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Monday, 27 April 09
INDONESIA S.KALIMANTAN GETS COAL TRUCKS OFF PUBLIC ROADS - REUTERS
A local government in one of Indonesia's top coal-producing areas has banned coal and palm oil firms from using public roads because of the damage done by the trucks, a move which could increase costs for smaller producers. The governor of South Kalimantan province, which accounts for around 36 percent of Indonesia's total coal production, said the new regulation was intended to reduce the damage to key infrastructure and would come into effect in July.
The ban is unlikely to affect shipments from big coal producers in the area -- including PT Adaro Energy Tbk (ADRO.JK) and PT Arutmin, a unit of Indonesia's largest coal producer PT Bumi Resources Tbk (BUMI.JK) -- as they have their own hauling roads, according to Supriatna Suhala, executive director of Indonesia Coal Association.
"It will affect small miners. They may either have to declare force majeur, incur extra costs by building roads, or use small trucks which are suitable for public roads," Suhala said.
"Ideally, all miners should have their own roads because they use heavy machinery which could damage public roads," he said.
Many of the public roads in South Kalimantan have been badly damaged, as they were not intended for heavy use by trucks carrying coal and oil palm fruit and weighing tens of tonnes.
Coal miners and palm oil planters must build their own roads linking the mines and plantations to the nearest river ports by the end of July, Governor Rudy Ariffin said.
"If their roads come across public roads, they will have to build an underpass," Ariffin told Reuters in Jakarta after a meeting with legislators.
"Companies are now working to build their own roads. Hopefully, the roads can be used to transport mining products and agriculture produce by July," he said.
Indonesia is expected to produce 230 million tonnes of coal this year. (Writing by Fitri Wulandari; Editing by Sara Webb)
Source: http://www.reuters.com/article/rbssEnergyNews/idUSJAK43849320090427
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Monday, 25 May 09
MMTC TO IMPORT 12.5 MN TN COAL FOR NTPC
India's State-run trading firm MMTC Ltd will import 12.5 million tonnes of coal this fiscal for the country’s largest power producer, NTPC. M ...
Saturday, 23 May 09
THE SPOT SUPRAMAX CONTINUED TO BE FIRM - VISTAAR SINGAPORE
COALspot.com (Singapore) : VISTAAR Shipping Pte Limited, an experienced ship operator from Singapore, said, the beginning of the week continued ...
Saturday, 23 May 09
INDONESIA'S COAL OUTPUT SLUMPS IN Q1 ON LOWER PRICES, FALLING DEMAND - THE JAKARTA GLOBE
Falling international coal prices, bad weather and other problems cut first-quarter coal output by 50 percent to 30 million tons against an initial ...
Saturday, 23 May 09
INDIAN GOVT PLANS TO BUILD FIVE COAL-BASED POWER PLANTS AT $3.5B TO END CRISIS - THE FINANCIAL EXPRESS
The government has started working on a plan to set up five coal-based power plants with combined capacity of 2,500 mega watt to solve the country' ...
Saturday, 23 May 09
INTERNATIONAL COAL VENTURES PVT LTD FORMED - INDIA SERVER
National Thermal Power Corporation Limited (NTPC Ltd), the largest thermal power generating company of India, has entered into a joint venture with ...
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