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Thursday, 13 January 11
SURGING COAL PRICES UNDERMINE PLN'S EFFICIENCY PROGRAM - THE JAKARTA POST
The Jakarta Post reported that, The soaring global coal prices are undermining state electricity company PT PLN's pledge to improve its operational efficiency by cutting its dependency on oil-based fuels and boosting coal usage to fire its power plants.
PLN president director Dahlan Iskan said Thursday that currently, surging coal prices had posed the most dangerous threat to his company as it would increase the company's operational costs and affect the electricity tariff rate.
“Increased coal prices hugely influence PLN's operational costs. We have to buy coal at international market prices although Indonesia is among the largest coal producers in the world,” he said over the phone.
Dahlan added that climbing coal prices might “influence people as a whole”, but declined to explain whether the company would raise the basic electricity tariff to deal with ballooning operational costs.
“Now, we're focusing our energy on finding solutions to prevent the negative impacts of high coal prices,” he said.
The Indonesian Coal Mining Association (APBI) forecasts that domestic coal consumption may reach 78 million tons in 2011. Of that amount, 50 million tons of coal will be utilized to fire PLN's power plants across the country.
According to the Oil and Gas Directorate General at the Energy and Mineral Resources Ministry, the coal reference price stands at US$112 per ton, up 8.6 percent from $103.41 per ton in December.
APBI executive director Supriatna Suhala predicted that the price would stay at between $120 and $130 this year.
Source: The Jakarta Post
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Saturday, 03 September 11
FEW SHIPS REPORTED FIXED FROM INDONESIA TO INDIA - VISTAAR
COALspot.com - The freight market continued the upward trend during last week with BDI up by about 13 pct closing at 1,740 points and cape index up ...
Saturday, 03 September 11
TNPL TO BUY 240K MT OF NON-COKING COAL
COALspot.com - Tamil Nadu Newsprint and Papers Limited (TNPL), is seeking to procure 240,000 MT +/- 5 percent of non-coking imported coal with ...
Friday, 02 September 11
CAPESIZE DEMAND LIFTS DRY BULK MARKET ONCE AGAIN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In what proves to be the best week of the year for Capesize owners, strong demand has helped propel the dry bulk market to new highs yesterday. The ...
Thursday, 01 September 11
EWP TO BUY 195KT OF VIETNAM COAL
COALspot.com - Korea Midland Power (KOMIPO) has issued an International open bidding for 490kt of sub bituminous coal, according to a bid invitation ...
Thursday, 01 September 11
DRY BULK MARKET TAKES GREAT LEAP FORWARD - NIKOS ROUSSANOGLOU
In what turned out to be a rather hopeful ending of the month, the last day of August saw the dry bulk market’s benchmark, the BDI (Baltic Dry ...
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- Petron Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Dalmia Cement Bharat India
- LBH Netherlands Bv - Netherlands
- Mjunction Services Limited - India
- Kideco Jaya Agung - Indonesia
- Rio Tinto Coal - Australia
- SMC Global Power, Philippines
- PNOC Exploration Corporation - Philippines
- Parry Sugars Refinery, India
- VISA Power Limited - India
- Gujarat Sidhee Cement - India
- Billiton Holdings Pty Ltd - Australia
- Africa Commodities Group - South Africa
- Samtan Co., Ltd - South Korea
- MS Steel International - UAE
- Port Waratah Coal Services - Australia
- Interocean Group of Companies - India
- Global Green Power PLC Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Sical Logistics Limited - India
- The Treasury - Australian Government
- Directorate Of Revenue Intelligence - India
- Wilmar Investment Holdings
- Sojitz Corporation - Japan
- European Bulk Services B.V. - Netherlands
- Essar Steel Hazira Ltd - India
- Central Java Power - Indonesia
- Kaltim Prima Coal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Altura Mining Limited, Indonesia
- Kapuas Tunggal Persada - Indonesia
- Orica Mining Services - Indonesia
- Mercator Lines Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Maheswari Brothers Coal Limited - India
- Electricity Generating Authority of Thailand
- Kalimantan Lumbung Energi - Indonesia
- Heidelberg Cement - Germany
- Standard Chartered Bank - UAE
- Price Waterhouse Coopers - Russia
- Leighton Contractors Pty Ltd - Australia
- Indian Energy Exchange, India
- Parliament of New Zealand
- Malabar Cements Ltd - India
- New Zealand Coal & Carbon
- Therma Luzon, Inc, Philippines
- Coastal Gujarat Power Limited - India
- CNBM International Corporation - China
- Bhatia International Limited - India
- Carbofer General Trading SA - India
- Ceylon Electricity Board - Sri Lanka
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GAC Shipping (India) Pvt Ltd
- Riau Bara Harum - Indonesia
- Coalindo Energy - Indonesia
- Savvy Resources Ltd - HongKong
- Jindal Steel & Power Ltd - India
- The State Trading Corporation of India Ltd
- Indika Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Barasentosa Lestari - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Economic Council, Georgia
- CIMB Investment Bank - Malaysia
- Neyveli Lignite Corporation Ltd, - India
- Cement Manufacturers Association - India
- Karaikal Port Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Holcim Trading Pte Ltd - Singapore
- Tamil Nadu electricity Board
- Chamber of Mines of South Africa
- Cigading International Bulk Terminal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Pendopo Energi Batubara - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Lanco Infratech Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Meralco Power Generation, Philippines
- Sakthi Sugars Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Offshore Bulk Terminal Pte Ltd, Singapore
- Aboitiz Power Corporation - Philippines
- Planning Commission, India
- Kepco SPC Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Sree Jayajothi Cements Limited - India
- GVK Power & Infra Limited - India
- Agrawal Coal Company - India
- Eastern Energy - Thailand
- IHS Mccloskey Coal Group - USA
- Central Electricity Authority - India
- Thiess Contractors Indonesia
- Madhucon Powers Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Independent Power Producers Association of India
- Intertek Mineral Services - Indonesia
- Banpu Public Company Limited - Thailand
- Kumho Petrochemical, South Korea
- Timah Investasi Mineral - Indoneisa
- Wood Mackenzie - Singapore
- Star Paper Mills Limited - India
- The University of Queensland
- GN Power Mariveles Coal Plant, Philippines
- Indian Oil Corporation Limited
- Vedanta Resources Plc - India
- OPG Power Generation Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- India Bulls Power Limited - India
- Videocon Industries ltd - India
- Commonwealth Bank - Australia
- Makarim & Taira - Indonesia
- Toyota Tsusho Corporation, Japan
- Marubeni Corporation - India
- Trasteel International SA, Italy
- GMR Energy Limited - India
- Ind-Barath Power Infra Limited - India
- Borneo Indobara - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indogreen Group - Indonesia
- International Coal Ventures Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Bukit Makmur.PT - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indo Tambangraya Megah - Indonesia
- ICICI Bank Limited - India
- Indonesian Coal Mining Association
- Grasim Industreis Ltd - India
- Simpson Spence & Young - Indonesia
- Latin American Coal - Colombia
- PTC India Limited - India
- Aditya Birla Group - India
- Australian Coal Association
- Posco Energy - South Korea
- Energy Development Corp, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Formosa Plastics Group - Taiwan
- Mercuria Energy - Indonesia
- Ministry of Transport, Egypt
- Siam City Cement PLC, Thailand
- Vizag Seaport Private Limited - India
- Sarangani Energy Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Bangladesh Power Developement Board
- London Commodity Brokers - England
- AsiaOL BioFuels Corp., Philippines
- Kartika Selabumi Mining - Indonesia
- Orica Australia Pty. Ltd.
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Goldman Sachs - Singapore
- Coal and Oil Company - UAE
- Xindia Steels Limited - India
- San Jose City I Power Corp, Philippines
- Binh Thuan Hamico - Vietnam
- Krishnapatnam Port Company Ltd. - India
- Romanian Commodities Exchange
- Edison Trading Spa - Italy
- Deloitte Consulting - India
- Baramulti Group, Indonesia
- Anglo American - United Kingdom
- Jaiprakash Power Ventures ltd
- Eastern Coal Council - USA
- Gujarat Mineral Development Corp Ltd - India
- Meenaskhi Energy Private Limited - India
- IEA Clean Coal Centre - UK
- SMG Consultants - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- ASAPP Information Group - India
- Petrochimia International Co. Ltd.- Taiwan
- Bayan Resources Tbk. - Indonesia
- Sindya Power Generating Company Private Ltd
- Salva Resources Pvt Ltd - India
- Tata Chemicals Ltd - India
- PowerSource Philippines DevCo
- McConnell Dowell - Australia
- Manunggal Multi Energi - Indonesia
- Thai Mozambique Logistica
- Ministry of Finance - Indonesia
- Minerals Council of Australia
- Merrill Lynch Commodities Europe
- South Luzon Thermal Energy Corporation
- Ambuja Cements Ltd - India
- Straits Asia Resources Limited - Singapore
- Electricity Authority, New Zealand
- TeaM Sual Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- Semirara Mining Corp, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Bhoruka Overseas - Indonesia
- Power Finance Corporation Ltd., India
- Bukit Baiduri Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Siam City Cement - Thailand
- Oldendorff Carriers - Singapore
- Antam Resourcindo - Indonesia
- Bhushan Steel Limited - India
- Mintek Dendrill Indonesia
- Australian Commodity Traders Exchange
- Ministry of Mines - Canada
- TNB Fuel Sdn Bhd - Malaysia
- Maharashtra Electricity Regulatory Commission - India
- Global Coal Blending Company Limited - Australia
- Global Business Power Corporation, Philippines
- Singapore Mercantile Exchange
- Georgia Ports Authority, United States
- Uttam Galva Steels Limited - India
- Energy Link Ltd, New Zealand
- Renaissance Capital - South Africa
- White Energy Company Limited
- Attock Cement Pakistan Limited
- Larsen & Toubro Limited - India
- Medco Energi Mining Internasional
- Asmin Koalindo Tuhup - Indonesia
- Bharathi Cement Corporation - India
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