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Thursday, 21 January 10
INDONESIA BUKIT ASAM AGREES ON LOWER COAL PRICE
Indonesian state coal miner PT Tambang Batubara Bukit Asam Tbk has agreed with a local power plant to set 2010 coal prices at 23 percent lower than a year ago, the company's president director said on Thursday.
Bukit Asam has agreed to supply PT Indonesia Power, a unit of state electricity firm PT Perusahaan Listrik Negara (PLN), between 5.5 million tonnes and 6.1 million tonnes of coal with a heating value of 5,000 kcal/kg gross as-received (GAR) at 685,000 rupiah ($73.68) per tonne, CIF, president director Sukrisno said.
Indonesia's third-largest listed coal miner by market value said it would supply the coal to the 3,400-MW Suralaya power plant in West Java between now and the end of this year.
The price was 22.5 percent lower than 884,000 rupiah per tonne set in 2009.
"The price in 2009 was above the market price because we managed to reach a deal when coal prices were still high in around September 2008," said a Bukit Asam official, who declined to be quoted by name.
"Although 2010 price is lower than last year, it is still above the current market price," the official said.
Bukit Asam has said it expects last year's revenue to amount to 9 trillion rupiah, up from 7.2 trillion rupiah in 2008 as it managed to negotiate for higher prices.
Bukit Asam, with a market capitalisation of just over $4 billion, expects its sales volume to rise to 15.6 million tonnes in 2010 from an estimated 12.8 million tonnes last year on a growing demand from China and India.($1 = 9,297 Rupiah)
Source: Reuters
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Monday, 04 January 10
TOKYO ELECTRIC SEALS XSTRATA COAL DEAL
Tokyo Electric Power Co has agreed to pay about $US85 a tonne for Australian thermal coal in 2010 from miner Xstrata, a source familiar with the pri ...
Monday, 04 January 10
IND-BARATH TO SHIFT PROJECT FROM AP TO TN
Hyderabad-based power producer Ind–Barath is planning to set up a power plant at Tuticorin, Tamil Nadu. The proposed project would attract inv ...
Sunday, 03 January 10
NEWCASTLE THERMAL COAL PRICES FALL IN FIRST DECLINE IN 3 WEEKS
Power-station coal prices at Australia’s Newcastle port, a benchmark for Asia, declined 1.5 percent, falling for the first time in three weeks ...
Sunday, 03 January 10
NTPC SEEKS REPORT ON TRANSPORTING COAL THROUGH WATERWAYS
State-run National Thermal Power Corporation (NTPC), the country’s largest power utility, has asked for a “holistic” feasibility r ...
Sunday, 03 January 10
BHP TO STAY IN MARUWAI AND TO KEEP 75 PERCENT OF THE STAKE
Despite recent statements that it would pull out completely from Indonesia, the world's largest mining company BHP Billiton has now admitted that i ...
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- Singapore Mercantile Exchange
- Bangladesh Power Developement Board
- Asmin Koalindo Tuhup - Indonesia
- SN Aboitiz Power Inc, Philippines
- Electricity Generating Authority of Thailand
- Sindya Power Generating Company Private Ltd
- CIMB Investment Bank - Malaysia
- Energy Development Corp, Philippines
- Mercator Lines Limited - India
- Baramulti Group, Indonesia
- Cigading International Bulk Terminal - Indonesia
- Trasteel International SA, Italy
- Ind-Barath Power Infra Limited - India
- Mjunction Services Limited - India
- Chettinad Cement Corporation Ltd - India
- Bhoruka Overseas - Indonesia
- Global Green Power PLC Corporation, Philippines
- Global Business Power Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Riau Bara Harum - Indonesia
- Sarangani Energy Corporation, Philippines
- MS Steel International - UAE
- McConnell Dowell - Australia
- Coastal Gujarat Power Limited - India
- GVK Power & Infra Limited - India
- The University of Queensland
- Sinarmas Energy and Mining - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- The Treasury - Australian Government
- Sical Logistics Limited - India
- Wood Mackenzie - Singapore
- Central Java Power - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Electricity Authority, New Zealand
- Neyveli Lignite Corporation Ltd, - India
- Rashtriya Ispat Nigam Limited - India
- Commonwealth Bank - Australia
- Indonesian Coal Mining Association
- Barasentosa Lestari - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Coal and Oil Company - UAE
- Vizag Seaport Private Limited - India
- Ministry of Mines - Canada
- Romanian Commodities Exchange
- Bukit Makmur.PT - Indonesia
- SMC Global Power, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Semirara Mining Corp, Philippines
- Bharathi Cement Corporation - India
- Sree Jayajothi Cements Limited - India
- Independent Power Producers Association of India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Chamber of Mines of South Africa
- Samtan Co., Ltd - South Korea
- Petrochimia International Co. Ltd.- Taiwan
- SMG Consultants - Indonesia
- Bhushan Steel Limited - India
- Kepco SPC Power Corporation, Philippines
- Tamil Nadu electricity Board
- AsiaOL BioFuels Corp., Philippines
- Coalindo Energy - Indonesia
- India Bulls Power Limited - India
- Indian Oil Corporation Limited
- Australian Commodity Traders Exchange
- Standard Chartered Bank - UAE
- Gujarat Mineral Development Corp Ltd - India
- Metalloyd Limited - United Kingdom
- LBH Netherlands Bv - Netherlands
- Toyota Tsusho Corporation, Japan
- Manunggal Multi Energi - Indonesia
- Parry Sugars Refinery, India
- South Luzon Thermal Energy Corporation
- Binh Thuan Hamico - Vietnam
- GAC Shipping (India) Pvt Ltd
- Eastern Energy - Thailand
- Petron Corporation, Philippines
- Xindia Steels Limited - India
- Bulk Trading Sa - Switzerland
- Bhatia International Limited - India
- Renaissance Capital - South Africa
- Posco Energy - South Korea
- Holcim Trading Pte Ltd - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- London Commodity Brokers - England
- Pendopo Energi Batubara - Indonesia
- Price Waterhouse Coopers - Russia
- Eastern Coal Council - USA
- Cement Manufacturers Association - India
- Banpu Public Company Limited - Thailand
- Malabar Cements Ltd - India
- Goldman Sachs - Singapore
- Gujarat Electricity Regulatory Commission - India
- Anglo American - United Kingdom
- Bukit Baiduri Energy - Indonesia
- Merrill Lynch Commodities Europe
- Indo Tambangraya Megah - Indonesia
- Marubeni Corporation - India
- Aboitiz Power Corporation - Philippines
- Rio Tinto Coal - Australia
- Attock Cement Pakistan Limited
- Power Finance Corporation Ltd., India
- Semirara Mining and Power Corporation, Philippines
- Lanco Infratech Ltd - India
- New Zealand Coal & Carbon
- Leighton Contractors Pty Ltd - Australia
- Indika Energy - Indonesia
- Planning Commission, India
- Oldendorff Carriers - Singapore
- Essar Steel Hazira Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Australian Coal Association
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- White Energy Company Limited
- Borneo Indobara - Indonesia
- ASAPP Information Group - India
- Videocon Industries ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Agrawal Coal Company - India
- Bukit Asam (Persero) Tbk - Indonesia
- Altura Mining Limited, Indonesia
- San Jose City I Power Corp, Philippines
- Alfred C Toepfer International GmbH - Germany
- Energy Link Ltd, New Zealand
- CNBM International Corporation - China
- European Bulk Services B.V. - Netherlands
- Heidelberg Cement - Germany
- Economic Council, Georgia
- Vedanta Resources Plc - India
- ICICI Bank Limited - India
- Global Coal Blending Company Limited - Australia
- Kumho Petrochemical, South Korea
- OPG Power Generation Pvt Ltd - India
- GMR Energy Limited - India
- Thai Mozambique Logistica
- Orica Australia Pty. Ltd.
- Billiton Holdings Pty Ltd - Australia
- Sojitz Corporation - Japan
- Kaltim Prima Coal - Indonesia
- Salva Resources Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Carbofer General Trading SA - India
- Iligan Light & Power Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Edison Trading Spa - Italy
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Jaiprakash Power Ventures ltd
- Africa Commodities Group - South Africa
- Ministry of Finance - Indonesia
- PTC India Limited - India
- Globalindo Alam Lestari - Indonesia
- TeaM Sual Corporation - Philippines
- Straits Asia Resources Limited - Singapore
- Tata Chemicals Ltd - India
- Maheswari Brothers Coal Limited - India
- Timah Investasi Mineral - Indoneisa
- Wilmar Investment Holdings
- Meralco Power Generation, Philippines
- Medco Energi Mining Internasional
- Star Paper Mills Limited - India
- Antam Resourcindo - Indonesia
- Intertek Mineral Services - Indonesia
- Larsen & Toubro Limited - India
- Mintek Dendrill Indonesia
- Indian Energy Exchange, India
- Dalmia Cement Bharat India
- Port Waratah Coal Services - Australia
- Kapuas Tunggal Persada - Indonesia
- Directorate Of Revenue Intelligence - India
- Georgia Ports Authority, United States
- Ceylon Electricity Board - Sri Lanka
- The State Trading Corporation of India Ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Maharashtra Electricity Regulatory Commission - India
- Pipit Mutiara Jaya. PT, Indonesia
- Parliament of New Zealand
- Thiess Contractors Indonesia
- Formosa Plastics Group - Taiwan
- Ambuja Cements Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Uttam Galva Steels Limited - India
- Jindal Steel & Power Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Indogreen Group - Indonesia
- PNOC Exploration Corporation - Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- International Coal Ventures Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Interocean Group of Companies - India
- Madhucon Powers Ltd - India
- IEA Clean Coal Centre - UK
- Minerals Council of Australia
- Mercuria Energy - Indonesia
- Deloitte Consulting - India
- Kideco Jaya Agung - Indonesia
- Grasim Industreis Ltd - India
- Sakthi Sugars Limited - India
- Makarim & Taira - Indonesia
- Central Electricity Authority - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kartika Selabumi Mining - Indonesia
- Bayan Resources Tbk. - Indonesia
- PowerSource Philippines DevCo
- Kobexindo Tractors - Indoneisa
- Ministry of Transport, Egypt
- Siam City Cement PLC, Thailand
- Latin American Coal - Colombia
- Gujarat Sidhee Cement - India
- Orica Mining Services - Indonesia
- Simpson Spence & Young - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Aditya Birla Group - India
- Krishnapatnam Port Company Ltd. - India
- VISA Power Limited - India
- Karaikal Port Pvt Ltd - India
- Siam City Cement - Thailand
- IHS Mccloskey Coal Group - USA
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