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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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Monday, 26 April 10
COAL INDIA NEARS PORT DEAL WITH VIZAG STEEL - DNA
DNA India reported that, Coal India Ltd (CIL), the country’s largest coal producer, is close to signing a deal to acquire space at Vizag Steel ...
Sunday, 25 April 10
THE WAITING AT INDIAN PORTS FOR COAL VESSELS WAS QUITE NORMAL - VISTAAR
COALspot.com: The BDI remained unchanged this week and all other sectors also the change was not much.
The cape index continued to move up and wa ...
Saturday, 24 April 10
NTPC TO BUY COAL MINES IN KAZAKHSTAN - TELEGRAPH INDIA
Telegraph India reported that, NTPC Ltd plans to acquire coal mines and operate two thermal power plants in Kazakhstan.
“We are exploring t ...
Saturday, 24 April 10
CHINA'S COAL IMPORTS DOUBLE IN MARCH
China's General Administration of Customs said that the country imported 15.22 million tons of coal last month, more than double the amount it impo ...
Friday, 23 April 10
KPCL EYES MINE IN INDONESIA - BUSINESS STANDARD
Business-Standard reported that, Karnataka Power Corporation Ltd (KPCL), the state-owned power generator, is exploring the possibility of acquiring ...
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- India Bulls Power Limited - India
- Merrill Lynch Commodities Europe
- Thiess Contractors Indonesia
- Lanco Infratech Ltd - India
- European Bulk Services B.V. - Netherlands
- Vizag Seaport Private Limited - India
- Formosa Plastics Group - Taiwan
- Larsen & Toubro Limited - India
- Power Finance Corporation Ltd., India
- Posco Energy - South Korea
- Anglo American - United Kingdom
- Indonesian Coal Mining Association
- Chamber of Mines of South Africa
- Baramulti Group, Indonesia
- AsiaOL BioFuels Corp., Philippines
- Global Green Power PLC Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Straits Asia Resources Limited - Singapore
- Rashtriya Ispat Nigam Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Essar Steel Hazira Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Intertek Mineral Services - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Renaissance Capital - South Africa
- Kobexindo Tractors - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- CIMB Investment Bank - Malaysia
- Bangladesh Power Developement Board
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- The State Trading Corporation of India Ltd
- Planning Commission, India
- Eastern Coal Council - USA
- Attock Cement Pakistan Limited
- Indian Energy Exchange, India
- GMR Energy Limited - India
- LBH Netherlands Bv - Netherlands
- Central Electricity Authority - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Indika Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- London Commodity Brokers - England
- Sree Jayajothi Cements Limited - India
- Directorate Of Revenue Intelligence - India
- VISA Power Limited - India
- Bhoruka Overseas - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Africa Commodities Group - South Africa
- Karbindo Abesyapradhi - Indoneisa
- Indian Oil Corporation Limited
- Central Java Power - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Xindia Steels Limited - India
- Bayan Resources Tbk. - Indonesia
- Malabar Cements Ltd - India
- Binh Thuan Hamico - Vietnam
- IEA Clean Coal Centre - UK
- Romanian Commodities Exchange
- Semirara Mining Corp, Philippines
- Altura Mining Limited, Indonesia
- International Coal Ventures Pvt Ltd - India
- Indogreen Group - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Mjunction Services Limited - India
- Australian Coal Association
- Commonwealth Bank - Australia
- Georgia Ports Authority, United States
- ASAPP Information Group - India
- Australian Commodity Traders Exchange
- Electricity Authority, New Zealand
- Sinarmas Energy and Mining - Indonesia
- Samtan Co., Ltd - South Korea
- Global Coal Blending Company Limited - Australia
- Mercator Lines Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Uttam Galva Steels Limited - India
- SMC Global Power, Philippines
- San Jose City I Power Corp, Philippines
- Krishnapatnam Port Company Ltd. - India
- SMG Consultants - Indonesia
- MS Steel International - UAE
- McConnell Dowell - Australia
- The Treasury - Australian Government
- GAC Shipping (India) Pvt Ltd
- OPG Power Generation Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Parliament of New Zealand
- Gujarat Mineral Development Corp Ltd - India
- Mercuria Energy - Indonesia
- Price Waterhouse Coopers - Russia
- Singapore Mercantile Exchange
- Medco Energi Mining Internasional
- Makarim & Taira - Indonesia
- Orica Mining Services - Indonesia
- Standard Chartered Bank - UAE
- Bulk Trading Sa - Switzerland
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Sidhee Cement - India
- Siam City Cement - Thailand
- Madhucon Powers Ltd - India
- Agrawal Coal Company - India
- Global Business Power Corporation, Philippines
- Sical Logistics Limited - India
- Latin American Coal - Colombia
- Interocean Group of Companies - India
- Tamil Nadu electricity Board
- Star Paper Mills Limited - India
- Ind-Barath Power Infra Limited - India
- Savvy Resources Ltd - HongKong
- Manunggal Multi Energi - Indonesia
- Borneo Indobara - Indonesia
- Petron Corporation, Philippines
- Tata Chemicals Ltd - India
- Minerals Council of Australia
- Leighton Contractors Pty Ltd - Australia
- Marubeni Corporation - India
- TeaM Sual Corporation - Philippines
- Coalindo Energy - Indonesia
- Salva Resources Pvt Ltd - India
- Mintek Dendrill Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- The University of Queensland
- Alfred C Toepfer International GmbH - Germany
- Kideco Jaya Agung - Indonesia
- Thai Mozambique Logistica
- Sarangani Energy Corporation, Philippines
- ICICI Bank Limited - India
- Jindal Steel & Power Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Electricity Regulatory Commission - India
- Banpu Public Company Limited - Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Videocon Industries ltd - India
- Heidelberg Cement - Germany
- Barasentosa Lestari - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Wilmar Investment Holdings
- CNBM International Corporation - China
- Goldman Sachs - Singapore
- Maheswari Brothers Coal Limited - India
- Trasteel International SA, Italy
- Kepco SPC Power Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Kaltim Prima Coal - Indonesia
- Edison Trading Spa - Italy
- Bhatia International Limited - India
- Therma Luzon, Inc, Philippines
- Ministry of Mines - Canada
- Oldendorff Carriers - Singapore
- Ceylon Electricity Board - Sri Lanka
- Port Waratah Coal Services - Australia
- Wood Mackenzie - Singapore
- Carbofer General Trading SA - India
- Energy Development Corp, Philippines
- Ministry of Transport, Egypt
- Bukit Makmur.PT - Indonesia
- Siam City Cement PLC, Thailand
- Coastal Gujarat Power Limited - India
- Bharathi Cement Corporation - India
- PowerSource Philippines DevCo
- Kohat Cement Company Ltd. - Pakistan
- Rio Tinto Coal - Australia
- Timah Investasi Mineral - Indoneisa
- Toyota Tsusho Corporation, Japan
- Jaiprakash Power Ventures ltd
- Antam Resourcindo - Indonesia
- Pendopo Energi Batubara - Indonesia
- Meenaskhi Energy Private Limited - India
- Sindya Power Generating Company Private Ltd
- Ambuja Cements Ltd - India
- GVK Power & Infra Limited - India
- Metalloyd Limited - United Kingdom
- Aditya Birla Group - India
- Coal and Oil Company - UAE
- White Energy Company Limited
- IHS Mccloskey Coal Group - USA
- SN Aboitiz Power Inc, Philippines
- Eastern Energy - Thailand
- Economic Council, Georgia
- Semirara Mining and Power Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Holcim Trading Pte Ltd - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Bukit Baiduri Energy - Indonesia
- Grasim Industreis Ltd - India
- Aboitiz Power Corporation - Philippines
- Miang Besar Coal Terminal - Indonesia
- Independent Power Producers Association of India
- Bhushan Steel Limited - India
- Dalmia Cement Bharat India
- Kalimantan Lumbung Energi - Indonesia
- Orica Australia Pty. Ltd.
- Sojitz Corporation - Japan
- Vedanta Resources Plc - India
- Cement Manufacturers Association - India
- Kumho Petrochemical, South Korea
- Kartika Selabumi Mining - Indonesia
- Iligan Light & Power Inc, Philippines
- Electricity Generating Authority of Thailand
- Chettinad Cement Corporation Ltd - India
- Energy Link Ltd, New Zealand
- Deloitte Consulting - India
- Meralco Power Generation, Philippines
- Simpson Spence & Young - Indonesia
- Indo Tambangraya Megah - Indonesia
- Ministry of Finance - Indonesia
- Parry Sugars Refinery, India
- Sakthi Sugars Limited - India
- Karaikal Port Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- New Zealand Coal & Carbon
- Riau Bara Harum - Indonesia
- PTC India Limited - India
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