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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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Wednesday, 11 April 18
CHINA UTILITIES PLAN NEW COAL IMPORT PRICE INDEX TO CURB VOLATILITY - REUTERS
China’s major utilities are preparing to launch their own coal price index for imports, an official at China Huaneng Group said, in a move th ...
Wednesday, 11 April 18
US-CHINA TARIFF THREATS RAISE GLOBAL TRADE RISKS - FITCH
Escalating tariff proposals by the U.S. and Chinese governments are increasing the risks of a full-blown trade war, says Fitch Ratings. The most li ...
Tuesday, 10 April 18
BUMA GRANTED ADDITIONAL LOAN FACILITY FROM BTMU TO SUPPORT GROWTH
Press Release: PT Delta Dunia Makmur Tbk. is pleased to announce that its subsidiary, PT Bukit Makmur Mandiri Utama ("BUMA"), signed an a ...
Monday, 09 April 18
APRIL INDONESIAN COAL PRICE REFERENCE DROPS TO LOWEST IN 2018
COALspot.com: According to latest ministerial decree, the Indonesian Coal Price Reference (HBA) decline 6.98 per cent in April 2018 compared to Mar ...
Friday, 06 April 18
TOP MINER BHP QUITS WORLD COAL ASSOCIATION OVER CLIMATE CLASH - BLOOMBERG
BHP Billiton Ltd. has severed ties with the World Coal Association over a clash of views on how to combat climate change, with the mining giant say ...
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Showing 1746 to 1750 news of total 6871 |
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- GAC Shipping (India) Pvt Ltd
- Edison Trading Spa - Italy
- Vedanta Resources Plc - India
- Kohat Cement Company Ltd. - Pakistan
- Energy Link Ltd, New Zealand
- Miang Besar Coal Terminal - Indonesia
- Central Java Power - Indonesia
- Vizag Seaport Private Limited - India
- Thai Mozambique Logistica
- Bangladesh Power Developement Board
- White Energy Company Limited
- Malabar Cements Ltd - India
- Mercator Lines Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Rio Tinto Coal - Australia
- Australian Commodity Traders Exchange
- Kobexindo Tractors - Indoneisa
- Port Waratah Coal Services - Australia
- Gujarat Mineral Development Corp Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Ministry of Finance - Indonesia
- SMG Consultants - Indonesia
- McConnell Dowell - Australia
- Electricity Generating Authority of Thailand
- Orica Mining Services - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Minerals Council of Australia
- Price Waterhouse Coopers - Russia
- Gujarat Electricity Regulatory Commission - India
- Australian Coal Association
- Vijayanagar Sugar Pvt Ltd - India
- Larsen & Toubro Limited - India
- Kalimantan Lumbung Energi - Indonesia
- India Bulls Power Limited - India
- LBH Netherlands Bv - Netherlands
- Global Business Power Corporation, Philippines
- Dalmia Cement Bharat India
- Aditya Birla Group - India
- Indian Oil Corporation Limited
- Global Coal Blending Company Limited - Australia
- Indonesian Coal Mining Association
- Riau Bara Harum - Indonesia
- Oldendorff Carriers - Singapore
- Kumho Petrochemical, South Korea
- Ambuja Cements Ltd - India
- Semirara Mining Corp, Philippines
- Georgia Ports Authority, United States
- San Jose City I Power Corp, Philippines
- CIMB Investment Bank - Malaysia
- Toyota Tsusho Corporation, Japan
- ASAPP Information Group - India
- Siam City Cement PLC, Thailand
- Maheswari Brothers Coal Limited - India
- Directorate Of Revenue Intelligence - India
- Marubeni Corporation - India
- Metalloyd Limited - United Kingdom
- Pendopo Energi Batubara - Indonesia
- SN Aboitiz Power Inc, Philippines
- Jaiprakash Power Ventures ltd
- Krishnapatnam Port Company Ltd. - India
- Star Paper Mills Limited - India
- Ind-Barath Power Infra Limited - India
- ICICI Bank Limited - India
- Kideco Jaya Agung - Indonesia
- Eastern Energy - Thailand
- Essar Steel Hazira Ltd - India
- Intertek Mineral Services - Indonesia
- Economic Council, Georgia
- Rashtriya Ispat Nigam Limited - India
- Indian Energy Exchange, India
- Holcim Trading Pte Ltd - Singapore
- Central Electricity Authority - India
- Renaissance Capital - South Africa
- The State Trading Corporation of India Ltd
- Baramulti Group, Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sindya Power Generating Company Private Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Banpu Public Company Limited - Thailand
- Madhucon Powers Ltd - India
- New Zealand Coal & Carbon
- Leighton Contractors Pty Ltd - Australia
- Agrawal Coal Company - India
- Mercuria Energy - Indonesia
- Tamil Nadu electricity Board
- GMR Energy Limited - India
- MS Steel International - UAE
- VISA Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Planning Commission, India
- European Bulk Services B.V. - Netherlands
- Semirara Mining and Power Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Pipit Mutiara Jaya. PT, Indonesia
- Uttam Galva Steels Limited - India
- Billiton Holdings Pty Ltd - Australia
- CNBM International Corporation - China
- London Commodity Brokers - England
- Directorate General of MIneral and Coal - Indonesia
- Salva Resources Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Power Finance Corporation Ltd., India
- Kartika Selabumi Mining - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Singapore Mercantile Exchange
- Sical Logistics Limited - India
- Chettinad Cement Corporation Ltd - India
- IEA Clean Coal Centre - UK
- Wood Mackenzie - Singapore
- Indo Tambangraya Megah - Indonesia
- Siam City Cement - Thailand
- Formosa Plastics Group - Taiwan
- Heidelberg Cement - Germany
- AsiaOL BioFuels Corp., Philippines
- PTC India Limited - India
- Eastern Coal Council - USA
- Timah Investasi Mineral - Indoneisa
- Romanian Commodities Exchange
- Attock Cement Pakistan Limited
- Chamber of Mines of South Africa
- Lanco Infratech Ltd - India
- Karaikal Port Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- The University of Queensland
- Grasim Industreis Ltd - India
- Cement Manufacturers Association - India
- Bukit Baiduri Energy - Indonesia
- Deloitte Consulting - India
- Straits Asia Resources Limited - Singapore
- Bhoruka Overseas - Indonesia
- Energy Development Corp, Philippines
- Africa Commodities Group - South Africa
- Interocean Group of Companies - India
- Kaltim Prima Coal - Indonesia
- Carbofer General Trading SA - India
- Ministry of Transport, Egypt
- Samtan Co., Ltd - South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sarangani Energy Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Therma Luzon, Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- Coalindo Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Globalindo Alam Lestari - Indonesia
- SMC Global Power, Philippines
- Ministry of Mines - Canada
- Videocon Industries ltd - India
- Iligan Light & Power Inc, Philippines
- Posco Energy - South Korea
- Bharathi Cement Corporation - India
- Jorong Barutama Greston.PT - Indonesia
- Manunggal Multi Energi - Indonesia
- Meralco Power Generation, Philippines
- Xindia Steels Limited - India
- Parry Sugars Refinery, India
- Wilmar Investment Holdings
- Bahari Cakrawala Sebuku - Indonesia
- Latin American Coal - Colombia
- Mintek Dendrill Indonesia
- Bhatia International Limited - India
- OPG Power Generation Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Indika Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Trasteel International SA, Italy
- Bhushan Steel Limited - India
- Meenaskhi Energy Private Limited - India
- PNOC Exploration Corporation - Philippines
- Anglo American - United Kingdom
- Sinarmas Energy and Mining - Indonesia
- Independent Power Producers Association of India
- The Treasury - Australian Government
- Parliament of New Zealand
- IHS Mccloskey Coal Group - USA
- Gujarat Sidhee Cement - India
- Commonwealth Bank - Australia
- Alfred C Toepfer International GmbH - Germany
- Binh Thuan Hamico - Vietnam
- Electricity Authority, New Zealand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Antam Resourcindo - Indonesia
- Sakthi Sugars Limited - India
- Petron Corporation, Philippines
- Merrill Lynch Commodities Europe
- South Luzon Thermal Energy Corporation
- GVK Power & Infra Limited - India
- Sojitz Corporation - Japan
- Bukit Makmur.PT - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Coastal Gujarat Power Limited - India
- Indogreen Group - Indonesia
- Mjunction Services Limited - India
- Global Green Power PLC Corporation, Philippines
- Altura Mining Limited, Indonesia
- Aboitiz Power Corporation - Philippines
- Simpson Spence & Young - Indonesia
- Sree Jayajothi Cements Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Thiess Contractors Indonesia
- Goldman Sachs - Singapore
- Cigading International Bulk Terminal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- International Coal Ventures Pvt Ltd - India
- Tata Chemicals Ltd - India
- TeaM Sual Corporation - Philippines
- Medco Energi Mining Internasional
- TNB Fuel Sdn Bhd - Malaysia
- PowerSource Philippines DevCo
- Makarim & Taira - Indonesia
- Borneo Indobara - Indonesia
- Coal and Oil Company - UAE
- Standard Chartered Bank - UAE
- Orica Australia Pty. Ltd.
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