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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 ($5.4 billion) of private investment in public-private partnerships this year.
Source: The Jakarta Globe ( By- Irvan Tisnabudi)
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Tuesday, 15 June 10
INDONESIA'S COAL EXPORTS FELL TO 18.52 - MILLION TONS IN MAY
COALspot.com: Indonesia, the world largest coal exporter, shipped 18,529,695 of coal in May 2010. May coal exports dropped by 20.61 percent co ...
Monday, 14 June 10
S. AFRICA BOOSTS COAL SALES TO INDIA 12%, TRADER SAYS
Bloomberg reported that, South Africa’s Richards Bay, the world’s second-biggest coal export harbor, boosted sales to India by 12 percen ...
Sunday, 13 June 10
THE FUTURES FOR THREE YEARS (2010-2012) WAS AT AROUND CAPE/US$ 29000 PER DAY & PANAMAX/US$ 20500 PER DAY - VISTAAR
COALspot.com: The market continue to soften in all sectors and the most affected was cape size which was down by 16.32 pct. The BDI was down by 14.4 ...
Saturday, 12 June 10
BALTIC EXCHANGE ESTABLISHES ASIA-PACIFIC OFFICE
The London-based Baltic Exchange has today announced it is setting up an Asia-Pacific Representative Office in Singapore, to ensure closer contact w ...
Saturday, 12 June 10
NALCO TO ROPE IN PARTNERS FOR INDONESIA PROJECT
Sify reported that, the public sector National Aluminium Company (Nalco) is set to finalise the terms of its joint venture (JV) agreement with two f ...
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- Therma Luzon, Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Romanian Commodities Exchange
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- Siam City Cement PLC, Thailand
- Eastern Energy - Thailand
- Ministry of Transport, Egypt
- Neyveli Lignite Corporation Ltd, - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Interocean Group of Companies - India
- Bukit Asam (Persero) Tbk - Indonesia
- Riau Bara Harum - Indonesia
- Indo Tambangraya Megah - Indonesia
- The Treasury - Australian Government
- White Energy Company Limited
- Globalindo Alam Lestari - Indonesia
- GAC Shipping (India) Pvt Ltd
- Jorong Barutama Greston.PT - Indonesia
- SMG Consultants - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Latin American Coal - Colombia
- Bangladesh Power Developement Board
- Rio Tinto Coal - Australia
- Banpu Public Company Limited - Thailand
- Medco Energi Mining Internasional
- Oldendorff Carriers - Singapore
- Billiton Holdings Pty Ltd - Australia
- Krishnapatnam Port Company Ltd. - India
- Malabar Cements Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Samtan Co., Ltd - South Korea
- Rashtriya Ispat Nigam Limited - India
- Orica Australia Pty. Ltd.
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
- European Bulk Services B.V. - Netherlands
- India Bulls Power Limited - India
- Aboitiz Power Corporation - Philippines
- Formosa Plastics Group - Taiwan
- Siam City Cement - Thailand
- Uttam Galva Steels Limited - India
- Central Java Power - Indonesia
- ICICI Bank Limited - India
- Commonwealth Bank - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Gujarat Mineral Development Corp Ltd - India
- CIMB Investment Bank - Malaysia
- Posco Energy - South Korea
- Georgia Ports Authority, United States
- Bahari Cakrawala Sebuku - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Gujarat Sidhee Cement - India
- Cement Manufacturers Association - India
- Pendopo Energi Batubara - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mjunction Services Limited - India
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- Maheswari Brothers Coal Limited - India
- Agrawal Coal Company - India
- Merrill Lynch Commodities Europe
- Pipit Mutiara Jaya. PT, Indonesia
- Central Electricity Authority - India
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- Deloitte Consulting - India
- Sarangani Energy Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Essar Steel Hazira Ltd - India
- Bharathi Cement Corporation - India
- Kumho Petrochemical, South Korea
- Simpson Spence & Young - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Tata Chemicals Ltd - India
- GVK Power & Infra Limited - India
- Xindia Steels Limited - India
- Indonesian Coal Mining Association
- Thai Mozambique Logistica
- Timah Investasi Mineral - Indoneisa
- Electricity Authority, New Zealand
- San Jose City I Power Corp, Philippines
- Mintek Dendrill Indonesia
- Makarim & Taira - Indonesia
- Star Paper Mills Limited - India
- Baramulti Group, Indonesia
- Standard Chartered Bank - UAE
- Energy Development Corp, Philippines
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- South Luzon Thermal Energy Corporation
- Borneo Indobara - Indonesia
- Sindya Power Generating Company Private Ltd
- Kalimantan Lumbung Energi - Indonesia
- Altura Mining Limited, Indonesia
- Kartika Selabumi Mining - Indonesia
- Vedanta Resources Plc - India
- Kapuas Tunggal Persada - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Coal and Oil Company - UAE
- Attock Cement Pakistan Limited
- Kideco Jaya Agung - Indonesia
- Energy Link Ltd, New Zealand
- Bhoruka Overseas - Indonesia
- Salva Resources Pvt Ltd - India
- Madhucon Powers Ltd - India
- Directorate Of Revenue Intelligence - India
- Australian Coal Association
- Meralco Power Generation, Philippines
- Port Waratah Coal Services - Australia
- Asmin Koalindo Tuhup - Indonesia
- Antam Resourcindo - Indonesia
- Heidelberg Cement - Germany
- Sojitz Corporation - Japan
- Eastern Coal Council - USA
- Independent Power Producers Association of India
- Goldman Sachs - Singapore
- Coalindo Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Toyota Tsusho Corporation, Japan
- Parry Sugars Refinery, India
- Miang Besar Coal Terminal - Indonesia
- London Commodity Brokers - England
- Meenaskhi Energy Private Limited - India
- Bhushan Steel Limited - India
- Manunggal Multi Energi - Indonesia
- Edison Trading Spa - Italy
- Global Green Power PLC Corporation, Philippines
- ASAPP Information Group - India
- Mercator Lines Limited - India
- Dalmia Cement Bharat India
- Karaikal Port Pvt Ltd - India
- Ministry of Finance - Indonesia
- Intertek Mineral Services - Indonesia
- Mercuria Energy - Indonesia
- Anglo American - United Kingdom
- SN Aboitiz Power Inc, Philippines
- The State Trading Corporation of India Ltd
- Maharashtra Electricity Regulatory Commission - India
- Orica Mining Services - Indonesia
- Bulk Trading Sa - Switzerland
- McConnell Dowell - Australia
- Karbindo Abesyapradhi - Indoneisa
- Trasteel International SA, Italy
- Chamber of Mines of South Africa
- Price Waterhouse Coopers - Russia
- Videocon Industries ltd - India
- Indian Energy Exchange, India
- Metalloyd Limited - United Kingdom
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Aditya Birla Group - India
- PTC India Limited - India
- The University of Queensland
- Binh Thuan Hamico - Vietnam
- MS Steel International - UAE
- Tamil Nadu electricity Board
- Jaiprakash Power Ventures ltd
- Sree Jayajothi Cements Limited - India
- Australian Commodity Traders Exchange
- Wilmar Investment Holdings
- Sakthi Sugars Limited - India
- Minerals Council of Australia
- Indogreen Group - Indonesia
- Petron Corporation, Philippines
- IEA Clean Coal Centre - UK
- Ind-Barath Power Infra Limited - India
- Parliament of New Zealand
- Lanco Infratech Ltd - India
- Kepco SPC Power Corporation, Philippines
- Power Finance Corporation Ltd., India
- Gujarat Electricity Regulatory Commission - India
- New Zealand Coal & Carbon
- Semirara Mining and Power Corporation, Philippines
- Renaissance Capital - South Africa
- Ambuja Cements Ltd - India
- TeaM Sual Corporation - Philippines
- Bukit Baiduri Energy - Indonesia
- Semirara Mining Corp, Philippines
- Holcim Trading Pte Ltd - Singapore
- Vizag Seaport Private Limited - India
- Global Business Power Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Iligan Light & Power Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Indika Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- Larsen & Toubro Limited - India
- Thiess Contractors Indonesia
- Barasentosa Lestari - Indonesia
- IHS Mccloskey Coal Group - USA
- International Coal Ventures Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Singapore Mercantile Exchange
- Carbofer General Trading SA - India
- Africa Commodities Group - South Africa
- Jindal Steel & Power Ltd - India
- PowerSource Philippines DevCo
- Indian Oil Corporation Limited
- Sinarmas Energy and Mining - Indonesia
- GMR Energy Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Economic Council, Georgia
- PetroVietnam Power Coal Import and Supply Company
- Ministry of Mines - Canada
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Electricity Generating Authority of Thailand
- VISA Power Limited - India
- Chettinad Cement Corporation Ltd - India
- LBH Netherlands Bv - Netherlands
- Savvy Resources Ltd - HongKong
- Directorate General of MIneral and Coal - Indonesia
- Grasim Industreis Ltd - India
- CNBM International Corporation - China
- Marubeni Corporation - India
- Wood Mackenzie - Singapore
- Planning Commission, India
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