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Friday, 05 November 10
RI COAL EXPORT PROSPECTS STILL BRIGHT - THE JAKARTA POST
 The Jakarta Post reported that, Indonesia, already the world’s largest exporter of seaborne thermal coal since 2005, will continue to be a major supplier to the Asian market even though the quality of its coal reserves has declined to sub-bituminous and even liqnite or lower-rank coal, Garibaldi Thohir, the chief executive officer of publicly listed PT Adaro Energy, said here Wednesday.
“First of all, the biggest international market for coal now is Asia, notably China and India, which are practically on our doorstep,” said Thohir who was here to receive several awards for Adaro Energy at the 2010 Platts Top 250 Global Energy Company Rankings on Tuesday evening.
The ninth annual Platts 250 Global Energy Company Rankings measures companies’ financial performance using four key metrics: asset worth, revenues, profits, and return on invested capital. And to be ranked, companies must have assets greater than US$3 billion.
Thohir said the high economic growth in China and India, which made these countries hungry for natural-resource commodities, notably energy, had drastically changed the international coal market.
Asia now accounts for more than 65 percent of global coal consumption.
Platts analyst James 0’Connell quoted The Australian Bureau of Agricultural and Resource Economics (Abare), a government research agency, as saying recently that India, the fastest growing importer of thermal coal, will import almost 70 million tons this year.
“Indian imports will expand to more than 77 million tons next year as 18.8 GW in additional capacity of power generation is expected to be completed next March,” Abare estimated in a report in June.
O’Connell said China, with an annual production already exceeding 3 billion tons, will still import almost 100 million tons this year and 103 million tons next year to fire its huge power generation industry.
Another Indonesian competitive advantage, according to Thohir, is that Indonesia has very low production costs as most of its 95 billion tons of reserves allow for open-cast mining, he added.
Yet most important, he added, “our coals produce very low emissions of sulphur, nitrogen oxides and wastes. The benefits of all this for users is that our coal would reduce the costs of their equipment maintenance and ash disposal”.
Indonesian coal exports are estimated by the coal miners association at about 200 million tons this year, much lower than the original projection due to the unusually heavy rainfalls that have affected mining operations.
Andre Mamuaya, Adaro Director and Corporate Secretary, said Indonesian domestic coal consumption would also increase steadily as the country is expanding the capacity of its coal-fired power generation to reduce dependence on oil.
“The State Electricity Company [PLN] now uses only about 40 million to 42 million tons of coal per year. But this volume could double within the next five years as several new coal-fired power stations come on stream”, Mamuaya added.
The Ministry of Mines and Energy recently revealed the government program to convert diesel-fired power plants with a combined capacity of around 8,000 MW into coal-fired plants.
Most of the additional 10,000 MW new capacity being built under the first crash power program which was launched in 2006 is also based on coal.
Based on the government’s energy plan, the state electricity company (PLN) will generate more than 50 percent of its output with coal.
Source: The Jakarta Post (By:Vincent Lingga)
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Monday, 04 October 10
2 BLN TONS OF COAL RESERVES DISCOVERED IN SOUTHERN PAKISTAN - XINHUA / HELLENIC SHIPPING
Xinhua and Hellenic Shipping reporte dhtat, the discovery of at least two billion tons of usable coal reserves has been confirmed in one of the ...
Sunday, 03 October 10
THE BDI WAS JUST INCREASED BY 8 POINTS AND CLOSED AT 2452 POINTS LAST FRIDAY - VISTAAR
COALspot.com: The BDI was almost at same levels and just increased by 8 points and closed at 2452 points , however the cape index was up by al ...
Sunday, 03 October 10
NALCO TO FINALIZE INDONESIA COAL DEAL BY JANUARY - HINDUSTAN TIMES
HindustanTimes reported that, state-owned National Aluminium Company (NALCO) will finalise a deal with a coal source in Indonesia for its $4 billion ...
Sunday, 03 October 10
INDONESIA WILL BECOME A NET IMPORTER OF ENERGY IN 2030 - BPPT
Jakarta Updates reported that,Indonesian Agency for the Assessment and Application of Technology (BPPT) predicted that the energy situation in Indon ...
Saturday, 02 October 10
FOUR INDONESIAN COAL FIRMS KEEN TO TIE UP WITH NALCO - SIFY
Sify reported that, Four Indonesian coal companies have shown interest to tie up with public sector National Aluminium Company (Nalco) for its 4 bil ...
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- Trasteel International SA, Italy
- Deloitte Consulting - India
- ASAPP Information Group - India
- Star Paper Mills Limited - India
- Semirara Mining and Power Corporation, Philippines
- Indogreen Group - Indonesia
- CIMB Investment Bank - Malaysia
- GAC Shipping (India) Pvt Ltd
- Krishnapatnam Port Company Ltd. - India
- International Coal Ventures Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Antam Resourcindo - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Directorate Of Revenue Intelligence - India
- Kapuas Tunggal Persada - Indonesia
- Toyota Tsusho Corporation, Japan
- Globalindo Alam Lestari - Indonesia
- Sakthi Sugars Limited - India
- Meenaskhi Energy Private Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Parry Sugars Refinery, India
- LBH Netherlands Bv - Netherlands
- TeaM Sual Corporation - Philippines
- Binh Thuan Hamico - Vietnam
- Karaikal Port Pvt Ltd - India
- Africa Commodities Group - South Africa
- The State Trading Corporation of India Ltd
- Rio Tinto Coal - Australia
- Mercuria Energy - Indonesia
- Indian Energy Exchange, India
- Parliament of New Zealand
- Renaissance Capital - South Africa
- Interocean Group of Companies - India
- PNOC Exploration Corporation - Philippines
- ICICI Bank Limited - India
- GMR Energy Limited - India
- Georgia Ports Authority, United States
- Planning Commission, India
- Dalmia Cement Bharat India
- Samtan Co., Ltd - South Korea
- Chettinad Cement Corporation Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Power Finance Corporation Ltd., India
- India Bulls Power Limited - India
- MS Steel International - UAE
- Kohat Cement Company Ltd. - Pakistan
- Central Electricity Authority - India
- Formosa Plastics Group - Taiwan
- Maheswari Brothers Coal Limited - India
- Heidelberg Cement - Germany
- PTC India Limited - India
- McConnell Dowell - Australia
- PetroVietnam Power Coal Import and Supply Company
- Malabar Cements Ltd - India
- Coastal Gujarat Power Limited - India
- Marubeni Corporation - India
- Agrawal Coal Company - India
- Timah Investasi Mineral - Indoneisa
- OPG Power Generation Pvt Ltd - India
- Eastern Coal Council - USA
- Petrochimia International Co. Ltd.- Taiwan
- Australian Coal Association
- Commonwealth Bank - Australia
- Semirara Mining Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sree Jayajothi Cements Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Cement Manufacturers Association - India
- Ministry of Transport, Egypt
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ceylon Electricity Board - Sri Lanka
- Riau Bara Harum - Indonesia
- Energy Link Ltd, New Zealand
- Orica Mining Services - Indonesia
- The Treasury - Australian Government
- Indonesian Coal Mining Association
- Thiess Contractors Indonesia
- Straits Asia Resources Limited - Singapore
- Gujarat Sidhee Cement - India
- South Luzon Thermal Energy Corporation
- TNB Fuel Sdn Bhd - Malaysia
- Mintek Dendrill Indonesia
- Kumho Petrochemical, South Korea
- Metalloyd Limited - United Kingdom
- Edison Trading Spa - Italy
- Mjunction Services Limited - India
- Global Green Power PLC Corporation, Philippines
- Makarim & Taira - Indonesia
- Bangladesh Power Developement Board
- SN Aboitiz Power Inc, Philippines
- Economic Council, Georgia
- Bulk Trading Sa - Switzerland
- Indo Tambangraya Megah - Indonesia
- Siam City Cement - Thailand
- Salva Resources Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Uttam Galva Steels Limited - India
- AsiaOL BioFuels Corp., Philippines
- Alfred C Toepfer International GmbH - Germany
- Anglo American - United Kingdom
- Banpu Public Company Limited - Thailand
- Bukit Baiduri Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Maharashtra Electricity Regulatory Commission - India
- Aboitiz Power Corporation - Philippines
- Vizag Seaport Private Limited - India
- Attock Cement Pakistan Limited
- Orica Australia Pty. Ltd.
- Karbindo Abesyapradhi - Indoneisa
- Aditya Birla Group - India
- Baramulti Group, Indonesia
- Jaiprakash Power Ventures ltd
- VISA Power Limited - India
- IHS Mccloskey Coal Group - USA
- Therma Luzon, Inc, Philippines
- Grasim Industreis Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Siam City Cement PLC, Thailand
- Essar Steel Hazira Ltd - India
- San Jose City I Power Corp, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Standard Chartered Bank - UAE
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Barasentosa Lestari - Indonesia
- Tata Chemicals Ltd - India
- Latin American Coal - Colombia
- Electricity Authority, New Zealand
- Miang Besar Coal Terminal - Indonesia
- Sojitz Corporation - Japan
- Bayan Resources Tbk. - Indonesia
- Indian Oil Corporation Limited
- Altura Mining Limited, Indonesia
- Billiton Holdings Pty Ltd - Australia
- Romanian Commodities Exchange
- Bukit Makmur.PT - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Oldendorff Carriers - Singapore
- Leighton Contractors Pty Ltd - Australia
- Mercator Lines Limited - India
- Chamber of Mines of South Africa
- SMC Global Power, Philippines
- Bhoruka Overseas - Indonesia
- Coalindo Energy - Indonesia
- Australian Commodity Traders Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sinarmas Energy and Mining - Indonesia
- Price Waterhouse Coopers - Russia
- Goldman Sachs - Singapore
- IEA Clean Coal Centre - UK
- Medco Energi Mining Internasional
- Videocon Industries ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Carbofer General Trading SA - India
- Pendopo Energi Batubara - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Sindya Power Generating Company Private Ltd
- Kaltim Prima Coal - Indonesia
- Madhucon Powers Ltd - India
- Singapore Mercantile Exchange
- White Energy Company Limited
- Bharathi Cement Corporation - India
- Central Java Power - Indonesia
- Kideco Jaya Agung - Indonesia
- Minerals Council of Australia
- Ministry of Finance - Indonesia
- CNBM International Corporation - China
- Jindal Steel & Power Ltd - India
- Wilmar Investment Holdings
- Global Business Power Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Energy Development Corp, Philippines
- Bhatia International Limited - India
- Indika Energy - Indonesia
- Thai Mozambique Logistica
- Sarangani Energy Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- GVK Power & Infra Limited - India
- Kepco SPC Power Corporation, Philippines
- Merrill Lynch Commodities Europe
- Intertek Mineral Services - Indonesia
- Sical Logistics Limited - India
- Ministry of Mines - Canada
- Iligan Light & Power Inc, Philippines
- Electricity Generating Authority of Thailand
- SMG Consultants - Indonesia
- Eastern Energy - Thailand
- The University of Queensland
- Savvy Resources Ltd - HongKong
- Simpson Spence & Young - Indonesia
- Borneo Indobara - Indonesia
- Manunggal Multi Energi - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- London Commodity Brokers - England
- Coal and Oil Company - UAE
- Lanco Infratech Ltd - India
- Tamil Nadu electricity Board
- Independent Power Producers Association of India
- New Zealand Coal & Carbon
- Bhushan Steel Limited - India
- Gujarat Electricity Regulatory Commission - India
- Petron Corporation, Philippines
- Xindia Steels Limited - India
- Ind-Barath Power Infra Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Ambuja Cements Ltd - India
- Kartika Selabumi Mining - Indonesia
- Larsen & Toubro Limited - India
- Posco Energy - South Korea
- PowerSource Philippines DevCo
- Meralco Power Generation, Philippines
- Wood Mackenzie - Singapore
- Vedanta Resources Plc - India
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