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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, 21 November 10
THE FREIGHT MARKET MAY SLIGHTLY FIRM UP NEXT WEEK - CAPT. REDDY
COALspot.com: The freight market continued its down fall with BDI down by 6.83 pct and closed at 2,155 points.
According to Vistaar Shipping of S ...
Saturday, 20 November 10
ITALIAN STEAM COAL MARKET HAS RECOVERED - ITALIAN COAL ASSOCIATION
Press Release - This year Italy will import 17 million tons of steam coal, up 3% from 2009, and 5.5 million tons of coking coal and PCI, up 37% over ...
Friday, 19 November 10
WE'LL THINK ABOUT COAL TOMORROW - ANALYSIS
The future of coal generation in Russia is in question. The largest energy companies have abandoned their initial plans to switch their therma ...
Friday, 19 November 10
DRY BULK MARKET ON THE ROPES WITH BDI PLUNGING TO 2,164 POINTS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the panamax markets suffering the most this week, but a ray of hope for the capesize market, which appears to be stabilizing after days of fall ...
Thursday, 18 November 10
WORLD COAL ASSOCIATION WELCOMES NEW CHAIRMAN & SHENHUA GROUP AS NEW MEMBER 17 NOVEMBER 2010
Press Release – The premier global coal industry association marks its 25th anniversary with a new Chairman and welcomes China’s lar ...
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- Ministry of Transport, Egypt
- Ministry of Mines - Canada
- Salva Resources Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- Coalindo Energy - Indonesia
- CIMB Investment Bank - Malaysia
- The University of Queensland
- Ceylon Electricity Board - Sri Lanka
- Jindal Steel & Power Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Binh Thuan Hamico - Vietnam
- Samtan Co., Ltd - South Korea
- Thiess Contractors Indonesia
- Gujarat Electricity Regulatory Commission - India
- Romanian Commodities Exchange
- Formosa Plastics Group - Taiwan
- Price Waterhouse Coopers - Russia
- Global Green Power PLC Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Sidhee Cement - India
- Vizag Seaport Private Limited - India
- Petron Corporation, Philippines
- Heidelberg Cement - Germany
- Thai Mozambique Logistica
- Siam City Cement - Thailand
- TeaM Sual Corporation - Philippines
- Minerals Council of Australia
- Metalloyd Limited - United Kingdom
- Interocean Group of Companies - India
- Therma Luzon, Inc, Philippines
- Mercator Lines Limited - India
- Carbofer General Trading SA - India
- Energy Development Corp, Philippines
- Indian Energy Exchange, India
- Power Finance Corporation Ltd., India
- Global Coal Blending Company Limited - Australia
- ASAPP Information Group - India
- Dalmia Cement Bharat India
- Edison Trading Spa - Italy
- India Bulls Power Limited - India
- Electricity Authority, New Zealand
- Lanco Infratech Ltd - India
- Antam Resourcindo - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Straits Asia Resources Limited - Singapore
- Sindya Power Generating Company Private Ltd
- Independent Power Producers Association of India
- New Zealand Coal & Carbon
- Aditya Birla Group - India
- PetroVietnam Power Coal Import and Supply Company
- Bulk Trading Sa - Switzerland
- Bank of Tokyo Mitsubishi UFJ Ltd
- International Coal Ventures Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Attock Cement Pakistan Limited
- Parry Sugars Refinery, India
- Meralco Power Generation, Philippines
- Altura Mining Limited, Indonesia
- IEA Clean Coal Centre - UK
- Borneo Indobara - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Larsen & Toubro Limited - India
- Deloitte Consulting - India
- White Energy Company Limited
- Georgia Ports Authority, United States
- Kumho Petrochemical, South Korea
- Medco Energi Mining Internasional
- Coastal Gujarat Power Limited - India
- Port Waratah Coal Services - Australia
- GN Power Mariveles Coal Plant, Philippines
- Uttam Galva Steels Limited - India
- Sakthi Sugars Limited - India
- Agrawal Coal Company - India
- Bhoruka Overseas - Indonesia
- Directorate Of Revenue Intelligence - India
- Economic Council, Georgia
- Indo Tambangraya Megah - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- VISA Power Limited - India
- Tata Chemicals Ltd - India
- Baramulti Group, Indonesia
- Energy Link Ltd, New Zealand
- Chamber of Mines of South Africa
- Bhushan Steel Limited - India
- PTC India Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Barasentosa Lestari - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Leighton Contractors Pty Ltd - Australia
- Sarangani Energy Corporation, Philippines
- Semirara Mining Corp, Philippines
- Kartika Selabumi Mining - Indonesia
- Orica Mining Services - Indonesia
- Makarim & Taira - Indonesia
- Electricity Generating Authority of Thailand
- Riau Bara Harum - Indonesia
- Indian Oil Corporation Limited
- AsiaOL BioFuels Corp., Philippines
- PowerSource Philippines DevCo
- Ministry of Finance - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Planning Commission, India
- Kaltim Prima Coal - Indonesia
- Marubeni Corporation - India
- London Commodity Brokers - England
- Singapore Mercantile Exchange
- OPG Power Generation Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Mjunction Services Limited - India
- SN Aboitiz Power Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PNOC Exploration Corporation - Philippines
- Vedanta Resources Plc - India
- Central Java Power - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Renaissance Capital - South Africa
- Jaiprakash Power Ventures ltd
- Cement Manufacturers Association - India
- Oldendorff Carriers - Singapore
- Australian Commodity Traders Exchange
- Miang Besar Coal Terminal - Indonesia
- Standard Chartered Bank - UAE
- Videocon Industries ltd - India
- Toyota Tsusho Corporation, Japan
- Merrill Lynch Commodities Europe
- Malabar Cements Ltd - India
- Tamil Nadu electricity Board
- Mintek Dendrill Indonesia
- Africa Commodities Group - South Africa
- Bukit Asam (Persero) Tbk - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- GMR Energy Limited - India
- Maharashtra Electricity Regulatory Commission - India
- SMG Consultants - Indonesia
- Australian Coal Association
- Iligan Light & Power Inc, Philippines
- Wilmar Investment Holdings
- Alfred C Toepfer International GmbH - Germany
- Rio Tinto Coal - Australia
- CNBM International Corporation - China
- Kobexindo Tractors - Indoneisa
- Globalindo Alam Lestari - Indonesia
- Chettinad Cement Corporation Ltd - India
- Trasteel International SA, Italy
- Madhucon Powers Ltd - India
- Sojitz Corporation - Japan
- South Luzon Thermal Energy Corporation
- Ind-Barath Power Infra Limited - India
- Wood Mackenzie - Singapore
- Semirara Mining and Power Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Directorate General of MIneral and Coal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kepco SPC Power Corporation, Philippines
- Banpu Public Company Limited - Thailand
- San Jose City I Power Corp, Philippines
- Posco Energy - South Korea
- ICICI Bank Limited - India
- Grasim Industreis Ltd - India
- Bukit Makmur.PT - Indonesia
- IHS Mccloskey Coal Group - USA
- Star Paper Mills Limited - India
- Eastern Energy - Thailand
- Bhatia International Limited - India
- Latin American Coal - Colombia
- Global Business Power Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Mercuria Energy - Indonesia
- Coal and Oil Company - UAE
- Bayan Resources Tbk. - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Central Electricity Authority - India
- Neyveli Lignite Corporation Ltd, - India
- Simpson Spence & Young - Indonesia
- Sical Logistics Limited - India
- Timah Investasi Mineral - Indoneisa
- Intertek Mineral Services - Indonesia
- Goldman Sachs - Singapore
- Orica Australia Pty. Ltd.
- Indogreen Group - Indonesia
- Maheswari Brothers Coal Limited - India
- LBH Netherlands Bv - Netherlands
- Bangladesh Power Developement Board
- Indika Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- The Treasury - Australian Government
- Kapuas Tunggal Persada - Indonesia
- Bharathi Cement Corporation - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Anglo American - United Kingdom
- GVK Power & Infra Limited - India
- Karaikal Port Pvt Ltd - India
- McConnell Dowell - Australia
- SMC Global Power, Philippines
- Commonwealth Bank - Australia
- Xindia Steels Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Indonesian Coal Mining Association
- Meenaskhi Energy Private Limited - India
- Parliament of New Zealand
- Ambuja Cements Ltd - India
- Eastern Coal Council - USA
- Siam City Cement PLC, Thailand
- MS Steel International - UAE
- Krishnapatnam Port Company Ltd. - India
- Manunggal Multi Energi - Indonesia
- Savvy Resources Ltd - HongKong
- TNB Fuel Sdn Bhd - Malaysia
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