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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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Wednesday, 19 May 10
DRY BULK FREIGHT RATES' RALLY MAY BE SET TO END
The Baltic Dry Index (BDI) has rallied these past couple of weeks, almost touching the 4,000 point mark. But this positive development for dry bulk ...
Wednesday, 19 May 10
NEWCASTLE WEEKLY EXPORTS RISE; SHIP QUEUE LENGTHENS
Coal shipments from Australia's Newcastle port, the world's biggest export harbor for the fuel used in power stations, rose 2.9 percent last week ...
Tuesday, 18 May 10
THE BDI HIT A FIVE-MONTH HIGH AT THE CLOSE OF LAST WEEK
According to BRS, One of the oldest ship broker, at 3,929 points, the BDI hit a five-month high at the close of last week. The Capesize four time ch ...
Tuesday, 18 May 10
COAL TRADER CHINA QINFA TO BUY TWO BULK CARRIERS FOR 69 MLN USD
China Qinfa Group, a leading non-State-owned coal trader on China's mainland, said Sunday it had signed shipbuilding contracts to pay 69 million U. ...
Monday, 17 May 10
INDONESIA SHIPPED 15.51 PERCENT LESS COAL IN APRIL THAN A MONTH EARLIER
COALspot.com: Indonesia, the world largest coal exporter, shipped 23,331,542 MT of coal in April 2010, compare to 27.61 million tons in ...
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- International Coal Ventures Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Global Green Power PLC Corporation, Philippines
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- Parry Sugars Refinery, India
- Jindal Steel & Power Ltd - India
- Semirara Mining and Power Corporation, Philippines
- New Zealand Coal & Carbon
- Bukit Baiduri Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- White Energy Company Limited
- Carbofer General Trading SA - India
- Gujarat Electricity Regulatory Commission - India
- Intertek Mineral Services - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Star Paper Mills Limited - India
- Coalindo Energy - Indonesia
- IEA Clean Coal Centre - UK
- Indika Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Trasteel International SA, Italy
- Sical Logistics Limited - India
- Bhoruka Overseas - Indonesia
- Videocon Industries ltd - India
- Thai Mozambique Logistica
- Grasim Industreis Ltd - India
- Renaissance Capital - South Africa
- Uttam Galva Steels Limited - India
- Wilmar Investment Holdings
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- Bharathi Cement Corporation - India
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- Siam City Cement - Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Binh Thuan Hamico - Vietnam
- Lanco Infratech Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Oldendorff Carriers - Singapore
- PTC India Limited - India
- TeaM Sual Corporation - Philippines
- Central Electricity Authority - India
- Iligan Light & Power Inc, Philippines
- Kumho Petrochemical, South Korea
- Meenaskhi Energy Private Limited - India
- Aditya Birla Group - India
- Posco Energy - South Korea
- Energy Development Corp, Philippines
- Riau Bara Harum - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Ministry of Transport, Egypt
- Central Java Power - Indonesia
- IHS Mccloskey Coal Group - USA
- TNB Fuel Sdn Bhd - Malaysia
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- Indian Energy Exchange, India
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- Sinarmas Energy and Mining - Indonesia
- Timah Investasi Mineral - Indoneisa
- Standard Chartered Bank - UAE
- Port Waratah Coal Services - Australia
- McConnell Dowell - Australia
- Mintek Dendrill Indonesia
- ASAPP Information Group - India
- Kepco SPC Power Corporation, Philippines
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- GMR Energy Limited - India
- Krishnapatnam Port Company Ltd. - India
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- PowerSource Philippines DevCo
- Energy Link Ltd, New Zealand
- European Bulk Services B.V. - Netherlands
- Electricity Authority, New Zealand
- CNBM International Corporation - China
- Chettinad Cement Corporation Ltd - India
- Tamil Nadu electricity Board
- Toyota Tsusho Corporation, Japan
- Bhushan Steel Limited - India
- Minerals Council of Australia
- Salva Resources Pvt Ltd - India
- Interocean Group of Companies - India
- Attock Cement Pakistan Limited
- India Bulls Power Limited - India
- Antam Resourcindo - Indonesia
- Tata Chemicals Ltd - India
- Wood Mackenzie - Singapore
- Electricity Generating Authority of Thailand
- Aboitiz Power Corporation - Philippines
- Altura Mining Limited, Indonesia
- Romanian Commodities Exchange
- Orica Mining Services - Indonesia
- Coal and Oil Company - UAE
- Sree Jayajothi Cements Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Ind-Barath Power Infra Limited - India
- OPG Power Generation Pvt Ltd - India
- Cement Manufacturers Association - India
- Indian Oil Corporation Limited
- AsiaOL BioFuels Corp., Philippines
- The State Trading Corporation of India Ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sojitz Corporation - Japan
- Meralco Power Generation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Therma Luzon, Inc, Philippines
- Straits Asia Resources Limited - Singapore
- Eastern Energy - Thailand
- Ceylon Electricity Board - Sri Lanka
- Semirara Mining Corp, Philippines
- Ambuja Cements Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Mercuria Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Sindya Power Generating Company Private Ltd
- Economic Council, Georgia
- Savvy Resources Ltd - HongKong
- Jaiprakash Power Ventures ltd
- Kobexindo Tractors - Indoneisa
- Planning Commission, India
- Ministry of Finance - Indonesia
- Eastern Coal Council - USA
- Malabar Cements Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- LBH Netherlands Bv - Netherlands
- Siam City Cement PLC, Thailand
- Independent Power Producers Association of India
- Australian Commodity Traders Exchange
- GAC Shipping (India) Pvt Ltd
- Pendopo Energi Batubara - Indonesia
- Kaltim Prima Coal - Indonesia
- Price Waterhouse Coopers - Russia
- Bulk Trading Sa - Switzerland
- Larsen & Toubro Limited - India
- Orica Australia Pty. Ltd.
- MS Steel International - UAE
- Gujarat Mineral Development Corp Ltd - India
- Medco Energi Mining Internasional
- Coastal Gujarat Power Limited - India
- Borneo Indobara - Indonesia
- The Treasury - Australian Government
- CIMB Investment Bank - Malaysia
- GVK Power & Infra Limited - India
- Commonwealth Bank - Australia
- Directorate Of Revenue Intelligence - India
- Global Coal Blending Company Limited - Australia
- Indogreen Group - Indonesia
- The University of Queensland
- Maheswari Brothers Coal Limited - India
- Chamber of Mines of South Africa
- SMG Consultants - Indonesia
- Banpu Public Company Limited - Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Georgia Ports Authority, United States
- Bhatia International Limited - India
- Mjunction Services Limited - India
- Sakthi Sugars Limited - India
- Africa Commodities Group - South Africa
- Kohat Cement Company Ltd. - Pakistan
- London Commodity Brokers - England
- Thiess Contractors Indonesia
- Samtan Co., Ltd - South Korea
- Latin American Coal - Colombia
- Marubeni Corporation - India
- Deloitte Consulting - India
- Jorong Barutama Greston.PT - Indonesia
- Vizag Seaport Private Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- ICICI Bank Limited - India
- Australian Coal Association
- Barasentosa Lestari - Indonesia
- Bangladesh Power Developement Board
- Maharashtra Electricity Regulatory Commission - India
- Bukit Makmur.PT - Indonesia
- Singapore Mercantile Exchange
- Kideco Jaya Agung - Indonesia
- Bayan Resources Tbk. - Indonesia
- Karaikal Port Pvt Ltd - India
- VISA Power Limited - India
- Power Finance Corporation Ltd., India
- Formosa Plastics Group - Taiwan
- Edison Trading Spa - Italy
- PetroVietnam Power Coal Import and Supply Company
- Xindia Steels Limited - India
- Alfred C Toepfer International GmbH - Germany
- Sarangani Energy Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indonesian Coal Mining Association
- Rio Tinto Coal - Australia
- Metalloyd Limited - United Kingdom
- SMC Global Power, Philippines
- Essar Steel Hazira Ltd - India
- Gujarat Sidhee Cement - India
- Parliament of New Zealand
- Mercator Lines Limited - India
- Petron Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Baramulti Group, Indonesia
- Vedanta Resources Plc - India
- South Luzon Thermal Energy Corporation
- Manunggal Multi Energi - Indonesia
- Agrawal Coal Company - India
- Global Business Power Corporation, Philippines
- Ministry of Mines - Canada
- Cigading International Bulk Terminal - Indonesia
- Merrill Lynch Commodities Europe
- PNOC Exploration Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Billiton Holdings Pty Ltd - Australia
- Pipit Mutiara Jaya. PT, Indonesia
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- SN Aboitiz Power Inc, Philippines
- Dalmia Cement Bharat India
- Heidelberg Cement - Germany
- San Jose City I Power Corp, Philippines
- Neyveli Lignite Corporation Ltd, - India
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