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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, 29 April 10
KANGAROO RESOURCES INKS KEY COAL EXPORT CONTRACT WITH YUDEAN FARNON - PROACTIVE INVESTORS
Proactive Investors reprted that, Kangaroo Resources has secured an initial export sales contract for coal from the company’s operating coal p ...
Wednesday, 28 April 10
UNITED TRACTORS FOCUSES ON MINING AS IT SEEKS TO DIVERSIFY REVENUE SOURCES - JG
The Jakarta globe reported that, PT United Tractors, Indonesia’s biggest heavy-equipment distributor and mining contractor, aims to have its m ...
Wednesday, 28 April 10
DRY BULK MARKET
After a prolonged period of anticipation and a stalled dry bulk market in terms of freight rates, the industry’s benchmark, the Baltic Dry Ind ...
Tuesday, 27 April 10
CAPESIZES UP, PANAMAXES DOWN - BRS
It was Capesizes up, Panamaxes down this week as the latter experienced a correction after its recent gains. Period rates for Panamaxes remain firm ...
Tuesday, 27 April 10
S.KOREA EWP SEEKS 0.520 MILLION TONS OF SUB-BITUMINOUS COAL
COALspot.com: South Korea East West Power Company has called for term bids for supply of Sub-bituminous Coal for Dangjin Thermal Power Pla ...
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- Sarangani Energy Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Cement Manufacturers Association - India
- Binh Thuan Hamico - Vietnam
- Ministry of Finance - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Tamil Nadu electricity Board
- Tata Chemicals Ltd - India
- Formosa Plastics Group - Taiwan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- South Luzon Thermal Energy Corporation
- The State Trading Corporation of India Ltd
- Australian Commodity Traders Exchange
- Kepco SPC Power Corporation, Philippines
- Energy Link Ltd, New Zealand
- CIMB Investment Bank - Malaysia
- Mintek Dendrill Indonesia
- India Bulls Power Limited - India
- Pendopo Energi Batubara - Indonesia
- Meralco Power Generation, Philippines
- Jindal Steel & Power Ltd - India
- IEA Clean Coal Centre - UK
- Neyveli Lignite Corporation Ltd, - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kartika Selabumi Mining - Indonesia
- Makarim & Taira - Indonesia
- Xindia Steels Limited - India
- VISA Power Limited - India
- Orica Australia Pty. Ltd.
- Vizag Seaport Private Limited - India
- Gujarat Electricity Regulatory Commission - India
- Uttam Galva Steels Limited - India
- Intertek Mineral Services - Indonesia
- SMG Consultants - Indonesia
- GVK Power & Infra Limited - India
- Wilmar Investment Holdings
- Indian Oil Corporation Limited
- Madhucon Powers Ltd - India
- Global Business Power Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Kumho Petrochemical, South Korea
- Ceylon Electricity Board - Sri Lanka
- Singapore Mercantile Exchange
- Medco Energi Mining Internasional
- San Jose City I Power Corp, Philippines
- Coalindo Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Altura Mining Limited, Indonesia
- Straits Asia Resources Limited - Singapore
- Orica Mining Services - Indonesia
- Wood Mackenzie - Singapore
- Aditya Birla Group - India
- Sojitz Corporation - Japan
- International Coal Ventures Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Global Green Power PLC Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- The Treasury - Australian Government
- Marubeni Corporation - India
- Africa Commodities Group - South Africa
- Chettinad Cement Corporation Ltd - India
- MS Steel International - UAE
- Price Waterhouse Coopers - Russia
- Therma Luzon, Inc, Philippines
- Directorate Of Revenue Intelligence - India
- Bayan Resources Tbk. - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indo Tambangraya Megah - Indonesia
- Star Paper Mills Limited - India
- Sical Logistics Limited - India
- PNOC Exploration Corporation - Philippines
- Kaltim Prima Coal - Indonesia
- Attock Cement Pakistan Limited
- Gujarat Mineral Development Corp Ltd - India
- Borneo Indobara - Indonesia
- Savvy Resources Ltd - HongKong
- Carbofer General Trading SA - India
- Latin American Coal - Colombia
- Petrochimia International Co. Ltd.- Taiwan
- LBH Netherlands Bv - Netherlands
- Meenaskhi Energy Private Limited - India
- Bulk Trading Sa - Switzerland
- Sindya Power Generating Company Private Ltd
- OPG Power Generation Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Leighton Contractors Pty Ltd - Australia
- Edison Trading Spa - Italy
- Chamber of Mines of South Africa
- Electricity Authority, New Zealand
- Alfred C Toepfer International GmbH - Germany
- Billiton Holdings Pty Ltd - Australia
- Power Finance Corporation Ltd., India
- Coal and Oil Company - UAE
- Minerals Council of Australia
- Semirara Mining and Power Corporation, Philippines
- Petron Corporation, Philippines
- Parry Sugars Refinery, India
- Global Coal Blending Company Limited - Australia
- Videocon Industries ltd - India
- Trasteel International SA, Italy
- Posco Energy - South Korea
- Manunggal Multi Energi - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Larsen & Toubro Limited - India
- Baramulti Group, Indonesia
- Rashtriya Ispat Nigam Limited - India
- Thiess Contractors Indonesia
- Miang Besar Coal Terminal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- ASAPP Information Group - India
- TeaM Sual Corporation - Philippines
- Georgia Ports Authority, United States
- Maheswari Brothers Coal Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Eastern Energy - Thailand
- Cigading International Bulk Terminal - Indonesia
- IHS Mccloskey Coal Group - USA
- Mjunction Services Limited - India
- Aboitiz Power Corporation - Philippines
- Bhushan Steel Limited - India
- PowerSource Philippines DevCo
- Interocean Group of Companies - India
- The University of Queensland
- Siam City Cement - Thailand
- Electricity Generating Authority of Thailand
- Commonwealth Bank - Australia
- Heidelberg Cement - Germany
- Kideco Jaya Agung - Indonesia
- Australian Coal Association
- Grasim Industreis Ltd - India
- Thai Mozambique Logistica
- Antam Resourcindo - Indonesia
- New Zealand Coal & Carbon
- GAC Shipping (India) Pvt Ltd
- Dalmia Cement Bharat India
- Renaissance Capital - South Africa
- McConnell Dowell - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- European Bulk Services B.V. - Netherlands
- Bhatia International Limited - India
- Salva Resources Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Indian Energy Exchange, India
- Metalloyd Limited - United Kingdom
- Ambuja Cements Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Mercuria Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Coastal Gujarat Power Limited - India
- Agrawal Coal Company - India
- Siam City Cement PLC, Thailand
- AsiaOL BioFuels Corp., Philippines
- SMC Global Power, Philippines
- Bangladesh Power Developement Board
- Lanco Infratech Ltd - India
- Essar Steel Hazira Ltd - India
- Vedanta Resources Plc - India
- Barasentosa Lestari - Indonesia
- SN Aboitiz Power Inc, Philippines
- Indonesian Coal Mining Association
- Central Electricity Authority - India
- Vijayanagar Sugar Pvt Ltd - India
- ICICI Bank Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Standard Chartered Bank - UAE
- Energy Development Corp, Philippines
- Bharathi Cement Corporation - India
- Central Java Power - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Simpson Spence & Young - Indonesia
- Eastern Coal Council - USA
- Indogreen Group - Indonesia
- Ministry of Mines - Canada
- Sakthi Sugars Limited - India
- Kobexindo Tractors - Indoneisa
- Independent Power Producers Association of India
- Mercator Lines Limited - India
- Anglo American - United Kingdom
- CNBM International Corporation - China
- PTC India Limited - India
- Port Waratah Coal Services - Australia
- Malabar Cements Ltd - India
- Bukit Baiduri Energy - Indonesia
- Banpu Public Company Limited - Thailand
- GMR Energy Limited - India
- Gujarat Sidhee Cement - India
- Rio Tinto Coal - Australia
- Globalindo Alam Lestari - Indonesia
- London Commodity Brokers - England
- Maharashtra Electricity Regulatory Commission - India
- Parliament of New Zealand
- Karaikal Port Pvt Ltd - India
- Economic Council, Georgia
- White Energy Company Limited
- Kohat Cement Company Ltd. - Pakistan
- Kalimantan Lumbung Energi - Indonesia
- Merrill Lynch Commodities Europe
- Bhoruka Overseas - Indonesia
- Deloitte Consulting - India
- Romanian Commodities Exchange
- Planning Commission, India
- Goldman Sachs - Singapore
- Samtan Co., Ltd - South Korea
- Semirara Mining Corp, Philippines
- Oldendorff Carriers - Singapore
- Ind-Barath Power Infra Limited - India
- Krishnapatnam Port Company Ltd. - India
- Riau Bara Harum - Indonesia
- Ministry of Transport, Egypt
- Kapuas Tunggal Persada - Indonesia
- Indika Energy - Indonesia
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