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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, 23 August 11
COAL DEMAND IS REMAINED STRONG IN SPITE OF CURRENT GLOBAL ECONOMIC UNCERTAINTY - BUMI
COALspot.com - Indonesia's largest coal producer, PT Bumi Resources, Tbk (BUMI)'s sales revenue has increased to US$1.79 billion (compared with US ...
Tuesday, 23 August 11
PENRHYN COAL USING EVERGREEN ENERGYS COAL UPGRADING PROCESS
Evergreen Energy Inc has announced the successful testing results of the initial batches of Penrhyn coal using Evergreen Energy’s coal upgradi ...
Tuesday, 23 August 11
A SHARP INCREASE IN THE BDI - BRS
A sharp increase in the BDI this week, driven by the rise in Capesize rates. Overall the BDI was up 13.5% to 1,462 points on the back of a 20% surge ...
Monday, 22 August 11
INDONESIA TO BAN BELOW 5700 KCAL/KG COAL FOR EXPORT
COALspot.com - Ministry of Energy and Mineral Resources of Indonesia is in the process of drafting a regulation which is requiring mine owners ...
Monday, 22 August 11
JATENERGY AGREED TO FORM JV WITH AN INDONESIAN COAL MINING COMPANY
COALspot.com - Australian’s listed company, Jatenergy Limited has entered conditional agreement to form joint venture with Indonesia’s c ...
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- Miang Besar Coal Terminal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Samtan Co., Ltd - South Korea
- Semirara Mining and Power Corporation, Philippines
- Energy Development Corp, Philippines
- South Luzon Thermal Energy Corporation
- Manunggal Multi Energi - Indonesia
- Timah Investasi Mineral - Indoneisa
- Chamber of Mines of South Africa
- Directorate General of MIneral and Coal - Indonesia
- Power Finance Corporation Ltd., India
- Barasentosa Lestari - Indonesia
- Kartika Selabumi Mining - Indonesia
- Xindia Steels Limited - India
- Leighton Contractors Pty Ltd - Australia
- Salva Resources Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Bharathi Cement Corporation - India
- Therma Luzon, Inc, Philippines
- Iligan Light & Power Inc, Philippines
- Indonesian Coal Mining Association
- OPG Power Generation Pvt Ltd - India
- White Energy Company Limited
- Star Paper Mills Limited - India
- Eastern Energy - Thailand
- MS Steel International - UAE
- Larsen & Toubro Limited - India
- Directorate Of Revenue Intelligence - India
- Cigading International Bulk Terminal - Indonesia
- Agrawal Coal Company - India
- Indogreen Group - Indonesia
- Edison Trading Spa - Italy
- Gujarat Mineral Development Corp Ltd - India
- Eastern Coal Council - USA
- Jorong Barutama Greston.PT - Indonesia
- PTC India Limited - India
- Mintek Dendrill Indonesia
- Vizag Seaport Private Limited - India
- Attock Cement Pakistan Limited
- PetroVietnam Power Coal Import and Supply Company
- Intertek Mineral Services - Indonesia
- Coal and Oil Company - UAE
- Bukit Baiduri Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Deloitte Consulting - India
- Sical Logistics Limited - India
- Uttam Galva Steels Limited - India
- Siam City Cement PLC, Thailand
- Meralco Power Generation, Philippines
- Goldman Sachs - Singapore
- Mjunction Services Limited - India
- Billiton Holdings Pty Ltd - Australia
- Latin American Coal - Colombia
- Indian Energy Exchange, India
- Tamil Nadu electricity Board
- Cement Manufacturers Association - India
- International Coal Ventures Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Semirara Mining Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Global Coal Blending Company Limited - Australia
- Orica Mining Services - Indonesia
- Central Java Power - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- VISA Power Limited - India
- GVK Power & Infra Limited - India
- Binh Thuan Hamico - Vietnam
- Ambuja Cements Ltd - India
- Commonwealth Bank - Australia
- Posco Energy - South Korea
- Jindal Steel & Power Ltd - India
- Wilmar Investment Holdings
- Sojitz Corporation - Japan
- Chettinad Cement Corporation Ltd - India
- Sarangani Energy Corporation, Philippines
- SMG Consultants - Indonesia
- Planning Commission, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Grasim Industreis Ltd - India
- Bayan Resources Tbk. - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Sindya Power Generating Company Private Ltd
- Global Business Power Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Pendopo Energi Batubara - Indonesia
- Independent Power Producers Association of India
- IEA Clean Coal Centre - UK
- PNOC Exploration Corporation - Philippines
- India Bulls Power Limited - India
- Port Waratah Coal Services - Australia
- Dalmia Cement Bharat India
- Videocon Industries ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Sinarmas Energy and Mining - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bangladesh Power Developement Board
- The Treasury - Australian Government
- Madhucon Powers Ltd - India
- Renaissance Capital - South Africa
- Bhoruka Overseas - Indonesia
- European Bulk Services B.V. - Netherlands
- Bulk Trading Sa - Switzerland
- Central Electricity Authority - India
- Makarim & Taira - Indonesia
- IHS Mccloskey Coal Group - USA
- LBH Netherlands Bv - Netherlands
- Kideco Jaya Agung - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Singapore Mercantile Exchange
- PowerSource Philippines DevCo
- Sakthi Sugars Limited - India
- Thai Mozambique Logistica
- Ministry of Transport, Egypt
- Kapuas Tunggal Persada - Indonesia
- Essar Steel Hazira Ltd - India
- San Jose City I Power Corp, Philippines
- Borneo Indobara - Indonesia
- Bukit Makmur.PT - Indonesia
- Bhatia International Limited - India
- Parry Sugars Refinery, India
- Meenaskhi Energy Private Limited - India
- Toyota Tsusho Corporation, Japan
- Kumho Petrochemical, South Korea
- Sree Jayajothi Cements Limited - India
- Orica Australia Pty. Ltd.
- SN Aboitiz Power Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Heidelberg Cement - Germany
- Petrochimia International Co. Ltd.- Taiwan
- Mercator Lines Limited - India
- Ministry of Finance - Indonesia
- GMR Energy Limited - India
- Marubeni Corporation - India
- Bhushan Steel Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Anglo American - United Kingdom
- Vedanta Resources Plc - India
- TeaM Sual Corporation - Philippines
- Standard Chartered Bank - UAE
- GN Power Mariveles Coal Plant, Philippines
- Gujarat Electricity Regulatory Commission - India
- Aditya Birla Group - India
- Aboitiz Power Corporation - Philippines
- Riau Bara Harum - Indonesia
- The University of Queensland
- Gujarat Sidhee Cement - India
- Banpu Public Company Limited - Thailand
- Ceylon Electricity Board - Sri Lanka
- Asmin Koalindo Tuhup - Indonesia
- Oldendorff Carriers - Singapore
- Electricity Authority, New Zealand
- Malabar Cements Ltd - India
- GAC Shipping (India) Pvt Ltd
- McConnell Dowell - Australia
- Medco Energi Mining Internasional
- Carbofer General Trading SA - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Georgia Ports Authority, United States
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Lanco Infratech Ltd - India
- Australian Coal Association
- CIMB Investment Bank - Malaysia
- Jaiprakash Power Ventures ltd
- Indo Tambangraya Megah - Indonesia
- Merrill Lynch Commodities Europe
- Coastal Gujarat Power Limited - India
- Straits Asia Resources Limited - Singapore
- Siam City Cement - Thailand
- ASAPP Information Group - India
- Coalindo Energy - Indonesia
- Indika Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Simpson Spence & Young - Indonesia
- SMC Global Power, Philippines
- Africa Commodities Group - South Africa
- Antam Resourcindo - Indonesia
- Tata Chemicals Ltd - India
- Energy Link Ltd, New Zealand
- Karaikal Port Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Green Power PLC Corporation, Philippines
- ICICI Bank Limited - India
- Romanian Commodities Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- Altura Mining Limited, Indonesia
- Savvy Resources Ltd - HongKong
- Price Waterhouse Coopers - Russia
- Maheswari Brothers Coal Limited - India
- Kobexindo Tractors - Indoneisa
- Trasteel International SA, Italy
- Mercuria Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- London Commodity Brokers - England
- Baramulti Group, Indonesia
- New Zealand Coal & Carbon
- Australian Commodity Traders Exchange
- Kaltim Prima Coal - Indonesia
- Rio Tinto Coal - Australia
- Wood Mackenzie - Singapore
- Electricity Generating Authority of Thailand
- Interocean Group of Companies - India
- Metalloyd Limited - United Kingdom
- Holcim Trading Pte Ltd - Singapore
- Economic Council, Georgia
- Petron Corporation, Philippines
- Ministry of Mines - Canada
- Indian Oil Corporation Limited
- The State Trading Corporation of India Ltd
- Rashtriya Ispat Nigam Limited - India
- Parliament of New Zealand
- CNBM International Corporation - China
- Thiess Contractors Indonesia
- Minerals Council of Australia
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