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Thursday, 20 January 11
INDONESIA MAY BAN LOW-QUALITY COAL EXPORTS FROM 2014 - BLOOMBERG
Bloomberg reported that, The Indonesian government plans to ban exports of coal with an energy value of less than 5,600 kilocalories a kilogram starting in 2014, an energy ministry official said.
Coal companies in Indonesia, the world’s largest exporter of the fuel after Australia, will be required to upgrade the heating value of so-called low-rank coal if they want to ship it overseas, allowing them to charge a higher price, said Witoro Soelarno, secretary to the director general of coal and minerals at the Ministry of Energy and Mineral Resources.
“We will release regulations later this year aimed at increasing the value added of our coal exports,” Soelarno told reporters in Jakarta today. “We have met with the coal mining association and they have agreed to the plan.”
The policy may help Indonesia, Southeast Asia’s biggest economy, boost export revenue and reach President Susilo Bambang Yudhoyono’s growth target of 6.6 percent on average through the remainder of his term ending in 2014. The country is targeting a 12 percent increase in this year’s exports to $168 billion, said Coordinating Minister for Economy Hatta Rajasa on Jan. 3.
The price of coal for sale this month with energy grades below 5,600 kilocalories a kilogram was set from $56.64 to $85.08 a metric ton, according to the energy ministry. That’s compared with a benchmark of $112.40 a ton for coal with calorific value of 6,322 kilocalories a kilogram.
Power Plants
The ban would also help state-owned utility company PT Perusahaan Listrik Negara secure supplies of the coal, which will account for about 32 percent of this year’s consumption of 50 million metric tons, said the company’s Primary Energy Director Nur Pamudji.
“We will need more low-rank coal when the additional 10,000 megawatts of power generators are completed in 2014,” Pamudji said by telephone from Jakarta.
The government plans to add about 10,000 megawatts of generation capacity through 2014 after a program to add 10,000 megawatts is completed in 2012.
Listrik Negara may more than double its coal demand to 95.3 million tons in 2015 from about 40.8 million tons last year as Indonesia increases its coal-fired power plant capacity to at least 19,167 megawatts, Pamudji said in May.
Source: Bloomberg
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Thursday, 04 November 10
GVK TALKS WITH MEC FOR INDONESIAN MINES DEAL - DNA INDIA
As reported by DNA India, GVK Power and Infrastructure on Wednesday said it is in talks with Gulf-based MEC Coal to buy its coal mines in Indonesia, ...
Wednesday, 03 November 10
PANAMAX SIZE DRY-BULK CARRIER MARKET IS STRONG - GERSON LEHRMAN
Panamax class vessels have been part of the fluctuation of the broader current dry bulk market. They have experienced occasional steep movements, du ...
Tuesday, 02 November 10
ADDED VALUE REMAINS STAGNANT - MAJALAH TAMBANG
The improvement of added value of mining products in accordance with mandate of the mining law has not been visible. Minerals and coal are still exp ...
Saturday, 30 October 10
THE SUPRAMAX FREIGHT MARKET THIS WEEK REMAINED ALMOST AT LAST WEEK LEVELS - VISTAAR SINGAPORE
COALspot.com: The freight market this week remained almost at same levels except for Panamax index which was up by 191 points.
The feast/SE Asia ...
Friday, 29 October 10
CAPE MARKET STARTED TO BREAK THOUGH THE UPWARDS RESISTANCE LEVEL OF USD 40K DAILY FOR SPOT CARGOS - FEARNLEYS
HANDY
The Atlantic markets remain flat and lackluster. The expectations that the grain ...
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- Commonwealth Bank - Australia
- India Bulls Power Limited - India
- Wood Mackenzie - Singapore
- Bukit Makmur.PT - Indonesia
- Mjunction Services Limited - India
- GAC Shipping (India) Pvt Ltd
- Gujarat Mineral Development Corp Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Rio Tinto Coal - Australia
- Global Business Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- The Treasury - Australian Government
- Indo Tambangraya Megah - Indonesia
- Siam City Cement - Thailand
- Alfred C Toepfer International GmbH - Germany
- Kumho Petrochemical, South Korea
- Merrill Lynch Commodities Europe
- Trasteel International SA, Italy
- LBH Netherlands Bv - Netherlands
- Thiess Contractors Indonesia
- Straits Asia Resources Limited - Singapore
- Binh Thuan Hamico - Vietnam
- Oldendorff Carriers - Singapore
- Bhoruka Overseas - Indonesia
- Iligan Light & Power Inc, Philippines
- Electricity Authority, New Zealand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Meralco Power Generation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Videocon Industries ltd - India
- Baramulti Group, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Grasim Industreis Ltd - India
- OPG Power Generation Pvt Ltd - India
- Marubeni Corporation - India
- Mintek Dendrill Indonesia
- Indonesian Coal Mining Association
- Price Waterhouse Coopers - Russia
- Sical Logistics Limited - India
- White Energy Company Limited
- Ministry of Finance - Indonesia
- Minerals Council of Australia
- Barasentosa Lestari - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- SMG Consultants - Indonesia
- Leighton Contractors Pty Ltd - Australia
- The State Trading Corporation of India Ltd
- Mercuria Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Vizag Seaport Private Limited - India
- Sinarmas Energy and Mining - Indonesia
- PowerSource Philippines DevCo
- Intertek Mineral Services - Indonesia
- Kideco Jaya Agung - Indonesia
- Cement Manufacturers Association - India
- Indian Energy Exchange, India
- Ambuja Cements Ltd - India
- Global Coal Blending Company Limited - Australia
- Ministry of Transport, Egypt
- Holcim Trading Pte Ltd - Singapore
- Savvy Resources Ltd - HongKong
- Bharathi Cement Corporation - India
- Petron Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Georgia Ports Authority, United States
- Australian Commodity Traders Exchange
- Kohat Cement Company Ltd. - Pakistan
- TNB Fuel Sdn Bhd - Malaysia
- Kaltim Prima Coal - Indonesia
- TeaM Sual Corporation - Philippines
- Toyota Tsusho Corporation, Japan
- Sakthi Sugars Limited - India
- Dalmia Cement Bharat India
- CIMB Investment Bank - Malaysia
- Semirara Mining and Power Corporation, Philippines
- Parry Sugars Refinery, India
- Kobexindo Tractors - Indoneisa
- Pendopo Energi Batubara - Indonesia
- Star Paper Mills Limited - India
- Indogreen Group - Indonesia
- Port Waratah Coal Services - Australia
- Karbindo Abesyapradhi - Indoneisa
- Bayan Resources Tbk. - Indonesia
- Coastal Gujarat Power Limited - India
- Coalindo Energy - Indonesia
- Chamber of Mines of South Africa
- Africa Commodities Group - South Africa
- Medco Energi Mining Internasional
- Madhucon Powers Ltd - India
- Orica Mining Services - Indonesia
- Semirara Mining Corp, Philippines
- Salva Resources Pvt Ltd - India
- Ministry of Mines - Canada
- Eastern Coal Council - USA
- International Coal Ventures Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Renaissance Capital - South Africa
- GVK Power & Infra Limited - India
- Kartika Selabumi Mining - Indonesia
- Siam City Cement PLC, Thailand
- Agrawal Coal Company - India
- Orica Australia Pty. Ltd.
- Directorate Of Revenue Intelligence - India
- Rashtriya Ispat Nigam Limited - India
- Energy Link Ltd, New Zealand
- Bulk Trading Sa - Switzerland
- Samtan Co., Ltd - South Korea
- European Bulk Services B.V. - Netherlands
- Indika Energy - Indonesia
- Altura Mining Limited, Indonesia
- CNBM International Corporation - China
- Posco Energy - South Korea
- IHS Mccloskey Coal Group - USA
- Kapuas Tunggal Persada - Indonesia
- New Zealand Coal & Carbon
- Standard Chartered Bank - UAE
- Sree Jayajothi Cements Limited - India
- ASAPP Information Group - India
- Antam Resourcindo - Indonesia
- Bhatia International Limited - India
- AsiaOL BioFuels Corp., Philippines
- Sarangani Energy Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Attock Cement Pakistan Limited
- Goldman Sachs - Singapore
- Lanco Infratech Ltd - India
- Jindal Steel & Power Ltd - India
- Gujarat Sidhee Cement - India
- Vedanta Resources Plc - India
- Bukit Baiduri Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Energy Development Corp, Philippines
- IEA Clean Coal Centre - UK
- McConnell Dowell - Australia
- South Luzon Thermal Energy Corporation
- Uttam Galva Steels Limited - India
- Billiton Holdings Pty Ltd - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Jaiprakash Power Ventures ltd
- Mercator Lines Limited - India
- Riau Bara Harum - Indonesia
- Carbofer General Trading SA - India
- Global Green Power PLC Corporation, Philippines
- MS Steel International - UAE
- Tamil Nadu electricity Board
- Interocean Group of Companies - India
- Borneo Indobara - Indonesia
- Therma Luzon, Inc, Philippines
- SN Aboitiz Power Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- Simpson Spence & Young - Indonesia
- Indian Oil Corporation Limited
- Gujarat Electricity Regulatory Commission - India
- Bahari Cakrawala Sebuku - Indonesia
- Wilmar Investment Holdings
- Central Electricity Authority - India
- Electricity Generating Authority of Thailand
- Xindia Steels Limited - India
- Central Java Power - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Independent Power Producers Association of India
- GN Power Mariveles Coal Plant, Philippines
- Larsen & Toubro Limited - India
- London Commodity Brokers - England
- Chettinad Cement Corporation Ltd - India
- Meenaskhi Energy Private Limited - India
- Karaikal Port Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Deloitte Consulting - India
- SMC Global Power, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PTC India Limited - India
- Sojitz Corporation - Japan
- Australian Coal Association
- Power Finance Corporation Ltd., India
- Miang Besar Coal Terminal - Indonesia
- Tata Chemicals Ltd - India
- Aditya Birla Group - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Eastern Energy - Thailand
- Metalloyd Limited - United Kingdom
- Formosa Plastics Group - Taiwan
- Makarim & Taira - Indonesia
- Globalindo Alam Lestari - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Thai Mozambique Logistica
- Singapore Mercantile Exchange
- Bhushan Steel Limited - India
- Banpu Public Company Limited - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PNOC Exploration Corporation - Philippines
- Planning Commission, India
- Anglo American - United Kingdom
- Heidelberg Cement - Germany
- Ind-Barath Power Infra Limited - India
- Coal and Oil Company - UAE
- Parliament of New Zealand
- Edison Trading Spa - Italy
- Asmin Koalindo Tuhup - Indonesia
- Malabar Cements Ltd - India
- Economic Council, Georgia
- ICICI Bank Limited - India
- Timah Investasi Mineral - Indoneisa
- Romanian Commodities Exchange
- VISA Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- Latin American Coal - Colombia
- The University of Queensland
- Sindya Power Generating Company Private Ltd
- Bangladesh Power Developement Board
- GMR Energy Limited - India
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