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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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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 ...
Wednesday, 30 June 10
PTBA TO SUPPLY ADDITIONAL 180 MLN TONS OF COAL TO PLN FOR 20 YEARS
COALspot.com: Indonesia's state-owned coal mining company PT Tambang Batubara Bukit Asam Tbk (PTBA) has entered into a new contract with state owne ...
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- Electricity Authority, New Zealand
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- Singapore Mercantile Exchange
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- SMC Global Power, Philippines
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- Sojitz Corporation - Japan
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- Goldman Sachs - Singapore
- Kideco Jaya Agung - Indonesia
- Kumho Petrochemical, South Korea
- Standard Chartered Bank - UAE
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- Economic Council, Georgia
- Indian Energy Exchange, India
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- Trasteel International SA, Italy
- Electricity Generating Authority of Thailand
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- Ministry of Transport, Egypt
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- Pipit Mutiara Jaya. PT, Indonesia
- Toyota Tsusho Corporation, Japan
- Wood Mackenzie - Singapore
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- Australian Commodity Traders Exchange
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- Africa Commodities Group - South Africa
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- Deloitte Consulting - India
- Indian Oil Corporation Limited
- Bahari Cakrawala Sebuku - Indonesia
- Power Finance Corporation Ltd., India
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- Commonwealth Bank - Australia
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- CIMB Investment Bank - Malaysia
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- Anglo American - United Kingdom
- PowerSource Philippines DevCo
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- GN Power Mariveles Coal Plant, Philippines
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- White Energy Company Limited
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- PTC India Limited - India
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- Renaissance Capital - South Africa
- Samtan Co., Ltd - South Korea
- Star Paper Mills Limited - India
- ASAPP Information Group - India
- Energy Link Ltd, New Zealand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Thiess Contractors Indonesia
- Coastal Gujarat Power Limited - India
- IHS Mccloskey Coal Group - USA
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Tata Chemicals Ltd - India
- Sical Logistics Limited - India
- Indika Energy - Indonesia
- Rio Tinto Coal - Australia
- Merrill Lynch Commodities Europe
- Interocean Group of Companies - India
- Price Waterhouse Coopers - Russia
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- Energy Development Corp, Philippines
- European Bulk Services B.V. - Netherlands
- MS Steel International - UAE
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- Eastern Energy - Thailand
- Metalloyd Limited - United Kingdom
- GAC Shipping (India) Pvt Ltd
- San Jose City I Power Corp, Philippines
- New Zealand Coal & Carbon
- Coal and Oil Company - UAE
- The University of Queensland
- GVK Power & Infra Limited - India
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- Global Business Power Corporation, Philippines
- Siam City Cement PLC, Thailand
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- Minerals Council of Australia
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- Carbofer General Trading SA - India
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- Alfred C Toepfer International GmbH - Germany
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- Medco Energi Mining Internasional
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- IEA Clean Coal Centre - UK
- Directorate General of MIneral and Coal - Indonesia
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- Parliament of New Zealand
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