COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Wednesday, 15 December 10
GOVT SETS NEW MINIMUM LEVEL FOR DOMESTIC MARKET SALES - THE JAKARTA POST


The Jakarta Post reported that, Indonesian coal producers are required to sell at least 24.17 percent of their production to the domestic market next year under the new coal domestic market obligation (DMO) regulation issued by the government on Tuesday.

The Energy and Mineral Resources Ministry said that the determination of the minimum coal volume to be sold to the domestic market was needed to ensure that there would be a shortage of supply at home.

The coal should be sold under the government’s benchmark price which is fixed monthly. The government set the DMO at 24.75 percent for 2010.

The regulation will affect 53 coal mining companies involving 42 coal contracts of work (PKP2B), state owned company PT Bukit Asam and 10 mining right (KP) and mining license (IUP) holders. Included under the PKP2B category are coal giants PT Adaro Indonesia, PT Arutmin Indonesia, PT Berau Coal and PT Kideco Jaya Agung.

The DMO percentage is determined based on projected coal production and projected domestic demand for 2011. The government estimates that coal production will reach 326.65 million tons in 2011, while domestic demand is expected to reach 78.97 million tons.

Of the total 78.97 million tons of coal expected to sold to domestic market, 66.28 million tons would be sold to power plants, 8.86 million tons to the cement industry, 1.97 million tons for textile industry, 0.92 million tons for the fertilizer industry, 0.60 million tons for the pulp industry and 0.34 million tons for metallurgy.

State power utility PT Perusahaan Listrik Negara (PLN) is Indonesia’s largest domestic coal consumer. The government expects to allocate 55.82 million tons of coal to PLN in 2001, or more than 70 percent of total domestic coal consumption.

PLN’s internal estimation is actually lower than the government allocation. Company director for primary energy Nur Pamudji said the firm’s coal consumption was projected to reach 52 million tons next year, a 44 percent increase from 36 million tons this year.

PLN said it would burn more coal next year as it will operate five new coal-fired power plants — the 3x330 megawatt Indramayu power plant in West Java, the 2x315 megawatt Rembang power plant in Central Java, the 625 megawatt Suralaya plant in West Java, the 600 megawatt Paiton plant in East Java and the 2x300 megawatt Lontar plant in Banten.

The second largest consumers of domestic coal are independent power producers (IPPs), which collectively are forecast to consume 8.97 million tons of coal in 2011. Other companies using coal for power generation are PT Freeport Indonesia (0.83 million tons), PT Newmont Nusa Tenggara (0.47 million tons) and PT Pusaka Jaya Palu Power (0.19 million tons).

Companies using coal for metallurgical processes are PT Inco (0.14 million tons) and PT Antam (0.20 million tons).

The government set the coal DMO to secure supply for the domestic market, particularly to PLN, which contributes around 90 percent of power generated in the country. The 2009 mining law stipulates that the government must determine the DMO annually through an Energy and Mineral Resources Ministry decree.
Source: The Jakarta Post



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Friday, 17 December 10
NALCO SHORTLISTS COAL FIRMS FOR INDONESIA PROJECT - BUSINESS-STANDARD
Business-Standard reported that, State-owned NALCO today said it has shortlisted two firms for supply of coal for its Rs 18,000-crore (US$ 3,953,003 ...


Thursday, 16 December 10
LANCO BAGS AUSTRALIAN COAL MINER GRIFFITH - DNA
As part of its strategy to secure coal supplies for meeting its needs in expanding power generation capacities, infrastructure major Lanco Infratech ...


Thursday, 16 December 10
COAL INDIA IN TALKS WITH INDONESIAN CO TO BUY ITS COAL MINES - APN NEWS
APN News reported that, World’s largest coal producer Coal India is in talks with Indonesia’s Sinar Mas Group for acquiring coal mines i ...


Wednesday, 15 December 10
CAPESIZE RATES ARE NOW AT THEIR LOWEST LEVEL SINCE AUGUST
It was a repeat performance for the market this week, with another increase in earnings for the small sizes but a sharp drop for the Capes. Overall ...


Wednesday, 15 December 10
LARGE ORDERBOOK TO HINDER 2011 DRY BULK MARKET REBOUND DESPITE INCREASED DEMAND SAYS PARAGON SHIPPING - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
A large orderbook which currently stands at 53% of the existing fleet is expected to render 2011 another challenging year for the dry bulk marke ...


   1096 1097 1098 1099 1100   
Showing 5486 to 5490 news of total 6871
News by Category
Popular News
 
Total Members : 28,697
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Adani Power Ltd - India
  • Bukit Asam (Persero) Tbk - Indonesia
  • U S Energy Resources
  • Petrochimia International Co. Ltd.- Taiwan
  • GVK Power & Infra Limited - India
  • Vale Mozambique
  • Platou - Singapore
  • Bukit Makmur.PT - Indonesia
  • Indorama - Singapore
  • Barasentosa Lestari - Indonesia
  • Anglo American - United Kingdom
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Coalindo Energy - Indonesia
  • Antam Resourcindo - Indonesia
  • India Bulls Power Limited - India
  • OPG Power Generation Pvt Ltd - India
  • Coastal Gujarat Power Limited - India
  • Coal India Limited
  • Thai Mozambique Logistica
  • Ministry of Finance - Indonesia
  • GMR Energy Limited - India
  • OCBC - Singapore
  • Bhoruka Overseas - Indonesia
  • Indo Tambangraya Megah - Indonesia
  • The India Cements Ltd
  • Salva Resources Pvt Ltd - India
  • Gujarat Electricity Regulatory Commission - India
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • EIA - United States
  • PNOC Exploration Corporation - Philippines
  • The University of Queensland
  • WorleyParsons
  • Altura Mining Limited, Indonesia
  • VISA Power Limited - India
  • Tamil Nadu electricity Board
  • Indian Oil Corporation Limited
  • NALCO India
  • The State Trading Corporation of India Ltd
  • Mitsui
  • Sucofindo - Indonesia
  • BNP Paribas - Singapore
  • Merrill Lynch Bank
  • Reliance Power - India
  • Barclays Capital - USA
  • Holcim Trading Pte Ltd - Singapore
  • IHS Mccloskey Coal Group - USA
  • SRK Consulting
  • Cardiff University - UK
  • Asia Cement - Taiwan
  • Savvy Resources Ltd - HongKong
  • Vitol - Bahrain
  • Standard Chartered Bank - UAE
  • Star Paper Mills Limited - India
  • Indian Energy Exchange, India
  • Sinarmas Energy and Mining - Indonesia
  • London Commodity Brokers - England
  • Bahari Cakrawala Sebuku - Indonesia
  • Grasim Industreis Ltd - India
  • Kobe Steel Ltd - Japan
  • Sical Logistics Limited - India
  • Xindia Steels Limited - India
  • Eastern Coal Council - USA
  • Kepco SPC Power Corporation, Philippines
  • KEPCO - South Korea
  • Australian Commodity Traders Exchange
  • Enel Italy
  • Energy Development Corp, Philippines
  • Samtan Co., Ltd - South Korea
  • Latin American Coal - Colombia
  • Romanian Commodities Exchange
  • ASAPP Information Group - India
  • Sojitz Corporation - Japan
  • Tata Power - India
  • Platts
  • Petron Corporation, Philippines
  • Kideco Jaya Agung - Indonesia
  • Bank of China, Malaysia
  • Panama Canal Authority
  • Coeclerici Indonesia
  • UOB Asia (HK) Ltd
  • Rashtriya Ispat Nigam Limited - India
  • ANZ Bank - Australia
  • Thomson Reuters GRC
  • Indonesian Coal Mining Association
  • Ince & co LLP
  • Kobexindo Tractors - Indoneisa
  • Siam City Cement PLC, Thailand
  • Trasteel International SA, Italy
  • Oldendorff Carriers - Singapore
  • Jatenergy - Australia
  • EMO - The Netherlands
  • ICICI Bank Limited - India
  • Asian Development Bank
  • Makarim & Taira - Indonesia
  • Uttam Galva Steels Limited - India
  • Cemex - Philippines
  • Freeport Indonesia
  • GHCL Limited - India
  • Krishnapatnam Port Company Ltd. - India
  • Ind-Barath Power Infra Limited - India
  • SASOL - South Africa
  • Arutmin Indonesia
  • Bayan Resources Tbk. - Indonesia
  • Banpu Public Company Limited - Thailand
  • Cigading International Bulk Terminal - Indonesia
  • Central Java Power - Indonesia
  • GN Power Mariveles Coal Plant, Philippines
  • Straits Asia Resources Limited - Singapore
  • Africa Commodities Group - South Africa
  • Toyota Tsusho Corporation, Japan
  • Ambuja Cements Ltd - India
  • Indonesia Power. PT
  • Gupta Coal India Ltd
  • IEA Clean Coal Centre - UK
  • Mintek Dendrill Indonesia
  • Riau Bara Harum - Indonesia
  • Renaissance Capital - South Africa
  • The Treasury - Australian Government
  • Wood Mackenzie - Singapore
  • Karaikal Port Pvt Ltd - India
  • Kumho Petrochemical, South Korea
  • Timah Investasi Mineral - Indoneisa
  • Semirara Mining Corp, Philippines
  • J M Baxi & Co - India
  • Berau Coal - Indonesia
  • Singapore Mercantile Exchange
  • Permata Bank - Indonesia
  • Energy Link Ltd, New Zealand
  • ING Bank NV - Singapore
  • Rudhra Energy - India
  • McConnell Dowell - Australia
  • NTPC Limited - India
  • PetroVietnam Power Coal Import and Supply Company
  • Indogreen Group - Indonesia
  • Pipit Mutiara Jaya. PT, Indonesia
  • Mechel - Russia
  • Fearnleys - India
  • Goldman Sachs - Singapore
  • APGENCO India
  • Dalmia Cement Bharat India
  • Australian Coal Association
  • Posco Energy - South Korea
  • UBS Singapore
  • Clarksons - UK
  • CoalTek, United States
  • Bukit Baiduri Energy - Indonesia
  • Deloitte Consulting - India
  • Binh Thuan Hamico - Vietnam
  • Siam City Cement - Thailand
  • White Energy Company Limited
  • Japan Coal Energy Center
  • Maharashtra Electricity Regulatory Commission - India
  • McKinsey & Co - India
  • MS Steel International - UAE
  • Neyveli Lignite Corporation Ltd, - India
  • World Bank
  • PTC India Limited - India
  • Eastern Energy - Thailand
  • Coaltrans Conferences
  • New Zealand Coal & Carbon
  • Humpuss - Indonesia
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Agrawal Coal Company - India
  • Global Green Power PLC Corporation, Philippines
  • Indian School of Mines
  • globalCOAL - UK
  • Larsen & Toubro Limited - India
  • Power Finance Corporation Ltd., India
  • PLN Batubara - Indonesia
  • CIMB Investment Bank - Malaysia
  • Global Business Power Corporation, Philippines
  • Parry Sugars Refinery, India
  • Credit Suisse - India
  • IOL Indonesia
  • Deutsche Bank - India
  • Kohat Cement Company Ltd. - Pakistan
  • Sarangani Energy Corporation, Philippines
  • Electricity Authority, New Zealand
  • Formosa Plastics Group - Taiwan
  • Directorate Of Revenue Intelligence - India
  • Kalimantan Lumbung Energi - Indonesia
  • Globalindo Alam Lestari - Indonesia
  • Malabar Cements Ltd - India
  • Lanco Infratech Ltd - India
  • Jaiprakash Power Ventures ltd
  • Meralco Power Generation, Philippines
  • Sindya Power Generating Company Private Ltd
  • TANGEDCO India
  • Chamber of Mines of South Africa
  • Essar Steel Hazira Ltd - India
  • Total Coal South Africa
  • DBS Bank - Singapore
  • IBC Asia (S) Pte Ltd
  • Alfred C Toepfer International GmbH - Germany
  • SMC Global Power, Philippines
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Mitsubishi Corporation
  • JPower - Japan
  • ETA - Dubai
  • PLN - Indonesia
  • Jorong Barutama Greston.PT - Indonesia
  • TeaM Sual Corporation - Philippines
  • Baramulti Group, Indonesia
  • Orica Mining Services - Indonesia
  • Economic Council, Georgia
  • BRS Brokers - Singapore
  • Mjunction Services Limited - India
  • HSBC - Hong Kong
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Orica Australia Pty. Ltd.
  • Attock Cement Pakistan Limited
  • Bhatia International Limited - India
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • CCIC - Indonesia
  • Borneo Indobara - Indonesia
  • Metalloyd Limited - United Kingdom
  • Russian Coal LLC
  • CNBM International Corporation - China
  • Moodys - Singapore
  • Directorate General of MIneral and Coal - Indonesia
  • Maybank - Singapore
  • Peabody Energy - USA
  • SMG Consultants - Indonesia
  • Vizag Seaport Private Limited - India
  • Indika Energy - Indonesia
  • Maersk Broker
  • Shree Cement - India
  • Kaltim Prima Coal - Indonesia
  • Bank of America
  • Simpson Spence & Young - Indonesia
  • Maheswari Brothers Coal Limited - India
  • Tata Chemicals Ltd - India
  • SUEK AG - Indonesia
  • Edison Trading Spa - Italy
  • Xstrata Coal
  • Videocon Industries ltd - India
  • Infraline Energy - India
  • KOWEPO - South Korea
  • Malco - India
  • Kapuas Tunggal Persada - Indonesia
  • Sakthi Sugars Limited - India
  • Cebu Energy, Philippines
  • San Jose City I Power Corp, Philippines
  • Medco Energi Mining Internasional
  • Pendopo Energi Batubara - Indonesia
  • Minerals Council of Australia
  • Lafarge - France
  • Intertek Mineral Services - Indonesia
  • TNPL - India
  • Bhushan Steel Limited - India
  • Gujarat Mineral Development Corp Ltd - India
  • Rio Tinto Coal - Australia
  • Ministry of Transport, Egypt
  • Vedanta Resources Plc - India
  • Cargill India Pvt Ltd
  • Chettinad Cement Corporation Ltd - India
  • Coal Orbis AG
  • Aboitiz Power Corporation - Philippines
  • Aditya Birla Group - India
  • bp singapore
  • Maruti Cements - India
  • Thriveni
  • Semirara Mining and Power Corporation, Philippines
  • SN Aboitiz Power Inc, Philippines
  • Cosco
  • Leighton Contractors Pty Ltd - Australia
  • Manunggal Multi Energi - Indonesia
  • CESC Limited - India
  • Georgia Ports Authority, United States
  • Carbofer General Trading SA - India
  • Electricity Generating Authority of Thailand
  • Merrill Lynch Commodities Europe
  • Glencore India Pvt. Ltd
  • Mitra SK Pvt Ltd - India
  • Britmindo - Indonesia
  • Iligan Light & Power Inc, Philippines
  • Adaro Indonesia
  • Wilmar Investment Holdings
  • RBS Sempra - UK
  • Inspectorate - India
  • MEC Coal - Indonesia
  • Inco-Indonesia
  • World Coal - UK
  • Bangkok Bank PCL
  • KPCL - India
  • Coal and Oil Company - UAE
  • Geoservices-GeoAssay Lab
  • ACC Limited - India
  • Thermax Limited - India
  • Cement Manufacturers Association - India
  • Thailand Anthracite
  • Idemitsu - Japan
  • Karbindo Abesyapradhi - Indoneisa
  • Madhucon Powers Ltd - India
  • TRAFIGURA, South Korea
  • AsiaOL BioFuels Corp., Philippines
  • Core Mineral Indonesia
  • Argus Media - Singapore
  • Tanito Harum - Indonesia
  • LBH Netherlands Bv - Netherlands
  • Pinang Coal Indonesia
  • Therma Luzon, Inc, Philippines
  • Shenhua Group - China
  • Runge Indonesia
  • PowerSource Philippines DevCo
  • Port Waratah Coal Services - Australia
  • Gresik Semen - Indonesia
  • Bangladesh Power Developement Board
  • Gujarat Sidhee Cement - India
  • Vijayanagar Sugar Pvt Ltd - India
  • JPMorgan - India
  • Arch Coal - USA
  • Interocean Group of Companies - India
  • Miang Besar Coal Terminal - Indonesia
  • Ernst & Young Pvt. Ltd.
  • Planning Commission, India
  • Samsung - South Korea
  • Asmin Koalindo Tuhup - Indonesia
  • South Luzon Thermal Energy Corporation
  • Commonwealth Bank - Australia
  • SGS (Thailand) Limited
  • PetroVietnam
  • Marubeni Corporation - India
  • Surastha Cement
  • Meenaskhi Energy Private Limited - India
  • KPMG - USA
  • European Bulk Services B.V. - Netherlands
  • GB Group - China
  • Central Electricity Authority - India
  • Billiton Holdings Pty Ltd - Australia
  • Sree Jayajothi Cements Limited - India
  • Kartika Selabumi Mining - Indonesia
  • GNFC Limited - India
  • Mercuria Energy - Indonesia
  • Global Coal Blending Company Limited - Australia
  • Bharathi Cement Corporation - India
  • Thiess Contractors Indonesia
  • Ceylon Electricity Board - Sri Lanka
  • Noble Europe Ltd - UK
  • Jindal Steel & Power Ltd - India
  • TNB Fuel Sdn Bhd - Malaysia
  • Parliament of New Zealand
  • GAC Shipping (India) Pvt Ltd
  • International Coal Ventures Pvt Ltd - India
  • Qatrana Cement - Jordan
  • IMC Shipping - Singapore
  • TGV SRAAC LIMITED, India
  • Petrosea - Indonesia
  • Mercator Lines Limited - India
  • Ministry of Mines - Canada
  • Heidelberg Cement - Germany
  • Bulk Trading Sa - Switzerland
  • Independent Power Producers Association of India
  • Price Waterhouse Coopers - Russia