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

Thursday, 30 December 10
DRY BULK MARKET STAYS SUBDUED AT THE END OF 2010 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dy bulk market failed to cheer ship owners across the board as the year draws to an end, thus bringing mixed feelings ahead of 2011. On one hand ...


Thursday, 30 December 10
KANGAROO RESOURCES BUYS INDONESIAN COAL COMPANY
Australian-listed Kangaroo Resources Ltd. said Wednesday it will buy 99% of the Pakar thermal coal project in East Kalimantan, for A$277 million thr ...


Wednesday, 29 December 10
WEATHER IMPACTS RIO TINTO COAL AUSTRALIAS QUEENSLAND OPERATIONS
Press Release - As a result of severe monsoonal rain in central and northern Queensland, force majeure has been declared on coal sales contracts fro ...


Monday, 27 December 10
ANALYSIS: CHINA'S COAL PRODUCTION MISMATCHED WITH DOMESTIC DEMAND
As reported by iStock Analyst, China's coal market has been trapped in a strange cycle. Large coal production bases are facing overcapacity, while ...


Monday, 27 December 10
HUNT FOR OVERSEAS COAL ASSETS TO INTENSIFY - FINANCIAL EXPRESS
Financial Express reported that, With the Indian economy back on the track after the slowdown, merger and acquisition (M&A) activities in the re ...


   1091 1092 1093 1094 1095   
Showing 5461 to 5465 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 ...

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