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 ...

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