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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, 20 August 09
INDONESIA'S DELTA DUNIA BUYS COAL FIRM FOR $550 MLN
* Delta Dunia to acquire BUMA for $550 million
* Expect to complete the deal in the fourth quarter of 2009
* Delta Dunia has appointed Barclays Ca ...
Thursday, 20 August 09
MUNDRA PORT BAGS MORMUGAO PORT COAL TERMINAL DEVELOPMENT CONCESSIONS
NDTV reported that, Mundra Port and Special Economic Zone (Mundra Port) the largest private port in India has won the bid for the development of coa ...
Thursday, 20 August 09
INDONESIA'S BUKIT ASAM SET FOR MINE ACQUISITIONS
* Allocates $150 million for coal mine acquisitions
* Expects one deal to be completed by the end of 2009
Reuters world's largest international ...
Thursday, 20 August 09
INDONESIAN COAL EXPORT LESSENS IN FIRST SEMESTER
Domestic coal use has grown by five million tons.
Viva News reported that, Domestic coal export up until the first half of 2009 decreased by four ...
Wednesday, 19 August 09
STEAM COAL PRICES ARE SINKING - THE GERMAN COAL IMPORTERS ASSOCIATION
COALspot.com (German): Oversupply in the World Market. In 2Q 2009 the steam coal prices sank massive in comparison to the previous years quart ...
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- Savvy Resources Ltd - HongKong
- LBH Netherlands Bv - Netherlands
- Indonesian Coal Mining Association
- The State Trading Corporation of India Ltd
- Wilmar Investment Holdings
- Directorate Of Revenue Intelligence - India
- Binh Thuan Hamico - Vietnam
- Iligan Light & Power Inc, Philippines
- Bhatia International Limited - India
- Energy Link Ltd, New Zealand
- Essar Steel Hazira Ltd - India
- Toyota Tsusho Corporation, Japan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Maheswari Brothers Coal Limited - India
- Africa Commodities Group - South Africa
- GMR Energy Limited - India
- Posco Energy - South Korea
- Kumho Petrochemical, South Korea
- Neyveli Lignite Corporation Ltd, - India
- Asmin Koalindo Tuhup - Indonesia
- Indo Tambangraya Megah - Indonesia
- Sojitz Corporation - Japan
- Central Java Power - Indonesia
- Meenaskhi Energy Private Limited - India
- Eastern Coal Council - USA
- Cigading International Bulk Terminal - Indonesia
- Manunggal Multi Energi - Indonesia
- IEA Clean Coal Centre - UK
- Bahari Cakrawala Sebuku - Indonesia
- Mjunction Services Limited - India
- Standard Chartered Bank - UAE
- PowerSource Philippines DevCo
- Antam Resourcindo - Indonesia
- GAC Shipping (India) Pvt Ltd
- Kideco Jaya Agung - Indonesia
- Jaiprakash Power Ventures ltd
- Bhushan Steel Limited - India
- South Luzon Thermal Energy Corporation
- GN Power Mariveles Coal Plant, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Cement Manufacturers Association - India
- Siam City Cement - Thailand
- McConnell Dowell - Australia
- Edison Trading Spa - Italy
- Economic Council, Georgia
- GVK Power & Infra Limited - India
- Carbofer General Trading SA - India
- Ambuja Cements Ltd - India
- Port Waratah Coal Services - Australia
- Baramulti Group, Indonesia
- Bayan Resources Tbk. - Indonesia
- Jindal Steel & Power Ltd - India
- Interocean Group of Companies - India
- Barasentosa Lestari - Indonesia
- Formosa Plastics Group - Taiwan
- Ministry of Finance - Indonesia
- Kaltim Prima Coal - Indonesia
- Coal and Oil Company - UAE
- Kohat Cement Company Ltd. - Pakistan
- Wood Mackenzie - Singapore
- Orica Australia Pty. Ltd.
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Global Green Power PLC Corporation, Philippines
- India Bulls Power Limited - India
- Lanco Infratech Ltd - India
- Indian Energy Exchange, India
- PetroVietnam Power Coal Import and Supply Company
- Aditya Birla Group - India
- OPG Power Generation Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Pipit Mutiara Jaya. PT, Indonesia
- Electricity Generating Authority of Thailand
- Minerals Council of Australia
- Tata Chemicals Ltd - India
- Power Finance Corporation Ltd., India
- Metalloyd Limited - United Kingdom
- Banpu Public Company Limited - Thailand
- Chamber of Mines of South Africa
- Trasteel International SA, Italy
- Global Business Power Corporation, Philippines
- Heidelberg Cement - Germany
- Planning Commission, India
- Globalindo Alam Lestari - Indonesia
- Larsen & Toubro Limited - India
- Singapore Mercantile Exchange
- Sindya Power Generating Company Private Ltd
- The Treasury - Australian Government
- Australian Coal Association
- Parry Sugars Refinery, India
- Coastal Gujarat Power Limited - India
- Anglo American - United Kingdom
- Ind-Barath Power Infra Limited - India
- Intertek Mineral Services - Indonesia
- Kartika Selabumi Mining - Indonesia
- Timah Investasi Mineral - Indoneisa
- Bukit Baiduri Energy - Indonesia
- Vedanta Resources Plc - India
- Sical Logistics Limited - India
- Grasim Industreis Ltd - India
- International Coal Ventures Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Star Paper Mills Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Bharathi Cement Corporation - India
- CIMB Investment Bank - Malaysia
- Riau Bara Harum - Indonesia
- Central Electricity Authority - India
- SMC Global Power, Philippines
- Gujarat Sidhee Cement - India
- Thiess Contractors Indonesia
- Agrawal Coal Company - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Goldman Sachs - Singapore
- Marubeni Corporation - India
- Eastern Energy - Thailand
- ICICI Bank Limited - India
- Price Waterhouse Coopers - Russia
- TeaM Sual Corporation - Philippines
- Romanian Commodities Exchange
- Altura Mining Limited, Indonesia
- London Commodity Brokers - England
- Therma Luzon, Inc, Philippines
- PNOC Exploration Corporation - Philippines
- Billiton Holdings Pty Ltd - Australia
- Kepco SPC Power Corporation, Philippines
- Energy Development Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- Georgia Ports Authority, United States
- Tamil Nadu electricity Board
- Vijayanagar Sugar Pvt Ltd - India
- New Zealand Coal & Carbon
- ASAPP Information Group - India
- Ministry of Transport, Egypt
- Offshore Bulk Terminal Pte Ltd, Singapore
- Meralco Power Generation, Philippines
- Makarim & Taira - Indonesia
- Mintek Dendrill Indonesia
- Orica Mining Services - Indonesia
- Thai Mozambique Logistica
- Gujarat Electricity Regulatory Commission - India
- MS Steel International - UAE
- Karbindo Abesyapradhi - Indoneisa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Attock Cement Pakistan Limited
- SN Aboitiz Power Inc, Philippines
- Simpson Spence & Young - Indonesia
- Merrill Lynch Commodities Europe
- Maharashtra Electricity Regulatory Commission - India
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Mines - Canada
- Indogreen Group - Indonesia
- Madhucon Powers Ltd - India
- Parliament of New Zealand
- Samtan Co., Ltd - South Korea
- CNBM International Corporation - China
- San Jose City I Power Corp, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- White Energy Company Limited
- Miang Besar Coal Terminal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Chettinad Cement Corporation Ltd - India
- Indika Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Bangladesh Power Developement Board
- Malabar Cements Ltd - India
- European Bulk Services B.V. - Netherlands
- The University of Queensland
- Siam City Cement PLC, Thailand
- Oldendorff Carriers - Singapore
- Electricity Authority, New Zealand
- Bukit Asam (Persero) Tbk - Indonesia
- Salva Resources Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Medco Energi Mining Internasional
- Bukit Makmur.PT - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- SMG Consultants - Indonesia
- Australian Commodity Traders Exchange
- AsiaOL BioFuels Corp., Philippines
- Mercuria Energy - Indonesia
- Sakthi Sugars Limited - India
- Mercator Lines Limited - India
- Renaissance Capital - South Africa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Videocon Industries ltd - India
- Straits Asia Resources Limited - Singapore
- Borneo Indobara - Indonesia
- Indian Oil Corporation Limited
- Bhoruka Overseas - Indonesia
- Commonwealth Bank - Australia
- Independent Power Producers Association of India
- Dalmia Cement Bharat India
- Xindia Steels Limited - India
- Coalindo Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- VISA Power Limited - India
- Rio Tinto Coal - Australia
- PTC India Limited - India
- Vizag Seaport Private Limited - India
- Deloitte Consulting - India
- Bulk Trading Sa - Switzerland
- Leighton Contractors Pty Ltd - Australia
- Aboitiz Power Corporation - Philippines
- Rashtriya Ispat Nigam Limited - India
- Semirara Mining and Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Latin American Coal - Colombia
- IHS Mccloskey Coal Group - USA
- Petron Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Pendopo Energi Batubara - Indonesia
- Semirara Mining Corp, Philippines
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