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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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Wednesday, 02 February 11
BAYAN TO SUPPLY COAL TO TP UTILITIES LTD
Insider Stories has reportd that, Indonesia's one of the leading coal miner PT Bayan Resources Tbk (BYAN) owned by businessman Dato' Low Tuck ...
Wednesday, 02 February 11
HUGE TONNAGE OVERSUPPLY LOOMING FOR DRY BULK MARKET - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the dry bulk market taking another dive yesterday, to just over 1,000 points (1,084), losing more than 2% on the day, it’s more than obvi ...
Monday, 31 January 11
S. SUMATRA COAL RAILWAY TO BE COMPLETED ON SCHEDULE - THE JAKARTA POST
The Jakarta Post reported that, despite land acquisition problems, state coal mining company PT Bukit Asam is upbeat that the development of a railw ...
Monday, 31 January 11
COAL MINER PTBA TO DRIVE OUTPUT WITH ACQUISITIONS - THE JAKARTA GLOBE
The Jakarta Globe reported that, State coal company Perusahaan Tambang Batubara Bukit Asam said its output would increase 34 percent to 17.6 million ...
Saturday, 29 January 11
PRESSURE ON SHIPPING MARKET MAY CONTINUE UNTIL MID FEBRUARY 2011
COALspot.com - The BDI continues to drop and saw a drop of about 5 pct this week closing at 1370 points.
In May 2010 the BDI touched 4,209 ...
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- Port Waratah Coal Services - Australia
- Bukit Makmur.PT - Indonesia
- Kideco Jaya Agung - Indonesia
- Makarim & Taira - Indonesia
- The State Trading Corporation of India Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhushan Steel Limited - India
- Kapuas Tunggal Persada - Indonesia
- Timah Investasi Mineral - Indoneisa
- Toyota Tsusho Corporation, Japan
- Larsen & Toubro Limited - India
- Indogreen Group - Indonesia
- McConnell Dowell - Australia
- SN Aboitiz Power Inc, Philippines
- Georgia Ports Authority, United States
- Directorate General of MIneral and Coal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Bhoruka Overseas - Indonesia
- Kartika Selabumi Mining - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Intertek Mineral Services - Indonesia
- Trasteel International SA, Italy
- Uttam Galva Steels Limited - India
- Billiton Holdings Pty Ltd - Australia
- Parry Sugars Refinery, India
- Alfred C Toepfer International GmbH - Germany
- Malabar Cements Ltd - India
- Madhucon Powers Ltd - India
- Mintek Dendrill Indonesia
- Meenaskhi Energy Private Limited - India
- Jaiprakash Power Ventures ltd
- Marubeni Corporation - India
- Neyveli Lignite Corporation Ltd, - India
- Cement Manufacturers Association - India
- SMC Global Power, Philippines
- Pendopo Energi Batubara - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Dalmia Cement Bharat India
- Meralco Power Generation, Philippines
- Global Business Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Semirara Mining and Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Semirara Mining Corp, Philippines
- MS Steel International - UAE
- Grasim Industreis Ltd - India
- Aditya Birla Group - India
- ASAPP Information Group - India
- Electricity Authority, New Zealand
- Thai Mozambique Logistica
- VISA Power Limited - India
- Metalloyd Limited - United Kingdom
- Essar Steel Hazira Ltd - India
- Standard Chartered Bank - UAE
- Wood Mackenzie - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Bayan Resources Tbk. - Indonesia
- Orica Australia Pty. Ltd.
- Central Java Power - Indonesia
- Banpu Public Company Limited - Thailand
- Global Green Power PLC Corporation, Philippines
- Borneo Indobara - Indonesia
- PowerSource Philippines DevCo
- IEA Clean Coal Centre - UK
- Binh Thuan Hamico - Vietnam
- Maheswari Brothers Coal Limited - India
- Rashtriya Ispat Nigam Limited - India
- Indian Oil Corporation Limited
- Krishnapatnam Port Company Ltd. - India
- Star Paper Mills Limited - India
- LBH Netherlands Bv - Netherlands
- Bangladesh Power Developement Board
- Interocean Group of Companies - India
- Cigading International Bulk Terminal - Indonesia
- Price Waterhouse Coopers - Russia
- Coastal Gujarat Power Limited - India
- Goldman Sachs - Singapore
- Salva Resources Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Economic Council, Georgia
- CIMB Investment Bank - Malaysia
- Energy Link Ltd, New Zealand
- GVK Power & Infra Limited - India
- Planning Commission, India
- IHS Mccloskey Coal Group - USA
- Sree Jayajothi Cements Limited - India
- Sinarmas Energy and Mining - Indonesia
- Videocon Industries ltd - India
- Mjunction Services Limited - India
- ICICI Bank Limited - India
- Ambuja Cements Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Sical Logistics Limited - India
- CNBM International Corporation - China
- Ministry of Finance - Indonesia
- Energy Development Corp, Philippines
- Attock Cement Pakistan Limited
- Siam City Cement - Thailand
- Australian Commodity Traders Exchange
- Orica Mining Services - Indonesia
- Mercator Lines Limited - India
- Coal and Oil Company - UAE
- Aboitiz Power Corporation - Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Asia Pacific Energy Resources Ventures Inc, Philippines
- White Energy Company Limited
- OPG Power Generation Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Savvy Resources Ltd - HongKong
- Xindia Steels Limited - India
- Indika Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Indonesian Coal Mining Association
- Parliament of New Zealand
- GN Power Mariveles Coal Plant, Philippines
- London Commodity Brokers - England
- Coalindo Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- European Bulk Services B.V. - Netherlands
- Therma Luzon, Inc, Philippines
- Jindal Steel & Power Ltd - India
- Singapore Mercantile Exchange
- The Treasury - Australian Government
- Asmin Koalindo Tuhup - Indonesia
- Heidelberg Cement - Germany
- Iligan Light & Power Inc, Philippines
- Barasentosa Lestari - Indonesia
- Eastern Energy - Thailand
- Mercuria Energy - Indonesia
- Latin American Coal - Colombia
- Bulk Trading Sa - Switzerland
- Lanco Infratech Ltd - India
- Wilmar Investment Holdings
- Minerals Council of Australia
- Bharathi Cement Corporation - India
- Karaikal Port Pvt Ltd - India
- Independent Power Producers Association of India
- South Luzon Thermal Energy Corporation
- Africa Commodities Group - South Africa
- Altura Mining Limited, Indonesia
- Australian Coal Association
- Samtan Co., Ltd - South Korea
- Agrawal Coal Company - India
- Renaissance Capital - South Africa
- Tamil Nadu electricity Board
- Kalimantan Lumbung Energi - Indonesia
- GAC Shipping (India) Pvt Ltd
- Oldendorff Carriers - Singapore
- PTC India Limited - India
- Merrill Lynch Commodities Europe
- Kepco SPC Power Corporation, Philippines
- Indian Energy Exchange, India
- GMR Energy Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Commonwealth Bank - Australia
- Carbofer General Trading SA - India
- Sakthi Sugars Limited - India
- Edison Trading Spa - Italy
- TeaM Sual Corporation - Philippines
- Gujarat Sidhee Cement - India
- Chettinad Cement Corporation Ltd - India
- Electricity Generating Authority of Thailand
- Eastern Coal Council - USA
- Sindya Power Generating Company Private Ltd
- Anglo American - United Kingdom
- Manunggal Multi Energi - Indonesia
- Posco Energy - South Korea
- Riau Bara Harum - Indonesia
- Bhatia International Limited - India
- Deloitte Consulting - India
- Thiess Contractors Indonesia
- Bukit Baiduri Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Ind-Barath Power Infra Limited - India
- Kaltim Prima Coal - Indonesia
- Formosa Plastics Group - Taiwan
- Kobexindo Tractors - Indoneisa
- Ministry of Mines - Canada
- Simpson Spence & Young - Indonesia
- Ministry of Transport, Egypt
- New Zealand Coal & Carbon
- Central Electricity Authority - India
- Tata Chemicals Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- San Jose City I Power Corp, Philippines
- Straits Asia Resources Limited - Singapore
- Gujarat Electricity Regulatory Commission - India
- Chamber of Mines of South Africa
- Siam City Cement PLC, Thailand
- Kumho Petrochemical, South Korea
- Kohat Cement Company Ltd. - Pakistan
- Medco Energi Mining Internasional
- PNOC Exploration Corporation - Philippines
- SMG Consultants - Indonesia
- Rio Tinto Coal - Australia
- Romanian Commodities Exchange
- India Bulls Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Directorate Of Revenue Intelligence - India
- Vijayanagar Sugar Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Petron Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Vedanta Resources Plc - India
- Antam Resourcindo - Indonesia
- Vizag Seaport Private Limited - India
- Baramulti Group, Indonesia
- Sarangani Energy Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- The University of Queensland
- Petrochimia International Co. Ltd.- Taiwan
- Power Finance Corporation Ltd., India
- Global Coal Blending Company Limited - Australia
- Sojitz Corporation - Japan
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