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Saturday, 15 January 11
RISING PRICES, GOVERNMENT DECREE LEAVE PLN AT LOGGERHEADS WITH COAL FIRMS - THE JAKARTA GLOBE
 The Jakarta Globe reported that, As coal prices continue to increase, state utility Perusahaan Listrik Negara faces problems in securing enough coal to meet power demands, a top executive said.
“We are in a dilemma now. The increasing price of coal is a real problem,” PLN chairman Dahlan Iskan said on Thursday.
High coal prices, he said, will in turn force the company to bear high operating costs.
Prices at Australia’s Newcastle port, a benchmark for Asia, rose 8 percent to $129.9 per metric ton as of Jan. 7, up from $119.47 per metric ton in December. The price of 6,322 cal/kg coal is $112.4 per metric ton, up from $103.4 per metric ton in December .
PLN has contracts with 53 suppliers to secure 55.8 million tons of coal to fuel its power plants, but Dahlan said it is at a crossroads with the rising prices.
Nur Pamudji, PLN’s director of primary energy, said it would demand producers honor the coal price stated in an Energy Ministry decree.
“The decree says that the price of coal in 2011 depends on 2010’s fourth-quarter average,” Nur said.
The average price in December was $103.4 per metric ton, but the Indonesian Coal Mining Association (APBI) said coal companies had no choice but to increase their prices.
“International coal prices keep increasing, so we have to sell according to global prices,” said the APBI’s executive director, Supriatna Suhala.
Harsh winter weather and floods in Australia caused coal prices to rise, Supriatna said, adding that prices could reach $120 per metric ton this year.
Fabby Tumiwa, an energy analyst from the Institute of Essential Services Reform, said PLN should recalculate its operational costs “because the assumptions are totally different from the state budget.”
PLN must raise electricity prices and demand more subsidies from the government, he said.
It will receive Rp 41.2 trillion ($4.6 billion) in electricity subsidies this year, down from Rp 55.1 trillion in 2010. “I think the government has to support PLN to keep it alive,” he said.
Source: The Jakarta Globe
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Wednesday, 26 January 11
DRY BULK MARKET TAKES YET ANOTHER NOSEDIVE, CAPESIZES LOOK RATHER UNATTRACTIVE AT THE MOMENT - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The downturn of the dry bulk market sees no boundariers, disproving even those who thought that at least for the capesize market, the worst had pass ...
Tuesday, 25 January 11
DRY BULK RATES CONTINUED TO TUMBLE LAST WEEK - BRS
With weather-related problems affecting the short-term outlook, and new building deliveries the longer-term picture, dry bulk rates continued to tum ...
Tuesday, 25 January 11
R-POWER TO INVEST $5BN IN INDONESIA - THE TIMES OF INDIA
The Times of India reported that, In what is being seen as one of the largest foreign investments in Indonesia, Reliance Power will infuse $5 billio ...
Monday, 24 January 11
GOVT PROMISES COAL FOR PLN DESPITE PRICE SPIKES - THE JAKARTA POST
The Jakarta Post reported that, the government says state electricity company PT PLN will receive enough coal to fire its power plants, despite pric ...
Monday, 24 January 11
DRY BULK MARKETS DOWNTURN SEES NO RELIEF - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has kept falling for yet another week, with the industry’s benchmark, the Baltic Dry Index (BDI) losing an additional 4.79 ...
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Showing 5411 to 5415 news of total 6871 |
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- European Bulk Services B.V. - Netherlands
- Coastal Gujarat Power Limited - India
- Global Coal Blending Company Limited - Australia
- Kepco SPC Power Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Meenaskhi Energy Private Limited - India
- Krishnapatnam Port Company Ltd. - India
- Directorate General of MIneral and Coal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sinarmas Energy and Mining - Indonesia
- Sical Logistics Limited - India
- Kalimantan Lumbung Energi - Indonesia
- SN Aboitiz Power Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Miang Besar Coal Terminal - Indonesia
- Aboitiz Power Corporation - Philippines
- Kideco Jaya Agung - Indonesia
- Barasentosa Lestari - Indonesia
- Riau Bara Harum - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- ASAPP Information Group - India
- Holcim Trading Pte Ltd - Singapore
- Parry Sugars Refinery, India
- Gujarat Sidhee Cement - India
- Alfred C Toepfer International GmbH - Germany
- Global Business Power Corporation, Philippines
- Baramulti Group, Indonesia
- IHS Mccloskey Coal Group - USA
- Meralco Power Generation, Philippines
- GMR Energy Limited - India
- Wood Mackenzie - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Tata Chemicals Ltd - India
- International Coal Ventures Pvt Ltd - India
- Australian Commodity Traders Exchange
- Tamil Nadu electricity Board
- Lanco Infratech Ltd - India
- Bhatia International Limited - India
- Kapuas Tunggal Persada - Indonesia
- Georgia Ports Authority, United States
- Trasteel International SA, Italy
- Sree Jayajothi Cements Limited - India
- PTC India Limited - India
- Mercuria Energy - Indonesia
- Petron Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Ministry of Mines - Canada
- Leighton Contractors Pty Ltd - Australia
- Bayan Resources Tbk. - Indonesia
- Bangladesh Power Developement Board
- Sojitz Corporation - Japan
- Borneo Indobara - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Semirara Mining Corp, Philippines
- Jaiprakash Power Ventures ltd
- LBH Netherlands Bv - Netherlands
- Jindal Steel & Power Ltd - India
- Star Paper Mills Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Dalmia Cement Bharat India
- Oldendorff Carriers - Singapore
- Coalindo Energy - Indonesia
- Central Java Power - Indonesia
- Indo Tambangraya Megah - Indonesia
- Price Waterhouse Coopers - Russia
- Bukit Baiduri Energy - Indonesia
- Central Electricity Authority - India
- SMC Global Power, Philippines
- CNBM International Corporation - China
- Therma Luzon, Inc, Philippines
- Antam Resourcindo - Indonesia
- Renaissance Capital - South Africa
- Interocean Group of Companies - India
- Timah Investasi Mineral - Indoneisa
- Merrill Lynch Commodities Europe
- Larsen & Toubro Limited - India
- Romanian Commodities Exchange
- London Commodity Brokers - England
- Bulk Trading Sa - Switzerland
- Binh Thuan Hamico - Vietnam
- Electricity Authority, New Zealand
- Bukit Asam (Persero) Tbk - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Thai Mozambique Logistica
- Bukit Makmur.PT - Indonesia
- Banpu Public Company Limited - Thailand
- Agrawal Coal Company - India
- Grasim Industreis Ltd - India
- Port Waratah Coal Services - Australia
- Gujarat Electricity Regulatory Commission - India
- GAC Shipping (India) Pvt Ltd
- Energy Link Ltd, New Zealand
- Chamber of Mines of South Africa
- Makarim & Taira - Indonesia
- IEA Clean Coal Centre - UK
- Kartika Selabumi Mining - Indonesia
- Sarangani Energy Corporation, Philippines
- Siam City Cement PLC, Thailand
- Karbindo Abesyapradhi - Indoneisa
- AsiaOL BioFuels Corp., Philippines
- Videocon Industries ltd - India
- Rio Tinto Coal - Australia
- Kaltim Prima Coal - Indonesia
- Indian Energy Exchange, India
- Energy Development Corp, Philippines
- GVK Power & Infra Limited - India
- The State Trading Corporation of India Ltd
- Iligan Light & Power Inc, Philippines
- Independent Power Producers Association of India
- Jorong Barutama Greston.PT - Indonesia
- McConnell Dowell - Australia
- Africa Commodities Group - South Africa
- Rashtriya Ispat Nigam Limited - India
- Toyota Tsusho Corporation, Japan
- Posco Energy - South Korea
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Manunggal Multi Energi - Indonesia
- Siam City Cement - Thailand
- Thiess Contractors Indonesia
- Ambuja Cements Ltd - India
- Medco Energi Mining Internasional
- Wilmar Investment Holdings
- Vedanta Resources Plc - India
- Minerals Council of Australia
- Bhushan Steel Limited - India
- Indika Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Mercator Lines Limited - India
- Simpson Spence & Young - Indonesia
- Eastern Coal Council - USA
- New Zealand Coal & Carbon
- Commonwealth Bank - Australia
- Mintek Dendrill Indonesia
- PNOC Exploration Corporation - Philippines
- Goldman Sachs - Singapore
- Orica Australia Pty. Ltd.
- Karaikal Port Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Ind-Barath Power Infra Limited - India
- San Jose City I Power Corp, Philippines
- VISA Power Limited - India
- Bhoruka Overseas - Indonesia
- Singapore Mercantile Exchange
- ICICI Bank Limited - India
- Formosa Plastics Group - Taiwan
- Salva Resources Pvt Ltd - India
- Indogreen Group - Indonesia
- Intertek Mineral Services - Indonesia
- Metalloyd Limited - United Kingdom
- Mjunction Services Limited - India
- OPG Power Generation Pvt Ltd - India
- Edison Trading Spa - Italy
- Eastern Energy - Thailand
- White Energy Company Limited
- India Bulls Power Limited - India
- Marubeni Corporation - India
- Aditya Birla Group - India
- The Treasury - Australian Government
- Kumho Petrochemical, South Korea
- Vizag Seaport Private Limited - India
- MS Steel International - UAE
- Global Green Power PLC Corporation, Philippines
- Ministry of Transport, Egypt
- Heidelberg Cement - Germany
- Electricity Generating Authority of Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Malabar Cements Ltd - India
- Bharathi Cement Corporation - India
- Standard Chartered Bank - UAE
- Maheswari Brothers Coal Limited - India
- SMG Consultants - Indonesia
- Uttam Galva Steels Limited - India
- Madhucon Powers Ltd - India
- Orica Mining Services - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Cement Manufacturers Association - India
- Ministry of Finance - Indonesia
- South Luzon Thermal Energy Corporation
- Coal and Oil Company - UAE
- Latin American Coal - Colombia
- Essar Steel Hazira Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Indian Oil Corporation Limited
- Cigading International Bulk Terminal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Australian Coal Association
- Samtan Co., Ltd - South Korea
- PowerSource Philippines DevCo
- PetroVietnam Power Coal Import and Supply Company
- Kobexindo Tractors - Indoneisa
- Parliament of New Zealand
- Planning Commission, India
- Asmin Koalindo Tuhup - Indonesia
- Xindia Steels Limited - India
- Sakthi Sugars Limited - India
- Economic Council, Georgia
- The University of Queensland
- Deloitte Consulting - India
- Straits Asia Resources Limited - Singapore
- Sindya Power Generating Company Private Ltd
- Indonesian Coal Mining Association
- Semirara Mining and Power Corporation, Philippines
- Altura Mining Limited, Indonesia
- Anglo American - United Kingdom
- Carbofer General Trading SA - India
- Attock Cement Pakistan Limited
- Power Finance Corporation Ltd., India
- Pendopo Energi Batubara - Indonesia
- Chettinad Cement Corporation Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Bahari Cakrawala Sebuku - Indonesia
- Directorate Of Revenue Intelligence - India
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