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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, 26 January 11
DRY BULK MARKET TAKES YET ANOTHER NOSEDIVE, CAPESIZES LOOK RATHER UNATTRACTIVE AT THE MOMENT - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The downturn of the dry bulk market sees no boundariers, disproving even those who thought that at least for the capesize market, the worst had pass ...
Tuesday, 25 January 11
DRY BULK RATES CONTINUED TO TUMBLE LAST WEEK - BRS
With weather-related problems affecting the short-term outlook, and new building deliveries the longer-term picture, dry bulk rates continued to tum ...
Tuesday, 25 January 11
R-POWER TO INVEST $5BN IN INDONESIA - THE TIMES OF INDIA
The Times of India reported that, In what is being seen as one of the largest foreign investments in Indonesia, Reliance Power will infuse $5 billio ...
Monday, 24 January 11
GOVT PROMISES COAL FOR PLN DESPITE PRICE SPIKES - THE JAKARTA POST
The Jakarta Post reported that, the government says state electricity company PT PLN will receive enough coal to fire its power plants, despite pric ...
Monday, 24 January 11
DRY BULK MARKETS DOWNTURN SEES NO RELIEF - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has kept falling for yet another week, with the industry’s benchmark, the Baltic Dry Index (BDI) losing an additional 4.79 ...
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- Malabar Cements Ltd - India
- Indo Tambangraya Megah - Indonesia
- Jaiprakash Power Ventures ltd
- Attock Cement Pakistan Limited
- Parry Sugars Refinery, India
- Krishnapatnam Port Company Ltd. - India
- Siam City Cement - Thailand
- OPG Power Generation Pvt Ltd - India
- Sakthi Sugars Limited - India
- SMG Consultants - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Ind-Barath Power Infra Limited - India
- Kartika Selabumi Mining - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Makarim & Taira - Indonesia
- Baramulti Group, Indonesia
- Independent Power Producers Association of India
- Thiess Contractors Indonesia
- PowerSource Philippines DevCo
- Pendopo Energi Batubara - Indonesia
- Wood Mackenzie - Singapore
- Bayan Resources Tbk. - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- LBH Netherlands Bv - Netherlands
- PTC India Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Kalimantan Lumbung Energi - Indonesia
- Star Paper Mills Limited - India
- Mercator Lines Limited - India
- GMR Energy Limited - India
- Mintek Dendrill Indonesia
- Romanian Commodities Exchange
- Directorate Of Revenue Intelligence - India
- Neyveli Lignite Corporation Ltd, - India
- Ambuja Cements Ltd - India
- TeaM Sual Corporation - Philippines
- Aboitiz Power Corporation - Philippines
- Semirara Mining and Power Corporation, Philippines
- Indogreen Group - Indonesia
- Renaissance Capital - South Africa
- Ministry of Transport, Egypt
- Sindya Power Generating Company Private Ltd
- Riau Bara Harum - Indonesia
- Global Green Power PLC Corporation, Philippines
- Eastern Coal Council - USA
- Coastal Gujarat Power Limited - India
- Sojitz Corporation - Japan
- Georgia Ports Authority, United States
- Cigading International Bulk Terminal - Indonesia
- Power Finance Corporation Ltd., India
- Aditya Birla Group - India
- Kaltim Prima Coal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Eastern Energy - Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Marubeni Corporation - India
- Global Coal Blending Company Limited - Australia
- PetroVietnam Power Coal Import and Supply Company
- Deloitte Consulting - India
- Planning Commission, India
- Bahari Cakrawala Sebuku - Indonesia
- Indika Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Sinarmas Energy and Mining - Indonesia
- Anglo American - United Kingdom
- Altura Mining Limited, Indonesia
- GVK Power & Infra Limited - India
- Barasentosa Lestari - Indonesia
- Cement Manufacturers Association - India
- Energy Link Ltd, New Zealand
- Gujarat Electricity Regulatory Commission - India
- White Energy Company Limited
- Indian Oil Corporation Limited
- Formosa Plastics Group - Taiwan
- Australian Coal Association
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Samtan Co., Ltd - South Korea
- Uttam Galva Steels Limited - India
- Salva Resources Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Bhatia International Limited - India
- Rio Tinto Coal - Australia
- Bharathi Cement Corporation - India
- Vizag Seaport Private Limited - India
- Thai Mozambique Logistica
- Savvy Resources Ltd - HongKong
- Borneo Indobara - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GN Power Mariveles Coal Plant, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Wilmar Investment Holdings
- Indonesian Coal Mining Association
- Oldendorff Carriers - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Economic Council, Georgia
- Trasteel International SA, Italy
- IHS Mccloskey Coal Group - USA
- IEA Clean Coal Centre - UK
- VISA Power Limited - India
- Bukit Baiduri Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- San Jose City I Power Corp, Philippines
- MS Steel International - UAE
- Coal and Oil Company - UAE
- Indian Energy Exchange, India
- Heidelberg Cement - Germany
- Maharashtra Electricity Regulatory Commission - India
- Kideco Jaya Agung - Indonesia
- Globalindo Alam Lestari - Indonesia
- Larsen & Toubro Limited - India
- Kepco SPC Power Corporation, Philippines
- Tata Chemicals Ltd - India
- Meenaskhi Energy Private Limited - India
- Electricity Authority, New Zealand
- Petron Corporation, Philippines
- Bhushan Steel Limited - India
- The State Trading Corporation of India Ltd
- GAC Shipping (India) Pvt Ltd
- Kumho Petrochemical, South Korea
- Meralco Power Generation, Philippines
- Edison Trading Spa - Italy
- Kobexindo Tractors - Indoneisa
- Vedanta Resources Plc - India
- Binh Thuan Hamico - Vietnam
- International Coal Ventures Pvt Ltd - India
- Central Electricity Authority - India
- Siam City Cement PLC, Thailand
- Carbofer General Trading SA - India
- Kohat Cement Company Ltd. - Pakistan
- The University of Queensland
- Petrochimia International Co. Ltd.- Taiwan
- Karbindo Abesyapradhi - Indoneisa
- Bulk Trading Sa - Switzerland
- Sical Logistics Limited - India
- Metalloyd Limited - United Kingdom
- Bangladesh Power Developement Board
- SMC Global Power, Philippines
- Videocon Industries ltd - India
- Chamber of Mines of South Africa
- Ministry of Mines - Canada
- Mercuria Energy - Indonesia
- Energy Development Corp, Philippines
- The Treasury - Australian Government
- PNOC Exploration Corporation - Philippines
- Minerals Council of Australia
- Parliament of New Zealand
- Singapore Mercantile Exchange
- Iligan Light & Power Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Medco Energi Mining Internasional
- Grasim Industreis Ltd - India
- Africa Commodities Group - South Africa
- Chettinad Cement Corporation Ltd - India
- Interocean Group of Companies - India
- Kapuas Tunggal Persada - Indonesia
- Sree Jayajothi Cements Limited - India
- Bhoruka Overseas - Indonesia
- McConnell Dowell - Australia
- Global Business Power Corporation, Philippines
- Coalindo Energy - Indonesia
- Merrill Lynch Commodities Europe
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Orica Australia Pty. Ltd.
- Port Waratah Coal Services - Australia
- Maheswari Brothers Coal Limited - India
- Tamil Nadu electricity Board
- Offshore Bulk Terminal Pte Ltd, Singapore
- Lanco Infratech Ltd - India
- Semirara Mining Corp, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- New Zealand Coal & Carbon
- Jindal Steel & Power Ltd - India
- Intertek Mineral Services - Indonesia
- Antam Resourcindo - Indonesia
- Banpu Public Company Limited - Thailand
- SN Aboitiz Power Inc, Philippines
- CNBM International Corporation - China
- Bukit Makmur.PT - Indonesia
- Dalmia Cement Bharat India
- Mjunction Services Limited - India
- AsiaOL BioFuels Corp., Philippines
- Central Java Power - Indonesia
- Agrawal Coal Company - India
- Latin American Coal - Colombia
- Australian Commodity Traders Exchange
- Timah Investasi Mineral - Indoneisa
- Holcim Trading Pte Ltd - Singapore
- Posco Energy - South Korea
- London Commodity Brokers - England
- Therma Luzon, Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Straits Asia Resources Limited - Singapore
- Price Waterhouse Coopers - Russia
- Billiton Holdings Pty Ltd - Australia
- Miang Besar Coal Terminal - Indonesia
- Xindia Steels Limited - India
- South Luzon Thermal Energy Corporation
- Goldman Sachs - Singapore
- Electricity Generating Authority of Thailand
- CIMB Investment Bank - Malaysia
- European Bulk Services B.V. - Netherlands
- Madhucon Powers Ltd - India
- ASAPP Information Group - India
- Gujarat Sidhee Cement - India
- Ministry of Finance - Indonesia
- Manunggal Multi Energi - Indonesia
- Orica Mining Services - Indonesia
- ICICI Bank Limited - India
- India Bulls Power Limited - India
- Standard Chartered Bank - UAE
- Karaikal Port Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Simpson Spence & Young - Indonesia
- Commonwealth Bank - Australia
- Ceylon Electricity Board - Sri Lanka
- Rashtriya Ispat Nigam Limited - India
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