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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, 12 June 12
ITACHA RESOURCES BUYS SARANA MARINE - INSIDER STORIES
Insider Stories reported that, coal mining company PT Itacha Resources, a joint venture between Anthoni Salim and Glenn Yusuf, announced that Itacha ...
Monday, 11 June 12
BAHANA FORECASTS THE COAL PRICES WILL FALL FURTHER
COALspot.com - Growing US coal supplies + low shipping costs = Asia as target.
According to Irwan Budiarto analyst at Bahana Securities, US ...
Monday, 11 June 12
ASIAN COAL TRADING COMMUNITY EMBRACES API 5 AND API 8
Press Release - The Asian coal trading community is embracing the API 5 and API 8 indexes for its swap contracts.
The API 5 index represents 5,50 ...
Sunday, 10 June 12
FREIGHT MARKET EXPECTED TO REMAIN WEAK FOR NEXT FEW WEEKS - VISTAAR
COALspot.com - The BDI continued to fall this week and down by 2.99 pct closing at 877 points.
The Cape index also was down by 5.78 pct closing a ...
Friday, 08 June 12
ESSAR ENERGY RECEIVES FINAL APPROVAL FOR INDONESIAN COAL BLOCK
COALspot.com - Essar Energy plc, the India-focused integrated energy company, today announced that it has received final ‘Pinjam Pakai’ ...
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- Kartika Selabumi Mining - Indonesia
- Posco Energy - South Korea
- Baramulti Group, Indonesia
- Uttam Galva Steels Limited - India
- Alfred C Toepfer International GmbH - Germany
- Goldman Sachs - Singapore
- Straits Asia Resources Limited - Singapore
- Central Java Power - Indonesia
- Coalindo Energy - Indonesia
- Ministry of Finance - Indonesia
- Global Green Power PLC Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Tata Chemicals Ltd - India
- Wood Mackenzie - Singapore
- Planning Commission, India
- Billiton Holdings Pty Ltd - Australia
- Thiess Contractors Indonesia
- Siam City Cement PLC, Thailand
- South Luzon Thermal Energy Corporation
- Australian Coal Association
- Simpson Spence & Young - Indonesia
- Indian Oil Corporation Limited
- Mercuria Energy - Indonesia
- Barasentosa Lestari - Indonesia
- PowerSource Philippines DevCo
- Trasteel International SA, Italy
- Ministry of Mines - Canada
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Coal Blending Company Limited - Australia
- Salva Resources Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Malabar Cements Ltd - India
- The State Trading Corporation of India Ltd
- Holcim Trading Pte Ltd - Singapore
- McConnell Dowell - Australia
- Electricity Generating Authority of Thailand
- Siam City Cement - Thailand
- SN Aboitiz Power Inc, Philippines
- Marubeni Corporation - India
- AsiaOL BioFuels Corp., Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- IEA Clean Coal Centre - UK
- Merrill Lynch Commodities Europe
- Asmin Koalindo Tuhup - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Carbofer General Trading SA - India
- Pipit Mutiara Jaya. PT, Indonesia
- Gujarat Sidhee Cement - India
- Bayan Resources Tbk. - Indonesia
- Lanco Infratech Ltd - India
- TeaM Sual Corporation - Philippines
- Latin American Coal - Colombia
- Global Business Power Corporation, Philippines
- Tamil Nadu electricity Board
- Altura Mining Limited, Indonesia
- Aditya Birla Group - India
- Karbindo Abesyapradhi - Indoneisa
- Rio Tinto Coal - Australia
- Globalindo Alam Lestari - Indonesia
- Ministry of Transport, Egypt
- Bhatia International Limited - India
- GAC Shipping (India) Pvt Ltd
- Wilmar Investment Holdings
- Interocean Group of Companies - India
- GVK Power & Infra Limited - India
- Riau Bara Harum - Indonesia
- Romanian Commodities Exchange
- Vedanta Resources Plc - India
- Bahari Cakrawala Sebuku - Indonesia
- Bhoruka Overseas - Indonesia
- Larsen & Toubro Limited - India
- Bangladesh Power Developement Board
- Videocon Industries ltd - India
- Kobexindo Tractors - Indoneisa
- Bulk Trading Sa - Switzerland
- SMG Consultants - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Eastern Coal Council - USA
- Renaissance Capital - South Africa
- Petrochimia International Co. Ltd.- Taiwan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Energy Development Corp, Philippines
- ICICI Bank Limited - India
- CNBM International Corporation - China
- Directorate Of Revenue Intelligence - India
- GMR Energy Limited - India
- Grasim Industreis Ltd - India
- Kumho Petrochemical, South Korea
- Kalimantan Lumbung Energi - Indonesia
- Kaltim Prima Coal - Indonesia
- Sojitz Corporation - Japan
- Medco Energi Mining Internasional
- Indian Energy Exchange, India
- Ceylon Electricity Board - Sri Lanka
- Oldendorff Carriers - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Aboitiz Power Corporation - Philippines
- Iligan Light & Power Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Indika Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Central Electricity Authority - India
- Meralco Power Generation, Philippines
- Power Finance Corporation Ltd., India
- Mercator Lines Limited - India
- New Zealand Coal & Carbon
- Indo Tambangraya Megah - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Binh Thuan Hamico - Vietnam
- India Bulls Power Limited - India
- Indogreen Group - Indonesia
- Bukit Baiduri Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Parry Sugars Refinery, India
- Manunggal Multi Energi - Indonesia
- Coal and Oil Company - UAE
- Indonesian Coal Mining Association
- Sakthi Sugars Limited - India
- Ind-Barath Power Infra Limited - India
- Krishnapatnam Port Company Ltd. - India
- The Treasury - Australian Government
- Anglo American - United Kingdom
- Miang Besar Coal Terminal - Indonesia
- Madhucon Powers Ltd - India
- Maheswari Brothers Coal Limited - India
- Makarim & Taira - Indonesia
- Energy Link Ltd, New Zealand
- Rashtriya Ispat Nigam Limited - India
- Pendopo Energi Batubara - Indonesia
- Star Paper Mills Limited - India
- Toyota Tsusho Corporation, Japan
- PTC India Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Essar Steel Hazira Ltd - India
- Metalloyd Limited - United Kingdom
- Cement Manufacturers Association - India
- Semirara Mining Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Kideco Jaya Agung - Indonesia
- San Jose City I Power Corp, Philippines
- Ambuja Cements Ltd - India
- ASAPP Information Group - India
- Mintek Dendrill Indonesia
- London Commodity Brokers - England
- Chamber of Mines of South Africa
- Kohat Cement Company Ltd. - Pakistan
- Port Waratah Coal Services - Australia
- Bharathi Cement Corporation - India
- Therma Luzon, Inc, Philippines
- Borneo Indobara - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Africa Commodities Group - South Africa
- Coastal Gujarat Power Limited - India
- Attock Cement Pakistan Limited
- European Bulk Services B.V. - Netherlands
- Commonwealth Bank - Australia
- Meenaskhi Energy Private Limited - India
- Sinarmas Energy and Mining - Indonesia
- Price Waterhouse Coopers - Russia
- Bukit Asam (Persero) Tbk - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Karaikal Port Pvt Ltd - India
- Sical Logistics Limited - India
- Agrawal Coal Company - India
- Parliament of New Zealand
- GN Power Mariveles Coal Plant, Philippines
- MS Steel International - UAE
- Georgia Ports Authority, United States
- Mjunction Services Limited - India
- VISA Power Limited - India
- Petron Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Gujarat Electricity Regulatory Commission - India
- Kapuas Tunggal Persada - Indonesia
- Vizag Seaport Private Limited - India
- Minerals Council of Australia
- Bhushan Steel Limited - India
- Jaiprakash Power Ventures ltd
- Orica Mining Services - Indonesia
- Banpu Public Company Limited - Thailand
- Semirara Mining and Power Corporation, Philippines
- Singapore Mercantile Exchange
- OPG Power Generation Pvt Ltd - India
- Independent Power Producers Association of India
- Antam Resourcindo - Indonesia
- CIMB Investment Bank - Malaysia
- Chettinad Cement Corporation Ltd - India
- Jindal Steel & Power Ltd - India
- SMC Global Power, Philippines
- Sindya Power Generating Company Private Ltd
- Sarangani Energy Corporation, Philippines
- Australian Commodity Traders Exchange
- Gujarat Mineral Development Corp Ltd - India
- The University of Queensland
- Edison Trading Spa - Italy
- Electricity Authority, New Zealand
- Orica Australia Pty. Ltd.
- Bukit Makmur.PT - Indonesia
- White Energy Company Limited
- LBH Netherlands Bv - Netherlands
- Xindia Steels Limited - India
- Economic Council, Georgia
- Deloitte Consulting - India
- Standard Chartered Bank - UAE
- Dalmia Cement Bharat India
- Samtan Co., Ltd - South Korea
- Formosa Plastics Group - Taiwan
- Kepco SPC Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Eastern Energy - Thailand
- Heidelberg Cement - Germany
- Thai Mozambique Logistica
- Timah Investasi Mineral - Indoneisa
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