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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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Thursday, 19 August 10
INDONESIA EXPORTED 5.93 MLN TON OF COAL TO CHINA AND 3.52 MLN TONS TO INDIA IN JULY
COALspot.com: Indonesia shipped 3.52 million tones of thermal coal to India in July, fell 25.39 percent compared to June's exports of 4.71 million ...
Thursday, 19 August 10
WBPDCL INDIA LAUNCHES SPOT COAL TENDER
COALspot.com: The West Bengal Power Development Corporation Limited (WBPDCL ), A Govt. of West Bengal Enterprise, has launched spot contract tender ...
Thursday, 19 August 10
PANAMAX BACKED BY A STRONGER SHORT PERIOD MARKET AND SUPPORTED BY SOME FRESH REQUIREMENTS - FEARNBULK
Handy
The events of this week have confirmed our assessment of last week i.e. activity gradually picked up in the Atlantic with more enquiry seen ...
Thursday, 19 August 10
CSC TO SHIP COAL FOR NOROCHCHOLAI POWER PLANT
Daily Mirror reported that, coal for the Norochcholai Power Plant will be shipped to the country by the Ceylon Shipping Corporation (CSC) officials ...
Wednesday, 18 August 10
MADHUCON TO START MINING AT SUMATRA BLOCK IN 2-3 MONTHS
DNA India reported that, Hyderabad-based Madhucon Projects is set to begin mining at one of its coal blocks in Indonesia in 2-3 months, said S Vaiku ...
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- Maharashtra Electricity Regulatory Commission - India
- Independent Power Producers Association of India
- Coal and Oil Company - UAE
- Ministry of Transport, Egypt
- Makarim & Taira - Indonesia
- Ambuja Cements Ltd - India
- Alfred C Toepfer International GmbH - Germany
- San Jose City I Power Corp, Philippines
- Gujarat Sidhee Cement - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Toyota Tsusho Corporation, Japan
- Antam Resourcindo - Indonesia
- Thai Mozambique Logistica
- South Luzon Thermal Energy Corporation
- Semirara Mining Corp, Philippines
- Marubeni Corporation - India
- Larsen & Toubro Limited - India
- Kartika Selabumi Mining - Indonesia
- Meenaskhi Energy Private Limited - India
- GAC Shipping (India) Pvt Ltd
- Indian Oil Corporation Limited
- Savvy Resources Ltd - HongKong
- Ministry of Mines - Canada
- Neyveli Lignite Corporation Ltd, - India
- Siam City Cement - Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Miang Besar Coal Terminal - Indonesia
- Georgia Ports Authority, United States
- Altura Mining Limited, Indonesia
- Anglo American - United Kingdom
- Asmin Koalindo Tuhup - Indonesia
- ICICI Bank Limited - India
- Metalloyd Limited - United Kingdom
- SMC Global Power, Philippines
- Kobexindo Tractors - Indoneisa
- Carbofer General Trading SA - India
- Interocean Group of Companies - India
- SN Aboitiz Power Inc, Philippines
- Coalindo Energy - Indonesia
- Australian Commodity Traders Exchange
- Energy Link Ltd, New Zealand
- Chettinad Cement Corporation Ltd - India
- Cigading International Bulk Terminal - Indonesia
- GMR Energy Limited - India
- Eastern Energy - Thailand
- Karaikal Port Pvt Ltd - India
- Vizag Seaport Private Limited - India
- The Treasury - Australian Government
- Formosa Plastics Group - Taiwan
- Uttam Galva Steels Limited - India
- Leighton Contractors Pty Ltd - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Oldendorff Carriers - Singapore
- Rio Tinto Coal - Australia
- Bulk Trading Sa - Switzerland
- Manunggal Multi Energi - Indonesia
- Baramulti Group, Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Malabar Cements Ltd - India
- Port Waratah Coal Services - Australia
- LBH Netherlands Bv - Netherlands
- Wood Mackenzie - Singapore
- Coastal Gujarat Power Limited - India
- Tamil Nadu electricity Board
- VISA Power Limited - India
- Mercuria Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- Bayan Resources Tbk. - Indonesia
- Kideco Jaya Agung - Indonesia
- Samtan Co., Ltd - South Korea
- Star Paper Mills Limited - India
- Borneo Indobara - Indonesia
- IHS Mccloskey Coal Group - USA
- Therma Luzon, Inc, Philippines
- Indonesian Coal Mining Association
- Mintek Dendrill Indonesia
- Romanian Commodities Exchange
- Sindya Power Generating Company Private Ltd
- Timah Investasi Mineral - Indoneisa
- Sical Logistics Limited - India
- Rashtriya Ispat Nigam Limited - India
- Lanco Infratech Ltd - India
- Parliament of New Zealand
- Ind-Barath Power Infra Limited - India
- Planning Commission, India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- London Commodity Brokers - England
- Bukit Baiduri Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Power Finance Corporation Ltd., India
- Iligan Light & Power Inc, Philippines
- Madhucon Powers Ltd - India
- Straits Asia Resources Limited - Singapore
- Jaiprakash Power Ventures ltd
- Global Green Power PLC Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Central Java Power - Indonesia
- Videocon Industries ltd - India
- Heidelberg Cement - Germany
- AsiaOL BioFuels Corp., Philippines
- Barasentosa Lestari - Indonesia
- International Coal Ventures Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Medco Energi Mining Internasional
- Ceylon Electricity Board - Sri Lanka
- Dalmia Cement Bharat India
- CNBM International Corporation - China
- Deloitte Consulting - India
- SMG Consultants - Indonesia
- Grasim Industreis Ltd - India
- Energy Development Corp, Philippines
- TeaM Sual Corporation - Philippines
- Bhoruka Overseas - Indonesia
- OPG Power Generation Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Price Waterhouse Coopers - Russia
- Simpson Spence & Young - Indonesia
- Electricity Generating Authority of Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Directorate General of MIneral and Coal - Indonesia
- Bukit Makmur.PT - Indonesia
- Bharathi Cement Corporation - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Goldman Sachs - Singapore
- Singapore Mercantile Exchange
- Globalindo Alam Lestari - Indonesia
- Kumho Petrochemical, South Korea
- Australian Coal Association
- Binh Thuan Hamico - Vietnam
- Orica Mining Services - Indonesia
- Minerals Council of Australia
- Edison Trading Spa - Italy
- The State Trading Corporation of India Ltd
- GVK Power & Infra Limited - India
- Aditya Birla Group - India
- Mjunction Services Limited - India
- Thiess Contractors Indonesia
- Billiton Holdings Pty Ltd - Australia
- Vedanta Resources Plc - India
- Banpu Public Company Limited - Thailand
- Kepco SPC Power Corporation, Philippines
- PTC India Limited - India
- Siam City Cement PLC, Thailand
- Semirara Mining and Power Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Meralco Power Generation, Philippines
- Orica Australia Pty. Ltd.
- Indian Energy Exchange, India
- Kalimantan Lumbung Energi - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Central Electricity Authority - India
- Holcim Trading Pte Ltd - Singapore
- Petron Corporation, Philippines
- Sakthi Sugars Limited - India
- Sinarmas Energy and Mining - Indonesia
- Bangladesh Power Developement Board
- Africa Commodities Group - South Africa
- Jorong Barutama Greston.PT - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- The University of Queensland
- Global Coal Blending Company Limited - Australia
- Standard Chartered Bank - UAE
- Karbindo Abesyapradhi - Indoneisa
- Indogreen Group - Indonesia
- Directorate Of Revenue Intelligence - India
- IEA Clean Coal Centre - UK
- PowerSource Philippines DevCo
- Kohat Cement Company Ltd. - Pakistan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Chamber of Mines of South Africa
- Bhatia International Limited - India
- Intertek Mineral Services - Indonesia
- Merrill Lynch Commodities Europe
- Jindal Steel & Power Ltd - India
- Kapuas Tunggal Persada - Indonesia
- McConnell Dowell - Australia
- Sojitz Corporation - Japan
- Renaissance Capital - South Africa
- Agrawal Coal Company - India
- Parry Sugars Refinery, India
- Wilmar Investment Holdings
- Bank of Tokyo Mitsubishi UFJ Ltd
- Essar Steel Hazira Ltd - India
- Eastern Coal Council - USA
- Cement Manufacturers Association - India
- Indo Tambangraya Megah - Indonesia
- Tata Chemicals Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Latin American Coal - Colombia
- Bukit Asam (Persero) Tbk - Indonesia
- Trasteel International SA, Italy
- Salva Resources Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Maheswari Brothers Coal Limited - India
- Ministry of Finance - Indonesia
- Mercator Lines Limited - India
- India Bulls Power Limited - India
- Indika Energy - Indonesia
- White Energy Company Limited
- Sarangani Energy Corporation, Philippines
- Commonwealth Bank - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Riau Bara Harum - Indonesia
- Global Business Power Corporation, Philippines
- Attock Cement Pakistan Limited
- Economic Council, Georgia
- ASAPP Information Group - India
- Electricity Authority, New Zealand
- Aboitiz Power Corporation - Philippines
- Xindia Steels Limited - India
- Kaltim Prima Coal - Indonesia
- MS Steel International - UAE
- Bhushan Steel Limited - India
- Pendopo Energi Batubara - Indonesia
- New Zealand Coal & Carbon
- Posco Energy - South Korea
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