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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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Friday, 06 September 24
REBOUND IN OIL DEMAND COULD LIFT MARKET IN LATTER HALF OF 2024 - BIMCO
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SEABORNE COAL IMPORTS INTO INDIA INCREASED BY +9.9% Y-O-Y TO 146.6 MLN T - BANCHERO COSTA
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EXERCISE CAUTION WITH AMMONIA SWITCH - BALTIC EXCHANGE
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- Kobexindo Tractors - Indoneisa
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- Kohat Cement Company Ltd. - Pakistan
- Meralco Power Generation, Philippines
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- Kapuas Tunggal Persada - Indonesia
- The University of Queensland
- Parry Sugars Refinery, India
- Simpson Spence & Young - Indonesia
- Miang Besar Coal Terminal - Indonesia
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- Bahari Cakrawala Sebuku - Indonesia
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- Africa Commodities Group - South Africa
- International Coal Ventures Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- McConnell Dowell - Australia
- Maheswari Brothers Coal Limited - India
- Siam City Cement PLC, Thailand
- Ministry of Finance - Indonesia
- Eastern Coal Council - USA
- Power Finance Corporation Ltd., India
- New Zealand Coal & Carbon
- Iligan Light & Power Inc, Philippines
- Interocean Group of Companies - India
- Banpu Public Company Limited - Thailand
- Bukit Baiduri Energy - Indonesia
- CNBM International Corporation - China
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- Star Paper Mills Limited - India
- Indian Oil Corporation Limited
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- Binh Thuan Hamico - Vietnam
- Globalindo Alam Lestari - Indonesia
- Ministry of Transport, Egypt
- South Luzon Thermal Energy Corporation
- Ceylon Electricity Board - Sri Lanka
- Lanco Infratech Ltd - India
- Energy Development Corp, Philippines
- Kideco Jaya Agung - Indonesia
- Parliament of New Zealand
- Goldman Sachs - Singapore
- Commonwealth Bank - Australia
- Carbofer General Trading SA - India
- Central Java Power - Indonesia
- Salva Resources Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Thiess Contractors Indonesia
- Indogreen Group - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Kepco SPC Power Corporation, Philippines
- Coal and Oil Company - UAE
- PowerSource Philippines DevCo
- Orica Australia Pty. Ltd.
- India Bulls Power Limited - India
- Deloitte Consulting - India
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- Cement Manufacturers Association - India
- Posco Energy - South Korea
- Metalloyd Limited - United Kingdom
- Semirara Mining and Power Corporation, Philippines
- Sakthi Sugars Limited - India
- Essar Steel Hazira Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- GVK Power & Infra Limited - India
- Manunggal Multi Energi - Indonesia
- LBH Netherlands Bv - Netherlands
- Ministry of Mines - Canada
- Oldendorff Carriers - Singapore
- Gujarat Sidhee Cement - India
- Malabar Cements Ltd - India
- Economic Council, Georgia
- Straits Asia Resources Limited - Singapore
- Tamil Nadu electricity Board
- ASAPP Information Group - India
- Global Coal Blending Company Limited - Australia
- Australian Commodity Traders Exchange
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- IHS Mccloskey Coal Group - USA
- Agrawal Coal Company - India
- Siam City Cement - Thailand
- Indo Tambangraya Megah - Indonesia
- Petron Corporation, Philippines
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- Toyota Tsusho Corporation, Japan
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- MS Steel International - UAE
- Global Business Power Corporation, Philippines
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- Videocon Industries ltd - India
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- Sojitz Corporation - Japan
- Standard Chartered Bank - UAE
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- Chamber of Mines of South Africa
- London Commodity Brokers - England
- Riau Bara Harum - Indonesia
- Dalmia Cement Bharat India
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- Neyveli Lignite Corporation Ltd, - India
- Planning Commission, India
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- Pipit Mutiara Jaya. PT, Indonesia
- Mintek Dendrill Indonesia
- Sical Logistics Limited - India
- Tata Chemicals Ltd - India
- Price Waterhouse Coopers - Russia
- Sindya Power Generating Company Private Ltd
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- Kalimantan Lumbung Energi - Indonesia
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- Samtan Co., Ltd - South Korea
- Thai Mozambique Logistica
- Maharashtra Electricity Regulatory Commission - India
- Merrill Lynch Commodities Europe
- Renaissance Capital - South Africa
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- Independent Power Producers Association of India
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- Bhushan Steel Limited - India
- Directorate Of Revenue Intelligence - India
- AsiaOL BioFuels Corp., Philippines
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- Indian Energy Exchange, India
- Jaiprakash Power Ventures ltd
- Bulk Trading Sa - Switzerland
- Gujarat Mineral Development Corp Ltd - India
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- Georgia Ports Authority, United States
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bangladesh Power Developement Board
- Formosa Plastics Group - Taiwan
- Chettinad Cement Corporation Ltd - India
- White Energy Company Limited
- Holcim Trading Pte Ltd - Singapore
- Barasentosa Lestari - Indonesia
- Rio Tinto Coal - Australia
- Kaltim Prima Coal - Indonesia
- Anglo American - United Kingdom
- Larsen & Toubro Limited - India
- Orica Mining Services - Indonesia
- Aboitiz Power Corporation - Philippines
- Mjunction Services Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Minerals Council of Australia
- Meenaskhi Energy Private Limited - India
- Wood Mackenzie - Singapore
- Heidelberg Cement - Germany
- Ambuja Cements Ltd - India
- Pendopo Energi Batubara - Indonesia
- Central Electricity Authority - India
- Sarangani Energy Corporation, Philippines
- The Treasury - Australian Government
- Indonesian Coal Mining Association
- Mercuria Energy - Indonesia
- Trasteel International SA, Italy
- Ind-Barath Power Infra Limited - India
- Indika Energy - Indonesia
- Jindal Steel & Power Ltd - India
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- SMC Global Power, Philippines
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