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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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Thursday, 02 December 10
INDIA'S COAL SHORTAGE TO DEEPEN NEXT YEAR - MONEY CONTROL
Money Control reported that, India's coal deficit will deepen sharply next year, its coal minister said on Tuesday, forcing Asia's third largest e ...
Thursday, 02 December 10
CIL INCHES CLOSER TO PEABODY STAKE DEAL - THE TELEGRAPH INDIA
The Telegraph India reported that, state-run Coal India Ltd (CIL) hopes to complete negotiations to buy over 10 per cent in Australian miner Peabody ...
Thursday, 02 December 10
DRY BULK MARKET WEIGHED DOWN BY CAPESIZE BLUES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The negative sentiment currently undergoing in the capesize market has kept the dry bulk market’s benchmark, the Baltic Dry Index (BDI) on the ...
Monday, 29 November 10
NUCLEAR SUPERTANKERS TO SHAKE UP SHIPPING - THIS IS MONEY
This is money reported that, plans are under way that could see nuclear-powered supertankers sailing the world’s shipping lanes, refuelling on ...
Sunday, 28 November 10
FREIGHT MARKET SEEMS TO BE NERVOUS - VISTAAR
COALspot.com - The freight market continued to remain uncertain even though only cape index was down by 8.31 pct.
Overall the market seems to be ...
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- Pendopo Energi Batubara - Indonesia
- Meralco Power Generation, Philippines
- SMC Global Power, Philippines
- Tata Chemicals Ltd - India
- Xindia Steels Limited - India
- Renaissance Capital - South Africa
- Cement Manufacturers Association - India
- Bukit Asam (Persero) Tbk - Indonesia
- Central Electricity Authority - India
- Manunggal Multi Energi - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Chamber of Mines of South Africa
- Posco Energy - South Korea
- Africa Commodities Group - South Africa
- Billiton Holdings Pty Ltd - Australia
- McConnell Dowell - Australia
- Vizag Seaport Private Limited - India
- Binh Thuan Hamico - Vietnam
- Ministry of Mines - Canada
- Standard Chartered Bank - UAE
- Georgia Ports Authority, United States
- Bulk Trading Sa - Switzerland
- Siam City Cement - Thailand
- Australian Commodity Traders Exchange
- Salva Resources Pvt Ltd - India
- Petron Corporation, Philippines
- Bharathi Cement Corporation - India
- The Treasury - Australian Government
- Bhushan Steel Limited - India
- LBH Netherlands Bv - Netherlands
- Indo Tambangraya Megah - Indonesia
- Jaiprakash Power Ventures ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Merrill Lynch Commodities Europe
- Sojitz Corporation - Japan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mintek Dendrill Indonesia
- SN Aboitiz Power Inc, Philippines
- San Jose City I Power Corp, Philippines
- Therma Luzon, Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Videocon Industries ltd - India
- Global Green Power PLC Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Parliament of New Zealand
- Aditya Birla Group - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Iligan Light & Power Inc, Philippines
- Thai Mozambique Logistica
- Indian Oil Corporation Limited
- Bahari Cakrawala Sebuku - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Coal and Oil Company - UAE
- Kartika Selabumi Mining - Indonesia
- Ind-Barath Power Infra Limited - India
- Orica Mining Services - Indonesia
- Essar Steel Hazira Ltd - India
- Karaikal Port Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Sarangani Energy Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Maharashtra Electricity Regulatory Commission - India
- Independent Power Producers Association of India
- Indian Energy Exchange, India
- Globalindo Alam Lestari - Indonesia
- Jindal Steel & Power Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Bangladesh Power Developement Board
- AsiaOL BioFuels Corp., Philippines
- Rio Tinto Coal - Australia
- Kaltim Prima Coal - Indonesia
- London Commodity Brokers - England
- Central Java Power - Indonesia
- New Zealand Coal & Carbon
- Holcim Trading Pte Ltd - Singapore
- Price Waterhouse Coopers - Russia
- Bhoruka Overseas - Indonesia
- Larsen & Toubro Limited - India
- Deloitte Consulting - India
- Tamil Nadu electricity Board
- Malabar Cements Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Economic Council, Georgia
- Port Waratah Coal Services - Australia
- Trasteel International SA, Italy
- Eastern Energy - Thailand
- Mjunction Services Limited - India
- Dalmia Cement Bharat India
- White Energy Company Limited
- Barasentosa Lestari - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Eastern Coal Council - USA
- Formosa Plastics Group - Taiwan
- Goldman Sachs - Singapore
- Semirara Mining and Power Corporation, Philippines
- Orica Australia Pty. Ltd.
- Attock Cement Pakistan Limited
- PetroVietnam Power Coal Import and Supply Company
- Krishnapatnam Port Company Ltd. - India
- Indonesian Coal Mining Association
- Kumho Petrochemical, South Korea
- Power Finance Corporation Ltd., India
- Commonwealth Bank - Australia
- Energy Development Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- VISA Power Limited - India
- Bhatia International Limited - India
- Leighton Contractors Pty Ltd - Australia
- Bukit Makmur.PT - Indonesia
- PTC India Limited - India
- Minerals Council of Australia
- Global Business Power Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- CNBM International Corporation - China
- GVK Power & Infra Limited - India
- Agrawal Coal Company - India
- Carbofer General Trading SA - India
- Samtan Co., Ltd - South Korea
- Borneo Indobara - Indonesia
- Indika Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- The State Trading Corporation of India Ltd
- GAC Shipping (India) Pvt Ltd
- Kideco Jaya Agung - Indonesia
- Planning Commission, India
- Makarim & Taira - Indonesia
- Bukit Baiduri Energy - Indonesia
- Siam City Cement PLC, Thailand
- Marubeni Corporation - India
- Grasim Industreis Ltd - India
- Gujarat Sidhee Cement - India
- Electricity Generating Authority of Thailand
- Bayan Resources Tbk. - Indonesia
- Anglo American - United Kingdom
- Metalloyd Limited - United Kingdom
- Ministry of Finance - Indonesia
- Interocean Group of Companies - India
- Directorate Of Revenue Intelligence - India
- Latin American Coal - Colombia
- Romanian Commodities Exchange
- Straits Asia Resources Limited - Singapore
- TeaM Sual Corporation - Philippines
- MS Steel International - UAE
- Madhucon Powers Ltd - India
- Ministry of Transport, Egypt
- Rashtriya Ispat Nigam Limited - India
- Edison Trading Spa - Italy
- Sinarmas Energy and Mining - Indonesia
- IEA Clean Coal Centre - UK
- Sical Logistics Limited - India
- Ambuja Cements Ltd - India
- Timah Investasi Mineral - Indoneisa
- Directorate General of MIneral and Coal - Indonesia
- The University of Queensland
- India Bulls Power Limited - India
- Mercuria Energy - Indonesia
- Indogreen Group - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Heidelberg Cement - Germany
- Australian Coal Association
- Coastal Gujarat Power Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Intertek Mineral Services - Indonesia
- Kobexindo Tractors - Indoneisa
- Karbindo Abesyapradhi - Indoneisa
- Vedanta Resources Plc - India
- Sindya Power Generating Company Private Ltd
- CIMB Investment Bank - Malaysia
- GMR Energy Limited - India
- Sakthi Sugars Limited - India
- Banpu Public Company Limited - Thailand
- IHS Mccloskey Coal Group - USA
- South Luzon Thermal Energy Corporation
- European Bulk Services B.V. - Netherlands
- Coalindo Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Oldendorff Carriers - Singapore
- Altura Mining Limited, Indonesia
- Riau Bara Harum - Indonesia
- PNOC Exploration Corporation - Philippines
- Toyota Tsusho Corporation, Japan
- Semirara Mining Corp, Philippines
- SMG Consultants - Indonesia
- Energy Link Ltd, New Zealand
- Wood Mackenzie - Singapore
- Mercator Lines Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Lanco Infratech Ltd - India
- Medco Energi Mining Internasional
- Parry Sugars Refinery, India
- Singapore Mercantile Exchange
- Gujarat Mineral Development Corp Ltd - India
- Meenaskhi Energy Private Limited - India
- Thiess Contractors Indonesia
- Aboitiz Power Corporation - Philippines
- Baramulti Group, Indonesia
- ASAPP Information Group - India
- Wilmar Investment Holdings
- Savvy Resources Ltd - HongKong
- Uttam Galva Steels Limited - India
- Cigading International Bulk Terminal - Indonesia
- Sree Jayajothi Cements Limited - India
- PowerSource Philippines DevCo
- Electricity Authority, New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Chettinad Cement Corporation Ltd - India
- ICICI Bank Limited - India
- Star Paper Mills Limited - India
- Antam Resourcindo - Indonesia
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