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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 $130 this year.
Source: The Jakarta Post
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Thursday, 12 August 10
ETA STAR INDIA PUTS FORWARD COAL MINING PLAN FOR TETE, MOZAMBIQUE, IN 2011
ETA Star India Projects Pvt, which is carrying out coal prospecting and surveying work in the Moatize coal region, in Tete province, will present it ...
Thursday, 12 August 10
SUPRAS WERE FIXED IN THE MID/HIGH TEENS FOR INDO-INDIA TRIPS - FEARNBULK
Handy
Activity is gradually picking up in the Atlantic with more enquiries seen for short period tonnage for the end of August. With the grain sea ...
Thursday, 12 August 10
INDONESIAN COAL PRICE REFERENCE REACHED US$ 94.86 FOR AUGUST 2010 SUPPLIES
COALspot.com: The Directorate General of Mineral, Coal and Geothermal of Indonesia has been publishing a monthly coal price reference (HBA) since Fe ...
Wednesday, 11 August 10
BRAZILIAN GIANT VALE LOOKING TO BOOST ITS COAL OUTPUT
BRAZILIAN mining giant Vale is not content with being the world's largest iron ore miner. The miner is banking on ambitious growth plans to see it ...
Wednesday, 11 August 10
CAPESIZE MARKET ON RECOVERY MODE
The dry bulk market, usually dormant in August, has returned on a high note this week, after last week’s gains. Monday proved to be rather buo ...
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- Merrill Lynch Commodities Europe
- Aboitiz Power Corporation - Philippines
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- Mjunction Services Limited - India
- Bukit Baiduri Energy - Indonesia
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- Bangladesh Power Developement Board
- Indian Oil Corporation Limited
- India Bulls Power Limited - India
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- Semirara Mining Corp, Philippines
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- Petron Corporation, Philippines
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- Price Waterhouse Coopers - Russia
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- Energy Development Corp, Philippines
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- Minerals Council of Australia
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- Tata Chemicals Ltd - India
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- Trasteel International SA, Italy
- Mercator Lines Limited - India
- Standard Chartered Bank - UAE
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- Chamber of Mines of South Africa
- The Treasury - Australian Government
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- Global Coal Blending Company Limited - Australia
- International Coal Ventures Pvt Ltd - India
- Wood Mackenzie - Singapore
- Singapore Mercantile Exchange
- Australian Commodity Traders Exchange
- Directorate Of Revenue Intelligence - India
- IEA Clean Coal Centre - UK
- Tamil Nadu electricity Board
- Siam City Cement PLC, Thailand
- Posco Energy - South Korea
- Maheswari Brothers Coal Limited - India
- European Bulk Services B.V. - Netherlands
- Coastal Gujarat Power Limited - India
- GMR Energy Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Videocon Industries ltd - India
- Ambuja Cements Ltd - India
- Parry Sugars Refinery, India
- Kepco SPC Power Corporation, Philippines
- CIMB Investment Bank - Malaysia
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- Larsen & Toubro Limited - India
- Kaltim Prima Coal - Indonesia
- Borneo Indobara - Indonesia
- SMC Global Power, Philippines
- Mintek Dendrill Indonesia
- Bukit Makmur.PT - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Meenaskhi Energy Private Limited - India
- Jindal Steel & Power Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Sojitz Corporation - Japan
- Sarangani Energy Corporation, Philippines
- Siam City Cement - Thailand
- Eastern Coal Council - USA
- Central Java Power - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Port Waratah Coal Services - Australia
- Kartika Selabumi Mining - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Altura Mining Limited, Indonesia
- Metalloyd Limited - United Kingdom
- Indonesian Coal Mining Association
- The University of Queensland
- Africa Commodities Group - South Africa
- Vijayanagar Sugar Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Straits Asia Resources Limited - Singapore
- Banpu Public Company Limited - Thailand
- Ceylon Electricity Board - Sri Lanka
- Rio Tinto Coal - Australia
- Bukit Asam (Persero) Tbk - Indonesia
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- Grasim Industreis Ltd - India
- Iligan Light & Power Inc, Philippines
- Bayan Resources Tbk. - Indonesia
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- Bulk Trading Sa - Switzerland
- Electricity Authority, New Zealand
- Leighton Contractors Pty Ltd - Australia
- Heidelberg Cement - Germany
- PowerSource Philippines DevCo
- Samtan Co., Ltd - South Korea
- ASAPP Information Group - India
- MS Steel International - UAE
- Indogreen Group - Indonesia
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- Sindya Power Generating Company Private Ltd
- Baramulti Group, Indonesia
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- Australian Coal Association
- Meralco Power Generation, Philippines
- Electricity Generating Authority of Thailand
- Kumho Petrochemical, South Korea
- Toyota Tsusho Corporation, Japan
- The State Trading Corporation of India Ltd
- Bhoruka Overseas - Indonesia
- Binh Thuan Hamico - Vietnam
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- IHS Mccloskey Coal Group - USA
- Kohat Cement Company Ltd. - Pakistan
- Renaissance Capital - South Africa
- Dalmia Cement Bharat India
- Sinarmas Energy and Mining - Indonesia
- Power Finance Corporation Ltd., India
- White Energy Company Limited
- Pipit Mutiara Jaya. PT, Indonesia
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- Sical Logistics Limited - India
- Malabar Cements Ltd - India
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- Energy Link Ltd, New Zealand
- GAC Shipping (India) Pvt Ltd
- Economic Council, Georgia
- Parliament of New Zealand
- Georgia Ports Authority, United States
- Semirara Mining and Power Corporation, Philippines
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- PNOC Exploration Corporation - Philippines
- Directorate General of MIneral and Coal - Indonesia
- Romanian Commodities Exchange
- Formosa Plastics Group - Taiwan
- OPG Power Generation Pvt Ltd - India
- Agrawal Coal Company - India
- Carbofer General Trading SA - India
- Rashtriya Ispat Nigam Limited - India
- Essar Steel Hazira Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- ICICI Bank Limited - India
- Billiton Holdings Pty Ltd - Australia
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- Ind-Barath Power Infra Limited - India
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- Star Paper Mills Limited - India
- Xindia Steels Limited - India
- Jaiprakash Power Ventures ltd
- Eastern Energy - Thailand
- South Luzon Thermal Energy Corporation
- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- Edison Trading Spa - Italy
- Wilmar Investment Holdings
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- TNB Fuel Sdn Bhd - Malaysia
- Gujarat Electricity Regulatory Commission - India
- Sree Jayajothi Cements Limited - India
- Planning Commission, India
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