We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Wednesday, 15 December 10
GOVT SETS NEW MINIMUM LEVEL FOR DOMESTIC MARKET SALES - THE JAKARTA POST
The Jakarta Post reported that, Indonesian coal producers are required to sell at least 24.17 percent of their production to the domestic market next year under the new coal domestic market obligation (DMO) regulation issued by the government on Tuesday.
The Energy and Mineral Resources Ministry said that the determination of the minimum coal volume to be sold to the domestic market was needed to ensure that there would be a shortage of supply at home.
The coal should be sold under the government’s benchmark price which is fixed monthly. The government set the DMO at 24.75 percent for 2010.
The regulation will affect 53 coal mining companies involving 42 coal contracts of work (PKP2B), state owned company PT Bukit Asam and 10 mining right (KP) and mining license (IUP) holders. Included under the PKP2B category are coal giants PT Adaro Indonesia, PT Arutmin Indonesia, PT Berau Coal and PT Kideco Jaya Agung.
The DMO percentage is determined based on projected coal production and projected domestic demand for 2011. The government estimates that coal production will reach 326.65 million tons in 2011, while domestic demand is expected to reach 78.97 million tons.
Of the total 78.97 million tons of coal expected to sold to domestic market, 66.28 million tons would be sold to power plants, 8.86 million tons to the cement industry, 1.97 million tons for textile industry, 0.92 million tons for the fertilizer industry, 0.60 million tons for the pulp industry and 0.34 million tons for metallurgy.
State power utility PT Perusahaan Listrik Negara (PLN) is Indonesia’s largest domestic coal consumer. The government expects to allocate 55.82 million tons of coal to PLN in 2001, or more than 70 percent of total domestic coal consumption.
PLN’s internal estimation is actually lower than the government allocation. Company director for primary energy Nur Pamudji said the firm’s coal consumption was projected to reach 52 million tons next year, a 44 percent increase from 36 million tons this year.
PLN said it would burn more coal next year as it will operate five new coal-fired power plants — the 3x330 megawatt Indramayu power plant in West Java, the 2x315 megawatt Rembang power plant in Central Java, the 625 megawatt Suralaya plant in West Java, the 600 megawatt Paiton plant in East Java and the 2x300 megawatt Lontar plant in Banten.
The second largest consumers of domestic coal are independent power producers (IPPs), which collectively are forecast to consume 8.97 million tons of coal in 2011. Other companies using coal for power generation are PT Freeport Indonesia (0.83 million tons), PT Newmont Nusa Tenggara (0.47 million tons) and PT Pusaka Jaya Palu Power (0.19 million tons).
Companies using coal for metallurgical processes are PT Inco (0.14 million tons) and PT Antam (0.20 million tons).
The government set the coal DMO to secure supply for the domestic market, particularly to PLN, which contributes around 90 percent of power generated in the country. The 2009 mining law stipulates that the government must determine the DMO annually through an Energy and Mineral Resources Ministry decree.
Source: The Jakarta Post
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Friday, 17 December 10
NALCO SHORTLISTS COAL FIRMS FOR INDONESIA PROJECT - BUSINESS-STANDARD
Business-Standard reported that, State-owned NALCO today said it has shortlisted two firms for supply of coal for its Rs 18,000-crore (US$ 3,953,003 ...
Thursday, 16 December 10
LANCO BAGS AUSTRALIAN COAL MINER GRIFFITH - DNA
As part of its strategy to secure coal supplies for meeting its needs in expanding power generation capacities, infrastructure major Lanco Infratech ...
Thursday, 16 December 10
COAL INDIA IN TALKS WITH INDONESIAN CO TO BUY ITS COAL MINES - APN NEWS
APN News reported that, World’s largest coal producer Coal India is in talks with Indonesia’s Sinar Mas Group for acquiring coal mines i ...
Wednesday, 15 December 10
CAPESIZE RATES ARE NOW AT THEIR LOWEST LEVEL SINCE AUGUST
It was a repeat performance for the market this week, with another increase in earnings for the small sizes but a sharp drop for the Capes. Overall ...
Wednesday, 15 December 10
LARGE ORDERBOOK TO HINDER 2011 DRY BULK MARKET REBOUND DESPITE INCREASED DEMAND SAYS PARAGON SHIPPING - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
A large orderbook which currently stands at 53% of the existing fleet is expected to render 2011 another challenging year for the dry bulk marke ...
|
|
|
Showing 5486 to 5490 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Bulk Trading Sa - Switzerland
- Wood Mackenzie - Singapore
- Pendopo Energi Batubara - Indonesia
- Kumho Petrochemical, South Korea
- Altura Mining Limited, Indonesia
- Merrill Lynch Commodities Europe
- Indo Tambangraya Megah - Indonesia
- Coalindo Energy - Indonesia
- Mintek Dendrill Indonesia
- Iligan Light & Power Inc, Philippines
- Toyota Tsusho Corporation, Japan
- Heidelberg Cement - Germany
- Banpu Public Company Limited - Thailand
- Kaltim Prima Coal - Indonesia
- International Coal Ventures Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Mercator Lines Limited - India
- Meenaskhi Energy Private Limited - India
- Indika Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Madhucon Powers Ltd - India
- GVK Power & Infra Limited - India
- Ambuja Cements Ltd - India
- Malabar Cements Ltd - India
- GAC Shipping (India) Pvt Ltd
- Trasteel International SA, Italy
- Renaissance Capital - South Africa
- Anglo American - United Kingdom
- Thiess Contractors Indonesia
- Coal and Oil Company - UAE
- PTC India Limited - India
- Rashtriya Ispat Nigam Limited - India
- Africa Commodities Group - South Africa
- Kohat Cement Company Ltd. - Pakistan
- Bhatia International Limited - India
- Independent Power Producers Association of India
- Miang Besar Coal Terminal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Price Waterhouse Coopers - Russia
- London Commodity Brokers - England
- Global Coal Blending Company Limited - Australia
- Jorong Barutama Greston.PT - Indonesia
- Aboitiz Power Corporation - Philippines
- TeaM Sual Corporation - Philippines
- Global Business Power Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Mjunction Services Limited - India
- Cement Manufacturers Association - India
- Bhoruka Overseas - Indonesia
- Dalmia Cement Bharat India
- Semirara Mining and Power Corporation, Philippines
- SMC Global Power, Philippines
- Port Waratah Coal Services - Australia
- The University of Queensland
- Binh Thuan Hamico - Vietnam
- Riau Bara Harum - Indonesia
- Indian Energy Exchange, India
- Electricity Authority, New Zealand
- Economic Council, Georgia
- McConnell Dowell - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Ministry of Mines - Canada
- Sakthi Sugars Limited - India
- Indian Oil Corporation Limited
- Kapuas Tunggal Persada - Indonesia
- Parry Sugars Refinery, India
- Essar Steel Hazira Ltd - India
- Karaikal Port Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- GMR Energy Limited - India
- Bukit Makmur.PT - Indonesia
- Siam City Cement PLC, Thailand
- Timah Investasi Mineral - Indoneisa
- Maharashtra Electricity Regulatory Commission - India
- Videocon Industries ltd - India
- Minerals Council of Australia
- Directorate Of Revenue Intelligence - India
- New Zealand Coal & Carbon
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Barasentosa Lestari - Indonesia
- Electricity Generating Authority of Thailand
- Meralco Power Generation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Indonesian Coal Mining Association
- Krishnapatnam Port Company Ltd. - India
- Posco Energy - South Korea
- Vizag Seaport Private Limited - India
- ICICI Bank Limited - India
- Vedanta Resources Plc - India
- Sinarmas Energy and Mining - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Gujarat Sidhee Cement - India
- Semirara Mining Corp, Philippines
- Simpson Spence & Young - Indonesia
- Australian Commodity Traders Exchange
- Orica Australia Pty. Ltd.
- Power Finance Corporation Ltd., India
- SN Aboitiz Power Inc, Philippines
- Therma Luzon, Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- Oldendorff Carriers - Singapore
- Coastal Gujarat Power Limited - India
- SMG Consultants - Indonesia
- CIMB Investment Bank - Malaysia
- Bharathi Cement Corporation - India
- India Bulls Power Limited - India
- Energy Link Ltd, New Zealand
- VISA Power Limited - India
- Sarangani Energy Corporation, Philippines
- Commonwealth Bank - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Carbofer General Trading SA - India
- Chettinad Cement Corporation Ltd - India
- Tata Chemicals Ltd - India
- Wilmar Investment Holdings
- Borneo Indobara - Indonesia
- Ind-Barath Power Infra Limited - India
- Bukit Baiduri Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Ministry of Transport, Egypt
- Parliament of New Zealand
- Pipit Mutiara Jaya. PT, Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Planning Commission, India
- Energy Development Corp, Philippines
- Ministry of Finance - Indonesia
- Kepco SPC Power Corporation, Philippines
- ASAPP Information Group - India
- Metalloyd Limited - United Kingdom
- The Treasury - Australian Government
- Standard Chartered Bank - UAE
- Petron Corporation, Philippines
- Sical Logistics Limited - India
- Bangladesh Power Developement Board
- Medco Energi Mining Internasional
- Global Green Power PLC Corporation, Philippines
- Goldman Sachs - Singapore
- Asmin Koalindo Tuhup - Indonesia
- South Luzon Thermal Energy Corporation
- Jindal Steel & Power Ltd - India
- San Jose City I Power Corp, Philippines
- Bhushan Steel Limited - India
- Salva Resources Pvt Ltd - India
- CNBM International Corporation - China
- Alfred C Toepfer International GmbH - Germany
- Marubeni Corporation - India
- White Energy Company Limited
- Globalindo Alam Lestari - Indonesia
- Attock Cement Pakistan Limited
- Mercuria Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Central Electricity Authority - India
- Central Java Power - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indogreen Group - Indonesia
- Interocean Group of Companies - India
- IEA Clean Coal Centre - UK
- PetroVietnam Power Coal Import and Supply Company
- Larsen & Toubro Limited - India
- Australian Coal Association
- IHS Mccloskey Coal Group - USA
- Straits Asia Resources Limited - Singapore
- Romanian Commodities Exchange
- Asia Pacific Energy Resources Ventures Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Tamil Nadu electricity Board
- Savvy Resources Ltd - HongKong
- Deloitte Consulting - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- The State Trading Corporation of India Ltd
- Thai Mozambique Logistica
- OPG Power Generation Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Xindia Steels Limited - India
- Gujarat Electricity Regulatory Commission - India
- PowerSource Philippines DevCo
- Bayan Resources Tbk. - Indonesia
- Grasim Industreis Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- MS Steel International - UAE
- Cigading International Bulk Terminal - Indonesia
- European Bulk Services B.V. - Netherlands
- Jaiprakash Power Ventures ltd
- Singapore Mercantile Exchange
- Georgia Ports Authority, United States
- Siam City Cement - Thailand
- Samtan Co., Ltd - South Korea
- Kartika Selabumi Mining - Indonesia
- Manunggal Multi Energi - Indonesia
- Orica Mining Services - Indonesia
- Formosa Plastics Group - Taiwan
- Edison Trading Spa - Italy
- Maheswari Brothers Coal Limited - India
- Rio Tinto Coal - Australia
- Star Paper Mills Limited - India
- Agrawal Coal Company - India
- Antam Resourcindo - Indonesia
- Uttam Galva Steels Limited - India
- Chamber of Mines of South Africa
- Petrochimia International Co. Ltd.- Taiwan
- Lanco Infratech Ltd - India
- Aditya Birla Group - India
- Eastern Coal Council - USA
- Eastern Energy - Thailand
- Kobexindo Tractors - Indoneisa
- Makarim & Taira - Indonesia
- Baramulti Group, Indonesia
- Intertek Mineral Services - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Sree Jayajothi Cements Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Latin American Coal - Colombia
- Sojitz Corporation - Japan
- Ceylon Electricity Board - Sri Lanka
|
| |
| |
|