COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Wednesday, 14 October 09
INDONESIA POWER FIRM SIGNS LOAN AGREEMENTS FOR OVER $1 BLN


Reuters reported that, Indonesia's state electricity firm PT Perusahaan Listrik Negara (PLN) has raised more than $1 billion from a group of banks as part of the financing for its fast track power projects, a PLN official said on Wednesday.

PLN previously said it needed to raise a total of $8 billion to finance the first phase of the government's crash programme, which will add 10,000 megawatts with the construction of several coal-fired power plants. So far, it has raised over $6 billion, with most of the funding from Chinese banks.

On Wednesday, PLN signed two loan agreements with China Development Bank, a $625 million loan for a 660-MW coal-fired power plant in Central Java and a $138 million loan for a 224-MW plant in West Sumatra.

PLN also signed an agreement for a $329 million loan with a consortium of domestic banks, including from BRI, Bank Mandiri and BNI

"PLN still needs about $400 more in foreign exchange and about 2 trillion rupiah ($213.6 million) to finance the rest of the 10,000 MW projects," PLN's president director, Fahmi Mochtar, told reporters. He declined to give details of the loan terms.

President Susilo Bambang Yudhoyono, who won a second, five-year term in July, has pushed the crash programme to resolve power shortages. The government also plans to build a second phase of 10,000 MW power plants, using coal and renewable energy such as geothermal.

Mochtar said some of the first phase of the coal-fired power plants, especially in Java island, will be in operation by the end of this year.

These include Rembang power plant in Central Java, with two units of 315 MW capacity, Labuan plant in Banten province, western Java, with two units of 300 MW capacity, and Indramayu in West Java province, with three units of 350 MW capacity.

Originally, phase one was due to be completed next year, but because of difficulties in obtaining funds, completion has been postponed to 2011.

PLN has 25,000 MW of generating capacity but daily output is far less because most of its plants are old and inefficient. Industry officials forecast Indonesia's power demand will grow around 10 percent a year.
Source: Reuters



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Monday, 19 October 09
CEMENT UNLIKELY TO COST MORE DESPITE COAL PRICE HIKE
Business-Standard reported that, Cement manufacturers will not immediately hike prices of the construction material, despite a surge in their input ...


Saturday, 17 October 09
US COAL MINERS LOOKING AT LOWER PROFITS
Most US coal miners are looking at sharply lower third-quarter earnings, but those that produce coal for steelmaking and export should enjoy higher ...


Friday, 16 October 09
INDONESIA EXPORTED 19,194,857 MT OF COAL IN SEPTEMBER 2009 - SOURCES
COALspot.com (Indonesia): Indonesia exported 19,194,857 MT of coal in September 2009. Out of total exported quantity, South Korea imported abou ...


Friday, 16 October 09
NAVIGATING THROUGH STORMY WATERS
To Theodore E Veniamis, the President of the Union of Greek Shipowners, the current turmoil in world shipping is due to the cyclical nature of marit ...


Friday, 16 October 09
COAL INDIA RAISES PRICE BY 11%
Trak reported that, State-owned Coal India Ltd (CIL) has raised the price of coal produced by its subsidiaries by an average of 11 percent effective ...


   1265 1266 1267 1268 1269   
Showing 6331 to 6335 news of total 6871
News by Category
Popular News
 
Total Members : 28,634
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Barasentosa Lestari - Indonesia
  • Simpson Spence & Young - Indonesia
  • Therma Luzon, Inc, Philippines
  • Eastern Energy - Thailand
  • Standard Chartered Bank - UAE
  • TNPL - India
  • Planning Commission, India
  • Essar Steel Hazira Ltd - India
  • Bahari Cakrawala Sebuku - Indonesia
  • Ince & co LLP
  • Adani Power Ltd - India
  • Cemex - Philippines
  • APGENCO India
  • Platts
  • Cigading International Bulk Terminal - Indonesia
  • Cosco
  • Rudhra Energy - India
  • RBS Sempra - UK
  • Siam City Cement PLC, Thailand
  • J M Baxi & Co - India
  • Meralco Power Generation, Philippines
  • Australian Coal Association
  • Sinarmas Energy and Mining - Indonesia
  • Platou - Singapore
  • Global Green Power PLC Corporation, Philippines
  • Coal India Limited
  • Mechel - Russia
  • Thailand Anthracite
  • Permata Bank - Indonesia
  • The State Trading Corporation of India Ltd
  • VISA Power Limited - India
  • Mjunction Services Limited - India
  • Coastal Gujarat Power Limited - India
  • Britmindo - Indonesia
  • Gujarat Mineral Development Corp Ltd - India
  • Credit Suisse - India
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • White Energy Company Limited
  • U S Energy Resources
  • Shree Cement - India
  • Coeclerici Indonesia
  • Central Java Power - Indonesia
  • Salva Resources Pvt Ltd - India
  • Miang Besar Coal Terminal - Indonesia
  • Coal Orbis AG
  • Sucofindo - Indonesia
  • Semirara Mining and Power Corporation, Philippines
  • PowerSource Philippines DevCo
  • Global Coal Blending Company Limited - Australia
  • Tata Chemicals Ltd - India
  • Neyveli Lignite Corporation Ltd, - India
  • TANGEDCO India
  • ETA - Dubai
  • Samtan Co., Ltd - South Korea
  • KOWEPO - South Korea
  • IEA Clean Coal Centre - UK
  • Maheswari Brothers Coal Limited - India
  • Pinang Coal Indonesia
  • Inco-Indonesia
  • Kohat Cement Company Ltd. - Pakistan
  • Gujarat Electricity Regulatory Commission - India
  • Semirara Mining Corp, Philippines
  • Adaro Indonesia
  • Karaikal Port Pvt Ltd - India
  • Glencore India Pvt. Ltd
  • Indogreen Group - Indonesia
  • Kideco Jaya Agung - Indonesia
  • KPMG - USA
  • Panama Canal Authority
  • Rashtriya Ispat Nigam Limited - India
  • South Luzon Thermal Energy Corporation
  • Tanito Harum - Indonesia
  • Bank of China, Malaysia
  • Deloitte Consulting - India
  • Vijayanagar Sugar Pvt Ltd - India
  • Minerals Council of Australia
  • Holcim Trading Pte Ltd - Singapore
  • European Bulk Services B.V. - Netherlands
  • Australian Commodity Traders Exchange
  • KEPCO - South Korea
  • GMR Energy Limited - India
  • Directorate General of MIneral and Coal - Indonesia
  • The India Cements Ltd
  • globalCOAL - UK
  • Parliament of New Zealand
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Total Coal South Africa
  • Parry Sugars Refinery, India
  • Infraline Energy - India
  • World Coal - UK
  • HSBC - Hong Kong
  • Thai Mozambique Logistica
  • Pendopo Energi Batubara - Indonesia
  • Lafarge - France
  • Carbofer General Trading SA - India
  • Rio Tinto Coal - Australia
  • Bhatia International Limited - India
  • Wood Mackenzie - Singapore
  • Jorong Barutama Greston.PT - Indonesia
  • WorleyParsons
  • Bangkok Bank PCL
  • CIMB Investment Bank - Malaysia
  • Vizag Seaport Private Limited - India
  • Samsung - South Korea
  • Indian Oil Corporation Limited
  • UBS Singapore
  • London Commodity Brokers - England
  • Japan Coal Energy Center
  • Oldendorff Carriers - Singapore
  • San Jose City I Power Corp, Philippines
  • SN Aboitiz Power Inc, Philippines
  • Bhoruka Overseas - Indonesia
  • ASAPP Information Group - India
  • Ministry of Finance - Indonesia
  • Africa Commodities Group - South Africa
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • New Zealand Coal & Carbon
  • KPCL - India
  • Chettinad Cement Corporation Ltd - India
  • Alfred C Toepfer International GmbH - Germany
  • Maruti Cements - India
  • OPG Power Generation Pvt Ltd - India
  • Agrawal Coal Company - India
  • Bulk Trading Sa - Switzerland
  • Freeport Indonesia
  • McConnell Dowell - Australia
  • Indonesian Coal Mining Association
  • JPower - Japan
  • Ministry of Mines - Canada
  • Jindal Steel & Power Ltd - India
  • Clarksons - UK
  • Cargill India Pvt Ltd
  • Independent Power Producers Association of India
  • Commonwealth Bank - Australia
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Leighton Contractors Pty Ltd - Australia
  • Fearnleys - India
  • Mitra SK Pvt Ltd - India
  • Economic Council, Georgia
  • Attock Cement Pakistan Limited
  • Dalmia Cement Bharat India
  • Trasteel International SA, Italy
  • Pipit Mutiara Jaya. PT, Indonesia
  • Banpu Public Company Limited - Thailand
  • CoalTek, United States
  • Karbindo Abesyapradhi - Indoneisa
  • Maersk Broker
  • Qatrana Cement - Jordan
  • Goldman Sachs - Singapore
  • India Bulls Power Limited - India
  • Kaltim Prima Coal - Indonesia
  • Mercuria Energy - Indonesia
  • Asia Cement - Taiwan
  • Coaltrans Conferences
  • Indika Energy - Indonesia
  • GHCL Limited - India
  • Intertek Mineral Services - Indonesia
  • EMO - The Netherlands
  • Runge Indonesia
  • Ministry of Transport, Egypt
  • Ind-Barath Power Infra Limited - India
  • Anglo American - United Kingdom
  • Jaiprakash Power Ventures ltd
  • Xstrata Coal
  • DBS Bank - Singapore
  • NTPC Limited - India
  • Bukit Baiduri Energy - Indonesia
  • Ceylon Electricity Board - Sri Lanka
  • Directorate Of Revenue Intelligence - India
  • Metalloyd Limited - United Kingdom
  • Binh Thuan Hamico - Vietnam
  • Kapuas Tunggal Persada - Indonesia
  • Lanco Infratech Ltd - India
  • Xindia Steels Limited - India
  • Core Mineral Indonesia
  • Iligan Light & Power Inc, Philippines
  • Arutmin Indonesia
  • Latin American Coal - Colombia
  • Bukit Makmur.PT - Indonesia
  • Indian Energy Exchange, India
  • Geoservices-GeoAssay Lab
  • Maharashtra Electricity Regulatory Commission - India
  • Toyota Tsusho Corporation, Japan
  • Uttam Galva Steels Limited - India
  • NALCO India
  • IBC Asia (S) Pte Ltd
  • Sakthi Sugars Limited - India
  • Gupta Coal India Ltd
  • Malabar Cements Ltd - India
  • Interocean Group of Companies - India
  • CESC Limited - India
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Kartika Selabumi Mining - Indonesia
  • bp singapore
  • EIA - United States
  • Kobexindo Tractors - Indoneisa
  • Coal and Oil Company - UAE
  • Gujarat Sidhee Cement - India
  • McKinsey & Co - India
  • Mitsubishi Corporation
  • Asmin Koalindo Tuhup - Indonesia
  • Reliance Power - India
  • GB Group - China
  • Thiess Contractors Indonesia
  • Energy Development Corp, Philippines
  • Edison Trading Spa - Italy
  • Orica Mining Services - Indonesia
  • BNP Paribas - Singapore
  • TNB Fuel Sdn Bhd - Malaysia
  • Medco Energi Mining Internasional
  • Makarim & Taira - Indonesia
  • Indonesia Power. PT
  • Marubeni Corporation - India
  • Maybank - Singapore
  • Aboitiz Power Corporation - Philippines
  • The Treasury - Australian Government
  • Romanian Commodities Exchange
  • JPMorgan - India
  • UOB Asia (HK) Ltd
  • Tamil Nadu electricity Board
  • ACC Limited - India
  • Cebu Energy, Philippines
  • Humpuss - Indonesia
  • GN Power Mariveles Coal Plant, Philippines
  • Straits Asia Resources Limited - Singapore
  • Indo Tambangraya Megah - Indonesia
  • Port Waratah Coal Services - Australia
  • Bangladesh Power Developement Board
  • Timah Investasi Mineral - Indoneisa
  • Larsen & Toubro Limited - India
  • Electricity Generating Authority of Thailand
  • BRS Brokers - Singapore
  • PTC India Limited - India
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • ICICI Bank Limited - India
  • Kobe Steel Ltd - Japan
  • SRK Consulting
  • Grasim Industreis Ltd - India
  • CCIC - Indonesia
  • Cardiff University - UK
  • IMC Shipping - Singapore
  • Sical Logistics Limited - India
  • Billiton Holdings Pty Ltd - Australia
  • IOL Indonesia
  • The University of Queensland
  • Merrill Lynch Commodities Europe
  • Deutsche Bank - India
  • Kumho Petrochemical, South Korea
  • Electricity Authority, New Zealand
  • Bukit Asam (Persero) Tbk - Indonesia
  • Energy Link Ltd, New Zealand
  • Heidelberg Cement - Germany
  • ANZ Bank - Australia
  • Bhushan Steel Limited - India
  • Sree Jayajothi Cements Limited - India
  • SUEK AG - Indonesia
  • MEC Coal - Indonesia
  • Georgia Ports Authority, United States
  • Merrill Lynch Bank
  • Global Business Power Corporation, Philippines
  • Videocon Industries ltd - India
  • Star Paper Mills Limited - India
  • Bharathi Cement Corporation - India
  • Arch Coal - USA
  • Posco Energy - South Korea
  • Asian Development Bank
  • Ambuja Cements Ltd - India
  • Coalindo Energy - Indonesia
  • Mintek Dendrill Indonesia
  • OCBC - Singapore
  • TGV SRAAC LIMITED, India
  • Bayan Resources Tbk. - Indonesia
  • Power Finance Corporation Ltd., India
  • AsiaOL BioFuels Corp., Philippines
  • Kepco SPC Power Corporation, Philippines
  • Sojitz Corporation - Japan
  • Aditya Birla Group - India
  • Bank of America
  • Orica Australia Pty. Ltd.
  • Altura Mining Limited, Indonesia
  • Indian School of Mines
  • Manunggal Multi Energi - Indonesia
  • PLN - Indonesia
  • Globalindo Alam Lestari - Indonesia
  • Berau Coal - Indonesia
  • Idemitsu - Japan
  • Riau Bara Harum - Indonesia
  • PLN Batubara - Indonesia
  • Inspectorate - India
  • Central Electricity Authority - India
  • PNOC Exploration Corporation - Philippines
  • Sarangani Energy Corporation, Philippines
  • Russian Coal LLC
  • Singapore Mercantile Exchange
  • Siam City Cement - Thailand
  • Eastern Coal Council - USA
  • Madhucon Powers Ltd - India
  • SMC Global Power, Philippines
  • Argus Media - Singapore
  • Antam Resourcindo - Indonesia
  • GNFC Limited - India
  • Petron Corporation, Philippines
  • Vale Mozambique
  • Petrochimia International Co. Ltd.- Taiwan
  • Baramulti Group, Indonesia
  • Thermax Limited - India
  • Mercator Lines Limited - India
  • Vedanta Resources Plc - India
  • Enel Italy
  • Mitsui
  • Thriveni
  • International Coal Ventures Pvt Ltd - India
  • World Bank
  • LBH Netherlands Bv - Netherlands
  • Malco - India
  • Jatenergy - Australia
  • Peabody Energy - USA
  • SASOL - South Africa
  • Noble Europe Ltd - UK
  • Sindya Power Generating Company Private Ltd
  • Borneo Indobara - Indonesia
  • PetroVietnam Power Coal Import and Supply Company
  • Kalimantan Lumbung Energi - Indonesia
  • Renaissance Capital - South Africa
  • Vitol - Bahrain
  • Cement Manufacturers Association - India
  • Chamber of Mines of South Africa
  • Tata Power - India
  • GAC Shipping (India) Pvt Ltd
  • MS Steel International - UAE
  • Shenhua Group - China
  • Meenaskhi Energy Private Limited - India
  • Price Waterhouse Coopers - Russia
  • CNBM International Corporation - China
  • Petrosea - Indonesia
  • Formosa Plastics Group - Taiwan
  • ING Bank NV - Singapore
  • Moodys - Singapore
  • SMG Consultants - Indonesia
  • Thomson Reuters GRC
  • Gresik Semen - Indonesia
  • SGS (Thailand) Limited
  • Ernst & Young Pvt. Ltd.
  • GVK Power & Infra Limited - India
  • IHS Mccloskey Coal Group - USA
  • Krishnapatnam Port Company Ltd. - India
  • TeaM Sual Corporation - Philippines
  • Indorama - Singapore
  • PetroVietnam
  • Wilmar Investment Holdings
  • Surastha Cement
  • Barclays Capital - USA
  • TRAFIGURA, South Korea
  • Savvy Resources Ltd - HongKong