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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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Thursday, 12 November 09
FOREIGN INVESTMENT IN RUSSIAN COAL SECTOR
Reuters reported that, Russia's coal mines, particularly in the Arctic and Far East, are attracting interest from foreign investors as commodity pr ...
Thursday, 12 November 09
BANPU TO INVEST US$ 466 M
Plan targets 33.5m tonnes of coal per year
Bangkok Post reported that, Banpu Plc, Asean's largest coal miner, is planning capital investments of ...
Wednesday, 11 November 09
NORTHSTAR TAKES 40 PER CENT OF INDONESIAN MINING COMPANY
AltAssets reported that, PT Northstar Pacific Partners, the Indonesian affiliate of US private equity firm TPG, has taken a 40 per cent stake in Ind ...
Wednesday, 11 November 09
INDONESIAN COAL MINERS SOLD BIG VOLUMES OF 2010 TO CHINA
* China has scooped up large volumes of Indonesian coal
* Total exports to China in 2010 seen to exceed 20 million T
* Chinese, Indian demand may ...
Wednesday, 11 November 09
INDIAN COAL IMPORT FROM SA IN OCTOBER
Reuters reported that India imported 2.4 million tonnes of coal from South Africa's Richards Bay Coal Terminal in October 2009, 35% of the total of ...
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- Sindya Power Generating Company Private Ltd
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- IEA Clean Coal Centre - UK
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- Indogreen Group - Indonesia
- Indo Tambangraya Megah - Indonesia
- Bhoruka Overseas - Indonesia
- Wood Mackenzie - Singapore
- Meralco Power Generation, Philippines
- LBH Netherlands Bv - Netherlands
- Kepco SPC Power Corporation, Philippines
- Uttam Galva Steels Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Antam Resourcindo - Indonesia
- Marubeni Corporation - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Ind-Barath Power Infra Limited - India
- Planning Commission, India
- Makarim & Taira - Indonesia
- Videocon Industries ltd - India
- International Coal Ventures Pvt Ltd - India
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- Deloitte Consulting - India
- South Luzon Thermal Energy Corporation
- Energy Link Ltd, New Zealand
- ASAPP Information Group - India
- Semirara Mining and Power Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Medco Energi Mining Internasional
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- Iligan Light & Power Inc, Philippines
- Electricity Authority, New Zealand
- Ceylon Electricity Board - Sri Lanka
- Bhatia International Limited - India
- AsiaOL BioFuels Corp., Philippines
- McConnell Dowell - Australia
- Parry Sugars Refinery, India
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- Essar Steel Hazira Ltd - India
- Cement Manufacturers Association - India
- Jindal Steel & Power Ltd - India
- Eastern Energy - Thailand
- Xindia Steels Limited - India
- Thai Mozambique Logistica
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- Manunggal Multi Energi - Indonesia
- Bharathi Cement Corporation - India
- Madhucon Powers Ltd - India
- Savvy Resources Ltd - HongKong
- Meenaskhi Energy Private Limited - India
- Parliament of New Zealand
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- Rio Tinto Coal - Australia
- Jorong Barutama Greston.PT - Indonesia
- Vizag Seaport Private Limited - India
- Tamil Nadu electricity Board
- CIMB Investment Bank - Malaysia
- Karbindo Abesyapradhi - Indoneisa
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- Carbofer General Trading SA - India
- Bukit Baiduri Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- New Zealand Coal & Carbon
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- Chamber of Mines of South Africa
- Indian Oil Corporation Limited
- Binh Thuan Hamico - Vietnam
- India Bulls Power Limited - India
- Renaissance Capital - South Africa
- Georgia Ports Authority, United States
- Kumho Petrochemical, South Korea
- Kohat Cement Company Ltd. - Pakistan
- Therma Luzon, Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Electricity Generating Authority of Thailand
- Holcim Trading Pte Ltd - Singapore
- Bangladesh Power Developement Board
- Jaiprakash Power Ventures ltd
- Edison Trading Spa - Italy
- Toyota Tsusho Corporation, Japan
- Australian Coal Association
- MS Steel International - UAE
- Neyveli Lignite Corporation Ltd, - India
- Aditya Birla Group - India
- PNOC Exploration Corporation - Philippines
- The University of Queensland
- Salva Resources Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Africa Commodities Group - South Africa
- Bukit Makmur.PT - Indonesia
- Coal and Oil Company - UAE
- CNBM International Corporation - China
- Malabar Cements Ltd - India
- Tata Chemicals Ltd - India
- Coastal Gujarat Power Limited - India
- Star Paper Mills Limited - India
- European Bulk Services B.V. - Netherlands
- GVK Power & Infra Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- The Treasury - Australian Government
- The State Trading Corporation of India Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Indian Energy Exchange, India
- OPG Power Generation Pvt Ltd - India
- ICICI Bank Limited - India
- Borneo Indobara - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Banpu Public Company Limited - Thailand
- Coalindo Energy - Indonesia
- Larsen & Toubro Limited - India
- Merrill Lynch Commodities Europe
- Directorate Of Revenue Intelligence - India
- Trasteel International SA, Italy
- Global Coal Blending Company Limited - Australia
- Formosa Plastics Group - Taiwan
- Mercator Lines Limited - India
- Straits Asia Resources Limited - Singapore
- Ministry of Transport, Egypt
- Port Waratah Coal Services - Australia
- GMR Energy Limited - India
- Timah Investasi Mineral - Indoneisa
- Sojitz Corporation - Japan
- PTC India Limited - India
- Bhushan Steel Limited - India
- Lanco Infratech Ltd - India
- Altura Mining Limited, Indonesia
- Goldman Sachs - Singapore
- Mjunction Services Limited - India
- Oldendorff Carriers - Singapore
- IHS Mccloskey Coal Group - USA
- SMC Global Power, Philippines
- Bulk Trading Sa - Switzerland
- Posco Energy - South Korea
- Kobexindo Tractors - Indoneisa
- Riau Bara Harum - Indonesia
- Standard Chartered Bank - UAE
- Mercuria Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
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- SN Aboitiz Power Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Ministry of Finance - Indonesia
- Barasentosa Lestari - Indonesia
- Minerals Council of Australia
- Orica Mining Services - Indonesia
- Commonwealth Bank - Australia
- Romanian Commodities Exchange
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Karaikal Port Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- San Jose City I Power Corp, Philippines
- Bayan Resources Tbk. - Indonesia
- Dalmia Cement Bharat India
- Sarangani Energy Corporation, Philippines
- Petron Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Baramulti Group, Indonesia
- Indonesian Coal Mining Association
- Australian Commodity Traders Exchange
- SMG Consultants - Indonesia
- Heidelberg Cement - Germany
- Kapuas Tunggal Persada - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Mines - Canada
- Singapore Mercantile Exchange
- Independent Power Producers Association of India
- Vedanta Resources Plc - India
- Orica Australia Pty. Ltd.
- Directorate General of MIneral and Coal - Indonesia
- Thiess Contractors Indonesia
- Anglo American - United Kingdom
- Economic Council, Georgia
- PowerSource Philippines DevCo
- Mintek Dendrill Indonesia
- Sinarmas Energy and Mining - Indonesia
- Attock Cement Pakistan Limited
- Interocean Group of Companies - India
- Siam City Cement PLC, Thailand
- Global Business Power Corporation, Philippines
- Sakthi Sugars Limited - India
- Energy Development Corp, Philippines
- Miang Besar Coal Terminal - Indonesia
- Siam City Cement - Thailand
- Billiton Holdings Pty Ltd - Australia
- Wilmar Investment Holdings
- Pendopo Energi Batubara - Indonesia
- Eastern Coal Council - USA
- VISA Power Limited - India
- Sree Jayajothi Cements Limited - India
- Metalloyd Limited - United Kingdom
- Samtan Co., Ltd - South Korea
- Globalindo Alam Lestari - Indonesia
- Global Green Power PLC Corporation, Philippines
- White Energy Company Limited
- Maheswari Brothers Coal Limited - India
- Gujarat Sidhee Cement - India
- Cigading International Bulk Terminal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Kideco Jaya Agung - Indonesia
- London Commodity Brokers - England
- TeaM Sual Corporation - Philippines
- Latin American Coal - Colombia
- Sical Logistics Limited - India
- Ambuja Cements Ltd - India
- Power Finance Corporation Ltd., India
- Alfred C Toepfer International GmbH - Germany
- Bukit Asam (Persero) Tbk - Indonesia
- Rashtriya Ispat Nigam Limited - India
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