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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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Sunday, 20 June 10
OUR COAL: ITS DEVELOPMENT AND CONTROVERSIAL ISSUES
Indonesia’s production of coal has been growing amazingly. In the mid 1980s, national coal production was less than 1 million tons per annum, ...
Saturday, 19 June 10
STRONG DEMAND, RISING PRODUCTION SETTING SCENE FOR COAL BONANZA - THE JAKARTA GLOBE
The Jakarta globe rerported that, As the nation’s coal miners enjoy burgeoning demand from energy-hungry economies such as China and India, th ...
Saturday, 19 June 10
DRY BULK MARKET DOWN ON CHINESE SLOWDOWN FEARS
Dry bulk freight rates have been on a freefall for more than two weeks now, something which has caused the industry’s benchmark, the Baltic Dr ...
Saturday, 19 June 10
COAL INDIA KEEN ON BLOCK DEVELOPMENT IN INDONESIA - THE HINDU BUSINESS LINE
Expanding horizon
Agreement by the Indonesian Government is likely to help CIL gain foothold in India's largest sourcing point of thermal coal.
...
Friday, 18 June 10
THE PANAMAX MARKET CONTINUED ITS SOFTENING TREND - FEARNBULK
Handy
Flat Atlantic markets with most markets in ´slow mode´ due to holidays in China.
Supramax vessels open in the USG are achievi ...
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- Ministry of Finance - Indonesia
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- Banpu Public Company Limited - Thailand
- Wood Mackenzie - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Kapuas Tunggal Persada - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- MS Steel International - UAE
- Samtan Co., Ltd - South Korea
- Ministry of Transport, Egypt
- Price Waterhouse Coopers - Russia
- Madhucon Powers Ltd - India
- Mintek Dendrill Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Attock Cement Pakistan Limited
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- Karbindo Abesyapradhi - Indoneisa
- Jorong Barutama Greston.PT - Indonesia
- Heidelberg Cement - Germany
- Bukit Makmur.PT - Indonesia
- Ambuja Cements Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Sojitz Corporation - Japan
- Kumho Petrochemical, South Korea
- Standard Chartered Bank - UAE
- Videocon Industries ltd - India
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- Intertek Mineral Services - Indonesia
- Romanian Commodities Exchange
- Indonesian Coal Mining Association
- Meenaskhi Energy Private Limited - India
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- Trasteel International SA, Italy
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- Star Paper Mills Limited - India
- Ministry of Mines - Canada
- Semirara Mining Corp, Philippines
- PNOC Exploration Corporation - Philippines
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- Georgia Ports Authority, United States
- Indika Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Bulk Trading Sa - Switzerland
- Dalmia Cement Bharat India
- Indian Oil Corporation Limited
- Leighton Contractors Pty Ltd - Australia
- Indo Tambangraya Megah - Indonesia
- Karaikal Port Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- McConnell Dowell - Australia
- The University of Queensland
- Tamil Nadu electricity Board
- Chamber of Mines of South Africa
- Miang Besar Coal Terminal - Indonesia
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- Toyota Tsusho Corporation, Japan
- Posco Energy - South Korea
- Kepco SPC Power Corporation, Philippines
- Power Finance Corporation Ltd., India
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- Meralco Power Generation, Philippines
- Larsen & Toubro Limited - India
- Australian Coal Association
- Australian Commodity Traders Exchange
- Iligan Light & Power Inc, Philippines
- Bangladesh Power Developement Board
- Edison Trading Spa - Italy
- Bank of Tokyo Mitsubishi UFJ Ltd
- Eastern Coal Council - USA
- Manunggal Multi Energi - Indonesia
- Altura Mining Limited, Indonesia
- Energy Link Ltd, New Zealand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Rashtriya Ispat Nigam Limited - India
- Antam Resourcindo - Indonesia
- Coalindo Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Kalimantan Lumbung Energi - Indonesia
- Merrill Lynch Commodities Europe
- Orica Mining Services - Indonesia
- Siam City Cement - Thailand
- Savvy Resources Ltd - HongKong
- Bahari Cakrawala Sebuku - Indonesia
- Economic Council, Georgia
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- Aditya Birla Group - India
- Electricity Authority, New Zealand
- Jindal Steel & Power Ltd - India
- CNBM International Corporation - China
- Pipit Mutiara Jaya. PT, Indonesia
- Energy Development Corp, Philippines
- Mjunction Services Limited - India
- Alfred C Toepfer International GmbH - Germany
- Agrawal Coal Company - India
- European Bulk Services B.V. - Netherlands
- Uttam Galva Steels Limited - India
- Renaissance Capital - South Africa
- San Jose City I Power Corp, Philippines
- Bayan Resources Tbk. - Indonesia
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- Thiess Contractors Indonesia
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- AsiaOL BioFuels Corp., Philippines
- TeaM Sual Corporation - Philippines
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- The Treasury - Australian Government
- Vedanta Resources Plc - India
- Ind-Barath Power Infra Limited - India
- Krishnapatnam Port Company Ltd. - India
- Minerals Council of Australia
- Central Java Power - Indonesia
- Global Coal Blending Company Limited - Australia
- Coastal Gujarat Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- GMR Energy Limited - India
- Lanco Infratech Ltd - India
- Xindia Steels Limited - India
- Tata Chemicals Ltd - India
- Therma Luzon, Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Pendopo Energi Batubara - Indonesia
- The State Trading Corporation of India Ltd
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- London Commodity Brokers - England
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- Maheswari Brothers Coal Limited - India
- IHS Mccloskey Coal Group - USA
- Interocean Group of Companies - India
- PowerSource Philippines DevCo
- Billiton Holdings Pty Ltd - Australia
- Riau Bara Harum - Indonesia
- Kideco Jaya Agung - Indonesia
- Parry Sugars Refinery, India
- Mercator Lines Limited - India
- Borneo Indobara - Indonesia
- Straits Asia Resources Limited - Singapore
- Eastern Energy - Thailand
- Planning Commission, India
- IEA Clean Coal Centre - UK
- Metalloyd Limited - United Kingdom
- Makarim & Taira - Indonesia
- SMC Global Power, Philippines
- Central Electricity Authority - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- White Energy Company Limited
- Chettinad Cement Corporation Ltd - India
- Orica Australia Pty. Ltd.
- Coal and Oil Company - UAE
- OPG Power Generation Pvt Ltd - India
- ASAPP Information Group - India
- Port Waratah Coal Services - Australia
- Cement Manufacturers Association - India
- Parliament of New Zealand
- Africa Commodities Group - South Africa
- Sakthi Sugars Limited - India
- Bharathi Cement Corporation - India
- Gujarat Mineral Development Corp Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Aboitiz Power Corporation - Philippines
- Global Business Power Corporation, Philippines
- SMG Consultants - Indonesia
- Baramulti Group, Indonesia
- Commonwealth Bank - Australia
- Singapore Mercantile Exchange
- Global Green Power PLC Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Maharashtra Electricity Regulatory Commission - India
- Sarangani Energy Corporation, Philippines
- Indogreen Group - Indonesia
- Bhatia International Limited - India
- LBH Netherlands Bv - Netherlands
- Goldman Sachs - Singapore
- Ceylon Electricity Board - Sri Lanka
- ICICI Bank Limited - India
- Binh Thuan Hamico - Vietnam
- Grasim Industreis Ltd - India
- New Zealand Coal & Carbon
- GVK Power & Infra Limited - India
- Directorate Of Revenue Intelligence - India
- Rio Tinto Coal - Australia
- Mercuria Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Independent Power Producers Association of India
- Globalindo Alam Lestari - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Barasentosa Lestari - Indonesia
- Marubeni Corporation - India
- Simpson Spence & Young - Indonesia
- Anglo American - United Kingdom
- Indian Energy Exchange, India
- Carbofer General Trading SA - India
- Electricity Generating Authority of Thailand
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- Petron Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Siam City Cement PLC, Thailand
- Asmin Koalindo Tuhup - Indonesia
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- PTC India Limited - India
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