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Friday, 23 September 11
ICMA TO BUILD UPGRADE FACILITIES TO ANTICIPATE BAN ON LOW-GRADE COAL EXPORT BY 2014
COALspot.com - January to August of this year, Indonesia’s coal production had already reached 235 million tons. Earlier estimates had targeted this year’s coal production to between 340 million and 360 million tons said,the Indonesian coal mining association.
“If between October and December, rainfall is high, total production may be around 340 million. But if everything goes well, production may reach to 370 million tons,” chairman of ICMA Bob Kamandanu told reporters on the sidelines of the Indonesian Mining Conference & Exhibition 2011 in Jakarta.
Indonesian government has increased the domestic market obligation allocation to 82.07 million tons of coal for 2012, which is 4 percent higher than 2011 allocations. DMO requires coal producers to sell a part of their production to local buyers.
According to the Energy and Mineral Resources Ministry, domestic coal needs in 2012 would be reached to 82.07 million tons, comprising 63.84 million tons for coal-fired power plants, 12.23 million tons for cement, fertilizer, pulp and textile industries.
Out of the 63.84 million tons of coal allocated for generating electricity, 57.20 million tons is allocated to state electricity company, 10.76 million tons to IPPs, 0.83 million tons to PT Freeport Indonesia, 0.54 million tons for PT Newmont Nusa Tenggara and 0.19 million tons for PT Pusaka Jaya Palu Power.
To date, only 63 coal mining companies are obliged to comply with the DMO.Out of the 63 coal companies, 40 companies are holders of CCoW and 22 companies are IUP OP holders.
According to Energy and Mineral Resources Ministry In 2012, total 63 coal mining companies will be obliged to sell 82.07 million tons of coal or 24.72 percent of total estimated Indonesain coal production (government estimation was 332 million tons) to domestic users under the DMO ruling.
In 2012, the Indonesian government set the production target at 332 million tons, while the ICMA forecasted that the out put of coal may hit 380 million tons, which is 14.45 percent higher than government's estimation.
Indonesia governemnt may officially apply a ban on low-grade coal exports by 2014. To anticipate the regulation, ICMA revealed that two coal upgrade facilities are ready to be installed in South Kalimantan and South Sumatra in 2012 and 2014, respectively, as quoted by media. However, no further details given on either upgrading technology that to be used,the total investment or capacity of upgrading facilities.
"If the regulation is implemented, then the impact will be tremendous, because there are 150 million tons of coal low calorific value coal (below 5700 gad coal) that cannot be exported," Chirman of ICMA said earlier. Hence if the coal below 5700 calorific value on ADB basis banned for export, then the coal upgrading facilities to be installed must have the capacity to upgrade higher volume of coal yearly.
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Sunday, 28 August 11
FREIGHT MARKET COULD BE FIRM NEXT MONTH - VISTAAR
COALspot.com - The freight market continued the upward trend first half of the week . However, towards the end of the week lost momentum and the BDI ...
Saturday, 27 August 11
JAPANESE BULK CARRIER SETS RECORD ON NORTHERN SEA ROUTE - BARENTS OBSERVER
The Northern Sea Route will see its third record in less than a month when the largest ever bulk carrier to take the route leaves Murmansk next week ...
Saturday, 27 August 11
RBCT-INDIA ROUNDS FIXED AT AROUND US$ 12K - FEARNBULK
Handy
Stable but very positional markets across all segments in the Atlantic: the gap between owners and charterers rate ideas is building up as o ...
Friday, 26 August 11
TUAH TURANGGA AGUNG ACQUIRES AN ADDITIONAL 40% SHARES IN BARA PRIMA AGUNG
COALspot.com - PT Tuah Turangga Agung, a subsidiary of PT United Tractors Tbk, has signed an acquisition agreement to acquire 40% of PT Bara Prima A ...
Friday, 26 August 11
INTRACO EYES US$200 MIO COAL TAKEOVER - INSIDER STORIES
Heavy equipment distributor PT Intraco Penta Tbk, that was founded by Halex Halim, is scouting a coal acquisition with the valuation above US$200 mi ...
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- Ministry of Mines - Canada
- Interocean Group of Companies - India
- Meenaskhi Energy Private Limited - India
- Grasim Industreis Ltd - India
- Jindal Steel & Power Ltd - India
- Kaltim Prima Coal - Indonesia
- Indonesian Coal Mining Association
- Ceylon Electricity Board - Sri Lanka
- India Bulls Power Limited - India
- Rashtriya Ispat Nigam Limited - India
- Holcim Trading Pte Ltd - Singapore
- Mintek Dendrill Indonesia
- Price Waterhouse Coopers - Russia
- Savvy Resources Ltd - HongKong
- Jaiprakash Power Ventures ltd
- Cement Manufacturers Association - India
- Kobexindo Tractors - Indoneisa
- Semirara Mining Corp, Philippines
- Singapore Mercantile Exchange
- Eastern Coal Council - USA
- Altura Mining Limited, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SMC Global Power, Philippines
- Sindya Power Generating Company Private Ltd
- Global Coal Blending Company Limited - Australia
- Samtan Co., Ltd - South Korea
- Karbindo Abesyapradhi - Indoneisa
- Uttam Galva Steels Limited - India
- Miang Besar Coal Terminal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Chettinad Cement Corporation Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Antam Resourcindo - Indonesia
- Alfred C Toepfer International GmbH - Germany
- IEA Clean Coal Centre - UK
- Pendopo Energi Batubara - Indonesia
- Australian Coal Association
- Sical Logistics Limited - India
- Kepco SPC Power Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Banpu Public Company Limited - Thailand
- Global Green Power PLC Corporation, Philippines
- ICICI Bank Limited - India
- SN Aboitiz Power Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Billiton Holdings Pty Ltd - Australia
- Simpson Spence & Young - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Mercuria Energy - Indonesia
- Chamber of Mines of South Africa
- Bangladesh Power Developement Board
- Ind-Barath Power Infra Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Barasentosa Lestari - Indonesia
- Ministry of Finance - Indonesia
- Oldendorff Carriers - Singapore
- Deloitte Consulting - India
- CIMB Investment Bank - Malaysia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sinarmas Energy and Mining - Indonesia
- Marubeni Corporation - India
- Planning Commission, India
- The University of Queensland
- PTC India Limited - India
- Manunggal Multi Energi - Indonesia
- Orica Australia Pty. Ltd.
- Independent Power Producers Association of India
- Riau Bara Harum - Indonesia
- Goldman Sachs - Singapore
- AsiaOL BioFuels Corp., Philippines
- Dalmia Cement Bharat India
- Port Waratah Coal Services - Australia
- Semirara Mining and Power Corporation, Philippines
- Agrawal Coal Company - India
- TeaM Sual Corporation - Philippines
- Bhatia International Limited - India
- Iligan Light & Power Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Toyota Tsusho Corporation, Japan
- Indian Energy Exchange, India
- Asmin Koalindo Tuhup - Indonesia
- PowerSource Philippines DevCo
- TNB Fuel Sdn Bhd - Malaysia
- Baramulti Group, Indonesia
- Bukit Baiduri Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- Central Java Power - Indonesia
- Kideco Jaya Agung - Indonesia
- Petron Corporation, Philippines
- Eastern Energy - Thailand
- Medco Energi Mining Internasional
- Carbofer General Trading SA - India
- Trasteel International SA, Italy
- Kumho Petrochemical, South Korea
- Petrochimia International Co. Ltd.- Taiwan
- Leighton Contractors Pty Ltd - Australia
- SMG Consultants - Indonesia
- Wilmar Investment Holdings
- Minerals Council of Australia
- Bukit Makmur.PT - Indonesia
- Heidelberg Cement - Germany
- Maharashtra Electricity Regulatory Commission - India
- Straits Asia Resources Limited - Singapore
- Mercator Lines Limited - India
- European Bulk Services B.V. - Netherlands
- Cigading International Bulk Terminal - Indonesia
- Gujarat Sidhee Cement - India
- Commonwealth Bank - Australia
- The Treasury - Australian Government
- Merrill Lynch Commodities Europe
- GN Power Mariveles Coal Plant, Philippines
- Larsen & Toubro Limited - India
- Sarangani Energy Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Malabar Cements Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Indogreen Group - Indonesia
- Africa Commodities Group - South Africa
- Energy Link Ltd, New Zealand
- ASAPP Information Group - India
- South Luzon Thermal Energy Corporation
- Australian Commodity Traders Exchange
- Wood Mackenzie - Singapore
- Coal and Oil Company - UAE
- New Zealand Coal & Carbon
- Videocon Industries ltd - India
- Ministry of Transport, Egypt
- Thai Mozambique Logistica
- Madhucon Powers Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Binh Thuan Hamico - Vietnam
- Siam City Cement PLC, Thailand
- Kapuas Tunggal Persada - Indonesia
- Bharathi Cement Corporation - India
- MS Steel International - UAE
- Aboitiz Power Corporation - Philippines
- Krishnapatnam Port Company Ltd. - India
- McConnell Dowell - Australia
- Kohat Cement Company Ltd. - Pakistan
- Timah Investasi Mineral - Indoneisa
- Orica Mining Services - Indonesia
- Sree Jayajothi Cements Limited - India
- Thiess Contractors Indonesia
- Salva Resources Pvt Ltd - India
- Latin American Coal - Colombia
- IHS Mccloskey Coal Group - USA
- Intertek Mineral Services - Indonesia
- Posco Energy - South Korea
- Borneo Indobara - Indonesia
- VISA Power Limited - India
- Bulk Trading Sa - Switzerland
- San Jose City I Power Corp, Philippines
- Indika Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Tata Chemicals Ltd - India
- Globalindo Alam Lestari - Indonesia
- GMR Energy Limited - India
- Bhoruka Overseas - Indonesia
- GVK Power & Infra Limited - India
- Sakthi Sugars Limited - India
- Vizag Seaport Private Limited - India
- Bhushan Steel Limited - India
- Vedanta Resources Plc - India
- Kalimantan Lumbung Energi - Indonesia
- Formosa Plastics Group - Taiwan
- OPG Power Generation Pvt Ltd - India
- Economic Council, Georgia
- Essar Steel Hazira Ltd - India
- LBH Netherlands Bv - Netherlands
- Star Paper Mills Limited - India
- PNOC Exploration Corporation - Philippines
- Parry Sugars Refinery, India
- GAC Shipping (India) Pvt Ltd
- Central Electricity Authority - India
- Siam City Cement - Thailand
- Indian Oil Corporation Limited
- Electricity Generating Authority of Thailand
- Energy Development Corp, Philippines
- Coalindo Energy - Indonesia
- Sojitz Corporation - Japan
- Romanian Commodities Exchange
- Electricity Authority, New Zealand
- Kartika Selabumi Mining - Indonesia
- Xindia Steels Limited - India
- Renaissance Capital - South Africa
- Power Finance Corporation Ltd., India
- Aditya Birla Group - India
- Standard Chartered Bank - UAE
- London Commodity Brokers - England
- Ambuja Cements Ltd - India
- Mjunction Services Limited - India
- Tamil Nadu electricity Board
- Anglo American - United Kingdom
- Parliament of New Zealand
- Global Business Power Corporation, Philippines
- Meralco Power Generation, Philippines
- Rio Tinto Coal - Australia
- Directorate Of Revenue Intelligence - India
- Attock Cement Pakistan Limited
- The State Trading Corporation of India Ltd
- Makarim & Taira - Indonesia
- Georgia Ports Authority, United States
- Coastal Gujarat Power Limited - India
- Metalloyd Limited - United Kingdom
- Edison Trading Spa - Italy
- CNBM International Corporation - China
- White Energy Company Limited
- Bank of Tokyo Mitsubishi UFJ Ltd
- Lanco Infratech Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
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