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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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Tuesday, 09 August 11
DRY BULK MARKET UNABLE TO FIND UPWARD MOMENTUM, SLUMPS AGAIN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
They same that what goes up must come down and nobody seems to have found a better application of this expression, than the beleguered dry bulk mark ...
Monday, 08 August 11
OIL PRICES ARE SOFTENING, WILL IT INFLUENCE COAL PRICES?
COALspot.com - The current global economic condition is in volatility after a little chance of optimism for economic recovery.
Oil price at ...
Monday, 08 August 11
A SUPRAMAX VESSEL WAS REPORTED FIXED AT $ 12K - VISTAAR
COALspot.com - The BDI was slightly up by about 4 points closed at 1268 points which was supported by cape index which was up 3.14 pct and closed at ...
Saturday, 06 August 11
NTPC IS CONSIDERING TO ENTER INTO 25 YEARS COAL PURCHASE AGREEMENT
Indian, State-run power producer NTPC's present annual consumption is 164 million tonnes, and company is considering long-term agreements abroad to ...
Friday, 05 August 11
RIO TINTO SIGNS MOU WITH JINDAL STEEL AND POWER ON ADVANCING HISMELT TECHNOLOGY
Press Release - Rio Tinto has signed a Memorandum of Understanding (MoU) with Jindal Steel and Power Limited (JSPL) to take the next step in g ...
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- Coastal Gujarat Power Limited - India
- Sical Logistics Limited - India
- Parliament of New Zealand
- Sree Jayajothi Cements Limited - India
- Medco Energi Mining Internasional
- Ind-Barath Power Infra Limited - India
- VISA Power Limited - India
- Thiess Contractors Indonesia
- GVK Power & Infra Limited - India
- Interocean Group of Companies - India
- Global Green Power PLC Corporation, Philippines
- White Energy Company Limited
- Salva Resources Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- The State Trading Corporation of India Ltd
- Mercator Lines Limited - India
- The University of Queensland
- Essar Steel Hazira Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Bhatia International Limited - India
- Australian Commodity Traders Exchange
- Larsen & Toubro Limited - India
- Bhushan Steel Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- TeaM Sual Corporation - Philippines
- Lanco Infratech Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Kepco SPC Power Corporation, Philippines
- Indogreen Group - Indonesia
- Siam City Cement - Thailand
- Coal and Oil Company - UAE
- Ministry of Finance - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- IEA Clean Coal Centre - UK
- New Zealand Coal & Carbon
- ICICI Bank Limited - India
- Sojitz Corporation - Japan
- Meralco Power Generation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- OPG Power Generation Pvt Ltd - India
- Uttam Galva Steels Limited - India
- LBH Netherlands Bv - Netherlands
- Electricity Generating Authority of Thailand
- Bharathi Cement Corporation - India
- Bangladesh Power Developement Board
- Kaltim Prima Coal - Indonesia
- CIMB Investment Bank - Malaysia
- Holcim Trading Pte Ltd - Singapore
- Orica Australia Pty. Ltd.
- Samtan Co., Ltd - South Korea
- Tamil Nadu electricity Board
- Offshore Bulk Terminal Pte Ltd, Singapore
- Maheswari Brothers Coal Limited - India
- Latin American Coal - Colombia
- Economic Council, Georgia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Wood Mackenzie - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Banpu Public Company Limited - Thailand
- Renaissance Capital - South Africa
- PowerSource Philippines DevCo
- Australian Coal Association
- Heidelberg Cement - Germany
- Sindya Power Generating Company Private Ltd
- Semirara Mining and Power Corporation, Philippines
- Mercuria Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- Kumho Petrochemical, South Korea
- ASAPP Information Group - India
- South Luzon Thermal Energy Corporation
- Power Finance Corporation Ltd., India
- Rio Tinto Coal - Australia
- Indika Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Directorate Of Revenue Intelligence - India
- Bukit Makmur.PT - Indonesia
- Romanian Commodities Exchange
- Price Waterhouse Coopers - Russia
- Borneo Indobara - Indonesia
- Manunggal Multi Energi - Indonesia
- The Treasury - Australian Government
- Vedanta Resources Plc - India
- Antam Resourcindo - Indonesia
- Energy Development Corp, Philippines
- Billiton Holdings Pty Ltd - Australia
- Global Business Power Corporation, Philippines
- Merrill Lynch Commodities Europe
- Asmin Koalindo Tuhup - Indonesia
- Parry Sugars Refinery, India
- Kalimantan Lumbung Energi - Indonesia
- San Jose City I Power Corp, Philippines
- Toyota Tsusho Corporation, Japan
- Kideco Jaya Agung - Indonesia
- Videocon Industries ltd - India
- Planning Commission, India
- London Commodity Brokers - England
- Sakthi Sugars Limited - India
- Mintek Dendrill Indonesia
- Eastern Energy - Thailand
- Africa Commodities Group - South Africa
- Directorate General of MIneral and Coal - Indonesia
- Bulk Trading Sa - Switzerland
- Straits Asia Resources Limited - Singapore
- Indonesian Coal Mining Association
- Siam City Cement PLC, Thailand
- Posco Energy - South Korea
- Bahari Cakrawala Sebuku - Indonesia
- Xindia Steels Limited - India
- Wilmar Investment Holdings
- AsiaOL BioFuels Corp., Philippines
- Binh Thuan Hamico - Vietnam
- Ministry of Transport, Egypt
- MS Steel International - UAE
- Eastern Coal Council - USA
- Aditya Birla Group - India
- Oldendorff Carriers - Singapore
- Pendopo Energi Batubara - Indonesia
- Semirara Mining Corp, Philippines
- Georgia Ports Authority, United States
- Ambuja Cements Ltd - India
- Tata Chemicals Ltd - India
- Petron Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Krishnapatnam Port Company Ltd. - India
- Bukit Baiduri Energy - Indonesia
- Simpson Spence & Young - Indonesia
- Minerals Council of Australia
- Leighton Contractors Pty Ltd - Australia
- Thai Mozambique Logistica
- Indian Energy Exchange, India
- Vijayanagar Sugar Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Intertek Mineral Services - Indonesia
- Riau Bara Harum - Indonesia
- Marubeni Corporation - India
- Madhucon Powers Ltd - India
- Aboitiz Power Corporation - Philippines
- Bayan Resources Tbk. - Indonesia
- Attock Cement Pakistan Limited
- Karaikal Port Pvt Ltd - India
- Electricity Authority, New Zealand
- Anglo American - United Kingdom
- European Bulk Services B.V. - Netherlands
- Orica Mining Services - Indonesia
- Ministry of Mines - Canada
- Makarim & Taira - Indonesia
- Globalindo Alam Lestari - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- GAC Shipping (India) Pvt Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Malabar Cements Ltd - India
- Chamber of Mines of South Africa
- Carbofer General Trading SA - India
- Edison Trading Spa - Italy
- Dalmia Cement Bharat India
- Alfred C Toepfer International GmbH - Germany
- Deloitte Consulting - India
- Gujarat Sidhee Cement - India
- CNBM International Corporation - China
- Cigading International Bulk Terminal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Sarangani Energy Corporation, Philippines
- India Bulls Power Limited - India
- SN Aboitiz Power Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Coalindo Energy - Indonesia
- Agrawal Coal Company - India
- Baramulti Group, Indonesia
- Star Paper Mills Limited - India
- Central Electricity Authority - India
- Commonwealth Bank - Australia
- Independent Power Producers Association of India
- SMC Global Power, Philippines
- Formosa Plastics Group - Taiwan
- PNOC Exploration Corporation - Philippines
- Singapore Mercantile Exchange
- Altura Mining Limited, Indonesia
- Kartika Selabumi Mining - Indonesia
- Vizag Seaport Private Limited - India
- Mjunction Services Limited - India
- Standard Chartered Bank - UAE
- Savvy Resources Ltd - HongKong
- Chettinad Cement Corporation Ltd - India
- International Coal Ventures Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Kapuas Tunggal Persada - Indonesia
- Indian Oil Corporation Limited
- Rashtriya Ispat Nigam Limited - India
- Bhoruka Overseas - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- GMR Energy Limited - India
- Trasteel International SA, Italy
- Neyveli Lignite Corporation Ltd, - India
- Indo Tambangraya Megah - Indonesia
- Kobexindo Tractors - Indoneisa
- Barasentosa Lestari - Indonesia
- Central Java Power - Indonesia
- McConnell Dowell - Australia
- Grasim Industreis Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Metalloyd Limited - United Kingdom
- Therma Luzon, Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Sinarmas Energy and Mining - Indonesia
- PTC India Limited - India
- Timah Investasi Mineral - Indoneisa
- Jindal Steel & Power Ltd - India
- Port Waratah Coal Services - Australia
- Cement Manufacturers Association - India
- Goldman Sachs - Singapore
- PetroVietnam Power Coal Import and Supply Company
- SMG Consultants - Indonesia
- Energy Link Ltd, New Zealand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
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