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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
CIL PRICE HIKE LIKELY TO PUSH POWER RATES UP
Business-Standard reported that, May squeeze cement companies’ margins, but the steel sector is unlikely to be affected much.
The upward re ...
Thursday, 22 October 09
2ND UNITED INDONESIA CABINET UNVEILED
The Jakarta Post reported that, President Susilo Bambang Yudhoyono announced his second United Indonesia Cabinet on Wednesday night, comprising 34 m ...
Thursday, 22 October 09
PEABODY SET TO TAP ASIAN DEMAND FOR COAL
The Australian reported that, US coal giant Peabody Energy plans to double its Queensland and NSW coal exports in the next five years, as it looks t ...
Wednesday, 21 October 09
MINING REGULATION GENERATES CONFUSION IN INDONESIA
The Jakarta Globe reported that, Mining industry representatives said on Friday they were confused by a recently issued regulation restricting the w ...
Wednesday, 21 October 09
LAW ACCOMMODATES NATIONAL AND INVESTOR INTERESTS
COALspot.com (Indonesia): According to ESDM, the government has issued five Lawson the energy and mineral resources sector. These laws will prioriti ...
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- International Coal Ventures Pvt Ltd - India
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- Merrill Lynch Commodities Europe
- Romanian Commodities Exchange
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- Power Finance Corporation Ltd., India
- Rashtriya Ispat Nigam Limited - India
- Xindia Steels Limited - India
- Manunggal Multi Energi - Indonesia
- LBH Netherlands Bv - Netherlands
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SMG Consultants - Indonesia
- Kohat Cement Company Ltd. - Pakistan
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- Kepco SPC Power Corporation, Philippines
- Sojitz Corporation - Japan
- Bhoruka Overseas - Indonesia
- Singapore Mercantile Exchange
- Ceylon Electricity Board - Sri Lanka
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- Parry Sugars Refinery, India
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- Edison Trading Spa - Italy
- Medco Energi Mining Internasional
- Antam Resourcindo - Indonesia
- McConnell Dowell - Australia
- Barasentosa Lestari - Indonesia
- Standard Chartered Bank - UAE
- Intertek Mineral Services - Indonesia
- Marubeni Corporation - India
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- Toyota Tsusho Corporation, Japan
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- Dalmia Cement Bharat India
- SMC Global Power, Philippines
- Thiess Contractors Indonesia
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- Vijayanagar Sugar Pvt Ltd - India
- Georgia Ports Authority, United States
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- Price Waterhouse Coopers - Russia
- Kideco Jaya Agung - Indonesia
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- Kaltim Prima Coal - Indonesia
- Indo Tambangraya Megah - Indonesia
- Sindya Power Generating Company Private Ltd
- Salva Resources Pvt Ltd - India
- Wood Mackenzie - Singapore
- Chettinad Cement Corporation Ltd - India
- Minerals Council of Australia
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- Kobexindo Tractors - Indoneisa
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- CIMB Investment Bank - Malaysia
- Vedanta Resources Plc - India
- Directorate General of MIneral and Coal - Indonesia
- IEA Clean Coal Centre - UK
- The Treasury - Australian Government
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- Jindal Steel & Power Ltd - India
- Planning Commission, India
- PTC India Limited - India
- Indika Energy - Indonesia
- Orica Mining Services - Indonesia
- ASAPP Information Group - India
- Electricity Generating Authority of Thailand
- GN Power Mariveles Coal Plant, Philippines
- OPG Power Generation Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- The University of Queensland
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- Cigading International Bulk Terminal - Indonesia
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- Globalindo Alam Lestari - Indonesia
- New Zealand Coal & Carbon
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- Global Coal Blending Company Limited - Australia
- TeaM Sual Corporation - Philippines
- Pendopo Energi Batubara - Indonesia
- Electricity Authority, New Zealand
- Sical Logistics Limited - India
- Coal and Oil Company - UAE
- Ambuja Cements Ltd - India
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- Lanco Infratech Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Latin American Coal - Colombia
- Kumho Petrochemical, South Korea
- Videocon Industries ltd - India
- Ministry of Finance - Indonesia
- Kartika Selabumi Mining - Indonesia
- Grasim Industreis Ltd - India
- Bayan Resources Tbk. - Indonesia
- Borneo Indobara - Indonesia
- Samtan Co., Ltd - South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- Renaissance Capital - South Africa
- Maheswari Brothers Coal Limited - India
- Chamber of Mines of South Africa
- Makarim & Taira - Indonesia
- SN Aboitiz Power Inc, Philippines
- Australian Commodity Traders Exchange
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- Siam City Cement PLC, Thailand
- Indonesian Coal Mining Association
- Port Waratah Coal Services - Australia
- Heidelberg Cement - Germany
- Commonwealth Bank - Australia
- Rio Tinto Coal - Australia
- Altura Mining Limited, Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Africa Commodities Group - South Africa
- Carbofer General Trading SA - India
- Meralco Power Generation, Philippines
- Karaikal Port Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Formosa Plastics Group - Taiwan
- Mintek Dendrill Indonesia
- Metalloyd Limited - United Kingdom
- Interocean Group of Companies - India
- Simpson Spence & Young - Indonesia
- Economic Council, Georgia
- VISA Power Limited - India
- Cement Manufacturers Association - India
- IHS Mccloskey Coal Group - USA
- TNB Fuel Sdn Bhd - Malaysia
- Ministry of Transport, Egypt
- Star Paper Mills Limited - India
- Sakthi Sugars Limited - India
- Mercuria Energy - Indonesia
- ICICI Bank Limited - India
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- PowerSource Philippines DevCo
- Petron Corporation, Philippines
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- Petrochimia International Co. Ltd.- Taiwan
- Bhatia International Limited - India
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- Attock Cement Pakistan Limited
- Leighton Contractors Pty Ltd - Australia
- Energy Link Ltd, New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Mjunction Services Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indogreen Group - Indonesia
- Ministry of Mines - Canada
- Gujarat Sidhee Cement - India
- London Commodity Brokers - England
- Sinarmas Energy and Mining - Indonesia
- Sarangani Energy Corporation, Philippines
- Goldman Sachs - Singapore
- Eastern Coal Council - USA
- Baramulti Group, Indonesia
- White Energy Company Limited
- Therma Luzon, Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Global Green Power PLC Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Riau Bara Harum - Indonesia
- Bulk Trading Sa - Switzerland
- Kalimantan Lumbung Energi - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Posco Energy - South Korea
- Kapuas Tunggal Persada - Indonesia
- Bukit Baiduri Energy - Indonesia
- Parliament of New Zealand
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- Bangladesh Power Developement Board
- Eastern Energy - Thailand
- Alfred C Toepfer International GmbH - Germany
- CNBM International Corporation - China
- Bharathi Cement Corporation - India
- San Jose City I Power Corp, Philippines
- Vizag Seaport Private Limited - India
- PNOC Exploration Corporation - Philippines
- Bhushan Steel Limited - India
- Siam City Cement - Thailand
- MS Steel International - UAE
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