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Thursday, 09 April 09
INDONESIA'S PLN (STATE ELECTRICITY COMPANY) TO SET POWER PURCHASE PRICES FOR INDEPENDENT PRODUCERS - THE JAKARTA POST
State power company PT PLN holds the mandate to set power purchase prices to buy electricity produced by its (IPP) business partners, aiming at flexibility amid the dynamics of economic circumstances, a state official says.
The director general for elec-tricity and energy utilization at the Energy and Mineral Resources Ministry, J. Purwono, said that the rights were based on the Energy and Mineral Resources Ministry’s Regulation on the Guideline for Power Purchase Prices for Cooperatives or other Independent Power Producers (IPPs), which was enacted last week.
“[The reason behind the regulation is] so that the prices do not hinder investment. The investment climate establishes the standard for price setting, namely that there should be good prices [in the eyes of investors] while, at the same time, these conform with [social] order,” Purwono said.
IPPs are playing a big role in PLN’s second-phase 10,000 MW crash power program, expected to start power production in 2014.
IPPs are expected to generate about 40 percent of this total capacity. The first-phase program was launched in 2006 to meet the increasing demand for electricity nationwide, especially for the Java-Bali system. All the power plants in the first 10,000 MW program belong to PLN.
Earlier this year government announced it would set the standard for power purchase prices at US$ 5.8 to 8 cents per KWH.
Purwono said that the setting of purchase prices was determined by various indicators, including the type of power plants, their locations, and their capacities; as well as macro economic indicators: The level of local content, fuel prices and quality and foreign exchange rates.
“[This is the reason why] PLN can set different prices for different business deals,” he said. However, Purwono added that PLN should first receive government’s agreement before implementing the prices.
He said that the government will play a bigger role in determining the parameter for power purchase prices.
The IPP, he added, and power purchase price, could be established through several mechanisms, including open bidding, direct appointment or direct selection.
Source: http://www.thejakartapost.com/news/2009/04/07/pln-set-power-purchase-prices-independent-producers.html
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Monday, 20 April 09
INDO TAMBANGRAYA 2009 OUTPUT TO GO UP 16% - THE JAKARTA POST
Indonesia's third largest coal producer, publicly listed PT Indo Tambangraya Megah (ITM), is targeting to raise production by 16 percent this year ...
Monday, 20 April 09
PT PAMAPERSADA SEES ITS REVENUE TO CLIMB BY 20% IN 2009 - STEELGURU
PT Pamapersada Nusantara, a unit of Indonesia's PT United Tractors, said that its 2009 profit will be similar to last year, even as it forecasts re ...
Monday, 20 April 09
NIPPON STEEL SEMI-SOFT COAL PRICE SAID TO DROP 67% - BLOOMBERG
Nippon Steel Corp., Japan’s largest mill, will pay up to 67 percent less for semi-soft coking coal this fiscal year, two industry executives w ...
Monday, 20 April 09
INTERNATIONAL INVESTORS SEEK TO SELL ADARO STAKES - MONEY.CNN
Some international investors in PT Adaro Energy ( ADRO.JK) have approached other companies to sell around a combined 17% stake in the coal miner via ...
Friday, 17 April 09
BHATIA COAL INDIA, VITOL IN DISPUTE - COAL JUNCTION
Bhatia Coal India, a subsidiary of the Bhatia International Group, terminated a coal supply contract with traders Vitol and has initiated arbitratio ...
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Showing 6806 to 6810 news of total 6871 |
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- Karbindo Abesyapradhi - Indoneisa
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- Baramulti Group, Indonesia
- Oldendorff Carriers - Singapore
- New Zealand Coal & Carbon
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- Minerals Council of Australia
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- Marubeni Corporation - India
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- Alfred C Toepfer International GmbH - Germany
- Semirara Mining Corp, Philippines
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- San Jose City I Power Corp, Philippines
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- Independent Power Producers Association of India
- Mintek Dendrill Indonesia
- Romanian Commodities Exchange
- Goldman Sachs - Singapore
- SN Aboitiz Power Inc, Philippines
- Tamil Nadu electricity Board
- Manunggal Multi Energi - Indonesia
- Ind-Barath Power Infra Limited - India
- Sarangani Energy Corporation, Philippines
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- Georgia Ports Authority, United States
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- White Energy Company Limited
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- Coal and Oil Company - UAE
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- MS Steel International - UAE
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- Ceylon Electricity Board - Sri Lanka
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- Electricity Authority, New Zealand
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- Edison Trading Spa - Italy
- Anglo American - United Kingdom
- Kepco SPC Power Corporation, Philippines
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- Bangladesh Power Developement Board
- Australian Coal Association
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- Sindya Power Generating Company Private Ltd
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- Ministry of Transport, Egypt
- Thiess Contractors Indonesia
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- Samtan Co., Ltd - South Korea
- Miang Besar Coal Terminal - Indonesia
- Central Java Power - Indonesia
- Salva Resources Pvt Ltd - India
- India Bulls Power Limited - India
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- Eastern Coal Council - USA
- Global Business Power Corporation, Philippines
- Indian Energy Exchange, India
- Sical Logistics Limited - India
- GAC Shipping (India) Pvt Ltd
- Timah Investasi Mineral - Indoneisa
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- Cement Manufacturers Association - India
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- Gujarat Electricity Regulatory Commission - India
- OPG Power Generation Pvt Ltd - India
- Bhushan Steel Limited - India
- The University of Queensland
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- Bahari Cakrawala Sebuku - Indonesia
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- Coastal Gujarat Power Limited - India
- Makarim & Taira - Indonesia
- SMG Consultants - Indonesia
- Meralco Power Generation, Philippines
- Trasteel International SA, Italy
- Ministry of Finance - Indonesia
- Kohat Cement Company Ltd. - Pakistan
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- Indian Oil Corporation Limited
- The State Trading Corporation of India Ltd
- European Bulk Services B.V. - Netherlands
- Kumho Petrochemical, South Korea
- Bhoruka Overseas - Indonesia
- Bayan Resources Tbk. - Indonesia
- Simpson Spence & Young - Indonesia
- Africa Commodities Group - South Africa
- Singapore Mercantile Exchange
- PowerSource Philippines DevCo
- PTC India Limited - India
- Borneo Indobara - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Bukit Makmur.PT - Indonesia
- IEA Clean Coal Centre - UK
- Meenaskhi Energy Private Limited - India
- Rashtriya Ispat Nigam Limited - India
- Lanco Infratech Ltd - India
- Xindia Steels Limited - India
- IHS Mccloskey Coal Group - USA
- Essar Steel Hazira Ltd - India
- Bukit Baiduri Energy - Indonesia
- GMR Energy Limited - India
- Indo Tambangraya Megah - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Posco Energy - South Korea
- Leighton Contractors Pty Ltd - Australia
- Vedanta Resources Plc - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jindal Steel & Power Ltd - India
- Mjunction Services Limited - India
- Sakthi Sugars Limited - India
- Deloitte Consulting - India
- Aditya Birla Group - India
- Straits Asia Resources Limited - Singapore
- Globalindo Alam Lestari - Indonesia
- Global Coal Blending Company Limited - Australia
- Rio Tinto Coal - Australia
- Merrill Lynch Commodities Europe
- Savvy Resources Ltd - HongKong
- The Treasury - Australian Government
- Uttam Galva Steels Limited - India
- Bulk Trading Sa - Switzerland
- Interocean Group of Companies - India
- Tata Chemicals Ltd - India
- Indogreen Group - Indonesia
- Kideco Jaya Agung - Indonesia
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- Port Waratah Coal Services - Australia
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- Antam Resourcindo - Indonesia
- Toyota Tsusho Corporation, Japan
- Coalindo Energy - Indonesia
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- VISA Power Limited - India
- South Luzon Thermal Energy Corporation
- Karaikal Port Pvt Ltd - India
- TeaM Sual Corporation - Philippines
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- Medco Energi Mining Internasional
- Siam City Cement PLC, Thailand
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- Orica Australia Pty. Ltd.
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