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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, 11 February 10
THE INDIAN MARKET SOFTENING A BIT - FEARNRESEARCH
Handy
The BSI has gone down for 3 weeks now but it is more a reflection of the Pac market. Activity in the Atl remains solid and rates remain firm ...
Thursday, 11 February 10
SOUTH AFRICA COAL EXPORTS DROP TO INDIA, CHINA
South African coal exports to India from Richards Bay Coal Terminal fell 39% in January from December's levels while shipments to China dropped 55% ...
Thursday, 11 February 10
JSW STEEL IS CLOSE TO ACQUIRING TWO COAL MINES IN THE US
“We are in advanced stages of negotiation and the deal will be completed in a month or two,” a company official told DNA Money on the co ...
Wednesday, 10 February 10
BHP TAKES MARUWAI SALE OFF THE TABLE, MINISTRY SAYS
Australian mining giant BHP Billiton may cancel a plan to sell a stake in its coal mining project in Maruwai, East Kalimantan, an official at the En ...
Wednesday, 10 February 10
JPMORGAN FORECASTS A 5.7% GROWTH IN SEABORNE IRON ORE SHIPMENTS, 3.8% FOR COAL AND GRAIN THIS YEAR
This year volumes of iron ore transportation by sea may grow to 5.7%, coal and grain up 3.8% over numbers in 2009, Ukrrudprom reports citing analyst ...
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- TNB Fuel Sdn Bhd - Malaysia
- New Zealand Coal & Carbon
- Therma Luzon, Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- Mintek Dendrill Indonesia
- Eastern Coal Council - USA
- McConnell Dowell - Australia
- The State Trading Corporation of India Ltd
- Heidelberg Cement - Germany
- Holcim Trading Pte Ltd - Singapore
- Attock Cement Pakistan Limited
- ICICI Bank Limited - India
- Energy Link Ltd, New Zealand
- Vizag Seaport Private Limited - India
- Simpson Spence & Young - Indonesia
- Cement Manufacturers Association - India
- Grasim Industreis Ltd - India
- Bhushan Steel Limited - India
- Bharathi Cement Corporation - India
- Coalindo Energy - Indonesia
- Economic Council, Georgia
- Billiton Holdings Pty Ltd - Australia
- Malabar Cements Ltd - India
- Altura Mining Limited, Indonesia
- Sakthi Sugars Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Australian Coal Association
- Leighton Contractors Pty Ltd - Australia
- Price Waterhouse Coopers - Russia
- Energy Development Corp, Philippines
- Jaiprakash Power Ventures ltd
- Iligan Light & Power Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Commonwealth Bank - Australia
- Central Java Power - Indonesia
- Banpu Public Company Limited - Thailand
- Indika Energy - Indonesia
- Madhucon Powers Ltd - India
- GVK Power & Infra Limited - India
- GMR Energy Limited - India
- Romanian Commodities Exchange
- Videocon Industries ltd - India
- SMG Consultants - Indonesia
- Agrawal Coal Company - India
- IEA Clean Coal Centre - UK
- Merrill Lynch Commodities Europe
- GN Power Mariveles Coal Plant, Philippines
- Wood Mackenzie - Singapore
- SMC Global Power, Philippines
- Standard Chartered Bank - UAE
- Oldendorff Carriers - Singapore
- Indogreen Group - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Kepco SPC Power Corporation, Philippines
- Meralco Power Generation, Philippines
- Electricity Authority, New Zealand
- Savvy Resources Ltd - HongKong
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Rio Tinto Coal - Australia
- Formosa Plastics Group - Taiwan
- Pipit Mutiara Jaya. PT, Indonesia
- Coal and Oil Company - UAE
- Electricity Generating Authority of Thailand
- Global Business Power Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Essar Steel Hazira Ltd - India
- Sree Jayajothi Cements Limited - India
- Intertek Mineral Services - Indonesia
- Metalloyd Limited - United Kingdom
- Kapuas Tunggal Persada - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Africa Commodities Group - South Africa
- Bahari Cakrawala Sebuku - Indonesia
- Baramulti Group, Indonesia
- Indian Energy Exchange, India
- Karaikal Port Pvt Ltd - India
- Antam Resourcindo - Indonesia
- TeaM Sual Corporation - Philippines
- Semirara Mining Corp, Philippines
- Bhatia International Limited - India
- Larsen & Toubro Limited - India
- Toyota Tsusho Corporation, Japan
- Manunggal Multi Energi - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Bukit Baiduri Energy - Indonesia
- Riau Bara Harum - Indonesia
- Planning Commission, India
- Siam City Cement PLC, Thailand
- Ind-Barath Power Infra Limited - India
- Kaltim Prima Coal - Indonesia
- Ministry of Finance - Indonesia
- Siam City Cement - Thailand
- OPG Power Generation Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Borneo Indobara - Indonesia
- Thai Mozambique Logistica
- Edison Trading Spa - Italy
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Eastern Energy - Thailand
- Global Coal Blending Company Limited - Australia
- Trasteel International SA, Italy
- Central Electricity Authority - India
- GAC Shipping (India) Pvt Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Mineral Development Corp Ltd - India
- South Luzon Thermal Energy Corporation
- Aditya Birla Group - India
- Directorate General of MIneral and Coal - Indonesia
- Carbofer General Trading SA - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ministry of Transport, Egypt
- London Commodity Brokers - England
- Bulk Trading Sa - Switzerland
- Pendopo Energi Batubara - Indonesia
- Anglo American - United Kingdom
- Makarim & Taira - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Vijayanagar Sugar Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Maheswari Brothers Coal Limited - India
- Goldman Sachs - Singapore
- Kumho Petrochemical, South Korea
- Tata Chemicals Ltd - India
- PNOC Exploration Corporation - Philippines
- Petron Corporation, Philippines
- Coastal Gujarat Power Limited - India
- PTC India Limited - India
- Wilmar Investment Holdings
- Barasentosa Lestari - Indonesia
- The Treasury - Australian Government
- Aboitiz Power Corporation - Philippines
- Sinarmas Energy and Mining - Indonesia
- CIMB Investment Bank - Malaysia
- Xindia Steels Limited - India
- Vedanta Resources Plc - India
- LBH Netherlands Bv - Netherlands
- Medco Energi Mining Internasional
- Chamber of Mines of South Africa
- Singapore Mercantile Exchange
- Jorong Barutama Greston.PT - Indonesia
- Mercuria Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Mjunction Services Limited - India
- Cigading International Bulk Terminal - Indonesia
- Orica Australia Pty. Ltd.
- Sical Logistics Limited - India
- Bayan Resources Tbk. - Indonesia
- Uttam Galva Steels Limited - India
- Straits Asia Resources Limited - Singapore
- Indian Oil Corporation Limited
- Independent Power Producers Association of India
- Samtan Co., Ltd - South Korea
- Global Green Power PLC Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Binh Thuan Hamico - Vietnam
- Mercator Lines Limited - India
- Ceylon Electricity Board - Sri Lanka
- Globalindo Alam Lestari - Indonesia
- The University of Queensland
- Sojitz Corporation - Japan
- IHS Mccloskey Coal Group - USA
- SN Aboitiz Power Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Timah Investasi Mineral - Indoneisa
- Indonesian Coal Mining Association
- European Bulk Services B.V. - Netherlands
- White Energy Company Limited
- Lanco Infratech Ltd - India
- Marubeni Corporation - India
- Parliament of New Zealand
- MS Steel International - UAE
- Directorate Of Revenue Intelligence - India
- Semirara Mining and Power Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- Dalmia Cement Bharat India
- AsiaOL BioFuels Corp., Philippines
- Ambuja Cements Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Bhoruka Overseas - Indonesia
- Tamil Nadu electricity Board
- ASAPP Information Group - India
- Bukit Makmur.PT - Indonesia
- Sarangani Energy Corporation, Philippines
- Star Paper Mills Limited - India
- Sindya Power Generating Company Private Ltd
- Indo Tambangraya Megah - Indonesia
- Georgia Ports Authority, United States
- Australian Commodity Traders Exchange
- PowerSource Philippines DevCo
- San Jose City I Power Corp, Philippines
- VISA Power Limited - India
- Power Finance Corporation Ltd., India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Chettinad Cement Corporation Ltd - India
- Renaissance Capital - South Africa
- Parry Sugars Refinery, India
- Meenaskhi Energy Private Limited - India
- Miang Besar Coal Terminal - Indonesia
- Orica Mining Services - Indonesia
- Latin American Coal - Colombia
- Minerals Council of Australia
- CNBM International Corporation - China
- Interocean Group of Companies - India
- Salva Resources Pvt Ltd - India
- Thiess Contractors Indonesia
- Port Waratah Coal Services - Australia
- Deloitte Consulting - India
- Bangladesh Power Developement Board
- Kalimantan Lumbung Energi - Indonesia
- India Bulls Power Limited - India
- Posco Energy - South Korea
- Ministry of Mines - Canada
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