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Thursday, 21 November 19
INDONESIA PLANS TO KEEP $70/T COAL PRICE CAP FOR PLN, DMO - REUTERS
Indonesia’s energy minister Arifin Tasrif said his ministry plans to maintain a price cap on coal being sold to state electricity utility, PT Perusahaan Listrik Negara (PLN) next year.
The government capped the price of coal sold to PLN at $70 per tonne from early 2018 after the utility was told not to raise electricity tariffs for certain customers.
The price cap was aimed at shielding PLN from cost fluctuations.
PLN is expected to resume to adjusting its electricity prices every three months in 2020 for customers, such as industrial users.
Tasrif, who was appointed minister last month for Joko Widodo’s second presidential term, said he expects the coal price policy for PLN to remain unchanged.
“If we can maintain the price, why not,” he told reporters. “We need to maintain stability.”
When the price in Indonesian Coal Benchmark Price (HBA) drops below $70 per tonne, the domestic thermal coal price for power stations reverts to HBA.
The so-called domestic market obligation of 25% will also be kept, director general of coal and minerals Bambang Gatot Ariyono told reporters. The rules require coal miners to sell 25% of their output to domestic buyers such as PLN.
Source: Reuters
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Wednesday, 04 December 19
FITCH RATINGS: CASH FLOW GENERATION TO SLOW DOWN FOR INDONESIAN COAL MINERS
Fitch Ratings' negative outlook on the Indonesian coal-mining sector reflects our view of weaker cash flow generation on account of declining c ...
Wednesday, 04 December 19
SHIPPING MARKET INSIGHT - INTERMODAL
Dry bulk freight rates rebounded last week, a development that came as a relief following the recent negative sentiment that prevailed in the marke ...
Wednesday, 04 December 19
INDONESIA REVIEWING RULES MANDATING COAL SALES TO LOCAL BUYERS: OFFICIAL - REUTERS
Indonesia is reviewing rules that require coal miners to sell a portion of their coal to local buyers, a government official said on Monday, as sup ...
Tuesday, 03 December 19
STABILITY AND COMPATIBILITY OF VERY LOW SULPHUR FUEL OILS - GARD
In order to meet increasing restrictions on the sulphur content in marine fuel as defined by MARPOL Annex VI Regulation 14.1.3, the characteristics ...
Monday, 02 December 19
COAL PRODUCTION IN INDIA UP BY 164.58 MT IN 5 YEARS - BUSINESS LINE
Raw coal production in the country has increased from 567.77 million tons (MT) in 2013-14 to 730.35 MT in 2018-19, Union Coal and Parliamentary Aff ...
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- Jaiprakash Power Ventures ltd
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- GVK Power & Infra Limited - India
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- Salva Resources Pvt Ltd - India
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- PTC India Limited - India
- Banpu Public Company Limited - Thailand
- IEA Clean Coal Centre - UK
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- Tata Chemicals Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Larsen & Toubro Limited - India
- Chamber of Mines of South Africa
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- Kepco SPC Power Corporation, Philippines
- Eastern Energy - Thailand
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- Kapuas Tunggal Persada - Indonesia
- Madhucon Powers Ltd - India
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- Therma Luzon, Inc, Philippines
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- Global Business Power Corporation, Philippines
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- Georgia Ports Authority, United States
- SMG Consultants - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mintek Dendrill Indonesia
- Heidelberg Cement - Germany
- South Luzon Thermal Energy Corporation
- The University of Queensland
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- Xindia Steels Limited - India
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- Orica Mining Services - Indonesia
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- San Jose City I Power Corp, Philippines
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- Coastal Gujarat Power Limited - India
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- GN Power Mariveles Coal Plant, Philippines
- GAC Shipping (India) Pvt Ltd
- Economic Council, Georgia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Power Finance Corporation Ltd., India
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- Altura Mining Limited, Indonesia
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- Medco Energi Mining Internasional
- CIMB Investment Bank - Malaysia
- Indonesian Coal Mining Association
- Barasentosa Lestari - Indonesia
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- Bukit Makmur.PT - Indonesia
- Deloitte Consulting - India
- Electricity Authority, New Zealand
- Bukit Asam (Persero) Tbk - Indonesia
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- Price Waterhouse Coopers - Russia
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- Globalindo Alam Lestari - Indonesia
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- Siam City Cement PLC, Thailand
- Romanian Commodities Exchange
- Orica Australia Pty. Ltd.
- Bulk Trading Sa - Switzerland
- Sojitz Corporation - Japan
- ASAPP Information Group - India
- Lanco Infratech Ltd - India
- Essar Steel Hazira Ltd - India
- Minerals Council of Australia
- Ind-Barath Power Infra Limited - India
- Posco Energy - South Korea
- Iligan Light & Power Inc, Philippines
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- Ministry of Transport, Egypt
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- ICICI Bank Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Renaissance Capital - South Africa
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- Independent Power Producers Association of India
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- Trasteel International SA, Italy
- Uttam Galva Steels Limited - India
- European Bulk Services B.V. - Netherlands
- Bhoruka Overseas - Indonesia
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