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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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Sunday, 06 March 11
THE S6 ROUTE MAY CONTINUE TO BE FIRM - VISTAAR
COALspot.com - The freight market was firm this week with all indices up. The BDI , Cape Index and Panamax index was up by almost 9 pct where as Sup ...
Friday, 04 March 11
IRON ORE FROM INDIA HAS BEEN QUIET
Handy
Activity has been gradually rising in the Atlantic but it is mostly confined to the USG market. Short period basis redelivery Atlantic has b ...
Thursday, 03 March 11
TNPL INDIA LOOKING FOR 160,000 MT OF NON-COKING COAL
COALspot.com - Tamil Nadu Newsprint and Papers Ltd. is seeking to import 160,000 plus minus 5 percent metric tons of non-coking coal with Gross Calo ...
Wednesday, 02 March 11
MIXED FORTUNES FOR DRY BULK OWNERS THIS WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Although the dry bulk market has been on the positive side this week, things still look quite uncertain in the near term, with most owners puzzled a ...
Wednesday, 02 March 11
INDIA, 2ND LARGEST IMPORTER OF INDONESIAN COAL IN 2010
COALspot.com: Indonesia, the world largest coal exporter, shipped 24.68 million tons of coal in January 2011, which was 1.19 percent higher Y-o- ...
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- Timah Investasi Mineral - Indoneisa
- Indonesian Coal Mining Association
- Central Electricity Authority - India
- Neyveli Lignite Corporation Ltd, - India
- Latin American Coal - Colombia
- Miang Besar Coal Terminal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Sarangani Energy Corporation, Philippines
- Renaissance Capital - South Africa
- Sical Logistics Limited - India
- Carbofer General Trading SA - India
- Eastern Energy - Thailand
- Asmin Koalindo Tuhup - Indonesia
- Metalloyd Limited - United Kingdom
- Bulk Trading Sa - Switzerland
- Uttam Galva Steels Limited - India
- South Luzon Thermal Energy Corporation
- Price Waterhouse Coopers - Russia
- SMC Global Power, Philippines
- Meralco Power Generation, Philippines
- LBH Netherlands Bv - Netherlands
- White Energy Company Limited
- Bukit Baiduri Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Energy Link Ltd, New Zealand
- Medco Energi Mining Internasional
- Borneo Indobara - Indonesia
- Rio Tinto Coal - Australia
- IEA Clean Coal Centre - UK
- Kapuas Tunggal Persada - Indonesia
- Ambuja Cements Ltd - India
- Attock Cement Pakistan Limited
- The University of Queensland
- Bukit Makmur.PT - Indonesia
- Trasteel International SA, Italy
- Bukit Asam (Persero) Tbk - Indonesia
- Global Green Power PLC Corporation, Philippines
- Goldman Sachs - Singapore
- Deloitte Consulting - India
- Meenaskhi Energy Private Limited - India
- Intertek Mineral Services - Indonesia
- Kepco SPC Power Corporation, Philippines
- Wilmar Investment Holdings
- Kumho Petrochemical, South Korea
- ICICI Bank Limited - India
- MS Steel International - UAE
- Altura Mining Limited, Indonesia
- Alfred C Toepfer International GmbH - Germany
- ASAPP Information Group - India
- Pipit Mutiara Jaya. PT, Indonesia
- Eastern Coal Council - USA
- Holcim Trading Pte Ltd - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Straits Asia Resources Limited - Singapore
- Riau Bara Harum - Indonesia
- Iligan Light & Power Inc, Philippines
- Dalmia Cement Bharat India
- Port Waratah Coal Services - Australia
- Kartika Selabumi Mining - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Karbindo Abesyapradhi - Indoneisa
- Larsen & Toubro Limited - India
- New Zealand Coal & Carbon
- SMG Consultants - Indonesia
- Makarim & Taira - Indonesia
- Coalindo Energy - Indonesia
- Romanian Commodities Exchange
- Petron Corporation, Philippines
- Sakthi Sugars Limited - India
- Thiess Contractors Indonesia
- Global Business Power Corporation, Philippines
- Africa Commodities Group - South Africa
- Standard Chartered Bank - UAE
- Chettinad Cement Corporation Ltd - India
- India Bulls Power Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Billiton Holdings Pty Ltd - Australia
- Electricity Authority, New Zealand
- Independent Power Producers Association of India
- Indian Oil Corporation Limited
- Wood Mackenzie - Singapore
- Central Java Power - Indonesia
- Commonwealth Bank - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Directorate Of Revenue Intelligence - India
- Oldendorff Carriers - Singapore
- Australian Commodity Traders Exchange
- Kobexindo Tractors - Indoneisa
- Manunggal Multi Energi - Indonesia
- Pendopo Energi Batubara - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Formosa Plastics Group - Taiwan
- Sojitz Corporation - Japan
- Indogreen Group - Indonesia
- Lanco Infratech Ltd - India
- The Treasury - Australian Government
- Directorate General of MIneral and Coal - Indonesia
- Cement Manufacturers Association - India
- Star Paper Mills Limited - India
- CIMB Investment Bank - Malaysia
- Samtan Co., Ltd - South Korea
- Mintek Dendrill Indonesia
- Videocon Industries ltd - India
- IHS Mccloskey Coal Group - USA
- TeaM Sual Corporation - Philippines
- Power Finance Corporation Ltd., India
- Posco Energy - South Korea
- Tata Chemicals Ltd - India
- Siam City Cement - Thailand
- GAC Shipping (India) Pvt Ltd
- Vizag Seaport Private Limited - India
- Marubeni Corporation - India
- Anglo American - United Kingdom
- Vedanta Resources Plc - India
- Economic Council, Georgia
- The State Trading Corporation of India Ltd
- Maheswari Brothers Coal Limited - India
- Bhushan Steel Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Globalindo Alam Lestari - Indonesia
- Mercuria Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Coal and Oil Company - UAE
- SN Aboitiz Power Inc, Philippines
- Heidelberg Cement - Germany
- Electricity Generating Authority of Thailand
- GVK Power & Infra Limited - India
- Interocean Group of Companies - India
- Georgia Ports Authority, United States
- PowerSource Philippines DevCo
- Minerals Council of Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Edison Trading Spa - Italy
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Jindal Steel & Power Ltd - India
- McConnell Dowell - Australia
- CNBM International Corporation - China
- Petrochimia International Co. Ltd.- Taiwan
- PTC India Limited - India
- London Commodity Brokers - England
- Aboitiz Power Corporation - Philippines
- Parliament of New Zealand
- Australian Coal Association
- Banpu Public Company Limited - Thailand
- Aditya Birla Group - India
- Bayan Resources Tbk. - Indonesia
- Kideco Jaya Agung - Indonesia
- Orica Mining Services - Indonesia
- Bharathi Cement Corporation - India
- Planning Commission, India
- GN Power Mariveles Coal Plant, Philippines
- Singapore Mercantile Exchange
- Simpson Spence & Young - Indonesia
- Chamber of Mines of South Africa
- Energy Development Corp, Philippines
- Binh Thuan Hamico - Vietnam
- Jaiprakash Power Ventures ltd
- Therma Luzon, Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Savvy Resources Ltd - HongKong
- Cigading International Bulk Terminal - Indonesia
- Karaikal Port Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Xindia Steels Limited - India
- Semirara Mining and Power Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Ministry of Finance - Indonesia
- Bhatia International Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Bhoruka Overseas - Indonesia
- Ind-Barath Power Infra Limited - India
- Indian Energy Exchange, India
- Antam Resourcindo - Indonesia
- Gujarat Sidhee Cement - India
- Thai Mozambique Logistica
- Semirara Mining Corp, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Rashtriya Ispat Nigam Limited - India
- VISA Power Limited - India
- GMR Energy Limited - India
- Indika Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Baramulti Group, Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Agrawal Coal Company - India
- Siam City Cement PLC, Thailand
- Bangladesh Power Developement Board
- Indo Tambangraya Megah - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Global Coal Blending Company Limited - Australia
- Orica Australia Pty. Ltd.
- Malabar Cements Ltd - India
- Sindya Power Generating Company Private Ltd
- Sree Jayajothi Cements Limited - India
- Toyota Tsusho Corporation, Japan
- Ceylon Electricity Board - Sri Lanka
- Salva Resources Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Barasentosa Lestari - Indonesia
- Mjunction Services Limited - India
- Grasim Industreis Ltd - India
- Ministry of Transport, Egypt
- International Coal Ventures Pvt Ltd - India
- Tamil Nadu electricity Board
- Merrill Lynch Commodities Europe
- Essar Steel Hazira Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Kaltim Prima Coal - Indonesia
- Parry Sugars Refinery, India
- Madhucon Powers Ltd - India
- Ministry of Mines - Canada
- TNB Fuel Sdn Bhd - Malaysia
- Mercator Lines Limited - India
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