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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 $130 this year.
Source: The Jakarta Post
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Wednesday, 05 January 11
BUKIT ASAM TARGETS 20% BUY TO GROW COAL TRANSPORT CAPACITY - THE JAKARTA GLOBE
The Jakarta Globe reported that, Indonesian coal producer Tambang Batubara Bukit Asam is considering buying an additional 20 percent stake in Bukit ...
Wednesday, 05 January 11
FLOODING IN AUSTRALIA WILL CAUSE COAL PRICES TO SPIKE AT LEAST 20 PERCENT
Rising coal prices are set to spike at least 20 per cent higher because of supply shortages due to severe flooding in Australia, adding cost pressur ...
Wednesday, 05 January 11
DRY BULK MARKET BEGINS NEW YEAR ON SOUR NOTE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Seasonal factors like the worst flooding in Australia’s Queensland in half a century, coupled with thin trade activity has put the dry bulk ma ...
Tuesday, 04 January 11
THE WCI-CHINA ROUTE WAS TRADED IN THE MID US$ 10,000S - BRS DRY BULK
As reported by BRS Dry Bulk, after a stronger than expected performance in 2010, rates finished on a sombre note in December with the BDI at1,773 po ...
Tuesday, 04 January 11
BALI, INDONESIA HOST OF WORLD RENEWABLE ENERGY AND ENERGY EFFICIENCY CONFERENCE
Press Release - Indonesian Renewable Energy Society (METI – IRES) has launched the plan for organizing the international gathering ...
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- Coastal Gujarat Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Latin American Coal - Colombia
- Star Paper Mills Limited - India
- Chamber of Mines of South Africa
- Uttam Galva Steels Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Oldendorff Carriers - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Jindal Steel & Power Ltd - India
- SN Aboitiz Power Inc, Philippines
- Gujarat Sidhee Cement - India
- Port Waratah Coal Services - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Larsen & Toubro Limited - India
- Deloitte Consulting - India
- Sree Jayajothi Cements Limited - India
- Vedanta Resources Plc - India
- Asmin Koalindo Tuhup - Indonesia
- Renaissance Capital - South Africa
- Timah Investasi Mineral - Indoneisa
- Thiess Contractors Indonesia
- Price Waterhouse Coopers - Russia
- The State Trading Corporation of India Ltd
- Mercator Lines Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Sakthi Sugars Limited - India
- Coalindo Energy - Indonesia
- Cement Manufacturers Association - India
- Trasteel International SA, Italy
- Aditya Birla Group - India
- Bangladesh Power Developement Board
- PowerSource Philippines DevCo
- Maheswari Brothers Coal Limited - India
- Sarangani Energy Corporation, Philippines
- India Bulls Power Limited - India
- Gujarat Electricity Regulatory Commission - India
- OPG Power Generation Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Carbofer General Trading SA - India
- Xindia Steels Limited - India
- New Zealand Coal & Carbon
- Essar Steel Hazira Ltd - India
- Bulk Trading Sa - Switzerland
- Kaltim Prima Coal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Jorong Barutama Greston.PT - Indonesia
- Posco Energy - South Korea
- Karbindo Abesyapradhi - Indoneisa
- Bukit Baiduri Energy - Indonesia
- Africa Commodities Group - South Africa
- PetroVietnam Power Coal Import and Supply Company
- Sical Logistics Limited - India
- SMG Consultants - Indonesia
- Borneo Indobara - Indonesia
- Marubeni Corporation - India
- Anglo American - United Kingdom
- VISA Power Limited - India
- PTC India Limited - India
- Videocon Industries ltd - India
- Georgia Ports Authority, United States
- Mintek Dendrill Indonesia
- Australian Commodity Traders Exchange
- CNBM International Corporation - China
- Altura Mining Limited, Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Malabar Cements Ltd - India
- Indian Energy Exchange, India
- Makarim & Taira - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Binh Thuan Hamico - Vietnam
- Indogreen Group - Indonesia
- Mercuria Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Banpu Public Company Limited - Thailand
- Maharashtra Electricity Regulatory Commission - India
- PNOC Exploration Corporation - Philippines
- Directorate Of Revenue Intelligence - India
- Medco Energi Mining Internasional
- Tamil Nadu electricity Board
- The Treasury - Australian Government
- Gujarat Mineral Development Corp Ltd - India
- Bharathi Cement Corporation - India
- Manunggal Multi Energi - Indonesia
- White Energy Company Limited
- Kapuas Tunggal Persada - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Bhushan Steel Limited - India
- Romanian Commodities Exchange
- Edison Trading Spa - Italy
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indika Energy - Indonesia
- Petron Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Mjunction Services Limited - India
- Minerals Council of Australia
- Global Green Power PLC Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Eastern Energy - Thailand
- Karaikal Port Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Sojitz Corporation - Japan
- Wood Mackenzie - Singapore
- San Jose City I Power Corp, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- MS Steel International - UAE
- Ambuja Cements Ltd - India
- Interocean Group of Companies - India
- Barasentosa Lestari - Indonesia
- Central Java Power - Indonesia
- Ministry of Transport, Egypt
- GAC Shipping (India) Pvt Ltd
- Bhoruka Overseas - Indonesia
- Vizag Seaport Private Limited - India
- Electricity Generating Authority of Thailand
- Merrill Lynch Commodities Europe
- Chettinad Cement Corporation Ltd - India
- Power Finance Corporation Ltd., India
- Pendopo Energi Batubara - Indonesia
- Global Business Power Corporation, Philippines
- Siam City Cement - Thailand
- LBH Netherlands Bv - Netherlands
- International Coal Ventures Pvt Ltd - India
- Ministry of Finance - Indonesia
- Kideco Jaya Agung - Indonesia
- Tata Chemicals Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Energy Development Corp, Philippines
- Toyota Tsusho Corporation, Japan
- Simpson Spence & Young - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Indonesian Coal Mining Association
- Samtan Co., Ltd - South Korea
- Central Electricity Authority - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Meenaskhi Energy Private Limited - India
- GMR Energy Limited - India
- Semirara Mining Corp, Philippines
- Iligan Light & Power Inc, Philippines
- Australian Coal Association
- ASAPP Information Group - India
- Indo Tambangraya Megah - Indonesia
- Electricity Authority, New Zealand
- IHS Mccloskey Coal Group - USA
- Leighton Contractors Pty Ltd - Australia
- Eastern Coal Council - USA
- Cigading International Bulk Terminal - Indonesia
- Kartika Selabumi Mining - Indonesia
- Orica Australia Pty. Ltd.
- London Commodity Brokers - England
- Standard Chartered Bank - UAE
- Holcim Trading Pte Ltd - Singapore
- Ceylon Electricity Board - Sri Lanka
- Attock Cement Pakistan Limited
- Kumho Petrochemical, South Korea
- Metalloyd Limited - United Kingdom
- Ministry of Mines - Canada
- Antam Resourcindo - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Bhatia International Limited - India
- Intertek Mineral Services - Indonesia
- Wilmar Investment Holdings
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kobexindo Tractors - Indoneisa
- Baramulti Group, Indonesia
- Bukit Makmur.PT - Indonesia
- Siam City Cement PLC, Thailand
- European Bulk Services B.V. - Netherlands
- Sinarmas Energy and Mining - Indonesia
- McConnell Dowell - Australia
- CIMB Investment Bank - Malaysia
- Riau Bara Harum - Indonesia
- IEA Clean Coal Centre - UK
- TeaM Sual Corporation - Philippines
- Coal and Oil Company - UAE
- Formosa Plastics Group - Taiwan
- Rio Tinto Coal - Australia
- Savvy Resources Ltd - HongKong
- Singapore Mercantile Exchange
- Ind-Barath Power Infra Limited - India
- Dalmia Cement Bharat India
- Energy Link Ltd, New Zealand
- Thai Mozambique Logistica
- Aboitiz Power Corporation - Philippines
- Goldman Sachs - Singapore
- Agrawal Coal Company - India
- The University of Queensland
- Kalimantan Lumbung Energi - Indonesia
- Heidelberg Cement - Germany
- Independent Power Producers Association of India
- Orica Mining Services - Indonesia
- Economic Council, Georgia
- Billiton Holdings Pty Ltd - Australia
- Parry Sugars Refinery, India
- Jaiprakash Power Ventures ltd
- Indian Oil Corporation Limited
- SMC Global Power, Philippines
- Lanco Infratech Ltd - India
- Planning Commission, India
- Sindya Power Generating Company Private Ltd
- Meralco Power Generation, Philippines
- GVK Power & Infra Limited - India
- Therma Luzon, Inc, Philippines
- Madhucon Powers Ltd - India
- Straits Asia Resources Limited - Singapore
- South Luzon Thermal Energy Corporation
- ICICI Bank Limited - India
- Grasim Industreis Ltd - India
- Parliament of New Zealand
- Commonwealth Bank - Australia
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