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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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Saturday, 12 December 09
INDONESIA'S COAL RUSH - SOOTY SUCCESS
Rising demand from China and India is stoking Indonesia’s exports of coal
FOR power stations on the coast of China, it is often cheaper to ...
Thursday, 10 December 09
ENVIROCOAL REGISTERED IN 33 COUNTRIES
PT Adaro concerned to register the brand overseas
PT Adaro Energy Tbk has registered the Envirocoal trademark for its coal products in 33 countri ...
Thursday, 10 December 09
INDIA TO IMPORT 28 MILLION TONNE OF STEAM COAL
Faced with short supply of coal from domestic sources, the Indian power ministry has revised upwards its coal import target for the current fiscal t ...
Thursday, 10 December 09
INDONESIA'S NEW MINING LAW WILL NOT LIMIT COAL EXPORTS, SAYS GOVERNMENT
The government will allow coal producers to continue exporting even if they miss domestic sales requirements, a senior mining official said, marking ...
Wednesday, 09 December 09
INDONESIA'S RECAPITAL TO PAY $1.48 BLN FOR BERAU
Recapital Advisors, an Indonesian investment firm, will pay $1.48 billion in cash and notes to buy coal miner PT Berau Coal, $300 million of which i ...
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- Thiess Contractors Indonesia
- Manunggal Multi Energi - Indonesia
- Electricity Generating Authority of Thailand
- Maharashtra Electricity Regulatory Commission - India
- Maheswari Brothers Coal Limited - India
- Ministry of Mines - Canada
- AsiaOL BioFuels Corp., Philippines
- Ind-Barath Power Infra Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kobexindo Tractors - Indoneisa
- Standard Chartered Bank - UAE
- Gujarat Sidhee Cement - India
- Sical Logistics Limited - India
- Krishnapatnam Port Company Ltd. - India
- Ceylon Electricity Board - Sri Lanka
- Romanian Commodities Exchange
- Rio Tinto Coal - Australia
- India Bulls Power Limited - India
- Bukit Baiduri Energy - Indonesia
- Wood Mackenzie - Singapore
- Orica Australia Pty. Ltd.
- Singapore Mercantile Exchange
- Aditya Birla Group - India
- Indika Energy - Indonesia
- Minerals Council of Australia
- Directorate Of Revenue Intelligence - India
- Essar Steel Hazira Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Petron Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kepco SPC Power Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Toyota Tsusho Corporation, Japan
- New Zealand Coal & Carbon
- PNOC Exploration Corporation - Philippines
- Gujarat Mineral Development Corp Ltd - India
- SN Aboitiz Power Inc, Philippines
- Bulk Trading Sa - Switzerland
- Global Green Power PLC Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Alfred C Toepfer International GmbH - Germany
- Vijayanagar Sugar Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Commonwealth Bank - Australia
- Meralco Power Generation, Philippines
- Siam City Cement - Thailand
- Economic Council, Georgia
- Semirara Mining Corp, Philippines
- Marubeni Corporation - India
- The Treasury - Australian Government
- Sinarmas Energy and Mining - Indonesia
- Electricity Authority, New Zealand
- Medco Energi Mining Internasional
- Kapuas Tunggal Persada - Indonesia
- SMC Global Power, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Indonesian Coal Mining Association
- CNBM International Corporation - China
- Holcim Trading Pte Ltd - Singapore
- Indian Energy Exchange, India
- Thai Mozambique Logistica
- Uttam Galva Steels Limited - India
- Malabar Cements Ltd - India
- Lanco Infratech Ltd - India
- Xindia Steels Limited - India
- Iligan Light & Power Inc, Philippines
- Baramulti Group, Indonesia
- Therma Luzon, Inc, Philippines
- Oldendorff Carriers - Singapore
- Salva Resources Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Aboitiz Power Corporation - Philippines
- Jorong Barutama Greston.PT - Indonesia
- International Coal Ventures Pvt Ltd - India
- Sakthi Sugars Limited - India
- Mjunction Services Limited - India
- European Bulk Services B.V. - Netherlands
- IEA Clean Coal Centre - UK
- London Commodity Brokers - England
- Intertek Mineral Services - Indonesia
- Borneo Indobara - Indonesia
- CIMB Investment Bank - Malaysia
- Larsen & Toubro Limited - India
- Georgia Ports Authority, United States
- Mercuria Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- Central Electricity Authority - India
- Anglo American - United Kingdom
- Riau Bara Harum - Indonesia
- Merrill Lynch Commodities Europe
- PTC India Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PowerSource Philippines DevCo
- Indogreen Group - Indonesia
- Kaltim Prima Coal - Indonesia
- Trasteel International SA, Italy
- Kumho Petrochemical, South Korea
- GN Power Mariveles Coal Plant, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Metalloyd Limited - United Kingdom
- Bharathi Cement Corporation - India
- Kohat Cement Company Ltd. - Pakistan
- South Luzon Thermal Energy Corporation
- Antam Resourcindo - Indonesia
- Global Coal Blending Company Limited - Australia
- Price Waterhouse Coopers - Russia
- Bhoruka Overseas - Indonesia
- Tamil Nadu electricity Board
- Indian Oil Corporation Limited
- VISA Power Limited - India
- Sarangani Energy Corporation, Philippines
- Bangladesh Power Developement Board
- Agrawal Coal Company - India
- Vizag Seaport Private Limited - India
- Dalmia Cement Bharat India
- Energy Link Ltd, New Zealand
- Ministry of Finance - Indonesia
- Wilmar Investment Holdings
- Coal and Oil Company - UAE
- Sojitz Corporation - Japan
- Planning Commission, India
- Goldman Sachs - Singapore
- Africa Commodities Group - South Africa
- Grasim Industreis Ltd - India
- GMR Energy Limited - India
- Bhatia International Limited - India
- Australian Commodity Traders Exchange
- Carbofer General Trading SA - India
- Indo Tambangraya Megah - Indonesia
- Attock Cement Pakistan Limited
- Coalindo Energy - Indonesia
- The University of Queensland
- Star Paper Mills Limited - India
- OPG Power Generation Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Renaissance Capital - South Africa
- Posco Energy - South Korea
- Eastern Coal Council - USA
- The State Trading Corporation of India Ltd
- Savvy Resources Ltd - HongKong
- Jindal Steel & Power Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Videocon Industries ltd - India
- Australian Coal Association
- Meenaskhi Energy Private Limited - India
- Leighton Contractors Pty Ltd - Australia
- Sindya Power Generating Company Private Ltd
- Neyveli Lignite Corporation Ltd, - India
- McConnell Dowell - Australia
- ICICI Bank Limited - India
- Bhushan Steel Limited - India
- Makarim & Taira - Indonesia
- Independent Power Producers Association of India
- Barasentosa Lestari - Indonesia
- Mintek Dendrill Indonesia
- TeaM Sual Corporation - Philippines
- San Jose City I Power Corp, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- GVK Power & Infra Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Madhucon Powers Ltd - India
- Eastern Energy - Thailand
- Samtan Co., Ltd - South Korea
- Billiton Holdings Pty Ltd - Australia
- Tata Chemicals Ltd - India
- Energy Development Corp, Philippines
- Banpu Public Company Limited - Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Mercator Lines Limited - India
- Jaiprakash Power Ventures ltd
- White Energy Company Limited
- Binh Thuan Hamico - Vietnam
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- MS Steel International - UAE
- Cigading International Bulk Terminal - Indonesia
- Ambuja Cements Ltd - India
- Parliament of New Zealand
- Ministry of Transport, Egypt
- Straits Asia Resources Limited - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- ASAPP Information Group - India
- Global Business Power Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Bukit Makmur.PT - Indonesia
- Siam City Cement PLC, Thailand
- Deloitte Consulting - India
- Semirara Mining and Power Corporation, Philippines
- Interocean Group of Companies - India
- Power Finance Corporation Ltd., India
- SMG Consultants - Indonesia
- Cement Manufacturers Association - India
- Heidelberg Cement - Germany
- Vedanta Resources Plc - India
- Globalindo Alam Lestari - Indonesia
- Chamber of Mines of South Africa
- Kartika Selabumi Mining - Indonesia
- Altura Mining Limited, Indonesia
- Central Java Power - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Gujarat Electricity Regulatory Commission - India
- Kideco Jaya Agung - Indonesia
- Chettinad Cement Corporation Ltd - India
- Edison Trading Spa - Italy
- Parry Sugars Refinery, India
- Latin American Coal - Colombia
- TNB Fuel Sdn Bhd - Malaysia
- LBH Netherlands Bv - Netherlands
- Orica Mining Services - Indonesia
- Formosa Plastics Group - Taiwan
- GAC Shipping (India) Pvt Ltd
- Pendopo Energi Batubara - Indonesia
- Port Waratah Coal Services - Australia
- Karaikal Port Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Sree Jayajothi Cements Limited - India
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