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
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



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

Recent News

Tuesday, 05 July 11
UNTR REVISES UP SALES TO 7,500 UNITS - INSIDER STORIES
PT United Tractors Tbk (UNTR), distributor of Komatsu heavy equipment and parent of PT Pamapersada Nusantara, has revised up its equipment sales tar ...


Sunday, 03 July 11
INDONESIAN GOVERNMENT HAS CLEARED 1509 COAL IUP'S AS CLEAR AND CLEAN
COALspot.com - The Directorate general of mineral & coal of Indonesia has cleared around 1,509 IUP holders (coal mining companies) as "clea ...


Sunday, 03 July 11
MONSOON IN INDIA PUSHED FREIGHTS UP FROM INDONESIA TO WC INDIA - VISTAAR
COALspot.com - The BDI continued to hold closing just 2 points below last week at 1,422 points which was supported by Cape index which was up by 71 ...


Friday, 01 July 11
BEN LINE OPENS A NEW OFFICE IN BERAU
COALspot.com - Ben Line Agencies has announced that it has opened a new office in the busy coal loading port of Berau in East Kalimantan increasing ...


Friday, 01 July 11
CAPESIZE RATES TO REMAIN DEPRESSED IN COMING MONTHS SAYS SHIPPING ORGANIZATION - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In a recent report, BIMCO reassessed that Capesize freight rates will remain in depressed territory in the coming months. Capesize Time Charter Aver ...


   1040 1041 1042 1043 1044   
Showing 5206 to 5210 news of total 6871
News by Category
Popular News
 
Total Members : 28,622
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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