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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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Wednesday, 18 July 12
SHIP PRICES HAVE FALLEN RAPIDLY THIS YEAR, FAVORING INVESTORS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The price for a 5 year old Capesize dry bulk carrier of 172,000 dwt has fallen to about $33,4mil from $42.9 at the end of June 2011, while at end of ...
Saturday, 14 July 12
FREIGHT MARKET SEEMS TO BE QUITE VOLATILE - VISTAAR
COALspot.com - The market seems to be quite volatile with the trend changing almost every week. This week all the segments were down except for Pana ...
Friday, 13 July 12
TRANSCOAL MINERGY HAS RECEIVED PMA STATUS IN INDONESIA
COALspot.com - PT Transcoal Minergy (“TCM”) has received official foreign owned company status from the Capital Investment Coordinating ...
Thursday, 12 July 12
LACK OF CAPESIZE DEMAND DRAGS DRY BULK MARKET LOWER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
A lack of demand for the larger Capesize dry bulk carriers had as a result the fall of the industry’s benchmark, the BDI (Baltic Dry Index), w ...
Thursday, 12 July 12
RIO TINTO'S SENIOR MANAGEMENT CHANGES
COALspot.com - Rio Tinto is making changes to its senior management team as chief financial officer (CFO) Guy Elliott has decided to retire at the e ...
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- Bharathi Cement Corporation - India
- Salva Resources Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- The University of Queensland
- Jorong Barutama Greston.PT - Indonesia
- Manunggal Multi Energi - Indonesia
- Vizag Seaport Private Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Bangladesh Power Developement Board
- PowerSource Philippines DevCo
- South Luzon Thermal Energy Corporation
- Commonwealth Bank - Australia
- Goldman Sachs - Singapore
- Aditya Birla Group - India
- Singapore Mercantile Exchange
- Banpu Public Company Limited - Thailand
- Bayan Resources Tbk. - Indonesia
- Xindia Steels Limited - India
- ICICI Bank Limited - India
- Sarangani Energy Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Sakthi Sugars Limited - India
- Ambuja Cements Ltd - India
- Antam Resourcindo - Indonesia
- OPG Power Generation Pvt Ltd - India
- Mjunction Services Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sindya Power Generating Company Private Ltd
- Bulk Trading Sa - Switzerland
- Karaikal Port Pvt Ltd - India
- Romanian Commodities Exchange
- Bhushan Steel Limited - India
- Australian Coal Association
- Madhucon Powers Ltd - India
- Indika Energy - Indonesia
- Jindal Steel & Power Ltd - India
- Agrawal Coal Company - India
- Bahari Cakrawala Sebuku - Indonesia
- Baramulti Group, Indonesia
- LBH Netherlands Bv - Netherlands
- Jaiprakash Power Ventures ltd
- Kideco Jaya Agung - Indonesia
- Energy Development Corp, Philippines
- Straits Asia Resources Limited - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Port Waratah Coal Services - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- San Jose City I Power Corp, Philippines
- GAC Shipping (India) Pvt Ltd
- Mintek Dendrill Indonesia
- Sinarmas Energy and Mining - Indonesia
- Oldendorff Carriers - Singapore
- Parry Sugars Refinery, India
- Mercuria Energy - Indonesia
- The State Trading Corporation of India Ltd
- Africa Commodities Group - South Africa
- Simpson Spence & Young - Indonesia
- Kobexindo Tractors - Indoneisa
- New Zealand Coal & Carbon
- Cement Manufacturers Association - India
- Bhoruka Overseas - Indonesia
- Siam City Cement PLC, Thailand
- Tata Chemicals Ltd - India
- Mercator Lines Limited - India
- Maheswari Brothers Coal Limited - India
- MS Steel International - UAE
- Essar Steel Hazira Ltd - India
- VISA Power Limited - India
- Makarim & Taira - Indonesia
- Sojitz Corporation - Japan
- Krishnapatnam Port Company Ltd. - India
- Chettinad Cement Corporation Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- White Energy Company Limited
- Global Business Power Corporation, Philippines
- Star Paper Mills Limited - India
- Rashtriya Ispat Nigam Limited - India
- Dalmia Cement Bharat India
- Toyota Tsusho Corporation, Japan
- Parliament of New Zealand
- Carbofer General Trading SA - India
- Ceylon Electricity Board - Sri Lanka
- GMR Energy Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Wood Mackenzie - Singapore
- Kapuas Tunggal Persada - Indonesia
- Formosa Plastics Group - Taiwan
- Electricity Authority, New Zealand
- Savvy Resources Ltd - HongKong
- European Bulk Services B.V. - Netherlands
- Price Waterhouse Coopers - Russia
- Lanco Infratech Ltd - India
- Bukit Baiduri Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Indian Oil Corporation Limited
- Bhatia International Limited - India
- CIMB Investment Bank - Malaysia
- The Treasury - Australian Government
- Merrill Lynch Commodities Europe
- McConnell Dowell - Australia
- Iligan Light & Power Inc, Philippines
- Independent Power Producers Association of India
- Interocean Group of Companies - India
- Karbindo Abesyapradhi - Indoneisa
- Riau Bara Harum - Indonesia
- Binh Thuan Hamico - Vietnam
- Indian Energy Exchange, India
- Leighton Contractors Pty Ltd - Australia
- India Bulls Power Limited - India
- IHS Mccloskey Coal Group - USA
- Offshore Bulk Terminal Pte Ltd, Singapore
- Larsen & Toubro Limited - India
- Miang Besar Coal Terminal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- PTC India Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Timah Investasi Mineral - Indoneisa
- Aboitiz Power Corporation - Philippines
- Minerals Council of Australia
- CNBM International Corporation - China
- Coastal Gujarat Power Limited - India
- Thai Mozambique Logistica
- Grasim Industreis Ltd - India
- Semirara Mining Corp, Philippines
- Uttam Galva Steels Limited - India
- Sical Logistics Limited - India
- Chamber of Mines of South Africa
- Planning Commission, India
- Global Coal Blending Company Limited - Australia
- Alfred C Toepfer International GmbH - Germany
- Electricity Generating Authority of Thailand
- Eastern Coal Council - USA
- Holcim Trading Pte Ltd - Singapore
- Indonesian Coal Mining Association
- SMG Consultants - Indonesia
- Meralco Power Generation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Intertek Mineral Services - Indonesia
- Global Green Power PLC Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Petron Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Energy Link Ltd, New Zealand
- Neyveli Lignite Corporation Ltd, - India
- Coalindo Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Heidelberg Cement - Germany
- Central Electricity Authority - India
- Metalloyd Limited - United Kingdom
- Gujarat Electricity Regulatory Commission - India
- Kepco SPC Power Corporation, Philippines
- Vedanta Resources Plc - India
- Ministry of Finance - Indonesia
- Latin American Coal - Colombia
- Medco Energi Mining Internasional
- AsiaOL BioFuels Corp., Philippines
- Coal and Oil Company - UAE
- Eastern Energy - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Directorate General of MIneral and Coal - Indonesia
- Malabar Cements Ltd - India
- Gujarat Sidhee Cement - India
- Deloitte Consulting - India
- Kumho Petrochemical, South Korea
- Ind-Barath Power Infra Limited - India
- Power Finance Corporation Ltd., India
- Marubeni Corporation - India
- Asmin Koalindo Tuhup - Indonesia
- Posco Energy - South Korea
- Ministry of Mines - Canada
- Rio Tinto Coal - Australia
- Meenaskhi Energy Private Limited - India
- Georgia Ports Authority, United States
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GVK Power & Infra Limited - India
- Economic Council, Georgia
- ASAPP Information Group - India
- London Commodity Brokers - England
- Maharashtra Electricity Regulatory Commission - India
- TeaM Sual Corporation - Philippines
- Orica Australia Pty. Ltd.
- Semirara Mining and Power Corporation, Philippines
- Renaissance Capital - South Africa
- Barasentosa Lestari - Indonesia
- Thiess Contractors Indonesia
- Orica Mining Services - Indonesia
- IEA Clean Coal Centre - UK
- Attock Cement Pakistan Limited
- Borneo Indobara - Indonesia
- Standard Chartered Bank - UAE
- PNOC Exploration Corporation - Philippines
- Trasteel International SA, Italy
- Altura Mining Limited, Indonesia
- Indo Tambangraya Megah - Indonesia
- Videocon Industries ltd - India
- Siam City Cement - Thailand
- Indogreen Group - Indonesia
- International Coal Ventures Pvt Ltd - India
- Anglo American - United Kingdom
- Globalindo Alam Lestari - Indonesia
- Directorate Of Revenue Intelligence - India
- Wilmar Investment Holdings
- Kartika Selabumi Mining - Indonesia
- Therma Luzon, Inc, Philippines
- Edison Trading Spa - Italy
- Tamil Nadu electricity Board
- Central Java Power - Indonesia
- Australian Commodity Traders Exchange
- Ministry of Transport, Egypt
- GN Power Mariveles Coal Plant, Philippines
- Bukit Makmur.PT - Indonesia
- SN Aboitiz Power Inc, Philippines
- SMC Global Power, Philippines
- Kaltim Prima Coal - Indonesia
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