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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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Monday, 04 October 10
2 BLN TONS OF COAL RESERVES DISCOVERED IN SOUTHERN PAKISTAN - XINHUA / HELLENIC SHIPPING
Xinhua and Hellenic Shipping reporte dhtat, the discovery of at least two billion tons of usable coal reserves has been confirmed in one of the ...
Sunday, 03 October 10
THE BDI WAS JUST INCREASED BY 8 POINTS AND CLOSED AT 2452 POINTS LAST FRIDAY - VISTAAR
COALspot.com: The BDI was almost at same levels and just increased by 8 points and closed at 2452 points , however the cape index was up by al ...
Sunday, 03 October 10
NALCO TO FINALIZE INDONESIA COAL DEAL BY JANUARY - HINDUSTAN TIMES
HindustanTimes reported that, state-owned National Aluminium Company (NALCO) will finalise a deal with a coal source in Indonesia for its $4 billion ...
Sunday, 03 October 10
INDONESIA WILL BECOME A NET IMPORTER OF ENERGY IN 2030 - BPPT
Jakarta Updates reported that,Indonesian Agency for the Assessment and Application of Technology (BPPT) predicted that the energy situation in Indon ...
Saturday, 02 October 10
FOUR INDONESIAN COAL FIRMS KEEN TO TIE UP WITH NALCO - SIFY
Sify reported that, Four Indonesian coal companies have shown interest to tie up with public sector National Aluminium Company (Nalco) for its 4 bil ...
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- Miang Besar Coal Terminal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Economic Council, Georgia
- Meralco Power Generation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- MS Steel International - UAE
- Jindal Steel & Power Ltd - India
- Mercator Lines Limited - India
- SN Aboitiz Power Inc, Philippines
- Mintek Dendrill Indonesia
- ASAPP Information Group - India
- Energy Link Ltd, New Zealand
- Leighton Contractors Pty Ltd - Australia
- Siam City Cement PLC, Thailand
- Agrawal Coal Company - India
- Billiton Holdings Pty Ltd - Australia
- The Treasury - Australian Government
- Sree Jayajothi Cements Limited - India
- Cigading International Bulk Terminal - Indonesia
- Xindia Steels Limited - India
- Bhatia International Limited - India
- GMR Energy Limited - India
- Pendopo Energi Batubara - Indonesia
- European Bulk Services B.V. - Netherlands
- Marubeni Corporation - India
- Pipit Mutiara Jaya. PT, Indonesia
- Cement Manufacturers Association - India
- Bahari Cakrawala Sebuku - Indonesia
- SMG Consultants - Indonesia
- Manunggal Multi Energi - Indonesia
- Iligan Light & Power Inc, Philippines
- Uttam Galva Steels Limited - India
- Indogreen Group - Indonesia
- PTC India Limited - India
- SMC Global Power, Philippines
- CNBM International Corporation - China
- Global Green Power PLC Corporation, Philippines
- New Zealand Coal & Carbon
- Rashtriya Ispat Nigam Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Metalloyd Limited - United Kingdom
- Chamber of Mines of South Africa
- Ministry of Mines - Canada
- Bayan Resources Tbk. - Indonesia
- Port Waratah Coal Services - Australia
- Larsen & Toubro Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Thai Mozambique Logistica
- Antam Resourcindo - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Tata Chemicals Ltd - India
- Renaissance Capital - South Africa
- Eastern Coal Council - USA
- Barasentosa Lestari - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- IEA Clean Coal Centre - UK
- Bulk Trading Sa - Switzerland
- Australian Commodity Traders Exchange
- Ministry of Finance - Indonesia
- IHS Mccloskey Coal Group - USA
- Bukit Makmur.PT - Indonesia
- Bharathi Cement Corporation - India
- Commonwealth Bank - Australia
- Essar Steel Hazira Ltd - India
- Salva Resources Pvt Ltd - India
- Lanco Infratech Ltd - India
- The University of Queensland
- Gujarat Electricity Regulatory Commission - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Parliament of New Zealand
- Therma Luzon, Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- Tamil Nadu electricity Board
- Central Electricity Authority - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Petron Corporation, Philippines
- Australian Coal Association
- Goldman Sachs - Singapore
- Gujarat Sidhee Cement - India
- GVK Power & Infra Limited - India
- Minerals Council of Australia
- Coastal Gujarat Power Limited - India
- Sical Logistics Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Bhoruka Overseas - Indonesia
- Power Finance Corporation Ltd., India
- Altura Mining Limited, Indonesia
- Parry Sugars Refinery, India
- Formosa Plastics Group - Taiwan
- Ambuja Cements Ltd - India
- Standard Chartered Bank - UAE
- Attock Cement Pakistan Limited
- AsiaOL BioFuels Corp., Philippines
- Indonesian Coal Mining Association
- Central Java Power - Indonesia
- London Commodity Brokers - England
- Kobexindo Tractors - Indoneisa
- Chettinad Cement Corporation Ltd - India
- Riau Bara Harum - Indonesia
- Sakthi Sugars Limited - India
- Sarangani Energy Corporation, Philippines
- Orica Australia Pty. Ltd.
- Eastern Energy - Thailand
- Timah Investasi Mineral - Indoneisa
- Vizag Seaport Private Limited - India
- Aboitiz Power Corporation - Philippines
- Dalmia Cement Bharat India
- Medco Energi Mining Internasional
- Maharashtra Electricity Regulatory Commission - India
- The State Trading Corporation of India Ltd
- Toyota Tsusho Corporation, Japan
- Indian Oil Corporation Limited
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Mercuria Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Sojitz Corporation - Japan
- Global Coal Blending Company Limited - Australia
- GAC Shipping (India) Pvt Ltd
- Indika Energy - Indonesia
- Aditya Birla Group - India
- Straits Asia Resources Limited - Singapore
- Global Business Power Corporation, Philippines
- Makarim & Taira - Indonesia
- ICICI Bank Limited - India
- Star Paper Mills Limited - India
- Carbofer General Trading SA - India
- Planning Commission, India
- Directorate General of MIneral and Coal - Indonesia
- Baramulti Group, Indonesia
- Posco Energy - South Korea
- Directorate Of Revenue Intelligence - India
- Rio Tinto Coal - Australia
- Madhucon Powers Ltd - India
- India Bulls Power Limited - India
- Vedanta Resources Plc - India
- Bukit Baiduri Energy - Indonesia
- Energy Development Corp, Philippines
- White Energy Company Limited
- Jaiprakash Power Ventures ltd
- Samtan Co., Ltd - South Korea
- Maheswari Brothers Coal Limited - India
- Mjunction Services Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Asmin Koalindo Tuhup - Indonesia
- Georgia Ports Authority, United States
- Edison Trading Spa - Italy
- Semirara Mining and Power Corporation, Philippines
- Ministry of Transport, Egypt
- PowerSource Philippines DevCo
- Simpson Spence & Young - Indonesia
- PNOC Exploration Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- Coal and Oil Company - UAE
- Wilmar Investment Holdings
- Bangladesh Power Developement Board
- San Jose City I Power Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Kumho Petrochemical, South Korea
- McConnell Dowell - Australia
- Videocon Industries ltd - India
- Latin American Coal - Colombia
- Deloitte Consulting - India
- Banpu Public Company Limited - Thailand
- VISA Power Limited - India
- Merrill Lynch Commodities Europe
- Savvy Resources Ltd - HongKong
- South Luzon Thermal Energy Corporation
- Vijayanagar Sugar Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Kideco Jaya Agung - Indonesia
- Semirara Mining Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- Sindya Power Generating Company Private Ltd
- Coalindo Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Interocean Group of Companies - India
- Romanian Commodities Exchange
- Sinarmas Energy and Mining - Indonesia
- Heidelberg Cement - Germany
- Thiess Contractors Indonesia
- Kepco SPC Power Corporation, Philippines
- Singapore Mercantile Exchange
- Kartika Selabumi Mining - Indonesia
- Siam City Cement - Thailand
- Oldendorff Carriers - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Intertek Mineral Services - Indonesia
- Grasim Industreis Ltd - India
- Trasteel International SA, Italy
- Indian Energy Exchange, India
- Kohat Cement Company Ltd. - Pakistan
- Borneo Indobara - Indonesia
- Electricity Generating Authority of Thailand
- Orica Mining Services - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Kaltim Prima Coal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Electricity Authority, New Zealand
- Ind-Barath Power Infra Limited - India
- CIMB Investment Bank - Malaysia
- Binh Thuan Hamico - Vietnam
- LBH Netherlands Bv - Netherlands
- Globalindo Alam Lestari - Indonesia
- Anglo American - United Kingdom
- Alfred C Toepfer International GmbH - Germany
- Price Waterhouse Coopers - Russia
- Bukit Asam (Persero) Tbk - Indonesia
- Africa Commodities Group - South Africa
- Independent Power Producers Association of India
- TeaM Sual Corporation - Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhushan Steel Limited - India
- Wood Mackenzie - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Malabar Cements Ltd - India
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