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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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Friday, 22 April 11
DRY BULK MARKET KEEPS FALLING, NOW AT TWO-MONTH LOWS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market seems unable at the moment to recover from the weight of newbuilding deliveries, resulting in too many ships competing for fewer ...
Wednesday, 20 April 11
TNPL SECURED 160K MT OF COAL WITH CALORIFIC VALUE 6000 GAD AT US$ 93.44 PMT
COALspot.com - Delhi based Knowledge Infrastructure Systems Pvt. Ltd once again offered the lowest price of US$ 93.44 per metric ton for calorific v ...
Wednesday, 20 April 11
TSI LAUNCHES GEO-COAL UPGRADING TECHNOLOGY
Simple yet effective process boosts calorific value of low rank coal to provide lower cost energy across the world.
Press Release - Total Sinergy ...
Wednesday, 20 April 11
ADARO TO PAY OUT RP 970B IN DIVIDENDS - THE JAKARTA POST
The Jakarta Post reported that, the annual shareholders meeting of coal producer PT Adaro Energy on Wednesday agreed on the disbursement of Rp 970.7 ...
Wednesday, 20 April 11
INDIA IMPORTS MORE COAL FROM INDONESIA
COALspot.com - Indonesian coal exports jumped 23.31 percent during March 2011. The world’s largest coal exporter shipped 27, ...
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- OPG Power Generation Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Georgia Ports Authority, United States
- Energy Development Corp, Philippines
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- Central Electricity Authority - India
- Siam City Cement PLC, Thailand
- Agrawal Coal Company - India
- Star Paper Mills Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bangladesh Power Developement Board
- Mintek Dendrill Indonesia
- Indo Tambangraya Megah - Indonesia
- Neyveli Lignite Corporation Ltd, - India
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- White Energy Company Limited
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- India Bulls Power Limited - India
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- Indika Energy - Indonesia
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- Maharashtra Electricity Regulatory Commission - India
- ICICI Bank Limited - India
- Sinarmas Energy and Mining - Indonesia
- Sical Logistics Limited - India
- CIMB Investment Bank - Malaysia
- Maheswari Brothers Coal Limited - India
- Electricity Generating Authority of Thailand
- Aboitiz Power Corporation - Philippines
- Africa Commodities Group - South Africa
- Barasentosa Lestari - Indonesia
- GMR Energy Limited - India
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- Indonesian Coal Mining Association
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- Jorong Barutama Greston.PT - Indonesia
- Orica Australia Pty. Ltd.
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- Coalindo Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Port Waratah Coal Services - Australia
- Minerals Council of Australia
- Krishnapatnam Port Company Ltd. - India
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- Romanian Commodities Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sarangani Energy Corporation, Philippines
- MS Steel International - UAE
- TNB Fuel Sdn Bhd - Malaysia
- Karbindo Abesyapradhi - Indoneisa
- The Treasury - Australian Government
- Meralco Power Generation, Philippines
- Australian Commodity Traders Exchange
- Mjunction Services Limited - India
- London Commodity Brokers - England
- Thai Mozambique Logistica
- IEA Clean Coal Centre - UK
- Chamber of Mines of South Africa
- Borneo Indobara - Indonesia
- Salva Resources Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Tamil Nadu electricity Board
- Goldman Sachs - Singapore
- Sojitz Corporation - Japan
- TeaM Sual Corporation - Philippines
- Cigading International Bulk Terminal - Indonesia
- Central Java Power - Indonesia
- Eastern Energy - Thailand
- Madhucon Powers Ltd - India
- VISA Power Limited - India
- Malabar Cements Ltd - India
- Eastern Coal Council - USA
- Ministry of Mines - Canada
- PetroVietnam Power Coal Import and Supply Company
- Baramulti Group, Indonesia
- Alfred C Toepfer International GmbH - Germany
- Xindia Steels Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Commonwealth Bank - Australia
- Siam City Cement - Thailand
- Miang Besar Coal Terminal - Indonesia
- Rio Tinto Coal - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bukit Makmur.PT - Indonesia
- Anglo American - United Kingdom
- New Zealand Coal & Carbon
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- Semirara Mining and Power Corporation, Philippines
- Vedanta Resources Plc - India
- Kapuas Tunggal Persada - Indonesia
- Wilmar Investment Holdings
- Therma Luzon, Inc, Philippines
- Planning Commission, India
- Thiess Contractors Indonesia
- Globalindo Alam Lestari - Indonesia
- Vizag Seaport Private Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Singapore Mercantile Exchange
- Trasteel International SA, Italy
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- Timah Investasi Mineral - Indoneisa
- Gujarat Sidhee Cement - India
- Pendopo Energi Batubara - Indonesia
- Ministry of Finance - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Binh Thuan Hamico - Vietnam
- Mercuria Energy - Indonesia
- Posco Energy - South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Cement Manufacturers Association - India
- IHS Mccloskey Coal Group - USA
- Lanco Infratech Ltd - India
- Ind-Barath Power Infra Limited - India
- Straits Asia Resources Limited - Singapore
- Price Waterhouse Coopers - Russia
- Bahari Cakrawala Sebuku - Indonesia
- San Jose City I Power Corp, Philippines
- Edison Trading Spa - Italy
- International Coal Ventures Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Standard Chartered Bank - UAE
- Bukit Asam (Persero) Tbk - Indonesia
- Aditya Birla Group - India
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- AsiaOL BioFuels Corp., Philippines
- Intertek Mineral Services - Indonesia
- GAC Shipping (India) Pvt Ltd
- Deloitte Consulting - India
- Simpson Spence & Young - Indonesia
- Bhatia International Limited - India
- Jindal Steel & Power Ltd - India
- Manunggal Multi Energi - Indonesia
- Bhushan Steel Limited - India
- SMG Consultants - Indonesia
- Renaissance Capital - South Africa
- Holcim Trading Pte Ltd - Singapore
- CNBM International Corporation - China
- Indian Energy Exchange, India
- Parry Sugars Refinery, India
- Parliament of New Zealand
- The University of Queensland
- Wood Mackenzie - Singapore
- Kepco SPC Power Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Bhoruka Overseas - Indonesia
- Formosa Plastics Group - Taiwan
- Videocon Industries ltd - India
- GVK Power & Infra Limited - India
- Global Coal Blending Company Limited - Australia
- SN Aboitiz Power Inc, Philippines
- SMC Global Power, Philippines
- Metalloyd Limited - United Kingdom
- Interocean Group of Companies - India
- Savvy Resources Ltd - HongKong
- Makarim & Taira - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Ambuja Cements Ltd - India
- Orica Mining Services - Indonesia
- Grasim Industreis Ltd - India
- Coal and Oil Company - UAE
- Larsen & Toubro Limited - India
- Kartika Selabumi Mining - Indonesia
- Heidelberg Cement - Germany
- Semirara Mining Corp, Philippines
- Chettinad Cement Corporation Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Bharathi Cement Corporation - India
- Power Finance Corporation Ltd., India
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- Sindya Power Generating Company Private Ltd
- Global Green Power PLC Corporation, Philippines
- Petron Corporation, Philippines
- Medco Energi Mining Internasional
- Kaltim Prima Coal - Indonesia
- European Bulk Services B.V. - Netherlands
- PNOC Exploration Corporation - Philippines
- Electricity Authority, New Zealand
- Sakthi Sugars Limited - India
- Directorate Of Revenue Intelligence - India
- Riau Bara Harum - Indonesia
- Economic Council, Georgia
- The State Trading Corporation of India Ltd
- Samtan Co., Ltd - South Korea
- Australian Coal Association
- ASAPP Information Group - India
- Kumho Petrochemical, South Korea
- Indian Oil Corporation Limited
- McConnell Dowell - Australia
- Bayan Resources Tbk. - Indonesia
- Essar Steel Hazira Ltd - India
- Kideco Jaya Agung - Indonesia
- South Luzon Thermal Energy Corporation
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- Gujarat Mineral Development Corp Ltd - India
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- Toyota Tsusho Corporation, Japan
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