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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, 25 November 09
NAPOCOR SCRAPS AWARD OF 715,000 TONS COAL
Top Philippine electricity producer National Power Corp. (Napocor) said on Wednesday it had cancelled plans to award 715,000 tons in coal supply con ...
Wednesday, 25 November 09
RISING FREIGHT RATES HIT COAL IMPORTERS
While state-owned NTPC’s 12.5 million tonne coal import order may have been aimed at plugging the shortage of coal at its thermal power plants ...
Wednesday, 25 November 09
CSN TO BUY RIVERSDALE STAKE TO BOOST COAL SUPPLIES
Cia. Siderurgica Nacional SA plans to buy 16.3 percent of Australian coal-exploration company Riversdale Mining Ltd. for about A$190.5 million ($175 ...
Tuesday, 24 November 09
ICRA DOWNGRADES TNPL`S RATING TO LAA
Credit rating agency, ICRA has revised the long term rating for the Rs 11.25 billion long-term fund-based bank facilities and Rs 1.5 billion non-con ...
Monday, 23 November 09
INDONESIA MINING RULE THREATENS INVESTMENT DRIVE
A new Indonesian mining rule, limiting contract work that can be outsourced and favouring local players, is shaping up as a new blow to plans ...
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- Ambuja Cements Ltd - India
- Kapuas Tunggal Persada - Indonesia
- CNBM International Corporation - China
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- Gujarat Mineral Development Corp Ltd - India
- PNOC Exploration Corporation - Philippines
- Siam City Cement PLC, Thailand
- Kepco SPC Power Corporation, Philippines
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- Samtan Co., Ltd - South Korea
- Africa Commodities Group - South Africa
- Malabar Cements Ltd - India
- Manunggal Multi Energi - Indonesia
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- Bharathi Cement Corporation - India
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- Indian Energy Exchange, India
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- Thiess Contractors Indonesia
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- Goldman Sachs - Singapore
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- Standard Chartered Bank - UAE
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- Sree Jayajothi Cements Limited - India
- Xindia Steels Limited - India
- Billiton Holdings Pty Ltd - Australia
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- ASAPP Information Group - India
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- GAC Shipping (India) Pvt Ltd
- Economic Council, Georgia
- Kumho Petrochemical, South Korea
- Pipit Mutiara Jaya. PT, Indonesia
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- Offshore Bulk Terminal Pte Ltd, Singapore
- GVK Power & Infra Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- IHS Mccloskey Coal Group - USA
- Barasentosa Lestari - Indonesia
- San Jose City I Power Corp, Philippines
- Holcim Trading Pte Ltd - Singapore
- Leighton Contractors Pty Ltd - Australia
- Ministry of Transport, Egypt
- Trasteel International SA, Italy
- Indonesian Coal Mining Association
- Independent Power Producers Association of India
- PetroVietnam Power Coal Import and Supply Company
- Binh Thuan Hamico - Vietnam
- Neyveli Lignite Corporation Ltd, - India
- Indika Energy - Indonesia
- Jaiprakash Power Ventures ltd
- Orica Australia Pty. Ltd.
- Parliament of New Zealand
- Simpson Spence & Young - Indonesia
- Tamil Nadu electricity Board
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- ICICI Bank Limited - India
- Medco Energi Mining Internasional
- Intertek Mineral Services - Indonesia
- The Treasury - Australian Government
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- Heidelberg Cement - Germany
- Global Green Power PLC Corporation, Philippines
- Riau Bara Harum - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PTC India Limited - India
- Savvy Resources Ltd - HongKong
- Eastern Coal Council - USA
- European Bulk Services B.V. - Netherlands
- Port Waratah Coal Services - Australia
- Salva Resources Pvt Ltd - India
- Meralco Power Generation, Philippines
- Kobexindo Tractors - Indoneisa
- Bukit Baiduri Energy - Indonesia
- Jindal Steel & Power Ltd - India
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- South Luzon Thermal Energy Corporation
- Gujarat Electricity Regulatory Commission - India
- Metalloyd Limited - United Kingdom
- TeaM Sual Corporation - Philippines
- Renaissance Capital - South Africa
- White Energy Company Limited
- Vijayanagar Sugar Pvt Ltd - India
- Baramulti Group, Indonesia
- Minerals Council of Australia
- IEA Clean Coal Centre - UK
- Australian Commodity Traders Exchange
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- Merrill Lynch Commodities Europe
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- Global Business Power Corporation, Philippines
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- Dalmia Cement Bharat India
- Vizag Seaport Private Limited - India
- Attock Cement Pakistan Limited
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- Semirara Mining Corp, Philippines
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- London Commodity Brokers - England
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Karbindo Abesyapradhi - Indoneisa
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- Makarim & Taira - Indonesia
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- Karaikal Port Pvt Ltd - India
- SMC Global Power, Philippines
- MS Steel International - UAE
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- Therma Luzon, Inc, Philippines
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- Videocon Industries ltd - India
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- PowerSource Philippines DevCo
- Chamber of Mines of South Africa
- VISA Power Limited - India
- Commonwealth Bank - Australia
- GN Power Mariveles Coal Plant, Philippines
- Sojitz Corporation - Japan
- The University of Queensland
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- Directorate Of Revenue Intelligence - India
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- Bhatia International Limited - India
- Maheswari Brothers Coal Limited - India
- Alfred C Toepfer International GmbH - Germany
- Gujarat Sidhee Cement - India
- Aditya Birla Group - India
- Krishnapatnam Port Company Ltd. - India
- GMR Energy Limited - India
- CIMB Investment Bank - Malaysia
- Edison Trading Spa - Italy
- Straits Asia Resources Limited - Singapore
- Bhoruka Overseas - Indonesia
- Bulk Trading Sa - Switzerland
- Rio Tinto Coal - Australia
- Singapore Mercantile Exchange
- Star Paper Mills Limited - India
- Ministry of Finance - Indonesia
- SN Aboitiz Power Inc, Philippines
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