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Friday, 12 August 11
COAL MINERS WILL ALLOW TO CONSTRUCT MINE MOUTH POWER PLANT
 COALspot.com - The government is set to draft a regulation to enable construction of steam-fired power plants (PLTU) by coal mining companies for the domestic markets to use the benefit of low rank coal. This move may be the solution of the government plan to ban low rank coal export with effect from 2014.
Director General of Mineral and Coal of the Ministry of Energy and Mineral Resources Thamrin Sihite said, the domestic market obligation (DMO) ration is 24-25% only, which is still low. Driving up a DMO simultaneously no export of the low rank coal is required, the government is preparing a policy allowing coal entrepreneurs to build a PLTU.
“That will be really where it will stand in the time ahead, and the DMO and its electrification ratio can be boosted while the low rank coal can be tapped domestically,” he said in Jakarta, Thursday (11/8).
If the coal entrepreneurs may build a PLTU, Thamrin pointed out, the low rank coal used to be exported is accessible for fuel to generate power generators. “If the domestic consumption is in place, such low rank coal needs no export,” he said.
However, the PLTU construction by coal mining entrepreneurs is only one of the government solutions. The government considers several things involved in the low rank coal export ban.
Thamrin said the government is still calculating the state revenues from the coal royalties if the low rank coal is banned from export. The coal export by now generates greater revenues for the state.
“But we must also take into account domestically. How this coal can be used at home to shoot up the electrification ratio or other needs. That’s would be better than export,” he clarified.
The government, as Thamrin continued, still considers the investments incurred by entrepreneurs and agreed upon contracts. Others considered are the environment, conservation and the regional governments.
He said if mining companies cease to produce due to such an export ban, the government revenues will be diminished. “Still having a lot of considerations to decide to what extent export is permitted and banned,” he said.
This government plan gains support from the Indonesian Coal Mining Association (ICMA). According to ICMA’s Executive Director Suhala Supriatna, an obligation to build a PLTU is a better choice than upgrading low rank coal as technology to build PLTUs is more proven than upgrading.
However, he calls certainty of power purchase by PT PLN to build PLTUs. Most of coal entrepreneurs are committed to buildsmall-scale power generators. Some of them in Kalimantan, such as Berau Coal and KPC, have even erected 15 mw PLTUs. “The only thing that matters for us is, PLN is willing to buy power,” he said.
Such PLTUs, he said, can be built only in small size. One reason being that power consumption in Sumatera and Kalimantan is not considerable, let alone no inter-city power interconnection grid in there.
To contact the reporter responsible on this story: Efendi at efendi@coalspot.com.
Translation - WB
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Monday, 15 August 11
INDIAS MALABAR CEMENTS SEEK TO IMPORT 40,000 TONS OF COAL
COALspot.com - Malabar Cements Ltd., India's Keralaa government owned cement factory is seeking to import 40K metric tons of non-coking coal throug ...
Sunday, 14 August 11
SUPRAMAX CHARTER RATES SHARPLY UP - CAPT.REDDY
COALspot.com - The BDI ended positive with gains in Cape and Panamax index. The BDI was up by 1.50 pct and the cape and panamax index was up by almo ...
Saturday, 13 August 11
GMR HAS ENTERED INTO CSPA WITH GEMS TO ACQUIRE 30% STAKE
COALspot.com - GMR Infrastructure Investments (Singapore) Pte Ltd, a subsidiary of GMR Infrastructure, has signed conditional sale and purchase agre ...
Friday, 12 August 11
CAPESIZE DEMAND HELPS LIFTING OF DRY BULK MARKET - HELLENIC SHIPPING NEWS
The dry bulk market has recovered a small fraction of its lost ground this week, with higher returns as a result of increased capesize demand. This ...
Thursday, 11 August 11
INDO TAMBANGRAYA 1H NET PROFIT SOARS 53.09%
Coal miner PT Indo Tambangraya Megah Tbk (ITMG) today reported a 53.09% jump in net profit for the first 6 months of this year on the back of higher ...
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- Medco Energi Mining Internasional
- Karaikal Port Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- New Zealand Coal & Carbon
- Kalimantan Lumbung Energi - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Eastern Coal Council - USA
- Mercuria Energy - Indonesia
- Semirara Mining Corp, Philippines
- The State Trading Corporation of India Ltd
- Bhoruka Overseas - Indonesia
- Sarangani Energy Corporation, Philippines
- Orica Mining Services - Indonesia
- Port Waratah Coal Services - Australia
- Bangladesh Power Developement Board
- Deloitte Consulting - India
- TeaM Sual Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Africa Commodities Group - South Africa
- PNOC Exploration Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- European Bulk Services B.V. - Netherlands
- Price Waterhouse Coopers - Russia
- Ministry of Finance - Indonesia
- The Treasury - Australian Government
- Minerals Council of Australia
- Karbindo Abesyapradhi - Indoneisa
- Georgia Ports Authority, United States
- Chettinad Cement Corporation Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Maheswari Brothers Coal Limited - India
- Siam City Cement PLC, Thailand
- Holcim Trading Pte Ltd - Singapore
- Formosa Plastics Group - Taiwan
- SN Aboitiz Power Inc, Philippines
- Lanco Infratech Ltd - India
- Romanian Commodities Exchange
- Larsen & Toubro Limited - India
- Ind-Barath Power Infra Limited - India
- Rashtriya Ispat Nigam Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Mercator Lines Limited - India
- Energy Development Corp, Philippines
- Goldman Sachs - Singapore
- Therma Luzon, Inc, Philippines
- The University of Queensland
- Thai Mozambique Logistica
- GN Power Mariveles Coal Plant, Philippines
- Global Coal Blending Company Limited - Australia
- Vizag Seaport Private Limited - India
- Barasentosa Lestari - Indonesia
- Indika Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Cement Manufacturers Association - India
- Global Business Power Corporation, Philippines
- Standard Chartered Bank - UAE
- Singapore Mercantile Exchange
- PowerSource Philippines DevCo
- Madhucon Powers Ltd - India
- Bukit Makmur.PT - Indonesia
- Meralco Power Generation, Philippines
- Marubeni Corporation - India
- Sinarmas Energy and Mining - Indonesia
- Dalmia Cement Bharat India
- Economic Council, Georgia
- Gujarat Sidhee Cement - India
- Petron Corporation, Philippines
- Renaissance Capital - South Africa
- McConnell Dowell - Australia
- Kumho Petrochemical, South Korea
- Maharashtra Electricity Regulatory Commission - India
- Agrawal Coal Company - India
- Kobexindo Tractors - Indoneisa
- Electricity Generating Authority of Thailand
- PetroVietnam Power Coal Import and Supply Company
- Bharathi Cement Corporation - India
- Pendopo Energi Batubara - Indonesia
- Timah Investasi Mineral - Indoneisa
- Tata Chemicals Ltd - India
- Anglo American - United Kingdom
- Siam City Cement - Thailand
- Altura Mining Limited, Indonesia
- Jaiprakash Power Ventures ltd
- Neyveli Lignite Corporation Ltd, - India
- Bhushan Steel Limited - India
- White Energy Company Limited
- Ambuja Cements Ltd - India
- Samtan Co., Ltd - South Korea
- Indogreen Group - Indonesia
- Interocean Group of Companies - India
- Toyota Tsusho Corporation, Japan
- SMG Consultants - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Planning Commission, India
- London Commodity Brokers - England
- Banpu Public Company Limited - Thailand
- LBH Netherlands Bv - Netherlands
- PTC India Limited - India
- Vedanta Resources Plc - India
- Makarim & Taira - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kepco SPC Power Corporation, Philippines
- Coastal Gujarat Power Limited - India
- SMC Global Power, Philippines
- Parry Sugars Refinery, India
- Chamber of Mines of South Africa
- Asmin Koalindo Tuhup - Indonesia
- Energy Link Ltd, New Zealand
- GVK Power & Infra Limited - India
- IEA Clean Coal Centre - UK
- Kohat Cement Company Ltd. - Pakistan
- Sojitz Corporation - Japan
- Latin American Coal - Colombia
- Directorate General of MIneral and Coal - Indonesia
- Electricity Authority, New Zealand
- Bukit Baiduri Energy - Indonesia
- Simpson Spence & Young - Indonesia
- CIMB Investment Bank - Malaysia
- Gujarat Electricity Regulatory Commission - India
- Leighton Contractors Pty Ltd - Australia
- Uttam Galva Steels Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Wilmar Investment Holdings
- Directorate Of Revenue Intelligence - India
- Kideco Jaya Agung - Indonesia
- Riau Bara Harum - Indonesia
- Parliament of New Zealand
- Grasim Industreis Ltd - India
- Coal and Oil Company - UAE
- Merrill Lynch Commodities Europe
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Orica Australia Pty. Ltd.
- Trasteel International SA, Italy
- Indonesian Coal Mining Association
- Kaltim Prima Coal - Indonesia
- OPG Power Generation Pvt Ltd - India
- Independent Power Producers Association of India
- Indian Energy Exchange, India
- Bhatia International Limited - India
- Manunggal Multi Energi - Indonesia
- ASAPP Information Group - India
- Salva Resources Pvt Ltd - India
- Videocon Industries ltd - India
- Ministry of Mines - Canada
- Essar Steel Hazira Ltd - India
- Carbofer General Trading SA - India
- Attock Cement Pakistan Limited
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Wood Mackenzie - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- CNBM International Corporation - China
- Antam Resourcindo - Indonesia
- India Bulls Power Limited - India
- Xindia Steels Limited - India
- Mintek Dendrill Indonesia
- Indo Tambangraya Megah - Indonesia
- Global Green Power PLC Corporation, Philippines
- Ministry of Transport, Egypt
- Ceylon Electricity Board - Sri Lanka
- Commonwealth Bank - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Petrochimia International Co. Ltd.- Taiwan
- Indian Oil Corporation Limited
- Edison Trading Spa - Italy
- Sical Logistics Limited - India
- GAC Shipping (India) Pvt Ltd
- Sindya Power Generating Company Private Ltd
- Malabar Cements Ltd - India
- Aditya Birla Group - India
- Globalindo Alam Lestari - Indonesia
- ICICI Bank Limited - India
- Kartika Selabumi Mining - Indonesia
- Eastern Energy - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Rio Tinto Coal - Australia
- Australian Commodity Traders Exchange
- Sakthi Sugars Limited - India
- Alfred C Toepfer International GmbH - Germany
- Miang Besar Coal Terminal - Indonesia
- Power Finance Corporation Ltd., India
- Cigading International Bulk Terminal - Indonesia
- Posco Energy - South Korea
- Jorong Barutama Greston.PT - Indonesia
- Iligan Light & Power Inc, Philippines
- Oldendorff Carriers - Singapore
- Coalindo Energy - Indonesia
- Baramulti Group, Indonesia
- VISA Power Limited - India
- Heidelberg Cement - Germany
- Krishnapatnam Port Company Ltd. - India
- Bulk Trading Sa - Switzerland
- Mjunction Services Limited - India
- South Luzon Thermal Energy Corporation
- Intertek Mineral Services - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Savvy Resources Ltd - HongKong
- Central Electricity Authority - India
- Tamil Nadu electricity Board
- GMR Energy Limited - India
- Straits Asia Resources Limited - Singapore
- Thiess Contractors Indonesia
- Australian Coal Association
- MS Steel International - UAE
- Metalloyd Limited - United Kingdom
- Aboitiz Power Corporation - Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- San Jose City I Power Corp, Philippines
- Meenaskhi Energy Private Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Star Paper Mills Limited - India
- Kapuas Tunggal Persada - Indonesia
- Borneo Indobara - Indonesia
- Central Java Power - Indonesia
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