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Wednesday, 02 June 10
PLN TO DEVOUR 133 PERCENT MORE COAL IN NEXT FIVE YEARS
 The Jakarta globe reported that, State electricity company PT Perusahaan Listrik Negara will more than double the amount of coal it uses over the next five years, despite a push for cleaner fuel in Indonesia and across the globe.
PLN’s director of primary energy, Nur Pamudji, said on Monday that the utility expected coal consumption to rise 133 percent during that period, from 40.8 million metric tons this year to 95 million tons by 2014, as it scrambled to add generating capacity to meet surging demand.
Nur said PLN was aware of the need to reduce carbon emissions to slow global warming, but cited coal’s cheaper cost compared with oil and natural gas, as well as its abundance in Indonesia.
The cost of generating a kilowatt-hour of electricity through coal is 5 to 6 cents, while it is at least 8 cents for natural gas and $1 for diesel.
National coal production was expected to reach 270 million tons this year, up 6 percent from 2009, Bambang Setiawan, director general of coal and mineral resources at the Energy Ministry, told the Coaltrans conference in Bali on Monday, Reuters reported.
Last year about 70 percent of production was exported.
Last year PLN spent Rp 18 trillion ($1.96 billion on coal, and it expects to spend Rp 30 trillion this year.
The rise in coal consumption marks a strategic push to reduce generating costs as PLN, which has been mired in red ink for years, struggles to build generating capacity.
Indonesian Greenpeace representative Nur Hidayati criticized PLN’s plan as being out of step with even the government’s own emission-reduction targets.
“In fact, this would generate higher carbon emissions. This is not in line with the president’s commitment last year to reduce emissions by 26 percent to 41 percent,” Nur said.
“Also this would collide with the recent forest moratorium in Oslo. The forests are in danger of being converted to coal mines.”
The first phase of the “fast-track” generating program will see an extra 10,000 megawatts of capacity added by 2013, mostly through coal-fired plants. The second phase, which will shift away from coal, is intended to add a further 10,000 MW of capacity by 2013 or 2014.
PLN president director Dahlan Iskan said the utility’s consumption of coal would continue to rise for at least the next decade.
“We will try to boost the usage of renewable energy, but coal will remain the dominant fuel for our plants until at least 2020.”
Source: The Jakarta Globe ( By:Reva Sasistiya)
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Tuesday, 13 July 10
FURTHER LOSSES FOR BALTIC DRY INDEX ON HIGH VESSEL SUPPLY
The dry bulk market can’t catch a breath, as it has now entered the 7th straight week of losses. The industry’s benchmark, the Baltic Dr ...
Sunday, 11 July 10
OVERALL NO OR NEGLIGIBLE IMPACT IN ARUTMIN MINE - BUMI
COALspot.com: Bumi denies the media reports on an impact of unusually rains on coal production in BUMI mines.
"Arutmin is being impacted by ...
Saturday, 10 July 10
FREIGHT MARKET SITUATION MAY CONTINUE FOR NEXT COUPLE OF WEEKS - VISTAAR
COALspot.com: The market continued to soften further with the cape and panamax index down by about 20 pct and closed at 2,102 and 1,944 points respe ...
Saturday, 10 July 10
STC OF INDIA TO ASSOCIATE WITH FUEL SUPPLIERS
COALspot.com: State Trading corporation of India, which is under Ministry of Commerce, has invited Expression of Interest from coal suppliers ...
Saturday, 10 July 10
SCOMI TO SELL STAKE IN INDONESIA OPS - THE STAR
The star online reported that, Scomi Marine Bhd will sell a stake in its marine logistics business in Indonesia to a large Indonesian company to dea ...
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- The State Trading Corporation of India Ltd
- Bharathi Cement Corporation - India
- AsiaOL BioFuels Corp., Philippines
- TeaM Sual Corporation - Philippines
- Billiton Holdings Pty Ltd - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- London Commodity Brokers - England
- Africa Commodities Group - South Africa
- Ministry of Finance - Indonesia
- Merrill Lynch Commodities Europe
- Therma Luzon, Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- Gujarat Mineral Development Corp Ltd - India
- Sindya Power Generating Company Private Ltd
- Global Green Power PLC Corporation, Philippines
- CNBM International Corporation - China
- IEA Clean Coal Centre - UK
- Barasentosa Lestari - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Kobexindo Tractors - Indoneisa
- Energy Development Corp, Philippines
- Eastern Coal Council - USA
- Dalmia Cement Bharat India
- Chamber of Mines of South Africa
- Semirara Mining and Power Corporation, Philippines
- ICICI Bank Limited - India
- Chettinad Cement Corporation Ltd - India
- Cement Manufacturers Association - India
- Rashtriya Ispat Nigam Limited - India
- Vedanta Resources Plc - India
- Jindal Steel & Power Ltd - India
- Australian Commodity Traders Exchange
- Deloitte Consulting - India
- CIMB Investment Bank - Malaysia
- Petrochimia International Co. Ltd.- Taiwan
- Global Business Power Corporation, Philippines
- Georgia Ports Authority, United States
- Bukit Baiduri Energy - Indonesia
- Ambuja Cements Ltd - India
- Indika Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Straits Asia Resources Limited - Singapore
- Orica Australia Pty. Ltd.
- GMR Energy Limited - India
- India Bulls Power Limited - India
- Kaltim Prima Coal - Indonesia
- Central Java Power - Indonesia
- Price Waterhouse Coopers - Russia
- Wilmar Investment Holdings
- Star Paper Mills Limited - India
- Ministry of Mines - Canada
- Sical Logistics Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Tamil Nadu electricity Board
- MS Steel International - UAE
- Posco Energy - South Korea
- International Coal Ventures Pvt Ltd - India
- Electricity Authority, New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Standard Chartered Bank - UAE
- OPG Power Generation Pvt Ltd - India
- Goldman Sachs - Singapore
- Economic Council, Georgia
- Banpu Public Company Limited - Thailand
- Toyota Tsusho Corporation, Japan
- Intertek Mineral Services - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Baramulti Group, Indonesia
- Romanian Commodities Exchange
- Port Waratah Coal Services - Australia
- Larsen & Toubro Limited - India
- Mintek Dendrill Indonesia
- Siam City Cement - Thailand
- Jaiprakash Power Ventures ltd
- Medco Energi Mining Internasional
- The Treasury - Australian Government
- Savvy Resources Ltd - HongKong
- SMG Consultants - Indonesia
- Oldendorff Carriers - Singapore
- GVK Power & Infra Limited - India
- Eastern Energy - Thailand
- Samtan Co., Ltd - South Korea
- Uttam Galva Steels Limited - India
- Renaissance Capital - South Africa
- Trasteel International SA, Italy
- GAC Shipping (India) Pvt Ltd
- Xindia Steels Limited - India
- Directorate General of MIneral and Coal - Indonesia
- PNOC Exploration Corporation - Philippines
- Directorate Of Revenue Intelligence - India
- Parliament of New Zealand
- Kepco SPC Power Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Australian Coal Association
- Sarangani Energy Corporation, Philippines
- Videocon Industries ltd - India
- Coal and Oil Company - UAE
- Aditya Birla Group - India
- Bulk Trading Sa - Switzerland
- Bangladesh Power Developement Board
- Vijayanagar Sugar Pvt Ltd - India
- Edison Trading Spa - Italy
- Kartika Selabumi Mining - Indonesia
- Indian Oil Corporation Limited
- Singapore Mercantile Exchange
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mercator Lines Limited - India
- Makarim & Taira - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Semirara Mining Corp, Philippines
- Mercuria Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Gujarat Electricity Regulatory Commission - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Power Finance Corporation Ltd., India
- Globalindo Alam Lestari - Indonesia
- Bukit Makmur.PT - Indonesia
- Vizag Seaport Private Limited - India
- Sree Jayajothi Cements Limited - India
- Tata Chemicals Ltd - India
- McConnell Dowell - Australia
- Indian Energy Exchange, India
- Pendopo Energi Batubara - Indonesia
- San Jose City I Power Corp, Philippines
- Coalindo Energy - Indonesia
- The University of Queensland
- Heidelberg Cement - Germany
- Bayan Resources Tbk. - Indonesia
- Madhucon Powers Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Aboitiz Power Corporation - Philippines
- Salva Resources Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Global Coal Blending Company Limited - Australia
- Maharashtra Electricity Regulatory Commission - India
- Sojitz Corporation - Japan
- PowerSource Philippines DevCo
- Kumho Petrochemical, South Korea
- Latin American Coal - Colombia
- Ministry of Transport, Egypt
- Borneo Indobara - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Thai Mozambique Logistica
- Alfred C Toepfer International GmbH - Germany
- Miang Besar Coal Terminal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- SN Aboitiz Power Inc, Philippines
- South Luzon Thermal Energy Corporation
- Holcim Trading Pte Ltd - Singapore
- Commonwealth Bank - Australia
- Malabar Cements Ltd - India
- Independent Power Producers Association of India
- Sakthi Sugars Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Indogreen Group - Indonesia
- Essar Steel Hazira Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Formosa Plastics Group - Taiwan
- Binh Thuan Hamico - Vietnam
- Grasim Industreis Ltd - India
- VISA Power Limited - India
- Central Electricity Authority - India
- Parry Sugars Refinery, India
- Bhatia International Limited - India
- Planning Commission, India
- White Energy Company Limited
- Orica Mining Services - Indonesia
- Indonesian Coal Mining Association
- Petron Corporation, Philippines
- Interocean Group of Companies - India
- Meralco Power Generation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Karaikal Port Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Marubeni Corporation - India
- IHS Mccloskey Coal Group - USA
- ASAPP Information Group - India
- Agrawal Coal Company - India
- Carbofer General Trading SA - India
- Bhoruka Overseas - Indonesia
- Metalloyd Limited - United Kingdom
- Electricity Generating Authority of Thailand
- Maheswari Brothers Coal Limited - India
- Antam Resourcindo - Indonesia
- Attock Cement Pakistan Limited
- Minerals Council of Australia
- Rio Tinto Coal - Australia
- Timah Investasi Mineral - Indoneisa
- Ind-Barath Power Infra Limited - India
- European Bulk Services B.V. - Netherlands
- PTC India Limited - India
- Bhushan Steel Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Lanco Infratech Ltd - India
- Anglo American - United Kingdom
- Gujarat Sidhee Cement - India
- Energy Link Ltd, New Zealand
- Simpson Spence & Young - Indonesia
- New Zealand Coal & Carbon
- Mjunction Services Limited - India
- SMC Global Power, Philippines
- Indo Tambangraya Megah - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Siam City Cement PLC, Thailand
- Meenaskhi Energy Private Limited - India
- Riau Bara Harum - Indonesia
- Manunggal Multi Energi - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Thiess Contractors Indonesia
- Wood Mackenzie - Singapore
- Coastal Gujarat Power Limited - India
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