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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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Monday, 15 February 10
INDONESIA IN TALKS TO RESOLVE BANPU MINE CLOSURE
Indonesia is seeking to resolve a land permiting problem resulting in the closure of a coal mine in Kalimantan operated by a unit of Thailand's top ...
Monday, 15 February 10
PVT ENTRY IN COAL MINING TO BE DELAYED
Entry of private players in coal mining will be delayed. Contrary to expectations, the coal ministry will not move in the Budget session a bill that ...
Sunday, 14 February 10
NEWCASTLE STEAM COAL TRADES AT US$ 91 TO US$ 92
Reuters reported that prompt cargo prices for coal delivered into Europe were largely unchanged recently after a day of subdued trading.
European ...
Saturday, 13 February 10
THE FREIGHT MARKET CONTINUED TO BE WEAK THIS WEEK - CAPT. REDDY
COALspot.com (Singapore): The freight market continued to be weak this week. There have been quite a few spot vessels open Far east and have been fo ...
Saturday, 13 February 10
INDONESIA ISSUES NEW MINING REGULATIONS
Indonesia has issued two new regulations under its mining law to allow firms to start obtaining mining permits, in a move that should increase certa ...
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- South Luzon Thermal Energy Corporation
- Power Finance Corporation Ltd., India
- Grasim Industreis Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Romanian Commodities Exchange
- Cement Manufacturers Association - India
- Madhucon Powers Ltd - India
- Independent Power Producers Association of India
- SMC Global Power, Philippines
- Minerals Council of Australia
- Global Coal Blending Company Limited - Australia
- Edison Trading Spa - Italy
- Indo Tambangraya Megah - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Posco Energy - South Korea
- AsiaOL BioFuels Corp., Philippines
- Indian Oil Corporation Limited
- Antam Resourcindo - Indonesia
- Sojitz Corporation - Japan
- Indonesian Coal Mining Association
- GAC Shipping (India) Pvt Ltd
- Simpson Spence & Young - Indonesia
- Savvy Resources Ltd - HongKong
- Salva Resources Pvt Ltd - India
- Marubeni Corporation - India
- GVK Power & Infra Limited - India
- Toyota Tsusho Corporation, Japan
- Eastern Energy - Thailand
- LBH Netherlands Bv - Netherlands
- Semirara Mining and Power Corporation, Philippines
- Semirara Mining Corp, Philippines
- India Bulls Power Limited - India
- Bulk Trading Sa - Switzerland
- Mjunction Services Limited - India
- San Jose City I Power Corp, Philippines
- Oldendorff Carriers - Singapore
- IEA Clean Coal Centre - UK
- TNB Fuel Sdn Bhd - Malaysia
- Mercuria Energy - Indonesia
- New Zealand Coal & Carbon
- Vijayanagar Sugar Pvt Ltd - India
- CNBM International Corporation - China
- Kaltim Prima Coal - Indonesia
- VISA Power Limited - India
- Chettinad Cement Corporation Ltd - India
- Port Waratah Coal Services - Australia
- Wood Mackenzie - Singapore
- Chamber of Mines of South Africa
- Vedanta Resources Plc - India
- Gujarat Sidhee Cement - India
- Jorong Barutama Greston.PT - Indonesia
- Samtan Co., Ltd - South Korea
- Ceylon Electricity Board - Sri Lanka
- Coalindo Energy - Indonesia
- Ambuja Cements Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Electricity Authority, New Zealand
- Price Waterhouse Coopers - Russia
- McConnell Dowell - Australia
- Central Java Power - Indonesia
- Jindal Steel & Power Ltd - India
- Riau Bara Harum - Indonesia
- Straits Asia Resources Limited - Singapore
- Meenaskhi Energy Private Limited - India
- Altura Mining Limited, Indonesia
- Agrawal Coal Company - India
- Australian Commodity Traders Exchange
- Sical Logistics Limited - India
- Interocean Group of Companies - India
- Bhatia International Limited - India
- Global Green Power PLC Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Bhushan Steel Limited - India
- The Treasury - Australian Government
- Global Business Power Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Wilmar Investment Holdings
- Parry Sugars Refinery, India
- Ind-Barath Power Infra Limited - India
- Maharashtra Electricity Regulatory Commission - India
- The State Trading Corporation of India Ltd
- Iligan Light & Power Inc, Philippines
- Lanco Infratech Ltd - India
- Carbofer General Trading SA - India
- Bayan Resources Tbk. - Indonesia
- Tata Chemicals Ltd - India
- Thiess Contractors Indonesia
- Indian Energy Exchange, India
- Central Electricity Authority - India
- Kalimantan Lumbung Energi - Indonesia
- Coal and Oil Company - UAE
- Siam City Cement PLC, Thailand
- Singapore Mercantile Exchange
- Mercator Lines Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Sakthi Sugars Limited - India
- Standard Chartered Bank - UAE
- Planning Commission, India
- Gujarat Mineral Development Corp Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Orica Australia Pty. Ltd.
- Larsen & Toubro Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Deloitte Consulting - India
- ICICI Bank Limited - India
- Heidelberg Cement - Germany
- Xindia Steels Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Siam City Cement - Thailand
- Bukit Baiduri Energy - Indonesia
- Tamil Nadu electricity Board
- Maheswari Brothers Coal Limited - India
- Coastal Gujarat Power Limited - India
- Globalindo Alam Lestari - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Aboitiz Power Corporation - Philippines
- Commonwealth Bank - Australia
- PowerSource Philippines DevCo
- MS Steel International - UAE
- Directorate Of Revenue Intelligence - India
- Binh Thuan Hamico - Vietnam
- Karaikal Port Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Bangladesh Power Developement Board
- Banpu Public Company Limited - Thailand
- The University of Queensland
- Eastern Coal Council - USA
- Orica Mining Services - Indonesia
- Bharathi Cement Corporation - India
- OPG Power Generation Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Latin American Coal - Colombia
- Pipit Mutiara Jaya. PT, Indonesia
- Rashtriya Ispat Nigam Limited - India
- Georgia Ports Authority, United States
- Offshore Bulk Terminal Pte Ltd, Singapore
- Dalmia Cement Bharat India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Trasteel International SA, Italy
- ASAPP Information Group - India
- Gujarat Electricity Regulatory Commission - India
- Kumho Petrochemical, South Korea
- International Coal Ventures Pvt Ltd - India
- GMR Energy Limited - India
- Medco Energi Mining Internasional
- Kepco SPC Power Corporation, Philippines
- Merrill Lynch Commodities Europe
- SMG Consultants - Indonesia
- Mintek Dendrill Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Ministry of Finance - Indonesia
- Economic Council, Georgia
- Sinarmas Energy and Mining - Indonesia
- Sindya Power Generating Company Private Ltd
- Formosa Plastics Group - Taiwan
- Malabar Cements Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Vizag Seaport Private Limited - India
- Kideco Jaya Agung - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- White Energy Company Limited
- Indika Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- Africa Commodities Group - South Africa
- Ministry of Transport, Egypt
- Electricity Generating Authority of Thailand
- Billiton Holdings Pty Ltd - Australia
- Australian Coal Association
- Energy Development Corp, Philippines
- PTC India Limited - India
- Energy Link Ltd, New Zealand
- London Commodity Brokers - England
- Videocon Industries ltd - India
- Meralco Power Generation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Sree Jayajothi Cements Limited - India
- Borneo Indobara - Indonesia
- Therma Luzon, Inc, Philippines
- Intertek Mineral Services - Indonesia
- Barasentosa Lestari - Indonesia
- Uttam Galva Steels Limited - India
- Aditya Birla Group - India
- Kapuas Tunggal Persada - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Ministry of Mines - Canada
- Makarim & Taira - Indonesia
- CIMB Investment Bank - Malaysia
- Holcim Trading Pte Ltd - Singapore
- Essar Steel Hazira Ltd - India
- Goldman Sachs - Singapore
- TeaM Sual Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Anglo American - United Kingdom
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Rio Tinto Coal - Australia
- Renaissance Capital - South Africa
- Timah Investasi Mineral - Indoneisa
- European Bulk Services B.V. - Netherlands
- Petron Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Indogreen Group - Indonesia
- Parliament of New Zealand
- Pendopo Energi Batubara - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Star Paper Mills Limited - India
- Baramulti Group, Indonesia
- Thai Mozambique Logistica
- Sarangani Energy Corporation, Philippines
- Jaiprakash Power Ventures ltd
- PNOC Exploration Corporation - Philippines
- Attock Cement Pakistan Limited
- Directorate General of MIneral and Coal - Indonesia
- Kobexindo Tractors - Indoneisa
- Metalloyd Limited - United Kingdom
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