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Friday, 12 August 11
COAL MINERS WILL ALLOW TO CONSTRUCT MINE MOUTH POWER PLANT
 COALspot.com - The government is set to draft a regulation to enable construction of steam-fired power plants (PLTU) by coal mining companies for the domestic markets to use the benefit of low rank coal. This move may be the solution of the government plan to ban low rank coal export with effect from 2014.
Director General of Mineral and Coal of the Ministry of Energy and Mineral Resources Thamrin Sihite said, the domestic market obligation (DMO) ration is 24-25% only, which is still low. Driving up a DMO simultaneously no export of the low rank coal is required, the government is preparing a policy allowing coal entrepreneurs to build a PLTU.
“That will be really where it will stand in the time ahead, and the DMO and its electrification ratio can be boosted while the low rank coal can be tapped domestically,” he said in Jakarta, Thursday (11/8).
If the coal entrepreneurs may build a PLTU, Thamrin pointed out, the low rank coal used to be exported is accessible for fuel to generate power generators. “If the domestic consumption is in place, such low rank coal needs no export,” he said.
However, the PLTU construction by coal mining entrepreneurs is only one of the government solutions. The government considers several things involved in the low rank coal export ban.
Thamrin said the government is still calculating the state revenues from the coal royalties if the low rank coal is banned from export. The coal export by now generates greater revenues for the state.
“But we must also take into account domestically. How this coal can be used at home to shoot up the electrification ratio or other needs. That’s would be better than export,” he clarified.
The government, as Thamrin continued, still considers the investments incurred by entrepreneurs and agreed upon contracts. Others considered are the environment, conservation and the regional governments.
He said if mining companies cease to produce due to such an export ban, the government revenues will be diminished. “Still having a lot of considerations to decide to what extent export is permitted and banned,” he said.
This government plan gains support from the Indonesian Coal Mining Association (ICMA). According to ICMA’s Executive Director Suhala Supriatna, an obligation to build a PLTU is a better choice than upgrading low rank coal as technology to build PLTUs is more proven than upgrading.
However, he calls certainty of power purchase by PT PLN to build PLTUs. Most of coal entrepreneurs are committed to buildsmall-scale power generators. Some of them in Kalimantan, such as Berau Coal and KPC, have even erected 15 mw PLTUs. “The only thing that matters for us is, PLN is willing to buy power,” he said.
Such PLTUs, he said, can be built only in small size. One reason being that power consumption in Sumatera and Kalimantan is not considerable, let alone no inter-city power interconnection grid in there.
To contact the reporter responsible on this story: Efendi at efendi@coalspot.com.
Translation - WB
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Saturday, 25 March 23
COAL INDIA HAS STRONG CASE TO INCREASE PRICES, TALKS ON: CMD AGRAWAL - BUSINESS STANDARD
Coal India (CIL) Chairman and Managing Director Pramod Agrawal said on Monday there is a “strong case” for increasing coal prices, and ...
Saturday, 25 March 23
ASIAN CRUDE PALM OIL WATCH 1Q23 - FITCH RATINGS
Malaysian benchmark crude palm oil (CPO) spot prices have averaged around USD915 per tonne (t) so far in 1Q23, sharply lower than the average of ar ...
Saturday, 25 March 23
INDONESIA’S COAL EXPORT INCREASED BY 21.0% YOY TO 388.4 MLN T IN 2022 - BANCHERO COSTA
After a slow start in the first quarter, global coal trade has really picked up pace last year, and is now fully back to pre-Covid levels. In the f ...
Saturday, 25 March 23
GLOBAL LNG-ASIA SPOT PRICES SLIP AS WEAK NORTHERN DEMAND REMAINS - REUTERS
Asian spot prices of liquefied natural gas (LNG) declined this week, falling to a 21-month low, as weak demand in the northeast Asia region continu ...
Wednesday, 22 March 23
OIL PRICE FALL SPECULATIVE, TO HIT $140 BY YEAR-END -ANDURAND: REUTERS
The recent fall in oil prices due to banking jitters is speculative and oil will hit $140 a barrel by the end of the year, hedge fund manager Pierr ...
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- Romanian Commodities Exchange
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- Semirara Mining Corp, Philippines
- The University of Queensland
- Indonesian Coal Mining Association
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- Neyveli Lignite Corporation Ltd, - India
- Bayan Resources Tbk. - Indonesia
- Price Waterhouse Coopers - Russia
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- PNOC Exploration Corporation - Philippines
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- Global Business Power Corporation, Philippines
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- Global Coal Blending Company Limited - Australia
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- Parliament of New Zealand
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- Minerals Council of Australia
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- Heidelberg Cement - Germany
- Thai Mozambique Logistica
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- Sindya Power Generating Company Private Ltd
- Kapuas Tunggal Persada - Indonesia
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- Port Waratah Coal Services - Australia
- ICICI Bank Limited - India
- Karbindo Abesyapradhi - Indoneisa
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- Sical Logistics Limited - India
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- Power Finance Corporation Ltd., India
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- GVK Power & Infra Limited - India
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- Indika Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- IHS Mccloskey Coal Group - USA
- Semirara Mining and Power Corporation, Philippines
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- Ministry of Finance - Indonesia
- White Energy Company Limited
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- Tata Chemicals Ltd - India
- Savvy Resources Ltd - HongKong
- Rio Tinto Coal - Australia
- Australian Coal Association
- Antam Resourcindo - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Maheswari Brothers Coal Limited - India
- Meenaskhi Energy Private Limited - India
- Metalloyd Limited - United Kingdom
- Posco Energy - South Korea
- Leighton Contractors Pty Ltd - Australia
- Bukit Makmur.PT - Indonesia
- Merrill Lynch Commodities Europe
- Deloitte Consulting - India
- New Zealand Coal & Carbon
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- Miang Besar Coal Terminal - Indonesia
- Ministry of Transport, Egypt
- Kepco SPC Power Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Global Green Power PLC Corporation, Philippines
- Orica Australia Pty. Ltd.
- Madhucon Powers Ltd - India
- SN Aboitiz Power Inc, Philippines
- Ind-Barath Power Infra Limited - India
- Oldendorff Carriers - Singapore
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- Kartika Selabumi Mining - Indonesia
- Interocean Group of Companies - India
- Bukit Baiduri Energy - Indonesia
- Goldman Sachs - Singapore
- Directorate Of Revenue Intelligence - India
- Therma Luzon, Inc, Philippines
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- Coal and Oil Company - UAE
- India Bulls Power Limited - India
- San Jose City I Power Corp, Philippines
- Straits Asia Resources Limited - Singapore
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- Anglo American - United Kingdom
- CIMB Investment Bank - Malaysia
- London Commodity Brokers - England
- Altura Mining Limited, Indonesia
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- IEA Clean Coal Centre - UK
- Economic Council, Georgia
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- VISA Power Limited - India
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Edison Trading Spa - Italy
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- Indian Oil Corporation Limited
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- Petron Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Latin American Coal - Colombia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Uttam Galva Steels Limited - India
- Mercator Lines Limited - India
- The Treasury - Australian Government
- Maharashtra Electricity Regulatory Commission - India
- Pipit Mutiara Jaya. PT, Indonesia
- Standard Chartered Bank - UAE
- Bhatia International Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Binh Thuan Hamico - Vietnam
- Commonwealth Bank - Australia
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- Tamil Nadu electricity Board
- Agrawal Coal Company - India
- The State Trading Corporation of India Ltd
- Mintek Dendrill Indonesia
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- Bukit Asam (Persero) Tbk - Indonesia
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- Africa Commodities Group - South Africa
- International Coal Ventures Pvt Ltd - India
- Eastern Energy - Thailand
- Directorate General of MIneral and Coal - Indonesia
- MS Steel International - UAE
- Sakthi Sugars Limited - India
- Toyota Tsusho Corporation, Japan
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- Eastern Coal Council - USA
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