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

Friday, 12 November 10
BANPU'S NET PROFIT HAS INCREASED 249 PERCENT IN 3Q 2010 COMPARED TO THE SAME PERIOD LAST YEAR
COALspot.com: Banpu Public Company Limited (BANPU) reports its financial performance for the third quarter 2010, posting a net profit of THB 13,293 ...


Friday, 12 November 10
DRY BULK MARKET STILL ON A FREEFALL - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market failed to show any signs of life this week, with the Baltic Dry Index (BDI) still being on the red, now stretching more than 11 ...


Thursday, 11 November 10
KOMIPO WANTS 400KT OF SUB BITUMINOUS COAL
COALspot.com : Korea Midland Power Co. Ltd. (KOMIPO) is looking for 400,000 MT of sub bituminous coal through International open bidding. The delive ...


Wednesday, 10 November 10
NTPC TO IMPORT 12 MILLION TONS OF COAL IN 2011
COALspot.com: India's State Trading Corp Ltd a public sector Govt of India co. is looking for 12 million tones (+/- 2%) of imported coal for NTPC. ...


Tuesday, 09 November 10
NOBLE GROUP APPOINTED AS THE EXCLUSIVE MARKETING AGENT FOR PT. BERAU COAL
COALspot.com: Noble Group Limited has recently been appointed as the exclusive marketing agent for PT. Berau Coal production exported to internation ...


   1105 1106 1107 1108 1109   
Showing 5531 to 5535 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 ...

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