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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 $130 this year.
Source: The Jakarta Post
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Monday, 20 September 10
MMTC SEEKS TO BUY 1.3 MT OF COAL FOR INDIA UTILITIES - SXCOAL
MMTC Ltd., India’s largest state- owned trading company, is seeking bids for the supply of 1.3 million tonnes of coal to feed power plants run ...
Monday, 20 September 10
KANGAROO RESOURCES SIGNS PARTNERSHIP WITH ASEAMCO FOR INDONESIAN COAL ASSETS - PROACTIVE INVESTORS
International coal producer Kangaroo Resources (ASX: KRL) has completed a new three-year agreement with Australian mining consultants ASEAMCO to del ...
Monday, 20 September 10
ICVL LOOKS FOR COAL ASSETS IN UZBEK, INDONESIA, AUSTRALIA - ECONOMIC TIMES
Economic Times reported that, International Coal Ventures, or ICVL, the special purpose vehicle floated by five state-owned firms to scout for coal ...
Monday, 20 September 10
IRON-ORE SHIPPING DEMAND MAY GAIN ONCE CHINA STEEL CUTS FINISH, SSY SAYS
Demand to transport iron ore may rebound once China ends steel-production cuts and steel prices may gain in the next several months because of the r ...
Saturday, 18 September 10
ECI / CHINA FREIGHT ROUTE DOWN BY 1.22 PCT OR US$ 225 PER DAY AND CLOSED AT US$ 18,123 PER DAY - VISTAAR
COALspot.com: The BDI was under pressure this week and was almost down by 11 pct and closed at 2676 points.
The Cape and Panamax index was almost ...
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- Kapuas Tunggal Persada - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- White Energy Company Limited
- GN Power Mariveles Coal Plant, Philippines
- Karaikal Port Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Krishnapatnam Port Company Ltd. - India
- Australian Commodity Traders Exchange
- Binh Thuan Hamico - Vietnam
- Bharathi Cement Corporation - India
- Coalindo Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Kohat Cement Company Ltd. - Pakistan
- TNB Fuel Sdn Bhd - Malaysia
- Ceylon Electricity Board - Sri Lanka
- Deloitte Consulting - India
- Thai Mozambique Logistica
- Antam Resourcindo - Indonesia
- Central Java Power - Indonesia
- Agrawal Coal Company - India
- Ambuja Cements Ltd - India
- ASAPP Information Group - India
- Banpu Public Company Limited - Thailand
- PNOC Exploration Corporation - Philippines
- GMR Energy Limited - India
- Formosa Plastics Group - Taiwan
- Africa Commodities Group - South Africa
- Energy Development Corp, Philippines
- Cement Manufacturers Association - India
- South Luzon Thermal Energy Corporation
- Neyveli Lignite Corporation Ltd, - India
- GVK Power & Infra Limited - India
- Salva Resources Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Semirara Mining and Power Corporation, Philippines
- Baramulti Group, Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Edison Trading Spa - Italy
- Global Green Power PLC Corporation, Philippines
- Altura Mining Limited, Indonesia
- Renaissance Capital - South Africa
- Savvy Resources Ltd - HongKong
- Iligan Light & Power Inc, Philippines
- Indogreen Group - Indonesia
- Ministry of Transport, Egypt
- Riau Bara Harum - Indonesia
- Bayan Resources Tbk. - Indonesia
- SMC Global Power, Philippines
- PowerSource Philippines DevCo
- Borneo Indobara - Indonesia
- Kideco Jaya Agung - Indonesia
- MS Steel International - UAE
- CIMB Investment Bank - Malaysia
- Australian Coal Association
- Bhushan Steel Limited - India
- Petron Corporation, Philippines
- Orica Mining Services - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Indo Tambangraya Megah - Indonesia
- Samtan Co., Ltd - South Korea
- Aboitiz Power Corporation - Philippines
- OPG Power Generation Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Wood Mackenzie - Singapore
- Parliament of New Zealand
- Oldendorff Carriers - Singapore
- Coal and Oil Company - UAE
- San Jose City I Power Corp, Philippines
- Eastern Coal Council - USA
- Wilmar Investment Holdings
- Central Electricity Authority - India
- Power Finance Corporation Ltd., India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Pendopo Energi Batubara - Indonesia
- Energy Link Ltd, New Zealand
- Bhoruka Overseas - Indonesia
- Price Waterhouse Coopers - Russia
- Indonesian Coal Mining Association
- Sindya Power Generating Company Private Ltd
- The Treasury - Australian Government
- Interocean Group of Companies - India
- Anglo American - United Kingdom
- Kumho Petrochemical, South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- Merrill Lynch Commodities Europe
- New Zealand Coal & Carbon
- Indian Energy Exchange, India
- Timah Investasi Mineral - Indoneisa
- Eastern Energy - Thailand
- Asmin Koalindo Tuhup - Indonesia
- Directorate Of Revenue Intelligence - India
- IHS Mccloskey Coal Group - USA
- Orica Australia Pty. Ltd.
- Larsen & Toubro Limited - India
- European Bulk Services B.V. - Netherlands
- Chamber of Mines of South Africa
- Sarangani Energy Corporation, Philippines
- IEA Clean Coal Centre - UK
- Meenaskhi Energy Private Limited - India
- Marubeni Corporation - India
- Meralco Power Generation, Philippines
- Trasteel International SA, Italy
- Sree Jayajothi Cements Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Globalindo Alam Lestari - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Ministry of Mines - Canada
- Kobexindo Tractors - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Posco Energy - South Korea
- Bhatia International Limited - India
- Rio Tinto Coal - Australia
- Bukit Baiduri Energy - Indonesia
- Lanco Infratech Ltd - India
- Carbofer General Trading SA - India
- Xindia Steels Limited - India
- Chettinad Cement Corporation Ltd - India
- Aditya Birla Group - India
- Bukit Makmur.PT - Indonesia
- London Commodity Brokers - England
- Intertek Mineral Services - Indonesia
- Tata Chemicals Ltd - India
- Uttam Galva Steels Limited - India
- Latin American Coal - Colombia
- Georgia Ports Authority, United States
- Kepco SPC Power Corporation, Philippines
- Siam City Cement - Thailand
- Electricity Generating Authority of Thailand
- Global Business Power Corporation, Philippines
- Electricity Authority, New Zealand
- Romanian Commodities Exchange
- Ind-Barath Power Infra Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Commonwealth Bank - Australia
- AsiaOL BioFuels Corp., Philippines
- Singapore Mercantile Exchange
- Star Paper Mills Limited - India
- Sinarmas Energy and Mining - Indonesia
- McConnell Dowell - Australia
- LBH Netherlands Bv - Netherlands
- Kalimantan Lumbung Energi - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Therma Luzon, Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Tamil Nadu electricity Board
- Economic Council, Georgia
- Vizag Seaport Private Limited - India
- Sojitz Corporation - Japan
- Goldman Sachs - Singapore
- Independent Power Producers Association of India
- Coastal Gujarat Power Limited - India
- Medco Energi Mining Internasional
- Heidelberg Cement - Germany
- PetroVietnam Power Coal Import and Supply Company
- Toyota Tsusho Corporation, Japan
- Minerals Council of Australia
- Mintek Dendrill Indonesia
- Dalmia Cement Bharat India
- Alfred C Toepfer International GmbH - Germany
- Barasentosa Lestari - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Standard Chartered Bank - UAE
- Mercuria Energy - Indonesia
- Jaiprakash Power Ventures ltd
- Jindal Steel & Power Ltd - India
- Metalloyd Limited - United Kingdom
- Miang Besar Coal Terminal - Indonesia
- Bangladesh Power Developement Board
- Parry Sugars Refinery, India
- Mercator Lines Limited - India
- GAC Shipping (India) Pvt Ltd
- Rashtriya Ispat Nigam Limited - India
- India Bulls Power Limited - India
- Grasim Industreis Ltd - India
- Kartika Selabumi Mining - Indonesia
- Gujarat Electricity Regulatory Commission - India
- SN Aboitiz Power Inc, Philippines
- Bulk Trading Sa - Switzerland
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- ICICI Bank Limited - India
- Maheswari Brothers Coal Limited - India
- The State Trading Corporation of India Ltd
- CNBM International Corporation - China
- Sakthi Sugars Limited - India
- Attock Cement Pakistan Limited
- International Coal Ventures Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Madhucon Powers Ltd - India
- Makarim & Taira - Indonesia
- Semirara Mining Corp, Philippines
- VISA Power Limited - India
- Leighton Contractors Pty Ltd - Australia
- SMG Consultants - Indonesia
- Essar Steel Hazira Ltd - India
- Ministry of Finance - Indonesia
- Malabar Cements Ltd - India
- Global Coal Blending Company Limited - Australia
- Indian Oil Corporation Limited
- Planning Commission, India
- Siam City Cement PLC, Thailand
- Vedanta Resources Plc - India
- Indika Energy - Indonesia
- Videocon Industries ltd - India
- Maharashtra Electricity Regulatory Commission - India
- PTC India Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Sical Logistics Limited - India
- Mjunction Services Limited - India
- Simpson Spence & Young - Indonesia
- The University of Queensland
- Port Waratah Coal Services - Australia
- Cigading International Bulk Terminal - Indonesia
- Straits Asia Resources Limited - Singapore
- Kaltim Prima Coal - Indonesia
- Thiess Contractors Indonesia
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