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Thursday, 02 January 20
DMO 2020 PRICE SET FOR ELECTRICITY SECTOR - IAN WOLLFF
 On the 26th December 2019, the Minister of Energy and Mineral Resources (ESDM) issued the decree No. 261.K/30.MEM/2019 about the States needs for coal in 2020 [Domestic Market Obligation = DMO] that is effective from the 1st January 2020. It is good that the decree was issued prior to its application, and the socialization of the decree is much anticipated.
The first three stipulations simply set the DMO for coal producers at a minimum of 25% of their sales. If this commitment is not met, then the producers are “obliged to pay compensation” for the shortfall amount of DMO sales. Note that the nature of such compensation is not mentioned in this decree.
The remainder of the decree specifically addresses coal sold “for the supply of electricity for public use..” The DMO sales for the cement and other industries are not mentioned, and presumably this decrees price setting formula for the electricity industry may not apply to other DMO coal uses.
The decree sets the coal selling price to the domestic electricity market, based upon a reference coal quality, and at the Free On Board (FOB) sales point. It would appear the business entity providing electricity is now mandatory to buy coal FOB and be responsible for coal transport, and to prioritize long term contracts. Coal producers that do not meet their DMO commitments related to the domestic electric market will be subject to sanctions in the form of reducing quota for the following years approved production. There seems to be no mention on the differentiation of 25% overall DMO and the proportion to be committed to the electric industry.
The Decree’s attachment sets out the determination of the selling price for the supply of electricity for public interest. There is separate formula for when the coal reference price is equal or more than USD 70/ton FOB, and for when the coal reference price is less than USD 70/ton FOB. The formula considers variations in coal quality and provides a table of 77 Indonesian coal quality / brands. There is a third consideration in the calculation of coal sales price to the electricity supply for public interest related to Spot Sales. It would seem the formulae do not consider coking properties.
Ian Wollff
Principal Geologist. Independent Consultant
Originally Published on Linkedin on 1 January 2020
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Wednesday, 12 February 20
COAL INDIA WILL EXCEED LAST YEAR'S PRODUCTION FIGURES: OFFICIAL - PTI
Despite coal production being hampered at Dipka mines due to prolonged rains, Coal India Ltd will exceed last year’s production figures, a to ...
Wednesday, 12 February 20
MARKET INSIGHT - INTERMODAL
The recent Coronavirus outbreak in China has led to a global health emergency by World Health Organization and it is yet to be seen how long the ph ...
Wednesday, 12 February 20
CHANGES IN LNG MARKET COULD UNDERCUT PLANS FOR NEW JAPANESE COAL PLANTS - CLYDE RUSSELL
Reuters: Clyde Russell
The collapse in the spot price of liquefied natural gas (LNG) in Asia is a short-term phenomenon that may wel ...
Wednesday, 12 February 20
THE SHIPPING INDUSTRY SEES FREIGHT MARKETS IN A COMPLETE STATE OF COLLAPSE AS DEMAND GETS PARALYZED DUE TO CORONAVIRUS OUTBREAK - ALLIED
With China and the world still trying to contain the effects and come to terms with the Wuhan novel coronavirus outbreak, the shipping industry see ...
Wednesday, 12 February 20
WORLD STEEL PRODUCTION IN 2019 - BANCHERO COSTA
In a worrying development, global steel production slowed down considerably in the fourth quarter of 2019. In the final 3 months of 2019, total cru ...
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Showing 1141 to 1145 news of total 6871 |
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- Bhoruka Overseas - Indonesia
- Binh Thuan Hamico - Vietnam
- Asmin Koalindo Tuhup - Indonesia
- Oldendorff Carriers - Singapore
- Videocon Industries ltd - India
- Ministry of Transport, Egypt
- Merrill Lynch Commodities Europe
- Coalindo Energy - Indonesia
- Price Waterhouse Coopers - Russia
- Central Java Power - Indonesia
- Directorate Of Revenue Intelligence - India
- Kideco Jaya Agung - Indonesia
- SMC Global Power, Philippines
- Samtan Co., Ltd - South Korea
- Banpu Public Company Limited - Thailand
- ASAPP Information Group - India
- Wood Mackenzie - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Kepco SPC Power Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Planning Commission, India
- Rashtriya Ispat Nigam Limited - India
- Sarangani Energy Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Cigading International Bulk Terminal - Indonesia
- Indonesian Coal Mining Association
- GAC Shipping (India) Pvt Ltd
- Edison Trading Spa - Italy
- Global Coal Blending Company Limited - Australia
- Karaikal Port Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Maharashtra Electricity Regulatory Commission - India
- Attock Cement Pakistan Limited
- Mintek Dendrill Indonesia
- European Bulk Services B.V. - Netherlands
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Eastern Coal Council - USA
- White Energy Company Limited
- Central Electricity Authority - India
- Sojitz Corporation - Japan
- Bukit Asam (Persero) Tbk - Indonesia
- Anglo American - United Kingdom
- Heidelberg Cement - Germany
- Vedanta Resources Plc - India
- Makarim & Taira - Indonesia
- Bukit Baiduri Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Parry Sugars Refinery, India
- Ind-Barath Power Infra Limited - India
- Orica Australia Pty. Ltd.
- New Zealand Coal & Carbon
- Kobexindo Tractors - Indoneisa
- Formosa Plastics Group - Taiwan
- The Treasury - Australian Government
- Dalmia Cement Bharat India
- Ambuja Cements Ltd - India
- SN Aboitiz Power Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- Semirara Mining Corp, Philippines
- Chettinad Cement Corporation Ltd - India
- GVK Power & Infra Limited - India
- Riau Bara Harum - Indonesia
- Thai Mozambique Logistica
- Uttam Galva Steels Limited - India
- Indian Energy Exchange, India
- Minerals Council of Australia
- Gujarat Sidhee Cement - India
- San Jose City I Power Corp, Philippines
- Economic Council, Georgia
- Siam City Cement PLC, Thailand
- Timah Investasi Mineral - Indoneisa
- Kohat Cement Company Ltd. - Pakistan
- Salva Resources Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Indian Oil Corporation Limited
- IEA Clean Coal Centre - UK
- Global Green Power PLC Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Ministry of Mines - Canada
- ICICI Bank Limited - India
- Thiess Contractors Indonesia
- Gujarat Electricity Regulatory Commission - India
- Grasim Industreis Ltd - India
- Xindia Steels Limited - India
- Aboitiz Power Corporation - Philippines
- Therma Luzon, Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- GN Power Mariveles Coal Plant, Philippines
- Malabar Cements Ltd - India
- Bulk Trading Sa - Switzerland
- Semirara Mining and Power Corporation, Philippines
- Bharathi Cement Corporation - India
- Carbofer General Trading SA - India
- Kaltim Prima Coal - Indonesia
- Sindya Power Generating Company Private Ltd
- Coal and Oil Company - UAE
- Tamil Nadu electricity Board
- Pendopo Energi Batubara - Indonesia
- Bhatia International Limited - India
- Interocean Group of Companies - India
- London Commodity Brokers - England
- PowerSource Philippines DevCo
- Alfred C Toepfer International GmbH - Germany
- Cement Manufacturers Association - India
- Simpson Spence & Young - Indonesia
- The State Trading Corporation of India Ltd
- Toyota Tsusho Corporation, Japan
- CNBM International Corporation - China
- GMR Energy Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Maheswari Brothers Coal Limited - India
- The University of Queensland
- Eastern Energy - Thailand
- Trasteel International SA, Italy
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Miang Besar Coal Terminal - Indonesia
- Singapore Mercantile Exchange
- Pipit Mutiara Jaya. PT, Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Mercuria Energy - Indonesia
- Romanian Commodities Exchange
- Agrawal Coal Company - India
- Power Finance Corporation Ltd., India
- Goldman Sachs - Singapore
- Indika Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Indogreen Group - Indonesia
- Bukit Makmur.PT - Indonesia
- VISA Power Limited - India
- Rio Tinto Coal - Australia
- Renaissance Capital - South Africa
- Karbindo Abesyapradhi - Indoneisa
- Chamber of Mines of South Africa
- Kartika Selabumi Mining - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Posco Energy - South Korea
- Siam City Cement - Thailand
- Standard Chartered Bank - UAE
- Medco Energi Mining Internasional
- Australian Commodity Traders Exchange
- Borneo Indobara - Indonesia
- Energy Link Ltd, New Zealand
- Baramulti Group, Indonesia
- Sinarmas Energy and Mining - Indonesia
- Larsen & Toubro Limited - India
- Holcim Trading Pte Ltd - Singapore
- Bhushan Steel Limited - India
- Independent Power Producers Association of India
- Kapuas Tunggal Persada - Indonesia
- Metalloyd Limited - United Kingdom
- Iligan Light & Power Inc, Philippines
- Madhucon Powers Ltd - India
- Straits Asia Resources Limited - Singapore
- SMG Consultants - Indonesia
- Jaiprakash Power Ventures ltd
- Sree Jayajothi Cements Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Star Paper Mills Limited - India
- India Bulls Power Limited - India
- McConnell Dowell - Australia
- PTC India Limited - India
- CIMB Investment Bank - Malaysia
- Coastal Gujarat Power Limited - India
- Global Business Power Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Krishnapatnam Port Company Ltd. - India
- Electricity Authority, New Zealand
- Ministry of Finance - Indonesia
- Australian Coal Association
- Energy Development Corp, Philippines
- Petron Corporation, Philippines
- Bangladesh Power Developement Board
- Bahari Cakrawala Sebuku - Indonesia
- Port Waratah Coal Services - Australia
- Kalimantan Lumbung Energi - Indonesia
- Mjunction Services Limited - India
- South Luzon Thermal Energy Corporation
- Savvy Resources Ltd - HongKong
- AsiaOL BioFuels Corp., Philippines
- Africa Commodities Group - South Africa
- Leighton Contractors Pty Ltd - Australia
- Electricity Generating Authority of Thailand
- Vizag Seaport Private Limited - India
- Kumho Petrochemical, South Korea
- OPG Power Generation Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Parliament of New Zealand
- Aditya Birla Group - India
- Indo Tambangraya Megah - Indonesia
- Sical Logistics Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Neyveli Lignite Corporation Ltd, - India
- Directorate General of MIneral and Coal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Mercator Lines Limited - India
- Barasentosa Lestari - Indonesia
- Latin American Coal - Colombia
- Altura Mining Limited, Indonesia
- Antam Resourcindo - Indonesia
- Manunggal Multi Energi - Indonesia
- Lanco Infratech Ltd - India
- Orica Mining Services - Indonesia
- MS Steel International - UAE
- Sakthi Sugars Limited - India
- Commonwealth Bank - Australia
- Wilmar Investment Holdings
- Georgia Ports Authority, United States
- Deloitte Consulting - India
- Tata Chemicals Ltd - India
- Meralco Power Generation, Philippines
- Intertek Mineral Services - Indonesia
- Marubeni Corporation - India
- International Coal Ventures Pvt Ltd - India
- TeaM Sual Corporation - Philippines
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