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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, 25 March 10
THE INDIAN MARKET IS STILL FIRM - FEARNLEYS AS
Handy
A sluggish start to the week in the Atlantic with little fresh busin ...
Tuesday, 23 March 10
NINE COMPANIES WIN 20-YEAR COAL CONTRACTS - TEMPO
Tempo Interactive reported that, State Eletricity Company (Perusahaan Listrik Negara) revealed four joint ventures and one company winning coa ...
Monday, 22 March 10
INDONESIA`S MERUKH WINS US$3 BLN SWISS CONTRACT TO SUPPLY COAL - ANTARA
Antara Reported that, Indonesia's PT Merukh Enterprises said it has secured a 30-year contract to supply coal to Swiss buyer Glencore International ...
Monday, 22 March 10
INDIA TO IMPORT COLOMBIAN COAL FOR FIRST TIME AS DEMAND SURGES - BLOOMBERG
Bloomberg reported that, Adani Enterprises Ltd., India’s biggest coal importer, agreed to buy thermal coal from Colombia for the first t ...
Saturday, 20 March 10
NO MAJOR CHANGES ON SUPRAMAX MARKET FOR NEXT COUPLE OF WEEKS - VISTAAR
COALspot.com: “The dry bulk freight market continued to be firm on the Panamax and Supramax and Handy size vessels”, said Capt. Reddy MD ...
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- ASAPP Information Group - India
- Mjunction Services Limited - India
- India Bulls Power Limited - India
- VISA Power Limited - India
- Sindya Power Generating Company Private Ltd
- Straits Asia Resources Limited - Singapore
- Mercator Lines Limited - India
- Electricity Generating Authority of Thailand
- Dalmia Cement Bharat India
- Deloitte Consulting - India
- Pipit Mutiara Jaya. PT, Indonesia
- Jindal Steel & Power Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Holcim Trading Pte Ltd - Singapore
- IEA Clean Coal Centre - UK
- Ceylon Electricity Board - Sri Lanka
- Gujarat Mineral Development Corp Ltd - India
- Australian Coal Association
- ICICI Bank Limited - India
- Intertek Mineral Services - Indonesia
- Kobexindo Tractors - Indoneisa
- Sakthi Sugars Limited - India
- Renaissance Capital - South Africa
- Energy Link Ltd, New Zealand
- AsiaOL BioFuels Corp., Philippines
- Semirara Mining Corp, Philippines
- Essar Steel Hazira Ltd - India
- Toyota Tsusho Corporation, Japan
- Vizag Seaport Private Limited - India
- Antam Resourcindo - Indonesia
- Altura Mining Limited, Indonesia
- Ministry of Mines - Canada
- Karaikal Port Pvt Ltd - India
- Central Java Power - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PowerSource Philippines DevCo
- Minerals Council of Australia
- Barasentosa Lestari - Indonesia
- Global Coal Blending Company Limited - Australia
- Goldman Sachs - Singapore
- Meenaskhi Energy Private Limited - India
- Xindia Steels Limited - India
- Sree Jayajothi Cements Limited - India
- Parry Sugars Refinery, India
- Iligan Light & Power Inc, Philippines
- Bangladesh Power Developement Board
- Kideco Jaya Agung - Indonesia
- Jaiprakash Power Ventures ltd
- Agrawal Coal Company - India
- Indian Energy Exchange, India
- CIMB Investment Bank - Malaysia
- Port Waratah Coal Services - Australia
- McConnell Dowell - Australia
- GMR Energy Limited - India
- GVK Power & Infra Limited - India
- Aboitiz Power Corporation - Philippines
- Siam City Cement - Thailand
- South Luzon Thermal Energy Corporation
- Coalindo Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- Aditya Birla Group - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kepco SPC Power Corporation, Philippines
- Central Electricity Authority - India
- Ambuja Cements Ltd - India
- Therma Luzon, Inc, Philippines
- Tata Chemicals Ltd - India
- GAC Shipping (India) Pvt Ltd
- Krishnapatnam Port Company Ltd. - India
- Eastern Coal Council - USA
- Thai Mozambique Logistica
- Rashtriya Ispat Nigam Limited - India
- Parliament of New Zealand
- Sical Logistics Limited - India
- The State Trading Corporation of India Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- London Commodity Brokers - England
- Standard Chartered Bank - UAE
- Riau Bara Harum - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Interocean Group of Companies - India
- TeaM Sual Corporation - Philippines
- Power Finance Corporation Ltd., India
- OPG Power Generation Pvt Ltd - India
- Latin American Coal - Colombia
- Larsen & Toubro Limited - India
- Lanco Infratech Ltd - India
- Star Paper Mills Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- New Zealand Coal & Carbon
- Uttam Galva Steels Limited - India
- Bukit Baiduri Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Indonesian Coal Mining Association
- Vijayanagar Sugar Pvt Ltd - India
- Ministry of Finance - Indonesia
- CNBM International Corporation - China
- Global Business Power Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Rio Tinto Coal - Australia
- Australian Commodity Traders Exchange
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhushan Steel Limited - India
- Formosa Plastics Group - Taiwan
- SMG Consultants - Indonesia
- Commonwealth Bank - Australia
- Maharashtra Electricity Regulatory Commission - India
- Medco Energi Mining Internasional
- Grasim Industreis Ltd - India
- Edison Trading Spa - Italy
- Kumho Petrochemical, South Korea
- Mintek Dendrill Indonesia
- Chamber of Mines of South Africa
- Posco Energy - South Korea
- Asmin Koalindo Tuhup - Indonesia
- Bhatia International Limited - India
- Thiess Contractors Indonesia
- Semirara Mining and Power Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Energy Development Corp, Philippines
- Africa Commodities Group - South Africa
- Carbofer General Trading SA - India
- Sinarmas Energy and Mining - Indonesia
- Mercuria Energy - Indonesia
- Wilmar Investment Holdings
- PetroVietnam Power Coal Import and Supply Company
- Heidelberg Cement - Germany
- Attock Cement Pakistan Limited
- SMC Global Power, Philippines
- Ind-Barath Power Infra Limited - India
- Meralco Power Generation, Philippines
- The Treasury - Australian Government
- Karbindo Abesyapradhi - Indoneisa
- Sarangani Energy Corporation, Philippines
- Romanian Commodities Exchange
- Vedanta Resources Plc - India
- Neyveli Lignite Corporation Ltd, - India
- Pendopo Energi Batubara - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Banpu Public Company Limited - Thailand
- Oldendorff Carriers - Singapore
- Salva Resources Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Planning Commission, India
- Anglo American - United Kingdom
- The University of Queensland
- Singapore Mercantile Exchange
- Indogreen Group - Indonesia
- Marubeni Corporation - India
- IHS Mccloskey Coal Group - USA
- Independent Power Producers Association of India
- Orica Australia Pty. Ltd.
- Price Waterhouse Coopers - Russia
- Coastal Gujarat Power Limited - India
- European Bulk Services B.V. - Netherlands
- Leighton Contractors Pty Ltd - Australia
- Borneo Indobara - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- San Jose City I Power Corp, Philippines
- Sojitz Corporation - Japan
- Chettinad Cement Corporation Ltd - India
- Indo Tambangraya Megah - Indonesia
- Gujarat Sidhee Cement - India
- LBH Netherlands Bv - Netherlands
- TNB Fuel Sdn Bhd - Malaysia
- Petrochimia International Co. Ltd.- Taiwan
- Bayan Resources Tbk. - Indonesia
- Kartika Selabumi Mining - Indonesia
- Orica Mining Services - Indonesia
- Samtan Co., Ltd - South Korea
- Globalindo Alam Lestari - Indonesia
- Directorate Of Revenue Intelligence - India
- PNOC Exploration Corporation - Philippines
- White Energy Company Limited
- Cement Manufacturers Association - India
- Baramulti Group, Indonesia
- Bhoruka Overseas - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Madhucon Powers Ltd - India
- Georgia Ports Authority, United States
- Malabar Cements Ltd - India
- Tamil Nadu electricity Board
- Kaltim Prima Coal - Indonesia
- Petron Corporation, Philippines
- Indian Oil Corporation Limited
- Eastern Energy - Thailand
- MS Steel International - UAE
- Simpson Spence & Young - Indonesia
- Savvy Resources Ltd - HongKong
- Miang Besar Coal Terminal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Ministry of Transport, Egypt
- Coal and Oil Company - UAE
- Timah Investasi Mineral - Indoneisa
- Cigading International Bulk Terminal - Indonesia
- PTC India Limited - India
- Wood Mackenzie - Singapore
- Economic Council, Georgia
- Electricity Authority, New Zealand
- Trasteel International SA, Italy
- Metalloyd Limited - United Kingdom
- Makarim & Taira - Indonesia
- Siam City Cement PLC, Thailand
- Merrill Lynch Commodities Europe
- SN Aboitiz Power Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indika Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bulk Trading Sa - Switzerland
- Bukit Makmur.PT - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Kohat Cement Company Ltd. - Pakistan
- Kalimantan Lumbung Energi - Indonesia
- Videocon Industries ltd - India
- Manunggal Multi Energi - Indonesia
- Bharathi Cement Corporation - India
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