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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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Monday, 01 March 10
166 MINING COMPANIES THREATEN ENVIRONMENT
Viva News reported that, the Indonesian Forum for the Environment (Walhi) of East Kalimantan reveals that 166 coal mining companies, which are curre ...
Monday, 01 March 10
IRON ORE PRICE NEGOTIATIONS - 80PCT HIKE SEEN BY CHINESE
China Knowledge quoted an insider from a large Chinese steel company said there will be a significant increase in steel prices in the next few month ...
Sunday, 28 February 10
SUPRAMAX CHARTER RATES FOR ONE YEAR IS AROUND US$ 19,000/20,000 PER DAY - VISTAAR SINGAPORE
COALspot.com : The freight market firmed up by almost 10 pct on Supramax and Handy size and about 7 pct on Panamax.
However it was interesting to ...
Sunday, 28 February 10
MINISTRY SEEKS TWO YEAR DELAY TO IMPLEMENT ENVIRONMENT LAW
The Jakarta Post reported that, The ministry of energy and mineral resources has proposed that the government postpone the implementation of the 200 ...
Sunday, 28 February 10
CONTINENTAL TARGETS COAL SALES FROM S AFRICA MINE IN Q2 - MINING WEEKLY
Mining weekly reported that, Junior coal explorer Continental Coal would start coal sales from its Vlakvarkfontein mine, in South Africa, in the sec ...
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- Banpu Public Company Limited - Thailand
- Ministry of Transport, Egypt
- Renaissance Capital - South Africa
- Bharathi Cement Corporation - India
- GAC Shipping (India) Pvt Ltd
- Sical Logistics Limited - India
- Indo Tambangraya Megah - Indonesia
- Eastern Coal Council - USA
- Economic Council, Georgia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bulk Trading Sa - Switzerland
- Power Finance Corporation Ltd., India
- Thai Mozambique Logistica
- Indonesian Coal Mining Association
- Globalindo Alam Lestari - Indonesia
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- Central Electricity Authority - India
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- SMG Consultants - Indonesia
- Kumho Petrochemical, South Korea
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- South Luzon Thermal Energy Corporation
- Central Java Power - Indonesia
- Formosa Plastics Group - Taiwan
- Mintek Dendrill Indonesia
- Mjunction Services Limited - India
- Price Waterhouse Coopers - Russia
- PowerSource Philippines DevCo
- Riau Bara Harum - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Agrawal Coal Company - India
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- Petron Corporation, Philippines
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- Pipit Mutiara Jaya. PT, Indonesia
- Australian Commodity Traders Exchange
- Planning Commission, India
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- Coalindo Energy - Indonesia
- VISA Power Limited - India
- IHS Mccloskey Coal Group - USA
- Parliament of New Zealand
- Indian Oil Corporation Limited
- LBH Netherlands Bv - Netherlands
- White Energy Company Limited
- Medco Energi Mining Internasional
- Metalloyd Limited - United Kingdom
- Maharashtra Electricity Regulatory Commission - India
- Simpson Spence & Young - Indonesia
- Anglo American - United Kingdom
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- Georgia Ports Authority, United States
- AsiaOL BioFuels Corp., Philippines
- Toyota Tsusho Corporation, Japan
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- Global Coal Blending Company Limited - Australia
- Krishnapatnam Port Company Ltd. - India
- Mercuria Energy - Indonesia
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- Bangladesh Power Developement Board
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- Siam City Cement PLC, Thailand
- Bhoruka Overseas - Indonesia
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- Meralco Power Generation, Philippines
- CNBM International Corporation - China
- Goldman Sachs - Singapore
- Kideco Jaya Agung - Indonesia
- Siam City Cement - Thailand
- Dalmia Cement Bharat India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- McConnell Dowell - Australia
- Gujarat Electricity Regulatory Commission - India
- Minerals Council of Australia
- The University of Queensland
- GN Power Mariveles Coal Plant, Philippines
- Indika Energy - Indonesia
- Energy Link Ltd, New Zealand
- ICICI Bank Limited - India
- Africa Commodities Group - South Africa
- TNB Fuel Sdn Bhd - Malaysia
- Directorate General of MIneral and Coal - Indonesia
- Jaiprakash Power Ventures ltd
- Rio Tinto Coal - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Chamber of Mines of South Africa
- SMC Global Power, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Straits Asia Resources Limited - Singapore
- Larsen & Toubro Limited - India
- Borneo Indobara - Indonesia
- Ministry of Mines - Canada
- International Coal Ventures Pvt Ltd - India
- Ambuja Cements Ltd - India
- Binh Thuan Hamico - Vietnam
- Posco Energy - South Korea
- Vedanta Resources Plc - India
- PNOC Exploration Corporation - Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kobexindo Tractors - Indoneisa
- Pendopo Energi Batubara - Indonesia
- Wilmar Investment Holdings
- Holcim Trading Pte Ltd - Singapore
- Samtan Co., Ltd - South Korea
- Semirara Mining and Power Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Coal and Oil Company - UAE
- Sarangani Energy Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Romanian Commodities Exchange
- Wood Mackenzie - Singapore
- Cigading International Bulk Terminal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Tata Chemicals Ltd - India
- Merrill Lynch Commodities Europe
- Interocean Group of Companies - India
- Malabar Cements Ltd - India
- Carbofer General Trading SA - India
- Manunggal Multi Energi - Indonesia
- Tamil Nadu electricity Board
- GMR Energy Limited - India
- Bukit Baiduri Energy - Indonesia
- Commonwealth Bank - Australia
- Oldendorff Carriers - Singapore
- Aditya Birla Group - India
- Bhushan Steel Limited - India
- Sree Jayajothi Cements Limited - India
- Global Business Power Corporation, Philippines
- Sojitz Corporation - Japan
- Antam Resourcindo - Indonesia
- Mercator Lines Limited - India
- Indogreen Group - Indonesia
- GVK Power & Infra Limited - India
- ASAPP Information Group - India
- Petrochimia International Co. Ltd.- Taiwan
- Kaltim Prima Coal - Indonesia
- Singapore Mercantile Exchange
- Indian Energy Exchange, India
- Madhucon Powers Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Electricity Authority, New Zealand
- Baramulti Group, Indonesia
- Energy Development Corp, Philippines
- Edison Trading Spa - Italy
- OPG Power Generation Pvt Ltd - India
- Parry Sugars Refinery, India
- Coastal Gujarat Power Limited - India
- Bayan Resources Tbk. - Indonesia
- Attock Cement Pakistan Limited
- Bahari Cakrawala Sebuku - Indonesia
- European Bulk Services B.V. - Netherlands
- Meenaskhi Energy Private Limited - India
- Karaikal Port Pvt Ltd - India
- Standard Chartered Bank - UAE
- Orica Australia Pty. Ltd.
- Latin American Coal - Colombia
- Trasteel International SA, Italy
- Rashtriya Ispat Nigam Limited - India
- IEA Clean Coal Centre - UK
- Sakthi Sugars Limited - India
- Grasim Industreis Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Iligan Light & Power Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Eastern Energy - Thailand
- Sindya Power Generating Company Private Ltd
- Aboitiz Power Corporation - Philippines
- New Zealand Coal & Carbon
- Asmin Koalindo Tuhup - Indonesia
- Marubeni Corporation - India
- Vijayanagar Sugar Pvt Ltd - India
- London Commodity Brokers - England
- PTC India Limited - India
- Directorate Of Revenue Intelligence - India
- Alfred C Toepfer International GmbH - Germany
- MS Steel International - UAE
- Independent Power Producers Association of India
- Miang Besar Coal Terminal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Kepco SPC Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Heidelberg Cement - Germany
- Makarim & Taira - Indonesia
- Gujarat Sidhee Cement - India
- Port Waratah Coal Services - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Chettinad Cement Corporation Ltd - India
- Leighton Contractors Pty Ltd - Australia
- TeaM Sual Corporation - Philippines
- Deloitte Consulting - India
- Savvy Resources Ltd - HongKong
- Altura Mining Limited, Indonesia
- Ministry of Finance - Indonesia
- San Jose City I Power Corp, Philippines
- CIMB Investment Bank - Malaysia
- Electricity Generating Authority of Thailand
- Star Paper Mills Limited - India
- The State Trading Corporation of India Ltd
- Maheswari Brothers Coal Limited - India
- Cement Manufacturers Association - India
- Therma Luzon, Inc, Philippines
- Uttam Galva Steels Limited - India
- Barasentosa Lestari - Indonesia
- The Treasury - Australian Government
- Vizag Seaport Private Limited - India
- Thiess Contractors Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Bukit Makmur.PT - Indonesia
- Xindia Steels Limited - India
- SN Aboitiz Power Inc, Philippines
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