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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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Wednesday, 16 December 09
COAL MARKETS 2010 CONFERENCE - PRESS RELEASE
COALspot.com (Singapore) Press Release – Back for the 8th year, Coal Markets 2010 will be taking place in Singapore on 28 – 29 Jan ...
Wednesday, 16 December 09
CHINA 2010 COAL TERM PRICES SEEN RISING 8% ON YEAR
Term prices of thermal coal for 2010 in China are expected to rise about 8 percent from this year's levels, as demand for power has been roaring ba ...
Wednesday, 16 December 09
KANGAROO RESOURCES TO ACQUIRE INDONESIAN COAL INTERESTS
Emerging coal producer Kangaroo Resources has significantly enhanced its production pipeline in Indonesia after reaching agreement to acquire a coki ...
Wednesday, 16 December 09
UAE'S RAS AL KHAIMAH TO INVEST $5.2B IN EAST KALIMANTAN PROJECT
Shrugging off neighbor Dubai’s debt problems, the smaller United Arab Emirate of Ras Al Khaimah announced on Tuesday that it would increase it ...
Wednesday, 16 December 09
COECLERICI EYES SECOND RUSSIA COAL MINE
* CEO says "seriously considering" mid-small size purchase
* Will use mine to increase exports to Asia
* Says delays at ports will not c ...
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- Meralco Power Generation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Straits Asia Resources Limited - Singapore
- OPG Power Generation Pvt Ltd - India
- Grasim Industreis Ltd - India
- Interocean Group of Companies - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Borneo Indobara - Indonesia
- Bayan Resources Tbk. - Indonesia
- Jaiprakash Power Ventures ltd
- McConnell Dowell - Australia
- Karaikal Port Pvt Ltd - India
- Attock Cement Pakistan Limited
- Dalmia Cement Bharat India
- India Bulls Power Limited - India
- Edison Trading Spa - Italy
- Ambuja Cements Ltd - India
- Lanco Infratech Ltd - India
- Bhushan Steel Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Chamber of Mines of South Africa
- Sical Logistics Limited - India
- Maheswari Brothers Coal Limited - India
- Australian Coal Association
- Kumho Petrochemical, South Korea
- Independent Power Producers Association of India
- Trasteel International SA, Italy
- Commonwealth Bank - Australia
- Kaltim Prima Coal - Indonesia
- Eastern Energy - Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Central Electricity Authority - India
- Mercator Lines Limited - India
- Ministry of Mines - Canada
- Electricity Generating Authority of Thailand
- Toyota Tsusho Corporation, Japan
- Meenaskhi Energy Private Limited - India
- Semirara Mining and Power Corporation, Philippines
- Mercuria Energy - Indonesia
- Uttam Galva Steels Limited - India
- Global Green Power PLC Corporation, Philippines
- Bhatia International Limited - India
- Semirara Mining Corp, Philippines
- San Jose City I Power Corp, Philippines
- Larsen & Toubro Limited - India
- Bangladesh Power Developement Board
- Indo Tambangraya Megah - Indonesia
- IHS Mccloskey Coal Group - USA
- Latin American Coal - Colombia
- Orica Mining Services - Indonesia
- Indonesian Coal Mining Association
- The State Trading Corporation of India Ltd
- Alfred C Toepfer International GmbH - Germany
- VISA Power Limited - India
- Carbofer General Trading SA - India
- Vedanta Resources Plc - India
- ICICI Bank Limited - India
- Kapuas Tunggal Persada - Indonesia
- Africa Commodities Group - South Africa
- Sinarmas Energy and Mining - Indonesia
- Formosa Plastics Group - Taiwan
- Standard Chartered Bank - UAE
- GAC Shipping (India) Pvt Ltd
- Marubeni Corporation - India
- Karbindo Abesyapradhi - Indoneisa
- Siam City Cement PLC, Thailand
- Global Business Power Corporation, Philippines
- Goldman Sachs - Singapore
- Timah Investasi Mineral - Indoneisa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Tamil Nadu electricity Board
- Indian Energy Exchange, India
- Holcim Trading Pte Ltd - Singapore
- Iligan Light & Power Inc, Philippines
- Wood Mackenzie - Singapore
- Simpson Spence & Young - Indonesia
- Parliament of New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Economic Council, Georgia
- Maharashtra Electricity Regulatory Commission - India
- Bharathi Cement Corporation - India
- Riau Bara Harum - Indonesia
- Thiess Contractors Indonesia
- Indian Oil Corporation Limited
- Bukit Makmur.PT - Indonesia
- Coalindo Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Sakthi Sugars Limited - India
- New Zealand Coal & Carbon
- Rashtriya Ispat Nigam Limited - India
- Tata Chemicals Ltd - India
- Gujarat Sidhee Cement - India
- Kobexindo Tractors - Indoneisa
- Malabar Cements Ltd - India
- SN Aboitiz Power Inc, Philippines
- Merrill Lynch Commodities Europe
- Renaissance Capital - South Africa
- Kartika Selabumi Mining - Indonesia
- The Treasury - Australian Government
- Oldendorff Carriers - Singapore
- Ceylon Electricity Board - Sri Lanka
- PTC India Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Bulk Trading Sa - Switzerland
- Parry Sugars Refinery, India
- Global Coal Blending Company Limited - Australia
- Ministry of Finance - Indonesia
- Indogreen Group - Indonesia
- Intertek Mineral Services - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Xindia Steels Limited - India
- SMG Consultants - Indonesia
- Ministry of Transport, Egypt
- Georgia Ports Authority, United States
- Medco Energi Mining Internasional
- Central Java Power - Indonesia
- Pendopo Energi Batubara - Indonesia
- Ind-Barath Power Infra Limited - India
- Essar Steel Hazira Ltd - India
- South Luzon Thermal Energy Corporation
- Aditya Birla Group - India
- PNOC Exploration Corporation - Philippines
- Makarim & Taira - Indonesia
- Sojitz Corporation - Japan
- SMC Global Power, Philippines
- Binh Thuan Hamico - Vietnam
- Orica Australia Pty. Ltd.
- Singapore Mercantile Exchange
- Pipit Mutiara Jaya. PT, Indonesia
- Thai Mozambique Logistica
- Romanian Commodities Exchange
- Minerals Council of Australia
- Anglo American - United Kingdom
- Antam Resourcindo - Indonesia
- TeaM Sual Corporation - Philippines
- Deloitte Consulting - India
- Sindya Power Generating Company Private Ltd
- Mjunction Services Limited - India
- Therma Luzon, Inc, Philippines
- Metalloyd Limited - United Kingdom
- Salva Resources Pvt Ltd - India
- Mintek Dendrill Indonesia
- GVK Power & Infra Limited - India
- Rio Tinto Coal - Australia
- MS Steel International - UAE
- CNBM International Corporation - China
- Sree Jayajothi Cements Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GMR Energy Limited - India
- Gujarat Electricity Regulatory Commission - India
- Leighton Contractors Pty Ltd - Australia
- Jorong Barutama Greston.PT - Indonesia
- Electricity Authority, New Zealand
- Petrochimia International Co. Ltd.- Taiwan
- AsiaOL BioFuels Corp., Philippines
- Posco Energy - South Korea
- Cement Manufacturers Association - India
- Bhoruka Overseas - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Siam City Cement - Thailand
- Energy Link Ltd, New Zealand
- CIMB Investment Bank - Malaysia
- Bukit Baiduri Energy - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Samtan Co., Ltd - South Korea
- Directorate Of Revenue Intelligence - India
- Star Paper Mills Limited - India
- PowerSource Philippines DevCo
- Billiton Holdings Pty Ltd - Australia
- Altura Mining Limited, Indonesia
- Planning Commission, India
- Agrawal Coal Company - India
- Madhucon Powers Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Indika Energy - Indonesia
- Petron Corporation, Philippines
- Videocon Industries ltd - India
- Baramulti Group, Indonesia
- Price Waterhouse Coopers - Russia
- Coastal Gujarat Power Limited - India
- Coal and Oil Company - UAE
- The University of Queensland
- Kepco SPC Power Corporation, Philippines
- Wilmar Investment Holdings
- IEA Clean Coal Centre - UK
- Bank of Tokyo Mitsubishi UFJ Ltd
- Globalindo Alam Lestari - Indonesia
- Heidelberg Cement - Germany
- Krishnapatnam Port Company Ltd. - India
- LBH Netherlands Bv - Netherlands
- Chettinad Cement Corporation Ltd - India
- Cigading International Bulk Terminal - Indonesia
- White Energy Company Limited
- Aboitiz Power Corporation - Philippines
- Eastern Coal Council - USA
- London Commodity Brokers - England
- Vizag Seaport Private Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Manunggal Multi Energi - Indonesia
- Port Waratah Coal Services - Australia
- Banpu Public Company Limited - Thailand
- Savvy Resources Ltd - HongKong
- Australian Commodity Traders Exchange
- European Bulk Services B.V. - Netherlands
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Barasentosa Lestari - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Jindal Steel & Power Ltd - India
- Power Finance Corporation Ltd., India
- Kideco Jaya Agung - Indonesia
- Energy Development Corp, Philippines
- ASAPP Information Group - India
- International Coal Ventures Pvt Ltd - India
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