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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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Sunday, 06 March 11
THE S6 ROUTE MAY CONTINUE TO BE FIRM - VISTAAR
COALspot.com - The freight market was firm this week with all indices up. The BDI , Cape Index and Panamax index was up by almost 9 pct where as Sup ...
Friday, 04 March 11
IRON ORE FROM INDIA HAS BEEN QUIET
Handy
Activity has been gradually rising in the Atlantic but it is mostly confined to the USG market. Short period basis redelivery Atlantic has b ...
Thursday, 03 March 11
TNPL INDIA LOOKING FOR 160,000 MT OF NON-COKING COAL
COALspot.com - Tamil Nadu Newsprint and Papers Ltd. is seeking to import 160,000 plus minus 5 percent metric tons of non-coking coal with Gross Calo ...
Wednesday, 02 March 11
MIXED FORTUNES FOR DRY BULK OWNERS THIS WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Although the dry bulk market has been on the positive side this week, things still look quite uncertain in the near term, with most owners puzzled a ...
Wednesday, 02 March 11
INDIA, 2ND LARGEST IMPORTER OF INDONESIAN COAL IN 2010
COALspot.com: Indonesia, the world largest coal exporter, shipped 24.68 million tons of coal in January 2011, which was 1.19 percent higher Y-o- ...
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- Marubeni Corporation - India
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- Commonwealth Bank - Australia
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- Sical Logistics Limited - India
- India Bulls Power Limited - India
- Australian Commodity Traders Exchange
- London Commodity Brokers - England
- Australian Coal Association
- Independent Power Producers Association of India
- Bhoruka Overseas - Indonesia
- PNOC Exploration Corporation - Philippines
- San Jose City I Power Corp, Philippines
- Simpson Spence & Young - Indonesia
- Therma Luzon, Inc, Philippines
- Deloitte Consulting - India
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- Grasim Industreis Ltd - India
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- Cigading International Bulk Terminal - Indonesia
- Dalmia Cement Bharat India
- Indian Oil Corporation Limited
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- Ambuja Cements Ltd - India
- MS Steel International - UAE
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- The University of Queensland
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- Kepco SPC Power Corporation, Philippines
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- Indika Energy - Indonesia
- Merrill Lynch Commodities Europe
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- ASAPP Information Group - India
- Sakthi Sugars Limited - India
- CNBM International Corporation - China
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- Samtan Co., Ltd - South Korea
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- LBH Netherlands Bv - Netherlands
- GAC Shipping (India) Pvt Ltd
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- Mintek Dendrill Indonesia
- Straits Asia Resources Limited - Singapore
- Parliament of New Zealand
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Indian Energy Exchange, India
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- Minerals Council of Australia
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- Chamber of Mines of South Africa
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- Siam City Cement - Thailand
- Makarim & Taira - Indonesia
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- Orica Mining Services - Indonesia
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- Standard Chartered Bank - UAE
- Kumho Petrochemical, South Korea
- Alfred C Toepfer International GmbH - Germany
- Bukit Baiduri Energy - Indonesia
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- Maheswari Brothers Coal Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The State Trading Corporation of India Ltd
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- Bukit Makmur.PT - Indonesia
- Posco Energy - South Korea
- Directorate Of Revenue Intelligence - India
- Kalimantan Lumbung Energi - Indonesia
- Trasteel International SA, Italy
- Coal and Oil Company - UAE
- Global Business Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Electricity Authority, New Zealand
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- Semirara Mining and Power Corporation, Philippines
- Cement Manufacturers Association - India
- Semirara Mining Corp, Philippines
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- Asmin Koalindo Tuhup - Indonesia
- Sojitz Corporation - Japan
- Interocean Group of Companies - India
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- Bukit Asam (Persero) Tbk - Indonesia
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- Medco Energi Mining Internasional
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- GVK Power & Infra Limited - India
- Rashtriya Ispat Nigam Limited - India
- IHS Mccloskey Coal Group - USA
- European Bulk Services B.V. - Netherlands
- Bulk Trading Sa - Switzerland
- Kartika Selabumi Mining - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Banpu Public Company Limited - Thailand
- Binh Thuan Hamico - Vietnam
- OPG Power Generation Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Riau Bara Harum - Indonesia
- Georgia Ports Authority, United States
- PTC India Limited - India
- Larsen & Toubro Limited - India
- Meralco Power Generation, Philippines
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- Singapore Mercantile Exchange
- Formosa Plastics Group - Taiwan
- Toyota Tsusho Corporation, Japan
- Holcim Trading Pte Ltd - Singapore
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- Gujarat Sidhee Cement - India
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- Edison Trading Spa - Italy
- Malabar Cements Ltd - India
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- Ministry of Transport, Egypt
- Economic Council, Georgia
- Kideco Jaya Agung - Indonesia
- New Zealand Coal & Carbon
- Iligan Light & Power Inc, Philippines
- TeaM Sual Corporation - Philippines
- Borneo Indobara - Indonesia
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- Chettinad Cement Corporation Ltd - India
- Timah Investasi Mineral - Indoneisa
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- Planning Commission, India
- Mjunction Services Limited - India
- Intertek Mineral Services - Indonesia
- Africa Commodities Group - South Africa
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- Jaiprakash Power Ventures ltd
- Kobexindo Tractors - Indoneisa
- SMC Global Power, Philippines
- Mercuria Energy - Indonesia
- Eastern Coal Council - USA
- Karaikal Port Pvt Ltd - India
- Vedanta Resources Plc - India
- Sinarmas Energy and Mining - Indonesia
- Eastern Energy - Thailand
- Leighton Contractors Pty Ltd - Australia
- Aditya Birla Group - India
- Gujarat Mineral Development Corp Ltd - India
- Tamil Nadu electricity Board
- TNB Fuel Sdn Bhd - Malaysia
- Offshore Bulk Terminal Pte Ltd, Singapore
- SN Aboitiz Power Inc, Philippines
- Romanian Commodities Exchange
- Sree Jayajothi Cements Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Wood Mackenzie - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Ministry of Mines - Canada
- Lanco Infratech Ltd - India
- White Energy Company Limited
- Bayan Resources Tbk. - Indonesia
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- Gujarat Electricity Regulatory Commission - India
- Mercator Lines Limited - India
- Savvy Resources Ltd - HongKong
- Energy Link Ltd, New Zealand
- GMR Energy Limited - India
- Jindal Steel & Power Ltd - India
- Ministry of Finance - Indonesia
- Tata Chemicals Ltd - India
- McConnell Dowell - Australia
- VISA Power Limited - India
- International Coal Ventures Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Siam City Cement PLC, Thailand
- Miang Besar Coal Terminal - Indonesia
- Anglo American - United Kingdom
- Electricity Generating Authority of Thailand
- Neyveli Lignite Corporation Ltd, - India
- Manunggal Multi Energi - Indonesia
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- Goldman Sachs - Singapore
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- Karbindo Abesyapradhi - Indoneisa
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