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Wednesday, 11 November 09
INDONESIA ASKS DOMESTIC COAL FIRMS TO SET ASIDE 30PCT OF OUTPUT
Indonesian government said that it had asked domestic coal producers to set aside 30% of their output next year to meet demand from new coal fired power plants.
Mr Darwin Saleh energy minister of Indonesia told members of the House of Representatives Commission VII said that "The government needs a guaranteed coal supply to support the 10,000 MW fast track program. Therefore, all coal producers should allocate 30% of their production to the domestic market."
Mr Darwin said that domestic demand for coal in 2010 had been estimated at 65 million tonnes, of which 85% would be needed for power plants. He said the quota for domestic producers would be updated every year.
Mr Bambang Setiawan director general of coal, minerals and geothermal energy at the ministry said that the government would limit coal exports to 150 million tonnes next year.
Mr Bob Kamandanu chairman of Indonesian Coal Producers Association said that "I'm confused why the government wants a 30% quota for domestic supply next year because I don't think the domestic market could absorb that much. The association has calculated that we could produce around 270 million tonnes next year. That means 81 million tonnes would be for domestic use while demand would only be at 60 to 70 millions."
The energy ministry has forecasts that the country would produce about 230 million tonnes of coal this year. Output totaled 172 million tonnes as of the end of August 2009. About 20% or 34.7 million tonnes had gone to the domestic market.
Source: Steel Guru
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Thursday, 08 September 11
TRADA MARITIME BUYS GUNUNG BARA UTAMA
Insider Stories reported that, PT Trada Maritime Tbk (TRAM) has purchased convertible bonds issued by PT Awesome Coal from Zakia Limited. The memora ...
Thursday, 08 September 11
PETROSEA ADDS US$730 MIO CONTRACT
Coal mining contractor PT Petrosea Tbk (PTRO), a majority owned subsidiary of energy integrated company PT Indika Energy Tbk (INDY), has secured a U ...
Wednesday, 07 September 11
ANOTHER EXCEPTIONALLY STRONG WEEK FOR THE CAPESIZE MARKET - BRS
The very strong rise in Cape rates pushed through an overall improvement in the BDI this week, although relatively little benefit from the Capes has ...
Wednesday, 07 September 11
INDIA HIT BY INDONESIAS COAL PRICE - TEMPO INTERACTIVE
TEMPO Interactive, an Indonesian online news portal reported that, The Indian government has complained about the price increase of Indonesian coal, ...
Wednesday, 07 September 11
SAMPUR POWER AGREEMENT SIGNED - DAILY NEWS
Daily News, Sri Lank's national news paper reported that, the agreement for the setting up of a 500 MW coal-fired power plant at Sampur, Trincomale ...
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- GMR Energy Limited - India
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- PNOC Exploration Corporation - Philippines
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- ICICI Bank Limited - India
- Deloitte Consulting - India
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- The State Trading Corporation of India Ltd
- Asmin Koalindo Tuhup - Indonesia
- Central Java Power - Indonesia
- Kepco SPC Power Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ministry of Mines - Canada
- Economic Council, Georgia
- Manunggal Multi Energi - Indonesia
- Sarangani Energy Corporation, Philippines
- Electricity Authority, New Zealand
- Binh Thuan Hamico - Vietnam
- White Energy Company Limited
- Ceylon Electricity Board - Sri Lanka
- Semirara Mining and Power Corporation, Philippines
- Parliament of New Zealand
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- Karbindo Abesyapradhi - Indoneisa
- Directorate General of MIneral and Coal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- IEA Clean Coal Centre - UK
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- South Luzon Thermal Energy Corporation
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- TNB Fuel Sdn Bhd - Malaysia
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- Simpson Spence & Young - Indonesia
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- Minerals Council of Australia
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- Trasteel International SA, Italy
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- GVK Power & Infra Limited - India
- Samtan Co., Ltd - South Korea
- Larsen & Toubro Limited - India
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- Coal and Oil Company - UAE
- Indian Energy Exchange, India
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- Alfred C Toepfer International GmbH - Germany
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- Anglo American - United Kingdom
- Independent Power Producers Association of India
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- Meenaskhi Energy Private Limited - India
- Toyota Tsusho Corporation, Japan
- Electricity Generating Authority of Thailand
- Bhoruka Overseas - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Indo Tambangraya Megah - Indonesia
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- Marubeni Corporation - India
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- Bukit Asam (Persero) Tbk - Indonesia
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- Uttam Galva Steels Limited - India
- Renaissance Capital - South Africa
- GAC Shipping (India) Pvt Ltd
- McConnell Dowell - Australia
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- Thai Mozambique Logistica
- CNBM International Corporation - China
- Kumho Petrochemical, South Korea
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mercator Lines Limited - India
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- Baramulti Group, Indonesia
- Posco Energy - South Korea
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- Savvy Resources Ltd - HongKong
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- Meralco Power Generation, Philippines
- Kaltim Prima Coal - Indonesia
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- Sakthi Sugars Limited - India
- Eastern Energy - Thailand
- VISA Power Limited - India
- New Zealand Coal & Carbon
- CIMB Investment Bank - Malaysia
- The University of Queensland
- Miang Besar Coal Terminal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Ministry of Finance - Indonesia
- Georgia Ports Authority, United States
- Kohat Cement Company Ltd. - Pakistan
- Antam Resourcindo - Indonesia
- Grasim Industreis Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Medco Energi Mining Internasional
- Kalimantan Lumbung Energi - Indonesia
- Edison Trading Spa - Italy
- Madhucon Powers Ltd - India
- Latin American Coal - Colombia
- Dalmia Cement Bharat India
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- Planning Commission, India
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- Global Green Power PLC Corporation, Philippines
- Heidelberg Cement - Germany
- Sree Jayajothi Cements Limited - India
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- GN Power Mariveles Coal Plant, Philippines
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- Indonesian Coal Mining Association
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- Therma Luzon, Inc, Philippines
- Merrill Lynch Commodities Europe
- Power Finance Corporation Ltd., India
- Tamil Nadu electricity Board
- Energy Development Corp, Philippines
- Xindia Steels Limited - India
- Bangladesh Power Developement Board
- Gujarat Sidhee Cement - India
- Parry Sugars Refinery, India
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- Jaiprakash Power Ventures ltd
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- Ministry of Transport, Egypt
- Riau Bara Harum - Indonesia
- London Commodity Brokers - England
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Tata Chemicals Ltd - India
- Oldendorff Carriers - Singapore
- Thiess Contractors Indonesia
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- Kapuas Tunggal Persada - Indonesia
- Africa Commodities Group - South Africa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Orica Australia Pty. Ltd.
- Goldman Sachs - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Makarim & Taira - Indonesia
- Sinarmas Energy and Mining - Indonesia
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- Australian Coal Association
- Formosa Plastics Group - Taiwan
- Wilmar Investment Holdings
- Maheswari Brothers Coal Limited - India
- SMC Global Power, Philippines
- MS Steel International - UAE
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- Pipit Mutiara Jaya. PT, Indonesia
- Sical Logistics Limited - India
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- Krishnapatnam Port Company Ltd. - India
- Chamber of Mines of South Africa
- Aditya Birla Group - India
- Kartika Selabumi Mining - Indonesia
- Global Coal Blending Company Limited - Australia
- Billiton Holdings Pty Ltd - Australia
- Barasentosa Lestari - Indonesia
- Sojitz Corporation - Japan
- Bayan Resources Tbk. - Indonesia
- Australian Commodity Traders Exchange
- Ambuja Cements Ltd - India
- The Treasury - Australian Government
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- European Bulk Services B.V. - Netherlands
- Interocean Group of Companies - India
- Indian Oil Corporation Limited
- Siam City Cement - Thailand
- Intertek Mineral Services - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Bahari Cakrawala Sebuku - Indonesia
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- Essar Steel Hazira Ltd - India
- Global Business Power Corporation, Philippines
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