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Monday, 19 December 11
PLN WILL NO LONGER BUY COAL FROM TRADERS
COALspot.com - Indonesia's state electricity company PT Perusahaan Listrik Negara will no longer allow traders to become their suppliers, said, its president director Nur Pamudji to the Jakarta post.
According to an interview published in the Jakarta post, president director of PLN further said, " We have cut contracts with suppliers who failed to deliver coal as promised. We have informed our suppliers that they have to have their own coal mines or we will terminate their contract. We no longer allow traders to become our suppliers"
PLN, will also get more coal from coal contract of works (locally known as PKP2B or CCoW) holders.
"Previously, we only received supply from Arutmin, but in 2012, we’ll also get low-rank coal from Kideco Jaya Agung and additional supply from Kaltim Prima Coal (KPC). The total coal contract that we currently have is even higher than our need", Nur Pamudji said in his interview.
As the government has set the domestic market obligation ruling, in which PLN and independent power producers will get 57.5 million tons and the government has also imposed a regulation on the coal price so that the supply is secured”, according to Nur Pamudji>
PT. PLN’s subsidiary company PLN Batubara is responsible for acquisition of coal mines and coal procurement for PLN.
To read full interview click here
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Tuesday, 04 September 12
SHIP OWNERS' COMPETITION LEADS TO TANKER FIXTURES BELOW OPERATING COSTS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Ship owners operating in the VLCC tanker markets are increasingly finding it difficult to obtain even breakeven rates for their vessels, as competit ...
Tuesday, 04 September 12
ORPHEUS SECURES ADDITIONAL SIGNIFICANT KINTAP COAL PROJECT IN SOUTH KALIMANTAN
COALspot.com - Indonesian coal producer, Orpheus Energy (ASX:OEG) has announced that it has secured a 50% equity ownership in an additional tenement ...
Monday, 03 September 12
SHIPOWNERS TO WAIT FOR FURTHER PRICE REDUCTIONS IN THE SECOND HAND VESSEL MARKETS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With September now upon us, shipbrokers are looking towards an interesting winter season, as ship owners are looking to capitalize on more second ha ...
Sunday, 02 September 12
ADAROS COAL ROYALTIES TO THE GOVERNMENT INCREASED BY 10.5 PERCENT Y-O-Y TO US$196.8 MILLION
COALspot.com - PT Adaro Energy Tbk (IDX: ADRO), the second largest power plant coal producer in Indonesia, announced its consolidated auditor-review ...
Saturday, 01 September 12
FALLING PRICES; BLEEDING MINERS
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for October 2012 delivery lost 4.070 percent and 0.422 percent respectively on W-o-W and D- ...
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- Videocon Industries ltd - India
- Wilmar Investment Holdings
- TNB Fuel Sdn Bhd - Malaysia
- Oldendorff Carriers - Singapore
- Semirara Mining and Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Jorong Barutama Greston.PT - Indonesia
- Interocean Group of Companies - India
- Commonwealth Bank - Australia
- CNBM International Corporation - China
- Bhoruka Overseas - Indonesia
- Baramulti Group, Indonesia
- Indika Energy - Indonesia
- Trasteel International SA, Italy
- Karbindo Abesyapradhi - Indoneisa
- VISA Power Limited - India
- Anglo American - United Kingdom
- White Energy Company Limited
- Indian Oil Corporation Limited
- Maharashtra Electricity Regulatory Commission - India
- The Treasury - Australian Government
- Australian Commodity Traders Exchange
- Eastern Coal Council - USA
- Global Business Power Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Lanco Infratech Ltd - India
- IEA Clean Coal Centre - UK
- Holcim Trading Pte Ltd - Singapore
- Sree Jayajothi Cements Limited - India
- Salva Resources Pvt Ltd - India
- PowerSource Philippines DevCo
- Toyota Tsusho Corporation, Japan
- Timah Investasi Mineral - Indoneisa
- Globalindo Alam Lestari - Indonesia
- Chamber of Mines of South Africa
- Cement Manufacturers Association - India
- SMC Global Power, Philippines
- PTC India Limited - India
- Carbofer General Trading SA - India
- GAC Shipping (India) Pvt Ltd
- Bulk Trading Sa - Switzerland
- Vijayanagar Sugar Pvt Ltd - India
- Ministry of Mines - Canada
- Posco Energy - South Korea
- Kepco SPC Power Corporation, Philippines
- Parliament of New Zealand
- Coalindo Energy - Indonesia
- Medco Energi Mining Internasional
- Attock Cement Pakistan Limited
- PNOC Exploration Corporation - Philippines
- Metalloyd Limited - United Kingdom
- Renaissance Capital - South Africa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kumho Petrochemical, South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- Power Finance Corporation Ltd., India
- Port Waratah Coal Services - Australia
- Rashtriya Ispat Nigam Limited - India
- Planning Commission, India
- Thiess Contractors Indonesia
- Siam City Cement - Thailand
- Pendopo Energi Batubara - Indonesia
- Indonesian Coal Mining Association
- Goldman Sachs - Singapore
- Indo Tambangraya Megah - Indonesia
- Electricity Generating Authority of Thailand
- Barasentosa Lestari - Indonesia
- Thai Mozambique Logistica
- Neyveli Lignite Corporation Ltd, - India
- GMR Energy Limited - India
- Central Electricity Authority - India
- GN Power Mariveles Coal Plant, Philippines
- Ministry of Finance - Indonesia
- ASAPP Information Group - India
- Chettinad Cement Corporation Ltd - India
- OPG Power Generation Pvt Ltd - India
- London Commodity Brokers - England
- Jindal Steel & Power Ltd - India
- Madhucon Powers Ltd - India
- Energy Link Ltd, New Zealand
- Grasim Industreis Ltd - India
- CIMB Investment Bank - Malaysia
- Asmin Koalindo Tuhup - Indonesia
- Siam City Cement PLC, Thailand
- Manunggal Multi Energi - Indonesia
- Uttam Galva Steels Limited - India
- Xindia Steels Limited - India
- Borneo Indobara - Indonesia
- Romanian Commodities Exchange
- Economic Council, Georgia
- Alfred C Toepfer International GmbH - Germany
- Singapore Mercantile Exchange
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sinarmas Energy and Mining - Indonesia
- Australian Coal Association
- The State Trading Corporation of India Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Rio Tinto Coal - Australia
- McConnell Dowell - Australia
- Iligan Light & Power Inc, Philippines
- Electricity Authority, New Zealand
- Georgia Ports Authority, United States
- Ceylon Electricity Board - Sri Lanka
- Binh Thuan Hamico - Vietnam
- Global Coal Blending Company Limited - Australia
- Vizag Seaport Private Limited - India
- Aboitiz Power Corporation - Philippines
- Gujarat Sidhee Cement - India
- The University of Queensland
- Mintek Dendrill Indonesia
- Petron Corporation, Philippines
- Bhatia International Limited - India
- Altura Mining Limited, Indonesia
- Karaikal Port Pvt Ltd - India
- Bharathi Cement Corporation - India
- Tata Chemicals Ltd - India
- Formosa Plastics Group - Taiwan
- Mercuria Energy - Indonesia
- Indian Energy Exchange, India
- Indogreen Group - Indonesia
- Meenaskhi Energy Private Limited - India
- Bangladesh Power Developement Board
- Jaiprakash Power Ventures ltd
- Dalmia Cement Bharat India
- Bayan Resources Tbk. - Indonesia
- Price Waterhouse Coopers - Russia
- Edison Trading Spa - Italy
- Kaltim Prima Coal - Indonesia
- Therma Luzon, Inc, Philippines
- Essar Steel Hazira Ltd - India
- Krishnapatnam Port Company Ltd. - India
- TeaM Sual Corporation - Philippines
- Semirara Mining Corp, Philippines
- Vedanta Resources Plc - India
- Sojitz Corporation - Japan
- Coal and Oil Company - UAE
- Mjunction Services Limited - India
- Billiton Holdings Pty Ltd - Australia
- New Zealand Coal & Carbon
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mercator Lines Limited - India
- Orica Australia Pty. Ltd.
- Sakthi Sugars Limited - India
- Central Java Power - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Savvy Resources Ltd - HongKong
- Petrochimia International Co. Ltd.- Taiwan
- Directorate General of MIneral and Coal - Indonesia
- IHS Mccloskey Coal Group - USA
- Pipit Mutiara Jaya. PT, Indonesia
- Simpson Spence & Young - Indonesia
- Energy Development Corp, Philippines
- Africa Commodities Group - South Africa
- Orica Mining Services - Indonesia
- San Jose City I Power Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Parry Sugars Refinery, India
- Directorate Of Revenue Intelligence - India
- GVK Power & Infra Limited - India
- Gujarat Electricity Regulatory Commission - India
- SMG Consultants - Indonesia
- Intertek Mineral Services - Indonesia
- Bhushan Steel Limited - India
- Sarangani Energy Corporation, Philippines
- Minerals Council of Australia
- Malabar Cements Ltd - India
- India Bulls Power Limited - India
- Ind-Barath Power Infra Limited - India
- Wood Mackenzie - Singapore
- Global Green Power PLC Corporation, Philippines
- Ambuja Cements Ltd - India
- Maheswari Brothers Coal Limited - India
- Leighton Contractors Pty Ltd - Australia
- Coastal Gujarat Power Limited - India
- AsiaOL BioFuels Corp., Philippines
- Kideco Jaya Agung - Indonesia
- Makarim & Taira - Indonesia
- Antam Resourcindo - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Kartika Selabumi Mining - Indonesia
- Independent Power Producers Association of India
- Larsen & Toubro Limited - India
- Riau Bara Harum - Indonesia
- European Bulk Services B.V. - Netherlands
- LBH Netherlands Bv - Netherlands
- Bahari Cakrawala Sebuku - Indonesia
- Ministry of Transport, Egypt
- Aditya Birla Group - India
- Cigading International Bulk Terminal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Heidelberg Cement - Germany
- Kobexindo Tractors - Indoneisa
- Marubeni Corporation - India
- PetroVietnam Power Coal Import and Supply Company
- Straits Asia Resources Limited - Singapore
- South Luzon Thermal Energy Corporation
- Merrill Lynch Commodities Europe
- Sical Logistics Limited - India
- MS Steel International - UAE
- Gujarat Mineral Development Corp Ltd - India
- Latin American Coal - Colombia
- International Coal Ventures Pvt Ltd - India
- ICICI Bank Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Bukit Baiduri Energy - Indonesia
- Meralco Power Generation, Philippines
- SN Aboitiz Power Inc, Philippines
- Samtan Co., Ltd - South Korea
- Star Paper Mills Limited - India
- Deloitte Consulting - India
- Tamil Nadu electricity Board
- Standard Chartered Bank - UAE
- Banpu Public Company Limited - Thailand
- Agrawal Coal Company - India
- Eastern Energy - Thailand
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