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Wednesday, 16 June 10
INDONESIAS STATE OWNED ELECTRICITY COMPANY WILL CONSUME 95.30 MILLION TONS OF COAL IN 2014
COALspot.com: Indonesia's state owned electricity company forecasted its coal requirement in 2014 would be around 95 million tons.
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Quality ( Typical)
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2010
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2011
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2012
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2013
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2014
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4,200 Kcal/kg (arb)
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8.20
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25.80
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32.20
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35.4
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44.30
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5,100 Kcal/kg (arb)
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27.70
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28.70
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36.90
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43.20
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42.10
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6,100 Kcal/kg (arb)
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4.90
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4.90
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8.90
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8.90
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8.90
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Total
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40.80
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59.40
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77.00
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87.50
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95.30
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(In million tons)
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The Indonesian domestic coal Requirements will be expected to increase drastically once all the planned power plants commence operation as per schedule. The required coal fuel may not a problem for PLN as DMO was guaranteeing the supply of coal to PLN from mining company by Minister Regulation 34/2009.
The Mining Law 04/2009 provides that the DMO should be set by Government Regulation. The Minister of Energy and mineral resources had already issued PerMen 34/2009 on this matter and followed by government regulation issued in March 2010 provides the legal basis for the Ministerial Regulation.
As per PerMen34, mining companies must comply with the domestic market obligation (DMO) by selling coal to domestic consumers.
Domestic users must submit their forecasted requirements of coal by no later than March of the preceding year. The Minister reviews and calculates the domestic requirements and then, issue a decree on the minimum DMO percentage by no later than June of the preceding year
There are provisions for a minimum floor price for DMO sales, which will be subject to Ministerial Regulation.
Mining companies are allowed to export coal once they meet the domestic Market obligations.
According to forecasted domestic requirement and production of coal, around 25-30 percent of coal produced by Indonesian miners may be allocated to the domestic market and remaining quantity to be allowed for the export Market.
Indonesian mining association is forecasting around 320 million tons of coal will be produced in 2010.
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Friday, 02 July 10
PROPOSED MINERAL RESOURCE RENT TAX - PRESS RELEASE (2)
Press Release: BHP Billiton, Rio Tinto and Xstrata said today that they are encouraged by the Federal Government’s announcement that it propos ...
Friday, 02 July 10
MINERALS RESOURCE TAXATION IN AUSTRALIA - PRESS RELEASE
Press Release : Rio Tinto acknowledges the Australian Government’s announcement that the Resource Super Profits Tax (RSPT) proposal will be re ...
Thursday, 01 July 10
TATA POWER TO RAISE US$300 MILLION THROUGH ITS COAL SPVS TO FUND ADDITIONAL ACQUISITIONS AND / OR REDUCE OUTSTANDING DEBT
Stock Markets Review reported that, Tata Power, India’s largest private power player has signed an agreement to raise US$300 million in Bhira ...
Thursday, 01 July 10
HELLENIC SHIPPING NEWS POLL: THE BDI WILL STAY ABOVE 3,000 POINTS IN THE SECOND HALF OF 2010
When Hellenic Shipping News Worldwide prepared June’s poll asking readers about where do they think that the Baltic Dry Index (BDI) will range ...
Thursday, 01 July 10
PANAMAX MARKETS CONTINUE TO DROP IN ALL BASINS - FEARNLEYS
Handy
Atlantic rates continue to slide with little activity. Supras open in USG get low 30´s to Med and mid 40´s to FEast. Hmax/Supra ...
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Showing 5746 to 5750 news of total 6871 |
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- Orica Mining Services - Indonesia
- Mintek Dendrill Indonesia
- Karaikal Port Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kaltim Prima Coal - Indonesia
- Maheswari Brothers Coal Limited - India
- Dalmia Cement Bharat India
- Trasteel International SA, Italy
- Chamber of Mines of South Africa
- Kartika Selabumi Mining - Indonesia
- Australian Coal Association
- Siam City Cement PLC, Thailand
- Borneo Indobara - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- White Energy Company Limited
- Semirara Mining and Power Corporation, Philippines
- Tata Chemicals Ltd - India
- Videocon Industries ltd - India
- Ministry of Transport, Egypt
- Gujarat Sidhee Cement - India
- Uttam Galva Steels Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Latin American Coal - Colombia
- Mercuria Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Manunggal Multi Energi - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Sinarmas Energy and Mining - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Georgia Ports Authority, United States
- Jorong Barutama Greston.PT - Indonesia
- Bharathi Cement Corporation - India
- Deloitte Consulting - India
- San Jose City I Power Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Binh Thuan Hamico - Vietnam
- Formosa Plastics Group - Taiwan
- Thai Mozambique Logistica
- Coalindo Energy - Indonesia
- Indogreen Group - Indonesia
- Pendopo Energi Batubara - Indonesia
- Bhatia International Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Heidelberg Cement - Germany
- Bangladesh Power Developement Board
- Grasim Industreis Ltd - India
- Electricity Authority, New Zealand
- Indo Tambangraya Megah - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Bhushan Steel Limited - India
- Sical Logistics Limited - India
- Toyota Tsusho Corporation, Japan
- Bukit Makmur.PT - Indonesia
- Larsen & Toubro Limited - India
- The State Trading Corporation of India Ltd
- Lanco Infratech Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Global Coal Blending Company Limited - Australia
- PNOC Exploration Corporation - Philippines
- CIMB Investment Bank - Malaysia
- Global Green Power PLC Corporation, Philippines
- Singapore Mercantile Exchange
- Wood Mackenzie - Singapore
- MS Steel International - UAE
- Ministry of Finance - Indonesia
- Ministry of Mines - Canada
- Central Java Power - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Kobexindo Tractors - Indoneisa
- Romanian Commodities Exchange
- Krishnapatnam Port Company Ltd. - India
- Essar Steel Hazira Ltd - India
- Africa Commodities Group - South Africa
- Sindya Power Generating Company Private Ltd
- Cigading International Bulk Terminal - Indonesia
- Agrawal Coal Company - India
- Wilmar Investment Holdings
- Economic Council, Georgia
- McConnell Dowell - Australia
- GVK Power & Infra Limited - India
- Globalindo Alam Lestari - Indonesia
- Australian Commodity Traders Exchange
- Attock Cement Pakistan Limited
- Holcim Trading Pte Ltd - Singapore
- Eastern Energy - Thailand
- Maharashtra Electricity Regulatory Commission - India
- Neyveli Lignite Corporation Ltd, - India
- PetroVietnam Power Coal Import and Supply Company
- Xindia Steels Limited - India
- Planning Commission, India
- Altura Mining Limited, Indonesia
- Indian Oil Corporation Limited
- Merrill Lynch Commodities Europe
- Medco Energi Mining Internasional
- PowerSource Philippines DevCo
- Vedanta Resources Plc - India
- Directorate Of Revenue Intelligence - India
- Madhucon Powers Ltd - India
- Sakthi Sugars Limited - India
- SMG Consultants - Indonesia
- Metalloyd Limited - United Kingdom
- Commonwealth Bank - Australia
- Marubeni Corporation - India
- Jindal Steel & Power Ltd - India
- Billiton Holdings Pty Ltd - Australia
- CNBM International Corporation - China
- Sree Jayajothi Cements Limited - India
- LBH Netherlands Bv - Netherlands
- Minerals Council of Australia
- Energy Link Ltd, New Zealand
- Interocean Group of Companies - India
- Parliament of New Zealand
- Makarim & Taira - Indonesia
- Port Waratah Coal Services - Australia
- Malabar Cements Ltd - India
- Baramulti Group, Indonesia
- Oldendorff Carriers - Singapore
- Kepco SPC Power Corporation, Philippines
- Global Business Power Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Intertek Mineral Services - Indonesia
- IEA Clean Coal Centre - UK
- TeaM Sual Corporation - Philippines
- Petron Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Carbofer General Trading SA - India
- PTC India Limited - India
- Electricity Generating Authority of Thailand
- Energy Development Corp, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Mjunction Services Limited - India
- Therma Luzon, Inc, Philippines
- The University of Queensland
- Vizag Seaport Private Limited - India
- GAC Shipping (India) Pvt Ltd
- Price Waterhouse Coopers - Russia
- Directorate General of MIneral and Coal - Indonesia
- Orica Australia Pty. Ltd.
- Parry Sugars Refinery, India
- International Coal Ventures Pvt Ltd - India
- Anglo American - United Kingdom
- Leighton Contractors Pty Ltd - Australia
- OPG Power Generation Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- The Treasury - Australian Government
- Bayan Resources Tbk. - Indonesia
- Sarangani Energy Corporation, Philippines
- Antam Resourcindo - Indonesia
- Jaiprakash Power Ventures ltd
- GN Power Mariveles Coal Plant, Philippines
- Coastal Gujarat Power Limited - India
- Mercator Lines Limited - India
- Cement Manufacturers Association - India
- Tamil Nadu electricity Board
- Gujarat Electricity Regulatory Commission - India
- Kohat Cement Company Ltd. - Pakistan
- Bulk Trading Sa - Switzerland
- Bukit Asam (Persero) Tbk - Indonesia
- Goldman Sachs - Singapore
- Eastern Coal Council - USA
- Salva Resources Pvt Ltd - India
- Indonesian Coal Mining Association
- Thiess Contractors Indonesia
- London Commodity Brokers - England
- India Bulls Power Limited - India
- SMC Global Power, Philippines
- GMR Energy Limited - India
- Ambuja Cements Ltd - India
- Siam City Cement - Thailand
- Kapuas Tunggal Persada - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Posco Energy - South Korea
- Samtan Co., Ltd - South Korea
- Aditya Birla Group - India
- Edison Trading Spa - Italy
- New Zealand Coal & Carbon
- Simpson Spence & Young - Indonesia
- Barasentosa Lestari - Indonesia
- Rio Tinto Coal - Australia
- Renaissance Capital - South Africa
- Banpu Public Company Limited - Thailand
- Chettinad Cement Corporation Ltd - India
- Sojitz Corporation - Japan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Iligan Light & Power Inc, Philippines
- Riau Bara Harum - Indonesia
- Timah Investasi Mineral - Indoneisa
- Central Electricity Authority - India
- Ceylon Electricity Board - Sri Lanka
- Standard Chartered Bank - UAE
- Semirara Mining Corp, Philippines
- Kumho Petrochemical, South Korea
- Kideco Jaya Agung - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Star Paper Mills Limited - India
- Ind-Barath Power Infra Limited - India
- European Bulk Services B.V. - Netherlands
- Indian Energy Exchange, India
- Gujarat Mineral Development Corp Ltd - India
- VISA Power Limited - India
- ASAPP Information Group - India
- Independent Power Producers Association of India
- Meralco Power Generation, Philippines
- Savvy Resources Ltd - HongKong
- Coal and Oil Company - UAE
- IHS Mccloskey Coal Group - USA
- ICICI Bank Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Bukit Baiduri Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Meenaskhi Energy Private Limited - India
- Indika Energy - Indonesia
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