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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, 02 August 10
LINC, ADANI COMPLETE THEIR COAL CONNECTION
"THE much-speculated deal between underground coal gasification company Linc Energy and India's Adani Enterprises is set to be signed tomorrow ...
Saturday, 31 July 10
TABONEO ANCHORAGE TO LOAD 1.5 MLN TON OR MORE COAL IN H1 AUGUST
COALspot.com: Eighty five ocean going vessels and barges have been nominated by coal buyers to their respective suppliers in Indonesia to load about ...
Saturday, 31 July 10
SEEMS THE FREIGHT MARKET WOULD BE FAIRLY STABLE FOR H2 2010 - VISTAAR
COALspot.com: The BDI continued moving up since 16th July and rise by 14 pct almost touching 2000 points.
The BDI was up by 7.72 pct last week wh ...
Friday, 30 July 10
DRY BULK MARKET BACK ON THE ROAD TO RECOVERY
Freight rates for dry bulk carriers have continued to edge higher this week, with the industry’s main benchmark, the Baltic Dry Index (BDI) ga ...
Thursday, 29 July 10
GOVT TOO OPTIMISTIC ON IRON, COAL PRICE
Federal government forecasts of continued strength in iron ore and coal prices, which underpin revenue expectations for the proposed new mining tax, ...
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- SN Aboitiz Power Inc, Philippines
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- Australian Commodity Traders Exchange
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- Mercuria Energy - Indonesia
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- Metalloyd Limited - United Kingdom
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- Port Waratah Coal Services - Australia
- Indonesian Coal Mining Association
- ASAPP Information Group - India
- Karbindo Abesyapradhi - Indoneisa
- Siam City Cement - Thailand
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- Sical Logistics Limited - India
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- South Luzon Thermal Energy Corporation
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- Sarangani Energy Corporation, Philippines
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- Bahari Cakrawala Sebuku - Indonesia
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- Tata Chemicals Ltd - India
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- VISA Power Limited - India
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- Indogreen Group - Indonesia
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- Dalmia Cement Bharat India
- IHS Mccloskey Coal Group - USA
- Sinarmas Energy and Mining - Indonesia
- Wood Mackenzie - Singapore
- Merrill Lynch Commodities Europe
- Singapore Mercantile Exchange
- Mercator Lines Limited - India
- Coal and Oil Company - UAE
- Indian Oil Corporation Limited
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- OPG Power Generation Pvt Ltd - India
- Attock Cement Pakistan Limited
- Jorong Barutama Greston.PT - Indonesia
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- Parliament of New Zealand
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- McConnell Dowell - Australia
- Karaikal Port Pvt Ltd - India
- Cement Manufacturers Association - India
- PNOC Exploration Corporation - Philippines
- PTC India Limited - India
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- Ministry of Mines - Canada
- Mjunction Services Limited - India
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