COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Saturday, 15 January 11
RISING PRICES, GOVERNMENT DECREE LEAVE PLN AT LOGGERHEADS WITH COAL FIRMS - THE JAKARTA GLOBE


The Jakarta Globe reported that, As coal prices continue to increase, state utility Perusahaan Listrik Negara faces problems in securing enough coal to meet power demands, a top executive said.

“We are in a dilemma now. The increasing price of coal is a real problem,” PLN chairman Dahlan Iskan said on Thursday.

High coal prices, he said, will in turn force the company to bear high operating costs.

Prices at Australia’s Newcastle port, a benchmark for Asia, rose 8 percent to $129.9 per metric ton as of Jan. 7, up from $119.47 per metric ton in December. The price of 6,322 cal/kg coal is $112.4 per metric ton, up from $103.4 per metric ton in December .

PLN has contracts with 53 suppliers to secure 55.8 million tons of coal to fuel its power plants, but Dahlan said it is at a crossroads with the rising prices.

Nur Pamudji, PLN’s director of primary energy, said it would demand producers honor the coal price stated in an Energy Ministry decree.

“The decree says that the price of coal in 2011 depends on 2010’s fourth-quarter average,” Nur said.

The average price in December was $103.4 per metric ton, but the Indonesian Coal Mining Association (APBI) said coal companies had no choice but to increase their prices.

“International coal prices keep increasing, so we have to sell according to global prices,” said the APBI’s executive director, Supriatna Suhala.

Harsh winter weather and floods in Australia caused coal prices to rise, Supriatna said, adding that prices could reach $120 per metric ton this year.

Fabby Tumiwa, an energy analyst from the Institute of Essential Services Reform, said PLN should recalculate its operational costs “because the assumptions are totally different from the state budget.”

PLN must raise electricity prices and demand more subsidies from the government, he said.

It will receive Rp 41.2 trillion ($4.6 billion) in electricity subsidies this year, down from Rp 55.1 trillion in 2010. “I think the government has to support PLN to keep it alive,” he said.
Source: The Jakarta Globe



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Saturday, 29 January 11
ANTAM ACQUIRES SAROLANGUN COAL MINING
According to Insider Stories, Nickel and gold miner PT Aneka Tambang Tbk (Antam) of Indonesia via its subsidiary PT Indonesia Coal Resources (ICR) h ...


Friday, 28 January 11
MPM SEEKS 40K TONS OF INDONESIAN COAL
An Indian paper producer Mysore Paper Mills Ltd., based in Bangalore is looking for  40,000 metric tons of non-coking coal of Indonesian o ...


Friday, 28 January 11
TRADING PERMIT DELAYS THREATEN EXPORTS - THE JAKARTA GLOBE
The Jakarta Globe reported that, an ongoing wrangle over licenses for mining traders could hurt investment, a coal mining association chief said on ...


Friday, 28 January 11
DRY BULK MARKET CLOSING IN TOWARDS CRISIS LEVELS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The trials and tribulations of the dry bulk market seem to have no end during the first month of 2011, as the industry’s benchmark, the Baltic ...


Wednesday, 26 January 11
ADANI TO SET-UP RAIL, PORT AND POWER PROJECTS IN INDONESIA - MONEYCONTROL
Moneycontrol reported that, Adani Enterprises, the flagship company of India’s infrastructure conglomerate the Adani Group, today announced th ...


   1080 1081 1082 1083 1084   
Showing 5406 to 5410 news of total 6871
News by Category
Popular News
 
Total Members : 28,706
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Cebu Energy, Philippines
  • Mjunction Services Limited - India
  • Vijayanagar Sugar Pvt Ltd - India
  • Bharathi Cement Corporation - India
  • Grasim Industreis Ltd - India
  • Asian Development Bank
  • Maersk Broker
  • Maybank - Singapore
  • Gujarat Electricity Regulatory Commission - India
  • Billiton Holdings Pty Ltd - Australia
  • HSBC - Hong Kong
  • Cement Manufacturers Association - India
  • TNPL - India
  • Indonesian Coal Mining Association
  • Ministry of Mines - Canada
  • Wood Mackenzie - Singapore
  • Eastern Energy - Thailand
  • Coeclerici Indonesia
  • Mercator Lines Limited - India
  • Singapore Mercantile Exchange
  • Therma Luzon, Inc, Philippines
  • Kideco Jaya Agung - Indonesia
  • South Luzon Thermal Energy Corporation
  • Sical Logistics Limited - India
  • Madhucon Powers Ltd - India
  • London Commodity Brokers - England
  • Ince & co LLP
  • Semirara Mining Corp, Philippines
  • TeaM Sual Corporation - Philippines
  • Orica Mining Services - Indonesia
  • bp singapore
  • PLN - Indonesia
  • Adani Power Ltd - India
  • Globalindo Alam Lestari - Indonesia
  • PowerSource Philippines DevCo
  • Russian Coal LLC
  • Global Business Power Corporation, Philippines
  • Chamber of Mines of South Africa
  • NTPC Limited - India
  • U S Energy Resources
  • Leighton Contractors Pty Ltd - Australia
  • Kobe Steel Ltd - Japan
  • Total Coal South Africa
  • Wilmar Investment Holdings
  • Oldendorff Carriers - Singapore
  • Agrawal Coal Company - India
  • Siam City Cement PLC, Thailand
  • Mitsui
  • KPCL - India
  • Petrochimia International Co. Ltd.- Taiwan
  • Berau Coal - Indonesia
  • CESC Limited - India
  • Meralco Power Generation, Philippines
  • Runge Indonesia
  • Tamil Nadu electricity Board
  • World Bank
  • The India Cements Ltd
  • Vale Mozambique
  • Directorate Of Revenue Intelligence - India
  • Krishnapatnam Port Company Ltd. - India
  • Lanco Infratech Ltd - India
  • Gujarat Mineral Development Corp Ltd - India
  • Riau Bara Harum - Indonesia
  • Pendopo Energi Batubara - Indonesia
  • Port Waratah Coal Services - Australia
  • ASAPP Information Group - India
  • Georgia Ports Authority, United States
  • GVK Power & Infra Limited - India
  • Mechel - Russia
  • Vedanta Resources Plc - India
  • Core Mineral Indonesia
  • Electricity Generating Authority of Thailand
  • Central Electricity Authority - India
  • EMO - The Netherlands
  • Bangkok Bank PCL
  • Platts
  • Geoservices-GeoAssay Lab
  • Indo Tambangraya Megah - Indonesia
  • Eastern Coal Council - USA
  • Moodys - Singapore
  • Sarangani Energy Corporation, Philippines
  • UOB Asia (HK) Ltd
  • Timah Investasi Mineral - Indoneisa
  • India Bulls Power Limited - India
  • Coal India Limited
  • Miang Besar Coal Terminal - Indonesia
  • Coastal Gujarat Power Limited - India
  • Kohat Cement Company Ltd. - Pakistan
  • Minerals Council of Australia
  • Savvy Resources Ltd - HongKong
  • IEA Clean Coal Centre - UK
  • SMG Consultants - Indonesia
  • Bahari Cakrawala Sebuku - Indonesia
  • European Bulk Services B.V. - Netherlands
  • Bank of America
  • Meenaskhi Energy Private Limited - India
  • Coaltrans Conferences
  • ICICI Bank Limited - India
  • Directorate General of MIneral and Coal - Indonesia
  • Marubeni Corporation - India
  • Cosco
  • Sojitz Corporation - Japan
  • Binh Thuan Hamico - Vietnam
  • Videocon Industries ltd - India
  • Britmindo - Indonesia
  • EIA - United States
  • Petron Corporation, Philippines
  • SRK Consulting
  • Bukit Baiduri Energy - Indonesia
  • Panama Canal Authority
  • Baramulti Group, Indonesia
  • Maharashtra Electricity Regulatory Commission - India
  • Peabody Energy - USA
  • Banpu Public Company Limited - Thailand
  • ETA - Dubai
  • New Zealand Coal & Carbon
  • UBS Singapore
  • McConnell Dowell - Australia
  • Credit Suisse - India
  • globalCOAL - UK
  • SGS (Thailand) Limited
  • Cargill India Pvt Ltd
  • ING Bank NV - Singapore
  • International Coal Ventures Pvt Ltd - India
  • Qatrana Cement - Jordan
  • Bhoruka Overseas - Indonesia
  • TNB Fuel Sdn Bhd - Malaysia
  • Straits Asia Resources Limited - Singapore
  • Thai Mozambique Logistica
  • Jindal Steel & Power Ltd - India
  • GMR Energy Limited - India
  • Sucofindo - Indonesia
  • Ministry of Transport, Egypt
  • Rudhra Energy - India
  • Xindia Steels Limited - India
  • Deutsche Bank - India
  • Antam Resourcindo - Indonesia
  • Attock Cement Pakistan Limited
  • Orica Australia Pty. Ltd.
  • Ernst & Young Pvt. Ltd.
  • Kalimantan Lumbung Energi - Indonesia
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Rashtriya Ispat Nigam Limited - India
  • Indorama - Singapore
  • Permata Bank - Indonesia
  • Petrosea - Indonesia
  • McKinsey & Co - India
  • Parliament of New Zealand
  • Thailand Anthracite
  • PetroVietnam
  • WorleyParsons
  • Adaro Indonesia
  • Power Finance Corporation Ltd., India
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Clarksons - UK
  • World Coal - UK
  • Ceylon Electricity Board - Sri Lanka
  • CNBM International Corporation - China
  • PLN Batubara - Indonesia
  • Cardiff University - UK
  • Posco Energy - South Korea
  • Tata Power - India
  • Arutmin Indonesia
  • Japan Coal Energy Center
  • Commonwealth Bank - Australia
  • Enel Italy
  • Asia Cement - Taiwan
  • Vitol - Bahrain
  • Star Paper Mills Limited - India
  • Kapuas Tunggal Persada - Indonesia
  • JPower - Japan
  • DBS Bank - Singapore
  • Inspectorate - India
  • Ministry of Finance - Indonesia
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Surastha Cement
  • Thermax Limited - India
  • Essar Steel Hazira Ltd - India
  • Coalindo Energy - Indonesia
  • ANZ Bank - Australia
  • IOL Indonesia
  • San Jose City I Power Corp, Philippines
  • CoalTek, United States
  • Edison Trading Spa - Italy
  • Intertek Mineral Services - Indonesia
  • Cigading International Bulk Terminal - Indonesia
  • Iligan Light & Power Inc, Philippines
  • Platou - Singapore
  • Merrill Lynch Bank
  • Bukit Makmur.PT - Indonesia
  • Electricity Authority, New Zealand
  • Karbindo Abesyapradhi - Indoneisa
  • Makarim & Taira - Indonesia
  • Mintek Dendrill Indonesia
  • Mitsubishi Corporation
  • White Energy Company Limited
  • OPG Power Generation Pvt Ltd - India
  • APGENCO India
  • Medco Energi Mining Internasional
  • TANGEDCO India
  • Global Green Power PLC Corporation, Philippines
  • TGV SRAAC LIMITED, India
  • JPMorgan - India
  • Indogreen Group - Indonesia
  • Deloitte Consulting - India
  • Pipit Mutiara Jaya. PT, Indonesia
  • Indonesia Power. PT
  • Sree Jayajothi Cements Limited - India
  • Central Java Power - Indonesia
  • Maruti Cements - India
  • Australian Coal Association
  • Rio Tinto Coal - Australia
  • Mercuria Energy - Indonesia
  • Karaikal Port Pvt Ltd - India
  • Semirara Mining and Power Corporation, Philippines
  • AsiaOL BioFuels Corp., Philippines
  • Jorong Barutama Greston.PT - Indonesia
  • CIMB Investment Bank - Malaysia
  • Indian School of Mines
  • Bukit Asam (Persero) Tbk - Indonesia
  • Economic Council, Georgia
  • GHCL Limited - India
  • Kepco SPC Power Corporation, Philippines
  • PetroVietnam Power Coal Import and Supply Company
  • GNFC Limited - India
  • Noble Europe Ltd - UK
  • Africa Commodities Group - South Africa
  • Dalmia Cement Bharat India
  • Thiess Contractors Indonesia
  • Latin American Coal - Colombia
  • IMC Shipping - Singapore
  • Vizag Seaport Private Limited - India
  • BNP Paribas - Singapore
  • Tata Chemicals Ltd - India
  • RBS Sempra - UK
  • Salva Resources Pvt Ltd - India
  • Alfred C Toepfer International GmbH - Germany
  • Planning Commission, India
  • Infraline Energy - India
  • Indian Oil Corporation Limited
  • Energy Development Corp, Philippines
  • KEPCO - South Korea
  • MS Steel International - UAE
  • Larsen & Toubro Limited - India
  • Standard Chartered Bank - UAE
  • Glencore India Pvt. Ltd
  • Barclays Capital - USA
  • Bhatia International Limited - India
  • PNOC Exploration Corporation - Philippines
  • OCBC - Singapore
  • Australian Commodity Traders Exchange
  • Kumho Petrochemical, South Korea
  • Simpson Spence & Young - Indonesia
  • Pinang Coal Indonesia
  • Formosa Plastics Group - Taiwan
  • Coal Orbis AG
  • SN Aboitiz Power Inc, Philippines
  • Sakthi Sugars Limited - India
  • Bangladesh Power Developement Board
  • Indika Energy - Indonesia
  • KPMG - USA
  • Holcim Trading Pte Ltd - Singapore
  • IHS Mccloskey Coal Group - USA
  • Energy Link Ltd, New Zealand
  • Neyveli Lignite Corporation Ltd, - India
  • Bhushan Steel Limited - India
  • Lafarge - France
  • Aboitiz Power Corporation - Philippines
  • Arch Coal - USA
  • Xstrata Coal
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Anglo American - United Kingdom
  • Gupta Coal India Ltd
  • Tanito Harum - Indonesia
  • Samsung - South Korea
  • ACC Limited - India
  • Asmin Koalindo Tuhup - Indonesia
  • Thomson Reuters GRC
  • Jatenergy - Australia
  • Barasentosa Lestari - Indonesia
  • SUEK AG - Indonesia
  • Bulk Trading Sa - Switzerland
  • Ambuja Cements Ltd - India
  • Fearnleys - India
  • Kobexindo Tractors - Indoneisa
  • Renaissance Capital - South Africa
  • Shree Cement - India
  • Freeport Indonesia
  • Thriveni
  • CCIC - Indonesia
  • Merrill Lynch Commodities Europe
  • SMC Global Power, Philippines
  • Inco-Indonesia
  • LBH Netherlands Bv - Netherlands
  • Toyota Tsusho Corporation, Japan
  • GB Group - China
  • Gresik Semen - Indonesia
  • GAC Shipping (India) Pvt Ltd
  • Samtan Co., Ltd - South Korea
  • IBC Asia (S) Pte Ltd
  • Romanian Commodities Exchange
  • Gujarat Sidhee Cement - India
  • Manunggal Multi Energi - Indonesia
  • Metalloyd Limited - United Kingdom
  • Shenhua Group - China
  • Kartika Selabumi Mining - Indonesia
  • Global Coal Blending Company Limited - Australia
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Siam City Cement - Thailand
  • Sinarmas Energy and Mining - Indonesia
  • Bayan Resources Tbk. - Indonesia
  • Ind-Barath Power Infra Limited - India
  • Parry Sugars Refinery, India
  • GN Power Mariveles Coal Plant, Philippines
  • The University of Queensland
  • BRS Brokers - Singapore
  • Price Waterhouse Coopers - Russia
  • Trasteel International SA, Italy
  • Malabar Cements Ltd - India
  • TRAFIGURA, South Korea
  • Reliance Power - India
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • NALCO India
  • Uttam Galva Steels Limited - India
  • VISA Power Limited - India
  • MEC Coal - Indonesia
  • Malco - India
  • PTC India Limited - India
  • Maheswari Brothers Coal Limited - India
  • Coal and Oil Company - UAE
  • Cemex - Philippines
  • Idemitsu - Japan
  • Indian Energy Exchange, India
  • Carbofer General Trading SA - India
  • Kaltim Prima Coal - Indonesia
  • The Treasury - Australian Government
  • Bank of China, Malaysia
  • Argus Media - Singapore
  • Interocean Group of Companies - India
  • Borneo Indobara - Indonesia
  • Sindya Power Generating Company Private Ltd
  • Jaiprakash Power Ventures ltd
  • The State Trading Corporation of India Ltd
  • Goldman Sachs - Singapore
  • SASOL - South Africa
  • Altura Mining Limited, Indonesia
  • Mitra SK Pvt Ltd - India
  • KOWEPO - South Korea
  • Aditya Birla Group - India
  • Humpuss - Indonesia
  • Chettinad Cement Corporation Ltd - India
  • Heidelberg Cement - Germany
  • Independent Power Producers Association of India
  • J M Baxi & Co - India