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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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Monday, 20 June 11
KPCL SETS ALL INDIA & POSSIBLY A WORLD RECORD FOR COAL DISCHARGING
COALspot.com - Krishnapatnam Port has set an all India record for discharging 95,528 tons of steam coal in just 24 hrs using the conventional unload ...
Monday, 20 June 11
5TH ASIA PACIFIC COAL TRADING & INVESTMENT OUTLOOK 2011 IS ON THE WAY
Press Release - Since the beginning of 2011, international commodity price has been in a high level, resulting in “TENSION” of energy co ...
Sunday, 19 June 11
S6 AND S7 ROUTES LIKELY TO BE SOFT NEXT WEEK - VISTAAR
COALspot.com - The freight market seemed to be stabilizing and the BDI and Cape index was up marginally and closed at 1,423 points and 1,824 points ...
Sunday, 19 June 11
BUMI 1Q NET PROFIT INCREASES 16.5 PERCENT
PT Bumi Resources Tbk (BUMI), Indonesia's largest coal exporter that is 25% owned by London-listed Vallar Plc, reported a16.49% increase in net pro ...
Friday, 17 June 11
DRY BULK BREATHES SIGH OF RELEAF ON RENEWED CAPESIZE DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has caught a sign of relief from the middle of the week onwards, as the BDI (Baltic Dry Index) increased once again yesterday, t ...
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- McConnell Dowell - Australia
- Kohat Cement Company Ltd. - Pakistan
- Bayan Resources Tbk. - Indonesia
- Banpu Public Company Limited - Thailand
- Ceylon Electricity Board - Sri Lanka
- Timah Investasi Mineral - Indoneisa
- Toyota Tsusho Corporation, Japan
- Chettinad Cement Corporation Ltd - India
- Iligan Light & Power Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Semirara Mining Corp, Philippines
- GVK Power & Infra Limited - India
- IHS Mccloskey Coal Group - USA
- Vizag Seaport Private Limited - India
- Billiton Holdings Pty Ltd - Australia
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- Sindya Power Generating Company Private Ltd
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- SMC Global Power, Philippines
- Kapuas Tunggal Persada - Indonesia
- Ambuja Cements Ltd - India
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- The University of Queensland
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- Petron Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Interocean Group of Companies - India
- Aboitiz Power Corporation - Philippines
- Goldman Sachs - Singapore
- Port Waratah Coal Services - Australia
- Singapore Mercantile Exchange
- Miang Besar Coal Terminal - Indonesia
- White Energy Company Limited
- Electricity Generating Authority of Thailand
- Uttam Galva Steels Limited - India
- Commonwealth Bank - Australia
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- GMR Energy Limited - India
- CNBM International Corporation - China
- Romanian Commodities Exchange
- Xindia Steels Limited - India
- Essar Steel Hazira Ltd - India
- PowerSource Philippines DevCo
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- VISA Power Limited - India
- Mercuria Energy - Indonesia
- Sarangani Energy Corporation, Philippines
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- Ministry of Transport, Egypt
- Tata Chemicals Ltd - India
- Metalloyd Limited - United Kingdom
- Pendopo Energi Batubara - Indonesia
- Global Green Power PLC Corporation, Philippines
- Meralco Power Generation, Philippines
- Indian Oil Corporation Limited
- Coal and Oil Company - UAE
- MS Steel International - UAE
- Ministry of Mines - Canada
- Lanco Infratech Ltd - India
- Antam Resourcindo - Indonesia
- Borneo Indobara - Indonesia
- Kobexindo Tractors - Indoneisa
- Simpson Spence & Young - Indonesia
- Energy Development Corp, Philippines
- Parliament of New Zealand
- Intertek Mineral Services - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Renaissance Capital - South Africa
- Malabar Cements Ltd - India
- Orica Mining Services - Indonesia
- LBH Netherlands Bv - Netherlands
- Makarim & Taira - Indonesia
- Kumho Petrochemical, South Korea
- Planning Commission, India
- Ministry of Finance - Indonesia
- Indian Energy Exchange, India
- Eastern Energy - Thailand
- Jorong Barutama Greston.PT - Indonesia
- Binh Thuan Hamico - Vietnam
- Posco Energy - South Korea
- Indika Energy - Indonesia
- Energy Link Ltd, New Zealand
- Rashtriya Ispat Nigam Limited - India
- Indogreen Group - Indonesia
- Bukit Makmur.PT - Indonesia
- Riau Bara Harum - Indonesia
- The State Trading Corporation of India Ltd
- Eastern Coal Council - USA
- Madhucon Powers Ltd - India
- Parry Sugars Refinery, India
- Cement Manufacturers Association - India
- South Luzon Thermal Energy Corporation
- Directorate Of Revenue Intelligence - India
- Larsen & Toubro Limited - India
- San Jose City I Power Corp, Philippines
- Straits Asia Resources Limited - Singapore
- Bhushan Steel Limited - India
- The Treasury - Australian Government
- Thai Mozambique Logistica
- Bank of Tokyo Mitsubishi UFJ Ltd
- Siam City Cement - Thailand
- Marubeni Corporation - India
- Samtan Co., Ltd - South Korea
- Attock Cement Pakistan Limited
- CIMB Investment Bank - Malaysia
- Sakthi Sugars Limited - India
- Savvy Resources Ltd - HongKong
- Leighton Contractors Pty Ltd - Australia
- Siam City Cement PLC, Thailand
- Baramulti Group, Indonesia
- Sical Logistics Limited - India
- Alfred C Toepfer International GmbH - Germany
- ASAPP Information Group - India
- New Zealand Coal & Carbon
- Petrochimia International Co. Ltd.- Taiwan
- Bhatia International Limited - India
- Merrill Lynch Commodities Europe
- Medco Energi Mining Internasional
- Sojitz Corporation - Japan
- Mercator Lines Limited - India
- Global Business Power Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Jindal Steel & Power Ltd - India
- Electricity Authority, New Zealand
- Georgia Ports Authority, United States
- Carbofer General Trading SA - India
- Central Java Power - Indonesia
- Globalindo Alam Lestari - Indonesia
- Coastal Gujarat Power Limited - India
- Kartika Selabumi Mining - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Orica Australia Pty. Ltd.
- Global Coal Blending Company Limited - Australia
- Anglo American - United Kingdom
- Formosa Plastics Group - Taiwan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Price Waterhouse Coopers - Russia
- Wood Mackenzie - Singapore
- Mintek Dendrill Indonesia
- Standard Chartered Bank - UAE
- Bahari Cakrawala Sebuku - Indonesia
- Mjunction Services Limited - India
- Star Paper Mills Limited - India
- Power Finance Corporation Ltd., India
- Bukit Asam (Persero) Tbk - Indonesia
- Meenaskhi Energy Private Limited - India
- Edison Trading Spa - Italy
- London Commodity Brokers - England
- TeaM Sual Corporation - Philippines
- GAC Shipping (India) Pvt Ltd
- Kaltim Prima Coal - Indonesia
- Barasentosa Lestari - Indonesia
- Wilmar Investment Holdings
- Gujarat Electricity Regulatory Commission - India
- Bukit Baiduri Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Bulk Trading Sa - Switzerland
- Australian Coal Association
- Therma Luzon, Inc, Philippines
- Deloitte Consulting - India
- Indonesian Coal Mining Association
- OPG Power Generation Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Oldendorff Carriers - Singapore
- Ind-Barath Power Infra Limited - India
- Kideco Jaya Agung - Indonesia
- Altura Mining Limited, Indonesia
- Bangladesh Power Developement Board
- PTC India Limited - India
- Tamil Nadu electricity Board
- Trasteel International SA, Italy
- Bhoruka Overseas - Indonesia
- Minerals Council of Australia
- Australian Commodity Traders Exchange
- Latin American Coal - Colombia
- Gujarat Sidhee Cement - India
- Maheswari Brothers Coal Limited - India
- Holcim Trading Pte Ltd - Singapore
- Kepco SPC Power Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Pipit Mutiara Jaya. PT, Indonesia
- Grasim Industreis Ltd - India
- Indo Tambangraya Megah - Indonesia
- Jaiprakash Power Ventures ltd
- Gujarat Mineral Development Corp Ltd - India
- Manunggal Multi Energi - Indonesia
- Economic Council, Georgia
- Central Electricity Authority - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Coalindo Energy - Indonesia
- Heidelberg Cement - Germany
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Chamber of Mines of South Africa
- Kalimantan Lumbung Energi - Indonesia
- Africa Commodities Group - South Africa
- ICICI Bank Limited - India
- European Bulk Services B.V. - Netherlands
- Independent Power Producers Association of India
- Krishnapatnam Port Company Ltd. - India
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