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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 ($1.96 billion on coal, and it expects to spend Rp 30 trillion this year.
The rise in coal consumption marks a strategic push to reduce generating costs as PLN, which has been mired in red ink for years, struggles to build generating capacity.
Indonesian Greenpeace representative Nur Hidayati criticized PLN’s plan as being out of step with even the government’s own emission-reduction targets.
“In fact, this would generate higher carbon emissions. This is not in line with the president’s commitment last year to reduce emissions by 26 percent to 41 percent,” Nur said.
“Also this would collide with the recent forest moratorium in Oslo. The forests are in danger of being converted to coal mines.”
The first phase of the “fast-track” generating program will see an extra 10,000 megawatts of capacity added by 2013, mostly through coal-fired plants. The second phase, which will shift away from coal, is intended to add a further 10,000 MW of capacity by 2013 or 2014.
PLN president director Dahlan Iskan said the utility’s consumption of coal would continue to rise for at least the next decade.
“We will try to boost the usage of renewable energy, but coal will remain the dominant fuel for our plants until at least 2020.”
Source: The Jakarta Globe ( By:Reva Sasistiya)
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Saturday, 26 June 10
MONGOLIA COAL RAILWAY TO LINK WITH RUSSIA - BUSINESS WEEK
Business Week reported that, Mongolian lawmakers have approved plans for a rail line linking with Russia to help tap large coal deposits in the sout ...
Friday, 25 June 10
INDIAS THIRD-LARGEST SHIPPING COMPANY BAGS US$ 31 MILLION DEAL WITH SL
Daily Mirror reported that, Mainboard-listed and India-owned dry bulk shipping firm Mercator Lines says it has won a US$ 31 million contract in Sri ...
Friday, 25 June 10
DEMAND FOR COAL COULD BE GRADUALLY RETURNING - FEARNBULK
Handy
Atlantic markets seeing more activity today (23 June 2010) after a slump the last weeks. Supramax vessels open in USG are achieving low/mid ...
Thursday, 24 June 10
INDONESIAS BUMI DECLARED US$ 57.1 MILLION (AMOUNTING TO 30% OF 2009 NET INCOME) AS DIVIDEND
COALspot.com: PT Bumi Resources, Tbk’s Annual General Meeting (AGM) today was successfully held with a quorum of 75.89% resulting in sharehold ...
Thursday, 24 June 10
CHINA TARGETS 3.6 BILLION MT ANNUAL COAL OUTPUT FOR 2015
At a forum in Beijing entitled "Chinese energy strategy and energy development in the 12th five-year plan period (2011-2015)", He Youguo, ...
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- Kepco SPC Power Corporation, Philippines
- ASAPP Information Group - India
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- White Energy Company Limited
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- Jaiprakash Power Ventures ltd
- Electricity Authority, New Zealand
- SN Aboitiz Power Inc, Philippines
- Manunggal Multi Energi - Indonesia
- Straits Asia Resources Limited - Singapore
- Malabar Cements Ltd - India
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- Samtan Co., Ltd - South Korea
- Savvy Resources Ltd - HongKong
- Georgia Ports Authority, United States
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Siam City Cement - Thailand
- Interocean Group of Companies - India
- Australian Coal Association
- Kapuas Tunggal Persada - Indonesia
- Kalimantan Lumbung Energi - Indonesia
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- Tamil Nadu electricity Board
- OPG Power Generation Pvt Ltd - India
- Sojitz Corporation - Japan
- PTC India Limited - India
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- IEA Clean Coal Centre - UK
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- Medco Energi Mining Internasional
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- Parliament of New Zealand
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- Alfred C Toepfer International GmbH - Germany
- TNB Fuel Sdn Bhd - Malaysia
- Vedanta Resources Plc - India
- Renaissance Capital - South Africa
- Cigading International Bulk Terminal - Indonesia
- Indian Oil Corporation Limited
- Toyota Tsusho Corporation, Japan
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- Coal and Oil Company - UAE
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- Siam City Cement PLC, Thailand
- ICICI Bank Limited - India
- Bangladesh Power Developement Board
- Australian Commodity Traders Exchange
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- Eastern Energy - Thailand
- Madhucon Powers Ltd - India
- Wilmar Investment Holdings
- Kobexindo Tractors - Indoneisa
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- Star Paper Mills Limited - India
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- The University of Queensland
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- Aboitiz Power Corporation - Philippines
- Economic Council, Georgia
- Global Business Power Corporation, Philippines
- Marubeni Corporation - India
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- Mercator Lines Limited - India
- Karaikal Port Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Price Waterhouse Coopers - Russia
- Holcim Trading Pte Ltd - Singapore
- Pendopo Energi Batubara - Indonesia
- Orica Mining Services - Indonesia
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- Kumho Petrochemical, South Korea
- Bahari Cakrawala Sebuku - Indonesia
- Bukit Makmur.PT - Indonesia
- Makarim & Taira - Indonesia
- McConnell Dowell - Australia
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- TeaM Sual Corporation - Philippines
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- San Jose City I Power Corp, Philippines
- IHS Mccloskey Coal Group - USA
- Aditya Birla Group - India
- Leighton Contractors Pty Ltd - Australia
- Essar Steel Hazira Ltd - India
- Petron Corporation, Philippines
- Edison Trading Spa - Italy
- Jindal Steel & Power Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bukit Baiduri Energy - Indonesia
- Merrill Lynch Commodities Europe
- Heidelberg Cement - Germany
- Directorate Of Revenue Intelligence - India
- Commonwealth Bank - Australia
- Indonesian Coal Mining Association
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- Ministry of Transport, Egypt
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- New Zealand Coal & Carbon
- Meenaskhi Energy Private Limited - India
- Goldman Sachs - Singapore
- Bhoruka Overseas - Indonesia
- Eastern Coal Council - USA
- Uttam Galva Steels Limited - India
- Indika Energy - Indonesia
- Lanco Infratech Ltd - India
- Kideco Jaya Agung - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Kohat Cement Company Ltd. - Pakistan
- Banpu Public Company Limited - Thailand
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- India Bulls Power Limited - India
- Ministry of Mines - Canada
- LBH Netherlands Bv - Netherlands
- Thiess Contractors Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PetroVietnam Power Coal Import and Supply Company
- Deloitte Consulting - India
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- Dalmia Cement Bharat India
- Sical Logistics Limited - India
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- Orica Australia Pty. Ltd.
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- The Treasury - Australian Government
- Billiton Holdings Pty Ltd - Australia
- Riau Bara Harum - Indonesia
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- Planning Commission, India
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- Indogreen Group - Indonesia
- Singapore Mercantile Exchange
- London Commodity Brokers - England
- Chamber of Mines of South Africa
- SMC Global Power, Philippines
- Electricity Generating Authority of Thailand
- Timah Investasi Mineral - Indoneisa
- Minerals Council of Australia
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- Sakthi Sugars Limited - India
- Salva Resources Pvt Ltd - India
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