We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
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.
|
|
Sunday, 18 April 10
GOVT FORMS PANEL FOR RS 12,000-CR (US$ 2.711 BILLION) COAL INDIA IPO - ECONOMIC TIMES
Economic Times reported that, the government has formed an inter-ministerial panel to carry forward the proposed Rs 12,000-crore (US$ 2.711 billion) ...
Sunday, 18 April 10
THE FUTURES FOR THREE YEARS (2010-2012) FOR PANAMAX WAS AT AROUND US$ 21500 PER DAY - VISTAAR
COALspot.com: The BDI indices up by 3.30 pct and overall market continued to be firm except for India to Fareast.
“The cape index for the f ...
Saturday, 17 April 10
DRY BULK SHIPPING MARKET ANALYSIS - BIMCO
Strong Chinese steel market is set to cushion the flood of new Capesize vessels entering the dry bulk fleet Demand: The first quarter of 2010 saw up ...
Saturday, 17 April 10
DRY BULK MARKET EDGES HIGHER ON STRONGER DEMAND
The dry bulk market managed to inch higher by the end of the week as brokers indicated that stronger cargo demand pushed freight rates that much hig ...
Friday, 16 April 10
KRISHNAPATNAM PORT IS IRONING ITS WAY INTO RECORD BOOKS
COALspot.com: Krishnapatnam Port achieved a new benchmark by loading 60,021 MT of Iron Ore fines in just 24 hrs surpassing its previous record of 54 ...
|
|
|
Showing 5876 to 5880 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Bank of Tokyo Mitsubishi UFJ Ltd
- Lanco Infratech Ltd - India
- Independent Power Producers Association of India
- Sical Logistics Limited - India
- Ambuja Cements Ltd - India
- Global Green Power PLC Corporation, Philippines
- Vedanta Resources Plc - India
- Merrill Lynch Commodities Europe
- Singapore Mercantile Exchange
- Jorong Barutama Greston.PT - Indonesia
- Aditya Birla Group - India
- Minerals Council of Australia
- Georgia Ports Authority, United States
- Australian Commodity Traders Exchange
- Grasim Industreis Ltd - India
- Sarangani Energy Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Makarim & Taira - Indonesia
- Goldman Sachs - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Tata Chemicals Ltd - India
- Ministry of Transport, Egypt
- Coal and Oil Company - UAE
- Sinarmas Energy and Mining - Indonesia
- Australian Coal Association
- Chettinad Cement Corporation Ltd - India
- PTC India Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Meralco Power Generation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Xindia Steels Limited - India
- GAC Shipping (India) Pvt Ltd
- Asmin Koalindo Tuhup - Indonesia
- Kumho Petrochemical, South Korea
- Binh Thuan Hamico - Vietnam
- International Coal Ventures Pvt Ltd - India
- Mintek Dendrill Indonesia
- Africa Commodities Group - South Africa
- Directorate Of Revenue Intelligence - India
- Posco Energy - South Korea
- Gujarat Sidhee Cement - India
- Marubeni Corporation - India
- Thiess Contractors Indonesia
- ICICI Bank Limited - India
- Altura Mining Limited, Indonesia
- Latin American Coal - Colombia
- Kideco Jaya Agung - Indonesia
- LBH Netherlands Bv - Netherlands
- Bayan Resources Tbk. - Indonesia
- Bukit Baiduri Energy - Indonesia
- Bharathi Cement Corporation - India
- Kaltim Prima Coal - Indonesia
- Vizag Seaport Private Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Iligan Light & Power Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- Global Coal Blending Company Limited - Australia
- Attock Cement Pakistan Limited
- Meenaskhi Energy Private Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Chamber of Mines of South Africa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- White Energy Company Limited
- Bahari Cakrawala Sebuku - Indonesia
- Indian Oil Corporation Limited
- Borneo Indobara - Indonesia
- Bhatia International Limited - India
- Manunggal Multi Energi - Indonesia
- Rio Tinto Coal - Australia
- Semirara Mining Corp, Philippines
- SN Aboitiz Power Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- GMR Energy Limited - India
- Sakthi Sugars Limited - India
- London Commodity Brokers - England
- India Bulls Power Limited - India
- Price Waterhouse Coopers - Russia
- South Luzon Thermal Energy Corporation
- Wilmar Investment Holdings
- Coastal Gujarat Power Limited - India
- Electricity Authority, New Zealand
- Orica Mining Services - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Trasteel International SA, Italy
- Planning Commission, India
- GN Power Mariveles Coal Plant, Philippines
- Antam Resourcindo - Indonesia
- Essar Steel Hazira Ltd - India
- The State Trading Corporation of India Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Uttam Galva Steels Limited - India
- Maharashtra Electricity Regulatory Commission - India
- SMG Consultants - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Orica Australia Pty. Ltd.
- Wood Mackenzie - Singapore
- PNOC Exploration Corporation - Philippines
- The Treasury - Australian Government
- Semirara Mining and Power Corporation, Philippines
- IEA Clean Coal Centre - UK
- Samtan Co., Ltd - South Korea
- Vijayanagar Sugar Pvt Ltd - India
- Parry Sugars Refinery, India
- Formosa Plastics Group - Taiwan
- Power Finance Corporation Ltd., India
- Pendopo Energi Batubara - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Globalindo Alam Lestari - Indonesia
- Coalindo Energy - Indonesia
- Star Paper Mills Limited - India
- ASAPP Information Group - India
- Simpson Spence & Young - Indonesia
- Commonwealth Bank - Australia
- Petron Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Mercator Lines Limited - India
- CIMB Investment Bank - Malaysia
- Siam City Cement - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Economic Council, Georgia
- Riau Bara Harum - Indonesia
- Bulk Trading Sa - Switzerland
- Kartika Selabumi Mining - Indonesia
- Ind-Barath Power Infra Limited - India
- Indian Energy Exchange, India
- European Bulk Services B.V. - Netherlands
- Savvy Resources Ltd - HongKong
- Indo Tambangraya Megah - Indonesia
- Aboitiz Power Corporation - Philippines
- Standard Chartered Bank - UAE
- Banpu Public Company Limited - Thailand
- SMC Global Power, Philippines
- PowerSource Philippines DevCo
- Eastern Coal Council - USA
- Bhushan Steel Limited - India
- Medco Energi Mining Internasional
- Central Electricity Authority - India
- Jindal Steel & Power Ltd - India
- Intertek Mineral Services - Indonesia
- Toyota Tsusho Corporation, Japan
- Karbindo Abesyapradhi - Indoneisa
- Interocean Group of Companies - India
- Oldendorff Carriers - Singapore
- Bukit Makmur.PT - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Baramulti Group, Indonesia
- Deloitte Consulting - India
- GVK Power & Infra Limited - India
- San Jose City I Power Corp, Philippines
- Mercuria Energy - Indonesia
- VISA Power Limited - India
- Indika Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- Eastern Energy - Thailand
- Sree Jayajothi Cements Limited - India
- Straits Asia Resources Limited - Singapore
- Central Java Power - Indonesia
- Dalmia Cement Bharat India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kobexindo Tractors - Indoneisa
- Cement Manufacturers Association - India
- Videocon Industries ltd - India
- Renaissance Capital - South Africa
- PetroVietnam Power Coal Import and Supply Company
- Ceylon Electricity Board - Sri Lanka
- Cigading International Bulk Terminal - Indonesia
- IHS Mccloskey Coal Group - USA
- Metalloyd Limited - United Kingdom
- CNBM International Corporation - China
- Petrochimia International Co. Ltd.- Taiwan
- Offshore Bulk Terminal Pte Ltd, Singapore
- McConnell Dowell - Australia
- Sojitz Corporation - Japan
- Bangladesh Power Developement Board
- The University of Queensland
- Malabar Cements Ltd - India
- Siam City Cement PLC, Thailand
- Global Business Power Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Carbofer General Trading SA - India
- New Zealand Coal & Carbon
- Madhucon Powers Ltd - India
- Ministry of Finance - Indonesia
- Romanian Commodities Exchange
- Kalimantan Lumbung Energi - Indonesia
- Parliament of New Zealand
- Leighton Contractors Pty Ltd - Australia
- Thai Mozambique Logistica
- Maheswari Brothers Coal Limited - India
- Larsen & Toubro Limited - India
- Indogreen Group - Indonesia
- Mjunction Services Limited - India
- Ministry of Mines - Canada
- Edison Trading Spa - Italy
- MS Steel International - UAE
- Holcim Trading Pte Ltd - Singapore
- OPG Power Generation Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Heidelberg Cement - Germany
- Electricity Generating Authority of Thailand
- Therma Luzon, Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Agrawal Coal Company - India
- Timah Investasi Mineral - Indoneisa
- Tamil Nadu electricity Board
- Bhoruka Overseas - Indonesia
- Energy Development Corp, Philippines
- Energy Link Ltd, New Zealand
- Kapuas Tunggal Persada - Indonesia
- Port Waratah Coal Services - Australia
- Indonesian Coal Mining Association
- Anglo American - United Kingdom
- Miang Besar Coal Terminal - Indonesia
- TeaM Sual Corporation - Philippines
- Salva Resources Pvt Ltd - India
- Jaiprakash Power Ventures ltd
|
| |
| |
|
