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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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Thursday, 30 June 11
DRY BULK MARKET SHOWS SIGNS OF FURTHER WEAKENING - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market seems to be unable to shake off the additional supply of vessels, an oversupply issue of grave concern that would have occured e ...
Wednesday, 29 June 11
ANOTHER STRONG PERFORMANCE BY CAPESIZE - BRS
Another strong performance by the Capesize market this week, bringing the BCI up 8% to 1,974 points. However the Panamax market was penalised, losin ...
Monday, 27 June 11
THE IRON ORE IMPORTS BY CHINA SEEMED TO SLOW DOWN - VISTAAR
COALspot.com - The BDI was holding as previous week and was just up by 1 point and closed at 1424 points end of last week. The biggest gain was ...
Friday, 24 June 11
THE INDONESIAN GOVERNMENT WILL NOT EXTEND ALL EXPIRED MINING CONTRACTS - JAKARTA UPDATES
The Indonesian Government have decided not to extend all mining concessions under the scheme called Contract of Work and instead will take over the ...
Friday, 24 June 11
BERAU EYEING 70 PERCENT GROWTH IN EBITDA
Indonesia's coal producer PT Berau Coal Energy Tbk (BRAU) is eyeing a 60 -70 percent growth in EBITDA to US$ 560 million-US$595 million this year. ...
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Showing 5211 to 5215 news of total 6871 |
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- Bhushan Steel Limited - India
- Savvy Resources Ltd - HongKong
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Salva Resources Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Eastern Coal Council - USA
- Manunggal Multi Energi - Indonesia
- Bangladesh Power Developement Board
- Mintek Dendrill Indonesia
- Simpson Spence & Young - Indonesia
- Petron Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Planning Commission, India
- Pendopo Energi Batubara - Indonesia
- Mercuria Energy - Indonesia
- Larsen & Toubro Limited - India
- PTC India Limited - India
- Ministry of Mines - Canada
- IHS Mccloskey Coal Group - USA
- Kartika Selabumi Mining - Indonesia
- Borneo Indobara - Indonesia
- Videocon Industries ltd - India
- Africa Commodities Group - South Africa
- Directorate General of MIneral and Coal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Antam Resourcindo - Indonesia
- VISA Power Limited - India
- Siam City Cement - Thailand
- Chamber of Mines of South Africa
- Attock Cement Pakistan Limited
- Electricity Generating Authority of Thailand
- Timah Investasi Mineral - Indoneisa
- AsiaOL BioFuels Corp., Philippines
- Gujarat Electricity Regulatory Commission - India
- Independent Power Producers Association of India
- The University of Queensland
- The State Trading Corporation of India Ltd
- Rashtriya Ispat Nigam Limited - India
- Holcim Trading Pte Ltd - Singapore
- Orica Australia Pty. Ltd.
- White Energy Company Limited
- Miang Besar Coal Terminal - Indonesia
- ICICI Bank Limited - India
- Global Coal Blending Company Limited - Australia
- Indo Tambangraya Megah - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Standard Chartered Bank - UAE
- SN Aboitiz Power Inc, Philippines
- Kaltim Prima Coal - Indonesia
- Parliament of New Zealand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sree Jayajothi Cements Limited - India
- Aditya Birla Group - India
- TNB Fuel Sdn Bhd - Malaysia
- Bharathi Cement Corporation - India
- Coalindo Energy - Indonesia
- Indonesian Coal Mining Association
- Jaiprakash Power Ventures ltd
- India Bulls Power Limited - India
- Indika Energy - Indonesia
- Price Waterhouse Coopers - Russia
- Wood Mackenzie - Singapore
- South Luzon Thermal Energy Corporation
- Therma Luzon, Inc, Philippines
- Cement Manufacturers Association - India
- Bukit Makmur.PT - Indonesia
- PowerSource Philippines DevCo
- Maharashtra Electricity Regulatory Commission - India
- Bahari Cakrawala Sebuku - Indonesia
- Coastal Gujarat Power Limited - India
- Singapore Mercantile Exchange
- Wilmar Investment Holdings
- Bukit Baiduri Energy - Indonesia
- Vizag Seaport Private Limited - India
- Goldman Sachs - Singapore
- Parry Sugars Refinery, India
- GAC Shipping (India) Pvt Ltd
- Kobexindo Tractors - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Central Electricity Authority - India
- Straits Asia Resources Limited - Singapore
- Orica Mining Services - Indonesia
- PNOC Exploration Corporation - Philippines
- Iligan Light & Power Inc, Philippines
- GVK Power & Infra Limited - India
- Barasentosa Lestari - Indonesia
- Medco Energi Mining Internasional
- Edison Trading Spa - Italy
- Indian Energy Exchange, India
- Global Business Power Corporation, Philippines
- Australian Coal Association
- Mjunction Services Limited - India
- Sojitz Corporation - Japan
- TeaM Sual Corporation - Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Mercator Lines Limited - India
- Economic Council, Georgia
- Sical Logistics Limited - India
- European Bulk Services B.V. - Netherlands
- Banpu Public Company Limited - Thailand
- Vedanta Resources Plc - India
- San Jose City I Power Corp, Philippines
- Aboitiz Power Corporation - Philippines
- Krishnapatnam Port Company Ltd. - India
- Bhoruka Overseas - Indonesia
- Formosa Plastics Group - Taiwan
- PetroVietnam Power Coal Import and Supply Company
- Marubeni Corporation - India
- GMR Energy Limited - India
- Indian Oil Corporation Limited
- Vijayanagar Sugar Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Commonwealth Bank - Australia
- Madhucon Powers Ltd - India
- Ind-Barath Power Infra Limited - India
- CIMB Investment Bank - Malaysia
- Karaikal Port Pvt Ltd - India
- Romanian Commodities Exchange
- Kalimantan Lumbung Energi - Indonesia
- Minerals Council of Australia
- Thiess Contractors Indonesia
- Posco Energy - South Korea
- Samtan Co., Ltd - South Korea
- Heidelberg Cement - Germany
- Kumho Petrochemical, South Korea
- Rio Tinto Coal - Australia
- Georgia Ports Authority, United States
- Grasim Industreis Ltd - India
- IEA Clean Coal Centre - UK
- Globalindo Alam Lestari - Indonesia
- Chettinad Cement Corporation Ltd - India
- Tamil Nadu electricity Board
- Meenaskhi Energy Private Limited - India
- OPG Power Generation Pvt Ltd - India
- Malabar Cements Ltd - India
- Baramulti Group, Indonesia
- Anglo American - United Kingdom
- Oldendorff Carriers - Singapore
- Trasteel International SA, Italy
- Kapuas Tunggal Persada - Indonesia
- Ministry of Transport, Egypt
- LBH Netherlands Bv - Netherlands
- Indogreen Group - Indonesia
- Gujarat Sidhee Cement - India
- Cigading International Bulk Terminal - Indonesia
- Electricity Authority, New Zealand
- Maheswari Brothers Coal Limited - India
- Sindya Power Generating Company Private Ltd
- Coal and Oil Company - UAE
- Semirara Mining Corp, Philippines
- Eastern Energy - Thailand
- Kideco Jaya Agung - Indonesia
- Central Java Power - Indonesia
- London Commodity Brokers - England
- Bank of Tokyo Mitsubishi UFJ Ltd
- SMG Consultants - Indonesia
- Energy Link Ltd, New Zealand
- Bukit Asam (Persero) Tbk - Indonesia
- Interocean Group of Companies - India
- CNBM International Corporation - China
- Kohat Cement Company Ltd. - Pakistan
- Karbindo Abesyapradhi - Indoneisa
- Jorong Barutama Greston.PT - Indonesia
- McConnell Dowell - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Deloitte Consulting - India
- Kepco SPC Power Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Australian Commodity Traders Exchange
- Carbofer General Trading SA - India
- Bulk Trading Sa - Switzerland
- Riau Bara Harum - Indonesia
- Renaissance Capital - South Africa
- The Treasury - Australian Government
- Uttam Galva Steels Limited - India
- Intertek Mineral Services - Indonesia
- ASAPP Information Group - India
- Binh Thuan Hamico - Vietnam
- International Coal Ventures Pvt Ltd - India
- Meralco Power Generation, Philippines
- Ministry of Finance - Indonesia
- Jindal Steel & Power Ltd - India
- Star Paper Mills Limited - India
- Energy Development Corp, Philippines
- Xindia Steels Limited - India
- Essar Steel Hazira Ltd - India
- Global Green Power PLC Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Siam City Cement PLC, Thailand
- Directorate Of Revenue Intelligence - India
- Agrawal Coal Company - India
- MS Steel International - UAE
- Bhatia International Limited - India
- Alfred C Toepfer International GmbH - Germany
- Offshore Bulk Terminal Pte Ltd, Singapore
- Merrill Lynch Commodities Europe
- Billiton Holdings Pty Ltd - Australia
- Gujarat Mineral Development Corp Ltd - India
- Metalloyd Limited - United Kingdom
- Lanco Infratech Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Tata Chemicals Ltd - India
- Altura Mining Limited, Indonesia
- Toyota Tsusho Corporation, Japan
- SMC Global Power, Philippines
- Thai Mozambique Logistica
- Neyveli Lignite Corporation Ltd, - India
- New Zealand Coal & Carbon
- Makarim & Taira - Indonesia
- Ambuja Cements Ltd - India
- Sakthi Sugars Limited - India
- Latin American Coal - Colombia
- Power Finance Corporation Ltd., India
- Dalmia Cement Bharat India
- Sinarmas Energy and Mining - Indonesia
- Sarangani Energy Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
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