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Saturday, 30 January 10
COAL FIRMS TO KEEP NATION IN THE BLACK
 Some Indonesian coal mining companies on Friday pledged to allocate a greater share of their production this year to meet domestic market obligations. Failure to comply may cost producers half of their output.
“Our company is aiming to supply 20 to 25 percent of domestic demand,” said Sandiaga Uno, director of PT Adaro Energy, the nation’s No. 2 producer. “We hope to supply at least 11 million tons to the market this year.”
The Energy Ministry decree, which went into effect on Jan. 1, requires coal miners to meet domestic demands before exporting their coal. The DMO would be based on projections of domestic needs three months in advance.
The initiative is aimed at securing adequate fuel for the nation’s ongoing fast-track electricity generation program. Producers in the past have been reluctant to reserve output for domestic use because coal fetches higher prices abroad.
Sanctions for not meeting the DMO vary from a written reprimand to a production cut of up to 50 percent for producers the following year. Buyers may also be punished if they fail to fulfill their purchasing commitments, with their orders in the next year being slashed by as much as half.
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“Our company is aiming to supply 20 to 25 % of domestic demand and to be the biggest coal supplier for domestic demand”
- Sandiaga Uno, PT Adaro Energy |
The government expects domestic demand of 75 million tons this year, while total coal production has been estimated at 280 tons.
The Indonesian Coal Producers Assocation (APBI), however, has insisted that the government’s demand forecast was too high and that the domestic market could not absorb that amount.
Sandiaga said Adaro would supply power plants in Java and Bali to meet its obligation. The company’s production rose to 40.59 million tons in 2009 from 38.48 million in 2008.
“Our company aims to be the biggest coal supplier for domestic demand,” Sandiaga said.
State-owned coal miner PT Tambang Batubara Bukit Asam said on Friday that it would allocate 8.6 million tons, or 61 percent of its total production this year, to the domestic market, up from 8.3 million tons last year.
Pri Agung Rakhmanto, an energy analyst at the Reforminer Institute, said the government should also issue a regulation pushing producers to reserve even more coal for the domestic market.
To make the obligation more palatable to miners, Pri suggested that the government raise the price it pays for coal to fall more in line with international prices.
“It’s still a better alternative than the government having to import from overseas with higher price” Pri said.
The National Energy Council, which advises the House of Representatives and the president, is currently considering a proposal to ban exports of coal, perhaps as soon as 2015, saying the nation would be able to absorb all coal production by that time.
Driving calls for the ban is the need for energy security amid diminishing coal reserves. Herman Darnel Ibrahim, a council member representing the mining industry, said the ban was needed because the nation’s remaining coal reserves were estimated to be sufficient for only 20 years.
But Energy Minister Darwin Zahedy Saleh, executive chairman of the council, said the ban would probably not be implemented as long as the country had a stable supply.
According to the Energy Ministry, Indonesia, Asia’s largest coal exporter, produced 254 million tons of coal in 2009, a 5.8 percent increase from 2008 and well ahead of the government’s 230 million ton target.
About 78 percent of the output was exported to buyers in Japan, China, India, Australia and Africa, with the rest sold domestically.
Bambang Setiawan, director general of coal, minerals and geothermal at the ministry, said coal exports in 2009 were worth $14.85 billion.
Source: The Jakarta Globe
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Wednesday, 20 January 10
NALCO SEEKS CONSULTANT FOR $4 BILLION INDONESIAN SMELTER, PLANT
National Aluminium Co., India’s second-biggest producer of the metal, called for bids for a consultant on its proposed aluminum smelter and co ...
Wednesday, 20 January 10
NTPC PLANS TO SET UP ARM FOR ACQUIRING COAL ASSETS ABROAD
NTPC, the world’s second-largest independent power producer (IPP), plans to set up a new entity for acquiring coal assets abroad to secure fue ...
Wednesday, 20 January 10
CEMENT FIRMS TO BUY POWER PLANT COAL ASH
CEBU, Philippines - Cement companies in Cebu are interested to buy the coal ash that will be produced from the coal-fired power plant in Toledo City ...
Tuesday, 19 January 10
CHINA TO INCREASE THERMAL COAL IMPORTS - WEN
China's Premier Wen Jiabao said on Tuesday that China will appropriately increase imports of thermal coal to ease the country's power shortages.
...
Tuesday, 19 January 10
CESC TO BUY 100,000 MT OF INDONESIAN SUB BITUMINOUS COAL
COALspot.com (India): CESC, India’s one of the largest and oldest private power producer is expected to issue a closed tender any time this we ...
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Showing 6071 to 6075 news of total 6871 |
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- Indo Tambangraya Megah - Indonesia
- The State Trading Corporation of India Ltd
- Sindya Power Generating Company Private Ltd
- SMC Global Power, Philippines
- Dalmia Cement Bharat India
- Siam City Cement - Thailand
- Binh Thuan Hamico - Vietnam
- Sree Jayajothi Cements Limited - India
- Price Waterhouse Coopers - Russia
- Africa Commodities Group - South Africa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PetroVietnam Power Coal Import and Supply Company
- European Bulk Services B.V. - Netherlands
- Parliament of New Zealand
- Formosa Plastics Group - Taiwan
- Madhucon Powers Ltd - India
- International Coal Ventures Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Larsen & Toubro Limited - India
- Marubeni Corporation - India
- Ind-Barath Power Infra Limited - India
- Vizag Seaport Private Limited - India
- Indian Energy Exchange, India
- Bharathi Cement Corporation - India
- Kapuas Tunggal Persada - Indonesia
- Jaiprakash Power Ventures ltd
- Kohat Cement Company Ltd. - Pakistan
- Global Green Power PLC Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- Metalloyd Limited - United Kingdom
- Altura Mining Limited, Indonesia
- Bulk Trading Sa - Switzerland
- IEA Clean Coal Centre - UK
- TNB Fuel Sdn Bhd - Malaysia
- Baramulti Group, Indonesia
- Miang Besar Coal Terminal - Indonesia
- Electricity Authority, New Zealand
- Edison Trading Spa - Italy
- Mercator Lines Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Eastern Energy - Thailand
- Makarim & Taira - Indonesia
- Central Electricity Authority - India
- Georgia Ports Authority, United States
- Port Waratah Coal Services - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Power Finance Corporation Ltd., India
- New Zealand Coal & Carbon
- Cement Manufacturers Association - India
- Australian Commodity Traders Exchange
- Petrochimia International Co. Ltd.- Taiwan
- Coalindo Energy - Indonesia
- Standard Chartered Bank - UAE
- Maheswari Brothers Coal Limited - India
- Semirara Mining and Power Corporation, Philippines
- ICICI Bank Limited - India
- Aditya Birla Group - India
- Barasentosa Lestari - Indonesia
- Pendopo Energi Batubara - Indonesia
- The Treasury - Australian Government
- SN Aboitiz Power Inc, Philippines
- San Jose City I Power Corp, Philippines
- Agrawal Coal Company - India
- Indika Energy - Indonesia
- Star Paper Mills Limited - India
- Sical Logistics Limited - India
- Coastal Gujarat Power Limited - India
- Latin American Coal - Colombia
- Thai Mozambique Logistica
- Sojitz Corporation - Japan
- Malabar Cements Ltd - India
- Aboitiz Power Corporation - Philippines
- Directorate Of Revenue Intelligence - India
- Kobexindo Tractors - Indoneisa
- Kaltim Prima Coal - Indonesia
- Toyota Tsusho Corporation, Japan
- VISA Power Limited - India
- Rashtriya Ispat Nigam Limited - India
- Coal and Oil Company - UAE
- Ministry of Transport, Egypt
- Carbofer General Trading SA - India
- Merrill Lynch Commodities Europe
- Posco Energy - South Korea
- Intertek Mineral Services - Indonesia
- Savvy Resources Ltd - HongKong
- Anglo American - United Kingdom
- Ambuja Cements Ltd - India
- PTC India Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Singapore Mercantile Exchange
- Tamil Nadu electricity Board
- Mintek Dendrill Indonesia
- Karbindo Abesyapradhi - Indoneisa
- CIMB Investment Bank - Malaysia
- Iligan Light & Power Inc, Philippines
- Essar Steel Hazira Ltd - India
- Heidelberg Cement - Germany
- Australian Coal Association
- Neyveli Lignite Corporation Ltd, - India
- Semirara Mining Corp, Philippines
- Salva Resources Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- South Luzon Thermal Energy Corporation
- GAC Shipping (India) Pvt Ltd
- Indonesian Coal Mining Association
- Bhoruka Overseas - Indonesia
- Oldendorff Carriers - Singapore
- Billiton Holdings Pty Ltd - Australia
- Bangladesh Power Developement Board
- Thiess Contractors Indonesia
- Economic Council, Georgia
- Sakthi Sugars Limited - India
- Trasteel International SA, Italy
- Rio Tinto Coal - Australia
- Kartika Selabumi Mining - Indonesia
- Grasim Industreis Ltd - India
- Ministry of Mines - Canada
- Globalindo Alam Lestari - Indonesia
- Planning Commission, India
- IHS Mccloskey Coal Group - USA
- Timah Investasi Mineral - Indoneisa
- Antam Resourcindo - Indonesia
- Simpson Spence & Young - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Kideco Jaya Agung - Indonesia
- Karaikal Port Pvt Ltd - India
- Borneo Indobara - Indonesia
- Bhatia International Limited - India
- Uttam Galva Steels Limited - India
- Chamber of Mines of South Africa
- Mjunction Services Limited - India
- Central Java Power - Indonesia
- MS Steel International - UAE
- Mercuria Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Tata Chemicals Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Energy Link Ltd, New Zealand
- Alfred C Toepfer International GmbH - Germany
- Leighton Contractors Pty Ltd - Australia
- Minerals Council of Australia
- Siam City Cement PLC, Thailand
- OPG Power Generation Pvt Ltd - India
- Wood Mackenzie - Singapore
- GVK Power & Infra Limited - India
- Samtan Co., Ltd - South Korea
- Holcim Trading Pte Ltd - Singapore
- Indogreen Group - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Riau Bara Harum - Indonesia
- Deloitte Consulting - India
- AsiaOL BioFuels Corp., Philippines
- Electricity Generating Authority of Thailand
- Orica Mining Services - Indonesia
- White Energy Company Limited
- PNOC Exploration Corporation - Philippines
- Vedanta Resources Plc - India
- Interocean Group of Companies - India
- Kepco SPC Power Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Attock Cement Pakistan Limited
- Wilmar Investment Holdings
- Gujarat Electricity Regulatory Commission - India
- Bhushan Steel Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Indian Oil Corporation Limited
- Parry Sugars Refinery, India
- Orica Australia Pty. Ltd.
- SMG Consultants - Indonesia
- Straits Asia Resources Limited - Singapore
- Romanian Commodities Exchange
- Therma Luzon, Inc, Philippines
- ASAPP Information Group - India
- Asmin Koalindo Tuhup - Indonesia
- Medco Energi Mining Internasional
- PowerSource Philippines DevCo
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- TeaM Sual Corporation - Philippines
- Commonwealth Bank - Australia
- Global Business Power Corporation, Philippines
- Meralco Power Generation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Bukit Asam (Persero) Tbk - Indonesia
- Energy Development Corp, Philippines
- London Commodity Brokers - England
- GMR Energy Limited - India
- Kumho Petrochemical, South Korea
- GN Power Mariveles Coal Plant, Philippines
- India Bulls Power Limited - India
- Ministry of Finance - Indonesia
- Lanco Infratech Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- McConnell Dowell - Australia
- Videocon Industries ltd - India
- CNBM International Corporation - China
- Independent Power Producers Association of India
- Meenaskhi Energy Private Limited - India
- Jindal Steel & Power Ltd - India
- Gujarat Sidhee Cement - India
- Krishnapatnam Port Company Ltd. - India
- Goldman Sachs - Singapore
- Xindia Steels Limited - India
- The University of Queensland
- Manunggal Multi Energi - Indonesia
- Sarangani Energy Corporation, Philippines
- Renaissance Capital - South Africa
- Eastern Coal Council - USA
- Bayan Resources Tbk. - Indonesia
- Petron Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
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