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Monday, 16 August 10
INDONESIA'S PLN SECURED COAL SUPPLIES, LESS IMPACT BY RAINS
COALspot.com: Indonesian State Electricity Company, PT Perusahaan Listrik Negara (PLN), has secured coal supplies for all of its power plants except Labuan plant. Labuan's coal stocks have fallen below the normal level.
Nur Pamudji, Director of Primary Energy PLN, said that PLN always keeps coal stocks enough for 30-day consumption. “Currently, most of the coal based power plants are having coal stocks for 30-day consumption, except the Labuan plant's stock has fallen below the normal level or stocks are enough only for 10-day consumption,” he said. Existing suppliers of Labuan plant have defaulted on their contractual commitment due to rains.
PLN has conducted spot tenders to procurement of coal in order to increase the stock at Labuan plant in Banten, which operates 2x300 mw plants.
PLN has called for a tender to supply total of 176,000 MT in four lots. 1st lot of 48,000 MT has already supplied in July 2010, the remaining two X 48,000 MT lots will be supplied within in this month and last lot of 32,000 MT by the end of August 2010.
According to Nur, PLN able to secured coal between Indonesian Rupiah 480.000 - 500,000 per ton which is below coal price reference. “The suppliers who have failed to supply cargo to Labuan plant under existing contract, will be punished as per contract term, even though the failure was due to bad weather” he further said.
-- Efendi --
To contact the reporter on this news: Efendi in Jakarta at efendi@coalspot.com
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Monday, 13 December 10
ICE FUTURES EUROPE TO LAUNCH IHS MCCLOSKEY INDONESIAN SUB-BITUMINOUS FOB MARKER COAL CONTRACTS - MONDOVISIONE
Mondovisione reported that, IntercontinentalExchange (NYSE: ICE), a leading operator of global regulated futures exchanges, clearing houses and over ...
Monday, 13 December 10
NALCO TO START WORK ON RS 18K CR ($ 4,010,695,091) INDONESIAN PROJECT BY JUNE - MSN
MSN reported that, State-owned NALCO today said it has selected UAE-based RAK Minerals as JV partner for its Rs 18,000 crore (US$ 4,010,695,091 ...
Monday, 13 December 10
DEUTSCHE BANK RAISES COAL FORECASTS ON MARKET SHORTAGE - BLOOMBERG
Deutsche Bank AG raised price forecasts for thermal coal by as much as 17 percent on expectations that a shortage of the fuel will widen over the ne ...
Monday, 13 December 10
K SERA SERA TO SPEND RS325CR TO BUY COAL,OIL & GAS FIRMS STAKE - LIVE MINT
The company might have to dole out around Rs 225 crore (US$ 50,122,522) for picking up the majority stake in the coal mine in Indonesia and around R ...
Thursday, 09 December 10
OVERSUPPLY OF SHIPS BOUND TO KEEP DRY BULK FREIGHT RATES SUBDUED DURING 2011 SAYS BIMCO - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
An oversupply of vessels is expected to keep freight rates from flying as high as in recent years said a relative shipping report from BIMCO’s ...
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- Anglo American - United Kingdom
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- Eastern Coal Council - USA
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- Leighton Contractors Pty Ltd - Australia
- Medco Energi Mining Internasional
- Jindal Steel & Power Ltd - India
- Ministry of Transport, Egypt
- Tata Chemicals Ltd - India
- Singapore Mercantile Exchange
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- Price Waterhouse Coopers - Russia
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- GAC Shipping (India) Pvt Ltd
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- Xindia Steels Limited - India
- Samtan Co., Ltd - South Korea
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- Australian Commodity Traders Exchange
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- South Luzon Thermal Energy Corporation
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- Kepco SPC Power Corporation, Philippines
- GVK Power & Infra Limited - India
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- Power Finance Corporation Ltd., India
- McConnell Dowell - Australia
- PowerSource Philippines DevCo
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- Energy Development Corp, Philippines
- Tamil Nadu electricity Board
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- Kobexindo Tractors - Indoneisa
- Romanian Commodities Exchange
- Coal and Oil Company - UAE
- Mercator Lines Limited - India
- Global Business Power Corporation, Philippines
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- Australian Coal Association
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- Cement Manufacturers Association - India
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Star Paper Mills Limited - India
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- Global Coal Blending Company Limited - Australia
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- Chettinad Cement Corporation Ltd - India
- Formosa Plastics Group - Taiwan
- Energy Link Ltd, New Zealand
- Larsen & Toubro Limited - India
- Wilmar Investment Holdings
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- Sojitz Corporation - Japan
- Lanco Infratech Ltd - India
- Global Green Power PLC Corporation, Philippines
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- Maharashtra Electricity Regulatory Commission - India
- Bangladesh Power Developement Board
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- The State Trading Corporation of India Ltd
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