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Friday, 03 December 10
INDONESIAN LOW RANK COAL IS ATTRACTING COAL BUYERS FROM INDIA AND CHINA
 COALspot.com - Bhakti Energi Persada has sold out its whole coal production until the end of 2011, Jeffry Mulyono said during McCloskey Asia Pacific Coal Outlook Conference 2010, which was held in the island of Bali during 1 - 2 December 2010. Mr. Jeffry, the president director of Bhakti Energi Persada further said, Low rank coal of Indonesia was already attracting end-users from China and India.
Bhakti began producing low rank coal from its mine in Muara Wahau region, East Kalimantan since 2009. 2010 productions have reached to 0.7 mln tons and around 1.5 million tons will be produced by next year. Bhakti Energi's coal deposit is one of the largest compare to other coal mines in Indonesia. According to Jeffry Mulyono, Bhakti has coal reserves of 5.7 billion tonnes, and it will last for several decades. MEC, a Dubai based energy company is also having the coal concession in Muara wahau region and claimed the coal deposit is more than 1 billion tons. MEC in the process to build railway lines to transport the coal to its coal terminal which is also in plan to build to load panamax to cape size vessels.
Jeffry told during his presentation, the company also studying coal drying or CUB to upgrade part of its production. According to him a unit of UCB plant can upgrade about 1 million tons of coal per annum. Part of upgraded coal also could be blended with non upgraded coal to fulfill buyer's requirements.
The cost of upgrading coal of Bhakti is estimated at $ 9 per ton, excluding capital expenditure, Jeffry replied for a question from the floor. Indonesian government may provide additional incentives for low rank coal producers, and it may allow miners to sell low-rank coal below Indonesian coal price reference. Other miners are required to sell their coal higher or equal to government declared coal price reference.
Government has declared US$ 23.60 per MT for 2,995 GAR coal in November. Meantime, Government has fixed US$ 102.86 for 7000 GAR coal for the same month. Indonesian coal price for November was US$ 95.51 per MT basis 6,322 GAR .
The reference price for December is expected to increase, as the international indices which were used to calculate Indonesian coal price reference are seeming to be high during November compared to end of October 2010.(cs)
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Tuesday, 04 January 11
BALI, INDONESIA HOST OF WORLD RENEWABLE ENERGY AND ENERGY EFFICIENCY CONFERENCE
Press Release - Indonesian Renewable Energy Society (METI – IRES) has launched the plan for organizing the international gathering ...
Tuesday, 04 January 11
DRY BULK MARKET TO RANGE BETWEEN 1,700 AND 2,600 POINTS IN THE FIRST QUARTER OF 2011, ANALYSTS SAY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
As we entered 2011, ship owners and analysts, as well as shipbrokers are looking into their “crystal balls” to try to decode the dry bul ...
Monday, 03 January 11
TAXATION FOR COAL MINING COMPANIES IN INDONESIA - A TAX EXPERTS VIEW
COALspot.com - Mrs. Sri Wahyuni Sujono, managing partner of SF Consulting has wrote an exclusive report regarding taxation for coal mining companies ...
Sunday, 02 January 11
JAISWAL TO SEEK COAL MINES IN AFRICA - HINDUSTAN TIMES
Coal Minister Sriprakash Jaiswal will talk with his counterparts in South Africa and Mozambique during his visit from January 5 to secure coal asset ...
Saturday, 01 January 11
COAL PRODUCTION EXPECTED TO EXCEED 340 MILLION TONS THIS YEAR - THE JAKARTA POST
The Jakarta Post reported that, Indonesian coal miners expect to produce 340 million tons of coal in 2011, an increase of 23 percent from 275 millio ...
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- Kohat Cement Company Ltd. - Pakistan
- PNOC Exploration Corporation - Philippines
- Heidelberg Cement - Germany
- Neyveli Lignite Corporation Ltd, - India
- The University of Queensland
- Simpson Spence & Young - Indonesia
- Dalmia Cement Bharat India
- The Treasury - Australian Government
- Renaissance Capital - South Africa
- Timah Investasi Mineral - Indoneisa
- Bahari Cakrawala Sebuku - Indonesia
- Chamber of Mines of South Africa
- Karbindo Abesyapradhi - Indoneisa
- ICICI Bank Limited - India
- Port Waratah Coal Services - Australia
- Ministry of Mines - Canada
- Carbofer General Trading SA - India
- Toyota Tsusho Corporation, Japan
- Pendopo Energi Batubara - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Coal and Oil Company - UAE
- Orica Mining Services - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Meenaskhi Energy Private Limited - India
- Jindal Steel & Power Ltd - India
- Attock Cement Pakistan Limited
- VISA Power Limited - India
- Edison Trading Spa - Italy
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Goldman Sachs - Singapore
- Bhatia International Limited - India
- Rio Tinto Coal - Australia
- GAC Shipping (India) Pvt Ltd
- Sakthi Sugars Limited - India
- Billiton Holdings Pty Ltd - Australia
- Kobexindo Tractors - Indoneisa
- Makarim & Taira - Indonesia
- PowerSource Philippines DevCo
- MS Steel International - UAE
- Straits Asia Resources Limited - Singapore
- Central Java Power - Indonesia
- Sindya Power Generating Company Private Ltd
- Altura Mining Limited, Indonesia
- Kapuas Tunggal Persada - Indonesia
- Economic Council, Georgia
- Holcim Trading Pte Ltd - Singapore
- Wilmar Investment Holdings
- Bhoruka Overseas - Indonesia
- Savvy Resources Ltd - HongKong
- Mercator Lines Limited - India
- India Bulls Power Limited - India
- Bulk Trading Sa - Switzerland
- Bayan Resources Tbk. - Indonesia
- Kaltim Prima Coal - Indonesia
- Energy Development Corp, Philippines
- Sical Logistics Limited - India
- Anglo American - United Kingdom
- Gujarat Mineral Development Corp Ltd - India
- OPG Power Generation Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- South Luzon Thermal Energy Corporation
- Georgia Ports Authority, United States
- Trasteel International SA, Italy
- Formosa Plastics Group - Taiwan
- Oldendorff Carriers - Singapore
- Kartika Selabumi Mining - Indonesia
- Tata Chemicals Ltd - India
- Australian Commodity Traders Exchange
- Thai Mozambique Logistica
- PetroVietnam Power Coal Import and Supply Company
- Merrill Lynch Commodities Europe
- PTC India Limited - India
- Price Waterhouse Coopers - Russia
- Kalimantan Lumbung Energi - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Bangladesh Power Developement Board
- TeaM Sual Corporation - Philippines
- Karaikal Port Pvt Ltd - India
- Marubeni Corporation - India
- Sree Jayajothi Cements Limited - India
- Cigading International Bulk Terminal - Indonesia
- Energy Link Ltd, New Zealand
- Therma Luzon, Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Tamil Nadu electricity Board
- GVK Power & Infra Limited - India
- ASAPP Information Group - India
- Orica Australia Pty. Ltd.
- Sojitz Corporation - Japan
- Chettinad Cement Corporation Ltd - India
- Singapore Mercantile Exchange
- Ind-Barath Power Infra Limited - India
- Standard Chartered Bank - UAE
- Banpu Public Company Limited - Thailand
- Essar Steel Hazira Ltd - India
- Posco Energy - South Korea
- Parry Sugars Refinery, India
- Maheswari Brothers Coal Limited - India
- SN Aboitiz Power Inc, Philippines
- Coastal Gujarat Power Limited - India
- Gujarat Electricity Regulatory Commission - India
- Globalindo Alam Lestari - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Riau Bara Harum - Indonesia
- McConnell Dowell - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Central Electricity Authority - India
- Iligan Light & Power Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bharathi Cement Corporation - India
- Binh Thuan Hamico - Vietnam
- Ministry of Finance - Indonesia
- SMG Consultants - Indonesia
- Electricity Generating Authority of Thailand
- New Zealand Coal & Carbon
- Latin American Coal - Colombia
- Africa Commodities Group - South Africa
- Parliament of New Zealand
- Videocon Industries ltd - India
- Grasim Industreis Ltd - India
- Semirara Mining Corp, Philippines
- Uttam Galva Steels Limited - India
- Eastern Coal Council - USA
- AsiaOL BioFuels Corp., Philippines
- Semirara Mining and Power Corporation, Philippines
- Petron Corporation, Philippines
- Aditya Birla Group - India
- Malabar Cements Ltd - India
- Xindia Steels Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Indonesian Coal Mining Association
- Romanian Commodities Exchange
- Antam Resourcindo - Indonesia
- Gujarat Sidhee Cement - India
- Pipit Mutiara Jaya. PT, Indonesia
- Mercuria Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- CIMB Investment Bank - Malaysia
- Australian Coal Association
- TNB Fuel Sdn Bhd - Malaysia
- Minerals Council of Australia
- Indika Energy - Indonesia
- Bhushan Steel Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SMC Global Power, Philippines
- Wood Mackenzie - Singapore
- Kepco SPC Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Jaiprakash Power Ventures ltd
- Bukit Baiduri Energy - Indonesia
- Indian Oil Corporation Limited
- Deloitte Consulting - India
- Leighton Contractors Pty Ltd - Australia
- Electricity Authority, New Zealand
- Miang Besar Coal Terminal - Indonesia
- IEA Clean Coal Centre - UK
- Siam City Cement - Thailand
- Planning Commission, India
- Borneo Indobara - Indonesia
- Indian Energy Exchange, India
- Bukit Asam (Persero) Tbk - Indonesia
- Power Finance Corporation Ltd., India
- International Coal Ventures Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Global Coal Blending Company Limited - Australia
- Eastern Energy - Thailand
- Global Green Power PLC Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- The State Trading Corporation of India Ltd
- Mjunction Services Limited - India
- White Energy Company Limited
- Ministry of Transport, Egypt
- Mintek Dendrill Indonesia
- Rashtriya Ispat Nigam Limited - India
- Sarangani Energy Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- GMR Energy Limited - India
- London Commodity Brokers - England
- Medco Energi Mining Internasional
- Vedanta Resources Plc - India
- Global Business Power Corporation, Philippines
- Baramulti Group, Indonesia
- Lanco Infratech Ltd - India
- Kumho Petrochemical, South Korea
- Interocean Group of Companies - India
- Meralco Power Generation, Philippines
- Madhucon Powers Ltd - India
- Metalloyd Limited - United Kingdom
- LBH Netherlands Bv - Netherlands
- Thiess Contractors Indonesia
- Kideco Jaya Agung - Indonesia
- Star Paper Mills Limited - India
- San Jose City I Power Corp, Philippines
- Samtan Co., Ltd - South Korea
- Barasentosa Lestari - Indonesia
- Larsen & Toubro Limited - India
- Agrawal Coal Company - India
- Ambuja Cements Ltd - India
- Coalindo Energy - Indonesia
- Indogreen Group - Indonesia
- IHS Mccloskey Coal Group - USA
- Salva Resources Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Independent Power Producers Association of India
- European Bulk Services B.V. - Netherlands
- Manunggal Multi Energi - Indonesia
- Cement Manufacturers Association - India
- Siam City Cement PLC, Thailand
- Bukit Makmur.PT - Indonesia
- CNBM International Corporation - China
- Commonwealth Bank - Australia
- Vizag Seaport Private Limited - India
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