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.
|
|
Monday, 08 February 10
BLACK RIDGE MINING APPOINTS INDEPENDENT CONSULTANT
Australian-listed Black Ridge Mining has announced the appointment of David Tuit as an independent consultant to assist with the assessment of the c ...
Monday, 08 February 10
SOUTH AFRICAN EXPORT COAL RISES FOR FIRST TIME IN FOUR WEEKS
Prices for coal shipped from South Africa’s Richards Bay, the continent’s biggest export facility for the fuel, posted their first gain ...
Monday, 08 February 10
NTPC HOPES TO START ON 500-MW PROJECT IN SRI LANKA BY FEB-END
NTPC sources told Business Standard, “All formalities from our government and NTPC have been completed.
The opinion of the Sri Lankan atto ...
Sunday, 07 February 10
AN AUSTRALIAN FIRM HAS SIGNED A $60BN DEAL TO SUPPLY COAL TO CHINESE POWER STATIONS
Clive Palmer, chairman of the company, Resourcehouse, said it was Australia's "biggest ever export contract".
Under the deal, the firm ...
Saturday, 06 February 10
FREIGHT WOULD CONTINUE TO BE SOFT NEXT WEEK - VISTAAR SHIPPING
COALspot.com (Singapore): The freight market continued to soften this week including the stock markets. The main reason seems to be Chinese ne ...
|
|
|
Showing 6016 to 6020 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Coal and Oil Company - UAE
- Formosa Plastics Group - Taiwan
- Lanco Infratech Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Indian Energy Exchange, India
- Oldendorff Carriers - Singapore
- Maheswari Brothers Coal Limited - India
- India Bulls Power Limited - India
- GAC Shipping (India) Pvt Ltd
- Sindya Power Generating Company Private Ltd
- Heidelberg Cement - Germany
- Star Paper Mills Limited - India
- Gujarat Sidhee Cement - India
- Sree Jayajothi Cements Limited - India
- Leighton Contractors Pty Ltd - Australia
- Port Waratah Coal Services - Australia
- Holcim Trading Pte Ltd - Singapore
- Manunggal Multi Energi - Indonesia
- Siam City Cement - Thailand
- Kartika Selabumi Mining - Indonesia
- Semirara Mining Corp, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Petron Corporation, Philippines
- Marubeni Corporation - India
- Medco Energi Mining Internasional
- SMG Consultants - Indonesia
- Electricity Authority, New Zealand
- Tamil Nadu electricity Board
- Indogreen Group - Indonesia
- Ind-Barath Power Infra Limited - India
- Uttam Galva Steels Limited - India
- VISA Power Limited - India
- Eastern Energy - Thailand
- Borneo Indobara - Indonesia
- CNBM International Corporation - China
- Bukit Baiduri Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Xindia Steels Limited - India
- ICICI Bank Limited - India
- Iligan Light & Power Inc, Philippines
- Grasim Industreis Ltd - India
- Essar Steel Hazira Ltd - India
- Parry Sugars Refinery, India
- Central Electricity Authority - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Binh Thuan Hamico - Vietnam
- The Treasury - Australian Government
- Wood Mackenzie - Singapore
- Mercuria Energy - Indonesia
- Vizag Seaport Private Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Meenaskhi Energy Private Limited - India
- Neyveli Lignite Corporation Ltd, - India
- PetroVietnam Power Coal Import and Supply Company
- Aditya Birla Group - India
- Pendopo Energi Batubara - Indonesia
- Chettinad Cement Corporation Ltd - India
- Globalindo Alam Lestari - Indonesia
- LBH Netherlands Bv - Netherlands
- Ministry of Finance - Indonesia
- Timah Investasi Mineral - Indoneisa
- Thai Mozambique Logistica
- Dalmia Cement Bharat India
- Gujarat Mineral Development Corp Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Bayan Resources Tbk. - Indonesia
- Aboitiz Power Corporation - Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Siam City Cement PLC, Thailand
- Antam Resourcindo - Indonesia
- Karaikal Port Pvt Ltd - India
- Cement Manufacturers Association - India
- Mjunction Services Limited - India
- The State Trading Corporation of India Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- European Bulk Services B.V. - Netherlands
- Cigading International Bulk Terminal - Indonesia
- Savvy Resources Ltd - HongKong
- Metalloyd Limited - United Kingdom
- Petrochimia International Co. Ltd.- Taiwan
- Romanian Commodities Exchange
- Georgia Ports Authority, United States
- Agrawal Coal Company - India
- Therma Luzon, Inc, Philippines
- Planning Commission, India
- Central Java Power - Indonesia
- GVK Power & Infra Limited - India
- London Commodity Brokers - England
- GMR Energy Limited - India
- Tata Chemicals Ltd - India
- Sojitz Corporation - Japan
- Anglo American - United Kingdom
- Asmin Koalindo Tuhup - Indonesia
- Parliament of New Zealand
- IEA Clean Coal Centre - UK
- Trasteel International SA, Italy
- Minerals Council of Australia
- Banpu Public Company Limited - Thailand
- Larsen & Toubro Limited - India
- Sakthi Sugars Limited - India
- Chamber of Mines of South Africa
- Australian Commodity Traders Exchange
- Merrill Lynch Commodities Europe
- Interocean Group of Companies - India
- Videocon Industries ltd - India
- McConnell Dowell - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Goldman Sachs - Singapore
- Gujarat Electricity Regulatory Commission - India
- Rio Tinto Coal - Australia
- Sarangani Energy Corporation, Philippines
- Independent Power Producers Association of India
- AsiaOL BioFuels Corp., Philippines
- Kumho Petrochemical, South Korea
- Barasentosa Lestari - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- SMC Global Power, Philippines
- Mintek Dendrill Indonesia
- Altura Mining Limited, Indonesia
- Commonwealth Bank - Australia
- Carbofer General Trading SA - India
- IHS Mccloskey Coal Group - USA
- Wilmar Investment Holdings
- New Zealand Coal & Carbon
- Bhoruka Overseas - Indonesia
- Energy Link Ltd, New Zealand
- Indo Tambangraya Megah - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Riau Bara Harum - Indonesia
- Straits Asia Resources Limited - Singapore
- Makarim & Taira - Indonesia
- Economic Council, Georgia
- Salva Resources Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- ASAPP Information Group - India
- Orica Mining Services - Indonesia
- Africa Commodities Group - South Africa
- Latin American Coal - Colombia
- White Energy Company Limited
- Eastern Coal Council - USA
- Bhatia International Limited - India
- Kepco SPC Power Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Coastal Gujarat Power Limited - India
- Jindal Steel & Power Ltd - India
- Kideco Jaya Agung - Indonesia
- Simpson Spence & Young - Indonesia
- Ministry of Transport, Egypt
- Bukit Makmur.PT - Indonesia
- Directorate Of Revenue Intelligence - India
- Samtan Co., Ltd - South Korea
- The University of Queensland
- Orica Australia Pty. Ltd.
- Energy Development Corp, Philippines
- Indonesian Coal Mining Association
- Bangladesh Power Developement Board
- PTC India Limited - India
- International Coal Ventures Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Krishnapatnam Port Company Ltd. - India
- Miang Besar Coal Terminal - Indonesia
- Sical Logistics Limited - India
- Vedanta Resources Plc - India
- San Jose City I Power Corp, Philippines
- Edison Trading Spa - Italy
- Global Green Power PLC Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Renaissance Capital - South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sinarmas Energy and Mining - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Electricity Generating Authority of Thailand
- Baramulti Group, Indonesia
- Meralco Power Generation, Philippines
- Global Business Power Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Coalindo Energy - Indonesia
- Power Finance Corporation Ltd., India
- Semirara Mining and Power Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Bhushan Steel Limited - India
- Ministry of Mines - Canada
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Thiess Contractors Indonesia
- Indian Oil Corporation Limited
- Standard Chartered Bank - UAE
- PowerSource Philippines DevCo
- Rashtriya Ispat Nigam Limited - India
- Mercator Lines Limited - India
- Singapore Mercantile Exchange
- TNB Fuel Sdn Bhd - Malaysia
- MS Steel International - UAE
- Bharathi Cement Corporation - India
- Kaltim Prima Coal - Indonesia
- Global Coal Blending Company Limited - Australia
- CIMB Investment Bank - Malaysia
- Toyota Tsusho Corporation, Japan
- Posco Energy - South Korea
- TeaM Sual Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- Kobexindo Tractors - Indoneisa
- GN Power Mariveles Coal Plant, Philippines
- Australian Coal Association
- Attock Cement Pakistan Limited
- Madhucon Powers Ltd - India
- Malabar Cements Ltd - India
- Ambuja Cements Ltd - India
- Deloitte Consulting - India
- SN Aboitiz Power Inc, Philippines
- Price Waterhouse Coopers - Russia
- Billiton Holdings Pty Ltd - Australia
- Indika Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kalimantan Lumbung Energi - Indonesia
|
| |
| |
|
