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Wednesday, 01 August 18
JOKOWI CANCELS PLAN TO REVOKE COAL DMO - JP
 President Joko "Jokowi" Widodo on Tuesday has canceled the government’s plan to revoke the domestic market obligation (DMO) for coal producers as a means to help state-owned electricity company PLN maintain current electricity rates.
Energy and Mineral Resources Minister Ignasius Jonan said revoking the government policy on the coal DMO would require a lot of effort, as it was stipulated in law, while the price cap was stated in a government regulation (PP).
"The President decided to leave [DMO rule] as it is. There is no new PP and we have same price mechanism. DMO is a mandate of Law No. 4/2009 and the $70 price cap is regulated by a PP," he said at Bogor Palace in West Java.
Prevailing regulations require coal producing companies to allocate 25 percent of their production to fuel power plants for supplying electricity to PLN at a price cap of $70 per ton of coal.
PLN president director Sofyan Basir said that the company needed around 92 million tons of coal per year, around 20 percent of national coal output.
"The market price of coal is now $120 per ton, while the price in the state budget is set at $68 to $70 per ton. If the DMO is revoked, the [resulting] subsidy would be enormous, perhaps up to Rp 30 trillion [US$2.08 billion]," he said.
Last week, Coordinating Maritime Affairs Minister Luhut Binsar Pandjaitan said the government would revoke the DMO policy for coal in response to the increasing coal price. (bbn)
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Tuesday, 01 May 18
GLOBAL MINER PEABODY EYES SALES OPPORTUNITY IN INDIA’S RISING COAL IMPORTS - BUSINESS STANDARD
Indian imports of coal will continue to rise, reckons the world’s largest private sector coal miner Peabody Energy. Glenn Kellow, president a ...
Saturday, 28 April 18
STRONG ASIAN DEMAND CONTINUES TO HOLD UP THERMAL COAL MARKETS - REUTERS
Asian thermal coal demand is defying its typical seasonal slowdown as well as the expanding use of renewables and natural gas, with prices holding ...
Friday, 27 April 18
PEABODY ENERGY'S REVENUES FOR THE FIRST QUARTER ROSE 10 PERCENT OVER THE PRIOR YEAR TO $1.46 BILLION
Peabody Energy's revenues for the first quarter rose 10 percent over the prior year to $1.46 billion driven by improved seaborne coal pricing a ...
Thursday, 26 April 18
BALTIC EXCHANGE LAUNCHES ESCROW SERVICE FOR VESSEL SALES
The Baltic Exchange will be launching an Escrow Service for its members to hold deposits for ship sale transactions. The move will allow Baltic Exc ...
Thursday, 26 April 18
COAL PRICES ARE EXPECTED TO AVERAGE $85/MT IN 2018, DOWN SLIGHTLY FROM 2017 - WORLD BANK
Coal prices rose 4 percent in the first quarter (q/q), following a surge of 34 percent in 2017, mainly due to strong consumption in China spurred b ...
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Showing 1731 to 1735 news of total 6871 |
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- Attock Cement Pakistan Limited
- Port Waratah Coal Services - Australia
- Jindal Steel & Power Ltd - India
- Eastern Coal Council - USA
- Lanco Infratech Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Binh Thuan Hamico - Vietnam
- Goldman Sachs - Singapore
- Semirara Mining Corp, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Star Paper Mills Limited - India
- Uttam Galva Steels Limited - India
- Ministry of Transport, Egypt
- Central Electricity Authority - India
- Deloitte Consulting - India
- GMR Energy Limited - India
- Ind-Barath Power Infra Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Africa Commodities Group - South Africa
- Oldendorff Carriers - Singapore
- ASAPP Information Group - India
- Electricity Authority, New Zealand
- Sojitz Corporation - Japan
- Essar Steel Hazira Ltd - India
- Wood Mackenzie - Singapore
- Global Coal Blending Company Limited - Australia
- European Bulk Services B.V. - Netherlands
- Chamber of Mines of South Africa
- Madhucon Powers Ltd - India
- Metalloyd Limited - United Kingdom
- Carbofer General Trading SA - India
- Salva Resources Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Savvy Resources Ltd - HongKong
- Ambuja Cements Ltd - India
- Ministry of Finance - Indonesia
- Indika Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Manunggal Multi Energi - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Leighton Contractors Pty Ltd - Australia
- Formosa Plastics Group - Taiwan
- LBH Netherlands Bv - Netherlands
- International Coal Ventures Pvt Ltd - India
- Indonesian Coal Mining Association
- Price Waterhouse Coopers - Russia
- Interocean Group of Companies - India
- Indian Energy Exchange, India
- Orica Mining Services - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Billiton Holdings Pty Ltd - Australia
- Chettinad Cement Corporation Ltd - India
- Central Java Power - Indonesia
- CIMB Investment Bank - Malaysia
- Orica Australia Pty. Ltd.
- Aboitiz Power Corporation - Philippines
- Larsen & Toubro Limited - India
- Xindia Steels Limited - India
- Tamil Nadu electricity Board
- Petrochimia International Co. Ltd.- Taiwan
- Aditya Birla Group - India
- GAC Shipping (India) Pvt Ltd
- Gujarat Mineral Development Corp Ltd - India
- Kapuas Tunggal Persada - Indonesia
- IEA Clean Coal Centre - UK
- PNOC Exploration Corporation - Philippines
- Sical Logistics Limited - India
- Independent Power Producers Association of India
- Australian Coal Association
- Sinarmas Energy and Mining - Indonesia
- Globalindo Alam Lestari - Indonesia
- Sindya Power Generating Company Private Ltd
- San Jose City I Power Corp, Philippines
- Antam Resourcindo - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bukit Makmur.PT - Indonesia
- Romanian Commodities Exchange
- New Zealand Coal & Carbon
- Gujarat Electricity Regulatory Commission - India
- Mercator Lines Limited - India
- Iligan Light & Power Inc, Philippines
- Bhatia International Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- London Commodity Brokers - England
- MS Steel International - UAE
- ICICI Bank Limited - India
- Kumho Petrochemical, South Korea
- Sree Jayajothi Cements Limited - India
- CNBM International Corporation - China
- Borneo Indobara - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Holcim Trading Pte Ltd - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Marubeni Corporation - India
- Kideco Jaya Agung - Indonesia
- Rio Tinto Coal - Australia
- Merrill Lynch Commodities Europe
- Mintek Dendrill Indonesia
- Krishnapatnam Port Company Ltd. - India
- Global Business Power Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Global Green Power PLC Corporation, Philippines
- The University of Queensland
- Dalmia Cement Bharat India
- Therma Luzon, Inc, Philippines
- Latin American Coal - Colombia
- Sakthi Sugars Limited - India
- McConnell Dowell - Australia
- Mercuria Energy - Indonesia
- Ministry of Mines - Canada
- OPG Power Generation Pvt Ltd - India
- Eastern Energy - Thailand
- SMC Global Power, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Samtan Co., Ltd - South Korea
- Kalimantan Lumbung Energi - Indonesia
- Ceylon Electricity Board - Sri Lanka
- GVK Power & Infra Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Electricity Generating Authority of Thailand
- Karbindo Abesyapradhi - Indoneisa
- Edison Trading Spa - Italy
- Kohat Cement Company Ltd. - Pakistan
- SMG Consultants - Indonesia
- Pendopo Energi Batubara - Indonesia
- Kaltim Prima Coal - Indonesia
- Indian Oil Corporation Limited
- Cigading International Bulk Terminal - Indonesia
- Coastal Gujarat Power Limited - India
- Planning Commission, India
- Petron Corporation, Philippines
- Meralco Power Generation, Philippines
- Indogreen Group - Indonesia
- Jaiprakash Power Ventures ltd
- Malabar Cements Ltd - India
- Straits Asia Resources Limited - Singapore
- Videocon Industries ltd - India
- Kartika Selabumi Mining - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Thai Mozambique Logistica
- Karaikal Port Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Intertek Mineral Services - Indonesia
- Agrawal Coal Company - India
- Cement Manufacturers Association - India
- Kobexindo Tractors - Indoneisa
- Parry Sugars Refinery, India
- Gujarat Sidhee Cement - India
- Coal and Oil Company - UAE
- Miang Besar Coal Terminal - Indonesia
- Medco Energi Mining Internasional
- Economic Council, Georgia
- Vedanta Resources Plc - India
- Altura Mining Limited, Indonesia
- Power Finance Corporation Ltd., India
- Bukit Baiduri Energy - Indonesia
- The Treasury - Australian Government
- Bhoruka Overseas - Indonesia
- Parliament of New Zealand
- Coalindo Energy - Indonesia
- Anglo American - United Kingdom
- Timah Investasi Mineral - Indoneisa
- Banpu Public Company Limited - Thailand
- Mjunction Services Limited - India
- Vizag Seaport Private Limited - India
- Wilmar Investment Holdings
- Renaissance Capital - South Africa
- Heidelberg Cement - Germany
- Australian Commodity Traders Exchange
- India Bulls Power Limited - India
- Directorate Of Revenue Intelligence - India
- Siam City Cement - Thailand
- Baramulti Group, Indonesia
- IHS Mccloskey Coal Group - USA
- Siam City Cement PLC, Thailand
- Makarim & Taira - Indonesia
- Kepco SPC Power Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Standard Chartered Bank - UAE
- Barasentosa Lestari - Indonesia
- Simpson Spence & Young - Indonesia
- Maheswari Brothers Coal Limited - India
- Georgia Ports Authority, United States
- Grasim Industreis Ltd - India
- Bulk Trading Sa - Switzerland
- Bhushan Steel Limited - India
- Thiess Contractors Indonesia
- Minerals Council of Australia
- SN Aboitiz Power Inc, Philippines
- TeaM Sual Corporation - Philippines
- Sarangani Energy Corporation, Philippines
- Energy Development Corp, Philippines
- White Energy Company Limited
- VISA Power Limited - India
- The State Trading Corporation of India Ltd
- Singapore Mercantile Exchange
- Alfred C Toepfer International GmbH - Germany
- Bayan Resources Tbk. - Indonesia
- Posco Energy - South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bharathi Cement Corporation - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Toyota Tsusho Corporation, Japan
- Bangladesh Power Developement Board
- Tata Chemicals Ltd - India
- Trasteel International SA, Italy
- PowerSource Philippines DevCo
- Commonwealth Bank - Australia
- AsiaOL BioFuels Corp., Philippines
- Neyveli Lignite Corporation Ltd, - India
- PTC India Limited - India
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