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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 $130 this year.
Source: The Jakarta Post
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Saturday, 26 March 11
FLSMIDTH WINS MULTIMILLION DOLLAR MATERIAL HANDLING PROJECT IN INDONESIA
FLSmidth has signed a contract in Jakarta worth in excess of USD 135m (DKK 700m) with PT Adaro Indonesia, a subsidiary of PT Adaro Energy Tbk., to s ...
Saturday, 26 March 11
ADARO AIMS TO DOUBLE COAL PRODUCTION -THE JAKARTA POST
The Jakarta Post reported that, coal producer PT Adaro Indonesia is planning to soon boost its production capacity to 80 million tons annually, almo ...
Friday, 25 March 11
KNOWLEDGE INFRASTRUCTURE TO BAG 160,000 MT COAL SUPPLY ORDER FROM TNPL
COALspot.com - Delhi based Knowledge infrastructure Systems Pvt. Ltd offered lowest price of US$ 97.10 per metric ton for calorific value of 6000 GA ...
Friday, 25 March 11
THE CAPESIZE MARKET CONTINUED TO FALL - FEARNBULK
Handy
The Atlantic market remains stable with more activity from the Black Sea to Feast paying in the mid 20´s on supras.
The USG remain ...
Friday, 25 March 11
BORNEO ENERGI FY10 NET INCOME SOARS - INSIDER STORIES
Coking coal producer PT Borneo Lumbung Energi Tbk (BORN) booked a skyrocket net income by 499.72% from net loss position in 2009, as quoted by Insid ...
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- Edison Trading Spa - Italy
- Lanco Infratech Ltd - India
- Sarangani Energy Corporation, Philippines
- Australian Commodity Traders Exchange
- Indo Tambangraya Megah - Indonesia
- The State Trading Corporation of India Ltd
- Barasentosa Lestari - Indonesia
- Goldman Sachs - Singapore
- Maheswari Brothers Coal Limited - India
- Mjunction Services Limited - India
- LBH Netherlands Bv - Netherlands
- Carbofer General Trading SA - India
- Meralco Power Generation, Philippines
- Savvy Resources Ltd - HongKong
- Coal and Oil Company - UAE
- SMC Global Power, Philippines
- London Commodity Brokers - England
- Rashtriya Ispat Nigam Limited - India
- Africa Commodities Group - South Africa
- Kalimantan Lumbung Energi - Indonesia
- Makarim & Taira - Indonesia
- Thiess Contractors Indonesia
- Standard Chartered Bank - UAE
- Parry Sugars Refinery, India
- Kartika Selabumi Mining - Indonesia
- Gujarat Sidhee Cement - India
- Grasim Industreis Ltd - India
- South Luzon Thermal Energy Corporation
- Bhushan Steel Limited - India
- Mintek Dendrill Indonesia
- Indogreen Group - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Port Waratah Coal Services - Australia
- Rio Tinto Coal - Australia
- Semirara Mining and Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Sree Jayajothi Cements Limited - India
- Kapuas Tunggal Persada - Indonesia
- Sindya Power Generating Company Private Ltd
- Binh Thuan Hamico - Vietnam
- Eastern Coal Council - USA
- Singapore Mercantile Exchange
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Energy Development Corp, Philippines
- Bharathi Cement Corporation - India
- White Energy Company Limited
- Samtan Co., Ltd - South Korea
- Chamber of Mines of South Africa
- Oldendorff Carriers - Singapore
- GVK Power & Infra Limited - India
- Essar Steel Hazira Ltd - India
- Jindal Steel & Power Ltd - India
- Malabar Cements Ltd - India
- CIMB Investment Bank - Malaysia
- Ministry of Transport, Egypt
- Toyota Tsusho Corporation, Japan
- Intertek Mineral Services - Indonesia
- Bulk Trading Sa - Switzerland
- Planning Commission, India
- Global Coal Blending Company Limited - Australia
- Bhatia International Limited - India
- Economic Council, Georgia
- Kepco SPC Power Corporation, Philippines
- Ministry of Mines - Canada
- Electricity Generating Authority of Thailand
- Antam Resourcindo - Indonesia
- Vizag Seaport Private Limited - India
- Sakthi Sugars Limited - India
- AsiaOL BioFuels Corp., Philippines
- ICICI Bank Limited - India
- Agrawal Coal Company - India
- Meenaskhi Energy Private Limited - India
- Kideco Jaya Agung - Indonesia
- Madhucon Powers Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- GN Power Mariveles Coal Plant, Philippines
- Electricity Authority, New Zealand
- Aditya Birla Group - India
- TeaM Sual Corporation - Philippines
- Timah Investasi Mineral - Indoneisa
- Ambuja Cements Ltd - India
- The Treasury - Australian Government
- PNOC Exploration Corporation - Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Kobexindo Tractors - Indoneisa
- Star Paper Mills Limited - India
- Banpu Public Company Limited - Thailand
- Petron Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Leighton Contractors Pty Ltd - Australia
- Bukit Baiduri Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- SMG Consultants - Indonesia
- Minerals Council of Australia
- Marubeni Corporation - India
- European Bulk Services B.V. - Netherlands
- Aboitiz Power Corporation - Philippines
- Jorong Barutama Greston.PT - Indonesia
- ASAPP Information Group - India
- Videocon Industries ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Vedanta Resources Plc - India
- Anglo American - United Kingdom
- Globalindo Alam Lestari - Indonesia
- Renaissance Capital - South Africa
- Orica Mining Services - Indonesia
- Merrill Lynch Commodities Europe
- Chettinad Cement Corporation Ltd - India
- Indian Energy Exchange, India
- McConnell Dowell - Australia
- Jaiprakash Power Ventures ltd
- Sical Logistics Limited - India
- Parliament of New Zealand
- CNBM International Corporation - China
- Riau Bara Harum - Indonesia
- Posco Energy - South Korea
- Altura Mining Limited, Indonesia
- Kumho Petrochemical, South Korea
- Coalindo Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- TNB Fuel Sdn Bhd - Malaysia
- MS Steel International - UAE
- Siam City Cement PLC, Thailand
- Iligan Light & Power Inc, Philippines
- Cement Manufacturers Association - India
- Romanian Commodities Exchange
- PowerSource Philippines DevCo
- Larsen & Toubro Limited - India
- Trasteel International SA, Italy
- Vijayanagar Sugar Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Central Java Power - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Wilmar Investment Holdings
- Miang Besar Coal Terminal - Indonesia
- Indonesian Coal Mining Association
- Deloitte Consulting - India
- Latin American Coal - Colombia
- Mercuria Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Tata Chemicals Ltd - India
- SN Aboitiz Power Inc, Philippines
- Commonwealth Bank - Australia
- Tamil Nadu electricity Board
- Australian Coal Association
- Uttam Galva Steels Limited - India
- Manunggal Multi Energi - Indonesia
- Kaltim Prima Coal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Price Waterhouse Coopers - Russia
- Sojitz Corporation - Japan
- San Jose City I Power Corp, Philippines
- Xindia Steels Limited - India
- Energy Link Ltd, New Zealand
- GMR Energy Limited - India
- IHS Mccloskey Coal Group - USA
- Baramulti Group, Indonesia
- New Zealand Coal & Carbon
- Karbindo Abesyapradhi - Indoneisa
- Sinarmas Energy and Mining - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Thai Mozambique Logistica
- Straits Asia Resources Limited - Singapore
- Attock Cement Pakistan Limited
- Bank of Tokyo Mitsubishi UFJ Ltd
- Gujarat Electricity Regulatory Commission - India
- Bhoruka Overseas - Indonesia
- Bangladesh Power Developement Board
- Indika Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- IEA Clean Coal Centre - UK
- Pipit Mutiara Jaya. PT, Indonesia
- Heidelberg Cement - Germany
- Interocean Group of Companies - India
- Siam City Cement - Thailand
- Metalloyd Limited - United Kingdom
- Formosa Plastics Group - Taiwan
- Holcim Trading Pte Ltd - Singapore
- Therma Luzon, Inc, Philippines
- Borneo Indobara - Indonesia
- Indian Oil Corporation Limited
- Wood Mackenzie - Singapore
- Karaikal Port Pvt Ltd - India
- Independent Power Producers Association of India
- Central Electricity Authority - India
- India Bulls Power Limited - India
- Coastal Gujarat Power Limited - India
- Dalmia Cement Bharat India
- Global Business Power Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Billiton Holdings Pty Ltd - Australia
- International Coal Ventures Pvt Ltd - India
- Georgia Ports Authority, United States
- Pendopo Energi Batubara - Indonesia
- Ministry of Finance - Indonesia
- The University of Queensland
- Mercator Lines Limited - India
- Semirara Mining Corp, Philippines
- Eastern Energy - Thailand
- Salva Resources Pvt Ltd - India
- Orica Australia Pty. Ltd.
- OPG Power Generation Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- PTC India Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- VISA Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Medco Energi Mining Internasional
- Global Green Power PLC Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Power Finance Corporation Ltd., India
- Neyveli Lignite Corporation Ltd, - India
- Krishnapatnam Port Company Ltd. - India
- Bukit Asam (Persero) Tbk - Indonesia
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