal Steel & Power Ltd - India
- London Commodity Brokers - England
- Antam Resourcindo - Indonesia
- PowerSource Philippines DevCo
- Globalindo Alam Lestari - Indonesia
- Therma Luzon, Inc, Philippines
- PTC India Limited - India
- Directorate General of MIneral and Coal - Indonesia
- ICICI Bank Limited - India
- Krishnapatnam Port Company Ltd. - India
- Attock Cement Pakistan Limited
- Renaissance Capital - South Africa
- Maharashtra Electricity Regulatory Commission - India
- Australian Commodity Traders Exchange
- Indika Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mjunction Services Limited - India
- Vizag Seaport Private Limited - India
- Ministry of Finance - Indonesia
- Bukit Makmur.PT - Indonesia
- Deloitte Consulting - India
- Interocean Group of Companies - India
- Dalmia Cement Bharat India
- Sinarmas Energy and Mining - Indonesia
- Manunggal Multi Energi - Indonesia
- SMG Consultants - Indonesia
- Indian Energy Exchange, India
- Uttam Galva Steels Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Electricity Authority, New Zealand
- Iligan Light & Power Inc, Philippines
- Commonwealth Bank - Australia
- Eastern Energy - Thailand
- Kohat Cement Company Ltd. - Pakistan
- Intertek Mineral Services - Indonesia
- Cement Manufacturers Association - India
- Orica Mining Services - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Orica Australia Pty. Ltd.
- Ministry of Transport, Egypt
- Karbindo Abesyapradhi - Indoneisa
- Rio Tinto Coal - Australia
- Edison Trading Spa - Italy
- Billiton Holdings Pty Ltd - Australia
- Miang Besar Coal Terminal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Makarim & Taira - Indonesia
- Mintek Dendrill Indonesia
- Wood Mackenzie - Singapore
- Coastal Gujarat Power Limited - India
- Carbofer General Trading SA - India
- Kobexindo Tractors - Indoneisa
- Kumho Petrochemical, South Korea
- Gujarat Mineral Development Corp Ltd - India
- Directorate Of Revenue Intelligence - India
- Kaltim Prima Coal - Indonesia
- San Jose City I Power Corp, Philippines
- Salva Resources Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Central Electricity Authority - India
- Jaiprakash Power Ventures ltd
- Larsen & Toubro Limited - India
- Price Waterhouse Coopers - Russia
- Ministry of Mines - Canada
- Sical Logistics Limited - India
- Straits Asia Resources Limited - Singapore
- Semirara Mining and Power Corporation, Philippines
- Planning Commission, India
- Port Waratah Coal Services - Australia
- IHS Mccloskey Coal Group - USA
- Eastern Coal Council - USA
- Gujarat Electricity Regulatory Commission - India
- Jorong Barutama Greston.PT - Indonesia
- Indo Tambangraya Megah - Indonesia
- GMR Energy Limited - India
- Heidelberg Cement - Germany
- Parliament of New Zealand
- Ambuja Cements Ltd - India
- Binh Thuan Hamico - Vietnam
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Samtan Co., Ltd - South Korea
- Aditya Birla Group - India
- Energy Link Ltd, New Zealand
- Cigading International Bulk Terminal - Indonesia
- Banpu Public Company Limited - Thailand
- Thai Mozambique Logistica
- Singapore Mercantile Exchange
- Tamil Nadu electricity Board
- Meralco Power Generation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kepco SPC Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- CNBM International Corporation - China
- GVK Power & Infra Limited - India
- CIMB Investment Bank - Malaysia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- The University of Queensland
- Sakthi Sugars Limited - India
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