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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, 30 November 09
INDIA UTILITIES MOVE TO COAL INDEX - PRICING
Indian state utilities are leading a switch to coal index-linked pricing from fixed prices to secure imports and to be visibly paying fair market pr ...
Monday, 30 November 09
RECAPITAL TO ACQUIRE BERAU COAL
Unlisted Indonesian coal producer Berau will redeem outstanding bonds before the acquisition by Recapital Advisers is completed by the end of this y ...
Friday, 27 November 09
IMPORTING LIGNITE INTO COAL RICH KOSOVO
Balkan Insight has discovered that one of Kosovo’s biggest firms is being forced to import lignite from Malaysia and Indonesia, despite estima ...
Friday, 27 November 09
SOUTH AFRICA STILL TOPS IN COAL EXPORT RANKINGS
Mining Weekly reported that, Despite significant coal-mining capacity recently discovered in the Southern African region, according to senior coal a ...
Friday, 27 November 09
BHP SEEKS VARIABLE COKING COAL PRICE IN JAPAN, NIKKEI SAYS
Bloomberg reproted that, BHP Billiton Ltd. has asked Japanese steelmakers to move to pricing of coking coal linked to spot rates rather than negotia ...
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- PTC India Limited - India
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- Mercator Lines Limited - India
- Alfred C Toepfer International GmbH - Germany
- Banpu Public Company Limited - Thailand
- Eastern Coal Council - USA
- Marubeni Corporation - India
- India Bulls Power Limited - India
- European Bulk Services B.V. - Netherlands
- Electricity Generating Authority of Thailand
- Leighton Contractors Pty Ltd - Australia
- Coastal Gujarat Power Limited - India
- Sarangani Energy Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Merrill Lynch Commodities Europe
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- AsiaOL BioFuels Corp., Philippines
- Samtan Co., Ltd - South Korea
- Edison Trading Spa - Italy
- TNB Fuel Sdn Bhd - Malaysia
- Karaikal Port Pvt Ltd - India
- Grasim Industreis Ltd - India
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- Global Green Power PLC Corporation, Philippines
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- The State Trading Corporation of India Ltd
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- Barasentosa Lestari - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- White Energy Company Limited
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- Ministry of Mines - Canada
- Gujarat Electricity Regulatory Commission - India
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- PetroVietnam Power Coal Import and Supply Company
- Energy Link Ltd, New Zealand
- Renaissance Capital - South Africa
- Kumho Petrochemical, South Korea
- Romanian Commodities Exchange
- Standard Chartered Bank - UAE
- McConnell Dowell - Australia
- Oldendorff Carriers - Singapore
- Straits Asia Resources Limited - Singapore
- Mjunction Services Limited - India
- Agrawal Coal Company - India
- Indian Oil Corporation Limited
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- Makarim & Taira - Indonesia
- Indogreen Group - Indonesia
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- Baramulti Group, Indonesia
- Thiess Contractors Indonesia
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- IEA Clean Coal Centre - UK
- Wood Mackenzie - Singapore
- Anglo American - United Kingdom
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Global Business Power Corporation, Philippines
- GVK Power & Infra Limited - India
- CIMB Investment Bank - Malaysia
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- Larsen & Toubro Limited - India
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- Aditya Birla Group - India
- Vijayanagar Sugar Pvt Ltd - India
- Indonesian Coal Mining Association
- Bulk Trading Sa - Switzerland
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- Heidelberg Cement - Germany
- Medco Energi Mining Internasional
- GAC Shipping (India) Pvt Ltd
- Toyota Tsusho Corporation, Japan
- Petron Corporation, Philippines
- Carbofer General Trading SA - India
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- Interocean Group of Companies - India
- Mintek Dendrill Indonesia
- Sinarmas Energy and Mining - Indonesia
- Energy Development Corp, Philippines
- Bhatia International Limited - India
- Attock Cement Pakistan Limited
- Singapore Mercantile Exchange
- Siam City Cement - Thailand
- Georgia Ports Authority, United States
- Minerals Council of Australia
- Indian Energy Exchange, India
- Maharashtra Electricity Regulatory Commission - India
- Sical Logistics Limited - India
- Meralco Power Generation, Philippines
- ICICI Bank Limited - India
- IHS Mccloskey Coal Group - USA
- Therma Luzon, Inc, Philippines
- Cement Manufacturers Association - India
- Posco Energy - South Korea
- Videocon Industries ltd - India
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- Pendopo Energi Batubara - Indonesia
- Orica Australia Pty. Ltd.
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- Australian Commodity Traders Exchange
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- SMG Consultants - Indonesia
- Formosa Plastics Group - Taiwan
- Chettinad Cement Corporation Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Ambuja Cements Ltd - India
- Coal and Oil Company - UAE
- Bhoruka Overseas - Indonesia
- Kepco SPC Power Corporation, Philippines
- Commonwealth Bank - Australia
- Indika Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Economic Council, Georgia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Cigading International Bulk Terminal - Indonesia
- Binh Thuan Hamico - Vietnam
- South Luzon Thermal Energy Corporation
- Dalmia Cement Bharat India
- Directorate Of Revenue Intelligence - India
- Eastern Energy - Thailand
- OPG Power Generation Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Ministry of Finance - Indonesia
- Manunggal Multi Energi - Indonesia
- Central Electricity Authority - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Aboitiz Power Corporation - Philippines
- Uttam Galva Steels Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Riau Bara Harum - Indonesia
- MS Steel International - UAE
- Malabar Cements Ltd - India
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- Tamil Nadu electricity Board
- Meenaskhi Energy Private Limited - India
- Central Java Power - Indonesia
- The Treasury - Australian Government
- The University of Queensland
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- Jaiprakash Power Ventures ltd
- Kobexindo Tractors - Indoneisa
- New Zealand Coal & Carbon
- Port Waratah Coal Services - Australia
- VISA Power Limited - India
- Trasteel International SA, Italy
- Sojitz Corporation - Japan
- Parliament of New Zealand
- Star Paper Mills Limited - India
- Xindia Steels Limited - India
- Australian Coal Association
- Salva Resources Pvt Ltd - India
- Coalindo Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- Latin American Coal - Colombia
- Mercuria Energy - Indonesia
- Deloitte Consulting - India
- Semirara Mining Corp, Philippines
- Antam Resourcindo - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Rashtriya Ispat Nigam Limited - India
- Metalloyd Limited - United Kingdom
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Globalindo Alam Lestari - Indonesia
- Planning Commission, India
- Electricity Authority, New Zealand
- Kapuas Tunggal Persada - Indonesia
- Goldman Sachs - Singapore
- Price Waterhouse Coopers - Russia
- Pipit Mutiara Jaya. PT, Indonesia
- Rio Tinto Coal - Australia
- Intertek Mineral Services - Indonesia
- Africa Commodities Group - South Africa
- Bharathi Cement Corporation - India
- Miang Besar Coal Terminal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- International Coal Ventures Pvt Ltd - India
- London Commodity Brokers - England
- Vedanta Resources Plc - India
- Power Finance Corporation Ltd., India
- SMC Global Power, Philippines
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- Chamber of Mines of South Africa
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