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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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Wednesday, 26 January 11
DRY BULK MARKET TAKES YET ANOTHER NOSEDIVE, CAPESIZES LOOK RATHER UNATTRACTIVE AT THE MOMENT - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The downturn of the dry bulk market sees no boundariers, disproving even those who thought that at least for the capesize market, the worst had pass ...
Tuesday, 25 January 11
DRY BULK RATES CONTINUED TO TUMBLE LAST WEEK - BRS
With weather-related problems affecting the short-term outlook, and new building deliveries the longer-term picture, dry bulk rates continued to tum ...
Tuesday, 25 January 11
R-POWER TO INVEST $5BN IN INDONESIA - THE TIMES OF INDIA
The Times of India reported that, In what is being seen as one of the largest foreign investments in Indonesia, Reliance Power will infuse $5 billio ...
Monday, 24 January 11
GOVT PROMISES COAL FOR PLN DESPITE PRICE SPIKES - THE JAKARTA POST
The Jakarta Post reported that, the government says state electricity company PT PLN will receive enough coal to fire its power plants, despite pric ...
Monday, 24 January 11
DRY BULK MARKETS DOWNTURN SEES NO RELIEF - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has kept falling for yet another week, with the industry’s benchmark, the Baltic Dry Index (BDI) losing an additional 4.79 ...
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- Sical Logistics Limited - India
- Dalmia Cement Bharat India
- Kideco Jaya Agung - Indonesia
- Electricity Generating Authority of Thailand
- Power Finance Corporation Ltd., India
- Baramulti Group, Indonesia
- Orica Mining Services - Indonesia
- Star Paper Mills Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Trasteel International SA, Italy
- Kaltim Prima Coal - Indonesia
- Semirara Mining Corp, Philippines
- Ministry of Transport, Egypt
- Port Waratah Coal Services - Australia
- Ind-Barath Power Infra Limited - India
- European Bulk Services B.V. - Netherlands
- PTC India Limited - India
- Siam City Cement - Thailand
- London Commodity Brokers - England
- Goldman Sachs - Singapore
- Sarangani Energy Corporation, Philippines
- CNBM International Corporation - China
- Billiton Holdings Pty Ltd - Australia
- Binh Thuan Hamico - Vietnam
- Mercator Lines Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Rio Tinto Coal - Australia
- Edison Trading Spa - Italy
- Metalloyd Limited - United Kingdom
- SMC Global Power, Philippines
- Barasentosa Lestari - Indonesia
- McConnell Dowell - Australia
- Indian Oil Corporation Limited
- Gujarat Electricity Regulatory Commission - India
- Jaiprakash Power Ventures ltd
- Gujarat Mineral Development Corp Ltd - India
- GVK Power & Infra Limited - India
- Coastal Gujarat Power Limited - India
- Thai Mozambique Logistica
- Videocon Industries ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Therma Luzon, Inc, Philippines
- Eastern Energy - Thailand
- Vizag Seaport Private Limited - India
- Meralco Power Generation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Globalindo Alam Lestari - Indonesia
- Timah Investasi Mineral - Indoneisa
- Indika Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- Bhushan Steel Limited - India
- Romanian Commodities Exchange
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ministry of Finance - Indonesia
- Wood Mackenzie - Singapore
- Pendopo Energi Batubara - Indonesia
- Price Waterhouse Coopers - Russia
- Indonesian Coal Mining Association
- Singapore Mercantile Exchange
- Savvy Resources Ltd - HongKong
- Petrochimia International Co. Ltd.- Taiwan
- Leighton Contractors Pty Ltd - Australia
- Eastern Coal Council - USA
- The Treasury - Australian Government
- Merrill Lynch Commodities Europe
- Pipit Mutiara Jaya. PT, Indonesia
- Karaikal Port Pvt Ltd - India
- Madhucon Powers Ltd - India
- SN Aboitiz Power Inc, Philippines
- Xindia Steels Limited - India
- Orica Australia Pty. Ltd.
- PNOC Exploration Corporation - Philippines
- Ambuja Cements Ltd - India
- Banpu Public Company Limited - Thailand
- GMR Energy Limited - India
- Malabar Cements Ltd - India
- Essar Steel Hazira Ltd - India
- India Bulls Power Limited - India
- Energy Development Corp, Philippines
- Meenaskhi Energy Private Limited - India
- Bhatia International Limited - India
- Planning Commission, India
- San Jose City I Power Corp, Philippines
- White Energy Company Limited
- Manunggal Multi Energi - Indonesia
- Coal and Oil Company - UAE
- Latin American Coal - Colombia
- Energy Link Ltd, New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- Heidelberg Cement - Germany
- Tamil Nadu electricity Board
- Bangladesh Power Developement Board
- Standard Chartered Bank - UAE
- Samtan Co., Ltd - South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Independent Power Producers Association of India
- Global Green Power PLC Corporation, Philippines
- The State Trading Corporation of India Ltd
- Chettinad Cement Corporation Ltd - India
- Central Electricity Authority - India
- Parry Sugars Refinery, India
- Posco Energy - South Korea
- Maheswari Brothers Coal Limited - India
- IEA Clean Coal Centre - UK
- Medco Energi Mining Internasional
- Thiess Contractors Indonesia
- Attock Cement Pakistan Limited
- AsiaOL BioFuels Corp., Philippines
- Riau Bara Harum - Indonesia
- Global Business Power Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Ministry of Mines - Canada
- Iligan Light & Power Inc, Philippines
- Aditya Birla Group - India
- Bayan Resources Tbk. - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Kohat Cement Company Ltd. - Pakistan
- Coalindo Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Sindya Power Generating Company Private Ltd
- New Zealand Coal & Carbon
- Economic Council, Georgia
- Kepco SPC Power Corporation, Philippines
- Cement Manufacturers Association - India
- Mintek Dendrill Indonesia
- Vedanta Resources Plc - India
- IHS Mccloskey Coal Group - USA
- GN Power Mariveles Coal Plant, Philippines
- Mjunction Services Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Grasim Industreis Ltd - India
- Agrawal Coal Company - India
- Africa Commodities Group - South Africa
- Uttam Galva Steels Limited - India
- Bhoruka Overseas - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Toyota Tsusho Corporation, Japan
- Alfred C Toepfer International GmbH - Germany
- Australian Commodity Traders Exchange
- MS Steel International - UAE
- Interocean Group of Companies - India
- Jindal Steel & Power Ltd - India
- Borneo Indobara - Indonesia
- Central Java Power - Indonesia
- Straits Asia Resources Limited - Singapore
- Directorate Of Revenue Intelligence - India
- The University of Queensland
- Gujarat Sidhee Cement - India
- Indo Tambangraya Megah - Indonesia
- Simpson Spence & Young - Indonesia
- Minerals Council of Australia
- Oldendorff Carriers - Singapore
- LBH Netherlands Bv - Netherlands
- Sojitz Corporation - Japan
- Bharathi Cement Corporation - India
- Chamber of Mines of South Africa
- ASAPP Information Group - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Intertek Mineral Services - Indonesia
- Rashtriya Ispat Nigam Limited - India
- International Coal Ventures Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Semirara Mining and Power Corporation, Philippines
- SMG Consultants - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- PowerSource Philippines DevCo
- Vijayanagar Sugar Pvt Ltd - India
- Australian Coal Association
- Marubeni Corporation - India
- Miang Besar Coal Terminal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Georgia Ports Authority, United States
- Electricity Authority, New Zealand
- Lanco Infratech Ltd - India
- Indogreen Group - Indonesia
- Sakthi Sugars Limited - India
- South Luzon Thermal Energy Corporation
- Deloitte Consulting - India
- Bukit Baiduri Energy - Indonesia
- Larsen & Toubro Limited - India
- CIMB Investment Bank - Malaysia
- Kobexindo Tractors - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Siam City Cement PLC, Thailand
- Renaissance Capital - South Africa
- Bahari Cakrawala Sebuku - Indonesia
- Bulk Trading Sa - Switzerland
- Antam Resourcindo - Indonesia
- Tata Chemicals Ltd - India
- Commonwealth Bank - Australia
- Kartika Selabumi Mining - Indonesia
- Indian Energy Exchange, India
- Mercuria Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Carbofer General Trading SA - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Parliament of New Zealand
- Krishnapatnam Port Company Ltd. - India
- VISA Power Limited - India
- Wilmar Investment Holdings
- Sree Jayajothi Cements Limited - India
- Formosa Plastics Group - Taiwan
- Sinarmas Energy and Mining - Indonesia
- TeaM Sual Corporation - Philippines
- Petron Corporation, Philippines
- Anglo American - United Kingdom
- Global Coal Blending Company Limited - Australia
- Altura Mining Limited, Indonesia
- Makarim & Taira - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Holcim Trading Pte Ltd - Singapore
- ICICI Bank Limited - India
- Kumho Petrochemical, South Korea
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