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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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Wednesday, 25 August 10
GOVT SHOULD ALLOW DUTY-FREE IMPORT OF THERMAL COAL: ASSOCHAM
Industry body Assocham Wednesday said the government should allow duty free import of thermal coal to bring down power tariffs in the country.
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Wednesday, 25 August 10
INDIAS ADANI GROUP TO BUILD COAL RAILWAY IN INDONESIA
COALspot.com: India’s Adani Group, Indonesia’s state coal producer PT Tambang Batubara Bukit Asam (PTBA), and the South Sumatra provinci ...
Wednesday, 25 August 10
CME GROUP WILL LAUNCH NEW COAL CONTRACTS
Press Release: CME Group, the world’s leading and most diverse derivatives marketplace, today announced the launch of trading and clearing ser ...
Tuesday, 24 August 10
INDIA IMPORTS 1.3 MILLION TONS COAL LAST WEEK
COALspot.com: India has imported 1.3 million tons of non - Coking coal and 468,229 Mt of coking coal for the period 16 - 22 August 2010 ...
Monday, 23 August 10
COAL FOR FAST-TRACK PROGRAM ASSURED
Antara and the Jakarta globe reported that, the coal supply for the government’s 10,000 megawatt “fast- track” program was assured ...
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- Sojitz Corporation - Japan
- Jaiprakash Power Ventures ltd
- Eastern Energy - Thailand
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- CNBM International Corporation - China
- Coal and Oil Company - UAE
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- Tamil Nadu electricity Board
- Electricity Generating Authority of Thailand
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- Neyveli Lignite Corporation Ltd, - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
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- Indogreen Group - Indonesia
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- Bharathi Cement Corporation - India
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- Gujarat Electricity Regulatory Commission - India
- Aboitiz Power Corporation - Philippines
- IEA Clean Coal Centre - UK
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- Formosa Plastics Group - Taiwan
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- Trasteel International SA, Italy
- GMR Energy Limited - India
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- Edison Trading Spa - Italy
- PNOC Exploration Corporation - Philippines
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- Energy Development Corp, Philippines
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- The Treasury - Australian Government
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- Siam City Cement - Thailand
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- Antam Resourcindo - Indonesia
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- Indian Energy Exchange, India
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- Mjunction Services Limited - India
- Banpu Public Company Limited - Thailand
- Oldendorff Carriers - Singapore
- Sree Jayajothi Cements Limited - India
- Bhoruka Overseas - Indonesia
- Planning Commission, India
- Cigading International Bulk Terminal - Indonesia
- Africa Commodities Group - South Africa
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- Rashtriya Ispat Nigam Limited - India
- Sarangani Energy Corporation, Philippines
- Ambuja Cements Ltd - India
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- South Luzon Thermal Energy Corporation
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- Directorate General of MIneral and Coal - Indonesia
- Xindia Steels Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Merrill Lynch Commodities Europe
- Energy Link Ltd, New Zealand
- Minerals Council of Australia
- Karaikal Port Pvt Ltd - India
- Ministry of Transport, Egypt
- Kepco SPC Power Corporation, Philippines
- Altura Mining Limited, Indonesia
- Manunggal Multi Energi - Indonesia
- Central Electricity Authority - India
- Commonwealth Bank - Australia
- Mintek Dendrill Indonesia
- Global Business Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- Electricity Authority, New Zealand
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- Timah Investasi Mineral - Indoneisa
- Madhucon Powers Ltd - India
- European Bulk Services B.V. - Netherlands
- Bhatia International Limited - India
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- Deloitte Consulting - India
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- Singapore Mercantile Exchange
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- Marubeni Corporation - India
- Karbindo Abesyapradhi - Indoneisa
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- Renaissance Capital - South Africa
- Romanian Commodities Exchange
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- PetroVietnam Power Coal Import and Supply Company
- Intertek Mineral Services - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Wilmar Investment Holdings
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- Bangladesh Power Developement Board
- Leighton Contractors Pty Ltd - Australia
- Alfred C Toepfer International GmbH - Germany
- India Bulls Power Limited - India
- The State Trading Corporation of India Ltd
- Parry Sugars Refinery, India
- Global Green Power PLC Corporation, Philippines
- Meralco Power Generation, Philippines
- Directorate Of Revenue Intelligence - India
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- Australian Commodity Traders Exchange
- TNB Fuel Sdn Bhd - Malaysia
- International Coal Ventures Pvt Ltd - India
- Rio Tinto Coal - Australia
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- White Energy Company Limited
- Mercator Lines Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Indian Oil Corporation Limited
- Semirara Mining and Power Corporation, Philippines
- Economic Council, Georgia
- Ministry of Finance - Indonesia
- Coastal Gujarat Power Limited - India
- SMG Consultants - Indonesia
- SN Aboitiz Power Inc, Philippines
- Medco Energi Mining Internasional
- Asmin Koalindo Tuhup - Indonesia
- GVK Power & Infra Limited - India
- SMC Global Power, Philippines
- PowerSource Philippines DevCo
- Goldman Sachs - Singapore
- LBH Netherlands Bv - Netherlands
- Standard Chartered Bank - UAE
- Ceylon Electricity Board - Sri Lanka
- Iligan Light & Power Inc, Philippines
- Orica Australia Pty. Ltd.
- Baramulti Group, Indonesia
- Metalloyd Limited - United Kingdom
- San Jose City I Power Corp, Philippines
- GAC Shipping (India) Pvt Ltd
- Parliament of New Zealand
- Siam City Cement PLC, Thailand
- Essar Steel Hazira Ltd - India
- Wood Mackenzie - Singapore
- Barasentosa Lestari - Indonesia
- Sakthi Sugars Limited - India
- Georgia Ports Authority, United States
- PTC India Limited - India
- Grasim Industreis Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Price Waterhouse Coopers - Russia
- Global Coal Blending Company Limited - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- London Commodity Brokers - England
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- Simpson Spence & Young - Indonesia
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- Indika Energy - Indonesia
- Australian Coal Association
- Sical Logistics Limited - India
- Lanco Infratech Ltd - India
- Independent Power Producers Association of India
- Indo Tambangraya Megah - Indonesia
- Savvy Resources Ltd - HongKong
- Videocon Industries ltd - India
- Bukit Makmur.PT - Indonesia
- Eastern Coal Council - USA
- Bank of Tokyo Mitsubishi UFJ Ltd
- ASAPP Information Group - India
- Maharashtra Electricity Regulatory Commission - India
- Bulk Trading Sa - Switzerland
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- OPG Power Generation Pvt Ltd - India
- MS Steel International - UAE
- Orica Mining Services - Indonesia
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- Binh Thuan Hamico - Vietnam
- Petrochimia International Co. Ltd.- Taiwan
- Star Paper Mills Limited - India
- Interocean Group of Companies - India
- Borneo Indobara - Indonesia
- Thai Mozambique Logistica
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