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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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Tuesday, 30 August 11
FAUJI CEMENT CONSUMED MORE THAN 1 MILLION TONS OF LOCAL COAL
Cooper Minerals Inc.based in Vancouver, BC, Canada, is a junior exploration company engaged in the acquisition, exploration and development of miner ...
Sunday, 28 August 11
FREIGHT MARKET COULD BE FIRM NEXT MONTH - VISTAAR
COALspot.com - The freight market continued the upward trend first half of the week . However, towards the end of the week lost momentum and the BDI ...
Saturday, 27 August 11
JAPANESE BULK CARRIER SETS RECORD ON NORTHERN SEA ROUTE - BARENTS OBSERVER
The Northern Sea Route will see its third record in less than a month when the largest ever bulk carrier to take the route leaves Murmansk next week ...
Saturday, 27 August 11
RBCT-INDIA ROUNDS FIXED AT AROUND US$ 12K - FEARNBULK
Handy
Stable but very positional markets across all segments in the Atlantic: the gap between owners and charterers rate ideas is building up as o ...
Friday, 26 August 11
TUAH TURANGGA AGUNG ACQUIRES AN ADDITIONAL 40% SHARES IN BARA PRIMA AGUNG
COALspot.com - PT Tuah Turangga Agung, a subsidiary of PT United Tractors Tbk, has signed an acquisition agreement to acquire 40% of PT Bara Prima A ...
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- Tamil Nadu electricity Board
- Jorong Barutama Greston.PT - Indonesia
- Mjunction Services Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Manunggal Multi Energi - Indonesia
- White Energy Company Limited
- Orica Australia Pty. Ltd.
- Indian Oil Corporation Limited
- Economic Council, Georgia
- Kobexindo Tractors - Indoneisa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Anglo American - United Kingdom
- The University of Queensland
- Indogreen Group - Indonesia
- Bulk Trading Sa - Switzerland
- Sical Logistics Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Intertek Mineral Services - Indonesia
- Planning Commission, India
- Ministry of Transport, Egypt
- Global Business Power Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Sinarmas Energy and Mining - Indonesia
- San Jose City I Power Corp, Philippines
- Videocon Industries ltd - India
- Oldendorff Carriers - Singapore
- Ceylon Electricity Board - Sri Lanka
- PNOC Exploration Corporation - Philippines
- Star Paper Mills Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ambuja Cements Ltd - India
- Energy Development Corp, Philippines
- Power Finance Corporation Ltd., India
- Binh Thuan Hamico - Vietnam
- GVK Power & Infra Limited - India
- European Bulk Services B.V. - Netherlands
- SMC Global Power, Philippines
- Bhushan Steel Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Formosa Plastics Group - Taiwan
- GMR Energy Limited - India
- Timah Investasi Mineral - Indoneisa
- Baramulti Group, Indonesia
- Agrawal Coal Company - India
- Bharathi Cement Corporation - India
- Globalindo Alam Lestari - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bayan Resources Tbk. - Indonesia
- Global Green Power PLC Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Singapore Mercantile Exchange
- Siam City Cement PLC, Thailand
- India Bulls Power Limited - India
- Vedanta Resources Plc - India
- Orica Mining Services - Indonesia
- Africa Commodities Group - South Africa
- Georgia Ports Authority, United States
- Rio Tinto Coal - Australia
- Minerals Council of Australia
- Madhucon Powers Ltd - India
- Bukit Baiduri Energy - Indonesia
- PTC India Limited - India
- Iligan Light & Power Inc, Philippines
- Meralco Power Generation, Philippines
- Lanco Infratech Ltd - India
- Parry Sugars Refinery, India
- Vizag Seaport Private Limited - India
- Kartika Selabumi Mining - Indonesia
- Petron Corporation, Philippines
- Indonesian Coal Mining Association
- ASAPP Information Group - India
- Indo Tambangraya Megah - Indonesia
- SMG Consultants - Indonesia
- The State Trading Corporation of India Ltd
- Kaltim Prima Coal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Mercuria Energy - Indonesia
- Dalmia Cement Bharat India
- Uttam Galva Steels Limited - India
- Aditya Birla Group - India
- Rashtriya Ispat Nigam Limited - India
- Karaikal Port Pvt Ltd - India
- Wilmar Investment Holdings
- Kideco Jaya Agung - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- PowerSource Philippines DevCo
- Sakthi Sugars Limited - India
- Romanian Commodities Exchange
- Mintek Dendrill Indonesia
- Therma Luzon, Inc, Philippines
- Thai Mozambique Logistica
- Grasim Industreis Ltd - India
- LBH Netherlands Bv - Netherlands
- Jindal Steel & Power Ltd - India
- Attock Cement Pakistan Limited
- Samtan Co., Ltd - South Korea
- Medco Energi Mining Internasional
- Coastal Gujarat Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- Larsen & Toubro Limited - India
- Parliament of New Zealand
- SN Aboitiz Power Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Siam City Cement - Thailand
- Semirara Mining and Power Corporation, Philippines
- London Commodity Brokers - England
- Kapuas Tunggal Persada - Indonesia
- Wood Mackenzie - Singapore
- Carbofer General Trading SA - India
- AsiaOL BioFuels Corp., Philippines
- Karbindo Abesyapradhi - Indoneisa
- Australian Coal Association
- New Zealand Coal & Carbon
- Heidelberg Cement - Germany
- Pipit Mutiara Jaya. PT, Indonesia
- MS Steel International - UAE
- Global Coal Blending Company Limited - Australia
- Central Java Power - Indonesia
- Interocean Group of Companies - India
- Banpu Public Company Limited - Thailand
- Antam Resourcindo - Indonesia
- The Treasury - Australian Government
- Bukit Makmur.PT - Indonesia
- Central Electricity Authority - India
- Barasentosa Lestari - Indonesia
- Marubeni Corporation - India
- Edison Trading Spa - Italy
- McConnell Dowell - Australia
- Gujarat Mineral Development Corp Ltd - India
- Standard Chartered Bank - UAE
- Independent Power Producers Association of India
- Salva Resources Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Eastern Energy - Thailand
- Trasteel International SA, Italy
- Petrochimia International Co. Ltd.- Taiwan
- TeaM Sual Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- Chamber of Mines of South Africa
- Altura Mining Limited, Indonesia
- Bangladesh Power Developement Board
- IEA Clean Coal Centre - UK
- Bank of Tokyo Mitsubishi UFJ Ltd
- OPG Power Generation Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Essar Steel Hazira Ltd - India
- Deloitte Consulting - India
- Pendopo Energi Batubara - Indonesia
- Directorate Of Revenue Intelligence - India
- Makarim & Taira - Indonesia
- VISA Power Limited - India
- Tata Chemicals Ltd - India
- Aboitiz Power Corporation - Philippines
- Ind-Barath Power Infra Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GN Power Mariveles Coal Plant, Philippines
- Kalimantan Lumbung Energi - Indonesia
- CIMB Investment Bank - Malaysia
- Directorate General of MIneral and Coal - Indonesia
- Borneo Indobara - Indonesia
- CNBM International Corporation - China
- Leighton Contractors Pty Ltd - Australia
- Price Waterhouse Coopers - Russia
- Meenaskhi Energy Private Limited - India
- Indika Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Latin American Coal - Colombia
- Xindia Steels Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Eastern Coal Council - USA
- Bukit Asam (Persero) Tbk - Indonesia
- Posco Energy - South Korea
- IHS Mccloskey Coal Group - USA
- Chettinad Cement Corporation Ltd - India
- Indian Energy Exchange, India
- Port Waratah Coal Services - Australia
- Ministry of Mines - Canada
- Thiess Contractors Indonesia
- Kumho Petrochemical, South Korea
- Goldman Sachs - Singapore
- Ministry of Finance - Indonesia
- ICICI Bank Limited - India
- Australian Commodity Traders Exchange
- Miang Besar Coal Terminal - Indonesia
- Sarangani Energy Corporation, Philippines
- Cement Manufacturers Association - India
- Renaissance Capital - South Africa
- Savvy Resources Ltd - HongKong
- Energy Link Ltd, New Zealand
- Malabar Cements Ltd - India
- Sindya Power Generating Company Private Ltd
- Simpson Spence & Young - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Sojitz Corporation - Japan
- Commonwealth Bank - Australia
- Semirara Mining Corp, Philippines
- Bhatia International Limited - India
- Sree Jayajothi Cements Limited - India
- Mercator Lines Limited - India
- Straits Asia Resources Limited - Singapore
- Coalindo Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Billiton Holdings Pty Ltd - Australia
- Jaiprakash Power Ventures ltd
- Maharashtra Electricity Regulatory Commission - India
- Coal and Oil Company - UAE
- International Coal Ventures Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Bhoruka Overseas - Indonesia
- Riau Bara Harum - Indonesia
- Kepco SPC Power Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Merrill Lynch Commodities Europe
- Electricity Authority, New Zealand
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