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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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Thursday, 08 April 10
NAPOCOR GETS ONE OFFER AT COAL TENDER - ABS CBN
ABS- CBN News reported that, Philippine power producer National Power Corp. (Napocor) is likely to buy 50,000 tons of steam coal from PT Berau Coal ...
Wednesday, 07 April 10
DRY BULK MARKET LOOKING FOR DIRECTION
The dry bulk market has kept a low profile during the past week, as evidenced by the small changes of a usually rather turbulent Baltic Dry Index (B ...
Tuesday, 06 April 10
NEWCASTLE COAL EXPORTS RISE 24%, SHIP QUEUE SHORTENS - BLOOMBERG
Bloomberg reported that, Coal shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel used in power st ...
Tuesday, 06 April 10
UAE STEEL TRADERS FEAR LOSSES ON GLOBAL HIKE
A sudden spurt in the price of iron ore in the international market has caught local steel traders and manufacturers and a host of other steel-depen ...
Tuesday, 06 April 10
ASIAN INVESTORS EYE NIGERIA MARITIME INDUSTRY
Investors from the Asian region are considering investing in the Nigerian maritime sector, which has huge opportunities and potential. One of such p ...
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- Siam City Cement - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Kartika Selabumi Mining - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Orica Mining Services - Indonesia
- Planning Commission, India
- Jorong Barutama Greston.PT - Indonesia
- Videocon Industries ltd - India
- Bhoruka Overseas - Indonesia
- Kumho Petrochemical, South Korea
- Bulk Trading Sa - Switzerland
- Wood Mackenzie - Singapore
- San Jose City I Power Corp, Philippines
- Bangladesh Power Developement Board
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Singapore Mercantile Exchange
- White Energy Company Limited
- Coal and Oil Company - UAE
- IEA Clean Coal Centre - UK
- Bayan Resources Tbk. - Indonesia
- Dalmia Cement Bharat India
- Leighton Contractors Pty Ltd - Australia
- Tamil Nadu electricity Board
- Madhucon Powers Ltd - India
- Barasentosa Lestari - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Bukit Asam (Persero) Tbk - Indonesia
- Sakthi Sugars Limited - India
- Directorate Of Revenue Intelligence - India
- Ministry of Finance - Indonesia
- Banpu Public Company Limited - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Kepco SPC Power Corporation, Philippines
- Oldendorff Carriers - Singapore
- Electricity Generating Authority of Thailand
- Sree Jayajothi Cements Limited - India
- Siam City Cement PLC, Thailand
- Borneo Indobara - Indonesia
- Xindia Steels Limited - India
- Heidelberg Cement - Germany
- Sinarmas Energy and Mining - Indonesia
- Sindya Power Generating Company Private Ltd
- Aditya Birla Group - India
- Krishnapatnam Port Company Ltd. - India
- Bahari Cakrawala Sebuku - Indonesia
- Maheswari Brothers Coal Limited - India
- India Bulls Power Limited - India
- Medco Energi Mining Internasional
- Thai Mozambique Logistica
- Bank of Tokyo Mitsubishi UFJ Ltd
- Commonwealth Bank - Australia
- Energy Development Corp, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Mercator Lines Limited - India
- Merrill Lynch Commodities Europe
- Salva Resources Pvt Ltd - India
- CNBM International Corporation - China
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Riau Bara Harum - Indonesia
- Makarim & Taira - Indonesia
- Vizag Seaport Private Limited - India
- Samtan Co., Ltd - South Korea
- Gujarat Electricity Regulatory Commission - India
- Aboitiz Power Corporation - Philippines
- Interocean Group of Companies - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- LBH Netherlands Bv - Netherlands
- Renaissance Capital - South Africa
- Binh Thuan Hamico - Vietnam
- Minerals Council of Australia
- Sarangani Energy Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Gujarat Sidhee Cement - India
- Bharathi Cement Corporation - India
- Kideco Jaya Agung - Indonesia
- Coastal Gujarat Power Limited - India
- Global Coal Blending Company Limited - Australia
- Timah Investasi Mineral - Indoneisa
- Latin American Coal - Colombia
- New Zealand Coal & Carbon
- Kohat Cement Company Ltd. - Pakistan
- GAC Shipping (India) Pvt Ltd
- Toyota Tsusho Corporation, Japan
- McConnell Dowell - Australia
- Gujarat Mineral Development Corp Ltd - India
- Savvy Resources Ltd - HongKong
- Mjunction Services Limited - India
- Ind-Barath Power Infra Limited - India
- Central Electricity Authority - India
- Bhatia International Limited - India
- Coalindo Energy - Indonesia
- The University of Queensland
- Vijayanagar Sugar Pvt Ltd - India
- Africa Commodities Group - South Africa
- Indian Oil Corporation Limited
- Parry Sugars Refinery, India
- Uttam Galva Steels Limited - India
- Rio Tinto Coal - Australia
- Miang Besar Coal Terminal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Bukit Baiduri Energy - Indonesia
- Standard Chartered Bank - UAE
- Vedanta Resources Plc - India
- Indo Tambangraya Megah - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Indonesian Coal Mining Association
- Georgia Ports Authority, United States
- Directorate General of MIneral and Coal - Indonesia
- Antam Resourcindo - Indonesia
- Anglo American - United Kingdom
- Price Waterhouse Coopers - Russia
- Meralco Power Generation, Philippines
- Central Java Power - Indonesia
- Ministry of Transport, Egypt
- Chamber of Mines of South Africa
- Ceylon Electricity Board - Sri Lanka
- Kapuas Tunggal Persada - Indonesia
- TeaM Sual Corporation - Philippines
- Tata Chemicals Ltd - India
- Australian Coal Association
- Chettinad Cement Corporation Ltd - India
- PNOC Exploration Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- Iligan Light & Power Inc, Philippines
- London Commodity Brokers - England
- Lanco Infratech Ltd - India
- SMC Global Power, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Sical Logistics Limited - India
- Trasteel International SA, Italy
- South Luzon Thermal Energy Corporation
- Rashtriya Ispat Nigam Limited - India
- Mercuria Energy - Indonesia
- Independent Power Producers Association of India
- International Coal Ventures Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- IHS Mccloskey Coal Group - USA
- Agrawal Coal Company - India
- Australian Commodity Traders Exchange
- Electricity Authority, New Zealand
- Posco Energy - South Korea
- Romanian Commodities Exchange
- Indogreen Group - Indonesia
- GVK Power & Infra Limited - India
- Attock Cement Pakistan Limited
- ASAPP Information Group - India
- Port Waratah Coal Services - Australia
- Karaikal Port Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Indian Energy Exchange, India
- Edison Trading Spa - Italy
- GN Power Mariveles Coal Plant, Philippines
- Energy Link Ltd, New Zealand
- VISA Power Limited - India
- Essar Steel Hazira Ltd - India
- Cement Manufacturers Association - India
- Goldman Sachs - Singapore
- OPG Power Generation Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Global Business Power Corporation, Philippines
- The State Trading Corporation of India Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Therma Luzon, Inc, Philippines
- Mintek Dendrill Indonesia
- Carbofer General Trading SA - India
- Manunggal Multi Energi - Indonesia
- The Treasury - Australian Government
- Bukit Makmur.PT - Indonesia
- ICICI Bank Limited - India
- PTC India Limited - India
- Global Green Power PLC Corporation, Philippines
- PowerSource Philippines DevCo
- Deloitte Consulting - India
- Marubeni Corporation - India
- SN Aboitiz Power Inc, Philippines
- Wilmar Investment Holdings
- Larsen & Toubro Limited - India
- Ambuja Cements Ltd - India
- European Bulk Services B.V. - Netherlands
- Malabar Cements Ltd - India
- Formosa Plastics Group - Taiwan
- Power Finance Corporation Ltd., India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Baramulti Group, Indonesia
- CIMB Investment Bank - Malaysia
- GMR Energy Limited - India
- Altura Mining Limited, Indonesia
- Sojitz Corporation - Japan
- Jindal Steel & Power Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Ministry of Mines - Canada
- Semirara Mining and Power Corporation, Philippines
- Star Paper Mills Limited - India
- Bhushan Steel Limited - India
- Petron Corporation, Philippines
- Grasim Industreis Ltd - India
- Thiess Contractors Indonesia
- Meenaskhi Energy Private Limited - India
- Economic Council, Georgia
- Straits Asia Resources Limited - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indika Energy - Indonesia
- Eastern Energy - Thailand
- MS Steel International - UAE
- SMG Consultants - Indonesia
- Simpson Spence & Young - Indonesia
- Jaiprakash Power Ventures ltd
- Pendopo Energi Batubara - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Intertek Mineral Services - Indonesia
- Metalloyd Limited - United Kingdom
- Eastern Coal Council - USA
- Orica Australia Pty. Ltd.
- Parliament of New Zealand
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