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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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Friday, 06 August 10
KRISHNAPATNAM PORT WINS NON MAJOR PORT AWARD 2ND TIME IN A ROW
COAlspot.com ( Press Release) Krishnapatnam Port, the world-class port on the Indian horizon, took the top honors for the second time in a row, in t ...
Friday, 06 August 10
POLANDS KOPEX GROUP DEVELOPS COAL MINE IN INDONESIA
Polishmarket reported that, Polish mining concern Kopex Group, , is to build the first in Indonesia mechanised underground coal mine. The group is c ...
Thursday, 05 August 10
MORATORIUM MAY HURT NEW PROJECTS: MINING GROUP
The government’s proposed two-year moratorium on issuing new concessions to convert forests and peatlands to other uses may hinder new mining ...
Thursday, 05 August 10
IRON ORE EXPORT BAN COMPOUNDS PROBLEMS OF INDUSTRY - BUSINESS STANDARD
Forex loss of Rs 300 crore (US$ 65.63 million) ; truckers, ports, Railways bear the brunt
The Karnataka government’s move to ban the export ...
Thursday, 05 August 10
DRY BULK LOOKING TO CHINA FOR A NEW RALLY, BUT INDIA COULD BE THIS YEAR'S SURPRISE
The dry bulk market’s rebound has hit a “wall” this week, with the industry’s benchmark, the BDI (Baltic Dry Index) ending i ...
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- SMG Consultants - Indonesia
- Essar Steel Hazira Ltd - India
- Parliament of New Zealand
- Sindya Power Generating Company Private Ltd
- Mintek Dendrill Indonesia
- Meenaskhi Energy Private Limited - India
- Bangladesh Power Developement Board
- Salva Resources Pvt Ltd - India
- Tata Chemicals Ltd - India
- Petron Corporation, Philippines
- Orica Mining Services - Indonesia
- Wood Mackenzie - Singapore
- Planning Commission, India
- Eastern Energy - Thailand
- Eastern Coal Council - USA
- Bukit Baiduri Energy - Indonesia
- Economic Council, Georgia
- Kumho Petrochemical, South Korea
- Medco Energi Mining Internasional
- Grasim Industreis Ltd - India
- Ministry of Transport, Egypt
- TeaM Sual Corporation - Philippines
- Indian Energy Exchange, India
- Jaiprakash Power Ventures ltd
- Commonwealth Bank - Australia
- Thai Mozambique Logistica
- Vizag Seaport Private Limited - India
- Riau Bara Harum - Indonesia
- International Coal Ventures Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Kobexindo Tractors - Indoneisa
- Independent Power Producers Association of India
- Edison Trading Spa - Italy
- GVK Power & Infra Limited - India
- Ministry of Mines - Canada
- Oldendorff Carriers - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Videocon Industries ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Kapuas Tunggal Persada - Indonesia
- PowerSource Philippines DevCo
- Sakthi Sugars Limited - India
- Dalmia Cement Bharat India
- Karbindo Abesyapradhi - Indoneisa
- Indian Oil Corporation Limited
- Banpu Public Company Limited - Thailand
- Aboitiz Power Corporation - Philippines
- Ind-Barath Power Infra Limited - India
- Australian Commodity Traders Exchange
- Parry Sugars Refinery, India
- Thiess Contractors Indonesia
- Maheswari Brothers Coal Limited - India
- London Commodity Brokers - England
- Bharathi Cement Corporation - India
- Pendopo Energi Batubara - Indonesia
- Mercator Lines Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Kepco SPC Power Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Energy Link Ltd, New Zealand
- Indo Tambangraya Megah - Indonesia
- AsiaOL BioFuels Corp., Philippines
- White Energy Company Limited
- The University of Queensland
- Orica Australia Pty. Ltd.
- Central Electricity Authority - India
- Billiton Holdings Pty Ltd - Australia
- Global Coal Blending Company Limited - Australia
- Chamber of Mines of South Africa
- Iligan Light & Power Inc, Philippines
- Attock Cement Pakistan Limited
- Vedanta Resources Plc - India
- GAC Shipping (India) Pvt Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Holcim Trading Pte Ltd - Singapore
- Global Green Power PLC Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Bhushan Steel Limited - India
- Agrawal Coal Company - India
- IEA Clean Coal Centre - UK
- Straits Asia Resources Limited - Singapore
- Malabar Cements Ltd - India
- Rio Tinto Coal - Australia
- Price Waterhouse Coopers - Russia
- Bulk Trading Sa - Switzerland
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indonesian Coal Mining Association
- Kaltim Prima Coal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Gujarat Electricity Regulatory Commission - India
- Savvy Resources Ltd - HongKong
- Altura Mining Limited, Indonesia
- Rashtriya Ispat Nigam Limited - India
- Sarangani Energy Corporation, Philippines
- Makarim & Taira - Indonesia
- Timah Investasi Mineral - Indoneisa
- Renaissance Capital - South Africa
- Alfred C Toepfer International GmbH - Germany
- Mjunction Services Limited - India
- Indika Energy - Indonesia
- Energy Development Corp, Philippines
- Global Business Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Toyota Tsusho Corporation, Japan
- Asmin Koalindo Tuhup - Indonesia
- Goldman Sachs - Singapore
- Bhoruka Overseas - Indonesia
- Siam City Cement PLC, Thailand
- Therma Luzon, Inc, Philippines
- Barasentosa Lestari - Indonesia
- The Treasury - Australian Government
- Semirara Mining Corp, Philippines
- Miang Besar Coal Terminal - Indonesia
- Posco Energy - South Korea
- Larsen & Toubro Limited - India
- Intertek Mineral Services - Indonesia
- Cigading International Bulk Terminal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Chettinad Cement Corporation Ltd - India
- Gujarat Sidhee Cement - India
- Leighton Contractors Pty Ltd - Australia
- Carbofer General Trading SA - India
- Metalloyd Limited - United Kingdom
- Pipit Mutiara Jaya. PT, Indonesia
- Coastal Gujarat Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Central Java Power - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- GN Power Mariveles Coal Plant, Philippines
- European Bulk Services B.V. - Netherlands
- MS Steel International - UAE
- Sojitz Corporation - Japan
- Coalindo Energy - Indonesia
- Ministry of Finance - Indonesia
- Formosa Plastics Group - Taiwan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Meralco Power Generation, Philippines
- Port Waratah Coal Services - Australia
- Africa Commodities Group - South Africa
- Vijayanagar Sugar Pvt Ltd - India
- Xindia Steels Limited - India
- Bhatia International Limited - India
- Manunggal Multi Energi - Indonesia
- New Zealand Coal & Carbon
- Electricity Generating Authority of Thailand
- Georgia Ports Authority, United States
- India Bulls Power Limited - India
- Anglo American - United Kingdom
- Directorate General of MIneral and Coal - Indonesia
- Sical Logistics Limited - India
- Directorate Of Revenue Intelligence - India
- Bukit Asam (Persero) Tbk - Indonesia
- Marubeni Corporation - India
- Deloitte Consulting - India
- Coal and Oil Company - UAE
- Kartika Selabumi Mining - Indonesia
- Karaikal Port Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- ICICI Bank Limited - India
- Kideco Jaya Agung - Indonesia
- Trasteel International SA, Italy
- Madhucon Powers Ltd - India
- Borneo Indobara - Indonesia
- Cement Manufacturers Association - India
- Interocean Group of Companies - India
- Bayan Resources Tbk. - Indonesia
- Power Finance Corporation Ltd., India
- Uttam Galva Steels Limited - India
- Sree Jayajothi Cements Limited - India
- LBH Netherlands Bv - Netherlands
- Indogreen Group - Indonesia
- Simpson Spence & Young - Indonesia
- GMR Energy Limited - India
- Star Paper Mills Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Merrill Lynch Commodities Europe
- Tamil Nadu electricity Board
- South Luzon Thermal Energy Corporation
- Binh Thuan Hamico - Vietnam
- Ambuja Cements Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Siam City Cement - Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- McConnell Dowell - Australia
- Lanco Infratech Ltd - India
- Romanian Commodities Exchange
- Globalindo Alam Lestari - Indonesia
- The State Trading Corporation of India Ltd
- ASAPP Information Group - India
- Mercuria Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Standard Chartered Bank - UAE
- Singapore Mercantile Exchange
- Krishnapatnam Port Company Ltd. - India
- Aditya Birla Group - India
- Heidelberg Cement - Germany
- VISA Power Limited - India
- Minerals Council of Australia
- SN Aboitiz Power Inc, Philippines
- Wilmar Investment Holdings
- Semirara Mining and Power Corporation, Philippines
- Antam Resourcindo - Indonesia
- PTC India Limited - India
- Jindal Steel & Power Ltd - India
- Baramulti Group, Indonesia
- Latin American Coal - Colombia
- SMC Global Power, Philippines
- Bukit Makmur.PT - Indonesia
- CNBM International Corporation - China
- CIMB Investment Bank - Malaysia
- Electricity Authority, New Zealand
- Sinarmas Energy and Mining - Indonesia
- Australian Coal Association
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