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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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Tuesday, 01 June 10
LANCO INFRATECH PLANS POWER PROJECTS IN COASTAL REGIONS
My digital reported that, Hyderabad-based Lanco Infratech will set up power projects in coastal regions based on imported coal. The company is ...
Monday, 31 May 10
NEWCASTLE WEEKLY EXPORTS RISE; SHIP QUEUE SHORTENS
Business week reported that, Coal shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel used in powe ...
Saturday, 29 May 10
FREIGHT MARKET SEEMS TO BE STABILIZING - CAPT. REDDY
COALspot.com: The week was clearly for Cape which went up by almost 21 pct . The BDI was up only by 6 pct.
The other sectors were under pressure ...
Friday, 28 May 10
BERAU COAL GROUP SEEKS US$ 700 M LOAN
PT Bukit Mutiara has decided to revise down its bond issue from US$600 million to US$400 million. In total, it is seeking US$700 million of debt, co ...
Friday, 28 May 10
CHINESE BAN TO HIT INDIAN IRON ORE EXPORTS
Nearly half of India's iron ore exports to China are in serious danger of being wiped out. The local government has imposed a ban on import of low ...
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- VISA Power Limited - India
- Central Electricity Authority - India
- Parliament of New Zealand
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- TNB Fuel Sdn Bhd - Malaysia
- Rashtriya Ispat Nigam Limited - India
- Miang Besar Coal Terminal - Indonesia
- Indonesian Coal Mining Association
- Maheswari Brothers Coal Limited - India
- Commonwealth Bank - Australia
- Bhoruka Overseas - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Indian Oil Corporation Limited
- Bulk Trading Sa - Switzerland
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- Banpu Public Company Limited - Thailand
- Baramulti Group, Indonesia
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- Leighton Contractors Pty Ltd - Australia
- Petron Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Bayan Resources Tbk. - Indonesia
- Tata Chemicals Ltd - India
- CNBM International Corporation - China
- Lanco Infratech Ltd - India
- Binh Thuan Hamico - Vietnam
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- Ceylon Electricity Board - Sri Lanka
- Aditya Birla Group - India
- Thai Mozambique Logistica
- Asmin Koalindo Tuhup - Indonesia
- Antam Resourcindo - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
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- Bahari Cakrawala Sebuku - Indonesia
- Sical Logistics Limited - India
- Interocean Group of Companies - India
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- LBH Netherlands Bv - Netherlands
- Essar Steel Hazira Ltd - India
- Minerals Council of Australia
- Sarangani Energy Corporation, Philippines
- Coalindo Energy - Indonesia
- Sojitz Corporation - Japan
- Australian Coal Association
- Bhatia International Limited - India
- Economic Council, Georgia
- Merrill Lynch Commodities Europe
- Wood Mackenzie - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Rio Tinto Coal - Australia
- Oldendorff Carriers - Singapore
- IEA Clean Coal Centre - UK
- Savvy Resources Ltd - HongKong
- Electricity Authority, New Zealand
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- Energy Link Ltd, New Zealand
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- Larsen & Toubro Limited - India
- New Zealand Coal & Carbon
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- Energy Development Corp, Philippines
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- Electricity Generating Authority of Thailand
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- Formosa Plastics Group - Taiwan
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- Thiess Contractors Indonesia
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- Videocon Industries ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Toyota Tsusho Corporation, Japan
- ASAPP Information Group - India
- PNOC Exploration Corporation - Philippines
- Jindal Steel & Power Ltd - India
- Romanian Commodities Exchange
- Latin American Coal - Colombia
- IHS Mccloskey Coal Group - USA
- Bharathi Cement Corporation - India
- Goldman Sachs - Singapore
- Intertek Mineral Services - Indonesia
- Directorate Of Revenue Intelligence - India
- Sindya Power Generating Company Private Ltd
- Marubeni Corporation - India
- Semirara Mining and Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- India Bulls Power Limited - India
- The State Trading Corporation of India Ltd
- GVK Power & Infra Limited - India
- Mercuria Energy - Indonesia
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- Samtan Co., Ltd - South Korea
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- Trasteel International SA, Italy
- Carbofer General Trading SA - India
- Parry Sugars Refinery, India
- Holcim Trading Pte Ltd - Singapore
- Bhushan Steel Limited - India
- Singapore Mercantile Exchange
- Global Coal Blending Company Limited - Australia
- Anglo American - United Kingdom
- Xindia Steels Limited - India
- Riau Bara Harum - Indonesia
- Ind-Barath Power Infra Limited - India
- Makarim & Taira - Indonesia
- GAC Shipping (India) Pvt Ltd
- Metalloyd Limited - United Kingdom
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- Edison Trading Spa - Italy
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- Semirara Mining Corp, Philippines
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- International Coal Ventures Pvt Ltd - India
- Orica Mining Services - Indonesia
- TeaM Sual Corporation - Philippines
- Australian Commodity Traders Exchange
- ICICI Bank Limited - India
- MS Steel International - UAE
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- Indian Energy Exchange, India
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- Directorate General of MIneral and Coal - Indonesia
- Indo Tambangraya Megah - Indonesia
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- Vedanta Resources Plc - India
- Eastern Energy - Thailand
- Sakthi Sugars Limited - India
- Africa Commodities Group - South Africa
- Bukit Asam (Persero) Tbk - Indonesia
- Wilmar Investment Holdings
- White Energy Company Limited
- Kartika Selabumi Mining - Indonesia
- Meralco Power Generation, Philippines
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Maharashtra Electricity Regulatory Commission - India
- Price Waterhouse Coopers - Russia
- Standard Chartered Bank - UAE
- South Luzon Thermal Energy Corporation
- Sinarmas Energy and Mining - Indonesia
- Aboitiz Power Corporation - Philippines
- Cement Manufacturers Association - India
- Port Waratah Coal Services - Australia
- GN Power Mariveles Coal Plant, Philippines
- Planning Commission, India
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- Siam City Cement - Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- European Bulk Services B.V. - Netherlands
- Siam City Cement PLC, Thailand
- Kepco SPC Power Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- London Commodity Brokers - England
- Independent Power Producers Association of India
- Kohat Cement Company Ltd. - Pakistan
- SMC Global Power, Philippines
- McConnell Dowell - Australia
- Chamber of Mines of South Africa
- GMR Energy Limited - India
- Ministry of Finance - Indonesia
- Barasentosa Lestari - Indonesia
- Ministry of Mines - Canada
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- Vizag Seaport Private Limited - India
- Orica Australia Pty. Ltd.
- Georgia Ports Authority, United States
- Star Paper Mills Limited - India
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- Mintek Dendrill Indonesia
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- Ministry of Transport, Egypt
- Mjunction Services Limited - India
- Salva Resources Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
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- Asia Pacific Energy Resources Ventures Inc, Philippines
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- Bangladesh Power Developement Board
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- Kumho Petrochemical, South Korea
- San Jose City I Power Corp, Philippines
- The University of Queensland
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