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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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Friday, 01 October 10
COAL TRADERS POWER FOREIGN ASSET BUYS - ECONOMIC TIMES
Economic Times reported that, the rush to own coal assets is leading to innovative alliances. are teaming up with utilities like , Reliance Power an ...
Thursday, 30 September 10
LOW CALORIFIC VALUE COAL MAY BE SOLD BELOW COAL REFERENCE PRICE IN INDONESIA
COALspot.com: Indonesia, the world’s largest coal exporter has issued another ministerial decree to regulate the selling price of coal of Indo ...
Thursday, 30 September 10
INITIAL PHASE OF MOATIZE MINING BY EARLY NOVEMBER - ALL AFRICA
All Africa report that, the initial phase of mining coal at Moatize, in the western Mozambican province of Tete, will begin by early November, and t ...
Thursday, 30 September 10
THE PANAMAX CONTINUED ITS DOWNWARD TREND FROM LAST WEEK - FEARNBULK
HANDY
Activity remains slow this week combined with a lack of fresh enquiry and tonnage over-supply in the Atlantic. Indexes are all negative exce ...
Thursday, 30 September 10
INDONESIAN COAL FOR POWER PLANT - LANKA GAZETTE
Lanka Gazette reported that, A cargo vessel with coal on board to generate electricity for the Norochcholai Coal Power Plant will arrive in Sri Lank ...
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- Electricity Generating Authority of Thailand
- Bhushan Steel Limited - India
- Australian Commodity Traders Exchange
- Singapore Mercantile Exchange
- Interocean Group of Companies - India
- European Bulk Services B.V. - Netherlands
- Oldendorff Carriers - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Jaiprakash Power Ventures ltd
- Kapuas Tunggal Persada - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Edison Trading Spa - Italy
- Bangladesh Power Developement Board
- Bukit Asam (Persero) Tbk - Indonesia
- Bharathi Cement Corporation - India
- Ministry of Mines - Canada
- Madhucon Powers Ltd - India
- Samtan Co., Ltd - South Korea
- CNBM International Corporation - China
- Toyota Tsusho Corporation, Japan
- Mjunction Services Limited - India
- Cement Manufacturers Association - India
- Binh Thuan Hamico - Vietnam
- Mercuria Energy - Indonesia
- Mintek Dendrill Indonesia
- Anglo American - United Kingdom
- Therma Luzon, Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Maheswari Brothers Coal Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhoruka Overseas - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Banpu Public Company Limited - Thailand
- Medco Energi Mining Internasional
- GN Power Mariveles Coal Plant, Philippines
- PNOC Exploration Corporation - Philippines
- Sarangani Energy Corporation, Philippines
- Star Paper Mills Limited - India
- White Energy Company Limited
- Georgia Ports Authority, United States
- Savvy Resources Ltd - HongKong
- Indogreen Group - Indonesia
- Altura Mining Limited, Indonesia
- Minerals Council of Australia
- Dalmia Cement Bharat India
- Commonwealth Bank - Australia
- Wilmar Investment Holdings
- The Treasury - Australian Government
- Uttam Galva Steels Limited - India
- CIMB Investment Bank - Malaysia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Goldman Sachs - Singapore
- Timah Investasi Mineral - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PTC India Limited - India
- SN Aboitiz Power Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Kideco Jaya Agung - Indonesia
- Vedanta Resources Plc - India
- Bukit Makmur.PT - Indonesia
- Manunggal Multi Energi - Indonesia
- Essar Steel Hazira Ltd - India
- TeaM Sual Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- Simpson Spence & Young - Indonesia
- Wood Mackenzie - Singapore
- Ceylon Electricity Board - Sri Lanka
- Eastern Coal Council - USA
- Mercator Lines Limited - India
- SMG Consultants - Indonesia
- Global Green Power PLC Corporation, Philippines
- Agrawal Coal Company - India
- Bayan Resources Tbk. - Indonesia
- LBH Netherlands Bv - Netherlands
- Ministry of Transport, Egypt
- Sical Logistics Limited - India
- Baramulti Group, Indonesia
- Borneo Indobara - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- OPG Power Generation Pvt Ltd - India
- Eastern Energy - Thailand
- GMR Energy Limited - India
- MS Steel International - UAE
- Gujarat Sidhee Cement - India
- Makarim & Taira - Indonesia
- Chettinad Cement Corporation Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Orica Mining Services - Indonesia
- PowerSource Philippines DevCo
- Latin American Coal - Colombia
- Marubeni Corporation - India
- Holcim Trading Pte Ltd - Singapore
- Aditya Birla Group - India
- Power Finance Corporation Ltd., India
- Globalindo Alam Lestari - Indonesia
- VISA Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- Siam City Cement - Thailand
- SMC Global Power, Philippines
- Salva Resources Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Directorate Of Revenue Intelligence - India
- Chamber of Mines of South Africa
- Renaissance Capital - South Africa
- Miang Besar Coal Terminal - Indonesia
- Planning Commission, India
- Posco Energy - South Korea
- Vizag Seaport Private Limited - India
- Kepco SPC Power Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Thai Mozambique Logistica
- Tamil Nadu electricity Board
- AsiaOL BioFuels Corp., Philippines
- Merrill Lynch Commodities Europe
- Iligan Light & Power Inc, Philippines
- Coalindo Energy - Indonesia
- Parry Sugars Refinery, India
- ICICI Bank Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Karbindo Abesyapradhi - Indoneisa
- Bulk Trading Sa - Switzerland
- McConnell Dowell - Australia
- Sakthi Sugars Limited - India
- IEA Clean Coal Centre - UK
- Vijayanagar Sugar Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Videocon Industries ltd - India
- Standard Chartered Bank - UAE
- Aboitiz Power Corporation - Philippines
- Grasim Industreis Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Meenaskhi Energy Private Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Indo Tambangraya Megah - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- GVK Power & Infra Limited - India
- Economic Council, Georgia
- Indonesian Coal Mining Association
- Meralco Power Generation, Philippines
- Intertek Mineral Services - Indonesia
- Sojitz Corporation - Japan
- New Zealand Coal & Carbon
- Xindia Steels Limited - India
- Deloitte Consulting - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Carbofer General Trading SA - India
- Ministry of Finance - Indonesia
- The University of Queensland
- Krishnapatnam Port Company Ltd. - India
- Thiess Contractors Indonesia
- Bukit Baiduri Energy - Indonesia
- Rio Tinto Coal - Australia
- Kartika Selabumi Mining - Indonesia
- Energy Development Corp, Philippines
- Coal and Oil Company - UAE
- Ambuja Cements Ltd - India
- Leighton Contractors Pty Ltd - Australia
- GAC Shipping (India) Pvt Ltd
- Heidelberg Cement - Germany
- Straits Asia Resources Limited - Singapore
- Indian Energy Exchange, India
- Formosa Plastics Group - Taiwan
- Parliament of New Zealand
- India Bulls Power Limited - India
- Electricity Authority, New Zealand
- London Commodity Brokers - England
- South Luzon Thermal Energy Corporation
- Malabar Cements Ltd - India
- Orica Australia Pty. Ltd.
- Coastal Gujarat Power Limited - India
- Gujarat Electricity Regulatory Commission - India
- International Coal Ventures Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Petron Corporation, Philippines
- Tata Chemicals Ltd - India
- Lanco Infratech Ltd - India
- ASAPP Information Group - India
- Jindal Steel & Power Ltd - India
- Semirara Mining Corp, Philippines
- Rashtriya Ispat Nigam Limited - India
- Bhatia International Limited - India
- Riau Bara Harum - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Port Waratah Coal Services - Australia
- Pendopo Energi Batubara - Indonesia
- Indian Oil Corporation Limited
- Pipit Mutiara Jaya. PT, Indonesia
- Trasteel International SA, Italy
- Indika Energy - Indonesia
- Central Electricity Authority - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Independent Power Producers Association of India
- Sree Jayajothi Cements Limited - India
- Ind-Barath Power Infra Limited - India
- Metalloyd Limited - United Kingdom
- Romanian Commodities Exchange
- Energy Link Ltd, New Zealand
- Barasentosa Lestari - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Attock Cement Pakistan Limited
- Australian Coal Association
- Africa Commodities Group - South Africa
- Alfred C Toepfer International GmbH - Germany
- San Jose City I Power Corp, Philippines
- Siam City Cement PLC, Thailand
- Larsen & Toubro Limited - India
- Global Coal Blending Company Limited - Australia
- Price Waterhouse Coopers - Russia
- Central Java Power - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Kobexindo Tractors - Indoneisa
- Kumho Petrochemical, South Korea
- Antam Resourcindo - Indonesia
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