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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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Thursday, 21 January 10
HANDYMAX - SHORT PERIOD OWNERS IDEAS ARE AROUND MID/LOW 20S - FEARNLEYS AS
HANDY
The BSI moved in a downward direction since last Friday reflecting minor a ...
Thursday, 21 January 10
ASF GROUP TO COMMENCE COAL SALES TO CHINA BY FEBRUARY 2010
Sydney-based China energy and resource conduit, ASF Group has struck an agreement to supply coal to China.
In September 2009, ASF announced a ven ...
Thursday, 21 January 10
INDONESIA BUKIT ASAM AGREES ON LOWER COAL PRICE
Indonesian state coal miner PT Tambang Batubara Bukit Asam Tbk has agreed with a local power plant to set 2010 coal prices at 23 percent lower than ...
Thursday, 21 January 10
CABOTAGE POLICY POSTPONED
The Transportation Ministry has decided to postpone for one year the full enforcement of the cabotage principle – a maritime term for the proh ...
Thursday, 21 January 10
MEC IN TALKS WITH TATA POWER ON COAL - TRADE
The UAE's Middle East Coal is in talks to supply coal to Tata Power, India's biggest private sector power firm, from its new Indonesian operations ...
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- Samtan Co., Ltd - South Korea
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- Electricity Authority, New Zealand
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- Ceylon Electricity Board - Sri Lanka
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- Maheswari Brothers Coal Limited - India
- Commonwealth Bank - Australia
- Interocean Group of Companies - India
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- Meralco Power Generation, Philippines
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- Bhushan Steel Limited - India
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- IHS Mccloskey Coal Group - USA
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- Videocon Industries ltd - India
- London Commodity Brokers - England
- CNBM International Corporation - China
- MS Steel International - UAE
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- Global Business Power Corporation, Philippines
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- Parry Sugars Refinery, India
- Eastern Coal Council - USA
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- Savvy Resources Ltd - HongKong
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- Ministry of Mines - Canada
- Wilmar Investment Holdings
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- IEA Clean Coal Centre - UK
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- Sarangani Energy Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Mercuria Energy - Indonesia
- Carbofer General Trading SA - India
- Ind-Barath Power Infra Limited - India
- Sindya Power Generating Company Private Ltd
- Kaltim Prima Coal - Indonesia
- Georgia Ports Authority, United States
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- Banpu Public Company Limited - Thailand
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- Therma Luzon, Inc, Philippines
- Metalloyd Limited - United Kingdom
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- Sree Jayajothi Cements Limited - India
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- Edison Trading Spa - Italy
- European Bulk Services B.V. - Netherlands
- Bukit Makmur.PT - Indonesia
- CIMB Investment Bank - Malaysia
- Coal and Oil Company - UAE
- Directorate Of Revenue Intelligence - India
- PowerSource Philippines DevCo
- Energy Link Ltd, New Zealand
- ICICI Bank Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Anglo American - United Kingdom
- Grasim Industreis Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coastal Gujarat Power Limited - India
- GVK Power & Infra Limited - India
- Economic Council, Georgia
- Holcim Trading Pte Ltd - Singapore
- Bukit Baiduri Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- Alfred C Toepfer International GmbH - Germany
- International Coal Ventures Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Sojitz Corporation - Japan
- Antam Resourcindo - Indonesia
- Uttam Galva Steels Limited - India
- Renaissance Capital - South Africa
- Wood Mackenzie - Singapore
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- Chamber of Mines of South Africa
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- Kepco SPC Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Baramulti Group, Indonesia
- Electricity Generating Authority of Thailand
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- Agrawal Coal Company - India
- South Luzon Thermal Energy Corporation
- LBH Netherlands Bv - Netherlands
- Petrochimia International Co. Ltd.- Taiwan
- Kobexindo Tractors - Indoneisa
- Xindia Steels Limited - India
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- Deloitte Consulting - India
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- Neyveli Lignite Corporation Ltd, - India
- Binh Thuan Hamico - Vietnam
- GAC Shipping (India) Pvt Ltd
- Minerals Council of Australia
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- Bangladesh Power Developement Board
- Meenaskhi Energy Private Limited - India
- Gujarat Electricity Regulatory Commission - India
- Ministry of Finance - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- San Jose City I Power Corp, Philippines
- India Bulls Power Limited - India
- White Energy Company Limited
- Orica Australia Pty. Ltd.
- Manunggal Multi Energi - Indonesia
- Latin American Coal - Colombia
- The State Trading Corporation of India Ltd
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- PetroVietnam Power Coal Import and Supply Company
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- Kumho Petrochemical, South Korea
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- Leighton Contractors Pty Ltd - Australia
- Goldman Sachs - Singapore
- Thiess Contractors Indonesia
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- Larsen & Toubro Limited - India
- ASAPP Information Group - India
- Sical Logistics Limited - India
- Bayan Resources Tbk. - Indonesia
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- Siam City Cement - Thailand
- Lanco Infratech Ltd - India
- VISA Power Limited - India
- Sinarmas Energy and Mining - Indonesia
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- Mintek Dendrill Indonesia
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