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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, 26 March 10
CHINA PLANS TO INCREASES IMPORT COAL GREATLY IN 2010
– Asia Pacific Coal Trading & Investment Outlook 2010-
COALspot.com (Press Release): China plans to increase coal import significantly ...
Friday, 26 March 10
NTPC IN TALKS FOR INDONESIAN MINE - LIVE MINT
The deal for the coal mine with 1.8 bn tonnes of reserves may be valued at $1 bn
Live Mint reported that, State-run power utility NTPC Ltd is in ta ...
Friday, 26 March 10
ESSAR GROUP SIGNS DEAL FOR INDONESIAN COAL MINE - BUSINESS LINE
Looking ahead
The coal from the Indonesian mine would provide raw material to the group's power projects
The Aries coal mines acquired by the gro ...
Thursday, 25 March 10
CHINA RAILWAY WINS $4.8 BILLION INDONESIA PROJECT - BLOOMBERG
Bloomberg reported that, China Railway Group Ltd. won a $4.8 billion order from PT Bukit Asam, Indonesia’s state-owned coal producer, for a co ...
Thursday, 25 March 10
INDIAS MAHARASHTRA SEEKS TO IMPORT 3.35 MILLION TONS OF COAL - BLOOMBERG
Bloomberg reported that, Maharashtra State Power Generation Co., a provider of electricity to India’s commercial hub Mumbai, is seeking 3.35 m ...
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- Aboitiz Power Corporation - Philippines
- Bhoruka Overseas - Indonesia
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- Videocon Industries ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Neyveli Lignite Corporation Ltd, - India
- Dalmia Cement Bharat India
- Pendopo Energi Batubara - Indonesia
- Australian Coal Association
- Straits Asia Resources Limited - Singapore
- Kobexindo Tractors - Indoneisa
- Price Waterhouse Coopers - Russia
- Bukit Baiduri Energy - Indonesia
- Salva Resources Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sical Logistics Limited - India
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- Kohat Cement Company Ltd. - Pakistan
- India Bulls Power Limited - India
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- Independent Power Producers Association of India
- Economic Council, Georgia
- Africa Commodities Group - South Africa
- Mercator Lines Limited - India
- Gujarat Mineral Development Corp Ltd - India
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- SMC Global Power, Philippines
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- Samtan Co., Ltd - South Korea
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- Indonesian Coal Mining Association
- Meenaskhi Energy Private Limited - India
- Ministry of Finance - Indonesia
- SMG Consultants - Indonesia
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- Commonwealth Bank - Australia
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- Metalloyd Limited - United Kingdom
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- Toyota Tsusho Corporation, Japan
- New Zealand Coal & Carbon
- CNBM International Corporation - China
- Global Business Power Corporation, Philippines
- Deloitte Consulting - India
- Standard Chartered Bank - UAE
- Ambuja Cements Ltd - India
- Renaissance Capital - South Africa
- Asmin Koalindo Tuhup - Indonesia
- Tamil Nadu electricity Board
- Marubeni Corporation - India
- CIMB Investment Bank - Malaysia
- GVK Power & Infra Limited - India
- Power Finance Corporation Ltd., India
- Eastern Energy - Thailand
- Makarim & Taira - Indonesia
- White Energy Company Limited
- OPG Power Generation Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Anglo American - United Kingdom
- The University of Queensland
- Rio Tinto Coal - Australia
- Romanian Commodities Exchange
- Heidelberg Cement - Germany
- Antam Resourcindo - Indonesia
- Meralco Power Generation, Philippines
- The Treasury - Australian Government
- Baramulti Group, Indonesia
- Star Paper Mills Limited - India
- Electricity Authority, New Zealand
- Sojitz Corporation - Japan
- London Commodity Brokers - England
- Orica Mining Services - Indonesia
- Indo Tambangraya Megah - Indonesia
- Sakthi Sugars Limited - India
- Energy Development Corp, Philippines
- ASAPP Information Group - India
- Latin American Coal - Colombia
- AsiaOL BioFuels Corp., Philippines
- Gujarat Electricity Regulatory Commission - India
- Coalindo Energy - Indonesia
- PTC India Limited - India
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- Directorate General of MIneral and Coal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Jaiprakash Power Ventures ltd
- Karaikal Port Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Lanco Infratech Ltd - India
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- Energy Link Ltd, New Zealand
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- Iligan Light & Power Inc, Philippines
- Ministry of Transport, Egypt
- Savvy Resources Ltd - HongKong
- Rashtriya Ispat Nigam Limited - India
- Alfred C Toepfer International GmbH - Germany
- Australian Commodity Traders Exchange
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- Coastal Gujarat Power Limited - India
- Timah Investasi Mineral - Indoneisa
- Bulk Trading Sa - Switzerland
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- Minerals Council of Australia
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- Petron Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Carbofer General Trading SA - India
- Port Waratah Coal Services - Australia
- Thiess Contractors Indonesia
- Wilmar Investment Holdings
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- Grasim Industreis Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bukit Makmur.PT - Indonesia
- Indika Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Miang Besar Coal Terminal - Indonesia
- Vedanta Resources Plc - India
- Bhatia International Limited - India
- Siam City Cement - Thailand
- Wood Mackenzie - Singapore
- LBH Netherlands Bv - Netherlands
- GAC Shipping (India) Pvt Ltd
- Singapore Mercantile Exchange
- Leighton Contractors Pty Ltd - Australia
- IHS Mccloskey Coal Group - USA
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kartika Selabumi Mining - Indonesia
- Attock Cement Pakistan Limited
- Posco Energy - South Korea
- Intertek Mineral Services - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Bangladesh Power Developement Board
- Ministry of Mines - Canada
- PetroVietnam Power Coal Import and Supply Company
- South Luzon Thermal Energy Corporation
- Parliament of New Zealand
- Billiton Holdings Pty Ltd - Australia
- Thai Mozambique Logistica
- Uttam Galva Steels Limited - India
- Sinarmas Energy and Mining - Indonesia
- Gujarat Sidhee Cement - India
- Edison Trading Spa - Italy
- Coal and Oil Company - UAE
- Electricity Generating Authority of Thailand
- Aditya Birla Group - India
- Sindya Power Generating Company Private Ltd
- Kideco Jaya Agung - Indonesia
- SN Aboitiz Power Inc, Philippines
- The State Trading Corporation of India Ltd
- ICICI Bank Limited - India
- Global Coal Blending Company Limited - Australia
- Central Java Power - Indonesia
- PowerSource Philippines DevCo
- TeaM Sual Corporation - Philippines
- Tata Chemicals Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Kapuas Tunggal Persada - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Planning Commission, India
- McConnell Dowell - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Altura Mining Limited, Indonesia
- Essar Steel Hazira Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mercuria Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Orica Australia Pty. Ltd.
- San Jose City I Power Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Goldman Sachs - Singapore
- Kaltim Prima Coal - Indonesia
- Oldendorff Carriers - Singapore
- Indian Oil Corporation Limited
- Eastern Coal Council - USA
- Mintek Dendrill Indonesia
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