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Saturday, 23 May 09
INDONESIA'S COAL OUTPUT SLUMPS IN Q1 ON LOWER PRICES, FALLING DEMAND - THE JAKARTA GLOBE
Falling international coal prices, bad weather and other problems cut first-quarter coal output by 50 percent to 30 million tons against an initial government target of 60 million tons, an Energy and Mineral Resources Ministry official said on Wednesday.
Bambang Gatot Arioyono, the director general of coal, mineral and geothermal energy, said big coal companies including PT Bumi Resources, Asia’s biggest coal exporter, as well as PT Adaro Energy, PT Berau Coal, PT Arutmin and PT Kaltim Prima Coal, had been hampered significantly. Many smaller companies, he said, have also been badly hit by the currently unfavorable market conditions.
“The current price must be affected by demand,” he said. “We are now urging producers to ramp up their production in the second quarter.”
Indonesia, the world’s second biggest coal exporter in 2007 after Australia, has been hit by falling export volumes and prices, and declining domestic demand, with the state electricity utility PLN predicting demand would fall by more than 10 percent as well, with its 10,000 megawatt generating-capacity expansion project well behind schedule.
"50 percent Jan-March collapse in production"
Although the government initially predicted that domestic consumption would rise by nearly 30 percent, from 52.57 million tons to 68.3 million, in March excess coal supply skyrocketed, with PLN reporting excess coal supplies at 50 days, more than double the usual 20-day supply. To read more The Jakarta Globe
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Monday, 25 May 09
MMTC TO IMPORT 12.5 MN TN COAL FOR NTPC
India's State-run trading firm MMTC Ltd will import 12.5 million tonnes of coal this fiscal for the country’s largest power producer, NTPC. M ...
Saturday, 23 May 09
THE SPOT SUPRAMAX CONTINUED TO BE FIRM - VISTAAR SINGAPORE
COALspot.com (Singapore) : VISTAAR Shipping Pte Limited, an experienced ship operator from Singapore, said, the beginning of the week continued ...
Saturday, 23 May 09
INDIAN GOVT PLANS TO BUILD FIVE COAL-BASED POWER PLANTS AT $3.5B TO END CRISIS - THE FINANCIAL EXPRESS
The government has started working on a plan to set up five coal-based power plants with combined capacity of 2,500 mega watt to solve the country' ...
Saturday, 23 May 09
INTERNATIONAL COAL VENTURES PVT LTD FORMED - INDIA SERVER
National Thermal Power Corporation Limited (NTPC Ltd), the largest thermal power generating company of India, has entered into a joint venture with ...
Friday, 22 May 09
CHURCHILL DOUBLES INDONESIAN COAL PROJECT RESOURCE ESTIMATE - STEEL GURU
Mining Weekly quoted Churchill Mining as saying that the resource at its East Kutai coal project in Indonesia has more than doubled to 3.18 billion ...
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- Edison Trading Spa - Italy
- Goldman Sachs - Singapore
- Energy Link Ltd, New Zealand
- Anglo American - United Kingdom
- PTC India Limited - India
- Samtan Co., Ltd - South Korea
- Malabar Cements Ltd - India
- Gujarat Sidhee Cement - India
- London Commodity Brokers - England
- Australian Commodity Traders Exchange
- Karaikal Port Pvt Ltd - India
- Commonwealth Bank - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Medco Energi Mining Internasional
- CNBM International Corporation - China
- Aboitiz Power Corporation - Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Standard Chartered Bank - UAE
- Petrochimia International Co. Ltd.- Taiwan
- Makarim & Taira - Indonesia
- Bangladesh Power Developement Board
- Larsen & Toubro Limited - India
- Indo Tambangraya Megah - Indonesia
- SN Aboitiz Power Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Parry Sugars Refinery, India
- Eastern Energy - Thailand
- Maheswari Brothers Coal Limited - India
- Star Paper Mills Limited - India
- Vizag Seaport Private Limited - India
- Minerals Council of Australia
- Tamil Nadu electricity Board
- OPG Power Generation Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Attock Cement Pakistan Limited
- Mercuria Energy - Indonesia
- Salva Resources Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- New Zealand Coal & Carbon
- Indian Energy Exchange, India
- TeaM Sual Corporation - Philippines
- PetroVietnam Power Coal Import and Supply Company
- Kapuas Tunggal Persada - Indonesia
- Oldendorff Carriers - Singapore
- The University of Queensland
- Semirara Mining and Power Corporation, Philippines
- Australian Coal Association
- Coal and Oil Company - UAE
- Orica Australia Pty. Ltd.
- Eastern Coal Council - USA
- Deloitte Consulting - India
- Rio Tinto Coal - Australia
- Indogreen Group - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Miang Besar Coal Terminal - Indonesia
- Kepco SPC Power Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Meenaskhi Energy Private Limited - India
- SMC Global Power, Philippines
- GAC Shipping (India) Pvt Ltd
- European Bulk Services B.V. - Netherlands
- Neyveli Lignite Corporation Ltd, - India
- Videocon Industries ltd - India
- Coalindo Energy - Indonesia
- Sical Logistics Limited - India
- Parliament of New Zealand
- Singapore Mercantile Exchange
- Wood Mackenzie - Singapore
- Coastal Gujarat Power Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Ministry of Transport, Egypt
- Thiess Contractors Indonesia
- Economic Council, Georgia
- Petron Corporation, Philippines
- India Bulls Power Limited - India
- Metalloyd Limited - United Kingdom
- MS Steel International - UAE
- Tata Chemicals Ltd - India
- Electricity Generating Authority of Thailand
- SMG Consultants - Indonesia
- The State Trading Corporation of India Ltd
- Ceylon Electricity Board - Sri Lanka
- Kobexindo Tractors - Indoneisa
- Planning Commission, India
- Grasim Industreis Ltd - India
- Aditya Birla Group - India
- Baramulti Group, Indonesia
- Heidelberg Cement - Germany
- TNB Fuel Sdn Bhd - Malaysia
- GVK Power & Infra Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Dalmia Cement Bharat India
- Binh Thuan Hamico - Vietnam
- Manunggal Multi Energi - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Straits Asia Resources Limited - Singapore
- Bukit Makmur.PT - Indonesia
- Sojitz Corporation - Japan
- Semirara Mining Corp, Philippines
- Simpson Spence & Young - Indonesia
- Global Green Power PLC Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Bhatia International Limited - India
- Vedanta Resources Plc - India
- Indian Oil Corporation Limited
- PNOC Exploration Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- Energy Development Corp, Philippines
- Timah Investasi Mineral - Indoneisa
- Ambuja Cements Ltd - India
- White Energy Company Limited
- The Treasury - Australian Government
- Renaissance Capital - South Africa
- Mjunction Services Limited - India
- Chettinad Cement Corporation Ltd - India
- Bharathi Cement Corporation - India
- ASAPP Information Group - India
- Jaiprakash Power Ventures ltd
- Global Coal Blending Company Limited - Australia
- Riau Bara Harum - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- ICICI Bank Limited - India
- Bayan Resources Tbk. - Indonesia
- South Luzon Thermal Energy Corporation
- Asmin Koalindo Tuhup - Indonesia
- Lanco Infratech Ltd - India
- Electricity Authority, New Zealand
- Savvy Resources Ltd - HongKong
- PowerSource Philippines DevCo
- Meralco Power Generation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kaltim Prima Coal - Indonesia
- Kideco Jaya Agung - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Barasentosa Lestari - Indonesia
- GMR Energy Limited - India
- Africa Commodities Group - South Africa
- Bulk Trading Sa - Switzerland
- Cement Manufacturers Association - India
- Kohat Cement Company Ltd. - Pakistan
- Price Waterhouse Coopers - Russia
- Directorate Of Revenue Intelligence - India
- Interocean Group of Companies - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- AsiaOL BioFuels Corp., Philippines
- Maharashtra Electricity Regulatory Commission - India
- Bhoruka Overseas - Indonesia
- Mercator Lines Limited - India
- IEA Clean Coal Centre - UK
- McConnell Dowell - Australia
- Pendopo Energi Batubara - Indonesia
- Sakthi Sugars Limited - India
- Bukit Baiduri Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Central Electricity Authority - India
- Toyota Tsusho Corporation, Japan
- Iligan Light & Power Inc, Philippines
- CIMB Investment Bank - Malaysia
- Latin American Coal - Colombia
- Ind-Barath Power Infra Limited - India
- Sarangani Energy Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Orica Mining Services - Indonesia
- Kartika Selabumi Mining - Indonesia
- LBH Netherlands Bv - Netherlands
- Intertek Mineral Services - Indonesia
- Jindal Steel & Power Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Krishnapatnam Port Company Ltd. - India
- Sinarmas Energy and Mining - Indonesia
- Georgia Ports Authority, United States
- Bahari Cakrawala Sebuku - Indonesia
- Banpu Public Company Limited - Thailand
- Globalindo Alam Lestari - Indonesia
- Antam Resourcindo - Indonesia
- Mintek Dendrill Indonesia
- Ministry of Mines - Canada
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Business Power Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Agrawal Coal Company - India
- Jorong Barutama Greston.PT - Indonesia
- Posco Energy - South Korea
- Trasteel International SA, Italy
- Holcim Trading Pte Ltd - Singapore
- Kumho Petrochemical, South Korea
- Altura Mining Limited, Indonesia
- Carbofer General Trading SA - India
- Marubeni Corporation - India
- Power Finance Corporation Ltd., India
- International Coal Ventures Pvt Ltd - India
- Romanian Commodities Exchange
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Xindia Steels Limited - India
- Borneo Indobara - Indonesia
- Thai Mozambique Logistica
- Wilmar Investment Holdings
- Indonesian Coal Mining Association
- Sree Jayajothi Cements Limited - India
- Independent Power Producers Association of India
- San Jose City I Power Corp, Philippines
- Madhucon Powers Ltd - India
- Chamber of Mines of South Africa
- Indika Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Siam City Cement - Thailand
- Formosa Plastics Group - Taiwan
- Ministry of Finance - Indonesia
- Uttam Galva Steels Limited - India
- VISA Power Limited - India
- Therma Luzon, Inc, Philippines
- Bhushan Steel Limited - India
- Port Waratah Coal Services - Australia
- Central Java Power - Indonesia
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