Indonesia expects trend of higher coal prices to extend until end-2018
Coal production has already hit 48.5 million tonnes or 9% of national production in 2018. Indonesia is expecting the upward trend of coal prices to continue until the end of the year on the back of increased global demand for the commodity, Antara News reports. According to Rendra Prasetya Kiswono of the Coordination Function Analysis […]
Ansaldo Energia revs up energy development in Indonesia
It is willing to offer top technologies to customers in Indonesia as its power market is expected to grow at a tremendous rate. Ansaldo Energia has been active in Indonesia for over 20 years and has two recent installations in the country. It has recently completed the supply of two gas turbines in Grati Power […]
Renewables edging out coal in South-East Asia
[MANILA] Within a decade, Indonesia, the Philippines and Vietnam will find it cheaper to create new solar cell capacity than keep existing coal-fired power plants running to generate electricity, says a new report. Power generation from renewable sources is crucial to meeting the key goal of the 2015 Paris Agreement to maintain global average temperature rise […]
Indonesia and Malaysia sidesteps EU’s trade curb
KUALA LUMPUR: Malaysia and Indonesia are not participating in the EU’s Indirect Land Use Change (ILUC) Workshop related to biofuels in Brussels, Belgium. In a statement on Thursday, the Council of Palm Oil Producing Countries (CPOPC) explained that it was because of the likelihood of the EU using the ILUC’s land use criteria to justify […]
Pertamina, Bukit Asam ink coal gasification deal in US
State-owned energy holding company Pertamina and state-owned coal mining firm PT Bukit Asam (PTBA) have inked a partnership with chemical company Air Products and Chemicals Inc. on coal gasification. Under the agreement, the United States-based company would build a facility to produce coal derivative products, like dimethylether (DME) and synthetic natural gas (SNG) at the […]
Geo Energy inks coal off take, equity investment with Australia’s Macquarie Bank
INDONESIAN coal miner Geo Energy Resources has scored a three-in-one with Australia’s Macquarie Bank that will see the Singapore-listed firm secure more than US$75 million in fresh funds by way of a pre-payment for a coal offtake deal for its mine and proposed equity investment alongside a trade finance facility for which the sum was […]
Indonesia hauling ban could paralyse South Sumatra coal mining : Assoc
Indonesia is the world’s top thermal coal exporter, and South Sumatra’s total output of the fuel this year was expected to be 48.5 million tonnes, the Indonesian Independent Power Producers Association (APLSI) said in an emailed statement. New Delhi: Indonesia’s South Sumatra province plans to ban coal transporters from using public roads from Nov. 8, […]