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Tuesday, 25 May 10
KALIMANTAN COAL RAIL PROJECT RUNS INTO COST DELAY - THE JAKARTA GLOBE
 The Jakart globe reported that, A$1.5 billion coal rail and port project planned for Central Kalimantan may be delayed by a year after a review of the integrated project uncovered an estimated $700 million in additional costs, a senior national planning official said on Monday.
Lukas Hutagalung, a program management specialist at the National Development Planning Board (Bappenas), said the total cost of the project was now estimated to be $2.2 billion after a government review last month determined improvements were needed to a port that is part of the project and other water transportation-facilities. He did not elaborate on what prompted the review, or the precise nature of the improvements that are needed.
The Puruk Cahu-Bangkuang railway line is the first of four proposed sections of rail line stretching approximately 1,829 kilometers across the province to connect coal mines and ports.
It is hoped that construction of the rail line will help maximize coal production in the province, which is estimated to hold 4.8 million tons of coal, representing more than half of the country’s total estimated deposits of about seven million tons.
The project will be offered to investors under a public-private partnership scheme, with the line being constructed by private investors who will be given a concession to operate it for 30 years, with guarantees that all coal transported from the area will be carried by rail.
The government said last month that 10 investors had demonstrated “great interest” in the rail project, including Japan’s Itochu, China Harbor Engineering and PT Jasa Power Indonesia, a subsidiary of coal miner PT Adaro Energy.
Because of the soaring cost of the project, the government now expects a delay in the project’s completion.
“Previously, the coal railway project was scheduled to be finished by the end of 2012, but now we presume that it will be finished by the end of 2013 at the earliest,” Lukas said.
Due to the change in costs, Lukas said investors had asked the government to extend pre-qualification registration prior to the tender as they try to adjust their financing proposals.
The government extended registration until June 4.
Bastary Panji Indra, a director in charge of public-private partnerships at Bappenas, said 15 companies had now received the pre-qualification documents.
Among the companies are Singapore’s Vestindo Primaland and IL&FS Transportation Network Limited of India.
The Central Kalimantan coal railway project is one of the 100 public-private projects the government plans to get off the ground in the 2010-14 period.
The government has said it hopes to attract Rp 50 trillion ($5.4 billion) of private investment in public-private partnerships this year.
Source: The Jakarta Globe ( By- Irvan Tisnabudi)
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Tuesday, 13 July 10
FURTHER LOSSES FOR BALTIC DRY INDEX ON HIGH VESSEL SUPPLY
The dry bulk market can’t catch a breath, as it has now entered the 7th straight week of losses. The industry’s benchmark, the Baltic Dr ...
Sunday, 11 July 10
OVERALL NO OR NEGLIGIBLE IMPACT IN ARUTMIN MINE - BUMI
COALspot.com: Bumi denies the media reports on an impact of unusually rains on coal production in BUMI mines.
"Arutmin is being impacted by ...
Saturday, 10 July 10
FREIGHT MARKET SITUATION MAY CONTINUE FOR NEXT COUPLE OF WEEKS - VISTAAR
COALspot.com: The market continued to soften further with the cape and panamax index down by about 20 pct and closed at 2,102 and 1,944 points respe ...
Saturday, 10 July 10
STC OF INDIA TO ASSOCIATE WITH FUEL SUPPLIERS
COALspot.com: State Trading corporation of India, which is under Ministry of Commerce, has invited Expression of Interest from coal suppliers ...
Saturday, 10 July 10
SCOMI TO SELL STAKE IN INDONESIA OPS - THE STAR
The star online reported that, Scomi Marine Bhd will sell a stake in its marine logistics business in Indonesia to a large Indonesian company to dea ...
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- Borneo Indobara - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Tamil Nadu electricity Board
- GAC Shipping (India) Pvt Ltd
- Cement Manufacturers Association - India
- Port Waratah Coal Services - Australia
- Electricity Generating Authority of Thailand
- Maheswari Brothers Coal Limited - India
- Mercator Lines Limited - India
- Timah Investasi Mineral - Indoneisa
- Orica Mining Services - Indonesia
- Chettinad Cement Corporation Ltd - India
- Georgia Ports Authority, United States
- Indian Oil Corporation Limited
- Attock Cement Pakistan Limited
- PNOC Exploration Corporation - Philippines
- Meralco Power Generation, Philippines
- Samtan Co., Ltd - South Korea
- PTC India Limited - India
- McConnell Dowell - Australia
- Romanian Commodities Exchange
- Posco Energy - South Korea
- ASAPP Information Group - India
- Uttam Galva Steels Limited - India
- Simpson Spence & Young - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Sinarmas Energy and Mining - Indonesia
- Thai Mozambique Logistica
- Indian Energy Exchange, India
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Mineral Development Corp Ltd - India
- TeaM Sual Corporation - Philippines
- Bharathi Cement Corporation - India
- Kapuas Tunggal Persada - Indonesia
- White Energy Company Limited
- IHS Mccloskey Coal Group - USA
- Central Electricity Authority - India
- Ind-Barath Power Infra Limited - India
- Central Java Power - Indonesia
- SMG Consultants - Indonesia
- Marubeni Corporation - India
- IEA Clean Coal Centre - UK
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ministry of Finance - Indonesia
- Global Green Power PLC Corporation, Philippines
- Indogreen Group - Indonesia
- Savvy Resources Ltd - HongKong
- Africa Commodities Group - South Africa
- Parliament of New Zealand
- Carbofer General Trading SA - India
- South Luzon Thermal Energy Corporation
- Singapore Mercantile Exchange
- Power Finance Corporation Ltd., India
- International Coal Ventures Pvt Ltd - India
- Vedanta Resources Plc - India
- Directorate Of Revenue Intelligence - India
- Ministry of Transport, Egypt
- Altura Mining Limited, Indonesia
- Leighton Contractors Pty Ltd - Australia
- Sakthi Sugars Limited - India
- Anglo American - United Kingdom
- Bhatia International Limited - India
- Baramulti Group, Indonesia
- The Treasury - Australian Government
- Interocean Group of Companies - India
- Bhushan Steel Limited - India
- Riau Bara Harum - Indonesia
- Malabar Cements Ltd - India
- Metalloyd Limited - United Kingdom
- Formosa Plastics Group - Taiwan
- Sree Jayajothi Cements Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Indika Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Alfred C Toepfer International GmbH - Germany
- Vizag Seaport Private Limited - India
- Billiton Holdings Pty Ltd - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Australian Coal Association
- Ambuja Cements Ltd - India
- Intertek Mineral Services - Indonesia
- Jindal Steel & Power Ltd - India
- Kumho Petrochemical, South Korea
- Lanco Infratech Ltd - India
- Edison Trading Spa - Italy
- India Bulls Power Limited - India
- The State Trading Corporation of India Ltd
- Gujarat Electricity Regulatory Commission - India
- Electricity Authority, New Zealand
- Global Coal Blending Company Limited - Australia
- OPG Power Generation Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Indonesian Coal Mining Association
- Karaikal Port Pvt Ltd - India
- Mintek Dendrill Indonesia
- Bangladesh Power Developement Board
- GN Power Mariveles Coal Plant, Philippines
- Planning Commission, India
- European Bulk Services B.V. - Netherlands
- Thiess Contractors Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Minerals Council of Australia
- Kartika Selabumi Mining - Indonesia
- London Commodity Brokers - England
- Binh Thuan Hamico - Vietnam
- Medco Energi Mining Internasional
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Essar Steel Hazira Ltd - India
- Chamber of Mines of South Africa
- Sarangani Energy Corporation, Philippines
- Aditya Birla Group - India
- Wood Mackenzie - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Coalindo Energy - Indonesia
- Standard Chartered Bank - UAE
- Iligan Light & Power Inc, Philippines
- Petron Corporation, Philippines
- The University of Queensland
- Dalmia Cement Bharat India
- Pendopo Energi Batubara - Indonesia
- San Jose City I Power Corp, Philippines
- Latin American Coal - Colombia
- Karbindo Abesyapradhi - Indoneisa
- Eastern Energy - Thailand
- Semirara Mining Corp, Philippines
- Therma Luzon, Inc, Philippines
- Jaiprakash Power Ventures ltd
- GVK Power & Infra Limited - India
- VISA Power Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Agrawal Coal Company - India
- Kepco SPC Power Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Sojitz Corporation - Japan
- Economic Council, Georgia
- Manunggal Multi Energi - Indonesia
- Toyota Tsusho Corporation, Japan
- LBH Netherlands Bv - Netherlands
- Madhucon Powers Ltd - India
- GMR Energy Limited - India
- Bayan Resources Tbk. - Indonesia
- Siam City Cement - Thailand
- Krishnapatnam Port Company Ltd. - India
- Neyveli Lignite Corporation Ltd, - India
- Antam Resourcindo - Indonesia
- Kobexindo Tractors - Indoneisa
- Directorate General of MIneral and Coal - Indonesia
- Bukit Makmur.PT - Indonesia
- Mjunction Services Limited - India
- CNBM International Corporation - China
- Holcim Trading Pte Ltd - Singapore
- Global Business Power Corporation, Philippines
- Makarim & Taira - Indonesia
- Star Paper Mills Limited - India
- Sindya Power Generating Company Private Ltd
- Oldendorff Carriers - Singapore
- Aboitiz Power Corporation - Philippines
- Cigading International Bulk Terminal - Indonesia
- Grasim Industreis Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Salva Resources Pvt Ltd - India
- PowerSource Philippines DevCo
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Tata Chemicals Ltd - India
- Coal and Oil Company - UAE
- Trasteel International SA, Italy
- Parry Sugars Refinery, India
- Banpu Public Company Limited - Thailand
- Ceylon Electricity Board - Sri Lanka
- Independent Power Producers Association of India
- PetroVietnam Power Coal Import and Supply Company
- Australian Commodity Traders Exchange
- Eastern Coal Council - USA
- Mercuria Energy - Indonesia
- Goldman Sachs - Singapore
- Gujarat Sidhee Cement - India
- Ministry of Mines - Canada
- Semirara Mining and Power Corporation, Philippines
- Commonwealth Bank - Australia
- New Zealand Coal & Carbon
- Sical Logistics Limited - India
- Rio Tinto Coal - Australia
- Merrill Lynch Commodities Europe
- Globalindo Alam Lestari - Indonesia
- SN Aboitiz Power Inc, Philippines
- Deloitte Consulting - India
- Bhoruka Overseas - Indonesia
- Kideco Jaya Agung - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Price Waterhouse Coopers - Russia
- Indo Tambangraya Megah - Indonesia
- Kaltim Prima Coal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Videocon Industries ltd - India
- Meenaskhi Energy Private Limited - India
- Renaissance Capital - South Africa
- Asmin Koalindo Tuhup - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Heidelberg Cement - Germany
- Straits Asia Resources Limited - Singapore
- ICICI Bank Limited - India
- Siam City Cement PLC, Thailand
- Energy Link Ltd, New Zealand
- Xindia Steels Limited - India
- Bulk Trading Sa - Switzerland
- MS Steel International - UAE
- Larsen & Toubro Limited - India
- Orica Australia Pty. Ltd.
- Wilmar Investment Holdings
- Asia Pacific Energy Resources Ventures Inc, Philippines
- SMC Global Power, Philippines
- Energy Development Corp, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Rashtriya Ispat Nigam Limited - India
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