20-21 Jan, 2010 - Jakarta, INDONESIA
Gran Meliá Jakarta
Gran Meliá Jakarta
"Building on COAL Potential to Meet
POWER Demand"
Strategize & Integrate the Coal & Power Supply Chain!
As Asia rushes to meet extensive power demand, coal is the most sought after fuel. From law reforms to growing investment interest, Indonesia is in the radar as one of the leading coal exporting countries to ensure continuity of supply. Whilst meeting domestic demand, how will the supply dynamics change for the country in the long run? How will this impact other Asian countries?
"China is the fastest growing coal market in the world, and the net coal imports are up nearly 150% in 2009. India is the fastest growing coal importer and expects to be short by as much as 200 mtpa of coal within five years."
Source: Bulk Materials International Online, Oct 2009
"Power-station coal prices may climb by more than 40% in 2010 from current levels as a global economic recovery boosts demand from power plants and steels producers."
Source: The Jakarta Post, Oct 2009
From the suppliers' perspective to the buyers' outlook, CMT's Asia Coal Power is the event that brings together both coal suppliers & power producers/ IPPs in one platform.
10 Reasons to Attend:
Register with your team today at www. cmtevents.com or send your enquiry to Sasha@cmtsp.com.sg
You will network with
- Managing Directors/CEOs/CFOs
- Business Development Directors/Managers
- Production/Procurement Managers
- Power Producers/Investors/IPPs
- National Power/Utilities Company
- Coal Suppliers
- Coal/Energy Traders & Marketers
- Investment Bankers/Project Financiers
- Shipping/Logistics Managers/Brokers
- Technology & Equipment Supplier
- Tax Consultants
- Power Consultants
In an interview with Reuters, Dr. Ir. Bambang Setiawan, Director General of mineral, coal and geothermal at the energy and mining ministry, has commented that Indonesian mining investment is expected to hit USD 2.5 billion next year, up from USD 1.81 billion in 2009, supported by greater certainty after the introduction of new mining regulations.
Major global resource firms operating in Indonesia include Freeport McMoRan Copper & Gold Inc and Newmont Mining Corporation, but much of the investment was made decades ago.
Some foreign firms have already shelved investment plans since last year, partly due to uncertainties over the new mining law, which also includes contentious items such as shorter term mining permits rather than longer-term contracts of work.
Those who are keen to find out more on Indonesia's new mining law should attend the Asia Coal Power - Jakarta on 20-21 January, where panellist from Ministry of Energy & Mineral Resources (MEMR), Indonesia Coal Mining Association (ICMA), Bhakti Energy Persada Group, and more, will define the new regulation and it's impact on Indonesia's power scene.
For more information, contact Ms Lee Lin at leelin@cmtsp.com.sg.
06 Jan, 2010
Expect an important update on Indonesia's Coal Mining Law Implementation Guidelines at Asia Coal Power conference! Hear from Dr. Ir. Bambang Setiawan, DG (Mineral, Coal & Geothermal) at Ministry of Energy & Mineral Resources- Indonesia.
Dr. Bambang would be providing the opening address at Asia Coal Power conference, touching on “Understanding Government's Strategy for Indonesia's Coal Mining Sector”, and the Implementation Guidelines expected to be issued in January 2010.
Indonesia's new coal and mining law, which was passed in December 2008, requires coal producers to sell a certain portion of their output to the domestic market since demand at home is expected to surge in coming years as new power projects are completed.
Questions remain over the scope of these Implementation Guidelines, and if they are going to account for coal producers who are unable to meet Domestic Market Obligations (DMO). This is especially crucial given the difficulties faced by foreign coal producers holding coal works contracts who have not been able to meet the Domestic Market Obligations spelled out by the Mining Law. This stems from preferences of local buyers to procure cheap coal from smaller rivals.
According to a report in Reuters, holders of a coal contract of works (a long-term agreement between foreign firms and the central government) normally sell coal at higher prices, as the pact gives the government a 13.5 percent cut of coal revenue. This contrasts with smaller, domestic rivals, who hold a mining authorization or KP (available only to domestic firms and signed with local governments) who pay a lower coal royalty of between 3-7 percent, depending on the coal varieties.
Coal and power industry executives with a vested interest in Indonesia’s coal sector are encouraged to attend Asia Coal Power, where they can hear from, and quiz Dr. Bambang on details of the Implementation Guidelines for the Mining law passed in 2008, future government policies and how it will impact Coal investments in Indonesia.
Those keen on attending Asia Coal Power can send in their registrations at the Asia Coal Power website. >>Click Here to access the online registration page<<
20 Dec, 2009
2 more experts, both senior executives from Fortis Bank and Coeclerici have just confirmed their participation in the Asia Coal Power conference as speakers.
Mr Laurent Margoloff, Vice President-Global Export & Project Finance Asia at Fortis Merchant Banking Singapore will discuss the “Fundamentals of Financing in a Credit Squeeze and Volatile Environment”. Mr. Margoloff’s speech will offer much needed clarity on project financing options in a tight credit environment.
Mr. Alberto Simeone, Chief Representative of Coeclerici Indonesia also confirmed his participation in the Asia Coal Power conference speakers’ panel. Mr. Simeone will discuss, “Offshore loading as an alternative to port structure”, offering insights into floating facilities and the comparison between shore and offshore logistics and advantages.
Mr. Simone and Mr. Margoloff will join senior representatives from Tata Power, Meiya Coal Power Co. Ltd, PT PLN & Indonesia’s Ministry of Energy & Mineral Resources, Berau Coal, OneEnergy Ltd, Bhakti Energy Persada Group, PricewaterhouseCoopers, PT Coalindo Energy, Asia Renewables, Platts and others sharing views on the Asia Coal Power speakers panel.
Asia Coal Power conference meets in Jakarta on Jan 20-21, 2010 to discuss growing power demand in Asia & increasing Power sector investments in Indonesia's coalmines to ensure security of supply for power plants. The conference will also discuss competitive strategies of coal mining companies in a competitive landscape, coal pricing in Asia, coal logistics and transportation and tax and legal issues in coal mining investments.
Asia Coal Power is now accepting registrations for the conference, as well as enquiries on sponsorship packages, media partnerships and exhibition space. >>Submit your registrations and enquiries here.<<
08 Dec, 2009
Demand for coal across Asia is hot, especially among Asia’s growing power markets. From China to India to Indonesia, coal and power producers alike are seeking opportunities in mining investments to ensure continuity of supply.
India for example has almost 8 percent annual power demand growth, with demand for imported coal expected to reach 43 million tons in 2009 because of its short domestic supply. China also became a net coal importer in 2009. In Indonesia, PLN predicts Indonesia's energy demand will rise from 272 TWh (terawatt hours) this year to 325 TWh in 2018, and coal-steam power plants will account for 60 percent of the supply. (From the Jakarta Post)
CMT's Asia Coal Power conference will convene in Jakarta, INDONESIA on 20-21 January 2010 to provide updates on pricing trend & project developments across Asia Pacific and explore hurdles & opportunities in mining investments.
This event will kick off with a keynote address by Mr. Bob Kamandanu, President Director of Berau Coal & Chairman of Indonesian Coal Mining Association. Other invited panelists include senior representatives PT PLN, OneEnergy Ltd, Tata Power, Meiya Power Co. Ltd, PT Telen Eco Coal, PricewaterhouseCoopers, PT Coal Indo Energy, Argus Media, Asia Renewables, Platts plus others.
At AsiaCoal Power participants can expect to find out more about:
The Asia Coal Power conference is slated to attract participation from Power Generator/Investors, National Power/Utilities Companies, Coal Producers, Coal/Energy Traders & Marketers, Investment Bankers, Project Financiers, Shipping/Logistics Managers & Brokers, Technology & Equipment Suppliers to name a few.
Watch this page for more updates on the conference, including confirmed panelists, special fringe events and other important announcements.
In the mean time, if you are keen on participation, or a sponsorship or media exchange partnership, you can email your enquiries and proposals to Ms. Nadia Albahar at nadia@cmtsp.com.sg.
23 Oct, 2009
Dr. Bambang is expected to share an important update on Indonesia's Coal Mining Law Implementation Guidelines at Asia Coal Power conference during his opening address on “Understanding Government's Strategy for Indonesia's Coal Mining Sector”. >>Read More Here...<<
20 Dec, 2009
At Asia Coal Power, Mr Laurent Margoloff from Fortis Merchant Banking will offer much needed clarity on project financing options in a tight credit environment and Mr. Alberto Simeone of Coeclerici Indonesia will discuss floating facilities and the comparison between shore and offshore logistics and advantages. >>Find out more here<<
08 Dec, 2009
Coal is hot in Asia as power markets continue to grow & mining investments surge. Asia Coal Power in Jakarta offers suppliers' perspectives & buyers' outlook on price trends, industry challenges & investment opportunities in the region! >>Click to find out more...<<
20 Oct, 2009
Asia Coal Power conference shares comprehensive updates on market opportunities in Coal Mining investments for power generation. Conference covers Indonesia, India, China & Vietnam markets and more... >>Find out more here...<<
20 Oct, 2009
