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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, 04 January 10
TOKYO ELECTRIC SEALS XSTRATA COAL DEAL
Tokyo Electric Power Co has agreed to pay about $US85 a tonne for Australian thermal coal in 2010 from miner Xstrata, a source familiar with the pri ...
Monday, 04 January 10
IND-BARATH TO SHIFT PROJECT FROM AP TO TN
Hyderabad-based power producer Ind–Barath is planning to set up a power plant at Tuticorin, Tamil Nadu. The proposed project would attract inv ...
Sunday, 03 January 10
NEWCASTLE THERMAL COAL PRICES FALL IN FIRST DECLINE IN 3 WEEKS
Power-station coal prices at Australia’s Newcastle port, a benchmark for Asia, declined 1.5 percent, falling for the first time in three weeks ...
Sunday, 03 January 10
NTPC SEEKS REPORT ON TRANSPORTING COAL THROUGH WATERWAYS
State-run National Thermal Power Corporation (NTPC), the country’s largest power utility, has asked for a “holistic” feasibility r ...
Sunday, 03 January 10
BHP TO STAY IN MARUWAI AND TO KEEP 75 PERCENT OF THE STAKE
Despite recent statements that it would pull out completely from Indonesia, the world's largest mining company BHP Billiton has now admitted that i ...
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- Baramulti Group, Indonesia
- Parliament of New Zealand
- Goldman Sachs - Singapore
- Coalindo Energy - Indonesia
- Planning Commission, India
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- Romanian Commodities Exchange
- Savvy Resources Ltd - HongKong
- McConnell Dowell - Australia
- Semirara Mining and Power Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Sindya Power Generating Company Private Ltd
- Bharathi Cement Corporation - India
- Karaikal Port Pvt Ltd - India
- Barasentosa Lestari - Indonesia
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- Mercuria Energy - Indonesia
- Videocon Industries ltd - India
- Jaiprakash Power Ventures ltd
- Standard Chartered Bank - UAE
- Salva Resources Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Kaltim Prima Coal - Indonesia
- Central Java Power - Indonesia
- Bayan Resources Tbk. - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Mintek Dendrill Indonesia
- New Zealand Coal & Carbon
- Sakthi Sugars Limited - India
- Samtan Co., Ltd - South Korea
- Xindia Steels Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Semirara Mining Corp, Philippines
- OPG Power Generation Pvt Ltd - India
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- Africa Commodities Group - South Africa
- MS Steel International - UAE
- Leighton Contractors Pty Ltd - Australia
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- Interocean Group of Companies - India
- Indian Oil Corporation Limited
- Antam Resourcindo - Indonesia
- Kideco Jaya Agung - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Minerals Council of Australia
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- Billiton Holdings Pty Ltd - Australia
- Chettinad Cement Corporation Ltd - India
- Bhoruka Overseas - Indonesia
- Independent Power Producers Association of India
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- Indian Energy Exchange, India
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- European Bulk Services B.V. - Netherlands
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- Georgia Ports Authority, United States
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- Tata Chemicals Ltd - India
- Kartika Selabumi Mining - Indonesia
- Riau Bara Harum - Indonesia
- Heidelberg Cement - Germany
- Rio Tinto Coal - Australia
- Gujarat Sidhee Cement - India
- Trasteel International SA, Italy
- Directorate Of Revenue Intelligence - India
- Krishnapatnam Port Company Ltd. - India
- Kepco SPC Power Corporation, Philippines
- Orica Australia Pty. Ltd.
- Energy Link Ltd, New Zealand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Price Waterhouse Coopers - Russia
- Manunggal Multi Energi - Indonesia
- Siam City Cement PLC, Thailand
- Sree Jayajothi Cements Limited - India
- Thai Mozambique Logistica
- Parry Sugars Refinery, India
- Meenaskhi Energy Private Limited - India
- Global Green Power PLC Corporation, Philippines
- London Commodity Brokers - England
- Singapore Mercantile Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bukit Makmur.PT - Indonesia
- Marubeni Corporation - India
- Malabar Cements Ltd - India
- Therma Luzon, Inc, Philippines
- SMC Global Power, Philippines
- Simpson Spence & Young - Indonesia
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- Economic Council, Georgia
- Tamil Nadu electricity Board
- Latin American Coal - Colombia
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- Makarim & Taira - Indonesia
- Sical Logistics Limited - India
- Gujarat Electricity Regulatory Commission - India
- SN Aboitiz Power Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Sojitz Corporation - Japan
- Carbofer General Trading SA - India
- PNOC Exploration Corporation - Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ceylon Electricity Board - Sri Lanka
- Bhatia International Limited - India
- IEA Clean Coal Centre - UK
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- Bukit Asam (Persero) Tbk - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Medco Energi Mining Internasional
- Mercator Lines Limited - India
- Straits Asia Resources Limited - Singapore
- Ministry of Finance - Indonesia
- Coal and Oil Company - UAE
- Aditya Birla Group - India
- White Energy Company Limited
- Australian Commodity Traders Exchange
- Vedanta Resources Plc - India
- Uttam Galva Steels Limited - India
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- TNB Fuel Sdn Bhd - Malaysia
- The University of Queensland
- Pendopo Energi Batubara - Indonesia
- Chamber of Mines of South Africa
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- PowerSource Philippines DevCo
- Bulk Trading Sa - Switzerland
- Kohat Cement Company Ltd. - Pakistan
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- International Coal Ventures Pvt Ltd - India
- Australian Coal Association
- Maharashtra Electricity Regulatory Commission - India
- Binh Thuan Hamico - Vietnam
- Orica Mining Services - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Commonwealth Bank - Australia
- The State Trading Corporation of India Ltd
- Timah Investasi Mineral - Indoneisa
- Energy Development Corp, Philippines
- VISA Power Limited - India
- Globalindo Alam Lestari - Indonesia
- Intertek Mineral Services - Indonesia
- Jindal Steel & Power Ltd - India
- GVK Power & Infra Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Alfred C Toepfer International GmbH - Germany
- Wood Mackenzie - Singapore
- Banpu Public Company Limited - Thailand
- SMG Consultants - Indonesia
- CIMB Investment Bank - Malaysia
- Electricity Authority, New Zealand
- Bhushan Steel Limited - India
- Grasim Industreis Ltd - India
- Power Finance Corporation Ltd., India
- Formosa Plastics Group - Taiwan
- GAC Shipping (India) Pvt Ltd
- Renaissance Capital - South Africa
- Eastern Energy - Thailand
- Merrill Lynch Commodities Europe
- The Treasury - Australian Government
- Wilmar Investment Holdings
- Oldendorff Carriers - Singapore
- ASAPP Information Group - India
- TeaM Sual Corporation - Philippines
- Bukit Baiduri Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- LBH Netherlands Bv - Netherlands
- Ministry of Transport, Egypt
- Sarangani Energy Corporation, Philippines
- GMR Energy Limited - India
- IHS Mccloskey Coal Group - USA
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bangladesh Power Developement Board
- Borneo Indobara - Indonesia
- India Bulls Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Indogreen Group - Indonesia
- Metalloyd Limited - United Kingdom
- Lanco Infratech Ltd - India
- Mjunction Services Limited - India
- ICICI Bank Limited - India
- San Jose City I Power Corp, Philippines
- Kumho Petrochemical, South Korea
- PetroVietnam Power Coal Import and Supply Company
- PTC India Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Anglo American - United Kingdom
- AsiaOL BioFuels Corp., Philippines
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- Thiess Contractors Indonesia
- Maheswari Brothers Coal Limited - India
- Holcim Trading Pte Ltd - Singapore
- Star Paper Mills Limited - India
- Eastern Coal Council - USA
- Port Waratah Coal Services - Australia
- Toyota Tsusho Corporation, Japan
- CNBM International Corporation - China
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- Edison Trading Spa - Italy
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