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Wednesday, 14 March 18
NEW COAL PRICE FORMULA DOESN'T APPLY RETROACTIVELY: OFFICIAL - THE JAKARTA GLOBE
 The Energy and Mineral Resources Ministry has decided to change the implementation period of the new discounted price formula for coal sold to the domestic market, saying the policy had only taken effect since March 12 instead of the previous Jan. 1.
Through this decision, coal miners do not have to give compensation for state electricity firm PLN and independent power producers (IPPs) regarding the overpayment they made from Jan. 1 until March 11.
The change was made through the issuance of Decree No. 1410/2018 on Monday, a revision of Decree No. 1395/2018 that was introduced on last Friday.
“We made this change to simplify the financial administration report [of all parties involved],” the ministry’s mineral and coal director general Bambang Gatot Ariyono said Tuesday.
Through the issuance of the first decree, the ministry has capped the country’s coal reference price (HBA) used in the formulation of coal selling prices for domestic power generation at a maximum level of US$70 per ton until 2019.
The HBA is an average of four different price indexes coming from the previous month, namely the Indonesia Coal Index for coal with a calorific value of 6,500 kilocalorie/kilogram gross as received (GAR), the Platts Kalimantan for 5,900 kcal/kg GAR, as well as the Newcastle Export Index and the globalCOAL Newcastle Index, both for 6,322 kcal/kg GAR.
The ministry announces the HBA on a monthly basis to calculate the non-tax revenues that should be paid by mining companies and to determine the coal benchmark price (HBP) of all types of coal.
Source: The Jakarta Globe
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Monday, 02 April 18
THIESS SECURES $240M SATUI EXTENSION
The successful implementation of an innovative mining plan by Thiess at the Satui coal mine in South Kalimantan, has resulted in a $240 million con ...
Friday, 30 March 18
SHIPPING INDUSTRY CONFIDENCE HITS FOUR-YEAR HIGH - MOORE STEPHENS
Shipping Confidence Survey
In February 2018, the average confidence level expressed by respondents was up from 6.2 in November 2017 t ...
Friday, 30 March 18
EXPLAINING POLAND'S COAL PARADOX - FORBES
In the U.S. coal is succumbing to market forces despite the Trump Administration’s push to support the industry. Abundant, cheap and cleaner ...
Friday, 30 March 18
THIESS SECURES $140M MT OWEN INCREASE
Thiess has secured a A$140 million increase to its contract with Glencore for coal mining services at Mt Owen in the Hunter Valley, Australia. Mt O ...
Wednesday, 28 March 18
THIESS WINS $280M WAHANA EXTENSION
Thiess has been awarded a three-year $280 million contract extension at the Wahana coal mine in South Kalimantan, Indonesia.
According to Thie ...
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- GN Power Mariveles Coal Plant, Philippines
- European Bulk Services B.V. - Netherlands
- Jindal Steel & Power Ltd - India
- The Treasury - Australian Government
- Mercuria Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Gujarat Mineral Development Corp Ltd - India
- SMC Global Power, Philippines
- Planning Commission, India
- Interocean Group of Companies - India
- Medco Energi Mining Internasional
- Indonesian Coal Mining Association
- Ministry of Transport, Egypt
- Coastal Gujarat Power Limited - India
- Africa Commodities Group - South Africa
- Videocon Industries ltd - India
- Independent Power Producers Association of India
- Larsen & Toubro Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Standard Chartered Bank - UAE
- Ceylon Electricity Board - Sri Lanka
- Rio Tinto Coal - Australia
- Tamil Nadu electricity Board
- New Zealand Coal & Carbon
- Semirara Mining and Power Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Globalindo Alam Lestari - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- ASAPP Information Group - India
- Global Business Power Corporation, Philippines
- Antam Resourcindo - Indonesia
- Savvy Resources Ltd - HongKong
- Orica Mining Services - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Miang Besar Coal Terminal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Economic Council, Georgia
- Binh Thuan Hamico - Vietnam
- Carbofer General Trading SA - India
- Bulk Trading Sa - Switzerland
- Sree Jayajothi Cements Limited - India
- White Energy Company Limited
- TNB Fuel Sdn Bhd - Malaysia
- Australian Commodity Traders Exchange
- Thai Mozambique Logistica
- Eastern Coal Council - USA
- Chamber of Mines of South Africa
- Energy Development Corp, Philippines
- Chettinad Cement Corporation Ltd - India
- Cement Manufacturers Association - India
- Bharathi Cement Corporation - India
- MS Steel International - UAE
- Sakthi Sugars Limited - India
- Directorate Of Revenue Intelligence - India
- Georgia Ports Authority, United States
- Oldendorff Carriers - Singapore
- Salva Resources Pvt Ltd - India
- Heidelberg Cement - Germany
- Central Java Power - Indonesia
- SN Aboitiz Power Inc, Philippines
- Simpson Spence & Young - Indonesia
- GAC Shipping (India) Pvt Ltd
- Indogreen Group - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Bhoruka Overseas - Indonesia
- Thiess Contractors Indonesia
- Maheswari Brothers Coal Limited - India
- Deloitte Consulting - India
- OPG Power Generation Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Commonwealth Bank - Australia
- Attock Cement Pakistan Limited
- London Commodity Brokers - England
- Edison Trading Spa - Italy
- VISA Power Limited - India
- Indian Energy Exchange, India
- Uttam Galva Steels Limited - India
- Straits Asia Resources Limited - Singapore
- Minerals Council of Australia
- Karaikal Port Pvt Ltd - India
- Mjunction Services Limited - India
- Aboitiz Power Corporation - Philippines
- Vizag Seaport Private Limited - India
- Australian Coal Association
- Electricity Authority, New Zealand
- Sarangani Energy Corporation, Philippines
- Agrawal Coal Company - India
- Parliament of New Zealand
- Kapuas Tunggal Persada - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- ICICI Bank Limited - India
- Riau Bara Harum - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- GMR Energy Limited - India
- Leighton Contractors Pty Ltd - Australia
- Central Electricity Authority - India
- Sical Logistics Limited - India
- Kobexindo Tractors - Indoneisa
- Toyota Tsusho Corporation, Japan
- Wilmar Investment Holdings
- AsiaOL BioFuels Corp., Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Singapore Mercantile Exchange
- Malabar Cements Ltd - India
- Sindya Power Generating Company Private Ltd
- Formosa Plastics Group - Taiwan
- Kaltim Prima Coal - Indonesia
- Price Waterhouse Coopers - Russia
- The University of Queensland
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The State Trading Corporation of India Ltd
- Indika Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- PTC India Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Star Paper Mills Limited - India
- Kepco SPC Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Indian Oil Corporation Limited
- IEA Clean Coal Centre - UK
- Alfred C Toepfer International GmbH - Germany
- Bangladesh Power Developement Board
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Eastern Energy - Thailand
- Ministry of Finance - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Xindia Steels Limited - India
- Kartika Selabumi Mining - Indonesia
- Ambuja Cements Ltd - India
- Borneo Indobara - Indonesia
- Iligan Light & Power Inc, Philippines
- Siam City Cement - Thailand
- Trasteel International SA, Italy
- Samtan Co., Ltd - South Korea
- IHS Mccloskey Coal Group - USA
- Wood Mackenzie - Singapore
- Aditya Birla Group - India
- Pendopo Energi Batubara - Indonesia
- Intertek Mineral Services - Indonesia
- Merrill Lynch Commodities Europe
- Makarim & Taira - Indonesia
- CIMB Investment Bank - Malaysia
- International Coal Ventures Pvt Ltd - India
- Baramulti Group, Indonesia
- Energy Link Ltd, New Zealand
- South Luzon Thermal Energy Corporation
- Power Finance Corporation Ltd., India
- Meenaskhi Energy Private Limited - India
- Gujarat Sidhee Cement - India
- Ministry of Mines - Canada
- Kalimantan Lumbung Energi - Indonesia
- Goldman Sachs - Singapore
- Tata Chemicals Ltd - India
- Bukit Makmur.PT - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Siam City Cement PLC, Thailand
- Metalloyd Limited - United Kingdom
- India Bulls Power Limited - India
- Orica Australia Pty. Ltd.
- Manunggal Multi Energi - Indonesia
- Therma Luzon, Inc, Philippines
- TeaM Sual Corporation - Philippines
- Global Green Power PLC Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Electricity Generating Authority of Thailand
- Bhatia International Limited - India
- Latin American Coal - Colombia
- GVK Power & Infra Limited - India
- Timah Investasi Mineral - Indoneisa
- Anglo American - United Kingdom
- Kumho Petrochemical, South Korea
- Holcim Trading Pte Ltd - Singapore
- Lanco Infratech Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Meralco Power Generation, Philippines
- Barasentosa Lestari - Indonesia
- PNOC Exploration Corporation - Philippines
- Altura Mining Limited, Indonesia
- CNBM International Corporation - China
- Coal and Oil Company - UAE
- Grasim Industreis Ltd - India
- Mercator Lines Limited - India
- Essar Steel Hazira Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Petron Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Global Coal Blending Company Limited - Australia
- Gujarat Electricity Regulatory Commission - India
- Romanian Commodities Exchange
- McConnell Dowell - Australia
- Dalmia Cement Bharat India
- Mintek Dendrill Indonesia
- Semirara Mining Corp, Philippines
- Madhucon Powers Ltd - India
- Marubeni Corporation - India
- Bukit Baiduri Energy - Indonesia
- PowerSource Philippines DevCo
- LBH Netherlands Bv - Netherlands
- Bhushan Steel Limited - India
- Renaissance Capital - South Africa
- SMG Consultants - Indonesia
- Kideco Jaya Agung - Indonesia
- Jaiprakash Power Ventures ltd
- Parry Sugars Refinery, India
- Posco Energy - South Korea
- Bayan Resources Tbk. - Indonesia
- Coalindo Energy - Indonesia
- Sojitz Corporation - Japan
- Rashtriya Ispat Nigam Limited - India
- Port Waratah Coal Services - Australia
- Vedanta Resources Plc - India
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