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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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Monday, 11 October 10
INDONESIAN POWER PLANTS AND OTHER INDUSTRIES TO BURN 78.97 MLN TONS OF COAL IN 2011
COALspot.com: The Minister of Energy and Mineral Resources of Indonesia has issued a ministerial degree 2360 K/30/MEM/ 2010 related to Domestic mark ...
Monday, 11 October 10
COAL IMPORTS TO START IN 2015 - VIETNAM BUSINESS
Vietnam Business reported that, Viet Nam is now likely to import coal only from 2015, not 2013 as earlier forecast since many thermal power pl ...
Monday, 11 October 10
OCTOBER INDONESIAN COAL PRICE REFERENCE UP BY 2.92 PERCENT
COALspot.com: The Directorate General of Mineral, Coal and Geothermal of Indonesia has been publishing a monthly coal price reference (HBA) since Fe ...
Saturday, 09 October 10
MPPGCL SEEKS TO BUY 0.40 MLN MT OF COAL FOR ITS THERMAL POWER STATIONS
COALspot.com: India's Madhya Pradesh Generating Company Limited (MPPGCL), Jabalpur, Madhya Pradesh invites bidders through tender 07-03/Import/Coal ...
Saturday, 09 October 10
FREIGHT MARKET IS EXPECTED TO FIRM UP NEXT WEEK CAPT REDDY
COALspot.com: Inspite of Chinese holidays the BDI was up by 10 pct and closed at 2,696 points. The cape index shot up to 20 pct and closed at 4,076 ...
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- Gujarat Sidhee Cement - India
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- Agrawal Coal Company - India
- Ministry of Mines - Canada
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- Anglo American - United Kingdom
- Alfred C Toepfer International GmbH - Germany
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Bukit Makmur.PT - Indonesia
- LBH Netherlands Bv - Netherlands
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- Bank of Tokyo Mitsubishi UFJ Ltd
- Carbofer General Trading SA - India
- Heidelberg Cement - Germany
- Indian Oil Corporation Limited
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- Australian Coal Association
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- Larsen & Toubro Limited - India
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- Bahari Cakrawala Sebuku - Indonesia
- Medco Energi Mining Internasional
- Aditya Birla Group - India
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- Romanian Commodities Exchange
- IEA Clean Coal Centre - UK
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- Merrill Lynch Commodities Europe
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- European Bulk Services B.V. - Netherlands
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- Globalindo Alam Lestari - Indonesia
- GVK Power & Infra Limited - India
- Jindal Steel & Power Ltd - India
- Billiton Holdings Pty Ltd - Australia
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- Mintek Dendrill Indonesia
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- SMC Global Power, Philippines
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- Sinarmas Energy and Mining - Indonesia
- Grasim Industreis Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- ICICI Bank Limited - India
- Trasteel International SA, Italy
- Barasentosa Lestari - Indonesia
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- Kapuas Tunggal Persada - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- Mercuria Energy - Indonesia
- Georgia Ports Authority, United States
- Jorong Barutama Greston.PT - Indonesia
- Bhoruka Overseas - Indonesia
- Pendopo Energi Batubara - Indonesia
- Rio Tinto Coal - Australia
- McConnell Dowell - Australia
- Bhushan Steel Limited - India
- Indogreen Group - Indonesia
- Mjunction Services Limited - India
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- Petron Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Kaltim Prima Coal - Indonesia
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- Eastern Coal Council - USA
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- Krishnapatnam Port Company Ltd. - India
- Edison Trading Spa - Italy
- Leighton Contractors Pty Ltd - Australia
- Timah Investasi Mineral - Indoneisa
- Kepco SPC Power Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- SMG Consultants - Indonesia
- Kartika Selabumi Mining - Indonesia
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- Renaissance Capital - South Africa
- GAC Shipping (India) Pvt Ltd
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- Therma Luzon, Inc, Philippines
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- Port Waratah Coal Services - Australia
- Siam City Cement - Thailand
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- Maharashtra Electricity Regulatory Commission - India
- Orica Mining Services - Indonesia
- The Treasury - Australian Government
- Directorate Of Revenue Intelligence - India
- India Bulls Power Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Standard Chartered Bank - UAE
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- Wilmar Investment Holdings
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- Economic Council, Georgia
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- Electricity Generating Authority of Thailand
- Parliament of New Zealand
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- Minerals Council of Australia
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- Eastern Energy - Thailand
- Planning Commission, India
- Dalmia Cement Bharat India
- Kumho Petrochemical, South Korea
- Videocon Industries ltd - India
- AsiaOL BioFuels Corp., Philippines
- TNB Fuel Sdn Bhd - Malaysia
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- Energy Link Ltd, New Zealand
- Toyota Tsusho Corporation, Japan
- Ministry of Transport, Egypt
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- Africa Commodities Group - South Africa
- Coal and Oil Company - UAE
- Interocean Group of Companies - India
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