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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, 29 October 09
PTC INDIA UNIT CHASES 2.5 MTPA INDONESIAN COAL
Reuters reported that, PTC Energy is in talks with an Indonesian firm to source 2.5 million tonnes per annum (MTPA) coal for its 350-400 MW power to ...
Thursday, 29 October 09
CHINA MAY SEEK THERMAL COAL ELSEWHERE IF AUSTRALIAN EXPORT COSTS RISE, SAYS REPORT
The Australian reported that, CHINA is likely to turn to alternative markets for thermal coal if the cost and availability of Australia's exports a ...
Thursday, 29 October 09
CURRENCIES, ASIA DEMAND TO LIFT EUROPE COAL PRICE
Supportive currency movements and strong Asian demand mean the price of coal delivered into Europe is poised to rise more than 30 percent to above $ ...
Wednesday, 28 October 09
AUSTRALIAN POWER STATION COAL PRICE TOPPED USD 73 A TONNE
Reuters reported that prices of power station coal in Australia, a benchmark for Asia, crept up for the fourth week and topped USD 73 a tonne, as a ...
Wednesday, 28 October 09
MIDDLE EAST COAL EYEING INDIAN POWER PLANTS IN EXCHANGE FOR LONG TERM COAL SUPPLY
Reuters reported that UAE's Middle East Coal is in talks to buy equity stakes in India's power plants in exchange for long term coal supply.
ME ...
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- Price Waterhouse Coopers - Russia
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- Global Business Power Corporation, Philippines
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- Malabar Cements Ltd - India
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- European Bulk Services B.V. - Netherlands
- Posco Energy - South Korea
- Central Electricity Authority - India
- Electricity Generating Authority of Thailand
- Bhatia International Limited - India
- Goldman Sachs - Singapore
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- Eastern Energy - Thailand
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- Indian Oil Corporation Limited
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- Ministry of Finance - Indonesia
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- Kohat Cement Company Ltd. - Pakistan
- Eastern Coal Council - USA
- ICICI Bank Limited - India
- Formosa Plastics Group - Taiwan
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- Antam Resourcindo - Indonesia
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- Gujarat Mineral Development Corp Ltd - India
- The State Trading Corporation of India Ltd
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- GMR Energy Limited - India
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- Indonesian Coal Mining Association
- Australian Commodity Traders Exchange
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- Indian Energy Exchange, India
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- Orica Australia Pty. Ltd.
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- Thiess Contractors Indonesia
- Sojitz Corporation - Japan
- PetroVietnam Power Coal Import and Supply Company
- The Treasury - Australian Government
- Chamber of Mines of South Africa
- Globalindo Alam Lestari - Indonesia
- India Bulls Power Limited - India
- Meenaskhi Energy Private Limited - India
- Mjunction Services Limited - India
- Videocon Industries ltd - India
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- Banpu Public Company Limited - Thailand
- Semirara Mining Corp, Philippines
- SMG Consultants - Indonesia
- Coastal Gujarat Power Limited - India
- Africa Commodities Group - South Africa
- Electricity Authority, New Zealand
- Star Paper Mills Limited - India
- Mercator Lines Limited - India
- Sarangani Energy Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- New Zealand Coal & Carbon
- ASAPP Information Group - India
- SMC Global Power, Philippines
- Gujarat Electricity Regulatory Commission - India
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Gujarat Sidhee Cement - India
- Petron Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Coal and Oil Company - UAE
- Bhushan Steel Limited - India
- Ministry of Mines - Canada
- Standard Chartered Bank - UAE
- Meralco Power Generation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- White Energy Company Limited
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- CIMB Investment Bank - Malaysia
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- Kideco Jaya Agung - Indonesia
- Altura Mining Limited, Indonesia
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- IEA Clean Coal Centre - UK
- Kaltim Prima Coal - Indonesia
- Energy Link Ltd, New Zealand
- GAC Shipping (India) Pvt Ltd
- Bulk Trading Sa - Switzerland
- Trasteel International SA, Italy
- Kobexindo Tractors - Indoneisa
- Indo Tambangraya Megah - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Central Java Power - Indonesia
- Port Waratah Coal Services - Australia
- Australian Coal Association
- Parliament of New Zealand
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- Asmin Koalindo Tuhup - Indonesia
- PNOC Exploration Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- Cement Manufacturers Association - India
- Siam City Cement PLC, Thailand
- Pendopo Energi Batubara - Indonesia
- Commonwealth Bank - Australia
- Vedanta Resources Plc - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kalimantan Lumbung Energi - Indonesia
- Barasentosa Lestari - Indonesia
- Straits Asia Resources Limited - Singapore
- Romanian Commodities Exchange
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- Samtan Co., Ltd - South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- Singapore Mercantile Exchange
- Karbindo Abesyapradhi - Indoneisa
- Bhoruka Overseas - Indonesia
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- Jorong Barutama Greston.PT - Indonesia
- Therma Luzon, Inc, Philippines
- London Commodity Brokers - England
- Economic Council, Georgia
- Kapuas Tunggal Persada - Indonesia
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- International Coal Ventures Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Metalloyd Limited - United Kingdom
- Sakthi Sugars Limited - India
- Miang Besar Coal Terminal - Indonesia
- LBH Netherlands Bv - Netherlands
- Directorate General of MIneral and Coal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Indogreen Group - Indonesia
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- Kumho Petrochemical, South Korea
- Independent Power Producers Association of India
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- TNB Fuel Sdn Bhd - Malaysia
- Holcim Trading Pte Ltd - Singapore
- Grasim Industreis Ltd - India
- Borneo Indobara - Indonesia
- Bukit Makmur.PT - Indonesia
- Planning Commission, India
- Iligan Light & Power Inc, Philippines
- VISA Power Limited - India
- Sical Logistics Limited - India
- Aditya Birla Group - India
- Interocean Group of Companies - India
- Maheswari Brothers Coal Limited - India
- Jindal Steel & Power Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
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- AsiaOL BioFuels Corp., Philippines
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- Georgia Ports Authority, United States
- Timah Investasi Mineral - Indoneisa
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- Mintek Dendrill Indonesia
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