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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, 11 August 10
BANPU SECURES TAKEOVER LOAN - BANGKOK POST
Bangkok Post reported that, Banpu Plc, Asean's largest coal miner, has secured loans worth US$2 billion from Thai and foreign banks to proceed with ...
Tuesday, 10 August 10
KOREA'S EWP TO BUY 4 MILLION TON OF 3700 AND 4600 NAR COAL AT FIXED PRICE
COALspot.com: Korean utility East-West Power out with the tender to buy 0.670 million tons with a minimum calorific value of 4600 NAR and 0.350 mill ...
Tuesday, 10 August 10
COAL CONSTRAINS CORE SECTOR GROWTH IN JUNE 2010
Growth in the six key infrastructure sectors decelerated for the third month in June. This is primarily due to last year’s high base effect. D ...
Sunday, 08 August 10
SOUTH AFRICA INCREASES COAL EXPORTS TO INDIA BY 74% IN JULY, TRADER SAYS
South Africa’s Richards Bay, the continent’s largest coal terminal, increased sales to India by 74 percent in July from June, according ...
Saturday, 07 August 10
INDIAN COAL IMPORTS WILL PLAY AN IMPORTANT PART IN KEEPING THE FREIGHT MARKET FIRM IN FUTURE - VISTAAR
COALspot.com: The freight market was volatile with market ending firmed and the BDI crossing 2000 points up by 3 pct, however the BCI was up by 14 p ...
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- Parliament of New Zealand
- PetroVietnam Power Coal Import and Supply Company
- Binh Thuan Hamico - Vietnam
- Makarim & Taira - Indonesia
- MS Steel International - UAE
- IEA Clean Coal Centre - UK
- White Energy Company Limited
- Semirara Mining and Power Corporation, Philippines
- Chamber of Mines of South Africa
- Economic Council, Georgia
- Energy Link Ltd, New Zealand
- SMG Consultants - Indonesia
- Independent Power Producers Association of India
- Sical Logistics Limited - India
- Minerals Council of Australia
- Gujarat Electricity Regulatory Commission - India
- SN Aboitiz Power Inc, Philippines
- Formosa Plastics Group - Taiwan
- Petrochimia International Co. Ltd.- Taiwan
- Timah Investasi Mineral - Indoneisa
- TNB Fuel Sdn Bhd - Malaysia
- Singapore Mercantile Exchange
- Anglo American - United Kingdom
- Petron Corporation, Philippines
- Attock Cement Pakistan Limited
- Latin American Coal - Colombia
- Jaiprakash Power Ventures ltd
- GAC Shipping (India) Pvt Ltd
- Interocean Group of Companies - India
- Eastern Coal Council - USA
- Planning Commission, India
- Kobexindo Tractors - Indoneisa
- Wilmar Investment Holdings
- PTC India Limited - India
- Bhushan Steel Limited - India
- Gujarat Sidhee Cement - India
- Xindia Steels Limited - India
- Aditya Birla Group - India
- Gujarat Mineral Development Corp Ltd - India
- Jindal Steel & Power Ltd - India
- Orica Mining Services - Indonesia
- Power Finance Corporation Ltd., India
- Bharathi Cement Corporation - India
- Kaltim Prima Coal - Indonesia
- Meenaskhi Energy Private Limited - India
- Intertek Mineral Services - Indonesia
- Coal and Oil Company - UAE
- The State Trading Corporation of India Ltd
- Parry Sugars Refinery, India
- Indonesian Coal Mining Association
- Directorate Of Revenue Intelligence - India
- Indian Energy Exchange, India
- Tamil Nadu electricity Board
- Ceylon Electricity Board - Sri Lanka
- Essar Steel Hazira Ltd - India
- Vizag Seaport Private Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- VISA Power Limited - India
- Georgia Ports Authority, United States
- Heidelberg Cement - Germany
- Electricity Generating Authority of Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Sojitz Corporation - Japan
- Barasentosa Lestari - Indonesia
- Grasim Industreis Ltd - India
- Kideco Jaya Agung - Indonesia
- Indian Oil Corporation Limited
- Holcim Trading Pte Ltd - Singapore
- Merrill Lynch Commodities Europe
- Bayan Resources Tbk. - Indonesia
- Ministry of Finance - Indonesia
- Indogreen Group - Indonesia
- Maheswari Brothers Coal Limited - India
- London Commodity Brokers - England
- Global Green Power PLC Corporation, Philippines
- Trasteel International SA, Italy
- IHS Mccloskey Coal Group - USA
- Central Electricity Authority - India
- Edison Trading Spa - Italy
- Ind-Barath Power Infra Limited - India
- Bhoruka Overseas - Indonesia
- Metalloyd Limited - United Kingdom
- McConnell Dowell - Australia
- Neyveli Lignite Corporation Ltd, - India
- Indo Tambangraya Megah - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Siam City Cement PLC, Thailand
- Renaissance Capital - South Africa
- Toyota Tsusho Corporation, Japan
- Videocon Industries ltd - India
- PNOC Exploration Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- Posco Energy - South Korea
- Romanian Commodities Exchange
- Lanco Infratech Ltd - India
- European Bulk Services B.V. - Netherlands
- Goldman Sachs - Singapore
- Kumho Petrochemical, South Korea
- Africa Commodities Group - South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Tata Chemicals Ltd - India
- Wood Mackenzie - Singapore
- Standard Chartered Bank - UAE
- International Coal Ventures Pvt Ltd - India
- Thai Mozambique Logistica
- Siam City Cement - Thailand
- Cigading International Bulk Terminal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Riau Bara Harum - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Cement Manufacturers Association - India
- Karbindo Abesyapradhi - Indoneisa
- Australian Coal Association
- Energy Development Corp, Philippines
- Rio Tinto Coal - Australia
- Pendopo Energi Batubara - Indonesia
- Marubeni Corporation - India
- GVK Power & Infra Limited - India
- Carbofer General Trading SA - India
- Madhucon Powers Ltd - India
- Bhatia International Limited - India
- Global Coal Blending Company Limited - Australia
- Karaikal Port Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Coastal Gujarat Power Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- ICICI Bank Limited - India
- Simpson Spence & Young - Indonesia
- Ministry of Transport, Egypt
- Jorong Barutama Greston.PT - Indonesia
- Meralco Power Generation, Philippines
- LBH Netherlands Bv - Netherlands
- Maharashtra Electricity Regulatory Commission - India
- Bangladesh Power Developement Board
- San Jose City I Power Corp, Philippines
- Bulk Trading Sa - Switzerland
- The University of Queensland
- Salva Resources Pvt Ltd - India
- Star Paper Mills Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mintek Dendrill Indonesia
- GMR Energy Limited - India
- Altura Mining Limited, Indonesia
- CIMB Investment Bank - Malaysia
- Chettinad Cement Corporation Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Baramulti Group, Indonesia
- Samtan Co., Ltd - South Korea
- OPG Power Generation Pvt Ltd - India
- New Zealand Coal & Carbon
- Borneo Indobara - Indonesia
- Krishnapatnam Port Company Ltd. - India
- South Luzon Thermal Energy Corporation
- Sree Jayajothi Cements Limited - India
- Central Java Power - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Sakthi Sugars Limited - India
- Semirara Mining Corp, Philippines
- ASAPP Information Group - India
- Eastern Energy - Thailand
- Medco Energi Mining Internasional
- Uttam Galva Steels Limited - India
- Banpu Public Company Limited - Thailand
- Thiess Contractors Indonesia
- Mjunction Services Limited - India
- Straits Asia Resources Limited - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Antam Resourcindo - Indonesia
- Bukit Makmur.PT - Indonesia
- Ambuja Cements Ltd - India
- Dalmia Cement Bharat India
- Electricity Authority, New Zealand
- Aboitiz Power Corporation - Philippines
- Ministry of Mines - Canada
- Commonwealth Bank - Australia
- Orica Australia Pty. Ltd.
- PowerSource Philippines DevCo
- Larsen & Toubro Limited - India
- Australian Commodity Traders Exchange
- The Treasury - Australian Government
- Iligan Light & Power Inc, Philippines
- Sindya Power Generating Company Private Ltd
- India Bulls Power Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Agrawal Coal Company - India
- Mercator Lines Limited - India
- Global Business Power Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Directorate General of MIneral and Coal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- SMC Global Power, Philippines
- Leighton Contractors Pty Ltd - Australia
- Rashtriya Ispat Nigam Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Price Waterhouse Coopers - Russia
- Malabar Cements Ltd - India
- Globalindo Alam Lestari - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bukit Baiduri Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Manunggal Multi Energi - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- CNBM International Corporation - China
- Oldendorff Carriers - Singapore
- Coalindo Energy - Indonesia
- Indika Energy - Indonesia
- Vedanta Resources Plc - India
- Deloitte Consulting - India
- Savvy Resources Ltd - HongKong
- Kartika Selabumi Mining - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Therma Luzon, Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Mercuria Energy - Indonesia
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