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, 12 October 09
INDONESIA TO CUT ROYALTIES TO BOOST LOW QUALITY COAL
Reuters reported that, Indonesia, the world's biggest exporter of thermal coal, plans to cut royalties paid by producers holding certain contracts ...


Monday, 12 October 09
SAMPUR COAL POWER PLANT AGREEMENT
Sunday Observer reported that, The construction work of the Sri Lanka-India joint venture coal power plant which costs US dollars 500 million will c ...


Saturday, 10 October 09
SHORT PERIOD RATES FOR SUPRAMAX WAS AROUND US$ 17,000 PER DAY FOR VESSELS OPENING FAR EAST / SE ASIA - CAPT. REDDY
COALspot.com (Singapore): The BDI again firmed up this week by almost 14 pct to 2,695 points. The cape size index moved up quite sharply by 25 pct t ...


Saturday, 10 October 09
COAL PRICES TIPPED TO SURGE BY 40% AS GLOBAL DEMAND RECOVERS NEXT YEAR
Power-station coal prices may climb by more than 40 percent in 2010 from current levels as a global economic recovery boosts demand from power plant ...


Saturday, 10 October 09
PT BUMI RESOURCES TO EXPECT 2010 ELECTRIC AND COAL PRICE UP TO US$ 100/T
Indonesia coal producer, PT Bumi Resources recently stated that the revival of the global economy pushes up the demand from power plants and steel m ...


   1269 1270 1271 1272 1273   
Showing 6351 to 6355 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 ...

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