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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$2.08 billion]," he said.
Last week, Coordinating Maritime Affairs Minister Luhut Binsar Pandjaitan said the government would revoke the DMO policy for coal in response to the increasing coal price. (bbn)
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Friday, 09 March 18
U.S. EXPORTED 97 MMST OF COAL IN 2017, A 61 PER CENT INCREASE FROM 2016 - EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 15.1 million short tons ...
Thursday, 08 March 18
BUMA SIGNED OVER US$ 500 MILLION WORTH OF NEW CONTRACT WITH PT TANAH BUMBU RESOURCES
PT Delta Dunia Makmur Tbk., announced that its subsidiary, PT Bukit Makmur Mandiri Utama ("BUMA"), has entered into mining services ...
Thursday, 08 March 18
THE ENERGY CONTRIBUTION FROM COAL-BASED POWER PLANTS IS LIKELY TO INCREASE TO 1072 BU BY 2021-22 : PIB
Government of India has set an ambitious target of 175 GW from Renewable energy sources (RES) by 2022, which comprises of 100 GW Solar, 60GW from W ...
Thursday, 08 March 18
SUPRAMAX: THE MARKET IS STILL GOING STRONG IN THE PACIFIC - FEARNLEYS
Supramax
The market is still going strong in the Pacific, with Ultra fixing high US$ 13000+375000 bb for South Africa to ECI while nickel ore run ...
Thursday, 08 March 18
AVERAGE U.S. COAL MINING PRODUCTIVITY INCREASES AS PRODUCTION FALLS - EIA
Coal mining productivity in the United States increased 26% over the past five years, reaching 6.8 tons per miner hour in 2017, up from 5.4 tons pe ...
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- Kapuas Tunggal Persada - Indonesia
- Straits Asia Resources Limited - Singapore
- TeaM Sual Corporation - Philippines
- The State Trading Corporation of India Ltd
- Uttam Galva Steels Limited - India
- Riau Bara Harum - Indonesia
- Thiess Contractors Indonesia
- Miang Besar Coal Terminal - Indonesia
- Coal and Oil Company - UAE
- Parliament of New Zealand
- Directorate General of MIneral and Coal - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Merrill Lynch Commodities Europe
- Global Coal Blending Company Limited - Australia
- Goldman Sachs - Singapore
- Sindya Power Generating Company Private Ltd
- Coastal Gujarat Power Limited - India
- CNBM International Corporation - China
- Semirara Mining Corp, Philippines
- Bayan Resources Tbk. - Indonesia
- Maheswari Brothers Coal Limited - India
- Siam City Cement PLC, Thailand
- Billiton Holdings Pty Ltd - Australia
- IEA Clean Coal Centre - UK
- Wood Mackenzie - Singapore
- Timah Investasi Mineral - Indoneisa
- PowerSource Philippines DevCo
- Bukit Baiduri Energy - Indonesia
- Energy Development Corp, Philippines
- India Bulls Power Limited - India
- Renaissance Capital - South Africa
- Agrawal Coal Company - India
- Kobexindo Tractors - Indoneisa
- San Jose City I Power Corp, Philippines
- Wilmar Investment Holdings
- Eastern Energy - Thailand
- Sojitz Corporation - Japan
- Barasentosa Lestari - Indonesia
- GMR Energy Limited - India
- Larsen & Toubro Limited - India
- GAC Shipping (India) Pvt Ltd
- Indonesian Coal Mining Association
- Medco Energi Mining Internasional
- London Commodity Brokers - England
- Aboitiz Power Corporation - Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Commonwealth Bank - Australia
- Indogreen Group - Indonesia
- Manunggal Multi Energi - Indonesia
- OPG Power Generation Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Banpu Public Company Limited - Thailand
- Aditya Birla Group - India
- MS Steel International - UAE
- Indian Oil Corporation Limited
- Karbindo Abesyapradhi - Indoneisa
- VISA Power Limited - India
- Electricity Authority, New Zealand
- Leighton Contractors Pty Ltd - Australia
- Simpson Spence & Young - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Karaikal Port Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bharathi Cement Corporation - India
- Edison Trading Spa - Italy
- Alfred C Toepfer International GmbH - Germany
- GVK Power & Infra Limited - India
- Samtan Co., Ltd - South Korea
- Power Finance Corporation Ltd., India
- Maharashtra Electricity Regulatory Commission - India
- Pipit Mutiara Jaya. PT, Indonesia
- Orica Australia Pty. Ltd.
- Ministry of Transport, Egypt
- Vizag Seaport Private Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Borneo Indobara - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ambuja Cements Ltd - India
- Ind-Barath Power Infra Limited - India
- Holcim Trading Pte Ltd - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Latin American Coal - Colombia
- Semirara Mining and Power Corporation, Philippines
- Anglo American - United Kingdom
- Economic Council, Georgia
- LBH Netherlands Bv - Netherlands
- Thai Mozambique Logistica
- Jorong Barutama Greston.PT - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Central Electricity Authority - India
- Kartika Selabumi Mining - Indonesia
- European Bulk Services B.V. - Netherlands
- New Zealand Coal & Carbon
- Standard Chartered Bank - UAE
- Minerals Council of Australia
- PTC India Limited - India
- Orica Mining Services - Indonesia
- ICICI Bank Limited - India
- Sakthi Sugars Limited - India
- Mercuria Energy - Indonesia
- Salva Resources Pvt Ltd - India
- Parry Sugars Refinery, India
- Star Paper Mills Limited - India
- SMC Global Power, Philippines
- Bhushan Steel Limited - India
- Trasteel International SA, Italy
- CIMB Investment Bank - Malaysia
- Formosa Plastics Group - Taiwan
- Sarangani Energy Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Ministry of Mines - Canada
- Independent Power Producers Association of India
- Lanco Infratech Ltd - India
- The Treasury - Australian Government
- Xindia Steels Limited - India
- Bhoruka Overseas - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- McConnell Dowell - Australia
- Iligan Light & Power Inc, Philippines
- Bangladesh Power Developement Board
- Singapore Mercantile Exchange
- Madhucon Powers Ltd - India
- Chamber of Mines of South Africa
- Directorate Of Revenue Intelligence - India
- Ministry of Finance - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Deloitte Consulting - India
- Savvy Resources Ltd - HongKong
- Planning Commission, India
- SN Aboitiz Power Inc, Philippines
- Mjunction Services Limited - India
- Chettinad Cement Corporation Ltd - India
- Tamil Nadu electricity Board
- Kaltim Prima Coal - Indonesia
- Videocon Industries ltd - India
- Sinarmas Energy and Mining - Indonesia
- Central Java Power - Indonesia
- Sree Jayajothi Cements Limited - India
- Bukit Makmur.PT - Indonesia
- Petron Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Carbofer General Trading SA - India
- Port Waratah Coal Services - Australia
- Australian Commodity Traders Exchange
- Bhatia International Limited - India
- Price Waterhouse Coopers - Russia
- Indo Tambangraya Megah - Indonesia
- Binh Thuan Hamico - Vietnam
- Jaiprakash Power Ventures ltd
- Georgia Ports Authority, United States
- Electricity Generating Authority of Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Electricity Regulatory Commission - India
- Toyota Tsusho Corporation, Japan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indika Energy - Indonesia
- Baramulti Group, Indonesia
- Interocean Group of Companies - India
- Posco Energy - South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Antam Resourcindo - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Africa Commodities Group - South Africa
- The University of Queensland
- Rio Tinto Coal - Australia
- South Luzon Thermal Energy Corporation
- Jindal Steel & Power Ltd - India
- SMG Consultants - Indonesia
- Malabar Cements Ltd - India
- Altura Mining Limited, Indonesia
- Eastern Coal Council - USA
- Sical Logistics Limited - India
- IHS Mccloskey Coal Group - USA
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Mintek Dendrill Indonesia
- Pendopo Energi Batubara - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Global Business Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- Coalindo Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Neyveli Lignite Corporation Ltd, - India
- Globalindo Alam Lestari - Indonesia
- Attock Cement Pakistan Limited
- White Energy Company Limited
- Rashtriya Ispat Nigam Limited - India
- Indian Energy Exchange, India
- Oldendorff Carriers - Singapore
- Intertek Mineral Services - Indonesia
- Australian Coal Association
- Tata Chemicals Ltd - India
- Therma Luzon, Inc, Philippines
- Energy Link Ltd, New Zealand
- Vedanta Resources Plc - India
- Meenaskhi Energy Private Limited - India
- Siam City Cement - Thailand
- Gujarat Sidhee Cement - India
- Grasim Industreis Ltd - India
- International Coal Ventures Pvt Ltd - India
- Marubeni Corporation - India
- Krishnapatnam Port Company Ltd. - India
- Dalmia Cement Bharat India
- Cement Manufacturers Association - India
- Heidelberg Cement - Germany
- Mercator Lines Limited - India
- Romanian Commodities Exchange
- Kalimantan Lumbung Energi - Indonesia
- Bulk Trading Sa - Switzerland
- Meralco Power Generation, Philippines
- Makarim & Taira - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- ASAPP Information Group - India
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