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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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Saturday, 30 January 10
THE ECI / CHINA (S7) ROUTE SOFTENED BY $ 5,736 AND CLOSED AT $ 27,360 PER DAY - VISTAAR SHIPPING
COALspot.com (Singapore): The freight market continued to soften this week probably in anticipation of Chinese New year holidays.
BDI INDEX
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Saturday, 30 January 10
INDONESIA TO CONSTRUCT 93 POWER PLANTS IN 2ND PROJECT
The government has announced its list of 93 power plants to be built under the second 10,000-megawatt (MW) power generation scheme.
"With th ...
Saturday, 30 January 10
COAL FIRMS TO KEEP NATION IN THE BLACK
Some Indonesian coal mining companies on Friday pledged to allocate a greater share of their production this year to meet domestic market obligation ...
Friday, 29 January 10
INDIA STEAM COAL IMPORTS TO DOUBLE, BOOST SOUTH AFRICA
* SAfrica seen shipping 75 pct of its coal to Asia in 2010
* Logistics woes hamper SAfrica exports, India imports
India's steam coal imports ar ...
Thursday, 28 January 10
THE IRON ORE EXPORTS FROM INDIA TO CHINA ARE DOWN AND THE RATES DROPPED
HANDY
The BSI has continued its downward trend confirming the softening of the Atlantic since the previous week and reflecting a correction of the ...
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- SN Aboitiz Power Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Pipit Mutiara Jaya. PT, Indonesia
- Thai Mozambique Logistica
- Straits Asia Resources Limited - Singapore
- Siam City Cement - Thailand
- Cement Manufacturers Association - India
- PowerSource Philippines DevCo
- Indian Oil Corporation Limited
- OPG Power Generation Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Billiton Holdings Pty Ltd - Australia
- Global Business Power Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Cigading International Bulk Terminal - Indonesia
- New Zealand Coal & Carbon
- Australian Commodity Traders Exchange
- Globalindo Alam Lestari - Indonesia
- Latin American Coal - Colombia
- Bukit Asam (Persero) Tbk - Indonesia
- Metalloyd Limited - United Kingdom
- PTC India Limited - India
- Altura Mining Limited, Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Essar Steel Hazira Ltd - India
- TeaM Sual Corporation - Philippines
- IEA Clean Coal Centre - UK
- Eastern Energy - Thailand
- IHS Mccloskey Coal Group - USA
- Karaikal Port Pvt Ltd - India
- Petron Corporation, Philippines
- McConnell Dowell - Australia
- Africa Commodities Group - South Africa
- The State Trading Corporation of India Ltd
- Bhoruka Overseas - Indonesia
- Gujarat Sidhee Cement - India
- Electricity Generating Authority of Thailand
- Agrawal Coal Company - India
- Star Paper Mills Limited - India
- Holcim Trading Pte Ltd - Singapore
- International Coal Ventures Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Sakthi Sugars Limited - India
- Oldendorff Carriers - Singapore
- South Luzon Thermal Energy Corporation
- Samtan Co., Ltd - South Korea
- Karbindo Abesyapradhi - Indoneisa
- Central Electricity Authority - India
- Sinarmas Energy and Mining - Indonesia
- Directorate Of Revenue Intelligence - India
- Mercator Lines Limited - India
- Vizag Seaport Private Limited - India
- Toyota Tsusho Corporation, Japan
- Krishnapatnam Port Company Ltd. - India
- PetroVietnam Power Coal Import and Supply Company
- Larsen & Toubro Limited - India
- Rio Tinto Coal - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Romanian Commodities Exchange
- SMG Consultants - Indonesia
- Jaiprakash Power Ventures ltd
- Indonesian Coal Mining Association
- Sojitz Corporation - Japan
- Coalindo Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Commonwealth Bank - Australia
- Energy Development Corp, Philippines
- Trasteel International SA, Italy
- Goldman Sachs - Singapore
- Therma Luzon, Inc, Philippines
- Dalmia Cement Bharat India
- Meralco Power Generation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Borneo Indobara - Indonesia
- The Treasury - Australian Government
- Thiess Contractors Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Timah Investasi Mineral - Indoneisa
- Siam City Cement PLC, Thailand
- Xindia Steels Limited - India
- Ceylon Electricity Board - Sri Lanka
- Rashtriya Ispat Nigam Limited - India
- Bhushan Steel Limited - India
- Riau Bara Harum - Indonesia
- ASAPP Information Group - India
- Ambuja Cements Ltd - India
- VISA Power Limited - India
- Electricity Authority, New Zealand
- Australian Coal Association
- Carbofer General Trading SA - India
- Ministry of Transport, Egypt
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Leighton Contractors Pty Ltd - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indian Energy Exchange, India
- Mintek Dendrill Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Barasentosa Lestari - Indonesia
- Aboitiz Power Corporation - Philippines
- Port Waratah Coal Services - Australia
- Sindya Power Generating Company Private Ltd
- Minerals Council of Australia
- Banpu Public Company Limited - Thailand
- MS Steel International - UAE
- Kepco SPC Power Corporation, Philippines
- Parry Sugars Refinery, India
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Lanco Infratech Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Mercuria Energy - Indonesia
- Price Waterhouse Coopers - Russia
- Chamber of Mines of South Africa
- Kobexindo Tractors - Indoneisa
- AsiaOL BioFuels Corp., Philippines
- Baramulti Group, Indonesia
- Ministry of Mines - Canada
- Malabar Cements Ltd - India
- SMC Global Power, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Wood Mackenzie - Singapore
- Georgia Ports Authority, United States
- India Bulls Power Limited - India
- GMR Energy Limited - India
- Global Coal Blending Company Limited - Australia
- Bharathi Cement Corporation - India
- Jindal Steel & Power Ltd - India
- Ind-Barath Power Infra Limited - India
- Energy Link Ltd, New Zealand
- Orica Australia Pty. Ltd.
- Standard Chartered Bank - UAE
- Orica Mining Services - Indonesia
- Uttam Galva Steels Limited - India
- Pendopo Energi Batubara - Indonesia
- Manunggal Multi Energi - Indonesia
- Kartika Selabumi Mining - Indonesia
- Chettinad Cement Corporation Ltd - India
- Planning Commission, India
- Deloitte Consulting - India
- Binh Thuan Hamico - Vietnam
- Parliament of New Zealand
- Tata Chemicals Ltd - India
- ICICI Bank Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Makarim & Taira - Indonesia
- London Commodity Brokers - England
- White Energy Company Limited
- Kideco Jaya Agung - Indonesia
- CNBM International Corporation - China
- Semirara Mining Corp, Philippines
- San Jose City I Power Corp, Philippines
- Bangladesh Power Developement Board
- Singapore Mercantile Exchange
- Salva Resources Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- European Bulk Services B.V. - Netherlands
- Intertek Mineral Services - Indonesia
- Global Green Power PLC Corporation, Philippines
- Interocean Group of Companies - India
- TNB Fuel Sdn Bhd - Malaysia
- Mjunction Services Limited - India
- Madhucon Powers Ltd - India
- Merrill Lynch Commodities Europe
- Sical Logistics Limited - India
- Vedanta Resources Plc - India
- Kaltim Prima Coal - Indonesia
- Sarangani Energy Corporation, Philippines
- Grasim Industreis Ltd - India
- Bulk Trading Sa - Switzerland
- Bhatia International Limited - India
- Indika Energy - Indonesia
- Savvy Resources Ltd - HongKong
- Indo Tambangraya Megah - Indonesia
- Ministry of Finance - Indonesia
- Marubeni Corporation - India
- Bukit Baiduri Energy - Indonesia
- Independent Power Producers Association of India
- Meenaskhi Energy Private Limited - India
- Indogreen Group - Indonesia
- The University of Queensland
- LBH Netherlands Bv - Netherlands
- Coastal Gujarat Power Limited - India
- Attock Cement Pakistan Limited
- Aditya Birla Group - India
- Tamil Nadu electricity Board
- Edison Trading Spa - Italy
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GVK Power & Infra Limited - India
- Medco Energi Mining Internasional
- Bayan Resources Tbk. - Indonesia
- Iligan Light & Power Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Renaissance Capital - South Africa
- Heidelberg Cement - Germany
- Power Finance Corporation Ltd., India
- Wilmar Investment Holdings
- Maheswari Brothers Coal Limited - India
- Eastern Coal Council - USA
- PNOC Exploration Corporation - Philippines
- Central Java Power - Indonesia
- Videocon Industries ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Anglo American - United Kingdom
- Economic Council, Georgia
- Bahari Cakrawala Sebuku - Indonesia
- Posco Energy - South Korea
- Coal and Oil Company - UAE
- Kumho Petrochemical, South Korea
- GAC Shipping (India) Pvt Ltd
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