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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, 10 June 10
R-POWER, INDONESIA'S SUGICO INK PACT TO ACQUIRE COAL MINES - ECONOMIC TIMES
Economic Times of India reported that, Anil Ambani-owned Reliance Power has signed a share-sale agreement with Indonesia’s Sugico Group to acq ...
Thursday, 10 June 10
PARAMOUNT MINING CORPORATION REPORTS KEY INDONESIAN JV AGREEMENT
Indonesia focussed Paramount Mining Corporation has reported that its Indonesian subsidiary, PT Paramindo, has concluded a Joint Venture Agreem ...
Wednesday, 09 June 10
INDIA, CHINA TO PROP UP THERMAL COAL DEMAND - COMMODITY ONLINE
Commodity Online : Weakness in thermal coal demand in OECD will continue to be offset by growth in demand in India and China. Therefore, the s ...
Tuesday, 08 June 10
TATA POWER LOOKING TO PICK UP STAKE IN OVERSEAS COAL MINES - ECONOMIC TIMES
Economic Times reported that, Tata Power is looking for a strategic stake purchase in coal mines of Indonesia or South Africa to fuel its upcoming 1 ...
Tuesday, 08 June 10
RUSSIA REPORTED A TENFOLD GROWTH IN COAL EXPORTS TO CHINA IN 1Q 2010 - BRS
A retreat for all the dry bulk segments this week, but especially for the Panamax and Supramax markets. The Panamax 4TC remains over US$30,000/day h ...
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- Africa Commodities Group - South Africa
- Bangladesh Power Developement Board
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sindya Power Generating Company Private Ltd
- Antam Resourcindo - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Binh Thuan Hamico - Vietnam
- Ind-Barath Power Infra Limited - India
- Ministry of Transport, Egypt
- Global Business Power Corporation, Philippines
- Borneo Indobara - Indonesia
- Makarim & Taira - Indonesia
- Indogreen Group - Indonesia
- Central Electricity Authority - India
- Lanco Infratech Ltd - India
- GAC Shipping (India) Pvt Ltd
- Riau Bara Harum - Indonesia
- International Coal Ventures Pvt Ltd - India
- Eastern Energy - Thailand
- San Jose City I Power Corp, Philippines
- IEA Clean Coal Centre - UK
- Star Paper Mills Limited - India
- GN Power Mariveles Coal Plant, Philippines
- South Luzon Thermal Energy Corporation
- Economic Council, Georgia
- Aboitiz Power Corporation - Philippines
- Indonesian Coal Mining Association
- Carbofer General Trading SA - India
- Merrill Lynch Commodities Europe
- Globalindo Alam Lestari - Indonesia
- Meralco Power Generation, Philippines
- Bayan Resources Tbk. - Indonesia
- Xindia Steels Limited - India
- Aditya Birla Group - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Sical Logistics Limited - India
- Meenaskhi Energy Private Limited - India
- Planning Commission, India
- Kideco Jaya Agung - Indonesia
- The University of Queensland
- The Treasury - Australian Government
- Indian Energy Exchange, India
- Kumho Petrochemical, South Korea
- Energy Link Ltd, New Zealand
- Karaikal Port Pvt Ltd - India
- Thiess Contractors Indonesia
- Grasim Industreis Ltd - India
- Miang Besar Coal Terminal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Savvy Resources Ltd - HongKong
- Pendopo Energi Batubara - Indonesia
- LBH Netherlands Bv - Netherlands
- Coal and Oil Company - UAE
- Goldman Sachs - Singapore
- Dalmia Cement Bharat India
- Tamil Nadu electricity Board
- Coalindo Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Malabar Cements Ltd - India
- GMR Energy Limited - India
- Kepco SPC Power Corporation, Philippines
- Edison Trading Spa - Italy
- Jindal Steel & Power Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Altura Mining Limited, Indonesia
- Therma Luzon, Inc, Philippines
- Singapore Mercantile Exchange
- Vijayanagar Sugar Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Thai Mozambique Logistica
- Gujarat Electricity Regulatory Commission - India
- Krishnapatnam Port Company Ltd. - India
- Kalimantan Lumbung Energi - Indonesia
- Essar Steel Hazira Ltd - India
- Ministry of Finance - Indonesia
- Banpu Public Company Limited - Thailand
- Formosa Plastics Group - Taiwan
- SMC Global Power, Philippines
- White Energy Company Limited
- Commonwealth Bank - Australia
- Bhushan Steel Limited - India
- Oldendorff Carriers - Singapore
- Australian Commodity Traders Exchange
- Wood Mackenzie - Singapore
- Latin American Coal - Colombia
- Posco Energy - South Korea
- Timah Investasi Mineral - Indoneisa
- Sarangani Energy Corporation, Philippines
- Attock Cement Pakistan Limited
- Rashtriya Ispat Nigam Limited - India
- Siam City Cement - Thailand
- Port Waratah Coal Services - Australia
- Petron Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Australian Coal Association
- Heidelberg Cement - Germany
- Maharashtra Electricity Regulatory Commission - India
- Uttam Galva Steels Limited - India
- Billiton Holdings Pty Ltd - Australia
- Chettinad Cement Corporation Ltd - India
- Price Waterhouse Coopers - Russia
- Ambuja Cements Ltd - India
- Iligan Light & Power Inc, Philippines
- Bukit Makmur.PT - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Power Finance Corporation Ltd., India
- Georgia Ports Authority, United States
- Rio Tinto Coal - Australia
- Gujarat Mineral Development Corp Ltd - India
- London Commodity Brokers - England
- MS Steel International - UAE
- Baramulti Group, Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Agrawal Coal Company - India
- PetroVietnam Power Coal Import and Supply Company
- Mjunction Services Limited - India
- Directorate Of Revenue Intelligence - India
- CNBM International Corporation - China
- Jaiprakash Power Ventures ltd
- Mintek Dendrill Indonesia
- Sojitz Corporation - Japan
- Videocon Industries ltd - India
- Standard Chartered Bank - UAE
- Parliament of New Zealand
- Bulk Trading Sa - Switzerland
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Toyota Tsusho Corporation, Japan
- Electricity Generating Authority of Thailand
- Alfred C Toepfer International GmbH - Germany
- Asmin Koalindo Tuhup - Indonesia
- Vedanta Resources Plc - India
- SN Aboitiz Power Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Bhatia International Limited - India
- Gujarat Sidhee Cement - India
- Manunggal Multi Energi - Indonesia
- Madhucon Powers Ltd - India
- Electricity Authority, New Zealand
- The State Trading Corporation of India Ltd
- Tata Chemicals Ltd - India
- Siam City Cement PLC, Thailand
- OPG Power Generation Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Barasentosa Lestari - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Simpson Spence & Young - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Leighton Contractors Pty Ltd - Australia
- Interocean Group of Companies - India
- Maheswari Brothers Coal Limited - India
- Energy Development Corp, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Deloitte Consulting - India
- Kartika Selabumi Mining - Indonesia
- SMG Consultants - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Trasteel International SA, Italy
- Bahari Cakrawala Sebuku - Indonesia
- Global Green Power PLC Corporation, Philippines
- Medco Energi Mining Internasional
- Eastern Coal Council - USA
- Semirara Mining Corp, Philippines
- ASAPP Information Group - India
- Indika Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Orica Mining Services - Indonesia
- Sree Jayajothi Cements Limited - India
- Marubeni Corporation - India
- Kaltim Prima Coal - Indonesia
- IHS Mccloskey Coal Group - USA
- ICICI Bank Limited - India
- Salva Resources Pvt Ltd - India
- India Bulls Power Limited - India
- Mercuria Energy - Indonesia
- Cement Manufacturers Association - India
- Bharathi Cement Corporation - India
- Chamber of Mines of South Africa
- Ministry of Mines - Canada
- Indian Oil Corporation Limited
- McConnell Dowell - Australia
- Central Java Power - Indonesia
- Bukit Baiduri Energy - Indonesia
- Romanian Commodities Exchange
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- CIMB Investment Bank - Malaysia
- Metalloyd Limited - United Kingdom
- New Zealand Coal & Carbon
- Kohat Cement Company Ltd. - Pakistan
- Coastal Gujarat Power Limited - India
- PNOC Exploration Corporation - Philippines
- Larsen & Toubro Limited - India
- Minerals Council of Australia
- PowerSource Philippines DevCo
- Straits Asia Resources Limited - Singapore
- VISA Power Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Independent Power Producers Association of India
- GVK Power & Infra Limited - India
- Kapuas Tunggal Persada - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Parry Sugars Refinery, India
- Wilmar Investment Holdings
- Anglo American - United Kingdom
- Vizag Seaport Private Limited - India
- Semirara Mining and Power Corporation, Philippines
- Orica Australia Pty. Ltd.
- Sakthi Sugars Limited - India
- Renaissance Capital - South Africa
- Intertek Mineral Services - Indonesia
- European Bulk Services B.V. - Netherlands
- Holcim Trading Pte Ltd - Singapore
- Mercator Lines Limited - India
- PTC India Limited - India
- Kobexindo Tractors - Indoneisa
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