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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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Thursday, 18 November 10
MUNDRA PORT AWARDED BEST PRIVATE PORT - COMMODITY ONLINE / HELLENIC SHIPPING
Adani Group owned, Mundra Port has been awarded the Annual Indian Maritime Gateway Award for the Best Private Port of the Year for the third consecu ...
Wednesday, 17 November 10
DRY BULK MARKET LOOKING FOR SUPPORT IN COAL TRADES AND INDIAN IRON ORE EXPORTS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Nikos Roussanoglou, Hellenic Shipping reported that, the dry bulk market is lacking support to end its 13-day slide, as evidenced by Monday’s ...
Tuesday, 16 November 10
'VALLAR PLC' TO BECOME 'BUMI PLC' POST DEAL - THE JAKARTA POST
The Jakarta Post reported that, The United Kingdom’s Vallar Plc will change its name to Bumi Plc following a cash and stock transaction with t ...
Tuesday, 16 November 10
ROTHSCHILD BUYS INDONESIAN COAL STAKES FOR $3 BILLION - BLOOMBERG
Bloomberg reported that, Nathaniel Rothschild, the only son of U.K. financier Jacob Rothschild, agreed to invest $3 billion in two Indonesian coal c ...
Sunday, 14 November 10
THE FREIGHT MARKET CONTINUED ITS DOWN FALL - VISTAAR SINGAPORE
COALspot.com: The freight market continued its down fall with BDI down by 7.29 pct and closed at 2,313 points.
All other segments were also under ...
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- Manunggal Multi Energi - Indonesia
- Medco Energi Mining Internasional
- Borneo Indobara - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Price Waterhouse Coopers - Russia
- Planning Commission, India
- Indonesian Coal Mining Association
- Thai Mozambique Logistica
- Sinarmas Energy and Mining - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Antam Resourcindo - Indonesia
- Gujarat Sidhee Cement - India
- Aditya Birla Group - India
- Romanian Commodities Exchange
- Bulk Trading Sa - Switzerland
- Gujarat Electricity Regulatory Commission - India
- Bhoruka Overseas - Indonesia
- Energy Link Ltd, New Zealand
- SMC Global Power, Philippines
- Indika Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Georgia Ports Authority, United States
- Mercator Lines Limited - India
- Sarangani Energy Corporation, Philippines
- Parliament of New Zealand
- Goldman Sachs - Singapore
- Metalloyd Limited - United Kingdom
- India Bulls Power Limited - India
- Heidelberg Cement - Germany
- LBH Netherlands Bv - Netherlands
- Directorate Of Revenue Intelligence - India
- Orica Australia Pty. Ltd.
- Semirara Mining Corp, Philippines
- Alfred C Toepfer International GmbH - Germany
- Ceylon Electricity Board - Sri Lanka
- Bharathi Cement Corporation - India
- Mjunction Services Limited - India
- Tata Chemicals Ltd - India
- Edison Trading Spa - Italy
- Xindia Steels Limited - India
- Binh Thuan Hamico - Vietnam
- Sree Jayajothi Cements Limited - India
- Commonwealth Bank - Australia
- PetroVietnam Power Coal Import and Supply Company
- Eastern Energy - Thailand
- Baramulti Group, Indonesia
- Riau Bara Harum - Indonesia
- PowerSource Philippines DevCo
- Sical Logistics Limited - India
- Formosa Plastics Group - Taiwan
- Makarim & Taira - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Renaissance Capital - South Africa
- VISA Power Limited - India
- Ind-Barath Power Infra Limited - India
- Australian Coal Association
- Vizag Seaport Private Limited - India
- Trasteel International SA, Italy
- Standard Chartered Bank - UAE
- Grasim Industreis Ltd - India
- Jaiprakash Power Ventures ltd
- ASAPP Information Group - India
- The University of Queensland
- Latin American Coal - Colombia
- Eastern Coal Council - USA
- Kaltim Prima Coal - Indonesia
- McConnell Dowell - Australia
- Sojitz Corporation - Japan
- Wood Mackenzie - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Indian Oil Corporation Limited
- Coalindo Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Therma Luzon, Inc, Philippines
- Singapore Mercantile Exchange
- Larsen & Toubro Limited - India
- Bangladesh Power Developement Board
- Central Electricity Authority - India
- Ministry of Transport, Egypt
- Jorong Barutama Greston.PT - Indonesia
- Samtan Co., Ltd - South Korea
- Petron Corporation, Philippines
- Orica Mining Services - Indonesia
- Intertek Mineral Services - Indonesia
- Essar Steel Hazira Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Rio Tinto Coal - Australia
- IEA Clean Coal Centre - UK
- Global Coal Blending Company Limited - Australia
- Ministry of Mines - Canada
- Barasentosa Lestari - Indonesia
- Savvy Resources Ltd - HongKong
- Sakthi Sugars Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- PNOC Exploration Corporation - Philippines
- Marubeni Corporation - India
- SMG Consultants - Indonesia
- Posco Energy - South Korea
- Tamil Nadu electricity Board
- Electricity Generating Authority of Thailand
- Maheswari Brothers Coal Limited - India
- Banpu Public Company Limited - Thailand
- Iligan Light & Power Inc, Philippines
- Global Business Power Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Interocean Group of Companies - India
- Mintek Dendrill Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Electricity Authority, New Zealand
- Indo Tambangraya Megah - Indonesia
- Star Paper Mills Limited - India
- Kartika Selabumi Mining - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Carbofer General Trading SA - India
- Indian Energy Exchange, India
- Anglo American - United Kingdom
- Meralco Power Generation, Philippines
- Bukit Makmur.PT - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Bhatia International Limited - India
- Chettinad Cement Corporation Ltd - India
- Wilmar Investment Holdings
- New Zealand Coal & Carbon
- ICICI Bank Limited - India
- White Energy Company Limited
- Oldendorff Carriers - Singapore
- TeaM Sual Corporation - Philippines
- SN Aboitiz Power Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- San Jose City I Power Corp, Philippines
- Power Finance Corporation Ltd., India
- TNB Fuel Sdn Bhd - Malaysia
- Straits Asia Resources Limited - Singapore
- London Commodity Brokers - England
- Simpson Spence & Young - Indonesia
- MS Steel International - UAE
- PTC India Limited - India
- GAC Shipping (India) Pvt Ltd
- Coastal Gujarat Power Limited - India
- Uttam Galva Steels Limited - India
- Ministry of Finance - Indonesia
- Mercuria Energy - Indonesia
- Minerals Council of Australia
- Cigading International Bulk Terminal - Indonesia
- Dalmia Cement Bharat India
- Thiess Contractors Indonesia
- Meenaskhi Energy Private Limited - India
- Bukit Baiduri Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Karbindo Abesyapradhi - Indoneisa
- Pendopo Energi Batubara - Indonesia
- Jindal Steel & Power Ltd - India
- Siam City Cement PLC, Thailand
- CIMB Investment Bank - Malaysia
- GMR Energy Limited - India
- Videocon Industries ltd - India
- Salva Resources Pvt Ltd - India
- Ambuja Cements Ltd - India
- Timah Investasi Mineral - Indoneisa
- Vedanta Resources Plc - India
- Chamber of Mines of South Africa
- Coal and Oil Company - UAE
- IHS Mccloskey Coal Group - USA
- Bayan Resources Tbk. - Indonesia
- Deloitte Consulting - India
- Madhucon Powers Ltd - India
- Cement Manufacturers Association - India
- Bukit Asam (Persero) Tbk - Indonesia
- Independent Power Producers Association of India
- Global Green Power PLC Corporation, Philippines
- Australian Commodity Traders Exchange
- Kideco Jaya Agung - Indonesia
- Parry Sugars Refinery, India
- Kepco SPC Power Corporation, Philippines
- Altura Mining Limited, Indonesia
- Toyota Tsusho Corporation, Japan
- Kumho Petrochemical, South Korea
- Africa Commodities Group - South Africa
- GVK Power & Infra Limited - India
- Leighton Contractors Pty Ltd - Australia
- Agrawal Coal Company - India
- Sindya Power Generating Company Private Ltd
- Energy Development Corp, Philippines
- Siam City Cement - Thailand
- Merrill Lynch Commodities Europe
- Globalindo Alam Lestari - Indonesia
- Lanco Infratech Ltd - India
- Port Waratah Coal Services - Australia
- Kohat Cement Company Ltd. - Pakistan
- Rashtriya Ispat Nigam Limited - India
- The State Trading Corporation of India Ltd
- Aboitiz Power Corporation - Philippines
- Malabar Cements Ltd - India
- Indogreen Group - Indonesia
- South Luzon Thermal Energy Corporation
- Holcim Trading Pte Ltd - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Economic Council, Georgia
- Krishnapatnam Port Company Ltd. - India
- Neyveli Lignite Corporation Ltd, - India
- Bahari Cakrawala Sebuku - Indonesia
- Attock Cement Pakistan Limited
- Karaikal Port Pvt Ltd - India
- The Treasury - Australian Government
- International Coal Ventures Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- CNBM International Corporation - China
- Central Java Power - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Bhushan Steel Limited - India
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