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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 ($1.96 billion on coal, and it expects to spend Rp 30 trillion this year.
The rise in coal consumption marks a strategic push to reduce generating costs as PLN, which has been mired in red ink for years, struggles to build generating capacity.
Indonesian Greenpeace representative Nur Hidayati criticized PLN’s plan as being out of step with even the government’s own emission-reduction targets.
“In fact, this would generate higher carbon emissions. This is not in line with the president’s commitment last year to reduce emissions by 26 percent to 41 percent,” Nur said.
“Also this would collide with the recent forest moratorium in Oslo. The forests are in danger of being converted to coal mines.”
The first phase of the “fast-track” generating program will see an extra 10,000 megawatts of capacity added by 2013, mostly through coal-fired plants. The second phase, which will shift away from coal, is intended to add a further 10,000 MW of capacity by 2013 or 2014.
PLN president director Dahlan Iskan said the utility’s consumption of coal would continue to rise for at least the next decade.
“We will try to boost the usage of renewable energy, but coal will remain the dominant fuel for our plants until at least 2020.”
Source: The Jakarta Globe ( By:Reva Sasistiya)
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Sunday, 17 January 10
THE FUTURES FOR THREE YEARS (2010 - 2012) FIRMED UP - VISTAAR SINGAPORE
COALspot.com (Singapore): The freight market was a bit mixed with BDI up by about 159 points and closed at 3,299 points.
BDI
The cape index cont ...
Sunday, 17 January 10
NTPC TO DOUBLE CAPACITY BY 2017
NTPC, which will launch its follow-on public offer on February 3, plans to more than double its generating capacity to over 70,000 mega watts by 201 ...
Saturday, 16 January 10
HANDY CONTINUED FIRM CONDITIONS FOR MARKET IN THE ATLANTIC
HANDY
Continued firm conditions for the Handymax / Smax market in the Atlantic with the BSI having a continued upwards momentum. US$ 45,000 ac ...
Friday, 15 January 10
INDONESIA COAL - HEAVY RAINS HAVE LITTLE IMPACT ON COAL OUTPUT
Coal shipments from Indonesia's main coal-producing area are unlikely to be hit by heavy rains during January-February as many miners are prepared ...
Friday, 15 January 10
GOVT BRINGS IN DOMESTIC COAL MARKET OBLIGATION
The Energy and Mineral Resources Ministry has issued a ministerial decree requiring producers of coal and other minerals to allocate a proportion ...
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- Wilmar Investment Holdings
- Borneo Indobara - Indonesia
- GVK Power & Infra Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Sidhee Cement - India
- Grasim Industreis Ltd - India
- PNOC Exploration Corporation - Philippines
- Xindia Steels Limited - India
- Sinarmas Energy and Mining - Indonesia
- Lanco Infratech Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Sarangani Energy Corporation, Philippines
- Tata Chemicals Ltd - India
- Videocon Industries ltd - India
- LBH Netherlands Bv - Netherlands
- Indian Oil Corporation Limited
- Parry Sugars Refinery, India
- Vedanta Resources Plc - India
- Straits Asia Resources Limited - Singapore
- Kobexindo Tractors - Indoneisa
- Sical Logistics Limited - India
- VISA Power Limited - India
- The University of Queensland
- International Coal Ventures Pvt Ltd - India
- Semirara Mining Corp, Philippines
- GMR Energy Limited - India
- Commonwealth Bank - Australia
- White Energy Company Limited
- European Bulk Services B.V. - Netherlands
- Coal and Oil Company - UAE
- Global Coal Blending Company Limited - Australia
- Chamber of Mines of South Africa
- CIMB Investment Bank - Malaysia
- Samtan Co., Ltd - South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- The State Trading Corporation of India Ltd
- Central Java Power - Indonesia
- Ministry of Transport, Egypt
- Asmin Koalindo Tuhup - Indonesia
- Kumho Petrochemical, South Korea
- IEA Clean Coal Centre - UK
- Dalmia Cement Bharat India
- Pipit Mutiara Jaya. PT, Indonesia
- Bangladesh Power Developement Board
- Holcim Trading Pte Ltd - Singapore
- Cement Manufacturers Association - India
- SMG Consultants - Indonesia
- ICICI Bank Limited - India
- McConnell Dowell - Australia
- Kohat Cement Company Ltd. - Pakistan
- Renaissance Capital - South Africa
- Vijayanagar Sugar Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Minerals Council of Australia
- Gujarat Electricity Regulatory Commission - India
- Kepco SPC Power Corporation, Philippines
- Central Electricity Authority - India
- Karaikal Port Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Mercator Lines Limited - India
- The Treasury - Australian Government
- Kalimantan Lumbung Energi - Indonesia
- Rio Tinto Coal - Australia
- Economic Council, Georgia
- PowerSource Philippines DevCo
- Global Business Power Corporation, Philippines
- Vizag Seaport Private Limited - India
- Jindal Steel & Power Ltd - India
- Salva Resources Pvt Ltd - India
- Mercuria Energy - Indonesia
- Altura Mining Limited, Indonesia
- Standard Chartered Bank - UAE
- Bhoruka Overseas - Indonesia
- PTC India Limited - India
- Edison Trading Spa - Italy
- Offshore Bulk Terminal Pte Ltd, Singapore
- Meralco Power Generation, Philippines
- Madhucon Powers Ltd - India
- Independent Power Producers Association of India
- South Luzon Thermal Energy Corporation
- Pendopo Energi Batubara - Indonesia
- Antam Resourcindo - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Heidelberg Cement - Germany
- Makarim & Taira - Indonesia
- Mintek Dendrill Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Siam City Cement PLC, Thailand
- SN Aboitiz Power Inc, Philippines
- Australian Commodity Traders Exchange
- Attock Cement Pakistan Limited
- Manunggal Multi Energi - Indonesia
- Kartika Selabumi Mining - Indonesia
- Power Finance Corporation Ltd., India
- Sojitz Corporation - Japan
- Bhushan Steel Limited - India
- Interocean Group of Companies - India
- Globalindo Alam Lestari - Indonesia
- Star Paper Mills Limited - India
- Electricity Authority, New Zealand
- Jorong Barutama Greston.PT - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Orica Australia Pty. Ltd.
- Goldman Sachs - Singapore
- Marubeni Corporation - India
- Electricity Generating Authority of Thailand
- PetroVietnam Power Coal Import and Supply Company
- Kideco Jaya Agung - Indonesia
- TeaM Sual Corporation - Philippines
- Sindya Power Generating Company Private Ltd
- Romanian Commodities Exchange
- Malabar Cements Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Thiess Contractors Indonesia
- Kaltim Prima Coal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Mjunction Services Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Krishnapatnam Port Company Ltd. - India
- Oldendorff Carriers - Singapore
- Ceylon Electricity Board - Sri Lanka
- Alfred C Toepfer International GmbH - Germany
- Indogreen Group - Indonesia
- Jaiprakash Power Ventures ltd
- Trasteel International SA, Italy
- Kapuas Tunggal Persada - Indonesia
- Semirara Mining and Power Corporation, Philippines
- ASAPP Information Group - India
- Indian Energy Exchange, India
- Chettinad Cement Corporation Ltd - India
- Savvy Resources Ltd - HongKong
- New Zealand Coal & Carbon
- Metalloyd Limited - United Kingdom
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Energy Link Ltd, New Zealand
- Ambuja Cements Ltd - India
- Sree Jayajothi Cements Limited - India
- OPG Power Generation Pvt Ltd - India
- Ministry of Finance - Indonesia
- Bukit Makmur.PT - Indonesia
- Sakthi Sugars Limited - India
- Deloitte Consulting - India
- Petron Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Aboitiz Power Corporation - Philippines
- Bukit Baiduri Energy - Indonesia
- Formosa Plastics Group - Taiwan
- Medco Energi Mining Internasional
- Indika Energy - Indonesia
- Aditya Birla Group - India
- Latin American Coal - Colombia
- Banpu Public Company Limited - Thailand
- Indonesian Coal Mining Association
- AsiaOL BioFuels Corp., Philippines
- Agrawal Coal Company - India
- Tamil Nadu electricity Board
- Posco Energy - South Korea
- Intertek Mineral Services - Indonesia
- India Bulls Power Limited - India
- Eastern Energy - Thailand
- Australian Coal Association
- GAC Shipping (India) Pvt Ltd
- Eastern Coal Council - USA
- Bhatia International Limited - India
- Toyota Tsusho Corporation, Japan
- Coalindo Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Uttam Galva Steels Limited - India
- Essar Steel Hazira Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Iligan Light & Power Inc, Philippines
- Bharathi Cement Corporation - India
- Merrill Lynch Commodities Europe
- Coastal Gujarat Power Limited - India
- Directorate Of Revenue Intelligence - India
- Global Green Power PLC Corporation, Philippines
- MS Steel International - UAE
- Neyveli Lignite Corporation Ltd, - India
- Singapore Mercantile Exchange
- Maheswari Brothers Coal Limited - India
- Therma Luzon, Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Leighton Contractors Pty Ltd - Australia
- San Jose City I Power Corp, Philippines
- CNBM International Corporation - China
- Larsen & Toubro Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Siam City Cement - Thailand
- Timah Investasi Mineral - Indoneisa
- Ministry of Mines - Canada
- Price Waterhouse Coopers - Russia
- Binh Thuan Hamico - Vietnam
- Indo Tambangraya Megah - Indonesia
- Carbofer General Trading SA - India
- Baramulti Group, Indonesia
- London Commodity Brokers - England
- Wood Mackenzie - Singapore
- Energy Development Corp, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ind-Barath Power Infra Limited - India
- Simpson Spence & Young - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- SMC Global Power, Philippines
- Africa Commodities Group - South Africa
- Bayan Resources Tbk. - Indonesia
- Orica Mining Services - Indonesia
- Thai Mozambique Logistica
- Parliament of New Zealand
- Planning Commission, India
- Miang Besar Coal Terminal - Indonesia
- Meenaskhi Energy Private Limited - India
- Georgia Ports Authority, United States
- Port Waratah Coal Services - Australia
- Barasentosa Lestari - Indonesia
- Riau Bara Harum - Indonesia
- Anglo American - United Kingdom
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