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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 February 10
BANPU PROFITS SURGE BY 54% TO RECORD B14BN ON BRISK SALES
Banpu Plc, Asean's largest coal miner, said its earnings surged to a record high of 14.23 billion baht last year, an increase of 54% on the previou ...
Thursday, 25 February 10
INDO / INDIA COAL TRIPS SUPRAS CAN ACHIEVE AROUND MID 10S - FEARNLEYS AS
Handy
The BSI regained positive momentum exactly a week ago and the Atlantic rema ...
Thursday, 25 February 10
STEEP RISE IN COAL IMPORTS REQUIRED TO POWER INDIA - MONEYLIFE
The power ministry has estimated coal imports of 48 million tonnes in FY10-11, sharply higher than the expected imports of 28mt in the current fisca ...
Wednesday, 24 February 10
CHINA IMPORTED 8.81 MLN TONS OF INDONESIAN COAL IN JANUARY 2010
COALspot.com: Indonesia, the world largest coal exporter, exported 24.38 million tons of coal last month, compared with 27.46 million tons in a ...
Tuesday, 23 February 10
TRENDS..... DRY BULK MARKET .... TRENDS
The dry bulk market was pulled along by the Capes this week, as fresh enquiry breathed temporary life back into the market. Short period rates also ...
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- CNBM International Corporation - China
- GAC Shipping (India) Pvt Ltd
- Manunggal Multi Energi - Indonesia
- ICICI Bank Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Agrawal Coal Company - India
- Medco Energi Mining Internasional
- Africa Commodities Group - South Africa
- Gujarat Mineral Development Corp Ltd - India
- Bhatia International Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Kideco Jaya Agung - Indonesia
- Central Java Power - Indonesia
- Baramulti Group, Indonesia
- Straits Asia Resources Limited - Singapore
- Attock Cement Pakistan Limited
- Maharashtra Electricity Regulatory Commission - India
- India Bulls Power Limited - India
- Orica Mining Services - Indonesia
- Xindia Steels Limited - India
- Economic Council, Georgia
- San Jose City I Power Corp, Philippines
- Wilmar Investment Holdings
- Semirara Mining and Power Corporation, Philippines
- Star Paper Mills Limited - India
- Mjunction Services Limited - India
- Kartika Selabumi Mining - Indonesia
- Bukit Makmur.PT - Indonesia
- Eastern Coal Council - USA
- Sree Jayajothi Cements Limited - India
- PTC India Limited - India
- Toyota Tsusho Corporation, Japan
- Siam City Cement - Thailand
- White Energy Company Limited
- Thiess Contractors Indonesia
- Bhushan Steel Limited - India
- Deloitte Consulting - India
- GMR Energy Limited - India
- Rashtriya Ispat Nigam Limited - India
- Vedanta Resources Plc - India
- Pipit Mutiara Jaya. PT, Indonesia
- Aboitiz Power Corporation - Philippines
- The University of Queensland
- Grasim Industreis Ltd - India
- Standard Chartered Bank - UAE
- Coastal Gujarat Power Limited - India
- Savvy Resources Ltd - HongKong
- CIMB Investment Bank - Malaysia
- Leighton Contractors Pty Ltd - Australia
- Orica Australia Pty. Ltd.
- OPG Power Generation Pvt Ltd - India
- London Commodity Brokers - England
- Latin American Coal - Colombia
- Bangladesh Power Developement Board
- Kalimantan Lumbung Energi - Indonesia
- Kobexindo Tractors - Indoneisa
- Salva Resources Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Electricity Generating Authority of Thailand
- Globalindo Alam Lestari - Indonesia
- Malabar Cements Ltd - India
- Metalloyd Limited - United Kingdom
- Sinarmas Energy and Mining - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Indian Energy Exchange, India
- Sojitz Corporation - Japan
- Oldendorff Carriers - Singapore
- Iligan Light & Power Inc, Philippines
- Wood Mackenzie - Singapore
- New Zealand Coal & Carbon
- South Luzon Thermal Energy Corporation
- Chamber of Mines of South Africa
- Bukit Baiduri Energy - Indonesia
- The State Trading Corporation of India Ltd
- Riau Bara Harum - Indonesia
- Karaikal Port Pvt Ltd - India
- Goldman Sachs - Singapore
- Global Coal Blending Company Limited - Australia
- International Coal Ventures Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Independent Power Producers Association of India
- Sindya Power Generating Company Private Ltd
- ASAPP Information Group - India
- Aditya Birla Group - India
- Coal and Oil Company - UAE
- Mercuria Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Indonesian Coal Mining Association
- PetroVietnam Power Coal Import and Supply Company
- Kaltim Prima Coal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Kepco SPC Power Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Videocon Industries ltd - India
- Essar Steel Hazira Ltd - India
- Commonwealth Bank - Australia
- Bayan Resources Tbk. - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Borneo Indobara - Indonesia
- GVK Power & Infra Limited - India
- Binh Thuan Hamico - Vietnam
- SMG Consultants - Indonesia
- Bhoruka Overseas - Indonesia
- McConnell Dowell - Australia
- IHS Mccloskey Coal Group - USA
- Holcim Trading Pte Ltd - Singapore
- Trasteel International SA, Italy
- Mercator Lines Limited - India
- Carbofer General Trading SA - India
- Edison Trading Spa - Italy
- Therma Luzon, Inc, Philippines
- Merrill Lynch Commodities Europe
- Ceylon Electricity Board - Sri Lanka
- Dalmia Cement Bharat India
- Indika Energy - Indonesia
- Power Finance Corporation Ltd., India
- Cigading International Bulk Terminal - Indonesia
- Gujarat Sidhee Cement - India
- Georgia Ports Authority, United States
- Semirara Mining Corp, Philippines
- Indogreen Group - Indonesia
- The Treasury - Australian Government
- IEA Clean Coal Centre - UK
- Vizag Seaport Private Limited - India
- VISA Power Limited - India
- Indian Oil Corporation Limited
- PowerSource Philippines DevCo
- Australian Commodity Traders Exchange
- Bharathi Cement Corporation - India
- Eastern Energy - Thailand
- Heidelberg Cement - Germany
- Australian Coal Association
- Pendopo Energi Batubara - Indonesia
- Price Waterhouse Coopers - Russia
- Ministry of Mines - Canada
- Antam Resourcindo - Indonesia
- Romanian Commodities Exchange
- Asmin Koalindo Tuhup - Indonesia
- Ministry of Finance - Indonesia
- Meralco Power Generation, Philippines
- Port Waratah Coal Services - Australia
- Sical Logistics Limited - India
- SMC Global Power, Philippines
- LBH Netherlands Bv - Netherlands
- Formosa Plastics Group - Taiwan
- Meenaskhi Energy Private Limited - India
- Global Business Power Corporation, Philippines
- Thai Mozambique Logistica
- Jorong Barutama Greston.PT - Indonesia
- Larsen & Toubro Limited - India
- Marubeni Corporation - India
- Simpson Spence & Young - Indonesia
- Rio Tinto Coal - Australia
- Renaissance Capital - South Africa
- Sarangani Energy Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Jaiprakash Power Ventures ltd
- Petron Corporation, Philippines
- Madhucon Powers Ltd - India
- Singapore Mercantile Exchange
- Parliament of New Zealand
- Indo Tambangraya Megah - Indonesia
- Energy Development Corp, Philippines
- Tata Chemicals Ltd - India
- Barasentosa Lestari - Indonesia
- MS Steel International - UAE
- Parry Sugars Refinery, India
- Samtan Co., Ltd - South Korea
- Coalindo Energy - Indonesia
- Makarim & Taira - Indonesia
- Banpu Public Company Limited - Thailand
- Cement Manufacturers Association - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Altura Mining Limited, Indonesia
- Tamil Nadu electricity Board
- Posco Energy - South Korea
- Minerals Council of Australia
- Energy Link Ltd, New Zealand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Electricity Authority, New Zealand
- European Bulk Services B.V. - Netherlands
- Kohat Cement Company Ltd. - Pakistan
- Chettinad Cement Corporation Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Interocean Group of Companies - India
- Mintek Dendrill Indonesia
- Karbindo Abesyapradhi - Indoneisa
- TeaM Sual Corporation - Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Central Electricity Authority - India
- PNOC Exploration Corporation - Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Siam City Cement PLC, Thailand
- GN Power Mariveles Coal Plant, Philippines
- Billiton Holdings Pty Ltd - Australia
- Uttam Galva Steels Limited - India
- Sakthi Sugars Limited - India
- Ind-Barath Power Infra Limited - India
- Intertek Mineral Services - Indonesia
- Anglo American - United Kingdom
- Bulk Trading Sa - Switzerland
- Lanco Infratech Ltd - India
- Ministry of Transport, Egypt
- Global Green Power PLC Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Planning Commission, India
- Jindal Steel & Power Ltd - India
- Directorate Of Revenue Intelligence - India
- Vijayanagar Sugar Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Ambuja Cements Ltd - India
- Kumho Petrochemical, South Korea
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