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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, 13 January 10
ADHUNIK GROUP TO BUY 50 PCT IN AUSTRALIA MINE
The Adhunik group of Industries is in talks to acquire 50 percent in an Australian coking coal mine for $100 million, the Economic Times reported on ...
Wednesday, 13 January 10
COAL MARKETS 2010 CONFERENCE - SINGAPORE, 28 - 29 JANUARY 2010
COALspot.com (Press Release): As an established annual event that has been running for more than 7 years now with extensive industry support from ke ...
Wednesday, 13 January 10
IRON ORE PRICE TIPPED TO RISE 40PC, SAYS ANZ
THE price battle in the controversial iron ore negotiations is expected to intensify.
ANZ senior commodities analyst Mark Pervan has increased h ...
Wednesday, 13 January 10
KANGAROO RESOURCES KICKS OFF INDONESIAN COAL PRODUCTION
Coal-focused company Kangaroo Resources has formally joined the ranks of international coal operators after wrapping up the delivery and sale o ...
Wednesday, 13 January 10
CONSOL SELLS FIRST COAL TO CHINA
Coal and natural gas company CONSOL Energy Inc.made its first sale of high-volume coking coal to Asia from its Bailey Mine in Northern Appalachia. T ...
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- Indogreen Group - Indonesia
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- Commonwealth Bank - Australia
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- Chamber of Mines of South Africa
- Semirara Mining Corp, Philippines
- Simpson Spence & Young - Indonesia
- Lanco Infratech Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Meenaskhi Energy Private Limited - India
- Coalindo Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Kepco SPC Power Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Bayan Resources Tbk. - Indonesia
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- Georgia Ports Authority, United States
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- Iligan Light & Power Inc, Philippines
- MS Steel International - UAE
- Sical Logistics Limited - India
- The State Trading Corporation of India Ltd
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- Samtan Co., Ltd - South Korea
- Kohat Cement Company Ltd. - Pakistan
- Energy Development Corp, Philippines
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- Singapore Mercantile Exchange
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- Sojitz Corporation - Japan
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- Africa Commodities Group - South Africa
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- Heidelberg Cement - Germany
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- AsiaOL BioFuels Corp., Philippines
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- Larsen & Toubro Limited - India
- Deloitte Consulting - India
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- Altura Mining Limited, Indonesia
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- Power Finance Corporation Ltd., India
- Kobexindo Tractors - Indoneisa
- Timah Investasi Mineral - Indoneisa
- Sree Jayajothi Cements Limited - India
- ASAPP Information Group - India
- CNBM International Corporation - China
- The University of Queensland
- Intertek Mineral Services - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Standard Chartered Bank - UAE
- Sinarmas Energy and Mining - Indonesia
- Formosa Plastics Group - Taiwan
- Sindya Power Generating Company Private Ltd
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- Ministry of Finance - Indonesia
- Central Electricity Authority - India
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- Coastal Gujarat Power Limited - India
- Eastern Energy - Thailand
- Metalloyd Limited - United Kingdom
- Vedanta Resources Plc - India
- CIMB Investment Bank - Malaysia
- Posco Energy - South Korea
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- Ambuja Cements Ltd - India
- PTC India Limited - India
- Semirara Mining and Power Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Economic Council, Georgia
- Interocean Group of Companies - India
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- Petron Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- London Commodity Brokers - England
- Planning Commission, India
- Rio Tinto Coal - Australia
- Central Java Power - Indonesia
- Eastern Coal Council - USA
- Cigading International Bulk Terminal - Indonesia
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- Barasentosa Lestari - Indonesia
- Bharathi Cement Corporation - India
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- Merrill Lynch Commodities Europe
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- Kaltim Prima Coal - Indonesia
- Agrawal Coal Company - India
- Neyveli Lignite Corporation Ltd, - India
- Australian Coal Association
- Globalindo Alam Lestari - Indonesia
- European Bulk Services B.V. - Netherlands
- Salva Resources Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Ministry of Mines - Canada
- Bangladesh Power Developement Board
- International Coal Ventures Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Gujarat Electricity Regulatory Commission - India
- Edison Trading Spa - Italy
- Sakthi Sugars Limited - India
- Coal and Oil Company - UAE
- Energy Link Ltd, New Zealand
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- Dalmia Cement Bharat India
- Oldendorff Carriers - Singapore
- Siam City Cement PLC, Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
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- Borneo Indobara - Indonesia
- Cement Manufacturers Association - India
- Baramulti Group, Indonesia
- Price Waterhouse Coopers - Russia
- Leighton Contractors Pty Ltd - Australia
- LBH Netherlands Bv - Netherlands
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- Antam Resourcindo - Indonesia
- Tamil Nadu electricity Board
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- Chettinad Cement Corporation Ltd - India
- Billiton Holdings Pty Ltd - Australia
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- Australian Commodity Traders Exchange
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- White Energy Company Limited
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- Electricity Authority, New Zealand
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- Mercator Lines Limited - India
- Indian Oil Corporation Limited
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- Essar Steel Hazira Ltd - India
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- Manunggal Multi Energi - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Marubeni Corporation - India
- Maheswari Brothers Coal Limited - India
- Renaissance Capital - South Africa
- Independent Power Producers Association of India
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- ICICI Bank Limited - India
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- Minerals Council of Australia
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- Indian Energy Exchange, India
- Parry Sugars Refinery, India
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