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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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Friday, 28 August 09
JSW MAY BUY AFRICAN MINE FOR US$ 350
The Economic Times Reported that, The Sajjan Jindal-owned JSW Group is in advanced talks to acquire a coal mine in Swaziland, Africa, at an estimate ...
Friday, 28 August 09
COAL INDIA ALLOWED TO IMPORT COKING COAL
The government Thursday allowed the state-owned Coal India to import coking coal and high grade ash thermal coal by acquiring coal properties abroad ...
Thursday, 27 August 09
CIL TO SPEND US$ 1 - 1.5 BN TO ACQUIRE ASSETS IN 4 COUNTRIES
Business Standard reported that, "Coal India is looking to spend $1-1.5 billion in acquiring mining assets in Australia, Indonesia, South Afric ...
Wednesday, 26 August 09
INDIA'S JSW TO DOUBLE JAIGARH PORT CAPACITY TO 20 MT
Sea Trade Asia reported that, JSW Jaigarh Port, a wholly owned subsidiary of JSW Infrastructure & Logistics, plans to double cargo handling capa ...
Wednesday, 26 August 09
JSW ENERGY NEARS COAL-SUPPLY LINKAGE DEAL IN INDONESIA
Sajjan Jindal-owned JSW Energy is close to finalising a coal-supply linkage pact in Indonesia and is also exploring options of acquiring ...
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- Xindia Steels Limited - India
- Meralco Power Generation, Philippines
- Bayan Resources Tbk. - Indonesia
- Interocean Group of Companies - India
- Malabar Cements Ltd - India
- Bukit Baiduri Energy - Indonesia
- Bhushan Steel Limited - India
- Oldendorff Carriers - Singapore
- The University of Queensland
- PetroVietnam Power Coal Import and Supply Company
- Kepco SPC Power Corporation, Philippines
- Sakthi Sugars Limited - India
- Heidelberg Cement - Germany
- Bahari Cakrawala Sebuku - Indonesia
- Kapuas Tunggal Persada - Indonesia
- ASAPP Information Group - India
- Sarangani Energy Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Directorate General of MIneral and Coal - Indonesia
- Orica Mining Services - Indonesia
- Petron Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Indonesian Coal Mining Association
- The Treasury - Australian Government
- Trasteel International SA, Italy
- Bukit Makmur.PT - Indonesia
- Rio Tinto Coal - Australia
- Indian Oil Corporation Limited
- PowerSource Philippines DevCo
- New Zealand Coal & Carbon
- Attock Cement Pakistan Limited
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Planning Commission, India
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- Merrill Lynch Commodities Europe
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- Meenaskhi Energy Private Limited - India
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- TeaM Sual Corporation - Philippines
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- SMC Global Power, Philippines
- Eastern Energy - Thailand
- Singapore Mercantile Exchange
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- Kartika Selabumi Mining - Indonesia
- MS Steel International - UAE
- Mercator Lines Limited - India
- Indogreen Group - Indonesia
- Chettinad Cement Corporation Ltd - India
- Vedanta Resources Plc - India
- VISA Power Limited - India
- Sree Jayajothi Cements Limited - India
- Maharashtra Electricity Regulatory Commission - India
- CIMB Investment Bank - Malaysia
- Kohat Cement Company Ltd. - Pakistan
- Africa Commodities Group - South Africa
- Ind-Barath Power Infra Limited - India
- Indian Energy Exchange, India
- Thai Mozambique Logistica
- Kumho Petrochemical, South Korea
- Formosa Plastics Group - Taiwan
- Thiess Contractors Indonesia
- Dalmia Cement Bharat India
- Tamil Nadu electricity Board
- Holcim Trading Pte Ltd - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Electricity Generating Authority of Thailand
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- Goldman Sachs - Singapore
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- San Jose City I Power Corp, Philippines
- Tata Chemicals Ltd - India
- Agrawal Coal Company - India
- Borneo Indobara - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Riau Bara Harum - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Mercuria Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The State Trading Corporation of India Ltd
- Kaltim Prima Coal - Indonesia
- Toyota Tsusho Corporation, Japan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Timah Investasi Mineral - Indoneisa
- Australian Coal Association
- South Luzon Thermal Energy Corporation
- Offshore Bulk Terminal Pte Ltd, Singapore
- SMG Consultants - Indonesia
- Chamber of Mines of South Africa
- Eastern Coal Council - USA
- Essar Steel Hazira Ltd - India
- Globalindo Alam Lestari - Indonesia
- Global Green Power PLC Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Jindal Steel & Power Ltd - India
- Billiton Holdings Pty Ltd - Australia
- White Energy Company Limited
- Ministry of Transport, Egypt
- Uttam Galva Steels Limited - India
- Wood Mackenzie - Singapore
- Bhatia International Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Pipit Mutiara Jaya. PT, Indonesia
- Simpson Spence & Young - Indonesia
- Gujarat Sidhee Cement - India
- Price Waterhouse Coopers - Russia
- GAC Shipping (India) Pvt Ltd
- Altura Mining Limited, Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Coalindo Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Mintek Dendrill Indonesia
- International Coal Ventures Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Salva Resources Pvt Ltd - India
- McConnell Dowell - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Bharathi Cement Corporation - India
- Renaissance Capital - South Africa
- GVK Power & Infra Limited - India
- Parry Sugars Refinery, India
- OPG Power Generation Pvt Ltd - India
- Makarim & Taira - Indonesia
- Medco Energi Mining Internasional
- Rashtriya Ispat Nigam Limited - India
- Bulk Trading Sa - Switzerland
- Semirara Mining Corp, Philippines
- Asmin Koalindo Tuhup - Indonesia
- SN Aboitiz Power Inc, Philippines
- Kideco Jaya Agung - Indonesia
- Antam Resourcindo - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Sojitz Corporation - Japan
- Straits Asia Resources Limited - Singapore
- Banpu Public Company Limited - Thailand
- Latin American Coal - Colombia
- Cement Manufacturers Association - India
- Anglo American - United Kingdom
- Metalloyd Limited - United Kingdom
- Aditya Birla Group - India
- Bangladesh Power Developement Board
- Star Paper Mills Limited - India
- Miang Besar Coal Terminal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Indo Tambangraya Megah - Indonesia
- Independent Power Producers Association of India
- Bhoruka Overseas - Indonesia
- Edison Trading Spa - Italy
- Wilmar Investment Holdings
- Global Coal Blending Company Limited - Australia
- Pendopo Energi Batubara - Indonesia
- Indika Energy - Indonesia
- Siam City Cement - Thailand
- Samtan Co., Ltd - South Korea
- Electricity Authority, New Zealand
- Commonwealth Bank - Australia
- Gujarat Mineral Development Corp Ltd - India
- Grasim Industreis Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Coastal Gujarat Power Limited - India
- Economic Council, Georgia
- Marubeni Corporation - India
- Kobexindo Tractors - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Directorate Of Revenue Intelligence - India
- Alfred C Toepfer International GmbH - Germany
- Videocon Industries ltd - India
- Cigading International Bulk Terminal - Indonesia
- London Commodity Brokers - England
- Jaiprakash Power Ventures ltd
- Minerals Council of Australia
- IHS Mccloskey Coal Group - USA
- Global Business Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Power Finance Corporation Ltd., India
- Baramulti Group, Indonesia
- GMR Energy Limited - India
- PTC India Limited - India
- Vizag Seaport Private Limited - India
- Port Waratah Coal Services - Australia
- LBH Netherlands Bv - Netherlands
- Semirara Mining and Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Posco Energy - South Korea
- Orica Australia Pty. Ltd.
- Coal and Oil Company - UAE
- Australian Commodity Traders Exchange
- Sindya Power Generating Company Private Ltd
- Parliament of New Zealand
- Romanian Commodities Exchange
- Standard Chartered Bank - UAE
- Energy Development Corp, Philippines
- Sinarmas Energy and Mining - Indonesia
- Central Java Power - Indonesia
- Ministry of Mines - Canada
- Carbofer General Trading SA - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Aboitiz Power Corporation - Philippines
- Kalimantan Lumbung Energi - Indonesia
- India Bulls Power Limited - India
- CNBM International Corporation - China
- PNOC Exploration Corporation - Philippines
- ICICI Bank Limited - India
- Madhucon Powers Ltd - India
- Iligan Light & Power Inc, Philippines
- IEA Clean Coal Centre - UK
- Ambuja Cements Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Lanco Infratech Ltd - India
- Barasentosa Lestari - Indonesia
- Siam City Cement PLC, Thailand
- Therma Luzon, Inc, Philippines
- Mjunction Services Limited - India
- Energy Link Ltd, New Zealand
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