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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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Saturday, 19 December 09
THE FUTURES FOR 2010 - 2012 FIRMED UP COMPARED TO LAST WEEK AND WAS AT AROUND CAPE US$ 28,000 PER DAY - VISTAAR
COALspot.com (Singapore): The freight market continued to soften this week with major drop in the cape size index by almost 21 pct and Panamax , Sup ...
Friday, 18 December 09
CARGOTEC WINS IBJ'S BEST SHIP LOADING / UNLOADING SYSTEM AWARD WITH SIWERTELL
Cargotec’s Siwertell ship unloader has recently won International Bulk Journal’s best ship loading/unloading system award for 2009; out ...
Friday, 18 December 09
THERMAL COAL PROJECT MOVES AHEAD
A proposal for Australia's largest thermal coal project in Queensland's central west has taken a step forward.
Hancock Prospecting is proposing ...
Friday, 18 December 09
CHURCHILL MINING COMPLETES FEASIBILITY STUDY FOR EAST KUTAI COAL PROJECT
Churchill Mining Plc has announced the completion of the feasibility study for its flagship project, the 75% held East Kutai coal project in Indones ...
Friday, 18 December 09
COKING COAL SHORTAGE IN CHINA TO SPUR DEMAND FIGHT WITH JAPAN
China, the world’s largest steelmaker, faces a shortage of coking coal that may drive imports next year and spur a fight for resources with Ja ...
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- Simpson Spence & Young - Indonesia
- Anglo American - United Kingdom
- VISA Power Limited - India
- Banpu Public Company Limited - Thailand
- Medco Energi Mining Internasional
- Goldman Sachs - Singapore
- Bhushan Steel Limited - India
- Cement Manufacturers Association - India
- Leighton Contractors Pty Ltd - Australia
- OPG Power Generation Pvt Ltd - India
- Electricity Authority, New Zealand
- Interocean Group of Companies - India
- Savvy Resources Ltd - HongKong
- Australian Coal Association
- Petrochimia International Co. Ltd.- Taiwan
- Dalmia Cement Bharat India
- Timah Investasi Mineral - Indoneisa
- Essar Steel Hazira Ltd - India
- Latin American Coal - Colombia
- Central Java Power - Indonesia
- Price Waterhouse Coopers - Russia
- Central Electricity Authority - India
- Commonwealth Bank - Australia
- London Commodity Brokers - England
- Attock Cement Pakistan Limited
- The State Trading Corporation of India Ltd
- Ministry of Finance - Indonesia
- San Jose City I Power Corp, Philippines
- Kaltim Prima Coal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Sree Jayajothi Cements Limited - India
- Bayan Resources Tbk. - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Rashtriya Ispat Nigam Limited - India
- Indika Energy - Indonesia
- Siam City Cement - Thailand
- Renaissance Capital - South Africa
- Sarangani Energy Corporation, Philippines
- Posco Energy - South Korea
- Kalimantan Lumbung Energi - Indonesia
- Bukit Baiduri Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Global Coal Blending Company Limited - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Ind-Barath Power Infra Limited - India
- Cigading International Bulk Terminal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Chamber of Mines of South Africa
- Aditya Birla Group - India
- Intertek Mineral Services - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Indogreen Group - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Bulk Trading Sa - Switzerland
- Electricity Generating Authority of Thailand
- Sojitz Corporation - Japan
- Iligan Light & Power Inc, Philippines
- Bharathi Cement Corporation - India
- Maheswari Brothers Coal Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Thiess Contractors Indonesia
- Altura Mining Limited, Indonesia
- Jaiprakash Power Ventures ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Eastern Coal Council - USA
- Wilmar Investment Holdings
- Trasteel International SA, Italy
- IEA Clean Coal Centre - UK
- GAC Shipping (India) Pvt Ltd
- Holcim Trading Pte Ltd - Singapore
- LBH Netherlands Bv - Netherlands
- New Zealand Coal & Carbon
- Coastal Gujarat Power Limited - India
- Baramulti Group, Indonesia
- Indonesian Coal Mining Association
- Heidelberg Cement - Germany
- White Energy Company Limited
- Energy Link Ltd, New Zealand
- Port Waratah Coal Services - Australia
- International Coal Ventures Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Star Paper Mills Limited - India
- Salva Resources Pvt Ltd - India
- PTC India Limited - India
- Karaikal Port Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Petron Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Malabar Cements Ltd - India
- Ministry of Mines - Canada
- Binh Thuan Hamico - Vietnam
- Barasentosa Lestari - Indonesia
- CNBM International Corporation - China
- Australian Commodity Traders Exchange
- Samtan Co., Ltd - South Korea
- Xindia Steels Limited - India
- Straits Asia Resources Limited - Singapore
- Miang Besar Coal Terminal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Romanian Commodities Exchange
- Power Finance Corporation Ltd., India
- Vedanta Resources Plc - India
- Semirara Mining and Power Corporation, Philippines
- Deloitte Consulting - India
- Videocon Industries ltd - India
- Kartika Selabumi Mining - Indonesia
- Aboitiz Power Corporation - Philippines
- Pendopo Energi Batubara - Indonesia
- Orica Mining Services - Indonesia
- ASAPP Information Group - India
- Therma Luzon, Inc, Philippines
- Ministry of Transport, Egypt
- GVK Power & Infra Limited - India
- Kumho Petrochemical, South Korea
- Kohat Cement Company Ltd. - Pakistan
- Tamil Nadu electricity Board
- Global Business Power Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- The University of Queensland
- Coalindo Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Bukit Makmur.PT - Indonesia
- Georgia Ports Authority, United States
- Larsen & Toubro Limited - India
- Thai Mozambique Logistica
- Kideco Jaya Agung - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mercator Lines Limited - India
- Vizag Seaport Private Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Vijayanagar Sugar Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Formosa Plastics Group - Taiwan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- McConnell Dowell - Australia
- Manunggal Multi Energi - Indonesia
- Jindal Steel & Power Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Merrill Lynch Commodities Europe
- Madhucon Powers Ltd - India
- Uttam Galva Steels Limited - India
- Singapore Mercantile Exchange
- TNB Fuel Sdn Bhd - Malaysia
- Meenaskhi Energy Private Limited - India
- Indian Energy Exchange, India
- Toyota Tsusho Corporation, Japan
- South Luzon Thermal Energy Corporation
- Semirara Mining Corp, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Indian Oil Corporation Limited
- PowerSource Philippines DevCo
- Indo Tambangraya Megah - Indonesia
- MS Steel International - UAE
- Agrawal Coal Company - India
- Sical Logistics Limited - India
- Mjunction Services Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Marubeni Corporation - India
- Bangladesh Power Developement Board
- Energy Development Corp, Philippines
- Bhatia International Limited - India
- Independent Power Producers Association of India
- Oldendorff Carriers - Singapore
- Eastern Energy - Thailand
- CIMB Investment Bank - Malaysia
- Alfred C Toepfer International GmbH - Germany
- India Bulls Power Limited - India
- Carbofer General Trading SA - India
- Coal and Oil Company - UAE
- European Bulk Services B.V. - Netherlands
- TeaM Sual Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- Maharashtra Electricity Regulatory Commission - India
- Kobexindo Tractors - Indoneisa
- Minerals Council of Australia
- Borneo Indobara - Indonesia
- Tata Chemicals Ltd - India
- Sakthi Sugars Limited - India
- Lanco Infratech Ltd - India
- Edison Trading Spa - Italy
- SMC Global Power, Philippines
- Parliament of New Zealand
- Bhoruka Overseas - Indonesia
- Standard Chartered Bank - UAE
- GN Power Mariveles Coal Plant, Philippines
- SMG Consultants - Indonesia
- Gujarat Sidhee Cement - India
- Makarim & Taira - Indonesia
- Meralco Power Generation, Philippines
- Ambuja Cements Ltd - India
- Mercuria Energy - Indonesia
- Grasim Industreis Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Wood Mackenzie - Singapore
- Directorate Of Revenue Intelligence - India
- Africa Commodities Group - South Africa
- GMR Energy Limited - India
- Sindya Power Generating Company Private Ltd
- Riau Bara Harum - Indonesia
- ICICI Bank Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Globalindo Alam Lestari - Indonesia
- The Treasury - Australian Government
- Mintek Dendrill Indonesia
- Orica Australia Pty. Ltd.
- PNOC Exploration Corporation - Philippines
- Planning Commission, India
- Siam City Cement PLC, Thailand
- Parry Sugars Refinery, India
- Rio Tinto Coal - Australia
- Metalloyd Limited - United Kingdom
- Economic Council, Georgia
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