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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, 23 August 10
NOBLE RESOURCES AND PAN ASIA INK MAJOR COAL DEAL
Pan Asia Corporation Limited has, via Innovation West Pty Ltd, entered into a binding coal purchase & finance agreement with Noble Resources Pte ...
Monday, 23 August 10
THE FREIGHT MARKET IS EXPECTED TO BE FIRM FOR NEXT COUPLE OF WEEKS - VISTAAR SINGAPORE
COALspot.com: The BDI continued to rise this week by 11.67 pct with the other sectors also keeping the moment. The cape size index also was up by 11 ...
Friday, 20 August 10
JAKARTA TO HOST 9TH ASIA PACIFIC MINING CONFERENCE AND EXHIBITION IN OCTOBER
ASEAN Federation of Mining Association (AFMA), an association of mining groups in Southeast Asia, will hold the 9th Asia Pacific Mining Conference a ...
Friday, 20 August 10
OVERSEAS AND GENERAL SUBSIDIARY INKS US$52M JONGKANG COAL SALES CONTRACT - PROACTIVE INVESTORS
Proactive Investors reported that, overseas and General (ASX: OGL) has reported that its Indonesian majority owned subsidiary, PT OGL Indotrade, has ...
Friday, 20 August 10
POWER COS SEEK MINING PARTNERS TO BID FOR 1,920-MW PROJECT
"A joint venture between the Maharashtra and Tamil Nadu governments for a pit-head power project, has been allotted the biggest coal block yet ...
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- ASAPP Information Group - India
- Coastal Gujarat Power Limited - India
- London Commodity Brokers - England
- Antam Resourcindo - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Georgia Ports Authority, United States
- Meralco Power Generation, Philippines
- Simpson Spence & Young - Indonesia
- Africa Commodities Group - South Africa
- Sarangani Energy Corporation, Philippines
- Uttam Galva Steels Limited - India
- Bhoruka Overseas - Indonesia
- CIMB Investment Bank - Malaysia
- IEA Clean Coal Centre - UK
- Goldman Sachs - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Asmin Koalindo Tuhup - Indonesia
- Price Waterhouse Coopers - Russia
- Pendopo Energi Batubara - Indonesia
- Wilmar Investment Holdings
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- Heidelberg Cement - Germany
- Ministry of Finance - Indonesia
- LBH Netherlands Bv - Netherlands
- Sical Logistics Limited - India
- Toyota Tsusho Corporation, Japan
- Sree Jayajothi Cements Limited - India
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- Manunggal Multi Energi - Indonesia
- Bayan Resources Tbk. - Indonesia
- Metalloyd Limited - United Kingdom
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- McConnell Dowell - Australia
- Anglo American - United Kingdom
- Maheswari Brothers Coal Limited - India
- Energy Development Corp, Philippines
- Posco Energy - South Korea
- Orica Australia Pty. Ltd.
- Electricity Generating Authority of Thailand
- GAC Shipping (India) Pvt Ltd
- Standard Chartered Bank - UAE
- Coal and Oil Company - UAE
- Economic Council, Georgia
- Kalimantan Lumbung Energi - Indonesia
- Chamber of Mines of South Africa
- Savvy Resources Ltd - HongKong
- Indian Oil Corporation Limited
- Siam City Cement PLC, Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Green Power PLC Corporation, Philippines
- Salva Resources Pvt Ltd - India
- SMC Global Power, Philippines
- Rashtriya Ispat Nigam Limited - India
- Bulk Trading Sa - Switzerland
- AsiaOL BioFuels Corp., Philippines
- Eastern Coal Council - USA
- Marubeni Corporation - India
- Coalindo Energy - Indonesia
- Lanco Infratech Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Eastern Energy - Thailand
- Ind-Barath Power Infra Limited - India
- Port Waratah Coal Services - Australia
- SN Aboitiz Power Inc, Philippines
- Straits Asia Resources Limited - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Indonesian Coal Mining Association
- Carbofer General Trading SA - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Vedanta Resources Plc - India
- Kepco SPC Power Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Videocon Industries ltd - India
- Latin American Coal - Colombia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bharathi Cement Corporation - India
- Bukit Makmur.PT - Indonesia
- Billiton Holdings Pty Ltd - Australia
- The State Trading Corporation of India Ltd
- Indika Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Vizag Seaport Private Limited - India
- Indo Tambangraya Megah - Indonesia
- Iligan Light & Power Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Grasim Industreis Ltd - India
- Indogreen Group - Indonesia
- Jaiprakash Power Ventures ltd
- European Bulk Services B.V. - Netherlands
- Global Coal Blending Company Limited - Australia
- Parliament of New Zealand
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- Formosa Plastics Group - Taiwan
- Jorong Barutama Greston.PT - Indonesia
- Power Finance Corporation Ltd., India
- Minerals Council of Australia
- PNOC Exploration Corporation - Philippines
- Bhatia International Limited - India
- Orica Mining Services - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GVK Power & Infra Limited - India
- San Jose City I Power Corp, Philippines
- Baramulti Group, Indonesia
- Makarim & Taira - Indonesia
- Samtan Co., Ltd - South Korea
- Petron Corporation, Philippines
- PowerSource Philippines DevCo
- Petrochimia International Co. Ltd.- Taiwan
- Mercator Lines Limited - India
- Aboitiz Power Corporation - Philippines
- Thai Mozambique Logistica
- Thiess Contractors Indonesia
- Kartika Selabumi Mining - Indonesia
- CNBM International Corporation - China
- Tamil Nadu electricity Board
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- Kaltim Prima Coal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Chettinad Cement Corporation Ltd - India
- Agrawal Coal Company - India
- Oldendorff Carriers - Singapore
- Ambuja Cements Ltd - India
- Binh Thuan Hamico - Vietnam
- Deloitte Consulting - India
- Miang Besar Coal Terminal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Intertek Mineral Services - Indonesia
- Edison Trading Spa - Italy
- Larsen & Toubro Limited - India
- Banpu Public Company Limited - Thailand
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- Central Java Power - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Indian Energy Exchange, India
- Neyveli Lignite Corporation Ltd, - India
- The Treasury - Australian Government
- Attock Cement Pakistan Limited
- Gujarat Mineral Development Corp Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Krishnapatnam Port Company Ltd. - India
- White Energy Company Limited
- Medco Energi Mining Internasional
- Interocean Group of Companies - India
- Mercuria Energy - Indonesia
- Global Business Power Corporation, Philippines
- Parry Sugars Refinery, India
- GMR Energy Limited - India
- VISA Power Limited - India
- Tata Chemicals Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Renaissance Capital - South Africa
- Xindia Steels Limited - India
- Madhucon Powers Ltd - India
- PTC India Limited - India
- Merrill Lynch Commodities Europe
- Rio Tinto Coal - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Romanian Commodities Exchange
- Ministry of Transport, Egypt
- Essar Steel Hazira Ltd - India
- TeaM Sual Corporation - Philippines
- Cement Manufacturers Association - India
- Singapore Mercantile Exchange
- Cigading International Bulk Terminal - Indonesia
- Australian Commodity Traders Exchange
- Globalindo Alam Lestari - Indonesia
- Kumho Petrochemical, South Korea
- OPG Power Generation Pvt Ltd - India
- Star Paper Mills Limited - India
- Sindya Power Generating Company Private Ltd
- Borneo Indobara - Indonesia
- Energy Link Ltd, New Zealand
- Altura Mining Limited, Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Wood Mackenzie - Singapore
- New Zealand Coal & Carbon
- IHS Mccloskey Coal Group - USA
- Malabar Cements Ltd - India
- Dalmia Cement Bharat India
- Ceylon Electricity Board - Sri Lanka
- Semirara Mining and Power Corporation, Philippines
- Bangladesh Power Developement Board
- Directorate Of Revenue Intelligence - India
- Independent Power Producers Association of India
- Siam City Cement - Thailand
- Ministry of Mines - Canada
- Leighton Contractors Pty Ltd - Australia
- Kobexindo Tractors - Indoneisa
- India Bulls Power Limited - India
- Mintek Dendrill Indonesia
- Semirara Mining Corp, Philippines
- SMG Consultants - Indonesia
- International Coal Ventures Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Sakthi Sugars Limited - India
- Gujarat Sidhee Cement - India
- Australian Coal Association
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- Riau Bara Harum - Indonesia
- ICICI Bank Limited - India
- MS Steel International - UAE
- Planning Commission, India
- Trasteel International SA, Italy
- Bukit Baiduri Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- The University of Queensland
- Electricity Authority, New Zealand
- Barasentosa Lestari - Indonesia
- Therma Luzon, Inc, Philippines
- Mjunction Services Limited - India
- Commonwealth Bank - Australia
- South Luzon Thermal Energy Corporation
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