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Monday, 19 April 10
PLN TO OPERATE COAL MINES IN BID TO FUEL POWER PLANTS
 The Jakarta Globe reported that, state electricity utility PT Perusahaan Listrik Negara said on Sunday that it aimed to take over operation of small coal mining concessions throughout the archipelago to secure enough fuel for its growing number of power plants.
“We will open the tender next month as we are still preparing the details of business scheme,” said Dahlan Iskan, PLN’s president director. “The companies that win the tender will get royalties per ton, while the concessions will be operated by PLN. It is a solution to ended our dependence on coal supply from mining companies.”
PLN will set aside a minimum of Rp 5 trillion ($555 million) to pay royalties to the coal miners, Dahlan said.
The plant to operate the concessions of coal miners represents a change of tack from PLN’s earlier plan to obtain coal mining concessions itself.
In 2008, the utility set up a coal-buying subsidiary PT PLN Batubara. It was intended that Batubara would also eventually acquire coal mining concessions but it has been unable to do so. Batubara will now be tasked with operating concessions that PLN acquires.
“From our observation over the last three months, coal mining concessions all have been awarded to private companies and foreigners,” Dahlan said. “PLN could not obtain any coal concessions because we don’t have the money to bribe officials,” he said, referring to local government officials responsible for granting coal concessions.
However, Witoro Soelarno, secretary of the directorate general of coal and geothermal energy at the Energy Ministry, said PLN’s plan would violate the Mining Law, which states that mining concession holders should operate their own concessions and are not allowed to hand over the operation of their concession to other company.
“But the case with PLN may be different, because PLN will operate and will use the output itself, rather than selling it,” he said, adding that the Energy Ministry needed to review the plan.
PLN aims to put 10,000 MW of additional electricity capacity online by 2012, most of which will be generated from new coal-fired plants. However, it has been struggling to get enough fuel.
Last year, PLN spent around Rp 18 trillion on coal and it estimates that will increased to around Rp 30 trillion this year.
Small coal miners that already supply coal to PLN include PT Nusa Galih Nusantara, PT Ilthabi Bara Utama, PT Millenium Mining & Resources, PT Surya Artha Mandiri, PT Djan Resources, CV Buana Bara Lestari, PT Ecomas Jaya, PT Borneo Selatan, PT Nusa Alam Lestari, CV Bumi Sakti Prakarsa Mandiri, PT SInar Hakiki Multi, PT Hayam Wuruk, PT Nusantara Geocoal and PT Takenuda.
Source: The Jakarta Globe ( By:Reva Sasistiya)
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Tuesday, 27 April 10
S.KOREA EWP SEEKS 0.520 MILLION TONS OF SUB-BITUMINOUS COAL
COALspot.com: South Korea East West Power Company has called for term bids for supply of Sub-bituminous Coal for Dangjin Thermal Power Pla ...
Monday, 26 April 10
COAL INDIA NEARS PORT DEAL WITH VIZAG STEEL - DNA
DNA India reported that, Coal India Ltd (CIL), the country’s largest coal producer, is close to signing a deal to acquire space at Vizag Steel ...
Sunday, 25 April 10
THE WAITING AT INDIAN PORTS FOR COAL VESSELS WAS QUITE NORMAL - VISTAAR
COALspot.com: The BDI remained unchanged this week and all other sectors also the change was not much.
The cape index continued to move up and wa ...
Saturday, 24 April 10
NTPC TO BUY COAL MINES IN KAZAKHSTAN - TELEGRAPH INDIA
Telegraph India reported that, NTPC Ltd plans to acquire coal mines and operate two thermal power plants in Kazakhstan.
“We are exploring t ...
Saturday, 24 April 10
CHINA'S COAL IMPORTS DOUBLE IN MARCH
China's General Administration of Customs said that the country imported 15.22 million tons of coal last month, more than double the amount it impo ...
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- Siam City Cement PLC, Thailand
- PowerSource Philippines DevCo
- Siam City Cement - Thailand
- Electricity Authority, New Zealand
- Rashtriya Ispat Nigam Limited - India
- European Bulk Services B.V. - Netherlands
- Coal and Oil Company - UAE
- The Treasury - Australian Government
- Wood Mackenzie - Singapore
- Kobexindo Tractors - Indoneisa
- Indogreen Group - Indonesia
- Global Green Power PLC Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Economic Council, Georgia
- ASAPP Information Group - India
- Ministry of Mines - Canada
- Bank of Tokyo Mitsubishi UFJ Ltd
- Intertek Mineral Services - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indonesian Coal Mining Association
- Energy Link Ltd, New Zealand
- Thiess Contractors Indonesia
- Borneo Indobara - Indonesia
- London Commodity Brokers - England
- OPG Power Generation Pvt Ltd - India
- SMC Global Power, Philippines
- Krishnapatnam Port Company Ltd. - India
- Carbofer General Trading SA - India
- Gujarat Electricity Regulatory Commission - India
- Billiton Holdings Pty Ltd - Australia
- Orica Australia Pty. Ltd.
- Barasentosa Lestari - Indonesia
- Therma Luzon, Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Leighton Contractors Pty Ltd - Australia
- Trasteel International SA, Italy
- Bayan Resources Tbk. - Indonesia
- The State Trading Corporation of India Ltd
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- Savvy Resources Ltd - HongKong
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PTC India Limited - India
- Vizag Seaport Private Limited - India
- Eastern Energy - Thailand
- Renaissance Capital - South Africa
- South Luzon Thermal Energy Corporation
- SN Aboitiz Power Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Grasim Industreis Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Antam Resourcindo - Indonesia
- Romanian Commodities Exchange
- Petrochimia International Co. Ltd.- Taiwan
- Chettinad Cement Corporation Ltd - India
- Indian Oil Corporation Limited
- Aboitiz Power Corporation - Philippines
- Globalindo Alam Lestari - Indonesia
- New Zealand Coal & Carbon
- The University of Queensland
- Ceylon Electricity Board - Sri Lanka
- Kumho Petrochemical, South Korea
- Karaikal Port Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Medco Energi Mining Internasional
- Port Waratah Coal Services - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Gujarat Sidhee Cement - India
- PNOC Exploration Corporation - Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- San Jose City I Power Corp, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Cement Manufacturers Association - India
- Sindya Power Generating Company Private Ltd
- Essar Steel Hazira Ltd - India
- Electricity Generating Authority of Thailand
- Sarangani Energy Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Anglo American - United Kingdom
- Indian Energy Exchange, India
- Africa Commodities Group - South Africa
- Central Java Power - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Petron Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Merrill Lynch Commodities Europe
- Videocon Industries ltd - India
- Bukit Makmur.PT - Indonesia
- Coalindo Energy - Indonesia
- CNBM International Corporation - China
- Bhoruka Overseas - Indonesia
- Dalmia Cement Bharat India
- Alfred C Toepfer International GmbH - Germany
- Mjunction Services Limited - India
- Directorate Of Revenue Intelligence - India
- Central Electricity Authority - India
- Parry Sugars Refinery, India
- Oldendorff Carriers - Singapore
- Commonwealth Bank - Australia
- Samtan Co., Ltd - South Korea
- VISA Power Limited - India
- Larsen & Toubro Limited - India
- Bhushan Steel Limited - India
- Wilmar Investment Holdings
- MS Steel International - UAE
- GMR Energy Limited - India
- Ministry of Finance - Indonesia
- Banpu Public Company Limited - Thailand
- Attock Cement Pakistan Limited
- Iligan Light & Power Inc, Philippines
- Goldman Sachs - Singapore
- Manunggal Multi Energi - Indonesia
- Orica Mining Services - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Simpson Spence & Young - Indonesia
- Maheswari Brothers Coal Limited - India
- Sinarmas Energy and Mining - Indonesia
- Georgia Ports Authority, United States
- McConnell Dowell - Australia
- Rio Tinto Coal - Australia
- Mintek Dendrill Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Global Business Power Corporation, Philippines
- Singapore Mercantile Exchange
- Gujarat Mineral Development Corp Ltd - India
- Altura Mining Limited, Indonesia
- Kartika Selabumi Mining - Indonesia
- Bharathi Cement Corporation - India
- Price Waterhouse Coopers - Russia
- Semirara Mining Corp, Philippines
- Coastal Gujarat Power Limited - India
- Australian Coal Association
- Aditya Birla Group - India
- Energy Development Corp, Philippines
- India Bulls Power Limited - India
- Ambuja Cements Ltd - India
- Tata Chemicals Ltd - India
- Riau Bara Harum - Indonesia
- Chamber of Mines of South Africa
- CIMB Investment Bank - Malaysia
- Kalimantan Lumbung Energi - Indonesia
- Bangladesh Power Developement Board
- Power Finance Corporation Ltd., India
- SMG Consultants - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- ICICI Bank Limited - India
- White Energy Company Limited
- Madhucon Powers Ltd - India
- Sical Logistics Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Edison Trading Spa - Italy
- Mercuria Energy - Indonesia
- Star Paper Mills Limited - India
- AsiaOL BioFuels Corp., Philippines
- Ministry of Transport, Egypt
- Mercator Lines Limited - India
- IHS Mccloskey Coal Group - USA
- Minerals Council of Australia
- Binh Thuan Hamico - Vietnam
- GAC Shipping (India) Pvt Ltd
- Tamil Nadu electricity Board
- Ind-Barath Power Infra Limited - India
- Indo Tambangraya Megah - Indonesia
- Meenaskhi Energy Private Limited - India
- Sojitz Corporation - Japan
- Salva Resources Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kaltim Prima Coal - Indonesia
- Kepco SPC Power Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Jorong Barutama Greston.PT - Indonesia
- Standard Chartered Bank - UAE
- Interocean Group of Companies - India
- Eastern Coal Council - USA
- Independent Power Producers Association of India
- Sakthi Sugars Limited - India
- GVK Power & Infra Limited - India
- Posco Energy - South Korea
- International Coal Ventures Pvt Ltd - India
- Latin American Coal - Colombia
- Bahari Cakrawala Sebuku - Indonesia
- Lanco Infratech Ltd - India
- Indika Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Vedanta Resources Plc - India
- Jindal Steel & Power Ltd - India
- Bhatia International Limited - India
- Metalloyd Limited - United Kingdom
- Thai Mozambique Logistica
- Maharashtra Electricity Regulatory Commission - India
- IEA Clean Coal Centre - UK
- Cigading International Bulk Terminal - Indonesia
- Australian Commodity Traders Exchange
- Semirara Mining and Power Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Planning Commission, India
- Baramulti Group, Indonesia
- Parliament of New Zealand
- LBH Netherlands Bv - Netherlands
- Timah Investasi Mineral - Indoneisa
- Xindia Steels Limited - India
- Kapuas Tunggal Persada - Indonesia
- TeaM Sual Corporation - Philippines
- Makarim & Taira - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Toyota Tsusho Corporation, Japan
- Heidelberg Cement - Germany
- Agrawal Coal Company - India
- Marubeni Corporation - India
- Uttam Galva Steels Limited - India
- Meralco Power Generation, Philippines
- Pendopo Energi Batubara - Indonesia
- Malabar Cements Ltd - India
- Deloitte Consulting - India
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