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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, 13 August 09
RIO PREPARES COAL IPO AFTER FAILING TO FIND BUYER
Bloomberg reported that, Rio Tinto Group, the world’s third- largest mining company, is preparing an initial public offering for its U.S. ...
Thursday, 13 August 09
NOBLE'S PROFIT DOUBLES ON GLOUCESTER COAL ACQUISITION
Bloomberg reported that, Noble Group Ltd., a Hong Kong-based supplier of raw materials from soybeans to coal, said second- quarter profit more than ...
Thursday, 13 August 09
CHINA COAL-PRICES UNCHANGED, BUT LIKELY TO MOVE HIGHER
Alibaba reported that, Spot coal prices in China's top coal port Qinhuangdao were unchanged from a week earlier, but are still looking bullish in t ...
Thursday, 13 August 09
INDONESIA'S BERAU COAL SEES 2010 OUTPUT UP 16 PCT
Reuters reported that, Indonesia's fifth-largest coal miner, PT Berau Coal, expects 2010 production to be nearly 16 percent higher than this year, ...
Thursday, 13 August 09
JAYPEE GROUP. L&T INK RS 4,000-CRORE (US$ 824,818,084) DEAL
Second order bagged by L&T in the supercritical segment.
Jaiprakash Power Ventures Ltd (JPVL), promoted by the $7-billion Jaypee group, has s ...
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- Trasteel International SA, Italy
- Energy Development Corp, Philippines
- Eastern Energy - Thailand
- Independent Power Producers Association of India
- Karbindo Abesyapradhi - Indoneisa
- Grasim Industreis Ltd - India
- Parliament of New Zealand
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- Globalindo Alam Lestari - Indonesia
- Straits Asia Resources Limited - Singapore
- Manunggal Multi Energi - Indonesia
- Simpson Spence & Young - Indonesia
- Tata Chemicals Ltd - India
- Singapore Mercantile Exchange
- Global Coal Blending Company Limited - Australia
- Price Waterhouse Coopers - Russia
- PowerSource Philippines DevCo
- Karaikal Port Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Maheswari Brothers Coal Limited - India
- Ind-Barath Power Infra Limited - India
- Thiess Contractors Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Parry Sugars Refinery, India
- Iligan Light & Power Inc, Philippines
- India Bulls Power Limited - India
- Kapuas Tunggal Persada - Indonesia
- Minerals Council of Australia
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- Interocean Group of Companies - India
- Ministry of Mines - Canada
- Vizag Seaport Private Limited - India
- Kumho Petrochemical, South Korea
- Sree Jayajothi Cements Limited - India
- Electricity Generating Authority of Thailand
- Malabar Cements Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Agrawal Coal Company - India
- Jindal Steel & Power Ltd - India
- Lanco Infratech Ltd - India
- Bayan Resources Tbk. - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Bukit Makmur.PT - Indonesia
- Xindia Steels Limited - India
- Kaltim Prima Coal - Indonesia
- Indo Tambangraya Megah - Indonesia
- GAC Shipping (India) Pvt Ltd
- Riau Bara Harum - Indonesia
- Indonesian Coal Mining Association
- Toyota Tsusho Corporation, Japan
- Standard Chartered Bank - UAE
- MS Steel International - UAE
- Carbofer General Trading SA - India
- Latin American Coal - Colombia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- TeaM Sual Corporation - Philippines
- Ceylon Electricity Board - Sri Lanka
- Electricity Authority, New Zealand
- Sindya Power Generating Company Private Ltd
- Sical Logistics Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ministry of Transport, Egypt
- ASAPP Information Group - India
- Meenaskhi Energy Private Limited - India
- Kideco Jaya Agung - Indonesia
- The University of Queensland
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- San Jose City I Power Corp, Philippines
- Cement Manufacturers Association - India
- SMC Global Power, Philippines
- Videocon Industries ltd - India
- Directorate Of Revenue Intelligence - India
- Edison Trading Spa - Italy
- Ministry of Finance - Indonesia
- Miang Besar Coal Terminal - Indonesia
- New Zealand Coal & Carbon
- Australian Commodity Traders Exchange
- Orica Australia Pty. Ltd.
- Semirara Mining Corp, Philippines
- Star Paper Mills Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Savvy Resources Ltd - HongKong
- Sakthi Sugars Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- The Treasury - Australian Government
- GVK Power & Infra Limited - India
- Heidelberg Cement - Germany
- Meralco Power Generation, Philippines
- PTC India Limited - India
- Vedanta Resources Plc - India
- Wilmar Investment Holdings
- Mercuria Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Africa Commodities Group - South Africa
- Mercator Lines Limited - India
- Dalmia Cement Bharat India
- Economic Council, Georgia
- IEA Clean Coal Centre - UK
- Therma Luzon, Inc, Philippines
- Siam City Cement - Thailand
- VISA Power Limited - India
- Borneo Indobara - Indonesia
- Attock Cement Pakistan Limited
- PNOC Exploration Corporation - Philippines
- Metalloyd Limited - United Kingdom
- Orica Mining Services - Indonesia
- Bhatia International Limited - India
- Jaiprakash Power Ventures ltd
- Bhoruka Overseas - Indonesia
- Larsen & Toubro Limited - India
- Essar Steel Hazira Ltd - India
- Kobexindo Tractors - Indoneisa
- Makarim & Taira - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Intertek Mineral Services - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Siam City Cement PLC, Thailand
- Oldendorff Carriers - Singapore
- Romanian Commodities Exchange
- Coalindo Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- Antam Resourcindo - Indonesia
- ICICI Bank Limited - India
- Chettinad Cement Corporation Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Baramulti Group, Indonesia
- Indian Oil Corporation Limited
- SMG Consultants - Indonesia
- Wood Mackenzie - Singapore
- Sojitz Corporation - Japan
- Bharathi Cement Corporation - India
- GN Power Mariveles Coal Plant, Philippines
- Central Java Power - Indonesia
- Posco Energy - South Korea
- PetroVietnam Power Coal Import and Supply Company
- Kohat Cement Company Ltd. - Pakistan
- Power Finance Corporation Ltd., India
- Eastern Coal Council - USA
- Gujarat Electricity Regulatory Commission - India
- London Commodity Brokers - England
- Bulk Trading Sa - Switzerland
- Gujarat Mineral Development Corp Ltd - India
- Aboitiz Power Corporation - Philippines
- South Luzon Thermal Energy Corporation
- Bukit Baiduri Energy - Indonesia
- Rio Tinto Coal - Australia
- Ambuja Cements Ltd - India
- Mintek Dendrill Indonesia
- Port Waratah Coal Services - Australia
- Barasentosa Lestari - Indonesia
- Merrill Lynch Commodities Europe
- Deloitte Consulting - India
- Anglo American - United Kingdom
- GMR Energy Limited - India
- Indogreen Group - Indonesia
- Krishnapatnam Port Company Ltd. - India
- International Coal Ventures Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Australian Coal Association
- LBH Netherlands Bv - Netherlands
- Indika Energy - Indonesia
- Marubeni Corporation - India
- McConnell Dowell - Australia
- The State Trading Corporation of India Ltd
- Tamil Nadu electricity Board
- White Energy Company Limited
- IHS Mccloskey Coal Group - USA
- Renaissance Capital - South Africa
- Samtan Co., Ltd - South Korea
- Indian Energy Exchange, India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Altura Mining Limited, Indonesia
- SN Aboitiz Power Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Directorate General of MIneral and Coal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Global Green Power PLC Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Uttam Galva Steels Limited - India
- Goldman Sachs - Singapore
- Pendopo Energi Batubara - Indonesia
- Planning Commission, India
- Energy Link Ltd, New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- Maharashtra Electricity Regulatory Commission - India
- Medco Energi Mining Internasional
- European Bulk Services B.V. - Netherlands
- Billiton Holdings Pty Ltd - Australia
- Central Electricity Authority - India
- Coastal Gujarat Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Formosa Plastics Group - Taiwan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coal and Oil Company - UAE
- Chamber of Mines of South Africa
- Aditya Birla Group - India
- Cigading International Bulk Terminal - Indonesia
- Thai Mozambique Logistica
- Bhushan Steel Limited - India
- Mjunction Services Limited - India
- Kartika Selabumi Mining - Indonesia
- Sarangani Energy Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Madhucon Powers Ltd - India
- CIMB Investment Bank - Malaysia
- Bangladesh Power Developement Board
- Kalimantan Lumbung Energi - Indonesia
- CNBM International Corporation - China
- Commonwealth Bank - Australia
- OPG Power Generation Pvt Ltd - India
- Petron Corporation, Philippines
- Global Business Power Corporation, Philippines
- Georgia Ports Authority, United States
- Semirara Mining and Power Corporation, Philippines
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