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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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Saturday, 11 February 12
WILL HISTORY REPEAT ITSELF IN THIS SHIPPING CYCLE? - CLARKSONS / HELLENIC SHIPPING
A slightly dubious "best man" joke runs as follows… Best man (giving his wedding speech): "Have you noticed how history repeat ...
Friday, 10 February 12
TONNAGE KEEPS ON COMING - DREWRY
Drewry Maritime Research’s latest edition of its Dry Bulk Forecaster pulls no punches in its assessment of a market that looks certain to cont ...
Friday, 10 February 12
GIVE PERMIT POWERS TO GOVERNORS: MINERS - THE JAKARTA POST
The Jakarta Post reported that, following clashes between mining companies and local residents, the Indonesian Mining Association (IMA) wants to tra ...
Thursday, 09 February 12
AUSTRALIA'S EPIC TO ACQUIRE 15,500 HA COAL EXPLORATION LICENCES IN EAST KALIMANTAN, INDONESIA
COALspot.com - Epic Resources Limited to acquire two coal concessions in Kutai Barat regency, East Kalimantan, Indonesia.
According to company's ...
Thursday, 09 February 12
RESOURCE ALAM BUYS 28,521HA CONCESSIONS - INSIDER STORIES
Insider Stories reported that, PT Resource Alam Indonesia Tbk (KKGI), owned by Adijanto family, today announced acquisition of 75% interest in PT Ka ...
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- Indian Oil Corporation Limited
- Gujarat Electricity Regulatory Commission - India
- Anglo American - United Kingdom
- AsiaOL BioFuels Corp., Philippines
- Independent Power Producers Association of India
- Aboitiz Power Corporation - Philippines
- Wood Mackenzie - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Tata Chemicals Ltd - India
- Economic Council, Georgia
- Malabar Cements Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ministry of Finance - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Bhatia International Limited - India
- Intertek Mineral Services - Indonesia
- Larsen & Toubro Limited - India
- Straits Asia Resources Limited - Singapore
- ASAPP Information Group - India
- CIMB Investment Bank - Malaysia
- Sical Logistics Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Krishnapatnam Port Company Ltd. - India
- Barasentosa Lestari - Indonesia
- Energy Link Ltd, New Zealand
- Sakthi Sugars Limited - India
- The Treasury - Australian Government
- Orica Australia Pty. Ltd.
- Borneo Indobara - Indonesia
- Tamil Nadu electricity Board
- Australian Coal Association
- Kaltim Prima Coal - Indonesia
- Simpson Spence & Young - Indonesia
- European Bulk Services B.V. - Netherlands
- Salva Resources Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Mintek Dendrill Indonesia
- Maheswari Brothers Coal Limited - India
- Metalloyd Limited - United Kingdom
- Edison Trading Spa - Italy
- Minerals Council of Australia
- IEA Clean Coal Centre - UK
- Kumho Petrochemical, South Korea
- Commonwealth Bank - Australia
- Romanian Commodities Exchange
- Parry Sugars Refinery, India
- Savvy Resources Ltd - HongKong
- CNBM International Corporation - China
- South Luzon Thermal Energy Corporation
- Medco Energi Mining Internasional
- Offshore Bulk Terminal Pte Ltd, Singapore
- Central Java Power - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Eastern Energy - Thailand
- Karaikal Port Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- MS Steel International - UAE
- VISA Power Limited - India
- TeaM Sual Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- Indian Energy Exchange, India
- GVK Power & Infra Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Deloitte Consulting - India
- Xindia Steels Limited - India
- The State Trading Corporation of India Ltd
- Chettinad Cement Corporation Ltd - India
- Indika Energy - Indonesia
- Antam Resourcindo - Indonesia
- Merrill Lynch Commodities Europe
- Mjunction Services Limited - India
- Mercuria Energy - Indonesia
- Directorate Of Revenue Intelligence - India
- Singapore Mercantile Exchange
- Ministry of Transport, Egypt
- Port Waratah Coal Services - Australia
- New Zealand Coal & Carbon
- Kobexindo Tractors - Indoneisa
- Ind-Barath Power Infra Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Kartika Selabumi Mining - Indonesia
- SMG Consultants - Indonesia
- Parliament of New Zealand
- Heidelberg Cement - Germany
- SMC Global Power, Philippines
- Cement Manufacturers Association - India
- Rashtriya Ispat Nigam Limited - India
- Coalindo Energy - Indonesia
- Siam City Cement - Thailand
- Pendopo Energi Batubara - Indonesia
- Trasteel International SA, Italy
- Renaissance Capital - South Africa
- Jindal Steel & Power Ltd - India
- Meenaskhi Energy Private Limited - India
- Bhushan Steel Limited - India
- Australian Commodity Traders Exchange
- Madhucon Powers Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Latin American Coal - Colombia
- Baramulti Group, Indonesia
- Attock Cement Pakistan Limited
- Oldendorff Carriers - Singapore
- Electricity Authority, New Zealand
- Global Business Power Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- OPG Power Generation Pvt Ltd - India
- Videocon Industries ltd - India
- Ambuja Cements Ltd - India
- Makarim & Taira - Indonesia
- PTC India Limited - India
- Kapuas Tunggal Persada - Indonesia
- Georgia Ports Authority, United States
- Meralco Power Generation, Philippines
- Coal and Oil Company - UAE
- Kepco SPC Power Corporation, Philippines
- Altura Mining Limited, Indonesia
- Bulk Trading Sa - Switzerland
- LBH Netherlands Bv - Netherlands
- Neyveli Lignite Corporation Ltd, - India
- Sojitz Corporation - Japan
- Posco Energy - South Korea
- Bayan Resources Tbk. - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Indonesian Coal Mining Association
- Ceylon Electricity Board - Sri Lanka
- Chamber of Mines of South Africa
- Sarangani Energy Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Bangladesh Power Developement Board
- PNOC Exploration Corporation - Philippines
- Power Finance Corporation Ltd., India
- Rio Tinto Coal - Australia
- Goldman Sachs - Singapore
- Electricity Generating Authority of Thailand
- Miang Besar Coal Terminal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PowerSource Philippines DevCo
- Bukit Makmur.PT - Indonesia
- Iligan Light & Power Inc, Philippines
- The University of Queensland
- Leighton Contractors Pty Ltd - Australia
- Kalimantan Lumbung Energi - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Dalmia Cement Bharat India
- London Commodity Brokers - England
- India Bulls Power Limited - India
- Globalindo Alam Lestari - Indonesia
- Standard Chartered Bank - UAE
- Indo Tambangraya Megah - Indonesia
- Bhoruka Overseas - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- San Jose City I Power Corp, Philippines
- Interocean Group of Companies - India
- GAC Shipping (India) Pvt Ltd
- Central Electricity Authority - India
- Formosa Plastics Group - Taiwan
- IHS Mccloskey Coal Group - USA
- Eastern Coal Council - USA
- Kohat Cement Company Ltd. - Pakistan
- Uttam Galva Steels Limited - India
- Orica Mining Services - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Vedanta Resources Plc - India
- Petrochimia International Co. Ltd.- Taiwan
- Thiess Contractors Indonesia
- Planning Commission, India
- Thai Mozambique Logistica
- Ministry of Mines - Canada
- GMR Energy Limited - India
- Riau Bara Harum - Indonesia
- Timah Investasi Mineral - Indoneisa
- Cigading International Bulk Terminal - Indonesia
- Mercator Lines Limited - India
- Samtan Co., Ltd - South Korea
- Jaiprakash Power Ventures ltd
- Indogreen Group - Indonesia
- Coastal Gujarat Power Limited - India
- Gujarat Sidhee Cement - India
- Star Paper Mills Limited - India
- Bharathi Cement Corporation - India
- Grasim Industreis Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Sindya Power Generating Company Private Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Agrawal Coal Company - India
- Essar Steel Hazira Ltd - India
- Kideco Jaya Agung - Indonesia
- Marubeni Corporation - India
- Maharashtra Electricity Regulatory Commission - India
- Therma Luzon, Inc, Philippines
- White Energy Company Limited
- Pipit Mutiara Jaya. PT, Indonesia
- Wilmar Investment Holdings
- Lanco Infratech Ltd - India
- Carbofer General Trading SA - India
- Directorate General of MIneral and Coal - Indonesia
- ICICI Bank Limited - India
- Price Waterhouse Coopers - Russia
- Sree Jayajothi Cements Limited - India
- Banpu Public Company Limited - Thailand
- Siam City Cement PLC, Thailand
- Petron Corporation, Philippines
- McConnell Dowell - Australia
- SN Aboitiz Power Inc, Philippines
- Energy Development Corp, Philippines
- Vizag Seaport Private Limited - India
- Manunggal Multi Energi - Indonesia
- Africa Commodities Group - South Africa
- Aditya Birla Group - India
- Semirara Mining Corp, Philippines
- Binh Thuan Hamico - Vietnam
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