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

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 ...


   1115 1116 1117 1118 1119   
Showing 5581 to 5585 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 ...

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