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Friday, 10 July 09
DMO AND ICPR AIMED AT SECURING DOMESTIC COAL SUPPLY
 COALspot.com (Indonesia): According to website of DGCMG, the implementation of coal Domestic Market Obligation (DMO) and the Indonesian Coal Price Reference (ICPR) is aimed at securing continued domestic coal supply and optimization of state revenue. The DMO and ICPR programs is currently in the final stages of implementation.
“During the transition period, the government will implement and distribute average monthly coal prices as a reference for coal mining companies operating in Indonesia” explains the Director General of Mineral, Coal and Geothermal, Bambang Setiawan during the 15th Coaltrans Asia in Nusa Dua, Bali (1-3/6)
The implementation of DMO and ICPR refers to Presidential Decree No.5/2006 on National Energy Policies which states that by 2025, coal shall contribute to 35% towards the national energy mix. This is also regulated in Law No.3/2007 on Energy and Law No.4/2009 on Mineral and Coal Mining.
According to article 11 and 12 of the PKP2B contract, mining companies are able to export their products after fulfilling their domestic market coal obligation. Mining companies are also obligated to help support domestic coal supply. This program emphasizes the need to determine domestic coal demand and the Minimum Domestic Coal Supply Obligation Percentage (PMPBDN) for each company.
“DMO is divided proportionally between each coal mining companies through an agreed work and financial plan” explains the Director General of Mineral, Coal and Geothermal, Bambang Setiawan. The Director General further explains that the PMPBDN is regulated in the form of a ministerial decree. A ministerial decree on domestic coal demand is issued based on of coal demand calculation put forward by domestic coal consumers.
ICPR will be regulated based on the average of 4 price index, consisting of BJ and GC as an international coal price reference, and ICI and Platts as the Indonesian coal price reference. Coal price is then set according to this reference, where coal prices is then set towards Indonesian coal production, reflecting their quality an quantity.
Indonesia is one of the main producers of coal, exceeding 220 million metric tones in 2008 alone. Most of this production, or around 70% is then exported, with the remaining 30% allocated for domestic demands. Indonesia is currently preparing to implement several policies to ensure domestic coal supply due to increasing domestic demands.
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Thursday, 18 June 09
INDIKA GETS APPROVAL ON PETROSEA ACQUISITION
PT Indika Energy, the country’s third-biggest miner, said on Wednesday that its shareholders had approved its plan to acquire an 81.95 percent ...
Thursday, 18 June 09
MORE FUNDS FOR COAL VIDESH ASSET BUY
The government plans to let Coal Videsh, a subsidiary of Coal India, have more than Rs 1,000 crore at its disposal to shop for assets abroad.
&ld ...
Wednesday, 17 June 09
MINE EXPLOSION'S DEATH TOLL HITS 30 - (UPDATE 1 )
Search and rescue workers have discovered the bodies of 30 miners who were killed in a coal mine explosion in the West Sumatra regency of Sawahlunto ...
Wednesday, 17 June 09
S.KOREA UTILITIES INK '09 COAL CONTRACTS WITH CHINA
* S.Korea to buy 3 mln tonnes of coal from China at $78.50/T
* Talks between individual power firms and miners ongoing
South Korean utilities ...
Wednesday, 17 June 09
MINE BLAST KILLS NINE, BURIES DOZENS
A major mine explosion near Sawahlunto city, West Sumatra, Tuesday, killed at least nine people while more than 30 were buried and are feared ...
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- PTC India Limited - India
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- Indika Energy - Indonesia
- Carbofer General Trading SA - India
- Altura Mining Limited, Indonesia
- Meenaskhi Energy Private Limited - India
- Xindia Steels Limited - India
- Mjunction Services Limited - India
- Star Paper Mills Limited - India
- OPG Power Generation Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Anglo American - United Kingdom
- McConnell Dowell - Australia
- Posco Energy - South Korea
- GMR Energy Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Global Green Power PLC Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- TeaM Sual Corporation - Philippines
- Ambuja Cements Ltd - India
- Gujarat Sidhee Cement - India
- Meralco Power Generation, Philippines
- Kumho Petrochemical, South Korea
- Kaltim Prima Coal - Indonesia
- Energy Link Ltd, New Zealand
- South Luzon Thermal Energy Corporation
- Vedanta Resources Plc - India
- Planning Commission, India
- Larsen & Toubro Limited - India
- Heidelberg Cement - Germany
- Ministry of Finance - Indonesia
- London Commodity Brokers - England
- Bhoruka Overseas - Indonesia
- Oldendorff Carriers - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Rio Tinto Coal - Australia
- Edison Trading Spa - Italy
- Savvy Resources Ltd - HongKong
- Sical Logistics Limited - India
- Australian Coal Association
- Lanco Infratech Ltd - India
- Simpson Spence & Young - Indonesia
- Mercuria Energy - Indonesia
- Mintek Dendrill Indonesia
- Global Business Power Corporation, Philippines
- Trasteel International SA, Italy
- Straits Asia Resources Limited - Singapore
- Coal and Oil Company - UAE
- Baramulti Group, Indonesia
- Africa Commodities Group - South Africa
- Marubeni Corporation - India
- Port Waratah Coal Services - Australia
- Ind-Barath Power Infra Limited - India
- LBH Netherlands Bv - Netherlands
- Gujarat Electricity Regulatory Commission - India
- European Bulk Services B.V. - Netherlands
- Madhucon Powers Ltd - India
- Toyota Tsusho Corporation, Japan
- Bukit Asam (Persero) Tbk - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Electricity Generating Authority of Thailand
- ASAPP Information Group - India
- Karaikal Port Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- White Energy Company Limited
- Standard Chartered Bank - UAE
- Indian Energy Exchange, India
- Ministry of Mines - Canada
- Kapuas Tunggal Persada - Indonesia
- Makarim & Taira - Indonesia
- Manunggal Multi Energi - Indonesia
- Siam City Cement PLC, Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Bhushan Steel Limited - India
- GAC Shipping (India) Pvt Ltd
- Therma Luzon, Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Krishnapatnam Port Company Ltd. - India
- San Jose City I Power Corp, Philippines
- SMC Global Power, Philippines
- Bayan Resources Tbk. - Indonesia
- Minerals Council of Australia
- Electricity Authority, New Zealand
- Georgia Ports Authority, United States
- Holcim Trading Pte Ltd - Singapore
- SMG Consultants - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Parry Sugars Refinery, India
- Vijayanagar Sugar Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Jaiprakash Power Ventures ltd
- Tata Chemicals Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Kartika Selabumi Mining - Indonesia
- Wilmar Investment Holdings
- Rashtriya Ispat Nigam Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Singapore Mercantile Exchange
- Semirara Mining and Power Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Eastern Energy - Thailand
- Chettinad Cement Corporation Ltd - India
- Kideco Jaya Agung - Indonesia
- Coastal Gujarat Power Limited - India
- Aboitiz Power Corporation - Philippines
- Riau Bara Harum - Indonesia
- Cement Manufacturers Association - India
- Central Java Power - Indonesia
- The University of Queensland
- Petrochimia International Co. Ltd.- Taiwan
- Dalmia Cement Bharat India
- Bhatia International Limited - India
- Borneo Indobara - Indonesia
- PNOC Exploration Corporation - Philippines
- Latin American Coal - Colombia
- Sinarmas Energy and Mining - Indonesia
- Formosa Plastics Group - Taiwan
- Sree Jayajothi Cements Limited - India
- Sojitz Corporation - Japan
- Timah Investasi Mineral - Indoneisa
- Jorong Barutama Greston.PT - Indonesia
- Power Finance Corporation Ltd., India
- Sindya Power Generating Company Private Ltd
- CNBM International Corporation - China
- Tamil Nadu electricity Board
- The State Trading Corporation of India Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Chamber of Mines of South Africa
- Pipit Mutiara Jaya. PT, Indonesia
- Miang Besar Coal Terminal - Indonesia
- Interocean Group of Companies - India
- ICICI Bank Limited - India
- Sakthi Sugars Limited - India
- Indo Tambangraya Megah - Indonesia
- Cigading International Bulk Terminal - Indonesia
- New Zealand Coal & Carbon
- Kepco SPC Power Corporation, Philippines
- Merrill Lynch Commodities Europe
- VISA Power Limited - India
- Thiess Contractors Indonesia
- Sarangani Energy Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Directorate Of Revenue Intelligence - India
- Parliament of New Zealand
- Bangladesh Power Developement Board
- Energy Development Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Neyveli Lignite Corporation Ltd, - India
- Uttam Galva Steels Limited - India
- CIMB Investment Bank - Malaysia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Australian Commodity Traders Exchange
- Attock Cement Pakistan Limited
- Jindal Steel & Power Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Alfred C Toepfer International GmbH - Germany
- Orica Australia Pty. Ltd.
- International Coal Ventures Pvt Ltd - India
- Commonwealth Bank - Australia
- Eastern Coal Council - USA
- Bukit Baiduri Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Barasentosa Lestari - Indonesia
- MS Steel International - UAE
- Vizag Seaport Private Limited - India
- Renaissance Capital - South Africa
- India Bulls Power Limited - India
- Price Waterhouse Coopers - Russia
- Aditya Birla Group - India
- Goldman Sachs - Singapore
- Banpu Public Company Limited - Thailand
- Metalloyd Limited - United Kingdom
- Bharathi Cement Corporation - India
- GVK Power & Infra Limited - India
- Leighton Contractors Pty Ltd - Australia
- The Treasury - Australian Government
- IEA Clean Coal Centre - UK
- Mercator Lines Limited - India
- Indian Oil Corporation Limited
- Global Coal Blending Company Limited - Australia
- Ministry of Transport, Egypt
- Indonesian Coal Mining Association
- Samtan Co., Ltd - South Korea
- Orica Mining Services - Indonesia
- Videocon Industries ltd - India
- Thai Mozambique Logistica
- Grasim Industreis Ltd - India
- Malabar Cements Ltd - India
- Bulk Trading Sa - Switzerland
- IHS Mccloskey Coal Group - USA
- Independent Power Producers Association of India
- Kobexindo Tractors - Indoneisa
- Petron Corporation, Philippines
- Semirara Mining Corp, Philippines
- Indogreen Group - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Asmin Koalindo Tuhup - Indonesia
- Siam City Cement - Thailand
- Iligan Light & Power Inc, Philippines
- Coalindo Energy - Indonesia
- Central Electricity Authority - India
- Gujarat Mineral Development Corp Ltd - India
- Medco Energi Mining Internasional
- Ceylon Electricity Board - Sri Lanka
- PowerSource Philippines DevCo
- Essar Steel Hazira Ltd - India
- Economic Council, Georgia
- Deloitte Consulting - India
- Agrawal Coal Company - India
- Maheswari Brothers Coal Limited - India
- Antam Resourcindo - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Salva Resources Pvt Ltd - India
- Wood Mackenzie - Singapore
- Romanian Commodities Exchange
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