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Saturday, 24 July 10
INDONESIAN COAL MINERS ARE REQUIRED TO SUPPLY 64.96 MLN TONS OF COAL TO DOMESTIC MARKET IN 2010
COALspot.com : Minister of Energy and Mineral Resources of Indonesia has issued a ministerial degree related to Domestic market obligation (DMO) for this year. As per the decree issued, the total requirement of coal for the domestic market for this year would be around 64.96 million tons against estimated coal production of 262.48 million tons in 2010. The remaining quantity of 197.5 million tons of coal for export market.
43 coal mining companies have requested to fulfill the domestic market obligation by allocating a minimum of 24.75 percent of their total production in 2010. Out of 43 companies, 36 mines are CCoW holders, 6 IUP holders and one are the state owned mining company PTBA.
The ministerial degree No: 1604 K/30/MElq/2010 further said that, 43 coal miners to allocate and supply 64.96 million tons of coal to domestic power producers, cement, fertilizer and textile plants.
Power plants are expected to consume a higher quantity of coal in 2010.
Around 55.5 million tons of coal or 86.29 percent of total coal allocated for the domestic market would be for power producers and 8.07 million tons for other industries such as cement, fertilizer and Textile.
State owned electricity company PLN alone would consume around 45.1 Million tons of 4,000 - 6200 calorific value coal.
However decree was silent about price of coal to be supplied to domestic market under DMO. According to market players, the price of coal to be negotiated and finalized by parties involved or through tender process. Hence price of coal to be decided by market condition, terms of payment, supply period and other general contractual terms and conditions.
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Friday, 23 July 10
THE PANAMAX MARKET HAS CONTINUED ITS SLOW CLIMB - FEARNLEYS
Handy
Continued flat Atlantic markets and over-supply of tonnage across all segments on spot basis. Nevertheless there is more fresh enquiry on Co ...
Friday, 23 July 10
KPMG INDIA FACES COAL DEFICIT OF 50% OF EXPECTED POWER PLANT DEMAND, SAYS - BLOOMBERG
Bloomberg reported that, India may face a coal shortfall of 189 million metric tons a year by 2015, about 50 percent of the power sector’s exp ...
Thursday, 22 July 10
BERAUS IPO NEXT MONTH CAN BECOME THE LARGEST THIS YEAR - THE JAKARTA POST
The Jakarta Post reported that, Indonesia’s fifth largest coal miner PT Berau Coal Energy Tbk will launch its initial public offering (IPO) ne ...
Thursday, 22 July 10
DRY BULK MARKET EDGES HIGHER, BUT RECOVERY IS SLOW
The dry bulk market’s recovery, which started last Friday has sustained its momentum thus far, but the pace of it seems to be an agonizing one ...
Wednesday, 21 July 10
CHARTER RATES FOR BIG SHIPS GO INTO FREEFALL
It is reported that concerns over the slowdown in the mainland construction sector posturing over ore price negotiations and a general summer slowdo ...
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- Bhushan Steel Limited - India
- Pendopo Energi Batubara - Indonesia
- Planning Commission, India
- Kalimantan Lumbung Energi - Indonesia
- Sojitz Corporation - Japan
- Antam Resourcindo - Indonesia
- Mintek Dendrill Indonesia
- Indo Tambangraya Megah - Indonesia
- PNOC Exploration Corporation - Philippines
- Timah Investasi Mineral - Indoneisa
- PTC India Limited - India
- Larsen & Toubro Limited - India
- Aboitiz Power Corporation - Philippines
- Ambuja Cements Ltd - India
- Minerals Council of Australia
- Carbofer General Trading SA - India
- Formosa Plastics Group - Taiwan
- Agrawal Coal Company - India
- AsiaOL BioFuels Corp., Philippines
- Videocon Industries ltd - India
- PowerSource Philippines DevCo
- Essar Steel Hazira Ltd - India
- Commonwealth Bank - Australia
- GAC Shipping (India) Pvt Ltd
- Star Paper Mills Limited - India
- Mjunction Services Limited - India
- Thai Mozambique Logistica
- Global Green Power PLC Corporation, Philippines
- ASAPP Information Group - India
- Anglo American - United Kingdom
- Central Electricity Authority - India
- Semirara Mining and Power Corporation, Philippines
- Renaissance Capital - South Africa
- MS Steel International - UAE
- Interocean Group of Companies - India
- Price Waterhouse Coopers - Russia
- Edison Trading Spa - Italy
- Parry Sugars Refinery, India
- Meenaskhi Energy Private Limited - India
- Kideco Jaya Agung - Indonesia
- Posco Energy - South Korea
- Kepco SPC Power Corporation, Philippines
- GVK Power & Infra Limited - India
- Power Finance Corporation Ltd., India
- SN Aboitiz Power Inc, Philippines
- Wilmar Investment Holdings
- Standard Chartered Bank - UAE
- Altura Mining Limited, Indonesia
- Borneo Indobara - Indonesia
- Bangladesh Power Developement Board
- VISA Power Limited - India
- Cement Manufacturers Association - India
- Sakthi Sugars Limited - India
- Miang Besar Coal Terminal - Indonesia
- Salva Resources Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Manunggal Multi Energi - Indonesia
- Intertek Mineral Services - Indonesia
- Dalmia Cement Bharat India
- Attock Cement Pakistan Limited
- Vijayanagar Sugar Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Deloitte Consulting - India
- Savvy Resources Ltd - HongKong
- Sarangani Energy Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Gujarat Electricity Regulatory Commission - India
- Directorate General of MIneral and Coal - Indonesia
- Goldman Sachs - Singapore
- Aditya Birla Group - India
- McConnell Dowell - Australia
- Mercuria Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- CIMB Investment Bank - Malaysia
- Bayan Resources Tbk. - Indonesia
- Simpson Spence & Young - Indonesia
- IEA Clean Coal Centre - UK
- Maharashtra Electricity Regulatory Commission - India
- LBH Netherlands Bv - Netherlands
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Orica Mining Services - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Sidhee Cement - India
- Sical Logistics Limited - India
- Independent Power Producers Association of India
- Energy Link Ltd, New Zealand
- Bukit Baiduri Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Bhatia International Limited - India
- The Treasury - Australian Government
- PetroVietnam Power Coal Import and Supply Company
- Georgia Ports Authority, United States
- Sinarmas Energy and Mining - Indonesia
- Singapore Mercantile Exchange
- Sindya Power Generating Company Private Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Energy Development Corp, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Siam City Cement PLC, Thailand
- Wood Mackenzie - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- Neyveli Lignite Corporation Ltd, - India
- Electricity Generating Authority of Thailand
- Kohat Cement Company Ltd. - Pakistan
- London Commodity Brokers - England
- Meralco Power Generation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- New Zealand Coal & Carbon
- Indogreen Group - Indonesia
- The State Trading Corporation of India Ltd
- Latin American Coal - Colombia
- Kumho Petrochemical, South Korea
- Parliament of New Zealand
- Thiess Contractors Indonesia
- Globalindo Alam Lestari - Indonesia
- Global Coal Blending Company Limited - Australia
- Australian Commodity Traders Exchange
- Makarim & Taira - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Jaiprakash Power Ventures ltd
- Siam City Cement - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- CNBM International Corporation - China
- Australian Coal Association
- Samtan Co., Ltd - South Korea
- The University of Queensland
- Kapuas Tunggal Persada - Indonesia
- Indika Energy - Indonesia
- Uttam Galva Steels Limited - India
- Trasteel International SA, Italy
- Electricity Authority, New Zealand
- SMG Consultants - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Maheswari Brothers Coal Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Kartika Selabumi Mining - Indonesia
- Petron Corporation, Philippines
- Economic Council, Georgia
- Indian Oil Corporation Limited
- Lanco Infratech Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Bhoruka Overseas - Indonesia
- Port Waratah Coal Services - Australia
- Indian Energy Exchange, India
- TeaM Sual Corporation - Philippines
- Directorate Of Revenue Intelligence - India
- Xindia Steels Limited - India
- South Luzon Thermal Energy Corporation
- Coalindo Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Kaltim Prima Coal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Barasentosa Lestari - Indonesia
- Indonesian Coal Mining Association
- White Energy Company Limited
- Metalloyd Limited - United Kingdom
- Bukit Asam (Persero) Tbk - Indonesia
- Karaikal Port Pvt Ltd - India
- India Bulls Power Limited - India
- Central Java Power - Indonesia
- Oldendorff Carriers - Singapore
- Ind-Barath Power Infra Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Romanian Commodities Exchange
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Vedanta Resources Plc - India
- Jindal Steel & Power Ltd - India
- Marubeni Corporation - India
- Malabar Cements Ltd - India
- SMC Global Power, Philippines
- Binh Thuan Hamico - Vietnam
- Tata Chemicals Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Medco Energi Mining Internasional
- Coastal Gujarat Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- Madhucon Powers Ltd - India
- Coal and Oil Company - UAE
- Global Business Power Corporation, Philippines
- Africa Commodities Group - South Africa
- Ceylon Electricity Board - Sri Lanka
- Bharathi Cement Corporation - India
- Eastern Energy - Thailand
- Ministry of Mines - Canada
- Ministry of Transport, Egypt
- Bukit Makmur.PT - Indonesia
- Merrill Lynch Commodities Europe
- Ministry of Finance - Indonesia
- Bulk Trading Sa - Switzerland
- ICICI Bank Limited - India
- Heidelberg Cement - Germany
- Chettinad Cement Corporation Ltd - India
- Riau Bara Harum - Indonesia
- OPG Power Generation Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Therma Luzon, Inc, Philippines
- Grasim Industreis Ltd - India
- International Coal Ventures Pvt Ltd - India
- Tamil Nadu electricity Board
- Vizag Seaport Private Limited - India
- Baramulti Group, Indonesia
- Toyota Tsusho Corporation, Japan
- European Bulk Services B.V. - Netherlands
- Chamber of Mines of South Africa
- Mercator Lines Limited - India
- GMR Energy Limited - India
- Alfred C Toepfer International GmbH - Germany
- Karbindo Abesyapradhi - Indoneisa
- Rio Tinto Coal - Australia
- San Jose City I Power Corp, Philippines
- Straits Asia Resources Limited - Singapore
- Semirara Mining Corp, Philippines
- Eastern Coal Council - USA
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