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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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Thursday, 28 January 10
COAL - VIETNAM / TRADE
Vietnam expects to turn into a coal importer within three years, spurred by an industrial boom and rising power consumption, a senior executive with ...
Thursday, 28 January 10
JAPAN STEELMAKERS OPPOSE QUARTERLY COAL CONTRACTS
Japanese steelmakers oppose miner BHP Billiton's attempt to switch to quarterly contracts from annual deals for supplying coal, as the change would ...
Thursday, 28 January 10
BHP MAY SELL 25% STAKE IN INDONESIAN COAL PROJECT
BHP Billiton Ltd. plans to sell only a 25 percent stake in a coal project in Indonesia as it wants to retain control of the asset, said Indra Dianna ...
Thursday, 28 January 10
TRANSNET ASPIRES TO 81MT/Y COAL EXPORT CAPACITY
South African State-owned rail transport enterprise Transnet wants to increase coal-line rail capacity to 81-million tons a year as part of its Quan ...
Wednesday, 27 January 10
ASIA'S 2010 STEAM COAL IMPORTS TO REACH 460 MLN T
* China to import up to 100 mln T of steam coal in 2010
* China, India seen investing in southern Africa assets
Asian imports of steam coal will ...
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- Thai Mozambique Logistica
- Wood Mackenzie - Singapore
- Xindia Steels Limited - India
- Chamber of Mines of South Africa
- Makarim & Taira - Indonesia
- Orica Australia Pty. Ltd.
- Romanian Commodities Exchange
- Aboitiz Power Corporation - Philippines
- Semirara Mining Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- GN Power Mariveles Coal Plant, Philippines
- Mintek Dendrill Indonesia
- IHS Mccloskey Coal Group - USA
- Meralco Power Generation, Philippines
- ICICI Bank Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Larsen & Toubro Limited - India
- Australian Commodity Traders Exchange
- Tamil Nadu electricity Board
- Simpson Spence & Young - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Pendopo Energi Batubara - Indonesia
- Jindal Steel & Power Ltd - India
- San Jose City I Power Corp, Philippines
- CNBM International Corporation - China
- Rashtriya Ispat Nigam Limited - India
- Sakthi Sugars Limited - India
- Sarangani Energy Corporation, Philippines
- Grasim Industreis Ltd - India
- CIMB Investment Bank - Malaysia
- Wilmar Investment Holdings
- London Commodity Brokers - England
- Toyota Tsusho Corporation, Japan
- Independent Power Producers Association of India
- Chettinad Cement Corporation Ltd - India
- Baramulti Group, Indonesia
- Rio Tinto Coal - Australia
- Port Waratah Coal Services - Australia
- Kaltim Prima Coal - Indonesia
- GVK Power & Infra Limited - India
- Therma Luzon, Inc, Philippines
- Parry Sugars Refinery, India
- Sindya Power Generating Company Private Ltd
- Bharathi Cement Corporation - India
- Borneo Indobara - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Siam City Cement PLC, Thailand
- South Luzon Thermal Energy Corporation
- Leighton Contractors Pty Ltd - Australia
- Goldman Sachs - Singapore
- Kepco SPC Power Corporation, Philippines
- The Treasury - Australian Government
- Ministry of Finance - Indonesia
- Star Paper Mills Limited - India
- Price Waterhouse Coopers - Russia
- Posco Energy - South Korea
- Africa Commodities Group - South Africa
- Kumho Petrochemical, South Korea
- Indonesian Coal Mining Association
- European Bulk Services B.V. - Netherlands
- Aditya Birla Group - India
- Timah Investasi Mineral - Indoneisa
- Ministry of Transport, Egypt
- New Zealand Coal & Carbon
- Kartika Selabumi Mining - Indonesia
- Merrill Lynch Commodities Europe
- Heidelberg Cement - Germany
- Karbindo Abesyapradhi - Indoneisa
- Malabar Cements Ltd - India
- VISA Power Limited - India
- Eastern Coal Council - USA
- Indian Oil Corporation Limited
- Thiess Contractors Indonesia
- International Coal Ventures Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Planning Commission, India
- Intertek Mineral Services - Indonesia
- Metalloyd Limited - United Kingdom
- Vizag Seaport Private Limited - India
- Riau Bara Harum - Indonesia
- Binh Thuan Hamico - Vietnam
- Iligan Light & Power Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Power Finance Corporation Ltd., India
- Edison Trading Spa - Italy
- MS Steel International - UAE
- Miang Besar Coal Terminal - Indonesia
- Latin American Coal - Colombia
- Vijayanagar Sugar Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- AsiaOL BioFuels Corp., Philippines
- Gujarat Sidhee Cement - India
- Mercator Lines Limited - India
- Tata Chemicals Ltd - India
- The State Trading Corporation of India Ltd
- Eastern Energy - Thailand
- Semirara Mining and Power Corporation, Philippines
- Interocean Group of Companies - India
- Bukit Baiduri Energy - Indonesia
- Cement Manufacturers Association - India
- Bangladesh Power Developement Board
- Billiton Holdings Pty Ltd - Australia
- Bhatia International Limited - India
- Agrawal Coal Company - India
- Electricity Generating Authority of Thailand
- Bhushan Steel Limited - India
- Medco Energi Mining Internasional
- PowerSource Philippines DevCo
- Electricity Authority, New Zealand
- Global Green Power PLC Corporation, Philippines
- Siam City Cement - Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Kobexindo Tractors - Indoneisa
- Antam Resourcindo - Indonesia
- Formosa Plastics Group - Taiwan
- Neyveli Lignite Corporation Ltd, - India
- Energy Development Corp, Philippines
- Lanco Infratech Ltd - India
- Indogreen Group - Indonesia
- Mjunction Services Limited - India
- Orica Mining Services - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Jorong Barutama Greston.PT - Indonesia
- Essar Steel Hazira Ltd - India
- Indian Energy Exchange, India
- Bahari Cakrawala Sebuku - Indonesia
- Maheswari Brothers Coal Limited - India
- SMC Global Power, Philippines
- Samtan Co., Ltd - South Korea
- Bayan Resources Tbk. - Indonesia
- Indika Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- SMG Consultants - Indonesia
- Bulk Trading Sa - Switzerland
- Globalindo Alam Lestari - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Deloitte Consulting - India
- McConnell Dowell - Australia
- Global Coal Blending Company Limited - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Economic Council, Georgia
- Ambuja Cements Ltd - India
- LBH Netherlands Bv - Netherlands
- Kalimantan Lumbung Energi - Indonesia
- India Bulls Power Limited - India
- Central Java Power - Indonesia
- The University of Queensland
- White Energy Company Limited
- Marubeni Corporation - India
- Mercuria Energy - Indonesia
- Georgia Ports Authority, United States
- ASAPP Information Group - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Energy Link Ltd, New Zealand
- Banpu Public Company Limited - Thailand
- Central Electricity Authority - India
- Petron Corporation, Philippines
- PTC India Limited - India
- Indo Tambangraya Megah - Indonesia
- Carbofer General Trading SA - India
- Videocon Industries ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Oldendorff Carriers - Singapore
- SN Aboitiz Power Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Bhoruka Overseas - Indonesia
- Australian Coal Association
- Parliament of New Zealand
- Uttam Galva Steels Limited - India
- Standard Chartered Bank - UAE
- Gujarat Electricity Regulatory Commission - India
- Jaiprakash Power Ventures ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coalindo Energy - Indonesia
- Madhucon Powers Ltd - India
- Sree Jayajothi Cements Limited - India
- Vedanta Resources Plc - India
- Straits Asia Resources Limited - Singapore
- Directorate Of Revenue Intelligence - India
- Alfred C Toepfer International GmbH - Germany
- Coastal Gujarat Power Limited - India
- GMR Energy Limited - India
- Kapuas Tunggal Persada - Indonesia
- Anglo American - United Kingdom
- Kideco Jaya Agung - Indonesia
- OPG Power Generation Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Coal and Oil Company - UAE
- Bukit Makmur.PT - Indonesia
- Altura Mining Limited, Indonesia
- Renaissance Capital - South Africa
- PNOC Exploration Corporation - Philippines
- Ministry of Mines - Canada
- Trasteel International SA, Italy
- IEA Clean Coal Centre - UK
- Manunggal Multi Energi - Indonesia
- Commonwealth Bank - Australia
- Sical Logistics Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Savvy Resources Ltd - HongKong
- Singapore Mercantile Exchange
- Attock Cement Pakistan Limited
- Sojitz Corporation - Japan
- Dalmia Cement Bharat India
- GAC Shipping (India) Pvt Ltd
- Global Business Power Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Meenaskhi Energy Private Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Minerals Council of Australia
- Barasentosa Lestari - Indonesia
- Ind-Barath Power Infra Limited - India
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