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Wednesday, 07 September 11
INDIA HIT BY INDONESIAS COAL PRICE - TEMPO INTERACTIVE
TEMPO Interactive, an Indonesian online news portal reported that, The Indian government has complained about the price increase of Indonesian coal, saying the hike has affected the operations of its power plants. “Some electricity companies are now having problems due to this,” said India’s Energy Minister K.C. Venugopal, quoted by the Press Trust India, last week.
Although Indian electricity companies own some shares and manage coal mines in Indonesia they cannot get a lower coal price, especially after the Indonesian government set a price margin for coal.
The government’s regulation has been deemed too strict and has forced businessmen to adjust their contracts in line with the rate increase.
The Indian government calculates power plant operations on an annual basis, taking into account the company’s performance, maintenance programs and the company’s contribution to the state electricity supply.
Two Indian electricity companies, Tata Power and Power Reliance, have sent letters to the ministry to mediate the problem between electricity buyers from the Mundra (Gujarat) and Krishnapatnam (Andhra Pradesh) projects with regards to the price increase. Both companies asked the government to allow them to increase the project value.
On a separate occasion, Indonesian Geothermal Association executive-director Supriatna Sahala said the problem began in September last year when a ministerial regulation set the lowest coal price reference.
Before the regulation, Indian companies always bought the coal below the reference price. The price of 4,200 calorie coal, which they bought for US$30 per ton, has increased to US$53 per ton with the new reference price.
As for Indonesian coal businessmen, the policy is advantageous. They are not concerned they will lose business as most coal exported to India is low-calorie.
In terms of volume, coal exports to India are relatively high, reaching 35-36 million tons per year. Japan is also a valuable export market for 6,500-calorie coal from Indonesia.
Source: Tempo Interactive (By Gustidha Budiartie)
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Thursday, 17 November 11
DRY BULK MARKET INCHES FORWARD AND INTO HIGHER GROUND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market edged higher yesterday, on the back of stronger demand for Capesize vessels and general improvement of sentiment on most of the ...
Thursday, 17 November 11
KOMIPO INVITES BIDS FOR 500K MT OF COAL
COALspot.com - Korea Midland Power Co. Ltd.(KOMIPO) is inviting bids for the supply of 500,000 Metric Tons of minimum 5700 kcal/kg coal of NAR bases ...
Thursday, 17 November 11
INDONESIAN GOVERNMENT PLANS TO ISSUE MORATORIUM ON COAL MINING LICENSE
COALspot.com - Energy and mineral resources ministry is plans to issue a moratorium on the issuance of coal mining licenses, after the anti-graft co ...
Wednesday, 16 November 11
KRISHNAPATNAM PORT BECOMES DEEPEST DRAFT PORT IN INDIA
COALspot.com - Krishnapatnam Port in its quest to be the best port in India has increased its draft to 17.5 meters, according to E-Mail statement fr ...
Wednesday, 16 November 11
CHINA'S INDONESIA COAL IMPORTS RISE IN OCTOBER
COALspot.com: Indonesia, the world largest coal exporter, shipped 31,162,688 MT of coal in October 2011.
China was a largest importer of Indonesi ...
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- European Bulk Services B.V. - Netherlands
- Romanian Commodities Exchange
- Semirara Mining and Power Corporation, Philippines
- Heidelberg Cement - Germany
- Simpson Spence & Young - Indonesia
- Parry Sugars Refinery, India
- Oldendorff Carriers - Singapore
- Economic Council, Georgia
- Wilmar Investment Holdings
- OPG Power Generation Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Karbindo Abesyapradhi - Indoneisa
- Iligan Light & Power Inc, Philippines
- Coal and Oil Company - UAE
- Rashtriya Ispat Nigam Limited - India
- Ministry of Mines - Canada
- GAC Shipping (India) Pvt Ltd
- Straits Asia Resources Limited - Singapore
- Renaissance Capital - South Africa
- Banpu Public Company Limited - Thailand
- Rio Tinto Coal - Australia
- VISA Power Limited - India
- Mercuria Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Star Paper Mills Limited - India
- Binh Thuan Hamico - Vietnam
- GN Power Mariveles Coal Plant, Philippines
- Salva Resources Pvt Ltd - India
- Interocean Group of Companies - India
- The University of Queensland
- Ambuja Cements Ltd - India
- Posco Energy - South Korea
- International Coal Ventures Pvt Ltd - India
- PowerSource Philippines DevCo
- SN Aboitiz Power Inc, Philippines
- Lanco Infratech Ltd - India
- Australian Commodity Traders Exchange
- Essar Steel Hazira Ltd - India
- Attock Cement Pakistan Limited
- Manunggal Multi Energi - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Directorate General of MIneral and Coal - Indonesia
- Anglo American - United Kingdom
- Baramulti Group, Indonesia
- Mjunction Services Limited - India
- Eastern Coal Council - USA
- Cement Manufacturers Association - India
- SMC Global Power, Philippines
- Videocon Industries ltd - India
- Indian Oil Corporation Limited
- Energy Development Corp, Philippines
- Orica Australia Pty. Ltd.
- Asmin Koalindo Tuhup - Indonesia
- Therma Luzon, Inc, Philippines
- PNOC Exploration Corporation - Philippines
- Miang Besar Coal Terminal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Gujarat Sidhee Cement - India
- ASAPP Information Group - India
- San Jose City I Power Corp, Philippines
- Altura Mining Limited, Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- New Zealand Coal & Carbon
- Thai Mozambique Logistica
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Central Java Power - Indonesia
- SMG Consultants - Indonesia
- Jindal Steel & Power Ltd - India
- CNBM International Corporation - China
- Grasim Industreis Ltd - India
- Ministry of Transport, Egypt
- Meenaskhi Energy Private Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Vedanta Resources Plc - India
- Indo Tambangraya Megah - Indonesia
- Minerals Council of Australia
- LBH Netherlands Bv - Netherlands
- India Bulls Power Limited - India
- Sojitz Corporation - Japan
- Coalindo Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Larsen & Toubro Limited - India
- Bharathi Cement Corporation - India
- MS Steel International - UAE
- ICICI Bank Limited - India
- Singapore Mercantile Exchange
- AsiaOL BioFuels Corp., Philippines
- Kohat Cement Company Ltd. - Pakistan
- PetroVietnam Power Coal Import and Supply Company
- Tamil Nadu electricity Board
- Mintek Dendrill Indonesia
- Bukit Baiduri Energy - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Intertek Mineral Services - Indonesia
- IEA Clean Coal Centre - UK
- Timah Investasi Mineral - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sarangani Energy Corporation, Philippines
- Kumho Petrochemical, South Korea
- Eastern Energy - Thailand
- Price Waterhouse Coopers - Russia
- Borneo Indobara - Indonesia
- Planning Commission, India
- McConnell Dowell - Australia
- Meralco Power Generation, Philippines
- Bayan Resources Tbk. - Indonesia
- Bhoruka Overseas - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Wood Mackenzie - Singapore
- Xindia Steels Limited - India
- Bhatia International Limited - India
- Chamber of Mines of South Africa
- Indika Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Formosa Plastics Group - Taiwan
- Trasteel International SA, Italy
- Chettinad Cement Corporation Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Pendopo Energi Batubara - Indonesia
- Aditya Birla Group - India
- Barasentosa Lestari - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Antam Resourcindo - Indonesia
- Ministry of Finance - Indonesia
- Power Finance Corporation Ltd., India
- Leighton Contractors Pty Ltd - Australia
- Alfred C Toepfer International GmbH - Germany
- Parliament of New Zealand
- Metalloyd Limited - United Kingdom
- Mercator Lines Limited - India
- Latin American Coal - Colombia
- Malabar Cements Ltd - India
- Energy Link Ltd, New Zealand
- Georgia Ports Authority, United States
- Medco Energi Mining Internasional
- Kartika Selabumi Mining - Indonesia
- Bukit Makmur.PT - Indonesia
- Bangladesh Power Developement Board
- IHS Mccloskey Coal Group - USA
- Indonesian Coal Mining Association
- The Treasury - Australian Government
- Directorate Of Revenue Intelligence - India
- Riau Bara Harum - Indonesia
- Jaiprakash Power Ventures ltd
- Kepco SPC Power Corporation, Philippines
- GMR Energy Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Indogreen Group - Indonesia
- Kaltim Prima Coal - Indonesia
- Merrill Lynch Commodities Europe
- Semirara Mining Corp, Philippines
- Gujarat Electricity Regulatory Commission - India
- GVK Power & Infra Limited - India
- Marubeni Corporation - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Edison Trading Spa - Italy
- Maheswari Brothers Coal Limited - India
- Dalmia Cement Bharat India
- TeaM Sual Corporation - Philippines
- Electricity Generating Authority of Thailand
- Thiess Contractors Indonesia
- Makarim & Taira - Indonesia
- Savvy Resources Ltd - HongKong
- Uttam Galva Steels Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Standard Chartered Bank - UAE
- The State Trading Corporation of India Ltd
- Gujarat Mineral Development Corp Ltd - India
- Indian Energy Exchange, India
- Port Waratah Coal Services - Australia
- Bulk Trading Sa - Switzerland
- Orica Mining Services - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Australian Coal Association
- Electricity Authority, New Zealand
- Ind-Barath Power Infra Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- PTC India Limited - India
- Kideco Jaya Agung - Indonesia
- London Commodity Brokers - England
- Neyveli Lignite Corporation Ltd, - India
- Ceylon Electricity Board - Sri Lanka
- Siam City Cement PLC, Thailand
- Madhucon Powers Ltd - India
- Karaikal Port Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Goldman Sachs - Singapore
- Coastal Gujarat Power Limited - India
- Deloitte Consulting - India
- CIMB Investment Bank - Malaysia
- Vizag Seaport Private Limited - India
- Cigading International Bulk Terminal - Indonesia
- Sree Jayajothi Cements Limited - India
- White Energy Company Limited
- Petron Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Global Green Power PLC Corporation, Philippines
- Carbofer General Trading SA - India
- Siam City Cement - Thailand
- Africa Commodities Group - South Africa
- Central Electricity Authority - India
- Aboitiz Power Corporation - Philippines
- Global Business Power Corporation, Philippines
- Bhushan Steel Limited - India
- Tata Chemicals Ltd - India
- Sical Logistics Limited - India
- Independent Power Producers Association of India
- Sakthi Sugars Limited - India
- South Luzon Thermal Energy Corporation
- Toyota Tsusho Corporation, Japan
- Agrawal Coal Company - India
- Samtan Co., Ltd - South Korea
- Sindya Power Generating Company Private Ltd
- Commonwealth Bank - Australia
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