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Wednesday, 21 October 09
INDONESIA POWER FIRM SEEKS TO DEFER COAL SUPPLIES
 Reuters reported that, Indonesia's state power firm is negotiating with two coal producers, including a unit of PT Bumi Resources Tbk, to defer a contract to supply coal to a power plant in West Java, the state firm said on Wednesday.
PT Perusahan Listrik Negara (PLN) wants to set aside the coal for its strategic reserves as its heating value is too low for use in the Suralaya power plant, Pudji Widodo, PLN's head of coal, said.
PT Arutmin Indonesia, a unit of Bumi, Indonesia's largest coal producer by volume, and PT Kasih Industri have contracts to supply a combined 2.1 million tonnes of low-quality coal annually to the 3,400 MegaWatt power plant, starting in 2009.
But the coal supplied under the contract has a heating value of 4,200 kcal/kg gross as-received (GAR) while Suralaya used coal with heating value of 5,000 kcal/kg GAR, Widodo said.
"The board of directors has decided that Suralaya should use higher-calorie coal," Widodo told Reuters. "So we are in talks with producers on deferring the contract and keeping it as strategic reserves."
Bumi and Kasih Industri could not immediately be reached for comment.
Widodo said the contract with the two coal producers ran for 20 years, adding that previous problems with coal supplies meant it was crucial to maintain sufficient coal reserves.
Last year, disruptions in coal shipments, partly due to bad weather, caused blackouts in Java and Bali, Indonesia's two main commercial islands.
Most coal-fired power plants are located in densely populated Java island and coal shipments have to be made from mining areas in Sumatra and Kalimantan.
Widodo said the coal reserves could be used if bad weather disrupted supply to power plants or coal demand jumped because of a rise in electricity consumption.
The coal could also be used as strategic reserve for new coal-fired power plants being built under a crash government programme to add 10,000 MW of generating capacity by 2011 to ease chronic power shortages.
A second programme is due to add another 10,000 MW of capacity.
PLN has a monopoly in Indonesia and operates 25,000 MW of capacity, but most of its plants are old and output is far below capacity.
So it is under pressure to ramp up capacity and modernise its plants. It has switched to natural gas and coal to meet demand and cut consumption of crude oil.
Indonesia, the world's top thermal coal exporter, has said it plans to cap coal exports at 150 million tonnes a year possibly from 2010 in order to prioritise domestic demand.
The move is not expected to have an immediate impact on exports because output is currently outpacing domestic demand.
A government official said last week Indonesian coal production was expected to rise about 9 percent to 250 million tonnes in 2010.
Source: Reuters
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Friday, 23 October 09
INDIAN GROUP INTERESTED IN MOZAMBICAN COAL
Mining Weekly reported that, India’s leading steelmaker, the Steel Authority of India Limited (Sail), has confirmed that it is seeking to acqu ...
Friday, 23 October 09
AUSTRALIA APPROVES CHINESE TAKEOVER OF FELIX RESOURCES
* Australia give conditional approval to China's Felix deal
* Chinese owner must list the assets on Australian exchange
Reuters reported that, ...
Friday, 23 October 09
IVANHOE TARGETING 20 MILLION TONS OF COAL OUTPUT IN MONGOLIA
Bloomberg reported that, Ivanhoe Mines Ltd., developing a $4 billion copper and gold mine in Mongolia with Rio Tinto Group, is targeting long-term c ...
Friday, 23 October 09
XSTRATA PLANS $1BN AUSTRALIAN COAL PORT
Xstrata Plc, the world's biggest exporter of steam coal, plans to build a new $1 billion coal port in Australia, it said.
The proposed Balaclava ...
Friday, 23 October 09
MEXICO'S CFE SEEKS 6.24 MLN T COAL FOR 2010-12
Reuters reported that, Mexico's state-owned power monopoly plans to award a tender for 6.24 million tonnes of steam coal in December, according to ...
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- Sree Jayajothi Cements Limited - India
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- India Bulls Power Limited - India
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- PNOC Exploration Corporation - Philippines
- New Zealand Coal & Carbon
- Sojitz Corporation - Japan
- Orica Mining Services - Indonesia
- Savvy Resources Ltd - HongKong
- Meenaskhi Energy Private Limited - India
- Kepco SPC Power Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Videocon Industries ltd - India
- TeaM Sual Corporation - Philippines
- Essar Steel Hazira Ltd - India
- Parliament of New Zealand
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- Ceylon Electricity Board - Sri Lanka
- Parry Sugars Refinery, India
- Indonesian Coal Mining Association
- GN Power Mariveles Coal Plant, Philippines
- Indika Energy - Indonesia
- Australian Commodity Traders Exchange
- Gujarat Electricity Regulatory Commission - India
- Energy Development Corp, Philippines
- Romanian Commodities Exchange
- Maharashtra Electricity Regulatory Commission - India
- Neyveli Lignite Corporation Ltd, - India
- Eastern Coal Council - USA
- Ind-Barath Power Infra Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bukit Makmur.PT - Indonesia
- The State Trading Corporation of India Ltd
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- Independent Power Producers Association of India
- Georgia Ports Authority, United States
- Baramulti Group, Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Semirara Mining Corp, Philippines
- IHS Mccloskey Coal Group - USA
- Coal and Oil Company - UAE
- Wood Mackenzie - Singapore
- Salva Resources Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Sinarmas Energy and Mining - Indonesia
- Larsen & Toubro Limited - India
- Tamil Nadu electricity Board
- Global Green Power PLC Corporation, Philippines
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- Riau Bara Harum - Indonesia
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- Economic Council, Georgia
- ICICI Bank Limited - India
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- Mercator Lines Limited - India
- Meralco Power Generation, Philippines
- Aboitiz Power Corporation - Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Marubeni Corporation - India
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- Cement Manufacturers Association - India
- Ministry of Finance - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Global Business Power Corporation, Philippines
- Antam Resourcindo - Indonesia
- PowerSource Philippines DevCo
- Simpson Spence & Young - Indonesia
- Electricity Authority, New Zealand
- Kalimantan Lumbung Energi - Indonesia
- Latin American Coal - Colombia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Aditya Birla Group - India
- Manunggal Multi Energi - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Madhucon Powers Ltd - India
- Planning Commission, India
- Gujarat Sidhee Cement - India
- GVK Power & Infra Limited - India
- McConnell Dowell - Australia
- Sical Logistics Limited - India
- SMG Consultants - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Holcim Trading Pte Ltd - Singapore
- MS Steel International - UAE
- Toyota Tsusho Corporation, Japan
- Therma Luzon, Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Siam City Cement PLC, Thailand
- Power Finance Corporation Ltd., India
- Mintek Dendrill Indonesia
- Global Coal Blending Company Limited - Australia
- Bangladesh Power Developement Board
- Malabar Cements Ltd - India
- Australian Coal Association
- Kohat Cement Company Ltd. - Pakistan
- Jorong Barutama Greston.PT - Indonesia
- Mercuria Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Thiess Contractors Indonesia
- Iligan Light & Power Inc, Philippines
- Attock Cement Pakistan Limited
- Edison Trading Spa - Italy
- International Coal Ventures Pvt Ltd - India
- Anglo American - United Kingdom
- Trasteel International SA, Italy
- Formosa Plastics Group - Taiwan
- Alfred C Toepfer International GmbH - Germany
- Kobexindo Tractors - Indoneisa
- Coastal Gujarat Power Limited - India
- The Treasury - Australian Government
- Metalloyd Limited - United Kingdom
- Deloitte Consulting - India
- Cigading International Bulk Terminal - Indonesia
- Petron Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Indogreen Group - Indonesia
- Star Paper Mills Limited - India
- CIMB Investment Bank - Malaysia
- London Commodity Brokers - England
- Altura Mining Limited, Indonesia
- Commonwealth Bank - Australia
- GAC Shipping (India) Pvt Ltd
- Grasim Industreis Ltd - India
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- Vedanta Resources Plc - India
- Merrill Lynch Commodities Europe
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- PTC India Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Posco Energy - South Korea
- Indo Tambangraya Megah - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Barasentosa Lestari - Indonesia
- Goldman Sachs - Singapore
- Bhatia International Limited - India
- IEA Clean Coal Centre - UK
- Agrawal Coal Company - India
- Sindya Power Generating Company Private Ltd
- Vizag Seaport Private Limited - India
- Coalindo Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- Ministry of Transport, Egypt
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Tata Chemicals Ltd - India
- Lanco Infratech Ltd - India
- Dalmia Cement Bharat India
- Thai Mozambique Logistica
- Bukit Asam (Persero) Tbk - Indonesia
- Banpu Public Company Limited - Thailand
- Jaiprakash Power Ventures ltd
- Africa Commodities Group - South Africa
- Renaissance Capital - South Africa
- SMC Global Power, Philippines
- White Energy Company Limited
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- Asmin Koalindo Tuhup - Indonesia
- Eastern Energy - Thailand
- Port Waratah Coal Services - Australia
- San Jose City I Power Corp, Philippines
- Price Waterhouse Coopers - Russia
- Minerals Council of Australia
- Intertek Mineral Services - Indonesia
- Indian Energy Exchange, India
- Gujarat Mineral Development Corp Ltd - India
- Wilmar Investment Holdings
- Ministry of Mines - Canada
- Chamber of Mines of South Africa
- Straits Asia Resources Limited - Singapore
- Central Java Power - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kaltim Prima Coal - Indonesia
- Electricity Generating Authority of Thailand
- Directorate Of Revenue Intelligence - India
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- Globalindo Alam Lestari - Indonesia
- Borneo Indobara - Indonesia
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- Sarangani Energy Corporation, Philippines
- Makarim & Taira - Indonesia
- GMR Energy Limited - India
- Rio Tinto Coal - Australia
- Jindal Steel & Power Ltd - India
- Oldendorff Carriers - Singapore
- Billiton Holdings Pty Ltd - Australia
- Standard Chartered Bank - UAE
- Bukit Baiduri Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kumho Petrochemical, South Korea
- Indian Oil Corporation Limited
- OPG Power Generation Pvt Ltd - India
- Singapore Mercantile Exchange
- Interocean Group of Companies - India
- Orica Australia Pty. Ltd.
- Energy Link Ltd, New Zealand
- Timah Investasi Mineral - Indoneisa
- Central Electricity Authority - India
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- Mjunction Services Limited - India
- Samtan Co., Ltd - South Korea
- Semirara Mining and Power Corporation, Philippines
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