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Wednesday, 23 December 09
INDONESIA POWER CHIEF TO BUILD PLANTS OUTSIDE JAVA
 Indonesia's state electricity firm plans to build new power plants outside Java island with a combined capacity of around 2,000 megawatts to resolve chronic power shortages, the firm's newly appointed head said on Wednesday.
Dahlan Iskan, a 58-year-old media tycoon who also operates a small power plant in East Kalimantan, replaces Fahmi Mochtar as president director of PT Perusahaan Listrik Negara (PLN) after criticism over power shortages in the capital and other areas.
PLN operates around 25,000 MW of electricity, but most of its plants are old, so daily output is far below capacity.
"We plan to boost electricity generation outside Java, because they have already had shortages for years," Iskan told reporters after a ceremony to mark his appointment.
He said that the new small-scale coal-fired power stations with a combined capacity of around 2,000 MW would be built in areas such as Kalimantan and Sulawesi.
The administration of President Susilo Bambang Yudhoyono had put pressure on Mochtar, who was appointed in March last year, to increase power capacity after frequent blackouts across much of the archipelago.
Local media has been reporting for some time that Mochtar would go and Indonesia's state enterprises minister Mustafa Abubakar said the replacement of the president and other directors at PLN was aimed at refreshing management.
"We evaluated the board of directors of PLN and as a result we decided we needed new management to develop the company further," Abubakar said.
Yudhoyono has previously criticised PLN management for failing to respond to pressure from the regions to build new power plants.
The government has launched two crash programmes to increase power generation because Southeast Asia's biggest economy faces chronic power shortages after years of under investment.
The first crash programme aims to add 10,000 MW of coal-fired power stations to meet electricity demand that officials say is growing at around 10 percent a year.
The second phase, due to start next year, aims to tap more alternative sources of energy such as geothermal to meet rising power demand and cut consumption of expensive crude oil as reserves dwindle.
PLN plan to tender for power projects worth $2.3 billion next year under the second phase of the 10,000 MW programme with nearly half, or 4,733 MW, due to come from geothermal.
Source: Reuters / Muklis Ali
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Thursday, 04 February 10
INDIA`S APPETITE FOR COAL EXPECTED TO RISE SHARPLY
Coal powers more than half of India's electricity plants and demand for the commodity is expected to rise sharply as the third-largest Asian econom ...
Thursday, 04 February 10
COAL PRODUCTION EXPECTED TO REACH 280 MILLION METRIC TONS - INDONESIA UPDATE
Indonesia`s coal production target for 2010 has been set at 275 million to 280 million metric tons, according to the Association of Indonesian Coal ...
Thursday, 04 February 10
MASSEY CEO 'NOT EXCITED' ABOUT PROSPECT OF QUARTERLY COAL PRICING
US coal producer Massey Energy is not in favour of switching to a quarterly pricing schedule for metallurgical coal, from the current annual price b ...
Thursday, 04 February 10
BUKIT ASAM GOES SHOPPING FOR MORE COAL MINES
State-owned coal miner PT Tambang Batubara Bukit Asam has set aside Rp 1.5 trillion ($162 million) to acquire two coal mines in East Kalimantan, pre ...
Thursday, 04 February 10
PTT EYES OVERSEAS COAL
Revenue could reachUS$600 million a year
PTT Plc, Thailand's largest energy company, aims to raise the annual revenue from its overseas coal bus ...
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- Commonwealth Bank - Australia
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- Ministry of Mines - Canada
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- Economic Council, Georgia
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- ICICI Bank Limited - India
- Directorate General of MIneral and Coal - Indonesia
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- Edison Trading Spa - Italy
- LBH Netherlands Bv - Netherlands
- Africa Commodities Group - South Africa
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- Parliament of New Zealand
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Chamber of Mines of South Africa
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- The University of Queensland
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