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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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Tuesday, 01 September 09
GLOBAL COAL PRICES UNDER PRESSURE AS CHINESE PROVINCE RETURNS TO THE PRODUCTION FRAY - REUTERS
China is set to return to role of coal exporter as the deadline for thousands of small coal mines in its Shanxi province to reopen after being shut ...
Tuesday, 01 September 09
INDONESIA PLN SECURES 1.9 MILLION TONNES COAL FOR NEW POWER PLANT
Reuters reported that Indonesia's state electricity firm PT Perusahaan Listrik Negara has secured 1.9 million tonnes of sub bituminous coal per yea ...
Tuesday, 01 September 09
EXPORT OF COAL RAW MATERIAL SHOULD BE REDUCED - INDONESIAN OFFICIAL
Antara reported that, Coal producing companies should reduce the volume of their export of coal raw material and increase the volume of their finish ...
Tuesday, 01 September 09
NEWCASTLE WEEKLY COAL EXPORTS RISE 23%, SHIP QUEUE DECREASES
Bloomberg reported that, Coal shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel, rose 23 percent ...
Monday, 31 August 09
INDIA MMTC ISSUE TENDER TO IMPORT 12.5 MMT COAL TO BE SUPPLIED OVER A PERIOD OF 12 MONTHS
COALspot.com (India): MMTC has re-issued a tender to import 12.50 Million Metric Tonnes (12.50 MMT) (+/- 2%) of thermal coal to be supplied over a p ...
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- Semirara Mining Corp, Philippines
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- Ambuja Cements Ltd - India
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- Kumho Petrochemical, South Korea
- Renaissance Capital - South Africa
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- Energy Link Ltd, New Zealand
- Meralco Power Generation, Philippines
- Star Paper Mills Limited - India
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- PNOC Exploration Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- Simpson Spence & Young - Indonesia
- McConnell Dowell - Australia
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- Economic Council, Georgia
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- Straits Asia Resources Limited - Singapore
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- Trasteel International SA, Italy
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- Bangladesh Power Developement Board
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- Electricity Authority, New Zealand
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- CNBM International Corporation - China
- Global Coal Blending Company Limited - Australia
- Central Electricity Authority - India
- London Commodity Brokers - England
- Bhatia International Limited - India
- ICICI Bank Limited - India
- Anglo American - United Kingdom
- Aboitiz Power Corporation - Philippines
- New Zealand Coal & Carbon
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- Mjunction Services Limited - India
- Tamil Nadu electricity Board
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- Bhoruka Overseas - Indonesia
- Thiess Contractors Indonesia
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- Gujarat Electricity Regulatory Commission - India
- Georgia Ports Authority, United States
- Thai Mozambique Logistica
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Coalindo Energy - Indonesia
- Sical Logistics Limited - India
- AsiaOL BioFuels Corp., Philippines
- Oldendorff Carriers - Singapore
- Romanian Commodities Exchange
- Standard Chartered Bank - UAE
- PowerSource Philippines DevCo
- Power Finance Corporation Ltd., India
- Toyota Tsusho Corporation, Japan
- Mercuria Energy - Indonesia
- Altura Mining Limited, Indonesia
- Ceylon Electricity Board - Sri Lanka
- Ministry of Finance - Indonesia
- Ind-Barath Power Infra Limited - India
- Parliament of New Zealand
- Xindia Steels Limited - India
- The University of Queensland
- TNB Fuel Sdn Bhd - Malaysia
- Larsen & Toubro Limited - India
- Ministry of Mines - Canada
- Savvy Resources Ltd - HongKong
- Karaikal Port Pvt Ltd - India
- GMR Energy Limited - India
- Electricity Generating Authority of Thailand
- VISA Power Limited - India
- Goldman Sachs - Singapore
- TeaM Sual Corporation - Philippines
- Therma Luzon, Inc, Philippines
- Heidelberg Cement - Germany
- Kapuas Tunggal Persada - Indonesia
- Indo Tambangraya Megah - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- International Coal Ventures Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- ASAPP Information Group - India
- Formosa Plastics Group - Taiwan
- Indian Oil Corporation Limited
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- Orica Australia Pty. Ltd.
- Jindal Steel & Power Ltd - India
- Bulk Trading Sa - Switzerland
- Gujarat Mineral Development Corp Ltd - India
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- GAC Shipping (India) Pvt Ltd
- European Bulk Services B.V. - Netherlands
- Australian Coal Association
- Essar Steel Hazira Ltd - India
- Wilmar Investment Holdings
- Jorong Barutama Greston.PT - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Planning Commission, India
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- Videocon Industries ltd - India
- Siam City Cement - Thailand
- Leighton Contractors Pty Ltd - Australia
- Semirara Mining and Power Corporation, Philippines
- Agrawal Coal Company - India
- Kepco SPC Power Corporation, Philippines
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- Iligan Light & Power Inc, Philippines
- SMC Global Power, Philippines
- Price Waterhouse Coopers - Russia
- Alfred C Toepfer International GmbH - Germany
- Ministry of Transport, Egypt
- Kideco Jaya Agung - Indonesia
- Directorate Of Revenue Intelligence - India
- Tata Chemicals Ltd - India
- Rio Tinto Coal - Australia
- Timah Investasi Mineral - Indoneisa
- Intertek Mineral Services - Indonesia
- Australian Commodity Traders Exchange
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- OPG Power Generation Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Coal and Oil Company - UAE
- The State Trading Corporation of India Ltd
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- Riau Bara Harum - Indonesia
- Indogreen Group - Indonesia
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- Gujarat Sidhee Cement - India
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- Pendopo Energi Batubara - Indonesia
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- Binh Thuan Hamico - Vietnam
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- Indonesian Coal Mining Association
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- Minerals Council of Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Makarim & Taira - Indonesia
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- Latin American Coal - Colombia
- Bahari Cakrawala Sebuku - Indonesia
- IEA Clean Coal Centre - UK
- The Treasury - Australian Government
- Merrill Lynch Commodities Europe
- Billiton Holdings Pty Ltd - Australia
- Port Waratah Coal Services - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indika Energy - Indonesia
- MS Steel International - UAE
- Parry Sugars Refinery, India
- PTC India Limited - India
- India Bulls Power Limited - India
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- Energy Development Corp, Philippines
- Cement Manufacturers Association - India
- Samtan Co., Ltd - South Korea
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- Jaiprakash Power Ventures ltd
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