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Monday, 23 August 10
COAL FOR FAST-TRACK PROGRAM ASSURED
 Antara and the Jakarta globe reported that, the coal supply for the government’s 10,000 megawatt “fast- track” program was assured, the head of the project’s coordinating team, Yoga Pratomo, said on Sunday, with domestic coal suppliers guaranteeing 95 percent of needs.
“Only 5 percent is still in the tender process and it will be finished soon,” he said during a media tour of the Labuan steam power plant, one of the plants in the fast-track program.
The program aims to increase the country’s electricity-generating capacity by 10,000Mw. Capacity is now well below demand, resulting in frequent rolling blackouts across the country.
Yoga said the supply contracts would last for 20 years.
He said the program, which is projected to be completed by 2013, required at least 30 million tons of coal a year.
The required coal was low in calories and cost $ 40 to 55 a ton.
“With such relatively low-priced coals, the cost of electricity production can be cheap,” Yoga said.
“I predict when the entire 10,000Mw fast-track program is finished there will be a saving of Rp 100 billion ($ 11.1 million) per day, or Rp 35 trillion per year, in electricity usage.”
Yoga said 50 percent of the coal supply needed for the project, or 15 million tons a year, would be supplied by local miner Arutmin, with the rest being supplied by Bara Mutiara Prima, Titan Mining Indonesia and Hanson Energi.
“So all of the coal needed for the project will be from domestic suppliers,” he added.
Yoga said that by the end of this year, 2,000Mw more power will be provided, with a further 4,300Mw coming on stream next year.
Last November the government asked domestic coal producers to set aside 30 percent of their output for 2010 for the fast- track program.
The Energy Ministry predicted that domestic demand for coal this year would be 65 million tons, of which 85 percent would be needed to run power plants throughout the country.
The government is limiting coal exports to 150 million tons this year to ensure supply during the upgrade.
The ministry predicted that production for this year would total 230 million tons.
Source: Antara / The Jakarta Globe
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Friday, 30 September 11
MINING BILL CLEARED, FIRMS TO SHARE 26% PROFITS WITH LOCALS - NDTV
NDTV reported that, The Union Cabinet cleared the draft mining bill aimed at regulating mining activities Friday. The bill proposes a profit-sharing ...
Friday, 30 September 11
INDIAN IRON ORE MARKET GETTING ACTIVE - FEARNLEYS AS
Handy
The Atlantic market continued its strong trend with fresh cargoes entering the market. Vessels open US Gulf fixed tick above US$ 27k back to t ...
Friday, 30 September 11
KRISHNAPATNAM PORT WINS GLOBAL PORT & COAL PORT OF THE YEAR AWARDS
COALspot.com - Krishnapatnam Port, a dynamic new generation world class port located in the East Coast of India has been adjudged the winner in the ...
Thursday, 29 September 11
INDONESIA'S MINERS FACE AN UNCERTAIN FUTURE - RUPERT WALKER
An evolving regulatory framework for the country's minerals industry could threaten its profitability and stifle investment.
The five-year surge ...
Thursday, 29 September 11
DRY BULK MARKET FALLS MID-WEEK, FURTHER DROP EXPECTED NEXT WEEK ON CHINA HOLIDAYS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market, as reflected by the Baltic Dry Index (BDI) retreated by 0.36% yesterday reaching 1,920 points, with the Capesize segment suffer ...
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- PetroVietnam Power Coal Import and Supply Company
- Bhatia International Limited - India
- OPG Power Generation Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sical Logistics Limited - India
- Energy Link Ltd, New Zealand
- Electricity Generating Authority of Thailand
- Renaissance Capital - South Africa
- Global Coal Blending Company Limited - Australia
- Binh Thuan Hamico - Vietnam
- Mercuria Energy - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Wood Mackenzie - Singapore
- Parry Sugars Refinery, India
- The University of Queensland
- Bayan Resources Tbk. - Indonesia
- Bukit Makmur.PT - Indonesia
- White Energy Company Limited
- Mjunction Services Limited - India
- Malabar Cements Ltd - India
- Barasentosa Lestari - Indonesia
- Indo Tambangraya Megah - Indonesia
- Romanian Commodities Exchange
- Antam Resourcindo - Indonesia
- Baramulti Group, Indonesia
- Semirara Mining Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Grasim Industreis Ltd - India
- Videocon Industries ltd - India
- SMC Global Power, Philippines
- Mercator Lines Limited - India
- IEA Clean Coal Centre - UK
- Bank of Tokyo Mitsubishi UFJ Ltd
- Electricity Authority, New Zealand
- Bukit Baiduri Energy - Indonesia
- Trasteel International SA, Italy
- Sree Jayajothi Cements Limited - India
- Kideco Jaya Agung - Indonesia
- Planning Commission, India
- Coalindo Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- The State Trading Corporation of India Ltd
- Altura Mining Limited, Indonesia
- Larsen & Toubro Limited - India
- Petron Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Economic Council, Georgia
- Ind-Barath Power Infra Limited - India
- Chamber of Mines of South Africa
- Bharathi Cement Corporation - India
- London Commodity Brokers - England
- Thiess Contractors Indonesia
- Meralco Power Generation, Philippines
- Energy Development Corp, Philippines
- New Zealand Coal & Carbon
- Tamil Nadu electricity Board
- MS Steel International - UAE
- Kohat Cement Company Ltd. - Pakistan
- Holcim Trading Pte Ltd - Singapore
- Port Waratah Coal Services - Australia
- Africa Commodities Group - South Africa
- ICICI Bank Limited - India
- Ceylon Electricity Board - Sri Lanka
- Bhoruka Overseas - Indonesia
- Xindia Steels Limited - India
- Krishnapatnam Port Company Ltd. - India
- Therma Luzon, Inc, Philippines
- Toyota Tsusho Corporation, Japan
- CIMB Investment Bank - Malaysia
- Essar Steel Hazira Ltd - India
- ASAPP Information Group - India
- Gujarat Mineral Development Corp Ltd - India
- Metalloyd Limited - United Kingdom
- Price Waterhouse Coopers - Russia
- Bahari Cakrawala Sebuku - Indonesia
- CNBM International Corporation - China
- SN Aboitiz Power Inc, Philippines
- PNOC Exploration Corporation - Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bangladesh Power Developement Board
- TNB Fuel Sdn Bhd - Malaysia
- SMG Consultants - Indonesia
- Bulk Trading Sa - Switzerland
- Commonwealth Bank - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Goldman Sachs - Singapore
- Borneo Indobara - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Rashtriya Ispat Nigam Limited - India
- Banpu Public Company Limited - Thailand
- Kartika Selabumi Mining - Indonesia
- Formosa Plastics Group - Taiwan
- Independent Power Producers Association of India
- Gujarat Sidhee Cement - India
- Cement Manufacturers Association - India
- Carbofer General Trading SA - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Siam City Cement - Thailand
- GAC Shipping (India) Pvt Ltd
- Heidelberg Cement - Germany
- Manunggal Multi Energi - Indonesia
- India Bulls Power Limited - India
- Kumho Petrochemical, South Korea
- Kapuas Tunggal Persada - Indonesia
- Marubeni Corporation - India
- Deloitte Consulting - India
- McConnell Dowell - Australia
- LBH Netherlands Bv - Netherlands
- International Coal Ventures Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Georgia Ports Authority, United States
- GMR Energy Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Medco Energi Mining Internasional
- Central Java Power - Indonesia
- Standard Chartered Bank - UAE
- GVK Power & Infra Limited - India
- European Bulk Services B.V. - Netherlands
- Directorate Of Revenue Intelligence - India
- Karaikal Port Pvt Ltd - India
- Attock Cement Pakistan Limited
- Intertek Mineral Services - Indonesia
- Sarangani Energy Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Bhushan Steel Limited - India
- Eastern Coal Council - USA
- Vizag Seaport Private Limited - India
- Sindya Power Generating Company Private Ltd
- Billiton Holdings Pty Ltd - Australia
- TeaM Sual Corporation - Philippines
- Orica Australia Pty. Ltd.
- Jaiprakash Power Ventures ltd
- Global Green Power PLC Corporation, Philippines
- Ministry of Finance - Indonesia
- Latin American Coal - Colombia
- Timah Investasi Mineral - Indoneisa
- Alfred C Toepfer International GmbH - Germany
- Samtan Co., Ltd - South Korea
- Maharashtra Electricity Regulatory Commission - India
- Madhucon Powers Ltd - India
- Minerals Council of Australia
- Indogreen Group - Indonesia
- Interocean Group of Companies - India
- Cigading International Bulk Terminal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Dalmia Cement Bharat India
- Simpson Spence & Young - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Chettinad Cement Corporation Ltd - India
- Orica Mining Services - Indonesia
- Global Business Power Corporation, Philippines
- Indian Energy Exchange, India
- South Luzon Thermal Energy Corporation
- Siam City Cement PLC, Thailand
- Agrawal Coal Company - India
- Ambuja Cements Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Thai Mozambique Logistica
- Sakthi Sugars Limited - India
- Indika Energy - Indonesia
- PowerSource Philippines DevCo
- Riau Bara Harum - Indonesia
- Rio Tinto Coal - Australia
- Wilmar Investment Holdings
- GN Power Mariveles Coal Plant, Philippines
- Mintek Dendrill Indonesia
- Coastal Gujarat Power Limited - India
- VISA Power Limited - India
- Merrill Lynch Commodities Europe
- Jorong Barutama Greston.PT - Indonesia
- Iligan Light & Power Inc, Philippines
- Indian Oil Corporation Limited
- Ministry of Transport, Egypt
- Oldendorff Carriers - Singapore
- AsiaOL BioFuels Corp., Philippines
- Australian Commodity Traders Exchange
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Meenaskhi Energy Private Limited - India
- Pendopo Energi Batubara - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Central Electricity Authority - India
- Bukit Asam (Persero) Tbk - Indonesia
- Indonesian Coal Mining Association
- Australian Coal Association
- Lanco Infratech Ltd - India
- Salva Resources Pvt Ltd - India
- Anglo American - United Kingdom
- Semirara Mining and Power Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Jindal Steel & Power Ltd - India
- Tata Chemicals Ltd - India
- Uttam Galva Steels Limited - India
- Aboitiz Power Corporation - Philippines
- Miang Besar Coal Terminal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Coal and Oil Company - UAE
- IHS Mccloskey Coal Group - USA
- The Treasury - Australian Government
- Ministry of Mines - Canada
- Sinarmas Energy and Mining - Indonesia
- Kobexindo Tractors - Indoneisa
- Posco Energy - South Korea
- Makarim & Taira - Indonesia
- Sojitz Corporation - Japan
- Aditya Birla Group - India
- Eastern Energy - Thailand
- Parliament of New Zealand
- Leighton Contractors Pty Ltd - Australia
- Vedanta Resources Plc - India
- Kaltim Prima Coal - Indonesia
- Star Paper Mills Limited - India
- Singapore Mercantile Exchange
- Edison Trading Spa - Italy
- PTC India Limited - India
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