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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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Wednesday, 30 December 09
INDIA CEMENTS TO FINALIZE 3 SHIPMENTS OF SOUTH AFRICAN COAL NEXT WEEK
COALspot.com (India): India Cements is looking for 3 shipments (150,000MT) of South African coal for January – March 2010 delivery on C ...
Wednesday, 30 December 09
BANPU EXPECTS STABLE COAL PRICES
2009 revenue growth will be hard to beat
Banpu Plc, Asean's largest coal miner, expects coal prices to stay firm at about US$80 per tonne in the f ...
Wednesday, 30 December 09
CIL DELISTS JAGUAR ENERGY FOR KODA LINKS
Coal India Ltd (CIL) has dropped Indonesia-based Jaguar Energy & Power Ltd from the list of companies, it intended to forge partnerships with to ...
Wednesday, 30 December 09
COAL PRICE RISE REQUEST DENIED
A proposal by the Viet Nam National Coal and Mineral Industries Group to double the price of coal has been turned down by the Ministry of Industry a ...
Wednesday, 30 December 09
CHINA'S 2010 COAL DEMAND COULD RISE 4%-6%, ACCORDING TO CHINA SECURITIES JOURNAL
China, which is the world’s second-largest energy user, may consume between 4 and 6% more coal next year on continued economic growth, China S ...
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- Medco Energi Mining Internasional
- Manunggal Multi Energi - Indonesia
- Tata Chemicals Ltd - India
- Energy Development Corp, Philippines
- Savvy Resources Ltd - HongKong
- GAC Shipping (India) Pvt Ltd
- Toyota Tsusho Corporation, Japan
- Karaikal Port Pvt Ltd - India
- GMR Energy Limited - India
- Jaiprakash Power Ventures ltd
- Eastern Energy - Thailand
- Banpu Public Company Limited - Thailand
- Petron Corporation, Philippines
- PowerSource Philippines DevCo
- Leighton Contractors Pty Ltd - Australia
- Vedanta Resources Plc - India
- Planning Commission, India
- Rashtriya Ispat Nigam Limited - India
- Videocon Industries ltd - India
- South Luzon Thermal Energy Corporation
- Interocean Group of Companies - India
- Sinarmas Energy and Mining - Indonesia
- Eastern Coal Council - USA
- Energy Link Ltd, New Zealand
- Wilmar Investment Holdings
- Merrill Lynch Commodities Europe
- Iligan Light & Power Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- VISA Power Limited - India
- Simpson Spence & Young - Indonesia
- Chettinad Cement Corporation Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Indonesian Coal Mining Association
- Miang Besar Coal Terminal - Indonesia
- San Jose City I Power Corp, Philippines
- Bukit Makmur.PT - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kideco Jaya Agung - Indonesia
- Wood Mackenzie - Singapore
- Antam Resourcindo - Indonesia
- European Bulk Services B.V. - Netherlands
- Star Paper Mills Limited - India
- Dalmia Cement Bharat India
- Cigading International Bulk Terminal - Indonesia
- Bharathi Cement Corporation - India
- Pipit Mutiara Jaya. PT, Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Cement Manufacturers Association - India
- Posco Energy - South Korea
- MS Steel International - UAE
- The University of Queensland
- Globalindo Alam Lestari - Indonesia
- Ind-Barath Power Infra Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Bayan Resources Tbk. - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Meralco Power Generation, Philippines
- Bulk Trading Sa - Switzerland
- Latin American Coal - Colombia
- Intertek Mineral Services - Indonesia
- India Bulls Power Limited - India
- Australian Commodity Traders Exchange
- Altura Mining Limited, Indonesia
- SN Aboitiz Power Inc, Philippines
- Thai Mozambique Logistica
- Ministry of Transport, Egypt
- Indika Energy - Indonesia
- Siam City Cement PLC, Thailand
- White Energy Company Limited
- Port Waratah Coal Services - Australia
- Chamber of Mines of South Africa
- PNOC Exploration Corporation - Philippines
- Orica Mining Services - Indonesia
- IEA Clean Coal Centre - UK
- Sarangani Energy Corporation, Philippines
- Ambuja Cements Ltd - India
- GVK Power & Infra Limited - India
- Gujarat Sidhee Cement - India
- Sojitz Corporation - Japan
- Romanian Commodities Exchange
- The State Trading Corporation of India Ltd
- Vizag Seaport Private Limited - India
- Thiess Contractors Indonesia
- Bangladesh Power Developement Board
- Global Green Power PLC Corporation, Philippines
- Uttam Galva Steels Limited - India
- Binh Thuan Hamico - Vietnam
- Madhucon Powers Ltd - India
- Oldendorff Carriers - Singapore
- Goldman Sachs - Singapore
- Heidelberg Cement - Germany
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Borneo Indobara - Indonesia
- Power Finance Corporation Ltd., India
- Kumho Petrochemical, South Korea
- Indogreen Group - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- AsiaOL BioFuels Corp., Philippines
- GN Power Mariveles Coal Plant, Philippines
- Directorate Of Revenue Intelligence - India
- Alfred C Toepfer International GmbH - Germany
- Bukit Baiduri Energy - Indonesia
- Barasentosa Lestari - Indonesia
- London Commodity Brokers - England
- Indian Energy Exchange, India
- Mintek Dendrill Indonesia
- Africa Commodities Group - South Africa
- SMC Global Power, Philippines
- Indo Tambangraya Megah - Indonesia
- Central Electricity Authority - India
- Minerals Council of Australia
- Vijayanagar Sugar Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Parliament of New Zealand
- TeaM Sual Corporation - Philippines
- Krishnapatnam Port Company Ltd. - India
- PetroVietnam Power Coal Import and Supply Company
- Tamil Nadu electricity Board
- Electricity Generating Authority of Thailand
- Commonwealth Bank - Australia
- Marubeni Corporation - India
- ASAPP Information Group - India
- Lanco Infratech Ltd - India
- Orica Australia Pty. Ltd.
- Rio Tinto Coal - Australia
- Makarim & Taira - Indonesia
- ICICI Bank Limited - India
- Agrawal Coal Company - India
- Price Waterhouse Coopers - Russia
- Baramulti Group, Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Bhoruka Overseas - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- McConnell Dowell - Australia
- Attock Cement Pakistan Limited
- LBH Netherlands Bv - Netherlands
- Coal and Oil Company - UAE
- CIMB Investment Bank - Malaysia
- Grasim Industreis Ltd - India
- Bhatia International Limited - India
- Global Coal Blending Company Limited - Australia
- Maheswari Brothers Coal Limited - India
- Semirara Mining Corp, Philippines
- Larsen & Toubro Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Coalindo Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- The Treasury - Australian Government
- Standard Chartered Bank - UAE
- Formosa Plastics Group - Taiwan
- New Zealand Coal & Carbon
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Riau Bara Harum - Indonesia
- Sree Jayajothi Cements Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Electricity Authority, New Zealand
- Salva Resources Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Parry Sugars Refinery, India
- Kalimantan Lumbung Energi - Indonesia
- Central Java Power - Indonesia
- Metalloyd Limited - United Kingdom
- Sindya Power Generating Company Private Ltd
- SMG Consultants - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Economic Council, Georgia
- Global Business Power Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Australian Coal Association
- Deloitte Consulting - India
- Samtan Co., Ltd - South Korea
- Independent Power Producers Association of India
- Anglo American - United Kingdom
- Mjunction Services Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Georgia Ports Authority, United States
- Mercuria Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Xindia Steels Limited - India
- Ministry of Mines - Canada
- Malabar Cements Ltd - India
- Timah Investasi Mineral - Indoneisa
- Pendopo Energi Batubara - Indonesia
- Ministry of Finance - Indonesia
- Aboitiz Power Corporation - Philippines
- CNBM International Corporation - China
- Gujarat Mineral Development Corp Ltd - India
- Trasteel International SA, Italy
- Carbofer General Trading SA - India
- Kaltim Prima Coal - Indonesia
- Siam City Cement - Thailand
- Kartika Selabumi Mining - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Edison Trading Spa - Italy
- Straits Asia Resources Limited - Singapore
- Billiton Holdings Pty Ltd - Australia
- PTC India Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Singapore Mercantile Exchange
- Asmin Koalindo Tuhup - Indonesia
- Jindal Steel & Power Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Therma Luzon, Inc, Philippines
- Sical Logistics Limited - India
- Kobexindo Tractors - Indoneisa
- Meenaskhi Energy Private Limited - India
- Aditya Birla Group - India
- Neyveli Lignite Corporation Ltd, - India
- Bhushan Steel Limited - India
- Sakthi Sugars Limited - India
- Indian Oil Corporation Limited
- IHS Mccloskey Coal Group - USA
- Mercator Lines Limited - India
- Coastal Gujarat Power Limited - India
- Renaissance Capital - South Africa
- TNB Fuel Sdn Bhd - Malaysia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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