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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, 24 September 09
S.KOREA HYUNDAI STEEL TO BUY COAL FROM SIBERIA
Reuters reported that, South Korea's Hyundai Steel said on Wednesday it will buy a maximum of 300,000 tonnes of coal per year from Siberian Anthrac ...
Thursday, 24 September 09
NO IMPORTED COAL-BASED UMPPS: TATA POWER
Will wait until policy environment becomes more favourable.
Business Standard reported that, Tata Power Company (TPC), India’s largest priv ...
Thursday, 24 September 09
BUMI RAISES $1.9 BILLION SELLING DEBT TO CHINA'S CIC
Bloomberg reported that, PT Bumi Resources, Indonesia’s biggest coal producer, said it raised $1.9 billion selling debt to China’s sover ...
Thursday, 24 September 09
MACQUARIE DOWNGRADES U.S. COAL SECTOR TO NEUTRAL
Reuters reported that, Macquarie Research downgraded the U.S. coal sector to "neutral" from "overweight" as it believes that dem ...
Thursday, 24 September 09
CHINA WILL BE IMPORTER OF COKING COAL NEXT YEAR, MCCLOSKEY SAYS
Bloomberg reported that, China, the world’s largest coal user and producer, will remain an importer of the fuel through next year, according t ...
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- Asmin Koalindo Tuhup - Indonesia
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- ICICI Bank Limited - India
- San Jose City I Power Corp, Philippines
- Tata Chemicals Ltd - India
- TeaM Sual Corporation - Philippines
- Eastern Energy - Thailand
- Bangladesh Power Developement Board
- The University of Queensland
- Indonesian Coal Mining Association
- Videocon Industries ltd - India
- Directorate General of MIneral and Coal - Indonesia
- VISA Power Limited - India
- Sinarmas Energy and Mining - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Bhatia International Limited - India
- Altura Mining Limited, Indonesia
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- Posco Energy - South Korea
- Larsen & Toubro Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
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- IHS Mccloskey Coal Group - USA
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- Siam City Cement - Thailand
- Goldman Sachs - Singapore
- Samtan Co., Ltd - South Korea
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- Global Coal Blending Company Limited - Australia
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- SN Aboitiz Power Inc, Philippines
- Orica Mining Services - Indonesia
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- Australian Commodity Traders Exchange
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- Edison Trading Spa - Italy
- Salva Resources Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
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- Metalloyd Limited - United Kingdom
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- Global Green Power PLC Corporation, Philippines
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- Simpson Spence & Young - Indonesia
- Jaiprakash Power Ventures ltd
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- Mintek Dendrill Indonesia
- Alfred C Toepfer International GmbH - Germany
- Standard Chartered Bank - UAE
- GVK Power & Infra Limited - India
- SMC Global Power, Philippines
- Leighton Contractors Pty Ltd - Australia
- McConnell Dowell - Australia
- Xindia Steels Limited - India
- Malabar Cements Ltd - India
- GAC Shipping (India) Pvt Ltd
- Ind-Barath Power Infra Limited - India
- Indogreen Group - Indonesia
- Toyota Tsusho Corporation, Japan
- Mjunction Services Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- India Bulls Power Limited - India
- Coastal Gujarat Power Limited - India
- Savvy Resources Ltd - HongKong
- Kaltim Prima Coal - Indonesia
- Bayan Resources Tbk. - Indonesia
- Tamil Nadu electricity Board
- Energy Development Corp, Philippines
- Merrill Lynch Commodities Europe
- Directorate Of Revenue Intelligence - India
- New Zealand Coal & Carbon
- PowerSource Philippines DevCo
- Trasteel International SA, Italy
- Offshore Bulk Terminal Pte Ltd, Singapore
- Baramulti Group, Indonesia
- PTC India Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Aboitiz Power Corporation - Philippines
- Electricity Authority, New Zealand
- Riau Bara Harum - Indonesia
- Straits Asia Resources Limited - Singapore
- Semirara Mining Corp, Philippines
- Semirara Mining and Power Corporation, Philippines
- Economic Council, Georgia
- Marubeni Corporation - India
- Agrawal Coal Company - India
- Gujarat Mineral Development Corp Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
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- Manunggal Multi Energi - Indonesia
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- Mercuria Energy - Indonesia
- Thiess Contractors Indonesia
- Ministry of Mines - Canada
- The State Trading Corporation of India Ltd
- Maheswari Brothers Coal Limited - India
- LBH Netherlands Bv - Netherlands
- Thai Mozambique Logistica
- Pipit Mutiara Jaya. PT, Indonesia
- Anglo American - United Kingdom
- Electricity Generating Authority of Thailand
- Miang Besar Coal Terminal - Indonesia
- Heidelberg Cement - Germany
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- Sindya Power Generating Company Private Ltd
- Banpu Public Company Limited - Thailand
- Port Waratah Coal Services - Australia
- Romanian Commodities Exchange
- Neyveli Lignite Corporation Ltd, - India
- Central Java Power - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- Iligan Light & Power Inc, Philippines
- Price Waterhouse Coopers - Russia
- Medco Energi Mining Internasional
- Eastern Coal Council - USA
- Bhoruka Overseas - Indonesia
- Formosa Plastics Group - Taiwan
- Central Electricity Authority - India
- GMR Energy Limited - India
- Lanco Infratech Ltd - India
- Mercator Lines Limited - India
- Indian Oil Corporation Limited
- Sree Jayajothi Cements Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Parry Sugars Refinery, India
- South Luzon Thermal Energy Corporation
- Cement Manufacturers Association - India
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- Ambuja Cements Ltd - India
- Wilmar Investment Holdings
- Sarangani Energy Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Parliament of New Zealand
- Independent Power Producers Association of India
- White Energy Company Limited
- PNOC Exploration Corporation - Philippines
- Rio Tinto Coal - Australia
- Petron Corporation, Philippines
- Orica Australia Pty. Ltd.
- Coalindo Energy - Indonesia
- Madhucon Powers Ltd - India
- Wood Mackenzie - Singapore
- Minerals Council of Australia
- Latin American Coal - Colombia
- Deloitte Consulting - India
- European Bulk Services B.V. - Netherlands
- Sojitz Corporation - Japan
- IEA Clean Coal Centre - UK
- OPG Power Generation Pvt Ltd - India
- Meralco Power Generation, Philippines
- Indika Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Renaissance Capital - South Africa
- Bukit Baiduri Energy - Indonesia
- Gujarat Sidhee Cement - India
- Attock Cement Pakistan Limited
- Globalindo Alam Lestari - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Indo Tambangraya Megah - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- ASAPP Information Group - India
- CNBM International Corporation - China
- Indian Energy Exchange, India
- Africa Commodities Group - South Africa
- Gujarat Electricity Regulatory Commission - India
- Sakthi Sugars Limited - India
- The Treasury - Australian Government
- MS Steel International - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- Interocean Group of Companies - India
- Rashtriya Ispat Nigam Limited - India
- SMG Consultants - Indonesia
- Jindal Steel & Power Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Australian Coal Association
- Maharashtra Electricity Regulatory Commission - India
- Dalmia Cement Bharat India
- Coal and Oil Company - UAE
- Binh Thuan Hamico - Vietnam
- Global Business Power Corporation, Philippines
- Antam Resourcindo - Indonesia
- London Commodity Brokers - England
- Planning Commission, India
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- Billiton Holdings Pty Ltd - Australia
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