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Wednesday, 22 November 23
OBLIGATION. INDONESIA AIMS TO START COLLECTING LEVIES FROM COAL MINERS IN JANUARY - REUTERS
Indonesia plans to start collecting levies from coal miners in January to be used to compensate miners who sell coal to the state utility at lower prices, the mining minister said on Tuesday.
The plan to set up the scheme follows a coal supply crunch at local power plants that forced the world’s largest thermal coal exporter to temporarily halt exports at the beginning of 2022.
Indonesia requires miners to sell a portion of their output to state power firm Perusahaan Listrik Negara (PLN) at a maximum price of $70 per metric ton and to certain local industries at a maximum $90 per ton.
Officials said when global prices of coal are high, some miners would not comply with the rules, causing a supply crunch.
Under the planned scheme, all coal miners will be required to pay levies and the proceeds will be used to compensate miners who supply to PLN at the capped price.
“This will create fairness and a level playing field. Everyone will share the responsibility to support the government programme relating to domestic market obligations,” Energy and Mineral Resources Minister Arifin Tasrif said at a parliamentary hearing.
He gave no estimate of how much would be collected.
The regulations and infrastructure needed for the implementation of the scheme are being finalised, he said.
“If all these can be finished soon, we can run a trial in December and the operation can start in January 1, 2024,” Arifin said.
State-controlled Bank Mandiri, Bank Negara Indonesia and Bank Rakyat Indonesia will be appointed to collect the funds, he added.
Coking coal miners will be excluded from the scheme, Arifin said, but they would still be required to meet the domestic sales obligation.
Source: Reuters
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Friday, 05 January 24
BANGLADESH’S 2023 COAL-FIRED POWER OUTPUT TRIPLED, EASING SHORTAGES - REUTERS
Bangladesh nearly tripled its coal-fired power output in 2023, a Reuters analysis of government data showed, helping it tide over the worst power s ...
Tuesday, 02 January 24
COAL TRADE CONTINUES TO HEAD EAST - BALTIC EXCHANGE
The global coal trade, once concentrated in the Pacific and Atlantic basins, is undergoing a significant transformation, as highlighted in the Inte ...
Tuesday, 02 January 24
COAL CARGOES: AVOIDING EXPLOSION AND SELF-HEATING - GARD
KNOWLEDGE TO ELEVATE
Despite its contribution to greenhouse gas emissions, global coal consumption climbed to an all-time high in 2022 and is ...
Tuesday, 02 January 24
SINOPEC FORECASTS CHINA’S COAL CONSUMPTION TO PEAK AROUND 2025 - REUTERS
China Petrochemical Corp, or Sinopec, expects coal consumption to peak around 2025 at 4.37 billion metric tons, the state energy group said in an o ...
Thursday, 07 December 23
CHINA TO SET UP COAL PRODUCTION RESERVE TO STABILISE PRICES - REUTERS
China will establish a back-up coal production system by 2027 to stabilise prices and secure coal supply, the state planner said on Wednesday, even ...
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- IHS Mccloskey Coal Group - USA
- Chamber of Mines of South Africa
- Pendopo Energi Batubara - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Electricity Authority, New Zealand
- Gujarat Sidhee Cement - India
- Videocon Industries ltd - India
- Indian Energy Exchange, India
- Central Java Power - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- London Commodity Brokers - England
- Marubeni Corporation - India
- Sindya Power Generating Company Private Ltd
- Riau Bara Harum - Indonesia
- Port Waratah Coal Services - Australia
- Thiess Contractors Indonesia
- Iligan Light & Power Inc, Philippines
- Sree Jayajothi Cements Limited - India
- Altura Mining Limited, Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Coal and Oil Company - UAE
- San Jose City I Power Corp, Philippines
- Toyota Tsusho Corporation, Japan
- Krishnapatnam Port Company Ltd. - India
- Bhatia International Limited - India
- Electricity Generating Authority of Thailand
- Billiton Holdings Pty Ltd - Australia
- Vedanta Resources Plc - India
- Kapuas Tunggal Persada - Indonesia
- Kartika Selabumi Mining - Indonesia
- Savvy Resources Ltd - HongKong
- Barasentosa Lestari - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Heidelberg Cement - Germany
- Commonwealth Bank - Australia
- Indian Oil Corporation Limited
- Samtan Co., Ltd - South Korea
- Orica Mining Services - Indonesia
- GVK Power & Infra Limited - India
- AsiaOL BioFuels Corp., Philippines
- PowerSource Philippines DevCo
- SMC Global Power, Philippines
- Singapore Mercantile Exchange
- Central Electricity Authority - India
- Petrochimia International Co. Ltd.- Taiwan
- Thai Mozambique Logistica
- Kohat Cement Company Ltd. - Pakistan
- PNOC Exploration Corporation - Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Attock Cement Pakistan Limited
- PTC India Limited - India
- Ind-Barath Power Infra Limited - India
- Therma Luzon, Inc, Philippines
- IEA Clean Coal Centre - UK
- Indo Tambangraya Megah - Indonesia
- LBH Netherlands Bv - Netherlands
- Wilmar Investment Holdings
- Metalloyd Limited - United Kingdom
- Timah Investasi Mineral - Indoneisa
- Jaiprakash Power Ventures ltd
- Rashtriya Ispat Nigam Limited - India
- The State Trading Corporation of India Ltd
- Edison Trading Spa - Italy
- Cement Manufacturers Association - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bharathi Cement Corporation - India
- Siam City Cement PLC, Thailand
- Ministry of Finance - Indonesia
- Kumho Petrochemical, South Korea
- Borneo Indobara - Indonesia
- Grasim Industreis Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Parliament of New Zealand
- India Bulls Power Limited - India
- PetroVietnam Power Coal Import and Supply Company
- European Bulk Services B.V. - Netherlands
- Indika Energy - Indonesia
- ICICI Bank Limited - India
- Sinarmas Energy and Mining - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Karbindo Abesyapradhi - Indoneisa
- Kideco Jaya Agung - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Ambuja Cements Ltd - India
- Independent Power Producers Association of India
- Power Finance Corporation Ltd., India
- Intertek Mineral Services - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Sarangani Energy Corporation, Philippines
- White Energy Company Limited
- Banpu Public Company Limited - Thailand
- Petron Corporation, Philippines
- Sakthi Sugars Limited - India
- Star Paper Mills Limited - India
- Global Coal Blending Company Limited - Australia
- Holcim Trading Pte Ltd - Singapore
- Standard Chartered Bank - UAE
- Globalindo Alam Lestari - Indonesia
- Ministry of Transport, Egypt
- Price Waterhouse Coopers - Russia
- Jindal Steel & Power Ltd - India
- McConnell Dowell - Australia
- Alfred C Toepfer International GmbH - Germany
- Anglo American - United Kingdom
- Economic Council, Georgia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Binh Thuan Hamico - Vietnam
- Kobexindo Tractors - Indoneisa
- Parry Sugars Refinery, India
- Bayan Resources Tbk. - Indonesia
- Uttam Galva Steels Limited - India
- Aboitiz Power Corporation - Philippines
- Trasteel International SA, Italy
- Energy Development Corp, Philippines
- SN Aboitiz Power Inc, Philippines
- ASAPP Information Group - India
- Australian Commodity Traders Exchange
- Bukit Makmur.PT - Indonesia
- The University of Queensland
- Vizag Seaport Private Limited - India
- Mintek Dendrill Indonesia
- Semirara Mining Corp, Philippines
- Mercuria Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Meenaskhi Energy Private Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Salva Resources Pvt Ltd - India
- Minerals Council of Australia
- Bhoruka Overseas - Indonesia
- Coastal Gujarat Power Limited - India
- Mjunction Services Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Ministry of Mines - Canada
- Global Business Power Corporation, Philippines
- Coalindo Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- Australian Coal Association
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mercator Lines Limited - India
- Meralco Power Generation, Philippines
- Malabar Cements Ltd - India
- Sical Logistics Limited - India
- Global Green Power PLC Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- VISA Power Limited - India
- Carbofer General Trading SA - India
- Posco Energy - South Korea
- Orica Australia Pty. Ltd.
- Madhucon Powers Ltd - India
- Chettinad Cement Corporation Ltd - India
- Indonesian Coal Mining Association
- Renaissance Capital - South Africa
- South Luzon Thermal Energy Corporation
- Tata Chemicals Ltd - India
- Bhushan Steel Limited - India
- Deloitte Consulting - India
- Larsen & Toubro Limited - India
- SMG Consultants - Indonesia
- Wood Mackenzie - Singapore
- Oldendorff Carriers - Singapore
- Goldman Sachs - Singapore
- Xindia Steels Limited - India
- Eastern Energy - Thailand
- Formosa Plastics Group - Taiwan
- Georgia Ports Authority, United States
- OPG Power Generation Pvt Ltd - India
- Planning Commission, India
- The Treasury - Australian Government
- Interocean Group of Companies - India
- Gujarat Electricity Regulatory Commission - India
- GAC Shipping (India) Pvt Ltd
- GN Power Mariveles Coal Plant, Philippines
- TeaM Sual Corporation - Philippines
- Latin American Coal - Colombia
- Baramulti Group, Indonesia
- Agrawal Coal Company - India
- GMR Energy Limited - India
- Lanco Infratech Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Energy Link Ltd, New Zealand
- Siam City Cement - Thailand
- Vijayanagar Sugar Pvt Ltd - India
- New Zealand Coal & Carbon
- Directorate Of Revenue Intelligence - India
- Merrill Lynch Commodities Europe
- Semirara Mining and Power Corporation, Philippines
- Eastern Coal Council - USA
- Makarim & Taira - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Bangladesh Power Developement Board
- Straits Asia Resources Limited - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Manunggal Multi Energi - Indonesia
- Bulk Trading Sa - Switzerland
- Maheswari Brothers Coal Limited - India
- Medco Energi Mining Internasional
- Antam Resourcindo - Indonesia
- Rio Tinto Coal - Australia
- Tamil Nadu electricity Board
- Romanian Commodities Exchange
- Africa Commodities Group - South Africa
- MS Steel International - UAE
- Jorong Barutama Greston.PT - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sojitz Corporation - Japan
- CNBM International Corporation - China
- Dalmia Cement Bharat India
- Aditya Birla Group - India
- Karaikal Port Pvt Ltd - India
- Indogreen Group - Indonesia
- CIMB Investment Bank - Malaysia
- International Coal Ventures Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Bukit Baiduri Energy - Indonesia
- Essar Steel Hazira Ltd - India
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