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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, 22 December 10
INDONESIAN COAL LOAD PORT WEATHER CONDITION AND DELAYS
COALspot.com - The several leading shipping agents in Indonesia, said due to rainy season in Indonesia, loading activities in coal loading ports hav ...
Wednesday, 22 December 10
COAL INDIA CLOSE TO BUYING 15% STAKE IN AUSTRALIAN MINE - ECONOMIC TIMES
Economic Times reported that, Coal India (CIL) is close to buying a stake between 10% to 15% in an Australian mine owned by Peabody, a US company.
...
Wednesday, 22 December 10
CAPESIZE FUTURES MARKET RATES ARE EXPECTED TO CONTINUE THEIR DRIFT DOWN IN 2011 - BRS
Nearly two months of weekly declines in the Baltic Capesize Index were finally halted last week with a small 1% increase Friday-to-Friday. The impro ...
Wednesday, 22 December 10
DRY BULK MARKET LOOKING FOR DIRECTION AMID HOLIDAYS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market isn’t exhibiting a “festive” behavior, thus cheering ship owners and investors alike. Instead, the industry&rs ...
Tuesday, 21 December 10
CHINA COAL CAP TO BOOST GLOBAL M&A - FINANCIER WORLD WIDE
Financier World Wide reported that, Chinese state-run media has reported that the Central Government intends to cap domestic coal production for fea ...
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- Xindia Steels Limited - India
- Mercuria Energy - Indonesia
- ASAPP Information Group - India
- Maheswari Brothers Coal Limited - India
- TeaM Sual Corporation - Philippines
- Billiton Holdings Pty Ltd - Australia
- Energy Link Ltd, New Zealand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Ambuja Cements Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Binh Thuan Hamico - Vietnam
- Chamber of Mines of South Africa
- Cigading International Bulk Terminal - Indonesia
- Bhoruka Overseas - Indonesia
- Global Coal Blending Company Limited - Australia
- Heidelberg Cement - Germany
- Carbofer General Trading SA - India
- PetroVietnam Power Coal Import and Supply Company
- CIMB Investment Bank - Malaysia
- India Bulls Power Limited - India
- Rio Tinto Coal - Australia
- Minerals Council of Australia
- OPG Power Generation Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Globalindo Alam Lestari - Indonesia
- Edison Trading Spa - Italy
- Kumho Petrochemical, South Korea
- Thai Mozambique Logistica
- Petrochimia International Co. Ltd.- Taiwan
- Sakthi Sugars Limited - India
- Trasteel International SA, Italy
- Dalmia Cement Bharat India
- Kalimantan Lumbung Energi - Indonesia
- Karaikal Port Pvt Ltd - India
- Africa Commodities Group - South Africa
- Romanian Commodities Exchange
- Coal and Oil Company - UAE
- Gujarat Electricity Regulatory Commission - India
- Bukit Asam (Persero) Tbk - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- The Treasury - Australian Government
- Interocean Group of Companies - India
- Anglo American - United Kingdom
- SMG Consultants - Indonesia
- Renaissance Capital - South Africa
- AsiaOL BioFuels Corp., Philippines
- Siam City Cement - Thailand
- Attock Cement Pakistan Limited
- South Luzon Thermal Energy Corporation
- Bhatia International Limited - India
- Antam Resourcindo - Indonesia
- Marubeni Corporation - India
- GN Power Mariveles Coal Plant, Philippines
- GAC Shipping (India) Pvt Ltd
- Gujarat Sidhee Cement - India
- Metalloyd Limited - United Kingdom
- Indogreen Group - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Thiess Contractors Indonesia
- Krishnapatnam Port Company Ltd. - India
- Altura Mining Limited, Indonesia
- Jindal Steel & Power Ltd - India
- Tamil Nadu electricity Board
- Ministry of Finance - Indonesia
- White Energy Company Limited
- Energy Development Corp, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Goldman Sachs - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Standard Chartered Bank - UAE
- Madhucon Powers Ltd - India
- Bharathi Cement Corporation - India
- Manunggal Multi Energi - Indonesia
- Mintek Dendrill Indonesia
- Simpson Spence & Young - Indonesia
- Australian Coal Association
- Intertek Mineral Services - Indonesia
- GVK Power & Infra Limited - India
- LBH Netherlands Bv - Netherlands
- Makarim & Taira - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Wilmar Investment Holdings
- Central Electricity Authority - India
- Orica Australia Pty. Ltd.
- Kobexindo Tractors - Indoneisa
- Directorate Of Revenue Intelligence - India
- Ministry of Mines - Canada
- PowerSource Philippines DevCo
- Holcim Trading Pte Ltd - Singapore
- Indika Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Tata Chemicals Ltd - India
- Vedanta Resources Plc - India
- IHS Mccloskey Coal Group - USA
- Ceylon Electricity Board - Sri Lanka
- Commonwealth Bank - Australia
- Bukit Baiduri Energy - Indonesia
- Parliament of New Zealand
- Miang Besar Coal Terminal - Indonesia
- Deloitte Consulting - India
- PTC India Limited - India
- London Commodity Brokers - England
- Uttam Galva Steels Limited - India
- Star Paper Mills Limited - India
- MS Steel International - UAE
- Eastern Coal Council - USA
- Sarangani Energy Corporation, Philippines
- Wood Mackenzie - Singapore
- Central Java Power - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Malabar Cements Ltd - India
- Samtan Co., Ltd - South Korea
- San Jose City I Power Corp, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Siam City Cement PLC, Thailand
- Ministry of Transport, Egypt
- Indian Oil Corporation Limited
- Kartika Selabumi Mining - Indonesia
- Mjunction Services Limited - India
- Timah Investasi Mineral - Indoneisa
- International Coal Ventures Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Singapore Mercantile Exchange
- Borneo Indobara - Indonesia
- Global Business Power Corporation, Philippines
- Videocon Industries ltd - India
- Formosa Plastics Group - Taiwan
- Straits Asia Resources Limited - Singapore
- Essar Steel Hazira Ltd - India
- Lanco Infratech Ltd - India
- The University of Queensland
- Jorong Barutama Greston.PT - Indonesia
- Larsen & Toubro Limited - India
- Meenaskhi Energy Private Limited - India
- Kepco SPC Power Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Medco Energi Mining Internasional
- SMC Global Power, Philippines
- Cement Manufacturers Association - India
- Ind-Barath Power Infra Limited - India
- Economic Council, Georgia
- European Bulk Services B.V. - Netherlands
- Planning Commission, India
- Bulk Trading Sa - Switzerland
- SN Aboitiz Power Inc, Philippines
- Indonesian Coal Mining Association
- Bayan Resources Tbk. - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Coalindo Energy - Indonesia
- Merrill Lynch Commodities Europe
- Australian Commodity Traders Exchange
- Oldendorff Carriers - Singapore
- Petron Corporation, Philippines
- VISA Power Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Orica Mining Services - Indonesia
- Posco Energy - South Korea
- Latin American Coal - Colombia
- Asmin Koalindo Tuhup - Indonesia
- Grasim Industreis Ltd - India
- Banpu Public Company Limited - Thailand
- Power Finance Corporation Ltd., India
- Therma Luzon, Inc, Philippines
- CNBM International Corporation - China
- Sindya Power Generating Company Private Ltd
- IEA Clean Coal Centre - UK
- Sical Logistics Limited - India
- Chettinad Cement Corporation Ltd - India
- Coastal Gujarat Power Limited - India
- Vizag Seaport Private Limited - India
- New Zealand Coal & Carbon
- Bangladesh Power Developement Board
- Salva Resources Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Mercator Lines Limited - India
- McConnell Dowell - Australia
- Semirara Mining and Power Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Electricity Authority, New Zealand
- Sinarmas Energy and Mining - Indonesia
- Port Waratah Coal Services - Australia
- Semirara Mining Corp, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Baramulti Group, Indonesia
- Global Green Power PLC Corporation, Philippines
- Georgia Ports Authority, United States
- Jaiprakash Power Ventures ltd
- ICICI Bank Limited - India
- Bhushan Steel Limited - India
- Kaltim Prima Coal - Indonesia
- The State Trading Corporation of India Ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Iligan Light & Power Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Agrawal Coal Company - India
- GMR Energy Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Sree Jayajothi Cements Limited - India
- Aditya Birla Group - India
- Eastern Energy - Thailand
- Alfred C Toepfer International GmbH - Germany
- Pendopo Energi Batubara - Indonesia
- Riau Bara Harum - Indonesia
- Indian Energy Exchange, India
- Electricity Generating Authority of Thailand
- Kapuas Tunggal Persada - Indonesia
- Savvy Resources Ltd - HongKong
- Sojitz Corporation - Japan
- Indo Tambangraya Megah - Indonesia
- Independent Power Producers Association of India
- Bahari Cakrawala Sebuku - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Price Waterhouse Coopers - Russia
- Meralco Power Generation, Philippines
- Parry Sugars Refinery, India
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