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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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Saturday, 10 September 11
THE FREIGHT MARKET LIKELY TO BE FIRM NEXT WEEK - CAPT. REDDY
COALspot.com - The freight market continued the upward trend during last week with BDI crossing 1,800 points and closing at 1,838 points up by 5.63 ...
Friday, 09 September 11
SUPRA BARA SECURES $20 MILLION LOAN - JP
The Jakarta Post reported that, Coal miner PT Supra Bara Energi says it has secured a US$20 million loan facility from BNP Paribas to buy heavy equi ...
Friday, 09 September 11
CAPESIZE CAN SECURE USD 17-18K SHORT PERIOD - FEARNBULK
Handy
The US Gulf has remained relatively steady, slightly more activity in the South Atlantic with owners aiming for low to mid USD 20k´s f ...
Thursday, 08 September 11
UKRAINES COAL PRODUCTION TO RISE 8% - IFANDP
Industrial fuels & power reported that, Ukraine will increase its coal output by about 8% this year compared to last year, said the country&rsqu ...
Thursday, 08 September 11
DRY BULK MARKETS RALLY COMES TO AN END - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
As was widely expected by analysts and shipbrokers alike, the latest rally of the dry bulk market came to a halt yesterday, with the Baltic Dry Inde ...
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- International Coal Ventures Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Tamil Nadu electricity Board
- IEA Clean Coal Centre - UK
- Grasim Industreis Ltd - India
- Barasentosa Lestari - Indonesia
- CIMB Investment Bank - Malaysia
- Directorate General of MIneral and Coal - Indonesia
- Videocon Industries ltd - India
- Binh Thuan Hamico - Vietnam
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kapuas Tunggal Persada - Indonesia
- Ministry of Transport, Egypt
- Alfred C Toepfer International GmbH - Germany
- Madhucon Powers Ltd - India
- Minerals Council of Australia
- European Bulk Services B.V. - Netherlands
- Savvy Resources Ltd - HongKong
- Coal and Oil Company - UAE
- Kalimantan Lumbung Energi - Indonesia
- Uttam Galva Steels Limited - India
- Oldendorff Carriers - Singapore
- The State Trading Corporation of India Ltd
- Karbindo Abesyapradhi - Indoneisa
- Parliament of New Zealand
- Salva Resources Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Port Waratah Coal Services - Australia
- The University of Queensland
- Bukit Asam (Persero) Tbk - Indonesia
- Australian Commodity Traders Exchange
- Lanco Infratech Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Australian Coal Association
- PTC India Limited - India
- LBH Netherlands Bv - Netherlands
- Indian Oil Corporation Limited
- Bhushan Steel Limited - India
- Sree Jayajothi Cements Limited - India
- Commonwealth Bank - Australia
- Semirara Mining and Power Corporation, Philippines
- Attock Cement Pakistan Limited
- Standard Chartered Bank - UAE
- Leighton Contractors Pty Ltd - Australia
- Romanian Commodities Exchange
- Toyota Tsusho Corporation, Japan
- Bharathi Cement Corporation - India
- Africa Commodities Group - South Africa
- Orica Mining Services - Indonesia
- VISA Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- Altura Mining Limited, Indonesia
- Eastern Coal Council - USA
- San Jose City I Power Corp, Philippines
- Global Business Power Corporation, Philippines
- Mjunction Services Limited - India
- Star Paper Mills Limited - India
- Marubeni Corporation - India
- Energy Development Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Riau Bara Harum - Indonesia
- Bhoruka Overseas - Indonesia
- Kaltim Prima Coal - Indonesia
- Dalmia Cement Bharat India
- Bayan Resources Tbk. - Indonesia
- Sindya Power Generating Company Private Ltd
- Baramulti Group, Indonesia
- Energy Link Ltd, New Zealand
- Gujarat Mineral Development Corp Ltd - India
- Kobexindo Tractors - Indoneisa
- Antam Resourcindo - Indonesia
- Gujarat Sidhee Cement - India
- Ambuja Cements Ltd - India
- Electricity Generating Authority of Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Simpson Spence & Young - Indonesia
- Edison Trading Spa - Italy
- Banpu Public Company Limited - Thailand
- Deloitte Consulting - India
- Kumho Petrochemical, South Korea
- Indian Energy Exchange, India
- Price Waterhouse Coopers - Russia
- Indo Tambangraya Megah - Indonesia
- Semirara Mining Corp, Philippines
- ASAPP Information Group - India
- New Zealand Coal & Carbon
- Latin American Coal - Colombia
- Aboitiz Power Corporation - Philippines
- PowerSource Philippines DevCo
- Meenaskhi Energy Private Limited - India
- Metalloyd Limited - United Kingdom
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ministry of Finance - Indonesia
- Parry Sugars Refinery, India
- Miang Besar Coal Terminal - Indonesia
- Samtan Co., Ltd - South Korea
- ICICI Bank Limited - India
- Bhatia International Limited - India
- Jindal Steel & Power Ltd - India
- Agrawal Coal Company - India
- Eastern Energy - Thailand
- South Luzon Thermal Energy Corporation
- Vijayanagar Sugar Pvt Ltd - India
- Thiess Contractors Indonesia
- Kepco SPC Power Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- OPG Power Generation Pvt Ltd - India
- Electricity Authority, New Zealand
- Karaikal Port Pvt Ltd - India
- Posco Energy - South Korea
- London Commodity Brokers - England
- The Treasury - Australian Government
- Manunggal Multi Energi - Indonesia
- Ministry of Mines - Canada
- Indika Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Heidelberg Cement - Germany
- Xindia Steels Limited - India
- Larsen & Toubro Limited - India
- Renaissance Capital - South Africa
- CNBM International Corporation - China
- Therma Luzon, Inc, Philippines
- Bulk Trading Sa - Switzerland
- Formosa Plastics Group - Taiwan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Petrochimia International Co. Ltd.- Taiwan
- Siam City Cement PLC, Thailand
- Sical Logistics Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sakthi Sugars Limited - India
- Billiton Holdings Pty Ltd - Australia
- Asmin Koalindo Tuhup - Indonesia
- GAC Shipping (India) Pvt Ltd
- Essar Steel Hazira Ltd - India
- Straits Asia Resources Limited - Singapore
- Wood Mackenzie - Singapore
- Global Green Power PLC Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- GMR Energy Limited - India
- Coalindo Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Iligan Light & Power Inc, Philippines
- Petron Corporation, Philippines
- SMC Global Power, Philippines
- Chamber of Mines of South Africa
- Georgia Ports Authority, United States
- Vedanta Resources Plc - India
- TeaM Sual Corporation - Philippines
- PetroVietnam Power Coal Import and Supply Company
- India Bulls Power Limited - India
- Borneo Indobara - Indonesia
- Medco Energi Mining Internasional
- Interocean Group of Companies - India
- Rio Tinto Coal - Australia
- IHS Mccloskey Coal Group - USA
- Cement Manufacturers Association - India
- Independent Power Producers Association of India
- Carbofer General Trading SA - India
- Sinarmas Energy and Mining - Indonesia
- Ind-Barath Power Infra Limited - India
- White Energy Company Limited
- SMG Consultants - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Central Java Power - Indonesia
- Meralco Power Generation, Philippines
- Anglo American - United Kingdom
- PNOC Exploration Corporation - Philippines
- Economic Council, Georgia
- Trasteel International SA, Italy
- SN Aboitiz Power Inc, Philippines
- MS Steel International - UAE
- Ceylon Electricity Board - Sri Lanka
- Thai Mozambique Logistica
- Maharashtra Electricity Regulatory Commission - India
- Wilmar Investment Holdings
- Globalindo Alam Lestari - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Timah Investasi Mineral - Indoneisa
- Directorate Of Revenue Intelligence - India
- Pendopo Energi Batubara - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Makarim & Taira - Indonesia
- Siam City Cement - Thailand
- Singapore Mercantile Exchange
- McConnell Dowell - Australia
- AsiaOL BioFuels Corp., Philippines
- Merrill Lynch Commodities Europe
- Intertek Mineral Services - Indonesia
- Central Electricity Authority - India
- Mintek Dendrill Indonesia
- Tata Chemicals Ltd - India
- Aditya Birla Group - India
- Jaiprakash Power Ventures ltd
- Power Finance Corporation Ltd., India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indonesian Coal Mining Association
- Indogreen Group - Indonesia
- Bangladesh Power Developement Board
- Bukit Makmur.PT - Indonesia
- Sojitz Corporation - Japan
- Vizag Seaport Private Limited - India
- GVK Power & Infra Limited - India
- Malabar Cements Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Orica Australia Pty. Ltd.
- TNB Fuel Sdn Bhd - Malaysia
- Goldman Sachs - Singapore
- Mercuria Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Planning Commission, India
- Bukit Baiduri Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Mercator Lines Limited - India
- Chettinad Cement Corporation Ltd - India
- Kohat Cement Company Ltd. - Pakistan
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