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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, 22 December 10
PEABODY ENERGY TO SOURCE INDONESIAN COAL FROM PT SUPRA BARA ENERGI (SBE) - COAL GEOLOGY
Coal Geology reported that, Peabody Energy has entered into an agreement to source coal from PT Supra Bara Energi (SBE), which will be sold on the e ...
Wednesday, 22 December 10
INDONESIAN COAL LOAD PORT WEATHER CONDITION AND DELAYS
COALspot.com - The several leading shipping agents in Indonesia, said due to rainy season in Indonesia, loading activities in coal loading ports hav ...
Wednesday, 22 December 10
COAL INDIA CLOSE TO BUYING 15% STAKE IN AUSTRALIAN MINE - ECONOMIC TIMES
Economic Times reported that, Coal India (CIL) is close to buying a stake between 10% to 15% in an Australian mine owned by Peabody, a US company.
...
Wednesday, 22 December 10
CAPESIZE FUTURES MARKET RATES ARE EXPECTED TO CONTINUE THEIR DRIFT DOWN IN 2011 - BRS
Nearly two months of weekly declines in the Baltic Capesize Index were finally halted last week with a small 1% increase Friday-to-Friday. The impro ...
Wednesday, 22 December 10
DRY BULK MARKET LOOKING FOR DIRECTION AMID HOLIDAYS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market isn’t exhibiting a “festive” behavior, thus cheering ship owners and investors alike. Instead, the industry&rs ...
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- Parry Sugars Refinery, India
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- Electricity Authority, New Zealand
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- MS Steel International - UAE
- Planning Commission, India
- GMR Energy Limited - India
- SMC Global Power, Philippines
- Global Coal Blending Company Limited - Australia
- Rashtriya Ispat Nigam Limited - India
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- Madhucon Powers Ltd - India
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- Ceylon Electricity Board - Sri Lanka
- The Treasury - Australian Government
- Bahari Cakrawala Sebuku - Indonesia
- London Commodity Brokers - England
- New Zealand Coal & Carbon
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- Goldman Sachs - Singapore
- Dalmia Cement Bharat India
- Indogreen Group - Indonesia
- Parliament of New Zealand
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- Indian Oil Corporation Limited
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- Eastern Energy - Thailand
- Altura Mining Limited, Indonesia
- Standard Chartered Bank - UAE
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- Billiton Holdings Pty Ltd - Australia
- Gujarat Electricity Regulatory Commission - India
- Straits Asia Resources Limited - Singapore
- Coastal Gujarat Power Limited - India
- Uttam Galva Steels Limited - India
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- Tamil Nadu electricity Board
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- ICICI Bank Limited - India
- International Coal Ventures Pvt Ltd - India
- Wood Mackenzie - Singapore
- Sical Logistics Limited - India
- Independent Power Producers Association of India
- Edison Trading Spa - Italy
- Minerals Council of Australia
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- The State Trading Corporation of India Ltd
- Merrill Lynch Commodities Europe
- GN Power Mariveles Coal Plant, Philippines
- CIMB Investment Bank - Malaysia
- Sojitz Corporation - Japan
- Kalimantan Lumbung Energi - Indonesia
- LBH Netherlands Bv - Netherlands
- TNB Fuel Sdn Bhd - Malaysia
- Riau Bara Harum - Indonesia
- IEA Clean Coal Centre - UK
- Siam City Cement PLC, Thailand
- Commonwealth Bank - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Posco Energy - South Korea
- Chamber of Mines of South Africa
- Vijayanagar Sugar Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Malabar Cements Ltd - India
- Vedanta Resources Plc - India
- Attock Cement Pakistan Limited
- AsiaOL BioFuels Corp., Philippines
- Central Electricity Authority - India
- Interocean Group of Companies - India
- Meenaskhi Energy Private Limited - India
- SMG Consultants - Indonesia
- Australian Commodity Traders Exchange
- Cigading International Bulk Terminal - Indonesia
- Economic Council, Georgia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Videocon Industries ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Karaikal Port Pvt Ltd - India
- Cement Manufacturers Association - India
- Bangladesh Power Developement Board
- Eastern Coal Council - USA
- Kapuas Tunggal Persada - Indonesia
- Latin American Coal - Colombia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ministry of Finance - Indonesia
- Oldendorff Carriers - Singapore
- GAC Shipping (India) Pvt Ltd
- Thiess Contractors Indonesia
- Jaiprakash Power Ventures ltd
- Sakthi Sugars Limited - India
- Binh Thuan Hamico - Vietnam
- Ministry of Mines - Canada
- Power Finance Corporation Ltd., India
- Energy Link Ltd, New Zealand
- Directorate Of Revenue Intelligence - India
- ASAPP Information Group - India
- Savvy Resources Ltd - HongKong
- Singapore Mercantile Exchange
- Trasteel International SA, Italy
- Heidelberg Cement - Germany
- Semirara Mining Corp, Philippines
- Renaissance Capital - South Africa
- Thai Mozambique Logistica
- Indo Tambangraya Megah - Indonesia
- Coal and Oil Company - UAE
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- Bayan Resources Tbk. - Indonesia
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- Simpson Spence & Young - Indonesia
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- PTC India Limited - India
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- Bharathi Cement Corporation - India
- Sinarmas Energy and Mining - Indonesia
- Bhoruka Overseas - Indonesia
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- Borneo Indobara - Indonesia
- Kumho Petrochemical, South Korea
- Indonesian Coal Mining Association
- Gujarat Mineral Development Corp Ltd - India
- Electricity Generating Authority of Thailand
- Bulk Trading Sa - Switzerland
- Australian Coal Association
- Global Business Power Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Ambuja Cements Ltd - India
- Samtan Co., Ltd - South Korea
- Semirara Mining and Power Corporation, Philippines
- Indian Energy Exchange, India
- Africa Commodities Group - South Africa
- Kepco SPC Power Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sarangani Energy Corporation, Philippines
- GVK Power & Infra Limited - India
- Timah Investasi Mineral - Indoneisa
- Antam Resourcindo - Indonesia
- Lanco Infratech Ltd - India
- McConnell Dowell - Australia
- Miang Besar Coal Terminal - Indonesia
- CNBM International Corporation - China
- Pipit Mutiara Jaya. PT, Indonesia
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- Leighton Contractors Pty Ltd - Australia
- Bukit Makmur.PT - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Carbofer General Trading SA - India
- Sindya Power Generating Company Private Ltd
- Asmin Koalindo Tuhup - Indonesia
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- Karbindo Abesyapradhi - Indoneisa
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- Directorate General of MIneral and Coal - Indonesia
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- Mintek Dendrill Indonesia
- PowerSource Philippines DevCo
- Xindia Steels Limited - India
- Salva Resources Pvt Ltd - India
- Coalindo Energy - Indonesia
- Deloitte Consulting - India
- Rio Tinto Coal - Australia
- Marubeni Corporation - India
- Larsen & Toubro Limited - India
- Star Paper Mills Limited - India
- Alfred C Toepfer International GmbH - Germany
- Iligan Light & Power Inc, Philippines
- European Bulk Services B.V. - Netherlands
- Kartika Selabumi Mining - Indonesia
- Bhatia International Limited - India
- Jindal Steel & Power Ltd - India
- Bukit Baiduri Energy - Indonesia
- The University of Queensland
- Toyota Tsusho Corporation, Japan
- PetroVietnam Power Coal Import and Supply Company
- Price Waterhouse Coopers - Russia
- Petrochimia International Co. Ltd.- Taiwan
- Petron Corporation, Philippines
- White Energy Company Limited
- Baramulti Group, Indonesia
- Ind-Barath Power Infra Limited - India
- Anglo American - United Kingdom
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- Ministry of Transport, Egypt
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