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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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Saturday, 19 June 10
STRONG DEMAND, RISING PRODUCTION SETTING SCENE FOR COAL BONANZA - THE JAKARTA GLOBE
The Jakarta globe rerported that, As the nation’s coal miners enjoy burgeoning demand from energy-hungry economies such as China and India, th ...
Saturday, 19 June 10
DRY BULK MARKET DOWN ON CHINESE SLOWDOWN FEARS
Dry bulk freight rates have been on a freefall for more than two weeks now, something which has caused the industry’s benchmark, the Baltic Dr ...
Saturday, 19 June 10
COAL INDIA KEEN ON BLOCK DEVELOPMENT IN INDONESIA - THE HINDU BUSINESS LINE
Expanding horizon
Agreement by the Indonesian Government is likely to help CIL gain foothold in India's largest sourcing point of thermal coal.
...
Friday, 18 June 10
THE PANAMAX MARKET CONTINUED ITS SOFTENING TREND - FEARNBULK
Handy
Flat Atlantic markets with most markets in ´slow mode´ due to holidays in China.
Supramax vessels open in the USG are achievi ...
Thursday, 17 June 10
INDONESIAN COAL PRICE REFERENCE FOR JUNE IS US$ 97.22/TON UP 5.59 PERCENT
COALspot.com: The directorate general of mineral, coal and geothermal of Indonesia has been publishing a monthly coal price reference (HBA) to be us ...
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- Simpson Spence & Young - Indonesia
- Indogreen Group - Indonesia
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- Thiess Contractors Indonesia
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- Alfred C Toepfer International GmbH - Germany
- Georgia Ports Authority, United States
- Bhatia International Limited - India
- LBH Netherlands Bv - Netherlands
- Energy Link Ltd, New Zealand
- Larsen & Toubro Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Petron Corporation, Philippines
- Deloitte Consulting - India
- Timah Investasi Mineral - Indoneisa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Parliament of New Zealand
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- SMC Global Power, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sakthi Sugars Limited - India
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- Indonesian Coal Mining Association
- Asmin Koalindo Tuhup - Indonesia
- Siam City Cement - Thailand
- Sree Jayajothi Cements Limited - India
- Global Coal Blending Company Limited - Australia
- Economic Council, Georgia
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- Salva Resources Pvt Ltd - India
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- Indian Oil Corporation Limited
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- Attock Cement Pakistan Limited
- Pendopo Energi Batubara - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- TNB Fuel Sdn Bhd - Malaysia
- Sinarmas Energy and Mining - Indonesia
- The University of Queensland
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- Malabar Cements Ltd - India
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- Antam Resourcindo - Indonesia
- San Jose City I Power Corp, Philippines
- Sojitz Corporation - Japan
- Interocean Group of Companies - India
- PTC India Limited - India
- Latin American Coal - Colombia
- IHS Mccloskey Coal Group - USA
- Ministry of Mines - Canada
- IEA Clean Coal Centre - UK
- Globalindo Alam Lestari - Indonesia
- OPG Power Generation Pvt Ltd - India
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- Bulk Trading Sa - Switzerland
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- Karaikal Port Pvt Ltd - India
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- Bangladesh Power Developement Board
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- Vizag Seaport Private Limited - India
- Kaltim Prima Coal - Indonesia
- Central Java Power - Indonesia
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- Ministry of Transport, Egypt
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- Formosa Plastics Group - Taiwan
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- Star Paper Mills Limited - India
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- Kobexindo Tractors - Indoneisa
- Semirara Mining Corp, Philippines
- Wood Mackenzie - Singapore
- Minerals Council of Australia
- Orica Australia Pty. Ltd.
- Eastern Energy - Thailand
- Gujarat Sidhee Cement - India
- Bayan Resources Tbk. - Indonesia
- TeaM Sual Corporation - Philippines
- Wilmar Investment Holdings
- SMG Consultants - Indonesia
- Straits Asia Resources Limited - Singapore
- Coal and Oil Company - UAE
- Kapuas Tunggal Persada - Indonesia
- Maheswari Brothers Coal Limited - India
- CIMB Investment Bank - Malaysia
- GAC Shipping (India) Pvt Ltd
- Kepco SPC Power Corporation, Philippines
- Australian Commodity Traders Exchange
- Port Waratah Coal Services - Australia
- Billiton Holdings Pty Ltd - Australia
- Thai Mozambique Logistica
- New Zealand Coal & Carbon
- Posco Energy - South Korea
- Parry Sugars Refinery, India
- Price Waterhouse Coopers - Russia
- Samtan Co., Ltd - South Korea
- Sarangani Energy Corporation, Philippines
- Singapore Mercantile Exchange
- Savvy Resources Ltd - HongKong
- Pipit Mutiara Jaya. PT, Indonesia
- Electricity Authority, New Zealand
- Merrill Lynch Commodities Europe
- Directorate Of Revenue Intelligence - India
- South Luzon Thermal Energy Corporation
- Anglo American - United Kingdom
- Medco Energi Mining Internasional
- Orica Mining Services - Indonesia
- Rio Tinto Coal - Australia
- Indian Energy Exchange, India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Power Finance Corporation Ltd., India
- India Bulls Power Limited - India
- ICICI Bank Limited - India
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- Meralco Power Generation, Philippines
- European Bulk Services B.V. - Netherlands
- Rashtriya Ispat Nigam Limited - India
- Africa Commodities Group - South Africa
- Energy Development Corp, Philippines
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- Maharashtra Electricity Regulatory Commission - India
- Tata Chemicals Ltd - India
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- SN Aboitiz Power Inc, Philippines
- Planning Commission, India
- The State Trading Corporation of India Ltd
- Kumho Petrochemical, South Korea
- Essar Steel Hazira Ltd - India
- The Treasury - Australian Government
- VISA Power Limited - India
- Gujarat Electricity Regulatory Commission - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Chamber of Mines of South Africa
- Baramulti Group, Indonesia
- Semirara Mining and Power Corporation, Philippines
- Videocon Industries ltd - India
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- Independent Power Producers Association of India
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- Barasentosa Lestari - Indonesia
- Jaiprakash Power Ventures ltd
- Commonwealth Bank - Australia
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- Carbofer General Trading SA - India
- Edison Trading Spa - Italy
- Dalmia Cement Bharat India
- AsiaOL BioFuels Corp., Philippines
- Banpu Public Company Limited - Thailand
- Cigading International Bulk Terminal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Eastern Coal Council - USA
- Indika Energy - Indonesia
- Trasteel International SA, Italy
- Standard Chartered Bank - UAE
- Chettinad Cement Corporation Ltd - India
- Siam City Cement PLC, Thailand
- Jindal Steel & Power Ltd - India
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- Heidelberg Cement - Germany
- Sindya Power Generating Company Private Ltd
- Australian Coal Association
- Sical Logistics Limited - India
- Manunggal Multi Energi - Indonesia
- Bhushan Steel Limited - India
- London Commodity Brokers - England
- Gujarat Mineral Development Corp Ltd - India
- Mercator Lines Limited - India
- PowerSource Philippines DevCo
- Bukit Baiduri Energy - Indonesia
- Altura Mining Limited, Indonesia
- Mjunction Services Limited - India
- Agrawal Coal Company - India
- Ceylon Electricity Board - Sri Lanka
- Miang Besar Coal Terminal - Indonesia
- Electricity Generating Authority of Thailand
- Directorate General of MIneral and Coal - Indonesia
- Vedanta Resources Plc - India
- Therma Luzon, Inc, Philippines
- Romanian Commodities Exchange
- Kohat Cement Company Ltd. - Pakistan
- Metalloyd Limited - United Kingdom
- Mintek Dendrill Indonesia
- Global Business Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Bukit Makmur.PT - Indonesia
- Coastal Gujarat Power Limited - India
- Bhoruka Overseas - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Aboitiz Power Corporation - Philippines
- Kideco Jaya Agung - Indonesia
- Oldendorff Carriers - Singapore
- Intertek Mineral Services - Indonesia
- Kartika Selabumi Mining - Indonesia
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